Core Insights - Shanghai's foreign trade import and export reached 1.4 trillion yuan in the first four months of the year, with a year-on-year growth of 1% [1] - Exports amounted to 629.02 billion yuan, showing a year-on-year increase of 13.8%, with the growth rate accelerating by 1.2 percentage points compared to the first quarter [1] - Trade with emerging markets has been effective, with imports and exports recorded with over 200 countries and regions, and growth achieved with 166 trading partners [1] Group 1 - Trade with Belt and Road countries reached nearly 600 billion yuan, growing by 11.9% [1] - Trade connections with key regions such as the Middle East and Eastern Europe have strengthened, with import and export growth exceeding 20% [1] - Shanghai Customs has been promoting cross-border trade facilitation for eight consecutive years, aiming to create a safe, convenient, and efficient business environment at ports [1] Group 2 - Shanghai Customs launched the "Shanghai Customs 2025 Cross-Border Trade Facilitation Action Plan," consisting of 33 measures across five areas to boost enterprise confidence and enhance foreign trade quality [2] - The plan includes speeding up customs clearance for key products, expanding multimodal transport services, and enhancing digital technology applications [2] - A pilot program for facilitating the inspection of first-time imported consumer goods has been introduced, utilizing an innovative "whitelist + differentiated qualification assessment" model [2]

Core Viewpoint - Shanghai has implemented a pilot program for the facilitation of inspection of imported consumer goods, becoming the first in the country to do so, which has significantly accelerated the launch of new products by multinational companies in China [1] Group 1: Policy Implementation - The new inspection facilitation measures are part of the "First Release Shanghai 3.0" policy [1] - Since the implementation, 14 multinational companies have introduced over 20 consumer brands and more than 20,000 new products in China [1] Group 2: Market Impact - From January to April of this year, Shanghai has seen the opening of 301 new stores, including 7 global and Asian flagship stores [1] - A total of 41 stores are classified as national and mainland first stores, with high-level flagship stores accounting for 16% of the total [1] - Shanghai is becoming a preferred location for the debut and showcase of both domestic and international brands [1]