Foreign Trade Updates
On December 10, the National Bureau of Statistics released November price data: CPI rose 0.7% year-on-year (highest since March 2024), core CPI 1.2% year-on-year; PPI increased 0.1% month-on-month (two consecutive months of growth), down 2.2% year-on-year. Drivers include food price shift, seasonal demand, input factors.
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On December 8th, Haikou Meilan Airport Customs supervised Hainan's first international transit "exchange" business—clothing from Milan changed to a Hong Kong-bound flight. This marks a milestone for Hainan Free Trade Port's air cargo transit innovation. The mode optimizes flight combinations, cuts costs. Customs used customized plans and tech for zero-delay transfer. Future plans include further optimizing supervision to boost the port's gateway role.
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In 2025, the Northern Regional Joint Cooperation Group held a Customs Health Quarantine Post Training Skills Competition and Port Public Health Emergency Preliminary in Harbin. 8 customs units selected 46 athletes, with written and practical tests. 8 teams won awards; Harbin & Dalian Customs advanced to the national final, aiming to enhance team capability and build a biosafety barrier.
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Guangzhou Customs seized 8783 grams of marijuana disguised as packaged dried fruit at Baiyun Airport. The drug was found in transit parcels, and customs reminded that drug-related crimes face criminal responsibility per Chinese laws.
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Recently, 12 Dalian Dayaowan Comprehensive Bonded Zone enterprises applied for destruction of 100 tons expired bonded goods. Dalian Customs launched an intensive ecological destruction mode, saving ~600,000 yuan, marking its official implementation. The mode allows joint applications, one-stop approval, unified destruction by whitelist enterprises, and has an info sharing "order pool" for over 60 enterprises.
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Recently, Chery Automobile exports cars from Wuhu Port via the river-sea one-port linkage unloading model, cutting logistics costs/time. Wuhu also uses multimodal transport (China-Europe/Central Asia trains), with car exports up 22.9% Jan-Oct this year, supported by optimized customs regulations.
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This article introduces Yantai Port's bonded blending business covering iron ore, copper concentrate and gold concentrate. Supported by customs policies, it moves mixing to the port, reducing costs for steel mills, upgrading the port, and enhancing China's global mineral supply chain influence.
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Shanghai Customs reports the "Qiankai Shanghai" route has over 5.35 billion yuan in import/export value (197k tons) since launch, cutting sea freight time to 23 days (saving 20%+ logistics costs), offering fruit green channels, and boosting Chinese car exports to Peru (5948 units by Nov).
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On Dec 6, the first "Cherry Express" carried Chilean cherries to Guangzhou Nansha Port (first sea-freight batch for 2025-2026 southern hemisphere season in China). Variety Santina, sea freight cheaper/larger capacity than air. Nansha Customs has clearance plans, Nansha is China's largest cherry import port; 19 ships/over 10k containers expected this season, peak around festivals.
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The Asian Development Bank (ADB) released its 2025 Asian Development Outlook on Dec 10, raising China's 2025 economic growth forecast by 0.1 percentage points. It also predicts Asia Pacific developing economies' 2025 growth at 5.1%, higher than September's 4.8% forecast, citing the region's stable fundamentals amid global trade uncertainty.
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China's trade surplus exceeded $1 trillion in the first 11 months of 2025 despite US tariff pressure. It offset US export decline via diversified markets (EU, Southeast Asia, Africa), consolidating its manufacturing powerhouse status. Morgan Stanley predicts its global export share will rise, impacting the global manufacturing landscape.
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Vice Minister Sheng Qiuping emphasized retail as a key focus for the 15th Five-Year Plan’s domestic demand system and circulation at Beijing’s National Retail Industry Innovation Conference (Dec 9-10). He noted needs for online-offline integration, network layout, and highlighted MoC’s pilot projects and retail performance since the 14th Five-Year Plan.
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