Foreign Trade Updates
The government work report and 15th Five-Year Plan emphasize high-level opening-up. China has made historic opening-up achievements (leading global goods trade, Belt and Road cooperation, etc.). Enterprises actively participate, with opening-up boosting economic development and global win-win cooperation.
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In 2025, Xi Jinping emphasized Hainan Free Trade Port's strategic opening-up role; it launched full island closure with stable growth. Initiatives cover high-level opening, quality development, reform, dual circulation, livelihood, security, and party-led construction.
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In spring 2026, Dongguan's industries innovate for foreign trade growth—airport hub explores new routes, traditional enterprises enter low altitude economy, healthcare, AI. By end 2025, its foreign trade import-export grew for 21 consecutive months; 2026 targets sustained growth.
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The 15th Five Year Plan's opening year plan enriches China's high-level opening-up. China promotes global cooperation, BRI, and open economy amid protectionism, sharing development opportunities with the world and upholding multilateralism.
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Former APEC Secretariat ED & Peruvian ex-ambassador to China Juan Carlos Kapuenai says China's 15th Five-Year Plan reflects long-term modernization strategy; Chinese modernization fuels global development. He notes China's global stability role, looks forward to APEC's 33rd Shenzhen meeting, and highlights Belt and Road, global governance contributions.
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At a press conference on Nanning's foreign trade high-quality development, Nanning has built an ASEAN "4-hour air logistics circle", normalized China-Vietnam cross-border express trains, formed a three-dimensional transport network, and achieved rapid growth (2025 import/export: 104.44b yuan, +12.4% YoY).
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Hainan Free Trade Port's closure is a landmark for high-level opening up. Trade facilitation improved, with Spring Festival duty-free shopping up 30.8% and visa-free tourists up 75.6%. Characteristic industries (aviation maintenance, space culture) develop, foreign-funded enterprises rise 13% year-on-year. Future suggestions include benchmarking CPTPP, boosting cross-border trade and talent attraction.
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The Canton Fair Promotion Conference was held in Frankfurt, Germany on March 10. The 138th Canton Fair set an attendance record, and the 139th will open on April 15 with innovative "Made in China" products. Representatives discussed Sino-German economic cooperation opportunities.
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The 2026 African Trade Conference was held in Cape Town on March 11, 2026. Attendees called for strengthening regional cooperation, eliminating trade barriers, and promoting intra African trade integration. African officials discussed global conflicts' impacts, infrastructure, and trade system fragmentation, advocating solutions to enhance trade resilience.
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Shanghai Customs reports Jan-Feb 2026 stats: 7281 international vessels (historic high, +2.4% yoy), 41k aircraft (+1.2%), 6.92m passengers (+1.5%). Measures include digital empowerment, green channel for NEV exports (Nangang Port 163k vehicles, double yoy), green methanol refueling record, and optimized air cargo/passenger clearance.
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Zengcheng Customs (Huangpu Customs) launched the Xintang-Shekou combined port model, reducing logistics costs (saving ~350 yuan/box for Guangzhou Fuyao Glass), cutting transit time, and boosting Xintang Port's import/export (up 146% Jan-Feb 2026). Customs uses facilitation measures to improve efficiency.
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3月12日黑色系期货上涨,受宏观(国际能源署释放战略油储、油价上涨)和成本驱动;行业面钢贸销量增、钢厂调价、烧结矿库存降;建筑复工率42.5%;钢价呈波动强势趋势。
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In the first two months of 2026, China's goods trade imports and exports reached 7.73 trillion yuan (up 18.3% YoY). High-tech exports rose 24.3%, private enterprises' trade grew 22.8%, and Belt and Road trade increased 20%. Foreign trade maintained a stable, progressive trend driven by policy dividends and diversified markets.
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On March 11, Hainan's zero tariff policy for residents' imported consumer goods marked its one-month implementation. Haikou Customs stats show 28,000 shoppers with total 5.3731 million yuan. Duty-free shops expanded products, launched promotions; customs ensured quick clearance and info supervision. Future plans optimize services for more residents.
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During the 14th Five-Year Plan period, Fujian's private enterprises' foreign trade reached 5.58 trillion yuan (up 87.98%), accounting for 57.83% of the province's total. Key imports/exports include bulk commodities, new energy products, and agricultural goods. Xiamen Customs provided policy support, with typical firms like Zhangzhou Songlin and Changtai Jinnuo seeing growth.
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Tongling Customs (subsidiary of Hefei Customs) inspected 877.3 tons of imported copper concentrate; arsenic content exceeded specified limit by 18%. Per relevant regulations, the unqualified batch has been returned from the port under customs supervision.
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On February 5th, Baoji Customs announced Shaanxi Xinyu Furniture, the first Baoji enterprise to obtain outbound bamboo, wood and grass product production registration. Customs provided "one enterprise, one policy" and "online+offline" services, helping the company reach cooperation with Kazakhstan and Kyrgyzstan, filling Baoji's furniture export qualification gap. It will continue optimizing services to promote "Baoji Manufacturing" overseas.
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Recently, Caofeidian Customs and Tangshan Customs Anti-Smuggling Branch found an inbound vessel crew member hiding undeclared cigarettes (88 cartons, 11600 sticks). The case was transferred to anti-smuggling department. Customs has duty-free rules for inbound cigarette carrying (400 sticks for general passengers, 200 for HK/Macao entrants).
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On March 8, Huangdao Customs supervised the export of a 120000-ton lift floating dock built by China Shipbuilding Qingdao Beihai Shipbuilding via "anchorage direct loading" to Freeport Port, Bahamas. It's a luxury cruise maintenance equipment for Carnival Royal Caribbean, becoming the largest in Western Hemisphere. Customs tailored a supervision plan to solve loading challenges, reducing logistics costs.
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Qingdao Customs reports Shandong's Jan-Feb 2026 imports/exports hit 548.13B yuan (+9.9% YoY). Key points: 11 cities up (8 double-digit), general trade >60%, private enterprises ~75.8%, growth with Russia/EU/Australia/Brazil, Belt and Road/RCEP trade up, electromechanical/agricultural exports grow, crude oil/metal ore imports up double-digit.
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