Core Viewpoint - The recent changes in the central government's approach to building a unified national market reflect a deeper upgrade in top-level design, marking a new phase in market construction in China [1] Group 1: Internal Opening - The core of internal opening is to treat all types of business entities equally, emphasizing a negative list system for market access [1] - The number of items in the negative list for market access has decreased from 117 in 2022 to 106 in 2025, indicating a release of market vitality [1][2] - Efforts are being made to eliminate local protectionism and market segmentation, promoting the rational flow of various factors across regions [2] Group 2: Regional Cooperation - Significant progress has been made in regional cooperation, with initiatives in the Yangtze River Delta promoting data security, resource cooperation, and integrated services [2] - The collaboration aims to facilitate resource sharing and contribute to the construction of a unified national data market [2] Group 3: External Opening - The focus of external opening is on steadily expanding institutional openness, which differs from traditional methods that emphasize tariffs and trade facilitation [3] - The establishment of the Hainan Free Trade Port, set to begin operations on December 18, is a significant step towards implementing institutional openness [3] - By aligning with international high-standard trade rules, China aims to create a transparent and stable business environment, enhancing its ability to allocate resources globally [3]

Core Viewpoint - The article emphasizes the development of new productive forces in Shanghai, driven by technological innovation, innovative allocation of production factors, and deep industrial transformation, aiming for high-quality economic growth and enhanced productivity [1][2]. Group 1: New Productive Forces - New productive forces are characterized by technological breakthroughs, innovative resource allocation, and deep industrial upgrades, focusing on technological innovation as the core driver [1]. - Shanghai is tasked with enhancing institutional openness during the 14th Five-Year Plan period, adapting to local conditions to develop new productive forces [2]. Group 2: Technological Innovation - Shanghai has made significant progress in technological innovation, with PCT international patent applications increasing from 1,038 in 2014 to 7,012 in 2024, indicating a substantial improvement in intellectual property innovation and management [5]. - The number of publications in top journals has risen from 31 to 158, with the share of national publications increasing from 17.51% to 29.6%, reflecting enhanced research capabilities [5]. - Basic research funding has grown from 5.487 billion yuan in 2013 to 22.035 billion yuan in 2023, with its share of total R&D investment rising from 7.06% to 9.6% [5]. Group 3: Modern Industrial System - Shanghai is accelerating the construction of a modern industrial system, targeting a scale of 18 trillion yuan for its three leading industries (integrated circuits, biomedicine, artificial intelligence) by 2024 [8]. - The city is developing trillion-level and five-hundred-billion-level industrial clusters in key sectors such as electronic information and high-end equipment, achieving significant milestones [8]. - Challenges include the need for digitalization and green transformation of traditional industries, as well as the establishment of a future industrial growth mechanism [9]. Group 4: Technology-Industry-Finance Cycle - Shanghai aims to promote a high-level cycle of technology, industry, and finance, addressing the low success rate of technology transfer and the lack of top-level design in financial capital investment [10]. - Specific measures include guiding long-term capital investments in hard technology and developing carbon finance and markets to support green transformation [10]. Group 5: Talent Development - Shanghai is integrating education, technology, and talent systems to build a competitive talent ecosystem, focusing on attracting high-level talent and enhancing the evaluation system [13]. - Challenges include improving the global competitiveness of top scientists and increasing the concentration of innovative resources [13]. Group 6: Resilient City Development - Shanghai has made notable progress in building a livable, smart, and resilient city, with significant advancements in digital governance and emergency response systems [15]. - However, challenges remain in upgrading old infrastructure and ensuring balanced application of smart governance technologies across the city [16]. Group 7: Yangtze River Delta Collaboration - Shanghai is advancing collaborative development in the Yangtze River Delta, with significant reforms and innovation initiatives underway [18]. - Key issues include industrial project homogeneity and resource dispersion, necessitating coordinated efforts in technology and industrial innovation [19].

Core Insights - Guangdong's service industry has reached a value of 8.14 trillion yuan in 2024, maintaining its position as the largest in the country for 40 consecutive years, contributing 57.5% to the GDP and accounting for 10.6% of the national total [4][6] - The modern service industry is identified as a key driver for economic growth, with a contribution rate of 47.9% to the overall economic increase [4] - The integration of modern service and advanced manufacturing sectors is highlighted, with the digital economy in Guangdong reaching 6.9 trillion yuan, leading the nation for eight years [5] Industry Performance - The modern service sector in Guangdong is characterized by significant breakthroughs in both quantity and quality, with productive services dominating the landscape [4] - The retail sales of consumer goods in Guangdong reached 4.79 trillion yuan in 2024, marking 42 consecutive years at the top nationally [4] - The financial sector, information transmission, software, and IT services are identified as core engines of growth within the modern service industry [4] Challenges and Shortcomings - The report indicates that the productive service sector faces challenges such as low technology conversion rates and a lack of key core technologies [6] - There is a noted shortage of high-end talent in finance and cross-border services, as well as a lack of skilled personnel in the life service sector [7] - The life service industry is experiencing a mismatch between supply and demand, particularly in high-end care and smart elderly services [6] Strategic Recommendations - The report suggests accelerating the domestic replacement of high-end software and enhancing the digital capabilities of productive services [9] - It emphasizes the importance of leveraging strategic platforms like Hengqin, Qianhai, Nansha, and He Tao to enhance cooperation with Hong Kong and Macau [9] - The development of new consumption scenarios through "AI + consumption" and the promotion of low-altitude economy applications are recommended to stimulate new service consumption [9][10] Talent Development - The report advocates for collaboration between universities and leading service enterprises to establish specialized colleges, aiming to cultivate innovative and skilled talent [10] - A comprehensive talent system that includes training, certification, and employment is proposed to address the skills gap in the service industry [10]

Core Insights - Guangdong's service industry achieved a value-added of 8.14 trillion yuan in 2024, maintaining its position as the largest in the country for 40 consecutive years, contributing 57.5% to the GDP and accounting for 10.6% of the national total [2][3] - The modern service industry is identified as a key driver for economic growth, with a contribution rate of 47.9% to the overall economic growth [3] - The integration of modern service and advanced manufacturing industries is highlighted, with the digital economy in Guangdong reaching 6.9 trillion yuan, leading the nation for eight years [4] Economic Contribution - In 2024, Guangdong's retail sales of consumer goods totaled 4.79 trillion yuan, marking 42 years at the top nationally, supported by a population of over 150 million [3] - The financial sector, information transmission, software, and IT services are recognized as core engines of the service industry [3] Structural Challenges - The service industry faces structural weaknesses, particularly in the supply capabilities of productive services, with low technology conversion rates and a lack of key core technologies [5] - The life service sector is experiencing a mismatch between supply and demand, particularly in high-end care and smart elderly services [8] Talent and Capital Development - There is a significant talent shortage in high-end services such as finance and cross-border services, as well as in the life service sector [8] - Recommendations include building a talent system that integrates education and industry, and fostering innovation through collaboration between universities and leading service enterprises [17] Pathways for Improvement - The report suggests accelerating the domestic replacement of high-end software and enhancing the digital empowerment of productive services [11] - Emphasis is placed on leveraging strategic platforms like Hengqin, Qianhai, Nansha, and He Tao to enhance cooperation with Hong Kong and Macau [11] - The development of new consumption scenarios through AI and digital services is proposed to stimulate economic growth [14]

Core Viewpoint - The article discusses the inspection and research conducted by Yang Yue, Vice Chairman of the Provincial Political Consultative Conference, regarding the implementation of high-standard strategies for the Jiangsu Free Trade Zone, aimed at enhancing Jiangsu's integration and service within the Yangtze River Delta development [1] Group 1 - Yang Yue visited the Nanjing Free Trade Zone to oversee the proposal from the Jiangsu Provincial Committee of the Chinese Nationalist Party regarding the strategic enhancement of the Free Trade Zone [1] - The inspection included visits to the Nanjing Jiangbei New Area Planning Exhibition Hall and the Cross-Border E-Commerce Industrial Park to understand the current work situation [1] - During the meeting, various departments including the Provincial Commerce Department and the People's Bank of China Jiangsu Branch presented updates on the proposal's implementation [1] Group 2 - Yang Yue emphasized the need to implement the important speeches of General Secretary Xi Jinping and align with central and provincial requirements [1] - The focus areas include enhancing the level of institutional openness, improving the effectiveness of systemic reforms, creating high-quality industrial clusters, and promoting integrated collaborative development [1] - The aim is to contribute to the high-quality development of the Free Trade Zone and support China's modernization efforts [1]

证券时报记者 陈雨康 "实干绘答卷 接力新蓝图"上海"十四五"规划成果系列主题新闻发布会（浦东新区）8月20日在上海举 行。记者从该场发布会上获悉，上海浦东正推动三大先导产业向世界级产业集群迈进。其中，集成电路 形成覆盖EDA基础软件、核心产品设计、高端制造封测到装备材料的全链条产业体系，2024年产业规 模达到2947亿元，约占全国五分之一。生物医药现有在研管线近2000个，其中一类新药800多个，"十四 五"以来获批国产一类创新药23个，国产创新三类医疗器械27个，总量分别达到28个、36个。人工智能 以"要素支撑、融合赋能"为重点，建设模力社区，集聚垂类模型上下游企业200余家，28个大模型已完 成备案。 在对外开放上，上海市委常委、浦东新区区委书记李政表示，今年浦东新区围绕功能升级，聚焦"走出 去"发展战略，设立了企业"走出去"综合服务中心，整合联动11家理事单位和72家战略合作伙伴，助力 国内企业高质量走出去发展，力争到"十五五"末培育400家出海先锋企业、100家出海企业总部。 以全国1/8000的面积，创造了1/76的GDP 从一片农田，到一座功能集聚、要素齐全、设施先进的现代化新城，上海市浦东 ...

中央政府驻港联络办教育科技部副部长叶水球表示，前海与香港特区政府发展局建立了常态化沟通联络 机制。在先行先试港人港企备案执业办法的基础上，前海深入开展工程建设领域规则衔接机制对接改 革，试行由内地实行的"五方责任主体"转为香港及国际通行的"三方责任主体"管理模式，为香港专业人 士融入国家发展大局、实现自身成就创造了条件。期待新政策的发布，能吸引港企港人更多参与前海建 设。 构建深港融合建设新机制 广东省住房和城乡建设厅一级巡视员周蔚指出，前海作为深港合作"桥头堡"和制度创新"策源地"，推行 的深港融合建筑师负责制等规则衔接举措，为香港业界融入大湾区建设、推动粤港建筑领域协同发展积 累了重要经验，成为"香港和国际高标准管理与内地建筑业先进生产力融合的典型案例"。他强调，前海 要谋划更多项目践行建筑师负责制、新工程合约、模块化集成建筑技术、安全智慧工地系统等，连点成 链，深化打造"前海样板"。 南都讯 8月19日，前海建设领域规则衔接改革政策文件发布和签约活动在前海创新教育集团前湾学校现 场举行。《深圳市前海深港现代服务业合作区建设工程深港融合建筑师负责制管理办法（试行）》（以 下简称《办法》）正式发布，"香港政 ...

中国的做法为整个世界注入了新的确定性。就在中美联合声明发布后，全球贸易乐观情绪弥漫，并再次 提振了投资者信心，美股三大指数、中国A股以及港股均录得不小涨幅。 不过，也需要承认的是，新的90天"休战期"并没有让人完全看到"终战"的曙光。事实上，当前中美两国 间贸易仍承受着关税高压，这使得相关企业不得不继续长期承担额外成本，同时也导致美国的消费者价 格指数持续攀升。但尽管如此，美国政府仍无意放弃将关税作为"战略竞争"工具，从而使得各类跨国经 贸活动长期处于风险之中，对供应链领域也造成了不小的压力。 图为中国国旗和美国国旗。图片来源：人民视觉 中美90天的经贸"休战"，能否最终走向"终战"？| 国际识局 近日，中美双方发布《中美斯德哥尔摩经贸会谈联合声明》，美方承诺自8月12日起继续暂停实施24% 的对等关税90天，中方自同日起继续暂停实施24%对美加征关税以及有关非关税反制措施90天。90天关 税"休战"让紧绷的世界经济松了一口气。 纵观谈判全程，尽管美方在会谈前后一直放出诸如可能征收三位数"二级关税"的"狠话"，但中方的战略 定力与建设性姿态主导着会谈全程。 换言之，中国的"底气"是此次中美关税"休战期"得以延 ...

Core Insights - China's visa-free policy continues to evolve, covering various scenarios such as tourism, trade, and transit, enhancing the country's institutional openness [1][2] - As of July 30, 2023, China has achieved comprehensive mutual visa exemption with 29 countries, unilaterally exempted visas for 46 countries, and implemented 240-hour transit visa exemptions for 55 countries [1] - The visa facilitation has significantly boosted inbound tourism, making it a key indicator of China's cultural soft power and international appeal [1][2] Group 1: Visa Policy Impact - The optimization of visa policies serves as a "trade accelerator," reducing barriers for cross-border business activities and enhancing efficiency in international trade [2] - Major exhibitions like the China International Import Expo have seen increased participation from global exhibitors, facilitating the entry of quality products into China [2] - The visa policies have created a platform for cultural exchange, allowing foreign visitors to experience authentic Chinese culture and daily life [2] Group 2: Future Directions - There is a need for continuous improvement in policy supply, encouraging local exploration of smart travel inspection and innovative entry facilitation measures [3] - The development of "tourism+" products is encouraged, integrating cultural elements with various forms of art and enhancing the tourism product system [3] - Optimizing the service environment is essential, including internationalization of key scenic spots and enhancing multilingual services to improve the overall tourist experience [3]

Core Viewpoint - The article emphasizes the importance of bilateral investment as a key strategy for enhancing China's industrial chain innovation capabilities and overall competitiveness in the context of global industrial competition and supply chain adjustments [1][2][3]. Group 1: Bilateral Investment and Innovation - Bilateral investment can facilitate technology transfer through intermediate products, allowing local downstream companies to innovate based on advanced technologies from foreign direct investment (FDI) enterprises [2]. - FDI enterprises often impose production standards on local suppliers, which encourages upstream companies in the host country to innovate to meet these standards [2]. - As the host country's innovation capacity improves, its scale of outward direct investment (ODI) will gradually expand, creating a reciprocal effect on technology and innovation [2][3]. Group 2: Competitive Dynamics and Market Integration - Bilateral investment generates competitive incentives among local companies, pushing them to innovate in order to meet the stringent requirements of FDI enterprises [3]. - Increased domestic competition and enhanced innovation capabilities lead companies to seek overseas opportunities through ODI, thereby integrating into global value chains [3]. - The article notes that the recent trends show a balanced growth in both FDI and ODI in China, which is crucial for attracting global resources and enhancing the domestic and international market linkage [3]. Group 3: Policy Recommendations for High-Quality Development - The article suggests promoting high-quality coordinated development of bilateral investment through institutional openness, aligning with international trade rules, and leveraging successful experiences from free trade zones [4]. - It advocates for differentiated industrial policies based on the characteristics of the industrial chain, including establishing support funds for technology-dependent industries and optimizing the structure of ODI [4]. - The article emphasizes the need to enhance the transmission mechanism between bilateral investment and industrial chain innovation through fiscal incentives and support for R&D initiatives [5][6].