AI Data Insight
China's total imports denominated in RMB reached 19616.23 billion in June 2026, marking a significant expansion from the previous month's 18637.95 billion, with an annual growth rate approaching 30%. This explosive growth primarily benefited from the official guidance of a stronger RMB against North Asian currencies, which substantially reduced the import costs of semiconductors and high-tech components. Strategic stockpiling is expected to continue in the short term, though attention must be paid to medium-term variables brought about by European and U.S. trade barriers.