Foreign Trade Updates
On April 15th, the X8426 China Europe freight train (carrying new energy vehicles etc.) departed Guangzhou International Port, arriving in Europe in 16 days. Guangzhou Customs supervised 1.004 million tons of export cargo, 1566 trains, 146800 containers. It has 19 stable routes connecting over 20 countries/40 cities, serving 5000+ foreign trade enterprises.
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In Q1 2026, Shenzhen's imports and exports totaled RMB 1.32 trillion (33.6% YoY). General trade accounted for 53.0%, private enterprises 72.9%. HK, ASEAN, EU were top partners; mechanical/electrical products saw rapid growth.
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On April 10th, Gongbei Customs announced that in Q1 2026, it issued 39300 certificates of origin (15.302b yuan, up 15.2%/14.5% YoY). Xiangzhou Customs issued a CAFTA certificate to a Zhuhai enterprise for acetate products (2.9351m yuan, zero tariff in Vietnam). Enterprises benefit from tariff preferences via FTAs, and Gongbei Customs will optimize origin visa services.
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The Hong Kong Zhuhai Macao Bridge’s Zhuhai Highway Port recorded Q1 2026 import/export of 96.17B yuan (+55.4% YoY). It’s a key foreign trade channel with ASEAN growth, smart manufacturing (MiC) exports, fresh food imports via cold chain, and customs facilitation.
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The 139th Canton Fair takes AI as a "traffic driver". Embracing AI is a consensus for foreign trade enterprises, necessary for their transformation/upgrading and cultivating new competitive advantages. Enterprises should accelerate digital transformation, while the industrial chain needs to layout AI products to activate new foreign trade growth drivers.
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Since April 2026, multiple Chinese cities (Beijing, Chongqing, etc.) and the central government have issued new business environment optimization policies, focusing on supporting foreign-funded enterprises, balancing market entities' entry/exit, and central-local collaboration to build a first-class market-oriented, rule-of-law, international business environment.
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In the first quarter, 11 provinces/cities in the Yangtze River Economic Belt's foreign trade reached 5.51 trillion yuan (new high, 15.4% YoY). Trade with Belt and Road countries was 2.8 trillion yuan (16.4% YoY), and high-tech product trade hit 1.71 trillion yuan (27.7% YoY).
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Chinese brands are gaining global popularity (e.g., tea chains, BYD) as China shifts from low-cost manufacturing to renowned consumer brands. "Made in China" now symbolizes innovation, though challenges like tariffs exist; future focus is on innovation and local adaptation.
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The Dongguan-Hong Kong Airport Center (in Dongguan Humen Port Comprehensive Bonded Zone), an "airport without runways", extends Hong Kong International Airport's core functions for one-stop global delivery. In 3 years, it hit over 65 billion yuan in import-export value (217% annual growth), serving 2000+ GBA enterprises, cutting logistics costs by 30% and optimizing customs clearance.
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Guiyang Customs data shows Guizhou's Q1 fresh fish exports reached 1015.4 tons (30.898m yuan), up 340.1% and 190.5% YoY. Policy support and customs measures drive growth, with species like sturgeon and eel exported. Departments will keep optimizing services to expand global markets.
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In Q1 2026, Ningbo Customs issued over 10k Latin America origin certificates (¥2.5B, 97% self-service). China-Latin America FTA network grows with tariff cuts. Qiankai Port (BRI) shortens China-Peru shipping by 10+ days. Ningbo Customs supports enterprises via policy interpretation and "one enterprise one policy". Chinese firms shift to full-chain cooperation (e.g., Geely's NEV exports).
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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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