Group 1 - The "2025 Thailand-China Cooperation Expo" was held from September 26 to 28 in Bangkok, celebrating the 50th anniversary of diplomatic relations between China and Thailand, showcasing mutual cooperation achievements and stimulating bilateral collaboration [1][2][5] - The expo featured a theme of "Thailand-China 50 Years of Diplomatic Relations: Towards Common Prosperity," with key figures such as Thailand's Prime Minister and the Chinese Ambassador to Thailand emphasizing deepening cooperation in infrastructure, green economy, and digital innovation [2][5] - Over 200 companies from both countries participated in the expo, covering an exhibition area of 20,000 square meters, with attendance exceeding 8,000 people [5][6] Group 2 - During the event, Thai and Chinese enterprises signed cooperation memorandums totaling over 6 billion Thai Baht (approximately 1.33 billion RMB), focusing on commodity trade and joint investment [5] - The expo included various activities such as thematic exhibition areas, recruitment matching, educational consultations, and forums on supply chain and business matchmaking, particularly in sectors like new energy vehicles, renewable energy, digital platforms, and agricultural technology [5][6] - A recruitment fair was held alongside the expo, offering over 1,500 job positions in modern service sectors such as engineering and digital technology [6]

9月14日，2025年中国国际服务贸易交易会在北京首钢园落下帷幕。本届服贸会以"数智领航，服贸焕 新"为主题，聚焦服务贸易数字化、智能化、绿色化等热点趋势，共达成建筑、信息技术、金融等领域 超900项成果。接受本报记者采访的参展商和国际人士表示，服务贸易在全球贸易中的地位日益重要， 服贸会的举办进一步拓展服务贸易国际合作网络。中国持续开放服务市场，将助推服务贸易提质升级， 为经济全球化发展注入更多动能。 "这是一个共赢的成果" 服贸会上，来自捷克的参展商与一家内蒙古企业的代表交 流。 本报记者 李 琰摄 今年服贸会上，九大专题展区、上千家企业、近百场论坛，以不同形式充分展现数智创新、绿色发展的 加速度。数字平台供需大厅发布对接项目3000余项，"商务约见"发起邀约近8500人次，高效直联客户。 数智化浪潮为全球服务贸易发展带来更广阔前景。 澳大利亚国家馆内，全球视觉传播与协作平台Canva可画带来"魔力工作室"，让用户从"剪辑小白"秒 变"设计大师"。"中国是全球最具活力的数字市场之一，拥有广阔的用户基础和不断优化的数字环 境。"该公司中国区总经理王可辛介绍，公司自2018年进入中国市场以来，已上线超过16万 ...

Core Viewpoint - The "2025 Thailand-China Cooperation Expo" is set to take place from September 26 to 28 in Bangkok, aiming to enhance trade and investment collaboration between Thailand and China, marking the 50th anniversary of diplomatic relations between the two countries [1][4]. Group 1 - The event will showcase the achievements of Thailand-China cooperation across various sectors, with notable companies from both countries signing multiple Memorandums of Understanding (MOU) totaling over 60 billion Thai Baht, focusing on goods trade and joint investments [2][4]. - The expo will feature a supply chain forum and business matching sessions, concentrating on key industries such as new energy vehicles, renewable energy, digital platforms, and agricultural technology, promoting sustainable supply chains aligned with green and digital economy goals [2][4]. - The event will also include specialized seminars and high-level dialogues, inviting experts, scholars, and industry leaders from both countries to share insights on global economic changes [2][4]. Group 2 - The "2025 Thailand-China Cooperation Expo" is described as a historic cooperation platform that will create new opportunities in trade, investment, education, and technological innovation, helping Thailand to become a global supply chain hub and pursue a more stable and sustainable development path [4]. - Additionally, the expo will host a job fair offering over 3,000 positions in high-demand fields such as engineering, digital services, logistics, and modern services [2].

Core Insights - The article emphasizes the significant role of small and medium-sized enterprises (SMEs) in driving innovation, promoting employment, and improving livelihoods in China, with over 600,000 technology and innovation SMEs cultivated, including more than 140,000 specialized and innovative SMEs and 14,600 "little giant" enterprises [1] Group 1: Impact of Digital Transformation on SMEs - SMEs are increasingly leveraging third-party digital platforms for various business operations, including sales, research and development, and management, particularly through access to large model platforms and cloud computing, which enhances internal processes and production efficiency [1] - In the past three years, there has been a notable trend of SMEs utilizing cross-border e-commerce platforms like TikTok and Temu to engage in international trade [1] Group 2: Benefits and Challenges of Platformization - The trend of platformization and intelligence is positively impacting SMEs by reducing transaction and production costs, providing operational infrastructure that lowers startup costs and enhances production efficiency [2] - AI algorithms used by platforms can optimize production processes, significantly reducing defect rates and unit production costs [2] - Data generated by platforms can assist external investors and lenders in assessing financing risks for SMEs, addressing the persistent issue of financing difficulties [2] Group 3: Regulatory Considerations - There is a need to establish a regulatory framework for platform economies to prevent potential abuse of market dominance by platforms, ensuring a fair competitive environment for SMEs [3] - Encouraging data development and trading based on platforms is essential, alongside the careful application of antitrust and regulatory policies to combat unfair competition in the platform economy [3]

Group 1 - The core viewpoint emphasizes the significant role of small and medium-sized enterprises (SMEs) in driving innovation, promoting employment, and improving livelihoods, with over 600,000 technology and innovation-oriented SMEs cultivated in China, including more than 140,000 specialized and innovative SMEs and 14,600 "little giant" enterprises [1] - SMEs are increasingly adopting digital transformation through third-party digital platforms, enhancing internal processes, quality control, and production efficiency, particularly through access to large model platforms and cloud computing [1][2] - The trend of SMEs utilizing cross-border e-commerce platforms like TikTok and Temu for international trade has emerged over the past three years, indicating a shift in sales strategies [1] Group 2 - The platformization and intelligent development trend positively impacts SMEs by reducing transaction and production costs, providing operational infrastructure that lowers startup costs and enhances production efficiency [2] - AI algorithms optimizing production processes can significantly reduce defect rates and unit production costs, while data generated by platforms can assist external investors and lenders in assessing financing risks for SMEs [2] - However, there are concerns regarding potential market dominance abuse by platforms, which may hinder fair competition among SMEs through preferential treatment and biased recommendations [2][3] Group 3 - To maximize the opportunities presented by digital platformization and intelligence, it is suggested that policies be implemented to support SMEs in their digital transformation, such as cloud subsidies, and to establish a mutually stimulating innovation ecosystem between platforms and SMEs [2] - Encouraging data development and trading based on platforms is essential, alongside establishing a regulatory framework to prevent market dominance abuse and ensure fair competition for SMEs within the platform economy [3]

Core Viewpoint - The ongoing US-EU trade negotiations are facing significant challenges, with both sides having substantial differences in their core demands, making a comprehensive agreement unlikely [1][5][6]. Group 1: Trade Negotiations - The EU is striving to reach a preliminary bilateral trade agreement with the US by July 9, while also preparing for all possible outcomes, including a retaliatory list [1]. - The US currently imposes a 50% tariff on EU steel and aluminum products, a 25% tariff on automobiles, and a 10% baseline tariff on nearly all other goods [1]. - The EU has decided to postpone retaliatory measures against US products worth €210 billion until July 14 to allow more time for negotiations [1]. Group 2: Strategic Perspectives - The political leadership in the US has undergone a profound change in its strategic perception of the EU, while European political elites have not yet adjusted their views, leading to a significant gap in mutual understanding [2]. - The Biden administration emphasizes the importance of European allies, but the return of Trump has altered the strategic dynamics, with the US viewing the EU as a contributor to its trade deficit [2][3]. Group 3: Internal EU Disagreements - Within the EU, there are significant internal disagreements regarding the acceptance of a 10% baseline tax rate, with countries like Germany and Italy being more amenable compared to France [5]. - The EU is willing to make concessions on purchasing US agricultural products and liquefied natural gas, but the US insists on addressing its trade deficit, focusing on non-tariff barriers [5]. Group 4: Future Relations - The relationship between the US and EU is expected to remain fraught with distrust and conflict, extending beyond trade to include technology, investment, and geopolitical strategies [6]. - European political elites are increasingly anxious about their competitive position in the global technology race, leading to a consensus on the need for strategic autonomy and resilience [7][12]. Group 5: Economic and Technological Interaction - The US and EU are both adopting protective measures in their economic policies, leading to increased competition and mutual suspicion [9][10]. - The US is focusing on protecting traditional industries and advancing critical technologies, while the EU aims to bolster its own industries and regulatory frameworks [9][10]. Group 6: Supply Chain Security - Both the US and EU are restructuring their supply chains to enhance economic resilience, but they are doing so independently [11]. - The US has been actively forming agreements with countries for critical mineral supply chains, while the EU is prioritizing supply chain security as a core economic strategy [11]. Group 7: Strategic Autonomy - In response to the "America First" policy, Europe is seeking to strengthen its strategic autonomy by enhancing its industrial policies and reducing reliance on the US [12]. - The EU is also working on developing its own security frameworks, recognizing the need to rely less on NATO and the US for defense [12].

Economic Growth - India's economy grew by 7.4% in Q1 2023, marking the highest quarterly growth in a year, up from 6.2% in the previous quarter [1] - The country is positioned to benefit from supply chain shifts due to US-China trade tensions, with May's new export orders reaching a three-year high [1][3] Manufacturing Sector - India's manufacturing PMI in May was 57.6, indicating strong expansion despite a slight month-on-month decline [2] - The automotive sector is also thriving, with vehicle exports projected to reach 5.36 million in FY 2024/25, a 19.2% increase from the previous year [6] Technology Transfer and Innovation - Over the past decade, India has successfully captured technology transfers across various sectors, including smartphones and pharmaceuticals, leading to significant industrial upgrades [3][4] - The country has transitioned from merely assembling products to developing local manufacturing capabilities, as evidenced by a rise in smartphone exports from $2.1 billion in 2018 to $11 billion in 2022 [4] Government Initiatives - The Indian government has implemented policies like "Make in India" and the Production-Linked Incentive (PLI) scheme to encourage local manufacturing and technology adoption [9][10] - These initiatives have bolstered foreign investment confidence and facilitated local enterprise participation in high-tech sectors [10] Workforce and Infrastructure - India's large population provides a significant labor force and consumer market, but challenges remain in literacy and labor participation rates, which are below 50% [21][22] - Infrastructure issues, such as inadequate roads and power supply, continue to hinder manufacturing growth [21][22] Future Outlook - India's economic growth is currently concentrated in urban and IT sectors, necessitating broader structural improvements in income and consumption to sustain long-term growth [22][23] - The country is at a pivotal point in the global manufacturing landscape, with the potential to become a major economic power if it continues to reform and upgrade its technological and human resources [23]

Core Viewpoint - The article argues that ASEAN should adopt a strategy of "doing nothing" in response to the U.S. government's tariff war, rejecting unequal negotiations to better protect its own interests and hold the U.S. accountable for its protectionist actions [1]. Group 1: Economic Impact of U.S. Tariffs - The article highlights that U.S. President Trump’s claims of Asian economies "stealing jobs" are unfounded, as the U.S. unemployment rate is projected to average 3.8% from 2021 to 2024, one of the lowest among developed countries [3]. - The U.S. GDP is expected to reach a record $29.3 trillion in 2024, maintaining its status as the world's largest economy, while the service sector contributes 81% of GDP and employs 79% of the workforce, indicating that manufacturing's role in job creation is minimal [3]. - ASEAN has significantly contributed to U.S. prosperity, supplying critical semiconductor and machinery components essential for U.S. manufacturing competitiveness [4]. Group 2: ASEAN's Response Strategy - ASEAN should not grant tariff concessions to the U.S., reaffirming its core values of non-alignment, multilateralism, and mutual respect [5]. - ASEAN should persuade the U.S. business community that an open and stable market aligns with long-term interests, as U.S. companies have profited significantly from ASEAN's openness [5]. - The article suggests that the ultimate burden of U.S. tariffs will fall on American companies reliant on Southeast Asian supply chains, which will face increased costs, logistical delays, and diminished competitiveness [5]. - ASEAN is encouraged to enhance economic resilience, improve regional integration, diversify trade partners, and expand strategic partnerships, while also promoting diversification in currency settlement and payment systems for a more autonomous future [5].

Group 1: Overview of Chinese Companies Going Public in the U.S. - The trend of Chinese companies listing in the U.S. continues to rise, with 25 companies successfully going public by March 31, 2025, primarily on the Nasdaq [1] - Nasdaq has become the preferred exchange for Chinese companies, accounting for over 80% of IPOs in 2024, reflecting a 79% increase since 2019 [8] Group 2: Advantages of Nasdaq for Chinese Companies - Nasdaq offers a registration system that emphasizes the authenticity and completeness of information disclosure, allowing companies that may not meet domestic listing standards to secure funding [3] - The market environment in the U.S. features a robust legal framework and strict information disclosure requirements, enhancing corporate governance and attracting international investors [4] - Nasdaq provides significant liquidity advantages, with over 50% of total trading volume in the U.S. stock market occurring on its platform, enabling companies to complete secondary financing in as little as six months [5] Group 3: Haoyunlai's Nasdaq Listing Plans - Haoyunlai has announced its Nasdaq listing plan, positioning itself as a representative of industry innovation and strategic foresight [1][10] - The company has received multiple national awards, reinforcing its status as a leader in business model innovation and digital technology application, which supports its upcoming Nasdaq listing [10] - Haoyunlai's cloud-based platform aims to revolutionize the commercial ecosystem by linking millions of merchants and consumers, enhancing customer retention for physical stores, and creating new digital job opportunities [11]

Core Viewpoint - The rapid increase in internet-related civil and commercial disputes, particularly in areas like live streaming sales and paid content, poses challenges in balancing user rights protection and platform development [1] Group 1: Trends in Internet Disputes - The number of internet-related civil and commercial disputes has significantly increased, with cases rising from over 200 in 2022 to around 700 in the following year [3] - Common types of disputes include information network sales contract disputes, product liability disputes, and network service contract disputes, often arising from issues like fraud, product quality, and service cancellations [3] Group 2: Responsibilities of Platforms - Platforms are expected to actively assume both platform and social responsibilities, ensuring consumer protection through rigorous vetting of merchants and maintaining adequate compensation funds for high-risk products [4] - The courts aim to balance user rights and platform development by correctly applying laws such as the Civil Code and the E-commerce Law, while considering the unique characteristics of the digital platform industry [4] Group 3: Live Streaming Sales Disputes - The number of consumer disputes related to live streaming sales is on the rise, with a diverse range of products involved, reflecting an increasing consumer demand in this sector [7] - In live streaming sales, merchants have a heightened duty of care, and platforms must adhere to a fault liability principle to determine responsibility [8] Group 4: Regulation of Digital Platforms - Courts can regulate digital platform operations by properly adjudicating cases related to new transaction models, combating infringement, and providing judicial guidance through typical case publications [11] - The judiciary aims to establish clear rules for new types of disputes arising from digital platforms, such as data ownership and algorithm regulation [11] Group 5: Competition and Legal Framework - "Involution" competition can lead to resource waste and a focus on short-term results over long-term innovation, necessitating judicial oversight to ensure fair competition [12] - Courts should apply laws like the Anti-Monopoly Law and the Anti-Unfair Competition Law to maintain fairness in competitive practices [12]