AI Data Insight
The latest data shows that in June 2026, China's EPMI export order index plummeted to 43.4, a sharp decrease from the previous reading of 50.3, falling deep into the contraction zone. Analysts point out that the easing of geopolitical tensions led to the fading of overseas "rush order effects," which, coupled with high energy prices suppressing global consumption, is the main cause of the sudden drop in exports. However, R&D momentum in fields such as AI and high-end equipment remains resilient, providing downside support for the industry.