Core Viewpoint - The article discusses the recent guidelines issued by the National Development and Reform Commission and the National Energy Administration aimed at promoting the consumption and regulation of renewable energy, establishing a multi-level renewable energy consumption and regulation system by 2030, and ensuring that new electricity demand is primarily met by new renewable energy generation [1][2]. Group 1: Policy Overview - The guidelines propose 22 specific measures across six areas to facilitate the large-scale development and high-quality consumption of renewable energy [2]. - By 2030, a collaborative and efficient multi-level renewable energy consumption regulation system is expected to be established, with a focus on meeting the annual demand for over 200 million kilowatts of new renewable energy [2][3]. - The guidelines emphasize the importance of integrating renewable energy bases in desert and arid regions, ensuring both local consumption and external delivery [2][3]. Group 2: Development and Integration - The guidelines call for optimizing the integrated development and consumption of water and wind energy bases, particularly in the southwestern region, to enhance the utilization of existing hydropower channels [3]. - There is a push for the orderly development and consumption of offshore wind energy, with a focus on optimizing the offshore transmission network and ensuring nearby consumption [3][4]. - The guidelines encourage the integration of renewable energy with traditional industries, promoting the transfer of high-energy-consuming industries to regions with clean energy advantages [4]. Group 3: Market Mechanisms - The guidelines propose expanding the market-based system for renewable energy consumption, including flexible trading mechanisms and long-term purchase agreements to stabilize consumption [6][7]. - There is a focus on establishing a pricing mechanism that reflects the characteristics of renewable energy generation and encourages market participation from various stakeholders [7]. - The guidelines also highlight the need for a unified national electricity market system to facilitate the direct trading of renewable energy across provinces and regions [5][7]. Group 4: System Adaptation and Infrastructure - The guidelines emphasize enhancing the adaptability of the new power system to renewable energy, including the construction of pumped storage power stations and the promotion of advanced energy storage technologies [8]. - There is a call to improve the grid's capacity to accept renewable energy, including the construction of a new type of distribution system that accommodates large-scale distributed renewable energy [8].

Core Viewpoint - The domestic gasoline and diesel prices will increase by 125 yuan and 120 yuan per ton respectively, effective from November 10, 2025, due to fluctuations in international oil prices [1]. Price Adjustment Details - The price adjustment is based on the average prices from the first ten working days of November compared to the last ten working days of October [1]. - The new maximum retail prices for gasoline and diesel across various provinces and municipalities are provided in a detailed table [2][4]. Market Regulation - Major oil companies, including PetroChina, Sinopec, and CNOOC, are required to ensure stable supply and adhere to national pricing policies [1]. - Local authorities are tasked with increasing market supervision and strictly enforcing compliance with national pricing regulations [1].

Core Viewpoint - The article discusses the recent measures introduced by the State Council to stimulate private investment and promote its development, outlining 13 specific policy initiatives aimed at enhancing the participation of private capital in various sectors [1][3]. Group 1: Policy Measures - The government will conduct special feasibility studies for private capital participation in projects requiring national approval, allowing private capital to hold more than 10% in certain projects [3]. - Local authorities are encouraged to detail specific requirements for private capital involvement in project construction, particularly in smaller urban infrastructure projects [3]. - Private capital will be guided to participate in low-altitude economy infrastructure construction, with equal treatment in commercial space projects [3]. Group 2: Service Sector and Government Cooperation - The article emphasizes the removal of unreasonable entry barriers in the service industry, particularly in sectors like environmental protection and quality certification, to encourage private investment [4]. - It outlines the need for a new mechanism for public-private partnerships, ensuring fair conditions for private capital participation in concession projects [4]. - The government will increase procurement support for small and medium-sized enterprises (SMEs), mandating that at least 40% of budgets for projects over 4 million yuan be reserved for SMEs [4][5]. Group 3: Infrastructure and Digital Transformation - There will be enhanced regulation of network infrastructure operations to protect the rights of private enterprises in energy and transportation sectors [5]. - The government will support the establishment of major pilot platforms by private enterprises in key industries, facilitating market-oriented trial services from state-owned enterprises and research institutions [6]. - Initiatives will be taken to promote digital transformation among SMEs, including the development of comprehensive digital empowerment platforms [6]. Group 4: Financial Support and Investment - The central government will increase budgetary investments in eligible private investment projects, utilizing new policy financial tools to support key sectors [6][7]. - Financial institutions are encouraged to set annual service targets for private enterprises, ensuring access to credit and promoting innovative financing mechanisms [7]. - The article highlights the importance of supporting technology-driven enterprises in accessing public markets and investment trusts [7]. Group 5: Monitoring and Compliance - There is a call for improved services and guidance for private investment, including the establishment of a monitoring system for private investment statistics [7]. - The article stresses the need for private enterprises to operate legally and responsibly, emphasizing the importance of risk prevention and high-quality development in private investment [7].

一场银行体系的改革化险和整合重组，正在悄然影响着基金销售的版图。 近日，随着工商银行全面收购承接锦州银行，约十家基金公司集体公告终止与后者的代销合作，由此触发了超 1600只基金的"代销大迁徙"。这一事件，不仅是近年来中小银行风险处置的缩影，更像一枚投入湖面的石子， 激起了基金代销渠道加速整合的涟漪，行业"马太效应"进一步加剧。 基金公司集体终止锦州银行代销 11月以来，工银瑞信、汇添富、易方达、华夏、招商、广发等多家基金公告，终止与锦州银行在基金销售业务 上的合作。 比如，广发基金公告，经与锦州银行协商一致，公司将自11月17日起终止与锦州银行在基金销售业务上的合 作，包括本公司旗下基金的认购、申购、赎回、转换、定期定额投顾、转托管等业务。 券商中国记者了解到，这主要是因为锦州银行近期被工商银行全面收购，将停止办理个人客户的基金代销业 务。 锦州银行成立于1997年，总部位于辽宁省锦州市，由锦州市15家城市信用社和锦州市城市信用合作社联社整体 改制而成。2019年，因成为高风险金融机构，人民银行、原银保监会会同辽宁省政府推动锦州银行进行改革重 组，工商银行作为战略投资者入股锦州银行。 2025年10月26日 ...

11月10日，外交部发言人林剑主持例行记者会。 香港中评社记者提问，11月7日，日本首相高市早苗在国会答问时称，如果中国大陆对台湾出动军舰并使用武 力，可能会构成"存亡危机事态"。根据日本法律，如发生被认定为威胁日本生死存亡的"存亡危机事态"，自卫 队将可以行使集体自卫权。请问中方对此有何评论？ 林剑表示，日本领导人日前在国会公然发表涉台错误言论，暗示武力介入台海可能性，粗暴干涉中国内政，严 重违背一个中国原则、中日四个政治文件精神和国际关系基本准则，同日本政府迄今所作的政治承诺严重不 符，性质和影响极其恶劣。中方对此强烈不满、坚决反对，已向日方提出严正交涉和强烈抗议。 林剑强调，台湾是中国的台湾，以何种方式解决台湾问题、实现国家统一，纯属中国内政，不容任何外部势力 干涉。日方领导人有关言论，到底想向"台独"势力发出何种信号？是否企图挑战中方核心利益、阻挠中国统一 大业？究竟想把中日关系引向何方？ 违法和不良信息举报电话：0755-83514034 邮箱：bwb@stcn.com 看券商中国 知天下财经 用 券中社 12 券商中国 × 券 中 社 扫码关注券商中国公众号 扫码下载 券 中 社 A P P qu ...

Core Viewpoint - The establishment of Fuzhou Life Insurance Co., Ltd. marks a significant development in the domestic life insurance market, with the company set to address risks associated with Jun Kang Life Insurance [2][4]. Group 1: Company Overview - Fuzhou Life has received an insurance license from the Financial Regulatory Bureau, allowing it to operate various types of life and health insurance, as well as accident insurance [2]. - The company is based in Jinan, Shandong Province, and was officially registered on June 19, 2025, with a registered capital of 17 billion [2]. - The shareholders include Jinan Jintou Holding Group Co., Ltd. (49.71% stake), China Insurance Security Fund Co., Ltd. (35.29% stake), China Life Asset Management Co., Ltd. (11.47% stake), and Jinan Zhengjintongda Investment Group Co., Ltd. (3.53% stake) [2][3]. Group 2: Shareholder Structure - The majority of Fuzhou Life's shares are held by state-owned enterprises, with Jinan Jintou Holding Group being indirectly controlled by the Jinan Municipal Finance Bureau [3]. - The combined stake of the two major state-owned enterprises amounts to 53.24% [3]. Group 3: Management Team - The chairman of Fuzhou Life is Feng Yi, who previously held a senior position in the Jinan Municipal Financial Supervision Administration [3]. - The general manager, Xie Zhufeng, has extensive experience in the life insurance sector, having worked in various senior roles at other insurance companies [3]. Group 4: Strategic Intent - The formation of Fuzhou Life is part of a strategic initiative to mitigate risks associated with Jun Kang Life Insurance, with expectations of an announcement regarding the transfer of insurance business and related assets soon [4].

Group 1: Chemical Sector - The chemical sector, particularly phosphorus chemical stocks, has seen significant gains, with stocks like Chengxing Co. and Qingshuiyuan achieving multiple consecutive trading limit increases [1][2] - Lithium hexafluorophosphate, a key material for electrolytes, has experienced a price increase of over 100% in the past month, reaching 124,000 CNY per ton as of November 10 [3][4] - The demand for iron phosphate is tightening due to strong demand in energy storage and power batteries, with the domestic operating rate reaching 81.6%, up 30.1 percentage points year-on-year [4][5] Group 2: Coal Sector - Coal stocks have also been active, with companies like Antai Group hitting trading limits and others like Xinji Energy and Zhongmei Energy seeing significant gains [1][7] - The coal supply-demand balance is improving, with both thermal and coking coal consumption showing growth, leading to a tight supply situation [7][8] - Analysts predict that coal prices will continue to rise due to sustained demand and limited supply growth, with a focus on high-quality coal companies [8][9]

11月10日，据中央纪委国家监委网站： 十四届全国政协教科卫体委员会原副主任杨小伟严重违纪违法被开除党籍和公职 经中共中央批准，中央纪委国家监委对十四届全国政协教科卫体委员会原副主任杨小伟严重违纪违法问题进行 了立案审查调查。 经查，杨小伟丧失理想信念，背弃初心使命，无视中央八项规定精神，违规收受礼品、消费卡，接受可能影响 公正执行公务的宴请；在职工录用等工作中为他人谋取利益并收受财物；纵容、默许亲属利用本人职权或者职 务上的影响谋取私利；毫无纪法底线，将公权力异化为谋取私利的工具，大肆收钱敛财，利用职务便利为他人 在企业经营、项目竞标、工程承揽等方面谋利，并非法收受巨额财物。 杨小伟严重违反党的组织纪律、廉洁纪律和生活纪律，构成严重职务违法并涉嫌受贿犯罪，且在党的十八大后 不收敛、不收手，性质严重，影响恶劣，应予严肃处理。依据《中国共产党纪律处分条例》《中华人民共和国 监察法》《中华人民共和国公职人员政务处分法》等有关规定，经中央纪委常委会会议研究并报中共中央批 准，决定给予杨小伟开除党籍处分；由国家监委给予其开除公职处分；收缴其违纪违法所得；将其涉嫌犯罪问 题移送检察机关依法审查起诉，所涉财物一并移送。 ...

市场层面，美股三大期指集体走高，截至13点，纳斯达克100指数期货涨幅扩大至1.2%。加密货币市场亦全线大涨，比特币大涨近 4%，以太坊大涨超6%。消息面上，美国政府有望结束史上最长"停摆"提振了市场风险偏好。 暂停实施 11月10日，交通运输部发布公告，为落实2025年中美吉隆坡经贸磋商达成共识，经国务院批准，自2025年11月10日13时01分起，与 美方暂停实施对华海事、物流和造船业301调查最终措施同步暂停实施《交通运输部关于对美船舶收取船舶特别港务费的公告》（交 通运输部公告2025年第54号）、《交通运输部办公厅关于印发<对美船舶收取船舶特别港务费实施办法>的通知》（交办水〔2025〕 59号）、《交通运输部关于启动航运业、造船业及相关产业链供应链安全和发展利益受影响情况调查的公告》（交通运输部公告 2025年第55号）1年。 中美最新宣布：暂停实施！ 11月10日，交通运输部发布公告称，暂停对美船舶收取船舶特别港务费。美国贸易代表办公室（USTR）于当地时间11月9日发布公 告，宣布暂停针对中国海事、物流及造船业的301调查相关措施。 商务部也发布公告称，鉴于美国自2025年11月10日起暂停实 ...

新形式，新期待。 2025年11月19日至20日，深圳——这座将举办2026 APEC会议的活力之城，将迎来一场重磅金融盛会。 由深圳市人民政府主办的"第十九届深圳国际金融博览会"与由证券时报社主办的"2025中国金融机构年会"将同时举行，两大品牌活动首次强强联合，活动名称也蝶 变为"第十九届深圳国际金融博览会暨2025中国金融机构年会"。 "十五五"规划建议明确提及，要"加快建设金融强国""大力发展科技金融、绿色金融、普惠金融、养老金融、数字金融"。落实好这一战略擘画，更好推动金融业高 质量发展，是金融机构肩负的崇高责任与光荣使命。金融行业以"国之大者"为经，以"民之关切"做纬，积极践行金融"五篇大文章"，以创新之墨挥毫作答，这是深 化金融供给侧改革的生动实践。来自银行、保险、券商、公募、信托、期货公司的精英翘楚将齐聚盛会，开展头脑风暴，凝聚行业发展智慧，践行金融为民理念。 具体来看，出席主论坛的嘉宾有深圳市政府领导，证券时报社领导，中国金融电子化集团领导，中保投资党委书记、董事长贾飙，南方基金党委书记陈莉等；信托 业主题演讲嘉宾有华润信托党委书记、董事长胡昊，建信信托党委书记、董事长李军；期货业主题演讲嘉 ...