Hunan's exports of rail transit equipment grew by more than 30% in the first 10 months.
On November 16, Changsha Customs announced that in the first 10 months of this year, Hunan's exports of rail transit equipment reached 1.14 billion yuan, an increase of 30.3% compared to the same period last year. Hunan's exports of rail transit equipment, with state-owned enterprises leading the way, reached 790 million yuan, a strong increase of 47% compared to the same period last year, accounting for 69.1% of the total export amount in the province. Private enterprises closely followed, exporting 280 million yuan, a 6.6% increase, jointly accelerating the "going global" of Hunan's high-end equipment. Zhuzhou has become the main city for the export of rail transit equipment in Hunan, with an export value of 1.03 billion yuan, a growth of 29.6%, accounting for over 90% of the total. Among them, CRRC Zhuzhou Locomotive Co., Ltd. and Zhuzhou Times New Material Technology Co., Ltd., two leading enterprises, have been actively expanding in overseas markets, with their products exported to more than 60 countries and regions such as Germany, Mexico, Australia, and South Africa. The export growth rate of both companies has remained above 20%, collectively contributing over 70% to the total export value of Zhuzhou City.
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