Open Governance
Sichuan Sees Year-on-year Trade Growth of 8.2% in the First 11 Months

In the first 11 months of this year, the total import and export value of Sichuan's trade in goods was 922.05 billion yuan, ranking eighth in China, and with a year-on-year increase of 8.2%, which was the fourth highest in the country. Exports reached 565.85 billion yuan, up 11.9% year on year; imports amounted to 356.20 billion yuan, up 2.9% year on year, according to Chengdu Customs District on December 12. 

Since this year, Sichuan's foreign trade has overcome many unstable and uncertain factors, and maintained steady growth. In November, the import and export volume arrived at 95.49 billion yuan, with a month-on-month increase of 4.1%. This is the second time that Sichuan's trade has exceeded 90 billion yuan in a single month after October, and the monthly import and export scale hit a new high within the year. 

In the first 11 months, the market vitality of Sichuan's private enterprises was further stimulated. They secured imports and exports of 308.43 billion yuan, up 34.7% year on year, which was 26.5 percentage points higher than the provincial growth rate, and accounting for 33.4% of Sichuan's foreign trade. The number of private enterprises engaged in import and export has also increased significantly. In the first 11 months, there were 6,244 private trade enterprises with actual performance in Sichuan, an increase of 704 over the same period last year. The endogenous driving force of trade has been continuously strengthened. 

It is worth mentioning that the import and export scale of Leshan and Meishan exceeded 10 billion yuan this year for the first time. In the first 11 months, the import and export scale of Meishan and Leshan, driven by their respective advantageous industries, reached 10.52 billion yuan and 10.15 billion yuan respectively, with a year-on-year increase of 41.1% and 27.6% respectively. So far, the number of cities with foreign trade volume of more than 10 billion yuan in Sichuan has rose to 7. 

In the first 11 months, Sichuan's imports and exports with South Korea and Australia, driven by the fast development of lithium battery industry, grew rapidly. The imports and exports with South Korea were 59.51 billion yuan, up 33.4% year on year, and those with Australia were 31.00 billion yuan, up 1.2 times year on year.

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