Bank of America: Benefiting from the global technology cycle upturn, China's exports continue to remain strong.

Bank of America Securities recently released a research report, data shows that China's exports in May increased by 19.4% year-on-year, continuing to exceed market expectations. The import growth rate also remained high, with a year-on-year increase of 27.4% in May. The report predicts that the global semiconductor upturn cycle will remain intact, continuing to support the import and export of high-tech products and intermediate components. The institution maintains a constructive view on China's short-term export prospects.