外贸是观察经济的重要窗口。过去，我国在海外市场走俏的主要是服装、家具、家电这些"老三样"，如 今"新旧交替"，以电动载人汽车、锂电池、太阳能电池等为代表的"新三样"在出口领域持续领跑。这类 产品兼具高技术含量、高附加值的特点，且契合绿色转型趋势，正逐步成为我国出口的新增长点，也在 成长为我国新的优势产业。 从点的突破到面的铺开，从"新三样"到"更多样"，中国经济的创新脉搏，在这样的迭代中愈发强劲。由 此带来的创新力量，也让我们有更充足的底气和自信去战胜困难挑战，让高质量发展成色更足、底色更 亮。 不管是新产业，还是潮文化，回顾"新三样"的发展历程，可得到不少经验启示。"新"的含金量，既因为 精准对接了消费者对"高品质、新体验"的需求，也得益于成熟供应链、新质生产力的坚实托底。这背 后，同样离不开海关在进出境口岸为创新创造提供的保驾护航。比如，围绕知识产权保护，海关总署介 绍，今年以来全国海关拦截183万件假LABUBU。同时还特别强调，中国海关的知识产权保护不仅服务 强国建设，更体现大国担当：对内对外一视同仁，既保护自主知识产权，也保护国外企业在我国的合法 权益，既阻止境外侵权产品流入国内，也打击国内侵权产品 ...

Summary of Key Points from the Conference Call Industry Overview - The focus is on the **Chinese economy**, particularly the impact of the **anti-involution campaign** on economic recovery and deflation issues stemming from the **property sector collapse** and overcapacity in the **green sector** [1][2][3][4]. Core Insights and Arguments - **Deflation and Economic Recovery**: China's economic recovery post-pandemic has been weak, characterized by deflation, primarily due to the collapse of the property sector, which accounted for **25% of GDP** and **38% of national fiscal revenue** [1][14]. - **Anti-Involution Campaign**: Launched in mid-2024, aimed at curbing aggressive price competition among enterprises. Recent actions include increased enforcement and price coordination meetings, leading to rising commodity prices and stock prices for certain companies [2][7]. - **Concerns Over Overcapacity**: Despite the anti-involution efforts, overcapacity in the green sector remains a significant concern. The campaign may not effectively reflate the economy due to anticipated demand shocks and lack of substantial stimulus programs [3][4][33]. - **Price Trends**: Recent spikes in commodity prices are viewed as speculative and unsustainable. PPI inflation remains negative, with forecasts of **-2.5%** for 2025 and **-0.6%** for 2026 [4][10]. - **Sector-Specific Impacts**: The solar industry has been particularly affected by price competition, with many producers incurring losses. Investment growth in the solar sector contracted by **29.1%** in 2024 [9][29]. Additional Important Insights - **Investment Trends**: Local governments have heavily invested in manufacturing sectors, particularly in EVs, batteries, and solar, leading to excessive capacity and price wars. Investment growth in lithium-ion batteries dropped from **104.6%** in 2021 to **19.1%** in 2023 [29][44]. - **Property Market Decline**: The property market continues to struggle, with contract sales of top developers dropping by **73.1%** in value from H1 2021 to H1 2025. Average home prices have fallen by around **30%** [20][47]. - **Export Challenges**: Despite a temporary rebound in exports, significant headwinds are expected due to US tariffs and a slowdown in demand. Exports to the US fell by **21.6%** y-o-y in July [54][61]. - **Social Security Enforcement**: Stricter enforcement of social security contributions is anticipated to challenge SMEs, particularly in labor-intensive sectors, potentially leading to closures or workforce reductions [55][57]. Conclusion - The anti-involution campaign, while aimed at addressing deflation and overcapacity, faces significant challenges. The lack of robust demand-side stimulus, ongoing property market issues, and potential demand shocks could hinder effective economic recovery in China [3][33][67].

Group 1 - The event is the 2025 Fifth Start Two-Wheeled Vehicle Battery Swap Conference and Lightweight Power Battery Technology Summit, focusing on the growth of the battery swap market and technological advancements in the industry [3][4] - The conference will feature the release of the "2025 China Two-Wheeled Vehicle Battery Swap and Battery TOP Rankings and Industry White Paper," which includes rankings for top manufacturers and operators in the sector [3][4] - The global two-wheeled vehicle battery swap market is experiencing rapid growth driven by policy support, demand for instant delivery, and technological upgrades, presenting new opportunities for Chinese companies [3][4] Group 2 - The event will take place on July 10-11, 2025, at the Shenzhen Baon International Hotel, with an expected attendance of over 600 participants [4] - The agenda includes various specialized forums discussing trends in electric two-wheeled vehicles, battery technology, and the challenges and opportunities in the battery swap market [5][6] - Key topics will include advancements in lithium and sodium batteries, safety standards, and the impact of new regulations on battery technology [6][7] Group 3 - Notable participating companies include major players in the electric two-wheeled vehicle and battery swap sectors, such as Meituan, Didi, and various battery manufacturers like CATL and BYD [7][8] - The conference aims to facilitate discussions on the balance between energy density, cost, and safety in battery technology, as well as the application of new materials and manufacturing processes [6][8] - The event will also address the growing demand for lightweight power batteries in emerging applications such as low-altitude flight and smart home technologies [3][4]

Core Insights - Kandi Technologies Group and CBAK Energy Technology have formed a strategic partnership to establish two lithium battery production facilities in the U.S. to meet the growing demand for off-road vehicles and align with clean energy incentives under the U.S. Inflation Reduction Act (IRA) [1][2] Group 1: Partnership Details - The partnership will involve the development of two facilities: one for battery pack assembly and another for battery cell manufacturing, with the first facility being prioritized for near-term development [1][2] - Each facility will operate as a separate joint venture, with ownership structures tailored to the specific project [1][2] Group 2: Market Opportunity - The North American market for off-road vehicles, including UTVs and golf carts, was valued at $16.7 billion in 2024 and is projected to reach approximately $25.0 billion by 2030, indicating significant growth potential [6] - The partnership aims to capture a meaningful share of the battery needs in this expanding market by localizing production [6] Group 3: Strategic Goals - The collaboration enhances supply chain resilience and addresses global trade and localization pressures while unlocking long-term growth potential [2][4] - Kandi and CBAK will jointly develop high energy density battery systems optimized for off-road and powersports vehicles, ensuring a seamless production ramp-up [6]