Foreign Trade Updates
Jiangxi officially issued the Action Plan for Accelerating High-Quality Development of Service Trade, proposing 20 measures on institutional opening-up, factor flow, etc., to promote service trade innovation and high-quality construction of inland open economic pilot zone, covering open platforms, RCEP alignment, talent/fund/data flow and key sectors like service outsourcing.
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Recently, CCPIT will organize Chinese entrepreneurs to visit the US in early December at AmCham's invitation. The Busan summit injected stability into China-US relations, with economic and trade cooperation as the ballast. Both business communities interact closely, needing government support to deepen win-win cooperation amid global challenges.
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November 2024 China PMI: Manufacturing PMI 49.2% (slight rebound), Non-manufacturing 49.5% (decline), Composite 49.7% (slight drop). Two 500-billion-yuan policies drive manufacturing recovery.
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64.8 tons of Liaonan apples were successfully exported to Thailand via Dayaowan Customs under Dalian Customs. Customs provides precise services to support Liao brand agricultural products' ASEAN market expansion, with export value to ASEAN up 14% Jan-Oct this year.
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Hangzhou Customs supports Hangzhou's high-quality agricultural products (Qiandao Lake fish head, Qiantang turtle, Fuyang bamboo shoots) to export. Jan-Oct agricultural exports hit 9.79b yuan (17.2% YoY growth). Customs offers green channels, expert guidance, digital services to help these products enter global markets, boosting rural prosperity.
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From Jan-Oct this year, imports/exports via Hong Kong Zhuhai Macao Bridge's Zhuhai Highway Port to HK/Macao hit 90.05b yuan (up 54.4%). Smart supervision, rule alignment, and cross-border e-commerce boost Greater Bay Area integration. Gongbei Customs will deepen smart customs for further development.
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Jiangmen Customs District’s first batch of seasonings via batch inspection (quarantine) mode is Li Jinji (Xinhui)’s soy sauce. This reform boosts export efficiency; Jiangmen exported 11149 seasoning batches (1.351b yuan) Jan-Oct this year. Xinhui Customs promotes the reform for enterprises to explore global markets.
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On Nov 27, 2025, Zhejiang held a press conference on its 3rd consecutive "Double Protection of Enterprises" 100-day law enforcement action (July-Nov). It investigated 10805 infringement/counterfeiting cases (361M yuan), focused on key areas like digital economy and live e-commerce, innovated anti-infringement tactics, addressed cross-regional law enforcement issues, and aimed to optimize the business environment.
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Strengthening humanistic care (20 port on-site operations, mental health monitoring/counseling, vacation allocation), improving grassroots conditions (border security action, 60+ supplies, intelligent devices), enriching cultural life (updated fitness equipment, sports activities, customs basketball championship)
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In 2016, General Secretary Xi Jinping inspected Guoyuan Port and noted its great hope. It has grown from a bulk cargo terminal to China's largest inland waterway multimodal transport hub, driving Chongqing's automobile (including new energy vehicles) exports and western regional coordinated development. Through smart transformation, it boosts efficiency, cuts logistics costs, and supports national strategies like the Belt and Road.
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During the 114th WTO Agriculture Committee meeting (Nov 24-26), China held a seminar on "Promoting Sustainable Development of Agriculture and Trade" to share its experience, which was highly praised. The seminar discussed digital agriculture, global food security, etc., with delegates recognizing China's experience as valuable for developing countries.
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On November 27, a spokesperson for China's Ministry of Commerce stated serious concerns about some contents of the "Malaysia US reciprocal trade agreement". On November 25, relevant departments of both sides held bilateral communication in Beijing. China hopes Malaysia handles it properly for its long-term interests; Malaysia explained concerns and values China-Malaysia partnership.
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