Sou Hu Cai Jing·2025-12-29 17:47Core Insights - The China Council for the Promotion of International Trade (CCPIT) held a press conference on December 29, introducing its new spokesperson, Wang Wenshuai, who emphasized the importance of timely and accurate information dissemination to tell the story of China's business community in the new era [1] Group 1: Global Trade Friction Index - In October, the global trade friction index was reported at 104, indicating a high level of trade tensions [3] - The monetary value of global trade friction measures decreased by 7.3% year-on-year and 1.2% month-on-month [3] - Among 20 monitored countries, the United States and India had the highest trade friction indices, with the U.S. leading for 16 consecutive months in terms of the monetary value of trade friction measures [3] Group 2: Industry-Specific Trade Friction - The trade friction measures were concentrated in the electronics, pharmaceuticals, machinery, and light industry sectors, with the electronics sector having the highest trade friction index [3] - A total of 25 import and export tariff measures were reported across the 20 countries, along with 28 trade remedy investigations and 109 notifications to the WTO regarding technical barriers to trade (TBT) and sanitary and phytosanitary measures (SPS) [3] Group 3: China-U.S. Trade Relations - The trade friction index concerning China from 19 countries was recorded at 102, with the U.S. having the highest index, particularly in the lithium battery, semiconductor, and telecommunications equipment industries [4] - The monetary value of trade friction measures involving China decreased by 33.2% year-on-year and 7% month-on-month [4] Group 4: China-U.S. Business Engagement - The CCPIT organized a successful visit for Chinese entrepreneurs to the U.S., facilitating over 20 business matching activities with more than 170 U.S. companies, including Apple, HP, and Micron [6] - Both Chinese and U.S. business communities expressed a commitment to enhancing trade relations, viewing economic cooperation as a stabilizing factor in bilateral relations [6] - The CCPIT plans to invite U.S. enterprises to participate in APEC "China Year" activities and the fourth Chain Expo in 2026, aiming to strengthen bilateral trade and investment [6]