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 experienced stable growth in the volume of foreign trade. The structure of markets continued to be optimized, and the dynamism of trade 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 recorded for the same period. Nearly 70% of imports and exports consisted of electromechanical products, with exports focused primarily on high-tech products such as electronic components, computers, and their parts. Imports of consumer goods for daily use, including aquatic products and dairy products, increased by more than 20%, indicating a significant role for domestic demand.

Foreign trade in the Yangtze River Delta exceeded 15 trillion yuan for the first time in history during the same period, reaching 15.46 trillion yuan, representing a year-on-year increase of 6.2%. During the same period, trade with countries involved in the "Belt and Road" initiative increased 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 historical high for the same period. For the first time, exports by private enterprises exceeded 600 billion yuan, representing a year-on-year increase of 16.1% and already surpassing the full-year level of the previous year. Private enterprises thus accounted for 47.4% of the region's total exports and have become the main driving force behind the growth of regional foreign trade.

CMG