A press conference on Hunan's import and export trade in 2024 was held on January 20, 2025. According to the conference, Hunan's competitive industries have accelerated their paces in "going global" in the past year.

In 2024, Hunan exported 31.63 billion CNY of construction machinery, hitting the threshold of 30 billion CNY for the first time and increasing by 20.3% year on year. Hunan's construction machinery sector has shifted the focus from exporting products to a "go global" strategy of industrial chain. Exports of the "three new" products—electric vehicles, lithium-ion batteries, and photovoltaic products—reached 10.47 billion CNY, exceeding 10 billion CNY for the first time with a year-on-year growth of 39.7%. BYD's electric vehicles are popular in the Lantin American market. Export value of rail transit equipment reached 1.14 billion CNY, rising 24.7%. Vegetable exports stood at 12.96 billion CNY, surpassing 10 billion CNY for two consecutive years, with a growth rate of 4.6%.

"Made in Hunan" has become a hit among the overseas consumers. In 2024, exports of Hunan-owned brands amounted to 116.65 billion CNY, over 100 billion for three consecutive years with an increase of 7.9%. The share of these brands in provincial total exports increased to 34.9%.

From Anker's power banks to Zoomlion's large-scale engineering machinery, Hunan-made products have been sought-after in the overseas markets.

This article is from the Hunan Provincial Government www.enghunan.gov.cn.

Translator: Pang Yuehui

Chinese source: hunantoday