Home > News
One more National Foreign Trade Transformation and Upgrading Base in Wenzhou
Date:2021-07-13 16:37:28 Source:Wenzhou·China Fonts:[ Large Medium Small ]

The National Foreign Trade Transformation and Upgrade Base (Pump Valve) of Yongjia County was identified as the national foreign trade transformation and upgrading base (NFTTUB) in 2021. According to the Wenzhou Municipal Bureau of Commerce, Wenzhou has a total of 8 NFTTUBs, ranking third in Zhejiang Province.

The NFTTUB is an industrial agglomeration that integrates production and export functions. According to reports, there are 105 newly-recognized NFTTUB, 10 of which are newly-recognized bases in Zhejiang Province (including Ningbo). At present, there are 70 NFTTUBs in the province, accounting for 12.1% of China, topping in China. In terms of geographical distribution, it is mainly concentrated in Ningbo, Taizhou, Wenzhou, Huzhou, Jiaxing and other cities. As for industry category, it is mainly concentrated in the export advantage industries of Zhejiang Province, such as textiles and garments, footwear, luggage, auto parts, and biomedicine. According to incomplete statistics, in 2020, Zhejiang's national foreign trade transformation and upgrading base will achieve a total import and export volume of 266.79 billion US dollars.

An official from Wenzhou Municipal Bureau of Commerce said that Yongjia County is the pump valve industry base in Wenzhou and even in China. Although affected by the pandemic in 2020, Yongjia’s pump and valve industry still maintains an upward trend. The annual output value of the pump and valve industry is 30.9 billion yuan, a year-on-year increase of 6%, and the cumulative export is 239 million US dollars.

In addition, according to the Several Policy Opinions on Further Accelerating the Development of the Open Economy issued by Wenzhou Municipal Government in August last year, new foreign trade transformation and upgrading bases (pilots) at the national, provincial and municipal levels will be awarded 1 million RMB, 500,000 RMB and 300,000 RMB respectively to support public service platforms and key transformation and upgrading projects in the base.

Produced By 大汉网络 大汉版通发布系统