| 2026年日历 | 1月 | February | March | 2月 | January | April | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | ...

2026年伊始，"反内卷"已成为中国经济政策的一条清晰主线。这一战略导向，正从宏观叙事迅速下沉至 具体产业，尤以产能过剩、竞争激烈的制造业领域为甚。在基础化工板块，大炼化行业无疑是"内卷"的 典型样本——持续数年的产能扩张已将PTA、聚酯等环节推入恶性竞争的泥潭。2025年10月，工信部召 集头部企业召开产业发展座谈会，明确要求提交产能、产量及反内卷措施建议，这一标志性事件，正式 拉开了行业从"规模竞赛"向"高质量发展"转型的大幕。在此历史性拐点上，曾风光无限的千亿巨头东方 盛虹，正因其独特的扩张路径与财务结构，陷入一场异常艰难的被动局面，其困境折射出整个行业在出 清之年所面临的共同挑战。 扩张之困：在投资高峰撞上"内卷"拐点 2024年年报数据清晰地揭示了这一战略与周期错配的代价。在同行普遍承压但尚能维持微利或可控亏损 的背景下，盛虹归母净利润巨亏近23亿元，同比下滑超420%，净利润率跌至-22.84%，在主要竞争对手 中表现最为惨淡。这并非简单的经营不善，而是其在行业全链条同时面临价格挤压与需求疲软之时，背 负着最沉重的资产包袱。当行业进入"内卷"深水区，盛虹"大而全"的布局未能及时转化为"强而优"的竞 ...

Core Viewpoint - The recent personnel adjustments within the China Resources pharmaceutical sector reflect a strategic response to industry changes, focusing on enhancing operational efficiency and innovation capabilities in a transforming market environment [2][7]. Group 1: Personnel Changes - The legal representative of China Resources Pharmaceutical Commercial Group has been changed from Wu Jianjun to Guo Ting, marking a significant leadership shift within the company [1]. - Guo Ting's extensive experience within the China Resources system, including roles in key pharmaceutical companies, positions him to drive strategic alignment across the pharmaceutical distribution and diagnostic services sectors [3]. - Yao Donghan has been elected as an employee director of China Resources Double Crane, bringing valuable human resources management experience to support the company's organizational integration and innovation transformation [2][5]. Group 2: Strategic Adjustments - The governance structure of China Resources Pharmaceutical Commercial has been optimized, with the supervisory board being dissolved and its powers transferred to the audit committee, indicating a shift towards a more professional governance model [3]. - The company has issued 3 billion yuan in medium-term notes at a 2.19% interest rate to fund digital warehouse construction and hospital delivery network upgrades, demonstrating a commitment to enhancing operational capabilities [4]. - China Resources Double Crane has established a 500 million yuan biopharmaceutical industry fund to focus on synthetic biology and innovative drugs, aiming to create new growth avenues amid declining revenue and profit [5]. Group 3: Market Context and Industry Trends - The personnel changes occur during a period of significant policy and market transformation in the pharmaceutical industry, with new procurement policies and health insurance directories reshaping the competitive landscape [7]. - The industry is transitioning from price competition to a focus on research and quality, as indicated by the implementation of the 11th national procurement batch aimed at stabilizing clinical quality [7]. - The adjustments within China Resources are seen as a proactive adaptation to these changes, with a focus on enhancing efficiency in pharmaceutical commerce, driving innovation in chemical drugs, and strengthening brand and standards in traditional Chinese medicine [7][8].

Core Viewpoint - The article emphasizes the strategic transformation and development of Zhongyuan Bank as it enters its second decade, aligning its goals with the "Six Strong Provinces" initiative of Henan Province, focusing on high-quality development and comprehensive financial services [1][3]. Group 1: Strategic Development - Zhongyuan Bank has evolved from a regional city commercial bank to a leading financial institution in Henan, with total assets exceeding 1.4 trillion yuan [1]. - The bank aims to become a first-class city commercial bank and a leader in financial services, focusing on four key roles: government bank, industrial bank, citizen bank, and rural revitalization bank [1][3]. Group 2: High-Quality Development - The bank's strategic transformation began in 2024, emphasizing a differentiated development path to support high-quality growth in the region [3]. - Zhongyuan Bank has signed strategic cooperation agreements with nine city governments and successfully opened provincial social security fund accounts, enhancing government-bank collaboration [3]. Group 3: Financial Services for Citizens - As a "citizen bank," Zhongyuan Bank focuses on serving the long-tail customer base, enhancing its mobile banking services, and launching new financial products to stimulate consumer spending [4]. - The bank has achieved 90% coverage of financial services in rural areas, embedding financial services into grassroots governance to support rural revitalization [5]. Group 4: Support for Innovation and Manufacturing - Zhongyuan Bank is committed to supporting the manufacturing sector, which is crucial for the regional economy, by focusing on the modernization of industrial systems [6]. - The bank has developed a differentiated service system for technology enterprises, providing tailored financial products to meet diverse financing needs [7]. Group 5: Agricultural and Digital Integration - The bank has implemented initiatives to enhance financial services in rural areas, focusing on agricultural financing and digital transformation [9][10]. - By mid-2025, Zhongyuan Bank had developed 92 specialized financial service plans for key agricultural industries, significantly supporting rural economic development [10]. Group 6: Financial Infrastructure Expansion - Zhongyuan Bank has established a comprehensive financial service network in rural areas, including 168 county-level branches and nearly 5,000 rural financial service points [11]. - The bank's mobile banking service has reached 4.19 million users, reflecting its commitment to improving financial accessibility in rural regions [11].

陈刚指出，举行港澳委员、海外华人华侨列席代表座谈，既是扎实做好"四个凝聚"的具体行动，也是十 三届市政协的一项制度性安排。希望广大港澳委员、海外侨胞继续发挥中流砥柱作用，把联结海外的独 特优势与长沙发展需求相对接，引入更多新资源、链接新市场、拓展新空间，携手凝聚长沙发展的强大 合力，共同书写更加精彩的故事。 刘新良指出，当前，长沙正以中国式现代化全面推进高质量发展，希望大家聚焦全市"十五五"规划实施 和市委工作要求，积极牵线搭桥，主动建言献策，为中国式现代化长沙实践接续奋斗；继续发挥"国际 朋友圈"优势，积极传播中国好声音；坚守赤子情怀，引导更多海外青年、华裔新生代了解长沙、热爱 长沙、融入长沙，画好最大同心圆。 1月5日，市政协主席陈刚，市政协党组书记刘新良与出席政协长沙市第十三届委员会第五次会议的 港澳委员、海外华人华侨列席代表座谈，畅叙情谊，共商发展。副市长钱丽霞，市政协副主席刘金文、 黄锋，秘书长郑力虎出席。 座谈会上，市政协委员学习联络委员会（港澳台侨和外事委员会）介绍了本届以来邀请海外华人华侨列 席代表出席会议情况以及市政协十三届五次会议日程、专题活动安排；特邀港澳组委员代表介绍了一年 来的履职情 ...

Group 1 - The meeting emphasized the importance of deepening the understanding and implementation of Xi Jinping's important discourse on strengthening social work and enhancing social governance effectiveness [3] - The government system is required to align with the spirit of the Provincial Party Committee's economic work meeting and focus on achieving annual goals while contributing to the overall development of the province [4] - Key tasks include promoting rural revitalization, expanding domestic demand, building a modern industrial system, and enhancing safety measures [4] Group 2 - The meeting highlighted the need for high-quality organization of the annual democratic life meeting to set a standard for political life within the party [3] - There is a call for integrating the learning of the Central Political Bureau's meeting spirit with the implementation of the Party's innovative theories to drive high-quality development [3] - The government is urged to plan and act early to ensure a good start for the annual work, focusing on industrial development and strengthening social welfare [4]

Core Viewpoint - The chlor-alkali industry is currently facing a "homogeneous products and profit pressure" dilemma, necessitating a multi-faceted approach including technological innovation, structural optimization, and model innovation to establish a new high-quality development pattern focused on "quality improvement, efficiency enhancement, differentiated competition, and green collaboration" [1][3]. Technological Innovation - Technological innovation is essential for breaking the "involution" cycle, focusing on energy-saving and cost-reduction at the production level, as well as smart upgrades to lower costs from the source [1]. - Advanced technologies such as membrane electrolysis and heat recovery from hydrochloric acid synthesis are recommended to enhance energy efficiency [1]. - For instance, Shandong Haohua Chlor-Alkali utilizes a large model for process optimization, equipment maintenance, and intelligent inspection, achieving an annual electricity saving of 4.5 million kWh and generating nearly 10 million yuan in comprehensive benefits [1]. Structural Optimization - The core issues of "involution" stem from a single product structure and supply-demand mismatch, requiring efforts in "eliminating inefficiencies, enhancing high-end production, and supplementing the supply chain" to reshape the competitive landscape [2]. - Strict enforcement of energy efficiency policies to eliminate low-efficiency capacities can alleviate supply pressure [2]. - Traditional chlor-alkali enterprises should aim for value creation by extending into fine chemicals and new materials, as exemplified by Xingfa Group's development of high-end products like electronic-grade caustic soda and PVC resin for lithium battery binders [2]. Model Innovation - The industry must move away from "individual efforts" to address "involution" through integrated industry chains, regional collaboration, and policy guidance to create a collective development force [2]. - Learning from the Shanghai Chlor-Alkali's "Shanghai-Guangxi dual base" strategy, the industry can leverage integrated advantages of chemical parks to form a closed loop with upstream and downstream enterprises, reducing logistics costs and resource consumption [2]. - Promoting deep integration between the chlor-alkali industry and sectors like renewable energy, hydrogen energy, and green electricity can create unique competitive barriers [2]. Transition Path - The path to countering "involution" in the chlor-alkali industry fundamentally involves a shift from "scale expansion" to "quality and efficiency" [3]. - This transition requires establishing a solid foundation for cost reduction through technological innovation, creating differentiated advantages through product upgrades, and building a collaborative ecosystem through model innovation to explore new value creation opportunities [3].

Group 1 - The company held a special learning expansion meeting to integrate the spirit of the conference with its "14th Five-Year Plan" and long-term development strategy, emphasizing a comprehensive implementation plan for learning and execution [1] - A multi-dimensional promotional matrix was established to create a strong atmosphere for learning among all employees, with interactive topics on the company's official WeChat account encouraging employees to share insights and strategies based on their roles [1] - A layered and categorized learning platform was set up to deepen understanding of the conference spirit, involving different levels of leadership and staff in various learning and discussion formats [1] Group 2 - Various units quickly took action to implement the conference spirit, focusing on key areas such as carbon capture, utilization, and storage (CCUS) process optimization, and the quality enhancement of electronic-grade sulfuric acid [2] - Activities like "Party Member Responsibility Zones" and "Strongest Operation Competitions" were initiated to promote stable operation of hydrogen production systems and increase aniline output [2] - The sales and material equipment centers concentrated on market expansion and cost control, optimizing marketing strategies and upgrading procurement processes to support cost reduction and efficiency improvement [2]

以"凝聚共识"之力，为改革发展聚合力。面对社会预期偏弱、部分群体信心不足的现实情况，我们要主 动发声、正面引导，深入解读中央政策，阐明发展大势，用数据、案例彰显中国经济的韧性与潜力，推 动形成"稳预期、强信心、促发展"的强大合力。 以"监督助推"之责，为政策落地保驾护航。我们要聚焦中共中央决策部署，紧盯重点任务执行情况，精 准发力、持续跟进。围绕稳就业、稳企业、稳市场等关键举措落实，开展常态化民主监督，及时发现问 题、提出改进建议。 以"为民履职"之情，为民生福祉增温度。"履职为民"是政协委员的初心使命，我们要始终站稳人民立 场，"身"入界别、"心"连群众，把"群众盼什么"与"委员能做什么"紧密结合，让发展成果更多更公平惠 及全体人民。 开局之年，当勇担当、善作为。高质量发展是新时代的硬道理，更是"十五五"时期的核心课题。要以创 新驱动激活发展动能，深化拓展"人工智能﹢"，推动科技创新与产业创新深度融合，培育壮大新质生产 力，让创新成为经济增长的"核心引擎"。要以改革开放破除发展障碍，加快全国统一大市场建设，整 治"内卷式"竞争，完善民营经济发展政策，稳步推进制度型开放，以"放得活"与"管得好"的有机结合释 ...

Group 1 - The core viewpoint of the articles indicates that China's national economy showed stable growth in April, with improvements in production, demand, and high-quality development [1][2] Group 2 - In April, the industrial added value of large-scale industries increased by 6.7% year-on-year, with over 80% of industries and nearly 60% of products experiencing a rebound in growth [1] - The service production index grew by 3.5% year-on-year, indicating overall stability in the service sector [1] - The total import and export volume in April increased by 8% year-on-year, with the first four months of 2023 achieving a record high for the same period [1] - Retail sales of consumer goods in April rose by 2.3% year-on-year, reflecting an expanding market demand [1] - Fixed asset investment grew by 4.2% year-on-year from January to April, with manufacturing investment increasing by 9.7% [1] - The manufacturing purchasing managers' index expanded for two consecutive months, with the production and business activity expectation index at 55.2% and the service business activity index at 50.3% [1] Group 3 - The added value of equipment manufacturing and high-tech manufacturing industries increased by 9.9% and 11.3% year-on-year in April, respectively [2] - New retail models such as instant retail and live streaming sales contributed to an 11.1% year-on-year growth in online retail sales of physical goods from January to April [2] - Investment in the livelihood sector increased significantly, with education and sports investments growing by 7.7% and 12.7% year-on-year, respectively, outpacing overall investment growth [2]