Zhimeitong | International Highlights

For more information, pay attention to the public number: Zhimeitong Research Institute

[Amazon opens its own Prime logistics, third-party platforms can also be used] Amazon has launched a new service called "Use Prime Shopping" (Buy with Prime), allowing sellers to use Amazon's own Prime logistics channels to deal with non-Amazon sites on the order. This service will allow merchants to display the Amazon Prime logo on non-Amazon listings and use Amazon's own fast shipping service. Currently, this service is only available to some sellers. But Amazon plans to make the service available to more sellers in the future. On the same day, Amazon said it would launch a $1 billion venture capital program to invest in order fulfillment, logistics and supply chain.

Amazon's two moves combine to pose an even bigger threat to delivery giants like FedEx and UPS.

[Amazon Europe will add fuel surcharges] Amazon announced that from May 12, European time, Amazon UK, France, Germany, Italy and Spain will be at the current Amazon Fulfillment by Amazon (FBA) delivery fee A 4.3% fuel, raw material and inflation surcharge will be implemented on top of the per-unit rate of 2019 (the surcharge will be calculated based on the delivery fee, for example, the surcharge for UK-based sellers is £0.10 per item on average).

Recently, Amazon announced that it will open a multi-story, large-scale robotic distribution center in Ontario, California. The new facility, up to five floors with a total area of ​​up to 4.1 million square feet, is located in an industrial area and will be built by real estate firm Prologis. The facility will be one of the largest fulfillment centers Amazon has opened across the U.S. since 2019. According to reports, Amazon will invest a lot of money in the construction of the distribution center. At the beginning of 2021, rents in the industrial area were about $6.75 per square foot and have now doubled.

[Amazon Announces 37 New Renewable Energy Projects Worldwide] Amazon announced the release of 37 new renewable energy projects worldwide. Push Amazon to reach its goal of 100 percent renewable energy for global infrastructure by 2025, five years ahead of its original 2030 goal. The batch of new projects, including 3 new wind farms, 26 new solar farms, and 8 new rooftop solar installations around the world, will increase the total generation capacity of Amazon’s global renewable energy projects by nearly 30%, by 12,200 megawatts to 15,700 MW.

[Tesla says supply chain issues are still limiting electric vehicle production] According to reports, the US electric car maker Tesla’s financial report released on the 20th showed that its net profit in the first quarter increased significantly year-on-year. However, Tesla said supply chain issues are still limiting its production of electric vehicles. The financial report shows that in the first quarter of this year, Tesla’s net profit reached US$3.32 billion, a year-on-year increase of 658%; revenue reached US$18.76 billion, an increase of 81% year-on-year. The performance greatly exceeded market expectations. Despite rising prices for raw materials such as lithium, nickel and cobalt, Tesla's price hikes have boosted revenue and profits to some extent.

[Musk: Tesla will produce self-driving taxis in 2024, without steering wheels and pedals] According to reports, Elon Musk shared some details about Tesla's new Robotaxi (self-driving taxi) vehicle. The new car won't have a steering wheel or pedals, as it will be driven entirely using Tesla's Full Self-Driving (FSD) software. Musk added: "There's a lot of innovation around it, and I think those innovations are pretty exciting. It's trying to achieve the lowest cost per kilometer, and I think it's going to be a very strong product." Musk estimated, A ride in a self-driving taxi will cost less than a subsidized bus ticket. Tesla aims to achieve mass production of its purpose-built self-driving taxis by 2024.

[US media: Musk tweets veiled hints of launching a takeover offer for Twitter] According to reports, following last week's proposed $43 billion acquisition of Twitter (Twitter), Tesla CEO Musk released a statement on Tuesday evening local time. In tweets, the sentence is left blank, followed by "is the Night". There has been speculation that the tweet was a reference to Fitzgerald's novel "Tender Is the Night," suggesting that it plans to approach Twitter shareholders directly to buy their Twitter stock at a specific price for a specific period of time.

[Snap’s net loss of $1.063 billion in the first quarter expanded by 25% year-on-year] According to news, Snap, the parent company of Snapchat, the “flash after reading” communication application, today released the company’s first quarter financial report for fiscal 2022. According to the report, Snap’s revenue in the first quarter was $1.063 billion, an increase of 38% compared with the $770 million in the same period last year; the net loss was $360 million, an increase of 25% compared with the net loss of $287 million in the same period last year; Adjusted net loss under GAAP was $39.3 million, compared with adjusted net income of $2.55 million a year earlier.

[Google Play Store App Store New Deal: Start Killing Third-Party Call Recording Apps from May 11] According to reports, many brands of Android phones support the call recording function, which is also integrated into the phone application of Google Pixel phones. However, due to legal reasons in some regions, not all mobile phones support this function, but even if the mobile phone does not have this function, users can install a third-party application from an application store such as Google PlayStore to achieve this function. An upcoming Google Play policy change will kill all third-party call recording apps once and for all, though.

[Russian Moscow court fines Google 4 million rubles] According to reports, a Moscow court in Russia has imposed a fine of 4 million rubles on the US company Google (Google) because the company's YouTube website did not comply with the requirements. Remove fake video information.

[All-private space tour group delayed return to Earth due to weather, space travel extended to 16 days] Four space tourists on the all-private manned space mission Ax-1 on the International Space Station postponed their return due to weather conditions unsuitable for their return to Earth, their space travel Travel will also be extended from 10 days to 16 days. NASA has announced that the four space tourists on the all-private manned space mission Ax-1 are scheduled to leave the International Space Station at 20:35 ET on April 23 and around 13:46 on April 24 Splash down the coast of Florida. Teams will continue to monitor the weather at the splashdown site before leaving the station to ensure conditions allow the safe return of the Ax-1 mission space tourists and Dragon spacecraft.

[Report: The global semiconductor shortage may be significantly eased in the second half of this year] It is reported that the global semiconductor chip shortage may continue to ease in the second half of 2022 as the gap between supply and demand for most components narrows. The shortage of parts and components has plagued many industries for the past two years, and suppliers across the supply chain have worked hard to resolve the associated uncertainties, the report said. This supply-demand gap has been narrowing since the end of 2021, signaling an end to supply constraints across the ecosystem.

[Industry insiders: The shortage of Wi-Fi main chips in the second quarter is steadily improving] The abyss of Wi-Fi main chips out of stock is expected to usher in the dawn in the second half of 2022, becoming one of the few good news in the market recently. Relevant industry players have pointed out that with the decline in demand for some applications, there is a lot of room for wafer production capacity that was previously highly tight. Therefore, Wi-Fi chip manufacturers have accelerated product production schedules and filled the previously owed order gap as much as possible. At present, the supply situation in the second quarter is steadily improving, and the main chip manufacturers and peripheral chip manufacturers are optimistic about the second half of the year.

[U.S. 10-year breakeven inflation rate rose to a record high of 3.04%] After local time on Thursday, the $20 billion 5-year inflation-protected Treasury bond received strong demand for the tender, and the outstanding performance of inflation-protected Treasury bonds pushed up the 10-year breakeven inflation rate to a record high of 3.04%. Previously, the 30-year breakeven inflation rate also hit a new high for the year.

[U.S. Department of Transportation announces new plan worth $6.4 billion to reduce carbon emissions] On the 21st local time, the Federal Highway Administration of the U.S. Department of Transportation announced a new plan to release $6.4 billion in funding to states and localities over five years to help It reduces carbon emissions. The Department of Transportation said the new plan will help states develop carbon reduction strategies and mitigate the national climate crisis. States can use funds to expand transportation options for American families and help Americans save on gas.

[U.S. bond market: Short-term treasuries lead the decline and reflect higher interest rate premiums] U.S. Treasuries extended their overnight losses during U.S. trading, with yields on the front end of the curve rising by up to 12 basis points. The earlier losses were due to flattening out of a larger bear market in German bunds and gilts, reflecting a larger premium for the ECB and BoE and rate hikes. In the U.S. session, U.S. Treasuries fell further as futures markets continued to see big trades and Fed officials Bullard and Chairman Jerome Powell spoke. U.S. 10-year Treasury bond yields closed up about 9 basis points to 2.92%; the intraday high was 2.95%; after the 5-year inflation-protected Treasury bond received strong demand from the tender, the outstanding performance of inflation-protected bonds pushed up the 10-year profit and loss Balanced inflation hit a record high of 3.04%.

[WTTC predicts that the contribution of tourism to the global economy will return to pre-epidemic levels in 2023] The World Travel and Travel Council (WTTC) 2022 Global Summit opened with more than 1,000 representatives from the global tourism industry, including CEOs and business leaders , government ministers, tourism experts, and international media reporters. "Travel and tourism's contribution to the global economy will return to pre-pandemic levels in 2023; the industry will be the driving force behind the global economic recovery, creating nearly 126 million new jobs over the next decade," said WTTC Council President and CEO. jobs, accounting for one-third of new jobs.”

[Lagarde: ECB needs to wait for data to determine next steps] When asked about potential interest rate hikes in the euro zone, ECB President Lagarde said "it's limited to a certain day, a certain time of day" it's meaningless. "Since we're talking about relying on data, let's wait until we have data and then we'll decide," she said. She pointed to the ECB's June meeting as a moment to decide its next course of action based on new data, reiterating that the euro zone economy is not moving at the same pace as the U.S., justifying a slower response to current inflation. She also said the ECB's policy was more about normalization than tightening.

[Canadian government bond yields rose at least 6 basis points on Thursday, and the two-year Canadian bond yield hit a new high in more than 13 years] In late North American trading on April 21, Canada's 10-year benchmark bond yield rose 6.7 basis points to 2.887 %, late in the European market, Powell said that the Fed will discuss the option of raising interest rates by 50 basis points in May, and it rose to 2.945%. The last time it fell below the 3.0% integer psychological mark was on July 21, 2011. The two-year Canadian bond yield rose 6.2 basis points to 2.635%, and it rose to 2.687% at noon in North America, hitting a new intraday high since October 2, 2008; the five-year Canadian bond yield rose 7.2 basis points to 2.817 %, the European market had risen to 2.869% in late trading; the 30-year Canadian bond yield rose 6.2 basis points to 2.831%, and the European market had risen to 2.899% in late trading.

[German exports to Russia fell by nearly 60% year-on-year in March] According to data, due to the conflict between Russia and Ukraine and Western sanctions, Germany's exports to Russia shrank sharply to 1.1 billion euros in March. Compared with the same period last year, this figure has dropped by 57.5%. The chairman of the German Wholesale and Foreign Trade Association (BGA) pointed out that the conflict between Russia and Ukraine has brought enormous pressure to Germany's foreign trade.

[Russian Prime Minister: Thanks to the export quota system, the supply of mineral fertilizers in Russia has stabilized] The Russian Prime Minister said that the supply of mineral fertilizers in Russia has stabilized, which also benefits from the export quota system implemented by the government. He also said that by September 1 this year, Russia will lift weight and size restrictions on trucks carrying food and daily necessities at border crossings. For the domestic aviation industry, from April to September, the Russian government will allocate 100 billion rubles to subsidize the operation of domestic routes by airlines.

[Mexico made the first anti-dumping sunset review final ruling on China-related hot-rolled steel sheets] The Ministry of Economy of Mexico issued an announcement to make the first anti-dumping sunset review of hot-rolled steel sheets originating in or imported from Germany, China and France. It is decided to maintain the current anti-dumping duties unchanged, which will take effect from December 23, 2020 and will be valid for five years. The products involved are iron, carbon steel or alloy steel hot-rolled coils with a width greater than or equal to 600 mm, including hot-rolled steel sheets with a thickness of less than or equal to 4.75 mm and hot-rolled steel coils with a thickness greater than 4.75 mm. This case involves products under TIGIE tax numbers 7208.36.01, 7208.37.01, 7208.38.01, 7208.39.01 and 7225.30.07.

[South Korea: Plan to train 30,000 future automotive talents by 2030 and invest a budget of 22.4 billion won this year] The South Korean government will invest 22.4 billion won (approximately RMB 117 million) budget to train 2,233 future automotive talents this year. The project plan to export 30,000 future automotive professionals by 2030 has been successful.

[Samsung devolves electric vehicle battery technology to mobile phones, and battery life may be greatly improved] According to reports, Samsung SDI plans to apply the battery stacking technology used in Gen 5 electric vehicles to smartphone batteries. It is reported that this technology increases the range of electric vehicles and reduces the cost by improving energy density. Now used in smartphones and tablets with small batteries, the battery life of these devices will be greatly improved.

[Vietnam makes preliminary anti-dumping ruling on China-related welding materials] The Ministry of Industry and Trade of Vietnam issued Resolution No. /QD-BCT of April 15, 2022, making preliminary anti-dumping rulings on welding materials originating in China, Thailand and Malaysia. Temporary anti-dumping duties of 0% to 36.56% are imposed on the products involved (see Schedules 1 and 2 for details). This case involves products under Vietnam tax numbers 7217.10.10, 7217.30.19, 7229.20.00, 7229.90.20, 7229.90.99, 8311.10.10, 8311.10.90, 8311.30.91, 8311.30.99 and 8311.90.00. The measures will take effect on the 7th of the announcement and will be valid for no more than 120 days.

Zhimeitong | Logistics Highlights

For more information, pay attention to the public number: Zhimeitong Research Institute

[Orient Overseas' total revenue in the first quarter increased by 71% to US$5.16 billion] Orient Overseas announced the summary of its first quarter results. During the reporting period, OOCL's total revenue increased by 71.0% year-on-year to US$5.16 billion. During the period, the cargo volume of the Pacific route was 476,760 TEU, a year-on-year decrease of 15.4%, and the revenue was US$1.89 billion, an increase of 83.0% year-on-year; the cargo volume of the Asia/Europe route was 405,797 TEU, a year-on-year increase of 1.9%, and the revenue was US$1.53 billion, a year-on-year increase. 77.6%; the cargo volume of the Atlantic route was 102,152 TEU, a year-on-year decrease of 21.8%, and the revenue was 290 million US dollars, an increase of 89.2% year-on-year.

[The second largest coal import and export port on the Sino-Mongolian border will resume coal transportation on April 25] It is reported that the second largest coal import and export port on the Sino-Mongolian border, the Hebhulun (Ceke) port, will resume on April 25. Coal transportation will resume on Sunday (next Monday). Mysteel communicated with some importers at the port and learned that the Ceke Port Management Committee has determined that the Ceke port will be opened in the near future, but has not announced the specific opening date. Part of the acceptance work is in progress. Ceke Port has been closed since October 18, 2021 due to the epidemic, and it has been closed for more than 6 months.

[DHL (DHL) Express has opened a freight route from Shenzhen, China to Leipzig, Germany] DHL Express has opened a freight flight from Shenzhen, China to Leipzig, Germany. The route is operated by Continental Airlines, a partnership between DHL and Lufthansa Cargo, and is operated by Boeing 777 all-cargo aircraft with six flights per week. The flight takes off from the Shenzhen port of DHL Express, passes through Delhi, India, and the destination is the hub of Leipzig, Germany. It will bring more than 500 tons of shipping capacity from Shenzhen to Europe every week. DHL Express said that the Shenzhen port is an important transshipment center of DHL Express in China, and the Leipzig hub is one of the three major intercontinental hubs of DHL Express in the world. The opening of this route will better meet the cargo aviation needs of customers in Shenzhen and surrounding areas.

[Mediterranean Shipping (MSC), which has just ordered 14 ships, and another 6 LNG-powered container ships] According to reports, Mediterranean Shipping (MSC), which has just ordered 14 LNG-powered container ships at a Chinese shipyard, has recently partnered with South Korea’s Hyundai Heavy Industries Co., Ltd. Signed a contract to build 6 liquefied natural gas (LNG) powered container ships with a capacity of 7900TEU. As of April 21, 2022, MSC's total capacity is 664 ships and 4,351,960 TEU, ranking first in the world in terms of capacity.

[Japan Post suspends EMS and parcel delivery services to China from the 22nd] It is reported that due to the impact of the epidemic, Japan Post has decided to suspend EMS services, aviation services to China (except Hong Kong, Macao and Taiwan) from April 22nd. and sea parcel services. Letters sent to China will continue to be accepted as normal. The recovery time for services such as EMS has not yet been announced.

[Baltic sea freight index hits a new high in more than two weeks due to higher capesize shipping rates] The Baltic dry bulk index rose 97 points or 4.53% on Thursday to 2239 points, the highest level since April 4. The capesize index rose 273 points, or 20%, to 1,636, its highest level since April 4. Average daily earnings for capesize vessels increased by $2,266 to $13,571. The panamax index fell 40 points, or 1.3%, to 3,047. Average daily profit for Panamax vessels fell by $361 to $27,419. The Supramax index rose 50 points to 2,646.

Zhimeitong | Domestic Highlights

For more information, pay attention to the public number: Zhimeitong Research Institute

[Ministry of Commerce: The effect of RCEP's implementation on regional trade is gradually emerging] The spokesperson of the Ministry of Commerce said that according to the statistics of China Customs, in the first quarter, Chinese enterprises used the "Regional Comprehensive Economic Partnership" (RCEP) to benefit from imports of 6.7 billion yuan. 130 million yuan in import tariffs; 37.1 billion yuan in exports, and it is expected to enjoy 250 million yuan in tariff concessions from member states. The effect of RCEP's implementation on regional trade is gradually emerging.

[Ministry of Commerce: It is expected that consumption will continue to recover in the later period ] A spokesman for the Ministry of Commerce said that since the beginning of this year, China's consumer market has generally shown a recovery and development trend. The total retail sales of consumer goods in the first quarter was 10.9 trillion yuan, an increase of 3.3% year-on-year; the contribution rate of final consumption expenditure to economic growth reached 69.4%, still the first driving force of China's economic growth. Generally speaking, the fundamentals of China's long-term economic growth have not changed, and the characteristics of the consumer market with great potential and strong resilience have not changed.

[Two departments: by 2025, the industrial added value of enterprises above designated size in the industrial textile industry will increase by about 6% annually ] The Ministry of Industry and Information Technology and the National Development and Reform Commission issued the "Guiding Opinions on the High-quality Development of the Industrial Textile Industry" It is proposed that by 2025, the industrial added value of enterprises above designated size will increase by about 6% annually, and 3 to 5 enterprises will enter the first echelon of global industrial textiles. The ability of scientific and technological innovation has been significantly improved. The R&D expenditure of key enterprises in the industry accounts for 3% of the main business income, the application of recycled fibers and biomass fibers accounts for 15%, and the numerical control rate of key processes of nonwovens enterprises reaches 70%. Manufacturing and green manufacturing play a significant role in improving the quality and efficiency of the industry, and the overall competitiveness of the industry is further enhanced.

[The 2nd China IDC Industry Discovery Conference was held] The 2nd China IDC Industry Discovery Conference in 2022 was held under the guidance of the Data Center Committee of China Communications Industry Association and co-hosted by China IDC Circle and 21Vianet. Chen Sheng, founder of 21Vianet, believes that the long-term evolution goal of "East and West Count" is to create a national-level "Human Intelligence Network" that connects everyone and shines, and becomes a new generation of cyberspace infrastructure that surpasses the Internet. At the meeting, 21Vianet released the Meta42 plan, focusing on the creation of Metaverse digital assets for the global ET+IT hybrid equipment, as well as the operation and trading of digital assets.

Zhimeitong | E-commerce highlights

For more information, pay attention to the public number: Zhimeitong Research Institute

[Policy Notice on eBay Extending the Protection Time Again] On April 6, the eBay platform has notified the extension of the protection time for sellers’ operations that are affected by the epidemic. Due to the recent domestic epidemic situation is still severe, eBay has decided to extend the protection time of this policy again. That is, for transactions shipped from mainland China and Hong Kong affected by the epidemic and the payment time is from April 10 (inclusive) to April 30 (inclusive) Beijing time ("epidemic impact period"), if the seller is in Beijing time 5 If you submit an order cancellation application before 23:59:59 on March 3 and the reason for transaction cancellation is “Stockout”, the platform will protect it uniformly. Bad reviews will be removed.

Last Morning Post: eBay Updates Advertising Fee Calculation; USPS Extends Delivery Time for Some First Class Packages | Cross-border E-commerce Daily

This article is edited and organized by Zhimeitong Research Institute. The pictures and information are from the Internet, and the copyright belongs to the original author. This article does not represent that this subscription number agrees with its views and is responsible for its authenticity. Unauthorized reproduction, adaptation or creation of mirror images is not allowed. If you need to reprint, please leave a message in the background to apply and obtain authorization. The content of this article is for general discussion only and does not constitute any commercial or legal advice or services. The trademarks and pictures used and quoted in this article, such as remarks, are from the Internet, and the copyright belongs to the original author and is not used for commercial purposes.