2026年是"十五五"开局之年。孙梅君表示，新的一年，全国海关将围绕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的部署要求，着力在维护国门安全、促进贸易创新发展、扩大开放增进合 作、深化改革和制度创新等方面下更大功夫，进一步提高监管效能和服务水平，以更优监管、更高安 全、更大便利、更严打私新成效，为"十五五"开好局起好步贡献海关力量。 （文章来源：中国证券报） "'十五五'时期，全国海关在工作中要更加注重统筹协调。"孙梅君表示，坚持开放合作、互利共赢是中 国式现代化的必然要求。海关处于国内国际双循环交汇枢纽节点，必须坚持系统观念，统筹好守国门、 促发展，在"守"中做好"促"的文章，在"促"中筑牢"守"的底线；必须协调好便利和安全，既保证"通得 快"、又保证"管得好"；必须平衡好进口和出口，既要把好进口关、也要把好出口关，既要扩大出口、 也要适度扩大进口，拓展国际循环，促进国内国际双循环更加畅通、内外贸一体化更好发展。 1月17日，海关总署署长孙梅君在2026年全国海关工作会议上表示，"十五五"时期，全国海关将在工作 中更加注重统筹协调，既要扩大出口、也要适度扩大进口，拓展国际循环，促进国内国际双循 ...

Investment Rating - The report maintains a "Strong Buy" rating for the fiberglass sector, indicating a positive outlook for investment opportunities in this industry [2]. Core Insights - The report highlights a favorable policy environment that is expected to support the fiberglass sector's growth, particularly in 2026, with anticipated price increases for electronic fabrics due to supply constraints and high demand for mid-to-high-end products [7][11]. - The report emphasizes the importance of leading companies in the construction materials sector, which are expected to show resilience and profitability as the real estate market stabilizes [7][11]. Summary by Sections Cement - The cement market is entering a seasonal slowdown, with prices expected to decline as demand weakens ahead of the Chinese New Year. The average price is around 353 RMB/ton, with a decrease of 4.7 RMB/ton week-on-week [25][27]. - Southern regions are experiencing a temporary uptick in demand due to project completions before the holiday, while northern regions face declining demand due to cold weather [32][34]. Glass - Float glass prices have seen a slight increase, with an average price of 1,138 RMB/ton, while inventory levels have decreased by 4% week-on-week [35]. - The report anticipates a stable price environment for glass in the short term, with supply reductions expected to support price stabilization as the industry faces ongoing profitability challenges [44]. Fiberglass - The report notes that electronic fabric prices have increased, with the G75 electronic yarn priced between 9,300-9,700 RMB/ton, and the 7628 electronic fabric priced at 4.4-4.85 RMB/meter, reflecting a stable demand and supply situation [49]. - The fiberglass sector is expected to benefit from structural adjustments in product offerings, leading to a favorable supply-demand balance and potential price increases in 2026 [11][45]. Carbon Fiber - Carbon fiber prices are expected to remain stable in the short term, with the report highlighting the potential for increased demand driven by advancements in commercial aerospace [11][13].

Core Insights - The article outlines the strategic development plan for Fengtai District during the "14th Five-Year Plan" and the upcoming "15th Five-Year Plan," focusing on urbanization, modernization, and comprehensive scene creation [1][2]. Group 1: Economic Development - Fengtai District has leveraged historical opportunities for capital function layout, achieving systematic improvements in economic and social development, with key industries like rail transit and aerospace generating over 400 billion yuan [2]. - The financial and technology service sectors contribute approximately 80% to the economic growth of Fengtai [2]. Group 2: Strategic Planning - The district aims to accelerate rural urbanization, urban modernization, and comprehensive scene creation, targeting the establishment of five key areas: capital function expansion, regional collaboration, industry-city integration, garden city characteristics, and age-friendly vibrant areas [1][2]. - A clear strategic path has been planned, encompassing ten major actions, with the "New Quality Leading Action" at its core, aiming to build a modern industrial system exceeding one trillion yuan [2][3]. Group 3: Industrial System - By 2030, Fengtai's "4+5+X" modern industrial system is expected to surpass one trillion yuan, focusing on four leading industries (rail transit, aerospace, emerging finance, and technology services) and five emerging industries (artificial intelligence, smart manufacturing, low-altitude technology, health care, and high-end business) [3]. - The district will also actively engage in future industries such as future information, future health, and future manufacturing [3]. Group 4: Innovation and Technology - Fengtai will implement high-quality technology supply initiatives and deepen the integration of technological and industrial innovation during the "15th Five-Year Plan" [3]. - The district plans to enhance its R&D organizational model, focusing on key core technology breakthroughs and establishing a systematic layout for common technology platforms [3].

海关总署署长孙梅君17日在2026年全国海关工作会议上表示，"十五五"时期，全国海关将在工作中更加 注重统筹协调，既要扩大出口、也要适度扩大进口，拓展国际循环。 党的二十届四中全会擘画了未来五年我国发展的宏伟蓝图，为做好海关工作指明了方向，提供了行动指 南。 "党中央大政方针已定，我们的任务就是抓落实。"孙梅君说，"十五五"时期，全国海关在工作中要更加 注重统筹协调。 孙梅君表示，坚持开放合作、互利共赢是中国式现代化的必然要求。海关处于国内国际双循环交汇枢纽 节点，必须坚持系统观念，统筹好守国门、促发展，在"守"中做好"促"的文章，在"促"中筑牢"守"的底 线；必须协调好便利和安全，既保证"通得快"、又保证"管得好"；必须平衡好进口和出口，既要把好进 口关、也要把好出口关，既要扩大出口、也要适度扩大进口，拓展国际循环，促进国内国际双循环更加 畅通、内外贸一体化更好发展。 2026年是"十五五"开局之年，开局关乎全局。孙梅君表示，新的一年，全国海关将围绕更好统筹国内经 济工作和国际经贸斗争、更好统筹发展和安全的部署要求，着力在维护国门安全、促进贸易创新发展、 扩大开放增进合作、深化改革和制度创新等方面下更大功夫 ...

Group 1 - The core viewpoint emphasizes the five main goals for local state-owned enterprises during the "14th Five-Year Plan" period, focusing on enhancing strategic missions and contributions to economic and social development [1] Group 2 - The first goal is to significantly strengthen strategic missions, highlighting the importance of strategic security, industry leadership, public service, and the contribution of state-owned economy to social development [1] - The second goal aims to improve self-reliance in technology, with rapid breakthroughs in key core technologies and a steady increase in the number of leading technology enterprises [1] - The third goal focuses on optimizing layout, maintaining control in critical industries related to national security and the economy, accelerating the transformation of traditional industries, and significantly increasing the proportion of value added from strategic emerging industries [1] - The fourth goal is to enhance corporate vitality, with improvements in the modern enterprise system and state-owned asset supervision, alongside the promotion of entrepreneurial and scientific spirit [1] - The fifth goal is to strengthen the leadership and construction of the Party, ensuring that strict governance of the Party plays a leading and safeguarding role [1]

Group 1 - The core message emphasizes the importance of studying and implementing the spirit of the 20th Central Committee's Fourth Plenary Session as a significant political task for the current and future periods [1][2] - The training program provided a deeper understanding of the guiding principles, main goals, strategic tasks, and major initiatives for economic and social development during the 14th Five-Year Plan period [1] - There is a call to translate the learning outcomes into concrete actions that support the "two establishments" and "two safeguards," ensuring alignment with the direction set by General Secretary Xi Jinping [2] Group 2 - The focus is on effectively planning regional and sectoral development goals, important measures, and major projects to implement the decisions made at the 14th Provincial Committee's Ninth Plenary Session [2] - Emphasis is placed on driving current key work to stabilize the economy and address issues effectively, ensuring a strong start for the 14th Five-Year Plan [2] - There is a commitment to advancing comprehensive and strict governance of the Party, strengthening leadership, and enhancing grassroots organizational construction to support the goals of the 14th Five-Year Plan [2]

新华社北京1月15日电 中共中央党校（国家行政学院）15日举行2025年秋季学期毕业典礼。中央党校 （国家行政学院）校长（院长）陈希出席毕业典礼，并为学员颁发毕业证书。 中央党校（国家行政学院）本期毕业学员1312人。毕业典礼上，10位学员代表发言。大家反映，培训期 间，自觉将深学细悟习近平新时代中国特色社会主义思想同学习贯彻党的二十届四中全会精神结合起 来，全面系统学、深入思考学、联系实际学，强化了理论武装，提升了党性修养，增长了履职本领，更 加深刻领悟"两个确立"的决定性意义，更加坚决做到"两个维护"，进一步增强了不折不扣贯彻落实党中 央决策部署的政治自觉、思想自觉和行动自觉。大家表示，在今后工作中，要坚持不懈用党的创新理论 武装头脑、指导实践、推动工作，切实把学习成果转化为对党忠诚、为民造福的实际行动，树立和践行 正确政绩观，全身心投入推进中国式现代化的伟大实践，科学谋划和稳步推进"十五五"各项工作，创造 出无愧于时代的业绩。 ...

Core Viewpoint - The Ministry of Commerce and the All-China Federation of Supply and Marketing Cooperatives are enhancing collaboration to boost market development and agricultural product circulation, aiming to contribute to the implementation of major national policies for economic recovery and rural revitalization in the new five-year plan [1] Group 1: Collaboration and Achievements - The Ministry of Commerce and the Federation have established a multi-level, regular cooperation mechanism to deepen collaboration in urban and rural market construction and agricultural product circulation [1] - Significant achievements have been made in recent years through the implementation of the Central Committee's decisions [1] Group 2: Future Goals - The year marks the beginning of the "14th Five-Year Plan," and both parties are encouraged to strengthen policy coordination and work linkage [1] - Key areas of focus include activating the consumption potential in lower-tier markets, building a recycling system for renewable resources, and expanding the scale of agricultural product trade [1] - The collaboration aims to effectively implement major decisions from the Central Committee to boost consumption and promote comprehensive rural revitalization [1]

Core Viewpoint - The petrochemical ETF (159731) has shown a positive performance with a 0.84% increase as of January 15, 9:39 AM, and has attracted significant capital inflow, indicating strong investor interest in the sector [1]. Group 1: ETF Performance - The petrochemical ETF has recorded a total capital inflow of 133 million yuan over the past 10 trading days, with 8 days of net inflow [1]. - The latest share count of the petrochemical ETF reached 399 million, and its total scale hit 379 million yuan, both marking new highs since its inception [1]. Group 2: Industry Outlook - Financial Street Securities' chief economist, Zhang Yi, identifies the chemical industry as the most promising sector for the "14th Five-Year Plan" starting year of 2026 [1]. - The chemical industry in China is characterized by a favorable competitive landscape, with state-owned enterprises like Sinopec leading, alongside local state-owned and private enterprises, and significant foreign investment in capacity transfer [1]. - The industry is noted for its high "Know-How" requirements, and after over two decades of urbanization and industrialization, China's chemical sector has developed strong international competitiveness in terms of cost and efficiency [1]. - Current valuations in the chemical industry are considered reasonable, and it may be at the bottom of an investment cycle [1]. Group 3: Sector Composition - The petrochemical ETF closely tracks the CSI Petrochemical Industry Index, with the basic chemical sector accounting for 59.23% and the oil and petrochemical sector for 32.60% of the index [1]. - The industry is expected to shift from "quantity" expansion to "quality" improvement in the new five-year plan, with clear growth themes emerging [1].

政治监督是督促全党坚持党中央集中统一领导的有力举措。党中央重大决策部署到哪里，政治监 督就要跟进到哪里。要紧紧围绕贯彻新发展理念、推动高质量发展、加快构建新发展格局，聚焦 建设现代化产业体系、因地制宜发展新质生产力等任务要求，加强具体化、精准化、常态化的监 督检查，用好巡视成果、强化整改监督。要突出问题导向，及时准确发现有令不行、有禁不止， 做选择、搞变通、打折扣，不顾大局、搞部门和地方保护主义，照搬照抄、上下一般粗等突出问 题，切实打通贯彻执行中的堵点淤点难点，以强有力的政治监督保障党中央重大决策部署落到实 处。 习近平总书记深刻指出："在党中央统领的大局下，各区域不要跟着别人走、简单模仿，要看自己 的优势在哪里，怎么取长补短、怎么扬长避短。"更加坚决有力地贯彻落实党中央重大决策部署， 与创造性开展工作是辩证统一的。各地情况千差万别，抓落实务必实事求是、因地制宜，做到"一 把钥匙开一把锁"。各地区各部门要牢牢把握党中央对本地区本部门本领域的战略定位，结合实 际，认真探索贯彻落实党中央重大决策部署的有效方法和途径，干实事、谋实招、求实效，确保 党中央决策部署精准落实落地。千招万招，不能落实就是虚招；千条万条， ...