Core Viewpoint - The China Securities Regulatory Commission (CSRC) has released a draft for public consultation regarding the "Guidelines for Information Disclosure Content and Format of Publicly Raised Securities Investment Funds No. 2 - Content and Format of Regular Reports," aiming to enhance the clarity and efficiency of information disclosure in the mutual fund industry [1][2]. Group 1: Regulatory Changes - The revision integrates existing guidelines for annual, semi-annual, and quarterly reports into a single normative document, thereby streamlining the information disclosure framework [3]. - The updated guidelines will maintain specific disclosure requirements based on the characteristics of different types of regular reports while aligning with higher-level regulations and industry practices [3][4]. - The hierarchical structure of the XBRL template will be adjusted from a "normative document" to a "self-regulatory rule" by the fund industry association, enhancing the flexibility and adaptability of the rules [4]. Group 2: Investor-Centric Approach - The revised guidelines emphasize an "investor-centric" philosophy, focusing on long-term performance and investor interests [5]. - The fund industry association will require the disclosure of long-term performance data (7 and 10 years) in annual, semi-annual, and quarterly reports, moving away from short-term performance metrics [6]. - Fund managers will be mandated to disclose the proportion of profitable investors in actively managed equity and mixed funds over the past year, promoting a focus on investor benefits [6]. Group 3: Stability in Investment Behavior - The regulatory approach aims to enhance the stability of investment behavior by addressing high turnover rates in actively managed equity and mixed funds, which contradict the principles of value and long-term investing [7][8]. - Fund managers will be required to disclose turnover rate data in annual reports, encouraging a more prudent and rational investment mindset among fund managers and mitigating overly aggressive investment practices [8].

从共济地域看，同一统筹区(通常是同一个地市)内共济4.21亿人次，共济金额600.82亿元；省内跨统筹区共济4173.51万人次，共济金额79.38亿元。 从共济用途看，用于支付在定点医疗机构就医发生的个人负担的医疗费用488.38亿元，用于支付在定点零售药店发生的个人负担的费用34.32亿元，用于参 加居民基本医保等的个人缴费142.27亿元，用于支付长期护理保险的个人缴费0.76亿元，用于其他用途14.48亿元。 另外，2025年，通过医保钱包进行职工医保个人账户共济112.10万笔，共济金额7.50亿元。 国家医保局近日发布的数据显示，2025年1月至12月，职工医保个人账户共济达4.64亿人次，金额为687.7亿元。 职工医保个人账户共济，简单来说，就是打破地域限制，让参保人个人账户的钱能让家人使用，可以通过即时调用被绑定人个人账户、医保钱包等方式实 现。 其中，2025年通过即时调用被绑定人个人账户方式进行职工医保个人账户省内共济达到4.63亿人次，共济金额为680.20亿元。 1-12月跨省共济 1-12月省内共济 裁止12月底累计开通人 黑A 数(万人) 省内转出笔数(笔) 省内转出金额(万元) ...

1月30日，商务部合作司负责人介绍2025年中国对外投资合作运行情况时表示，2025年对外投资保持平 稳有序增长。对外非金融类直接投资1456.6亿美元，较上年增长1.3%。对非洲、欧洲、亚洲投资分别增 长41%、20.9%和1.2%，有效带动当地经济社会发展，促进全球产供链稳定。 此外，2025年在"一带一路"共建国家非金融类直接投资396.7亿美元，较上年增长17.6%，对外承包工程 新签合同额2579.8亿美元，完成营业额1526.3亿美元，分别占总额的89.2%和85.4%，为深化同共建国家 经贸合作关系、高质量共建"一带一路"作出积极贡献。 与此同时，2025年对外劳务实现增长。数据显示，2025年派出各类劳务人员42.8万人，较上年增长 4.6%，增加1.9万人。主要集中在建筑、交通运输、制造、住宿和餐饮等领域，人员结构不断优化。 2025年末，在外各类劳务人员60.3万人。 商务部合作司负责人介绍称，2025年对外承包工程规模稳步提升。完成营业额1788.2亿美元，较上年增 长7.7%，新签合同额2892.2亿美元，较上年增长8.2%，均创历史新高。一批标志性工程和小而美项目落 地实施，有力推动 ...

Core Insights - The article highlights the survival strategies of independent bookstores in the face of digital transformation and changing consumer habits, emphasizing the importance of balancing survival and ideals in the industry [1][6] Group 1: Industry Challenges - The number of independent bookstores in China has decreased from nearly 30,000 in 2019 to 16,800 in 2024, a reduction of 44%, with over 65% of these bookstores operating at a loss [1] - The shift in consumer behavior has led to a situation where many visitors to bookstores do not make purchases, posing a significant challenge for physical bookstores [1] Group 2: Successful Strategies - Xu Tao, co-founder of Suzhou Slow Bookstore, attributes the bookstore's success to three key factors: maintaining the essence of books as the core product, selling differentiated books, and creating unique customer experiences [3][4] - The bookstore has hosted 1,700 events over 14 years to foster connections with readers, demonstrating the importance of community engagement [3] - Differentiation in book offerings is crucial; for example, Slow Bookstore successfully reprinted a rare book that had become highly sought after, selling 3,000 copies within two years [3][4] Group 3: Innovative Services - Slow Bookstore offers tiered reading services to deepen emotional connections with customers, such as a long-standing program that has grown from 70 to approximately 300 participants, each paying 1,199 yuan annually [5] - The bookstore also provides specialized reading programs for children and women, showcasing its commitment to diverse community needs [5] Group 4: Industry Transformation - The transformation of bookstores is becoming a consensus in the industry, with a shift from being mere retail spaces to cultural hubs that offer social interaction and community services [6][7] - Successful bookstores are integrating public cultural services and educational activities, evolving into multi-functional cultural spaces [6][7] Group 5: Future Opportunities - The implementation of the "National Reading Promotion Regulations" in February 2026 is expected to provide further support for the transformation of physical bookstores, establishing their core role in promoting reading [8] - Increased government support and initiatives are anticipated to stimulate reading demand, creating a favorable environment for bookstores to thrive [8] - The market is expected to see a growing divide, with bookstores that possess cultural IP and service capabilities standing out, while traditional sales models are gradually being phased out [8]

作为开放前沿，该行多措并举提升跨境金融服务水平，支持江苏打造具有世界聚合力的双向开放枢纽。 跨境人民币使用实现跨越式发展。江苏省委、省政府高位推动，将相关指标纳入高质量发展考核。2025 年，全省跨境人民币收付总额突破3万亿元，较2020年翻两番，在本外币跨境收付总额中占比提升至 41%。贸易投融资便利化水平持续提升。截至2025年末，全省跨境人民币结算优质可信企业达5394家， 便利化业务规模5878亿元。支持136家企业集团开展跨境资金集中运营，业务规模突破5000亿元。汇率 围绕金融"五篇大文章"，该行出台专项行动方案，完善政策体系，推动金融资源向重点领域加速集聚。 截至2025年11月末，全省金融"五篇大文章"领域贷款余额达12.3万亿元，占各项贷款余额的43.5%； 2025年以来新增1.6万亿元，占全部贷款增量的近七成。科技金融体系日益健全。创新推出"技术成果转 化贷""苏创融""苏创积分贷"等特色产品，制定支持科技创新债券行动方案并推动成立华东地区首家省 级信用增进公司。自债券市场"科技板"推出以来，全省发行科技创新债券857亿元，其中银行间市场发 行533亿元，位居全国前列。截至2025年末， ...

责任编辑：杨喜亭 会议指出，2025年，中国人寿全系统真抓实干、攻坚克难，"333战略"平稳起步，以最佳业绩实 现"十四五"顺利收官，为开创"十五五"高质量发展新局面打下坚实基础。 1月28日至29日，中国人寿在京召开2026年工作会议及2026年全面从严治党暨纪检监察工作会议。 中国人寿党委书记、董事长蔡希良参加会议并讲话，党委副书记、总裁李祝用主持会议并总结。 会议强调，中国人寿全系统要全力做好2026年重点工作，坚决有力贯彻落实党中央重大决策部署， 加快推进数智变革，全面强化价值创造，纵深推进"333战略"实施，坚守主业推进"瘦身健体"，持之以 恒推进全面从严治党。全力实现经营业绩稳中有进、新增长极培育加力加速、数智变革成效初见、风险 防控扎实有效等高质量发展目标，为中国式现代化贡献国寿力量。 会议强调，中国人寿全系统要自觉把思想和行动统一到党中央对形势的科学判断和决策部署上来， 全面推进数智变革，着力塑造未来国寿，纵深推进"333战略"全面突破。以科技为支撑、以场景为牵 引、以价值为导向，统筹技术创新与运营升级，统筹自主可控与开放合作，统筹锻造长板与补齐短板， 统筹发展与安全，聚焦数据、算法、算力、平 ...

会议指出，2025年，中国太平坚持稳中求进，扎实推进防风险、强管理、促发展、保安全各项工 作，"稳"的基础更加坚实，"进"的动能更加强劲，高质量发展迈出坚实有力步伐。经营业绩稳中有进， 新会计准则下，中国太平实现营业收入1726.2亿元人民币，同比增长1.1%；2025年末总资产1.8万亿 元，较2025年初增长11.7%；管理投资资产2.5万亿元，较2025年初增长4%。 1月29日，中国太平在上海召开2026年工作会议。中国太平党委书记、董事长尹兆君出席并讲话， 党委副书记、总经理李可东作经营工作报告。 会议指出，"十四五"时期，中国太平坚决贯彻党中央、国务院决策部署，坚持稳中求进工作总基 调，持续深化改革，统筹发展和安全，推动集团高质量发展顶压前行、向新向优。一是毫不动摇坚持党 的全面领导，以高质量党建引领高质量发展。二是始终坚持金融工作的政治性、人民性，在服务"国之 大者"中践行初心使命、彰显央企担当。三是完整准确全面贯彻新发展理念，高质量发展成效明显。四 是持续深耕战略布局，着力构建面向未来的发展新优势。五是抓牢防风险强管理，在强基固本中筑牢行 稳致远的基础。 会议提出2026年目标任务。聚焦坚决贯 ...

Core Viewpoint - The Postal Savings Bank of China (PSBC) is focusing on strategic development during the "15th Five-Year Plan" period, emphasizing the implementation of Xi Jinping's thoughts and the directives from the 20th National Congress of the Communist Party of China [1][2] Group 1: Achievements and Strategic Focus - During the "14th Five-Year Plan" period, PSBC achieved significant results in overall development, value creation, reform transformation, operational management, and market scale, enhancing service quality to the real economy [1] - The bank aims to leverage the strategic opportunities of the "15th Five-Year Plan" by advancing six upgrades: specialization, lightweight, comprehensive, ecological, refined, and digital intelligence [2] Group 2: Development Goals and Initiatives - PSBC plans to shift from scale-driven growth to value-driven growth by creating a "second growth curve" and pursuing dual-line integration and development [2] - The bank will focus on six key battles: optimizing asset-liability structure, enhancing capital quality and efficiency, improving income quality, controlling costs, enhancing customer management, and strengthening risk control capabilities to achieve balanced, stable, and sustainable development [2] Group 3: Importance of 2026 - The year 2026 marks the beginning of the "15th Five-Year Plan," making it crucial for PSBC to effectively execute its reform and development tasks, which are significant for long-term success [2] - The bank is committed to closely aligning with the central leadership and maintaining a high-efficiency pace to foster a new development model and elevate its growth to new heights [2]

会议强调，要坚持守正创新、扬长补短，巩固拓展传统特色优势，补强短板弱项。加强协同联动， 推动商投行一体化、公私一体化、本外币一体化、集团一体化，提升金融服务适配性。大力服务国家高 水平科技自立自强，着力打造科技金融领军银行，扎实推进数智化转型，不断提升服务实体经济质效。 全面增强参与国际竞争能力，有力支持高水平对外开放。聚力做好县域金融服务，更好服务城乡融合发 展。构建全面主动智能敏捷的风控体系，推进风险早识别、早预警、早暴露、早处置。 1月28日至29日上午，建设银行2026年党的建设和经营管理工作会议在北京召开。建行党委书记、 董事长张金良出席并讲话，党委副书记、行长张毅主持会议并作报告和会议总结。 会议对2026年经营管理主要目标和重点工作作出安排。要求经营发展稳中求进、提质增效，统筹推 动各项业务高质量发展，增强核心竞争力和服务能力。全方位服务国家战略，支持扩大内需，推进金 融"五篇大文章"可持续发展，服务高水平对外开放，助力区域协调发展。以客户为中心，深化"圈链 群"服务模式升级，提升综合服务水平。加快推动集团数智化转型，持续提升企业级运营能力。守牢风 险合规底线，防范化解金融风险。强化人才支撑，加 ...

要始终把服务"三农"作为重中之重，全力支持乡村全面振兴和城乡融合发展。专注主责主业，持续 向县域农村倾斜金融资源。加大粮食全产业链、宜居宜业和美乡村建设、乡村特色产业等重点领域信贷 投放，高质量推进农户金融服务。建立健全常态化金融帮扶工作机制，助力守牢不发生规模性返贫致贫 底线。 要加大重点领域融资供给，助力巩固拓展经济稳中向好势头。坚持投资于物与投资于人紧密结合， 持续加大"两重""两新"和民生、消费等领域金融支持。进一步做优金融"五篇大文章"，完善科技金融服 务体系，全力支持现代化产业体系建设和新质生产力发展。 要有力有序有效防范化解风险，守牢高质量发展的安全底线。积极稳妥化解地方政府债务、房地产 等重点领域信用风险，持续抓好普惠零售贷款风险防控，始终保持资产质量优良。增强科技安全韧性， 提升新型风险防范化解能力。 1月28日，农业银行2026年党建和经营工作会议在京召开。农业银行党委书记、董事长谷澍就2026 年党建和经营工作作了讲话，党委副书记、行长王志恒主持会议并对2026年业务经营作具体安排。 会议强调，2026年是"十五五"开局之年，要深入学习贯彻党的二十届四中全会精神，全面深刻准确 领会和把握 ...