人民财讯12月26日电，12月26日，国家创业投资引导基金正式启动。国家发展改革委召开专题新闻发布 会。财政部经济建设司司长郭方明在回答证券时报记者提问时表示，国家创业投资引导基金立足自身特 点，将与此前成立的政府引导基金进行错位发展，形成合力。一是做好创新链条的前端，依托早期的创 新赛道定位，关注原始创新阶段企业融资缺口，侧重成长期的培育成果转化或产业赋能；二是依托耐心 资本属性的构建，坚持激励机制，为后续阶段储备优质创新项目，推动创新成果从源头培育向产业发 展，同时联动地方资金，结合区域开展合作，通过子基金联动，放大资金杠杆效应；三是以差异化风控 体系培育创新生态，引导社会资本长期扎根科技创新领域，凝聚服务高水平科技自立自强，培育新质生 产力。 ...

Core Viewpoint - Sichuan Development (Holding) Co., Ltd. successfully issued "Belt and Road" technology innovation corporate bonds, with a total issuance scale of 1.6 billion yuan, reflecting its strong financial position and commitment to optimizing debt structure and accelerating the development of new productive forces [2][3]. Group 1: Company Overview - Sichuan Development (Holding) Co., Ltd. was established in December 2008 and is one of the most important core state-owned enterprises in Sichuan, maintaining an "AAA" domestic credit rating for 15 consecutive years and an A-range international rating for 9 years [3]. - The company has over 28,000 employees, directly controls 24 secondary enterprises, and holds stakes in 3 listed companies, with strategic investments in 5 listed companies [3]. - Its business focuses on aerospace, biomedicine, advanced materials, ecological environment protection, capital operations, and technology innovation services, with operations spread across the province and nationwide [3]. Group 2: Bond Issuance Details - The bonds issued include two varieties with a term of 3 years and 7 years, featuring a coupon rate of 1.85% for the 3-year bond and 2.29% for the 7-year bond [2]. - The successful issuance of these bonds is a significant step for Sichuan Development in responding to financial strategies and enhancing its operational capabilities [3]. - The collaboration with Shenwan Hongyuan as the lead underwriter and book manager is expected to deepen future cooperation and expand project opportunities in Sichuan Province [3].

"十五五"时期是基本实现社会主义现代化夯实基础、全面发力的关键时期，在基本实现社会主义现 代化进程中具有承前启后的重要地位，对谱写好"强富美高"新南京现代化建设新篇章具有重大意义。中 国共产党南京市第十五届委员会第十二次全体会议，深入学习贯彻党的二十大和二十届历次全会以及习 近平总书记对江苏工作重要讲话精神，认真落实省委十四届十次全会部署，就制定我市国民经济和社会 发展"十五五"规划提出以下建议。 一、准确把握"十五五"时期在推进中国式现代化南京新实践中的重要地位和经济社会发展总体要 求、主要目标 1."十四五"时期南京经济社会发展取得新的成就。"十四五"时期，面对错综复杂的外部形势和艰巨 繁重的改革发展稳定任务，全市上下坚持以习近平新时代中国特色社会主义思想为指导，深入贯彻党中 央决策部署和习近平总书记对江苏工作重要讲话精神，认真落实省委省政府部署安排，团结奋进、砥砺 前行，经受住世纪疫情严重冲击，坚决扛好经济大省挑大梁的省会担当，总量保持全国内地城市十 强，"强富美高"新南京现代化建设迈上新台阶。经济实力稳步提升，全市地区生产总值超过1.9万亿 元，人均GDP居全国城市前列，软件和信息服务产业产值预计突破 ...

Group 1 - The year 2025 is identified as a critical year for enhancing the quality and efficiency of financial services to the real economy, with insurance funds playing a significant role due to their large scale, long duration, and strong stability [1] - Insurance funds are increasingly aligning with national strategic needs, focusing on key areas such as technological innovation, social welfare, and green transformation, thereby injecting lasting momentum into high-quality economic development [1][10] - By the end of Q3 2025, the equity investment scale of life and property insurance companies reached 5.59 trillion yuan, an increase of 1.49 trillion yuan or 36.18% from the beginning of the year, highlighting the active role of insurance funds in the capital market [2][3] Group 2 - A series of supportive policies have been implemented to facilitate the entry of insurance funds into the market, including measures to remove barriers and enhance investment channels [3] - The regulatory authorities have raised the investment ratio limit for equity assets, allowing insurance funds to expand their allocation in the equity market [3] - Insurance funds have been actively participating in long-term investment reforms, with a total approved funding scale of 222 billion yuan for pilot projects aimed at supporting the real economy and technological innovation [3] Group 3 - Insurance funds have been particularly active in equity stakes, with 37 instances recorded this year, involving 14 insurance companies, primarily in sectors like renewable energy and high-end manufacturing [4] - The diversification of investment methods includes increased allocations to public REITs, various industry funds, and long-term equity investment funds, enhancing the stability of the capital market and supporting the real economy [4] Group 4 - Insurance funds are increasingly directed towards technological innovation, with significant investments in the entire chain of technology development, providing stable financial support for key technological breakthroughs and emerging industries [6][7] - By the end of 2024, the insurance industry had invested 680 billion yuan in strategic emerging industries, reflecting a 17% year-on-year increase, and supported self-reliance in technology with 880 billion yuan, a 107% increase [7] Group 5 - In the realm of social welfare, insurance funds are focusing on addressing urgent public needs, particularly in the elderly care sector, by investing in high-quality elderly care projects across multiple cities [8][9] - Major insurance companies are actively developing integrated elderly care communities, combining living, medical, rehabilitation, and entertainment services to enhance the quality of life for the elderly [8] Group 6 - Insurance funds are also involved in green transformation and energy security projects, demonstrating their commitment to long-term capital investment in key sectors [10]

Core Viewpoint - The Shanghai municipal government has released a set of measures to support the development of the G60 Science and Technology Innovation Corridor, aiming to upgrade it to a "world-class" level and contribute to the establishment of an international science and technology innovation center in Shanghai [1] Group 1: Building a Science and Technology Innovation Source - The measures propose a multi-faceted investment mechanism for applied basic research, supporting enterprises to organize various industry-academia-research collaborations [2] - Establishment of high-level collaborative innovation platforms, including national key laboratories and manufacturing innovation centers [2] - The creation of the Songjiang University Town Innovation Source, which will optimize academic discipline layouts to better match industrial needs and promote technology transfer [2] Group 2: Building World-Class Industrial Clusters - The measures emphasize the high-quality development of modern industrial clusters, supporting advanced manufacturing, strategic emerging industries, and innovative industrial clusters [3] - Accelerating the development of the new generation of electronic information industry and aerospace industry, including satellite internet projects [3] - Fostering the scientific instrument industry and creating a scientific instrument innovation port to support public service platforms [3] Group 3: Layout of Scientific Instrument and 6G Industries - The measures provide a systematic layout for the scientific instrument and 6G future industries, which are crucial for building high-end industrial clusters in Shanghai [4] - The strategy for the scientific instrument industry includes domestic substitution, high-end breakthroughs, and ecological collaboration [4] - The 6G future industry aims to establish a competitive edge in global technology, with plans to cultivate around 20 leading enterprises by 2027 and achieve an industrial scale exceeding 100 billion yuan by 2030 [5][6] Group 4: Cultivating an International First-Class Innovation Ecosystem - The measures propose the establishment of high-quality incubation platforms and support for enterprises to collaborate with various industry-academia-research forces [6] - Strengthening financial support for technology and promoting cooperation between innovation funds [6] - Enhancing talent support and protection of intellectual property rights, including the establishment of a local intellectual property protection center [6] Group 5: Sharing Technology Innovation Resources - The measures aim to optimize the layout of science and technology innovation spaces and improve the comprehensive transportation system [6] - Implementation of flexible land management policies to support technology innovation projects [6] - Establishment of special funds with a total investment of 2.5 billion yuan over five years from municipal and district finances [6]

Core Viewpoint - The year 2025 is pivotal for China's economy, emphasizing the need for internal strengthening to address external challenges and ensure sustainable development [1] Group 1: Expanding Domestic Demand - The potential of China's consumer market is significant, necessitating the implementation of actions to boost consumption and increase residents' income [2] - Effective investment is crucial for expanding domestic demand, stabilizing growth, and promoting transformation, with a focus on both physical and human capital [2] - Efforts should be made to streamline the national market and eliminate barriers to investment, ensuring a unified market [2] Group 2: Fostering Technological Innovation - Emphasizing innovation as a key to overcoming challenges, the focus should be on enhancing innovation capabilities and improving quality and efficiency [3] - Establishing international technology innovation centers in key regions is essential for fostering original innovation and supporting China's modernization [3] - A comprehensive plan for education, technology, and talent development is necessary to meet high-quality development needs and international competition [3] Group 3: Risk Mitigation - Proactive risk assessment and management are vital for maintaining strategic control and enhancing resilience in development [4] - Progress has been made in addressing risks in key areas, including local government debt and small financial institutions, while ensuring systemic risk is avoided [4] - Policies must be coordinated to stabilize the real estate market and manage local government debt effectively, promoting sustainable development [4] Group 4: Strategic Focus and Leadership - Maintaining strategic focus and enhancing internal capabilities are crucial in the face of increasing uncertainties [5] - Strengthening the Party's leadership over economic work is essential for ensuring effective governance and unified efforts across regions [5] - Local governments and departments should tailor their approaches to implement central policies, enhancing internal motivation and competitiveness [5]

安徽，站上新的起点。 从"十一五""十二五"到"十三五"，每一个五年安徽经济总量跨越1个万亿元台阶，而"十四五"这五 年连跨4万亿元、5万亿元两个台阶。从传统农业大省到科技大省、新兴工业大省、制造大省，"新的飞 跃"让安徽日新向上，备受瞩目。 "十五五"安徽，还将创造什么"新的飞跃"？ 安徽将"十五五"确立为"夯实基础、全面发力、创先争优、奋力追赶的关键时期"。前瞻未来，既看 历史中的发展规律，又看时势下的运筹帷幄。新华社记者从实验基地、工厂车间、江河港口、网红地 标，从"十四五"数据，从新近公布的《中共安徽省委关于制定国民经济和社会发展第十五个五年规划的 建议》和2025年安徽省委经济工作会上，进行了探寻。 一问科技创新"新的飞跃" "十五五"时期，这里将打造全球领先的重大科技基础设施集群。BEST预计2027年建成，有望在 2030年全球首次演示聚变发电。深空科学城将建成大型深空飞行器总装集成测试中心、行星保护研究中 心等。 2025年中央经济工作会议提出建设三大国际科技创新中心，"这是一个重大任务"。其中上海国际科 创中心扩围至长三角，安徽历史性跃上国家区域创新体系的最高层级。 加快形成我国原始创新的主 ...

Core Viewpoint - The article emphasizes the importance of integrating education, technology, and talent development as a strategic approach to achieve high-quality development and technological self-reliance in China [2][4]. Group 1: Importance of Integrated Development - Xi Jinping highlights that education, technology, and talent are foundational and strategic supports for building a modern socialist country, advocating for their organic combination to enhance high-quality development [2][4]. - The integration of education, technology, and talent is seen as a necessary evolution of Marxist theory, emphasizing their interdependence and mutual support [3]. Group 2: Strategic Significance - High-quality development is deemed essential for modernizing China, with a focus on optimizing educational structures and talent cultivation to meet new production demands [4]. - The strategic decision to build a strong educational, technological, and talent framework by 2035 aims to leverage these sectors for high-quality development [4]. Group 3: Response to Technological Changes - The article discusses the need to seize opportunities presented by new technological revolutions and industrial transformations, advocating for a coordinated approach to education and talent development [5]. - It notes that the rapid pace of technological change necessitates an adaptive educational model that aligns with emerging fields and technologies [5]. Group 4: Achievements and Current Status - Since the 18th National Congress, China has made significant strides in education and technology, achieving historical advancements and establishing itself as a leader in various metrics, including the number of high-level research papers and patents [6]. - The country has developed a large and diverse talent pool, with over 220 million total talent resources and 7.24 million R&D personnel in 2023, maintaining a leading position globally [6]. Group 5: Implementation Strategies - The article outlines the need for a comprehensive approach to implement the integration of education, technology, and talent, emphasizing the importance of political leadership and policy coordination [8]. - It suggests enhancing the synergy between national strategic technology forces and major scientific tasks to foster innovation and talent development [9]. Group 6: Focus Areas for Talent Development - The article identifies key areas for talent cultivation, including artificial intelligence, integrated circuits, and biotechnology, advocating for the establishment of high-level research platforms and training bases [10]. - It emphasizes the importance of aligning educational programs with national strategic needs and enhancing the training of STEM talents [10]. Group 7: Evaluation and Incentives - The article calls for reforms in evaluation and incentive systems to stimulate innovation and commitment among scientific personnel, advocating for a shift away from traditional metrics towards more effective evaluation methods [12]. - It highlights the need for a supportive environment that encourages talent mobility and the integration of high-level talents into enterprises [12].

"要立足实体经济，强化关键核心技术攻关，推动科技创新和产业创新深度融合"……中央企业负责人会 议日前在京召开，再次传递出中国发展向实求新的强劲信号，这不仅是对"国家队"发力方向的动员指 引，也是对中国发展的科学谋划。 回顾过往，中国经济正是靠实体经济起家，靠科技创新腾飞。百业待兴时，我们以自力更生的清醒建起 比较完整的基础工业体系和国民经济体系，打实了中国自立于世界民族之林的根基。改革开放后，我们 迎接"科学的春天"，加紧重大核心技术攻关，推动制造业加速转型升级，这才有了今天大国重器井喷、 科技创新迎头赶上、中国经济强筋健骨等喜人景象。可见，立足实体经济与强化技术攻关乃一体之两 面，二者深度融合成就了中国的崛起。（北京日报 记者 邱凌） 【#中国发展向实求新#】#中国经济靠实体经济起家# 实体经济是一国经济的立身之本、财富之源，为 社会创造着实实在在的价值，给每个人的生活带来看得见、摸得着的获得感。笃"实"夯基、向"新"而 进，确保产业链条在任何风雨中都能坚韧运转，我们定能将发展命脉牢牢掌握在自己手中。 ...

Core Viewpoint - The article emphasizes the importance of fostering high-tech enterprises and creating "invisible champions" to form clusters of technological innovation, as highlighted by President Xi Jinping during his visit to XGIMI Technology [1][2]. Company Development - XGIMI Technology, through its subsidiary XGIMI Optoelectronics, has successfully transitioned from a leader in home projectors to a new player in the automotive sector, achieving significant milestones in just one year [3][4]. - The company has established a dedicated automotive division, investing several hundred million yuan to develop products that meet stringent automotive standards, which require higher reliability and extensive testing [5][6]. Product Innovation - XGIMI's automotive products are designed to withstand extreme temperature variations and vibrations, with rigorous testing protocols ensuring reliability [4][6]. - The company has developed a groundbreaking "segmented hovering screen" that allows for interactive features, transforming the traditional projection screen into a multifunctional information display [8]. Market Positioning - XGIMI has rapidly expanded its automotive project partnerships from one to eight in a short period, covering various components such as smart cockpits and intelligent lighting systems, attracting interest from both domestic and international automotive companies [6][9]. - The company has shifted its role from a mere supplier to a "scene definer," actively participating in the automotive industry chain and enhancing the technological capabilities of local component manufacturers [10][11]. Strategic Framework - XGIMI's success is attributed to a threefold strategy: leveraging local advantages, maintaining a strong focus on innovation, and fostering ecosystem collaboration to amplify industry value [10][11]. - The company maintains a research and development investment ratio of around 12%, significantly higher than the consumer electronics industry average of 5%, underscoring its commitment to innovation [11]. Regional Impact - The article highlights the emergence of the "New Chuan Business" spirit in Sichuan, characterized by a blend of local cultural traits and global competitiveness, as exemplified by XGIMI's achievements [12][13]. - Sichuan's supportive policies and infrastructure have facilitated the growth of enterprises like XGIMI, enabling them to thrive in a competitive landscape [13].