Reference News Network, August 8 report. According to Sputnik News, August 7 report, data released by the General Administration of Customs of China on August 7 showed that in July, China's total value of foreign trade in goods was 3.91 trillion yuan, an increase of 6.7% year-on-year.

According to statistics, in the first seven months of 2025, the total value of China's foreign trade in goods was 25.7 trillion yuan, an increase of 3.5% year-on-year. Among them, exports were 15.31 trillion yuan, an increase of 7.3%; imports were 10.39 trillion yuan, a decrease of 1.6%, with the decline narrowing by 1.1 percentage points compared to the first half of the year.

In July, the total value of China's foreign trade in goods was 3.91 trillion yuan, an increase of 6.7%. Among them, exports were 2.31 trillion yuan, an increase of 8%; imports were 1.6 trillion yuan, an increase of 4.8%, continuing for two consecutive months.

The Wall Street Journal website reported on August 7 that China's export growth accelerated in July, indicating that U.S. tariff measures have not yet suppressed China's exports so far, despite a decline in trade with the United States.

The General Administration of Customs of China stated on the 7th that, calculated in U.S. dollars, China's exports in July increased by 7.2% year-on-year, an increase higher than 5.8% in June.

The report said that this year, facing the tariffs imposed by the United States, China's overall export performance has been better than economists' expectations. Although trade with the United States has declined, exports to other parts of the world have been sufficient to compensate for this gap.

Another report from the Singaporean newspaper "Lianhe Zaobao" website on August 7 stated that the latest data released by Chinese authorities showed that, calculated in U.S. dollars, China's exports in July increased by 7.2% year-on-year.

According to the report, data released by the General Administration of Customs of China on the 7th showed that the foreign trade in goods of China in the first seven months of this year maintained a positive and improving trend, with a total value of 25.7 trillion yuan, an increase of 3.5% year-on-year, with the growth rate increasing by 0.6 percentage points compared to the first half of the year. Among them, the import and export to ASEAN, the EU, Africa, and Central Asia increased by 9.4%, 3.9%, 17.2%, and 16.3%, respectively.

Official data shows that, calculated in U.S. dollars, China's exports in July increased by 7.2% year-on-year, higher than the market expectation of 5.6%, while imports increased by 4.1%. The trade surplus in July was 98.24 billion U.S. dollars.

According to the report, Chinese private enterprises continue to play a major role in stabilizing foreign trade. In the first seven months of this year, the import and export of private enterprises reached 14.68 trillion yuan, an increase of 7.4% year-on-year, accounting for 57.1% of the total value of China's import and export, an increase of 2.1 percentage points compared to the same period last year. There were 570,000 private enterprises with import and export performance, an increase of 8.5%, accounting for 87.2% of the number of enterprises with import and export performance in China.

Bloomberg News cited the comments of Rong Jing, chief China economist at BNP Paribas, who said: "China's exports have exceeded expectations over the past three months, supported by exports to markets outside the United States."

The report said that despite the high tariffs imposed by the United States, China's exports remain resilient, indicating strong global demand for Chinese goods. This continues to be an important driving force for China's economy.

Rong Jing also said that China's chip exports have also performed well, reflecting the impact of the global semiconductor industry's strength and the boom in artificial intelligence development. (Translated by Guo Jun)

Original: https://www.toutiao.com/article/7536031397527568931/

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