CHONGQING (CQNEWS) -- Chongqing realized a gross import/export value of $54.58 billion from January to October 2013, surpassing the entire year of 2012 by 20.5%, according to Chongqing Administration of Customs on November 12th, 2013.

The import and export value respectively grew 12.5% and 42.4% to $37.39 billion and $17.19 billion.

The foregoing data indicate that the several methods taken to enlarge the city’s import/export scale have borne fruit. Chongqing has actively taken part in African and American commodity fairs sponsored by the Ministry of Commerce, and over 20 oversea exhibitions such as the motorcycle shows in São Paulo of Brazil, Milan of Italy and Köln of Germany having contracted nearly $40 million. In the 2 sessions at the Canton Fair in 2013, the Chongqing delegation has achieved an accumulative transaction amount of $340 million.

As for the import sector, through the promotion of traditional industry’s transformation and upgrade, the development of strategic emerging industry, and the expansion of resource reserves and consumer goods’ import demand. Chongqing published a series of policies to boost and subsidize the import of bulk resources and electromechanical products and consumer goods according to the increment proportions. (Translated by Chen Siyan, Fathom Language Limited)