Core Viewpoint - China's goods trade imports and exports increased by 2.5% year-on-year in the first five months of this year, continuing a growth trend [1] Group 1: Trade and Economic Relations - China and ASEAN have been each other's largest trading partners for five consecutive years, with trade between them showing consistent growth for nine years [5][7] - The North Bay Port, consisting of Qinzhou Port, Beihai Port, and Fangcheng Port, serves as a crucial international gateway for the western land-sea new corridor, facilitating trade with ASEAN [4][5] - The manufacturing sector accounts for over 90% of trade between China and ASEAN, with significant growth in exports of flat panel display modules, auto parts, and lithium batteries [9] Group 2: Logistics and Infrastructure - The logistics efficiency is improving, with a direct shipping route from Qinzhou Port to Haiphong Port in Vietnam set to operate regularly from December 25, 2024, reflecting rising market demand [7] - In the first quarter, imports and exports to ASEAN via rail, road, water, and air transport grew by 37%, 23.2%, 5.8%, and 16.4% respectively, indicating enhanced connectivity [13] Group 3: Agricultural Trade - ASEAN has been China's largest trading partner for agricultural products for eight consecutive years, with Guangxi serving as a key hub for Southeast Asian fruits entering China [11] - The import value of Southeast Asian fruits through Guangxi accounts for over 20% of the total fruit trade between China and ASEAN [11]

Core Points - Wang Yi, a member of the Political Bureau of the CPC Central Committee and Foreign Minister, met with Thai Foreign Minister Don Pramudwinai in Rio de Janeiro on April 28, emphasizing the importance of enhancing exchanges at all levels and in various fields between China and Thailand [1] - Both parties agreed to accelerate the construction of the China-Thailand railway and promote the early implementation of the China-Laos-Thailand connectivity development initiative [1] - The two countries will continue to carry out international cooperation on giant pandas to strengthen people-to-people ties [1] - They will leverage their roles as co-chairs of the Lancang-Mekong Cooperation to achieve more results in this framework [1] - There will be a continued focus on strengthening law enforcement and security cooperation between China, Myanmar, and Thailand to effectively combat cross-border crimes such as telecom fraud [1] - The acceleration of the construction of the China-ASEAN Free Trade Area 3.0 will be prioritized, along with a commitment to jointly uphold the multilateral trading system and promote trade liberalization and facilitation [1]