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Imports and exports of private enterprises in East China’s Anhui province increased 35.2 percent year-on-year to 58.61 billion yuan ($9.20 billion), or 52 percent of the provincial total, in the first two months of 2022,customs data showed. Exports reached 42.93 billion yuan, up 37.1 percent, while imports grew 30.2 percent to 15.68 billion yuan, according to Hefei Customs. Private firms’ import and export value of general trade rose 33 percent to 45.38 billion yuan between January and February, accounting for 77.4 percent of the total. Their bonded logistics trade rocketed 94.4 percent to 6.36 billion yuan, while the processing trade increased 11.9 percent to 4.82 billion yuan. The United States, the European Union and the ASEAN remained the three major trading partners of Anhui-based privately-run enterprises, posting year-on-year increases of 40.5 percent, 58 percent and 31.5 percent, respectively. Mechanical and electrical imports went up 47.1 percent to 9.97 billion yuan in the Jan-Feb period, making up 63.6 percent of private enterprises’ total foreign trade value. Meanwhile, mechanical and electrical exports stood at 24.44 billion yuan, accounting for 46.9 percent of the total.
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