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Important Notice to Merchants: EU General Product Safety
time:2025-04-25
authorFastrade Cloud
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On October 14th, the "report card" of China's foreign trade for the first three quarters was released. According to customs statistics, in the first three quarters of this year, China's import and export of goods reached 3.233 trillion yuan, a year-on-year increase of 5.3%. Among them, exports amounted to 18.62 trillion yuan, an increase of 6.2%; Imports amounted to 13.71 trillion yuan, an increase of 4.1%. The total import and export value reached a new high in the first three quarters, breaking through 32 trillion yuan for the first time in history during the same period. On a quarterly basis, imports and exports in the first three quarters exceeded 10 trillion yuan, with 10.15 trillion yuan, 11 trillion yuan, and 11.17 trillion yuan respectively, which is also the first time in history for the same period.

From the perspective of business entities, the total import and export value of Chinese private enterprises in the first three quarters was 1.778 trillion yuan, a year-on-year increase of 9.4%, 4.1 percentage points higher than the national overall level, accounting for 55% of the total foreign trade value and contributing 93.8% to the overall foreign trade growth. From the perspective of export products, in the first three quarters, China's exports of mechanical and electrical products reached 11.03 trillion yuan, a year-on-year increase of 8%, accounting for 59.3% of China's total export value during the same period. Among them, the export of high-end equipment increased significantly, with a year-on-year growth of 43.4%, while the export of integrated circuits, automobiles, and household appliances increased by 22%, 22.5%, and 15.5% respectively.

Spokesperson for the General Administration of Customs of China, Lv Daliang, stated that based on the latest data released by various economies, China's overall export share in the global market is steadily increasing. Among the main export products, from furniture and household appliances to ships and containers, their market share in the global market has increased to varying degrees, and exports still have strong resilience.

The preparatory battle for Double Eleven has already begun, and the express logistics industry is facing severe challenges. Express giants such as SF Express, ZTO Express, and Shentong have been laying out in advance to cope with the expected surge in orders. Since the launch of the Double 11 shopping festival in 2009, it has become an important engine driving China's consumption growth. Last year, the transaction volume on Tmall platform exceeded 498.2 billion yuan, and the express delivery business volume exceeded 2.3 billion pieces. In preparation for Double 11, supply chain optimization has become the focus. SF Express utilizes its aviation network to increase flight frequency, China General Rules strengthens the intelligent upgrade of sorting centers, and Shentong increases investment in end of pipe delivery. Technological innovations such as drone delivery, unmanned vehicle delivery, and intelligent warehousing systems are gradually being applied to the express delivery industry, greatly improving processing efficiency and reducing labor costs. During the Double 11 period, the competition in the express delivery industry was fierce, and the competition for market share became even more intense. Consumers' high demand for service quality drives companies to continuously optimize their service experience. Express delivery companies protect consumer rights by increasing transportation capacity, optimizing routes, reducing delivery delays, and launching online tracking, one click complaints, and other services.

Today's Double 11 is not only a shopping frenzy for consumers, but also a big test for the express logistics industry. By deeply laying out the supply chain and continuously investing in technological innovation.

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