Improve quantity and quality! Guangdong's imports and exports to Hong Kong increased by 17.1% year-on-year in the first five months of this year
2024-07-01
It is reported that in the first five months of this year, Guangdong's imports and exports to Hong Kong amounted to RMB 436.46 billion, an increase of 17.1% compared to the same period last year (the same below), which is 3.5 percentage points faster than the overall import and export growth rate of Guangdong. Among them, exports reached 417.01 billion yuan, an increase of 14.6%; Imports reached 19.45 billion yuan, an increase of 121.1%. Economic and trade cooperation between the two regions is becoming increasingly close. In 2023, Guangdong's imports and exports to Hong Kong reached 1.04 trillion yuan, an increase of 2.7 times from 1997, with an average annual growth rate of 5.2%. Hong Kong is a global shipping center, financial center, and one of the freest economies, while Guangdong is a major manufacturing province in mainland China and even globally. Since Hong Kong's return, the two regions have fully utilized their respective advantages, and economic and trade cooperation has become increasingly close, resulting in an increase in import and export trade volume and quality. In the first five months of this year, Guangdong's imports and exports to Hong Kong accounted for 51.3% of the total value of imports and exports from the mainland to Hong Kong, ranking first among all provinces and cities, with a growth rate 2.2 percentage points faster than the overall growth rate of imports and exports from the mainland to Hong Kong. The trade mode structure continues to be optimized. In the first five months, Guangdong's imports and exports to Hong Kong through general trade amounted to 122.71 billion yuan, a rapid increase of 30.1%, accounting for 2.8 percentage points of Guangdong's total import and export value to 28.1%; The import and export of processing trade amounted to 194.33 billion yuan, an increase of 9.8%, accounting for 44.5%; Bonded logistics amounted to 117.62 billion yuan, an increase of 17.9%, accounting for 26.9%. The vitality of market entities is constantly stimulated. In the first five months, Guangdong's private enterprises imported and exported 204.19 billion yuan to Hong Kong, an increase of 21.3%, which is 4.2 percentage points faster than the overall growth rate of Guangdong's imports and exports to Hong Kong, accounting for 46.8%; The import and export of foreign-invested enterprises reached 217.76 billion yuan, an increase of 12.8%, accounting for 49.9%; State owned enterprises reached 14.27 billion yuan, an increase of 30%, accounting for 3.3%. The proportion of exported electromechanical products is nearly 80%, and the growth of labor-intensive products exceeds 40%. In the first five months, Guangdong's exports of mechanical and electrical products to Hong Kong amounted to 323.17 billion yuan, an increase of 13.7%, accounting for 77.5% of Guangdong's total exports to Hong Kong. Among them, the export of integrated circuits reached 72.31 billion yuan, an increase of 24.5%; Automatic data processing equipment and its components amounted to 60.97 billion yuan, an increase of 26.4%; Mobile phones reached 52.59 billion yuan, an increase of 9.9%. During the same period, Guangdong's exports of labor-intensive products to Hong Kong amounted to 18.28 billion yuan, an increase of 44.6%, accounting for 4.4%; The export of agricultural products reached 11.49 billion yuan, a decrease of 12.2%, accounting for 2.8%. The proportion of imported gold and platinum is nearly 80%, with a significant increase. In the first five months, Guangdong imported 14.01 billion yuan of gold from Hong Kong, an increase of 3.2 times, accounting for 72% of Guangdong's total import value from Hong Kong; Imported platinum reached 1.15 billion yuan, an increase of 4.9 times, accounting for 5.9%. During the same period, imported pharmaceutical products amounted to 1.22 billion yuan, an increase of 2.3%, accounting for 6.3%. The major ports are thriving with both passengers and cargo. "In the past six months, I have been traveling from abroad to Zhuhai to visit my family. I usually fly from San Francisco to Hong Kong, and then return to Zhuhai via the Hong Kong Zhuhai Macao Bridge. The travel experience has always been great!" Mr. Zeng, a passenger of "Flying through Zhuhai Hong Kong", shared excitedly. The policy of "flying through Zhuhai and Hong Kong" began to be implemented in mid December last year. As of June 12th this year, half a year has passed. According to customs statistics of the Hong Kong Zhuhai Macao Bridge, more than 20000 people have successfully cleared customs at the Zhuhai Highway Port of the Hong Kong Zhuhai Macao Bridge under the new mode of "flying through Zhuhai and Hong Kong". Through the innovative model of "flying through Zhuhai and Hong Kong", transit passengers who transfer through the Hong Kong Zhuhai Macao Bridge to Hong Kong International Airport can enjoy a seamless connection service of "air land air". At the Zhuhai Port Travel Inspection and Exit Hall at the Zhuhai Highway Port of the Hong Kong Zhuhai Macao Bridge, passengers only need to go through the joint inspection of customs and security with "one machine, two screens, and one pass" to complete the customs clearance procedures. The Airport Center is the world's first cross-border sea air intermodal transportation project that directly connects to the airside of an airport. At present, the Airport Center has attracted three major cargo terminals and 105 freight forwarders from Hong Kong Airport, and 24 airlines have recognized the security checks at the Airport Center, further consolidating and enhancing Hong Kong's position as an international aviation hub. According to statistics from Huangpu Customs, as of June 19th, goods exported through the airport center can fly to 220 countries and regions around the world, as well as 98 overseas airports. 544 enterprises have conducted import and export business through the airport center, expanding the variety of imported and exported goods to 627, and the value of imported and exported goods has exceeded 5 billion yuan, including new types of goods such as general trade goods, bonded goods, and cross-border e-commerce. As cross-border travel between residents of Shenzhen and Hong Kong becomes more convenient, the passenger flow at Liantang Port, the youngest land port between Shenzhen and Hong Kong, is gradually increasing. Since the opening of the port travel inspection function on February 6, 2023, Liantang Port has broken the record for daily passenger flow eight times and has become one of the most popular customs clearance ports for residents of Shenzhen and Hong Kong. According to Shenzhen Customs statistics, this year's passenger flow at Shenzhen Port has exceeded 100 million, three months ahead of 2023. During the Dragon Boat Festival holiday, the clearance volume of residents in Shenzhen and Hong Kong reached a new high, with a maximum daily entry and exit of nearly 900000 people. From June 8th to 9th, the historical record since the resumption of clearance was broken for two consecutive days, fully reflecting the good trend of accelerated integration and development in the Guangdong Hong Kong Macao Greater Bay Area. (Lai Xin She)
Edit：Lubaikang Responsible editor：Chenze
Source：Southern DAILY
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