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Economic development

2014-June-18       Source: Newsgd.com

Since implementation of the Reform & Opening-up Policy in 1978, the integrated economic strength of Guangdong has rapidly sprung to the top rank of the national total.
4. Foreign trade leading the country

From 1978 to 2013, the total import-export value of Guangdong has increased by average 20.4% per year. In 2013, its total import-export value was US$1.09157 trillion, exceeding the threshold of 1 trillion dollar for the first time, equivalent to 26.2% of that of the country and has been ranking No.1 in the country for the 28th consecutive year.

Hong Kong China, US, ASEAN and EU are the main trade partners of Guangdong, reaching at 53.7% of the total import-export value of the province. In recent years, the imports and exports with newly developing markets/ countries or regions such as Africa, South America and Russia increase rapidly, and the diversified market is primarily taking shape. In 2013, the top 10 trading partners of Guangdong were as follows: Hong Kong China, US, ASEAN, EU, Japan, South Korea, Taiwan China, Africa, Middle East area and South America area.

 

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Editor: 王凯

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