“全球南方”务实合作共御风险

Core Viewpoint - China has approved 183 Brazilian coffee companies for a five-year export qualification, highlighting the deepening economic relationship between China and Brazil and showcasing China's commitment to high-level openness in international trade [1] Group 1: Market Opportunities - The Chinese market presents a significant strategic opportunity for Brazil's coffee industry, with coffee consumption in China growing at an average annual rate of approximately 20% over the past decade [1] - China's coffee industry is projected to exceed 313.3 billion yuan in 2024, reflecting an 18.1% year-on-year growth [1] - The approval of 183 Brazilian companies for export to China opens up a vast new market for Brazil's coffee sector and accelerates the shift of global coffee trade towards the East [1] Group 2: Supply and Demand Dynamics - The introduction of Brazilian coffee into China will provide consumers with a wider selection and effectively expand market supply [2] - China's domestic coffee production is unable to meet the entire demand, with a self-sufficiency rate of only 44% when excluding exports, indicating a significant supply gap [2] - The import of Brazilian coffee can meet the market's demand for high-cost performance coffee beans and stimulate the domestic industry to transition towards premium and differentiated products [2] Group 3: Bilateral Trade Relations - China remains Brazil's largest trading partner, with exports to China accounting for approximately 28% of Brazil's total export value in 2024 [2] - The upgrading of China's consumption structure and the acceleration of green transformation create new opportunities for Brazil in sectors such as food processing, green energy, and digital services [2] Group 4: Technological Collaboration - Deeper cooperation between China and Brazil is evident in the field of technological collaboration, aligning Brazil's "Accelerated Growth Plan" with China's new productivity development strategy [3] - Collaborative projects include the production of sustainable aviation fuel from sugarcane and the construction of the world's largest floating solar power plant in Brazil [3] - This model of "resource endowment complementarity + technological innovation collaboration" is pioneering a new paradigm for South-South cooperation [3] Group 5: Global Economic Outlook - The approval for Brazilian coffee exports reflects a bright future for an open world economy, with China and Brazil positioned at a historical high point in their relationship [3] - Both countries are encouraged to seize opportunities, enhance coordination, and create mutually beneficial cooperation outcomes, setting an example for solidarity and self-reliance among global South countries [3]