Yongkang’s B&R Development
According to the Yongkang Office of Jinhua Customs, Yongkang achieved a total import and export value of 7.19 billion RMB in the first quarter of 2019, a year-over-year increase of 10.03%. Yongkang’s total Q1 export volume was 7.14 bn RMB, an increase of 12.4%, and exports to countries along the Belt and Road (B&R) reached 2.45 bn RMB, an increase of 9.35%. B&R countries have become Yongkang’s largest export destinations.
Out of the past three months, March’s export volume was particularly notable. In March, Yongkang reached a total import and export value of 1.88 bn RMB, an increase of 45.1%. The exports amounted to 1.86 bn RMB, an increase of 51.9%.
Chen Chengjin, deputy general manager of Zhejiang Safun Industrial Co., Ltd., notes that Yongkang’s manufacturing enterprises achieve excellent development at the same time as benefiting countries along the B&R. Zotye International Automobile Trading Co., Ltd. has also seized this opportunity, building assembly plants in countries along the B&R and selling China-made automobiles abroad. (By Wu Junyong, translated by Jin Haiqiong, edited by Kendra Fiddler)