Core Viewpoint - The State Council Information Office will hold a press conference on January 15, 2026, to discuss the effectiveness of monetary and financial policies in supporting high-quality economic development and to outline future work directions [1] Summary by Relevant Categories Financial Support for Economic Development - The press conference will summarize the financial support provided to the economy in the previous year and discuss the effectiveness of financial work in 2025 [1] - It will also introduce key focus areas for financial support in 2026 [1] Key Personnel - The conference will feature remarks from the spokesperson of the China News Office and the Deputy Governor of the State Administration of Foreign Exchange, Zou Lan, and Li Bin, respectively [1] Engagement with the Public - Journalists will be present to provide real-time updates on the key points discussed during the press conference, and the public is encouraged to submit questions of interest [1]

Core Viewpoint - *ST Chengchang has applied for a trading suspension due to significant stock price fluctuations, which have been identified as severe abnormal trading behavior, following multiple instances of unusual trading patterns over a 10-day period [1] Group 1: Stock Trading and Suspension - The company has experienced severe abnormal trading fluctuations, leading to a trading suspension starting January 13, pending an investigation [1] - The stock has seen four instances of abnormal trading within ten consecutive trading days, prompting the company to take action to protect investor interests [1] Group 2: Business Performance and Market Position - *ST Chengchang is positioned as one of the few companies in China capable of providing complete and advanced microwave and millimeter-wave phased array T/R chip solutions, as well as aerospace-grade chip R&D, testing, and production [5] - The company has reported a stock price increase of 177% since early December, with 20 trading days of price limits up and 2 days down, indicating strong market interest [5] - The company’s products are based on GaN, GaAs, and silicon technologies, applied in various fields including detection, communication, navigation, and electronic countermeasures [5] Group 3: Financial Outlook and Future Prospects - For the fiscal year 2024, *ST Chengchang is projected to achieve revenue of 212 million yuan, a decrease of 26.38% year-on-year, while for the first three quarters of 2025, revenue is expected to rise to 306 million yuan, an increase of 204.78% [8] - The company aims to lift its stock from the delisting risk warning status by achieving positive net profit and revenue above 300 million yuan in 2025 [8] - The company has noted a significant improvement in its performance for the first three quarters of 2025, attributing this to a recovery in downstream demand and an increase in project numbers and order amounts [9] Group 4: Industry Context and Demand - The commercial aerospace industry is in its early stages, with uncertainties regarding the mass launch and networking pace of low-orbit satellite constellations [7] - The company is expanding its product coverage in the satellite sector and has established close cooperation with key downstream institutions to meet customer demands [10] - The company is optimistic about its annual performance, citing accelerated industry demand and a significant increase in orders and projects [10]

Group 1 - The financing margin ratio for the Shanghai and Shenzhen Stock Exchanges was reduced from 100% to 80%, leading to a steady increase in financing scale and trading volume [2] - The exchanges indicated that recent financing transactions have become notably active, with market liquidity being relatively ample, prompting a return to a 100% financing margin ratio to help lower leverage levels and protect investors' rights [2] - The adjustment applies only to newly opened financing contracts, while existing contracts will continue under the previous regulations [2] Group 2 - As of January 14, the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index rose by 1.20%, 1.98%, and 2.24% respectively, with over 4,700 stocks in the market increasing [2] - The total market turnover reached 2.25 trillion yuan, with the A-share market achieving a daily turnover exceeding 3 trillion yuan for three consecutive days from January 9 to 13, setting a new historical record [2] - Sectors such as internet, software, and cultural media saw significant gains, while the AI application sector continued to strengthen [2]

Core Viewpoint - In 2025, China's foreign trade demonstrated strong resilience and vitality, achieving a total import and export value of 45.47 trillion yuan, an increase of 3.8% compared to the previous year [1][3]. Group 1: Trade Growth and Characteristics - The total import and export value exceeded 45 trillion yuan, marking a historical high and maintaining China's position as the world's largest goods trading nation [1]. - Trade with over 240 countries and regions was recorded, with exports to countries along the "Belt and Road" reaching 23.6 trillion yuan, a growth of 6.3%, accounting for 51.9% of total trade [1]. - High-tech product exports reached 5.25 trillion yuan, growing by 13.2%, with green products like "new three samples" and wind turbine generators seeing increases of 27.1% and 48.7% respectively [1]. Group 2: Import Dynamics - Imports maintained growth for three consecutive quarters starting from the second quarter, with total imports of 18.48 trillion yuan, a growth of 0.5% [2]. - Key imports included mechanical and electrical products valued at 7.41 trillion yuan, increasing by 5.7%, with electronic components and computer parts growing by 9.7% and 20% respectively [2]. - Consumer goods such as fresh and dried fruits and edible vegetable oils saw import values increase by 5.6% and 16.6% respectively [2]. Group 3: Business Vitality and Market Potential - Over 780,000 enterprises engaged in import and export activities, with private enterprises contributing significantly, achieving a total trade value of 26.04 trillion yuan, a growth of 7.1% [2]. - China's large population and growing middle-income group provide substantial market potential, with domestic economic recovery driving production and consumption demand [4]. - China's complete industrial system and continuous innovation enable it to adapt to international market demands, with equipment manufacturing exports reaching 16.03 trillion yuan, growing by 9.2% [4]. Group 4: Future Outlook and Challenges - Despite a challenging global trade environment, China's foreign trade is expected to remain stable, supported by institutional, market, and industrial advantages [5][6]. - The global trade growth forecast for 2026 has been significantly downgraded to 0.5%, indicating a tough external environment for trade [6]. - China's trade policies and measures are designed to enhance resilience and provide stability for future trade growth [6].

Core Insights - The article highlights the significant role of insurance in providing support and financial security during health crises, emphasizing that it is more than just a contract but a source of comfort and dignity in difficult times [1] Group 1: Personal Experience - A case study of a woman from Liaoning, Ms. Li, illustrates the impact of insurance on personal health challenges, as she joined the Taikang Life Health Wealth Planner (HWP) team and purchased comprehensive insurance policies with an annual premium exceeding 200,000 yuan [2] - After a routine health check-up, Ms. Li was diagnosed with breast cancer, which led to a swift initiation of insurance claims, resulting in a total of 60,000 yuan received for critical illness and surgery allowances shortly after her diagnosis [2][3] Group 2: Medical Support Services - The article describes the challenges faced during the treatment journey, including the need for expedited medical services, which were facilitated by Taikang's "Green Channel Service," allowing Ms. Li to receive timely appointments and necessary medical procedures without long waiting times [3] - Financial support was also provided through hospitalization advances, totaling 14,023.84 yuan, with additional insurance payouts covering 64,000 yuan throughout her treatment, alleviating her financial burden significantly [4] Group 3: Emotional and Professional Reflection - Ms. Li's experience led to a deeper appreciation for the warmth and care provided by the insurance process, transforming her perception of the industry from a mere promise to a tangible support system [4] - As both a client and an industry professional, Ms. Li expressed a profound respect and pride for her work in the insurance sector, recognizing the importance of the services offered during critical health challenges [4]

在浙江嘉兴嘉善县一家医院的病房里，80多岁的章大伯刚从急性胃炎、肺炎的病情中稳定下来，可 行动不便的他，让家人犯了难：怎么安全出院回家？正当一筹莫展之时，他们想起了人保财险浙江嘉兴 嘉善支公司长护险业管中心提醒过，长护险参保人员可预约"善诚护送"服务。"以前出院转运要自己花 钱，现在两次转运下来，160元费用直接减免，体贴入微的政策真是帮到了心坎上！"章大伯的儿子告诉 记者。 据人保财险相关人士介绍，党中央作出"健全基本公共服务体系，提高公共服务水平"决策部署，推 动非急救转运服务纳入长护险保障范围。当地人保财险工作人员深入社区、医院、养老机构，与失能家 庭、医护人员面对面座谈，全面梳理群众在出院转运环节的急难愁盼问题。2024年10月，嘉善县成为浙 江省首个非急救转运惠民机制试点城市。一年下来，这项服务已使用106次，为不少失能患者解决了出 院回家的实际困难。 "多亏了黄医生，她精神好多了，孩子们终于能喘口气奔事业了！"在河北邢台清河县葛仙庄，张阿 姨的老伴摩挲着护理日志上的"红勾"，向人保财险的长护险专员道谢。此前，张阿姨突发脑出血后僵卧 在床，儿女们分身乏术无法及时照料，直到村医黄医生定期上门服务，为张 ...

Core Viewpoint - The "Art Returns to the Mountains" public welfare project initiated by China Life Insurance aims to bridge the gap in aesthetic education between urban and rural areas, providing quality art education resources to rural children [1][2]. Group 1: Project Overview - The "Art Returns to the Mountains" project was launched in 2020, focusing on delivering quality aesthetic education resources to rural areas through offline art experiences, art courses, and donations of art supplies [1]. - As of now, the project has reached 188 schools across 159 cities in China, benefiting 45,000 students [1]. Group 2: Educational Activities - The project includes various themed art classes, such as "Space Technology" and "My Hometown," where children engage in creative activities that enhance their understanding of traditional culture and personal expression [2]. - China Life Insurance collaborates with art institutions and renowned teachers to bring quality courses to rural classrooms, ensuring children have access to professional art education [2]. Group 3: Resource Provision - The company has prepared customized art toolkits for rural schools, which include painting supplies and educational materials, alongside donations of children's books and sports equipment [2][3]. - Over the years, the project has consistently provided high-quality aesthetic education resources and support to rural children in various provinces, including Gansu, Hunan, Shandong, and Jiangxi [3]. Group 4: Community Engagement - Volunteers from China Life Insurance actively participate in delivering art toolkits and organizing outdoor activities, fostering a supportive environment for children [3]. - The project has become a long-term partner in rural aesthetic education, with annual expectations from children for the art classes and resources provided [3].

Core Viewpoint - Huineng Crystal Technology Co., Ltd. has been fined a total of 11.4 million yuan due to significant financial misconduct, including fund misappropriation and financial fraud [1][7]. Group 1: Financial Misconduct - The company transferred 28.33 million yuan to related parties under the guise of procurement in 2020, which constituted 5.12% of its net assets, and failed to disclose this in its annual report, leading to a major omission [3][5]. - To cover up the fund misappropriation, Huineng Crystal engaged in financial fraud from 2021 to 2022, inflating revenue by 25.49 million yuan in 2021 and 62.33 million yuan in 2022 [6]. Group 2: Regulatory Actions - The Guangdong Securities Regulatory Bureau imposed a fine of 3 million yuan on Huineng Crystal and penalized its executives, including a 4 million yuan fine on the chairman [7]. - The company acknowledged that the violations identified in the administrative penalty decision were consistent with those in the prior notice, and these violations did not trigger mandatory delisting conditions [7]. Group 3: Company Performance - Huineng Crystal reported a 4.7% year-on-year decline in revenue and a net loss of 76.12 million yuan in the third quarter of 2025, indicating a significant worsening of financial performance [7].

Core Viewpoint - The Financial Regulatory Administration has responded to various proposals from the National People's Congress and the Chinese People's Political Consultative Conference, outlining directions for enhancing the quality of agricultural insurance development, including revisions to the Agricultural Insurance Regulations, integration of agricultural data, and the promotion of green agricultural insurance [1][2][3][4][5][6]. Group 1: Agricultural Insurance Regulation Revisions - The Financial Regulatory Administration acknowledges the importance of revising the Agricultural Insurance Regulations to adapt to changing conditions and improve the agricultural insurance system, which has been in place since March 1, 2013, and was revised in 2016 [2]. - The existing legal framework for agricultural insurance is deemed relatively complete and has proven effective in stabilizing farmers' incomes and supporting modern agricultural development [2]. Group 2: Integration of Agricultural Data - The administration is focused on enhancing the technological capabilities of agricultural insurance through the integration of various data sources, including big data, satellite remote sensing, and GPS technology, to improve underwriting and claims processes [3]. - Future efforts will involve collaboration with relevant departments to strengthen the national agricultural insurance information management platform, promoting data sharing and optimizing risk management services [3]. Group 3: Green Agricultural Insurance - The Financial Regulatory Administration is promoting the establishment of a green agricultural insurance service system aimed at supporting sustainable agricultural development and mitigating ecological risks [4]. - Insurance companies are encouraged to collaborate with research institutions to develop risk assessment models based on big data and remote sensing technology, enhancing the precision of risk evaluations [4]. Group 4: Agricultural Employment Insurance - The administration is guiding insurance companies to develop products that address employment risks, including various employer liability insurances, to support flexible employment in the agricultural sector [5][6]. - The focus is on providing better insurance coverage for flexible workers in agriculture, ensuring that insurance products are designed to meet the specific needs of different industries and job types [6].

"确诊即赔"是很多重疾险产品宣传时吸引消费者的承诺。然而，不少消费者在真正确诊重大疾病后 却遭遇拒赔，原因往往隐藏在保险合同冗长的免责条款或疾病的"二次限定"条件之中。由于重疾险的高 度专业性，相关争议时有发生。近期，北京市西城区人民法院（以下简称"西城区法院"）发布一起典型 案例。 针对此类问题，法官建议多方协同共治。西城区法院金融街人民法庭副庭长苏畅表示，保险公司要 严格合规经营，严格规范销售全流程，全面提升理赔服务质量，发挥风险保障最大效能；保险行业协会 要重视自律管理，牵头更新示范条款，发挥行业自律惩戒职能，激发合规展业内生动力；消费者也要提 高自身法律意识，认真阅读保险条款，从正规渠道购买保险，依法维护自身权益；监管司法更要联动作 为，建立常态化信息共享机制，在多元纠纷调解机制上深入合作，发挥行业治理最强合力。 责任编辑：袁浩 贾某申请理赔后，保险公司以"未出现角膜色素环、未进行肝脏活检"为由拒赔，认为未达到合同约 定的严重程度。贾某提交的病历显示，患儿K-F环呈阴性，但该指标并非衡量病情严重程度的依据；未 进行肝活检，是因为该检查非必需项目。患儿基因检测及肝功能等指标已能明确诊断。贾某遂向法院提 ...