Core Viewpoint - The article emphasizes the integration of cultural elements into the global marketing strategy of Guangdong products, using the concept of "利是" (red envelopes) as a symbol of warmth and emotional connection in international trade [1][2]. Group 1: Hard Power of Guangdong Products - Guangdong products have established themselves as a core representative of Chinese manufacturing in global competition, with the Guangdong-Hong Kong-Macao Greater Bay Area's smart home appliance industry accounting for nearly 30% of the global market [3]. - The region produces a significant portion of China's consumer electronics, with brands like Huawei, OPPO, and vivo leading innovation, and Guangdong's exports in textiles and toys making up nearly 20% of the national total [3][4]. - The true "hard currency" attribute of Guangdong products lies in their stringent quality control and standards, which serve as a passport to international markets [3][4]. Group 2: Soft Power and Emotional Connection - The concept of "年货" (New Year goods) is evolving from mere products to carriers of culture, emotion, and blessings, with Guangdong's agricultural products leading in export value during the 14th Five-Year Plan period [6]. - The emotional aspect of "年货" is highlighted as a key factor in consumer purchasing decisions, with products like Guangdong lychees and traditional dishes becoming symbols of cultural connection for overseas Chinese [6][7]. - Digital technology is reshaping the export of "年货," allowing for precise market targeting and enhancing consumer engagement through storytelling and cultural narratives [7][8]. Group 3: Media+ Ecosystem for Global Reach - The "Media+" ecosystem is being developed in Guangdong to enhance the connection between products and global consumers, focusing on storytelling and cultural representation [10][11]. - This platform aims to improve supply-demand connectivity and address challenges faced by small and medium enterprises in international markets, facilitating easier access to global procurement networks [11][12]. - The initiative is expected to create a continuous narrative around Guangdong products, aligning with seasonal themes to maintain engagement and cultural relevance throughout the year [12].

Core Viewpoint - The article discusses the economic outlook for China in 2026, emphasizing the need for effective qualitative and quantitative growth, and identifies potential investment opportunities and market trends for investors. Monetary Policy - The current domestic interest rates are at historical lows, with room for further reduction. A small rate cut of 0.25-0.5 percentage points is likely in early 2026 to alleviate cost pressures and support long-term liquidity [4][5] - The People's Bank of China may lower policy rates by 0.1-0.3 percentage points to reduce social financing costs and stimulate consumption and investment [5] - Credit growth is expected to moderately recover, with government investment projects and policy financial tools supporting long-term loans in sectors like new energy and infrastructure [5] Market Trends - A-shares and Hong Kong stocks are anticipated to continue a trend of oscillating upward, driven by corporate profit improvements, macro policy easing, and long-term capital inflows [6][7] - The government is expected to implement measures to boost market confidence, including promoting the use of policy tools, guiding institutional investments, and enhancing the registration system for new listings [7] Bond Market - The bond market is projected to maintain a low-interest, high-volatility environment, with 10-year government bond yields expected to range between 1.6% and 1.9% [8] - Credit bond issuance is anticipated to grow steadily, particularly in short-duration high-grade credit bonds, with yields expected between 2.0% and 2.5% [8] Investment Opportunities - Future technology innovation policies will focus on breakthroughs in key areas such as integrated circuits and artificial intelligence, with significant investment opportunities in sectors like semiconductors, new energy, and quantum technology [9] - The article highlights the potential for investment in strategic emerging industries, particularly in the context of the "14th Five-Year Plan" [9] Global Market Trends - The global economic landscape is transitioning from high volatility to a new equilibrium, with significant geopolitical tensions and economic challenges in developed economies [9][10] - The article notes that the U.S. stock market may enter a phase of high valuation and weak growth, with potential risks in the AI sector and the Federal Reserve's monetary policy [10] Currency and Commodities - The Chinese yuan is expected to appreciate in a two-way fluctuation, supported by domestic economic conditions and a weakening dollar [10] - Gold prices are projected to experience high volatility with an overall upward trend, while silver is expected to be more volatile due to its industrial applications [11][12] - Oil prices are likely to decline initially before recovering, with an average price forecasted between $60 and $70 per barrel in 2026 [11]

记者丨 赵云帆 编辑丨朱益民 2026年开年，A股热钱持续席卷可控核聚变领域。数据显示，1月23日，Wind核聚变指数本月最 高上涨20.5%，截至目前上涨15.92%，板块月度成交额超7800亿元，接近 2025年 12月全月8200 亿成交总额。 被当成概念爆炒的部分涉核聚变业务公司，"顺水推舟"披露更多相关进展；部分公司则急于"划 清界限"或澄清业务规模较小，以正视听。 据21世纪经济报道记者不完全统计， 近期已经有包括中集环科、安泰科技、天工国际、旭光电 子等多家公司明确涉足可控核聚变。 与此同时，诸多企业也向市场投资者发出相关业务体量较小、对公司短期收入无太大影响的风险 提示，配合监管层遏制市场无序炒作。 资本市场上，1月23日，截至发稿， 核聚变概念股多数上涨，锌业股份、豫光金铅、西部材料涨 停，天力复合涨超7%。 | 名标 | 现价 | 涨跌幅 ▼ | 换手率 | 市智容 | 年初至今 | | --- | --- | --- | --- | --- | --- | | 锌业股份 | 5.72 | 10.00% | 13.95% | 135 | 39.85% | | 豫光金铝 | 16.94 | ...

记者丨李益文 编辑丨叶映橙 视频丨 陈泽锴 | | | 贡記馬 | | | --- | --- | --- | --- | | 名称 | 现价 | 涨跌 | 涨跌幅 | | 伦敦金现 | 4950.150 | 14.190 | 0.29% | | 伦敦银现 | 98.709 | 2.562 | 2.66% | | COMEX黄金 | 4951.8d | 38.4 | 0.78% | | COMEX白银 | 98.515d | 2.143 | 2.22% | | SHFE黄金 | 1114.66 | 26.76 | 2.46% | | SHEE自辑 | 24879 | 1870 | 8.13% | 国际金价的飙升迅速传导至国内市场， 国内多数知名金饰品牌报价刷新1500元/克。其中，老庙黄金报1548元/克，较昨日上涨52元/克；周生 生报1545元/克，较昨日上涨53元/克。 1月23日，国际黄金市场迎来大幅上涨，现货黄金一举站上4950美元/盎司关口，刷新历史最高纪录，最高触及4967.37美元/盎司。COMEX黄 金期货价格同步走强，最高触及4970美元/盎司，距离5000美元整数关口仅一步之遥。 | 陶 ...

Group 1 - The World Economic Forum 2026 Annual Meeting in Davos focuses on establishing new collaborative mechanisms to address global challenges, emphasizing the need for dialogue to bridge divides and promote solutions to major global issues [1] - The 2026 Global Risks Report highlights that economic risks are rising rapidly, with 53% of chief economists expecting multiple uncertainties in the global economy over the next year, including asset revaluation and debt accumulation [1] - China has proposed initiatives such as the Global Development Initiative and Global Security Initiative, advocating for multilateralism and free trade, aiming to foster cooperation and consensus among nations [1] Group 2 - China aims to support free trade and promote inclusive economic globalization, while maintaining multilateralism and striving for a fair international economic order [2] - The country is committed to expanding domestic demand and becoming not only the "world's factory" but also the "world's market," enhancing imports to allow other nations to benefit from "China opportunities" [2] - China's technological innovations and green energy solutions have been beneficial for developing countries, showcasing its role in global development and earning international respect [2] Group 3 - China is positioned as a stabilizing force and a reliable source of global economic growth, emphasizing the importance of dialogue and cooperation for a stable world economy [3]

记者丨胡慧茵 编辑丨张星 1月23日， 上 证指数 高开0.18%， 创业板指 涨0.1 6%。贵金属、有色金属板块反弹。志特新材 涨超12%，白银有色涨超9%， | 国际贵金属 | | | | | | --- | --- | --- | --- | --- | | 名称 | 现价 | 涨跌 | 涨跌幅 | 年初至今 | | 伦敦金现 | 4953.943 | 17.983 | 0.36% | 14.72% | | 伦敦银现 | 98.520 | 2.373 | 2.47% | 37.64% | | COMEX黄金 | 4947.9d | 34.5 | 0.70% | 14.21% | | COMEX白银 | 97.620d | 1.248 | 1.29% | 37.53% | | 伦敦金(人民币/克) | 1108.7779 | 4.0249 | 0.36% | 14.29% | | 伦敦银(人民币/千克) | 22050.5655 | 531.2079 | 2.47% | 37.12% | | 现货铂金(美元/盎司) | 2665.90 | 32.80 | 1.25% | 29.41% | | 现货把金( ...

记者丨 郭莎 一线城市的行动已经开始。2026年广州市政府工作报告将城市更新作为该年12个方面重点任务 之一，强调将推进城市更新相关立法，编制城市更新实施专项规划。此前，广州相关会议已提 出，计划在2026年完成相关固定资产投资2000亿元，并谋划启动"十五五"30个以上城市更新 片区改造。 过去五年，城市更新走向全面实践。北上广深四座一线城市率先完成从制度缺位到有章可循的 立法跨越，深圳、上海、北京先后出台专项城市更新条例，搭建全域更新制度框架；广州则聚 焦城中村改造这一核心领域，颁布专项地方性法规，为特大城市更新治理提供具体方案。 这一轮城市更新的全面推进发端于"十四五"规划。"实施城市更新行动"首次写入国家中长期规 划，标志着中国城市发展正式进入以存量提质为主的新阶段。住房和城乡建设部的数据显 示，"十四五"期间，全国实施城中村改造项目2387个，启动城市危旧房改造17.5万套，累计改 造城镇老旧小区24万多个，惠及4000多万户、1.1亿人。 进入"十五五"时期，规划建议中"大力实施城市更新"的表述，将这项工作置于更重要的位置。 一线城市的更新行动也随之步入"深水区"，核心命题正从"如何改"升级为"如 ...

Group 1 - The core viewpoint of the article is that Japanese Prime Minister Sanna Takashi has decided to dissolve the House of Representatives to consolidate her power amid high domestic support rates [1][3]. - Analysts suggest that the timing of the dissolution is strategic, as failing to hold new elections could lead to severe questioning of her cabinet regarding economic, diplomatic, and donation scandals, potentially resulting in a loss of support [3]. - The current term for the members of the House of Representatives was originally set to expire in October 2028, and the Japanese constitution mandates that a national assembly must be convened within 30 days after the election [3]. Group 2 - In the financial markets, U.S. tech stocks saw a rise, with Tesla increasing over 4%, while Intel experienced a nearly 10% drop in after-hours trading [3]. - Chinese concept stocks also saw a general increase, with Alibaba rising over 5% [3]. - Precious metals like gold and platinum reached historical highs, indicating a significant shift in market dynamics [3].

你能想象吗？ 这个世界有一个地方正在探索 新物理 深入地下700米 只有在这片能过滤宇宙射线的地下空间 这个地方不在欧洲美国 而是在 中国广东 当别人都在追风口的时候 广东正在造风道 在广东，基础创新的布局有多超前？ 超前到有望带领人类重新认识地球 这个藏在江门地下的中微子实验 建成 2个月 后就发布了首个物理成果 将中微子关键参数的测量精度最高提升了 1.8倍 效率超越了国际同类实验十年的积累 广东江门中微子实验（JUNO） 就是一个研究中微子的专用大科学装置 江门得天独厚的地理条件 是中微子研究的天选之地 才能捕捉到中微子的蛛丝马迹 是世界首个能研究深海生命起源的大科学装置 广东造的"风道"，远不止于此 广州南沙冷泉装置 深圳鹏城实验室的鹏城云脑 能支撑百亿参数大模型训练 东莞的散裂中子源一期建成 硼中子治疗正在启动临床实验 还有 强流重离子加速器、加速器驱动嬗变研究装置 等 多个大科学装置 就拿东莞的散裂中子源来说 在2011年奠基时 所在地还是漫山遍野的荔枝林 如今在"国之重器"带动下 松山湖逐渐建立材料实验室等大院大所 推动战略性新兴产业成为支柱产业 2025年GDP突破 1000亿元 当基础研究的 ...

Core Viewpoint - The US stock market indices experienced a collective rise, driven by strong macroeconomic data and reduced geopolitical concerns, leading to increased risk appetite among investors [1]. Group 1: US Stock Market Performance - On January 23, the Dow Jones increased by 0.63% to 49,384.01, the Nasdaq rose by 0.91% to 23,436.02, and the S&P 500 gained 0.55% to 6,913.35 [2]. - Major technology stocks saw significant gains, with the "Big Seven" tech index rising by 1.47%. Notable individual stock performances included Microsoft and Amazon both rising over 1%, Meta increasing by 5.7%, Oracle by over 2%, and Tesla by over 4% [2]. Group 2: Intel's Financial Performance - Intel's stock fell nearly 10% after reporting Q4 revenue of $13.67 billion, a 4.1% year-over-year decline, which was slightly above market expectations of $13.43 billion. The adjusted EPS for Q4 was $0.15, compared to $0.13 in the previous year, exceeding the forecast of $0.09 [3]. - For Q1, Intel projected an adjusted EPS of $0.00, below the market expectation of $0.08, and revenue guidance of $11.7 billion to $12.7 billion, compared to the market estimate of $12.56 billion [3]. Group 3: Commodities Market - The Nasdaq China Golden Dragon Index rose by 1.59%, with many popular Chinese concept stocks increasing, including Alibaba and XPeng both up over 5% [4]. - Gold prices surged by 2.22% to a record high of $4,939.41 per ounce, while silver rose by 3.55% to $96.36 per ounce, also reaching a historical peak [4]. - The geopolitical risk premium has decreased, contributing to a drop in oil prices, with WTI crude falling below $60 [4]. Group 4: US Economic Data - On January 22, several macroeconomic data points were released, showing a Q3 2025 annualized GDP growth rate of 4.4%, slightly above the expected 4.3% [5]. - The core PCE index for Q3 2025 was reported at an annualized increase of 2.9%, matching expectations, while the overall PCE index rose by 2.8%, below the anticipated 3.5% [5]. - The probability of a 25 basis point rate cut by the Federal Reserve in January is at 5%, with a 95% chance of maintaining current rates [5].