E. China city welcomes foreign buyers

Around China

The trade authorities of Quzhou in east China's Zhejiang province has built an online platform for local enterprises specialized in foreign trade to attract foreign buyers.

China.org.cnUpdated: May 27, 2020

The trade authorities of Quzhou in east China's Zhejiang province has built an online platform for local enterprises specialized in foreign trade to attract foreign buyers.

The platform, named Quzhou Foreign Trade Enterprises Online Exhibition Platform (http://qz.china.com.cn/node_1008163.htm), is an online platform designed to build a bridge between local businesses and foreign purchasers.

Located in Zhejiang province in the upper reaches of the Qiantang River, Quzhou has long been known as the gateway to the four provinces of Zhejiang, Fujian, Jiangxi and Anhui.

As a nationally renowned historic and cultural city and one of the first national leisure areas, Quzhou boasts more than 150 tourist attractions.

The total foreign trade volume of Quzhou in the first quarter was 7.52 billion yuan, down 5.5% year on year. Among them, the export volume was 4.79 billion yuan, down 9.85%; the import volume was 2.73 billion yuan, up 3.25%.

The city's foreign trade volume reached 2.93 billion yuan in March, a year-on-year increase of 13.69%. Among them, the export achieved a breakthrough growth with 2.07 billion yuan, an increase of 29.73%, ranking first among the 11 cities in the province. Imports amounted to 860 million yuan, down 12.38% year on year.

According to the data, the U.S. overtook the EU (excluding the U.K.) to become the largest trade market for Quzhou.