Data Explorer | Private enterprises drive over 60% of Guangdong’s foreign trade in 2024
According to data from the Guangdong Sub-Administration of GACC, private enterprises within the province accounted for 63.6% of the total trade volume in 2024. Private businesses reached an impressive 5.8 trillion RMB in imports and exports, marking a 15.2% year-on-year increase. This surge underscores the vital role of private enterprises in Guangdong's high-level opening up and the province's push for high-quality trade development. By the end of 2024, the number of private enterprises in the province reached 7.74 million, marking a year-on-year increase of 6.86%.
Guangdong’s industrial production shows steady progress from Jan. to Nov.
Guangdong's value added of the industrial enterprises above designated size increased by 4.3% year-on-year from January to November this year, according to the Guangdong Provincial Department of Industry and Information Technology.
Guangdong’s import and export with Macao exceeded 323 bln in 25 years since Macao’s return
On December 9th, a press conference on customs support services for Macao's better integration into the national development was held in Guangzhou, introducing measures and achievements of Guangdong customs in supporting the diversification of Macao's economy.
Data Explorer | Private enterprises drive over 60% of Guangdong’s foreign trade in 2024
According to data from the Guangdong Sub-Administration of GACC, private enterprises within the province accounted for 63.6% of the total trade volume in 2024. Private businesses reached an impressive 5.8 trillion RMB in imports and exports, marking a 15.2% year-on-year increase. This surge underscores the vital role of private enterprises in Guangdong's high-level opening up and the province's push for high-quality trade development. By the end of 2024, the number of private enterprises in the province reached 7.74 million, marking a year-on-year increase of 6.86%.
Yearender: Guangdong data in 2024 show its thriving economic development
In 2024, a year marked by rising protectionism and "decoupling" attempts in the world economic arena, the Chinese economy has experienced a resilient growth trajectory in the year, with a strong start followed by increasing downward pressure around mid-year and a subsequent upswing in the final quarter.
