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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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The Ministry of Commerce issued "Implementation Opinions on Expanding Green Trade" with 16 measures to enhance foreign trade enterprises' low-carbon capabilities, expand green product/technology trade, and support green trade development. China's green product exports grow strongly, and relevant departments collaborate to promote green trade and align with global standards.
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Recently, IMF released its latest World Economic Outlook report, noting the global economy had a resilient H1 start but is now showing a moderate long-term slowdown as supporting factors fade. The report predicts 2025 global growth at 3.2%, 2026 at 3.1%, with key risks including policy uncertainty, trade protectionism, AI industry volatility, and labor supply issues. It also gives policy suggestions like clear trade roadmaps, fiscal consolidation, and structural reforms.
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The US announced suspending export control penetration rules for one year (Nov 10, 2025 - Nov 9, 2026). China notes this as an implementation of the China-US Kuala Lumpur Economic and Trade Consultation Consensus. Both sides will discuss post-suspension arrangements. China is willing to strengthen dialogue with the US under mutual respect to promote cooperation and global industrial/supply chain stability.
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Bloomberg reports Mexico's tariff plan on China (up to 50% on cars, parts etc) postponed again, to be reviewed in Congress earliest Dec. Reasons include Mexican business/ruling party opposition, technical issues, harm to poor Mexicans. China opposes, will safeguard rights; analysts link plan to US pressure.
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China's State Council announced 13 targeted measures to promote private investment, focusing on expanding access, breaking bottlenecks, and strengthening guarantees. These aim to stimulate vitality, boost confidence, and support high-quality economic development, with experts emphasizing their role in unleashing domestic demand potential.
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On November 4, 2025, China's Ministry of Commerce held the launch ceremony of the "Sharing the Big Market & Exporting to China" series at Shanghai World Reception Hall. Minister Wang Wentao attended and spoke, stating the activities are for expanding opening-up and balanced trade. Global business representatives also spoke, with about 300 people participating.
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On Nov 9, the first China Egypt Investment Forum was held in Cairo. Attendees discussed deepening China-Egypt economic cooperation, covering traditional/emerging sectors (new energy, digital economy). Egypt noted China as its largest trading partner, set up a Chinese investment special team, and a joint working group meeting was held.
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This article introduces the 8-year spillover effects of the China International Import Expo (CIIE), analyzed from three dimensions (length, depth, breadth), covering exhibitors' continuous participation, China's high-level opening-up measures and multi-field impacts.
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This year, ultra-long-term special treasury bonds support trade-in consumer goods and equipment renewal, driving steady consumption growth (total retail sales up 4.5% YoY in Jan-Sep) and investment. Double 11 promotions boost big-ticket purchases, while equipment updates enhance industrial efficiency. Policies aim to expand domestic demand with positive results in stabilizing growth and benefiting livelihoods.
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The 8th China International Import Expo (CIIE) showcases China's economic vitality, high-level opening-up, and booming market. It attracts record exhibitors/area, with data on consumption, domestic demand, and global enterprises' participation, highlighting China's commitment to openness and dual circulation.
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China's Ministry of Commerce responds to EU Trade Commissioner Shevchenko's statement on Ansea Semiconductor, noting the Netherlands is responsible for global semiconductor supply chain chaos, calling on the EU to urge the Netherlands to revoke relevant measures, and stating China has exempted compliant civilian exports.
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On November 5, during the 8th China International Import Expo, Ling Ji hosted a roundtable for foreign-funded enterprises in Shanghai. Over 30 foreign firms and associations attended. Policies on the 15th Five-Year Plan's high-level opening-up and stabilizing foreign investment were interpreted. Ling emphasized China's commitment to opening-up, fair market. Foreign enterprises see bright prospects and plan long-term investment in China.
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