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LPR连续九个月“按兵不动”年内仍存下行空间
Zhong Guo Zheng Quan Bao· 2026-02-24 20:28
Core Viewpoint - The People's Bank of China has maintained the Loan Prime Rate (LPR) at 3.0% for the 1-year term and 3.5% for the 5-year term, indicating a stable monetary policy environment with potential for future rate cuts [1] Group 1: Current LPR Situation - The LPR has remained unchanged for nine consecutive months, reflecting a stable pricing basis for February [1] - The net interest margin for commercial banks has been low at 1.42%, reducing the incentive for banks to lower LPR quotes [1] - The current financing costs for the real economy are relatively low, with the average interest rate for new corporate loans at approximately 3.2%, down about 20 basis points year-on-year [1] Group 2: Future Expectations - There is a high certainty of interest rate cuts within the year, with the timing dependent on the recovery of credit demand [2] - It is anticipated that after initial structural monetary policy rate cuts, a reduction in policy rates may occur in the second quarter, leading to a subsequent decline in LPR [2] - Regulatory authorities may guide a significant reduction in the 5-year LPR, potentially combined with fiscal subsidies to lower residential mortgage rates further [2]
成都产业链高质量发展的实践探索与未来路径
Xin Lang Cai Jing· 2026-02-24 20:22
Core Viewpoint - Chengdu is focusing on high-quality development through industrial chain enhancement and innovation, aiming to establish a modern industrial system and improve its competitive edge in the global market [1][6]. Group 1: Industrial Cluster Development - Chengdu is promoting industrial clustering as a core form of high-quality development, transitioning from dispersed layouts to concentrated clusters through systematic policy design [2]. - The city has implemented a "chain leader + special class" mechanism to establish a focused industrial chain promotion system, creating a multi-level industrial cluster framework [2]. - Chengdu has formed trillion-level industrial clusters and hundreds of billion-level industrial chains, leading in the number of national advanced manufacturing clusters among sub-provincial cities [2]. Group 2: Innovation and Digital Transformation - Innovation is identified as the primary driver for high-quality industrial development, with Chengdu focusing on integrating innovation chains with industrial chains [3]. - The city has launched the "Smart Transformation" initiative, establishing a policy support system to facilitate digital transformation for small and medium-sized enterprises [4]. - Chengdu has achieved significant results in digital transformation, becoming the only city in the western region to win three national-level digital transformation pilot projects [4]. Group 3: Element Supply and Business Environment - Chengdu is addressing enterprise development challenges through institutional innovation to optimize resource allocation and enhance service efficiency [5]. - The city has introduced financial tools and investment funds to support key projects and small and medium-sized enterprises, ensuring land supply for priority industrial chains [5]. - Continuous improvement of the business environment has led to increased vitality in the private economy, fostering a favorable development landscape for state-owned, private, and foreign enterprises [5]. Group 4: Strategic Focus Areas - Chengdu is focusing on key areas to deepen the "building circles and strengthening chains" initiative, emphasizing innovation, ecological cultivation, and open collaboration [6][7]. - The city aims to enhance the overall competitiveness of industrial chains by promoting differentiated development of specialized industrial parks and supporting leading enterprises [7]. - Efforts are being made to accelerate industrial transformation and cultivate new productive forces, including the development of green manufacturing and strategic emerging industries [8]. Group 5: Global Integration - Chengdu is enhancing international industrial cooperation through initiatives like the China-Europe Railway Express and the Western Land-Sea New Corridor [8]. - The city is actively engaging in international capacity cooperation and promoting the "Chengdu-made, global sales" campaign to strengthen its manufacturing brand [8]. - Chengdu is working to align with international high-standard trade rules to create a market-oriented, law-based, and international business environment [8].
亮出“计划书” 成都“链”动未来
Xin Lang Cai Jing· 2026-02-24 20:22
转自:成都日报锦观 亮出"计划书" 成都"链"动未来 成都天府长岛数字文创园的哪吒雕塑。 新华社记者 肖潇 摄 奋进正当时,策马争朝夕。 2月24日,丙午马年首个工作日,成都市召开"新春第一会"——成都市推进重点产业链高质量发展工作会议,分析全市重点产业链现状趋势, 明确全年目标任务、重点工作,以推进产业链高质量发展支撑"十五五"开好局、起好步。 立足新起点,成都如何抢抓机遇、乘势而上,进一步加快强链突破,推动聚链成群,全面提升现代化产业体系发展能级?本次会议作出全面部 署,为下一步工作亮出"计划书"、公开"路线图"。 为产业链高质量发展赋能 面向"十五五"开局之年,成都如何以科产融合,为重点产业链高质量发展赋能?"全市科技系统将聚焦推动科技创新与产业创新深度融合,加 强有组织的创新,开展有体系的撮合,推动有质效的转化。"市科技局相关负责人在会上列出"路线图"。 具体来说,成都将加快推进重大创新平台建设,增强科技源头供给;强化企业创新主体地位,提升产业技术创新能力。以"产业出题、科技答 题",支持企业开展关键核心技术攻关;深入实施"科创天府·智汇蓉城"行动,开展产业链对接活动300场以上,加速科技成果转移转化 ...
成都“新春第一会”,为何聚焦这件事?
Xin Lang Cai Jing· 2026-02-24 20:22
转自:成都日报锦观 成都"新春第一会",为何聚焦这件事? "十五五"开局,成都"新春第一会",17条重点产业链链长,市级各部门、各区(市)县负责人,与64家 重点企业齐聚一堂,共商产业变革、共话链式协同、共谋高质量发展。 放眼成都,"立园满园"行动持续实施,"进解优促"工作不断升级,以"链长制+专班"推进17条重点产业 链强链延链补链……产业,从来都是成都锚定的关键词。 布局"十五五",成都提出"创新驱动、开放引领、科产融合、强县活区"发展战略;谋划全年工作,成都 再以"产业链"提笔,既稳当下,又谋长远。 为什么是"产业链"? 产业兴则经济兴,产业强则城市强。城市发展的竞争愈发体现为产业能级的比拼较量。 加快建设全国先进制造业基地,加速构建"9+9+10"现代化产业体系,成都以"立园满园"解决产业发展载 体问题,又以"进解优促"优化产业发展环境问题,再从"重点产业链"着手,大抓产业,抓大产业。 2025年中央经济工作会议明确提出,"实施新一轮重点产业链高质量发展行动",将产业链作为产业发展 的关键"钥匙"。 四川正以"全面深化产业建圈强链"来壮大实体经济根基,加快建设现代化产业体系。去年,四川明确提 出支持成 ...
深化立园满园 加快建圈强链 以产业兴产业强推进“十五五”良好开局
Xin Lang Cai Jing· 2026-02-24 20:22
曹立军在讲话中强调,党的十八大以来,习近平总书记围绕建设现代化产业体系作出一系列重要论述, 每次来川视察都对产业发展、科技创新等提出重要要求,为我们构建现代化产业体系指明了前进方向、 提供了根本遵循。省委鲜明提出加快建设具有四川特色的现代化产业体系,要求成都加快产业链迭代升 级,不断提升产业发展能级。近年来,成都认真落实党中央、国务院和省委、省政府部署要求,聚焦建 设全国先进制造业基地,大力推进"立园满园"、深化"科产融合",以"链长制+专班"推进17条重点产业 链强链延链补链,加快构建"9+9+10"现代化产业体系,为全市经济社会高质量发展提供了有力支撑。 曹立军强调,产业兴则经济兴,产业强则城市强。推进重点产业链高质量发展,是站位全局、勇担使命 的必然要求,是顺应变局、赢得主动的重要抓手,是开创新局、厚植优势的科学路径,关乎成都高质量 发展和现代化建设。我们要坚持以科技创新为引领、以"立园满园"为抓手、以重点产业链为支撑,扭住 大企业、盯住大行业、做实大产业,不断开创产业高质量发展新局面,更好服务国家战略全局、全省发 展大局。 转自:成都日报锦观 曹立军主持召开成都市推进重点产业链高质量发展工作会议强调 ...
LPR报价连续9个月不变
Sou Hu Cai Jing· 2026-02-24 19:48
东方金诚宏观研究团队认为,2025年6月以来LPR报价一直"按兵不动",背后的根本原因是受出口持续 偏强、以高技术制造业为代表的新质生产力领域较快发展等推动,2025年宏观经济顶住外部经贸波动压 力及国内房地产市场调整等影响,顺利完成全年经济增长目标。2026年1月,央行先行推出一揽子结构 性货币政策,强化对科技创新、小微企业等国民经济重点领域和薄弱环节的支持力度,这也意味着短期 内货币政策处于观察期,政策利率和LPR报价有望保持稳定。 本报讯(记者 潘福达)昨天,最新贷款市场报价利率(LPR)报价出炉,5年期和1年期利率均连续9个 月维持不变,5年期以上LPR维持3.5%,1年期LPR维持3%。 2月两个期限品种的LPR报价保持不变,符合市场预期。2月以来政策利率(央行7天期逆回购利率)保 持稳定,意味着LPR报价的定价基础没有发生变化,已在很大程度上预示当月LPR报价会保持不动。最 新数据显示,2025年四季度末商业银行净息差持续处于1.42%历史最低位,当前报价行缺乏主动下调 LPR报价加点的动力。 ...
策马扬鞭再出发
Xin Lang Cai Jing· 2026-02-24 19:18
转自:贵州日报 2月24日,在山东省烟台市芝罘区只楚街道一家制冷设备和换热装置制造企业,工人在生产线上忙碌。 新华/传真 2月24日,正月初八,开工! 春节假期后首个工作日,多地以"新春第一会"吹响奋进号角,重大项目开工蹄疾步稳,企业生产线开足 马力赶订单、保供应,"十五五"开局之年,奋力跑出万马奔腾的昂扬气势。 凝心聚力,绘就全年"施工图" 正月初八,岭南春早。2026年广东省高质量发展大会如约而至,这是广东连续四年在春节后首个工作日 举办高质量发展大会。 从明确"再造一个新广东"的目标,到创新驱动、现代化产业体系建设,再到今年"制造业与服务业协同 发展",广东"新春第一会"的主题年年深入,一以贯之推动高质量发展。 春节假期节后首日,多地"新春第一会"召开,以"开局即冲刺"的姿态绘就全年"施工图",为高质量发展 部署"任务书"。 江淮腹地,合肥"新春第一会"聚焦"科技创新引领新质生产力发展"。科研人员、企业家、基层干部齐聚 一堂,共商创新之策。"'新春第一会'再次强调科技创新,让我们充满信心,新的一年企业将坚持以实 干争先,以创新赋能。"蔚来汽车创始人李斌说。 三湘大地,湖南省召开全省促进民营经济发展壮大暨 ...
2026年泉州市民营经济发展大会召开
Sou Hu Cai Jing· 2026-02-24 18:58
传承弘扬创新发展"晋江经验" 深化要素市场化配置综合改革 为"十五五"开好局起好步凝聚强大合力 2026年泉州市民营经济发展大会召开 2月24日,泉州市委、市政府召开2026年泉州市民营经济发展大会。政企齐聚"新春第一会",深入学习贯彻习近平总书记关于民营经济发展的重要论述和 在福建考察时的重要讲话精神,聚焦"传承弘扬、创新发展'晋江经验',深化要素市场化配置综合改革,激发民营经济发展活力"主题,共话发展大计,共 绘奋进蓝图,为"十五五"开好局、起好步凝聚强大合力。 泉州市委、市人大常委会、市政府、市政协领导,泉州市中级人民法院、市人民检察院领导,部分民营企业、在泉院校、研究机构、金融机构、行业协会 和异地商会负责人,省、市、县三级有关领导和部门负责人等在主会场参加。各县(市、区)、泉州开发区、泉州台商投资区设分会场。 泉州市委书记张毅恭、国家发展改革委民营经济发展局副局长刘民出席并讲话。泉州市市长蔡战胜主持大会,并发布"要素市场化配置综合改革促进民营 经济发展"系列政策及场景案例、"泉州市最受欢迎十大惠企政策"和县(市、区)传承弘扬、创新发展"晋江经验"解锁民营经济"精神密码"典型案例。泉 州市人大常委会主 ...
“小家”烟火气 “大家”山河暖
Xin Lang Cai Jing· 2026-02-24 18:21
群众文化活动丰富多彩 在实验室解码新质生产力 筑牢春季防火屏障 训练不"打烊" 守护不"休假" 特色养殖美了生态富了口袋 高原三文鱼"游"向全国市场 孩子们在假期尽享冰上乐趣 来下南关年货大集感受浓浓的年味 新春掀热潮 大干抢进度 在"十五五"开局之年,镜头里的青海,展现着最动人的民生图景。 位于海南藏族自治州贵南县的哇让抽水蓄能电站施工现场,施工车辆来来往往,一派火热景象。这里是全国在建单期建设装机容量最大抽水蓄能电站,也是 西部最大装机规模抽水蓄能电站。 发展为了什么?青海的回答朴素而坚定:为了每一个家庭的温暖。 海东市乐都区中岭乡泉沟村里,村民歌唱幸福生活,笑容如高原阳光般灿烂;果洛藏族自治州班玛县马鹿养殖场上,养殖户与鹿群和谐共处,传统与现代在 这里找到平衡点;实验室里,科技人员的专注是对新质生产力最好的诠释…… 这些"小家"的幸福,不是孤立的个体温暖,而是青海发展蓝图中最生动的底色。 青海懂得,没有"小家"的幸福感,"大家"的繁荣就失去了根基;没有"大家"的蒸蒸日上,"小家"的幸福也难以持续。 青海大地上,每一个"小家"是一颗发光的星星,虽不耀眼夺目,却共同织就了璀璨的星空。在这里,民生温度与发展速 ...
券商分析师新春一线观察:服务消费领跑 新质生产力活力迸发
Shang Hai Zheng Quan Bao· 2026-02-24 17:49
Group 1: Consumer Trends - The core theme of consumer behavior during the Spring Festival is service-oriented consumption, with a noticeable trend towards rational spending [1][2] - Analysts observed that while dining and entertainment venues were busy, consumers preferred more affordable price points, indicating a shift towards rational decision-making in spending [2] - In Jiangsu's consumer market, there was a notable increase in both prices and consumption volume for service-related activities, reflecting a structural upgrade in consumer preferences [3] Group 2: Industrial Development - Analysts noted a surge in new productive forces, with traditional industries accelerating their transformation and upgrade [4] - In Hainan, the integration of commercial aerospace initiatives has led to a thriving local economy, with significant growth in tourism and hospitality linked to the aerospace sector [4] - In Shandong, advancements in energy storage technology and the establishment of a large-scale sodium-ion battery production line highlight the region's industrial evolution [5] Group 3: Overseas Opportunities - Analysts conducted field research overseas, providing valuable insights for Chinese companies looking to expand internationally [6] - In Australia, rising property prices driven by low interest rates and high immigration have become a significant social issue, impacting housing affordability [6] - In Indonesia, local market adaptation is crucial for success, with companies needing to navigate economic and cultural differences to establish a foothold [6]