What are the important signals released by the Yangtze River Delta | Lujiazui Forum in 1 week? Yiwu merchants receive American Christmas orders in advance.
[Hot News]
Lujiazui Forum focuses on open cooperation, and the "top leader" of financial supervision releases many heavy signals.
The 2025 Lujiazui Forum was held in Shanghai from June 18th to 19th with the theme of "Financial Open Cooperation and High-quality Development in the Global Economic Change". During the "Opening Ceremony and Plenary Session I" of the Forum, a number of top financial regulators delivered speeches respectively, conveying heavy policy signals, including: Pan Gongsheng, Governor of the People’s Bank of China; Zhu Hexin, Deputy Governor of the People’s Bank of China and Director of the State Administration of Foreign Exchange; Li Yunze, Director of the General Administration of Financial Supervision; and Wu Qing, Chairman of the China Securities Regulatory Commission.
At the same time, a package of favorable policies has been announced one after another, fully demonstrating the determination to deepen reform and serve the real economy. For example, Zhu Hexin mentioned the pilot project of green foreign debt policy and the new QDII investment quota. Wu Qing said that he would launch six innovation measures in science and technology innovation board, including introducing a senior professional institutional investor system for enterprises applying the fifth set of standards of science and technology innovation board, piloting an IPO pre-review mechanism for high-quality technology enterprises, expanding the application scope of the fifth set of standards, and supporting the application of enterprises in more frontier science and technology fields such as artificial intelligence, commercial aerospace and low-altitude economy.
Science and technology innovation board welcomes a new round of reforms, and the "1+6" rules are released.
On June 18th, the CSRC issued the Opinions on Setting up a Science and Technology Growth Layer in science and technology innovation board to Enhance the Inclusiveness and Adaptability of the System, among which, science and technology innovation board Science and Technology Growth Layer was set up, which is a technology-based enterprise with great breakthroughs in key service technologies, broad business prospects and large investment in continuous R&D, but it is still in the unprofitable stage. All unprofitable scientific and technological enterprises are included in the growth layer of science and technology, and the conditions are transferred to implement the new and old cuts.
Tian Xuan, president of Tsinghua University National Institute of Finance and vice president of Wudaokou Institute of Finance, believes that setting up a science and technology growth layer is of great significance. The growth layer has broken through the past requirements and restrictions on the scale and profit of the enterprises to be financed, and can not only provide more accurate financing platform for science and technology innovative enterprises according to the characteristics of science and technology enterprises such as light assets, high R&D investment and uncertain future income; It can also attract social capital to focus on the field of scientific and technological innovation, guide funds to flow from traditional industries to science and technology industries with high added value and development potential, accelerate the transformation of scientific and technological achievements, and promote the optimization and upgrading of industrial structure.
Yiwu merchants received Christmas orders from the United States in advance. What is the foreign trade demand?
"The orders of major American customers have basically been filled in early June." Wu Qingfen, general manager of Yiwu Jingwen Import & Export Co., Ltd. told CBN that the recent wave of giving priority to the United States has achieved remarkable results. In addition, "there were several unexpected orders, thinking that they would not be placed until the time, and the results were all placed in advance." These orders include not only ordinary socks, but also decorative socks for the Christmas season. This also means that compared with previous years, this year’s Christmas shopping season is nearly two months ahead of schedule.
There is a factor behind the "90-day window period" of tariffs-it has been one month since it was opened on May 12; However, Wu Qingfen also said that not only in the United States, but also because of the long shipping time and other factors, almost all global merchants place orders in advance; It is time and certainty that grab orders, and the demand itself is not obviously affected by tariffs. The sharp advance of the Christmas season of foreign trade is the epitome of the market’s response to uncertainty, and it is also an example that China manufacturing is hard to be replaced in the world.
Su Chao’s noodles are "crazy"! Sponsors have proliferated, aircraft smoke shows have soared, and Navy 13 ships have helped out.
In 2025, the fourth round of Jiangsu City Football League continues to heat up, and Jiangsu "Thirteen Pacific Insurance" still shows its magic power, extending "showing muscles" from the stadium to various fields they can think of. From the launch of thousands of unmanned aerial vehicles in Nanjing to the home of Yangzhou, aircraft formations appeared to cheer, from Suzhou, David Beckham was invited to shout "Come on Suzhou" to Yancheng, and Han Lei was asked to tailor a "theme song of the city" … Some netizens laughed and said that the arrangement and popularity of the "Su Chao" match were catching up with the "Super Bowl".
The economic benefits that "Su Chao" will incite should not be underestimated. As an amateur league, "Su Chao" only had six sponsors in the first round, but as of press time, the number of sponsors has reached 20, which is more than three times that at the beginning of the game. Among them, there are many industry giants and well-known brands. Under the attention of high traffic, the sponsor seats of "Su Chao" are "hard to find".
["40+1" new policy and new trends]
The Action Plan on Supporting the Construction of Shanghai International Financial Center was released
The Action Plan for Coordinated Development of Shanghai-Hong Kong International Financial Center was released.
The new policy of Shanghai science and technology insurance has injected new kinetic energy into the construction of international science and technology innovation center.
Shanghai opened the first direct flight to Geneva, and the number of navigation points from Shanghai to European cities increased to 15.
Hangzhou: "Detailed Rules for the Implementation of Building an International Consumer City with" Enjoy, Buy and Retreat "for public comments.
Stabilizing the currency and reconstructing the cross-border payment paradigm, Yiwu Commodity City "will actively evaluate and submit the relevant license application as soon as possible"
Quzhou: Implementing improved housing subsidies for families with many children, with a maximum subsidy of 200,000 yuan.
(Click on the title to view the full text)