Group 1 - The "2026 National Online New Year Goods Festival" will be held from January 19 to March 4, focusing on promoting traditional culture, enhancing quality supply, renewing consumption scenarios, and connecting domestic and international markets [2] - The festival will adopt a "1+N" format, with a national launch ceremony in Lanzhou, Gansu, and various local activities to create a vibrant celebration that combines cultural heritage with e-commerce [2] - Activities will include non-heritage performances and cultural exhibitions, aiming to enrich the festive atmosphere and promote Chinese New Year goods globally [2] Group 2 - In 2025, China's foreign trade showed resilience with a total import and export value of 45.47 trillion yuan, marking a 3.8% year-on-year increase, achieving growth for nine consecutive years [5] - The export of mechanical and electrical products grew by 9%, accounting for over 60% of total exports, indicating a shift towards innovative and green low-carbon products [5] - China is enhancing its trade partnerships, with imports and exports to countries involved in the Belt and Road Initiative accounting for 51.9% of total trade [5] Group 3 - In 2026, China will face complex external changes but maintains a strong economic foundation, with the Ministry of Commerce focusing on stabilizing foreign trade through policy implementation, market diversification, and fostering new trade dynamics [6][7] - The Ministry plans to support enterprises in expanding into new markets and enhancing their capabilities through trade promotion activities and exhibitions [6][7] - Efforts will also be made to balance imports and exports, promoting high-quality products and services from other countries to meet domestic demand [7] Group 4 - The 2026 APEC meetings will be hosted in Suzhou, focusing on significant trade issues and aiming to strengthen cooperation in regional economic integration and green economy development [8] - The meetings will provide opportunities for dialogue among APEC economies, international organizations, and the business community, fostering collaboration and development [8] Group 5 - The recent resolution of the electric vehicle trade dispute between China and the EU is seen as a positive step towards sustainable trade relations, enhancing market confidence and cooperation in the automotive sector [9] - This resolution reflects a commitment to resolving trade differences through dialogue and maintaining a rules-based international trade order [9]

Group 1 - The core viewpoint of the articles highlights the significant increase in duty-free shopping in Hainan since the implementation of new policies following the closure of the free trade port on December 18, 2025, with over 585,000 shoppers spending nearly 3.89 billion yuan, marking a year-on-year increase of 32.4% and 49.6% respectively [1][2] - The number of duty-free product categories has expanded from 45 to 47, now including electronic products such as digital cameras and drones, which has contributed to the shopping surge [1] - Daily average shopping figures post-closure indicate approximately 24,000 shoppers and a total daily spending of 160 million yuan, surpassing pre-closure levels [1] Group 2 - The customs authority reported that since the closure, 18,000 tons of goods have been monitored under a "one-line" customs clearance model, with zero-tariff imports valued at 460 million yuan and duty-free goods amounting to 6.2128 million yuan [2] - The number of newly registered foreign trade enterprises in Hainan reached 4,709 within 24 days post-closure, equivalent to the total for an entire quarter in 2024, bringing the total to over 100,000 [2] - Hainan's total goods trade import and export reached 21.42 billion yuan, reflecting a year-on-year growth of 19.6%, with imports and exports increasing by 13.3% and 31.6% respectively [2]

Core Insights - The Hainan Free Trade Port has seen significant growth in duty-free shopping and foreign trade since its closure on December 18, 2025, with a notable increase in both the number of shoppers and total spending [1][2] Group 1: Duty-Free Shopping - The number of duty-free shoppers in Hainan reached 585,000, with total spending amounting to 3.89 billion yuan, representing year-on-year increases of 32.4% and 49.6% respectively [1] - The categories of duty-free goods have expanded from 45 to 47, now including electronic products such as digital cameras and mini drones [1] Group 2: Customs and Trade - Customs has regulated 18,000 tons of goods under a "zero tariff" import model, with imports valued at 460 million yuan and duty exemptions totaling 6.2128 million yuan [2] - The total value of goods traded in Hainan reached 21.42 billion yuan, reflecting a year-on-year growth of 19.6%, with imports and exports increasing by 13.3% and 31.6% respectively [2] Group 3: Business Growth - Since the closure, Hainan has registered 4,709 new foreign trade enterprises, with the number of new registrations in just 24 days equating to the total for an entire quarter in 2024 [2] - The total number of registered foreign trade enterprises in Hainan has surpassed 100,000 [2]

Core Insights - In 2025, China's foreign trade reached a record high of 45.47 trillion yuan, marking a 3.8% year-on-year growth and maintaining a growth trend for nine consecutive years [1] Group 1: Trade Structure Changes - The diversification of markets has strengthened China's foreign trade, with trade relations established with over 240 countries and regions, and over 190 of them experiencing import and export growth [1] - The total import and export value with Belt and Road countries reached 23.6 trillion yuan, a 6.3% increase, accounting for 51.9% of total trade, with growth rates exceeding the overall trade by 2.5 percentage points [1] - Exports to emerging markets such as Africa and Latin America grew by 18.4% and 6.5%, respectively, showcasing a strategic approach to reduce dependency on single markets [1] Group 2: Export Structure Upgrade - High-tech product exports increased by 13.2%, significantly outpacing overall export growth, with "new three samples" and wind turbine exports growing by 27.1% and 48.7%, respectively [2] - The export of self-owned brand products rose by 12.9%, with their share in total exports increasing by 1.4 percentage points, indicating a shift towards brand-oriented exports [2] - Equipment manufacturing products accounted for over 59.4% of exports, contributing 5.3 percentage points to overall export growth, reflecting the robust industrial system supporting trade [2] Group 3: Corporate Vitality - In 2025, over 780,000 entities recorded import and export activities, with private enterprises experiencing a 7.1% growth in trade, increasing their share to 57.3% [3] - Private enterprises are agile in responding to emerging market demands and actively engage in cross-border e-commerce, supported by government policies [3] - The Customs General Administration has initiated a special action for cross-border trade facilitation, launching 29 policy measures in 25 cities to enhance trade growth [3] Group 4: Future Outlook - The foundation of China's foreign trade remains solid, with the "14th Five-Year Plan" concluding successfully and the "15th Five-Year Plan" beginning on a positive note [4] - Continued reforms, trade innovations, and the cultivation of core competitiveness are expected to position China favorably in the global trade landscape [4] - The long-term positive economic fundamentals, combined with institutional, industrial, and talent advantages, will drive steady progress in high-quality foreign trade development [4]

二是开放引力显著增强。受自贸港封关利好的吸引，越来越多的企业到海南做生意，自封关后截至本月上 旬，海南新增备案外贸企业4709家，24天的新增备案数量相当于2024年一个季度的备案数，备案总数超过10 万家。封关运作带动海南外贸实现快速增长，同期全岛货物贸易进出口214.2亿元，同比增长19.6%，其中，进 口、出口分别增长13.3%和31.6%。 1月14日，国务院新闻办公室举行新闻发布会，介绍2025年全年进出口情况。参加发布会的海关总 署副署长王军介绍，再过几天，海南自贸港封关运作就将迎来"满月"，封关运作以来，各项政策扎 实推进，"一线""二线"进出顺畅高效，整体运行平稳有序。 三是离岛免税购物热度持续攀升。经过一轮政策调整，离岛免税商品类别由45类扩大到47类，新增了数码摄 影器材、微型无人机等电子产品。同时，享惠对象进一步扩大到从海南岛离境的旅客。封关之后截至本月上 旬，海南离岛免税购物人数58.5万人次、金额38.9亿元，同比分别增长32.4%和49.6%，相当于平均每天有2.4万 人在海南进行免税购物，日均购物总额达到1.6亿元，均高于封关之前。 王军表示，封关运作是海南自贸港建设的重要里程碑 ...

Core Viewpoint - The Hainan Free Trade Port has successfully implemented its closure operation, leading to significant economic benefits, including increased foreign trade and a surge in duty-free shopping activity [1][2]. Group 1: Policy Effects - Since the closure operation began, customs have regulated 18,000 tons of goods under the "first line" customs clearance model, with zero-tariff imports valued at 460 million yuan and duty-free sales amounting to 6.2128 million yuan [1]. - Local enterprises, hospitals, and research institutions have benefited from zero-tariff materials and equipment, while tourism and transportation sectors have enjoyed zero-tariff operational vehicles [1]. Group 2: Increased Business Attraction - The closure has attracted a significant number of businesses, with 4,709 new foreign trade enterprises registered in Hainan, equating to the total number of registrations in a quarter of 2024 [2]. - The total number of registered foreign trade enterprises in Hainan has exceeded 100,000 [2]. - Hainan's foreign trade has seen rapid growth, with total goods trade imports and exports reaching 21.42 billion yuan, a year-on-year increase of 19.6%, with imports and exports growing by 13.3% and 31.6%, respectively [2]. Group 3: Duty-Free Shopping Growth - The categories of duty-free goods have expanded from 45 to 47, now including electronic products such as digital cameras and drones [2]. - The number of duty-free shoppers has reached 585,000, with total spending of 3.89 billion yuan, reflecting year-on-year increases of 32.4% and 49.6%, respectively [2]. - On average, 24,000 people are shopping duty-free daily in Hainan, with daily spending totaling 160 million yuan, surpassing pre-closure levels [2].

以下文章来源于盐财经 ，作者乔悦 盐财经 . 洞察趋势，睿智人生。《南风窗》旗下专业财经媒体。 2024年全国GDP排行榜，山东排名在第三位 但这并不足以让人安心，山东也有自己的烦恼：前面是广东、江苏两座体量巨大的"高墙"，后面是浙 江这样更轻、更快、更灵活的追赶者。 于是，几乎每一年，外界都会重复同一个问题，山东什么时候会掉队？ 这种担忧并非空穴来风。据深蓝财经梳理，改革开放初期，北方在全国GDP前十省份中曾占据五 席，其中东北独占两席。但随着产业转型放缓，辽宁、河北相继跌出前十。到了2021年，北方只剩 山东和河南留在全国前五；而从2023年起，河南又被四川赶超，进一步后退。 本文来自微信公众号： 盐财经 ，作者：乔悦，编辑：江江 考公大省、葱省、不孝有三无编为大、说话倒装、酒桌文化、鱼头必须朝向领导…… 山东，一个"常驻"互联网的省份。那些裹挟着它的"标签"谈不上恶意，却精准地勾勒出外界对它的印 象：厚重、守旧、讲规矩，但不时髦。 正因如此，山东很少被放进流行的成功叙事里，数字经济、平台企业、新消费品牌构成的主流增长故 事，也更多发生在南方。 但现实却是，就是这样一个省份，它长期稳坐中国经济版图的第三把 ...

Core Viewpoint - The report emphasizes the importance of expanding high-level opening-up to promote inclusive economic globalization and enhance China's modernization efforts [2][4][5]. Group 1: Significance of High-Level Opening-Up - High-level opening-up is seen as a strong driving force for high-quality development, with a focus on utilizing global resources and markets [2]. - It is crucial for meeting the people's needs for a better life, as it directly impacts employment and the availability of diverse consumer goods [3]. - The report highlights that high-level opening-up is essential for promoting inclusive and cooperative economic globalization, positioning China as a leader rather than a follower in global trade [4]. Group 2: Achievements in Opening-Up - Since the 18th National Congress, China has made historic achievements in opening-up, with significant growth in foreign trade and investment [6][7]. - In the first 11 months of 2025, China's goods trade reached 41.2 trillion yuan, a 3.6% increase year-on-year, maintaining its position as the world's largest trading nation [7]. - The report notes that China has become a major player in global service trade, with the total service trade expected to exceed 1 trillion USD in 2024 [7]. Group 3: Challenges and Opportunities - The current global environment presents both opportunities and challenges for expanding high-level opening-up, with increasing uncertainties [11]. - The report identifies a "pressure period" due to global economic slowdowns and geopolitical tensions, particularly in U.S.-China relations [12]. - However, it also highlights the potential for new growth in digital and green sectors, with significant market opportunities in these areas [12][13]. Group 4: Future Directions for Opening-Up - The report outlines four key areas for future focus: expanding autonomous opening-up, promoting trade innovation, enhancing two-way investment cooperation, and high-quality Belt and Road Initiative construction [14][15][16][17]. - Emphasis is placed on aligning with international standards and reducing barriers to trade and investment to foster a more open economic environment [14]. - The report also stresses the importance of protecting overseas interests and enhancing legal frameworks to support international investments [17].

Core Viewpoint - The Fujian Provincial Government has issued a set of measures aimed at achieving a strong economic and social development start in the first quarter of 2026, focusing on boosting consumption, expanding effective investment, and supporting the real economy among other areas [1]. Group 1: Boosting Consumption - The measures emphasize the dual engines of consumption and investment to stimulate domestic demand, with specific policies to enhance spring consumption, upgrade service consumption, and promote trade-in programs for consumer goods [2]. - A budget of 15 million yuan is allocated for key consumption promotion activities, and 30 million yuan is designated for subsidies on new passenger vehicle purchases [2]. - Initiatives include cultural and sports events to drive consumer engagement, alongside simplifying subsidy application processes to ensure efficient delivery of benefits to businesses and consumers [2]. Group 2: Expanding Effective Investment - The measures outline goals for the first quarter, including completing 300 billion yuan in investments and starting over 500 key projects, with encouragement for continuous work during the Spring Festival [3]. - Plans include promoting over 600 projects with a total investment exceeding 600 billion yuan, focusing on infrastructure, modern industries, and public services [3]. - The government aims to enhance land use guarantees and streamline the approval process for key projects and public welfare initiatives [3]. Group 3: Supporting the Real Economy - The measures aim to stabilize and strengthen the industrial sector, with incentives for manufacturing enterprises that increase electricity consumption by over 6% year-on-year [4]. - Financial rewards are set for companies participating in supply-demand matching activities, and support is provided for the real estate sector to enhance housing quality and service [4]. Group 4: Enhancing Trade and Investment - The measures include strategies to support foreign trade enterprises in expanding markets and attracting foreign investment, with initiatives like full subsidies for exhibition fees for outbound trade groups [7]. - The government plans to conduct joint investment promotion activities during the Spring Festival, targeting overseas Chinese and business communities [8]. - Policies are also in place to stabilize agricultural production and ensure social welfare, with specific projects aimed at boosting employment and supporting rural communities [8].

Core Insights - Indonesia is becoming a focal market for Chinese sellers due to its large population, rapid consumption growth, and favorable policies, making it a promising entry point for Southeast Asian market expansion [1] Group 1: Trade Environment - Indonesia's foreign trade volume is projected to reach $498.36 billion in 2024, supported by a population of 281 million, with a significant proportion of young consumers who are highly receptive to e-commerce and online payments [3] - The Indonesian government is actively encouraging non-oil and gas product exports by simplifying export procedures and reducing tariffs, alongside relaxing foreign investment regulations and providing tax incentives [3] - The local manufacturing sector is insufficient to meet the rapidly growing domestic demand, creating opportunities for Chinese exports in machinery, chemicals, automotive parts, and other categories, where Chinese products maintain a competitive edge due to cost-effectiveness [3] Group 2: Market Opportunities - The rapid growth of e-commerce in Indonesia is driving an increase in cross-border orders, highlighting the advantages of Chinese sellers in product selection and supply chain stability [3] - Indonesian consumers are increasingly accustomed to online shopping, focusing on product value, logistics speed, and after-sales service, which opens up growth opportunities in segments like home goods, beauty products, and small appliances [3] Group 3: Payment Challenges - Foreign trade enterprises face challenges in receiving payments due to significant fluctuations in the Indonesian Rupiah, lengthy payment cycles, and strict regulations on cross-border transactions [5] - The complexities of the Indonesian banking system, including rigorous large remittance audits and potential delays in interbank settlements, can impact cash flow for businesses [5] Group 4: Payment Solutions - Companies can utilize third-party platforms like WindPayer to open local Indonesian accounts for receiving payments in Rupiah, allowing for real-time exchange rate monitoring and withdrawal when favorable rates are available [6] - This method does not consume the annual $50,000 foreign exchange quota, providing a compliant and efficient way to manage funds [6]