《区域全面经济伙伴关系协定》（RCEP）联委会第十一次会议近日在泰国清迈举行，全面落实今年10 月RCEP领导人会议达成的共识，其中一项关键任务是推进新成员加入进程。自2018年中美经贸摩擦出 现以来，全球产业链供应链重构，显现出局部收缩、近岸布局与区域聚拢的特征。在依托地理邻近性形 成的区域一体化基础上，区域间互联互通的动力也正在发挥作用。随着斯里兰卡和智利等相继提出加入 申请、其他一些经济体表达加入兴趣，RCEP展现出从区域安排向跨区域安排升级的预期潜力。未来， 可进一步依托RCEP，深化面向外部的区域一体化，构建以亚太大循环为主体，跨区域经济互联互通的 地区新发展格局。 RCEP的演进同时受到多股力量的共同作用。"美国-"刺激多边主义退缩。美国国内结构性调整压力持续 削弱其对外经济领导意愿，它在全球多边机构中更多体现出交易性质。无论政府如何更迭，华盛顿逐步 退出全球经济治理领导角色的趋势在短期内难以逆转。在此情况下，亚洲地区既难以依赖，也不应寄望 美国重回传统领导地位。而开放的亚洲将为非洲、北美和欧洲等其他地区带来积极效应，若RCEP推动 的改革与市场开放以多边方式拓展至成员国以外，其影响力将进一步扩大 ...

Core Insights - The "Winter Exchange Conference" successfully concluded in Taiyuan, Shanxi Province, marking the end of the "Four Seasons Exchange Conference" series aimed at fostering collaboration among enterprises [1][2] - The conference featured nearly 800 participating enterprises and focused on creating a platform for continuous interaction and cooperation between large, medium, and small enterprises [2][6] Group 1: Conference Overview - The event was co-hosted by multiple government departments, including the Shanxi Provincial Department of Industry and Information Technology and the Shanxi Provincial State-owned Assets Supervision and Administration Commission [1] - The conference included a keynote speech by Liu Yong, Deputy Director of the Shanxi Provincial Department of Industry and Information Technology, emphasizing the importance of ongoing collaboration and resource allocation to support high-quality economic development in Shanxi [2] Group 2: Key Activities and Sessions - The conference featured parallel sessions focusing on various topics, including technology transfer, investment and financing, coal machinery, and international market expansion [4][5] - Notable presentations included a discussion on the RCEP and other free trade agreements, providing enterprises with strategies for international market expansion and risk management [3] Group 3: Enterprise Participation and Needs - Major enterprises such as Shanxi Coking Coal Group and Huaxin Gas Group presented their key demands for 2026, focusing on technology development and collaborative efforts [2][6] - The event showcased 142 national-level specialized and innovative "little giant" enterprises and over 500 small and medium-sized enterprises, highlighting their capabilities and fostering connections between state-owned and private enterprises [6]

Group 1 - The core viewpoint emphasizes that unilateralism cannot genuinely earn the trust of trade partners, as pressure may yield short-term results but fails to foster sincere cooperation [1][4][6] - The recent bilateral communication between Malaysia and China regarding the "Malaysia-US Equitable Trade Agreement" highlights China's concerns over certain aspects of the agreement, urging Malaysia to consider its long-term interests [1][2] - The agreements signed by the Trump administration with ASEAN countries, including Malaysia, reflect a unilateral approach that distorts trade structures and promotes a zero-sum game mentality [2][4] Group 2 - The potential for trade fragmentation in Southeast Asia is mitigated by the countries' resistance to unilateral "equitable tariff" agreements, as they have benefited from cooperative economic development [5][6] - The cooperation in the rare earth sector between the US and Southeast Asian nations is questioned due to the lack of resources and processing capabilities in these countries, indicating a disconnect between political intentions and practical realities [5][6] - China's potential accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is projected to boost GDP growth for member countries and enhance trade relations, benefiting all parties involved [7][8] Group 3 - The deepening economic relationship between China and ASEAN is evident, with ASEAN becoming China's largest trading partner, showcasing the mutual benefits of trade liberalization [9][10] - China's infrastructure projects in Southeast Asia, such as railways, have significantly contributed to the region's economic development, demonstrating the strong interdependence between trade and infrastructure [10] - The resilience of the China-ASEAN supply chain is highlighted by the continued growth in trade despite external pressures, indicating a robust partnership that contrasts with unilateral approaches [10][11]

Core Insights - The core viewpoint of the news is that China's foreign trade demonstrates strong resilience and continues to grow despite external pressures, as evidenced by the increase in the issuance of various certificates by the national trade promotion system [1][3]. Group 1: Certificate Issuance - In October 2025, the national trade promotion system issued a total of 656,900 certificates, including certificates of origin and ATA carnets, representing a year-on-year growth of 7.48% [3]. - Among these, 342,000 were non-preferential certificates of origin, while 260,500 were preferential certificates of origin, and 30,099 were RCEP certificates of origin [6]. Group 2: Economic Impact - The issuance of RCEP certificates is expected to provide a tax reduction of approximately $1.3 million for Chinese products in RCEP member countries, indicating that the benefits from free trade agreements are being realized [6].

Core Insights - The Chinese foreign trade system has shown resilience under external pressures, with a year-on-year increase of 7.48% in the issuance of various certificates, including certificates of origin and ATA carnets, in October 2025 [2][5] Group 1 - In October 2025, a total of 656,900 certificates were issued by the national trade promotion system, reflecting a 7.48% increase compared to the previous year [2] - The breakdown of certificates includes 342,000 non-preferential certificates of origin, 260,500 preferential certificates of origin, and 30,099 RCEP certificates of origin [2] - The RCEP trade agreement is expected to provide a tax reduction of $1.3 million for Chinese products imported into RCEP member countries, indicating ongoing benefits from free trade agreements [5]

Core Insights - Hainan Free Trade Port is set to officially launch its full island closure operation on December 18, with significant attention from global southern media regarding its development progress [1][3] - The construction of Hainan Free Trade Port has seen substantial advancements over the past five years, with increasing openness, improved industrial systems, and enhanced development environments [3][4] Group 1: Economic Development - Hainan has positioned itself as a new frontier for China's opening up, a hub for regional cooperation, and a new engine for promoting economic globalization [3] - The province is implementing a unique customs supervision model that allows for zero tariffs on most imported goods, production equipment, and raw materials, significantly reducing operational costs for enterprises by nearly 20% [4][5] Group 2: Industry Collaboration - Hainan is building a modern industrial system characterized by "4+5+3+2" focusing on tropical agriculture, cross-border tourism, health care, and digital economy, which aligns well with the needs of global southern countries [5] - The region is exploring deep cooperation in sustainable development areas such as clean energy, ecological protection, and sustainable tourism, with international recognition of its climate governance model [5] Group 3: Trade Opportunities - The RCEP framework presents development opportunities, with increasing trade interactions with ASEAN countries, aiming for higher levels of goods and service trade openness by 2025 [5] - Hainan has established a cross-border e-commerce "dual tax exemption" policy system, facilitating lower-cost and more efficient customs clearance for products from global southern countries [5][6] Group 4: Media Engagement - The global southern media visit aims to deepen understanding of Hainan's full island closure operation policies and their implications for global trade and investment [6] - The initiative seeks to create an information bridge and practical cooperation platform between Hainan and global southern countries, enhancing international influence and collaborative momentum for Hainan Free Trade Port [6]

Core Insights - The total value of goods trade imports and exports in Shenyang reached 114.78 billion RMB in the first ten months of 2025, with exports hitting a record high of 53.77 billion RMB, marking an 11.6% year-on-year growth, surpassing the provincial average by 2 percentage points [1] - Despite a decline in imports due to factors like bulk commodities, the overall decrease has narrowed by 2 percentage points compared to the previous nine months, indicating a stabilizing trend [1] Trade Structure Highlights - General trade, characterized by greater autonomy, dominates Shenyang's foreign trade, accounting for over 80% of the total import and export value, serving as a stabilizing force in the trade structure [1] - Private enterprises showed remarkable growth with a 36.2% year-on-year increase in imports and exports, significantly contributing to the overall growth alongside state-owned enterprises, which grew by 14.7% [1] Trade Partnerships and Product Insights - Shenyang's trade partners have become more diverse, with stable growth in trade with ASEAN countries, Belt and Road Initiative countries, and RCEP partners, including a trade value of 56 billion RMB with Belt and Road countries, growing by 4.6%, and 20.12 billion RMB with RCEP partners, growing by 8% [2] - The export product list from Shenyang is notable, with electromechanical products remaining the mainstay, particularly a 39.7% increase in electrical equipment exports and steady growth in automotive parts, showcasing Shenyang's advantages in related industrial chains [2] - Labor-intensive products have emerged as a surprising contributor to export growth, with an impressive increase of 86.4%, while imports of agricultural products and pharmaceuticals have also seen double-digit growth, meeting the rising domestic market demand [2]

Core Insights - In the first ten months of this year, Shenyang's total import and export value reached 114.78 billion RMB, with exports hitting a record high of 53.77 billion RMB, marking an 11.6% year-on-year increase, surpassing the provincial average growth rate by 2 percentage points [1] Group 1: Trade Performance - The overall import and export performance of Shenyang shows steady progress despite external pressures, with a notable narrowing of the decline in imports by 2 percentage points compared to the previous nine months [1] - General trade, characterized by greater autonomy, dominates Shenyang's foreign trade structure, accounting for over 80% of the total import and export value [1] - Private enterprises exhibited remarkable growth, with a year-on-year increase in import and export value of 36.2%, significantly outpacing the 14.7% growth of state-owned enterprises [1] Group 2: Trade Partners and Market Diversification - Shenyang's trade partnerships have become more diversified, with stable growth in trade with ASEAN countries, Belt and Road Initiative countries, and RCEP partners, despite adjustments in traditional markets like the EU [2] - Trade with Belt and Road Initiative countries reached 56 billion RMB, growing by 4.6%, while trade with RCEP partners amounted to 20.12 billion RMB, increasing by 8% [2] Group 3: Export Composition - The export list from Shenyang highlights strong performance in electromechanical products, with electrical equipment exports surging by 39.7%, and automotive parts also showing growth, indicating Shenyang's advantages in relevant industrial chains [2] - Labor-intensive products emerged as a surprising contributor to export growth, with an impressive increase of 86.4% [2] Group 4: Import Trends - Despite an overall decline in the import of electromechanical products, imports of agricultural products and pharmaceuticals saw double-digit growth, reflecting the rising demand in the domestic market [2]

Core Insights - Hainan Free Trade Port is focusing on institutional openness to align with global high-standard economic and trade rules, aiming to become a new high ground for reform and opening up in China [1] Group 1: Institutional Openness - Hainan is actively integrating into the international economic and trade rule system, implementing the Regional Comprehensive Economic Partnership (RCEP) with high quality [1] - The province has introduced over 30 institutional measures that have been effectively implemented, aligning its policies with RCEP rules [1] Group 2: Unique Pilot Measures - Hainan has two unique pilot measures: "temporary export repair" and "temporary import repair," which have shown significant results, including tax exemptions [1] - By September 2025, Hainan enterprises are expected to utilize the "temporary import repair" for over 100 aircraft, with a total value exceeding 67 billion yuan [2] Group 3: Open Innovation Trials - The "remanufactured product import pilot" has achieved breakthroughs, with Hainan enterprises importing two remanufactured gearboxes for the first time in 2024 [2] - Reforms to eliminate local certification service requirements have attracted seven foreign certification agencies, boosting exports of local specialty products [2] Group 4: Future Goals - Hainan aims to become a significant gateway for China's new era of opening up, aligning with international high-level economic and trade rules [2]

Core Insights - The trade of agricultural and food products between China and ASEAN has seen significant growth, with bilateral trade reaching $51.3 billion in the first ten months of this year, a year-on-year increase of 8.9% [2][8] - China imported over $10 billion worth of fresh and dried fruits from ASEAN, accounting for more than two-thirds of its global imports [2][8] - The signing of the upgraded version 3.0 of the China-ASEAN Free Trade Area agreement is expected to inject new vitality into bilateral agricultural and food product trade [8] Trade Characteristics - The fruit trade, while a small part of the overall trade volume, is crucial due to its broad impact on consumers and farmers alike [3][4] - China has become the largest source of fruit imports for Indonesia, maintaining a market share of over 50% since 2017 [2][3] - The complementary nature of fruit varieties between China and ASEAN is a key feature, with China producing temperate fruits and ASEAN known for tropical fruits [3][4] Mechanisms and Logistics - Continuous improvement in cooperation mechanisms, logistics infrastructure, and technological advancements are driving the growth of fruit trade [4][5] - The opening of the China-Laos Railway has significantly enhanced the efficiency and cost-effectiveness of transporting agricultural products [5][6] - Digital economy developments are diversifying trade channels, with e-commerce platforms becoming increasingly important for fruit trade [6][7] Economic Integration - The fruit trade exemplifies deep economic integration and mutual benefit between China and ASEAN, with a target of importing $150 billion worth of quality agricultural products from ASEAN over five years [8][10] - The RCEP agreement has led to tariff reductions and simplified customs procedures, further facilitating trade [7][10] - The growth of the fruit trade is expected to continue, with an increase in variety and added value as market demand expands [10][11]