Shanghai international trade exceeds $280 billion in H1

Exports reached RMB846.3bn, up 15.2% year-on-year, while imports were RMB1.25 trillion, an increase of 9.1%. Foreign-invested enterprises’ import and export value reached RMB1.23 trillion, accounting for 59%, an increase of 6.3 percent year-on-year.

Shanghai’s imports from and exports to its major trading partners, including the European Union, the Association of Southeast Asian Nations (Asean), the United States, Japan and Australia retained a steady growth in the first six months.

The three new-emerging export goods of Shanghai including electric vehicles, lithium batteries and solar cells, which saw a substantial growth rate of 171.8%, 189.7% and 62.6%, respectively.