Quanzhou Investment Service
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Quanzhou Economic Environment-Quanzhou Industry
Quanzhou is a major exporter of agricultural products such as tea, banana, lychee and rice. It is also a major producer of quarry granite and ceramics. Other industries include textiles, footwear, fashion and apparel, packaging, machinery, paper and petrochemicals. Quanzhou is the biggest automotive market in Fujian; it has the highest number of private automobile possession.
Quanzhou Economic Environment-Quanzhou Economic Growth
GDP of Quanzhou ranks first in Fujian Province for 20 years. From 1991 to 2010.In 2008, Quanzhou's textile and apparel production accounts for 10% of China, the production of sports and Tourism shoes accounts for 80% of China, 20% of the world, stone exports account for 50%, resin handicraft exports account for 70% of the country, ceramic exports account for 67% of the country, candy production accounts for 20%.
Different districts and counties in quanzhou have their own special industries which are known to the rest of China. Jinjiang and shishi are famous for Apparel and textile, Huian is famous for its stone, Quangang is famous for petrifaction, Dehua is Ceramics, Yongchun is Citrus, Anxi is WULONG Tea, Nan An is building materials, Fengze is resin. Jinjiang County, Shishi County, Nanan County, Huian County, Anxi County, these five counties from Quanzhou City have been 100 most powerful economic county in china for many years. Which again shows quanzhou is a developed area in Fujian province, even in China.
According to the Quanzhou Inspection and Quarantine Bureau statistics of Fujian Province, textile and garment exports of 9382 batches, valued at USD 402million, the year-on-year growth of 64.22% and 75.41%respectively in the first two months.
Quanzhou Economic Environment-Quanzhou Exports
For the export situation, textile and garment in Quanzhou had two characteristics: for the first, the traditional US-European markets had a trend of recovery in the first two months in 2013, the garment and textile exported to the United States of 677 batches, valued at USD 39.94million, the year-on-year growth of 106.4% and 98.71% respectively; the garment and textile exported to the EU of 4390 batches, valued at USD 206million, the year-on-year growth of 41.16% and 61.51% respectively; The two accounted for 61% of the total value of textile and garment exports. For the second, the apparent achievement of opening up new markets. tariff had reduced since Russia entered the WTO. The garment and textile exported to Russia of 673 batches, valued at USD 16.79million, the year-on-year growth of 414% and 181% respectively; At the same time, the increasing exports to ASEAN, South America, Africa, the Middle East and other emerging markets.
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