Exports rose 18.9% over a year earlier to $282.7 billion, decelerating from June's 32.2%
Exporters are grappling with higher freight costs and lingering logistics bottlenecks.
Consumer shares led gains, with Kweichow Moutai Co. and Wuliangye Yibin Co. adding at least 4.5%. In Hong Kong, the Hang Seng Index gained 1.1%.
Industrial firms' profits rose 20% year-on-year in June to 791.8 billion yuan ($122.27 billion), data from the National Bureau of Statistics showed on Tuesday, after a 36.4% increase in May.
Momentum slowed as more expensive raw materials weighed on factories
China's exports grew at a much faster than expected pace in June as solid global demand led by easing lockdown measures and vaccination drives worldwide eclipsed virus outbreaks and port delays
Sporadic restrictions to contain virus outbreaks continue to hamper sentiment.
That climate policies are gaining a more central role in the nation's long-term development strategy.
Growth in China's manufacturing activity softened in June as export demand weakened and producers struggled with supply bottlenecks, a survey showed Wednesday. The monthly purchasing managers' index issued by the national statistics agency and an industry group declined to 50.9 from May's 51.0 on a 100-point scale on which numbers above 50 show activity increasing. Measures of new export orders, production and factory gate prices declined. The latest surveys suggest that growth softened this month, Julian Evans-Pritchard and Sheana Yue of Capital Economics said in a report. Supply shortages continued to hold back output in the manufacturing sector. China's factory output and consumer spending have rebounded to above pre-pandemic levels but export demand is uneven as governments fight outbreaks of the new coronavirus variant. Companies still expect to be cautious, economist Zhang Liqun said in a statement issued by the China Federation of Logistics & Purchasing along with the PMI .
Chinese brands are hot with most shoppers and have spurred billions of dollars in investment, as consumers increasingly make patriotic choices amid a growing backlash against foreign brands
His suggested policies benefited China hugely
Guangdong, China's main manufacturing hub, has been left in the throes of an electricity shortage following scarce rain and rising coal prices, casting uncertainty over 10% of its economic output
Industrial production grew 8.8% in May from a year ago, slower than the 9.8% uptick in April
Blacklisted individuals could find their relatives, and the organisations of which they are senior managers or have control over placed on the list.
China's May factory gate prices rose at their fastest annual pace in over 12 years
While corporate executives say business has rebounded, they also say there's a way to go before confidence is fully restored.
The country's official manufacturing purchasing managers' index (PMI) fell to 51.1 in April from 51.9 in March
China was one of the few major economies to eke out growth
Retail sales beat expectations while industrial output growth moderated
The U.S. and India will be the second and third-biggest contributors to global growth in the period, according to the IMF, with Japan and Germany rounding out the top five