Copyright © SUZHOU IMP.&EXP.CO. LTD(GROUP) CHINA        ICP:苏ICP备05019788号       Powered by:300.cn

Suzhou's foreign trade value steadily rises in 2017

  Yesterday, Suzhou Customs released the latest comprehensive statistical analysis and showed that in 2017 Suzhou's foreign trade import and export volume was 213.49 billion yuan, an increase of 18.5% over the previous year; of which exports were 1,267.05 billion yuan, an increase of 17.2%; imports were 872.44 billion yuan, an increase of 20.3%; The trade surplus was 394.61 billion yuan, an increase of 11%. In 2017, the city’s total foreign trade value stabilized and rose steadily, and it broke through historical highs at one stroke.
 
  Import and export of 2139.49 billion yuan
 
  Set a record high for the year
 
  The total value of imports and exports in 2017 was 27.79 trillion yuan, an increase of 14.2% year-on-year, and Jiangsu's import and export amounted to 4 trillion yuan, a year-on-year increase of 19.1%. In 2017, Suzhou's import and export value accounted for 7.7% and 53.5% of the country's total and the province's total. The city's foreign trade growth rate was 4.3% higher than the national average and 0.6% lower than the provincial average. Suzhou's total foreign trade value was in the whole country. The rankings of large and medium-sized cities ranked fourth after Shanghai, Shenzhen, and Beijing.
 
  In 2017, the city's foreign trade import and export showed a good growth trend. Affected by multiple factors such as the rebound in global manufacturing production and structural reforms in the domestic economy, the city's foreign trade companies actively transformed and took the initiative in 2017, thus reversing the situation in which the value of imports and exports denominated in RMB fell continuously over the past five years. The total value of foreign trade breaks through historical highs in one fell swoop, setting a record high of 213.49 billion yuan in imports and exports for the year.
 
  From the perspective of the city's import and export trends in 2017, the import and export value of each month exclude seasonal influence factors. The city's foreign trade did not show significant ups and downs, showing an overall steady, steady, and positive development trend. All the months of the year were at a high level of operation. The single-month rate of increase was double digits in each month, of which four months increased by more than 20%. The import and export value of each month showed a trend of low and high before. In August, September and November, the city’s import and export value hit record highs. In November, it exceeded the single-month value of 200 billion yuan. In addition, among the cities with the largest foreign trade volume in the country, 18.5% increase in imports and exports in Suzhou was higher than Shanghai (12.5%), Shenzhen (6.5%), and Beijing (17.6%).
 
  Exports to the U.S.
 
  Three-quarters of imported goods come from Asia
 
  In 2017, the city's merchandise was sold to the US market at 361.4 billion yuan, an increase of 24.7% year-on-year, 7.5 percentage points higher than the city's average export level; and the EU's total export volume was 255.78 billion yuan, a year-on-year increase of 15.8%, 1.4 percentage points lower than the city's average export level. During the same period, the city’s merchandise exports to Asia reached 510.22 billion yuan, an increase of 13.7% year-on-year, of which exports to the ASEAN was 11.525 billion yuan, a year-on-year increase of 16.9%.
 
  In 2017, 74.6% of the city’s imports were from Asia, with a total import of 651.11 billion yuan, a year-on-year increase of 19%, 1.3% lower than the city’s average import level, and a 0.9% decrease in the city’s imports compared to the same period of last year. Among them, 193.54 billion yuan was imported from South Korea, an increase of 34.4% year-on-year; imported 145.68 billion yuan from China Taiwan, an increase of 5.5% year-on-year; and imported 95.2 billion yuan from Japan, an increase of 14.1% year-on-year. During the same period, the city’s imports from Europe and the United States increased by more than average levels. Imports from the EU reached 84.57 billion yuan, a year-on-year increase of 21.6%, and imports from the United States were 51.44 billion yuan, a year-on-year increase of 29.1%, which was higher than the city’s import average of 1.3 percentage points and 8.8 respectively. percentage point.
 
  Statistical analysis shows that the city’s total number of product export markets increased from 226 countries or regions in 2016 to 228 countries or regions in 2017; the two major importers of the city’s Korea and China’s Taiwan have different trends, with an increase in imports of 34.4 respectively. % and 5.5%, the proportion of imports from Asia decreased by 0.9% compared with the same period of last year, and the concentration of sources of goods has been mitigated. In 2017, the import and export of the countries along the “Belt and Road” route totaled 407.52 billion yuan, an increase of 21.3% over the previous year. The city's import and export growth rate was 2.8 percentage points higher.
 
  Mechanical and electrical products into the main product
 
  Changshu and Suzhou High-tech Zone Lead the Import and Export of the City
 
  In 2017, the city's import and export of mechanical and electrical products was 1,586.02 billion yuan, an increase of 18.1% over the previous year, accounting for 74.1% of the city's total value of foreign trade, of which exports were 984.76 billion yuan, an increase of 17.8% year-on-year, and imports were 601.26 billion yuan, a year-on-year increase of 18.7%.
 
  Of the city's major export products, computer and communication technology products exported 474.74 billion yuan, up 26.3% year-on-year; electronic technology products exported 113.07 billion yuan, up 6.1% year-on-year. Of the traditional export products, exports of textile raw materials and products were 124.17 billion yuan, up 16.6% year-on-year; exports of steel and other metals and products were 41.83 billion yuan, a year-on-year increase of 5.8%. In the same period, imports of electrical and electronic products in the city's major imported products totaled 403.15 billion yuan, a year-on-year increase of 29.4%.
 
  In 2017, Changshu City ranked first in terms of foreign trade growth in the region, achieving an import and export volume of 165.63 billion yuan, a year-on-year increase of 26.3%, an increase of 7.8 percentage points over the city's overall growth; followed by the Suzhou High-tech Zone, with an import and export of 277.8 billion yuan, a year-on-year increase. 23.8%, 5.3% higher than the overall increase in the city. The leading foreign trade industry was the Suzhou Industrial Park, with an import and export volume of 580.53 billion yuan, an increase of 18.4% year-on-year, accounting for 27.1% of the city's total foreign trade value; followed by Kunshan, with an import and export volume of 559.96 billion yuan, a year-on-year increase of 17.5%, accounting for the city’s total foreign trade volume. 26.2% of the value. In the same period, the import and export volume of Zhangjiagang City was 217.93 billion yuan, a year-on-year increase of 20.5%; the import and export volume of Wujiang District was 145.48 billion yuan, an increase of 4.4% year-on-year; the import and export of Taicang City was 87.81 billion yuan, a year-on-year increase of 21.4%.
 
  The "Ultimate Outstanding and Outstanding" Pattern Accelerated
 
  New business model and new model develop rapidly
 
  At present, the city's leading export and export industries gradually shift from computer and communication technology products to diversification of electronic products, equipment manufacturing equipment and biomedicine. For example, the annual export volume of notebook computers has dropped from the peak of 92.6 million units to the current 41.29 million. Taiwan, while the import growth rate of some advanced technologies, key components and consumer goods has increased. Some foreign trade companies in the city value R&D investment and technological innovation. For example, a semiconductor manufacturing company upgrades the product shipment price by about 60% through upgrade of integrated circuit technology. At the same time, some companies pay attention to the introduction of robot production and intelligent manufacturing, and enhance the city's ability to import and export foreign trade. And competitive advantage. The city's foreign trade pattern of "advanced excellence and excellent output" is accelerating. In terms of export product structure, in 2017, the export value of high-tech products with high added value was 661.06 billion yuan, up 20.3% year-on-year, accounting for 52.2% of the city's total export value, of which mobile phone and other communications equipment exports increased by 79.7%. Computer and other data processing equipment Exports increased by 11.4%.
 
  With the development and support of governments at all levels, the new business model and new model of foreign trade such as cross-border e-commerce, market procurement, and bonded maintenance have developed rapidly, providing foreign companies with logistics, finance, and other supply chain support services, significantly shortening foreign trade. The circulation time has improved the efficiency of foreign trade companies' imports and exports. Since the trial of “Market Purchasing” trade mode began in early 2017, Changshu Garment City has applied for 10,375 export declarations with a value of 8.9 billion yuan. Since the Kunshan Customs began trial operation of the “bonded maintenance” business in 2015, the rest of the city has also relied on bonded policies for special regulatory areas to actively carry out after-sales maintenance and testing services for domestic and foreign products. In 2017, relevant companies in the city reported the bonded maintenance business. 23,177 declarations, valued at 17.65 billion yuan.
 
  Su newspaper reporter Daqiu