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Private Firms in Chizhou Take Lion's Share of Exports

Pub Date:18-03-19 15:24 Source:www.cnanhui.org

Chizhou, a city in east China’s Anhui province, registered 240 million yuan ($38 million) in export value between January and February, up 19.6 percent from the same period a year ago, customs statistics showed.

Exports made up 49 percent of the city’s total foreign trade volume during the first two months of 2018.

Hi-tech exports surged 66.3 percent to hit 30 million yuan, pesticides and herbicides were sold abroad for the first time, valuing at 40 million yuan, and labor-intensive exports continued to edge up.

Private enterprises posted a 24.4 percent year-on-year increase in exports, which stood at 200 million yuan, or 83.7 percent of the city’s total export volume.

In the Jan-Feb period, Chizhou’s exports to the Belt and Road Initiative countries reached 70 million yuan, up 28.4 percent year on year. Its exports to the European Union jumped 3.9 percent to hit 30 million yuan.

The city continued to increase its exports to ASEAN countries, India and Australia. Meanwhile, it succeeded in tapping the African market.

Editor:Rita

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