Foreign trade hit 15.8 billion yuan from January to October this year in Pingtan, an island off E China’s Fujian province as well as the closest place on the mainland to the island of Taiwan. Island exports reportedly took up 8.17 billion yuan, a 6.9% year-on-year increase, according to the Pingtan Customs.  

The general trade took the lion’s share. From January to October, the imports and exports for general trade were 15.47 billion yuan, an increase of 1.7 percent year-on-year, accounting for 98% of the total imports and exports in the same period; the imports and exports of processing trade were 70 million yuan, rising 8.9% year-on-year.

Taiwan was Pingtan's largest trading partner from January to October, with imports and exports to the island soaring at 6.13 billion yuan, a 7.8 % year-on-year increase. This account for close to 38.8% of total imports and exports. Total exports to Taiwan stood at 5.31 billion yuan, a year-on-year increase of 28.8%   

Private enterprises took the reins of the trade market. Their imports and exports stood at 15.35 billion yuan, an increase of 9.7 % year-on-year, accounting for 97.2 % of the total in the same period. Total imports and exports of foreign investors came up to 450 million yuan, accounting for 2.8 % of the total during the same period.

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