潮新闻客户端 通讯员 杨洋 今年以来，面对全球贸易环境的不确定性，宁波市镇海区出口企业展现强劲韧性。税收数据显示，1-10月全区出口总额达302.7亿元，同比增长5.3%。这份 逆势增长的成绩单背后，正是镇海区税务部门助力出口企业将合规理念深度嵌入经营日常，为企业"走出去"筑牢税务安全屏障。 宁波杜亚机电技术有限公司的窗帘电机产品，凭借标准化的罗马帘、香格里拉帘、蜂巢帘电机，长期占据欧美市场，深受当地客户青睐。然而今年上半年， 中美贸易摩擦升级令企业经营压力骤增，采购商纷纷缩减订单或转向替代供应商，直接导致美国订单的下滑。 由于企业生产的电机规格完全按欧美标准设计，若要转内销，需要耗费大量成本和精力来调整生产线和产品。因此，企业将目光对准了欧洲市场，设法开发 新客户。 同样面临海外市场转型挑战的，还有宁波家联科技股份有限公司。此前，该企业70%以上的外销订单依赖美国市场。去年以来，为优化全产业链布局、拓展 海外市场，企业在泰国投产了分公司，计划将其作为生产基地面向全球。转型的道路上，如何确保税务合规，成为企业财务负责人刘春波首要考虑的因素之 一。 早在规划到境外设厂之初，企业就围绕股权结构、资金路径、资产布局 ...

进口方面，呈现"生产性需求强劲，粮食、水产品需求升级"的双重特征。前10个月，深圳进口机电产品 1.2万亿元，增长8.5%，占同期深圳进口总值的（下同）81.6%。其中，进口集成电路6615.3亿元，增长 18.4%；进口以显卡、服务器为主的电脑零部件2427亿元，增长12.3%。反映出全球半导体市场复苏背 景下，深圳作为电子制造基地对高端芯片、核心零部件的刚性需求。同期，进口农产品822.6亿元，增 长10%，占5.6%。其中，粮食、食用水产品分别进口97.3亿元、92.7亿元，增长高达107.7%、36.2%。 数据显示，在全球贸易环境复杂多变、国内产业结构加速调整的背景下，深圳传统电子信息产业和新兴 产业相关产品出口逆势增长。其中，深圳机电产品出口延续主导地位，出口1.72万亿元，增长4%，占 比达75.7%。传统电子信息领域，电脑及其零部件、音视频设备及其零件分别出口2639.6亿元、755.9亿 元，分别增长9.6%、6.5%，增幅较高。新兴产业中，锂电池、3D打印机、医疗器械分别出口700.6亿 元、67.5亿元、251.2亿元，分别增长35.6%、19.8%、5.5%，成为出口增长的"新引擎"。 ...

Financial Data and Key Metrics Changes - In Q3 2025, the company generated revenue of $1.8 billion, a decrease of 36% year-over-year, primarily due to lower freight rates and volume [4][13] - Net income for Q3 was $123 million, down from $1.1 billion in the same quarter last year [20] - Adjusted EBITDA was $593 million with a margin of 33%, and adjusted EBIT was $260 million with a margin of 15%, compared to 55% and 45% respectively in Q3 2024 [19][20] - Total liquidity remained at $3 billion as of September 30, 2025 [4] Business Line Data and Key Metrics Changes - The average freight rate per TEU in Q3 was $1,602, down from $2,480 in Q3 2024 [14] - Carried volume in Q3 was 926,000 TEUs, a 4.5% decline year-over-year, but a 3.5% increase sequentially [20] - Revenues from non-containerized cargo totaled $78 million, down from $145 million in Q3 2024, attributed to lower volume and rates [14] Market Data and Key Metrics Changes - Trans-Pacific volume decreased by 1.5% year-over-year but increased by 17% sequentially [21] - Latin America trade volumes grew by 2.4% year-over-year [21] - The company noted ongoing geopolitical and trade tensions affecting the shipping industry [4] Company Strategy and Development Direction - The company is focusing on diversifying its network, particularly in Southeast Asia and Latin America, to capture new trade opportunities as global trade patterns evolve [7][8] - A significant charter agreement for 10 LNG dual-fuel vessels is expected to enhance operational flexibility and sustainability [9][10] - The company aims to maintain a modern fleet, with approximately 60% of its capacity being new builds and 40% LNG-powered [10] Management's Comments on Operating Environment and Future Outlook - Management expressed caution regarding the fourth quarter, expecting weaker performance than initially projected [5][6] - The reopening of the Suez Canal is anticipated to improve fleet efficiency but may also increase supply pressure on freight rates [12][25] - The company remains confident in its strategy and competitive position despite ongoing market volatility [10][11] Other Important Information - The board declared a dividend of $0.31 per share, totaling approximately $37 million, representing 30% of Q3 net income [5] - Total dividends distributed since the IPO amount to approximately $5.7 billion, reflecting a strong commitment to returning capital to shareholders [5][48] Q&A Session Summary Question: Management buyout discussions - Management stated that there are no comments on the potential management buyout, and the board will decide on any related matters [28][30] Question: Return to the Red Sea - Management confirmed plans to return to the Red Sea and Suez Canal as soon as insurance approvals are obtained [32][44] Question: Dividend policy during negative net income - Management reiterated the dividend policy of distributing 30% of net profit quarterly, with the possibility of special dividends at the board's discretion [39][42] Question: Cost expectations for 2026 - Management indicated that costs would likely remain under pressure due to the current market dynamics and the need to redeliver older vessels [34][35] Question: Route profitability and capacity adjustments - Management noted that profitability varies by route and emphasized the importance of reliability in service as they expand into new markets [66][68]

这个狭窄、脆弱的水域，不仅是全球能源供应的关键，还是中东地区政治博弈的核心，就在全球油气运 输的动脉上，发生了一起令国际社会震惊的事件：伊朗革命卫队扣押了一艘国际油轮，并将其引至伊朗 水域。 前言 最近，世界最重要的航运通道——霍尔木兹海峡，再度成为全球关注的焦点。 这一事件不仅让伊朗与美国的紧张局势进一步升温，也让全球市场为之一震，美国立刻做出强烈回应， 表示将不惜一切代价保护在该地区的航运安全。 这场危机究竟意味着什么？它将如何影响全球经济和中东地区的安全格局？接下来，我们就来一探究 竟。 伊朗扣押油轮：一场引发全球震动的行动 伊朗革命卫队最近在霍尔木兹海峡实施了军事行动，扣押了悬挂马绍尔群岛旗帜的油轮MV Talara，事 情的经过简直像是一场电影般的上演：一架伊朗军用直升机出现在这艘商船上。 武装人员迅速登船，控制了船只，并强行将油轮引到伊朗港口，这一举动迅速引发了美国的强烈反应， 华盛顿认为这是对国际法的公然挑战，直接威胁到全球航运安全。 为什么这件事如此严重？首先，霍尔木兹海峡是全球能源供应的一个关键节点，每天，有约20%的全球 石油和液化天然气经过这里，任何在这个地区发生的冲突，都会直接影响全球 ...

Core Insights - The China International Import Expo (CIIE) serves as a significant platform for global products to enter the Chinese market, showcasing unique items from various countries and facilitating connections between international businesses and Chinese consumers [2][6][25] Group 1: Product Highlights - Malaysian company Jiasin Foods introduced natural dried fruits at CIIE, emphasizing the importance of ingredient transparency to Chinese consumers, particularly younger generations [5] - German company WEDO showcased high-tech titanium alloy tools, highlighting their applications in medical and aerospace fields, with prices significantly higher than standard tools due to advanced manufacturing processes [7][8] - Argentine beef producers leveraged CIIE to connect with Chinese consumers, adapting their products to meet local preferences, such as offering smaller packaging and collagen-rich cuts [13][16] Group 2: Market Opportunities - CIIE provides a unique opportunity for lesser-known global brands to reach Chinese consumers, transforming from exhibitors to potential investors [6][8] - Medtronic, a long-time participant, has evolved from a product exhibitor to an investor in local startups, reflecting the changing dynamics of the medical device industry in China [10][11] - Rwandan coffee producers are seeking long-term partnerships in China, indicating a growing interest in African products within the Chinese market [18][19] Group 3: Economic Impact - The CIIE has significantly influenced the sales and market strategies of international companies, with New Zealand's Zespri reporting a doubling of sales in China over eight years, reaching over 4.3 billion yuan in revenue [23][24] - The event is fostering deeper agricultural cooperation between China and Africa, moving from simple trade to building modern agricultural value chains [20][22]

Core Insights - The resilience of the Chinese economy is alleviating concerns for shipping companies amid the significant impact of President Trump's tariff policies on global trade [1] - Maersk Group's CEO, Vincent Clerc, emphasized that China is a "engine of stability and demand," capable of boosting global trade [1] - Maersk has raised its annual profit forecast due to strong consumer demand, despite the ongoing restructuring of supply chains [1] Company Performance - Maersk's Q3 financial results exceeded analyst expectations, with EBITDA declining 44% year-over-year to $2.69 billion, surpassing the forecast of $2.58 billion [2] - Revenue for Maersk fell 10% year-over-year to $14.2 billion, also above the expected $13.8 billion [2] - The company now anticipates EBITDA for the year to be between $9 billion and $9.5 billion, raising the lower end of its previous forecast [2] Market Outlook - Maersk expects global container shipping volume to grow by 4% this year, up from a prior estimate of 2% to 4% [1] - Despite the potential decline in shipping rates due to increased competition, demand for containers remains strong, particularly from China [2] - The Oxford Economics report predicts that China's exports to the U.S. may decrease by 18% by 2026, but global container trade is expected to grow by over 2% annually as production shifts across Asia [4]

Core Points - The "Shared Big Market · Export to China" initiative has been officially launched, representing a concrete measure to actively expand autonomous openness in China [1] - This initiative has received widespread praise from international organization leaders, foreign trade promotion agencies, and representatives from participating companies at the China International Import Expo [1] - China's role as a global trade stabilizer and cooperation platform is increasingly recognized, showcasing its commitment to open trade through tangible actions rather than mere rhetoric [1][2] Group 1 - The initiative is seen as a strong signal to the global business community that China is not only a vast consumer market but also a platform for win-win cooperation through institutional innovation [1] - The initiative aims to promote inclusive global economic development, with the Ministry of Commerce emphasizing the importance of maintaining free trade and multilateral trade systems [2] - The initiative is expected to create opportunities for small and medium-sized enterprises (SMEs) from developing countries, allowing them to participate actively in global trade [2] Group 2 - China's experience in rapid deployment of renewable energy infrastructure serves as a reference model for international markets, aiding other countries in achieving net-zero goals [3] - There are significant mutually beneficial cooperation opportunities from both import and export perspectives, facilitating a process of experience sharing and mutual learning [3]

Core Viewpoint - The eighth Hongqiao International Economic Forum focuses on the role of free trade zones in promoting industrial innovation and global trade [1] Group 1 - The forum is held at the National Exhibition and Convention Center in Shanghai on November 5 [1]

Core Viewpoint - The article discusses how China actively participated in shaping globalization through historical trade practices, particularly during the 16th and 17th centuries, highlighting the significance of the "silk and silver flow" trade system between China and Western countries [1][4]. Group 1: Historical Trade Dynamics - The "silk and silver flow" refers to the trade relationship between China and Western nations during the 16th and 17th centuries, where Chinese silk and porcelain were exchanged for silver from the Americas [1]. - Fujian merchants played a crucial role in establishing trade routes to Manila, which became a hub for global trade, attracting ships from various regions and significantly increasing global trade volume [5][7]. - The trade activities of Fujian merchants in Manila connected the region closely with China's southeastern coast, despite the lack of official trade agreements between Spain and the Ming Dynasty [7][11]. Group 2: Economic and Cultural Impact - The international trade of precious metals and luxury goods intensified competition among European powers, leading to a shift in global economic dynamics, with Spain and Portugal losing dominance to emerging powers like the Netherlands and England [11]. - The cross-cultural trade during this period not only involved economic interests but also required an understanding of diverse cultural characteristics, fostering unprecedented cultural exchanges across the globe [11]. - The article emphasizes that the trade practices of the time laid the groundwork for China's eventual return to a central economic position in the global landscape, as evidenced by its historical significance in the 18th century [12][13]. Group 3: Modern Implications - Since the reform and opening-up, China has emerged as a significant player in globalization, with its integration into the global economy becoming increasingly diverse and impactful [13]. - The principle of mutual benefit and win-win cooperation is highlighted as a key factor for China's role in supporting regions excluded from the global value chain [13].

Core Insights - FedEx announced the addition of five new weekly cargo flights connecting China and Paris, France, to enhance its global network coverage and support trade between Asia and Europe [1][2] - The new flights will help Asian businesses connect more quickly and reliably to European markets, especially during the peak holiday shopping season [1] - The flights will operate from FedEx's major hubs in Guangzhou and Shanghai, using Boeing 777 freighters to link to the FedEx European hub at Charles de Gaulle Airport in Paris [1] Group 1 - The new flights reflect FedEx's commitment to promoting trade development between Asia and Europe, facilitating logistics for sectors such as e-commerce, manufacturing, high-tech, and retail [1] - In the first half of this year, China's total import and export volume with the EU reached 2.82 trillion yuan, a year-on-year increase of 3.5%, with the EU remaining China's second-largest trading partner [1] - The integration of supply chains between China and Europe is accelerating, with significant growth in exports of automotive parts, textiles, home appliances, and laptops from China to the EU [1] Group 2 - FedEx's China President highlighted the increasing importance of the European market in the global strategies of Chinese companies, emphasizing the need for enhanced logistics capabilities [2] - With the new flights, FedEx now operates 26 weekly flights from the Asia-Pacific region to Europe, with delivery times as fast as 48 hours to major European markets [2] - FedEx has established a robust logistics network in China with six operational centers and three major air logistics hubs in Europe, further strengthened by the recent opening of the Istanbul global air hub [2]