Foreign Trade Updates
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.
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Canadian Prime Minister: Ready to continue pushing forward trade negotiations with the United States
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.
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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.
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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.
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