On January 17, 2025, CCPIT released the Global Economic and Trade Friction Index for November 2024 to the public at its regular January press conference.

Yang Fan, spokesperson of CCPIT, introduced that from the comprehensive index, the global economic and trade friction index was 97 in November, at a medium-high level, with a decline in both the same period and the year-on-year period. Global economic and trade friction measures involved in the amount of 9.7% year-on-year decline, down 6.3% from a year earlier.

From the country index, in the monitoring scope of the 20 countries (regions), Brazil, India, the United States and Mexico's global economic and trade friction index in the forefront, the United States of the global economic and trade friction measures involving the largest amount of money, has been the first for five consecutive months.

From the industry index, in the monitoring range of 13 major industries, the electronics industry global economic and trade friction index topped the list. Relevant enterprises in this industry should establish a long-term early warning and response mechanism to effectively prevent and resolve the economic and trade friction.

From the sub-index, 20 countries (regions) within the monitoring scope of a total of 26 import and export tariff measures, initiated 31 trade remedy investigations, submitted to the WTO technical barriers to trade (TBT) notification and sanitary and phytosanitary measures (SPS) notification of 96, the release of import and export restrictions on 10, issued by other restrictive measures 123. Among them, the index of other restrictive measures tops the list.

In terms of China-related economic and trade friction, the index of China-related economic and trade friction of 19 countries (regions) was 109, which was at a high level and decreased by 9 points compared with the previous month. Among them, the U.S. had the highest China-related economic and trade friction index. In the same month, the 19 countries (regions) involved in China-related economic and trade friction measures involving the amount of 6.5% year-on-year, down 13.1% from a year earlier. The China-related economic and trade friction index for the electronics, machinery and equipment, and light industry sectors was at a high level.