Customs statistics show that in the first 10 months of this year, the total value of import and export of private enterprises in Zhejiang Province reached US$108.73 billion, and the import and export of private enterprises accounted for 52.8% of the total import and export value of Zhejiang Province. The year-on-year growth rate of import and export of private enterprises in Zhejiang Province was 43%, which was faster than the average growth rate of the province by 7.9 percentage points.
Customs statistics show that in the first 10 months of this year, Zhejiang's private enterprises exported 84.58 billion U.S. dollars, an increase of 43.2% year-on-year, accounting for 57.3% of the province's total export value; imports were 24.15 billion U.S. dollars, an increase of 42.4% year-on-year, accounting for the province's total import value. 41.2%.
According to Ge Yibo, a statistics expert from Hangzhou Customs, the growth rate of foreign trade of private enterprises in Zhejiang Province led the province during the “Eleventh Five-Year Plan†period. From 2006 to 2009, Zhejiang's private enterprises' foreign trade import and export grew at an average annual rate of 22.4%, faster than the average annual growth rate of foreign trade of the province at the same period of 7.4 percentage points. At the same time, the proportion of import and export of private enterprises in Zhejiang’s foreign trade has also increased sharply from 39.1% at the end of the “Tenth Five-Year Plan†period to 52.8% in the first ten months of this year. This has surpassed foreign-invested enterprises as the import and export of Zhejiang Province. A major business entity.
"The role played by private enterprises in the development of foreign trade in Zhejiang Province has changed from chasers during the "Tenth Five-Year Plan" period to leaders of the "Eleventh Five-Year" period," said Ge Yibo.
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