China’s Foreign Trade Thrives on Strong Export Growth and Rising Import Demand

China’s foreign trade has shown robust growth in the first eight months of 2026, with a significant increase in both exports and imports, driven by strong overseas demand. Official data from the General Administration of Customs (GAC) revealed that the country’s total goods imports and exports surged by 17.6 percent year on year to 34.78 trillion yuan. This growth rate was 0.3 percentage points faster than the previous seven months, with exports rising by 14.6 percent to 20.17 trillion yuan and imports expanding by 22 percent to 14.61 trillion yuan. In August alone, China’s goods trade reached 4.65 trillion yuan,…