Group 1 - BASF integrates its Asia-based tetrahydrofuran business into its Caojing facility in China, ceasing production in Ulsan, South Korea, reflecting confidence in China's development amid global economic challenges [1] - Shanghai's foreign investment performance is strong, with 4,764 new foreign enterprises established in the first three quarters of the year, a 5.5% year-on-year increase, and actual foreign investment exceeding $380 billion [1] - Shanghai's actual foreign investment during the "14th Five-Year Plan" period has surpassed $100 billion, reaching $100.33 billion, ahead of schedule [1] Group 2 - Shanghai has the highest concentration of regional headquarters for multinational companies in mainland China, with 44 new recognitions this year, totaling 1,060 [2] - The business services sector, driven by headquarters economy, accounted for 58.83 billion USD in actual foreign investment, with its share rising from 40.7% to 48.8%, a year-on-year increase of 68.8% [2] - Policies supporting multinational company headquarters have been implemented to enhance their capabilities in various functions, including R&D and financial management [2] Group 3 - Roche invested 2.04 billion CNY in a biopharmaceutical base in Shanghai, expected to be completed by 2029 and operational by 2031, highlighting ongoing foreign investment in China's healthcare sector [3] - High-tech industries are becoming a new focus for foreign investment in Shanghai, with the share of high-tech industry investment rising from 23% during the "13th Five-Year Plan" to 33% during the "14th Five-Year Plan" [3] Group 4 - The establishment of the only Asian technology center by Evonik in Shanghai's Songjiang District signifies the city's attractiveness for foreign investment in new materials [4][5] - Zeiss signed a land use agreement for its largest infrastructure investment in China, marking significant progress for its Greater China headquarters project [5] Group 5 - Shanghai's consumer market is vibrant, with 848 new flagship stores opened from January to October, including 498 in the food and beverage sector and 275 in retail [6] - The opening of the world's largest LEGO theme park in Jinshan and the upcoming "Harry Potter Studio Tour" in Shanghai reflect the city's growing appeal in the tourism sector [6] Group 6 - The opening of the Waldorf Astoria in Shanghai adds to the city's status as a major destination for high-end tourism, with confidence expressed by Hilton's Asia-Pacific president [7]

Core Insights - The latest GDP ranking of the top 20 Asian cities reveals a new competitive logic, with Tokyo leading at 66.77 trillion yen, and Chinese cities occupying a significant share of the rankings, particularly Beijing, Suzhou, and Wuhan [1][3][5] Group 1: Economic Performance - Tokyo ranks first with a GDP of 66,773 billion yen, followed by Shanghai at 53,927 billion yuan and Beijing at 49,843 billion yuan, which is close to 5 trillion yuan [1] - Suzhou, with a GDP of 26,727 billion yuan, is closely trailing Hong Kong, which has a GDP of 28,993 billion yuan, with a gap of only 2,266 billion yuan [3] - Wuhan's GDP stands at 21,106 billion yuan, showcasing a growth rate of 6.8%, which is double that of Osaka, indicating a significant upward trend [5] Group 2: Growth Drivers - Beijing's economic strength is bolstered by its strategic positioning as a political and technological hub, housing over 100 central enterprise headquarters, contributing 35% of its GDP [1] - Suzhou's industrial output is significantly driven by foreign manufacturing enterprises, which account for 40% of its industrial value, and a high digital transformation rate of 85% among its industrial enterprises [3] - Wuhan is leveraging its geographical advantage as a logistics hub, with the "光芯屏端网" (Optical Chip Screen Network) strategy, leading to a 30% export share from its optical electronics industry [5] Group 3: Future Prospects - The competition among these cities reflects different developmental paths: Beijing relies on headquarters and technology, Suzhou focuses on manufacturing and openness, while Wuhan is transitioning from a transportation hub to an industrial hub [6]

2025年兰州市总部企业认定，是贯彻落实《关于加快兰州市总部经济发展的实施意见》，加快构 建"3+2"现代产业体系，推动总部经济高质量发展开展的专项活动，本次认定共确定31家企业，涵盖可 直接认定型、综合型、功能型和成长型四类，兰电股份凭借突出的产业贡献与职能定位，被认定为"功 能型总部企业"。 近日，兰州市发展和改革委员会发布2025年度总部企业认定名单，甘肃电气集团兰电股份成功入选，获 评"兰州市功能型总部企业"称号。 自搬迁至兰州新区以来，兰电股份始终聚焦电机主业，持续加大技术创新与产品研发投入，在服务地方 经济增长、驱动区域产业升级等方面发挥了重要作用，为兰州总部经济发展注入了实质动能。 下一步，兰电股份将紧扣国家"双碳"战略目标，持续深耕高效节能、新能源配套等前沿领域，强化技术 研发与产品创新，充分释放功能型总部的资源整合与产业辐射优势，深化产业链协同与集聚发展，为兰 州市乃至甘肃省的经济高质量发展与装备产业升级贡献更多力量。（来源：甘肃电气集团） ...

11月13日，市委书记周红波在玄武区调研。他强调，玄武区要深入学习贯彻党的二十届四中全会 精神，高起点谋划"十五五"发展，走好特色发展之路，精准发力关键领域和细分赛道，全方位塑造高质 量发展新动能，彰显特大城市中心城区新活力。 调研中，周红波来到苏美达、国机数科两家公司，了解国机集团在宁业务发展情况，要求有关方面 加强走访服务，支持企业更好发挥产业链供应链龙头作用，加大在宁布局、持续做大增量。在鱼跃全球 研发总部、红山森林动物园、招商局江苏中心，周红波详细了解总部经济集聚、文商旅融合、国际街区 建设等情况。 周红波强调，有关部门要在战略规划、体制机制、资源要素等方面，更大力度支持玄武区改革攻坚 开放提升。当前正值四季度关键期，玄武区要抢抓窗口、全力冲刺，坚决完成全年目标任务，为全市高 质量发展多作贡献。 市委常委、秘书长黎辉参加。 周红波听取了玄武区工作汇报和"十五五"发展考虑。他指出，近年来玄武区经济密度、创新浓度和 文旅热度不断提升，发展后劲持续增强。"十五五"时期是玄武区乘势而上、提升能级的关键期，要增 强"走在前、做示范"的责任感、紧迫感，找准发展切入点和突破口，更加注重发挥数字经济、服务经 济、人文 ...

Core Insights - Energy state-owned enterprises (SOEs) are accelerating their relocation to Xiong'an New Area, with major companies like China Huaneng and China Sinochem moving their headquarters, while others like China Datang and China Huadian are speeding up construction [1][3] - Over 100 subsidiaries or innovative business units of energy SOEs have gathered in Xiong'an, indicating a significant restructuring of industrial and innovation chains in the area [3] - The Hebei Huadian Xiong'an Park 3MW distributed photovoltaic project has generated over 4.5 million kilowatt-hours, showcasing the integration of clean energy systems with natural landscapes [3] Group 1 - Xiong'an New Area is facilitating the gathering of energy SOEs through high-quality services, leading to a noticeable agglomeration effect of headquarters economy and the formation of a green energy industry chain [1][3] - The establishment of a "one-stop" landing solution for energy SOEs is part of Xiong'an's strategy to streamline the relocation process, integrating various policies into a dedicated service for the energy sector [5][6] - A total of nearly 50 strategic departments from SOEs have been engaged in discussions to facilitate their business layout in Xiong'an, indicating proactive measures to address long decision-making cycles [5][6] Group 2 - The Xiong'an New Area Business and Investment Promotion Bureau is committed to providing a favorable environment for the high-quality development of relocated SOEs, focusing on supporting cutting-edge technology research and application [6]

Economic Overview - Jinan's GDP surpassed 10,433.7 billion yuan in the first three quarters of this year, with a year-on-year growth of 5.4% [1] - The leading districts in terms of economic output are Lixia District, High-tech Zone, Shizhong District, and Licheng District, with Lixia District achieving 2,032.3 billion yuan [1][3] Lixia District Performance - Lixia District maintained its position as the economic leader with a GDP of 2,446.9 billion yuan in 2023, growing by 6.0% [3] - The district's GDP is projected to reach 2,577.8 billion yuan in 2024, with a growth rate of 5.6% [3] - Lixia District was recognized as a "Shandong Province High-Quality Development Demonstration Zone," with modern service industries accounting for 64.9% of service sector value added [3][4] Qibu District Highlights - Qibu District exhibited remarkable growth with a GDP growth rate of 15.8%, the highest in the city [6] - Key indicators such as public budget revenue and retail sales also showed significant increases, with public budget revenue growing by 55.5% [6][7] - The industrial sector in Qibu District saw a 20.7% increase in industrial added value, significantly above the city average [6][7] High-tech Zone Achievements - The High-tech Zone achieved a GDP of 1,656.7 billion yuan, with a year-on-year growth of 7.8% [9] - The zone's industrial and service sectors reported substantial revenues, with industrial revenue reaching 2,777.5 billion yuan, a 47.3% increase [9][10] - The High-tech Zone's public budget revenue is projected to approach 200 billion yuan by the end of the year, surpassing Lixia District for the first time [10][12] Future Prospects - The High-tech Zone aims to initiate a "third entrepreneurship" phase, targeting the creation of a "new high-tech zone" within the next decade [13] - The district is focusing on developing key industries such as new generation information technology, high-end equipment, and biomedicine, which are expected to drive future growth [12][13]

Core Insights - The headquarters of major Chinese energy companies, including China Huaneng and China Sinochem, are relocating to Xiong'an New Area, indicating a significant shift in the energy sector's operational landscape [1] - The construction of headquarters for China Datang and China Huadian is accelerating, showcasing the rapid development of energy enterprises in the region [1] - More than ten energy-related central enterprises, such as China National Nuclear Corporation and China National Petroleum Corporation, are establishing subsidiaries or innovative business units in Xiong'an, highlighting the area's growing importance [1] Group 1 - Xiong'an New Area is facilitating the relocation of energy central enterprises, demonstrating a "speeding up" in the process of economic restructuring [1] - The concentration of headquarters in Xiong'an is leading to a noticeable agglomeration effect in the headquarters economy, which is beneficial for the overall energy sector [1] - A collaborative development pattern is emerging, characterized by "central enterprise headquarters + research and development bases + supporting enterprises" in the green energy industry [1]

Core Insights - Shanghai Jing'an District continues to lead in procurement orders at the China International Import Expo (CIIE), showcasing its role as an international hub for innovation and business services [1][12] - Major multinational companies like L'Oréal are not only participating in the CIIE but are also establishing local partnerships to enhance innovation and market presence in China [2][4] - Jing'an has transformed from a traditional trade zone to a global city core, focusing on high-end services, technological consumption, and cultural appeal [12][13] Group 1: Investment and Business Development - Jing'an District has attracted 142 multinational company headquarters and over 6,100 foreign enterprises, maintaining the highest density of headquarters economy and global brand concentration in Shanghai [4] - The district's strategy includes building collaborative platforms to address core challenges from R&D to commercialization, enhancing the competitive edge of local enterprises [4][8] - During the CIIE, 14 companies from various sectors signed investment agreements, indicating a shift towards long-term partnerships and shared risks [4][8] Group 2: International Collaboration and Market Entry - Companies like Grin and CAPOLAVORO have successfully navigated the Chinese market with the support of Jing'an's incubation services, demonstrating the district's role in facilitating foreign brands' entry [5][8] - Jing'an's global service provider plan aims to connect domestic companies with international markets, offering a comprehensive infrastructure for cross-border operations [8][12] - The district's unique exhibition areas at the CIIE highlight its commitment to showcasing regional industrial competitiveness and cultural charm [9][12] Group 3: Future Development and Strategic Goals - Jing'an aims to enhance its internationalization, focusing on high-end elements and service-driven economic growth, while promoting innovation in fashion consumption and technology [12][13] - The district plans to optimize its business environment and improve service mechanisms to support enterprise development [12][13] - Jing'an positions itself as a strategic partner for global innovators and investors, emphasizing its collaborative ecosystem for shared growth [13]

Core Viewpoint - The manufacturing sector in Inner Mongolia has shown robust growth in the first three quarters of the year, with a year-on-year increase of 8.8% in value added, surpassing the national average by 2 percentage points [1] Group 1: Manufacturing Growth - The value added of the above-scale manufacturing industry in Inner Mongolia increased by 8.8% year-on-year, which is 2 percentage points higher than the national average [1] - The growth in the manufacturing sector contributed 2.8 percentage points to the overall industrial economic growth in the region [1] Group 2: New Momentum Industries - The value added of the equipment manufacturing industry increased by 21.2% year-on-year, exceeding the overall industrial growth rate by 15.3 percentage points [1] - High-tech manufacturing also saw a significant increase, with a year-on-year growth of 16.5%, which is 10.6 percentage points higher than the overall industrial growth rate [1] Group 3: Traditional Industries - The chemical industry experienced a year-on-year increase of 14.7% in value added [1] - The metallurgy and building materials industry saw a growth of 5.3% year-on-year [1] Group 4: Economic Drivers - The stable growth in manufacturing is attributed to the influence of headquarters economy, leading enterprises in the industry, chain-leading enterprises, and advanced manufacturing [1] - The scale effect of the industry is gradually being released, further stabilizing growth and expectations [1]

Core Insights - The Qianhai Cooperation Zone has attracted significant foreign investment, with actual foreign capital usage reaching 15.27 billion yuan from January to September 2025, a year-on-year increase of 25.4%, accounting for 56.4% of Shenzhen's total [1] - Qianhai has become a preferred destination for foreign investment in China, with over 12,000 foreign enterprises established, including 51 multinational company headquarters [1] - The region is recognized for its strategic location in the Guangdong-Hong Kong-Macao Greater Bay Area, enhancing its appeal to global companies like KONE Elevator, which has initiated investment plans in the area [1] Investment and Economic Development - Qianhai has gathered 203 Fortune Global 500 companies, forming clusters in high-end services, fintech, digital economy, and professional services, creating a robust ecosystem for foreign enterprises [2] - The cross-border e-commerce sector in Qianhai is thriving, with a projected import and export volume exceeding 120 billion yuan in 2024, reflecting a growth rate of over 100% [2] - The introduction of policies to support research and development centers, including financial incentives, aims to attract global R&D resources to the area [1] Infrastructure and Services - Qianhai is developing a comprehensive service system that includes housing for talent, international schools, and medical institutions, enhancing its international living and working environment [3] - The region has implemented measures allowing 26 types of professionals, including tax advisors and lawyers, to practice directly, facilitating a more efficient business environment [3] - A one-stop service center for foreigners has been established, offering 700 international services covering government, business, and daily life needs [3]