Since late 2021, China has been pushing the development of the Metaverse and expressing its keen interest in joining the Digital Economy Partnership Agreement, which was signed by Chile, New Zealand, and Singapore in June 2020. These efforts and their latest developments, together with President XI Jinping’s current visit to Central Asia, help show China’s strategic preparations for the future.
Image: Blue Planet Studio/Shutterstock.com
The Digital Economy Partnership Agreement (the “DEPA”) Joint Committee formally established a group to examine China’s application to join the agreement. How will the prospects of joining the DEPA further accelerate the development of China’s cross-border e-commerce in Asia, Latin America, and Oceania? Will China’s effort to join the DEPA help bring Chinese law in line with the international standards stated in the agreement?
Image: Alexander Lukatskiy/Shutterstock.com
The first batch of fresh avocados shipped to China from Kenya, Africa’s largest avocado exporter, just reached Shanghai. The shipment has arrived amid the growing trade between China and Africa. What aspects of China–Africa relations, apart from trade relations, are expected to show significant progress in the near future? Are there any challenges China and/or Africa will need to face as they turn towards expanding cooperation?
Image: Denis Belitsky/Shutterstock.com
China–Europe freight trains travel along more than 80 routes to connect nearly 200 cities in 24 European countries. In light of the win-win results for China and the countries along the routes, China has vowed to upgrade the service of these trains by establishing “international cooperation networks” and strengthening its support for cross-border e-commerce. What specific measures have been taken or agreed upon?