Thursday, December 23, 2010

Guangdong foreign trade and export single first ultra 400 billion all-time high

In China's foreign trade in the pivotal position of Guangdong Province, import and export situation further improved. China Customs Guangdong Branch 12, statistics show that one in July, the Guangdong import and export of $ 687.6 billion, an increase of 25%, of which exports for the first time exceeded 400 billion, an increase of 28% of the value of Guangdong monthly historical record.

7 months of the year 2010, Guangdong import and export trade totalled US $ 4139, compared with growth of 32%, less than the national 40.9% growth, accounting for 25.6% of the total value of imports and exports. Single imports in July, Guangdong to 280 billion, an increase of 21%, as the history of Guangdong monthly import the second highest value.

Customs data indicate that 1-July, Guangdong's main trading partner, Hong Kong, the United States, European Union, ASEAN, Japan and Taiwan, the import and export of double-digit growth, above, on the import and export increase in Taiwan continued to maintain 40% or more. On the import and export increase gradually increase the United States, between 1 and 20% growth in July. In addition, the canton on the EU export growth July 28%, slightly lower than the same period the province's overall export growth 0.8 percentage points. In addition, processing trade and export growth remains below the average growth rate of Guangdong import and export.

From exports, 1 July, Guangdong's export of 1630 billion, an increase of 29%, accounting for foreign trade export value of close to 70%; major traditional labour-intensive exports growth, including: apparel and clothing accessories export 145 million, an increase of 20%; furniture and parts exports amounted to $ 73.4 billion, up 40%; footwear exports 70.9 billion, an increase of 18%; toy exports 33.1 billion, a growth of 29%.

Customs analysts means that in July of this year, the Guangdong Province exports over $ 40 billion for the first time to a record high, imports also for historical times high value, Guangdong foreign trade situation continue smoothly to good, but the Guangdong import and export, export and import of the year-over-year increase is still lower than the national and the global economy overall maintenance recovery trend, but the pace of recovery is slow, the global economic recovery process of risk should not be overlooked.

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