Foreign Trade Updates
Chinese Ambassador to the US Xie Feng attended the China-US Economic and Trade Cooperation Forum on Dec 4, stating two background plates for China-US economic and trade relations and proposing three cooperation suggestions. Over 100 representatives from Chinese and American business communities attended the forum in Washington D.C.
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At Luoyang Longding Aluminum (world's 2nd largest double zero foil maker), double zero foil is produced/exported to markets like South Korea. RCEP tariff cuts enhance competitiveness. Luoyang Customs supports enterprises via policy interpretation, bonded schemes. Jan-Oct this year, Luoyang's copper & aluminum processing trade imports/exports rose 6.1x, double zero foil exports up 36.7%.
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On Dec 2, 2025, Korea Trade Commission initiated a second sunset review of anti-dumping measures against Chinese H-sections (height ≥80mm, symmetrical). Stakeholders must register within 3 weeks; prior actions include 2014 investigation and 2015 duties.
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On Nov 20, 2025, Korea Trade Commission finalized anti-dumping mid-term review on China-origin PET film, recommending adjusted duties: 7.31% for Kanghui New Material & affiliates, 36.98% for Tianjin Wanhua. Involved tax codes: 3920.62.0000, 3920.69.0000. Reviewed past investigations since 2007.
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The 2025 National WTO Work Conference was held in Beijing on Dec 3-4, summarizing past achievements, analyzing new situations, planning 15th Five-Year Plan WTO goals, deploying 2026 tasks, and emphasizing China's role in promoting multilateralism and WTO reform.
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Xinhua reported on Dec 4 that China-France bilateral trade (Jan-Oct) reached $68.75b (up 4.1%), two-way investment exceeded $27b. The 7th China-France Entrepreneurs Committee meeting was held in Beijing, with a bilateral investment MoU signed. Both sides will deepen practical economic and trade cooperation.
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On December 4th, the first meeting of the China Ecuador Free Trade Commission was held via video conference. Both sides summarized the agreement's good implementation, adopted procedural rules, and exchanged views on goods trade, rules of origin, etc. The agreement was signed in May 2023 and took effect in May 2024.
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Ningbo Airport Customs launched Zhejiang's first "airside direct access" supervision mode, enabling a batch of optocouplers from Xi'an to be exported to Budapest efficiently. This mode improves clearance efficiency by over 80%, reduces logistics costs by ~30%, solves traditional model issues, and enhances Ningbo Airport's competitiveness.
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Ningbo's automobile exports grew significantly during the 14th Five-Year Plan, with Zhejiang Zhongda Yuantong transforming from used to new car exports. New energy vehicles are a core driver; the port's exports reached 32.54b yuan (Jan-Oct 2025), up 59.8%. The company targets 50,000 annual exports in the 15th Five-Year Plan.
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Recently, Zhejiang's Guo Bin koi farm in Ningbo Haishu exported 200 high-quality koi to Malaysia for the first time. Haishu Customs provided customized assistance (one enterprise one policy, green channel) to solve export pain points (quarantine, transportation) and ensure smooth customs clearance.
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Shuikou Customs seized 2 batches of silver particles (total 5kg, 99.8% silver) from two outbound passengers in travel inspection; transferred to anti-smuggling for further disposal.
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Friendship Customs seized two Qing Dynasty Qingshi Lions (general cultural relics prohibited from export) via cross-border e-commerce transfer channels. Customs reminded that cultural relics export requires approval and permit, with smuggling facing criminal or administrative penalties.
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