Ministry of Commerce: China's foreign trade has been improving for a long time, and the fundamentals have not changed
2026-05-15
The spokesperson of the Ministry of Commerce, He Yong, stated at a regular press conference on the 14th that the external environment remains complex and volatile, and factors such as slowing global economic growth and escalating geopolitical conflicts may still have a certain impact on China's foreign trade. However, overall, the long-term positive fundamentals of China's foreign trade have not changed, and the fundamentals remain stable. According to the latest data released by the General Administration of Customs, the total value of China's goods trade imports and exports in the first four months of 2026 was RMB 16.23 trillion, a year-on-year increase of 14.9%, continuing a good growth trend. Among them, the import and export of electromechanical products increased by 19.5%, showing a high level of prosperity. The global AI wave deeply stimulates product demand, and integrated circuit trade achieves high-speed growth. China is a key supplier of global AI infrastructure and a major buyer and seller of integrated circuits worldwide. This is not only the result of the resonance between the global industrial cycle and market demand, but also a vivid manifestation of the continuous optimization of China's foreign trade structure and the steady improvement of industrial innovation capabilities. We firmly believe that with the joint efforts of all parties, China's foreign trade can maintain a stable and progressive development momentum, improve quality and efficiency within the year, and continue to make positive contributions to the global economic and trade development. ”He Yongqian said. (Looking into the New Era)
Edit:He Chuanning Responsible editor:Su Suiyue
Source:People's Daily
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