进入中国市场40余年，3M公司始终秉持"扎根中国，服务中国"的本土化战略，与中国市场共同成长。 对于2026年，3M中国总裁丁泓禹近日在接受《中国化工报》专访时表示："十五五"规划进一步凸显了 科技创新的引领作用，围绕现代化产业体系构建、高水平科技自立自强、经济社会发展全面绿色转型等 方面做出明确部署，这让3M对在华发展充满信心。未来，3M将抓住这一机遇，深化创新与可持续发展 的融合，完善本土产业链供应链布局，以3M科技助力中国经济社会高质量发展。 搭乘中国发展快车 开拓多元市场空间 丁泓禹指出，中国正从"制造大国"稳步迈向"创新强国"，为3M这类以材料科学为核心的多元化科技企 业提供了广阔舞台。 "十四五"以来，中国在人工智能、新材料等领域不断加强技术攻关，推动产业链现代化。3M凭借百年 材料科学积淀，正致力于将材料潜能转化为实际的行业解决方案。 中国稳步推进的"双碳"目标，与3M在全球范围不断加快可再生能源转型，力争至2050年使用100%可再 生电力的承诺高度契合。3M积极开发绿色低碳技术与产品，携手消费者和其他公司一同降低碳排放。 例如，3M开发的中空玻璃微球可助力绿氢生产与运输降本增效，采用100% ...

Group 1 - Nanshan District in Shenzhen is set to become the first district in China with a GDP exceeding 1 trillion yuan by 2025, contributing approximately 25% to Shenzhen's overall economy despite occupying only 10% of its land area [1] - The strategic emerging industries in Nanshan account for 60% of its economic output, with over 200 listed companies, showcasing its robust economic dynamism [1][2] - The software and internet industry in Nanshan is projected to generate over 900 billion yuan in revenue by 2025, reinforcing its competitive advantage in industrial clustering [2] Group 2 - The continuous optimization of the business environment is a key factor in Nanshan's development as a "trillion district," with local government initiatives supporting startups and innovation [3][4] - The number of business entities in Nanshan has grown from 530,000 in 2020 to over 600,000 by 2025, and the number of listed companies increased from approximately 180 to 218 during the same period [4] - Nanshan's government has implemented a "six-in-one" action plan to support entrepreneurs, providing comprehensive services to facilitate innovation and entrepreneurship [3] Group 3 - Nanshan is focusing on industrial upgrades and the development of smart, green, and healthy industries, with plans to enhance its hardware support through projects like the Honghuailing Industrial Park [6] - The establishment of a regional venture capital fund with a target size of 50.45 billion yuan aims to support the development of new productive forces in the Guangdong-Hong Kong-Macao Greater Bay Area [7] - Nanshan's foreign trade import and export volume exceeded 900 billion yuan in 2025, highlighting its role as a significant player in international trade [9]

钾被誉为"粮食的粮食"，是保障国家粮食安全不可或缺的战略性资源。"十四五"时期，面对复杂严峻的 国际环境和国内持续增长的农业需求，我国钾肥行业砥砺前行，在资源保障、产能建设、科技创新与市 场调控等多条战线上取得系统性成就，构建起更为稳固可靠的供应体系，为端稳"中国饭碗"奠定了坚实 基础。 其四是科技创新与数智融合取得新进展，钾肥关键生产工艺从粗放转向精细和绿色。一方面，数字化转 型驱动产业升级，盐湖股份等企业通过数据智能调控和工业互联网平台建设，推动生产从"人工经 验"向"智能调控"转变。另一方面，绿色制造体系不断完善，国投罗钾牵头制定首项硫酸钾绿色工厂行 业标准，盐湖股份则依托循环经济模式及当地风、光等绿电资源，打造"资源—产品—再生资源"的闭 环，促进行业绿色低碳转型。周月表示："这些进步共同增强了国内钾肥自给能力，推动我国钾肥技术 在国际舞台上从'跟跑'向'并跑'甚至'领跑'转变。" 其五是钾肥品种不断丰富，应用领域更加多元。周月指出，目前，我国钾肥行业正朝着产品功能化、产 能布局均衡化与服务融合化的方向快速发展。在产品方面，钾肥行业已从传统氯化钾、硫酸钾拓展至全 水溶硫酸钾、高纯硝酸钾、生物钾肥等高端 ...

Core Viewpoint - The event "Leap Horse to Welcome the New Year" held by Bright Dairy showcased the company's innovations in technology, cultural tourism integration, brand rejuvenation, and service upgrades, marking the beginning of a new chapter in high-quality development for 2026 [1][4]. Group 1: Product Innovations - Bright Dairy launched the "Wutong Tree Under" Shanghai limited fresh milk, emphasizing the integration of local culture and high freshness standards [11][13]. - The company introduced the "Love TA, Order Milk for TA 2.0" service, enhancing the delivery experience with electronic greeting milk cards, reflecting a commitment to consumer needs [8][6]. - The "As Real 10.0" high-protein Greek yogurt and "Youbei Muscle and Bone Fresh Milk" were highlighted for their innovative formulations, meeting modern consumer demands for health and nutrition [17][15]. Group 2: Brand and Cultural Integration - Bright Dairy initiated a cultural revitalization project in collaboration with the News Morning Post, focusing on the rejuvenation of time-honored brands through innovative marketing strategies [8][4]. - The company is launching a comprehensive cultural tourism project that connects consumers with the dairy production process, enhancing brand engagement [9][4]. Group 3: Leadership and Vision - Bright Dairy's leadership emphasized the importance of innovation and quality in navigating opportunities and challenges in 2025, aiming to strengthen the foundation for high-quality development [4][20]. - The company aims to continue its commitment to quality and innovation, contributing to the high-quality development of China's dairy industry [20].

Group 1 - The Hang Seng Index opened up 0.73% and the Hang Seng Tech Index rose by 0.56%, indicating a positive market sentiment at the beginning of the year [1] - The precious metals sector showed strong performance, with Zijin Mining rising over 2% and Chifeng Jilong Gold Mining increasing by over 4% [1] - The biopharmaceutical sector also performed well, with CanSino Biologics increasing by over 3%, and Longi Green Energy saw a significant rise of over 14% [1] Group 2 - According to China Merchants International, the Hong Kong stock market is currently in an earnings vacuum period, with high growth expectations for new economy sectors boosting market confidence [2] - The appreciation of the Renminbi is favorable for Hong Kong stocks, and domestic policies focusing on technological innovation and expanding domestic demand are expected to positively influence the market [2] - The market is gradually forming a complete AI industry chain listing system, attracting capital and alleviating IPO fundraising pressure [2] - The first two months of the year will see a reduction in the scale of lock-up releases, easing selling pressure [2] - The combination of early-year profit switching and valuation switching is expected to lead to a "spring rally," favoring growth styles [2] Group 3 - According to Fuguo Fund, the Hong Kong market is likely to maintain a volatile consolidation pattern, driven by global trade tensions, the Federal Reserve's monetary policy, and the strength of domestic economic recovery [2] - Huatai Securities believes that a continued rebound in the Hong Kong market is expected in the first quarter, focusing on space while downplaying slope [2] - Key sectors to watch include the AI chain (semiconductors, software) and innovative pharmaceuticals, with a recommendation to gradually accumulate quality consumer leaders and overweight cyclical and upstream power sectors [2] Group 4 - Zheshang International is optimistic about sectors benefiting from policy support, such as new energy, innovative pharmaceuticals, and AI technology [2] - The company also highlights the stability of performance and stock price trends in undervalued state-owned enterprises benefiting from policy support, as well as local Hong Kong banks, telecommunications, and public utility dividend stocks that are relatively independent of the economic cycle [2] - The performance of the Hong Kong stock market in spring 2026 is expected to be driven by "AI applications + PPI improvement + expanded domestic demand," with a recommendation to focus on related quality targets [2]

开年以来，春季躁动持续演绎，科技与资源品双主线同步强势。尽管近期市场回调蓄力，以AI为代表 的科技成长方向，由于长期产业逻辑坚实，仍是市场不可忽视的热点。恰逢长城基金旗下产品2025年四 季度报告悉数披露，一同围观下长城"科技+"领域基金经理们的最新研判~ 陈良栋：关注基础化工、电子设备 2025年四季度中国宏观经济总体平稳，出口保持超强韧性，成为中国转型升级过程中的重要支撑点，但 是宏观经济修复力度环比走弱，PPI和CPI同比数据代表企业盈利仍有压力，预计政府会持续推出政策来 稳住宏观经济大盘，通过时间换空间，结构升级来带动整体优化发展。另外中美关系持续缓和，市场流 动性偏宽松，市场对中国发展信心增强，风险偏好持续提升。在前三季度市场明显的分化行情之后，四 季度市场预期比较稳定，因此市场结构分化程度有所缩小，市场在均衡过程中等新的基本面和预期变 化。期间，本基金重点关注基础化工和电力设备行业等方向。（长城产业臻选2025年四季报） 储雯玉：AI硬件产业链前景可期 报告期内，本基金紧跟产业链趋势，围绕AI主线进行布局，尽管2025年四季度科技板块整体表现不 佳，我们仍通过板块间的轮动努力控制回撤。往后展望，随 ...

高质量发展 《纲要草案》将"构建现代化产业体系 巩固壮大实体经济根基"摆在重点战略任务第一条，提出坚 持智能化、绿色化、融合化，深入实施工业经济"头号工程"，巩固提升全国重要工业基地优势地位、培 育壮大新兴产业和未来产业、提升产业链自主可控水平、促进服务业优质高效发展。 《纲要草案》强调以经济体制改革为牵引，聚焦关键性、战略性重大问题推出更多走在前列、示范 先行的改革举措，围绕统一大市场、要素配置、国资国企、民营经济、营商环境、经济治理等重点领 域，提出一系列改革举措，确保高质量发展行稳致远。 以制度型开放为重点，深入实施自贸试验区提升战略、高质量建设上合地方经贸合作示范区、深度 融入高质量共建"一带一路"、加快构建国际物流大通道、推动对外贸易创新发展等，全面塑强开放型经 济发展新优势。 基础设施建设 《纲要草案》提出，未来五年，构建泛在互联、智能绿色、韧性可靠、集约高效的现代化基础设施 体系。 高水平建设交通强国山东示范区，规划研究莱芜至临沂、德州至商河、日照至五莲等高铁项目，具 备条件后推进实施，实现"市市通高铁、县县双高速"，打造"双核引领"现代化机场群，构建互联互通综 合运输通道、通江达海内河水运网。 ...

1月27日下午，市委书记尹力代表来到昌平代表团，与大家一起审议市人大常委会工作报告、市高级人 民法院工作报告、市人民检察院工作报告以及《北京城市副中心条例（草案）》《北京市养老服务条例 （草案）》。 尹力强调，要积极在探索超大城市治理有益经验上走在前列。谋划制定好第三轮回天行动计划，用好接 诉即办主抓手，持续提升治理水平。交通设施要注重便捷通达，进一步完善路网体系，加强轨道站点接 驳，规范非机动车停放管理。解决好"一老一小"尤其"老老人""小小孩"问题，以科技赋能民生服务，持 续扩大优质教育资源供给，健全分级医疗卫生服务网络，发展好养老服务产业。抓好老旧小区改造，补 齐配套服务设施，打造一刻钟便民生活圈，不断增强群众获得感。 来源：识政微信公众号 昌平团的金勤献、钟卫华、缪平、常瑞、邵峰、康震、赵云英、杨洋、陈景善等代表围绕构建G6科创 走廊、促进制造业数智化转型、推动科技创新与产业创新深度融合、深化低碳产业生态建设、推动生命 健康产业发展、以科技文化赋能首都城市品质与活力提升、完善社区养老配套服务设施、加快乡村富民 产业发展、优化法治化营商环境等提出意见建议。尹力认真听取、与大家互动交流。 尹力说，完全赞同 ...

Core Viewpoint - Shenzhen's Nanshan District is set to become China's first district with a GDP exceeding 1 trillion yuan by 2025, marking a significant milestone in the economic landscape of non-direct-controlled cities [5][8]. Group 1: Economic Milestone - Nanshan's GDP surpassing 1 trillion yuan signifies a breakthrough for non-direct-controlled urban areas, positioning it alongside major economic districts like Shanghai's Pudong and Beijing's Haidian [6][12]. - The district's rapid economic growth is highlighted by its average annual compound growth rate of nearly 15% over the past 35 years, transitioning from a marginal area to a leading economic zone [17][15]. Group 2: Economic Density and Competitiveness - Nanshan boasts the highest economic density in the country, with a per capita GDP exceeding 540,000 yuan and a land GDP of over 5.4 billion yuan per square kilometer [19]. - The district is recognized for its innovation capabilities, with a significant number of patents and R&D investment intensity nearly three times the national average [21][23]. Group 3: Industrial Structure and Growth Drivers - Nanshan's economy is characterized by a balanced integration of high-end manufacturing and modern service industries, with nearly 80% of its GDP coming from the tertiary sector [30][31]. - The district is home to numerous leading enterprises, including Tencent and DJI, and has a high concentration of high-tech companies, with over 6,000 high-tech firms and 218 listed companies [34][35]. Group 4: Future Development and Strategic Initiatives - Nanshan aims to enhance its global competitiveness through a strategic framework focusing on domestic and international circulation, as well as marine economy development [44]. - The district is positioned to lead in emerging industries such as artificial intelligence and low-altitude economy, with significant investments and initiatives planned for the next decade [36][39].

Core Viewpoint - Sailun Tire, the first Chinese tire company to establish overseas manufacturing, is adjusting its investment and production capacity at its Indonesian facility to meet international market demand and support its globalization strategy [2][5]. Group 1: Project Adjustments - The annual production capacity of semi-steel radial tires at the Indonesian plant will increase from 3.6 million to 6 million units, with total project investment rising from $251 million to approximately $300 million (about 2.085 billion RMB) [1][5]. - The adjusted construction content includes the production of 600,000 semi-steel radial tires, 750,000 steel radial tires, 10,000 tons of off-road tires, and 1.5 million inner tubes and flaps [6][5]. Group 2: Market Strategy and Performance - Sailun Tire's overseas markets have become a major revenue source, with sales from international markets accounting for 76.27% of total revenue in the first half of 2025 [4][11]. - The company has established a global production matrix with facilities in Vietnam, Cambodia, Indonesia, Mexico, and Egypt, making it the largest Chinese tire manufacturer in terms of overseas capacity [8][9]. Group 3: Financial Projections and Profitability - The adjusted Indonesian project is expected to generate an average annual revenue of $33.53 million and an average annual net profit of $6.26 million [7]. - Since its listing in 2011, Sailun Tire has achieved a cumulative net profit of 17.754 billion RMB, with annual profits averaging around 1.2 billion RMB [11]. Group 4: Innovation and R&D - Sailun Tire ranks first in the 2025 tire company patent rankings, showcasing its commitment to innovation and technology development [11]. - The company has invested significantly in R&D, with expenditures increasing from 621 million RMB in 2022 to 1.013 billion RMB in 2024, reflecting a continuous growth trend [11].