China's key regions, including the Yangtze River Delta, the Guangdong-Hong Kong-Macao Greater Bay Area, and the Beijing-Tianjin-Hebei region, reported steady growth in foreign trade in the first 11 months of this year.
From January to November, nine mainland cities in the Greater Bay Area recorded a total import and export value of 8.3 trillion yuan (about 1.2 trillion U.S. dollars), marking a year-on-year increase of 4.6 percent and a record high for the same period in history.
Nearly 70 percent of the import and export goods were mechanical and electrical products, with exports primarily being high-tech products such as electronic components, computers, and related parts.
Imports of production materials, including integrated circuits and semiconductor manufacturing equipment, saw significant growth, while imported consumer goods such as aquatic and dairy products, surged by over 20 percent.
From January to November, the total import and export value of the Yangtze River Delta region reached 15.46 trillion yuan, increasing by 6.2 percent year on year. Specifically, the region's two way trade volume with Belt and Road partner countries rose by 11 percent in the same period.
In the first 11 months, the total import and export value of the Beijing-Tianjin-Hebei region hit 4.3 trillion yuan. Among them, exports amounted to 1.32 trillion yuan, setting a record high for the same period in history.
Notably, exports by private enterprises exceeded 600 billion yuan for the first time, growing by 16.1 percent and accounting for 47.4 percent of the region's total exports during the period.
China's key regions post noticeable foreign trade growth from January to November
