今天分享的是：2025年三边经济报告 报告共计：100页 2025中日韩三边经济报告：东亚经济圈如何应对全球变局？ 2025年3月，在韩国首尔召开的第十三届中日韩三边经贸部长会议上，《2025年三边经济报告》（TER）正式发布。这份由三边 合作秘书处（TCS）联合东盟与中日韩宏观经济研究办公室（AMRO）编制的报告，不仅是三国经贸合作的"风向标"，更勾勒出 东亚经济圈在全球不确定性中的韧性与机遇。作为TCS的旗舰出版物，今年的报告已是第十版，首次被纳入部长级会议官方合 作项目，凸显出中日韩三国在区域经济整合中的核心地位。 从经济规模来看，中日韩三国的"经济朋友圈"分量十足。2024年，三国GDP合计达24.21万亿美元，较2023年增长2.7%，占全球 经济总量的24%以上；人口总量15.84亿，接近全球总人口的20%，是全球最具潜力的消费市场之一。贸易领域，三国2024年货 物贸易额约8.93万亿美元，占全球贸易总量的18.8%，其中与东盟、欧盟、美国的贸易往来尤为密切，成为全球供应链稳定 的"压舱石"。值得关注的是，在《区域全面经济伙伴关系协定》（RCEP）框架下，中日韩贡献了该协定80%以上的GDP，2 ...

Core Viewpoint - The expansion of export restrictions on products to China by the U.S. government will lead to a significant revenue loss for Applied Materials, estimated at $600 million for the fiscal year ending in October 2026 [1] Group 1: Company Impact - Applied Materials reported a projected revenue loss of $600 million due to new export restrictions announced by the U.S. Department of Commerce [1] - Following the announcement, Applied Materials' stock price fell by 5.6% in after-hours trading, settling at $215.50, a decrease of 3.62% [1] Group 2: Regulatory Environment - The new regulations, effective from September 29, aim to prevent sanctioned companies from acquiring restricted U.S. products through subsidiaries [1] - Companies with at least 50% ownership by blacklisted firms will face the same restrictions as their parent companies, indicating a tightening of export controls [1]

Core Viewpoint - The company,沃特股份, has successfully integrated its fluorine materials and corrugated pipe materials into semiconductor manufacturing equipment, achieving mass production with leading domestic and international clients [1] Company Summary - 沃特股份 has confirmed that its products are being utilized in semiconductor manufacturing equipment [1] - The company has received positive feedback from top-tier clients both domestically and internationally regarding the use of its materials [1]

数据来源：中国海关，智研咨询整理 近一年中国半导体制造设备进口情况统计图 相关报告：智研咨询发布的《2025-2031年中国半导体制造装备行业市场运行格局及投资前景研判报 告》 根据中国海关数据显示：2025年7月中国半导体制造设备进口数量为0.56万台，同比下降3.7%，进口金 额为41.04亿美元，同比增长14%。 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 ...

Group 1 - In August, Shanghai's total import and export value reached 387.43 billion RMB, marking an 11.7% year-on-year increase, continuing a growth streak for seven consecutive months since February [1] - Exports amounted to 183.08 billion RMB, surpassing 180 billion RMB for the first time in a single month, with a year-on-year growth of 17.1%; imports were 204.35 billion RMB, up 7.3% [1] - For the first eight months of the year, Shanghai's cumulative import and export value reached 2.94 trillion RMB, reflecting a 4.5% year-on-year increase, with growth rate improving by 1 percentage point compared to the previous seven months [1] Group 2 - Private enterprises in Shanghai achieved an import and export value of 166.85 billion RMB in August, a significant year-on-year increase of 31.5%, contributing 11.5 percentage points to the city's overall trade growth [1] - Exports to emerging markets saw substantial growth, with a total of 53.74 billion RMB in August, representing a 45% year-on-year increase, which boosted the overall export growth rate by 10.7 percentage points [1] - Key export categories included ships and marine engineering equipment, and engineering machinery, with export values increasing by 10.6 times and 72.8% respectively [1][2] Group 3 - In August, Shanghai's export of electromechanical products reached 125.39 billion RMB, a 19% year-on-year increase, accounting for nearly 70% of total exports [2] - Notable growth was observed in the export of high-end machinery, electric vehicles, lithium batteries, and photovoltaic products, with year-on-year increases of 45.1%, 37.1%, 112.1%, and 39% respectively [2] - Import trends indicated stability and recovery in industrial and consumer demand, with significant increases in imports of metal ores, semiconductor manufacturing equipment, and various consumer goods [2]

Core Insights - In August, Shanghai's import and export value reached 387.43 billion yuan, marking a year-on-year growth of 11.7%, continuing a growth streak for seven consecutive months since February [1] - Exports amounted to 183.08 billion yuan, surpassing 180 billion yuan for the first time in a single month, with a growth rate of 17.1%, while imports were 204.35 billion yuan, growing by 7.3% [1] - For the first eight months of the year, the total import and export value was 2.94 trillion yuan, reflecting a growth of 4.5%, with an acceleration of 1 percentage point compared to the previous seven months [1] Export Performance - In August, the export of mechanical and electrical products reached 125.39 billion yuan, growing by 19%, accounting for nearly 70% of the total exports [2] - Notable growth was observed in the exports of ships and high-end machine tools, which increased by 45.1% and 43.7% respectively [2] - The demand for green products surged, with exports of electric vehicles, lithium batteries, and photovoltaic products growing by 37.1%, 112.1%, and 39% respectively [2] Import Dynamics - The import of metal ores, unrefined copper, and copper products increased by 15% and 21% respectively, reflecting a recovery in raw material manufacturing [2] - The development of the semiconductor and artificial intelligence industries drove significant growth in imports of semiconductor manufacturing equipment and computer accessories, which surged by 105.5% and 55.2% respectively [2] - Consumer goods imports also saw growth, with beef, milk powder, perfume, and sports equipment increasing by 10.5%, 43.2%, 29.4%, and 35.8% respectively [2] Market Opportunities - The strong performance in August was significantly driven by private enterprises, which accounted for 166.85 billion yuan in imports and exports, growing by 31.5% and contributing 11.5 percentage points to the overall growth [1] - Emerging markets such as Africa, ASEAN, the Middle East, and India saw exports totaling 53.74 billion yuan, a year-on-year increase of 45%, contributing 10.7 percentage points to the overall export growth [1] - The export of shipbuilding and marine engineering equipment, along with engineering machinery, showed remarkable performance, with increases of 10.6 times and 72.8% respectively, contributing 16.5 percentage points to the growth in emerging markets [1]

Core Insights - Private enterprises are increasingly becoming a key force in stabilizing foreign trade due to their flexibility and market sensitivity [1] Group 1: Trade Performance - In August, Shanghai's total imports and exports grew by 11.7% year-on-year, marking the seventh consecutive month of growth since February [1] - Exports exceeded 180 billion yuan for the first time, with a growth rate of 17.1%, while imports reached 204.35 billion yuan, growing by 7.3% [1] - For the first eight months, Shanghai's total imports and exports increased by 4.5%, with the growth rate improving by 1 percentage point compared to the first seven months [1] Group 2: Role of Private Enterprises - In August, the import and export volume of private enterprises in Shanghai surged by 31.5%, maintaining a growth rate above 30% for three consecutive months [1] - The share of private enterprises in Shanghai's total foreign trade rose to 43.1%, surpassing 40% for the first time, contributing 11.5 percentage points to the city's overall trade growth [1] Group 3: Market Diversification - Exports to emerging markets such as Africa, ASEAN, the Middle East, and India grew by 45% in August, contributing 10.7 percentage points to the overall export growth [1] - Notable export performance was observed in shipbuilding and marine engineering equipment, which grew by 10.6 times, and engineering machinery, which increased by 72.8%, together driving a 16.5 percentage point increase in exports to these emerging markets [1] Group 4: High-End Manufacturing and Imports - In August, the export of electromechanical products grew by 19%, accounting for nearly 70% of the total export value, with significant growth in shipbuilding and high-end machine tools at 45.1% and 43.7% respectively [2] - The export of "new three samples" including electric vehicles, lithium batteries, and photovoltaic products saw growth rates of 37.1%, 112.1%, and 39% respectively [2] - Imports of raw materials such as metal ores and copper products increased by 15% and 21% respectively, driven by stable industrial and consumer demand [2] - The import of semiconductor manufacturing equipment and computer accessories surged by 105.5% and 55.2% respectively, supported by the development of the integrated circuit and artificial intelligence industries [2] - Consumption-related policies have led to significant growth in imports of consumer goods, with beef, milk powder, perfume, and sports equipment increasing by 10.5%, 43.2%, 29.4%, and 35.8% respectively [2]

Core Insights - Japan's trade surplus with the United States decreased by 50.5% in August, reaching 323.9 billion yen, the lowest level since January 2023 [2] - Exports to the U.S. fell by 13.8% year-on-year, marking five consecutive months of decline [2] - The decline in automobile exports to the U.S. is attributed to the ongoing impact of U.S. tariff policies [2] Group 1: Trade Statistics - In August, Japan's automobile exports to the U.S. decreased by 28.4%, amounting to 307.6 billion yen, with export volume dropping by 9.5% to 86,480 vehicles [4] - The average price of exported vehicles fell by 20.9% to 3.55 million yen, remaining below the previous year's level for six consecutive months [4] - Japan's overall trade balance showed a deficit of 242.5 billion yen in August, marking two consecutive months of deficit [4] Group 2: Export Trends - Japan's total exports in August decreased by 0.1% to 8.4251 trillion yen, with exports to China declining by 0.5% to 1.5007 trillion yen, continuing a six-month downward trend [4] - Exports to the European Union increased by 5.5% to 780.4 billion yen, marking the first increase in two months [4] - The increase in exports to the EU was driven by higher demand for engineering and mining machinery, as well as hybrid vehicles [4]

Core Viewpoint - Japan's exports to the United States fell by 13.8% year-on-year in August, marking the largest monthly decline in over four years, primarily due to the impact of U.S. tariff policies [1] Group 1: Trade Statistics - Japan's exports to the U.S. decreased to 1.39 trillion yen (approximately 9.5 billion USD) in August [1] - Overall exports from Japan declined by 0.1% year-on-year, while imports fell by 5.2%, resulting in a trade deficit of 242.5 billion yen (approximately 1.66 billion USD) for the month [1] Group 2: Affected Industries - Significant declines in exports were noted in sectors such as automobiles, construction and mining machinery, and semiconductor manufacturing equipment [1] - Exports of automobiles and auto parts account for about one-third of Japan's total exports to the U.S. [1] Group 3: Company Responses - To mitigate the effects of tariff policies, some Japanese automakers, including Toyota, have been forced to lower prices to maintain sales [1] - Companies like Mitsubishi and Mazda are actively reducing exports of low-margin vehicles to the U.S. and are seeking to expand sales in markets outside the U.S. [1]

■ 出口总值2304.4亿元，同比增长13.2%；进口总值1021.6亿元，同比增长4.8% 对共建"一带一路"国家进出口占半壁江山。陕西对共建"一带一路"国家进出口1804.8亿元，同比增长 1.2%，占全省进出口总值的54.3%；对RCEP其他国家进出口1250亿元，占全省进出口总值的37.6%。同 期，对东盟进出口536.9亿元，同比增长17.9%；对中国台湾进出口425.6亿元，同比增长72.1%；对欧盟 进出口421.3亿元，同比增长43.4%；对中国香港进出口192.3亿元，同比增长15.2%；对美国进出口179.1 亿元。 外资企业、国有企业进出口增长较快。外商投资企业进出口1924.3亿元，同比增长17.2%，占全省进出 口总值的57.9%；国有企业进出口227.8亿元，同比增长11.6%。 机电产品出口1976.5亿元，同比增长14.5%，占全省出口总值的85.8%，主要包括集成电路出口855.2亿 元，同比增长14.6%；汽车（含底盘）出口373.7亿元，同比增长33.9%；自动数据处理设备及其零部件 出口196.6亿元，同比增长21.8%；太阳能电池出口100.6亿元。 机电产品进口70 ...