The Trade volume of Yichang import and export reached RMB 131.2 billion ($21,385,600,000) in the last ten months, with an increase of 11.7% in the same period last year (hereby the same).The total trade volume ranked the third in Hubei.

　　Statistics show that, trade volume of import and export grew stable in October, with the import growth as the highest in the whole year. From January to October, the trade surplus of Yichang reached RMB 83.6 billion ($13,626,800,000)with a total volume of RMB18.3 billion($298,290,000) and increased by 38.8 %. The amount of exports achieved RMB 15.3 billion ($2,493,900,000)with an increase of 26.2 %; the amount of import reached RMB 3 billion ($489,000,000)with an increase of 1.8 times.

　　The general trade of import and export hold 80%, with satisfying growth. During these ten months, the trade value of general trade import and export was RMB106.2 billion ($17,310,600,000) with 13.8% increase, taking up 80% volume in the same year of Yichang. Meanwhile, the volume of processing trade was RMB 24 billion ($3,912,000,000) and increased 9.2 %.

　　While the export of private enterprises grew faster, the import and export of foreign-invested enterprises decreased. During this period of time, the trade volume of private enterprises reached RMB 60.9 billion ($9,926,700,000)with a rise of 24%, in which the export volume was RMB 54.2 billion($8,834,600,000) with growth of 28.8 % and import volume was 6.7 billion ($1,092,100,000)decreasing 4.8%. At the same period, the value of import and export in state-owned enterprises was RMB 45.8 billion ($7,465,400,000) and increased 15.3%. These include RMB36.7 billion ($5,982,100,000) export volume with a growth of 2.5%. import volume reached RMB 9.1 billion($1,483,300,000), which increased by 1.3 times. Moreover, trade volume of import and export for sino-foreign joint ventures got to RMB15.7 billion ($2,559,100,000), which grown by 6.5 % compared with the same period last year.

　　EU (European Union) surpassed ASEAN (the Association of Southeast Nations) and became China’s largest trading partner. From January to October, the bilateral trade volume between Yichang and EU reached RMB 20 billion ($3,260,000,000) while the volume between Yichang and ASEAN arrived by RMB 19.3 billion ($3,145,900,000). The export volume to ASEAN arrived RMB17.8 billion ($2,901,400,000) and increased by 30 percent. And the bilateral trade volume with America was RMB17 billion (2,771,000,000) increased by 13.7 percent. At the same time, the trade value with Japan, Korea and Pakistan was seen a quick increase with the trade volume reached RMB 13 billion ($2,119,000,000), RMB 5.6 billion ($912,800,000) and RMB 5.4 billion (880,200,000), with an increase of 40%, 20.2 times and 18.2% respectively.

　　Ammonium Dibasic Phosphate (DAP) export plays a dominant role in Yichang, and Urea export went up greatly. During these ten months, the top five commodities in Yichang are DAP, Aluminum Foil without backing, Yeast, Urea and Gauze. (Reporter: Pei Shujing；Correspondent: Liu Lingqiao)