12月25日，中国人民银行举行新闻发布会，介绍金融支持加快西部陆海新通道建设有关情况。中国人民 银行重庆市分行党委书记、行长姚力在谈及前期成效时表示，人民银行重庆市分行会同相关部门、金融 机构积极作为，重点推进金融支持西部陆海新通道全域开放八项标志性成果。 21世纪经济报道记者 唐婧 北京报道 《意见》明确，发挥数字人民币支付即结算、低成本、可编程等优势，研究利用数字人民币智能合约打 造创新解决方案，探讨拓展数字人民币在通道支付结算、融资、退税等场景中应用的可行性。研究扩大 数字人民币跨境应用地区范围，利用双边和多边跨境业务模式为通道跨境支付降本增效。 此前，中国人民银行等八部门印发《关于金融支持加快西部陆海新通道建设的意见》（以下简称《意 见》），从扩大人民币跨境使用等方面提出21条重点举措，推动发挥好"融资"和"结算"两项金融核心功 能，支持西部陆海新通道高质量发展。 姚力表示，其中第八项成果是实现"一个突破"，开辟数字人民币跨境支付新路径。依托多边央行数字货 币桥和中新双边数字人民币试点，推动数字人民币在跨境结算中实现新突破，为企业带来"秒级到账"的 结算新体验。 ...

Core Insights - The People's Bank of China and eight other departments have issued opinions to support the construction of the Western Land-Sea New Corridor, emphasizing the exploration of digital financial international cooperation [1] - The offshore RMB has surpassed the 7.0 mark against the USD, reaching a high of 6.996, marking the first time since September 2024, while the onshore RMB also crossed 7.01, a new high since September 27, 2024 [1] - The global retail cross-border payment market is projected to grow to $64.5 trillion by 2032, with a compound annual growth rate (CAGR) of 6.2% from 2024 to 2032, which is expected to enhance the infrastructure and application scenarios for RMB cross-border payments [1] Market Sector Analysis - **Cross-Border Payment Technology Services**: Companies providing cross-border payment system construction, technology upgrades, data processing, and solutions will benefit from the rapid growth of CIPS system business and the expansion of digital RMB cross-border payment trials [2] - **Digital RMB Industry Chain**: The evolution of digital RMB into a strategic carrier integrating finance, technology, and data will drive demand for bank IT upgrades, terminal equipment enhancements, and payment institution scenario expansions, presenting new growth opportunities across the entire industry chain [2] - **Banking and Financial Institutions**: The deepening of cross-border RMB settlement facilitation trials and the increasing choice of international enterprises to use RMB for settlement will open up more business space for Chinese banks in cross-border financial services, trade financing, and asset management, enhancing their non-interest income and international competitiveness [2] - **Cross-Border E-Commerce and Foreign Trade**: Policy support for building cross-border e-commerce digital service platforms in relevant provinces and cities will improve service capabilities and efficiency, reduce cross-border payment costs, and create a more favorable operating environment for cross-border e-commerce enterprises to expand overseas [2] Regional Financial Cooperation Beneficiaries - Financial institutions, logistics companies, and foreign trade enterprises in the regions involved in the Western Land-Sea New Corridor will directly benefit from enhanced financial support and deepened cross-border cooperation, with listed companies in these areas likely to gain more policy dividends and market opportunities [3] Relevant Listed Companies - **Sifang Jingchuang (300468)**: Focuses on providing financial IT solutions for financial institutions, with deep expertise in blockchain technology and digital currency, participating in the development and testing of multilateral central bank digital currency bridge projects [4] - **Zhongyi Technology (301208)**: Provides IT infrastructure construction and operation services, expected to benefit from the demand driven by the promotion of digital RMB and the development of financial technology [4] - **Lakara (300773)**: A well-known domestic third-party payment company actively expanding digital RMB acceptance scenarios and participating in multiple pilot projects, likely to benefit from the expansion of the payment ecosystem brought by digital RMB [4] - **Jingbeifang (002987)**: A leading domestic financial technology company providing IT technical services to banks, with bank system upgrades being a key business direction [4] - **Nantian Information (000948)**: A leading provider of financial information solutions, offering professional IT services to banks, with the promotion of digital RMB driving the demand for upgrades in core and peripheral banking systems [4] - **Changliang Technology (300348)**: A core banking system supplier deeply involved in digital RMB projects, providing a range of solutions from core business systems to digital wallets [5] - **Tianyang Technology (300872)**: Provides IT solutions and services to financial institutions, focusing on business areas such as bank credit and transaction banking, with new business opportunities arising from the application of digital RMB in trade settlement and supply chain finance [5] - **Cuiwei Co., Ltd. (603123)**: Its subsidiary has signed cooperation agreements with designated operating banks for digital currency, actively promoting system construction for digital RMB acceptance [5] - **Chutianlong (003040)**: Has a broad layout in the digital currency field, establishing technical and business cooperation with the People's Bank of China and various commercial banks to promote the construction of the digital RMB ecosystem [5]

Core Insights - The People's Bank of China and eight other departments issued an opinion to support the exploration of cross-border digital RMB payment trials with Singapore, aiming to enhance international digital financial cooperation [2][5][6] - The opinion includes 21 specific measures to deepen financial reform and innovation, providing comprehensive financial support for the construction of the Western Land-Sea New Corridor [6] Financial Support System - The opinion focuses on two core financial functions: "financing" and "settlement," establishing a multi-dimensional financial support system [3][6] - Financial institutions are encouraged to create specialized service mechanisms and explore integrated credit granting for branches in the corridor provinces, enhancing domestic and international service networks [3][6] - Key funding for infrastructure construction in the corridor will be ensured, with innovative financial products tailored for logistics, industry, and trade sectors [3][6] Institutional Reform and Innovation - The opinion proposes measures to facilitate cross-border trade settlement and promote the convenience of cross-border investment and financing, optimizing the financial settlement system [3][6]

（记者 陈洲）近日，2025福建旅游交易会在泉州圆满落幕。中国电信深度赋能本次盛会，打造了可交互的沉浸式数智空间，集中呈现了AI数字人客服、 分钟级数字人复刻等前沿应用。 如今，数字人的身影已遍布千行百业，应用场景从最初的娱乐互动不断延伸，覆盖金融服务、政务办理、教育培训、医疗咨询等诸多领域，实现了 从"玩"到"用"的实质性跨越，从生产环节的流程优化到生活场景的服务升级，全方位融入社会运转的各个维度。 降本增效是各行业积极引入数字人的首要驱动力，艾媒咨询《2024年中国虚拟数字人产业发展白皮书》数据显示，当前数字人制作成本较前几年大幅降低 70%，交互自然度已达90%以上，这一变化显著降低了中小企业的部署门槛，让更多市场主体得以享受到数字技术红利。 数字人赋能千行百业，成为身边的"得力助手" （图片来源：摄图网） 随着中国电信在AI领域的纵深发展，数字人应用日渐增加，已从展会场景逐步渗透到文旅服务、政务办理、商业服务等多个核心领域，形成了多元化的 应用生态，不仅彰显了中国电信在AI技术研发与落地应用上的深厚积淀，更以数智力量为各行业转型发展注入新动能。 政策驱动，数字人为各行各业降本增效 在数字经济加速渗透、 ...

Group 1 - The core viewpoint of the news is the strong performance of the financial technology sector, highlighted by the rise of the China Securities Financial Technology Theme Index and its constituent stocks, driven by supportive government policies for digital currency and cross-border payment initiatives [1][2] Group 2 - As of December 25, 2025, the China Securities Financial Technology Theme Index (930986) increased by 1.04%, with notable gains from stocks such as Lakala (300773) up 5.43%, Sifang Jingchuang (300468) up 5.25%, and Nantian Information (000948) up 3.97% [1] - The People's Bank of China and eight other departments released an opinion on December 24, supporting the construction of the Western Land-Sea New Corridor and promoting the use of central bank digital currencies in cross-border payments with countries like Thailand, Hong Kong, UAE, and Saudi Arabia [1] - The digital renminbi is expected to accelerate penetration across the industrial chain, with significant growth potential in the banking IT and financial technology sectors, as well as in downstream payment ecosystems [2] - The top ten weighted stocks in the China Securities Financial Technology Theme Index account for 53.31% of the index, with companies like Tonghuashun (300033) and Dongfang Caifu (300059) among the leaders [2]

拉卡拉：支付生态核心标的，公司提供适配数字人民币功能的终端设备与服务，深度参与数字人民币场 景拓展。 新国都：公司专注于支付终端设备研发与销售，为数字人民币落地提供硬件支持。其智能POS机、自助 终端等产品已适配数字人民币支付功能。 其指出，区块链技术的分布式账本特性实现了跨境支付"支付即合规"，统一账本让交易从"链路黑箱"变 为可验证的价值网络，DLT技术使跨境支付成本降至0.1%-1%，远低于传统模式5%-10%的费率。数字 人民币与区块链的结合，正在重构全球跨境支付底层框架。 产业链方面，上游受益于银行IT系统改造与钱包技术开发需求，中游聚焦系统适配与跨链技术服务，下 游终端设备升级与支付场景拓展成为核心增长点，全产业链将持续释放红利。 据上市公司公告、互动平台及券商研报表示， 24日，中国人民银行等八部门印发《关于金融支持加快西部陆海新通道建设的意见》。《意见》提出， 扩大人民币跨境使用。加强与东南亚、中亚地区国家的双边货币合作，为人民币跨境使用创造支持条 件，支持探索推进内地与新加坡数字人民币跨境支付试点。 数字人民币作为央行发行的法定货币，采用"中心化管理+双层运营"模式，支持离线支付与松耦合账户 ...

Group 1 - The People's Bank of China and eight departments support the exploration of cross-border payment trials with Singapore using digital RMB [1][4] - The new policy aims to enhance the quality of foreign investment and optimize the regional layout of foreign capital in China, with a total of 1,679 entries in the updated directory [3] - The Ministry of Commerce emphasizes the integration of trade and investment, aiming for a strong start in foreign trade for the 14th Five-Year Plan period [5] Group 2 - China's productive service industry value added is projected to grow from 19.8 trillion RMB in 2016 to 41.1 trillion RMB by 2024, with a compound annual growth rate of 9.5% [6] - The establishment of the Western Land-Sea New Corridor Fund in Chongqing aims to support infrastructure and industrial park construction along the corridor [6][7] - SMIC has notified customers of a 10% price increase for its 8-inch BCD process platform, reflecting industry-wide price adjustments [8]

Group 1 - The People's Bank of China and eight other departments support the exploration of cross-border payment trials with Singapore using digital RMB [1][4] - The new "Encouraging Foreign Investment Industry Catalog (2025 Edition)" has been released, increasing the total entries to 1,679, with a net addition of 205 entries compared to the 2022 version [3] - The production value of China's productive service industry has grown from 19.8 trillion RMB in 2016 to 41.1 trillion RMB in 2024, with a compound annual growth rate of 9.5% [6] Group 2 - The establishment of the Western Land-Sea New Corridor Fund in Chongqing aims to support infrastructure and industrial park construction along the corridor [7] - SMIC has notified customers of a 10% price increase for its 8-inch BCD process platform, with similar price adjustments reported by World Advanced [8]

Core Insights - The article discusses the challenges and innovations in the orange cultivation industry, particularly focusing on the "Chucheng" brand and its digital transformation efforts in agriculture [1][8]. Group 1: Agricultural Challenges - The orange harvesting season in Yunnan's Ailao Mountain has been delayed by about half a month due to excessive rainfall affecting sugar accumulation [1] - The agricultural sector is heavily reliant on weather conditions, which is described as "interacting with the sky" by the general manager of Chucheng Agriculture, Chu Yibin [1] Group 2: Brand Development - "Chucheng" has evolved from a symbol of inspiration to a brand with multiple derivatives, including "Yunguan Orange" and "Chucheng Orchard," generating annual sales of 300-400 million yuan [1][2] - The brand's growth is attributed to its digital capabilities and a "long-term worker model" that integrates hundreds of farmers, providing them with technology, management, and brand support [3] Group 3: Digital Transformation - The digital transformation in agriculture is a gradual process, requiring careful planning and execution to avoid setbacks [1][6] - Chucheng Agriculture has established a comprehensive digital management system covering the entire production chain, from planting to sales, utilizing sensors and automated equipment for efficiency [6][7] Group 4: Market Positioning - The sales price of Chucheng and Yunguan oranges exceeds 10 yuan, significantly higher than the typical market price of 3-5 yuan for ordinary ice sugar oranges, due to their advanced digital management [4] - The "long-term worker model" allows for a transparent value distribution system, where income disparities for different quality grades can reach up to four times [3] Group 5: Future Directions - The integration of AI technology in agriculture is being explored, including image recognition for assessing tree health and real-time guidance for farmers [7] - The article emphasizes that the future of agriculture lies in balancing traditional practices with technological advancements, ensuring sustainable growth [8]

Core Viewpoint - The article discusses the issuance of the "Opinions on Financial Support for Accelerating the Construction of the Western Land-Sea New Corridor," which aims to enhance the financial service system for this corridor, promoting high-quality development through 21 key measures [1][2]. Group 1: Financial Development and Security - The focus is on coordinating financial development and security, emphasizing the core functions of "financing" and "settlement," while enhancing cross-province and cross-border financial resource allocation capabilities [2][3]. - The approach includes problem-oriented strategies, multi-cross collaboration, localized solutions, and integrated development to deepen financial reform and innovation [2]. Group 2: Infrastructure and Investment - Establishment of a fund in Chongqing to support infrastructure and industrial park construction along the corridor, with efforts to attract strategic resources from institutions like the Asian Development Bank and Silk Road Fund [2]. - Encouragement of mixed financing development to ensure funding supply for corridor infrastructure [2]. Group 3: Cross-Border Financial Cooperation - Support for the establishment of foreign financial institutions in the corridor, particularly from ASEAN and Hong Kong-Macau regions, to provide financial services [2]. - Expansion of the use of the Renminbi in cross-border transactions, including bilateral currency cooperation with Southeast and Central Asian countries [2][3]. Group 4: Financial Cooperation Mechanisms - Support for the establishment of financial service centers in Chongqing and other regions to enhance financial cooperation with ASEAN countries [3]. - Development of cross-border investment and financing digital platforms in cities like Chengdu and Zhanjiang [3]. Group 5: Digital Financial Innovation - Exploration of international cooperation in digital finance, including participation in multilateral central bank digital currency projects and cross-border payment pilots with Singapore [3].