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Core Insights - The 12th China-ASEAN Expo and Business and Investment Summit will take place from September 17 to 21, 2023, in Nanning, Guangxi, focusing on digital empowerment and innovation in the context of the China-ASEAN Free Trade Area 3.0 [1] Group 1: Trade and Investment Growth - China has maintained its position as ASEAN's largest trading partner for 16 consecutive years, with ASEAN being China's largest trading partner for five years [3] - In 2024, bilateral trade between China and five ASEAN countries is expected to exceed $100 billion, with trade with Vietnam and Malaysia surpassing $200 billion [3] - From January to July 2023, trade between China and ASEAN reached $597 billion, a year-on-year increase of 8.2%, accounting for 16.7% of China's total foreign trade during the same period [3] - Cumulative bilateral investment between China and ASEAN has exceeded $450 billion, with Chinese enterprises completing engineering contracts worth $480 billion in ASEAN [3] Group 2: Technological Innovation and AI - The expo features an AI pavilion showcasing around 1,200 cutting-edge products and technologies from nearly 200 companies, including Huawei and Alibaba Cloud [2] - ASEAN countries are actively participating, with Malaysia presenting green energy applications, Brunei showcasing AI healthcare systems, and Thailand displaying achievements in "Digital Economy 4.0" [2] - The China-ASEAN Free Trade Area 3.0 negotiations have been completed, establishing a comprehensive cooperation framework for digital infrastructure and regulatory standards [2] Group 3: New Product Launches and Economic Activities - The expo includes a new pavilion for new productivity, featuring innovative products such as the world's first explosion-proof humanoid robot and an AI agricultural monitoring system [3][4] - Over 80 economic and trade activities are scheduled, including a supply chain matching conference and a roundtable on AI governance and collaborative innovation [4] Group 4: Multilateral Cooperation and Cultural Exchange - The expo serves as a key platform for regional cooperation, with products from 33 Belt and Road Initiative countries showcased alongside ASEAN goods [5] - The event has introduced AI exhibition services covering 24 scenarios, enhancing digital service capabilities [5] - Cultural exchange initiatives, such as the China-ASEAN Youth Leaders Program, are also highlighted, promoting engagement among the youth [5]