At the beginning of 2026, the foreign trade of Beijing Tianjin Hebei region has experienced an acceleration higher than the national average. In the first four months, the total import and export value of the region reached 1.6 trillion yuan, a year-on-year increase of 12%, accounting for 9.9% of the country's total foreign trade value. The regional synergy effect is accelerating. Exports increased by 11.3% to 494.69 billion yuan, while imports increased by 12.3% to 1.11 trillion yuan, demonstrating a healthy two-way force structure.

State owned and private enterprises are stable and fast

State owned enterprises are still the cornerstone of foreign trade. In the first four months, the import and export of state-owned enterprises reached 817.24 billion yuan, an increase of 9.6%, accounting for 51% of the regional total import and export value, playing a stabilizing role. In contrast, the strong performance of private enterprises, with imports and exports of 477.67 billion yuan, a growth rate of 26%, is 14 percentage points higher than the regional average, accounting for nearly 30%, and has become a new engine driving foreign trade growth. Two types of enterprises, one stable and one fast, form a complementary pattern.

Emerging markets open up new growth opportunities

The market landscape is accelerating its tilt towards emerging economies. The EU and ASEAN still occupy the main positions, accounting for a total of 19.8%. More noteworthy is the significant increase in the exploration of emerging markets such as Latin America, Africa, and Oceania, with imports and exports growing by 33.1%, 15.5%, and 50.1% respectively, driving the overall growth rate by 7.1 percentage points. The effectiveness of diversified layout has been demonstrated, providing more buffer for diversified trade risks.

Mechanical and electrical products have taken the lead in exports, with a scale increase of 29.538 billion yuan by 17.6%, accounting for 59.7% of the total export value. The driving effect of electronic components and automobiles is particularly prominent. The import end is supported by agricultural products, metal ores, and mineral sands, while the import of pharmaceuticals remains stable, reflecting the dual driving force of industrial upgrading and people's livelihood demand.

From state-owned enterprises providing support to private enterprises breaking through, from deepening traditional markets to exploring emerging markets, the foreign trade of Beijing Tianjin Hebei region is presenting a new face with better structure, stronger momentum, and stronger resilience. In the current uncertain global trade environment, the foreign trade performance of this region has contributed tangible regional strength to the overall stability of foreign trade in the country.Editor/Cheng Liting