上半年增长2.9%！我国外贸连续7个季度保持同比增长

Core Insights - In the first half of the year, China's total goods trade import and export value reached 21.79 trillion yuan, marking a historical high for the same period, with a year-on-year growth of 2.9% [1] - Exports amounted to 13 trillion yuan, a year-on-year increase of 7.2%, while imports were 8.79 trillion yuan, showing a decline of 2.7% [1] - The second quarter saw a 4.5% year-on-year growth in trade, accelerating by 3.2 percentage points compared to the first quarter, maintaining growth for seven consecutive quarters [1] Trade Performance - Exports of electromechanical products reached 7.8 trillion yuan, up 9.5% year-on-year, accounting for 60% of total exports [1] - High-end equipment related to new productive forces grew by over 20%, while "new three samples" products, representing green and low-carbon initiatives, increased by 12.7% [1] - The import growth was driven by domestic demand expansion, with significant increases in imports of petrochemical, textile, and machinery equipment, as well as key electronic components and important raw materials like crude oil and metal ores [1] Trade Entities and Partners - There were 628,000 foreign trade enterprises with import and export performance, surpassing 600,000 for the first time, an increase of 43,000 from the previous year [2] - Private enterprises accounted for 547,000, with a 7.3% growth in import and export, making up nearly 60% of the total trade value [2] - Trade with countries involved in the Belt and Road Initiative reached 11.29 trillion yuan, a growth of 4.7%, representing 51.8% of total trade value [2] Economic Outlook - The overall performance of China's foreign trade in the first half of the year was characterized by stable growth in scale and improved quality, despite challenges from global unilateralism and protectionism [2] - Recent trade talks in Geneva and London have shown positive progress, with a recovery in China-U.S. trade, as June's import and export value exceeded 350 billion yuan, significantly narrowing the year-on-year decline [2]