Core Viewpoint - Open and cooperative approaches are fundamental drivers for the prosperity and development of the Asia-Pacific region, as emphasized by Carlos Aquino, Director of the Asia Issues Research Center at the National University of San Marcos in Peru [1]. Group 1: APEC's Role and Impact - APEC promotes trade liberalization, investment facilitation, regional connectivity, and innovative cooperation, contributing significantly to regional economic growth, social progress, and inclusive development [1]. - According to a survey report by People's Daily, 85% of respondents recognize APEC's positive role in promoting regional economic development, social progress, and improving livelihoods, indicating that openness, inclusiveness, and mutual benefit remain the main themes in the Asia-Pacific region [1]. - APEC enhances the ability of member economies to respond to global economic uncertainties and geopolitical risks [1]. Group 2: Climate Change and Cooperation - In addressing global challenges like climate change, APEC members have formed a close cooperation network in areas such as clean energy, ecological agriculture, and low-carbon technologies, achieving mutual benefits [1]. - APEC cooperation fosters consensus and action plans among member economies in resilience of supply chains, green transformation, and digital economy development, which are crucial for the long-term prosperity of the Asia-Pacific region [1]. Group 3: China's Role in APEC - China's advocacy for openness, inclusiveness, and mutual benefit aligns closely with APEC's cooperative philosophy, providing significant support for the development of the Asia-Pacific region through high-level opening up and initiatives like the Belt and Road [1]. - China's stable economic growth and commitment to openness are vital for the development of the Asia-Pacific region, offering important support for countries like Peru in areas such as green transformation, digital economy, and infrastructure construction [1]. - The cooperation between China and Peru serves as a model for South-South cooperation within the APEC framework, with strong complementarity in trade and investment [1]. Group 4: Future Expectations - With China set to host APEC in 2026, there are high expectations for China to lead the region towards higher quality and more sustainable development, enhancing confidence and momentum for global economic growth [2].

Core Viewpoint - The construction of Hainan Free Trade Port is a significant initiative by the Chinese government to enhance high-level opening-up and promote economic globalization, aiming to establish a transparent and efficient market environment that aligns with international standards [2][7]. Group 1: High-Level Opening-Up - The 20th Central Committee of the Communist Party of China emphasizes the importance of expanding high-level opening-up as a fundamental national policy, aiming to build a new open economic system and enhance international cooperation and competition [1][2]. - Hainan is positioned as a key area for reform and opening-up, serving as a testing ground for the implementation of free trade port policies and systems [2][3]. Group 2: Institutional Innovation - Hainan focuses on institutional integrated innovation to enhance economic vitality, optimizing institutional supply and expanding the applicability of policies to reduce operational costs for businesses [3][5]. - The province has released over 20 batches of institutional innovation cases to improve regulatory services and promote efficiency [3]. Group 3: Trade Liberalization - After the implementation of customs operations, Hainan will adopt a policy characterized by "one line open, two lines controlled, and free within the island," significantly reducing tariff barriers and simplifying customs processes [4]. - The proportion of zero-tariff goods for "one line" imports will increase from 21% to 74%, facilitating smoother trade within the island [4]. Group 4: Investment Facilitation - Hainan aims to create an attractive investment environment by simplifying investment access processes and lowering entry barriers, thereby enhancing its appeal to global capital [5]. - The province will implement a negative list for foreign investment that is the shortest in the country, promoting a market-oriented and law-based business environment [5]. Group 5: Cross-Border Resource Flow - Hainan is focusing on facilitating the cross-border flow of key factors such as people, logistics, capital, and data, optimizing the allocation of domestic and international resources [6]. - Policies will be implemented to ease entry and exit for personnel, with visa exemptions for individuals from 85 countries, and tax incentives for high-end talent working in the free trade port [6]. Group 6: Long-Term Development Strategy - The construction of Hainan Free Trade Port is a long-term and complex project that requires gradual and systematic efforts, with a focus on aligning with international high-standard economic and trade rules [7]. - Future efforts will include enhancing legal frameworks, improving port management, and expanding autonomous opening-up to foster a replicable and scalable model for higher-level economic development [7].

Core Viewpoint - The exhibition "Mutual Benefit in the World: A Thousand Years of Guangdong Foreign Trade" showcases over 200 artifacts, systematically tracing the development of Guangdong's foreign trade since the Tang Dynasty, highlighting its evolution into a global trade hub [2][4]. Summary by Sections Historical Development - The exhibition is divided into four chapters: "Maritime Trade Benefits the Nation," "Merchant Ships Gather," "East-West Exchange," and "New Chapters of Tides," illustrating the historical trajectory of Guangdong's foreign trade from its institutional beginnings to its current global status [2]. - Guangdong's geographical advantages, such as its long coastline and numerous ports, have historically facilitated maritime trade, supported by local manufacturing capabilities [2][7]. - The establishment of the Maritime Trade Office during the Tang Dynasty and the subsequent development of trade regulations during the Song Dynasty laid the groundwork for Guangdong's trade system [8]. Economic Impact - Guangdong's foreign trade volume is projected to exceed 9 trillion yuan by 2024, maintaining its position as China's top trading province for 39 consecutive years [2]. - The Canton Fair, established in 1957, has seen its export transaction volume increase over 200 times since its inception, reflecting the growth of China's foreign trade [4][5]. Global Trade Network - Guangdong has played a pivotal role in China's opening-up policy, particularly in the context of the Guangdong-Hong Kong-Macao Greater Bay Area, which has become a global trade center [4][6]. - The Canton Fair serves as a platform for international economic cooperation, with participation from over 218 countries and regions, showcasing Guangdong's significant role in the global trade network [3][6]. Cultural Significance - The exhibition not only highlights historical artifacts but also aims to create a strong brand for "Guangdong Foreign Trade," contributing to the understanding of China's commitment to openness in international relations [6][7]. - Artifacts from the exhibition, such as the Tang Dynasty ivory carving, provide evidence of Guangdong's active participation in global trade as early as the Tang Dynasty [7][9].

Core Points - The establishment of the Indonesia-China Legal, Cultural, and Investment Research Center (LCIC) aims to enhance cooperation in legal and investment fields between China and Indonesia [1][2] - The center will focus on four main areas: investment policy research, cross-departmental problem-solving, legal and cultural consulting, and information services [1] - The Indonesian government emphasizes the importance of a "dual certainty" system, which includes legal certainty and obligation certainty for investors [1] Group 1 - The LCIC is designed to promote sustainable development in cross-border cooperation by integrating legal, investment, and cultural dimensions [1] - The center is expected to serve as a think tank for legal coordination and policy formulation [1] - The Chinese government will continue to support investments in Indonesia and deepen industrial chain cooperation [2] Group 2 - The Indonesian Ministry of Justice has made progress in investment facilitation through digital platforms like "AHU Online" to accelerate business registration and licensing [2] - Indonesia is focusing on downstream industries and strategic industrial park development, welcoming Chinese investments in green energy, electric vehicle batteries, and high-tech industries [2] - The Indonesian government is committed to simplifying permits, promoting downstream industries, and ensuring transparent and sustainable investment practices [2]

Market Performance - The major indices of the Pakistan Stock Exchange showed mixed performance this week, with KMI30 and KMIALL increasing by 0.33% and 0.35% respectively, while KSE100, KSE30, and KSEALL decreased by -0.59%, -0.59%, and -0.33% respectively [1] - The trading volume for KSE100 index decreased from 1.606 billion shares last week to 1.490 billion shares this week, with a weekly decline in percentage from 2.05% to -0.59% [3] Important News - Pakistan's revenue from various transportation services for the fiscal year 2024-2025 reached $981 million, a 27.9% increase from the previous fiscal year [11] - The oil sector's imports in July 2025 totaled $1.346 billion, a 6.42% increase compared to the same month last year [12] - In July 2025, Pakistan received $694.5 million in foreign loans and grants, which is only 3.5% of the annual target of $19 billion [12] - The Pakistani government is working on implementing solar solutions at Gwadar Port, with a committee formed to review the technical aspects [13] - The Ministry of Finance reported a positive economic outlook for the fiscal year 2025-2026, supported by previous fiscal year achievements and improved external and fiscal conditions [13] - The State Bank of Pakistan reported a net profit of 2.505 trillion PKR for the fiscal year 2024-2025, with total assets amounting to 26.480 trillion PKR [14] - The banking sector listed on the KSE-100 index achieved record half-year profitability in the first half of 2025, with a 19% year-on-year increase in after-tax profits [14]

Core Points - The upcoming Shanghai Cooperation Organization (SCO) summit in Tianjin from August 31 to September 1, 2025, is expected to be the largest since the organization's inception, presenting significant opportunities for regional economic cooperation [1] - The summit will see member states sign the "Tianjin Declaration" and approve the "SCO Development Strategy for the Next 10 Years," outlining a new blueprint for future development [1] Trade and Economic Cooperation - Trade between China and other SCO member states reached a historical high, with an estimated trade volume of approximately $512.4 billion in 2024, marking a 2.7% increase year-on-year and doubling since the 2018 Qingdao summit [3] - In 2023, China imported nearly $90 billion worth of oil, natural gas, and coal from SCO members, and $13.66 billion in agricultural products, with energy imports accounting for about one-fifth of total imports [3] - China exported $210 billion in electromechanical products to SCO members, representing 63% of its total exports to these countries, contributing to their industrialization and economic transformation [3] Infrastructure and Connectivity - Key infrastructure projects such as the China-Central Asia Gas Pipeline and the China-Russia Oil and Gas Pipeline are operational, enhancing connectivity [3] - The China-Russia Tongjiang Railway Bridge and Heihe Highway Bridge have been completed, and the China-Kyrgyzstan-Uzbekistan Railway is under construction [3] - The China-Europe Railway Express has operated over 110,000 trains as of June 2023, ensuring stable supply chains in the region [3] Investment and Industry Cooperation - China has established over 3,000 enterprises in other SCO member states, creating over 200,000 jobs annually [1] - The Ministry of Commerce is promoting investment and industry cooperation through strategic alignment, environmental optimization, and project implementation [5] - More than 20 cooperation documents have been signed in key areas, including infrastructure, renewable energy, and green minerals, facilitating mutual investment [5] Multilateral Trade System - The SCO member states, including China, support a multilateral trade system centered around the World Trade Organization (WTO), emphasizing the importance of maintaining a rules-based trading environment [7] - The organization has reiterated its commitment to uphold and strengthen the multilateral trade system, addressing global trade challenges and supporting open, inclusive, and sustainable supply chains [7][8] - China aims to enhance communication and cooperation with other SCO members to promote WTO reforms and ensure the system's authority and effectiveness [8]