Core Viewpoint - The Ministry of Commerce and nine other departments have issued a notice on implementing green consumption promotion actions, outlining a systematic arrangement for green consumption during the 14th Five-Year Plan period, covering various aspects of daily life and the entire green consumption chain [1] Group 1: Green Product Supply - Increase the supply of green agricultural products by encouraging enterprises to expand procurement of quality items like organic food and establishing dedicated sales areas for green products [2] - Promote green home appliances and home decoration by encouraging the purchase of certified green products and advancing the certification system for green smart appliances [2] - Support green automotive consumption by promoting the purchase of new energy vehicles and exploring the potential of the second-hand car market and new consumption models like RV camping [2] Group 2: Green Service Consumption - Develop green dining by promoting the use of biodegradable and reusable packaging and encouraging smaller portion sizes [3] - Foster green accommodation by cultivating green hotels and promoting the use of biodegradable cleaning agents and refillable toiletries [3] - Advance green housekeeping by promoting eco-friendly cleaning products and encouraging the use of smart devices in home services [3] Group 3: New Green Consumption Models - Build green supply chains by promoting green procurement and encouraging enterprises to evaluate their supply chain carbon footprints [4] - Promote a green consumption points system to incentivize consumers and provide benefits for those engaging in green consumption [4] - Innovate in green sharing services, encouraging shared transportation, space, and goods [4] Group 4: Green Recycling and Circular Economy - Reduce the use of single-use plastic products by encouraging retailers to minimize plastic bag usage and support bamboo alternatives [5] - Promote the recycling and reuse of waste items, focusing on furniture, electronics, and textiles, and encouraging reverse logistics systems [5] - Develop second-hand goods circulation by exploring "Internet + second-hand goods" models and supporting community flea markets [5] Group 5: Green Consumption Environment - Promote energy-saving facilities by encouraging the use of efficient lighting and air conditioning systems [6] - Spread the concept of green consumption and low-carbon lifestyles, encouraging consumers to opt for eco-friendly choices [6] - Strengthen public awareness and advocacy for green consumption as part of national ecological and energy-saving campaigns [6] Group 6: Foundation for Green Consumption - Encourage green certification to cultivate green business entities and support leading enterprises in driving green development across the supply chain [7] - Participate in the formulation of global standards for green consumption to align domestic practices with international benchmarks [7]

Core Viewpoint - The Ministry of Commerce and nine other departments have issued a notice to implement green consumption initiatives, outlining 20 measures across seven areas to promote green consumption throughout the entire supply chain [1] Group 1: Green Consumption Policies - The Ministry of Commerce emphasizes the importance of the old-for-new policy for consumer goods as a significant opportunity to drive green consumption, with projections of 18.3 million old-for-new vehicles, nearly 60% of which will be new energy vehicles, and 1.92 billion old-for-new home appliances, with over 90% being first-level energy (water) efficiency [2] - The old-for-new policy is expected to generate sales of 3.92 trillion yuan, benefiting approximately 494 million consumers [2] Group 2: Green Supply Chain and Recycling - The establishment of a green supply chain is underway, with significant improvements in logistics efficiency, including an 80% reduction in loading and unloading time and a 50% decrease in damage rates, leading to a 20% reduction in supply chain costs [2] - The introduction of a circular economy is being promoted, with 1,161 green malls and 3,500 green hotels established nationwide, and e-commerce platforms forming green cooperation alliances to encourage small merchants to participate in green transformation [3] Group 3: Standards and Regulations - The State Administration for Market Regulation has released 40 green product evaluation standards and 66 energy and water efficiency standards, while also participating in international standardization efforts [4] - By 2025, the central government plans to invest 5 billion yuan to support the standardized dismantling and processing of approximately 100 million old appliances, yielding over 3 million tons of recycled resources [4] Group 4: Agricultural and Consumer Goods - The Ministry of Agriculture and Rural Affairs aims to certify over 88,000 agricultural products under the "three products and one standard" initiative, focusing on green, organic, and high-quality products [5] - The promotion of green consumption will include enhancing the supply of green agricultural products, promoting energy-efficient home appliances, and encouraging green service consumption in areas such as dining and accommodation [6] Group 5: Future Directions - The initiative aims to create new growth points in green consumption by establishing a green supply chain, promoting green procurement, and encouraging the use of biodegradable materials [6][7] - The government plans to optimize the green consumption environment by promoting green electricity usage and enhancing consumer awareness of green practices [7]

近日，商务部等九部门联合印发《关于实施绿色消费推进行动的通知》（下称《通知》），从 扩大绿色供给、壮大市场主体、完善回收体系等7个方面系统部署了20条具体举措，覆盖农产 品、家电家装、餐饮住宿等关键民生领域。这一系统性政策力求通过全链条、多领域的协同发 力，推动社会消费模式向绿色低碳转型，引导形成更可持续的生产生活方式，从而为经济高质 量发展注入持久的绿色动能。 一是加大绿色、名特优新农产品供应，从源头保障食品安全与生态健康，推动农业生产方 式绿色转型。 二是推广高效节能的绿色家电与家装产品，引导居民家庭消费向低碳化、品质化升级。 三是促进汽车绿色消费，通过鼓励购置新能源汽车、完善充换电基础设施、推动二手新能 源汽车流通等举措，加速交通领域的能源替代与减排。 为了满足人民对美好生活向往的需要，《通知》要求提升绿色服务消费，使其成为高质量发展 的鲜明底色。重点聚焦于与日常生活密切相关的三大领域。 传统的消费促进政策，多以补贴、打折等短期刺激为重点。而此次政策着力于绿色消费，通过 需求侧的绿色选择形成强大的市场信号，进而对供给端形成绿色牵引。当消费者普遍倾向于选 择绿色、低碳、可循环的产品时，企业为了赢得市场竞争 ...

Core Viewpoint - The Ministry of Commerce and nine other departments have issued a notice to implement a green consumption promotion action plan, outlining 20 measures across seven areas to systematically arrange green consumption work during the 14th Five-Year Plan period [1] Group 1: Green Consumption Initiatives - The promotion of green consumption is a key strategy for achieving low-carbon development and enhancing economic transformation, aligning with consumption upgrade trends and fostering new growth points [1] - The first measure includes increasing the supply of green agricultural products, with a target of over 88,000 certifications for agricultural products by the end of 2025 and a standardized production area of 20.5 million acres for green food [2] Group 2: Consumer Replacement Policies - The implementation of a large-scale replacement policy for consumer goods is seen as a significant opportunity to promote green consumption, with targets of 18.3 million old cars replaced and 19.2 million old home appliances replaced by 2025, where nearly 60% of the cars will be new energy vehicles [3] - The replacement policies are expected to drive sales of consumer goods amounting to 3.92 trillion yuan, benefiting approximately 494 million consumers [3] Group 3: Green Supply Chain and Resource Utilization - Green consumption is identified as a critical force for economic structural transformation, with significant reductions in logistics time, damage rates, and supply chain costs through green supply chain practices [4] - The promotion of green procurement, products, and packaging, along with the establishment of a green consumption points system, is encouraged to enhance resource efficiency and reduce single-use plastic products [4] Group 4: Waste Management and Circular Economy - The initiative to build "waste-free cities" aims to transform waste materials from a societal burden into urban resources, with plans to support around 200 cities in this effort during the 14th Five-Year Plan period [5] - Future efforts will focus on improving waste disposal processes and supporting the construction of intelligent sorting centers, with local governments encouraged to provide policy support [6] Group 5: Regulatory and Standardization Efforts - The government will accelerate the update of national standards and support participation in international standardization activities related to green fields, while also enhancing the enforcement of regulations against violations in green product labeling and food waste [6]

转自：新华财经 •中国人民银行工作会议：继续实施适度宽松的货币政策 加大逆周期和跨周期调节力度 增强宏观政策前瞻性针对性协同性 •全国外汇管理工作会议：稳妥有序推进银行外汇展业改革 出台境外放款、国内外汇贷款资金管理等政策 •1月6日，上证指数收涨1.5%报4083.67点，刷新逾10年新高，并创史上最长连阳纪录 •2026年中国人民银行工作会议1月5日-6日召开，会议强调，继续实施适度宽松的货币政策，发挥增量政策和存量政策集成效应，加大逆周期和跨周期调节 力度，提升金融服务实体经济高质量发展质效，深化金融改革和更高水平对外开放，增强宏观政策前瞻性针对性协同性，着力扩大内需、优化供给，防范化 解风险、稳定社会预期，为经济稳定增长、高质量发展和金融市场稳定运行营造良好的货币金融环境，为实现"十五五"良好开局提供有力的金融支撑。（新 华财经） •2026年全国外汇管理工作会议在京召开。会议提出，稳步推进外汇领域高水平制度型开放，助力多领域合作共赢。稳妥有序推进银行外汇展业改革，指导 已改革银行向全国范围的分支行扩围，稳步推动更多银行启动改革，加强展业改革与便利化政策融合。出台境外放款、国内外汇贷款资金管理等政策， ...

Group 1 - The Ministry of Commerce announced that the "old-for-new" policy will drive consumer goods sales to reach 3.92 trillion yuan, benefiting 494 million consumers [3] - The policy will include support for the update of commercial facilities and energy-saving equipment, encouraging local governments to provide policy support for sorting center construction [3] - The "14th Five-Year Plan" aims to promote the construction of approximately 200 "waste-free cities" and increase the supply of high-quality green agricultural products [3] Group 2 - The People's Bank of China emphasized the importance of promoting high-quality economic development and reasonable price recovery in its monetary policy considerations [3] - The central bank plans to maintain ample liquidity and relatively loose social financing conditions to align monetary supply growth with economic growth and price level expectations [3] Group 3 - China Satcom issued a risk warning regarding its stock, which has increased by 108.64% since December 3, 2025, significantly outpacing the industry and market indices [5] - The company’s current price-to-earnings ratio stands at 704.09, far exceeding the industry average, indicating a potential risk of a significant price drop [5] Group 4 - Chipsource announced an investment in TianSui Chip Technology, acquiring control of ZhiDian Semiconductor, with a capital increase of 940 million yuan [6] - The company will hold a 40% stake in TianSui Chip Technology, becoming its largest shareholder [6] Group 5 - Aerospace Electronics reported a stock price increase of 123.23% since November 27, 2025, indicating a potential market overheating situation [7] - The stock's trading volume has been significant, raising concerns about the sustainability of its current price level [7] Group 6 - Keda Xunfei is collaborating with over 500 intelligent robot manufacturers, providing AI services based on its multi-modal perception and large model capabilities [7] - The company is positioned as a key player in the robotics industry, partnering with leading firms [7] Group 7 - Zhongtai Co. expects a net profit of 420 million to 480 million yuan for 2025, indicating a turnaround from losses [9] - Lier Chemical anticipates a net profit of 460 million to 500 million yuan, representing a year-on-year growth of 113.62% to 132.19% [9]

Group 1 - The 2026 China Internet Industry Annual Conference will be held in Beijing from January 7 to 8 [1] - Guosheng Technology and Jiamei Packaging will be suspended for verification starting January 7, expected to last no more than three trading days [1] Group 2 - The People's Bank of China emphasized the continuation of a moderately loose monetary policy during the 2026 work conference, utilizing various monetary policy tools to maintain ample liquidity and relatively loose financing conditions [3] - The Ministry of Industry and Information Technology reported 22 apps and SDKs that infringe on user rights, continuing efforts to regulate violations under personal information protection laws [3] - The Ministry of Water Resources announced that water conservancy construction investment reached 1,284.8 billion yuan in 2025, marking four consecutive years of exceeding 1 trillion yuan [3] - The Ministry of Ecology and Environment plans to promote the construction of "waste-free cities" during the 14th Five-Year Plan period, aiming to enhance waste recycling and reuse [3] Group 3 - The domestic public REITs market has seen explosive growth, with 78 products totaling approximately 220 billion yuan, maintaining a similar issuance scale to 2024 [4] Group 4 - The National Development and Reform Commission released a plan for the green transformation of the Chang-Zhu-Tan area, aiming to create a conducive environment for infrastructure, manufacturing, consumption, and technology companies [6] Group 5 - The Ministry of Commerce and nine other departments issued a notice to promote green consumption, encouraging financial institutions to increase support for green consumption loans [7] - The green consumption market in China is beginning to take shape, with the "dual carbon" strategy and public environmental awareness driving the transition [7] Group 6 - TBEA has a comprehensive development capability in wind and solar power generation [8] - Li Er Chemical expects a revenue of 8.8 billion to 9.1 billion yuan for 2025, with a net profit increase of 113.62% to 132.19% [10] - Chip Origin Technology has raised 940 million yuan to acquire control of Zhudian Semiconductor [10] - Chaoying Electronics is increasing its investment in AI high-end printed circuit board expansion from 1.468 billion yuan to 3.315 billion yuan [10] - Zhejiang Xiantong plans to issue A-shares to raise no more than 1.05 billion yuan for smart manufacturing projects and R&D upgrades [10] Group 7 - Axiang Integration has seen net institutional buying of 139 million yuan, with a focus on the semiconductor industry amid geopolitical shifts [14] - Institutions have also net bought shares in Aerospace Electronics, Liou Shares, Goldwind Technology, and others [14]

Core Viewpoint - The Ministry of Commerce and nine other departments have jointly issued a notice to implement green consumption initiatives, aiming to promote green and low-carbon practices across various sectors, thereby injecting green momentum into high-quality economic and social development [2]. Group 1: Green Consumption Environment Optimization - The promotion of green consumption aligns with the trend of consumption upgrades and aims to cultivate new growth points in consumption [3]. - The green consumption market is expanding steadily, driven by the growth of green products such as electric vehicles and smart home appliances, although challenges like inconsistent standards and weak consumer awareness remain [3]. - The notice outlines 20 measures across seven areas to enhance green consumption throughout the entire supply chain [3]. Group 2: New Growth Points in Green Consumption - The initiative includes increasing the supply of green agricultural products, promoting energy-efficient appliances, and enhancing green service consumption [3]. - A green supply chain will be established, encouraging green procurement and innovative sharing models to promote efficient resource utilization [3]. - The plan also emphasizes reducing single-use plastics and promoting recycling of waste materials [3]. Group 3: Green Supply Chain Development - The initiative aims to leverage digital technology to drive the development of green supply chains, focusing on cost reduction and efficiency improvement [6]. - The standardization rate of pallets has reached 37.8%, with an estimated 50 million reusable pallets saving approximately 250 million single-use pallets, equivalent to protecting 50 million trees and reducing carbon emissions by over 2 million tons [6]. Group 4: Collaborative Efforts for Green Consumption - Promoting green consumption requires a collaborative effort from government, enterprises, and consumers [7]. - The Ministry of Agriculture and Rural Affairs is working to increase the supply of high-quality green agricultural products and enhance brand recognition [7]. - The Ministry of Ecology and Environment is focusing on transforming waste materials into valuable resources through initiatives like "zero waste cities" [7]. Group 5: Market Regulation and Standards - The State Administration for Market Regulation is advancing green consumption efforts by updating national standards and supporting international standardization activities [8]. - The administration is also enhancing energy and water efficiency labeling systems and promoting the "green dining" service on internet platforms [8]. - The Ministry of Commerce will guide local efforts in promoting green consumption and share successful practices to further expand green consumption [8].

近日，商务部等九部门联合印发《关于实施绿色消费推进行动的通知》(下称《通知》)，从扩大绿色供 给、壮大市场主体、完善回收体系等7个方面系统部署了20条具体举措，覆盖农产品、家电家装、餐饮 住宿等关键民生领域。这一系统性政策力求通过全链条、多领域的协同发力，推动社会消费模式向绿色 低碳转型，引导形成更可持续的生产生活方式，从而为经济高质量发展注入持久的绿色动能。 传统的消费促进政策，多以补贴、打折等短期刺激为重点。而此次政策着力于绿色消费，通过需求侧的 绿色选择形成强大的市场信号，进而对供给端形成绿色牵引。当消费者普遍倾向于选择绿色、低碳、可 循环的产品时，企业为了赢得市场竞争，就必须在材料选择、生产工艺、能源效率乃至产品报废后的回 收利用等全生命周期环节进行绿色创新与改造。这一过程，将为以科技创新为主导的新质生产力提供应 用场景和市场需求，从而驱动产业整体向高端化、智能化、绿色化升级。 此次绿色消费推进行动，首要着力点在于聚焦基础性民生保障领域，系统化地丰富和优化绿色产品供 给。具体部署了三项重点工作。一是加大绿色、名特优新农产品供应，从源头保障食品安全与生态健 康，推动农业生产方式绿色转型。二是推广高效节能 ...

● 本报记者 欧阳剑环 "手表、手机、平板、电脑仍然都参与补贴，每天早上可以在京通抢'国补'资格，领券后Mate 80标准版 可以立减500元，电脑可以便宜15%，还是比较划算的。"1月6日，北京市西城区一家华为授权体验店工 作人员正忙着给顾客演示"国补"领取流程，"这几天来咨询的顾客特别多。" 这是2026年"两新"政策落地后消费市场升温的一个缩影。随着政策优化实施，以及首批625亿元超长期 特别国债支持消费品以旧换新资金计划下达，"国补"点燃了新年伊始的消费热情。 值得关注的是，2026年"两新"政策精准补贴1级能效或水效标准的家电产品，正引领消费者更多参与绿 色消费。 "元旦期间到店顾客大多会主动询问'国补'，往年他们可能会在1级和2级能效间犹豫纠结，这次'国补'直 接精准补贴1级能效产品，算下来能省不少钱，政策落地后，1级能效家电产品已经成为销售主 流。"Suning Max北京中塔店有关负责人表示。 设备更新优化提质 如果说消费端的热潮是政策红利的直观体现，设备更新领域政策的优化升级则是在投资端为经济发展注 入了持久动力。 在大规模设备更新方面，2026年"两新"政策优化项目申报机制和审核流程，进一 ...