Alibaba and Ant Group Establish Hong Kong Headquarters; Amazon to Report Seller Tax Information in the Weekly Overseas Report

In the midst of challenging external conditions, China's foreign trade sector has shown resilience and positive growth trends. The General Administration of Customs revealed that China's total trade volume for the first three quarters of the year reached 33.61 trillion yuan, with exports growing by 7.1% and imports experiencing a slight decrease of 0.2% year-on-year. The recent closure of the 138th China Import and Export Fair saw nearly 158,000 foreign buyers attending over the 5-day event. Guangdong, a major hub for foreign trade, reported a total trade volume of 7.02 trillion yuan for the first three quarters of the year….