Based on the export data in May, the impact of the European debt crisis on China's exports is less than expected, indicating that China's export recovery is better than market expectations, but the future foreign trade situation is still not optimistic.

    In May, China's foreign trade exports reached 131.76 billion US dollars, an increase of 48.5%, 18.1 percentage points faster than the previous month, and the strong growth rate hit a new high since March 2007. Analysts pointed out that in May, China's
The high growth of foreign trade exports benefited from factors such as a low base last year, as well as the recovery of external demand driven by the world economic recovery. Experts predict that China's foreign trade will grow steadily this year.

    According to customs statistics, in the first five months, China's total import and export value was 1.10009 trillion US dollars, an increase of 44% over the same period last year. Among them, exports were 567.74 billion US dollars, an increase of 33.2%; imports were 532.35 billion US dollars, an increase of 57.5%; trade surplus was 35.39 billion US dollars, a decrease of 59.9%.