【智通财经10月24日早间新闻精选】 1、中国共产党第二十届中央委员会第四次全体会议公报10月23日 发布。全会提出了"十五五"时期经济社会发展的主要目标：高质量发展取得显著成效，科技自立自强水 平大幅提高，进一步全面深化改革取得新突破，社会文明程度明显提升，人民生活品质不断提高，美丽 中国建设取得新的重大进展，国家安全屏障更加巩固。在此基础上再奋斗五年，到二〇三五年实现我国 经济实力、科技实力、国防实力、综合国力和国际影响力大幅跃升，人均国内生产总值达到中等发达国 家水平，人民生活更加幸福美好，基本实现社会主义现代化。 2、商务部新闻发言人就中美经贸磋商有 关问题答记者问时表示，经中美双方商定，中共中央政治局委员、国务院副总理何立峰将于10月24日至 27日率团赴马来西亚与美方举行经贸磋商。 3、商务部新闻发言人就欧盟第19轮对俄制裁列单中国企业 答记者问表示，中方将采取必要措施，坚决维护中国企业的正当合法权益，坚决维护自身能源安全和经 济发展。 4、从商务部了解到，截至10月22日，2025年汽车以旧换新补贴申请量突破1000万份，其中汽 车报废更新超340万份，置换更新超660万份。 5、安世中国发表声 ...

Group 1 - The report emphasizes a shift towards focusing on economic construction during the 14th Five-Year Plan, indicating a heightened urgency for economic growth compared to the previous plan [10][13][19] - Key areas of focus include the development of advanced manufacturing, technological self-reliance, and expanding domestic demand, which are seen as strategic priorities for the 15th Five-Year Plan [2][13][20] - The report anticipates that policies aimed at achieving economic growth targets will likely lead to increased fiscal and monetary support in the fourth quarter [10][18] Group 2 - The report suggests that the A-share market is likely to maintain a slow bull trend, with improving profit expectations driven by policies focused on economic construction and advanced manufacturing [3][15][18] - Short-term market dynamics may also benefit from increased liquidity and a positive outlook on economic growth, which could enhance market risk appetite [3][18][19] - The report identifies specific sectors that may benefit from these trends, including TMT (Technology, Media, and Telecommunications), machinery, and military industries, which are aligned with the modernization of the industrial system [4][19][20] Group 3 - Industries related to new productive forces, such as TMT, machinery, and military sectors, are expected to benefit from policies promoting technological innovation and infrastructure development [4][19][20] - The advanced manufacturing sector, including non-ferrous metals, chemicals, and pharmaceuticals, is highlighted as a key area for growth, driven by national security and environmental sustainability initiatives [20][21][22] - Consumer sectors, particularly those related to social services and retail, are also positioned to gain from policies aimed at boosting domestic demand and improving living standards [22][23]

外媒注意到 " 保持制造业合理比重 " 全会指出，"十五五"时期是基本实现社会主义现代化夯实基础、全面发力的关键时期，在基本实现社会主义现代化进程中具有 承前启后的重要地位。 全会提出了"十五五"时期经济社会发展的主要目标：高质量发展取得显著成效，科技自立自强水平大幅提高，进一步全面深化 改革取得新突破，社会文明程度明显提升，人民生活品质不断提高，美丽中国建设取得新的重大进展，国家安全屏障更加巩 固。在此基础上再奋斗五年，到二〇三五年实现我国经济实力、科技实力、国防实力、综合国力和国际影响力大幅跃升，人均 国内生产总值达到中等发达国家水平，人民生活更加幸福美好，基本实现社会主义现代化。 美联社23日在报道中提及，四中全会公报称，"'十五五'时期中国发展环境面临深刻复杂变化"，"不确定难预料因素增多"。法国 外贸银行高级经济学家吴卓殷表示，公报表明中国政府有信心通过国内政策工具应对外部挑战。此外，全会提出"加快高水平科 技自立自强""完善收入分配制度"及"加快经济社会发展全面绿色转型"。全会还提出，"坚持扩大内需这个战略基点，坚持惠民生 和促消费"，美联社引述经济学家的话表示，这对中国经济增长很重要。 路透社等 ...

Group 1 - The core viewpoint of the articles emphasizes the significance of the 20th Central Committee's Fourth Plenary Session in shaping China's development strategy for the next five years, particularly focusing on achieving decisive progress in socialist modernization [1][2][3] - The session approved the "Suggestions on Formulating the 15th Five-Year Plan for National Economic and Social Development," which outlines the strategic direction and key tasks for the upcoming period [1][2] - The importance of high-quality development and enhancing domestic circulation is highlighted as a strategic foundation for the 15th Five-Year Plan, with a focus on expanding domestic demand [4][5] Group 2 - The articles discuss the need for a coordinated approach to development and security, emphasizing that national security is crucial for the stability and progress of Chinese-style modernization [8] - The role of technology and innovation is underscored, with a commitment to achieving high-level technological self-reliance and fostering new productive forces as a strategic task [5][6] - The articles reflect on the achievements during the 14th Five-Year Plan period, noting the resilience and adaptability of the Chinese economy in the face of global challenges [2][3]

Core Viewpoint - Financial institutions are focusing on optimizing financial support for major strategies, key areas, and weak links to accelerate the development of new productive forces and contribute to China's modernization and the establishment of a strong financial nation [1][4]. Financial Industry Role - The 20th National Congress emphasized the importance of accelerating high-level technological self-reliance and leading the development of new productive forces, integrating education, technology, and talent development to enhance the national innovation system [2]. - The financial sector has achieved significant progress during the 14th Five-Year Plan, with enhanced comprehensive strength and improved financial services [2]. Financial Support and Performance - Financial institutions have effectively played their role as the main channel for financing, providing an additional 170 trillion yuan to the real economy through various means such as loans, bonds, and equity [3]. - Key areas have seen precise financial support, with annual growth rates of 27.2% for scientific research loans, 21.7% for medium- and long-term loans in manufacturing, and 10.1% for infrastructure loans [3]. - The balance of inclusive loans for small and micro enterprises reached 36 trillion yuan, 2.3 times that of the end of the 13th Five-Year Plan, with interest rates decreasing by 2 percentage points [3]. - The insurance industry has significantly enhanced livelihood protection, with cumulative compensation reaching 9 trillion yuan, a 61.7% increase compared to the 13th Five-Year Plan [3]. Future Financial Strategies - Financial institutions plan to continue optimizing support for major strategies and key areas, focusing on the development of new productive forces and high-quality economic growth [4]. - The Industrial and Commercial Bank of China aims to leverage technology finance as a strategic support for a technology-driven nation, enhancing financial services and product systems [4]. - Financial institutions are encouraged to create a comprehensive financial service system covering the entire lifecycle of enterprises and improve credit evaluation and risk control mechanisms for technology companies [4]. - There is a commitment to maintaining stability, enhancing systemic thinking, and strengthening risk prevention capabilities while balancing development and safety [4].

Core Viewpoint - The Fourth Plenary Session of the 20th Central Committee of the Communist Party of China highlighted significant achievements during the 14th Five-Year Plan period, emphasizing China's resilience in the face of global challenges, including the COVID-19 pandemic and rising trade protectionism [2][3][4]. Economic Performance - China's GDP surpassed 110 trillion, 120 trillion, and 130 trillion yuan during the 14th Five-Year Plan, with a projected GDP of approximately 140 trillion yuan in 2025, reflecting a 23.9% increase from 2020 and an average annual growth rate of 5.5% [3][4]. - In 2025, China's GDP growth is estimated to reach around 5%, with a total economic increment expected to exceed 35 trillion yuan during the 14th Five-Year Plan [4][5]. International Economic Context - The global economic uncertainty has increased significantly due to U.S. tariff policies and geopolitical conflicts, with the world instability index rising over threefold from the end of 2024 [4]. - The International Monetary Fund (IMF) revised its growth forecasts for China and the global economy, increasing China's growth rate prediction from 4.0% to 4.8% and the global growth rate from 2.8% to 3.2% [5]. Future Goals - The 15th Five-Year Plan aims for high-quality development, significant improvements in technological self-reliance, and enhanced social and economic reforms, with a target of achieving a per capita GDP at the level of moderately developed countries by 2035 [6]. - The plan emphasizes the importance of fostering new productive forces and promoting industrial upgrades to achieve high-quality economic growth [6].

全会提出了"十五五"时期经济社会发展的主要目标：高质量发展取得显著成效，科技自立自强水平大幅 提高，进一步全面深化改革取得新突破，社会文明程度明显提升，人民生活品质不断提高，美丽中国建 设取得新的重大进展，国家安全屏障更加巩固。在此基础上再奋斗五年，到二〇三五年实现我国经济实 力、科技实力、国防实力、综合国力和国际影响力大幅跃升，人均国内生产总值达到中等发达国家水 平，人民生活更加幸福美好，基本实现社会主义现代化 出席这次全会的有，中央委员168人，候补中央委员147人。中央纪律检查委员会常务委员会委员和有关 方面负责同志列席会议。党的二十大代表中部分基层同志和专家学者也列席了会议。 全会由中央政治局主持。中央委员会总书记习近平作了重要讲话。 中国共产党第二十届中央委员会第四次全体会议，于2025 年10月20日至23日在北京举行。中央委员会总书记习近平 作重要讲话。 新华社记者 谢环驰摄 中国共产党第二十届中央委员会第四次全体会议，于2025 年10月20日至23日在北京举行。中央政治局主持会议。 新华社记者 丁海涛摄 全会听取和讨论了习近平受中央政治局委托所作的工作报告，审议通过了《中共中央关于制定国民经 ...

全会号召 全党全军全国各族人民要更加紧密地团结在以习近平同志为核心的党中央周围，为基本实现社会主义现 代化而共同奋斗，不断开创以中国式现代化全面推进强国建设、民族复兴伟业新局面 全会充分肯定党的二十届三中全会以来中央政治局的工作 中央政治局认真落实党的二十大和二十届历次全会精神，坚持稳中求进工作总基调，完整准确全面贯彻 新发展理念，统筹推进"五位一体"总体布局，协调推进"四个全面"战略布局，统筹国内国际两个大局， 统筹发展和安全，进一步全面深化改革，扎实推动高质量发展，推进社会主义民主法治建设，加强宣传 思想文化工作，切实抓好民生保障和生态环境保护，维护国家安全和社会稳定，开展深入贯彻中央八项 规定精神学习教育、纵深推进全面从严治党，加强国防和军队现代化建设，做好港澳工作和对台工作， 深入推进中国特色大国外交，推动经济持续回升向好，"十四五"主要目标任务即将胜利完成。隆重纪念 中国人民抗日战争暨世界反法西斯战争胜利80周年，极大振奋民族精神、激发爱国热情、凝聚奋斗力量 全会高度评价"十四五"时期我国发展取得的重大成就 "十四五"时期我国发展历程极不寻常、极不平凡。面对错综复杂的国际形势和艰巨繁重的国内改革发展 ...

Core Points - The "15th Five-Year Plan" period is crucial for achieving basic socialist modernization and will focus on high-quality development and technological self-reliance [5][6][7] - The recent Fourth Plenary Session of the 20th Central Committee emphasized the importance of unity under Xi Jinping's leadership to tackle challenges and promote national rejuvenation [1][2][4] - The economic achievements during the "14th Five-Year Plan" period include crossing significant GDP milestones and contributing approximately 30% to global economic growth [2][3] Economic Development - Sichuan's economy has seen significant growth, surpassing 5 trillion and 6 trillion yuan, moving from 6th to 5th in national rankings [3] - The average income in certain villages has nearly doubled compared to 2020, indicating improved living standards [3] - The province's industrial sectors, such as the power battery industry, have also reported substantial growth, with outputs exceeding 100 billion yuan for two consecutive years [3] Strategic Goals - The "15th Five-Year Plan" outlines key objectives including enhancing economic quality, deepening reforms, and improving social welfare [5][6] - Specific measures include focusing on the real economy, boosting innovation, and expanding domestic markets [6][7] - The plan aims to create a modern industrial system and promote green transformation across various sectors [6][7] Implementation and Local Initiatives - Local governments and enterprises are committed to implementing the directives from the Fourth Plenary Session, focusing on practical actions to achieve high-quality development [8][9] - Projects such as the Chengdu-Deyang railway are being expedited to enhance regional integration and connectivity [9] - Efforts to optimize the business environment are underway, with initiatives aimed at improving service integration and supporting local economies [9][10]

● 本报记者 石诗语 展望"十五五"，多家金融机构表示，将以做精做深金融"五篇大文章"为战略支点，持续优化对重大战 略、重点领域和薄弱环节的金融支持，助力新质生产力加快发展壮大，为推进中国式现代化、建设金融 强国贡献更大力量。 金融业发挥重要作用 党的二十届四中全会提出，加快高水平科技自立自强，引领发展新质生产力。抓住新一轮科技革命和产 业变革历史机遇，统筹教育强国、科技强国、人才强国建设，提升国家创新体系整体效能，全面增强自 主创新能力，抢占科技发展制高点，不断催生新质生产力。要加强原始创新和关键核心技术攻关，推动 科技创新和产业创新深度融合，一体推进教育科技人才发展，深入推进数字中国建设。 数据显示，金融机构有效发挥融资主渠道作用，银行业保险业通过信贷、债券、股权等多种方式，为实 体经济提供新增资金170万亿元。重点领域投放精准有力，科研技术贷款、制造业中长期贷款、基础设 施贷款年均增长27.2%、21.7%、10.1%。普惠型小微企业贷款余额36万亿元，是"十三五"末的2.3倍，利 率下降2个百分点。同时，民生保障显著增强，保险业累计赔付9万亿元，较"十三五"时期增长61.7%。 金融监管总局局长李云泽 ...