Foreign Trade Updates
The 139th Canton Fair Phase 2 (April 23-27) saw Jiangsu enterprises with record participation (3669 firms, 7719 booths). They showcased smart manufacturing products, secured orders, shifted to brand building, supported by customs (IP protection, supply chain, efficiency). Nanjing Customs boosts Jiangsu's foreign trade quality.
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Yingkou's piano industry transforms via second-hand piano bonded logistics; Yingkou Customs innovates supervision to cut clearance/logistics costs, targets 5000+ pianos (over 150M yuan) by 2025, with Q1 2026 bonded logistics up 12.9% (volume) and 33.5% (value) YoY.
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On April 27, multiple Chinese ministries launched the "From China to the World: Pilot Program for Integrated Development of TCM Service Consumption and Trade", identifying 18 pilot regions. Over the next three years, these regions will advance TCM cultural exchanges, tourism, health services, etc., to promote coordinated development and contribute to the global health community.
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In Q1 2026, China's foreign trade achieved a "good start" with record import/export scale, laying a foundation for the 15th Five-Year Plan. It showed strong growth, structural optimization, and kinetic energy transformation, with private enterprises growing notably, Belt and Road & diversified markets advancing, and mechanical/electrical & green products driving exports.
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Yiwu Customs’ "inspection before shipment" mode optimizes export LCL supervision, increasing efficiency by 30% and cutting cross-border e-commerce costs by 15%. It expands to cross-border e-commerce and sea-rail intermodal, supporting Yiwu’s small commodities exports and delivering policy dividends to enterprises.
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On April 24th, the "Shangang Tong" intelligent transfer import mode officially opened at Qingdao Qianwan Port, transitioning from "export breakthrough" to "comprehensive integration". Developed by Qingdao Customs (drawing on Greater Bay Area experience), it enables "one declaration, one inspection, one release" via "hub port+branch port" architecture, saving enterprises time and logistics costs, and boosting Shandong port cluster integration.
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From Jan-Mar 2026, 13987 foreign-invested enterprises were newly established (11% YoY increase); actual foreign investment was 249.6B yuan (7.3% YoY decrease). High-tech industries saw 30.7% YoY growth (41.2% of total). Investment from Luxembourg, Switzerland etc. increased.
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China's service trade is developing rapidly, with a 2025 target exceeding 8 trillion yuan. 2026 first two months data shows total import/export 114 trillion yuan, including knowledge-intensive services (42.5% of total). Policy support and "China Service" brand cultivation are key to expanding opening up and new growth points.
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In the first quarter of this year, Xiong'an New Area's foreign trade import and export reached 20.55 billion yuan, up 17.6 times year-on-year. Xiong'an Customs focused on serving Beijing's non-capital functions, building characteristic port system and promoting industrial upgrading, with measures like "one enterprise one policy" and "district-port linkage", boosting exports of biodegradable plastics to over 20 countries.
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Ningxia’s Q1 2026 foreign trade reached 6.36B yuan (31.5% YoY growth). Top partners: EU, ASEAN, Ghana; Belt and Road trade up 48.7%. Private enterprises dominate (92.1%). Export structure optimized (electromechanical, high-tech). Yinchuan Customs will boost open economy development.
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Qingdao Customs data shows Q1 2026 import-export reached 219.37B yuan (3.8% YoY growth). Key traits: all trade modes grew, private enterprises led, emerging markets expanded, Belt and Road/RCEP trade increased, electromechanical/agricultural exports and agricultural/metal ore imports grew.
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In Q1 2026, Tongjiang Railway Port's China Europe freight trains had 97.3% train and 147% TEU growth. Tongjiang Customs used facilitation measures (one-on-one guidance, appointment clearance, Railway Express) and tech empowerment to speed up clearance, enhancing the port's radiation capacity with 18 trains carrying goods like electronics and construction parts.
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Fujian, core of 21st Century Maritime Silk Road, had 250.71b yuan import-export with Belt and Road countries in 2026 Q1 (up 8.1% YoY). General trade dominated (80.9%), private enterprises led (64.4%). Exports: electromechanical/labor-intensive products; imports: bulk commodities. Fuzhou Customs supported trade via facilitation.
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Xianlang Pet Food (Fujian) Co. Ltd. exported its first poultry formula pet food to Malaysia under Nanping Customs supervision. Specializing in high-end fresh meat pet food, the company got one-on-one customs assistance and plans to expand to more Southeast Asian markets.
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Against global green energy transformation, Fujian’s solar cell exports hit 1.09 billion yuan in Q1 2026 (231.9% YoY growth). Private enterprises led, with sharp growth in emerging markets (ASEAN, Brazil, Africa) and strong EU exports. Fuzhou Customs supported via smart initiatives to boost overseas competitiveness.
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Fujian’s LCD flat panel display modules exports reached 4.75 billion yuan (up 17.9% YoY) in Q1 2026 (4th in China). Emerging markets (ASEAN, Mexico) and traditional markets (EU, S.Korea) saw growth. Processing trade and foreign-invested enterprises were main forces, with Fuzhou Customs providing policy support.
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Fujian Province’s plastic product exports in Q1 2026 reached 8.88 billion yuan (7.5% YoY growth), ranking 6th nationally. Private enterprises are the main force, with ASEAN and EU as key markets. Fuzhou Customs supports via smart measures to boost clearance convenience.
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Hubei's Q1 automobile exports (including chassis) reached 7.61 billion yuan, up 88.6% YoY; Belt and Road exports hit 5.69 billion yuan (75.5% up). New energy vehicles accounted for 60% of total auto exports (4.32B yuan, 140% up). Logistics, structural optimization (independent brands, NEVs) and policy support drive growth.
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In Q1 this year, Qingdao Jiaodong International Airport recorded 7k+ inbound/outbound flights (13% YoY growth) and 930k+ passengers (24% YoY growth), with 170k+ foreign tourists (51% YoY growth). Supported by visa-free policies, extended routes, optimized customs (smart customs, double pre-inspection) and international transit network, it’s becoming an important inbound tourism gateway. Korean tourists favor it for short trips, with 30 daily round-trip flights to S. Korea. International transit passengers reached 189k (37% YoY growth).
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Hengqin Free Trade Zone marks 11th anniversary; Gongbei Customs reports robust import/export growth, innovative "Guangdong Macao Joint One Stop" clearance, bonded leasing supervision, and Qin'ao integration measures, with reform innovations driving trade and cross-border convenience.
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