13Jul

With the world econom 上海会所by unilateralism an

d protectionism, China will simplify procedures for both imports and exports and reduce customs clearance times, make full use

 上海会所品茶微信of statistical systems for cross-border e-commerce business and diversify the country’s export destinations.

Li said exports of high value-added mechanical and electrical products have maintained 上海会所

strong growth momentum in the first half of this year, boosted by the country’s ongoing industrial upgrading.

 上海会所品茶微信Year-on-year exports of portable computers rose by 11.4 percent, electronic passenger ca

rs rose by 91.9 percent and solar cells rose by 57.1 percent, according to customs officials, as

Chinese enterprises sought to tap more markets beyond traditional trade hubs such as the United States. 上海会所

Zhang Xiaoyi, vice-president of Guangdong-based Midea Group, one of China’s biggest home appliance manu

 上海会所品茶微信facturers, said the company has seen increasing sales in overseas markets in recent years. Last year, overseas sales rep

resented 43 percent of its total sales, and of these, half of the orders originated in economies involved in the BRI.

Trade with economies involved in the BRI outpaced total trade in the first half of this year, customs officials said, while imp 上海会所

orts from and export to BRI markets reached 4.24 trillion yuan. That represented growth of 9.7 percent year-on-y

 上海会所品茶微信ear, about 5.8 percentage points higher than overall trade growth, accounting for 28.9 of the country’s total trade.

Domestic sales also are on the rise, especially in high-tech products, given China’s industrial upgrades amid rising domestic demand.

Zhou Jialin, deputy general manager of Shengyi Technology Co, the world’s second-largest producer of copper-clad lam 上海会所

inate materials by production volume, said the city of Dongguan, Guangdong province, once was an exp

orter of low-end products. But now, export volume is not the only standard to evaluate a company’s competitiveness. 上海会所品茶微信

“Domestic demand from companies such as Huawei Technologies Co has increased, and a number of foreign com

panies have set up their factories in China to cater to domestic demand instead of exporting overseas,” Zhou said.

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