智通财经5月20日午间新闻精选 1、5月贷款市场报价利率（LPR）报价出炉：5年期以上LPR为3.5%，上月为3.6%。1年期LPR为3%，上 月为3.1%。 5、自然资源部总规划师张兵在国新办新闻发布会上表示，将出台更多实用有效的用地政策来助力城市 更新行动。 6、住房城乡建设部副部长秦海翔在新闻发布会上表示，因地制宜配建和完善社区养老、托育等"一老一 小"公共服务设施。 7、市场早盘震荡反弹，创业板指领涨。大小指数走势继续分化，北证50指数涨1.37%创历史新高。港 股午间收盘，恒生指数涨1.29%，恒生科技指数涨1.32%，宁德时代香港上市首日涨近17%。 3、金融监管总局统计与风险监测司司长廖媛媛在国新办发布会上表示，将研究出台专门的城市更新项 目贷款管理办法。 4、国家发改委政策研究室副主任李超表示，内卷式竞争扭曲了市场机制、扰乱了公平竞争秩序，必须 加以整治。 2、中行、农行、工行、建行、交行今日均宣布下调了存款利率。其中活期利率下调5个基点至0.05%； 定期整存整取三个月期、半年期、一年期、二年期均下调15个基点，分别为0.65%、0.85%、0.95%、 1.05%。 ...

Core Viewpoint - The State Administration for Market Regulation has announced ten measures to address "involutionary" competition, focusing on enhancing regulatory enforcement, improving price supervision, and promoting fair competition in various industries [1][2]. Group 1: Strengthening Regulatory Enforcement - Strictly investigate unfair competition violations, including malicious price comparisons, false advertising, and predatory pricing [1]. - Lawfully handle key cases and expose typical violations to create a healthy competitive environment [2]. Group 2: Enhancing Price Supervision - Promote the revision of key laws such as the Price Law and the Anti-Unfair Competition Law [3]. - Develop management measures for online trading platforms and live e-commerce to protect the legal rights of business entities [3][4]. Group 3: Quality Supervision - Increase the frequency of product sampling for online sales to ensure quality assurance for consumers [5]. - Strengthen quality supervision of key products through national oversight checks [6]. Group 4: Combating Infringement and Counterfeiting - Intensify enforcement against infringement and counterfeiting in online sales and live streaming [7]. - Enhance the effectiveness of enforcement against violations of trade secrets and commercial reputation [7]. Group 5: Utilizing Credit Mechanisms - Implement a system to list businesses that engage in serious violations leading to "involutionary" competition on a blacklist [8]. - Explore positive incentive mechanisms for credit compliance to improve overall market credit levels [9]. Group 6: Supporting Industry Upgrades - Revise national standards in key sectors such as photovoltaics, batteries, and new energy vehicles [10]. - Promote the transition of recommended national standards to mandatory ones and enhance the "leader" standard system for enterprises [10]. Group 7: Market Diversification Support - Accelerate the opening of high-level certification and recognition actions to encourage international business development [11]. - Implement international standardization initiatives to align national standards with international systems [12]. Group 8: Fair Competition Review - Promote the implementation of the Fair Competition Review Regulations and enhance the complaint handling mechanism [14]. - Conduct nationwide reviews to address the abuse of administrative power that restricts competition [14]. Group 9: Encouraging Industry Self-Regulation - Strengthen antitrust reviews in relevant sectors and support mergers to enhance operational efficiency [15]. - Organize events to promote fair competition policies and create a culture of integrity and compliance [15]. Group 10: Improving Compliance Management - Promote the implementation of national standards for fair competition compliance management [16]. - Facilitate regular communication between government and enterprises to address practical challenges [16].

Core Viewpoint - The government work report emphasizes the need to boost domestic demand and consumption as a primary strategy for economic growth, with a GDP growth target of around 5% for the year [1][3][9] Economic Growth Targets - The GDP growth target is set at approximately 5%, balancing the need for employment stability, risk prevention, and improved living standards, while aligning with long-term development goals [3][4] - The report indicates that achieving a 5% growth rate is feasible due to a large domestic market and recent positive economic indicators [4][11] Fiscal Policy and Debt Management - The fiscal deficit rate is proposed at around 4%, with a total new government debt scale of 11.86 trillion yuan, reflecting a significant increase in fiscal spending to support economic growth [6][7][8] - The report outlines plans for issuing special bonds and local government bonds to finance infrastructure and support consumption [6][10] Consumption and Domestic Demand - The report prioritizes boosting consumption and investment efficiency, aiming to make domestic demand the main driver of economic growth [9][11] - Specific measures include implementing special actions to enhance consumption, improving the consumption environment, and increasing residents' income [9][12] Investment Strategies - The government plans to enhance effective investment by focusing on key projects and ensuring proper funding allocation to prevent inefficient investments [10][11] - The report emphasizes the importance of private investment and encourages public-private partnerships in infrastructure and social services [10][16] Reforms and Market Environment - The report highlights the need for significant reforms to create a fair and vibrant market environment, particularly in supporting the private economy and improving the fiscal and tax systems [14][15][16] - It stresses the importance of addressing barriers to market entry and competition, particularly in the context of "involution" in various industries [18][19] Future Industries and Technological Development - The government work report outlines plans to advance future industries, particularly in artificial intelligence and digital economy sectors, to enhance consumer experiences and drive economic growth [20][21] - There is a focus on integrating new technologies into traditional industries to create new employment opportunities and stimulate economic activity [20][21]