汕头会展业 另外就是"重大项目实现新突破"——"十四五"期间，汕头紧扣"百千万工程"任务目标，坚持"大招商、招大商"，充分利用广交会、投洽会、珠三角与粤东 西北经贸合作招商会等活动平台，开展"参展+招商"活动，成功引进世界500强企业韩国SK集团化工项目、立讯全球电子信息产业中心基地等重点外资项 目，推动国际风电创新港协同创新基础设施项目、国际海上风电产业链配套项目等产业项目加快建设，为全市建设"工商并举"的现代化产业体系提供了有 力支撑。 news "十四五"以来，汕头市围绕做好"侨"的文章，积极发挥潮籍侨商资源优势，坚持"一把手"带头抓招商，推动全市吸收外资和招引侨资取得新突破。"十四 五"期间，全市新增外资企业285家，较"十三五"时期增加10.5%，实际使用外资年均增长25.4%。2025年，全市实际使用外资12.98亿元，同比增长 136.86%，增速全省前三，获评"全省优秀招商城市"。 1月4日，在"'十四五'广东成就"汕头专场新闻发布会上，汕头市商务局局长吕少雄介绍道，汕头市在招引外资方面实现了"两突破一优化"。其中，"以侨引 资实现新突破"——近几年，市委、市政府领导带头赴东南亚、中东、港澳等 ...

本以为是拉着"盟友"一起对付"对手"，没想到"盟友"反而被揍得比"对手"还惨。2025年，随着特朗普对 印度实施50%的惩罚性关税，美印之间所谓的"战略互信"瞬间崩塌，成了一场笑话。 印度玩具业的困境只是冰山一角，整个印度的制造业正面临着外资大规模撤离的风险。我不禁要问：在 特朗普的眼中，印度究竟有多重要？当"中国+1"转变为"印度+1"，中国制造业在这场动荡中扮演的"压 舱石"角色，让多少国家都感到汗颜？ 这种极限的"压榨"政策，让原本打算把生产线从中国转移到印度的跨国企业感到寒意逼人。特朗普从未 看重所谓的"民主同盟"，他关心的始终是贸易平衡。过去几十年，印度借助美国的"去风险"策略，赚取 了大量的贸易顺差，但却在涉及核心利益的议题上始终不愿让步，比如在限制俄油和金砖合作等问题 上。对特朗普而言，印度不仅不是中国的替代品，更是另一个可以被收割的"顺差国"。这一变化的逻 辑，让莫迪政府对美印关系的美好幻想彻底破灭。 中国制造业展现出的"定海神针"作用，更令莫迪不解：为什么在相同的贸易环境下，中国依然能够保持 110亿美元的对美玩具出口？因为中国拥有不可替代的优势。 首先是技术的集成度：中国的玩具已经不 再是 ...

在阅读这篇文章之前，请大家点个关注，这样方便讨论和分享。作者会按时创作更多高质量的内容，不会让大家失望。本文由韩错编辑。 --- 但自特朗普卷土重来后，规则发生了变化。美国不再单纯关注组装地，而是更关注供应链的源头。如果核心零件或技术来自中国，那么即使是在东南亚组装 的产品，也会被视为中国制造，需要按中国的税率征税。 --- **洗澡蟹模式的风险** 一旦这些产品被认定为洗澡蟹，除了要缴纳基础关税，还会被额外加征40%的关税，利润瞬间被吞噬。这让整个产业链产生了恐 慌，马来西亚的针织品出口量曾出现剧增，这并非市场需求回升，而是企业赶在新关税生效前提前出货；而印尼的玩具产业，尤其是依赖美国巨头美泰的公 司，也遭遇了压力，甚至传出美泰被威胁要么迁回美国生产，要么面临更高的关税。 而在东南亚苦撑的同时，墨西哥也被卷入了这场风暴。作为北美自由 贸易区的重要组成部分，墨西哥曾是中国商品进入美国市场的一个重要跳板——中国商品通过墨西哥组装包装，再贴上本地制造的标签，就能零关税进入美 国市场。 --- **新关税法案的打击** 然而，最近美国通过了一项新关税法案，彻底打破了这一平衡。针对未签署自贸协定的亚洲国家，美国对14 ...

这篇国际评论，主要来分析下东南亚和中美的贸易联系。 爱吃大闸蟹的人都懂"洗澡蟹"的猫腻：外地螃蟹泡过阳澄湖水，就能贴标卖高价，过去十年，这一幕在全球贸易中不断上演——东南亚和墨西哥先后成 了"国际阳澄湖"，承接中国制造业组装环节，贴上个本地标签就畅行美国市场。 但如今，这门稳赚的生意，正被中美博弈彻底搅黄。 不断在变化的"游戏规则" 最先感受到寒意的是东南亚，自特朗普首次执政，"中国加一"成了跨国企业的生存法则，手机、衣服的组装线纷纷从中国转移至此。 马来西亚的纺织厂，设计图、布料甚至缝纫机零件都来自中国，只在本地完成缝合；电子厂组装的半导体，芯片设计和核心材料全靠进口，却能挂上本地产 地证销往美国。 这种"过水就涨价"的模式，曾让东南亚赚得盆满钵满。 一旦被认定为"洗澡蟹"，除基础关税外，还要加征40%税，利润瞬间被吞噬，恐慌已蔓延到产业端：马来西亚针织品出口曾突然暴增，并非订单回暖，而是 企业抢在关税生效前甩货；印尼玩具产业依赖的美国巨头美泰，据传更是被威胁不迁回美国就加征惩罚性关税。 这边东南亚还在苦撑，墨西哥又被推上风口浪尖，作为北美自贸区的"门户"，它曾是中国商品的绝佳跳板——运到当地组装包装，换张 ...

向美国出口针织睡衣、手套和棉混纺面料等产品。 今年夏天马来西亚被加征19%关税。 为保住美国市场，它与美国签订了贸易协议。 也因此面临美国本土制造商的激烈竞争。 中国与东南亚的贸易往来非常紧密。 双方已连续5年互为最大的贸易伙伴，2024年贸易额近万亿美元。 美国圣诞季即将到来，人们正在抢购节日礼物。 这使数千公里外的东南亚工厂非常忙碌。 美国关税引发了连锁反应，这种影响扩展到多种商品出口。 包括日常手套、流行耳机和儿童玩具等。 这些关税推高了美国商店的节日售价，也给东南亚制造商带来了巨大压力。 美国关税调整影响整个东南亚地区。 该地区经济依赖低成本出口，受影响国家包括马来西亚、越南、老挝和印度尼西亚等。 这些国家被卷入中美经济竞争，竞争形势日益紧张。 供应链因此变得紧张。美国消费者在节假日需支付更多钱。 这也改变了东南亚在全球经济中的角色。 专家指出制造商面临两难局面，他们的生产仍需依赖中国供应链。 同时需确保出口美国的商品不被视为"中国制造"。否则可能面临高额关税。 分析认为美国新关税制度是一种"中国+1惩罚机制"。 使用中国零部件的出口商需支付基础关税。还可能面临高达40%的额外费用。 但完全脱离中国供 ...

Group 1: Economic Policies and Predictions - The Australian National Bank states that the easing cycle of the Reserve Bank of Australia has ended, with potential interest rate hikes considered in the first half of 2026 due to nearing capacity constraints in the economy [1] - Fitch Ratings warns that Japan's new economic stimulus plan, which accounts for 3.4% of GDP, may threaten its A/stable sovereign credit rating due to high debt levels and structural risks [1] - Analysts from the Commonwealth Bank of Australia suggest that political factors may delay the Bank of Japan's interest rate hike until January 2026, rather than December [1] Group 2: Market Reactions and Trends - Spectra Markets indicates that if Kevin Hassett, a proponent of rate cuts, becomes the next Federal Reserve Chair, it would negatively impact the US dollar, as market expectations for rate cuts continue to rise [2] - The Swedish National Debt Office has significantly revised its fiscal deficit expectations for 2025-2027, leading to a 33% increase in government bond issuance in 2026 [3] - The UK’s autumn budget has stabilized the bond market, with a slight decrease in five-year sovereign credit default swap (CDS) spreads, indicating a temporary easing in market concerns over default risk [3] Group 3: Consumer Sentiment and Retail Outlook - GfK and NIM's survey shows a slight recovery in Germany's consumer climate index, but overall retail sales growth is expected to be modest at 1.4% year-on-year during the holiday season [2] - Analysts warn that if Sweden's nominal GDP growth falls below 2%, the debt-to-GDP ratio may approach the 45% warning line within three years, indicating limited fiscal space [2] Group 4: AI Hardware Market Trends - Macquarie Research predicts that 2026 will mark a significant increase in demand for consumer-grade AI hardware, driven by companies like Apple, Google, and Xiaomi integrating hardware and AI software [3]

Core Viewpoint - The Federal Reserve's decision to lower the federal funds rate by 25 basis points to a target range of 4.00%-4.25% reflects a response to economic slowdown and political pressure, presenting both challenges and opportunities for Chinese export enterprises and cross-border e-commerce [1]. Direct Impact: Exchange Rate Fluctuations and Cost Restructuring - The depreciation of the US dollar typically leads to the appreciation of the RMB, impacting the competitiveness of export prices. For instance, the USD/RMB exchange rate fell from 7.3 to around 7.1, potentially causing a profit decline of 0.5%-1% for the textile industry with every 1% appreciation of the RMB [7][8]. - The appreciation of the RMB reduces import costs for raw materials and consumer goods, allowing cross-border e-commerce companies to optimize procurement strategies, particularly in categories like 3C electronics and beauty products [8]. - Increased exchange rate volatility raises the risk of foreign exchange losses for enterprises, with some exporters experiencing losses exceeding 5% of net profit in a single quarter due to unhedged positions [9]. Indirect Impact: Capital Flows and Market Segmentation - The Fed's rate cut encourages capital flow to emerging markets, reducing financing costs for Chinese export enterprises. For example, the dollar loan interest rate decreased from 5% to 4%, alleviating financial pressure [10]. - While US consumer spending may be stimulated by lower rates, high inflation could weaken actual purchasing power, leading to mixed demand for Chinese exports, with some categories like home appliances and clothing seeing moderate growth [12]. Long-term Trends: Industrial Upgrading and Restructuring - Traditional export sectors face pressure to upgrade due to RMB appreciation and rising labor costs, prompting a shift of low-end production to Southeast Asia. Companies are encouraged to innovate and build brands to enhance value [15]. - High-tech products and flexible supply chains are becoming central to cross-border e-commerce, with high-tech exports projected to account for 35% of total exports by 2024 [16]. - Diversification into regional markets through agreements like RCEP is essential for reducing reliance on the US market, with exports to ASEAN expected to rise to 16% by 2024 [17]. Corporate Response Strategies: From Passive Adaptation to Active Transformation - Traditional export enterprises should implement dynamic hedging strategies, diversify settlement currencies, and enhance product and market upgrades through increased R&D and brand development [18][20]. - Cross-border e-commerce companies are advised to optimize supply chains through localized procurement and flexible production, while also adjusting operational strategies to reduce dependency on third-party platforms [22][24]. Conclusion - The Fed's rate cut may intensify short-term risks for Chinese export enterprises and cross-border e-commerce, but it also compels a shift towards high-tech and high-value-added operations, necessitating a robust competitive framework for sustainable growth [29].

Group 1 - The Hong Kong Trade Development Council (HKTDC) reported an increase in the export confidence index for Q3 2025, with the current index rising from 49.6 to 53.3 and the expected index increasing from 49.0 to 54.3, marking new highs since the index's upgrade in Q1 2024 [1] - The growth in export confidence is attributed to exporters adopting an advance shipping strategy, benefiting sales and new orders, as well as an increase in trade value following U.S. tariffs [1] - Hong Kong's overall export growth forecast for 2025 has been revised upward from 3% to a range of 7-9%, driven by a year-on-year export growth of 12.7% in the first seven months of 2025 [1] Group 2 - The current market classification index indicates that Mainland China (62.4, up 9.5 points) and ASEAN (56.9, up 3.5 points) are viewed as the best-performing markets, while the EU and Japan have also shown improvement [2] - Exporters are optimistic about several markets, with expected market indices showing positive outlooks for Mainland China (60.5, up 7.9 points), ASEAN (60.5, up 0.6 points), EU (55, up 4.3 points), and Japan (54.7, up 4.1 points) [2] - The toy industry (49.4, up 6.3 points) and production equipment/materials industry (45.8, down 4.6 points) remain in contraction, while the watch (54.9, up 2.8 points), electronics (54.5, up 5.6 points), clothing (51.2, up 2.3 points), and jewelry (51.3, down 0.3 points) industries are in expansion [2][3] Group 3 - The expected indices for various industries show stable growth, with electronics (56.0, up 7.6 points), watches (53.8, up 2.3 points), clothing (51.9, up 4.6 points), and jewelry (51.5, up 1.5 points) indicating positive trends [3] - Despite challenges in the trade environment, 64% of surveyed companies still expect their net profit margins to increase or at least remain stable [3]

Group 1 - The Hang Seng Index Company will announce the semi-annual review results of the Hang Seng series indices on August 22, 2025, with changes effective from September 8, 2025 [1] - Major brokerages, including UBS, Huatai Securities, and CICC, have released reports predicting adjustments to the Hang Seng Index, Hang Seng China Enterprises Index, and Hang Seng Composite Index [1][2] - CICC highlights the significant scale of passive funds tracking flagship indices, with ETF sizes for the Hang Seng Index, Hang Seng China Enterprises Index, and Hang Seng Technology Index being approximately $30.35 billion, $6.63 billion, and $26.12 billion respectively [1] Group 2 - Potential candidates for inclusion in the Hang Seng Index include Bank of Communications, Pop Mart, Yum China, XPeng Motors, Huazhu Group, JD Logistics, and Innovent Biologics [1][2] - UBS predicts that stocks likely to be included as blue-chip stocks are WuXi AppTec, Pop Mart, JD Logistics, Kingsoft, and Bank of Communications [2] - Historical data indicates that actual results of the Hang Seng Index's quarterly reviews may differ significantly from predictions based on market capitalization rankings [2] Group 3 - Companies such as Cao Cao Travel, InnoCare Pharma, and Chow Tai Fook are expected to be included in the Stock Connect list, which connects Hong Kong-listed companies with mainland investors [3] - CICC estimates that 19 stocks meet the criteria for inclusion in the Stock Connect, including Cao Cao Travel, InnoCare Pharma, and Nanshan Aluminum [3][4] - UBS forecasts potential additions to the Stock Connect list, including East Asia Bank, InnoCare Pharma-B, and Blue Moon Group [3] Group 4 - Huatai Securities also anticipates that 19 stocks may be added to the Stock Connect, including Yunzhisheng, Huiju Technology, and InnoCare Pharma-B [4] - Historical performance shows that newly included stocks in the Stock Connect tend to outperform the Hang Seng Index during the adjustment period, while stocks removed from the index face significant outflows [4]

Core Insights - A new company, Xinyu Weibai Footwear Co., Ltd., has been established with a registered capital of 10,000 RMB [1] - The legal representative of the company is Chen Zhi [1] Business Scope - The company is engaged in various activities including shoe manufacturing, shoe and leather repair, toy sales, and mold sales [1] - It also sells toys, anime and gaming products, wooden toys, clothing and accessories wholesale and retail, and maternal and infant products [1] - Additional sales activities include personal hygiene products, daily necessities, jewelry retail, cosmetics retail, building decoration materials, and hardware products [1]