丙午马年的钟声敲响，春风拂过神州大地。在这辞旧迎新时刻，请向每一位奋斗的你我，道一声：爱 你，老己！ 刚刚过去的乙巳蛇年，极不平凡。我们携手并肩，在风雨中前行，在挑战中成长。 这一年，"老己"马不停蹄。无论是写字楼里最后熄灭的那盏灯，还是穿梭在大街小巷风雨无阻的那辆 车；无论是实验室里无数次失败后的又一次重启，还是诊室里、讲台上、工地上每一个咬牙坚持的日 常，都是你我马不停蹄的默默奋斗，都配得上一声"爱你老己"的致敬。 河南省商 丘市夏邑县曹集社区的一家人在吃年夜饭。新华社发（苗育才摄） 实现人民对美好生活的向往是中国式现代化的出发点和落脚点。 当"爱你老己"成为跨年之际的"网红"词汇时，当"情绪价值"第一次写入多地政府工作报告时，社会看到 了"老己"的拼搏，网络听到了"老己"的声音。 各地政府工作报告中一份份"民生清单"的背后，就是对每一个"人"的关切，对每一个"老己"的回应。 游客在江 苏苏州狮山文化广场赏灯游玩。新华社发（杭兴微摄） 丙午马年，意义非凡。"十五五"开局，蓝图已经绘就，改革开放步伐不停，新质生产力拔节生长。 这一年，"小家"热气腾腾。居民收入与经济增长基本同步，百姓钱包更加殷实；养老金稳步 ...

Core Viewpoint - The article emphasizes the optimistic outlook for China's economy in 2026, highlighting the support from foreign investment banks and the potential for capital inflow into Chinese markets, particularly A-shares and Hong Kong stocks [1]. Economic Growth and Market Outlook - China's economic growth rate of around 5% is still among the highest globally, despite a slowdown since 2010 due to the increasing size of the economy [2][3]. - The focus on domestic demand as a key task for 2026 is crucial, given the unpredictable external environment and the large domestic market [3]. Monetary Policy and Currency - There is an expectation for moderate monetary easing, including potential interest rate cuts, but significant reductions are not anticipated [3]. - The Chinese yuan is expected to appreciate against the US dollar and slightly against a basket of currencies in 2026 [3]. Price Stability and Consumer Spending - The article discusses the need for policies to address cyclical issues and improve consumer spending, emphasizing the importance of increasing residents' income to boost consumption [4]. - Stabilizing housing prices and improving property income are also seen as vital for enhancing consumer confidence and spending [4]. Investment Opportunities - The A-share market is expected to show structural opportunities, particularly in the technology sector, as 2026 marks the beginning of the "14th Five-Year Plan" with numerous goals set for high-tech industries [5]. - Despite potential adjustments in US tech stocks impacting domestic sectors, the long-term outlook for technology, especially AI, remains positive [5].

这是来自广州的广东酷库智能机器人有限公司（下称"酷库公司"）生产的机器人。2月上旬，2026年亚 太经合组织（APEC）第一次高官会及相关会议在广州举行，这些"AI咖啡师"还去到了会场。2月13日， 南都N视频记者走访了解到，马年新春，酷库公司的机器人在越秀公园、海心沙、广州白云国际机场等 点位都会正常营业。 属相为马的00后"小马"李得骏，是酷库公司工作人员，春节期间将在不同点位值班。"我家就在广州， 值班是负责指引下单、日常清洁、物料补充以及故障处理等工作。"李得骏告诉南都记者，"前几天，我 遇到三名来自中东的游客，他们说从未在自己的国家见过这样高科技的机器人，一边录视频一边说'这 真的太酷了'。看到'广东智造'被来自世界各地的人们喜爱，我感到很自豪。" "春节期间会在岗值班" 李得骏是00后，也是土生土长的广州人，读计算机专业的他很看好AI行业发展前景，刚刚入职酷库公 司。 编者按：南都N视频推出新春走基层特别策划《老马小马的新途》，记者深入各行各业，走 进车间工厂，采访姓马、生肖属马的一线奋斗者，听他们讲述"马儿"春节期间坚守工作岗 位，奋力推动广货行天下、游客来粤过大年等工作的新征途。 "哇，机器人 ...

春晚网络热度持续走高，近2000个话题登上热搜热榜。截至2月17日13时，2026年总台春晚全网话题阅 读量达271.2亿。全网各大平台热搜涌现，共计登榜话题数达1939个。春晚全媒体渠道的用户中，年轻 用户占比增加，达到41.82%，同比提升1.35个百分点。新质生产力相关节目提及度进一步提升，关联 AI、人形机器人等新质生产力内容的关注占比20.99%，同比提升5.4倍。 春晚海外传播效果大幅提升。总台通过85种语言对外传播平台向全球直播和报道春晚。CGTN(中国国 际电视台)春晚相关报道全球阅读量达23.09亿次，视频观看量8.43亿次，分别较去年增长32.85%、 43.61%。总台联动全球近4000家媒体对春晚进行同步直播和报道，同比增长37.95%。总台主办的"春晚 序曲全球看春晚"线下活动在美国、俄罗斯、法国、德国、意大利、新西兰、巴西、埃及等多个国家举 办。全球98个国家、140座城市的4062块公共大屏直播和宣介总台春晚，覆盖国家数和屏幕数较去年分 别增长12.6%和15.8%。其中，春晚英、西、法、阿、俄五种语言宣传片首次同步亮相联合国日内瓦办 事处万国宫，将"骐骥驰骋"的新春祝福传递给全 ...

接过志愿者为进馆观众递上的新春"福"字，阮伟豪来到纪念馆序厅，在中共一大代表的群体铜像前停下脚步，感慨道："当年，建党先驱们那样年 轻，就开创了伟业。" 时空跨越百余年，两代青春"同龄人"在这一刻同频共鸣。 丙午马年正月初一，上海中共一大纪念馆肃穆的石库门建筑周围弥漫着喜庆氛围。没有喧嚣爆竹，却有别样暖流在空气中涌动。 "齐步——走！" 上午八时三十分左右，随着一声清亮口令响起，由上海嵩山消防救援站队员组建的"一大广场国旗护卫队"迈着铿锵步伐，护送国旗至旗杆下。国 歌奏响，国旗在丙午新岁的晨风中徐徐上升。广场上，人们纷纷驻足，目光追随。 群众队伍里，27岁上海小伙阮伟豪站姿挺拔，这是大学期间两年军旅生涯对他的塑造。读书时，他曾多次参观中共一大纪念馆，参加工作后，这 是第一次，"我希望从建党先驱们身上汲取一种敢于突破和创新的力量"。 年轻的志愿者们也在纪念馆中度过别样春节。幼儿园教师徐文晶自2021年加入中共一大纪念馆讲解志愿服务队伍以来，今年是她在这里度过的第 五个春节。徐文晶说："家人们都很支持我，觉得这件事很有意义。在这里做志愿者已经成为我过年的仪式感。" 阮伟豪目前在上海一家"95后"为绝对主力的人工智 ...

在中国传统文化中，马既象征着"跃马扬鞭"的一往无前之势，也蕴含着"路遥知马力"的行稳致远之意，恰好映我们希望与大家分享的两个投资理 念： 其一，跃马扬鞭，须内筑根基。一往无前并非依靠瞬间的爆发力，而是源于稳固的核心。面对纷繁复杂的市场，与其预测变化，不如构建能够从 容应对变化的内生系统。于进化论而言，这意味着不断丰富因子维度，持续打造更稳健的模型，做"有逻辑的量化"；于广大投资者而言，则意味 着坚持理性投资和分散投资的原则，构建与自身投资目标相匹配的稳健组合，在市场的周期波动中保持一往无前的锐气。 其二，行稳致远，路遥知马力。投资是一场考验耐力的马拉松，真正的赢家属于长期主义者。我们坚持"慢即是快"的理念：一是不贪求短期的业 绩爆发，注重风险收益比的平衡，积少成多，收获复利的果实；二是把时间投入在可持续、可沉淀的事情上，构建系统化的投资框架，厚积薄 发。 日月其迈，时盛岁新。感谢各位投资者、合作伙伴一直以来的信任、支持！进化论资产将继续努力为投资者创造长期价值。再次祝愿各位：阖家 欢乐，投资顺遂！ 作者简介： （原标题：进化论资产总经理王一平：行稳致远，做有逻辑的量化） 新春伊始，万象更新。值此新春佳节之际， ...

Economic Growth - Zhejiang's GDP has crossed significant milestones, reaching 94,545 billion yuan by 2025, securing the fourth position nationally [1] - The automotive industry in Zhejiang is thriving, with the production of new energy vehicles expected to exceed 1.38 million units by 2025, ranking third in the country [1][2] Innovation and Development - Zhejiang is focusing on innovation as a new driving force, with the goal of becoming a high-level innovative province by 2025, aiming for a research and development intensity of around 3.3% [3] - The region's innovation capacity is projected to rank fourth nationally, with high-tech industries contributing 70% to the added value [3] Industrial Transformation - Zhejiang is leveraging its strengths in various sectors, including AI, new energy vehicles, and digital economy, to enhance its industrial structure and adapt to market changes [4] - By 2024, the core industries of the digital economy are expected to account for 12.3% of the GDP, with strategic emerging industries making up one-third of the industrial added value [4] Social Development and Income Growth - By 2025, the per capita disposable income in Zhejiang is projected to surpass 70,000 yuan, with rural residents' income exceeding 45,000 yuan, maintaining a leading position nationally [5] - The province is actively working towards common prosperity, aiming to reduce income disparities and improve public services [5] Future Outlook - As Zhejiang approaches the 10 trillion yuan GDP mark, it is poised for further economic advancement and development [6]

Core Insights - The transformation of the Spring Festival Gala stage reflects the shift towards "hard technology" as a central theme in China's economic development, showcasing the evolution from consumer goods to platform enterprises and now to an integrated "smart technology ecosystem" [2][5] - The emergence of multiple hard technology brands at the gala indicates a rapid development of industry clusters and a shift from selling individual products to offering comprehensive smart solutions that enhance future lifestyles [2][3] Industry Trends - The smart hardware industry is undergoing a significant change from "single function" products to "full-scene intelligence," with a focus on ecosystem competition rather than individual product competition [3] - The competitive logic is shifting from pursuing blockbuster products to building "technological compounding" and "ecosystem premium," as outlined in the "14th Five-Year Plan" [3] Technological Advancements - Companies are increasingly focusing on core underlying technologies, enhancing China's position in the global high-end market, exemplified by the development of high-speed digital motor technology by companies like追觅科技 [4] - The market for whole-home smart systems is projected to reach 280 billion yuan by 2026, with a penetration rate exceeding 35%, indicating a rapid acceleration in smart technology adoption [4] Global Market Position - A number of Chinese technology companies are establishing a presence in the global high-end market, transitioning from simple product exports to a more systematic approach involving technology standards and brand recognition [4] - Chinese brands in the high-end segment of the global market, particularly in robotic vacuum cleaners, are gaining market share, demonstrating their capability to build high-end brand images through hard technology [4]

Core Viewpoint - In 2025, China's GDP surpassed 140 trillion yuan for the first time, achieving a year-on-year growth of 5.0% at constant prices, maintaining a leading growth rate among major global economies [1][4]. Economic Growth and Resilience - China's economy has shown remarkable resilience, achieving a historic total increase during the "14th Five-Year Plan" period, with GDP rising from 110 trillion yuan to 140 trillion yuan, averaging over 5% growth [5]. - The manufacturing sector has maintained its position as the world's largest for 16 consecutive years, contributing significantly to economic stability and technological innovation [5]. - Grain production has stabilized at 1.4 trillion jin for two consecutive years, ensuring food security for over 1.4 billion people amidst global price fluctuations and extreme weather [5]. Risk Resistance and Stability - China's large economic scale has translated into strong risk resistance, maintaining stability in the face of global debt challenges and protectionist measures [7]. - The average urban unemployment rate during the "14th Five-Year Plan" was 5.2%, with real per capita disposable income growing by 5.0%, reflecting synchronized economic growth and improved living standards [7]. Domestic and International Demand - The domestic market has shown robust vitality, with significant consumer activity during holidays and a notable contribution of 52.0% from final consumption expenditure to economic growth [8]. - Despite global trade slowdowns, China's total import and export volume increased by 3.8%, with high-tech product exports rising by 13.2% [8]. Structural Optimization - The service sector's contribution to GDP reached 57.7%, becoming the largest industry, while new business models in cultural tourism and heritage revitalization are driving consumption upgrades [12]. - Strategic emerging industries such as high-end equipment manufacturing and biomedicine are rapidly developing, while traditional manufacturing is improving through technological upgrades [12]. Foreign Trade and Open Economy - High-level foreign trade initiatives, such as the Hainan Free Trade Port, have facilitated cross-border movement and increased imports, with a 37% rise in inbound tourists [14]. - The "Belt and Road" initiative has strengthened trade relationships with over 150 countries, enhancing China's integration into the global economy [14]. Innovation and New Productivity - China's R&D expenditure as a percentage of GDP has reached 2.8%, surpassing the OECD average, indicating a new phase of stable growth and quality improvement in technological innovation [16]. - The innovation index has ranked China among the top ten globally, with significant breakthroughs in key technologies supporting the development of emerging industries [16]. Conclusion - Overall, China's economy in 2025 illustrates resilience under pressure and the emergence of new opportunities during transformation, with a clear direction for high-quality development in the future [18].

"上周我在安康市走访调研民营企业，详细了解企业的生产经营情况。这些调研信息我将进一步充实到 提案中。"2月15日，住陕全国政协委员祁志峰说。 从田间地头到企业车间，从民生关切到发展大局，回望过去一年的履职经历，祁志峰深感忙碌而充实， 收获良多。 作为一名企业家，祁志峰始终将履职与本职相结合。"去年全国两会，我围绕推动科技成果转化、弘扬 传承中华优秀传统文化等方面提交的提案均得到有效办理和答复。"祁志峰说。 近年来，祁志峰扎根行业一线，撰写多件高质量提案，持续为民营经济发展鼓与呼。 "很多企业非常有实力和潜力，帮助这些处于转型升级、爬坡过坎关键期的企业纾困解难，是我履职尽 责的应有之义。"祁志峰说。 去年，祁志峰深入房地产、科技、制造业等领域的民营企业调研。他了解到不少民营企业，特别是中小 企业的生产经营受外部环境变化、国内经济转型等因素影响，面临融资难、创新难、科技成果转化难等 发展阵痛。 结合调研情况，祁志峰认为，民营企业发展要破局，首先要用好用足政策。当前，国家和陕西出台了一 系列支持民营企业发展的政策，民营企业要把政策红利转化为现实生产力。其次，要以新质生产力赋能 企业转型升级，破解发展瓶颈、激活创新活 ...