AI Data Insight
China's cumulative YoY growth rate of RMB-denominated exports in the second quarter of 2026 (first five months) climbed to 11.8%, continuing to expand from the previous 11.3%. Benefiting from booming global demand for AI technology and overseas customers stocking up early due to geopolitical risk concerns, recent export performance has significantly outperformed market expectations. Looking ahead, although short-term shipment momentum remains intact, it is necessary to guard against slowdown pressure from medium-to-long-term overseas inventory destocking.