Core Insights - The article emphasizes the significance of the China-ASEAN Expo and Business and Investment Summit in enhancing regional cooperation and economic stability, highlighting the successful participation of over 3,200 enterprises from 60 countries [1][4]. Trade and Economic Cooperation - The China-ASEAN Free Trade Area (CAFTA) was officially launched in 2002, fully established in 2010, and upgraded to version 2.0 in 2019, with negotiations for version 3.0 completed and set to be signed within the year [2]. - The 3.0 version represents a shift from tariff reduction to rule-building, marking a significant milestone in regional economic integration [2]. Investment and Trade Statistics - China has maintained its position as ASEAN's largest trading partner for 16 consecutive years, with ASEAN being China's largest trading partner for five years [4]. - In 2024, bilateral trade with five ASEAN countries is expected to exceed $100 billion, with trade with Vietnam and Malaysia surpassing $200 billion [4]. - In the first eight months of this year, bilateral trade reached 4.93 trillion yuan, a year-on-year increase of 9.7% [4]. - By July 2025, cumulative bilateral investment between China and ASEAN is projected to exceed $450 billion, with Chinese companies completing engineering contracts worth $480 billion in ASEAN [4]. Infrastructure and Industry Collaboration - Chinese enterprises are actively involved in infrastructure projects across ASEAN countries, contributing to sectors such as green energy and digital economy [5]. - The 3.0 version of CAFTA includes nine new chapters focusing on digital economy, green economy, and supply chain connectivity, enhancing cooperation in emerging fields [5]. Automotive Industry Developments - Chinese electric vehicles are gaining popularity in Southeast Asia, with companies like SAIC-GM-Wuling and BYD establishing local production and supply chains [6][8]. - The shift from "product export" to "cross-border chain building" reflects a strategic transition in the automotive industry, enhancing local market responsiveness and technological collaboration [6][8]. Artificial Intelligence and High-Tech Cooperation - The integration of artificial intelligence (AI) is reshaping global supply chains and creating new opportunities for China-ASEAN economic collaboration [10][12]. - The expo featured a dedicated AI pavilion, showcasing over 200 high-tech companies and highlighting the shift from traditional trade to high-tech cooperation [12]. - Initiatives like the AI Empowerment Super League and the establishment of the China-ASEAN AI Innovation Cooperation Center are fostering collaborative projects across various sectors [14][16].

Core Insights - Chinese new energy vehicles (NEVs) are gaining popularity in Southeast Asia, with significant interest from local customers at events like the China-ASEAN Expo [1] - The transformation from "product export" to "ecosystem co-construction" is key to the success of Chinese NEVs in Southeast Asia, allowing for localized production and collaboration with local suppliers [1] - The automotive industry is highly globalized, and fluctuations in supply chains can impact the entire sector; however, Chinese NEV companies are successfully navigating these challenges [1] Group 1: Industry Collaboration - The automotive supply chain between China and ASEAN is evolving from simple vehicle and parts exports to a comprehensive integration covering upstream resource supply, localized manufacturing, and downstream sales and service [2] - The deep coupling of the automotive industry exemplifies the resilience of economic cooperation between China and ASEAN, highlighting the importance of mutual rules, complementary industries, interconnected facilities, and integrated ecosystems [2][3] - Key projects like the China-Malaysia "Dual Park" and the China-Indonesia "Regional Comprehensive Economic Corridor" are advancing, promoting deeper integration of the industry chain [2] Group 2: Trade Performance - China has maintained its position as ASEAN's largest trading partner for 16 consecutive years, while ASEAN has been China's largest trading partner for five years [2] - In the first seven months of this year, trade between China and ASEAN reached $597 billion, marking an 8.2% year-on-year increase and accounting for 16.7% of China's total foreign trade [2][3] - The completion of the China-ASEAN Free Trade Area 3.0 negotiations introduces new chapters on digital economy, green economy, and supply chain connectivity, enhancing cooperation and integration in the region [3]