"未来3～5年科创综指相关产品规模和体量仍有巨大发展空间。" 2月10日，随着新股电科蓝天（688818.SH）上市，科创板上市公司总数达到603家，总市值达到11.44万 亿元。 截至目前，科创板逾390家公司以业绩预告或快报形式披露了2025年度预计业绩情况，占板块公司总数 的超六成；另有1家公司披露了科创板2025年度首份年报。从细分行业表现看，集成电路、生物医药行 业景气度回升。 科创综指为观察科创板整体情况和发展态势提供了全局性的视角。截至2月10日，科创综指样本数量达 580只，市值覆盖度超过90%，总市值高于100亿元的科创综指成份股权重占比较发布时提升15.1%。 东吴证券首席经济学家、研究所联席所长芦哲对第一财经称，预期未来3～5年，科创板总市值有望翻 倍，科创综指将同步成长为"万亿级产品规模、千亿级日成交"的核心宽基指数，不仅与沪深300、创业 板指并驾齐驱，更可能率先完成"本土指数—跨境ETF—全球定价"的三级跳，成为中国科技创新实力对 外展示的"首张名片"。 391家公司"交卷"，六成预增 目前，科创板上市公司数量合计603家，包括61家未盈利企业、9家特殊股权架构企业、7家红筹企业、 ...

Core Viewpoint - The Chinese government is taking significant steps to protect the rights of new employment form workers by implementing administrative guidance for companies like Meituan, Taobao, and JD, emphasizing the importance of labor management and worker rights protection [1][2]. Group 1: Administrative Guidance and Labor Rights - The Ministry of Human Resources and Social Security, along with other departments, has initiated administrative guidance for 16 companies to ensure they fulfill their labor responsibilities and improve labor management [1]. - The administrative guidance focuses on standardizing employment contracts, ensuring algorithm fairness, and guaranteeing workers' income, rest rights, and social security [1][2]. - As of August 2025, there are approximately 84 million new employment form workers in China, accounting for 21% of the total workforce, highlighting the need for enhanced rights protection for this large group [1]. Group 2: Special Actions and Regulatory Measures - A six-month special action was launched in May 2025 to enhance labor rights protection for new employment form workers, resulting in inspections of 79,000 companies and addressing 14,000 violations [2]. - The ongoing administrative guidance will remain a crucial tool for maintaining labor rights, with a focus on collaborative governance and establishing a regular regulatory mechanism [2]. Group 3: Legislative and Algorithmic Focus - There is a need to strengthen legislation to keep pace with the evolving employment forms in the platform economy, as current labor laws are lagging behind [3]. - The government plans to develop a "Basic Rights Protection Measures for New Employment Form Workers" to clarify labor standards and corporate responsibilities, providing a stronger legal basis for administrative guidance [3]. - The focus on algorithm governance is critical, as platform companies may manipulate algorithms to their advantage, affecting workers' earnings and rights [4]. Group 4: Social Security and Data Monitoring - The government aims to expand occupational injury insurance coverage and improve social security measures for new employment form and flexible workers over the next three years [4]. - There is an emphasis on using big data to monitor employment scales, forms, responsibilities, and income changes to support effective administrative guidance [4]. Group 5: Collaborative Efforts and Legal Framework - Strengthening administrative guidance is part of a broader effort to ensure the rights of workers in new employment forms, requiring collaboration with legal measures such as public interest litigation [5]. - Continuous improvement of laws and regulations, along with clear focus areas, is essential for the effective governance of new employment forms [5].

加强用工行政指导和检察机关公益诉讼等刚性监督措施协同发力。 近日，人力资源社会保障部会同中央社会工作部、中央网信办等6部门就维护新就业形态劳动者权益， 对美团、淘宝闪购、京东秒送等16家企业开展用工行政指导，要求有关企业全面落实用工主体责任，持 续改进劳动管理，切实保障好新就业形态劳动者权益。 今后，对企业开展用工行政指导仍然是维护劳动者权益的重要手段。并且，要着力强化协同治理，健全 常态化监管机制。这次7部门联合进行用工行政指导就充分体现出协同管理。 而要充分运用好用工行政指导这一政策工具，一方面要强化立法。 政府通过制定和实施相关法律法规，指导企业规范用工，对维护劳动者合法权益、促进劳动关系和谐稳 定具有重要意义。新就业形态方面的用工行政指导主要内容包括：用工合同规范、算法平等规范、劳动 者收入及休息权等保证和社会保障等。 新就业形态主要集中在平台经济相关领域。但由于平台企业用工形式新、新就业形态劳动者就业方式 新，且在不断发展变化，现行劳动法律滞后于企业用工方式变化，劳动者在法律层面的权益保障不足， 企业规避用工责任也就有了空间。 根据2025年8月发布的全国总工会第九次全国职工队伍状况调查结果，我国新 ...

近日，人社部会同中央社会工作部、中央网信办等七部门，对美团、淘宝闪购、京东秒送、顺丰同城、 滴滴、货拉拉等16家平台企业开展用工行政指导。会议要求有关企业全面落实用工主体责任，持续改进 劳动管理，切实保障好新就业形态劳动者权益。这条新闻没上热搜，但影响的人超过8400万。 新就业形态劳动者，就是那些骑着电动车送外卖的，开着车跑网约车的，骑着三轮车送快递的，在直播 间里卖货的，还有给货运平台开车的等。2023年第九次全国职工队伍状况调查结果显示，全国新就业形 态劳动者已达8400万人，占职工总数的21%。如果算上灵活就业人员，这个数字超过2.4亿。你身边一 定有这样的人。可能是你刚毕业暂时没找到工作的表弟，可能是你辞职后过渡期的同学，可能是你退休 后想再赚点钱的父亲，也可能是你那个说"先跑两年外卖再说"的室友。 这些人支撑起了城市的基本运转。没有他们，你点的外卖不会准时送到，你网购的包裹不会当天到达， 你深夜加班后打不到车回家。特殊时期，他们是"保供"的重要力量。平时，他们是"即时满足"消费习惯 的底层支撑。他们的劳动价值不需要论证，没有他们，平台经济就是空中楼阁。 但现实中，他们的处境并不太好。首先是劳动关系 ...

Core Viewpoint - The article emphasizes the importance of protecting the rights of new employment form workers and the social responsibilities of platform companies, highlighting that cost-cutting should not come at the expense of labor rights [1][4][6]. Group 1: Current Situation of New Employment Form Workers - There are currently 84 million new employment form workers in China, accounting for 21% of the total workforce, and this number exceeds 240 million when including flexible employment [1][2]. - These workers are essential for urban operations, providing timely delivery services and supporting consumer habits, especially during critical times [2][6]. Group 2: Challenges Faced by Workers - Workers face difficulties in labor relationship recognition, as many platforms do not sign contracts directly with them, opting for third-party outsourcing or individual business registrations [2][3]. - There is insufficient social security coverage, with many workers lacking essential protections like work injury insurance [2][3]. - The use of algorithms by platforms leads to exploitation, as workers have no control over their assignments and routes [2][3]. - Income instability is prevalent, with platforms having the ability to adjust pay rates without workers' input, limiting their bargaining power [2][3]. - High risks of occupational injuries exist, particularly for delivery workers who are often involved in traffic accidents [2][3]. Group 3: Recommendations for Improvement - Companies should ensure contracts are signed to clarify rights and obligations, avoiding loopholes that obscure employment relationships [4]. - Social security contributions, including work injury insurance, should be mandatory, with flexible payment options explored [4]. - Timely and full payment of wages must be enforced, ensuring that piecework pay meets local minimum wage standards [4]. - Safe working conditions should be prioritized, including compliance with safety standards for vehicles and appropriate measures during adverse weather [4]. - Workers' rights to rest must be protected, with regulations on maximum working hours established [4]. - Establishing unions for new employment form workers is crucial for collective bargaining and rights protection [4]. - A streamlined dispute resolution mechanism should be implemented to lower barriers for workers seeking to assert their rights [4]. Group 4: Societal Attitude and Regulatory Signals - There is a need to change societal perceptions of new employment form workers, recognizing their contributions and ensuring their dignity as workers [5]. - The recent administrative guidance from seven government departments to 16 platform companies signals a heightened regulatory focus on protecting the rights of these workers [6].

Core Insights - The introduction of digital RMB smart contracts for wage payments to migrant workers represents a significant innovation in ensuring timely and full salary disbursement, addressing long-standing issues in traditional payment methods [1][2]. Group 1: Digital RMB Smart Contracts Implementation - The first nationwide implementation of digital RMB smart contracts for migrant worker salary payments occurred in Chengdu, providing a new pathway to solve wage payment challenges in the construction sector [1][2]. - The digital RMB smart contract system allows for automatic salary disbursement, targeted fund allocation, and full traceability, effectively mitigating concerns related to wage payments [2][3]. Group 2: Technological and Collaborative Innovations - The successful application of digital RMB smart contracts in wage payments is attributed to collaborative efforts and technological innovations, with the Bank of Communications facilitating the process through a dedicated digital RMB wallet and smart contract system [2][3]. - The "Anxin Zhu" platform developed by a local company provides accurate business data, enhancing the precision of wage payments and addressing issues such as mismanagement and lack of transparency in traditional payroll systems [3]. Group 3: Broader Applications and Future Prospects - Digital RMB smart contracts have been piloted in various fields beyond wage payments, including prepaid fund management and supply chain finance, with a total of 486,400 contracts signed and a transaction amount of 316 million yuan as of January 2026 [4]. - The smart contracts can automatically execute fund transfers based on predefined conditions, ensuring that funds are used appropriately and reducing the risk of misuse [5][6]. - Future applications of digital RMB smart contracts are expected to expand, with ongoing innovations aimed at enhancing financial services and governance, supported by the establishment of blockchain service platforms [6].

恒生指数涨0.65%，恒生科技指数涨0.82%。泡泡玛特、网易均涨超2%，阿里巴巴、中芯国际均涨超 1%。 (本文来自第一财经) ...

兴福电子涨2.71%，报56.76元/股，股价再创新高，总市值突破204.33亿元，成交额达1.00亿元。（AI生 成） ...

国际复材涨2.97%，报10.04元/股，股价再创新高，总市值突破378.59亿元，成交额达7.25亿元。（AI生 成） ...

Group 1 - The stock price of Changying Tong increased by 4.6%, reaching 67.8 yuan per share, marking a new high [1] - The total market capitalization of the company surpassed 8.731 billion yuan [1] - The trading volume amounted to 197 million yuan [1]