Shaanxi Import and Export Value Exceeded 84.7 Billion in H1
Date: 2015-8-18

The foreign trade of Shaanxi showed the steady growth by the end of June, with foreign investment rising despite the recession. And the import and export value of Xi’an accounted for 92.4% of the province’s total, ranking the first in the province, according to the Provincial Bureau of Statistics.
In the first half, the import and export value of Shaanxi reached 84.785 billion yuan, up by 0.6% year on year, 4.6 percentage points higher than the first quarter. In June, the province’s import and export value has amounted to 14.045 billion yuan, up by 14.1%, of which, 7.275 billion yuan was the export value, and 6.788 billion yuan was the import value, up by 2.6% and 29.6%, respectively. The trade surplus was 469 million yuan.
Meanwhile, the foreign investment in the province realized the growth in newly-established companies and actual use of foreign capital. In the first half, the newly-approved foreign-funded companies have amounted to 62, up by 10.7%, with the actual use of foreign capital hitting $2,314.29 million, up by 12.9%, 7.9 percentage points higher than the first quarter. Xi’an is the major destination of foreign capital. In the same period, the actual use of foreign capital of Xi’an hit $2,011.92 million, up by 8.6%, accounting for 86.9% of the province’s total.

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