Since the beginning of this year, imports and exports in most parts of our province have remained basically stable, with some areas growing significantly. For example, in Wuxi, exports of IT products and solar cells have increased significantly, and the import and export positions have been stabilized. From January to June, the city's import and export was 208.11 billion yuan, a slight decrease of 0.6% year-on-year. As an important home textile base in our province, the export of traditional labor-intensive industries in Nantong shows strong resilience, and the export of electromechanical products such as solar cells, integrated circuits and diodes has increased significantly. In the first half of the year, the city's imports and exports increased by 4.4% year-on-year, totaling 987.7. 100 million yuan. Affected by the surge in exports of traditional paper, labor-intensive products and integrated circuits, Zhenjiang achieved import and export of 31.81 billion yuan, an increase of 8.1% year-on-year. Taizhou City also experienced a significant increase in exports of ships and traditional labor-intensive products, with imports and exports only down 0.1% year-on-year.
Look at the changes through numbers. At the same time, the overall scale of foreign trade in our province has remained basically stable, and the effectiveness of structural reforms on the supply side of foreign trade has also emerged. From the perspective of trade patterns, the general trade has grown against the trend and the proportion has increased. In the first half of the year, the province's import and export by means of general trade was 738.84 billion yuan, an increase of 4%, accounting for 47.4%, an increase of 3.3 percentage points year-on-year. Not long ago, Wuxi Taihu Yangshan Water Peach Technology Co., Ltd. successively exported two batches of peaches to Hong Kong, totaling 17 boxes. Although the export value is not large, it is a new breakthrough in the general trade export of peaches. Due to the short shelf life of the peaches and the inability to store and transport, the peaches cannot be exported to Hong Kong, China, Macau, Singapore and other places for a long time. With the help of inspection and quarantine and local agriculture and forestry departments, we will do a good job in registration of orchard, epidemic monitoring, and pesticide residue detection in advance, and open a 24-hour “green channel†to ensure the release of the same day on the same day, and use the cross-border e-commerce platform and direct flights. The charter is shipped in time, so that the peach can reach the hands of Hong Kong consumers within 24 hours. In comparison, the import and export of processing trade continued to be sluggish. In the past six months, the import and export value of processing trade in the province fell to 650.01 billion yuan, down 5.1%, accounting for 0.9 percentage points.
The extrusion of the processing sector by the external demand market has forced a batch of Canadian trade enterprises to quickly transform and accelerate the cultivation of new growth points for exports. In Kunshan City, where processing trade is relatively concentrated, through the expansion of the global maintenance/remanufacturing industry, 1078 batches of imported/remanufactured imported batches in the first half of the year, with a value of US$426 million, promoted the transformation from “manufacturing†to “serviceâ€. Shishuo Electronics has established a million-level Apple mobile phone repair and remanufacturing production base with an annual production capacity of more than 1 billion US dollars. After the master computer obtained the global maintenance qualification for non-self-produced products this year, the global maintenance business order volume in the first half of the year was nearly 200 million US dollars.
In terms of the market, trade with the major trading partners such as the United States, Europe and South Korea remained stable. The import and export volume in the first half of the year was 251.43 billion yuan, 254.62 billion yuan, and 171.10 billion yuan, up -1.6%, 1.1% and -0.9% year-on-year. There were some declines in other trading partners around the world. Imports and exports to Japan, ASEAN, Hong Kong, and Taiwan were 153.50 billion yuan, 174.25 billion yuan, 85.22 billion yuan, and 118.56 billion yuan, down 4.8%, 2.9%, 4.6%, and 10.7%. In contrast to the decline in imports and exports in the traditional markets such as the US and Japan, the import and export of some countries along the “Belt and Road†has increased significantly, with the import and export of the five countries of Central Asia, the eight countries of South Asia and the six countries of Central and Eastern Europe increasing respectively. 5.4%, 10.8% and 3.1%.
From the perspective of products, exports from industries such as IT, photovoltaics and labor-intensive industries are relatively stable. Under the weak demand in the international market, corporate orders are gradually polarized and concentrated in advantageous enterprises. The province has a strong manufacturing base, and there are many leading industries and leading enterprises. Some of the IT industry, photovoltaic industry and some labor-intensive industries have obvious export advantages. The province's portable computers and tablets exported 54.44 billion yuan and 16.07 billion yuan respectively, the former slightly down 0.1% year-on-year, and the latter increased by 9.6%. In the same period, the export of solar cells was 19.29 billion yuan, a slight decrease of 0.4%; the export of traditional labor-intensive products such as textiles and clothing was 165.35 billion yuan, an increase of 4.5%. According to industry analysts, this has laid a foundation for the overall stability of the province's import and export, and also shows that the relevant industries in our province have strong basic strength and good transformation and upgrading.
Professionals analyzed that the recent global trade showed signs of recovery, which formed certain support for the import and export of goods in our province in the second quarter. However, the international and domestic economic situation is still severe and complicated in the future, and there are still many uncertain factors affecting the development of foreign trade. In May and June, the export leading indexes were 33.1 and 32.7 respectively, which decreased for the second consecutive month, indicating that China's exports in the third quarter are facing further downward pressure.
Experts said that in addition to the macro environment and external factors, the pace of industrial restructuring in our province needs to be accelerated. Taking processing trade as an example, it accounted for 41.7% of the province's foreign trade market. The processing trade is sensitive to changes in external demand and domestic production costs, and the test of capacity transfer will still be very severe. Although some strategic emerging industries have made breakthroughs, they still have a distance from the formation of scale production capacity and the emergence of foreign trade exports. To achieve positive growth in foreign trade throughout the year, we need to strengthen our cohesive force, focus on promoting structural reforms in the supply side of foreign trade, consolidate the advantages of traditional development, foster new development momentum, and do everything possible to achieve a stable and improved import and export.
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