文/《清华金融评论》 周茗一 近 日 多 家 国 际 机 构 密 集 上 调 20 25 年 中 国 经 济 增 速 预 期 。 其 中 ， 世 界 银 行 、 国 际 货 币 基 金 组 织 、 亚 洲 开 发 银 行 分 别 上 调 0. 4 、 0. 2 、 0. 1 个 百 分 点。多家机构表示，尽管面临冲击，中国经济展现了显著韧性。 12月10日，国际货币基金组织表示，预计2025年中国经济增速将达5%，较今年10月发布的《世界经济展望报告》上调0.2个百分点。当日， 亚洲开发银行表示，得益于中国出口的韧性表现和财政政策持续发力，决定对2025年中国经济增速预期上调0.1个百分点。世界银行、国际 货币基金组织还上调了对明年中国经济增速预期，分别上调0.4、0.3个百分点。 世界银行表示，从全年来看，中国经济表现好于年初预期。中国政府更加积极的财政政策和适度宽松的货币政策支撑了国内消费和投资。 同时，中国出口市场更加多元化，为保持出口韧性提供了支撑。 对于中国经济增长前景，世界银行中国首席经济学家米丽莎认为，长期来看，中国经济增长潜力仍相当高。通过加强科技创新、提高资源 分配效率等，中国将继续提高生产 ...

央视网消息：为切实提升人民群众的获得感和幸福感，近日，江苏苏州依托全市一体化公共数据平台，破解社区治理中的难点堵 点，将智慧化精准渗透到居民生活、社区治理的方方面面。 小区居民黄兴平表示，在手机平台上就能提交她的需求，手机平台及时反馈给物业，物业及时来帮她解决了问题，非常方便快捷。 江苏省苏州市一体化公共数据底座负责人何斌斌介绍，基于苏州市统一的数字化底座，通过社区服务平台、线上报修缴费、阳光惠 民政策、独居老人关怀等便民服务，更高效触达到群众。未来，他们将持续丰富惠民场景，让群众的生活更便捷、更智能、更舒 心。 苏州相城区玉成家园社区是一个深度老龄化的小区。为了提高老年人生活的便利度，当地借助大数据建立"居民社区档案"，居民通 过大数据平台即可申报生活中遇到的一些问题，上传图片。这些信息通过平台实时直达居委会工作人员的客户端，让老年人的需求 可以尽快得到解决。 在苏州市数字城市运营管理中心大屏上，除了居民的社区诉求，还能显示燃气管道、电梯运行等数据，发现问题后工作人员可以将 社区设施故障信息"一键派发"给网格员。目前，平台已汇聚苏州市超1500亿条数据。其中，民政、社保等民生数据2400多万条。 ...

Core Insights - The Dutch government needs to invest at least $177 billion in high-tech industries over the next decade to ensure continued economic prosperity [1] - The report highlights challenges such as slow digital development, difficulties in clean energy transition, severe aging population, housing shortages, and pressure on public services [1] - The investment focus should be on four key areas: digitalization and artificial intelligence, life sciences and biotechnology, security technology, and energy and climate technology, which are expected to see significant international demand growth [1] Summary by Sections Investment Needs - The report suggests that by 2035, the government should maintain investments in high-tech industries between $177 billion and $220 billion to sustain economic growth rates of 1.5% to 2.0% [1] Recommendations for Reform - Accelerate approval processes and simplify regulatory execution for key projects to enhance national competitiveness [2] - Strengthen talent supply through structured retraining and skill enhancement programs, attracting more international talent [2] - Improve energy conditions by adjusting energy sources and tax incentives in the short term, while developing a more robust energy mix for long-term stability [2] - Enhance infrastructure by focusing on key projects like Rotterdam and Schiphol airports and the Leiden bioscience park [2] Institutional Proposals - Establish a cross-departmental economic agency directly overseen by the Prime Minister to coordinate policy implementation [2] - Propose the creation of a national investment bank focused on public-private investments in technology and infrastructure, leveraging €10 billion to €20 billion in capital to attract over €100 billion in investments [2] - Recommend the establishment of a national innovation agency with a budget of €2 billion to support innovative ecosystems and strategic breakthrough projects [2]

Core Viewpoint - JD Industrial's IPO faced a challenging market response, with a significant initial drop in share price, indicating investor skepticism about its valuation and growth potential [3][5][9]. Company Overview - JD Industrial is a supply chain technology and service provider under JD Group, focusing on digital and intelligent solutions for industrial procurement and management [6]. - It is the sixth listed company in the JD ecosystem, following JD Group, JD Health, JD Logistics, Dada Group, and Debon Holdings [7]. IPO Details - The global offering consisted of 211 million shares, with 10% allocated for public sale in Hong Kong and 90% for international investors, including a 15% over-allotment option [8]. - The final offer price was set at HKD 14.10 per share, but initial market reactions were disappointing, with pre-IPO trading indicating a decline [9]. Market Performance - On its debut, JD Industrial's stock opened down 7.8% and struggled to maintain its offer price, closing at HKD 14.10 after a day of trading with a low turnover rate of 1.47% [3][10]. - The following day saw a further decline in trading volume, dropping to HKD 59.49 million [3]. Financial Performance - From 2022 to 2024, JD Industrial's revenue is projected to grow from RMB 14.135 billion to RMB 20.398 billion, reflecting a compound annual growth rate (CAGR) of 20.1% [13]. - In the first eight months of 2025, total revenue reached RMB 14.1 billion, marking an 18.9% year-on-year increase, although growth is slowing [14]. Profitability Metrics - JD Industrial transitioned from a net loss of RMB 1.334 billion in 2022 to a net profit of RMB 4.8 million in 2023, with projections for 2024 showing a significant increase to RMB 762 million [16]. - The gross profit margin improved from 16.1% in 2023 to 18.6% in the first half of 2025 [17]. Market Concerns - Despite improvements in financial metrics, there are concerns about the sustainability of JD Industrial's growth, particularly in light of a Morgan Stanley report expressing pessimism about JD Group's growth prospects [19]. - Investors are wary that a slowdown in the parent company's growth could impact support for its subsidiaries, including JD Industrial, raising questions about the overall valuation of the JD ecosystem [19].

Core Viewpoint - The article discusses new measures introduced by the Market Regulation Administration and other departments to enhance the quality of products and services on online trading platforms, addressing issues such as product authenticity, service standards, and consumer rights protection. Group 1: New Measures and Their Impact - The guiding opinions aim to create a quality closed loop by connecting the supply side, operation side, regulatory side, and consumer side, facilitating a shift from "scale expansion" to "quality improvement" in platform economy [1] - The measures focus on product innovation and standardized services on the supply side, reinforcing the responsibility of platforms and operators on the operation side, innovating regulatory methods on the regulatory side, and optimizing consumer rights protection on the consumer side [1] Group 2: Key Features of the Guiding Opinions - The opinions emphasize technological empowerment, supporting platforms in using technology to enhance consumer experience and encouraging the use of big data and AI for precise quality regulation [2] - They focus on emerging business models, particularly live commerce, by establishing selection mechanisms, training requirements, and a "blacklist" system to ensure quality and safety [2] - The opinions promote collaborative governance, clarifying the roles of regulatory bodies while encouraging participation from platforms, industry associations, and consumer organizations to create a cooperative regulatory environment [2] Group 3: Addressing Consumer Concerns - The guiding opinions propose measures to ensure product authenticity by cracking down on counterfeit goods and implementing quality safety coding verification, allowing consumers to purchase with confidence [3] - They aim to improve service quality by standardizing online service protocols, enhancing after-sales service, and providing dedicated support for elderly consumers [3] - The opinions establish mechanisms for rapid issue resolution, such as "preliminary reconciliation" and "one-click evidence submission," to facilitate consumer rights protection [3] Group 4: Development and Governance Strategies - In terms of development, the opinions encourage platforms to leverage data advantages for on-demand production and to establish chief quality officer roles to prioritize quality in algorithms [4] - The governance aspect includes introducing a "product digital passport" initiative for quality safety verification and creating a national monitoring platform for proactive risk management [4] - The guiding opinions advocate for a comprehensive approach to quality management, focusing on different requirements for platforms, operators, and live commerce to enhance overall product and service quality [4] Group 5: Specific Requirements for Platforms and Operators - The opinions mandate strict entry and listing audits for platform enterprises, utilizing digital and AI technologies for daily management and making credit regulatory data a key factor in platform operations [5] - For operators within platforms, the opinions require the establishment of a comprehensive quality control system from supplier management to quality traceability and recall [5] - In the live commerce sector, the opinions suggest creating a "quality first" selection mechanism and enhancing the quality training of hosts, along with implementing a blacklist system [5]

黑龙江社保服务迈入"智能办"时代：AI"数字员工"实现"秒批秒办" 中新网哈尔滨12月12日电(记者 王妮娜)"我们积极推进AI'数字员工'建设，15项高频业务实现'秒批秒 办'，上线以来累计办理业务427万笔，准确率达到100%。"黑龙江省人力资源和社会保障厅相关负责人 12日表示，该省正通过数字赋能，推动社保经办服务发生深层次变革，让群众办事像网购一样方便快 捷。 编辑：王永乐 广告等商务合作，请点击这里 在此基础上，黑龙江探索打造"工伤保险一件事"、"失业保险待遇一件事"等服务矩阵，形成了社保"一 件事"服务集群，让群众和企业从"多地多窗多次"向"一窗一次办结"转变。 为了让社保服务突破时空限制，黑龙江全力拓展线上办理渠道。目前，该省已依托全国社保公共服务平 台，深度拓展黑龙江政务服务网、"龙易办"APP、支付宝"黑龙江人社"小程序等线上平台，实现了参保 登记等158项业务"全程网办"，参保证明查询打印等21项业务"跨省通办"。该省社保业务线上办理占比 已接近90%。"十四五"时期，累计为群众提供网办服务超1.38亿人次。 智能技术的深度应用，是黑龙江社保服务提档升级的鲜明标志。该省积极推进AI"数字员 ...

与《暂行办法》相比，《办法》主要有以下三个变化：一是优化流程。《办法》适应数字化、智能化等 新技术应用的新形势、新要求，优化了清算数据采集、电子账单发布、基础数据维护等业务流程。二是 分类收缴。《办法》创新缴费模式，实施分类管理，对经营定期航班的航空运营人，沿用"先服务、后 收费"模式；对仅从事不定期及其他飞行的航空运营人，采取预缴费或开具银行保函的方式进行缴费。 三是完善分配。《办法》按照收入与投入相匹配同时兼顾清算效率和清算成本经济的原则，调整了空管 系统内部清算收入分配规则。 据了解，为确保《办法》稳妥有效落地，下一步，民航局将采取"政策宣贯、系统改造、业务培训"三位 一体的管理措施，组织民航局清算中心开展政策宣贯与专题培训，加强业务指导，为民航高质量发展提 供坚实的财务保障。（编辑：李季威，校对：张彤，审核：程凌） 为民航高质量发展提供坚实财务保障 民航局出台《民航空管基本服务收费清算管理办法》 《中国民航报》、中国民航网 记者方笑 报道：为加强空管基本服务收费清算管理，优化民航资金清算 模式，提高清算质效，确保资金安全，日前，民航局正式印发《民航空管基本服务收费清算管理办法》 （以下简称《办法》）， ...

12月11日，在2025(第二十三届)物流企业家年会上，中国物流与采购联合会会长蔡进在演讲中表 示，"十四五"时期，中国物流业开始进入高质量发展阶段，物流的供给总量基本上能够满足国民经济有 序健康发展的需求，中国物流的增长率和国民经济的增长率也基本同步。"十五五"时期，物流业需要进 一步提升服务能力。 "十四五"时期，中国物流业快速发展。以物流总量为例，中国物流与采购联合会发布的数据显示，2021 年，社会物流总额335.2万亿元。而蔡进预估，2025年社会物流总额大约能达到380万亿元。 展望"十五五"时期，蔡进表示，物流业发展面临的基本格局是，国民经济对物流产业的基本需求趋于饱 和，物流业继续做规模扩张将比较难，未来物流业需要进一步提升服务能力。 在这样的背景下，蔡进从多方面详细阐释了物流企业接下来需要把握的行业发展趋势。 首先，"十五五"时期，物流企业需具有物流与供应链的国际化视野，做全球化布局。不同于服装、鞋帽 等初级产品出口，高端装备出口还涉及后续一系列零部件配送，而中国已从出口初级产品转变至出口高 端装备，因此，当前中国的出口十分依赖供应链支撑。 其次，物流行业需要把握数字化机遇。蔡进表示，当前物 ...

Core Viewpoint - The article discusses the recent guidelines issued by the State Administration for Market Regulation to enhance the quality of products and services on online trading platforms, addressing issues such as product discrepancies, inconsistent service standards, and complicated consumer rights protection processes [1] Group 1: Guidelines for Online Trading Platforms - The guidelines aim to improve the overall quality management level of platform enterprises by establishing a systematic quality management framework [1] - Platforms are encouraged to implement strict entry audits and product listings, utilizing digital and AI technologies for daily management [1] - Credit regulatory data will be used as a key basis for platform access, exit, and traffic distribution, ensuring that dishonest behaviors are effectively addressed [1] Group 2: Focus on Operators within Platforms - The guidelines emphasize the importance of operators mastering basic quality management skills, promoting the establishment of a comprehensive control system from supplier management to quality traceability and recall [1] - There is a push for enhanced quality testing and certification processes, along with the promotion of shared recognition of results among operators [1] Group 3: Emphasis on Live E-commerce - The guidelines aim to improve product selection training in live e-commerce, advocating for a "quality first" selection mechanism in live streaming sessions [1] - Training for hosts on quality awareness is encouraged, alongside the establishment of a "blacklist" system to ensure that high-quality content and products are aligned [1]

Core Insights - The principles of "openness, fairness, justice," and "honesty and credit" established by the Bidding Law have become fundamental guidelines in market economic activities in China, marking significant contributions to the country's legal and economic development [1][2] Group 1: Legislative and Institutional Framework - The "Bidding Law of the People's Republic of China" has been in effect since January 1, 2000, and has now been implemented for 25 years, serving as a basic transaction system that enhances the market economy, promotes fair competition, prevents corruption, optimizes resource allocation, ensures project quality, and improves economic efficiency [1] - The China Bidding and Tendering Association (中招协) has over 110,000 bidding agencies and more than 1 million practitioners, with a market scale exceeding 50 trillion yuan [1] Group 2: Industry Development and Future Directions - The association emphasizes the importance of political direction, economic development, regulatory improvement, innovation, self-discipline, and collaborative goals in guiding the industry [2] - The association plans to focus on "digitalization, greening, standardization, transparency, and marketization" in alignment with the 14th Five-Year Plan to continue advancing the industry [2] - The recent conference featured various events, including a national bidding procurement skills competition and the launch of innovative reports and standards, showcasing the industry's shift towards digital and intelligent processes [2]