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With German exports declining, industrial giants cutting spending; French closures increasing and industrial land reducing; Swedish new energy company Northvolt cutting jobs, the European economy faces multiple challenges, including trade uncertainty, energy price volatility and the development of new energy industries.

Recent surveys show poor performance from major manufacturers in Europe and Asia last month. Eurozone PMI remains below the threshold, with contraction in Germany and France, growth in the UK, mixed performance in Asia, and weak global economic recovery momentum.

European e-commerce users grew by 1% in H1 2024; online shopping frequency increased by 4%. B2C sales reached €741 billion, cross-border market at €237 billion, driven by China-EU cooperation, with Chinese platforms as key players.

The Chinese electric vehicle manufacturer BYDs plan to build a factory in Mexico has steadily advanced. The company has narrowed the scope of the site to three states and is evaluating the incentives provided by the local government. The goal is to determine the site by the end of 2024. It is expected that the initial annual production capacity will be 150,000 vehicles, and eventually reach 400,000 to 500,000 vehicles.

According to data from the German Federal Bureau of Statistics, in the first half of 2024, German exports fell by 1.6% year-on-year, and imports fell by 6.2%. The foreign trade surplus increased significantly to 138.8 billion euros, an increase of 28.7%. The main export commodities are motor vehicles and parts, while the main source of imports is China.

In the context of the growth of global food demand, how to deal with the complex classification and testing of fertilizer imports and exports? This article discusses the types of fertilizers, the progress of testing technology, and how to optimize the classification process to promote sustainable agricultural development.