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    Exports Of Textiles, Footwear And Other Products In Zhejiang Have Maintained Rapid Growth.

    2011/12/9 15:01:00 13

    Exports Of Textile And Footwear Products In Zhejiang Have Maintained Rapid Growth.

    Affected by the economic downturn in Europe and the United States, Zhejiang has imported and exported to the US and Europe since 2011.

    Total growth rate

    The body is in a sustained slowdown.

    In the first 10 months, Zhejiang's imports and exports to the EU and the United States were 55 billion 830 million US dollars and 34 billion 910 million US dollars respectively, up 18.4% and 16.8% respectively from the same period last year, all significantly lower than the average import and export growth rate of the whole province.


    Surprisingly, the main reason for the decline in export growth in Zhejiang is not the traditional exports of clothing, shoes and socks.

    Customs statistics show that since 2011, Zhejiang has traditionally exported "fist products" textile yarns, fabrics and products.

    footwear

    And so on, and maintained a rapid growth, higher than the average growth rate of the whole province, while the export of mechanical and electrical products grew slowly during the same period.

    In the first 10 months, the export of Zhejiang's mechanical and electrical products increased by 17.2% compared with the same period last year, which is lower than the average growth rate of the province's exports by 3.9 percentage points.


    The slow growth of foreign-invested enterprises and state-owned enterprises is also a reason for the slowdown in Zhejiang's foreign trade.

    Zhejiang Province in the first 10 months

    privately operated

    Compared with the growth rate of imports and exports in Zhejiang, the foreign investment enterprises in the same period increased 89 billion 400 million US dollars in imports and exports, an increase of 18.4% over the same period last year, which is lower than the average growth rate of the province's imports and exports by 5.2 percentage points, and the import and export of state-owned enterprises by US $25 billion 840 million, up 20.1% from the same period last year, which is lower than the 3.5 increase in the average import and export growth rate of the whole province.

    Affected by the slow growth of foreign trade in foreign investment enterprises, the proportion of processing trade in foreign trade also dropped to its lowest level in 20 years.


    According to statistics, in the first 10 months of 2011, Zhejiang achieved a total import and export value of US $254 billion 800 million, which has exceeded 2010's year-on-year level, an increase of 23.6% over the previous year, and the growth rate is higher than that of Guangdong, Jiangsu and Shanghai.

    Among them, exports of $178 billion 590 million, continue to list in Guangdong and Jiangsu in the third place; imports $76 billion 210 million, more than last year's import scale.

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