AI Data Insight
According to the latest data, China's total exports denominated in USD for the first quarter of 2026 stood at USD 299.88 billion, a sharp contraction of approximately 69.8% compared to USD 992.96 billion in the previous quarter. However, this figure significantly conflicts with market consensus. External data shows that exports in the first two months actually grew by 21.8%, indicating that the given quarterly figure is actually the performance for the single month of February. Against the backdrop of the U.S. reinstating high tariffs, China's subsequent export momentum and its transitional policy of expanding domestic demand will become the market focus.