As unveiled on the website of Chinese Ministry of Commerce (MOFCOM), 105 industrial bases have recently been licensed as national-level upgrading and transformation base of foreign trade, a strategic decision in accordance with the blueprint mapped out by the State Council to pursue high-quality growth and innovative development in foreign trade.
Reportedly, the identification takes place on a yearly basis. This year, National Foreign Trade Transformation and Upgrading Base (Equipment Manufacturing) of Shunde, Foshan was upon the list. It added up to a total of 6 identified ones in Foshan that specialize in building ceramics, metal profiles, home appliances, furniture, and hardware products.
Intelligent equipment workshop at Galanz
Foshan is well-known as one of the key foreign trade centers in the Pearl River Delta, as growth of exports has been largely depended on these industrial bases. From January to May in 2021, Foshan registered 275.19 billion yuan in foreign trade, with a year-on-year increase of 63.9%, the highest growth rate in Guangdong Province. As of exports in ceramics and furniture, Foshan showcased greater performance compared to overall growth rate.
Xingtan Town, an innovation highland for Intelligent Equipment
In order to pursue high-quality development of foreign trade in Guangdong, 10 major promotion projects have been launched, including transformation and upgrading bases of foreign trade. By combining industrial foundation and foreign trade, they are well-positioned to promote more high-quality growth of foreign trade. Up next, Foshan Municipal Bureau of Commerce will intensify its efforts to develop high-standard industrial bases and a public service system, with a mission to level up brand influences, product quality and public services in foreign trade.
Author | Jersey
Revisor | Jessica
Photo | Foshan News Network