Aug 22, 2025 06:24 PM (GMT+8) · EqualOcean
On August 21, China’s Ministry of Commerce reported that the country’s total imports and exports in the first seven months reached CNY 25.7 trillion (approx. USD 3.54 trillion), marking a 3.5% year-on-year increase. In July alone, the growth rate hit 6.7%, the fastest pace this year.The ministry attributed the recovery to policy support, diversified trade partnerships, and stronger export momentum. Stabilization measures and CNY 700 billion in financing helped enterprises secure orders and stabilize employment. Imports and exports to ASEAN increased 9.4%, while trade with Africa surged 17.2%; trade with “the Belt and Road”countries accounted for 51.7% of the total.Exports of electrical and mechanical products grew 9.3%, supported by strong demand for high-tech produ

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