GuShiio.com The main contents of new consumption cross-border shipping this week include: China will be the EU’s largest source of imports in 2024; Alibaba Cloud has invested “unprecedented” resources to explore overseas markets.
The main contents of new consumption cross-border sailing this week include:In 2024, China will be the EU’s largest source of imports; Alibaba Cloud will invest “unprecedented” resources to explore overseas markets.
industry news
The State Council issued a document to increase foreign exchange business and cross-border RMB business facilitation policies and service supply
The General Office of the State Council issued guidance on doing a good job in the “five major articles” of finance. Increase the supply of policies and services to facilitate foreign exchange business and cross-border RMB business. Support financial institutions to provide high-quality trade facilitation services to more small and medium-sized enterprises and new trade formats, and encourage provincial-level cross-border RMB business self-discipline mechanisms to share lists of high-quality enterprises.
At the same time, we will improve the level of cross-border investment and financing facilitation and attract global resource elements to gather in an orderly manner in key areas of my country’s high-quality development. Facilitate cross-border financing of green projects and steadily expand the scope of pilot foreign exchange management policies for cross-border private equity investment funds. Promote banks to improve long-term mechanisms for exchange rate risk management services, and enrich and improve application scenarios of cross-border financial service platforms. Encourage financial institutions to continue to optimize global network layout and service models to help small and medium-sized enterprises expand their business overseas.
Xiaomi Technology’s major appliances start going out to sea
At the global launch conference for the Xiaomi 15 series held in Barcelona, Spain on the evening of March 2, Beijing time, Xiaomi announced that it would officially launch large-scale household appliances overseas and sell Xiaomi cars to the global market in the next few years.
Alibaba Cloud has invested “unprecedented” resources to develop overseas markets, with more than 300,000 overseas customers
During the Mobile World Congress in Barcelona, Liu Weiguang, senior vice president of Alibaba Cloud Intelligent Group and president of the public cloud business unit, said,”Starting this year, Alibaba Cloud will invest unprecedented resources to explore overseas markets more resolutely.” It is reported that Alibaba Cloud’s cloud services cover 29 public cloud regions, 87 public cloud availability areas, and 3200+ edge nodes around the world. So far, Alibaba Cloud has served more than 300,000 customers overseas, including more than one-third of the world’s top 500 companies, and has supported more than 250,000 China companies to go abroad.
Jitu Express releases 2024 financial report
Jitu Express releases its 2024 financial report. Financial report data shows that Jitu Express’s annual revenue in 2024 reached US$10.26 billion (approximately RMB 74.44 billion), a year-on-year increase of 15.9%. In 2024, the volume of rabbit packages will increase by 31% year-on-year to 24.65 billion pieces. Net profit reached US$110 million (798 million yuan), a significant improvement from the 2023 loss of US$1.16 billion; the adjusted net profit was approximately US$200 million (approximately RMB 1.45 billion), exceeding market expectations. Adjusted EBITDA reached US$780 million (5.66 billion yuan), a significant increase of 430.5%. The net inflow of operating cash flow was US$807 million (approximately RMB 5.86 billion), a year-on-year increase of 136%.
In the first two months, a total of 35 new international air cargo routes were opened nationwide
Recently, the Aviation Logistics Branch of China Federation of Logistics and Purchasing revealed that in the first two months of this year, a total of 35 new international air cargo routes were opened across the country, adding more than 73 round-trip flights every week. In terms of heading structure, Europe has the largest number of routes, reaching 19, followed by Asia, reaching 14. In terms of cargo structure, it mainly consists of cross-border e-commerce goods, fresh goods, electronic products, and auto parts.
United Arab Emirates will open a dubai-to-Shenzhen route on July 1
On March 3, United Arab Emirates officially announced that the dubai-to-Shenzhen route will open on July 1. The Dubai-Shenzhen route will be operated by an upgraded Boeing 777- 300ER passenger aircraft (once a day: EK328/EK329) and will provide new luxury economy class services for the first time in the China market.
China film “Fengshen 2” landed in theaters in three West African countries such as Nigeria
Recently, China’s mythical film “Fengshen Part 2: The War of War in the West” was released simultaneously in multiple theaters in Nigeria, Ghana and Liberia in West Africa. This is also the first time that a domestic film has appeared in mainstream commercial theaters in West Africa.
Industry Views Express
In the first two months of this year, my country’s goods trade started generally smoothly
According to customs statistics, in the first two months of 2025, the total import and export value of my country’s goods trade (the same below) was 6.54 trillion yuan, a year-on-year decrease of 1.2%(compared with the same period last year, the first two months of this year were less 2 working days, excluding the impact of incomparable factors, imports and exports increased by 1.7%). Among them, exports were 3.88 trillion yuan, an increase of 3.4%; imports were 2.66 trillion yuan, a decrease of 7.3%.
In the first two months, ASEAN was my largest trading partner. The total trade value between me and ASEAN was 1.03 trillion yuan, an increase of 4%, accounting for 15.8% of my total foreign trade value. The EU is my second largest trading partner. The total trade value between me and the EU is 833.34 billion yuan, a decrease of 0.2%, accounting for 12.7%. The United States is my third largest trading partner. The total trade value between me and the United States is 733.67 billion yuan, an increase of 3.5%, accounting for 11.2%.
China will be the EU’s largest source of imports in 2024
Data released by Eurostat on March 4 showed that in 2024, China will be the EU’s largest source of imports (accounting for 21.3% of total imports from outside the EU) and the third largest export market (accounting for 8.3% of total exports from outside the EU).
In 2024, the EU’s export trade volume to China will be 213.3 billion euros, and the import trade volume will be 517.8 billion euros, with a deficit of 304.5 billion euros. Among the products imported by the EU from China in 2024, motors, electrical appliances and electrical parts (worth 96.8 billion euros) ranked first; followed by telecommunications and audio equipment (worth 60.9 billion euros) and office machines and data processing machines, such as personal computers, servers, etc.(worth 45.9 billion euros).
