China Financial Daily

“Wenzhou-style breakthrough”: Synchronization recovery of the truth of domestic and foreign trade
Wenzhou Latest customs statistics show that in July, Wenzhou City, total foreign trade volume reached 1.34 billion U.S. dollars, down 8.1 percent – significantly less than the shrinkage rate of foreign trade in Zhejiang Province, the latter decline was 16.2%.

That same month, Wenzhou’s foreign trade volume of imports increased by 12.6%, higher than the average growth level of Zhejiang Province, more than 20 percentage points. Import and export trade in the eastern coastal areas have not yet get rid of the “double down” situation, Wenzhou has the lead in realizing the “one drop a liter.”

According to customs statistics, in July footwear, apparel and clothing accessories, synthetic leather exports grew 2.7% year on year, 10%, 6%, while glasses, low-voltage electrical appliances and other characteristics of the pillar industries have also started to re-export of lead, Wenzhou, related companies overseas Order a “sudden increase.”

“Wenzhou’s foreign trade is being synchronized within a recovery.” Wenzhou City, IRS officials told reporters that the city’s above-scale enterprises of the sales value fell from June to start closing, the phenomenon turned up in some specific industries, including shoe storage and other taxes achieved a positive growth year on year.

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