China's Sichuan posts 10.7% increase in foreign trade in Q1

Authors: ChinaDaily

2020-04-21

The foreign trade volume of Southwest China's Sichuan province rose 10.7 percent to 159.04 billion yuan ($22.49 billion) in the first quarter of the year, according to customs data released on April 16.
In the first quarter, the province did exports totalling 80.12 billion yuan, up 1.2 percent year-on-year and its imports grew 22.3 percent to 78.92 billion yuan, according to the Chengdu customs.
Foreign-funded enterprises in the province reported a 17.9 percent year-on-year growth in foreign trade in the first three months of the year.
Mechanical and electrical products have been the dominant products for export in the first quarter this year, accounting for 85.3 percent of the province's total export. In terms of imports, agricultural products and food saw the fastest growth.
 Sichuan-Pilot Free Trade Zone in Chengdu
A railway container center in the Sichuan-Pilot Free Trade Zone in Chengdu. (Photo/Xinhua)
Sichuan has seen a major rise in its foreign trade with central and eastern European countries due to the more frequent China-Europe rail service since the COVID-19 outbreak. The province's trade with countries along the Belt and Road also rose 37.7 percent year-on-year.
China has rolled out a string of policies to help foreign trade firms resume operation amid further containment of COVID-19 at home.
The firms have been advancing work and production resumption in an orderly manner, with more than 76 percent of key firms in the sector having recovered over 70 percent of their production capacity as of April 9, according to the Ministry of Commerce.

CDHT Tops China’s Hi-tech Zones in Total Imports

In the first three quarters of this year, the CDHT Comprehensive Boned Zone realized a total foreign trade volume of RMB273.9 billion.

Nov 20, 2019

City’s Foreign Trade Volume of Jan-Nov Exceeds RMB500 bln

Chengdu’s foreign trade volume grows 17.2% in this year’s first 11 months.

Dec 18, 2019

City’s Foreign Trade Volume Reaches RMB580 Bln in 2019

Chengdu’s foreign trade volume grew 16.9% over a year ago.

Jan 20, 2020

Chengdu Customs Launches Policies to Promote Foreign Trade Growth

Chengdu Customs adopted 22 policies to help local foreign trade businesses overcome various obstacles and difficulties caused by the COVID-19 epidemic.

Mar 05, 2020

Chengdu Sees 13.1% Growth in Foreign Trade in Jan-Feb

According to the latest statistics released on March 11 by Chengdu Customs, the city realized a total foreign trade volume of RMB86.72 billion in this year’s first two months, rising 13.1% from the same period of a year ago.

Mar 13, 2020

Share to WeChat Close
Scan via WeChat!

About Us | Privacy Policy | Terms of Use | Link to Us | Contact Us

蜀ICP备14024942号-1 Go成都 www.gochengdu.cn