国内外产业政策周报：黄金税收政策调整，美国与亚洲多国达成合作-20251103

Domestic Policy Highlights - The adjustment of gold tax policy involves differentiated tax management based on the purpose of gold transactions, changing the invoicing method for non-investment gold transactions from special invoices to ordinary invoices, leading to tax rate changes [4][8][10] - The new policy on fiscal incremental policies includes the completion of the issuance of 500 billion yuan in new policy financial instruments, supporting over 2,300 projects with a total investment of approximately 7 trillion yuan, resulting in a multiplier effect of about 14 times [12][13][15] - The China Securities Regulatory Commission (CSRC) is seeking opinions on the performance comparison benchmarks for public funds, emphasizing the need for stability in benchmarks and the potential impact on fund managers' performance compensation if long-term performance significantly lags behind benchmarks [19][20] - The Beijing Stock Exchange has outlined key work directions for the 14th Five-Year Plan, including the promotion of the North Exchange 50 ETF and the deepening of reforms in the New Third Board [21][23] Overseas Policy Highlights - The meeting between Chinese President Xi Jinping and U.S. President Trump resulted in agreements on tariffs, export controls, and cooperation in agricultural trade and semiconductors, indicating a potential stabilization in U.S.-China relations [29][30][31] - The U.S. has reached agreements with several Asian countries, including Malaysia, Cambodia, Thailand, Vietnam, Japan, and South Korea, focusing on the removal of trade restrictions and commitments to increase investments, with Japan pledging the largest amount of 550 billion USD primarily in the energy sector [2][36]