MOFCOM foreign trade department head He Shaojun said China does not deliberately pursue a trade surplus and will continue to promote balanced import and export development, keep markets open and firmly expand imports. In 1H, goods imports rose 22.1%

2026-07-28

MOFCOM foreign trade department head He Shaojun said China does not deliberately pursue a trade surplus and will continue to promote balanced import and export development, keep markets open and firmly expand imports. In 1H, goods imports rose 22.1% YoY, clearly outpacing exports. China remains the world’s second-largest import market, with large-scale demand providing strong momentum for trading partners. Since last year China launched the Export China brand and plans to hold more than 100 import-promotion events annually; overseas Export China events have produced intended procurement agreements between Chinese and local firms, broadening sourcing channels and easing market access for foreign companies.