Core Viewpoint - Despite a complex international environment, China's foreign trade demonstrates strong resilience, with a notable increase in both exports and imports in the first half of 2025, reflecting a year-on-year growth of 2.9% in total trade volume [1][3]. Trade Performance - In the first half of 2025, China's total goods trade reached 21.79 trillion yuan, with exports growing by 7.2% and imports by 2.3% [1]. - The trade volume has remained above 10 trillion yuan for nine consecutive quarters, with an increase of over 600 billion yuan compared to the same period last year [3]. - In June 2025, the total trade volume was 3.85 trillion yuan, marking a 5.2% increase year-on-year, with exports at 2.34 trillion yuan and imports at 1.51 trillion yuan [3]. Market Diversification - China has expanded its trade relationships, achieving growth in exports and imports with over 190 countries and regions, including a significant increase in trade with emerging markets such as Africa and Central Asia [3][4]. - Trade with Africa reached 1.18 trillion yuan, growing by 14.4%, while trade with Central Asia increased by 13.8% to 357.2 billion yuan [3]. U.S.-China Trade Dynamics - U.S.-China trade saw a decline in the second quarter of 2025, with a year-on-year drop of 20.8%, but there are signs of recovery following recent trade talks [4][5]. - In the first half of 2025, trade with the U.S. decreased by 9.3%, with exports down by 9.9% and imports down by 7.7% [5]. High-Tech and E-commerce Growth - High-tech product exports grew by 9.2%, with significant increases in sectors such as industrial robots and renewable energy equipment [7]. - Cross-border e-commerce imports and exports reached approximately 1.32 trillion yuan, reflecting a year-on-year growth of 5.7% [9]. Business Confidence and Foreign Investment - Confidence among export and import enterprises has been rising, with the number of exporting companies increasing steadily over the years [11]. - In the first half of 2025, foreign-invested enterprises' trade volume reached 6.32 trillion yuan, marking a 2.4% increase [12]. - The number of foreign-invested enterprises with trade performance reached 75,000, the highest since 2021, indicating a strong interest in the Chinese market [13].