Zhejiang Cross-Border Electricity Supplier Growth Amazing, Inspiring The Nation

According to the data released by Hangzhou customs, in the 1-10 months, the total value of imports and exports reached 1 trillion and 768 billion 60 million yuan, down 2.2% from the same period last year (8.1% in the whole country), of which 1 trillion and 406 billion 630 million yuan, 1.5% (2%), and 361 billion 430 million yuan (14.4%).

Export growth rate increased by 0.3 percentage points over the first three quarters, and imports and exports dropped by 0.4 and 0.6 percentage points respectively.

Exports of electromechanical and hi-tech products have maintained rapid growth.

Data show that in the first 10 months, Zhejiang exported electromechanical products and high-tech products to 587 billion 40 million yuan and 83 billion 620 million yuan, an increase of 3.8% and 7.7%.

In particular, high-tech products maintained a higher monthly growth rate of 18.2% and 14.4% for two consecutive months.

Customs Statistics experts believe that this shows that products with high added value category, especially the production capacity and international competitiveness of the electromechanical industry and high-tech products are being strengthened, so exports are still increasing under the condition of Global trade shrinking.

Zhejiang's exports showed a continuous growth in three months.

The continuous growth of Zhejiang makes the proportion of the total exports of the province increase further, and its contribution to the export of the whole country is increasingly prominent.

In the first 10 months,

Provincial exports accounted for 12.3% of the total exports of the country, up 0.5 percentage points from the same period last year, 0.3 percentage points higher than the first half of this year.

Against the backdrop of sustained negative growth in exports this year, the contribution of our province's exports to the country's foreign trade and exports has further increased. The first 10 months are pushing the national export growth by 0.2 percentage points.

Zhang Jianping, director of the International Cooperation Office of the Foreign Economic Research Institute of the national development and Reform Commission, believes that this point has positive implications for China's foreign trade.

Cross border electricity providers also promote the pformation of traditional trade and improve the efficiency of trade.

Therefore, the whole country will vigorously promote cross-border electricity providers in the future, so that China's foreign trade will find new growth points and new engines.

In addition, Zhejiang's exports to the EU rebounded in October, and the first four major export markets (EU, USA, ASEAN and Japan) were in full positive growth for the first time in the year.

In the same period, Zhejiang province exported 538 billion 540 million yuan to the countries along the belt and road, an increase of 0.8%.

Exports are good when crossing borders.

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In October, Zhejiang's general trade exports increased by 113 billion 100 million yuan, an increase of 3.2%, stimulating the province's export growth by 2.6 percentage points in the same month and maintaining a positive growth rate of 3 points for 2 consecutive months.

Cross border e-commerce exports have become a "new bright spot" for Zhejiang's exports.

In the first 10 months, the province's cross-border e-commerce exports amounted to 1 billion 800 million yuan, up 246 times compared with the same period last year.