China's foreign trade volume grew 2.9% year-on-year in the first half of 2025, reaching 21.79 trillion yuan ($3 trillion), according to data released Monday by the General Administration of Customs. The figures highlight the nation's continued integration into global supply chains despite ongoing economic headwinds.
Exports rose 3.7% to 12.46 trillion yuan, while imports increased 1.8% to 9.33 trillion yuan during the six-month period. Analysts note the growth reflects improved demand from key trading partners and strategic shifts in export composition toward high-tech products.
ASEAN countries maintained their position as China's largest trading partner, accounting for 15.8% of total trade volume. The European Union and United States followed closely, with cross-border e-commerce platforms contributing significantly to trade flows.
"This steady growth demonstrates China's evolving role in global trade networks," said Dr. Li Wei, senior economist at the Beijing-based Institute of International Trade. "The focus on value-added manufacturing and digital trade infrastructure appears to be paying dividends."
Customs officials emphasized ongoing efforts to streamline cross-border procedures, with the average clearance time for imports reduced by 18% compared to 2024 levels. The data comes as policymakers implement new measures to stabilize foreign trade through enhanced regional cooperation and trade finance support.
Reference(s):
cgtn.com