Economic Performance - In April, the industrial added value above designated size increased by 6.1% year-on-year and 0.22% month-on-month, while the total retail sales of consumer goods reached 37,174 billion yuan, growing by 5.1% year-on-year [1] - Fixed asset investment (excluding rural households) from January to April totaled 147,024 billion yuan, with a year-on-year growth of 4.0% [1] Structural Challenges - Despite the positive growth in industrial and consumer sectors, structural challenges remain, including the need for further improvement in residents' income and the ongoing bottoming out of the real estate market [2] - The external environment poses risks such as geopolitical conflicts and trade frictions, but there is potential for China to diversify its export markets and enhance its high-tech product offerings [2] Manufacturing Growth - The equipment manufacturing industry and high-tech manufacturing industry achieved high growth rates of 9.8% and 10% respectively, indicating ongoing industrial structure optimization [2][3] - Government support through fiscal measures and subsidies is suggested to bolster emerging technology products and enhance market efficiency [2] Real Estate Market - The real estate market is currently in a bottoming phase, and policies should focus on stabilizing demand while ensuring risk control [4] - Short-term measures may include lowering mortgage rates and optimizing city-specific support policies to meet housing demand [4][5] Consumer Spending - The introduction of differentiated subsidies is recommended to stimulate consumption, particularly in lower-tier cities and rural areas [6] - The shift in consumption patterns from "external display" to "internal entertainment" highlights the importance of service consumption in driving economic growth [7][8] Foreign Trade - In April, exports increased by 9.3%, with a notable shift towards emerging markets, which helps mitigate risks from traditional markets [11] - Future focus areas for foreign trade include enhancing the resilience of supply chains, deepening regional cooperation, and improving the competitiveness of products in international markets [12]

Core Viewpoint - The article provides guidance on common tax-related questions for businesses, particularly focusing on corporate income tax filing and deductions for research and development expenses. Group 1: Corporate Income Tax Filing - Taxpayers must complete the corporate income tax reconciliation for the year 2024 between January 1 and May 31, 2025 [1] - The State Administration of Taxation has revised the corporate income tax annual declaration form, indicating that losses should be filled in with a "−" sign [7] Group 2: Research and Development Expenses - Electronic cigarette manufacturing companies are classified under the tobacco manufacturing industry and are not eligible for the R&D expense deduction policy [2][3] - Expenses incurred from creative design activities aimed at innovative products can be deducted as R&D expenses, provided they meet specific criteria [4] - Companies must differentiate between R&D activities and creative design activities to avoid double benefits from the R&D expense deduction [5] Group 3: Asset Impairment Losses - The amounts reported for "asset impairment losses" in the main declaration form and the tax adjustment project table must match, except for financial enterprises [6] Group 4: Tax Exemptions for Agriculture - Income from agricultural, forestry, animal husbandry, and fishery projects can be exempted or reduced from corporate income tax, and specific reporting requirements must be followed [8] Group 5: Tax Treatment of Financial Funds - Fiscal funds that qualify as non-taxable income must be included in taxable income after five years if not spent or returned [17] Group 6: Equipment Deduction Policy - New equipment and tools purchased by companies can be fully deducted in the current period if their unit value does not exceed 5 million yuan, without considering the estimated net residual value [18] Group 7: Dividend Income from Partnerships - Dividend income from partnerships and foreign enterprises does not qualify for tax exemption under the corporate income tax law [19][26]

Core Viewpoint - The cross-border financial service platform plays a crucial role in supporting foreign trade enterprises by providing diversified financial support, enhancing risk prevention capabilities, and promoting the digital transformation of the foreign trade industry, ultimately contributing to high-quality development and international competitiveness of China's foreign trade sector [1][6]. Summary by Relevant Sections 1. Current Status of China's Foreign Trade Industry - In 2024, China's total import and export value reached 43.85 trillion yuan, a year-on-year increase of 5%, with exports exceeding 25 trillion yuan, solidifying China's position as the world's largest goods trader [2]. - The structure of foreign trade products continues to optimize, with high-end equipment exports growing over 40%, and electromechanical products accounting for nearly 60% of total exports [2]. - The "new three items" (new energy vehicles, lithium-ion batteries, and solar panels) have become significant drivers of foreign trade growth, reflecting China's technological strength in these areas [2]. 2. Growth of Foreign Trade Enterprises - The number of foreign trade-related enterprises has shown significant growth, with a stock scale surpassing 5 million for the first time in 2024, reaching 5.0736 million [3]. - Cross-border e-commerce has emerged as a new growth point, with an annual import and export value of 2.63 trillion yuan, a year-on-year increase of 10.8% [3]. - Notable companies like Xiaomi and BYD have demonstrated strong market competitiveness in overseas markets, contributing to the growth of China's foreign trade [3][5]. 3. Financial Services for Foreign Trade Development - Foreign trade enterprises require various financial services, including production loans, project financing, and supply chain finance, to alleviate financial pressure and support business expansion [7][8]. - The demand for financial services is becoming increasingly diverse and personalized, covering payment, financing, risk management, and international settlement [8][10]. - The need for efficient cross-border financial services is growing, driven by the complexities of international trade and the necessity for rapid payment and financing solutions [11][12]. 4. Development Trends of Cross-Border Financial Services - The integration of technologies such as big data, artificial intelligence, and blockchain is enhancing the efficiency and security of cross-border financial services [9][10]. - Cross-border financial service platforms are evolving to provide comprehensive solutions that include payment, financing, insurance, and logistics services, facilitating deeper integration with the real economy [9][14]. - The platforms are crucial for promoting trade facilitation, enhancing the efficiency of cross-border transactions, and supporting the internationalization of the renminbi [15][16]. 5. Future Directions - There is a need for continuous innovation in technology, services, and regulation to ensure the sustainable development of cross-border financial service platforms [16]. - The platforms should focus on providing tailored financial solutions for different industries and scales of enterprises, enhancing risk control capabilities, and ensuring compliance with various regulatory policies [12][13].

一连多日，从金融市场到跨境商家，都沉浸在中美关税冲突缓解的喜悦和兴奋中，印证了中国商务部国 际贸易谈判代表兼副部长李成钢5月11日在瑞士日内瓦，被美媒记者问及中美何时就经贸高层会谈发布 联合声明时所说："中国有句话'好饭不怕晚'，我想无论什么时候发布，世界的反应都是积极的。" 外界普遍用"高于预期"来形容此次中美两国官员在美国总统特朗普发动关税战后的首次面对面会晤。根 据5月12日发布的中美日内瓦经贸会谈联合声明，中美各取消91%的关税、暂停实施24%的"对等关 税"90天，相互调整后的关税于5月14日正式实施。中方表示，中美迈出了通过平等对话协商解决分歧的 重要一步。 中国国际问题研究院研究员、美国问题专家刘飞涛在接受中青报·中青网记者采访时表示，此次会谈内 容主要聚焦近期新增的关税事项，不包括今年2月和3月美国以所谓芬太尼问题为由，对中国输美产品两 度加征的共计20%关税。这意味着，中国对自美国进口商品的关税从125%降至10%，美国对中国商品的 关税由145%降至30%，仍处于较高水平。美国单边强征关税的做法，还需要进一步纠正。 90天关税暂停期的谈判重点 为推动制造业回归美国并为今年到期的美国国债寻找 ...

专家指出，广东一季度GDP同比增长4.1%来之不易，未来外贸增长情况有待关注 最新发布的广东省一季度经济数据表明，制造业转型升级、以旧换新促消费等政策收到成效。 4月22日，广东省统计局发布数据显示，一季度广东实现地区生产总值33525.51亿元，同比增长4.1%。 其中，第一产业增加值934.45亿元，增长3.3%；第二产业增加值12002.53亿元，增长3.7%；第三产业增 加值20588.53亿元，增长4.3%。 中山大学岭南学院经济学系教授林江在接受第一财经采访时表示，广东一季度经济增速虽然低于全国 5.4%的水平，但鉴于广东经济体量巨大，4.1%的增速亦属可贵。 制造业转型升级新动能增长显著 一季度，广东规模以上工业增加值同比增长3.9%，增速比1-2月份加快1.1个百分点，其中3月份增长 5.5%。记者注意到，广东新动能产业增势良好，先进制造业、高技术制造业增加值分别增长5.9%、 5.3%，比规模以上工业增速高2.0个、1.4个百分点。高技术产品产量快速增长，新能源汽车、储能用锂 离子电池、工业机器人、服务机器人产量分别增长29.9%、83.5%、31.3%、10.8%。 林江向记者指出，广东在 ...

Group 1 - Guangzhou and Shenzhen have been selected as pilot cities for promoting sports consumption and event economy, which will be conducted from 2025 to 2027, aiming to enhance the sports industry and market consumption [1][2] - Dongguan has introduced four major measures to stabilize foreign trade growth, with a goal to increase the export share to the "Belt and Road" markets to over 30% by 2027, enhancing foreign trade structure and supply chain capabilities [3][4] - The Chief Executive of Macau, Ho Iat Seng, presented the first policy address of his term, focusing on economic recovery and diversified development, emphasizing improvements in public administration and social development [5][6] Group 2 - Guangdong Province has launched a pilot program for "no accompanying care" services in public medical institutions across eight cities, which aims to alleviate family burdens and promote the professionalization of nursing services [7] - The Shenzhen Component Index closed at 9884.30 points, up by 0.51% on April 14 [8] - Notable stock performances included United Chemical and Huicheng Vacuum, both rising by 20%, while C Taihe and YU Group saw declines of 11.24% and 10.09% respectively [9]

Group 1 - The total number of home appliances replaced through the national recycling program has exceeded 10 million units [2] - This week, 210 listed companies have announced share buybacks and increases in holdings [2] - Financial measures have been introduced to support the high-quality development of the sports industry [2] Group 2 - China has approved 50 cities as demonstration cities for public hospital reform and high-quality development [2] - Support will be provided for private enterprises to participate in the construction of virtual power plants [2] - Shanghai has released 20 measures to support the development of specialized and innovative small and medium-sized enterprises [2]