Foreign Trade Updates
Fuyang Customs implemented "order reservation" inspection mode and tailored services to help small foreign trade enterprises (shoes/boots) improve customs clearance efficiency and compliance. Shoe export under its supervision increased 17.24% Jan-Aug this year.
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On December 2, 2025, Ningbo Zhoushan Port exceeded 40 million TEUs (joining Shanghai and Singapore). It integrates with local manufacturing (e.g., Ruyi), boosts foreign trade (Zhongji), uses smart/multimodal logistics, and advances digital transformation toward a stronger port.
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Ningbo Zhoushan Port's annual container throughput exceeded 40 million TEUs for the first time, becoming the world's third port to reach this milestone. It has the fastest growth among top global ports in 10 years, driven by emerging markets (Global South, RCEP), product structure upgrading (new energy products), and optimized services (sea-rail intermodal, global routes). Future plans focus on infrastructure expansion and service innovation.
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On November 28th, two fully revolving tugboats built by Rizhao Port Da Shipbuilding Heavy Industry Co., Ltd. successfully departed from Rizhao Port, marking its first domestic fully revolving tugboat export. Equipped with green biofuel-compatible systems, they will improve foreign ports' efficiency. Rizhao Customs ensured smooth clearance via "one ship, one policy", boosting local shipbuilding's international exploration.
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The Customs Law of China has been in effect for one year. Qingdao Customs implemented it, enhanced tax collection, stimulated foreign trade vitality, and optimized services via rule of law building, model innovation and smart empowerment, supporting Shandong's foreign trade quality improvement.
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At the 8th CIIE, 49 global artists' works were bonded-exhibited. Shanghai Waigaoqiao Customs used "authentication traceability" tech, dual supervision, personalized plans, green channels for efficient clearance. Jan-Sept bonded exhibits value hit 10.07b yuan (70% of Shanghai's customs area).
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The Wall Street Journal notes Western companies in China have shifted from cash cows to testing grounds amid intense local competition. They now need localization, faster innovation, and strategic adjustments (e.g., VW's "in China, for China", IKEA's new products). China remains a key market and innovation hub despite challenges.
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Japan's Q3 2024 real GDP declined 1.8% annually, facing internal (weak demand, inflation, structural issues) and external (US tariffs, export shrinkage) challenges. Gaoshi Zaomiao's stimulus may be ineffective; military expansion and Taiwan remarks harm Sino-Japan ties and economic prospects.
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The 11th RCEP Joint Committee meeting focused on promoting new members (e.g., Sri Lanka, Chile) joining amid global supply chain restructuring. RCEP has cross-regional potential, with China-ASEAN as core. China plans four steps to drive its development, addressing US multilateral retreat and geopolitical concerns.
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The new version of the China-Russia bilateral investment agreement officially took effect on December 1, 2025. The old agreement was signed in 2006; the two sides launched upgrade negotiations in 2022 and inked the new version on May 8, 2025 to improve the business environment for investors.
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In 2025, China's economy maintains stable growth amid external uncertainties, with GDP expected to reach 140 trillion yuan. Consumption and real economy are solid, new drivers like quantum tech and aerospace emerge, foreign investment increases, global institutions raise growth forecasts, and high-quality development trend remains unchanged.
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Starting from Dec 1, 2024, China grants zero tariff on 100% taxable products of LDCs with diplomatic ties; in June this year, extended to 53 African countries. The policy boosts China-Africa trade, China remains Africa's largest trading partner for 16 years, with import growth, achieving mutual benefit and reflecting major country responsibility.
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This article focuses on Understanding China through the Guangdong Hong Kong Macao Greater Bay Area (GBA) and high-level opening-up, traces China's foreign trade evolution, analyzes global trade order changes, and proposes GBA-led institutional openness measures for fairer trade.
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On Nov 28, "Mediterranean Jenaer No.4" docked at Ningbo Zhoushan Port under Ningbo Customs supervision, marking the official opening of Mediterranean Shipping Company's East Africa route. Deploying 10 4500TEU container ships, it transports auto, electronic and chemical products to Tanzania & Kenya, bringing nearly 900 TEUs export throughput. Ningbo Zhoushan Port's container routes reach 308 (256 international), improving efficiency for African market.
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Jiangxi Hengxing Food's roasted eel worth 460,000 yuan will be exported to Romania after customs quarantine. Fuzhou Customs provides full-chain supervision and assistance for roasted eel export. In the first 10 months of this year, Fuzhou Customs supervised 27.21 million yuan worth of roasted eel exports. The company plans to further expand overseas markets.
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Recently, the Chinese luxury cruise ship "China Merchants Yidun" docked at Qingdao International Cruise Terminal with 865 international tourists. Qingdao's cruise economy is booming, building an integrated "port business district" pattern. Qingdao Dagang Customs optimized clearance measures, with 39 cruise ships and 68,000 passengers supervised this year, up 14.7% and 37.3% year-on-year.
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The first batch of 160kg live Weishan Lake eels from Shandong's Weishan County was successfully exported to South Korea, marking a zero breakthrough. Jining Customs provided policy guidance, testing support, and a green channel to ensure smooth export.
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Actively implements batch inspection reform for major export products (e.g., sodium hydroxide, toluene diisocyanate), achieving 69 on-site inspections with over 60% efficiency improvement; assists enterprises in solving export issues, coordinates for new product exemptions; establishes one-on-one service for AEO enterprises to expand Central Asia, Southeast Asia, Africa markets.
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Customs at Shijiazhuang Airport seized two suspected ivory products (ornaments of He Xiangu and Shouxian Weng Xianren) weighing 1.47kg from inbound parcels declared as "T-shirts". The case is transferred for disposal, and customs reminds that illegal trade/carrying of endangered species products is illegal.
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Kunming Customs conducts free AIDS screening for cross-border transport practitioners at Yunnan Tianbao Port’s Driver’s Home, building monitoring outposts at 10 ports; detected infectious disease cases show a downward trend, strengthening southwest border biosecurity.
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