Group 1 - The China Securities Regulatory Commission has revised the Corporate Governance Guidelines for listed companies, effective from January 1, 2026, to further regulate the behavior of directors, senior management, and controlling shareholders, enhancing corporate governance standards [1] - The People's Bank of China has issued the Interbank Market Brokerage Business Management Measures, effective from January 1, 2026, which prohibits brokerage firms from providing services for financial institutions participating in bond issuance, while emphasizing the need for enhanced internal controls and process management [2] - The People's Bank of China has announced a one-time credit repair policy, effective from January 1, 2026, allowing individuals to have overdue information removed from credit databases if they repay overdue debts by specified deadlines [3] Group 2 - The Financial Regulatory Bureau has revised the Trust Company Management Measures, effective from January 1, 2026, to strengthen the regulatory framework for the trust industry, requiring major shareholders to provide accurate operational and financial information [4] - The Financial Regulatory Bureau has issued the Financial Leasing Company Management Measures, effective from January 1, 2026, focusing on the unique functions of financial leasing companies and outlining specific regulations for various leasing activities [5] - The new Value-Added Tax Law will come into effect on January 1, 2026, marking significant progress in implementing the principle of tax legality in China [6] Group 3 - The Ministry of Commerce and other departments have issued a notice to strengthen the management of used car exports, effective from January 1, 2026, requiring additional documentation for vehicles registered less than 180 days before export [7] - A mandatory national standard for electric vehicle energy consumption will be implemented on January 1, 2026, setting stricter limits on energy consumption compared to previous recommendations [8][9] - The State Council Tariff Commission has announced adjustments to import tariff rates and categories, effective from January 1, 2026, including zero tariff treatment for 43 products from least developed countries [10] Group 4 - The new management measures for oil and gas infrastructure will take effect on January 1, 2026, promoting private sector participation in oil and gas pipeline projects and related infrastructure [11] - The Ministry of Finance and the State Taxation Administration have announced changes to the value-added tax policy for personal housing sales, effective from January 1, 2026, imposing a 3% tax on properties sold within two years of purchase [12] - The national medical insurance drug list will be updated on January 1, 2026, adding 114 new drugs, including 50 innovative drugs, significantly improving coverage for critical health areas [13] Group 5 - The National Development and Reform Commission, along with other ministries, has issued a notice to improve kindergarten fee policies, effective from January 1, 2026, allowing various types of fees while implementing government-guided pricing for public and non-profit kindergartens [14] - A subsidy program for the purchase of new household appliances and smart products will begin on January 1, 2026, offering a 15% subsidy on eligible products, with specific caps on the amount per item [15]

转自：草原云 日前 呼和浩特综合保税区进出口额 2025年1至11月 呼和浩特综合保税区 进出口额93.09亿元 同比增长16.06% 突破100亿元 迈入"百亿园区" 标志对外开放能级实现里程碑式跨越 "十四五"收官之年 呼和浩特综合保税区 保税物流、贵金属精深加工 二手车出口、跨境电商等 业态蓬勃发展 同比增长310% 内蒙古日报·草原云记者：田婷 怀特乌勒斯 新闻编辑：李超然 其中加工贸易额占 内蒙古自治区46.69% 实现工业产值42.62亿元 ...

智通财经记者 | 方卓然 智通财经编辑 | 庄键 2025年12月18日，上海二手车国际贸易综合服务平台（外高桥）正式启动，有望推动上海乃至全国二手车出口迈入规范化、规模化发展的新阶段。 智通财经从上海市商务委获悉，今年1-11月，上海二手车出口逾2万辆，同比增长超100%。上海此前已明确二手车出口量在2027年达到5万辆的目标。 在上海磊银汽车服务有限公司总经理张文看来，这一变化的背后，是新车出口布局完善、海外零配件体系成熟等产业基础的夯实。上海二手车国际贸易综合 服务平台（外高桥）有望成为二手车出口业务继续爆发的"加速器"。 产业集聚的效应不止于此。为进一步凝聚行业力量，上海在进出口商会下设出口二手车专委会，以二手车出口备案企业为基础，集聚了上海市全部出口二手 车企业、金融保险机构、商业银行、检测整备企业等市场主体。 通过整合行业资源与专业优势，形成规模集聚效应，不仅能加强出口形势研判分析和行业自律，更能推动企业抱团出海，改变过去行业内"单枪匹马、缺乏 组织"的分散格局。 目前，平台已依托上海40多家二手车出口试点企业，广泛吸纳产业链上下游企业及行业头部力量，构建起完整的出口生态圈。山其锦表示，无论是车辆 ...

记者 吴卫群 见习记者 高晨辉 拥有口岸优势和产业基础，上海是我国最重要的二手车出口基地之一，今年1月至11月，上海共出 口二手车超过2万辆，同比增长超过100%。这是记者从昨天举行的上海二手车国际贸易综合服务平台 （外高桥）启动仪式上获悉的消息。 "平台依托二手车出口及全产业链企业，形成产业集聚与出口生态圈。"上海外高桥汽车交易市场有 限公司负责人山其锦表示。 据悉，上海二手车国际贸易综合服务平台（外高桥）由外高桥集团下属营运中心公司运营，依托自 贸区政策优势、港口口岸枢纽区位优势及上海海空港联动物流资源，整合全产业链优质要素，搭建涵盖 公共服务、展示交易、检验整备、物流运输、出口报关、行业研究、金融服务和海外服务的全生态链服 务体系，进一步提升上海服务二手车出口能级。"原本需跑多个部门、耗时两天办理的手续，如今半天 就能在平台一站式办结。"他说。 同时，在上海进出口商会下设出口二手车专委会，以二手车出口备案企业为基础，集聚出口二手车 企业、金融保险机构、商业银行、检测整备企业等，整合和发挥行业资源与专业优势，形成规模集聚效 应，进一步加强出口形势研判分析和行业自律，推动企业抱团出海。 平台的集聚效应，为区 ...

（原标题：二手车出口新政出鞘：半数中小外贸车商将被淘汰） "现在很多二手车资源商想在12月31日之前买一批车，再做登记转让出口的手续。"河北的二手车商王斌 说，因为在明年1月1日前，已经做完登记手续的车辆，还可以正常申领出口许可证。 一半二手车出口商将被淘汰 "明年开始的二手车出口新政，会让行业重新洗牌，仅《售后维修服务确认书》就堵死了90%的人。"王 斌说，还有人觉得可以走改装的路子，但文件里的附件二"改装真实性要求"，要求真正去搞改装，像奔 驰改巴博斯的玩法。《通知》主要分为三大部分：一是进一步严格二手车出口管理。其中最主要的是严 控新车以二手车名义出口，自明年起，对申请出口距离注册登记日期不满180天（含180天）的车辆，各 地商务主管部门指导本地企业补充提交该车辆生产企业出具的《售后维修服务确认书》。 二是进一步加强合规审查，严格以改装车名义出口车辆的许可证申领条件。改装车出口企业需填写车辆 底盘品牌、改装车品牌、车辆型号等信息，提交改装真实性证明材料。对无法证明改装真实性，同类改 装车产品未列入《道路机动车辆生产企业及产品公告》、不具备有效的国家强制性产品认证的产品，不 予发放出口许可证。 二手车商 ...

Core Insights - The recent issuance of the "Notice on Further Strengthening the Management of Used Car Exports" aims to regulate the used car export industry in China, promoting healthy and orderly development [2][3][4] Group 1: Industry Context - The used car export market in China has been experiencing rapid growth, with expectations for the total export volume to exceed 436,000 units in 2024, representing a year-on-year increase of 46.5% [5] - The market is shifting from traditional fuel vehicles to used electric vehicles, particularly in Southeast Asia and the Middle East, where acceptance of such vehicles is increasing [6][12] Group 2: Regulatory Impact - The new regulations are expected to curb the export of "zero-kilometer used cars," which have been a source of market distortion and could lead to a temporary adjustment in the market [7][12] - The regulations will enhance the credibility of Chinese used cars in international markets, particularly those that meet standardized testing and transparency requirements [7][12] Group 3: Challenges and Opportunities - The industry faces challenges such as the need for standardized vehicle condition assessments and the establishment of a comprehensive after-sales service network [6][9] - Companies that comply with the new regulations and can adapt to international standards are likely to benefit, particularly those with stable vehicle sources and robust overseas channels [12] Group 4: Future Directions - The government will support enterprises in enhancing their international operational capabilities and establishing a complete export support system, including after-sales services and logistics [8][9] - The combination of large auction platforms and export service providers is becoming the mainstream model for used car exports, with over 70% of used car exports in developed countries facilitated through such platforms [4]

Core Viewpoint - The Inner Mongolia Autonomous Region is actively promoting high-quality development and regional cooperation during the "14th Five-Year Plan" period, focusing on integrating into domestic and international dual circulation [1] Group 1: International Cooperation - By 2025, the region plans to implement nine policies to enhance its northern opening capabilities, including measures to innovate border trade and deepen cooperation with Russia and Mongolia [3] - From January to October 2025, the region's foreign trade import and export volume reached 175.13 billion yuan, an increase of 2.2%, with cross-border e-commerce transactions amounting to 3.64 billion yuan, growing by 90.1% [3] - The first second-hand car export auction platform to Russia and Mongolia was launched, exporting 11,943 vehicles worth 1.35 billion yuan, representing growth of 66.36% and 72.7% respectively [3] Group 2: Port Development - The region invested 27.1 million yuan in foreign trade and economic funds to support processing projects, promoting the development of three major processing areas [4] - All 85 key projects for high-quality port development have commenced, with the Arxan Port becoming the fourth year-round open international land port in Inner Mongolia [4] - From January to October 2025, the total cargo volume at ports reached 112 million tons, an increase of 11.77%, leading the nation among border land port provinces [4] Group 3: Domestic Cooperation - The region is actively integrating into the national regional development strategy, enhancing inter-provincial cooperation and industrial transfer, with domestic investment reaching 490.7 billion yuan from January to October 2025, a year-on-year increase of 13.4% [4] - Key regions such as Beijing-Tianjin-Hebei, Yangtze River Delta, and Guangdong-Hong Kong-Macao Greater Bay Area contributed 342.74 billion yuan, accounting for nearly 70% of total investment [4] - The region has successfully organized various investment promotion activities, including the fifth China-Mongolia Expo and the third Northward Opening Economic and Trade Fair [4] Group 4: Regional Coordination - The implementation of the "Sixfold Increase Plan" and "Four Actions" in the Beijing-Inner Mongolia collaboration has led to 321 joint technology projects and services for 375,000 patients by over 1,700 "Beijing Medical" experts [5] - The region has expanded sales channels for green food and organized several promotional events, achieving a sales volume of 30.2 billion yuan for "Mongolian Products in Beijing" [6] - Policies have been introduced to promote high-quality development in different regions, with 40 supporting measures from the Commerce Department to activate new development momentum [6]

Core Viewpoint - The new regulations on second-hand car exports aim to enhance compliance, quality, and service in the industry, promoting sustainable development and improving international competitiveness [1][5]. Group 1: Regulatory Measures - The Ministry of Commerce, along with other departments, issued a notification detailing six specific measures to strengthen export management and compliance review [1][3]. - The notification emphasizes strict control over new cars being exported under the guise of second-hand vehicles, requiring additional documentation for vehicles registered less than 180 days prior to export starting January 1, 2026 [4][6]. - A negative list of seven types of dishonest behaviors related to second-hand car exports has been established, including exporting prohibited vehicles and falsifying documents [4][6]. Group 2: Industry Growth and Challenges - China's second-hand car exports have seen significant growth, from only 4,300 units in 2020 to over 436,000 units in 2024, covering more than 160 countries and regions [2][3]. - Despite the rapid growth, some companies engage in dishonest practices, disrupting market order, which the new regulations aim to address [2][5]. Group 3: Enhancing International Competitiveness - The notification encourages collaboration between export companies and automotive manufacturers to improve after-sales service and supply chain support [6][7]. - The focus is on transitioning from a model of "single product export" to a comprehensive output of "product + service + ecosystem," enhancing overall competitiveness in the global market [7].

Domestic Macro - On November 14, Premier Li Qiang chaired a State Council executive meeting to discuss the implementation of the "two重" construction work [5][16] - On November 17, Vice Premier He Lifeng co-hosted the fourth high-level financial dialogue between China and Germany [5][16] - On November 18, Premier Li Qiang stated at the Shanghai Cooperation Organization meeting that increasing tariffs and trade barriers severely impact international trade order, urging all parties to embrace free trade and reduce barriers [5][16] - On November 19, Vice Premier Zhang Guoqing conducted research on the digital transformation of manufacturing and innovation development of state-owned enterprises in Guizhou and Chongqing [5][16] - The National Immigration Administration announced the expansion of ports issuing valid travel permits for Taiwan residents to 100 starting November 20 [5][16] - On November 20, the Ministry of Finance and the Ministry of Commerce officially announced a list of 50 cities proposed for new consumption models and scenarios pilot [5][16] Industry Policy - On November 14, the People's Bank of China released the "Interbank Market Brokerage Business Management Measures" [6][18] - On November 15, the State Administration for Market Regulation published a notice soliciting opinions on the "Antitrust Compliance Guidelines for Internet Platforms" [6][18] - On November 17, the Ministry of Commerce decided to conduct a final review investigation on anti-dumping and countervailing measures applicable to imported propanol from the United States [6][18] - On November 18, the Ministry of Industry and Information Technology issued the "High-Standard Digital Park Construction Guidelines" [6][18] Local Policy - On November 14, a press conference was held in Hebei regarding the "14th Five-Year" high-quality development plan [7][19] - On November 15, Jiangsu Province raised the subsidy standard for automobile consumption promotion, with a maximum subsidy of 10,000 yuan [7][19] - On November 18, Beijing introduced a financial support plan to boost and expand consumption [7][19] - On November 19, the Beijing-Tianjin-Hebei region signed a collaborative innovation action plan for the free trade pilot zone [7][19] - On November 20, the Guangdong Provincial Government issued a plan for the construction of a national digital economy innovation development pilot zone from 2025 to 2027 [7][19] Overseas Dynamics - On November 14, China and Switzerland held the third round of negotiations to upgrade the free trade agreement in Beijing [8][20] - On November 17, China expressed strong protests to Japan regarding comments made by Japanese Prime Minister Fumio Kishida on Taiwan [8][20] - On November 18, Premier Li Qiang met with Russian President Vladimir Putin in Moscow, emphasizing the commitment to enhance bilateral cooperation [8][20] - On November 19, the U.S. and Saudi Arabia officially signed a strategic partnership agreement on artificial intelligence [8][20] - On November 20, the Ministry of Foreign Affairs stated that there were no arrangements for a meeting between Chinese and Japanese leaders during the G20 [8][20]

Group 1 - The Ministry of Commerce aims to shift the export of used cars from scale growth to value growth, providing a richer and more diverse product choice for global consumers [1][2] - A new notification has been issued to strengthen the management of used car exports, including measures to strictly control the export of new cars under the guise of used cars and establish a dynamic management and exit mechanism for enterprises [2] - The notification has received positive feedback from various sectors, reflecting a sustainable development concept focused on strong regulation, quality, and superior service in the used car export industry [2] Group 2 - E-commerce in China has shown significant growth, with online retail sales increasing by 9.6% year-on-year from January to October [3] - Smart products and online services have seen remarkable growth, with online retail sales of AI glasses and smartwatches increasing by 23.1%, and online service consumption rising by 21% [3] - The digital transformation of small and medium-sized enterprises is being supported through industrial e-commerce initiatives, with significant growth in transaction volumes in sectors like textiles and pharmaceuticals [3]