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Shenzhen foreign trade! Historical high

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According to Shenzhen Customs statistics, Shenzhen's cumulative imports and exports in the first three quarters of this year and the scale of imports and exports in the third quarter were both historical highs for the same period.

In the first three quarters, the cumulative imports and exports were 3.37 trillion yuan, a year-on-year increase of 20.9% (the same below), which was faster than the national and provincial levels. In terms of imports and exports, both were historical highs for the same period, among which exports were 2.14 trillion yuan, an increase of 19.7%; imports were 1.23 trillion yuan, an increase of 23.1%.


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Since the beginning of this year, all types of business entities in Shenzhen have remained active and have shown great vitality in international economic and trade cooperation, especially private enterprises.

In the first three quarters, Shenzhen's private enterprises' imports and exports totaled 2.39 trillion yuan, an increase of 30.8%, accounting for 70.9% of Shenzhen's total imports and exports in the same period (the same below), and the growth rate was 9.9 percentage points faster than the overall Shenzhen City, which is the main driving force for Shenzhen's foreign trade growth.

Wang Zhen, deputy director of the Institute of Regional Development Planning of the China (Shenzhen) Comprehensive Development Research Institute, believes that Shenzhen has deeply participated in the global value chain relying on scientific and technological industry innovation, and a number of private leading enterprises and independent brands with strong innovation capabilities and international competitiveness have emerged. When expanding into emerging markets, they can quickly adapt to market demand and provide competitive products and services.

In fact, Shenzhen has always supported private enterprises to "go global in groups", constantly open up new blue oceans in the global market, and vigorously explore emerging markets such as the Middle East, Southeast Asia, Central Asia, Latin America, and Africa, so that more "Shenzhen creations", "Shenzhen services", and "Shenzhen brands" can be famous all over the world.

In the first three quarters, ASEAN, Hong Kong, and the United States were Shenzhen's top three trading partners, with imports and exports of 574.09 billion yuan, 516.91 billion yuan, and 352.46 billion yuan, respectively, up 32.3%, 17.4%, and 12.2%, respectively, accounting for a total of 42.8%.

In addition, imports and exports to Latin America amounted to 180.37 billion yuan, up 26.8%, accounting for 5.3%. Among them, imports and exports to Mexico, Brazil, and Costa Rica increased by 19.7%, 45.3%, and 119.7% respectively.

During the same period, imports and exports to countries participating in the construction of the "Belt and Road" amounted to 1.19 trillion yuan, up 27%; imports and exports to other RCEP member countries amounted to 945.76 billion yuan, up 28%.


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