The Frontline of Global Expansion | The 5th Global Digital Trade Expo will kick off in Hangzhou on September 23; The United States has reaped 3.5 bil

Overseas Expansion Milestones

Delegations from 123 countries and regions have registered to participate in the 26th China International Fair for Investment & Trade (CIFIT)

Xinhua News Agency, Beijing, August 25 - Reporters learned from the press conference held by the State Council Information Office on August 25 that the 26th China International Fair for Investment and Trade will be held in Xiamen, Fujian Province from September 8 to 11, and all preparatory work is now basically ready. For the first time, this year's CIFIT has set up a "dual guest of honor country" mechanism, with Finland and Saudi Arabia serving as the two guest countries. At present, delegations from 123 countries and regions have registered to participate, and 60 countries and regions have set up exhibition booths. Centering on the three major sections of "Invest in China", "China's Investment" and "International Investment", this CIFIT has planned 14 professional exhibition areas, fully showcasing hot investment fields including new quality productive forces, "Silk Road Maritime" and international supply chains. (Xinhua News Agency)

Ministry of Commerce: China has achieved fruitful economic cooperation results with other SCO member states

At the regular press conference of the Ministry of Commerce held today, the spokesperson of the Ministry of Commerce stated that in the 25 years since the founding of the Shanghai Cooperation Organization, the trade volume between China and other member states has increased from 12.1 billion US dollars in 2001 to 523.5 billion US dollars in 2025, accounting for 8% of China's total trade volume. China's investment scale in other member states has continued to expand, with the whole-industry direct investment reaching 3.3 billion US dollars in 2025, helping all countries improve their industrial development capacity and driving local economic growth and employment. (CCTV News)

The 5th Global Digital Trade Expo will kick off in Hangzhou on September 23

Co-hosted by the People's Government of Zhejiang Province and the Ministry of Commerce, the 5th Global Digital Trade Expo will be held at Hangzhou Grand Convention and Exhibition Center from September 23 to 27. With the annual theme of "Meet the AI Future at the Digital Trade Expo" and the exhibition concept of "Accessible, Interactive, Tradable", this expo will fully display the cutting-edge innovative achievements in the field of digital trade empowered by AI. Meanwhile, focusing on different tracks including international cooperation on digital trade, industry docking, supply-procurement docking and project investment attraction, it will set up themed activities, industrial activities, trade and investment promotion activities, as well as supporting featured sections such as concurrent competitions and performances, striving to present a "innovative, outstanding and breakout" grand digital trade event. (Zhejiang Online)

New Market Observation

New York State and New Jersey in the US generated 3.5 billion USD in economic benefits from the FIFA World Cup USA 2026, exceeding expectations

The 2026 FIFA World Cup New York & New Jersey Organizing Committee released a report on August 26, stating that the event brought 3.5 billion USD in economic benefits to the region, surpassing the initial estimate of 3.3 billion USD. According to the report, the 2026 Men's FIFA World Cup drove 1.9 billion USD in direct consumption across the two states, covering accommodation, catering, bars, shopping, transportation and other sectors. The event supported a total of 27,424 jobs, of which nearly 18,000 jobs were directly supported by World Cup operations and tourist consumption, while bringing 414.2 million USD in tax revenue to state and local governments, mainly from sales tax. (Jiemian News)

Tajikistan plans to build 1,100 new electric vehicle charging facilities within 3 years

Tajikistan's national news agency Khovar quoted the country's Ministry of Transport on August 24 as saying that Tajikistan plans to build 1,100 new electric vehicle charging facilities from 2026 to 2028, with an estimated investment of about 167 million somoni (approximately 18.07 million USD). According to the plan, 555 new charging facilities will be built in the capital Dushanbe, accounting for more than half of the total planned construction volume; 200 each will be built in Sughd Region and Khatlon Region, 110 in the Districts under Central Government Jurisdiction, and 35 in Gorno-Badakhshan Autonomous Region. (Chinanews.com) 

South Korea plans to invest 2.3 trillion won by 2030 to support full-stack humanoid robot R&D

The South Korean government announced on August 27 that it plans to invest 2.3 trillion won (approximately 16.6 billion USD) by 2030 to support domestic R&D of full-stack humanoid robots. The South Korean government plans to allocate 600 billion won in the budget next year to establish a mass production system for humanoid robots adapted to 10 key industries, and raise the localization rate of core components from the current 45% to 80%. It plans to procure 250 domestically produced humanoid robots in 2027, with a total procurement of 1,080 units by 2030, which will be distributed to major universities and public scientific research institutions for use. The South Korean Ministry of Economy and Finance also stated that South Korea's goal is to complete the full-stack humanoid robot technology breakthrough by 2031, including the development of an independent robot operating system. (Sina Finance) 

Corporate Updates

AliExpress tops Brazil's shopping app ranking, August sales surge 85%

According to data platform Data.ai, on the first day of the August promotion, AliExpress topped the download ranking of shopping apps in Brazil, surpassing platforms including Mercado Libre, Amazon, Temu and Shopee. Its sales volume on the first day skyrocketed 85% compared with the June promotion, with brand merchants represented by Brand+ becoming the main driving force of the growth. Since the beginning of this year, AliExpress has increased investment in the Brazilian market, with its two business lines of cross-border small parcels and overseas warehouse large and medium parcels in Brazil achieving explosive growth, and Chinese brands continuing to gain momentum. (Jiemian News)

Dreame's robotic vacuum cleaners have maintained a year-on-year growth rate exceeding 100% in emerging markets for two consecutive years

Dreame's robotic vacuum cleaners have entered a period of rapid growth in emerging markets. Official data shows that Dreame has completed the layout of a number of core strategic markets in emerging markets, with its business covering key countries such as Turkey, the United Arab Emirates, Saudi Arabia, India, Brazil, Mexico and Chile. Among them, the market share of Dreame's robotic vacuum cleaners has long ranked first in countries including Brazil, the United Arab Emirates and Mexico. In 2024 and 2025, the performance of Dreame's robotic vacuum cleaners in emerging markets achieved year-on-year growth of 139% and 173% respectively. (36Kr) 

Hyundai Motor plans to launch 100 all-new and facelifted models, focusing on the US hybrid vehicle market

Hyundai Motor CEO Jose Munoz announced the largest product launch plan in the automaker's history, stating that it will launch more than 100 all-new and facelifted models, aiming to challenge Toyota Motor in the fiercely competitive US hybrid vehicle market and fend off competition from rival brands in other regions around the world. South Korea's largest automaker will enter 18 new market segments, covering mid-size pickup trucks, light commercial vehicles and body-on-frame models. Among all the all-new and facelifted models, 58 will be launched in its largest market the US, 41 in Europe, 26 in India and 22 in China, with some models to be launched simultaneously across regions. (Sina Finance) 

Industry Trends

The UK performed the world's first real-time AI-assisted brain surgery

Doctors at the National Hospital for Neurology and Neurosurgery in London, UK performed the world's first real-time artificial intelligence (AI)-assisted brain surgery on a patient to remove a pituitary tumor. The patient has now recovered. Professor Hany Marcus, one of the lead surgeons, said that an average general surgeon in the UK performs about 10 to 20 pituitary tumor resection operations a year, while this AI is trained on hundreds of such operations, a number that is more than most surgeons will see or perform in their entire career, making it a reliable pair of "eyes". Marcus said their long-term goal is to develop a ChatGPT for surgeons, so that "there is an extra expert in the operating room that doctors can consult when needed — and they don't have to follow the advice if they don't agree with it." (Xinhua News Agency) 

Shifting from product export to local ecosystem rooting, new energy commercial vehicles' overseas expansion enters the fast lane

The overseas expansion of China's new energy commercial vehicles is reaching an inflection point. Relying on the complete domestic industrial chain foundation, the overseas market development of multiple product lines including heavy trucks, logistics vehicles and Robovan is accelerating simultaneously, with batches of orders landing one after another. The significant operating cost advantage brought by the price difference between oil and electricity, coupled with policy promotion in various countries, has continuously opened up the growth space for new energy commercial vehicles overseas. However, going global is not just simple product trade export. There are big differences in regulations, working conditions and infrastructure conditions across countries, and problems such as certification barriers, maintenance shortcomings and localization adaptation are urgently to be solved. Enterprises are breaking away from the simple "selling vehicles" mindset, and output integrated solutions covering complete vehicles, energy replenishment, digital management and asset disposal. According to industry experts, as the dimension of industry competition continues to upgrade from trade, manufacturing, channels to a complete ecosystem, only by realizing the stable operation of vehicles throughout the full life cycle and truly taking root in local markets can China's new energy commercial vehicles build long-term overseas competitiveness. (Shanghai Securities News)

With continuous incoming orders, Chinese smart pet products are rapidly expanding into the global market

The 28th Asia Pet Expo, which concluded in Shanghai on August 23, attracted more than 2,600 exhibitors at home and abroad, hitting a record high in scale. A large number of overseas purchasers came to the site to inspect Chinese smart pet products. Statistics from Ningbo Customs show that the declared export value of pet-related products in the first half of this year reached 2.24 billion yuan, a year-on-year increase of 21.7%, showing a strong growth momentum of exports. Experts said that Chinese enterprises' expansion into the overseas pet market relies not only on the complete and mature domestic supply chain system, but also on the confidence and bargaining power brought by the efficient full-chain collaboration covering chips, sensor modules, structural parts, complete machine assembly and intelligent software system development. Hardware export is only the starting point, and subsequent derivative businesses including AI algorithms, supporting apps, cloud services and product ecosystems will release greater market potential. (CCTV Finance)

This article is from the WeChat official account "Zhejiang Enterprises Overseas Comprehensive Service Port".