KPMG 毕马威 的最後的人之 2024年第三季度 kpmg.com/cn 要点经2 经济走势 4 口 二季度经济增速放缓，供需分化格局延续 5 口 制造业继续支撑固定资产投资表现 9 口 消费将是扩内需的发力量 □ 通胀有望温和回升 口 26 口 外需改善带动出口稳俊 30 口 人民币汇率整体表現 34 口 中国香港经济温和培 36 口 全球经济修复保持移 38 政策分析 43 口 二十届三中全会要点速读 口 国务院发布节能降碳十大行动 47 □ 国办出台支持创投"十七条" 51 商务部支持境外机构投资境内科技型企业 □ 55 多部门着力拓展跨境电商出口推进海外仓建设 □ 58 口 文旅部加速智慧旅游创意 60 附表： 主要经济指标 64 2024年二季度实际GDP同比增速达4.7%，较一季度下 业工作，强化居民增收举措，提高居民收入预期，推动 行0.6个百分点，季调环比为0.6%，低于市场预期。二 居民消费能力和消费意愿稳步回升。伴随促消费政策在 季度经济增速走弱，既有金融业增加值核算方式调整、 培育壮大数字、绿色等新型消费，推动服务消费潜能加 极端天气带来的短期影响，也反映当前国内有效需求仍 快释放，加 ...

KPMG 毕马威 生命名 学前長 展望 紧迫问题与当务之急，将 塑造行业发展新模式- 互联结命科学企业 kpmg.com/cn 前官 生命科学行业在应对新冠疫情的过程中，展现了最佳状态。在全球范围内识别、测试、 开发、批准和部署有效新冠疫苗和治疗方案的速度之快，体现了生命科学企业与公众、 行业参与者和政府部门等所有利益相关者之间实现互联互通的无限可能。 但现如今，公众对生命科学企业（尤其是制药企业）的看法基本回退至疫情前的水平。 无论患者、提供者还是支付者，均期待企业加快创新步伐，以满足不断涌现的新型临 床需求，推动药品定价透明化，并在盈利之上展现更高的价值追求。 然而，在当前经济和地缘政治动荡的背景下，企业在实现上述目标方面举步维艰。部 分企业开始缩减开支，以求度过经济寒冬。其他企业则开始重新审视运营模式，以确 保在满足利益相关者预期的同时，有能力预测并抵御各种风险，借助数据赋能的洞察 制胜市场。 在本刊中，我们研究了目前影响生命科学行业的四大变革信号。我们还识别了有助于 企业在当前环境中抓住机遇的四大战略要务。我们相信，抓住当下机遇积极挖掘价值 的企业将是塑造生命科学未来格局的中坚力量。 经验了的吗_分析 ...

消费品零售业 半年度报告 中国宏观经济、行业趋势、投资交易及税务快讯 © 2023 KPMG Global Services Private Limited, a company incorporated under the laws of India and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited （"KPMG International"）, a private English company limited by guarantee. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International. 2024年上半年 目 录 宏观经济形势 04 近期动态对行业的影响 11 17 子行业趋势 17 奢侈品与时尚 服装与鞋类 20 健康与美妆 23 食品与饮料 28 餐饮 ...

KPMG 率马威 《零售与消费品行业：变革、转型与突破》系列报告之二 物料包括，助力琴售 消费企业经营收局 me e 4-0 1.1.2.2 ent EST 版 Ann D > i 序言 3 IN 宏观下中国消费市场的波动与复苏 5 02 消费品与零售行业变化趋势及管理挑战 10 03 乘"消费提振"之势，以"四力"驱动 企业业绩增长 20 04 ——毕马威中国零售与 "管理促进经营" 消费品行业管理咨询解决方案 26 结语 33 2023年是全面贯彻党的二十大精神的开局之年，也是改革开放45周年，这是一个值得铭记和回顾的重要时刻。 改革开放以来，我国零售业快速发展，在短短四十五年的时间里历经多次变革，每一次革新都折射出时代的 伟大进步。 除了改革开放四十五周年，2023年也是我国政府提出的"消费提振年"。实体零售、线上消费等场景有望加 快恢复，市场规模进一步扩大。然而，在市场成熟、用户市场认知不断提升的大环境下，行业竞争日趋激烈。 对企业而言，市场机会正在从"可捕捉"变为"要赢得"，如何持续赢得市场与用户成为企业经营的重要议 题。企业不仅需要强大的个人，更需要有强大的组织能力与体系支撑，这对企业实现短期业绩 ...

KPMG 些品威 商业银行内重观察 2024年三季度 毕马威金融行业研究中心 二令二四年七月 66 刊物简介 毕马威"内审观察李何"系列为商业银行内部审计服 专题报告。我们持续跟踪国内外户部审计理论发展、行业重要求规及监管政策化、监管检查与处罚动态 市场变化及舆情信息等，运用毕马威专家团队丰富的 业经验及专业解读，及时与您分享内部审计相关的风险，并 内审观察（2024年二季度） 1. 内审风险提示 监管新规範导 二季度，全国人大常委会、国务院、财政部、中国人民银行（"人民银行"）、国家金融监督管理总局（"金融 监管总局"）、中国证券监督管理委员会（"证监会"）、国家外汇管理局（"外管局"）等监管机构、行业自 律组织、交易所等共发布63篇新规及征求意见稿，重点影响信贷业务、债券业务、支付结算、代理业务、反洗 "五篇大文章"等业务及管理领域。全国人大常委会、国务院、人民银行、金融监管总局与证监会均于二季 म् 度陆续公布了2024年立法工作计划，金融稳定法、商业银行法、国有资产法，以及涉及国有金融资本监管、地 方金融监管等重要法律法规均在制定或审议过程中。结合已发布的立法计划及征求意见稿来看，金控集团管理、 数据 ...

КРИС 毕马威 金融新规模 (6月刊) 2024年7月 目录 口 6月金融新规概览 口 中国人民银行发布2024年规章制定工作计划 1、金融监管总局再添政策利好普惠保险高质量发展 2、中国证监会公布行政处罚裁量基准 3、券商债券业评价新规出炉 4、绿色债券评估证机构检查新规出台 5、国务院发文促进创业投资高质量发展 6、央行等七部门齐发力做好科技金融大文章 影响机构： 资产管理 首页公银行 保险公司 esse 其他 IR ♕ 6月金融新规概览 持续发力"五篇大文章" 一、 2024年元號計划陆续公布 多部门协同促进经济发展 中華监管受化画像 四、强化监督与自律 强化监管与行业自律 日点来美 6月，国务院办公厅、人民银行、金融监管总局、证监会、中市协、中 证协等监管机构、行业自律组织等共发布重要新规18项，包含正式发 文13项，征求意见稿5项，涉及科技金融、普惠保险、绿色债券、程序 化交易等重要业务及管理领域。 6月涉及普惠金融、科技金融、绿色金融领域的 新规持续发布，后续工作计划亦明确将有相关政 策陆续出台。金融监管总局召开了"五篇大文章" 相关的专家座谈会，预计五篇大文章将持续作为 金融支持国家战略与实体 ...

金融新规热读 （5月刊） 2024年6月 ...

Investment Rating - The report does not explicitly provide an investment rating for the financial industry. Core Insights - In Q1 2024, the People's Bank of China and the National Financial Regulatory Administration issued 396 fines totaling 29.4 million yuan, involving 224 legal entities, which is a slight increase in the number of fines compared to the same period in 2023, but the total amount of fines decreased by 34.7 million yuan [2][83]. Summary by Sections Penalty Analysis - The number of penalties issued in Q1 2024 increased slightly by 12 compared to Q1 2023, but the average penalty amount decreased, leading to a total fine amount reduction [2]. - The highest number of penalized entities were rural commercial banks, with 51 entities fined, followed by insurance intermediaries and credit rating agencies showing significant increases compared to the previous year [5][6]. - The highest number of fines was issued to property and casualty insurance companies, totaling 134 fines, which is an increase of 35 fines compared to the same quarter last year [7][8]. Regional Analysis - The regions with the highest number of penalized financial institutions included Shandong, Zhejiang, Henan, and Jiangsu, with Shandong having the highest at 32 entities [68][71]. - The total penalty amount was highest in urban commercial banks at 5.5 million yuan, which is an increase of 1.6 million yuan year-on-year [67]. Reasons for Penalties - The primary reason for penalties in Q1 2024 was data quality issues, with 173 entities penalized and 332 fines issued, amounting to approximately 19.7 million yuan [75]. - Data compliance penalties saw a decrease, indicating a potential improvement in adherence to regulations [75][81]. Recommendations - The report suggests a restructuring of the regulatory reporting system to unify data processing and improve data quality monitoring, emphasizing the need for a more integrated approach to regulatory compliance [86][88][91]. - It highlights the importance of establishing a unified regulatory data model and enhancing the monitoring of data quality throughout the reporting process [91][94].

Investment Rating - The report does not explicitly state an investment rating for the convenience store industry. Core Insights - The convenience store industry in China has shown robust growth, with sales reaching 424.8 billion yuan in 2023, marking a year-on-year growth of 10.8% and a compound annual growth rate of 17.4% over the past nine years [50][52][76]. - The total number of convenience stores in China surpassed 321,000, reflecting a 7.0% increase year-on-year [50][56]. - The report emphasizes the importance of understanding consumer behavior and adapting to their evolving needs through technology and innovative strategies [3][23]. Summary by Sections 1. Macroeconomic and Consumer Trends - In 2023, China's GDP exceeded 126 trillion yuan, achieving a growth rate of 5.2%, contributing significantly to global economic growth [8]. - The contribution of final consumption expenditure to economic growth reached 82.5%, a substantial increase from the previous year [8][11]. - The retail sales of consumer goods reached a historical high of 47.1 trillion yuan, growing by 7.2% compared to the previous year [11][19]. 2. Overview of the Convenience Store Industry - The global convenience store market reached $1,133.7 billion in 2023, with a growth of 11.7% compared to 2022 [23]. - China's convenience store penetration rate improved, with an average of 441 people served per store, up from 475 in 2022 [23]. - The industry is characterized by a shift towards community-based stores that meet essential consumer needs [50][80]. 3. Trends in the Convenience Store Industry - Convenience stores are increasingly adopting diversified strategies, including full-scenario, localization, differentiation, and health-oriented approaches [3][39]. - The report highlights the rise of private label products, which accounted for 4.0% of sales, and the growing importance of fresh food and coffee sales [50][67]. - The average daily revenue per store was 4,698 yuan, reflecting a 2.0% decline from 2022 due to increased competition and changing consumer spending patterns [50][59]. 4. About KPMG - KPMG has been consistently publishing in-depth research reports focusing on the convenience store industry, providing valuable insights for industry stakeholders [3][4].

Investment Rating - The report does not explicitly provide an investment rating for the asset management and private equity industry in 2024 Core Insights - The asset management and private equity industry in Hong Kong and mainland China has undergone significant changes due to economic, geopolitical, and regulatory shifts, impacting investment strategies and market sentiment [4][7] - Despite challenges, the resilience of Hong Kong and mainland China is evident, with increasing demand for quality financial products and wealth management services driven by a growing middle class and wealth accumulation [4][8] - The report anticipates a potential rebound in IPO activities in 2024, reflecting investor confidence in China's long-term growth prospects [4][8] Summary by Sections Economic and Geopolitical Context - The asset management industry faces challenges from geopolitical tensions and rising interest rates, which have affected asset valuations and investment strategies, particularly in sensitive sectors like real estate [4][7] - The report highlights the need for Hong Kong to attract investments from new regions, especially the Middle East and ASEAN, amid ongoing geopolitical uncertainties [7][8] Market Trends and Opportunities - There is a diversification trend in private equity investments, with funds looking beyond China to markets like Japan, South Korea, and India due to the large amounts of capital raised [7][17] - The report emphasizes the importance of the mainland Chinese market, which continues to mature, driven by retail and institutional investor growth [11][19] Regulatory Developments - Hong Kong's government is committed to supporting the asset management industry through regulatory updates and incentives, including new licensing regimes for trustees and the introduction of virtual asset regulations [21][24] - The report notes that the regulatory environment is evolving to ensure Hong Kong maintains its status as a global asset management hub, with a focus on virtual assets and tokenization [22][28] Family Offices and High Net Worth Individuals - The report discusses initiatives aimed at attracting family offices and ultra-high-net-worth individuals to Hong Kong, including tax incentives and residency programs [30][31] - The growing interest in family offices is linked to the competitive tax regime and the government's support for innovation and technology investments [30][31]