Core Insights - China's 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][4][6] Group 1: Trade Performance - In the first seven months, imports and exports to emerging and other markets increased by 5%, accounting for 65.5% of total trade [4] - Exports of mechanical and electrical products grew by 9.3%, making up 60% of total exports, which is an increase of 1.1 percentage points year-on-year [4] - Notable growth in exports was observed in high-tech and high-value-added products such as smart home devices, electric vehicles, industrial robots, and ships [4] Group 2: Policy Support - Since the fourth quarter of last year, the Ministry of Commerce has been working with relevant departments to strengthen policy support for foreign trade enterprises, focusing on stabilizing orders and employment [4] - The commitment to expand high-level opening-up remains strong, with confidence in continuing to promote stable and quality improvements in foreign trade [6]

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]

Group 1: Economic Resilience in the Yangtze River Delta - Major projects in Shanghai for 2025 include 186 officially planned projects with an investment of 240 billion yuan, showing strong investment completion rates in the first half of the year [2] - Anhui province announced 537 major projects with a total investment of 324.08 billion yuan, focusing on emerging industries and high-tech projects, indicating a shift towards new and high-quality investments [2] - Jiangsu province's 800 major industrial projects are over 98% advanced manufacturing, with a 12% acceleration in project completion compared to targets [3] Group 2: Sports Economy Impact - The "Su Super" football league in Jiangsu has significantly boosted local consumption, with hospitality and dining sectors seeing increased revenue growth in areas hosting matches [5] - The "Zhe BA" basketball league in Zhejiang aims to stimulate consumption through sports events, with a focus on integrating sports with tourism and services [6] Group 3: Foreign Trade Stability - The Yangtze River Delta's import and export volume reached 8.16 trillion yuan in the first half of the year, a 5.4% increase, accounting for 37.4% of the national total [7] - High-value products dominate exports, with a notable increase in exports of integrated circuits by 17.8% and a significant rise in the number of active import-export enterprises [7] - Shanghai's foreign trade showed resilience with a historical high in import-export volume in the second quarter, while Jiangsu and Zhejiang reported substantial growth in specific sectors [8]