Five Hunan Cities on 2019 China¡¯s Top 100 Foreign Trade Cities List

2020-08-03
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Recently the 2019 China¡¯s Top 100 Foreign Trade Cities List was released by the China Customs magazine. The list was based on comprehensive competitiveness in foreign trade for 2019. A total of 297 cities were evaluated by the statistical department of the Chinese General Administration of Customs, 171 of which had a foreign trade growth rate of more than 5% and 128 of which had a growth rate of more than 10%.

Twenty-five indexes of five aspects were taken into consideration, including capability, industrial structure, profits, development and potential of foreign trade.

Five Hunan cities made the list. Changsha ranked 32 with a total score of 71.9, advancing one place in the ranking over the previous year. Yueyang, Xiangtan, Henagyang, and Chenzhou ranked 36th, 49th, 64th, and 81st respectively, with a total score of 71.6, 70.9, 70.5, and 70.0.

The listed five cities reflects the overall performance of Hunan¡¯s foreign trade.

In 2019, the total import and export value of Hunan hit a record high to 434.22 billion yuan, up 41.2% over the previous year. The growth rate ranked first nationwide.

In the first half of this year, Hunan¡¯s foreign trade and investment increased in spite of the adverse situation. The total import and export value hit 208.07 billion yuan, up 13.4%. The growth rate ranked third in the country. Hunan¡¯s actually utilized foreign investment for this period rose 8.6% to 10.4 billion USD. Its foreign direct investment in actual use reached 680 million USD, with the growth rate ranking first in central China.

Source: enghunan.gov.cn