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. Key regions have demonstrated strong outward sales radiation effects, while transportation, logistics, and information services have also grown steadily. In addition, inter-provincial flows in advanced manufacturing have accelerated.

Steady Growth in National Inter-Provincial Trade

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 provinces, 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 other regions grew by 1.6% and 1.8% year-on-year, respectively, both exceeding the national average growth rate for inter-provincial trade.

Cross-Provincial Growth in Transport, Logistics, and Information Services

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

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

Cross-Provincial Remote Sales and Advanced Manufacturing Flows Accelerate

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.

Advanced manufacturing flows: Invoice data indicates that advanced manufacturing sectors such as integrated circuits, lithium-ion batteries, intelligent vehicle-mounted equipment, and electronic specialty materials have 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.