AI Data Insight
China's goods and services trade surplus in the second quarter of 2026 reached 15,271.4 billion RMB, climbing significantly from the previous value of 13,083.5 billion RMB, continuing to serve as the core support for the current account. Benefiting from the demand for AI-related technology products and the early stockpiling effect driven by geopolitical risk aversion, the massive goods export surplus successfully offset the services trade deficit. Looking ahead, close attention must be paid to the potential pressures on the medium-term current account caused by cooling overseas demand and capital outflows.