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World News July 15, 2026

China’s foreign trade posts robust growth in the first half of 2026

China’s foreign trade remained strong in the first half of 2026, with total goods trade reaching 25.47 trillion yuan (about $3.75 trillion), up 16.9% year on year, according to the General Administration of Customs.

Exports continued to be driven by high-tech industries, with high-tech product exports rising 39% to 3.26 trillion yuan, while mechanical and electrical products made up more than 60% of total exports. Imports also hit a record high, surpassing 10 trillion yuan for the first time in the first half of a year.

Private companies remained the main force behind growth, accounting for 57% of China’s total foreign trade. Trade with Belt and Road partner countries, Africa and neighboring markets also expanded, highlighting China’s efforts to diversify trade partnerships and strengthen global economic links.

Credit – CGTN

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