会议提出要创设新的结构性货币政策工具，重点支持科技创新、扩大消费、稳定外贸等领域，设立服务 消费和养老再贷款。在上述重点支持领域，部分已有结构性货币政策工具覆盖，有些领域尚需创设新工 具。已有的科技创新再贷款、科技创新和技术改造再贷款、普惠养老专项再贷款均属于阶段性工具，预 计央行会通过展期、扩大额度、降低利率、优化再贷款发放条件等方式加大对金融机构的资金支持力 度。 结构性货币政策工具以正向激励的市场化方式，引导金融机构将信贷资源更多投向经济重点领域和薄弱 环节。相比之下，政策性金融工具既属于货币金融政策的组成，也兼具财政政策特征。此次会议强调要 加强超常规逆周期调节，而政策性金融工具有望发挥逆周期调节的作用，进一步强化财政、货币政策在 科技创新、稳定外贸等领域的协调配合。 千磨万击还坚劲，任尔东西南北风。面对外部环境的不确定性，我国将以"咬定青山不放松"的战略定力 聚焦高质量发展，通过逆周期调节与深化改革"组合拳"，共同稳定经济大盘。货币政策将在其中做出新 探索更好支持实体经济转型。 （文章来源：证券时报） 证券时报记者孙璐璐 在外部冲击影响加大的背景下，日前召开的中央政治局会议指出，要以高质量发展的确定 ...

备受瞩目的4月高层大会已经召开。上周五，大家看到了官方文本。这是今年上半年最重要的会议。那 么，它到底传递出哪些信息？有没有暖风？阵级到底能达到多少？我们一起来跟大家聊一下。 先说结论，市场对这个会议是万众期待，所以报的预期比较高，但真正的文本发出来之后，个人理解是 略微低于市场上一部分资金的预期。这可能在下周投资市场中，不提供特别强的拉动力，甚至有没有可 能还会稍微造成一点压力，要小心一点。 我们具体来看一下官方公布的文本中有哪些非常值得划重点的细节。 首先，会议召开的时间比往常提前了几天。这说明对目前的经济形势判断是比较紧急的。那么，海外扰 动到底怎么对冲？增量政策到底什么时候推出，以及增量政策到底有多大？这次文本提炼一个关键词， 那就是"高质量发展"。 2、海外扰动缓和，全球大类资产或进入"反向扭转期"。 如有疑问请以音频内容为准，添加妙妙子微信huxiuvip302，入群有机会与董小姐进一步交流。 新闻解读评级说明：五星重磅，四星重要，三星级以下大家选择听。 1、重要会议提前开，哪些"不及预期"，哪些是"意外亮点"? 本篇评级为★★★，主要围绕以下内容展开： 1、重要会议提前开，哪些"不及预期"，哪些 ...

预告：国新办4月28日就稳就业稳经济推动高质量发展政策措施有关情况举行新闻发布会 智通财经4月27日电，国务院新闻办公室定于2025年4月28日（星期一）上午10时举行新闻发布会，请国 家发展改革委副主任赵辰昕、人力资源社会保障部副部长俞家栋、商务部副部长盛秋平、中国人民银行 副行长邹澜介绍稳就业稳经济推动高质量发展政策措施有关情况，并答记者问。 ...

Group 1: Company Performance and Strategy - The company aims for long-term business sustainability, rejecting short-term competition and low-quality products [2] - In 2024, the company plans to restore high-quality products, with positive consumer feedback on new packaging and quality [2] - As of April 2025, the company has nearly 1,000 online stores, with 400 newly opened in 2025, aiming to reach around 2,000 by year-end [2] Group 2: Product and Market Development - The company’s light luxury series includes men's, women's, and underwear categories, with over 2,600 SKUs from franchise partners [4] - The company expects high-quality growth in GMV for 2025 compared to 2024 [4] - The company plans to open its first fixed store in June 2025, focusing on a limited number of high-quality products [3] Group 3: Marketing and Sales Channels - The company will adopt a more rational approach to marketing expenditures in 2025, aiming to enhance efficiency [6] - The overall GMV growth for the brand remains around 30%, with a significant increase in sales on the Alibaba platform [7] - The company is exploring partnerships with retail formats in Shanghai and surrounding areas for multi-category stores [8] Group 4: Financial Performance - The gross profit margin for the company's sales in 2024 is projected to be around 10% [6] - The company reported a net profit of 3,335.74 million yuan for the previous year [8] - The company’s GMV profit conversion rate is not directly comparable to previous years due to changes in revenue structure [6]

Core Insights - JD.com has launched a new initiative called "Factory Goods Hundred Supplement" aimed at addressing issues in the industry such as low pricing and unsustainable business practices, with an annual investment of 10 billion yuan to enhance user experience, logistics, and factory efficiency [1][2][3] - The initiative includes three main support plans: "Factory Goods Hundred Supplement," "Foreign Trade Relief," and "Rise of Personal Stores," which aim to balance quality and profitability for merchants, fostering sustainable business operations [1][3] - JD.com plans to create 1,000 million-unit hot-selling products and 10,000 ten-thousand-unit livelihood products by 2025, which is expected to attract 150 million new users [1][4] Support Plans - The "Factory Goods Hundred Supplement" plan will leverage 10 billion yuan in special support funds to incubate popular products from industrial belts and rebuild consumer trust in domestic goods [1][3] - JD.com will provide zero entry fees, zero promotion fees, and zero commission for selected enterprises, facilitating a green channel for foreign trade companies to enter the domestic market [3][4] - The "Personal Store" initiative aims to reduce operational barriers for individual merchants, with over one million personal stores already on the platform, and plans for significant order volume growth by 2025 [3][4] Industry Context - The e-commerce industry is shifting away from a low-price competition model towards a focus on high-quality development, as evidenced by recent changes in refund policies and a collective industry consensus on balancing merchant and consumer interests [5][6] - The ongoing low-price competition has led to unsustainable business practices, with many merchants earning less than 1% profit margins, resulting in a detrimental impact on both consumers and businesses [6]

《通知》要求，坚决防止把经济纠纷当作犯罪处理。严格区分合同纠纷与合同诈骗、合法融资与非法集 资、参与兼并重组与恶意侵占国有资产、正当经营与违法犯罪等的界限，严格把握刑事犯罪的认定标 准，坚决防止和纠正利用行政、刑事手段干预经济纠纷，有效防范违规异地执法、趋利性执法司法。 对在生产、经营、融资等活动中的经济行为，虽属违法违规，但不构成犯罪的，依法宣告无罪，或者建 议检察机关撤回起诉。对于涉企新类型案件，应当依法审慎处理，必要时由上级人民法院依法提级管 辖。强化涉企产权刑事案件申诉、再审工作，健全有效防范、依法甄别纠正涉企冤错案件机制。 同时，要防止和纠正执法司法中的地方保护主义。《通知》强调，坚决杜绝拖延立案、违规不立案、限 制立案、选择性立案等问题。严禁受地方保护主义影响或者出于趋利性目的，对涉企案件扩张管辖、人 为制造异地管辖。当事人提出管辖异议，或者下级法院提请指定管辖的，有关法院应当严格审查、依法 处理，从源头上防止违规异地执法、趋利性执法司法。 最大限度降低对企业正常生产经营活动的影响。《通知》要求，严禁超权限、超范围、超标的、超时限 采取查封、扣押、冻结措施。严格区分违法所得与合法财产、涉案人员个人 ...

Group 1 - The core idea of the article emphasizes the importance of innovative academic research and theories that challenge traditional concepts, providing new perspectives for understanding modern economic, political, and cultural phenomena [1] - The selected books, "Key Concepts," "The World After Capital," and "Evolution," offer new directions for development and strategy [1] Group 2 - "Key Concepts" discusses the significance of development ideas that provide clear directions for economic growth, focusing on concepts like Chinese-style modernization and new development patterns, which are foundational for China's achievements in the new era [4] - "The World After Capital" highlights the scarcity of attention as a resource, arguing that individuals must become "guardians of attention" to navigate the overwhelming flow of information and regain inner peace [10][11] - "Evolution" addresses the political and economic inequalities exacerbated by globalization, exploring the complex interactions between politics and economics, and how nations seek balance between economic interests and political goals [14]

LSEG 《前瞻》中国4月底政治局会议料不轻易露"底牌"，但会释放增量信号振奋信心 - Reuters News み 2025年4月25日 10:09:44 上午 中国财长和央行行长近日出席二十国集团（G20）会议，蓝佛安强调中国主张通过平等对话协商解决贸易和关税争议；潘功胜则表示 各方应加强合作，努力避免全球经济滑向'高摩擦、低信任'的轨道。 **明确增量预期** 张迪认为，4月政治局会议或释放更加积极的工作基调：一方面、加快已有政策工具的落实、包括加快政府债券的发行进度、为下半 年政策加码腾出空间；另一方面，给出增量政策信号， 待外部环境进入稳态后， 适时推出政策储备。 路透北京4月25日 - 中国4月底即将召开政治局会议，为全年经济工作开展"划重点"。但鉴于中美谈判形势尚未明晰，分析人士普 遍预期，会议可能难见"大水漫灌"式激进策略. 因为不轻易亮出全部"底牌"。预计随着贸易战进展"攻守兼备", 择机出动, 不过他们认为，总体会议在强调落实既有政策基础上，也会释放增量政策信号提振信心。具体来看，刺激内需尤其是消费的政策将 逐渐浮出水面, 如提高居民收入、提供育儿补贴等, 后续聚焦与社会保障体系密切相关的 ...

中央统战部六局一级巡视员许睢宁，市领导胡勇政、杨相卫、李湛参会。 编辑：赖俊 4月26日，"科创引领 数字赋能"全国重点互联网平台企业、独角兽企业武汉恳谈会举 行，市委副书记、市长盛阅春出席并致辞。 盛阅春在致辞中表示，武汉是中部地区的中心城市、国家历史文化名城、国际性综合交 通枢纽城市，近年来经济保持稳中向好、进中提质的发展态势，转型升级取得新进展、城市 发展不断焕发新活力。当前我们正深入学习贯彻习近平总书记考察湖北重要讲话精神，牢牢 把握高质量发展首要任务，始终把创新驱动作为城市发展主导战略，充分发挥科教人才优 势，加快建设光谷科创大走廊、车谷产业创新大走廊、滨江数创走廊和环大学创新发展带， 深化"楚材聚汉、共建支点"行动，大规模推进楚商回乡、返乡创业、学子聚汉和"双创双 带"，加快建设全国科技金融中心，打造具有全国影响力的科技创新高地、发展新质生产力 的重要阵地；充分发挥交通区位优势，扎实推进陆海空三条丝绸之路重要节点建设，做 强"五型"物流枢纽，加快建设对外交往中心，打造新时代内陆开放新高地。诚邀各位企业家 投资武汉、深耕武汉，我们将持续打造一流环境、提供一流服务，为大家在汉投资兴业、工 作生活创造良 ...

Group 1 - The 2025 Suzhou Global Investment Conference was held with a total investment of 341.57 billion yuan across 417 projects signed [1] - The conference emphasized Suzhou's role as a hub for high-quality development and innovation, inviting global enterprises to invest in the region [3][4] - The event highlighted the successful implementation of last year's projects, showcasing Suzhou's commitment to rapid development and open cooperation [4] Group 2 - Notable international business leaders expressed confidence in China's development prospects and their intention to expand investments in Suzhou [6] - The conference launched a Global Industrial Innovation Cooperation Partnership Plan and awarded the Kunshan Economic Development Zone for its foreign investment headquarters [6] - The event featured participation from representatives of various countries and major global corporations, indicating strong international interest in Suzhou [6]