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International trade

China's Economic Development: A Record-Breaking First Half

Strategic Insights

— 1 min read

China's economic development practices have shown impressive growth, with the country's import and export of goods reaching a record high of 21.79 trillion yuan in the first half of the year. This significant increase is a testament to the country's strong economic momentum and its ability to attract foreign investment. According to the State Council, 30,014 new foreign-invested enterprises were established nationwide, representing a 11.7% year-on-year increase. The "attraction" of foreign trade and the "driving force" of foreign investment are driving China's economic growth, and the government is committed to expanding high-level opening up to further boost development.

Key Takeaways:

  • China's import and export of goods reached 21.79 trillion yuan in the first half of the year, a record high for the same period in 2018.
  • 30,014 new foreign-invested enterprises were established nationwide, representing a 11.7% year-on-year increase.
  • The government has made arrangements to strengthen economic work in the second half of the year, adding momentum and vitality to the expansion of opening up.
  • China aims to enhance policy continuity and the effectiveness of implementation by focusing on institutional opening, developing new models, and strengthening service guarantees.
  • The high-level opening will shape the Chinese economy into a stable, steady, and positive economy, channeling diverse flows and calming storms.

Statistics:

  • Import and export of goods reached 21.79 trillion yuan in the first half of the year.
  • 30,014 new foreign-invested enterprises were established nationwide, representing a 11.7% year-on-year increase.
  • The Hainan Free Trade Port is a key development area, with the goal of establishing a free trade zone that promotes high-level opening up.
  • The Political Bureau of the CPC Central Committee meeting recommended strengthening economic work in the second half of the year, focusing on enhancing policy continuity and implementation effectiveness.

Sources:

  • State Council of the People's Republic of China (2025) - "Why does China represent certainty, future potential, and opportunity?"
  • China's Government Information Office (2025) - Not available in the original text.

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