The scale of China-Africa trade has exceeded 2 trillion yuan; Hong Kong welcomes more Chinese concept stocks to return to the Hong Kong stock market;

This week, global economic and trade activities and technology expansion overseas have shown a multi - pronged development trend. The China - US relationship features "competition and cooperation": the two sides have reached a framework for a principled agreement. Emerging markets are full of vitality. The China - Africa trade volume has exceeded 2 trillion yuan, with an average annual growth rate of 14.2% over the past 25 years, making it an important growth engine. Ant Digital Technology is actively deploying in the Hong Kong stablecoin market, and Chery has made it clear that it will list in Hong Kong, indicating that Hong Kong's appeal as a pivot for Chinese enterprises to go international continues to increase.

There have been accelerating breakthroughs in cutting - edge technology fields. Jensen Huang, the CEO of NVIDIA, expects that the AI computing power in Europe will surge tenfold in the next two years. Meanwhile, CICC is optimistic about the long - term market potential of humanoid robots, which could reach trillions of yuan. Intelligence is increasingly becoming a key variable in global industrial competition.

Let's read this week's overseas expansion news to learn about the latest trends.

Ministry of Commerce: China's foreign trade is advancing steadily in a complex environment

On June 12, He Yadong, the spokesperson of the Ministry of Commerce, introduced at a regular press conference that since the beginning of this year, China's foreign trade has advanced steadily in a complex environment. Many foreign trade enterprises have adapted and innovated. Various policies to support enterprises have taken effect, and the country's goods trade has achieved "both quantitative and qualitative improvement", showing the unique resilience and vitality of China's foreign trade. In the next stage, facing the complex and changeable external environment, China will unswervingly expand high - level opening - up and use the certainty of high - quality development to cope with the uncertainty of the external environment. (Caixin.com)

Paul Chan: Welcome more Chinese concept stocks to return to the Hong Kong stock market

Paul Chan Mo - po, the Financial Secretary of the Hong Kong Special Administrative Region Government, said at the 2025 Caixin Summer Summit on June 13 that we are actively striving to attract more leading mainland enterprises to raise funds in Hong Kong to support their overseas expansion and international development. At the same time, we also welcome more Chinese concept stocks to return. Paul Chan also said that Hong Kong is actively promoting the development of an offshore RMB business center, including increasing RMB liquidity, improving relevant infrastructure, and developing more RMB - denominated investment products and risk management tools. (Shanghai Securities News)

With an average annual growth rate of 14.2% over 25 years, the China - Africa trade scale has exceeded 2 trillion yuan

As the 4th China - Africa Economic and Trade Expo is about to be held in Changsha, Hunan, the General Administration of Customs released data on June 11, showing that since the establishment of the Forum on China - Africa Cooperation in 2000, China's total imports and exports with Africa have increased from less than 100 billion yuan that year to 2.1 trillion yuan in 2024, a cumulative increase of more than 20 times, with an average annual growth rate of 14.2%, fully demonstrating the strong vitality of China - Africa economic and trade cooperation. On the same day, the General Administration of Customs also released the China - Africa Trade Index for 2024. This index has risen rapidly from the base value of 100 points in 2000 to a new high of 1056.53 points in 2024. (Xinhua News Agency)

General Administration of Customs: The US is China's third - largest trading partner. In the first five months, the total value of China - US trade decreased by 8.1%

According to customs statistics, in the first five months, ASEAN was China's largest trading partner. The total value of China - ASEAN trade reached 3.02 trillion yuan, a year - on - year increase of 9.1%, accounting for 16.8% of China's total foreign trade value. Among them, China's exports to ASEAN were 1.9 trillion yuan, up 13.5%; imports from ASEAN were 1.12 trillion yuan, up 2.3%. The EU was China's second - largest trading partner. The total value of China - EU trade was 2.3 trillion yuan, up 2.9%, accounting for 12.8%. Among them, China's exports to the EU were 1.57 trillion yuan, up 7.7%; imports from the EU were 728.33 billion yuan, down 6.1%. The US was China's third - largest trading partner. The total value of China - US trade was 1.72 trillion yuan, down 8.1%, accounting for 9.6%. Among them, China's exports to the US were 1.27 trillion yuan, down 8.7%; imports from the US were 447.51 billion yuan, down 6.3%. (General Administration of Customs)

A new logistics corridor under the Belt and Road Initiative: The Xi'an - Kazakhstan terminal is officially put into operation

On June 12, it was reported that the China - Xi'an Kazakhstan terminal was officially put into use in Almaty, Kazakhstan on the 10th, marking the full - scale operation of this 9.8 - hectare international logistics station. The project was designed by the First Railway Survey and Design Institute of China Railway. It is equipped with two railway loading and unloading lines, a 23,400 - square - meter high - standard warehouse, and a 57,300 - square - meter container and cargo pavement. It will serve as a key node for China - Central Asia freight trains, providing full - chain services such as container trading and storage. Liu Xinyue, the chief designer of the First Railway Survey and Design Institute, said that this terminal will deepen cooperation between China and Kazakhstan in container transportation, multimodal transport, and e - commerce logistics, and help build a diversified regional industrial system. It is an important practice of the Belt and Road Initiative. Relying on the Xi'an International Port, the project integrates the import and export cargo resources of Central Asian countries, further promoting China - Kazakhstan cooperation in production capacity and investment. (China Water Transport Network)

Pakistan plans to levy taxes on cross - border e - commerce platforms and goods

According to foreign media reports, Pakistan's Federal Board of Revenue (FBR) is actively studying the possibility of levying a Goods and Services Tax (GST) on cross - border online sales in the 2025 - 2026 fiscal year, aiming to fill the loopholes in the current tax framework. The Institute of Cost and Management Accountants of Pakistan (ICMAP) has clearly proposed in its budget recommendations to levy a Value - Added Tax (VAT) or Goods and Services Tax (GST) on cross - border e - commerce transactions to address the current revenue leakage problem and eliminate the unequal treatment between local and overseas sellers in tax policies. (Baijing Cross - border)

AliExpress' Middle East site tests the car - selling business and enters the car - selling track

On June 11, it was reported that AliExpress, the cross - border e - commerce platform under Alibaba, has entered the car - selling track and launched the car - selling business. During the overseas "618" promotion, the Middle East site of AliExpress launched this business first. The store page of AliExpress shows that the currently listed vehicles are mainly Chinese brands, and there are many new - energy models, including BYD Yuan, Geely Xingyuan, Xiaomi SU7, Li L7, and XPeng G9. Many of them have joined AliExpress' 10 - billion - yuan subsidy program for brand expansion overseas. (TMTPost)

TikTok's monthly active overseas users on mobile devices exceed 1 billion for the first time

The latest data from Sensor Tower shows that in May 2025, Chinese non - game mobile applications continued to show strong development momentum in the global market. The three major sectors of short - drama apps, e - commerce, and AI tools continued to make rapid progress, and Latin America and Southeast Asia became hotspots for growth. In the short - video field, TikTok still leads, and its monthly active overseas users on mobile devices exceeded 1 billion for the first time. (36Kr)

Ant Digital Technology starts applying for a Hong Kong stablecoin license

Bian Zhuoqun, the vice - president of Ant Group and the president of Ant Digital Technology's blockchain business, revealed today that Ant Digital Technology has started applying for a Hong Kong stablecoin license and has had multiple rounds of communication with the regulators. It is reported that Ant Digital Technology has designated Hong Kong as its global headquarters this year and has completed the pilot test in the regulatory sandbox in Hong Kong. (36Kr)

Yin Tongyue responds to Chery's plan to list in Hong Kong: Hopes to use Hong Kong as a new starting point for Chery to enter the international capital market

On June 12, Yin Tongyue, the Party Secretary and Chairman of Chery Holding Group, said at the 2025 Hong Kong International Automobile Exhibition that in February this year, Chery officially submitted an application to the Hong Kong Stock Exchange. He hopes to use Hong Kong as a new starting point for Chery to enter the international capital market. In the future, Hong Kong will become Chery's global financial center, logistics center, capital hub, innovation hub, and global talent gathering place, and will be the bridgehead for Chery to accelerate its global expansion. He also hopes that Chery will have its own manufacturing in Hong Kong and become a global manufacturing center. At this Hong Kong International Automobile Exhibition, Chery participated with 12 new - energy vehicle models. (Jiemian News)

Ctrip accelerates its global layout and offers more than 1,100 overseas positions in 75 cities in 23 countries such as London and Tokyo

Facing the active new players in the domestic market, Ctrip is accelerating its global layout. Recently, Ctrip has offered more than 1,100 overseas positions in 75 cities in 23 countries such as London and Tokyo, covering business lines such as hotels and vacations. At the same time, it has set up a 1 - billion - yuan tourism innovation fund and reached strategic cooperation with hotel groups in Thailand, Malaysia and other countries. In Q1 2025, the booking volume of Ctrip's international platform, Trip.com, increased by more than 60% year - on - year. CEO Jane Sun said that the goal is to double the proportion of overseas revenue in the next 3 - 5 years. Industry insiders pointed out that emerging platforms are unlikely to shake the supply - chain and service advantages of leading OTAs like Ctrip in the short term, and the industry is forming a competitive pattern of "deep - rooted in the domestic market" and "global expansion". (36Kr)

Zhejiang: Promote the joint overseas expansion of game content and smart terminals such as AR/VR glasses and smart motion - sensing game consoles

Recently, 17 departments including the Department of Commerce of Zhejiang Province issued the "Several Measures to Support Game Expansion Overseas". The "Measures" propose to support the development and cooperation of original high - quality games. Enterprises are encouraged to develop high - quality games, create independent cultural IPs, and promote the creation and production of key game works with high quality. Efforts should be made to discover and cultivate high - quality 3A game projects with positive value orientation, strong cultural attributes, and great growth potential. Enterprises are supported to incubate a number of excellent mini - game products and explore the overseas market for lightweight games. Game companies are encouraged to use historical and classic industrial culture, scenarios, and products in product creation, and are supported to strengthen cooperation with historical and classic industries, carry out IP licensing, brand co - branding, and cooperative development. Game companies are encouraged to strengthen cooperation with smart - terminal manufacturers to promote the joint overseas expansion of game content and smart terminals such as AR/VR glasses and smart motion - sensing game consoles. (36Kr)

Jensen Huang, the CEO of NVIDIA: It is expected that Europe's artificial - intelligence computing power will increase tenfold in the next two years

It is reported that Jensen Huang, the CEO of NVIDIA, predicts that Europe's artificial - intelligence computing power will increase tenfold in the next two years, and currently more than 20 "artificial - intelligence factories" are under construction. (Yicai Global)

CICC: Predicts that the long - term potential market for humanoid robots will exceed one trillion yuan

CICC points out that humanoid robots may be the best form of embodied intelligence. As one of the various forms of embodied intelligence, humanoid robots consist of a human - like body and an intelligent agent. Since 2020, the AI industry has entered an accelerated development stage. Governments around the world have positioned the humanoid - robot industry as a national strategy, and many technology companies have joined the competition in the humanoid - robot market. Looking forward, limited by technology and cost, the short - term applications of humanoid robots are still relatively limited, but in the long term, they will be able to handle a wide variety of tasks. CICC predicts that the long - term potential market will exceed one trillion yuan. (36Kr)

The cross - border e - commerce in the Yangtze River Delta region continues to grow, and the export of high - end equipment shows a good momentum

In the first four months, the total import and export value of the Yangtze River Delta region reached 5.29 trillion yuan, hitting a record high for the same period. In this good "report card", we can not only see the booming development of new trade forms such as cross - border e - commerce and market procurement, but also the good development momentum of high - end equipment represented by ships and machine tools, which provides strong support for the Yangtze River Delta to quickly develop new productive forces and promote high - quality development of foreign trade. (CCTV News)

The 5th Cross - border E - commerce Resource Matching Conference in the Four - Province Border Area of Quzhou in 2025, "Zhejiang's Global Expansion, Brand's Overseas Journey", is about to kick off On June 20, the 5th Cross - border E - commerce Resource Matching Conference in the Four - Province Border Area of Quzhou in 2025, "Zhejiang's Global Expansion, Brand's Overseas Journey", will be held in Quzhou! The event brings together global leading platforms, full - chain service providers, and university resources to provide one - stop resource - matching services for enterprises and help brands sail globally! (Zhejiang Daily)

This article is from the WeChat official account "Hangzhou Qiantang Service Base for Enterprises' Overseas Expansion". The author is Zhejiang Enterprises' Overseas Expansion. It is published with authorization from Qiantang.