民间投资是反映经济活跃程度的重要风向标，是稳增长、调结构、促就业的重要支撑力量。12月10日至11日举行的中央经济工作会议明确指出，要"推动 投资止跌回稳""有效激发民间投资活力"。 今年以来，民间投资市场准入进一步放宽。日前，国务院办公厅印发《关于进一步促进民间投资发展的若干措施》（以下简称《若干措施》），提出13项 针对性政策举措，通过破除所有制壁垒、完善要素保障机制，传递出进一步激发民间投资活力、促进民间投资发展、发展壮大民营经济的强烈信号。 中国人民大学中国经济与改革发展研究院教授张杰在接受《中国报道》记者采访时指出，民间投资仍是我国固定资产投资的重要支柱。2024年，民间固定 资产投资占全国固定资产的比例约为50%，虽然仍有"半壁江山"，但较2010年已出现大幅下滑，激发民间投资活力刻不容缓。从国家新质生产力培育布局 来看，民营企业与民间资本需与国有资本形成发展合力，在高科技自立自强推进、现代化产业体系构建中发挥核心作用，尤其要在传统产业升级、新兴产 业壮大、未来产业布局中扛起主导责任。 "民间资本参与现代化产业体系建设面临的问题，本质是体制机制层面的系统性难题，而非个体性、表面性问题。"张杰认为， ...

连日来，习近平总书记在中央经济工作会议上的重要讲话，在中央和国家机关广大党员干部中引发热烈反响。大家表示，明年经济工作的大政方针已定，任 务艰巨，意义重大。要更加紧密团结在以习近平同志为核心的党中央周围，坚定信心、用好优势、应对挑战，不断巩固拓展经济稳中向好势头，确保"十五 五"开好局、起好步。 中央经济工作会议指出，今年是很不平凡的一年，我国经济顶压前行、向新向优发展，现代化产业体系建设持续推进，改革开放迈出新步伐，重点领域风险 化解取得积极进展，民生保障更加有力。 农业农村部帮扶司副司长 刘均勇：有以习近平同志为核心的党中央领航掌舵，有习近平新时代中国特色社会主义思想科学指引，我们就有了战胜一切艰难 险阻的最大底气，中国经济巨轮乘风破浪，行稳致远。 海关总署统计分析司司长 吕大良：尽管面临外部冲击，我国外贸总体保持稳步增长，展现了强大的韧性和活力。这些成绩的取得，根本在于以习近平同志 为核心的党中央领航掌舵，在于习近平新时代中国特色社会主义思想的科学指引。"两个确立"是我们战胜一切艰难险阻、应对一切不确定性的最大确定性、 最大底气、最大保证。 关于做好新形势下经济工作新的认识和体会，会议提出"五个必须"， ...

持续扩大内需、优化供给，做优增量、盘活存量，因地制宜发展新质生产力，纵深推进全国统一大 市场建设，持续防范化解重点领域风险，着力稳就业、稳企业、稳市场、稳预期……迈向"十五五"开局 之年，中央经济工作会议明确了明年经济工作的总体要求、政策取向和重点任务。 聚焦产业实践：四大专题对话拆解升级路径 "十五五"开局之年怎么干？12月12日，由央广传媒集团指导、央广网承办的"央广财经年度对话 2025（第三届）"在京举办。本次对话以"启航'十五五'澎湃新动能"为主题，邀请来自政府部门、学术机 构、国资央企、上市公司及金融领域的近300位代表，围绕"建设现代化产业体系，巩固壮大实体经济根 基"展开深度研讨，为"十五五"开局凝聚智慧、探寻路径。 锚定新质生产力：多领域专家解码经济发展新引擎 "新质生产力的培育，离不开资本模态的创新突破。" 全国社会保障基金理事会原副理事长王忠民 在主旨演讲中提出，"十五五" 期间，有限责任与无限责任的有机组合、开源生态与 CVC 投资逻辑、同 股不同权不同利的差异化设计、注册制下的资本流动优化，将构成支撑新质生产力发展的四大资本结构 模态。他以基金架构为例解释，LP 有限责任与 GP 无 ...

Core Viewpoint - The proposal to promote the collaborative development of large, medium, and small enterprises is a crucial measure for accelerating the implementation of the innovation-driven development strategy, optimizing industrial organization structure, and building a modern industrial system [1] Group 1: Collaborative Development Benefits - Collaborative development among enterprises helps to build an industrial innovation ecosystem by pooling innovation resources and stimulating societal innovation vitality [2] - Large enterprises possess abundant R&D resources and advanced technologies but may lack innovation agility due to their size, while small and medium enterprises (SMEs) are agile but often face funding and technical challenges [2] - An open innovation platform allows large enterprises to provide clear market demands to SMEs, facilitating the integration of SME innovations into larger platforms and accelerating commercialization [2] Group 2: Enhancing Industrial Chain Resilience - Collaborative development is key to enhancing the resilience of industrial chains, which is increasingly vital in the context of global economic restructuring [3] - Large enterprises can guide SMEs in improving capabilities and ensuring supply chain stability through standardized products and management systems [3] - SMEs can focus on niche markets and strengthen their specialized support capabilities through deep collaboration with industry leaders [3] Group 3: Strengthening Domestic Circulation - The collaborative development of enterprises is essential for establishing a new development pattern that emphasizes domestic circulation while promoting international circulation [4] - SMEs play an irreplaceable role in job creation and innovation, contributing to economic stability and sustainability [4] - Collaborative development fosters efficient industrial cluster effects, enhancing regional industrial competitiveness [4] Group 4: Systematic Approach Required - Collaborative development is a systematic project requiring joint efforts from both government and market [5] - The government should build public service platforms and encourage joint projects between large and small enterprises to promote resource sharing [5] - Market mechanisms should be leveraged to guide large enterprises in their roles as industry leaders, while professional service institutions should enhance their capabilities to support collaboration [5] - A supportive ecosystem must be created to protect intellectual property and foster fair cooperation among enterprises [5]

经济顶压前行、向新向优发展，现代化产业体系建设持续推进，改革开放迈出新步伐，重点领域风险化 解取得积极进展，民生保障更加有力……走过很不平凡的2025年，中国经济站上一个新台阶。 持续扩大内需、优化供给，做优增量、盘活存量，因地制宜发展新质生产力，纵深推进全国统一大市场 建设，持续防范化解重点领域风险，着力稳就业、稳企业、稳市场、稳预期……迈向"十五五"开局之 年，中央经济工作会议明确了明年经济工作的总体要求、政策取向和重点任务。 会议期间，部分与会同志接受人民日报记者采访时表示，要深入学习领会习近平总书记在会上发表的重 要讲话，把思想和行动统一到党中央关于经济形势的科学判断和对明年经济工作的决策部署上来，准确 把握在全国发展大局中的定位，结合实际、因地制宜，推动高质量、可持续的发展。 "习近平总书记在会上强调'五个必须'，这是习近平经济思想的最新成果，为做好明年乃至'十五五'时期 经济工作提供了根本遵循和行动指南。"工业和信息化部部长李乐成表示，今年以来，工业经济顶压前 行、稳中向好，在宏观经济大盘中继续发挥"压舱石"作用，"工信部门将锚定实现新型工业化这个关键 任务，坚持以优争先、以质取胜，全力稳住工业基 ...

Group 1 - The provincial state-owned enterprises in Sichuan are actively implementing the spirit of the 20th National Congress, focusing on high-quality development and reform of state-owned enterprises [1][2] - Sichuan Energy Development Group is committed to building a new energy system that integrates multiple energy sources, emphasizing technological innovation to enhance the energy industry's quality and efficiency [1][2] - The Sichuan Provincial Urban Renewal Group aims to transform the Congress's directives into practical outcomes by developing a replicable urban renewal model [2] Group 2 - The 20th National Congress emphasizes the construction of a modern industrial system and the strengthening of the real economy, with enterprises being the main force in this initiative [2] - Sichuan Provincial Investment Company plans to break traditional operational barriers to activate technological innovation and drive transformation and upgrading [3] - The Sichuan Port Investment Group is focused on enhancing core functions and competitiveness, supporting the construction of a strong transportation province [4] Group 3 - Sichuan Biopharmaceutical Group is set to deepen its understanding of the Congress's spirit, focusing on innovation in pharmaceuticals and technology to create an integrated innovation ecosystem [4] - The company under Sichuan Coal Group plans to increase investment in key technology research and deepen collaboration with universities and enterprises to achieve more independent results in high-end equipment [5]

Core Viewpoint - Hainan is positioned as a pivotal element in China's macroeconomic development, serving as a vanguard for a new round of openness and aiming to lead in the development of new productive forces, particularly in commercial aerospace [2][3]. Group 1: Role of Hainan in Economic Development - Hainan Free Trade Port is set to become an important gateway for China's new era of openness, implementing higher-level open policies to create a more favorable business environment and stronger radiating effects [4]. - After the full closure of the island, Hainan will enhance its role as a strategic hub for domestic and international dual circulation, facilitating the free flow and optimal allocation of resources [5]. - Hainan will actively align with international high-standard economic and trade rules, serving as a highland for institutional openness and providing pioneering experiences for national reforms and expansions [5]. Group 2: Development of New Productive Forces - Hainan's advantages in developing new productive forces are summarized as "three degrees and one color," focusing on commercial aerospace, high-tech agriculture, and green development [7]. - The region aims to deepen institutional openness to align with international business environments, which is crucial for developing any industry and boosting consumption [8]. - Strengthening the integration of technological and industrial innovation is essential for attracting relevant talents and enterprises to Hainan [8]. Group 3: Building an International Consumption Center - Hainan can leverage its unique policy advantages to enhance duty-free shopping, education, and healthcare, creating attractive service consumption scenarios [9]. - In the duty-free shopping sector, Hainan should expand consumer groups, diversify product offerings, and improve logistics efficiency to establish a global duty-free shopping paradise [9]. - The education sector should focus on introducing high-quality overseas educational resources and creating a lifelong learning public service platform to meet industry demands [10]. - In healthcare, Hainan aims to become an international medical tourism destination by integrating innovative pharmaceutical production and high-end medical services with tourism [10].

专题：中央经济工作会议在北京举行 业内解读 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 奋力实现明年经济社会发展目标任务（谈体会 话落实） ——与会同志谈贯彻落实中央经济工作会议精神 今年，东部沿海省份山东的地区生产总值将突破10万亿元。山东省委书记林武表示，山东将继续坚定扛 牢经济大省挑大梁的责任担当，深入实施工业经济"头号工程"，立足基础条件和优势，优化提升冶金、 化工等传统产业，培育壮大集成电路、新能源汽车等新兴产业，前瞻布局深海空天、量子科技等未来产 业，以科技创新引领新质生产力发展，努力成为北方地区经济重要增长极，为全国发展大局多作贡献。 近年来，河北推动钢铁行业节能减排，以人工智能技术改造化工行业，传统产业提质增效步伐加快，今 年空气质量达到有监测记录以来最好水平。河北省委书记倪岳峰表示，将认真贯彻落实习近平总书记重 要讲话和中央经济工作会议精神，以新发展理念引领高质量发展，加紧培育壮大新动能，持续巩固经济 回升向好势头，建设天蓝、地绿、水秀的美丽河北。 "青海作为三江之源、'中华水塔'，将坚决扛牢政治责任，牢固树立'绿水青山就是金山银山'的理念，坚 定不移走生态优先 ...

Group 1 - The article emphasizes the importance of grassroots engagement and understanding public opinions through field visits and research, focusing on economic and social development in Henan province [1] - National representatives are actively involved in assessing major projects, emerging industries, and infrastructure development, aligning with the goals set by the 20th National Congress and the 11th Provincial Congress [1] - The representatives are committed to transforming the achievements and experiences from the 14th Five-Year Plan into actionable strategies for the upcoming 15th Five-Year Plan, highlighting the role of innovation in driving high-quality development [2][3] Group 2 - The article discusses the need for vocational education to align with industry demands, emphasizing the importance of talent cultivation in relation to industrial upgrades [3] - It highlights the significance of integrating industry, technology, and governance with rural revitalization to enhance the quality of rural collective economies and increase farmers' income [4] - Representatives express their intention to combine insights from their visits with their legislative duties to propose high-quality suggestions addressing common and pressing issues faced by the public [4]

经济顶压前行、向新向优发展，现代化产业体系建设持续推进，改革开放迈出新步伐，重点领域风险化 解取得积极进展，民生保障更加有力……走过很不平凡的2025年，中国经济站上一个新台阶。 持续扩大内需、优化供给，做优增量、盘活存量，因地制宜发展新质生产力，纵深推进全国统一大市场 建设，持续防范化解重点领域风险，着力稳就业、稳企业、稳市场、稳预期……迈向"十五五"开局之 年，中央经济工作会议明确了明年经济工作的总体要求、政策取向和重点任务。 会议期间，部分与会同志接受本报记者采访时表示，要深入学习领会习近平总书记在会上发表的重要讲 话，把思想和行动统一到党中央关于经济形势的科学判断和对明年经济工作的决策部署上来，准确把握 在全国发展大局中的定位，结合实际、因地制宜，推动高质量、可持续的发展。 今年，东部沿海省份山东的地区生产总值将突破10万亿元。山东省委书记林武表示，山东将继续坚定扛 牢经济大省挑大梁的责任担当，深入实施工业经济"头号工程"，立足基础条件和优势，优化提升冶金、 化工等传统产业，培育壮大集成电路、新能源汽车等新兴产业，前瞻布局深海空天、量子科技等未来产 业，以科技创新引领新质生产力发展，努力成为北方地区经 ...