Trade On the afternoon of July 29th, Wanhai Shipping's new direct route to South America was officially opened in Tianjin Port. Cold container goods such as frozen seafood, seasonal fruits and vegetables from South America will arrive in Tianjin within 25 days, saving about 1/3 of the time compared with before. Yonhap News Agency: In the first half of the year, the sales of high-priced imported cars above 100 million won in South Korea hit the highest level in the same period of previous years. There are nearly 3 high-priced cars in every 10 imported cars. Sales of [...]

China The 2023 government work report: The main expected goals for this year's development are: GDP growth of about 5%; new urban employment of about 12 million people; surveyed urban unemployment rate of about 5.5%; consumer price growth of about 3%; residents' income growth basically keep pace with economic growth; promote the stability and quality of imports and exports, and basically balance the balance of payments; maintain grain output at more than 1.3 trillion catties; continue to decline in energy consumption per unit of GDP and emissions of major pollutants, and focus on controlling fossil energy consumption , [...]

Trade India: A small amount of crude oil has been raised, and the export tax of diesel is lowered. The huge profit tax of crude oil has increased from 4,350 rupees per ton to 4,400 rupees (about 53.87 US dollars), and it takes effect immediately, while diesel export tax decreases from 1.5 rupees to 0.5 rupees per liter. The Indian government has also canceled the huge profit tax of aviation turbine fuel per liter of 1.5 rupees. Industry CLS: The price of molybdenum钼 fell nearly 20%after a 17 -year high. The upstream mineral side has made a lot [...]

Industry IDC: The smartphone market in 2023 is still hardly optimistic. In 2023, the global smartphone market shipments will be less than 1.2 billion units, a year-on-year decrease of 1.1%; the Chinese market shipments are expected to be only 283 million units, a year-on-year decrease of 1.1%. CLS: Tesla's next-generation permanent magnet drive motor(特斯拉下一代永磁驱动电机) does not use any rare earth materials at all(不使用任何稀土材料). Although there are currently technical paths for permanent magnet motors that do not use rare earths, permanent magnet synchronous motors using rare earth materials are still the most advantageous. Industry-China Since February this year, the [...]

Trade alert Brazil: Introduced temporary fuel tax measures, stipulating that the crude oil export tax rate is 9.2%. On February 28, the Minister of Finance and Mining and Energy of Brazil jointly introduced to the media the temporary 120-day fuel tax measures promulgated by the Brazilian government on the same day. According to these measures, the Brazilian government will partially resume the taxation of gasoline and ethanol fuel. From March 1 to the end of June this year, each liter of gasoline and ethanol fuel sold in Brazil will be levied 0.47 reais ( 1 real is about [...]

China Bureau of Statistics: In February, the manufacturing PMI was 52.6%, an increase of 2.5 percentage points from the previous month. Non-manufacturing PMI was 56.3%, an increase of 1.9 percentage points from the previous month. The composite PMI output index was 56.4%, an increase of 3.5 percentage points from the previous month. Jin Zhuanglong, Minister of Industry and Information Technology: Forward-looking layout of future industries. It will study and formulate an action plan for future industrial development, accelerate the layout of frontier fields such as humanoid robots, metaverse, and quantum technology, and comprehensively promote the research and development [...]

Trade Korea Customs Service: Last year, the value of overseas shopping in Korea increased by 1.4% year-on-year to US$4.725 billion. Overseas online shopping orders increased by 8.8% year-on-year to 96.12 million. The amount of overseas online shopping from China was US$1.712 billion (36.2%), accounting for the first time last year and ranking first; the order volume was 55.417 million (57.7%), ranking first since 2020. Drewry: In February, about 4.1% of the world's container fleet was idle, with a capacity equivalent to 1.067 million 20-foot standard containers, double that of the same period last year. There were 1.07 million [...]

Trade alert United States: A 200% import tariff will be imposed on aluminum and aluminum products imported from Russia from March 10. The US trade department has also expanded the list of high-value commodities prohibited from exporting to Russia and Belarus. The current list has reached 276 items. Trade Thailand's Ministry of Commerce: Thailand's rice export volume in January was 805,500 tons, an increase of 75.2% year-on-year; the export value increased by 78.76% year-on-year to 14.28 billion baht. Kazakhstan: In 2022, the total import and export volume of Kazakhstan's foreign trade was 134.4 billion US dollars, a year-on-year [...]

Industry STCN证券时报: At present, the annual global consumption of optical chips （光芯片）exceeds 300 million pieces, and the market size is 8-10 billion yuan. By the end of 2022, the number of Chinese brand car dealers in Russia will reach 1041, accounting for almost one-third of the total number of car dealers in Russia. Industry China Tsinghua University Institute of Energy, Environment and Economics: In 2020, the domestic second-hand consumer market has exceeded one trillion yuan, and it is estimated that by 2025, China's idle goods transactions are expected to exceed three trillion yuan. Domestic second-hand mobile phones have [...]

Industry Boston Consulting Group: The potential market size of AI will reach at least 60 billion US dollars, and there will be more and more artificial intelligence applications that already exist and will exist in the future, accounting for 30% of the total. Achievements in artificial intelligence, especially in the theory of cognition（认知理论，Cognitive theory suggests that the human mind is like a computer that is constantly processing and encoding data. ）, have come a long way since six years ago. EconomyView中新经纬: Jay Chou's concert in Haikou will be held from June 30th to July 2nd，2023. Many hotels in [...]