Group 1: Summer Economic Activation - The summer economy is revitalizing consumer spending, with unique cultural and tourism activities driving increased visitor numbers, such as a 230% year-on-year increase in visitor traffic at a themed attraction in Henan [5][10] - Various regions are launching differentiated cultural tourism activities to boost summer travel, including adventure sports and cultural festivals, contributing to a rise in tourism consumption [5][10] Group 2: National Unified Market Development - The construction of a national unified market is progressing, with initiatives to facilitate business migration and streamline administrative processes, exemplified by a company relocating with reduced bureaucratic hurdles [11][14] - Collaborative agreements among regions, such as the Yangtze River Delta, are enhancing market integration and regulatory cooperation, supporting the establishment of a unified market [11][14] Group 3: Acceleration of Major Project Construction - Major infrastructure projects are being expedited, with significant milestones achieved, such as the completion of a 4,197 km power transmission project and the production commencement of a large-scale green ammonia facility [17][20] - The government has allocated 800 billion yuan for construction projects, supporting 1,459 initiatives, which is crucial for stabilizing the economy and boosting domestic demand [17][20] Group 4: Expansion of High-Level Opening Up - High-level international exhibitions are being successfully held, attracting increased participation and showcasing innovations, which reinforces China's commitment to opening its markets [23][26] - Foreign investment cases, such as the opening of the largest LEGO park in Shanghai and significant projects by multinational corporations, highlight the ongoing expansion of China's openness to global business [23][26]

Group 1: Summer Economic Activity - The summer economy is revitalizing consumption, with various regions launching unique cultural and tourism activities to boost summer travel [2][3] - The Wansui Mountain Scenic Area in Kaifeng, Henan, reported a 230% increase in visitor numbers compared to last year, with around 70,000 daily visitors during the summer [2] - Regions like Guizhou and Xinjiang are creating new consumption scenarios by integrating culture, tourism, sports, and food [2] Group 2: National Unified Market Development - The construction of a national unified market is advancing, with 355 administrative service items achieving "Chuan Yu Tong Ban" (Sichuan-Chongqing mutual recognition) [3][4] - The Central Economic Committee has outlined plans to deepen the construction of a unified national market, with various regions actively participating [3][4] - The Beijing-Tianjin-Hebei region is focusing on industrial transfer and restructuring, while Jiangsu is enhancing regulatory frameworks to support market integration [3][4] Group 3: Major Project Acceleration - Major infrastructure projects are being expedited, including the completion of the 750 kV transmission project around the Tarim Basin, which spans 4,197 kilometers [5][6] - The National Development and Reform Commission has allocated 800 billion yuan for "two heavy" construction projects, supporting 1,459 projects [6] - The successful progress of these projects is crucial for stabilizing the economy and expanding domestic demand [6] Group 4: High-Level Opening Up - High-level international exhibitions are being successfully held, with the third Chain Expo seeing a 2.2 times increase in foreign delegations compared to the previous year [7][8] - The opening of the world's largest LEGO park in Shanghai and the launch of ExxonMobil's ethylene project in Guangdong highlight China's commitment to foreign investment [8][9] - China's proactive approach to expanding high-level opening up is seen as a source of confidence and opportunity for global development [8][9]

7月30日召开的中共中央政治局会议指出，要扩大高水平对外开放，稳住外贸外资基本盘。帮助受冲击 较大的外贸企业，强化融资支持，促进内外贸一体化发展。优化出口退税政策，高水平建设自贸试验区 等开放平台。商务部研究院研究员白明表示，当前外部环境复杂严峻，稳住外贸外资基本盘要加码、加 油、加力。会议提到"高水平建设自贸试验区等开放平台"，和之前"实施自贸试验区提升战略"一脉相 承，自贸试验区开放政策举措有望加码。在他看来，自贸试验区要结合自身资源禀赋，在扩大高水平开 放中争当新的"排头兵"。在当前外需增长存在压力的情况下，自贸区的发展有助于企业应对压力，增强 竞争力。(上海证券报) ...

中经实习记者 孙汝祥 记者 夏欣 北京报道 7月30日，中共中央政治局召开会议。会议指出，要增强国内资本市场的吸引力和包容性，巩固资本市 场回稳向好势头。 会议指出，要坚定不移深化改革。坚持以科技创新引领新质生产力发展，加快培育具有国际竞争力的新 兴支柱产业，推动科技创新和产业创新深度融合发展。纵深推进全国统一大市场建设，推动市场竞争秩 序持续优化。依法依规治理企业无序竞争。推进重点行业产能治理。规范地方招商引资行为。坚持"两 个毫不动摇"，激发各类经营主体活力。 会议强调，要扩大高水平对外开放，稳住外贸外资基本盘。帮助受冲击较大的外贸企业，强化融资支 持，促进内外贸一体化发展。优化出口退税政策，高水平建设自贸试验区等开放平台。 会议指出，要持续防范化解重点领域风险。落实好中央城市工作会议精神，高质量开展城市更新。积极 稳妥化解地方政府债务风险，严禁新增隐性债务，有力有序有效推进地方融资平台出清。增强国内资本 市场的吸引力和包容性，巩固资本市场回稳向好势头。 （编辑：夏欣 审核：何莎莎 校对：张国刚） 会议指出，做好下半年经济工作，宏观政策要持续发力、适时加力。要落实落细更加积极的财政政策和 适度宽松的货币政 ...

中共中央政治局：要扩大高水平对外开放，稳住外贸外资基本盘，优化出口退税政策，高水平建设自贸 试验区等开放平台。 ...

Core Insights - The total social logistics volume in China reached 171.3 trillion yuan in the first half of the year, marking a year-on-year growth of 5.6%, indicating a stable and progressive development in the logistics industry [1] - The logistics volume of industrial products grew by 5.8% year-on-year, contributing 85% to the overall growth of social logistics, which supports the stability of the industrial economy and the smooth operation of supply chains [1] - The logistics demand in the equipment manufacturing sector increased by 10.9%, while the high-tech manufacturing sector saw a 9.7% rise, highlighting these areas as significant growth drivers for logistics demand [1] - The logistics volume for 3D printing equipment and industrial robots exceeded a 20% year-on-year increase, reflecting strong demand in these advanced manufacturing sectors [1] - The import logistics volume of major commodities such as crude oil and iron ore has shown recovery, aided by policies promoting domestic demand and consumption [1] - The logistics volume for consumer goods increased by 6.1% year-on-year, with notable growth in logistics demand for electronic products and travel-related consumption [1] Sector Performance - The logistics volume for renewable resources grew by 17% year-on-year, with an acceleration of 1.2 percentage points compared to the first quarter [2] - There is a developing synergy in logistics across sectors such as automotive and home appliances, with logistics volumes for products like cars, tablets, smartphones, and washing machines all exceeding 10% growth [2]

Core Viewpoint - The logistics industry in China is showing stable growth and improved quality and efficiency, with a total social logistics volume of 171.3 trillion yuan in the first half of the year, reflecting a year-on-year growth of 5.6% [1][3]. Logistics Industry Performance - The total social logistics volume reached 171.3 trillion yuan, with a growth rate of 5.6%, which is 0.3 percentage points higher than the GDP growth rate during the same period, indicating strong support from logistics demand for economic development [1]. - The logistics of industrial products grew by 5.8%, contributing 85% to the total social logistics growth, providing solid support for the stability of the industrial economy and the smooth operation of supply chains [5]. Emerging Industries and Digital Economy - The integration of the digital economy with the real economy has led to strong growth in logistics demand from emerging industries, with logistics demand in the equipment manufacturing sector increasing by 10.9% and high-tech manufacturing by 9.7% [5]. - The logistics volume related to 3D printing equipment and industrial robots saw a year-on-year increase of over 20% [5]. Foreign Trade and Import Logistics - With high-level opening up and diversification of foreign trade, the decline in import logistics volume has narrowed in the second quarter, with a recovery in the logistics volume of major commodities like crude oil and iron ore [7]. - The import of integrated circuits increased by 8.9%, with a growth rate improvement of 0.5 percentage points compared to the first five months of the year [7]. Consumer Logistics - Driven by various policies to expand domestic demand and promote consumption, the consumer market has become more active, with logistics volume for goods transported to units and residents growing by 6.1% in the first half of the year [9]. - Notable growth in logistics demand is observed in consumer goods related to trade-in programs, electronics, and travel, indicating a significant increase in consumer demand [11]. Recycling and Related Sectors - The logistics volume for renewable resources grew by 17%, with an acceleration of 1.2 percentage points compared to the first quarter [13]. - There is a dynamic trend forming in sectors such as automobiles and home appliances, with logistics volume for products like cars, tablets, smartphones, and washing machines all achieving growth rates exceeding 10% [13].

Core Viewpoint - The recent issuance of the "Notice on Implementing Measures to Encourage Foreign Investment Enterprises to Reinvest in China" by seven government departments aims to optimize reinvestment management and services, promoting long-term development of foreign-funded enterprises in the Chinese market [1][2]. Group 1: Measures to Encourage Reinvestment - The "Notice" includes 12 measures focusing on cost reduction, efficiency enhancement, resource expansion, and quality improvement to facilitate foreign reinvestment [1]. - It emphasizes the importance of foreign direct investment (FDI) in advancing high-level opening-up and achieving modernization in China [2]. - The measures are seen as a response to the declining global FDI trends and aim to enhance investor confidence in the Chinese market [2][3]. Group 2: Specific Reinvestment Stages - The "Notice" details encouragement measures across different stages of reinvestment: application, implementation, and evaluation [4]. - During the application phase, it simplifies the process for foreign enterprises to establish new domestic entities if their parent company has existing industry access permits [4]. - The implementation phase encourages local governments to create a project database for foreign reinvestment, allowing eligible projects to receive support [4]. Group 3: Financial and Tax Support - The "Notice" reinforces support for reinvestment through various factors, including land, production materials, funding, and tax policies [4]. - It allows foreign enterprises to reduce land costs through long-term leasing and flexible land transfer terms [4]. - Financial services are emphasized, with measures to facilitate the flow of reinvestment funds and provide tax incentives for foreign investors [6]. Group 4: Streamlining Processes - The "Notice" aims to streamline the application process for foreign-funded enterprises, enhancing efficiency in investment information reporting and inter-departmental information sharing [5]. - It also addresses the need for financial institutions to innovate products and services to support foreign reinvestment [6].

Group 1 - The Qingdao Customs has introduced a policy package consisting of 42 personalized support measures to accelerate the development of the world-class marine port and high-quality integration of "port-industry-city" in Rizhao [1] - The policy focuses on key areas such as port efficiency enhancement, energy trade hub construction, expansion of land-sea intermodal networks, upgrading of port industries, and optimization of the port business environment [1] - The goal is to establish Rizhao as a core node of the Yellow River land-sea corridor and an important gateway for northern China's opening up [1] Group 2 - The construction of land-sea intermodal transport channels is being expedited, with support for the opening of new sea-rail intermodal routes such as "Central Asia - Zhengzhou - Rizhao Port - Guangdong" and "Rizhao - Incheon" [2] - The business environment is continuously improving, with the replication of intelligent supervision models from Qingdao Port to Rizhao, enabling streamlined inspection processes [2] - Measures also support the establishment of a trillion-level grain and oil industry cluster and a new energy equipment export base in Rizhao, as well as the cultivation of new low-altitude economy sectors [2]

Group 1 - The core viewpoint emphasizes the significant increase in foreign investment in research and development (R&D) in China, with R&D expenditure growing over 86% and the number of effective invention patents increasing by 336% over the past decade [1] - Foreign-funded enterprises in China are seen as crucial to the country's technological innovation system, attracting high-end talent and advanced technologies, which contribute to economic restructuring and industrial upgrading [1][2] - The report highlights that foreign enterprises are increasingly integrating into China's economic system, benefiting from the country's large consumer market and complete manufacturing supply chain [2][3] Group 2 - The Chinese economy is undergoing a transformation focused on quality over quantity, with foreign investment in high-end services and manufacturing continuing to grow despite global economic challenges [3] - Specific sectors such as e-commerce services, aerospace manufacturing, and pharmaceuticals have seen substantial foreign investment growth, indicating the increasing importance of the Chinese market [3] - The shift of foreign enterprises from market-driven to innovation-driven models in China enhances their competitiveness in both domestic and global markets [3][4]