Group 1: Core Insights - The Guangdong Provincial Government has officially released the "Implementation Opinions on Promoting High-Quality Development of Digital Trade and Service Trade through High-Level Opening" which includes 18 significant measures to boost the province's trade strength [2] Group 2: Digital Trade Development - Guangdong has identified four key areas for digital trade development: promoting digital product trade, enhancing the quality of digital content production, facilitating the import of high-quality life services in sectors like healthcare and cultural entertainment, and organizing international film exhibitions and cultural exchange activities [3] - The province aims to optimize digital service trade by developing digital manufacturing outsourcing and supporting the establishment of trade digitalization empowerment centers in the Greater Bay Area [3] - There is a focus on accelerating foreign trade in digital technologies such as IoT and AI, with plans to establish international advanced technology application promotion centers [3] - Support for cross-border data flow includes the creation of one-stop service portals for data export declaration and the establishment of data service pilot zones in regions like Nansha [3] Group 3: Service Trade Innovation - The Opinions emphasize institutional openness in service trade, with plans to implement negative lists for cross-border service trade and expand market access in sectors like healthcare, tourism, and telecommunications [4] - There will be efforts to enhance international transport services by improving port facilities and promoting the development of international hub ports in Guangzhou and Shenzhen [4] - The initiative includes fostering international arbitration institutions and law firms, and enhancing the competitiveness of service trade in cultural and intellectual property sectors [4] Group 4: International Market Expansion - The strategy aims to diversify international market layouts by establishing outbound service platforms and supporting the formation of outbound alliances [5] - There will be a focus on collaboration with countries involved in the Belt and Road Initiative and the establishment of international cooperation parks for service trade [5] - The plan includes promoting the "going out" strategy for lawyers and law firms, leveraging Guangdong's overseas offices to enhance service trade [5]

文 | 《BUG》栏目 徐苑蕾 2025年的最后两天，华与华咨询公司（以下简称"华与华"）董事长华杉再度陷入舆论漩涡。 一边是他发布亲自扫厕所视频，宣称"扫厕所是公司最高权力"，引发网友质疑其作秀动机；另一边，其 控股的上市公司读客文化筹划控制权变更，却在公告后不到一周内闪电终止。 与此同时，华杉与罗永浩之间的"录音门"纠纷仍然悬而未决，罗永浩多次喊话却未见华杉公开回应。 《BUG》栏目发现，华杉近一个月内拉黑多位网友，其微博仅允许关注100天以上粉丝评论，内容则密 集聚焦于蜜雪冰城等客户营销。 至于读客文化控股权变更一事，在公司停牌前股价异常放量上涨，引发市场对内幕信息提前泄露的质 疑。读客文化证券部相关工作人员则表示，近期不会再推进控股权变更一事，目前已经终止。 华杉扫厕所称"最高权力"，网友：作秀过头 12月29日，华杉在微博上发布了一段打扫公司卫生间的视频。视频画面显示，华杉与华与华总经理肖征 共同参与卫生间清扫，华杉俯身擦拭洗手台等区域，肖征则用地拖清理地面。 除了发布视频外，华杉还配文表示，"扫厕所是华与华的最高权力。"华杉称，"每周一早扫除，是华与 华三现主义和凡事彻底的企业文化仪式，是5S管理 ...

12月18日，海南自由贸易港正式启动封关运作。封关首周，政策红利释放，经济活力迸发。 据海口海关统计，12月18日至24日，海口海关共监管"一线"进口"零关税"享惠货物超4亿元；监管"二 线"内销加工增值免关税货物超2000万元。在吸引企业方面，封关首周，海南新增外贸备案企业1972 家，同比增长2.3倍。 封关运作不仅是一场牵动制度重构、产业升级、民生改善的系统性变革，更承载着探索最高水平开放形 态，将制度型开放向纵深推进的使命。 中国（海南）改革发展研究院院长、海南自由贸易港研究院院长迟福林在接受21世纪经济报道记者专访 时表示，制度型开放不再是传统的政策优惠、关税减免，而是聚焦于规则、规制、管理、标准的国际化 与法治化。制度型开放的核心，是形成一套稳定、透明、可预期的制度体系，吸引全球高端要素集聚。 迟福林同时指出，海南自贸港在对标CPTPP等高标准国际经贸规则方面的实践和经验，将为全国提供压 力测试，为中国加入CPTPP等高水平协定积累经验，增强中国在国际规则制定中的话语权。 以制度型开放应对"逆全球化" 《21世纪》：当前全球经贸格局面临深刻调整，逆全球化思潮抬头。海南自贸港的全岛封关运作，对于 中 ...

12月26日晚间，读客文化（301025）公告，此前公司收到控股股东通知，正在筹划公司控制权变更相关 事宜。但由于涉及事项较多，经多次协商和谈判后，仍未达成共识，决定终止此次控制权变更事项。公 司股票将于12月29日开市起复牌。 读客文化表示，公司目前各项经营情况正常，终止筹划本次控制权变更事项不会对公司经营业绩和财务 状况产生重大不利影响，将继续围绕公司发展战略，为公司和股东创造价值。 回溯来看，12月22日晚间，读客文化公告，公司于12月19日收到控股股东及实际控制人华楠、华杉通 知，其正在筹划公司控制权变更相关事宜，具体方案以各方签署的相关协议为准。 读客文化表示，上述事项的具体方案尚在筹划中，尚未签署正式协议，具有不确定性。为保证公平信息 披露，避免公司股价异常波动，维护广大投资者利益，根据深交所相关规定，经公司向深交所申请，公 司股票自12月22日(星期一)开市起停牌，预计停牌时间不超过2个交易日。 读客文化称，公司将根据上述事项的进展情况，严格按照有关法律法规的规定和要求履行信息披露义 务。待上述事项确定后，公司将及时发布相关公告并申请复牌。 12月23日晚间，读客文化发布该事项进展公告称，截至公 ...

Core Viewpoint - The company, Dook Culture, has announced a suspension of trading as it plans to change its control, which is unusual given its recent IPO in July 2021 and the upcoming unlock of shares in July 2024 [2][3]. Group 1: Company Overview - Dook Culture specializes in the planning and publishing of books, along with related cultural value-added services, including physical books, digital content, copyright operations, and promotional services [2]. - The company was founded in 2006 and gained recognition for popular titles such as "The Secret of the Tibetan Land" and "The Fall of Giants" [2]. Group 2: Financial Performance - Dook Culture has experienced a decline in revenue for three consecutive years from 2022 to 2024, with a reported loss of 3.28 million yuan in 2023 [2]. - In the first three quarters of this year, the company achieved a revenue of 257 million yuan, a year-on-year decrease of 12.19%, and a net profit of 6.52 million yuan, down 56.72% year-on-year [2]. Group 3: Stock Performance and Shareholder Actions - On its first trading day, Dook Culture's stock price peaked at 31.44 yuan per share but has since fallen to 10.20 yuan per share at the time of suspension [3]. - The controlling shareholders, Huanan and Huashan, have been reducing their stakes in the company, including a transfer of 4.1082 million shares at a price of 8.37 yuan per share, totaling approximately 34.39 million yuan [3]. - Between February and May, the shareholders sold a total of 11.1909 million shares, raising about 103 million yuan [3]. Group 4: Industry Context and Challenges - The traditional book publishing industry is facing a decline, and the marketing expertise of the Hu brothers has not been sufficient to improve Dook Culture's performance [3]. - The company is also dealing with reputational challenges stemming from a public dispute involving its brand consultants and a prominent figure in the industry, which may further impact its market position [3].

今年前三季度，公司营收2.57亿元，同比下滑12.19%；归母净利润仅652.10万元，同比大幅下降 56.72%。不仅如此，公司现金流压力凸显，经营活动产生的现金流量净额为-794.38万元。为提振业 绩，公司加大了抖音、小红书、视频号等平台的投流支出，导致销售费用同比增长24.10%至3772.66万 元，但从业绩来看，上述营销投入尚未在收入端显现成效。 值得注意的是，在本次控制权变更筹划前，实控人的一致行动人已开启持续减持。 2025年1月，宁波读客公告计划减持不超过1120万股，占公司总股本比例不超过2.80%；5月完成累计 1119.09万股减持，套现金额达1.03亿元；11月再次通过询价转让方式减持410.82万股，套现3438.55万 元。加上2023年原核心高管朱筱筱累计减持约6051万元，公司相关主体累计套现超2亿元，已超过读客 文化上市至今的利润总和。 股权结构层面，华楠、华杉兄弟长期保持对读客文化的绝对控制。截至2025年三季度末，华楠直接持股 41.02%，华杉直接持股29.58%，二人共同控制的宁波读客持有1.31%股份，合计共控制公司71.91%的股 份。 此次控制权变更或与公司业 ...

一波未平一波又起，此前在西贝"预制菜风波"中与罗永浩隔空喊话的华与华兄弟正计划转让旗下上市公 司的控制权。 12月22日晚间，读客文化（301025）公告，公司于12月19日收到控股股东及实际控制人华楠、华杉通 知，其正在筹划公司控制权变更相关事宜，具体方案以各方签署的相关协议为准。 读客文化表示，上述事项的具体方案尚在筹划中，尚未签署正式协议，具有不确定性。为保证公平信息 披露，避免公司股价异常波动，维护广大投资者利益，根据深交所相关规定，经公司向深交所申请，公 司股票自12月22日（星期一）开市起停牌，预计停牌时间不超过2个交易日。 读客文化称，公司将根据上述事项的进展情况，严格按照有关法律法规的规定和要求履行信息披露义 务。待上述事项确定后，公司将及时发布相关公告并申请复牌。 公开信息显示，读客文化是一家民营图书策划发行企业。公司坚持推进"创意工业化"打造"创意流水 线"，通过整合文艺、社科以及少儿等领域的优质版权，融合多种载体形式，全方位为大众提供以图书 为主体的精品内容，持续提升品牌影响力与行业竞争力。公司主要业务涉及纸质图书、数字内容、版权 运营及新媒体业务。 今年前三季度，读客文化实现营业收入2 ...

中国基金报记者 李智 11 月 26 日，北京市人民政府网站发布《中共北京市委关于制定北京市国民经济和社会发展 第十五个五年规划的建议》（以下简称《建议》）。 重点内容如下： 1. 推动 " 十五五 " 时期北京经济社会发展，要严格遵循党的二十届四中全会明确的重大原 则，更加注重优化提升首都功能，更加注重增进民生福祉，更加注重增强创新动能，更加注 重深化改革开放，更加注重加强超大城市治理，更加注重统筹发展和安全。 2. " 十五五 " 时期北京经济社会发展主要目标：首都功能持续提升，高质量发展迈上新台 阶，全面深化改革取得新突破，群众生活品质不断提高，首都文化影响力明显增强，美丽北 京建设取得更大成效，首都安全水平全面提升。到 2035 年实现首都功能服务保障能力、综 合经济实力、科技创新实力、城市治理能力、国际影响力大幅提升，城乡区域发展更加均 衡，人民生活更加幸福美好，率先基本实现社会主义现代化。 3. 推动 " 十五五 " 时期北京经济社会发展，要深入落实首都城市战略定位，全力服务保障政 治中心功能，全面增强文化中心影响力，持续加强国际交往中心能力建设，加快提升科技创 新中心发展能级。 【导读】北京 " ...

Group 1 - The core viewpoint of the news is that New Classics has experienced a decline in stock price and financial performance, with significant net outflow of funds and a decrease in both revenue and net profit year-on-year [1][2][3] Group 2 - As of November 19, New Classics' stock price fell by 2.05% to 18.67 CNY per share, with a total market capitalization of 2.88 billion CNY [1] - Year-to-date, New Classics' stock price has increased by 2.87%, but it has seen a decline of 1.94% in the last five trading days and a decrease of 3.31% over the last 60 days [2] - The company's main business revenue composition includes 91.08% from physical books, 6.01% from digital content, 2.02% from copyright operations, and 0.90% from other sources [2] - For the period from January to September 2025, New Classics reported a revenue of 475 million CNY, a year-on-year decrease of 25.65%, and a net profit attributable to shareholders of 67.79 million CNY, down 46.59% year-on-year [2] - Since its A-share listing, New Classics has distributed a total of 895 million CNY in dividends, with 389 million CNY distributed in the last three years [3] - As of September 30, 2025, the number of shareholders for New Classics decreased by 12.57% to 12,900, while the average circulating shares per person increased by 14.37% to 11,932 shares [2]

Core Insights - The service consumption market in China is expanding steadily, with a projected annual growth rate of 9.6% from 2020 to 2024, driven by policies aimed at boosting consumption and domestic demand [1][2][3] Group 1: Importance of Expanding Service Consumption - Service consumption is crucial for improving livelihoods and represents a significant direction for consumption transformation and upgrading [2][3] - The shift from goods to service consumption is evident, with service consumption emphasizing emotional and experiential satisfaction, which supports continuous upgrades and repeat purchases [2][3] - By 2024, the proportion of per capita service consumption expenditure is expected to reach 46.1% of total per capita consumption expenditure, indicating a growing role of service consumption in driving economic growth [2][3] Group 2: Employment and Quality of Life - Expanding service consumption is essential for stabilizing employment and improving living standards, as the service sector is labor-intensive and can create numerous job opportunities [3][4] - The growth in service consumption reflects a shift from material to spiritual consumption, enhancing overall well-being and quality of life for residents [3][4] - The number of domestic tourists is projected to increase from 3.262 billion in 2013 to 5.615 billion by 2024, showcasing the booming tourism market and its potential for consumption [3][4] Group 3: Economic Foundations for Service Consumption - China's stable economic growth provides a solid foundation for expanding service consumption, with the service sector becoming the largest industry in the national economy [4][5] - By 2024, the service sector's contribution to GDP is expected to reach 56.7%, indicating significant room for growth compared to developed countries where this figure is typically between 70% and 80% [4][5] - Rising income levels, with per capita GDP projected to reach 95,749 yuan in 2024, will further drive service consumption growth [4][5] Group 4: Demographic Changes and Market Potential - By the end of 2024, China's population is expected to reach 1.408 billion, with a notable increase in the elderly population, creating new demands for services such as home care and health management [5][6] - The urbanization rate is projected to reach 67% by 2024, providing additional opportunities for service consumption growth as more rural residents transition to urban living [5][6] Group 5: Policy Measures and Support for Service Consumption - The Chinese government has implemented various policies to support the expansion of service consumption, including the issuance of guidelines for high-quality service consumption development [6][7] - Recent measures include optimizing service supply and enhancing consumer capacity through targeted policies and local initiatives [6][7] Group 6: Digital Services and New Consumption Trends - The digital economy is transforming service consumption, with digital technologies driving innovation in service delivery and creating new consumption scenarios [11][12] - By 2024, the scale of digital consumption is expected to reach 23.8 trillion yuan, accounting for 44.2% of total consumption [11][12] - The emergence of new consumer groups with a preference for personalized and experiential services is further stimulating the growth of digital service consumption [12][13] Group 7: Financial Support for Service Consumption - Financial institutions are increasingly focusing on supporting service consumption through tailored financial products and services [17][18] - The People's Bank of China has established a 500 billion yuan fund to guide financial institutions in increasing credit to key service sectors [18][19] - The introduction of consumer finance services has been shown to significantly boost consumer spending, with estimates indicating a 16% to 30% increase in spending among borrowers [19][20]