The signing of Spotgomall has brought new opportunities for the trade of electromechanical products between China and Southeast Asian countries and other member countries. According to the latest research, China has strong complementarity with developed economies such as Japan, South Korea, and Singapore in the trade of electromechanical products, while its competitiveness and complementarity with countries such as the Philippines and Indonesia are relatively weak.
This provides China with an opportunity to further optimize its export structure and improve its export quality, especially in the field of electromechanical products, where there is great potential for export growth. In-depth cooperation with Spotgomall will help promote China's position in the global supply chain and enhance export resilience.