5月20日，商务部副部长兼国际贸易谈判副代表凌激会见英国48家集团组织的访华代表团。凌激表示， 中国加快构建全国统一大市场，消费潜力持续释放，经济发展稳中向好，大力发展新质生产力，新能 源、生命健康、人工智能等新兴领域快速发展，已成为全球创新的策源地，为包括英国企业在内的跨国 公司在华长期稳定发展提供了有利条件。近年来，中英经贸关系保持健康发展，两国都秉持自由贸易， 反对单边主义、保护主义，坚定维护多边贸易体制，将为全球贸易增加稳定性和确定性。英国48家集团 主席杰克.佩里表示，中国推动经济高质量发展，在工业智能化、绿色化、数字化发展上领先全球，英 国48家集团将始终秉承"破冰者"理念，推动英中经贸合作健康发展，深化互利共赢。(商务部) ...

Core Viewpoint - Madagascar faces systemic risks due to the uncertainty brought by U.S. tariff policies, particularly affecting its fragile economic structure and trade environment [1][2]. Group 1: Economic Impact - The U.S. government announced a potential 47% tariff on products exported from Madagascar, which was later postponed but maintained a 10% baseline tariff [1]. - Short-term effects of the U.S. tariffs are expected to significantly slow down Madagascar's exports, leading to a sharp decline in foreign exchange income and increased unemployment risks [1]. - Long-term uncertainty regarding U.S. tariff policies may undermine international investors' confidence in Madagascar's trade stability, potentially resulting in factory reductions or closures [1]. Group 2: Industry-Specific Effects - The textile industry, a key sector in Madagascar, is projected to suffer the most from the U.S. tariffs, contributing nearly 20% to the country's GDP and providing over 100,000 direct jobs [2]. - Madagascar is the second-largest exporter of apparel to the U.S. among sub-Saharan African countries, following Kenya [2]. - The agricultural sector, particularly the vanilla industry, which accounts for a quarter of Madagascar's export revenue, is also expected to be adversely affected, with the U.S. being the largest market for its vanilla exports [2]. Group 3: Strategic Recommendations - To mitigate the impacts of U.S. tariff uncertainties, African nations, including Madagascar, should enhance trade integration within Africa and seek support from multilateral trade systems [2]. - Madagascar should focus on diversifying export channels, increasing product value-added, and accelerating industrial upgrades to strengthen its economic resilience [2].

Core Insights - The report highlights the performance of the Hong Kong stock market, with the Hang Seng Index closing at 23,332.72, down 0.05% after a three-day decline totaling 1.3% [2][3] - The report notes that the industrial value-added data from mainland China exceeded expectations, which helped to mitigate the market's decline [3] - The report emphasizes the strong performance of certain stocks, such as Meituan and Tencent, which rose by 2.3% and 1.2% respectively, while Geely saw a decline of 2.5% [3] Macro & Industry Dynamics - Hong Kong's Chief Executive, John Lee, stated that Hong Kong serves as a financial hub amidst rising unilateralism and protectionism, aiming to strengthen its role as a mediator for international trade [6] - The Financial Secretary, Paul Chan, reported that Hong Kong's stock market has seen significant inflows, with new stock fundraising activities leading the world, accumulating over 60 billion this year, a sixfold increase year-on-year [7] - The Chinese Ministry of Industry and Information Technology has issued guidelines to promote the development of the technology service industry, focusing on creating a unified technology trading service platform [9] Company News - Xiaomi is set to unveil its first SUV model, YU7, and a self-developed chip, "玄戒 O1," at a strategic product launch event [11] - Jianbei Miao Miao expects a profit increase of at least 50% for the fiscal year ending March, driven by effective brand management and strong sales performance in its core product segments [12] - CLP Holdings reported a 2.6% year-on-year decrease in electricity sales in Hong Kong for the first quarter, attributed to warmer weather and a reduction in overall electricity demand [13]

智通财经5月19日电，商务部部长王文涛会见丹麦外交大臣拉斯穆森，双方就中丹、中欧经贸关系、维 护多边贸易体制等问题深入交换意见。丹麦工业联合会、诺和诺德、嘉士伯等丹麦经济界代表参加会 见。王文涛表示，近日，习近平主席复信中国丹麦商会，为深化中丹经贸合作指明了方向。中丹建交75 年来，两国关系历久弥新，稳步向前发展，双边贸易持续增长，绿色、医药、农食、机械等领域投资合 作成果丰硕。中国坚定不移扩大对外开放，积极扩大国内需求，致力于打造稳定、透明、可预期的营商 环境。当前，国际形势变乱交织，面对单边主义、保护主义和逆全球化的严峻挑战，中方愿同丹方和欧 方一道，秉持建交初心，加强政策沟通，深化务实合作，共同维护以世贸组织为核心的多边贸易体制， 为世界注入更多稳定性和正能量。 王文涛部长会见丹麦外交大臣拉斯穆森 ...

Group 1 - The core viewpoint of the articles highlights the significant consensus reached between China and the United States regarding tariff adjustments, which is expected to positively impact bilateral trade and stimulate economic growth for both nations [1][3][4] - The adjustment of tariffs is seen as a crucial step not only for China and the U.S. but also for global economic stability, as it may influence other countries, including vulnerable economies [3][6] - Canada's response to the U.S.-China agreement indicates a potential shift in its trade policy towards China, suggesting that Canada may seek dialogue to resolve trade issues [4][6][9] Group 2 - The articles emphasize that the trade policy adjustments between China and the U.S. could have a ripple effect on international trade dynamics, necessitating Canada to reassess its trade stance and approach towards China [6][8] - The successful negotiations between China and the U.S. are framed as a model for other nations, encouraging a rational and long-term perspective in trade policy formulation [3][9] - The overall context suggests that the adjustments in trade relations are not merely bilateral events but are interconnected within the framework of global economic interdependence, highlighting the importance of cooperation and dialogue among nations [8][9]

Core Viewpoint - The APEC Trade Ministers' Meeting held in Jeju, South Korea, focused on promoting multilateral trade systems, enhancing connectivity, and leveraging artificial intelligence for trade facilitation and sustainable development [1] Group 1: Meeting Overview - The 31st APEC Trade Ministers' Meeting took place on May 15-16, 2025, in Jeju, South Korea [1] - The meeting was attended by China's Vice Minister of International Trade Negotiations, Li Chenggang, who represented the country [1] Group 2: Key Discussion Topics - Discussions centered on promoting multilateral trade systems and enhancing connectivity among APEC member economies [1] - The role of artificial intelligence in facilitating trade and promoting sustainable development was a significant topic of discussion [1]

Group 1 - President Xi Jinping's letter to the Danish Chamber of Commerce emphasizes the importance of deepening cooperation between China and Denmark, reflecting a strong commitment to mutual benefits and friendship [1][5] - The Danish business community expresses optimism about the Chinese market, highlighting the potential for growth and collaboration, particularly in sectors like manufacturing and technology [2][3] - The letter signals China's stability and predictability as an investment destination, which is crucial for foreign investors, especially in light of global uncertainties [3][4] Group 2 - The ongoing high-level opening-up policy in China is seen as an opportunity for international investors, particularly in strategic emerging industries such as artificial intelligence, new energy, and biomedicine [3] - Danish companies, like Danfoss and Novo Nordisk, report strong growth in China, indicating successful collaboration and the complementary nature of the two countries' industries [2][3] - The importance of maintaining a stable international trade environment is emphasized, with calls for cooperation to uphold a rules-based multilateral trading system [5]

Core Points - The WTO meeting highlighted concerns over the impact of U.S. tariffs on global trade and the importance of a rules-based multilateral trading system [1][3] - The EU warned that global trade is expected to decline due to increased trade policy uncertainty, with a projected 0.2% shrinkage in goods trade volume by 2025 [3] - Canada emphasized that U.S. tariffs disrupt global trade and undermine the predictability of the international trading system [3][5] - Norway called for WTO reform to address the challenges posed by current trade policies and their impact on global economic stability [4][5] - Australia expressed concerns over unilateral trade measures and their potential to undermine a system that has benefited all members for decades [5] - China criticized the U.S. "reciprocal tariffs" as a violation of WTO rules, asserting that it disrupts global supply chains and the international trading system [6] Summary by Category Trade Policy Concerns - Canada, the EU, and Norway raised alarms about the negative effects of U.S. tariffs on global trade and the need for a stable trading environment [3][4][5] - The EU highlighted the importance of transparency and dialogue in building trust and predictability in international markets [3] WTO Reform - Norway and Switzerland stressed the necessity for reforming the WTO to adapt to changing economic realities and improve its functions [4] - Australia and Japan underscored the critical role of a free, fair, and open economic system for global economic health [5] U.S. Tariff Impact - The U.S. tariffs have been described as severely disrupting global trade and creating an unstable environment for consumers and businesses [3][5] - China firmly opposed the U.S. "reciprocal tariffs," labeling them as a direct violation of WTO principles [6]

人民网北京5月15日电 （记者周雨）中国—拉美和加勒比国家共同体论坛第四届部长级会议13日在北京成功举行。28个拉美和加勒比地区国家、6个地 区组织，50余位部长级官员来华参会。会议通过《中国—拉共体论坛第四届部长级会议北京宣言》和《中国—拉共体成员国重点领域合作共同行动计划 （2025—2027）》，达成超过100项三年合作项目。中方还宣布了20项支持拉美发展的举措。 乌拉圭外长卢贝特金在14日答记者问时表示，本次会议成果丰硕，相关成果在乌拉圭及拉美地区引发广泛关注。卢贝特金强调，中拉论坛是中国同拉美 和加勒比国家开展对话与互利合作的重要平台，为地区提供了实实在在的发展机遇。 谈及乌中贸易关系，卢贝特金指出，中国已连续12年保持乌拉圭第一大贸易伙伴和最大出口市场地位。乌拉圭对华出口结构已从最初的纺织品为主，逐 步转变为以纸浆、木材等林产品及肉类、大豆等农产品为支柱。双方期待未来在服务贸易、通信技术、旅游、文体产业等领域挖掘新的增长点，推动贸易结 构多元化升级。 针对中国持续扩大开放带来的机遇，卢贝特金表示，中国作为全球重要经济体，其发展对世界经济格局影响深远。他特别提到，全球发展倡议、全球安 全倡议和全球文 ...

在今天召开的商务部例行新闻发布会上，新闻发言人表示，关于美方针对进口汽车、钢铝的232关税， 以及对进口药品发起232调查，中方认为，美方做法是典型的单边主义和保护主义行径，不仅损害他国 权益，破坏以规则为基础的多边贸易体制，也无益于本国产业发展，中方敦促美方，尽快停止232关税 措施，通过平等对话，妥善解决各方关切。 ...