AGP Executive Report
Last update: 2 hours agoTrade: China’s exports rose 36.3% year on year in September, pushing its January–September trade surplus to $938 billion and sharpening pressure from trading partners. EU Relations: Beijing and Brussels reached a trade truce on vehicles; EU leaders are also weighing similar safeguards for Chinese machinery and chemicals. Energy Storage: China’s first 100 MW, 1,000 MWh compressed-CO₂ storage plant has connected to the grid, a major test of long-duration storage technology. Semiconductors: Memory maker CXMT plans to unveil a 4F² DRAM design this year, with mass production expected after 2027, raising the prospect of tougher competition for global chipmakers. Auto Exports: China will cut the export VAT rebate for new-energy vehicles from 13% to 9% from April 2027. Logistics: JD.com’s property arm plans a 2.5-million-square-foot logistics hub in Dubai, extending Chinese companies’ footprint in Gulf trade.
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