1 中国7月财新制造业PMI公布 2国家发改委定于8月1日召开新闻发布会,解读 当前经济形势和经济工作 2025年8月1日 星期五 3 美国7月失业率公布 4 特朗普宣布8月1日起对进口半成品铜等产品征 收50%关税 5 香港《稳定币条例》 将于8月1日生效 1 李强主持召开国务院常务会议 国务院总理李强7月31日主持召开国务院常务会议，审议通过《关于深入实施"人工智能+"行动的意见》，部署实施个人消费贷款贴息政策与服务业经营主 体贷款贴息政策，讨论并原则通过《中华人民共和国耕地保护和质量提升法（草案）》。（央视新闻） 2 隔夜市场 美股三大指数集体收跌，道指跌0.74%，纳指跌0.03%，标普500指数跌0.37%，热门科技股涨跌不一，Meta涨超11%，微软涨近4%，盘中一度突破4万亿美 元大关，最终收盘市值3.97万亿美元；Arm跌超13%，特斯拉跌超3%，谷歌、博通跌超2%；半导体设备与材料、减肥药概念股跌幅居前，诺和诺德跌近 6%，科磊跌近5%，阿斯麦跌超3%，礼来、辉瑞跌超2%；设计软件巨头Figma上市首日上涨256%。纳斯达克中国金龙指数涨0.66%，中概股多数上涨，蔚来 涨近8%，金山云涨超 ...

Group 1 - China's July Caixin Manufacturing PMI was released, indicating the current economic situation and work [2] - The State Council, led by Premier Li Qiang, approved the "Artificial Intelligence+" action plan and discussed policies to support personal consumption loans and service industry loans [4] - The Ministry of Commerce expressed expectations for continued dialogue with the U.S. to achieve more win-win results in trade relations [8] Group 2 - The National Development and Reform Commission emphasized the need to stabilize investment and promote consumption, focusing on the "Artificial Intelligence+" initiative and the development of the low-altitude economy [9] - The National Medical Insurance Administration supports the entry of new technologies like brain-computer interfaces into clinical use and pricing mechanisms for new medical technologies [10] - The Ministry of Foreign Affairs urged Japan to take effective measures to ensure the safety of Chinese citizens following an incident in Tokyo [5] Group 3 - The International gold futures fell by 0.31%, closing at $3342.30 per ounce, while silver futures dropped by 2.51% to $36.79 per ounce [5] - International oil prices declined, with WTI crude oil down by 0.91% to $69.36 per barrel, and Brent crude oil down by 0.86% to $71.85 per barrel [6] - Major European stock indices closed lower, with Germany's DAX down by 0.81%, France's CAC40 down by 1.14%, and the UK's FTSE 100 down by 0.05% [7] Group 4 - Amazon reported a second-quarter net profit of $18.16 billion, a year-on-year increase of 34.7%, with revenues of $167.7 billion, up 13% [25] - Apple announced a third-quarter net profit of $23.43 billion, a 9% year-on-year increase, with revenues of $94.04 billion, up 9.6% [26] - BMW's net profit for the first half of the year decreased by 29% to €4 billion, with sales revenue down by 8% to €67.7 billion [27] Group 5 - WeRide reported a second-quarter revenue of 127 million yuan, a year-on-year increase of 60.8%, with its Robotaxi business revenue reaching 45.9 million yuan, up 836.7% [28] - BYD's Yangwang brand announced the pre-sale of the Yangwang U8L at a starting price of 1.3 million yuan [21] - NIO launched the L90 model with a starting price of 179,800 yuan, utilizing a battery-as-a-service (BaaS) model [23]

Core Insights - The Qing Shan Lake Science and Technology City aims to establish itself as a national-level economic and technological development zone, focusing on project acceleration, enterprise enhancement, and technological breakthroughs [1][2] Group 1: Economic Performance - From January to June, the service industry revenue in Qing Shan Lake increased by 110.4%, fixed asset investment rose by 11.6%, and manufacturing investment grew by 16.5% [1] - The region has seen significant growth in technology-driven enterprises, with 20 companies reporting a 67.1% increase in output [2] Group 2: Industrial Development - Qing Shan Lake is developing a "3+1" advanced manufacturing industry system, focusing on new equipment, new materials, and health, while also accelerating the layout of intelligent robotics [2] - The area has established a comprehensive cultivation system for emerging industries, including a key service platform for humanoid robot components [2] Group 3: Investment and Attraction - The region has successfully attracted 36 billion-level projects, including 8 projects exceeding 1 billion, indicating a strong industrial clustering effect [3] - The total number of operating entities in Lin'an District has surpassed 100,000, showcasing the area's growing industrial appeal [3] Group 4: Innovation and Talent - Qing Shan Lake has launched a technology innovation system aimed at increasing the number of national high-tech enterprises and provincial technology-based SMEs [4] - The introduction of young talent has surged, with a 38% increase in university graduates under 35 and a 27.3% increase in PhDs under 40 [4] Group 5: Business Environment - The region has enhanced its service mechanisms, including initiatives like "Investment Qing Shan Lake" and various support measures for businesses [5] - Financial products tailored for enterprises and talent have been introduced, providing low-cost financing solutions [6]

Core Viewpoint - The National Development and Reform Commission emphasizes the need to stabilize employment, enterprises, markets, and expectations while promoting investment and consumption in the second half of the year [1][2]. Group 1: Economic Stability and Growth - The meeting highlighted that China's economy has shown resilience and vitality, with major economic indicators performing well and new productive forces developing positively [1]. - The focus is on strengthening domestic circulation and optimizing external circulation to achieve the annual targets and tasks outlined in the 14th Five-Year Plan [2]. Group 2: Policy Implementation and Planning - The development reform system is tasked with thoroughly implementing the decisions of the Central Committee and the State Council, ensuring a solid foundation for the 15th Five-Year Plan [2]. - There is a call for comprehensive analysis and research on major changes, important indicators, and significant issues to support employment and domestic demand [3]. Group 3: Investment and Consumption - Efforts will be made to stabilize investment and promote consumption, with a focus on expanding investment increments and enhancing the management of government investment projects [3]. - The aim is to invigorate private investment and implement policies that enhance quality and efficiency in the economy [3]. Group 4: Market and Competition - The initiative includes advancing the construction of a unified national market, eliminating "involution" competition, and reforming bidding and investment attraction practices [3]. - The goal is to facilitate smooth circulation of factors and promote healthy and high-quality development of the private economy [3]. Group 5: Sustainable Development - The meeting emphasizes the importance of transitioning to a dual control mechanism for energy consumption and carbon emissions to promote green and low-carbon development [3]. - There is a commitment to enhancing regional and urban-rural coordinated development, focusing on urban renewal and rural revitalization [3].

Group 1 - The meeting emphasized the need for the development reform system to fully implement the decisions of the Central Committee and the State Council, focusing on stabilizing employment, enterprises, markets, and expectations, while strengthening the internal circulation and optimizing external circulation to achieve annual targets and tasks of the 14th Five-Year Plan [1] - Key areas of focus include conducting analysis and research on major changes, important indicators, and significant issues, with an emphasis on stabilizing employment and expanding domestic demand through policy preparation [1] - The meeting highlighted the importance of solidifying investment and promoting consumption, enhancing government investment project management, and stimulating private investment to boost market vitality and consumption [1][2] Group 2 - The meeting called for deepening the construction of a unified national market, eliminating "involution" competition, and promoting the healthy and high-quality development of the private economy [2] - There is a commitment to expanding high-level opening up, balancing "bringing in" and "going out," and promoting high-quality cooperation in the Belt and Road Initiative [3] Group 3 - The meeting stressed the need for a comprehensive transition to green and low-carbon development through dual control of carbon emissions and energy consumption, establishing a new mechanism for this transition [4] - It also emphasized the importance of regional and urban-rural coordinated development, implementing strategies for regional coordination, and promoting rural revitalization [4] - The meeting underscored the need for comprehensive planning and balance to stabilize employment, ensure the safety of key areas such as food, energy, and supply chains, and enhance public welfare services [4]

Core Viewpoint - Shenzhen aims to establish itself as the "global low-altitude economy capital" through a comprehensive low-altitude infrastructure development plan from 2024 to 2026, focusing on advanced technology and integration across various sectors [1][2]. Group 1: Infrastructure Development - The plan includes the construction of a low-altitude economic headquarters with a layout of "1+5+4," comprising one major scientific facility, five operational test zones, and four testing fields, targeting a production value exceeding 130 billion yuan by 2026 [1]. - A total of over 1,200 low-altitude takeoff and landing points will be established, along with more than 1,000 commercial low-altitude flight routes, enhancing urban connectivity and service coverage [2][3]. Group 2: Industry and Technology - The initiative aims to create ten low-altitude economic industrial parks and two specialized parks, ensuring self-sufficiency in core technologies and key components for low-altitude aircraft [1]. - By 2025, the plan seeks to develop advanced wind tunnel facilities and a low-altitude flight training platform, contributing to the certification and training of eVTOL products [4]. Group 3: Service and Application - The establishment of a comprehensive public service network will include 283 takeoff and landing sites for eVTOL and helicopters, catering to various needs such as tourism, medical emergencies, and public services [3]. - The plan emphasizes the creation of a one-stop solution center, including the world's first low-altitude intelligent integration system, ensuring full coverage of communication, navigation, and monitoring services [2].

Group 1 - The recent economic work deployment by 31 provinces emphasizes expanding domestic demand, developing new productive forces, and stabilizing foreign trade as the three main focuses [1][2] - Local governments are implementing measures such as issuing consumption vouchers and promoting project construction to boost consumption and investment, but these short-term measures may not address the underlying issues of consumer confidence and spending [1][2] - Effective investment should focus on practical areas that enhance people's livelihoods and industrial upgrades, rather than large-scale projects that may lead to resource waste [1][2] Group 2 - The concept of developing new productive forces is gaining traction, with many regions focusing on emerging industries like artificial intelligence and low-altitude economy, but there is a risk of redundant construction and resource misallocation [2][3] - There is a need for a shift in policy focus towards supporting research and development and talent cultivation, rather than just equipment procurement [2][3] - The transformation of foreign trade is crucial, as traditional low-cost competition is becoming unsustainable; enhancing product value is key to overcoming challenges from Southeast Asia and market barriers in Europe and the U.S. [2][3] Group 3 - Initiatives like the Belt and Road and China-Europe Railway Express present opportunities for market expansion, but participation from small and medium-sized foreign trade enterprises remains low due to information gaps and risk concerns [3] - Local governments are encouraged to create service platforms to facilitate market entry for businesses and promote the integration of foreign and domestic trade [3] - The effectiveness of the economic deployment will depend on precise execution and local adaptation to find breakthrough points in consumption, investment, industry, and foreign trade [3]

此前，国家发展改革委发布消息称，已安排超3000亿元支持2025年第三批"两重"建设项目。至此，今年 8000亿元"两重"建设项目清单已全部下达完毕。 近期国家发展改革委还会同财政部，向地方下达了今年第三批690亿元超长期特别国债支持消费品以旧 换新资金。按计划将于10月下达今年第四批690亿元超长期特别国债资金，继续支持地方实施消费品以 旧换新政策。 证券时报记者韩忠楠 7月31日，国家发展改革委召开2025年上半年发展改革形势通报会。会议部署了多项重点任务，包括稳 就业、扩大内需、推动"人工智能+"行动走深走实、破除"内卷式"竞争等。 会议指出，今年以来，我国经济运行稳中有进，高质量发展取得新成效，主要经济指标表现良好，新质 生产力积极发展，改革开放不断深化，重点领域风险有力有效防范化解，民生兜底保障进一步加强，我 国经济展现强大活力和韧性。 展望下半年，国家发展改革委将着力稳就业、稳企业、稳市场、稳预期，进一步做强内循环、优化外循 环、搞好双循环，努力完成全年预期目标和"十四五"规划各项任务，为"十五五"良好开局打好基础。 国家发展改革委表示，下半年的工作重点包括九个方面，包括稳就业、扩内需、强化宏观政 ...

◎记者 何治民 2026年深圳全市120米以下无人机适飞空域占比超75%，建成低空起降点1200个以上，建成全球首个低 空智能融合系统（SILAS）……7月31日，深圳市发展改革委官网发布的《深圳市低空基础设施高质量 建设方案（2024—2026年）》（下称《建设方案》）明确了多个目标和任务。 "这份方案对其他城市有重要的借鉴和参考意义。毕竟深圳在拓展低空经济的应用场景方面做了很多探 索，实践经验更加丰富一些。"未来低空经济创新中心理事长罗军对上海证券报记者表示。 特新"小巨人"、制造业单项冠军、隐形冠军等企业国内领先。产业集聚发展水平显著提升，产值规模突 破1300亿元。 在低空高端智造中心建设方面，《建设方案》提出，到2026年底，建成10个低空经济产业园区和2个特 色产业园区，覆盖技术研发、生产制造、营销展示等业态。 在全场景示范验证中心建设方面，《建设方案》提出，到2026年底，建成低空起降点1200个以上，开通 载人、载货飞行等各类低空商业航线1000条以上，直升机、eVTOL起降设施1公里半径覆盖建成区面积 比例突破50%，"2小时同城，4小时跨城"低空快送服务覆盖人口占全市人口比例超过70%，三 ...

Core Insights - The "Three New" economy in China achieved a value-added of 242,908 billion yuan in 2024, growing by 6.7% year-on-year, which is 2.5 percentage points higher than the GDP growth rate [1] - The "Three New" economy accounted for 18.01% of GDP, an increase of 0.43 percentage points from the previous year [1] Group 1: Economic Performance - The "Three New" economy is characterized by new industries, new business formats, and new business models, which are essential for economic activities [1] - The rapid development of the "Three New" economy has created more job opportunities, improved labor productivity, and promoted consumption upgrades [1] Group 2: Trends and Developments - The "Three New" economy is experiencing three major trends: leading growth and structural upgrades, expansion into new fields driven by technology, and regional collaboration [2] - Emerging industries such as digital economy, smart manufacturing, and life health are developing rapidly, contributing to the upward momentum of the economy [2] Group 3: Recommendations for Development - Suggestions for strengthening the foundation of the "Three New" economy include deepening the market-oriented allocation of data elements, enhancing regulatory innovation, and aligning with international standards [2]