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中流奋楫，中国外贸保持较强韧性
Zhong Guo Chan Ye Jing Ji Xin Xi Wang·2025-06-12 00:12

Core Viewpoint - China's foreign trade demonstrates strong resilience amid external pressures, with a total import and export value of 17.94 trillion yuan in the first five months of the year, reflecting a year-on-year growth of 2.5% [1][2]. Trade Performance - In the first five months, exports increased by 7.2%, while imports decreased by 3.8%. In May alone, the total trade value reached 3.81 trillion yuan, marking a 2.7% increase year-on-year, with exports growing by 6.3% and imports declining by 2.1% [2]. Trade Partners - ASEAN, EU, and the US are China's top three trading partners. In the first five months, trade with ASEAN reached 3.02 trillion yuan, growing by 9.1%, accounting for 16.8% of China's total foreign trade. The RCEP agreement has significantly enhanced trade cooperation with ASEAN [3][4]. - Trade with the EU totaled 2.3 trillion yuan, with exports to the EU growing by 7.7%. However, trade with the US decreased by 8.1% to 1.72 trillion yuan due to tariff policies, though a rebound is anticipated following recent trade discussions [4]. - Trade with African countries reached a record high of 963.21 billion yuan, growing by 12.4%, highlighting the diversification of China's foreign trade [4][5]. Business Entities - Private enterprises accounted for 57.1% of China's foreign trade, with a total import and export value of 10.25 trillion yuan, growing by 7%. Foreign-invested enterprises also contributed significantly, with a monthly import and export value of 1.11 trillion yuan in May, marking a 4% growth [7]. - The advanced manufacturing sector is a key driver of confidence in China's foreign trade, with exports of equipment manufacturing products reaching 6.22 trillion yuan, growing by 9.2% and contributing 73% to overall export growth [8]. Government Support - The Ministry of Commerce is committed to supporting foreign trade enterprises by implementing measures to help them expand markets and stabilize trade development, reflecting a proactive approach to enhancing the competitiveness of Chinese exports [8].