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Quanzhou Footwear And Other Products Have Good Trade With ASEAN.

2010/10/6 8:10:00 44

Zero Tariff Trade And Investment

October 6th, with China and ASEAN ten countries entering "

Zero tariff

"In this era, the economic and trade exchanges between our city and ASEAN have ushered in new opportunities.

Trade

The scale is expanding.


According to customs statistics, Quanzhou entered into trade with ASEAN from January to August this year.

Exit

The total volume, total import volume and total export volume of the three indicators all showed a significant increase of two figures, with a trade volume of US $911 million, an increase of 64.4% over the same period last year, 728 million US dollars from ASEAN, 183 million US dollars for ASEAN and 545 million US dollars for ASEAN trade surplus.


Among the Quanzhou enterprises that are trading with ASEAN, private enterprises and foreign investment enterprises dominate ASEAN trade.

In the first eight months, private enterprises and foreign-invested enterprises increased 95.8% and 39.9% respectively for ASEAN's imports and exports of 468 million dollars and 364 million dollars, accounting for 91.3% of the total volume of bilateral trade between Quanzhou and ASEAN in the same period.


Philippines, Malaysia and Indonesia are the top three ASEAN trade partners.

By 2015, trade liberalization between China and Vietnam, Laos, Burma, Kampuchea and other 4 ASEAN members will also reach the same level.

In the future, trade between Quanzhou and ASEAN member countries will go further.


According to the introduction, our city and ASEAN have strong complementarity in resource composition and industrial structure. ASEAN's agricultural products, mineral products, raw materials and other resource products are needed by Quanzhou. Our city's textile, clothing, shoes, food, electromechanical products and other products have a relatively complete industrial base, high performance price ratio and comparative advantages.


This complementarity is fully reflected in the import and export trade commodities. From January to August this year, the import and export trade with ASEAN was dominated by agricultural products and textiles.

Among them, the export of textiles to ASEAN (including clothing and textile yarns) was US $246 million, an increase of 144% over the same period last year.

Trade is dominated by general trade, followed by processing trade.

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