Core Viewpoint - The successful acquisition of the production license for the "Xiangyun" AS700 manned airship marks a significant milestone in China's manned airship industry, transitioning from research and development to mass production and market operation [1][2][3] Group 1: Production and Certification - The "Xiangyun" AS700 manned airship received the first production license for domestic manned airships in China on December 30, 2025, which is seen as a "ticket to the sky" for the industry [1] - The airship has completed over 187 test flights, accumulating 602 hours of flight time, establishing a comprehensive quality control system for its production [2] - The certification process includes both the model qualification certificate and the production license, forming a complete regulatory framework for the airship's transition from design to production [2] Group 2: Market and Economic Impact - The AS700 airship is designed for low-altitude tourism, with a maximum range of 700 kilometers, a maximum flight time of 10 hours, and a capacity for 10 people, including one pilot [3] - The low-altitude economy is projected to reach a market size of 6,702.5 billion yuan in 2024, with expectations to grow to 15 trillion yuan by 2025 and potentially exceed 35 trillion yuan by 2035 [3] - The "One City, One Airship" initiative aims to create a collaborative low-altitude economic network across cities, enhancing tourism and local economies [5] Group 3: Strategic Partnerships and Orders - The first airship delivery to the Taicang Cultural Tourism Group signifies the transition of the AS700 airship into market operations [3] - The AS700 has received 42 orders, indicating strong market recognition and the potential for significant growth in the low-altitude economy [5] - Partnerships with local tourism and aviation entities are being established to support the operational framework for the airship, enhancing its integration into the tourism sector [5]

校地企三方的携手，是冬季招商引资中优势互补、协同发展的生动实践。中国民航大学的学科、科研与 人才优势，航大世达的资金与市场资源，与双鸭山经开区的政策支持、场景承载能力深度融合，将有效 破解低空经济发展中的多重难题。项目建成后，将形成区域性低空经济高地，推动多领域场景落地，为 双鸭山市高质量发展提供有力支撑。 双鸭山经开区将以此次冬季签约为契机，锚定全年目标任务，明确责任分工，细化工作任务，量化责任 到人，打赢冬季招商引资"攻坚战"，实现今年工作"开门红"，确保全年工作"满堂彩"，让冬季招商引资 的成果早日转化为发展实效，为全市经济转型高质量发展作出新的贡献。 本报讯（王锁冬）近日，双鸭山经开区成功牵手中国民航大学航大科技园、航大世达（天津）低空科技 发展有限公司，正式签订低空经济领域合作协议，以冬季招商引资的扎实成效，为区域发展注入强劲动 能，标志着双鸭山市低空经济产业迈入资源整合、协同发力的新阶段。 此次冬季招商签约，是双鸭山经开区抢抓低空经济新机遇、培育区域增长新动能的关键举措。依托区域 资源禀赋与产业基础，经开区与合作各方秉持"赋能、开拓、持续、共赢"宗旨，确立"甲方出支持、乙 方出技术、丙方出资金"的 ...

转自：成都日报锦观 2026，产业奔涌向"新" 从"规划图"到"施工图"再到"实景画"，成都正以产业之进支撑发展之稳。2026，让我们共同关注，共同 见证。成都日报锦观新闻记者 李艳玲 今日关注 成都新兴产业加速成势 详见02版 市委十四届八次全会锚定"五中心五地"建设目标，提出推进科技创新和产业创新高效转化深度融合，提 升现代化产业体系综合竞争力。市委经济工作会议清晰勾勒出2026年全市经济发展"施工图"，明确提出 持续用力深化科产融合，不断催生新质生产力。新年伊始，抓开局、促落地，产业奔涌向"新"，正是成 都将市委部署转化为发展实景的坚实支撑。 从今天起，成都日报锦观新闻推出"2026，产业奔涌向'新'"系列报道，紧密围绕建设全国先进制造业基 地，走进成都加快推进工业立市制造强市的产业发展一线，我们将聚焦：传统优势产业"焕新"，看制造 根基如何融入创新基因，焕发活力；新兴产业"攻坚"，探成都如何在人工智能、数字经济等赛道锻造长 板；未来产业"播种"，观察这座城市怎样在低空经济、量子科技等前沿领域前瞻布局、开拓新域。 ...

本报记者 李雯珊 见习记者 张美娜 1月4日，据工业和信息化部数据，"十四五"期间，我国低空装备产业规模不断扩大，产业产值保持年均10%以上的增速。 截至2025年12月30日，已有1081家企业完成登记注册，备案产品3623种、超529万架。 中信建投研报表示，未来中国低空经济市场将成为万亿元蓝海。《通用航空装备创新应用实施方案（2024—2030年）》明 确提出，到2030年我国将形成万亿元级通用航空装备市场规模。 国研新经济研究院创始院长朱克力在接受《证券日报》记者采访时表示，我国低空装备产业正处于蓬勃发展的阶段，企业 应完善装备研发制造体系，尤其要加速核心零部件的国产化替代进程；加大低空场景应用创新投入，通过人工智能、智能传感 技术的融合，提升装备性能与作业安全，以夯实竞争优势，抢占产业发展新赛道。 中关村物联网产业联盟副秘书长袁帅向《证券日报》记者表示，近年来，低空经济应用场景持续拓展，带动无人机物流、 低空旅游、应急救援等细分领域实现快速发展。市场对低空装备及配套服务的需求攀升，也带动了低空装备产业规模扩张。 在此背景下，低空装备产业链上下游企业积极行动，抢抓低空经济高速发展的战略机遇。其中，核心 ...

当地时间1月3日，美军对主权国家委内瑞拉发动大规模军事打击，抓走总统马杜 罗，并将其强行带往美国。美国总统特朗普当天公开宣称，美国将"管理"委内瑞 拉，美国大型石油企业将进入委内瑞拉，投资数以十亿计美元，"维修"石油基础设 施并创造收益。面对美方公然践踏《联合国宪章》的行径，多个国家和国际组织表 示强烈谴责。 兴业期货研报表示，委内瑞拉石油探明储量达3032亿桶，居世界首位，约占全球 储量比例的五分之一；据天然气输出国论坛数据，委内瑞拉天然气探明储量5.54万 亿立方米，居全球第八位；据不完全统计，委内瑞拉预测金矿储量约792吨，居全 球第四位；此外，委内瑞拉还有丰富的铝土矿、铁矿石。 不过，尽管委内瑞拉拥有丰富的矿产资源，但受多重因素影响，委内瑞拉矿产资源 实际产量与出口量均较小。 兴业期货表示，美国突袭并抓捕委内瑞拉总统事件，构成一次重大的地缘政治冲 击，将极大增加全球地缘政治的不确定性，贵金属避险属性将得到强化。此外，本 次事件也凸显了美国对拉美地区战略资源的强势态度，关键矿产贸易流的安全性降 低，地区溢价也将随之上升。贵金属有望深度定价本次事件导致的避险情绪与资源 品溢价，节后高开的概率较高。 对于原 ...

Core Viewpoint - The Guizhou Provincial Government has issued a three-year action plan to expand private investment, aiming to enhance confidence and stimulate high-quality development in the province's private investment sector [1]. Group 1: Work Objectives - The plan aims to optimize the environment for private investment, expand market access, eliminate investment barriers, and enhance project construction and policy support [2]. - By 2027, the growth rate of private investment is expected to exceed the overall fixed asset investment growth rate, with private investment accounting for approximately 42% of total fixed asset investment [2]. Group 2: Key Tasks - Strengthening industrial private investment by focusing on six major industrial clusters and three characteristic industries, while supporting private enterprises in participating in significant state-owned manufacturing projects [3]. - Expanding private investment in characteristic advantageous industries, including textiles, pharmaceuticals, and agriculture, while promoting tourism projects [3]. - Stabilizing private investment in real estate by facilitating financing mechanisms and supporting private real estate enterprises in various financing methods [3]. - Encouraging private investment in infrastructure projects with reasonable equity participation and supporting renewable energy projects [3]. - Promoting private enterprises' involvement in the "Digital Guizhou" initiative and encouraging investment in digital infrastructure [3][4]. Group 3: Policy Measures - Cleaning up market access barriers and ensuring compliance with bidding regulations to facilitate private enterprise participation [4]. - Implementing a new mechanism for government and social capital cooperation (PPP) to clarify private capital participation requirements [4]. - Increasing procurement shares for small and medium-sized enterprises in government projects [4]. - Enhancing investment service efficiency by streamlining project approval processes [4]. - Promoting key private investment projects and providing financial support for eligible projects [5].

措施在建设新型航空器总装制造能力方面，提出市区协同聚焦建设特色产业园区，加大产业用地、人才 服务、专项资金等要素资源支持力度，为落地的低空航空器总装制造及关键配套项目提供综合性保障。 对eVTOL、吨级工业级无人机等技术创新度高、产业化贡献突出的整机生产制造项目，给予最高不超 过1亿元支持。引导低空产业基金联动社会资本给予股权投资支持。 之所以将低空经济列为"十五五"产业新增长点，打造"世界eVTOL之都"，源于上海的产业基础。 低空经济是以 eVTOL、工业级无人机等新型航空器研制为核心竞争力，强化颠覆性技术创新引领，广 泛开展有人驾驶和无人驾驶航空器的低空飞行活动,驱动设计制造、运营、消费多领域融合发展的创新 性经济形态。上海作为中国最早发展低空经济的城市之一，在低空经济的重要载体——eVTOL方面拥 有着良好的产业基础。目前，上海拥有完善的低空经济生态圈，全国50%以上的 eVTOL 头部企业已选 择上海。御风航空、峰飞、时的、沃兰特、磐拓等eVTOL头部企业几乎全在上海，被称为"eVTOL五小 龙"。 另外金山区的"华东无人机基地"，成为全国首批"民用无人驾驶航空试验区"，是国内唯一一个以海岛为 应用 ...

Cross-Border Trade - The State Council, led by Premier Li Qiang, has initiated policies to promote cross-border trade facilitation, emphasizing its importance in creating a top-tier business environment [1] - Cross-border trade is expected to transition from "scale expansion" to "high-quality development," with an anticipated annual growth rate of over 15% from 2026 to 2030 [1] Low Altitude Economy - The E40H unmanned aerial vehicle system from Yufeng Future has received a type certificate from the Civil Aviation Administration of China, marking a significant milestone in the low-altitude economy [2] - The low-altitude economy is projected to reach a market size of 1.5 trillion yuan by 2025 and over 3.5 trillion yuan by 2035, driven by advancements in various sectors [2][6] Semiconductor Industry - Domestic semiconductor companies are increasingly disclosing major merger and acquisition plans, indicating a rapid acceleration in industry consolidation [3] - Key mergers include SMIC's acquisition of a 49% stake in Northern Semiconductor for 40.6 billion yuan, reflecting a strategic intent to enhance core competitiveness [3][4] Oil and Gas - A recent military conflict in Venezuela has led to a complete halt of the country's oil exports, significantly impacting global heavy crude oil supply and increasing oil price pressures [4][5] - The situation has raised concerns over energy supply security, with shipping risks in the Caribbean further exacerbating the issue [5] Commercial Aerospace - The commercial space sector in China is experiencing robust growth, with multiple rocket launches planned for 2025, contributing to the country's ambitions in space exploration [5][6] - The satellite internet market, leveraging low Earth orbit satellites, is becoming a focal point for global competition, with over 70,000 low Earth orbit satellite applications expected by the end of 2024 [6] Duty-Free Market - The Hainan duty-free market saw significant growth during the New Year holiday, with sales reaching 712 million yuan, a 128.9% increase year-on-year [7][8] - The zero-tariff policy has expanded significantly, now covering 6,600 product categories, which is expected to have a substantial impact on the local and national duty-free business [8] Nuclear Fusion - The EAST nuclear fusion experiment has confirmed the existence of a density-free zone, providing critical insights for high-density operation in magnetic confinement fusion devices [8][9] - The Chinese government is prioritizing nuclear fusion as a new economic growth point, with significant investments expected in the coming years [9] Brain-Computer Interface - Neuralink plans to start mass production of brain-computer interface devices in 2026, with advancements in automated surgical processes [10] - The industry is gaining traction with supportive policies from the government, indicating a growing interest in applications for movement disorders and mental health [10]

之所以将低空经济列为"十五五"产业新增长点，打造"世界eVTOL之都"，源于上海的产业基础。 低空经济是以 eVTOL、工业级无人机等新型航空器研制为核心竞争力，强化颠覆性技术创新引领，广泛开展有人驾驶和无人驾驶航空器的低空飞行活动,驱 动设计制造、运营、消费多领域融合发展的创新性经济形态。上海作为中国最早发展低空经济的城市之一，在低空经济的重要载体——eVTOL方面拥有着 良好的产业基础。目前，上海拥有完善的低空经济生态圈，全国50%以上的 eVTOL 头部企业已选择上海。御风航空、峰飞、时的、沃兰特、磐拓等eVTOL 头部企业几乎全在上海，被称为"eVTOL五小龙"。 上海拟聚焦低空经济、商业航天、具身智能、生物制造、智能终端，使它们成为上海产业新增长点，力争"十五五"时期整体达到万亿元规模。 集聚全国50%以上eVTOL头部企业的上海，再发新政支持低空经济发展。 1月4日，《上海市关于链接长三角加快建设低空经济先进制造业集群的若干措施》（下称"措施"）公布，提出到2028年，上海低空经济核心产业规模达到 800亿元左右，形成低空新型航空器完整产业链体系，建设低空经济国家先进制造业集群，加快迈向比较优势凸 ...

Key Points - The U.S. military operation in Venezuela resulted in the capture of President Nicolás Maduro and his wife, with the U.S. planning to take control of Venezuela's oil industry [2] - The Hong Kong stock market opened strongly, with the Hang Seng Index rising by 2.76% and the Hang Seng Tech Index increasing by 4% [3] - The public fund fee reduction reform has been fully implemented, expected to save investors 51 billion yuan annually, with a 20% decrease in comprehensive fund fee rates [4] - Warren Buffett officially retired as CEO of Berkshire Hathaway, continuing as chairman while retaining a significant stake [5] - The National Integrated Circuit Fund increased its stake in SMIC from 4.79% to 9.25% [6] - Baidu plans to spin off its Kunlun Chip business and apply for an IPO in Hong Kong [7] - Tesla reported 1.6361 million vehicle deliveries in 2025, losing the title of the world's top electric vehicle seller to BYD, which sold 2.2567 million vehicles, a 27.86% increase from 2024 [8] - Shanghai aims to develop a low-altitude economy, targeting an industry scale of 80 billion yuan by 2028 [9] - Moutai launched the "i Moutai" channel, with significant sales during the New Year holiday [10] - The State Grid's development plan aims for a new grid platform by 2030, enhancing renewable energy integration and supporting a significant increase in power transmission capacity [11] Brokerage Insights - CITIC Securities highlighted a structural bull market in 2025, driven by a reassessment of China's tech capabilities and external demand resilience, predicting a higher likelihood of market gains in 2026 [12] - Shenwan Hongyuan noted a favorable window for risk appetite, with potential catalysts from upcoming events like the Spring Festival and the Two Sessions [13] - Guojin Securities pointed out that market dynamics are changing, with a focus on fundamental signals and a recommendation for industrial resources and equipment exports [14][15] - Hua'an Securities emphasized the importance of macro policies and the AI industry as key investment themes for the upcoming spring market [16] - CITIC Construction Investment expressed optimism for the cross-year market, focusing on sectors like semiconductors and AI [17] - Cinda Securities suggested a gradual start to the spring market, with a need for economic data to support further index gains [18] - Everbright Securities advised patience regarding the spring market, noting historical patterns in January's performance [19] - Guotai Haitong highlighted the potential for a stable market environment due to favorable liquidity conditions and policy support [20] - Zhongtai Securities recommended cautious optimism for the tech sector, focusing on specific sub-sectors like robotics and commercial aerospace [21] - Galaxy Securities summarized the holiday events and projected a continuation of structural market trends into 2026 [22][23]