Foreign trade in China's free trade zones experiences an 11.7% surge during January and February.

In Beijing on March 27th, Wang Lingjun, vice head of the General Administration of China Customs, revealed that foreign trade within China's 22 pilot free trade zones (FTZs) experienced an 11.7 percent year-on-year increase during the initial two months of the year. Notably, FTZs located in Guangdong, Jiangsu, Sichuan, and Hebei registered a remarkable annual surge of over 30 percent in foreign trade activity.

Specifically, Wang highlighted the significant growth observed in the foreign trade of the Hainan Free Trade Port, which escalated by more than 20 percent annually during the same period.

Moreover, within the broader context, China's total merchandise imports and exports exhibited a notable expansion, with an 8.7 percent year-on-year increase in yuan terms during the first two months of the year.