Group 1 - The U.S. stock market experienced declines, with the Dow Jones down 0.51%, S&P 500 down 0.35%, and Nasdaq down 0.5% [4] - Tesla shares fell by 3.2%, while Micron Technology rose by 3.4% and Nvidia dropped by 1% [4] - The Hong Kong stock market opened high but closed lower, with the Hang Seng Index down 0.71% and a trading volume of 224.5 billion HKD [5] Group 2 - The A-share market showed mixed results, with the Shanghai Composite Index up 0.04%, marking a nine-day winning streak, while the Shenzhen Component and ChiNext Index fell by 0.49% and 0.66% respectively [6] - The total trading volume in the A-share market was 2.14 trillion CNY, a decrease of 20.9 billion CNY from the previous trading day [6] - The commercial aerospace sector continued to perform strongly, with several stocks experiencing consecutive gains [6] Group 3 - Gold prices fell sharply by 4.43% to 4,331.98 USD/oz, while silver prices dropped by 8.87% to 72.14 USD/oz [7] - WTI crude oil rose by 1.55% to 57.75 USD/barrel, and Brent crude oil increased by 1.27% to 61.22 USD/barrel [7] - The U.S. dollar index decreased by 0.059% to 98.01 points [7]

Core Viewpoint - The State Council Tariff Commission has announced the 2026 tariff adjustment plan, effective from January 1, 2026, which will modify the import tariff rates and categories for certain goods, impacting various industries. Group 1: Impact on Industries - The adjustment of tariffs on bio-aviation kerosene indicates a significant potential for the petrochemical industry's green and low-carbon transformation, with production increasing fourfold from January to October 2025 compared to 2024 [1]. - The inclusion of tariffs for intelligent bionic robots and cleaning robots will assist industries and companies in accurately grasping trade data and assessing overseas market trends [1]. - Targeted adjustments to tariffs on urgently needed equipment and intermediate products, including important recyclable raw materials, will help reduce costs and support the development of relevant national industries [1].

Group 1 - The State Council Tariff Commission announced adjustments to import tariff rates and categories effective January 1, 2026, impacting 935 items with provisional tariff rates lower than the most-favored-nation (MFN) rates [1] - The adjustments include the cancellation of provisional tariff rates for micro motors, printing machines, and sulfur, reverting to MFN rates, in response to domestic industrial development and supply-demand changes [1] - New tariff categories will be added for smart bionic robots, bio-aviation kerosene, and forest ginseng to support technological advancement and the development of the circular economy [1] Group 2 - To enhance economic cooperation with least developed countries (LDCs), 100% tariff-free treatment will continue for products from 43 LDCs with which China has diplomatic relations [2] - Special preferential tariff rates will be maintained for certain imports from Bangladesh, Laos, Cambodia, and Myanmar under the Asia-Pacific Trade Agreement and relevant agreements with ASEAN member states [2]

Group 1 - The State Council Tariff Commission has released the "2026 Tariff Adjustment Plan," which will be implemented starting January 1, 2026 [1] - The plan includes a temporary import tariff rate lower than the most-favored-nation (MFN) rate for 935 items to enhance the linkage between domestic and international markets and expand the supply of quality goods [1] - Key components of the tariff adjustments include reducing import tariffs on critical components and advanced materials to promote high-level technological self-reliance and the construction of a modern industrial system [1] Group 2 - The plan aims to support the comprehensive green transformation of the economy and society by lowering import tariffs on resource-based products such as regenerated black powder for lithium-ion batteries [1] - It also focuses on improving people's livelihoods by reducing import tariffs on medical products like artificial blood vessels and diagnostic kits for certain infectious diseases [1] - The total number of tariff items after adjustments will be 8,972, with new entries for items supporting technological development and circular economy [1] Group 3 - In 2026, the country will continue to implement preferential tariff rates for certain imported goods from 34 trade partners based on 24 free trade agreements and preferential trade arrangements [2] - To promote economic cooperation with least developed countries, 100% tariff-free treatment will be granted to products from 43 least developed countries with which diplomatic relations have been established [2] - The plan also includes special preferential tariff rates for certain imports from Bangladesh, Laos, Cambodia, and Myanmar under the Asia-Pacific Trade Agreement and relevant intergovernmental agreements with ASEAN member states [2]

Group 1 - The State Council's tariff adjustment plan for 2026 aims to enhance the linkage between domestic and international markets by implementing provisional tariff rates lower than the most-favored-nation (MFN) rates on 935 items, promoting high-level technological self-reliance and modern industrial system construction [1] - The plan includes reducing import tariffs on key components and advanced materials, such as CNC hydraulic air cushions and composite joints, to support technological development and economic transformation [1] - The adjustment will also lower tariffs on medical products like artificial blood vessels and diagnostic kits to improve public health and welfare [1] Group 2 - The plan continues to implement preferential tariff rates for certain imported goods from 34 trade partners under 24 free trade agreements, promoting regional economic integration [2] - It maintains zero-tariff treatment for 100% of products from 43 least developed countries, reflecting China's commitment to supporting their development [2] - The tariff quota management for eight categories of imported goods, including wheat, remains unchanged, with a 1% provisional tariff rate on urea and other fertilizers, which is expected to stabilize agricultural production costs [2][3] Group 3 - The reduction in import tariffs is expected to lower costs for imported products, enhancing consumer purchasing power and stimulating domestic consumption [3] - The adjustment will impact corporate costs positively, allowing companies to reduce production costs and improve efficiency and product quality [3] - Increased competition from foreign imports may drive domestic companies to accelerate technological upgrades, facilitating industry transformation and upgrading [3]

Group 1 - The Chinese government will adjust import tariff rates and categories for certain goods starting January 1, 2026, to enhance the synergy between domestic and international markets and expand the supply of high-quality products [1] - A total of 935 items will have a temporary import tariff rate lower than the most-favored-nation (MFN) rate, including key components and advanced materials to promote technological self-reliance and modern industrial systems [1] - Tariffs on resource-based products such as regenerated black powder for lithium-ion batteries and unroasted pyrite will be reduced to support green transformation and economic development [1] Group 2 - The Chinese government will continue to implement preferential tariff rates for certain imported goods from 34 trade partners based on 24 free trade agreements and preferential trade arrangements [2] - To support the development of least developed countries, China will maintain zero-tariff treatment for 100% of products from 43 least developed countries that have diplomatic relations with China [2] - Special preferential rates will continue for certain imported goods from Bangladesh, Laos, Cambodia, and Myanmar under the Asia-Pacific Trade Agreement and relevant agreements with ASEAN member states [2]

记者：申铖 根据方案，为增强国内国际两个市场两种资源的联动效应，扩大优质商品供给，2026年我国将对935项 商品实施低于最惠国税率的进口暂定税率。优化关税税目及本国子目注释，税则税目总数增加至8972 个。 为持续深化经贸合作，促进区域融合发展，2026年根据我与34个贸易伙伴签署的24项自由贸易协定和优 惠贸易安排，继续对原产于上述贸易伙伴的部分进口货物实施协定税率。为促进与最不发达国家的经贸 合作，帮助最不发达国家发展，继续给予43个与我建交的最不发达国家100%税目产品零关税待遇。 国务院关税税则委员会12月29日对外发布《2026年关税调整方案》，将自2026年1月1日起实施。 每逢年末，我国会根据经济社会发展情况，对部分进出口商品的关税税率税目进行调整。 海报制作：申铖 新华社国内部出品 ...

Group 1 - The core viewpoint of the news is the announcement of China's tariff adjustment plan for 2026, which includes the implementation of provisional import tariffs lower than the most-favored-nation rate on 935 items starting January 1, 2026 [3][4] - A significant aspect of the tariff adjustment is the reduction of import tariffs on key components, advanced materials, and energy resources, which is expected to promote the digital transformation of China's manufacturing industry and enhance the quality of key industries [3][4] - The adjustment also includes a focus on improving the affordability of medical products for the public, with reductions in tariffs on items such as artificial blood vessels and diagnostic kits for infectious diseases, thereby alleviating the economic burden on patients [4] Group 2 - The tariff adjustment further optimizes the tariff categories and annotations, with the total number of tariff items reaching 8,972, including new categories for smart bionic robots and bio-aviation kerosene, which will aid in accurately tracking trade data and promoting related industry development [5] - The continuation of preferential tariffs for imports from 34 trade partners and the implementation of zero-tariff treatment for 43 least developed countries demonstrate China's commitment to deepening economic cooperation and sharing market opportunities [5][6] - The move to maintain preferential tariffs and implement agreement rates is seen as a strong measure to expand high-level opening-up and provide certainty in an uncertain international environment, showcasing China's responsibility as a major global player [6]

我国将对935项商品实施低于 最惠国税率的进口口定定税率 优化关税税目及本国子民法扶贫 继续实施协定税率和特惠税率 新华社国内部出品 关税是国家宏观调控的重要手段。国务院关税税则委员会12月29日对外发布公告，明确了2026年我 国关税调整方案。 新华社权威快报 国务院关税税则委员会发布《2026年关税调整方案》 自2026年1月1日起 记者发现，此次调整暂定税率的进口商品中，不少是涉及民生的医疗产品，如人造血管、部分传染 病的诊断试剂盒等。 据介绍，自2018年以来，我国已多次降低成品药及原料药、医疗设备及零部件的进口关税。目前， 绝大多数成品药、部分抗癌药和罕见病原料药已实施零关税。 根据公告所附《2026年关税调整方案》，自2026年1月1日起，我国将对935项商品实施低于最惠国 税率的进口暂定税率。 其中，降低部分关键零部件、先进材料、能源资源品进口关税，是此次进口暂定税率调整的一大看 点。 中国社科院世界经济与政治研究所研究员高凌云关注到此次降低了压力机用数控液压气垫、异型复 合接点带等商品的进口暂定税率。"这有利于促进我国制造业数智化转型，推动相关重点产业提质升 级，加快培育新动能。" 根据方案， ...

宏观要闻 央行已出台数字人民币行动方案 据央视新闻从中国人民银行了解到，中国人民银行已经出台《关于进一步加强数字人民币管理服务体系和相关金融基础设施建设的行动方案》，新一代数字 人民币计量框架、管理体系、运行机制和生态体系将于2026年1月1日正式启动实施。 2026年关税调整方案出炉 据智通财经今日从飞常准获悉，其接航司通知，2026年1月5日零时起，下调国内航线旅客运输燃油附加费征收标准。其中800公里(含)以下航段向每位成人 旅客收取燃油费10元，800公里以上航段向每位成人旅客收取燃油费20元；分别下调10元和20元。 机构观点 余永定：明年中国经济增长的关键在于财政政策的扩张力度 在2025三亚·财经国际论坛暨第五届三亚财富管理大会上，中国社会科学院学部委员余永定在演讲中表示，中国明年经济增速是否可以维持在5%，关键在于 财政政策的扩张力度。历史经验告诉我们，提高基础设施投资增速是解决有效需求不足的有效政策工具，在长期促进经济稳定增长，在短期弥补有效需求不 足。他指出，关于中国投资效率低下的说法是片面的，衡量生产效率的指标包括劳动生产率、资本生产率或者资本产出率或者全要素生产率，中国的劳动生 产率是 ...