TapTechNews May 28th, according to CCTV reports, the latest data shows that the cross-border e-commerce import and export volume in Shenzhen in the first quarter of this year exceeded 110 billion yuan ($15.7 billion), with a year-on-year increase of more than 95%, reaching a new high in the same period and accounting for half of Guangdong Province, and accounting for 19% of the national total (577.6 billion yuan).
In Longgang's Bantian, there are as many as 10,000 cross-border e-commerce enterprises gathered; while in Fuyong Sub-district, Bao'an District, there were only more than 3,800 logistics enterprises in 2023, and now it has increased to more than 4,300.
TapTechNews queried the data released by Shenzhen Customs. In the first four months of this year, Shenzhen's cumulative import and export reached 1.41 trillion yuan ($200.6 billion), with a year-on-year increase of 31.8%. Among them, exports were 893.32 billion yuan ($126.4 billion), with a year-on-year increase of 33.9%; imports were 517.26 billion yuan ($73.2 billion), with a year-on-year increase of 28.4%.
The total import and export volume, growth rate of exports, and growth rate of imports in the first four months of Shenzhen, as well as the growth rate of import and export in the first quarter, all ranked first among the top ten cities in China in terms of foreign trade exports. The import and export growth in the first quarter was 28.8%, and the total amount exceeded one trillion yuan for the first time in the same period in the past 10 years.
In April this year, Shenzhen's import and export further accelerated, with a growth rate of 40.4%. Among them, exports were 251.02 billion yuan ($35.6 billion), with a year-on-year increase of 51%; imports were 139.48 billion yuan ($20.0 billion), with a year-on-year increase of 24.6%.
In addition, the Shenzhen government has recently also released the 'Shenzhen City's Implementation Measures for Further Increasing the Attraction and Utilization of Foreign Capital', proposing 20 specific measures from five aspects including promoting high-level opening up in key fields, continuously optimizing the business environment, improving the convenience level of investment and operation, increasing fiscal and tax support, and improving the foreign investment promotion mechanism, to promote Shenzhen's high-level opening up to a greater extent and accelerate the construction of a more globally influential economic center city and modern international metropolis.