The Hong Kong-Zhuhai-Macao Bridge is becoming a new channel for Zhongshan enterprises doing foreign trade.[Photo/Xinhua]

According to the data released on May 21 by Zhongshan Customs, the city's total exports and imports reached 77.21 billion yuan in the first four months, up 6.7% from a year earlier. Among nine mainland cities in the Greater Bay Area, Zhongshan ranked second, following Dongguan, in both foreign trade growth and export growth on year-on-year basis. The city's total exports amounted to 61.92 billion yuan, up 11.9% year-on-year; while the total imports dropped 10.2% to 15.29 billion yuan.

In the first four months, Zhongshan's exports and imports through general trade was 37.23 billion yuan, up 6%, and that in the form of processing trade was 34.64 billion yuan, down 4%.

Foreign-invested enterprises imports and exports reached 44.63 billion yuan, down 1.2%; private enterprises imports and exports amounted to 28.3 billion yuan, up 24.0%; state-owned enterprises imports and exports totaled 4.27 billion yuan, down 2.2%.

Other than trade with the US showing a decline, Zhongshan's trade with other major markets witnessed an increase in varying degrees. In the first four months of 2019, Zhongshan's total exports to the US reached 13.62 billion yuan, down 4.3%. The export volumes to the EU, ASEAN and Hong Kong were 13.39 billion yuan, 10.01 billion yuan and 8.14 billion yuan, up 13.8%, 16.9% and 12% respectively.

From January to April, Zhongshan's export of machinery and electronic products increased 10.3% year-on-year to 45.42 billion yuan, accounting for 73.4% of the city's total export value in the same period.

In April, Zhongshan's exports in the form of market purchasing trade stood at 3.957 billion yuan, with an average daily export value of exceeding 100 million yuan.

Pushed by market purchasing trade mode, Zhongshan enterprises had seen rises in trade value with countries involved in the Belt and Road. Statistics showed that in the first four months of 2019, total trade value between Zhongshan enterprises and the Belt and Road countries hit 19.6 billion yuan, with an 11% year-on-year growth.

The Hong Kong-Zhuhai-Macao Bridge is becoming a new channel for Zhongshan enterprises doing foreign trade. In the first four months, Zhongshan enterprises exported and imported a total of 2.63 billion yuan worth goods through HZMB.