善于识变应变求变，于变局中稳大局、开新局，是我们党领导人民战胜一切风险挑战、牢牢把握战略主 动的重要方法。 2026年我们将迎来"十五五"开局之年。党的二十届四中全会深刻把握世界大势和时代潮流，就"十五 五"时期我国发展面临的环境作出重大判断，对事关全局的战略任务进行顶层设计和战略擘画。全会审 议通过的"十五五"规划建议，事关我国未来5年发展的新蓝图，是以习近平同志为核心的党中央发扬历 史主动精神的重要体现，是我们党准确识变、科学应变、主动求变的实践成果，为我们掌握主动、赢得 未来提供了重要遵循。 确保"十五五"开好局、起好步，一个重要方面就是增强识变应变求变的自觉和本领，以历史主动精神克 难关、战风险、迎挑战，奋力开创中国式现代化建设新局面。 （一） 正确判断形势是科学决策的重要前提。 习近平总书记指出，"正确认识党和人民事业所处的历史方位和发展阶段，是我们党明确阶段性中心任 务、制定路线方针政策的根本依据"。 从直面"三期叠加"的复杂局面，作出我国经济发展进入新常态的判断，到把握结构失衡、环境污染等粗 放发展问题，明确我国经济已由高速增长阶段转向高质量发展阶段……新时代以来，党中央准确把握大 局大势，在关 ...

Group 1 - The "2025 Financial Conference" focused on the theme of "New Starting Point, New Momentum, New Journey," gathering over 100 experts and 500 financial institutions to discuss macroeconomics, capital markets, and technological trends [1][3] - Zhang Bin, Chairman of Financial界 Group, emphasized that 2026 will be a pivotal year for China's economy, marking a transition from low inflation to a new equilibrium [1] - The conference highlighted the importance of the "14th Five-Year Plan" in achieving a 5% economic growth target, with China's economy expected to exceed 140 trillion RMB by 2025 [6] Group 2 - Liang Tao, former Vice Chairman of the China Banking and Insurance Regulatory Commission, stated that the insurance industry should play a role as "patient capital" by supporting technology enterprises through specialized investment funds [8] - Chen Wenling identified seven international risks that need to be monitored, including economic bubbles, geopolitical tensions, and public health events [11] - The conference discussed the need for a modern industrial system to strengthen the real economy, with insights from various industry representatives on promoting high-quality development [12] Group 3 - Experts like Zhang Jingjing believe that the "15th Five-Year Plan" will usher in a golden era for China's economy and capital markets, with foreign investment expected to increase [27] - The banking sector is seen as crucial for financing efficiency and market resilience, with discussions on how financial institutions can adapt to support economic growth [20][28] - Jiang Xiaojun emphasized the need for the financial industry to accelerate its market-oriented, digital, and international transformation to seize opportunities in technological innovation [30]

Group 1 - The "14th Five-Year Plan" has made significant progress in building a modern industrial system, with a focus on strengthening the real economy [2] - By the end of September 2025, the balance of medium- and long-term loans for the manufacturing sector from Postal Savings Bank has increased by over 11% compared to the previous year [2] - The comprehensive innovation capability of the country has steadily improved, ranking first in the national comprehensive innovation capability ranking by 2024 [3] Group 2 - The consumer market has seen both quantity and quality improvements during the "14th Five-Year Plan," with total retail sales of social consumer goods reaching 4,419.45 billion yuan by 2024 [4] - Postal Savings Bank continues to optimize financial supply to promote the upgrading of consumption [4] - The number of registered business entities in the country has been increasing, reflecting the vitality of business entities during the "14th Five-Year Plan" [5] Group 3 - The development of high-quality private and small and micro enterprises has been supported, with the balance of inclusive small and micro enterprise loans reaching 801.247 billion yuan by September 2025 [6] - Agricultural modernization has progressed steadily, with the comprehensive mechanization rate of crop farming reaching 41.3% by 2025 [7] - Postal Savings Bank has deepened its involvement in the agricultural sector, with the balance of agricultural loans reaching 1.41 trillion yuan by 2020 [7] Group 4 - The quality of life for citizens has improved significantly, with per capita disposable income reaching 6.74 billion yuan by 2024 [8] - Postal Savings Bank has extended its services to enhance the quality of financial services for the betterment of people's lives [8]

龚正还就培育发展新质生产力、深化高水平改革开放、"十五五"规划编制等方面情况进行了通报。 黄莉新指出，今年是"十四五"收官之年，市政府在市委坚强领导下，坚持以习近平新时代中国特色社会 主义思想为指导，深入学习贯彻习近平总书记考察上海重要讲话精神，迎难而上、开拓进取，推动本市 经济平稳健康发展、"五个中心"建设提质增效、城市治理现代化深入推进、人民城市建设有力有效，顺 利完成年度经济社会发展目标任务，成绩来之不易。市人大常委会要认真贯彻中央和市委决策部署，进 一步统一思想、凝聚共识，精心做好市十六届人大四次会议各项筹备工作，为市人代会高质量审议好政 府各项报告和"十五五"规划纲要，助力上海"十五五"开好局、起好步，汇聚更多智慧和力量。 市人大常委会副主任郑钢淼、周慧琳、宗明、陈靖，秘书长谢坚钢出席。市高院院长贾宇、市检察院检 察长陈勇，市监察委、各区人大常委会负责同志及部分市人大代表列席。（上海发布） 龚正说，明年是实施"十五五"规划的开局之年，我们要坚持扩大内需这个战略基点，努力推动经济实现 质的有效提升和量的合理增长。要更大力度提振消费，深入实施提振消费专项行动，着力扩大优质商品 和服务供给。要着力扩大有效 ...

中共中央台办、国务院台办主任宋涛出席座谈会，听取台商意见建议，向广大台商台胞致以新年祝福。 他表示，"十五五"规划开启中国式现代化新征程，必将为推动两岸经济合作、融合发展注入新动力，为 广大台商台企深耕大陆发展开创新前景。希望台商台胞坚持一个中国原则和"九二共识"，反对"台独"分 裂和外来干涉，把握两岸融合发展新机遇，开创两岸交流合作新局面，展现守护共同家园新担当。 与会台商表示，今年以来大陆各地出台一系列措施，帮助台企有效应对外部环境不利影响，保持了大陆 台资经济健康发展。"十五五"规划为台商台企深度融入国家发展大局、共享发展红利指明了清晰路径、 开辟了广阔天地。台商代表表示，祖国大陆始终是台商台胞的坚定依靠，仍然是台商投资兴业的最佳选 择。 2025年全国台协会长座谈会在北京举行 台商：大陆是最好市场最佳选择 12月30日，2025年全国台协会长座谈会在北京举行。全国台湾同胞投资企业联谊会主要会务干部、各地 台资企业协会会长、台商台胞代表约200人参加。 编辑：张嘉怡 广告等商务合作，请点击这里 本文为转载内容，授权事宜请联系原著作权人 中新经纬版权所有，未经书面授权，任何单位及个人不得转载、摘编或以其它 ...

Group 1: State-Owned Enterprise Reform - The central economic work conference emphasized the need to deepen state-owned enterprise (SOE) reform, focusing on optimizing the layout of state-owned economy, improving modern enterprise systems, and enhancing state asset supervision efficiency [1][2] - Key areas of reform include functional, structural, and institutional reforms, with a focus on better utilizing market forces to fulfill national strategic missions and improving the evaluation system for SOEs [2][3] Group 2: Urban and Rural Resident Income Increase Plan - The central economic work conference proposed a new income increase plan for urban and rural residents, transitioning from a focus on low-income groups to a broader approach covering all residents [3][4] - The plan aims to enhance consumer spending and stabilize the middle-income group while addressing income disparities and illegal income [3][4] Group 3: Investment Stabilization - The conference highlighted the need to stabilize investment, suggesting an increase in central budget investment and optimizing the use of local government special bonds [6][7] - Investment growth has been declining due to various factors, including real estate market adjustments and competition, with fixed asset investment down by 2.6% year-on-year [6][7] Group 4: Education Resource Allocation - The "14th Five-Year Plan" suggests improving education resource allocation in response to demographic changes, particularly by expanding ordinary high school enrollment to address the shortage of high school places [8][9] - The number of ordinary high school enrollments is set to exceed 10 million in 2024, with a recorded admission rate of over 60% [8][9] Group 5: Long-Term Care Insurance Implementation - Long-term care insurance (LTCI) is set to be implemented nationwide in 2026 after a decade of trials, aiming to cover nearly 3 billion people and provide equal protection for all disabled individuals [16][17] - The LTCI is expected to inject significant funds into the market, potentially exceeding 100 billion annually, thus stimulating the long-term care service industry [17] Group 6: Birth Policy Optimization - The central economic work conference stressed the need for a comprehensive optimization of birth policies to stabilize the declining birth rate, with a focus on financial support and service system improvements [18][19] - New measures include expanding maternity insurance coverage to flexible workers and enhancing public services for early childhood care [19][20]

Group 1: Domestic Chip Replacement - The rise of domestic AI chip manufacturers is marked by significant stock price increases, with companies like Cambrian Technology surpassing major brands like Kweichow Moutai [1] - The market anticipates more AI chip companies to go public, with notable performances from companies like Moer Thread and Muxi, indicating strong investor interest in domestic chip alternatives [1] - The domestic market share for smart computing chips is projected to grow from approximately 20% in 2024 to about 60% by 2029, reflecting a shift towards local production [2] Group 2: AI Edge Computing - The emergence of AI in hardware is expected to redefine traditional devices, with predictions that mobile phones and apps may become obsolete in favor of AI-driven edge devices [3] - The global edge AI market is forecasted to grow from 321.9 billion yuan to 1.22 trillion yuan between 2025 and 2029, with a compound annual growth rate of 40% [4] - The focus of competition is shifting from hardware specifications to AI experience and ecosystem collaboration, indicating a transformation in the value chain [5] Group 3: Quantum Computing Advances - Quantum technology is recognized as a strategic frontier for technological revolution, with significant breakthroughs expected in the coming years [6] - China's advancements in quantum communication and computing are positioning it alongside global leaders, with the "Zu Chongzhi No. 3" quantum computer expected to maintain a competitive edge [7] - The practical application of quantum computing in fields like finance and protein simulation is anticipated to grow, marking a critical step towards commercialization [6] Group 4: Commercial Space Acceleration - The commercial space sector is entering a new phase of rapid evolution, supported by government policies and increased capital investment [8] - The global commercial space market is projected to grow at a compound annual growth rate of 10.5% over the next five years [8] - The demand for satellite launches is expected to surge, with significant increases in the number of satellites being deployed [9] Group 5: Solid-State Battery Development - Solid-state batteries are gaining attention as a transformative technology for electric vehicles, with major manufacturers announcing plans for testing and production [10] - The timeline for mass production is set for 2027, with initial production expected to be in small batches [11] - The industry faces challenges in cost and manufacturing processes, with a consensus that semi-solid batteries will precede full solid-state solutions [10] Group 6: L3 Autonomous Driving - The introduction of L3 autonomous driving is accelerating due to supportive policies and decreasing costs in the supply chain [12] - The commercial application of L3 technology is expected to expand significantly in 2026, with several manufacturers already in the approval process [13] - The transition from assisted to fully automated driving represents a critical milestone for the industry, with ongoing improvements in technology and data accumulation [13] Group 7: Real Estate Debt Restructuring - Major real estate companies like Country Garden and Sunac have successfully completed debt restructuring, indicating a shift in the industry’s approach to financial challenges [14] - The total scale of debt restructuring in 2025 reached approximately 1.2 trillion yuan, significantly alleviating short-term repayment pressures for affected companies [14] - The focus for 2026 will be on balancing risk management and transformation within the real estate sector, with expectations for continued progress in debt resolution [15] Group 8: "15th Five-Year Plan" Initiatives - The "15th Five-Year Plan" emphasizes high-quality development and technological self-reliance as key objectives for the next five years [16] - The plan outlines initiatives to enhance the modern industrial system and promote strategic emerging industries, including quantum technology and renewable energy [17] - Increasing the resident consumption rate is highlighted as a crucial goal, with measures aimed at boosting consumer spending and improving living standards [18]

2026年是"十五五"规划开局之年，联合国国际电信联盟医疗元宇宙任务组主席罗宾·罗韦(Robin Rowe)在 接受中国新闻网采访时表示，中国"十五五"规划强调从农场、工厂到城市终端各环节高效协同，人工智 能被嵌入实体经济体系。 在未来发展上，罗宾·罗韦表示，中美两国劳动力与能源因素进一步放大差异。中国加快部署高度智能 化、自动化的现代工厂，即使无人操作，工厂也能24小时不间断生产；而美国仍试图以传统制造岗位吸 纳劳动力。(巩微微） 罗宾·罗韦认为，美国的人工智能行动计划聚焦于建设价值5000亿美元的云数据中心，依赖更新周期极 短的高端芯片，成本高昂且能耗巨大。 ...

奋力实现"十五五"良好开局——中国经济圆桌会共话贯彻落实中央经济工作会议精神 新华社记者 中央经济工作会议12月10日至11日在北京举行。这是在"十四五"即将圆满收官、"十五五"即将开启的重 要历史节点上党中央召开的一次十分重要的会议。 怎样看待今年和"十四五"时期我国经济社会发展取得的重大成就？会议释放出做好明年经济工作哪些重 要信号？如何贯彻落实好会议决策部署，确保"十五五"开好局起好步？ 新华社12月30日推出第二十七期"中国经济圆桌会"大型全媒体访谈节目，邀请国务院研究室社会司司长 刘日红，中国财政科学研究院院长杨志勇，国家发展改革委宏观经济研究院研究员刘志成，中国民间商 会副会长、依文集团董事长夏华，共话贯彻落实中央经济工作会议精神，奋力实现"十五五"良好开局。 深刻认识发展成就 准确理解规律性认识 2025年是很不平凡的一年。以习近平同志为核心的党中央团结带领全党全国各族人民迎难而上、奋力拼 搏，坚定不移贯彻新发展理念、推动高质量发展，统筹国内国际两个大局，实施更加积极有为的宏观政 策，经济社会发展主要目标将顺利完成。 中国经济顶压前行、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 ...

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！ 来源：六里投资报 12月29日，著名分析师、莲华资管首席投资官洪灝，在一场对话中对当下热议的白银走势，人民币汇 率，以及市场走向等做出了观点鲜明的判断，并展望了2026年的政策大方向。 洪灝指出，贵金属方面，因为最近两个星期涨得太疯狂，比如现在白银的盘面情况； 让人想到1980年历史性的逼空行情，当时白银涨到了50美元一盎司。 但即便在那次逼空行情中，白银也没有出现连续8个月上涨的情况， 而且，这个月白银的大阳线，远远超过了80年代顶部的那根大阳线。 因此，洪灝建议应该见好就收，等待明年再布局。 洪灝早在半年前，就已明确提示白银的投资机会--银价绝对会创历史新高，投资报也最早予以跟踪分 析，并给出了具体的投资标的，点此查看。 当时国内唯一的这只白银基金其净值尚在1元附近，如今净值早已翻倍，其二级市场价格更是大涨200% 多。 但是， 洪灝同时指出，贵金属基于美元信用走弱的长线逻辑依然成立， 无论是黄金还是其他贵金属，涨势还没有结束。 财政政策上，他认为当前广义财政赤字率偏低， 面对经济数据走软，应大幅提升至20%左右以提振经济，并预计2 ...