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Guangdong H1 Export Growth Expected

CHINA PRESS
MNI (BEIJING)
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Authorities expect Guangdong’s foreign trade to maintain growth in H1 following Q1’s import and exports reaching CNY2.04 trillion, up 12% y/y, the best performance in 11 quarters, according to Zhang Ke, deputy director of the Guangdong General Administration of Customs. In Q1, exporters saw sales of high-end equipment such as ships, machine tools and aircraft grow by 55%, 32% and 78% respectively. The Guangdong Customs Trade Prosperity Survey in March increased 4.6pp from February. (Source: 21st Century Business Herald)

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Authorities expect Guangdong’s foreign trade to maintain growth in H1 following Q1’s import and exports reaching CNY2.04 trillion, up 12% y/y, the best performance in 11 quarters, according to Zhang Ke, deputy director of the Guangdong General Administration of Customs. In Q1, exporters saw sales of high-end equipment such as ships, machine tools and aircraft grow by 55%, 32% and 78% respectively. The Guangdong Customs Trade Prosperity Survey in March increased 4.6pp from February. (Source: 21st Century Business Herald)