Foreign Trade Updates
On April 21, 2026, Ningbo launched a new round of cross-border trade facilitation reform with 24 measures focusing on four core areas, targeting industries like the "new three types", promoting smart port construction, optimizing business environment, aiming for 2.7 trillion yuan import-export by 2025.
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In Q1 2026, China's industrial added value above designated size rose 6.1% YoY with 31 provinces growing; high-tech manufacturing up 12.5%, equipment manufacturing 8.9%; 5G coverage expanded, 25k+ "5G+industrial Internet" projects built; MIIT introduced industrial and informatization development.
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China, a major trading nation, stabilizes global trade. In 2025, its foreign trade hit a record 45.47 trillion yuan, with Belt and Road trade accounting for 51.9%. It deepens service trade opening, optimizes trade structure, expands trade with global southern countries, and promotes the multilateral trading system and inclusive economic globalization.
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China's Ministry of Commerce submitted comments on the EU Cybersecurity Law draft, expressing serious concerns. It points out the draft violates WTO rules, abuses power, and will harm China-EU trade and global supply chains. China calls on the EU to abandon Cold War mentality, revise the draft, otherwise it will take countermeasures.
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According to Huangpu Customs, Zengcheng West Station issued 102 international trains (up 24%) and 10302 TEUs (up 31%) in Q1 2026. E-commerce trains grew 150x in TEUs. Customs innovated supervision (e.g., "two inspections in one") to improve efficiency. The station forms a logistics network covering 34 cities in 17 countries, exporting Bay Area products.
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Mount Wuyi Customs has supported Wuyi tea industry development over five years via source control, service optimization and tech-trade integration, expanding registered entities, increasing exports and helping Wuyi tea go global.
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On April 18, goods via Railway Express (fast customs clearance) departed Pinghu for Duisburg. Shenzhen Customs’ 2024-launched mode is used by all its China-Europe trains, boosting efficiency and cutting costs. Shenzhen’s trains have 28 routes to 47 regions; Q1 2026 saw 64 trains (up 72.97% YoY) worth 2.187b yuan, supporting GBA and Belt & Road.
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National Bureau of Statistics data shows China's service industry added value rose 5.2% YoY in Q1 2026, accounting for 61.7% of GDP. Modern sectors like info tech and leasing grew rapidly, with new drivers expanding. Policy support and positive indicators (e.g., 50.2% business activity index in March) signal strong high-quality development momentum.
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China's 2026 Q1 GDP grew 5.0% YoY, with stable growth providing global public goods. Green products exports surged, Belt and Road trade rose 14.2%, and China opened scientific infrastructure to the world, demonstrating its responsible major power role.
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According to Shanghai Customs, Shanghai Port exported 839,000 vehicles (up 48.7% YoY) in Q1 this year, with 479,000 electric vehicles (79.2%). Driven by Waigaoqiao Port Area and Lingang Nangang Port, plus customs facilitation, domestic NEVs reach global markets faster. Customs adopted green windows, paperless operations etc. to speed up clearance.
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On April 15th, a China Europe freight train loaded with over 400 tons of goods departed Guangzhou International Port via Erenhot Port. Since 2022 launch, Guangzhou Customs supervised over 1 million tons of cargo, 1566 trains, 146800 containers. Goods upgraded to high value-added (new energy vehicles, etc.), with 19 stable routes serving 4000+ enterprises. Customs facilitates clearance, driving GBA foreign trade high-quality development.
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Zhengzhou Customs reports Q1 Zhengzhou Airport's supervised international cargo/mail up 21.8% (163200 tons) and flights up 11.8% (4850). It strengthened mechanisms, optimized routes, innovated clearance (e.g., "zone-port integration"), boosted fresh food imports (up 80.03% in batches), bringing dividends for Henan's foreign trade.
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