Core Insights - South Africa is a major exporter of fruits in Africa, with a rich variety of fruits available year-round, particularly during the Northern Hemisphere's supply shortages in January [1][2] - The Morten brothers played a pivotal role in establishing South Africa's fruit export industry, starting with the successful export of peaches to London in 1892 [1][2] - The apple production in South Africa has grown significantly, with Elgin Valley contributing approximately 60% of the country's apple output, and the industry continues to focus on export-oriented growth [2] Fruit Export Industry Overview - South Africa's apple exports peak from January to May, coinciding with the Chinese market's demand during its "off-season" for domestic apples [3] - In 2024, China is projected to import 97,500 tons of apples, with South Africa becoming the second-largest supplier within a decade [3] - Challenges facing the South African apple industry include drought conditions, aging orchards, power shortages, and the need for improved brand recognition in international markets [3] Avocado Export Potential - South Africa has developed high-quality avocado varieties since the 1990s, with current planting areas around 20,000 hectares and an annual production of approximately 160,000 tons [4] - The entry of South African avocados into the Chinese market in October 2024 presents significant growth opportunities, especially with the rising demand for healthy foods [4][5] - However, competition from Peru, which holds over 71% of the Chinese avocado market, poses challenges for South African avocados [5] Competitive Advantages - South Africa's avocado harvest season spans from February to January, providing a unique supply window compared to competitors [6] - The visual appeal and taste of South African avocados, along with superior farming practices, enhance their marketability [6] - The overall fruit industry in South Africa, including pears, citrus, and lemons, is thriving and contributing to local employment and economic growth [6] Trade Challenges - Recent U.S. tariffs of up to 30% on South African citrus products have raised concerns about the impact on exports, with nearly 100,000 tons expected to be shipped to the U.S. in 2024 [7] - The industry is urged to diversify markets and enhance communication with U.S. authorities to mitigate the effects of these tariffs [7]

去年很多存款搬家去了债券市场赚差价，可现如今债券市场也不好赚钱了，资金又流回银行存成了定期。 先把刚出来的最新的 5 月金融数据，分析一波。 代表经济活跃度的 M1 ，增速 2.3% ，升至一年来的新高。这里面的核心原因是因为去年打击存款补息， 把基数拉得很低，参考意义不大。更关键点是环比数据，比上个月减少了2307亿元，说明企业和居民手里 的活钱又变少了，老问题还是没解决，消费和投资的意愿还在往下掉。广义货币供应量M2增速7.9%，增 速同样不低。 钱不少，但是都在银行手里捂着呢。 从最新的数据来看，前五个月住户存款增加了 8.3 万亿，全国人民存在银行的钱，又重新突破 160 万亿规 模。 周末有不少卖方在吹社融数据很好。 社会融资规模增加 2.3 万亿，同比多增 2271 亿元，月末增速 8.7% ，与上个月持平。和过去五年同期做 个横向对比，今年 5 月的社融属于次高水平，仅低于 2022 年。 乍一看总数，是一份相当亮眼的数据，可拆开来看，结构问题仍然存在。 从上面的图，最后一栏就是政府债券。 看看这条有多长，就会发现新增主要靠的是什么了，就是政府发债。 整个 5 月政府债券增加 14633 亿元， ...

一系列大招、实招、好招，即将推出。 6月13日，深圳举办"深入推进深圳综合改革试点"系列新闻发布会，介绍深圳市贯彻落实《关于深入推进深圳 综合改革试点深化改革创新扩大开放的意见》（以下简称《意见》）的相关情况，以及进一步全面深化改革的 情况。 证券时报记者在发布会上获悉，《意见》以系统集成的方式，部署了一大批含金量高、撬动力强、内涵丰富的 重大改革举措。深圳将逐项细化任务书、路线图、时间表，再推出一批改革措施，落地一批创新实验，深化一 批改革举措，有力有序推动意见部署的各项任务落地落实。 从四大方面进一步深化改革 深圳市委常委、秘书长、改革办主任郑红波表示，综合改革试点实施近五年来，各项改革任务扎实有序推进， 取得了重要进展和成效，主要体现在六个方面：一是要素协同配置效率持续提高，二是一流营商环境加快打 造，三是科技创新体制机制进一步完善，四是构建高水平开放型经济体制取得新进展，五是公共服务体制日益 优化，六是生态环境和城市空间治理机制不断完善。 郑红波表示，《意见》在新的起点上赋予深圳一系列重大改革任务，深圳将从四个方面进一步深化改革。 一是在创新、教育、科技、人才体制机制上先行先试。深圳将紧紧围绕建设具有 ...

本周以来 海关总署、国家税务总局等部门 陆续发布权威数据 交出亮眼成绩单 下面一起通过一组数据 感受中国经济的底气与活力 同比增长2.5% 前5月我国外贸保持较强韧性 海关总署6月9日对外公布，今年前5个月，我国货物贸易进出口总值17.94万亿元，同比增长2.5%，延续增长态 势。5月份进出口3.81万亿元，增长2.7%。5月当月，我国出口2.28万亿元，增长6.3%。其中，对东盟、欧盟、非 洲、中亚五国出口分别增长16.9%、13.7%、35.3%、8.8%。 离境退税新政实施首月 办理退税数量同比增长116% 离境退税新政实施首月 办理退税数量显著增长 Elistans 离境 退税 全国税务部门办理离境退税笔数同比增长116%，退税商店销售额同比增长56%； "即买即退"业务试点推广至全国，办理数量同比增长32倍，销售额比去年同期增长50倍； 新增离境退税商店1303家，全国离境退税商店已增至5196家，为2024年底的1.4倍。 前5个月我国汽车销量达1274.8万辆 新能源车占比44% 记者6月11日从中国汽车工业协会获悉，最新数据显示，今年前5个月，汽车产销量同比增长均超10%。当前，我 国汽车行业 ...

Core Insights - The article emphasizes the importance of multilateral frameworks and regional cooperation in response to U.S. protectionism and unilateralism, as highlighted by Lin Yifu from Peking University [1] - China's trade data for May shows resilience despite external pressures, with exports to ASEAN, EU, Africa, and Central Asia growing significantly [2][4] - The decline in China's exports to the U.S. by 34.5% in May underscores the need for diversification in trade partnerships [3][4] Trade Performance - In May, China's total exports increased by 6.3% year-on-year, with notable growth rates of 16.9% to ASEAN, 13.7% to the EU, 35.3% to Africa, and 8.8% to Central Asia [1][2] - The World Bank has downgraded global economic growth expectations from 2.7% to 2.3% due to trade barriers and policy uncertainties [2] Structural Changes in Trade - China's trade structure is optimizing, with increasing exports to ASEAN, Africa, and Central Asia, which are seen as new growth points outside traditional markets [4] - The trade relationship between China and the EU is strengthening, with exports to the EU growing faster than overall exports, indicating a high degree of economic complementarity [6] Regional Cooperation - The article discusses the significance of regional cooperation, particularly with ASEAN, as a stabilizing factor for the Asia-Pacific economy and a model for multilateral free trade [4] - The ongoing economic dialogue between China and the UK reflects a renewed focus on cooperation, despite geopolitical tensions [7] Future Opportunities - Companies are encouraged to leverage the benefits of the Regional Comprehensive Economic Partnership (RCEP) to enhance competitiveness and market access [10] - There is a call for continued support for private enterprises in foreign trade, particularly in financing and risk management [11]

Core Viewpoint - The AEO (Authorized Economic Operator) system is transforming Dongguan's foreign trade landscape, shifting the city from a "foreign trade giant" to a "foreign trade powerhouse" through enhanced efficiency and compliance measures [3][9][10]. Summary by Relevant Sections AEO System Impact - As of May this year, 200 AEO-certified enterprises in Dongguan, representing only 0.3% of the total number of enterprises, contributed 52% of the city's total import and export value [8][9]. - The AEO certification serves as a "golden signboard" for international trade, providing practical tools to overcome efficiency bottlenecks [9]. Policy and Support Measures - The customs authority offers 45 facilitation measures across six categories, including reduced inspection rates and prioritized inspections, which, combined with incentives from 40 government ministries, create a synergistic effect [9][10]. - Local government and financial institutions are collaborating effectively, with the provincial Agricultural Bank providing over 8 million yuan in fee reductions for AEO enterprises, supported by government funding [4][10]. Strategic Transformation - The transition from a "scale dividend" to a "quality dividend" is central to Dongguan's foreign trade evolution, with AEO certification driving industry upgrades [4][10]. - The collaboration among customs, local government, and enterprises is forming an unprecedented synergy, enhancing policy precision and depth to meet enterprise needs [10]. Future Outlook - The ongoing development of the AEO system is expected to further elevate Dongguan's position in the global value chain, showcasing its robust capabilities in international competition [10].

Core Insights - The relationship between China and Central Asian countries has seen significant growth and vitality, with increased trade and cultural exchanges being highlighted as key developments [8]. Group 1: China-Kazakhstan Relations - The introduction of a visa exemption agreement in 2023 has led to the establishment of multiple direct flight routes between China and Kazakhstan, facilitating easier business travel [10]. - Chinese products are increasingly popular in Kazakhstan, with local consumers showing a preference for Chinese goods, leading to a rise in cross-border shopping activities [10]. - The upcoming second China-Central Asia Summit is expected to further enhance practical cooperation between China and Kazakhstan [10]. Group 2: China-Tajikistan Relations - There has been a notable increase in Chinese enterprises investing in Tajikistan, particularly in international trade and construction sectors [12]. - A shift from "sitting merchants" to "traveling merchants" is observed, with Chinese companies now conducting market research and adapting their offerings to local needs [12]. - Cultural exchanges, such as the establishment of a Chinese library in Tajikistan, are seen as vital for enhancing mutual understanding and cooperation [13]. Group 3: China-Uzbekistan Relations - The "Two Zones and One Park" industrial technology zone project is underway, aimed at attracting Chinese investments in green energy and high-end manufacturing [14]. - The growing presence of Chinese nationals in Uzbekistan reflects the strengthening ties between the two countries, with local governments eager to collaborate with Chinese businesses [15]. - Plans for establishing vocational training schools and promoting traditional Chinese medicine in Uzbekistan indicate a commitment to long-term bilateral cooperation [16].

点击按钮▲立即预约 " 评价城市的指标， GDP 、房价、税收等 ' 硬指标 ' 不是关键了，取而代之的是城市人消费力、大品牌青睐度、商业配套成熟度、城市枢纽地位、人才吸引力 …… 这类更 具 ' 人味儿 ' 的维度。 " 文 / 巴九灵（微信公众号：吴晓波频道） 伴随着高考的落幕，每年度的"城市大考 " 也到了放榜之际。 但这一次的成绩单， GDP 不重要了，房价、税收、企业、民间财富等经济层面的 " 硬指标 " 也并非关键。 取而代之的，是城市人消费力、大品牌青睐度、商业配套成熟度、城市枢纽地位、人才吸引力 …… 这类更具 " 人味儿 " 的数据维度。 最近，第一财经公布《 2025 新一线城市魅力排行榜》，榜单将中国 337 个地级及以上城市，在商业资源集聚度、城市枢纽性、城市人活跃度、 新经济竞争力和未来可塑性五大 " 科目 " 上的表现，进行了各项评分并综合排序。 从总榜来看， 2025 年度脱颖而出的 15 个 " 考生 "—— 新一线城市依次是：成都、杭州、重庆、武汉、苏州、西安、南京、长沙、郑州、天津、 合肥、青岛、东莞、宁波、佛山。 细看硝烟味也不少，比如佛山重回新一线队列，无锡则跌出榜单； ...

分析师：徐圣钧 执业证书编号： S1410519040002 证券研究报告·宏观经济点评报告 2025 年 6 月 12 日 江海证券研究发展部 沪深 300 走势图 数据来源：Wind,江海证券研究发展部，截至 2025 年 6 月 10 日 1. 宏观经济点评报告–2025 年 1-2 月中国 进出口分析：结构优化与外部挑战并存– 2025.03.10 回升，大中小型企业表现分化– 2025.03.02 总量研究组 2025 年 1-5 月中国进出口分析 ——关税边际影响有望下降，高科技产品需求增长 事件： 2025 年 6 月 9 日，海关总署公布了 1-5 月进出口数据。2025 年前五个月，我国 货物贸易进出口总值 17.94 万亿元人民币，同比（下同）增长 2.5%。其中，出 口 10.67 万亿元，增长 7.2%；进口 7.27 万亿元，下降 3.8%。5 月份，我国货物 贸易进出口总值 3.81 万亿元，增长 2.7%。其中，出口 2.28 万亿元，增长 6.3%； 进口 1.53 万亿元，下降 2.1%。 投资要点： 江海证券有限公司及其关联机构在法律许可的情况下可能与本报告所分析的企业存在 ...

华夏时报（www.chinatimes.net.cn）记者 张智 石家庄、崇左摄影报道 "越南榴莲，19块一斤，要不要来看看？"广西凭祥友谊关口岸之外，水果商贩大声招呼着往来游客。 在凭祥，来自东盟的水果随处可见，这里是中国与东盟水果进出口贸易最大的口岸城市，同时，凭祥站也是全国 首个可以办理进出口水果直通运输业务的铁路口岸车站。 6月4日，一列运载174吨榴莲、山竹等水果的中越跨境货物列车，从越南同登站经凭祥口岸抵达中国，随后在铁路 凭祥站发往全国各地。 与此同时，千里之外的石家庄国际陆港专用线内，巨大的龙门吊在轰鸣声中伸出长长的吊钩，将装满货物的集装 箱抓起，从货运堆场运送至中欧班列车体上。当一节一节车体全部装满集装箱后，工作人员一声令下，不远处的 火车头倒退着向车体靠拢，伴随着咔嗒一声，车头和车体无缝连接，在铁路工人固定并检查无误后，铁路发车正 式进入倒计时。 6月11日11时58分，这列满载着机械设备、汽车零配件、服装等货物的中欧班列，正式从石家庄国际陆港专用线出 发，几天以后，它将经过二连浩特口岸，最终驶向俄罗斯首都莫斯科。 这样的一进一出，彰显出我国对外贸易的活力。 而从全国范围来看，东盟也是我国 ...