China's Hunan Province sees imported consumer goods up 81.5 pct in Jan.-April

Updated: May 19, 2020 Source: Xinhua Silk Road
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Central China's Hunan Province saw its imported consumer goods rise 81.5 percent year on year to 6.74 billion yuan in the first four months of this year, according to the customs of Changsha, the provincial capital.

Hunan imported 4.97 billion yuan of food, tobacco, and alcohol, accounting for 73.7 percent of its total import value. Import value of daily chemical products, and clothing, shoes and hats also saw significantly rises which were 630 million yuan and 220 million yuan, up 102 percent and 430 percent respectively, according to the data released.

New Zealand and Netherlands were the largest trading partners with Hunan.

Based on the analysis of the Changsha Customs, the substantial growth in Hunan's imports of consumer goods in the first four months of this year benefited from the implementation of a package of plans that were made to boost domestic demand, and the efforts of cross-border e-commerce platforms.

As the COVID-19 epidemic has been effectively contained and enterprises accelerated their orderly resumption of work and production, the curb on consumption seen in early stages has been increasingly lifted, and the consumer market remains prosperous, which facilitated the import of consumer commodities to some extent.

In addition, the cross-border e-commerce platforms have created good foundation for the consumer goods import. Over the past few years, cross-border e-commerce in Hunan kept growing, especially since Changsha and Yueyang were approved to set up comprehensive pilot zones for cross-border e-commerce, which played a significant role in boosting the import of consumer products.

Editor: Xiaohong Li