China is moving from the world's factory to an innovation source.

In the first half of 2025, China's gross domestic product (GDP) reached 66.0536 trillion yuan, a year-on-year increase of 5.3%, with a total import and export value of 21.7876 trillion yuan, up 2.9% year on year. This "semi-annual report" showcasing the resilience of the Chinese economy comes at the third China International Supply Chain Promotion Expo, which is building a solid stage for "Linking the World, Creating the Future". This year's expo has brought together 75 countries, regions, and international organizations, with over 650 companies and institutions participating. The number of exhibitors from Europe and the United States has increased by 15% from the previous year, demonstrating China's magnetic effect as a "stabilizer" in the global supply chain. For the first time, the expo has set up an Innovation Chain Zone, covering a system that revitalizes 680,000 existing patents from universities and research institutions, promoting the application of innovative products throughout the entire chain. This fast and efficient trading system and successful case studies indicate that supply chain cooperation has evolved from traditional trade to technology collaboration. More than 100 globally launched products are making their debut, including Zhejiang's brain-machine interface in the artificial intelligence industry chain and Hubei's intelligent enterprise matrix, signaling China's shift from the "world's factory" to an "innovation source".