From January to August, Changzhou’s total foreign trade value reached 244.82 billion yuan, representing a year-on-year increase of 14.7%. The growth rate ranked second in Jiangsu province and first in southern Jiangsu. Specifically, exports totaled 200.16 billion yuan, up 18.4%, while imports amounted to 44.66 billion yuan, up 0.7% year on year. In August alone, the city’s total imports and exports reached 33.42 billion yuan, increasing by 22.8% from a year earlier and recording the highest monthly growth rate in the province. Of this total, exports stood at 28.19 billion yuan, up 28.7%, while imports reached 5.23 billion yuan, down 1.5%.
Private enterprises remained the main contributor to Changzhou’s foreign trade. From January to August, their total imports and exports reached 155.97 billion yuan, up 27.6% year on year and accounting for 63.7% of the city’s total. The sector’s growth rate was 12.9 percentage points higher than the citywide average.
Changzhou’s trade structure became more diversified during the period. Trade with the European Union, ASEAN, and Africa grew by 16.7%, 32.9%, and 27.1%, respectively. Trade with countries along the Belt and Road and with RCEP member states increased by 18.7% and 16.3%, respectively.
Key commodities continued to provide solid support for foreign trade growth. From January to August, imports and exports of steel, mechanical and electrical products, and chemical products reached 8.32 billion yuan, 148.94 billion yuan, and 25.29 billion yuan, up 70.7%, 21.1%, and 24.9%, respectively. Together, these three categories contributed 1.6 percentage points to the city’s overall trade growth.
Exports of the “New Three” products — new energy vehicles, lithium-ion batteries, and photovoltaic products— maintained rapid growth. From January to August, total exports in this category amounted to 33.81 billion yuan, representing an increase of 111.4% year on year. Exports of new energy vehicles rose nearly fourfold, contributing 9.2 percentage points to overall foreign trade growth and strengthening the role of emerging industries in supporting high-quality development.
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