Core Insights - The central enterprises in China are undergoing significant reforms and development strategies as highlighted by the State-owned Assets Supervision and Administration Commission (SASAC) [1] Group 1: Economic Performance - In the first eleven months of the year, central enterprises achieved a value-added of 9.5 trillion yuan, representing a year-on-year growth of 1.4% [2] - The annualized labor productivity reached 811,000 yuan per person, with a year-on-year increase of 3% [2] - Fixed asset investment (excluding real estate) by central enterprises amounted to 3.3 trillion yuan, showing a year-on-year growth of 0.7% [2] Group 2: Strategic Initiatives - Central enterprises are encouraged to explore various big data and industry models to capture potential market demands and innovate product and service quality [2] - The focus will be on internal potential mining, comprehensive budget management, and cost control across all aspects of operations [2] - The restructuring and optimization of layouts are essential for fostering new growth drivers, with significant mergers and acquisitions planned [3][4] Group 3: Technological Innovation - Emphasis on integrating technological and industrial innovation to enhance new productive forces [5] - Plans to establish national key laboratories and undertake major national science and technology projects to drive organized innovation [6] - In the first eleven months, central enterprises invested 890.16 billion yuan in R&D, with an R&D intensity of 2.62% [6]

Group 1 - The core viewpoint emphasizes the steady growth and positive trajectory of Shandong's economy, with key indicators showing resilience and improvement [1][2] - In the first eleven months, the province's industrial added value increased by 7.7%, retail sales of consumer goods grew by 5.2%, and foreign trade rose by 4.6% [1] - Shandong is set to become the third province in China and the first in the north to surpass a GDP of 10 trillion yuan, marking significant economic milestones [1] Group 2 - The "six musts" outlined in the Central Economic Work Conference are crucial for guiding Shandong's economic development, focusing on policy support, innovation, and leveraging local advantages [2][3] - The province aims to enhance its economic structure by addressing long-standing issues while also adapting to new challenges, indicating a dual focus on stability and progress [3][4] - The emphasis on "stability" includes maintaining employment, businesses, markets, and expectations, while "progress" involves implementing key industrial projects and fostering new growth drivers [4][5] Group 3 - The service sector is identified as a key engine for economic growth and job creation, with a reported 5.3% increase in revenue from the service industry in the first ten months of the year [5][6] - Despite the growth in the service sector, challenges remain regarding its overall size and quality, prompting calls for targeted strategies to enhance its development [6] - The focus on specific industries, such as wholesale and retail, finance, and transportation, highlights the need for tailored policies to boost service sector performance [6]

持续扩大内需、优化供给，做优增量、盘活存量，因地制宜发展新质生产力，深度融入和服务全国统一 大市场建设，持续防范化解重点领域风险，着力稳就业、稳企业、稳市场、稳预期……省委经济工作会 议明确了明年河南经济工作的总体要求、政策取向和重点任务。 "省委经济工作会议是一次把握大势、谋篇布局的大会，必将有力推动全省上下统一思想、振奋精神、 锐意进取、担当作为，齐心协力推动高质量发展。"省司法厅党委书记、厅长贺振华说，下一步，省司 法厅将聚焦"1+2+4+N"目标任务体系，从立法、执法、司法、守法普法、涉外法治各环节协同发力，扛 牢法治建设主责，持续深化全面依法治省；推出更多原创性、特色性立法，不断健全营商环境法规规章 制度体系；推进严格执法，积极融入服务全国统一大市场建设，巩固深化规范涉企行政执法专项行动成 果；加快律师强省建设，提升涉企公共法律服务质效，打造中部地区涉外法律服务新高地；深化平安建 设，在更高层次、更广领域融入参与高质量发展、高效能治理，为推动经济实现质的有效提升和量的合 理增长、实现"十五五"良好开局、奋力谱写中原大地推进中国式现代化新篇章贡献司法行政力量。 会议期间，部分与会同志接受记者采访时表示 ...

二是支持外资研发中心落户。对于2025—2027年间，经深圳市外资主管部门会同科技主管部门认定的外 资研发中心，每家给予最高100万元一次性奖励，其中属于跨国公司全球研发中心且上一年度新增实际 外资金额合计达1000万美元及以上的，再叠加给予最高500万元一次性奖励，合计给予最高600万元一次 性奖励。各区可结合实际制定配套支持政策。 除新增措施外，《实施办法》从推动重点领域开放、优化营商环境、提高投资便利化、加大资金支持力 度、完善外商投资促进机制等维度，构建了全方位的政策支持体系。 12月23日，《深圳市进一步加大吸引和利用外资实施办法》（深府规〔2025〕10号）（以下简称《实施 办法》）正式印发，并将于2026年1月1日起施行，有效期三年。《实施办法》共包含五个方面22条措 施，旨在更大力度推进深圳高水平对外开放，加快建设更具全球影响力的经济中心城市和现代化国际大 都市。 记者梳理发现，对比2024年6月发布的《深圳市进一步加大吸引和利用外资实施办法》，此次新增2条奖 补措施，即《实施办法》第17、18条，其他条款基本不变。在延续既有支持力度的基础上，新办法强化 了重奖高端总部项目和外资研发中心的落户 ...

Group 1: China-Thailand Economic Cooperation - China is promoting high-quality development, focusing on new productive forces in key areas such as biotechnology, new energy, and artificial intelligence, which aligns with Thailand's "Industry 4.0" strategy, laying a foundation for cooperation between the two countries [1] - In the first half of this year, the bilateral trade volume between China and Thailand reached $76.1 billion, a year-on-year increase of 17%, with China being Thailand's largest trading partner for 12 consecutive years [1] - Thailand's King Vajiralongkorn's state visit to China in November marks a milestone in bilateral relations, coinciding with the 50th anniversary of diplomatic relations [1] Group 2: Thai Investment in China - Thai companies have a long history of investment in China, with Charoen Pokphand Group being the first foreign enterprise to enter China post-reform, currently operating over 600 enterprises in China with direct investments ranging from 120 billion to 180 billion RMB [2] - Thai investments in China are concentrated across various provinces and sectors, evolving from traditional industries like agriculture to high-tech and quality sectors such as food processing, services, finance, logistics, and bioenergy [2] Group 3: Investment Environment in China - The Chinese government is continuously optimizing the investment environment, promoting high-level opening-up and deepening reforms, which includes establishing free trade zones and reducing negative lists for foreign investment [3] - The recently announced "14th Five-Year Plan" emphasizes expanding domestic demand and innovation, which will create new opportunities for international investors, including those from Thailand [3][4] Group 4: Chinese Investment in Thailand - Chinese enterprises are accelerating investments in Thailand, focusing on emerging industries such as new energy vehicles, digital infrastructure, new materials, and biotechnology, aligning with Thailand's industrial strategies [5] - Thailand is enhancing its infrastructure and workforce skills to better accommodate foreign investments, recognizing the importance of a robust ecosystem for attracting investment [5] Group 5: Social Acceptance of Chinese Investment in Thailand - There is a general positive sentiment towards Chinese investment in Thailand, with approximately 20% to 30% of the population having Chinese ancestry, leading to a welcoming attitude towards Chinese enterprises [6] - The cooperation between China and Thailand is mutually beneficial, with Thailand gaining from investments, domestic market growth, and export activities, fostering a win-win situation [6] Group 6: Trade Challenges and Opportunities - In the face of international trade uncertainties, strengthening bilateral ties is crucial for both countries, as highlighted by the recent royal visit from Thailand to China [7] - Thailand can serve as a reliable partner for Chinese enterprises, helping them export products to broader international markets, thus mitigating risks associated with trade challenges [7][8]

Core Insights - The financing matchmaking event for private enterprises was held in Fuzhou, organized by various provincial financial and economic authorities, with over 100 participants from private enterprises and financial institutions [1] Group 1: Financing Agreements - 16 private enterprises signed financing cooperation agreements with 8 municipal financial institutions, covering areas such as renewable energy development, technology upgrades, and new materials research, with a total financing amount of 755 million yuan [1] - The event facilitated over 100 consultations from enterprises, resulting in more than 30 preliminary financing intentions [1] Group 2: Support for Small and Micro Enterprises - The province is actively implementing a three-tiered support mechanism for small and micro enterprises, having visited 4.44 million small and micro enterprises, with a total credit limit of 1.36 trillion yuan and loans issued amounting to 1.15 trillion yuan [1] - The provincial development and reform commission plans to enhance the financing coordination mechanism and maintain regular communication with private enterprises to promote the effective implementation of supportive policies [1]

Core Viewpoint - During the "14th Five-Year Plan" period, Hebei's capital market has made significant progress in serving the real economy, optimizing industrial structure, and preventing market risks, achieving a remarkable balance of quantity and quality [1] Group 1: Market Expansion and Quality Improvement - Hebei's capital market has embraced the stock issuance registration system reform, leading to a dual breakthrough in direct financing scale and quality [2] - A total of 24 new companies were listed during this period, with 5 on the main board, 1 on the Sci-Tech Innovation Board, 9 on the Growth Enterprise Market, and 9 on the Beijing Stock Exchange, marking a comprehensive coverage of different scales and development stages [2] - By the end of October 2025, the total number of listed companies in Hebei reached 84, a 37.7% increase from the end of the "13th Five-Year Plan" [2] Group 2: Direct Financing and Investment - Over 4,800 billion yuan was raised through direct financing in the capital market, with 172 billion yuan specifically directed towards strategic emerging industries such as new energy vehicles and new materials [3] - Innovative bond varieties like Sci-Tech bonds and green bonds have expanded, with a total outstanding scale exceeding 1,300 billion yuan [3] - Hebei attracted 1,200 private equity projects with an investment of 1,400 billion yuan, reflecting external capital confidence in Hebei's industrial development potential [3] Group 3: Policy Support and Capacity Building - Hebei has established a comprehensive policy support system to facilitate capital and industry integration, including the formation of a provincial enterprise listing leadership group and the issuance of supportive policies [4] - Special actions have been taken to provide targeted training for over 700 enterprises, enhancing their understanding of the listing process [4] - A structured approach has been developed to nurture companies, with 75% of the newly listed companies in strategic emerging industries, raising a total of 170 billion yuan [5][6] Group 4: Quality Enhancement and Corporate Governance - Hebei's capital market has focused on improving the quality of listed companies through various initiatives, including the "Leading Goose" cultivation program and customized services [7] - By the end of October 2025, the total market value of listed companies in Hebei reached 14.3 trillion yuan, a 33.2% increase from the end of the "13th Five-Year Plan" [7] - Hebei has implemented measures to enhance shareholder return concepts, with total cash dividends reaching 95.53 billion yuan from 2021 to 2024, a 33.5% increase compared to the previous period [9] Group 5: Regulatory Framework and Market Ecology - The Hebei Securities Regulatory Bureau has prioritized regulatory enforcement and risk prevention, addressing 30 cases and imposing fines exceeding 1.7 billion yuan during the "14th Five-Year Plan" [10] - A collaborative mechanism with public security and judicial departments has been established to enhance market ecology [10] - Investor protection mechanisms have been improved, including educational initiatives in universities and the establishment of a mediation committee for capital market disputes [10] Group 6: Future Outlook - The "15th Five-Year Plan" period is seen as crucial for enhancing the quality and functionality of the capital market, with a focus on aligning Hebei's strategic advantages with high-quality capital market development [12]

Group 1 - The core viewpoint of the articles highlights the significant advancements in cross-border e-commerce and logistics efficiency in Longnan, Jiangxi, which is enhancing the region's foreign trade capabilities [1][2] - Longnan's foreign trade import and export total reached 4.33 billion yuan in the first ten months of the year, showcasing its role as a key player in China's cross-border e-commerce [1] - The establishment of a cross-border e-commerce industrial park provides one-stop services for customs clearance and logistics, resulting in an average reduction of 50% in shipping time and 33% in logistics costs for foreign trade enterprises [1] Group 2 - Longnan focuses on extending and supplementing its advantageous industries such as electronic information and new materials, while also innovating financial services with an industry fund exceeding 5 billion yuan [2] - The region has developed specialized service platforms, including a testing center for special equipment, which enhances the competitiveness of local high-end manufacturing products in exports [2] - Longnan is implementing a comprehensive strategy combining platforms, channels, environments, and industries to systematically cultivate new competitive advantages in foreign trade [2]

（来源：沈阳日报） 转自：沈阳日报 □沈阳日报、沈报全媒体记者 叶青 12月22日，"聚力十载开放路 创见未来跃新篇"中德（沈阳）高端装备制造产业园（以下简称中德园） 新工业场景发布会在全球工业互联网大会会议中心举办。 展示十年发展成果，释放全新工业场景。一个产业园，能为一个区域、一座城市带来什么？答案写在肩 负国家战略奋进的十年，也写在一张蓝图绘到底的未来。 新质澎湃，释放工业新场景 面向"十五五"，聚力新能源、生物医药等战略性新兴产业，当日，中德园零碳园与沈阳国际生命健康城 两个高能级平台共推出八大类、21个投资合作场景，面向全国乃至全球释放合作"西"引力。 新场景一经发布，立即吸引众多科技型企业、高校及科研院所与高端人才团队的目光，看好的正是其中 蕴藏的风口与机会。 作为国家级绿色工业园区，中德园零碳园将于2027年实现单位能耗碳排放量0.18吨的国家零碳标准。上 新场景涵盖"绿电直连"风电开发、分布式光伏设施、地热资源利用、能碳智慧管理平台、虚拟电厂建 设、零碳标准等多个领域。而园区内汇集4400余家工业企业，背后是设备更新、节能降碳方案等绿色转 型需求的巨大市场。 "依托中德园优越的产业生态和创新政 ...

Core Viewpoint - During the "14th Five-Year Plan" period, Hebei's capital market has made significant progress in serving the real economy, optimizing industrial structure, and preventing market risks, achieving a remarkable increase in both quantity and quality [1] Group 1: Market Expansion and Quality Improvement - Hebei's capital market has embraced the stock issuance registration system reform, leading to a dual breakthrough in direct financing scale and quality [2] - A total of 24 new companies were listed during this period, with a diverse representation across various boards, including 5 on the main board, 1 on the Sci-Tech Innovation Board, 9 on the Growth Enterprise Market, and 9 on the Beijing Stock Exchange [2] - By the end of October 2025, the total number of listed companies in Hebei reached 84, a 37.7% increase from the end of the "13th Five-Year Plan" [2] Group 2: Direct Financing and Investment - Over 4,800 billion yuan was raised through direct financing in the capital market, with 172 billion yuan specifically directed towards strategic emerging industries such as new energy vehicles and new materials [3] - Innovative bond products like Sci-Tech bonds and green bonds have expanded, with a total outstanding scale exceeding 1,300 billion yuan [3] - The public infrastructure securities investment funds have successfully raised 10.2 billion yuan through the issuance of REITs [3] Group 3: Policy Support and Capacity Building - Hebei has established a comprehensive support system for companies aiming to go public, including the formation of a provincial enterprise listing leadership group and the issuance of supportive policies [4] - Special actions have been taken to provide targeted training for over 700 enterprises, enhancing their understanding of the listing process [4] - A structured approach to nurturing companies has been implemented, with 75% of the newly listed companies in strategic emerging industries [5][6] Group 4: Quality Enhancement and Corporate Governance - The focus on improving the quality of listed companies has been emphasized through initiatives like the "Leading Goose" program, which supports top companies in stabilizing and growing their operations [7] - By the end of October 2025, the total market value of Hebei's 84 listed companies reached 14.3 trillion yuan, a 33.2% increase from the end of the "13th Five-Year Plan" [7] - Hebei has actively encouraged companies to adopt market value management practices, with 14 companies receiving stock repurchase loan support [8] Group 5: Regulatory Framework and Risk Management - The Hebei Securities Regulatory Bureau has prioritized regulatory enforcement and risk prevention, addressing 30 cases and imposing fines exceeding 1.7 billion yuan during the "14th Five-Year Plan" [9] - A collaborative mechanism with law enforcement has been established to enhance market integrity and investor protection [9] - Continuous efforts have been made to improve investor education and establish effective complaint resolution channels [9] Group 6: Future Outlook - The "15th Five-Year Plan" period is seen as crucial for enhancing the quality and functionality of the capital market, with a focus on aligning Hebei's strategic advantages with high-quality development [10][11] - The plan includes fostering a high-quality group of listed companies and enhancing the effectiveness of regulatory enforcement [11]