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Yichang Foreign Trade Value Over 15 Billion from Jan. to Nov.
2014-12-24 10:59:49

  According to the latest statistics from Yichang Custom, the foreign trade value of Yichang from January to November this year has totaled¥15.03 billion, going up 16.9% on a year-on-year basis (the following percentages are on the same basis), of which, export valued ¥12.49 billion RMB, up 14.4%, and the import valued ¥2.54 billion, up 31.3%,and the total foreign trade value ranks the third in Hubei Province.
  According to Yichang Custom, the favorable balance of trade in this period amounted to ¥9.95 billion, the common export and import valued ¥122.9 RMB, up 20.3%, accounting for 82% of the total export and import value in Yichang in this time. The export and import value only in November amounted to ¥1.92 billion RMB, up 72.5%, with the increase of export value ranking the first in 2014.  Processing trade was recovering.
  The export and import value reflected the remaining rapid increase of export for private enterprises and the decrease of export and import for WFOE (Wholly Foreign-owned Enterprise). The import and export in January-November 2014 for private enterprises valued ¥7.07 billion, up 33.1%, and that for state owned enterprises valued 5.32 billion, up 19.7%. Meanwhile, the export and import of Sino-foreign joint venture valued ¥1.68 billion, up 2.5%, and wholly foreign-owned enterprises valued ¥0.81 billion, down 40%.
  The trade with EU, the biggest trade partner of Yichang at present, has totaled ¥2.17 billion, an increase of  1.6% and a sharp contrast of slight growth trade with US and obvious increase with Japan, Pakistan, and South Korea. Among all the trading items, export of diammonium hydrogen phosphate ranked the top, and there was sharp increase on the export of carbamide, the import of hi-tech products and electromechanical products, the index of enterprises transformation and restructuring in Yichang.
  From January to November, 2014, the 10 enterprises whose export and import values surpass ¥0.5 billion include Hubei Xingfa Chemicals Group Co. Ltd., Yidu Dongyangguang Formed Foil Co., Ltd, Angle Yeast Co. Ltd., Yichang Haili Trade Co., Ltd., Hubei Yihua Fertilizer Industry Co., Ltd., Zhijiang Aomei medical supplies Co., Ltd., Yichang Marine Diesel Engine Co. Ltd., and Hubei Yihua Chemical Industry Co. Ltd., Yidu Rongdu Trade Co. Ltd., Yichang  Jinmei Industry and Trade Co. Ltd, and there are  20 enterprises whose export and import value totaled between ¥0.1 billion and ¥0.5 billion. (Correspondent: Liu Lingqiao, Reporter: Zhangliang)