China Carries Seventy Percent of The Global Children's Happy Childhood: Over 70% of The World's Toys Are Produced in China!
Oct 11, 2022
China is the world's largest toy producer and exporter, with more than 70% of toys in the global market produced in China. It can be said that the toy industry is an evergreen tree of China's foreign trade, 2016 to 2021, China's toy exports to achieve five consecutive years of growth, and the first eight months of this year, China's cumulative toy exports of $ 31.68 billion, an increase of 20.2%.
Chenghai District in Shantou, Guangdong Province is known as the toy capital of China, and the toys produced here have been sold to more than 150 countries and regions around the world.

Yang Yusheng, deputy general manager of the supply chain of a toy company in Shantou, Guangdong, China: In the first half of this year, our export volume reached 740 million yuan, an increase of more than 20% year-on-year.
Every year from November to December is the golden period of global toy sales, and for domestic toy manufacturers, this is the peak season for their shipments.

Shenzhen Yantian port is an important hub port for China's toy exports, but also the world's largest single container port, where domestic toys are shipped to Europe, America and other major global trade channels through 89 foreign trade routes. At the berth of the wharf, one side is placed neatly colorful containers, in addition, the loading work is also in intense progress, 24 hours a day without rest operations.
Sea transport with its large capacity, suitable for long-distance transport and other advantages, has been the most important mode of transport for foreign trade enterprises of toys in the Pearl River Delta region. According to the data provided by Shenzhen Customs, Shenzhen Port international liner routes to more than 100 countries and regions around the world, more than 300 ports. In order to cope with the peak export season, the Customs is speeding up the efficiency of customs clearance and inspection of goods.

Shenzhen Customs Commodity Inspection Division, mechanical and electrical products and consumer goods business section chief Gu Kaiming: now is the peak season for export toys, we vigorously promote the international trade single window, to achieve the second declaration, second customs clearance.
After loading, the ship loaded with domestic toys set sail. General Administration of Customs statistics show that from January to August this year, China's cumulative exports of toys amounted to $ 31.677 billion, an increase of 20.2%. From the perspective of export regions, the United States, Japan and the United Kingdom is still the main exporters of toys in China.

President of China Toy and Baby Products Association Liang Mei: 2022 January-August, exports of toys to the United States rose 27.2% year-on-year, exports to Mexico rose 40% year-on-year, exports to Japan rose 32.3% year-on-year, and exports to Malaysia and Vietnam both rose more than 58%, China's toy industry has formed a highly concentrated industrial chain through the development of industrial clustering Matching and cost-effective advantages.
China has maintained its position as the world's largest trading country in goods for five consecutive years in recent years by the global epidemic, the toy industry has also suffered from rising raw materials, poor logistics and transportation problems. But even in such a context, China's toy industry has maintained a steady development. This is behind the efforts of the entire toy industry chain in creating upgrades and other aspects.
The toy industry is a microcosm of China's foreign trade. over the past decade, China's goods trade imports and exports have reached record highs, increasing from 24.4 trillion yuan in 2012 to 39.1 trillion yuan last year, an increment of up to 14.7 trillion yuan, a figure close to the total value of imports and exports for the entire year of 2009. 2018 saw a breakthrough of the 30 trillion yuan mark, followed by 2021, which is close to the 40 trillion yuan The mark. The international market share has also increased from 10.4% in 2012 to 13.5% last year, and the position of the world's largest country in trade in goods has become more consolidated. Since 2017, China has maintained its position as the world's top country in trade in goods for five consecutive years. In the past decade, the continuous rise in the scale of China's trade in goods fully reflects that China is not only the "world factory", but also the "world market", providing the global market with high-quality and inexpensive goods, while also providing a broader Chinese market for all countries. Development opportunities.
Qualitatively speaking, the quality development of foreign trade continues to advance, and foreign trade operators are more dynamic. Over the past ten years, the number of foreign trade operators has increased by 1.7 times, the "circle of friends" of foreign trade has been expanding, trade with countries along the "Belt and Road" continues to deepen and smooth, the domestic regional layout is more optimized, the import and export ratio of China's central and western regions has increased from 11.1% a decade ago to 17.1% last year. 11.1% to 17.7% last year, an increase of 6.6 percentage points. The structure of import and export commodities is more optimized, and the new momentum of foreign trade development is continuously stimulated. This decade, the high-quality development of foreign trade is a vivid picture of the transformation and upgrading of "Made in China" to "Made in China", China's foreign trade is stronger in participating in international competition, playing a greater role in the economic engine, and a stronger foundation for long-term development.
Over the past ten years, the national customs around the general situation of national economic and social development, strengthen supervision and optimization of services to promote the development of high-quality foreign trade.
First, continue to optimize the port business environment. Import and export links to reduce regulatory documents from 86 to 41, the overall clearance time has been compressed by more than half in four years, which saves every minute and every hour can be converted into economic benefits for enterprises.
Secondly, we support the construction of an open platform for foreign trade. Promote the innovative development of comprehensive bonded zones, at present, there are 156 comprehensive bonded zones nationwide. Actively carry out innovation in customs supervision system in the pilot free trade zone, adhere to the principle of "manageable, open", study and develop the framework of Hainan free trade port customs supervision program. Comprehensive Free Trade Zone, Pilot Free Trade Zone, Hainan Free Trade Port import and export significantly increased.
Third, actively promote the orderly development of new foreign trade, "online bonded imports" "cross-border e-commerce B2B direct exports" "cross-border e-commerce export overseas warehouse" and other regulatory models to meet the Cross-border e-commerce enterprises' development needs, so that "buy global" and "sell global" become a reality.
Fourth, deepen the international cooperation of customs. We have established friendly and cooperative relations with customs authorities in 171 countries and regions, participated in the World Trade Organization (WTO), the World Customs Organization (WCO) and other FTAs such as the Regional Comprehensive Economic Partnership Agreement (RCEP), and actively participated in global customs cooperation and governance. Support the construction of "One Belt, One Road" and promote the trade of more than 100 kinds of high-quality agricultural and food products from countries along the route to China from 2013 to 2021. Promoting the mutual recognition of "certified operators" (AEO) cooperation, China has nearly 4,000 advanced customs certified enterprises outside the country to enjoy the same customs clearance facilities as those at home, reducing trade costs and creating a favorable external environment for China's foreign trade.
Next, how to stabilize foreign trade policy? Assistant Minister of Commerce Li Fei said that the Ministry of Commerce will accelerate the development of cross-border e-commerce, market procurement trade and other new business models, and actively support the export of new energy vehicles and other key products, smooth the channels for foreign trade enterprises to catch orders, for enterprises to exhibit, negotiate to provide more convenience, and help enterprises to improve the exchange rate and other risk response capabilities.
