工业和信息化部有关负责人表示，窗口主要受理4类问题： 记者了解到，近期，一汽、东风、广汽、赛力斯等17家重点车企陆续作出"供应商支付账期不超过60天"的公开承诺，社会反响良好，相关承诺如何进一步落 实兑现备受社会关注。 中汽中心中国汽车战略与政策研究中心主任 王铁： 本次开通窗口的目标非常明确，目的就是要受理中小企业收款周期的问题，推动重点车企改进管理流程、 优化支付方式。这一举措通过打通中小企业诉求的反馈渠道，督促重点车企履行账期承诺等方式，将有效推动《保障中小企业款项支付条例》落在实处，增 强中小企业的信心和发展活力，对构建更加健康、公平、诚信的汽车产业生态至关重要。 下一步，工业和信息化部将指导行业机构研究制定汽车行业结算支付规范，推行合同范本，进一步规范汽车企业供应商货款支付流程，推动构建"整车—零部 件"协作共赢发展生态，促进汽车产业健康可持续发展。 此前，据新华社报道，如何看待汽车企业承诺？推动构建"整车—零部件"协作共赢发展生态，将会采取哪些措施？工业和信息化部相关负责人回答了记者问 题。 这位负责人说，汽车企业主动承诺"支付账期不超过60天"，对构建"整车—零部件"协作共赢发展生态、促进产业健 ...

Group 1 - As of now, 133 provincial-level development zones in Anhui have established 76 AA-level and above platform companies, with 84 having implemented the dual separation of social affairs management and development operations, and 126 adopting the "management committee + company" reform model [1] - The provincial-level development zones have been granted 133 economic management items, facilitating the transfer of social functions such as land acquisition and social stability to local townships [2] - The implementation of the "management committee + company" operational mechanism aims to enhance service capabilities of platform companies and promote high-quality industrial development [3] Group 2 - The introduction of a performance evaluation system that breaks traditional identity frameworks allows for salary adjustments based on job roles and performance, thereby eliminating the "big pot rice" distribution model [4] - Through institutional innovation and market-oriented reforms, the development zones across the province are accelerating their transformation towards high-quality development [5]

Group 1 - The ChiNext 50 Index has increased by 0.75% as of July 9, 2025, with notable gains from stocks such as AVIC Chengfei (+3.89%), JinkoSolar (+3.40%), and CATL (+2.68%) [1] - The ChiNext 50 ETF (159373) has seen a trading volume of 9.57 million yuan with a turnover rate of 3.11% [1] - Since its inception, the ChiNext 50 ETF has recorded a highest monthly return of 9.54% and an average monthly return of 5.11% during rising months [1] Group 2 - The top ten weighted stocks in the ChiNext 50 Index account for 64.62% of the index, with CATL holding the largest weight at 25.88% [3] - The sectors leading the gains include steel, new energy, building materials, media, communication, and electronics, driven by the "anti-involution" trend and AI industry growth [3][4] - The "anti-involution" trend is expected to improve corporate profitability and attract more long-term capital into the market, with high-quality stocks likely to drive index breakthroughs [3] Group 3 - The AI sector is identified as a key driver of the current technological revolution, creating investment opportunities across multiple industries in the A-share market [4] - Investors can access investment opportunities through the corresponding ChiNext 50 ETF linked fund (023429) [5]

记者丨 董静怡 编辑丨朱益民 站在2025下半年的起点回看国内电商行业，"618"大促早已结束，但留给行业的追问却依然亟待解答。在用户流量红利减少、竞争环境日趋激 烈等诸多挑战下，电商行业已进入关键转型期，平台高质量发展之路向何方？如何更好地推动行业转型？ 6月25日，"2025电商消费新生态：高质量发展路径探索"研讨会在上海举办。本次研讨会由南方财经全媒体集团指导，21世纪经济报道主办， 与多位电商、消费领域专家探讨：新形势下消费的最新趋势，以及如何促进电商行业的高质量发展。 知名电商专家邵明这些年主要研究农村电商，常年奔走在田间地头的他也认为，这些年在电商平台的帮助下，尤其农产品的销售半径迅速扩 大，这不只意味着有销路，还起到了稳定价格的作用，让农户有了稳定、可预期的收入，"有一年洛川苹果减产了，产值却上来了，因为他们 以前从未将苹果卖到海南，现在通过平台卖到那里，而且价格也不错。" 邵明表示，拼多多等新电商平台的出现，让很多偏远地区的农产品突破了供应半径，延伸了服务半径，改善了工业品下行和农产品上行的双向 过程。他认为，随着新消费的涌现，在平台新技术和新服务的赋能下，农村电商仍然大有可为，新电商与实体经 ...

反内卷，怎么反？ 总量联合行业投资机会全解析 20250708 摘要 当前反内卷政策强调结构性调整，旨在通过提高高质量供给比例实现产 业升级，与 2016 年钢铁、煤炭行业去产能政策不同，后者主要解决周 期性供求失衡，而当前问题更多是结构性的，有质量好的供给不足，有 质量差的供给过剩。 新修订的《反不正当竞争法》增加了关于治理内卷式竞争的规定，明确 禁止地方政府违法违规补贴行为，并要求严格执行公平条例，加强对低 价、低质产品及偷工减料等行为的监管，规范市场环境。 2023-2024 年中国工业用电量增长远快于工业增加值，但目前工业增 加值在增长，用电量在下降，表明投资放缓，产能出清顺应时局。传统 行业如钢铁、化工可能通过自发出清和政府帮助改善供给格局。 光伏产业面临硅料环节产能过剩、全产业链亏损销售等挑战。监管层可 能加强对低价销售的惩罚措施，并关注硅料产能收储整合平台公司的设 立。风电、储能、新能源车等子行业也有望受益。 Q&A 反内卷政策的背景和主要目标是什么？ 反内卷政策的背景源于 2025 年 7 月 1 日召开的二十届第六次财经委会议，会 议的主要议题是共同推进全国统一大市场建设，具体聚焦在综合整治 ...

Core Viewpoint - The publication of "Xi Jinping's Economic Works" Volume 1 summarizes 74 articles by General Secretary Xi Jinping, focusing on the comprehensive advancement of Chinese-style modernization and the Party's leadership in economic work, emphasizing a people-centered approach and addressing key issues for high-quality development [1]. Group 1: New Development Pattern - The new development pattern is a strategic decision made by the Party Central Committee based on changes in China's development stage and comparative advantages, aiming for a domestic circulation-led economy to enhance stability and security [3][4]. - Articles in the "Works" provide comprehensive insights into the significance, core essence, and focal points of accelerating the construction of the new development pattern [4]. Group 2: New Quality Productive Forces - The emphasis on cultivating new quality productive forces highlights the importance of innovation as a driving force for high-quality development, moving away from traditional economic growth models [4][5]. - The "Works" discuss the significance and practical requirements for developing new quality productive forces, which are essential for economic structure transformation and gaining a competitive edge in international markets [4]. Group 3: Government-Market Relationship - The relationship between government and market is a critical issue for high-quality development, requiring a balance between effective markets and proactive government intervention [5]. - The "Works" provide insights into the dialectical relationship between government and market, offering Chinese wisdom and solutions to address this global economic challenge [5]. Group 4: Enhancing People's Well-Being - The fundamental purpose of development is to enhance people's well-being, aligning with the Marxist political economy's core stance that development should benefit the people [6]. - The "Works" elaborate on the necessity of a people-centered development approach, addressing social contradictions and ensuring that modernization benefits all citizens [6]. Group 5: Coordinating Development and Security - The coordination of development and security is essential for high-quality development, emphasizing that security is a prerequisite for development [7]. - The "Works" discuss the interdependence of development and security, advocating for a balanced approach to enhance national security while fostering economic growth [7].

专题报告 2025-07-09 "反内卷"及其对黑色板块影响 报告要点： 我们认为本轮"反内卷"并非是简单的再来一次"供给侧改革"，其与 2016 年附近的"供给侧 改革"在面临的主要矛盾上存在显著差异。前者主要解决的是无序价格战、不正当竞争、地方 保护主义等问题，为的是"高质量发展"；后者则主要聚焦上游原材料的"过剩产能"问题。 此外，二者在聚焦的产业上也明显不同。前者聚焦光伏、锂电池、新能源汽车、电商平台等新 兴行业；后者则着力于钢铁、煤炭等传统的上游行业。 对于黑色板块而言，我们认为当前阶段，"反内卷"情绪的影响大于实质。后续影响是否会出 现实质化，取决于需求端政策的发力情况。但在短期预期难以证伪的情况下，叠加 7 月份宏观 事件的频繁扰动，预计盘面价格波动将加剧，建议谨慎参与。 陈张滢 黑色研究员 从业资格号：F03098415 交易咨询号：Z0020771 0755-23375161 chenzy@wkqh.cn 黑色金属研究 | 黑色 "反内卷"及其对黑色板块影响 2025 年 7 月 1 日，中央财经委员会第六次会议在京召开，会议研究了纵深推进全国统一大市 场建设、海洋经济高质量发展等问题。 " ...

Core Insights - The "6.18" shopping festival marks a critical turning point for e-commerce platforms, shifting towards value-based competition and sustainable development [1] - The relationship between platforms, merchants, and consumers is crucial for the industry's future, with a focus on balancing interests and fostering a high-quality development path [1] Group 1: E-commerce Strategies - Pinduoduo has launched a "100 billion support" plan, committing over 100 billion RMB in resources over the next three years to enhance the e-commerce ecosystem [1] - The emphasis on supporting merchants reflects a strategic pivot from consumer subsidies to merchant empowerment, indicating a balanced relationship among platforms, merchants, and consumers [1] Group 2: Market Dynamics - The county-level market is gaining attention, with projections indicating that the GDP of this market will reach 109.9 trillion RMB this year, contributing over two-thirds of future consumption growth [2] - Data from the "6.18" event shows that county and rural markets have demonstrated strong consumption momentum, with order volume increasing by over 130% and user scale growing by over 140% year-on-year [2] Group 3: Logistics and Regional Development - Pinduoduo's "e-commerce westward" initiative aims to reduce logistics costs by covering the logistics transfer fees for merchants in remote areas like Tibet and Gansu [3] - To unlock the potential of the western market, a comprehensive logistics system and talent development are essential, which will drive sustainable high-quality growth in the e-commerce sector [3]

省政协副主席李兴旺、杨冠军、张晓光、孙科、范九伦和秘书长王刚出席会议。西安市政协主席王 吉德列席会议。（记者：刘曌琼） 徐新荣表示，推进教育科技人才体制机制一体改革，是建设教育强省、科技强省、人才强省的重要 路径，对于谱写中国式现代化建设的陕西新篇章具有重大意义。要坚持问题导向，强化政策设计，构 建"三位一体"协同发展机制；要推进产教融合，建立产业需求导向的学科专业调整机制，完善引才体 系，推动科技创新和产业创新加速融合；要发挥企业主体作用，完善企业出题、产学研协同解题机制， 突出重点产业链开展联合攻关；要深化"三项改革"，提高政府引导基金统筹效能，完善科技成果转 化"免申即享"机制，更好塑造高质量发展现代化建设新动能新优势。 徐新荣表示，下半年，常委会组成人员和机关各部门、各专门委员会要坚持改革创新、提质增效的 主基调，进一步提振精神状态，改进工作作风，以高质量履职促进政协工作高质量发展。要把学习贯彻 习近平新时代中国特色社会主义思想作为首要政治任务，善始善终抓好学习教育，在思想政治引领上提 质增效。要强化质量意识、责任意识，加快推进既定改革任务落实，在健全制度体系上提质增效。要聚 焦科学编制"十五五"规划 ...

Core Viewpoint - The article emphasizes the importance of reform and innovation in promoting high-quality development in grassroots civil affairs, particularly in Shandong Province's Xincheng County, as a response to new demands from the public for precise assistance, quality elderly care, and efficient services [1][2]. Summary by Relevant Sections Reform Directions - The civil affairs bureau in Xincheng County is aligning its reform efforts with political, developmental, and practical dimensions to address the high-quality development of civil affairs [1]. - Political dimension focuses on transforming the advantages of party building into governance effectiveness to address public pain points [1]. - Development dimension identifies existing barriers in civil affairs as targets for reform and innovation, exemplified by the integration of multiple assistance programs into a simplified approval process [2]. - Practical dimension emphasizes the need for institutional innovation and modernization of governance capabilities, with specific reform tasks outlined for 2025 [2]. Key Initiatives - The civil affairs bureau has established a "red engine" mechanism led by party leadership to drive reform projects, including a model that integrates local culture with distinctive industries [3]. - A collaborative mechanism involving 14 departments has been created to enhance social assistance, ensuring effective resource allocation and information sharing [3]. - A focus on integrated services for marriage and childbirth registration has been implemented, benefiting numerous couples [4]. Mechanisms for Long-term Development - A results transformation mechanism has been established to enhance the effectiveness of social assistance programs, including insurance initiatives for vulnerable populations [5]. - An iterative upgrade mechanism is in place to continuously innovate child welfare programs, significantly improving the well-being of left-behind children [6]. - A long-term guarantee mechanism is being developed to cultivate professional talent within the civil affairs sector, enhancing the overall capability of the workforce [7].