
Focus on industrial collaboration and promotion of innovative achievements to promote high-quality development in the Yellow River Basin
AI-generated summary
The Yellow River Basin Free Trade Pilot Zone Alliance aims to promote high-quality development and industrial collaboration in the provinces and regions along the Yellow River through a rotation mechanism and the sharing of innovative results.
China News Service, Jinan, October 26 (Lv Yan) The Yellow River Basin Free Trade Pilot Zone Alliance Industrial Collaboration and Linkage Matchmaking Conference was held in Jinan, Shandong Province on October 26, with the theme of "Gathering Free Trade Innovation Synergy to Empower Industry Level Up". The event aims to build an industry docking and experience exchange platform for free trade pilot zones and economic functional zones along the Yellow River Basin, promote cross-regional replication and promotion of free trade innovation results, promote precise cooperation in key industries, and inject new momentum into the high-quality development of the Yellow River Basin. Yuan Xiaoming, member of the Party Leadership Group of the Ministry of Commerce and Assistant Minister, and Wen Wen, deputy governor of the Shandong Provincial People's Government, attended the event and delivered speeches.
At the meeting, the 2026 Yellow River Basin Pilot Free Trade Zone Alliance joint innovation results and services to promote enterprise development were released. Among them, 19 joint innovation results were released focusing on the five major areas of mutual recognition of rules, logistics customs, industrial collaboration, digital empowerment, and people's livelihood services, covering innovative practices such as mutual recognition of certificates of origin verification, the joint development model of China-Europe freight trains, and the "indoor warehouse + outdoor storage yard" combined bonded warehouse model, striving to open up cross-regional collaborative blockade. points; at the same time, 19 services to promote enterprise development were released to meet the four needs of enterprises for overseas investment, shipping trade facilitation, scientific and technological innovation cooperation, and factor supply, covering platforms such as the "Shan Hai Jing" overseas comprehensive service port in Jinan area, Henan Foreign Culture and Trade Center and other carriers, providing enterprises with full-chain, integrated services.
In addition, the special research results on the innovation spillover effect of the free trade pilot zone were also released at the meeting. Meng Jun, deputy director of the Shaanxi Provincial Department of Commerce and deputy director of the Provincial Free Trade Office, shared innovation experience, and Hou Xiangjun, deputy director of the Shanxi Provincial Department of Commerce, shared his experience in replicating and promoting free trade innovation results. Relevant business leaders shared their experiences focusing on free trade innovation and empowering high-quality development of enterprises.
During the event, a special promotion meeting for the Yellow River Pilot Free Trade Zone Alliance, a special seminar on innovation spillover effects of the Pilot Free Trade Zone, and an industry matchmaking meeting for the Yellow River Pilot Free Trade Zone Alliance were also held. At the same time, we organized field surveys for participating representatives to visit key platforms and enterprises in the Jinan area of the China (Shandong) Pilot Free Trade Zone to gain an in-depth understanding of institutional innovation, industrial cultivation and platform construction, and to promote mutual learning of experience and win-win cooperation.
Guests at the meeting believed that since its establishment, the alliance has sought development for the river basin, explored new paths for opening up, promoted the sharing of innovative experiences, provided direct access to high-quality services, and formed a number of innovative results in aspects such as land and sea coordination, east-west mutual assistance, and upstream and downstream linkage. In the next step, all parties will work together to promote the Yellow River Basin from a geographical river corridor to a high-quality development channel with innovative collaboration, industrial symbiosis, openness and integration, and contribute more to serving the construction of a new development pattern and promoting ecological protection and high-quality development in the Yellow River Basin.
It is reported that according to the alliance’s annual rotation system, the Department of Commerce of the Inner Mongolia Autonomous Region will serve as the alliance’s rotating province (region) from 2026 to 2027.
AI outlook — possibilities, not facts
Inner Mongolia Autonomous Region will take over the alliance's rotating province in 2026.
Very likely · Within months

WuXi AppTec reported a 62.4% surge in net profit to 19.16 billion yuan for the first nine months of 2026. Driven by strong demand for drug development services, the company raised its full-year revenue forecast to between 61 billion and 61.9 billion yuan.

The People's Bank of China established the bond market non-bank large redemption swap facility (BNSF) to interrupt the cycle of redemptions and selling when the bond market fluctuates significantly and prevent systemic risks. This tool is only used in extreme liquidity risk situations and works with SFISF to build a non-bank emergency liquidity support mechanism.

The Bank of Korea warned that South Korea's economy is highly dependent on semiconductor exports. If U.S. technology giants reduce investment in AI, exports may drop by hundreds of billions of dollars next year. At present, South Korea's export growth is dominated by the semiconductor industry alone, while traditional industries perform weakly and fail to effectively drive youth employment.

The "World Openness Report 2026" will be released at the Shanghai Hongqiao International Economic Forum on November 5. The report adds chapters such as "China Opportunities 2.0", and for the first time incorporates global opinion polls into the calculation of the world openness index to explore issues such as future industries, green transformation and South-South cooperation.

According to data released by the Zhejiang Provincial Bureau of Statistics, the province's GDP in the first three quarters was 7,322.4 billion yuan, a year-on-year increase of 5.6%. Among them, high-tech manufacturing and artificial intelligence-related industries performed well, the service industry and the consumer market grew steadily, and the core industries of the digital economy became an important support.

At the 140th Canton Fair, the foreign trade of Christmas ornaments showed new trends: AI-generated creativity has become a new procurement channel, the demand for outdoor decorations has increased, and emerging markets have performed well. Enterprises are responding to the transformation of purchasing logic from pure price comparison to comprehensive strength competition through product innovation, folding design and supply chain optimization.