Guangzhou trade surplus of 661 million U.S. dollars in the first quarter increas

In the first quarter, Guangzhou Jin Export 18.251 billion U.S. dollars, compared with growth of 15.3% over the same period in 2007. Which the trade surplus was 6.61 billion U.S. dollars, up 70.3%.

According to Nanfang Daily reported on May 27, from the City Bureau of Statistics noted that in the first quarter, imports and exports 18.251 billion U.S. dollars in Guangzhou, more than 15.3% increase over the same period in 2007. Which the trade surplus was 6.61 billion U.S. dollars, up 70.3%. According to reports, the trade surplus mainly due to early rain and snow led to the export enterprises Order Backlog at the same time lead late in the first quarter of imports relative shortage of power. In addition, a quarter of the actual foreign direct investment rose by 7.9%.

According to customs statistics, imports and exports a quarter of 18.251 billion U.S. dollars in Guangzhou, more than the same period in 2007 (the same below) increased 15.3%. Exports 9.456 billion U.S. dollars, up 16.6%; imports 8.795 billion U.S. dollars, up 13.9%. Volatile export growth, import growth was stable. Chinese New Year holidays, and snow affected by bad weather and other factors, the city appeared February tight electricity, transportation difficulties, enterprises underemployment, limited the ability of other issues orders, export growth volatile. 3 months before the month exports rose by 24.7%, 0.5% and 22.9%, the monthly growth rate fluctuates more than 20 percentage points. In the first quarter, exports of goods in bulk in the city, pearls, precious and semi-precious stones, furniture and parts, garments and clothing accessories, shoes, monthly export growth rate fluctuations, but relatively steady growth in imports, import growth of 13.8%, respectively, 16.0% and 13.9%.

Statistics show that a quarter of the city's trade surplus was 661 million U.S. dollars, up 70.3% surge. Surplus is mainly due to substantial growth in rain and snow, has led to export orders backlog of business, while leading to a quarter of a relative shortage of post-import power. A quarter of the total import and export surplus accounted for 3.6%, respectively, lower than the provincial and national average 12.1 and 3.7 percentage points.

A quarter of the development of rapid export of general trade, processing trade export slowdown. General trade exports 4.163 billion U.S. dollars, up 20.0%, accounting for 44.0% of the city's total exports, export growth was higher than the city average of 3.4 percentage points. Processing trade exports 4.956 billion U.S. dollars, up 10.7% growth rate lower than 9.3 percent of trade. Among them, the processing and further export growth slowed, exports 1.288 billion U.S. dollars, up 0.9% year on year growth rate down 11.4 percentage points; feed to maintain rapid development of export processing, export 3.668 billion U.S. dollars, up 14.7%. Guangzhou foreign trade import and export value ranks sixth in major cities.

According to the Ministry of Commerce statistics, set up a quarter of the city approved 243 foreign direct investment enterprises, 1.628 billion U.S. dollars of contracted foreign capital, an increase of 9.3%; actually utilized 647 million U.S. dollars, an increase of 7.9%.

In the first quarter, the city's foreign investment scale, obvious effects of large projects to bring along. The average contractual foreign direct investment of foreign capital 6.7 million U.S. dollars, compared with same period last year 970 thousand U.S. dollars, the average contractual foreign investment projects were widening. Approved a total investment of 1,000 million U.S. dollars over 59 large projects (including a new batch of 33, the increase of 26), involving contractual foreign capital 1.382 billion U.S. dollars, up 18.0%, accounting for the city's contracted foreign investment of 84.9%. Approved large projects, the average project was 23.42 million U.S. dollars of contracted foreign capital is the city's contractual foreign investment the main driver of growth.

In addition, the services attract investment to accelerate the pace of manufacturing attract investment a "double down." Services contractual foreign capital 890 million U.S. dollars, up 33.4%; the actual use of foreign investment 453 million U.S. dollars, up 11.5%. One real estate 471 million U.S. dollars of contracted foreign capital, up 42.0%; the actual use of foreign investment 357 million U.S. dollars, up 10.4%. Modern services, the contracted foreign investment increased by more than 1 times the industry have the information transmission, computer services and software industry, wholesale and retail trade, hotels and catering industry rose by 1.7 times, 1.5 times and 1.4 times; the actual use of foreign investment increased by more than one times the accommodation and catering industry and scientific research, technical services and geological prospecting industry. Manufacturing contracted foreign investment 723 million U.S. dollars, down 9.9%; actually utilized 188 million U.S. dollars, down 0.7%.

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