2月24日，春节后首个工作日，广东连续第四年召开全省高质量发展大会，今年聚焦"制造业与服务业协 同发展"，进一步释放出坚定不移推动高质量发展的强烈信号。 从"制造大省"向"制造强省"迈进的过程中，生产性服务业高质量发展已成为广东培育发展新质生产力、 促进高质量发展的关键抓手。广东省省情调查研究中心（下称"省情中心"）长期关注广东现代化产业体 系建设以及"两业融合"发展情况，近日以实地调研、企业家访谈、问卷调研、大数据调研、比较研究、 案例分析等多种方式，对我省生产性服务业发展情况进行了综合性调研，并形成《广东重点领域生产性 服务业高质量发展调研报告》（下称《调研报告》）。 省情中心抽样问卷调查结果。 多数企业认同生产性服务业企业有赋能作用 《调研报告》指出，广东省生产性服务业发展规模走在全国前列，部分领域已拥有领跑优势。接受省情 中心问卷调查的多数省内本土企业，高度认同生产性服务业对制造业高质量发展的赋能作用。在制造业 与生产性服务业深度融合政策体系不断完善的情况下，广东省生产性服务业已形成"以广深双核带动、 分层次集聚发展"的态势。 广东制造业基础雄厚，正从"制造大省"向"制造强省"迈进。《调研报告》指出， ...

Core Insights - The production service industry in Zhuhai is transitioning from a "supporting" role to a "leading" role, becoming a new engine for enhancing the quality and efficiency of the manufacturing sector [1][2] - The city is implementing a service industry capacity expansion and quality improvement action plan to establish a modern service industry system that is comprehensive, multi-layered, and high-level [1] Group 1: Industry Development - Zhuhai is focusing on the integration of productive services with advanced manufacturing, emphasizing sectors such as digital economy, low-altitude economy, marine economy, and modern agriculture [1][2] - The city aims to develop high-end services like technology services, aviation services, and port and shipping services, thereby expanding new service-oriented manufacturing formats [1] Group 2: Technological Integration - The "Modular Space" in Zhuhai's Xiangzhou District is creating a vertical and intensive production service industry cluster, embedding design, research, and software information into the manufacturing supply chain [1] - The implementation of the "modular resonance" model is set to promote deep integration of artificial intelligence with manufacturing, with 55 large model enterprises and numerous applications in research and testing [1][2] Group 3: Economic Performance - By 2025, Zhuhai plans to implement seven major projects in the productive service industry, targeting over 2,500 large-scale productive service enterprises [2] - The revenue of large-scale profitable service enterprises in Zhuhai has increased by 13.4%, with internet-related services seeing a remarkable growth of 69.6% [2] - Advanced manufacturing's added value accounts for 58.4% of the total industrial added value, with several performance indicators, including industrial enterprise profit margins and product quality compliance rates, ranking first in the province [2]

Core Viewpoint - The Liaoning Provincial Government has issued a series of policy measures aimed at promoting economic growth and transformation, focusing on key industries, technological innovation, and financial support for various sectors [4]. Group 1: Financial Support for Key Industries - Annual funding support of up to 2 million yuan is available for enterprises, universities, and research institutions in key industries for purchasing computing power services [5][6]. - Interest subsidies for loans at an annual rate of 1.5% are provided for projects related to low-altitude aircraft and key components, with a maximum annual subsidy of 1 million yuan per project and 5 million yuan per enterprise [6]. - Financial support of up to 200,000 yuan is available for projects that integrate modern services with advanced manufacturing [6]. Group 2: Technological Innovation and Development - Special funds are allocated to support the digital transformation of enterprises, including free diagnostic services and tailored transformation plans [5]. - Funding support is provided for artificial intelligence development, including computing power usage and application scenarios, with a maximum of 2 million yuan for eligible projects [5][6]. - Support for the establishment of technology innovation platforms and specialized verification platforms is available, with funding up to 300,000 yuan for cutting-edge technology research projects [8]. Group 3: Support for Emerging Industries - The government encourages the establishment of national and provincial quality inspection centers, with funding support of up to 100,000 yuan for expanding industrial scale and service capabilities [2]. - Financial support is available for new agricultural business entities, with interest subsidies for loans related to grain and oil planting, modern facility agriculture, and marine fishing vessel upgrades [7]. - Support for cross-border e-commerce development includes funding for platform entry, marketing, and independent site construction, with a maximum of 300,000 yuan per enterprise [10]. Group 4: Infrastructure and Logistics - The government is implementing differentiated toll policies for transportation vehicles, offering discounts for those using ETC systems [7]. - Efforts to reduce port fees and streamline transportation permit processes are underway to enhance logistics efficiency [7]. - Support for the mining industry includes facilitating exploration and development of mineral resources, with a focus on green approval processes [8]. Group 5: Policy Implementation and Evaluation - The policies are effective from the date of issuance, with a general execution period of one year, and specific implementation details will be clarified by the provincial development and reform commission [13]. - Continuous evaluation of policy effectiveness will be conducted, with adjustments made to policies that do not yield significant results [13].

Core Insights - The service industry in Jiangsu Province is projected to achieve a value-added of 76,943.7 billion yuan in 2025, reflecting a year-on-year growth of 5.8% and accounting for 54% of the regional GDP, an increase of 0.9 percentage points from the previous year [1] Group 1: Service Industry Growth - The service industry is expected to maintain a steady growth trajectory, with significant contributions from the production-oriented service sector and the continuous empowerment of digital technology and scientific research [1] - The new momentum in the service industry is accelerating development, and the supply of service consumption is becoming increasingly rich [1] Group 2: Consumer Services Performance - From January to November of the previous year, the revenue of large-scale consumer service industries increased by 5.6% year-on-year, which is an improvement of 1.3 percentage points compared to the period from January to August [1] - Specific sectors such as tourism, entertainment services, cultural services, and resident travel services saw year-on-year growth rates of 11.1%, 11.2%, and 15.9% respectively [1] - The revenue from sports event organization increased by 35.7% year-on-year, driven by the long-tail effect of events like "Su Chao" [1] Group 3: Future Directions - The provincial statistics bureau emphasizes the need to focus on enhancing the capacity and quality of production-oriented services, actively integrating into and supporting the construction of a unified national market [1] - There is a push to cultivate and strengthen new productive forces in the service industry to further unleash the potential of service consumption [1]

人民日报记者 吴齐强 洪秋婷 一场针对严重慢性病的攻坚战，在广东东莞松山湖细胞制备中心紧锣密鼓地进行着。 实验室内，一个个零下196摄氏度液氮罐内储存着人体组织细胞，科研人员正在利用这些"种子"进 行药物研发。 从细胞层面研发药物，改变了传统的疾病治疗模式：从"对症管理"到"对因治疗"。这家中心的拥有 者广东先康达生物科技有限公司深耕研发一线，为研发企业开放实验室设计、提供工艺输出等。董事长 谢海涛介绍，依托广东产业链集群和人才优势，集团为全产业链提供支持，"2025年我们新增合作医院 近20家，营收同比增长10％以上。" 来到深圳技术大学后，李和言收获了"惊喜"：学校同意5项专利技术许可的转化使用，而且10年内 无需支付使用费；专利应用后产生的收益，以一定比例回赠学校。 "这种模式让我们更灵活地对接社会资本，也大大缩短了技术落地周期。"李和言感慨道。 李和言的欣喜，是广东许多科研工作者共同的感受。2025年以来，广东省重点探索职务科技成 果"先用后转"改革，推广"先使用后付费"等科技成果转化新模式，配套发布了2100余项可转化科技成果 清单，让创新和应用更快"交上朋友"。 "对企业尤其是中小企业而言，'先用 ...

南方财经记者郑玮 实习生龚晨晨 广州报道 近日，随着一批城市"尖子生"相继公布GDP数据，2025年中国万亿城市之争尘埃落定。 南方财经记者统计数据显示，2025年全国有29座城市GDP迈入万亿级。其中，温州、大连两市GDP首次突破万亿元，同期上 海、北京两市GDP也双双达到5万亿元区间，全国万亿GDP城市版图再度迎来扩容。 "万亿矩阵"扩容背后，2025年，全国有22座万亿城市GDP增速超过5%（全国平均增速），其中唐山、合肥、烟台、温州4城GDP 增速超过6%。同期，14座万亿城市2025年GDP增速较2024年持平或略有增长，其中西安、广州分别增长3.4个百分点和1.9个百 分点。 进一步观察这批城市"尖子生"的经济结构，哪些产业在"破万亿"进程中提供了关键动能？ 不同梯次城市的发展重心显露差异。其中，上海、北京两座"领头羊"2025年第三产业增加值增速分别达到6.0%、5.8%，均跑赢 GDP增速。同期，温州、大连两座新晋万亿城市规上工业增加值增速均实现两位数以上正增长，依托第二产业扛起了万亿版图 的关键一角。 把时间维度拉长，2021年—2025年，全国万亿GDP城市数量已从24座逐步增长至29座。 ...

Core Insights - Guangzhou's economic performance in 2025 reflects resilience amid external challenges and internal structural adjustments, with a focus on consumption and industrial upgrades as dual engines of growth [1][6] Consumption Dynamics - The city's consumption market shows strong resilience, with daily retail sales for automobiles and communication devices reaching 375 million yuan and 132 million yuan respectively, and various goods maintaining an annual growth rate of over 6% [3] - Online retail sales of physical goods exceeded 350 billion yuan, marking a 13.1% year-on-year increase and accounting for 31.9% of total retail sales, indicating a transition from a traditional to a digital commerce hub [3] - Service consumption is becoming a new growth driver, with over 110,000 commercial performances held in a year, attracting 264 million tourists and boosting cultural and tourism consumption [3][4] Infrastructure and Investment - Baiyun Airport handled over 83 million passengers, ranking among the top ten globally, while the metro system recorded an annual ridership of 3.4 billion, showcasing robust transportation infrastructure [4] - New loans exceeded 510 billion yuan, ranking third nationally, with actual foreign investment growing by 9.1%, supporting the consumption infrastructure [4] Industrial Growth - The service sector's contribution to GDP surpassed 2.4 trillion yuan, accounting for over 80% of GDP growth, with the productive service industry making up 59% of this sector [4] - The digital economy is rapidly expanding, with core industry value-added growth at 6%, and digital product services growing by 15% [4][6] - Traditional industries are revitalizing through technological upgrades, with significant investments in industrial technology improvements during the 14th Five-Year Plan period [5][6] Emerging Industries - The "3+5" strategic emerging industries are projected to exceed 1 trillion yuan in value-added, growing by 4.2% and constituting 32.4% of GDP [6] - The automotive sector is transitioning towards new energy vehicles, with production increasing by 21.6%, and significant growth in charging stations and battery production [6] - The integration of innovation and industry is evident, with a notable increase in the number of specialized small and medium enterprises contributing significantly to industrial growth [6] Conclusion - Guangzhou's economic report illustrates a balanced approach to transitioning from old to new, with a solid foundation for current stability and a clear trajectory for future growth [6]

转自：成都日报锦观 以生产性服务业高质量发展赋能产业向新向优 精彩观点 1 制造业之强，不在规模和比重，而在于能占据研发与设计、中试验证、检测检验、供应链管理、品牌 培育、知识产权运营等价值链增值服务环节 2 成都生产性服务业的空间分布表现出高度不均衡和集聚特征，呈现点轴渐进空间格局 3 顺应新一轮科技革命和产业变革趋势，推动先进制造业和现代服务业融合提质升级，全链条推动生产 性服务业渗透到生产各个环节 构建起"成都服务+周边制造"的发展格局 锦观智库：众所周知，生产性服务业对提升城市竞争力、辐射带动力和服务国家战略方面，具有十分重 要的作用。成都在发展生产性服务业方面具有哪些优势？又面临哪些挑战和机遇？ 林娜：当前，成都生产性服务业的发展实力、服务能力、竞争能力、市场需求在西部地区具有明显比较 优势。 党的二十届四中全会审议通过的《中共中央关于制定国民经济和社会发展第十五个五年规划的建议》对 促进服务业优质高效发展作出部署，提出"分领域推进生产性服务业向专业化和价值链高端延伸"。生产 性服务业是满足生产者中间需求的服务活动，是现代化产业体系的重要组成部分。随着AI、大数据等 新技术的不断成熟和广泛应用，生产 ...

Core Viewpoint - Market sentiment oscillates between extreme optimism and pessimism, with extreme points often signaling reversals. Current market volatility reflects the need for investors to navigate the "price and value expectation gap" [1] Group 1: Market Dynamics - The current A-share market is experiencing a volatile pattern with accelerated sector rotation, driven by liquidity similar to the conditions seen in 2014-2015, characterized by low interest rates, policy encouragement, and clear industrial trends [1][2] - The global liquidity remains relatively loose, and the narrative surrounding AI has not shifted, providing a foundation for the continuation of the current market trend [1] - The China Securities Regulatory Commission's emphasis on preventing large market fluctuations suggests a more gradual market evolution, which may solidify the foundation for long-term healthy development [2] Group 2: External Risks - There is a need to be cautious of potential external economic recession risks, particularly regarding the U.S. economy, which is showing significant "K-shaped" differentiation. While a "soft landing" is possible, the risk of a "hard landing" remains a critical external variable affecting global liquidity and risk appetite [2] Group 3: Market Structure Changes - The A-share market is undergoing profound changes in its ecosystem, with increasing influence from domestic insurance funds and quantitative strategies, as well as a shift towards industry-focused investments rather than individual stocks [2] - The focus on high-quality development is shifting economic growth from reliance on "traditional engines" to fostering "emerging momentum," with greater emphasis on growth potential, technological barriers, and industry chain positions [2] Group 4: Investment Strategies - The "global barbell strategy," supported by factors such as de-globalization, debt cycles, and AI industry trends, is recommended for constructing resilient asset allocations. This strategy involves positioning at both ends: stable assets to withstand uncertainty and high-growth elastic assets [2][3] - On the stable asset side, attention is drawn to short-duration bonds with high sovereign credit value, commodities like copper and gold, and high-dividend stocks in the AH market [3] - On the elastic asset side, there is a sustained focus on Chinese tech stocks driven by the AI industry wave and self-controlled industrial chains, with significant breakthroughs in domestic AI narrowing the cognitive gap with U.S. tech industries [3] Group 5: Long-term Investment Focus - "AI+" and "service industry+" are identified as two key long-term investment themes, with "AI+" expected to empower various sectors and "service industry+" having broad prospects to optimize industrial structures and create jobs [4] - In the "service industry+" sector, there is a consensus on the hard logic of technological advancements driving productive services, while areas like healthcare and education, which cater to significant demographic needs, present substantial long-term investment opportunities [4] Group 6: Identifying Expectation Gaps - The core of investment lies in recognizing the differences between price and value, focusing on identifying expectation gaps within a highly consensus-driven market [5] - The evolving requirements for analysts emphasize macro vision, forward judgment, and independent thinking, necessitating continuous adaptation and reflection to navigate changing market conditions [5]

佛山诞生广东地级市第一个千亿街道。2月2日，据佛山市第十六届人大第六次会议消息，2025年南海区 桂城街道GDP突破1000亿元。 "十四五"时期，桂城街道经济总量连续跨越4个百亿台阶。桂城积极承接广州外溢资源，并引入广东金 融高新区、季华实验室等重大战略平台。生产性服务业的发展是桂城GDP跨过千亿元的关键动力，也是 区别于广东地级市其他千亿元级镇街的主要特色。同时，桂城坚持将制造业作为压舱石。在拥有多 家"百亿级"制造企业总部基础上，还培育了江博士、天波科技等一批"十亿级"制造企业，以及希荻微等 22家国家级专精特新"小巨人"企业。 此前，佛山已有南海区狮山镇、顺德区北滘镇两个GDP超千亿元的经济强镇。2023年，佛山提出支持桂 城等镇街在2027年率先争创千亿镇街，引领其他镇街分梯队、分阶段迈上千亿级台阶，至2038年千亿镇 街总数达到10个。桂城提前两年实现该目标。 广东省委党校教授陈鸿宇表示，"千亿桂城"最大的启示不是照抄照搬的路径依赖，而是把广佛交界的地 理区位转化为经济区位的"因地制宜"。"每个区域都要找到最适合自己发展的路径，才能实现经济高质 量发展。"他表示。 至此，佛山千亿镇街总数增至3个， ...