China's inter-provincial trade sales up 1.3% in first 8 months, advanced manufacturing flows accelerate

Beijing, September 23 (China News Service) — According to data released by the State Taxation Administration, China's inter-provincial trade has maintained steady growth in the first eight months of the year, with key regions demonstrating strong external sales radiation effects. The transportation, logistics, and information service sectors also recorded steady expansion, while inter-provincial flows in advanced manufacturing accelerated.

Steady Growth in Inter-Provincial Trade, Key Regions Show Strong External Sales

In the first eight months, inter-provincial trade sales revenue increased by 1.3% year-on-year, accounting for 41.4% of total sales revenue — a rise of 0.5 percentage points compared to the same period last year. Among China's 31 provincial-level regions, 20 recorded positive year-on-year growth in inter-provincial sales, representing a growth coverage rate of 64.5%.

Key regions saw faster growth in sales outside their own areas. During the period, sales revenue from the Beijing-Tianjin-Hebei region and the Yangtze River Delta region to external areas grew by 1.6% and 1.8% year-on-year, respectively, both exceeding the national average growth rate for inter-provincial trade sales.

Cross-Provincial Growth in Transport, Logistics, and Information Services Lowers Transaction Costs

Invoice data shows that in the first eight months, inter-provincial sales revenue in the transportation, warehousing, and postal sectors grew by 8.2% year-on-year. Notably, inter-provincial sales in multimodal transport increased by 9.5%, reflecting the growing capacity of new business models and formats in transportation.

Cross-provincial information sharing also accelerated. Data indicates that inter-provincial sales revenue in the information services sector surged by 41.1% year-on-year during the period.

Cross-Provincial Remote Sales Rise, Advanced Manufacturing Flows Accelerate

1. Steady growth in cross-provincial remote sales: Invoice data shows that the number of tax-related business entities engaged in cross-provincial remote sales increased by 10.7% year-on-year in the first eight months, accounting for 56.5% of all entities with sales activities — an increase of 1.9 percentage points from the same period last year.

2. Accelerated inter-provincial flows in advanced manufacturing: Invoice data reveals that advanced manufacturing sectors — including integrated circuits, lithium-ion batteries, intelligent vehicle-mounted equipment, and electronic specialty materials — actively participated in the domestic economic cycle. Their inter-provincial sales revenue grew by 59.3%, 59.7%, 39%, and 74.3% year-on-year, respectively.