【#美报告称中国是其面对最强大国家##美国防报告承认中国实力世界第二# 】日前，美国发布2026年 国防战略报告，不再把中国定位为"步步紧逼的威胁"，而是追求和中国建立"相互尊重的关系"。中国政 法大学副教授何涛表示，这份报告意识形态对抗的色彩明显淡化了，美国已经越来越开始承认中国既有 的强大实力，报告里明确地讲，中国无疑已经是世界第二强大的国家，而且还是美国自19世纪以来面对 过最强大的国家。（央视《海峡两岸》） ...

以下文章来源于财经杂志 ，作者徐奇渊 财经杂志 . 《财经》杂志官方微信。《财经》杂志由中国证券市场研究中心主办，1998年创刊，秉承"独立、独家、独到"的新闻理念，以权威性、公正性、专业性报 道见长，是政经学界决策者、研究者、管理者的必读刊物。 文/中国社会科学院美国研究所研究员 徐奇渊 20 26年达沃斯论坛落幕，人们意识到，一个以交易、筹码、不确定性和 多极博弈为特征的新时代已然开启，"中国"一词高频出现在各类分论坛中 ——正如资深观察者所言："中国没有占据舞台，却占据了坐标系"。 从1月19日至23日，笔者随团参加了在瑞士达沃斯举办的世界经济论坛。由于行程1月初才最终确定，只能预订到距离会场较远的酒店，距离会场两小时车 程（每天往返四小时），不过每晚价格仍约2800元。头一天上山的途中，笔者还遭遇了比往年更严格的安检，抽查过程用了半个多小时。价格如此之高， 安检如此之严，这次论坛注定不平凡。 果然，论坛甫一开幕便呈现出两个截然不同的叙事维度：一边是科技巨擘们对人工智能（AI）未来的热烈畅想——英伟达CEO黄仁勋强调，AI正成为新 的基础设施，而且已经触发"人类史上最大规模的基础设施建设"。马斯克的意外 ...

1月26日，外交部发言人郭嘉昆主持例行记者会。有记者提问，我们注意到自上月公布新版《国家安全 战略》以来，美国明显加大了对西半球的投入。近日美国国会众议院"中国特设委"主席莫伦纳率团访问 巴拿马等中美洲多国，声称是"为应对中国对当地的胁迫、施压和干预，对抗中国影响力"等，并要在巴 拿马运河港口运营等经贸安全领域竞赢中国。中方对此有何回应？ 郭嘉昆强调，中方坚决反对美国个别政客对中美洲国家同中国的正常交往指手画脚，有关言论是彻头彻 尾的谎言谬论，只能镜像其自身意识形态偏见和冷战思维。 郭嘉昆指出，中方始终秉持相互尊重、平等互利、开放包容、合作共赢的原则，同中美洲国家开展友好 合作，为当地人民带来了实实在在的好处，受到有关国家的欢迎。"我们敦促美方政客停止操弄涉华议 题，多做有利于促进地区发展繁荣的事。" 1月26日，外交部发言人郭嘉昆主持例行记者会。有记者提问，我们注意到自上月公布新版《国家安全 战略》以来，美国明显加大了对西半球的投入。近日美国国会众议院"中国特设委"主席莫伦纳率团访问 巴拿马等中美洲多国，声称是"为应对中国对当地的胁迫、施压和干预，对抗中国影响力"等，并要在巴 拿马运河港口运营等经贸安全领域 ...

Core Viewpoint - The 2026 U.S. Defense Strategy Report reflects a shift in language regarding China, indicating a potential easing of tensions and a focus on mutual respect in bilateral relations [2][3] Group 1: U.S. Defense Strategy Priorities - The report outlines four main priorities: safeguarding U.S. homeland security and interests in the Western Hemisphere, deterring China in the Indo-Pacific through strength rather than confrontation, increasing the responsibility of U.S. allies and partners, and fully strengthening the U.S. defense industrial base [1] - The prioritization of these issues indicates a recalibration of U.S. interests rather than a simple fluctuation in attitudes towards China, emphasizing a reassessment of the costs and benefits of global strategic expansion [1] Group 2: China’s Position and Response - The report marks a significant change in the U.S. stance towards China, no longer emphasizing the "China threat" but rather recognizing China as a "definite power" in the Indo-Pacific, which may open avenues for cooperation in various fields [2] - Despite the U.S. adjustments, China remains committed to its core interests and principles, particularly regarding Taiwan, which is viewed as an inseparable part of its territory [3] Group 3: Ongoing Strategic Dynamics - The essence of U.S. strategic containment towards China remains unchanged, necessitating vigilance and awareness of ongoing military confrontations in the Indo-Pacific [4] - China continues to advocate for peaceful development and resolution of international disputes through dialogue, contrasting with the U.S. approach centered on deterrence and confrontation [4] Group 4: Future of U.S.-China Relations - The relationship between the U.S. and China is crucial, and both nations should aim to be partners and friends, respecting each other's core interests and development paths to foster a stable foundation for cooperation [5] - Focusing on building a new type of major power relationship based on mutual respect and cooperation is deemed essential for the benefit of both nations and the global community [5]

Report Summary 1. Report Industry Investment Ratings No industry investment ratings were provided in the reports. 2. Core Views of the Reports - **Oil and Fat Industry**: The potential positive impact of the US biodiesel policy on CBOT soybean oil is countered by the approaching Chinese New Year, which reduces the likelihood of continuous long - position trading. The soybean oil basis may still decline in the short term. Malaysian palm oil may continue to strengthen after a short - term correction. Rapeseed oil is expected to maintain a wide - range oscillation, with limited upside potential in the short term [1]. - **Cotton Industry**: US cotton is in a low - level oscillation. The high cotton consumption due to high - capacity downstream spinning mills in China, along with the expected adjustment of the 2026 planting area, provides strong support for Zhengzhou cotton. Attention should be paid to the support level around 14,500 [2]. - **Sugar Industry**: Internationally, raw sugar is expected to remain in a low - level oscillation between 14 - 15 cents. Domestically, sugar prices are likely to maintain a low - level oscillation, with the approaching end of Chinese New Year stocking and lack of upward drivers, but some support from prices below production cost and a positive commodity market atmosphere [3]. - **Jujube Industry**: With the market focusing on peak - season consumption, the spot price of jujubes is expected to rebound from the bottom, but the upward space is limited by hedging pressure [4]. - **Apple Industry**: As the Chinese New Year stocking period arrives, the market in some apple - producing areas is warming up. The futures price is expected to be slightly stronger due to the low good - fruit rate, low inventory, and some short - position exits [5]. - **Corn and Corn Starch Industry**: In the short term, the tight supply of corn and pre - festival stocking demand support price increases, but the continuous policy - driven corn release and limited high - price transmission restrict the upward space [7]. - **Pig Industry**: The spot price of pigs has strengthened, but the supply pressure is expected to increase after the snow - weather passes. The market is likely to maintain a bottom - range oscillation [10]. - **Meal Industry**: US soybeans are oscillating strongly. The domestic meal market is expected to oscillate, with limited downward space due to factors such as low first - quarter arrival expectations and high - level inventory decline [13]. - **Egg Industry**: The egg supply is stable, and the demand may weaken. As egg prices reach a high level, there is a risk of price correction if the terminal digestion ability is weak [14]. 3. Summary by Relevant Catalogs Oil and Fat Industry - **Futures Prices**: On January 23, 2026, soybean oil futures (Y2605) increased by 0.12%, palm oil futures (P2605) decreased by 0.38%, and rapeseed oil futures (OI2605) decreased by 0.12% [1]. - **Spot Prices**: The average price of soybean oil in Jiangsu decreased by 0.35%, the price of 24 - degree palm oil in Guangdong decreased by 0.22%, and the price of third - grade rapeseed oil in Jiangsu decreased by 0.20% [1]. - **Basis**: The soybean oil basis decreased by 7.75%, the palm oil basis increased by 53.85%, and the rapeseed oil basis remained unchanged [1]. - **Inventory**: The soybean oil inventory in Chinese coastal crushing plants is at a high level since 2022, the palm oil inventory in Chinese ports is slowly decreasing, and the rapeseed oil inventory is decreasing [1]. Cotton Industry - **Futures Prices**: On January 26, 2026, cotton 2605 decreased by 0.24%, cotton 2609 decreased by 0.17%, and ICE US cotton decreased by 0.11% [2]. - **Spot Prices**: The Xinjiang arrival price of 3128B cotton increased by 0.27%, and the CC Index: 3128B increased by 0.20% [2]. - **Inventory and Consumption**: The circular inventory decreased by 100%, the industrial inventory increased by 1.5%, the import volume increased by 49.5%, and the consumption of cotton by downstream spinning mills is high [2]. Sugar Industry - **Futures Prices**: On January 26, 2026, sugar 2605 increased by 0.43%, sugar 2609 increased by 0.33%, and ICE raw sugar decreased by 1.54% [3]. - **Spot Prices**: The price in Nanning increased by 0.19%, and the price in Kunming increased by 0.19% [3]. - **Industry Data**: The cumulative sugar production in China decreased by 16.43%, the cumulative sales decreased by 37.18%, and the industrial inventory increased by 10.82% [3]. Jujube Industry - **Futures Prices**: On January 26, 2026, jujube 2605 increased by 0.63%, jujube 2607 increased by 0.51%, and jujube 2609 increased by 0.44% [4]. - **Spot Prices**: The price of Cangzhou's top - grade jujubes increased by 0.11%, and the prices of first - grade and second - grade jujubes remained unchanged [4]. - **Inventory**: The number of jujube warehouse receipts remained unchanged, and the number of effective forecasts increased by 6.68% [4]. Apple Industry - **Futures Prices**: On January 26, 2026, apple 2605 increased by 0.48%, and apple 2610 increased by 0.63% [5]. - **Spot Prices**: The basis decreased by 3.57% [5]. - **Inventory**: The national cold - storage inventory decreased by 3.11% [5]. Corn and Corn Starch Industry - **Corn**: On January 26, 2026, corn 2603 increased by 0.22%, the basis decreased by 9.09%, and the north - south trade profit increased by 90.91% [7]. - **Corn Starch**: Corn starch 2603 increased by 0.23%, the basis decreased by 3.57%, and the starch - corn 03 spread increased by 0.36% [7]. Pig Industry - **Futures Prices**: On January 26, 2026, the main pig contract increased by 5.31%, pig 2605 decreased by 0.38%, and pig 2603 decreased by 0.30% [10]. - **Spot Prices**: The prices in Henan, Shandong, and other regions showed different changes [10]. - **Industry Data**: The daily slaughter volume increased by 1.79%, and the self - breeding profit increased by 486.60% [10]. Meal Industry - **Soybean Meal**: The price of Jiangsu soybean meal remained unchanged, the futures price (M2605) decreased by 0.61%, and the basis increased by 5.45% [13]. - **Rapeseed Meal**: The price of Jiangsu rapeseed meal remained unchanged, the futures price (RM2605) decreased by 0.67%, and the basis increased by 5.56% [13]. - **Soybean**: The price of Harbin soybeans remained unchanged, the futures price of the main soybean contract increased by 0.86%, and the basis decreased by 16.30% [13]. Egg Industry - **Futures Prices**: On January 26, 2026, egg 03 decreased by 1.58%, and egg 04 decreased by 1.15% [14]. - **Spot Prices**: The egg - producing area price increased by 2.87%, and the basis increased by 26.72% [14]. - **Industry Data**: The price of egg - laying chicks increased by 3.33%, the price of culled chickens increased by 3.31%, and the egg - feed ratio increased by 17.36% [14].

根据《华尔街日报》的报道，特朗普政府近期解雇了两位与中国科技政策紧密相关的官员——莉兹·坎农及其副手。她们隶属于负责保障美国国家安全的商 务部工业与安全局（BIS）下的信息与通信技术服务办公室。坎农推行的政策主要是限制中国科技的发展，这令许多美国鹰派人士感到震惊和忧虑，他们认 为这可能暗示特朗普在对华谈判中将表现出一定的软化态度。 这一决定背后，存在两个深层次原因。首先，是为即将到来的访华铺平道路。特朗普早已明确表示，他计划在四月份访问中国，并希望通过此次会晤增强个 人的公信力和执政能力。尤其是在美国面临经济挑战的背景下，与中国的贸易往来无疑是一项重要机会。同时，他也希望借此为即将到来的中期选举积累政 治资本。解雇这两名官员，显然是特朗普为访华营造良好氛围的一步棋，期望在谈判桌前取得实际成果。 对我国而言，这一事件提醒我们必须保持清醒。在感受到美国政策微调的同时，我们仍需对其潜在战略意图保持警惕。历史经验告诉我们，外交关系中的频 繁变化往往伴随着新的挑战与试探。因此，在当前国际环境下，我国需要稳重，坚持自己的核心利益，并与美国进行务实对话，争取在未来的谈判中占据主 动。 总的来说，特朗普解雇反华官员这一举动似 ...

Group 1 - The core viewpoint of the articles emphasizes the importance of the upcoming 2026 as a critical year for Sino-U.S. relations, with potential for positive restructuring and high-level interactions, particularly with President Trump's planned visit to China in April 2026 [1][4][5] - The concept of "building a new paradigm of positive interaction" between China and the U.S. is highlighted, indicating a shift towards cooperation despite ongoing tensions in trade, technology, and security [2][9] - The significance of high-level diplomatic engagements, such as the interactions between President Xi Jinping and President Trump, is noted as essential for navigating the complexities of the bilateral relationship [3][7] Group 2 - The articles discuss the economic context, noting that China's GDP growth in the first three quarters of 2025 was 5.2%, with an expected total economic output of 140 trillion yuan for the year, reinforcing its position as the world's second-largest economy [9][10] - The impact of the U.S. midterm elections in November 2026 is mentioned, with Trump's declining approval ratings and economic challenges potentially influencing U.S. foreign policy towards China [6][12] - The articles also address the evolving nature of the Sino-U.S. technological competition, with both countries focusing on innovation ecosystems and industrial systems, particularly in artificial intelligence and semiconductor development [11][12] Group 3 - The articles highlight the challenges posed by external factors, such as U.S. arms sales to Taiwan and geopolitical tensions in the South China Sea, which could complicate Sino-U.S. relations [14][15] - The need for both nations to manage their interactions carefully to avoid escalation of conflicts is emphasized, with a focus on mutual respect and cooperation as key to stability [9][16] - The potential for third-party influences, such as Japan's stance on Taiwan and the implications of the Russia-Ukraine conflict, is noted as a factor that could affect the dynamics of Sino-U.S. relations [15][16]

策 略 研 究 2026 年 01 月 23 日 世界的"十字路口" ——2026 年瑞士达沃斯主要国家领导人讲话重点梳理 证 证券分析师 程翔 A0230518080007 chengxiang@swsresearch.com 傅静涛 A0230516110001 fujt@swsresearch.com 王胜 A0230511060001 wangsheng@swsresearch.com 联系人 程翔 A0230518080007 chengxiang@swsresearch.com 本研究报告仅通过邮件提供给 中庚基金 使用。1 信息披露 证券分析师承诺 本报告署名分析师具有中国证券业协会授予的证券投资咨询执业资格并注册为证券分析师，以勤勉的职业态度、专业审慎 的研究方法，使用合法合规的信息，独立、客观地出具本报告,并对本报告的内容和观点负责。本人不曾因，不因，也将不 会因本报告中的具体推荐意见或观点而直接或间接收到任何形式的补偿。 请务必仔细阅读正文之后的各项信息披露与声明 A 股 策 略 券 研 究 报 告 相关研究 《相向而行——中美领导人 2025 年历次通话梳理》 2025/11/25 ⚫ ...

责编：王璐璐 校对：杨舒欣 百万用户都在看 集体异动！A股，传来大消息! 跨界并购！牛股尾盘，封死涨停！A股又一信号闪现 尾盘异动！A股，三大信号"闪现" 100%关税！美国，突发威胁！事关芯片，韩国紧急回应！ "黑天鹅"来袭！刚刚，欧洲股市全线杀跌！ 违法和不良信息举报电话：0755-83514034 邮箱：bwb@stcn.com 1月23日，外交部发言人郭嘉昆主持例行记者会。 路透社记者提问，请问发言人能否确认英国首相斯塔默将于下周访问中国？另据报道，美国总统特朗普将于四 月访问中国，中国领导人将于今年年底访问美国，发言人能否证实？ "关于你提到的第一个问题，当前国际形势动荡不安，中国和英国作为安理会常任理事国，加强交往合作，符 合两国和世界利益。关于你提到的具体访问，我们会适时发布消息。"郭嘉昆回应。 关于第二个问题，郭嘉昆表示："中美关系稳定发展符合两国人民共同利益，也符合国际社会共同期待。元首 外交对中美关系发挥着不可替代的引领作用。关于你提到的具体问题，我目前没有可以提供的信息。" 来源：长安街知事 券中社 × 券商中国 券 中 社 扫码下载券中社APP 扫码关注券商中国公众号 quanshan ...

来源｜环球网 编辑 ｜瑜见 据新加坡《海峡时报》等媒体报道，当地时间1月22日，美国总统特朗普在空军一号上表示，他将于4 月访问中国。 在1月23日举行的中国外交部例行记者会上，外交部发言人郭嘉昆在回应路透社记者"中方能否确认相 关访问"的提问时表示，关于你提到的中美关系，中美关系稳定发展，符合两国人民共同利益，也符合 国际社会共同期待。元首外交对中美关系发挥着不可替代的引领作用。"关于你提到的具体问题，我目 前没有可以提供的信息。"郭嘉昆说。 ...