Changsha Xingang. Photo courtesy of the Propaganda Department of Changsha Kaifu District Party Committee China News Service, Changsha, July 16 (Reporter Fu Yu) Changsha Customs announced on the 15th that in the first half of this year, Hunan’s trading partners were spread across

2024/06/3019:24:32 finance 1935
Changsha Xingang. Photo courtesy of the Propaganda Department of Changsha Kaifu District Party Committee China News Service, Changsha, July 16 (Reporter Fu Yu) Changsha Customs announced on the 15th that in the first half of this year, Hunan’s trading partners were spread across  - DayDayNews

Changsha Xingang. Photo courtesy of the Propaganda Department of Changsha Kaifu District Committee

China News Service, Changsha, July 16 (Reporter Fu Yu) Changsha Customs 15 announced that in the first half of this year, Hunan’s trading partners were spread across 227 countries and regions around the world, with All 64 countries along the “One Belt and One Road” and 14 member countries of the RCEP agreement have economic and trade exchanges, truly realizing “buying globally and selling globally”.

statistics show that in the first half of this year, Hunan's total import and export value was 325.54 billion yuan, an increase of 25.2% compared with the same period last year (year-on-year, the same below). Among them, exports were 238.59 billion yuan, an increase of 37%; imports were 86.95 billion yuan, an increase of 1.3%.

Xie Zhijie, director of the Statistical Analysis Department of Changsha Customs, said that Hunan's foreign trade import and export showed strong resilience in the first half of the year, especially in the second quarter, which was significantly better than expected and grew at a faster rate, laying a good foundation for the steady increase in foreign trade volume throughout the year. . This is mainly attributed to the strong promotion of macro-policy support, the continuous increase of trading partners, the continuous improvement of the leading effect of provincial capitals, the effective stimulation of the vitality of market entities, and the continuous enhancement of the role of open platforms.

In addition, RCEP’s promotion effect on Hunan’s foreign trade has quickly emerged. In the first half of the year, Hunan's imports and exports to the other 14 members of the RCEP agreement totaled 108.07 billion yuan, an increase of 36.2%. During the same period, a total of 470 million yuan of Hunan's import and export goods benefited from RCEP, with a cumulative tariff reduction of approximately 6.8 million yuan. Among them, Japan is the largest visa destination country and source of import preferences under Hunan’s RCEP policy.

In terms of ensuring the smooth flow of international cargo logistics, since this year, Changsha Airport has successively restored and added 5 cargo routes, including Osaka, Manila, Bangkok. In the second quarter, Changsha Airport had 353 inbound and outbound cargo flights, which was 353 times. The first quarter growth was 58%. In the first six months, Hunan shipped a total of 558 China-Europe freight trains, 45,000 boxes, and 368,000 tons, a year-on-year increase of 43.8%, 41.3%, and 54.8% respectively.

Regarding the foreign trade situation in the second half of the year, Xie Zhijie said that although there are still some unstable and uncertain factors, with the efficient coordination of epidemic prevention and control and the deepening of economic and social development, the implementation of measures to promote the stability and quality of foreign trade will bear fruit for Hunan. Provide strong support for foreign trade development. It is expected that Hunan's foreign trade development will continue to maintain a steady growth trend in 2022. (End)

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