Hainan and the rapid growth in the ASEAN trade and export increase before July 40%

August 19 from Haikou Customs was informed that ASEAN has become the largest Hainan export market. According to Haikou customs statistics, January-July of Hainan to ASEAN and export 7.1 billion, an increase of 42.6 (hereinafter the same). Which imports 3.3 billion, an increase of 10.2%; exports 3.8 billion, an increase of 92.4 per cent over the same period the Hainan total 31%.

Of these, Viet Nam, and Singapore are the Hainan's largest import and export markets. From Viet Nam import 1.9 billion, an increase of 1.7 times, for the import of Hainan Province since the ASEAN and the largest places of origin; export to Singapore 2 billion, an increase of 7.4 times, is the first ASEAN Hainan export market; and export value of over $ 100 million of other trading partners also Malaysia 1.3 million, Indonesia 1.2 billion.

Statistics show that imports of Hainan to production resource commodities, exports of finished oil; general trade and the leading edge of processing trade, general trade import, total imports dominated 2.6 million for the same period the total imports of Hainan from ASEAN's 79%; the leading export processing trade, export 3.1 billion for the same period the total export value of 81.1%. To import and export-oriented enterprises with foreign investment and growth. Foreign-funded enterprises to ASEAN and export 4.3 billion, an increase of 7.1 times.

Haikou customs community analysis finds that the first seven months of Hainan and ASEAN trade and rapid growth, a China-ASEAN free trade area established bilateral trade, the average tax rate dropped significantly, tax incentives and customs facilitation measures to promote trade; the second is affected by the economic stimulation policy and international tourism promotion of the construction of the island, the Island Foundation project demand, cement production and the amount of coal for power generation business growth; third, jinhai pulp and paper, oil refining, etc. larger enterprises Hainan play leading role, paper raw material imports and exports of oil products increased.