AI Data Insight
In the second quarter of 2026 (April), China's export price index fell to 98.1, declining again from 98.8 in the previous quarter and continuing to stay below the 100 boom-or-bust line. Despite weakening export pricing power, the "price-for-volume" advantage drove overall export value in the same period to achieve a double-digit year-on-year growth of 14.1%, with high-end manufacturing acting as the main engine. Looking ahead, amid the tug-of-war between the official push for "anti-involution" and industrial overcapacity, short-term prices are likely to continue fluctuating at low levels, while medium-term risks of tariff barriers from the US and Europe must be guarded against.