（原标题：不摊大饼"提密度"，广东"二次起跑"重塑产业园区） 日前，工业和信息化部和国家发展改革委联合印发《工业园区高质量发展指引》（以下简称《发展指 引》），提出引导工业园区向特色化、集约化、数智化、绿色化、规范化方向发展。 这意味着，全国的产业园区建设正在从过去追求规模扩张、招商引资"拼数量"的粗放模式，迈向以提升 质量、提高效益和增强创新能力为核心的内涵式增长新阶段。 回望过去二十年，广东产业园区的发展逻辑经历了从资源驱动到机制驱动、从供给导向到创新导向的深 刻转变。 按照广东的逻辑，破解"提质"与"增效"的关键，不仅在于做大体量，更在于优化结构、创新机制、增强 内生动力。 过去，园区主要承担土地集约利用、招商引资的平台功能，是"工业地产的提供者"。如今，以江门、湛 江、梅州等地为代表的新型园区，正从"卖土地"向"投产业"转型，通过资本纽带与产业形成命运共同 体，完成了从"房东"到"股东"的身份转变。 湛江市在承接产业有序转移主平台改革中，创新"资本招商、以投促引"模式，由湛江市城发集团作为投 资运营主体，以母子基金、专项基金、股权直投等方式，预计可撬动超37亿元总投资，财政资金放大效 应约6倍。 在全 ...

Group 1 - The public fund industry in China has seen significant growth, with total assets increasing from 14.7 trillion yuan in early 2019 to 35 trillion yuan by August 26, 2023, reflecting a compound annual growth rate of over 14% [1] - The regulatory framework emphasizes "strong regulation, risk prevention, and promoting high-quality development," aiming for a high-quality development landscape within three years [1] - The industry is experiencing a "Matthew effect," where the top 30 companies manage 77% of the assets, while the next 40 medium-sized public funds manage only 17% [2][3] Group 2 - Medium-sized public funds face multiple challenges, including a lack of product innovation and structural bottlenecks, as they struggle to compete with larger firms that have more resources [2][3] - The research and investment capabilities of medium-sized funds are generally weaker, with teams typically consisting of 50-100 people, leading to difficulties in attracting and retaining talent [2][3] - The reliance on third-party sales channels limits the bargaining power of medium-sized funds, affecting their market presence and resource allocation [2][3] Group 3 - Medium-sized public funds are encouraged to leverage the opportunities presented by the regulatory framework to enhance their competitiveness through financial technology [4] - Building an integrated, intelligent research and investment support platform is essential to address the challenges posed by data overload and market volatility [5][6] - Expanding equity product offerings is crucial, as there is a shift in asset allocation from real estate and bank wealth management to standardized equity assets [8] Group 4 - The ETF market has seen rapid growth, surpassing 5 trillion yuan, driven by new product launches and increasing investor acceptance of diversified investment tools [9] - The alternative asset market presents significant growth potential, with public REITs rapidly developing since their pilot launch in 2020, currently nearing 180 billion yuan [10] Group 5 - Medium-sized public funds should focus on digital transformation of direct sales channels to reduce reliance on third-party channels and enhance service efficiency [12] - Establishing deep partnerships with third-party platforms is vital for resource sharing and customer lifecycle value cultivation [14] - Customized services for institutional clients are increasingly important, requiring a comprehensive capability to meet evolving investment goals [15] Group 6 - A stable governance structure is essential for building core competitiveness and attracting institutional clients [17] - Optimizing performance evaluation mechanisms to focus on long-term returns rather than short-term rankings is necessary for sustainable growth [18] - Mergers and acquisitions can help medium-sized funds quickly acquire necessary licenses and resources, enhancing their product offerings and reducing costs [20] Group 7 - Utilizing financial technology to enhance operational efficiency and create immersive customer experiences is critical for business growth [21][22] - The industry should collaboratively establish a financial technology sharing platform to lower the barriers to digital transformation for individual firms [22] Group 8 - Medium-sized public funds should approach specialized development cautiously, as it requires dynamic calibration and may involve significant risks [23][24] - Maintaining a core business while exploring potential areas for growth is essential for navigating competitive pressures and seizing opportunities [24]

Core Insights - The Shanghai Financial Regulatory Bureau is guiding foreign financial institutions towards innovative development and encouraging foreign banks to leverage their cross-border networks and product advantages for differentiated competition and specialized development [1] Group 1 - The Shanghai Financial Regulatory Bureau is promoting foreign insurance companies to utilize global expert support teams to provide risk reduction services [1] - The bureau is guiding foreign-controlled wealth management companies to enhance investment management capabilities by relying on foreign shareholders' research and risk control experience, thereby enriching the product supply in the wealth management market [1]