Core Insights - The 18th China-EU Investment Trade and Technology Cooperation Fair (EU Fair) is set to take place from November 19 to 21 in Chengdu, focusing on enhancing cooperation in trade, investment, and technology between China and the EU [1][2]. Group 1: Event Overview - The EU Fair has evolved into one of the largest platforms for China-EU economic and technological cooperation, with participation from over 1,200 companies and more than 29,000 business matching sessions since its inception in 2002 [1]. - The event is expected to attract over 600 attendees from the business and academic sectors of both China and Europe, including representatives from 19 European countries and major companies like Three Gorges Group, CATL, and AstraZeneca [1]. Group 2: Themes and Focus Areas - The theme of this year's fair is "Mutual Trust and Shared Benefits," emphasizing the economic complementarity and responsibilities of both parties in a rapidly changing world [2]. - The fair will feature five parallel industry matchmaking sessions focusing on energy and environmental protection, biomedicine, digital culture and creativity, agricultural products, and intelligent robotics [4][5]. Group 3: Economic Context - In the first ten months of this year, the total value of goods trade between China and the EU reached $680.17 billion, with a year-on-year growth rate of 4% [6]. - Both parties are committed to deepening mutually beneficial cooperation and exploring various economic agreements, including investment treaties, to enhance trade and investment liberalization [6].

Core Insights - Sichuan province is enhancing innovation supply and promoting new consumption scenarios, achieving a retail sales total of 2.12 trillion yuan in the first three quarters of the year, a year-on-year increase of 5.8% [1] - The emphasis on improving consumer capacity and conditions, as highlighted by Xi Jinping, aims to fully unleash consumption potential [1] Group 1: New Consumption Scenarios - Chengdu's East District Memory Park combines industrial heritage with modern digital creative shops, attracting over 50,000 daily visitors, with young tourists making up over 80% [2] - Unique experiences such as costume changes in restaurants and interactive activities in parks are transforming shopping into a comprehensive "play, buy, and entertain" experience [3] - The integration of various consumption destinations is creating new landmarks in Sichuan [3] Group 2: Economic Growth and New Business Models - Chengdu has welcomed 631 new flagship stores in the first three quarters, maintaining a leading position nationally [4] - The "Night Tour Jinjiang" project attracted approximately 360,000 visitors during the National Day and Mid-Autumn Festival holidays, generating about 2.85 million yuan in tourism revenue [4] - The night economy is expanding with initiatives like "Night Tour Sanjiang" in Leshan and "Starry Night Market" in Mianyang [5] Group 3: Digital Creative Industry - Chengdu High-tech Zone has over 6,000 digital creative enterprises, employing more than 120,000 people, with an industry scale exceeding 110 billion yuan [6] - The digital creative sector is diversifying visitor experiences and contributing to economic growth [6] Group 4: Policy Support and Consumer Potential - Sichuan is implementing five major actions to boost consumption, including the establishment of a center to support flagship economic development [7] - The introduction of "immediate tax refund" policies has significantly increased foreign tourist spending, with a 200% year-on-year growth in tax refund applications from January to July [7] - The "Hundred Products Thousand Stores" initiative aims to cultivate over 1,500 small shops in three years, enhancing local culture and consumer experiences [8]

Core Insights - Sichuan province is enhancing innovation supply and promoting new consumption scenarios, achieving a retail sales total of 2.12 trillion yuan in the first three quarters of the year, a year-on-year increase of 5.8% [1] - The emphasis on improving consumer capacity and conditions, as highlighted by President Xi Jinping, aims to fully unleash consumption potential [1] Group 1: New Consumption Scenarios - Chengdu's East District Memory Park combines industrial heritage with digital creative shops and art cafes, attracting over 50,000 daily visitors, with young tourists making up over 80% [2] - Unique experiences such as costume changes in restaurants and interactive activities in parks are transforming shopping into a comprehensive "play, shop, and entertain" experience [3] - The integration of various consumption destinations is creating new landmarks in the region [3] Group 2: Economic Growth and New Business Models - Chengdu has welcomed 631 new flagship stores in the first three quarters, maintaining a leading position nationally [4] - The "Night Tour Jinjiang" project has attracted approximately 360,000 visitors during the National Day and Mid-Autumn Festival holidays, generating about 2.85 million yuan in tourism revenue [4] - The night economy is expanding with initiatives like "Night Tour Sanjiang" in Leshan and "Starry Night Market" in Mianyang, aiming to create 20 "nocturnal landmarks" and 100 night economy clusters [5] Group 3: Digital and Creative Industries - Chengdu High-tech Zone has over 6,000 digital creative enterprises, employing more than 120,000 people, with an industry scale exceeding 110 billion yuan [6] - The establishment of the Jinjiang District First Economy Development Promotion Center aims to provide comprehensive lifecycle services for new businesses [6] Group 4: Tax Policies and Consumer Engagement - The introduction of "immediate tax refund" policies has significantly increased foreign tourist purchases, with a 200% year-on-year growth in tax refund applications from January to July [7] - The "Hundred Products Thousand Stores" initiative aims to cultivate over 1,500 local shops within three years, enhancing the local economy and cultural experience [7]

Core Insights - Sichuan province is enhancing innovation supply and promoting new consumption scenarios, achieving a retail sales total of 2.12 trillion yuan in the first three quarters of the year, a year-on-year increase of 5.8% [1] - The emphasis on improving consumer capacity and conditions aligns with national strategies to stimulate consumption and investment through new demand and supply interactions [1] Group 1: New Consumption Scenarios - Chengdu's East Suburb Memory Park combines industrial heritage with modern digital creative shops, attracting over 50,000 daily visitors, with young tourists making up over 80% [2] - Unique experiences such as costume rentals and themed dining are enhancing consumer immersion, with one shop reporting a maximum daily capacity of over 3,000 visitors [3] - Various commercial districts in Sichuan are evolving from traditional shopping to integrated experiences that include entertainment and leisure [3] Group 2: Night Economy and New Business Models - Chengdu has seen the establishment of 631 new stores in the first three quarters, leading the nation in new business openings [4] - The "Night Tour Jinjiang" project has attracted approximately 360,000 visitors during the National Day and Mid-Autumn Festival, generating around 2.85 million yuan in tourism revenue [4] - Other cities in Sichuan are also developing night economies, with plans to create 20 "nocturnal landmarks" and 100 night economy clusters [5] Group 3: Digital Creative Industry Growth - Chengdu High-tech Zone has over 6,000 digital creative enterprises, employing more than 120,000 people, with an industry scale exceeding 110 billion yuan [6] - The integration of services such as policy support and financial assistance within close proximity is fostering a collaborative environment for digital creative businesses [6] Group 4: Policy Support and Consumer Incentives - Sichuan's government is implementing five major actions to boost consumption, including the establishment of a center to support new product launches and business development [7] - The introduction of "immediate refund" policies for foreign tourists has significantly increased the volume of tax refunds, with a 200% year-on-year growth in refund applications from January to July [7] - Collaborative initiatives with neighboring provinces aim to enhance the shopping experience for inbound tourists through streamlined tax refund processes [7] Group 5: Cultural and Local Business Development - The "Hundred Products Thousand Stores" initiative aims to cultivate over 1,500 local shops within three years, enhancing the cultural and experiential aspects of shopping in Sichuan [8] - The province is focused on creating a vibrant consumer environment that reflects both traditional and modern influences, aiming to position Sichuan as an attractive international consumption destination [8]

Core Insights - The World Cities Culture Report's fifth edition highlights Chengdu's innovative practices in the digital cultural and creative sector, showcasing three key case studies during the 2025 World Cities Culture Forum in Amsterdam [1] Group 1: Digital Cultural and Creative Industry - Chengdu has introduced China's first city-level support policy specifically targeting the cultivation of digital cultural and creative startups, aiming to establish a robust incubation system for new enterprises in digital media, gaming, AI, and online cultural services [3][4] - The report emphasizes that prior to this policy, government measures were fragmented, leading to a lack of a comprehensive framework for sustainable development of startups. Chengdu's integrated support model combines funding, infrastructure, services, and talent incentives [4] - By lowering entry barriers and providing targeted measures, Chengdu has created an attractive growth environment for entrepreneurs in the digital cultural and creative sector [4] Group 2: Sci-Fi Industry Development - Chengdu has launched China's first city-level policy dedicated to supporting the sci-fi industry, aiming to develop a new growth engine that connects literature, film, gaming, tourism, and immersive experiences [4] - A fund exceeding 3 billion yuan has been established to provide timely financial support for emerging companies in the sci-fi sector, facilitating the transformation of imagination into industrial strength [4] - The report notes that these initiatives are reshaping Chengdu's cultural and industrial landscape, activating a complete ecosystem that connects content creators, industry platforms, investment funds, and international markets [4][6] Group 3: E-sports Industry Growth - Chengdu's e-sports industry has become a prominent city brand through proactive industry layout and strong policy guidance, enhancing its reputation as a top e-sports destination in China [6] - The city has implemented numerous policies to support the development of the e-sports industry, including attracting and incubating local e-sports clubs and top-tier e-sports events, thereby improving infrastructure [6][7] - The report highlights Chengdu's focus on attracting large international e-sports events and strengthening infrastructure and talent acquisition, creating a complete industry chain with significant growth potential [7] Group 4: Overall Impact - The three case studies reflect Chengdu's continuous evolution in the digital cultural and creative industry and signify a high point in the city's cultural influence and international recognition [7]

Core Insights - Chengdu's digital cultural and creative industry is rapidly reshaping the city's economic landscape, with notable successes like "Honor of Kings" and "Ne Zha" gaining global recognition [1] - The digital cultural sector has become a key competitive arena for cities, prompting various regions to adopt targeted policies to seize opportunities [2] Industry Overview - In the first three quarters of 2025, cultural enterprises in China achieved a revenue of 1,095.89 billion yuan, marking a 7.9% year-on-year increase [4] - Among these, 16 sub-sectors characterized by new cultural formats generated 488.60 billion yuan, growing by 14.1%, outpacing the overall growth of cultural enterprises by 6.2 percentage points [4] - The core of industry competition is shifting towards the integration of culture and technology, emphasizing IP effects and ecosystem development [5] Policy Analysis - Major cities like Beijing, Shanghai, and Hangzhou are adopting a "precision drip irrigation" policy model to foster the digital cultural industry [5] - A common "policy toolbox" has emerged, focusing on identifying key sectors, building platforms, and activating ecosystems [8] - Beijing's strategy emphasizes technological innovation, while Shanghai focuses on creating an efficient, open industrial ecosystem, and Hangzhou aims for deep vertical integration in specific sectors [13][15][16] Economic Impact - The total profit of cultural enterprises reached 90.93 billion yuan, reflecting a 14.2% increase [4] - The total assets of these enterprises amounted to 2,242.27 billion yuan, showing an 8.4% growth [4] Strategic Directions - Cities are increasingly defining their unique paths based on their inherent strengths, such as Beijing's focus on technology, Shanghai's role as an international hub, and Hangzhou's commitment to niche markets [13][15][16] - Effective digital cultural policies are seen as amplifiers of a city's unique advantages, enabling them to build competitive barriers that are difficult for other cities to replicate [16]

Core Insights - The animation film "Nezha 2" showcases impressive visual effects, highlighting the capabilities of Chengdu's digital creative industry, particularly from companies like Moxing Tianhe Chengdu Digital Image Technology Co., Ltd. [1] - Chengdu's digital cultural and creative industry is projected to generate significant revenue, with core industry revenue expected to reach 3,819 billion yuan in 2024 and 2,121 billion yuan in the first half of 2025, reflecting a year-on-year growth of 7.3% [3] - The proximity of various digital creative enterprises in Chengdu's Tianfu Long Island Digital Cultural and Creative Park facilitates collaboration and reduces communication costs, enhancing the creative process [5] Industry Development - Chengdu has successfully developed several parks, including Tianfu Long Island Digital Cultural and Creative Park and Chengdu Film City, attracting 11 chain-leading enterprises and 7 listed companies [5] - Financial support for the digital creative industry includes the establishment of a city-level sci-fi industry fund, issuance of copyright asset support notes, and over 13 billion yuan in funding for more than 2,000 projects [5] - The city has launched specialized loan products like "Wenchuang Tong," supporting 963 enterprises with a total loan amount of 5.24 billion yuan [5] Cultural Influence - The relaxed work-life balance in Chengdu, along with its rich traditional cultural heritage, fosters creativity and enhances the quality of content produced by local companies [7] - The growing cultural confidence among the Chinese population and the increasing popularity of "Chinese style" content present significant opportunities for the digital creative industry [7] - Companies are focusing on creating high-quality content with Chinese characteristics, aiming to develop culturally impactful IPs that enrich the spiritual lives of Chinese people [7]

Core Viewpoint - The manufacturing industry is crucial for China's economic foundation and must transition from "Made in China" to "Created in China," emphasizing quality and brand development [1] Group 1: High-Quality Development of Manufacturing - The integration of culture and manufacturing is essential for creating unique manufacturing aesthetics, aligning with the needs of a better life for the people [2] - Cultural empowerment in manufacturing reflects the interconnection between cultural and economic development, revealing the "humanistic code" for high-quality economic growth [2][3] - The rise of emotional consumption demands that products not only be practical but also aesthetically pleasing and culturally rich, setting higher standards for manufacturing [3] Group 2: Cultural Connotations of Manufacturing Competitiveness - Cultural empowerment in manufacturing involves integrating aesthetic principles and emotional experiences into products, enhancing competitiveness [4] - The beauty of design encompasses both macro and micro aesthetics, merging traditional culture with modern design to create innovative products [4] - Craftsmanship reflects the spirit of precision and quality in manufacturing, emphasizing the combination of cultural heritage and technological innovation [5] Group 3: Pathways for Cultural Empowerment in Manufacturing - Cultural empowerment emphasizes the unity of culture and craftsmanship, transitioning manufacturing from mere production to the creation of beauty [7] - Building cultural clusters and enhancing cultural soft power are vital for improving the international competitiveness of manufacturing industries [7][8] - The transformation of industrial cities into centers of innovation and brand creation is driven by the pursuit of manufacturing beauty [8] Group 4: Promoting Cultural Spirit - The spirit of craftsmanship, characterized by a commitment to quality and cultural values, is essential for the manufacturing sector [9] - The collective image of modern Chinese entrepreneurs reflects a dedication to quality and innovation, contributing to the aesthetic evolution of "Made in China" [9] - Cultural empowerment fosters the integration of people, products, cities, and culture, enhancing the overall quality of industrial civilization [9]

Group 1 - The 2025 China-Japan-Korea (Chengdu) SME Economic and Trade Exchange Conference will be held on October 30-31, 2025, serving as an important platform for deepening economic and trade cooperation among SMEs from China, Japan, and South Korea [1] - The conference adopts a "1+N" IP model, featuring one main conference and seven sub-forums, covering key topics such as "Enterprise Going Global Strategies," "Biomedicine," "Digital Cultural Creation," "Specialized and Innovative," "Vocational Education," "Smart Home," and "Digital Technology" [3] - A 2,000 square meter exhibition area for "Specialized and Innovative SMEs from China, Japan, and South Korea" will showcase over 100 innovative products from six sectors, including equipment manufacturing, information technology, and healthcare, facilitating direct connections for Chengdu products to enter overseas markets [3] Group 2 - Multiple projects were signed during the conference, focusing on key areas such as new energy and digital cultural creation, with a total contract value of 600 million yuan [3] - The Chengdu SME Association aims to create a one-stop service platform for enterprises going global by integrating resources from economic and trade institutions and international chambers of commerce from China, Japan, and South Korea [4] - Future plans include deepening regular cooperation with Japanese and Korean business associations and establishing a cross-border service network covering the RCEP region to support Chengdu products and businesses in reaching global markets [4]

Core Viewpoint - The 2025 China-Japan-Korea (Chengdu) SME Economic and Trade Exchange Conference and the Western SME Development Conference were held in Chengdu, focusing on industrial collaboration and the internationalization needs of SMEs in the western region, attracting nearly a thousand participants from trade promotion organizations and related enterprises [1][2]. Group 1: Event Overview - The conference featured various activities such as park inspections, "1+N" IP models, project roadshows, and precise matching negotiations, aimed at deepening exchanges on cross-border trade, industrial collaboration, and technological innovation [1][2]. - Projects signed during the conference included Chengdu Tengfei Electric Grid's independent energy storage station and Linglong City’s light and shadow game theater, covering key areas like new energy and digital cultural creation, with a total amount of 600 million yuan [1]. Group 2: Exhibition and Participation - A specialized exhibition of 2,000 square meters showcased over 100 innovative products from SMEs in six sectors, including equipment manufacturing, information technology, and digital cultural creation, facilitating direct connections for "Chengdu-made" products to enter overseas markets [2]. - The event has successfully held three sessions of the China-Japan-Korea SME Economic and Trade Exchange Conference and eleven sessions of the Western SME Development Conference, achieving significant results in deepening cooperation and promoting enterprise development [2]. Group 3: Future Plans and Strategic Cooperation - The Chengdu SME Association plans to deepen regular cooperation with Japan and South Korea's business associations, aiming to create an accelerated plan for "specialized, refined, distinctive, and innovative" enterprises to go global, leveraging Chengdu's international strategy and cross-border service network [2][3].