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From 'world factory' to 'world market': China's imports surge 22% in first seven months_我的网站

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一 |     (ECNS) -- Starry Lee Wai-king, member of the Standing Committee of the National People's Congress and President of the Legislative Council of Hong Kong Special Administrative Region (HKSAR) on Monday encouraged Hong Kong people and businesses operating on the Chinese mainland to leverage their strengths to facilitate Hong Kong's deeper integration into and service to China's overall development strategy.    Lee addressed a sharing session hosted by the Office of the Government of the HKSAR in Beijing and the Hong Kong China Chamber of Commerce, with about 200 business representatives attending.    She noted that the Legislative Council will act as a promoter and supervisor to help implement Hong Kong's upcoming first five-year development plan, and said Hong Kong can serve as a bridge for mainland tech-focused companies expanding into global markets through its international platforms.    Arsene Yiu Kai-cheuk, director of the HKSAR Government's Beijing Office, noted that with the start of the country's 15th Five-Year Plan (2026-2030), Hong Kong institutions will step up exchanges to help residents better seize national development opportunities.    (By Intern Lin Qiaochu, Zhang Dongfang)                    。    (ECNS)-- China’s imports rose 22% year on year in the first seven months of 2026, outpacing export growth by 8 percentage points, according to data from the General Administration of Customs.     The strong growth highlights China’s expanding role as a major global consumer market alongside its long-standing position as the “world’s factory.”        In the first half of the year, industrial raw materials and components were among the main drivers of import growth. Imports of metal ores rose 22.6%, while imports of electronic components jumped 45.6%, supporting China’s high-end manufacturing sector and industrial supply chains.    Consumer goods also recorded robust growth, with imports of edible oils and aquatic products increasing 19.2% and 24.1%, respectively.    Market-opening measures have provided further momentum. Following the introduction of zero-tariff treatment for 53 African countries on May 1, China’s imports from Africa rose 23.5% over the following two months.    China has now granted zero-tariff treatment to 63 countries, while its overall tariff level has fallen to 7.3%. As the largest export market for nearly 80 countries, China has remained the world’s second-largest import market for 17 consecutive years.     (By Helen Mo, intern Lin Qiaochu)                    。

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Published on:19:16:41



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