8月20日至22日举行的外资企业中国山西行活动期间，来自美、英、法、德、瑞典、澳大利亚、日本、新 加坡等15个国家和地区的近40家外国商协会和外资企业代表，其中包括13家世界500强企业负责人，走进山西 太原考察、交流，与政府相关部门负责人深度对话，探讨合作新机遇，寻求共赢新路径。多位在华商协会及 外资企业负责人表示，看好山西发展前景、看好与中国本土企业合作的潜力。 8月20日至22日，外资企业山西行活动在太原市举行。来自近40家国外贸促机构、在华商协会及外资企业 的60余名负责人参加活动，其中包括14家世界500强企业的高管。图为太原城区。新华社记者 詹彦摄 加中贸易理事会北京代表处首席代表裴大卫首次到访山西，在他看来，山西历史厚重、风光秀美，正在 从传统能源基地向多元化产业发展热土转变，为加拿大企业在新能源基础设施投资和品牌落地等领域提供了 更广阔的合作空间。 "比利时企业比较关注第三代半导体、合成生物、现代医药和高端设备制造等新兴产业领域发展，我们期 待与山西开展广泛合作。"中国比利时商会总经理宋娟娟说。 经济日报记者 朱琳 数据显示，截至2024年底，山西省外商投资企业数量由2020年的500余家增长 ...

8月20日至22日举行的外资企业中国山西行活动期间，来自美、英、法、德、瑞典、澳大利亚、日本、 新加坡等15个国家和地区的近40家外国商协会和外资企业代表，其中包括13家世界500强企业负责人， 走进山西太原考察、交流，与政府相关部门负责人深度对话，探讨合作新机遇，寻求共赢新路径。多位 在华商协会及外资企业负责人表示，看好山西发展前景、看好与中国本土企业合作的潜力。 加中贸易理事会北京代表处首席代表裴大卫首次到访山西，在他看来，山西历史厚重、风光秀美，正在 从传统能源基地向多元化产业发展热土转变，为加拿大企业在新能源基础设施投资和品牌落地等领域提 供了更广阔的合作空间。 "比利时企业比较关注第三代半导体、合成生物、现代医药和高端设备制造等新兴产业领域发展，我们 期待与山西开展广泛合作。"中国比利时商会总经理宋娟娟说。 "东盟企业代表团重点关注山西的先进制造业、能源装备产业以及数字经济和文化旅游产业。"东盟经济 贸易促进会会长波尚琅表示，山西产业转型升级成效显著、政府服务高效务实，这些细节让东盟企业代 表团切实感受到山西招商引资的专业和诚意，"东盟企业看好中国市场，认可中国政策稳定性与长期投 资价值，以泰国正大 ...

8月19日，对香港建筑师郑文宏来说是一个收获的日子。这一天，前海创新教育集团前湾学校宣布完工 启用，将在今年9月迎来首批学生。这是全国首个由香港企业全流程参建的政府投资项目，而郑文宏正 是这个项目的驻场负责人。两年来，他几乎每天花3小时在深港两地间通勤，见证这个项目从一组组设 计稿变成现场实景。 时针回拨至2020年，《深圳建设中国特色社会主义先行示范区综合改革试点实施方案（2020—2025 年）》发布。在过去五年的综改1.0时期，深圳累计形成了48条经验举措，其中包括"推动港澳人士跨境 执业便利"在内的17项由前海率先落地并向全国复制推广。 今年是深圳经济特区建立45周年，也是前海合作区成立15年、前海蛇口自贸片区挂牌10周年。过去五年 间，前海始终坚持"依托香港、服务内地、面向世界"，大胆闯、率先试、自主改，最初规划面积仅 14.95平方公里的"小前海"，却如同一个综改的"大试验场"，为制度改革、深港融合、对外开放做出了 诸多开拓性探索。 ——先行先试，担当制度改革"破冰者"。在全国率先试点"一次检测、一次认证、一体通行"，创新实 践"港资港法港仲裁"，形成"境外不落地购汇"等14项全国"首创""首批" ...

Core Viewpoint - The development of the polyester industry chain relies heavily on the support of futures tools, which enhance price discovery and risk management capabilities for enterprises in the sector [2][3]. Group 1: Development of Polyester Futures Market - The first chemical futures product, PTA futures, was launched in 2006 at Zhengzhou Commodity Exchange, providing essential risk management tools for the polyester industry [3]. - Zhengzhou Commodity Exchange has successfully launched eight futures and options products, including PTA, short fiber, PX, and bottle chips, creating a comprehensive risk management toolset for the polyester industry [4]. - The overall market operation of polyester futures has been stable, effectively guiding production planning, managing price volatility risks, and stabilizing operations for enterprises [3][4]. Group 2: Internationalization and Market Participation - As of July 2025, there are 760 foreign clients from over 30 countries and regions participating in the Chinese futures market, indicating strong international trust and engagement [7]. - The introduction of a delivery system for PTA export-type vehicles and the optimization of hedging mechanisms have enhanced the ability of domestic enterprises to manage risks and stabilize profits [4][5]. - The integration of futures tools into daily operations of polyester enterprises has improved their operational resilience and competitiveness in the global market [10]. Group 3: Future Directions and Strategies - Zhengzhou Commodity Exchange plans to refine existing products, expand international openness, and enhance industry services to further support the manufacturing sector [5]. - The exchange aims to deepen collaboration with industry stakeholders to better understand and address the operational challenges faced by enterprises [5]. - Continuous monitoring and regulation of market operations will be emphasized to ensure stable functioning of the futures market [5].

Economic News - The State Council emphasizes enhancing macro policy effectiveness and stabilizing market expectations, focusing on domestic circulation and effective investment expansion [1] - The People's Bank of China conducted a reverse repurchase operation of 266.5 billion yuan at a rate of 1.40% [2] - From January to July 2025, national public budget revenue was 1.35839 trillion yuan, with tax revenue declining by 0.3% [3] - Trade with Shanghai Cooperation Organization countries reached 247.7 billion USD in the first half of the year, a 0.8% increase [4] - The Ministry of Finance reported a 0.7% decline in government fund budget revenue from January to July 2025 [5] - Securities transaction stamp duty increased by 62.5% year-on-year in July 2025 [6] - The central bank introduced a series of monetary policy measures, including interest rate cuts and increased loan quotas [7] Important Company Information - JD.com has over 150,000 full-time delivery riders, advocating for social security benefits for gig workers [6] - Dongfeng Group is selling a 50% stake in Dongfeng Honda Engine Company [6] - Leap Motor reported a 174% increase in revenue to 24.25 billion yuan in the first half of 2025, achieving a net profit of 30 million yuan [6] - SoftBank announced a 2 billion USD investment in Intel, reflecting confidence in advanced semiconductor manufacturing [6] - Kandi Technologies has entered into a partnership with CATL to supply battery swap stations for commercial vehicles [6][7] Industry Analysis Coal Industry - Coking coal prices have risen significantly, with the price index reaching 1340.16 yuan/ton, a 17.44% increase [8] - Coking coal inventory at three ports decreased by 14.06% month-on-month [11] - Independent coking plants saw an increase in inventory but a decrease in average available days [9] - The overall capacity utilization rate of independent coking enterprises rose to 74.03% [10] - The demand side shows a potential increase in demand driven by hydroelectric projects [11] Agriculture and Livestock Industry - In July 2025, pig prices fluctuated, with live pig prices averaging 14.91 yuan/kg, a 1.72% increase [13] - The number of breeding sows showed a slight increase, indicating a potential stabilization in supply [14] - Policy measures are focused on reducing production capacity and controlling weight, which may stabilize prices in the long term [15] - Major pig farming companies reported varying sales prices and volumes, with some experiencing a decline in output [16] Machinery Industry - Parker New Materials specializes in high-end metal forging products, serving various industries including aerospace and energy [18] - The company reported a revenue of 7.72 billion yuan in Q1 2025, a 2.95% increase year-on-year [19] - The demand for high-precision forging products is expected to grow, improving the company's product structure and profitability [19] - China's energy cost advantages in electricity and natural gas may help the company capture overseas market share [20]

Core Viewpoint - The meeting led by Zhengzhou's municipal secretary emphasizes the importance of enhancing the city's international openness and tourism, aiming to create a world-class cultural tourism destination and an international consumption center to support high-quality economic development [1][2]. Group 1: Policy and Strategy - The meeting focused on optimizing the transit visa exemption policy and improving related services to provide a safer, more convenient, and efficient experience for international tourists [1]. - The city aims to leverage its unique geographical and cultural advantages to promote inbound tourism and enhance cultural exchange [1]. Group 2: Implementation Measures - There is a call for streamlining entry and exit procedures, improving urban infrastructure, and creating a market-oriented, legal, and international business environment to attract more foreign visitors [2]. - The city plans to increase international promotion of its cultural tourism, utilizing modern media such as short videos and live broadcasts to tell Zhengzhou's stories effectively [2]. Group 3: Market Development - The focus will be on understanding the diverse needs of overseas tourists and developing high-quality, unique tourism routes to enhance the city's appeal as an international consumption center [2]. - The goal is to position cultural tourism as a pillar industry for Zhengzhou, showcasing its unique attractions like the Yellow River and the legacy of the Yellow Emperor [2].

Group 1 - AstraZeneca has made additional investments in Qingdao, Shandong for three consecutive years, with a new production base expected to be operational by the end of 2028 [1] - Germany's Almayer Group has also increased its investment for the fourth time, establishing a new calcined alumina plant in Qingdao, indicating strong foreign interest in the region [1] - The Chinese government emphasizes the importance of high-level opening up and reform, aiming to create new opportunities for economic development in Qingdao [1] Group 2 - The China-Europe Railway Express from Qingdao reaches Europe in just 17 days, while truck transport to Moscow takes only 7 days, showcasing the efficiency of logistics in the region [2] - Qingdao Port connects over 700 ports in more than 180 countries and regions, with regular shipping routes and a well-established international airport, enhancing its global trade capabilities [2] - The city is actively expanding its international logistics channels to support and integrate into the new development pattern, increasing its growth potential and dynamism [2] Group 3 - Qingdao's Free Trade Zone has implemented a "white list" system for medicinal and food products, significantly simplifying customs procedures and reducing transaction costs by 50% for related enterprises [3] - Over 60 companies in the medicinal and food sector have established operations in the Qingdao Free Trade Zone, creating a multi-industry chain that includes import, processing, and cross-border trade [3] - Recent reforms have eliminated restrictions on trade volume for small and medium-sized enterprises, allowing more businesses to benefit from the new trade facilitation measures [3] Group 4 - The establishment of the China-Shanghai Cooperation Organization Local Economic and Trade Cooperation Demonstration Zone in Qingdao aims to enhance industrial internet services and support for smart home appliance industries [4] - The Haier Group's industrial internet ecosystem has seen a significant increase in overall order volume, reflecting the growing demand for smart appliances [4] Group 5 - The Qingdao municipal government is focused on improving policy frameworks to enhance information sharing, logistics connectivity, and project collaboration among SCO member states [5] - In April, Shandong proposed 23 support measures across four areas to accelerate the development of the SCO demonstration zone, aiming for higher levels of openness and quality development [6]

Economic Performance - Gansu Province's GDP reached 646.88 billion yuan in the first half of the year, with a year-on-year growth of 6.3%, marking 14 consecutive quarters of growth above the national average [1] Consumer Market - The total retail sales of social consumer goods in Gansu Province amounted to 217.68 billion yuan, growing by 3.9% year-on-year, with a monthly total of 34.69 billion yuan in June, reflecting a 4.8% increase [2] - Gansu's government implemented various consumption promotion activities, totaling 17,600 events, and facilitated 1.693 million applications for the old-for-new subsidy program, disbursing 1.52 billion yuan in subsidies and achieving sales of 15.68 billion yuan [2] - Online retail sales reached 27.05 billion yuan, with a year-on-year growth of 10.1% [2] Foreign Trade - Gansu Province's total import and export volume reached 35.21 billion yuan, with a year-on-year increase of 33.8%, significantly outpacing the national growth rate of 2.9% by 30.9 percentage points [3] - The province's trade with Belt and Road countries totaled 26.53 billion yuan, growing by 33.1% [3] - Cross-border e-commerce transactions amounted to 2.06 billion yuan, reflecting a growth of 380% [3] Investment Attraction - A total of 4,131 external investment projects were implemented, attracting 452.11 billion yuan, a year-on-year increase of 37.2% [4] - In June alone, 1,713 projects were implemented, with 155.17 billion yuan in funds, marking a 39.4% year-on-year increase and a 60.6% month-on-month increase [4] - The province held 714 outbound promotional events and 1,185 inbound promotional meetings, and signed 1,181 contracts at the 31st Lanzhou Investment and Trade Fair, totaling 650.08 billion yuan, a 7.6% increase from the previous year [4] Open Economy - Gansu Province established a collaborative mechanism for overseas investment promotion, with 43 new foreign-funded enterprises set up in the first half of the year [5] - The province's international freight trains dispatched 82 trains with 3,728 cars, a year-on-year increase of 14.4% [5] - The Lanzhou New Area Comprehensive Bonded Zone saw the registration of 26 new enterprises and achieved an import-export volume of 2.64 billion yuan, growing by 53.2% [5]

Core Viewpoint - The implementation of visa-free policy by China for five Latin American countries marks a significant step towards enhancing mutual understanding and cooperation, providing new opportunities for development and prosperity [1][2][3]. Group 1: Visa-Free Policy Impact - The visa-free policy, effective from June 1, allows citizens of Brazil, Argentina, Chile, Peru, and Uruguay to travel to China without a visa, facilitating easier access for Latin Americans to explore China [1]. - This initiative is expected to boost tourism, enabling more Latin American citizens to experience China's rich culture and history, thus acting as a bridge for increased people-to-people exchanges [1][3]. - The policy is anticipated to extend its positive effects beyond tourism to trade, technology, and cultural exchanges, enhancing business cooperation and activating trade and investment potential between China and Latin America [2]. Group 2: Strengthening Bilateral Relations - The visa-free policy is seen as a means to deepen the already stable and mutually beneficial relationship between China and Chile, the first Latin American country to sign a bilateral free trade agreement with China [3]. - Increased ease of travel is expected to lead to more frequent academic exchanges, joint research, and cultural interactions, thereby fostering knowledge innovation and cultural prosperity [2]. - The policy reflects China's commitment to openness and its strategic vision to connect with the world, promoting a deeper integration into the global system [2][3].

Group 1 - China's GDP grew by 5.3% year-on-year in the first half of this year, demonstrating strong resilience amid external challenges [1] - The IMF adjusted its global economic growth forecast for 2025 to 3.0%, an increase of 0.2 percentage points from its April prediction, with China's forecast raised by 0.8 percentage points [1] - China's foreign direct investment showed a "stabilizing and quality-enhancing" trend, with non-financial direct investment in Belt and Road Initiative countries reaching $18.9 billion, a year-on-year increase of 20.7% [1][2] Group 2 - The transaction amount in Belt and Road countries doubled, with Chinese enterprises announcing a transaction amount of $10.1 billion, up 97% year-on-year, accounting for about 52% of total overseas mergers and acquisitions [2] - Despite a 20% decline in the number of mergers and acquisitions to 79, the significant increase in transaction amounts indicates a focus on quality and efficiency in international market strategies [2] - China's trade with Belt and Road countries grew from $2.7 trillion in 2021 to $3.1 trillion in 2024, with an average annual growth rate of 4.7%, and the share of total trade increased from 45.3% to 51.8% in the first half of this year [2][3] Group 3 - From 2021 to the first half of 2025, the bilateral investment scale between China and Belt and Road countries exceeded $240 billion, with China investing over $160 billion in these countries [3] - High-quality products from Belt and Road countries, such as durians and dragon fruits, are increasingly entering the Chinese market, while China's machinery and electronic components support the industrial development of these countries [3]