岛岬交错，海屿星罗，浙江台州的海岸线绵延700.5公里，占浙江全省三分之一。向海而生、因海而 兴，"赶海"早已融入这座城市的发展基因。 闻潮而动—— "从无到有下好先手棋" "研发需要算力，如果我们把项目落在黄岩，你们能否提供购买算力的经费？"赴北京考察时，企业提出 的疑问，让台州市黄岩国有资本投资运营集团有限公司党委委员沈鑫记忆犹新。 400P算力，相当于20万台高性能计算机同时运行。浙东南智算中心驾驶舱显示大屏上，算力负载状 态、算法状态、能源效率等数据图表实时更新，屏幕中央橙色矢量线从黄岩向全国延伸，勾勒出一 幅"算力版图"。 硬件成型，政策跟进。黄岩区经济信息化和科学技术局数字经济科科长王瑜说，产业园开园之初，算力 产业支持政策已同步启动论证。2025年7月，《黄岩区支持算力产业高质量发展若干政策（试行）》正 式出台，推出"算力券""模型券"，用真金白银鼓励企业开展技术创新。 这里是民营经济的重要发源地。连续5年，台州"新春第一会"上，受邀民营企业家稳坐头排。新能源汽 车、医药健康、高端装备（工业母机）、低空经济（空天产业）、具身智能（机器人）……台州集聚了 2个千亿元级产业集群、32个百亿元级县域产 ...

Core Viewpoint - The implementation of mandatory housing inspections is a necessary response to the aging of urban residential buildings, with a significant increase in the proportion of buildings over 30 years old expected in the coming decades [1][2]. Group 1: Current Status and Implementation - At least 22 cities in China have initiated pilot programs for housing inspections, with a collaborative approach involving housing inspections, housing pensions, and housing insurance [1]. - By 2024, it is projected that 35% of buildings in China will be over 30 years old, potentially rising to nearly 80% by 2040, highlighting the urgency of addressing safety risks associated with aging structures [1]. Group 2: Challenges and Recommendations - The housing inspection initiative is still in the pilot phase, facing challenges such as unclear pricing mechanisms, quality standards, and a lack of professional talent and technical resources [2]. - To enhance the effectiveness of housing inspections, there is a need for unified technical standards, professional training, and encouragement of technological innovation to improve service quality [2]. Group 3: Funding and Sustainability - Sustainable funding is crucial for the success of housing inspections, with various cities exploring different funding models, including government funding, responsibility from property owners, and market mechanisms [2]. - Future efforts should focus on legalizing funding sources and standardizing usage procedures to ensure a stable and sustainable financial supply for housing inspections [2].

Group 1 - The core focus of China's modernization is on improving people's livelihoods, emphasizing high-quality employment, income distribution, social security, and public services [1][2][8] - During the "14th Five-Year Plan" period, the average standard of urban and rural subsistence allowances increased by 22.2% and 23.9% respectively compared to 2020, benefiting millions of people [2][3] - The coverage of basic pension insurance exceeded 1.06 billion people, and the basic medical insurance participation rate remained above 95%, indicating a robust social security system [2][3] Group 2 - The "15th Five-Year Plan" aims to balance efficiency and equity in income distribution, focusing on increasing the share of labor income and reducing income disparities between urban and rural areas [4][5] - Employment promotion is crucial, with a focus on guiding labor towards high-value and innovative sectors, addressing structural employment challenges [5][6] - The aging population presents a significant challenge, necessitating the development of a comprehensive and accessible elderly care service system [7][8]

Economic Outlook - The global economy is at a critical juncture, with a potential slowdown in recovery expected by 2026, characterized by weakening momentum, increased risks, and intertwined challenges [1] - The International Monetary Fund (IMF) predicts a decrease in global economic growth rate to 3.1% in 2026, down by 0.1 percentage points from 2025, with developed economies growing at 1.6% and emerging markets at 4.0% [2][4] Trade and Demand - Global trade faces significant challenges, with the World Trade Organization (WTO) forecasting a sharp decline in global goods trade growth from 2.4% in 2025 to 0.5% in 2026, nearly stagnating [2][3] - The contraction in global demand, particularly from North America and Asia, is a major drag on international trade, compounded by the rise of trade protectionism [3] Fiscal Policy - Global fiscal policies are expected to continue expanding, with IMF projecting fiscal deficits for developed economies to rise to 4.9% of GDP and 5.9% for emerging markets in 2026 [4] - Governments face challenges in fiscal consolidation due to weak economic growth and political pressures, leading to a gradual adjustment strategy [4] Monetary Policy - Central banks are entering a phase of highly differentiated and uncertain monetary policy paths, with the European Central Bank and Bank of Japan taking cautious approaches, while the Federal Reserve's policy direction remains a key source of global uncertainty [5] Financial Risks - The overall risk in international financial markets is rising, with interconnectedness heightening the potential for rapid risk transmission [6] - The erosion of the credit foundation of the US dollar and US Treasury bonds poses deep-seated threats to global financial stability, exacerbated by rising debt levels and pressures on monetary policy independence [7] Inflation Outlook - Global inflation is projected to decline in 2025, but uncertainties will increase in 2026, with IMF forecasting CPI growth rates of 4.2% globally, 2.5% for developed economies, and 5.3% for emerging markets [7] - Major economies, particularly the US, face potential inflation rebound risks due to previous unilateral tariff policies and political pressures for short-term economic growth [7] China's Economic Role - In 2026, China is expected to contribute approximately 30% to global economic growth, maintaining its role as a stabilizing force in the global economy [8]

灯会主题游同样备受青睐。元旦当天，成都千灯会、天津水西公园灯会等搜索量增长近两倍，成为假日 里的人气打卡项目。 "4小时高铁圈"也跑出短途旅游新活力。沈白高铁再迎客流高峰。美团旅行数据显示，元旦假期期间， 白山市文旅预订同比增长57%。其中，目的地为"长白山站"的火车票预订量同比增长110%。在长白山 的林海雪原间，来自长春市、沈阳市、延边朝鲜族自治州、哈尔滨市、吉林市的游客增多。他们乘坐交 通工具，2小时至4小时内抵达冰雪游目的地，轻松开启别样冰雪之旅。 此外，旅途中品尝"舌尖上的美味"已成为不可或缺的环节。元旦假期期间，"必吃榜"榜单流量整体同比 增幅达142%，其中异地流量同比增幅接近100%，美食经济为假日文旅消费注入强劲动力。 年轻人成为本地周边游新主力，游玩方式更趋深度化、多元化。"新年登高望远寄托期许""奔赴冰雪圣 地感受北国奇境""在博物馆知识跨年"……美团旅行数据显示，"95后"游客占比45%，哈尔滨冰雪大世 界为最受年轻人欢迎的冰雪景点，河南洛阳老君山风景名胜区为热门登山目的地。 除了传统的跨年方式外，"新潮跨年"也吸引了各地游客。广东省深圳小梅沙度假区在跨年夜推出"薪愿 绽放夜"沙滩跨年 ...

Group 1 - The core viewpoint emphasizes Taizhou's proactive approach in leveraging its manufacturing base and adapting to new opportunities in intelligent manufacturing [1][2] - The local government and enterprises are collaborating closely to mitigate risks and enhance service efficiency, ensuring that the needs and concerns of businesses are addressed promptly [1][2] - The concept of "mutual trust and active engagement" is highlighted as essential for attracting and retaining businesses, with a focus on a responsive service system that fosters long-term relationships [2] Group 2 - The development of industrial clusters is facilitated by leading enterprises sharing advanced technologies and management practices, creating a positive feedback loop that supports government efforts in attracting investments [2] - Taizhou's cultural ethos of harmony and cooperation is driving the collective efforts of local stakeholders to transition from a manufacturing hub to a stronghold of intelligent manufacturing [2]

Core Viewpoint - The current atmosphere for bank deposit acquisition is more rational compared to previous years, with state-owned banks adopting a more restrained approach and smaller banks utilizing non-price methods for attracting deposits [1][2][3] Group 1: Deposit Acquisition Strategies - Major state-owned banks are generally low-key in their marketing efforts, while many smaller banks are using physical rewards and promotional activities to attract deposits [1] - Smaller banks are offering slightly higher interest rates for new customers, such as 1.75% for a 3-year deposit, compared to the 1.55% offered by larger banks [1] - The overall deposit acquisition strategy is characterized by a focus on cost control and structural optimization rather than aggressive interest rate hikes [2][3] Group 2: Market Dynamics and Competition - The banking sector is experiencing a structural differentiation, with larger banks focusing on stabilizing costs and durations, while smaller banks exhibit varied responses based on regional competition [2][3] - Some smaller banks are slightly increasing interest rates for specific deposit terms to capture market share, while others are using promotional gifts to attract deposits [3][4] - The competitive landscape for smaller banks is challenging due to their limited brand influence and customer base, leading to a reliance on price competition [4] Group 3: Economic Environment and Regulatory Impact - The macroeconomic policy is expected to maintain a moderately loose monetary stance, which will keep market interest rates low and reduce the overall cost pressure on banks [4][5] - The average net interest margin for commercial banks has narrowed to 1.42%, with state-owned banks at 1.31% as of the third quarter of 2025 [5] - Regulatory measures are suggested to promote market-oriented deposit rate reforms and prevent irrational pricing competition among banks [5][6] Group 4: Long-term Strategies for Smaller Banks - To escape the cycle of high-interest deposit acquisition leading to reduced profitability, smaller banks need to shift from price competition to comprehensive service competition [5][6] - Developing unique products tailored to community needs, such as "retirement deposits" and "education savings," is essential for smaller banks to enhance their competitive edge [6] - Wealth management services are becoming increasingly important for banks to adapt to evolving customer needs and improve client loyalty [6]

Core Viewpoint - China's grain production reached 14,297.5 billion jin in 2025, an increase of 167.5 billion jin or 1.2% from the previous year, but challenges remain in ensuring food security due to long-term supply-demand imbalances and structural shortages [1][2][3] Group 1: Grain Production and Supply - Grain production is fundamental for food security, with stable production ensuring the Chinese population's food supply and supporting agricultural modernization and economic recovery [2] - The increase in grain production in 2025 is attributed to several factors, including an increase in sown area to 1.791 billion mu, a rise in grain yield to 399.1 kg/mu, and effective management of autumn grain production [2][3] - Despite high production levels, structural shortages persist, particularly in wheat and soybeans, indicating a need for enhanced agricultural production capacity and quality [3] Group 2: Price Stability and Market Dynamics - Maintaining reasonable grain prices is crucial for farmers' income, with the National Grain and Material Reserve Bureau implementing market-oriented purchasing and minimum price policies [4] - In 2025, grain purchases reached 8.3 billion jin, with around 450 million jin of wheat and rice purchased at minimum prices, stabilizing market expectations [4] - The prices of major autumn grain varieties have stabilized and increased, with notable rises in prices for high-quality rice and soybeans, leading to improved farmer incomes [6] Group 3: Challenges in Soybean Supply - The soybean market faces challenges with high dependency on imports despite domestic production increases, highlighting structural contradictions in supply [7][8] - The domestic soybean supply is characterized by a significant gap between production and processing needs, necessitating continued imports to meet demand [7] - Risks in soybean supply include resource competition, industry adaptation issues, and supply chain vulnerabilities, requiring coordinated efforts to enhance domestic production and diversify import channels [8]

Core Insights - The development of new energy vehicles (NEVs) is a crucial direction for the global automotive industry's green transformation, and it is essential for China to transition from a major automotive country to a strong automotive nation [1] Industry Growth - NEV exports from China increased by 62% year-on-year in the first 11 months of 2025, with a remarkable 156% growth in November alone, significantly outpacing the overall automotive export growth [1] - China has established itself as the world's largest automotive producer and seller, enhancing its global competitiveness in the automotive sector [1] - The domestic market shows a penetration rate of approximately 80% for Chinese brands in NEV retail sales as of November 2025 [1] - The infrastructure for electric vehicle charging has surpassed 19 million units, supporting the rapid development of the NEV industry [1] Challenges and Solutions - The industry faces challenges such as supply structure optimization, reliance on external procurement for key battery materials like lithium, cobalt, and nickel, and limitations in core technologies like automotive chips and operating systems [2] - To address these issues, the industry aims to enhance global competitiveness through policy improvements, technological innovation, brand strengthening, and risk mitigation [2] - Expanding demand will lead to optimized NEV supply, with measures including reducing consumption restrictions and improving tax systems for NEVs [2] Technological Innovation - There is a push for breakthroughs in solid-state batteries and efficient drive technologies to enhance safety and range in NEVs [3] - The focus is on strengthening independent research and development of automotive chips and operating systems to improve smart driving capabilities [3] - The integration of NEVs with artificial intelligence, new materials, and resource recycling is encouraged to enhance competitive advantages [3] Enterprise Development - The industry is implementing policies that emphasize quality and efficiency, guiding companies to focus on profitability, technological strength, and brand value [3] - There is support for leading enterprises to grow and increase industry concentration, as well as encouragement for capable companies to engage in global mergers and acquisitions [3] Risk Management - Companies are encouraged to enhance their ability to respond to trade barriers and external shocks, promoting orderly international expansion to avoid concentrated investments in a few countries [3]

Group 1 - The Ministry of Natural Resources has initiated pilot projects in six cities to test high-precision maps for intelligent connected vehicles, aiming to establish a standard system for autonomous driving maps [1] - Currently, L3-level and below autonomous driving map products are widely used in major cities, with some pilot cities supporting L3-level and above products, indicating a deepening application of maps in autonomous driving scenarios [1] - A comprehensive geographic base map has been created, integrating 24 types of natural resource information, marking a transition from a traditional geographic information service platform to a comprehensive natural resource service platform [1] Group 2 - The geographic information industry in China is experiencing robust growth, with an expected total output value exceeding 900 billion yuan by the end of the 14th Five-Year Plan, representing over 30% growth compared to the 13th Five-Year Plan [2] - A preliminary establishment of a three-dimensional real-world model supports the construction of a digital China, integrating technology and data from design to application [2] - The three-dimensional real-world model serves as a fundamental element for digital economy and smart cities, with nationwide coverage of terrain-level mapping and urban three-dimensional digital mapping [3] Group 3 - A national satellite navigation positioning reference station network has been established to enhance BeiDou navigation services, with a new management regulation set to take effect from January 1, 2026 [3] - The regulation aims to standardize the management of reference stations, ensuring reasonable layout and avoiding redundancy in construction [3] - The BeiDou application and reference service centers will provide high-precision positioning services for various sectors, with daily professional services exceeding ten million times [3]