Beijing's private companies' annual import and export volumes maintain growth for 15th consecutive year - Chinese report

According to Beijing Customs, the total import and export volume of private enterprises in the city will reach 435.4 billion former (about 9 trillion yen) in 2024, up 11.9% from the previous year, maintaining growth for the 15th consecutive year. Of this, exports will account for 35.
Exports and imports increased by 3% and 3.4%, respectively, reaching a record high. Of the 18,895 companies with a trading record in the city, 15,256 are private companies, exceeding 15,000 for the first time.
, accounting for more than 80% of the total for the first time. Statistics show that the imports and exports of private enterprises in Beijing have shown vigorous growth. The import and export value of high-tech products increased by 23.2% year-on-year to 194.1 billion won.
The share of high-tech products among all import items reached 54.7%, exceeding 50% for the first time.
It is noteworthy that the export scale of green low-carbon industries among private enterprises in the city was 120.5%.
Of these, exports of wind turbine parts, a representative product, increased 98% to 2.99 billion yuan (about 61.5 billion yen), and lithium Eon batteries increased 206% to 1.15 billion yuan.
million former (approximately 23.67 billion yen), and solar power generation products increased 128.5% to 490 million former (approximately 10.08 billion yen).
Exports of private-sector branded products also increased by 51.7% to 57.08 billion yen (approximately 1 trillion
The export volume of these products has increased for three consecutive years.