AI Data Insight
In July 2026, China's international goods trade surplus reached 788.998 billion RMB, further expanding from the previous month's 749.713 billion RMB and far exceeding market expectations. Benefiting from global AI infrastructure demand and the frontloading effect to evade US and European tariffs, tech and new energy product exports were robust. Looking ahead, the massive surplus may exacerbate trade frictions, and the pace of domestic demand recovery will be the key to the medium-term sustainability of foreign trade.