撰写人：王福辉 从业资格证号：F03123381 投资咨询从业证书号：Z0019878 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | | 沪铝主力合约收盘价(日,元/吨) | 19,465.00 | -320.00↓ 氧化铝期货主力合约收盘价(日,元/吨) | 2,704.00 | +29.00↑ | | | 本月-下月合约价差:沪铝(日,元/吨) | 65.00 | +5.00↑ 本月-下月合约价差:氧化铝(日,元/吨) | -3.00 | +3.00↑ | | | 主力合约持仓量:沪铝(日,手) | 194,811.00 | +11053.00↑ 主力合约持仓量:氧化铝(日,手) | 297,760.00 | +10178.00↑ | | 期货市场 | LME铝注销仓单(日,吨) | 160,900.00 | 0.00 库存:氧化铝:合计(周,万吨) | 285,278.00 | -12598.00↓ | | | LME电解铝三个月报价（日，美元/吨） | 2,427.00 | -4.50↓ ...

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Group 1 - The article emphasizes the historical significance of the victory in World War II, particularly the contributions of China and the Soviet Union in defeating fascism [1][2][3] - It highlights the importance of maintaining a correct view of history, asserting that both nations played crucial roles in the anti-fascist struggle, with China enduring the longest conflict against Japanese militarism and the Soviet Union decisively defeating Nazi Germany [3][4] - The article calls for a commitment to uphold the post-war international order established by the United Nations, stressing the need for cooperation and respect for international law [3][5] Group 2 - The article discusses the ongoing challenges posed by unilateralism and hegemonic actions in the current global landscape, urging nations to choose dialogue over confrontation [2][6] - It underscores the necessity for China and Russia to support each other on core interests and major concerns, reinforcing their strategic partnership [5][6] - The article advocates for a shared vision of global governance that prioritizes fairness and justice, promoting multilateralism and cooperation among nations [5][6]

Summary of Key Points from the Conference Call Industry or Company Involved - The discussion primarily revolves around the Chinese economy and its role in global economic growth, as represented by the statements from the Chinese Minister of Finance, Lan Fang'an, during the Asian Development Bank's 58th Annual Meeting held in Milan, Italy. Core Points and Arguments - **China's Contribution to Global Economy**: China has maintained a contribution rate of approximately 30% to global economic growth in recent years [3] - **GDP Growth**: In the first quarter of this year, China's GDP grew by 5.4% year-on-year, indicating a strong start to the year [6] - **Macroeconomic Policy**: The Chinese government plans to adopt more proactive macroeconomic policies and expresses confidence in achieving a growth target of around 5% by 2025 [6] - **Domestic Market and Global Engagement**: China aims to continue building a unified domestic market and expand high-level opening-up, sharing development opportunities and benefits with the world, particularly with Asia-Pacific members [6] Other Important but Possibly Overlooked Content - **Bilateral Meetings**: During the conference, Lan Fang'an engaged in bilateral meetings with ADB President Masatsugu Asakawa, discussing ADB's future operational development and sharing China's development experiences [6]

Group 1 - The 28th ASEAN Plus Three Finance Ministers and Central Bank Governors Meeting agreed to expand the scope of the Chiang Mai Initiative to include responses to non-traditional security risks such as pandemics and natural disasters [1] - The Chiang Mai Initiative has been a crucial component of the regional financial safety net since its inception in 2008, contributing positively to regional financial stability [1] - The meeting reflects the determination of ASEAN and Plus Three countries to enhance cooperation in addressing global challenges [1] Group 2 - The ongoing US-China trade war, particularly Trump's tariff policies, is causing significant disruptions in the global financial market, raising questions about the future of the international monetary system [2][6] - Historical precedents, such as the Smoot-Hawley Tariff Act, illustrate the dangers of protectionist policies leading to economic turmoil and conflict [3] - The establishment of a rules-based international multilateral governance system post-World War II was aimed at preventing such conflicts, but current policies are undermining this framework [6] Group 3 - Trump's tariffs are designed to target countries based on their trade surplus with the US, which deviates from traditional tariff practices and threatens the existing international trade order [6][7] - The US's international trade deficit is essential for the dollar's status as the world's primary currency, and Trump's policies are jeopardizing this status [7][8] - The dollar index has dropped significantly, indicating a loss of confidence in the dollar as a reliable international currency [8][10] Group 4 - The international demand for the renminbi is increasing, particularly as China emerges as a major global economic player [9] - The renminbi's internationalization is not limited to trade but is expanding into financial markets, indicating a shift in the global monetary landscape [9][16] - The current situation presents both opportunities and challenges for China's financial system as it navigates the complexities of international currency dynamics [9] Group 5 - The East Asian region is experiencing a push for currency integration, driven by historical financial vulnerabilities and the need for a more stable regional monetary framework [17][19] - The concept of "currency original sin" highlights the region's reliance on external currencies, particularly the dollar, for trade and investment [19] - There is a growing call for the use of local currencies in regional trade to enhance financial security and stability [19]

Group 1 - The Asian Development Bank's 58th Annual Meeting was held in Milan, Italy, from May 4 to 7, with China's Finance Minister highlighting China's contribution to global economic growth at around 30% [1] - During the "May Day" holiday from May 1 to 5, 2025, the total cross-regional movement of people in China exceeded 1.465 billion, maintaining a high operational level [1] - Hainan's duty-free shopping market saw significant activity during the "May Day" holiday, with a total shopping amount of 510 million yuan and 79,100 shoppers recorded [1] - The national postal and express delivery industry in China handled over 4.8 billion packages during the "May Day" holiday, marking a year-on-year growth of over 20% [1] - The People's Bank of China is set to issue a set of cultural gold and silver commemorative coins on May 11, 2025, consisting of three gold and three silver coins [1] Group 2 - During the "May Day" holiday, UnionPay and Wanglian processed 23.439 billion payment transactions amounting to 7.64 trillion yuan, representing a year-on-year growth of 20.49% and 3.21% respectively [2] - The Shenzhen Stock Exchange has revised its guidelines for member client trading behavior management to enhance accountability and improve the evaluation mechanism [2] - The National Sports Administration has released a public notice regarding the proposed recommendations for undergraduate admission of outstanding athletes [2] - The Canadian Prime Minister arrived in the U.S. for discussions with President Trump, focusing on current trade pressures and broader economic and security relations between Canada and the U.S. [2] Group 3 - Microsoft officially ceased operations of its instant messaging software Skype on May 5, 2025, migrating its core functions to Microsoft Teams [3]

Core Viewpoint - The article discusses the significant negative impact of the U.S. tariff policy on global trade and economic growth, highlighting the resulting uncertainty and its effects on various economies [4][5][7]. Group 1: Impact on Global Economy - The U.S. tariff policy has been described as a "major negative shock" to the world economy, with the International Monetary Fund (IMF) lowering its global growth forecasts for 2025 and 2026 to 2.8% and 3% respectively, down by 0.5 percentage points from earlier predictions [5][6]. - The IMF noted that the actual tariff levels have reached the highest in a century, contributing to increased uncertainty and negatively affecting economic activities and prospects globally [5][6]. - Concerns have spread globally, with representatives from various regions expressing worries about the adverse effects of U.S. tariffs on both developed and developing economies [5][6]. Group 2: Effects on U.S. Economy - The IMF has projected that the U.S. economic growth will slow to 1.8% this year, a reduction of 0.9 percentage points from previous forecasts, primarily due to policy uncertainty and weakened demand [7][8]. - Former U.S. Treasury Secretaries have indicated a significant increase in the likelihood of a recession in the U.S. as a result of the tariff policies [7][8]. Group 3: Long-term Consequences - The article emphasizes that the U.S. tariff policy could lead to long-term structural damage to the global economy, potentially stalling innovation and hindering sustainable development efforts [8][9]. - The uncertainty created by the tariffs is causing investors to hesitate, leading to a decline in consumer confidence and spending [8][9]. Group 4: China's Position - In contrast to the U.S. approach, China is portrayed as a "certainty oasis," actively expanding its global trade partnerships and maintaining stable economic growth, with a reported GDP growth of 5.4% in the first quarter [12][13]. - China's efforts to establish high-standard free trade agreements and create a favorable business environment are seen as strategies to counteract the negative impacts of U.S. tariffs [12][13].

商务部新闻发言人就中美经贸高层会谈答记者问。有记者问：5月7日早，外交部发布消息，何立峰 副总理将于5月9日-12日访问瑞士，期间与美方举行会谈。请问商务部能否介绍一下此次会谈的背景 和相关考虑？ 中方注意到，一些经济体也正在与美方进行谈判。需要强调的是，绥靖换不来和平，妥协得不到尊 重，坚持原则立场、坚持公平正义，才是维护自身利益的正确之道。无论国际风云如何变幻，中方 将始终坚定不移扩大开放，坚定不移维护以世贸组织为核心的多边贸易体制，坚定不移与世界各国 共享发展机遇。中方愿与各方一道，不断深化互利合作，加强沟通协调，共同抵制单边保护主义和 霸权霸凌行径，共同维护自由贸易和多边主义，推动建设普惠包容的经济全球化。 中方的立场是一贯的，无论是打还是谈，中方维护自身发展利益的决心不会改变，捍卫国际公平正 义、维护国际经贸秩序的立场和目标不会改变。打，奉陪到底；谈，大门敞开。任何对话谈判必须 在相互尊重、平等协商、互惠互利的前提下开展。中国有句古话，"听其言而观其行"。美方想要通 过谈判解决问题，就要正视单边关税措施给自身和世界带来的严重负面影响，正视国际经贸规则、 公平正义和各界理性声音，拿出谈的诚意，纠正错误 ...

中欧关系发展历程表明，只要双方相互尊重、平等相待、坦诚对话，就能推动合作、办成大事。中方愿 同欧方一道，锚定伙伴正确定位，坚持互利合作主基调，进一步提升中欧关系的稳定性、建设性、互惠 性、全球性，更好造福中欧人民和国际社会，开辟中欧关系更加美好的未来。 （文章来源：人民日报） 回顾中欧双方半个世纪的交往，最宝贵的经验是相互尊重，最强大的动力是互利共赢，最一致的共识是 多边主义，最准确的定位是合作伙伴。中国始终从战略高度和长远角度看待中欧关系，将欧洲作为中国 特色大国外交的重要方向和实现中国式现代化的关键伙伴。2014年3月，习近平主席对欧盟总部进行历 史性访问，提出中国愿同欧洲一道打造中欧和平、增长、改革、文明四大伙伴关系，赋予中欧全面战略 伙伴关系新的战略内涵。今年以来，中欧保持密切高层互动，向国际社会释放出共同践行多边主义、维 护自由贸易的积极信号，继续成为变革世界中的稳定性、建设性力量。 中欧经贸合作优势互补、互利共赢，已经形成强大的经济共生关系。中欧贸易额从建交时的24亿美元增 长到2024年的7858亿美元，双向投资存量从几乎为零增长到2600亿美元。中欧班列累计开行突破10万 列，成为连接亚欧的黄 ...

Group 1 - New stock offering: Hanbang Technology has an offering code of 787755, with an issue price of 22.77 yuan per share and a subscription limit of 0.50 million shares [2] - Hong Kong Securities and Futures Commission and Hong Kong Stock Exchange launched a "Special Line for Science and Technology Enterprises" to facilitate the listing of specialized technology and biotechnology companies, allowing them to submit applications confidentially [4] - The State Post Bureau reported that during the "May Day" holiday from May 1 to May 5, the national express delivery industry handled over 4.8 billion packages, a year-on-year increase of over 20%, setting a historical record for the same period [4] Group 2 - Huazhi Digital Media reported that as of May 5, the cumulative box office revenue of "Dumpling Queen" reached approximately 218 million yuan [7] - Aoheng Automotive received a designated order from a leading new energy vehicle brand [7] - A contract worth 297 million yuan for the development of a certain optical system was signed by Aopu Optoelectronics [7] Group 3 - Huamao Technology's controlling shareholder plans to increase its stake in the company by 100 million to 200 million yuan [8] - Yunda Holdings' controlling shareholder also intends to increase its stake by 100 million to 200 million yuan [9] - Linglong Tire's controlling shareholder plans to increase its stake by 200 million to 300 million yuan [10] Group 4 - Huayi Group intends to acquire 60% equity of San Aifu for 4.091 billion yuan [10] - Changchuan Technology plans to establish a joint venture with professional investment institutions to focus on the localization of high-end packaging and testing equipment [10] - Xiangyuan Cultural Tourism reported a year-on-year revenue growth of 50.47% during the "May Day" holiday [10]