【隔夜行情】 •周四（2026年1月29日），A股市场三大指数涨跌不一，截至收盘，沪指报4157.98点，涨0.16%；深证 成指报14300.08点，跌0.3%；创业板指报3304.51点，跌0.57%。总体来看，个股跌多涨少，下跌个股超 3500只。沪深两市全天成交额3.23万亿元，较上个交易日放量2600亿元。 【中国银行：调整白银延期合约业务参数 保证金比例由48.26%调整为50.80%】1月29日，为保护投资者 权益，防范市场风险，根据上海黄金交易所（简称"上金所"）发布的《关于调整白银延期合约保证金水 平和涨跌停板的通知》，中国银行将对代理个人上金所业务项下白银延期合约的交易保证金比例、涨跌 幅度限制进行相应调整。具体如下：自2026年1月30日（星期五）收盘清算时起，上金所白银延期合约 保证金比例从19%调整为20%，中国银行白银延期合约客户保证金比例由48.26%调整为50.80%，上金所 下一交易日（1月30日20:00）起涨跌幅度限制从18%调整为19%。请您做好风险防范工作，提高风险意 识，合理控制仓位，理性投资。 新股申购： 电科蓝天，科创板证券代码688818，发行价格9.47元/ ...

Group 1 - The State Council has issued a work plan to accelerate the cultivation of new growth points in service consumption, guiding financial institutions to increase credit lending to relevant business entities [1] - The Ministry of Commerce emphasizes the importance of utilizing the China-US economic and trade negotiation mechanism to manage differences and promote cooperation [1] - The People's Bank of China states that the weighted average interest rate for newly issued commercial personal housing loans nationwide will be 3.06% by the fourth quarter of 2025 [1] Group 2 - The Ministry of Industry and Information Technology is determined to eliminate "involution" competition within the photovoltaic industry [1] - Former President Trump is expected to announce the nomination for the next chair of the Federal Reserve next week [1] - US stock market indices showed mixed results, with the Nasdaq down 0.72% while Meta's stock rose over 10% [1]

Core Viewpoint - The State Council's recently released "Work Plan for Accelerating the Cultivation of New Growth Points in Service Consumption" aims to enhance service supply and promote quality service consumption through 12 policy measures across six key areas and three potential areas of development [1][5]. Group 1: Key Focus Areas - The six key service consumption areas identified are transportation, housekeeping, online audio-visual, travel and accommodation, automotive aftermarket, and inbound consumption [3]. - The plan emphasizes the integration of railway and tourism, proposing policies to enhance railway tourism services, develop themed trains, and support cruise consumption innovation [3]. - It aims to improve the quality of yacht consumption and related infrastructure, while also promoting night tours and immersive cruise products [3]. Group 2: Inbound Consumption - Inbound consumption is highlighted, with measures to extend the trial period for unilateral visa-free countries and enhance the convenience of entry and exit for foreign visitors [5]. - The plan aims to create high-quality international brands in tourism, healthcare, education, and wellness, while promoting the "Buy in China" brand and optimizing international payment services [5]. Group 3: Potential Development Areas - The plan identifies three potential development areas: performance services, sports event services, and emotional/experiential services [6]. - It proposes optimizing performance management and ticketing systems, while also encouraging the establishment of quality brands in performance and sports events [7][8]. - For emotional and experiential services, the plan suggests innovative regulatory approaches and the establishment of new consumption scenarios [8]. Group 4: Support and Assurance - The plan emphasizes the need for a robust support system to enhance consumer capacity and willingness, including the establishment of a standardized service industry framework [9]. - It calls for the development of credit systems in sectors like elderly care, housekeeping, and tourism, leveraging platforms like "Credit China" for better transparency [9]. - Financial support measures include optimizing loan policies for service industry entities and encouraging financial institutions to develop tailored products for service consumption [10].

Core Viewpoint - The State Council of China has issued a "Work Plan for Accelerating the Cultivation of New Growth Points in Service Consumption," aimed at optimizing and expanding service supply to enhance service consumption quality and support high-quality economic development [1] Group 1: Support Policies - The plan focuses on key areas such as transportation services, housekeeping services, online audio-visual services, travel and accommodation services, automotive aftermarket services, and inbound consumption, aiming to stimulate development through optimizing service supply, promoting pilot projects, innovating consumption scenarios, and enhancing talent training [1] - It emphasizes potential areas like performance services, sports event services, and experiential services, working on improving incentive mechanisms, optimizing safety management, cultivating quality brands, and building platform carriers to foster development momentum [1] - The plan includes strengthening support for cultivating new growth points in service consumption through establishing a standard system, enhancing credit construction, and reinforcing financial support [1] Group 2: Implementation Requirements - The plan requires local governments and relevant departments to enhance policy design, innovate support measures, and optimize the service consumption environment, with the possibility of formulating specific support policies for various service consumption sectors as needed [1]

工作方案提出三方面支持政策。一是聚焦交通服务、家政服务、网络视听服务、旅居服务、汽车后市场 服务、入境消费等重点领域，从优化服务供给、推进先行先试、创新消费场景、加强人才培养等方面发 力，激发发展活力。二是聚焦演出服务、体育赛事服务、情绪式体验式服务等潜力领域，从健全激励机 制、优化安全管理、培育优质品牌、建设平台载体等方面着手，培育发展动能。三是通过健全标准体 系、加强信用建设、强化财政金融支持等，加强对培育服务消费新增长点的支持保障。 工作方案还提出，要强化财政金融支持。统筹利用现有资金渠道支持发展服务消费、培育服务消费新增 长点。优化实施服务业经营主体贷款贴息政策。引导金融机构加大对服务消费新增长点领域经营主体的 信贷投放力度，合理确定贷款利率水平，创新开发特色金融产品和服务。支持符合条件的文化、旅游、 教育、体育、家政等服务消费领域企业发行债券，支持符合条件的消费基础设施项目发行基础设施领域 不动产投资信托基金（REITs）。加大消费信贷支持力度，引导金融机构与商家合作开发适合服务消费 特点的产品和服务。 "工作方案精准对接居民对高品质生活的需求，聚焦9大重点和潜力领域来加快培育服务消费新增长点， 起 ...

Core Viewpoint - The Chinese government has introduced a work plan to accelerate the cultivation of new growth points in service consumption, emphasizing the importance of service consumption as a key driver for high-quality economic development [1][2]. Group 1: Support Policies - The work plan outlines three main areas of support: focusing on key sectors such as transportation, housekeeping, and audiovisual services; nurturing potential sectors like performance and sports events; and enhancing the support system for service consumption growth [2][3]. - Specific measures include optimizing service supply, promoting pilot programs, innovating consumption scenarios, and strengthening talent development to stimulate growth [2][3]. Group 2: Financial Support - The plan emphasizes the need for enhanced financial support, including optimizing loan interest subsidy policies for service industry entities and encouraging financial institutions to increase credit investment in new growth areas [4]. - It also supports qualified companies in cultural, tourism, education, and other service sectors to issue bonds, as well as infrastructure projects to issue Real Estate Investment Trusts (REITs) [4]. Group 3: Digital and International Consumption - The work plan aims to improve inbound consumption by extending visa-free policies and enhancing the international consumption environment, including the promotion of "Buy in China" branding [3]. - It highlights the integration of digital technology in service sectors, such as the fusion of AI with content production and the development of smart services in areas like housekeeping and elderly care [3].

证券时报记者 秦燕玲 1月29日，国务院办公厅发布《加快培育服务消费新增长点工作方案》（下称《方案》），提出聚焦交通服务、家 政服务、网络视听服务、旅居服务、汽车后市场服务、入境消费6个重点领域，以及演出服务，体育赛事服务，情 绪式、体验式服务3个潜力领域，加快培育服务消费新增长点，促进服务消费提质惠民，为经济高质量发展提供有 力支撑。 《方案》提及的重点服务消费领域，不少行业市场规模已达到万亿元级别。例如，根据有关行业协会和机构测 算，全国家政服务业营业收入2023年就已达1.16万亿元，2024年则达到1.23万亿元；首次在中央文件层面提及 的"旅居"行业，根据中国旅游研究院数据，全国旅居市场整体市场规模预计接近3万亿元。 此前商务部部长王文涛在回应"十五五"服务消费的着力点时就透露，商务部梳理了一批业态模式新、增长速度 快、带动作用强的服务消费领域，包括交通、家政、网络视听、旅居等规模较大的领域，以及演出、体育赛事、 游戏、情绪式体验式服务等前景好的潜力领域，推动完善支持政策，清理不合理限制性措施，积极培育服务消费 新增长点。 具体来看，交通服务在各重点领域中居首，《方案》明确提出要制定出台促进铁路与旅 ...

1月29日，国务院办公厅发布的《加快培育服务消费新增长点工作方案》(以下简称《工作方案》)，从 激发重点领域发展活力、培育潜力领域发展动能、加强支持保障等三方面提出12条举措。 在付一夫看来，加快培育服务消费新增长点的积极意义体现在多个维度。首先，精准契合居民消费升级 需求，切实增强群众消费获得感与满意度；其次，培育经济增长新引擎，推动消费结构从商品消费向服 务消费优化升级，为经济高质量发展注入持久动力；最后，带动上下游产业协同发展，催生大量就业岗 位，同时推动服务业转型升级，完善现代化产业体系。 《工作方案》提出，强化财政金融支持。统筹利用现有资金渠道支持发展服务消费、培育服务消费新增 长点。 近年来，服务消费日益成为我国提振消费、扩大内需的重要抓手。数据显示，2025年，中国服务零售额 同比增长5.5%；居民人均服务性消费支出同比增长4.5%，占居民人均消费支出的比重为46.1%。 付一夫认为，可通过三大路径高效利用现有资金渠道，助力服务消费新增长点培育：一是统筹整合现有 各类财政专项资金，优化对服务业经营主体的贷款贴息、税费减免政策，精准投向服务消费重点领域和 薄弱环节，提高资金使用效益；二是引导金融机 ...

Group 1 - The core viewpoint of the article is the issuance of a work plan by the State Council to accelerate the cultivation of new growth points in service consumption, aimed at providing strong support for high-quality economic development [1] Group 2 - The plan focuses on key areas such as transportation services, housekeeping services, online audio-visual services, travel and accommodation services, automotive aftermarket services, and inbound consumption, with efforts to stimulate development through special support policies, removal of restrictive measures, enhancement of consumption scenarios, and brand cultivation [1] - The plan also targets potential areas like performance services, sports event services, and experiential services, emphasizing the establishment of incentive mechanisms, acceleration of market-oriented operations, and innovation in regulatory methods to foster development momentum [1]

方案专门就入境消费作出部署，提出"做好单方面免签国家试行期限延长相关工作，研究稳妥扩大 单方面免签、过境免签、区域性免签政策适用范围""加快入境签证全流程在线办理全球覆盖""增加离境 退税商店"等多项务实举措，为外国游客营造更加便利、舒适的消费环境。 "开展家政服务职业技能专项培训行动""研究支持民营资本依法依规开展网络视听服务""培育一批 旅居目的地城市（区域）""加强房车露营基地建设"…… 新华社北京1月29日电 题：加快培育服务消费新增长点！国办出台12条政策举措 新华社记者 谢希瑶、黄韬铭 临近春节，各地年味渐浓，不仅年货等商品消费走俏，家政保洁、文旅出行等服务消费也在同步升 温。 为优化和扩大服务供给，促进服务消费提质惠民，国务院办公厅日前印发的《加快培育服务消费新 增长点工作方案》29日对外发布，从激发重点领域发展活力、培育潜力领域发展动能、加强支持保障三 方面提出12条政策举措。 方案划出了交通、家政、网络视听、旅居、汽车后市场、入境消费这些重点服务消费领域。 交通线也是风景线、文化带、产业廊。方案提出"制定出台促进铁路与旅游融合发展的专项支持政 策""加快车站、列车旅游化改造""开发沉浸式、多 ...