Foreign Trade Updates
In October, China's national economy maintained stable development with steady industrial production growth and accelerated new quality productivity cultivation. Industrial, investment and foreign trade structure optimization supports high-quality development, despite transition pains, with positive momentum for future goals.
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At the CIIE, characteristic products from least developed countries (LDCs) gained attention. China will implement 100% zero tariff for LDCs from Dec 1, 2024, and supports them via open platforms like CIIE (with a special zone this year) to boost trade, mutual benefit, and their development. China's openness index rose nearly 30% from 1990-2024, expanding against global trends.
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On November 13, 2025, President Xi Jinping and Comorian President Azali exchanged congratulatory messages to mark the 50th anniversary of China-Comoros diplomatic ties. Both sides reviewed their steady bilateral relationship, fruitful cooperation, and expressed willingness to deepen partnership and advance the China-Africa community of shared future.
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Li Qiang noted China-Spain bilateral relations have developed healthily with fruitful cooperation. Both sides will strengthen development strategy alignment, deepen cooperation in trade, green energy, AI etc., promote cultural exchanges and third-party market exploration. Spain adheres to One China policy, marking 20th anniversary of comprehensive strategic partnership this year, willing to advance EU-China relations.
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China's opening up (via CIIE and Hainan Free Trade Port) is key to its modernization, bringing mutual benefit to the world. It features a large market, tech innovation, and stable governance, driving global development and cooperation.
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The State Council executive meeting deployed measures to expand green trade, emphasizing its role in promoting trade optimization, achieving carbon peak/neutrality, and building a trade power. It focuses on policy system coordination, enhancing SME green capabilities, global standards, and integrating green concepts into trade nation construction.
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On Nov 11, Chinese Commerce Minister Wang Wentao met with Spanish Economy Minister Querbo. They discussed China-Spain/Europe economic and trade relations, the Anshi Semiconductor issue (Dutch improper intervention disrupting global supply chain), Spain's interest in the Chinese market (pork companies), and Spain's willingness to communicate with the Netherlands on the semiconductor matter.
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China and Thailand have maintained healthy relations for 50 years with mutual respect and trust. High-level exchanges boost strategic mutual trust; China is Thailand’s largest trading partner (12 consecutive years), with the China-Thailand Railway as a Belt and Road flagship project. Cultural exchanges strengthen people-to-people ties, and their comprehensive strategic partnership is at its best. Both aim to deepen cooperation for a shared future community.
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In Jan-Aug 2025, China surpasses the US to become Germany's largest trading partner (163.4b euros vs 162.8b). This reflects global trade pattern adjustment, driven by US tariffs on EU exports, China's stable market & opening-up, Germany's trade structure shift, and its domestic economic challenges. China-Germany complementarity in high-end manufacturing/green tech offers future cooperation potential.
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On Nov 7, 2025, the Belt and Road Trade and Investment Forum was held in Beijing, attended by 400+ reps from 44 countries. Ren Hongbin (CCPIT) highlighted business's role; key stats: China-co built trade 1.737T yuan (Jan-Sept, +6.2%), non-financial investment 215B yuan (+24.7%), China-Europe trains over 110k. Forum had signing, supply chain expo promotions, etc.
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On November 11, Chinese Foreign Ministry spokesperson Lin Jian urged the EU to provide a fair, transparent and non-discriminatory business environment for Chinese companies (including Huawei and ZTE), opposing the EU's reported plan to exclude them from telecom networks without legal basis, which violates market principles and harms both sides.
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Lhasa Customs stats show Tibet's 7 cities' characteristic products (cordyceps, saffron, etc.) exported over 30M yuan in first three quarters. Customs issued 12 measures, optimized clearance (20% time reduction), and strengthened quality safeguards to boost "Tibetan brand" global presence.
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On Nov 6, 93.8 tons of Chilean fresh cherries were quickly inspected and released by Shenzhen Bao'an Airport Customs, kicking off the import peak season. Customs optimized services like 7×24 clearance to ensure freshness. In Jan-Oct this year, 3740.32 tons of fruits worth ~185 million yuan were imported via Shenzhen Airport port.
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Rongcheng enters oyster harvest season; farmers harvest, enterprises process for export. Qingdao Customs' Rongcheng branch offers precise services (green channel, etc.). Jan-Oct export 674.5 tons, up 13.4% YoY.
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In 2025 Double 11 period, Kunming Comprehensive Bonded Zone’s cross-border e-commerce (CBE) warehouse is busy sorting goods. Yunnan Zhengmai Supply Chain docked with platforms like Xiaohongshu, promoting via media/live broadcasts. Kunming Post Office Customs offered facilitation (advance declaration, electronic payment) to boost clearance; CBE imports/exports hit 650k items (29.34m yuan, up 53%/16% YoY). It also innovated "China-Laos Railway+CBE" mode, supervising over 1400 CBE goods via the railway since Oct 15.
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On Nov 7, 2025, Türkiye's Ministry of Trade issued Announcement 2025/36 on final anti-dumping review of 27 types of filament fabrics and synthetic/man-made staple fabrics: some Italian, Dutch, Austrian, Portuguese enterprises had no circumvention (per 2024/8), so no duties; anti-dumping duty imposed on Italian firm Tessitura Uboldi Luigi S.R.L. It also reviews relevant past anti-dumping probes/reviews.
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Beijing, November 10th (Reporter Lin Lili) The State Administration for Market Regulation issued a notice to accelerate the "three same" (same line, same standard, same quality) method for domestic and foreign trade products. It encourages enterprises to develop such products (self-evaluation allowed except special foods), provides technical assistance via certification bodies, and strengthens government policy support to assist enterprises in high-quality development.
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On the 10th Paris Agreement anniversary and 5th China dual carbon goals anniversary, the "Photovoltaic Empowering Global Green Low-carbon Transformation" conference was held in Beijing, releasing the 2025 China PV Construction Progress Report. It outlines China's PV achievements (1.1B kW installed capacity as of June 2025, 223M new Jan-Jul), development pattern ("gather west, disperse east"), "photovoltaic+" modes, and its role as a global energy transformation driver with a replicable Chinese solution.
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On November 10, 2025, China's Ministry of Transport announced to suspend the implementation of three related announcements (on US ships' port fees, implementation measures, and industry impact investigation) simultaneously with the US from 13:01 that day, following the 2025 Kuala Lumpur Economic and Trade Consultation consensus and State Council approval.
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On November 10, a MOFCOM spokesperson stated the US suspending 301 investigation measures on China's shipbuilding and other industries is an important step to implement the Kuala Lumpur Economic and Trade Consultation Consensus. China also suspended relevant countermeasures, and both sides are willing to communicate to maintain fair competition in shipping/shipbuilding markets and inject stability into China-US economic and trade cooperation and the world economy.
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