From January to October this year, the import and export volume of Chenzhou City totaled 1.149 USD, a year-on-year increase of 50.41%. It is the first time that this city has exceeded one billion USD in this regard. The import and export volume of processing trade reached 274 million USD, up 114.9%, with the growth rate ranking the second in Hunan Province. And the proportion of processing trade volume in foreign trade volume tops in the province.
 
In recent years, Chenzhou has adhered and given priority to the strategy of expanding opening up and taken a series of effective measures to promote the rapid development of foreign trade.
 
One the one hand, it has intensified the construction of platforms. It has succeeded in getting access to the 34 policies enacted by the CPC Chenzhou Municipal Committee and Chenzhou Provincial People's Government for taking the lead in undertaking industrial transfer. In addition, the construction of standard factory buildings has made substantial progress, laying a solid foundation for the rapid development of foreign trade.
 
On the other hand, it has endeavored to carve out the market. Enterprises have been vigorously spurred to exploit new market and develop export business, with governmental assistance in export declaration.

Translator: Zhou Jingqi