（文章来源：证券日报） 证券日报网讯 1月13日，国药现代在互动平台回答投资者提问时表示，公司一直重视科技创新与产业升 级，公司将持续关注行业发展趋势，以研发和技术驱动夯实公司核心竞争力。 ...

Group 1 - The macroeconomic moderate recovery lays a foundation for the banking industry in 2026, driven by proactive fiscal policies and moderately loose monetary policies, which will boost credit growth [1] - Technological innovation and industrial upgrading are identified as core themes, pushing banks towards high value-added sectors [1] - The net interest margin is expected to stabilize, with further narrowing projected to be within 5 basis points, potentially marking the bottom in 2026 [1] Group 2 - Fee income is anticipated to rebound through volume compensating for price adjustments amid changes in household wealth management structures [1] - Overall asset quality remains stable, with low non-performing loan ratios in corporate lines, while retail lines are still in a risk exposure phase [1] - The demand for high-dividend assets from insurance capital is increasing, highlighting the attractiveness of stable state-owned banks [1] Group 3 - The Financial ETF (510230) tracks the 180 Financial Index (000018), which selects listed companies involved in banking, insurance, and securities to reflect the overall performance of financial-related listed companies [1] - The 180 Financial Index focuses on large and medium-sized financial enterprises, offering high market coverage and liquidity, thus providing a comprehensive representation of the financial market's overall trend [1]

Core Viewpoint - The company is actively responding to regional development strategies and focusing on technological innovation and industrial upgrading to support the construction of the Greater Bay Area International Technology Innovation Center [1] Group 1 - The company's subsidiary in Shenzhen is committed to integrating into regional collaborative development mechanisms [1] - The company is exploring technology finance support and promoting digital and green transformation [1]

Group 1 - In the first half of 2025, China's economy achieved a growth rate of 5.3% due to proactive fiscal measures, effective trade-in policies, and strong export resilience. However, growth momentum slowed in the second half of the year as the effects of stimulus policies diminished and high base effects emerged [1] - The 2026 economic work is under close scrutiny as it marks the beginning of the 14th Five-Year Plan, with a focus on maintaining economic growth as a priority. The Central Economic Work Conference in December 2025 emphasized the need for policies that are not only active but also effective [1] - The 2026 macroeconomic policy will continue to adopt a "more proactive" stance while focusing on enhancing effectiveness, integrating existing and new policies, and increasing counter-cyclical and cross-cyclical adjustments [1] Group 2 - China's export performance in 2026 is expected to exceed market expectations, supported by market diversification and product structure upgrades. From January to November 2025, China's export value increased by 5.4% year-on-year, surpassing the levels of the same period in 2024 [2] - Despite a nearly 20% decline in exports to the United States, exports to emerging markets such as Africa (26.3%), ASEAN (13.7%), and India (11.9%) showed significant growth. The share of exports to Latin America, Africa, and India combined reached 17.5%, matching that of ASEAN [2] - The strong resilience in exports is attributed to stable global economic growth, ongoing fiscal expansion in the US and Europe, and the stabilization of US-China trade relations. Additionally, technological advancements driven by artificial intelligence are expected to support exports [3] Group 3 - Infrastructure investment is projected to rebound in 2026, driven by the commencement of major projects and financial support. From January to October 2025, broad infrastructure investment grew by 1.5% year-on-year, with new policy financial tools and local government debt limits set to enhance project funding [3] - The 14th Five-Year Plan emphasizes the importance of technology innovation and industrial upgrading in driving manufacturing investment. Manufacturing investment grew by 2.7% year-on-year from January to October 2025, with a focus on advanced manufacturing and strategic emerging industries [4][5] Group 4 - The Chinese consumer market is showing strong resilience, with retail sales of consumer goods increasing by 5.0% year-on-year in the first half of 2025, supported by policies promoting trade-in programs. However, growth slowed in the second half due to diminishing effects of these policies [6] - The "14th Five-Year Plan" highlights the importance of enhancing the consumption rate and the role of domestic demand in driving economic growth. There is a focus on whether policies to stimulate consumption will be strengthened in 2026 [6] - The balance between short-term growth stabilization and long-term development tasks is crucial for policy formulation in 2026, with an emphasis on stabilizing the real estate market and improving social security systems [7]

Core Insights - The 2025 Annual Financial Thinkers Ceremony highlighted key discussions on macro trends, consumer behavior, and investment opportunities for 2026, emphasizing the importance of rationality and professionalism in economic discourse [1][6]. Group 1: Achievements and Impact - The "Yi Cai Hao" platform has gathered over 1,000 authors in five years, contributing significantly to economic discussions and providing valuable insights [2][3]. - In 2025, the platform published over 700 in-depth articles and produced more than 1,500 videos, achieving over 60 million views, indicating a strong public demand for rational economic voices [3]. Group 2: Economic Outlook for 2026 - A survey of 180 economists indicated that over 60% expect China's GDP growth target for 2026 to be between 4.5% and 5.0%, reflecting a pragmatic approach to economic stability and progress [4]. - 88.2% of experts believe that significant advancements in "technological innovation and industrial upgrading" will be key areas for China's economic success in 2026, with a focus on artificial intelligence, robotics, and semiconductor localization [4]. Group 3: Emerging Consumer Trends - Health and wellness, along with cultural and experiential consumption, are viewed as potential new engines of growth, with approximately 70% of experts recognizing their importance [5]. - The real estate sector is shifting focus from mere housing availability to enhancing livability through urban renewal and redevelopment initiatives [5]. Group 4: Global Economic Context - Experts anticipate that the Federal Reserve will begin a gradual interest rate reduction in 2026, contributing to a stable global liquidity environment and a stable dollar index [5]. Group 5: Recognition of Thought Leaders - The "Annual Financial Thinkers" award recognizes individuals who provide clarity and insight on complex economic issues, emphasizing the importance of independent thought and scientific rigor in economic analysis [6][7].

Core Viewpoint - The article emphasizes the importance of rational thinking and professional discourse in the financial sector, highlighting the achievements of the "Yi Cai Hao" platform and the insights gathered from experts regarding the economic outlook for 2026 [2][3][4]. Group 1: Achievements of "Yi Cai Hao" - Over the past five years, the "Yi Cai Hao" platform has gathered more than 1,000 outstanding authors, contributing significantly to the discourse on economic issues [3]. - In 2025, the platform published over 700 in-depth articles and produced more than 1,500 videos, achieving over 60 million views [3]. - The "Annual Financial Thinker Ceremony" attracted 7.41 million participants, with a total dissemination flow of 40 million, indicating a strong public interest in rational economic discussions [3]. Group 2: Economic Outlook for 2026 - A survey of 180 economists and researchers indicated that over 60% expect China's GDP growth target for 2026 to be between 4.5% and 5.0%, reflecting a pragmatic approach to economic stability and progress [4]. - 88.2% of experts believe that significant advancements in 2026 will occur in "technological innovation and industrial upgrading," with a focus on artificial intelligence, robotics, and semiconductor localization [5]. - New consumption engines are emerging, particularly in health care, cultural entertainment, and experiential consumption, which are seen as having about 70% potential recognition [5]. Group 3: Global Economic Context - Experts predict that the Federal Reserve will gradually enter a rate-cutting phase in 2026, contributing to a stable global liquidity environment [5]. - The anticipated stability of the U.S. dollar index will provide a crucial reference for understanding domestic policy space and market fluctuations [5]. Group 4: Values of Financial Thinkers - The selection criteria for the "Annual Financial Thinkers" emphasize genuine issues, true value, and accountability, highlighting the importance of independent thought and scientific rigor [6]. - The thinkers represent diverse fields, showcasing a blend of local insights and global perspectives, and are committed to addressing challenges while maintaining hope [6]. Group 5: Future Aspirations - The article concludes with a call for continued courage in thinking, sincerity in dialogue, and determination in action, suggesting that these qualities will help navigate uncertainties and uncover opportunities [7].

Core Insights - The article emphasizes the importance of rationality, professionalism, and courage in economic discussions, particularly in the context of the "Yi Cai Hao" platform and its annual recognition of outstanding thinkers in finance [1][2]. Group 1: Achievements and Impact - Over the past year, the "Qian V Plan" has produced over 700 in-depth articles and more than 1,500 videos, achieving over 60 million views [2]. - The "Da V Liu Shui Xi" live broadcast attracted 4.64 million viewers, while the previous year's "Annual Financial Thinker Ceremony" engaged 7.41 million participants, generating a total communication flow of 40 million [2]. Group 2: Economic Outlook - A survey of 180 economists and researchers indicates that over 60% expect China's GDP growth target for 2026 to be between 4.5% and 5.0%, reflecting a pragmatic balance between stability and progress [3]. - 88.2% of experts believe that significant advancements in 2026 will occur in "technological innovation and industrial upgrading," with a focus on artificial intelligence, robotics, and semiconductor localization as key strategic areas [3]. Group 3: Consumer Trends and Market Dynamics - Health and elderly care, along with cultural and experiential consumption, are viewed as the most promising new consumer engines, with approximately 70% agreement among experts [4]. - In the real estate sector, the focus has shifted from simple stimulus to urban renewal and improvement, indicating a transition from "housing for all" to "livable housing" [4]. Group 4: Global Economic Context - Experts anticipate that the Federal Reserve will gradually enter a rate-cutting phase in 2026, maintaining a neutral global liquidity environment, with the US dollar index expected to remain stable within a certain range [4]. - The article highlights the importance of understanding global variables to navigate domestic policy space and market fluctuations [4].

转自：劳动午报 （来源：劳动午报） 大会采用"主会场+平行分会场"的架构，设置空天"无人+AI"、地面"无人+AI"、水中"无人+AI"、智能导 航+AI及聚焦资源对接的产业交流五大专题分会场。各分会场围绕技术原理与应用案例开展专业报告和 互动研讨，助力参会者精准对接合作资源，也让密云区近距离吸收行业前沿成果，为产业发展积蓄动 能。 密云区相关负责人表示，首届"无人+"智能装备大会不仅为全国无人装备产业搭建了交流平台，更成为 密云区高质量发展的重要契机。同时标志着密云区在培育新兴产业、推动高质量发展的道路上迈出了坚 实一步。未来，密云区将以开放姿态和优质服务，凭借发展"无人+"产业的独特优势与坚实基础，吸引 更多创新资源落地，推动更多"无人+"创新成果在密云生根发芽，共同书写生态与科技共生、创新与发 展共赢的新篇章。 本报讯 （记者 王路曼） 近日，首届"无人+"智能装备技术创新与产业发展大会在北京密云召开。大会 以"智启无人·慧聚共生"为主题，来自全国200余家科研院所、领军企业的院士专家与产业精英齐聚密 云，共探科技创新与产业升级新路径，聚智抢占"无人+"发展新高地，为密云区高质量发展注入强劲动 能。 本 ...

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