Core Viewpoint - The press conference highlighted the growing trade and investment cooperation between China and South Asian countries, with a focus on the upcoming 9th China-South Asia Expo in Yunnan, aiming to enhance economic ties and showcase opportunities for collaboration [1][4]. Trade Cooperation - In 2024, trade between China and South Asian countries is expected to approach $200 billion, doubling over the past decade with an average annual growth rate of approximately 6.3% [5]. - China has consistently been the largest trading partner for countries like Pakistan and Bangladesh, with South Asian products such as Nepalese cashmere and Afghan lapis lazuli gaining popularity among Chinese consumers [5][6]. - Initiatives to improve trade structure include capacity-building projects and the establishment of working groups with Pakistan, Bangladesh, and Sri Lanka to enhance trade facilitation [5]. Investment Cooperation - Significant investment projects, such as the China-Pakistan Economic Corridor and various infrastructure developments in Sri Lanka and Nepal, are underway, contributing to regional economic growth [6]. - The Chinese government is actively promoting investment in emerging sectors like renewable energy, digital technology, and cross-border e-commerce, achieving positive results [6]. Open Cooperation - The China-Maldives Free Trade Agreement came into effect earlier this year, and negotiations for upgrading the investment agreement with Bangladesh are underway, providing institutional guarantees for trade and investment liberalization [6]. - China has granted zero-tariff treatment on 100% of products for the least developed South Asian countries, including Nepal and Afghanistan, to help them expand exports to China [6]. 9th China-South Asia Expo - The 9th China-South Asia Expo is scheduled for June 19-24, 2025, in Kunming, with a theme of "Unity and Cooperation for Development," aiming to enhance economic exchanges [4][8]. - The expo will feature a focus on green energy, modern agriculture, and healthcare, showcasing industries with significant cooperation potential with South Asian countries [9][32]. Yunnan's Role - Yunnan province is leveraging its geographical advantages to enhance cross-border trade and investment, with initiatives like the establishment of a cross-border green electricity trading platform [9][32]. - The province aims to strengthen its position as a hub for trade with South Asia and Southeast Asia, promoting infrastructure connectivity and economic collaboration [9][25]. Future Considerations - The Chinese government plans to deepen cooperation with South Asian countries by enhancing policy communication, exploring new growth areas, and expanding bilateral openness [13][14]. - The focus will be on maintaining a stable and resilient supply chain, promoting trade and investment integration, and fostering a favorable business environment [27].