Foreign Trade Updates
Huangdao Customs launches "bonded+" measures including "two warehouses" function stacking to boost bonded fuel oil supply at Qingdao Port. In 2025, 2.025 million tons were supervised, cutting costs, improving efficiency, and supporting Qingdao Port's international shipping hub goals.
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On Feb 27, Jiangxi's first "Animal Health Certificate" for live pigs to Hong Kong was issued via cloud mode by Ji'an Customs. It simplifies the past complicated process with online declaration, 7×24 intelligent review, cutting visa time by over 70%. Future plans focus on optimizing smart services to stabilize pig supply chains to Hong Kong & Macao.
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Guangzhou Customs seized 19903.82 grams of ketamine (K-powder) at the airport port, the case transferred to anti-smuggling department. Customs reminds smuggling drugs is criminally liable per Chinese laws.
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Ningbo Customs established a green channel for spring plowing agricultural materials after the Year of the Horse Spring Festival, assisting enterprises like Huaken International Trade with fast clearance. It guides paperless operations, with 12 batches of imported agricultural materials (valued 11.373 million yuan) approved in January, up 20% and 30.5% year-on-year. Post-holiday, it prioritizes spring plowing preparation with appointment clearance and priority review.
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Since early 2026, Yantai (Shandong) poultry meat export enterprises have a strong start with growing overseas orders. Chunxue Food's cooked poultry exports to Europe rose 15% YoY (to 20+ regions); Ronghua Food's orders increased post-Spring Festival. Yantai Customs supports via strict process control and efficient inspection modes for timely clearance.
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On Feb 28, Yiwu International Trade City had its first trading day of the Lunar Year of the Horse, completing the first customs declaration for exports to Germany. Customs clearance is convenient, with Yiwu Customs ensuring rapid release. This year, Yiwu Customs will promote foreign trade reform to boost Yiwu's foreign trade.
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In Lushan County, Henan, edible mushroom enterprises export products overseas with Pingdingshan Customs' assistance (green channels, standard guidance). This year, exports exceed 7 million yuan to 18 regions. Lushan's 2025 agricultural exports rose 51.5% year-on-year, and customs will keep optimizing services.
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Recently, Qinhuangdao Customs supervised the export of the 115000-ton Afra crude oil tanker "Kaiyi" from Qinhuangdao Port. It implemented special clearance processes covering goods to vessel regulation, with one-stop services and green channels to shorten delivery cycles, supporting the enterprise's ship delivery and increasing orders.
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Post-Spring Festival, Changxing Island Petrochemical Industrial Park is busy. Dalian Changxing Island Customs inspected export hazardous chemicals (including 75 tons maleic anhydride) to ease enterprises' backlog. Customs assigned dedicated staff, accelerated inspection; supervised 32 batches (4160.7 tons) Feb24-28, solving clearance difficulties.
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On International Women's Day, women's self indulgent consumption demand rises. Qingdao Shanming Food launches low sugar/calorie chocolates for young females. Qingdao Customs provides "one enterprise one policy" services for rapid clearance, pushing market regulation info. Since 2026, Qingdao's chocolate exports exceed 900 tons (18% YoY growth).
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On Feb 27, 2025, the State Council held a policy briefing introducing the Commerce Ministry's 2025 foreign trade plans (goods, service, digital trade) combining NPC/CPPCC proposals, with goals like goods trade over 45t yuan, service over 8t yuan, and steps to optimize structure, expand markets, and build a strong trading nation.
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China and Canada adjusted their tariff/anti-discrimination measures following leaders' consensus. Canada adjusted tariffs on Chinese steel/aluminum products; China decided not to impose anti-discrimination tariffs on some Canadian goods from Mar 1, 2026 to Dec 31, 2026, announcing adjustments on Feb 27, 2026. China aims to promote healthy China-Canada economic and trade relations.
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Foreign Ministry spokesperson Mao Ning stated on Feb 26 that the German Chancellor's official visit to China (Feb25-26) was fruitful. It's PM Mertz's first visit since taking office and the first foreign leader received in the Year of the Horse. Both sides issued a joint statement, agreed to strengthen strategic communication, support multilateralism, and deepen practical cooperation (e.g., green transformation), with German entrepreneurs optimistic about China's economy, aiming to inject stability into the turbulent world.
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German Chancellor Mertz concluded his first official visit to China, prioritizing economic and trade cooperation. Accompanied by a high-level German business delegation, he held talks with Chinese counterparts, resulting in over ten commercial agreements. Cooperation expanded to emerging fields like AI and new energy vehicles, reflecting mutual willingness to strengthen bilateral ties.
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On Feb 27, 2026, China’s State Council Tariff Commission announced adjusting tariffs on some Canadian goods (oil residue cakes, peas, lobsters, crab) from March 1 to Dec 31, 2026, per China-Canada leader consensus and relevant laws. No 100% tariff on oil residue cakes/peas; crab faces 25% tariff.
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In January 2026, China had 5306 newly established foreign-invested enterprises (up 25.5% YoY) and actual foreign investment of RMB 92.01 billion (down 5.7% YoY). High-tech industries' foreign investment reached 33.75 billion yuan (up 0.6% YoY, 36.7% of total, +2.3pct YoY). Investment from Germany, Switzerland, Singapore grew 86.6%, 57.4%, 10.9% respectively.
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The EU proposed "Made in Europe" to tackle external competition and internal industrial hollowing, but faces internal divisions and structural problems. Protectionism may not help; open reform is needed for long-term competitiveness.
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Wang Wenshuai (CCPIT) stated that the global economic and trade friction index reached 104 in December 2025; US, EU and India rank top 3, electronics industry leads, and China-related friction index in 19 countries is 106 with US highest.
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The article discusses the dialectical relationship between consumption and investment, emphasizing their positive interaction for China's domestic demand strategy. It notes 2026 economic work prioritizes domestic demand, analyzes the significance, existing room for improvement, and directions to promote a higher-level dynamic balance between the two.
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According to State Administration of Taxation's tax big data analysis, 2025 promoted unified national market. Inter provincial trade sales rose 4.5% YoY (41% of national sales). Key regions had evident radiation effects. Cross provincial trade entities and electronic tax payments grew rapidly.
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