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Foreign Trade Value Reaches¥13.5 Billion
2015-11-02 08:51:46

According to the Yichang custom, from January to September the citywide import and export value has reached 13.58 billion Yuan with an increase of 20.3%, among which the export value amounted to 11.81 billion Yuan with an increase of 28.2%; import value reached 1.77 billion Yuan with a decrease of 14.6%. In addition, the foreign trade import and export value of Yichang has accounted for 7.3% of total amount of Hubei Province.

Statistics shows that during the first 9 months, the city\'s general trade import and export value amounted to 11.21 billion Yuan with an increase of 24%, accounting for 82.5% of the city\'s total number. Over the same period, the city\'s processing trade import and export value reached 1.91 billion Yuan, with a decrease of 10.9%.

The import and export value of private enterprises maintain a rapid growth. From January to September, import and export value of private enterprises reached 6.06 billion Yuan with an increase of 16.5%. Over the same period, import and export value of state-owned enterprises amounted to 5.65 billion Yuan with an increase of 43.8%. In addition, import and export value of Sino-foreign joint ventures came to 1.11 billion Yuan, with a decrease of 21.2%. Import and export value of wholly foreign-owned enterprises reached 700 million Yuan with an increase of 2.4%.

As to the external demand market, the Indian market is active, and has become the largest trading partner of Yichang. From January to September, the city\'s bilateral trading with India amounted to 2.81 billion Yuan, which increased by 3 times. Over the same period, bilateral trading with ASEAN reached 1.81 billion Yuan, with an increase of 3.5%. Bilateral trading with American amounted to 1.35 billion Yuan, with a decrease of 7.4%. Trading with European Union and Japan has dropped, with the import and export value of 1.32 billion Yuan and 1.12 billion Yuan decreased by 20.8% and 1.1% respectively.

Export of diammonium hydrogen phosphate held a dominant position. From January to September, the goods that rank the top five export values are diammonium hydrogen phosphate, no backing aluminum foil, medical gauze, yeast, and urea. Among them, the export of diammonium hydrogen phosphate increased by 1.6 times, the export of no backing aluminum foil decreased by 18.9%, the export of medical gauze decreased by 4.2%, the export of yeast decreased by 27.6%, and the export of urea increased by 24%. Over the same period, the goods that rank the top four import values are sulfur, no backing aluminum foil, cotton, marine diesel engine parts.

From January to September, import and export value of 10 enterprises in the city were over 500 million Yuan while the other 12 enterprises were between 100 million to 500 million Yuan. (Reporter: Pei Shujing Correspondent: Liu Qiaoling)