The capacity utilization of port equipment in January increased against the trend, laying a solid foundation for foreign trade in 2026.

Excavators are the "standard configuration" for infrastructure construction, and they are a barometer reflecting economic changes such as infrastructure construction and fixed asset investment. Data shows that in January, the national port equipment utilization rate was 33.85%, an increase of 2.97 percentage points year-on-year and 0.68 percentage points month-on-month. The year-on-year growth rate of workload was 21.94%, and the month-on-month growth rate was 0.28%. In January, affected by seasonal factors such as the pre-holiday shutdown and the return of personnel to their hometowns, port demand is prone to decline. However, the outstanding performance this time indicates that the seasonal suppression has been offset by strong foreign trade demand, confirming the resilience of overseas orders backlog, cross-border e-commerce going global, and other demand-side strength. It also reflects the maturity of China's port operations system, the improvement of the efficiency of transportation and distribution, and the ability to effectively smooth out seasonal fluctuations, laying a solid foundation for the start of foreign trade in 2026.