Author：AliceDate：2024-12-18
The Central Economic Work Conference set the tone for economic work in 2025, and "stabilizing foreign trade" was listed as one of the nine key tasks, providing a fundamental guideline for promoting foreign trade, supporting the economy, and stabilizing growth. The subsequent meeting of the Standing Committee of the Guangdong Provincial Party Committee proposed to play a combination of foreign investment and foreign trade for foreign trade development, stabilize the existing volume, expand new volume, and take multiple measures to stabilize the basic foreign trade market.
Foreign trade is one of the three major drivers of the economy. The total value of trade imports and exports can, to a certain extent, reflect the economic vitality and degree of economic openness of a country or region.
Data from the General Administration of Customs show that in the first 11 months of 2024, the total value of my country's imports and exports of goods was 39.79 trillion yuan, a year-on-year increase of 4.9%. Guangdong's foreign trade report card is impressive, with imports and exports growing by 10%. With a total value of 8.27 trillion yuan, it continues to be the largest foreign trade province in the country, accounting for 20.8% of the country's share, fully demonstrating the role of "the main force of foreign trade" and "economic ballast stone".
Looking back at 2024, facing the external environment of weakening external demand and sluggish growth of major economies, Guangzhou still demonstrated strong resilience - in the first three quarters, the province's total import and export volume was 6.75 trillion yuan, an increase of 11.1% year-on-year, more than twice the national average (5.3%), a record high for the same period in history, and the only province in the country's major foreign trade provinces to achieve double-digit growth. Import and export scale and proportion continue to be "double champions".
The demand for exporting to the sea, such as automobile manufacturing, new display, power batteries, household appliances, and smart devices, is hot. From January to October, the export of new energy vehicles was 35.35 billion, an increase of 49.3%; the export of ships was 25.38 billion, an increase of 54.8%; the export of drones was 11.9 billion, an increase of 19.6%. The scale of import and export of industries such as intermediate products, "new three things", and low-altitude economy continues to expand! At the same time, empowering with science and technology, enhancing the added value and competitiveness of export products, and promoting the development of innovative formats such as high-end manufacturing and digital trade are providing a steady stream of momentum for foreign trade!
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