Headlines

China's Foreign Trade Fires Three Arrows, with Rising 'Innovation Content'

China's Foreign Trade Fires Three Arrows, with Rising 'Innovation Content'

China's first-half economic data has been released. Amid turbulent external conditions, China's foreign trade delivered impressive results against the trend. In the first half of the year, total goods imports and exports reached 25.47 trillion yuan, surpassing 25 trillion yuan for the first time in records, a year-on-year increase of 16.9%.

Against the backdrop of tariff threats from across the Pacific and turmoil in the Middle East, China's foreign trade ship not only sailed steadily but also upgraded to new engines.

A prominent change is the increased 'innovation content' of exports.

In the first half, China's goods trade exports totaled 14.73 trillion yuan, up 13.4% year-on-year. Electromechanical products were the absolute main force, with exports reaching 9.36 trillion yuan, up 20.1%, accounting for 63.5% of total export value.

Notably, high-tech product exports reached 3.26 trillion yuan, up 39%, while independent brand exports grew 25.4%, with their share rising by 2.4 percentage points.

These changes are inseparable from a key word — artificial intelligence (AI).

As the global AI computing race intensifies, China's industrial chain happens to stand at a critical supply end of this track, with related industries becoming one of the core drivers of foreign trade growth.

In the first half, exports of Chinese electronic components, computer parts, and other products all achieved double-digit growth, collectively driving export growth by 6.9 percentage points. Exports of intelligent bionic robots deeply integrated with AI technology exceeded 10,000 units, reaching over 90 countries and regions worldwide.

Additionally, AI glasses, AI translators, mechanical exoskeletons, and other smart products are iterating rapidly, with various innovative products continuously emerging, embedding China's intelligent manufacturing deeply into global industrial transformation.

Beyond increased innovation content, exports of green products represented by electric vehicles and lithium batteries maintain strong momentum, with the 'green content' of exports also rising steadily.

In the first half, exports of lithium batteries and wind turbine generators grew 37.6% and 35.6% respectively; electric vehicles, railway electric locomotives, and electric motorcycles grew 68.7%, 45.1%, and 31.5% respectively.

Global green and low-carbon transformation continues to advance, with rising demand for new energy construction and consumption well-matched to Chinese green products, becoming an important pillar of export growth.

If technological innovation and green transformation represent 'hard power' at the product level, market diversification provides strategic flexibility in geographic terms.

In the first half, China's foreign trade landscape flourished across multiple markets. Trade with Belt and Road partner countries reached 12.97 trillion yuan, up 14.8%, accounting for 50.9% of total trade; exports to Latin America and Africa grew 16.2% and 19.6% respectively, and to the EU by 10.2%.

Moreover, Chinese enterprises' international 'circle of friends' continues to expand. Compared to the same period last year, 267,000 foreign trade enterprises expanded their business to new countries and regions in the first half of 2026, with their combined import and export value growing 22.6%, accounting for nearly 70% of total trade.

This diversified 'circle of friends' gives Chinese foreign trade remarkable resilience. Chinese enterprises have voted with their feet, extending business to every corner of the globe, solidifying the most fundamental base of foreign trade.

Technological innovation, green transformation, and market diversification — these 'three arrows' of China's foreign trade target higher positions in global industrial and value chains, opening up a new landscape of high-quality development.

Industry

Related Articles

2026 Gamescom Opens in Cologne, Germany, as Over 1,600 Exhibitors Converge to Unveil Global Premieres

Gamescom 2026 has officially opened its doors in Cologne, Germany, spanning a total exhibition area of 233,000 square meters and hosting over 1,600 exhibitors. The Opening Night event unveiled a slate of major global blockbuster titles. Over 60 Chinese companies are exhibiting this year, marking a record high and underscoring the sector's robust momentum in global expansion. Meanwhile, international gaming giants have brought their flagship titles to the show floor, offering attendees immersive playable demos.

Gamescom Opens in Germany as 60 Chinese Game Developers Converge

Gamescom 2026 has officially opened in Cologne, Germany. As the world's largest gaming event, this year's edition is headlined by a record-breaking 60 Chinese exhibitors. Several homegrown titles debuted at Opening Night Live and secured multiple award nominations, underscoring the robust global influence of China's gaming industry.

18th International Transportation Technology and Equipment Exhibition Opens Today, Spotlighting AI-Empowered Future of Transportation

The 18th International Exhibition of Transportation Technology and Equipment has officially opened, drawing together domestic and international organizations. Running for three days, the event features four major exhibition zones and hosts more than 10 concurrent events. A key highlight is its focus on AI-driven innovation, featuring a curated showcase of breakthrough achievements. Additionally, a dedicated embodied AI interactive zone has been set up to demonstrate cutting-edge technologies.

Autumn/Winter Expo for Textile Fabrics and Accessories Opens in Shanghai; Shantou Nylon-Spandex Industrial Cluster Showcases 3,500 New Products

The 2026 China International Textile Fabrics and Accessories Autumn/Winter Expo opened in Shanghai. Making its debut as the "Production Base for China's Nylon and Spandex Fabrics," Shantou brought over 30 enterprises to the event, showcasing more than 3,500 new products. The city also launched the development of the "Shantou Nylon" regional brand, highlighting the robust strength of its industrial chain.

Korea International Pharmaceutical & Health Ingredients Exhibition Opens in Seoul, Drawing 478 Exhibitors from 22 Countries

CPHI Korea, the premier pharmaceutical and biotechnology exhibition, has officially opened in Seoul. The event brings together 478 exhibitors from 22 countries and has drawn pre-registrations from attendees across 88 nations, with the international visitor share reaching a record high. Running concurrently, forums across six core tracks showcase innovative technologies spanning the entire pharmaceutical and healthcare value chain, further solidifying Seoul's position as a leading biopharmaceutical hub in Asia.

29th Chengdu International Motor Show Kicks Off, Featuring Nearly 120 Brands and 1,600 Exhibition Vehicles

The 29th Chengdu Auto Show has opened at the Western China International Expo City, featuring 220,000 square meters of exhibition space and bringing together over 100 brands with more than 1,000 vehicles on display. Key highlights include the collective debut of flagship models from domestic automakers, the accelerated trickle-down of cutting-edge technologies, and the inaugural "Made in Chengdu" zone, showcasing the milestones achieved in the automotive industry's intelligent transformation.