Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
GUANGZHOU, July 19 (Xinhua) — South China's Guangdong Province's import and export volumes hit a record high in January-June 2025, compared with the same periods in previous years, according to data from the Guangdong branch of the General Administration of Customs.
Guangdong Province's total foreign trade reached 4.55 trillion yuan (about 633.9 billion U.S. dollars), up 4 percent year on year and 1.1 percentage points higher than China's average growth rate. Exports totaled 2.89 trillion yuan, up 1.1 percent year on year, while imports surged 9.5 percent to 1.66 trillion yuan.
Since the third quarter of 2023, Guangdong Province has maintained positive growth for eight consecutive quarters. Trade forms have been continuously optimized. In the first half of 2025, the proportion of imports and exports carried out in the form of general trade was about 60%. The import and export volume of bonded logistics business was 912.62 billion yuan, an increase of 14% year on year, exceeding that of processing trade.
During the reporting period, Guangdong Province registered 130,000 foreign trade enterprises that actually carried out imports and exports, more than 9,000 more than the same period a year earlier. In particular, the number of non-state enterprises reached about 110,000, accounting for 84 percent of the total number of foreign trade enterprises, and their turnover exceeded 60 percent of the province's total foreign trade.
Guangdong Province's trading partners are becoming more diversified. In the first half of the year, Guangdong's foreign trade with countries participating in the Belt and Road Initiative amounted to 1.79 trillion yuan, up 3.8 percent. At the same time, the province's trade with the Hong Kong Special Administrative Region, the European Union, Taiwan, Japan and the Republic of Korea also increased. In addition, trade with Africa and the five Central Asian countries (Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan and Turkmenistan) grew by 8.5 percent and 23.1 percent, respectively, exceeding the overall figure.
Guangdong Province's high-tech and branded product exports continue to grow. The export volume of electromechanical products increased by 7.2 percent to reach 1.96 trillion yuan, accounting for nearly 70 percent of the province's total export volume. Meanwhile, the export volume of products under its own brands amounted to 655.27 billion yuan, an increase of 11.2 percent.
Thanks to the expansion of domestic demand, imports of electromechanical products increased by 19.3 percent in January-June 2025, reaching 1.16 trillion yuan, accounting for 70 percent of the province's total imports. In addition, imports of consumer goods including food, cosmetics and personal care products also increased. -0-
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