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]

Group 1: Rural E-commerce Development - The event "E-commerce Empowerment Linking Villages" highlighted the importance of innovative business models in rural e-commerce as a key measure for building a modern rural circulation system and increasing farmers' income [1] - The Ministry of Commerce has implemented policies to support rural e-commerce development, including notifications and implementation opinions aimed at enhancing local capabilities and promoting best practices [1][2] - As of July 2025, the number of rural online businesses exceeded 19.5 million, reflecting a year-on-year growth of 6.4% [2] Group 2: Agricultural Product Sales and Income Growth - From January to July 2025, the online retail sales of agricultural products increased by 7.4%, while the per capita disposable income of rural residents grew by 6.2% in the first half of the year [2] - The rural consumption market is thriving, with rural online retail sales rising by 6.4% during the same period [2] Group 3: Logistics and Infrastructure Improvements - Since 2022, 1,285 county-level logistics centers and 1,457 township express logistics stations have been established, enhancing the rural logistics system [2] - The coverage rate of express delivery services in administrative villages has reached 95%, indicating significant improvements in rural logistics networks [2] Group 4: Foreign Trade Performance - In the first seven months of the year, China's total goods trade import and export value reached 25.7 trillion yuan, a year-on-year increase of 3.5% [4] - Exports amounted to 15.3 trillion yuan, reflecting a growth of 7.3% [4] Group 5: Supportive Policies for Foreign Trade - The Ministry of Commerce has implemented multiple rounds of policies to stabilize foreign trade, focusing on nurturing new trade dynamics and enhancing public services [5] - In the first seven months, the short-term insurance coverage by China Export & Credit Insurance Corporation reached 573.5 billion USD, a 14.7% increase [5] Group 6: Trade Partnerships and Market Expansion - Trade with emerging markets grew by 5% in the first seven months, accounting for 65.5% of total trade, with significant increases in trade with ASEAN and Africa [5] - The export of mechanical and electrical products rose by 9.3%, making up 60% of total exports, indicating a shift towards high-tech and high-value products [5]

Core Viewpoint - The foreign trade performance of several provinces in China has shown significant improvement in the first half of the year, with a focus on stabilizing and enhancing foreign trade quality and quantity in the coming months [1][5]. Group 1: Performance of Major Foreign Trade Provinces - Shandong Province achieved a total import and export value of 1.73 trillion yuan, ranking fifth nationally, with a year-on-year growth of 6.8%, surpassing the national average of 3.9% [2]. - Guangdong, as the largest foreign trade province, contributed 28% to the national foreign trade growth, while Jiangsu's import and export growth rate exceeded the national average by 2.3 percentage points [2]. - The combined import and export value of Guangdong, Jiangsu, Zhejiang, Shanghai, and Shandong accounted for 64.1% of the national total, with a year-on-year growth of 4.8%, driving overall growth by 3 percentage points [2]. Group 2: Performance of Central and Western Provinces - The 18 provinces in Central and Western China reported a total import and export value of 3.95 trillion yuan, with a year-on-year growth of 11.2%, exceeding the national average by 8.3 percentage points [3]. - Shaanxi Province achieved an import and export total of 244.514 billion yuan, with a year-on-year growth of 7.5%, indicating a significant recovery in growth rate compared to the first quarter [4]. Group 3: Policy Outlook and Future Expectations - Experts anticipate that policies to stabilize foreign trade will be further strengthened in the second half of the year, with potential financing support for foreign trade enterprises facing challenges [6]. - The focus will be on promoting industrial upgrades, enhancing collaborative efficiency through infrastructure connectivity, and expanding into emerging markets to stabilize international market shares [6]. - The future foreign trade strategy will aim to build a framework based on domestic circulation, diversified markets, and technological innovation to seek greater development space [6].

● 本报记者 王舒嫄 今年上半年，多个"外贸大省"纷纷交出亮眼成绩单，为稳住外贸基本盘发挥重要作用；多个中西部省份 外贸增速高于全国增速，发展潜力得到进一步释放……上半年，大部分省份外贸数据走出一条清晰 的"上扬线"。 专家认为，推动外贸稳量提质仍是各省份重点关注工作。预计下半年稳外贸政策会进一步加码，针对受 冲击较大的外贸企业的融资支持政策有望出台。 从上述案例可以管窥山东这个"外贸大省"上半年能取得亮眼成绩的原因。海关数据显示，上半年，山东 省货物贸易进出口1.73万亿元人民币，列全国第5位，同比增长6.8%，高于全国3.9个百分点。其中，出 口1.05万亿元，增长6%。（下转A07版） （上接A01版）上半年，广东作为我国外贸第一大省，对全国外贸增长的贡献率达28%；江苏货物贸易 进出口增速高于全国2.3个百分点；浙江对全国出口增长贡献率达19.8%…… "'外贸大省'在全国外贸总额中占比高，对稳定外贸基本盘发挥着关键作用。上半年，广东、江苏、浙 江、上海、山东进出口值合计占全国进出口总值的64.1%，同比增长4.8%，高出全国整体增速1.9个百分 点，拉动进出口整体增长3个百分点。'大省'也是出口增长 ...

政策与服务"双轮驱动"是取得这份成绩的密码。一方面，政策工具箱持续扩容。一季度，河南省出台加 强金融支持促进外贸稳定增长的指导意见，向金融机构推送外贸重点企业、潜力增长企业、对美贸易受 阻企业清单，助力企业渡过难关、开拓市场；二季度，出台促进外贸稳量提质若干措施，健全重点外贸 企业联系机制，支持企业拓展国内与非洲、美洲市场。 另一方面，企业服务更趋精细化。河南省多次召开重点企业座谈会，摸底调研、梳理分析对美出口情 况，指导帮助企业积极应对。对进出口亿元以上骨干企业实施分级包联，及时解决生产经营中存在的困 难问题。及时兑现支持新郑综保区专项资金，支持区内重点企业保订单、稳经营、扩外销。 此外，河南发布了300个国际性展会推荐名录，支持企业参加展会，新签订单超300亿元，第137届广交 会现场成交超5亿美元，同比增长7.97%。举办2025郑州跨境电商大会暨外贸优品中华行（河南站）活 动，吸引1100余名境内外嘉宾、1000余名采购商到会，成交额超3000万元，有效帮助企业拓展了内销市 场。 下半场：稳量提质 锻造开放新优势 在2025郑州跨境电商大会暨外贸优品中华行（河南站）活动现场，一款看似普通却暗藏玄机的钧 ...

Core Viewpoint - China's foreign trade showed steady growth in the first half of 2025, with 22 provinces reporting positive year-on-year growth, highlighting the resilience and vitality of the foreign trade sector amid external pressures [1][2]. Group 1: Overall Trade Performance - The total value of China's goods trade in the first half of 2025 reached 21.79 trillion yuan, marking a historical high for the same period, with a year-on-year increase of 2.9% [2]. - Major provinces such as Guangdong, Jiangsu, and Zhejiang accounted for 64.1% of the national total trade value, with a combined year-on-year growth of 4.8%, surpassing the national average growth rate [2][3]. Group 2: Regional Contributions - The central and western provinces, including Sichuan and Henan, are gradually releasing their potential, with significant increases in trade values [4]. - Qinghai province experienced a remarkable 57.7% growth in total import and export value, driven by a surge in exports of new energy products, particularly lithium-ion batteries [1][4]. Group 3: Future Strategies - Provinces are encouraged to focus on upgrading industries, enhancing infrastructure connectivity, and fostering new competitive advantages in foreign trade [6]. - There is a call for collaboration between inland and coastal regions, as well as between eastern and western provinces, to create a complementary trade structure [6][5].

Core Insights - Henan's foreign trade demonstrated resilience and growth, with a total import and export value of 412.53 billion yuan in the first half of the year, marking a year-on-year increase of 26.2%, surpassing the national growth rate by 23.3 percentage points [3] Group 1: Trade Performance - The province's foreign trade scale exceeded 410 billion yuan for the first time in history during the first half of the year, achieving the highest record for the same period [3] - The number of foreign trade enterprises in Henan reached 11,700, an increase of 1,235 compared to the same period last year, with 545 enterprises having an import and export value exceeding 50 million yuan, accounting for 87.4% of the province's total foreign trade [4] Group 2: Government Support and Initiatives - Henan implemented targeted policies and support measures to help foreign trade enterprises reduce costs and improve efficiency, including establishing service centers and a key enterprise list to facilitate international trade [4] - The province organized events like the Zhengzhou Cross-Border E-Commerce Conference to connect local enterprises with international markets, particularly in Central Asia and Russia [4] Group 3: Export Product Trends - The export of mechanical and electrical products reached 177.72 billion yuan, growing by 59.8%, with new energy vehicles and advanced manufacturing clusters driving this growth [6] - The export value of "new three samples" products reached 14.15 billion yuan, a significant increase of 152.8%, with electric vehicle exports alone amounting to 13.11 billion yuan, growing by 275.6% [6] Group 4: Market Expansion - Henan's enterprises actively sought to expand their markets internationally, participating in trade fairs and directly engaging with customers in regions like Europe and South America [7] - The province's trade with ASEAN reached 55.22 billion yuan, a growth of 9.9%, maintaining ASEAN as Henan's largest trading partner [7]

Core Viewpoint - Suzhou's foreign trade is thriving, supported by the "Suzhou Intelligent Manufacturing Ten Actions" initiative, which emphasizes high-level open innovation and market expansion. The Bank of China Suzhou Branch plays a crucial role in providing financial support to enhance foreign trade stability and quality [1][9]. Financial Support for Foreign Trade Stability - The Bank of China Suzhou Branch has established a "Stabilizing Foreign Trade" task force and developed a comprehensive action plan with 15 specific measures to strengthen financial supply and optimize trade promotion [1][2]. - In the first four months of this year, the bank issued over 58 billion yuan in financing to local import and export enterprises, demonstrating its commitment to supporting small and micro foreign trade companies [2][3]. Innovative Financial Products and Services - The bank has introduced various financing products such as "Suzhou Trade Loan" and "Cross-border E-commerce Loan" to address the financing challenges faced by small and micro enterprises [2][3]. - The bank has also launched a range of foreign exchange risk management services, including customized hedging products and a "one-stop" foreign exchange risk management service [3]. Support for International Expansion - The bank has facilitated the issuance of over 2 billion yuan in foreign-related guarantees in the first four months of this year, covering 38 countries involved in the Belt and Road Initiative [5][8]. - The bank has successfully assisted a leading equipment manufacturing company in securing a contract in Nicaragua by providing a specialized Spanish performance guarantee [5]. Cross-border Financial Services - The bank has developed a comprehensive cash management service that operates 24/7 across multiple time zones and currencies, enhancing the efficiency of global fund management for enterprises [6][7]. - The bank has actively promoted the use of RMB for cross-border transactions, supporting a company in Malaysia with 70 million yuan in cross-border RMB investment [7][8]. Policy Implementation and Market Response - The bank has effectively responded to the market's demand for high-level cross-border trade facilitation, serving over 500 quality enterprises in the region [8][9]. - In the first four months of this year, the bank provided over 20 billion yuan in cross-border RMB facilitation services to more than 90 quality enterprises [8].

Core Viewpoint - The 137th Canton Fair aims to support foreign trade enterprises in facing external risks and challenges while enhancing the quality and quantity of exports through various measures [1]. Group 1: Event Overview - The third phase of the 137th Canton Fair, themed "Better Life," features a total exhibition area of 515,000 square meters, with 24,560 booths and 12,043 participating companies [1]. - The exhibition covers various categories, including toys, home textiles, stationery, and health and leisure products, with a focus on personalized and high-quality offerings [1]. Group 2: Participation and Measures - The fair has eliminated export volume requirements for high-quality startups, resulting in a significant increase in the number of participating quality enterprises [1]. - A total of over 30,000 companies are participating in the export exhibition, with more than 4,200 new enterprises [1]. Group 3: Financial Incentives - The China Foreign Trade Center announced that exhibition fees will be waived for rural revitalization zones and reduced by 50% for other export exhibitors, with refunds being processed for already collected fees [2]. - The Guangzhou trading group reported that over 900 companies participated, with more than 80% being small and medium-sized enterprises, benefiting from a total fee reduction of over 20 million yuan [3].

Core Insights - The 137th Canton Fair is being held from April 15 to May 5 in Guangzhou, with a focus on promoting trade innovation and achieving stable and high-quality foreign trade in the final year of China's 14th Five-Year Plan [1] Group 1: Exhibition Scale and Participation - The total exhibition area is 1.55 million square meters, with approximately 74,000 booths and around 31,000 participating companies [1] - The number of booths for export exhibitions is nearly 73,000, with first-time participation of over 30,000 companies, an increase of nearly 900 from the previous session [1] - The import exhibition features about 1,600 booths from 736 companies across 50 countries and regions, remaining stable compared to the last session [1] Group 2: Exhibition Themes and Quality - The fair is divided into three phases with themes of "Advanced Manufacturing," "Quality Home Furnishings," and "Better Life," featuring 55 exhibition areas and 172 product zones [2] - New initiatives have been introduced to improve the quality of participating companies, with over 4,200 new exhibitors and a 20% increase in companies recognized as national high-tech or specialized "little giants" [2] - Approximately 3,700 companies related to "new three samples," digital technology, and intelligent manufacturing are participating, along with over 17,000 companies with their own brands [2] Group 3: Marketing and Online Platform Enhancements - The fair emphasizes marketing efforts targeting key markets such as the Belt and Road Initiative, RCEP, and Europe and the United States, with various promotional activities to diversify the sources of buyers [3] - The Canton Fair APP has been well-received, with 148,000 downloads, and will be upgraded to provide more precise services for buyers and suppliers [3] - Over 1,000 trade promotion activities will be held, including industry conferences, new product launches, and a series of trade promotion events [3]