每经编辑｜何小桃 一匹本该咧嘴微笑的义乌产马年玩偶，因工人失误缝反了嘴巴，秒变委屈巴巴的"哭哭马"，却意外逆袭成新年第一匹"黑马"。订单雪片般飞来，义乌老板 娘紧急开启十几条生产线赶货。 嘴被缝反的"哭哭马"（右）在网上意外走红成了爆款。 不过，值得反思的是情绪消费热潮之下，也隐藏着当代人的精神困境。随之而来的问题是，你可以是一匹"哭哭马"，但你是否甘于成为一匹"哭哭马"？ 当"精神按摩"褪去，人们终将发现，真正能破解焦虑的不是被动接纳困境、消解情绪，而是一种主动创造价值的积极力量。 事实上，创造了"哭哭马"的义乌精神，也许恰恰才是治愈"哭哭马"的最好解药，是冲破困境的那道光。它不是悬浮的道德说教，而是扎根市场土壤的实践 哲学。 表面看，"哭哭马"爆红是社交媒体时代一次偶然的情绪引爆，但真正令其从网络话题转化为实体商品的，是义乌市场灵敏的商业嗅觉与强大的供应链反应 能力。 从杭州网友随手晒图，到全网热议，再到工厂3天内保留瑕疵、12条生产线24小时运转，义乌人对市场机遇的捕捉、变现，几乎没有时间差，背后是"鸡毛 飞上天"的现代商业传奇。 这个商业传奇，源自义乌人深植于文化基因中的生存智慧，源自名副其实的世界小 ...

Group 1 - The Regional Comprehensive Economic Partnership (RCEP) has been in effect for five years as of January 1, 2026, providing significant policy benefits for Zhejiang enterprises to integrate into regional supply chains and expand international trade [1] - As of November 2025, Hangzhou Customs issued a total of 295,000 RCEP certificates of origin, with the total value of exported goods benefiting from these certificates amounting to 80.69 billion yuan [1] - The number of RCEP certificates issued by Hangzhou Customs increased from 52,800 in 2022 to 87,100 in the first eleven months of 2025, with the number of certified enterprises rising from over 2,300 to nearly 3,200, particularly benefiting industries such as plastics, textiles, and chemicals [1] Group 2 - The introduction of the "back-to-back" certificate of origin system under RCEP allows goods to retain preferential treatment even after being split and transshipped among member countries, enhancing flexibility in production and export [2] - A company in Jiaxing reported issuing over 300 "back-to-back" certificates last year, facilitating the export of backpacks from Vietnam to six member countries, with an expected export value of 30 million yuan in 2026 [2]

在浙江义乌，一批"含科技"的小商品正在圈粉全球外商。从会说多国语言的智能玩具，到功能多样的AI 穿戴设备，这批搭载前沿技术的智能小商品不仅吸引了各国采购商的目光，更走向了全球大市场。 ...

世界虽然动荡，义乌总有办法。 文 ｜ 李丹 编辑 ｜ 卢枕 来源｜ 镜相工作室（ID： shangyejingxiang ） 封面来源 ｜ IC photo 以下文章来源于镜相工作室 ，作者镜相作者 镜相工作室 . 商业世界的风向与人 驶向"世界超市"义乌的高铁，也许是全中国最国际化的列车之一。车厢里不同肤色的人，说着世界各地的语言，抵达高铁站，还有专门的境外人员服务处。 国际商贸城附近的中东餐厅和中餐馆一样多，还有全中国唯一一家埃塞俄比亚菜，非洲老板用英文给我点完餐进厨房做菜，出完餐又坐到电脑前用板正的中 文一字一句地讲电话，"货什么时候能到？" 关于商贸城最广为人知的一个描述是，如果每家店停留5分钟，逛完商贸城要一年多。这里有超过7万家商铺，从一区到五区，要开四公里的车。它之所以享 誉世界，是因为无所不能，无奇不有。走进一区，一路上从天上飞的无人机，到地上跑的玩具车；从中东的香薰灯，到北欧的冰箱贴都能见到，每天都有大 量的小商品从这里发往世界各地。 十月中旬，我来到这里，此时距离圣诞——这个全世界最重要的节日之一，还有两个多月。圣诞是一个观察义乌的窗口，全世界有约80%的圣诞用品都来自 义乌。上到商贸城三 ...

Core Insights - Chinese small commodities have long been popular overseas due to their cost-effectiveness and quality, with increasing technological advancements enhancing their competitive edge [1] - The introduction of smart products in Yiwu International Trade City has attracted significant attention from foreign buyers [1][10] Group 1: Product Innovation - A new intelligent toy with multi-language interaction and emotional recognition capabilities has captivated foreign buyers, exemplifying the shift from traditional toys to smart emotional companions [3][5] - Many traditional Chinese small goods have undergone smart upgrades, with products like a ring that functions as a watch and health monitor gaining international orders [8] Group 2: Market Performance - A business in Yiwu anticipates sales reaching $100 million this year, a fivefold increase from the previous year, with expectations of further growth in the coming years [7] - In the first three quarters of this year, China exported over 50 billion yuan worth of holiday goods, toys, and animal-shaped toys to more than 200 countries, with many smart products becoming overseas bestsellers [10]

Core Viewpoint - The statement by Professor Jin Canrong highlights that China has not achieved economic strategic autonomy despite being the world's second-largest economy, excelling in manufacturing and infrastructure [1][21]. Group 1: Economic Strengths - China is recognized as the "world's factory," with strong production capabilities and high-quality products, maintaining order fulfillment even during tense US-China relations [5]. - The country has a significant export volume, with nearly 2 trillion yuan in export tax rebates, effectively subsidizing foreign consumers [7]. Group 2: Strategic Vulnerabilities - China's economic model is heavily reliant on external markets and key technologies, leading to strategic passivity [10]. - The country faces a critical technology gap, particularly in high-value sectors like semiconductors, importing over $300 billion worth of chips annually, which poses a risk of industry shutdowns if supply is disrupted [11][13]. - The lack of foundational research investment and a culture of innovation hampers the transition from "0 to 1" breakthroughs, making it difficult to achieve technological independence [15]. Group 3: Domestic Consumption Challenges - Despite having the largest single market with 1.4 billion people, domestic consumption remains underpowered due to financial pressures from housing, education, and healthcare [17]. - The income distribution structure is problematic, with a high Gini coefficient indicating that the majority of the population has limited disposable income, which constrains consumption [19]. - To stimulate domestic demand and consumption upgrades, deep reforms are necessary, including stabilizing the real estate market and expanding the middle-income group [19]. Group 4: Strategic Initiatives - The government has proposed the "dual circulation" strategy to strengthen domestic circulation and address technological shortcomings, aiming for greater autonomy in global competition [22]. - Achieving true strategic autonomy will require time, endurance, and the participation of the entire society, from enterprises to consumers [22].

Core Insights - The article highlights the significant growth in express delivery volumes in various cities, particularly focusing on Guangzhou and Yiwu, which are leading in this sector [2][3]. Group 1: Express Delivery Volume - Guangzhou ranks first in express delivery volume with 14.81 billion packages processed from January to August 2023, benefiting from its extensive wholesale markets and e-commerce activities [2][3]. - Yiwu follows closely with a processing volume of 13.76 billion packages, with the county-level city of Yiwu achieving over 10 billion packages in express business volume, marking a significant milestone [3]. Group 2: E-commerce and New Retail - Guangzhou is recognized as the leading city for live-streaming e-commerce, generating retail sales of 517.1 billion yuan, with a notable portion of packages shipped from this city [2]. - Yiwu's export value reached 554.26 billion yuan in the first eight months of 2023, reflecting a year-on-year growth of 24.9%, indicating a robust trade environment [3]. Group 3: Economic and Industrial Context - The express delivery growth is attributed to the strong industrial base in southeastern coastal regions, particularly in Guangdong, Zhejiang, and Jiangsu, which are major manufacturing and logistics hubs [5]. - The light industry in these regions produces goods suitable for online sales, facilitating the integration of e-commerce and logistics [5].

Core Viewpoint - Chinese manufacturing has become a significant force in the global market, with innovative and practical products gaining popularity among consumers worldwide [1][15]. Group 1: Product Innovation and Market Demand - The solar fan hat, a product of Chinese manufacturing, gained immense popularity after being featured in a viral video, leading to high sales on various online platforms in the U.S. [1] - The production of solar fan hats in Yiwu has reached 300,000 units, with an additional 200,000 units in the pipeline, showcasing the rapid response to market demand [3]. - The design of the solar fan hat is set to be upgraded to include features like perforations for ponytails and a spray function for cooling and mosquito repellent [3][8]. Group 2: Export Growth and Market Trends - Small fans and innovative sun umbrellas have seen a surge in sales in various global markets, particularly in Poland, where they have become popular summer items [5][10]. - The export volume of heating appliances from Ningbo Cixi has increased by 30%-40% compared to the previous year, driven by rising demand in Europe [10][12]. - The market for small machinery, such as micro excavators, is also expanding, with exports reaching $281,000 in the first half of the year, indicating a growing demand for precision tools in Europe [14]. Group 3: Business Transformation and Brand Development - Companies in Yiwu are transitioning from OEM production to developing their own brands, with one entrepreneur successfully registering over 20 trademarks in more than 100 countries [5][17]. - The shift towards understanding consumer needs and innovating traditional products has allowed Chinese manufacturers to thrive in international markets [8][17]. - The evolution of Chinese manufacturing reflects a broader trend of moving from simple production to creating unique, high-quality products that cater to specific consumer demands [15][17].

Domestic Macro - Demand Side - As of July 4, 2023, the passenger car sales in June reached 2.032 million units, a year-on-year increase of 15.8%[2] - The average number of domestic flights in July was 14,200, a month-on-month increase of 11.46%[2] - The Baltic Dry Index (BDI) averaged 1,442.75 as of July 4, 2023, a month-on-month decrease of 13.9% and a year-on-year decrease of 24.6%[2] Domestic Macro - Production Side - As of July 4, 2023, the operating rate of blast furnaces was 83.44%, a slight decrease of 0.4 percentage points[3] - The operating rate for automotive semi-steel tires was recorded at 70.41%, a month-on-month decrease of 7.64 percentage points[3] - PTA production reached 1.416 million tons as of July 3, 2023, maintaining a high level compared to the past four years[3] Price Performance - As of July 4, 2023, the average wholesale price of pork increased by 0.75% week-on-week, while the futures settlement price of live pigs rose by 2.43%[2] - Brent crude oil prices fell by 0.25% while WTI crude oil prices increased by 0.90% as of July 4, 2023[3] Fiscal and Monetary Policy - This week, the issuance of ordinary government bonds reached 199.9 billion, with an issuance progress of 55.5%[3] - The central bank's liquidity support remains ample, with a net withdrawal of 1.38 trillion from reverse repos this week[3] International Macro - U.S. Economic Data - The U.S. non-farm payrolls added 147,000 jobs in June, exceeding expectations, primarily due to a significant increase in state and local government education jobs[4] - The U.S. manufacturing PMI for June was reported at 49.0, slightly better than the expected 48.8, indicating a contraction in manufacturing activity[4]

Domestic Macro - Demand Side - As of July 4, 2023, the passenger car sales in June reached 2.032 million units, a year-on-year increase of 15.8%[2] - The average number of domestic flights executed this week was 14,200, a month-on-month increase of 11.46%[2] - The Baltic Dry Index (BDI) averaged 1,442.75, a month-on-month decrease of 13.9% and a year-on-year decrease of 24.6%[2] Domestic Macro - Production Side - As of July 4, 2023, the operating rate of blast furnaces was recorded at 83.44%, a slight decrease of 0.4 percentage points[3] - The operating rate for PTA production was 79.13%, maintaining a high level[3] - The operating rate for automotive semi-steel tires was 70.41%, a month-on-month decrease of 7.64 percentage points[3] Price Performance - As of July 4, 2023, the average wholesale price of pork increased by 0.75% week-on-week, while the futures settlement price rose by 2.43%[2] - Brent crude oil prices fell by 0.25%, while WTI crude oil prices increased by 0.90%[3] - The prices of rebar and iron ore increased by 1.36% and 0.99% respectively this week[3] Fiscal Policy - This week, the issuance of ordinary government bonds reached 199.9 billion, with an issuance progress of 55.5%[3] - New special bonds (excluding debt replacement) amounted to 45.8 billion, with an issuance progress of 48.7%[3] Overseas Macro and Market - The "Big and Beautiful" Act is expected to increase the deficit by $3.4 trillion over ten years, potentially pushing the U.S. deficit rate to 7%[4] - The U.S. non-farm payrolls in June added 147,000 jobs, exceeding expectations, primarily due to a significant increase in state and local government education jobs[4] - The ISM manufacturing PMI for June was reported at 49.0, slightly better than the expected 48.8, indicating a contraction in manufacturing[4]