Core Viewpoint - The establishment of the Beijing CBD Foreign Investment Comprehensive Service Station marks a significant step in enhancing Beijing CBD's role as a global resource allocation hub, aiming to facilitate foreign enterprises' entry into China [1][2]. Group 1: Service Station Functions - The service station will address various needs of foreign enterprises entering China, providing comprehensive services such as site visits, one-on-one consultations, policy interpretations, business registration, administrative services, and meeting support [2]. - It will serve as a platform for foreign enterprises to express their demands and receive support, thereby optimizing the service experience for foreign businesses [2]. Group 2: Economic Impact - Over the past five years, foreign investment institutions in Beijing CBD have contributed over 40% of the total tax revenue in the functional area [2]. - Currently, there are nearly 16,000 foreign investment institutions in the CBD, including 122 regional headquarters of multinational companies [2]. Group 3: Strategic Importance - The service station is a practical implementation of national strategies and a result of collaborative efforts between municipal and district governments [2]. - Beijing CBD aims to enhance its integrated and specialized services for foreign enterprises, creating a more favorable and convenient business environment to attract further foreign investment [2].

日本至5月23日当周外资买进日股 3093亿日元，前值由7149亿日元修正为7153亿日元。 ...

Core Viewpoint - The Chinese government is enhancing the reform and innovation of national economic and technological development zones to stabilize foreign trade and investment amidst increasing global protectionism and uncertainty in the external environment [1]. Group 1: Economic Impact - By 2024, the number of national economic and technological development zones will reach 232, contributing a regional GDP of 16.9 trillion yuan [1]. - These zones will account for 24.5% of the national foreign trade total, with an expected import and export value of 10.7 trillion yuan [1]. - Actual foreign investment is projected to be 27.2 billion USD, representing 23.4% of the national total [1]. Group 2: Policy Measures - The "Work Plan" includes 16 policy measures across four areas, aiming to position national economic and technological development zones within the broader context of Chinese modernization [2]. - Specific measures support foreign investment in sectors like biomedicine and high-end manufacturing, and encourage digital service exports [2]. - The plan also emphasizes enhancing the operational model of the zones, improving administrative efficiency, and creating a better business environment [2]. Group 3: Innovation and Development - The zones are expected to enhance innovation capabilities by supporting the establishment of industrial technology innovation platforms and promoting collaboration between industry and academia [2]. - The plan includes measures for resource allocation, such as allowing local governments to allocate annual land quotas specifically for these zones [2]. Group 4: Implementation and Coordination - The Ministry of Commerce will lead the coordination of the "Work Plan" and support local governments in implementing complementary measures [3]. - Efforts will be made to improve the investment environment and attract foreign capital, including enhancing the management system of development zones [3].

Group 1 - The core viewpoint highlights the stagnation of the Shanghai Composite Index, which fell by 0.26% for the year, while the CSI 300 dropped by 2.34%, attributed to the relatively weak performance of the Chinese yuan compared to other global currencies [1][2][4] - The Chinese central bank's strategy focuses on stability rather than rapid appreciation of the yuan, as a quick rise could lead to a sharp decline, emphasizing a long-term approach [2][4] - The disparity between A-shares and H-shares is noted, with the A-H share ratio hitting a historical low, leading to a significant outflow of foreign capital towards Hong Kong stocks while A-shares remain stagnant [4][5] Group 2 - The concept of "hidden gems" in the A-share market is introduced, suggesting that stocks that have been dormant for months may suddenly surge, akin to high-end fashion that surprises when revealed [5][7] - Institutional strategies involve locking in positions and waiting for the right opportunity to act decisively when market conditions improve [7][9] - Quantitative models are emphasized as tools for identifying institutional trading patterns, with a focus on the "activity level" of institutions, which can indicate potential stock movements [9][11] Group 3 - A warning is issued regarding the decline in institutional inventory, which has dropped to around 2100 stocks, with a critical threshold of 2000 stocks indicating a lack of institutional activity in the market [13]

点 击 蓝 字 关 注 我 们 国家能源局20日发布的信息显示，4月份全社会用电量7721亿千瓦时，同比增长4.7%。 4月份，分产业用电看， 第一产业用电量110亿千瓦时，同比增长13.8%；第二产业用电量5285亿千瓦时， 同比增长3%；第三产业用电量1390亿千瓦时，同比增长9%。城乡居民生活用电量936亿千瓦时，同比增长 7%。 前4月，全社会用电量累计31566亿千瓦时，同比增长3.1%，其中规模以上工业发电量为29840亿千瓦时。 分产业用电看，第一产业用电量424亿千瓦时，同比增长10%；第二产业用电量20497亿千瓦时，同比增长 2.3%；第三产业用电量5856亿千瓦时，同比增长6%。城乡居民生活用电量4789亿千瓦时，同比增长2.5%。 (来源:国家能源局 ) 前4个月我国全行业对外直接投资同比增长7.5% 本文全文共 976 字，阅读全文约 3 分钟 4月份全社会用电量同比增长4.7% 4月份全社会用电量同比增长4.7% 前4个月我国全行业对外直接投资同比增长7.5% 2025年1-4月全国吸收外资3207.8亿元人民币 (来源: 商务部 ) 2025年1-4月全国吸收外资3207.8亿元 ...

Group 1 - Japan's net external assets reached 533.05 trillion yen (approximately 3.7 trillion USD) by the end of 2024, marking a 13% increase year-on-year and setting a new historical high [1][4] - Germany surpassed Japan for the first time with net assets totaling 569.7 trillion yen, ending Japan's 34-year reign as the world's largest creditor nation [1][4] - China ranked third with net external assets of 516.3 trillion yen [1][4] Group 2 - Net external assets represent the total overseas assets of a country minus the total foreign assets within that country, serving as an important indicator of national wealth [4] - Germany's rise is attributed to a consistently expanding current account surplus, which reached 248.7 billion euros in 2024, compared to Japan's current account surplus of 29.4 trillion yen (approximately 1.8 billion euros) [4] - The appreciation of the euro against the yen by about 5% last year increased the valuation of Germany's overseas assets when measured in yen [4] Group 3 - Japan's Finance Minister, Kato Katsunobu, stated that Japan's net external assets continue to grow steadily, and changes in ranking do not indicate a fundamental shift [4] - The depreciation of the yen has led to increases in both overseas assets and liabilities for Japan, although asset growth has outpaced liabilities, partly due to expanded overseas business investments [4] - Japanese companies are increasingly directing foreign direct investments towards the US and UK, particularly in the finance, insurance, and retail sectors [4] Group 4 - The pace of Japanese companies' overseas expansion may be influenced by geopolitical policies, with some Japanese firms potentially accelerating the transfer of production capacity to the US to mitigate trade risks [4] - This ongoing trend could further reshape the global creditor nation landscape [4]

今天分享的是：Speeda思必达：2024年日本初创企业融资报告 报告共计：33页 2024年日本初创企业融资报告核心内容总结 一、融资规模总体趋稳，大额交易集中下半年 2024年日本初创企业融资总额达7793亿日元（约合人民币400亿元，不含债务融资），同比微增3%，获投企业数量小幅增至 2869家。尽管总规模未达2021年峰值，但单笔平均融资额攀升至3.1亿日元（约1590万元），较2023年增长24%。 从交易结构看，下半年大额融资显著增多：50亿至99.9亿日元区间的交易金额同比增长57.8%，企业数量增长75%；10亿至49.9 亿日元区间金额和企业数分别增长10.7%和8.8%。尽管100亿日元以上的交易规模和数量同比下降28.5%和50%，但中高额度交易 的增长仍支撑了整体融资质量。 二、外资VC活跃度提升，全球头部机构加速布局 2024年新设初创企业基金112家，总规模3870亿日元，同比分别下降14.5%和43%，终结了十年增长趋势。不过，企业风险投资 （CVC）占比提升，双方合作式CVC规模达1049亿日元，占全年基金募资总额的27%，显示企业更倾向通过联合投资降低风险 并深化业务协同。独 ...

近日，上海英斯贝克商品检验有限公司经市商务委正式认定为外资研发中心。这是对英斯贝克在商品检 验领域研发实力的认可，也是宝山区支持外资企业创新发展的成果。 上海英斯贝克商品检验有限公司成立于1997年，位于宝山高新区，是一家中外合资企业，专业从事商品 检验、鉴定、品质分析。公司具有国家质量监督检验检疫总局颁布的资格证书、商务部颁布的批准证 书，获准开展检验、检测、鉴定工作，业务涉及矿产品、金属材料、煤和焦炭、石油化工产品、农产 品、化肥等商品，凭借150多年的行业经验积累，英斯贝克已经发展成为全球第三方检验、检测的领先 企业之一。 宝山区始终将外资企业发展作为区域经济建设的重要一环，支持外资企业总部提升研发创新、财资管 理、投资决策等功能，构建更加适宜跨国公司发展的制度环境，为外资企业扎根发展厚植沃土。截至目 前，已有超3000家外资企业在宝山落地深耕，形成了良好的产业集聚效应。区商务委作为服务外资企业 的一线部门，今年已累计举办10余场外资投促活动、政企圆桌会议等，为企业提供政策解读、需求对接 的交流平台，精准助力企业增资扩产、实现能级跃升；同时，建立常态化走访机制，为英斯贝克等外资 企业送政策、解难题，在企 ...

最近，很多人可能都忽略了一个重要信号。 就是外汇管理局副局长说的一句话： 5月19日，国家外汇管理局副局长、新闻发言人李斌表示，4月份，外资配置人民币资产意愿持续向好。4月份外资净增 持境内债券109亿美元，处于较高水平。4月下旬外资投资境内股票转为净买入。 这件事有多重要？ 就像一个人说喜欢你，但是没有实际行动有什么用？ 外资天天发报告，说看好中国都没用，但真金白银买入中国，就很重要了。 再看看，外汇局公布的最新外汇收支表现：4月，企业、个人等非银行部门跨境资金净流入173亿美元。 从主要渠道看，一是我国外贸呈现一定韧性，货物贸易项下跨境资金净流入649亿美元，保持较高规模。二是外资配置 人民币资产意愿持续向好，4月外资净增持境内债券109亿美元，处于较高水平。 这几乎是近三年来首次转折。 图片 来源：pixabay 外资，真的开始买入中国资产了？ 但如今，资本貌似调转船头。 证券投资最近几个月，结售汇差额已经从逆差转为顺差。 并且，前四月证券投资的结售汇累计差额为26亿美元，也转正了。这也印证外汇局副局长那句话。 不知道大家有没有看到新闻，以前很多出去的人，开始回来了。（毕竟外面实在太无聊，也赚不到钱） ...

Group 1: Fund Manager Dynamics - A well-known 'fund king' has never received a rating from Jinan due to significant style drift, operating open-end funds like closed-end funds, raising industry concerns [1] Group 2: Market Insights - Goldman Sachs' chief China equity strategist Liu Jinjun and his team support an overweight stance on the Chinese stock market, citing potential resilience in the RMB exchange rate and an expected moderate improvement in corporate earnings [2] - The first batch of innovative floating-rate funds will start selling on May 27, with most products expected to close fundraising in June [3] - Credit bond ETFs are set to officially implement a pledge-style repurchase business, with several public fund institutions' credit bond ETFs meeting the necessary conditions [4] Group 3: Banking Sector - With domestic deposit rates declining, over 70% of A-share listed banks have a dividend yield exceeding 4%, and some banks have yields surpassing 8%, making bank stocks more attractive than traditional savings [5] Group 4: New Fund Launches - 15 new public funds were launched, with over 70% being equity funds, primarily index funds, covering various sectors including fintech, internet, pharmaceuticals, and consumer goods [6] Group 5: ETF Market Performance - A-shares experienced a collective adjustment, with the Shanghai Composite Index down 0.05%, Shenzhen Component down 0.41%, and ChiNext down 0.80%, while the Northbound 50 Index rose 1.94% [7] - The total market turnover was 10,339 billion, a decrease of 1,487 billion from the previous day, with nearly 3,800 stocks rising [7] - The gaming sector saw strong performance, with multiple gaming ETFs rising between 2.93% and 2.96% [9] Group 6: Hong Kong Market Trends - Hong Kong automotive stocks experienced a pullback, with the Hong Kong Stock Connect automotive ETF down 4.38% and the Hong Kong automotive ETF down 4.31% [11]