Core Viewpoint - Shenzhen is implementing a comprehensive plan to promote high-quality development in service trade and digital trade, aiming to enhance its international competitiveness and support its goal of becoming a globally influential economic center by 2030 and 2035 [1]. Group 1: Promotion of Efficient Flow of Trade Resources - The implementation plan focuses on four key areas: facilitating cross-border data flow, accelerating technology transfer, providing financial support for trade development, and enhancing talent mobility [3]. - A pilot program for a "negative list" system for cross-border data flow will be established in specific regions, allowing approved research institutions and enterprises to share scientific research data internationally [3]. - The plan aims to expand the use of the Renminbi in cross-border transactions, improving efficiency and convenience for businesses [3]. Group 2: Innovation in Digital Trade - The plan proposes to open up value-added telecommunications services to attract foreign investment in internet data centers and related services [5]. - It emphasizes the importance of enhancing the software and information services sector, supporting quality software companies, and promoting the export of software services [5]. - The development of high-end outsourcing in sectors like biomedicine, software development, and cultural creativity is encouraged, along with the establishment of digital creative industry parks [5]. Group 3: Enhancement of Service Trade - The plan includes measures to strengthen international transportation services and expand shipping routes to Europe, Oceania, and Africa [8]. - It aims to attract foreign investment in specialized service sectors, including healthcare and professional services, by clarifying regulations for foreign-owned hospitals and encouraging international collaboration in education and research [9]. - The development of cross-border financial and insurance services is prioritized, with initiatives to facilitate efficient cross-border fund settlement for e-commerce businesses [9]. Group 4: Facilitation of Cross-Border Travel Services - The plan explores allowing qualified foreign-invested travel agencies registered in Shenzhen to conduct outbound tourism business outside Taiwan [10]. - It supports the development of high-value-added bonded maintenance services and aims to establish Shenzhen as a global trading center for electronic components [10].

Core Viewpoint - The Shenzhen Municipal Bureau of Commerce and the Municipal Development and Reform Commission have jointly issued a plan to promote high-quality development of service trade and digital trade in Shenzhen, focusing on enhancing international transportation service capabilities [1] Group 1: International Transportation Services - The plan aims to expand international shipping routes to Europe, Oceania, and Africa, and to increase the frequency of cross-border e-commerce shipping lines [1] - It includes the expansion of bonded fuel oil and LNG refueling services for international vessels, which will drive the internationalization of various upstream and downstream business entities [1] Group 2: Aviation and Logistics - The initiative seeks to leverage low-altitude intelligent infrastructure to explore cross-border helicopter flights between Shenzhen and Hong Kong, as well as emergency rescue public services in general aviation [1] - There is a goal to expand the approval authority for international express delivery business (agency) operations [1]

Core Viewpoint - The Shenzhen Municipal Bureau of Commerce and the Municipal Development and Reform Commission have jointly issued a plan to promote high-quality development of service trade and digital trade, emphasizing financial support for these sectors [1] Financial Support for Trade Development - The plan aims to expand the application of RMB (Renminbi) settlement, enhancing the convenience and efficiency of cross-border RMB usage [1] - Banks are encouraged to optimize document review processes and strengthen data sharing while enriching RMB payment scenarios [1] - The initiative seeks to improve the experience of enterprises using RMB for investment, project construction, procurement, and revenue recovery [1] Digital Currency and Risk Management - The plan promotes participation in multilateral central bank digital currency bridge projects and encourages banks to expand services for enterprises seeking foreign exchange risk hedging [1] - There is a focus on expanding the application of foreign exchange risk hedging products, including swaps and linked products [1] Export Credit and Insurance Services - The plan aims to optimize export credit and export credit insurance services, particularly in the service trade sector, to enhance business coverage and support [1] - It encourages enterprises to improve their international operational capabilities [1] Financial Innovation and Investment Facilitation - The initiative promotes cross-border financial innovation based on Free Trade Accounts (FT Accounts) and aims to expand account functions and pilot bank ranges [1] - It advocates for a unified bank settlement account system for both domestic and foreign currencies, with plans to expand the range of participants [1] - The plan facilitates the qualification application process for Qualified Foreign Institutional Investors (QFII) and Renminbi Qualified Foreign Institutional Investors (RQFII), improving direct investment foreign exchange management [1] - It supports foreign institutions in investing in Shenzhen's technology enterprises through Qualified Foreign Limited Partnership (QFLP) structures [1]

Core Points - The 2025 China International Service Trade Fair (CIFT) will take place from September 10 to 14 at the Shougang Park in Beijing, with a fixed annual schedule starting from this year [1] - The fair aims to enhance international cooperation in the service industry and trade, becoming an important global public product [1] Group 1: Event Details - The CIFT will feature a Global Service Trade Summit on the morning of September 10, followed by tours for foreign diplomats [2] - Various activities will include exhibitions, forums, and trade negotiations, with a focus on showcasing new technologies and applications from both domestic and international enterprises [2] - The event will also include cultural performances, sports events, and business inspections to create a vibrant exhibition town [2] Group 2: Services and Support - The fair will provide improved services for trade matching, entry and exit convenience, dining guarantees, and document registration [3] - Enhanced digital platform functionalities will be implemented for personalized queries and connections [3] Group 3: Australia as Guest Country - Australia will be the guest country for the 2025 CIFT, showcasing its strengths in green economy, education, tourism, food, consumer goods, and health sectors [4] - The participation scale of Australia will reach a historical record, with notable institutions and companies confirmed to attend [4]

Group 1 - The Jiangsu Provincial People's Congress held its 15th meeting, focusing on personnel appointments and reports from various government bodies [1] - The meeting included discussions on the work of the provincial supervisory commission regarding corruption and misconduct issues affecting the public [1] Group 2 - The Provincial Legislative Committee reported on the review results of the draft regulations for preventing and resolving conflicts and disputes [2] - The provincial government submitted proposals for the review of several local regulations, including the draft regulations on agricultural machinery management and public libraries [2] - Reports were presented on the management of government debt for 2024 and measures to enhance digital trade and service trade quality [2] Group 3 - A report was provided on the qualifications of individual representatives within the Provincial People's Congress [3] Group 4 - The meeting reviewed 11 legislative proposals submitted by municipal people's congresses for approval [4] - Discussions were held with representatives from various municipal congresses to gather opinions and suggestions on relevant topics [4]

中新社北京5月28日电(记者吕少威)2025年中国国际服务贸易交易会(下称"服贸会")将于9月10日至14日 在北京首钢园区举办。届时，将聚焦服务贸易热点趋势，提升专业化、国际化、市场化水平，继续高规 格举办全球服务贸易峰会，重点展示数字技术、人工智能等新技术在服务贸易领域的广泛应用。 中国商务部部长助理唐文弘28日在2025年中国国际服务贸易交易会驻华使节及代表交流活动上提到上述 内容。 唐文弘指出，当前，人工智能、大数据等技术迭代创新，不断降低跨境服务交付成本，催生新的服务模 式，推动全球服务业加快发展，服务贸易已经成为国际贸易活力板块和全球经济发展新动能，将继续以 服贸会为桥梁和纽带，与各国分享中国服务贸易开放发展机遇，为全球服务业和服务贸易发展凝聚共 识、汇聚合力。 澳大利亚驻华大使吉思德表示，澳大利亚作为2025年服贸会主宾国，将全面展示澳大利亚在服务贸易方 面的优势专长，打造充满活力的展览区域，带来澳大利亚最新的创新创造和技术服务。期待借助服贸会 平台与各方探索更多合作投资机遇。 北京市商务局局长朴学东表示，今年服贸会将广泛邀请外国政府机构、国际组织和服务贸易领域代表性 企业等设展，展示新技术、新 ...

Core Viewpoint - The Chongqing Municipal Government is promoting the development of international trade finance through various initiatives, including enhancing financial cooperation between domestic and foreign institutions and optimizing cross-border RMB services [1] Group 1: Financial Initiatives - Encouragement for domestic and foreign financial institutions to collaborate on "external guarantee for internal loans," multimodal transport bill financing, and offshore RMB international letters of credit [1] - Support for innovative development of new offshore trade and exploration of optimized business authenticity reviews by banks [1] Group 2: Financing Goals - Aiming for a cumulative cross-border financing scale of $27 billion by 2027 [1] - Promotion of financing services for intangible assets such as intellectual property, trademarks, and technological achievements [1] Group 3: Digital Trade Enhancement - Utilization of the Jin Yu Network to improve the convenience of financial services for digital trade entities and their upstream and downstream partners [1] - Strengthening export credit insurance policy financing to enhance credit guarantees [1]

随着全球不确定性加剧，经济碎片化态势不减，传统货物贸易面临诸多挑战，而服务贸易、数字贸易等 新经贸形态兴起，成为培育外贸发展新动能的关键领域。5月17日至18日，2025清华五道口全球金融论 坛在深圳举行。围绕新经贸形态发展的挑战及机遇等话题，清华大学五道口金融学院副院长张晓燕在接 受南方都市报专访时表示，作为对外开放发展的前沿阵地，大湾区在推动金融、人工智能跨境合作上将 大有作为。 在当前关税战升温、全球经贸关系紧张的背景下，技术正成为重塑国际金融竞争格局的核心力量。张晓 燕进一步分析，一方面，先进技术特别是金融科技的迅猛发展正在推动资本流动、支付清算、风险管理 等领域的效率变革，使拥有技术优势的国家在金融体系中获得更强的资源配置能力和议价权。 另一方面，技术也在逐步演化为非传统的"金融壁垒"，通过数据主权、算法控制、数字货币等新手段参 与全球竞争。因此，未来国际金融的主导权将更多取决于一国技术创新能力与制度支撑的深度融合，而 不仅仅是传统的贸易规则与资本实力。 在当下，人工智能成为技术竞争的"黄金赛道"。在张晓燕看来，AI需要有效使用，"AI首先要'善用'， 其次是'共建'。"她特别提到，在大湾区，尤其是 ...

Group 1 - The core viewpoint of the news is that Jinan is implementing a robust industrial development strategy to enhance its economic strength and address its historical industrial decline [1][2][3] - Jinan's industrial added value once accounted for over 50% of its GDP, but this trend has not been sustained due to a shift towards service industries in the 1990s [2] - The city has set ambitious goals, including achieving over 1 trillion yuan in industrial revenue by 2024, which has already been surpassed with a reported revenue of 1,018.94 billion yuan [2] Group 2 - Jinan has identified 13 landmark industrial chains and 34 key industrial chains, focusing on sectors such as electronic information, high-end software, modern medicine, and new energy equipment [3][5] - The city aims to establish a modern aerospace information industry system by 2027, positioning itself as a national leader in aerospace information applications [5] - The recent meeting emphasized the need for dynamic optimization of the industrial chain system to drive the overall upgrade of the city's industrial economy [1][3]

Core Viewpoint - The U.S. government's decision to impose a 100% tariff on foreign-produced films entering the U.S. signifies an extension of trade sanctions from goods to services, which will significantly impact Hollywood and its performance in the Chinese market [1][5]. Group 1: Impact on Hollywood - The U.S. tariffs and China's response to reduce the import of American films will create substantial challenges for Hollywood, pushing it into a more difficult situation [1]. - Hollywood's revenue from the Chinese market has seen a drastic decline, with box office earnings dropping from 216 billion RMB in 2017 to only 62.73 billion RMB in 2024, representing a decrease from 38.7% to 15.1% of global box office revenue [4][10]. - The number of Hollywood films generating over 1 billion RMB in China has decreased for two consecutive years, indicating a significant downturn in market performance [4]. Group 2: Market Dynamics - The Chinese film market has grown significantly, with over 80,000 screens and a total box office of 425.02 billion RMB in 2024, making it the second-largest globally [3]. - Hollywood films once accounted for half of their global box office revenue from China, but this share has diminished as the market dynamics shift [3][10]. - The competition from streaming platforms like Netflix and YouTube has further eroded traditional cinema attendance, with only 34% of U.S. adults preferring to watch films in theaters [10]. Group 3: Financial Implications - The average production cost of Hollywood films exceeds 200 million USD, and rising tariffs on imported materials will increase production costs and strain profitability [8][9]. - The overall U.S. film box office revenue is projected to decline from approximately 86 billion USD in 2023 to around 70 billion USD by 2025, reflecting a significant contraction in the industry [10]. - The U.S. service trade surplus, which includes film exports, may be adversely affected by the restrictions on Hollywood films in China, despite the relatively small direct contribution of film revenues to the overall service trade [12][14]. Group 4: Cultural and Strategic Considerations - Hollywood's cultural influence and the portrayal of American values through its films are at risk due to the increasing isolation from international markets [14]. - The U.S. government's tariffs may lead to retaliatory measures from other countries, further complicating Hollywood's ability to access key markets [13]. - The decline in Hollywood's global market share, which has fallen from over 60% a decade ago to 51% in 2023, underscores the industry's diminishing competitive edge [10].