The reporter learned from Yinchuan Customs on October 17 that in the first three quarters, Ningxia’s total foreign trade import and export value reached 15.99 billion yuan, a year-on-year increase of 8.9%, continuing its steady development trend, and its growth rate ranked 11th in the country. Among them, exports were 11.69 billion yuan, an increase of 9.3%; imports were 4.3 billion yuan, an increase of 7.7%. In September, exports were 1.23 billion yuan, a year-on-year increase of 3.4%, maintaining growth for six consecutive months; imports increased by 10.9% year-on-year, achieving positive growth for four consecutive months.

In the first three quarters, Ningxia maintained trade relations with 147 countries (regions). Its imports and exports to countries co-building the "Belt and Road" were 7.75 billion yuan, an increase of 11.9%, accounting for 48.5% of the region's total import and export value. Its imports and exports to other RCEP member states were 4.59 billion yuan, an increase of 10%. Its imports and exports to Africa and South America increased by 33% and 7.5% respectively.

From the perspective of trade methods, general trade occupies a dominant position, with imports and exports of 13.57 billion yuan, an increase of 3.5%, accounting for 84.9% of the total foreign trade value of the region; processing trade imports and exports are 1.25 billion yuan, an increase of 36.8%, accounting for 7.8%; bonded logistics imports and exports are 1.15 billion yuan, an increase of 88%, accounting for 7.2%.

In terms of trade entities, private enterprises continued to play a major role, with imports and exports reaching 12.44 billion yuan, an increase of 9.8%, accounting for 77.8% of the region's total foreign trade value, driving the region's import and export growth by 7.5 percentage points. The import and export of foreign-invested enterprises was 2.52 billion yuan, an increase of 19.6%, accounting for 15.7%.

Among imported goods, mechanical and electrical products performed outstandingly, with imports of 1.32 billion yuan, an increase of 93%, accounting for 30.7% of the total import value. Among them, spandex winding machines increased by 325.8%, and the import of data gear grinders, turning and milling composite processing centers and other equipment increased significantly. In terms of exports, mechanical and electrical products and agricultural products increased significantly. The export of mechanical and electrical products was 1.96 billion yuan, an increase of 52.2%, accounting for 16.8% of the total export value; the export of agricultural products was 1.55 billion yuan, an increase of 25.8%, accounting for 13.3%, of which the export of cold vegetables was 480 million yuan, an increase of 77%, and the export of frozen French fries was 240 million yuan, an increase of 12.2%.

In addition, production-oriented enterprises performed steadily, with a total of 632 enterprises with import and export performance in the region, an increase of 7 compared with the same period last year. Among them, there were 375 production-oriented enterprises, an increase of 12.3%, and imports and exports were 13.84 billion yuan, an increase of 5.4%, accounting for 86.6% of the region's foreign trade, driving the import and export growth by 4.8 percentage points. (Reporter Wang Rui)

(Editors: Liang Hongxin, Zhao Wenrui)