近年来，随着中国积极推进高水平制度型开放，加快构建国内国际双循环新发展格局，产业链供应链国 际合作持续深化，中国企业国际竞争力稳步提升，国际视野更广，出海发展的意愿愈发强烈。在企业积 极拓展国际市场进程中，中国服务出口潜力不断激活。 加强有效机制保障 数据显示，今年前三季度，我国服务贸易稳步增长，服务进出口总额59362.2亿元，同比增长7.6%。其 中，出口26015亿元，增长14.4%；进口33347.2亿元，增长2.8%。 数据攀升的背后，凸显出近年来一系列先行先试政策正持续转化为推动服务业开放、优化营商环境的制 度红利，使高水平开放加速落地实施。 今年5月，一批用于治疗儿童罕见病的药品伏索利肽在海关关员快速验放后，从北京天竺综保区科园贸 易的库房出发，迅速运往北京儿童医院救治患者。 这些尚未在国内正式获批的进口罕见病药品，之所以能实现从"人等药"到"药等人"的转变，靠的正是北 京罕见病药品保障先行区的"保税+罕见病保障"特色模式。国务院批复的《支持北京深化国家服务业扩 大开放综合示范区建设工作方案》中，支持北京建设罕见病医药品保障先行区，用"白名单"制度帮患者 解决"用药难"。截至目前，已有10多款罕 ...

Core Insights - China's service trade showed steady growth in the first three quarters of 2025, with total service trade volume reaching 59,362.2 billion yuan, a year-on-year increase of 7.6% [1] - The export of services was 26,015 billion yuan, growing by 14.4%, while imports reached 33,347.2 billion yuan, increasing by 2.8%, resulting in a service trade deficit of 7,332.2 billion yuan, which decreased by 2,382.4 billion yuan year-on-year [1] Group 1: Service Trade Performance - Knowledge-intensive services are the main driver of China's service trade, with imports and exports totaling 22,705.9 billion yuan, a growth of 6.4% [1] - Knowledge-intensive service exports reached 13,177.6 billion yuan, growing by 9.2%, while imports were 9,528.3 billion yuan, increasing by 2.8%, leading to a surplus of 3,649.3 billion yuan, which expanded by 857.3 billion yuan compared to the previous year [1] Group 2: Professional Services and Travel - China's international recognition and market competitiveness in professional services continue to improve, with significant growth in high-end professional service exports, including technology services and intellectual property [2] - Travel service exports grew the fastest, reaching 16,372.5 billion yuan, an increase of 8.8%, with exports rising by 54.4% and imports by 2.7% [2] Group 3: Policy Impact and Future Outlook - The implementation of policies such as visa exemptions and tax refunds has significantly increased the number of travelers and the amount of tax refunds, with a 229.8% increase in travelers and a 97.4% increase in refund amounts year-on-year [3] - To maintain steady growth in service trade, it is essential to enhance policy implementation, industry support, and international cooperation, focusing on quality improvement in key export areas and digital transformation [3]

Core Viewpoint - The Ministry of Commerce, along with eight other departments, has issued a document titled "Several Policy Measures to Promote Service Exports," which includes 13 specific measures to provide comprehensive policy support for service exports [1][3]. Group 1: Policy Measures - The document outlines 13 policy measures focusing on financial support, process optimization, risk assurance, and market expansion to enhance service exports [1]. - Key areas of focus include optimizing the zero tax rate declaration process for service exports and improving the convenience of inbound consumption [3][5]. Group 2: Market Expansion and Regulatory Facilitation - The measures aim to break down barriers in personnel, capital, and data flow, thereby creating a more favorable environment for service exports [5]. - The document emphasizes the importance of expanding international market channels and enhancing the role of intermediary organizations in supporting enterprises to enter international markets [5][7]. Group 3: New Initiatives - New initiatives include encouraging the development of international data services and supporting enterprises in participating in domestic and international exhibitions [3][7]. - The focus on knowledge-intensive service sectors, such as digital services and intellectual property, is expected to enhance China's international competitiveness in service trade [3].

Core Viewpoint - The company has identified "technology + supply chain" as a core strategy for international expansion in 2023, focusing on providing a range of products and services to global clients [1]. Group 1 - The company is actively offering R&D design, production line design, technology licensing, and core components to international clients [1]. - The company has successfully established its business in various overseas markets, including Japan and Eastern Europe [1]. - As the business ecosystem matures, the company plans to offer comprehensive services including R&D, manufacturing, and sales to empower global clients in their electrification and intelligent transformation [1].

Core Viewpoint - Xiamen Jihong Technology Co., Ltd. (referred to as "Jihong Co., Ltd." 002803.SZ) has officially listed on the Hong Kong Stock Exchange, marking a significant milestone as the first A+H listed company in Xiamen and the fifth A-share company to list on the Hong Kong Stock Exchange this year [1][4]. Company Overview - Jihong Co., Ltd. was established on December 24, 2003, and was listed on the Shenzhen Stock Exchange on July 12, 2016. The company specializes in providing integrated services including marketing strategy, product design, process design, technical planning, transportation, and logistics [5]. - The company operates 10 large packaging production bases across China and has established close partnerships with clients such as Yili and Luckin Coffee. In 2022, it was ranked 5th among the "Top 100 Printing and Packaging Enterprises in China" by Printing Manager magazine [5]. IPO Details - The IPO involved a global offering of H-shares with a base issuance of 67.91 million shares, raising approximately HKD 519 million (around RMB 478 million). The funds will be used for overseas market expansion, technology development, and brand portfolio enhancement [4]. - Upon opening, Jihong Co., Ltd.'s shares surged to HKD 11 per share, a 43.23% increase from the issue price of HKD 7.68, and reached a peak increase of 52.34% at HKD 11.70 [1]. Business Performance - For the years 2022 to 2024, Jihong Co., Ltd. projected revenues of RMB 5.376 billion, RMB 6.695 billion, and RMB 5.529 billion, respectively. The cross-border e-commerce business is expected to contribute RMB 3.107 billion, RMB 4.257 billion, and RMB 3.366 billion, accounting for 57.8%, 63.6%, and 60.9% of total revenue [10]. - The company ranks second among B2C export e-commerce companies in China with a market share of 1.3% and holds the first position in the domestic paper packaging market for fast-moving consumer goods with a market share of 1.2% [10]. Future Plans - Jihong Co., Ltd. aims to expand its business footprint in Asia, particularly in Indonesia and Vietnam, while also planning to steadily enter the European market and explore high-growth potential regions in Latin America [11].