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On December 4, a spokesperson for China's Ministry of Commerce stated the EU's decision to terminate its WTO dispute case against China is the right choice, noting the EU lacked basis for initiating the case. China strictly adheres to WTO rules and will continue to uphold the rules-based multilateral trading system.
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On Dec 4, China's Commerce Ministry spokesperson He Yadong said if Japan persists in unilateral actions (including erroneous Taiwan-related remarks), China will take necessary measures. He noted Japan bears responsibility for harming China-Japan ties, emphasized China's open policy, huge market potential, and welcomes foreign (including Japanese) investment.
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The 8th China International Import Expo (CIIE) is held in Shanghai from November 5 to 10. Shanghai prepares with spillover linkage projects (policy package, tourism, shopping), customs clearance measures, tax services, and city beautification/police facilitation for global participants.
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Five directly affiliated customs in the Yangtze River Delta implement the "Smart+Yangtze River Delta" brand matrix, innovating supervision/services to boost high-quality integrated development. In 2025 Jan-Oct, the region’s import/export reached 14tr yuan (up 6% YoY, 37.5% of national total), supported by smart logistics, industrial synergy, and efficient clearance.
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On December 1, 2025, Taicang Customs supervised CCTV broadcasting vehicles shipped from Taicang Port to Milan/Cortina for 2026 Winter Olympics, using ATA Carnet for efficient clearance to produce UHD signals, showcasing Chinese media tech.
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In 2025, China's economy maintains stable growth amid complex global environment—GDP expected to hit 140 trillion yuan, innovation (quantum tech, aerospace) drives new growth, foreign investment increases, high-quality development solidifies, supporting global economy.
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At the 2025 Forum from the Capital in Guangzhou, speakers discussed world economic trends amid trade and tariff conflicts, covering anti-globalization impacts, China’s free trade stance, China-South America cooperation (lithium, tech), global governance reform, and WTO repair to restore multilateral authority.
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UNCTAD released its 2025 Trade and Development Report on Dec 2, noting financial volatility and geopolitical uncertainty pressure global trade/investment. Global growth slows to 2.6% in 2025; developing economies grow 4.3% but face higher financing costs. UNCTAD proposes reforms to reduce financial fragility and strengthen trade-finance synergy.
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On the WTO's 30th anniversary, the multilateral trading system faces protectionism challenges. Global trade shows resilience via open cooperation, refactoring with developing economies and digital trade growth. China upholds multilateralism to promote stable global economic cooperation.
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Chinese economy shows steady growth (5.2% YoY in first three quarters, ~140t yuan expected), with surging innovation (new quality productivity, AI, green energy) and broad openness. The 15th Five Year Plan proposal highlights dual carbon and new quality productivity, drawing international attention and optimism from institutions like Goldman Sachs. China’s innovation ecosystem and open cooperation fuel its high-quality development and global growth.
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The article discusses achieving the organic unity of "letting go" and "managing well" to accelerate building a high-level socialist market economy system under the 15th Five-Year Plan, covering market allocation, macroeconomic governance, and stimulating business entities' vitality.
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On Dec 2nd, the 10th plenary session of the Inter Ministerial Joint Conference on Pilot Free Trade Zone was held in Beijing. It conveyed Xi Jinping's instructions, implemented 20th CPC Congress spirit, promoted the upgrading strategy, greater institutional opening-up and innovation. Wang Wentao presided, emphasizing 15th Five-Year Plan significance and four key aspects for high-quality development.
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On Nov 28 local time, WTO released 2025 Goods Trade Barometer: goods trade surged H1 2025 but slowed H2; all component indices except agricultural raw materials (in contraction since start of year) above benchmark. The barometer (predicting 2-3 months trade trend) is still above benchmark, indicating Q4 trade volume growth may slow but remain above trend level.
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At WTO's Dec 2 trade policy review, China called on members to fulfill trade measure reporting obligations. WTO DG Ivica noted 80-year severe global trade turbulence but resilience. China criticized US's delayed reporting; EU supported WTO's transparency efforts. The annual report showed import measures coverage reached $2.64T (11.1% of global imports).
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The article focuses on China-ASEAN cooperation via the CAFTA 3.0 Protocol, covering digital economy (payments, AI), supply chain connectivity, and SME support (grass fruit, durian), aiming to boost regional integration and shared prosperity.
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The article discusses the 20th CPC Central Committee Third Plenary Session's plan to deepen reform for Chinese path to modernization, focusing on the Guangdong-Hong Kong-Macao Greater Bay Area's strategic role, high-level opening up measures (customs innovations, visa policies, trade growth), and China's commitment to wider opening-up.
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This interview with Sun Meijun (General Administration of Customs) discusses customs' contributions to high quality development and high level opening up, covering coordinating development & security, enhancing clearance facilitation, promoting trade innovation, aligning with international rules, and Hainan Free Trade Port's full island closure preparation.
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In Oct, Zhoushan Port's bulk commodity import exceeded 16 million tons; China's first bulk commodity resource allocation hub in Zhejiang is advancing; Jan-Oct import ~150 million tons (7.1% of national total); Hangzhou Customs optimized regulation to boost efficiency.
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Customs enterprise registration and filing archives have evolved from physical paper to digital/intelligent over a decade, reflecting the "streamlining administration, delegating powers, improving services" reform, enabling smart customs and better business environment. Examples include Weihai Customs and a company's fast smart registration, with future plans for further intelligent application.
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Shenzhen Customs provided emergency clearance for rescue supplies (drones, blankets, etc.) to Hong Kong's Tai Po fire site via dedicated channels and 7×24 mechanism, aiding affected compatriots from Nov 27 to 30.
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