Core Viewpoint - The draft law on national development planning aims to enhance the macroeconomic governance system, promote high-quality development, and modernize the national governance system and capacity [1][3]. Group 1: Legislative Purpose and Framework - The draft consists of 4 chapters and 31 articles, addressing the formulation, implementation, and relationship of national development planning with other plans [1]. - The legislation is intended to standardize and ensure the scientific formulation and effective execution of national development plans [3][8]. - The draft law aims to resolve issues in the current planning system, such as uncoordinated goals and policy tools, by clarifying the roles and functions of various plans [4][6]. Group 2: Implementation and Coordination - The draft emphasizes the need for consistency in macroeconomic policy orientation, integrating economic and non-economic policies into a unified assessment [1][6]. - It outlines that the State Council will organize the implementation of national development plans, with specific departments responsible for drafting implementation plans [7]. - The legislation includes provisions for dynamic monitoring and evaluation of the implementation of national development plans, enhancing coordination among various levels of planning [7][8]. Group 3: Expert Insights - Experts believe that the legislation will help improve the scientific nature of planning and reduce randomness and uncertainty in the planning process [4][8]. - The law is expected to strengthen the guiding role of national development planning in resource allocation and market behavior, thereby promoting high-quality development [4][6].

// 今日关注 // // 宏观预警 // 1、十四届全国人大常委会第十五次会议审议民营经济促进法草案等 十四届全国人大常委会第十五次会议27日上午在京举行第一次全体会议。会议听取了全国人大宪法法律 委主任委员信春鹰作的关于民营经济促进法草案审议结果的报告。草案三审稿进一步充实支持民营经济 发展相关举措，进一步规范执法行为，加强劳动者合法权益保护，优化民营经济健康发展、高质量发展 的法治环境。 2、国务院常务会议讨论并原则通过《中华人民共和国医疗保障法（草案）》 国务院总理李强4月27日主持召开国务院常务会议，讨论并原则通过《中华人民共和国医疗保障法（草 案）》，决定将草案提请全国人大常委会审议。会议指出，要以此次立法为契机，进一步完善我国医疗 保障政策体系，有效保护参保人合法权益，打牢人民群众病有所医的制度基础。要加强医保基金监管， 健全监督检查机制，严厉打击虚假诊疗、虚假购药等欺诈骗保行为。要加强普法宣传教育，提升医疗机 构、医务人员和群众守法意识，规范就医秩序和医疗行为。 3、最高法：坚决防止把经济纠纷当作犯罪处理 最高法近日印发关于坚持严格公正司法规范涉企案件审判执行工作的通知，积极促进法治化营商环境 ...

北京商报讯（记者 张茜琦）以"老老人"和失能失智老年人为重点，明确各部门在养老服务工作中的职 责分工，以法规形式破解养老服务领域痛点难点堵点……4月27日，北京市人民政府新闻办公室举行新 闻发布会，通报北京市人民政府2025年立法工作计划。会上，北京市民政局副局长杨志伟就《北京市养 老服务条例》（以下简称《条例》）立法工作情况进行介绍。今年，《条例》草案起草工作正式启动， 计划2026年提请市人大会议审议。 三是坚持问题导向，解决实际困难。紧紧围绕本市养老服务工作面临问题，如城区与郊区养老服务设施 错配、普惠性居家养老服务供给不足、医养结合水平有待提升等问题，深入分析问题产生根源，有针对 性地制定切实可行的法规条款，以法规形式破解养老服务领域痛点难点堵点，为养老服务工作提供支撑 保障。 据悉，截至2024年底，我市常住老年人514万人，占比23.5%，已经迈入中度老龄化社会。随着老年人 口总量快速增长，高龄、失能老年人规模持续扩大，老年照护、就医、助餐等刚性需求成为越来越突出 的问题。与此同时，老年群体日益增长的美好生活需要，对发展多层次、精准化的养老保障体系和服务 供给提出了新的更高要求。 四是坚持首善标准 ...

Group 1: Water Environment Protection - The State Council emphasizes the need for enhanced responsibility and mission in water pollution prevention, advocating for precise, scientific, and legal approaches to pollution control [1] - The ecological environment quality has improved significantly due to the "Blue Sky, Clear Water, and Clean Land" campaign, with a focus on addressing black and odorous water bodies and protecting water sources [1][2] - In 2024, the proportion of surface water quality in categories I to III reached 90.4%, an increase of 1.0 percentage points year-on-year, while the proportion of inferior category V water quality decreased to 0.6%, down by 0.1 percentage points [2] Group 2: Source Governance and Ecological Restoration - Future efforts will prioritize source governance over end-of-pipe treatment, integrating ecological considerations into water management, including the transformation of key industries and the recycling of water resources [3] - The meeting highlighted the importance of monitoring and managing pollution sources, particularly from industrial, domestic, and agricultural sectors, to prevent exceeding discharge standards [1][2] Group 3: Child Welfare and Medical Security - The meeting addressed the welfare of disadvantaged children, emphasizing the need for a comprehensive service system that includes basic living guarantees, medical rehabilitation, public education, and psychological support [3] - The draft of the Medical Security Law aims to enhance the medical security policy framework, protect the rights of insured individuals, and strengthen the supervision of medical insurance funds [4] Group 4: Nuclear Power Development - The meeting underscored the necessity of ensuring safety in nuclear power development, mandating adherence to the highest global safety standards in the construction and operation of nuclear power units [4]

Group 1 - The core viewpoint of the news is the need for legislative measures to enhance the scientific, continuous, and authoritative nature of national development planning through the proposed National Development Planning Law (Draft) [1][2] - The draft law aims to establish basic principles for the scientific formulation of planning, which includes adherence to national policies, leveraging expert input, and encouraging public participation [2][4] - The draft emphasizes the importance of considering various factors such as resource capacity, fiscal constraints, and risk prevention in the formulation of national development plans [3][4] Group 2 - The proposed law seeks to institutionalize the planning process, enhancing its procedural and regulatory aspects, thereby reducing randomness and uncertainty in planning [4][6] - It aims to unify national and local planning efforts, clarifying the roles and relationships among different types of plans to avoid overlaps and conflicts [5][6] - The legislation will also introduce accountability measures for violations during the planning and implementation processes, reinforcing the seriousness and authority of national development planning [4][6]

Group 1: Environmental Protection and Water Management - The meeting emphasized the importance of enhancing responsibility and mission awareness in water ecological environment governance, promoting a comprehensive ecological environment governance system for major river basins [1] - It highlighted the need for source governance, focusing on major rivers and lakes, and strengthening monitoring to prevent exceeding pollution discharge standards from industrial, domestic, and agricultural sources [1] - The meeting called for the establishment of a long-term mechanism to guide enterprises in energy-saving and emission-reduction transformations, and to support local governments in improving environmental infrastructure [1] Group 2: Welfare for Vulnerable Children - The meeting underscored the significance of strengthening welfare protection for vulnerable children, emphasizing the principle of prioritizing children's development and interests [2] - It discussed the need to improve basic living guarantees, medical rehabilitation, public education, and psychological health services tailored to the needs of vulnerable children [2] - The meeting also stressed the importance of establishing a personal safety protection system to prevent and punish various crimes against vulnerable children [2] Group 3: Medical Security Legislation - The meeting discussed and approved the draft of the Medical Security Law, aiming to enhance the medical security policy system and protect the rights of insured individuals [2] - It emphasized the need for strict supervision of medical insurance funds and the establishment of mechanisms to combat fraudulent medical practices [2] - The meeting called for increased legal awareness among medical institutions, personnel, and the public to ensure compliance with medical regulations [2] Group 4: Nuclear Power Development - The meeting highlighted the necessity of ensuring safety in nuclear power development, stressing the responsibility of construction and ownership units to adhere to the highest global safety standards [2] - It called for continuous enhancement of safety supervision capabilities to ensure a robust safety net for nuclear power operations [2]

4月25日，全国人大常委会法制工作委员会发言人黄海华在记者会上介绍《全国人大常委会2025年度立 法工作计划》（下称"立法工作计划"）重点内容。今年，全国人大常委会共安排继续审议的法律案14 件、初次审议的法律案23件，其中包括制定民营经济促进法、金融法、金融稳定法；修改反不正当竞争 法、企业破产法、中国人民银行法、银行业监督管理法。 我国现行的证券法、中国人民银行法、保险法等法律，以及正在推进的立法工作的金融稳定法，都在不 同领域强化了金融监管的法治保障，但从整体来看，现行的金融法律体系呈现分散性和局部性的特点， 缺乏一部统领全局、协调各领域的基础性法律。从国际经验看，许多发达经济体已通过基础性金融立法 实现监管统一。全国人大代表，中国人民银行辽宁省分行原党委书记、行长付喜国在2025年全国两会期 间曾建议，我国可以借鉴国际经验，结合国情制定金融法，提升国际金融规则话语权、强化金融监管的 法治保障。 作为确立中国人民银行地位的法律，中国人民银行法自1995年颁布实施以来，仅2003年经历过一次大 修。全国人大代表，中国人民银行四川省分行行长严宝玉在2025年全国两会期间指出，现行中国人民银 行法在货币政策、 ...

图片来源： Unsplash 但研究人员指出，它可能面临诸多挑战与陷阱。 阿拉伯联合酋长国计划利用人工智能，协助起草新法规及审查修订现行法律，这是这个海湾国家在AI 上已投入数十亿美元基础上，采取的最激进尝试。 人工智能研究人员表示，该国官方媒体所称的 "人工智能驱动监管"计划比其他任何地方所见都更为超 前，同时指出细节尚不充分。其他政府正尝试运用 AI 提升效率，从法案摘要到优化公共服务，但尚 未通过分析政府与法律数据来主动提议修改现行法律。 迪拜统治者、阿联酋副总统谢赫 ·穆罕默德·本·拉希德·阿勒马克图姆，通过官方媒体表示："这套由人 工智能驱动的新立法体系将改变我们制定法律的方式，使流程更快速精准。" 上周，部长们批准成立一个新的内阁部门 ——监管情报办公室，以监督立法中的人工智能推进工 作。 哥本哈根商学院教授罗尼 ·梅达利亚表示，阿联酋似乎怀有"将人工智能转变为某种共同立法者的根本 雄心"，并称该计划"非常大胆"。 阿布扎比在人工智能领域押下重注，去年成立了专门的投资机构 MGX ，该机构已投资包括一支 300 亿美元的，黑石人工智能基础设施基金在内的多个项目。 MGX 还在其董事会中增设了一名人 ...

阿拉伯联合酋长国计划利用人工智能，协助起草新法规及审查修订现行法律，这是这个海湾国家在AI 上已投入数十亿美元基础上，采取的最激进尝试。 人工智能研究人员表示，该国官方媒体所称的 "人工智能驱动监管"计划比其他任何地方所见都更为超 前，同时指出细节尚不充分。其他政府正尝试运用 AI 提升效率，从法案摘要到优化公共服务，但尚 未通过分析政府与法律数据来主动提议修改现行法律。 迪拜统治者、阿联酋副总统谢赫 ·穆罕默德·本·拉希德·阿勒马克图姆，通过官方媒体表示："这套由人 工智能驱动的新立法体系将改变我们制定法律的方式，使流程更快速精准。" 上周，部长们批准成立一个新的内阁部门 ——监管情报办公室，以监督立法中的人工智能推进工 作。 哥本哈根商学院教授罗尼 ·梅达利亚表示，阿联酋似乎怀有"将人工智能转变为某种共同立法者的根本 雄心"，并称该计划"非常大胆"。 阿布扎比在人工智能领域押下重注，去年成立了专门的投资机构 MGX ，该机构已投资包括一支 300 亿美元的，黑石人工智能基础设施基金在内的多个项目。 MGX 还在其董事会中增设了一名人工智能 观察员。 阿联酋计划通过建立一个包含联邦及地方法律以及法院判决、政 ...

Core Insights - The report emphasizes the importance of technological modernization as a foundation for achieving high-quality development in China, aiming for a strategic goal of becoming a technological powerhouse by 2035 [6][9] - The manufacturing PMI for March 2025 is reported at 50.5, indicating a slight increase from the previous value of 50.2, suggesting a stable manufacturing environment [6][9] - The report highlights the ongoing efforts to clean up existing illegal charging policies, indicating a proactive regulatory approach [6][9] Domestic Market Performance - The Shanghai Composite Index closed at 3,335.75, down 0.46%, while the Shenzhen Component Index closed at 10,504.33, down 0.97% [4] - The average P/E ratios for the Shanghai Composite and ChiNext are reported at 14.25 and 37.48 respectively, indicating a mid-level valuation suitable for long-term investment [9][10] International Market Performance - The Dow Jones closed at 30,772.79, down 0.67%, while the S&P 500 and Nasdaq also experienced declines of 0.45% and 0.15% respectively [5] Industry Analysis - The report discusses the growth in the AI and computing power sectors, highlighting the increasing demand for data centers and AI infrastructure as key growth drivers [15][25] - The electrical equipment sector has shown strong performance, with the index rising 0.86% in March, outperforming the broader market [18] - The report notes a significant increase in domestic excavator sales and the release of humanoid robot products, indicating a robust machinery sector [28] Investment Recommendations - Investors are advised to focus on sectors such as electric power, precious metals, and diversified finance for short-term opportunities, while maintaining a balanced approach between defensive and growth stocks [12][14] - The report suggests that the new materials sector is expected to continue its growth trajectory, driven by increasing demand in manufacturing and technology integration [24] Key Data Updates - The report provides updates on the release of locked shares and the top ten active stocks in the Shanghai-Hong Kong Stock Connect, indicating market liquidity and investor interest [8]