AI Data Insight
The latest released Q2 2026 (latest observation value corresponding to May) balance of payments goods trade debit recorded RMB -17,650.89 hundred million. The absolute value of imports narrowed compared to the previous month, but still expanded significantly by 16.8% compared to the same period last year. Benefiting from the pull-in of semiconductor equipment and the overseas early stocking effect, the overall import momentum continues to exceed market expectations.