Gansu's foreign trade hits 27.71 billion yuan in first three quarters

Foreign trade import and export at the comprehensive bonded zone continued to maintain exponential growth. In the first three quarters, imports and exports at the comprehensive bonded zone of Lanzhou New District was 1.83 billion yuan, a year-on-year increase by 1.9 times. The increase was 97.1 percentage points higher than the average growth rate of the national comprehensive bonded zone, which drove provincial imports and exports by 4 percentage points and became a "booster" for stable foreign trade. Among them, exports were 1.18 billion yuan, an increase by a factor of 1.8, and imports were 650 million yuan, double the previous year.

The import and export of bonded logistics grew rapidly. With the continuous improvement of the functions of special customs supervision areas and bonded supervision places, the businesses of bonded imports, export tax rebates, bonded exports, bonded warehouses and re-exports have developed rapidly. In the first three quarters, the import and export of bonded logistics in Gansu province increased rapidly and the proportion of it increased as well, and the structure of trade continued to optimize. The import and export of bonded trade in the province increased 21.1 times, accounting for 4 percent of the province's total import and export trade value, driving growth of 3.5 percentage points.

The structure of import and export commodities is more optimized. In the first three quarters, the import of mineral products in Gansu was 11.72 billion yuan, an increase of 18.3 percent; the import of mechanical and electrical products was 1.94 billion yuan, up by 6.6 percent; the import of nickel-cobalt materials was 9.7 billion yuan and the above three commodities accounted for 80.8 percent of the province's total import value.