The foreign trade in Huai’an has maintained a stable and upward trend since the beginning of this year.
According to figures of the first 10 months of this year released by Huai'an Customs, the city has recorded a foreign trade import and export value of 24.98 billion yuan (3.67 billion US dollars), a year-on-year growth of 36.6 percent, taking the second place in growth rate among cities in Jiangsu province, which covered an export value of 16.83 billion yuan, a rise of 19.5 percent, and an import value of 8.15 billion yuan, an increase of 93.7 percent.
As for the mode of trade in the same period, Huai’an has realized the general trade import and export growth of 34.5 percent and the processing trade import and export rise of 47.2 percent. As for the import and export product types, the import and export of its traditionally superior products in mechanical and electrical as well as textile and clothing sectors has maintained stable growth trend. As for the enterprise nature, the import and export of foreign investment enterprises has reached 12.11 billion yuan, an increase of 5.1 percent, and that of private enterprises has hit 12.39 billion yuan, an increase of 94.9 percent, showing a fast growing trend.