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。 ...

本次大会将举办开幕式、上合组织产业链供应链青岛会议、上合国家地方省州市推介会等9场主体 活动及多场配套活动，青岛市同期举办第四届中国—上海合作组织国际投资贸易博览会。与会嘉宾将分 享地方经贸合作经验，探索双向贸易投资提质增量创新方向，深化上合组织国家地方省州（市）多、双 边经贸交流，推动各方在经贸、投资、矿产资源、新能源、交通物流、装备制造、科技创新、农业技 术、电子商务、金融服务、国际承包工程项目等领域精准对接、深入洽谈、务实合作。 据介绍，2019年以来，上合示范区持续加强与上合组织国家地方间交流合作，着力建设国际物流中 心、现代贸易中心、双向投资合作中心、商旅文交流发展中心和上合组织经贸学院，聚力打造上合组织 国家面向亚太市场的"出海口"，成为推动上合组织国家地方经贸合作交流的重要平台。 近日从山东省商务厅获悉，中国—上海合作组织地方经贸合作大会将于7月17日至18日在青岛·上合 之珠国际博览中心举行。本次大会由山东省人民政府主办，山东省商务厅和青岛市人民政府承办，主题 为"共谋区域合作携手创新发展"，拟邀请约300人参会，旨在搭建山东与上合组织国家地方经贸合作交 流平台，为促进经济全球化、构建开放型的 ...

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].

Core Viewpoint - China is committed to high-level opening-up, emphasizing the importance of integrating into the global economy and promoting mutual benefits through international cooperation [1][2][3]. Group 1: Economic Globalization and Opening-Up - Economic globalization is an objective requirement for the development of social productivity and technological progress, and it is not artificially created by any individual or country [14]. - China has actively participated in global economic governance and aims to promote a fair and just international economic order [11][28]. - The past 40 years of China's economic development have demonstrated that progress comes from openness, while isolation leads to stagnation [21][22]. Group 2: Strategies for Opening-Up - China will continue to expand its market access, reduce the negative list for foreign investment, and enhance the level of openness in the service sector [19][31]. - The Belt and Road Initiative is a significant strategic measure for expanding openness and enhancing economic diplomacy [8][19]. - The country aims to create a new high-level open economic system, focusing on institutional openness and improving the business environment for foreign investors [24][37]. Group 3: International Cooperation and Trade - China supports multilateralism and aims to maintain a stable global supply chain, opposing unilateralism and protectionism [46][48]. - The country encourages cooperation with all nations willing to engage, fostering a multi-layered and diversified open cooperation framework [12][24]. - China is committed to building a high-standard free trade zone network and enhancing international economic cooperation [27][31]. Group 4: Legal and Regulatory Framework - The rule of law is essential for high-level opening-up, and China will strengthen its legal framework to protect foreign investments and ensure a transparent business environment [37][38]. - The country will actively align with high-standard international economic and trade rules, promoting a market-oriented and law-based business environment [40][41]. Group 5: Future Outlook - China views itself as a significant opportunity for global development, welcoming cooperation from all countries and emphasizing mutual respect and support [34][49]. - The nation aims to leverage its vast market potential to attract global resources and enhance the synergy between domestic and international markets [30][31].

Core Viewpoint - The article emphasizes the importance of high-level opening up to promote China's development and the world's prosperity, asserting that China's door to openness will only continue to widen [1][2]. Group 1: High-Level Opening Up - Continuous expansion of high-level opening up is essential for achieving high-quality economic development in China [2]. - The strategy includes attracting global resources through domestic circulation and enhancing the interaction between domestic and international markets [2]. - There is a focus on institutional openness, aligning with international standards, and reforming foreign trade and investment management systems to create a top-tier business environment [2]. Group 2: Foreign Investment Policies - China's policies on utilizing foreign investment remain unchanged, positioning the country as a safe and attractive destination for foreign investors [3]. - The country boasts the world's second-largest consumer market and the largest middle-income group, indicating significant investment and consumption potential [3]. - China is committed to opposing unilateralism and protectionism, advocating for true multilateralism and inclusive economic globalization [3].

Core Viewpoint - The article emphasizes the importance of high-level opening up to promote China's development and integration into the global economy, asserting that openness leads to progress while closure results in backwardness [1][2]. Group 1: Expansion of High-Level Opening Up - China must continuously expand its high-level opening up to achieve high-quality economic development, leveraging domestic circulation to attract global resources [2]. - The article advocates for steady expansion of institutional openness, aligning with international high-standard economic and trade rules, and reforming foreign trade and investment management systems [2]. - The establishment of free trade pilot zones is encouraged to foster innovative and integrated exploration, creating new high grounds for reform and opening up [2]. Group 2: Foreign Investment Policies - China's policies on utilizing foreign investment remain unchanged, positioning the country as a safe and attractive destination for foreign investors due to its large consumer market and stable political environment [3]. - The article highlights that China is recognized as one of the safest countries for investment, with a well-established legal framework for foreign investment [3]. Group 3: Global Economic Integration - The article discusses the necessity of economic globalization as a driving force for productivity and technological advancement, facilitating trade and capital flow [3]. - China opposes unilateralism and protectionism, advocating for true multilateralism and inclusive economic globalization while actively participating in global economic governance [3].

Group 1: Global Economic Overview - The global economy is facing complex challenges, including the aftermath of the pandemic, geopolitical conflicts, energy structure adjustments, and technological revolutions, leading to uncertain market conditions [1] - Inflation remains a significant issue for major economies, with the U.S. core PCE above the 2% target and the Eurozone struggling with energy price volatility and weak manufacturing [3] - The International Bank for Settlements highlights interconnected challenges such as weak potential output growth, increasing fiscal vulnerabilities, and rising credit and liquidity risks in the non-bank financial sector [3] Group 2: China's Economic Performance - In 2024, China's GDP reached 134.9 trillion yuan, growing at a rate of 5%, with primary, secondary, and tertiary industries growing at 3.5%, 5.3%, and 5% respectively [4] - The consumer market is recovering, with significant growth in tourism and sales of upgraded consumer goods like electric vehicles and smart home products, indicating the release of domestic market potential [4] - High-tech manufacturing and equipment manufacturing saw value-added growth of 8.9% and 7.7%, respectively, outpacing overall industrial value-added growth [4] Group 3: Challenges in China's Economy - The real estate market is still adjusting, with some companies facing unresolved debt risks and local government fiscal sustainability under pressure [5] - Despite global demand slowdown affecting foreign trade, exports of "new three items" (electric vehicles, lithium batteries, solar batteries) increased by 28.7%, showcasing the competitiveness of Chinese manufacturing [5] Group 4: Investment Strategies - Investors are advised to diversify asset allocation, with a noticeable structural trend in the stock market where consumer recovery and tech growth sectors alternate in leading performance [6] - The bond market remains stable under expectations of monetary policy easing, with government bonds and high-grade credit bonds still holding certain allocation value [6] - Commodity markets are experiencing volatility due to geopolitical factors and supply chain restructuring, with gold gaining appeal as a safe-haven asset [6] Group 5: Future Economic Outlook - The future of the global economy is uncertain, influenced by the Federal Reserve's interest rate decisions, the effectiveness of China's growth policies, and the resolution of the European energy crisis [7] - China aims to deepen its domestic demand strategy and promote technological innovation, contributing to high-quality development amid a complex international environment [7] - The country advocates for inclusive economic globalization and strengthens cooperation through initiatives like the Belt and Road, aiming to enhance the global economic governance system [7]