新华财经上海12月8日电 在7日举办的上海加快"五个中心"建设专题研讨会上，香港中文大学（深圳） 公共政策学院院长、粤港澳大湾区研究院理事长郑永年发表主旨演讲。他从"十五五"时期我国面临的国 际战略格局深刻调整出发，提出上海肩负国家发展战略使命，必须以实体经济为根基、以科技创新为核 心，通过构建基础科研、应用技术转化与金融服务协同发力的"三驾马车"体系，推动"五个中心"高质量 协同发展。 而上海正凭借长三角区域协同优势，成为构建这一良性闭环的核心承载地。郑永年分析表示，上海的独 特优势体现在全链条生态的精准布局与区域资源的高效联动：一方面，上海集聚了密集的顶尖高校与科 研院所，且已启动"基础研究先行区"建设，通过载体搭建为基础科研筑牢保障；另一方面，江苏、浙 江、安徽均为制造业强省，产业基础雄厚、应用场景丰富，为技术成果从实验室走向生产线提供了广阔 转化空间；与此同时，作为国家金融中心，上海汇聚了多元资本力量，能够为硬科技项目提供覆盖研 发、中试、量产全周期的长期耐心资本支持。 "必须强调的是，建设国家金融中心必须坚守实体经济之本。"郑永年以英美"去工业化"的深刻教训为 鉴，着重阐述了"脱实向虚"的潜在风险。 ...

Core Viewpoint - The foundation of the real economy in China is continuously strengthening, which is crucial for building strategic advantages for future development [1][2]. Group 1: Economic Performance - In the first ten months, the industrial added value of large-scale enterprises increased by 6.1% year-on-year, with 29 out of 41 industrial sectors showing growth, resulting in a growth rate of 70.7% [4]. - The added value of high-tech manufacturing and digital product manufacturing increased by 7.2% and 6.7% respectively in October [4]. - The manufacturing sector's contribution to GDP was 25.7% in the first half of the year, indicating a stable and significant role in the economy [5]. Group 2: Agricultural and Service Sector Developments - The agricultural sector is maintaining a solid foundation, with summer grain production expected to be abundant, contributing positively to the overall economy [5]. - The service sector's value added contributed 3.1 percentage points to GDP growth in the first three quarters, reflecting its improving quality and efficiency [5]. Group 3: Infrastructure and Technological Advancements - By the end of October, the total number of 5G base stations in China reached 4.758 million, an increase of 507,000 from the previous year [5]. - Significant technological innovations include the development of a high-speed real-time oscilloscope and advancements in various sectors such as semiconductors and intelligent driving [9]. Group 4: Financial Support and Market Environment - Financial policies are increasingly focused on supporting the real economy, with multiple government initiatives aimed at enhancing financial services for industrial development [12][13]. - The introduction of new policies to improve market order and streamline factor circulation is expected to foster a healthier business environment [13]. Group 5: International Cooperation and Market Expansion - Several multinational companies are establishing operations in China, indicating a growing international interest in the Chinese market [14]. - The removal of restrictions on foreign investment in the manufacturing sector and ongoing efforts to enhance openness in telecommunications are expected to optimize international market layouts [14]. Group 6: Corporate Resilience and Commitment - Companies are demonstrating resilience and commitment to their core businesses, with examples of significant revenue growth despite external pressures [5]. - The focus on innovation and quality in production is seen as essential for maintaining competitiveness in the global market [15].

（编辑 袁冠琳） 证券日报网讯 12月5日，华创云信在互动平台回答投资者提问时表示，公司将坚持以AI和服务赋能实体 经济，加快新型数联网建设运营，扩展应用生态，深化证券金融服务数字化转型，夯实公司综合发展基 础，继续做好经营管理，提升公司运营效益，促进公司指标合理反映公司投资价值，切实维护投资者权 益。 ...

证监会主席吴清在人民日报发表署名文章《提高资本市场制度的包容性适应性（学习贯彻党的二十届四 中全会精神）》指出，党的二十届四中全会提出，实现人民对美好生活的向往是中国式现代化的出发点 和落脚点。我国有2亿多股票投资者、7亿多基金投资者，资本市场是人民群众分享实体经济发展成果的 重要平台。新"国九条"落地实施以来，资本市场总体保持回稳向好势头，2024年实现投资者现金分红 2.4万亿元，老百姓通过资本市场管理个人财富的意愿和诉求进一步增强。这要求资本市场提供更加丰 富、更高质量的金融产品和服务，逐步拓宽增加居民财产性收入的渠道。 ...

Core Insights - The conference highlighted China's ambitious goals for 2030, predicting significant economic growth and development across various sectors [1][2][3] Economic Growth - By 2030, China's GDP is projected to reach 190 trillion yuan, with a purchasing power parity estimate of 53 trillion USD, solidifying its status as a major global economy [1] - The country aims to establish itself as the largest entity economy, focusing on strengthening its real economy amidst a global trend of virtual economic expansion [1] Market Development - China's market size is expected to grow from 700 trillion yuan in 2024 to 1,070 trillion yuan by 2030, driven by a 6% annual growth rate [1] - The formation of a unified socialist market is anticipated, enhancing economic integration and efficiency [1] Urbanization and Infrastructure - China plans to develop super-large urban clusters, with three world-class city clusters identified: the Guangdong-Hong Kong-Macao Greater Bay Area, Beijing-Tianjin-Hebei, and the Yangtze River Delta [2] - By 2030, it is expected that five cities will achieve a GDP of 5 trillion yuan, contributing to local economic sustainability and competitiveness [2] Strategic Initiatives - The Belt and Road Initiative has fostered deeper international cooperation, serving as a strategic foundation for China's foreign relations and geopolitical positioning [2] - The focus on addressing domestic challenges is seen as essential for contributing to global stability and certainty [2][3] Governance and Reform - The need for improved national governance and timely implementation of reform measures is emphasized, with over 300 reform initiatives proposed [3] - Addressing social issues such as education, healthcare, and elderly care is crucial for enhancing the quality of life and supporting sustainable development [3]

联合国贸易和发展会议(贸发会议)12月2日发布的《2025年贸易和发展报告》预计，2025年全球经济增 长将放缓至2.6%，低于2024年的2.9%。报告重点关注了金融对贸易的影响，指出金融市场波动对全球 贸易的影响力几乎与实体经济活动相当，并影响全球的发展前景。 联合国贸发会议秘书长格林斯潘表示，研究结果表明金融环境正日益主导全球贸易走向，"贸易不仅是 一条供应链，更是信贷额度、支付系统、货币市场和资本流动的连接。" 报告认为，由于发展中经济体在全球金融市场中的作用依然有限，所以他们也面临日益上升的压力，包 括更高的融资成本、更易受资本流动突变影响，以及日益加剧的气候相关金融风险。这些因素限制了维 持发展中经济体增长所需的财政和投资空间。报告指出，地缘政治格局与政策转向正重塑全球化进程， 而金融体系必须调整以更好地服务实体经济需要。 报告指出，全球贸易逾90%依赖银行融资。美元流动性与跨境支付系统对国际贸易活动同样至关重要。 这种对金融渠道的深度依赖使贸易和全球金融货币环境紧密相连。主要金融中心利率变动或投资者情绪 波动，都可能影响全球贸易量。报告还强调了大宗商品市场，尤其是粮食市场上日益增强的金融因素， ...

Core Insights - The 20th Central Committee's Fourth Plenary Session emphasizes the importance of strengthening the financial sector as part of China's modernization and national rejuvenation efforts, providing a strategic blueprint for the 14th Five-Year Plan [1][3] - The State Council's recent guidelines aim to enhance regulation and promote high-quality development in the futures market, aligning with the directives from the Fourth Plenary Session [2][3] Group 1: Strategic Development - The "14th Five-Year Plan" outlines key goals and tasks for China's development, aiming for significant progress towards becoming a moderately developed country by 2035, with a focus on building a modern industrial system and promoting high-level technological self-reliance [3][4] - The plan highlights the need for steady development of futures, derivatives, and asset securitization, positioning the futures market as a critical component of national strategy [3][7] Group 2: Service to the Real Economy - The futures market is recognized for its role in risk management and resource allocation, essential for stabilizing and developing the real economy amid complex external and domestic challenges [4][5] - Companies like Hongyuan Futures are integrating deeply into the industrial chain, enhancing supply chain resilience, and providing tailored risk management services to over a thousand industrial clients [5][6] Group 3: Financial Innovation and Inclusivity - Hongyuan Futures is actively promoting green finance and inclusive finance, offering risk management services to over 300 small and micro enterprises and exploring innovative products like "insurance + futures" to support farmers [5][6] - The company is also focusing on pension finance, enhancing investor education, and applying risk management tools to long-term funds [5][6] Group 4: Compliance and Risk Management - The "14th Five-Year Plan" calls for comprehensive financial regulation and risk management, emphasizing the need for futures companies to strengthen compliance and risk management frameworks [9] - Companies are encouraged to embed futures tools into key operational processes to help enterprises effectively manage market price fluctuations and enhance their risk management capabilities [9]

Core Insights - The article discusses China's potential economic growth and development strategies outlined by Chen Wenling, emphasizing the country's ambition to become a super-large economy by 2030 [1][3][4] Economic Predictions - By 2030, China's GDP could reach 190 trillion yuan, with a purchasing power parity estimate of 53 trillion USD, solidifying its status as a super-large economy [1] - China aims to establish itself as a super-large entity in the real economy, focusing on strengthening its industrial base amidst a global trend of financialization [1] - The market size is projected to grow from 700 trillion yuan in 2024 to 1,070 trillion yuan by 2030, indicating a significant expansion of the unified socialist market [1] Urban Development - China is expected to form super-large urban clusters, with three world-class city clusters planned: the Guangdong-Hong Kong-Macao Greater Bay Area, Beijing-Tianjin-Hebei, and the Yangtze River Delta [3] - By 2030, it is anticipated that five cities will achieve a GDP of 5 trillion yuan, enhancing local economic sustainability and overall urban competitiveness [3] Strategic Initiatives - The Belt and Road Initiative has fostered deeper international cooperation over the past 12 years, serving as a strategic depth for developing countries and reshaping geopolitical relationships [3] Challenges and Reforms - China faces various existing and emerging challenges, including avoiding the pitfalls of excessive financialization seen in Western economies and ensuring a balance between supply and demand in the unified market [4] - The urgency of implementing over 300 reform measures proposed during the Third Plenary Session is highlighted, with a focus on improving national governance capabilities [4] - Ongoing improvements in people's livelihoods, particularly in education, healthcare, and elderly care, are essential for sustainable development [4]

Core Insights - Jiangsu Province has launched a special action to expand the first loan coverage for technology-based enterprises since 2025, addressing the "first loan difficulty" faced by innovative companies [1] - Nanjing Bank's Changzhou branch has successfully provided a first project loan to Qikangyuan Medical Technology (Changzhou) Co., Ltd., utilizing a multi-currency loan scheme to support the company's financial needs [1][2] Company Overview - Qikangyuan Medical Technology was established in 2021 with a registered capital of €40 million, co-owned by Dongcheng Nuclear Medicine and Germany's Eckert & Ziegler AG [1] - Dongcheng Pharmaceutical, a national high-tech enterprise, has multiple provincial innovation platforms and was recognized as a "Little Giant" enterprise by the Ministry of Industry and Information Technology in 2021 [1] - Eckert & Ziegler AG is a well-known supplier of isotopes for medical, scientific, and industrial applications, particularly strong in nuclear medicine imaging and cancer treatment [1] Industry Context - The company focuses on the research and production of medical radioactive isotopes and generators, which have historically relied on imports, leading to high costs and limited clinical application in China [1] - Changzhou has rapidly developed its medical device sector, forming a complete industrial chain that includes high-end medical equipment, in vitro diagnostics, and medical consumables, supported by policy initiatives and technological innovation [2] Financial Support - Nanjing Bank's Changzhou branch identified Qikangyuan's funding needs during a visit to companies on the "first loan expansion action" list and tailored a comprehensive financing solution based on the company's equity structure and growth trends [2] - The bank approved a medium- to long-term project loan of ¥180 million, with ¥46.08 million disbursed so far, easing the company's financial pressure for initial investments [2] - The successful loan issuance exemplifies the collaboration between government, banks, and enterprises to empower the real economy and enhance financial services for technology-based companies in Changzhou [2]

奋进群像 "腰部力量"活力尽显，今年前三季度增速均领跑全省 审视今年前三季度四川21市（州）地区生产总值排位，内江、眉山、自贡、遂宁GDP集中在1400亿元至1500 亿元的区间内，它们拥有同一个"2000亿元梦想"。 2025年收官在即，四川经济版图的"黄金腰部"发力冲刺——内江、眉山、自贡、遂宁四地今年的经济发展目 标均剑指2000亿元以上；前三季度地区生产总值均已超1400亿元，距离年度目标均不到600亿元。 若四市集体"撞线"，四川将首次迎来4个市（州）同时跨入"2000亿元俱乐部"的历史性场面，"五区共兴"的发 展蓝图加速成为现实。 站在2000亿元门口的四市，如何冲刺？ 今年初，内眉自遂四市不约而同地将年度经济总量目标锚定在同一个刻度：跨越2000亿元大关。 内江地区生产总值近年来已跨越多个百亿级台阶，2024年GDP达1942.57亿元。根据其"十四五"规划中"总量 突破2000亿元大关"的既定目标和2025年6.0%以上的增长目标，跨越2000亿元堪称"临门一脚"，势在必行。 省社科院研究员盛毅分析，一年之内新增4个GDP2000亿元城市，四川未有先例。原纪录是2018年，德阳、宜 宾、南充三 ...