Yangtze River Delta foreign trade hits record 13.16 trillion yuan, robot exports surge 300%
Shanghai Customs reported that the Yangtze River Delta region's total foreign trade reached a record 13.16 trillion yuan in the first eight months of 2024, up 18.8% year-on-year and accounting for 37.8% of China's total. Exports of four types of robots surged 300% to 16 billion yuan. Electromechanical product exports rose 26.6% to 5.35 trillion yuan, with integrated circuits doubling. Trade with Belt and Road countries grew 21.7%.
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Yangtze River Delta foreign trade hits record 13.16 trillion yuan, robot exports surge 300%
According to Shanghai Customs statistics, the Yangtze River Delta region's total foreign trade reached 13.16 trillion yuan in the first eight months of this year, a record high for the period, up 18.8% year-on-year and accounting for 37.8% of China's total. This marks 18 consecutive months of growth. Exports rose 17.9% to 8.34 trillion yuan, and imports grew 20.4% to 4.82 trillion yuan. Trade with Belt and Road countries increased 21.7%, with RCEP members up 34.8%, and with ASEAN up 30.4%. Mechanical and electrical products led exports, growing 26.6% to 5.35 trillion yuan, including a doubling of integrated circuit exports. Notably, exports of four types of robots—surgical, intelligent bionic, cleaning, and industrial—reached 16 billion yuan, surging 300%. High-tech products closely related to AI rose 48.6%, and pharmaceutical exports grew 16.6%. Imports of mechanical and electrical products increased 36.2%, supporting advanced manufacturing.
Read sourceYangtze River Delta Foreign Trade Hits Record 13.16 Trillion Yuan, Robot Exports Surge 300%
According to Shanghai Customs, the Yangtze River Delta region's total foreign trade reached 13.16 trillion yuan in the first eight months of the year, a record high for the period and an 18.8% year-on-year increase. This marks 18 consecutive months of growth, with the region accounting for 37.8% of China's total trade. Exports rose 17.9% to 8.34 trillion yuan, while imports grew 20.4% to 4.82 trillion yuan. Trade with Belt and Road countries increased 21.7%, and with RCEP members by 34.8%. Notably, exports of electromechanical products, including integrated circuits (up 100%), ships (30.8%), and automobiles (66.8%), performed strongly. The 'new three' (EVs, solar, lithium batteries) exports grew 59.4%. A new category, 'new new three'—including robots, AI, and innovative drugs—saw robot exports surge 300% to 16 billion yuan, and AI-related high-tech product exports rose 48.6% to 2.24 trillion yuan. Imports of electronic components grew 72.5%, supporting advanced manufacturing.
Read sourceYangtze River Delta Robot Exports Surge 300% to 16 Billion Yuan in First Eight Months
Shanghai Customs reported on September 22 that the Yangtze River Delta region exported 16 billion yuan worth of four types of robots (surgical, intelligent bionic, cleaning, and industrial) in the first eight months of the year, a threefold increase year-on-year. This growth is part of a broader trend of rising high-tech exports from the region. Total exports of electromechanical products reached 5.35 trillion yuan, up 26.6%, accounting for 64.2% of the region's total exports. Key subcategories included integrated circuits (730.44 billion yuan, up 100%), ships (181.37 billion yuan, up 30.8%), automobiles (434.49 billion yuan, up 66.8%), and high-end equipment (492.64 billion yuan, up 22%). Emerging exports, such as electric vehicles, photovoltaic products, and lithium batteries, totaled 565.85 billion yuan, a 59.4% increase. High-tech products related to AI rose 48.6% to 2.24 trillion yuan. Imports also grew rapidly, with electromechanical product imports up 36.2% to 2.26 trillion yuan, supporting advanced manufacturing. The region's total foreign trade reached 13.16 trillion yuan, a record high for the period, up 18.8% and accounting for 37.8% of China's total, marking 18 consecutive months of growth.
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Yangtze River Delta Robot Exports Surge 300% to 16 Billion Yuan in First Eight Months
Shanghai Customs reported on September 22 that from January to August this year, the Yangtze River Delta region exported four categories of robots—surgical, intelligent bionic, cleaning, and industrial robots—worth 16 billion yuan, a threefold increase year-on-year. This surge is part of a broader trend of strong export growth in the region. During the same period, the delta exported 5.35 trillion yuan in electromechanical products, accounting for 64.2% of total exports and growing 26.6% year-on-year. Key subcategories included integrated circuits (730.44 billion yuan, up 100%), ships (181.37 billion yuan, up 30.8%), automobiles (434.49 billion yuan, up 66.8%), and high-end equipment (492.64 billion yuan, up 22%). The data highlights the region's growing dominance in advanced manufacturing exports.
Read sourceYangtze River Delta Robot Exports Surge 300% to 16 Billion Yuan in First Eight Months
According to Shanghai Customs data released on September 22, the Yangtze River Delta region exported 16 billion yuan worth of four types of robots—surgical robots, intelligent bionic robots, cleaning robots, and industrial robots—in the first eight months of this year, a threefold increase compared to the same period last year. This surge is part of a broader trend of strong export growth from the region. Customs statistics show that the Yangtze River Delta exported 5.35 trillion yuan in electromechanical products during the period, accounting for 64.2% of the region's total exports and representing a 26.6% year-on-year increase. Within this category, integrated circuit exports reached 730.44 billion yuan (up 100%), ship exports totaled 181.37 billion yuan (up 30.8%), automobile exports hit 434.49 billion yuan (up 66.8%), and high-end equipment exports amounted to 492.64 billion yuan (up 22%).
Read sourceYangtze River Delta Robot Exports Surge 300% to 16 Billion Yuan in First Eight Months
According to data released by Shanghai Customs on September 22, the Yangtze River Delta region exported 16 billion yuan worth of four types of robots—surgical robots, intelligent bionic robots, cleaning robots, and industrial robots—in the first eight months of this year, a threefold increase compared to the same period last year. This surge is part of a broader trend of rapid export growth in the region. Customs statistics show that from January to August, the Yangtze River Delta exported 5.35 trillion yuan in electromechanical products, accounting for 64.2% of the region's total exports and representing a 26.6% year-on-year increase. Within this category, integrated circuit exports reached 730.44 billion yuan (up 100%), ship exports totaled 181.37 billion yuan (up 30.8%), automobile exports amounted to 434.49 billion yuan (up 66.8%), and high-end equipment exports reached 492.64 billion yuan (up 22%). The data was reported by financial news outlet Jin10.
Read sourceYangtze River Delta's trade with emerging markets surges in first eight months of 2024
According to data released by Shanghai Customs on September 22, 2024, the Yangtze River Delta region (Shanghai, Jiangsu, Zhejiang, Anhui) saw significant growth in imports and exports with emerging markets during the first eight months of the year. Trade with Belt and Road Initiative countries reached 6.76 trillion yuan, up 21.7% year-on-year. Exports to RCEP member states rose 34.8% to 4.7 trillion yuan, while trade with ASEAN nations increased 30.4% to 2.29 trillion yuan. Exports to APEC economies grew 26.5% to 7.98 trillion yuan, and trade with Africa rose 15.7% to 664.81 billion yuan. The region's exports of electromechanical products totaled 5.35 trillion yuan, accounting for over 60% of total exports, up 26.6%. Notable export growth included integrated circuits (up 100% to 730.44 billion yuan), automobiles (up 66.8% to 434.49 billion yuan), and the 'new three' items (new energy vehicles, lithium batteries, photovoltaic products) which rose nearly 60% to 565.85 billion yuan. Robot exports surged 300% to 16 billion yuan, and high-tech products related to artificial intelligence increased 48.6% to 2.24 trillion yuan. On the import side, electromechanical product imports grew 36.2% to 2.26 trillion yuan, with electronic components up 72.5% and automatic data processing equipment up 110%.
Read sourceYangtze River Delta's trade with emerging markets surges in first eight months
Shanghai Customs data released on September 22 shows that from January to August this year, the Yangtze River Delta region (Shanghai, Jiangsu, Zhejiang, Anhui) recorded significant growth in imports and exports with emerging markets. Trade with Belt and Road countries reached 6.76 trillion yuan, up 21.7% year-on-year; with RCEP members 4.7 trillion yuan, up 34.8%; with ASEAN 2.29 trillion yuan, up 30.4%; with APEC members 7.98 trillion yuan, up 26.5%; and with Africa 664.81 billion yuan, up 15.7%. Exports of electromechanical products totaled 5.35 trillion yuan, accounting for over 60% of the region's total exports, rising 26.6%. Notable subcategories include integrated circuit exports surging 100% to 730.44 billion yuan, automobile exports up 66.8% to 434.49 billion yuan, and 'new three' products (new energy vehicles, lithium batteries, photovoltaic products) up nearly 60% to 565.85 billion yuan. Robot exports (surgical, intelligent bionic, cleaning, industrial) soared 300% to 16 billion yuan. Imports of electromechanical products rose 36.2% to 2.26 trillion yuan, with electronic components up 72.5%.
Read sourceYangtze River Delta region's foreign trade hits record high in first 8 months, up 18.8%
According to Shanghai Customs, the Yangtze River Delta region's total foreign trade reached 13.16 trillion yuan in the first eight months of the year, a record high for the period and an 18.8% year-on-year increase, accounting for 37.8% of China's total. Exports rose 17.9% to 8.34 trillion yuan, while imports grew 20.4% to 4.82 trillion yuan. Trade with Belt and Road countries increased 21.7%, with RCEP members up 34.8%, and with ASEAN up 30.4%. Exports of electromechanical products, over 60% of the total, grew 26.6%, driven by integrated circuits (up 100%), automobiles (up 66.8%), and ships (up 30.8%). The 'new three' (electric vehicles, solar products, lithium batteries) exports rose 59.4%. Robot exports surged 300%, AI-related high-tech product exports grew 48.6%, and pharmaceutical exports rose 16.6%. Imports of electromechanical products increased 36.2%, with electronic components up 72.5% and automatic data processing equipment up 110%, supporting advanced manufacturing.
Read sourceYangtze River Delta Foreign Trade Hits Record High, Up 18.8% in First Eight Months
According to Shanghai Customs data reported by CCTV on September 22, the Yangtze River Delta region's total goods trade reached 13.16 trillion yuan in the first eight months of 2024, a year-on-year increase of 18.8%, setting a new historical high for the period. This marks 18 consecutive months of positive growth. The region's share of China's total foreign trade rose to 37.8%, reinforcing its role as a national trade stabilizer. The four provincial-level units—Shanghai, Jiangsu, Zhejiang, and Anhui—showed distinct strengths: Shanghai saw AI-related product exports surge over 90%; Jiangsu benefited from its manufacturing base with rapid growth in integrated circuits and ships; Zhejiang's private enterprises contributed 82.6% of its trade, with high-value tech products driving growth; Anhui's monthly trade exceeded 100 billion yuan for six straight months, and its auto exports doubled in both volume and value, ranking first nationally. Exports of advanced robots, including surgical robots, reached 16 billion yuan, up 300%. Imports of key upstream electronic components grew over 70%, supporting the region's advanced manufacturing clusters.