中经记者 孙丽朝 济南报道 春运启幕，开行超半个世纪的山东唯一公益慢火车7053/4次，以40公里时速往返于淄博、泰山间，184 公里全程票价11.5元、最低票价只要1元。这列慢火车以新场景、新服务、新客群重构"慢生态"，既保 障沿线百姓出行，更激活"采摘+旅游+赶集"消费链，见证乡村振兴与民生温度的双向奔赴。 2026年春运，7053次列车创新开行"萌娃研学专线"，并于春运首日（2月2日）发车，首批近50名学龄前 儿童及其家长参与，活动反响热烈，已成为春运期间泰山站的特色客运服务新亮点。幼儿园孩子们乘坐 这趟慢火车，从泰安老站房的铁路历史课，到魏家庄的农田采摘、非遗花馍体验，一场沉浸式研学在车 厢与村庄间展开。这不仅为孩子们提供了独特的成长体验，更直接为沿线村庄带来了稳定的亲子客流， 将列车的客流转化为乡村的消费力和教育实践新业态，实现了"教育+文旅+消费"的业态融合。 与此同时，慢火车还串起乡村振兴"致富链"。春运期间，慢火车带来的客流红利为沿线乡村产业注入活 力。淄川区太河镇西桐古站附近的七河生物生产基地，有82座数字化大棚年产香菇400多万斤。近日， 基地"采摘区"的大棚迎来大批乘车而来的旅客，采摘体 ...

中经记者 杨让晨石英婧上海报道 中欧国际工商学院院长、中欧教育发展基金会理事长、横店集团管理学教席教授汪泓与中欧国际工商学 院副院长兼中方教务长、桑坦德经济学教席教授、中欧-毕盛金融市场研究中心联席主席朱天，为毕盛 资产创始人、执行主席兼首席策略官王国辉颁发捐赠证书，与会嘉宾们共同为研究中心揭牌。 朱天表示，研究中心的成立不仅是顶尖学府与领先金融机构的强强联手，更是对中欧"认真、创新、追 求卓越"校训的生动实践与进一步深化。他相信，结合中欧强大的学术科研能力与毕盛投资公司带来的 深刻市场洞察，研究中心的工作将兼具实证研究的严谨性和市场判断的前瞻性，为中国乃至全球金融领 域的知识积累与实践创新注入新的活力。 捐赠方代表、毕盛资产创始人、执行主席兼首席策略官、中欧-毕盛金融市场研究中心联席主席王国辉 在捐赠感言中表示，他与毕盛投资公司长期坚定看好中国市场的巨大潜力与增长韧性，很荣幸能与中欧 携手共建研究中心。他强调，研究中心的成立，不仅将为全球投资者深入理解中国金融市场提供强大的 学术助力，更将构建一个向全球金融圈客观、全面传递中国市场声音与价值的重要平台，促进双向赋能 与共赢发展。 汪泓指出，研究中心的成立是学 ...

Core Viewpoint - The preferential tax policy for annual one-time bonuses will continue until December 31, 2027, allowing taxpayers to choose between separate taxation and inclusion in comprehensive income taxation for their bonuses in 2026 [1]. Taxation Methods - The two taxation methods available for annual one-time bonuses are separate taxation and inclusion in comprehensive income taxation, which help reduce the personal income tax burden for wage earners [1]. - Separate taxation calculates the tax based on the bonus divided by 12 months, avoiding tax rate jumps, making it suitable for high-income earners with substantial bonuses [1]. - Inclusion in comprehensive income taxation combines the bonus with annual salary and other income, allowing taxpayers to utilize various deductions, making it more suitable for lower-income earners with multiple deductions [1]. Practical Examples - A tax officer provided examples showing that for a taxpayer with an annual income of 60,000 yuan and a year-end bonus of 20,000 yuan, the tax owed under inclusion in comprehensive income taxation is 0, while under separate taxation, it is 600 yuan [2]. - Another example showed that a taxpayer with an annual income of 300,000 yuan and a year-end bonus of 80,000 yuan would face a higher tax rate under inclusion in comprehensive income taxation compared to separate taxation, making the latter more tax-efficient [2]. Tax Calculation Tools - Taxpayers can use the individual income tax APP to compare the tax amounts under both methods without manual calculations, ensuring they select the lower tax amount for reporting [2]. - The tax authority emphasizes the importance of choosing the applicable tax rate legally and ensuring that income does not trigger a tax rate jump during calculation [2]. Limitations and Regulations - Each taxpayer can only use the separate taxation option once per tax year, and bonuses cannot be split for separate taxation [3]. - The annual personal income tax settlement period is from March 1 to June 30, and non-residents can settle their taxes before leaving the country [3]. - Taxpayers with annual comprehensive income not exceeding 120,000 yuan or a tax settlement amount not exceeding 400 yuan may be exempt from the annual tax settlement process [3].

Group 1 - The "Encouraging Foreign Investment Industry Catalog (2025 Edition)" has been released, which will take effect on February 1, 2026, replacing the 2022 version. The new catalog includes a total of 1,679 entries, with a net increase of 205 entries and 303 modifications compared to the previous version [1] - The catalog focuses on advanced manufacturing, modern services, and regional coordinated development, aiming to attract and utilize foreign investment with greater efforts and practical measures. Eligible foreign-invested enterprises can enjoy a reduced corporate income tax rate of 15%, along with additional policies such as import tax exemptions and land support [1] - Siemens Energy's gas turbine assembly base and service center in Hainan Yangpu is highlighted as a significant foreign investment project, benefiting from the 15% corporate income tax rate and other supportive policies, enhancing confidence in investment in China [1] Group 2 - The marine environmental governance sector is also included in the encouraged industries, allowing companies registered in Hainan Free Trade Port that engage in marine environmental governance and ecological restoration to benefit from a reduced corporate income tax rate of 15% until December 31, 2027 [2] - A German environmental company in Sanya has completed a pollution control and ecological restoration project, qualifying for the tax reduction, which significantly lowers its project costs by saving approximately 5 million yuan annually [2] - The central government emphasizes the importance of utilizing foreign investment, aiming to create a transparent and stable institutional environment to attract foreign capital [2] Group 3 - The 20th National Congress of the Communist Party of China has called for the expansion of the encouraged foreign investment industry catalog, with the Ministry of Commerce and the National Development and Reform Commission initiating the revision process for the 2025 edition [3] - The revised catalog incorporates feedback from foreign investment enterprises, industry associations, and experts, ensuring a comprehensive approach to attract foreign investment [3] - The catalog offers four preferential policies for industries within its scope, including priority land supply for intensive land-use industrial projects and flexible land leasing options, which are designed to lower initial land costs for foreign-invested enterprises [3]

Core Viewpoint - ByteDance's Seedance 2.0 is hailed as a groundbreaking video generation model, marking the end of the "childhood era" of AIGC, but it also raises significant concerns regarding compliance and legal risks associated with AI-generated content [1][2]. Group 1: Technology and Innovation - Seedance 2.0 utilizes a "dual-branch diffusion transformer" architecture, achieving breakthroughs in audio-visual alignment and multi-shot narrative coherence, positioning it as a milestone product in the industry [2]. - The model's capabilities significantly reduce video production costs, enabling ordinary users to create high-quality content, with potential applications in short videos, advertising, and film production [6]. - The introduction of Seedance 2.0 has led to a surge in stock prices for companies in the film and media sector, reflecting high market expectations for AI video generation technology [6]. Group 2: Compliance and Legal Risks - The development of AI video models relies heavily on vast amounts of publicly available data, raising concerns about unauthorized use of copyrighted material [2][5]. - The complexity of video as a multi-rights entity, involving images, audio, and likeness, complicates the legal landscape, making it difficult for ordinary users to discern authenticity [2]. - ByteDance has implemented compliance measures, such as restricting the use of real human images and requiring live authentication for generating videos of real people [3][4]. Group 3: Industry Challenges and Solutions - The industry faces common challenges in balancing technological innovation with copyright protection and data compliance, necessitating a collaborative approach to address these issues [4][8]. - Proposed solutions include establishing a comprehensive governance framework for video generation models, focusing on compliance at all stages of content creation [8]. - The current regulatory framework, while providing a foundational structure, lacks specific guidelines for compliance related to audiovisual training data and content generation [5].

日发精机（002520.SZ）正陆续剥离低效资产与相应业务。 日前，日发精机向关联方出售的部分资产陆续完成交割相关手续，海外子公司意大利MCM公司也完成 出表。同时，由于被银团接管，日发精机另一海外子公司Airwork公司实质控制权发生变更，目前暂为 出表状态。 剥离相应资产后，日发精机预计2025年度归母净利润亏损有所收窄。不过，Airwork公司未来处置结果 尚存不确定性，日发精机2025年度扣非净利润亏损预计仍将扩大。低效资产被处置后，日发精机后续将 如何实现扭亏？ "公司董事长不久前已出任总经理，目前由他主抓运营工作，对相关部门制造成本与订单均提出了具体 要求，并且梳理调整了公司内部各事业部与项目部。"日发精机方面日前向《中国经营报》记者表示， 公司已积极采取措施降本增效，未来将聚焦高端装备智造主业，同时积极拓展更多细分市场。 低效资产接连被处置 2025年年底以来，日发精机接连抛出资产处置计划。其中，拟将海外子公司意大利MCM公司100%股权 转让给Special Situations S.r.l.公司，转让价款为1欧元；拟将位于浙江省新昌县龟山路4号的工业用地土 地使用权及房屋建筑物（包含附属设施 ...

近日，迅翼卫通董事长李庆安接受了《中国经营报》记者专访，深入阐述了公司在核心技术上的突破、 对市场的前瞻布局，以及对中国商业航天产业的深度思考，目标是成为6G时代"天地一体"智能终端的 关键推动者。 打造普适性卫星终端 《中国经营报》：迅翼卫通在卫星相控阵技术领域处于怎样的地位？与美国的星链相比，中国的核心技 术优势有哪些？ 李庆安：单从技术角度讲，我们在全球卫星相控阵终端领域是走在前列的。我们的优势在于"普适 性"与"全轨兼容"。 在低轨卫星互联网竞赛日趋激烈的当下，商业航天如何与普通人发生链接，成为一个新的议题。 成都迅翼卫通科技有限公司，多年从事卫星相控阵天线的研发与制造，其技术不仅多次保障了神舟飞船 返回等国家重大任务，还致力于让卫星通信像移动网络一样普及，让更多的普通消费者熟悉了解卫星通 信。 李庆安：是的，过去十年是定义技术边界、探索工艺路线的过程，现在技术已经比较成熟，行业将进入 高速发展期。只要卫星网络持续建设，终端市场就会呈指数级增长。 关于手机直连卫星，我们认为这是必然趋势，但当前还只是初步阶段。目前市面上的卫星电话或卫星通 信手机，带宽和体验有限，远未达到"完整的6G天地一体"水平。未来 ...

自2024年12月1日国家税务总局在全国正式推广应用全面数字化电子发票（以下简称"数电发票"）以 来，数电发票以全领域覆盖、全环节电子化、全要素数字化为核心，有效提升行政效能，降低制度性交 易成本。 2026年全国税务工作会议强调，持续深化税收征管改革，加快税收征管法修订进度，深入推进智慧税务 建设，集成提升税费征管效能。在业界看来，推进发票全领域、全环节、全要素电子化，稳妥压减纸质 发票使用，推动征管数字化转型是深入推进智慧税务建设的关键抓手。 所谓数电发票，是《中华人民共和国发票管理办法》中"电子发票"的一种，是将发票的票面要素全面数 字化、号码全国统一赋予、开票额度智能授予、信息通过税务数字账户等方式在征纳主体之间自动流转 的新型发票。数电发票与纸质发票具有同等法律效力。 2021年12月1日，广东省、上海市和内蒙古自治区试点推行数电发票，之后试点地区逐步扩大至全国。 随着数电发票的推行，税务营商环境得到优化，在此背景下，各地也加快了数电发票的落地速度。 《中国经营报》记者了解到，截至2026年2月10日，北京、上海、广东、江苏、重庆、河北等多地税务 局发布通告与工作通知，明确2026年推进节奏、纸质发 ...

具体而言，2025年消费工作有三个方面突出特点：一是商品消费扩容升级。加力实施消费品以旧换新， 2025年相关商品销售额达2.61万亿元，惠及3.66亿人次，一大批绿色智能产品进入千家万户。去年汽车 销量3440万辆，家电、通讯器材规上销售额双双突破万亿元。二是服务消费提质惠民。完善服务消 费"1+N"政策体系，实施服务消费提质惠民行动，开展消费新业态新模式新场景试点，服务零售额增长 5.5%。三是消费场景日益多元。打造"购在中国""出口中国"品牌，举办精品消费月、国际消费季等活动 60余场，开展国际化消费环境建设试点，优化离境退税政策。去年退税商品销售额同比增长 95.9%，"带着空箱子去中国"成为新风尚。 （编辑：吴婧 审核：朱紫云 校对：颜京宁） 2月11日，国新办举行新闻发布会，介绍2026"乐购新春"春节特别活动、保障春节市场供应有关情况。 商务部副部长盛秋平介绍，2025年商务部深入贯彻落实党中央、国务院决策部署，深入实施提振消费专 项行动，持续释放消费潜力。全年社会消费品零售总额首次突破50万亿元大关，最终消费支出对经济增 长的贡献率达52%，比上年提升5个百分点。 中经记者 杜丽娟 北京报道 ...

Group 1 - The core viewpoint is that SenseTime's inclusion in the MSCI China Index highlights the growing recognition of Chinese AI companies by global capital markets, potentially attracting more international passive investment [1][2][4] - SenseTime's stock price surged by 11.39% to HKD 2.64 per share on the day the MSCI announcement was made, indicating strong market reaction [1] - The MSCI China Index serves as a significant benchmark for global capital allocation, with over USD 17 trillion in assets tracked by MSCI indices, including more than USD 2 trillion in passive funds [4] Group 2 - SenseTime's strategic advantage lies in its "big device - big model - application" integrated approach, which differentiates it from competitors that focus solely on models or applications [3] - The company's recent financial report indicates that by mid-2025, revenue from generative AI is expected to rise to 77%, with projections suggesting it could reach 91% by 2030 [3] - The inclusion of SenseTime in the MSCI index signifies a validation of its technological strength, business model, and governance standards, marking a milestone for Chinese AI companies in the international capital landscape [4]