Exports Of Textiles And Clothing At Ningbo Port In Jiangsu Amounted To Nearly Ten Billion US Dollars.

2008/8/18 15:12:00 24

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Ningbo customs statistics showed that the total export volume of textiles and clothing at Ningbo port in 1 / July was US $9 billion 921 million, an increase of 29% over the same period last year (the same below).

Trade volume reached 1 billion 856 million US dollars in July, a record high in the past month.

Textile exports amounted to US $6 billion 99 million, an increase of 40.8%; clothing exports amounted to US $3 billion 822 million, an increase of 13.7%.

Private enterprises and foreign-invested enterprises are the main export force, with export volume of 5 billion 171 million US dollars and US $2 billion 643 million respectively, increasing by 44.4% and 27.7% respectively, together with two accounting for 78.8% of the total export value.

Under the general trade mode, the total export volume was 8 billion 885 million US dollars, an increase of 29.2%, accounting for 89.6% of the total export value.

The products were mainly exported to the European Union ($2 billion 387 million, an increase of 47.3%), the United Arab Emirates (771 million US dollars, an increase of 18.5%), and the United States (754 million US dollars, 13.8%), and three together accounted for 39.4% of the total value of exports.

It is noteworthy that the Ministry of Finance and the State Administration of Taxation issued a notice recently announcing that since August 1, 2008, the export tax rebate rate of some textiles and clothing has increased from 11% to 13%. This policy adjustment will promote the export of textiles and clothing to a certain extent.