In the first half of 2025, China’s total imports and exports of goods surpassed a record-breaking RMB 20 trillion, according to the latest data from the General Administration of Customs. Zhejiang Province emerged as a key contributor, accounting for RMB 1.69 trillion in exports and delivering 20.7% of the national export growth — the highest among all provinces. Amid intensifying global trade competition, how do local exporters in Zhejiang continue to outperform?
For policymakers, real-time access to accurate export order data is essential to shaping forward-looking, targeted trade strategies. In partnership with the Zhejiang Provincial Department of Commerce, Hyperchain has developed a blockchain-powered Export Order and Customs Declaration Monitoring & Early Warning Platform to address this challenge.
The Challenge: Disconnected Data in a Complex Trade Ecosystem
International trade involves coordination across multiple stakeholders — exporters, customs authorities, financial institutions, logistics providers, and regulators. However, a lack of unified data standards and delayed customs reporting often prevents government departments from gaining timely insight into export activity, limiting their ability to assess market trends and respond with agile policy.
Hyperchain’s solution standardizes data reporting formats, calculation methods, and data consolidation processes across the full trade cycle. This enables seamless cross-agency data collaboration, reducing manual processing efforts while significantly improving operational efficiency.
Innovation in Action: Predictive Analytics for Smarter Trade Decisions
A standout feature of the platform is its predictive “Order Monitoring & Early Warning” system. By feeding export order data from key enterprises into forecasting models, the platform helps authorities detect export trends across critical industries and high-impact businesses.
A five-tier color-coded alert system tracks fluctuations in export orders by sector and company profile. This allows Zhejiang's commerce officials to anticipate changes in demand and issue timely, evidence-based trade support policies.
Unlocking Policy Support and Financial Access for Exporters
Leveraging the monitoring results, authorities can match struggling businesses with targeted government support and connect them with customs, banks, and financial institutions. The platform streamlines access to essential services such as digital customs clearance, tax rebates, and export financing — all through a unified data interface.
With cross-agency consensus supported by blockchain, data such as orders, insurance, customs declarations, tax rebates, and cross-border settlements are securely shared across systems. This provides export enterprises — especially small and medium-sized businesses — with credible, verifiable data to support financing and credit enhancement, strengthening their ability to scale globally.
To date, the platform has been adopted by over 100,000 foreign trade companies across Zhejiang, consolidating more than 200,000 export-related data entries across key scenarios including branded exports, financial services, and industrial trade zones.
One notable use case is its integration with an international smart logistics network that now spans 147+ cities worldwide, supporting tens of thousands of enterprises and driving over RMB 30 billion in export value. This has laid a strong foundation for Zhejiang’s digital trade model — including new formats such as overseas warehousing — to scale across China.