In the first eleven months of this year, regions such as the Yangtze River Delta, the Guangdong-Hong Kong-Macao Greater Bay Area, and the Beijing-Tianjin-Hebei region recorded stable growth in foreign trade volume. Market structure continued to optimise and trade momentum continued to strengthen.
In the Guangdong-Hong Kong-Macao Greater Bay Area, foreign trade in nine mainland cities reached 8.3 trillion yuan, representing a year-on-year increase of 4.6% and the highest value ever for the same period. Electromechanical products accounted for nearly 70% of imports and exports, with exports focusing mainly on high-tech products such as electronic components, computers and their parts. Imports of consumer goods for everyday use, including aquatic products and dairy products, increased by more than 20 %, indicating the significant role of domestic demand.
Foreign trade in the Yangtze River Delta (Jiang)) exceeded 15 trillion yuan for the first time in history in the first eleven months of the year, reaching 15.46 trillion yuan, representing a year-on-year increase of 6.2%. During the same period, trade with countries involved in the initiative increased. Belt and Road by 11 %.
In the Beijing-Tianjin-Hebei region, the total volume of foreign trade reached 4.3 trillion yuan. Of this, exports amounted to 1.32 trillion yuan, also reaching a historic high for the same period. Exports by private enterprises exceeded 600 billion yuan for the first time, growing by 16.1% year-on-year and already surpassing last year's full-year level. Private enterprises thus accounted for 47.4% of the region's total exports and became the main driver of regional foreign trade growth.
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