Customs data showed that in December 2010, Nantong’s import, export, export, and import values ​​reached 2.29 billion U.S. dollars, 1.52 billion U.S. dollars, and 770 million U.S. dollars, respectively. All the three indexes were set at the highest monthly record, and the annual foreign trade import and export achieved 21.096 billion U.S. dollars. An increase of 29.8% year-on-year, with the total value of imports and exports quadrupling in seven years. In the national rankings of large and medium-sized cities, Nantong ranks among the top 25 in import and export volume.
During the “Eleventh Five-Year Plan†period, Nantong’s foreign trade entered an accelerated period of improvement. The growth mode of foreign trade has been transformed in an all-round way, and the characteristics of high-end products, industrial clusters, and market diversification have become increasingly prominent. Mechanical and electrical products accounted for nearly 10 percentage points higher than that of textiles and garments. Breaking through the long-term “one-industry-only†status of textile and garments, electromechanical products have become the largest export commodity in the city; exports of high-tech products have increased by nearly 10 percentage points in five years. Lin Yang new energy solar cell exports from the breakthrough of zero to a leap to become the city's first export of more than one billion US dollars in the first major exporters, only six years. The number of companies that exported more than US$10 million in the city reached 242. Traditional manufacturing companies such as Xiaolong Heavy Industry, Hantong Shipbuilding, and Southern Star Home Textiles have set up R&D, warehousing, and sales windows abroad, and achieved a magnificent turn in selling products, selling technology, and selling services.
During the “Eleventh Five-Year Plan†period, the international trade environment was turbulent and complicated. How could Nantong’s foreign trade obtain a beautiful “report card�
The municipal party committee and the municipal government always regard the growth of foreign trade as the main engine of economic development and timely extend “the hand in hand†to maintain the stability of foreign trade. The municipal government was the first in the province to establish a “leading group for promoting stable growth in foreign tradeâ€. The Municipal Bureau of Commerce and the Bureau of Finance timely issued and improved relevant policies for urban districts to help enterprises cope with the financial crisis and guide enterprises to accelerate the transformation of foreign trade development methods. Qidong and Rugao Counties (cities) such as Hai'an also issued corresponding supporting policies. According to statistics, last year, 2,300 enterprises in our city received a total of 14 national, provincial, and municipal foreign economic and trade support promotion funds totaling 1.52 billion yuan.
Work together to promote the transformation and upgrading of foreign trade companies. Relevant departments are pushing companies to fine-tune their product mix, strengthen brand building, and increase market voice. Support and encourage enterprises to apply for compulsory technical standards, non-compulsory ecological standards certification, and social responsibility standards, etc. to break through foreign technical barriers to trade. Jiangshan Co., Ltd. was awarded the title of “China Export Famous Brandâ€. 16 brands of 16 companies received the title of “Jiangsu Export Famous Brandâ€. The counties (cities) of Qidong Electric Tools, Tongzhou Home Textiles, Rudong Sea Products, Chongchuan Sports Products, and other industrial clusters have stepped up the construction of export bases to form an advantage in the agglomeration of export industries.
Foreign trade companies have demonstrated their skills in the international trade arena. At the 108th Canton Fair last year, Nantong exhibited 440 booths, which was a three-fold increase in four years. With the subsidy policy for booths, more than 200 companies went abroad to participate in the exhibition; more than 1,500 companies joined e-commerce export platforms such as Alibaba and Made in China. Start an online business. Nantong Foreign Trade Insurance Co., Ltd. won the “337 investigation†lawsuit in the United States and became a classic case of “337 investigation†in the fair trade field.
The development of foreign trade has effectively promoted local economic development, optimized the industrial structure, and promoted employment. Through the integration with the international market, the export of high value-added products such as photovoltaic products, marine engineering, high-end garments, modern home textiles, electronic appliances, and chemical products has rapidly expanded, and has become a pillar industry in the city’s economic development; home textiles, fitness equipment, and electric tools. Seawater products have become the characteristics of real estate industries, and have gradually become an internationally competitive industrial cluster, forming an export segment of billions of dollars. According to estimates, during the "11th Five-Year Plan" period, the highest contribution rate of foreign trade to GDP has reached 35%, directly stimulating nearly 400,000 jobs.
During the “Eleventh Five-Year Plan†period, Nantong’s foreign trade entered an accelerated period of improvement. The growth mode of foreign trade has been transformed in an all-round way, and the characteristics of high-end products, industrial clusters, and market diversification have become increasingly prominent. Mechanical and electrical products accounted for nearly 10 percentage points higher than that of textiles and garments. Breaking through the long-term “one-industry-only†status of textile and garments, electromechanical products have become the largest export commodity in the city; exports of high-tech products have increased by nearly 10 percentage points in five years. Lin Yang new energy solar cell exports from the breakthrough of zero to a leap to become the city's first export of more than one billion US dollars in the first major exporters, only six years. The number of companies that exported more than US$10 million in the city reached 242. Traditional manufacturing companies such as Xiaolong Heavy Industry, Hantong Shipbuilding, and Southern Star Home Textiles have set up R&D, warehousing, and sales windows abroad, and achieved a magnificent turn in selling products, selling technology, and selling services.
During the “Eleventh Five-Year Plan†period, the international trade environment was turbulent and complicated. How could Nantong’s foreign trade obtain a beautiful “report card�
The municipal party committee and the municipal government always regard the growth of foreign trade as the main engine of economic development and timely extend “the hand in hand†to maintain the stability of foreign trade. The municipal government was the first in the province to establish a “leading group for promoting stable growth in foreign tradeâ€. The Municipal Bureau of Commerce and the Bureau of Finance timely issued and improved relevant policies for urban districts to help enterprises cope with the financial crisis and guide enterprises to accelerate the transformation of foreign trade development methods. Qidong and Rugao Counties (cities) such as Hai'an also issued corresponding supporting policies. According to statistics, last year, 2,300 enterprises in our city received a total of 14 national, provincial, and municipal foreign economic and trade support promotion funds totaling 1.52 billion yuan.
Work together to promote the transformation and upgrading of foreign trade companies. Relevant departments are pushing companies to fine-tune their product mix, strengthen brand building, and increase market voice. Support and encourage enterprises to apply for compulsory technical standards, non-compulsory ecological standards certification, and social responsibility standards, etc. to break through foreign technical barriers to trade. Jiangshan Co., Ltd. was awarded the title of “China Export Famous Brandâ€. 16 brands of 16 companies received the title of “Jiangsu Export Famous Brandâ€. The counties (cities) of Qidong Electric Tools, Tongzhou Home Textiles, Rudong Sea Products, Chongchuan Sports Products, and other industrial clusters have stepped up the construction of export bases to form an advantage in the agglomeration of export industries.
Foreign trade companies have demonstrated their skills in the international trade arena. At the 108th Canton Fair last year, Nantong exhibited 440 booths, which was a three-fold increase in four years. With the subsidy policy for booths, more than 200 companies went abroad to participate in the exhibition; more than 1,500 companies joined e-commerce export platforms such as Alibaba and Made in China. Start an online business. Nantong Foreign Trade Insurance Co., Ltd. won the “337 investigation†lawsuit in the United States and became a classic case of “337 investigation†in the fair trade field.
The development of foreign trade has effectively promoted local economic development, optimized the industrial structure, and promoted employment. Through the integration with the international market, the export of high value-added products such as photovoltaic products, marine engineering, high-end garments, modern home textiles, electronic appliances, and chemical products has rapidly expanded, and has become a pillar industry in the city’s economic development; home textiles, fitness equipment, and electric tools. Seawater products have become the characteristics of real estate industries, and have gradually become an internationally competitive industrial cluster, forming an export segment of billions of dollars. According to estimates, during the "11th Five-Year Plan" period, the highest contribution rate of foreign trade to GDP has reached 35%, directly stimulating nearly 400,000 jobs.
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