Shenzhen holds on as China's top export city for 18th year

16:42, January 17, 2011      

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Shenzhen, one of China's leading economic powerhouses, reported robust export growth in 2010, securing its position for the 18th straight year as the top exporter among mainland Chinese cities.

Shenzhen's exports account for one-seventh of China's total. Its customs authority says that in 2010 Shenzhen exported 204 billion U.S. dollars, surging 26 percent over 2009 and became the first city in China that had exports in excess of 200 billion U.S. dollars.

Innovation and growing competitiveness on the international market are thought to underlie the strong growth of exports in Shenzhen.

In 2010, Shenzhen's exports of hi-tech products soared by 28 percent to 108.7 billion U.S. dollars. These exports accounted for 53 percent share of Shenzhen's total exports, which is 6.9 percentage points higher than 2005. Local customs authorities have also taken measures to facilitate the clearance procedure, including 24-hour service.


By Li Jia, People’s Daily Online

(Editor:李佳)

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