外贸保持向上向好势头

Core Insights - China's total goods trade value for the first seven months reached 25.7 trillion yuan, a year-on-year increase of 3.5%, with exports growing by 7.3% and imports declining by 1.6% [1] - In July, the trade value further accelerated, totaling 3.91 trillion yuan, with exports at 2.31 trillion yuan (up 8%) and imports at 1.6 trillion yuan (up 4.8%) [1] - The trade structure is improving, with both general trade and processing trade showing growth [1] Trade Partners - ASEAN became China's largest trading partner with a total trade value of 4.29 trillion yuan, an increase of 9.4% [2] - The EU is the second-largest trading partner, with a trade value of 3.35 trillion yuan, up 3.9% [2] - Trade with the US decreased by 11.1%, totaling 2.42 trillion yuan [2] Business Composition - Private enterprises accounted for 57.1% of total trade, with imports and exports reaching 14.68 trillion yuan, a growth of 7.4% [2] - Foreign-invested enterprises had a trade value of 7.46 trillion yuan, increasing by 2.6% [2] - State-owned enterprises saw a decline in trade value to 3.49 trillion yuan, down 8.8% [2] Product Categories - High-tech product exports reached 5.1 trillion yuan, growing by 8.4%, contributing 45.4% to overall trade growth [3] - Exports of high-end machine tools increased by 23.4%, while imports of high-end textile machinery rose by 19.3% [3] - Major bulk commodity prices fluctuated, with some prices falling while import volumes for crude oil and soybeans increased [3]