Group 1 - The core viewpoint of the article revolves around the recent developments concerning Nvidia's H20 chip production and the implications of China's stance on the use of this chip by domestic companies [1] - Nvidia has reportedly requested its suppliers to halt production related to the H20 chip, indicating potential disruptions in the supply chain [1] - The Chinese Foreign Ministry spokesperson emphasized the importance of maintaining a stable and smooth global supply chain, suggesting that all parties should work together [1]

Core Insights - The United Nations Conference on Trade and Development (UNCTAD) reported that global trade is expected to grow by $300 billion in the first half of the year, but faces increasing resistance in the second half due to uncertainties in U.S. trade policies and global geopolitical tensions [1] Trade Growth Analysis - Global trade grew approximately 1.5% in the first quarter, with an expected growth of 2% in the second quarter [1] - Price increases are the main driver of the growth in global trade value, while trade volume only increased by 1% [1] - Service trade remains the primary driver of global trade growth, with a 9% increase over the past four quarters [1] Trade Imbalance Concerns - The report indicates a worsening global trade imbalance, with the U.S. trade deficit continuing to expand over the past four quarters [1] - The recent U.S. tariff measures have heightened the risk of trade fragmentation, and potential further unilateral actions by the U.S. could escalate trade tensions and disrupt global supply chain stability [1]

Group 1 - The China-South Asia Expo promotes economic, trade, and investment cooperation, providing long-term development opportunities for South Asian countries [1] - Pakistan's dairy industry can benefit from China's advancements in technology, logistics, and e-commerce, enhancing links to global value chains [1] - The Expo serves as a vital pathway for Pakistani enterprises to enter China's dynamic consumer market, supported by China's policies encouraging the import of quality goods and services [1] Group 2 - Collaboration in cold chain logistics, feed technology, automation, and processing equipment between Pakistan and China can significantly improve production efficiency and quality standards in the dairy sector [1] - Yunnan's unique geographical advantages position it as an important hub connecting China and South Asia, facilitating innovation, cooperation, and sustainable growth [1] - China's commitment to maintaining free and open trade acts as a stabilizing force in regional economies amid rising global trade protectionism and economic uncertainty [1]

Group 1 - The stability of global supply chains is crucial for national competitiveness and strategic security, with current challenges including extreme weather, geopolitical conflicts, and public health events increasing the risk of trade disruptions [1] - The rise of unilateralism and trade protectionism is exacerbating global trade frictions, leading some countries to attempt to create closed supply chain "circles," which disrupts global supply chain order [1] - The application of digital technologies in supply chains has introduced risks such as digital security issues, digital barriers, and information asymmetry, complicating efficient collaboration between upstream and downstream entities [1] Group 2 - Many countries are diversifying their supply chains to ensure security, which raises the need for enhanced cooperation among nations in infrastructure, regulatory frameworks, and digital platforms [2] - Strengthening infrastructure connectivity is essential for global supply chain operations, requiring the construction of comprehensive logistics networks that facilitate the free flow of goods, information, and resources [2] - There is a need for increased investment in new infrastructure, such as e-commerce platforms and cross-border payment systems, to lower search costs and enhance global supply chain cooperation [3] Group 3 - Aligning rules and standards among countries is necessary to reduce supply chain costs and improve efficiency, requiring coordination of technical specifications and industry standards [3] - Active participation in multilateral cooperation mechanisms and high-standard regional trade agreements is vital for maintaining supply chain stability and establishing a predictable framework for cooperation [4] - Establishing a cross-border information sharing mechanism and unified supply chain standards can enhance international standardization levels and facilitate better supply chain collaboration [4] Group 4 - The application of digital technologies is crucial for improving the stability of global supply chain cooperation, enabling smart resource allocation and risk monitoring [5] - Digital trade platforms can play a significant role in stabilizing global trade and enhancing supply chain management capabilities, helping to mitigate risks associated with external uncertainties [5] - Integrating physical goods with digital services can improve responsiveness to supply and demand changes, thereby reducing supply chain risks [5]

专家表示，供应链作为现代经济的重要形态，其稳定性关乎一国的国家竞争力与战略安全。当前和今后 一个时期，需准确把握全球供应链风险挑战，从我国实际出发，强化互联互通，维护全球供应链稳定。 专家指出，全球供应链涉及多主体、多产业、多地域、多环节，是由相互联系又独立运营的实体组成的 复杂网络，易受多方面因素影响。特别是在当前复杂的国际形势下，全球供应链面临极大不确定性，具 体表现在以下方面：极端气候、地缘冲突、公共卫生事件等导致全球重要的贸易通道中断风险加大，同 时造成需求波动和市场预期变化，进一步放大冲击效应，增加了供应链的管理复杂性和运营成本。单边 主义和贸易保护主义抬头，全球贸易摩擦加剧，部分国家企图打造封闭排他的供应链"小圈子"，强化对 全球供应链的干预，扰乱全球供应链秩序。数字技术的应用在促进供应链上下游企业紧密合作的同时， 随之产生的数字安全风险、数字壁垒、数字鸿沟、数字技术标准不统一、数据格式不兼容等问题，造成 供应链不同环节之间的信息不对称，影响了上下游的高效协同。(经济日报) ...