In the first seven months of 2024, Chinas total import and export value of goods reached 24.83 trillion yuan, a year-on-year increase of 6.2%, with exports growing by 6.7% and imports by 5.4%, demonstrating the resilience of Chinas economy and the momentum of foreign trade development.
New inspection regulations for imported infant formula foods and processed cheese products have been implemented. Starting from the effective date of the new national standards, the production date must be declared during customs clearance, and the production date must match the one on the product label.
The Ministry of Commerce, the Ministry of Public Security, and the General Administration of Customs jointly issued the Notice on Further Expanding the Scope of Regions for Used - car Export Business earlier, deciding to add 14 regions to carry out the used - car export business
European and American automakers face electrification challenges, while Chinas electric vehicle market accounts for over 50% of the global share, with cost advantages and a complete supply chain enhancing the global competitiveness of Chinese EVs.
On January 5, 2023, the Ministry of Economy of Argentina issued Announcement No. 4 of 2023, making a final anti - dumping ruling on household electric kettles originating in China and deciding to set a minimum export free - on - board (FOB) price limit of USD 12.46 per piece for the products under investigation.
According to the official news of the General Administration of Customs, on January 4, 2023, the Chinese Customs recently signed an AEO mutual recognition arrangement with the Philippine Customs.
On December 30, 2022, the US company FNA Group, Inc. submitted applications for anti - dumping and counter - vailing investigations on cold water gas - powered pressure washers imported from China to the US Department of Commerce and the US International Trade Commission, and an application for an anti - dumping investigation on cold water gas - powered pressure washers imported from Vietnam.
On December 30, 2022, the Ministry of Commerce and Industry of India issued an announcement stating that, in response to an application submitted by the Indian Printed Circuit Association, it initiated an anti - dumping investigation on printed circuit boards originating in or imported from China.
Recently, the latest data released by South Korea's Ministry of Trade, Industry and Energy and the Korea International Trade Association showed that in the first half of 2024, South Korea's exports of memory chips to China's Taiwan region reached $4.26 billion, a significant year-on-year increase of 225.7%. This growth rate far exceeds the 88.7% increase in South Korea's overall memory chip exports, highlighting...
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