Hubei'S Foreign Trade Growth Is Increasing.

The provincial commerce department revealed yesterday that our province's foreign trade has gone up, and this year it expects to import and export $42 billion, an increase of 15% over the previous year, a record high.

Exports will reach $26 billion, an increase of 14% over the same period, exceeding the annual target.

It also exceeded US $16 billion for the first time, and the proportion of imports and exports was more balanced.

Data show that this year our province

The growth rate was higher than the average level of the six central provinces and the national average level, and the total export volume of 17 cities and municipalities all increased, of which 14 of the 14 cities and cities were exported more than 10%. In the first half of the year, the negative growth of Wuhan City performed well in the past 3 months, and the annual export growth rate reached 9.7%.

Our province's exports to all continents are increasing, of which Asia, Europe,

The increase is over 15%.

In particular, thanks to the implementation of the strategy of "one belt and one way" and free trade area, our province's export to Central Asia has increased by 13%, and its export to Hong Kong and Macau has reached 17%.

The six main categories of commodities exported by our province increased.

Among them, the export of high-tech products, light industrial products and textile and clothing increased by more than 20%, and the export of chemical and mechanical and electrical products increased by more than 12%, and the export of agricultural products increased by 7.8% over the same period last year.

From the proportion of exports, private enterprises accounted for half of the total export volume, an increase of 24%, which changed the export pattern of private enterprises, foreign enterprises and state-owned enterprises in the past three days.

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"The ruble devaluation has lost 30% of our accounts receivable. Now we are negotiating with our clients to use RMB settlement so that we can reduce the losses."

In December 18th, Peng Xinchun, general manager of Xinjiang Sanbao Group Co., Ltd., told reporters that this week's ruble depreciated the company's accounts receivable from nearly $200 thousand to about $130 thousand.

Since the beginning of this week, the Russian Ruble has been seriously devalued by the international situation, which has caused Xinjiang's foreign trade enterprises to "get hurt".

He Jiang, manager of Huoerguosi ESCO International Freight Co., Ltd., told reporters: "at present, our company's orders have slipped by 30%.

The company is headquartered in Seoul, South Korea. In 1996, it began to conduct cross-border trade with the five Central Asian countries. The goods from Korea and Japan went through Xinjiang Huoerguosi port to five Central Asian countries, and pit goods were pferred in Xinjiang.

After the impact of the ruble depreciation, the number of export commodities has decreased, and many small local foreign trade enterprises are also struggling and facing bankruptcy.

Peng Xinchun, general manager of Xinjiang Sanbao Group Co., Ltd., referring to the recent foreign trade situation, said that there was not much direct trade between the company and Russia, and several cooperation projects that had been negotiated with Russia had to temporarily stop after the ruble depreciated.

At present.

The economies of Central Asian countries such as Kazakhstan, which have many business cooperation with the company, have also been affected, but they are not yet evident because of lagging reflection.

Peng Xinchun said that the economic sanctions imposed on Russia by the US led western countries this year have brought market opportunities to Chinese enterprises. The ruble depreciation has allowed Chinese foreign trade enterprises to stop in front of opportunities. If we can reach a consensus on RMB settlement in terms of currency settlement, the losses of enterprises will be reduced. "The company is consulting with the Central Asian countries' customers. If we can use RMB settlement, we will reduce the risk of enterprises."

Reporters learned that China and Central Asian countries have signed agreements on the use of RMB settlement. However, in the actual business activities, they are rarely used. Under the situation of the depreciation of Russian rouble and the settlement of US dollar difficulties, RMB settlement is expected to be widely used.