"十五五"规划建议明确提出，要将"扩大内需"与"投资于人"紧密结合，推动经济社会发展向高质量转 型。 近日，《人民日报》旗下"人民财评"发文强调，"投资于人"激活"第一资源"，只有夯实人力资本这 一"最可贵的财富"，才能真正激活内需潜力、筑牢高质量发展根基。 佩信集团深刻认识到："投资于人"不仅是宏观政策导向，更是企业穿越周期、赢得未来的核心战略。面 对"十五五"期间从人口红利向人才红利加速转型的关键窗口，佩信正通过系统性实践，将这一国家蓝图 转化为可执行、可衡量、可持续的解决方案——以专业智能运营为纽带，从人才、教育、科技三大维 度，赋能政府、产业与企业，助力实现人才与组织的协同进化。 当前劳动力市场长期存在"有活没人干"与"有人没活干"并存的结构性矛盾。其根源在于传统人力资源模 式重使用、轻发展，难以匹配快速变化的业务需求与个体成长诉求。 佩信集团提出：人才不是成本中心，而是可经营、可增值的战略资产。 智能运营：PAAI平台赋能人才全面发展 "投资于人"不仅需要理念与机制，更需要技术作为支撑。佩信集团正在建设的 PAAI(Passion AI for All Intelligence)智能平台，正是以科技 ...

（原标题：2026年政策密码） 岁末年初，国家发展改革委、财政部、住房和城乡建设部等多部委密集召开年度工作会议，为2026年发展布局。从扩大内需到动能重构；从整治 行业"内卷"，到稳定房地产市场，政策释放出一系列信号。 2026年，政策有哪些关键词？这些"关键词"又将如何影响中国人的生意和生活？ 关键词：培育壮大新动能 2025年底召开的中央经济工作会议，部署了2026年经济工作的重点任务，其中之一就是"坚持创新驱动，加紧培育壮大新动能"。 国家发展改革委和财政部的工作会议也均提及了"培育发展新动能"。全国发展和改革工作会议提出，要"大力培育壮大新兴产业和未来产业，培育 壮大若干新兴支柱产业，深化拓展'人工智能+'行动，补齐科技服务业短板，完善低空经济产业生态，深入推进数字经济高质量发展。" 全国财政工作会议表示，要"支持科技创新和产业创新深度融合，加快培育壮大新动能。进一步增加财政科技投入，完善财政科技经费管理，强化 企业科技创新主体地位" 从上述部委表述来看，培育壮大新动能的重点是：以科技创新为产业创新提供内生动力，以产业创新为科技创新创造应用价值。从产业来看，未 来将以人工智能、数字经济为抓手，着重在6 ...

一代人有一代人的年味，一代人有一代人的幸福。年味，变的是过年的形式与载体，不变的是刻在骨子 里的团圆初心，是流淌在血脉中的亲情温暖，更是对美好生活的永恒追求。 春节期间，有人举家出游，在山水间开阔眼界，把旅途变成亲子课堂；有人卸下疲惫，在陪伴家人中享 受慢生活；有人走进博物馆、文化馆，在非遗体验、书画展览中感受传统文化魅力；有人将父母接到大 城市"反向团圆"，让他们解锁了人生第一次飞行……越来越多的人挣脱应酬束缚，放下物质攀比焦虑， 遵从内心感受，用自己喜欢的方式，度过一个真正属于自己的春节。 丰富的过年选择，不仅反映了人们生活水平的提升，也在宏观层面折射发展理念的深刻跃升——从过去 侧重投资于物，夯实物质基础，到如今投资于物与投资于人紧密结合，聚焦人的全面发展。今年春节， 全国各地统筹安排20.5亿元资金，通过发放消费券、补贴等形式惠及消费者；增强消费品供需适配性等 一系列长期政策显效，消费新场景惊喜不断……国家政策持续发力，为新潮年味提供了坚实支撑，让投 资于人绵绵不断地转化为民生福利与市场活力。 科技的融入，则让这份年味有了新的时代印记。今年春节，人工智能进一步走进寻常百姓家。公园里， 小朋友同人形机器 ...

阅读须知：本文内容所有信息和数据，均为作者查阅官方信息和网络已知数据整合解析，旨 在让读者更清晰了解相应信息，如有数据错误或观点有误，请文明评论，作者积极改正！ （创作不易，一篇文章需要作者查阅多方资料，整合分析、总结，望大家理解） 郎咸平这次的判断，我认为抓住了一个关键矛盾，而且是普通人绕不开的那种。 2026年不是经济崩塌的起点，而是普通人旧路径彻底失效的年份。 如果你还在等"回到以前那种好赚钱的日子"，那大概率会等错方向。 2025年中国GDP突破140万亿元，同比增长5%，出口同样亮眼，全年货物出口额26.99万亿元，同比增 长6.1%，贸易顺差再创新高。 从任何教科书角度看，这都是一份漂亮的成绩单，但为什么宏观这么好，微观却这么冷？ 郎咸平点破了第一层逻辑，增长还在，但"发生地"变了。 过去二十年，中国靠房地产、基建、传统制造拉动增长，这些行业有一个共同点，劳动密集。GDP一 涨，就业就涨，收入自然跟着走。 很多人问2026年是不是中国经济真正的拐点？ 这不是一个"感觉问题"，而是一个已经写进数据里的现实。 第三层矛盾是情绪层面的，也是最危险的：信心塌陷正在形成负循环。 而现在拉动增长的是新能源、芯 ...

编者按：当"春节不打烊"成为营销口号，当"加班赶工"挤进团圆饭的时间，我们或许该停下 来想一想：节日，到底意味着什么？ 在高质量发展，"投资于人"成为趋势的当下，如何理解休息的价值、家庭的意义与文化的传 承，已不仅是情感话题，更是制度议题、发展议题。 文章从社会再生产、反内卷与文化传承等多个维度，重新审视春节假期的制度意义，提醒我 们在追求效率与增长的同时，也要为人的修复、联结与成长留出空间。 慢下来，不是退步，而是为了走得更稳、更远。愿这个春节，大家都能慢下来、等等年。 应重视春节为代表的社会再生产场景 经济学家蒂姆・杰克逊（Tim Jackson）在《无增长的繁荣》中强调了繁荣并不等于物质财富的最大 化，而更应重视"做得好"、"活得好"，其中包括健康、家庭、友情、满足感、生活意义等非物质因素， 如果将不计代价的增长视为繁荣，对于个体和社会都可能带来事与愿违的后果。 南希・弗雷泽（Nancy Fraser）的社会再生产理论也强调了在西方资本主义世界普遍存在的矛盾，认为 创造商品与剩余价值的市场性、有偿"生产"，同时依赖和破坏广泛意义上的"社会再生产"，"生 产"与"社会再生产"存在边界争夺，在现实中的主要表 ...

Core Viewpoint - The article discusses the current economic transition in China, highlighting the balance between economic resilience and challenges such as domestic demand, real estate market adjustments, and bank net interest margins [2][3]. Group 1: Economic Policy and Coordination - The 2025 Central Economic Work Conference emphasizes the need for policy support and reform innovation, focusing on maximizing economic potential and ensuring effective coordination between fiscal and monetary policies [3]. - A "gradual reduction in reserve requirement and interest rates" is anticipated over the next two years, with a preference for reserve requirement cuts over interest rate reductions due to the current low net interest margins of commercial banks [5][6]. - The Chinese monetary policy framework differs from Western countries, as it relies more on reserve requirements rather than interest rates, allowing for significant room for reserve requirement cuts [7]. Group 2: Real Estate Market Stabilization - Recent policies aimed at stabilizing the real estate market have shown some effectiveness, with a narrowing decline in key indicators such as new housing sales and funding availability [10][11]. - The key to stabilizing expectations in the real estate market lies in improving liquidity and addressing employment and income expectations among residents [11][12]. Group 3: Investment in Human Capital - The article stresses the importance of investing in human capital to drive high-quality economic growth, advocating for increased fiscal spending on education, healthcare, and social services [13][14]. - The current financial structure in China, dominated by indirect financing through banks, needs to evolve towards a more direct financing model to better support innovation and new economic drivers [13]. Group 4: Consumer Demand Activation - Short-term fiscal measures, such as targeted transfer payments and consumption vouchers, are deemed more urgent and effective in boosting consumer spending compared to long-term tax reforms [16][17]. - Specific measures to guide demand towards service consumption in areas like elder care and childcare include government procurement and tax incentives for related services [18][19]. Group 5: Macro-Control Policies - The article suggests optimizing consumer subsidy policies and increasing support for service consumption in the aging population and childcare sectors to stimulate demand [21][22].

Core Viewpoint - The article emphasizes the importance of "investing in people" as a response to the rapid advancements in artificial intelligence (AI) and the need for individuals to find their place in a technology-driven world [1][2]. Group 1: Investment in People - Investing in people serves as a safety net, providing support for new parents, consumers upgrading their technology, patients accessing better healthcare options, and elderly individuals receiving community services [2]. - The concept of investing in people also aims to uplift individuals' dreams, as seen in the success stories of young entrepreneurs and the rise of innovative companies in the AI era [2]. Group 2: Cultural and Philosophical Foundations - The article highlights the philosophical underpinnings of investing in people, referencing historical figures like Confucius and Protagoras, emphasizing the intrinsic value of human life and the importance of human-centered development [3][4]. - It stresses the need for cultural confidence and the nurturing of individual potential to maintain societal stability amidst rapid technological changes [4]. Group 3: Future Aspirations - The article calls for a balance between technological advancement and human values, encouraging individuals to embrace their agency in shaping their destinies [4]. - It concludes with a hopeful message for the new year, urging a collective pursuit of dreams and aspirations while cherishing the warmth of human connections [4].

Core Viewpoint - The article emphasizes the importance of "investing in people" as a response to the rapid advancements in artificial intelligence (AI) and the need for individuals to find their place in an evolving world driven by technology [1]. Group 1: Investment in People - Investing in people serves as a safety net, providing support through various social benefits such as maternity allowances, consumer incentives for upgrading technology, expanded healthcare options, and community services for the elderly [2]. - The concept of investing in people also aims to uplift individuals, enabling them to realize their dreams and aspirations, as seen in the success stories of young entrepreneurs and innovative companies in the AI era [2]. Group 2: Cultural and Philosophical Foundations - The article highlights the philosophical underpinnings of investing in people, referencing historical figures like Confucius and Protagoras, emphasizing the intrinsic value of human life and the need for comprehensive development [3]. - It stresses that true investment in people is not just for immediate prosperity but also for nurturing cultural confidence and ensuring that individuals can navigate the complexities of modern society [4]. Group 3: Policy and Societal Implications - The article notes that the recent policies from the 20th National Congress of the Communist Party of China advocate for a close integration of investments in both material and human resources, aiming for holistic societal development [4]. - It concludes that the essence of investing in people lies in recognizing their cultural and personal significance, which is crucial for maintaining stability amid rapid technological changes [4].

Core Viewpoint - The current economic environment is characterized by a transition period, with a stable economic foundation but challenges in domestic demand, real estate adjustments, and bank net interest margins. The focus is on leveraging economic potential through policy support and reform innovation [1]. Group 1: Monetary and Fiscal Policy Coordination - The preference for "reducing reserve requirements over lowering interest rates" is based on the current low net interest margins of commercial banks, which makes significant interest rate cuts less feasible. This approach aligns with China's macroeconomic governance, where fiscal policy plays a leading role and monetary policy acts in support [2][3]. - The "gradual reduction in reserve requirements and interest rates" approach is recommended due to high uncertainty, allowing for a more measured monetary policy implementation that considers market feedback [3]. - China's average reserve requirement ratio is approximately 6.3%, indicating significant room for reduction compared to Western countries, where reserve requirements have been largely eliminated [4]. Group 2: Real Estate Market Stability - Recent policies aimed at stabilizing the real estate market include adjustments to housing purchase restrictions and lowering housing fund loan interest rates, resulting in a narrowing decline in key real estate indicators such as sales and funding [6][7]. - The key to stabilizing expectations in the real estate market lies in improving liquidity and addressing employment and income expectations, which are critical for demand recovery [7]. Group 3: Investment in Human Capital - The shift from "investment in physical assets" to "investment in human capital" is emphasized, with a focus on enhancing public services in education, healthcare, and social security to drive economic growth [8][9]. - The government aims to increase fiscal spending on social welfare, which currently accounts for less than 10% of GDP, compared to 10-20% in developed countries, indicating room for growth [10]. Group 4: Consumption Activation - Short-term measures such as fiscal transfer payments (e.g., consumption vouchers) are deemed more urgent and effective for boosting consumer spending, especially for low-income groups [11][12]. - Long-term strategies should include tax reforms and targeted subsidies to stimulate demand in service sectors like elder care and childcare, which have significant growth potential [13][14][16].

Core Insights - The current economic environment is characterized by a transition period, with a stable economic foundation but challenges in domestic demand, real estate adjustments, and bank net interest margins [1] - The Central Economic Work Conference in December 2025 emphasized the need for policy support and reform innovation to unlock economic potential [1] Monetary and Fiscal Policy Coordination - The view that "reducing the reserve requirement ratio (RRR) is preferable to cutting interest rates" is based on the current low net interest margins of commercial banks, which do not support significant interest rate cuts [3][4] - The "gradual RRR and interest rate reduction cycle" suggests a cautious approach to monetary policy, allowing for time lags in its effects on the real economy [4] - China's monetary policy framework differs from Western countries, focusing on RRR adjustments rather than interest rate changes, with a current average RRR of about 6.3% [5] Government Bond Market Dynamics - The People's Bank of China (PBOC) has begun using government bond transactions as a new liquidity adjustment tool, with operations in 2024 and 2025 differing in market conditions [6][7] - The bond market has seen a decline in yields due to increased supply and market conditions, with the PBOC potentially implementing "buy long, sell short" operations to support fiscal policy [7] Real Estate Market Stabilization - Policies to stabilize the real estate market have been implemented, resulting in a narrowing decline in key indicators such as new housing sales, which fell by 8.7% in 2025, a decrease of 4.2 percentage points from 2024 [8][9] - Key measures to stabilize expectations include improving liquidity in the real estate market and enhancing the quality of housing supply [9] Investment in Human Capital - The shift from "investment in material" to "investment in people" is crucial for economic growth, emphasizing the need for increased public spending on education, healthcare, and social services [10][11] - The government aims to enhance income distribution and support consumption through targeted fiscal policies, with a focus on increasing disposable income for low- and middle-income households [12][13] Consumer Demand Activation - Short-term fiscal transfers, such as consumption vouchers and targeted subsidies, are seen as effective measures to boost consumer spending [13][14] - Long-term strategies include tax reforms and increased government spending in the service sectors, particularly in elder care and childcare, to stimulate demand [15][16][17]