Core Viewpoint - Nvidia's CEO Jensen Huang emphasizes the uniqueness and vitality of the Chinese market, highlighting its innovation capabilities and the scale of its consumer base, which he believes is crucial for technology suppliers [3][4]. Group 1: Nvidia's Market Perspective - Huang describes China as a one-of-a-kind market with unparalleled vitality, innovation, and development momentum, stating that it is not just another market but a unique opportunity for technology suppliers [3]. - He notes that Nvidia has been in China for 30 years, long before many high-tech companies entered, and acknowledges the significant number of talented engineers and computer scientists in the country [3][4]. - Huang warns that not participating in the Chinese market could have unpredictable but likely negative long-term consequences for companies [3]. Group 2: AI Development Insights - Huang discusses the complexity of AI systems, likening them to a multi-layered cake, where Nvidia's chips form the base layer, and innovation is required at every level to drive progress [4]. - He expresses optimism about China's innovation capabilities, citing the impressive advancements made by companies like DeepMind and their ability to adapt technologies to leverage different technical characteristics [4]. Group 3: Global Supply Chain Commentary - Huang praises China's supply chain system as one of the best in the world, noting its scale, complexity, and diversity, which he considers a global marvel [4]. - He emphasizes that China not only operates its own supply chain but also develops technologies and products to assist other countries in building their supply chains, presenting a significant opportunity for global expansion [4]. - Huang asserts that complete decoupling from global supply chains is impossible due to their inherent complexity and interdependence [4]. Group 4: Collaborations and Competitions - Huang mentions his long-standing collaboration with Lei Jun of Xiaomi, highlighting joint projects in AI and autonomous driving software [5]. - He acknowledges Huawei's significant innovation and capabilities, stating that the Chinese AI market will progress regardless of Nvidia's presence, and expresses respect for Huawei as a competitor [5]. Group 5: Stock Transactions - Following Nvidia's stock price reaching a new high, Huang sold 75,000 shares valued at approximately $12.94 million as part of a pre-planned stock sale under the 10b5-1 rule, which aims to prevent insider trading [5]. - Earlier in the year, he had already disclosed a plan to sell 6 million shares, indicating a strategic approach to stock transactions [5].

Core Insights - The third China International Supply Chain Promotion Expo concluded successfully, showcasing its growth in scale, popularity, and practical outcomes compared to previous editions [1][2] - The expo has become a key platform for global supply chain collaboration and innovation, attracting significant international participation [2][4] Group 1: Event Overview - The expo featured 1,200 participating companies and institutions, with over 210,000 attendees, marking a 5% increase from the previous year [2] - There were 24,000 precise matches between exhibitors and professional visitors, quadrupling the previous year's figures [2] - A total of 6,000 cooperation agreements and intentions were signed during the event [2] Group 2: Global Supply Chain Trends - The Global Supply Chain Promotion Report and the Global Supply Chain Index Matrix were released, highlighting the focus on supply chain stability and resilience amid global economic adjustments [2][3] - The Promotion Index within the Global Supply Chain Index Matrix increased from 1 to 2.71, indicating strong momentum for global supply chain cooperation [3] Group 3: International Participation - The proportion of foreign exhibitors rose from 32% to 35%, with notable participation from major multinational companies [4] - The number of participating countries increased from 55 to 75, with U.S. companies leading in foreign participation, showing a 15% growth [4] Group 4: Innovation and Technology - The expo emphasized innovation, featuring a dedicated Innovation Chain Zone and the "Chain Expo New Products" section, showcasing cutting-edge advancements across various sectors [6][7] - Companies like Bettery introduced groundbreaking products, such as a new long-lasting battery material, highlighting the role of innovation in the supply chain [7] Group 5: Future Collaboration - The event fostered discussions on enhancing cooperation between South African producers and Chinese buyers, emphasizing the potential for joint development [5] - Participants expressed appreciation for China's comprehensive supply chain system, recognizing its critical role in global supply chain connectivity [7][8]

智通财经7月21日电，据央视新闻，《面对面》专访美国英伟达公司创始人兼首席执行官黄仁勋，谈到 全球供应链时他表示，中国供应链体系全球数一数二，堪称世界级的奇迹。黄仁勋表示，中国运营着全 球数一数二的供应链体系，它的规模、复杂性、多样性，制造商的产品类型、技术含量，参与建设中国 供应链的企业数量，都堪称世界级的奇迹。中国还为全球其他供应链提供设备、控制系统和零部件，所 以说中国不仅自己做供应链，还研发技术和产品帮别人做供应链。因为全球供应链正日益多元化，甚至 可以说正变得越来越冗余，这其实给中国带来巨大的机会，把自己的供应链制造技术推广到全球，因为 世界各地都在新建供应链和生产线。但有一点不会改变，无论发生什么，全球供应链根本不存在彻底脱 钩的可能性。整个体系太复杂了，永远都会相互关联，这种关联也是大家需要的，这正是供应链最妙的 地方。 黄仁勋：中国供应链体系全球数一数二 堪称世界级的奇迹 ...

Core Viewpoint - Linyi is actively promoting its strengths and strategic positioning in the global supply chain through a series of investment attraction events and participation in the China International Supply Chain Promotion Expo, showcasing its robust economic and logistical capabilities [1][3][11] Group 1: Economic and Logistical Strengths - Linyi has a population of 12 million and an area of 17,200 square kilometers, with a trade logistics scale reaching trillions, establishing trade networks with 216 countries and regions [1] - The city has an economic volume of 655.6 billion yuan, highlighting its significant market potential and logistical infrastructure [1] - Linyi is home to 4,903 industrial enterprises with a total output value of 868.8 billion yuan, focusing on 13 key industrial chains including high-end engineering equipment and new energy [4][6] Group 2: Strategic Initiatives and Collaborations - The city is leveraging a unique "full-domain investigation - precise selection - demand matching" exhibition mechanism to enhance its participation in the supply chain [4] - Linyi's government and enterprises are collaborating closely to expand their global market presence, with initiatives like the "2025 Linyi Mall Transformation and Upgrade Support Policy" allocating 80 million yuan for various support measures [6][7] - The city has facilitated 705 enterprises to participate in international exhibitions across 22 countries in the first five months of the year, establishing 59 overseas malls and warehouses [7] Group 3: Industry Upgrades and Innovations - Linyi is transitioning from traditional manufacturing to precision manufacturing, with companies like YaoLing Times showcasing innovative technologies in the renewable energy sector [4] - The agricultural sector is also making strides, with Linyi's agricultural enterprises engaging with global industry leaders to enhance their supply chain capabilities [9][10] - The Linyi Mall Holding Group is exploring partnerships in international logistics, foreign trade, and digital platform development to drive its supply chain digitalization and internationalization [10] Group 4: Future Outlook and Goals - Linyi aims to enhance its international visibility and influence through the Supply Chain Promotion Expo, contributing to a replicable trade promotion model for industry upgrades [11] - The city is committed to deepening cooperation with international partners, leveraging its industrial strengths to build a comprehensive supply chain system that connects Linyi products and services globally [11]

Core Viewpoint - The global supply chain is evolving towards greater efficiency, resilience, and international cooperation despite facing significant challenges from the pandemic, geopolitical changes, and rapid technological advancements [1][2]. Group 1: Global Supply Chain Trends - The "Global Supply Chain Promotion Report" indicates a focus on inclusive development of global supply chains, with developing countries accelerating their integration into these networks [1][2]. - Key indicators such as the promotion index, connection index, and innovation index are at historical highs for 2024, driven by innovation investments and activities across the supply chain [2][3]. - The resilience index has seen a decline over the past two years, although it has slightly increased in 2024, it remains below 2021 levels, indicating ongoing challenges in supply chain resilience [2][3]. Group 2: Supply Chain Resilience - The average annual compound growth rates from 2018 to 2024 for the promotion index, connection index, and innovation index are 18.1%, 7.7%, and 13.7% respectively, while the resilience index lags at 3.4% [3]. - The resilience index's fluctuations suggest that the quality of global supply chains is unstable and vulnerable to various adverse factors [3]. - Experts emphasize the need for collaborative efforts to enhance the development environment, connectivity, and innovation capabilities of global supply chains to improve resilience [3]. Group 3: Global Cooperation Efforts - Global discussions are ongoing to enhance supply chain resilience, with a focus on understanding and building resilience in response to disruptions caused by various crises [5]. - The importance of embedding resilience into upstream systems and policies rather than retrofitting it post-crisis is highlighted, suggesting a proactive approach to trade strategies and infrastructure [5]. - Asia is emerging as a vital supply chain ecosystem, with China and ASEAN playing complementary roles, reflecting a new regional framework that balances complexity and connectivity [6]. Group 4: Trade Relationships - In 2024, trade between China and the EU is projected to reach nearly €725 billion, with China becoming the EU's largest trading partner, indicating deep interdependence [6]. - The focus on advanced manufacturing, agricultural products, life sciences, and energy underscores the desire for deeper integration between Europe and China [6]. - The globalization of supply chains is seen as an opportunity to share experiences and plans, fostering collaboration in digital transformation, green logistics, and innovation [6].

新京报贝壳财经讯 7月18日，在第三届链博会上，中国海事仲裁委员会、中国贸促会研究院联合发布 《海事仲裁护航企业参与全球供应链研究》报告（以下简称报告）。报告首次将海事仲裁与全球供应链 发展联系起来进行针对性、系统性的研究，旨在推动海事仲裁在服务全球供应链发展中发挥更大作用。 全球供应链始于海运。在全球化的浪潮中，海运作为国际贸易的基石，承载着全球90%以上的贸易量， 是连接各国经济的重要纽带。但近年来，海事领域普遍存在的航程延长、保险费率飙升、交易价格上涨 等问题，间接引发了各类国际海事争议。 对于中国海事仲裁护航企业参与全球供应链，报告建议，要重视服务保障，充分发挥海事仲裁维护全球 供应链稳定畅通作用；完善法律制度，保障我国海事仲裁高质量发展；加大政策支持，助力我国海事仲 裁竞争力提升；借鉴境外临时仲裁经验，推动我国海事仲裁制度规则创新；构建协同培养机制，大力推 进我国海事仲裁人才队伍建设；加强国际仲裁合作，积极参与全球海事仲裁治理。 编辑 姜樊 校对 赵琳 报告显示，气候变化、地缘政治紧张局势加剧、全球经济波动以及技术革新等多重因素交织影响，正深 刻改变全球海运，对全球供应链的安全运转形成挑战，给诸多链 ...

Group 1 - The core message of the news highlights the increasing reliance of American companies on China's supply chain, as evidenced by their participation in the China International Supply Chain Promotion Expo [2][3] - Nvidia's CEO Jensen Huang emphasized the importance of integrating into China's supply chain for sustainable development and announced plans to sell advanced H20 chips in the Chinese market [2] - Apple showcased its commitment to China, revealing that over 80% of its 200 major global suppliers are based in China, and it has invested over $20 billion in smart and green manufacturing in the country over the past five years [4] Group 2 - The expo saw a 15% increase in the number of American exhibitors compared to the previous year, indicating a growing interest in China's vast consumer market and supply chain ecosystem [3] - Tesla highlighted its local production capabilities, with 95% of the components for its Model 3 and Model Y vehicles sourced locally, and its Shanghai factory producing a new car approximately every 37 seconds [4] - Corning's investment in China is set to increase by $500 million this year, focusing on local production of high-end optical fibers to meet the rising demand driven by the AI era [6][7] Group 3 - Medtronic plans to launch a fully localized medical device product in China by 2024, showcasing the rapid innovation cycle achievable in the Chinese market [6][7] - American companies recognize that continuous investment in China is essential for maintaining competitive advantages and driving global innovation [7]

Core Insights - The third China International Supply Chain Promotion Expo opened in Beijing, featuring the release of the 2025 Global Supply Chain Promotion Report and four indices: Promotion Index, Connection Index, Innovation Index, and Resilience Index [1][3] Group 1: Global Supply Chain Trends - Global supply chain development is characterized by improved infrastructure connectivity, increased participation of developing countries in trade agreements, and a focus on enhancing supply chain resilience among major economies [3] - Technological innovation is playing a more significant role in driving global supply chains, while financial services are becoming more inclusive, enhancing the role of supply chain finance [3] Group 2: Index Performance - The indices are based on 2018 as the base year, with values for 2024 showing increases: Promotion Index at 2.71, Connection Index at 1.56, Innovation Index at 2.16, and Resilience Index at 1.22 [4] - From 2018 to 2024, the average annual compound growth rates for the Promotion Index, Connection Index, and Innovation Index were 18.1%, 7.7%, and 13.7% respectively, while the Resilience Index had a lower growth rate of 3.4% [4] - The Resilience Index has shown a decline for two consecutive years since 2022, indicating instability in the global supply chain's internal quality [4][5] Group 3: Interdependence of Indices - The Resilience Index only increases when the Promotion, Connection, and Innovation Indices also rise, highlighting the need for a comprehensive enhancement of the global supply chain promotion system to improve resilience [5]

Group 1 - The global supply chain is showing an overall positive development trend, with a strong push for open cooperation among countries [2] - The "Global Supply Chain Promotion Report" and the global supply chain index matrix were released, highlighting improvements in the promotion, connection, innovation, and resilience indices from 2018 to 2024, with the promotion index increasing from 1 to 2.71 [2] - The resilience index remains relatively weak, indicating that the internal quality of the global supply chain is unstable and vulnerable to various adverse factors [4] Group 2 - Open cooperation in the global supply chain is essential for companies like Qualcomm, which benefits significantly from such collaboration [2][3] - The innovation index has risen to 2.16, driven by investments in innovation across the supply chain, highlighting the increasing importance of technological advancements [7] - Companies are focusing on technology investments to enhance the "innovation chain" and improve the quality and efficiency of the global supply chain [8]

Core Insights - The demand for "green durian" is rising among major importers like China and the EU, accelerating the low-carbon transformation of Thailand's durian industry [4] - The integration of railway transport enhances the efficiency and timeliness of tropical fruit delivery from Southeast Asia to China, with significant growth in durian shipments [6] - The journey of durian from Thailand to China exemplifies a globalized supply chain transformation, emphasizing low-carbon practices, smart logistics, and consumer-driven value [8] Industry Transformation - The Thai durian industry is adopting organic farming and ecological agriculture to reduce chemical inputs in the planting phase [4] - Processing companies in Thailand are piloting projects to convert waste durian shells into biomass fuel, reducing reliance on diesel [4] - The logistics sector is utilizing a "railway + sea transport" model to minimize carbon emissions from road transport [4] Logistics Efficiency - The introduction of railway transport provides a more efficient, timely, and low-loss option for transporting tropical fruits to China [6] - As of mid-July, the total shipment of tropical fruits via the China-Laos railway reached 150,000 tons, with Thai fruits accounting for 142,000 tons, marking a 48% increase compared to the previous year [6] Supply Chain Evolution - The journey of durian illustrates a new type of industry chain network forming, characterized by low-carbon connections, railway logistics, and demand-oriented strategies [8]