资本市场还精准赋能产业升级，柳工、北部湾港等企业通过定增、发债等方式完成智能化、数字化转型；广西宏 桂资本发行全国首单糖仓CMBS（商业房地产抵押贷款支持证券），盘活特色糖业资产；多家上市公司布局人工智 能领域，柳钢股份、恒逸石化等则在绿色低碳转型上取得显著成效。 证券时报记者 康殷 "十四五"时期，广西资本市场实现跨越式发展，直接融资规模、上市公司质量、私募基金规模等核心指标均实现 大幅增长，为地方实体经济高质量发展提供了坚实支撑。 2021年至2025年9月末，广西辖区企业直接融资达3008亿元，其中债券融资增幅达38.87%，还落地了全国首单"绿 色科创低碳转型挂钩"公司债等创新产品。新增上市公司5家，形成上市培育良性循环；截至今年三季度末，辖区 上市公司总资产、净资产较"十三五"期末均增长超20%，营业收入累计达1.65万亿元，成为区域经济"压舱石"。 期货市场也实现突破，生猪、氧化铝等广西优势产业期货品种上市，交割库、产融服务基地布局持续优化，"保险 +期货"模式惠及超1万户农户，有效助力特色产业风险管理。 面向"十五五"，广西证监局将聚焦多层次资本市场功能发挥，加大对人工智能、关键金属等领域的融资 ...

从整体情况来看,过去这五年,全市交通运输事业取得了显著的成就。"十四五"规划所确定的15项主要指 标,总体完成状况良好,其中,"县县通高铁"等多项指标均提前完成,且在全省率先完成。预计2025年年底, 全市交通运输项目累计投资总额达到309.01亿元,基础设施建设跃上新的台阶。"市域一体、国内通达、 联通海外"的综合交通运输体系加速构建,交通运输综合能力、服务品质以及治理能力大幅提升,为"精致 城市·幸福威海"建设提供了强有力的支撑与保障。 设施建设协同推进 综合交通网络更加完善 公路建设:截至2024年底,全市公路总里程达到6843.7公里,其中高速公路235.1公里,高速公路占比全省第5, 国省道占比全省第1,普通国省道线网密度全省第2。荣乌高速烟威段建成通车,文双高速稳步推进,高速公 路荣成至牟平段、乳山连接线纳入省综合立体交通网规划,环山快速路二期成功立项并即将开工建设,乳 山口大桥实现顺利合龙,"三横两纵"的高速公路网和"八纵六横一环"普通干线路网加快成型。全市农村 公路总里程达到5503.6公里,农村公路列养率、乡镇通三级以上公路比例全部达到100%,建制村硬化路、 公交车、物流网点实现全覆盖。 ...

Core Viewpoint - The Western Land-Sea New Corridor has achieved significant milestones, with over 5 million TEUs shipped since its inception in 2017, reflecting strong growth momentum and development vitality [1][3]. Group 1: Development and Growth - The corridor has seen a rapid increase in shipping volume, with the time taken to reach each million TEUs decreasing significantly, from over 4 years for the first million to just 240 days for the fifth million [1]. - The average annual growth rate of import and export volume along the corridor has reached 16.9% since 2019 [3]. - In 2023, the corridor has shipped over 130,000 TEUs, with a notable increase in both inbound and outbound shipments, each exceeding a 50% year-on-year growth [8]. Group 2: Infrastructure and Connectivity - The number of scheduled train routes has expanded from 2 in 2019 to 26 by 2025, enhancing connectivity between southwestern cities and various ports [4]. - Continuous investment in infrastructure, including the expansion of ports and the development of multimodal transport networks, has significantly improved logistics capabilities [4][6]. - The establishment of an integrated rail-sea transport operation platform has enhanced real-time resource sharing between ports and rail systems, improving logistics efficiency [8]. Group 3: Economic Impact and Trade Relations - The corridor plays a crucial role in facilitating trade between China and ASEAN, with China maintaining its position as ASEAN's largest trading partner for 16 consecutive years [5]. - The economic growth in the western region and the deepening trade relations with ASEAN are fundamental drivers for the corridor's transition from growth to strong growth [5]. - The total import and export volume through the corridor reached 611.5 billion yuan in the first three quarters of the year, marking a 19.3% increase and contributing 3.4 percentage points to the western region's foreign trade growth [8]. Group 4: Future Prospects - The corridor is expected to further enhance its role in empowering industrial development, aiming to become a cross-regional domestic and international economic corridor [9].

Core Viewpoint - Hong Kong's port cargo throughput in Q3 2025 decreased by 5.6% year-on-year, totaling 41.3 million metric tons, with inbound cargo down 11.0% and outbound cargo up 3.8% [1] Port Cargo - In Q3 2025, the total port cargo included a 6.7% decline in sea freight and a 3.7% decline in river freight, amounting to 25.5 million metric tons and 15.8 million metric tons respectively [2] - For the first nine months of 2025, sea freight and river freight also saw declines of 5.7% and 5.6%, totaling 77.9 million metric tons and 46.9 million metric tons respectively [2] - Major countries with significant inbound cargo changes in Q3 included Thailand (up 12.2%) and Chile (down 49.1%), while Australia (up 53.8%) and the US (down 48.8%) were notable for outbound cargo [2] - In the first nine months, Vietnam (down 26.2%) and South Korea (down 25.4%) had significant declines in inbound cargo, while Australia (up 35.7%) and mainland China (up 11.9%) showed strong growth in outbound cargo [3] Cargo Types - In Q3 2025, notable inbound cargo changes included "metal ores and metal waste" (up 14.7%) and "coal, coke, and coal balls" (down 13.6%), while outbound cargo saw "stone, sand, and gravel" increase by 100.2% [3][4] - For the first nine months, "metal ores and metal waste" increased by 22.4% inbound, while "stone, sand, and gravel" decreased by 31.8% outbound [4] Container Handling - In Q3 2025, Hong Kong's ports handled 3.1 million standard containers, a decrease of 9.1% year-on-year, with loaded and empty containers down 8.8% and 10.1% respectively [5] - For the first nine months, container handling totaled 9.68 million standard containers, down 4.9%, with loaded containers down 5.9% [5] - Seasonally adjusted loaded container throughput in Q3 showed a quarterly decline of 3.8% [5] Shipping Vessels - In Q3 2025, the number of incoming ocean-going vessels increased by 6.4% to 4,793, with total capacity rising by 2.1% to 72.7 million net tons [7] - For the first nine months, incoming ocean-going vessels rose by 4.2% to 14,199, with total capacity up 0.9% [7]

Group 1 - The core viewpoint of the article highlights the significant achievements in the construction of the Western Land-Sea New Corridor, which has contributed to an open framework for internal and external connectivity and mutual assistance between the east and west [1][3]. - The launch of the "Western Land-Sea New Corridor Guangxi Tour" event aims to explore the development opportunities along the corridor through media coverage in various cities such as Nanning, Qinzhou, Beihai, Fangchenggang, and Chongzuo [3][7]. - Guangxi serves as a key junction for the Western Land-Sea New Corridor, focusing on major projects like the Pinglu Canal and the Beibu Gulf International Gateway Port to enhance infrastructure and service capabilities [1][3]. Group 2 - During the 14th Five-Year Plan period, the Beibu Gulf Port aims to enhance its capabilities, increase cargo sources, expand shipping routes, and improve services, with the expected increase in sea-rail intermodal trains from 4,607 in 2020 to 10,500 by 2025 [5]. - The cargo throughput at Beibu Gulf Port is projected to grow from 300 million tons in 2020 to 500 million tons by 2025, indicating a significant increase in operational capacity [5].

以下文章来源于前瞻经济学人 ，作者产业观察组 前瞻经济学人 . 关注中国城市发展战略、把握全球新兴产业趋势！这是省长书记爱看的智库号之一。 难以想象，一座GDP破万亿的经济大市，居然屈居三线。 01 最憋屈的万亿城市 2024年，唐山GDP达10003.9亿，成为河北第一座GDP破万亿的城市；并先于温州、大连、徐州等一众强 市，晋级为中国第27座万亿城市。 今年，唐山更是猛踩油门，前三季度GDP增速高达6.2%，在所有万亿城市中排名第二；具体到第三季度， 更是在万亿城市中遥遥领先。 不过，作为一座"因煤而起"、"因钢而兴"的城市，唐山的发展也经历过多次大起大落。 唐山位于华北平原地震带，活跃的地质运动带来了丰富的矿场。从近代化之初，唐山就凭借资源优势走上 了重工业的道路。到新中国成立，唐山依靠相对完备的工业体系，形成了以煤炭，钢铁，化工，食品，纺 织，建材为主的工业体系，工业产值达到了2.83亿元。 到1975年，唐山市区已经聚集起百万城市人口，成为远近闻名的华北工业之都。 然而1976年，一场7.8级的大地震几乎将唐山夷为平地。尽管震后，唐山迅速恢复生产，但在这片废墟上重 建新唐山，足足耗费了将近10年。 ...

Group 1 - The Purchasing Managers' Index (PMI) for China's manufacturing sector in November is reported at 49.2%, an increase of 0.2 percentage points from the previous month, indicating a stabilization in manufacturing exports and an overall recovery in demand [3] - The production index for November stands at 50%, reflecting a rise of 0.3 percentage points from the previous month, with the equipment manufacturing, high-tech manufacturing, and consumer goods manufacturing sectors all remaining in the expansion zone [6] Group 2 - The Western Land-Sea New Channel has shipped over 5 million TEUs (Twenty-foot Equivalent Units) since its inception in 2017, with a significant year-on-year increase of 55.3% in shipments since 2025 [9] - The Ningbo-Zhoushan Port has achieved a container sea-rail intermodal business volume of 1.85 million TEUs in 2025, surpassing the total volume for the entire year of 2024, with a year-on-year growth of 9% [13] Group 3 - The entry and exit personnel at the Erenhot port in Inner Mongolia have reached a historical high of 2.596 million since 2025, marking a year-on-year increase of 9.2% [15] - The construction of the Qixingping Tunnel, the second longest tunnel of the Xiangyu High-speed Railway, has progressed to 80%, with a total excavation length exceeding 11,000 meters [17][18]

Core Insights - The national railway transported 82.117 million tons of goods from November 24 to November 30, reflecting a week-on-week increase of 0.74% [1] - The total number of freight trucks on national highways was 56.442 million, showing a week-on-week decrease of 0.24% [1] - Port cargo throughput reached 286.271 million tons, marking a week-on-week increase of 8.43%, while container throughput was 6.77 million TEUs, down by 0.27% [1] - Civil aviation supported 121,000 flights, including 5,607 cargo flights, with a slight week-on-week decrease of 0.07% [1] - The volume of postal and express delivery collected was approximately 4.006 billion items, down by 2.91%, and the delivery volume was about 4.028 billion items, decreasing by 1.54% [1] Summary by Category Railway Transport - National railway transported 82.117 million tons of goods, with a week-on-week growth of 0.74% [1] Highway Transport - Freight truck traffic on national highways totaled 56.442 million, reflecting a decrease of 0.24% week-on-week [1] Port Operations - Port cargo throughput was 286.271 million tons, up 8.43% week-on-week; container throughput was 6.77 million TEUs, down 0.27% [1] Civil Aviation - Civil aviation operations included 121,000 flights, with 5,607 being cargo flights, showing a slight decrease of 0.07% week-on-week [1] Postal and Express Delivery - Postal and express collection volume was approximately 4.006 billion items, down 2.91%, while delivery volume was about 4.028 billion items, decreasing by 1.54% [1]

贯彻落实四中全会精神，下一步，河南将全面强化综合运输通道功能，通过交通枢纽建设融入服务 全国统一大市场。 陕西：加快完善现代化综合交通运输体系 眼下，西安至延安高速铁路正在试运行，这条陕北革命老区首条高铁将于下个月全线开通。届时， 西安至延安的铁路运行时间将从现在的2个半小时缩短至1个小时左右，为革命老区的发展注入新动能。 党的二十届四中全会提出，要加快建设交通强国，构建现代化基础设施体系。河南、陕西充分发挥 区位优势，不断完善现代综合交通运输体系，推动高质量发展。 河南：加快交通枢纽建设 融入服务全国统一大市场 进入11月，河南重大交通项目建设稳步推进。月初平顶山港通航运营，千吨级船舶直抵江淮，豫西 地区实现"通江达海"；沿黄高速公路加紧施工，将于年底通车；商丘机场日前开工建设，豫东地区新添 一条重要空中通道。 河南地处中原腹地，是连接华北、华东、华中的重要枢纽。"十四五"期间，河南全省综合交通网总 规模达29.2万公里，比"十三五"末增加1.4万公里。高速公路新增里程超2900公里，17个地级市全部开通 高铁，内河航道通航里程达1825公里。郑州国际陆港核心功能区正式启用，10个物流枢纽被纳入国家物 流枢 ...

Group 1: Vehicle Registration and Traffic Flow - As of the end of October 2025, the total number of registered vehicles in Macau reached 253,757, reflecting a year-on-year increase of 0.7% [1] - Cross-border vehicle traffic in October increased by 20.0% year-on-year to 1,008,461 trips, with light vehicle traffic rising by 21.6% to 960,048 trips [2] - New vehicle registrations in October decreased by 37.7% year-on-year to 674 vehicles, with electric vehicles accounting for 37.4% of new registrations [1][2] Group 2: Air and Sea Traffic - The number of commercial flights at Macau International Airport rose by 6.8% year-on-year to 4,939 flights in October, while ferry services saw a 2.0% decline to 6,722 trips [1][2] - For the first ten months of the year, cross-border vehicle traffic totaled 9,177,604 trips, marking a 22.2% increase year-on-year [2] Group 3: Telecommunications and Internet Usage - The number of mobile phone users in Macau increased by 3.7% year-on-year to 1,496,810, with prepaid card users rising by 6.4% [3] - Internet registration users grew by 1.6% year-on-year to 784,182, although internet usage hours declined by 3.6% in October [3]