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    Wenzhou'S Foreign Trade Is Growing Rapidly.

    2008/1/12 0:00:00 10356

    Foreign Trade

    Wenzhou's foreign trade exports exceeded the US $ten billion mark for the first time to achieve a historic leap.

    According to the statistics issued by Wenzhou customs yesterday, our foreign trade continued to grow rapidly on the basis of the rapid growth in recent years. Last year, the total export volume reached 10 billion 148 million US dollars.

    Last year, our city's foreign trade brought into full play the institutional advantages of the developed private economy and the growth advantages of small and medium-sized enterprises. It overcame the adverse effects of the EU's anti-dumping duties on China's leather shoes export and the CR regulations, and exports maintained a relatively fast growth momentum.

    According to statistics, the total import and export volume of foreign trade reached 12 billion 248 million US dollars in 2007, an increase of 23.8% over the same period last year.

    Among them, exports grew by 25.6%, and imports of US $2 billion 100 million increased by 15.8%.

    The trade surplus reached US $8 billion 48 million.

    It is understood that in order to adapt to the new changes in the international economic situation, Wenzhou's foreign trade enterprises timely adjust their business strategy, and adopt various ways to explore the international market according to the characteristics and trade habits of different markets.

    For example, the import and export volume of our emerging markets such as Russia, ASEAN and the United Arab Emirates has already created a gratifying situation, and its growth rate is far higher than that of Wenzhou's foreign trade export in the same period.

    "In the face of many unfavorable factors, under the benign guidance of the government, our city enterprises not only actively expand overseas emerging markets, but also create brand awareness and enhance the technological content of export commodities."

    Wang Gailuo, director of the Department of foreign trade and economic cooperation of the Municipal Bureau of foreign trade and economic cooperation, said that at present, the commodity export of our city has expanded to 204 countries and regions.

    The diversification of export market reflects the strong market adaptability of our export commodities.

    It is gratifying to note that our traditional export commodities such as shoes and clothing still have the advantage. The export of electromechanical products has been growing steadily, and the export of high-tech products has increased rapidly.

    According to statistics, the export of high-tech products was 365 million US dollars, an increase of 57%.

    At the same time, the municipal government has intensified the efforts of organizing enterprises to "go out" to participate in the exhibition. It has organized enterprises to participate in more than a dozen international trade exhibitions, such as the two Canton Fair, the China Fair, the fair and so on, which has increased the share of the international market.

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