Core Viewpoint - The Guangdong Provincial Government has issued a work plan to promote sustained economic growth and strengthen the domestic circulation of goods, focusing on supporting e-commerce and foreign trade enterprises [1] Group 1: Support for E-commerce and Foreign Trade - E-commerce companies are encouraged to establish export-to-domestic sales zones, with support for foreign trade enterprises including reductions in traffic fees for online store setups [1] - A special expansion plan targeting seven major markets (Europe, ASEAN, Middle East, Central Asia, Latin America, Africa, and Hong Kong/Macau) will be implemented, organizing around 300 "Guangdong Trade Global" overseas exhibitions [1] Group 2: Trade Facilitation Measures - The government aims to capitalize on the outcomes of the China-US Geneva trade talks by implementing measures to facilitate customs clearance and optimizing the export tax rebate process [1] - There will be an increase in the frequency of sea and air freight services to enhance logistics efficiency [1] Group 3: Financial Support for Enterprises - Financial institutions are encouraged to alleviate funding pressures on foreign trade enterprises through loan extensions and adjustments to repayment arrangements, with a prohibition on arbitrary loan withdrawals or terminations [1] - The scale and coverage of export credit insurance will be expanded, with increased support for key countries and improved efficiency in claims recovery [1] Group 4: Support for Small and Micro Enterprises - The government will enhance the coordination mechanism for financing small and micro enterprises, conducting extensive visits to assess their operational status and financing needs [1] - Efforts will be made to optimize bank-enterprise connections, ensuring that bank credit reaches grassroots levels quickly, conveniently, and at reasonable interest rates [1]

一、"史上最长 618"，电商销售总额高速增长。二、部分地区以旧换新资金见底，第三、四季度中央资金将陆续下达。 三、韩国前 20 日出口明显反弹，美国对韩关税存在不确定性。四、新房与二手房成交面积同比偏弱，二手房销售占 比较高。五、中东局势紧张，原油价格持续上涨。 风险提示 中美航运量变化或系"抢出口"影响，集中出货完成后的可持续性有待继续观察 汽车行业"价格战"严重，如果企业竞争过激烈或影响汽车质量与后期维修 受工作不稳定、生活成本上升和房产贬值等影响，城镇消费者信心普遍下降 敬请参阅最后一页特别声明 1 扫码获取更多服务 宏观经济点评 一、"史上最长 618"，电商销售总额高速增长 2025 年"618"促销开始于 5 月 13 日，相比于 2024 年提前了一周时间，叠加"国补"政策推动，今年"618"销售增 长明显。 从销售额上来看，复旦消费大数据实验室发布数据显示，618 期间测算全网零售额近 2 万亿元，同比增长约为 9.8%， 其中，淘宝天猫、京东、抖音为、拼多多同比分别为 4%、17%、15%。据星图数据报告，2025 年"618"购物节综合电 商销售总额为 8556 亿元，同比增长 15.2 ...

柬埔寨加华银行今日宣布与阿里巴巴集团旗下在线电子商务平台淘宝建立战略合作伙伴关系，旨在全面 提升客户的数字支付体验。此次合作将使客户不仅能享受加华银行提供的专属优惠，还能通过便捷的卡 支付解决方案获得更高的交易安全性，使在淘宝平台上的购物过程更加轻松、高效且具价值。（界面） ...

Core Viewpoint - The National Development and Reform Commission and the Ministry of Finance have confirmed that the nationwide deadline for the old-for-new consumption policy for consumer goods is December 31, 2025, with a significant amount of funds available for subsidies [1] Group 1: Policy Details - The subsidy program will restart in July, with regions like Chongqing, Jiangsu, and Hubei resuming the subsidy channels for home appliances and automobiles, with a total of 138 billion yuan in remaining funds [1][4] - The program aims to address issues such as "one machine multiple sales" and "false recycling" by upgrading systems and implementing stricter controls [4] - The subsidy amounts include 20% for first-level energy efficiency products, with a maximum of 2,000 yuan per item, and 15% for second-level energy efficiency products, with a maximum of 1,500 yuan [5][12] Group 2: Subsidy Categories - Home appliances will include a wide range of products such as refrigerators, washing machines, and air conditioners, with a total of 12 categories eligible for subsidies [5][12] - Digital products like smartphones and tablets will receive a 15% subsidy, capped at 500 yuan, with additional incentives for flagship models [5][12] - For automobiles, the subsidy for scrapping old vehicles can reach up to 20,000 yuan for new energy vehicles and 15,000 yuan for fuel-efficient cars [5][12] Group 3: Consumer Guidance - Consumers are advised to act quickly as high-value items like air conditioners and electric vehicles will have limited availability, and the competition for subsidies is expected to intensify [8][9] - It is crucial for consumers to ensure that invoices are valid and correctly filled out to avoid losing subsidy eligibility [6][9] - The program emphasizes the importance of utilizing online platforms like JD.com to secure subsidies and maximize benefits through combined discounts [9][12]

亚马逊周二表示，其在英国的扩张将创造数千个就业岗位。英国是亚马逊在美国和德国之后的第三大市 场。该公司目前在英国雇佣了7.5万人，是英国十大私营部门雇主之一。 亚马逊(AMZN.US)加大了对英国的承诺，这家电商巨头表示计划在未来三年投资400亿英镑(540亿美 元)，英国政府称赞此举是对其经济政策的信任投票。2024年当选的工党政府将提振英国疲弱的经济增 长作为优先事项，并希望看到外国投资的增加。 400亿英镑的数字包括亚马逊云计算部门在2024年9月宣布的80亿英镑的一部分，用于在2024年至2028年 期间在英国建设、运营和维护数据中心。该数字还包括亚马逊员工的工资。 该计划包括在英格兰中东部的东米德兰兹郡新建两个最先进的物流中心，预计将于2027年开业，以及此 前宣布的位于英格兰北部赫尔市和英格兰中部北安普顿市的新中心，这两个中心将分别于今年和明年开 业。赫尔和北安普顿的物流中心将各自创造2000个就业岗位。 英国首相斯塔默表示，亚马逊的计划是"对英国作为最佳经商地点的巨大信任投票"。他的政府周一详细 阐述了其产业战略。上周五，英国杂货监管机构对亚马逊展开调查，调查其是否违反了及时向供应商付 款的规定 ...

哈铁快运股份公司副总经理奥拉佐夫表示，物流正成为国家间及合作伙伴间信任的关键要素，构建新型 基础设施解决方案尤为重要。哈铁快运愿意和中方通过创新技术实现电商物流与供应链管理的整合。 新华社阿斯塔纳6月23日电（记者江宥林）首届中哈高端产业交流合作推介会22日在哈萨克斯坦首都阿 斯塔纳举行。中国和哈萨克斯坦政府、企业、媒体代表等汇聚一堂，共话人工智能、跨境电商等高端产 业交流合作新机遇。 哈萨克斯坦贸易和一体化部副部长努苏波夫表示，数字转型在确保经济稳定增长中起到重要作用。他相 信，哈中在该领域的积极合作不仅可以巩固两国经济联系，还能为技术持续发展指明新方向。 "一带一路"国际智库合作委员会秘书长刘刚表示，中哈合作正站在新的历史起点上。他希望双方以本次 推介会为契机，携手探索更多合作可能，书写共建"一带一路"高质量发展的新篇章。 哈萨克斯坦邮政国际业务发展总监纳扎尔巴耶娃表示，中国不仅是大型贸易伙伴，也是关键创新中心， 和中方电子商务平台、物流企业、基础设施建设伙伴开展合作具有长期性和战略性。 北京保京启航科技产业有限公司董事、总经理李康超期待，通过此次活动，能与哈方开展电子商务产业 基础设施建设、跨境结算交易 ...

Core Insights - The article highlights the rapid growth of cross-border e-commerce in China, emphasizing its role in connecting international markets and enhancing trade relationships with 35 "Silk Road e-commerce" partner countries [5][10][9]. Group 1: Development of Cross-Border E-Commerce - Cross-border e-commerce in China has expanded significantly, with international products like dried fruits from Southeast Asia and coffee from Africa becoming familiar to Chinese consumers [5]. - The "Silk Road e-commerce" initiative has successfully conducted 108 online lectures, benefiting over 80 countries and promoting digital development [6][10]. - Major Chinese e-commerce platforms such as AliExpress, TikTok Shop, and Temu are gaining global traction, attracting international learners to study e-commerce practices in China [5][6]. Group 2: Training and Capacity Building - The "Silk Road e-commerce" initiative includes training programs that enhance the e-commerce capabilities of partner countries, focusing on new media operations and data analysis [6][7]. - Over 6,000 individuals have been trained in cross-border e-commerce skills through partnerships with educational institutions in Southeast Asia [7]. - The initiative aims to cultivate talent in live streaming operations, AI product selection, and cross-border customer service, supporting over 400 enterprises in expanding their markets [7]. Group 3: Global Trade Opportunities - Traditional foreign trade merchants are increasingly turning to Chinese cross-border e-commerce platforms for digital transformation, enabling them to reach global customers directly [8]. - A case study of a Uzbek merchant illustrates the potential of e-commerce, with significant orders from European clients after joining Alibaba's international platform [8]. - The article notes that in 2024, China's online retail sales are projected to reach 15.5 trillion yuan, maintaining its status as the world's largest online retail market [9]. Group 4: Collaborative Efforts and Ecosystem - The "E-commerce Benefits the World" initiative has organized 18 localities and 8 major e-commerce platforms to foster practical cooperation in the e-commerce sector [11]. - The initiative has created a "self-service" ordering system for partner countries to select suitable projects for collaboration, enhancing bilateral trade [11]. - The establishment of 120 online and offline national pavilions and 65 direct procurement bases in 19 countries demonstrates the tangible outcomes of these collaborative efforts [10][12]. Group 5: Technological Advancements - E-commerce platforms are enhancing user experience by offering localized services, such as a Russian version of Taobao for Kazakhstani consumers, resulting in a 47% increase in new user order conversion rates [13]. - Cross-border payment solutions are also being developed to facilitate smoother transactions for over 600,000 small and medium-sized foreign trade enterprises [13]. Group 6: Future Directions - The article concludes with a commitment to continue expanding the import of quality products, support digital transformation in industries, and deepen supply chain cooperation in e-commerce [14].

活动当天正值世界滑板日，京东运动作为赛事赞助商亮相上述三地，见证广大滑手用热爱玩转多样可能。活动现场，千人刷街开启街头狂欢；滑板大招比拼 中，滑手们驭板飞驰引爆现场喝彩；波浪杆挑战中，滑手们现场演绎着速度与平衡的艺术。 京东运动积极助力滑板运动发展，今年5月，京东运动还赞助了SIC2025全国陆冲公开赛，与众多滑手、陆冲爱好者参与到赛事之中。除了主动投身到赛事 组织中，京东运动还致力于为消费者带来专业的运动产品和服务。消费者现在上京东购买滑板还可享赠送滑板意外险、护具、维修工具和教学视频课等多重 权益。打开京东APP，搜索"滑板"即可选购专业的滑板装备，轻松掌握自由滑行的乐趣。 近年来，滑板凭借好学易"上脚"、自由度高、时尚潮酷等特质迅速风靡，成为备受年轻群体欢迎的时尚运动。京东618期间，滑板品类实现双位数增长，越 来越多年轻人选购心仪的滑板装备争相加入这股街头潮流之中。 近日，北京ban滑板公园、成都Cosmo、深圳星河worldcocopark掀起潮酷滑板风暴，滑手们汇集在这几个潮流地标，带来街头艺术的视觉盛宴。京东运动作 为世界滑板日2025北京站、成都站、深圳站赛事赞助方，在线上带来DBH、1985 ...

Core Insights - Amazon is adapting its strategy for the upcoming Prime Day event by focusing on high-end beauty products to mitigate the impact of tariffs imposed by the Trump administration on goods sourced from China and other high-tariff countries [1][2] Group 1: Prime Day and Tariff Impact - The Prime Day event is scheduled from July 8 to July 11, and it is specifically for Prime members [1] - Some Amazon sellers are withdrawing from Prime Day to protect their profits due to the increased tariffs [1] - High-margin cosmetics sales are expected to help offset the negative effects of tariffs on Prime Day sales and consumer sentiment [1] Group 2: Growth of High-End Beauty Products - The beauty sector has become essential for consumers, even during economic downturns, according to Anna Mayo from Nielsen [2] - Amazon's high-end beauty service, launched in 2013, faced initial resistance from luxury brands but is now promoting top beauty and haircare brands [2] - During last year's Prime Day, U.S. consumer spending reached $14.2 billion, a year-on-year increase of 11% [2] Group 3: Profitability and Market Trends - High-end beauty products typically have higher profit margins compared to other categories sold during Prime Day [3] - The small packaging and high price of these products contribute to their profitability for Amazon [3] - Amazon's high-end beauty sales are projected to grow nearly 20% from April 2024 to April 2025, reaching $15 billion, surpassing the 14% annual growth rate of beauty products outside specialized e-commerce platforms [4] Group 4: Brand Collaborations and Strategies - Major brands like Estée Lauder and L'Oréal are expanding their presence on Amazon, with Estée Lauder launching 11 brands on the platform since March 2024 [4] - Amazon's high-traffic shopping periods, including Prime Day, provide opportunities for brands to attract new and returning customers [5] - Many high-end brands are localizing their procurement strategies, which reduces the immediate impact of tariffs [5]

饿了么、飞猪加入阿里中国电商事业群！ 6月23日，阿里巴巴集团CEO吴泳铭发布全员邮件宣布，即日起，饿了么、飞猪加入阿里中国电商事业群。 有行业人士分析称，在过去两个月，淘宝闪购协同各方展现出的业务潜力，促使阿里进一步坚定了加大投入、 整合资源的决心。本次调整，是为了给消费者更好地提供优惠与便利，也为品牌及商家探索新的商业模式和生 意增长创造更大空间。 淘宝闪购今年发力 今年5月2日，淘宝闪购正式上线，不到一个月，日订单量即超4000万。阿里巴巴2025财年第四季度及全年财报 业绩会曾透露，淘宝闪购无论在规模增长还是效率提升上均超出预期。 数据显示，在刚刚过去的天猫618，淘宝闪购用户规模和活跃度创下新高，平台购买用户数实现双位数增长， 618全周期天猫剔除退款后的GMV同比增长10%。在今年天猫618，品牌纷纷加码即时零售，3C数码、服饰、 快消、运动户外等行业多个品牌。 有分析认为，此次战略调整后，阿里加大力度整合集团资源，升级走向大消费平台，也有望为淘宝闪购带来更 多发展空间。 具体来看，范禹继续担任饿了么董事长兼CEO，南天继续担任飞猪CEO，两人均向阿里电商事业群CEO蒋凡汇 报。饿了么、飞猪继续保 ...