站在"十四五"规划收官之年的历史坐标上，海南自贸港正以昂扬姿态迈进即将全岛封关运作的关键节 点。近日，记者跟随"活力中国调研行"采访团走进海南，感受自贸港建设成型起势的强劲脉动。 自2022年投产以来，该基地已维修飞机超2300架次，整机喷涂270余架，航空零部件维修量达5.8万件。 飞机维修业成为了海南高端服务业的"金字招牌"。航空维修产业的崛起，是海南产业结构优化的缩影。 过去5年，海南旅游业、现代服务业、高新技术产业、热带特色高效农业四大主导产业占全省GDP比重 提升13.7个百分点，达67%。 开放成效实实在在，经济外向度显著提升。5年来，海南实际使用外资年均增长14.6%，累计突破千亿 元；货物贸易、服务贸易持续增长，经济外向度提高至35%。全岛加工增值内销免关税政策效应凸显， 内销货值增长3倍。重点园区以不到全省2%的土地，贡献了全省30%的投资、50%的税收、70%的进出 口和90%的外资利用。南繁种业、商业航天、海洋经济等新质生产力蓬勃发展，可免签入境海南国家扩 大至85个，同境外39个自贸区（港）建立伙伴关系。 金融创新是关键支撑，EF账户（多功能自由贸易账户）成为耀眼明星。EF账户自202 ...

Core Viewpoint - 华检医疗 has experienced a significant stock price surge, driven by its strategic move into the RWA (Real World Assets) sector and the establishment of a global Ethereum (ETH) reserve strategy [1][2][10]. Company Strategy - On August 8, 华检医疗 announced the launch of a "Global Enhanced Ethereum (ETH) Treasury" strategy and formed a global strategic partnership with HashKey Group [1][2]. - The company plans to invest up to 8.8 billion HKD in purchasing ETH as reserve assets, with an initial purchase of 1.5 billion HKD already completed [1][2]. - 华检医疗 aims to create a Web3 exchange ecosystem focused on medical innovation assets, named "ivd.xyz," and plans to issue a stablecoin called IVDD [3][4]. Financial Performance - Since the market rally began on July 14, 华检医疗's stock price has increased by over 360%, reaching a peak of 12.86 HKD per share [1][2]. - The company's market capitalization currently stands at 150 billion HKD [1][2]. - The first batch of ETH purchased amounted to 5,190 coins at an average price of 3,661 USD each, resulting in a total transaction value of approximately 1.4947 billion HKD [2]. Market Context - The RWA sector has gained significant traction recently, with a reported global RWA asset total of 25.5 billion USD by mid-2025, driven by tokenization of real assets [10]. - The RWA market is currently dominated by private credit (58.5%), U.S. Treasury bonds (29.6%), and commodities (6.4%) [10]. Company Background - 华检医疗 is primarily an IVD (in vitro diagnostics) product distributor, with its own brand of IVD products [6][7]. - The company has faced fluctuating net profits since its IPO in 2019, with a notable decline in net profit expected for the first half of 2025 [6][7]. - 华检医疗's revenue structure shows that distribution business accounts for over 90% of total revenue, with self-branded products contributing only a small fraction [7]. Regulatory Environment - 华检医疗 has initiated the process to apply for a stablecoin license with U.S. regulatory authorities [5]. - The RWA sector is also seeing regulatory developments, with a registration platform launched in Hong Kong to facilitate the tokenization of assets [12].

Core Viewpoint - The Hong Kong government is actively working to expand new economic growth points while consolidating traditional industries, aiming to enhance Hong Kong's competitiveness and international influence as a "super connector" and "super value creator" [1][2]. Group 1: International Cooperation and Market Expansion - The government emphasizes the importance of deepening international cooperation, leveraging Hong Kong's unique position to connect mainland China with global markets, and expanding into emerging markets in the Global South [1][3]. - Efforts include strengthening regional cooperation with ASEAN, the Middle East, and countries along the Belt and Road Initiative, with specific agreements already signed or in negotiation with Bahrain, Qatar, and others [2][3]. Group 2: High-Value Supply Chain Development - A high-value supply chain service mechanism has been established to attract mainland enterprises to set up international or regional headquarters in Hong Kong, facilitating their global supply chain management [3][4]. Group 3: Industry-Specific Initiatives - The government is focusing on various industries, including: - **Innovation and Technology**: Promoting sectors like health tech, AI, and advanced manufacturing through targeted measures [4][5]. - **Space Economy**: Supporting research and development in space-related technologies and simplifying licensing for low Earth orbit satellite operations [4][5]. - **Low-Altitude Economy**: Developing a smart low-altitude economic ecosystem and expanding regulations for drone technology [5][6]. - **Halal Industry**: Enhancing Hong Kong's competitiveness in the halal market through legislative changes and promotional activities [6][7]. - **Professional Certification Services**: Expanding certification services into new fields such as green finance and ESG [6][7]. - **Financial Innovation**: Implementing a licensing system for digital asset trading platforms and stablecoins to foster sustainable growth in the digital asset sector [6][7]. - **Green Industry**: Supporting local green technology development and promoting Hong Kong as a center for sustainable finance [7][8]. - **Cultural and Creative Industries**: Developing a creative ecosystem and supporting industry-specific projects to enhance Hong Kong's status as a creative hub [7][8]. - **Sports Industry**: Noting a steady growth in the sports sector, with a reported increase in value added from sports activities [8][9]. Conclusion - The government is committed to collaborating across various policy areas to create a conducive environment for economic development, welcoming suggestions from legislators to enhance these initiatives [9].

Group 1: Economic Development and Industrial Transformation - During the "14th Five-Year Plan" period, Tianjin achieved a qualitative improvement and reasonable quantitative growth in economic and social development, focusing on the coordinated development of the Beijing-Tianjin-Hebei region and promoting significant reforms and opening-up [1] - Looking ahead to the "15th Five-Year Plan," Tianjin aims to enhance its role as a pioneer in reform and opening-up, focusing on industrial transformation and the development of new productive forces [1] - The city plans to strengthen its advanced manufacturing research and development base, implementing ten high-quality development actions and launching 12 key industrial chain initiatives [1] Group 2: Port and Logistics Development - Tianjin aims to enhance the service and radiation capabilities of the Northern International Shipping Core Area, leveraging the advantages of Tianjin Port as a major international port [2] - The integration of advanced manufacturing and modern service industries is emphasized, with significant projects such as the completion of the second phase of the Haiyou Engineering Intelligent Manufacturing Base and the successful delivery of large container ships by China Shipbuilding Tianjin [2] - The city plans to improve port infrastructure and expand ocean routes to enhance the dual-direction radiation and resource allocation capabilities of Tianjin Port [2] Group 3: Financial Sector Innovation - By 2024, the financial sector's value added is expected to account for 14.2% of Tianjin's GDP, positioning it among the top in the country [3] - The city is set to capitalize on central government policies supporting high-quality development, focusing on the construction of a financial innovation operation demonstration zone [3] - Tianjin's financial sector boasts national and global leadership in areas such as aircraft leasing, with over 2,300 aircraft leased, representing 70% of the national total, and a projected 90% share in new ship leasing by 2024 [3]

Core Insights - Haikou City in Hainan Province has launched five innovative institutional integration cases to promote the implementation of core policies of the Hainan Free Trade Port, pressure testing for customs closure operations, industrial development, and optimization of the business environment [1][2] Group 1: Institutional Innovations - The five innovative cases include: electronic bills of lading reshaping offshore bulk trade processes, "cross-border capital + industrial agglomeration" financial innovation development model for the free trade port, implementation of foreign employment units and foreign credit rating assessment, multi-faceted efforts to create a harmonious biodiversity protection practice in Haikou, and establishing an efficient rescue and rapid exit mechanism for small and micro enterprises [1][2] Group 2: Trade Facilitation - The electronic bill of lading case is a typical example of promoting trade facilitation, utilizing blockchain technology to trace the authenticity of trade and ownership of goods, reducing international settlement time from 3-7 days to 1 day [1] - The use of digital encryption technology for operational authorization enhances the clarity of the electronic bill of lading process, reduces the risk of data tampering, and lowers the risk control costs for banks regarding the authenticity of bills of lading [1] Group 3: Offshore Trade Significance - Offshore trade is a highly specialized form of international trade, crucial for linking domestic and international markets and enhancing global resource allocation capabilities [2] - Bulk trade constitutes a major form of global shipping trade, with bulk carriers accounting for over 40% of the total global shipping capacity [2] - As of now, 46 bulk trades have been conducted through Haikou's developed electronic bill of lading system, with a total volume exceeding 7.5 million tons, expanding to various categories including photovoltaic and cement [2] Group 4: Future Directions - Haikou will continue to optimize the innovation ecosystem, encouraging more market entities and social forces to participate in institutional innovation, and increasing the promotion and application of innovative results to benefit the public [2]