Zhejiang's trade with other APEC economies tops 2 trillion yuan
Zhejiang's trade with other Asia-Pacific Economic Cooperation economies reached 2.31 trillion yuan ($346.72 billion) in the first three quarters, up 14.3 percent year-on-year, according to Hangzhou Customs.
The total accounted for more than half of the province's foreign trade. Imports from those economies rose 14.5 percent to 673.97 billion yuan.
More than 100,000 Zhejiang enterprises traded with other APEC economies during the period, accounting for over 70 percent of the province's import and export businesses.
Supported by preferential policies under free trade agreements, trade with APEC economies that are China's free trade partners rose 19.1 percent to 1.46 trillion yuan. This accounted for 62.9 percent of Zhejiang's trade with other APEC economies.
The number of private Zhejiang enterprises trading with other APEC economies reached 102,000, up 17,000 from a year earlier. These businesses accounted for 80.4 percent of the province's trade with those economies.


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