For China, the Middle East is demonstrating multiple advantages as a future core engine for exports and industrial cooperation. On the demand side, it benefits from long-term, certainty-driven growth fueled by national-level strategies, transitioning from basic infrastructure to high-end manufacturing. Geopolitically and in trade, the Middle East, with its superior location, advanced logistics, and open policies, is gradually replacing Turkey and emerging as a new trade and logistics hub connecting Asia, Africa, and Europe. Crucially, downstream processing and manufacturing clusters—represented by steel pipes, metal structures, and automotive components—are rapidly forming in the Middle East. Leveraging local low-cost energy and incentive policies, a significant agglomeration effect is taking shape. This five-dimensional combination of "stable demand, hub status, open environment, manufacturing base, and cost advantage" positions the Middle East not only as a crucial export destination for Chinese products but also as a strategic springboard for Chinese enterprises to engage in capacity cooperation, establish regional manufacturing centers, and radiate into broader global markets.

The year 2025 is about to conclude. The solid-state battery industry, from the beginning to the end of the year, has seen eagerly awaited expectations culminate in the submissions from the six major schools. The widespread enthusiasm for solid-state batteries has led to enterprises associated with this technology gaining significant capital favor, and solid-state battery stocks have risen accordingly. The industry is striving to move beyond the singular "technology-first" laboratory narrative and advance toward the journey of "mass production verification, supply chain construction, and commercial implementation." With clear policy guidance from various countries, a preliminary division of labor within the industry chain has emerged. Capital and industry giants are deeply intertwined, and the competition for dominance in next-generation battery technology has intensified.

In early to mid-December, magnesium prices came under pressure and declined. Multiple stakeholders in the main production areas entered discussions to explore solutions for the magnesium market’s challenges. As a result, the downward trend in magnesium prices was hindered, and prices exhibited range-bound fluctuations. With these concerted efforts, can the market embark on an upward cycle?

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 24 Dec , 2025

On December 19, 2025, China's Ministry of Commerce officially confirmed that it had submitted a request for consultations with the World Trade Organization (WTO) regarding India's subsidy measures for photovoltaic (PV) products and tariff measures on information and communication technology products. China stated that India's relevant measures are suspected of violating WTO rules on "national treatment" and constitute prohibited "import substitution subsidies." This marks another significant trade action following China's challenge against India's subsidy measures for electric vehicles (EVs) and cells in October 2025.