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Zhejiang Import and Export Continues High Growth
2017-09-18 09:58:49

On September14, reporters learned form the Hangzhou Customs that, from January to August this year, the province's import and export value is 1669.22 billion yuan, an increase of 15.6%, accounting for 9.4% of the total. Among which, the export is 1276.9 billion yuan, an increase of 10.2%, accounting for 13.0% of the country's exports; the import is of 392.32 billion yuan, an increase of 37.3%, accounting for 4.9% of imports. Since the beginning of this year, the provincial import and export has been running high for 4 consecutive months.
According to statistics, from January to August this year, the monthly import and export value, except February affected by the Spring Festival, exceeds 200 billion yuan, with the monthly import and export scale maintaining a high run.
For import and export production, under the background of the downturn of textile and clothing export, the export of electromechanical products has become the main force driving the province's export growth. From January to August, the province's exports of mechanical and electrical products are 549.91 billion yuan, an increase of 13.2%, 3 percentage points higher than the province's growth rate, accounting for 43.1% of the province's exports, with an increase of 1.1 percentage points. In terms of imports, staple commodities continue to drive the import growth. From January to August, the import of 20 kinds of commodities, represented by primary shapes of plastics and iron ore, reaches 205.68 billion yuan, an increase of 46.5%, accounting for 60.1% of the province's total. The contribution to the province’s import growth is up to 68.5%. In addition, the import of mechanical and electrical products and high-tech products maintains rapid growth at 26.5% and 32.4% respectively, playing an important role in optimizing the import structure and promoting the province's industrial transformation and upgrading.

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