Core Viewpoint - The 2025 China (Guangzhou) Cross-Border E-Commerce Fair, themed "New Foreign Trade Momentum · New Digital Future," showcases over 1,000 quality supply chain enterprises and 42 cross-border e-commerce platforms, highlighting the strength of the manufacturing sector in Zhongshan [1][3]. Group 1: Event Overview - The exhibition covers an area of over 40,000 square meters, featuring a diverse range of products from various industries including lighting, home appliances, toys, electronics, locks, and bags [1]. - Zhongshan's participation includes over 30 local manufacturing and trading enterprises, collectively branded as "Zhongshan Manufacturing" to promote their products internationally [1][3]. Group 2: Industry Highlights - The Guzhen Lighting Industry Belt, part of the exhibition, is recognized as a pilot industry belt for the "Cross-Border E-Commerce + Industry Belt" initiative in Guangdong Province [3]. - A special exhibition area of 198 square meters was created to showcase the latest innovations in smart lighting, emphasizing Zhongshan's industrial advantages [3][6]. Group 3: Business Impact - The participation in the fair has been reported to be ten times more effective for companies when exhibiting as a group compared to individual participation [6]. - The general manager of a local supply chain company noted that the future scale of participation could potentially double or even quintuple if the group exhibition model is maintained and more resources are mobilized [6]. Group 4: Future Directions - The Zhongshan Business Bureau plans to continue implementing the Guangdong Province's "Cross-Border E-Commerce + Industry Belt" pilot program, aiming to deepen the integration of industry belts with cross-border e-commerce [7]. - The focus will be on upgrading from "product export" to "brand export," fostering new foreign trade momentum through policy guidance and precise services [7].

Group 1 - The 2025 China (Guangzhou) Cross-Border E-Commerce Fair opened on August 15, showcasing over 40,000 square meters of exhibition space and attracting thousands of quality supply chain enterprises and 42 cross-border e-commerce platforms, surpassing the previous year's scale [2] - The fair highlighted the urgency for foreign trade enterprises to adapt their market strategies due to the U.S. tariff war, with cross-border e-commerce emerging as a vital option for Chinese brands to expand internationally [2][3] - Several cross-border e-commerce platforms, including those targeting Europe, Japan, South Korea, and Southeast Asia, participated for the first time, providing more options for companies looking to pivot their business strategies [3][4] Group 2 - Guangdong's manufacturing sector is transitioning from "manufacturing" to "creation" and "branding," with a focus on enhancing the global presence of its products [5][7] - The fair featured 18 advantageous industrial belts from Guangdong, showcasing a variety of products and emphasizing the region's strong supply chain capabilities, which account for over 60% of seller and product numbers on platforms [5][6] - Guangdong aims to establish 30 advantageous industrial belts and cultivate 300 key enterprises within three years, while also enhancing its e-commerce development in major cities [7]

Group 1 - The Guangdong province is promoting the integration of specialty industrial belts with cross-border e-commerce platforms and service resources, with the 2025 China (Guangzhou) Cross-Border E-Commerce Fair scheduled for August 15-17, featuring new AI and compliance zones [2] - The fair will host over 1,000 quality supply chain enterprises, more than 40 major domestic and international cross-border e-commerce platforms, and nearly 200 ecosystem service providers, with over 1,800 standard exhibition booths [3] - The total import and export volume of cross-border e-commerce in Guangdong is projected to reach 745.4 billion yuan in 2024, accounting for over one-third of the national total [4] Group 2 - The shift from "product export" to "brand export" in cross-border e-commerce is increasing the demand for comprehensive overseas warehouse services, which now include logistics, local brand channels, and after-sales service [3] - The overall import and export of goods in China reached 21.79 trillion yuan in the first half of the year, with cross-border e-commerce imports and exports amounting to approximately 1.32 trillion yuan, reflecting a year-on-year growth of 5.7% [3]

Group 1 - The core viewpoint highlights that Zhongshan, a small town in Guangdong, is a major hub for lighting products, accounting for 70% of domestic sales and 50% of international market share [1] - Zhongshan Industrial and Commercial Bank has provided over 4 billion yuan in loans to the local lighting industry since 2022, supporting its development [1] - A specific lighting company in Zhongshan faced challenges in expanding production due to the fast-paced nature of orders and slow traditional loan approval processes [3] Group 2 - The bank introduced a tailored financing product called "Manufacturing e-loan," which allows businesses to quickly assess and apply for loans through mobile banking [3] - Within 7 working days, the bank approved a credit loan of 5 million yuan for the company, significantly exceeding its annual tax amount [3] - The bank aims to address the financial needs of the entire lighting industry chain by forming a specialized team to understand and meet market demands [3][4] Group 3 - A new batch credit granting model was developed based on data resources from merchants and market managers, providing a standardized template for financial services across professional markets [4] - This model aims to alleviate financial constraints for merchants and invigorate the entire industry chain [4]

Core Viewpoint - The article discusses the significant changes in China's county-level economies, highlighting the emergence of new high-GDP counties and the industrial strengths that contribute to their economic success [2][4][48]. Group 1: Economic Changes in Counties - Jiangyin has achieved a GDP of 5126.13 billion yuan in 2024, solidifying its position as the second-largest county-level city in China [2][3]. - Changshu's GDP reached 3079.10 billion yuan in 2024, marking a 6.2% increase from the previous year [2][3]. - The number of counties with GDP exceeding 1000 billion yuan has increased from 59 to 62, with new additions including Tengzhou, Changfeng, and Xinyi [3][4]. Group 2: Industrial Strengths - Kunshan, Jiangyin, and other leading county-level cities have robust industrial bases, with Kunshan's industrial output reaching 12398.42 billion yuan in 2024 [18][24]. - Jiangyin's industrial output was reported at 7317.22 billion yuan in 2023, comparable to major provincial capitals [35][36]. - The article emphasizes the importance of strong industrial sectors, such as electronics in Kunshan and metallurgy in Jiangyin, as key drivers of economic growth [19][30][48]. Group 3: Comparison with Other Regions - Jiangsu province dominates with 22 of the 62 billion-yuan counties, while Zhejiang follows with 11, indicating a concentration of economic power in these regions [4][6]. - Guangdong province lacks representation among the billion-yuan counties due to many of its strong counties having transitioned to district status, thus entering a different economic competition [7][10]. - The article notes that Kunshan and Jiangyin have outperformed several provincial capitals, showcasing their economic prowess [11][12]. Group 4: Population and Employment - Jiangyin's population has shown resilience, with a slight increase despite broader national trends, indicating strong local economic conditions [42][40]. - The presence of over 60 listed companies in Jiangyin highlights its capacity to generate quality employment opportunities, further attracting population growth [38][39]. Group 5: Future Outlook - The article suggests that counties must continue to innovate and adapt their industries to maintain growth and competitiveness in a rapidly changing economic landscape [51][53]. - It emphasizes the need for local governments to seek investments and enhance their industrial capabilities to ensure sustainable development [51][52].