AI Data Insight
In the third quarter of 2026 (July), the year-on-year growth rate of China's ordinary trade import value reached 10.2%, a significant pullback from the previous month's 15.4%. Although overall trade remained at a high level driven by high-tech sectors and advance stockpiling, the slowdown in ordinary trade growth highlights the weakness in domestic investment and consumption. Going forward, it is necessary to closely monitor the intensity of policies to expand domestic demand and the impact of potential tariff barriers on the supply chain.