Zhimeitong | International Highlights

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

01. North America

[International version of TikTok: still focusing on making shopping a success in the UK] The international version of TikTok will abandon plans to expand its live e-commerce business in Europe and the United States . According to reports, the international version of TikTok had planned to launch the feature in Germany, France, Italy and Spain in the first half of this year, and expand to the United States later in 2022, but due to the poor business progress in the United Kingdom and the departure of local employees The tide caused the company to abandon plans for further expansion. In response to the development of this business, the international version of Douyin (TikTok) said that the company currently has no plans to launch the shopping function in Europe, and will still only focus on making the function successful in the UK. The international version of TikTok, which launched the feature in Indonesia last year, has recently launched in Thailand, Malaysia and Vietnam.

[Vice President of Amazon China: The cross-border e-commerce "cake" is big enough to be confident in the second half of the year] How much dividends can China's cross-border e-commerce dig? "On the whole, the cake of cross-border e-commerce is big enough." Li Yanchuan, vice president of Amazon China and head of Amazon's overseas purchases in China, made the above judgment in an interview with China News Agency and other media recently. "According to the data of the Ministry of Commerce, China's cross-border e-commerce import and export has increased by nearly 10 times in five years, and the scale reached 1.92 trillion yuan last year, an increase of 18.6% year-on-year. Under such a trend, we believe that cross-border e-commerce The potential remains the same." Li Yanchuan pointed out that international logistics did face challenges in the first half of the year, but the most difficult period has now passed. In the second half of the second quarter, international logistics has been recovering steadily. "Consumers are receiving more and more packages from abroad."

[Amazon and U.S. food delivery service company Grubhub reach a partnership] Amazon and American food delivery service company Grubhub have reached a partnership to provide Amazon Prime members with free food delivery discounts. The partnership takes Amazon further into food-related services. Previously, Amazon has provided Prime members with grocery benefits through the acquisition of Whole Foods Market. Amazon's move adds value and appeal to the Prime membership subscription program.

[Jassy's 1st Anniversary as Amazon CEO: Finding the Fourth Pillar in a Bumpy Situation] Andy Jassy officially celebrated the 1st anniversary of taking over as Amazon's CEO on Tuesday, local time, but this year has been full of bumpy. A 25-year veteran of Amazon, Jassie will officially become Amazon CEO on July 25, 2021, succeeding Jeff Bezos. A few days later, the stock hit an all-time high. But its shares have fallen more than 40% since then, falling 35% in the second quarter alone, the biggest single-quarter drop since 2001.

[U.S. plans to provide long-term authorization for overseas infant milk powder manufacturers to sell in the United States] On July 6, local time, the U.S. Food and Drug Administration announced that it plans to provide long-term authorization for overseas manufacturers currently selling infant milk powder in the United States. Addressing the shortage of infant formula in the United States and promoting the diversification of the industry. The Food and Drug Administration said it will provide a new way for overseas producers to meet regulatory requirements and remain in the market for the long term, offering consumers more choice and making supplies more resilient to current and future changes. Infant formula shortage.

[BOE OLED panel officially passed Apple iPhone 14 certification] BOE received a notification from Apple about the certification of the iPhone 14 AMOLED panel. BOE will put into mass production in advance in July, and start mass shipment in September. This time the certification passed earlier than the previous date of the iPhone 12 and 13 series in that year. BOE shipped the 6.1-inch panel of the iPhone 12 in December 2020 and the iPhone 13 in October 2021. Judging from the past shipment history, it is estimated that in the year of certification, that is, in 2022, at least 5 million AMOLED panels in the direction of iPhone 14 will be shipped. The iPhone 14 series that Apple may release on September 13 will have four models, namely the iPhone 14, 14 Max (and possibly Plus), 14 Pro and 14 Max Pro. Among them, BOE will supply the 6.1-inch LTPSOLED panel of the iPhone 14 standard model.

02. EU region

[The exchange rate of the euro against the U.S. dollar fell to a nearly 20-year low] Affected by the rising risk of "stagflation" in the euro area and the strength of the U.S. dollar, the exchange rate of the euro against the U.S. dollar fell to 1:1.0265 on July 5, the lowest level in nearly 20 years. The euro has fallen more than 9 percent against the dollar so far this year, according to European Central Bank data. According to data from the Bloomberg Options Pricing Model on the 5th, the possibility of parity between the euro and the dollar by the end of the year rose to 60% from 46% a day earlier. The weakening of the euro exchange rate was mainly due to the recent slowdown in European economic growth, and the market continued to lower expectations for the European Central Bank to raise interest rates. In addition, the market's expectations for a larger rate hike by the US Federal Reserve at the end of July strengthened, leading to a strengthening of the US dollar exchange rate.

EU countries will discuss how to improve their winter contingency plans at an emergency meeting on July 26, amid growing concerns about Russia cutting off gas supplies. The European Commission is due to unveil its plans on July 20; the EU's biggest challenge this winter will be ensuring there are enough gas stocks to weather peak heating and electricity demand. The stocks also act as a buffer, allowing gas to be deployed across borders within the EU to ensure sufficient supplies are available in all member states. Industry insiders have been warning that next winter could be tougher if Moscow shuts down supplies, as the EU has limited options to import gas from elsewhere; Russia's supply cuts have affected 12 member states and prompted Germany to raise its gas risk rating Raised to the second-highest "alert" level. EU forecasts this month show that while gas stockpiles are expected to be filled to 90% on Nov. 1 as they currently stand, a Russian supply cut will bring that level below 75%.

[German media: Germany's plan to replace Gazprom fails] Germany and German Economy Minister Habeck's own plan to replace Gazprom has failed due to a lack of LNG ships. Experts told the paper that Germany will face a "serious gas crisis" in winter. Habeck's plan to replace Gazprom aims to ship LNG to Germany by sea. The Federal Network Agency intends to import 13 billion cubic meters of natural gas in the first half of 2023 to partially replace Russian gas.

[French National Railway strikes holiday tourists affected] On July 6, local time, French National Railway employees went on strike to demand an increase in wages, which will have a great impact on French tourists traveling in the summer. According to the estimates of the French National Railways, a quarter of the high-speed trains will be cancelled. Regional rail and light rail will also be severely affected. Recently, French prices have risen, residents' purchasing power has declined, and many industries have seen a wave of strikes demanding higher wages.

03. Other regions

[Thailand initiates anti-dumping mid-term review investigation on galvanized steel sheets in China] The Department of Foreign Trade of the Ministry of Commerce of Thailand issued an announcement to review the anti-dumping tax rate submitted by Shandong Ruifeng Composite Material Co., Ltd., a manufacturer in mainland China , and initiated an anti-dumping interim review investigation on galvanized steel sheets originating in China.本案涉及泰国海关编码72106111011、72106111012、72106111013、72106111021、72106111022、72106111023、72106111031、72106111032、72106111033、72106111041、72106111042、72106111043、72106111090、72106191011、72106191012、72106191013、72106191090项下的产品。 The announcement will take effect from the day after it is issued.

[UK construction activity slows to 9-month low] UK construction activity slowed sharply last month, with the smallest increase since September 2021, as concerns over the economic outlook led to some housing construction indicators since the new crown It fell into contraction territory for the first time since the beginning of the outbreak. Tim Moore, head of global economics at S&P, said a bleak business outlook in the UK and deteriorating consumer demand due to the cost of living crisis combined to dampen construction growth in June.

[India's July palm oil imports may soar to highest level in 10 months] India's July palm oil imports are expected to surge to the highest level in 10 months, traders told the media, due to a sharp correction in prices and Indonesia to allow additional exports palm oil. Traders said India's palm oil imports in July could rise to 700,000 to 800,000 tonnes.

African airlines are expected to face losses of US$4.1 billion due to rising fuel costs The African Airlines Association (AFRAA) said on the 5th that African airlines are expected to face a loss of US$4.1 billion (Shs480 billion) this year due to the sharp rise in jet fuel costs. A loss, equivalent to 23.4% of 2019 revenue. The cost of jet fuel has risen to Sh148 per litre from Sh100 in January, while the industry has yet to recover from the Covid-19 pandemic, putting pressure on airlines. In response to high fuel costs and the impact of the epidemic, many airlines have had to increase their fares, hoping to survive the winter of the aviation industry.

Zhimeitong | Logistics Highlights

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

[Container throughput of Yantian port area increased by 104.71% year-on-year in June] According to Yantian Port Group, in June, Yantian port area completed a container throughput of 1.2606 million TEUs, an increase of 104.71% year-on-year; sea-rail combined transportation completed 17,000 TEUs, a year-on-year increase An increase of 88.89%. From January to June, the total container throughput of Yantian Port was 6.921 million TEUs, a year-on-year increase of 6.71%; the total container throughput of sea-rail combined transportation was 112,500 TEUs, a year-on-year increase of 52.03%.

[UPS launches door-to-door multimodal transport service by land and rail] UPS recently stated that with the formal entry into force and implementation of the RCEP "Regional Comprehensive Economic Partnership Agreement", cross-border trade in Southeast Asia has accelerated. In order to help sellers seize these business opportunities in a timely manner and facilitate their cross-border trade development in Southeast Asia, the UPS supply chain solutions team has launched a new multimodal door-to-door service to Southeast Asia, combining rail and road transportation modes, from China to Laos, Thailand, Cambodia and other Southeast Asian countries. This service not only provides sellers with new shipping service options to help solve the problem of shipping delays caused by traffic congestion, but also allows customers to obtain faster, more stable shipping services and full visibility of shipment tracking.

[The world's third largest liner company joins hands with Chinese logistics giants to promote the digitalization and low-carbon transformation of the shipping industry] The CEO of CMA CGM China said: "We hope to use the best existing digital technology as a powerful driving force to promote the future of freight transportation. "CMA CGM Group, the world's third largest liner company, has joined hands with Cainiao Logistics, a global industrial Internet company, to provide the latter with smart container and clean energy liquefied natural gas services, and jointly move towards the digitalization and decarbonization of shipping and logistics. According to reports, in June this year, 20 smart dry cargo containers were carried on the CMA CGM TENERE LNG-powered container ship for the first time, departing from Yantian Port in China and arriving at the Port of Los Angeles in early July.

Zhimeitong | Domestic Highlights

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

[In the first half of the year, Jiangsu Province's RCEP visa export value ranked first in the country] According to the statistics of the Customs and the China Council for the Promotion of International Trade, in the first half of this year, Jiangsu Province's RCEP visa export value was 19.5 billion yuan, ranking first in the country. A total of 55,700 RCEP certificates of origin have been issued by the Customs and CCPIT, and related companies have enjoyed tariff reductions of over 150 million yuan from other RCEP member countries.

[2022 Amazon China Prime Day Membership Day Confirmed to Be Officially Launched at 23:00 on July 11th] Amazon Overseas Purchase announced that the 2022 China Prime Day Membership Day will be officially launched at 23:00 on July 11th, Beijing time. The theme of this China Prime Membership Day is "Global Cloud Travel at a Touch", and will bring Chinese consumers a "cloud" shopping experience through the dimensions of Forgame guests, travel guides, and Prime Day+ member-limited experience. Li Yanchuan, vice president of Amazon China and head of Amazon's overseas purchases in China, said: "There will be 20,000 international brands, 3 million new products, and 2 million discounts on Amazon China Prime Day in 2022." At present, Amazon's overseas purchases It has 32 million selections from Amazon, the United States, Britain, Japan and Germany, including 550,000 international brands across 35 categories. In 2021, Amazon China's overseas shopping will become the largest site for Amazon's global overseas shopping business, with sales more than nine times that of 2015, setting a new record for Amazon's overseas purchases; in 2021, the annual consumption of Chinese Prime members will double, and the membership activity will also increase. A record high for Amazon's overseas purchases.

Zhimeitong | E-commerce highlights

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

[The transaction volume of the new energy industry at Alibaba International Station increased by more than 130% in the first half of the year] "The transaction volume of the new energy industry at the International Station from January to June this year increased by more than 130% year-on-year." Dai Xianwen, Director of Industry Operations at Alibaba International Station, introduced. In addition to the favorable policies of developed countries such as Europe and the United States, the market potential of developing countries is also exploding. Delan Minghai Technology Co., Ltd., a new energy company from Shenzhen, released new products online through Alibaba International Station in June. Most of the buyers came from Pakistan, Lebanon, South Africa and other emerging markets.

[Dunhuang Online Online E-postbao Shanghai (Public + Special) – GTI Channel] Dunhuang.com issued an announcement saying that in order to provide sellers with a better logistics experience, Dunhuang Online has launched a special discount channel – E-Postal Shanghai (Public + Special) -GTI channel. This channel refers to the transportation time limit (natural day) of 15-60 days, the weight limit of Britain and Israel is 0-5kg, the weight limit of Russia is 0-3kg, and the weight limit of other countries is 0-2kg. Countries served include: Australia, Brazil, Belgium, Poland, Denmark, Germany, Russia, France, Finland, Kazakhstan, South Korea, the Netherlands, Canada, Malaysia, the United States, Mexico, Norway, Portugal, Japan, Sweden, Switzerland, Saudi Arabia, Thailand, Turkey, Ukraine, Spain, Greece, Singapore, New Zealand, Hungary, Israel, Italy, Indonesia, UK, Vietnam, etc.

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 or cited 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.