Core Insights - The recent pause in tariffs between China and the U.S. has created a valuable "foreign trade window" for businesses, leading to a surge in demand for shipping and logistics services [1][10][12] - Companies are experiencing a significant increase in orders, with some reporting a 30% rise in order volume since the trade talks [11][19] - The logistics and shipping sectors are particularly busy, with container bookings from China to the U.S. increasing by nearly 300% in a recent week [4][10] Shipping and Logistics - Shipping companies are adjusting their capacities to meet the rising demand, with some reporting a doubling of bookings for freight from China to the U.S. [1][4] - The Ningbo-Zhoushan Port is experiencing a busy period, with a reported throughput of 998,000 standard containers in April, reflecting a year-on-year increase of 5.6% [4][19] - Freight rates for shipping to the U.S. have surged, with costs for the West Coast reaching approximately $6,000 per standard container and the East Coast around $7,000, both doubling from earlier this year [6][8] Export Trends - U.S. retailers are actively seeking to replenish inventory ahead of the holiday season, with a notable increase in inquiries for products from China [10][11] - Various sectors, including toys, clothing, and food products, are seeing a rise in orders as businesses aim to capitalize on the temporary tariff relief [10][11] - Companies are reporting tight shipping space, with some logistics firms experiencing a backlog in shipping requests [6][10] Market Sentiment - Many Chinese exporters are optimistic about the U.S. market, with expectations of continued demand despite the uncertainty surrounding future tariffs [15][19] - The sentiment among exporters is that the trade relationship will improve, as both sides recognize the mutual benefits of trade [15][20] - Companies are exploring new markets and diversifying their export strategies to mitigate risks associated with tariffs [19][20]

Core Viewpoint - The reduction of tariffs between China and the United States has led to a surge in cross-border trade, with American companies significantly increasing their orders for Chinese goods, resulting in heightened shipping and warehousing pressures [1]. Group 1: Trade Dynamics - Following the tariff reductions, American traditional retail clients have begun to clear backlogged orders, leading to a peak in cross-border shipping activities [1]. - The surge in orders has caused shipping rates for routes from China to the U.S. to increase due to high demand for container space [1]. Group 2: Business Recovery - Many projects that were previously stalled due to tariffs are now being revived, with Chinese imports of equipment and materials resuming [1]. - American businesses are increasing their procurement of medical products and health supplement raw materials from China, with inventory levels reaching a six-month supply [1]. Group 3: Supply Chain Challenges - The previous tariff policies had caused shortages and stockouts for small and medium-sized businesses on American e-commerce platforms [1]. - The ongoing challenges in the supply chain and potential price increases for raw materials and goods may persist for some time, affecting the overall market dynamics in the U.S. [1].

Core Viewpoint - The Chinese warehousing index for April is reported at 50.7%, indicating continued expansion for six consecutive months, reflecting a positive start to the second quarter [1] Group 1: Index Performance - The warehousing index has remained in the expansion zone for six months, with a slight decrease of 0.1 percentage points from the previous month [1] - The new orders and employment indices have shown significant increases, indicating sustained market demand and improved employment absorption capacity [1]

Core Viewpoint - The Chinese warehousing industry continues to show signs of expansion, with the warehousing index for March at 50.8%, indicating a 0.6 percentage point increase from the previous month, marking five consecutive months of growth [1][2] Industry Performance - The warehousing index reflects a sustained upward trend in the industry, with business demand remaining strong [1] - The new orders index stands at 50.5%, down 1 percentage point from last month, while the facility utilization index is at 50.9%, a decrease of 1.6 percentage points, both still within the expansion range [1] - The average inventory turnover index rose to 54.5%, indicating improved efficiency in goods turnover and a faster pace of inventory consumption [1] Employment and Future Outlook - The employee index is at 50.5%, showing an increase in workforce numbers due to the end of holidays and the arrival of the busy season [1] - The business activity expectation index is at 55.2%, continuing to rise within the expansion range, reflecting a generally optimistic outlook among enterprises [1][2] - The warehousing industry is expected to maintain a stable and positive operational trend in the second quarter, driven by seasonal demand for bulk commodities and the ongoing effects of consumer policies [2]