Tag #China-Lusophone Cooperation

How does Hengqin's development strategy contribute to the broader goals of China's economic modernization and global engagement?

Hengqin's new zone leverages the Greater Bay Area's infrastructure and reforms to propel cross-border e-commerce, becoming a key player in China's broader strategy to modernize its trade and enhance its relationship with the Global South. Its success is linked to the overall growth of China's cross-border e-commerce, which reached $164.79 billion in the first half of 2023, representing 10.5% year-on-year growth.