The foreign trade of east China's affluent Yangtze River Delta hit a record high in total value in 2024, according to the customs administration of east China's financial hub of Shanghai.
The delta, encompassing the provinces of Jiangsu, Zhejiang, and Anhui, as well as the Shanghai Municipality, has been considered as one of China's most economically vibrant regions.
Data show that in 2024, the delta region's total goods imports and exports reached 16.01 trillion yuan (about 2.21 trillion U.S. dollars), up 5.6 percent year on year, accounting for 36.5 percent of the national total in the same year.
In particular, the region's exports grew 8.2 percent year on year to 9.95 trillion yuan (1.37 trillion U.S. dollars), while imports expanded 1.5 percent from one year earlier to 6.06 trillion yuan (836.4 billion U.S. dollars).
The region's foreign trade with nations involved in joint construction of the Belt and Road, other Regional Comprehensive Economic Partnership (RCEP) members, and other BRICS countries stood at 7.7 trillion yuan (1.06 trillion U.S. dollars), 4.9 trillion yuan (676.3 billion U.S. dollars) and 2.13 trillion yuan (294 billion U.S. dollars) respectively.
Also in the last year, mechanical and electrical products from the Yangtze River Delta region took a lion's share of its export, amounting to 5.96 trillion yuan (822.6 billion U.S. dollars).
Among them, integrated circuit, ship and vehicles were the highlights, with their exports hitting 455.35 billion yuan (62.85 billion U.S. dollars), 198.17 billion yuan (27.35 billion U.S. dollars) and 326.08 billion yuan (45 billion U.S. dollars) separately. The export performance of high-end equipment and new high-tech products was quite good as well, with their volume reaching 261.16 billion yuan (36 billion U.S. dollars) and 2.23 trillion yuan (307.8 billion U.S. dollars) respectively.
Foreign trade of China's Yangtze River Delta region hits new high in 2024
