Group 1 - The core event involved Minmetals Futures conducting lectures on "Application Practices of Black Industry Derivatives" and "Application of Lithium Carbonate Industry Futures" at the University of International Business and Economics, aimed at educating and protecting investors [1][6] - The lectures featured insights from industry professionals, including Chen Bingkun and Jiang Quan, who provided a blend of theoretical depth and practical value to students [1][6] Group 2 - In the "Application Practices of Black Industry Derivatives" session, Chen Bingkun discussed the development of the Sino-US black industry chain and the critical role of financial derivatives in international market rule-making [3] - He introduced a price analysis framework based on industry cycles, macro policies, and economic operation laws, sharing practical methods for risk management, capital allocation, and trading strategy formulation [3] - Techniques such as spread resonance and dynamic position management were revealed, showcasing the investment wisdom of professional institutions [3] Group 3 - In the "Application of Lithium Carbonate Industry Futures" session, Jiang Quan analyzed the entire lithium element industry chain, emphasizing the strategic position of lithium carbonate as a core material for new energy vehicles and ternary lithium batteries [5] - He discussed the rapid expansion of market scale and the inherent logic behind price volatility, along with the operational mechanisms of lithium carbonate futures contracts [5] - Jiang Quan shared practical skills for risk assessment and hedging strategy design, based on years of experience serving real enterprises, focusing on the core goals of "locking in profits" and "optimizing profits" [5] Group 4 - The initiative reflects Minmetals Futures' commitment to integrating industry and education, fostering financial talent, and enhancing the rational investment level in the market [6] - The company plans to deepen cooperation with universities and conduct more diverse investor education activities to cultivate well-rounded financial professionals and contribute to a healthy, stable, and sustainable financial market environment [6]

青海省海东市循化撒拉族自治县尕楞藏族乡建设堂小学，地处海拔 3000多米的青藏高原边缘。这 里山谷相间，地形复杂，信息堵塞，交通不便。常年来，全校169名师生的水源主要依靠坡上村庄，水 压过低导致水流细、水流慢。喝热水只得依靠老旧的煤炉、电锅炉。 2025年5月中旬，建设堂小学的资助人在上海的一场活动中，偶遇董明珠，向她说起学校孩子们的 饮水困境。 董明珠看着手机上孩子们排队接水的照片，决定帮助学校提高饮水条件。 3000公里，格力，接力 100℃热水和55℃温开水两档选择，皆能秒出热水，孩子们和学校的教职工不仅能喝上安全健康的 热水，还能满足刷牙、洗脸等生活用水需求。 六一前夕，净饮设备正式启用。孩子们欣喜地围绕着净饮机，稚嫩的眼神对这两个大家伙充满了好 奇。 从县里到建设堂小学大约还有50公里，一路上翻山越岭、弯急坡陡，为了确保机器安全运输，在原 有的包装基础上，安装队长郭师傅又找了几块木板制成一个防撞的保护套，套在设备外围，以确保安 全。 滚烫的热水，是爱的温度 设备调试过程中，由于学校所处位置的水压实在太低，设备始终无法稳定。听闻这一消息，格力总 部又立即从兰州协调了一位技术骨干赶往现场，青海市循化县 ...

在5月22日至26日举行的第二十一届中国（深圳）国际文化产业博览交易会上，广晟控股集团携旗下多家企 业，以"文化赋能，攀高奋进"为主题，全面展示了集团通过文化建设赋能企业高质量发展的优秀成果。 在本届文博会上，广晟控股集团展位设计巧妙融入了岭南传统文化元素，分为多个主题区域，涵盖文化成果 展示、互动体验、产品展示等多个板块，展示了集团在文化与产业融合方面的探索与实践。 广晟控股集团在第二十一届中国（深圳）国际文化产业博览交易会上的展位 近年来，广晟控股集团高度重视企业文化和核心理念的塑造与落地，推行FAITH经营理念，即聚焦主业 （Focus）、行胜于言（Actions）、创新制胜（Innovation）、技术自强（Technology）和以人为本（Human- oriented）。广晟控股集团党委书记、董事长吕永钟表示，FAITH经营理念源于对国有企业初心使命的思考，是国 有企业改革发展问题导向与目标导向的结合，不仅是一套管理工具，更是一种信念。未来，广晟控股集团将继续 推动文化与科技深度融合，为集团的高质量发展注入新动能、新活力。（李敏） 广晟控股集团所属广东黄金集团打造的FAITH经营理念模型铜盘 互动 ...

Group 1 - The inauguration of Qifu Technology's Changjiang production base in Jingdezhen marks a significant milestone in the smart green lighting industry, attended by over 200 industry elites [1] - The Changjiang base signifies a new phase in technology research and industrial layout, establishing a benchmark for green intelligent manufacturing with full-spectrum eye-protecting lighting and AI ultra-energy-saving technologies [1][2] - Qifu Technology has accelerated the construction of a new energy-saving industry ecosystem, promoting the intelligent and low-carbon transformation of traditional lighting, with core products covering over 10 provinces and installing more than 300,000 energy-saving lamps, achieving an energy-saving rate exceeding 80% [1] Group 2 - The Changjiang base is expected to produce 6 million ultra-energy-saving lamps annually, with a production capacity of 800 million yuan, serving as a manufacturing service center for Central and North China [2] - The project integrates Shanghai's IoT technology with Jingdezhen's cultural heritage, creating a new model of "technology + culture + ecology" to support the development of a low-carbon cultural tourism demonstration area [2] - Future plans include deepening the "specialized, refined, distinctive, and innovative" construction, integrating energy-saving technology with energy management, and attracting high-end talent to build a regional energy-saving technology industry cluster [2]

陕西生化产业技术创新平台有限公司（下称"陕西生化"）及其母公司华森盛邦，凭借在生物医药中 间体及原料、健康食品原料领域的突破性成果，在细分赛道加速前行。 2021年，以董事长翁婧、总经理李蒲民为核心的5人技术骨干开启"二次创业"。他们解决"卡脖 子"技术为使命，构建起"基础研究—中试转化—产业化"的完整链条。他们的白藜芦醇、红景天苷及其 衍生物项目成功入选2024年陕西省重点新产品开发项目，标志着该企业在天然产物提取领域实现关键技 术突破。 在金融机构持续赋能下，这家民营科创企业有望在天然产物提取、合成生物学等前沿领域实现更 多"从0到1"的突破。 编辑：孙庭阳 在华森盛邦的成长轨迹中，长安银行的金融支持堪称关键力量。2024年9月20日，一笔1亿元的固定 资产贷款注入该企业账户，期限长达4年，专项用于科研中心建设及高端研发设备采购。这是陕西生化 成立后获得的首笔贷款。 长安银行通过"长安V+"小微金融品牌矩阵，构建起覆盖近40款产品的立体化服务体系。截至2024 年末，长安银行普惠型小微企业贷款款（不含贴现）余额471亿元，贷款户数达17万户。 在长安银行的战略版图中，华森盛邦案例折射出其服务民营经济的深层 ...

Core Insights - The 2024 China Internet Insurance Consumer Insight Report indicates a significant shift towards online insurance purchasing, with online purchase rates rising from 73% in 2023 to 78% in 2024, while offline rates decreased from 85% to 79% [1] - The report highlights the increasing penetration of inclusive insurance across various demographics, with rising online purchase rates observed among different age groups, city tiers, and income levels [1] - The report emphasizes the importance of embracing digital transformation in the insurance industry, advocating for a new ecosystem that integrates insurance, technology, and services [1] Consumer Spending and Trends - Nearly 60% of consumers are expected to spend over 8,000 yuan annually on insurance in 2024, showing a significant increase compared to 2023 [2] - Over 76% of consumers plan to adjust their insurance configurations in the next two years, indicating a growing recognition of the importance of insurance [2] - The report notes that 60% of consumers intend to upgrade their existing insurance products, while approximately 57% are using insurance for wealth management [2] Industry Evaluation - The report has been positively received by industry leaders, with the China Insurance Society's president praising its in-depth analysis of internet consumers' characteristics and behaviors [3] - The report provides valuable insights into consumer needs and trends, which can guide the high-quality development of the internet insurance sector [3]

编者按： 中国经济前景光明，信心在哪里？底气在哪里？活力在哪里？《解码中国经济 ——12 位经济学家的思享 课》一书由《中国经济周刊》编写，特邀黄奇帆、刘世锦、董煜等 12 位著名经济学家，深入解读中国经 济未来走势。 2025 年是 " 十五五 " 规划编制的谋划之年。书中对今年这个关键节点的重要意义进行了解读。在作者看 来，五年规划和体制改革之间的深度互动，是中国发展奇迹的重要秘诀。以下内容为书籍节选，内容有 删减。 为什么2025年是关键节点 对于中长期发展，2025年是一个关键时间节点。 2025年是"十五五"规划编制年，既要实现"十四五"规划的收官，也要谋划好下一个五年的发展。 文 | 董煜 "十五五"规划 （2026—2030年）是我国迈向2035年基本实现社会主义现代化目标的关键五年规划。 一方面，2024年中国国内生产总值（GDP）站上130万亿元人民币的新台阶，2025年是"十四五"规划收 官之年，同时也是"十五五"规划的谋划之年；另一方面，全球经济格局正在经历深刻变革，数字化浪潮 汹涌澎湃。外部环境变化带来的不利影响加深，新旧动能转换的压力持续，中国经济大船更需顶风破浪 前行。 要为高质量 ...

Core Viewpoint - CATL raised approximately 32.885 billion RMB (35.657 billion HKD) through its listing on the Hong Kong Stock Exchange, with the funds primarily allocated for its factory operations in Hungary, indicating a strategic shift towards global capital markets amid slowing domestic growth [1][4]. Group 1: IPO and Market Context - CATL's IPO process was notably swift, taking only 128 days from filing to completion, which is faster than many other companies [3]. - The company is facing a 9.7% year-on-year decline in revenue for 2024, marking its first revenue drop since its 2018 listing, with its "power battery system" segment experiencing an 11.29% decrease [4]. Group 2: Domestic Challenges and International Expansion - The domestic market for CATL is becoming increasingly competitive, leading to a decline in its market share, which fell below 40% as competitors like BYD and others gained ground [4][5]. - The company is focusing on overseas markets as a key growth area, particularly in the U.S. and Europe, where local battery manufacturers are still developing [5]. Group 3: Funding and Project Allocation - The funds raised from the Hong Kong listing will primarily support the construction of CATL's factory in Hungary, with 90% of the proceeds directed towards the first and second phases of the project, which has a total planned capacity of 100 GWh [6]. - The total investment for the Hungarian project is estimated to be under 7.3 billion euros, with CATL having already invested approximately 700 million euros by the end of 2024 [6]. Group 4: Competitive Landscape and Investor Support - Other Chinese battery suppliers, such as EVE Energy and Sunwoda, are also establishing operations in Hungary, indicating a competitive landscape in the European market [7]. - CATL's Hong Kong listing attracted a diverse group of cornerstone investors, including traditional energy giants and sovereign wealth funds from 15 different countries, highlighting strong institutional support [7][8].

近期，多地发布购房补贴新政。 5月29日，合肥发布购房补贴政策有关通知，对2025年5月15日起至2026年5月14日，凡在合肥市新 购买新房的购房人或新购买新建车位（库）的购置人，继续实施购房补贴。 5月28日，泰州发布购房补贴发放细则，购房补贴对象包括换新购、组团购、孝心购、多孩购、拥 军购、进城购、返乡购、来泰购，补贴标准最高为购房款总额的2%。 证券时报记者梳理，近期，除了合肥、江苏泰州，广东佛山、兰州、武汉也发布了购房补贴新政。 据中指研究院不完全统计，2025年以来，全国超50地发布购房补贴政策，对于多孩家庭、人才等特 定人群的补贴力度更大，如武汉针对购买新房的二孩、三孩家庭分别发放6万元、12万元的购房补贴， 绍兴柯桥区补贴力度更大，二孩、三孩及以上家庭补贴标准分别为1500元/平米、2500元/平米，最高分 别可补贴至20万元、40万元。中指研究院认为，加大特定人群的购房补贴力度，能够有效降低其购房成 本及购房门槛，加速其购房需求入市。 泰州最高给予购房款总额的2% 5月28日，"泰州建设"微信公众号发布了《2025年泰州市区发放购房补贴操作细则》，购房补贴对 象包括换新购、组团购、孝心购、多 ...

文|杨瑞龙 我国设定2025年GDP增长5%左右的目标，是一个实现起来有一定难度，但又是"跳起来够得着"的目 标。 近期，国家相关部门实施了稳定预期、促进消费的举措，让这些政策得到有效发挥，我们不仅要关注企 业投资与家庭消费，也要关注地方政府功能发挥。 近些年，传统的依靠挖掘地方政府经济功能实现增长的模式，现在面临诸多挑战，转型已成为必然选 择。 第一，重塑地方政府发展经济的动力机制。过去地方政府发展中存在的一些问题，需要通过严查贪污、 整顿作风、问责债务等措施来消除。现在，当务之急要激发地方政府发展经济的内在动力。 到2035年，我国要全面建成高水平社会主义市场经济体制，基本实现社会主义现代化。与这一发展阶段 相适应，地方政府发展经济的作用仍然不可或缺。当下，评价地方的发展成果、考虑干部的政绩升迁， 不再将GDP作为唯一标准。但是，我们仍然需要强化对地方政府的GDP考核，重塑地方政府发展经济的 动力机制。 第二，对于地方政府官员的激励和约束需要对称化。强化对地方政府官员的约束固然重要，但同时必须 优化激励。如果激励与约束不对称，可能会扭曲地方政府官员的行为。 当前的约束机制较为刚性，存在多项一票否决制，即使 ...