Core Points - A new company named Zhijiang Shengshuang Trading Co., Ltd. has been established with a registered capital of 10,000 RMB [1] - The legal representative of the company is Xiong Chongchun [1] - The business scope includes general projects such as import and export of goods, technology import and export, import and export agency, internet sales (excluding goods requiring permits), wholesale of electronic components, sales of electronic products, wholesale of hardware products, research and development of household appliances, sales of daily necessities, and sales of paper products (excluding projects that require legal approval) [1] Company Overview - The company is involved in various sectors including import and export, technology, and e-commerce [1] - It has a diverse range of business activities, indicating a broad market approach [1] - The establishment of this company may reflect growing opportunities in the trading and e-commerce sectors in the region [1]

限于对加拿大、印度、巴西等多国实施25%至50%的额外进口关税，停止所有国家的低价值免税进口豁免， 对铜、木材、家具等产品实施新关税，以及与部分国家签署框架协议。报告指出，限制性措施对二十国集团 进口的影响迅速扩大，进口受限比例在1年之内从12.9%大幅跳升至22%，反映关税链式反应正在累积。 全球贸易政策方向迎来长期性结构性调整。报告指出，贸易限制性措施在覆盖贸易额上首次盖过便利化措 施，反映的是"系统性外溢影响"而非某一国家的孤立行动，表明保护主义政策正逐渐抬头，而不是短期震 荡。限制性贸易政策加剧、保护主义扩散蔓延、国家安全因素驱动行动增加，上述趋势共同反映出当前全球 贸易正面临更高的不确定性。报告还指出，限制性措施激增，揭示了更广泛、更深层的保护主义风险，尽管 当前影响温和，但未来存在更大不确定性。未来贸易体系面临更深层的风险包括供应链再分化、区域阵营化 加强、中长期贸易放缓风险加剧等。报告称，贸易限制性政策的增多，正在迫使各国强化区域贸易安排及双 边框架协议谈判，其背后逻辑在于随着限制性措施规模超过便利化措施，各国转向"以区域协定抵消全球贸易 环境恶化"，效果上进一步削弱多边主义的相对地位。报告还指 ...

Group 1 - The core point of the article is that Liaoning Chengda has received a notice from its shareholder Guangxi Xinyi regarding the extension of the pledge buyback of some shares, with significant implications for the company's shareholding structure and financial health [1] - As of November 21, 2025, Guangxi Xinyi and its concerted parties hold approximately 158 million shares of Liaoning Chengda, accounting for 10.32% of the total share capital, with a total of 132 million shares pledged, representing 83.46% of their holdings and 8.61% of the total share capital [1] - For the first half of 2025, Liaoning Chengda's revenue composition is as follows: import and export trade accounts for 86.64%, biopharmaceuticals for 13.22%, and other sectors for 0.14% [1] Group 2 - The current market capitalization of Liaoning Chengda is 18.1 billion yuan [1]

11月20日，据深圳海关消息，据统计，前10个月，深圳累计进出口规模保持内地城市首位，达3.74万亿 元。其中，出口2.27万亿元；进口1.47万亿元，同比增长6.8%。 前10个月，深圳以一般贸易方式进出口2万亿元，占同期深圳进出口总值（下同）的53.5%。同期，保 税物流进出口1万亿元，增长7.2%，占26.8%；加工贸易进出口7179.1亿元，增长2.4%，占19.2%。 民营企业进出口占比近七成，外商投资企业保持快速增势。前10个月，深圳民营企业进出口2.56万亿 元，占68.5%。同期，外商投资企业进出口1.05万亿元，增长13.2%，占28%；国有企业进出口1258.8亿 元。 前十大贸易伙伴进出口合计占比近八成。前10个月，深圳对前十大贸易伙伴合计进出口2.93万亿元，增 长1.9%，占78.5%。其中，对中国香港、中国台湾、欧盟、韩国、日本、墨西哥分别进出口6383.3亿 元、4114.6亿元、3841.3亿元、2018.7亿元、1791.8亿元、521亿元，分别增长10.6%、10.6%、2.9%、 8.2%、17.1%、0.9%。 传统电子信息产业和新兴产业相关产品出口逆势增长。前10个月 ...

Core Points - The 6th China-Russia SME Forum will be held from November 23 to 25 in Xi'an, focusing on "Green Economy Era: New Opportunities for China-Russia Industrial Cooperation" [1] - The forum will include an opening ceremony, plenary sessions, thematic parallel meetings, and field visits, emphasizing bilateral trade and investment cooperation [1] - The event aims to showcase the advantages of Shaanxi Province in agriculture and logistics, facilitating one-on-one discussions based on business cooperation needs [1] Industry Insights - The forum is a mechanism for economic and trade activities between China and Russia, previously held in major cities like Beijing, Guangzhou, and Sochi, indicating a strong commitment to bilateral relations [1] - The China-Russia Friendship, Peace and Development Committee, established in April 1997, serves as a main channel for promoting cooperation and public opinion foundation between the two countries [1]

Core Viewpoint - The company, Sanmu Group, has confirmed that its foreign trade operations are primarily conducted through its subsidiary, Fuzhou Light Industry Import and Export Co., Ltd, focusing on markets in Europe, Southeast Asia, and Africa [2] Group 1 - The foreign trade business of the company is mainly handled by its controlling subsidiary [2] - The import and export activities target regions including Europe, Southeast Asia, and Africa [2]

出口结构持续优化，"新三样"表现亮眼。前10个月，浙江省机电产品出口1.63万亿元，增长8.4%，其 中"新三样"产品出口1078.0亿元，增长20.2%，贡献全省出口8.1%的增量，拉动全省出口增长0.6个百分 点。 外贸主体持续壮大，民企贡献突出。前10个月，浙江有进出口实绩的外贸企业数量达12.4万家，增加 8.6%。其中民营企业11.6万家，增加9%，进出口3.78万亿元，增长6.9%，占全省进出口总值的82.1%， 较去年同期提升1.3个百分点。同期，外商投资企业进出口5643.8亿元，增长2.4%。 记者从杭州海关获悉，今年前10个月，浙江（含宁波，下同）进出口总值达4.6万亿元，同比（下同） 增长5.3%，高出全国1.7个百分点；其中出口3.47万亿元，增长6.9%，进口1.13万亿元，增长0.4%。浙江 进出口、出口和进口分别占全国的12.3%、15.7%和7.4%，规模居全国第3、第2和第6位。值得注意的 是，东盟首次超过欧盟，成为浙江最大贸易市场。 市场结构持续多元，东盟跃居首位。前10个月，东盟超越欧盟跃升为浙江省第一大贸易市场，贸易总值 为7106.1亿元，增长16.2%，占全省进出口 ...

Core Insights - Shenzhen maintained its position as the leading city in mainland China for import and export value, reaching a total of 3.74 trillion yuan in the first ten months of 2025, with exports at 2.27 trillion yuan and imports at 1.47 trillion yuan, reflecting a year-on-year growth of 6.8% [1][2] Group 1: Export Performance - The export of mechanical and electrical products continued to dominate, amounting to 1.72 trillion yuan, a growth of 4%, accounting for 75.7% of total exports [1] - Traditional electronic information products, such as computers and audio-video equipment, saw significant export increases, with computers and components exporting 263.96 billion yuan (up 9.6%) and audio-video equipment exporting 75.59 billion yuan (up 6.5%) [1] - Emerging industries contributed to export growth, with lithium batteries, 3D printers, and medical devices exporting 70.06 billion yuan (up 35.6%), 6.75 billion yuan (up 19.8%), and 25.12 billion yuan (up 5.5%) respectively [1] Group 2: Import Dynamics - Imports showed strong production demand and an upgrade in food and seafood requirements, with total imports reaching 1.47 trillion yuan, an increase of 8.5% [2] - Mechanical and electrical products accounted for 1.2 trillion yuan of imports, representing 81.6% of total imports, with integrated circuits at 661.53 billion yuan (up 18.4%) and computer components at 242.7 billion yuan (up 12.3%) [2] - Agricultural imports totaled 82.26 billion yuan, growing by 10%, with significant increases in grain and seafood imports at 9.73 billion yuan (up 107.7%) and 9.27 billion yuan (up 36.2%) respectively [2] Group 3: Trade Partners and Market Composition - Shenzhen's total trade with its top ten partners reached 2.93 trillion yuan, a growth of 1.9%, accounting for 78.5% of total trade [2] - Trade with Hong Kong and Taiwan increased by 10.6%, with values of 638.33 billion yuan and 411.46 billion yuan respectively [2] - Exports to the EU, South Korea, Japan, and Mexico showed varied growth rates, with increases of 2.9%, 8.2%, 17.1%, and 0.9% respectively [2] Group 4: Market Participants - Private enterprises played a crucial role in foreign trade, with a total import and export value of 2.56 trillion yuan, representing 68.5% of the total [3] - Foreign-invested enterprises also showed robust growth, reaching 1.05 trillion yuan (up 13.2%), accounting for 28% of total trade [3] - State-owned enterprises had a total import and export value of 125.88 billion yuan [3] Group 5: Trade Methods - General trade accounted for 2 trillion yuan, or 53.5% of total trade, while bonded logistics and processing trade contributed 1 trillion yuan (up 7.2%) and 717.91 billion yuan (up 2.4%) respectively [3]

Core Insights - Shenzhen's total import and export scale reached 3.74 trillion yuan in the first ten months of the year, maintaining the leading position among mainland cities [2] - Exports amounted to 2.27 trillion yuan, while imports were 1.47 trillion yuan, reflecting a year-on-year growth of 6.8% [2] Trade Characteristics - General trade accounted for over half of the total, with a value of 2 trillion yuan, representing 53.5% of Shenzhen's total import and export value. Bonded logistics grew by 7.2% to 1 trillion yuan, making up 26.8%, while processing trade reached 717.9 billion yuan, growing by 2.4% and accounting for 19.2% [2] - Private enterprises contributed nearly 70% of the total import and export value, with 2.56 trillion yuan, which is 68.5% of the total. Foreign-invested enterprises saw a 13.2% increase to 1.05 trillion yuan, representing 28%, while state-owned enterprises accounted for 125.9 billion yuan [2] Trade Partners - The top ten trading partners accounted for nearly 80% of Shenzhen's total trade, with a combined import and export value of 2.93 trillion yuan, growing by 1.9% and representing 78.5% of the total. Key partners included Hong Kong, Taiwan, the EU, South Korea, Japan, and Mexico, with respective trade values of 638.3 billion yuan, 411.5 billion yuan, 384.1 billion yuan, 201.9 billion yuan, 179.2 billion yuan, and 52.1 billion yuan [3] Export Growth - Exports of electromechanical products reached 1.72 trillion yuan, growing by 4% and accounting for 75.7% of total exports. Traditional electronic information products, such as computers and audio-video equipment, saw exports of 263.9 billion yuan and 75.6 billion yuan, growing by 9.6% and 6.5% respectively. Emerging industries, including lithium batteries, 3D printers, and medical devices, exported 70.1 billion yuan, 6.8 billion yuan, and 25.1 billion yuan, with growth rates of 35.6%, 19.8%, and 5.5% respectively [3] Import Growth - Imports of electromechanical products totaled 1.2 trillion yuan, growing by 8.5% and accounting for 81.6% of total imports. Integrated circuits were imported at a value of 661.5 billion yuan, reflecting an 18.4% increase, while computer components, primarily graphics cards and servers, reached 242.7 billion yuan, growing by 12.3%. Agricultural product imports amounted to 82.3 billion yuan, growing by 10% and representing 5.6% of total imports, with significant increases in grain and aquatic products [4]

贸易伙伴方面，前10个月，深圳对前十大贸易伙伴合计进出口2.93万亿元，增长1.9%，占比达78.5%。 其中，对中国香港地区、中国台湾地区、欧盟、韩国、日本、墨西哥分别进出口6383.3亿元、4114.6亿 元、3841.3亿元、2018.7亿元、1791.8亿元、521亿元，分别增长10.6%、10.6%、2.9%、8.2%、17.1%、 0.9%。 进出口产品方面，传统电子信息产业和新兴产业相关产品出口逆势增长。 前10个月，深圳出口机电产品1.72万亿元，增长4%，占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%。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%。 21世纪经济报道记者 张晓慧 深圳报道 据深圳海关统计，前10个月，深圳累计进出口达3.74万亿元，同比下降0.2%。同期，上海累计进出口规 模为3.71万亿元。深圳进出口规模仍居内地城市首位。 其中，前十个月，深圳进口1.47万亿元，同比增长6.8%；出口2.27万 ...