🇨🇳China Economy: Foreign Trade Surges 14.9% in First Four Months of 2026
China's Q1 GDP grew 5.0% year-on-year, with industrial output up 7.2%. Customs data showed foreign trade hit ¥16.23 trillion in the first four months, up 14.9% year-on-year. April exports surged 21.0% to a record $383 billion. Green product exports — electric vehicles, lithium batteries, and wind turbines — jumped 68.1%, 43.2%, and 40.7% respectively. Manufacturing PMI remained above 50 for a second consecutive month. The Politburo assessed the economy has "started strongly" with "main indicators better than expected." Beijing also confirmed communication with Washington on Trump's planned visit remains open.
May 9, 2026 — Xinhua, CCTV, NBS, General Administration of Customs
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