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Chinese export policy

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Ding Xuexiang claims at CIIE that trade surplus is due to inability to import desired products and restrictions

11.05 ·Reported ·Importance IV ·Sources 1 ·Shanghai

On November 5, Ding Xuexiang, member of the Standing Committee of the Political Bureau of the CCP Central Committee and Vice Premier of the State Council, stated at the opening ceremony of the 9th China International Import Expo (CIIE) in Shanghai that the reason for the huge trade surplus is that China wants to import many products but cannot buy them, or is not allowed to buy them, and that normal trade in high-tech products is being interfered with. He also refuted claims that China is squeezing the economies of other countries.

China's October Manufacturing PMI Falls to 49.3, Returning to Contraction Zone

10.31 ·Reported ·Importance IV ·Sources 1 ·China

According to the Associated Press, data released by China's National Bureau of Statistics on October 31 showed that the manufacturing PMI for October fell from 50.1 in September to 49.3, the new export orders index dropped from 50.0 to 48.7, and the production index fell from 51.7 to 49.8, indicating that factory activity has shifted from expansion to contraction.

Volkswagen's Osnabrück plant plans to end car production in 2027 and switch to air-defense equipment

10.24 ·Reported ·Importance II ·Sources 1 ·Germany

According to a Nikkei Asia report on October 24, against the backdrop of intensifying competition among Chinese automakers and Europe's expanding armaments, Volkswagen's 125-year-old plant in Osnabrück, Germany, plans to halt car production in the summer of 2027 and shift to producing air-defense equipment and parts. In cooperation with Rafael, it aims to retain about 1,200 of its 1,800 jobs. Stickers opposing the conversion to military production have appeared near the plant.

China's Q3 GDP Grows 4.5% Year-on-Year, September Exports Surge 36%

10.20 ·Reported ·Importance IV ·Sources 1 ·China

According to a Wall Street Journal report on October 20, China's GDP in the third quarter grew 4.5% year-on-year, with strong exports surging 36% year-on-year in September, and the trade surplus expected to hit another record.

Germany Pushes EU to Impose Broader Quotas on Chinese Imports

10.15 ·Developing ·Importance III ·Sources 1

Germany is pushing the EU to propose safeguard measures by the end of the year to impose quotas on Chinese imports of chemical products, machinery, and potentially pharmaceuticals, in addition to planned quotas on Chinese hybrid vehicles.

EU Reaches Consensus on a Tougher Trade Stance Toward China

10.15 ·Verified ·Importance III ·Sources 1

According to a report by the South China Morning Post, after successfully pressing China to cap its exports of hybrid vehicles to Europe at 350,000 units per year, EU member states are emboldened and have now reached a consensus on adopting a tougher trade stance toward China, preparing to speed up a series of follow-up unilateral actions.

EU Assesses Chemical and Machinery Import Data and Considers Quota Restrictions

10.15 ·Reported ·Importance III ·Sources 2 ·布鲁塞尔

On October 15, sources revealed that the European Commission has begun assessing import data for the chemicals, machinery and other industries, and von der Leyen proposed at the summit that safeguard and quota measures be taken to protect the relevant industries.

China's 3D printer exports up 90% year-on-year in the first half, global share rises to 96%

10.15 ·Reported ·Importance II ·Sources 1 ·China

According to a report by The Economist on October 15, China's consumer-grade 3D printer industry is rising rapidly, with export value in the first half of this year up 90% year-on-year. Chinese companies' global market share has climbed from 19% to 96% over the past decade, with Shenzhen Creality, Anycubic, ELEGOO, and Bambu Lab dominating the consumer-grade market.

China's September exports up 36.3% year-on-year; trade surplus of $133.5 billion hits record high

10.14 ·Reported ·Importance IV ·Sources 1 ·China

On October 14, according to a Financial Times report, data from the General Administration of Customs showed that exports in September grew 36.3% year-on-year in dollar terms, far exceeding the expected 25.7%; the month's trade surplus reached a record $133.5 billion, with the cumulative surplus for the first nine months at $938.1 billion. Chips and data processing equipment accounted for 17.9% of exports, exports to the US rose 39.6%, and exports to Europe rose 25.3%.

China and EU Reach Understanding on Restricting Chinese Hybrid Vehicle Exports to Europe

10.09 ·Reported ·Importance IV ·Sources 3 ·Beijing

On October 9, EU Trade Commissioner Sefcovič announced after meeting with Chinese Commerce Minister Wang Wentao in Beijing that the two sides had reached an understanding on limiting exports of Chinese hybrid and plug-in hybrid vehicles to Europe, which could cut export volumes by more than half.

China's VAT refunds for exporters reached $318.2 billion last year

10.06 ·Reported ·Importance III ·Sources 1 ·China

According to a report by The New York Times on October 6, China's value-added tax refunds for exporters reached $318.2 billion last year, equivalent to 1.5% of GDP; the renminbi depreciated by more than 14% from the start of 2022 after inflation adjustment, and the export model has intensified friction with trading partners.

China's Ministry of Commerce launches anti-dumping investigation into EU-origin p-nitrotoluene imports

10.03 ·Reported ·Importance III ·Sources 1 ·China

On October 3, China's Ministry of Commerce announced the launch of an anti-dumping investigation into p-nitrotoluene imported from the European Union, with the investigation period running until October 2027 and extendable by six months. The ministry said prices of the relevant EU products fell by nearly 60% cumulatively from 2022 to 2025, and noted that the EU has launched 28 trade remedy investigations against China since 2025.

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