A fully automated container terminal is seen in Qingdao port, East China's Shandong province, on July 3, 2024. [Photo/Xinhua]
Chinese companies' export orders witnessed steady growth in 2024, Securities Times reported on Tuesday citing data from a survey.
The survey revealed that 17.03 percent sample companies expect export orders in 2024 to increase by more than 20 percent year-on-year, while 31.88 percent project their export orders to rise within 20 percent.
Among the surveyed companies, 23.28 percent mainly export electronic products, 21.55 percent mainly export mechanical equipment, and 12.07 percent mainly export food and agricultural products.
About 56.44 percent surveyed companies mainly export electronic and mechanical products project a year-on-year increase of orders in 2024.
Around 38.98 percent sample companies mainly export traditional commodities including textile and clothing, furniture, food and agricultural products anticipate an order increase on a yearly basis this year.
The products of surveyed companies are mainly exported to Europe, the United States and Southeast Asia, accounting for 59.83, 50.22 and 49.34 percent of all export destinations, respectively.
The survey collected a total of 233 valid responses from companies in more than 70 cities, covering 27 provincial-level regions. Guangdong, Jiangsu and Shanghai are top three regions where these companies originated from.
The results of the survey underscore the resilience and adaptability of Chinese enterprises in navigating challenges and seizing opportunities in the global market, as they continue to enhance the quality and competitiveness of their export activities in 2024.
In the first 11 months of this year, the total value of China's goods exports increased by 6.7 percent year-on-year to 23.04 trillion yuan ($3.16 trillion), according to the General Administration of Customs.
