The Frontline of Going Global | The State Administration for Market Regulation will promote the operation of the overseas anti-monopoly compliance se

Ministry of Foreign Affairs: China decides to extend the visa - free policy for Russia until December 31, 2027

On May 20, Foreign Ministry Spokesperson Guo Jiakun presided over a regular press conference. A CCTV reporter asked what new achievements China and Russia had made in facilitating personnel exchanges during President Putin's visit to China. Guo Jiakun said that to continuously facilitate personnel exchanges between China and Russia, China has decided to extend the visa - free policy for Russia until December 31, 2027. Russian citizens holding ordinary passports who come to China for business, tourism, visiting relatives and friends, or exchanges and visits, and transit for no more than 30 days, can enter China without a visa. (CCTV News)

State Administration for Market Regulation: Will promote the operation of the overseas anti - monopoly compliance service platform

Reporters learned from the press conference of the State Administration for Market Regulation that as private enterprises are accelerating their "going - out" pace, overseas anti - monopoly compliance has become a compulsory course for enterprises' international development. Based on its anti - monopoly function, the State Administration for Market Regulation has been continuously making efforts in guiding enterprises to deal with overseas anti - monopoly risks, helping private enterprises to develop steadily in the international market. Next, the State Administration for Market Regulation will launch a special action to improve enterprises' overseas anti - monopoly compliance capabilities, focusing on four aspects of work: First, update the guidelines. Revise the "Guidelines for Enterprises' Overseas Anti - monopoly Compliance", update overseas anti - monopoly legal systems and law - enforcement dynamics, and complete the compilation and publication of the "Brief Introduction to the Anti - monopoly Legal Systems of Countries along the Belt and Road", to improve the coverage and pertinence. Second, launch the platform. Promote the operation of the overseas anti - monopoly compliance service platform, providing one - stop services such as regulations query, case retrieval, and risk early warning. Third, conduct targeted training. Hold 6 to 8 compliance seminars, focusing on key countries and industries to deepen specialized training. Fourth, respond quickly. Continuously increase the intensity of case - by - case guidance and rights - protection support to effectively safeguard the legitimate rights and interests of private enterprises in the overseas market. (CCTV News)

Six departments issue the "Notice on Strengthening and Optimizing Exit Tax Refund Measures to Expand Inbound Consumption"

On May 18, six departments including the Ministry of Commerce, the Ministry of Finance, and the State Taxation Administration issued the "Notice on Strengthening and Optimizing Exit Tax Refund Measures to Expand Inbound Consumption". This policy is an optimization and upgrade based on the "Notice on Further Optimizing the Exit Tax Refund Policy to Expand Inbound Consumption" issued in 2025, proposing 8 specific and operable measures to make tax refunds for overseas tourists more worry - free, time - saving, and hassle - free. The tax refund procedures are more simplified. Since July 1, 2026, China has implemented random inspections on tax refund application forms with a tax refund sales amount of less than 10,000 yuan. That is to say, only overseas tourists selected in the random inspection need to have their physical goods verified by the customs, and the queuing time for verification at the port will be significantly shortened in the future. If foreign tourists lose their paper tax refund application forms and sales invoices, they don't need to worry. Starting from July 1, 2026, the customs and agencies will no longer require the provision of paper documents. (CCTV.com)

South Korea's trade data for May shows that chip exports continue to be strong

Data released by the South Korean Customs on May 21 showed that after adjusting for working - day differences, exports from May 1 to 20 increased by 52.6% year - on - year, higher than the 49.4% increase in the first 20 days of April. Calculated on an unadjusted basis, exports increased by 64.8%, imports increased by 29.3%, and the trade surplus was 11 billion US dollars. Chip exports increased by 202% year - on - year, and exports of computer - related products soared by 305.5%, indicating that the demand related to artificial intelligence continues to be strong. (Caixin)

Indonesia plans to tighten control over commodity exports

It is reported that Indonesia plans to strengthen control over the exports of commodities such as coal and palm oil. The Indonesian government is seeking to crack down on tax evasion and support the continuously weakening Indonesian rupiah exchange rate. It is reported that the Indonesian government plans to establish a new official entity to uniformly manage commodity exports to crack down on the under - reporting of export invoice amounts. This agency will be supervised by the sovereign wealth fund Danantara. (Jiemian News)

Singapore steps up its AI layout, and NVIDIA will set up a local R & D center

NVIDIA, the global AI chip giant, will set up a new R & D center in Singapore, which is also one of a series of AI - related measures announced by Singapore on May 20. This new laboratory is NVIDIA's first R & D base in Singapore and its second such R & D institution in the Asia - Pacific region. (Sina Finance)

Gaode Traffic Light Countdown announces going global and will gradually cover the world

On May 20, Gaode Traffic Light Countdown announced its expansion overseas and will gradually be launched in more countries and regions around the world. It is understood that the traffic light countdown is a product function launched by Gaode, a subsidiary of Alibaba, in May 2022. Based on AI technology, it can simulate and calculate the changes of intersection traffic lights in real - time. (36Kr)

Data center operator DayOne is considering dual listing in Singapore and the United States

It is reported that a person familiar with the matter said that DayOne, a global data center operator, is considering a dual initial public offering (IPO) in Singapore and the United States, but there is no specific plan for the Singapore IPO yet. Media reported earlier on Sunday that DayOne initially considered listing only in New York but has been persuaded by Singapore Stock Exchange officials to conduct a dual listing. Since the information has not been made public, the source requested anonymity. Media reported in February this year that DayOne plans to raise 5 billion US dollars through a US listing, and the company's valuation may reach 20 billion US dollars. (Sina Finance)

American fast - food chain brand Wendy's will enter the Chinese market

On May 18, it was seen on the official website of the American fast - food chain brand Wendy's that the Chinese market appeared in the Asia - Pacific region, which is the key market for its international franchising. Earlier, in its financial report for the first quarter of 2026, Wendy's said that the company had signed a franchise agreement and plans to build up to 1,000 restaurants in China in the next 10 years. Wendy's said that the partner is "a large catering operator with decades of experience in China, known for its strong hospitality and in - depth understanding of Chinese consumers." However, the name of this operator was not announced. In addition, the financial report shows that Wendy's global sales in the first quarter of 2026 decreased by 5.5% year - on - year, same - store sales in the United States decreased by 7.8%, and sales in the international market increased by 6.0%. (Jiemian News)

Strong exports of technology - manufacturing products, and public funds are deploying in high - growth sectors

Against the background of the positive export data driven by technology - manufacturing, the logic of fund managers' collective investment has also been verified. In the first four months of this year, China's exports maintained a strong growth trend. Manufacturing products related to power equipment, optical modules, and artificial intelligence (AI) became the core driving force for export growth. The continuous high - growth of the industry also explains why A - share technology funds have collectively risen sharply. As the boom - based investment in the public fund industry is increasingly linked to export data, the heavy - position stocks of funds have also focused on high - growth export sectors. The flow of ETF funds, the performance ranking of active equity funds, and the position - holding preferences of the fund industry all clearly confirm that the export theme has become the core factor affecting the performance of fund products. (Securities Times)

The total import and export value of the Yangtze River Delta region in the first four months is 6.14 trillion yuan

According to statistics from the Shanghai Customs: In the first four months of 2026, the total import and export value of the Yangtze River Delta region reached 6.14 trillion yuan, hitting a record high for the same period, with a year - on - year increase of 15.9%, accounting for 37.8% of the country's total import and export value. Among them, exports were 3.83 trillion yuan and imports were 2.31 trillion yuan, accounting for 41% and 33.5% of the country's total export and import values respectively, with year - on - year increases of 13.6% and 20.1% respectively. (People's Daily Online)

Consolidate the export advantages of telecommunications, computer, and information services, and actively develop digital industries such as semiconductors and integrated circuits

The General Office of the Guangdong Provincial Government issued the "Three - Year Action Plan for the High - quality Development of Guangdong's Service Trade (2026 - 2028)". It proposes to consolidate the export advantages of telecommunications, computer, and information services. Actively develop digital industries such as new - generation electronic information, network and communication, semiconductors and integrated circuits, and ultra - high - definition video. Strengthen support for digital technology R & D, cultivate and recognize a number of technology - advanced service enterprises, support mature industrial technologies to drive the export of standards and products, and improve international competitiveness. Build a comprehensive open - source community for artificial intelligence, and accelerate the construction of industrial innovation platforms such as an embodied intelligence training ground, an Ascend ecosystem adaptation center, and an OpenHarmony adaptation center. (36Kr)

This article is from the WeChat official account "Zhejiang Enterprises' Overseas Comprehensive Service Port", and is published with authorization from Qiantang.