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Trade with Countries along “B&R Initiatives” Accounts for 30%
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The Taizhou Customs has been recently quoted that the total value of imports and exports of Taizhou from January to August this year reached RMB110.79 billion, with a year-on-year increase of 9.5% (the same below). Of this total, exports totaled RMB97.31 billion, with an increase of 9.7%. Its growth rate is 2.8 percentage points more than the provincial average growth rate, ranking the 2nd among the 11 prefecture-level cities in the province. The imports totaled RMB13.48 billion, with an increase of 7.9%.


In August, the total value of imports and exports of Taizhou reached RMB15.55 billion, with an increase of 12.0%. Of this total, the exports amounted to RMB13.8 billion, with an increase of 11.1%; and the imports reached RMB1.75 billion, with an increase of 20.1%. In addition to the Spring Festival month, the monthly export has maintained the growth in the first 8 months.


From January to August, the general trade imports and exports of Taizhou totaled RMB1,001.8 trillion, with an increase of 7.3%. It is 2.1 percentage points lower than the overall level of Taizhou, and accounts for 90.4% of the total value of foreign trade imports and exports of Taizhou. In the same period, the imports and exports of processing trade amounted to RMB10.42 billion, with an increase of 34.7% and accounting for 9. 4%.




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