ICBC(SH:601398) Zhong Guo Xin Wen Wang·2025-09-19 10:54Core Insights - The ASEAN-China-Japan-Korea Supply Chain Connectivity Conference was held in Nanning, Guangxi, focusing on strengthening regional collaboration and promoting sustainable development of supply chains [1][3] Group 1: Economic Cooperation - The conference highlighted the importance of supply chain connectivity as a driving force for economic globalization and a necessity for businesses across nations [3] - As of the first eight months of 2025, trade between China and ASEAN, Japan, and Korea reached $1.1 trillion, marking a 6% year-on-year increase and accounting for 26.8% of China's total foreign trade [3] - Cumulative bilateral investment between China and ASEAN, Japan, and Korea has exceeded $700 billion [3] Group 2: Regional Challenges and Resilience - The Secretary of State for the Ministry of Commerce of Cambodia emphasized the need for enhanced resilience in supply chains to better respond to economic uncertainties and challenges [4] - The President of the Industrial and Commercial Bank of China stated that ASEAN and China-Japan-Korea form a community of shared destiny and are key players in stabilizing regional economic development [4] Group 3: Conference Activities - The conference was co-hosted by the Ministry of Commerce of China, the People's Government of Guangxi Zhuang Autonomous Region, and the Industrial and Commercial Bank of China, focusing on key industries such as advanced manufacturing, green agriculture, and digital technology [3] - A total of 66 online and offline thematic activities were organized, providing matchmaking services for over 2,000 domestic and foreign enterprises to facilitate cooperation [3]