China News Service, Beijing, July 22 (Huang Lingyan, Wu Pengquan, Zhang Daozheng) China Guangxi, Jiangxi, Tianjin and other places held relevant press conferences on the 22nd to introduce local foreign trade imports and exports and the use of foreign capital in the first half of this year.
Nanning Customs introduced at a press conference on Guangxi's foreign trade import and export situation on the 22nd. In the first half of 2020, Guangxi's import and export rebounded, and the increase in trade with Vietnam increased month by month.
The data released on the same day showed that Guangxi's foreign trade imports and exports were 218.03 billion yuan (RMB, the same below) in the first half of the year, down 4.1% from the same period last year, and the rate of decline narrowed by 3.9 percentage points compared with the previous five months. Guangxi's imports and exports to ASEAN were 106.73 billion yuan, of which Vietnam's imports and exports were 79.9 billion yuan, a year-on-year increase of 1%. In the second quarter, the growth rate of Guangxi's trade with Vietnam expanded month by month, up 2.6%, 3.6% and 23.8% year-on-year respectively.
According to reports, in the first half of the year, the inbound fruit trains from Vietnam to the Pingxiang Railway Port in Guangxi, China were normalized, and the bilateral fruit trade cooperation was further strengthened. Since April, the two China (Guangxi)-Vietnam Commodity Online Fairs jointly organized by the Guangxi Department of Commerce and the Trade Promotion Agency of Vietnam’s Ministry of Industry and Trade have attracted nearly 1,000 Chinese and Vietnamese enterprises to participate in the fair, with a transaction volume of 1.36 billion yuan.
In the first half of this year, Jiangxi, a province in central China, actually utilized US$7.88 billion in foreign capital, a year-on-year increase of 6.8%. According to the statistics of the Ministry of Commerce of China, the total amount of foreign exchange investment ranked first in the central region.
Xie Yiping, director of the Jiangxi Provincial Department of Commerce, introduced at the “Press Conference on the Operation of Jiangxi Province’s Business and Economy in the First Half of 2020” on the 22nd that the province adopted “no-face” and “screen-to-screen” investment invitations to expand cooperation with domestic and foreign professional institutions. Cooperation, docking key areas such as Europe, America, Japan, Korea, Guangdong-Hong Kong-Macao Greater Bay Area, and introducing a number of industrial projects.
Data show that in the first half of this year, Jiangxi introduced 15 European, American, Japanese and Korean projects, with a contractual foreign investment of US$100 million, an increase of 41.6% year-on-year; the introduction of Guangdong-Hong Kong-Macao Greater Bay Area project funds was 162.85 billion yuan, an increase of 5.2% year-on-year.
In addition, in the first half of the year, Jiangxi also focused on leading industries, introducing 505 six key industrial projects in aviation, electronic information, equipment manufacturing, traditional Chinese medicine, new energy, and new materials, of which 46 were foreign-funded projects. The actual use of foreign capital was US$1.27 billion, a year-on-year increase. An increase of 47.2%.
The reporter learned from a press conference jointly held by Tianjin Customs and Tianjin Municipal Bureau of Commerce on the 22nd that in the first half of this year, the level of preferential use of tariffs under the Tianjin Enterprise Free Trade Agreement continued to rise, which reduced the import and export costs of enterprises and effectively alleviated the impact of the epidemic on Tianjin. The impact of the city's foreign trade stabilized the basic foreign trade market. Driven by various facilitation measures, Tianjin import and export enterprises enjoyed more than 1 billion yuan in tariff preferences under the FTA in the first half of the year.
From January to June, Tianjin’s 801 importing companies can enjoy tariff discounts of 535 million yuan under the Free Trade Agreement, an increase of 7% year-on-year. Among them, China-ASEAN, China-Korea, and China-New Zealand Free Trade Agreements enjoy a breakdown of the value of imports The first three. The level of comprehensive utilization of Tianjin’s enterprises’ imports from the Free Trade Agreement has been increasing month by month, especially from March to June, the level of comprehensive utilization has increased by 10% compared with the same period last year.
According to the relevant person in charge of the Tianjin Municipal Bureau of Commerce, in June, Tianjin’s “stabilizing foreign trade” work achieved results and achieved growth against the trend. Imports and exports of the month were 73.22 billion yuan, a year-on-year increase of 23.8%; of which exports were 29.27 billion yuan, a year-on-year increase of 20.3%; imports were 43.95 billion yuan, a year-on-year increase of 26.3%. (Finish)