Industry news

Effective November 9, the U.S. has imposed a 100% additional tariff (i.e., doubling the original tariff rate) on certain China-manufactured port equipment, including ship-to-shore cranes, container chassis, and their components. The move aims to weaken China’s competitiveness in the maritime logistics equipment sector and directly impacts Chinese export enterprises as well as the global port equipment supply chain.

Veolia, a French transnational group focusing on the environment and resource management, is poised to leverage China's AI boom to scale up investment in innovative projects, its chief executive said, highlighting the country's rising global position as one of the most dynamic centers for green innovation.

On October 1st, 2025, the "Announcement of the State Taxation Administration on Matters Concerning the Optimization of the Advance Payment Declaration of Enterprise Income Tax" (Announcement No. 17 of 2025) came into effect.

Zhang Wenyong, the founder of Sinone Co, a major green recycling company in Tianjin, recalls vividly the dangers and pollution the waste industry generated 60 years ago.

Through the New International Land-Sea Trade Corridor, ASEAN products — from Vietnamese and Indonesian rubber, to Cambodian rice and Thai coconuts — are steadily making their way into China.

Starting September, cross-border e-commerce export enterprises that fail to complete tax refund declaration and foreign exchange collection between the next month and April 30 of the following year shall pay supplementary value-added tax (VAT). The General Administration of Customs (GAC) has canceled overseas warehouse registration, simplified document declaration, and imposed requirements for data authenticity.

At a Battery Recycling facility in Hedong district of Linyi, Shandong province, the used batteries from new energy vehicles are processed into lithium, copper and aluminum powder in just over 10 minutes. This project, initiated at the end of last year, aims to transform old batteries into valuable resources.

Recently, the Ministry of Housing and Urban-Rural Development (MOHURD) has officially approved Technical Specifications for Dry Anaerobic Digestion Equipment for Co-Processing of Sludge from Municipal Sewage Treatment Plants and Kitchen Waste as an industrial product standard for urban and rural construction, with the standard number CJ/T556-2025. This standard shall come into force on November 1, 2025.

It is reported that the United States has decided to include 407 product categories in its steel and aluminum tariff list, covering hundreds of products such as wind turbines and their components, mobile cranes, railway vehicles, furniture, compressors and pumps. The measure officially took effect on August 18.

The "Action Plan for Comprehensive Deepening Reform of the Shanghai Carbon Market (2026-2030)" (hereinafter referred to as the "Action Plan") has recently been issued. It focuses on three key initiatives – "Implementing the Initiative to Improve Quality and Efficiency of the Carbon Emissions Trading Market", "Implementing the Initiative to Guide and Incentivize Voluntary Greenhouse Gas Emission Reduction", and "Implementing the Initiative to Enhance Innovation Capacity of the Carbon Market" – and puts forward 16 key reform tasks.