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Shandong Binzhou: Foreign Trade Chain Showed Increased Stability in the First Seven Months

Source：Haibao News 08-18-2025 09:00:00

Recently, the Information Office of the Binzhou Municipal People's Government organized a press conference to outline the measures taken to drive high-quality development within the open economy of the city. During the first seven months of this year, influenced by the import of bulk commodities, Binzhou's foreign trade displayed a positive trajectory. The value of imports and exports reached a record high for the same period in history, bolstered by enhanced vitality among trading entities, thereby solidifying the stability of the foreign trade chain.

In the first seven months, Binzhou reported an import and export value of 51.29 billion yuan with countries participating in the Belt and Road Initiative, marking a 12.7% increase and accounting for 64% of the city's total import and export volume. Specifically, the trade value with Guinea stood at 17.07 billion yuan, reflecting a year-on-year increase of 65.4%. Meanwhile, notable growth was witnessed in trade values with nations including Brazil and Indonesia during the same period.

Looking ahead, Binzhou plans to focus on advancing the functionality of its open platforms, accurately optimizing the gradient cultivation and services for AEO (Authorized Economic Operator) enterprises, and fully tapping the growth potential of new foreign trade formats and models.