Trade between the nine mainland cities in the Greater Bay Area (GBA) and Asia Pacific Economic Cooperation (APEC) countries hit a record 5.58 trillion yuan (around 837 billion U.S. dollars) during the first three quarters of 2026, representing a year-on-year increase of 26.7 percent, according to the latest customs data.
High-end manufactured goods, including machinery, electronic goods and integrated circuits, along with green products, were the main drivers of this growth.
The nine major cities in the GBA are Guangzhou, Shenzhen, Zhuhai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen, and Zhaoqing in Guangdong Province. Together with the Hong Kong and Macao special administrative regions, these cities form one of China's most dynamic economic hubs.
Trade between Greater Bay Area cities and APEC countries hits record high
Chinese Foreign Minister Wang Yi held talks with Icelandic Foreign Minister Thorgerdur Katrin Gunnarsdottir in Beijing on Thursday.
Noting that this year marks the 55th anniversary of the establishment of diplomatic relations between China and Iceland, Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, said China appreciates Iceland's consistent adherence to the one-China policy and stands ready to share development opportunities with Iceland.
The two sides should strengthen coordination and work to promote a more just and equitable global governance system, Wang said.
Wang also briefed his Icelandic counterpart on the fifth plenary session of the 20th Central Committee of the Communist Party of China.
China's success is of great significance to the world, Gunnarsdottir said, adding that Iceland attaches great importance to the bilateral relations and stands ready to strengthen coordination with China.
Chinese FM holds talks with Icelandic foreign minister
