Since the beginning of this year, Guangdong's foreign trade development has made steady progress, with a growth rate faster than the national average, fully reflecting the role of Guangdong's foreign trade in "carrying the big beam". According to statistics from the Guangdong Branch of the General Administration of Customs, Guangdong's foreign trade imports and exports reached 8.61 trillion yuan in the first 11 months of this year, an increase of 4.2% compared to the same period last year, setting a new historical high for the same period. Among them, exports amounted to 5.5 trillion yuan, an increase of 2.1%; Imports amounted to 3.11 trillion yuan, an increase of 8%. During the same period, the total import and export value of the country increased by 3.6%, with Guangdong accounting for 20.9% of the national total value and contributing 23.8% to the country's growth. In November, the growth rate of imports and exports led the country. Guangdong's imports and exports reached 813.24 billion yuan, an increase of 8.9%, which was 5.7 percentage points faster than the growth rate in October; The growth rate of imports and exports leads the country, being 4.8, 0.6, and 2.7 percentage points faster than the national average and Jiangsu and Zhejiang, respectively. Among them, exports amounted to 515.14 billion yuan, an increase of 6.7%; Imports amounted to 298.1 billion yuan, an increase of 12.8%. All major trade modes have achieved good growth. In the first 11 months, Guangdong's imports and exports through general trade amounted to 5.01 trillion yuan, an increase of 3.9%, accounting for 58.2% of Guangdong's total import and export value; The import and export of bonded logistics reached 1.74 trillion yuan, an increase of 9.3%, accounting for 20.2%; The import and export of processing trade amounted to 1.78 trillion yuan, an increase of 0.5%, accounting for 20.7%. Private enterprises and other market entities are bursting with vitality. In the first 11 months, the import and export of private enterprises in Guangdong reached 5.49 trillion yuan, an increase of 4.4%, accounting for 63.8% of the total import and export value of Guangdong; The import and export of foreign-invested enterprises reached 2.76 trillion yuan, an increase of 6.7%, with a growth rate 0.4 percentage points faster than the first 10 months and an increase of 0.8 percentage points compared to the same period last year. New export drivers continue to emerge. In the first 11 months, Guangdong exported mechanical and electrical products worth 3.77 trillion yuan, an increase of 7%, and the proportion of Guangdong's total export value increased by 3.1 percentage points to 68.5%. Among them, the main export commodities, electronic components, computers and their parts, and electrical equipment, increased by 19.3%, 10.1%, and 17.3% respectively. The export growth of multiple commodities is strong, such as agricultural machinery, machine tools and other mechanical products, which increased by 100.6% and 20.4% respectively; Green intelligent products such as drones, "new three types", and 3D printers have increased by 43.4%, 31.4%, and 28.5% respectively; Traditional products such as motorcycles and game consoles increased by 34.6% and 27.2% respectively. The demand for imports continues to expand. In the first 11 months, Guangdong imported integrated circuits worth 1.17 trillion yuan, an increase of 15.6%, accounting for 37.5% of Guangdong's total import value; Imported computers and their components amounted to 313.51 billion yuan, an increase of 20.3%; Imported semiconductor manufacturing equipment amounted to 67.18 billion yuan, an increase of 43.8%. In the first 11 months of significant achievements in developing emerging markets, ASEAN, Hong Kong, and the European Union were the top three trading partners of Guangdong, with import and export volumes exceeding one trillion yuan, reaching 1.39 trillion yuan, 1.15 trillion yuan, and 1.03 trillion yuan respectively, with growth rates of 5.8%, 11.3%, and 8.7%, respectively. Among them, Guangdong's imports and exports to emerging markets such as the Middle East, Africa, and Central Asia increased by 7.8%, 10.4%, and 26% respectively, with growth rates faster than Guangdong as a whole. In addition, Guangdong's import and export to countries jointly building the "the Belt and Road" totaled 3.32 trillion yuan, an increase of 4.9%, accounting for 38.5%. Driven by domestic consumer demand, Guangdong's imports of grain, dairy products, aquatic products, edible oil and other consumer goods have all experienced double-digit growth, with increases of 18.6%, 19.7%, 31.5%, and 55.1% respectively. It is worth noting that from December 1, 2024, China will grant 100% tariff free treatment to products originating from all least developed countries that have diplomatic relations with China. High quality specialty agricultural and food products such as African sesame and Myanmar rice will accelerate their entry into the Chinese market. Taking the Huangpu Customs jurisdiction as an example, the newly added imported goods enjoying benefits include rice and natural rubber from Myanmar and Cambodia. From January to November this year, the import value of agricultural products such as dried kidney beans and mung beans imported from Ethiopia increased by 53.4% year-on-year. According to statistics from Huangpu Customs, the value of imported goods enjoying preferential treatment under the supervision of the customs from January to November this year reached 1.3 billion yuan, and 60 million yuan of taxes were waived for enterprises. Previously, when we imported rice from Myanmar, we could enjoy a preferential tariff rate of 1% with a tariff quota certificate. After the implementation of zero tariff treatment, we can enjoy zero tariff benefits within the tariff quota with the preferential certificate of origin, further reducing our import costs. ”Chen Mingming, the foreign trade manager of Guangdong Mi Xiaoben Import and Export Co., Ltd., said, "Since the beginning of this year, we have imported a total of about 4800 tons of Myanmar white rice, which can enjoy a tariff discount of about 150000 yuan. The zero tariff policy directly reduces product costs and brings us tangible dividends