Home » Economic data released in August before Foshan’s promotion to megacity, Guangdong Province

Economic data released in August before Foshan’s promotion to megacity, Guangdong Province

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Foshan has been promoted as a mega city, Guangdong Province’s economic data for the first August are released, and it will be transnational in 2021Company investmentThe Guangdong Annual Conference will be held in Guangzhou, and the Ministry of Finance will issue 8 billion yuan of government bonds in Hong Kong.

1. Government affairs

  Foshan has been promoted to a megacity!

The latest issue of “Qi Shi” magazine published the “Statistical Charts of Economic and Social Development: The Basic Situation of the Population in Very Large and Mega Cities in the Seventh National Census” of the National Bureau of Statistics. According to the seventh national census data, there are megacities (sorted by urban population): Shanghai, Beijing, Shenzhen, Chongqing, Guangzhou, Chengdu, Tianjin; megacities are (sorted by urban population): Wuhan, Dongguan, Xi’an, Hangzhou, Foshan, Nanjing, Shenyang, Qingdao, Jinan, Changsha, Harbin, Zhengzhou, Kunming, Dalian.

According to the National Bureau of Statistics, cities with an urban resident population of more than 10 million are megacities, and cities with an urban resident population of more than 5 million and less than 10 million are megacities. According to this statistics, the permanent population of Foshan City is 8.54 million. The urban area refers to the area under the jurisdiction of the residents committee and other areas to which the actual construction of the district and city government resident is connected in the municipal area and the city without districts, excluding towns and villages.

  2021 Multinational Corporation Investment Guangdong Annual Conference will be held soon, Guangdong encourages multinational companies to set up regional headquarters policy and then upgrade

The 2021 Multinational Investment Guangdong Annual Conference will be held in Guangzhou from September 27th to 29th.It is reported that this annual meeting lasts for 3 days.Online and offlineA total of 24 exchange activities were organized and arranged in a combined manner. Up to now, more than 300 people from more than 200 multinational companies and institutions in China from 16 countries and regions including Japan, South Korea, the United States, the United Kingdom, and Germany have participated in the conference, including Siemens, Panasonic, General Electric,Exxon MobilProcter & Gamble,modern,JohnsonWaiting for the world’s top 500 companies. Guangzhou, Shenzhen, Foshan, Dongguan and other cities will hold rail transit, biomedicine, new energy, digital economy,digital informationAnd other topic sub-forums.

In order to encourage multinational companies to set up headquarters-type enterprises in Guangdong, during the annual meeting, the Guangdong Provincial Department of Commerce will formally release the revised version of Guangdong Province’s Measures for Encouraging Multinational Companies to Set up Regional Headquarters. The revised version will further relax the entry barriers and optimize the identification standards for the regional headquarters of multinational companies. For example, the total assets of the parent company of the regional headquarters will be relaxed from US$300 million to US$200 million, and the requirements for paid-in registered capital and the number of enterprises under management will be cancelled. The headquarters must be restricted to a sole proprietorship.

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  Foshan Shunde issued the detailed rules for the certification of listed reserve companies to create an echelon of listed reserve companies

On September 22, the “Implementation Rules for the Recognition of Listed Reserve Companies in Shunde District” was officially promulgated. Shunde will fully excavate the companies to be listed through processes such as active excavation, enterprise declaration, territorial recommendation, organization review, and deliberation and confirmation, and build a reserve company for listing in the region Cultivate echelon.

Relying on the capital market cultivation system of Shunde District, the recognized reserve companies for listing will be divided into three categories. The first category is listed reserve companies (employees), which are companies that have applied for the guidance and filing of the Guangdong Securities Regulatory Bureau or submitted listing applications; the second category is Listed backup companies (Tianyi companies) are companies that are planning to go public that have applied for the guidance of the Guangdong Securities Regulatory Bureau or submitted listing applications within two years; the third category is other listed companies (seed companies). Shunde will rely on the “Listed Reserve Enterprise Cultivation Period” system to carry out the entire process and the entire chain of cultivation and services for enterprises. The entire cultivation period will be six years.

  Huizhou encourages cross-border e-commerce development covering platform, enterprise, and park construction

On September 22, the Huizhou Municipal People’s Government issued the “Huizhou City’s Several Measures to Encourage the High-Quality Development of Cross-border E-commerce” to establish cross-border e-commerce service platforms, cultivate cross-border e-commerce business entities, and develop cross-border e-commerce industry clusters. The five major parts of cross-border e-commerce supply chain industry supporting development, cross-border e-commerce talent cultivation and cooperation and exchanges put forward 13 supporting measures.

Among them, for third-party online function platforms that provide supporting services, successfully docking with Huizhou City’s cross-border e-commerce public service platform, and the annual transaction volume reaches 10 million US dollars, a one-time financial support will be given according to the transaction volume of 2‰. Each platform project does not exceed RMB 200,000; guide small and micro enterprises to register and file on the Huizhou City’s cross-border e-commerce public service platform. For micro-enterprises, one-off financial support of no more than 40,000 yuan, 80,000 yuan, and 200,000 yuan will be given respectively.

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2. Technological innovation

  National 5G+ medical and health application pilot project launched in Shunde, Foshan

On September 23, the launch ceremony of the 5G+ medical and health application pilot project of the National Health Commission and the Ministry of Industry and Information Technology and the signing ceremony of the memorandum of cooperation between Ronggui Sub-district Office and Ping An Health were held in Shunde Hospital, Foshan, Jinan University. The hospital’s “Internet-based medical 5G+ primary health management service system construction” project will use 5G networks in the future to realize security information sharing and interconnection between institutions, and further promote the overall integration of prevention, treatment, and management of key populations. In addition, this project will also provide more solid medical insurance for more elderly people to provide for their care at home.

It is reported that through the establishment of a “four-in-one” health management system of tertiary general hospitals, secondary hospitals, primary health institutions, and homes, the project uses 5G networks to achieve security information sharing and interconnection between institutions, thereby promoting the prevention of key populations. The integration of governance, governance and management. Eventually, a service chain of prevention-treatment-rehabilitation-long-term care will be formed to achieve the goal of improving the health of residents. The pilot project will be completed in 2023.

3. Economic operation

  Guangdong Province’s economic data released in the first eight months of the year, the industry has increased by 14.4% year-on-year

On September 22, the Guangdong Provincial Bureau of Statistics released economic data for the first August of this year.From January to August this year, Guangdong Province above designated sizeIndustrial added value2.32 trillion yuan, an increase of 14.4% year-on-year, an average growth rate of 5.6% in two years.Investment in fixed assetsThe amount increased by 11.7% year-on-year, an average increase of 7.8% over the two years.The total retail sales of social consumer goods2.88 trillion yuan, an increase of 15.3% year-on-year, and an average increase of 1.5% in two years.import and exportThe total amount was 5.24 trillion yuan, an increase of 19.6% year-on-year, and an average growth rate of 7.6% over the two years. Investment in advanced manufacturing and high-tech manufacturing increased by 23.4% and 21.8% year-on-year respectively, and investment in the Internet and related services in the field of new infrastructure increased by 127.2% year-on-year.

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4. Social conditions and people’s livelihood

  Guangzhou International Shopping Festival will start on September 29

The Guangzhou International Shopping Festival will be launched on September 29. The main venue will be located in Tianhe District. With Tianhe Road as the core business district, it will drive nearly 4,000 merchants from 25 commercial carriers in other business districts in the district and jointly launch a series of 100 shopping festivals. Consumer experience activities. In July this year, Guangzhou was approved by the State Council and was selected as one of the first batch of international consumption center cities in the country. The Tianhe Road business district is one of Guangzhou’s core business districts for building an international consumption center city. Since 2012, the Guangzhou International Shopping Festival has been held for ten consecutive years this year.

V. Hong Kong and Macau dynamics

  Ministry of Finance issues 8 billion yuan of government bonds in Hong Kong

On September 23, the Ministry of Finance issued a tender for institutional investors in the Hong Kong Special Administrative Region to issue the first 8 billion yuan of government bonds in 2021.Among them, the 2-year term is 5 billion yuan, the subscription multiple is 3.08 times, and the issuanceinterest rate2.41%; 5-year term of 2 billion yuan, subscription multiple of 3.3 times, issuanceinterest rate2.50%; 10 years of 1 billion yuan (Additional issuance, The coupon rate is 4.15%), the subscription multiple is 2.56 times, and the issue price is 112.87 yuan, which is equivalent to a yield of 2.6986%.

With the approval of the State Council, in 2021, the Ministry of Finance will issue a total of 20 billion yuan of government bonds in the three phases of the Hong Kong Special Administrative Region. According to the issuance arrangement, 6 billion yuan of government bonds will be issued in October and November this year.

The person in charge of the Ministry of Finance stated that the scale of RMB deposits in Hong Kong has steadily increased since the beginning of this year. Considering that the stock of RMB treasury bonds has matured at 21.4 billion yuan, the issuance of 20 billion yuan this year is an increase of 5 billion yuan over previous years, which satisfies the market well. The demand also reflects that the central government continues to increase its support for Hong Kong.

 

(Source: 21st Century Business Herald)

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