CFIC Introduction
Recently, the first quarter of the Yangtze River Delta foreign trade "report card" announced: according to Shanghai customs data, in the first quarter of this year, the total import and export value of foreign trade in the Yangtze River Delta region reached 3.73 trillion yuan, a record high, a year-on-year increase of 5.6%, accounting for 36.6% of the country's total import and export value.
Original title: In the first quarter, the Yangtze River Delta foreign trade performance hit a new high, and private enterprises became the "main force" Recently, the first quarter of the Yangtze River Delta foreign trade "report card" was announced: according to Shanghai Customs data, in the first quarter of this year, the total import and export value of foreign trade in the Yangtze River Delta region reached 3.73 trillion yuan, a record high, a year-on-year increase of 5.6%, accounting for 36.6% of the country's total import and export value. Shanghai Securities News reporter combed and found that in the first quarter of this year, the total import and export value of foreign trade in many places in the Yangtze River Delta hit a record high, and at the same time, private enterprises have increasingly become the "main force" of foreign trade growth in the Yangtze River Delta. Zhan Yubo, a researcher at the Institute of Economics of the Shanghai Academy of Social Sciences, said in an interview with this reporter that in terms of total volume, the growth rate of total imports and exports in the Yangtze River Delta in the first quarter was higher than the national level, making an important contribution to the "good start" of the country's foreign trade; structurally, capital-intensive and technology-intensive products increased by a large number and accounted for a high proportion, and the new quality productive forces played an important role in promoting the "increase in quality and quantity" of trade; from the perspective of private enterprises, private foreign trade enterprises generally faced rising costs and reduced orders last year. At the beginning of this year, we were able to get rid of the above predicament and become the main force in creating a "good start" in foreign trade, which will help restore the confidence of private investment, stimulate the vitality of market operators, and improve future economic expectations. The foreign trade performance of many places in the Yangtze River Delta reached a new high, and the foreign trade performance of the Yangtze River Delta in the first quarter reached a new high. Not only that, in the first quarter of this year, the total import and export value of foreign trade in many places in the Yangtze River Delta reached the highest level in the same period in history. In the first quarter of this year, Jiangsu Province's foreign trade continued the year-on-year growth trend in the fourth quarter of last year, achieving a total import and export value of 1.3 trillion yuan, a record high. The total import and export value of Zhejiang Province was 1.21 trillion yuan, a year-on-year increase of 7.8%, of which exports were 874.63 billion yuan, a year-on-year increase of 6.6%, and imports were 331.88 billion yuan, a year-on-year increase of 11.3%. The scale of import and export, export and import hit a new high in the same period in history, and the growth rate was the highest in the past six quarters. In the first quarter, the total import and export value of Anhui's trade in goods hit a record high of 189.08 billion yuan, a year-on-year increase of 8.6%. Among them, Hefei achieved a total import and export volume of 81.26 billion yuan, a year-on-year increase of 12.6%, of which the import and export growth rate and export growth rate ranked first among the nine cities with a GDP of more than one trillion yuan in the Yangtze River Delta. Private enterprises have become the "main force" of foreign trade growth Recently, in the intelligent production workshop of Jiangsu Alumeg New Materials Co., Ltd., nearly 100 volumes of the company's fist product - A2 grade fireproof core roll finished products are waiting to be loaded, and will go to all over the world through Shanghai Port. "Since the beginning of this year, our orders in the domestic and foreign markets have surged, and the orders in hand in the first three months have been close to the level of last year. The relevant person in charge of the company told reporters. The realization of a "good start" in foreign trade is the general feeling of private enterprises in the Yangtze River Delta region. Data show that in the first quarter, the import and export of private enterprises in the Yangtze River Delta was 1.98 trillion yuan, accounting for more than half of the total import and export value of foreign trade in the Yangtze River Delta region. Looking at the Yangtze River Delta, private enterprises around the country have become the "main force" of foreign trade growth in the first quarter: the import and export of private enterprises in Jiangsu Province in the first quarter was 598.82 billion yuan, an increase of 20.7%, driving the province's import and export growth rate by 8.6 percentage points, becoming the main force of growth; the import and export of private enterprises in Zhejiang Province rose steadily, and the import and export of private enterprises in the province was 968.15 billion yuan, an increase of 9.0%, accounting for 0.8 percentage points to 80.2% of the province's foreign trade; The import and export of private enterprises in Anhui Province maintained double-digit growth, of which the import and export of private enterprises in Hefei reached 41.29 billion yuan, an increase of 28.5%, accounting for 50.8% of the city's total, an increase of 6.3 percentage points over the same period last year. Yuan Shuai, deputy secretary-general of the Zhongguancun Internet of Things Industry Alliance, told reporters that the enhancement of the vitality of the private economy reflects the positive results of the policies of optimizing the business environment and supporting the development of private enterprises in the Yangtze River Delta region. With the in-depth promotion of the integrated development strategy of the Yangtze River Delta and the continuous optimization of the business environment, the vitality of the private economy in the field of foreign trade will be further released, injecting more impetus into the development of foreign trade in the Yangtze River Delta region. Recently, the first domestic car carrier "BYD Explorer 1" returned to berth at Haitong Wharf in Shanghai Waigaoqiao Port Area, and loaded 1,722 domestic cars for export overseas after unloading 1,362 imported cars on the ship. According to the statistics of Shanghai Customs, in the first quarter of this year, 529,000 cars were exported from Shanghai port, a year-on-year increase of 30.7%, of which electric manned vehicles accounted for more than 40%. In the first quarter of this year, foreign trade exports in the Yangtze River Delta region continued to move towards "new". According to the data, in the first quarter of this year, the import and export of high-tech products in the Yangtze River Delta was 913.21 billion yuan, a year-on-year increase of 6.8%, accounting for 35.4% of the total import and export value of similar commodities in the country. Mechanical and electrical products were the main export products in the Yangtze River Delta in the first quarter. In the first quarter, Jiangsu exported 569.93 billion yuan of mechanical and electrical products, an increase of 8.9 percent, of which Suzhou exported 1.9 billion yuan of electric vehicles, an increase of 8.4 times, and Zhejiang Province exported 407.33 billion yuan of mechanical and electrical products, an increase of 8.3 percent, of which auto parts and ships exported 24.72 billion yuan and 4.56 billion yuan respectively, an increase of 17.3 percent and 1.1 times. In the first quarter, the proportion of exports of mechanical and electrical products in Anhui Province exceeded 70%, and the export performance of the automobile industry was outstanding. Among them, the exports of automobiles and their spare parts, computers and their spare parts, and household appliances were 26.49 billion yuan, 10.07 billion yuan, and 8.74 billion yuan respectively, an increase of 35.4 percent, 11.2 percent, and 9.8 percent respectively. In addition, in the first quarter, the import and export of strategic emerging industries in Anhui Province was 53.76 billion yuan, an increase of 9.5%. "The outstanding export performance of mechanical and electrical products shows that the Yangtze River Delta region is actively promoting the upgrading of industrial structure and transforming to high-end manufacturing and modern service industries. Zhi Peiyuan, a master's tutor at the School of Management of China University of Mining and Technology (Beijing), told reporters that it is recommended that the Yangtze River Delta region continue to deepen reform and opening up, optimize the business environment, strengthen innovation-driven, promote the upgrading of industrial structure, and further enhance its competitiveness and influence in the global trade system.
Source of this article: Shanghai Securities News
Author: Yan Ximeng
WeChat editor: Wang Qian
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