近日，俄罗斯驻华大使莫尔古洛夫在北京表示，俄中双方已经建立了一套相当可靠的双边结算体系，几乎已完全使用卢布和人民币进行本币结算。 人民币和卢布结算达99.1% 此前，俄罗斯财政部部长安东·西卢阿诺夫也在北京举行的第十一次中俄财长对话期间表示，俄中两国已基本脱离西方货币进行贸易结算，目前几乎所有 支付均以卢布和人民币完成。 今年9月23日，全球首条中欧北极集装箱快航正式通航，从宁波舟山港启航的"伊斯坦布尔桥"轮经北极东北航道抵达英国弗利克斯托港。莫尔古洛夫说， 俄中共同开发北极航道潜力，首趟集装箱船仅用20天抵达目的地，而通过苏伊士运河的传统航线需要30天至40天，运输效率显著提升。 俄罗斯是中国最大的石油和天然气供应国之一，莫尔古洛夫介绍，双方正就新建一条途经蒙古国的天然气管道进行细节磋商，这条管道将确保中国消费者 未来数十年的天然气供应。 他也提到，当前正是能源转型的关键时期，传统化石能源正逐步让位于新的可再生能源。俄中两国在能源转型问题上立场高度契合，坚信日益加速的脱碳 进程将为两国合作打造新的增长点。 中俄互免签证 莫尔古洛夫还表示，两国互免签证是过去一年双边关系的里程碑事件。中俄分别于9月15日和12 ...

俄罗斯的未来图景应当如何描绘？面对外部地缘政治挑战与严峻的制裁压力，俄罗斯应如何实现经济持 续发展？近日，在俄罗斯联邦政府财政金融大学举办的"俄罗斯：未来形象"国际论坛上，联邦政府官 员、国家杜马代表、高校及智库专家齐聚一堂，围绕全球转型背景下的国家发展战略展开讨论，试图从 技术、经济和社会多个维度勾勒出俄罗斯的未来轮廓。 全球治理格局转变 俄方认为，当前世界格局正在经历深刻调整，以金砖国家为代表的新兴经济体迅速崛起，部分新兴经济 体的居民收入与生活水平已不逊于，甚至在某种程度上超过了一些发达国家。俄罗斯财政部长西卢安诺 夫指出，传统的"发达—发展中"二元分类逐渐弱化，新兴经济体加速上升，而发达经济体则表现出强烈 的抵触情绪，不愿放弃原有的中心地位。 西卢安诺夫认为，这种抵触体现在技术竞争、贸易壁垒、制裁手段等多个领域。制裁不仅针对俄罗斯， 也广泛用于打压其他国家，意图延缓其技术进步，从而维持过去几十年由西方主导的经济秩序。他强 调，新兴经济体的发展势头不可阻挡，俄罗斯主张新兴经济体应在所有国际机构与组织中持续扩大份额 和话语权。"我坚信，无论某些人是否愿意，这种结构性转变终将发生——这是世界经济的根本趋 势 ...

Core Viewpoint - Inner Mongolia is actively integrating into the Belt and Road Initiative, leveraging its geographical advantages to enhance infrastructure connectivity, policy alignment, and cultural exchanges, thereby solidifying its role as a key gateway for national northern opening and a significant support point in the China-Mongolia-Russia Economic Corridor [2] Infrastructure Connectivity - Inner Mongolia has made significant progress in infrastructure connectivity, completing the capacity enhancement project for the Erhun to Erlian section, with all 12 highway ports upgraded to secondary roads or above [3] - The region has seen the successful acceptance of Baotou and Erlianhot airports, with Hohhot Baita International Airport nearing completion and expected to pass industry acceptance by December 2025 [3] - Over the past five years, Inner Mongolia has dispatched more than 1,900 China-Europe (Asia) freight trains, marking a year-on-year increase of 98.9%, with 22 regular routes connecting to five Central Asian countries, Mongolia, Russia, Belarus, and Iran [3] Trade Facilitation - The establishment of the China-Mongolia Erlianhot-Zamyn-Uud Economic Cooperation Zone has accelerated development, with significant improvements in the hosting of key trade exhibitions such as the China-Mongolia Expo [3] - The region has made strides in building comprehensive bonded zones and pilot free trade zones, with trade volume with Belt and Road countries reaching 607.47 billion yuan during the 14th Five-Year Plan period [3] Financial Connectivity - Inner Mongolia has achieved breakthroughs in cross-border RMB settlement, with over 2,000 enterprises participating in the initiative, facilitating more than 11,000 RMB cross-border settlement transactions for credible enterprises [4] Cultural and People-to-People Exchanges - The region has enhanced cooperation in culture, education, and tourism, organizing vocational training programs for Mongolian students and promoting cross-border tourism through the "Silk Road Economic Belt" initiative [5] - Inner Mongolia has supported various community projects in Mongolia, including the "Planting Ten Billion Trees" initiative and emergency rescue training programs [5]

Core Insights - Hainan is set to officially close its borders on December 18, marking a significant step towards establishing a new type of offshore international trade center, which aims to shift Chinese enterprises from being mere suppliers to service providers in global trade [3][4][5] Group 1: New Offshore Trade Model - The new offshore trade model allows Chinese companies to engage in global trade without passing through Chinese ports, enhancing their role in the global supply chain [3] - This model emphasizes remote control and management of trade processes, enabling companies to coordinate procurement, processing, and sales across multiple countries [3] Group 2: Importance of Hainan Free Trade Port - Hainan's free trade port will cover an area of 35,400 square kilometers, significantly larger than existing free trade zones in China, providing ample space for talent and enterprises [5] - The free trade port will offer greater openness compared to traditional free trade zones, with most goods exempt from tariffs and simplified trade regulations [7][20] Group 3: Competitive Advantages - Hainan's free trade port will implement a zero-tariff policy for over 70% of goods, compared to Shanghai's limited tariff exemptions, making it a more attractive location for offshore trade [7][19] - The port will also feature a simplified customs process, allowing goods to enter before customs declaration, enhancing operational efficiency [7] Group 4: Service Trade Growth - The global trade landscape has shifted, with intermediate goods now accounting for over 70% of trade, and service trade comprising 30% of total trade volume, indicating a need for high-quality service support in offshore trade [8][9] - Hainan's service trade is projected to grow over 20% in 2024, with significant increases in sectors like transportation, tourism, and digital trade [9] Group 5: Offshore RMB Settlement Center - Hainan aims to establish an offshore RMB settlement center, complementing Hong Kong's existing role, to facilitate domestic and international capital flow [11][12] - This center will enhance the internationalization of the RMB and attract foreign investment, contributing to Hainan's financial ecosystem [12][15] Group 6: Challenges and Opportunities - Despite its potential, Hainan faces challenges such as a lack of financial market openness and service infrastructure, which could hinder its ability to attract high-quality resources [14] - However, Hainan's strategic location and the government's support for establishing a financial settlement center present significant opportunities for growth [14][15] Group 7: Future Trade Rules - The evolving global trade rules emphasize "zero tariffs," "zero barriers," and "zero subsidies," which align with Hainan's goals for trade liberalization [17][18] - Hainan's free trade port is positioned to experiment with these principles, potentially serving as a model for broader national implementation [20][21]

Core Viewpoint - International Commercial Settlement Holdings Limited is focused on building a global multi-currency real-time clearing and settlement platform based on blockchain and distributed networks, aiming to enhance cross-border fund flow efficiency [1] Group 1: Company Overview - The company experienced a stock price decline of 6.15%, trading at 0.229 HKD per share with a transaction volume of 3.1714 million HKD as of 10:04 AM on August 18 [1] - The company targets countries along the "Belt and Road" initiative, serving approximately 4.4 billion people and a combined economy of 21 trillion USD, aiming to reshape the global clearing and settlement landscape [1] Group 2: Financial Performance - As of the 2024 annual report, the company reported total operating revenue of 172 million CNY and a net loss of 211 million CNY [2]

Core Viewpoint - International Business Settlement (IBS) has experienced significant stock price increases, outperforming the Hang Seng Index, while facing challenges in profitability and financial metrics [2][3]. Company Summary - IBS's stock price rose by 12.78% to HKD 0.203 per share, with a trading volume of 81.97 million shares and a turnover of HKD 16.72 million, showing a volatility of 26.67% [1]. - Over the past month, IBS's stock has surged by 260%, and year-to-date, it has increased by 104.55%, outperforming the Hang Seng Index by 24.14% [2]. - Financial results as of March 31, 2025, indicate total revenue of HKD 172 million, a year-on-year increase of 7.2%, but a net loss of HKD 211 million, a significant decline of 283.37% [2]. - The gross margin stands at -16.77%, and the debt-to-asset ratio is 89.04% [2]. Industry Summary - Currently, there are no institutional investment ratings for IBS [3]. - The average price-to-earnings (P/E) ratio for the real estate industry is 9.84, with IBS's P/E ratio at -15.99, ranking it 107th in the industry [3]. - Other companies in the sector have P/E ratios ranging from 0.94 to 3.27 [3]. Business Model and Strategy - IBS aims to become a leading global fintech company, leveraging distributed networks and blockchain technology to create a next-generation global settlement network [4]. - The company focuses on providing efficient, low-cost financial services for cross-border trade, particularly targeting countries along the Belt and Road Initiative [4]. - IBS's platform facilitates real-time, multi-currency settlements, connecting with central bank systems to enhance financial infrastructure across regions with a combined population of approximately 4.4 billion and an economic output of about USD 21 trillion [4].