Core Insights - Shanghai is launching ten measures to support the development of the gaming and esports industry, termed "Game Shanghai Ten Measures," aimed at enhancing the quality of the gaming industry in Shanghai and China [1][3] Group 1: Industry Development - The gaming industry in Shanghai is projected to achieve sales revenue of 170.7 billion yuan in 2025, with a year-on-year growth of approximately 9.6%, and overseas revenue expected to reach 30.3 billion yuan, growing by 13.7% [3] - The "Game Shanghai Ten Measures" focuses on building industrial clusters, enhancing technology empowerment, talent cultivation, and financial support, among other areas [4][6] - The policy aims to attract more game entrepreneurs to Shanghai, enhancing the city's overall competitiveness [3][4] Group 2: Investment and Financial Support - The measures include the establishment of an industrial investment fund to support key enterprises and small teams in the gaming industry [4][6] - The Shanghai Gaming Industry Special Fund is being established to support single-player game development and related cultural sectors, with a focus on both state-owned and market-driven capital [6][11] - The policy is expected to boost confidence among investors and entrepreneurs in the gaming sector, as it provides clear support and reduces uncertainties [6][12] Group 3: IP and Esports Development - The policy emphasizes the cultivation of IP ecosystems, encouraging the development of original game products that promote traditional Chinese culture and Shanghai's unique characteristics [8][9] - Shanghai is recognized as a leading esports hub, with plans to enhance its global esports event profile and support local esports clubs [9][11] - The measures aim to create a self-branded esports event system with global influence, indicating a long-term commitment to developing the esports industry [9][12] Group 4: International Expansion - The "Game Shanghai Ten Measures" propose the creation of a comprehensive service platform for international expansion, addressing localization, compliance, and financial services for gaming companies [11][12] - Shanghai's gaming companies have shown strong demand for international market entry, despite facing challenges such as intellectual property issues abroad [11][12] Group 5: Talent and Ecosystem - Shanghai's unique cultural and talent advantages position it as a favorable environment for the gaming and esports industry [12][16] - The measures include optimizing talent cultivation by supporting the establishment of gaming-related academic programs and attracting talent [12][16] - The city has developed a complete gaming ecosystem, with major companies and emerging players contributing to a vibrant industry landscape [12][15]

人民财讯12月19日电，扬电科技（301012）12月19日公告，公司基于公司战略规划和业务发展的需要， 拟以自有资金5000万元投资设立全资子公司四川云扬智能有限公司(暂定名)。本次投资是基于公司战略 发展需求和整体业务规划而做出的慎重决策，契合国家数字经济与绿色低碳发展战略，有助于公司抢占 AIDC电力配套市场先机，构建第二增长曲线。 ...

Group 1 - NayaPay, a Pakistani fintech platform, has partnered with Ant Group's Alipay+ to launch a global QR code payment service, allowing millions of NayaPay users to make payments at Alipay+ partner merchants in over 50 countries, enhancing cross-border payment security, convenience, and cost-effectiveness [1] - The CEO of NayaPay, Danish A. Lakhani, stated that the company aims to provide an international payment experience for the people of Pakistan, and this partnership is a significant step towards that goal [1] - NayaPay had previously partnered with Alipay+ in April 2024, becoming the first platform in Pakistan to enable users to make payments at 80 million Alipay+ partner merchants in mainland China [1] Group 2 - Alibaba Group's involvement in Pakistan's digital payment sector dates back to March 2018, when Ant Group invested $184.5 million for a 45% stake in Telenor Group's microfinance bank, helping to upgrade the local mobile wallet Easypaisa into a "Pakistani version of Alipay" [2] - Easypaisa has grown to become Pakistan's largest digital payment platform, with over 50 million users and processing 2.8 billion transactions in 2024, serving as a crucial pillar for the local digital economy [2] - Following the 2025 Shanghai Cooperation Organization summit, Alibaba signed a memorandum of understanding with Pakistan's Ministry of Information Technology, indicating that the collaboration is a vital step for Pakistan's digital economy, promoting innovation and enhancing the country's participation in global digital trade [2]

Core Viewpoint - The 22nd China International Financial Forum focuses on building an intelligent financial ecosystem in the digital economy era, featuring a speech by Roman Shcherov, Vice President and COO of the New Development Bank [1][5]. Group 1: New Development Bank Overview - The New Development Bank (NDB) is a multilateral financial institution established by BRICS countries, aimed at financing infrastructure and sustainable development for member countries, addressing the shortcomings of traditional international financial institutions [3][7]. - Over the past decade, NDB has approved more than 130 projects totaling $42 billion, with 25% of loans in local currencies and over 50% of the total funds disbursed through projects [3][7]. Group 2: Investment Focus and Impact - NDB's investments focus on strategic areas such as digital infrastructure, clean energy, energy efficiency, and sustainable transportation, enhancing both material and institutional capacities [3][7]. - The bank emphasizes the integration of digital and intelligent systems, including smart grids, AI management platforms, IoT monitoring, and data-driven decision-making, to ensure efficiency and long-term sustainability [3][7]. Group 3: Case Study - Brazil Smart Hospital Project - The "Brazil Smart Hospital Project" serves as a national pilot for public healthcare in emerging economies, utilizing AI-driven scheduling, electronic health records, telemedicine platforms, and clinical decision support systems [3][7]. - Upon completion, the hospital's annual treatment capacity is expected to increase from 160,000 to 280,000 cases, representing a growth of over 70% [3][7]. Group 4: Future Outlook and Challenges - The importance of the digital economy is growing, but without careful design, it may exacerbate inequalities [5][8]. - NDB aims to provide not only funding for infrastructure but also efficient and intelligent financial services to enhance public welfare and promote inclusive growth, ensuring that the benefits of modern infrastructure reach every community [5][8].

Core Viewpoint - Pulu Tong announced a plan to acquire 100% of Leqi Cayman and 8.26% of Hangzhou Lemai, raising questions about potential insider trading due to a significant stock price increase prior to the announcement [1][9][10] Stock Performance - Pulu Tong's stock price rose from 9.83 CNY to 12.94 CNY over five trading days before the suspension, marking a 31.64% increase [2][17] - The stock experienced two trading halts during this period, with the last trading day also being a halt day [3][17] - Excluding market factors, the stock's cumulative increase was 32.16% over the last 20 trading days [19] Acquisition Details - The acquisition primarily targets Hangzhou Lemai, as Leqi Cayman holds 91.74% of its shares [1][9] - The acquisition involves multiple parties, including CMC and six other investors who acquired stakes in Hangzhou Lemai just before the announcement [5][20] Financial Performance of Target Companies - Leqi Cayman reported a revenue of 4.995 billion CNY in 2024, a decrease of 3.9%, and a net profit of 204 million CNY, down 32.7% [12][25] - Hangzhou Lemai's revenue for 2024 was 4.2808241 billion CNY, reflecting a 1.41% decline, with a net profit of 147.1086 million CNY, a 51.68% drop [11][26] Company Financials - Pulu Tong has reported negative net profits for three consecutive years from 2022 to 2024, with a slight recovery in the first three quarters of 2025 [14][27] - The company has only 310 million CNY in cash as of the end of the third quarter of 2025, raising concerns about financial pressure if leverage is used for the acquisition [14][27]

专题：第二十二届中国国际金融论坛 2月19日-20日，"第二十二届中国国际金融论坛"在上海举行，主题为：数字经济时代的智能金融生态构 建。上海金融业联合会常务副理事长孔庆伟出席并致辞。 孔庆伟谈到，当前我国数字经济发展迅速，在政策引领与实践创新下，已经形成了"顶层设计+专项部 署+地方试点"的多层次政策体系，推动数字经济规模实现快速增长。 他表示，上海近年来通过政策引导、基建支撑、要素结合、产业融合、治理优化等多项举措，推动数字 经济实现规模上量、结构优化、质量提升的快速发展。各个金融机构普遍积极布局AI技术，推动业务 从数字化向数智化转型，从智能客服到风险管控，从精准营销到投资决策，数字技术正在重构金融服务 的全链条。 在这样一个大背景下，对如何构建健康可持续的智能金融生态，孔庆伟提出了几点看法： 一、要进一步夯实数字基础设施，加快6G、千兆光网、智算力中心等新型基础设施建设，推动公共数 据的开放共享，打破数据孤岛，释放数据要素价值。 专题：第二十二届中国国际金融论坛 2月19日-20日，"第二十二届中国国际金融论坛"在上海举行，主题为：数字经济时代的智能金融生态构 建。上海金融业联合会常务副理事长孔庆伟出 ...

证券日报网讯 12月18日，常山北明在互动平台回答投资者提问时表示，公司围绕软件主业，在云数 据、智慧城市及在线争议解决（ODR）领域构建了扎实的核心竞争力。公司作为高新技术企业，在北 京、广州、上海等地设立6个研发基地，并拥有"广东省智慧城市研究院"等多个技术研发中心。截至 2025年12月18日，公司共取得749项软件著作权和32项发明专利。ODR领域，公司打造的"在线矛调中 心——浙江解纷码"荣获浙江省改革突破金奖，并推广至多省市。未来公司将紧扣数字经济发展机遇， 深化与华为等行业巨头的战略合作，做大做强软件主业。冷链物流项目目前经营正常，客户资源稳定。 在新能源及产业园布局方面，公司深泽县210MW风电项目一期已完成并网发电，润石智谷产业园正加 快建设及提升招商力度。与华为鸿蒙的合作方面，公司组建了华为鸿蒙开发团队，团队成员全员通过了 HarmonyOS应用开发者高级认证。 证券日报网讯 12月18日，常山北明在互动平台回答投资者提问时表示，公司围绕软件主业，在云数 据、智慧城市及在线争议解决（ODR）领域构建了扎实的核心竞争力。公司作为高新技术企业，在北 京、广州、上海等地设立6个研发基地，并拥有" ...

日前，河南省人才集团公司与探迹科技旗下子公司广东汉数科技有限公司正式签署战略合作协议。双方 将依托各自核心优势，围绕企业数智化转型、人才生态构建等关键领域开展深度合作，通过"国有资源 + 科技力量"的协同模式，为河南省培育新质生产力、构建现代化产业体系注入强劲动能。 *签约代表：河南省人才集团数字科技有限公司总经理 杜琳(左二)、广东汉数科技有限公司生态发展总 经理 郭德权(右二) 政策发展引领，数字经济浪潮下的协同突围 当前，数字经济与实体经济深度融合已成为推动产业升级的核心路径。《产业结构调整指导目录(2024 年)》明确强调，要加快推进人力资源数字化建设与数据安全管理，系统引入人工智能、大数据分析、 云计算等技术手段，全面提升服务效率与品质，以适应现代化产业体系的发展要求。 作为经济大省，河南正全力推动产业结构优化与数字化转型。然而，在"创新链、产业链、资金链、人 才链"协同发展方面仍面临资源分散、衔接不畅等现实挑战。区域内企业对AI技术赋能、人才价值激 活、数据要素高效利用的需求日益凸显。在此背景下，河南省人才集团公司与汉数科技的战略合作，并 非偶然的资源叠加，而是响应国家政策导向、破解区域发展痛点的 ...

Core Viewpoint - The article emphasizes the importance of openness in promoting reform and development in China, highlighting the unique position of the Nansha Free Trade Zone as a key driver of economic growth in the Greater Bay Area [1] Economic Performance - In the first three quarters of this year, Nansha's GDP reached 165.186 billion yuan, with a growth rate of 4.0% in Q1, 4.5% in H1, and 5.2% in Q3, showcasing its resilience and innovative vitality as a core engine of the Greater Bay Area [1] Five-Port Development Strategy - The "Five-Port Linkage" strategy integrates logistics, capital flow, data flow, and talent flow to address the challenges of fragmented industrial development, acting as a "conveyor belt" for industrial advancement [1] Maritime Economy - Nansha's automotive terminal has become the largest roll-on/roll-off automobile hub in South China, with an automotive export value of 9.7 billion yuan in the first three quarters of 2025, marking a 36% year-on-year increase [2] - The total foreign trade import and export value of Nansha reached 221.01 billion yuan in the first three quarters of 2025, reflecting a 14.8% year-on-year growth [2] Air Transport Development - Nansha has enhanced cooperation with five surrounding airports, extending airport functions to the area, including pre-boarding services for 19 airlines on Hong Kong routes [2] - The area has become the largest aircraft leasing hub in South China, generating 8.6 billion yuan in imports in the first three quarters of this year [2] Financial Sector Growth - Since the establishment of the Nansha Free Trade Zone in 2015, the financial sector has rapidly developed, with over 30 billion yuan approved for QFLP and QDLP pilot projects [3] - Nansha has launched innovative financial services, including the first digital RMB cross-border payment in shipping finance and the first carbon-neutral financing leasing service platform in the country [3] Digital Economy Initiatives - Nansha is working to establish itself as a leading area for data service industry development, with a focus on creating a digital service experimental zone and launching a digital industry fund [3] - The DSTP platform aims to help small and medium-sized enterprises overcome financing difficulties by integrating ecological data and matching financial products [3] Talent Development - Nansha has implemented policies to facilitate international talent flow and has hosted nearly 150 job fairs this year, providing around 124,000 job opportunities across key industries [5] - The "Youth Innovation Ten Measures" and "Youth Out of South" initiatives support young talent and startup projects, fostering a virtuous cycle of talent aggregation, enterprise growth, and industrial upgrading [5]

Core Insights - The "14th Five-Year Plan" period is marked as an extraordinary and significant five years for Binzhou City, focusing on high-quality development and achieving historical accomplishments in economic and social progress [1] Economic Growth - The regional GDP is projected to grow from 261.43 billion yuan in 2020 to 340.47 billion yuan in 2024, with an average annual growth rate of 6% [3] - The revenue from industrial enterprises above designated size has surpassed 1 trillion yuan, while total retail sales of consumer goods and total imports and exports have both exceeded 100 billion yuan [3] - General public budget revenue and tax revenue have both surpassed 30 billion yuan and 20 billion yuan, respectively [3] Income and Living Standards - Per capita GDP is expected to rise from 66,600 yuan in 2020 to 87,500 yuan in 2024, with an anticipated increase to over 90,000 yuan this year [3] - The income ratio between urban and rural residents has decreased from 2.09 in 2020 to 1.91 in 2024, indicating a significant reduction in income disparity [3] Industrial Development - The city has established itself as a stronghold for manufacturing, being recognized as one of the top 100 advanced manufacturing cities in the country for four consecutive years [4] - Key industries have shown robust growth, with five major industrial clusters generating over 1.27 trillion yuan in revenue, including high-end aluminum, fine chemicals, intelligent textiles, food processing, and aquaculture [4] - The production capacity of high-end aluminum ranks first globally, while intelligent textiles are among the top in the world [4] Emerging Industries - New industries such as high-end equipment and new materials are gaining momentum, with 32 enterprises recognized for their innovative products [5] - The proportion of high-tech industry output value in the total industrial output has reached 46.45%, an increase of 5.87 percentage points since 2020 [5] Digital Economy - The city has accelerated its digital economy initiatives, establishing the first intelligent computing cluster in the province and nurturing five national-level 5G factories [5] - A total of 517 projects related to smart manufacturing have been developed, including six national-level exemplary smart factories [5] Business Landscape - The number of industrial enterprises above designated size has increased to 2,040, with a net addition of 724 since 2020 [5] - In 2024, there are expected to be 44 enterprises with revenues exceeding 5 billion yuan and 17 with revenues over 10 billion yuan [5] - Weiqiao Group has been listed among the Fortune Global 500 for 14 consecutive years, with four companies making it to the top 500 Chinese enterprises [5]