Core Viewpoint - The report highlights the significant achievements of Heilongjiang Province in promoting high-quality business development during the "14th Five-Year Plan" period, focusing on boosting consumption and expanding openness [2][3][4][5][6][7] Group 1: Consumption and Domestic Market - The total retail sales of consumer goods in Heilongjiang Province exceeded 2.5 trillion yuan, with over 60 billion yuan allocated from special government bonds to stimulate consumption [3][4] - The province's online retail sales grew by 15.7% annually, with the number of e-commerce enterprises increasing to nearly 20,000, a growth of over three times [3][4] - Various promotional activities, including over 3,000 events, were conducted to enhance local consumption, significantly raising the profile of regional cuisine [3][4] Group 2: Foreign Trade and Economic Openness - Heilongjiang's foreign trade volume is expected to double by 2024 compared to 2020, with an average annual growth rate of 19.3% [4][5] - The province's exports of high-value-added products, such as electromechanical and high-tech products, have seen annual growth rates of 26.6% and 17.6%, respectively [4][5] - Heilongjiang has expanded its foreign investment cooperation to 43 countries and regions, showcasing its international brand image through various projects [4][5] Group 3: Investment and Infrastructure Development - The province has established a comprehensive investment promotion mechanism, resulting in 1,348 signed projects since 2021, with actual domestic investment growing by over 30% annually [5][6] - The construction of free trade zones has accelerated, contributing nearly one-fifth of the province's actual foreign investment and one-sixth of its imports and exports [6][7] - Significant improvements in port capacity have been noted, with annual growth rates of 61.2% for passenger and 12% for cargo transport [6][7] Group 4: Future Development Plans - Heilongjiang aims to continue promoting high-quality business development in alignment with national policies, focusing on consumption, trade, investment, and platform construction [7]

Core Insights - JD.com has opened its first Seven Fresh Food MALL in Harbin, which has seen a threefold increase in foot traffic and nearly 100% shopping conversion rate within two months since its opening [1] - The daily orders for takeout have doubled, positively impacting all partnered restaurant brands [1] Expansion Strategy - JD.com plans to expand the Seven Fresh Food MALL concept starting from Harbin, with a strategy to move from north to south across various cities [1] - The company is currently in discussions with over ten cities, including new first-tier, second-tier, and third-tier cities, aiming for multiple store openings in each city [1] Business Model Integration - From the second phase of the project, JD.com will combine the Seven Fresh Food MALL with Seven Fresh Kitchen, enhancing operational synergy [1] - This integration aims to provide a comprehensive local living ecosystem, connecting in-store and home delivery experiences [1] - The price range for Seven Fresh Food MALL is set between 30-50 yuan, while Seven Fresh Kitchen targets a lower price range of 10-20 yuan, catering to different consumer segments [1] - The strategy includes optimizing costs through a fully integrated supply chain, allowing for shared resources in ingredient procurement, kitchen usage, and delivery [1]