Trade Surplus Of Footwear And Other Products In The First Quarter Of Guangzhou Increased By 70% Over The Same Period Last Year.

Yesterday, reporters learned from the Guangzhou Municipal Bureau of statistics, the first quarter of Guangzhou import and export $18 billion 251 million, an increase of 15.3% over the same period last year.

The trade surplus was $661 million, an increase of 70.3% over the same period last year.

It is reported that the main reason for the trade surplus is the heavy rain and snow weather at the beginning of the year, which led to the backlog of export orders and the relative shortage of import power in the latter part of the first quarter.

In addition, the actual absorption of foreign direct investment increased by 7.9% in the first quarter.

Export growth fluctuated and imports grew steadily. According to customs statistics, Guangzhou imported and exported 18 billion 251 million US dollars in the first quarter, up 15.3% over the same period last year (the same below).

Of which, exports of US $9 billion 456 million, an increase of 16.6%, and imports of US $8 billion 795 million, an increase of 13.9%.

Export growth fluctuated and imports grew more smoothly.

Due to the influence of Spring Festival holidays and bad weather, the whole city in February was characterized by tight electricity supply, difficult pportation, insufficient start-up capacity and limited capacity to receive orders.

Exports in the first 3 months increased by 24.7%, 0.5% and 22.9% respectively, and the growth rate fluctuated more than 20 percentage points in each month.

In the first quarter, the export growth of pearls, precious stones and semi precious stones, furniture and parts, clothing and accessories and shoes in the first quarter were fluctuated greatly, but the import growth was relatively stable, and imports increased by 13.8%, 16% and 13.9% respectively.

Statistics show that in the first quarter, the trade surplus of the city was 661 million US dollars, up 70.3% from the same period last year.

The main reason for the sharp rise in the surplus is that the heavy rain and snow weather caused the backlog of export orders, and at the same time led to a relative shortage of import power in the latter part of the first quarter.

In the first quarter, the proportion of surplus accounted for 3.6% of the total import and export volume, which was lower than the provincial and national average level of 12.1 and 3.7 percentage points respectively.

The growth of export processing was further slowed down. General trade exports grew faster in the first quarter, while the growth rate of processing trade exports slowed down.

General trade exports amounted to 4 billion 163 million US dollars, an increase of 20%, accounting for 44% of the total export volume of the city, an increase of 3.4 percentage points higher than the average export level of the whole city.

The export volume of processing trade was 4 billion 956 million US dollars, an increase of 10.7%, and its growth rate was 9.3 percentage points lower than that of general trade.

Among them, the growth of export processing further slowed down, exports 1 billion 288 million US dollars, an increase of 0.9%, the growth rate dropped 11.4 percentage points year-on-year, exports of processed materials maintained a relatively fast development, exports 3 billion 668 million US dollars, an increase of 14.7%.

The total value of foreign trade and import in Guangzhou ranks sixth in the major cities in China.

The actual use of foreign capital increased steadily. According to the Ministry of Commerce statistics, 243 newly established foreign direct investment enterprises in the first quarter, contracted foreign capital of 1 billion 628 million US dollars, grew by 9.3%, and the actual use of foreign capital amounted to US $647 million, an increase of 7.9%.

In the first quarter, the scale of foreign investment in the city expanded and the driving effect of big projects was obvious.

The average contractual foreign investment of foreign direct investment projects is US $6 million 700 thousand, an increase of US $970 thousand over the same period last year.

The total amount of investment approved by US $10 million or more is 59 (33 of which are newly approved, 26 of which are added), involving 1 billion 382 million US dollars in contractual foreign investment, an increase of 18%, accounting for 84.9% of the contracted foreign capital in the city.

The average project contract foreign capital approved for large projects is US $23 million 420 thousand, which is the main driving force for the growth of contractual foreign capital in the whole city.

In addition, the pace of attracting foreign investment in the service industry continues to accelerate, and the "double drop" in the manufacturing industry has attracted investment.

The service industry achieved a contract foreign capital of 890 million US dollars, an increase of 33.4%, and the actual use of foreign capital amounted to US $453 million, an increase of 11.5%.

Among them, the real estate industry contracted foreign capital of 471 million US dollars, an increase of 42%, and the actual use of foreign capital amounted to US $357 million, an increase of 10.4%.

In the modern service industry, there are more than 1 times the growth rate of contractual foreign capital in information pmission, computer services and software industry. Wholesale and retail businesses, accommodation and catering industry have increased 1.7 times, 1.5 times and 1.4 times respectively. The industries that use foreign capital to grow more than 1 times have accommodation and catering industry, and scientific research, technical services and geological prospecting industry.

The contracted foreign capital of manufacturing industry was 723 million US dollars, a decrease of 9.9%, and the actual use of foreign capital was US $188 million, a decrease of 0.7%.