Fujian'S Foreign Trade Exports Achieve Sustained And Rapid Growth

In the first half of this year, the foreign trade and economic cooperation system of Fujian province optimized the structure of export commodities, expanded the emerging overseas markets, accelerated the export of processing trade, further played the leading role of export of foreign capital enterprises, and achieved sustained and rapid growth in exports. The export growth of the Province from January to June was higher than the national average level.

In the first half of this year, influenced by many unfavorable factors such as RMB appreciation, labor employment and rising raw material costs, Fujian's exports, especially labor-intensive products, face great difficulties.

Fujian Province, guided by the national industrial policy, actively promotes the optimization and upgrading of the import and export industry and the structural adjustment of export products, and strengthens the support for key export industries and products, with remarkable results.

In the first half of this year, the export of Fujian's mechanical and electrical products and high-tech products increased by 36.8% and 46.4% respectively, compared with the overall export growth. The proportion of the total export volume of the province increased by 48.7% and 24.3% respectively over the same period last year.

Exports of computers, ships, automobiles and their components, televisions and other products with comparative advantages increased by 49.4% to 116%.

Textile, clothing, shoes, bags, toys and other 5 categories of traditional commodity exports have also maintained steady growth.

At the same time, Fujian actively guides, promotes and organizes enterprises to develop new markets, and dissolves the risks of too concentrated markets.

Since 2005, Fujian has intensified its efforts to develop new markets such as the Middle East, Latin America, Africa, Australia and New Zealand, and South Asia. Exports to these regions have increased year by year, showing a continuous upward trend.

In the first half of this year, Fujian exported 5 billion 390 million US dollars to these emerging markets, an increase of 31.6% over the same period last year, accounting for 19.7% of the total export volume of the province.

Fujian also encourages enterprises to increase the technological content and added value of export commodities and increase the depth of the traditional market.

In the first half of this year, the good momentum of Fujian's foreign trade also benefited from the strong pull of leading enterprises and the rapid upgrading of processing trade exports.

The export of Fujian foreign capital enterprises from January to June increased by 22.6% year on year, accounting for 58.6% of the total export of the province, and increased the export growth of the province by 12.9 percentage points.

At the same time, some enterprises' processing trade industry chain has been continuously improved, and the logistics environment has been further improved, which has contributed to export growth.

In the first half of this year, the growth rate of Fujian's processing trade exports continued to be higher than the average level of the whole province. From January to June, the export volume of processing trade increased 28.6% over the same period last year, which was 9.6 percentage points higher than the average level of the province.