Core Viewpoint - The Chinese government is intensifying the replication and promotion of the "Shanghai experience" in free trade zones, focusing on innovative applications of digital currency and optimizing electronic payment services nationwide [1][8]. Group 1: Policy and Implementation - The State Council has issued a notification to replicate 77 pilot measures from the Shanghai Free Trade Zone, with 34 measures to be promoted to other free trade zones and 43 measures to be implemented nationwide [1][3]. - The measures focus on seven key areas, including service trade expansion, goods trade liberalization, high-standard digital trade rules, intellectual property protection, government procurement reform, border management reforms, and risk control system enhancement [3][4]. Group 2: Digital Trade and Data Management - The Shanghai Free Trade Zone has initiated extensive reforms in the digital sector, aligning with international digital trade standards and facilitating cross-border data flow, digital technology application, and data sharing [5][6]. - By 2024, Shanghai's digital trade imports and exports are projected to reach $109.53 billion, accounting for 30.1% of the national total, reflecting a year-on-year growth of 4.9% [6]. Group 3: Financial Sector Innovations - The financial sector in Shanghai has developed replicable experiences, including the optimization of cross-border fund management and the establishment of a significant number of cross-border funding pools [7][8]. - The People's Bank of China is set to enhance the functions of free trade accounts and support the development of offshore financial services, aiming to deepen financial openness and innovation in the Shanghai Free Trade Zone [8].

Group 1 - Digital trade is a crucial component of the digital economy and has become a new trend in international trade and a new growth point for the economy [1] - In 2024, China's cross-border e-commerce imports and exports are projected to reach 2.63 trillion yuan, an increase of 10.8%, with over 120,000 related enterprises in 165 cross-border e-commerce comprehensive pilot zones [1] - The development of digital trade is seen as a new frontier in international trade and a new battleground for global economic and trade rules [1] Group 2 - There is currently no unified digital trade law in China, and the rules governing digital trade are fragmented across various laws [2] - It is necessary to advance legislative work in the digital trade sector and develop a comprehensive legal framework to support high-quality development in digital product and service trade [2] - More favorable policies should be formulated to expand digital trade, enhancing coordination among fiscal, tax, and financial policies [2] Group 3 - Improving management systems and establishing a negative list management model for foreign investment in digital trade is essential to facilitate investment operations [3] - Strengthening copyright management and intellectual property protection in the digital environment is crucial for promoting orderly cross-border data flow [3] - There is a need to enhance the application of digital technology in trade and optimize the cultivation of digital trade professionals [3] Group 4 - Strengthening talent cultivation systems and increasing investment in training for digital trade-related disciplines is vital for building a high-quality digital talent pool [4] - International cooperation in digital trade is necessary to enhance China's competitive advantages in the global economic restructuring process [4] - Active participation in the formulation of international digital trade rules is required to improve China's influence in global rule-making [4] Group 5 - Deepening international cooperation in digital trade and establishing international cooperation mechanisms in the digital field is essential for optimizing the open cooperation environment [5] - Building a digital trust system and promoting the development and application of frontier technologies in digital trust is crucial for facilitating digital trade [5] - Strengthening digital security governance and enhancing international cooperation in digital security are necessary for ensuring a stable and sustainable global digital supply chain [5]

Core Viewpoint - Chengdu's foreign trade demonstrates strong resilience amid complex external environments, achieving an import and export volume of 839 billion yuan last year, contributing over 80% to the province's total, and continuing to maintain double-digit growth in the first five months of this year [1][2] Group 1: Support for Chengdu's Foreign Trade - The Sichuan government plans to support Chengdu in accelerating the construction of a western international exchange center, leveraging its advantages in open channels, platforms, and environments [1] - Chengdu will be supported in becoming a center for the distribution of specialty products, enhancing its international cargo distribution capabilities through its dual international airports and international railway port [1] - The government will implement a pilot program for an "import white list" for fresh aquatic products, aiming to establish a national distribution base for specialty items like salmon, durian, and caviar [1] Group 2: "Rong Products Going Global" Initiative - Chengdu will participate in the "Chuanxing Tianxia" international market expansion activities, encouraging key enterprises to secure orders and increase market share [2] - The initiative will focus on supply-demand matching activities in key industries, promoting collaboration among local enterprises to explore emerging markets [2] - Support will be provided for cross-border e-commerce initiatives, including the establishment of overseas exhibition centers and public overseas warehouses [2] Group 3: Integration of Trade and Industry - The strategy emphasizes the integration of trade and industry, promoting key sectors like electronic information, equipment manufacturing, and healthcare to enhance international competitiveness [2] - There will be a focus on developing digital trade, including the establishment of a digital trade service platform to expand the scale of digital trade in areas like online gaming and software services [2] - Financial support will be provided through specialized credit products to facilitate the internationalization of Chengdu's industries [2]

Core Viewpoint - The State Council of China has deployed measures to replicate and promote the pilot experiences of the China (Shanghai) Free Trade Zone (FTZ), aiming to leverage high-level openness to drive deep reforms and high-quality development [1][2]. Group 1: Pilot Measures and Innovations - The Shanghai FTZ has implemented 80 pilot measures that have largely been put into practice over the past year, leading to significant institutional innovations and advanced experiences that support the expansion of institutional openness [1][2]. - A new facilitation customs clearance model has been introduced, which includes "pre-reporting, advance review, immediate passage upon arrival, and immediate unpacking," significantly reducing the time for goods to be transferred from port to shipment by 50% [1]. - The FTZ has also launched a negative list for data export, focusing on the reinsurance, international shipping, and trade sectors, effectively promoting efficient and secure cross-border data flow [1]. Group 2: Government Procurement and Reforms - The Shanghai government procurement cloud platform has introduced a "benchmarking reform window," implementing over 2,200 procurement projects according to high-standard rules, with more than 1,000 projects published in both Chinese and English [1]. Group 3: International Trade Agreements - The Ministry of Commerce has indicated that China is actively preparing to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), having conducted in-depth analysis and evaluation of the agreement since its application in September 2021 [2][3]. - China is engaging in extensive communication with CPTPP members to demonstrate its commitment and capability to meet the high standards of the agreement, while also conducting pilot tests in designated free trade zones [2][3].

Core Viewpoint - The recent release of the "Opinions on Deepening Reform and Innovation in Shenzhen's Comprehensive Reform Pilot" emphasizes the need for Shenzhen to build a higher-level open economy, focusing on optimizing goods trade and enhancing service trade innovation [1] Group 1: Economic Growth and Trade - Qianhai is identified as a core area for promoting high-level opening up, with 17 out of 48 reform measures implemented there [1] - By 2024, Qianhai is projected to achieve a GDP of 300.88 billion yuan, an 8.6% year-on-year increase, with imports and exports reaching 706.65 billion yuan, a 42.4% increase [1] - Actual foreign investment in Qianhai is expected to be 26.65 billion yuan, accounting for 60.4% of Shenzhen's total [1] Group 2: Financial Sector Initiatives - Qianhai will focus on emerging finance, cross-border finance, supply chain finance, and technology finance, introducing intellectual property securitization products and establishing a nurturing base for companies going public in Hong Kong [1][2] - The "Technology Startup Pass" credit program has been launched, and the first private equity fund management license for insurance capital has been issued in Shenzhen [3] Group 3: Talent and Innovation - The reform in education and talent systems aims to integrate innovation chains, industry chains, capital chains, and talent chains to create a new source of productivity [2] - Qianhai will provide rapid patent review services for Hong Kong innovation entities and establish an international technology transfer center [2] Group 4: Trade and Service Development - Qianhai has pioneered a "one-time inspection, one-time certification, one-time passage" model for goods trade, enhancing trade facilitation and liberalization [3][4] - The area will promote cross-border e-commerce, bonded maintenance, and display trading, aiming to expand the scale and variety of foreign trade [4] Group 5: Digital Trade and Data Industry - Qianhai has launched a cross-border data verification platform and initiated the first national data broker innovation center [3] - Future plans include exploring diversified data circulation and transaction methods, and establishing an offshore data center [3][6] Group 6: Service Trade Expansion - The service trade sector in Qianhai is experiencing steady growth, with rapid increases in cross-border payment and gaming industries [5][6] - The area will implement a negative list for cross-border service trade and enhance the liberalization of service trade with Hong Kong and Macau [6]

Group 1 - The Fourth Global Digital Trade Expo will be held in Hangzhou from September 25 to 29, with the theme "Digital Trade, Connecting the World" [1] - The expo will feature three main components: exhibition displays, major activities, and an online digital trade platform, focusing on internationalization, professionalism, and marketization [1] - A main exhibition hall and five specialized industry halls will be set up, showcasing future industries such as intelligent robots and smart technologies, along with sectors like digital commerce, AI, and digital healthcare [1][2] Group 2 - The expo will coincide with other notable events such as the Alibaba Cloud Conference and NetEase Future Conference, promoting September as a month of digital trade in Hangzhou [2] - The UAE will serve as the guest country, facilitating deep participation from Middle Eastern sovereign funds and creating new strategic cooperation opportunities between China and the Middle East [2] - The first batch of participating companies includes global names like Dun & Bradstreet, Yokogawa Electric, Ant Group, and GE Healthcare, with a focus on various exhibition areas [2] Group 3 - The expo will provide a platform for global standards promotion in the Chinese market, showcasing new products and technologies in smart homes and green buildings [3] - Indonesia's new capital project has generated significant digital transformation needs across various sectors, presenting collaboration opportunities for Chinese enterprises [3]

中新网杭州6月17日电(奚金燕)6月17日，第四届全球数字贸易博览会(简称"数贸会")迎来倒计时100天。 本届数贸会通过构筑"展览展示、会议活动、新潮赛事、报告榜单"四大重点板块，提升国际化、专业化 水平，促进数字贸易发展成果全球共享。 据悉，本届数贸会将于9月25日在杭州开幕，由浙江省人民政府、商务部共同主办，杭州市人民政府、 浙江省商务厅、商务部贸发局共同承办。 在"展览展示"板块，今年数贸会设置1个数贸主题展馆及5个细分领域特色产业展馆。其中，数贸主题展 馆综合展示包括具身机器人、时空智能等未来产业，国内外龙头企业和数字贸易新势力，主宾国、主宾 省、国际组织数字贸易与尖端科技深度融合的最新成果与应用场景。5个细分领域特色数字产业展区包 括数字订购贸易领域、数字技术贸易与数据贸易领域、数字产品贸易领域以及数字服务贸易领域。 在"主题活动"板块，将分为主题活动、产业对接、投融资配对、其他活动等内容。比如，主题活动包括 启动仪式、丝路电商日、数贸非洲日、数贸之夜、高标准经贸规则视野下数字自贸区对接会等活动；产 业对接将围绕数字贸易五大细分领域，联动"1+5"数字贸易展馆，举办跨境电商、网游出海、人工智 能、 ...

Core Insights - The Fourth Global Digital Trade Expo (Digital Trade Expo) is set to take place in Hangzhou on September 25, with a theme of "Digital Trade, Connecting the World" [1] - The expo aims to achieve a scale of intention orders reaching billions, similar to previous years [1] - The event will feature three main components: exhibition displays, thematic activities, and an online digital trade platform [1] Exhibition Displays - This year's expo will include one main digital trade exhibition hall and five specialized industry exhibition halls [1] - The main exhibition hall will showcase advanced industries such as embodied robotics and spatiotemporal intelligence, along with achievements in digital trade and cutting-edge technology [1][2] - The expo will also introduce a new thematic area called "Who is the Seventh Dragon" to set a new benchmark for national-level exhibition themes [2] Thematic Activities - The thematic activities will focus on five sub-sectors of digital trade, including cross-border e-commerce, gaming, artificial intelligence, digital healthcare, and low-altitude economy [1][2] - Various industry matchmaking events will be held to share cutting-edge technology, business applications, and innovative cases [1][2] - The expo will promote a collaborative environment by linking with other well-known industry events, enhancing resource sharing and audience flow [2] Online Digital Trade Platform - The online platform will expand to include sections on industry trends, national strategies, local regulations, policy interpretations, project applications, and resource connections [1] - The goal is to transition the online platform from a simple exhibition tool to a comprehensive digital trade service platform [1] International Participation - The expo has attracted international participants, with representatives from 23 countries, including the USA, UK, Italy, and the Philippines, seeking collaboration in various sectors [2] - The new capital of Indonesia has also expressed procurement needs related to digital transformation across multiple industries [2] Regional Development - Hangzhou has seen rapid development in digital trade reforms, positioning itself as a strong identifier in building a robust digital trade city and a global digital trade port core area [2]

Group 1 - The UK-Vietnam Free Trade Agreement (UKVFTA) has led to significant growth in bilateral trade between Vietnam and the UK, with expectations for further enhancement due to the UK's accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) [1][2] - In 2024, bilateral trade is projected to reach a historical high of over $8.4 billion, representing an 18% year-on-year increase, positioning the UK as Vietnam's third-largest trading partner in Europe [2] - Vietnam is recognized as a rapidly growing market with over 100 million people, while the UK is a high-income consumer market, creating substantial export and investment opportunities for businesses in both countries [2] Group 2 - Vietnam's technology sector is expected to generate approximately $158 billion in revenue in 2024, accounting for 15% of its GDP, with domestic R&D spending at 0.5% of GDP [2] - The Global Innovation Index 2024 ranks Vietnam 44th among 133 economies, highlighting its robust educational and research infrastructure, including around 250 universities and 400 research institutions [2] - The UK is currently the 15th largest investor in Vietnam, with investments totaling $4.46 billion across 147 countries [2]

Group 1: Policy and Market Trends - Shenzhen's implementation plan aims to increase the proportion of digitally deliverable service trade to over 50% by 2030 and over 55% by 2035 [1] - The plan includes 20 measures across four areas to enhance international competitiveness in service and digital trade [1] - The digital trade market in China is projected to exceed 4.5 trillion yuan by 2025 and reach 8.2 trillion yuan by 2030, with a compound annual growth rate of over 12% [2] Group 2: Company Developments - Lakala's cross-border payment business is growing, with a 14% increase in transaction volume to 49.2 billion yuan and an 80% increase in customer service to over 120,000 in 2024 [3] - Guangdian Yuntong's subsidiaries are focusing on building a digital trust system and developing data space security infrastructure, as well as enhancing public data utilization [3] - Companies in telecommunications, internet, and cultural sectors are expected to benefit from the acceleration of digital trade and data resource development [2]