The import and export value in the Xiong'an New Area in north China's Hebei Province soared in the first half of 2025, reaching 6.43 billion yuan (about 890 million U.S. dollars), marking a year-on-year increase of 306.9 percent, according to data from Xiong'an Customs.
Exports rose 19 percent to 1.52 billion yuan (about 211.46 million U.S. dollars) , while imports surged 1,539.8 percent to 4.91 billion yuan (about 683 million U.S. dollars).
The foreign trade increase was driven by the area's favorable investment attraction policies.
The Xiong'an New Area, located about 100 kilometers southwest of Beijing, was established on April 1, 2017. It aims to relieve Beijing of non-essential functions related to its status as the nation's capital.
The customs authorities in Xiong'an have been working with closely with departments overseeing free trade zones, bonded areas, and commercial investment promotion to attract central state-owned enterprises (SOEs) with outward-facing business units, and streamlined logistics and clearance measures.
To further diversify trade, Xiong'an Customs have surveyed business in processing trade, apparel, and plastics to learn about their needs and helped them address issues related to customs clearance, logistics, and financing.
Xiong'an foreign trade surges over 300 percent in first half of 2025
