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China’s chip exports nearly double in Jan-Jul; ‘New new three’ products to fuel continued export growth_我的网站

一 |     中新网北京8月26日电 (记者 郭超凯)中国财政部副部长林泽昌25日在北京表示，今年以来一般公共预算收入平稳增长，主要是上半年国内生产总值同比增长4.7%，为财政增收奠定基础。    

    Workers produce electronic components for exports at a factory in Xinle, North China's Hebei Province, on June 16, 2026. Photo: VCG
China's exports of integrated circuits (ICs) reached $216.02 billion in the first seven months of 2026, up 99.5 percent year-on-year, according to data released by the General Administration of Customs (GAC) on Friday. 
Chinese experts said that rising global artificial intelligence (AI) demand is a factor, but the main drivers of the leap in chip exports are the country's technological breakthroughs and upgraded industrial chain.
The robust growth in IC exports also came as China's overall foreign trade saw stable expansion. According to data released by the GAC, the sound upward trend in China's foreign trade continued in July, with growth of 19.2 percent year-on-year to reach 4.66 trillion yuan ($686.26 billion), remaining above 4 trillion yuan for the fifth consecutive month. 
In the first seven months of the year, total foreign trade in goods amounted to 30.13 trillion yuan, up 17.3 percent year-on-year, the data showed.
"Since the start of this year, China's economy has forged ahead against headwinds and moved toward innovation-driven, higher-quality development, providing strong underpinning for the growth of foreign trade," said Lü Daliang, an official with the GAC.
According to the GAC, China's exports of electromechanical products reached 11.12 trillion yuan between January and July, up 21.2 percent year-on-year. They accounted for 63.8 percent of the country's total exports, up 3.8 percentage points on a yearly basis.
There was notable progress in green and low-carbon products, with exports of electric vehicles (EVs) and lithium batteries rising by 71.2 percent and 35.8 percent, respectively, while exports of 3D printers soared by 110 percent, with industrial robots jumping 13.2 percent and ships 32.7 percent.
"The surge in China's chip exports reflects breakthroughs in multiple aspects," Fu Liang, a Beijing-based tech analyst, told the Global Times on Friday. Fu pointed to a rise in mature-node capacity, industrial and supply chain resilience, and scale production advantages of Chinese companies.
As demand for chips in automotive electronics, industrial control systems, and household appliances keeps rising, China-made mature-process chips - backed by reliable supply capability and strong cost-performance - have become an indispensable link in the global supply chain, Fu said.
Meanwhile, there has been an upgrade in China's chipmaking industry, such as the new chip design approach at Huawei based on the company's Tau Scaling Law, and the international competitiveness of China-made chips is expected to increase, supporting further growth in exports, the expert noted.
China recently issued a revised regulation on protection of IC layout-designs. Scheduled to take effect on October 15 this year, the regulation aims to strengthen the protection and application of layout-designs, and improve registration and management systems by elevating proven practices into regulations, while also aligning with relevant laws and international treaties.
These institutional upgrades are unfolding alongside broader efforts to expand domestic demand and open the Chinese market wider to the world. China has also accelerated imports in the first seven months of this year to promote a more balanced development of foreign trade. China has remained the world's second-largest import market for 17 consecutive years. In the first seven months of 2026, China's import growth outpaced export growth by 8 percentage points, according to the GAC. 
In addition, China's imports and exports with over 180 countries and regions registered growth over the period. Specifically, the country's trade with ASEAN, the EU, Latin America, and Africa rose by 20 percent, 9.5 percent, 15.4 percent, and 18.9 percent year-on-year, respectively. Trade with the US, however, fell by 1.6 percent, with the decline narrowing by 2 percentage points compared with the first half of the year, according to the GAC.
Amid a complex external environment, China has leveraged its complete industrial chain to accelerate trade structure upgrading, driving brisk growth in both imports and exports, Wen Bin, chief economist of China Minsheng Bank, told the Global Times.
Although China's foreign trade sector still faces pressure in the second half of the year, Wen said the same fundamentals are still supporting China's export growth: the competitiveness of China's "new new three" products, the ongoing AI investment cycle, plus a raft of domestic risk-mitigation policies covering forex, fiscal and customs.
"China's export sector is projected to hold onto double-digit growth in the second half of the year," he said.
。         　　受国务院委托，林泽昌25日向十四届全国人大常委会作关于今年以来预算执行情况的报告。

二 |          　　林泽昌表示，今年中国经济呈现动能向新、结构向优的发展态势，高质量发展扎实推进。财政政策更加积极、精准发力，预算执行和财政运行总体平稳。         　　关于一般公共预算执行情况，报告称，工业生产者出厂价格连续5个月上涨，1-7月涨幅为1.8%，价格带动作用明显；货物进出口额快速增长，1-7月进口额增长22%，对进口环节税收贡献较大；资本市场交易活跃，带动印花税收入等涨幅较大。                        　　报告指出，1-7月，全国政府性基金预算收入18219亿元(人民币，下同)，同比下降21.2%；全国国有资本经营预算收入2575亿元，同比增长39.8%，主要是去年下半年提高了中央企业国有资本收益收取比例，以及部分省份也提高了收益收取比例；全国社会保险基金预算收入78657亿元，同比增长8.3%。         　　报告还介绍了落实十四届全国人大四次会议预算决议情况，提出下一步财政重点工作安排：精准有效实施更加积极的财政政策；加快现代化产业体系建设；切实保障和改善民生；加强重点领域风险防范化解；持续深化财政管理改革；强化穿透式财政监管。(完) 【编辑:刘阳禾】。

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