Group 1 - The core viewpoint of the news is the successful export of pre-packaged food from Kunming to Myanmar using the market procurement trade model, which simplifies the export process compared to traditional trade methods [1][2] - The first batch of pre-packaged food, valued at approximately 20,000 yuan, was exported through the Kunming New Luosiwan Customs Inspection Center, marking a significant milestone for Kunming's market procurement trade [1] - The market procurement trade model allows for inspection and regulation at the procurement site, enabling businesses to declare and inspect various pre-packaged foods from different origins in one go, enhancing operational efficiency [1] Group 2 - Since the approval of the Kunming Junfa New Luosiwan International Trade City as a pilot for market procurement trade in September 2020, over 4,330 enterprises in Kunming have engaged in foreign trade using this model [2] - In the first seven months of this year, the total export value of goods through market procurement trade from Kunming reached 58 million yuan [2] - The establishment of a coordination mechanism among customs, commerce, and market regulation departments has facilitated seamless integration of data and processes for export, making it more efficient [2]

Core Insights - The first market procurement trade export of cosmetics in South China has been successfully implemented in Guangzhou, marking a significant step in the innovative development of market procurement trade [1][2] - The market procurement trade method is designed for small and medium-sized enterprises, allowing for "lightweight" export paths that simplify declaration processes, enhance customs efficiency, and reduce trade costs [1][2] Group 1: Market Procurement Trade - The market procurement trade method allows for single customs declaration goods valued at $150,000 or less, catering to the demand for "multi-variety, small-batch, and multiple shipments" in small commodity exports [1] - This method effectively addresses the challenges of exporting cosmetics without invoices and streamlines the customs process [1] Group 2: Guangzhou's Cosmetics Industry - Guangzhou is a core cluster for China's cosmetics industry, with nearly 2,000 production enterprises and an annual output value exceeding 100 billion yuan, ranking first in the country [2] - The city is expected to become the largest exporter of beauty and personal care products in China by 2024, supported by its extensive distribution network and manufacturing bases [2] - The successful implementation of this export model provides new channels for cosmetics companies to expand internationally and stimulates new momentum for foreign trade development in Guangdong [2]

Core Insights - Guangzhou has successfully exported cosmetics for the first time through market procurement trade, marking a significant step in the innovative development of market procurement trade [1][2] - The market procurement trade method is designed for small-scale exports, simplifying the declaration process, improving customs efficiency, and reducing trade costs, particularly benefiting small and medium-sized enterprises in the cosmetics industry [1][2] Group 1 - Guangzhou is a core cluster for the cosmetics industry in China, with nearly 2,000 production enterprises and an annual output value exceeding 100 billion yuan, ranking first in the country [2] - The city is expected to become the largest exporter of beauty and personal care products in China by 2024, supported by its extensive distribution network and manufacturing bases [2] - The first market procurement trade export of cosmetics in South China provides a new channel for cosmetics companies to expand internationally and stimulates new momentum for foreign trade development in Guangdong [2] Group 2 - Guangzhou Zhonggangtong Import and Export Trade Co., Ltd. is one of the first companies to utilize this new policy, indicating strong demand among local production enterprises [2] - The Guangzhou Municipal Bureau of Commerce, along with other regulatory bodies, has strengthened the comprehensive regulatory system for cosmetics exports, enhancing cooperation between customs and local authorities to support the cosmetics industry [2]

Core Insights - Guangzhou has successfully exported cosmetics for the first time through market procurement trade, with a shipment valued at $35,000 containing over 2,000 items [1] - The market procurement model aligns well with international purchasing habits and effectively addresses the challenges of exporting non-invoiced cosmetics, leading to a significant increase in exports [1][3] - In the first half of the year, Guangzhou's market procurement trade exports grew by 81.5% year-on-year [1] Group 1: Industry Development - Guangzhou is home to major cosmetic production districts, including Baiyun, Huadu, and Huangpu, which collectively account for one-third of the national cosmetic output [3] - The city aims to enhance the export of beauty products to meet the diverse and frequent purchasing needs of international buyers [3][6] - Guangzhou's cosmetic industry is characterized by a substantial market potential, with a target of achieving a trillion yuan in output value [3] Group 2: Regulatory and Support Framework - Guangzhou Customs has implemented a risk assessment strategy tailored to the diverse needs of the cosmetic industry, creating a list of permissible export countries and product categories [6] - The pilot program currently covers nine major categories of cosmetics, with a focus on ensuring safety while promoting development [6] - The Guangzhou government is committed to fostering a favorable regulatory environment for new business models and enhancing the efficiency of oversight [6] Group 3: Market Dynamics - Guangzhou Meibo City is the largest professional wholesale market for beauty products in China, attracting thousands of overseas buyers annually for one-stop purchasing [4] - The market caters to local supermarkets and beauty salons, fulfilling personalized trade demands through the market procurement trade model [4] - The successful export of popular products like shampoos demonstrates the effectiveness of the new trade model in meeting customer needs [4]

Core Insights - The export value of pre-packaged food through market procurement trade in Guangzhou exceeded 26.48 million yuan (approximately 2.648 million) in the first half of the year, primarily targeting countries such as Thailand, Malaysia, the Philippines, Brunei, Vietnam, and the UAE [1][3] Group 1: Market Procurement Trade - The pilot program for exporting pre-packaged food via market procurement trade was launched in Guangzhou in February, leading to a rapid increase in participating companies to over 500 and expanding product categories to 10 [3] - The new regulatory model established by Guangzhou Customs includes a streamlined process with one set of procedures, two lists of customs clearance, and three relaxations, enhancing efficiency and reducing costs for exporters [2][3] Group 2: Operational Efficiency - The market procurement trade method allows for low-cost and high-efficiency exports, with a single customs declaration often involving dozens of different pre-packaged food items, significantly simplifying the export process [2] - The cost savings for exporters are notable, with individual container clearance costs reduced by over 6,000 yuan (approximately 600) due to the new system [2] Group 3: Future Developments - Guangzhou Customs plans to gradually expand the range of pre-packaged food production areas, export categories, and destination countries to promote the sustainable and healthy development of market procurement trade [3]

Group 1 - The third Jinfang New Luoshu Bay International Procurement Festival was inaugurated in Kunming, emphasizing the theme "Crossing the Commercial Sea, Trade Connecting All Directions" and aims to build a trade hub radiating South Asia and Southeast Asia [1][6][29] - The event is part of the 9th China-South Asia Expo series, gathering global merchants to promote open trade and cooperation [1][29] - The festival will last for five days from June 20 to June 24, attracting global buyers and showcasing Yunnan's role as a key player in international trade [29] Group 2 - Yunnan's development relies on openness and cooperation, as highlighted by the remarks from the Yunnan Provincial Department of Commerce [5] - Jinfang New Luoshu Bay is transitioning from a traditional market to an international trade hub, leveraging online and offline strategies to create a comprehensive industrial ecosystem [8] - The platform is seen as a testing ground for new productive forces, inviting global merchants to engage in trade through Yunnan [12] Group 3 - A series of strategic cooperation agreements were signed during the opening ceremony, aimed at driving industrial upgrades and regional economic growth [13] - Collaborations include building logistics networks with Desheng Group and creating new consumption clusters through partnerships with various organizations [15][17] - The event also features a live streaming competition to promote products and enhance digital trade [22] Group 4 - The festival serves as a cultural exchange platform, featuring a variety of cultural performances and exhibitions to showcase Yunnan's charm and facilitate cultural connections between China and South Asia/Southeast Asia [27][24] - The successful launch of the festival marks a new starting point for deeper cooperation and higher-level openness for Jinfang New Luoshu Bay [29]

Industry Overview - The Shiling Town in Guangzhou has over 13,000 bag and leather goods manufacturing enterprises and more than 63,000 related individual businesses, producing over 700 million bags annually, capturing over 60% of the European and American bag market share [1] - The local bag manufacturing companies are facing challenges due to increased tariffs from the U.S. and a complex foreign trade environment [1] Company Performance - Companies like He Da Leather Goods have seen a significant reduction in shipment volumes, from potentially 20,000 bags per week to only 1,000 to 2,000 bags per week due to tariff impacts [4][5] - He Da Leather Goods has 70% of its export share concentrated in the U.S. market, and the rising shipping costs have added an average of $4 to $6 per bag [5] Strategic Adaptation - The president of the Guangzhou Shiling Leather Goods Chamber of Commerce, Song Wenming, emphasizes that Chinese leather goods hold an indispensable position in the global supply chain, and many entrepreneurs are now focusing on brand development [7] - Companies are increasingly investing in their own brands while leveraging experience gained from manufacturing for international brands [8][10] Market Dynamics - Guangzhou has established five major wholesale markets and seven industrial parks, creating a complete industrial ecosystem that supports the bag and leather goods industry [12] - The market procurement policy has been beneficial for small and micro businesses, with exports reaching 3.29 billion yuan in the first four months of the year, a year-on-year increase of 66.5% [16] Innovation and Design - Companies are focusing on enhancing their original design capabilities to meet international market demands, with some firms reporting increased inquiries from overseas clients [20]