On February 1, 2023, the US Department of Energy issued an announcement announcing revisions to energy conservation standards for consumer conventional cooking products, primarily involving kitchen stoves, ovens, etc. The new standards have several major changes compared to the current standards.
Japan issues new food safety regulations, cancels mandatory inspection measures for aflatoxin in Chinese edible sea urchins and Sichuan peppercorns.
Recently, freight rates for international shipping routes from Shanghai to both the US West Coast and East Coast have risen, with increases of approximately 30% and 20% respectively.
On April 14, 2023, the European Commission issued an announcement, making its first affirmative final ruling on the sunset review of anti-dumping duties on stainless steel tube and pipe butt-welding fittings originating from Mainland China and Taiwan, China.
The 2024 explosion accident at BASFs Ludwigshafen site in Germany disrupted the production of vitamins A and E, leading to tight global supply, soaring prices, and impacts on the Chinese market, where prices doubled, with supply-demand imbalance unlikely to balance in the short term.
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.
? 2025. All Rights Reserved. Shanghai ICP No. 2023007705-2 
PSB Record: Shanghai No.31011502009912
