Recently, it was learned from relevant press conferences that Weifang City’s business system, in accordance with the work arrangements of the Municipal Party Committee and Municipal Government to promote high-level opening up to the outside world, has made “promoting Weifang enterprises and Weifang products overseas on a larger scale” as the top priority of foreign trade work. Focusing on the five main lines of stabilizing scale, optimizing structure, strengthening entities, smooth channels, and increasing momentum, Weifang City’s business system has continuously expanded the total foreign trade volume, strengthened the brand of Weifang enterprises, and consolidated the fundamentals of the city’s export-oriented economy.
The scale of import and export has increased steadily, driven strongly by the advantage of Weifang products.
In the first five months, the city’s total import and export value has grown steadily, and the scale has reached a new high.
Completed 163.51 billion yuan, ranking third in the province in total, accounting for 11.1% of the province’s total import and export volume, 0.3 percentage points higher than the same period last year; a year-on-year increase of 6.5%, 3.2 percentage points higher than the province’s total.
Weifang’s five major advantageous industries, namely agricultural machinery and equipment, high-end chemicals, auto parts, textiles and clothing, and agricultural products, continue to lead in exports. The export growth of emerging categories such as new energy equipment, energy storage equipment, and environmental protection equipment is outstanding. The international recognition of “Made in Weifang” continues to increase.
The development of these advantageous industries and emerging categories not only reflects the strength of Weifang’s manufacturing industry, but also provides solid support for the growth of Weifang’s foreign trade.
Foreign trade business entities continue to grow, and the overseas echelon continues to improve.
Relying on the “Wei Qi Wei Products Going Overseas” campaign, small, medium and micro production enterprises, cross-border e-commerce enterprises, and trade and circulation enterprises have actively transformed and expanded overseas markets. Leading foreign trade enterprises such as Weichai, Haomai, Lovol, Molong, and Vosges have continued to deeply explore the global market, forming a complete overseas echelon of “leading enterprises supporting the market, small, medium and micro enterprises making up for the increase, and new format enterprises opening up the market.” The number of enterprises with foreign trade performance exceeded 7,600.
This diversified overseas echelon makes Weifang’s foreign trade market more active and provides development opportunities for enterprises of different sizes.
The international market layout continues to be optimized, and Weipin’s circle of friends is further broadened.
Focusing on the strategy of developing diversified international markets, we will delve deeply into the “One Belt, One Road” and RCEP member countries, and attack emerging markets such as ASEAN, Central Asia, the Middle East, Latin America, and Africa; we will consolidate the stock of traditional European and American markets and rely on overseas exhibitions, overseas exhibition centers, and public overseas warehouses to promote Weiqi and Weifang products, with trading partners in 224 countries and regions.
By continuously expanding the international market, Weifang’s products can better go global, and it also promotes economic exchanges and cooperation between Weifang and other countries and regions.
New business formats and new models of foreign trade are accelerating and growing, becoming a new addition for Weifang enterprises to go overseas.
Cross-border e-commerce, bonded logistics, overseas warehouses, and overseas marketing networks are working together. Agricultural machinery, home furnishing, food, building materials and other industries are taking cross-border live broadcasts overseas, and the layout of independent stations is accelerating. Digital trade and green trade have opened up new growth space for the expansion of the city’s foreign trade scale.
The development of these new business formats and new models not only improves the efficiency and competitiveness of Weifang’s foreign trade, but also provides new impetus for the future development of Weifang’s foreign trade.
In general, Weifang City has achieved remarkable results in promoting “Weifang enterprises and products going overseas”. The scale of import and export continues to expand, foreign trade business entities continue to grow, the international market layout continues to be optimized, and new business formats and new models continue to emerge.
I believe that in the future, Weifang’s foreign trade development will continue to maintain a good momentum and make greater contributions to the city’s economic development.
