In the first two months of the year, Guangdong's trade saw a steady increase with each of its major trade partners, except the United States.
According to a statement released by the Guangdong sub-administration of the General Administration of Customs of China on Wednesday, the province's trade with the European Union, the Association of Southeast Asian Nations, Hong Kong and Taiwan increased by 1.9 percent, 1.5 percent, 6 percent and 19.8 percent year-on-year, respectively.
The province's trade with the US, however, witnessed a year-on-year reduction of 2.7 percent during the same period, said the statement.
The EU, the United States, ASEAN, Hong Kong and Taiwan are traditionally the province's top five trade partners.
Guangdong achieved a trade volume of 1.35 trillion yuan ($190.14 billion) in January and February, a slight reduction of 0.8 percent year-on-year, representing 20.6 percent of the country's total, said the statement.
China's foreign trade witnessed a year-on-year reduction of 1.2 percent during the same period.
Guangdong's trade volume with countries and regions involved in the Belt and Road Initiative came to 533.42 billion yuan in January and February, a year-on-year reduction of 1.5 percent and accounting for 39.7 percent of the province's total, according to the statement.
The trade volume from foreign-funded companies bucked the trend, hitting more than 424.54 billion yuan in the first two months, a year-on-year growth of 3.9 percent and representing 31.6 percent of the province's total.
Mechanical and electrical product imports came in at 328.98 billion yuan, a year-on-year increase of 19.1 percent and accounting for 67.1 percent of Guangdong's total.
Among them, imported integrated circuits amounted to 174.76 billion yuan, a year-on-year growth of 13 percent, while imports of automatic data processing equipment and its components reached 45.09 billion yuan, a year-on-year increase of 101.3 percent.
Imports of semiconductor manufacturing equipment hit 15.72 billion yuan, a year-on-year increase of 115.8 percent.
Meanwhile, Guangdong purchased agricultural products worth 40.73 billion yuan in the first two months, a year-on-year increase of 4.2 percent. Of them, the province's imported grain was 2.74 million metric tons, a year-on-year growth of 53.4 percent, with a value of 7.41 billion yuan, a year-on-year increase of 58.1 percent.
Despite the uncertainty of US policies towards China and the complex and ever-changing international geopolitics, Guangdong's foreign trade industry will remain stable in the months to come, as the province's solid foreign trade foundation, multiple advantages and strong resilience have not changed, said the statement.
