Group 1: Overall Trade Performance - In the first seven months of 2025, China's total goods trade value reached 25.7 trillion yuan, a year-on-year increase of 3.5% [1] - Exports amounted to 15.31 trillion yuan, growing by 7.3%, while imports were 10.39 trillion yuan, declining by 1.6%, though the decline was narrower by 1.1 percentage points compared to the first half of the year [1] - The Customs spokesperson noted that despite a complex external environment, foreign trade maintained a positive upward trend [1] Group 2: High-Tech Product Exports - In the first seven months, exports of electromechanical products reached 9.18 trillion yuan, increasing by 9.3% and accounting for 60% of total exports [2] - High-tech products such as integrated circuits, ships, and automobiles saw significant export growth, with integrated circuit exports rising by 21.8%, ship exports by 16.8%, and automobile exports by 10.9% [2] - The increase in high-tech product exports is attributed to expanded production capacity and enhanced competitiveness, particularly in the semiconductor sector amid rising global demand [2] Group 3: Labor-Intensive Product Exports - The share of labor-intensive products in China's foreign trade exports is gradually declining, with some experiencing significant fluctuations in export performance [3] - In early 2024, major labor-intensive products like plastics, bags, textiles, toys, and furniture saw double-digit growth, but by the first quarter of this year, most entered a phase of negative growth [3] Group 4: Structural Changes in Foreign Trade - The overall trade data for the first seven months indicates a positive trend, but labor-intensive products face challenges due to tariffs and competition from Southeast Asian countries [4] - Trade protectionism from developed economies and low-cost competition from Southeast Asia are exerting pressure on labor-intensive product exports [4] - There is a need for product upgrades and value addition to counteract these pressures, with emerging markets in Europe, Japan, Africa, and Latin America providing new opportunities for textile and apparel exports [4] Group 5: Transition in Export Strategy - The increase in high-tech product exports and the slowdown in labor-intensive product exports reflect a proactive transformation and upgrading of China's foreign trade, particularly in manufacturing [5] - The shift from price competition to technology competition is evident, although there remains potential for labor-intensive products through technological and brand enhancements [5]
前7月我国货物贸易进出口总值25.7万亿元,同比增3.5% 集成电路、船舶、汽车出口均实现两位数增长
Mei Ri Jing Ji Xin Wen·2025-08-07 15:17