Group 1 - The central government prioritizes employment stability as part of its broader economic strategy, implementing coordinated fiscal, monetary, industrial, and employment policies to ensure basic stability in the job market [1][2] - From January to November, 12.1 million new urban jobs were created, surpassing the annual target, with an average urban survey unemployment rate of 5.2%, below the 5.5% control target, indicating the effectiveness of employment-first policies [1][2] - The employment landscape faces structural challenges, with a strong supply of labor (over 10 million college graduates and nearly 300 million migrant workers annually) but weak demand for high-quality, stable jobs that meet worker expectations [2][4] Group 2 - Stabilizing employment relies on maintaining the viability of business entities, particularly small and medium-sized enterprises (SMEs) and individual businesses, which require support to enhance their risk resilience and hiring capabilities [3][4] - Expanding employment opportunities is crucial, with a focus on developing new economic sectors such as the digital economy, green economy, and services, while also supporting labor-intensive industries like construction and hospitality [3][4] - Improving job quality is essential to address structural mismatches in the labor market, necessitating reforms in vocational education and training to align more closely with industry needs and enhance skill development for existing workers [4]

Group 1 - The core viewpoint of the article emphasizes the rapid development of China's digital economy and the integration of digital technologies across various industries, leading to significant advancements in artificial intelligence, robotics, and digital infrastructure [6][7][10][12][14]. Group 2 - In 2025, the wave of digitalization continues, with humanoid robots increasingly integrated into diverse scenarios, from performances to sports, showcasing accelerated application [6]. - The comprehensive strength of artificial intelligence in China has seen a systematic leap, with new infrastructure construction progressing in an orderly manner [7]. - The DeepSeek model, launched in January, gained over 22.15 million active users within 21 days, demonstrating significant user engagement and technological advancement [8]. - China has become the largest holder of AI patents globally, accounting for 60% of the total, indicating a strong position in AI technology [8]. - By the end of November, China had 4.83 million 5G base stations, a net increase of 579,000 from the previous year, representing 37.4% of all mobile base stations [9]. - The total number of intelligent computing centers in China reached 10.85 million standard racks, with a computing power scale of 788 EFLOPS [9]. - The digital economy in China remains the second largest in the world, with significant improvements in technological innovation, industrial competitiveness, and international influence [9]. Group 3 - The digitalization of various industries is reshaping China's economic landscape, with significant growth in high-tech manufacturing and smart consumer devices [11]. - The production value of high-tech manufacturing increased by 9.2% year-on-year from January to November, while the production of industrial robots surged by 29.2% [11]. - The integration of digital technologies in traditional and emerging industries is driving new growth momentum, with over 7,000 advanced intelligent factories established nationwide [12]. - The agricultural sector is also experiencing innovation, with 62 types of intelligent equipment achieving breakthroughs, enhancing productivity [13]. Group 4 - Digital services are enhancing public welfare, with initiatives like the two-way referral information platform improving healthcare access for patients [14]. - The implementation of self-service terminals in public service centers is streamlining processes, allowing citizens to access services more efficiently [15]. - Digital technologies are transforming daily life and leisure activities, with smart community services and digital consumption trends emerging [16][17]. Group 5 - China is actively promoting international cooperation in digital economy, with the "Suhao Cloud" platform facilitating cross-border e-commerce and achieving over 220% growth in trade volume [18][19]. - The establishment of partnerships with 36 countries under the "Silk Road e-commerce" initiative is enhancing global e-commerce collaboration [19]. - China is participating in the construction of digital rules on a multilateral stage, signing memorandums of understanding with multiple countries to strengthen digital economic cooperation [20][21].

说句实在话，2026 年的全球经济总算告别了前些年的雾里看花，慢慢变得清晰起来。 国际上剑拔弩张的气氛有所缓和，国内经济正卯足劲搞转型，科技领域更是频频传出突破的好消息，整 体就是 "机会不少。 但不确定因素也没断" 的状态，不管是普通人过日子还是做投资，都值得静下心来好好琢磨。 现在不管是网上购物的智能客服，还是马路上越来越多的自动驾驶测试车，AI 技术已经悄悄融入了我 们的日常生活。这种技术应用不仅方便了大家，还催生了很多新产业、新岗位，为经济增长注入了新动 力。 全球大环境：关系缓和 + 钱变宽松，避险资产成香饽饽 最明显的变化就是中美这两个大国的关系不那么紧张了。自从 2024 年 11 月两国元首通了电话之后，双 方高层见面、沟通的次数明显多了，尤其是在贸易方面，互相商量、合作的氛围越来越浓。这可不是小 事，对企业来说，之前一直悬着的关税上涨风险降低了，做生意不用再整天担心突然加税，市场的稳定 感一下子提上来了。 另一个影响全球经济的关键动作，就是美联储的降息。根据 2025 年 12 月美联储的会议公告，全年已经 累计降息 100 个基点，现在的基准利率维持在 3.5%-3.75% 之间。市场上大 ...

Group 1 - The core focus is on the deep integration of the digital economy and the real economy, which is essential for building a modern industrial system and promoting high-quality development [1] - The "14th Five-Year Plan" emphasizes advancing the construction of a digital China and fostering the integration of the digital and real economies [1] - From January to November 2025, the sales revenue of core digital economy industries grew by 10% year-on-year, significantly outpacing the overall growth rate of enterprises [1] Group 2 - In the manufacturing sector, sales revenue for smart manufacturing industries such as intelligent equipment manufacturing and electronic components manufacturing increased by 28.2% and 10.9% year-on-year, respectively [1] - The sales revenue of digital technology applications, primarily driven by AI models, big data, and IoT, grew by 14.3%, with internet-related services and IT services increasing by 16.1% and 15.2% year-on-year [1] - Digital transformation investments in manufacturing increased, with the amount spent on digital technology by manufacturing enterprises rising by 11.2% year-on-year [1] Group 3 - The sales revenue driven by data elements grew by 6.3% year-on-year from January to November 2025 [2] - Internet platforms, including those for network freight, food delivery, and ride-hailing, saw a sales revenue increase of 16.2% [2] - Internet retail and supply chain management services, including live e-commerce and instant retail, experienced sales revenue growth of 11.9% and 24.7%, respectively [2]

影视制作企业百纳千成(300291)拟收购数字营销服务商厦门众联世纪股份有限公司（简称"众联世纪"） 100%股份，预计构成重大资产重组。经公司申请，百纳千成股票将于2025年12月26日（星期五）开市 起复牌。 12月25日晚，百纳千成公告，公司拟以发行股份及支付现金方式直接及间接取得众联世纪 100%股份， 并向不超过35名特定投资者发行股份募集配套资金。 据公告，本次百纳千成发行股份购买资产的发行价格为4.8元/股，停牌前百纳千成股价为5.33元/股，本 次募集配套资金拟用于支付本次并购交易中的现金对价、本次交易税费、中介机构费用等，募集配套资 金具体用途及金额将在重组报告书中予以披露。 众联世纪成立于2013年1月21日，是一家以数字化+智能化技术为基础的数字营销服务商，依托其自研 的全场景全链路营销技术服务系统，其业务主要聚焦于为通信、金融、电商等行业的客户提供优质的一 站式数字化智能营销解决方案。 众联世纪主营业务涵盖了数字化营销的广告代理、媒体代理、广告竞价交易和广告展示等全产业链环 节。中国移动、中国联通和中国电信以及招商银行、中信银行、兴业银行、光大银行、泰康保险、京 东、美团等均与众联世纪 ...

Core Insights - During the "14th Five-Year Plan" period, China's network information technology innovation has made significant breakthroughs, enhancing innovation capabilities and achieving new heights in information infrastructure and application levels [1] Group 1: Technological Advancements - Key breakthroughs in core technologies such as integrated circuits, artificial intelligence, and foundational software have been achieved, with over 11.9 billion products equipped with the open-source Harmony operating system [3] - The development and standardization of 6G technology are progressing steadily, with over 300 key technologies reserved after the first phase of technical testing [5] Group 2: Economic Impact - The core industry value of the digital economy increased from 7.8% to 10.4% of GDP, with the digital economy scale remaining the second largest globally [6] - By 2024, the revenue of the electronic information manufacturing industry is projected to reach 16.19 trillion yuan, and software business revenue is expected to reach 13.73 trillion yuan, representing increases of 33.8% and 68.2% respectively compared to the end of the "13th Five-Year Plan" [6] Group 3: Digital Transformation - The digital transformation of traditional industries has accelerated, with the digital R&D design tool penetration rate in key industrial enterprises rising from 73% to 85.4%, and the CNC rate of key processes increasing from 52.1% to 68.5% [6] - The online retail sales in China increased from 11.76 trillion yuan to 15.23 trillion yuan, maintaining its position as the largest online retail market globally [6] Group 4: Data Utilization - The annual data production in China grew from 26.83 ZB in 2022 to 41.06 ZB in 2024, accounting for 26.67% of the global total [8] - A national public data resource registration platform has been established, and various typical application scenarios have emerged through the implementation of the "data element ×" initiative [8] Group 5: E-Government and Digital Literacy - The development of e-government has progressed steadily, with 92.5% of provincial administrative licensing matters being processed online [9] - The number of internet users in China increased from 989 million to 1.123 billion, with the internet penetration rate rising from 70.4% to 79.7% during the "14th Five-Year Plan" period [9] Group 6: Rural Digital Development - Significant progress has been made in digital rural development, with the internet penetration gap between urban and rural areas narrowing by 8.2 percentage points [11] - The online retail sales in rural areas exceeded 2.5 trillion yuan, marking a 43% increase compared to the end of the "13th Five-Year Plan" [11]

来源：环球网 【环球网科技综合报道】2025年12月23日，华为云城市峰会落地湖北十堰。来自政府、企业、高校及研 究机构的各界代表齐聚一堂，共谋数字经济发展新路径，共绘绿色算力产业新蓝图。 依托生态优势，打造绿色算力高地 十堰市委常委、常务副市长周智勇在致辞中指出，加快数字化转型是十堰推动产业升级、优化营商环 境、提升治理效能和增进民生福祉的关键举措。当前，十堰已将数字经济列为十大千亿级产业集群重点 培育方向，并成功入选湖北省首批中小企业数字化转型试点城市，纳入全省三大算力集群布局。 十堰市委常委、常务副市长 周智勇 湖北省数据局副局长艾青松强调，十堰应充分发挥"武当云谷"的独特优势，积极融入"武宜襄十"算力 圈，既承接武汉的算力辐射，又带动周边区域协同发展。 湖北省数据局党组成员、副局长 艾青松 十堰市数据局副局长龚勇介绍，十堰发展绿色算力具备天然禀赋：年均气温10至15℃、丰富的冷水资源 构成"天然冷却系统"；年绿色电力供应近200亿度，为高能耗数据中心提供清洁、稳定、低成本的能源 支撑。目前，十堰已建成武当云谷、国芯一号等五大差异化数据中心集群，总算力规模突破1万P，预 计两年内将达5万P。其中，武当云 ...

证券日报网讯 12月25日，南威软件在互动平台回答投资者提问时表示，公司于2024年4月获得北京市发 展和改革委员会批准，建设2300PFlops算力的"北京七星园数字经济产业智算中心"，用于服务企业人工 智能发展、政府公共算力及企业算力需求。2025年11月，首批高性能算力服务器已正式上架投入运营， 开始面向全国用户提供算力服务，并获得3285万元算力租赁订单。 （文章来源：证券日报） ...

Core Viewpoint - The National Development and Reform Commission (NDRC) is actively addressing the suggestions and criticisms from representatives at the National People's Congress, focusing on infrastructure, industry development, social welfare, green low-carbon development, and major projects [1] Group 1: Suggestions and Responses - The NDRC has handled 2,933 suggestions this year, primarily related to infrastructure, industry, social welfare, green development, and major projects [1] - The NDRC is integrating valuable suggestions into policy measures to enhance the effectiveness of its work [1] - A notable response includes extending the Spring Festival holiday to 9 days in 2026, which has received a positive sentiment rate of 92.9% based on big data monitoring [1] Group 2: 14th Five-Year Plan - The NDRC is drafting the outline of the 14th Five-Year Plan, with 242 suggestions related to this plan, proposing significant policies and projects [1] - The NDRC is combining the handling of these suggestions with the planning activities to ensure comprehensive research and adoption [1] Group 3: Economic Governance and Innovation - The NDRC is working to enhance macroeconomic governance efficiency, with 347 representatives providing over 700 specific suggestions on technology and industry innovation [1] - The NDRC is categorizing and analyzing 246 suggestions related to the development of revolutionary old areas, aiming to incorporate them into relevant policy documents to boost local development [1]

Group 1 - The core viewpoint of the articles highlights the optimization of fiscal expenditure structure in China, with a focus on investing in people and ensuring the well-being of the population [1][8] - In the first 11 months of this year, the broad fiscal revenue reached 24,079 billion yuan, showing a year-on-year decline of approximately 0.2%, while broad fiscal expenditure was 34,066 billion yuan, reflecting a year-on-year increase of about 4.5% [1][4] - The broad fiscal expenditure exceeded revenue by 99,872 billion yuan, which is a year-on-year increase of approximately 17.9%, indicating a more proactive fiscal policy aimed at stabilizing growth and expanding domestic demand [1][6] Group 2 - The broad fiscal revenue is close to the initial official expectations for the year, with a projected growth of about 0.2% for 2025, aligning with the current year-to-date performance [4] - The general public budget revenue increased by 0.8% year-on-year in the first 11 months, slightly better than the initial forecast of 0.1%, driven by stable economic performance and increased tax revenues from a vibrant capital market [4] - However, government fund revenue remains below initial expectations, primarily due to a sluggish real estate market and lower-than-expected land transfer income, which decreased by 10.7% year-on-year [5] Group 3 - The growth rate of broad fiscal expenditure is lower than the initial official forecast, with an actual increase of 4.5% compared to an expected 9.3% for 2025, largely due to underperformance in land transfer income [6] - To maintain fiscal expenditure levels, the central government has allowed local governments to issue an additional 500 billion yuan in bonds in the fourth quarter to support local financial capacity and major project construction [6] - The total investment from new policy financial tools has reached approximately 7 trillion yuan, focusing on digital economy, artificial intelligence, and urban infrastructure projects [6][8] Group 4 - The net financing of government bonds reached 1.315 trillion yuan in the first 11 months, an increase of 361 billion yuan year-on-year [7] - The central economic work conference has called for continued implementation of a more proactive fiscal policy next year, with expectations for the fiscal deficit rate to be set around 4% for 2026 [9] - The anticipated increase in government debt issuance, including long-term special bonds and local government bonds, is expected to exceed 12 trillion yuan in 2025, potentially reaching between 13 trillion and 16 trillion yuan [9]