Core Viewpoint - Portugal aims to expand supply chain partnerships with China through participation in the China International Supply Chain Promotion Expo, marking a significant opportunity for deepening economic cooperation [1][2] Group 1: Event Overview - The third China International Supply Chain Promotion Expo is scheduled from July 16 to 20, with Portugal participating for the first time as a delegation [1] - The event is seen as a constructive platform for enhancing trade relations and supply chain partnerships between Portugal and China [1] Group 2: Delegation Composition and Goals - The Portuguese delegation consists of various enterprises and institutions across multiple sectors, including marine engineering, offshore energy, certification services, insurance, education investment, cross-border legal services, and food and beverages [2] - The aim is to showcase Portugal's innovative capabilities in certification, energy, logistics, education, insurance, and legal consulting [2] Group 3: Strategic Importance - Portugal's well-developed infrastructure serves as a crucial entry point for Chinese companies into the EU and Portuguese-speaking countries [2] - The country has been accelerating its efforts in green energy, digital technology, and smart manufacturing, promoting industrial cluster development to enhance global supply chain cooperation [2]

Core Insights - The Guangdong Free Trade Zone in Nansha has achieved significant milestones in its first decade, focusing on both "hard" and "soft" infrastructure development, with a strong emphasis on institutional innovation and integration with the Greater Bay Area [1][3][5] Group 1: Achievements in Infrastructure - Nansha Port has become a major hub for marine transport and international freight, with container throughput increasing from 10.98 million TEUs to 20.49 million TEUs over the past decade, achieving an annual growth rate of approximately 1 million TEUs [3] - The completion of the fully automated Nansha Port Phase IV and the addition of over 100 international shipping routes have positioned Nansha as the largest domestic container hub and a key international trade port [3] - The opening of the Nansha Port Railway in December 2021 has enhanced the sea-rail intermodal transport capabilities, completing the logistics network [3] Group 2: Institutional Innovations - Nansha has pioneered the business registration confirmation system, significantly reducing transaction costs and enhancing market vitality [4] - The establishment of the "micro-police certification" platform and the "no proof" free trade zone have streamlined administrative processes, saving over 50,000 document submissions [4] - Nansha has developed a one-stop regulatory model for cross-border e-commerce export returns, saving companies approximately 50 million yuan in logistics costs annually [4] Group 3: Legal and Regulatory Framework - Nansha has implemented a judicial rule connection mechanism among Guangdong, Hong Kong, and Macau, facilitating cross-border legal services and enhancing the business environment [7][9] - The establishment of the first joint law firm in Nansha has improved the efficiency of handling cross-border legal matters, integrating resources from the three regions [8][9] - The joint law firm has also contributed to legislative processes, providing feedback on legal drafts and enhancing the legal framework for cross-border operations [9] Group 4: Future Development Strategies - The next decade will focus on aligning with international trade rules, particularly in digital and green trade, to enhance Nansha's role as a hub for high-quality development [10][12] - Emphasis will be placed on building an international data flow hub and establishing a carbon finance system to lead in green supply chain standards [12] - Nansha aims to significantly boost offshore trade and develop new trade formats such as cross-border e-commerce and financing leasing over the next ten years [12]