Trade

  • China, New Zealand: The Protocol to Upgrade the Free Trade Agreement will effect.
  • China and the United Arab Emirates implement mutual recognition of the AEO system.
  • Kazakhstan: In 2021, the import and export trade volume will exceed 100 billion US dollars. According to a report by the Kazakhstan News Agency on February 14, in 2021, Kazakhstan’s total import and export trade will reach 101.5 billion US dollars, with processed products accounting for the main proportion; Russia, China and Italy are the country’s top three trading partners.
  • The U.S. trade deficit increased by 26.9%, hitting a record high. According to data released by the U.S. Department of Commerce, the U.S. trade deficit in goods and services in 2021 will increase by 26.9% to $859.1 billion, a record high. U.S. imports in 2021 will increase by 20.5% year-on-year to $3.39 trillion, while exports will increase by 18.5% year-on-year to $2.53 trillion.

Industry

  • Semiconductor Industry Association: In 2021, global semiconductor sales will be US$555.9 billion, a year-on-year increase of 26.2%; a total of 1.15 trillion chips have been sold, all hitting a record high. With sales of US$192.5 billion, the Chinese market remains the world’s largest semiconductor market, with a year-on-year increase of 27.1%.
  • App Anni: In 2021, global user spending on dating apps will exceed $4.2 billion, a year-on-year increase of 30%. Tinder is still the global market leader, with a record user spending of $1.35 billion in 2021, a year-on-year increase of 35% .
  • Nine Dragons, Jianhui, Jintian, Taichang, Xufeng and other manufacturers have risen by 50-100 yuan / ton. Due to the increase in the price of raw materials and the low inventory of paper mills, the price of base paper is expected to remain firm until mid-March. With the gradual consumption of inventory, at the end of March and early April, there will be a small peak of replenishment in the first half of the year.
  • Affected by factors such as the sharp rise in raw material prices, instant noodle companies such as Master Kong, Uni-President, and Nissin Foods have recently raised prices for some of their products.
  • Germany’s natural gas reserves are now at an all-time low, and gas storage facilities are now running at 35% capacity, lower than in previous years. The German government has also recently acknowledged that the country’s natural gas reserves have fallen to “worrying” levels.
  • According to the Financial Times, about 70% of the UK’s natural gas will be imported from overseas by 2030 and 80% by 2040, as gas production in the North Sea has been declining year by year.
  • China Energy News: Since the second half of 2021, international coal, oil and natural gas supply and demand pressures have increased, prices have continued to rise, energy supply and demand contradictions have become prominent, prices have continued to rise, and energy shortages have spread from Europe to the world. Governments in many European countries have adopted measures such as subsidies and price caps to ensure energy consumption for people’s livelihood; China has adopted measures such as increasing coal production, increasing coal imports, using reserve resources and social stocks, ensuring transportation, and regulating coal prices to cope with energy shortages; India has responded to the tight coal supply. A series of short-term emergency measures have been adopted, such as increasing coal supply, rationally distributing coal and electricity, and strengthening government-enterprise coordination.
  • According to data from financial information company Refinitiv, LNG imports in Europe reached about 11 million tons in January this year, quadrupling the amount in the same period last year. In particular, the amount purchased from the United States tripled in three months, accounting for about half of the imports. Europe will also seek more LNG imports from the United States, Japan and the Middle East. Natural gas inventories in Europe account for 36% of storage capacity, and the pace of decline in LNG inventories has been slowing due to the mild winter, but as long as the current level of LNG purchases is maintained, there will still be around 5% remaining in mid-April.
  • In December, the United States became the world’s largest LNG exporter for the first time in its history. But more importantly, energy autonomy is also part of Europe’s strategic autonomy. Experts say extreme cold weather in early 2021 has led to a massive depletion of natural gas inventories in Europe.

China

  • Ministry of Commerce: In January, the actual use of foreign capital nationwide was 102.28 billion yuan, an increase of 11.6% year-on-year. In terms of industry, the actual use of foreign capital in the service industry was 82.3 billion yuan, a year-on-year increase of 12.2%. The actual use of foreign capital in the high-tech industry increased by 26.1% year-on-year, of which the high-tech manufacturing industry increased by 32% and the high-tech service industry increased by 24.6%.
  • China plans to reach a total output value of 9 trillion yuan by 2025. The State Forestry and Grassland Administration recently issued the “Forestry and Grassland Industry Development Plan (2021-2025)”, proposing that by 2025, the total output value of the national forestry and grassy industry will reach 9 trillion yuan, and the status of a strong country in the international trade of forestry and grass products has been preliminarily established, with annual import and export. The trade volume reached 195 billion US dollars.

Company

  • CATL: The chips on BMS originated from the United States, and are currently being localized. The new product M3P planned to be launched is not only lithium manganese iron phosphate, but also the ternary of phosphate system, but it still occupies a certain cost of new energy vehicles. The ultimate solution for models in the range of 80,000 to 120,000 yuan vehicle is the “chocolate” power exchange block (PS, chocolate” power exchange block is a standard specification power exchange unit, the power of a single power exchange block is 26.5KWh, and the wireless battery management system module is used. Only the high-voltage positive and negative interfaces are required to connect with the vehicle. As long as the battery compartment is designed according to the specifications and interface specifications of the “Chocolate” power exchange block for any vehicle model, the “Chocolate” power exchange block can be installed, and can be freely adjusted and replaced as needed. number of electric blocks.).
  • Guo Jin, CEO of Luckin Coffee: In January, Luckin opened a total of about 360 new stores, breaking the record for the total number of stores opened by Luckin in a single month. The transaction volume of stores during the Spring Festival Golden Week was three times that of the same period last year.
  • Amazon’s 10-year global tax exemption amounted to $4.7 billion.
  • The turnover of Ozon reached 445 billion rubles, an increase of more than 125%. Recently, the Russian e-commerce company Ozon announced its results. In 2021, the number of new sellers on Ozon will exceed 60,000. Meanwhile, Ozon’s GMV, including services, grew by more than 125% to 445 billion rubles, compared to 197 billion rubles in 2020.
  • HMM’s net profit reached 5.3 trillion, a surge of nearly 4200%

World

  • Indonesia suspends operations of more than 1,000 miners. Recently, the Bureau of Mines and Coal under the Indonesian Ministry of Mines issued a document deciding to suspend the operations of more than 1,000 miners. The market is worried that once the mine is out of operation for too long, it will affect the export supply of related resource varieties, or it may exacerbate the tight supply and demand of global bulk commodities.
  • The Bank of Mexico announced that it will raise the benchmark interest rate to 6.00%. The Bank of Mexico announced that it would raise its benchmark interest rate by 50 basis points to 6.0%, in line with market expectations, from 5.5% previously. The country’s inflation expectations for 2022 and 2023 rose again, with long-term expectations remaining above target, it said.
  • The UK economy recorded its biggest growth since 1941. According to the Office for National Statistics, the UK’s GDP will grow by 7.5% year-on-year in 2021, the strongest annual growth since 1941 and the fastest-growing advanced economy last year. Meanwhile, the UK’s CPI in December rose by 5.4% year-on-year, and inflation rose to the highest level in nearly 30 years.