Core Points - The signing of the China-ASEAN Free Trade Area 3.0 upgrade protocol marks a significant step in enhancing economic cooperation and addressing global economic challenges [1][2][3] - The protocol aims to transition cooperation from "factor flow-type openness" to "institutional-type openness," introducing high-level chapters on digital economy, green economy, and supply chain connectivity [1][2] - The agreement is expected to deepen regional supply chain cooperation and release new growth potential, contributing to both regional and global economic recovery [2][3] Economic Context - China has maintained its position as ASEAN's largest trading partner for 16 consecutive years, while ASEAN has been China's largest trading partner for 5 years [1] - In the first three quarters of 2025, China's total import and export value with ASEAN reached 5.57 trillion yuan, a year-on-year increase of 9.6%, accounting for 16.6% of China's total foreign trade [2] - The protocol is seen as a response to rising protectionism and global economic uncertainties, aiming to enhance collective bargaining power and resilience in supply chains [3] Strategic Implications - The upgrade protocol is viewed as a necessary step to build a more resilient and inclusive regional economic community, addressing internal barriers such as market access restrictions and high transaction costs [3] - It represents an innovative model of South-South regional economic cooperation, emphasizing mutual benefits and sustainable development [3] - The framework established by the protocol aims to enhance the voice of developing countries in global governance and promote equitable development [3]

执行"海口—防城港"航线的"棋子湾"轮。海峡股份供图 海南日报海口5月28日讯(海南日报全媒体记者 郭萃)5月28日17时50分，随着汽笛长鸣，海峡股份"棋子 湾"轮从海口新海港缓缓开出，驶向广西防城港，标志着"海口—防城港"新航线正式启航。该航线的开通，将 有力促进琼桂两省区物流、旅游产业深度融合，为区域经济发展注入新动力。 航线直达大幅节省运输时间 新海港候船大厅内，带孩子出行的李女士紧握崭新的船票，脸上写满期待，她指着身边蹦跳的孩子笑 道，"现在可以直接开车去广西防城港，孩子们还能在船上体验'海上酒店'的乐趣。" "海口—防城港"客滚航线启航 进一步促进交通便利化，助力琼桂经贸交流 海峡股份相关负责人表示，该航线成功开辟了桂琼"陆岛客货滚装运输第二通道"，相较传统绕行陆路或 海陆联运航线，客滚直达新航线大大提升了运输便捷性，进一步助力华南、西南地区物流通道提质增效。 航线有利于强化海南与广西在贸易往来、产业转移、旅游合作等领域的深度联动，促进资本、技术、人 才等要素跨区域流动，推动形成"优势互补、互利共赢"的区域经济共同体，赋能西部陆海新通道沿线省市高 质量发展。下一步，海峡股份将持续深耕琼桂市场，拓展 ...