5月23日-25日，由中国乳制品工业协会主办的"中国乳制品工业协会第三十一次年会暨2025年中国乳业技术博览会"在江苏省南京市隆重召开。本次会议恰逢 中国乳制品工业协会成立三十周年。来自国家主管部委领导、南京市人民政府领导、国内外乳业专家、企业家、企业代表、国际乳品组织及驻华机构代表以 及十余家媒体记者齐聚一堂，围绕"创新引领消费 促进全民营养健康"大会主题，共商乳业高质量发展大计。 出席大会开幕式的有南京市政府副市长许峰、国家市场监管总局特食司二级巡视员陈健副司长、国家卫健委食品司标准处马宁处长、国家市场监管总局食品 生产经营司监管一处三级调研员陈刚副处长、国家风险评估中心主任李宁、纪委书记徐娇、中国轻工业联合会党委常委、副会长、中国乳制品工业协会理事 长刘江毅、中国乳制品工业协会原理事长宋昆冈、副理事长兼秘书长刘超、中国农业大学任发政教授、中国人民大学世界经济研究中心主任黄卫平教授、中 国农业大学教授、国家奶牛产业技术体系首席科学家李胜利，以及得益、伊利、蒙牛等乳企及产业链相关企业负责人。中国乳制品工业协会执行理事长刘美 菊主持了大会开幕式。 本次大会不仅是行业技术革新的风向标，更成为检验企业核心竞争力的 ...

Group 1 - The core focus of the event was the demonstration of humanoid robots and their potential applications in various scenarios, including education and urban management [1][2] - The development of autonomous driving technology is highlighted as a key area where AI can reshape the automotive industry and transportation methods, emphasizing the need for collaborative data collection to overcome data silos [2] - The integration of AI in government services is being explored, with initiatives like DeepSeek and AI civil servants aimed at enhancing efficiency in public administration [2] Group 2 - The concept of a "waste-free city" is being promoted through the use of satellite remote sensing and AI technologies, indicating a shift towards smarter urban management [3] - The impact of AI on education and healthcare is discussed, with concerns about AI challenging traditional roles and the need for a shift in educational approaches to foster critical thinking and innovation [3] - The importance of addressing challenges such as data silos and computational resource allocation is emphasized for deeper integration of AI into core business functions and government operations [2][3]

Core Insights - The A-share market is transitioning from a "stock economy" to a "new model," with a projected recovery in profit growth starting in Q1 2025, marking the end of a four-year downtrend [3] - Key drivers of this turnaround include low inventory levels triggering a replenishment cycle, companies operating with a leaner structure, and a recovery in the real estate sector boosting the property chain [3] - The return on equity (ROE) has significantly improved from its bottom, supported by a decrease in expense ratios that offsets operational pressures, alongside a rebound in asset turnover and leverage [3] Market Sentiment and Risks - Risk appetite peaked in Q4 2024 and is expected to shift from pessimism to optimism, driven by breakthroughs in AI research and high-end manufacturing, as well as strengthened industrial cluster advantages [4] - Concerns regarding U.S. tariff risks are deemed logically flawed and not a major long-term issue for the A-share market [5] Investment Strategy - The focus for industry allocation in the A-share market should be on identifying stocks with upward elasticity, particularly in sectors benefiting from AI-enabled manufacturing and the inventory cycle reversal [5] - The forum highlighted the importance of deep research capabilities as a key to success in active equity investment amidst market volatility and industrial transformation [5] - The company has demonstrated strong performance over 26 years, with a cumulative return of 953.86% for its active equity products over nearly two decades, positioning it among the industry leaders [5]

Core Viewpoint - The A-share market is undergoing a transformation from a "stock economy" to a "new model," with a positive profit growth expected in Q1 2025, marking the end of a four-year downward cycle [1] Group 1: Market Transition - The transition is characterized by a recovery in profit growth driven by low inventory levels across industries triggering a replenishment cycle [1] - Companies are entering this new phase with a leaner operational structure, which is expected to enhance profitability [1] - The recovery in the second-hand housing market is contributing to the restoration of the real estate chain [1] Group 2: Financial Metrics - The return on equity (ROE) has significantly increased from its previous low levels, indicating improved financial health for companies in the market [1]

Group 1 - Shanghai government issued a plan to boost consumption, focusing on meeting housing demand and constructing a new real estate development model that emphasizes safety, comfort, sustainability, and intelligence [1] - The plan includes expanding the scope of comprehensive renovations for old neighborhoods and increasing the supply of affordable rental housing, particularly for young people [1] - The government aims to support residents' rigid and improvement housing needs and implement favorable tax policies for the stable and healthy development of the real estate market [1] Group 2 - Chengdu's plan emphasizes improving housing consumption and controlling new real estate supply while implementing a "three-color management" system for housing land transfer [2] - The strategy aims to direct housing land supply towards key development areas, industrial clusters, and subway lines [2] Group 3 - Vanke signed a loan agreement with Shenzhen Metro Group for up to 4.2 billion yuan and has received the funds [3] - A supplementary agreement was made to pledge up to 6 billion yuan of Vanke's stock as collateral for the loan, with a pledge rate of 70% [3] - If the shareholders' meeting does not approve the stock pledge, Vanke will need to provide alternative guarantees or repay the loan in full [3] Group 4 - Shoukai Co. announced the resignation of director Jiang Xiangyu due to personal reasons, and he will no longer hold any position in the company [4] - Greenland Holdings announced the retirement of Zhang Yun, who stepped down from his roles as director and executive president upon reaching the legal retirement age [5]

上海市人民政府办公厅印发《上海市提振消费专项行动方案》。其中提到，更好满足住房消费需求。加 快构建房地产发展新模式，建设安全、舒适、绿色、智慧的"好房子"。扩大美丽家园综合修缮范围，滚 动推进老旧小区更新改造。扩大保障性租赁住房供给，重点向青年群体倾斜。支持居民刚性和改善性住 房需求，落实好促进房地产市场平稳健康发展有关税收政策。扩大住房公积金适用范围，探索优化住房 公积金使用政策，落实我市灵活就业人员缴存、提取和使用住房公积金的实施办法。 ...

在服务实体经济的征程中，灌云农商银行积极探索银企合作新模式。2025年4月28日，成功举办"银商携 手 共创未来"天能电池行业金融业务交流会，通过党建引领、精准施策、全流程服务，实现银企合作深 度融合。 党建赋能，搭建银企"红色桥梁" 以党建为纽带，将活动阵地嵌入"振兴党支部党建室"，以"党建+业务"双轮驱动，在红色阵地召开行业 对接会，打破传统银企对接模式，以党建氛围拉动企业品牌提升，为后续洽谈营造了互信互敬的氛围， 实现党建与业务的同频共振。 精准画像，定制"全周期"金融方案。摒弃"产品堆砌"的传统推介模式，围绕天能电池产业链特点，打 造"分层+场景化"服务体系。 专属团队护航。振兴党支部成立"天能服务专班"，由辖区支行骨干组成，从贷款审批到资金发放全程跟 进，承诺"3个工作日内反馈审批结果、7个工作日内完成放款"，以效率赢信任。 动态回访机制。制定季度回访计划，跟踪资金使用效果，及时调整授信方案，同时挖掘存款、理财等综 合金融需求，如为"无需贷款"的客户推荐1天期、7天期灵活理财产品，现场指导手机银行操作，实现 从"融资服务"到"综合金融"的升级。 张静静 在上游总代理层面，以旺季备货贷的形式，针对其季 ...

多手段探访。各镇民政服务站专业工作人员定期对分散供养特困人员进行探访，"询问、查看、核实、 关爱"四同步及时开展关爱服务。利用"千里眼云眼卫士"高清视频对话系统，在极端天气期间，通过加 大探视照料频次，有效保障分散供养特困人员生命财产安全。根据分散供养服务对象身体状况、自理能 力、生活环境，细分红色、黄色、绿色分类服务，确定每周视频和上门服务频次，确保服务更精准。 全指标监控。坚持考核激励、服务促进、管理有效原则，健全项目服务监管与考核机制，落实镇（街 道）属地管理责任，明确综合照料服务内容、特困人员服务满意度、资金使用绩效等监管考核指标，促 进照料服务项目规范化、专业化、标准化运营，有效提升分散供养特困人员照料服务工作质效。（吴东 琳、沈钰倩、姜存义） 中国发展网讯 江苏省如皋市持续推进"皋心助"服务品牌建设，致力于特困人员"时刻有人关心，平时有 人照应，生病有人看护"，强化项目化、专业化服务供给，构建特困人员照料服务新模式。 全方位照料。为使照料服务更有针对性，全面调研分析分散供养特困人员特征特质，对标照料服务工作 要求，全面完善照料服务内容。为全市分散供养特困对象家庭安装远程视频会话系统，全面提供上门探 ...

21世纪经济报道记者李莎 北京报道 "总的来看，在各项促进房地产市场止跌回稳政策作用下，4月份房地产市场基本稳定。"5月 19日，在国新办新闻发布会上，国家统计局新闻发言人、国民经济综合统计司司长付凌晖在回应21世纪经济报道记者提问时表 示。 5月19日，国家统计局发布4月房地产数据。当月70个大中城市中，一、二线城市新建商品住宅销售价格环比持平，三线城市略 有下降。各线城市二手住宅销售价格环比均有不同程度回调。但同比来看，一、二、三线城市商品住宅销售价格降幅均持续收 窄。 4月受季节性因素等影响，市场销售有所转淡，但前4月新房市场整体基本平稳。1—4月新建商品房销售面积同比下降2.8%，降 幅比1—3月收窄0.2个百分点，销售额同比下降3.2%。截止到4月末，商品房待售面积已连续两个月减少。 付凌晖表示，未来居民对绿色、智能、安全的好房子需求不断扩大，老旧小区改造升级、房地产建设提质增效前景广阔。但也 要看到，当前房地产市场总体仍在调整转型过程中，刚性和改善性需求仍待进一步释放，部分地区房地产去化压力较大，促进 房地产回稳仍需要继续努力。 市场热度有所回落 国家统计局数据显示，4月70个大中城市中，各线城市 ...

另外，记者梳理发现，房价环比上涨的城市数量较3月减少。4月份，70城中，新房价格环比上涨的城市 数量由24个减少至22个，下降城市为45个；二手房价格环比上涨的城市数量由3月份的10个减少至5个， 下降城市为64个。 "房价涨跌和波动是市场常态。"上海易居房地产研究院副院长严跃进表示，鉴于房地产市场的交易指标 已连续回升回稳超过6个月，所以下一步在挖掘潜在市场需求、持续巩固既有向好态势方面还需要持续 发力，既要发挥好既有的政策效应，同时也要在增量政策储备方面持续发力。 房地产库存和新开工有所改善 数据显示，1至4月份，全国房地产开发投资同比下降10.3%，降幅较一季度末扩大0.4个百分点。对此， 广开首席产业研究院资深研究员马泓表示，长期工程建设放缓系拖累投资下跌的主要因素。季节性因素 可能是影响4月房价回落的主要因素，但以上海为主要城市的房产交易依旧延续了去年四季度以来的恢 复态势。中信证券首席经济学家明明表示，4月商品房销售面积和销售额同比下降且降幅均有所扩大， 房地产开发投资降幅也进一步扩大。市场需求偏弱、项目开工放缓对房地产开发投资的拖累依然明显。 去年四季度以来，有关部门和各地出台了多项稳楼市政策， ...