According to customs authorities of Shenzhen Municipality, Shenzhen generated the import and export value of 4.11 trillion yuan during the first 11 months of 2024, growing in a higher speed than other cities of the nation, by 17.4% year on year. It reached the record high.
Specifically, the export value of Shenzhen hit 2.59 trillion yuan, surging by 16% on the year-on-year basis, while the import value of the city reached 1.52 trillion yuan, increasing by 19.8% on the year-on-year basis. The figures broke the historical records for the same period.
It’s the first time that Shenzhen’s import and export value has surpassed 4 trillion yuan, marking a major breakthrough in Shenzhen’s foreign trade sector.
Reference: Shenzhen Special Zone Daily
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