Economic Performance - In Q1 2025, Shenzhen's GDP reached 895.05 billion yuan, with a year-on-year growth of 5.2% [1] - The primary industry added value was 0.0486 billion yuan, growing by 7.2%, while the secondary industry added value was 295.14 billion yuan, increasing by 3.7%, and the tertiary industry added value was 599.42 billion yuan, up by 6.0% [1] Consumer Market - Shenzhen's total retail sales of consumer goods in Q1 2025 amounted to 240.32 billion yuan, reflecting a year-on-year increase of 3.1%, accelerating by 1.4 percentage points compared to January-February [1] - The "trade-in" program has positively impacted consumption, with over 5.35 million units of cars and digital appliances sold, generating sales exceeding 19 billion yuan, including 30,000 cars sold through this program, contributing 8.3 billion yuan in sales, with 70% of new vehicles being electric [1] Industrial Sector - The industrial added value of Shenzhen's above-scale industries grew by 4.2% year-on-year in Q1, with a 1.6 percentage point acceleration compared to January-February [2] - Notable growth in high-tech products included civil drones, industrial robots, and 3D printing equipment, with production increases of 48.2%, 40.1%, and 38% respectively [2] Foreign Trade - Shenzhen's total import and export volume in Q1 2025 was 990.10 billion yuan, a year-on-year decrease of 2.8%, although it remained the second highest for the same period historically [3] - In March, there was a significant recovery in foreign trade, with total imports and exports reaching 387.05 billion yuan, a year-on-year increase of 12.3% [3] Trade Policies - In April, Shenzhen introduced ten policies to stabilize foreign trade, including support for enterprises participating in overseas exhibitions and domestic market expansion, with financial assistance up to 600,000 yuan for exhibition fees [3] - The city encourages the expansion of imports of key products, providing interest subsidies for advanced equipment and technology imports, as well as support for energy, bulk commodities, agricultural products, and consumer goods [3] - Specific measures to strengthen cross-border e-commerce include support for brand development, compliance, and logistics [3]

新加坡央行警告称，持续的全球贸易战可能对经济增长和通胀构成更大风险，首轮关税已预计影响到 60%的该国对美出口。新加坡金管局周一在宏观经济评估报告中指出，经济增长前景已转为"更加谨 慎"，美国关税上调可能压缩出口商利润率、削减生产并抑制国内收入。该机构强调，贸易政策走向仍 存在"显著不确定性"。"贸易冲突若长期持续，可能对经济增长构成进一步下行风险，进而影响通 胀，"报告称。"相反，贸易紧张局势可能随时间推移缓和，这可能提振信心和出口活动。"（彭博） ...

0:00 原题：全聚焦丨多维发力 江苏多措并举稳外贸促发展 当前，外贸企业面临订单波动、不确定因素增加等严峻挑战。作为外贸大省，江苏多措并举稳外贸促发 展，通过加速多元化市场布局，交通物流提速升级等举措，促进外贸经济发展。 南通外贸中心是外贸企业集聚区，目前入驻企业超250家，涉及纺织服装、机械设备等30多个领域。园 区内的江苏亦瑾进出口贸易有限公司，主要从事纺织品及原辅料等商品的进出口业务。公司负责人透 露，前几年公司就有意调整了市场布局，目前在美国的业务量不大。对于部分美国滞留订单，公司根据 不同地区客户需求重新设计，并将其出口到日韩、欧洲、东南亚等地。 今年以来，南通外贸中心联合相关部门多次上门走访企业，及时响应企业诉求，同时组织多场政策宣讲 会、"外贸大讲堂"等活动，加快推进内外贸一体化发展。为帮助外贸企业拓展国内市场，泰州启动"泰 享消费·外贸优品"促消费系列活动，通过线下展销、线上直播等途径，并叠加100万元消费券，把优质 的外贸产品带给国内消费者，实现消费者和外贸企业的"双赢"。 泰州润元户外用品股份有限公司董事长赵立新说："我们在家里的订单库存有将近800万美元，在海上漂 的有100多万美元的 ...

Group 1 - Yunnan is enhancing economic cooperation with Southeast Asian countries by leveraging its geographical advantages and resource potential, focusing on improving tax services for enterprises going abroad [1] - The opening of the China-Laos Railway in 2023 has created a "golden channel" for trade, facilitating efficient transportation for Yunnan's export-oriented companies [2] - Tax incentives, such as VAT exemptions, have significantly benefited companies, with one company saving over 2.5 million yuan in 2024 due to these policies [2] Group 2 - Local tax authorities are utilizing big data to provide precise tax policy support to businesses, ensuring quick responses to cross-border tax issues [3] - Yunnan has 28 land ports, 4 air ports, and 3 water ports, which are being upgraded to support the growing "smart manufacturing" sector [4] - Companies like Yunnan Borui Biotechnology Co., Ltd. are benefiting from export tax rebates, with one company receiving 34.91 million yuan in 2024 to enhance R&D and production capabilities [4] Group 3 - The establishment of industrial parks in Yunnan is driving regional economic integration, with over 500 new registered enterprises in 2024, including more than 100 in manufacturing [5] - Export tax rebates are crucial for companies' cash flow, with one company receiving over 25.27 million yuan in 2024, aiding in production stability and market share expansion [6] - Policy support is encouraging automation in companies, with one company planning to increase its automated equipment from 110 to 160 units by 2025 due to tax incentives [6]

Core Insights - China's economic performance in the first quarter exceeded expectations, with a GDP growth of 5.4% year-on-year, and a record high in import and export scale [3][5][10] - The 137th Canton Fair and the 5th China International Consumer Products Expo showcased strong international interest, with significant participation from global buyers [2][3][9] Group 1: Economic Performance - China's GDP growth of 5.4% in Q1 2023 was higher than anticipated, indicating robust economic recovery [3][5] - The import and export scale reached a historical high, exceeding 10 trillion yuan for eight consecutive quarters [3][6] Group 2: Trade Events - The 137th Canton Fair attracted 148,585 overseas buyers from 216 countries, marking a 20.2% increase compared to the previous session [2][3] - The 5th Consumer Products Expo featured over 1,700 companies and 4,200 brands, with participation from 70+ countries, setting a record for scale [3][9] Group 3: Global Trade Dynamics - China is recognized as a stabilizing force in global trade amidst rising uncertainties due to U.S. tariffs [6][8][10] - The ASEAN region remains China's largest trading partner, with a 7.1% year-on-year growth in trade [6][10] Group 4: Policy and Future Outlook - China is committed to expanding domestic demand and promoting consumption, which is expected to create greater opportunities for global businesses [7][10] - The country aims to enhance its role in the global trade system by continuing to open up and share development opportunities [10]

南方财经全媒体记者 欧雪 深圳报道 在经历了年初的短暂承压后，深圳外贸在3月强势回升。 深圳海关4月22日披露数据显示，今年一季度深圳市进出口总值9901亿元，同比微降2.8%。但单月指标 呈现明显回暖态势，前2个月深圳进出口同比下降10.4%，3月进出口迅速回升同比增速达12.3%，高于 全国平均水平，其中进口增速更飙升至17.2%。 值得关注的是，在去年高基数和今年美国滥施关税的双重压力下，深圳前2个月进出口规模仍均处于历 史同期第二高位，3月进出口总额更是实现两位数增长，展现了深圳外贸的较强韧性。 "整体来看，深圳3月份的外贸表现较为出色。"然而，中国（深圳）综合开发研究院区域发展规划研究 四所所长王振告诉记者，在当前复杂的国际贸易形势下，尤其是美国滥施关税下，我们仍需深入分析关 税政策变化对深圳外贸的具体冲击和影响，以更好地应对未来的挑战。 到3月份，深圳锂电池、电动汽车等"新三样"产品增速仍旧较快，电子元件等中间品保持增长。值得注 意的是，"新三样"产品中，锂电池出口56.8亿元，增长42.8%，电动汽车出口30.4亿元，增长154.3%。 此外，记者注意到，深圳外贸市场格局迎来新变化。2024年， ...

Group 1: Economic Performance in Guangdong - In the first quarter of 2025, Guangdong's GDP reached 33,525.51 billion yuan, with a year-on-year growth of 4.1%, an increase of 0.6 percentage points compared to the previous year [1] - The primary industry added value was 934.45 billion yuan, growing by 3.3%; the secondary industry added value was 12,002.53 billion yuan, growing by 3.7%; and the tertiary industry added value was 20,588.53 billion yuan, growing by 4.3% [1] - The service sector emerged as the main growth engine, indicating a robust economic recovery [1] Group 2: Trade Performance in Shenzhen - In March 2025, Shenzhen's total import and export value reached 3,870.5 billion yuan, with a year-on-year growth of 12.3%, outpacing the national growth rate by 6.3 percentage points [2] - Exports amounted to 2,185.3 billion yuan, growing by 8.8%, while imports were 1,685.2 billion yuan, growing by 17.2% [2] - The strong performance in trade reflects Shenzhen's internal growth momentum and resilience against risks [2] Group 3: Employment Situation in Hong Kong - The unemployment rate in Hong Kong for the first quarter of 2025 was 3.2%, unchanged from the previous period, with an underemployment rate of 1.1% [3] - Total employment reached 3.6927 million, a decrease of approximately 16,800 from the previous period, while the total labor force decreased by about 5,800 to 3.8155 million [3] - Economic growth in mainland China and government stimulus measures are expected to support labor demand despite external uncertainties [3] Group 4: Financial Support for SMEs in Macau - The Macau government launched a loan interest subsidy plan for small and medium-sized enterprises (SMEs), effective from April 22, 2025, to April 22, 2026 [4] - Eligible SMEs can apply for interest subsidies on loans up to 5 million Macau patacas, with a maximum subsidy period of three years and an interest rate cap of 4% [4] - This initiative aims to reduce financing costs and alleviate cash flow pressures for SMEs, supporting their stable operations [4] Group 5: Stock Market Performance - On April 22, 2025, the Shenzhen Component Index closed at 9,870.05 points, down by 0.36% [5] - Notable gainers included Meichen Technology, with a price of 1.66 yuan and a rise of 20.29%, and Xincheng Technology, with a price of 16.66 yuan and a rise of 20.03% [6] - Significant decliners included *ST Jiyuan, with a price of 0.24 yuan and a drop of 20.00% [6]

在出口产品结构上，深圳的"新三样"产品表现突出，锂电池、电动汽车等增速较快，电子元件等中间品 也保持增长。3月份，深圳出口机电产品1651.7亿元，增长15.3%，占同期深圳出口总值的75.6%。其 中，手机、电脑、家用电器等"老三样"产品合计出口254.3亿元，下降5.2%；"新三样"产品中，锂电池 出口56.8亿元，增长42.8%，电动汽车出口30.4亿元，增长154.3%。 进口方面，集成电路进口占近四成，电脑及其零部件进口大幅增长。3月，深圳进口机电产品1428.6亿 元，增长33.9%，占进口总值的84.8%。其中，集成电路进口652.5亿元，增长13.5%；电脑及其零部件进 口479亿元，大幅增长234.6%；二极管及类似半导体器件进口46亿元，增长14%。同期，黄金和农产品 进口出现下降。 整体来看，2025年3月深圳进出口表现优异，无论是贸易主体的多元发展，还是贸易方式的优化，以及 与不同贸易伙伴的紧密合作和产品结构的升级，都展现出深圳外贸的韧性与潜力。 在拉动深圳外贸增长的众多主体中，民营企业依旧领跑，占据近七成份额。3月，深圳民营企业进出口 2694亿元，增长13.8%，占同期深圳进出口总 ...

Core Insights - Shenzhen's foreign trade showed a "pressured start, with monthly recovery" trend in Q1 2025, with total imports and exports at 990.1 billion yuan, a slight year-on-year decrease of 2.8% [1] - In March 2025, Shenzhen's total imports and exports reached 387.05 billion yuan, a year-on-year increase of 12.3%, outperforming the national average by 6.3 percentage points [1] - Private enterprises accounted for nearly 70% of Shenzhen's foreign trade, with a significant increase in their import and export activities [1] Trade Performance - In Q1 2025, exports were 585.51 billion yuan, down 8.7%, while imports were 404.6 billion yuan, up 7.1% [1] - In March, exports reached 218.53 billion yuan, growing by 8.8%, and imports were 168.52 billion yuan, increasing by 17.2% [1] - General trade accounted for nearly 50% of the total trade, with a notable increase in bonded logistics [1] Trade Partners - Major trade partners in March included Hong Kong, ASEAN, and Taiwan, with respective trade values of 67.99 billion yuan (up 10.6%), 65.99 billion yuan (up 14.1%), and 57.26 billion yuan (up 92.3%) [2] - The EU, the US, South Korea, and Japan also saw increases in trade, with growth rates of 8.7%, 12.1%, 2.5%, and 3.9% respectively [2] - Trade with Belt and Road countries reached 131.24 billion yuan, growing by 8.1% [2] Export and Import Products - In March, the export of electromechanical products was 165.17 billion yuan, up 15.3%, making up 75.6% of total exports [3] - New products like lithium batteries and electric vehicles saw significant growth, with lithium battery exports at 5.68 billion yuan (up 42.8%) and electric vehicle exports at 3.04 billion yuan (up 154.3%) [3] - Imports of electromechanical products were 142.86 billion yuan, up 33.9%, with integrated circuits making up nearly 40% of imports [3]

深圳海关4月22日透露，2025年3月份，深圳进出口3870.5亿元，同比增长12.3%，增速较全国快6.3个百 分点。其中，出口2185.3亿元，增长8.8%；进口1685.2亿元，增长17.2%。面对外部挑战增多，及去年 同期高基数的双重压力，深圳外贸延续强劲增长态势，彰显其内生动力与抗风险韧性。 ...