Group 1 - The 2026 China Chief Economist Forum Annual Meeting was held on January 10-11 in Shanghai, with the theme "Chess in the Middle Game: Building a Strong Nation" [1][2] - Li Zhan, Chief Economist of China Merchants Fund, stated that the A-share market has at least a 20% upside potential in 2026, supported by technology innovation, overseas expansion, and internet AI [1][2] - Li Zhan highlighted that while there are supportive factors, risks have not been fully eliminated, including issues related to real estate, local government debt, and unstable overseas geopolitical policies, making the direction of stimulus unclear [1][2] Group 2 - The recommendation is to focus on sectors with clear growth and profitability, particularly those supported by government policies in technology [1][2]

行 业 研 医药生物 2026 年 01 月 11 日 医药生物 究 医药科技开门红，小核酸 FXIa 即将催化（建议 关注瑞博、靖因） 投资要点： 行 业 定 期 报 告 行情回顾：本周（2026 年 1 月 5 日- 2026 年 1 月 9 日）中信医药指数上涨 7.7%，跑赢沪深 300 指数 4.9 pct，在中信一级行业分类中排名第 5 位；2026 年初至今中信医药生物板块指数上涨 7.7%，跑赢沪深 300 指数 4.9 pct，在中 信行业分类中排名第 5 位。本周涨幅前五的个股为：创新医疗（+61.0%）、三 博脑科（+56.2%）、美好医疗（+56.1%）、前沿生物（+56.0%）、悦康药业 （+40.6%）。 FXIa 抑制剂即将迎来催化，小核酸方向建议关注瑞博、靖因：血栓性 疾病全球每年发病人群高达 2670 万，目前针对血栓性疾病的抗凝药物主要 包括华法林、肝素和直接口服剂，全球抗凝血药物市场预计在 2024 年高达 330 亿美金。但是现有抗凝血药物的作用是非选择性的，既影响凝血的内 源性途径，也影响外源性途径以及共同下游途径，这种治疗方法不可避免 地会损害正常应对损伤的止血反应 ...

Group 1 - The A-share market is expected to shift focus from pure track speculation to more pragmatic profit realization in 2026, with technology innovation, particularly in the AI sector, becoming the main battlefield for capital investment [1][5] - The "14th Five-Year Plan" emphasizes the integration of technological and industrial innovation, marking a transition from real estate-driven growth to innovation-driven growth, with high-tech industries becoming new growth drivers [2][3] - High-quality development will be the main theme for economic work throughout 2026, with significant growth momentum observed in high-tech manufacturing, green energy, and the digital economy [2][3] Group 2 - In investment strategies, AI remains a focal point, with a shift from infrastructure to application and commercialization, highlighting opportunities in AI applications and domestic alternatives [3][4] - The market is expected to transition from "valuation-driven" to "profit-driven" performance, leading to a more balanced market style, as some growth sectors appear crowded [4][5] - Despite concerns about an "AI bubble," many fund managers believe that the infrastructure for AI is not yet at a stage where bubble discussions are warranted, with high compound annual growth rates expected in the coming years [4][5]

Group 1 - The event held in Yangpu District, Shanghai, focused on the theme of "long-termism" and featured speeches from key figures emphasizing the importance of patience capital in supporting technology innovation enterprises [1][3] - The national strategy emphasizes technological self-reliance, industrial upgrading, and the development of new productive forces, which aligns with the need for long-term investment approaches [3] - The concept of "patience capital" is highlighted as essential for understanding industry dynamics and supporting tech companies through various growth phases, resonating with the recently launched trillion-yuan venture capital guidance fund [3] Group 2 - Li Ya proposed three criteria for tech companies to select patience capital: alignment with national strategic sectors, ability to provide value-added services, and a track record of supporting companies through cycles [5] - For capital providers, Li Ya outlined three responsibilities: adhering to strategic direction, evolving from financial supporters to value co-creators, and establishing risk-sharing mechanisms with companies [5] - The collaboration between Licheng China and Yangpu District aims to provide comprehensive support for tech enterprises, covering compliance, governance, and market integration [7] Group 3 - The annual meeting served as a platform for dialogue among government, enterprises, and capital, fostering a consensus on long-termism and the creation of a supportive innovation ecosystem [8] - The involvement of national venture capital and professional institutions like Licheng China is creating a positive cycle in the tech innovation sector, combining national strategy guidance with social capital and professional empowerment [8] - Long-termism is framed as a value choice that aligns enterprises with patient capital, contributing to high-quality economic development in China [8]

Group 1 - The core message emphasizes the importance of tangible achievements in governance, as demonstrated by the accomplishments of youth leaders in rural areas, showcasing practical contributions to community development [1] - The rapid growth of youth talent in China since the 18th National Congress has led to their increasing role in implementing major national tasks, with the upcoming 20th Central Committee meeting providing direction for youth engagement [1][5] - The achievements of young professionals in various sectors, such as microbe research and oil extraction, highlight their significant contributions to innovation and economic development [2][3] Group 2 - Zhao Shuai, a microbial research engineer, has led the development of over 10 new products since 2021, generating sales exceeding 50 million yuan for his company [2] - The development of a new elastic particle oil recovery agent by Jiang Zuming has unlocked over 100 million tons of oil resources in high-temperature, high-salinity oil fields, showcasing advancements in chemical engineering [3] - Young entrepreneurs and innovators in Shandong are leveraging technology and creativity to drive economic growth, with examples including e-commerce initiatives and advancements in automation and precision manufacturing [4][5]

Core Viewpoint - The 2026 CCTV Spring Festival Gala will feature Hefei as its first sub-venue in Anhui, highlighting the city's rapid development and cultural significance [2][10][26]. Group 1: Hefei's Selection as a Sub-Venue - Hefei has been chosen as a sub-venue for the Spring Festival Gala, marking a significant achievement for the city [2][6]. - The selection reflects Hefei's efforts in development and innovation, akin to a student achieving good grades through hard work [7][10]. - The theme for the 2026 gala is "Qiji Chicheng," symbolizing the spirit of progress and innovation, which aligns with Hefei's recent advancements [8][9]. Group 2: Cultural and Technological Significance - Hefei is positioned centrally in Anhui, with strong geographical advantages that support its growth [11]. - The city is known for its technological innovations, such as the "artificial sun" and air imaging technology, showcasing its capabilities on a global stage [12][13]. - Hefei's rich cultural heritage, with a history of 4,000 years of written records and 3,000 years of city establishment, adds depth to its representation at the gala [14]. Group 3: Youth and Educational Influence - Hefei attracts over 300,000 university students annually, contributing to a youthful population where over half are under 35 years old [16]. - The city's vibrant atmosphere and youthful energy are expected to resonate well with the gala's efforts to connect with younger audiences [16]. Group 4: Anticipated Highlights of the Gala - The Hefei sub-venue will have approximately 7 minutes of airtime during the gala, showcasing local culture and technology [19]. - Potential performances may include traditional Anhui elements such as Huangmei opera and local crafts, emphasizing the city's cultural identity [21].

国旗高扬，警旗猎猎。1月10日，我们迎来第六个中国人民警察节。新时代以来，人民公安用实际行动 践行着"对党忠诚、服务人民、执法公正、纪律严明"的铮铮誓言，全心全意为增强人民群众获得感、幸 福感、安全感而努力。他们以热血与汗水，把"人民公安为人民"书写在960多万平方公里的广袤土地 上，书写在14亿多中国人民的心底。 用好深改之招，破局安全难题。时代在发展，社会在进步。随着数字技术与人工智能技术的发展，如何 利用科技创新手段，让警力响应更快、群众更满意，不断擦亮公安机关这块"金字招牌"，这是一道必答 题。以耳熟能详的"110"为例，有的创新推出"智慧110"，有的积极联动12345平台，有的探索建立"无人 机+"接处警模式。人民有所呼，改革有所应。面对新形势新挑战新任务，公安机关建立"专业+机制+大 数据"新型警务运行模式，不断完善以"情报、指挥、行动"一体化运行机制为重点的现代警务机制体 系，一项项改革举措在重点领域和关键环节上取得重要突破。从国产小客车新车上牌"一件事"、网上办 理解除抵押登记，到实现191项公安政务服务事项"网上办、掌上办"，再到推进受案中心建设、开展专 项治理行动、建设驻企服务站、召开警 ...

Core Viewpoint - The book "Chasing Light: The Innovative Journey of the 'Father of Fiber Optics' Gao Kun" was launched, highlighting Gao Kun's contributions to scientific research and innovation, as well as his multifaceted life [1][3]. Group 1: Book Overview - The book is a new work under the "Zhi Liao" brand by Guangxi Science and Technology Publishing House, paying tribute to Gao Kun's scientific achievements and providing a deep analysis of his innovative journey and thoughts on technology management [3]. - The author, Gao Liang, discussed the book's content, academic value, and innovative significance, emphasizing its systematic review of Gao Kun's research, management, and educational practices, along with strategic consulting suggestions for China's technological development [3][5]. Group 2: Expert Insights - Professor Wang Daming from the University of Chinese Academy of Sciences highlighted that the book allows readers to trace Gao Kun's research journey and understand the innovative logic and humanistic connotations behind technological breakthroughs [5]. - Liu Bing, a member of the Chinese Association of Science Writers, noted that the book presents the internal logic of technological development and serves as an important reference for contemporary Chinese technological innovation and talent cultivation [5]. - Huang Minxian, the executive deputy editor of Guangxi Science and Technology Publishing House, summarized that the book presents Gao Kun as both an ordinary researcher and an outstanding innovator, providing public insights into innovation and human resonance [5].

Group 1 - The core focus is on the development of the high-end medical equipment industry in Wuhan, emphasizing innovation-driven growth and the establishment of a robust industrial ecosystem to support high-quality economic development [1][6]. - The government aims to enhance collaboration with leading companies like United Imaging Healthcare to drive technological innovation and promote product applications, thereby attracting more upstream and downstream enterprises to invest in Wuhan [3][4]. - The high-end medical equipment sector is recognized for its significant role in ensuring public health and advancing technological self-reliance, with a call for deeper integration of technological and industrial innovation [6][7]. Group 2 - The local government is committed to creating a favorable business environment by optimizing project approval processes and enhancing service efficiency to support enterprise growth [7]. - The first quarter of the year is deemed crucial for setting a positive tone for the rest of the year, with a focus on achieving early successes to bolster economic stability [7]. - The leadership emphasizes the importance of understanding and addressing the needs of enterprises to enhance their confidence and support their development [7].

城乡融合促焕新 民生福祉再提升 清晨，新建的中草药公园里，市民在晨光中舒展身心、休闲健身；傍晚，玉泉河成语步行道上，群众沿 河畔漫步，在光影流转中品味"礼贤下士"的千年文脉。 2025年，魏县持续厚植生态底色，新增公园绿地开放共享面积3245平方米，"四面环水四面梨，半城烟 火半城绿"的宜居图景愈发清晰。 城市更新与乡村振兴双向发力，城乡面貌持续焕新。在城区，8座"断头路"桥梁顺利贯通，城区交通"微 循环"更加畅通；7个小区开放内部车位，智慧停车系统逐步实现全覆盖，有效缓解"停车难"问题；老旧 小区供热管网改造全面完成，暖流直抵千家万户。 在乡村，362处"小三园"（小菜园、小花园、小果园）点缀其间，1.3万座农厕改造提升到位，"污水管 网+粪污集中处理"模式全面推广，农村人居环境显著改善。 数字技术为城乡融合发展插上"翅膀"。"数字魏县"平台接入15个垂直场景模型，赋能城市精细化治理； 县妇幼保健院率先启用AI辅助诊断系统，提升诊疗服务水平；中普精密制造建成企业级数据平台，生 产效率提升30%；"一品一播"电商基地累计培训主播2.3万人次，带动特色产品上行，2025年前三季度全 县电商交易额达3.9亿元。 ...