Henan's Foreign Trade Growth Rate Ranks Third Nationwide in 2020
News from Zhengzhou Customs on January 15th -- Compared with the same period in 2019, the total import and export volume of Henan's foreign trade has increased by 16.4 percent to 665.48 billion yuan last year, ranking 10th and remaining 1st among all the provinces in China and Central China respectively. The province ranks the 3rd in terms of growth rate, which is 14.5 percentage points higher than the national average.
Henan's total import and export value exceeded 660 billion yuan for the first time in 2020, hitting a new record high, and maintained over 500 billion yuan in terms of scale for 4 consecutive years, said a source from Zhengzhou Customs.
Which countries and regions were the largest trade partners of Henan and which experienced faster growth? According to the data provided by Zhengzhou Customs, the US, the ASEAN and the EU (excluding the UK) became Henan's biggest trade partners in 2020 with the volume of 133.45, 86.8 and 84.44 billion dollars respectively.
Who contributed the most and who manifested the fastest growth? In terms of import and export value, foreign-invested enterprises ranked first whose contribution was more than 60 percent of the total, while in terms of growth rate, private enterprises were in the first place. To be specific, the import and export reached respectively by foreign-invested, private and state-owned enterprises are 410.07 billion yuan, a year-on-year increase of 15.7 percent; 202.07 billion yuan, 19 percent; and 47.84 billion yuan, 5.6 percent.
Was the positive growth during the COVID-19 caused by Henan's foreign trade structure and quality? On the whole, its processing trade posted a double-digit increase, while its general trade declined. In 2020, the import and export value of processing trade increased by 16.9 percent to 419.56 billion yuan (accounting for 63 percent of the provincial total volume), of general trade rose by 9.1 percent to 219.09 billion yuan (32.9 percent of the total), and of bonded logistics trade up 199.3 percent to 22.63 billion yuan.
What commodities achieved largest export and import quantity? Mechanical and electrical products ranked first, in which mobile phone exports reached 231.48 billion yuan. The import values of integrated circuits, metallic minerals and ores were relatively higher, with each standing at 98.96 billion yuan and 35.19 billion yuan.
Which city was at the top in terms of volume and growth rate? Overall, 13 prefecture-level cities (demonstration area) in Henan reported positive growth, with Zhengzhou, Jiyuan and Luoyang ranking the top three, of which Zhengzhou contributed 74.3 percent (494.64 billion yuan) to the provincial total volume. Meanwhile, in terms of growth rate Jiyuan, Hebi and Zhumadian ranked the top three among all cities in Henan.
Henan's foreign trade could not hit a new record without favorable policy, open platform and improved business environment.
"Last year, we formulated 5 special plans with 61 specific measures to ensure rapid and healthy development of Henan's foreign trade, including stabilizing foreign trade amid pandemic and speeding up the development of China-Europe freight train service," said the source from Zhengzhou Customs. Supported by Zhengzhou Customs, Luoyang Comprehensive Bonded Zone, Kaifeng Comprehensive Bonded Zone, Xuchang Bonded Logistics Center (Type B) and Port Service for Imported Drugs at Zhengzhou Airport were approved successively; Zhengzhou Jingkai Comprehensive Bonded Zone (Phase I) and Minquan Bonded Logistics Center (Type B) have passed official appraisal as well. Besides, 24 affiliated institutions to Zhengzhou Customs across Henan have started operation in 2020.
“去年我们细化出台了‘防疫情稳外贸’、支持中欧班列发展等5个专项方案61项具体措施，服务河南外贸快速健康发展。”郑州海关相关负责人说。在郑州海关推动下，洛阳综保区、开封综保区、许昌保税物流中心（B型）、郑州药品进口口岸先后获批，郑州经开综保区（一期）和民权保税物流中心（B型）先后通过正式验收。2020年，全省24个隶属海关机构全部正式运行。（中文来源/河南日报 翻译/赵汉青 审校/丁岚）