Foreign Trade Updates
Recently, driven by AI's new outbreak cycle in the global PC market, Fujian's imports of computers and parts reached 7.8 billion yuan (up 7.3% YoY) in Jan-Oct this year. Mainly via general trade/bonded logistics, private enterprises' imports surged 430.6%. ASEAN is the largest source. Fuzhou Customs provides facilitation policies to support enterprises.
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The article discusses China's hardware products (notably from Shandong/Yantai) enhancing international competitiveness via tech innovation. Yantai Customs implements facilitation measures (AEO benefits, online origin certificates) to support exports. Yantai Zhengshi Hardware Co. sees steady order growth, while Yantai's mechanical/electrical exports (including hardware) rose 15.8% year-on-year in Jan-Oct this year.
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Weihai Customs provided door-to-door service to the Liberian "Guinevere" offshore operation platform at Weihai sea anchorage, handling on-site customs clearance procedures to solve enterprises' urgent needs, focusing on optimizing port business environment and helping enterprise development.
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wannong High Tech Group’s 5 tons of sweet corn seeds (Fujian’s first batch) were shipped from Fuzhou Mawei Port to Lebanon. The company, a Fujian seed benchmark enterprise, has seed R&D/production/sales chain; seeds have better adaptability, 15%+ higher yield, better taste. Customs provided full-chain guidance. Future plans include expanding foreign markets.
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China (Xinjiang) pilot free trade zone, listed on Nov 1, 2023, has achieved phased results with institutional innovation as core. By its 2nd anniversary, 81.5% pilot reform tasks were implemented, over 80% 2nd-year targets completed ahead of schedule, 72 provincial innovations promoted, 18,000+ new enterprises established, Jan-Sep 2024 import-export hit 155.331 billion yuan (nearly 40% of Xinjiang's total). It optimized business environment, enhanced logistics hub function, improved foreign trade/investment competitiveness, and deepened westward opening-up, supporting Silk Road Economic Belt core area construction.
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Peru is first Latin American country to sign FTA with China and join BRI. China-Peru trade grew 30.7% YoY (Jan-May 2025). Chacay Port (2024 operation) cuts logistics time/cost. China's new consumption trends boost Peru's products (blueberries, avocado, alpaca dolls) in China, benefiting both peoples.
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On Nov 13, 2025, the European Commission announced a preliminary anti-dumping determination on Chinese-origin adipic acid, setting provisional duties (28.6% for Chongqing Huafeng, 46.8% for Tangshan Zhonghao/other producers, 32.0% for cooperative enterprises). The product’s CN code is ex 29171200. The dumping investigation period was 2024, injury period 2021-2024. The ruling takes effect next day. Interested parties must submit hearing apps within 5 days and comments within 15 days. An investigation was launched on Mar 14, 2025.
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On November 11 afternoon, China's General Administration of Customs director sunmeijun met with Malta's Agriculture Minister Anton rafalo, exchanging views on deepening customs inspection quarantine cooperation, promoting agricultural and food trade, signing cooperation documents, with deputy director zhaozenglian and Malta's ambassador to China Bai hanxuan attending.
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From Jan 2024 to Oct 2025, Hunan's imports & exports to Africa exceeded 103.64 billion yuan. Changsha Customs launched a pre-assessment system for African food access, boosting trade. Hunan's machinery exports to Africa grew 14.6%, and it imported over 300 tons of African nuts this year.
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On November 15, the "Guangdong car going south" policy was officially implemented at Hong Kong Zhuhai Macao Bridge, with a Guangdong C-licensed car as the first to enter Hong Kong. This adds to the two-way traffic of Guangdong, Hong Kong and Macao in the Greater Bay Area, supported by Gongbei Customs' optimized measures, accelerating the "one-hour life circle" realization.
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The article discusses the Yunnan Pilot Free Trade Zone (FTZ)’s sixth anniversary, highlighting its institutional innovations (e.g., Sino-Vietnam cross-border land transport reform, direct arrival customs clearance), agricultural products import/export, Kunming Customs’ initiatives, and the FTZ’s strong foreign trade growth (365.66 billion yuan since 2019, 11% annual average growth).
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Li Qiang stated China and Thailand are good relatives, friends and partners. President Xi Jinping met with Thai King Vajiralongkorn, reaching consensus on deepening China-Thailand relations. Both sides agreed to enhance high-level exchanges, consolidate friendship, deepen mutually beneficial cooperation (including green economy, AI, aerospace) and promote a community with shared future, while expanding cultural and tourism exchanges. Vajiralongkorn praised China's development and expressed willingness to strengthen cooperation. Wu Zhenglong attended the meeting.
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During the 15th Five Year Plan period, Zhejiang will adhere to "government creates environment, enterprises create wealth", support private economy, reduce investment thresholds for private capital in multiple fields, promote industrial chain collaboration, and advance high-level opening-up, as stated at the press conference of the 8th Plenary Session of the 15th Zhejiang Provincial Party Committee.
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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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