China's Foreign Trade in Goods Grows 2.9% year-on-year in First Half of the Year.
According to customs statistics, China's total import and export of goods in the first half of the year reached 21.79 trillion yuan, representing a 2.9% year-on-year increase. Exports amounted to 13 trillion yuan, up 7.2%, while imports totaled 8.79 trillion yuan, down 2.7%. In June, imports, exports, and overall trade all achieved positive year-on-year growth, with accelerating growth rates.
From the perspective of foreign trade entities, in the first half of the year, private enterprises recorded imports and exports of 12.48 trillion yuan, a 7.3% year-on-year increase, accounting for 57.3% of China's total foreign trade, up 2.3 percentage points from the same period last year. Foreign-invested enterprises saw imports and exports of 6.32 trillion yuan, a 2.4% year-on-year increase, marking the fifth consecutive quarter of growth. The number of foreign-invested enterprises with actual import and export activities in China has reached 75,000, the highest for the same period since 2021.
2025-07-17