The Frontline of Going Global | The Ministry of Commerce stated that China is willing to work with the United States to continuously expand the coope

Ministry of Commerce: China is willing to work with the US to continuously expand the cooperation list

He Yongqian, the spokesperson of the Ministry of Commerce, said at a regular press conference held on May 14 that on May 13 local time, He Lifeng, the Chinese leader in China-US economic and trade talks and Vice Premier of the State Council, held economic and trade consultations with the US leader, US Treasury Secretary Bessent, in South Korea. Guided by the important consensus of the two heads of state and adhering to the principles of mutual respect, peaceful coexistence, and win-win cooperation, the two sides had candid, in-depth, and constructive exchanges on resolving economic and trade issues of mutual concern and further expanding practical cooperation. Next, China is willing to work with the US, in line with the principles of equality, respect, and mutual benefit, to continuously expand the cooperation list, reduce the problem list, and promote the healthy, stable, and sustainable development of China-US economic and trade relations. (Xinhua News Agency)

China's total imports and exports to countries participating in the Belt and Road Initiative increased by 13.5%

According to customs statistics, in the first four months of this year, China's total value of goods trade imports and exports reached 16.23 trillion yuan, a year-on-year increase of 14.9%. Among them, exports were 9.33 trillion yuan, up 11.3%; imports were 6.9 trillion yuan, up 20%. In terms of trading partners, in the first four months, the total trade value between China and ASEAN reached 2.75 trillion yuan, a year-on-year increase of 15.7%; the total trade value between China and the EU was 2.01 trillion yuan, up 13.2%. During the same period, China's total imports and exports to countries participating in the Belt and Road Initiative reached 8.28 trillion yuan, an increase of 13.5%. In terms of trade methods, in the first four months, China's general trade imports and exports were 9.82 trillion yuan, up 8.5%; processing trade imports and exports were 3.08 trillion yuan, up 21.3%; bonded logistics imports and exports were 2.81 trillion yuan, up 38.7%. (People's Daily Online)

Hainan releases the 2026 Investment Guide to help enterprises share new opportunities in the free trade port

Recently, the "2026 Hainan Free Trade Port Investment Guide" compiled by the Hainan Provincial Department of Commerce and the Hainan International Economic Development Bureau was officially released. This guide transforms the perspective of the favorable policies of the free trade port from the "policy - maker" to the "policy - beneficiary". Based on more than 200 policy documents that have been implemented, it comprehensively demonstrates the favorable policies of Hainan in special tax systems, open policy systems, etc., as well as in the industrial field, enabling enterprises to see, understand, and make use of the favorable policies of the Hainan Free Trade Port. (People's Daily Online)

India more than doubles the gold import tariff

The Indian government has decided to raise the import tariffs on gold and silver from 6% to 15%. Just a few days ago, Indian Prime Minister Narendra Modi called on the public to cut spending, especially on fuel, overseas travel, and gold, which are the main factors driving up India's import bill. Surendra Mehta, the national secretary of the India Bullion and Jewellers Association, said, "After the prime minister's statement, the tariff increase was expected." He predicted that as one of the world's largest gold - consuming countries, India's gold demand will drop by 10% as a result. (Sina Finance)

Brazil cancels the federal tax on imported goods worth $50 or less

On May 12, Brazilian President Luiz Inácio Lula da Silva signed an executive order to cancel the federal tax on imported goods worth $50 or less. According to the Brazilian government, this measure is conducive to reducing the prices of cross - border e - commerce products and benefiting low - income groups in Brazil. (Xinhua News Agency)

South Korea plans to cultivate 500 small and medium - sized enterprises with an export volume of $10 million by 2030

The Ministry of Trade, Industry and Energy of South Korea said on Tuesday that the government plans to cultivate 500 small and medium - sized enterprises with an export volume of at least $10 million by 2030. According to an official of the ministry, under the "K - export star 500" plan, the Ministry of Trade, Industry and Energy has first selected 100 South Korean enterprises with export potential. These enterprises include 43 consumer goods companies, 36 key industry companies, and 21 advanced industry companies. The ministry plans to provide each enterprise with a maximum of 560 million won in funds to help them enhance their competitiveness in the global market and promote exports. (Sina Finance)

AliHealth reaches an exclusive cooperation on journal content with the UK's BMJ Group

On May 13, AliHealth officially launched the medical AI "Hydrogen Ion" in Hangzhou and announced that Hydrogen Ion has reached an exclusive cooperation on journal content with the UK's BMJ Group. The content and multimedia resources published in the past ten years in 70 medical journals under the BMJ Group will be exclusively authorized to "Hydrogen Ion", and Hydrogen Ion has become the exclusive medical AI platform of the BMJ Group in China. Chinese doctors can directly connect to global top - level medical literature through Hydrogen Ion for evidence - based Q&A, full - text reading, and online translation to solve medical problems in the process of clinical practice and scientific research. (36Kr)

Pop Mart: The large fluctuations in international oil prices and the shipping market have affected the gross profit margin of overseas business

The management of Pop Mart said at a conference call held on May 13 that recently, the international oil prices and the shipping market have fluctuated greatly. In particular, the international shipping fuel prices have risen, and the company's first - leg ocean freight, fuel surcharges, and warehousing costs have all increased. These factors will affect the gross profit margin of overseas business. (Securities Times)

TikTok officially launches the lifestyle service brand TikTok GO in Indonesia, the US, and Japan

36Kr learned that TikTok recently announced the official launch of the lifestyle service brand TikTok GO in the US and Japan. It is understood that the number of food delivery orders of TikTok GO in Indonesia increased by more than 20 times last year, and it provided 80,000 and 360,000 travel experience services in Japan and the US respectively. (36Kr)

The overseas short - drama market has witnessed explosive growth, and AI translation services have become a necessity in the industry

In the past two years, the overseas short - drama market has witnessed explosive growth. The download volume and user scale of overseas short - drama applications have soared all the way, and Chinese enterprises have become the core players in this global short - drama craze. Public data shows that in 2025, the download volume of Chinese short - drama applications going global accounted for more than 80% of the global short - drama product download volume. Not only do the applications dominate the market, but a considerable part of the popular short - drama content overseas also comes from the translation and output of domestic finished dramas. With the full - speed expansion of short - dramas going global, the demand for large - scale and high - efficiency translation has increased sharply, and AI translation services have become a necessity in the industry. "A human translator can only translate about 10 short - dramas per month, with a cost of 1,500 to 3,000 yuan per drama; while our AI translation service can easily complete the translation of more than 1,000 short - dramas per month, with a cost of 300 to 500 yuan per drama. The efficiency has been greatly improved, and the cost has been significantly reduced." Wu Wanxuan, the vice - president of Xiaoying Technology, told reporters. (Securities Times)

In the first quarter, the export value of China's construction machinery products increased by 24.3% year - on - year

In the first quarter of this year, the internationalization pace of China's construction machinery industry continued to accelerate, the proportion of overseas business increased significantly, and the export of construction machinery products maintained rapid growth. The latest data from the China Construction Machinery Association shows that in the first quarter of this year, the export value of China's construction machinery products reached $16.066 billion, a year - on - year increase of 24.3%. In terms of export products, the export values of crawler excavators, off - highway mining dump trucks, electric forklifts and lifting platforms, loaders, concrete mixers and other products increased rapidly. (CCTV News)

The aluminum products export is strong, and the industry inventory reduction is accelerating

Institutional data shows that since late March, the overseas orders received by domestic aluminum processing plants have increased significantly. Through multiple interviews, reporters learned that the main export products of the aluminum industry are profiles. The export volume of special profiles for automobile lightweighting, aerospace, ships, and radiators has increased, and the overseas demand for aluminum for automobiles and power grids is the strongest. Many brokerage research reports believe that the export orders for aluminum products in May are more robust, and China will officially enter the stage of inventory reduction. (China Securities Journal)

This article is from the WeChat official account "Comprehensive Service Port for Zhejiang Enterprises Going Global".