Huai'an China News and Events
The Export-Oriented Economy in Huai'an Regained Growth Momentum in June
time:2020-07-21

According to the statistics of Huai'an Customs, the total volume of imports and exports in the first half of this year reached 13.97 billion yuan including 10.45 billion yuan of exports and 3.52 billion yuan of imports. The total volume of imports and exports in June was 2.67 billion yuan, an increase of 4.2% year-on-year. The volume of export was 2.02 billion yuan, with a year-on-year growth of 1.5%, and the volume of import was 650 million yuan, with a year-on-year growth of 13.4%. June is the second month of the increase of international trade for Huai'an after February and Huai'an is also one of the three cities with double growth in Jiangsu Province.

In June, the volume of the import from and export to ASEAN and the countries along the Belt and Road reached 480 and 790 million yuan, a year-on-year increase of 21.4% and 8.2% respectively. The export of the products from six traditional labor-intensive industries such as textiles and clothing, plastic products, furniture and the parts, toys, shoes, and bags was 580 million yuan, with a year-on-year increase of 5.1%. The export of high-tech products such as mobile phone parts and printed circuits reached 270 million yuan, with a year-on-year increase of 40.8%. The export of lead-acid batteries was 130 million yuan, with a year-on-year increase of 11.9%. The import of mechanical and electrical products like integrated circuits in June was 390 million yuan, with a year-on-year increase of 34.2%.

In addition to containing the spread of COVID-19, Huai'an Customs attached equal importance to the stabilization of international trade since the beginning of this year by implementing various policies such as "Eighteen Measures for the Resumption of Work and Production", "Ten Hard Core Measures by General Administration of Customs of China", and "Twenty Hard Core Measures by Nanjing Customs". Huai'an Customs strived to promote the reforms to "streamline the government, delegate power, and improve government services", enhance trade facilitation, and further optimize the business environment. Huai'an also paid particular attention to the construction of key projects and the development of new business formats such as the cooperation of Huai'an with Kunshan, express supervision center, cross-border e-commerce research, the development of electronic information industry clusters, and export-oriented development of aquatic products.