Core Insights - The "HaiChain Hangzhou" advanced manufacturing industry comprehensive service platform was launched, facilitating connections between nearly 50 overseas buyers and 35 local procurement companies with over 400 quality manufacturing enterprises [1][2] - The platform aims to enhance global market access for foreign trade enterprises and optimize supply chain networks for domestic manufacturers [1][2] Group 1: Overseas Buyers - Overseas buyers expressed high recognition of China's manufacturing capabilities, with a representative from Suncast Polytech noting the efficiency and quality of potential partners found during the event [1] - The event allowed overseas buyers to address core pain points related to sourcing large-scale manufacturing tools, highlighting the competitive advantages of Chinese factories [1] Group 2: Domestic Buyers - Domestic buyers, such as Hangzhou Yongli Baihe Technology Co., reported successful engagements, connecting with over 20 suppliers in just one hour, indicating the efficiency of the platform [1][2] - The need for reliable suppliers has increased due to the expansion of overseas production capacity, showcasing the platform's role in meeting these demands [1][2] Group 3: Platform Features and Benefits - The "HaiChain Hangzhou" platform leverages supply chain infrastructure to create a more trustworthy, efficient, and sustainable cross-border supply-demand link [2] - The platform aims to assist quality manufacturing enterprises in exploring broader markets, with a focus on countries involved in the Belt and Road Initiative and emerging markets [2] - The platform has expanded its buyer base to 117 countries, reflecting a trend towards market diversification and providing risk assurance through partnerships with export credit insurance institutions [2] Group 4: Future Developments - The Hangzhou Municipal Bureau of Commerce plans to build a digital service matrix for supply-demand matching and regularly hold events to foster collaboration among leading enterprises in specific sectors [3]