It is learned from Zhongshan Customs that the city’s import and export volume for the first three quarters of this year totaled 200.86 billion yuan, seeing a substantial growth compared with the same period of last year. In particular, import from and export to the countries along “The Belt and Road” region increased rapidly, bringing about an overall rise in Zhongshan’s foreign trade volume. 

Zhongshan’s total foreign trade volume was 223.7 billion yuan last year. But this year the foreign trade volume had exceeded 200 billion yuan in just 9 months’ time. According to the analysis of Zhongshan Customs, the substantial growth of Zhongshan’s foreign trade was attributed to the recovery of global economy. 

According to statistics, during the first 9 months of this year, Zhongshan’s foreign trade with the US, the EU, the ASEAN and Japan was 41.99 billion yuan, 32.25 billion yuan, 26.04 billion yuan and 11.69 billion yuan respectively, showing a growth rate of 21.9%, 31.2%, 60.8% and 22.8%. But the trade volume with Hong Kong dropped 7.2% to 22.01 billion yuan.

Large enterprises provided great support to and become the driving fore behind the foreign trade growth. 

Over the past few years, against the backdrop of “the Belt and Road Initiative”, Zhongshan’s enterprises had developed by leaps and bounds. According to the statistics of Zhongshan Customs, in the first three quarters Zhongshan’s import from and export to the countries along along “The Belt and Road” region had seen stable growth. For example, Zhongshan’s foreign trade with India, Russia, Saudi Arabia and the United Arab Emirates grew by 41.9%, 53.6%, 60.6% and 46.6% respectively, all with over 40% export growth.