国家能源局今天发布的最新数据显示，2025年，我国全社会用电量首次突破10万亿千瓦时。这一数字在全球单一国家中尚属首次，相当于美国全年用电量的 两倍多，超过欧盟、俄罗斯、印度、日本四个经济体的年用电量总和。我们如何看待这一数据？超10万亿度电究竟用在了哪里？代表了怎样的趋势？ 2025年我国全社会用电量 同比增长5.0% 数据显示，2025年，全社会用电量累计103682亿千瓦时，同比增长5.0%。其中： 第一产业用电量1494亿千瓦时，同比增长9.9%； 第二产业用电量66366亿千瓦时，同比增长3.7%； 第三产业用电量19942亿千瓦时，同比增长8.2%； 城乡居民生活用电量15880亿千瓦时，同比增长6.3%。 10万亿度电，这一数字是2015年我国全年用电量的约2倍，实现了跨越式增长。再从全球维度对比，10万亿度电相当于美国全年用电量的两倍多，超过欧 盟、俄罗斯、印度、日本四个经济体的年用电量总和。再拆解到具体场景，这一数字更显震撼。 按每小时计算，超过1.1亿度电流入生活的每一个角落；按每秒计算，流经电网的电能足以点亮江苏南京这样的大型城市。 以三口之家年用电量3000度为标准，10万亿度电可满足 ...

2 0 2 5年1 2月2 8日，2 0 2 5第七届中国母基金5 0人论坛在京召开。本届论坛由母基金研究中心 （www. c h i n a -f o f. c om）主办，汇聚了来自政府部门、行业协会、国内主流母基金、保险资 管、银行AIC、知名投资机构、产业集团及学术界的3 0 0余位代表，为中国母基金行业建言献 策。 在主题演讲环节，国务院发展研究中心金融所副所长陈道富发表了题为《开局之年的政策选 择》的演讲。他从宏观战略、政策取向与投资变局三个维度，深入剖析了 "十五五"开局之年所 面临的复杂形势与核心任务，并特别就投融资体制的深层变革提出了前瞻性见解。 母基金研究 中心整理出演讲核心内容，供行业内人士参考交流： 陈道富首先指出，理解 2 0 2 6年的政策选择，必须将其置于"十五五"规划的宏大框架与中国式 现代化的长远目标之下进行审视。 " 十五五 "规划的灵魂是确定的"十五五"时期的历史方位。 其中， "承前启后，取得重大进展" 确定了 "十五五"规划的 时代方位 。 "承前启后"一词蕴含 深意，它表明国家的 整体 思路、政策框架和重大任务部署保持了高度的稳定性与连贯性，是 在 三个五年计划实现 ...

Core Viewpoint - The ongoing trade friction between the US and China has significantly raised the barriers to entry in global manufacturing, leading to a reconfiguration of the industrial landscape, where only countries with comprehensive systems can thrive [1][20][29]. Group 1: Trade Friction and Its Impact - The trade conflict initiated in 2018 has escalated from tariffs on steel and aluminum to a potential 145% tariff on various goods, indicating a shift towards hard decoupling [2][9]. - The global supply chain has been disrupted, altering the logic of manufacturing and increasing costs, particularly in the US where labor and infrastructure issues persist [4][5][6]. - Countries like India and Vietnam face significant challenges in becoming viable alternatives to China due to systemic inefficiencies and infrastructural limitations [7][8][15]. Group 2: China's Resilience and Transformation - China has not retreated in the face of trade friction; instead, it has deepened its industrial transformation, achieving full industrial chain coordination by 2025 [13][21]. - The integration of advanced technologies such as AI and digital economy practices into manufacturing processes has become standard in Chinese factories, enhancing productivity and global competitiveness [10][31][39]. - China's ability to maintain a robust export figure of $524.7 billion to the US in 2025 is attributed to technological integration rather than low-cost dumping [13][31]. Group 3: Global Manufacturing Landscape - The competition in global manufacturing has shifted from merely low labor costs to a comprehensive evaluation of system integration capabilities, including energy stability, skilled labor, and financial support [10][24][35]. - The rise of multi-currency settlements among Southeast Asian countries reflects a pragmatic shift away from reliance on the US dollar, driven by the need for risk mitigation [11][18][37]. - The industrial landscape is consolidating around countries that can provide complete ecosystems for manufacturing, with China being a prime example due to its extensive supply chain and infrastructure [24][29][39]. Group 4: Future Outlook - The next decade is expected to see a continuation of manufacturing not "de-China-izing" but rather "in China+" as companies seek efficiency and responsiveness in their supply chains [26][29]. - The barriers to entry in manufacturing have risen, making it increasingly difficult for new players to compete without a comprehensive set of capabilities [24][34]. - The focus will shift towards green manufacturing, AI integration, and circular economies, with China positioning itself as a leader in these emerging fields [39].

1月16日，省委常委会召开会议，传达学习1月8日中央政治局常委会会议精神，听取省人大常委 会、省政府、省政协、省高级人民法院、省人民检察院党组工作汇报，讨论省两会有关文件。省委书记 赵一德主持会议。 会议强调，今年是中国共产党成立105周年，是"十五五"开局之年。省人大常委会、省政府、省政 协、省高级人民法院、省人民检察院党组要始终坚持和加强党的全面领导，坚持不懈用习近平新时代中 国特色社会主义思想凝心铸魂，深刻领悟"两个确立"的决定性意义，增强"四个意识"、坚定"四个自 信"、做到"两个维护"，始终在思想上政治上行动上同以习近平同志为核心的党中央保持高度一致，不 折不扣把党中央各项决策部署落到实处。要锚定谱写陕西新篇、争做西部示范战略使命，落细落实省委 十四届九次全会和省委经济工作会议部署，持续深化改革开放创新，加快建设教育强省、科技强省、人 才强省、文化强省，大力发展县域经济、民营经济、开放型经济、数字经济，同心协力推进各领域工 作，奋力实现"十五五"良好开局。要牢固树立和践行正确政绩观，深入践行全过程人民民主，坚持为人 民出政绩、以实干出政绩，更好为群众排忧解难、为企业纾困帮扶、为基层减负赋能。要认真履 ...

Core Insights - The report indicates a slight growth in mobile internet traffic in Q3 2025, with user behavior shifting towards low-frequency deep usage. Monthly active devices reached 1.452 billion, a 0.83% increase from Q2 2025. Daily usage frequency decreased by 2.9% to 59.8 times, while usage duration increased by 2.3% to 282.9 minutes, indicating deeper user engagement [1][2][6]. User Changes - The proportion of unmarried users increased to 32.7%, up 1.39% year-on-year, with growth driven by the unmarried demographic in mid-to-high tier cities. Users aged 35 and below accounted for 49.1% of the total, with a 4.2% increase in users from second-tier cities and above [2][8]. - User preferences vary significantly by age, with younger users (post-2000s) favoring gaming and entertainment, while those aged 25-30 lean towards parenting and family content [2][16]. Industry Changes - The food delivery sector saw a temporary surge in traffic due to intense competition among major players, but growth momentum has weakened post-surge. The travel sector continues to show strong demand, with a 15% year-on-year increase in usage duration [3][61]. - Artificial intelligence applications are experiencing rapid growth, with monthly active users reaching 470 million and a year-on-year increase of 321% in user scale, reflecting high market demand and acceptance [3][37]. - The gaming service sector is facing overall decline, with intensified competition among existing players, although MOBA and shooting games are experiencing growth [4][76]. APP Changes - In September 2025, the top three apps with over 100 million monthly active users were Railway 12306, Doubao, and Quanmin K Ge, while the top three apps with over 50 million monthly active users included Tencent Yuanbao, Soda Music, and Zhuanzhuan [5][81][82].

（来源：新华日报） □ 新华社记者 戴小河 王悦阳 面对总量攀升与结构升级带来的双重电力负荷考验，电力系统的平稳有序运行，成为守护这10万亿千瓦 时"成绩单"的关键支撑。目前，我国已构建起"电源-电网-需求"三侧协同发力的保供体系： 中国电力企业联合会常务副理事长杨昆指出，宏观经济稳中向好的基本面，为用电增长筑牢了坚实根 基，而持续高温天气叠加终端电气化水平的提升，则进一步拉动了生活用电需求的攀升。正是这两股力 量的交织，让2025年7月、8月连续两个月全社会用电量突破万亿千瓦时，创下全球范围内的新纪录。 更值得关注的是，年用电量从5万亿千瓦时到10万亿千瓦时，我国仅用了十余年时间，这样的增长速度 在全球主要经济体中绝无仅有，既印证了我国作为制造业大国的发展底色，也折射出能源保障能力的全 面提高。 当前，随着新质生产力加速落地，高端制造业正成为拉动用电增长的核心引擎。 2025年新能源车、风电设备制造领域用电量增速分别超过20%和30%；与此同时，数字经济与新兴技术 的迅猛发展，催生了一批新的用电增长点，充电桩、5G基站等新型基础设施建设提速，带动互联网和 相关服务业用电量同比增长超30%，充换电产业用电量增 ...

"我国用电规模稳居全球首位，2025年7月、8月连续两个月全社会用电量突破万亿千瓦时，这在全球也 属首次。"中国电力企业联合会常务副理事长杨昆介绍，2025年，随着新质生产力积极发展，高端制造 业、数字经济与新兴技术等领域用电需求快速增长，风电设备制造业、互联网和相关服务业用电量同比 增长均超过30%，充换电产业用电量增速接近50%。用电结构的新变化、电力消费的新场景，折射出产 业结构正向高技术、高附加值方向加速转变，新兴产业活力释放，为经济增长注入动能。 （文章来源：人民日报） 本报北京1月17日电记者从国家能源局获悉：2025年，我国全社会用电量首超10万亿千瓦时，累计 103682亿千瓦时，同比增长5.0%，这在全球单一国家中尚属首次。 分产业用电看，第一产业用电量1494亿千瓦时，同比增长9.9%；第二产业用电量66366亿千瓦时，同比 增长3.7%；第三产业用电量19942亿千瓦时，同比增长8.2%；城乡居民生活用电量15880亿千瓦时，同 比增长6.3%。第三产业和城乡居民生活用电对用电量增长的贡献达到50%。 ...

Group 1 - The core viewpoint of the articles highlights that China's total electricity consumption is projected to exceed 10 trillion kilowatt-hours for the first time in 2025, reaching 10.4 trillion kilowatt-hours, which represents a year-on-year growth of 5% [1][2] - This electricity consumption figure is more than double that of the United States and surpasses the combined annual electricity consumption of the European Union, Russia, India, and Japan [1] - The increase in electricity demand is attributed to a combination of steady economic growth and multiple rounds of high-temperature weather, which have significantly boosted residential electricity needs [1] Group 2 - In 2025, the electricity consumption by different sectors is projected as follows: primary industry at 149.4 billion kilowatt-hours (up 9.9%), secondary industry at 6,636.6 billion kilowatt-hours (up 3.7%), tertiary industry at 199.4 billion kilowatt-hours (up 8.2%), and urban and rural residential electricity consumption at 158.8 billion kilowatt-hours (up 6.3%) [1] - The rapid growth in electricity demand is particularly noted in high-end manufacturing, digital economy, and emerging technologies, with electricity consumption in wind power equipment manufacturing, internet, and related services increasing by over 30%, and the charging and swapping industry seeing nearly 50% growth [2] - These changes in electricity consumption patterns reflect the ongoing optimization of China's economic structure and the accelerated upgrading of traditional industries, further confirming the positive, green, and new development trends in the economy [2]

Core Viewpoint - The Yunnan Provincial Government has issued a revised management method for development zones to standardize their management and promote high-quality development, aiming to transform these zones into demonstration areas for the high-quality development of the real economy [1][2]. Group 1: Development Zone Management - The management method consists of 7 chapters and 44 articles, covering the establishment, adjustment, planning, construction, management, operation, industrial development, and service guarantees of development zones [1]. - Development zones are defined as areas approved by the State Council or provincial government, primarily focused on manufacturing and productive services, including various types of economic and technological development zones [1]. - New development zones must align with national development strategies, land spatial planning, and ecological environment standards, with a principle that each county (city, district) should have no more than one development zone [1][2]. Group 2: Industrial Development and Management Models - Development zones should focus on manufacturing while gradually separating from social affairs management, exploring various management models such as "management committee + public institution + enterprise" and "platform + market-oriented" [2]. - Each development zone should have no more than three leading industries to avoid homogeneous competition, and investment attraction should focus on enhancing the industrial chain [2]. - New projects must meet or exceed the average investment intensity and revenue of similar existing projects, with strict adherence to negative lists for entry and environmental, energy consumption, and safety standards [2]. Group 3: Service and Support Measures - The provincial government will provide streamlined administrative services for business entities and facilitate housing, medical care, and education for qualified talents [2]. - Development zones will be assured reasonable land use for key projects, promoting flexible supply methods such as "standard land" transfer for industrial use [2]. - The government encourages social capital participation in the construction and operation of development zones [2].

Core Insights - China's total electricity consumption has reached a historic milestone of 10.4 trillion kilowatt-hours in 2025, marking a 5% year-on-year increase, which is more than double the annual electricity consumption of the United States and exceeds the combined total of the EU, Russia, India, and Japan [1][3]. Group 1: Understanding the Scale of Electricity Consumption - The figure of 10.4 trillion kilowatt-hours translates to nearly 7,500 kilowatt-hours per person annually for China's 1.4 billion population, sufficient for an average household to use continuously for over 60 years [3]. - This consumption level is double that of China's total electricity usage in 2015, indicating a significant growth over the past decade [3]. Group 2: Drivers of Electricity Consumption Growth - The surge in electricity consumption is primarily driven by three key factors: the strong performance of emerging industries, increased residential consumption, and robust green electricity supply [5]. - Emerging industries, particularly high-tech and equipment manufacturing, have seen substantial electricity consumption growth, with electric vehicle manufacturing exceeding 20% and wind energy equipment manufacturing surpassing 30% [6]. - Residential electricity consumption has increased by 6.3% due to the rise of smart appliances and electric vehicles, while the recovery in the service sector, including tourism and dining, has contributed to an 8.2% increase in electricity usage [7]. - The share of green electricity is also rising, with wind and solar power installations expected to reach approximately 370 million kilowatts, accounting for 22% of total electricity generation [8]. Group 3: Implications for Global Energy Landscape - China's record electricity consumption not only signifies a numerical achievement but also reshapes multiple energy dynamics, showcasing the strength of its power system with a total installed capacity of 3.8 billion kilowatts and a reliability rate of 99.924% [9]. - From a global perspective, China is becoming the core engine of electricity demand growth, contributing significantly to the expected 4% annual increase in global electricity demand over the next three years, with emerging economies accounting for 85% of this growth [9]. - The increase in green electricity supply offers a "Chinese solution" for global energy transition, exemplified by the cross-regional transmission of green electricity from Inner Mongolia to Hainan [9].