Xi'an High-tech Zone has created a strong engine for opening up to the outside world. The total foreign trade import and export value in the first three quarters exceeded 650 billion yuan.

China News Service, Xi'an, November 11 (Reporter Yang Yingqi) "In the first three quarters, the total value of the region's foreign trade import and export was 654.056 billion yuan (RMB, the same below), a year-on-year increase of 161.1%. The scale and growth rate of import and export both hit record highs. The total import and export value accounted for 81.98% and 8% of Shaanxi Province and Xi'an City respectively. 5.56%, strongly driving the growth of foreign trade in the province and the city, and continuing to play the main role in the development of provincial and municipal foreign trade.” The Information Office of Xi’an Municipal Government held a press conference on Xi’an’s open economy on the 11th, and Li Xiaolan, deputy director of the Xi’an High-tech Zone Management Committee, made an introduction at the meeting.

It is understood that since this year, Xi'an High-tech Zone has adhered to the two-way efforts of "bringing in" and "going out", and continued to focus on industry, system, market and other aspects, and the open economy has achieved leapfrog development.

Data shows that Xi'an High-tech Zone's foreign trade is dominated by industries such as electronic information, new energy vehicles, and biomedicine. Among them, integrated circuits have become the core engine driving foreign trade growth. In the first three quarters, the total value of integrated circuit import and export in the Hi-Tech Zone was 453.39 billion yuan, a year-on-year increase of 211.35%, accounting for nearly 70% of the Hi-Tech Zone's import and export. At the same time, a number of private companies such as BYD, Yisiwei, and Lanxiao Technology have accelerated their overseas expansion, with products such as new energy, semiconductors, and new materials being sold around the world.

In terms of trade facilitation, Xi'an High-tech Comprehensive Bonded Zone has set up centralized inspection points to serve import and export companies in Xi'an and surrounding areas, and the time limit for customs clearance and release of relevant goods has been shortened from 15 days to 2 days; semiconductor precision equipment has been "directly picked up from the airport" and delivered directly from the airport to enterprises under customs supervision, and the process time has been shortened from 20 hours to 7 hours; relying on the intelligent customs center to optimize customs declaration services, the customs declaration time has been shortened from 30 minutes to 2 to 5 minutes. The reduction of institutional costs has stimulated market vitality. Currently, the total number of market entities in the high-tech zone exceeds 240,000, and there are 1,500 business entities with import and export performance.

In the face of global market fluctuations, the zone actively guides companies to expand into diversified international markets. In the first three quarters, the Hi-tech Zone organized enterprises to participate in more than 100 overseas exhibitions. Imports and exports to countries co-building the "Belt and Road", other RCEP member states, and ASEAN increased by 2.1 times, 2.2 times and 2.8 times respectively, and the trade "circle of friends" continued to expand. In May this year, the High-tech Zone Trade Comprehensive Service Platform was officially launched, integrating legal, taxation, finance, logistics, trade promotion and other resources to provide one-stop supporting services for companies going overseas. It has now gathered 48 professional service agencies and has released information on hundreds of exhibitions and economic and trade activities.

Li Xiaolan said that in the next step, Xi'an High-tech Zone will continue to optimize the foreign trade development ecology, deepen the global advantageous market, promote the in-depth integrated development of industrial trade, continue to strengthen new foreign trade formats and new momentum, and make new and greater contributions to the high-quality development of the city's open economy.