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China’s trade growth accelerates as AI technology expands, exports to the US up 34.4%

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(260509) -- BEIJING, May 9, 2026 (Xinhua) -- An aerial drone photo taken on May 9, 2026 shows a China-Europe freight train bound for Hamburg, Germany departing from Putian Railway Station in Zhengzhou, central China's Henan Province. The China-Europe Railway Express has made 130,000 trips by Saturday, marked by the departure of a freight train from Zhengzhou, capital of central China's Henan Province, bound for Hamburg, Germany, at 10 a.m. local time. Total cargo value has exceeded 520 billion U.S. dollars, according to the China State Railway Group Co., Ltd. Currently, 129 Chinese cities operate China-Europe Railway Express services, connecting 235 cities in 26 European countries and more than 100 cities in 11 Asian nations, covering most of Eurasia. (Xinhua/Li Jianan)

Kathmandu. China’s imports and exports have increased significantly in August.

With the expansion of artificial intelligence (AI) technology around the world, demand for technology products such as semiconductors and computing hardware has increased.TAG_OPEN_div_27

According to the General Administration of TAG_OPEN_div_25 Customs, China’s exports increased by 25 percent in August. In July, it increased by 23.9 percent. Imports also increased by 28.2 percent. This is up from 27.5 percent in July.

} Strong external trade has become an important foundation for China’s economy at a time when domestic economic activity has slowed. From January to August, the value of exports of computers and related goods rose 49.4 percent, customs data showed.

Zhiwei Zhang, president and chief economist at Pinpoint Asset Management, said China continues to rely on exports to support the economy. But he noted that the growing trade surplus with major trading partners is becoming a political issue.TAG_OPEN_div_21

China’TAG_OPEN_div_19 s exports to the U.S. rose 34.4 percent in August. In July, it grew by 17 percent. The trade data comes ahead of an expected summit between U.S. President Donald Trump and Chinese President Xi Jinping later this month.

Tensions in U.S.-China trade relations escalated last year after the Trump administration imposed massive tariffs. The high tariffs imposed by the two countries on each other’s products were temporarily eased late last year after China limited supplies of rare earth minerals.TAG_OPEN_div_17

China achieved a record trade surplus of $110 trillion last year, despite fluctuations in global trade. Export growth to the European Union (EU), Southeast Asia, and Africa helped offset the impact of the decline in exports to the United States.TAG_OPEN_div_15

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