Stabilize foreign trade, Jiangsu focuses on making efforts in the word "new" (Vitality China Research Tour)

On a winter afternoon, the whistle rings long. A Zhongji Wuban train loaded with car parts departed from the Shanghai Cooperation Organization International Logistics Park in Lianyungang, Jiangsu Province. In the carriage, neatly arranged goods will be transported to the Central Asian market.

Looking south, the Taicang Port quay bridge at the mouth of the Yangtze River rises and falls, and thousands of domestically produced cars board ocean going giant ships, preparing to be sent to Europe and Southeast Asia.

One north, one south, one car, one ship, Jiangsu's foreign trade is thriving this winter.

Jiangsu has a relatively complete industrial system, strong innovation capabilities, excellent business environment, and a large number of high-level open platforms such as free trade zones. Against the backdrop of high uncertainty in the foreign trade environment, Jiangsu's foreign trade still shows strong resilience. From January to October this year, the total import and export volume reached 4.88 trillion yuan, accounting for 13.1% of the national total and contributing more than 20% of the country's export growth, "said Xin Changxing, Secretary of the Jiangsu Provincial Party Committee.

Focusing on stabilizing foreign trade, Jiangsu is making efforts to focus on the word "new", exploring new markets, strengthening new business models, and cultivating new advantages, injecting vitality and momentum into a vibrant China.

Explore new markets, promote industries and enterprises to go global

On the production line of Yangjie Electronic Technology Co., Ltd. in Yangzhou, sesame sized power semiconductor chips are continuously being produced. Every day, about 30 million chips are sent from here to overseas markets such as Europe and America.

The export growth rate is around 30%. What we are fighting for is not price, but quality, "said Liang Yao, Vice Chairman of Yangjie Electronic Technology Co., Ltd. Currently, the company has launched the second phase of factory construction in Vietnam and plans to invest in wafer factories in Malaysia and Thailand.

Small and micro foreign trade merchants in Changshu have opened Xintiandi with the help of institutional innovation.

Chen Yue, the operator of a clothing business, uploaded a transaction order on the "Shi Cai Tong" (Comprehensive Cross border Trade Service for Small and Medium sized Enterprises in Changshu City) platform, and a batch of clothing products are being prepared to be shipped abroad. In the past, when doing foreign trade, you had to go to customs and hire third-party agents, which was both troublesome and risky. Now, one platform can handle it, "Chen Yue said.

As an innovative initiative in the national market procurement and trade pilot program, Changshu's "City Procurement" platform has created a "one-stop" export service solution for small and micro enterprises, integrating merchant registration, commodity procurement, consolidation, customs declaration, foreign exchange collection and settlement, tax exemption declaration, and supply chain finance. Since 2020, the platform's annual export value has increased from 1 billion US dollars to over 15 billion US dollars.

The foreign trade market is constantly optimizing as it strengthens. Since this year, Jiangsu's import and export to countries jointly building the "the Belt and Road" has reached 2.44 trillion yuan, up 11.7% year on year; The increase in imports and exports to ASEAN reached 22.1%.

Strengthening new business models and leveraging digital channels to expand internationally

Our new product features breathable fabric and stylish design, "said the voice of live streaming from merchants in the Silk Road Nanhua Cross border E-commerce Industrial Park in Shengze Town, Wujiang District, Suzhou City.

Sign orders downstairs, make ready to wear clothes upstairs, and then have distribution channels upstairs. The relevant person in charge of Shengze Town said, "Our building gathers the entire textile foreign trade industry chain, and going up and down is the upstream and downstream

From January to September this year, the cross-border e-commerce import and export volume in Shengze Town reached 3.635 billion yuan, a year-on-year increase of 225.4%. The industrial park here has gathered 87 supporting service providers and foreign trade enterprises, forming a unique model of "cross-border e-commerce+industrial belt". Wu Changming, the general manager of Minsk Trading Co., Ltd., said, "This year, the company's export volume exceeded 70 million US dollars. Most cross-border e-commerce is small orders, but the cumulative trade income is considerable

Cross border e-commerce is flourishing in multiple industries and locations. In Yancheng City, Jiangsu Zhongheng Pet Products Co., Ltd. relies on overseas warehouses and big data marketing to sell pet leashes and cat climbing frames to the European and American markets. In the past, we had to wait for customers to come to us, but now it's our precise push, "said Qiu Peng, the deputy general manager of the company. With the advantages of cross-border e-commerce and overseas warehouses, the company's order volume has increased significantly.

Digital trade, live streaming e-commerce, AI product selection... These innovative scenarios continue to bring Jiangsu manufacturing to a broader international market. From January to October this year, the import and export of cross-border e-commerce platforms in Jiangsu increased by over 60% year-on-year. Traditional industries such as clothing, auto parts, home furnishings, and tools are accelerating their layout in the international market through digital channels.

Cultivate new advantages and continuously enhance the competitiveness of independent brands

In the factory area of Borui Electric Power in Changzhou, a robotic dog is inspecting the substation equipment, and the temperature data captured by the infrared camera is transmitted back to the operation and maintenance center in real time. The company has been granted over 700 patents and has participated in the development of more than 30 international and national standards. Its products have entered over 70 countries and regions.

We not only deliver equipment, but also provide customers with a complete set of solutions. Our presence can be seen in the early design, middle construction, and later operation and maintenance, "said Liao Yilan, Deputy General Manager of Changzhou Borui Electric Power.

At the Yadi production workshop in Wuxi, an electric bicycle is taken offline every 35 seconds. In the testing center, the battery needs to go through thousands of charge and discharge cycles, and the entire vehicle needs to pass tests such as vibration and weather resistance. Intelligent testing methods are also constantly being introduced, and innovation and strict quality control work together to ensure the stability and reliability of the product.

Our core competitiveness lies in excellent quality, "said Wang Jiazhong, Senior Vice President of Yadea Technology Group." In the Southeast Asian market, we will adjust our product development configuration based on road conditions and usage habits, and participate in standard setting through overseas factories

From "first set" to "international standards", from "OEM" to "searched", Jiangsu enterprises have continuously accumulated advantages in independent brands and core technologies. At the same time as the product goes global, it brings technology, standards, and brand together, continuously enhancing the global influence of Jiangsu manufacturing and Jiangsu brands.

The number of effective invention patents remains among the top in the country, with advanced manufacturing clusters contributing over 60% of invention patents; The CNC rate of key processes exceeds 70%, and the popularity rate of digital R&D design tools exceeds 90%... In Jiangsu, new quality productivity is accelerating and injecting new momentum into high-quality development.

Information source: People's Daily Online - People's Daily