August 6 Global Trade News
Administrator
2026-08-06
News and Information
📰Focus on international hot topics, quick overview of global developments.
📅 85th of the monthDaytime,The European Union has proposed the largest revision of its carbon emissions trading system (ETS) in history, taking into accountgreen emission reductionwithIndustrial Survival. The plan slows down the pace of emission reduction, delays the period of free carbon quotas for enterprises, and sets up a 100 billion-level decarbonization fund to ease the pressure on carbon costs for enterprises. The move stems from the real dilemma of European industry under pressure, capacity outflows and declining competitiveness, and is a compromise between climate goals and the industrial economy. At present, the EU internal differences are significant, environmental protection groups insist on strict emission reduction, industry and some member states advocate relaxation of policy, the follow-up bill landing still has multi-party game and adjustment space.
-- People's Daily Online
📅85th of the monthDaytime,Recently, the U.S. FCC on the grounds of national security, the power inverter, advanced robot equipment into the "coverage list", restricting the entry of China-related products, continue to increase the code of China's technology and industry to suppress. The trade protection behavior of the US zero-sum game violates the trend of fair competition and economic globalization, and disrupts the global industrial chain supply chain. People's Daily said that China-US economy and trade should be expanded for mutual benefit.Collaboration ListAbandon restrictive barriers, China urges the United States to stop its wrong practices, otherwise it will resolutely counter-act.
-- People's Daily Online
📅85th of the monthDaytime,Ministry of Commerce Official Announces Launch of DomesticFirst National Security Investigation on Foreign TradeFor imported printing and copying office equipment equipped with foreign system software. This survey is carried out in accordance with the Foreign Trade Law, focusing on the verification of the impact of relevant equipment on China's national security and domestic industrial development. Follow-up relevant departments will investigate and make fair rulings in accordance with laws and regulations, and effectively safeguard national interests and the legitimate rights and interests of domestic industries.-- People's Daily Online
📅85th of the monthDaytime,The 2026 Service Trade Conference will be held in Beijing from September 9th to 13th. At present, more than 60 countries, regions and international organizations have confirmed their participation, and nearly 300 Fortune 500 and industry leading companies have participated in the conference. This year's service trade will first set up a sea service promotion roadshow area, upgrade intelligent services and negotiation support, and establish a post-exhibition tracking mechanism to accurately help the service trade cooperation landing.-- China News Network
📅85th of the monthday,Guangxi Qinzhou announced the "15th Five-Year Plan" to the sea industry development plan. Relying on the advantages of the Pinglu Canal Economic Belt and the new land and sea channel in the west, Qinzhou has expanded its port industries such as green chemical industry and new energy materials, and its GDP growth rate in the first half of the year ranked first in Guangxi. Local innovation cross-border industrial model, linkage of eastern science and technology resources, deep cultivation of the ASEAN market, while relying on artificial intelligence to expand cross-border digital and industrial cooperation.-- China News Network
📅85th of the monthDaytime,In 2026, the summer domestic inbound tourism heat is high, the port passenger flow continues to rise. In the first half of the year, the number of inbound passengers at Shanghai port increased by 22% year-on-year, and the number of departure tax refund bills soared nearly three times. The national style, cultural and creative, and specialty commodities are favored by foreign tourists. Shenzhen multi-port summer passenger flow set a new record, parent-child travel, cross-border travel demand is strong. Relying on tax rebates, payment facilitation policies,China TourContinuously drivenChina PurchaseThe vitality of inbound consumption has been fully released.-- CCTV News
📅85th of the monthDaytime,International oil prices fell sharply on the 4th, with the main contract falling more than 5% in a single day to a three-week low. The current round of oil price plunge is mainly due to the positive progress made in the US-Iran diplomatic negotiations, the significant easing of shipping tensions in the Strait of Hormuz, the rapid receding of crude oil supply concerns in the market, and the fall of the geo-risk premium, which led to a sharp dive in international oil prices.-- CCTV News
📅85th of the monthDaytime,Recently, the China Foreign Trade Center, the organizer of the Canton Fair, launched an online "cloud signing" and reached cooperation with 6 overseas cooperation agencies, including 3 new signing agencies and 3 renewal agencies. The cooperative institutions cover Germany, Brazil, Malaysia, Belarus, Nigeria, Austria and other countries, further broaden the global investment channels, deepen the docking of Chinese and foreign trade, and help build a broader platform for cross-border economic and trade cooperation.-- Xinhua
📅85th of the monthDaytime,According to data disclosed by U.S. Customs, about $100 billion in illegal tariffs have been returned, accounting for 60% of the $165 billion tariff levied by the Trump administration under the International Emergency Economic Powers Act. At present, more than $128 billion tax refund claims have been accepted. The refund stems from the U.S. Supreme Court ruling that the relevant tax authorization is invalid, and the U.S. has officially started the tax refund since April.
-- Xinhua
