The growth rate is the highest in the province! In the first three quarters, the total value of our foreign trade import and export was 14.51 billion yuan

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• Trade News

  Foreign Trade and Foreign Investment Facilitation Article 12

  Foreign Trade and Foreign Investment Meet “12 Facilitation Rules”. Benefit more than 95% of cross-border e-commerce enterprise customers of payment institutions, save more than 50% of the preparation and review time of enterprise documents, and facilitate the use of capital by non-investment foreign-invested enterprises. Recently, the State Administration of Foreign Exchange issued a notice on further promoting the facilitation of cross-border trade and investment. The new changes brought about by the 12 measures have aroused widespread concern. Experts pointed out that the 12 measures to facilitate cross-border trade and investment introduced this time will further facilitate market participants to handle foreign exchange business and provide strong support for stabilizing foreign trade and foreign investment.Banks and enterprises have more autonomy “On the basis of full investigation and preliminary experiments, SAFE has studied and launched 12 policies and measures to facilitate cross-border trade and investment. It has made great efforts to improve the level of foreign exchange management services for the real economy and promote trade and investment facilitation and high-quality economic development.” Talking about the “Circular” released this time, Wang Chunying,…

  November 9, 2019

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• Trade News

  Nantong Rugao Economy: Rugao City Realizes Foreign Trade Import and Export 18.29 Billion Yuan from January to September

  Rugao city achieved 18.29 billion yuan in foreign trade import and export from January to September. From January to September, Rugao realized foreign trade import and export of 18.29 billion yuan, an increase of 1.9% over the same period last year, accounting for 9.8% of Nantong’s total import and export value. Among them, exports reached 15.16 billion yuan, up 3.6%, accounting for 12.1% of Nantong’s total export value. The export scale ranked among the top three in Nantong’s counties and cities. From January to September, the city’s import and export by general trade was 13.14 billion yuan, down 3.3%, accounting for 71.9% of Rugao’s total import and export value in the same period. Among them, the general trade export was 11.48 billion yuan, the same as last year. Imports and exports through processing trade totaled 4.24 billion yuan, up 7.7%. During the same period, the import and export trade volume of bonded warehouses reached 890 million yuan, up 1.3 times. Imports and exports to the EU and Japan reached 4.56 billion yuan and 2.18 billion yuan respectively, up 23.2% and…

  November 9, 2019

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• Trade Chances

  Hunan’s Total Import and Export Value in the First Three Quarters Grows 50.4% Year-on-Year

  How big can business be with one hair? Five years ago, Wang Jinhua said that he would be satisfied if he could sell 500,000 yuan a year. In the first half of this year, his Hunan Shaoyang Yuantai Industrial Company exported 19 million US dollars of hair products. “60% of the wigs worn by African friends come from Shaoyang!” Thai is a microcosm. In a short span of four or five years, the number of enterprises with export performance in Hunan has grown from less than 1,000 to nearly 6,000. The river is full of water. According to Changsha Customs statistics, in the first three quarters, Hunan’s total import and export value was 313.41 billion yuan, up 50.4% over the same period last year. On the basis of two consecutive years of high growth in 2017 and 2018, Hunan’s import and export value increased rapidly. Why does import and export rise in Hunan, an inland province that does not border or coast? There are “nannies” in the park. Enterprises Break Shell Wang jinhua’s fortune benefited from a series of measures…

  November 9, 2019

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• Trade Chances

  Foreign trade formats and market structure were continuously optimized: the import and export in the first three quarters was 185.94 billion RMB

  Recently, the reporter learned from Nantong Customs that in the first three quarters, our city’s total foreign trade import and export value was 185.94 billion yuan, ranking fourth in Jiangsu Province, accounting for 5.8% of the province’s total import and export value. Among them, exports totaled 125.38 billion yuan, up 1.5%. Behind the data, there is a feature of continuous optimization of foreign trade formats and market structure. Data show that in the first three months, the general trade toughness with relatively higher added value and more self-development ability was further revealed, with imports and exports reaching 133.3 billion yuan, accounting for 71.7% of the total value of imports and exports. Emerging trade formats such as market procurement and cross-border e-commerce continued to grow steadily. Judging from the market structure, the process of diversification of trading partners continues to advance. The biggest bright spot is the obvious growth trend towards ASEAN and the countries along the “the belt and road initiative”, with import and export of 25.53 billion yuan and 59.14 billion yuan respectively, up 5.6% and 7.3% respectively, both…

  November 9, 2019

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• Trade News

  The State Council has made another move: to stabilize foreign trade, optimize foreign exchange management and facilitate cross-border trade and investment

  China’s regular session will stabilize foreign trade three times this year! The executive meeting of the State Council held on the 23rd arranged to do a better job of stabilizing foreign trade and promote quality improvement in import and export. At the same time, in order to do a good job of foreign trade and investment, the national regular meeting also decided to optimize foreign exchange management and promote cross-border trade and investment facilitation of 12 measures. Key measures include: 1, to further improve the export tax rebate, trade financing, credit insurance and other policies 2. Promote the construction of a high-standard FTZ network 3, foster new forms of foreign trade 4. Increase the import of agricultural products, daily consumer goods and equipment, spare parts, etc. to meet domestic demand 5, allowing non-investment foreign-invested enterprises to carry out domestic equity investment with capital. 6, expand the trade and foreign exchange revenue and expenditure facilitation pilot Measures to Stabilize Foreign Trade Continue to Increase Since this year, the executive meeting of the State Council has made three arrangements for stabilizing foreign…

  November 9, 2019

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• Trade News

  First 10 months, China’s foreign trade and import increased by 2.4%, EU remained China’s largest trading partner

  The day before yesterday in the morning, China’s General Administration of Customs announced the import and export of China’s foreign trade in the first ten months. In the first 10 months of this year, China’s total import and export value of goods was 25.63 trillion yuan, up 2.4% from the same period last year. Among them, exports reached 13.99 trillion yuan, up 4.9%. Imports were 11.64 trillion yuan, down 0.4%. The trade surplus was 2.35 trillion yuan, up 42.3%. In dollar terms, the total value of China’s imports and exports in the first 10 months was US$ 3.74 trillion, down 2.5%. Of this total, exports reached US$ 2.04 trillion, down 0.2%. Imports reached US$ 1.7 trillion, down 5.1%. The trade surplus was 340.29 billion US dollars, up 34.9%. Looking only at October, China’s total import and export value was 2.71 trillion yuan, down 0.5%. Among them, exports reached 1.51 trillion yuan, up 2.1%. Imports were 1.2 trillion yuan, down 3.5%. The trade surplus was 301.28 billion yuan, up 33%. Measured in US dollars, China’s total import and export value in…

  November 9, 2019

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• Trade Chances

  In the first three quarters, Foshan’s import and export reached 362.6 billion yuan, with private enterprises contributing more than 60% of its total foreign trade

  On the 25th. October 2019, the reporter learned from Foshan Customs that in the first three quarters of this year, Foshan’s total foreign trade import and export value was 362.6 billion yuan, up 4.8% from the same period last year. Among them, the total value of Foshan’s foreign trade in September was 44.48 billion yuan, up 21.5%. From the perspective of foreign trade formats, the general trade toughness has further shown, and emerging trade formats have increased significantly. In the first three quarters, Foshan imported and exported 1936.33 billion yuan in general trade, up 6%, accounting for 53.4% of Foshan’s total foreign trade value in the same period. It is noteworthy that new trade formats are developing rapidly, with imports and exports of 5.02 billion yuan through cross-border e-commerce trade, up 88.5%. Private enterprises are still the main force in Foshan’s foreign trade. In the first three quarters of foreign trade import and export, the proportion of private enterprises further expanded, and the endogenous power continuously increased. Data show that from January to September, the import and export of private…

  November 9, 2019

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• Trade News

  Creating a Good Market Environment and Stabilizing Foreign Trade with Various Measures

  Guangzhou Daily News recently, Governor Ma Xingrui went to the 126th Canton Fair to investigate and hold a symposium on foreign trade enterprises, to thoroughly implement the decision-making arrangements of the Party Central Committee and the State Council and the “six stability” work requirements, to understand the current situation of enterprises’ import and export trade, to promote the steady growth of foreign trade, and to improve the level of open economic development. Ma Xingrui listened in detail to the opinions and suggestions reflected by representatives of 16 enterprises including Foxconn Group, Shenzhen Meirui Biomedical, Zhuo Zhi Cross-border E-commerce Supply Chain, Provincial Silk Textile Group, Cross-sea Global E-commerce Supply Chain, Chow Tai Fook Jewelry and Gold Company, Dongguan Youyou Meiju Home and other relevant situation reports from Guangzhou, Shenzhen and Dongguan. He participated in discussions from time to time and studied on-site to solve the difficulties and problems encountered in enterprise development. He stressed that it is necessary to carefully analyze and judge the international economic situation, actively deal with the impact of changes in the external environment, study and formulate…

  November 9, 2019

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• Trade News

  Good Response, Fast Train and Innovation —— Looking at Anhui Private Foreign Trade to Improve Quality and Increase Efficiency

  Xinhua News Agency, Hefei, October 30-Good Coping, Fast Train, Innovation-Looking at Anhui’s Private Foreign Trade to Improve Quality and Increase Efficiency Xinhua News Agency reporters Wang Ona and Wang Fei The latest statistics from the Anhui Provincial Department of Commerce show that from January to September this year, private enterprises in Anhui Province realized an import and export of 24.96 billion US dollars, accounting for nearly 50% of the province’s total import and export value, up 28.5% year-on-year, of which 17.63 billion US dollars were exported, up 25.3% year-on-year. Thanks to many government escort measures and the innovation and upgrading of enterprises themselves, Anhui’s private foreign trade has handed over a report card that is fast and steady, and is becoming a “new force” in the high-quality development of foreign trade. Sail with the wind and take advantage of the wind to actively cope with the changing market. Behind the steady growth is the keen grasp of the market and the flexible adjustment of private foreign trade enterprises. “With the recognition of traditional Chinese medicine abroad getting higher and higher,…

  November 9, 2019

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• Trade News

  In the first three quarters, imports and exports increased by nearly 30% year-on-year, and the potential for development was constantly emerging

  Hainan’s Foreign Trade Continues to Stabilize and Improve Quality Core tips Hainan’s economic “report card” for the first three quarters of 2019 was released on October 23, and “overall stability, stability and progress” became the keynote of Hainan’s economic development in the first three quarters. It is worth mentioning that Hainan’s foreign trade delivered a brilliant “answer sheet” in the same period-driven by the construction boom of Hainan’s free trade zone and free trade port, Hainan’s total import and export value reached 100 million yuan in the first three quarters, up nearly 30% from the same period of last year (the same below). ASEAN, the United States and the European Union are the top three trading partners of Hainan province. The trend of improving quality while maintaining stability in foreign trade has been continuously consolidated, and the development potential has been continuously revealed. Foreign trade is playing a more fundamental and supporting role in stabilizing growth. Import Growth Power Shift Upgrade Imports of Consumer Goods Grow Rapidly What kind of experience is it when you meet something you want to…

  November 9, 2019

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