Economic Growth - China's GDP for the first half of the year reached 66,053.6 billion yuan, with a year-on-year growth of 5.3%, exceeding market expectations [2] - The performance of China's economy indicates a strong resilience against the impacts of the US-China trade war, supported by increased domestic investment in large projects and robust export growth [2][3] - The data suggests that China is on track to achieve the government's annual growth target of around 5% [2] Trade Performance - In the first half of the year, China's total goods trade (imports and exports) reached 21.79 trillion yuan, marking a year-on-year increase of 2.9%, setting a historical high for the same period [3] - Despite ongoing trade tensions with the US, China's export resilience is highlighted, with exports accounting for 16% of the global total [3] - China's high-tech manufacturing sector has shown significant growth, with an increase of 9.7%, indicating a successful transition to higher value-added production [3] Export Dynamics - Following the trade truce agreement in May, China's exports grew by 5.8% year-on-year in June, demonstrating strong export resilience [2] - Chinese automotive sales in the EU continue to rise, despite the upcoming additional taxes on electric vehicles from China, reflecting the growing demand for Chinese cars in the European market [2]
外媒观察丨中国经济增长超预期 出口强劲彰显经济韧性
Sou Hu Cai Jing·2025-07-16 15:35