今日A股市场重要快讯汇总｜2026年1月20日

Macroeconomic and Market Analysis - The State Council Information Office will hold two important press conferences today, with the National Development and Reform Commission's Deputy Director Wang Changlin discussing the implementation of the Central Economic Work Conference and promoting a good start for the "14th Five-Year Plan" [1] - The Ministry of Finance's Deputy Minister Liao Min will elaborate on the role of proactive fiscal policy and its contribution to high-quality economic and social development, with market expectations that these policy signals will significantly impact A-share market sentiment [1] External Markets and Related Assets - The international commodity market is experiencing significant volatility, with U.S. natural gas futures rising over 16% in a single day, currently priced at $3.600 per million British thermal units [5] - New York gold futures have surpassed $4,680 per ounce, with a daily increase of 1.83% [5] - Spot silver has increased by 5% to $94.58 per ounce, while domestic silver futures contracts have also risen by 5%, currently priced at ¥23,376 [6] Industry Policies and Dynamics - The German government announced on the 19th the reintroduction of electric vehicle purchase subsidies, offering up to €6,000 for families purchasing new electric vehicles, which may indirectly impact the global new energy vehicle supply chain, benefiting related A-share export companies [7] Regulatory Dynamics and Industry Standards - New regulations in the civil drone sector have been introduced, including the "Real-name Registration and Activation Requirements for Civil Unmanned Aerial Vehicles" and the "Operational Identification Standards for Civil Unmanned Aerial Vehicle Systems," which will standardize industry operations and potentially enhance market share for compliant companies [8] - Additionally, the Ministry of Ecology and Environment and two other departments have jointly released a document implementing graded management of air quality performance for key industries, with differentiated policies likely accelerating the differentiation among companies in the sector [8]