新华社权威速览 -- 2025年中央经济工作会议 1层 明年经济工作 中央经济工作会议12月10日至11日在 北京举行。习近平总书记出席会议并发表 重要讲话,总结2025年经济工作,分析当 前经济形势,部署2026年经济工作。 "十四五"即将圆满收官 今年是很不平凡的一年。以习近平 同志为核心的党中央团结带领全党全 国各族人民迎难而上、奋力拼搏,坚 定不移贯彻新发展理念、推动高质量 发展,统筹国内国际两个大局,实施 更加积极有为的宏观政策,经济社会 发展主要目标将顺利完成。我国经济 顶压前行、向新向优发展,现代化产 业体系建设持续推进,改革开放迈出 新步伐,重点领域风险化解取得积极 进展,民生保障更加有力。过去5年, 我们有效应对各种冲击挑战,推动党 和国家事业取得新的重大成就,"十 四五"即将圆满收官,第二个百年奋 斗目标新征程实现良好开局。 做好新形势下经济工作 新的认识和体会 必须充分挖掘经济潜能 必须坚持政策支持和改革创新 并举 必须做到既"放得活"又"管 得好" 必须坚持投资于物和投资于人 紧密结合 必须以苦练内功来应对外部挑战 明年经济工作的 总体要求 要以习近平新时代中国特色社会 主义思想为指导 ...

文 | 央视新闻 中央经济工作会议在北京举行 习近平发表重要讲话 李强作总结讲话 赵乐际王沪宁蔡奇丁薛祥李希出席会议 中央经济工作会议12月10日至11日在北京举行。中共中央总书记、国家主席、中央军委主席习近 平出席会议并发表重要讲话。中共中央政治局常委李强、赵乐际、王沪宁、蔡奇、丁薛祥、李希出 席会议。 习近平在重要讲话中总结2025年经济工作，分析当前经济形势，部署2026年经济工作。李强作总 结讲话，对贯彻落实习近平总书记重要讲话精神、做好明年经济工作提出要求。 会议指出，今年是很不平凡的一年。以习近平同志为核心的党中央团结带领全党全国各族人民迎难 而上、奋力拼搏，坚定不移贯彻新发展理念、推动高质量发展，统筹国内国际两个大局，实施更加 积极有为的宏观政策，经济社会发展主要目标将顺利完成。我国经济顶压前行、向新向优发展，现 代化产业体系建设持续推进，改革开放迈出新步伐，重点领域风险化解取得积极进展，民生保障更 加有力。过去5年，我们有效应对各种冲击挑战，推动党和国家事业取得新的重大成就，"十四 五"即将圆满收官，第二个百年奋斗目标新征程实现良好开局。 会议认为，通过实践，我们对做好新形势下经济工作又有了新 ...

Group 1 - The core viewpoint of the Central Economic Work Conference emphasizes a positive policy orientation, focusing on "stability while seeking progress" and "quality improvement and efficiency enhancement" [1][2] - The conference highlights the importance of stabilizing employment, enterprises, markets, and expectations, introducing new expressions such as "flexible and efficient" monetary policy tools [1][2] - The meeting indicates that macroeconomic policies will be more proactive and effective to achieve "qualitative improvement and reasonable growth" [2][3] Group 2 - The conference stresses "quality improvement and efficiency enhancement," repeatedly mentioning high-quality development across various sectors [3][4] - It aims to integrate traditional and innovative policy tools to promote high-quality economic growth while maintaining reasonable growth rates [3][5] - The focus on high-quality development reflects a higher demand for development quality and efficiency, especially as 2026 marks the beginning of the 14th Five-Year Plan [3][4] Group 3 - The meeting prioritizes "domestic demand" as the main driver for economic growth, indicating a shift towards relying more on domestic consumption [4][5] - This approach is in response to the anticipated decline in export growth due to external factors, such as high tariffs from the U.S. [4][5] - The conference plans to expand the supply of quality consumer goods and services, fostering new consumption growth points [4][5] Group 4 - The conference reiterates the commitment to a proactive fiscal policy and moderately loose monetary policy, emphasizing policy coordination [5][6] - It highlights the need for comprehensive use of fiscal, monetary, industrial, and employment policies to enhance economic support [6][7] - The focus is on maintaining necessary fiscal deficits while addressing local fiscal difficulties and ensuring stable monetary policy [6][7] Group 5 - The meeting emphasizes the importance of innovation-driven growth and the cultivation of new economic drivers [7][8] - It includes plans for developing a comprehensive education and technology talent development strategy and establishing international technology innovation centers [7][8] - The shift from "project-driven" to "systematic construction" in technology policy aims to improve the sustainability of technology investments [7][8] Group 6 - The conference signals support for the real estate market, focusing on stabilizing the market and addressing risks in key areas [8][9] - It encourages policies to stabilize the real estate market and improve financing channels for affordable housing [8][9] - The emphasis on resolving local government financing platform debt risks indicates a shift in focus towards managing operational debt [8][9] Group 7 - The meeting underscores the importance of maintaining openness to foreign trade and investment, balancing domestic and international priorities [9][10] - It aims to enhance the quality of foreign trade and expand bilateral investment cooperation [9][10] - The strategy includes high-quality development of the Belt and Road Initiative, reflecting a proactive approach to international economic engagement [9][10]

来源：中国经济传媒协会 2025年12月11日下午，中国经济传媒协会在北京歌华开元大酒店召开八届二次理事会议。 责任编辑：何俊熹 来源：中国经济传媒协会 2025年12月11日下午，中国经济传媒协会在北京歌华开元大酒店召开八届二次理事会议。 会议由会长赵健主持。出席会议的全体理事审议并通过了四项议案，包括《协会2025年工作情况和2026 年工作计划》《关于增补、变更常务理事和理事代表备案报告》《协会2025年度财务决算情况和2026年 财务预算计划》《中国经济传媒协会会计核算制度》。 会议由会长赵健主持。出席会议的全体理事审议并通过了四项议案，包括《协会2025年工作情况和2026 年工作计划》《关于增补、变更常务理事和理事代表备案报告》《协会2025年度财务决算情况和2026年 财务预算计划》《中国经济传媒协会会计核算制度》。 会议认为，在过去的一年里，中国经济传媒协会在中社部的统一领导和中国记协的行业管理下，在全体 会员单位的积极支持下，认真学习贯彻党的二十届四中全会精神和"十五五"规划《建议》，以党建引领 业务发展，围绕"四个服务"整合经济媒体联动传播资源，塑造经济宣传主流舆论新格局。一是强化政治 意 ...

Core Points - Guangdong Province has recognized 40 collectives and 80 individuals for their contributions to rural revitalization efforts, marking the first such commendation in the province [2][4][12] - The recognition aims to establish benchmarks for effective rural support and to encourage further efforts in the sector [5][21] Group 1: Recognition and Awards - The "Advanced Collective" title was awarded to 40 groups, including the work team from Naxing Town in Leizhou City [2][3] - 80 individuals received the "Advanced Individual" title for their roles in supporting rural revitalization [3][12] - The awards were jointly issued by the Provincial Human Resources and Social Security Department and the Provincial Agricultural and Rural Affairs Department [4][7] Group 2: Implementation and Impact - Since the establishment of the rural revitalization support mechanism in 2021, various teams have implemented policies based on Xi Jinping's important speeches regarding agriculture [6][7] - The work teams focus on integrating resources such as talent, technology, and funding to stimulate rural development and ensure the sustainability of poverty alleviation efforts [10][11] - The average disposable income of poverty-stricken households in Guangdong has continued to grow, maintaining a stable poverty alleviation status [11][12] Group 3: Future Directions - The year 2025 is highlighted as a critical point for transitioning from poverty alleviation to normalized support for rural revitalization [18][19] - The recognition of advanced collectives and individuals serves as a motivational force for ongoing efforts in rural development and modernization [20][21] - The initiative aims to foster a collaborative spirit among various stakeholders to enhance the quality of life in rural areas [22][25]

Core Viewpoint - The Central Economic Work Conference emphasizes the need for proactive macroeconomic policies to enhance economic stability and growth, focusing on expanding domestic demand and optimizing supply [1][2][3]. Economic Growth and Challenges - China's economy is projected to achieve a growth target of around 5% for the year, despite facing challenges such as weak domestic demand and external pressures [2][3]. - In the first 11 months, exports increased by 6.2% year-on-year, supported by a robust industrial and supply chain [2]. - Industrial output grew by 6.1%, while service sector production rose by 5.7%, indicating strong supply-side performance [2]. Policy Measures - The conference outlines eight key tasks for 2026, including prioritizing domestic demand and fostering innovation-driven growth [1][3]. - Fiscal policy will see an increase in the deficit rate from 3% in 2024 to 4% in 2025, with enhanced funding for local special bonds and long-term treasury bonds [5][6]. - Monetary policy will remain accommodative, focusing on stabilizing growth and ensuring reasonable price recovery [6][8]. Investment and Consumption - The government plans to boost investment by increasing central budget investments and optimizing the use of local government bonds [9][10]. - The "Two New" policies, aimed at upgrading equipment and promoting consumption, will continue to be implemented, with significant funding allocated to support these initiatives [9][10]. - Despite strong growth in certain consumer goods, overall consumption growth remains low, necessitating further measures to unlock consumer potential [10]. Real Estate Market - The conference stresses the importance of stabilizing the real estate market, with policies aimed at controlling inventory and encouraging the purchase of existing homes for affordable housing [15][16]. - Measures will include easing purchase restrictions and providing financial support to boost housing demand [16]. Debt Management - Addressing local government debt remains a priority, with a focus on proactive debt resolution strategies and optimizing debt restructuring methods [17][18]. - The government has allocated significant resources to clear overdue payments to enterprises, enhancing cash flow and financial stability [13][17].

Core Insights - The Central Economic Work Conference emphasized the need for proactive macroeconomic policies to enhance economic growth and stability in 2026, focusing on expanding domestic demand and optimizing supply [1][2][3] Economic Growth and Challenges - China's economy is projected to achieve a growth target of around 5% for 2025, despite facing challenges such as weak domestic demand and external pressures [2][3] - From January to November, exports increased by 6.2% year-on-year, while industrial output grew by 6.1% and service sector output by 5.7%, indicating resilience in the economy [2] - However, retail sales only grew by 4.3%, and fixed asset investment declined by 1.7%, highlighting a "strong supply, weak demand" scenario [2] Policy Measures - The conference outlined eight key tasks for 2026, including prioritizing domestic demand and fostering innovation-driven growth [1] - Fiscal policy will see an increase in the deficit rate from 3% in 2024 to 4% in 2025, with a focus on maintaining necessary fiscal spending and optimizing tax incentives [7][8] - Monetary policy will remain moderately loose, with expectations for further interest rate cuts to support economic stability and growth [9] Investment and Consumption - The government plans to enhance investment in key areas, including infrastructure and technology, with a focus on revitalizing private investment [10][12] - The "Two New" policies, aimed at upgrading equipment and promoting consumption, will continue to be implemented, with significant funds allocated to support these initiatives [10][12] Real Estate Market - The conference stressed the importance of stabilizing the real estate market, with measures to control inventory and encourage the purchase of existing homes for affordable housing [16][17] - Policies will likely include easing purchase restrictions and providing financial support to boost housing demand [17] Debt Management - The government will continue to address local government debt risks, with a focus on proactive debt management and restructuring [18] - As of November, local governments had issued approximately 3.5 trillion yuan in various debt instruments to manage debt, exceeding initial targets [17][18]

Core Points - The Central Economic Work Conference was held on December 10-11, 2023, in Beijing, with General Secretary Xi Jinping delivering an important speech [2] - The conference serves as a platform to elaborate and practice Xi Jinping's economic thought, which was first introduced in the 2017 conference [2][3] - The conference emphasized the need for continuous deepening of understanding regarding economic work to provide fundamental guidelines for high-quality development [3] Group 1: Five Musts - Must fully tap into economic potential [6] - Must combine policy support with reform and innovation [6] - Must ensure both "flexibility" and "effective management" [6] - Must integrate investment in physical assets with investment in human capital [6] - Must strengthen internal capabilities to face external challenges [6] Group 2: Systematic Understanding - The conference highlighted the importance of centralized and unified leadership from the Party as a fundamental guarantee for effective economic work [7] - It stressed the need to balance effective markets with proactive government intervention [8] - The relationship between total supply and total demand must be well-coordinated [8] - New and old driving forces for economic growth should be cultivated and updated in a balanced manner [8] - The quality of economic output must be enhanced while also increasing overall volume [8]

Core Viewpoint - The Central Economic Work Conference has outlined key economic tasks for 2026, providing clear guidance for CIMC Group's (000039) development [1] Group 1: Domestic Market and Innovation - CIMC Group's logistics and energy equipment advantages align with the demand for products and services in urban renewal and new infrastructure construction [1] - The conference's emphasis on addressing "involution" competition creates a more favorable market environment for CIMC Group to rely on innovation and pursue quality and efficiency [1] - The company aims to focus on technological innovation and high-quality development, particularly in high-end marine engineering equipment, transitioning from "price wars" to "value wars" [1] Group 2: International Expansion and Strategic Planning - The conference's commitment to "opening up" supports CIMC Group's international business expansion through the Belt and Road Initiative [1] - The company is increasing its presence in Southeast Asia and the Middle East, leveraging global energy transition and digital upgrades to promote its solutions in international markets [1] - CIMC Group has successfully delivered several benchmark projects in Southeast Asia, particularly in data center construction and high-end marine engineering equipment [1] Group 3: Green Transformation and New Energy - The conference's focus on cultivating new momentum and adhering to "dual carbon" goals aligns with CIMC Group's new five-year strategic plan, aiding its innovation and green transformation in cold chain equipment, modular buildings, and clean energy [2] - CIMC Group's clean energy business encompasses green methanol, hydrogen, and energy storage, establishing a collaborative framework across the clean energy industry chain [2] - Notable projects include a 50,000 tons/year bio-green methanol demonstration plant in Zhanjiang and a joint hydrogen production project with Ansteel, which is expected to reduce carbon emissions by 470,000 tons annually [2] - CIMC Group has shipped over 60 GWh of energy storage equipment globally, securing a significant position in the industry [2]

（编辑 任世碧） 证券日报网讯 12月11日，中国交建在互动平台回答投资者提问时表示，对于未来发展，公司将以"高质 量发展"为核心，短期聚焦订单转化与现金流优化，中长期依托新质生产力培育、海外拓展，推动业绩 稳步增长。 ...