AI Data Insight
China's USD-denominated total imports for the second quarter of 2026 reached a year-over-year growth rate of 29.485%, strongly rebounding from the deep trough of -64.04% in the previous quarter and significantly outperforming market expectations. Benefiting from global AI infrastructure expansion and strong semiconductor demand, coupled with an advance stockpiling wave to counter potential tariffs, imports of technology components surged. However, the sustainability of domestic consumption recovery and geopolitical variables remain core risks to closely monitor in the second half of the year.