Hundred percent increase in automobile and parts exports in the first half of Hubei Shiyan

On July 27, 2013, the reporter learned from the Shiyan City Bureau of Commerce that the Shiyan City's foreign trade exports have experienced a strong growth in the first half of the year, with nearly 85 million U.S. dollars worth of autos and auto parts exports, a year-on-year increase of more than 50%; Shiyan City has used foreign capital to achieve 14262 Ten thousand US dollars, completed the first row in Hubei province.

Shiyan City Bureau of Commerce statistics show that in the first half of the year, Shiyan City's foreign trade exports showed a strong trend of contrarian growth, achieved an export value of 18,946,000 US dollars, an increase of 43.4%, an increase of third place in the province; the use of foreign funds to achieve 142620000 US dollars, year-on-year The growth rate was 8.4%, and the progress was ranked first in the province; the city’s total retail sales of consumer goods was 22.985 billion yuan, up 11.7% year-on-year; 4 overseas investment companies were newly approved, totaling 10, and total foreign investment reached 67.86 million US dollars, up year-on-year. It has increased by 70% and achieved new breakthroughs in cooperation with foreign economies in Central Asia and South America.

"Since 2012, China's auto parts exports have slowed down and the growth has been sluggish. To expand exports, we have actively adjusted the structure of our export products and adopted a strategy of large orders for quantity and small orders to protect our profits, both to maintain market size and ensure The company's profits. It is understood that in the first half of the two-star Dongfeng Tyre Co., Ltd. tire average monthly export of about 7 million US dollars, the first half of the cumulative export of 41.248 million US dollars, an increase of 26%.

The vehicles and parts companies headed by Double Star Dongfeng Tire Co., Ltd. contributed to the strong growth of automobile and auto parts exports in the city. From January to June, the export value achieved nearly 85 million US dollars, accounting for 45.7% of the total export volume of Shiyan City. Increased by more than 50% year-on-year. In addition, in the first half of the year, affected by the export tax rebate policy of edible fungi, the agricultural products of Shiyan City exported nearly 20 million U.S. dollars, which further reduced the year-on-year decline, which means that the export of agricultural products in Shiyan City gradually recovered.

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