Li Bin, press spokesman and deputy director of the State Administration of Foreign Exchange, introduced the foreign exchange balance data for the first half of 2026. In the first half of the year, China's total import and export volume of goods trade exceeded 25 trillion US dollars, an increase of 16.9% over the previous year. This is an important driving factor for the growth of cross-border balance of payments. Meanwhile, the foreign trade structure continues to be optimized. Exports of integrated circuits and three new products contributed nearly 50% to total export growth, supplying the world with higher quality products. China's import scale reached a record high in the same period, growing faster than exports, providing space and opportunities for global foreign trade growth.

Li Bin, press spokesman and deputy director of the State Administration of Foreign Exchange, introduced the foreign exchange balance data for the first half of 2026. In the first half of the year, China's total import and export volume of goods trade exceeded 25 trillion US dollars, an increase of 16.9% over the previous year. This is an important driving factor for the growth of cross-border balance of payments. Meanwhile, the foreign trade structure continues to be optimized. Exports of integrated circuits and three new products contributed nearly 50% to total export growth, supplying the world with higher quality products. China's import scale reached a record high in the same period, growing faster than exports, providing space and opportunities for global foreign trade growth.