AI Data Insight
In Q3 2026 (July), China's RMB-denominated total exports reached RMB 27,274.07 hundred million, slightly edging up from RMB 27,125.12 hundred million in the previous month, while USD-denominated exports surged 23.9% year-on-year, significantly beating market consensus. Driven by an explosion in AI semiconductor orders and the front-loading export effect to evade new U.S. tariffs, foreign trade firmly holds its position as the economic mainstay, though risks of backlash from European and American trade barriers must be guarded against in the medium to long term.