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Fujian'S Footwear Exports To ASEAN Show Strong Growth Momentum.

2010/8/31 11:01:00 48

Export Trade Economy

August 31st hearing with China ASEAN freedom

Trade

Officially completed, the trade between Fujian and ASEAN has shown strong growth momentum.

According to Fuzhou

Customs

Statistics, in the first 7 months of this year,

Fujian

The total trade volume between ASEAN and ASEAN reached US $7 billion 50 million, an increase of 53.7% over the same period last year.

Among them, imports of US $2 billion 530 million, an increase of 52.2%; exports of US $4 billion 520 million, an increase of 54.5%.


According to statistics, the import and export of private enterprises and foreign-funded enterprises are evenly divided.

Before July, private enterprises in Fujian increased 69.9% to ASEAN's imports and exports, accounting for 41.1% of the total volume of Fujian's trade with ASEAN in the same period. Foreign investment enterprises accounted for 2 billion 830 million of imports and exports, an increase of 51.7%, accounting for 40.2%.

In addition, the import and export of state-owned enterprises was 1 billion 250 million US dollars, an increase of 27.9%, accounting for 17.8%.


Clothing,

footwear

Export growth is outstanding.

In the first 7 months, the export of Fujian's electromechanical products to ASEAN was 1 billion 610 million US dollars, an increase of 32.8%; the export of agricultural products was 620 million US dollars, an increase of 34.3%; clothing exports 360 million US dollars, an increase of 69.8%; and the export of footwear products 220 million US dollars, an increase of 96%.

On imports: imports and exports of electromechanical products increased by 880 million, an increase of 34.2%; imports of high-tech products increased by $740 million, an increase of 28.9%; and imports of agricultural products increased by 270 million US dollars, an increase of 6.2%.


Fuzhou customs officials pointed out that after the start of the China ASEAN Free Trade Area, the bilateral dependence deepened and the economic relations became closer. However, the "going out" of Chinese enterprises started late, overseas investment experience was insufficient, the relevant talents with pnational management experience were short, and the difficulties of short-term investment in the ASEAN market were still more.


In response, the Fuzhou customs recommended that the government departments should strengthen guidance for enterprises to develop ASEAN markets, actively readjust the industrial structure, intensify pformation and upgrading, enhance awareness of certificates of origin, reduce trade costs between ASEAN and ASEAN, pay close attention to ASEAN's political and economic development, and improve bilateral dialogues and dialogue mechanisms, so as to create a favorable environment for bilateral trade.

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