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Why did the foreign trade in the central and western regions grow faster than the overall in the fir

2021-10-14

On the 13th, the State Council Information Office held a press conference on the import and export situation in the first three quarters of 2021. Speaking of the faster growth of foreign trade in the central and western regions, Li Kuiwen, spokesperson of the General Administration of Customs and Director of the Statistical Analysis Department, introduced that private enterprises are the main force driving the growth of foreign trade in the central and western regions, and the electronic equipment manufacturing industry has a prominent supporting role. The express trains help the central and western regions to develop the markets of countries along the "Belt and Road" route, and the high-level open platform in the central and western regions has an obvious pulling effect.

At the press conference, a reporter asked: Since the beginning of this year, the growth rate of foreign trade in the central and western regions has been faster than the overall growth rate. What are the main factors that have driven it?

Li Kuiwen pointed out that in the first three quarters of this year, the import and export of my country's central and western regions was 4.95 trillion yuan, an increase of 27.2%, which was 4.5 percentage points higher than the national foreign trade growth rate during the same period, and accounted for 17.5% of the national import and export during the same period, an increase of 0.6 percentage point. Among them, the import and export growth rate of Henan, Hubei and other provinces exceeded 30%. We believe that the main factors driving the growth of foreign trade in the central and western regions are as follows:

First, private enterprises are the main force driving the growth of foreign trade in the central and western regions. In the first three quarters, the import and export of private enterprises in the central and western regions was 2.5 trillion yuan, an increase of 35%, which was 7.8 percentage points higher than the overall import and export growth rate of the central and western regions, and accounted for a 2.9 percentage point increase in the import and export proportion of the central and western regions, reaching 50.5%. The contribution rate to the foreign trade growth of the central and western regions reached 61.1% during the same period.

The second is the prominent supporting role of the electronic equipment manufacturing industry. In the first three quarters, the import and export of computer, communications and other electronic equipment manufacturing industries in the central and western regions increased by 25% to 2.01 trillion yuan, accounting for 40.6% of the total import and export value of the central and western regions during the same period. That’s 38%. It is worth mentioning that the semiconductor industry in the central and western regions has accelerated development. In the first three quarters, the import of semiconductor manufacturing equipment was 72.2 billion yuan, an increase of 31.3%, accounting for 44.3% of the total import value of semiconductor manufacturing equipment in the country during the same period. This promoted the electronic equipment manufacturing industry in the central and western regions. The extension of the industrial chain.

The third is the China-Europe Express trains to help the central and western regions develop markets in countries along the “Belt and Road”. According to the latest data from China National Railway Group, in the first three quarters, a total of 11,300 China-Europe freight trains were opened and 1.093 million TEUs were sent, an increase of 29% and 37% respectively. In the first three quarters, the import and export of the central and western regions to countries along the “Belt and Road” was 1.56 trillion yuan, an increase of 21.8%, accounting for 18.8% of my country’s total import and export value to countries along the route during the same period; An increase of 21.8%.

Fourth, the high-level open platform in the central and western regions plays an obvious role. In the first three quarters, the import and export of the comprehensive bonded zone in the central and western regions was 1.82 trillion yuan, an increase of 31.9%, and the contribution rate to the growth of foreign trade in the central and western regions reached 41.5%. Among them, the central and western regions occupy 5 of the top 10 comprehensive bonded zones in the country in terms of import and export value.

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