Skip to Content Facebook Feature Image

China's exports exceed 13 tln yuan in first six months of 2025, setting new record

China

China

China

China's exports exceed 13 tln yuan in first six months of 2025, setting new record

2025-08-01 01:26 Last Updated At:06:37

China's export scale exceeded 13 trillion yuan (about 1.81 trillion U.S. dollars) in the first half of this year, the highest level for the same period in history, as the country's foreign trade companies keep making efforts to expand their business in an increasingly volatile international market.

Notably, the private companies played a major role in boosting the trade growth, with their import and export scale surpassing 12 trillion yuan for the first time in the first six months also in comparison with the same period in history.

The growing trade partnership have also been keeping China's international shipping industry busy.

At Yantian Port in the country's southern city of Shenzhen, Guangdong Province, bustling operations have become common. All the port's 20 berths are often occupied by massive container vessels with a single one of them being able to carry nearly 30,000 twenty-foot equivalent unit (TEU) containers to destinations around the world.

"We added 11 new international shipping routes in the first half of this year, including one express route launched in June," said Pang Ning, deputy general manager of the commercial department at Hutchison Ports YANTIAN.

Yantian Port stands as an example of China's efforts to facilitate trade by improving its transportation network.

In the first half of this year, 11 international hub ports in China added over 72 shipping routes. Additionally, China’s trade with over 190 countries and regions recorded growth and the number of the country's trading partners with trade volumes exceeding 50 billion yuan reached 61, five more than in the same period last year.

While trade with markets like the European Union, Japan, and the UK continued to grow, emerging markets also made significant contributions to the growth. In the first six months of this year, China's trade with Africa totaled 1.18 trillion yuan, up 14.4 percent, and its trade with Central Asia increased by 13.8 percent to over 357 billion yuan.

A noticeable contributor of the growing trade is China's private enterprises, which have emerged as the backbone of the country's export growth through innovation and industrial upgrades.

In the first half of this year, over 80 percent of "little giant" enterprises that apply special, sophisticated techniques to produce unique and novel products and also had international trade performance were privately owned, and their high-tech exports increased by 12.5 percent.

The high-tech driven business growth has been helping Chinese companies attracting international customers.

In central China's Henan Province, a private company secured a 20-million-yuan international order for its independently developed electronic glass fiber yarn.

"A total of 189 fibers together equal the width of one human hair. These electronic materials, which are extracted from minerals, have now been exported to companies in Japan and South Korea, marking our full entry into the industrial and supply chains of the world's leading electronic material industry," Zhao Wuquan, head of the administration department at Henan Guangyuan New Material Company Limited.

China's exports exceed 13 tln yuan in first six months of 2025, setting new record

China's exports exceed 13 tln yuan in first six months of 2025, setting new record

Cuba has strongly condemned the United States' seizure of a Venezuelan oil tanker, with a former Cuban diplomat calling the action illegal and warning it threatens regional energy security as the U.S. escalates pressure on Venezuela.

Carlos Alzugaray, the former Cuban diplomat, said the seizure of the tanker and its cargo violates international law.

"They have seized the ship, the tanker, but they have also seized the oil, they have taken the oil. All the sanctions that the United States has imposed on Venezuela are illegal because they are not based on any decision of an international institution like the Security Council of the United Nations," he said.

U.S. forces last week seized a Venezuelan oil tanker, the Skipper, in the Caribbean, alleging it was part of an "illicit oil shipping network supporting foreign terrorist organizations." The U.S. has since intensified its campaign against Venezuela's oil trade.

U.S. President Donald Trump said Tuesday that he has ordered a total blockade of all sanctioned oil tankers traveling to and from Venezuela, escalating a months-long pressure campaign against Venezuelan President Nicolas Maduro.

Trump also said that the Venezuelan government has been designated "a foreign terrorist organization," accusing it of involvement in crimes including terrorism, drug smuggling and human trafficking.

Trump also claimed that Venezuela is "completely surrounded by the largest armada ever assembled in the history of South America," warning that the pressure would continue until the assets he said had been taken are returned to the United States.

Cuban President Miguel Diaz-Canel has also denounced the U.S. seizure of Venezuelan oil tanker last week, calling it an act of piracy and maritime terrorism as the U.S. blockade may also impact Cuba, which is experiencing an energy crisis and is heavily dependent on oil imports from Venezuela.

For Cuba, the seizure raises particular concerns. The island is facing a deep energy crisis marked by rolling blackouts and relies heavily on oil imports from Venezuela. Cuban officials fear that expanded U.S. enforcement actions could further disrupt supplies.

The tanker seizure coincides with an expanded U.S. military presence in the Caribbean under "Operation Southern Spear," officially described as a counter-narcotics mission. Cuban authorities argue that the deployment violates a regional declaration designating Latin America and the Caribbean as a "Zone of Peace," and have called for international condemnation of the U.S. actions.

Cuba condemns US seizure of Venezuelan oil tanker amid energy crisis

Cuba condemns US seizure of Venezuelan oil tanker amid energy crisis

Recommended Articles