转自：贵州日报 贵州医科大学附属医院院长、中山大学附属第一医院贵州医院院长左石，中山大学附属第一医院贵州医 院党委书记、执行院长孙祥宙，新区领导王嶒、李昂参加。 在中山大学附属第一医院贵州医院（贵州医科大学附属医院贵安院区），胡忠雄先后走访医院病房、住 院部等区域，与患者、医务工作者面对面交流。他强调，要加强联动，统筹好建设进度、评审进程，抓 好重点学科专科建设，强化对医院发展的服务保障，更好满足群众就医需求。在新区公共交通有限公 司，胡忠雄认真听取工作汇报，实地察看企业运营情况，叮嘱相关负责人要把群众安全便捷出行放在首 位，因地制宜优化路线，面向旅游业发展需求、定制公交需求、驾培需求挖掘发展潜力，为市民游客提 供更加优质的出行服务。在岐山安置房二期项目，胡忠雄看项目建设、听群众安置情况汇报，关切询问 周边配套、物业管理等方面情况。他强调，要高质量推进项目建设，抓好公共服务配套，不断提升群众 生活品质。在湖南师范大学附属贵安学校，胡忠雄先后走进学生教室、宿舍、实验室，详细了解学校招 生、办学等方面情况。他强调，要提升办学质量，加强教师队伍建设，周密细致做好校园安全各项工 作，推动学校软件、硬件实现同步提升，助 ...

会议指出，2026年继续实施更加积极的财政政策。扩大财政支出盘子，确保必要支出力度。优化政府债券工具组 合，更好发挥债券效益。提高转移支付资金效能，增强地方自主可用财力。持续优化支出结构，强化重点领域保 障。加强财政金融协同，放大政策效能。 证券时报记者 贺觉渊 12月27日至28日，全国财政工作会议在北京召开。会议总结2025年财政工作，布置2026年重点任务。财政部党组 书记、部长蓝佛安作工作报告。会议指出，2026年继续实施更加积极的财政政策。会议要求，2026年财政工作抓 好六项重点任务，包括坚持内需主导，大力提振消费，加大对新质生产力、人的全面发展等重点领域投入；进一 步强化保基本、兜底线，促进居民就业增收等。 对于2026年经济工作，会议强调，各级财政部门要坚持稳中求进工作总基调，以推动高质量发展为主题，更好统 筹国内经济工作和国际经贸斗争，更好统筹发展和安全，继续实施更加积极的财政政策并提高精准度和有效性， 做优增量、盘活存量，着力扩内需、优结构、增动能、惠民生，着力稳就业、稳企业、稳市场、稳预期，着力推 改革、强管理、防风险、增效益。 会议要求，要全面加强财政科学管理，持续落实党政机关过紧日子 ...

Core Viewpoint - The Chinese securities industry is undergoing significant transformation in 2025, focusing on mergers and acquisitions, high-quality development, and the integration of AI technology to enhance operational efficiency and service models [4][5][10]. Group 1: Industry Performance and Financial Metrics - Major securities firms like CITIC Securities and Guotai Junan have reported substantial total assets and net profits, with CITIC Securities leading at total assets of 2026.31 billion yuan and a net profit of 231.59 billion yuan [1]. - The net asset return rates for leading firms range from 7.21% to 9.05%, indicating competitive performance among top players [1]. Group 2: Mergers and Acquisitions - 2025 marks a pivotal year for mergers in the securities industry, with significant consolidations such as Guotai Junan merging with Haitong Securities and Guolian Securities merging with Minsheng Securities [5]. - The merger activities have reshaped the competitive landscape, with Guotai Haitong now leading in net profit rankings, and Guolian Minsheng's profit ranking improving significantly [5]. Group 3: Regulatory Changes - The classification evaluation for securities firms is undergoing a critical revision aimed at promoting high-quality development, emphasizing professional capabilities over mere revenue growth [6]. - New regulations will encourage firms to enhance their service capabilities and focus on long-term investment strategies [6]. Group 4: Market Trends and Innovations - The margin trading market has seen explosive growth, with a 36.6% increase in financing balance, reaching 2.54 trillion yuan by December 2025 [7]. - Firms are competing aggressively in this space, with some lowering financing rates to attract clients, indicating a shift towards long-term client retention strategies [7][8]. Group 5: Technological Advancements - The integration of AI technologies is transforming the securities industry, with firms adopting AI for wealth management, trading, and operational efficiency, leading to significant improvements in service delivery [10]. - The industry is moving towards an "AI-native" model, enhancing productivity and redefining business ecosystems [10]. Group 6: Internationalization Efforts - Chinese securities firms are deepening their international presence, expanding services beyond traditional offerings to include cross-border wealth management and derivatives trading [12]. - This internationalization is driven by increasing demand for comprehensive financial services from Chinese enterprises and global investors [12]. Group 7: Asset Management Trends - The public offering process for asset management is experiencing a slowdown, with firms reassessing their strategies in the context of regulatory changes and market conditions [13]. - The focus is shifting towards private equity and specialized asset management products as firms adapt to the evolving landscape [13]. Group 8: Fee Structure Reforms - The ongoing reforms in public fund fee structures are prompting securities firms to enhance their research and wealth management capabilities, shifting towards a more service-oriented model [14]. - Firms are increasingly focusing on providing tailored investment solutions rather than merely selling products [14]. Group 9: Capital Regulation Changes - Regulatory bodies are signaling a shift towards more flexible capital management for high-quality firms, aiming to improve capital efficiency while maintaining overall industry stability [15][16]. - This change is expected to enhance the return on equity (ROE) for securities firms, aligning them more closely with international standards [16]. Group 10: Rebranding Trends - A wave of rebranding among securities firms reflects strategic realignments following mergers and changes in ownership, indicating a shift in focus and resource allocation [17]. - These name changes are seen as signals of deeper strategic transformations within the firms, aimed at enhancing their market positioning [17].

Core Viewpoint - The Central Economic Work Conference emphasizes the continuation of a more proactive fiscal policy to support economic growth and social development in 2025 [1][2]. Group 1: Fiscal Policy Achievements - The Ministry of Finance reported that in 2025, fiscal departments will effectively implement the decisions of the central government, leading to significant achievements in fiscal work that support the completion of annual economic and social development goals [2][3]. - Fiscal policy serves as a crucial macroeconomic tool, enhancing total demand and directing structural adjustments, with a focus on high-quality development and increased investment in basic research [3][6]. Group 2: Future Fiscal Focus - In 2025, the government plans to expand the fiscal expenditure framework, optimize government bond tools, and enhance the effectiveness of transfer payments to support local financial autonomy [4][5]. - Key tasks for the upcoming year include promoting domestic demand, supporting technological and industrial innovation, and advancing urban-rural integration and regional collaboration [4][5]. Group 3: Strengthening Fiscal Management - The conference highlighted the need for comprehensive fiscal management improvements, emphasizing the importance of integrating top-down and bottom-up approaches in fiscal management trials [7][8]. - The focus will be on resource coordination, zero-based budgeting, and strengthening departmental responsibilities to enhance the effectiveness of fiscal policies and fund utilization [7][8].

中国经济版图持续演进，各大城市竞争态势愈发激烈。基于最新发展态势与模型预测，2025年中国大陆GDP前二十强城市座次排定，展现出总量攀升、动能 转换与位次更迭的鲜明特征。 榜首之争毫无悬念。上海作为中国最大经济中心城市，预测2025年GDP将历史性突破5.7万亿元大关（57,073.36亿元），增量超3146亿元，继续以磅礴之势 引领全国。首都北京紧随其后，预计GDP达52,781.23亿元，增量近2939亿元。深圳展现出强大的创新活力与产业韧性，以39,025.67亿元的预测值稳居第三， 6.04%的增速在头部城市中领跑，与广州（32,180.65亿元）的差距进一步拉大。重庆作为内陆开放高地，依托庞大经济体量，预测GDP将达到33,816.36亿 元，稳坐第四把交椅。 | 排名 | 省份 | 城市 | 2025年GDP(亿元) | 2024年GDP(亿元) 增量(亿元) | | 增速(%) | | --- | --- | --- | --- | --- | --- | --- | | | 1直辖 | 上海 | 57,073.36 | 53,926.71 | 3,146.65 | 5.84 | | | 2直辖 ...

Core Viewpoint - The discussions at the city’s eighth People’s Congress focus on high-quality development, with representatives expressing support for the government’s work report and emphasizing the importance of confidence and responsibility in driving economic growth [7][8][9] Group 1: Economic Development - The government work report is praised for its comprehensive summary of achievements and precise problem analysis, aligning with central and provincial requirements as well as local expectations [7] - Emphasis is placed on the need for proactive planning and implementation of policies to translate opportunities into tangible industrial development [8] - High-quality development is identified as the theme of modernization, with a focus on industry, projects, and economic stability [9] Group 2: Community Engagement and Governance - The importance of confidence as a driving force for progress is highlighted, along with the need to address public concerns and enhance citizens' sense of well-being [9] - The role of party members and officials is underscored as crucial for advancing governance and ensuring the implementation of central and provincial directives [9] - A call for unity and collective effort is made to achieve common goals and foster a collaborative environment [8]

Group 1 - The "Qihang·2025 Financial Summit" was successfully held in Beijing, focusing on the theme of "New Starting Point, New Momentum, New Journey," gathering hundreds of leaders and guests from regulatory bodies, industry associations, financial institutions, listed companies, and media [1] - The 14th "Jinzhi Award" annual evaluation results were announced, with Shenzhou Car Rental winning the "Outstanding Brand Award" [1][5] - The "Jinzhi Award" aims to establish benchmarks for high-quality development, guiding listed companies to focus on their core business, continue innovation, and fulfill social responsibilities, thereby promoting capital to gather towards quality enterprises [5] Group 2 - The evaluation covered over 8,000 companies across A-shares, Hong Kong stocks, and Chinese concept stocks, with nearly 200 companies awarded based on a quantitative analysis model [5] - The "Outstanding Brand Award" is judged based on comprehensive brand strength, including market recognition, product service innovation, industry influence, and social responsibility, aiming to set industry quality and innovation benchmarks [5] - Shenzhou Car Rental, established in 2007, has been recognized for its long-term commitment to brand building and service upgrades, focusing on user needs and ensuring service quality [5][6] Group 3 - Shenzhou Car Rental has announced a comprehensive upgrade of its travel services, launching a six-part quality service system that integrates trust standards, safety responsibilities, convenient experiences, and after-sales guarantees [6] - The company aims to redefine industry service standards and will continue to deepen brand building and enhance service quality to inject more momentum into high-quality industry development [6]

Group 1: Shandong Economic Work - Shandong's economic work for 2026 focuses on eight key tasks, including expanding domestic demand, modernizing the industrial system, and promoting green transformation [1] - The province aims to enhance its economic strength, technological capabilities, and overall competitiveness, having crossed three trillion-yuan thresholds in GDP [2] Group 2: Jinan Development Strategy - Jinan has designated 2026 as the "Project Empowerment Year," emphasizing project construction to boost consumption and regional development [3] - The city has seen significant economic growth, with a projected GDP of 1.4 trillion yuan during the "14th Five-Year Plan" period [3] Group 3: Qingdao Economic Focus - Qingdao's economic strategy for 2026 includes ten areas of focus, such as expanding domestic demand and enhancing technological innovation [4] - The city is expected to achieve a GDP of 1.7 trillion yuan by 2025, reflecting strong economic resilience [4] Group 4: Shandong Fiscal Performance - Shandong's general public budget revenue surpassed 700 billion yuan during the "14th Five-Year Plan," with an average annual growth of 4.1% [5] - The province's budget expenditures increased from 1.12 trillion yuan to 1.31 trillion yuan, with a focus on tax reduction and financial support for high-quality development [5] Group 5: Jinan Urban Renewal Legislation - Jinan's first local regulation on urban renewal will take effect on January 1, 2026, marking a new phase of legal and systematic development in urban renewal [7] - The regulation addresses issues such as outdated urban functions and infrastructure, aiming for a balanced approach to urban development [8]

会议要求，2026年财政工作抓好以下重点任务。一是坚持内需主导，支持建设强大国内市 场。大力提振消费，深入实施提振消费专项行动。积极扩大有效投资，加大对新质生产力、 人的全面发展等重点领域投入。加快推进全国统一大市场建设，规范税收优惠、财政补贴政 策。二是支持科技创新和产业创新深度融合，加快培育壮大新动能。进一步增加财政科技投 入，完善财政科技经费管理，强化企业科技创新主体地位。实施制造业重点产业链高质量发 展行动，开展新一批制造业新型技术改造城市试点，加快构建现代化产业体系。三是推进城 乡融合和区域联动，拓展发展空间。扎实推进乡村全面振兴，积极支持以人为本的新型城镇 化，促进区域协调发展。四是进一步强化保基本、兜底线，切实加强民生保障。促进居民就 业增收，支持办好人民满意的教育，提高医疗卫生服务保障水平，完善社会保障体系，在满 足民生需求中拓展发展空间。五是推动经济社会发展全面绿色转型，加快建设美丽中国。推 进污染防治攻坚，加强生态系统保护和修复，健全绿色低碳发展支持政策，协同推进降碳、 减污、扩绿、增长，增强绿色发展动能。六是加强国际财经交流合作，支持扩大高水平对外 开放。推进全球经济金融治理改革，深化拓 ...

（原标题：官方明确！明年"国补"继续） 【导读】财政部：继续安排资金支持消费品以旧换新 中国基金报记者 晨曦综合整理 事关2026年财政工作，重磅会议来了！ 蓝佛安表示，明年将继续实施更加积极的财政政策。"更加积极"既体现在资金规模上，更体现在提高资 金使用效益上。其中，明年将扩大财政支出盘子，确保必要支出力度；优化政府工具组合，更好发挥债 券效益。 继续安排资金支持消费品以旧换新 蓝佛安称，明年财政将大力提振消费。深入实施提振消费专项行动，继续安排资金支持消费品以旧换 新，调整优化补贴范围和标准。 明年财政将促进居民就业增收 蓝佛安表示，将进一步强化保基本、兜底线，切实加强民生保障。明年将促进居民就业增收：统筹就业 补助资金、失业保险基金等各类资金，引导支持企业稳岗扩岗、重点群体就业创业等；积极发挥税收、 社会保障、转移支付等调节作用，多渠道增加居民收入。 将推动相关公共服务随人走、可携带 蓝佛安称，明年将完善财政转移支付分配机制，推动相关公共服务随人走、可携带，重点解决农业转移 人口子女教育、社会保险等问题。 12月27日至28日，全国财政工作会议在北京召开。会议总结2025年财政工作，布置2026年重点 ...