Core Viewpoint - The article highlights the transformative journey of China Ping An, illustrating how it has evolved from a local insurance company to a comprehensive financial group, reflecting the broader economic reforms initiated in Shenzhen and their impact on individual lives [10][59]. Group 1: Business Innovations - In 2023, Ping An's Tibet branch undertook a unique task of tagging 200,000 yaks with identification tags to enhance efficiency in livestock insurance [2][3]. - The introduction of livestock insurance products in remote areas like Tibet signifies a growing acceptance of financial services among local communities, marking a step towards embracing financial certainty [6][7]. - Ping An's innovative approach in providing insurance solutions, such as the "Camel Insurance" in Inner Mongolia, demonstrates its commitment to addressing the specific needs of local farmers and herders [48][51]. Group 2: Historical Context - The establishment of Shenzhen as a Special Economic Zone in 1978 coincided with the founding of Ping An, marking the beginning of significant economic reforms in China [8][10]. - Over the past 45 years, Shenzhen has transformed into a major international metropolis, with Ping An emerging as a key player in the financial sector, ranking 47th on the Fortune Global 500 list [10][23]. - The close relationship between Shenzhen's development and Ping An's growth illustrates the mutual reinforcement of urban and corporate evolution in the context of reform [11][28]. Group 3: Strategic Focus - Ping An has adopted a "technology empowers finance" strategy, integrating technology into its financial services to enhance customer engagement and operational efficiency [38][40]. - The company has expanded its business model to include healthcare and elderly care services, reflecting a holistic approach to financial and social needs [54][57]. - By leveraging AI and digital platforms, Ping An processes millions of service requests and enhances customer interaction, demonstrating its commitment to innovation in service delivery [58]. Group 4: Societal Impact - Ping An's initiatives in providing insurance and healthcare services have significantly improved the lives of individuals in remote areas, showcasing the practical benefits of financial services [47][60]. - The company's focus on unmet needs in personal financing and healthcare highlights the potential for financial services to address critical gaps in society [46][58]. - Through its extensive network of healthcare providers and services, Ping An is actively contributing to the improvement of public health and wellness in various communities [54][57].

Core Points - The meeting emphasized the importance of implementing Xi Jinping's speeches and directives to promote economic recovery and development in Guangdong, aiming for a successful conclusion to the 14th Five-Year Plan and a solid foundation for the 15th Five-Year Plan [1][3][4] - Various representatives from democratic parties and business associations provided insights and suggestions on key topics such as the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, modern industrial systems, and high-quality development of the private economy [2][3] Economic Situation - The provincial leadership reported that Guangdong's economy is generally stable and showing signs of improvement, with positive factors accumulating and a good overall trend in economic performance [3] - The meeting highlighted the need for collaboration among various sectors to effectively implement policies that stabilize employment, businesses, and market expectations [3] Future Planning - The 15th Five-Year Plan is seen as a critical period for achieving modernization by 2035, with a focus on leveraging the Greater Bay Area and enhancing industrial and technological synergies [4] - The provincial government is actively seeking input from various stakeholders to ensure the planning process reflects contemporary needs and promotes high-quality development [4] Historical Context - The meeting also reflected on the historical significance of multi-party cooperation in China, emphasizing the need for unity and collaboration among different political entities to achieve common goals [5]

Core Viewpoint - The diary of Cheng Yongfang, a 97-year-old veteran, reflects his lifelong commitment to the country and the Communist Party, documenting significant historical events and personal experiences from 1942 to 2025 [2][3][6][8]. Group 1: Historical Context - Cheng Yongfang began his military service at the age of 17 in 1945, motivated by a strong belief in the Communist Party as the savior of China [2]. - The diary entries capture key moments such as the end of World War II in 1945, the establishment of the People's Republic of China in 1949, and the subsequent political developments [3][4]. Group 2: Personal Development - Cheng documented his transition from a soldier to a naval officer, emphasizing his dedication to learning and self-improvement in various fields such as mathematics and navigation [4][5]. - His career in the navy included significant roles, and he received multiple honors, reflecting his contributions to the development of the People's Navy [5]. Group 3: Reflection and Legacy - In later years, Cheng focused on national defense education, sharing his experiences with younger generations and emphasizing the importance of party loyalty and continuous learning [6][7]. - His reflections on the 80th anniversary of the victory in the Anti-Japanese War highlight his pride in witnessing China's growth and the sacrifices made by previous generations [7][8].

Core Insights - Shenzhen celebrates its 45th anniversary as a city of reform and opening up, showcasing its commitment to internationalization and economic growth [1][6] - The city has achieved an average GDP growth of 5.5% from 2020 to 2024, reaching a total GDP of 3.68 trillion yuan, with a remarkable output of 1.84 billion yuan per square kilometer [2] - Shenzhen's foreign trade has seen an impressive average annual growth rate of 10.2% over the past five years, positioning it as China's top foreign trade city with a projected import and export volume of 4.5 trillion yuan in 2024 [2][5] Economic Performance - Shenzhen's GDP per square kilometer is equivalent to that of a provincial-level economy, with energy consumption, carbon emissions, and water usage significantly lower than the national averages [2] - The city has established 33 international routes covering 47 cities across 33 countries, with a 50% year-on-year increase in foreign passenger numbers at Shenzhen Airport [1][2] Foreign Investment and Trade - Over the past five years, Shenzhen has seen the establishment of 33,000 foreign-invested enterprises, accounting for 14.6% of the national total, with actual foreign investment reaching approximately 40 billion USD [2][3] - The city has diversified its foreign investment, expanding from traditional manufacturing to high-tech, finance, and energy sectors, with global investments now spanning 147 countries and regions [2][3] Policy and Strategic Initiatives - Shenzhen has implemented various policies to enhance its international business environment, including a 2025 plan to attract global resources and improve competitiveness [4][6] - The city is actively pursuing cross-border trade facilitation and integration of domestic and foreign trade, aiming to attract more capital, enterprises, technologies, and talent [6][7] Infrastructure Development - Recent infrastructure projects, such as the expansion of Shenzhen Airport and improvements in cross-border transportation, are set to enhance the city's global economic influence [6][7] - The city is committed to deepening reforms and expanding its opening-up strategy, with a focus on the Guangdong-Hong Kong-Macao Greater Bay Area [6][7]

Group 1: Urban Development and Transformation - Shenzhen has undergone significant transformation over 45 years, evolving from a small fishing village to a modern international metropolis, with GDP increasing from 2.7 billion to over 3.68 trillion by 2024, representing a growth of more than 10,000 times [18] - The city has developed a comprehensive port system, expanding from 2 ports before the reform to 16 first-class ports, covering land, sea, and air transportation [3] - Shenzhen's real estate market is transitioning towards enhancing livability and addressing housing challenges, marking a shift towards a more sustainable urban development model [5] Group 2: Innovation and Industry - Shenzhen has established itself as a leader in the lithium battery materials sector, with four key companies dominating critical material areas, showcasing the city's industrial strength [7][8] - The city has become known as the "first city of consumer-grade 3D printing," with a complete industrial chain and a 35.8% increase in 3D printing equipment production in the first half of the year [9] - The strategic emerging industries in Shenzhen now account for over 42% of the GDP, with a high density of high-tech enterprises [20] Group 3: Financial Sector Growth - China Ping An, established in Shenzhen, has played a pivotal role in the market-oriented reform of the insurance industry since its inception in 1988 [10] - Ping An Bank has evolved from a regional financial institution to a national commercial bank, reflecting the growth of the financial sector alongside the economic development of Shenzhen [11] - The establishment of a cross-border merger alliance in Shenzhen, with 8 banks providing a total of 10 billion yuan in merger financing, indicates the city's growing financial capabilities [17]

Core Insights - The article emphasizes the importance of Shenzhen's internal characteristics and self-driven initiatives in its success, rather than solely attributing it to external factors like geographical advantages and government policies [2][3][4]. Group 1: Internal Factors of Shenzhen's Success - The phrase "go and make it happen" from Deng Xiaoping highlights the significance of self-reliance and market-driven initiatives in Shenzhen's development, as the lack of central funding allowed for greater autonomy and flexibility [6][7]. - Shenzhen's approach to economic development was rooted in market economy principles, which emerged from the necessity to generate funds independently, fostering a culture of innovation and entrepreneurship [6][7]. - The article draws a parallel between nurturing children and developing new districts, asserting that empowerment and autonomy are more crucial than financial support [8]. Group 2: Spirit of Innovation and Risk-Taking - Deng Xiaoping's call for boldness in reform and the spirit of adventure is identified as a key lesson from Shenzhen's experience, emphasizing the need for a daring approach to achieve progress [9][10]. - The freedom to start businesses and choose careers in Shenzhen during the early reform era was a significant institutional advantage that attracted talented entrepreneurs, enabling the city to thrive [10][11]. - The concept of "learning by doing" is reiterated as a guiding principle for Shenzhen's future development, suggesting that practical experience is essential for growth and innovation [11][13].

Core Insights - Shenzhen has experienced remarkable economic growth over the past 45 years, transitioning from a small border town to a major economic hub, with GDP increasing from 2.7 billion to 3.68 trillion yuan [2][3] - Tax revenue has played a crucial role in supporting Shenzhen's economic development, with significant milestones in tax income growth over the years [2][3] Tax Policy and Economic Transformation - Early tax incentives for foreign investment, such as tax reductions and accelerated depreciation, significantly boosted Shenzhen's processing trade and economic growth [2] - In the new century, tax policies supporting high-tech industries emerged, including R&D expense deductions and tax exemptions for technology transfers, facilitating the transformation of SMEs into competitive enterprises with independent intellectual property [2][4] Industrial Advancement - Shenzhen's industrial structure is advancing towards higher-end levels, with industrial added value surpassing 1 trillion yuan in 2021 and maintaining the top position among domestic cities from 2022 to 2024 [3] - The proportion of high-tech manufacturing and advanced manufacturing in the industrial added value has increased to 58.2% and 68.2%, respectively [3] Reform and Innovation - Shenzhen has established a basic framework for a socialist market economy and has implemented various reforms to enhance the business environment [4] - The tax authority has introduced policies to support the Qianhai and He Tao areas, including corporate income tax incentives and personal income tax benefits, to promote comprehensive reform [4] International Trade and Taxation - Shenzhen has seen significant growth in foreign trade, with the tax authority enhancing cross-border tax services and optimizing export tax refund processes [5] - The city has implemented innovative services for tax refunds, including a "cloud service" platform for seamless processing and a "buy and refund" section at national exhibitions [5][6] Social Welfare and Public Services - The growth in tax revenue has strengthened Shenzhen's fiscal capacity, enabling improvements in public services across education, healthcare, housing, and transportation [7] - Initiatives in social security have streamlined processes, reducing the time required for employers and individuals to handle social insurance contributions [7] Future Outlook - Shenzhen aims to continue its path of high-quality development, with the tax authority committed to enhancing service efficiency to support this growth [8]

Core Viewpoint - The 45th anniversary theme photo exhibition of Shenzhen Special Economic Zone showcases the city's transformation and development over the past 45 years, highlighting its role as a pioneer in reform and opening up in China [1][4][6]. Group 1: Exhibition Overview - The exhibition is organized by the Shenzhen Municipal Publicity Department, with support from Shenzhen Media Group and Shenzhen Photographers Association [4]. - It features three main chapters: "Tremendous Changes Over Time," "Persevering for 45 Years," and "Striving for Progress in the New Era," displaying a total of 156 photos that narrate the stories and dreams realized in Shenzhen [4][6]. Group 2: Chapter Summaries - Chapter 1, "Tremendous Changes Over Time," presents a vivid comparison of historical and contemporary images of Shenzhen's 11 districts, including Dapeng New District and Shenshan Special Cooperation Zone, illustrating the city's rapid transformation over nearly half a century [4][6]. - Chapter 2, "Persevering for 45 Years," recounts the significant achievements of reform and development since the launch of China's reform and opening up in July 1979, symbolized by the historic event in Shekou [4][6]. - Chapter 3, "Striving for Progress in the New Era," is divided into two parts: "Leading by Example and Moving Forward" and "Setting Sail for the Greater Bay Area," showcasing Shenzhen's advancements in high-quality development, rule of law, urban civilization, and green development since the 18th National Congress of the Communist Party of China [6].

Group 1 - Shenzhen is celebrating its 45th anniversary as an economic special zone, showcasing significant growth and development since its establishment [1] - Over the past 45 years, Shenzhen's GDP has increased by over 10,000 times, producing globally influential companies like Huawei and Tencent [1] - Shenzhen has achieved over 1,000 national firsts and ranks among the top global innovation cities in terms of R&D investment intensity [1] Group 2 - The city has continuously innovated its systems and expanded its openness, serving as a "testbed" for reforms assigned by the central government [1] - Recent reforms include the implementation of a registration system for the Growth Enterprise Market and market-oriented allocation of data elements [1][2] - The central government has issued opinions to further deepen reforms and expand openness in Shenzhen, with a focus on systematic integration and high efficiency [2][3] Group 3 - Shenzhen aims to establish a more competitive international regulatory framework in areas such as cross-border data flow and intellectual property protection [3] - The city is committed to building a modern industrial system and contributing to China's modernization efforts [3]

Core Insights - Shenzhen celebrates its 45th anniversary as a Special Economic Zone, showcasing significant economic growth and innovation since its establishment [1] - The city has experienced a GDP increase of over ten thousand times and is home to globally influential companies like Huawei and Tencent, solidifying its role as a key player in China's modernization efforts [1] - Shenzhen's achievements stem from continuous institutional innovation and expanding openness, acting as a "testing ground" for reforms [1] Group 1 - Shenzhen's GDP has grown over ten thousand times in 45 years, with over 1,000 national firsts and a leading position in R&D investment intensity among global innovation cities [1] - The city has implemented various reforms, including the registration system for the Growth Enterprise Market and market-oriented allocation of data elements, to enhance its development [1] - Recent directives from the Central and State Offices emphasize the need for ongoing reforms and innovations, with a focus on establishing a list of authorized matters and implementing new measures [2] Group 2 - Shenzhen aims to deepen reforms and expand openness at higher levels and goals, focusing on creating a competitive rule system in areas like cross-border data flow and intellectual property protection [3] - The city is committed to building a modern industrial system and contributing significantly to China's modernization efforts [3]