大家早上壕！ 先看海外要闻： 重磅就业报告公布前AI担忧重燃，标普纳指回落，但道指三日连创新高；收盘标普500跌0.33%，道指涨0.10%，纳指跌0.59%。 新AI工具引发行业前景忧虑，财富管理类股暴跌，嘉信理财收跌超7%；"科技七巨头"中，特斯拉涨近2%独涨、谷歌跌近2%领跌；存储芯片股大 幅回落，闪迪跌超7%。 纳斯达克金龙中国指数收涨0.87%，九紫新能收涨将近90%，禾赛、再鼎医药涨超6%。 美国零售数据逊色，美债价格加速上涨、收益率降幅扩大，十年期美债收益率创近一个月新低，美元指数盘中跌幅扩大、再创逾一周新低。 今日券商策略前瞻： 方正证券指出，技术面来看，沪指收出一根缩量小阳线，指数在4110点（20日均线）附近获得支撑，但上方4130-4140点区域构成短期压力。目 前指数处于上有压力、下有支撑的箱体震荡区间。成交额近期显示交投活跃度一般，资金观望情绪浓厚。节前资金观望情绪浓厚，春季行情继续 向节后演绎，没有只涨不退的潮水，4100点反复夯实为后续行情打下基础。 今日题材方面： 离岸人民币又创将近三年新高，近三年来首次盘中涨破6.91；比特币盘中跌破6.8万美元、较日高跌近4%。 金银铜和原 ...

机构认为，短期市场或仍维持板块轮动、震荡上行走势。 【财经日历】 中国1月CPI、PPI 中芯国际举行2025年第四季度业绩说明会 财报发布：网易 ►►央行发布2025年第四季度中国货币政策执行报告： 海南首批5家日用消费品免税店正式开业 美国1月失业率、1月季调后非农就业人口 欧佩克公布月度原油市场报告 EIA公布月度短期能源展望报告 -继续实施好适度宽松的货币政策； -加强利率政策执行和监督，促进社会综合融资成本低位运行； -完善房地产金融基础性制度，助力构建房地产发展新模式； -持续改革完善贷款市场报价利率（LPR）； -支持更多民营科技型企业、民营股权投资机构发债融资； -把握好利率、汇率内外均衡，引导短期货币市场利率更好围绕央行政策利率平稳运行； -引导更多金融资源支持提振和扩大服务消费； -进一步优化MPA框架，畅通货币政策执行和传导； -促进资本市场平稳运行； -未来将常态化开展国债买卖操作； ►►国家发展改革委等部门发布加快招标投标领域人工智能推广应用的实施意见。其中指出，围绕招标投标交易全过程和管理重点环节，按照政府引导、多 方参与、场景牵引、安全可控的原则，积极稳妥推进人工智能在招标投标领 ...

Core Viewpoint - The joint implementation opinion by five government departments aims to enhance the capabilities of the information and communication industry to support the development of low-altitude infrastructure, targeting a nationwide ground mobile communication network coverage of no less than 90% by 2027 [1][2]. Group 1: Network Support Capability - The opinion emphasizes utilizing existing 5G mobile communication infrastructure to promote low-altitude mobile communication network coverage, particularly in areas below 300 meters and low-altitude application hotspots [2]. - It suggests a combination of ground mobile communication, dedicated networks, and satellite communication to meet diverse business needs across different flight ranges and heights [2]. Group 2: Industry Supply Capability - The opinion advocates for the advancement of 5G-A industry development, enhancing existing ground station functionalities, and accelerating the maturity of integrated sensing technologies while gradually reducing equipment costs [2]. - It encourages the integration of low-altitude equipment with information communication, promoting the adaptation verification of 5G/5G RedCap modules with low-altitude aircraft [2]. Group 3: Safety Assurance Capability - A key focus of the policy is the construction of a regulatory framework for low-altitude applications, including telecom business access, equipment management, service supervision, and emergency communication [2]. - The opinion introduces the "one machine, one code, one number" requirement for drones, establishing a binding relationship between device identity, communication identifiers, and operational entities, enhancing traceability and control throughout the drone lifecycle [3]. Group 4: Industry Impact - The introduction of the "one machine, one code, one number" system is expected to create a regulatory framework that allows for real-time monitoring of drone flight trajectories, communication data, and operational entities, thereby improving safety and management [3]. - The joint issuance of this opinion marks a new phase in the coordinated advancement and standardization of low-altitude economic infrastructure, laying a solid policy foundation for the rapid development of related industry chains [3].

围绕这一总体目标，《意见》部署了十大重点任务，系统性地构建了支撑低空经济发展的信息基础设施 框架。 来源：智通财经 "政策的发布将有力带动一大批上下游产业链环节加快成长，形成覆盖核心器件、网络设施、装备制 造、系统集成、运营服务的完整产业生态。"国研新经济研究院创始院长、湾区低空经济研究院院长朱 克力对智通财经记者表示。 低空经济今日迎利好政策，工业和信息化部等五部门办公厅（秘书局、综合局、综合司）发布《关于加 强信息通信业能力建设支撑低空基础设施发展的实施意见》（简称《意见》）。 《意见》要求，持续提升信息通信业技术基础能力、产业供给能力、网络支撑能力和安全保障能力，有 序推进低空场景通信网络建设，丰富拓展感知技术手段，辅助提升导航定位精度，支撑建设低空智能网 联系统，为低空经济发展提供坚实基础。 "《意见》抓住了低空经济高质量发展的核心矛盾：以信息通信强基，以技术融合赋能，以安全可控兜 底，为低空飞行器'飞得稳、管得住、用得好'提供全周期支撑。"朱克力指出。 《意见》勾勒低空经济数字基建蓝图 《意见》提出，到2027年，全国低空公共航路地面移动通信网络覆盖率不低于90%，多元融合感知方案 进一步完善成熟， ...

除了飞行员的专业素养，完善的组织保障同样必不可少。此次飞行的全部费用，以及飞行计划申报、空 域协调、安全监督等一系列组织工作，均由赵四方所在的俱乐部全程承担。为了确保飞行顺利，俱乐部 需提前一天向民航与军方联合申报航线，提交飞行计划、飞行员执照、飞机适航证明等相关材料，待获 得批准后方可推进后续流程。飞行当天，还需再次与军方和民航部门确认信息，并完成全流程的最后检 查，一切无误后才能起飞。 "（申报）并没有像外界想的这么麻烦，也不需要任何费用"，赵四方向凤凰网山东说道。这看似轻松简 单的过程，其实也是低空空域管理改革成果的缩影。 在过去，1000米以下的空域大多被统一管制，民用飞行申请难、审批慢，通用航空发展更是受限。但近 年来，随着低空经济被列为国家战略，政策开始系统性松绑。2025年《民用航空法》修订草案明确支持 低空资源开发，全国逐步建立起以"分类管理"为核心的空域新体系，为进一步细化管理提供了依据。 审批通过后，飞机的起飞点和降落点也是关键。日照是华东地区划设低空飞行空域最大的城市，获批21 块总计2.3万平方公里的低空飞行空域。其中，岚山区获批空域5块、无人机试飞空域5块。而这次的起 飞点岚山通用机 ...

Core Insights - Suzhou Municipal Bureau of Commerce has released the "Suzhou 2026 Trade Promotion Plan" to support local foreign trade enterprises in expanding their markets and diversifying their market structures [1][2] Group 1: Trade Promotion Plan Overview - The plan recommends a total of 586 domestic and international exhibitions, with 564 being overseas exhibitions, including 200 key recommended exhibitions and 364 general recommendations [1] - The geographical coverage of the exhibitions has expanded to 58 countries and regions, an increase of 7 compared to 2025 [1] - The plan emphasizes the importance of emerging markets, recommending 350 exhibitions in regions such as Southeast Asia, Central and Eastern Europe, South America, and Africa, which accounts for over 62% of the total recommended exhibitions [1] Group 2: Industry Focus and Exhibition Quality - The 2026 trade promotion plan includes 471 overseas exhibitions focused on goods trade (including 3 international cooperation exhibitions) and 93 service trade exhibitions [2] - The recommended exhibitions highlight key industries such as textiles, home appliances, hardware tools, machinery, and medical devices, while also promoting emerging fields like artificial intelligence, low-altitude economy, and green energy [2] - The number of recommended overseas exhibitions has increased by 231 compared to 2025, with a focus on selecting high-impact exhibitions based on previous participation by Suzhou enterprises [2]

Group 1 - The "Tian Guan" satellite has captured an unprecedented high-energy cosmic explosion, suggesting it may be the process of a medium-mass black hole tearing apart a white dwarf star [1] - Deep Blue Aerospace's "Star Cloud No. 2" large reusable rocket has successfully completed key tests of its core propulsion system, marking a significant advancement in China's largest thrust liquid oxygen-kerosene engine [2] - The Ministry of Industry and Information Technology and other departments have issued guidelines to enhance network coverage in low-altitude airspace, utilizing existing 5G infrastructure and satellite communication [3][4] Group 2 - The State Council has mandated a comprehensive safety risk assessment for elderly care institutions by the end of 2026, aiming to eliminate safety hazards and enhance management mechanisms [5] - The National Copyright Administration and other departments have launched a special initiative to protect the copyrights of theatrical films, focusing on combating piracy and illegal distribution [6] - Zhejiang Province aims for its core artificial intelligence industry to achieve a revenue of 1.2 trillion yuan by 2030, promoting innovation and collaboration between tech and manufacturing sectors [7] - The same province is exploring the construction of a comprehensive computing power system and planning for advanced digital infrastructure, including 5G-A networks and future communication technologies [8] Group 3 - Over 60% of private equity firms are heavily invested going into the holiday, with nearly 70% optimistic about the market's performance post-holiday, indicating a potential upward trend in A-shares [9] - Alibaba Cloud has become the first Chinese cloud provider to pass comprehensive technical tests by ICANN, enabling it to offer end-to-end services for top-level domain management [10]

（来源：河北日报） 转自：河北日报 "飞手"教育怎能适应低空经济？两位企业家的心声触动张运凯委员 从课堂到航线，低空人才培养打开新空间 "这些低空航线主要服务哪些应用场景？对技能人才的需求有什么变化？"2月9日，在河北航投低空产业 发展有限公司指挥调度大厅，全国政协委员、河北交通职业技术学院教授张运凯紧盯屏幕上的航线数据 仔细询问。 对低空人才培养的关注来自去年一次调研。2025年8月，就在这个大厅，河北航投低空产业发展有限公 司负责人在展示完先进的无人机集群控制系统后，道出了心中的烦恼："能让这套系统高效、安全运行 的技术人才太稀缺了，新招的毕业生几乎没有能直接上手的。" 一家主营无人机巡检业务的企业负责人说得更直接："我们需要的是能独立制定飞行方案、处理突发故 障的技术能手，而不是只会操作无人机的'飞手'。" "低空经济已经振翅起飞，而我们的课程还停留在原理讲解、模拟飞行阶段。"这次调研让张运凯委员强 烈意识到，人才培养必须从面向行业转向融入产业，只有把企业的真需求转化为教学的真任务，把生产 的真环境打造成学习的真场景，才能让学生在校期间就经历完整的实战淬炼，做到上岗即上手。 于是，在张运凯委员的积极推动 ...

Core Insights - The article highlights the rapid development and commercialization of the low-altitude economy in China, particularly focusing on EHang, the world's first company to obtain operational qualifications for manned eVTOL (electric vertical takeoff and landing) aircraft [1][7]. Group 1: Industry Overview - The low-altitude economy is no longer just a concept but is moving towards practical applications, as evidenced by the recent experiences of journalists flying in EHang's eVTOL aircraft [1]. - EHang has received all necessary certifications, including the Type Certificate (TC), Production Certificate (PC), and Airworthiness Certificate (AC), making it the first company globally to achieve this milestone for manned eVTOLs [7]. - The development of the low-altitude economy is expected to progress through three stages: awareness, popularization, and accessibility, with 2024 being termed the "Year of Low Altitude Economy" [9]. Group 2: Technological Advancements - The EH216-S model has completed over 80,000 safe flights, demonstrating its reliability and safety through extensive testing, including simulations of extreme conditions [3]. - The aircraft can reach a maximum speed of 130 kilometers per hour and has shown a significant improvement in travel efficiency, reducing travel time across the Qiongzhou Strait to just 18 minutes compared to traditional ferry services [3]. - EHang is actively innovating in battery technology, with plans for a new generation of long-range unmanned aerial vehicles capable of over 200 kilometers of flight [6]. Group 3: Manufacturing and Operations - The manufacturing process of the eVTOL involves meticulous craftsmanship, including the use of carbon fiber materials, which are essential for the aircraft's structural integrity [4][5]. - EHang is focusing on talent development in collaboration with the Civil Aviation Flight University of China to ensure a skilled workforce for future operations [6]. - The company has established over 40 takeoff and landing points across various cities in China, aiming to expand commercial operations for urban commuting and emergency services [9]. Group 4: Future Prospects - By 2028-2030, EHang envisions a future where urban air mobility becomes commonplace, allowing citizens to book eVTOL flights via mobile apps, similar to luxury ride-hailing services [9]. - The Guangdong-Hong Kong-Macao Greater Bay Area has developed a mature supply chain for eVTOL components, with over 90% of parts produced locally, enhancing the industry's competitiveness [10].

Industry Insights - The Ministry of Industry and Information Technology, along with four other departments, has released implementation opinions to strengthen the capacity building of the information and communication industry, supporting the development of low-altitude infrastructure [1] - The low-altitude communication network is identified as a crucial infrastructure for the low-altitude economy, impacting the scalability of this sector significantly [1] - The optimization and planning of traditional base stations are seen as the best solution for enhancing supply capabilities, with a focus on the demand release in the base station renovation segment [1] Technological Developments - The advancement of 5G-A technology is providing new momentum for the development of the low-altitude economy, characterized by ultra-high speed, low latency, and high reliability [2] - 5G-A technology has diverse application scenarios in the low-altitude economy, including real-time data transmission for drone logistics, ensuring safe flight in complex urban environments [2] - The technology also supports air taxi services by enabling high-speed communication between vehicles and traffic management centers, optimizing flight paths and ensuring passenger safety [2] Company Developments - Quectel Wireless Solutions is recognized as a global leader in IoT solutions, having launched ultra-high-speed 5G R17 modules, RedCap series modules, and high-performance intelligent modules [3] - Putian Technology is focusing on satellite internet and low-altitude communication, specializing in the planning and design of communication information networks, and is a leading independent design institute in China [3]