5月1日，南宁国际会展中心A馆热闹非凡，中国—东盟优品展销中心（以下简称"展销中心"）正式揭幕 运营。依托南宁国际会展中心人流量优势，以及广西会展经济强劲的辐射动能，展销中心为市民带来全 新消费体验，也为区域经贸发展注入新活力。 图为揭幕运营仪式现场。主办方供图 走进展销中心，琳琅满目的商品让人应接不暇。从独具风情的东盟优品、品质上乘的俄罗斯甄选好物， 到广西"桂字号"、"老字号"领军品牌，展销中心首批上架特色商品超2000余款，以国企品质、物美价优 等优势，迅速成为市民消费的首选之地。 展销中心不单是汇聚国内、国际特色商品的销售场所，还是广西国企品牌的全方位展示舞台，更是集产 品展销、经贸促进、文化交流、电商孵化等多功能于一体的综合性经贸平台，兼具公益与经贸双重属 性。 "我们以国企担当筑牢品质防线，通过'源头直供'压缩流通成本，让广西国企好物、全球特色商品以惠 民价格直达百姓生活。"广西国际博览集团党委书记、董事长胡志崇说。 开业仪式上，展销中心与广投集团、广西农垦、广旅集团、柳钢集团、广西供销社、广西国宏集团等众 多区直国企，以及丹泉酒业、花香六堡茶厂等广西本土知名品牌进行签约，携手构建"国企优品联盟" ...

Core Insights - The event "Green Source: Qinghai Treasures Enter Shanghai" showcased 50 categories of unique products from 43 Qinghai enterprises, including Tibetan carpets, Qing embroidery, goji berries, and quinoa, during the Shanghai "Five-Five Shopping Festival" [1][3] Group 1: Event Overview - The event took place from April 30 to May 1, featuring a variety of ecological highland products and immersive experiences for attendees [1][3] - Qinghai's cultural and tourism department promoted the province as an international tourism destination, with Olympic champion Qieyang Shenjie endorsing Qinghai products [3] Group 2: Consumer Engagement - Attendees could use a stamp card to explore and taste health-oriented products, learn about lake salt characteristics, and hear stories about intangible cultural heritage at eight distinct product points [3] - The event utilized a "government subsidy + enterprise discount" model to distribute consumption vouchers online, aiming to broaden consumer reach [3] Group 3: Strategic Initiatives - The "Shanghai-Qinghai Quality Products Standard System" version 1.0 was launched to facilitate the entry of Qinghai's organic agricultural products into the Shanghai and Yangtze River Delta markets [5] - Qinghai's Commerce Department emphasized the event as a practical implementation of new development concepts, leveraging Shanghai's status as an international consumption hub to integrate into domestic and international dual circulation [5] Group 4: Culinary Promotion - A tasting promotion for Qinghai's "Home Banquet" was held, featuring collaboration between Hong Kong's Maxim's Group chef and Qinghai noodle artisans, highlighting the natural purity and nutritional value of Qinghai ingredients [7] - The initiative aims to introduce more highland health food ingredients into Shanghai's dining market, enhancing the collaboration between Qinghai and Shanghai and supporting rural revitalization and consumption promotion [7]

Group 1 - The city is focusing on stabilizing foreign trade by enhancing core competitiveness and resilience of enterprises in response to external challenges [1][2] - Emphasis on maintaining existing overseas market shares while exploring new emerging markets through diversified market development strategies [2] - Support for enterprises in upgrading product structures and transforming trade methods, promoting integration of domestic and foreign trade [2] Group 2 - Encouragement for enterprises to collaborate in expanding markets and building a collective "going abroad" community to strengthen supply chain resilience [2] - City-level departments and districts are tasked with coordinating efforts, tracking external situation changes, and ensuring effective communication of policies [2] - Continuous optimization of services to address enterprises' challenges, establishing tailored solutions for individual companies [2]

Summary of China Tianying's Conference Call Company Overview - **Company**: China Tianying - **Industry**: Waste-to-energy and renewable energy Key Points Financial Performance - In 2024, China Tianying achieved revenue of **56.67 billion RMB**, a **6.46%** increase year-on-year, but net profit attributable to shareholders was **2.8 billion RMB**, a **16.99%** decrease year-on-year. Excluding a one-time tax payment of **1.83 billion RMB**, net profit would have increased by **37.41%** to **4.63 billion RMB** [2][4] - In Q1 2025, revenue was **12.06 billion RMB**, a **3.64%** decrease year-on-year, with net profit down **47.63%** to **1.06 billion RMB**. This decline was attributed to delays in overseas EPC project revenue recognition, increased financial costs due to new energy project financing, and the expiration of tax incentives [2][5] Business Segments - In Q1 2025, the waste-to-energy segment accounted for approximately **50%** of total revenue with a gross margin of **47%**. The urban environmental services segment contributed about **35%** of revenue with a gross margin of **24%** [2][7] - The company is focusing on expanding its overseas waste-to-energy projects in regions such as Southeast Asia, Europe, and Latin America, leveraging its first-mover advantage [2][6] Strategic Initiatives - China Tianying is pursuing a dual circulation development strategy, emphasizing both domestic and international markets. The company has signed a strategic cooperation agreement with Suez Group to advance EPC projects [2][6] - The company is also advancing hydrogen energy projects, having secured nearly **10GW** of wind and solar capacity for hydrogen production [2][6] Market Dynamics - The global trade environment and foreign exchange risks are impacting the company's profit margins. The company is monitoring currency fluctuations and implementing hedging strategies [2][8] - The demand for hydrogen is projected to exceed **20 million tons** by 2030, with China Tianying positioned to capitalize on this growth through its rapid project advancements in off-grid hydrogen production [2][9] Cost and Pricing Trends - The production cost of green hydrogen at the Liao Yuan project is approximately **15 RMB per kg**, with expectations for further cost reductions as technology improves [3][16] - The price of green methanol is anticipated to exceed **1,000 Euros per ton** from 2025 to 2030, driven by compliance requirements and market demand [12] Collaborations and Projects - China Tianying is collaborating with shipping companies and traders like Maersk and BP to develop green fuel solutions, including projects in Jilin and Heilongjiang for green methanol and RNG [13][34] - The company is also exploring the integration of waste-to-energy with data centers to enhance profitability and meet energy demands in high-consumption areas [24][25] Future Outlook - The company expects to see significant growth in revenue and profits from its overseas projects and the integration of waste-to-energy with data centers. The anticipated implementation of carbon tariffs in Europe is expected to create additional high-visibility orders [11][22][23] - China Tianying is committed to improving its financial structure and efficiency in receivables management to address challenges related to accounts receivable [26][30] Conclusion - Despite facing challenges in 2024, China Tianying is poised for growth in 2025, driven by its waste-to-energy and renewable energy initiatives. The company is well-positioned to leverage its strategic partnerships and market opportunities in the evolving energy landscape [35]

Core Viewpoint - The development of cross-border e-commerce and the improvement of the cross-border delivery logistics system are crucial tasks for the current and future work, with significant strategic importance for enhancing supply chain resilience and promoting integrated domestic and international trade [1][2]. Group 1: Current State and Achievements - The cross-border delivery logistics system has seen rapid development, with the national express delivery volume expected to exceed 170 billion pieces in 2024, and international express delivery volume growing at a rate of 25% [1]. - Over 2,500 overseas warehouses have been established, covering a total area of more than 30 million square meters [1]. Group 2: Challenges and Structural Issues - High costs are undermining the competitiveness of small and medium-sized enterprises [2]. - Insufficient customs facilitation and inconsistent inspection standards are causing delays in cross-border packages due to clearance issues [2]. - The digitalization level is lagging, with many SMEs not connected to international logistics information platforms, resulting in low visibility across the entire logistics chain [2]. - The uneven distribution of overseas warehouses and a growing talent gap are hindering sustainable industry development [2]. Group 3: Recommendations for Improvement - Strengthening infrastructure layout and enhancing the global supply chain network by accelerating the automation of ports, airports, and railways, and supporting the construction of regional distribution centers [2]. - Establishing a cross-border logistics big data sharing platform to integrate customs, tax, and enterprise data flows, and utilizing technologies like blockchain for traceability [3]. - Developing a multi-dimensional consumer promotion system and establishing a unified cross-border logistics complaint response platform to optimize the cross-border consumption environment [3].

全球贸易壁垒高筑、关税战硝烟弥漫之际，我国外贸企业出口转内销已从"选择题"变为"必答题"。这不 仅是应对外部冲击的权宜之策，更是顺应国内国际双循环新发展格局的战略抉择。 对外贸企业而言，当下最需要做的是拿出"中国制造"的硬核底气，将深耕国际市场积累的经验，比如精 益化的生产能力、全球化供应链的整合能力以及精准市场定位的分析能力等，化作开拓内销市场的有力 武器——借"外贸之石"，雕内销市场的"美玉"。 眼下，国内大型商超、电商平台纷纷抛出"橄榄枝"，通过展销、采购计划等方式助力外贸企业去库存。 这些雪中送炭的帮扶，让困境中的外贸企业获得喘息的机会。但外贸企业必须清醒地认识到，去库存只 是转型的起点，要想真正扎根国内市场，还需在市场定位、产品策略、品牌建设等领域开展系统性变 革。 当务之急是转变思维，在内销产品适配方面下功夫。长期以来，外贸企业依据出口订单进行标准化、规 模化生产，生产模式与国内市场差距较大。转战内销，要打破固有思维，捕捉国内消费者的消费习惯， 从产品的本土化改造着手，实现从"按单生产"到"按需定制"的转变。 再者，品牌建设不可或缺。不少外贸企业尤其是中小外贸企业，多从事贴牌代工，品牌建设意识淡薄 ...

Economic Growth and Development - In 2024, Henan Province's GDP reached 6.36 trillion yuan, with a growth rate of 5.1%, and a first-quarter growth of 5.9% [1] - The province has maintained a stable grain production of over 1.3 trillion jin for eight consecutive years, contributing significantly to national food security [2] - The integration of technological and industrial innovation is driving high-quality economic development, with high-tech manufacturing and strategic emerging industries growing by 14.1% and 10.6% respectively in the first quarter [5] Agricultural and Food Industry Transformation - Henan produces 10% of the nation's grain and 25% of its wheat, with annual exports of 600 billion jin of raw grain and 20 million pigs [4] - The province is transitioning from being a "grain warehouse" to a "kitchen for the nation" and "dining table for the world," with a focus on food processing industries like prepared dishes and snacks [4] - The integration of technology in agriculture is exemplified by smart irrigation systems that enhance crop yields [3] Transportation and Logistics Infrastructure - Henan is leveraging its central location to become a crucial hub for domestic and international logistics, with extensive transportation networks including nearly 10,000 kilometers of highways and railways covering over 53% of the population within three hours [7] - The province's foreign trade in the first quarter reached 204.26 billion yuan, a year-on-year increase of 28%, ranking third nationally [8] Ecological and Environmental Initiatives - Henan is actively implementing ecological protection strategies, achieving a water quality monitoring standard of 86.1% for surface water, exceeding national targets [9] - The province has undertaken significant ecological restoration projects, transforming previously degraded areas into productive landscapes [10] Future Development Strategies - The provincial government aims to enhance employment, support the real economy, and stabilize foreign trade while focusing on high-quality development and integrating into the national market [10]

Core Insights - The article highlights the proactive measures taken by the Suzhou branch of the Industrial and Commercial Bank of China (ICBC) to support local foreign trade enterprises amidst challenging international economic conditions [1][2][7] Group 1: Financial Support Initiatives - ICBC Suzhou branch provided a tailored export trade financing service, issuing 100 million RMB in cross-border financing within one day to assist a local technology company facing cash flow issues due to export challenges [1] - The bank has issued nearly 1.5 billion RMB in loans to around 200 small and medium-sized foreign trade enterprises in 2024, demonstrating its commitment to supporting the local economy [2] - The bank has expanded its credit support for foreign trade enterprises by leveraging short-term export credit insurance and has identified nearly 10 enterprises on its "white list" for enhanced credit support [2] Group 2: Enhancements in Cross-Border Settlement - ICBC Suzhou has integrated its global document management system with the State Administration of Foreign Exchange's cross-border financial blockchain service platform, improving the efficiency and accuracy of document processing [2] - The bank has implemented fee reductions for foreign exchange services aimed at small and medium-sized foreign trade enterprises, enhancing their access to financial services [3] - Over 400 high-quality enterprises have been included in the high-level opening pilot program, with more than 250,000 transactions processed, amounting to over 80 billion USD [3] Group 3: Risk Management and Innovation - The bank promotes a risk-neutral approach to currency risk management, providing guidance to foreign trade enterprises on using hedging products to mitigate exchange rate fluctuations [5] - ICBC Suzhou has introduced various foreign exchange products, including spot and forward contracts, to meet the financial needs of enterprises involved in the Belt and Road Initiative [6] - The bank collaborates with guarantee companies to enhance credit limits for small and medium-sized enterprises, facilitating their access to foreign exchange services without requiring collateral [6] Group 4: Market Expansion Support - ICBC Suzhou actively supports the dual circulation strategy by leveraging its global network to connect domestic and international markets, aiding enterprises in expanding their global presence [7] - The bank has launched a new service system for foreign trade, including specialized credit and innovative products to assist enterprises in exploring international markets [7] - The bank has established cross-border cash management services for over 200 enterprises, significantly improving the efficiency of capital utilization across borders [8]

Core Viewpoint - Company reported a revenue of 19.22 billion yuan for 2024, marking a year-on-year growth of 10.21%, and a net profit of 676 million yuan, up 45.18% from the previous year [1][2] Group 1: Financial Performance - The company's net profit attributable to shareholders reached 676 million yuan, with a growth rate of 45.18% [1][2] - The net profit after excluding non-recurring gains and losses was 531 million yuan, reflecting a year-on-year increase of 14.71% [1][2] - The chemical and health sectors generated revenues of 17.37 billion yuan and 850 million yuan, respectively, with growth rates of 11.62% and a decline of 12.39% [2] Group 2: Business Strategy - Company focuses on a dual business model of "chemical + health," leveraging vertical integration to enhance its industry platform [4][6] - The strategy includes "New Materials +" for precise layout in the chemical industry and "Collagen +" for multi-dimensional development in the health sector [2][6] - Company aims to enhance its global presence by initiating preparations for H-share issuance and listing [7] Group 3: Market Position and Future Plans - Company is recognized as a leading player in the domestic chemical new materials industry and has been expanding its overseas market presence [6][7] - The company plans to discuss specific details regarding the H-share issuance with relevant intermediaries [7] - The 2024 profit distribution plan includes a cash dividend of 2.8 yuan per 10 shares, totaling approximately 74.2 million yuan [7][8]

Core Points - The "Oriental Pearl No. 8" ferry has resumed operations, marking the restart of the passenger route from Dandong, China to Incheon, South Korea after a hiatus of 5 years and 3 months [1] - The resumption of this route signifies the complete restart of both container and passenger transport between Dandong and Incheon, enhancing trade efficiency between China and South Korea [1] - The ferry's maximum passenger capacity has been increased to 1,500, and significant upgrades have been made to the Dandong port's facilities to support the ferry's operations [1] Group 1 - Dandong Port's border inspection station has prioritized the ferry's resumption as a key annual task, implementing high-level planning and coordination with various agencies to ensure smooth operations [2] - A joint working group has been formed with local maritime and customs authorities to optimize support plans for the ferry's resumption [2] - Training programs for border inspection personnel have been enhanced to improve their operational capabilities, focusing on passenger inspection processes and emergency response [2] Group 2 - A special task force has been established to address potential peak periods of passenger traffic, with emergency plans in place to ensure efficient processing of entry and exit procedures [3] - The ferry operates on a schedule with departures from Dandong every Tuesday, Thursday, and Saturday at 5 PM, and returns from Incheon every Tuesday, Thursday, and Saturday at 8 AM [3] - Passengers are advised to allow sufficient time for customs and border checks and to keep their travel documents secure [3]