Core Insights - The conference held by Economic Observer focused on how Chinese enterprises can align with national strategies and innovate to overcome challenges in the digital economy and new production forces [1][2] - The honored companies were selected based on extensive research across thousands of enterprises and key industries, emphasizing their significant impact on China's economy and society [1] - The event highlighted the importance of high-quality development and the role of respected enterprises in driving growth across various sectors, particularly in high-end manufacturing and hard technology [1][2] Group 1: Respected Enterprises - The "2024-2025 Respected Enterprises" and "Respected Leading Enterprises" were recognized for their contributions to the economy, social trust, and innovation [1] - Notable companies included Anta, BYD, Huawei, JD.com, Meituan, Qingdao Beer, China Ping An, and China Feihe, reflecting a diverse range of industries from consumer goods to technology [1] - Companies like Haier Smart Home, Tianqi Lithium, and Prologis China were acknowledged for their special contributions in their respective fields [1] Group 2: Role of Enterprises in Society - Enterprises are seen as vital components of the market economy, contributing not only to economic growth but also to addressing social issues and creating value [2] - The concept of "respected" enterprises now includes a focus on long-termism and the overall welfare of stakeholders, beyond just shareholder returns [2] Group 3: Innovation and Quality - High-quality products and services are fundamental to the reputation of respected enterprises, reflecting their management capabilities and ethical standards [6] - The need for a supportive environment for innovation, including tolerance for failure and encouragement of strategic investments, is emphasized [5] Group 4: Financial Sector Insights - Beijing Bank reported significant growth in technology and green loans, indicating a commitment to supporting the real economy [8] - China Ping An highlighted the transformative potential of AI in the financial sector, focusing on customer-oriented strategies and the integration of advanced technologies [12] Group 5: Regulatory Environment - The importance of antitrust compliance in enhancing product quality and driving industries towards higher standards was discussed [13] - Antitrust laws are seen as catalysts for innovation and quality improvement, helping to eliminate market stagnation caused by monopolistic practices [13] Group 6: Future Outlook - The development of new productive forces through technological self-reliance and innovation is identified as a strategic foundation for enterprises [18] - China's advancements in computing infrastructure and AI technology are expected to disrupt various industries and create new growth opportunities [18]

Core Viewpoint - The State Administration for Market Regulation has issued measures to promote the development of the private economy through enhanced metrology support, aiming to improve quality, innovation, and competitiveness in the sector [1]. Group 1: Policy Support - Strengthening policy support by utilizing metrology service platforms and regulatory websites to provide comprehensive policy interpretations for private enterprises [2]. - Optimizing metrology administrative approval services to reduce the time for calibration and verification of measuring instruments [2]. Group 2: Demand Collection - Establishing a mechanism for regular communication with private enterprises to gather their metrology needs and address bottlenecks [3]. - Encouraging private technology enterprises to collaborate with upstream and downstream partners to identify innovative metrology technology requirements [3]. Group 3: Research and Innovation Support - Encouraging capable private enterprises to undertake metrology technology innovation tasks and promote the application of digital metrology technologies [4]. - Supporting private enterprises in addressing metrology challenges related to production processes and quality control [4]. Group 4: Service Enhancement - Continuing initiatives like "Metrology Services for SMEs" to provide tailored metrology solutions for private enterprises [5]. - Leveraging large enterprises to share metrology resources, including laboratories and data, with private organizations [5]. Group 5: Platform Development - Supporting private enterprises in participating in the construction of industrial metrology testing centers to enhance measurement capabilities [6]. - Providing technical services related to metrology research and resource sharing to private enterprises [6]. Group 6: Energy Efficiency and Carbon Reduction - Encouraging energy and carbon measurement services for private enterprises to establish comprehensive measurement systems [6]. - Supporting private enterprises in participating in energy efficiency evaluations through technological upgrades [6]. Group 7: International Expansion - Enhancing metrology support for exporting private enterprises and promoting international cooperation in metrology systems [7]. - Implementing a mutual recognition system for international metrology certificates to facilitate product exports [7]. Group 8: Talent Development - Supporting educational institutions in training metrology professionals for private enterprises [8]. - Facilitating the registration of qualified metrology professionals in local regulatory bodies to enhance career development [8].

Group 1 - ST Zhongzhu announced the receipt of a share transfer agreement from Shenzhen Shenshang Holdings Group, where Shenshang plans to transfer 100% equity of its major shareholder, Shenzhen Landi Technology, to Suzhou Bubugao Investment Development for 30 million yuan [1] - After the transfer, Bubugao Investment will hold 380,172,862 shares of ST Zhongzhu, representing 19.08% of the total share capital [1] - Bubugao Investment stated that there are no plans to increase or decrease its stake in the company within the next 12 months, nor are there any major asset restructuring plans [1] Group 2 - On November 14, ST Zhongzhu announced that Qiongcheng Meihua Tenglong Qifei Investment Partnership intends to acquire 10.38% of the company's shares for 403 million yuan [2] - Qiongcheng Meihua Tenglong Qifei Investment Partnership, which is 80% owned by Wu Shichun, expressed confidence in the company's future development prospects and investment value [2] - The partnership aims to actively exercise shareholder rights to improve the company's operations, asset quality, and sustainable profitability [2]

（原标题：青少年双向情感障碍的常见发病原因及居家康复护理注意事项） 青少年双向情感障碍概述 双向情感障碍，又称双相障碍、躁狂抑郁症，是一类既有躁狂发作或轻躁狂发作，又有抑郁发作的常见 精神障碍。青少年正处于身心快速发展和变化的时期，这一阶段若患上双向情感障碍，对其成长和未来 发展会产生极大的负面影响。在躁狂发作时，青少年可能表现为情感高涨、精力充沛和活动增加；而抑 郁发作时，则会出现情绪低落、精力减退和活动减少等症状。最典型的形式是躁狂和抑郁交替发作。这 种疾病起病年龄早，对于青少年而言，患病后可能面临学业中断、社交困难等诸多问题，且其患病率、 自杀率、复发率和致残率都较高，疾病负担重，因此需要引起家长和社会的高度重视。 青少年双向情感障碍常见发病原因之遗传因素 遗传在青少年双向情感障碍的发病中起着重要作用。双向情感障碍具有显著遗传倾向，如果家族中有双 向情感障碍的患病史，那么其近亲患病风险会显著提高。研究表明，遗传因素在双向情感障碍的病因中 占比较大。虽然遗传并非是唯一的决定因素，但它为疾病的发生埋下了潜在隐患。基因的传递使得青少 年在某些生理和心理特质上更容易受到双向情感障碍的影响。例如，家族中有此类患者 ...

Core Viewpoint - The importance of antitrust compliance for companies is emphasized, highlighting its role in ensuring fair competition, driving innovation, and supporting high-quality economic development [2][10]. Group 1: Antitrust Compliance as a Tool for Fair Competition - Antitrust compliance serves as a "pass" for ensuring equal competition among various market entities, preventing monopolistic practices that can harm small and medium enterprises [3][4]. - During the "14th Five-Year Plan" period, over 100 cases of monopolistic agreements and abuse of market dominance were addressed, resulting in fines exceeding 20 billion [3]. Group 2: Supporting Industrial Upgrading and High-Quality Development - Antitrust compliance acts as a catalyst for improving product quality and advancing industries towards higher-end development, preventing monopolistic entities from raising prices and stifling innovation [5]. - The enforcement of antitrust laws has led to significant actions in the pharmaceutical sector, where over 12% of all cases involved monopolistic behaviors that harmed consumer interests [5]. Group 3: Driving Innovation - Antitrust compliance is crucial for unleashing innovation and fostering economic growth, as a fair competitive environment encourages companies to innovate rather than rely on monopolistic advantages [6]. - Recent enforcement actions have targeted monopolistic practices in the data services market, promoting a more competitive landscape that stimulates innovation [6]. Group 4: Risk Management and Stable Operations - Antitrust compliance serves as an early warning system for companies to identify and manage risks within the supply chain, especially in a globally interconnected market [8]. - Investigations into major foreign companies have highlighted the importance of compliance in preventing monopolistic control over critical domestic industries [8]. Group 5: Expanding International Markets and Global Competitiveness - Antitrust compliance is essential for companies aiming to engage in international markets, as it helps mitigate legal risks associated with foreign antitrust laws [9]. - Historical cases illustrate the potential costs of non-compliance, emphasizing the need for a robust antitrust compliance framework to enhance global competitiveness [9]. Group 6: Regulatory Framework and Future Directions - The release of updated antitrust compliance guidelines by regulatory bodies aims to strengthen companies' risk management capabilities and promote a culture of fair competition [10]. - Companies are encouraged to integrate compliance into their operational frameworks to ensure sustainable growth and respect in the market [10].

Core Points - The fire at Hong Kong's Tai Po Wang Fuk Court has resulted in 44 fatalities and 45 injuries, with 279 individuals still unaccounted for [1][20] - The incident has been classified as a "major disaster" by the Chief Executive of Hong Kong, John Lee [2] - Investigations are underway, with three individuals from the construction company arrested, including two directors and one engineering consultant [1] Incident Details - The fire started on November 26 at 2:51 PM, initially igniting scaffolding on the building's exterior and rapidly spreading to surrounding structures [1] - The fire was classified as a "Level 5" incident, the highest level in Hong Kong's fire alarm system, by 6:22 PM on the same day [1] - Eyewitness accounts describe the fire's unusual speed and intensity, exacerbated by strong winds that facilitated the spread of flames [3][15] Investigation and Response - A special task force has been established by the police and fire department to conduct a comprehensive investigation into the incident [3][18] - The investigation will focus on potential criminal negligence, arson, and the use of non-compliant building materials [18][19] - The government has initiated a review of fire safety standards for similar construction projects across Hong Kong [19] Community Impact - Many residents, particularly the elderly, were caught off guard due to the rapid spread of the fire and the absence of fire alarms [9][10] - Temporary shelters have been set up for displaced residents, providing essential supplies and support [12][13] - The community is in a state of distress, with many residents anxiously awaiting news of missing loved ones [13][14]

Group 1 - The State Council Information Office will hold a regular press conference to introduce measures to enhance the adaptability of supply and demand for consumer goods and further promote consumption policies [1] - The Ministry of Industry and Information Technology and other relevant departments will participate in the press conference to provide insights and answer questions [1] Group 2 - The China Council for the Promotion of International Trade will hold a regular press conference to discuss the delegation of Chinese entrepreneurs visiting the United States and Canada, the timing of the fourth Chain Expo, and the achievements of the 18th European Fair [2] - The National Development and Reform Commission will also hold a press conference in the afternoon to provide updates on its activities [3] Group 3 - The Ministry of Commerce will hold a press conference to introduce recent key work in the business sector and answer media questions [4] - The National Health Commission will hold a press conference to discuss the progress and effectiveness of grassroots medical and health services [5] Group 4 - Economic data releases include Canada's current account for Q3 and Germany's GfK consumer confidence index for December [6]

"十九届五中全会提出的'十四五'规划和二十届四中全会提出的'十五五'规划建议既体现了政策的连续 性，也呈现出一些新变化。五年前，中央对现实的判断是重要战略机遇期，现在是战略机遇和风险挑战 并存。也就是说，过去五年外部环境发生了很大变化。比如中美贸易争端、俄乌冲突、局部地区争端升 级以及疫情对全球产业链的冲击等，导致风险和挑战并存，外部不确定性上升。"11月26日，清华大学 国家金融研究院院长、五道口金融学院副院长田轩在经济观察报主办的"2024—2025年度受尊敬企业年 会"上发表主题演讲时表示。 在创投组织形式创新方面，田轩提倡企业风险投资（CVC）模式。他认为，与传统独立风险投资 （IVC）不同，CVC的资金来源于母公司，核心目的是战略布局而非短期财务回报，不需要面临募资退 出压力，能够真正实现"投早投小投长投硬"。中国的BAT、华为、小米等企业已通过CVC布局上下游产 业链，形成战略协同生态。 从外部环境看，中美经济实力对比的变化正引发国际竞争格局重构。目前中国GDP已达到美国的2／3左 右，成为历史上第三个超过美国GDP60%的国家。 田轩表示，当前美国对中国在科技领域的全方位围堵，凸显了核心技术自主 ...

Group 1 - The article discusses the cultural significance of climbing mountains in ancient China, particularly during the Double Ninth Festival, where people would ascend heights to avoid evil spirits and celebrate nature [1][2][3] - It highlights the historical context of mountain climbing as a leisure activity that dates back to the Han Dynasty, evolving into a popular practice during the Wei, Jin, and Northern and Southern Dynasties [2][3] - The article emphasizes the unique status of Mount Tai in Chinese culture, where it became a popular destination for both officials and commoners, especially during the Ming and Qing Dynasties [3][4] Group 2 - The narrative follows the journey of Yao Nai, a prominent figure in the Qing Dynasty, who chose to resign from his official position to explore nature and enjoy the beauty of Mount Tai [4][5][6] - Yao Nai's journey is marked by challenging weather conditions, yet he finds joy and inspiration in the natural scenery, reflecting a desire for freedom and a connection to nature [5][6][7] - The article details the preparations for the climb, including necessary equipment and the companionship of friends, which were essential for a successful and enjoyable mountain expedition [8][9][10] Group 3 - The account of Yao Nai's ascent to Mount Tai culminates in a breathtaking view of the sunrise, illustrating the beauty and transience of nature [14][15] - The experience of climbing and the subsequent exploration of temples and historical inscriptions on the mountain showcases the cultural and spiritual aspects of mountain climbing in ancient China [16][17] - The article concludes by reflecting on the timeless enjoyment of nature, emphasizing that the appreciation of mountains and water is accessible to all who seek beauty [17][18]

另一方面，从中国居民的财富配置来看，不动产多，动产少，动产中存款多非存款少，股市带来的财富 效应并不明显，股票基金在中国财富中的占比过低，短期内还未发生显著的变化。未来在低利率环境 下，预计随着资本市场的完善，赚钱效应将越来越明显。另外，全球在对现行国际货币体系进行反思， 资本向非美元资产集聚，这些机遇都对未来中国资本市场的发展创造了比较美好的前景。 管涛认为，未来五年权益类核心资产的配置方向主要有四类：自主可控与新潮消费、龙头企业的并购重 组、传统行业的创新发展和优质企业的产业外迁。 管涛认为，"十五五"时期，中国的资本市场发展面临重大机遇，投资者应关注宏观经济基本面和政策导 向，把握产业结构升级和技术创新带来的投资机会，建立对市场长期健康发展的信心。 管涛表示，长期来看，经济转型孕育了资本市场发展的机会。一方面，应对大国博弈更加复杂激烈的外 部环境，重要的是因地制宜发展新质生产力，加快构建新发展格局，培育壮大新兴产业、未来产业。国 内将持续用新技术，新模式提升改造传统产业，未来5年会有大概10万亿元的市场空间，传统产业升级 改造，传统产业占到现代制造业产出80%，是现代化产业的重要支撑。 （原标题：管涛： ...