Group 1: Small and Medium Enterprises (SMEs) - The overall economic operation of SMEs in China has remained stable in the first eight months of the year, with significant improvement in innovation vitality [1] - The added value of industrial SMEs above designated size increased by 7.6% year-on-year, outpacing large enterprises by 3.3 percentage points [1] - Specialized and innovative SMEs, referred to as "little giants," saw an 8.7% year-on-year increase in added value [1] - The export index for SMEs stood at 51.9% in August, indicating continuous expansion for 17 months [1] Group 2: Logistics and Warehousing - The China Logistics and Purchasing Federation reported a rise in the warehousing index to 49.6% in September, up 0.3 percentage points from the previous month [5] - The new orders index returned to the expansion zone, reflecting increased demand for warehousing services as seasonal factors improved [5] - Various sectors, including non-ferrous metals, mineral products, and pharmaceuticals, showed new orders in the expansion zone [5] Group 3: International Air Cargo - In September, 17 new international air cargo routes were opened, contributing to a total of 169 routes established in the first nine months of the year [6] - The route structure includes 81 routes to Asia, 66 to Europe, 15 to North America, 3 to Oceania, 2 to South America, and 2 to Africa [6] - The cargo structure primarily consists of cross-border e-commerce goods, high-end manufacturing products, high-value goods, auto parts, machinery, and fresh produce [6] Group 4: Payment Transactions and Express Delivery - During the National Day and Mid-Autumn Festival holiday in 2025, UnionPay and NetLink processed 415.52 billion payment transactions, an increase of 95.23 billion compared to the previous year [9] - The total transaction amount reached 13.26 trillion yuan, up by 1.86 trillion yuan from the last holiday [9] - The postal express industry handled 72.31 billion packages during the same holiday period, averaging over 9 billion packages per day [13] - Express companies are actively exploring new scenarios combining express delivery with cultural tourism to convert travel flow into consumption growth [13]

Core Insights - The International Air Transport Association (IATA) reported a 4.1% year-on-year increase in global air freight demand for August 2025, with international demand growing by 5.1% [1] - Air freight capacity also saw a year-on-year increase of 3.7%, with international capacity rising by 5.5% [1] Global Market Overview - Global air freight demand (measured in cargo tonne-kilometers, CTK) increased by 4.1% compared to August 2024, while available cargo tonne-kilometers (ACTK) rose by 3.7% [1] - The overall load factor increased by 0.2 percentage points to 44.2% [1] Regional Performance - Africa: Air freight demand grew by 11.0%, the strongest among all regions, with capacity increasing by 12.3% [8] - Asia-Pacific: Demand increased by 9.8%, with capacity up by 6.9% [4] - Europe: Demand rose by 3.2%, and capacity increased by 4.2% [5] - Middle East: Demand grew by 2.7%, with capacity up by 4.3% [6] - Latin America: Demand increased by 2.1%, and capacity rose by 5.0% [7] - North America: Demand decreased by 2.1%, the slowest growth among all regions, with capacity down by 1.0% [4] Trade Lane Analysis - The majority of major trade lanes experienced significant growth in air freight volumes, particularly Europe-Asia and intra-Asia, which saw strong double-digit growth [8] - Asia-North America experienced a decline of 2.2%, marking four consecutive months of decrease [9] - Europe-Asia continued to grow for 30 months, with a year-on-year increase of 13.0% [9] - Middle East-Asia saw a growth of 7.8%, continuing for six months [9] - Intra-Asia recorded a growth of 12.4%, maintaining a 22-month growth streak [9]

Core Insights - Huahu Airport, Asia's largest professional cargo airport, achieved a record cargo throughput of over 14,000 tons during the National Day and Mid-Autumn Festival holiday, with international cargo exceeding 7,600 tons [1] - The airport has rapidly expanded its international flight network, now offering 48 international routes and increasing international cargo flights by 124% year-on-year, reaching 9,026 flights this year [2] - The airport's efficient logistics have significantly impacted local businesses, enabling faster delivery of goods and enhancing the cross-border e-commerce landscape [4][5] Cargo Operations - During the holiday, Huahu Airport operated continuously, with cargo planes taking off and landing almost every three minutes, showcasing its role as a critical node in the global supply chain [1][2] - The airport's logistics capabilities have allowed for quick turnaround times, with goods arriving from various countries and being processed efficiently for distribution [6][7] Economic Impact - The establishment of supporting industrial parks around Huahu Airport has led to increased local employment and business opportunities, with the cross-border e-commerce industry experiencing rapid growth [4][5] - The cross-border e-commerce industrial park has registered 297 companies, with a trade volume of 2.21 billion yuan since its opening [5] Consumer Benefits - The efficient logistics network has enriched local consumers' dining options, with seafood imports doubling during the holiday period, leading to increased sales for local businesses [6][7] - The quick delivery of fresh seafood has set a new standard in the industry, with products reaching consumers within hours of arrival at the airport [6][7]

Group 1: Warehouse Index and Business Activity - In September, China's warehouse index rose to 49.6%, an increase of 0.3 percentage points from the previous month, indicating a slight recovery in warehouse business activities [3][5] - The new orders index reached 51%, up 1.5 percentage points from last month, signaling a strong demand for warehouse services, particularly in non-ferrous metals, mineral products, and pharmaceuticals [5] - The facility utilization rate index stood at 51%, with high utilization rates observed in steel, non-ferrous metals, agricultural products, and cotton [5] Group 2: International Air Cargo Routes - As of September 30, 2025, a total of 169 new international air cargo routes have been opened in China, with 17 routes added in September alone, resulting in over 46 round-trip flights per week [6][9][12] - The route structure includes 81 routes to Asia, 66 to Europe, 15 to North America, 3 to Oceania, 2 to South America, and 2 to Africa [11] Group 3: Software and Information Technology Sector - In the first eight months of 2025, software business revenue reached 96,409 billion yuan, reflecting a year-on-year growth of 12.6%, with total profits increasing by 13% [16] - Software exports amounted to 404.4 billion USD, showing a growth of 6.4% [16] - The software product revenue accounted for 21.9% of the total industry revenue, while information technology services contributed nearly 70% [18] Group 4: Small and Medium Enterprises (SMEs) - In the first eight months of 2025, the added value of industrial SMEs grew by 7.6%, outpacing large enterprises by 3.3 percentage points, particularly in specialized and innovative SMEs [21] - The export index for SMEs was 51.9% in August, indicating continuous expansion for 17 months [23] - SMEs are increasingly focusing on innovation, with R&D expenses for specialized "little giant" enterprises accounting for 5.4% of their revenue [25]

新华社武汉10月9日电 题：我国首个专业货运枢纽机场加快连接全球 新华社记者王自宸 随着货运枢纽能级的不断提升，鄂州市积极推动"产业集群+物流枢纽"协同发展，以机场带动物 流，以物流集聚产业。 走进中国（鄂州）跨境电商产业园直播中心，外籍主播阿布正通过海外电商直播平台进行"带货"。 记者注意到，阿布除了英语流利，还会根据观众的预算和需求来推荐性价比高的产品，因而受到欢迎。 园区相关负责人毕微说，园区出台了一系列政策，支持企业通过"保税仓+直播""体验店+直播"等模 式创新，大力发展跨境电商产业，园区自今年4月30日正式运营以来，已注册签约企业近300家。 与此同时，花湖机场方面紧跟国内外市场需求，积极布局异地城市货站，打通商贸物流"最后一公 里"。目前，已在东莞、无锡、贵阳等地建立7个异地货站，实现了中国制造直达海外市场。 鄂州市委常委、常务副市长张权表示，未来，鄂州将从做强国际大枢纽、做优开放大平台、做实临 空大产业等方面着手，进一步打造国际一流营商环境，不断扩大花湖机场海外"朋友圈"，让花湖机场成 为中国畅连全球的"重要门户"。 "用电负荷已达16.512万千瓦。"10月9日凌晨2时许，国网湖北省电力有限 ...

《中国民航报》、中国民航网 记者路泞 通讯员李丽、白阳 报道：航空危险品运输因其货物的易燃、易 爆、有毒、腐蚀性等特殊属性，一旦发生泄漏、爆炸等事故，不仅会造成巨大的经济损失，更可能危及 人员生命安全与生态环境，因此危险品管理始终是航空货运领域的重中之重。 在此背景下，近日，西北地区公共航空危险品应急服务中心揭牌仪式在西部机场集团航空物流公司隆重 举行，为我国航空危险品运输安全管理体系搭建起关键的应急保障平台。民航西北管理局、陕西监管 局、西部机场集团、西安机场公司、西北货航、上海化工院检测公司等单位及相关负责人共同见证这一 关乎航空货运安全的重要时刻。 近年来，随着我国航空货运业的快速发展，危险品货物航空运输需求持续攀升，其增速已明显高于航空 货邮运输整体增速，以危险品运输为代表的特种货物运输，正逐渐成为拉动航空货运市场增长的新引 擎。然而，在危险品运输规模不断扩大的同时，其安全风险也随之增加，对危险品运输的检测、应急处 置及专业培训能力提出了更高要求。 为切实提升危险品航空运输安全保障能力，有效防范和应对危险品运输过程中的各类突发情况，前不 久，危险品应急服务中心完成建设并具备服务能力。该中心实景展示区域 ...

Core Points - President Xi Jinping congratulated Luxembourg's new Grand Duke Guillaume, highlighting the fruitful cooperation between China and Luxembourg in sectors such as steel, finance, and logistics, particularly emphasizing the role of the Zhengzhou-Luxembourg "Air Silk Road" in stabilizing the China-Europe industrial chain [1] - The Zhengzhou-Luxembourg "Air Silk Road" has seen significant developments, with the number of cargo flights surpassing 10,000, indicating an upgrade in its carrying capacity [2] - The establishment of the Luxembourg Research Center at Henan University of Finance and Economics aims to enhance academic research and policy consultation related to Luxembourg and its surrounding regions, contributing to high-level foreign cooperation for Henan [4] Group 1: Cooperation and Development - The Zhengzhou-Luxembourg "Air Silk Road" is recognized as a mutually beneficial route, with Luxembourg's cargo airline ranking improving from 9th to 5th globally since the start of cooperation [2] - The Zhengzhou Customs has implemented measures to optimize the business environment at the port, enhancing cross-border trade facilitation and supporting the construction of the "Air Silk Road" [3] Group 2: Future Initiatives - The Zhengzhou-Luxembourg "Air Silk Road" will focus on enhancing logistics and cargo infrastructure cooperation, aiming to create an efficient air logistics corridor [2] - The Luxembourg Research Center will prioritize research in areas such as the development of the Luxembourg aviation industry and cross-border financial cooperation, fostering talent with international perspectives [4]

Core Viewpoint - Jinyi Group Holdings (00565.HK) reported a total revenue of approximately HKD 140 million for the year ending June 30, 2025, an increase from HKD 110 million in 2024, and a profit of approximately HKD 39.03 million, recovering from a loss of HKD 27 million in 2024, with earnings per share at HKD 0.0156 [1] Group 1: Financial Performance - The company recorded total revenue of approximately HKD 140 million for the fiscal year ending June 30, 2025, compared to HKD 110 million in 2024, indicating a growth of about 27.27% [1] - The profit for the year was approximately HKD 39.03 million, a significant recovery from a loss of HKD 27 million in the previous year [1] - Earnings per share were reported at HKD 0.0156 [1] Group 2: Property Operations - The company leases an entire shopping center (Zone C) located in Zhengzhou, Henan Province, China, with a lease term expiring no later than 2040 [1] - The shopping center is a five-story commercial complex with a total floor area of approximately 80,118 square meters, including an underground commercial area [1] - As of June 30, 2025, approximately 95 tenants have occupied about 89.6% of the leasable area for retail, dining, and entertainment purposes [1] Group 3: Tenant Composition and Services - The shopping center offers a variety of services and products, including cinemas, KTV, photography studios, bookstores, jewelry stores, beauty shops, electronics stores, car sales, international brand fashion, fitness, lifestyle, leisure clothing, children's areas, educational services, and dining options [1] - Some areas of the shopping center are leased on a short-term basis for pop-up stalls and trendy items [1]

Group 1: E-commerce Innovations - Alibaba's 1688 platform is set to launch the world's first cross-border e-commerce AI agent named "Ao Xia," which will reduce product selection time from days to minutes by using visual recognition and semantic analysis [2] - Taobao is investing 1 billion yuan in marketing subsidies for its Double 11 event, aiming to help 100,000 merchants double their overseas sales, with a focus on 20 countries and regions [2] - Poland's e-commerce market is projected to reach 35.2 billion euros (approximately 294.39 billion yuan) in 2024, with cross-border e-commerce transactions accounting for nearly 20% of total online sales [9] Group 2: Market Expansion and New Store Openings - Bawang Chaji has opened its largest "super tea warehouse" in Hong Kong, marking its seventh store in the region, with plans for more openings in the coming months [3] - Cha Baidao has opened its first store in Paris, achieving nearly 500,000 yuan in sales in its first week, with plans for additional locations [4] - Yadi Group is set to enter the Japanese market with electric two-wheelers priced around 210,000 yen, significantly cheaper than local brands [6] Group 3: Strategic Partnerships and Collaborations - YTO Airlines has partnered with Freightos WebCargo, becoming the first private all-cargo airline in China to join the platform, enhancing digital booking and payment services for over 25,000 freight forwarding companies [5] - ByteDance and Mercedes-Benz have announced a strategic partnership covering various fields, including smart driving and digital marketing [5] - UBTECH and Yunzhihui Technology have signed a global strategic cooperation agreement to promote humanoid robots in China and globally [6] Group 4: Financing and Investment Activities - Xingmai Innovation has completed a 1 billion yuan A+ round of financing to enhance technology development and expand overseas markets, with products now available in 38 countries [7] - Haiguo Tuzhi Research Institute has secured nearly 10 million yuan in angel round financing for its solar energy storage vehicle project, which has already received initial orders in Bangladesh [8] - Resai Intelligent has completed a multi-million Pre-B round financing to expand its 3D printing solutions for dental applications [9]

锦艺集团控股(00565)公布，集团预期取得截至2025年6月30日止年度的公司拥有人应占本年度溢利不少 于3900万港元，相比截至2024年6月30日止年度的公司拥有人应占本年度亏损约2.71亿港元。董事会认 为，预期转亏为盈乃主要由于(i)终止租约及取消确认投资物业的数次一笔过交易的净收益约8900万港 元;(ii)投资物业公平值变动亏损约5600万港元;(iii)议价收购一间附属公司的收益约1100万港元;及(iv)航空 货运包机业务的已终止经营业务本年度亏损约600万港元的净影响。 ...