Core Insights - The service trade in China showed steady growth from January to November 2025, with a total import and export value of 72,023.7 billion RMB, reflecting a year-on-year increase of 7.1% [1] Service Trade Overview - Exports reached 31,980.1 billion RMB, marking a growth of 13.4%, while imports totaled 40,043.6 billion RMB, with a growth of 2.5% [1] - The service trade deficit was 8,063.5 billion RMB, which is a decrease of 2,796.3 billion RMB compared to the previous year [1] Knowledge-Intensive Services - Knowledge-intensive service trade continued to grow, with a total import and export value of 27,305.7 billion RMB, an increase of 5.6% [1] - Specific sectors such as other business services and telecommunications, computer, and information services had import and export values of 11,776.8 billion RMB and 9,592.1 billion RMB, with growth rates of 4.1% and 8.3% respectively [1] - Knowledge-intensive service exports were 16,014.7 billion RMB, up by 8.5%, while imports were 11,291 billion RMB, growing by 1.7% [1] - The surplus in knowledge-intensive services expanded to 4,723.7 billion RMB, an increase of 1,067.4 billion RMB from the previous year [1] Travel Services - Travel services experienced significant growth, with total imports and exports reaching 19,762.7 billion RMB, an increase of 8.2% [1] - Exports in travel services surged by 51.3%, while imports grew by 1.9% [1]

经济观察网据央视新闻客户端消息，12月31日，国务院台办举行例行新闻发布会。有记者问：赖清德日 前与窜台的日本政客会面，对此有何评论？ 发言人张晗表示，赖清德当局为换取外部势力对其谋"独"的支持，罔顾日本右翼势力在穷兵黩武道路上 越走越远的危险，无原则媚日；无视岛内高科技产业被西方国家强行掏空的困境，无底线卖台。赖清德 当局"倚外谋独"必遭彻底粉碎。 ...

"两重"建设方面，共安排约2200亿元，支持城市地下管网、高标准农田、"三北"工程、有效降低全社会 物流成本等领域的281个项目，进一步突出"两重"建设的战略性、前瞻性、全局性。 经济观察网据央视新闻客户端消息，12月31日，国家发展改革委政策研究室副主任、新闻发言人李超在 新闻发布会上表示，按照党中央和国务院决策部署，为进一步扩大有效投资，近日国家发展改革委抓紧 组织下达2026年提前批"两重"建设项目清单和中央预算内投资计划。 ...

Core Insights - The event "Future of Entertainment Strategic Upgrade and Ecological Partner Conference" was held in Hangzhou, co-hosted by Jinma Amusement, Lehua Entertainment, Weifeng Electronics, Beifeng Technology, and Maoxiao Bole [1] - A significant equity investment agreement was signed among the parties, forming a "super ecological alliance" that integrates amusement, entertainment, capital, technology, and industrial finance to boost the large-scale application of embodied intelligence technology [1] Group 1 - Jinma Amusement and Beifeng Technology, along with Maoxiao Bole, are collaborating to establish "Hangzhou Jinbei Electric Drive Technology Co., Ltd." to enhance the core technological barriers and market competitiveness of embodied intelligent products [1] - Jinma Amusement and Lehua Entertainment have further strengthened their strategic partnership by signing a cooperation agreement with Maoxiao Bole and Beifeng Technology to create "Hangzhou Jinle Cultural and Entertainment Technology Co., Ltd." [1] - The new company aims to integrate the business advantages of all parties in cultural tourism technology, entertainment IP, intelligent products, and channel resources, focusing on the research and application of embodied intelligent robots in cultural tourism and entertainment scenarios, as well as the production and promotion of trendy IP derivatives [1]

发言人张晗表示，我们愿意在坚持"九二共识"、反对"台独"共同政治基础上，与国民党加强各层级的交 流交往，增进互信，保持良性互动，共同推动两岸关系和平发展，反对"台独"，维护台海和平稳定，造 福两岸同胞，携手共创民族复兴。 经济观察网据央视新闻客户端消息，31日，国务院台办举行例行新闻发布会。有记者就国民党主席郑丽 文希望明年上半年访问大陆提问。 ...

Core Insights - InSilico Medicine has become the first artificial intelligence biopharmaceutical company to list on the Hong Kong Stock Exchange under the main board listing rule 8.05, raising a total of HKD 2.277 billion, making it the highest fundraising biopharmaceutical IPO in Hong Kong for the year [1] - The IPO was co-sponsored by Morgan Stanley, CICC, and GF Securities, with a total issuance of 94.6905 million shares, of which 10% was allocated for public offering in Hong Kong, achieving an oversubscription rate of approximately 1,427.37 times, locking in subscription funds exceeding HKD 32.8349 billion [1] - The company plans to increase investment in its AI platform and innovative pipeline to accelerate the entry of more globally differentiated innovative projects into clinical trials [1] Company Collaborations - InSilico Medicine has established software licensing collaborations with 13 of the top 20 global pharmaceutical companies [2] - The company has also secured three pipeline licensing collaborations with Exelixis and Menarini, with a total collaboration potential of up to USD 2.1 billion, and has engaged in joint research collaborations with renowned pharmaceutical companies such as Fosun Pharma, Sanofi, and Eli Lilly [2] Key Asset - The core asset of InSilico Medicine is Rentosertib, a drug for treating idiopathic pulmonary fibrosis, which is the industry's most advanced first-in-class AI drug, having completed Phase IIa clinical trials domestically, marking a significant milestone in AI-driven drug development [1]

发言人张晗表示，赖清德上台以来，顽固坚持"台独"分裂立场、大肆宣扬分裂谬论，不断煽动两岸对立 对抗，为了一党一己之私，大搞备战谋"独"，升高台海紧张局势，只会把宝岛变成战场、让台湾民众变 成炮灰，其"和平破坏者""战争贩卖者""麻烦制造者"的真实面目已经被越来越多台湾民众所识破。"台 独"与台海和平水火不容，两岸统一才能永葆台海太平。 经济观察网据央视新闻客户端消息，31日，国务院台办举行例行新闻发布会，有记者问：日前赖清德受 访时再次鼓吹"新两国论"，并宣称"台湾需要提高自我防护"。请问发言人有何评论？ ...

发言人张晗表示，台湾有关方面歪曲抗战历史，阻挠两岸学术研讨和交流合作，打压参与两岸交流合作 的岛内人士的行径，不得人心，必将失败。 经济观察网据央视新闻客户端消息，12月31日，国务院台办举行例行新闻发布会。有记者问：对于有台 湾退役将领赴大陆参加第七届中华民族抗日战争史与抗战精神传承研讨会，台退服会称"抗战英雄都在 台湾"，此行是否违规将由权责单位去处理。请问发言人对此有何评论？ ...

经济观察网 据央视新闻客户端消息，12月31日，国家发展改革委政策研究室副主任、新闻发言人李超 在新闻发布会上表示，近日，国家发展改革委组织下达了2026年提前批"两重"建设项目清单和中央预算 内投资计划，共计约2950亿元，加快各类资金的拨付和使用节奏，以更大力度稳投资。 ...

经济观察网据央视新闻客户端消息，国家发展改革委政策研究室副主任、新闻发言人李超12月31日在新 闻发布会上表示，消费品以旧换新方面，国家发展改革委将严格执法监管，组织开展专项行动，对于骗 补套补、先涨后补等这些违法违规行为，发现一起、查处一起、曝光一起。同时还将加强行政执法与刑 事司法之间的衔接，及时将相关的案件线索转交给司法机关，追究法律责任。 ...