从让中国消费者"买全球"到助力中国品牌"卖全球"，行云的十年转型折射出中国跨境电商的蝶变。王维 坚信，中国制造业正从低附加值向高附加值转换，在跨境电商的征途上，行云也将始终秉持"行到水穷 处，坐看云起时"的智慧与韧性，在国际贸易的数字化浪潮中继续稳步前行。 ◎记者丁鹏 "行云这个名字，取自唐代诗人王维的诗句'行到水穷处，坐看云起时'，同时与公司创业之初的口号'跨 境行家，货源云集'相呼应。"行云集团创始人、董事长王维日前在接受上海证券报记者采访时表示，行 云创立十年也确实经历了不少"行到水穷处"的时刻，但也总能"坐看云起时"。 "我们的愿景，始终是让全球买卖变得更简单。"王维介绍，行云在中国跨境电商发展的浪潮中，坚 持"买全球""卖全球"的初心，从两室一厅的民宅创业，到成为布局全球72个国家和地区的跨境电商龙 头，年交易额从500万元快速增长到500亿元。未来，行云将通过AI等新技术的赋能，将更多的中国好 商品卖到国外去。 看准大势，从五人起家到行业独角兽 "当时跨境电商是一个非常好的风口，而我的初心就是让中国消费者能买到全世界最好的东西。"王维回 忆说，公司创业初期，他和四个小伙伴一起从中兴辞职，在深圳一套 ...

为促进跨境资金自由流通，《方案》明确，联动创新区将探索优化上海市内、自贸试验区外FT账户适 用范围拓展名单的申请流程。深化跨国公司本外币一体化资金池试点，支持跨国公司主办企业通过国内 资金主账户代境外成员企业办理其与境内成员企业或境外主体之间的集中收付。开展外债登记管理改革 试点，符合条件的企业可以办理一次性外债登记，不再逐笔办理外债签约登记。允许银行业金融机构按 相关规定向境外金融同业跨境拆出短期人民币资金。允许试点地区符合条件的融资租赁公司与其下设的 特殊目的公司（SPV）共享外债额度。 为有序推进数据跨境流动，联动创新区将在国家数据跨境传输安全管理制度框架下，允许金融机构向境 外传输金融监管部门认可的日常经营所需的数据。优化科研数据跨境流动管理，实施科研数据分类分级 管理，探索建立科研数据交易流通、跨境传输、安全保护等制度和标准规范。企业和个人因业务需要确 需向境外提供数据，且符合国家数据跨境传输安全管理要求的，可以向境外提供。支持探索"来数加 工"等新业态和新模式。 在自主改革清单方面，《方案》全力支持打造各具特色的产业新形态。具体来看，支持虹桥国际中央商 务区联动创新区发展跨境电商产业、支持上海国际 ...

作为拼多多旗下的跨境电商平台，TEMU以其独特的"全托管运营模式"在全球市场快速发展。该模式下，商家主要负责供货，而平台则承担运营、物流及售 后等环节。本文将客观解析TEMU所采用的多种物流配送方式。 TEMU跨境电商的物流模式解析 这种方式物流时效相对较快，从中国发往美国通常可在5–12天内完成投递。不过，物流成本因渠道而异，且售后责任由商家自行承担，因此更适合已具备海 外仓配能力、日均单量较大的品牌或头部卖家。 三、海外联合仓模式 TEMU在海外设立联合仓，卖家提前将货物备至这些仓库中，由平台统一进行订单履约和本地发货。其优势在于派送时效显著提升，普遍可实现2–4日达， 有助于提升消费体验。物流费用由平台统一定价，售后也由平台负责处理。 四、虚拟海外仓模式 统仓统配是TEMU最主要的物流方式。商家仅需将商品运送到国内指定的中转仓库，后续的打包、国际干线运输、清关以及海外末端派送等环节全部由平台 负责完成。 该模式的优点在于，商家无需处理复杂的跨境物流问题，综合成本较低，操作效率较高。同时，售后及赔付机制较为明确，非常适合入门级卖家及中小型商 家。 二、官方直发模式 在该模式下，商家可选择从自有海外仓或国内 ...

商务区纳入自贸试验区，可以更好地服务国家战略，打造国际贸易中心新平台、世界级交通枢纽门户、长三角协同创新引领区和国际化中央商务区，在 更大区域、更广领域内优化提升自贸试验区战略。 根据《建设方案》部署，在加快提升投资贸易便利化水平、着力优化金融和数据跨境服务、全面深化科技创新体制机制改革、加快人才和土地要素保障 体系等四大方面的改革任务外，虹桥国际中央商务区联动创新区将重点聚焦发展跨境电商产业，推动一系列高含金量的支持举措精准落地。 具体来看：支持开展跨境电商企业数字化监管试点；研究建设跨境电商出口前置仓，实现"一次申报、监管前置、港口直通"；支持上海海关技术中心功 能落户虹桥，设立海关综合技术服务点；推进上海仲裁机构在跨境电商等新兴领域提供高效便捷的仲裁服务：推动在虹桥商务区设立各国签证服务中心，试 行再次赴港澳签注24小时便利办证服务。 商务区将立足上海国际贸易中心新平台的定位，发挥与虹桥国际开放枢纽的协同优势，促进商品、技术、数据、信息、服务、人才等资源要素充分交 流、交换和交易，推动跨境电商等贸易新业态高质量发展。 虹桥国际中央商务区迎来重大利好！ 10月15日，中国（上海）自由贸易试验区推进工作领导 ...

前言：2025年10月，跨境电商行业迎来历史性转折点。亚马逊等主流平台正式启动卖家涉税信息报送机制，标志着中国跨境电商从"无税号不申报"的灰色时 代迈入"数据即合规"的强监管时代。 近日，亚马逊通过卖家后台发布公告，明确将按季度向中国税务机关报送中国卖家的身份信息与交易数据。截至10月中旬，包括亚马逊、沃尔玛、 Shopify、TikTok、TEMU、SHEIN、速卖通、eBay在内的十余家主流跨境电商平台均已完成在税务机关的备案工作。 2025年6月20日，国务院发布《互联网平台企业涉税信息报送规定》（国务院令第810号），首次以法规形式明确互联网平台报送涉税信息的法定义务。 紧随其后，6月26日国家税务总局发布《关于互联网平台企业报送涉税信息有关事项的公告》（2025年第15号），细化了报送范围、时间节点和信息类型等 实操要求。 9月28日，三部门再次联合发布《关于规范互联网平台企业涉税信息报送有关行政处罚事项的公告》（2025年第22号），明确了对违规平台的处罚细则，标 志着监管从"劝诫"转向"亮剑"。 根据国家税务总局电子税务局"全国互联网平台名单信息查询"系统显示，众多跨境电商平台已完成备案。 1. ...

红筹架构与ODI备案，是相互独立但又紧密关联的两个环节。红筹架构的搭建，通常需以ODI备案作为前提。不过二者在定义、适用场景、流程以及合规重 点上，存在着本质的差异。以下AC从核心逻辑、架构差异、合规要点这三个维度展开分析： 红筹架构 典型场景：制造业海外建厂；能源资源，开发；跨境电商，供应链布局等。 二者关系 关系：在红筹架构的搭建过程中，境内资金需要通过ODI备案，从而合法地出境到达境外控股公司（例如开曼主体），不然就会构成违规行为。 定义：境内企业通过境外控股公司（如开曼、BVI间接持有境内资产，实现境外上市融资。 核心目标：绕过境内A股上市的高门槛，利用境外资本市场（如港股、美股融资）。 典型场景：科技互联网教育等外资限制行业的企业，需借助协议控制（VIE或者进行股权收购，以此来达成境内业务的整合。 ODI备案 定义：境内企业以现金、实物、无形资产等方式在境外设立、参股或并购企业，需向发改委、商务部、外汇局备案。 核心目标：确保资金，能够合规地出境，防范资本，避免出现无序的流动，维护国家的，经济安全。 比如说有一家科技企业没有完成ODI备案就向境外SPV注入资金，结果被外汇局予以处罚，并且其境外投资资 ...

Core Viewpoint - The stock of Xinghui Co., Ltd. experienced a significant drop of 11.26% on October 15, with a trading volume of 464 million yuan and a market capitalization of 3.534 billion yuan [1] Company Overview - Xinghui Co., Ltd. is primarily engaged in the research, production, and sales of precision metal connectors, as well as its own brand of smart home appliances and consumer electronics [4][8] - The company's main products include slides, hinges, pull baskets, sinks, faucets, and various consumer electronics [4][8] - As of June 30, the number of shareholders increased by 8% to 27,100, while the average circulating shares per person decreased by 7.4% to 13,104 shares [8] Financial Performance - For the first half of 2025, the company reported a revenue of 726 million yuan, a year-on-year decrease of 9.38%, and a net profit attributable to shareholders of -10.137 million yuan, a decline of 208.43% [8] - The company has cumulatively distributed 71.16 million yuan in dividends since its A-share listing, with no dividends distributed in the last three years [9] Business Segments - In 2024, overseas revenue accounted for 67.99% of the company's total revenue, benefiting from the depreciation of the RMB [3] - The smart home appliance segment generated sales revenue of 240 million yuan, representing 37.14% of the company's e-commerce business revenue [4] Market Activity - The stock's average trading cost is 7.45 yuan, with the current price near a support level of 7.48 yuan, indicating potential for a rebound if this support holds [7] - The main capital inflow for the day was -24.50 million yuan, with a net inflow of 1.22 billion yuan in the industry, indicating a lack of clear trends in capital movement [5][6]

Core Viewpoint - The company, Huakai Yibai, is experiencing growth in its cross-border e-commerce business, benefiting from the depreciation of the RMB and leveraging technologies such as AIGC and VR to enhance operational efficiency and service offerings [2][3]. Group 1: Company Overview - Huakai Yibai Technology Co., Ltd. was established on February 23, 2009, and listed on January 20, 2017. The company focuses on spatial environment art design and provides comprehensive exhibition services for large exhibition halls, with a primary revenue source from cross-border e-commerce [7]. - As of June 30, 2025, the company reported a revenue of 4.538 billion yuan, representing a year-on-year growth of 28.97%, while the net profit attributable to shareholders decreased by 72.69% to 36.74 million yuan [7]. Group 2: Business Segments - The company's revenue composition includes 92.16% from cross-border e-commerce, 7.71% from comprehensive cross-border e-commerce services, and 0.18% from other business activities [7]. - The company is actively involved in multiple platforms and regions for its cross-border e-commerce exports, primarily targeting Europe and North America [2]. Group 3: Technological Integration - The company utilizes self-developed systems incorporating AIGC technology to automate product copy generation, significantly reducing labor costs and improving operational efficiency [2]. - Huakai Yibai's VR technology is applied in exhibition setups, focusing on environmentally friendly design and exploring VR content creation and interactive platforms [2]. Group 4: Market Performance - On October 15, the stock price of Huakai Yibai increased by 2.28%, with a trading volume of 67.5634 million yuan and a market capitalization of 4.359 billion yuan [1]. - The average trading cost of the stock is 11.41 yuan, with the current price near a support level of 10.63 yuan, indicating potential for a rebound if this support holds [6].

Core Viewpoint - The Shanghai Free Trade Zone (FTZ) is expanding its innovative institutional framework by establishing additional "8+1" linked innovation zones, aiming to enhance the effectiveness of institutional innovation and promote economic development across various sectors [1][2]. Group 1: Expansion of Innovation Zones - The Shanghai Municipal Development and Reform Commission announced the establishment of eight key areas and five national economic and technological development zones as part of the second batch of linked innovation zones [1]. - The total area covered by the first batch of "6+1" linked innovation zones is approximately 193 square kilometers, including six administrative districts and six comprehensive bonded zones [2]. Group 2: Reform Initiatives - The linked innovation zones will implement two lists of reform tasks: a replication and promotion list with 57 items and a self-reform list with 29 items tailored to specific zones [1][4]. - The focus is on accelerating the promotion of institutional innovation results and supporting the development of distinctive industries in each zone [3]. Group 3: Areas of Focus for Reforms - The replication and promotion list covers six major areas: investment, trade, finance, cross-border data, scientific innovation, and talent [5]. - Specific initiatives include allowing foreign investment institutions to apply for domestic financial licenses and supporting the establishment of wholly foreign-owned hospitals [5]. - In the scientific innovation sector, the promotion of a "package system" for fiscal research project funding is highlighted, allowing greater autonomy in the distribution of technology transfer revenue [6]. Group 4: Targeted Reforms in Specific Zones - Each linked innovation zone will have targeted reforms; for example, the Hongqiao International Central Business District will focus on cross-border e-commerce, while the Shanghai International Tourism Resort will aim to create new tourism consumption scenarios [7]. - The Longjing innovation zone will emphasize the development of platform economies and the transformation of breakthrough technological achievements in electronic materials [7]. Group 5: Mechanisms for Implementation and Evaluation - A mechanism for regular replication and promotion will be established, with differentiated annual assessments for the first and second batches of linked innovation zones [8]. - The aim is to ensure that reform policies are effectively implemented and to promote successful experiences and typical cases across the city [8].

中国经济导报、中国发展网讯 "义乌市场完成新一轮迭代升级，开启从传统贸易模式向数字贸易生态跃 升的新进程，并朝着打造数字化、国际化、现代化、低碳化的全球贸易标杆地破浪前行。"10月14日， 浙江义乌第六代市场核心标志项目——全球数贸中心正式开业运营。 建强"3"个数贸平台。做强Chinagoods平台，为全球贸易商提供"关汇税、运仓融"一站式贸易服务；开 发专注于小商品贸易垂直领域的"世界义乌"商贸大模型，推出小商AI设计、小商AI视创、AI视频翻译 等13项AI应用；通过贸易数据归集、算法学习训练，迭代商贸大模型，更好为广大中小微主体降本、 增效、赋能。做大数字化供应链平台，全球布局国内仓、海外仓国际物流专线"两仓一线"交付体系，放 大"世界货、义乌拼、发全球"优势。做优"义支付"平台，积极拓展海外收付能力，实现支付全球、收款 无忧。这三个平台相互协同，Chinagoods平台提供数字化的贸易服务，数字化供应链平台保障货物的高 效流通，义支付平台则解决了支付结算问题，共同为数字贸易的发展提供了全方位的支持。 对历史最好的致敬，是书写新的历史；对未来最好的把握，是开创更加美好的未来。可以想象，数字化 解锁义乌 ...