Core Points - The China-Shanghai Cooperation Organization (SCO) Local Economic and Trade Cooperation Conference was held in Qingdao, Shandong, with nearly 300 participants discussing opportunities within the SCO framework [1][2] - The SCO Demonstration Zone has been enhancing exchanges and cooperation with local governments and enterprises of SCO member states since 2019, establishing itself as a hub for international logistics, modern trade, and investment cooperation [1][2] Group 1 - The conference aimed to deepen cooperation in key areas such as trade, investment, mineral resources, new energy, logistics, equipment manufacturing, technological innovation, agricultural technology, e-commerce, financial services, and international contracting projects [2] - The event featured thematic promotion activities and dialogue salons focusing on topics like "Silk Road E-commerce and Modern Trade Development" and "Financial Empowerment for SCO Economic Development," providing innovative paths for digital trade and financial support systems [2] - Various meetings and forums were held during the conference, including the SCO Industrial Chain Supply Chain Qingdao Meeting and the Fourth SCO International Investment and Trade Expo, aimed at enhancing practical cooperation among local entities within the SCO framework [2]

Core Viewpoint - The article emphasizes the importance of precise positioning and leveraging unique advantages for regional development, using Shandong Weifang as a case study to illustrate how local resources can be transformed into economic strengths [2][3][4]. Group 1: Regional Development Strategies - Weifang's development showcases how cultural and natural resources can be harnessed to boost tourism and local industries, such as the international kite festival and the introduction of unique culinary offerings [2][3]. - The city of Linqu in Weifang has successfully developed a robust goose industry, producing 70% of China's foie gras and 20% globally, with an annual output value exceeding 8 billion yuan [3]. - The article highlights the necessity of understanding local conditions and resources to create unique development paths, as seen in various regions across China [5][6]. Group 2: Innovation and Technology Integration - The integration of traditional culture with modern technology is crucial for attracting new consumers, as demonstrated by projects in Guizhou and Zhejiang that blend cultural heritage with innovative experiences [6][7]. - Shenzhen's engineering biotechnology innovation center exemplifies the synergy between scientific research and industrial application, enhancing the region's competitiveness in key technologies [7]. Group 3: Economic and Cultural Synergy - The article discusses how cultural resources can drive economic growth, with Weifang's kite industry generating over 2 billion yuan annually and fostering tourism through cultural events [8]. - The importance of cultural richness as a measure of happiness and a resource for regional development is emphasized, suggesting that regions should leverage their unique cultural assets for economic advantage [8][9]. Group 4: Trade and Market Expansion - Weifang's foreign trade has seen significant growth, with imports and exports reaching 153.94 billion yuan in the first five months of the year, marking a 5.1% increase from the previous year [10]. - The article highlights the importance of integrating domestic and international markets, with Weifang actively seeking cooperation in agriculture and machinery with countries like Tanzania and Colombia [10][11].

Group 1 - Economic globalization is an inevitable trend driven by the development of social productivity and technological progress, not artificially created by specific individuals or countries [1][2][3] - The essence of economic globalization is characterized by the free flow of goods, capital, information, and services globally, which enhances cooperation and mutual benefits among countries [3][4] - The historical context shows that the significant achievements in economic development and social progress over the past decades are due to the embrace of economic globalization, learning from past conflicts [2][3] Group 2 - Economic globalization is crucial for enhancing people's welfare, as it has led to the rise of global production systems, economic prosperity, and a decrease in global poverty rates [4][6] - The current global economic landscape is marked by challenges such as unilateralism and protectionism, which threaten the progress of economic globalization [5][6] - There is a need for innovation in the concepts, models, and cooperation mechanisms of economic globalization to address its negative impacts and ensure it benefits all nations [6][7] Group 3 - The direction of economic globalization should focus on inclusivity and mutual benefits, addressing the disparities caused by global resource allocation [7][8] - Open economies are essential for national progress, as evidenced by China's development trajectory, which has been significantly influenced by its openness to global markets [9][10] - China has actively participated in and supported economic globalization, contributing to global economic stability and development through various initiatives and reforms [10][11]

Group 1 - Nvidia's decision to resume sales of H20 AI chips to China is framed as a strategic move to make Chinese developers reliant on American technology, despite the chip being described as "outdated" [1][2] - The U.S. government's reversal on the H20 chip sales is seen as a correction of previous errors, allowing both U.S. and Chinese companies to benefit from market access [2][3] - The ongoing debate in the U.S. regarding the sale of H20 highlights a broader issue of contradictory narratives about China, often driven by political posturing rather than factual analysis [3] Group 2 - The third Chain Expo in Beijing showcases the growing global cooperation in emerging technologies, with a notable increase in U.S. participation, indicating long-term confidence in the Chinese market [4] - The Chain Expo's success reflects a shift towards economic globalization and free trade, contrasting with the zero-sum mindset prevalent among some U.S. politicians and media [4]

Core Insights - The overall trend of global supply chains is positive, but their resilience remains relatively weak [4][6] - China is injecting more certainty into global supply chain cooperation amid global uncertainties [2][3] Group 1: Global Supply Chain Trends - The global supply chain development is characterized by improved infrastructure connectivity, particularly in developing countries, and a rebound in maritime connectivity [2][3] - International trade rules are increasingly focused on inclusive development, with many new bilateral agreements led by developing countries [2][3] - Major economies are implementing policies to enhance their supply chain resilience, although some of these policies exhibit protectionist tendencies [2][3] Group 2: Technological and Financial Innovations - Technological innovations, such as augmented reality and generative AI, are significantly driving global supply chains towards digitalization and sustainability [3] - Financial services are becoming more inclusive, with international financial institutions supporting financing for developing countries and addressing trade financing gaps for SMEs [3] Group 3: Global Supply Chain Index Matrix - The newly released global supply chain index matrix includes four indices: Promotion Index, Connectivity Index, Innovation Index, and Resilience Index, which assess various aspects of supply chains [4][5] - The Promotion Index has increased to 2.71 from 2018 to 2024, driven by improvements in infrastructure connectivity and technological innovation [5] - The Connectivity Index has risen to 1.56, reflecting better internal connections within supply chains [5] Group 4: Recommendations for Improvement - To ensure stable global supply chains, there is a need for efficient infrastructure networks and adherence to open, inclusive bilateral rules [7] - Policies should promote mutual benefits and avoid protectionism, while fostering a vibrant environment for innovation and cross-border flow of resources [7] - Continuous tracking and improvement of global supply chain research are essential for building a secure and efficient global supply chain [7]

Core Viewpoint - The global supply chain is showing a positive development trend, with key indices indicating overall stability and growth from 2018 to 2024 [4][5]. Group 1: Global Supply Chain Indices - The Global Supply Chain Index Matrix includes four indices: Promotion Index, Connectivity Index, Innovation Index, and Resilience Index, all of which have shown an upward trend from 2018 to 2024 [4][5]. - The Promotion Index has increased to 2.71, the Connectivity Index to 1.56, the Innovation Index to 2.16, and the Resilience Index to 1.22, with 2018 set as the base year [5]. Group 2: Implications of the Indices - The results indicate that the global supply chain is moving towards greater efficiency and vitality, with economic globalization being a prevailing trend [4][5]. - Despite the positive trends, the Resilience Index remains relatively weak, indicating challenges in the safety and stability of the global supply chain [5]. Group 3: Recommendations for Improvement - Five recommendations have been proposed to enhance the global supply chain: 1. Build efficient and connected infrastructure networks to support stable operations [6]. 2. Maintain open and inclusive multilateral rules to resolve trade disputes [6]. 3. Formulate mutually beneficial supply chain policies to promote diversification [6]. 4. Create a vibrant innovation environment to facilitate the free flow of innovative elements [6]. 5. Improve inclusive and secure financial service systems to ensure safe operations [6]. Group 4: Role of China Council for the Promotion of International Trade - The China Council for the Promotion of International Trade aims to connect domestic and foreign business communities, providing a platform for cooperation and development in the global supply chain [6].

Core Viewpoint - The article emphasizes the importance of maintaining a high level of openness in China's foreign policy, advocating for continuous engagement with the global economy and opposing protectionism [4][5][7]. Group 1: Commitment to Openness - China will not close its doors to foreign investment and aims to create a more open and regulated business environment [5][6]. - The country has fulfilled its commitments since joining the WTO, enhancing its open economic framework across broader areas and deeper levels [5][7]. - The focus is on improving the quality of openness and ensuring that domestic and international markets and resources are effectively utilized [10][12]. Group 2: Global Economic Integration - Economic globalization is viewed as an objective requirement for social productivity and technological advancement, necessitating active participation in global economic governance [12][18]. - China recognizes the interconnectedness of its economy with the global market, advocating for mutual development and cooperation [12][19]. - The article highlights the need to adapt to the changing landscape of international economic cooperation and competition [10][27]. Group 3: Strategic Initiatives - The Belt and Road Initiative is identified as a significant strategy for expanding openness and enhancing economic diplomacy [10][21]. - China aims to establish a comprehensive open economic system, focusing on trade and investment liberalization and facilitation [21][29]. - The country is committed to creating a favorable international environment for development, emphasizing the importance of multilateralism and cooperation [33][56]. Group 4: Future Directions - China plans to enhance its market access and reduce the negative list for foreign investment, aiming to create a transparent and predictable policy environment [51][37]. - The country is focused on high-quality development, leveraging its large market potential to attract global resources [25][51]. - There is a commitment to maintaining a stable and secure economic environment, ensuring that foreign investments are protected and encouraged [51][54].

如何以高水平对外开放拓展中国式现代化新空间？王文涛在《求是》刊文称，要着眼推动高质量发展， 加快质量更优的开放。着眼促进深层次改革，加快标准更高的开放。着眼推进普惠包容的经济全球化， 加快引领更强的开放。着眼统筹发展和安全，加快保障更足的开放。 ...

Core Viewpoint - The China-Shanghai Cooperation Organization (SCO) Local Economic and Trade Cooperation Conference will be held in Qingdao on July 17-18, aiming to enhance regional cooperation and innovation development among SCO member states [1] Group 1: Conference Details - The conference is organized by the Shandong Provincial Government and will feature approximately 300 participants, including leaders from SCO member states and business representatives [1] - Key activities include an opening ceremony, a meeting on SCO industrial and supply chains, and promotional events for local provinces and cities [2] Group 2: Objectives and Focus Areas - The conference aims to share experiences in local economic cooperation, explore innovative directions for bilateral trade and investment, and deepen economic exchanges among SCO member states [2] - Focus areas for cooperation include trade, investment, mineral resources, new energy, logistics, equipment manufacturing, technological innovation, agricultural technology, e-commerce, financial services, and international contracting projects [2] Group 3: Development of the SCO Demonstration Zone - Since 2019, the SCO demonstration zone has strengthened exchanges and cooperation with localities in SCO member states, establishing various centers for logistics, trade, investment, and cultural exchanges [2] - The zone aims to serve as a key platform for promoting economic cooperation and exchanges among SCO member states, targeting the Asia-Pacific market [2]

Core Viewpoint - The article emphasizes the importance of high-level opening up to promote reform and development, asserting that China's development is inseparable from the world, and vice versa. The door to China's openness will only continue to widen [1][2][27]. Group 1: Expansion of High-Level Opening Up - Continuous expansion of high-level opening up is essential for achieving high-quality economic development in China. The focus is on attracting global resources through domestic circulation and enhancing the synergy between domestic and international markets [2][28]. - The article advocates for a steady expansion of institutional openness, aligning with international high-standard economic and trade rules, and creating a first-class business environment that is market-oriented, law-based, and internationalized [2][35][57]. Group 2: Foreign Investment Policies - China's policy on utilizing foreign investment remains unchanged, with the country being the second-largest consumer market globally, housing the largest middle-income group, which presents significant investment potential [3][64]. - The article highlights that China has established a relatively sound legal and regulatory framework for foreign investment, maintaining political stability and social order, making it one of the safest countries for foreign investment [3][65]. Group 3: Global Economic Integration - Economic globalization is viewed as an objective requirement for the development of social productive forces and technological progress, providing strong momentum for global economic growth [3][20]. - The article stresses the need to resist unilateralism and protectionism, advocating for true multilateralism and inclusive economic globalization, while actively participating in global economic governance [3][39][69]. Group 4: Belt and Road Initiative - The Belt and Road Initiative is highlighted as a significant strategic measure for expanding openness and economic diplomacy, aiming to create a new pattern of international cooperation and development [27][54]. - The article calls for enhancing innovation capabilities through open cooperation and forming a comprehensive open pattern that connects land and sea, as well as east and west [27][54]. Group 5: Legal Framework and Business Environment - The article emphasizes the importance of advancing high-level opening up on a legal basis, enhancing the legal framework for foreign-related activities, and protecting the legitimate rights and interests of foreign investors [57][64]. - It advocates for a transparent and predictable policy environment, with a significant reduction in the negative list for foreign investment, aiming to create a favorable business environment for foreign enterprises [64][65].