It was learned from the Yichang Customs that the total import and export value, though had experienced decrease in the first two quarters, came to 13.47 billion RMB in three quarters accumulatively with year-on-year (the same below) growth of 9.5 percent, of which the export value reached 11.56 billion RMB, with growth of 9.4 percent; the imports 1.91 billion RMB,with growth of 10 percent.
Statistics show that the total imports and exports value of Hubei province reached 228.66 billion RMB during the first three quarters of the year and Yichang accounted for 5.9 percent. Among them, the total amount of foreign trade in Yiling District and Zigui country increased substantially by 85.2 percent and 1.7 times respectively. In general, the import and export trade in Yichang reached 10.75 billion RMB, accounting for 79.8 percent of the total amount during the same period, among which processing trade amounted to 2.66 billion RMB with rapid growth of 70.2 percent.
The import and export volume of private enterprises, accounted for more than half of total value, reached 6.95 billion RMB during the first three quarters, accounting for 51.6 percent of the total amount during the same period. At the same time, import and export of sate-owned enterprise reached 4.21 billion RMB, with growth of 9 percent; imports and exports of joint ventures reached 1.5 billion RMB, with growth of 96.7 percent; imports and exports of wholly foreign-owned enterprises (WFOE) reached 800 million RMB, with growth of 7.9 percent.
Trade volume in some areas of One Belt And One Road increased significantly by integrating into national development strategy, among which the bilateral trade with Pakistan reached 610 million RMB, with growth of 73.2 percent; the bilateral trade with Thailand came to 520 million RMB, with growth of 41.2 percent; the bilateral trade with Vietnam 480 million RMB, a two-fold increase.
High-tech products had a prominent aftereffect and its export reached 1.61 billion RMB, with growth of 93.8 percent. And the export of mechanical and electrical products reached 1.89 billion RMB, with growth of 12.4 percent; the export of medicine products reached 860 million RMB, with growth of 5.5 percent. In terms of individual commodities, the exports of tablet PC reached 5.176 million RMB, with growth of 4.1 times; the export of LCD panel reached 2.54 million RMB, with growth of 54.5 times; the export of amino acid reached 1.157 million RMB, with growth of 27.5 percent. Apples and tomatoes both achieved positive growth of export. Owing to the cancellation of some chemical fertilizer export tariffs, the export of chemical fertilizer enterprises increased by 27.9 percent.
Since the listing of free trade zone on April 1st, the total import and export value have reached 950 million RMB, with 18 enterprises achieving positive growth of the total import and export value of foreign trade. (Journalist Yang Jing, Correspondent Liu Lingqiao)