East China’s Jiangsu province reported a recovery in import and export growth in April by recording import and export volume of 421.48 billion yuan, up 14.2% year on year, thanks to the series of policies and measures aimed at stabilizing growth.

Changzhou Wanbang Digital Energy Home Energy Storage System has recently been selected for the German iF Product Design Award, which is known as the Oscar in the design industry.

This new energy equipment that integrates light storage and charging can effectively save household electricity expenses. The prototype of this product was first exported last month.

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“The electricity prices in Europe are very high, providing us with great market opportunities. Starting from this year, energy is our biggest growth point, and we will receive many orders from customers in the future,” said Zhang Libin, Director of International Operations Support Department of Wanbang Digital Energy Co., Ltd.

Changzhou has a complete new energy industry chain, with continuous growth in product exports represented by electric passenger cars, solar cells, and lithium batteries.

The local customs have launched a "service package" of "pre inspection, immediate inspection and release, and hierarchical management" to assist foreign trade enterprises in exploring new markets.

“We actively explore new means of "smart supervision", promote customs clearance facilitation measures such as "early declaration" and "two-step declaration", and guide enterprises to handle goods import and export procedures through a "single window" for international trade,” said Li Hao, Deputy Director of Changzhou Customs.

High tech and high value-added products represented by electricity, light, and lithium are leading the green transformation and becoming new growth points and advantageous industries for Jiangsu"s exports.

From January to April, Jiangsu recorded an export of 69.23 billion yuan for solar cells, lithium batteries, and electric passenger vehicles, with the growth rate increasing from 27.6% in the first quarter to 33.9%.

Many textile enterprises in Suzhou are starting to make innovation and seek changes as they face a slowdown in economic growth in developed economies, making it hard for them to win a large number of orders.

A customer from the United States made a special trip to Shengze Town, Suzhou to seek the most suitable fabric for outdoor clothing products by conducting face-to-face talks.

“They have provided us with excellent creativity and various fabric solutions, particularly innovative and professional. Shengze has a strong comparative advantage in fabrics, so we can find the best partners here,” said Chris De Witt, Director of Product Design and Innovative Operations for SportMaster Sports Brand.

Suzhou recently released the "Several Policy Measures for Promoting Stable Scale and Optimal Structure of Foreign Trade" in a bid to support enterprises to participate in exhibitions and expand their markets by providing subsidies of no more than 80% of their actual expenses for booth fees and return shipping fees for large exhibits participating in overseas exhibitions, guiding foreign trade enterprises to actively expand the RCEP market, and encouraging the expansion of advantageous product exports.

“The introduction of policy measures will help foreign trade enterprises solve practical problems, help them reduce costs and increase efficiency, continuously improve comprehensive competitiveness, enable foreign trade enterprises to stabilize expectations, strengthen confidence and vitality, and promote high-quality development of foreign trade,” said Shen Jianchun, Director of the Foreign Trade Department of Suzhou Municipal Bureau of Commerce.