2026年是"十五五"开局之年。站在新的历史起点，如何系统性地提振消费、切实扩大内需，成为重要课题。1月15日，新京报宣布正式成立"消费研究院"。 这意味着，作为主流媒体，新京报将致力于从消费领域的观察者、记录者，成长为更加积极的研究者、建设者和推动者。 1月15日，国家市场监督管理总局新闻宣传司司长王秋苹，新京报社党委书记、社长汤一原，和北京市市场监督管理局、北京市商务局、河北省市场监督管 理局以及行业协会相关负责人等嘉宾，一同为新京报消费研究院揭牌。15位业界专家、学者、律师被聘任为研究院专家顾问团首批成员。 王秋苹在揭牌仪式上表示，作为时代的忠实记录者和敏锐观察者，新京报始终聚焦百姓关切，推出了一系列有深度、有力度的民生监督报道，成立消费研究 院是职责的延伸，也是面向未来的主动担当。 她表示，期待未来的新京报消费研究院能成为一座桥，能为决策者提供参考，为经营者提供借鉴，为消费者提供启迪，助力创造更富品质的供给，激发更为 内在的需求，守护更加公平的环境，最终通向人民心中更加美好的向往。 汤一原表示，作为主流媒体，新京报始终坚持以人民为中心的新闻理念，今年以来，持续加大民生调查报道中涉及消费的内容比重，助力 ...

Group 1 - The New Beijing Report Consumer Research Institute held its first annual meeting on January 15, focusing on enhancing consumption quality and building a multi-party dialogue platform for high-quality consumption development [1] - The year 2026 marks the beginning of the "14th Five-Year Plan," with industry representatives discussing opportunities and challenges in improving consumption quality [1] Group 2 - Key industry figures, including Ma Qingjun from the Beijing Cultural and Tourism Bureau and Zhou Yanlong from the Beijing Culinary Association, explored practical paths for upgrading consumption quality through diverse consumption scenarios [2][4] - Wei Shujian, President of Shouheng Group, emphasized the importance of a modern agricultural product circulation system to ensure supply stability and price control during the "14th Five-Year Plan" [4] - The focus will be on digital transformation to shift from "production-driven" to "consumer-led," utilizing big data for precise supply-demand matching [4] Group 3 - The restaurant industry views "staying true" as essential, with Zhou Yanlong highlighting the need for a balance between survival and quality, emphasizing respect for ingredients and culinary skills [5] - The Suzhou Daoxiangcun Group's President, Zhou Liyuan, noted that maintaining quality standards and avoiding price wars are crucial for traditional brands, alongside innovation to attract younger consumers [5] Group 4 - The cultural tourism sector is also vital for enhancing consumption quality, with initiatives to transform cultural heritage into experiential offerings [5] - Ma Qingjun discussed the East District's efforts to innovate cultural consumption experiences, integrating art exhibitions and technology to deepen the connection between cultural and consumer value [5] Group 5 - Challenges and opportunities coexist during the "14th Five-Year Plan," with cross-industry integration, digital transformation, and supply chain resilience identified as key drivers for improving consumption quality [6] - Wei Shujian pointed out the pressures from global trade uncertainties but also the potential for breakthroughs in overseas markets, leveraging existing trade relationships with over 50 countries [6] Group 6 - Zhou Yanlong highlighted the dual challenge for restaurants to achieve both survival and quality during market restructuring, advocating for renewed confidence in the industry [6] - Zhou Liyuan emphasized the need for traditional brands to innovate and connect with younger consumers through collaborations and new consumption scenarios [7]

Core Viewpoint - The reform process of small and medium-sized banks is accelerating, with innovative integration solutions emerging, particularly highlighted by Guizhou Bank's acquisition of all deposits from Longli Guofeng Village Bank through a trust-based debt exchange rather than traditional cash payment methods [1][2][10]. Group 1: Guizhou Bank's Acquisition Strategy - Guizhou Bank plans to assume all deposits from Longli Guofeng Village Bank, holding only 25.36% of its shares, and will not use cash for this transaction, opting instead for a "debt for trust benefit share" approach [2][10]. - The total amount of deposits and interest from Longli Guofeng Village Bank is approximately RMB 19.13 billion, with the acquisition price set at RMB 18.49 billion after accounting for related rights [9][10]. - This method is seen as a financial innovation that allows Guizhou Bank to manage risks without altering its equity structure or incurring cash expenses [24][25]. Group 2: Advantages and Risks of the Trust Model - The trust model significantly reduces liquidity pressure and enhances risk isolation, as it allows for the independent management of debts through a trust plan [5][25]. - The approach is faster and incurs lower transaction costs compared to traditional mergers and acquisitions, while also improving the safety of depositors' funds [25][30]. - However, there are concerns regarding the valuation of trust assets and potential shareholder disputes due to the lack of equity acquisition [25][26]. Group 3: Broader Industry Context - The reform of small and medium-sized banks is part of a larger trend, with over 300 village banks exiting the market by the end of 2025, reducing the total number to 1,282 [27]. - The regulatory framework is focused on accelerating the reform and risk management of small financial institutions, emphasizing the need for governance restructuring and business reorganization [28]. - Guizhou Bank's innovative approach may serve as a model for other banks facing similar challenges, particularly in regions with mature financial ecosystems [29][31].

Core Viewpoint - Huafa Co., Ltd. announced the acquisition of a 51% stake in Shenzhen Ronghua Real Estate Investment Co., Ltd. from Sunac Cultural Tourism Group, with conditions for a potential buyback by Sunac [1][2]. Group 1: Acquisition Details - Huafa's wholly-owned subsidiary, Zhuhai Huafa Real Estate Development Co., Ltd., completed the acquisition in January 2023, intending to hold 100% of Ronghua after the transaction [1][2]. - The acquisition was executed in cash, and the agreement included a buyback option for Sunac, which was communicated in November 2025 [1][2]. Group 2: Buyback Conditions - Sunac's buyback option is contingent upon obtaining written consent from financing institutions within 30 working days from the confirmation of the buyback, or providing a loan to clear financing debts within 5 working days if consent is not obtained [1]. - Sunac must fulfill these conditions by January 12, 2026, but currently, both parties have not reached an agreement on the fulfillment of these conditions [1]. Group 3: Project Performance - The Shenzhen Huafa Qianhai Ice and Snow World project, recognized as the world's largest indoor ski center, opened in September 2025 and reported over 400,000 visitors in its first month of trial operation, with a peak daily attendance of over 40,000 [2].

新京报贝壳财经讯 1月15日，国力电子公告，预计2025年年度实现归属于母公司所有者的净利润为6800 万元到8000万元，与上年同期相比，将增加3776.24万元到4976.24万元，同比增加124.89%到164.57%。 归属于母公司所有者的扣除非经常性损益的净利润为6000万元到7200万元，与上年同期相比，将增加 4171.98万元到5371.98万元，同比增加228.22%到293.87%。 编辑 王进雨 ...

Group 1 - The core point of the article is that Kuaishou Technology announced that its AI product, Keling AI, is expected to achieve a revenue of over 20 million USD in December 2025, corresponding to an annual recurring revenue (ARR) run rate of 240 million USD [1] - Previously, Keling AI had announced in March 2025 that its ARR had surpassed 100 million USD [1]

Core Insights - The banking industry is undergoing a significant transformation due to the unprecedented breadth and depth of artificial intelligence (AI) integration [1] - The speed and depth of AI replacement in the financial sector will depend on the value orientation of financial institutions, the professionalism and reliability of AI agents, regulatory assessments, and employment policies [2] Group 1 - The establishment of a legal status for financial AI agents is essential, which includes defining their behavioral boundaries, legal relationships with clients, and managerial responsibilities [2] - Financial scenarios are becoming a crucial application area for AI agents, with banks like Guangfa Bank and Dalian Bank issuing tenders for AI development and application [2] - The term "digital employees" is increasingly used in communications between bank management and investors, indicating a shift towards AI integration in banking operations [2] Group 2 - AI agents can serve as professional financial representatives, particularly in high-value, technology-intensive areas such as market analysis, risk assessment, investment advisory, wealth management, quantitative trading, product customization, internal auditing, and digital employee roles [2] - Smart investment advisors, which have been gradually upgraded, can enhance the professional level of investment advice, with some executives believing they could replace over 60% of traditional investment advisor roles [3] - The deployment of financial AI agents requires advanced security technologies to mitigate risks such as malicious attacks and accidental security breaches, emphasizing the need for safety and trustworthiness in various applications [3]

贾国龙在这条朋友圈中表示，无论按照国家定义还是现实生活常识，"西贝门店从来不是预制菜。" 他同时表示，这次关闭102家门店在一季度陆续完成，所有不得不离职的员工，工资一分钱不会差。所 有顾客储值卡随时可用在其他门店，想退卡的立刻就退。"有些接了年夜饭的门店，虽然立刻关闭损失 会更小，但我们会履行对顾客的承诺，再坚持一个月，接完最后一餐再关。服务一如既往，菜品一如既 往，大门关闭的前一秒，西贝人的努力一如既往。" 新京报讯（记者王萍）近日，网传西贝在会议中称将一次性关闭全国102家门店，占门店总数的30%。1 月15日，西贝餐饮创始人贾国龙发布微信朋友圈，确认"关闭102家门店"传闻，并表示不得不离职的员 工工资一分钱不会差。顾客储值卡可用于其他门店或者退卡。接了年夜饭的门店"再坚持一个月，接完 最后一餐再关"。 贾国龙称接下来"我们会继续拼，争取活下来。我本人没有西贝之外的任何资产，没有国外资产，这些 年只有北京一套房，呼和浩特的房子是租的"，"只要我还在这儿，就和西贝在一起，和每一位顾客在一 起！" 编辑 王琳 校对 卢茜 ...

Core Viewpoint - The People's Bank of China (PBOC) plans to expand the support areas for service consumption and pension re-lending, with a focus on including the health industry once relevant standards are established [1] Group 1 - The PBOC's monetary policy department head, Xie Guangqi, announced the intention to broaden the scope of support for service consumption and pension re-lending [1] - The inclusion of the health industry in these support areas is contingent upon the clarification of recognition standards by relevant industry authorities [1]

Group 1 - The People's Bank of China announced an increase in the re-lending quota for technological innovation and technological transformation from 800 billion to 1.2 trillion yuan, adding 400 billion yuan [1] - The expanded support will now include private small and medium-sized enterprises with high levels of R&D investment [1]