Due to the influence of a series of factors that encourage import, including strong domestic demand, tariff reduction, and trade facilitation, the import of Zhejiang has grown greatly and the export has grown steadily in July.

According to the statistics of Hangzhou Customs, the import and export value of Zhejiang reached 1.58 trillion yuan, increasing by 9.3% year-on-year during the first seven months. Thereinto, the export value reached 1.17 trillion yuan, increasing by 6%, and the import value reached 411.32 billion, increasing by 20.1%. Both the value and the growth rate rank the first place in major coastal cities and provinces.