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My Favorite China's Brands
Trade

East China's Zhejiang sees robust foreign trade in Jan.-April

May 12, 2022


Abstract : The foreign trade value of eastern China's Zhejiang Province rose 19.3 percent year on year to 1.43 trillion yuan (about 212.5 billion U.S. dollars) in the first four months of this year, according to Hangzhou Customs on Wednesday.

Aerial photo taken on July 13, 2021 shows a container terminal in Jiaxing, east China's Zhejiang Province. (Photo by Long Wei/Xinhua)

HANGZHOU, May 11 (Xinhua) -- The foreign trade value of eastern China's Zhejiang Province rose 19.3 percent year on year to 1.43 trillion yuan (about 212.5 billion U.S. dollars) in the first four months of this year, according to Hangzhou Customs on Wednesday.

Of the total, exports exceeded one trillion yuan, up 23 percent year on year, while imports grew by 10 percent to 381.6 billion yuan.

Statistics show that since March 2020, Zhejiang's foreign trade has maintained year-on-year growth for 26 consecutive months.

From January to April, Zhejiang's foreign trade with the top three trading partners, the European Union, the United States and the Association of Southeast Asian Nations, registered an increase of 24.1 percent, 25.6 percent and 15.9 percent respectively, accounting for 45 percent of the province's total.

Meanwhile, the province's imports and exports to the markets of Belt and Road countries and member countries under the Regional Comprehensive Economic Partnership rose by 24.2 percent and 10.5 percent, respectively.

In the first four months, there were 82,000 enterprises engaging in foreign trade business in Zhejiang, an increase of 6.5 percent from the same period in the previous year. The foreign trade value of private enterprises in the province reached 1.1 trillion yuan during the period, an increase of 24 percent year on year and accounting for 77 percent of the province's total.

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Keyword: Zhejiang foreign trade

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