（编辑 袁冠琳） 证券日报网讯 12月1日，东华软件在互动平台回答投资者提问时表示，东华软件自2014年响应海南省政 府号召布局琼岛，先后成立儋州海南东华软件、三亚东华云信等多家子公司及分公司。公司业务涵盖金 融投资、智能制造、云计算等领域，形成完整产业链与战略协同效应。重点打造总投资4.5亿元的儋州 东华智能制造产业园，2025年7月首台国产化电脑下线，首期信创产线年产能8万套。同时参与建设南海 云都云计算中心、三亚市政务云数据中心等项目，为海南数字经济建设与产业升级提供有力支撑。 ...

Group 1 - The core objective of the recent skills competitions in Guangdong is to enhance talent supply to support the development of regional industries, particularly in low-altitude economy and marine sectors [1][2][6] - The Guangdong provincial government has launched a comprehensive plan for 101 vocational skills competitions, aiming to align competition projects with industry needs and promote modern industrial system construction [2][6][7] - The competitions have attracted over 400 skilled talents, focusing on regional specialties such as drones, marine economy, and coffee, indicating a strategic move towards talent cultivation in key industries [1][6][10] Group 2 - The marine economy skills competition highlighted the importance of technical skills in marine oil and gas equipment maintenance, with a significant contribution of 973.8 billion yuan to the province's marine industry [5][10] - The drone skills competition introduced new professional tracks such as precision logistics and emergency response, directly addressing the core applications of the low-altitude economy [6][11] - The ongoing talent strategy transformation in Guangdong is driven by rapid changes in industry demands, emphasizing the need for skilled workers in automation, smart logistics, and other emerging fields [10][11] Group 3 - Guangdong has maintained its position as China's most populous province, with a population of 127.8 million, which is crucial for sustaining its economic growth and talent pool [8][10] - The province's focus on talent development is evident in its "Million Talents Gathering in South Guangdong" initiative and the extensive skills competition plan, aiming to leverage the demographic advantage for industrial upgrades [2][8][11] - Educational institutions are adapting their curricula to incorporate competition standards, fostering a talent training model that integrates practical training with industry needs [11]

Group 1 - Foreign institutions are increasingly optimistic about Chinese stocks, projecting A-share profit growth to rise from 6% this year to 8% in 2026 [1][3] - Morgan Stanley has noted that with moderate profit growth and stable valuations, Chinese stocks have room for upward movement in the global tech competition [1][7] - International Financial Association reported that foreign capital inflow into the Chinese stock market reached $50.6 billion in the first ten months of 2025, significantly surpassing the $11.4 billion for the entire year of 2024 [1][6] Group 2 - UBS analyst Meng Lei highlighted that factors such as macro policy support, profit recovery, and long-term capital inflows will drive A-share valuations higher [3][4] - Key investment themes for 2026 include technological self-reliance, consumer spending, and the ongoing "anti-involution" trend [4] - Morgan Stanley raised its target for the CSI 300 index to 4,840 points for December 2026, indicating a positive outlook for high-quality internet and tech stocks [7]

外资持续"做多"中国资产。 站在当前时点，多家外资机构对中国股票2026年的展望愈发乐观。12月1日，瑞银证券中国股票策略分析师孟 磊表示，2026年A股市场料更上一层楼，全部A股盈利增速有望从今年的6%进一步升至8%。 在此之前，摩根士丹利也指出，在盈利温和增长、估值在更高水平上企稳的背景下，中国在全球科技竞赛中站 稳脚跟，相关指数整体仍具备相对温和的上行空间。摩根大通则将中国股票评级上调为"超配"。 从资金流向来看， 国际金融协会 数据显示，2025年前10个月，境外资金流入中国股市规模达506亿美元，这一 数字已远超2024年全年的114亿美元。另据申万宏源策略的最新数据，截止到2025年11月26日，过去一周来 看，内资和外资均大幅流入中国股市。 外资巨头最新发声 资金爆买 12月1日，瑞银证券中国股票策略分析师孟磊发表中国股票策略观点，认为2026年全部A股盈利增速有望从今 年的6%进一步升至8%。 孟磊预计，由于 名义GDP 增速提升和PPI跌幅收窄推升企业营收增速，且支持政策的推出以及"反内卷"的推进 带动利润率复苏，2026年全部A股盈利增速有望从今年的6%进一步升至8%。 孟磊称，中期来看， ...

人民财讯12月1日电，据浙江发布，1日上午，浙江省委常委会召开会议，会议强调，要完善网络生态治 理长效机制，健全网络综合治理格局，壮大网上主流价值、主流舆论、主流文化，抢抓人工智能发展浪 潮，发挥数字经济、平台经济优势作用，推动网信领域新技术发展，促进研发成果转化和应用场景落 地，持续提升管网治网用网能力，持续巩固向上向善、清朗有序的网络环境，为高质量发展建设共同富 裕示范区提供良好发展环境、可靠安全保障，为推动构建网络空间命运共同体贡献更多浙江力量。 ...

Core Insights - Southeast Asian exporters are increasing prices for goods exported to the U.S., transferring some cost pressures to American consumers [1] - The U.N. Development Programme predicts a potential 9.7% decline in Southeast Asia's total exports to the U.S. due to tariff-induced price increases [1] - Despite U.S. tariff pressures, Southeast Asian economies are showing resilience, with many countries diversifying their markets away from the U.S. [1][4] Trade Agreements and Economic Cooperation - The signing of the upgraded China-ASEAN Free Trade Area 3.0 agreement is expected to enhance cooperation in emerging fields, particularly in the digital economy [2] - Southeast Asian countries are seeking to diversify their exports and move from low-tech manufacturing to higher value-added sectors, leveraging China's technological expertise [2][6] Market Dynamics and Export Trends - The U.S. tariff policy is expected to create competitive pressures within Asian economies, leading to potential "hidden reforms" as countries strive to enhance competitiveness [3][4] - Vietnam may experience a significant potential decline of 19.2% in exports to the U.S., which is double the average decline expected for Southeast Asia [3] Regional Economic Integration - The CAFTA 3.0 upgrade is anticipated to facilitate supply chain upgrades and enhance regional economic integration, focusing on high-tech manufacturing [6] - The internal consumption in Asian countries is expected to grow, leading to increased intra-regional trade, particularly in intermediate products [5] Monetary Policy and Economic Outlook - Southeast Asian central banks may gain more policy flexibility as U.S. interest rates decline, allowing them to focus on domestic economic factors [7] - Countries like Thailand may face unique challenges, including potential deflationary risks, while most Southeast Asian nations maintain positive inflation rates [8] Stock Market Performance and Investment Climate - Southeast Asian stock markets are struggling to attract foreign investment, partly due to a lack of AI-related themes and concerns over export slowdowns [9][10] - Structural reforms in the region aim to enhance market liquidity and transparency, potentially improving the attractiveness of Southeast Asian markets for foreign investors [11] Economic Resilience and Future Prospects - Despite challenges, Southeast Asian economies are expected to demonstrate resilience, with a focus on technology-driven growth and structural reforms [13] - Malaysia is highlighted as a strong performer due to robust domestic demand and infrastructure investments, while Singapore continues to benefit from its tech sector [10][11]

Core Insights - The cooperation between China and the United States in the service outsourcing sector presents significant potential despite global changes [1][2] - The partnership has evolved from a cost-driven model to a technology-driven one, with both countries benefiting from mutual strengths [2][4] Group 1: Historical Context and Growth - The service outsourcing industry in China began primarily through offshore outsourcing models established by American multinational companies [2] - Since the establishment of China's service outsourcing statistical survey system in 2009, the execution value of offshore service outsourcing between China and the U.S. has grown from $2.81 billion to $31.59 billion by 2024, a 10.2-fold increase [2] - In the first three quarters of 2025, the execution value of China's offshore service outsourcing from the U.S. reached $20.28 billion, reflecting a 4.7% increase compared to the same period in 2024 [2] Group 2: Current Cooperation Dynamics - The cooperation has faced challenges such as trade friction and geopolitical tensions, yet the fundamental drivers of mutual complementarity and innovation remain unchanged [2][4] - In 2023 and 2024, the execution value of China's offshore service outsourcing from the U.S. is expected to grow by 8.4% and 1.4% respectively, indicating the irreversibility of the partnership [2] Group 3: Future Prospects - The collaboration is transitioning towards a new phase centered on digital technology services, with opportunities for deeper cooperation in AI and renewable energy technology [5][6] - The potential for breakthroughs in cross-border data flow mechanisms could further enhance the development of digital service outsourcing [5] - The relationship is characterized as a field for technological symbiosis and market co-prosperity, emphasizing the need for flexible collaboration models to navigate uncertainties [6]

Core Insights - The 2025 China Digital Economy Innovation Development Conference opened in Shantou on November 28, featuring the signing of 36 projects with a total investment of 16.3 billion yuan [1] Group 1: Conference Overview - The conference theme is "Connecting Digital and Overseas Chinese, Smart Future" and includes an opening ceremony, nine thematic activities, and a digital economy industry exhibition [1] - The event gathers top experts, industry leaders, government officials, and overseas Chinese business elites to explore innovative development paths for the digital economy driven by cross-border services [1] Group 2: Project Highlights - The conference released the "China Digital Economy Industry Development Report (2025)" and launched several initiatives, including "Cross-border Empowerment, Industry Upgrading in Guangdong," "Data Processing Launch Action," and the establishment of an international AI open-source community [1] - Key projects initiated include the construction of a critical node for green computing power in the Asia-Pacific region and the establishment of a digital Silk Road AI training base [1] Group 3: Regional Development - Shantou has been actively working to establish itself as the "Digital Economy First City" in the region, exploring a demonstration path from efficient data circulation to industrial innovation development [1] - The China Digital Economy Innovation Development Conference has been held in Shantou for four consecutive years since 2022, with over 100 projects signed and a total investment of approximately 80 billion yuan [1]

近日，《中共北京市委关于制定北京市国民经济和社会发展第十五个五年规划的建议》（以下简称《建 议》）正式发布，为未来五年首都北京发展擘画了蓝图。 同时，对"深化教育科技人才一体发展""打造全球数字经济标杆城市""发展壮大高精尖产业"等战略任务 的统筹布局，彰显了以新质生产力驱动高质量发展的核心逻辑。对全方位扩大内需的战略安排，不仅强 调消费的最终需求作用，更注重与供给侧结构性改革的动态平衡，通过提升供给质量激发消费潜能，形 成需求牵引供给、供给创造需求的高水平经济循环。 我认为这些都是值得重点关注的内容。 对于首都未来五年发展，《建议》中有哪些新提法新亮点，该如何进行解读？就此，新京报专访清华大 学国家金融研究院院长田轩。作为学界专家，田轩此前曾就《建议》讨论稿提出了相关意见和工作建 议。 体现出强烈的前瞻性与系统性 新京报：《中共北京市委关于制定北京市国民经济和社会发展第十五个五年规划的建议》已正式发布。 你对该建议总体上有哪些感受？最关注哪些内容？ 田轩：《建议》紧扣首都城市战略定位，突出高质量发展主题，体现出强烈的前瞻性与系统性。我尤为 关注"深入落实首都城市战略定位""纵深推进京津冀协同发展""大力发展 ...

姑苏城外，科创潮涌。12月2日下午，"产业向新 智创苏州——2025年苏州上市公司投资者集体接待 日"将如期而至，为全球投资者开启一场与苏州产业新力量的深度对话。 本次活动由苏州市地方金融管理局指导，苏州市上市公司协会主办，深圳市全景网络有限公司协办，东 吴证券股份有限公司、广发证券股份有限公司协办，活动旨在搭建上市公司与投资者之间的高效沟通平 台，进一步提升苏州上市公司的投资价值与发展质量。 "苏州板块"业绩亮眼，市值营收双增长 在数字经济与科技创新深度融合的背景下，活动特别设置数字人播报环节，以智能化方式呈现苏州上市 公司经营亮点。此外，交易所专家与券商分析师将围绕资本市场政策、行业趋势等主题进行分享，为投 资者提供专业参考。 随着全面注册制改革的深入推进，提高上市公司质量和投资者关系管理日益重要。苏州通过举办此类活 动，不仅有助于增强市场对"苏州板块"的认知与信心，也为上市公司倾听投资者声音、优化治理结构提 供了重要契机。在产业向新、智创发展的道路上，苏州上市公司正以扎实的业绩与开放的姿态，迎接更 广阔的发展空间。 今年以来，苏州上市公司交出了一份令人瞩目的"成绩单"。截至2025年11月30日，苏州境 ...