文 ： 华创证券研究所副所长 、首席宏观分析师 张瑜（执业证号：S0360518090001） 联系人： 陆银波（15210860866） 袁玲玲（微信 Yuen43） 报告摘要 （四）关税相关 ： 6 月 12 日，商务部举行新闻发布会。记者就中美伦敦经贸会谈内容提问，" 中美 已达成协议，美国将对华征收 55% 的关税，中国将对美征收 10% 的关税，并且中国将和之前一样向 美国出口磁体和稀土材料 "。商务部发言人表示，中国"依法依规对稀土相关物项出口许可申请进行审 查，已依法批准一定数量的合规申请，并将持续加强合规申请的审批工作"。 风险提示： 政策更新不及时。 近一周，对外开放继续推进，主要涉及前沿地区试点及经验推广。 （一）试点经验推广 。 6 月 13 日，总理主持召开国常会，部署中国（上海）自由贸易试验区试点措 施复制推广工作。会议提出，"要在守住风险底线的前提下，更大力度开展制度型开放试验，加快构建 更高水平开放型经济新体制"。 （二）试点地区扩大开放 。 6 月 11 日，中办、国办印发关于深入推进深圳综合改革试点深化改革创 新扩大开放的意见， 在金融、低空经济、数据、医药等领域，赋予深圳新 ...

Group 1 - The core viewpoint emphasizes the importance of the Eight Regulations in transforming China's political and social landscape, highlighting the need for persistent efforts in style construction and adherence to the regulations [1][2][5] - The Eight Regulations serve as a significant measure for improving the political ecology and social atmosphere, marking a new era of strict governance within the Party [2][5][7] Group 2 - The effectiveness of the Eight Regulations is attributed to three main factors: the decisive leadership of the Central Committee, a comprehensive and effective institutional framework, and a spirit of self-revolution among Party members [2][3][4] - The implementation of the Eight Regulations has led to a notable shift in Party conduct, governance, and societal norms, fostering a positive political ecology [5][6][7] Group 3 - Long-term adherence to the Eight Regulations requires a multi-faceted approach, including continuous rectification of undesirable practices, strengthening of supervisory mechanisms, and enhancing Party members' awareness against corrupt practices [8][9][10] - The establishment of a robust supervisory system is crucial for preventing the misuse of public power and ensuring the effectiveness of the Eight Regulations [9][10]

Group 1 - The core message emphasizes the importance of deeply understanding and implementing the spirit of the Central Eight Regulations to enhance party conduct and governance effectiveness [1][2][3] - The initiative includes a series of special actions aimed at promoting rural revitalization, supporting the real economy, and strengthening social governance [2][3] - The focus is on practical learning and problem identification, ensuring that the education and reform processes yield tangible results [3] Group 2 - The emphasis on cultural prosperity and the development of cultural tourism resources is highlighted, with a call for innovative practices in traditional craftsmanship [2] - The need for strict enforcement of regulations against improper conduct, particularly in terms of dining violations, is underscored [3] - Leadership is urged to prioritize educational initiatives as significant tasks to effectively drive various work efforts [3]

《中国民航报》、中国民航网 记者徐业刚 通讯员王净 报道：近日，长龙航空在GJ8319宁波—恩施航班 上开展"严守纪律规矩，护航蓝天旅途"中央八项规定宣传教育主题航班活动。本次活动以万米高空为课 堂，通过知识问答、旅客互动等形式，将中央八项规定精神与航空安全理念传递给旅客。 活动中，精心设计的中央八项规定知识问答环节成为亮点。围绕党章党规、航空安全"三个敬畏"理念、 党员义务等内容，旅客们积极参与抢答，现场气氛热烈。题目涵盖党的根本大法、党员义务、纪律处分 条例等核心知识点，以及航空领域的具体纪律要求，如"三个敬畏"的具体内容、紧急情况下机组人员的 行动准则等。答对问题的旅客获得了长龙航空定制的行李挂牌、戒尺书签及玩偶"龙宝"等特色纪念品， 在互动中深化了对中央八项规定和航空安全纪律的认知。 在"纪律规矩与我同行"旅客分享环节，多位旅客踊跃发言。一位旅客分享了自己在乘坐航班时观察到的 机组人员严守岗位纪律的细节，对航空从业者的专业精神给予高度评价，他表示，在云端感受中央八项 规定教育别开生面，对中央八项规定精神有了更深认同。通过真实故事的分享，活动进一步凸显了纪律 规矩对个人、企业和社会的重要意义。 主题航班 ...

Group 1 - The meeting emphasized the importance of self-reflection among officials regarding their ideals, people's stance, power abuse, and integrity [1] - It highlighted the need for deeper learning and understanding of Xi Jinping's important discussions on party conduct and the implementation of the Central Eight Regulations [1][2] - The meeting called for a focused approach to identifying issues, using two lists and 28 categories of problems to ensure continuous updates and self-examination [1][2] Group 2 - The meeting stressed the need to target the "key minority," starting from the leadership to ensure strict adherence to conduct requirements and to combat the "Four Winds" issues [2] - It advocated for a strict and comprehensive approach to party governance, maintaining a high-pressure stance on discipline and supervision [2] - The meeting encouraged practical efforts to translate educational measures into effective actions for promoting key projects, flood and drought prevention, and ecological protection [2]

Core Points - The article emphasizes the importance of investigation and research in improving governance and maintaining a close relationship between the Party and the people [2][6][20] - It highlights the need for practical and in-depth investigation methods to avoid formalism and bureaucratic tendencies [3][5][19] Group 1: Importance of Investigation and Research - The Central Committee has prioritized improving investigation and research as a key aspect of governance since the 18th National Congress [3][4] - Investigation and research are seen as essential for understanding and addressing the needs and concerns of the populace [5][19] - The article discusses how effective investigation can lead to better policy-making and enhance the Party's credibility [6][20] Group 2: Challenges in Current Practices - There are persistent issues with formalism and superficial investigations, where some officials avoid complex problems and focus on easier tasks [7][9][10] - The lack of coordination among departments leads to repetitive investigations, increasing the burden on grassroots organizations [8][11] - Some officials rely on second-hand materials instead of conducting firsthand investigations, undermining the quality of research [10][12] Group 3: Recommendations for Improvement - The article suggests a need for stricter oversight and accountability in investigation practices to combat formalism and ensure effective outcomes [12][15] - It advocates for a problem-oriented approach in investigations, focusing on real issues faced by the community [16][17] - Emphasizing the importance of utilizing diverse methods and technologies to enhance the efficiency and accuracy of investigations [18][19]

以不变，可应万变。这个"不变"，就是要针对作风问题紧盯不放、寸步不让、一抓到底 四川省雅安市一名80后年轻干部，因热衷高端电子产品、高档汽车等奢侈消费，先后向67家金融机构、 网络平台贷款199笔，累计金额高达781万元。为偿还巨额本息，他将视线转向手中权力，与不法商人沆 瀣一气，走上贪腐不归路。虚荣心作祟，享乐之门一开，就会裹挟领导干部坠入腐败深渊。 党性不强则作风不正，作风不正则腐败易生。盘点落马官员的堕落轨迹，由风及腐的现象比比皆是。坚 持正风肃纪反腐相贯通，健全风腐同查工作机制，深挖细查风腐同源、风腐一体问题，让制度"长牙"、 纪律"带电"，才能将风腐交织而成的"病株"连根拔起，确保党的肌体始终健康、永葆生机活力。 着眼长远，要实现海晏河清，就必须坚持标本兼治，着力铲除腐败滋生的土壤和条件，把中央八项规定 的制度之力转化为精神之力、信念之力。 坚持正风肃纪反腐相贯通，健全风腐同查工作机制，深挖细查风腐同源、风腐一体问题，让制度"长 牙"、纪律"带电"，才能将风腐交织而成的"病株"连根拔起 推动中央八项规定精神既内化于心又外化于行，激发党员干部为民务实清廉的自律和自觉，必将持续焕 新党风政风，带动社风民 ...

Core Viewpoint - The construction of the Party's work style is crucial for the success or failure of the Party and the state, as it influences public sentiment and determines the achievements of the Party and the country [1][12][24]. Historical Logic - The Party has cultivated a set of glorious traditions and fine styles through long-term practice, which are essential for its identity and mission [2]. - The Party's ability to maintain close ties with the masses has been a key factor in its historical successes, contrasting the "Yan'an style" with the "Xi'an style" [3]. Theoretical Logic - The essence of work style issues is fundamentally a question of Party character, reflecting the Party's image and quality [10][11]. - Strengthening the Party's work style is a strategic necessity for addressing internal challenges and maintaining its leadership [6][12]. Practical Logic - Continuous efforts are required to maintain a strong connection with the masses, as work style issues are persistent and complex [17]. - The implementation of the Central Eight Regulations is a significant step in improving work style and ensuring the Party remains closely linked to the people [7][19]. Key Measures - The Party emphasizes the importance of self-revolution and strict discipline in addressing work style issues, particularly focusing on the "Four Winds" [15][21]. - There is a strong call for integrating Party character, work style, and discipline to enhance governance and maintain the Party's integrity [18][22]. Ongoing Commitment - The Party's work style construction is an ongoing process that requires constant vigilance and adaptation to new challenges [8][24]. - The commitment to improving work style is seen as essential for the Party's long-term success and its ability to lead the nation effectively [23].

制定和落实中央八项规定是新时代管党治党的切入口 习近平总书记强调："八项规定一子落地，作风建设满盘皆活。"党的十八大以来，党中央从制定和落实 中央八项规定开局破题，解决了新时代管党治党"老虎吃天不知从哪儿下口"的问题。中央八项规定，无 疑是读懂新时代中国共产党，这个世界上最大的马克思主义执政党的一把"钥匙"。 江苏省如皋市结合开展深入贯彻中央八项规定精神学习教育，不断改进工作作风，筑牢党员干部廉洁思 想防线。图为该市如城街道纪工委组织辖区党员干部参观如皋市党风廉政教育馆，接受警示教育。 图 片来源：视觉中国 作风问题核心是党同人民群众的关系问题。党的十八大以来，以习近平同志为核心的党中央以解决大党 独有难题的清醒和坚定，紧紧围绕新形势下作风建设从哪抓、抓什么、怎么抓的时代命题对作风建设做 出一系列重要部署，刹住了一些长期没有刹住的歪风，纠治了一些多年未除的顽瘴痼疾。新征程上，必 须发扬钉钉子精神，锲而不舍落实中央八项规定精神，让新时代管党治党的"金色名片"底色更亮、成色 更足。 习近平总书记强调："中央八项规定不是五年、十年的规定，而是长期有效的铁规矩、硬杠杠。"党要管 党、全面从严治党，纠治"四风"是关键， ...

"规定就是规定，不加'试行'两字，就是要表明一个坚决的态度，表明这个规定是刚性的""办好一件事后 再办第二件事，让大家感到我们是能办成事的，而且是认真办事的。这样才能取信于民、取信于全 党"……党的十八大以来，以习近平同志为核心的党中央制定和实施中央八项规定，以钉钉子精神持续 纠治"四风"，推动党风政风社风焕然一新。制定实施中央八项规定之所以成为我们党在新时代的徙木立 信之举，靠的就是讲认真、动真格。当前，开展深入贯彻中央八项规定精神学习教育，在认真抓实、抓 严上下功夫，就可以少一些"理论上可以"与"原则上不行"的虚风歪风，多一些干事创业的清风正气。 习近平总书记指出："推动改革发展事业，关键在党，关键在广大党员干部要有优良的工作作风。实践 证明，抓作风建设最重要的是讲认真。"认真，是一种态度、一种责任，更是一种能力，只有将认真二 字贯穿作风建设始终，才能真正实现作风的转变与提升。 在生活中，语言的模糊性有时是必要的。但放到工作中，如果含糊其辞成为习惯，就成了值得警惕的问 题。这方面最有代表性的莫过于"理论上可以"与"原则上不行"。"理论上可以"，有等一等、看一看的意 思，不一定付诸行动，不保证最后结果；"原 ...