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    China's Trade Surges with Double-Digit Growth in 2026

    June 15, 2026
    SeaNews
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    China's Trade Surges with Double-Digit Growth in 2026
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    China's foreign trade grew robustly in early 2026, with imports and exports rising significantly, totaling CNY20.68 trillion (US$2.9 trillion).

    China's foreign trade expanded strongly in the first five months of 2026, with imports and exports rising double digits and total goods trade reaching CNY20.68 trillion (US$2.9 trillion), reported China Global Television Network.

    The Ministry of Commerce stated that imports rose by 20.5 percent and exports increased by 11.8 percent year on year. Officials pledged to stabilize exports, expand imports, and contribute greater certainty to global economic growth.

    Spokesman He Yadong noted that imports hit a record high for the period, with high-tech product imports up by 31.2 percent. Exports of mechanical and electrical products rose by 18.4 percent, while electric vehicles, solar products, and lithium batteries continued to perform strongly.

    Trade with Belt and Road partner countries grew by 13.6 percent and accounted for more than half of China's total trade. Commerce with ASEAN, the EU, Africa, and Latin America also posted double-digit growth, underscoring the breadth of China's trade expansion.

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