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Hunan’s export growth rate surges as the highest in China



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Hunan’s export growth rate surges as the highest in China

  Hunan‘s foreign trade increased from 3.19 million US dollars in 1985 to 46.53 billion US dollars in 2018; the actual use of foreign capital increased from 260,000 US dollars in 1983 to 16.191 billion US dollars in 2018; more than 1,570 Hunan enterprises went aboard to 93 countries and regions。 The accumulated investments of overseas contracts were 23.382 billion US dollars, ranking the first in the central and western regions of China; the high-speed rails extended to 1,730 kilometers, ranking the 4th in China; aviation routes achieved full coverage to the five continents。。。

Hunan’s export growth rate surges as the highest in China

  The second press conference of Hunan for celebrating the 70th anniversary of the People‘s Republic of China was held by Hunan Provincial Government Information Office on the morning of September 4。 The achievements and the development of Hunan province’s business and economy were briefly presented by Xu Xiangping, secretary of the CPC Committee of the Provincial Department of Commerce。 He demonstrated a series of data for indicating the opening up and the rise of Hunan province。

Hunan’s export growth rate surges as the highest in China

  Hunan‘s opening up and cooperation has achieved a great leap from “the close-door construction” to “the embrace of global cooperation” over the past 70 years。 Foreign trade has achieved a leap from US$ 3.19 million in 1985 to US$ 46.53 billion in 2018。

  In July 2019, Hunan‘s foreign trade totaled 42.22 billion yuan, with an increase of 78.1%, by creating a new record of monthly import and export volume; from January to July of 2019, the exports increased by 63.1% which is the highest growth rate in China。

  The scale of foreign investments in Hunan has kept expanding since the introduction of the first joint venture of Yuexiang Qiangfeng Co。, Ltd。 in 1981。

Hunan’s export growth rate surges as the highest in China

  Up to now, more than one-third of the world‘s top 500 companies have invested in Hunan。 The actual use of foreign capital in Hunan has increased from 260,000 US dollars in 1983 to 16.191 billion US dollars in 2018, which doubled more than 6 times。

  More than 1,570 Hunan enterprises invested in 93 countries and regions, along with Valin‘s acquisition of FMG, Zoomlion’s acquisition of CIFA, Sany‘s acquisition of Putzmeister, and Truking’s acquisition of ROMACO, which have international influences。 The cumulated investment for overseas contracts reached 23.382 billion US dollars, which made Hunan ranking first in the central and western regions of China。


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标题:Hunan’s export growth rate surges as the highest in China


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