Core Viewpoint - China's foreign trade maintained a steady growth 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 increase of 3.5% [1][2] Group 1: Supporting Factors - Strong policies have been implemented since the fourth quarter of last year, with multiple rounds of foreign trade stabilization policies introduced to support enterprises in maintaining orders and employment [1] - The cooperation with diverse trade partners has expanded, with exports to emerging markets growing by 5% and accounting for 65.5% of total exports [1] - The release of new momentum in foreign trade is evident, with exports of electromechanical products increasing by 9.3%, and high-tech products like smart home devices and electric vehicles maintaining high growth rates [2] Group 2: Challenges and Outlook - Global economic development remains uncertain, with increased tariff barriers affecting trade costs and global supply chain efficiency [2] - The commitment to high-level opening up and high-quality development is emphasized as a strategy to address uncertainties and continue promoting stable and quality growth in foreign trade [2]

Group 1 - The core viewpoint is that China's foreign trade has maintained a steady and progressive trend in the first seven months of the year, achieving both quantity and quality improvements, which is considered quite challenging [1] - The momentum of foreign trade is increasingly solid, with high-tech and high-value-added products such as smart home devices, electric vehicles, industrial robots, and ships maintaining a high export growth rate [4] - In the first seven months, there were 654,000 foreign trade enterprises with import and export performance, of which nearly 90% were private enterprises [4]