The reporter has recently learned from Deyang Customs that the continuing downward trend in foreign trade was reversed last year. A total of foreign trade volume of RMB12.68 billion was achieved, a year-on-year increase of 21.9%; this figure ranked fourth in the province and exceeded the annual foreign trade target by 13.7 percentage points. Of them, the volume of export was RMB9.28 billion, an increase of 31%, and that of import was RMB3.4 billion, an increase of 2.5%.

The data shows that more than 80% of Deyang’s foreign trade last year was attributable to general trade, whose total volume reached RMB10.4 billion, up by 5.1%. Among them, the processing trade achieved substantial growth; a total volume of RMB2.25 billion was obtained from it, surging by 3.9 times, and it accounted for 17.7%, increasing by 13.3 percentage points over the same period of the previous year. In addition, our foreign trade volume with countries along the “Belt and Road” rose sharply; the export of mechanical and electrical products grew substantially, only the imported agricultural products declining.

Regarding the nature of foreign trade enterprises, the volume of private enterprises accounted for over 50%, reaching RMB6.68 billion, an increase of 24.7%, 1.2 percentage points higher than that of the previous year. That of foreign-invested enterprises rose by 42.6%, taking up 39.7%. That of state-owned enterprises was RMB970 million, a drop of 36%, occupying 7.7%.

Last year, the EU, ASEAN, the United States, and Brazil were major trading partners of Deyang; the foreign trade value with them reached RMB1.71 billion, RMB1.59 billion, RMB1.56 billion, and RMB1.36 billion respectively. The import and export volume of foreign-invested enterprises increased by 42.6%, representing 39.7% of the total value. That with countries along the “Belt and Road” reached RMB5.49 billion, an increase of 61%, accounting for 43.3%.

Since last year, the export of mechanical and electrical products of our city has grown by a large margin with its value reaching RMB4.23 billion, up by 68.9% and taking up 45.6% of the total. Among them, the export value of machinery equipment reached RMB2.64 billion, a one-fold increase and representing 28.4% of the total. (Reporter: Wu Ling  Correspondent: Lei Chuang)