Core Viewpoint - The article analyzes the performance of China's assets in 2025, highlighting a 27.6% increase in the Wind All A Index, with significant gains in sectors such as non-ferrous metals, electronics, and defense industries, driven by global narratives and high-end manufacturing [1][12][13]. Group 1: Asset Performance and Industry Analysis - In 2025, the Wind All A Index rose by 27.6%, with leading sectors including non-ferrous metals (94.7%), electronics (47.9%), and defense (34.3%) [1][13]. - The profitability of industrial enterprises showed a positive trend, particularly in high-end manufacturing and related raw materials, with notable profit growth in non-ferrous metals (32.3%) and computer communication electronics (15.0%) [1][14]. - The performance of various industries was influenced by global trends, with precious metals and the AI industry chain showing remarkable results [1][12]. Group 2: Demand Drivers and Economic Structure - The demand side in 2025 was driven by three main factors: consumer spending on durable goods (e.g., home appliances), exports of electromechanical and high-tech products, and investment in equipment [2][16]. - Exports of electromechanical products and high-tech goods grew by 8.4% and 7.5%, respectively, outpacing overall export growth of 5.5% [2][18]. - Investment in construction and infrastructure declined by 8.4%, while equipment investment increased by 11.8% due to policy incentives [2][16]. Group 3: Industrial Price Trends - The Producer Price Index (PPI) fell by 2.6% in 2025, with traditional raw material sectors contributing significantly to this decline [3][20]. - The PPI decline was primarily driven by upstream traditional industries, which accounted for 66% of the decrease, while emerging manufacturing sectors contributed 23% [3][21]. - In the second half of 2025, PPI showed signs of recovery, with month-on-month increases observed in several industries, including coal and non-ferrous metals [3][22]. Group 4: Inventory Dynamics - The inventory-to-sales ratio in the industrial sector rose to 0.58 by November 2025, indicating a trend of increasing inventory levels [4][24]. - The inventory cycle showed a pattern of active replenishment at the beginning of the year, followed by passive accumulation later in the year [4][25]. - By November 2025, nominal and actual inventory levels had increased by 4.6% and 6.8%, respectively, compared to the previous year [4][24]. Group 5: Policy Outlook for 2026 - The core policy focus for 2026 is to address demand shortfalls, with an emphasis on optimizing supply-demand relationships [5][27]. - If fixed asset investment recovers to around 3.8%, the economic supply-demand ratio is expected to improve significantly [5][28]. - The 2026 policy aims to enhance consumer spending and investment, particularly in the service sector, to stimulate economic growth [5][35]. Group 6: Export and Consumption Trends - The export environment in 2026 is expected to remain stable, with structural highlights in midstream manufacturing [6][30]. - The IMF projects a global economic growth of 3.1% for 2026, with emerging economies in Asia and Africa leading the growth [6][31]. - Policies aimed at increasing consumer spending, particularly in the service sector, are anticipated to drive economic recovery [6][35]. Group 7: Investment Recovery and Infrastructure - Investment in infrastructure is projected to recover in 2026, with significant funding allocated for various projects [8][39]. - The early 2026 investment outlook is positive, with a notable increase in the scale of funding for key projects compared to 2025 [8][38]. - Central enterprises are expected to play a crucial role in driving investment, with substantial planned expenditures in infrastructure [8][39]. Group 8: Emerging Industries and Technological Development - The "14th Five-Year Plan" emphasizes the development of emerging industries, including artificial intelligence and quantum technology [9][40]. - Significant growth was observed in sectors such as drone technology and satellite communications, indicating a robust expansion of new industries [9][40]. - The application of advanced technologies in industrial enterprises has increased dramatically, reflecting a shift towards more innovative practices [9][40].

会议强调，雄安各级工会组织和广大工会干部，要在新区党工委、管委会和省总工会的领导下，进一步 解放思想、开拓创新、敢于担当，团结动员广大雄安建设者，在高标准高质量推进雄安新区建设现代化 城市中，建新功立伟业，凝聚磅礴力量。 编辑： 马娜 责任编辑： 王红润 审核： 王书军 会议指出，过去三年，雄安工会在新区党工委、管委会和省总工会的坚强领导下，紧扣"围绕中心、服 务大局"主线，多点突破、亮点纷呈：职工思想政治引领走深走实，"中国梦・劳动美"等活动凝聚起职 工跟党走的强大合力；技能和劳动竞赛助力建功立业，成果丰硕；"雄小匠""雄咖"等文化IP深入人 心，"四季送""职工夜校""雄工杯"系列活动获职工纷纷点赞；"法院+公服+工会"争议化解机制成效显 著，维权服务精准有力；工会组织覆盖面逐步增大，服务疏解能力有效提高，工会组织的凝聚力与战斗 力不断提升。 会议强调，2026年是"十五五"规划的开局之年，是高标准高质量推进雄安新区建设现代化城市的关键之 年，雄安各级工会组织要以实施"四项工程"为抓手，奋力推动雄安工会各项工作提能级。一是实施"铸 魂领航"工程，推动职工思想引领提能级；二是实施"建功立业"工程，推动服务发 ...

作为从车间成长起来的高技能人才代表，苏州市人大代表、昆山科森科技（603626）股份有限公司主任 工程师李永始终聚焦企业发展核心需求。2026年苏州两会期间，他结合二十余年一线工作经验积极发 声，为苏州"十五五"规划落地见效建言献策，助力城市与人才实现"双向奔赴"。 李永高度认可"十五五"规划的顶层设计，认为其科学合理且贴合城市发展实际。"'十五五'期间，我们苏 州要实现更高层次的一个跨越。要实现这样的跨越，从顶层设计到真正落地成产能，我们一线的技能人 才要发挥出更大的作用。"他认为，规划中布局的新产业（300832）新赛道，需要各方协同发力加快落 地，而一线的高技能人才正是将规划转化为实际产能的核心力量。 对于规划中提出的大专以上学历人才150万人输出目标，李永抱有极高期待。他认为，这一目标将为苏 州高技能人才队伍注入新鲜血液，提供重要补充，为产业升级和城市发展筑牢人才根基。"我们愿意去 努力学习、去成长，支撑我们社会的发展。" 扬子晚报/紫牛新闻记者於苏云 "我在一线工作二十多年，深知我们企业对于一线高技能人才是多么的渴望。"李永说，作为昆山科森科 技股份有限公司的主任工程师，他亲身经历了企业从技术攻坚到 ...

Core Insights - The city’s Political Consultative Conference (CPPCC) report reflects a high political stance and effective performance, emphasizing the CPPCC's role in serving the capital's development [1] - The report includes significant changes related to the "14th Five-Year Plan," highlighting major events from the past year [2] Discussion and Feedback - Members expressed that the report aligns closely with the actual development of the capital, with a focus on the transformation of scientific research achievements in universities [2] - The report's concise language and the concept of "strengthening confidence, gathering public sentiment, warming hearts, and building consensus" encapsulate the CPPCC's various responsibilities [2] Proposals and Recommendations - A large number of impactful proposals were made by CPPCC members over the past year, many of which have been integrated into the decisions and policies of the municipal government [2] - The CPPCC's work plan for 2026 will focus on enhancing Beijing's role as an international technology innovation center and promoting the integration of advanced manufacturing and modern service industries [3] Sector-Specific Insights - The development of the embodied intelligence industry is gaining momentum, with suggestions for building an industrial chain in the Beijing-Tianjin-Hebei region [4] - Recommendations were made to form specialized advisory teams targeting key areas of the "14th Five-Year Plan," ensuring that expertise aligns with topic needs [5] - The importance of cultural representation through fashion was highlighted, noting its evolution from commercial attributes to cultural narratives [6]

中央和国家机关广大党员干部表示，要学深悟透习近平总书记的重要讲话和党的二十届四中全会精 神，坚定制度自信，聚焦重点任务，强化使命担当，切实把学习成果转化为推动"十五五"时期经济社会 高质量发展的生动实践。 央广网北京1月25日消息 据中央广播电视总台中国之声《新闻和报纸摘要》报道，习近平总书记近 日在省部级主要领导干部学习贯彻党的二十届四中全会精神专题研讨班开班式上发表重要讲话，围绕把 学习贯彻党的二十届四中全会精神不断引向深入进行再动员、再部署，对在党中央坚强领导下扎实做好 各项工作，努力实现"十五五"良好开局作出科学指引。 习近平总书记以"四个有利于"深刻总结了制定和实施五年规划体现的政治优势，以"五个坚持"概括 了在长期实践中创造积累的丰富经验。习近平总书记强调，党的二十届四中全会对"十五五"时期经济社 会发展作出战略部署，要全面深刻准确领会和把握。 财政部预算司副司长唐在富：我们要深刻理解总书记重要讲话的丰富内涵、精髓要义和实践要求， 坚决贯彻落实党中央决策部署，实施好更加积极的财政政策，深化财税体制改革，优化财政支出结构， 更好发挥财政在国家治理中的基础和重要支柱作用。 习近平总书记强调，经济发展和 ...

中新网上海1月25日电(范宇斌)2025年度上海市区侨联青委会工作交流会24日在上海市徐汇区举行。上 海市侨联主席齐全胜、副主席陈银儿，上海市侨青会第二届理事会班子及秘书处成员，上海市部分区级 侨联负责人，各区侨联和相关高校侨青会会长、秘书长等参加会议。 齐全胜表示，2025年，上海市侨青会围绕中心、服务大局，各项工作取得新进展、新成效。2026年 是"十五五"规划开局起步之年，也是侨青会承前启后、继往开来的关键一年，希望侨青会一是持续深化 海外联谊主线，广泛团结联系华裔新生代；持续加强重点群体的团结引导，优化分类服务；持续推进会 务规范化运作，树立工作标杆。二是加强市、区联动，形成整体合力；深度挖掘区域产业资源，打造差 异化的侨青工作品牌；增强协同意识，主动对接上海市侨联重点活动。三是高质量开展换届工作，广泛 凝聚侨青精英，科学谋划未来五年侨青工作重点内容，推动上海侨青事业在"十五五"时期实现更高质量 发展。 陈银儿表示，上海市侨青会2025年工作成绩斐然，主要体现在三方面：海外联谊能级提升，依托"侨连 五洲·沪上进博"等平台，成功打造"侨青之夜""新春团拜会"等品牌，显著扩大国际朋友圈；精准服务效 能凸显 ...

（来源：北京新闻广播） #2026北京两会话商务# 【2026年北京"两区"建设怎么干？重点在这里】2026年是"十五五"规划的起步 之年，北京市商务局将以"两区"建设为引领，在扩大高水平对外开放中展现新担当。#聚焦2026北京两 会##聚焦北京两区建设# ...

2026年，是"十五五"规划的开局之年，省委经济工作会议为传统产业、新兴产业、未来产业齐头并进这 一明确目标划上重点，锚定重要航向。站在新起点，广东究竟如何走在前、作示范、挑大梁？让我们一 同聚焦广东两会，见证委员们的实干担当。 本期节目嘉宾：广东省政协委员、中铁南方投资集团有限公司党委书记、董事长 李仲峰；广东省政协 委员、世界数字科学院国际首席人工智能官 杜兰；广东省政协委员、安永中国主席 陈凯。让我们一起 带着对广东发展的深切期许，聆听委员们的"铿锵之声"！ 新岁启航，携手奋进，开局定向，蓝图铺就！ 这里是《观点财经》广东两会特别节目——《走在前 作示范 挑大梁 2026广东两会•会客厅》！ ...

（文章来源：21世纪经济报道） 2026年，是"十五五"规划的开局之年，省委经济工作会议为传统产业、新兴产业、未来产业齐头并进这 一明确目标划上重点，锚定重要航向。站在新起点，广东究竟如何走在前、作示范、挑大梁？让我们一 同聚焦广东两会，见证委员们的实干担当。 本期节目嘉宾：广东省政协委员、中铁南方投资集团有限公司党委书记、董事长李仲峰；广东省政协委 员、世界数字科学院国际首席人工智能官杜兰；广东省政协委员、安永中国主席陈凯。让我们一起带着 对广东发展的深切期许，聆听委员们的"铿锵之声"！ 新岁启航，携手奋进，开局定向，蓝图铺就！ 这里是《观点财经》广东两会特别节目——《走在前作示范挑大梁 2026广东两会·会客厅》！ ...

新华社北京1月24日电 题：踔厉奋发向前进 笃行实干绘蓝图——习近平总书记在省部级主要领导干部专 题研讨班开班式上的重要讲话激励广大干部群众奋进"十五五"开局之年 新华社记者 省部级主要领导干部学习贯彻党的二十届四中全会精神专题研讨班20日至23日在中央党校（国家行政学 院）举行。习近平总书记在开班式上发表重要讲话，就全面深刻准确领会和把握党的二十届四中全会战 略部署等重大问题进行深入阐述，提出明确要求。 连日来，广大干部群众认真学习习近平总书记重要讲话精神。大家表示，要以习近平总书记重要讲话为 指引，保持战略定力，增强必胜信心，努力实现"十五五"良好开局，奋力开创中国式现代化建设新局 面。 坚定信心 不断增强我国发展的确定性和可持续性 习近平总书记以"四个有利于"深刻总结了制定和实施五年规划体现的政治优势，以"五个坚持"概括了在 长期实践中创造积累的丰富经验。 "总书记的重要讲话深刻阐明了制定和实施五年规划的重要内涵，我们党不断结合新的实际把这一优势 发扬光大，为推进中国式现代化提供坚强制度保证。"中央党校（国家行政学院）经济学教研部主任赵 振华说，"十五五"时期是基本实现社会主义现代化夯实基础、全面发力的 ...