Trade Information

PetroChina's Guangxi Petrochemical has successfully launched its integrated refining and petrochemical project in Qinzhou Port. The startup marks the completion of Southwest China's largest million-tonne ethylene project.

In the first half of 2025, China’s API trade posted dual growth, with exports rising 3.8% to USD 27.93 billion, underscoring the sector’s resilience amid a complex global economy.

China and the United States achieved significant breakthroughs in trade consultations held in Kuala Lumpur, injecting fresh momentum into bilateral cooperation amid a complex global economic landscape.

China’s Ministry of Industry and Information Technology and six other agencies have launched a 2025-2026 action plan to boost the petrochemical sector, targeting an average annual industrial output growth of over 5%.

Chinese President Xi Jinping and US President Donald Trump met in Busan on October 30, marking a key step toward stabilizing China-US relations.

Over the past two years, the Guangdong Petrochemical Integration Project has driven a 4.7-fold surge in eastern Guangdong’s green petrochemical output, propelling Jieyang toward a trillion-yuan industrial cluster.

U.S. and China are set to negotiate a trade deal that could slash tariffs on certain Chinese goods by half, from 20% to 10%, as reported.

China's green hydrogen sector is developing rapidly, with production expected to exceed 3 million tonnes by 2030.

The U.S. EPA has proposed amendments to streamline the TSCA chemical risk assessment process for existing chemicals, aiming to accelerate reviews.

U.S. secures trade and critical minerals pacts with four Southeast Asian nations, tackling tariff and non-tariff barriers.

On 28 October, China and ASEAN signed the Protocol on Upgrading the China-ASEAN Free Trade Area to Version 3.0 in Kuala Lumpur, Malaysia.

China's Guangxi Petrochemical launches 1.2 MTA ethylene plant, a key national project enhancing the Western Land-Sea Corridor and boosting RCEP competitiveness.

U.S. and Vietnam finalize trade framework agreement, marking progress toward more balanced bilateral commerce.

China's major industrial firms posted a 3.2% year-on-year profit growth to 5.37 trillion yuan in the first three quarters, official data shows.

Recently, Manitoba Premier Wab Kinew wrote to Canadian Prime Minister Mark Carney urging the federal government to lift the 100% tariff imposed on Chinese electric vehicles.

China and U.S. conclude two-day high-level economic talks in Malaysia during the October 25-26 consultations, reaching basic consensus on resolving bilateral trade issues.

China Huayi Group reported a staggering 144.5% year-on-year plunge in Q3 2025 net profit, with a nine-month decline of 42.68%.

China's coal chemical sector achieves a milestone with the first operational VOCs flare gas recovery unit, now running stably at Xinjiang's Xinye Energy Chemical.

President Trump, following White House talks with Australian PM Albanese, unveiled significant new statements on U.S.-China trade on October 20.

Chittagong Port revokes berthing permits for Maersk and CMA CGM vessels, citing illegal surcharges in a sharp fee dispute.

Recently, China Minmetals launches Asia's largest fluorite mine, a 1.2 million-tonne per year project, marking the country's biggest primary fluorite base.

Colombia recalls Ambassador Daniel García-Peña following directive from President Gustavo Petro, as announced by Foreign Minister Rosa Villavicencio.

China National Petroleum Corporation's Guangxi Petrochemical 400,000-ton-per-year polypropylene facility recently achieved successful first-time startup in Guangxi Province.

China's industrial output rose 6.5% year-on-year in September, official data shows, marking a 0.64% increase from the previous month.

Recently, Trump signals openness to ease tensions, while his administration quietly relaxes key tariff policies.

Europe strategically pivots from a traditional 'chemical empire' towards technological consolidation, while China accelerates its transition from follower to keeping pace.

EU unveils comprehensive action plan to overhaul its chemical sector, a move set to significantly impact global exporters, especially from China.

China's Yunnan province aims to grow its phosphorus chemical industry to over 100 billion yuan by 2027 and 120 billion yuan by 2030, according to its official industrial roadmap.

US Treasury Secretary reveals overwhelming Senate backing for a bill empowering President Trump to levy tariffs as high as 500% on China.

President Trump imposes new tariffs on imported autos and parts, citing national security under a 1962 trade law. The administration states the move aims to protect American industry.