AI Data Insight
In July 2026, the monthly value of China's general trade imports recorded 1,038,410.65 million RMB, a decline of about 5.9% compared to the previous month. Although the overall market's USD-denominated import YoY growth rate was strong, the monthly data weakened due to disruptions from extreme weather and sluggish domestic demand. The market is paying close attention to whether counter-cyclical policies can drive import demand for bulk commodities and AI equipment in the second half of the year.