Textile and Garment Keep Stabilization

It is reported that the rapid growth of exports in Zhejiang Province in the first half, mainly due to mechanical and electrical products and textiles and clothing exports of traditional commodities such as stabilizing strength. From January to June, exports of textile yarn, fabrics, Zhejiang Province, and products.

It is reported that the rapid growth of exports in Zhejiang Province in the first half, mainly due to mechanical and electrical products and textiles and clothing exports of traditional commodities such as stabilizing strength. From January to June, export of textile yarn, fabric, Zhejiang Province, 11.53 billion U.S. dollars and products, up 34.9%; export clothing and accessories 10.37 billion U.S. dollars, up 15.4%, the two together the province’s total export value accounted for 26.6%.

Hangzhou Customs statistics show that the major trading partner with bilateral trade in the European debt crisis and the depreciation of the euro and the EU, Zhejiang Province, has yet to produce significant effect on euro area exports. From January to June, exports to the EU, Zhejiang Province, 22.08 billion U.S. dollars, up 36.7%. Among them, the euro-zone exports 16.74 billion U.S. dollars, up 37.7%, higher than the growth rate of total exports of the European Union by 1 percentage point.

With the Free Trade Area strategy and implementation of the strategy of market diversification, Zhejiang Province, ASEAN, India, Russia and Brazil, rapid export growth in emerging markets. From January to June, exports of Zhejiang Province on the market were 5.09 billion U.S. dollars, 25.1 billion dollars, 2.1 billion and 18.3 billion dollars.

This reporter has learned, Taiwan Province, Zhejiang Province, has become the largest source of imports. In the first half, Zhejiang Province, Taiwan Province of imports from 5.3 billion U.S. dollars, up 61.7%, higher than the provincial average growth rate of 16.5 percent of imports.

In addition, imported products, scrap metal, agricultural imports increased rapidly. From January to June, respectively, Zhejiang Province, scrap metal and agricultural products imported 2.74 billion U.S. dollars and 2.03 billion U.S. dollars, up 1.6 times and 79.6%.

However, experts believe that Hangzhou Customs statistics, although the recovery of Zhejiang’s imports and exports growth good, but data analysis, mechanical and electrical products in Zhejiang Province in particular, the proportion of high technology exports is still small, need to speed up the development mode of foreign trade change and industrial transformation and upgrading.

In addition, 1-June, Zhejiang province high-tech exports accounted for the proportion of total exports was only 7.9% of total export value of the national high-tech products accounted for 30.8%, while Shanghai, Jiangsu and Guangdong reached respectively 46.6%, 46.2% and 38%.

Hangzhou Customs, Zhejiang Province, recently announced the first half of foreign trade statistics, total foreign trade in Zhejiang Province in the first half of this year and exports to new heights, the first half of 2010, total import and export of Zhejiang Province was 117.51 billion U.S. dollars, compared with last year growth of 41.3% over the same period, only 6 months to import and export of 22.77 billion U.S. dollars to achieve a record high.

The first half of this year the city exported 1.342 billion U.S. dollars of textile apparel, compared with growth of 52.52 percent over the same period last year. Among them, the export of apparel and clothing accessories, 1.058 billion U.S. dollars, Bi Zeng 47.58%; exports of textile yarn, fabrics and products 284 million U.S. dollars, increased 74.24%.

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