Foreign Trade

　　According to the statistics from the Customs, the total import/export volume in the whole province reached US $107.4 billion in 2005, gaining a growth of 26.0% over the previous year, to which export contributed US $ 76.8 billion, up 32.1% and import US $ 30.6 billion, up 13.0%. The scale of import/export continued to rank the fifth among all the provinces and municipalities directly under the Central Government in China. The export continued to rank the fourth and import the fifth. The export sales volume from general trade in our province reached US $ 60.239 billion, claiming the first position in national ranking. Trade surplus was US $ 41.654 billion, also the first in China. The dependence rate of the national economy of Zhejiang on foreign trade was 64.7%, and on the export, 46.3%, increasing by 2.0 percentage points and 3.5 percentage points respectively over 2004.

Foreign Trade in 2000－2005  (Unit: Million US$)
	2000	2001	2002	2003	2004	2005
Import/Export	278.34	328.00	419.63	614.23	852.30	1074
Export	194.44	229.77	294.18	416.03	581.60	768
Import	83.90	98.22	125.45	198.20	270.70	306

Dependence Rate on Foreign Trade (2000－2005)
	2000	2001	2002	2003	2004	2005
Import/Export	38.17	40.49	45.3	55.3	62.7	64.7
Export	26.66	28.19	31.7	37.4	42.8	3.5

First Ten Export Commodities in 2005 (Unit:10,000US$)
Machinery & Electronic Products	3026220
Garments & Clothing Accessories	1331820
Textile Yarn, Woven Fabrics & Related Products	1111094
High Tech Products	602046
Shoes	265632
Furniture & Parts	217502
Handsets & Auto Wireless Telephones	180387
Plastic Products	156259
Automatic Data Processing Facilities & and Components	142792
Auto Parts	121774

First Ten Countries and Regions for Export in 2005
	Volume	Percentage
USA	1612454	20.99%
Japan	750413	9.77%
Germany	418155	5.44%
Hong Kong	277590	3.61%
United Kingdom	255153	3.32%
UAE	254089	3.31%
Italy	244778	3.19%
South Korea	206248	2.69%
France	198360	2.58%
Spain	194525	2.53%

First Ten Import Commodities in 2004 (Unit:10,000 US$)
	Volume
Machinery & Electronic Products	921641
High Tech Products	460797
Steel	220144
Plastics of Primary Pattern	199187
PTA (Purified Terephthalic Acid)	191549
Waste Copper	148808
Integrated Circuits and Microelectronic Module	134904
Ethylene Glycol	105719
Automatic Data Processing facilities and the Components	80715
Iron Ore	75480

First Ten Countries and Regions for Import in 2004 (Unit：10, 000 US$)
	Volume	Percentage
Japan	565276	18.48%
South Korea	378536	12.38%
Taiwan Province, China	354739	11.6%
USA	253630	8.29%
Germany	141970	4.64%
Saudi Arabia	89486	2.93%
Singapore	81545	2.67%
India	78614	2.57%
Thailand	69794	2.28%
Malaysia	61191	2.00%

Foreign Economic Cooperation

　　In 2005, the whole province accomplished a turnover of US $ 1.76 billion in foreign economic cooperation, with a growth of 15.4% over the previous year, exporting 9778 person times of laborers, an increase of 3.9%. Laborers outside China by the end of the year reached 27,700 with an increase of 4.9%. Altogether 435 oversea projects were approved in the whole province, gaining a growth of 15.1% over the same period of the previous year. The total investment volume was US $ 196 million, an increase of 16.7 % over the previous year. The investment volume by Chinese parties was US $ 168 million with a growth of 10.5% over the same period of the previous year. The "Two Promotions" brought US $ 3.028 billion of export, an increase of 54.3% over the previous yearyear.

Foreign Investment

　　In 2005, 3396 foreign-invested enterprises were approved and established in the whole province, with  US $ 16.13 billion in contracted foreign capital and US $ 7.72 billion in actual use, rising by 10.8% and 15.6% respectively over the previous year.

　　By the end of 2005, accumulatively 35,700 foreign-invested  enterprises had been approved in the whole province, with US $ 79.0 billion in contracted foreign capital and US $ 36.73 billion in actual use.