Economic Performance - Chengdu's foreign trade import and export value reached 498.53 billion yuan from January to July 2025, showing a year-on-year growth of 6.8% [1] - The total export value was 290.75 billion yuan, reflecting a growth of 12.2% [1][11] International Cooperation and Connectivity - Chengdu is enhancing its international cooperation across various sectors, including culture, sports, trade, and technology [2] - The city plans to increase flights on the Chengdu-Milan route and introduce new routes to Bali and Sapporo within the year [4][5] - A total of 28 new, resumed, and enhanced international and regional cargo and passenger routes are planned for this year [4][5] Support for Exporting Enterprises - The "Rong Products Going Global" initiative has been launched to support local enterprises in expanding their international market presence [8][11] - Financial support measures include subsidies for participation in overseas exhibitions and marketing expenses, with individual enterprise support capped at 500,000 yuan [13] - Chengdu's enterprises have successfully secured significant foreign trade orders at international expos, indicating strong market demand [11][13] Foreign Investment Attraction - Chengdu attracted 656 million USD in foreign direct investment from January to April 2025, leading among central and western cities in China [15][19] - The city has over 4,000 foreign-funded enterprises and more than 100,000 foreign residents, highlighting its appeal as an investment destination [15] - Recent foreign investment projects include collaborations with South Korean companies and the establishment of a U.S. food technology firm in Chengdu [17][19]

Core Viewpoint - The 11th "8·3 Master Festival" has commenced, themed "Craftsmanship Towards Goodness," with over 4 million craftsmen participating in public welfare activities [1] Group 1: Event Overview - The "8·3 Master Festival" was initiated by the Wan Master platform on August 3, 2015, aiming to define a holiday in the name of craftsmen [7] - The festival has gained recognition due to the increasing demand for home services and the expanding scale of service providers, becoming a professional holiday similar to Teacher's Day and Nurse's Day [7] Group 2: Community Engagement - A team led by Master Sheng visited a rehabilitation center for the disabled and a kindergarten for children with intellectual disabilities to identify and rectify safety hazards in their living environments [3][5] - The team performed various repairs, including tightening screws on doors and windows, reinforcing furniture, and fixing plumbing issues, aiming to improve the safety and comfort of these facilities [5] Group 3: Professional Development - The Wan Master platform emphasizes standardization in the home service industry, establishing industry standards and a systematic qualification certification process to cultivate a high-quality workforce [9] - The platform aims to enhance the employment environment and job satisfaction of craftsmen, which is essential for the healthy development of the industry [9] Group 4: Social Impact - Since the launch of the public welfare initiative in 2019, the Wan Master platform has organized over 400 public service events, assisting various institutions and vulnerable groups with furniture repairs and installations [11] - The platform seeks to change public perceptions of craftsmen by showcasing their genuine work conditions and contributions through documentary-style videos [11]

Core Viewpoint - The home service and after-sales market is increasingly important in the home industry, evolving from a neglected segment to a key factor influencing consumer purchasing decisions, corporate reputation, and industry development [2] Group 1: Current Status of Home Service and After-sales Market - The home industry is projected to have a compound annual growth rate of approximately 2.8% over the next five years, reaching a market size of 51.7 trillion by 2028 [3] - Despite a slowdown in growth due to real estate cycles, the demand for home services remains stable, driven by essential market resilience and an awakening awareness of housing improvement and service needs [3] - The demand for home services is diversifying, expanding beyond traditional installation and repair services to include smart home products, fitness equipment, and pet furniture, driven by policies like "old-for-new" [4] - Online service demand is significantly increasing, with over half of households requiring home services 1-2 times per quarter, and many consumers preferring online platforms for installation and repair needs [4] Group 2: Factors Behind Strong Demand - The rise of the young consumer demographic, particularly those born in the 1990s and 2000s, is becoming the main force in home consumption, emphasizing convenience, efficiency, and high service standards [7] - The digital transformation of the home industry is accelerating, with companies expanding online markets and facing challenges in providing efficient nationwide service networks [8] - Consumers are increasingly willing to pay for high-quality home services, focusing not only on product prices but also on the quality and safety of installation, maintenance, and after-sales services [9] Group 3: Luban Home as an Industry Leader - Luban Home ranks as the top home installation and repair service platform in China, with over 3 million blue-collar workers across all provincial regions, achieving a service coverage rate of over 98% in county orders [10][11] - The S2B2C model adopted by Luban Home effectively addresses service radius issues post-e-commerce, enhancing service efficiency and reducing costs by 30%-40% [11] - Luban Home covers over 40 subcategories of services, including traditional and emerging categories, providing a one-stop service experience for consumers [13] - The platform utilizes a digital service management system to ensure transparency and efficiency in service delivery, with a comprehensive tiered system for service providers [14] Group 4: Impact of Luban Home on the Industry - Luban Home has established standardized service processes, promoting professionalism and digitalization in the home service sector [16][17] - The digital service model of Luban Home serves as a successful example for the industry's digital transformation, enhancing operational efficiency and service quality [19] - Consumers benefit from transparent management and professional services, significantly improving their service experience [19] - Luban Home creates job opportunities for blue-collar workers, enhancing their income and professional recognition [20] Group 5: Future Development Trends in the Industry - The standardization and normalization of services will continue to advance, with more companies adopting best practices from leading platforms like Luban Home [20] - Digital and intelligent service upgrades will become more prevalent, utilizing technologies like big data and AI for precise service matching and monitoring [21] - The integration of green and sustainable service concepts will gain traction, focusing on environmentally friendly practices throughout the service process [22] - The demand for diversified and personalized services will drive the industry towards offering more value-added services and customized solutions [22]