Bondex was invited to participate in the three-day “2023 China’s Machinery Electronics Show in Singapore” jointly organized by the China Chamber of Commerce for Import and Export of Machinery and Electronic Products and the Singapore Chinese Chamber of Commerce. Today, the exhibition came to a successful conclusion. The conference highlighted the leading edge of Chinese enterprises in foreign investment, overseas project contracting and high-end manufacturing of mechanical and electrical products, aiming to promote trade and investment between China and RCEP countries and develop international cooperation across the entire industrial chain.
I. Import and Export Trade and ASEAN Free Trade Area Data for January-February 2023
Vice Chairman Wang Xiping and Ms. Zhong Manying, Economic and Commercial Counselor of the Chinese Embassy in Singapore
Wang Xiping, Vice Chairman of the Company, Li Qing, Vice President, and Mount Huangshan Zhong, Zhang Yujing, Zheng Chao, leaders of the Chamber of Commerce
Data released by the General Administration of Customs on March 7 showed that China's total import and export value in the first two months of this year was 6.18 trillion yuan, down 0.8% year on year. Among them, exports amounted to 3.5 trillion yuan, an increase of 0.9%, and the export scale reached a record high in the same historical period. Imports reached 2.68 trillion yuan, down 2.9%, and foreign trade as a whole got off to a steady start.
In the first two months, ASEAN was China's largest trading partner. The total trade value between China and ASEAN was 951.93 billion yuan, up 9.6% year on year, accounting for 15.4% of the total foreign trade value. Import and export to countries along the "Belt and Road" reached 2.12 trillion yuan, an increase of 10.1% year on year; The total import and export to other RCEP member countries reached 1.91 trillion yuan, an increase of 3.1% year on year.
At present, the economic and trade cooperation between China and ASEAN has entered a golden period. Even under the influence of the Covid-19, China and ASEAN have continuously strengthened cooperation, shared experience, and promoted economic recovery. ASEAN has become China's largest trading partner.
II. Bond with Bondex, Bloom in the world
The Bondex network covers more than 200 ports around the world, and has more than 80 branches and subsidiaries at home and abroad. Taking customer needs as the starting point, it provides customized services for different customers with end-to-end one-stop logistics. Deeply engaged in the industry and giving full play to its own vitality, Bondex provides customers in the electromechanical industry with global supply chain overall scheme consultation and implementation, international and domestic one-stop logistics transportation, warehousing and distribution, customs compliance consultation and practical operation, supply chain information scheme consultation and implementation, and other customized services through standardized products, customized solutions, and quality services, so as to empower customers' supply chains and help Chinese enterprises go global.
III. Successful Cases
In 2022, with the "new three products" -- electric vehicles, photovoltaic products, lithium batteries -- as the representatives of the export, China's high-tech, high-value-added, and leading green transformation products became a new export growth point. Among them, China's photovoltaic products accounted for more than 90% of the global output. In the global environment of energy conservation and carbon reduction and green development, the global demand for the photovoltaic industry market is growing very fast. Bondex is equipped with a professional photovoltaic electromechanical team to provide a series of supply chain logistics services such as ocean freight (Southeast Asia-US ocean freight FCL service), overseas warehouses (US warehouses, German warehouses), inland transportation, customs declaration service, to help customers optimize the supply chains, reduce costs and improve efficiency. At the same time, Bondex will actively implement the ESG concept and develop a green and low-carbon operation model centered on customer needs.
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