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In 2023, Shandong's total foreign trade value reached 3.26 trillion yuan, a year-on-year increase of 1.7%.

Jinan, Shandong Province, January 17 (Xinhua) -- Shandong Province's total import and export value reached 3.26 trillion yuan (RMB, the same below) in 2023, a year-on-year increase of 1.7%, according to a press conference held by the Shandong Provincial People's Government on January 17. Exports and imports reached 1.94 trillion yuan and 1.32 trillion yuan respectively, with year-on-year growth rates of 1.1% and 2.7%. The growth rates of foreign trade import and export, export, and import all exceeded the national average. According to Shi Yong, deputy director of Qingdao Customs, in 2023, Shandong's trading partners spanned more than 230 countries and regions worldwide. Import and export trade with countries participating in the Belt and Road Initiative reached 1.84 trillion yuan, a year-on-year increase of 3.3%, accounting for 56.3% of the province's total foreign trade; import and export trade with ASEAN and the EU reached 649.86 billion yuan and 297.59 billion yuan respectively, with year-on-year growth rates of 4.5% and 3.5%; import and export trade with Latin America, Africa, Central and Eastern Europe, and the five Central Asian countries showed year-on-year growth rates of 3%, 4.7%, 18.6%, and 18.1% respectively. "Wheeled excavators are our flagship products, and orders for both production lines are full until March this year." At the Dezhou (Yucheng) National High-tech Industrial Development Zone in Shandong Province, all production lines at Dimeng Heavy Industry Machinery Co., Ltd. are operating at full capacity. General Manager Wang Rongliang said that the company's products are mainly used for road maintenance, earthwork construction, and forestry construction, and exports in 2023 increased by 90% year-on-year. Wang Rongliang said that as a private enterprise, focusing on international markets, optimizing products, and expanding markets is a common understanding of the company and its more than 200 parts suppliers for future development. In 2024, the company's management has planned overseas visits, and developing markets in countries participating in the Belt and Road Initiative is a key direction. "I plan to spend most of this year abroad, mainly visiting clients, understanding their needs, and exploring broader markets." In recent years, the role of the private economy in driving the development of foreign trade in Shandong has become increasingly prominent. In 2023, there were more than 68,000 foreign trade operators with import and export records in the province, an increase of more than 4,000 compared to the previous year. Among them, there were 62,300 private enterprises, with a total import and export value of 2.42 trillion yuan, a year-on-year increase of 3.9%, accounting for 74.3% of the province's total import and export value, and maintaining its position as the largest foreign trade operator in Shandong for 12 consecutive years. Shi Yong said that from a market perspective, Russia is the largest incremental market for private enterprises in Shandong. In 2023, Shandong's import and export trade with Russia reached 229.6 billion yuan, a year-on-year increase of 31.8%, accounting for 9.5% of the province's total import and export value of private enterprises, a net increase of 55.45 billion yuan, and contributing 60.7% to the growth of private enterprise foreign trade. As a major agricultural province in China, Shandong exported 147.6 billion yuan worth of agricultural products in 2023, a year-on-year increase of 6.3%, setting a new historical high and accounting for 21.2% of the country's total agricultural product exports, maintaining its position as the largest exporter of agricultural products. Zhang Yibing, deputy director of Jinan Customs, said that among the agricultural products exported by Shandong in 2023, the export growth rate of deep-processed products with higher added value was 6.6%, and their proportion increased to 47.9%. "The company's development has exceeded expectations. In just six months, durian sales reached 50 million yuan, and the total import and export value is expected to exceed 500 million yuan in 2024." Shanbei Gigi (Shandong) International Trade Co., Ltd., located in the Weifang Comprehensive Bonded Zone in Shandong Province, is a cross-border e-commerce company engaged in the sales of tropical fruits, frozen meat, and other products. General Manager Hu Wen said that with the help of the cold chain warehouse and smooth logistics of the integrated operation center, the company's operating costs have been greatly reduced, and this year, all processing and logistics businesses previously conducted elsewhere have been transferred to the Weifang Comprehensive Bonded Zone. Yu Fengjie, deputy secretary of the Party committee and chairman of Weifang Comprehensive Bonded Zone Investment Development Co., Ltd., said that the "four-in-one" integrated operation center of the bonded zone can realize the same-site supervision and one-stop customs clearance of four business types: cross-border e-commerce 1210 and 9610, international express, and international mail. From January to November 2023, the cross-border e-commerce import and export volume of the bonded zone increased by 49% year-on-year, accounting for 56.8% of the total volume in Weifang City, and the 1210 export business volume ranked first among comprehensive bonded zones in Shandong Province. Diverse trade forms continue to add new "channels" to the development of foreign trade in Shandong. In 2023, Shandong's general trade import and export reached 2.13 trillion yuan, a year-on-year increase of 2.4%, accounting for 65.2% of the province's total import and export value. Among them, bonded logistics import and export reached 532.01 billion yuan, a year-on-year increase of 2.2%; processing trade import and export reached 514.37 billion yuan, a year-on-year increase of 1.8%. In the view of Shi Yong, deputy director of Qingdao Customs, Shandong's export-oriented economy is mainly supported by manufacturing, and intermediate goods import and export have become an important driving force for the province's foreign trade development. In 2023, Shandong's intermediate goods import and export reached 2.04 trillion yuan, accounting for 62.6% of the province's total import and export value, 1.5 percentage points higher than the national average. In terms of exports, in 2023, Shandong exported 963.18 billion yuan worth of intermediate goods, accounting for 49.6% of the province's total exports. ASEAN is the largest market for Shandong's intermediate goods exports, with exports reaching 159.88 billion yuan in 2023, accounting for 54.2% of the province's total exports to ASEAN; exports of intermediate goods to Vietnam, Malaysia, Thailand, Indonesia, and Singapore all exceeded 200 billion yuan. In 2023, Shandong imported 1.08 trillion yuan worth of intermediate goods, accounting for 81.8% of the province's total imports, including 376.73 billion yuan of energy products, 195.3 billion yuan of metal ores, and 154.88 billion yuan of electromechanical intermediate goods. Shi Yong said that as a coastal province, Shandong has imported a large amount of raw materials and components through seaports, playing an important role in ensuring the stability and smooth flow of industrial chains and supply chains in Shandong and even China, and also providing broad market space for global suppliers. According to customs statistics, in 2023, the export value of Shandong's "new three major items" reached 9.39 billion yuan, a year-on-year increase of 47.3%, among which the growth rate of lithium-ion batteries and electric passenger vehicles both exceeded 100%. Shi Yong said that electric passenger vehicles, lithium-ion batteries, and solar cells, as the "new three major items" of foreign trade, have become new trends in Shandong's industrial development and new drivers of foreign trade growth. (End)

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01-22

In 2023, Shandong's total foreign trade value reached 3.26 trillion yuan, a year-on-year increase of 1.7%.

The 2023 China Brand Products (Nigeria) Exhibition and China Shandong Export Commodities (Nigeria) Exhibition grandly opened on November 7.

On November 7, 2023, the China Brand Goods (Nigeria) Exhibition and the China Shandong Export Goods (Nigeria) Exhibition were held at the Landmark Centre in Lagos, Nigeria. On November 7, Yan Yuqing, Consul-General of the Chinese Consulate General in Lagos, attended the 2023 China Brand Goods (Nigeria) Exhibition and delivered a keynote speech at the opening ceremony. Deputy Director-General Deng Bo of the Department of Foreign Trade Development of the Ministry of Commerce, representative of Lagos State Governor Sanwo-Olu, President of Ogun State Chamber of Commerce, and Chairman of Ikorodu Chamber of Commerce attended the event and delivered speeches. Before the opening ceremony, Yan Yuqing, Consul-General of the Chinese Consulate General in Lagos, Deputy Director-General Deng Bo of the Department of Foreign Trade Development of the Ministry of Commerce, Han Bei, General Manager of Shandong Zhenghe International Exhibition, and other leaders from the Consulate General visited the booths of Chinese exhibitors, understanding their concerns regarding exhibition, trade, and investment in Nigeria. They also provided advice on how to adapt to the Nigerian market and seize business opportunities. At the opening ceremony, Consul-General Yan Yuqing delivered the first speech. He affirmed the achievements of bilateral trade between China and Nigeria, emphasized the important relationship between the two sides in trade cooperation, and stated that "distance cannot diminish friendship; even thousands of miles apart, we are still neighbors." He also encouraged Chinese enterprises to strengthen communication and cooperation with Nigerians, promoting Chinese goods to enter Nigeria more deeply and contributing to Nigeria's development. Deputy Director-General Deng Bo of the Department of Foreign Trade Development of the Ministry of Commerce attended the opening ceremony and delivered a speech, hoping that the exhibition would become a trade platform for Nigerian entrepreneurs and consumers to understand Chinese enterprises and brand products, and create more business opportunities for both sides. He believes that with the joint efforts of the governments and business communities of both China and Nigeria, the brand exhibition will further promote exchanges and cooperation between Chinese and Nigerian enterprises. Han Bei, General Manager of Shandong Zhenghe Exhibition, said in an interview with the media that Zhenghe Exhibition has been committed to developing the African market for nearly 20 years, bringing a profound and positive impact to Chinese enterprises in developing the Nigerian and surrounding markets. She expressed that the African market has shown new vitality in 2023 and expects the exhibition to create more business opportunities for Chinese and African enterprises. The theme of the exhibition is "MADE IN CHINA, MADE FOR AFRICA." Nearly 200 enterprises from more than ten provinces and cities in China, including Shandong, Zhejiang, Chongqing, and Guangdong, as well as well-known Chinese enterprises in various states of Nigeria, participated in the exhibition. Exhibits covered various household and industrial fields, including machinery, building materials, hardware, new energy, home furnishings, and food. For most Chinese exhibitors, this was their first time participating in a physical offline exhibition in Nigeria since the pandemic. The exhibited products were diverse, covering multiple fields. Representatives from Chinese enterprises actively communicated with purchasers, introduced their products and technologies, exchanged business cards, and sought cooperation opportunities. The exhibition will run from November 7th to 10th. Participating Chinese enterprises will continue to showcase their products and technologies to make greater contributions to promoting international trade cooperation between China and Nigeria.

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11-09

The 2023 China Brand Products (Nigeria) Exhibition and China Shandong Export Commodities (Nigeria) Exhibition grandly opened on November 7.

Rain nourishes a hundred grains, all things come into season | Shandong's exhibition group makes a stunning appearance at Hannover Messe

The highly anticipated "Oscars of the industry" – the 2023 Hannover Messe officially commenced on April 17 in Hannover, Germany. German Federal Chancellor Olaf Scholz, along with Zoko Widodo, President of Indonesia, the guest country of honor at this year's industrial fair, jointly inaugurated the Hannover Messe. Approximately 3000 representatives from political, business, and economic sectors attended the opening ceremony that evening. Artificial intelligence and machine learning, hydrogen and fuel cells, energy management, carbon-neutral production, and Industry 4.0 are the five major themes of this exhibition. A series of expert conferences, forums, and activities will be held around these themes during the exhibition, gathering the latest industry trends. Dr. Jochen Koeckler, Chairman of the Managing Board of Deutsche Messe AG, stated: "This year's Hannover Messe will attract approximately 4000 exhibitors, and the audience will be even more international. China has always been an important partner of Hannover Messe, and Chinese exhibitors and visitors have shown strong willingness and interest in participating." In recent years, Chinese enterprises have focused more on exhibiting cutting-edge technologies and products, involving artificial intelligence, digital ecosystems, automation, robotics, industrial internet, and 5G applications. More and more enterprises are expanding their booths or setting up more distinctive stands for display, laying a good foundation for corporate image promotion and brand building. According to statistics, the number of Chinese enterprises participating in this exhibition is 730+, and the net display area reaches 12,000 square meters. TBEA, China Mobile, Haier COSMOPlat, Han's Laser, Donghua Chain, Baoguang Electric, and other well-known domestic exhibitors have made their appearance. Visitors will see a large number of high-quality domestic enterprises in sections such as "Automation, Power, and Transmission," "Digital Ecosystems," "Energy Solutions," "Innovative Technologies and Future Production," "Industrial Parts," "Compressed Air & Vacuum Technology," and "Hydrogen and Fuel Cell Zone" at the exhibition site. Relying on the world's largest international industrial exhibition, Hannover Messe in Germany, and held in a show-within-a-show format, Shandong Province has actively organized enterprises to participate for 14 consecutive years. During the 2022 pandemic, the exhibition played an active role in helping Shandong's electromechanical enterprises secure orders and expand markets through a "offline display + online negotiation" remote participation model. In 2023, the Shandong Provincial Department of Commerce hosted, and Shandong Zhenghe International Exhibition Co., Ltd. undertook the Hannover Messe in Germany and the China Shandong Electromechanical Products (Germany) Exhibition. A total of 49 enterprises, including Shandong Academy of Industrial Technology and Qingdao Aucma, participated, with a booth area of 450 square meters, showcasing high-quality products in areas such as intelligent machinery, industrial motors, laser equipment, energy equipment, and logistics equipment. The exhibition site was bustling with visitors and businesspeople; the long-awaited in-person meetings with new and old clients sparked and released a vibrant atmosphere for negotiations at the exhibition.

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04-20

Rain nourishes a hundred grains, all things come into season | Shandong's exhibition group makes a stunning appearance at Hannover Messe

Zhenghe Hosted | Deepening Cooperation, Mutual Development, Shandong Province-Russia Enterprise Cooperation Exchange Conference Successfully Held

On the afternoon of April 6, the Shandong-Russia Enterprise Cooperation and Exchange Conference, hosted by the Department of Commerce of Shandong Province, was held in Jinan, Shandong.At the conference, Alexander Kalinin, President of the Russian Union of Small and Medium Enterprises, introduced the development of the Russian Union of Small and Medium Enterprises. The governors of Chelyabinsk Oblast and Novgorod Oblast in Russia respectively promoted the economic and social development of their regions, expressing their anticipation of further strengthening communication and cooperation with Shandong.During this event, nearly 40 Russian enterprises and over 200 Chinese enterprises were organized. One-on-one matching and negotiation were carried out on-site based on the Russian side's preliminary intentions and procurement lists. The event covered multiple fields including industrial equipment, automobiles and auto parts, building materials, food and agricultural products, and logistics, promoting the export of Shandong enterprises to the Russian market.Shandong and Russia have always maintained close local economic and trade exchanges and deep cultural ties. It is understood that in 2022, Shandong's imports and exports to Russia reached 204.68 billion yuan, accounting for 6.1% of its total import and export volume. Russia has become Shandong's sixth-largest trading partner and second-largest import market.This event was fully serviced and executed by Shandong Zhenghe International Exhibition Co., Ltd.

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04-07

Zhenghe Hosted | Deepening Cooperation, Mutual Development, Shandong Province-Russia Enterprise Cooperation Exchange Conference Successfully Held

The highly anticipated SobMaExpo 2023 private brand exhibition opens today

SobMaExpo is a key element in the development of the private label sector and a major meeting place for representatives of retailers, brands, and manufacturers. Here, food and non-food manufacturers showcase their capabilities and offer optimal conditions for multi-format and specialized retail chains, e-commerce, and private clients. Confirmed exhibitors at the 2023 SobMaExpo include: Avangard, Avilor, Two Lines, AEROSTAR CONTRACT, Bag-Online, Botavikos-Club, BUMAGA-OPT, WECERLE COSMETICS, Galant Cosmetics, Glorus-Nord, GREENFIELD RUS, GROM, GES Cosmetics, POBEDA Confectionery Factory, Catherine Laboratory, MIRROLLA LAB, NEREST, PRIMECORP, Candle House Craftsman Workshop, Savonri, Sashera-Med, Setes Cosmetics, TD Natur Cosmetics, NEVIS Trading House, FABRIC PRODUCTION, etc. Buyers include X5 Group, SPAR Russia, Auchan, OZON fresh, Yandex.Market, Khoroshiy Vybor, Maxi, Chitay-Gorod, Sem+Ya, Guberniye Aptekki, IRIS, Erka Farm, KORZINKA (Uzbekistan), Evroopt (Belarus), Umai Group (Kyrgyzstan), etc. Regarding the Retail Connection Summit, the main topics for 2023 will be: 1. Forecasting and analysis: Trends in the development of the global contract manufacturing market in 2022-2023. 2. Strategy for creating and developing private labels (cases of federal networks and manufacturers). 3. Private labels in the blockchain: Trends and procedures in contract manufacturing. 4. Contract manufacturing in e-commerce. 5. Cosmetics and perfumes (including pharmaceuticals). 6. Private labels of pharmacy chains. 7. Representatives of the largest retail chains and marketplaces, manufacturers of private label products, and consulting companies are invited. The 8th annual Retailer Private Label Awards will be held as part of the 10th anniversary SobMaExpo 2023 exhibition. This award has become a landmark event for the largest regional and federal chains in Russia and the CIS. In 2022, 64 leading FMCG and specialized retail chains participated as nominees, aiming to create top-tier brands and take leading positions in the private label market. Winners and nominees included: Fix Price, Ozon Fresh, Azbuka Vkusa, Ashan, Globus, Dixy, Drogeri Union, Iris, Basket (Uzbekistan), Lenta, Leroy Merlin, Magnit, Perekrestok, Tabris, Erkapharm, Yandex.Market.

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04-04

The highly anticipated SobMaExpo 2023 private brand exhibition opens today
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