北京市朝阳区人民政府党组成员、副区长张梅表示，"两区"建设以来，朝阳区推动150余项先行先试改革试点政策 实施，落地109个在全国、全市具有首创性突破性的项目和试点，累计形成87项制度创新成果，15项原创性改革举 措面向全国复制推广，数量居全市首位，9项改革举措向全市复制推广。 以"两区"建设为契机，朝阳区积极拓展金融领域开放深度，落地全国首家新设外商独资证券公司——渣打证券， 宝马(中国)保险经纪、安顾方胜保险经纪成为资管新规以来首批获批的中外合资保险经纪机构。率先落地增值电 信业务开放试点，获批业务种类和数量全国领先。推动文化领域扩大开放，率先支持英皇电影成为全国首家CEPA 电影制作开放政策受益企业。 为保障要素流动顺畅，朝阳区在全市率先开展国际收支便利化全环节改革试点工作，先后设立"北京CBD跨国企业 数据流通服务中心"和"北京朝阳国际数据跨境服务枢纽"，初步形成数据跨境流动一南一北的双平台服务体系。 此外，朝阳区还落地自贸区内企业数据出境"负面清单"制度，并率先为外籍人员提供"两证联办"一窗受理服务。 9月10日，北京商报记者从北京市朝阳区"两区"建设五周年专题新闻发布会上获悉，作为北京"两区"建设 ...

Core Insights - Chaoyang District has made significant progress in the "Two Zones" construction over the past five years, focusing on international finance and digital economy, with over 150 reform policies implemented and 87 institutional innovations achieved [2][3] Group 1: Economic Performance - Chaoyang District has established 2,398 new foreign-funded enterprises, accounting for 28.4% of the city's total, and has 173 regional headquarters of multinational companies, representing 70% of the city's total [2] - From January to July this year, the actual use of foreign capital reached $1.3 billion, making up 43.7% of the city's total, while the total import and export volume was 723.9 billion yuan, accounting for 39.8% of the city [2] - The financial sector in Chaoyang District grew by 14.1% year-on-year in the first half of the year, with a financial value added of 87.71 billion yuan [5][6] Group 2: Institutional Innovations - The district has implemented over 150 pilot reform policies, resulting in 87 institutional innovations, with 15 original reform measures being replicated nationwide, the highest in the city [3][4] - Chaoyang District has established the first foreign-funded securities company in the country and has been a pioneer in various financial and cultural sector reforms [3][4] Group 3: Industry Development - The district has formed a modern industrial system characterized by internationalization, focusing on finance, business services, high-tech, and culture [6] - Chaoyang District has attracted nearly 700 companies in the artificial intelligence industry and over 1,400 companies in the metaverse sector, with information services becoming the second-largest pillar industry [7] Group 4: Future Outlook - The district aims to continue promoting institutional openness, enhance the global resource allocation capability, and deepen participation in global economic and trade cooperation [9] - Future plans include constructing a modern industrial system and promoting the distinctive and collaborative development of key functional areas like the Chaoyang group and Zhongguancun Chaoyang Park [9]

Core Insights - Chaoyang District has made significant progress in the "Two Zones" construction over the past five years, focusing on international finance and digital economy, with over 150 reform policies implemented and 87 institutional innovations achieved [1][2] - The district has established itself as a leading area for foreign investment, with 2,398 new foreign enterprises set up, accounting for 28.4% of the city's total, and 173 regional headquarters of multinational companies, representing 70% of the city's total [1][2] - In the first seven months of this year, actual foreign investment reached $1.3 billion, making up 43.7% of the city's total, while the total import and export volume was 723.9 billion yuan, accounting for 39.8% of the city's total [1] Institutional Innovations - Chaoyang District has implemented 150 pilot reform policies, resulting in 87 institutional innovations, with 15 measures being replicated nationwide, the highest in the city [2] - The district has introduced the first foreign-owned securities company in the country and has been a pioneer in various sectors, including telecommunications and cultural industries [2][3] - The establishment of the "Beijing CBD Multinational Enterprise Data Flow Service Center" and "Beijing Chaoyang International Data Cross-border Service Hub" has facilitated smooth factor flow [2] Financial Sector Growth - The financial sector in Chaoyang District has seen a year-on-year growth of 14.1%, with the added value reaching 87.71 billion yuan in the first half of the year [4] - The district hosts over 1,800 financial institutions, with nearly 400 being foreign or joint-venture entities, accounting for about 65% of the city's total [4] - The district has also launched 12 pilot policies, including the first broker-dealer foreign exchange business in the country [4] Business Services and Digital Economy - Chaoyang District has over 50,000 business service institutions, with a projected growth of 6.4% in leasing and business services revenue in 2024, making up about 40% of the city's total [5] - The district is actively developing the digital economy, with nearly 700 companies in the artificial intelligence industry and over 1,400 in the metaverse sector [5] - Information services have become the second-largest pillar industry in the district, contributing 49.4% to the district's revenue growth from January to August [5] Future Development Plans - The district aims to continue promoting institutional openness and create a world-class business environment to enhance global resource allocation capabilities [8] - There is a focus on building a modern industrial system and promoting the distinctive and collaborative development of key functional areas [8] - The district is committed to contributing to the high-quality development of the capital and the broader context of national openness [8]

Core Insights - The 2025 China International Service Trade Fair (CIFTIS) emphasizes China's commitment to high-level opening-up and integration with international trade rules, aiming to enhance service trade quality and expand market access [1][2][6] - The fair has evolved from a service outsourcing focus to a comprehensive platform embracing digitalization, green initiatives, and international collaboration, showcasing over 190 new products and innovations [2][4][5] Industry Development - China's service trade has seen significant growth, with total trade volume increasing from $482.9 billion in 2012 to over $1 trillion by 2024, and knowledge-intensive services now accounting for 41.4% of the total [2][3] - The fair has expanded its exhibition space from 50,000 square meters to 3 square kilometers, reflecting the growing scale and importance of the event [3] Policy and Innovation - Beijing has implemented a series of innovative policies to enhance service industry openness, including tax incentives for technology transfer and streamlined processes for foreign investment [6][7][8] - The establishment of the Beijing Free Trade Zone and the National Service Industry Expansion Demonstration Zone has attracted significant foreign investment, with actual foreign capital reaching $66.18 billion over five years [7][8] Global Collaboration - The fair serves as a platform for international cooperation, with participation from over 80 countries and organizations, facilitating discussions on technology innovation, digital services, and ecological sustainability [4][10] - Beijing aims to position itself as a leader in service trade by 2030, targeting a top-three national ranking in service trade scale and a 70% share of digital service exports [9][10] Future Outlook - The fair is expected to continue driving the transformation of China's service industry, focusing on digitalization, green development, and intelligent services to enhance global competitiveness [11]

Core Insights - The daily trading volume in China's financial market exceeds 10 trillion yuan, reflecting the significant development of the financial industry [1] - The China Foreign Exchange Trading Center (CFETC) has evolved from a small-scale market to a leading platform for global RMB and related asset trading [5] Group 1: Development of the Foreign Exchange Trading Center - The CFETC was established in 1994 as part of the reform to create a unified interbank foreign exchange market and implement RMB exchange rate reform [3] - Over 30 years, the CFETC has expanded its services to include nearly 6,000 institutions from over 70 countries, covering various financial markets and products [5] Group 2: Market Opening and Innovation - The CFETC has introduced multiple measures to open the interbank market, providing efficient investment channels for global investors [6] - The number of foreign institutional participants in the Chinese interbank market has surpassed 1,100, with foreign investors holding approximately 4 trillion yuan in bonds [6] Group 3: High-Quality Development and International Standards - The interbank market's depth and breadth provide a solid foundation for expanding openness, with a complete product system and good market liquidity [7] - The CFETC has developed green bonds in collaboration with the European Central Bank, aligning with international standards and promoting green finance in China [7] Group 4: Technological Advancements and Security - The CFETC has upgraded its trading systems to ensure independent design and control over core technologies, enhancing data security and market monitoring [8] - Despite increasing volatility in international financial markets, the Chinese interbank market has maintained stability while improving its openness [8]

五年来，北京市昌平区紧抓"两区"建设机遇，累计落地项目1900余个，新设外资企业329家，年均增速 高达28.2%，实际使用外资规模达16.8亿美元。在9月10日召开的2025年中国国际服务贸易交易会昌平专 场新闻发布会上，昌平区委常委、副区长柳强表示，一系列"全国首个"改革创新成果在此诞生，跨境贸 易便利度与资金服务能力显著提升，开放型经济迈上新台阶。 全国首创成果落地生根 五年来，昌平区以制度型开放为核心，先后出台自贸昌平组团实施方案、重点园区三年行动计划等20余 项专项政策，累计落地210项高含金量举措，形成了一批具有全国影响力的创新成果。 "我们紧抓'两区'建设战略机遇，深耕制度创新'试验田'，推进高水平对外开放，赋能高质量发展。"柳 强在发布会上介绍说。 在一系列政策举措支持下，昌平区催生出多个"全国首个"：全国首家国际研究型医院开门接诊，为临床 研究转化提供"昌平样本"；全国首个去中心化临床试验（DCT）试点落地运行；全国首家"一站式"特殊 物品及生物材料进出口公共服务平台投用；全市首个"人遗专员"试点；创新药"随批随进"机制等标志性 成果，持续彰显昌平制度型开放的"先行优势"。 外资外贸双增长 ...

Core Insights - Changping District in Beijing has leveraged the "Two Zones" initiative, resulting in over 1,900 projects and 329 newly established foreign-funded enterprises, with an average annual growth rate of 28.2%, and actual foreign investment reaching $1.68 billion [1][4]. Group 1: Policy and Innovation - Over the past five years, Changping has implemented over 20 specialized policies focused on institutional openness, leading to 210 high-value measures and several nationally influential innovations [3]. - Notable achievements include the establishment of China's first international research hospital, the first decentralized clinical trial pilot, and a one-stop public service platform for special goods and biological materials [3][4]. Group 2: Foreign Investment and Trade - Since the launch of the "Two Zones" initiative, Changping has attracted over $1.68 billion in foreign investment, with an annual growth rate of 31.7%, and established over 300 foreign-funded enterprises [4]. - The district's export total reached 12.53 billion yuan in the first half of 2025, marking a year-on-year increase of 58.6%, the highest growth rate in the city [4]. Group 3: Intellectual Property and Innovation Ecosystem - Changping has developed a three-in-one international intellectual property service system to address the challenges faced by local enterprises in global competition [5]. - The district has approved 11 innovative drugs and 32 national innovative medical devices, accounting for 40% of the city's total and 8.9% nationally [5]. Group 4: Cross-Border Trade and Support Services - The introduction of a whitelist policy for imported research materials and a new inspection and supervision model has improved cross-border trade credit and customs facilitation [6]. - Changping has established a service center for the life and health industry to support enterprises in international expansion, enhancing export credit insurance coverage [6].

Core Viewpoint - Guangdong Province is accelerating the construction of a modern industrial system, focusing on optimizing the business environment to maintain economic resilience and stimulate market vitality, particularly for private enterprises and foreign investments [1][2]. Group 1: Business Environment and Growth - As of September 3, 2024, Guangdong has 20.0019 million registered business entities, a net increase of 953,100, representing a 5% growth, accounting for one-tenth of the national total [1]. - The number of registered private enterprises reached 8.3453 million, a year-on-year increase of 10.6%, while foreign-invested enterprises totaled 230,000, growing by 6.97% [1]. - The Greater Bay Area has seen 18,500 new foreign-invested enterprises, making up 97.73% of the province's total new foreign investments [1]. Group 2: Role of Private Enterprises - By August 2025, there were 19.2517 million registered private economic organizations in Guangdong, a year-on-year growth of 6.47%, constituting 96.45% of all business entities [4]. - Private enterprises account for over 90% of high-tech firms, technology-based SMEs, and specialized innovative enterprises in Guangdong [6]. - Despite their significant role, private enterprises face challenges in market access, fair competition, and resource allocation [6][7]. Group 3: Foreign Investment and Protection - Guangdong is a preferred destination for foreign investment, with over 350 Fortune 500 companies established in the region [10]. - By August 2024, the province had 230,000 registered foreign-invested enterprises, with a net increase of 15,000, marking a 6.97% growth [10]. - The province has implemented measures to enhance foreign investment protection, including legislative efforts and improved cross-border registration processes [11][12].

Core Viewpoint - The article emphasizes China's commitment to expanding high-level opening-up and stabilizing foreign trade and investment, highlighting the importance of institutional opening and international cooperation in enhancing China's global competitiveness [1][4]. Group 1: Institutional Opening - The upcoming full island closure operation in Hainan represents a significant step towards institutional opening, aiming to enhance China's openness at a higher level and deeper field [1]. - As of early July, China has replicated and promoted 379 institutional innovation achievements from free trade pilot zones, creating a favorable environment for shared reform dividends and open results [1]. Group 2: Attracting Global Innovation Resources - In 2022, the proportion of foreign investment in China's high-tech industries reached 34.6%, with actual foreign investment in high-tech industries amounting to 127.87 billion yuan in the first half of this year [3]. - China is becoming a strategic hub for global capital and technology, with multinational companies increasing investments in cutting-edge fields, indicating China's growing importance in the global innovation landscape [3]. Group 3: Global Governance and International Cooperation - China actively participates in global governance and international cooperation, enhancing its influence in rule-making and contributing to economic globalization [4]. - The Belt and Road Initiative serves as a crucial platform for China to engage in global governance, focusing on infrastructure projects to create demonstrative rules and standards recognized by developing countries [4][5]. Group 4: Cooperation with Belt and Road Countries - Strengthening connectivity and capacity cooperation with Belt and Road countries is essential for shaping new international cooperation advantages, emphasizing traditional and new infrastructure projects [5]. - Continuous improvement of international cooperation mechanisms under the Belt and Road Initiative is necessary to enhance multilateral cooperation across various fields [5].

Core Insights - The Shanghai Stock Exchange (SSE) and the Singapore Exchange (SGX) are enhancing their collaboration, focusing on new opportunities in capital market cooperation [1][2] - The SSE and SGX have successfully launched five ETF mutual products, marking a significant step in their partnership [1] - The introduction of the China Securities Index for Emerging Market Technology in January 2024 signifies the substantial progress in index cooperation between the two exchanges [1] Group 1 - The recent "Shanghai-Singapore Deepening Cooperation Exchange Conference" saw participation from nearly 70 listed companies and institutions from both regions [1] - Discussions at the conference centered on high-quality development of listed companies and the deepening of the ETF mutual mechanism [1] - SSE emphasized that overseas market expansion by enterprises is a practical implementation of national institutional opening, promoting Chinese standards and stories globally [1] Group 2 - SSE plans to continue creating a convenient and friendly cross-border investment environment under the guidance of the China Securities Regulatory Commission [2] - The exchange is committed to promoting high-level institutional opening of the capital market to support high-quality economic development [2]