Group 1 - The engineering consulting services sector experienced a decline of 0.99% on January 20, with Huatuo Shanding leading the drop [1] - The Shanghai Composite Index closed at 4113.65, down 0.01%, while the Shenzhen Component Index closed at 14155.63, down 0.97% [1] - Notable gainers in the engineering consulting services sector included New City, which rose by 5.42% to a closing price of 14.58, and Suzhou Planning, which increased by 5.20% to 25.49 [1] Group 2 - The engineering consulting services sector saw a net outflow of 105 million yuan from institutional investors, while retail investors experienced a net outflow of 9.5457 million yuan [2] - The sector's stocks showed varied performance in terms of capital flow, with Taiji Industrial receiving a net inflow of 78.18 million yuan from institutional investors [3] - The overall trading volume for the sector was significant, with New City recording a trading volume of 134,000 shares and a transaction value of 191 million yuan [1]

集团正就裁决寻求法律意见。当集团根据上市规则采取进一步行动时，将另行作出回应。公司认为裁决 对集团整体现有业务营运并无重大不利影响。 新城市（300778）建设发展(00456)发布公告，于2026年1月16日，董事会接获惠州仲裁委员会作出的仲 裁裁决，根据裁决，公司附属公司芙地国际控股有限公司、洛阳万亨置业有限公司及Kayuan Enterprise Investment Co.Limited作为被申请人败诉，须向广东畅纳投资开发有限公司(独立于集团的第三方)(申请 人)作出损害赔偿人民币2333.98万元并支付仲裁费用人民币29.2万元。裁决源于违约，涉及申请人与被 申请人在集团日常业务过程中于2023年8月10日就(其中包括)中国广州畅流工业园区(由集团拥有)的租赁 安排订立的发展合作合同。 ...

Core Viewpoint - The company has received an arbitration ruling requiring it to pay damages of RMB 23.3398 million and arbitration costs of RMB 292,000 due to a breach of contract related to a development cooperation agreement [1] Group 1: Arbitration Details - The arbitration ruling was issued by the Huizhou Arbitration Commission on January 16, 2026 [1] - The company’s subsidiaries, including Fudi International Holdings Limited, Luoyang Wanheng Real Estate Co., Ltd., and Kayuan Enterprise Investment Co. Limited, were the respondents in the arbitration [1] - The ruling involves a development cooperation contract established on August 10, 2023, concerning the leasing arrangements for the Guangzhou Changliu Industrial Park, which is owned by the group [1] Group 2: Financial Implications - The total amount to be paid by the company includes RMB 23.3398 million in damages and RMB 292,000 in arbitration fees [1] - The company is seeking legal advice regarding the arbitration ruling [1] - The company believes that the ruling will not have a significant adverse impact on its overall business operations [1]

Core Viewpoint - New City Construction Development (00456.HK) has received a letter regarding the appointment of joint and several receivers and managers for 86,485,742 shares, representing approximately 46.35% of the company's issued shares as of the announcement date [1] Group 1 - The receivers, Ma Demin and Li Yinglin, were appointed on January 8, 2026, to manage the pledged securities [1] - The receivers have the authority to exercise all powers under the security agreement, including the rights to take control of the pledged securities, register them in their name, appoint nominees, collect dividends, and sell the pledged securities [1] - There is currently no information on how the receivers will handle the pledged securities during enforcement, which may lead to a change in the company's control [1]

Core Viewpoint - The implementation of 24-hour smart labor union stations using digital technology addresses the needs of outdoor workers, enhancing urban development by providing timely support and services [1] Group 1: Service Innovation - The city aims to transform service delivery from "government providing services" to "citizens requesting services," ensuring a more precise alignment with diverse community needs [1] - A closed-loop mechanism is established for key demographics, such as the elderly and new employment groups, to convert their urgent needs into a service innovation list [2] Group 2: Digital Infrastructure - There is a push for increased investment in digital infrastructure to connect various city systems and departments, breaking down barriers and data silos [2] - The goal is to create "smart+" service scenarios that utilize public service data to identify service gaps and dynamically allocate resources [2] Group 3: Sustainable Service Development - The focus is on transitioning service innovations from pilot projects to regular services, ensuring that benefits for citizens are consistently realized [2] - A mechanism for promoting service innovations is to be established, allowing for the replication and expansion of successful service projects to benefit a larger number of workers [2]

Group 1 - The central economic work conference emphasizes the need for high-quality urban renewal, with Taiyuan focusing on green transformation and smart governance to empower high-quality economic and social development [1] - The renovation of Tiancheng Road, a crucial thoroughfare for over 20,000 residents, has been completed, featuring a dual four-lane design and improved safety for vehicles and pedestrians [1] - Taiyuan is advancing various underground infrastructure projects, including the establishment of a smart monitoring system for underground pipelines to ensure orderly operation [1] Group 2 - During the 14th Five-Year Plan, Taiyuan has implemented 2,932 old community renovations benefiting 545,000 households, constructed or renovated 125.8 kilometers of urban roads, and updated over 1,900 kilometers of various underground pipelines [2] - The city aims to transition from passive maintenance to proactive prevention in underground pipeline management, utilizing digital management and precise diagnostics [2] - Looking ahead to the 15th Five-Year Plan, Taiyuan plans to identify urban renewal needs accurately and implement projects that enhance residents' convenience and quality of life [2]

Core Insights - The geographical landscape of China's consumer market is shifting from traditional first-tier cities to emerging urban areas, indicating a significant change in consumption growth dynamics and brand competition [1][7] Group 1: Consumption Trends - The "Box District Housing Index" shows that cities like Shijiazhuang, Xuzhou, and Linyi have indices of 171, 141, and 127 respectively, significantly above the national average of 100, highlighting the rising consumption power in these emerging cities [1] - Retail brands such as Xixifu Bookstore and outdoor brand Salomon are expanding into emerging markets, confirming the trend of a silent yet profound geographical migration in consumption [1] - Consumers in emerging cities are increasingly seeking quality and unique experiences, aligning their demands with those of consumers in first-tier cities [3][4] Group 2: Industrial Upgrades - Industrial upgrades are driving the transformation of cities and reshaping the consumption base, with cities like Yibin becoming key players in the power battery industry, achieving over 100 billion in output value in both 2023 and 2024 [2] - Hefei has emerged as a leader in the new energy vehicle sector, producing 1.097 million vehicles from January to October 2025, and hosting numerous core component enterprises, establishing a robust industrial cluster [2] Group 3: Consumer Behavior Changes - The influx of skilled workers and rising disposable incomes in emerging cities are creating a new consumer demographic with unique spending power, leading to increased consumption [3] - Data shows that 55.7% of non-first-tier cities have GDP growth rates exceeding the national average, with 65.2% of third-tier cities and 60.7% of fourth-tier cities also outperforming the national growth rate [3] Group 4: Retail Innovations - Brands like Hema are transforming traditional shopping experiences into multi-functional destinations that combine dining, socializing, and shopping, thus enhancing consumer engagement [6] - Hema's new stores have seen immediate success, with significant sales figures reported on opening days, indicating strong market demand and consumer interest [6] Group 5: Future Outlook - The shift in consumption dynamics suggests that retail brands capable of maintaining competitiveness in high-tier cities while successfully penetrating emerging markets will likely emerge as the biggest winners [7][8] - The evolving consumer landscape in emerging cities is characterized by a growing demand for quality products and experiences, which is reshaping the retail industry [8]

世界10大港口中，中国占有多席。时逢"十四五"收官、"十五五"开局，多家港口再度交出亮眼成绩单。 2025年，上海港集装箱吞吐量突破5506万标箱，再创历史新高，连续16年位居世界第一。与此同时，宁 波舟山港也传来好消息：2025年完成货物吞吐量突破14亿吨，连续17年位居全球第一，一举成为全球首 个迈入"14亿吨"级的超级大港。 港口表现素来被视为经济的"晴雨表"。作为中国最具代表性的两座超级大港，吞吐量能够在高位上实现 持续突破，这是自身运营实力提升的体现，也折射出中国外贸的韧性与活力。 这是2026 年1月8日拍摄的宁波舟山港穿山港区（无人机照片）。 本文图均为 新华社 图 上海港、舟山港，为何都是"世界第一" 首先需要解释的是，宁波舟山港与上海港两个"世界第一"的区别。 前者连续17年霸榜全球，凭借的指标是货物吞吐量，即按进出港货物的总重量计算，单位为"吨"；上海 港领先的则是集装箱吞吐量，按标准箱的数量统计，单位为"标箱"。 这种差异的形成，除了受自然禀赋、区位等因素影响，也与两者的战略定位直接相关。关于这一点， 《长江三角洲区域一体化发展规划纲要》中的相关表述就给出了直观区分——做大做强上海国际航 ...

Core Viewpoint - Hema, a new retail giant under Alibaba, is set to enter Weihai, bringing its fresh food shopping experience to local residents, which has generated significant excitement in the community [1][3]. Group 1: Hema's Expansion - Hema will open a store in Weihai's Weigao Plaza, marking its expansion into a new city [1]. - By 2025, Hema plans to enter 40 new cities and open over 200 new stores, with nearly 500 Hema Fresh stores and 400 Super Hema stores currently in operation across the country [3]. Group 2: Unique Selling Propositions - Hema offers a "30-minute rapid delivery" service, allowing customers within a 3-5 km radius to receive fresh ingredients quickly after placing an online order, with an online order ratio of 63% [3]. - The seafood section of Hema is described as a "seafood supermarket," where customers can select live seafood for immediate cooking, showcasing a supply chain that spans over 50 countries [4]. - Hema's bakery section features daily fresh products, catering to various consumer needs, including healthy options for fitness enthusiasts and convenient meals for busy professionals [5]. Group 3: Future Developments - The official opening date for the new Hema store in Weihai has not yet been announced, and further updates will be provided through official channels [6].

春节临近，为切实保障辖区群众节日期间食品安全，塔城市市场监督管理局新城监管所聚焦超市农副产 品质量安全，联合专业检验检测机构开展专项抽样检测工作，从源头守护市民"菜篮子"安全。 作者：塔城市市场监督管理局新城市场监管所 迪丽娜尔、蔡路阳 目前，抽取样品检测工作正在有序进行中。对于检测结果，新城市场监管所将第一时间向社会公示，若 发现不合格产品，将立即依法依规采取下架、召回等处置措施，并追溯源头严肃查处，坚决杜绝不合格 农副产品流入市场，以精准监管和严格执法筑牢食品安全防线，让辖区群众度过一个安全、放心的春 节。 此次检测行动以辖区内各大超市为重点检查对象，检测范围涵盖蔬菜、水果、肉类等群众日常消费量大 的农副产品，重点针对农残超标、兽药残留、重金属含量等关键指标进行专业检测。执法人员与检测机 构工作人员严格按照抽样规范，随机抽取各类农副产品样品，现场做好信息登记、封样留存等工作，确 保检测样本的代表性和真实性。同时，执法人员还对超市农副产品的进货查验、索证索票、储存条件等 环节进行同步检查，督促经营主体落实食品安全主体责任，规范进货渠道和台账管理。 ...