推动更多资金资源"投资于人"、服务于民生，让发展成果更多更公平惠及全体人民 读懂"投资于人"的重要意义，不妨从投资需要、投资回报、投资基础这三个角度来看。 经济越发展，民生工作越要抓好。把更多民生清单转化为投资清单，让"投资于人"管当前又利长远，量 力而行、久久为功，终将绽放长期收益，发展成果将更多更公平惠及全体人民。 首先，"投资于人"有需要。比如就业，今年我国高校毕业生规模创新高、脱贫人口务工规模要保持在 3000万人以上，就业压力加大，迫切需要更多稳岗支持；再说住房，城镇化进程中，大量老旧社区急需 维护改造；还有养老，我国老龄化快速加深，而养老护理缺口仍然很大。进入高质量发展阶段，人民对 美好生活的向往更加强烈，对这些急难愁盼问题和结构性矛盾，特别是具有长期性、复杂性、艰巨性的 民生痛点，有必要加大力度推动解决。 （文章来源：人民日报） 其次，"投资于人"有回报。惠民生也是稳经济、促发展。比如科技创新，今年以来国产人工智能大模型 惊艳世界，美国麦克罗波洛智库报告指出，"中国高校几乎培养了全球一半的顶尖人工智能人才。"创新 驱动实质靠人才驱动，人才红利则源自教育耕耘。我国财政性教育经费投入占国内生产总值比 ...

就业大省高规格、大手笔引才 一边是怀揣梦想的学子，一边是渴求人才的广东，在这个4月里，N城联动演绎了一个又一个"双向奔 赴"的故事。 进入4月，"百万英才汇南粤"2025年广东省N城联动春季招聘活动陆续在北京、上海、杭州、武汉、西 安、成都、长沙、南京等8座城市举办，在当地涌起一股"以就业为名"的春潮，并向全球人才发出热情 邀约。 政策加持、登门求才、暖心服务、全球纳贤……今年以来，广东高规格、大手笔实施"百万英才汇南 粤"行动计划，越来越多的高校毕业生选择广东、圆梦广东。 责任担当▷▷ 兴国兴邦，人才为急。 作为人才大省，广东是实至名归的"人气王"，目前拥有1.28亿常住人口、1.5亿实时在粤人口，汇聚天下 英才而用之，成就了经济第一大省的规模体量。 如何做到"人才蓄水池"？以制造业当家的广东，拥有制造业的全部31个大门类，孵化出一大批上下游强 企，催生了一系列人才需求。 今年3月，广东官宣已形成新能源产业、汽车产业等9个万亿元级产业集群，这些战略性产业的发展又呼 唤着越来越多的新领域人才加入，岭南大地充满活力与机遇。 今年"新春第一会"全省高质量发展大会上，广东宣布以"粤聚英才、粤见未来"为主题，实施"百 ...

Group 1 - The core viewpoint emphasizes the need to enhance employment service quality by aligning employment policies and services with individual needs, improving resource efficiency, and continuously enhancing worker skills to create more development opportunities and a virtuous cycle of economic growth and improved livelihoods [1][2][3] - The "golden three months and silver four months" period in March and April is crucial for university graduates seeking employment, highlighting the competitive job market and the importance of effective employment services [1] - The national urban survey unemployment rate in March was reported at 5.2%, a decrease of 0.2 percentage points from the previous month, indicating a stable and improving employment situation supported by precise services [1] Group 2 - The government work report this year emphasizes "investing more resources in people and serving the public," which is essential for improving employment service quality and ensuring that policies are directly linked to individual needs [2] - High-quality employment is rooted in high-quality development, with emerging industries creating new job opportunities while also posing challenges for higher education and vocational training [2] - A recent initiative by the Ministry of Human Resources and Social Security and the Ministry of Finance promotes a four-in-one training model that integrates job demand, skills training, skills evaluation, and employment services to better support job seekers [2] Group 3 - Employment service policies must not only be robust but also considerate of job seekers' perspectives, leading to more detailed policy design and execution [3] - The establishment of on-site legal consultation services at job fairs, such as in Baoji City, helps reduce labor disputes and provides job seekers with greater security and confidence [3] - Investing in people is crucial for both current living standards and future development potential, necessitating a focus on public needs and enhanced policy support to broaden employment channels and improve job quality [3]

Group 1 - The GDP growth of 5.4% in the first quarter is attributed to the effective implementation of "investment in people" policies [1] - Government investment tools have been activated to meet public needs, with significant increases in social security and employment spending, education spending, and health spending [1] - Local governments are accelerating the implementation of fiscal and financial policies, with initiatives like the collaboration between the People's Bank of China and local financial authorities to support various sectors [1] Group 2 - In Beijing, fixed asset investment in social sectors, particularly in education and health, has increased by over 30%, driven by long-term special bonds focused on infrastructure and social projects [2] - The implementation of "investment in people" projects is accelerating, with a focus on small-scale, replicable projects that enhance urban living conditions and social services [2] - Shanghai has reported a total investment of 507.9 billion yuan by the end of the first quarter, with significant allocations for social welfare projects in education and healthcare [2] Group 3 - There is a pressing need to explore new avenues for "investment in people," with a call for increased private capital participation in social and public sector projects [3] - Private investment has shown a modest growth of 0.4%, but excluding real estate, it has increased by 6.0%, indicating potential in sectors like education, elderly care, and urban renewal [3] - The concept of "investment in people" emphasizes a human-centered approach, which is expected to become a significant driving force for China's economic growth [3]

Core Viewpoint - The inclusion of "investment in people" in the government work report signifies a significant shift in investment philosophy and financing policy direction in the process of advancing Chinese-style modernization [1] Group 1: Relationship Between "Investment in People" and "Investment in Material" - "Investment in people" requires substantial "hard investment," similar to "investment in material," as the ultimate goal of any investment activity is to serve human needs and development [2] - Investments aimed at meeting production needs generally fall under "investment in material," while those focused on promoting high-quality population development and meeting life needs, especially in terms of spiritual products and services, are categorized as "investment in people" [2] - Both "investment in people" and "investment in material" necessitate significant "hard investment" to enhance the supply capacity for human needs and development [2] Group 2: Focus Areas for "Investment in People" - "Investment in people" should strengthen demand-side management and policy support, increasing fiscal, financial, employment, and income distribution policies to enable more people to access spiritual products and services [3] - Key areas for "investment in people" include high-quality housing supply, reliable food and drug safety, improved living conditions, healthcare services, education and training, cultural and sports services, tourism, and emergency response systems [6] - Regions should focus on the needs of the people, aligning government investment directions with societal expectations, optimizing resource allocation, and enhancing both the quantity and quality of "hard investment" [6] Group 3: Impact on "Investment in Material" - "Investment in people" and "investment in material" should be coordinated in resource allocation, as both types of capital are complementary and mutually reinforcing [4] - It is essential not to view "investment in material" as ineffective or low-level, nor to assume that "investment in people" projects are inherently beneficial; all investments with real or potential demand contribute to economic and social development [4] - The current investment strategy should shift from primarily new construction to a balance of renovation and new investment, focusing on modern industrial systems and addressing key areas and weaknesses [5]

如何留住英才？这家近百年的酒店企业提供了优秀 答卷 2025年春，广东即启动"百万英才汇南粤"行动计划，推出了政策包，既求贤若渴，又希望留住人才，发 展百年企业。在留住人才、稳健发展、发挥人才潜能方面，"半岛酒店"在近百年的企业发展历程中，是 奢华酒店界的翘楚。 上海半岛酒店，十年以上员工占比34% 香港上海大酒店有限公司早于1866年注册成立，半岛酒店自1928年的首店"香港半岛酒店"开始，用了97 年的时间，完成了12间奢华酒店的全球布局，其中3间在中国。 2009年10月开业的上海半岛酒店，是70年来外滩第一座新落成的建筑物。今年是上海半岛酒店的第16个 年头，现共有584位员工，其中十五年以上的"开业员工"（即从酒店开业至今的员工）共有90位，占员 工总数的16%；104位员工为上海半岛酒店服务了十年，占比18%；即服务上海半岛酒店十年以上的员 工总共有194位，占总员工数量的34%。 在企业界中，服务企业十年的员工被誉为忠诚度高、贡献高的"老员工"；而在酒店业界，员工的流失率 更是连年高企，尤其是在过去疫情防控期间，众多酒店和酒店员工都"熬不下去"，纷纷出走。那么，一 家奢华酒店如何留住员工？如何" ...

Investment Rating - The report maintains a cautious stance on the market, indicating that the cost-effectiveness of chasing high points is low, particularly around the 25,000 mark [2][3]. Core Insights - The current market exhibits extreme structural characteristics, with the technology sector driving index gains, while macro policies like monetary easing and fiscal policies are crucial for the expansion of other sectors [3][4]. - Southbound capital has become a significant driving force for the rebound in the Hong Kong stock market, with an expected inflow of nearly 200 billion HKD for the year, primarily from personal private equity and trend trading funds [3][11]. - The Hong Kong stock market's placement mechanism leads to almost unlimited chip supply, which can dilute the holdings of southbound capital, limiting its absolute pricing power [3][13]. - The U.S. stock market is influenced by AI, geopolitical issues, and policy uncertainties, with some bubbles already deflated, indicating a phase of bubble formation rather than a burst [3][14][15]. - The fiscal policy in 2025 will focus more on demand stimulation, particularly in the consumer sector, emphasizing the "investment in people" concept to enhance future supply potential and current consumption demand [3][25][34]. Summary by Sections Market Structure and Future Strategies - The market is characterized by a significant reliance on the technology sector, which constitutes about 40% of the Hang Seng Index, while the remaining 60% depends on macro policies [4]. - The performance of the new consumption sector in the Hong Kong market reflects structural opportunities and market sentiment recovery, benefiting from national trends and young consumer preferences [3][35][39]. Southbound Capital Dynamics - Southbound capital has seen a significant increase in inflow, averaging over 8 billion HKD daily since the Spring Festival, compared to over 3 billion HKD last year [11]. - Despite the increase in holdings, southbound capital does not possess absolute pricing power due to the open financial market and the stock placement mechanism [12][13]. U.S. Market Conditions - The U.S. stock market is currently facing several challenges, including AI-driven disruptions and policy uncertainties, which could affect the Federal Reserve's ability to lower interest rates [14][19]. - The valuation of the U.S. stock market remains high, but some bubbles have been deflated, making certain leading stocks' valuations more reasonable [15][17][23]. Consumer Sector Insights - The report highlights the importance of consumer demand in fiscal policy, with a focus on enhancing living standards through investments in education, healthcare, and social security [25][26][34]. - Recent policies aimed at boosting consumption have been comprehensive, addressing various factors affecting consumer behavior and emphasizing quality supply to stimulate demand [37][38]. New Consumption Trends - The new consumption sector in Hong Kong is expected to maintain rapid growth, driven by changing consumer preferences and the emergence of structural opportunities [35][36][39]. - The report suggests that the new consumption sector's performance is independent of traditional quality consumption factors, indicating a shift in market dynamics [35][36].

Group 1: Economic Growth and Reform Suggestions - The core discussion at the China Development Forum focused on stimulating new growth momentum through reforms in various sectors, including income disparity, local fiscal autonomy, technological innovation, capital market reform, and investment in human capital [1] - Liu Shijun emphasized the need to reduce urban-rural income gaps and improve the income of low-income groups to unleash economic vitality [2] - Gao Peiyong highlighted the importance of increasing local fiscal autonomy to invigorate local governments and drive economic growth [3][4] Group 2: Technological Innovation - Zheng Yongnian proposed that the focus of reforms should shift towards the technology and innovation sector, advocating for "appropriate regulation" and "de-regulation" to foster innovation [5][6] - He suggested establishing innovation special zones in regions with competitive advantages to support key technological breakthroughs [5] Group 3: Capital Market Reform - Liu Zunyi argued that current consumption-boosting policies are insufficient to address excess capacity and that investment needs to be stimulated through capital market reforms [7] - He proposed three specific measures: adjusting IPO pricing mechanisms, encouraging cash dividends, and facilitating stock issuance for companies to enhance financing opportunities for small and medium enterprises [7] Group 4: Investment in Human Capital - Li Daokui stressed the importance of "investing in people," indicating a shift in public spending towards improving living standards and encouraging childbirth [8] - He noted that the central government has significant potential to increase public debt, which could be utilized to support local governments in providing subsidies and training for labor [8]

Core Viewpoint - The article emphasizes the rapid development of artificial intelligence (AI) and robotics in Shenzhen, highlighting the city's transformation into a hub for innovation and talent, which is crucial for defining the next generation of products in the global market [1][2][3]. Group 1: Investment in Human Capital - The government work report during the National People's Congress highlighted the importance of "investing in people," which is seen as a deeper investment value orientation that combines with "investing in material" to enhance population potential and structural advantages in future industries like AI and robotics [2][3]. - Shenzhen's resident population reached 17.99 million by the end of 2024, with an increase of 199,400 people, marking a growth rate of 1.12%, maintaining the highest growth rate in the province for two consecutive years [2]. Group 2: Talent and Innovation - Shenzhen has become a magnet for top talent, with 920 scholars recognized as "top 2% scientists globally" and 207 as "highly cited scientists," leading the nation in research and development personnel [9]. - The establishment of various research institutions, including national laboratories and key laboratories, has created a robust ecosystem for innovation, with over 4,000 innovation carriers in the city [6]. Group 3: AI and Robotics Development - The AI industry in Shenzhen is projected to reach a scale of 360 billion yuan by the end of 2024, with a year-on-year growth of approximately 35%, and over 2,800 AI companies covering the entire industry chain [14]. - Shenzhen's government has launched several action plans to accelerate the development of AI and robotics, aiming for the AI terminal industry to exceed 800 billion yuan by 2026 and to cultivate over 10 companies valued at over 10 billion yuan in the robotics sector by 2027 [16][17]. Group 4: Collaborative Ecosystem - The collaboration between local hospitals and medical technology companies, such as the establishment of the "AI Smart Joint Laboratory," exemplifies the integration of AI in practical applications, enhancing the efficiency of product iteration [18]. - The "shared factory" system initiated by Shenzhen Innovation Academy aims to integrate resources from successful companies to support new entrepreneurs, ensuring rapid product development and validation [10][12].

【学习贯彻党的二十届三中全会精神】? "投资于人"是优化供给结构的支撑点。人力资本积累与技术创新存在强关联性。宽松的创业环境与人才 激励机制能够激发"创造性破坏"效应，让优秀的创新创业者在自主探索中崭露头角，让专精特新企业在 市场竞争中脱颖而出，让适应需求的产品在产业升级和技术迭代中获得市场青睐。从更深层次看，相较 于传统基建和产业投资，"投资于人"具有显著的供给与需求协同升级效应。当前我国技能人才缺口超 2000万，职业院校毕业生就业率连续多年保持高位。加大人力资源开发力度，提升劳动者知识技能水 平，不仅可填补新兴产业人才缺口，更能促进高质量就业，释放居民消费潜力。当劳动者通过技能跃迁 获得更高收入时，其消费需求将从生存型转向发展型，进而倒逼供给端提质增效，形成"人力资本提升 —消费升级—产业升级"的良性闭环。 确立"投资于人"在畅通国民经济循环中的战略地位 当前，"物"的投资与"人"的投资系统协同相对不足。在传统发展模式中，"投资于物"通过大规模基建和 产业投入驱动经济增长，在基础设施建设、工业生产等领域成果显著，也使人民生活物质基础更加雄 厚、生活水平大幅提升。但随着新型工业化与新型城镇化水平的提升，物 ...