Core Insights - During the "14th Five-Year Plan" period, China's customs has achieved an average annual supervision of 5.2 billion tons of import and export goods, with a total value of 41.5 trillion yuan, making it the largest in the world [3][4] - The customs authority has added and expanded 40 open ports, bringing the total to 311, and has implemented 964 items across 25 categories for cross-border trade facilitation [3][4] Customs Development - The customs modernization has made significant progress, enhancing regulatory efficiency and service levels, which supports high-quality development and high-level opening up [4][5] - The "One Port Pass" regulatory model in the Guangdong-Hong Kong-Macao Greater Bay Area has reduced cargo transfer time from 5-7 days to 2-3 days [5] Trade Facilitation - Cross-border trade facilitation is essential for high-level opening up and optimizing the business environment, with 108 reform measures introduced during the "14th Five-Year Plan" [5][6] - The customs has implemented a 7×24 hour appointment system for customs clearance and integrated with 30 departments for a "single window" service [5][6] Port Capacity and Structure - As of now, China has 125 water transport ports, 85 air transport ports, and 101 land transport ports, with significant increases in cargo volumes expected [7][8] - Special customs supervision areas have been established, contributing to one-fifth of the total import and export value while covering less than 0.01% of the national territory [7][8] New Trade Dynamics - The customs has innovated regulatory models for cross-border e-commerce and bonded warehouses, leading to a 2.6 times increase in the export of "new three samples" by 2024 compared to 2020 [9][10] - The protection of intellectual property rights has become a focus, with nearly 20,000 new rights holders registered during the "14th Five-Year Plan" [10]

Core Viewpoint - The article highlights the achievements of China's customs in ensuring national security and promoting high-quality development during the "14th Five-Year Plan" period, emphasizing the significant increase in trade volume and the expansion of open ports. Group 1: Trade Volume and Port Expansion - Since the beginning of the "14th Five-Year Plan," customs have regulated an average of 5.2 billion tons of import and export goods annually, with a total value of 41.5 trillion yuan, making it the largest globally [2] - A total of 40 new and expanded open ports have been established, bringing the total to 311, creating a comprehensive open port layout across land, sea, and air [2][11] - The import and export volume with Belt and Road Initiative partners reached 22 trillion yuan in 2024, accounting for over half of total trade, with annual growth rates exceeding 10% for emerging markets [3][8] Group 2: Innovation and Regulatory Measures - New regulatory models for cross-border e-commerce, overseas warehouses, and bonded services have been introduced, enhancing regional coordinated development and improving the safety and stability of supply chains [3] - Customs signed 519 cooperation documents to enhance trade security and convenience, reflecting a commitment to multilateral trade systems and opposition to unilateralism [8][9] Group 3: Anti-Smuggling and Crime Prevention - Customs have investigated 3,032 drug smuggling cases, seizing 15.7 tons of various drugs, demonstrating a strong stance against drug smuggling [4][14] - The smuggling of solid waste has significantly decreased, with a 96% reduction in the weight of verified solid waste compared to 2020 [5] - A total of 2.3 million smuggling cases have been handled, with a total value of nearly 480 billion yuan, including significant actions against smuggling of endangered species and intellectual property violations [14][15] Group 4: Knowledge Property Protection - Customs have intercepted 1.83 million counterfeit products this year, showcasing efforts to protect intellectual property rights [13][16] - The introduction of information technology has facilitated the registration and protection of intellectual property rights, benefiting nearly 20,000 new rights holders [15][16]

Core Viewpoint - The article discusses the rise of counterfeit products related to the popular Chinese toy brand Labubu and highlights the efforts of Chinese customs to protect intellectual property rights by intercepting infringing goods at borders [6][8][11]. Group 1: Intellectual Property Protection - The General Administration of Customs reported that in the first half of the year, customs seized 11,000 batches and 38.675 million items suspected of infringing intellectual property rights [6]. - Customs employs two main enforcement modes: application-based protection and proactive protection, allowing rights holders to request the detention of suspected infringing goods [8][14]. - The article emphasizes the importance of customs in maintaining market order and protecting the reputation of Chinese brands globally [8][11]. Group 2: Counterfeit Product Issues - The popularity of Labubu has led to an increase in counterfeit products, with customs officials noting a trend of these products moving overseas [6][8]. - Specific examples include a case where Guangzhou customs intercepted a shipment of plush toys falsely labeled as Labubu, which were confirmed to infringe on intellectual property rights [7][10]. - The article highlights the negative impact of counterfeit products on legitimate sales and brand reputation, particularly for Chinese brands expanding internationally [8][11]. Group 3: Customs Enforcement Techniques - Customs has implemented advanced technologies, such as image recognition systems, to enhance the detection of counterfeit goods, transitioning from manual inspection to machine-assisted identification [9]. - The article mentions that customs officials are trained to identify key features of genuine Labubu products, such as craftsmanship and labeling [8][9]. - Various customs offices, including Tianjin and Nanning, have developed specific strategies to target high-risk categories of goods that are prone to infringement [9][10]. Group 4: Market Environment and Brand Protection - The article discusses how timely interception of counterfeit goods by customs protects the legitimate rights of companies and supports the growth of small and medium enterprises [11][12]. - It highlights the case of a local brand, Izhaar, which benefited from customs intervention against counterfeit products, allowing it to focus on product quality and export planning [12][13]. - The overall message underscores the role of customs in fostering a favorable business environment and enhancing the confidence of rights holders in China's intellectual property protection system [14][15].

Core Viewpoint - The influence of domestic cultural trends is expanding, with products like LABUBU from Pop Mart becoming popular globally, while issues of infringement and counterfeiting are increasingly prominent [1][2]. Group 1: Market Performance - In the first four months of this year, China's exports of dolls and animal toys exceeded 13.31 billion yuan, marking a 9.6% increase [1]. - In the first five months of this year, Pop Mart's exports reached 1.69 billion yuan, a year-on-year growth of 405.7% [2]. Group 2: Infringement Issues - In June alone, customs across the country reported over 20 cases of infringement related to Pop Mart [1]. - Beijing Customs has seized over 30,000 suspected infringing Pop Mart goods this year, with 22,500 items confiscated in June [1]. - The Deputy Director of the General Administration of Customs reported that in the first half of the year, customs nationwide seized 11,000 batches of suspected infringing goods, totaling 38.675 million items [1]. Group 3: Consumer Safety and Awareness - Counterfeit LABUBU products may pose health risks due to harmful substances like formaldehyde and heavy metals, urging consumers to purchase from legitimate sources [2]. Group 4: Intellectual Property Protection - Since 1994, China has implemented customs protection for intellectual property rights, actively participating in global governance [3]. - In the first half of this year, Beijing saw 787 new applications for customs protection of intellectual property rights, surpassing the total for the entire year of 2024 [3]. - The customs authority is enhancing its regulatory efficiency and service levels to support more Chinese brands in expanding internationally [3].

Core Insights - China's foreign trade achieved a record high of 21.79 trillion yuan in the first half of the year, marking a year-on-year growth of 2.9% [1] - Exports reached 13 trillion yuan, growing by 7.2%, while imports totaled 8.79 trillion yuan, declining by 2.7% [1][2] Group 1: Trade Performance - The import and export scale stabilized above 20 trillion yuan, with a historical high for the same period [1] - In Q2, the year-on-year growth of imports and exports accelerated to 4.5%, a 3.2 percentage point increase from Q1 [1][5] - All three indicators of trade—total trade, exports, and imports—showed positive growth in June, indicating a more robust trend [1] Group 2: Export Dynamics - Exports surpassed 13 trillion yuan for the first time in history, with significant contributions from private, foreign, and state-owned enterprises [2] - High-tech product exports grew by 9.2%, maintaining a nine-month growth streak, with self-owned brands accounting for 32.4% of exports [2][5] - Emerging markets such as ASEAN, Central Asia, and Africa saw double-digit growth in exports, with specific products like machine tools and agricultural machinery driving this growth [2] Group 3: Import Trends - Imports totaled 8.79 trillion yuan, with a decline attributed to falling international commodity prices, particularly for crude oil, soybeans, and iron ore [3] - Despite the overall decline, Q2 saw a return to positive growth in imports, driven by increased domestic demand and a recovery in manufacturing [3][5] - The manufacturing PMI's recovery contributed to higher imports of high-end machine tools and electronic components [3] Group 4: U.S.-China Trade Relations - Trade with the U.S. decreased by 9.3% to 2.08 trillion yuan, with exports down by 9.9% and imports down by 7.7% due to "reciprocal tariffs" [4] - In June, trade values showed signs of recovery, with a notable increase from May, indicating a narrowing of the year-on-year decline [4] Group 5: Innovation and Market Expansion - China's foreign trade is becoming more diversified, with trade with Belt and Road Initiative countries growing by 4.7% [5] - The share of high-tech products in exports is increasing, reflecting China's role in global green transformation [5] - The export of industrial robots surged by 61.5%, highlighting the innovation in China's robotics industry [5]

Core Viewpoint - China's foreign trade showed resilience in the first half of the year, with a total import and export value of 21.79 trillion yuan, a year-on-year increase of 2.9%, driven by a 7.2% growth in exports despite a 2.7% decline in imports [1][2]. Group 1: Trade Performance - In June, the monthly import and export scale reached 3.85 trillion yuan, marking a 5.2% increase and the second-highest monthly trade volume in history [2]. - The total import and export value has remained above 10 trillion yuan for nine consecutive quarters, with an increase of over 600 billion yuan compared to the same period last year [3]. - The quality of foreign trade is improving, with a focus on high-quality green products and new market opportunities [4]. Group 2: Export Growth - Exports of lithium batteries and wind turbine generators grew by over 20%, while industrial robot exports surged by 61.5% [5]. - China expanded its trade partnerships, achieving growth in trade with over 190 countries and regions, with significant increases in trade with Africa (14.4% growth) and Central Asia (13.8% growth) [5]. Group 3: Import Trends - The negative growth in imports was primarily influenced by falling commodity prices, with crude oil, iron ore, and soybeans seeing price declines of over 10% [6][7]. - Despite the overall decline, there was a rebound in imports in the second quarter, driven by increased domestic demand and a rise in the import of high-end machinery and consumer goods [7]. Group 4: Role of Private Enterprises - Private enterprises have led foreign trade, with their import and export scale surpassing 12 trillion yuan for the first time in history, outpacing the national average growth rate by 4.4 percentage points [8][9]. - Over 80% of specialized "little giant" enterprises in foreign trade are private, indicating strong innovation and development quality [10]. Group 5: Foreign Investment - Foreign enterprises in China maintained a steady growth in trade, with a total import and export value of 6.32 trillion yuan, a 2.4% increase [14]. - The number of foreign enterprises engaged in trade reached a new high since 2021, reflecting China's attractiveness as a stable investment destination [14]. Group 6: Sino-U.S. Trade Relations - Trade with the U.S. saw a decline, with a total value of 2.08 trillion yuan, down 9.3%, influenced by tariff policies [15]. - Recent trade talks have shown positive developments, with a recovery in trade values observed in June [15].

Core Points - In the first half of 2025, China's total goods trade import and export reached 21.79 trillion yuan, a year-on-year increase of 2.9% [1] - Exports amounted to 13 trillion yuan, growing by 7.2%, while imports were 8.79 trillion yuan, decreasing by 2.7% [1] Group 1: Trade Growth and Trends - The scale of foreign trade has shown stable growth, with the import and export volume maintaining above 20 trillion yuan, marking a historical high for the same period [1] - In the second quarter, the year-on-year growth of imports and exports accelerated to 4.5%, an increase of 3.2 percentage points compared to the first quarter [1] - The number of foreign trade enterprises with import and export performance reached 628,000, surpassing 600,000 for the first time in history, an increase of 43,000 year-on-year [2] Group 2: Export Dynamics - The export of electromechanical products reached 7.8 trillion yuan, growing by 9.5%, accounting for 60% of total exports [2] - High-end equipment related to new productive forces saw growth exceeding 20%, while "new three types" products representing green and low-carbon growth increased by 12.7% [2] - The export of high-tech products grew by 9.2%, maintaining growth for nine consecutive months, with significant increases in high-end machine tools and marine engineering equipment [12] Group 3: Import Trends - Domestic demand expansion has stabilized imports, with significant growth in imports of petrochemical and textile machinery, as well as key electronic components [2] - The import volume of crude oil and metal ores increased, reflecting a recovery in demand [2] Group 4: Trade Relations - Trade with the United States saw a decline, with total trade value at 2.08 trillion yuan, down 9.3% year-on-year, influenced by "reciprocal tariffs" [3] - Despite challenges, trade with over 190 countries and regions increased, with significant growth in trade with Africa and Central Asia [4] Group 5: Regional Contributions - The five major provinces (Guangdong, Jiangsu, Zhejiang, Shanghai, Shandong) accounted for 64.1% of the national import and export total, growing by 4.8% year-on-year [13] - These provinces contributed nearly 60% of the national export increase [13] Group 6: Container Handling and Logistics - The container handling volume for water transport reached 67.41 million TEUs, an increase of 11.3% [9] - Innovations in regulatory models for import and export goods have been implemented to enhance efficiency [9] Group 7: Future Initiatives - China plans to implement zero tariffs for 53 African countries, aiming to leverage its large market for mutual development [10]

Core Viewpoint - China's toy exports, particularly figurines and animal toys, have gained significant popularity in the global market, with exports surpassing 13.3 billion yuan in the first four months of the year, reflecting a growth rate of 9.6% [1] Group 1: Export Performance - In the first four months of the year, China's exports of dolls and animal toys reached 13.3 billion yuan, marking a 9.6% increase compared to the previous period [1] Group 2: Intellectual Property Protection - The recent popularity of the "Labubu" toy has highlighted the role of customs in intellectual property protection, which involves the proactive inspection and detention of suspected infringing goods at borders [1] - In the first half of the year, customs authorities seized 11,000 batches and 38.675 million items suspected of infringement, including counterfeit "Labubu" toys [1] - The authenticity of "Labubu" can be determined by examining the number of teeth, with the genuine version having nine sharp teeth, while counterfeits often have discrepancies due to mold errors [1]

Core Insights - The report highlights the continuous efforts of Chinese customs in strengthening intellectual property protection, with a total of 53,200 protective measures implemented in 2024, resulting in the detention of 41,600 batches and over 81.6 million items suspected of infringement [1] Group 1: Intellectual Property Protection Measures - In 2024, there was a significant increase in the number of rights holders utilizing customs protection, with 4,836 applications for customs protection registration, leading to 4,516 approved registrations, marking an 11.4% year-on-year growth [2] - The total number of intellectual property protection applications received reached 29,541, with 21,614 approved, including 16,034 from domestic rights holders, reflecting a 24.19% increase [2] Group 2: Enforcement and Detention Statistics - The enforcement actions primarily focused on trademark rights, with 41,300 batches and over 76.39 million items detained for suspected trademark infringement, accounting for 99.5% and 93.57% of total detentions respectively [4] - In terms of export protection, customs detained 41,200 batches and over 80.33 million items, representing 99.17% and 98.41% of total detentions, while import detentions saw a decline of 34.16% and 26.52% [5] Group 3: Emerging Business Models and Regional Enforcement - Customs enforcement in emerging business models like cross-border e-commerce showed significant growth, with 25,300 batches and over 20.27 million items detained, making it the most active enforcement channel in 2024 [6] - Customs in eastern coastal regions accounted for 76% of total detentions, while enforcement capabilities in central and western regions are steadily improving, with some areas seeing a doubling in detention numbers [7] Group 4: Types of Infringing Goods - The structure of infringing goods remained largely unchanged, with clothing and footwear, electronics, and leather goods being the top three categories by batch count, while electronics, sports equipment, and tobacco products led in terms of quantity detained [9]