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In the first quarter, Chongqing’s growth in total value of EU and ASEAN’s foreign trade exceeded 30%.

April 15, 2019 22:50
source: China News Network

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Chongqing Customs released the foreign trade data of Chongqing in the first quarter of 2019 on the 15th. According to statistics from Chongqing Customs, Chongqing’s foreign trade continued to maintain rapid growth in the first quarter.import and exportThe total value was 131.53 billion yuan (RMB, the same below), an increase of 21.9% over the same period last year (the same below).

In the first quarter, Chongqing's exports were 86.52 billion yuan, up 25.1%; imports were 45.01 billion yuan, up 16.2%. In addition to the continuous growth of processing trade, the growth of the total value of EU and ASEAN foreign trade, the growth of open platforms such as customs special supervision areas and bonded logistics centers (Type B) have become the main driving force for the sustained growth of Chongqing's foreign trade.

In the first quarter, Chongqing's processing trade import and export reached 63.33 billion yuan, an increase of 24%, accounting for 48.1% of the total foreign trade value in the same period; general trade import and export 47.95 billion yuan, an increase of 11.5%, accounting for 36.5%; bonded logistics import and export of 19.9 billion yuan, growth 49.6%, accounting for 15.1%.

In terms of trade targets, the total value of Chongqing's foreign trade with the EU and ASEAN increased significantly in the first quarter. In the first quarter, Chongqing's import and export to the EU was 29.17 billion yuan, up 34.6%; the import and export of ASEAN was 24.52 billion yuan, up 48.2%; the total import and export of countries along the “Belt and Road” was 36.11 billion yuan, up 34.6%.

In terms of market players, the volume of import and export of Chongqing's foreign-invested enterprises and private enterprises in the first quarter increased significantly, up 24.3% and 26.3% respectively.

It is worth mentioning that the contribution rate of the open platform to Chongqing's import and export growth is nearly 90%. In the first quarter, the import and export of Chongqing Customs Special Supervision Area and Bonded Logistics Center (Type B) reached 81.68 billion yuan, an increase of 33.6%, accounting for 62.1% of Chongqing's total foreign trade value during the same period. The proportion increased by 5.4 percentage points, contributing to the growth of import and export. Up to 86.9%. (Finish)

(Article source: China News Network)

                (Editor: DF512)

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