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What are the characteristics of emerging markets such as Southeast Asia, Latin America, the Middle East, and Africa?

I. Southeast Asia Market Characteristics: High mobile penetration, high social media penetration, young consumers dominate; Shopping Attitudes: High cost-performance products, not high requirements for sources of goods; Hot-selling Categories: Motors, machinery, plastics, steel, mineral fuels, home furniture, vehicles, organic chemicals, knitting and weaving; Payment Habits: Cash payment, digital wallets; Main Challenges: Price sensitive, volume is the norm, last-mile logistics. II. Latin America Market Characteristics: Young consumers dominate, 2/3 of users are social media users, 80% of shopping is done on mobile clients; Shopping Attitudes: Product selection refers to European and American celebrities and internet celebrities, the middle and end of the month are shopping peaks, keen on product review research; Hot-selling Categories: Motors, machinery, vehicles and parts, steel, chemical products and other industrial finished products, parts, home furniture, clothing, toys; Payment Habits: Credit card payment, bank account transfer (A2A); Main Challenges: Poor logistics infrastructure, high customs clearance difficulty. III. Middle East Market Characteristics: Female consumers dominate, many wealthy classes, strong purchasing power; Shopping Attitudes: Focus on product quality, high customer unit price and high consumption, sensitive to delivery time; Hot-selling Categories: Motors, machinery, steel, automobiles and other industrial finished products, parts, home furniture, clothing, shoes, umbrellas, ceramics; Payment Habits: Credit card payment, bank account transfer (A2A); Main Challenges: Poor logistics infrastructure, low delivery rate, high return rate. IV. Africa Market Characteristics: Young consumers dominate, large proportion of low- and middle-income groups; Shopping Attitudes: Pursue cost-effectiveness, long consideration cycle, pay attention to etiquette atmosphere; Hot-selling Categories: Machinery, vehicles and parts, electronic components, wigs and hairdressing, clothing, home furniture; Payment Habits: Cash payment; Main Challenges: Poor infrastructure, difficult delivery problems, online payment habits have not yet been formed. V. Exhibition Recommendation: Nigeria (Lagos) China Commodities Expo China Commodities Expo-Nigeria 2024 November 5-8, 2024 Landmark Exhibition Center, Lagos, Nigeria Exhibit Range: 01 Engineering Machinery Excavators, cranes, earthmoving machinery, road construction machinery, concrete equipment, transportation equipment, drilling equipment, compaction equipment, pipeline construction equipment, cleaning equipment, mining machinery, petroleum equipment, etc.; 02 Agricultural Machinery Tillage machinery, planting and fertilization machinery, field management machinery, harvesting machinery, post-harvest processing equipment, agricultural product processing machinery, animal husbandry and aquaculture machinery, irrigation and drainage machinery, agricultural machinery parts, etc.; 03 Vehicles and Parts Used cars, passenger cars and parts, commercial vehicles and parts, motorcycles and parts, etc.; 04 Power Equipment Power generation equipment, power transmission equipment, power distribution equipment, power system control equipment, power protection equipment, battery systems, etc.; 05 Hardware and Building Materials Building hardware, stainless steel, color steel plates, aluminum-plastic panels, aluminum profiles, wood panels, building decoration materials, hardware products, hand tools, etc.; 06 Electronic Appliances Electronic components, power supply equipment, information and communication equipment, consumer electronics, household appliances, etc.; 07 Solar Energy and Photovoltaic Products Solar inverters, solar lamps, solar panels, solar water pumps, photovoltaic components, etc.; 08 Beauty Products Skin care products, makeup products, hair care products, personal care products, beauty tools, etc.; 09 Other Exhibits Home supplies, textiles and clothing (adult and baby clothing, batik), food (seasonings, alcoholic and non-alcoholic beverages, etc.), personal protective equipment and medical devices, plastics industry and products, chemical products, etc. South America Food Fair - Peru International Food and Machinery Packaging Exhibition Exhibition Time: September 25-27 Exhibition Cycle: Annual Exhibition Location: Lima, Peru Exhibition Hall Name: Centro de Exposiciones Jockey Exhibit Range 1. Snacks 2. Agricultural and sideline products 3. Food ingredients 4. Food processing and packaging machinery 5. Food packaging products 6. Refrigerators, cold chain equipment, catering supplies and equipment, freezing technology

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07-16

What are the characteristics of emerging markets such as Southeast Asia, Latin America, the Middle East, and Africa?

Analysis of China's Exports to Latin American Countries

1. Strong Relationship Between Latin America and China On June 12, 2023, Honduras officially signed a memorandum of understanding on jointly building the "Belt and Road", increasing the number of Latin American countries participating in the "Belt and Road" initiative to 22. On August 31 of the same year, the China-Nicaragua Free Trade Agreement was officially signed. This is China's fifth free trade partner in Latin America, following Chile, Peru, Costa Rica, and Ecuador. 2. Robust Latin American Economy According to the GDP data released by the International Monetary Fund in April 2023, Mexico, Brazil, and Argentina are all among the top 20 in the world, while Uruguay, Colombia, Chile, and Peru are also among the top 50. II. Analysis of China's Exports to Latin America In July 2023, China's exports to Latin America reached US$21.846 billion, with cumulative exports reaching US$140.755 billion from January to July. Currently, China has become the second largest trading partner of Latin America, making Latin America an important export market for China. Among the Latin American countries that import from China, the top ten are shown in the chart above. Mexico and Brazil's export amounts are far ahead, together accounting for more than half of the total. Chile, Colombia, Argentina, and Peru follow. 2. What does China export to Latin American countries? For ease of statistics, only the top five countries are used as representatives to analyze the types of products they import from China. ● Mexico: The top ten exported products include LCD panels, smartphones, color TV receivers, and passenger cars. Aluminum alloy products, photovoltaic cells, luggage, integrated circuits, air conditioners, and printed circuits are also popular in the local market. ● Brazil: Photovoltaic components and floating or submersible drilling or production platforms have significantly higher export values than other products. Inverters, wireless phone parts, herbicides, ammonium sulfate, and polyester filament dyed fabrics are also among the top ten. In addition, color digital receivers, electric passenger vehicles, integrated circuits, pneumatic rubber tires, lithium batteries, luggage, video games, toys, and gear transmission shafts are also popular. ● Chile: Photovoltaic cells, smartphones, and lithium batteries are among the top three most popular products, followed by portable automatic data processing equipment, passenger cars, other trains, toys, chemical fiber knitted and crocheted clothing, and passenger cars (ranks 4-10). In addition, pneumatic rubber tires, grinding balls and similar products for grinding machines, footwear, chemical fiber cold-proof clothing, fish oil and its products, cotton socks, and steel plates also account for a considerable proportion. ● Argentina: Among the products imported by Argentina from China, the proportion of handheld wireless phone parts is the largest, followed by caprolactam and its derivatives, air conditioners, smartphones, and other non-halogenated organophosphorus derivatives. In addition, unnamed compounds containing a non-fused pyridine ring in their structure, motorcycles, lithium batteries, toy models, other optical communication equipment, other valves, and photovoltaic components are also popular. ● Colombia: Among China's exports to Colombia, smartphones, photovoltaic cells, and portable automatic data processing equipment account for a considerable proportion. Pneumatic rubber tires, toys, motorcycles and bicycles, iron or non-alloy steel rolled plates, television receivers, and work clothes are also among the top ten. In addition, polyethylene terephthalate chips, other alloy steel cold-rolled sheets, motorcycle parts and accessories, pneumatic tires, luggage, polyester filament dyed fabrics (≥85%), herbicides, and LED lights are also popular. Although there are differences among countries, China's export advantages to Latin America are concentrated in industrial finished products and parts such as smartphones, lithium batteries, photovoltaic cells, vehicles and parts, steel, and chemicals, as well as consumer goods such as furniture, clothing, and toys. III. Exhibition Recommendation FIB 2024 Colombia International Industrial Exhibition Exhibition Time: September 23-27, 2024 Exhibition Cycle: Biennial Exhibition Location: Bogota, Colombia Organizer: Shandong Zhenghe International Exhibition Co., Ltd. 1. Market Introduction: In recent years, the South American market has continued to heat up. With economic development, Colombia's economic structure has also undergone tremendous changes. The proportion of agriculture, including forestry, fishing, and hunting, in the GDP has decreased from 39.6% to 17.4%, while the proportion of industry (including mining, construction, gas, water, electricity, and manufacturing) has increased from 16.8% to 34.8%, mainly importing machinery and equipment, chemical products, textiles, and metal materials. Data shows that from January to November 2023, China's total exports to Colombia amounted to US$1,139,546.36 million. China mainly exports telephones, computers, steel, organic chemicals, vehicles and their parts, etc., while mainly importing crude oil, nickel iron, waste copper, raw hides and leather, etc., from Colombia. China is Colombia's second largest import source and second largest export market. The Bogota Industrial Exhibition, started in 1954, is held biennially and organized by CORFERIAS, Colombia's largest exhibition company. As the largest and longest-running industrial exhibition in Colombia, its influence has covered the entire South American region. 2. Exhibit Range: Machine Tools and Metalworking Technology Metal cutting machine tools, metal forming machine tools, gear processing machine tools, surface treatment, testing equipment, cutting tools, automation equipment, measuring instruments, electric spark cutting equipment, welding equipment and technology, plasma, water jet, laser cutting and oxygen cutting equipment, industrial equipment, fluid and lubrication systems, air, hydraulic and pneumatic automation; pneumatic and manual tools, control technology, robotics, diagnostic sensing technology, peripheral equipment and services, various machine tool accessories. Metallurgy and Casting (1) Subcontracting and subcontracting: castings and forgings, bearings, fasteners, metal finished parts, solid forming, non-cutting technology parts, machine-cut metal parts, auto parts, component assembly and metal structures, tools and die-making, standard parts, molds, auto parts, locks and accessories, plastic parts and rubber processing, production assembly services, metal furnaces, annealing furnaces, etc. (2) Materials: steel, aluminum and other metals, ceramics, polymers (engineering materials), composite materials and various other industrial materials and compounds. Transmission Technology (1) Fluid power transmission: hydraulic technology, pneumatic technology, sealing technology. (2) Mechanical transmission, parts and manufacturing equipment, technology: gear transmission, chain transmission, belt transmission, transmission connecting parts, fasteners, various mechanical equipment and testing instruments, bearings and bearing parts, linear motion systems, linear motion drive components/systems, linear motion systems, electromechanical actuators, etc., electrical transmission, compressed air technology. Industrial Automation (1) Electrical transmission: general industrial motors, special industrial motors, servo motors, general small motors, special design small motors, frequency converters, inverters and components, electric drive control systems, electric drive speed regulators, electromagnetic equipment, magnets, electric motor components, etc. (2) Electrical engineering: control technology, measurement technology, regulator technology, industrial computers, networks/industrial communication, radio automation, embedded systems, sensor systems, industrial image processing, testing equipment. (3) Mechanical engineering: automated production lines for automobiles, aircraft, ships, and high-end machinery manufacturing, robotic arms, intelligent production, assembly equipment and technology. (4) Robotics: welding robots, painting robots, handling robots, assembly robots, Cartesian robots, other industrial robots; industrial image processing systems; industrial lenses, industrial cameras, light source systems, machine vision integrated system accessories and auxiliary products. (5) Automation instruments and meters: intelligent instruments, transducers, regulators, flow meters, control valves, actuators and control valves, positioners, weighing devices, sensors, etc. Refrigeration, Air Conditioning and Ventilation Equipment Plastic Machinery Engineering and Mining Machinery Energy Technology and Equipment Logistics and Transportation Security Equipment and Technology 3. Contact Information: Shandong Zhenghe International Exhibition Co., Ltd. 9th Floor, Xiangtai Plaza, No. 129, Yingxiongshan Road, Shizhong District, Jinan City, Shandong Province Wang Liying: 0531-86078151/15054170277 Wu Liming: 0531-86975005/18766128077 Duan Qi: 0531-82761908/13969146912 Email: zhenghefair@126.com Website: www.brightway.com.cn

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07-16

Analysis of China's Exports to Latin American Countries

General Administration of Customs: China's total import and export value of goods trade reached 21.17 trillion yuan in the first half of the year, a year-on-year increase of 6.1%

According to the General Administration of Customs website, customs statistics show that in the first half of the year, China's total import and export value of goods reached RMB 21.17 trillion, an increase of 6.1% year-on-year (the same below). Exports totaled RMB 12.13 trillion, up 6.9%; imports reached RMB 9.04 trillion, up 5.2%; and the trade surplus was RMB 3.09 trillion, an increase of 12%. In US dollar terms, China's total import and export value in the first half of the year was US$2.98 trillion, an increase of 2.9%. Exports totaled US$1.71 trillion, up 3.6%; imports reached US$1.27 trillion, up 2%; and the trade surplus was US$43.5 billion, an increase of 8.6%. The main characteristics of China's import and export in the first half of the year are: I. Trade volume hits a new high, and quarterly trends continue to improve In the first half of the year, China's import and export volume exceeded RMB 21 trillion for the first time in the same period of history; the growth rate of import and export accelerated quarter by quarter, with a growth of 7.4% in the second quarter, 2.5 and 5.7 percentage points higher than in the first quarter and the fourth quarter of last year respectively, further consolidating the positive momentum of foreign trade. II. General trade, processing trade, and bonded logistics import and export all increased In the first half of the year, China's general trade import and export totaled RMB 13.76 trillion, an increase of 5.2%, accounting for 65% of China's total foreign trade. Exports totaled RMB 8.01 trillion, up 8.5%; imports reached RMB 5.75 trillion, up 1%. In the same period, processing trade import and export totaled RMB 3.66 trillion, an increase of 2.1%, accounting for 17.3%. Exports totaled RMB 2.32 trillion, down 1.3%; imports reached RMB 1.34 trillion, up 8.5%. In addition, China's import and export through bonded logistics reached RMB 2.96 trillion, an increase of 16.6%. Exports totaled RMB 1.12 trillion, up 13.2%; imports reached RMB 1.84 trillion, up 18.9%. III. Import and export with ASEAN, the United States, and South Korea increased In the first half of the year, ASEAN was China's largest trading partner, with total trade between China and ASEAN reaching RMB 3.36 trillion, an increase of 10.5%, accounting for 15.9% of China's total foreign trade. Exports to ASEAN totaled RMB 2.03 trillion, up 14.2%; imports from ASEAN reached RMB 1.33 trillion, up 5.2%; and the trade surplus with ASEAN was RMB 699.49 billion, an increase of 36.5%. The EU was China's second largest trading partner, with total trade between China and the EU reaching RMB 2.72 trillion, down 0.7%, accounting for 12.8%. Exports to the EU totaled RMB 1.78 trillion, up 0.5%; imports from the EU reached RMB 938.87 billion, down 2.9%; and the trade surplus with the EU was RMB 837.67 billion, an increase of 4.6%. The United States was China's third largest trading partner, with total trade between China and the United States reaching RMB 2.29 trillion, an increase of 2.9%, accounting for 10.8%. Exports to the United States totaled RMB 1.71 trillion, up 4.7%; imports from the United States reached RMB 577.97 billion, down 2%; and the trade surplus with the United States was RMB 1.14 trillion, an increase of 8.4%. South Korea was China's fourth largest trading partner, with total trade between China and South Korea reaching RMB 1.13 trillion, an increase of 7.6%, accounting for 5.3%. Exports to South Korea totaled RMB 516.95 billion, down 0.6%; imports from South Korea reached RMB 609.02 billion, up 15.7%; and the trade deficit with South Korea was RMB 92.07 billion, an increase of 14.3 times. In the same period, China's total import and export with countries jointly building the "Belt and Road" initiative reached RMB 10.03 trillion, an increase of 7.2%. Exports totaled RMB 5.62 trillion, up 8.4%; imports reached RMB 4.41 trillion, up 5.8%. IV. Import and export of private enterprises, foreign-invested enterprises, and state-owned enterprises all increased In the first half of the year, private enterprises' import and export totaled RMB 11.64 trillion, an increase of 11.2%, accounting for 55% of China's total foreign trade, an increase of 2.5 percentage points from the same period last year. Exports totaled RMB 7.87 trillion, up 10.7%, accounting for 64.9% of total exports; imports reached RMB 3.77 trillion, up 12.3%, accounting for 41.8% of total imports. In the same period, foreign-invested enterprises' import and export totaled RMB 6.17 trillion, an increase of 0.2%, accounting for 29.1% of China's total foreign trade. Exports totaled RMB 3.31 trillion, down 0.1%; imports reached RMB 2.86 trillion, up 0.5%. State-owned enterprises' import and export totaled RMB 3.31 trillion, an increase of 1.2%, accounting for 15.6% of China's total foreign trade. Exports totaled RMB 931.28 billion, up 1.9%; imports reached RMB 2.37 trillion, up 1%. V. Electromechanical products account for nearly 60% of exports, with exports of automatic data processing equipment and parts, integrated circuits, and automobiles increasing In the first half of the year, China's exports of electromechanical products totaled RMB 7.14 trillion, an increase of 8.2%, accounting for 58.9% of total exports. Automatic data processing equipment and parts totaled RMB 683.77 billion, up 10.3%; integrated circuits totaled RMB 542.74 billion, up 25.6%; automobiles totaled RMB 391.76 billion, up 22.2%; and mobile phones totaled RMB 388.28 billion, down 1.7%. In the same period, exports of labor-intensive products totaled RMB 2.07 trillion, an increase of 6.6%, accounting for 17.1%. Garments and clothing accessories totaled RMB 524.43 billion, up 3%; textiles totaled RMB 492.67 billion, up 6.5%; and plastic products totaled RMB 377.64 billion, up 11.7%. Exports of agricultural products totaled RMB 344.43 billion, up 5.2%. In addition, exports of steel totaled 53.4 million tons, an increase of 24%; refined oil totaled 30.094 million tons, a decrease of 3.8%; and fertilizers totaled 12.606 million tons, a decrease of 0.8%. VI. Imports of major bulk commodities such as iron ore, coal, and natural gas increased In the first half of the year, China imported 611 million tons of iron ore, an increase of 6.2%, with an average import price (the same below) of RMB 841.8 per ton, up 7%; 275 million tons of crude oil, a decrease of 2.3%, with an average price of RMB 4316.3 per ton, up 7.9%; 250 million tons of coal, an increase of 12.5%, with an average price of RMB 716.3 per ton, down 17%; 64.652 million tons of natural gas, an increase of 14.3%, with an average price of RMB 3488.5 per ton, down 10.5%; 48.481 million tons of soybeans, a decrease of 2.2%, with an average price of RMB 3691.4 per ton, down 15.8%; and 25.076 million tons of refined oil, an increase of 9.9%, with an average price of RMB 4330.6 per ton, up 7.9%. In addition, imports of primary-shaped plastics totaled 14.202 million tons, an increase of 0.1%, with an average price of RMB 10,800 per ton, down 1%; and unwrought copper and copper materials totaled 2.763 million tons, an increase of 6.8%, with an average price of RMB 65,900 per ton, up 8.6%. In the same period, imports of electromechanical products totaled RMB 3.25 trillion, an increase of 10.1%. Integrated circuits totaled 258.89 billion units, an increase of 14.1%, with a value of RMB 1.27 trillion, up 14.4%; and automobiles totaled 332,000 units, a decrease of 4.1%, with a value of RMB 132.35 billion, down 11.8%. From China.com.cn Finance

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07-16

General Administration of Customs: China's total import and export value of goods trade reached 21.17 trillion yuan in the first half of the year, a year-on-year increase of 6.1%

China has achieved comprehensive visa exemption with 22 countries, significantly improving the convenience of outbound travel.

Singapore, recently officially announced, is expected to become a popular choice for citizens' outbound travel during the Spring Festival. According to Xinhua News Agency, the "Agreement between the Government of the People's Republic of China and the Government of the Republic of Singapore on Mutual Visa Exemption for Holders of Ordinary Passports" was officially signed on January 25, 2024. The agreement will officially take effect on February 9, 2024 (Lunar New Year's Eve). At that time, ordinary passport holders from both sides can enter the other country without a visa for private affairs such as tourism, visiting relatives, and business, for a stay not exceeding 30 days. China has achieved comprehensive mutual visa exemption with 22 countries. As of now, China has concluded mutual visa exemption agreements with 157 countries covering different types of passports, and reached agreements or arrangements to simplify visa procedures with 44 countries. Comprehensive mutual visa exemption has been achieved with 22 countries, including Singapore, Maldives, and Kazakhstan. In addition, more than 60 countries and regions provide visa-free or visa-on-arrival convenience for Chinese citizens. The convenience for Chinese citizens to travel abroad has significantly increased, and the "gold content" of the Chinese passport will become higher and higher.

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07-14

China has achieved comprehensive visa exemption with 22 countries, significantly improving the convenience of outbound travel.

In the first half of the year, the number of inbound and outbound travelers at Shandong ports increased by 137.6%.

Reporters learned from the Shandong Exit-Entry Frontier Inspection General Station on July 6 that in the first half of this year, border inspection agencies across the province inspected a total of more than 26,300 inbound and outbound transport vehicles, an increase of 25.7% year-on-year; and 976,700 inbound and outbound personnel, an increase of 137.6% year-on-year. At present, a total of 21 passenger routes have been opened at airports across the province. Among them, Qingdao Jiaodong International Airport has the most routes, with a total of 14 international and regional passenger routes, including Seoul, Busan, Tokyo, Osaka, London, Bangkok, Dubai, Moscow, and Singapore. After the implementation of "Class B and Class B management" for novel coronavirus infection, border inspection agencies across the province focused on the actual increase in passenger traffic, timely released China's immigration management and entry-exit policies, guided inbound and outbound personnel to plan reasonable itineraries and avoid risks, scientifically set up special channels for Chinese citizens, and made full use of express channels. Since May 15, express channels at four airport passenger ports (Jinan, Qingdao, Yantai, and Weihai) have been fully restored.

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07-10

In the first half of the year, the number of inbound and outbound travelers at Shandong ports increased by 137.6%.
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