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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]