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Mainland-HK trade value surges over fourfold in 28 years since HK's return to the motherland

China
2025.07.01 19:06
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According to statistics from Shenzhen Customs, the trade value of goods between the Chinese Mainland and HK has surged from RMB 420.87 billion in 1997 to RMB 2.2 trillion in 2024. (CNS)

Today (July 1) marks the 28th anniversary of Hong Kong's return to the motherland. According to statistics from Shenzhen Customs, the trade value of goods between the Chinese Mainland and HK has surged from RMB 420.87 billion in 1997 to RMB 2.2 trillion in 2024, representing a 4.2-fold increase and an average annual growth rate of 6.3%.

In the first five months of this year alone, the value of mainland imports and exports to and from HK via Shenzhen ports reached RMB 650.24 billion, up 6.5% year-on-year, accounting for nearly 70% of the total trade value between the Mainland and HK.

Shenzhen Customs has been implementing special campaigns to facilitate cross-boundary trade for six consecutive years. Recently, under the unified deployment of China's General Administration of Customs, Shenzhen Customs launched the 2025 "cross-boundary trade facilitation campaign." This initiative introduces 24 service measures across five key areas, aiming to further create a smoother, more efficient, and transparent business environment at ports in both Shenzhen and HK.

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Tag:·Mainland-HK trade· 28th anniversary· return to the motherland· Shenzhen Customs· cross-boundary trade facilitation· Shenzhen ports· Hong Kong ports

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