China's H1 foreign trade expands 16.9%

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Containers are loaded and unloaded at a terminal of Lianyungang Port, east China's Jiangsu Province, July 8, 2026. /VCG

China's foreign trade in yuan-denominated terms grew 16.9% year on year in the first half of 2026, data from the General Administration of Customs (GAC) showed on Tuesday.

The total value of goods imports and exports reached 25.47 trillion yuan (about $3.75 trillion) in the January-June period, surpassing 25 trillion yuan for the first time in that period, the data showed.

Of this total, exports amounted to 14.73 trillion yuan, up 13.4% year on year, maintaining growth for 11 consecutive quarters, while imports totaled 10.74 trillion yuan, rising 22.1% year on year, with a growth rate 8.7 percentage points higher than that of exports, contributing to balanced trade development.

Amid a complex and ever-changing external environment, China's foreign trade has maintained a positive operational trend, achieving strong growth momentum and stable performance, according to the GAC.

Source(s): Xinhua News Agency

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