Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
SHANGHAI, May 31 (Xinhua) — Shanghai’s export volume increased 13.8 percent year on year from January to April 2025, and its total foreign trade value hit a record high in April, data released by the Shanghai Municipal Customs showed.
The city’s total foreign trade volume for the four months was 1.4 trillion yuan (about $194.7 billion), up 1 percent from a year earlier. In April alone, imports and exports reached 399.35 billion yuan, up more than 10 percent year-on-year and month-on-month. Exports in April rose 17.2 percent year-on-year, while imports rose 8.1 percent.
Private enterprises were the key growth driver, accounting for more than 70 percent of Shanghai’s total foreign trade companies during the period. Their import and export volumes exceeded 500 billion yuan, up more than 20 percent year-on-year, indicating that domestic growth momentum is strengthening.
During this period, Shanghai traded with more than 200 countries and regions around the world, achieving growth with 166 partners. Trade with countries participating in the Belt and Road Initiative reached nearly 600 billion yuan, up 11.9 percent year on year, while trade with countries in the Middle East and Eastern Europe increased by more than 20 percent.
Machinery and electrical equipment exports totaled 398.8 billion yuan, accounting for more than 60 percent of the city’s total exports during the period. Meat and vegetable oil imports rose more than 10 percent year-on-year, while specialty foods such as Afghan nuts, Italian chocolate, Irish dairy products and Ethiopian coffee expanded the gastronomic choices for Chinese consumers. -0-