The 2007 Qingdao foreign trade put emphasis on manufactures advancement, expansion of the modern service sector, development of Hi-tech and new energy environment protection sector with the scientific development concept as the guidance, forging top foreign trading city as target and in accordance with the national macro adjustment and our city industrial development adjustment; the import and export goods structure is to be further optimized, the city will upgrade the textile industry, expand the machinery and hi-tech industries proportion, safeguard the agricultural products quality, expand import scale to realize coordinated development of the import and the export; the city's national foreign industrial parks shall work as a platform to encourage more capable companies to do international business, we shall be innovative to upgrade the foreign industrial parks management, quality of the foreign investment projects shall be improved, the foreign outsourcing engineering shall be expanded and in a large scale to realize good and fast development of the city foreign trade to make new contribution to forge socialism harmonious society.
In accordance with work target set by Shandong provincial government, main tasks of Qingdao foreign trading work in 2007 are as follows: import & export amount reaches 42billion USD, 15% increase year-on-year. Among them, the export is 24.9billion USD, 15% increase than last year; the import is 17.1billion USD, 15% increase year-on-year. Actual use of foreign capital tops 3.88billion USD, 6% increment than 2006; the contract value of foreign trading realizes 336million USD, turnover 305million USD; 40 foreign investment projects are carried out.
In 2007, foreign trade grew rapidly. Qingdao's import and export volume (including that of companies directly controlled by provincial and central governments) was 45.725 billion USD, up 16.9% over last year, with exports amounting to 28.310 billion USD, up 20.6% and imports amounting to 17.415 billion USD, up 19.3%. Excluding companies directly controlled by provincial and central governments, trade volume was 43.605 billion USD, up 19.3%, with exports amounting to 26.776 billion USD, up 23.7% and imports amounting to 16.829 billion USD, up 12.9%. Foreign investment enterprises still played a leading role in exports, amounting to 15.612 billion USD, up 19.8%, accounting for 58.3% of Qingdao's total exports.
According to Qingdao Customs' statistics, imports and exports registered at Qingdao ports totaled 92.571 billion USD, up 15.4%. Of the total, 52.635 billion were exports, up 17.1% and 39.936 billion were imports, up 13.3%.
In 2007, Qingdao approved a total of 1,068 foreign investment projects, down 23.6%. Direct foreign investment reached 3.807 billion USD, up 4.1%.
Overseas economic and technical cooperation were stepped up. Total contracted value of overseas contractor projects, personnel and design consulting services was 632 million USD, up 41.6%. Turnover amounted to 630 million USD, up 54.0%; the number of personnel sent overseas reached 4,923, down 6.9%
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