在阅读文章前，辛苦您点下"关注"，方便讨论和分享。作者定会不负众望，按时按量创作出 更优质的内容 文 |小戎 哈喽，大家好，小戎这篇国际评论，主要来分析凯雷集团扫货日韩肯德基的资本操作，看其餐饮布局逻 辑与潜在风险，两相对比其他资本玩法差异。 家人们谁懂啊！2025年底亚洲餐饮圈直接被凯雷这波操作炸懵了——砸9.5亿人民币把韩国肯德基全款 拿下，这距离它收日本肯德基才过了一年半，合着是把东亚快餐圈当"购物车"了？ 凯雷9.5亿接盘韩国肯德基 更关键的是，凯雷早就买了韩国途尚咖啡1700多家店，这波属于"肥水不流外人田"，以后肯德基和咖啡 搞个组合套餐、共享供应链，成本直接下来，这协同算盘打得比谁都精。 凯雷的餐饮豪赌赌得起吗？ 现在凯雷在中日韩手握1470家肯德基门店，这可不是简单堆数量，是要搞"区域联动"大棋。 更离谱的是，这韩国肯德基两年前才卖600多亿韩元，现在直接翻三倍，前东家纯属"闪电套利"，这波 操作比开了外挂还丝滑。 可能有人要问，凯雷是谁？这可是手握4740亿美元的"金融巨鳄"，但在餐饮圈它更像"点石成金"的改造 大师。之前接盘麦当劳中国，硬是把增长瓶颈期的品牌盘活，6年赚了6.7倍，年化收益 ...

坚持内需主导，支持建设强大国内市场。 "我国内需市场潜力巨大，财政要在扩大内需、畅通经济循环中积极发挥作用。"财政部部长蓝佛安表 示，2026年将大力提振消费，深入实施提振消费专项行动。继续安排资金支持消费品以旧换新，调整优 化补贴范围和标准；优化个人消费贷款贴息及服务业经营主体贷款贴息政策；支持发展消费新业态新模 式，促进服务消费。同时，积极扩大有效投资，加大对新质生产力、人的全面发展等重点领域投入。加 快推进全国统一大市场建设，规范税收优惠、财政补贴政策。 "财政资金'投资于物'直接拉动基建投资，'投资于人'满足居民保障需求从而减少后顾之忧、释放消费潜 力。"粤开证券首席经济学家罗志恒认为，继续发行超长期特别国债支持"十五五"时期国家重大工程， 既确保一系列综合效益好的项目持续落地，又扩大投资需求；财政支出继续向民生领域倾斜，可逐步提 高民生保障水平，提高居民消费意愿。 "继续实施财政对于科技领域、个人消费和服务业经营主体贷款贴息政策，可以降低创新主体、消费者 和服务业供给主体的融资成本，提升其科技创新、扩大消费和优化服务供给的积极性。"罗志恒说。 支持科技创新和产业创新深度融合，加快培育壮大新动能。 记 ...

Core Viewpoint - The article emphasizes the importance of expanding domestic demand and enhancing the role of the private economy in driving China's economic growth, particularly in the context of the upcoming "15th Five-Year Plan" and the challenges posed by external economic environments [2][11]. Group 1: Domestic Demand Growth - The current economic environment shows a significant contradiction between strong supply and weak demand, necessitating a focus on expanding effective domestic demand [2][3]. - The central economic work meeting has prioritized the construction of a strong domestic market, indicating a strategic shift towards internal circulation [2][3]. - In 2024, China's consumer rate was reported at 39.9%, which is significantly lower than that of developed countries by 10 to 30 percentage points, highlighting the potential for growth in domestic consumption [2]. Group 2: Investment in Human Capital - The concept of "investing in people" is highlighted as a crucial strategy for economic development, emphasizing the need to allocate more resources to education, healthcare, and social security [5][6]. - This approach aims to enhance human capital and improve living standards, which are essential for driving sustainable economic growth [6][7]. - The integration of "investment in people" with "investment in material" is seen as a necessary step to address supply-demand imbalances and promote high-quality development [7]. Group 3: Private Economy Development - The private economy is recognized as a vital force for modernization and high-quality development, with significant contributions to job creation and GDP [11][12]. - In 2024, the private economy in Sichuan achieved a value-added of 36,461.1 billion yuan, accounting for 56.4% of the province's GDP [11]. - There is a need for targeted policies to address the challenges faced by the private sector, including improving the business environment and supporting innovation [12][13]. Group 4: Regional Coordination - The article discusses the importance of regional coordination and urban-rural integration as key tasks for economic development in 2026 [14][15]. - Sichuan aims to enhance inter-provincial cooperation, particularly with Chongqing, to foster balanced development and optimize resource allocation [14][15]. - The focus on building a modern urban system and improving infrastructure is essential for supporting regional economic growth [15][16]. Group 5: Cultural and Tourism Integration - The integration of culture and tourism is identified as a strategic priority for Sichuan, aiming to leverage its rich cultural resources to enhance economic development [24][25]. - The shift from resource-driven to value-creation in the tourism sector is necessary to address existing challenges and improve the overall quality of tourism offerings [25][26]. - The article emphasizes the need for innovative approaches to enhance the cultural tourism experience and drive economic growth [26][27]. Group 6: Water Resource Management - The "Yin Da Ji Min" project is a significant cross-basin water diversion initiative aimed at addressing water resource distribution issues in Sichuan [28][29]. - This project is expected to provide essential water supply for industrial and agricultural needs, supporting sustainable development in the region [29][30]. - The initiative aligns with national strategies for water security and ecological protection, contributing to the overall resilience of the region's water management system [30][31]. Group 7: Public Service Mapping - The development of a public service "population map" is proposed to enhance the precision of service delivery in response to demographic changes [32][33]. - This innovative approach aims to improve the allocation of public resources and ensure that services are tailored to the needs of the population [33][34]. - The initiative represents a shift towards data-driven governance, enhancing the efficiency and effectiveness of public service provision [34].

12月27日至28日，全国财政工作会议在北京召开。会议以习近平新时代中国特色社会主义思想为指导， 全面贯彻落实党的二十大和二十届历次全会以及中央经济工作会议精神，贯彻落实党中央、国务院决策 部署，总结2025年财政工作，布置2026年重点任务。财政部党组书记、部长蓝佛安作工作报告。 会议要求，2026年财政工作抓好以下重点任务。一是坚持内需主导，支持建设强大国内市场。大力提振 消费，深入实施提振消费专项行动。积极扩大有效投资，加大对新质生产力、人的全面发展等重点领域 投入。加快推进全国统一大市场建设，规范税收优惠、财政补贴政策。二是支持科技创新和产业创新深 度融合，加快培育壮大新动能。进一步增加财政科技投入，完善财政科技经费管理，强化企业科技创新 主体地位。实施制造业重点产业链高质量发展行动，开展新一批制造业新型技术改造城市试点，加快构 建现代化产业体系。三是推进城乡融合和区域联动，拓展发展空间。扎实推进乡村全面振兴，积极支持 以人为本的新型城镇化，促进区域协调发展。四是进一步强化保基本、兜底线，切实加强民生保障。促 进居民就业增收，支持办好人民满意的教育，提高医疗卫生服务保障水平，完善社会保障体系，在满足 ...

转自：光明日报 "坚持协调发展，促进城乡融合和区域联动。"近日召开的中央经济工作会议点明的这一重点任务， 为推进中国式现代化锚定了关键方向，也映照出广东省深耕3年的一项核心课题—— （来源：光明日报） 县域全面激活： 地兴产业 人归故里 在"百千万工程"全省一盘棋的推动下，清晰的产业布局正为县域经济注入前所未有的活力，让曾经 的土特产升级为带动一方致富的大产业。 在粤西茂名化州市，道地药材化橘红曾陷于"有价无市"的困境。如今，当地通过打造现代农业产业 园，推动产业从单打独斗走向集群作战。"我对发展品牌农业很有信心！"茂名化州市培林橘红种植专业 合作社社长廖志略表示，通过统一标准与精深加工，这颗小果被"吃干榨净"，2024年全产业链产值突破 115亿元，正从土特产升级为闪亮的"世界名片"。 广东最突出的省情，就是珠三角少数大城市的发达，与粤东、粤西、粤北广阔腹地上大批县镇村的 发展滞后形成强烈落差。2022年12月，广东省委启动"百县千镇万村高质量发展工程"，对准薄弱环节， 坚定推动城乡区域协调发展。3年来，这项举全省之力推进的"头号工程"路径与成效日益清晰：它并非 一次常规"帮扶"，而是一场以系统性思维破题攻 ...

□四川日报全媒体记者 李欣忆 陈碧红 宁宁 尹梦奇 2026年四川经济工作重点任务 1 千方百计扩大有效需求，不断拓展内需增长新空间 2 5 用心用情保障和改善民生，不断提高人民生活品质 6 加力加劲推动科技创新和产业创新融合发展，不断催生新质生产力 3 坚定不移深化改革扩大开放，不断增强高质量发展动力活力 4 持续用力推进协调发展，不断深化城乡融合和区域联动 达州市市长梁磊表示，达州明年将把扩大有效投资摆在更加重要的位置，"总投资超400亿元的城 宣大邻高速和南达高速将于2026年开工建设，成达万高铁等计划2027年建成通车。随着这些重大 基础设施建成投用，不仅将极大便利群众出行，更将促进物流、人流、商流加速集聚，进一步激 活川东北区域消费市场。" 让百姓"钱袋子"鼓起来，是推动消费持续回升的关键。省财政厅厅长黎家远透露，将加快制定出 台"投资于人"15条政策措施，适时提高城乡居民基础养老金和困难群众救助保障水平。"只有预期 积极稳妥做好重点领域风险化解，不断守牢安全发展底线 12月23日，省委经济工作会议在成都召开。会议确定2026年经济工作重点任务，全省经济发展"施 工图"清晰显现，释放的一系列新信号， ...

转自：成都日报锦观 产业频繁互动，带来了协同效能同步深化。随着"成都—长三角科创生态圈联盟""沪蓉文创产业联盟"先 后成立，12月9日，"成都－长三角地区文创产业创新发展联盟"也正式落地。 还有共享机遇之后，合作空间的进一步拓宽。2025"成都⇌长三角"电子信息产业场景发布会带来了187 条机会清单、涉及金额超2000亿元，此次成都都市圈走进长三角投资推介系列活动中，影目科技等企业 带着最新研发产品亮相会场…… 在纵深推进全国统一大市场建设的背景下，区域联动已经不只是一域之内的深度融合、系统推进，也是 区域之间要素、产业等多维度立体协作。 "动"不止于区域间要素的"物理重组"，更需以"化学反应"激活发展新动能。 携手"圈"出高质量发展的新未来 □本报评论员 "携手都市圈共享新机遇"，12月20日至26日，成都都市圈走进长三角投资推介系列活动在上海、南京等 地开展。 这是成都都市圈建设5周年之际，继联动京津冀、长株潭衡产业（集群）后，成德眉资4市再次携手 跨"圈"。活动除举行投资合作推介会以外，还聚焦人工智能、低空经济、文化旅游等产业领域，分别举 行专题交流对接会、开展特色产品展示展销活动。 站在都市圈由成长期 ...

12月11日，武汉、长沙、南昌、合肥四市知识产权局在武汉签署《长江中游城市群知识产权保护一体化 协同发展合作协议》。 根据协议内容，四市将携手共建"长江中游城市群知识产权战略研究基地"，依托中南财经政法大学专业 资源，开展知识产权保护、人才培育及产业赋能研究，为政策制定提供理论支撑； 建立跨区域联合执法机制与"一键式"维权响应平台，实现侵权线索"一地受理、同步移交、属地查处"， 共享预审员资源、确权案件信息及重点产业专利数据库，为重点产业提供快速预审、确权和维权的"一 站式"服务； 基于四市产业特色（如武汉"光芯屏端网"、长沙工程机械、合肥人工智能、南昌电子信息），定制创新 图谱和风险预警服务，联合实施产业专利导航工程，推动数据知识产权登记、评估与交易规则探索，促 进从实验室到产业链的转化。 长江中游城市群正抱团冲刺中国经济"第五极"。 第一财经记者梳理公开资料发现，截至今年12月，长江中游城市群已在交通物流、科技创新、医疗健 康、警务安全等领域成立多个联盟组织。 在科技创新领域，长江中游城市群已相继成立科技成果转化联盟、鄂湘赣三省大学科技园联盟、科技服 务联盟、鄂皖赣无线电产业联盟等区域联动合作组织。其中， ...

Core Viewpoint - The Yangtze River Middle Reaches Urban Agglomeration is striving to become the "fifth pole" of China's economy through collaborative efforts in various sectors such as transportation, technology innovation, healthcare, and public safety [2][4]. Group 1: Intellectual Property and Innovation - In the past five years, the Yangtze River Middle Reaches Urban Agglomeration has achieved over 337,500 effective invention patents [1][5]. - A cooperation agreement was signed among the intellectual property offices of Wuhan, Changsha, Nanchang, and Hefei to establish a collaborative development framework for intellectual property protection [2]. - The agreement includes the creation of a strategic research base for intellectual property, a cross-regional enforcement mechanism, and a one-stop service for patent pre-examination and rights protection [2]. Group 2: Transportation and Logistics - A multi-modal transport enterprise alliance was established to enhance collaboration among key ports and logistics companies, aiming to improve shipping efficiency and reduce logistics costs [3]. - The alliance will focus on tailored logistics solutions for key industries such as automotive, chemicals, and grain, promoting a modernized port cluster [3]. - Future plans include optimizing intercity container services and creating a "water bus" network to facilitate better connectivity among ports [3]. Group 3: Regional Economic Development - The Yangtze River Middle Reaches Urban Agglomeration spans Hubei, Hunan, and Jiangxi provinces, contributing over 12 trillion yuan to the national economy, with GDP expected to exceed 14 trillion yuan this year [5]. - The region is characterized by a multi-center, multi-level spatial structure that supports collaborative development among cities, enhancing its position in the national economic landscape [5]. - The agglomeration is expected to develop new growth poles in advanced manufacturing, green energy, and modern logistics, further strengthening its innovation capabilities [5].

Group 1: Macroeconomic Policy and Domestic Market - The core macroeconomic policy emphasizes a more proactive approach, focusing on quality and efficiency as key development themes, with the "Eight Persistences" as critical directives for economic work in the first year of the 14th Five-Year Plan [1] - Domestic demand has become the main driver of economic growth, contributing an average of 93.1% to economic growth from 2013 to 2024, highlighting the importance of a strong domestic market as a long-term strategy [2][3] Group 2: Innovation and New Growth Drivers - The necessity of innovation-driven growth is underscored, as new momentum is essential for future development and competitive positioning, requiring a systemic reshaping of production factors and business models [4][5] - The development of new momentum must support both high-end industries and traditional industry upgrades, creating high-quality employment and meeting the needs of the populace [5] Group 3: Reform and High-Quality Development - Continuous reform is essential to inject vitality into high-quality development, addressing deep-seated issues that have emerged due to changing development stages [6][7] - Emphasis on technological innovation as a key driver for high-quality development, necessitating a deep integration of innovation systems and breaking down institutional barriers [7] Group 4: Open Economy and International Cooperation - China aims for a higher level of openness, promoting multi-faceted cooperation to adapt to global economic changes and challenges, emphasizing the importance of collaborative networks in various fields [8][9] - The need for innovative cooperation mechanisms to address challenges posed by protectionism and geopolitical tensions is highlighted, focusing on quality and resilience in partnerships [9] Group 5: Coordinated Development and Urban-Rural Integration - The strategy of promoting coordinated development aims to address the growing disparities between urban and rural areas, emphasizing the need for a balanced and inclusive development approach [10][11] - Regional integration strategies like the Beijing-Tianjin-Hebei collaboration and the Yangtze River Economic Belt are examples of efforts to optimize resource allocation and promote high-quality regional economic layouts [11] Group 6: Green Transformation and Carbon Neutrality - The commitment to achieving carbon peak by 2030 and carbon neutrality by 2060 reflects China's responsibility in global climate governance and the need for a comprehensive green transformation [12][13] - Innovation is identified as the core engine for achieving carbon goals, requiring advancements in renewable energy, energy efficiency, and the establishment of supportive institutional frameworks [14] Group 7: Focus on People's Livelihood - The emphasis on prioritizing people's livelihoods reflects the increasing complexity of public demands, necessitating a responsive governance approach that addresses specific community needs [15][16] - Establishing long-term mechanisms to ensure sustainable improvements in public welfare is crucial, with a focus on resource allocation and social governance [16] Group 8: Risk Management - The need to manage risks in key areas such as real estate and local debt is highlighted, with a focus on maintaining stability while actively addressing potential threats [17][18] - A balanced approach to risk management is essential, combining immediate responses with long-term structural improvements to foster sustainable development [18]