Trade News

  • The State Council Standing Committee Deploys Four Measures

    Xinhua News Agency, Beijing, October 23 (Reporter Yu Jiaxin)-The executive meeting of the State Council held on the 23rd made arrangements for further stabilizing foreign trade and proposed four measures to promote stable import and export while improving quality. The meeting pointed out that since the beginning of this year, all localities and relevant departments have actively responded to changes in the external environment, have done a solid job in stabilizing foreign trade, and the overall operation of foreign trade has been stable. Customs data show that in the first three quarters of this year, China’s total foreign trade import and export value was 22.91 trillion yuan, an increase of 2.8% over the same period last year, continuing the overall steady development trend of improving quality while maintaining stability, and showing strong resilience in the face of domestic and foreign challenges.China attaches great importance to stabilizing foreign trade. Since last year, the measures to stabilize foreign trade have achieved good results. The executive meeting of the State Council in July this year clearly defined measures to further stabilize foreign trade,…

    November 9, 2019
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  • In the first three quarters of 2019, Chaozhou realized foreign trade import and export of 16.17 billion yuan, up 7% year on year

    Today, the reporter learned from Chaozhou Customs that in the first three quarters of 2019, the import and export of Chaozhou City was 16.17 billion yuan, up 7% from the same period last year (the same below), and the growth rate was higher than that of the whole country and Guangdong Province in the same period. Of this, 13.64 billion yuan was exported and 2.53 billion yuan was imported. “Chaozhou will mainly import and export in the first three quarters of 2019 through general trade.” Hao Feng, chief of Chaozhou Customs Statistics Department, said that in the first three quarters of 2019, Chaozhou enterprises imported and exported 14.82 billion yuan in general trade, up 9.2%, accounting for 91.7% of the total import and export value of Chaozhou in the same period (the same below), up 1.9 percentage points from the same period last year. At the same time, the foreign trade performance of private enterprises is even more outstanding. In the first three quarters, the import and export of private enterprises in Chaozhou was 12.96 billion yuan, up 10.4%, accounting…

    November 9, 2019
    7360
  • Imports and exports in the first three quarters increased nearly 30% year on year, while Hainan’s foreign trade improved steadily

    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 has 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 66.93 billion 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 buy with both goods and discounts? “Excitement!” On October 22,…

    November 9, 2019
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  • 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
    6480
  • 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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  • 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
    7260
  • In the first three quarters, Gansu’s foreign trade import and export totaled 27.71 billion yuan

    In September, the total value of imports and exports rose 17.1% month on month. China’s Gansu net on October 27-according to a report by Gansu daily (reporter Yan cunyi), recently, the reporter learned from a press conference held by Lanzhou customs that in the first three quarters of this year, the total value of Gansu province’s foreign trade imports and exports was 27.71 billion yuan, of which the total value of exports was 9.6 billion yuan and the total value of imports was 18.11 billion yuan. In September alone, Gansu’s total foreign trade import and export value was 3.08 billion yuan, up 17.1% from the previous month. In the first three quarters, our province’s foreign trade imports and exports showed the following characteristics: ASEAN Becomes Gansu Province’s Second Largest Trade Partner. In the first three quarters, ASEAN became the second largest trading partner of Gansu Province for the first time. The total value of trade between Gansu Province and ASEAN was 2.93 billion yuan, up 37.8%, accounting for 10.6% of the province’s total foreign trade value. Kazakhstan and Mongolia are…

    November 9, 2019
    8250
  • 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
    7380
  • In the first three quarters, Tibet’s foreign trade increased strongly in Xigaze

    China’s Tibet News reporter learned from Lhasa Customs that the total value of Tibet Autonomous Region’s foreign trade imports and exports in the first three quarters of 2019 was 3.061 billion yuan. Among them, the total value of foreign trade import and export in Xigaze City of Tibet Autonomous Region was 312 million yuan, accounting for 10.2% of the total value of import and export in the whole region during the same period. It was 2.4 times higher than that in Lhasa, ranking first among the seven cities (regions) in Tibet Autonomous Region. The picture shows the first freight vehicle passing through China-Nepal Friendship Bridge on May 29, 2019. The picture shows Nieramu Customs officers on duty at the joint inspection site at the port. According to the person-in-charge of the Lhasa Customs Integrated Services Office, in the first three quarters, there were three bright spots in Xigaze’s foreign trade. First, the total value of trade between border residents in the city was 159 million yuan, up 2.9 times. Small border trade amounted to 149 million yuan, an increase of…

    November 9, 2019
    6810
  • Attention please! Since November, there are new rules on the weight appraisal policy for imported bulk commodities

    From Shantou Customs, according to the announcement of the General Administration of Customs, starting from November 1, the customs will adjust the import of bulk commodities from batch-by-batch weight identification to enterprise application. The consignee or agent of imported bulk commodities shall truthfully declare the weight to the customs, which shall conduct spot checks and verification of the declaration. Guangdong Yuedian Jinghai Power Generation Co., Ltd. Imported Coal to Port for Unloading According to relevant officials of Shantou Customs, bulk commodities mainly include three categories, namely energy commodities, basic raw materials and agricultural and sideline products, such as crude oil, non-ferrous metals, soybeans, iron ore, coal, etc. The optimization of the supervision method for bulk commodity weight appraisal is an important measure taken by the General Administration of Customs to thoroughly implement the reform requirements of the State Council on “releasing management services”, further optimize the business environment at ports and improve the level of trade facilitation. Shantou Customs reminds foreign trade enterprises in the customs area (including Shantou, Chaozhou, Jieyang, Shanwei and Meizhou) that since the date of the…

    November 9, 2019
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