证券日报网讯1月6日，乐歌股份（300729）在互动平台回答投资者提问时表示，公司在中大件海外仓行 业中处于领先地位，口碑较好，且作为FedEx的全球TOP100客户，享有较好的尾程价格优势。这种基于 长期业务体量和互信建立的深度合作关系，需要时间和规模积累，是公司海外仓服务网络重要的效率与 可靠性基石之一。 ...

观点网讯：12月11日，商务部新闻发言人何亚东在例行新闻发布会上表示，今年以来，面对复杂严峻的 外部环境，中国外贸逆势而上，实现量稳质升，以稳健的增长展现充沛的活力。 前11个月，我国货物进出口总值41.21万亿元，同比增长3.6%。当前，全球经贸领域的不确定不稳定因 素显著增多，产供链深刻调整，这是包括中国在内的所有国家面临的共同挑战。相信，未来中国外贸能 够克服困难，为全球经贸发展持续注入稳定力量。 下一步，商务部将会同各地方、各相关部门落实好各项稳外贸政策，积极推动市场多元化，加强对企业 开拓市场的服务保障；拓展中间品贸易、绿色贸易，推动贸易创新发展；推进进出口平衡发展，持续打 造"出口中国"品牌；提升贸易促进平台功能，支持跨境电商、海外仓等新业态新模式发展，促进外贸提 质增效。 免责声明：本文内容与数据由观点根据公开信息整理，不构成投资建议，使用前请核实。 ...

Group 1 - The company, Lege Co., is a leading player in the overseas warehouse industry and is closely monitoring industry policies [2] - The company is prepared to provide feedback on common industry concerns and suggestions that promote healthy long-term development [2]

Core Insights - The third-party overseas warehouse industry is transforming from a supplementary role in the supply chain to a core component of global trade efficiency, driven by the restructuring of global trade patterns and the growth of cross-border e-commerce [1][13]. Industry Positioning - Overseas warehouses are defined as storage facilities established abroad, optimizing cross-border logistics through a model of "bulk export, pre-storage, and local fulfillment." They are categorized into three types: third-party warehouses, platform-operated warehouses, and self-built warehouses by large enterprises [2][20]. - The three types of warehouses are not mutually exclusive but rather form a dynamic competitive ecosystem. For instance, nearly half of Amazon sellers use a combination of FBA and third-party warehouses, indicating a significant market opportunity for third-party warehouses [2][26]. Growth Drivers - The revival of the overseas warehouse industry is influenced by multiple factors, including rising global trade protectionism, strategic adjustments by cross-border e-commerce platforms, and uncertainties in the logistics environment [3][4]. - The shift in inventory cycles towards replenishment and supportive national policies are also contributing to the industry's growth [4]. Market Landscape - The overseas warehouse market is characterized by regional differentiation, with North America leading and emerging markets like Southeast Asia becoming new growth engines. China's overseas warehouse count is projected to grow from over 2,000 in 2021 to over 2,500 by 2024 [5][6]. - The service provider landscape shows significant stratification, with 56.25% being small warehouses and only 17.19% classified as large warehouses, indicating low industry concentration [5]. Service Evolution - Service offerings are evolving from basic warehousing to value-added services, with customized solutions becoming a competitive focus. Companies are leveraging technology to optimize logistics costs and enhance service delivery [6][7]. Competitive Landscape - The competition in the overseas warehouse industry is multi-dimensional, with small service providers facing survival pressures due to low automation and compliance capabilities. Leading companies are expanding their operations to consolidate their advantages [7][8]. - The bargaining power between merchants and service providers varies by scale, with small merchants prioritizing cost and larger merchants focusing on compliance and service quality [8]. Trend Outlook - The value of overseas warehouses is transitioning from a "cost center" to a "profit center," with demand extending beyond simple storage to include local distribution, after-sales service, and compliance consulting [9]. - Emerging markets like Southeast Asia and Latin America are expected to continue releasing potential, while mature markets will focus on efficiency improvements through advanced technologies [9].

Core Viewpoint - The Chinese government has issued an opinion to deepen reform and innovation in Shenzhen, positioning it as a model city for comprehensive reform and high-level opening-up, with a focus on institutional innovation and technological advancement [1][2]. Group 1: Institutional Innovation and Economic Development - Shenzhen's integration of "education, technology, and talent" reform is prioritized, reflecting the strategic upgrade of its role as an "innovation city" and "pilot demonstration zone" [1]. - The city has accumulated 48 replicable experiences over five years of comprehensive reform, establishing a mechanism that integrates the innovation chain, industrial chain, capital chain, and talent chain [1]. - Institutional innovation in Shenzhen is seen as a pathway for the country to overcome the "middle-income trap" by injecting vitality into its development [1]. Group 2: High-Level Opening-Up and New Economic Models - Shenzhen aims to transition from goods trade to a more integrated system of service trade, regulatory standards, and technological standards, enhancing its role as a global hub [2]. - The city is encouraged to deepen the opening-up of new factors such as service trade, intellectual property, and digital rules while maintaining its manufacturing base [2]. - The Qianhai area is identified as a core point for promoting high-level opening-up, with a focus on reducing transaction costs and uncertainties for market entities [2][3]. Group 3: Talent and Cross-Border Services - Qianhai is proposed to explore the establishment of a "talent special zone," facilitating mutual recognition of professional qualifications and cross-border service standards [3]. - This approach aims to lower the costs for high-end talent coming to China and accumulate experience for broader international talent recruitment [3].