
Liu Linan, head of macro strategy for Greater China at Deutsche Bank, pointed out in a January research report that with the wide application of RMB in trade settlement and the access to China's financial market, the degree of liberalisation of China's financial market access has increased, and the economic and trade cooperation with countries along the Belt and Road and RCEP partner countries has deepened.
Apr 25, 2023 15:06Optimistic about front-end and back-end semiconductor equipment and component producers. The first batch of national standards for humanoid robots has been officially approved. According to media reports, the series of national standards for technical requirements of humanoid robots has been officially approved. Under the coordination of the Secretariat of the National Robot Standardization Technical Committee (TC591), which is undertaken by Beijing Research Institute of Automation for Machinery Industry Co., Ltd., Ubtech, in collaboration with Beijing Humanoid Robot Innovation Center Co., Ltd., Shanghai Artificial Intelligence Laboratory, and other units, initiated this series of national standards and led the formulation of operational technical requirements, including dexterous manipulation, leg movement operations, dual-arm operations, long-sequence execution, multi-machine coordination, obstacle avoidance, and driving range. ASEAN countries held a meeting of finance ministers and central bank governors to promote economic resilience and sustainable development. On April 10, the 12th ASEAN Finance Ministers and Central Bank Governors Meeting issued a joint statement, emphasizing that ASEAN countries will work together to build a resilient, inclusive, and sustainable regional economic future. The statement pointed out that with slowing inflation, strong domestic demand, stable investment activities, good export performance, and favorable employment conditions continue to support ASEAN's economic growth. Notably, a national high-end think tank is about to release a report titled "RCEP and the Vision of the Maritime Silk Road: New Space for China-ASEAN Cooperation." The "China-ASEAN Economic and Trade Cooperation Report" released by the RCEP Industrial Cooperation Committee pointed out that the two sides have been each other's largest trading partners for four consecutive years. According to a research report by Industrial Securities, in terms of products, China's exports to ASEAN are dominated by electrical machinery, electrical equipment, and mechanical appliances, which have long accounted for a high proportion of China's total exports to ASEAN. The analysis concluded that ASEAN's own demand has significantly boosted the export scale of basic chemicals (mainly plastics and their products, agricultural chemicals, and chemical raw materials), electronics (mainly components and other electronic parts), non-ferrous metals (mainly copper and aluminum), and steel; although the scale of automobiles is moderate, the growth rate is high; in addition, power equipment and new energy, home appliances, communications, coal, petrochemicals, and machinery are also worth noting. The National Film Administration responded to the US tariff hike on China: it will moderately reduce the number of US film imports. According to reports, when asked whether the recent US tariff hike on China would affect the import of US films, a spokesperson for the National Film Administration stated that the US government's erroneous actions of imposing excessive tariffs on China will inevitably further reduce domestic audiences' favorability towards US films. We will follow market rules, respect audience choices, and moderately reduce the number of US film imports. China is the world's second-largest film market, and we always adhere to a high level of openness to the outside world, introducing excellent films from more countries around the world to meet market demand. In 2025, "Nezha: The Devil's Child" grossed over 15.4 billion yuan globally, ranking fifth in the global box office chart. Pei Yifan from AVIC Securities believes that the film is regarded as a "main theme under new circumstances," aligning with the national direction of promoting high-quality development of the cultural industry, and is expected to stimulate consumption while continuously strengthening cultural confidence.
Apr 14, 2025 08:15At the CLNB 2025 (10th) New Energy Industry Chain Expo - Overseas Market Forum hosted by SMM Information & Technology Co., Ltd. (SMM), Zhong Baofen, Director of the Investment Division of the Royal Thai Consulate General in Shanghai and the Shanghai Office of the Thailand Board of Investment, introduced the topic of "Investment Opportunities in Thailand."
Apr 18, 2025 17:23The Beer Institute, the longstanding national trade association dedicated to representing the beer industry, issued a response following the introduction of H.R.7078, known as ‘The False Claims Enhancement Act,’ by Rep. Ken Buck (CO-04).
Jan 31, 2024 18:15
The State Council Information Office held a press conference at local time 10:00 this morning. The relevant person in charge of the General Administration of Customs introduced that China's foreign trade import and export increased by 2.1% year-on-year in the first half of the year, hitting a record.
Jul 18, 2023 17:09Automotive Intelligence Connection and Control (AICC) and iSoft Infrastructure Software (iSoft), a direct subsidiary of CETC, signed a strategic cooperation agreement.
Jun 20, 2024 19:01With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.
Apr 30, 2024 17:58Introduction: In today's world, where the global goal of carbon neutrality is accelerating, secondary non-ferrous metals are embracing a historic development opportunity. The latest statistics show that for every 1 percentage point increase in China's recycling rate of secondary metals, 23 million tons of carbon dioxide emissions can be reduced. This article will provide an in-depth interpretation of the new 2024 policies on the supervision of secondary metal imports, unveiling the "green customs clearance" secrets within the multinational industry chain. [New Product Access: The Green Revolution of Strategic Resources] Driven by the dual carbon strategy, secondary metals have become the "urban mines" supporting the transformation and upgrading of the manufacturing industry. The newly revised "Technical Specifications for Secondary Metal Raw Materials" not only redefines the raw material classification system but also establishes a digital supervision framework. For importers, it is crucial to grasp the following key elements: Core Advantages The energy consumption of secondary aluminum production is only 5% of that of primary aluminum, and the carbon footprint of secondary copper is 65% less than that of ore-based copper. According to customs data from Q3 2024, the customs clearance time for compliant secondary copper and aluminum imports has been compressed to 3.5 working days, achieving a 400% efficiency improvement compared to ordinary metal scrap. [Key Points of the New Policy: Understanding the Customs' New "Metal Dictionary"] I. Triple Breakthroughs in Catalog Reconstruction 1. Digital Classification Standards Copper-based raw materials : Forming a three-tier gradient of "pure metal wire - mixed granules - refined copper wire nodules" Aluminum alloy family : Subdivided into three series: casting, wrought processing, and engineering pure aluminum Comparison Table of Old and New Catalogs 2. Qualitative Changes in Technical Indicators Adopting the Melt Flow Index (MFI) to replace traditional visual inspection methods and introducing XRF rapid detection technology: Example: Secondary wrought aluminum alloy must meet the following requirements: σb ≥ 180MPa δ5 ≥ 8% Brinell hardness HBW ≥ 45 3. Revolution in Customs Inspection and Testing Developing a "three-dimensional spectral matrix" detection system to achieve: 0.5-second early warning for heavy metal pollution 99.3% accuracy in AI recognition of non-metallic residues Online monitoring of radioactive isotopes [Customs Clearance Tips: Five Essential Strategies for Enterprises] Step-1: Traceability of Cargo Quality Establish a supplier ESG rating system, focusing on verifying: ISO 14064 certification of pre-processing plants Disassembly process monitored by electronic fencing Temperature and humidity sensor data chain during transportation Step-2: Smart Declaration System HS code selection matrix Step-3: Preventive Testing Recommended mandatory testing items for third-party laboratories: Melt Loss Rate (MLR) Three-dimensional distribution scanning of inclusions Pyrolysis gas chromatography of coating substances Step-4: Smart Document Management The blockchain document system must include: Laser traceability QR codes Multi-spectral analysis reports Carbon emission factor calculation sheets Step-5: Emergency Response Plan Reserve a special fund for return shipments. Registered AEO-certified enterprises can enjoy: 50% reduction in deposits Extension of customs payment deadlines to 90 days [Sobering Cases: Warnings of Multi-Million-Dollar Cargo Losses] Scenario 01: The Fatal Moisture Trap In August 2024, a Shenzhen enterprise imported 20 containers of secondary aluminum ingots, neglecting transportation environment monitoring: On-site inspection : Surface moisture content 0.8% → Deep-layer moisture content 11.3% Economic Loss : Port demurrage fees of 480,000 yuan + return shipment costs of 2.2 million yuan Scenario 02: The Butterfly Effect of Concealed Contaminants A hardware factory in Dongguan imported secondary copper granules contaminated with fragments of old circuit boards: Concealed Contaminants : Containing 0.3% lead solder Chain Reaction : Full-line production contamination, breach of a 300 million yuan order Scenario 03: The Abyss of Certification Fraud A Zhejiang trader trusted a forged EN 13920 certificate: Fraud Exposed : The EU registration number did not exist Qualification Loss : Customs credit rating downgraded to D class [Future Smart Manufacturing: The Digital Breakthrough of Secondary Metals] Framework of Smart Import Monitoring System Industry Trend Forecast Mandatory integration with secondary metal blockchain platforms by 2025 Smart container penetration rate to exceed 60% Multi-departmental joint punishment mechanisms to cover the entire supply chain [Strategic Conclusion] Standing at the forefront of global green trade, the import of secondary metals has entered the era of smart supervision. Enterprises urgently need to establish a three-in-one risk control system of "digital certification + process monitoring + smart logistics." Remember: Compliance is not a cost but the core competitiveness of the new era. When you successfully navigate through the policy fog, what you gain is not only customs clearance convenience but also the future code for sustainable development. Extended Thinking How can the RCEP agreement be utilized to obtain tariff preferences for secondary metals? How can Industry 4.0 technologies be deeply integrated with metal recycling?
Apr 30, 2025 11:30SMM Analysis: Insights into the Overseas Strategy of Chinese NEV Manufacturers from the 2025 Thailand Auto Show - Why Thailand is the First Stop? SMM, March 28: On March 26, the 46th Bangkok International Auto Show opened in Thailand, attracting 41 automakers from Europe and Asia. Among them, 16 Chinese automotive brands made a collective appearance. Chinese automakers have successively entered the Thai market, posing a significant challenge to the near-monopoly status of Japanese cars in Thailand. The Bangkok Auto Show is the largest auto show in Southeast Asia and the second largest in Asia, holding significant importance for the overseas strategic layout of Chinese automakers...
Mar 28, 2025 15:24On April 22, at the CCIE 2025 SMM (20th) Copper Industry Conference & Copper Industry Expo – Copper Pipe and Billet Processing Industry Development Forum, Lin Jin, Senior Advisor of the Bathroom Branch of the China Building Sanitary Ceramics Association, discussed the development trends of the faucet industry in the bathroom sector.
Apr 22, 2025 15:51