河套深港科技创新合作区。新华社发 2024年广东服务业增加值达8.14万亿元，连续40年居全国第一，占GDP比重57.5%，撑起经济"半壁江 山"。然而，规模优势背后，结构性短板与转型阵痛同样凸显。在此背景下，广东现代服务业如何开 启"破茧"之旅？ 8月22日，广东省召开加快推进现代化产业体系建设第四场专题会议（现代服务业专场）。在这场围绕 现代服务业发展的深度探讨中，专家学者、企业代表、人大代表、研究机构与政府相关部门齐聚，叩问 广东如何以现代服务业为支点，撬动现代化产业体系的全新图景。 "两业融合" 短板隐忧 从"卡脖子"到"人才荒"的突围挑战 "高歌猛进"背后，深层次矛盾亦亟待破解。生产性服务业的供给能级首当其冲。省人大常委会的专题调 研报告中指出：广东的生产性服务业科技转化率低、基础软件等关键核心技术"卡脖子"、数字产业"硬 制造"强而"软服务"薄弱。 中山大学管理学院教授、博士生导师，中山大学中国第三产业研究中心主任李江帆指出，研发与关键技 术的供给不足，制约了广东生产服务业引领制造业迈向中高端。"粤港澳大湾区生产性服务业的成色， 关键是看广东作为制造强省和工业强省，能否培育出更高科技含量、更大消费 ...

2024年广东服务业增加值达8.14万亿元，连续40年位居全国第一，占GDP比重57.5%，撑起经济"半壁江 山"。然而，规模优势背后，结构性短板与转型阵痛同样凸显。在此背景下，广东现代服务业如何开 启"破茧"之旅？8月22日，广东省召开加快推进现代化产业体系建设第四场专题会议（现代服务业专 场）。在这场围绕现代服务业发展的深度探讨中，专家学者、企业代表、人大代表、研究机构与政府相 关部门齐聚，叩问广东如何以现代服务业为支点，撬动现代化产业体系的全新图景。 规模领跑与融合深化 现代服务业的"双轮驱动" 广东现代服务业的底色，是"量"与"质"的双重突破。省人大环境资源委主任委员任小铁在会上介绍了省 人大常委会关于广东发展现代服务业的专题调研。调研报告透露，目前广东现代服务业已成为经济增长 的绝对主力，"主引擎"作用明显。 2024年，广东服务业增加值8.14万亿元，占全国10.6%，连续40年位居全国第一，占GDP比重57.5%，对 经济增长的贡献率为47.9%。深圳市委常委，前海蛇口自贸片区管委会党组书记、主任，前海合作区党 工委书记，前海管理局局长王守睿在会上透露，2025年上半年前海合作区以"现代服务业增 ...

Core Viewpoint - The article discusses the inspection and research conducted by Yang Yue, Vice Chairman of the Provincial Political Consultative Conference, regarding the implementation of high-standard strategies for the Jiangsu Free Trade Zone, aimed at enhancing Jiangsu's integration and service within the Yangtze River Delta development [1] Group 1 - Yang Yue visited the Nanjing Free Trade Zone to oversee the proposal from the Jiangsu Provincial Committee of the Chinese Nationalist Party regarding the strategic enhancement of the Free Trade Zone [1] - The inspection included visits to the Nanjing Jiangbei New Area Planning Exhibition Hall and the Cross-Border E-Commerce Industrial Park to understand the current work situation [1] - During the meeting, various departments including the Provincial Commerce Department and the People's Bank of China Jiangsu Branch presented updates on the proposal's implementation [1] Group 2 - Yang Yue emphasized the need to implement the important speeches of General Secretary Xi Jinping and align with central and provincial requirements [1] - The focus areas include enhancing the level of institutional openness, improving the effectiveness of systemic reforms, creating high-quality industrial clusters, and promoting integrated collaborative development [1] - The aim is to contribute to the high-quality development of the Free Trade Zone and support China's modernization efforts [1]

Core Insights - China's visa-free policy continues to evolve, covering various scenarios such as tourism, trade, and transit, enhancing the country's institutional openness [1][2] - As of July 30, 2023, China has achieved comprehensive mutual visa exemption with 29 countries, unilaterally exempted visas for 46 countries, and implemented 240-hour transit visa exemptions for 55 countries [1] - The visa facilitation has significantly boosted inbound tourism, making it a key indicator of China's cultural soft power and international appeal [1][2] Group 1: Visa Policy Impact - The optimization of visa policies serves as a "trade accelerator," reducing barriers for cross-border business activities and enhancing efficiency in international trade [2] - Major exhibitions like the China International Import Expo have seen increased participation from global exhibitors, facilitating the entry of quality products into China [2] - The visa policies have created a platform for cultural exchange, allowing foreign visitors to experience authentic Chinese culture and daily life [2] Group 2: Future Directions - There is a need for continuous improvement in policy supply, encouraging local exploration of smart travel inspection and innovative entry facilitation measures [3] - The development of "tourism+" products is encouraged, integrating cultural elements with various forms of art and enhancing the tourism product system [3] - Optimizing the service environment is essential, including internationalization of key scenic spots and enhancing multilingual services to improve the overall tourist experience [3]

Core Viewpoint - The article emphasizes the importance of bilateral investment as a key strategy for enhancing China's industrial chain innovation capabilities and overall competitiveness in the context of global supply chain adjustments and competition among major powers [1][3]. Group 1: Bilateral Investment and Innovation - Bilateral investment can lead to technology transfer effects through intermediate products, where foreign direct investment (FDI) firms provide advanced intermediate products that enhance innovation in local downstream companies [2]. - The competition for becoming suppliers to foreign direct investment firms drives local upstream companies to innovate in order to meet stringent production standards set by these firms [2][3]. - As local innovation capabilities improve, the scale of outward direct investment from these countries will gradually expand, creating a cycle of innovation and investment [2]. Group 2: Competitive Dynamics and Market Integration - Bilateral investment fosters competitive incentives among local companies, as they strive to meet the technological standards imposed by foreign firms, leading to increased domestic competition and innovation [3]. - The article notes that the recent trend shows a balanced growth in both foreign direct investment and outward direct investment from China, indicating a healthy investment environment [3]. Group 3: Policy Recommendations for High-Quality Development - The article suggests promoting high-quality bilateral investment through institutional openness, aligning with international trade rules, and leveraging successful experiences from free trade zones [4]. - It advocates for differentiated industrial policies based on the characteristics of various industrial chains, including the establishment of support funds for technology-dependent industries [4]. - The need to enhance the transmission mechanism between bilateral investment and industrial chain innovation is highlighted, including tax incentives and support for global R&D centers [5]. Group 4: Digital Transformation in Manufacturing - The article stresses the importance of accelerating the digital transformation of the manufacturing sector, proposing targeted support policies for different types of enterprises [5]. - It emphasizes the need for domestic substitution of digital products and services, encouraging companies to prioritize the use of local digital solutions [5].

Core Viewpoint - The Zhengzhou Commodity Exchange (ZCE) has successfully positioned itself as a key player in the internationalization of China's futures market, utilizing the "Zhengzhou Plan" to enhance the global pricing influence of Chinese commodities, particularly in the PTA and oilseed sectors [2][4][6]. Group 1: Market Positioning and Strategy - ZCE's strategic choice to prioritize PTA and oilseed futures for internationalization is based on China's dominant role in the global industrial chain [3][4]. - China is the largest producer and consumer of PTA and plays a significant role in the global vegetable oil market, providing a solid foundation for the authority and international influence of futures prices [4][5]. Group 2: Institutional Innovations - The "Zhengzhou Plan" has introduced a market-oriented approach to open up the futures market, including optimizing delivery rules and enhancing services for foreign enterprises [4][5]. - Specific measures include the inclusion of imported rapeseed meal in the delivery category and the introduction of new contracts to meet the risk management needs of importers [5][6]. Group 3: Global Trade and Economic Impact - The expansion of "Zhengzhou prices" in trade with RCEP and Belt and Road Initiative countries signifies a growing internationalization of China's futures market, reflecting a shift in global economic dynamics [6][7]. - The ZCE's efforts align with national strategies to enhance pricing influence in international commodity markets, leveraging domestic and international resources [6][8]. Group 4: Challenges and Future Directions - The internationalization of the Zhengzhou futures market faces challenges such as regulatory discrepancies and exchange rate fluctuations [7]. - A differentiated opening strategy is proposed to address these challenges, focusing on prioritizing competitive products and varying access standards for different types of foreign traders [7][8].

Core Viewpoint - Hainan Free Trade Port's full island closure operation is a significant project that will enhance China's ability to attract foreign investment and promote economic development through institutional openness [1][2][3] Group 1: Economic Impact - The full island closure operation is expected to create numerous high-quality employment opportunities as foreign investment and talent flock to Hainan [2][3] - Hainan has achieved a total of 102.5 billion RMB in actual foreign investment over the past five years, with an annual growth rate of 14.6%, positioning it as a leader nationally [2][3] - The number of newly established foreign enterprises reached 8,098, with an annual growth rate of 43.7%, indicating a robust investment climate [2][3] Group 2: Policy Developments - Hainan is working on creating a trade management system that allows for free entry and exit, which will boost foreign companies' confidence in investing in China [3][4] - The province is implementing a more transparent and predictable investment environment by relaxing market access for foreign investors and introducing new measures to facilitate investment [3][4] - A new processing and value-added tax exemption policy will significantly lower the threshold for companies to benefit from tax exemptions, expanding the range of eligible goods [5][6] Group 3: Infrastructure and Logistics - Hainan is enhancing its shipping system by optimizing vessel inspection policies and expanding airspace control, which will improve shipping services [4][5] - The establishment of a cross-border data flow mechanism is underway to meet the growing demand for digital trade and economy, with adjustments to communication resource management [4][6] Group 4: Implementation and Future Steps - The focus is on policy implementation to ensure that benefits reach businesses and the public effectively, emphasizing the importance of understanding the significance of the Free Trade Port [8] - There is a need for integrated innovation in the regulatory framework to facilitate compliance and ease of use for businesses, maximizing the benefits of the new policies [8]

Core Viewpoint - Scania's significant investment in Jiangsu, China, reflects confidence in the region's open economic environment and the benefits of recent policy changes for foreign investment [1][4][5]. Group 1: Investment and Expansion - Scania has established its third global industrial production base in Rugao, Jiangsu, with plans to launch its first complete vehicles in Q4 2023 [1]. - The company has committed over 10 billion yuan to various projects, including a powertrain project and a research and development company set to be established in 2024 [1]. - As the first wholly foreign-owned commercial vehicle manufacturer in Jiangsu, Scania has benefited from favorable policies that have expedited project approvals [2]. Group 2: Policy Support and Efficiency - The removal of foreign investment restrictions in 2020 has been pivotal for Scania, allowing for rapid establishment and expansion in the Chinese market [1][2]. - Jiangsu's government has provided substantial support, including tax exemptions on imported equipment and a streamlined approval process that significantly reduces project timelines [2][3]. - The "project service window" in Rugao has enhanced efficiency, allowing for faster inspections and approvals, which has been crucial for Scania's operations [3]. Group 3: Local Supply Chain Development - Scania aims to achieve over 85% localization of its vehicle components, which will help reduce costs and improve delivery times [3]. - The company has established partnerships with 40 local suppliers, with peak annual procurement exceeding 1 billion yuan [3]. - The focus on local sourcing and collaboration with domestic suppliers is expected to enhance Scania's competitive edge in the market [3]. Group 4: Broader Economic Impact - Scania's investment is part of a larger trend, with Jiangsu attracting significant foreign capital, evidenced by a 19.5% share of national foreign investment in the first half of the year [4]. - The province's proactive measures to create a favorable investment environment have led to increased reinvestment from foreign companies, with notable growth in investments from Germany, Luxembourg, and Japan [4][5]. - Jiangsu's commitment to open policies and support for foreign enterprises is seen as a catalyst for sustainable high-quality economic development [6].

Core Viewpoint - Scania's significant investment in Jiangsu, China, reflects the company's confidence in the region's open economic environment and the benefits of recent policy changes that facilitate foreign investment [1][4]. Group 1: Investment and Expansion - Scania is establishing its third global industrial production base in Rugao, Jiangsu, with plans to roll out its first complete vehicles in Q4 2023 [1]. - The company has committed over 10 billion yuan to enhance its operations in Jiangsu, including a powertrain project and the establishment of a research and development center in 2024 [1][4]. - As the first wholly foreign-owned commercial vehicle manufacturer in Jiangsu, Scania has benefited from favorable policies that expedite project approvals and reduce costs [2][4]. Group 2: Policy and Government Support - The removal of foreign ownership limits in 2020 has been pivotal for foreign companies like Scania, allowing them to enter and invest in the Chinese market more effectively [1][2]. - Jiangsu's government has implemented supportive measures, such as tax exemptions on imported equipment for R&D centers, which have encouraged Scania to reinvest in technology development [2][5]. - A dedicated project service team has streamlined the approval process for Scania, significantly reducing the time required for facility inspections and registrations [3]. Group 3: Local Supply Chain Development - Scania aims to achieve over 85% localization of its vehicle components by collaborating with local suppliers, which will help reduce costs and improve delivery times [3]. - The company has already established partnerships with 40 local suppliers, with peak annual procurement exceeding 1 billion yuan [3]. - The strategy of localizing parts production is expected to enhance Scania's competitiveness in the Asian market, particularly as it plans to export "Jiangsu-made" commercial vehicles to Southeast Asia and Japan [4]. Group 4: Economic Impact and Future Outlook - Jiangsu has attracted significant foreign investment, with actual foreign capital usage reaching $11.54 billion in the first half of the year, accounting for 19.5% of the national total [4]. - The province's proactive measures to create a favorable investment environment have led to a notable increase in reinvestment from foreign enterprises, with profits reinvested rising by 5.9% year-on-year [4][5]. - The ongoing efforts to enhance the open economy in Jiangsu are expected to sustain high-quality development and attract more global capital [5].

Group 1 - The stock indices in Shanghai and Shenzhen have been rising since August, with trading volumes frequently surpassing 1 trillion yuan, indicating a robust market driven by multiple interwoven factors rather than just short-term sentiment [1] - The macroeconomic policies have been strengthened this year, fostering a positive interaction between an effective market and a proactive government, leading to significant growth in high-tech manufacturing investments and exports in sectors like new energy vehicles and lithium batteries [1] - The capital market is not merely a passive reflection of the economy but actively influences it through institutional innovations, such as allowing unprofitable hard-tech companies to list on the Sci-Tech Innovation Board [1] Group 2 - Amid rising unilateralism and protectionism globally, investors are increasingly valuing certainty and growth potential, with China’s complete industrial system and large market providing a rare combination of low volatility and medium-high returns for international investors [2] - The trend of international capital flowing into Chinese A-shares, including sovereign wealth funds and pension funds, reflects a "flight to quality" as investors seek safer and more stable assets during times of uncertainty [2] Group 3 - The concept of "common prosperity" is being realized through financial supply-side structural reforms, with a growing demand for quality equity assets among both high-net-worth individuals and small to medium investors, facilitated by reforms in the Sci-Tech Innovation Board and the establishment of new investment products [3] - The capital market is increasingly becoming a platform for the public to share in economic growth, breaking the old pattern of capital monopoly and allowing ordinary workers to participate in value distribution through equity and funds [3] Group 4 - China's capital market is undergoing steady institutional opening, with initiatives like the Shanghai-Hong Kong Stock Connect and the Bond Connect, enhancing its global financial integration and stability [4] - The focus on "safe and controllable" and "orderly opening" in China's modernization contrasts with Western views, emphasizing the need for macro-prudential policies to mitigate cyclical fluctuations while pushing for domestic reforms aligned with international standards [4]