Investment Rating - The investment rating for the company is "Buy," indicating an expected increase in stock price relative to the market index by more than 15% over the next 6-12 months [38]. Core Insights - The company, Shaanxi Tourism (603402.SH), operates in the tourism sector, integrating tourism performances, cable cars, dining, and project investment and management. It is recognized as a leader in the cultural tourism industry in Shaanxi Province, leveraging its rich cultural heritage and natural resources [7][27]. - The company has shown significant revenue growth from 2022 to 2024, with projected revenues of CNY 2.32 billion, CNY 10.88 billion, and CNY 12.63 billion, reflecting year-over-year growth rates of -36.01%, 386.05%, and 17.86% respectively [8][34]. - The company is expected to face a decline in revenue and net profit in 2025, with forecasts indicating a decrease of 11.54% in revenue and 14.80% in net profit [2][34]. Financial Performance - The company reported revenues of CNY 2.32 billion in 2022, CNY 10.88 billion in 2023, and CNY 12.63 billion in 2024, with corresponding net profits of CNY -0.72 billion, CNY 4.27 billion, and CNY 5.12 billion [8][34]. - For the first three quarters of 2025, the company achieved revenues of CNY 8.89 billion, a decrease of 18.80% year-over-year, and a net profit of CNY 3.69 billion, down 26.93% from the previous year [8]. Industry Overview - The tourism industry in China has been experiencing robust growth, with domestic tourism reaching 3.15 trillion CNY in revenue in the first half of 2025, a 15.2% increase year-over-year [16][20]. - Shaanxi Province is a significant cultural and historical tourism destination, with government initiatives aimed at enhancing its tourism infrastructure and promoting cultural heritage [20][25]. Company Highlights - The company is a pioneer in cultural tourism in Shaanxi, with its flagship performance "The Long Hate Song" being a major cultural attraction [27]. - The company has developed a strong brand presence in tourism performances, cable cars, and dining, with notable projects including the West Peak Cableway and the Tang Le Palace restaurant [7][27]. - The company plans to expand its performance offerings and enhance its operational capabilities through various investment projects, including the construction of new cultural performance venues [30][33].

Core Viewpoint - The establishment of the Hubei Provincial Cultural Relics Bureau as a separate entity under the Hubei Provincial Department of Culture and Tourism is aimed at enhancing the management and protection of cultural relics, which is crucial for building a culturally strong province and a world-renowned cultural tourism destination [1][2]. Group 1: Establishment of Hubei Provincial Cultural Relics Bureau - The Hubei Provincial Cultural Relics Bureau has been approved to operate independently, with a vice-ministerial level status, no longer under the Hubei Provincial Department of Culture and Tourism [1]. - This move is expected to strengthen the administrative functions related to cultural relics management and improve the overall level of protection and utilization of cultural relics in Hubei [1]. Group 2: Cultural Heritage Resources in Hubei - Hubei province has a rich cultural heritage, with 36,473 immovable cultural relics, including 168 national key cultural relic protection units and 920 provincial cultural relic protection units, as well as 3 UNESCO World Heritage sites [2]. - As of July 2024, there are 238 registered museums in Hubei, housing over 2.95 million cultural relics and specimens [2]. Group 3: Recommendations for Cultural Relics Management - There have been suggestions from representatives during the National People's Congress to establish independent cultural relics bureaus in regions with dense cultural resources to handle all administrative tasks related to cultural relics [2]. - A proposal was made during the 2021 National Two Sessions to address the "last mile" issue in cultural relics protection and management, advocating for dedicated personnel and responsibilities in cultural resource-rich areas [2].

Core Insights - The 19th meeting of the Singapore-Jiangsu Cooperation Council was held in Nanjing, highlighting significant achievements in trade, investment, innovation, and cultural exchanges over the past year [1] - Future cooperation will focus on digital economy, biomedicine, service industry openness, and cultural tourism to deepen collaboration [1] - A memorandum of understanding was signed, and discussions were held on cooperation in modern services, biomedicine, and platform carriers, resulting in the signing of several key projects [1] Group 1 - The meeting was chaired by Liu Xiaotao, the Governor of Jiangsu, and attended by Singapore's Minister of State for Finance and National Development, Indranee Rajah [1] - The council aims to leverage the cooperation platform to enhance bilateral relations and achieve mutual benefits [1] - Key officials from both sides, including vice-chairpersons and ambassadors, participated in the meeting, indicating strong diplomatic engagement [1]

（原标题：专访斐济旅游局董事 Josaia Rayawa：在"自然之喜"中重塑长线海岛游竞争力） 近年来，全球长线海岛游市场正在悄然发生结构性变化。随着人们对深度旅行和个性化体验的需求日益 增长，短途观光和标准化度假产品逐渐失去吸引力，而那些能够提供独特文化体验、原生态自然景观以 及高质量服务的目的地，正在成为新一轮长线旅游市场的焦点。特别是在亚太及中国市场，游客更倾向 于选择"值得飞十小时以上"的海岛目的地，他们希望的不仅是美丽的海滩和度假村，更是可以亲身触碰 的当地生活、文化故事和人文情感。 在这样的趋势下，斐济凭借其丰富的自然资源、独特的文化氛围以及"人本精神"而脱颖而出。相比其他 长线海岛目的地，斐济不仅拥有连绵的珊瑚礁、宁静的泻湖和原生态村落，更在旅游服务中融入了深厚 的文化价值——从当地人的热情接待，到社区参与的民宿体验，游客能够感受到岛屿"自然的快 乐"与"人与人之间的真诚连接"。 正是在这样的大背景下，《现代广告》采访到斐济旅游局董事Josaia Rayawa。作为在旅游行业拥有逾三 十年经验的资深专家，他不仅见证了斐济旅游从欧洲殖民时代走向全球化的历程，也深度参与了斐济在 国际市场，尤其是中 ...

在福建的群山褶皱里，一座座圆楼方寨如大地隆起的年轮，承载着中原移民的乡愁，凝结着东方建筑的智慧。从宋元时期的雏形初现，到明末、 清代与民国的成熟鼎盛，福建土楼以生土为笔、夯筑为墨，书写了一部跨越千年的文明史诗。福建土楼这一独特的山区大型夯土民居建筑，融入 了中国传统建筑的"风水"理念，适应聚族而居的生活和防御的要求，体现了人文造诣与自然环境的和谐共享。 福建土楼的分布并非零散无序，而是集中扎根于龙岩永定、漳州南靖与华安等地的山区。这里群山阻隔、林深谷幽，既为土楼提供了天然的防御 屏障，也孕育了独特的夯土营造环境。 走进福建土楼，最先震撼人心的是那厚重坚实的夯土墙。这些墙体的厚度少则一米多，多则两三米，历经数百年风雨侵蚀，依旧能抵御地震、台 风与外敌，是土楼营造技艺中"天人合一"的智慧。 夯筑的过程，更是一场"力与美"的协作。过去没有大型机械，工匠们全靠人力，用木制的"夯杵"一层层夯打。每一层土铺好后，四五个工匠分站 四方，喊着整齐的号子，将夯杵高高举起，再重重砸下，直到土层紧实得用钉子都难以钉入。 如果说夯土是建造者完成的一场波澜壮阔的力学交响，那么土楼结构设计便是一幅匠心独运的工笔长卷。怀远楼整体呈双环圆形 ...

Core Points - The meeting between Shandong Provincial Secretary Lin Wu and South Korea's new ambassador to China, Lu Jae-hyun, highlights the importance of Shandong in Sino-Korean relations and the commitment to deepen cooperation in various sectors [1] - Lin Wu emphasized Shandong's role as a major province in population, culture, and economy, aiming to accelerate the construction of a green, low-carbon, high-quality development zone [1] - The discussion included enhancing bilateral investment and cooperation in fields such as artificial intelligence, biomedicine, healthcare, modern agriculture, and cultural tourism [1] Summary by Categories - **Political Context** - The visit of Ambassador Lu Jae-hyun and participation in the China (Shandong) - South Korea Friendship Week reflects the strong ties and mutual respect between Shandong and South Korea [1] - Recent high-level meetings between Chinese President Xi Jinping and South Korean President Lee Jae-myung have set a positive direction for local cooperation [1] - **Economic Cooperation** - Shandong aims to become a significant economic growth pole in northern China, focusing on high-level opening-up and green development [1] - There is a solid foundation for cooperation between Shandong and South Korea, with increasing exchanges in personnel and trade [1] - **Sectoral Collaboration** - The meeting underscored the intention to strengthen traditional industry cooperation while also expanding into emerging sectors such as smart manufacturing, renewable energy, and cultural consumption [1]

迪里耶是沙特推动实现2030愿景重点打造的一个文化旅游目的地。为吸引更多游客，迪里耶门发展 局推出迪里耶季，通过举办各种活动推动旅游业发展，促进经济繁荣，增强社区活力。在刚刚举行的 2025年伦敦世界旅游交易会上，该公司重点展示了迪里耶的现有景点以及未来的投资机遇和旅游体 验。"当前，游客们寻求的不只是参观景点或地标性建筑，他们希望体验故事、感受故事、聆听故事， 并成为故事的一部分。"苏纳扬表示，"沙特正向世界敞开胸怀，我们诚邀世界各地的游客来体验一段独 一无二的旅程。" 苏纳扬说，沙特旅游业发展立足于自己的特色，从特有的历史建筑，到遮阴避凉的椰枣树，再到精 心策划的各种旅游文化活动，沙特希望讲述自己的文化和历史故事。"迪里耶是沙特王国故事的起点， 可持续发展是我们生活方式的重要部分。"苏纳扬表示，今年的迪里耶季推出一系列活动，旨在保护文 化遗产，展现自然之美。"我们希望通过这些活动以更鲜活的方式展示文化和历史，为游客留下独特而 深刻的真实体验。" "沙中友好交往源远流长。"苏纳扬说，沙特高度重视中国市场，期待能够为游客提供独特的文化历 史体验，更好满足游客多样化需要。"我们希望能让中国游客感受到宾至如归的温 ...

Core Viewpoint - The "Village Dance" event in Chongqing showcases rural culture and modernity, highlighting achievements in rural revitalization and community engagement through dance competitions [1][3]. Group 1: Event Overview - The "Bashu Village Flower: Dancing Mountain City" and "Beautiful Countryside Square Dance" invitation competition took place on November 14, featuring 15 teams and 300 performers from various villages in Chongqing [1]. - The event utilized square dancing as a medium to reflect new achievements in reform and development, rural revitalization, and national unity [1][3]. Group 2: Cultural Representation - Participating teams presented original or locally adapted dances that highlighted agricultural culture, folk customs, and local industry characteristics [3]. - The Nanchuan District team, composed of agricultural workers, conveyed a positive lifestyle through their dance, while the Wanzhou team performed a "Plate Dance" celebrating the ancient red orange [3][5]. Group 3: Community Engagement - The event emphasized the transformation of villagers from spectators to creators and performers, enhancing cultural identity and pride [5]. - The organizers highlighted the integration of agriculture, non-material cultural heritage, and cultural tourism, leveraging the "Farmers Sports+" effect to promote community involvement [5].

Core Insights - The article highlights the development and transformation of Yangzhou, emphasizing its cultural, industrial, and ecological advancements as part of the "Three Famous Cities" initiative [1][7]. Group 1: Industrial Innovation - Yangzhou has undergone a significant transformation in its industrial sector, establishing a "613" industrial system that focuses on six major industry clusters and thirteen industrial chains, with industrial sales surpassing 900 billion yuan [2]. - The aviation industry in Yangzhou has evolved from non-existence to nearly a hundred related enterprises within five years, showcasing a complete research and development chain for airborne systems [2]. - The city has implemented a local industrial innovation promotion regulation and established a leadership group to enhance technological innovation and support for research and development [2]. Group 2: Cultural Tourism - Yangzhou is recognized as a "World Canal City," "World Food City," and "East Asia Cultural City," reflecting its rich cultural heritage and tourism potential [4]. - The city has revitalized historical areas, such as the Renfengli cultural street, transforming them into popular tourist destinations through government-supported initiatives [4][5]. - In 2023, Yangzhou's tourism received over 100 million visitors, marking a historic high, with tourism revenue exceeding 100 billion yuan [5]. Group 3: Ecological Development - Yangzhou has prioritized ecological restoration, with significant improvements in water quality and the establishment of ecological centers, achieving a 71.5% protection rate for natural wetlands [6]. - The city has reduced the number of chemical enterprises from 586 to 93 to protect water quality, demonstrating a commitment to sustainable development [6]. - Yangzhou has implemented various social welfare policies, including community care for the elderly and child-friendly urban spaces, enhancing the quality of life for its residents [6].

Group 1 - Gansu Province has discovered a large magnesium dolomite mine with over 700 million tons of resources, marking a significant breakthrough in mineral resource exploration [2][3] - The mine is located in the Kongtong District of Pingliang City, with an average magnesium oxide grade of 20.67%, indicating high-quality ore suitable for open-pit mining [2][3] - In addition to the magnesium ore, over 300 million tons of dolomite for construction purposes have also been identified, showcasing the diverse utilization potential of dolomite resources [3] Group 2 - The establishment of the Quality Control Center for Rehabilitation Medicine in Qingyang signifies a new phase of standardized and regulated development in the field of rehabilitation medicine [4] - The "Qingyang Has Gifts · Tianjin Color Sharing" agricultural product exhibition and sales event aims to enhance cooperation between regions and promote Qingyang agricultural products in the Tianjin market [4] - The cultural exchange activity "Cutting Clouds" will showcase Qingyang paper-cutting art in Germany and France, promoting local culture internationally [6]