Shandong Export Value Exceed Hundred Billion Dollars
Department of Commerce of Shandong Province informed that total export value of Shandong has been over one hundred billion in the first 10 months of this year, close to total value of last year. Meanwhile, growth of 3 indexes including export & import value, export value, and import value all surpass national average rates.
From January to October, the province's export & import completed $193.41 billion, up 26.4% over the same period of last year. Among this, export is $104.06 billion, raised 23.5%; Import is $89.36 billion, increased 30%. Export & import value, export value, and import value are respectively 2.1%, 1.5% and 3.1% higher than national average rate. View from data of October, growth of our province's export to developed economies markets slowed dowm; Export to emerging market countries raised rapidly.
The statistics also revealed that average price of imported goods raised 18.7%, average price for goods exported increased 11.5%.
Besides foreign trade, Lu enterprises also accelerate their overseas layout. In October, the province newly approved 24 foreign enterprises (institutions), Chinese agreement investment amounting to $140 million, and respectively up 4.3% and 49.7%. Among them, approved 5 new overseas resources development project, collected $79.91 million Chinese agreement investment, up by 25% and 81% separately, involving potassium exploitation field, cotton cultivation field, wood processing field, etc; Approved 11 new overseas development marketing network projects, collected $25.7 million Chinese agreement investment.
