Core Viewpoint - The article emphasizes the importance of implementing employment-first strategies and improving people's livelihoods in response to the current economic situation in Guangxi and Guangdong provinces [1] Group 1: Employment and Economic Stability - The government is urged to accelerate the implementation of policies aimed at stabilizing employment and the economy, particularly as the year-end approaches [1] - There is a focus on supporting enterprises to stabilize and expand employment, with specific attention to the employment of college graduates and migrant workers [1] - The article highlights the need for assistance to vulnerable groups in employment and addressing wage arrears for migrant workers [1] Group 2: High-Quality Development and Innovation - The government is encouraged to focus on high-quality development by fostering new productive forces and promoting technological innovation and industrial development [1] - There is an emphasis on creating new job opportunities and developing new occupational positions through large-scale vocational skills training initiatives [1] - The article calls for the improvement of employment support and public service systems to achieve annual employment targets [1] Group 3: Aging Population and Social Welfare - The article stresses the need to actively respond to population aging by optimizing basic elderly care services and enhancing urban-rural elderly care networks [1] - There is a push for the development of smart elderly care and the silver economy, promoting the coordinated development of elderly care services and industries [1] - The government is urged to fully implement various welfare policies and strengthen monitoring and care services for vulnerable children [1]

她强调，要积极应对人口老龄化，优化基本养老服务供给，完善城乡养老服务网络，加快发展智慧养 老，大力发展银发经济，推动养老事业和产业协同发展。要全面落实各项惠民政策，加强困境儿童监测 摸排和关爱服务，完善分层分类社会救助体系，扎实做好困难群众基本生活保障。 《 人民日报 》（ 2025年11月22日 02 版） (责编：胡永秋、杨光宇) 谌贻琴先后来到广西柳州、南宁和广东肇庆、广州，深入企业、产业园区、就业服务机构、儿童关爱服 务站等，了解企业用工、智慧康养、困境儿童关爱保护等情况。她指出，当前临近年末岁尾，要加快落 实好今年出台的稳就业稳经济一揽子政策，支持企业稳定和扩大就业，切实抓好高校毕业生、农民工就 业工作，加强困难群体就业援助和农民工欠薪治理。要聚焦高质量发展，因地制宜发展新质生产力，着 眼科技创新和产业发展，积极创造新的就业机会，开辟更多新职业岗位，开展好大规模职业技能提升培 训行动，完善就业支持和公共服务体系，坚决完成全年就业目标任务。 新华社广州11月21日电 国务委员谌贻琴16日至21日在广西、广东调研就业、民政工作。她强调，要深 入学习贯彻党的二十届四中全会精神，认真落实习近平总书记在两省（ ...

Core Points - The recent job fair in Chongqing's Liangjiang New Area aimed to connect local enterprises with job seekers, featuring hundreds of positions across various fields [1][6] - The event was well-attended, primarily by local residents, and included a large display of job information to facilitate the application process [3][5] - The job fair is part of a broader initiative by Jinshan Street to address employment challenges and support local businesses in finding workers [6][7] Employment Services - The job fair included dedicated areas for policy consultation, job registration, and career guidance, addressing common concerns related to retirement, healthcare, and employment [6] - Jinshan Street has conducted six large-scale job fairs this year, aiming to help residents find employment close to home and alleviate local labor shortages [6] - The employment strategy for 2025 focuses on a "precise" and "diversified" approach, integrating recruitment, training, and services to better match job seekers with employers [6] Future Plans - Jinshan Street plans to continue aligning recruitment efforts with market demands through online platforms like the "Yuzhi Pin" mini-program and WeChat [7] - The area has established a database of over 100 companies to facilitate ongoing recruitment and training initiatives [6]

Core Viewpoint - Various regions are implementing multiple measures to mitigate the adverse effects of the cold weather on people's livelihoods [1] Group 1 - Regions are taking proactive steps to ensure the well-being of citizens during the cold weather [1]

Core Viewpoint - China Merchants Shekou (001969.SZ) plans to issue up to 82 million preferred shares to raise a maximum of 8.2 billion yuan for business development, focusing on real estate projects in key cities [1] Group 1: Issuance Details - The preferred shares will have a fixed dividend rate with a single jump interest arrangement, be cumulative, non-redeemable, and non-convertible [1] - The issuance will target no more than 200 qualified investors and will not prioritize existing shareholders [1] - The issuance method will be through underwriting, with the first issuance expected within six months after obtaining approval from the China Securities Regulatory Commission [1] Group 2: Fund Utilization - The raised funds will primarily support the "guarantee delivery of buildings and livelihood" real estate projects, including 11 projects such as Guangzhou Linyu Courtyard and Shenzhen Exhibition Bay projects [1] - The total investment for these projects amounts to 45.67 billion yuan, aligning with the company's business direction and national industrial policy [1] - These projects are expected to generate stable returns for the company [1] Group 3: Underwriters' Holdings - As of September 23, the joint underwriters, CITIC Securities and China Merchants Securities, hold shares in the company [2] - CITIC Securities holds a total of 1,066,857 shares, representing 0.01% of the company [2] - China Merchants Securities and its subsidiaries collectively hold approximately 4,634,372 shares of China Merchants Shekou [2]

Core Viewpoint - China Merchants Shekou (001979.SZ) announced a plan to issue preferred shares to specific investors, aiming to raise up to 820 million RMB for real estate project construction focused on "ensuring housing delivery and safeguarding people's livelihoods" [1] Group 1: Issuance Details - The preferred shares will be issued to no more than 200 qualified investors, in accordance with the "Pilot Management Measures for Preferred Shares" and other legal regulations [1] - The company will not arrange for preferential allocation to existing shareholders, and the controlling shareholder or related parties will not participate in the subscription for these preferred shares [1] - The total number of preferred shares to be issued will not exceed 82 million shares, with the exact amount to be determined by the board of directors based on regulatory requirements and market conditions [1] Group 2: Fund Utilization - The funds raised will be used for the construction of real estate projects aimed at ensuring housing delivery and safeguarding people's livelihoods, after deducting issuance costs [1]

Core Viewpoint - The company, China Merchants Shekou Industrial Zone Holdings Co., Ltd. (招商蛇口), announced a plan to issue preferred shares to raise up to 8.2 billion yuan, which will be used for the construction of real estate projects aimed at ensuring housing delivery and supporting people's livelihoods [1] Group 1 - The company plans to raise funds through a specific issuance of preferred shares [1] - The total amount targeted for fundraising is not to exceed 8.2 billion yuan, including the full amount [1] - The net proceeds after deducting issuance costs will be allocated to the company's "ensure housing delivery, ensure people's livelihood" real estate projects [1]

Core Viewpoint - The article emphasizes the continuation of a stable yet progressive macroeconomic policy, focusing on maintaining policy stability while enhancing flexibility and timely adjustments to stimulate economic recovery [1][3]. Fiscal Policy - The fiscal policy aims for detailed implementation, emphasizing structural optimization, with a focus on enhancing social welfare and targeted spending for specific groups [4]. - The government plans to accelerate the issuance of long-term special bonds, with net financing reaching 7.66 trillion yuan in the first half of 2025 [4]. Monetary Policy - A moderately loose monetary policy is anticipated, with potential interest rate cuts to lower overall financing costs for society [5]. - The central bank has already implemented a 10 basis point interest rate cut and a 50 basis point reserve requirement ratio reduction, with further easing expected [5]. Industry Policy - The industry policy focuses on fostering technological innovation and promoting healthy competition, with an emphasis on emerging industries and strategic sectors [6][8]. - Key areas for support include quantum computing, artificial intelligence, and biotechnology, with a push for collaboration between research institutions and enterprises [6]. Real Estate Policy - The real estate policy highlights the importance of high-quality urban renewal and managing local government debt risks, with a focus on stabilizing the housing market [9]. - Recent data shows a decline in property sales, with June's sales area and revenue down by 5.5% and 10.8% year-on-year, respectively [9]. Domestic Demand Expansion - The strategy for expanding domestic demand involves enhancing both consumption scenarios and consumer capacity, with potential policies to optimize social security contributions and tax structures [11][12]. - Recent retail sales data indicates a 4.8% year-on-year growth, but a decline in consumer confidence remains a concern [11]. Employment and Social Welfare - The employment policy prioritizes job creation for key demographics, including recent graduates and migrant workers, while ensuring social safety nets are in place [13]. - The approach combines development with safety nets to stabilize society and rebuild consumer confidence [13]. Capital Market - The capital market is encouraged to enhance its attractiveness and inclusivity, with recent positive performance in A-shares and Hong Kong stocks [14]. - The government has introduced various supportive measures to stabilize and invigorate the capital market, including optimizing monetary policy tools [14]. High-Level Opening Up - The policy aims to maintain a stable foundation for foreign trade and investment, with measures to support foreign trade enterprises and promote integrated development of domestic and foreign trade [15]. - The focus is on enhancing the resilience of enterprises and the support capabilities of open platforms in a complex external environment [15].

Core Viewpoint - The Central Political Bureau meeting emphasized the need for proactive macroeconomic policies to address ongoing economic challenges while maintaining growth momentum, highlighting the importance of stability and flexibility in policy implementation [1][2][3]. Economic Performance - China's GDP grew by 5.3% year-on-year in the first half of the year, laying a solid foundation for achieving the annual growth target of around 5% [2]. - The meeting acknowledged the positive performance of major economic indicators and the effective prevention of risks in key areas [1][2]. Macroeconomic Policy - The meeting called for continuous and timely strengthening of macroeconomic policies, focusing on stability and progress, and promoting domestic and international dual circulation [3][6]. - It was noted that fiscal policy should be more proactive, while monetary policy should remain moderately accommodative [5][7]. Key Focus Areas for the Second Half - The meeting outlined key tasks for the second half of the year, including releasing domestic demand potential, deepening reforms, and expanding high-level opening-up [9][14]. - Specific actions include implementing consumption-boosting initiatives, enhancing support for small and micro enterprises, and stabilizing foreign trade [10][12]. Financial Measures - The meeting proposed accelerating the issuance and utilization of government bonds to improve funding efficiency and support economic recovery [7][8]. - It was suggested that new significant measures may be introduced in the second half to bolster growth, including potential interest rate cuts and increased fiscal spending [7][8]. Employment and Social Welfare - Emphasis was placed on prioritizing employment, particularly for key groups such as college graduates and veterans, and ensuring the implementation of social welfare policies [16]. - The meeting highlighted the importance of maintaining food security and preventing large-scale poverty [16].

Core Viewpoint - The overall fiscal performance in China for the first half of the year shows a stable trend, with a slight decline in revenue but an increase in expenditure, indicating a proactive fiscal policy aimed at supporting economic growth and social welfare [2][3][4]. Revenue Summary - National general public budget revenue reached 11.56 trillion yuan, a year-on-year decrease of 0.3%, with tax revenue at 9.29 trillion yuan, down 1.2%, while non-tax revenue increased by 3.7% to 2.27 trillion yuan [3][5]. - Government fund budget revenue was 1.94 trillion yuan, down 2.4%, with land use rights revenue declining by 6.5% to 1.43 trillion yuan [3]. Expenditure Summary - National general public budget expenditure was 14.13 trillion yuan, up 3.4% year-on-year, with central government expenditure increasing by 9% to 1.99 trillion yuan and local government expenditure rising by 2.6% to 12.14 trillion yuan [4]. - Government fund budget expenditure surged by 30% to 46.27 trillion yuan, with central government fund expenditure increasing by 6.2 times [4]. Debt Issuance and Fiscal Policy - The issuance of national bonds reached a record high of 7.88 trillion yuan, a 35.28% increase, while local government special bonds issued amounted to 2.16 trillion yuan, up 45% [6][7]. - The fiscal policy remains aggressive, with a focus on enhancing local financial support and implementing measures to boost consumption [6][8]. Social Welfare Focus - The fiscal strategy emphasizes social welfare, including the establishment of a childcare subsidy system and support for employment among vulnerable groups [8]. - The government has allocated 66.74 billion yuan for employment assistance and is working to reduce the costs of child-rearing to promote a family-friendly society [8].