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It's Happening....

Ningbo foreign trade scale on steady rise

According to the latest statistics from Ningbo Commission of Commerce, since the beginning of this year, Ningbo has maintained an over 20% growth rate for import and export over the six consecutive months, with its export volume accounting for 3.28% of that of the whole country, representing a steady rise of its foreign trade scale.

In addition to some major foreign trade enterprises, the small and micro foreign trade enterprises have also made great breakthroughs. In the first half of this year, the Shimaotong platform achieved a total import and export volume of over US$600 million, including US$400 million for Ningbo, up by 75%, involving over 5000 small and medium foreign trade enterprises.

In addition, as an important hub of the belt and road area and a living fossil of the history of the ancient Silk Road, Ningbo has actively expanded its foreign trade along the belt and road area in response to the national belt and road initiative. Ithe first half of this year, Ningbo achieved 9.832 billion yuan for import and export to the countries of the belt and road area, up by 28% over the same period of last year, accounting for 27.2% of the total import and export volume of the city, including 6.359 billion yuan for export, up by 18.6%.

Statistics show that from January to June, the total import and export volume, the export volume and the import volume of Ningbo stood at 36.206 billion yuan, 23.852 billion yuan and 12.354 billion yuan, up by 26.2%, 18.3% and 44.9% respectively, with the growth rate of the three indexes exceeding the national and provincial average

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