Group 1 - The core viewpoint of the articles indicates that China's manufacturing industry is expected to see a sales revenue growth rate that exceeds the national average by 1.7 percentage points by 2025, with manufacturing accounting for 29.7% of total sales, an increase of 0.5 percentage points from the previous year [1][2] Group 2 - The acceleration of intelligent upgrades in manufacturing is highlighted, with a projected year-on-year increase of 11.3% in the purchase of automation equipment and 10% in digital equipment by 2025, indicating a faster pace of intelligent transformation and digital renovation [1] - The sales revenue of the intelligent equipment manufacturing sector is expected to grow by 28.1% year-on-year, with industrial robots and special operation robots seeing increases of 17.4% and 42.1% respectively [1] Group 3 - The ongoing green transformation is noted, with high-energy-consuming manufacturing's sales revenue share decreasing by 1.1 percentage points, reflecting an optimization of the industrial structure [2] - The amount spent by manufacturing enterprises on environmental governance services is projected to increase by 7.3% year-on-year, with high-energy-consuming sectors seeing a 14.6% increase [2] - The sales revenue of the new energy vehicle manufacturing sector and lithium-ion battery manufacturing sector is expected to grow by 14.3% and 25.1% respectively [2] Group 4 - The deepening digital integration is emphasized, with a projected 9.4% year-on-year growth in sales revenue for digital product manufacturing and a 10.4% increase in the purchase of digital technologies by manufacturing enterprises, which is 3.5 percentage points faster than the previous year [2] - The automotive manufacturing and computer communication equipment manufacturing sectors are expected to see year-on-year increases of 24.5% and 11.8% in their purchases of digital technologies [2] Group 5 - The tax authorities are committed to implementing policies that support the transformation and upgrading of the manufacturing sector, ensuring that tax benefits reach enterprises effectively to contribute to high-quality development in manufacturing [2]

1月21日，2026年首趟中欧班列（西安）"门到门"年货专列满载着哈萨克斯坦成品粮油、蜂蜜等农产品 驶抵西安。已连续开行三年的中欧班列（西安）"门到门"年货专列，实现从国外仓库发运到国内仓库收 货的"门到门"运输，既有效提升货物运输效率、降低企业运输成本，又丰富春节市场供应。 新华社记 者 李一博 摄 1月21日，中欧班列（西安）"门到门"年货专列开抵西安浐灞国际港爱菊农产品物流加工园区（无人机 照片）。 ...

施工中的厦门翔安国际机场（1月20日摄，无人机照片）。 位于福建省厦门市翔安区大嶝岛东南端的厦门翔安国际机场，总体规划核心区面积20.16平方公里，分 三期建设，计划2026年年底通航，届时可满足年旅客吞吐量4500万人次、货邮吞吐量75万吨、飞机起降 38万架次的使用需求。 新华社记者 魏培全 摄 作为国家"十四五"重大交通枢纽工程，厦门翔安国际机场目前已全面转入竣工验收、校飞试飞与转场筹 备关键期。 ...

● 本报记者 昝秀丽 坚决打击财务造假、操纵价格、内幕交易等恶性违法行为，畅通行政刑事衔接机制，强化科技赋能监 管……证监会2026年系统工作会议释放出监管"零容忍"升级信号。 市场人士分析，"零容忍"持续升级，旨在进一步提升监管执法有效性和震慑力。监管执法正从"长牙带 刺"转向"精准拆弹"，资本市场生态将迎来更深层次优化。 提升监管执法有效性和震慑力 监管部门明确，坚持依法从严，着力提升监管执法有效性和震慑力，坚决打击财务造假、操纵价格、内 幕交易等恶性违法行为。 国浩律师（上海）事务所合伙人黄江东表示，"坚持依法从严""进一步严肃市场纪律"，是监管部门对新 一年资本市场执法工作定下的基调。当前，内幕交易、操纵市场等违法行为日益呈现隐蔽化、组织化和 技术化的新特征，给监管执法带来新挑战。 黄江东举例，内幕交易的认定依赖"联络+接触"推定原则，操纵市场行为则凸显团伙化、职业化特质， 两者均存在违法链条长、主体多元、手段隐蔽等问题，对全链条打击和精准追责提出更高要求。面对这 些挑战，强化协同作战，尤其是畅通行政监管与刑事司法之间的衔接机制，已成为关键共识。 近期，证监会牵头召开资本市场财务造假综合惩防体系跨部门 ...

Core Insights - The core theme of the news is the significant advancements and future potential of the artificial intelligence (AI) industry in China, particularly in the fields of humanoid robots and smart manufacturing [1][2][3]. AI Industry Development - By 2025, the number of AI companies in China is expected to exceed 6,000, with the core industry scale projected to surpass 1.2 trillion yuan [1][2]. - The AI computing power in China has reached 1,590 EFLOPS, ranking among the top globally, supporting rapid development in the AI sector [2]. Product and Application Expansion - The market for smart glasses has seen over 1.78 million units shipped, with nearly 80% being AI-enabled, enhancing technological integration into daily life [2]. - AI applications are now penetrating key industries such as steel, non-ferrous metals, electricity, and telecommunications, improving processes like product development and quality inspection [2]. Strategic Directions for AI Growth - The Ministry of Industry and Information Technology (MIIT) has outlined five strategic directions for promoting high-quality AI development, including technology innovation, application integration, enterprise cultivation, ecosystem construction, and safety governance [3]. Smart Manufacturing Advancements - AI has been integrated into over 70% of business scenarios in leading factories, with more than 6,000 vertical models developed, facilitating the evolution of smart manufacturing from automation to autonomy [3][4]. - China has established over 35,000 basic-level smart factories and is nurturing advanced and excellent-level factories to lead industry transformation [4]. Humanoid Robot Industry Progress - The humanoid robot sector is expected to see significant growth, with over 140 companies anticipated to produce more than 330 humanoid robot models by 2025 [4][5]. - Current humanoid robots are advancing in capabilities, transitioning from performance on stage and in competitions to practical applications in homes and factories [4]. Future Initiatives - The MIIT plans to continue promoting technological innovation in humanoid robots, enhance safety measures, and support the establishment of a humanoid robot open-source community to facilitate global sharing of innovative outcomes [5].

Core Viewpoint - The People's Bank of China emphasizes the acceleration of the construction of a cross-border payment system for the renminbi, aiming for diversified and multi-layered development in cross-border payment services [1] Group 1: Payment System Development - The 2026 payment settlement work will closely align with the "14th Five-Year Plan" and the goal of building a strong financial nation, promoting high-quality development of a modern payment system [1] - The meeting calls for strict implementation of transparent regulation of payment institutions and functional regulation of payment services, aiming to create a healthy industry ecosystem through a combination of administrative and self-regulatory measures [1] Group 2: Service Optimization and Innovation - Continuous efforts will be made to optimize payment services, ensuring convenient and secure payment options for users [1] - The enhancement of service quality and efficiency in payment systems will be driven by innovation, facilitating the upgrade of the industry [1]

Core Viewpoint - Lushan New Materials has officially launched a new type of battery-free dual-mode electronic skin, aiming to become a key supplier of materials and solutions for humanoid robots and smart terminals during the 14th Five-Year Plan period [1][2]. Group 1: Product Launch - The new battery-free electronic skin features "pressure-temperature" dual-mode integrated sensing technology, allowing it to capture both pressure and temperature changes, providing richer environmental information [1]. - Compared to traditional capacitive and piezoresistive sensors, the battery-free electronic skin offers high sensitivity and high signal-to-noise ratio, making it sensitive to subtle forces like fingertip touches and pulse beats [1][2]. Group 2: Material and Cost Advantages - The materials used in the battery-free electronic skin are soft and stretchable, allowing for a close fit to complex surfaces like robot joints and fingertips without affecting movement freedom [2]. - The core sensitive materials are based on polymers and ion compounds, which can be optimized for cost control, indicating significant potential for large-scale application [2]. Group 3: Strategic Transformation - The launch of the electronic skin represents a significant step for Lushan New Materials in transitioning from a functional materials supplier to a solution provider, leveraging over 20 years of experience in functional materials [2][3]. - The company is actively responding to the demands of the humanoid robot and artificial intelligence industries by developing a series of key supporting materials [3]. Group 4: Market Applications - The electronic skin is expected to enable robots to have tactile feedback, enhancing accuracy and safety in tasks such as grasping [3]. - In health and energy monitoring, the electronic skin can provide real-time monitoring support for rehabilitation devices, smart wearables, and lithium batteries [3]. - The company aims to explore the practical value of electronic skin in real-world scenarios through collaboration with integration enterprises and research institutions [3]. Group 5: Growth Strategy - Founded in 1998, Lushan New Materials focuses on the research, production, and sales of green, high-performance functional polymer materials, with applications in various fields including renewable energy and optical displays [4]. - During the 14th Five-Year Plan period, the company is concentrating on electronic consumer products and renewable energy, promoting the development of advanced new materials [5]. - The company plans to enhance market share through new products and projects, implementing a dual-driven development strategy to solidify its market position [5].

Core Viewpoint - Yihua Da is committed to deepening its global strategic layout during the "14th Five-Year Plan" period, aiming to become a global infrastructure supplier for intelligent equipment [1] Group 1: Company Strategy and Development - Yihua Da focuses on the long-tail demand for automation equipment, providing a one-stop supply of factory automation components through standardized design and classification [2] - The company has developed a comprehensive product system covering 199 major categories and 4,573 subcategories of factory automation components, establishing industry standards [3] - Yihua Da has achieved steady growth, with a revenue of 2.197 billion yuan in the first three quarters of 2025, representing an 18.30% year-on-year increase [3] Group 2: Digital Transformation and Innovation - The company embraces digitalization, utilizing AI technology to enhance efficiency in quoting and recognition processes, significantly reducing response times [4] - Yihua Da is exploring the integration of more components for robots and aims to become a key supplier in the robotics sector [4] Group 3: Financial Performance and Shareholder Engagement - Yihua Da implemented semi-annual dividends for the first time in August 2025, reflecting strong cash flow and commitment to shareholder returns [5] - The company maintains a cash dividend ratio exceeding 30% annually since its listing in 2021, emphasizing transparency and communication with investors [6] Group 4: Global Expansion - Yihua Da is accelerating its globalization strategy, viewing overseas markets as a crucial part of its overall development [7] - The company has made significant progress in its overseas layout over the past two to three years and plans to enhance its global presence [7]

Core Viewpoint - Fangda Special Steel has successfully connected its ultra-high temperature subcritical gas power generation Unit 2 to the grid, marking a significant advancement in the efficient utilization of surplus gas and aligning with national carbon reduction goals [1] Group 1: Project Overview - The ultra-high temperature subcritical power generation project includes two 65MW generator units, which are part of a key technological upgrade to support the national "dual carbon" objectives [1] - The project utilizes advanced domestic technology, featuring two 220t/h ultra-high temperature subcritical gas boilers and two 65MW steam turbines, significantly improving power generation efficiency compared to traditional units [1] Group 2: Environmental Impact - The project is expected to generate an additional 680 million kilowatt-hours of electricity annually, reducing the company's reliance on purchased electricity and decreasing carbon emissions by 364,900 tons per year [1] Group 3: Management and Efficiency - The project was executed with meticulous management throughout its lifecycle, ensuring high standards and efficiency, which contributed to the successful grid connection of Unit 2 [2] - The centralized control of the main control systems for the two 65MW generator units enhances both power generation efficiency and management effectiveness, with plans to extend this centralized control to other power supply systems within the company [2]

Core Viewpoint - The commercial aerospace industry in China is experiencing rapid growth, particularly in the space photovoltaic sector, driven by advancements in reusable rocket technology and large satellite constellation networks [1][2]. Group 1: Industry Growth and Demand - The space photovoltaic sector has seen a significant increase in demand due to the scaling of satellite networks and the upgrade of onboard equipment, which enhances energy supply efficiency [1][3]. - The commercial aerospace era has shifted satellite launches from dozens to potentially thousands per constellation, significantly increasing the demand for space photovoltaic cells [3][4]. - The efficiency of solar power generation in space is 2-3 times higher than on Earth due to continuous sunlight availability in geostationary orbit [2][3]. Group 2: Technological Advancements - Current space photovoltaic technology utilizes solar energy collected in space, which is then transmitted to Earth as microwaves or lasers, achieving high conversion efficiency [2][3]. - Emerging technologies such as P-type HJT and perovskite solar cells are expected to become viable alternatives to traditional gallium arsenide cells, potentially lowering costs and enhancing performance [3][6]. Group 3: Market Dynamics and Investment Opportunities - The space photovoltaic industry is currently in its introduction phase, with a focus on developing supply capabilities and addressing the unique challenges posed by the space environment [4][5]. - Companies that establish a foothold in the space photovoltaic market can benefit from high profit margins due to the low sensitivity to costs in space applications [5][6]. - Investment opportunities are expected to arise in segments such as thin-film HJT and perovskite solar products, which are anticipated to capture larger market shares as commercial aerospace expands [6][7]. Group 4: Future Outlook - The rapid development of the commercial aerospace industry is expected to create a new growth area for space photovoltaics, with long-term investment value becoming increasingly apparent as technology matures [7]. - The differentiation among companies in the supply chain will likely intensify, providing varied growth opportunities as the industry evolves [7].