Foreign Trade Updates
Ningbo Port Expansion and Opening Project passed national acceptance, covering 5 projects across 3 port areas. It enables full opening of 8 port areas, boosts supply chain resilience, port-city integration, ship repair and aquatic trade, supported by customs' "one terminal, one policy".
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The first "Istanbul Bridge" of China Europe Arctic Express completed its maiden voyage, returning to Ningbo Zhoushan Port. It marks the opening of China-Europe trade's "Third Channel" and a key step for the "Ice Silk Road". The voyage verified Arctic Northeast Passage safety, with Ningbo Customs support.
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China's Jan-Nov exports rose 6.2% to $3.47T with a $1.08T surplus, reflecting its global supply chain role (lowering costs/inflation). Mechanical/electrical exports up 8.8%, foreign-funded firms active; trade is win-win, no global threat.
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Qingdao Jiaodong Airport Customs seized illegal items (cosmetics, bags, watches, 320 cigarettes, 1 e-cigarette, 138 "three no" drugs with methamphetamine positive) carried by a passenger, total value ~67000 yuan, and filed a case.
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According to Shanghai Customs, Shanghai's import-export to ASEAN reached 530.31 billion yuan (up 12.6%) in Jan-Oct this year. Customs issued 159,000 preferential certificates, used digital/smart measures to boost trade, cut tariffs, and accelerate clearance for fresh produce and enterprises.
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Weihai Customs (under Qingdao Customs) seized 200 dangerous goods emergency power sources in export channels. The goods’ battery capacity and packaging failed to comply with maritime dangerous goods regulations; the enterprise lacked required packaging identification, suspected of evading supervision. Relevant items are temporarily detained.
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As Winter Solstice approaches, Qingdao's frozen dumplings export grows. Qingdao Yierjia Food's 800k-yuan dumplings will go to South Korea via Qingdao Port, supervised by Dagang Customs with "one enterprise, one policy" support. Shandong's stuffed pasta exports hit 726m yuan (up 11%) Jan-Nov this year.
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The "WTO/TBT-SPS National Notification and Consultation Center (Shanghai) Biomedical Technical Trade Measures Research and Evaluation Base" was unveiled in Shanghai. Jointly established by three entities, it's China's only such base for biopharmaceuticals, focusing on cutting-edge fields. Shanghai's biopharmaceutical industry has grown steadily with notable innovative achievements.
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Strengthen communication with Harbin Customs departments, improve information sharing, coordinate cross-border transport dispatch; leaders command frontline, allocate forces, increase night shifts for efficient cargo inspection; report customs clearance updates to foreign trade enterprises to ensure supply chain stability.
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Bayuquan Customs supervised Ansteel Group's 8336.5 tons of SAR48 steel rails export to Belt and Road countries, opening a green channel for efficient clearance. Jan-Nov this year, it supervised 10.229 million tons of steel exports (up 45.2% YoY) worth 36.21 billion yuan (up 25.1%).
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Recently, under Meishan Customs (Ningbo Customs), Ningbo Yaji Logistics' TV stands were declared/released in Meishan Comprehensive Bonded Zone. Ningbo's cross-border e-commerce special area exported 5.393 billion yuan (Jan-Nov, +20.73% YoY). Customs' innovations (e.g., "one warehouse, multiple capabilities") and optimized services support enterprises, with advantages like tax refund upon entry to boost competitiveness.
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As winter approaches, ice and snow economy heats up. Changping Customs supports Dongguan Changsheng Sports Goods Co.'s ski pole exports via regulation guidance and convenient measures. The company’s exports rise, expanded new markets. Customs supervised 350M yuan sports goods exports Jan-Nov this year.
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Yanji Cross border E-commerce Comprehensive Pilot Zone records 32.42% YoY growth in bonded logistics transaction volume. Yanji Customs optimizes supervision (e.g., "bonded display+cultural tourism+cross-border e-commerce" model, 7×24h clearance) to support enterprises like Longmat Group, driving South Korea trade and forming a "exhibition-trade-tourism" virtuous cycle.
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Yantai East Germany Industrial’s five hydrogen circulation pumps were exported post Yantai Customs clearance. The pump has 95% localization and low-temp start. Yantai Customs uses innovative measures to cut inspection time. Shandong’s Jan-Nov electromechanical exports hit 952.22b yuan (+8.9% YoY). Customs supports high-end "Made in China" exports.
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Article covers Safran Short Cabin Maintenance's Suzhou factory (first in China for Safran), Suzhou Industrial Park's aerospace ecosystem, 2025 Jan-Nov aerospace trade growth (9.37B yuan, +12.8% yoy), Safran's 2024 bonded qualification (first in SIP for aviation global maintenance), and customs support for high-tech maintenance to boost service trade.
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Data shows Zhoushan Port completed 2523 international ship repairs (14.3% YoY) with 14b yuan value (13.3% YoY) Jan-Nov. Daishan Changhong repaired over 200 ships. Wu Haicun noted Q3 66 repairs (13.8% YoY), expected 400m yuan annual increase. Zhoushan Customs implemented one-stop, paperless clearance, green channel, one-ship-one-policy to support ship repair and green transformation.
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The Joint Explanation Meeting on AEO Policies between Mainland China, Hong Kong, and Macau Customs was held on Dec 16 in Zhuhai. It covered AEO system, mutual recognition, certification standards, and interacted with enterprises. China Customs has AEO mutual recognition with 31 economies (57 countries/regions), ranking first globally.
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The Central Economic Work Conference lists reform and opening up as key 2025 economic tasks to promote high-quality development and Chinese path to modernization. 2025 expands reform-opening breadth/depth, while 2026 (15th Five-Year Plan start) needs deeper reforms/higher opening to break barriers, boost vitality, and ensure a good start.
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Zhu Hexin, Director of the State Administration of Foreign Exchange, chaired an expanded Party group meeting to convey the Central Economic Work Conference spirit, study and deploy 2026 forex work (start of 15th Five-Year Plan) focusing on high-quality development, institutional opening-up, market stability, supervision, reserves management, and Party leadership.
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On December 17th, 24 hours before Hainan Free Trade Port's closure, the island implements "frontline opening" (Yangpu Port's intelligent clearance) and "second-line management" (Meilan Airport's paperless process). Duty-free policy optimization expands goods scope, boosting trade and benefiting residents.
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