On October 21st, Hangzhou Customs, Ningbo Customs and Yiwu Government announced a collaboration mechanism to enhance Yiwu enterprises' compliance and facilitate export clearance. The three parties will establish a working group, deepen five-area cooperation, optimize port processes, and support Yiwu's small commodity trade (458.38b yuan exports Jan-Sep, up 29.4% YoY). Customs launched measures like "inspection before shipment" and smart supervision.

From Oct 25-26 local time, China and the US held economic and trade consultations in Kuala Lumpur, reaching preliminary consensus on multiple key trade issues. The two sides will fulfill respective domestic approval procedures next, having discussed issues like US 301 measures, tariff suspension, fentanyl, etc. Li Chenggang noted both sides respect each other and will strengthen communication, expressing gratitude to Malaysia.

From Oct 25-26 in Kuala Lumpur, Chinese Vice Premier He Lifeng held China US economic and trade consultations with US officials. Guided by heads of state consensus, they exchanged on trade issues, reached basic consensus, and agreed to further details and domestic procedures. Both emphasized mutual benefit and stable bilateral economic and trade relations.

On local 26th, Canadian PM Carney (visiting Malaysia) responded to US-Canada trade issues: Canada will double non-US exports (over CAD 300b in a decade), invest domestically, and continue US trade talks. Trump announced 10% extra tariff on Canada on 25th; Carney noted Canada faces critical moment due to US tariff changes (1930s Great Depression level), needing economic strategy shifts.

China's light industry (world's largest producer/exporter) achieved significant 14th Five-Year Plan progress via intelligent upgrading, green transformation, and innovation. It expanded markets (BRI, domestic) and targets enhanced innovation, brands, and sustainable development in the 15th FYP.

Sun Meijun, Customs DG, visited Zhengzhou Customs and Lushan County to promote the 20th CPC 4th Plenary Session spirit, implement customs priorities (opening up, trade, security) and rural assistance (poverty alleviation consolidation, rural revitalization). Met Henan officials.