The State Administration for Market Regulation of China announced on the 29th that in 2025, it will review a total of 706 cases of concentration of business operators, an increase of 9.8% over the previous year, of which 687 cases will be unconditionally approved. From an industry perspective, by 2025, investment in high-tech manufacturing industries such as automobiles, chemical raw materials, general equipment, and pharmaceuticals will be active, while investment in software and information technology will continue to be strong. From the perspective of transaction amount, the total amount of unconditionally approved centralized transactions by operators exceeds 3 trillion yuan (RMB, the same below), of which 213 transactions with transaction amounts ranging from 100 million yuan to 1 billion yuan, accounting for about 31.0%; 187 concentrated cases ranging from 1 billion to 10 billion yuan, accounting for approximately 27.2%; There are 59 concentrated cases ranging from 10 billion to 100 billion yuan, accounting for approximately 8.6%; There are three centralized transactions with a total value of over 100 billion yuan, with the highest transaction amount being 373.55 billion yuan. From the perspective of industry distribution, the manufacturing industry has the highest concentration of 247 cases, accounting for approximately 36.0%, with the most active investment; The production and supply of water, electricity, gas, and heat are second, accounting for 74 pieces, about 10.8%; Other industries with high transaction volumes include finance, transportation, wholesale and retail, information technology services, real estate, leasing business services, etc. From the perspective of manufacturing industry segmentation, the most concentrated quantity involved in automobile manufacturing is 41 pieces, accounting for approximately 16.6% of the total manufacturing industry. Other sub sectors with high transaction volumes include chemical raw material and chemical product manufacturing, electrical machinery and equipment manufacturing, general equipment manufacturing, non-ferrous metal smelting and rolling processing, computer and electronic equipment manufacturing, pharmaceutical manufacturing, specialized equipment manufacturing, etc. From the perspective of the registered location of enterprises, the companies participating in the concentration of operators come from more than 30 countries and regions around the world, and the concentration of overseas enterprises mainly involves countries such as Japan, the United States, the United Kingdom, Singapore, and France. Within China, Beijing, Jiangsu, Guangdong, Zhejiang, and Shanghai are the top five provinces (cities) in terms of the number of registered centralized enterprises. (New Society)