(ECNS) -- Trade between China and ASEAN surged 18.2% year-on-year to 4.34 trillion yuan ($598 billion) in the first half of 2026, customs data showed, driven by deepening supply chain integration.
Growth accelerated in the second quarter, jumping 20.2% to 2.37 trillion yuan and marking the tenth consecutive quarter of expansion for the trading partners.
A tighter regional manufacturing network fueled the trade boom, with intermediate goods—such as parts and raw materials—surging 24.5% to 2.86 trillion yuan, accounting for two-thirds of total bilateral trade.
To power Southeast Asian factories amid energy market volatility, China's electricity exports to the bloc also jumped 42.9% to 2.39 billion kilowatt-hours.
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