
Wuzhou, Guangxi will focus on strengthening the port hub, expanding port-side industries, broadening open space, and accelerating the construction of the first city to link the "two bays".
Wuzhou, Guangxi held a press conference in Nanning and announced that it would seize the "two-way sea" opportunities brought by the navigation of the Pinglu Canal and make efforts from aspects such as port hubs, port-side industries, and open spaces to accelerate the construction of the first city linked to the Guangdong-Hong Kong-Macao Greater Bay Area and the Beibu Gulf Economic Zone.
AI-generated summary
As a major water conservancy and shipping project, the Pinglu Canal will open up a new channel for Guangxi and southwest regions to enter the sea through the Beibu Gulf.
China News Service, Nanning, November 4 (Zhang Guangquan) The Information Office of the People's Government of the Guangxi Zhuang Autonomous Region held a press conference in Nanning on the 4th to introduce that to seize the "two-way sea" opportunity brought by the navigation of the Pinglu Canal, Guangxi Wuzhou will focus on strengthening the port hub, expanding port-side industries, broadening open space, and accelerating the construction of the first city linked to the "Two Bays" (Guangdong-Hong Kong-Macao Greater Bay Area and Beibu Gulf Economic Zone).
Wuzhou Mayor Tan Xiuhong said that after the Pinglu Canal is opened to navigation, Wuzhou will promote the intelligent upgrade of the port operating area, open up a new river-sea intermodal transport channel from the Xijiang River to the Beibu Gulf, and stably operate five scheduled liner services from Wuzhou to Guangzhou, Hong Kong and the Beibu Gulf, forming a two-way sea channel going east directly to the Pearl River Delta and southward through the Pinglu Canal to the Beibu Gulf. We strive to have Wuzhou Port’s cargo throughput exceed 200 million tons by 2030, and build 31 new berths over 1,000 tons in the next five years.
Currently, Wuzhou is expanding and strengthening its primary industry of recycled metal materials. Lei Chaochao, deputy mayor of Wuzhou City, said that about 70% of Wuzhou's recycled raw materials come from the Guangdong-Hong Kong-Macao Greater Bay Area, and 60% of the products are sold to the Guangdong-Hong Kong-Macao Greater Bay Area. Now coupled with the new ASEAN raw material channel brought by the Pinglu Canal, the resilience of raw material security and the breadth of market radiation continue to increase. From January to September this year, the industrial output value of Wuzhou's recycled metal materials industry reached 66.1 billion yuan (RMB, the same below), a year-on-year increase of 19.7%.
Qin Yuanzhen, executive deputy mayor of Wuzhou City, said that during the "15th Five-Year Plan" period, Wuzhou planned and reserved 795 major projects with a total investment of more than 650 billion yuan. In terms of logistics infrastructure, the focus is on opening up two-way sea channels, building multimodal transport systems and smart terminals, and reducing corporate logistics costs.
In terms of open platforms, the Guangdong-Guangxi Cooperation Special Pilot Zone will strive to become China’s national-level high-tech industrial development zone. Wuzhou Comprehensive Bonded Zone will build a demonstration park for the import and processing of recycled metal raw materials in China, strengthen the bonded remanufacturing pilot of auto parts, and build Guangxi's leading inland river bulk goods import and export distribution center.
Ma Xiuming, member of the Standing Committee of the Wuzhou Municipal Party Committee and Minister of the Publicity Department, said that Wuzhou will activate intangible cultural heritage resources such as Liubao Tea, Cantonese Opera, and Lion Dance to deepen cultural exchanges and cooperation with the "Two Bays"; promote "Guangdong and Guangxi Tours in Wuzhou" and "Bay Area Tours in Wuzhou" to promote cultural and tourism exchanges and sharing with the "Two Bays".
AI outlook — possibilities, not facts
Wuzhou Port cargo throughput will exceed 200 million tons by 2030
Likely · Within months

PCB and semiconductor equipment manufacturer Zhisheng announced that it will acquire Vision Automation through the issuance of new shares, and its shareholding ratio will increase from 20.7% to 75.06%. This move aims to integrate software technology platforms and strengthen the competitiveness of the G2C+ alliance in advanced packaging process equipment. The base date for the stock exchange is tentatively scheduled for January 4, 2027.

The cold wave has gradually ushered in the peak consumption season for down products, but chaos such as "silk instead of down" and "false marking of down content" have appeared in the market. The China Down Industry Association and industry insiders call on people to be wary of low-price traps. With the implementation of new national standards and the establishment of a traceability system, multiple parties are working together to build a line of defense for trust.

Fitch Ratings raised Shin Kong Life's financial strength rating to "BBB+", its long-term issuer default rating to "BBB", and its outlook from "Ratings Observation Developing" to "Stable", affirming its financial health and profitability after the merger.

A large-scale abnormal account transfer incident occurred at Wing Fung Bank, with 418 customers affected and 427 abnormal transactions totaling NT$41.76 million remitted. Chairman Cao Weishi and General Manager Zhuang Mingfu held a press conference in the evening to publicly bow and apologize, saying that all the money had been returned and that they would seek an external security team to investigate and seek compensation from the system supplier.

The AI wave has boosted the semiconductor industry, and Broadcom and TSMC are both beneficiaries. Foreign media analysis pointed out that TSMC not only has stronger revenue and profit growth, but also has a more sound financial structure and a relatively cheap valuation. It has achieved the best balance between growth, valuation and risk, making it an AI concept stock worth buying in the year 2027.

The Hainan Free Trade Port's duty-free policy for value-added processing has ushered in new adjustments, and its applicable scenarios have expanded from "second-tier" sales to the mainland to "inland sales." Wante Pharmaceutical is the first sales business on the island after completing the new policy. The industry believes that this move will open up the circulation channel of the industrial chain on the island, reduce corporate operating costs and attract corporate layout.