Core data presentation
1.scale growth：
In the first half of 2025, China's import and export of goods amounted to RMB 21.79 trillion, marking a year-on-year increase of 2.9% and maintaining growth for seven consecutive quarters. The import and export growth rate for the month of July reached 6.7%, hitting a new high for the year.
2.structural optimization：
Exports of electromechanical products accounted for 60%, with high-end equipment experiencing a growth of over 20%, and exports of the "new three major sectors" (new energy vehicles, photovoltaics, and lithium batteries) increasing by 14.9%.
Private enterprises account for 57.1% of the import and export volume, contributing 65.6% of the export value, and adding 8.5% of enterprises with import and export performance.
3.Regional layout：
The import and export to ASEAN increased by 9.6%, accounting for 51.8% of the total trade value; The growth rate of emerging markets such as Africa and Latin America is significant, with five Central Asian countries experiencing a threefold increase.
Main features and challenges
1.Growth momentum：
New business models such as cross-border e-commerce have made significant contributions (with a scale of 2.63 trillion yuan in 2024), and the deepening of RCEP cooperation has driven regional trade.
2.External pressure：
The US tariffs on China have led to a 21.7% decrease in exports to the US, putting pressure on some labor-intensive industries. Small and medium-sized enterprises are facing rising costs and difficulties in transferring orders.
3.Internal transformation：
Upgrading from "scale advantage" to "quality advantage", innovative products such as pure electric loaders and portable air conditioners are selling well overseas.
Policies and Trends
1.policy support：
Measures to stabilize foreign trade continue to be implemented, including international settlement facilitation (with a growth rate of 21.66% in the first quarter) and improved customs clearance efficiency.
2.Future Prospects：
In the short term, it is affected by tariff uncertainty, but in the long term, it still has strong resilience relying on the synergistic effects of the industrial chain (such as the 15 minute supply chain loop of the trendy toy industry) and green digital innovation.