September 22 Global Trade News

📰Focus on international hot topics, quick overview of global developments.

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📅921st of the monthday,Vice Premier he Lifeng of the State Council held economic and trade consultations with US leaders Besente and Greer in New York, focusing on implementing previous consensus, promoting frank and in-depth exchanges on bilateral trade and investment, and dialogue on the issue of artificial intelligence. Guided by the important consensus of the two heads of state, the two sides paved the way for President Xi Jinping's visit to the United States, which is one of the most concerned events in the global economic and trade pattern.

——Xinhua News Agency

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📅921st of the monthday,The spokesperson of the Ministry of Foreign Affairs announced on September 21: At the invitation of President Trump, President Xi Jinping will pay a state visit to the United States from September 23 to 25. The exchange of visits between the heads of state of China and the United States within half a year is a milestone. During the visit, they will have an in-depth exchange of views on major issues of Sino-US relations and world peace and development, which will have a far-reaching impact on stabilizing global economic and trade expectations and promoting bilateral trade cooperation.

——Ministry of Commerce

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📅921st of the monthday,The Fifth Global Digital Trade Expo will be held in Hangzhou from September 23 to 27. Premier Li Qiang of the State Council will attend the launching ceremony and deliver a speech. With the theme of "meeting the future of AI in the future", representatives of 121 countries and regions have confirmed their attendance and raised US $0.977 billion in advance for international purchase orders.

——Ministry of Commerce

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📅921st of the monthday,The Office of the United States Trade Representative issued a notice on September 21 that a public hearing will be held on September 22 on the 301 investigation of "low pricing of innovative drugs in Germany. The U.S. accuses Germany of driving down drug prices and making U.S. patients bear excessive research and development costs, and the findings could drive trade measures against Germany, seen as a new signal of the spread of U. S.-European trade frictions to the pharmaceutical sector.

——USTR

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📅921st of the monthday,India announced on September 21 that it had completed negotiations on a free trade agreement with New Zealand, which will come into effect on October 20. All Indian exports will be granted zero tariff access to New Zealand, and bilateral trade is expected to double. This is another important trade agreement reached between India and developed economies in recent years, demonstrating its determination to accelerate its integration into the global trading system.

——Trade in India 

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📅921st of the monthday,The British government confirmed on September 21 that it has no intention of imposing tariffs on Chinese electric vehicles. Secretary of State for Commerce and Trade Reynolds believes that the tax increase will lead to China's countermeasures and hit British exports to China hard. The UK maintains a unified import tariff of 10 per cent, in sharp contrast to the EU's countervailing duty of up to 45.3 per cent on Chinese cars, and the direction of China-UK auto trade policy has aroused concern.

——AutoSpies