Group 1: China-ASEAN Trade Relations - China and ASEAN have completed negotiations for the China-ASEAN Free Trade Area 3.0, marking a significant step towards signing an upgraded protocol [1] - ASEAN remains China's largest trading partner for five consecutive years, with total trade value reaching 2.38 trillion yuan in the first four months of this year, a growth of 9.2% [1] - By 2024, the trade value between China and ASEAN is projected to reach 6.99 trillion yuan, reflecting a growth of 9.0% [1] Group 2: Investment Opportunities in ASEAN - Guangxi province is leveraging its unique geographical advantages to enhance cooperation with ASEAN, with initiatives like the "Tax Road Pass" service brand to support outbound enterprises [2] - Yuchai Machinery Co., Ltd. has successfully established its first overseas factory in Thailand, with an annual production capacity exceeding 50,000 units [2] - In 2023, China's direct investment in ASEAN reached $25.12 billion, a year-on-year increase of 34.7%, with over 7,400 direct investment enterprises established in the region [4] Group 3: Support for Exporting Enterprises - The overseas marketing center in Huzhou, established in Thailand, has signed over 140 Chinese enterprises, achieving intended order amounts exceeding $25 million [3] - The local government in Huzhou has implemented a service mechanism to assist enterprises in registration, brand building, and compliance guidance for their overseas operations [3] - The tax authority in Huzhou has processed export tax refunds totaling 140 million yuan for related enterprises this year [3] Group 4: Taxation and Regulatory Support - Guangdong Tosstar Technology Co., Ltd. has established two subsidiaries in Vietnam, with overseas revenue exceeding 600 million yuan in 2024, a growth of 19.48% [4] - The tax treaty network has expanded to cover 114 countries, including 9 out of 10 ASEAN countries, enhancing investment certainty for enterprises [4] - The tax authority in Wuhan has provided comprehensive cross-border tax services to foreign enterprises, facilitating their operations and compliance [6] Group 5: Infrastructure and Logistics Development - The Western Land-Sea New Corridor has significantly boosted trade between China and ASEAN, with import and export volumes exceeding 200 billion yuan in the first quarter of this year [8] - A cross-regional tax cooperation framework has been established among 15 provinces to support the development of the Western Land-Sea New Corridor [9] - The international land port in Huaihua has seen a 46.2% increase in train operations this year, with foreign trade reaching 3.54 billion yuan, including 830 million yuan in trade with ASEAN [10]