SIASUN(SZ:300024) Zhong Guo Zheng Quan Bao·2026-01-14 22:55Core Viewpoint - In 2025, China's foreign trade reached a record high of 45.47 trillion yuan, with exports growing by 6.1% and imports by 0.5%, maintaining its position as the world's largest goods trader [1][2] Trade Growth - China's imports and exports achieved a 3.8% growth in 2025, marking the ninth consecutive year of growth since joining the WTO [2] - In December 2025, monthly trade reached 4.26 trillion yuan, a 4.9% year-on-year increase, setting a new record [2] - High-tech product exports increased by 13.2%, contributing 2.4 percentage points to overall export growth [2] Sector Performance - Exports of specialized equipment, high-end machine tools, and industrial robots grew by 20.6%, 21.5%, and 48.7% respectively, with industrial robots becoming a net export product for China [2] - In the green energy sector, exports of lithium batteries and wind turbine generators rose by 26.2% and 48.7% respectively [2] - The artificial intelligence sector saw significant growth, with laser radar imports increasing by over 20% and exports of optical transceiver modules rising by nearly 60% [3] Market Diversification - In 2025, China engaged in trade with 249 countries and regions, with 14 exceeding a trade volume of 1 trillion yuan [4] - The concentration of trade partners decreased, with the top ten partners accounting for 47.7% of total trade, down from the previous year [4] Regional Trade Developments - Trade with ASEAN exceeded 1 trillion USD, and trade with Central Asian countries surpassed 100 billion USD [5] - Cooperation with Africa and Latin America deepened, with significant growth in exports of agricultural and engineering machinery [5] Import Trends - In 2025, imports reached 18.48 trillion yuan, marking a historical high and maintaining China's position as the second-largest import market globally [7] - The decline in international prices for major commodities impacted overall import growth, reducing it by 1.4 percentage points [7] Future Outlook - The external environment for foreign trade in 2026 is expected to remain challenging, with global trade growth projected to slow significantly [7][8] - China's institutional, market, industrial, and talent advantages are expected to enhance its resilience against risks, maintaining a solid foundation for foreign trade [8]