中经记者 李静 北京报道 当一家国内新能源汽车企业决定在巴西建厂时，调研结果令人震惊：当地工业品采购价格竟高达中国市 场的数倍。由于对本地供应链不熟悉，企业一度陷入"保供"困境，生产进度严重受阻。 关键时刻，京东工业国际团队介入，为其量身定制了"两盘货"策略：一部分品类从中国合规直发，以最 优成本保障供应；另一部分则因政策限制，在本地寻源采购。这一方案不仅化解了断供风险，还显著降 低了整体采购成本。 这正是京东工业通过"数实融合"重塑工业供应链的典型缩影。 在京东集团的业务矩阵中，京东工业始终保持着低调姿态。不同于大众熟知的消费电商、医药健康等业 务，这家深耕工业领域的京东业务板块因远离普通消费者视野，其真实业务场景常被外界误解。近期， 京东工业负责人接受《中国经营报》记者采访，系统回应了业务定位、数智化建设、国际化布局等核心 问题，揭开了这家万亿级工业供应链服务商的神秘面纱。 从交易平台到供应链基础设施的蜕变 京东最初进入工业品领域时，选择的路径是将其在消费品电商中积累的卖货能力复制到工业场景。简单 来说，就像京东商城把柴米油盐卖给消费者，京东工业则是把劳保用品、生产工具、维修耗材等卖给工 业企业。 然而， ...

Core Viewpoint - JD Industrial is positioned to leverage the growing industrial supply chain market in China, with a projected revenue compound annual growth rate (CAGR) of 20.1% from 2022 to 2024, and a significant turnaround from a net loss of 1.3 billion yuan in 2022 to a profit of 760 million yuan in 2024 [15][6]. Industry Overview - China is the world's largest industrial manufacturing country, with an industrial added value expected to reach 40.5 trillion yuan in 2024, accounting for approximately 30% of the global total [4]. - The MRO (Maintenance, Repair, and Operations) market is a significant segment, with demand estimated at 4%-7% of industrial output value, and the market size expected to exceed 3 trillion yuan by 2025 [4][5]. Company Strategy - JD Industrial has introduced a "digital-physical integration" model to address long-standing industry pain points, utilizing its smart supply chain solutions to enhance efficiency and reduce costs [6][12]. - The company aims to capture a leading position in the domestic industrial supply chain market, with a projected revenue of 20.4 billion yuan in 2024 and a market share of 4.1%, nearly three times that of its closest competitor [16][15]. Market Dynamics - The domestic MRO market is characterized by fragmentation, with over 120,000 traditional distributors, 85% of which are small and medium-sized enterprises, leading to inefficiencies and high costs [12][9]. - JD Industrial's solutions have demonstrated significant cost reductions for clients, such as a 40% decrease in inventory costs for a steel company and a 15% reduction in procurement costs for a nuclear power plant [13][14]. Future Outlook - The global MRO market is projected to reach approximately $747.6 billion, with significant opportunities for growth as the domestic market matures [21]. - JD Industrial is also focusing on international expansion, establishing partnerships in countries like Brazil and Indonesia, and leveraging AI technologies to enhance supply chain operations [20][19].

Core Viewpoint - JD Industrial's IPO marks a significant milestone for the company, transitioning from a unicorn to a publicly listed entity, and establishing itself as the sixth member of JD Group's commercial portfolio [1][2]. Business Overview - JD Industrial originated from JD Group's enterprise business and became an independent unit in 2017, addressing inefficiencies in traditional industrial supply chains [3]. - The company aims to enhance operational efficiency in the industrial sector through technology, aligning with the "New Quality Productivity" policy [2][3]. Market Position and Growth - JD Industrial has built a service network covering 80 product categories and over 81.1 million SKUs, serving more than 11,100 core industrial enterprises and millions of SMEs, including 60% of China's top 500 companies [7]. - The company reported significant profit growth, with net profit projected to rise from 4.799 million yuan in 2023 to 762 million yuan in 2024, and a 54.96% year-on-year increase in the first half of 2025 [9]. Strategic Initiatives - The "Tai Pu" integrated supply chain solution is central to JD Industrial's growth, linking supply and demand through four digital modules [9]. - JD Industrial's collaboration with leading automotive companies has demonstrated the effectiveness of the "Tai Pu" solution, significantly reducing procurement times and costs [9]. Competitive Landscape - JD Industrial holds a 4.1% market share in the industrial supply chain technology and services sector, leading the industry but facing competition from specialized platforms and comprehensive e-commerce players [12]. - The company is transitioning from a supporting role in the supply chain to a central role in industrial production by integrating MRO and BOM services [13]. Future Outlook - JD Industrial is focusing on global expansion, with plans to enter Southeast Asian markets and establish a presence in Brazil, Thailand, and other regions [21][22]. - The company aims to enhance its supply chain capabilities and operational efficiency through intelligent collaboration across multiple locations, positioning itself for a new phase of globalization [23].

来源：环球网 当传统文旅IP陷入"同质化严重、年轻群体吸引力弱、变现路径单一"的发展瓶颈；当Z世代成为文旅消 费主力，对"互动参与"、"文化共鸣"的需求日益强烈；文旅行业亟需模式革新。2025年12月8日，飞扬 集团联合中国青年报启动的"山河宇宙计划"，以1亿元专项投入、"文旅+潮玩"跨界融合模式，为行业提 供了一个可复制的IP创新样本——它不仅让沉睡的文旅资源通过青年化表达"活"起来，更构建了"全民 共创、数实融合、长效运营"的文旅IP新生态，为文旅行业的转型升级注入强劲动能。 行业痛点倒逼革新：传统文旅IP的三大"枷锁" 长期以来，文旅IP开发始终面临难以突破的发展困境，成为制约行业高质量发展的核心枷锁： IP表达老化：多数文旅IP仍停留在"景区介绍+非遗展示"模式难以触达Z世代，导致IP传播力弱、用户粘 性不足； 开发模式封闭： 内容创作多依赖专业团队，公众参与度低，易陷入同质化竞争； 变现路径狭窄： 依赖文创产品与宣传片，与景区体验联动不足，商业价值难以释放。 共青团中央近期强调"激发青年文化创新活力，推动文化强国建设"，明确了文旅IP"年轻化、产业化、 国际化"的方向。在此背景下，"山河宇宙计划"正 ...

Core Insights - JD Industrial has successfully transitioned from a unicorn to a publicly listed company, marking a significant milestone in its development and establishing a benchmark for capitalizing on industrial digital transformation under the "new quality productivity" policy direction [1] - The company aims to enhance operational efficiency in the industrial sector through technology, addressing pain points in traditional supply chains [1][2] - JD Industrial's listing reflects market recognition of its industry position and the potential of the industrial digitalization sector [2] Business Overview - JD Industrial has built a service network covering 80 product categories and over 81.1 million SKUs, serving more than 11,000 core industrial enterprises and millions of SMEs, including around 60% of China's top 500 companies [2][3] - The company’s revenue growth is driven by its "Taipu" integrated supply chain solution, which has shown significant performance improvements across various industries [3][6] Financial Performance - From 2023 to 2024, JD Industrial's net profit is projected to increase from 4.799 million to 762 million, with a 54.96% year-on-year growth expected in the first half of 2025 [3] - Revenue from general MRO products is expected to rise from 9.4 billion to 11.1 billion, while professional MRO and BOM product revenues are also anticipated to grow significantly [6] Market Position - JD Industrial holds a 4.1% market share in the industrial supply chain technology and services market, leading the industry but facing competition from specialized platforms and comprehensive e-commerce players [4] - The industrial supply chain market is highly fragmented, with the top 10 companies accounting for only 1.5% of the market [4] Strategic Initiatives - The company has launched the JoyIndustrial industrial supply chain model and initiated the "Intelligent Empowerment of Thousands of Industries, Trillion Cost Reduction" campaign, targeting a significant reduction in supply chain costs [7][8] - JD Industrial's dual-driven strategy combines industrial models with supply chain applications to enhance operational efficiency and address long-standing challenges in the sector [8] Global Expansion - JD Industrial is exploring international markets, particularly in Southeast Asia, and has established a presence in countries like Brazil, Thailand, and Malaysia [9][10] - The company aims to build a resilient global supply chain network, focusing on localizing capabilities while ensuring effective collaboration across its operations [10]

Core Viewpoint - The article discusses the successful listing of JD Industrial on the Hong Kong Stock Exchange, highlighting its role in China's industrial digital transformation and the growth potential in the industrial supply chain market [3][4][5]. Group 1: Company Overview - JD Industrial was established as a separate business unit in 2017, focusing on industrial supply chain technology and services, and aims to enhance operational efficiency through technology [4][5]. - The company has become the largest player in China's MRO (Maintenance, Repair, and Operations) procurement services market, with a market share of 4.1% as of 2024 [4][5]. - JD Industrial's revenue has shown significant growth, with total revenue increasing from 141 billion yuan in 2022 to 204 billion yuan in 2024, representing a compound annual growth rate (CAGR) of 20.1% [7][8]. Group 2: Financial Performance - JD Industrial recorded a net loss of 1.3 billion yuan in 2022 but turned profitable in 2023 with a net profit of 4.8 million yuan, and projected a substantial increase to 760 million yuan in 2024 [7][8]. - The adjusted profit for 2022, 2023, and 2024 was 710 million yuan, 820 million yuan, and 910 million yuan respectively, with a CAGR of 12.8% [12]. Group 3: Market Potential - The digital penetration rate of China's industrial supply chain market is only 6.2% in 2024, expected to rise to 8.2% by 2029, driving the market size from 7 trillion yuan in 2024 to 11 trillion yuan in 2029, with a CAGR of 9.8% [5][6]. - JD Industrial is leveraging AI technology to enhance its supply chain capabilities, launching the first industrial supply chain model, JoyIndustrial, to address industry challenges [14][15]. Group 4: Global Expansion - JD Industrial is actively participating in the global market, with many key clients developing or planning to expand overseas operations, which is expected to increase procurement scale to JD Group [20][21]. - The company has established a "digital highway" to improve supply chain efficiency for overseas enterprises, providing end-to-end industrial supply chain services tailored to international markets [23][24].

Core Viewpoint - The article highlights the transformation of China's manufacturing industry through digitalization and supply chain optimization, exemplified by JD Industrial's role in enhancing efficiency and reducing costs for manufacturing enterprises [4][6][20]. Group 1: Manufacturing Landscape - As of August 2024, the total number of manufacturing enterprises in China reached 6.03 million [1]. - These factories produce a wide range of products, from high-end manufacturing equipment to daily consumer goods, contributing significantly to global supply [2][3]. Group 2: Supply Chain Optimization - JD Industrial has streamlined the procurement process for companies like XCMG, reducing the number of suppliers from over 170 to 18 and cutting order fulfillment time from over 20 days to 3-5 days [4][12]. - The company has developed a comprehensive supply chain solution that integrates digital capabilities across the entire supply chain, serving over 11,000 core industrial enterprises and millions of SMEs [6][16]. Group 3: Standardization and Efficiency - JD Industrial has established a standardized product library to address the complexities of industrial procurement, which includes over 1 billion global screw SKUs [7][9]. - The implementation of the "Tai Pu" integrated supply chain solution has significantly improved procurement efficiency and operational management for various industries, including automotive and steel [10][14]. Group 4: Financial Performance - JD Industrial's revenue grew from 14.135 billion yuan in 2022 to 17.336 billion yuan in 2023, with projections to exceed 20.4 billion yuan in 2024, reflecting a compound annual growth rate of 20.13% [20]. - The company transitioned from a net loss in 2022 to profitability in 2023, with net profit soaring to 762 million yuan in 2024 [20]. Group 5: Market Potential - The total cost of China's industrial supply chain is estimated at 115.2 trillion yuan in 2024, with potential savings of 6.8 trillion yuan through supply chain innovation and digital transformation [21]. - JD Industrial's IPO marks a new beginning for its growth in the industrial sector, emphasizing the importance of digital and physical integration in supply chains [21].

人民财讯12月11日电，中共江苏省委关于制定江苏省国民经济和社会发展第十五个五年规划的建议发 布，其中提出，深入推进数字江苏建设。深化数据资源开发利用，建设国家数字经济创新发展试验区， 深化"数实融合"强省建设，培育一批引领型数字企业和产业集群。加快构建数智技术创新体系，强化底 层技术和软硬件短板突破，积极部署类脑计算、光量子芯片等创新应用技术，强化算力、算法、数据等 高效供给，加快通用大模型和垂直领域大模型研发。推进算力和绿电协同建设，降低中小企业算力使用 门槛。全面实施"人工智能+"行动，加强人工智能同产业发展、文化建设、民生保障、社会治理相结 合，全方位赋能千行百业，推进全域数智化，打造人工智能创新发展高地。结合江苏优势产业，推动人 工智能驱动的新型科研范式、技术研发、工程实现、产品落地一体化协同发展。高水平推进中国科学院 工业人工智能研究所建设，实施工业互联网创新发展工程，加快布局智能制造重大科研设施和具身智能 技术创新平台。支持苏州、南京等有条件的地方开展"人工智能+"城市建设试点。支持无锡构建以物联 网为核心的数字产业体系。 ...

税收是经济运行的"晴雨表"。国家税务总局广西壮族自治区税务局税收数据显示，今年1—11月， 全区高技术产业销售收入同比增长14.3%，其中高技术制造业、高技术服务业销售收入同比分别增长 12.6%、15.3%；前三季度，全区高新技术企业合计减免企业所得税17亿元，反映出全区新质生产力在 技术研发和市场转化等方面发展劲头正盛。 人工智能产业发展迅猛 专注人形及服务机器人的柳州优必选智能科技有限公司1—11月销售收入同比激增69.1%，"广西人 工智能应用场景丰富，今年6月我们生产的广西首台工业人形机器人Walker S1下线，已应用于柳州整车 制造企业造车环节。"公司负责人郝宝玉说，未来公司将持续加码在柳州的投资，超级智慧工厂有望今 年内建成。 今年1—11月，全区数字经济核心产业销售收入同比增长9.9%，其中与数实融合相关的数字产品制 造业、数字要素驱动业销售收入同比分别增长14.2%、9.5%，数字化与实体经济融合度日益加深。 捷佳润科技集团股份有限公司是数字农业与智能水肥一体化领域的高新技术企业，其自主研发 的"土谛AI"大模型能够精准监测农作物生长各项指标，今年1—10月企业销售收入同比增长16%。 " ...

Core Insights - The overall economic operation in China is stable and improving, with manufacturing playing a crucial role, maintaining a tax revenue share of around 30% [2][3] - High-tech industries have shown significant growth, with sales revenue increasing by 14.7% year-on-year, particularly in smart equipment manufacturing, which grew by 28.2% [2][3] Group 1: Manufacturing Sector Performance - High-tech industries are experiencing rapid growth, with high-tech service revenue up by 17.2% and high-tech manufacturing revenue up by 11.1% [4] - The manufacturing sector is undergoing a transformation towards high-end, intelligent, and green development, with equipment manufacturing sales up by 8.3% and automation equipment purchases up by 14.2% [3][4] - Traditional industries are also enhancing their quality, with R&D investment from key tax source enterprises increasing by 12.3% [4] Group 2: Consumer Market Dynamics - Consumption is being stimulated by policies such as the trade-in program, with retail sales in mobile communication devices and home appliances increasing by 20.3% and 26.5% respectively [5] - The tourism and cultural sectors are thriving, with sales in cultural performances and film screenings up by 15.6% and 19.1% [6] - The number of travelers benefiting from tax refunds has surged by 285%, with tax refund sales and amounts increasing by 98.8% [6][7] Group 3: Taxation and Service Reforms - Cross-regional tax service reforms have been implemented, allowing for a significant increase in the handling of cross-regional tax matters, with a nearly fourfold increase in transactions [8][9] - The proportion of inter-provincial trade sales in total national sales revenue has reached 41.1%, reflecting improved efficiency in tax services [8] - Over 7,000 domestic and foreign platforms are complying with tax information reporting obligations, leading to a 12.7% increase in tax payments [9]