The Import and Export Scale of Ningbo Hits a Record High
- Details
- Category: Ningbo Business
- Published: Wednesday, 11 August 2021 14:23
The total import and export volume of Ningbo was 563.89 billion yuan, the largest scale in the same period in history, an increase of 30.7% over the same period last year, 3.6 percentage points higher than the national level, and a positive year-on-year growth for 14 consecutive months. The "semi-annual report" of Ningbo foreign trade is excellent.
"In the first half of the year, the imports and exports of Ningbo showed a steady, positive and rapid growth trend. It was hard-won, and bright spots appeared frequently. This laid a good foundation for the steady and quality increase of foreign trade volume this year." The relevant person in charge of Ningbo Customs said.
Highlights seen everywhere demonstrate the strong resilience of foreign trade
According to Ningbo Customs statistics, in the first half of this year, the city's total import and export volume reached 563.89 billion yuan, a year-on-year increase of 30.7%. Among them, the export value was 358.16 billion yuan, a year-on-year increase of 28.4%, and the import value was 205.73 billion yuan, a year-on-year increase of 35%.
From a single month perspective, in June this year, Ningbo's import and export volume exceeded 100 billion yuan for the first time, an increase of 14.9% year-on-year, and it has achieved positive year-on-year growth for the 14th consecutive month since May 2020. Among them, the export value was 68.04 billion yuan, a year-on-year increase of 16.1%, and the import value was 35.58 billion yuan, a year-on-year increase of 12.7%.
In addition to new highs in scale, foreign trade also showed many bright spots in the first half of the year.
"Since the beginning of this year, we have found that customers in Europe and the United States have a rapid increase in demand for straps and tensioners. In this regard, the company has specially developed a shrink tensioner. The sales volume in the European and American markets from January to June increased year-on-year. Over 20%." Pan Yancheng, general manager of Ningbo Yilin Auto Accessories Co., Ltd. introduced.
There are still many private enterprises in Ningbo, such as Yilin, that actively adapt to market changes. They continue to innovate and tap their potential to enhance their new competitive advantages. While winning the international market, they have also strengthened their position as the main force of the private enterprises, driving the rapid growth of Ningbo’s foreign trade. .
Data show that from January to June this year, private enterprises burst into vigor, achieving an import and export volume of 396.81 billion yuan, a year-on-year increase of 31.9%, accounting for 70.4% of the city's total import and export volume during the same period.
Ningbo's import and export growth momentum with its major trading partners is equally good, and its "friend circle" is very stable. In the first half of the year, Ningbo’s imports and exports to the top three trading partners, the EU, the United States, and ASEAN were 99.08 billion yuan, 95.91 billion yuan, and 60.24 billion yuan, representing an increase of 27.3%, 33.9% and 24.7% year-on-year. 45.3% of the city’s total foreign trade value.
In addition, Ningbo's import and export value to countries along the “Belt and Road” was 155.7 billion yuan, a year-on-year increase of 29.5%, accounting for 27.6% of Ningbo's total import and export value during the same period.
Kinetic energy accumulation boost foreign trade stability and quality improvement
Not long ago, Guanhua Supply Chain Management Co., Ltd. signed a contract of intent with the Bulgarian Company of Tianjin Agricultural Reclamation Group, and it is expected to import 50,000 tons of corn. Meishan Customs, affiliated to Ningbo Customs, acted in advance to guide companies in the preparation of filing application materials through both online and offline methods, and sent personnel to guide companies on the spot to improve the quality management system and facility construction, and help companies successfully pass the qualifications of entering grain and feed processing enterprises .
"At present, the company has specially built a 100,000-ton silo for cross-border e-commerce product trading and storage, which can be docked with exclusive customs supervision sites in Bulgaria, Russia, Ukraine and other countries, and plans to build on this in the Ningbo area of Zhejiang Free Trade Zone. To build a leading cross-border supply chain complex in the country and an entry transit distribution base for Central and Eastern European countries." General Manager Wang Ning said.
This is just a microcosm of the new business models and new models that have added momentum to the development of foreign trade. Judging from the data in the first half of the year, the city's foreign trade transformation and upgrading and new momentum for high-quality development are constantly gathering.
At the beginning of July, 2021 Zhejiang-level public overseas warehouses were announced. Among the 13 seats, Ningbo accounted for 7 seats, providing a strong boost for Ningbo manufacturing and even Zhejiang manufacturing "Cargo Global". Up to now, more than 60 Ningbo enterprises have deployed 203 overseas warehouses around the world, with a cumulative area of more than 2 million square meters, accounting for 1/9 and 1/6 of the country in number and area respectively.
Of the 105 national foreign trade transformation and upgrading bases newly recognized by the Ministry of Commerce in 2021, Ningbo accounted for 19, accounting for 27% of the province's total, ranking first in the province.
In addition to the continuous growth of high-level open platforms, the scope of Ningbo's imports is also expanding.
On July 9, Ningbo Meishan Kadak Automobile Inspection Co., Ltd. was included in the list of imported motor vehicle safety technical inspection agencies that adopted the inspection results, which means that Ningbo Port has greatly improved its vehicle inspection capabilities.
Multi-party deployment helps to sprint to a steady growth in foreign trade throughout the year
"For the whole year, Ningbo's foreign trade development still faces many uncertain and unstable factors. However, under the environment where the anti-epidemic results are gradually stabilized and foreign trade support policies continue to be in place, Ningbo's foreign trade is expected to continue to show positive improvement this year. Situation.” The relevant person in charge of Ningbo Customs analyzed and said.
Specifically, in terms of endogenous dynamics, Ningbo’s economy has continued to improve steadily since this year, and the vitality of market entities has increased, providing strong support for the sustained and stable growth of imports and exports; in terms of external demand, the global economy has continued to recover, which is very important to China. Demand for commodities continues to grow. At the same time, loose foreign monetary policies and rising commodity prices will also stimulate foreign trade growth to a certain extent.
It is understood that in order to ensure that foreign trade continues to achieve rapid growth throughout the year, the central and local governments have introduced corresponding policies and measures in the near future.
Recently, the General Office of the State Council issued the "Opinions on Accelerating the Development of New Business Models and Models for Foreign Trade", focusing on six new business models and models, including cross-border e-commerce, market procurement, foreign trade comprehensive service companies, bonded maintenance, offshore trade, and overseas warehouses. Classified and formulated practical, effective, active and effective policy measures.
Previously, the General Office of the Municipal Government issued the "China (Zhejiang) Pilot Free Trade Zone Construction Plan for Ningbo Area", which set a goal of reaching 2 trillion yuan in total import and export trade by 2025. On June 28, 35 major industrial projects in the Ningbo area of the Zhejiang Free Trade Zone were completed and put into production. This year, it is estimated that the new output value will exceed 26 billion yuan.
In order to cultivate competitive advantages in foreign trade, Ningbo has also issued "Several Policy Opinions on Supporting the High-Quality Development of Cross-border E-commerce" for cross-border e-commerce, supporting the clustering of cross-border e-commerce industry, platform development, main body cultivation, warehousing construction, logistics construction, Financial support, talent introduction, atmosphere creation, optimization of supporting regulatory policies, etc., assisted in the double trillion foreign trade operation
