Core Insights - Cybersecurity insurance is an emerging insurance type that provides coverage against cybersecurity risks, playing a crucial role in the construction of a socialized cybersecurity service system [1] - The first batch of cybersecurity insurance service pilot work in China has been successfully completed, with over 1,500 policies issued to enterprises, totaling more than 150 million yuan in premiums and nearly 11.5 billion yuan in coverage [1] - The rise of cybersecurity insurance is a natural outcome of the digital economy, as both enterprise data and personal information are potential targets for cyberattacks [1] Group 1: Policy and Market Development - In July 2023, the Ministry of Industry and Information Technology and the Financial Regulatory Bureau jointly issued the first policy document for the cybersecurity insurance sector, promoting its healthy development [2] - By March 2024, the Ministry released a directory of 49 typical cybersecurity insurance service plans, including 36 for enterprises and 13 for product services, involving 11 insurance companies and 2 insurance intermediaries [2] - New service models targeting key industries are emerging, such as comprehensive cybersecurity insurance solutions that address risks from DDoS attacks and data breaches [2] Group 2: Product Diversity and Challenges - As of the end of 2024, 53 insurance companies have registered 341 cybersecurity insurance products, with 56 new products introduced in 2024, covering innovative areas like software supply chain liability [3] - Despite the growth, the market faces challenges such as a lack of data on cybersecurity risks, which complicates accurate pricing and leads to product homogeneity [4] - The complexity of cyberattacks makes claims processing difficult, with indirect losses like business interruption and reputational damage being hard to quantify [4] Group 3: Data and Market Cultivation - Data is fundamental for the development of cybersecurity insurance, with the Ministry emphasizing the need for improved cybersecurity service platforms and data sharing mechanisms to support accurate pricing [5] - Industry experts highlight the necessity for multi-stakeholder collaboration to promote market development, suggesting that key infrastructure operators and public sectors should integrate cybersecurity insurance into their security frameworks [6]

央广网北京7月3日消息（记者 黄昂瑾）7月2日，2025全球数字经济大会在北京开幕。在当天下午举行的数字技术投资与跨境协同创新专题论坛上，北京市 经济和信息化局党组成员、副局长唐建国用一组数据描绘了北京数字经济发展的强劲势头：目前，北京数字经济增加值占GDP比重已突破四成；在北京证券 交易所的上市公司中，数字经济企业占比已经超过了40%；北京数字经济企业已在全球30多个国家和地区开展了业务合作，在人工智能、云计算、数字医疗 等领域形成了一批具有示范意义的国际合作项目…… 2025全球数字经济大会数字技术投资与跨境协同创新论坛现场。（央广网记者黄昂瑾 摄） "今年以来，我们进一步优化创投政策环境，推动设立多个百亿级的产业基金，重点支持硬科技领域的创新突破。"唐建国表示，资本市场服务科技创新的动 能日益显现。 从具体实践案例来看，北京市朝阳区在去年全球数字经济大会上正式启动"雨燕行动"，旨在联合各国驻华使馆、国际科技组织、知名投资机构、金融机构和 各类生态伙伴共建全场景科技出海服务矩阵。截至目前，朝阳区已建成12个国际科技服务站点，覆盖欧洲、亚太、中东等多个地区。其中，中国银行北京市 分行作为朝阳区金融服务团团长 ...

央视网消息：为期4天的2025全球数字经济大会7月2日在北京开幕。围绕人工智能融合应用、数字安全、数据要素重要领域以及数 字医疗等新兴赛道，将举办50多场论坛和特色活动，"北京数字经济体验周"同步启动。全球数字经济大会，已成为推动数字经济产 业国际合作，助力全球数字经济共创、共享、共生的重要平台。 "天枢"神经系统疾病AI大模型、天工超级智能体……大量新技术、新产品现场"首发首秀"，彰显中国数字技术发展再提速。 信息领域部分核心技术创新突破，人工智能、云计算、大数据、区块链、量子信息等新兴技术跻身全球第一梯队。2024年，全球新 公开生成式人工智能专利4.5万件，中国占比达61.5%。 构建新平台 成立全球数字经济城市联盟 大量数字新技术新产品"首发首秀" 北京携手来自欧洲、北美、亚太、中东及拉美等地区的40余个伙伴城市，成立全球数字经济城市联盟。聚焦数字基础设施建设、跨 境数据治理、智慧城市应用等关键议题，标志着数字经济合作迈向多边协同并升级为机制化运作。 中国自主创建的全球科技文献数据平台宣布上线，平台引入了"学者成果解读"和"综述自动生成"两大AI功能，相当于给每个用户配 备了"AI助手"。上线后，数据 ...

对于7月流动性，长江固收分析认为有望延续偏宽松表现。一方面，7月作为季初月份非传统信贷大月，且同业存单到期规模较6月 明显下行；另一方面，在贸易摩擦带来外部不确定性背景下，央行资金投放预计将保持呵护状态。不过，随着资金利率下行，银 行间债市杠杆率走高至108%以上水平，资金面进一步宽松空间有限。 央行货币政策委员会召开2025年第二季度例会，明确下阶段将加大货币政策调控强度，提高调控前瞻性、针对性、有效性。保持 流动性充裕，引导金融机构加大货币信贷投放力度，强化央行政策利率引导，推动社会综合融资成本下降，防范资金空转，稳定 人民币汇率。 在政策工具方面，新型政策性金融工具呼之欲出。多地密集召开政策宣讲会或对接会，相关实施方案已征求意见，资金额度或为 5000亿元，投向领域涵盖数字经济、人工智能、水利工程等多领域。 6月24日，央行开展3000亿元MLF操作，本月有1820亿元MLF到期，MLF净投放达到1180亿元，为连续第4个月加量续作。叠加买 断式逆回购操作，6月中期流动性净投放总额达3180亿元。专家表示，下半年央行或持续超额续做到期MLF，并结合买断式逆回购 操作，合理补充中期流动性。 【环球网财经综 ...

论坛现场举行两项发布活动，东城区副区长邓慧敏推介了东城区数字经济高质量发展布局及政策，聚焦 算力、大模型与产业融合，释放政策引力。北京市东城区新智算力与大模型研究院正式揭牌。 在主旨演讲环节，7位行业领军人物呈现了各自领域的硬核实践。中国信息协会算力网专委会主任梅建 平呼吁避免"百模大战"式低效投入，聚焦"东数西算"工程与超算协同，推动算力如电力普惠可及。圆桌 对话环节，7位来自高校、企业、服务机构和投资机构的嘉宾聚焦"构建产业生态，合作共赢新范式"展 开深入讨论。 本次专题论坛特设"数字经济体验区"。来自东城区内外的7家创新企业集中展示了各自创新技术与解决 方案，参会者可沉浸式感受未来体验。 编辑 白爽 校对 陈荻雁 新京报讯（记者陈琳）7月3日，2025全球数字经济大会专题论坛"国央企数智化转型 链通产业新质生产 力"在东城区王府中心召开。论坛上，北京市东城区新智算力与大模型研究院正式揭牌。该研究院由东 城区政府联合金隅集团等20余家单位共建，定位"政产学研用金服"七位一体创新联合体。 7月3日，2025全球数字经济大会专题论坛"国央企数智化转型 链通产业新质生产力"召开。新京报记者 王贵彬 摄 本次论坛 ...

Group 1 - The China Central Enterprise Innovation Driven Index (000861) decreased by 0.13% as of July 3, 2025, with mixed performance among constituent stocks [3] - The top-performing stocks included Shenzhen South Circuit (002916) up 7.32%, and Guangxun Technology (002281) up 2.21%, while China Haifang (600764) led the decline at 6.09% [3] - The Central Enterprise Innovation Driven ETF (515900) fell by 0.14%, with a latest price of 1.46 yuan, and has seen a cumulative increase of 0.83% over the past week [3] Group 2 - The National Bureau of Statistics emphasized the importance of cities in advancing digital China, focusing on the integration of urban governance modernization and industrial system modernization [4] - Huayuan Securities noted a clear valuation recovery for central state-owned enterprises, particularly in the construction sector, benefiting from stable dividends and governance optimization [4] - The latest scale of the Central Enterprise Innovation Driven ETF reached 3.357 billion yuan, marking a one-month high and ranking in the top quarter among comparable funds [4] Group 3 - The Central Enterprise Innovation Driven ETF has seen a net value increase of 5.46% over the past two years, with a maximum monthly return of 15.05% since inception [5] - The ETF's average return in rising months is 3.97%, with a historical three-year profit probability of 97.49% [5] - The management fee of the ETF is 0.15%, and the custody fee is 0.05%, making it the lowest among comparable funds [5] Group 4 - The Central Enterprise Innovation Driven Index is composed of 100 representative listed companies evaluated for innovation and profitability, with the top ten stocks accounting for 34.87% of the index [6] - The top ten weighted stocks include Hikvision (002415) and China Southern Power Grid (600406), among others [6]

Group 1 - The 2025 Global Digital Economy Conference opened in Beijing on July 2, lasting for four days, focusing on artificial intelligence applications, digital security, data elements, and digital healthcare, with over 50 forums and special events planned [1] - The "Beijing Digital Economy Experience Week" was launched alongside the conference, featuring a 6,000 square meter digital complex with more than ten themed exhibition areas, allowing visitors to experience the latest technological achievements from over 50 tech companies in an immersive manner [4] - The event includes a realistic 1:1 simulation of the C919 aircraft cockpit, with interactive instrument panels and a visual system that provides a real-time view of flight conditions, allowing participants to experience various weather impacts on flying [5][8] Group 2 - The exhibition features various scientific experimental devices in the aerospace technology field, such as wind tunnel testing and ultrasonic levitation demonstrations, creating a mixed-reality learning environment through LBE large space positioning technology [8] - Interactive projects that combine digital technology with cultural creativity, such as AI voice picture book creation and AR cultural relic tours, attracted many visitors at the event [11] - The goal of the 2025 Digital Economy Experience Week is to make digital technology experiential and consumable, focusing on the inclusive nature of digital technology, integrating it into consumer scenarios to allow citizens to intuitively feel the transformative impact of digital technology on life and culture [13]

Core Viewpoint - The Director of the National Data Bureau, Liu Liehong, emphasizes the importance of deepening the circulation and utilization of data resources and the market-oriented allocation of data elements to drive high-quality urban development and governance [1] Group 1: Urban Digital Transformation - Regions like Beijing are actively promoting comprehensive digital transformation, integrating data circulation and utilization throughout urban planning, construction, and operation processes to enhance economic vitality and governance levels [1] - The goal is to achieve high-quality development, efficient governance, and improved quality of life through coordinated urban digital transformation [1] Group 2: Data Resource Utilization - There is a focus on solidifying the development foundation by using cities as comprehensive carriers for advancing digital China, leveraging the multiplier effect of data elements [1] - The initiative aims to strengthen the synergy between technology and mechanisms, creating a unified digital infrastructure and data platform [1] Group 3: Application Orientation - The application-oriented approach highlights the critical role of data elements and digital technologies in urban emergency management, aiming to build more resilient urban lifelines [1] - The strategy includes promoting deep integration of industry and urban governance modernization through digital transformation [1] Group 4: Data Resource Reform - The continuous enrichment and aggregation of urban data resources are essential for deepening the circulation and utilization of data resources and reforming the market-oriented allocation of data elements [1] - This approach is expected to support innovative development in the digital economy, creating a virtuous cycle that better facilitates high-quality urban development [1]

数字经济正在突破时空局限和产业界限，加速向经济社会各领域广泛渗透和覆盖，成为经济发展新引 擎。"十四五"时期，党中央、国务院作出一系列战略部署，出台一批重大政策，推动我国数字经济发展 取得显著成就，为经济社会高质量发展注入强劲动能。在国家战略布局和系列政策支持下，中国领先的 精准撮合解决方案提供商——量化派以自身独特的发展理念与强大的技术服务能力脱颖而出。 量化派创立于2014年，秉承"数字驱动世界，智能点亮生活"的使命，依托领先的闭环场景化服务能力、 模块化运营能力、规模化商品及服务输出能力，为多行业提供场景化数字赋能服务，帮助其实现场景、 科技、流量、运营、商品及服务的数字化深度融合。 量化派自主研发的技术平台量星球，通过整合深度学习、自然语言处理等前沿技术，构建了覆盖智能决 策、精准营销、智能客服等五大模块的一站式解决方案，为零售、金融等领域提供数字化支持。 在创始人兼CEO周灏博士的卓越领导下，其研发团队实力与知识产权积累颇为亮眼。公司的研发团队由 量化派创始人兼CEO周灏博士领导，主要管理人员是拥有逾15年研发经验的首席技术官周强先生。截至 2024年6月30日，公司研发团队包括58名技术人员，占雇 ...

英大证券研究所证券研究报告 金 点 策 略 晨 报 2025 年 7 月 3 日 市场有望延续震荡上行态势，关注结构性投资机会 分析师：惠祥凤 执业证书编号：S0990513100001 电话：0755-83007028 邮箱：huixf@ydzq.sgcc.com.cn 总量视角 【A 股大势研判】 周三 A 股市场全天呈现缩量调整态势，沪深三大指数表现分化，黑色系及银 行股上涨支撑大盘，海洋经济与光伏等板块的强势，反映出政策导向与行业基本 面或有改善对市场的驱动作用，半导体及军工概念股出现回调，则凸显市场对板 块短期涨幅与资金流向变化的敏感，整体上，市场呈现沪强深弱格局。 7 月，A 股市场有望延续震荡上行态势，但面临多重扰动。政策持续发力与 中报业绩披露为市场提供支撑，业绩确定性高的行业将受青睐；海外美联储货币 政策、地缘政治及中美关系变化仍是主要扰动因素。市场或在政策面与基本面的 博弈中震荡前行，需关注风格切换与板块轮动带来的结构性机会。 我们认为，市场站上 3400 点后，市场相对活跃度有所提升。进入 7 月，随 着市场情绪回暖，A 股有望形成"金融搭台、成长唱戏"的均衡风格。金融板块凭 借低估值和 ...