Group 1 - The People's Bank of China conducted a 7-day reverse repurchase operation of 477.5 billion yuan at an interest rate of 1.40%, maintaining the previous rate, resulting in a net injection of 352.5 billion yuan after 125 billion yuan of reverse repos matured on the same day [1] - This week, the People's Bank of China performed a total of 1.7615 trillion yuan in reverse repos, with a net injection of 324.5 billion yuan due to the maturity of 1.181 trillion yuan in 7-day reverse repos and 200 billion yuan in 1-year Medium-term Lending Facility (MLF) [1] - The overnight Shanghai Interbank Offered Rate (Shibor) decreased by 4.00 basis points to 1.3280%, while the 7-day and 14-day Shibor rates increased slightly by 0.80 and 0.70 basis points, respectively [1] Group 2 - In the interbank pledged repo market, only DR001 saw a decline, while other products experienced increases, with R007 and R014 continuing to be inverted [3] - The weighted average rates for DR001 and R001 decreased by 3.4 basis points and increased by 7.1 basis points, respectively, with transaction volumes decreasing significantly [3] - The weighted average rates for DR007 and R007 increased by 0.2 and 1.6 basis points, respectively, with transaction volumes also showing a decrease [3] Group 3 - The money market rates on January 30 showed a mixed trend, with various tenors experiencing slight declines in yield [9] - The 1-month national bank stock ended at approximately 1.50%, down about 0.35 basis points from the previous close, while the 3-month and 6-month rates remained stable [9] - The yield spread between 1-year and 1-month increased to 9.75 basis points, reflecting a widening trend [9] Group 4 - The funding environment was tight in the morning but shifted to a more relaxed state in the afternoon, with overnight rates fluctuating between 1.65% and 1.70% [8] - After the open market operations, the overnight rates slightly eased, with the lowest transaction prices dropping to around 1.46% by the end of the trading day [8]

吴京芳介绍说，进口"零关税"货物可免征进口关税、进口环节增值税和消费税，这大幅降低了企业进口 成本，有利于提升货物贸易自由化便利化水平。封关以来截至2026年1月27日，"零关税"货物进口货值 8.57亿元，同比增长2.43倍，覆盖了化工、矿产品制造、医疗健康等多个行业。减免税款约1.29亿元， 同比增长2倍。超过1万多家企业申请成为"零关税"政策享惠主体，新增备案外贸企业5700余家，未来进 一步扩大"零关税"货物进口还大有潜力。 新华财经北京1月30日电（记者董道勇）30日，财政部召开2025年度财政收支情况新闻发布会，介绍了 全年财政收支情况。财政部关税司副司长吴京芳表示，"零关税"是海南自由贸易港政策制度体系的主要 特征之一。海南自贸港封关运作推动人流、物流等要素在海南聚集，带动离岛免税政策效应进一步扩 大，成为海南旅游消费的强力增长极。 "封关以来截至2026年1月27日，离岛免税销售金额62.8亿元，购物人数98.1万人次，购物件数460万件， 同比分别增长35.9%、21%、8.2%。特别是今年元旦假期期间，离岛免税销售金额7.12亿元，同比大幅 增长128.9%。"吴京芳说。 记者了解到，为保 ...

吴盖表示，2025年，财政部会同商务部联合启动消费新业态新模式新场景和国际化消费环境建设两项试 点工作，通过竞争性评审确定了65个试点城市，并下达了首批资金96亿元。 "消费新业态新模式新场景试点聚焦支持首发经济、服务消费和'IP+消费'三个方向，通过打造一批带动 面广、显示度高的消费新场景，培育消费发展新动能。国际化消费环境试点聚焦丰富品质化消费供给、 提升支付和语言等便利化服务水平，打造更加便捷、舒适的消费环境，吸引更多入境消费。"吴盖介绍 说，目前各地已涌现出一些好的案例，如武汉光谷人形机器人7S店通过打造首发经济应用场景，为城 市消费注入了新动能。 此外，2025年底，财政部会同商务部、国家税务总局联合启动了有奖发票活动，支持50个地市级及以上 城市开展试点工作，覆盖购物、就餐、旅游住宿、文体活动、生活服务等与居民"衣食住行"密切相关的 日常消费主要场景，激发居民消费需求。同时，鼓励各地发挥地方首创精神，积极探索个性化政策，进 一步提升政策效能。 新华财经北京1月30日电（记者董道勇）30日，财政部召开2025年度财政收支情况新闻发布会，介绍了 全年财政收支情况。财政部经济建设司副司长吴盖表示，202 ...

Core Insights - The postal industry in Sichuan province achieved a delivery volume of 6.3 billion items and revenue of 54.63 billion yuan in 2025, marking year-on-year growth of 8.4% and 5% respectively [1] - Express delivery volume reached 5.23 billion items with revenue of 39.87 billion yuan, reflecting a year-on-year increase of 10.5% and 5% [1] - The "川货寄递" project saw a remarkable growth rate of 441% in delivery volume [1] Group 1 - In 2025, Sichuan's postal industry cultivated 1,653 "one county, one product" projects, including 34 projects exceeding 10 million items and 187 projects exceeding 1 million items [1] - Major logistics hub projects, including SF Express's Western Air Cargo Hub and Zhongtong Express's Southwest Headquarters, were put into operation by the end of 2025 [1] - During the "14th Five-Year Plan" period, Sichuan's express delivery volume surpassed 30 billion, 40 billion, and 50 billion items, with daily average delivery volume increasing from 5.87 million to 14.34 million items [1] Group 2 - In 2026, Sichuan's postal sector will focus on high-quality development by constructing a modern delivery channel system and enhancing hub radiation efficiency [2] - The plan includes building a hub network with a main hub in Chengdu and regional hubs in Nanchong, Zigong, and others, while promoting key projects like Jitu's Southwest Headquarters [2] - The province aims to integrate AI into postal services, developing smart post offices and drone delivery systems, with a target of over 1,000 unmanned vehicles in operation by 2026 [2]

（文章来源：新华财经） 美联储官员博斯蒂克称，通胀预计将顽固存在；美联储的独立性始终令人担忧。 ...

（文章来源：新华财经） 美联储官员博斯蒂克认为，美联储目前无需降息，应在利率问题上保持观望并采取更加耐心的态度。此 外，他还预计部分关税政策的影响将持续至2026年上半年。 ...

Core Insights - The Huazhong Bailing Consumption REIT held its first investor open day in 2026, showcasing operational achievements and future development plans, attracting over fifty financial institutions [1] - The REIT reported a revenue of 64.83 million yuan for Q4 2025, with a distributable amount of 38.60 million yuan, resulting in an annualized cash distribution rate of 4.83% based on the market value at the end of the reporting period [1] - As of December 31, 2025, the project achieved a rental rate of 95.55%, a collection rate of 100%, and a cumulative membership exceeding 650,000 [1] Group 1 - The shopping center successfully introduced high-end outdoor brands such as HELLY HANSEN, KOLON SPORT, and Columbia in 2025, establishing a systematic high-end outdoor brand matrix [2] - The project also incorporated refined lifestyle retail brands like Calvin Klein, reinforcing its leading position in the regional retail market [2] Group 2 - Institutional investors noted that the brand adjustment strategy at Bailing One City reflects a deep understanding of the shift in the consumer industry from "channel dominance" to "consumer sovereignty" [5] - The project aims to enhance asset value through market-driven adjustments and refined operations, potentially building sustainable core competitiveness and driving long-term value enhancement for the Huazhong Bailing Consumption REIT [5]

新华财经上海1月30日电（记者杜康）AI漫剧正在进入规模化生产探索阶段。30日，百度智能云正式发 布面向漫剧行业的AIGC全流程解决方案，并宣布百度智能云AIGC内容创作者联盟成立。同时，百度智 能云联合大宁集团视听静界π空间打造的"AIGC漫剧与IP衍生创新运营中心"完成授牌，标志着百度智能 云在内容产业AIGC落地层面的布局进一步加速。 相较传统动画，漫剧以其轻量化、高频更新的特点，成为AIGC率先落地的重要领域。记者了解到，当 前动态漫、漫剧等短剧内容市场已突破百亿规模并持续高速增长，为AIGC提供了商业验证的广阔空 间。随着生成式AI在多模态能力上的突破，漫剧的生产流程正迎来结构性变革。 百度智能云此次发布的AI漫剧行业解决方案，聚焦"从创意到成片"的全链路能力整合，覆盖剧本生成、 分镜拆解、角色与场景设定、画面生成、动态演绎、配音配乐及内容管理等核心环节。通过模型能力与 行业工具链的结合，原本高度依赖人工分工的制作流程正在被拆解和重组，使创作团队能够以更轻量的 方式完成高频内容生产。 除技术与生态动作外，百度智能云也在加快AIGC内容产业的区域化布局。现场，由上海市静安区文化 和旅游局支持，百度智能 ...

Core Viewpoint - The CDN industry is experiencing a significant price increase driven by major players like Google Cloud and Amazon Cloud, leading to a potential revaluation of the sector, with companies like Wangsu Technology seeing substantial stock price gains [2][3]. Group 1: Company Performance - Wangsu Technology's stock price surged from 11.66 CNY to 16.56 CNY, marking a weekly increase of 42.25%, with a market capitalization reaching 40.728 billion CNY [1]. - The strong performance of Wangsu Technology is attributed to the announcement by Google Cloud regarding a price hike for CDN and data transmission services, which is the first increase in two decades [2]. - The company has also launched a service that allows users to deploy AI Agent Moltbot without needing to purchase hardware, enhancing its market position [3]. Group 2: Industry Dynamics - The CDN industry is undergoing a transformation due to rising costs in the AI supply chain, with significant price increases reported by major cloud service providers [2]. - The historical context of the CDN market shows that it has faced severe price wars since 2015, which led to a decline in revenues for many companies, including Wangsu Technology [4]. - Currently, local cloud providers like Alibaba Cloud, Tencent Cloud, and Huawei Cloud dominate over 90% of the Chinese CDN market, while Wangsu Technology is effectively expanding into emerging markets [5]. Group 3: Market Trends - The recent surge in AI applications is expected to increase data transmission demands, positively impacting the CDN sector [3]. - The overall TMT index showed resilience with a slight increase, indicating a favorable environment for technology companies amid ongoing support for semiconductor and optical communication sectors [6]. - Despite the positive trends, analysts caution that the competitive landscape in the CDN industry remains unstable, and any return to low-price strategies could impact profit margins [5].

新华财经北京1月30日电 30日，2026年上海市汽车以旧换新补贴政策实施细则发布，细则提出： 一、汽车报废更新补贴 2026年，对个人消费者报废2013年6月30日（含当日，下同）前注册登记的汽油乘用车、2015年6月30日 前注册登记的柴油及其他燃料乘用车，或2019年12月31日前注册登记的新能源乘用车，并购买纳入工业 和信息化部《减免车辆购置税的新能源汽车车型目录》的新能源乘用车或2.0升及以下排量的燃油乘用 车，给予一次性补贴。 对报废上述符合条件旧车并购买新能源乘用车的，按新车销售价格（价税合计，下同）的12%给予补 贴，补贴金额（向上取整至整元，下同）最高2万元；对报废上述符合条件燃油乘用车并购买2.0升及以 下排量燃油乘用车的，按新车销售价格的10%给予补贴，补贴金额最高1.5万元。 个人消费者申请汽车报废更新补贴，其所提交的《报废机动车回收证明》《机动车注销证明》《机动车 销售统一发票》《机动车登记证书》，均应在2026年1月1日至2026年12月31日之间取得。其中，《报废 机动车回收证明》应由有资质的报废机动车回收拆解企业开具，《机动车销售统一发票》和《机动车登 记证书》应在上海市开具或 ...