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Economic Observer reporter Zhang Rui Since the General Administration of Customs released foreign trade data for July this year, a number of market research reports have pointed out that China's export momentum is beginning to show signs of slowing down and uncertainty factors in overseas markets are increasing.

From August 13 to 15, many foreign trade company representatives from the fields of clothing, motors, lithium batteries, etc. told the Economic Observer that they have recently felt the pressure of export orders in the second half of the year, but their companies are very motivated to explore new businesses and new channels.

Liu Xiaoman, the second-generation successor of an audio products company, is one of the interviewees. She told the Economic Observer that despite the difficult environment, her company's overall performance in the first half of this year still achieved a 30% year-on-year growth, which to a certain extent made them more confident in going abroad to participate in exhibitions to find new opportunities and develop cross-border e-commerce business.

At the same time, new changes are also emerging. A person in charge of a specialized and innovative company in the lithium battery field told the Economic Observer that while orders declined in the second half of the year, his European and American customers asked for "delivery outside of China, starting in June, and it will be a hard requirement next year."

On August 15, at the press conference of the State Council Information Office to introduce the graphic record of the national economic operation in July 2024, Liu Aihua, spokesperson of the National Bureau of Statistics, responded to the foreign trade trend in the second half of the year and said that in the next stage, despite profound changes in the international environment, the rise of trade protectionism, and many external uncertainties, my country has the advantages of a super-large-scale market and a complete industrial system and strong innovative supply advantages. Under the guidance of high-level opening-up policies, the advantages of foreign trade entities' strong vitality and strong growth resilience continue to emerge, and the resilience and competitiveness of foreign trade continue to consolidate and strengthen, which will play a positive role in consolidating and enhancing the upward trend of the economy.