Zhejiang Grand Imp. & Exp. Co., Ltd.'s total imports in 2007 reached US$365.91 million, an increase of 56.7% over the previous year. On February 20, 2008, at the 2007 International Foreign Trade and Economic Enterprise Advanced Commendation Conference, Zhejiang Grand Imp. & Exp. Co., Ltd. was awarded the 2007 “Advanced Import Enterprise” award, which affirmed our contribution to the development of Ningbo's open-ended economy.