◎Foreign Economy

In 2019, the city’s total import and export of goods was 190.22 billion yuan, an increase of 26.3%over the previous year. Among them, imports were 21.69 billion yuan, an increase of 6.0%; exports were 168.53 billion yuan, an increase of 29.4%, and exports accounted for 9.8‰ of the country, an increase of 1.9 thousand points over the previous year. The export of private enterprises was 157.52 billion yuan, an increase of 32.4%, accounting for 93.5%of the city’s total exports of goods, an increase of 2.1 percentage points over the previous year. Exports to countries along the “Belt and Road” were 72.13 billion yuan, a year-on-year increase of 52.0%. Exports through market procurement trade reached 27.29 billion yuan (3.93 billion US dollars). A total of 20,000 enterprises with self-operated import and export rights were granted in the city, an increase of 14.4%over the end of the previous year. Among them, the number of self-operated export enterprises over 10 million US dollars this year reached 516, an increase of 111 over the end of the previous year, and the number of enterprises exporting over 50 million US dollars 57 homes. The total amount of foreign capital actually utilized throughout the year was US$758 million, a year-on-year increase of 45.0%. The total amount of Chinese investment in the city’s overseas investment reached 750 million US dollars, and 38 overseas investment projects were newly approved. Among them, the countries along the “Belt and Road” invested 690 million US dollars, accounting for 92.2%of all overseas investment.

getUrls?link=2f8582d88026ecd667af244a46f6ae6e - Walk into Wenzhou:Overview of Foreign Economy in 2019

Source:Wenzhou Municipal People’s Government