Hangzhou’s foreign trade up 10.4% in Jan-July

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Customs officers inspect a factory in Hangzhou, Zhejiang province. [Photo/Zhejiang Daily]

Hangzhou’s exports and imports from January to July were valued at 449.87 billion yuan ($65.68 billion), up 10.4 percent year-on-year, according to local customs on Aug 24.

The city’s foreign trades with the European Union, the United States, and the Association of Southeast Asian Nations were valued at 13.29 billion yuan, 9.41 billion yuan, and 8.86 billion yuan, respectively.

The city’s exports to Africa and India grew by 61.7 percent and 79.5 percent, respectively.


Customs officers inspect a factory of Hangzhou Cheerday Brewery Co. [Photo/Zhejiang Daily]

From January to July, Hangzhou Cheerday Brewery Co exported beers worth 23.05 million yuan to countries participating in the Belt and Road Initiative, including Tanzania and Kenya.

“Different countries have different laws and regulations on importing beers,” said Xiang Jin, manager of the company’s overseas office, “Luckily we have help from experts at Hangzhou Customs.”