Quzhou development zone sees boom in foreign trade

The Quzhou Economic and Technological Development Zone, the hub of Quzhou's industrial enterprises, achieved strong results in foreign trade in the first half of this year.

According to statistics, in the first six months, the Quzhou Economic and Technological Development Zone's imports and exports were valued at 20.35 billion yuan ($2.79 billion), a year-on-year increase of 18.93 percent and accounting for 61.67 percent of Quzhou's total imports and exports.

In addition, the zone attracted 42 projects with a total investment of 79.31 billion yuan, a year-on-year increase of 87.9 percent.

Finland's Metso has increased its capital in Quzhou seven-fold in 10 years. Foreign capital investment has now reached 220 million yuan and the company's production capacity has increased five-fold.

In addition, the zone arranged about 20 million yuan in assistance funds to help enterprises go overseas to obtain orders and expand into new markets. A total of more than 100 companies visited customers abroad and more than 60 companies participated in various overseas exhibitions.