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On Feb 23, 2026, South Korea's final anti-dumping ruling on China's hot-rolled coils reached a price commitment agreement with China. Both sides welcome it, believing it benefits their industries, enhances trade stability, reflects mutual respect, and shows support for WTO rules and multilateralism.
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German Chancellor will visit China Feb 25-26, leading a high-level economic delegation. Sino-German economic and trade cooperation has deepened over 50 years (trade >200B USD, investment >65B USD). Both sides will advance cooperation in traditional and emerging fields via China's 15th Five-Year Plan opportunities.
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On Feb 20 ET, US Supreme Court ruled US gov't's tariffs (including fentanyl tariffs) under IEEPA illegal. China's Ministry of Commerce noted the ruling, is evaluating it, opposes US unilateral tariffs (violating rules/domestic laws), urges US to lift them, will monitor US's alternative measures and safeguard its interests.
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The US Supreme Court ruled the International Emergency Economic Powers Act doesn’t authorize presidential large-scale tariffs, but Trump imposed 15% tariffs on all regions, increasing global trade uncertainty. Major partners like EU, Japan, Canada reacted; US businesses demand $175B+ tariff refunds, with experts warning chaos without congressional action.
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At 2026 North American Int'l Toy Fair, US toy industry insiders complain tariffs squeeze profit margins, hurting American businesses/consumers. Tariffs (≈20% now vs exemption last year) raise toy prices, cause K-shaped market differentiation. Studies show 90%+ tariff costs borne by US consumers/businesses.
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The State Administration for Market Regulation and Ministry of Commerce issued a notice to strengthen cross-border e-commerce retail imported food recall supervision, clarifying e-commerce enterprises' main responsibility, requiring entrusted domestic firms to recall, platforms to urge compliance, and penalizing non-compliance with credit management to ensure consumer safety.
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The State Council executive meeting on Feb 6 studied measures to promote effective investment, aiming to stabilize 2026 investment amid 2025's 3.8% fixed asset investment decline, with measures including policy tools, SOE/private investment support and 15th Five-Year Plan-aligned projects.
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On Feb 10, 2026, Wang Yi attended the first 2026 APEC high-level meeting in Guangzhou, focusing on "Building Asia Pacific Community & Promoting Common Prosperity" and "Openness, Innovation, Cooperation". It launches APEC's "Year of China" with Shenzhen as a key venue, emphasizing APEC's role amid global uncertainties and China's commitment to deeper Asia Pacific cooperation.
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China signals willingness and ability to be a global market amid global economic recovery challenges and trade protectionism. Its super large market (1.4B+ population, 400M+ middle-income group) fuels demand, while openness (CIIE, FTZs, BRI) delivers global opportunities, acting as a world economy stabilizer.
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On February 6, Wang Wentao (China's Commerce Minister) and Parks Tao (South Africa's Trade Minister) co-chaired the 9th China-South Africa Joint Economic and Trade Commission meeting in Beijing, discussing deepening bilateral economic and trade cooperation. They signed an economic partnership framework agreement and issued a joint statement.
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By 2025, China-Central Asia trade exceeds $100 billion, with China as their largest trading partner. Political mutual trust and complementary needs form the foundation. Chinese solutions fit Central Asia’s independent sustainable development, while future opportunities include green transformation, digital economy, and tailored cooperation.
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On February 5th, the Ministry of Commerce held a regular press conference. Regarding the US's response to the WTO ruling on China's lawsuit against the US Inflation Reduction Act (acknowledging defeat but accusing the ruling of being wrong), spokesperson He Yadong emphasized the ruling is objective and fair, urging the US to respect and abide by WTO rules.
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On February 5, Chinese Foreign Ministry spokesperson Lin Jian opposed the U.S.'s "Key Mineral Alliance", stating that an open and inclusive international trade environment and global key mineral supply chain stability are in all countries' interests, and rejecting "small circle" disruptions to the economic and trade order.
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Zhengzhou Customs issues FTA origin certificates to Henan enterprises, delivering tariff benefits (1.47B yuan savings last year) and boosting "Made in Henan" exports to Belt and Road countries. It will promote policy implementation and visa facilitation next.
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Goldman Sachs Chairman David Su (Su Dewei) expresses optimism about China's economy, citing 2025 growth target achievement, consumption as core driver, expected foreign investment rebound, long-term firm investment in China, and capital market opening-up attracting global capital.
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On January 30th local time in Geneva, the WTO expert group ruled US clean energy subsidy measures in the Inflation Reduction Act violated WTO rules, rejected US defense, demanded cancellation. China welcomes the fair ruling, hopes US respects it and corrects practices to maintain trade order.
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Recently, multiple foreign leaders visited China; international organizations and experts praise China's economic resilience, innovation, and openness, highlighting its growing "gravity" in the global economy as a reliable cooperation partner.
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During the 14th Five-Year Plan period, China's economy shifted to high-quality development, contributing around 30% to global growth. It leads in manufacturing, infrastructure, new quality productive forces, green transformation, and improved people's livelihoods, advancing toward Chinese path to modernization.
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The first National Product Digital Passport (DPP) Standardization Working Group is established with 43 experts. Bai Jinlong from Chongqing is the only local representative. DPP breaks cross-border info asymmetry, adapts to green trade rules. EU will integrate battery DPP by 2027, UN builds global framework; China promotes plans in 2025. The group links ISO59000, supporting Chinese enterprises' global integration. Chongqing's institute links SCO platform, boosting regional standard co-construction.
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The 2025 Central Economic Work Conference proposes promoting integration of trade and investment to advance China's open economy high-quality development. It analyzes the evolution of trade-investment relations, China's current status, strategic considerations amid global economic changes, and key tasks for integration to enhance its global value chain position and build a strong trading nation.
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