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Manufacturing leader Shenzhen's foreign trade import and export performance in the first half of the year was outstanding
11 months ago
Source:SoNewsCn

Torchbearer Amir interacts with performers at the Arc de Triomphe in Paris on July 15. Photo by Xinhua Agency reporter Xu Chang

Xinhua Agency, Shenzhen, July 23 (Reporters Wang Feng and Liang Xizhi) Gao Ju Innovation has launched nearly a thousand drones to light up the night sky in Paris, and dozens of high-quality LED screens on Abbison have appeared at the opening ceremony of the Paris Olympics and various competition venues. More than 180 boarding bridges of CIMC Group have escorted the rapid passage of delegations from various countries... The 2024 Paris Olympics is about to open, and various products from Shenzhen, a major manufacturing town in China, will also shine.

CIMC Tianda, a subsidiary of CIMC Group, is one of the world's major suppliers of boarding bridges, providing and about to deliver more than 10000 boarding bridges to more than 400 airports in 89 countries and regions around the world. Zheng Zuhua, managing director of the company, said: "The Olympics is a new opportunity for companies to 'go out to sea' and will use this as an opportunity to further explore the international market."

Since the beginning of this year, China's overall foreign trade has performed strongly, with Shenzhen particularly outstanding. Data released by Shenzhen Customs on the 20th showed that in the first half of 2024, Shenzhen's import and export volume was 2.2 trillion yuan (RMB, the same below), a year-on-year increase of 31.7%, ranking first in mainland China's foreign trade city, accounting for 10.4% of the country's total.

Solid manufacturing is the key to Shenzhen's foreign trade advantages, especially in the fields of mechanical and electrical product manufacturing and the manufacturing of "three new" products such as new energy vehicles, energy storage, and photovoltaics.

Shenzhen Customs data shows that in the first half of the year, Shenzhen exported 948.99 billion yuan of mechanical and electrical products, an increase of 21.4%. Among them, exports of "three old goods" such as mobile phones, automatic data processing equipment (computers), and household appliances totaled 168.45 billion yuan, an increase of 18.9%; exports of electronic components were 137.23 billion yuan, an increase of 29.3%.

In the "three new products" manufacturing field, in the first half of this year, Shenzhen exported 12.87 billion yuan of new energy vehicles and 2.48 billion yuan of photovoltaic products respectively, an increase of 51.7% and 81.6%. In particular, the manufacturing of new energy vehicles has become the backbone of foreign trade and exports.

"Currently, the transformation of the automobile industry has entered a deep water area, electrification transformation continues to drive on the fast lane, and intelligent transformation has begun to shift gears and speed up. The development of new energy vehicles will only grow faster and continue to deepen." said He Long, vice president of BYD Co., Ltd.

On January 14, 2024, the "BYD EXPLORER NO.1"(BYD "Pioneer 1") ro-ro ship arrived at Xiaomo International Logistics Port in Shenzhen Port. Photo by Xinhua Agency reporter Wang Feng

Looking at all fields of Shenzhen's manufacturing industry, there is a boom in accelerating transformation and upgrading and developing new productive forces. As a traditional home appliance manufacturing company, Skyworth Group's turnover in 2023 is 69.03 billion yuan, of which the turnover of new energy business, including photovoltaics, energy storage and other products, is approximately 23.4 billion yuan, becoming the second largest business after the smart home appliance business.

Data shows that in the first half of this year, Shenzhen's imports and exports to the top ten trading partners maintained double-digit growth levels, and its imports and exports to countries jointly building the "Belt and Road" increased by more than 40%.

In recent years, the volume of China-Europe freight trains (Shenzhen) has continued to be stable and improving, the export structure has been continuously optimized, and the categories of goods have been continuously enriched. On May 16 this year, a train loaded with 673 tons of cargo including liquid crystal displays, sweeping robots, and color Doppler ultrasound systems departed from Shenzhen Pinghu South Railway Hub for Central and Eastern Europe.

"With the in-depth implementation of the 'Belt and Road' initiative, China-Europe Train (Shenzhen) has become an important bridge connecting the Guangdong-Hong Kong-Macao Greater Bay Area and Europe. Since the beginning of this year, we have supported train operators to launch the Budapest route in Hungary again, allowing companies to further expand their markets." Xu Zhenkang, chief of the First Inspection Section of Sungang Customs under Shenzhen Customs, said.