Core Viewpoint - China's foreign trade maintains a high growth rate despite increasing international risks and challenges, with a total import and export value of 25.7 trillion yuan, reflecting a year-on-year growth of 3.5% in the first seven months of the year, which is an acceleration of 0.6 percentage points compared to the first half of the year [1] Supporting Factors for Trade Quality and Quantity Improvement - Policy support has been significant, with multiple rounds of foreign trade stabilization policies implemented since the fourth quarter of last year, focusing on fostering new trade dynamics and enhancing public services for foreign trade enterprises [2] - Diversified cooperation has been expanded, with imports and exports to emerging and other markets growing by 5% in the first seven months, accounting for 65.5% of total trade, with notable increases in trade with ASEAN and Africa [2] - The release of new trade momentum is evident, with exports of mechanical and electrical products growing by 9.3%, making up 60% of total exports, indicating a solid upward trend in foreign trade [2] High-Value Product Export Growth - High-tech and high-value-added products such as smart home devices, electric vehicles, industrial robots, and ships continue to show strong export growth, with 654,000 foreign trade enterprises active in the first seven months, of which nearly 90% are private enterprises [3] Global Economic and Trade Uncertainty - Global trade still faces significant uncertainty, with increased tariff barriers raising global trade costs and impacting supply chain efficiency, leading to downward risks in global trade [4] - The World Trade Organization (WTO) has updated its global trade growth forecast for 2025 to 0.9%, an improvement from previous estimates, but still below pre-tariff adjustment levels, indicating ongoing challenges [4] - The WTO highlights that the full impact of recent tariff measures is gradually becoming apparent, with uncertainty remaining a destructive force in the global trade environment [4]
今年累计进出口增速逐月回升,商务部:外贸向上、向新势头更加巩固
Di Yi Cai Jing·2025-08-21 08:08