Core Insights - China's total goods trade import and export value reached 17.94 trillion yuan in the first five months of the year, with a year-on-year growth of 2.5%, indicating a recovery in the economy despite external pressures [1][2] Trade Performance - Cumulative growth rate of imports and exports has been steadily increasing, from a decline of 2.2% in January to a growth of 2.5% in May [2] - In May alone, the total trade value was 3.81 trillion yuan, growing by 2.7%, with exports at 2.28 trillion yuan (up 6.3%) and imports at 1.53 trillion yuan (down 2.1%) [2] Trade by Enterprises - Private enterprises, as the largest trading entity, accounted for 57.1% of total foreign trade, with imports and exports reaching 10.25 trillion yuan, a growth of 7% [3] - Foreign-invested enterprises had a total trade value of 5.21 trillion yuan, growing by 2.3% [3] Product Export Performance - Mechanical and electrical products contributed significantly to export growth, with a total export value of 6.4 trillion yuan, growing by 9.3% [3][4] - Exports of labor-intensive products decreased by 1.5%, while agricultural product exports grew by 4.7% [3] Regional Trade Dynamics - The central region of China led the national growth in trade, with a total of 1.5 trillion yuan in imports and exports, growing by 11.1% [5] - ASEAN remained China's largest trading partner, with trade totaling 3.02 trillion yuan, a growth of 9.1% [5][6] Trade with Africa - Trade with African countries reached a historical high of 963.21 billion yuan, growing by 12.4% [6] - China has maintained its position as Africa's largest trading partner for 16 consecutive years [6]
中国外贸延续增长态势(锐财经)
Ren Min Ri Bao·2025-06-09 21:30