Export Data - In June 2025, China's exports increased by 5.8% year-on-year, up from 4.8% in May, surpassing market expectations of 5.0%[2] - The trade surplus reached $114.77 billion, compared to $103.22 billion in the previous month[2] Import Data - Imports rose by 1.1% year-on-year in June, recovering from a decline of 3.4% in May, exceeding market expectations of 0.3%[2] - The increase in imports was supported by a low base effect and resilient export performance, with the import volume showing significant growth[4] Export Drivers - The recovery in export growth was partly due to the delayed impact of the US-China tariff suspension, with the year-on-year decline in exports to the US narrowing by 18.4 percentage points to -16.1%[3] - Demand for re-export from ASEAN countries continued to rise, although future costs may increase due to the US-Vietnam tariff agreement[3] Import Trends - Strong demand for high-end manufacturing imports, such as semiconductors and integrated circuits, contributed approximately 1.8 percentage points to import growth[4] - The import growth of most energy and mineral products was affected by price factors, particularly for copper[4] Future Outlook - Export growth is expected to benefit from the tariff suspension in the short term, but pressure may emerge by the end of Q3 2025 due to elevated base effects and potential shifts in US demand[5] - Risks include geopolitical uncertainties and unexpected changes in economic policies that could impact market sentiment[5]

Core Viewpoint - The China Council for the Promotion of International Trade (CCPIT) will host the Shanghai Cooperation Organization (SCO) Business Forum during the third Chain Expo, emphasizing regional cooperation and dialogue among businesses [1][2]. Group 1: Forum Details - The forum will take place on July 17 and is themed "Promoting the Shanghai Spirit: Business Community in Action," focusing on actionable outcomes and local development concerns [1]. - Activities will include a series of "SCO Entrepreneurs' Local Tours" in regions such as Xinjiang, Hunan, and Chongqing, aimed at enhancing cooperation in arbitration, cultural tourism, and economic investment [1]. Group 2: Research and Collaboration - The forum will release the "SCO Supply Chain Development Research Report," providing policy recommendations to enhance cooperation in industrial and supply chains among member countries [1]. - Three enterprise matchmaking events will be organized in agriculture, energy, and logistics, alongside exhibition activities to help businesses find optimal partners for resource allocation [1]. Group 3: Current Economic Climate - The current environment for China-Central Asia business cooperation is robust, with a growing willingness for collaboration despite challenges posed by unilateralism and protectionism [2]. - The year marks the "China Year" for the SCO, with significant activities planned to strengthen ties, including multiple delegations of Chinese entrepreneurs visiting SCO member states [2]. Group 4: Recent Achievements - During the second China-Central Asia Summit, 32 contracts and intention agreements were signed between Chinese and Central Asian enterprises, amounting to $11 billion, covering sectors like energy, logistics, and agricultural trade [3].

Core Insights - A total of 26 financing events were disclosed on June 23, 2025, involving 25 domestic companies and 1 foreign company, with a total financing amount of approximately 5.145 billion RMB [2] - The enterprise service sector had the highest number of financing events, while the automotive mobility sector had the highest financing amount [2] - In the low-carbon sector, there were 4 financing events involving 4 domestic companies, with a total financing amount of about 440 million RMB [2] Low-Carbon Sector Summary - One company was acquired: Xin Cheng Hang Rui, a metal forging manufacturer based in Chongqing, China [2] - Zhan Ding Materials completed a Series A financing round of 200 million RMB, ranking in the top 20% of all Series A financing this year, with investors including Trend Capital, Eight Billion Space, Sequoia Capital China, Yangtze Innovation Investment, Qianhai Dingfeng Investment, and Houxue Capital. The company is based in Jiangsu, China, and provides solutions in the fluorine industry [2] - Kunshan Meimiao Environmental Technology secured tens of millions in Series A financing from Silicon Port Capital. The company, also based in Jiangsu, specializes in biochemical wastewater treatment technology services [2] - Rouhe Technology completed tens of millions in angel round financing, ranking in the top 20% of all angel round financing this year, with investors including Shenzhen Jingxing Investment Management Co., Ltd., Zhenhai Industrial Fund, and Xintang An Energy. The company is based in Zhejiang, China, and focuses on the research and development of new energy materials [2]