站稳20万亿！这场发布会透露七大信号，事关下半年外贸走向

Core Viewpoint - China's foreign trade maintained stable growth in the first half of the year, with a total import and export value of 21.79 trillion yuan, a year-on-year increase of 2.9% [1][3]. Group 1: Import and Export Scale - In the first half of the year, China's import and export scale stabilized at over 20 trillion yuan, marking a historical high for the same period [2][3]. - The total import and export value increased by over 600 billion yuan compared to the same period last year, with a second-quarter growth rate of 4.5%, accelerating by 3.2 percentage points from the first quarter [3]. Group 2: Export Performance - The export scale exceeded 13 trillion yuan for the first time in history, achieving a year-on-year growth of 7.2% [4][5]. - High-tech product exports grew by 9.2%, with significant increases in exports of high-end machine tools, ships, and marine engineering equipment [5]. Group 3: Import Trends - Total imports amounted to 8.79 trillion yuan, a year-on-year decrease of 2.7%, influenced by international trade policy uncertainties and falling commodity prices [6][7]. - The import of high-end machine tools and electronic components saw accelerated growth in the second quarter, indicating a recovery in domestic demand [7][8]. Group 4: Private Enterprises' Role - Private enterprises led foreign trade with a total import and export value of 12.48 trillion yuan, a year-on-year increase of 7.3%, accounting for 57.3% of China's foreign trade [9][10]. - The number of enterprises with export performance continued to increase, with private enterprises showing strong growth in high-tech product exports [10]. Group 5: Foreign Investment Enterprises - Foreign investment enterprises achieved an import and export value of 6.32 trillion yuan, a year-on-year increase of 2.4%, marking five consecutive quarters of growth [11][12]. - The number of foreign investment enterprises with import and export performance reached 75,000, the highest since 2021 [13]. Group 6: Sino-US Trade Relations - In the first half of the year, trade with the United States saw a total value of 2.08 trillion yuan, a year-on-year decrease of 9.3%, with exports declining by 9.9% [14][15]. - Recent trade talks have led to a recovery in Sino-US trade, with June's trade value showing improvement compared to May [15]. Group 7: Cross-Border E-commerce - Cross-border e-commerce imports and exports reached approximately 1.32 trillion yuan, a year-on-year increase of 5.7%, with exports growing by 4.7% [16][17].