此外，盛秋平表示，将进一步拓展服务贸易国际合作网络，创新合作方式，深化合作领域，推动更多务 实合作成果，与各方共同用好服贸会、进博会、数博会等各项平台，为各界企业开展经贸合作提供更优 质的国际公共产品。 盛秋平表示，将持续优化发展环境，充分发挥自贸试验区、海南自贸港、服务业扩大开放综合试点示范 省市先行先试和压力测试的作用，深化与国际高标准经贸规则对接和规则协调，实施好《服务贸易国内 规制参考文件》，打造透明、稳定、可预期的制度环境，建设国家服务贸易创新发展示范区，打造服务 贸易综合改革开放平台和高质量发展高地。 商务部副部长盛秋平9月11日在2025年中国国际服务贸易交易会服务贸易发展论坛上表示，商务部将建 立健全跨境服务贸易负面清单管理制度，推动扩大电信、医疗领域开放试点，稳妥有序扩大教育、文化 领域自主开放。积极推进加入《全面与进步跨太平洋伙伴关系协定》与《数字经济伙伴关系协定》的进 程，商签更多高标准经贸规则，促进服务贸易更高水平开放。 ...

Group 1: Overview of UK-China Economic Cooperation - The UK is the second largest direct investment destination for China in Europe and the third largest source of foreign investment for China in Europe [1] - The total trade volume between China and the UK has exceeded $130 billion in 2024, with an average daily trade amount of $360 million [1] - As of July 2025, the UK has made actual investments exceeding $35 billion in China, while China's direct investment stock in the UK has surpassed $32 billion [1] Group 2: Trade and Investment Dynamics - The trade cooperation between China and the UK covers a wide range of sectors, including machinery, electronics, new energy vehicles, textiles, education, insurance, finance, and consulting [1] - The UK has over 13,000 enterprises established in China, indicating a strong presence in the Chinese market [1] - The UK is actively participating in major trade exhibitions in China to expand cooperation opportunities [2] Group 3: Future Cooperation Potential - The UK government’s modern industrial strategy aligns well with China's priority areas, particularly in clean energy, financial services, creative industries, life sciences, and professional services [6] - The sports industry, particularly the English Premier League, represents a significant service trade sector between the two countries, with a large fan base in China [6] - UK companies can leverage China's innovation ecosystem, as many UK unicorns are concentrated in technology [7] Group 4: Strategic Insights - UK businesses are advised to focus on partnerships that best serve their goals and interests in the context of global trade tensions [8] - Confidence in the Chinese market among UK enterprises is expected to increase due to China's rapid economic growth and technological innovation [9] - The UK-China Trade Association aims to support UK companies in China while also facilitating Chinese companies' entry into the UK market [10]

Group 1: Price Data Overview - The August price data from the National Bureau of Statistics shows significant structural differentiation, with a slight year-on-year decline in CPI, but positive signals regarding economic transformation and structural optimization are evident [1][4] - CPI decreased by 0.4% year-on-year, primarily due to last year's high base and lower seasonal food prices, with food prices dropping by 4.3% year-on-year [1][2] - The decline in food prices reflects the strengthening of domestic agricultural supply capabilities, indicating support from the supply side rather than a contraction in demand [1] Group 2: Core CPI and Consumer Demand - The core CPI, excluding food and energy prices, rose by 0.9% year-on-year, marking the fourth consecutive month of growth, indicating a steady recovery in domestic consumption demand [2] - Service consumption, particularly in healthcare, education, and tourism, has shown significant price increases, contributing to the core CPI's rise [2] - Upgraded consumption remains robust, with notable price increases in gold and platinum jewelry, as well as household appliances, reflecting a growing pursuit of high-quality living among consumers [2] Group 3: Industrial Price Trends - Industrial prices are showing positive changes, with PPI stabilizing after eight months of decline, and the year-on-year decline narrowing by 0.7 percentage points [3] - The structural improvement in industrial prices indicates a marginal improvement in supply-demand relationships within certain industries, alongside ongoing optimization of industrial structure and growth of new drivers [3] - Key industry capacity governance measures are yielding results, leading to price increases in traditional raw material sectors like coal and steel, while new drivers are enhancing prices in high-tech and green industries [3] Group 4: Policy Implications and Future Outlook - Current price data reflects a significant structural characteristic of "supply optimization in traditional sectors and demand expansion in emerging sectors," highlighting the accelerated transition of China's economic drivers [4] - Macro policies need to remain precise and patient, ensuring stable supply and prices for essential goods while enhancing the internal driving force through improved consumption environments and high-quality supply [4] - Continued support for consumption and the construction of a unified national market are expected to promote steady recovery in consumer demand and stabilize low CPI levels, while industrial price recovery is anticipated to continue [4]

Group 1 - The August price data from the National Bureau of Statistics shows significant structural differentiation, with a slight year-on-year decline in CPI, but positive signals regarding economic transformation and structural optimization are evident [1][4] - The CPI decreased by 0.4% year-on-year, primarily due to a high base from the previous year and lower seasonal food prices, with food prices dropping by 4.3% year-on-year [1][2] - Non-food prices are showing a continuous recovery, with the core CPI (excluding food and energy) rising by 0.9% year-on-year, indicating a steady recovery in domestic consumption demand [2][3] Group 2 - Industrial prices are showing positive changes, with PPI turning stable after eight months of decline, and the year-on-year decline narrowing by 0.7 percentage points, signaling improved industrial economic stability [3][4] - The structural improvement in industrial prices reflects better supply-demand relationships in certain sectors and ongoing optimization of industrial structure, with traditional industries like coal and steel seeing price increases [3][4] - The ongoing expansion of new demand in emerging sectors is driving price increases in high-tech and green industries, indicating a shift towards higher value-added products [3][4]

Group 1 - The core viewpoint of the article highlights Hong Kong's significant improvement in the "2025 World Talent Ranking," moving from ninth to fourth place globally, marking its highest ranking ever and establishing it as the leader in Asia [1] - Hong Kong's talent competitiveness factors have all increased for the second consecutive year, with "attractiveness" rising to 20th, "readiness" to 3rd, and "investment and development" to 12th [1] - The percentage of science graduates in Hong Kong remains the highest globally, while financial skills rank third and management compensation and education effectiveness both rank fifth worldwide [1] Group 2 - The Hong Kong government emphasizes the critical role of talent and has announced the establishment of an Education, Technology, and Talent Committee in the 2024 policy report to promote talent development and attract international high-end talent [2] - The "Shenzhen-Hong Kong-Guangzhou" innovation cluster has ranked first globally in the "2025 Global Innovation Index," showcasing the international recognition of the Guangdong-Hong Kong-Macao Greater Bay Area in innovation and technology [2] - As of the end of August this year, over 520,000 applications have been received for various talent input programs, with more than 350,000 approved, and over 230,000 talents have entered Hong Kong through these programs [2]

Group 1 - The 2025 China International Service Trade Fair (CIFTIS) opened on September 10, showcasing a vibrant array of international participation and innovative technologies [1][3] - In the first half of the year, China's service trade import and export totaled 3.9 trillion yuan, marking an 8% year-on-year increase, the highest for the same period in history [1] - The fair features over 2,000 enterprises, including nearly 500 Fortune 500 companies, with an international participation rate exceeding 20% [4] Group 2 - Australia is the guest country for this year's fair, with nearly 60 institutions and enterprises participating, highlighting the strength of China-Australia cooperation [3][4] - Norway's participation includes a focus on sustainable aquaculture, with a company preparing to enter the Chinese market with Atlantic salmon products [4][5] - Johnson & Johnson has introduced 40 innovative drugs to the Chinese market, with 32 included in the national medical insurance, emphasizing the company's commitment to patient-centered healthcare [5][6] Group 3 - The fair features advanced healthcare technologies, including robotic applications in surgery, which significantly enhance operational precision and patient safety [8] - The education service section showcases AI-driven educational tools, attracting interest from educators and industry professionals [10] - A total of 113 enterprises are set to launch 198 new products and achievements during the fair, indicating a strong focus on innovation and collaboration in the service trade sector [10]

央视网消息（新闻联播）：在第41个教师节之际，中央宣传部、教育部向全社会公开发布2025年"最美教师"。丁美珍、马琼、水柏年、邓宗全、古桑曲 珍、任明杰、刘玉忠、刘益春、杨洋、肖惠文、邵瑜、欧阳陵江、郑万众、孟庆阳、胡嵘苹、钟义信、侯纯广、姜德生、秦春娟、秦宣、黄俊琼、廖红、翟 婉明、薄宜勇等24名同志和保定学院毕业生赴疆任教群体代表光荣入选。他们牢记为党育人、为国育才的初心使命，以实际行动落实立德树人根本任务。他 们的先进事迹，生动体现了新时代人民教师的良好精神风貌和强烈责任担当。 7 CCTV TB n 7 4 st 新闻 天播 XINWEN LIANBO ...

Core Viewpoint - The article emphasizes the importance of reducing the negative lists for service trade to promote institutional openness and enhance the potential of service trade in China, with a projected total service trade import and export volume exceeding 7.5 trillion yuan in 2024, marking a 14.4% year-on-year growth and crossing the $1 trillion mark for the first time [1][2]. Group 1: Service Trade Negative Lists - The three main negative lists for service trade include the Market Access Negative List (2025 version), the Foreign Investment Access Negative List (2024 version), and the Cross-Border Service Trade Negative List (2024 version) [2]. - The number of items in the Market Access Negative List has been reduced from 117 in 2022 to 106, while the Foreign Investment Access Negative List has decreased from 31 to 29 restrictions, achieving a "zero" breakthrough in manufacturing sector openness to foreign investment [3]. - The Cross-Border Service Negative List currently has 71 items in the national version and 68 in the free trade zone version, indicating a continuous reduction in restrictions and a signal of reform in key service industries such as finance, healthcare, and the internet [3]. Group 2: Two-List Connection - The exploration of the "two-list connection" aims to unify the Market Access Negative List and the Foreign Investment Access Negative List, creating a single access list for foreign investment, which will streamline the approval process and reduce compliance costs for foreign enterprises [4]. - This connection is expected to enhance market transparency, stability, and fair competition, aligning with international high-standard trade agreements such as the CPTPP and DEPA [4][5]. Group 3: Role of Free Trade Zones - Free trade zones, such as those in Shanghai and Hainan, are positioned as experimental grounds for institutional innovation, allowing for the gradual relaxation of market access restrictions in key service sectors [5]. - The implementation of national treatment for foreign enterprises is crucial for ensuring that they not only enter the market but also thrive and develop sustainably [5]. Group 4: Optimization of Cross-Border Service Trade - The optimization of the Cross-Border Service Negative List is seen as a critical breakthrough for institutional openness in service trade, with plans to further reduce restrictions on cross-border provision, overseas consumption, and the movement of natural persons [7]. - The upcoming regulations allowing foreign personnel to stay for 30 days in designated business cooperation zones represent a significant step in easing restrictions on natural person movement [7]. Group 5: Future Directions - There is a proposal to align the Cross-Border Service Negative List with the other two lists, potentially leading to a "three-list integration" that would create a unified management system for all market participants [8]. - The gradual transition from "three lists in parallel" to "two lists connection" and eventually to "three lists integration" reflects China's commitment to advancing institutional openness and enhancing the international competitiveness of its service sector [8].

Market Overview - The education sector increased by 0.61% on September 10, with Kevin Education leading the gains [1] - The Shanghai Composite Index closed at 3812.22, up 0.13%, while the Shenzhen Component Index closed at 12557.68, up 0.38% [1] Individual Stock Performance - Kevin Education (002659) closed at 5.97, up 4.55% with a trading volume of 375,300 shares and a turnover of 223 million yuan [1] - China High-Tech (600730) closed at 11.11, up 3.54% with a trading volume of 469,600 shares and a turnover of 513 million yuan [1] - Other notable performers include Bo Rui Chuan Bo (600880) up 2.24%, and Ke De Education (300192) up 2.19% [1] Capital Flow Analysis - The education sector saw a net inflow of 45.68 million yuan from institutional investors, while retail investors experienced a net inflow of 11.59 million yuan [2] - Speculative funds had a net outflow of 57.27 million yuan [2] Detailed Capital Flow for Selected Stocks - Zhong Gong Education (002607) had a net inflow of 77.87 million yuan from institutional investors, but a net outflow of 44.05 million yuan from speculative funds [3] - Kevin Education (002659) experienced a net inflow of 6.66 million yuan from institutional investors, with a net outflow of 9.33 million yuan from speculative funds [3] - Other stocks like Guo Mai Technology (002093) and Bo Rui Chuan Bo (600880) also showed mixed capital flows with varying degrees of net inflows and outflows [3]

Summary of Conference Call Notes Industry Overview - The focus is on the service consumption sector, particularly in the context of technological advancements and government policies aimed at enhancing service consumption in China [1][2][12]. Key Points and Arguments 1. **Current Consumption Constraints**: Consumer spending is currently limited by residents' income, but local government efforts in service consumption may yield unexpected positive effects, especially through AI, openness, and financial support [1][2]. 2. **Upcoming Policy Framework**: A new policy framework expected in September is likely to continue the approach outlined in the "Opinions on Promoting High-Quality Development of Service Consumption," covering sectors like housekeeping, elderly care, cultural tourism, and sports [1][3]. 3. **Integration of Technology and Service Consumption**: Future trends in service consumption will increasingly integrate technology and openness, with digitalization, intelligence, and sustainability as key directions [1][5]. 4. **Investment Opportunities**: Notable investment opportunities include AI-enabled education and human resources sectors, as well as companies involved in robotics applications [3][13]. 5. **International Experience**: China can learn from Japan and South Korea's experiences in promoting service consumption through supply-side improvements, such as supporting anime expos and embedding consumption scenarios in convenience stores [11][12]. Additional Important Insights 1. **Technological Innovations**: The emergence of new consumer experiences through technology is evident, such as the opening of the world's first robot 6S store in Shenzhen, showcasing life robots and enhancing consumer engagement [5][6]. 2. **Hainan's Unique Position**: Hainan has advantages in special medical services and cross-border data flow, allowing new drugs to enter the Chinese market first and facilitating data processing for gaming exports [8][9]. 3. **Government Initiatives**: Recent government policies emphasize the importance of service consumption, with various ministries highlighting the need to expand service consumption and develop new consumption models [12][14]. 4. **Long-term Economic Impact**: Service-oriented policies are expected to have a long-term impact on economic development, shifting focus from goods to services as consumer demand evolves [14][17]. 5. **Youth Consumption Trends**: Local governments are responding to changing consumption habits among young people by implementing policies to stimulate sectors like entertainment, dining, and tourism [18][19]. Conclusion The service consumption sector in China is poised for significant growth driven by technological integration, government support, and international best practices. Investors should focus on sectors that leverage AI and robotics, as well as those that cater to the evolving preferences of younger consumers.