｜2025年5月21日星期三｜ NO.1 粤港澳大湾区计量发展合作平台正式启动 据央视新闻5月20日消息，记者当日从市场监管总局在广州举办的活动上了解到，粤港澳大湾区计量发展合作平台正式启动。合作平 台将聚焦计量前沿科技及湾区产业需求，开展计量协同创新，加快实现粤港澳计量检测结果互认，推动跨境物资一次检测、两地互 认，加快形成统一大市场，推动香港和澳门计量基准水平溯源至国家基准，推动实现计量规则制度贯通。 点评：该合作平台将推动计量数字化转型，强化数字经济领域技术创新，推进传统计量体系升级。 NO.2 珠海新智能工厂正式投产 据"珠海发布"微信公众号5月20日消息，近日，格莱利新智能化工厂一期项目正式投产。该项目占地面积约5.4万平方米，一期项目建 筑面积约2万平方米，主要生产专业化刹车片。产品供应奔驰、沃尔沃、比亚迪、长城、长安等，满产后每年将增加10亿元产值。 点评：新智能化工厂投产，有利于为当地带来就业和收税，也可带动制造业升级与产业链集聚。 NO.3 澳门第一季度公司数目净增长727家 5月20日，澳门特别行政区统计暨普查局资料显示，今年第一季度当地新成立公司共913家，解散公司186家，公司数目净增 ...

夏日初长，中原大地万物始茂。 郑州机场的跑道上，忙碌时每2分钟就有一架货机起降；洛阳北方易初摩托车有限公司火力全开，赶非 洲客户的新订单；榴莲、山竹等热带水果同步上市，圈粉中部消费者；"五一"假期，河南成入境游热门 目的地…… 这是开放河南欣欣向荣的生动图景，也是河南以开放促发展的鲜活切片。坚定不移扩大高水平对外开 放，河南以融入服务全国统一大市场为牵引，做强枢纽优势，探索开放体制机制创新，持续提升经济开 放水平，朝着建设内陆开放新高地、打造国内国际市场双循环支点的目标大步前行。 提升经济开放气质 将通道优势转化为开放发展优势，河南瞄准枢纽经济发力。对内，推动高铁成网、畅通出海新通道，连 南贯北、承东启西；对外，多维布局，"空陆数海"丝绸之路协同并进，行达天下、货畅其流。河南正以 崭新面貌成为联通国内国际两个市场的重要枢纽。 刚刚闭幕的广交会上，河南收获颇丰：有575家豫企对15个国家现场出口成交额超1000万美元。新客户 与订单为全省外贸发展注入新动力。 迎着国际贸易的风浪奋力前行，豫企出海离不开一揽子稳外贸政策的支撑。今年，河南瞄准企业痛点出 台27条促进外贸稳量提质措施，送政策、畅渠道、搭桥梁，务实精准 ...

Core Viewpoint - The release of the "White Paper on National Security in the New Era" marks the first comprehensive document on national security since the founding of New China, emphasizing the interrelationship between development and security, and proposing a framework for achieving high-quality development alongside high-level security [1] Group 1: Reform - The White Paper emphasizes the importance of reform in balancing development and security, highlighting that China's sustained reform efforts have been crucial in achieving rapid economic growth and long-term social stability [2] - It addresses the need for deepening institutional reforms to enhance social governance and maintain national security while adapting to new challenges [2] Group 2: Innovation - The document stresses that achieving high-level self-reliance in technology is essential for ensuring both high-quality development and security, advocating for a balanced approach to innovation and risk prevention [3] - It calls for the establishment of regulatory frameworks to support new technologies while ensuring safety and security [3] Group 3: Openness - The White Paper outlines China's commitment to expanding high-level openness, stating that an open economy is vital for attracting global resources and enhancing national security [4] - It differentiates between past integration into the international economic system and the current strategy of attracting global economic factors to strengthen ties with other countries [4] Group 4: Rule of Law - The document highlights the necessity of strengthening the rule of law, particularly in foreign-related legal frameworks, to ensure a secure environment for high-level openness and development [5] - It mentions the importance of legal measures to counteract economic coercion from other nations while maintaining normal international interactions [5]

Core Insights - The article discusses the ongoing reforms and innovations in national economic and technological development zones (EDZs) in China, emphasizing their role in promoting high-level opening-up and high-quality development [3][8]. Group 1: Economic Contributions - National-level EDZs contribute approximately 10% of the national GDP, despite occupying only 0.3% of the land area [4][8]. - In 2023, national-level EDZs achieved a GDP of 14.8 trillion yuan, with significant increases in the number of enterprises and listed companies compared to the previous year [4][5]. - Guangdong's EDZs account for 15.5% of the province's GDP and tax revenue, with major industrial clusters in electronics, automotive, and green petrochemicals [4][6]. Group 2: Innovation and Technology - By the end of 2023, national-level EDZs housed 707 national incubators and innovation spaces, 15,000 provincial-level and above R&D institutions, and 73,000 high-tech enterprises, all showing significant growth [5][8]. - EDZs are becoming key drivers for industrial transformation and structural optimization, focusing on fostering innovation and enhancing regional competitiveness [5][10]. Group 3: Foreign Trade and Investment - In 2023, national-level EDZs accounted for 25% of the national import and export total, with actual foreign investment reaching $39.2 billion, representing 24% of the national total [8][9]. - The Anhui Hefei EDZ has seen a 50% year-on-year increase in import and export value, driven by efficient logistics services [6][8]. - Beijing's EDZ reported a record foreign investment of nearly $1.4 billion in 2024, marking a 26% increase from the previous year [7][8]. Group 4: Policy and Reform Initiatives - The State Council has outlined measures to deepen reforms in national-level EDZs, focusing on improving management systems and addressing enterprise concerns [9][10]. - Local governments are exploring various modern management systems for EDZs to enhance operational efficiency and attract investment [9][10].

李明表示，接下来，中国证监会将着力增强制度的透明度和可预期性，完善与国际投资者的沟通机制， 进一步提高境外上市备案管理质效，优化合格境外投资者等机制安排，支持符合条件的外资机构申请新 业务、设立新产品，不断健全跨境金融服务体系。将着力增强对外开放的系统性，加强股票、债券、期 货市场开放的相互协同，加大期货期权国际化品种供给，丰富资产配置和风险管理等工具。将着力增强 双边和多边跨境监管合作，积极参与国际标准规则制定，进一步加强内地与香港市场合作，巩固香港国 际金融中心地位。 首先，投资中国意味着更高的确定性。这种确定性来自稳健的经济基本面，中国具有完整的产业体系、 齐备的基础设施、超大的市场规模、不断积聚的发展动能、长治久安的社会环境，在世界经济增长放缓 的背景下，中国坚持扩大内需与扩大开放并重，加快构建新发展格局，一直是全球GDP增长的主要贡献 者，今年一季度中国GDP同比增长5.4%，取得"开门红"，展现出强大的韧性。 其次，充满活力的上市公司群体是投资中国的价值源泉。近年来，中国证监会牢牢把握上市公司作为资 本市场基石的定位，着力强化产品和服务支持，规范活跃并购重组市场，督促完善治理结构，引导提升 ESG ...

智通财经5月19日电，商务部部长王文涛会见丹麦外交大臣拉斯穆森，双方就中丹、中欧经贸关系、维 护多边贸易体制等问题深入交换意见。丹麦工业联合会、诺和诺德、嘉士伯等丹麦经济界代表参加会 见。王文涛表示，近日，习近平主席复信中国丹麦商会，为深化中丹经贸合作指明了方向。中丹建交75 年来，两国关系历久弥新，稳步向前发展，双边贸易持续增长，绿色、医药、农食、机械等领域投资合 作成果丰硕。中国坚定不移扩大对外开放，积极扩大国内需求，致力于打造稳定、透明、可预期的营商 环境。当前，国际形势变乱交织，面对单边主义、保护主义和逆全球化的严峻挑战，中方愿同丹方和欧 方一道，秉持建交初心，加强政策沟通，深化务实合作，共同维护以世贸组织为核心的多边贸易体制， 为世界注入更多稳定性和正能量。 王文涛部长会见丹麦外交大臣拉斯穆森 ...

Core Viewpoint - The China Securities Regulatory Commission (CSRC) aims to enhance transparency and predictability in its systems, improve communication with international investors, and optimize the management of overseas listings and qualified foreign institutional investors [1] Group 1: Regulatory Enhancements - The CSRC will focus on improving the quality and efficiency of overseas listing filing management [1] - There will be support for qualified foreign institutions to apply for new businesses and establish new products [1] - The cross-border financial service system will be continuously improved [1] Group 2: Market Opening and Coordination - The CSRC will enhance the systematic nature of opening up, coordinating the opening of stock, bond, and futures markets [1] - There will be an increase in the supply of internationalized futures and options products [1] - The aim is to enrich asset allocation and risk management tools [1] Group 3: International Cooperation - The CSRC will strengthen bilateral and multilateral cross-border regulatory cooperation [1] - Active participation in the formulation of international standards and rules will be emphasized [1] - The collaboration between the mainland and Hong Kong markets will be further strengthened to consolidate Hong Kong's status as an international financial center [1]

2025港澳山东周活动5月19日—23日举办 山东与港澳合作不断走深走实 山东高度重视打造一流营商环境，2024年将全省高水平开放暨高质量招商引资大会作为"新春第一 会"，出台《关于打造高水平对外开放新高地的实施意见》，为包括港澳企业在内的跨国公司来鲁投资 兴业提供全方位服务。数据显示，2024年，山东新设香港投资企业739家，实际使用港资85.9亿美元， 占全省实际使用外资的72.7%，新设澳门投资企业11家，实际使用澳门投资693万美元。根据最新数 据，山东在营香港投资企业6335家，实际使用港资951.5亿美元，占比为65.2%，在来山东投资国家和地 区中名列第一位。2025年1-3月，山东新设香港投资企业117家，实际使用港资26.2亿美元，占全省实际 使用外资的74.1%。 近日，在日月新半导体（威海）有限公司成品仓库内，一箱箱半导体集成电路正在紧张有序完成封 装贴标，即将从威海发往香港。"随着智能汽车、5G通信等行业高速发展，半导体封装测试市场需求持 续增长。我们公司规模化交付及时率达100%、良品率99.95%、在全球行业排名第一，这是我们的核心 竞争力。"该公司关务部经理郭庆华介绍，2025年 ...

2025年5月18日 注：本报告所涉及个股/公司仅代表与产业或交易热点有关联，所引述资讯/数据/观点仅以展示为目的，不构成投资建议，个股层面请参照东吴证券研究所各行业组所推荐标的。 证券研究报告 如何看修订版"重组办法"？ ——每周主题、产业趋势交易复盘和展望 证券分析师：陈刚 执业证书编号：S0600523040001 邮箱：cheng@dwzq.com.cn 研究助理：孔思迈 执业证书编号：S0600124070019 邮箱：kongsm@dwzq.com.cn 目录 1、本周市场回顾 2、产业趋势交易回顾与展望 3、《重组办法》修订 4、风险提示 2 注：本报告所涉及个股/公司仅代表与产业或交易热点有关联，所引述资讯/数据/观点仅以展示为目的，不构成投资建议，个股层面请参照东吴证券研究所各行业组所推荐标的。 1. 本周市场回顾 注：本周交易日为5月12日-16日 （如无特殊说明）后文同 3 注：本报告所涉及个股/公司仅代表与产业或交易热点有关联，所引述资讯/数据/观点仅以展示为目的，不构成投资建议，个股层面请参照东吴证券研究所各行业组所推荐标的。 一：大盘表现 ✓ 上证指数走势 4 注：本报告所涉及个股 ...

Core Viewpoint - The recent release of the "Nansha Financial 30 Measures" aims to enhance financial support for Nansha, positioning it as a key financial hub in the Guangdong-Hong Kong-Macao Greater Bay Area and a demonstration window for financial openness in China [1][4]. Group 1: Key Measures - The "Nansha Financial 30 Measures" includes 30 key initiatives across six areas: improving financial services for innovation and entrepreneurship, enhancing financial services for social welfare, developing specialized financial services, promoting financial market connectivity in the Greater Bay Area, facilitating cross-border financial innovation, and refining financial regulatory mechanisms [3]. - Emphasis is placed on supporting technology innovation, high-end manufacturing, digital industries, marine industries, and future industries through financial means [3]. - The measures also focus on financial service modernization and digitalization, including policies for capital settlement and cross-border insurance transactions to meet the needs of residents and businesses in the Greater Bay Area [3]. Group 2: Historical Context - The "Nansha Financial 30 Measures" is not the first national-level financial support policy for Nansha; previous initiatives include the "Nansha Financial Reform 15 Measures" in 2014 and the "Overall Plan for Deepening Comprehensive Cooperation in the Greater Bay Area" released by the State Council in 2022 [4]. - These policies have progressively established Nansha as a key area for financial reform and innovation [4]. Group 3: Strategic Importance - Nansha's geographical advantages, being centrally located within the Greater Bay Area and close to Hong Kong and Macau, provide a unique opportunity for economic development [5]. - The financial sector in Nansha has grown significantly, with the financial industry's value added to GDP increasing from nearly zero in 2015 to approximately 10% in 2024 [6]. - Nansha has attracted a diverse range of financial institutions and has been designated as a pilot area for high-level cross-border trade and investment openness [6]. Group 4: Future Outlook - The national government has high expectations for Nansha to become a leading area for financial reform and openness, marking it as the only district to receive national-level financial policies three times [8]. - The "Nansha Financial 30 Measures" is expected to empower further financial innovation and openness, facilitating the integration of financial markets in the Greater Bay Area and contributing to the construction of a strong financial province in Guangdong [8].