Economic development in Guangdong

Guangdong cross-border electricity supplier to achieve substantial growth in the influence of "The Belt and Road". According to Guangdong customs statistics released on the 12 February 1 this year, Guangdong foreign trade import and export growth was 1 trillion and 30 billion yuan (RMB, same below), an increase of 17.4% over last year, 22.8% of total imports and exports accounted for Chinese. Among them, the The Belt and Road along the national import and export 244 billion 330 million yuan, an increase of 24.8%, higher than the overall growth rate. The data show that 1 - February, Guangdong Province general trade, processing trade and cross-border e-commerce import and export have achieved a substantial increase. Among them, the general trade import and export 491 billion 650 million yuan, an increase of 23.2%, accounting for 47.8% of the export and import of the whole province, and rapid promotion. The import and export of processing trade was 381 billion 630 million yuan, up 21.8%, accounting for 37.1%. Cross-border e-commerce import and export 4 billion 20 million yuan, an increase of 14.8%. The total import and export volume of private enterprises accounted for nearly half of the total import and export volume in the same period (47.9%), and the growth of private enterprises' import and export (growth 25.3%) was faster than that of foreign invested enterprises (up 12.5%), and the main business status of the private enterprises continued to maintain. The mechanical and electrical products are the main products of export, and the export of traditional labor intensive products has been reduced. The import of major commodities such as soybean, coal and lignite, iron ore and other major commodities declined, and the average price of import and export was rising and falling. During the period, Guangdong maintained a growth trend for its main trading partners. Besides the growth of 9.6% and 4.4% for Hongkong and Japan, the number of ASEAN (140 billion 960 million yuan), the United States (127 billion 500 million yuan), the European Union (113 billion 640 million yuan), Taiwan (68 billion 270 million yuan) and South Korea (68 billion 230 million yuan) all achieved two digit growth. In addition, the "The Belt and Road along the country's import and export 244 billion 330 million yuan, an increase of 24.8%, accounting for 23.8% of the province's import and export. Guangdong Customs said that in the first quarter, although the foreign trade data in 1 and February were affected by the Spring Festival factors, there was a great fluctuation. But in general, Guangdong's foreign trade and imports and exports remained good growth from 1 to February. Comprehensive judgment, it is expected that the first quarter of Guangdong's first quarter import and export growth will be back down, import growth will be back up

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