消费是内需的重要组成部分，也是巩固和增强经济回升向好势头的关键支撑。国家统计局数据显示，2025年1-11月，全国社会消费品零售总额同比增长 4%，增速快于去年同期及全年。 近年来，提振消费持续成为中国经济工作的重点。2025年12月10日至11日召开的中央经济工作会议，将"坚持内需主导，建设强大国内市场"列为2026年经 济工作首要任务；随后，商务部等部门联合印发《关于加强商务和金融协同 更大力度提振消费的通知》，聚焦商品、服务与新型消费等领域，推出11条 政策措施，加大金融对消费的支持力度，释放政策合力。 从趋势上看，中国消费正在加速进入结构升级新阶段。埃森哲发布的2025年《中国消费者洞察》显示，相较2021年，消费者在健康与财富方面的关注度显 著提升，"情绪消费"成为持续性趋势。叠加贵金属价格上涨，2025年1—11月，金银珠宝、体育娱乐用品等品类消费同比分别增长13.5%和16.4%。 2025年以来，各地持续推进促消费行动，消费品以旧换新、家电下乡等政策持续发力，推动消费规模扩张、结构优化和动能焕新。2025年1—11月，全国 家用电器和音像器材类、文化办公用品类、通讯器材类消费同比分别增长14. ...

一盒智利樱桃在元旦清晨被摆上北京家庭餐桌时，窗外是零下五度的寒冬，但这颗南半球水果背后的贸易航道却比任何地缘政治风暴都更稳定。 2026年元旦，在北京市民李小兰的家中，这盒智利樱桃并非孤例——墨西哥鳄梨、阿根廷牛肉和泰国榴莲如今已成为中国家家户户的日常食品 这些变化背后，是中国贸易策略的一次深度调整：当全球贸易格局在关税与保护主义的冲击下动荡不安时，中国正在推进一场多维度的"去美国化"运动。 从李小兰家餐桌上的变化，到2026年中国对935项商品降低进口关税的政策，再到中欧班列突破2万列的年度开行量，这场变革正在影响着世界贸易的每一个 环节 中美贸易关系在2025年经历了一波三折的考验。年初，特朗普政府频频以贸易不公和国家安全为由，挑起对华经贸摩擦，甚至一度将对华关税提高至约 167%，将中美关系推向几乎失控的边缘 中国贸易"去美国化"策略是一个系统性工程，涵盖多个关键维度。通过策略组合，正在塑造更具韧性和自主性的贸易新格局。 这一系列举措对中国出口构成了直接冲击。2025年1-11月，中国对美出口同比下降18.9%，拖累整体出口约2.8个百分点 双方经贸谈判团队进行了多轮沟通，最终以中美元首釜山会晤为契机， ...

2025年12月24日，香港联交所正式宣布，自12月30日上午9时起，重庆洪九果品股份有限公司的H股上 市地位将被取消。这家2022年9月才登陆港股、市值一度超过600亿港元的"水果第一股"，从巅峰坠落仅 用了不到三年时间。 然而好景不长，上市不到两年，公司就陷入困境。2024年3月，洪九果品因无法按时披露2023年年报而 被暂停交易。停牌前的最后一个交易日，公司股价定格在1.74港元/股，较发行价暴跌95.65%，市值仅 剩约27.95亿港元。 根据联交所的退市程序，若公司未能于2025年9月19日或之前履行复牌指引并恢复交易，将被取消上市 地位。洪九果品未能满足这一要求，上市委员会于2025年10月3日决定取消其上市地位。 退市的直接导火索是公司持续未能公布财务业绩。截至退市决定公布时，洪九果品仍未披露2023年年报 及之后的定期报告。 毕马威会计师事务所在审计过程中发现，截至2023年12月31日，洪九果品的预付款项余额约为44.7亿 元。尤其令人关注的是，2023年第四季度，公司向若干供应商支付了约34.2亿元的预付款，而这些供应 商大多是公司2023年度的新增交易方，并无历史交易记录。 治理失序：家 ...

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 来源：文轩观察 洪九果品的崩塌，不仅是家族企业治理失序的必然结局，更是资本催熟模式下商业逻辑溃败的样本。 作者|阿斗 图源|网络 2025年12月24日，香港联交所正式宣布，重庆洪九果品股份有限公司将于2025年12月30日上午9时起取 消上市地位。 这一决定意味着曾经市值高达600亿港元的"中国水果第一股"将正式退出资本市场舞台。 从2022年9月5日以"水果第一股"光环登陆港股，到如今被强制除牌，洪九果品的上市之旅仅持续了三 年。 三年间，公司经历了从市值巅峰到"脚踝斩"的惨烈坠落，这不仅是洪九果品邓洪九家族创业史的终结， 也是中国水果行业资本化进程中一个沉重的警示。 从码头苦力到"水果第一股" 1987年的朝天门码头，17岁的邓洪九肩挑扁担，跻身"棒棒"大军。他用两天时间，把进价3毛、售价6毛 的红桔卖出去，净赚100多元。 邓洪九的创业史是典型的草根逆袭故事。2002年，他与妻子江宗英共同创立洪九果品。2012年，他做出 一个重大决策：押注泰国榴莲市场。 与当时行业常见的现结或短账期模式不同，邓洪九选择了一种风险极高但可能带来巨 ...

Group 1 - The core viewpoint of the articles highlights the significant growth in trade between Shenzhen and Thailand, particularly in the electric vehicle sector, as Shenzhen prepares to celebrate the 50th anniversary of diplomatic relations with Thailand in 2025 [1][2] - In the first ten months of this year, Shenzhen's total import and export value with Thailand reached 92.82 billion yuan, marking a year-on-year increase of 4.4%, with both import and export scales ranking first among mainland cities in China [1] - Exports of new energy vehicles from Shenzhen to Thailand have surged, with a remarkable year-on-year growth of 99.1%, amounting to 1.28 billion yuan in electric vehicle exports [1] Group 2 - The company BYD has significantly contributed to this growth, exporting 11,000 new energy vehicles to Thailand this year, which represents an increase of over 50% compared to the previous year [1] - Shenzhen Customs has implemented innovative measures to facilitate the export of new energy vehicles, including leveraging the China-ASEAN Free Trade Agreement and RCEP rules, which has resulted in over 700 certificates of origin being issued for BYD's exports, saving over 30 million yuan in tariff costs [2] - Other high-tech and high-value-added products from Shenzhen, such as electrical equipment and computer components, have also shown strong performance, with exports of 4.13 billion yuan and 2.45 billion yuan respectively, reflecting year-on-year growth of 25.3% and 63.1% [2]

Core Insights - The 8th China International Import Expo (CIIE) showcased the Shaanxi Provincial Trade Group's commitment to high-quality participation, achieving significant procurement and cooperation outcomes [1][2][3] Group 1: Participation and Achievements - A total of 1,255 units from Shaanxi registered for the expo, with 4,132 professional attendees, indicating a steady improvement in both scale and quality compared to previous years [1] - The trade group achieved 48 transaction intentions with a total value of 2.538 billion yuan, including 21 signed procurement projects worth 674 million yuan [1] Group 2: Focus Areas and Collaborations - The trade group emphasized key sectors such as artificial intelligence, high-end equipment manufacturing, and new materials, conducting 16 targeted investment activities and establishing connections with 68 Fortune 500 foreign enterprises [2] - Fund project roadshows and industry promotion events led to signed cooperation agreements totaling 3 billion yuan, with 12 investment projects planned, amounting to an initial investment of 64.6 million yuan [2] Group 3: Cultural Exchange and Promotion - The trade group created cultural initiatives like the "National Level Pedestrian Street Exhibition" and "Shaanxi City Reception Hall Exhibition," featuring 47 representative enterprises [2] - On-site sales of Shaanxi specialty products reached 1.2729 million yuan, with 1,389 potential cooperation enterprises and an expected signing amount of 28.285 million yuan [2]

Core Insights - The signing of the China-ASEAN Free Trade Area 3.0 upgrade protocol during the 47th ASEAN Summit enhances the cooperation between the Yangtze River Delta and ASEAN markets, solidifying the region's role in international trade [1] Trade Dynamics - China has maintained its position as ASEAN's largest trading partner for 16 consecutive years, while ASEAN has been China's largest trading partner for 5 years [1] - By 2024, bilateral trade between China and five ASEAN countries (Vietnam, Malaysia, Indonesia, Thailand, Singapore) is expected to exceed 100 billion USD, with trade with Vietnam and Malaysia surpassing 200 billion USD [1] - In the first three quarters of 2025, ASEAN remained the largest trading partner for the Yangtze River Delta, with import and export volume reaching 2.01 trillion CNY, a year-on-year increase of 18.9% [1] Regional Contributions - Shanghai's imports and exports with ASEAN reached 474.82 billion CNY in the first three quarters of this year, growing by 12.5%, significantly higher than the city's overall import and export growth of 5.4% [2] - Zhejiang's exports to ASEAN amounted to 188.52 billion CNY, with a year-on-year growth of 21.7%, highlighting the region's potential in the ASEAN market [3] - Jiangsu's trade with ASEAN reached 791.73 billion CNY, a 22.8% increase, with significant growth in consumer goods and electronic products [4] - Anhui's trade with ASEAN totaled 100.81 billion CNY, growing by 39.8%, with a remarkable 71.0% increase in imports and exports from Hefei [4] Product Categories - In Shanghai, mechanical and electrical products accounted for 61.5% of exports to ASEAN, with significant growth in integrated circuits and mobile phones [2] - Zhejiang's "New Three Samples" (newly emerging products), auto parts, and ships showed impressive growth rates of 49.5%, 28.0%, and 28.6% respectively [3] - Jiangsu saw explosive growth in consumer goods such as cosmetics and daily necessities, alongside strong performance in electronic consumer products [4] Investment and Services - In the first three quarters, Zhejiang issued 488,000 certificates of origin under the China-ASEAN Free Trade Agreement, valued at 142.92 billion CNY, benefiting enterprises by approximately 12.8 billion CNY [3] - Jiangsu's investment in ASEAN countries reached 1.67 million USD, accounting for 25% of the city's total foreign investment [4] - Nanjing's service outsourcing cooperation with ASEAN countries reached 860 million USD in the first half of this year, continuing to grow by 22% [4]

Core Insights - Qian Dama is leveraging its nearly 3,000 store network to enhance community engagement and supply chain efficiency, focusing on fresh produce and direct sourcing from farms [3][4][19] - The company emphasizes a "daily fresh" model that ensures products are sold on the same day they are harvested, thereby enhancing freshness and reducing waste [4][19] - Qian Dama aims to strengthen its market position in the Greater Bay Area by participating in the upcoming agricultural trade fair, seeking new products, partnerships, and industry insights [17][21] Supply Chain and Logistics - Qian Dama has established a highly efficient supply chain and logistics system, referred to as the "fresh highway," which minimizes intermediaries and ensures rapid delivery from farms to stores [4] - The company utilizes big data for order predictions and employs a full cold chain delivery network to ensure products reach stores within 24 hours of harvesting [4] - Direct partnerships with quality agricultural bases allow Qian Dama to maintain high standards and freshness, exemplified by their collaboration with various farms for specific products [4][12] Agricultural Collaboration - Qian Dama has developed a "farm-enterprise symbiosis" model, which has resulted in a consumption assistance amount of 2.3 billion yuan by the end of 2024, benefiting local farmers [9][13] - The company collaborates with farmers to create tailored agricultural standards and practices, enhancing product quality and farmer income [9][12] - Specific examples include partnerships in Guizhou for egg production and cucumber supply, demonstrating effective supply chain integration and local economic support [9][12] Seasonal Procurement Strategy - As autumn and winter approach, Qian Dama is focusing on seasonal products and quality control, implementing a strategy of direct sourcing and prioritizing seasonal items [14][16] - The company plans to enhance its supply chain and product quality through the establishment of standard planting demonstration bases [14] - Data-driven adjustments to procurement practices are being made to align with consumer preferences and reduce waste [16] Market Position and Future Plans - Qian Dama's competitive advantages include a strong brand reputation for freshness, an efficient supply chain, and a dense network of stores [19][21] - The company is exploring the introduction of international products to meet consumer demand for high-quality and diverse offerings [21] - At the upcoming agricultural trade fair, Qian Dama aims to discover new products, establish partnerships, and engage in knowledge exchange to drive industry innovation [21]

Core Points - The resumption of the Zhengzhou-Bangkok cargo route marks a significant development in the import of fresh tropical fruits from Southeast Asia to Henan, with a capacity to import approximately 25 tons of Thai fruits per flight, operating three times a week [1][2] - Zhengzhou Airport Customs has implemented measures such as "smart certification" and "conditional release" to enhance the efficiency of fresh goods clearance, allowing for same-day arrival and next-day market availability of Thai fruits [1][2] - The Zhengzhou aviation port has become a crucial air passage for Henan to connect with ASEAN, facilitating the import of over 30 types of fresh fruits and seafood, thus promoting the expansion and quality improvement of fresh import trade [1][2] Industry Overview - Zhengzhou Aviation Port is a key logistics hub with 33 all-cargo airlines operating and 45 international cargo routes, covering over 48 international cities and more than 30 countries and regions [2] - The port has achieved significant growth, with international cargo throughput exceeding 470,000 tons, a year-on-year increase of over 40%, and has become the first in Central China to reach the "10,000 flights" level this year [2] - The resumption of the cargo route and upgraded customs services enriches the local market's fruit offerings and enhances the region's access to the Southeast Asian fresh market, injecting new vitality into the open economic structure [2]

Core Insights - The China-Laos Railway has shown significant growth in both import and export volumes and values in the first three quarters of 2025, with a total of 4.1 million tons and a value of 19.72 billion yuan, representing year-on-year increases of 8.9% and 42.8% respectively [1][2] Group 1: Import and Export Performance - The total import and export volume to Laos reached 3.7255 million tons, with a value of 11.418 billion yuan, marking year-on-year growth of 7.7% and 24.6% [1] - Exports of electromechanical products have become the dominant force, with a value of 5.325 billion yuan, up 140.1% year-on-year, accounting for 54% of total exports [1] - High-value and high-tech products such as smartphones, industrial robots, and new energy vehicles are increasingly contributing to the export growth [1] Group 2: Import Trends - Southeast Asian specialty agricultural products have seen a significant increase in imports, totaling 6.09 billion yuan, a year-on-year growth of 38.1% [1] - The import of tropical fruits from Southeast Asia, including over 170,000 tons of durians from Thailand and bananas from Laos, has increased by 46.5% [1] Group 3: Role of Private Enterprises - Private enterprises have shown remarkable vitality, with a total import and export value of 15.38 billion yuan, a year-on-year increase of 22.4%, accounting for 78% of the total value [2] - The use of cold chain transportation via the China-Laos Railway has improved efficiency and reduced losses by 15% compared to previous road transport methods [2] - The expansion of business scope includes the first-time import of tea through the railway, indicating growth in diverse product offerings [2]