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Chongqing Reaches 267.49 billion RMB of Foreign Trade Value in the First Half of 2014, an Increase of 41.8% Year on Year

    On July 15, Chongqing Customs declared that, in the first half of this year, Chongqing reached 267.49 billion RMB of foreign trade value, an increase of 41.8% year on year.
    Deputy Chief of Chongqing Customs Xu Xin said, in the first half of this year, Chongqing reached 166.83 billion RMB of foreign trade export value, increased by 27.1%, and100.66 billion RMB of foreign trade import value, increased by 75.4%, sustaining a rapid growth.
    In the first half of this year, a significant characteristic of Chongqing foreign trade was that the import-export value of processing trade industry maintained a rapid growth, while the export value of general trade industry has decreased. The data from Chongqing Customs showed that in the first half of this year the import-export value of processing trade industry has doubled to reach 163.07 billion RMB, accounting for 61% of the total value of Chongqing at the same period; while the import-export value of general trade industry was 71.29 billion RMB, decreased by 13.3%.
    "This suggests that since this year, Chongqing foreign trade industry is undergoing an obvious transition period." The principal of Chongqing Foreign Trade & Economic Relations Commission said, with the rise of the IT industry represented by the laptop computer, monitor, and printer, the situation that Chongqing foreign trade industry is mainly depending on the export of traditional mechanical and electrical products has changed. It was learnt that in the first half of this year Chongqing has exported 25.728 million units of portable computer, increased by 24%, worth 69.79 billion RMB, increased by 36.5%. Chongqing has also exported 63,000 units of vehicles, increased by 11.1%, worth 2.74 billion RMB, increased by 21.7%.
   

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