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Foreign-invested, state-owned enterprises achieve double-digit growth in trade in H1

China

China

China

Foreign-invested, state-owned enterprises achieve double-digit growth in trade in H1

2026-07-23 18:17 Last Updated At:18:37

China's foreign-invested and state-owned enterprises both achieved double-digit growth in their import and export volumes in the first half of 2026, reflecting enhanced corporate vitality across the country, Vice Minister of Commerce Yan Dong said at a press conference in Beijing on Thursday.

Yan highlighted the robust performance of various market entities in driving the nation's foreign trade. "Corporate vitality has continued to strengthen. In the first half of the year, private enterprises contributed nearly 60 percent of the incremental growth in foreign trade, while both foreign-invested enterprises and state-owned enterprises achieved double-digit growth in their import and export volumes," he said.

Foreign-invested, state-owned enterprises achieve double-digit growth in trade in H1

Foreign-invested, state-owned enterprises achieve double-digit growth in trade in H1

The STAR Composite Index, which reflects the performance of stocks on China's sci-tech innovation board, closed 2.6 percent lower at 1,961.72 points on Thursday.

The STAR 50 Index, which tracks the 50 largest stocks listed on the board that also meet certain liquidity requirements, closed 3.78 percent lower at 1,789.69 points.

The sci-tech innovation board, commonly known as the STAR Market, was inaugurated in June 2019 at Shanghai Stock Exchange. It is designed to support companies in the high-tech and strategic emerging sectors.

China's STAR Composite Index closes lower Thursday

China's STAR Composite Index closes lower Thursday

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