Core Viewpoint - The Chinese foreign trade has shown a steady growth of 3.5% in the first seven months of the year, despite increasing risks and challenges in international economic and trade development [1] Group 1: Trade Performance - In the first seven months, China's imports and exports to emerging and other markets increased by 5%, accounting for 65.5% of total trade [1] - Exports to ASEAN and Africa grew by 9.4% and 17.2% respectively, both significantly higher than the overall growth rate [1] Group 2: Product Export Growth - Mechanical and electrical products saw a 9.3% increase in exports, making up 60% of total exports, which is a 1.1 percentage point increase year-on-year [1] - High-tech and high-value-added products such as smart home devices, electric vehicles, industrial robots, and ships maintained a high export growth rate [1] Group 3: Policy and Future Outlook - The Ministry of Commerce has been reinforcing policy support to help foreign trade enterprises stabilize orders and employment since the fourth quarter of last year [1] - The Ministry expressed confidence in continuing to promote stable and quality growth in foreign trade while expanding high-level opening-up and collaborating with more trade partners to face challenges and share development opportunities [1]

Core Insights - China's foreign trade is showing a solid upward and innovative momentum, with a total import and export value of 25.7 trillion yuan in the first seven months of the year, reflecting a year-on-year growth of 3.5% [2] Group 1: Trade Performance - In the first seven months, China's exports of electromechanical products increased by 9.3%, accounting for 60% of total exports, which is a 1.1 percentage point increase year-on-year [2] - High-tech and high-value-added products such as smart home devices, electric vehicles, industrial robots, and ships maintained a high export growth rate [2] - A total of 654,000 foreign trade enterprises achieved import and export performance in the first seven months, with nearly 90% being private enterprises [2] Group 2: Challenges and Strategies - The international economic and trade environment is facing significant risks and challenges, with increased tariff barriers raising global trade costs and affecting supply chain efficiency and stability [2] - China will continue to expand high-level opening-up and focus on high-quality development to address various uncertainties in the global trade landscape [2]

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].

Core Insights - Multiple provinces in China have reported strong foreign trade performance in the first half of the year, contributing significantly to stabilizing the overall foreign trade landscape [1][2] - The growth rate of foreign trade in several central and western provinces has outpaced the national average, indicating further development potential [1][2] Summary by Sections Foreign Trade Performance of Major 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 growth rate of 3.9% [2] - Guangdong, as the largest foreign trade province, contributed 28% to the national foreign trade growth, while Jiangsu and Zhejiang also showed significant contributions to the overall export growth [2] Central and Western Provinces' Growth - The 18 central and western provinces 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 [2][3] - Notable examples include Shaanxi, which achieved an import and export total of 244.5 billion yuan, growing by 7.5% year-on-year, and a significant increase in production and sales reported by China National Heavy Duty Truck Group [3] Policy Outlook and Future Strategies - Experts anticipate that policies to stabilize foreign trade will be further strengthened in the second half of the year, with potential financing support for impacted foreign trade enterprises [4] - The focus will be on promoting industrial upgrades, enhancing infrastructure connectivity, and developing new competitive advantages in foreign trade [4]

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].