稳住"压舱石" 敢摘"未来星" ——南通耐心资本何以拔节生长 今年以来，南通市财政局持续做强基金矩阵：重点推进基金40余只，总规模超500亿元；已完成高端装 备、未来产业等领域13只基金设立，总规模达173亿元 ◎记者 邓贞 位于江苏南通紫琅湖畔的金融商务中心，已成为创投机构扎堆的"基金小镇"。资本在这里聚集的背后， 是南通对做"耐心资本"的坚持——既为船舶海工、高端纺织等传统千亿产业注入创新动能，也敢于投向 未来空天、未来海洋等新兴领域。 在政策层面上，南通对做"耐心资本"的坚持还在不断加强。提高政府引导出资比例，强化收益让利，优 化返投认定，并建立更市场化的激励与容错机制……2025年南通推出"基金新政2.0"，处处彰显与资本 共担风险、与创新共享未来的诚意。 2025年，是南通迈入"万亿之城"序列的第五年。这一年，南通传统产业"焕新升级"与未来产业"星辰大 海"的背后，始终离不开"耐心资本"的滋养。 稳住"压舱石"： 南通濠河风景区及周边城市景观 传统焕新+强链补链延链 南通市以船舶、纺织、机械、化工为代表的传统产业，在工业体量中超半壁江山，贡献了60%的产值和 利润，是实体经济的"压舱石"。但面对产业 ...

"第二经济大省"江苏今年经济总量将再上一个万亿元台阶。12月11日，江苏"十五五"规划建议发布。在 总结"十四五"时期发展成就时，建议表示，江苏"经济实力显著提升，全省地区生产总值预计突破14万 亿元"。 此前一天，在江苏省政府新闻办举行的发布会上，江苏省发改委副主任林康也透露，过去五年，江苏地 区生产总值连跨3个万亿元台阶，今年有信心突破14万亿元。"'十四五'时期，江苏综合实力跃上新台 阶，13个设区市全部跻身全国百强，万亿级城市增至5座。" 要实现这四大"提升"，前提依然是自身经济发展。江苏特别提到，把坚守实体经济、构建现代化产业体 系作为强省之要。 作为第一制造大省，2024年江苏制造业增加值4.63万亿元，连续4年稳居全国首位，占GDP比重达 33.8%。不过江苏也坦言，自身还面临"新旧动能转换任务艰巨"等挑战。 为此，江苏一方面要支持冶金、化工、轻工、纺织、机械、船舶海工、建材等产业锻长板，加快向价值 链中高端迈进；另一方面，要增强新一代信息技术、新能源、新材料、生物医药、高端装备等产业优 势，培育航空航天、低空经济等增长新引擎；此外，还要加快壮大第三代半导体、氢能、生物制造等成 长型未来产业，推 ...

Group 1: Engineering Machinery - Domestic demand for excavators is expected to recover to around 120,000 units in 2025, with a year-on-year increase of 19.6% in the first ten months of 2025 [1][15] - The export of excavators reached 93,800 units in the first ten months of 2025, showing a year-on-year increase of 14.4%, with an expected annual growth rate of around 15% [1][29] - The recovery in domestic demand is primarily driven by small excavators, reflecting increased demand for machinery in rural and small-scale water conservancy projects [15][20] Group 2: Shipbuilding and Offshore Engineering - The global shipbuilding industry saw a decline in new orders, with a total of 9,483.31 million deadweight tons in the first ten months of 2025, down 44.67% year-on-year [2] - The shipbuilding price index has shown a general decline, but there is a recovery in orders for bulk carriers and oil tankers in October 2025 [2] - The upcoming replacement cycle in shipbuilding, combined with tightening global environmental policies, is expected to drive a new round of demand growth [2] Group 3: Cyclical Industries - The cyclical sector is showing signs of recovery in 2025, supported by low baselines and the expansion into new industries [3] - The industrial control market is rebounding, with a notable increase in the OEM market, while project-based markets are showing weaker performance [3] - The industrial robot market is expected to grow by over 10% year-on-year in 2025, indicating a sustained recovery [3] Group 4: AI and Robotics - The AI sector is driving significant changes in various industries, with a focus on humanoid robots, data center equipment, and vertical applications [4] - The demand for data center backup power sources is increasing due to global capacity shortages, with domestic alternatives expected to accelerate [4] - The introduction of humanoid robots is becoming a reality, with significant production plans announced by companies like Tesla for 2026 [4] Group 5: Investment Recommendations - The report recommends focusing on the engineering machinery sector, particularly companies like SANY Heavy Industry, XCMG, and LiuGong, which are expected to benefit from domestic and international demand [5][9] - In the shipbuilding and offshore engineering sector, China International Marine Containers (CIMC) is highlighted as a potential beneficiary of the recovery [5][9] - The AI and robotics sector presents investment opportunities in companies like Weichuang Electric and Jack Technology, which are positioned to benefit from the ongoing industrial transformation [5][9]

Core Insights - Nantong's industrial economy shows a steady and progressive growth, playing a crucial role as a "fixed star" and "ballast" for the city's economic growth, with initial success in building a modern industrial city [1] Group 1: Industrial Growth and Achievements - By the end of September 2025, the number of large-scale industrial enterprises in Nantong is expected to reach 7,465, with an average annual growth rate of 8.7% in industrial added value, surpassing the provincial average [3] - In 2024, industrial added value is projected to account for 38.2% of GDP, contributing 46% to GDP growth [3] - Since 2022, Nantong has initiated 994 industrial projects with investments over 500 million yuan, including 17 projects exceeding 10 billion yuan, totaling approximately 810 billion yuan in investment [3] - Nantong ranked 25th among the top 100 advanced manufacturing cities in China in 2024 [3] Group 2: Industrial Structure and Innovation - Nantong is accelerating the construction of a modern industrial system, having been selected as one of the first national pilot cities for the construction of industrial and supply chain ecological systems, with shipbuilding and high-end textiles recognized as national advanced manufacturing clusters [3] - By the end of 2025, the output value of six key industrial clusters, including shipbuilding and electronic information, is expected to exceed 1.3 trillion yuan, accounting for over 80% of large-scale industrial output [3] - The city has nurtured 15 enterprises with over 1 billion yuan in revenue by the end of 2024, with Zhongtian Technology Group becoming a trillion-level enterprise [4] - A total of 30 national-level manufacturing single champion enterprises and 232 national specialized and innovative "little giant" enterprises have been cultivated, with average profit margins exceeding the city's industrial average [4] Group 3: Digital Transformation and Green Development - Nantong has implemented 16,300 projects for digital transformation and was selected as a national pilot city for small and medium-sized enterprises' digital transformation, ranking first among prefecture-level cities in the number of new intelligent factories [4] - The city has established 27,000 5G base stations and created a national-level gigabit city [4] - Nantong has created 34 national-level green factories and 2 green industrial parks during the "14th Five-Year Plan" period, leading the province with over 80% of chemical production enterprises located in industrial parks [4] Group 4: Future Directions - Looking ahead to the "15th Five-Year Plan," Nantong's industrial and information department aims to strengthen the development of a modern industrial city focused on technological frontiers, integrating marine economy, artificial intelligence, green low-carbon initiatives, and integrated consumption [5]

培育新优势激发新动能 韩春瑶 2025年，"十四五"收官之年，中国式现代化进程中具有重要意义的一年。这一年，经济运行总体平稳、 稳中有进，经济社会发展主要目标将顺利实现。"稳"的格局、"进"的势头，离不开高质量发展的扎实推 进。 去年底，中央经济工作会议对2025年经济工作作出系统部署，其中"积极发展首发经济、冰雪经济、银 发经济""促进平台经济健康发展""大力发展县域经济""大力发展海洋经济和湾区经济"引人注目。一年 来，这些"经济"持续成长壮大，它们是中国经济的鲜活实践，也是高质量发展的生动注脚。 新业态激活消费新动能，释放市场巨大潜力。 首发经济不断上新，北京、上海、四川成都等地加强政策支持力度，吸引众多首店、首发品牌入驻，成 为挖掘内需潜力的重要抓手。冰雪经济持续升温，逐渐从"一季热"变为"四季火"，冰雪产业规模2025年 预计突破万亿元。银发经济空间广阔，养老新业态、新模式不断涌现，银发消费市场规模稳步增长。平 台经济规范有序，在以旧换新政策的支持下，平台企业强化技术创新、优化服务体验，助推消费提质升 级。 新领域释放发展新活力，塑造区域竞争优势。 县域经济蹄疾步稳，县域消费市场扩容提质，城乡融合深 ...

Core Insights - Qingdao aims for a 6.5% growth in marine GDP in 2024, focusing on becoming a modern marine economic hub driven by technological innovation [2][12] - The city achieved a marine GDP of 5613.2 billion yuan in 2024, accounting for 5.2% of the national and 30.6% of the provincial marine GDP, contributing 33% to the city's overall GDP [3][11] - Qingdao is advancing its marine industry towards high-end, intelligent, green, and clustered development, fostering new productive forces in the marine sector [4][13] Technological Innovations - The "high-efficiency, wide-band, high-reliability pneumatic wave energy conversion device" developed by Tsinghua University won a special gold award at the 49th Geneva International Invention Exhibition, addressing cost and reliability issues in wave energy generation [2][12] - The first 15,000-ton intelligent aquaculture vessel "Guoxin 1" is set to be delivered in April 2025, capable of producing 3,600 tons of high-quality fish annually [4][14] - Qingdao is developing 34 marine AI models, enhancing predictive capabilities for ocean conditions [3][13] Marine Economy Development - The marine economy's contribution rate reached 6.9%, driving a 2.1 percentage point increase in overall economic growth [3][11] - The marine industry is structured into three sectors: primary (2.9%), secondary (43.5%), and tertiary (53.6%), indicating a balanced development approach [3][11] - Qingdao's marine drug development, including the first domestic immune anti-tumor marine drug BG136, is progressing to clinical trials, showcasing the potential of marine resources [15] International Collaboration - The "Ocean Decade" International Cooperation Center was established in Qingdao, integrating into the UN's global top-level scientific initiatives [17][18] - Qingdao hosted the first UN Ocean City Conference in February 2025, facilitating international dialogue on marine governance and technology [18][19] - The city is expanding its "blue circle" of international cooperation, enhancing its role in global marine governance [19][20] Environmental Sustainability - Qingdao is recognized for its top-tier marine ecological protection and restoration efforts, contributing to sustainable management and the creation of a harmonious marine ecosystem [20][21] - The city is actively engaging in digital initiatives to promote marine conservation awareness through virtual platforms [20][21] - The "2025 Marine Ecological Protection and Restoration Consensus" was released to guide sustainable practices in marine ecosystems [20]

站在"十四五"收官与"十五五"启航的历史交汇点，镇江丹徒区高质量发展步履铿锵，交出了一份综合实 力跃升、发展动能澎湃、城乡面貌蝶变的厚重答卷。围绕"沪宁线上先进制造业协同发展的重要承载 地、长三角科教产教融合的实践先行地、华东地区山河江岛城乡共融的生态宜居地"三大战略定位，丹 徒将加快构建"一主三轴"的总体空间布局——形成以主城区、丹徒高新区、长山产教融合发展区为主 体，G312产业创新轴、长江沿线绿色发展轴、城乡融合发展轴联动发展的新格局，以更加昂扬的姿 态，在接续奋斗中谱写中国式现代化丹徒崭新篇章。 综合实力稳步跃升 构筑产业强区新格局 过去五年，丹徒区以"稳增长、调结构、攻项目"为主线，推动地区生产总值历史性突破500亿元大关， 人均GDP基本达到中等发达国家水平门槛，区域经济发展能级实现战略性跨越。确立"5+2"重点产业， 百亿级产业集群增至3个，发展韧性显著增强。创新动能澎湃涌动，高新技术企业与科技型中小企业数 量较2020年分别增长52%和128%，国家级专精特新"小巨人"企业实现突破，创新"森林"生态日渐繁茂。 招商引资是区域经济发展的源头活水，亮眼成绩单的背后是该区招商体制机制改革的深度赋能。 ...

Core Viewpoint - The article highlights the transformation of the Port Zone Economic Development Zone, which is evolving from traditional industries to new emerging sectors, driven by technological upgrades and strategic investments. Group 1: Industrial Transformation - The Port Zone Economic Development Zone is advancing new industrialization during the 14th Five-Year Plan, developing a "three optimizations, three new" industrial structure tailored to local conditions [2] - Traditional industries such as equipment manufacturing, shipbuilding, and high-end textiles are being upgraded through technological transformation, while strategic emerging industries like smart equipment, electronic information, and new materials are expanding [3] - Over the past five years, the zone has attracted projects worth 20 billion yuan, including five projects of 2 billion yuan, thirteen projects of 1 billion yuan, and forty projects of 500 million yuan [3] Group 2: Project Development and Investment - The zone has established a mature project promotion mechanism, with 70% of projects completing construction permits within three months of land acquisition [7] - The average construction cycle has been reduced from three years to under two years, with major project acceptance times cut from six months to three months [8] - In 2023, 23 new construction projects worth over 100 million yuan were initiated, with 16 projects completed and 14 fully operational [9] Group 3: Talent and Innovation - The zone has introduced nearly 50 talents and 8 leading talents over the past four years, with over 140 innovation projects and a survival rate exceeding 97% [4] - The number of high-tech enterprises has increased by nearly 60, surpassing 130, with over 1,000 new effective invention patents [4][5] - The zone is implementing a "dual chain integration" project to promote the production and efficiency of technology-driven projects [5] Group 4: Service and Support - The Port Zone Economic Development Zone emphasizes a service-oriented approach, providing comprehensive support to enterprises, including facilitating procurement and addressing specific needs [10] - The zone has implemented a rapid response mechanism to understand and address enterprise demands, promoting over 100 technology transformation projects during the 14th Five-Year Plan [10] - The service model has extended to various sectors, enhancing collaboration among local enterprises [10][11] Group 5: Future Outlook - The zone aims to enhance its capabilities, quality, openness, and efficiency, striving to establish a modern industrial system by 2030, with a focus on advanced manufacturing and modern service industries [12] - The goal is to achieve a GDP increase of another 100 billion yuan, positioning the zone as a key growth driver for high-quality development in the region [12]

Core Insights - The launch of the "Gold Medal Marine Engineering" service measures signifies a critical step for Zhenjiang in participating in international marine engineering competition [2] - The eight service measures aim to enhance the development of the shipbuilding and marine engineering industry through institutional innovation and precise services [1] Group 1: Service Measures - Eight service measures were officially released, focusing on key areas such as government collaboration, industry cultivation, trial navigation support, and technological empowerment [1] - The measures are characterized by "speeding up, increasing efficiency, and reducing burdens," involving process reengineering, mechanism innovation, and systematic upgrades of resource guarantees [1] Group 2: Industry Performance - From January to October, the shipbuilding and marine engineering industry in Zhenjiang achieved invoiced sales of 14.58 billion yuan, a year-on-year increase of 25.9%, ranking first among the city's key industrial chains [1] - The foreign trade export value increased by 2.9 times year-on-year, with several shipyards' orders extending to 2029, indicating a state of "full-load production" [1] Group 3: Future Outlook - The maritime department has supported the launch of 66 new ships and trial navigation for 56 ships from January to October, with an expectation of 28 more launches and trials by the end of the year [1] - The demand for green and intelligent ships is rapidly increasing, and the global replacement of shipping capacity is accelerating, presenting a new development window for Zhenjiang's shipbuilding and marine engineering industry [1]

Core Insights - The "Double High Collaboration" model aims to enhance the integration of technological and industrial innovation by fostering cooperation between high-tech zones and universities, marking a new development approach in Jiangsu Province [1][4][8] Group 1: Implementation and Progress - The initiative has entered a practical implementation phase, with 18 high-tech zones paired with 37 universities to explore the "Double High Collaboration" model since its pilot launch in July [1][4] - Wuxi High-tech Zone has established a "Double High Collaboration" promotion center, creating three platforms: achievement center, demand center, and capability center, with 100 enterprise technology needs and 5,151 university patent results included [2][3] - The collaboration has led to the formation of 36 innovation joint bodies in Suzhou High-tech Zone, supported by a 100 million yuan fund for achievement transformation [1][2] Group 2: Policy Support and Framework - The provincial government has introduced 24 support policies and 15 reform measures to facilitate the "Double High Collaboration" model, emphasizing the need for high-tech zones to align with market demands and attract university innovation resources [4][5] - The provincial education department has released 10 measures to support pilot universities, focusing on assessment incentives, discipline construction, and industry-education integration [5][6] Group 3: Future Directions and Goals - The goal is to achieve "full-domain collaboration," addressing issues such as poor connection mechanisms and enhancing cooperation between departments, high-tech zones, and universities [6][7] - Future plans include establishing specialized centers and expanding collaborative networks across the province, focusing on key technology areas like artificial intelligence and smart equipment [7][8]