Guangdong has exported a large number of new energy vehicles from its Guangzhou terminal in late March since 2023.
Guangzhou government officials and marketers say the new market for low-carbon green products is now the main driver of exports in the second half of the year.
In the first five months of 2023, total exports from China’s major export terminals, including the North, Shanghai, Guangzhou and Jiangsu and Zhejiang, exceeded a trillion yuan. These figures all show a growth trend. Customs data show that during these five months, Guangdong’s total foreign trade imports and exports ranked first in the country, and Shanghai’s total imports and exports also reached a record high.
Guangdong Customs said that Guangdong’s foreign trade import and export pressure is still high, but the overall show a steady and small growth has fluctuations. However, due to the overall factors of foreign trade this year, in May my growth value is lower than expected.
To further stabilize social expectations and boost foreign trade confidence, the General Administration of Customs said earlier this month that it has launched 16 initiatives to encourage Chinese exporters to ship more products to other parts of the world.
Wu Haiping, head of GAC’s integrated operations department, said it would improve the efficiency of cross-border logistics, promote the import and export of important agricultural products and foodstuffs, facilitate export tax rebates and upgrade trade processing, and optimize trade supervision in border areas.
Last year, the General Administration of Customs introduced 23 measures to stabilize foreign trade, providing solid support for the record high scale of China’s foreign trade.
As a sign of China’s trade structure optimization and high-quality trade growth, the rise of green exports in the past decade has also highlighted the competitive advantages and potential of the respective industries.
For example, Nanjing Customs data show that from January to May, Jiangsu enterprises’ exports of solar cells, lithium batteries and new energy vehicles increased by 8%, 64.3% and 541.6% respectively, with a combined export value of 87.89 billion yuan.
This shift has created many growth points for private companies to expand their market share in the Middle East, Africa, Southeast Asia and European countries, said Zhou Maohua, an analyst at China Everbright Bank.
Post time: Jul-03-2023