On Nov 17-18, 2025, the 24th SCO Prime Ministers' Meeting was held in Moscow. It praised China's 2024-2025 SCO chairmanship, supported Kyrgyzstan's 2025-2026 tenure, approved cooperation roadmaps, and promoted multi-field cooperation (economy, security, culture, etc.). The next meeting will be in Tajikistan in 2026.

On November 16, Yining Customs Technical Center successfully passed the "two in one" review of CNAS and CMA, covering two sites (Yining, Horgos), 73 categories (2209 parameters, 1147 expanded, +136%). Its self-inspection rates reach >96% for bulk/key commodities and 100% for some key items.

On November 18, the General Administration of Customs announced that all customs supervision preparations for the scheduled smooth closure of Hainan Free Trade Port are basically ready, with software and hardware conditions for customs clearance met.

The article covers how customs (Ningbo, Yangzhou, Shenyang, Shenzhen) use AI tools (Yongzhi AI agent, smart glasses, chatbot, multimodal AI) to boost smart supervision (recycled metals), passenger clearance efficiency, and departure tax rebate services, enhancing efficiency and risk control.

On November 19, foreign ministry spokesman Maoning stated at a regular press conference that China suspended Japanese aquatic products import as Japan failed to provide promised technical materials, and Japanese Prime Minister's wrong Taiwan-related remarks caused Chinese public indignation, making such products have no market in China.

According to the State Administration of Foreign Exchange, this article presents bank foreign exchange settlement/sale (yuan and USD) and customer foreign-related income/payment (yuan and USD) data for October 2025 and January-October 2025.

The State Administration of Foreign Exchange (SAFE) released Oct 2025 forex data; Li Bin answered questions on China's forex market which operated steadily with balanced supply-demand, stable cross-border capital flows, high goods trade fund inflow and narrowed service trade/investment income outflows.

Dai Shangxian (Swiss Center chairman) notes Swiss enterprises accelerate diversified market布局 amid global trade uncertainty, with China market more prominent. Swiss firms have strong China investment意愿, nearly half list China as top 3 investment markets. Sino-Swiss sustainable development/innovation cooperation has potential; Switzerland leads global innovation, China top 10 in 2025. 2025 marks 75th Sino-Swiss diplomatic anniversary. Swiss Center has helped 500+ Swiss firms enter China, participated in CIIE 8 consecutive years, this year's exhibition scale hits record. CIIE is key platform for Swiss firms to enter China market.

On November 17, the 4th China-Germany High-Level Financial Dialogue was co-chaired by Chinese Vice Premier He Lifeng and German Deputy Prime Minister & Finance Minister Klinbeir in Beijing. Both sides reached mutually beneficial consensus, agreeing to strengthen economic, trade and financial cooperation to promote bilateral relations and world economic stability. As the world's 2nd and 3rd largest economies, China and Germany aim to ease trade tensions. The dialogue is one of three high-level cooperation mechanisms between the two countries, held every two years alternately.

The third round of China-Switzerland FTA upgrade negotiations was held in Beijing from Nov 11-14, with in-depth consultations on goods, service trade, investment, etc., making positive progress. The original FTA signed in 2013 took effect in 2014, and upgrade negotiations launched in 2024.

On November 12th, Ling Ji (Deputy Minister of Commerce of China) and Peter Burke (Irish Minister of Enterprise, Tourism and Employment) co-chaired the 14th China-Ireland Economic and Trade Joint Committee in Dublin. Both sides reviewed bilateral economic and trade relations, emphasized complementary advantages, and expressed willingness to deepen cooperation in digital economy, green energy, biomedicine, etc. Ireland welcomes Chinese investment and joint innovation.

The article discusses adhering to the effective market-proactive government combination (proposed in the 15th Five-Year Plan) to deepen economic reform, boost high-quality development, strengthen domestic circulation, build a unified market system, and form a flexible yet well-managed economic order for high-level socialist market economy construction.

According to WTO's G20 trade measures report released on Nov 13, 2025, G20 members' tariff-affected trade volume rose ~4x (mid-Oct 2024 to mid-Oct 2025), a WTO record. Trade promotion measures doubled. Global trade faces 80-year worst impact but shows resilience. Protectionism's influence increases, yet facilitation measures exist. WTO members should reform for stable trade.

China’s 15th Five-Year Plan emphasizes new quality productive forces for high-quality development. International experts praise China’s tech, green energy, and innovation advances, noting its global economic contributions and lessons for developing nations.

IMF spokesperson Julie Kozak said the 43-day US federal government shutdown (ended Nov 12) harms the economy, expecting Q4 growth below 1.9%; shutdown data lack affects IMF's US economy evaluation; CBO estimated 6-week shutdown causes ~$11b losses.

On November 12th, the People's Bank of China and the State Administration of Foreign Exchange held a meeting to study the spirit of the Fourth Plenary Session of the 20th CPC Central Committee. Pan Gongsheng interpreted the plenary spirit and expounded on financial work arrangements for the 15th Five Year Plan period.

Multinational companies view China's 15th Five-Year Plan (focusing on new quality productivity and green development) as offering vast opportunities. Firms like Siemens, Dow, Danfoss and Heraeus plan to deepen cooperation and investment, aligning with China's high-quality development goals.

After 69 years, Canton Fair remains popular; CIIE reaches new transaction high. China's super large market shows "two-way rush" with the world, attracting global exhibitors (over 290 Fortune 500 firms) and foreign investment (newly established enterprises up 16.2% Jan-Sep). It provides global opportunities for growth, with win-win cooperation stories unfolding.

Former UN official Eric Solheim believes global governance initiatives are key to global development, noting the UN needs adaptation. He highlights the initiatives' focus on empowering the global South, UN Security Council reform, sovereign equality, and China's contributions to global green development and tangible results.

On November 12, 2025, the 5th Joint Committee meeting of the China-EAEU Economic & Trade Cooperation Agreement was held in Moscow, co-chaired by Yan Dong and Slepnev. It reviewed implementation, discussed cooperation areas, affirmed achievements, and agreed to promote further cooperation. Relevant reps from both sides attended.