Industries

International trade

(exploringtianjin.com)

Updated: 2020-08-12

Tianjin Pilot Free Trade Zone focuses on the development of international trade incommodity display and transaction, distribution, headquarters settlement, and the construction of trade facilitation platform.

Tianjin Port saw its foreign trade increase by 23.8 percent year on year to more than 73.2 billion yuan (nearly $10.5 billion) in June.

In addition, the port city witnessed over 15 million import and export orders of cross-border e-commerce in H1, according to local authorities.

Among the total, the export orders were 757,600 in H1, with a total sales volume of nearly 21.37 million yuan.

The city received more than 14.26 million declared import orders in H1, up by 16.19 percent year on year, with the value of the goods reaching 2.34 billion yuan, up by 9.18 percent over the same period last year.

Local authorities said Tianjin will further implement more facilitation measures, and create diversified customs clearance models to develop its cross-border e-commerce. 

The first half of the year also witnessed an increase in the parallel-import auto business in the port city, with a total of 38,400 parallel imports, accounting for over 60 percent of the country's total.

Tianjin port ranked first in liquefied natural gas (LNG) imports among the country's LNG import ports in the first half of this year, increasing by 26.1 percent year on year to hit 5.95 million tonnes in the period.


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