Core Viewpoint - The meeting between Zhu Huarong, the new chairman of Changan Automobile Group, and Ren Zhengfei, founder of Huawei, symbolizes the collaboration and mutual learning between state-owned enterprises (SOEs) and private enterprises in China, emphasizing the importance of their synergistic development for building a strong automotive nation [2][3]. Group 1: Collaboration between Companies - Changan Automobile Group and Huawei are collaborating on the development of smart driving technologies and intelligent cockpit components, with Changan and CATL being the primary shareholders of Avita, a company focused on future mobility [3]. - The cooperation between SOEs and private enterprises is expected to generate significant energy and support for Changan's mission to build a strong automotive industry [3]. Group 2: Policy and Reform - The recent decisions from the 20th Central Committee emphasize the need for complementary advantages between different ownership structures, promoting the establishment of systems that facilitate collaboration between SOEs and private enterprises [3][4]. - Mixed-ownership reform is highlighted as a key direction to enhance capital integration and promote healthy development among various types of capital, while ensuring the leading role of state capital [4]. Group 3: Entrepreneurial Spirit - The exchange of ideas between SOEs and private enterprises is crucial, with the entrepreneurial spirit being a vital factor in the rapid development of the private economy since the reform and opening-up [5]. - The entrepreneurial spirit encompasses innovation, risk-taking, and the pursuit of new technologies and business models, which are essential for both SOE leaders and private entrepreneurs [5].

Core Viewpoint - The meeting between Zhu Huarong, the new chairman of Changan Automobile Group, and Ren Zhengfei, founder of Huawei, symbolizes the potential for collaboration and mutual learning between state-owned enterprises (SOEs) and private enterprises in China, emphasizing the importance of both sectors in driving high-quality development and modernization [2][3]. Group 1: Collaboration between SOEs and Private Enterprises - Changan Automobile Group, a newly established SOE, aims to build a strong automotive industry in China, while Huawei represents a leading private enterprise, showcasing the significance of cooperation between these two sectors [2][3]. - The collaboration between Changan, Huawei, and the new brand Avita focuses on future mobility, with Huawei providing smart driving algorithms and intelligent cockpit components, which could significantly enhance Changan's capabilities [3]. - The 20th National Congress of the Communist Party of China emphasizes the need for SOEs and private enterprises to complement each other's advantages and foster a collaborative environment, which includes establishing supportive institutional frameworks [3][4]. Group 2: Entrepreneurial Spirit and Innovation - The article highlights the importance of entrepreneurial spirit in both SOEs and private enterprises, which includes innovation, risk-taking, and the pursuit of new technologies and business models [4]. - The call for promoting entrepreneurial spirit aligns with the goal of building world-class enterprises through reform and fair competition, indicating that both sectors can learn from each other’s strengths [4]. - The resilience and vitality of private enterprises, despite challenges, demonstrate the potential for dynamic collaboration and innovation when combined with the resources and stability of SOEs [4].

Core Insights - The meeting between Zhu Huaron, the new chairman of Changan Automobile Group, and Ren Zhengfei, founder of Huawei, symbolizes the collaboration between state-owned enterprises (SOEs) and private enterprises in China, highlighting the importance of mutual learning and cooperation in the automotive industry [1][2]. Group 1: Collaboration and Innovation - Changan Automobile Group and Huawei are exploring cooperation in the fields of smart driving algorithms and intelligent cockpit components, with Changan and CATL being the primary shareholders of Avita, a company focused on future mobility [2]. - The collaboration aims to leverage the strengths of both SOEs and private enterprises, potentially generating significant energy to support the mission of building a strong automotive nation [2]. Group 2: Policy and Reform - The recent decisions from the 20th Central Committee emphasize the need for complementary advantages between different ownership structures, promoting mixed-ownership reform to enhance capital integration and healthy development [2]. - The focus is on establishing rules that facilitate collaboration between SOEs and private enterprises while removing barriers that hinder such cooperation [2]. Group 3: Entrepreneurial Spirit - The exchange of ideas between SOEs and private enterprises is crucial, with the entrepreneurial spirit being a key factor in driving innovation and competitiveness [3]. - The emphasis on entrepreneurial qualities such as perseverance, innovation, and risk-taking is essential for both SOE leaders and private entrepreneurs to foster technological and business model advancements [3]. - The resilience and vitality of private enterprises, even after facing challenges, highlight the potential for collaboration and mutual learning between different types of enterprises [3].

Core Viewpoint - The interaction between state-owned enterprises (SOEs) and private enterprises (PEs) represents a significant opportunity for mutual learning and collaboration, which can enhance the overall competitiveness of the automotive industry in China [1][2][3] Group 1: Collaboration between SOEs and PEs - The meeting between Zhu Huarong, Chairman of Changan Automobile Group, and Ren Zhengfei, founder of Huawei, symbolizes the potential for collaboration between SOEs and PEs, focusing on industry competition and future market dynamics [1] - Changan Automobile Group, as a newly established SOE, aims to contribute to building a strong automotive nation, while Huawei, a leading PE, offers valuable insights and support for Changan's brands, including Avita [2] - The collaboration is expected to leverage the strengths of both parties, particularly in the areas of smart driving algorithms and intelligent cockpit components, which will significantly benefit Changan's mission [2] Group 2: Policy and Reform Directions - The recent decisions from the 20th Central Committee emphasize the importance of promoting complementary advantages between different ownership structures, aiming to eliminate barriers to SOE and PE collaboration [2] - Mixed-ownership reform is highlighted as a key direction to enhance capital integration and promote healthy development among various types of capital, ensuring that market factors are considered alongside state capital [2] Group 3: Entrepreneurial Spirit - The exchange of ideas between SOEs and PEs is crucial, with the entrepreneurial spirit being a vital component for driving innovation and competitiveness in the market [3] - The emphasis on fostering an entrepreneurial spirit among all types of enterprises is aimed at accelerating the development of world-class companies through innovation and fair competition [3] - The resilience and vitality of PEs, even after facing challenges, underscore the importance of vision, strategy, wisdom, and passion in driving growth and innovation [3]

本报（chinatimes.net.cn）记者张智 北京报道 春江水暖鸭先知。 作为微观主体，企业对宏观经济的感受最直接、反应最灵敏。时至年中，从部委到地方都在召开企业座 谈会，聆听企业的声音。 7月24日，国务院总理李强在北京人民大会堂同欧盟委员会主席冯德莱恩共同出席中欧企业家座谈会， 听取中欧双方企业代表发言；7月23日，国家发展改革委主任郑栅洁主持召开企业座谈会，围绕科学编 制"十五五"规划，听取关于国企民企协同发展的意见建议。 在地方，包括湖北、辽宁在内的多个省份也均已召开了企业座谈会。 "通过与企业家座谈，对企业发展问题进行摸底，能充分了解当前企业面临的问题，为下一步针对性政 策打下了良好基础。"中央财经大学国际经济与贸易学院副教授刘春生在解读会议时对《华夏时报》等 媒体记者表示。 两月两次座谈会聆听声音 据了解，7月24日的会议已经是发改委近期召开的第二次企业家座谈会。 本次座谈会上，内蒙古自治区蒙泰集团、河南省洛阳栾川钼业集团、山东省潍柴动力、天津市天士力大 健康产业投资集团、上海市概伦电子等企业负责人参加座谈会。这既包含传统能源企业，也包括当下最 热门的未来产业。 其中，蒙泰集团是一家业务广泛 ...

每日市场观察 2025 年 7 月 24 日 【今日关注】 周三两市互有涨跌，幅度不大，成交额 1.9 万亿，比上一交易日小幅减 少约 300 亿。行业多数下跌，非银、家电、银行等行业小幅上涨，建材、 军工、机械、电力设备等行业跌幅居前。 盘面解读 大金融和权重半导体上涨，抵消了其他行业的下跌影响，使得指数虽有 震荡，但跌幅不大。全 A 指数和沪指仍保持强势特征，而成交量保持在 1.9 万亿的较高水平，表明市场仍然维持着较高的活跃度。从行业上看， 前两日快速上涨的建材建筑等品种下跌幅度稍大，而其他行业普遍跌幅 并不算大，即便跌幅最强的军工行业指数，其上行的技术形态并未遭到 明显破坏。总体看，周三的震荡是对前期市场上涨的消化，对此并不值 得过多忧虑。 机会挖掘 银行证券保险整体表现较为强势。对于正在加大布局力度的长线资金来 说，高股息性质的大金融板块仍具有相当吸引力，因而其进一步调整的 空间应该有限。在市场整体风险偏好提升情况下，前期滞涨的低位板块， 比如半导体可作为短线关注的重点方向。 【市场回顾】 市场概况：7 月 23 日，市场全天冲高回落，沪指 3600 点得而复失。截 至收盘，沪指涨 0.01%，深成 ...

Report Industry Investment Rating - Not provided in the given content Core Viewpoints - The National Development and Reform Commission will improve the institutional mechanism for the coordinated development of state - owned and private enterprises to enhance economic vitality and industrial competitiveness [2] - As of the end of June, the cumulative installed power generation capacity in China reached 3.65 billion kilowatts, with significant growth in solar and wind power, while the average utilization hours of power generation equipment decreased [2] - Chinese Vice - Premier He Lifeng will go to Sweden from July 27th to 30th to hold economic and trade talks with the US, aiming to continue consultations on economic and trade issues [3] Section Summaries Hot News - On July 23rd, the National Development and Reform Commission held a corporate symposium on the coordinated development of state - owned and private enterprises [2] - As of the end of June, the cumulative installed power generation capacity in China was 3.65 billion kilowatts, solar power was 1.1 billion kilowatts, and wind power was 0.57 billion kilowatts [2] - He Lifeng will hold economic and trade talks with the US in Sweden from July 27th to 30th [3] - Trump's claim that reducing short - term interest rates would save $1 trillion in annual interest expenses is unlikely to be true [3] - US House Speaker Johnson is disappointed with Fed Chairman Powell, and he is unclear about the legal power to remove the Fed Chairman [3] Plate Performance - Key focus: Coking coal, soda ash, coke, methanol, pulp [4] - Night - session performance: Non - metallic building materials rose 2.55%, precious metals 29.66%, oilseeds 12.09%, etc. [4] Plate Positions - The document shows the position changes of commodity futures plates in the past five days, but specific data are not summarized here [5] Performance of Major Asset Classes - Equity: The Shanghai Composite Index rose 0.01% daily, 4.00% monthly, and 6.88% annually; the Hang Seng Index rose 1.62% daily, 6.09% monthly, and 27.31% annually, etc. [6] - Fixed - income: 10 - year treasury bond futures fell 0.11% daily, 0.34% monthly, and 0.37% annually [6] - Commodity: The CRB commodity index rose 0.02% daily, 2.21% monthly, and 2.40% annually; London spot gold fell 1.30% daily, rose 2.56% monthly, and 29.06% annually [6] - Others: The US dollar index fell 0.15% daily, rose 0.45% monthly, and fell 10.40% annually; the CBOE volatility index was flat daily, fell 1.37% monthly, and 4.90% annually [6]

郑栅洁表示，国家发展改革委将认真贯彻党中央、国务院决策部署，坚持和落实"两个毫不动摇"，积极 采取务实有效措施，健全国企民企协同发展的体制机制，推动整治"内卷式"竞争、拓展产业链供应链合 作、促进科技创新、完善公司治理和国际化经营服务等，促进各种所有制经济优势互补、共同发展，进 一步增强经济发展活力和产业竞争力。同时，将坚持和完善政企常态化沟通交流机制，全力帮助民营企 业解决实际困难，促进民营经济健康发展、高质量发展。 记者注意到，对于整治"内卷式"竞争，近期多部门持续释放明确信号。7月3日，工业和信息化部召开光 伏行业制造业企业座谈会，要求聚焦重点难点，依法依规、综合治理光伏行业低价无序竞争，引导企业 提升产品品质，推动落后产能有序退出，实现健康可持续发展。6月27日，市场监管总局曝光一批"内卷 式"竞争严重违法失信名单，旨在通过公开曝光震慑导致"内卷式"竞争的不法行为，营造良好市场秩 序。 近日，国家发展改革委党组发文表示，综合整治"内卷式"竞争，支持企业通过科技创新提高产品质量和 核心竞争力，加力破除地方保护和市场分割，通过优化产业布局、强化标准引领、推进整合重组等方 式，出清无效低效产能，巩固和扩大领 ...

2、公安机关将会同有关部门进一步加强"智能驾驶"规范管理，市场上销售的汽车所搭载的"智驾"系 统，都还没有实现"自动驾驶"的目标，驾驶人才是最终责任主体。 智通财经7月23日晚间新闻精选 1、商务部：国务院副总理何立峰将于7月27日至30日赴瑞典与美方举行经贸会谈。 4、广期所公告，调整工业硅、多晶硅、碳酸锂期货相关合约的涨跌停板幅度、交易保证金标准、交易 手续费标准和交易限额。 5、三连板华新水泥：能否取得"雅鲁藏布江下游水电站建设"相关业务收入存在不确定性。3连板ST西 发：公司主营业务为啤酒的生产及销售 不涉及水电站建设相关项目。3连板韩建河山：PCCP的销售合 同主要通过投标方式取得 存在投标而不能中标的风险。 3、国家发改委主持召开企业座谈会，健全国企民企协同发展的体制机制，推动整治内卷式竞争、拓展 产业链供应链合作等。 ...

【国内要闻】 ·商务部新闻发言人就中美瑞典经贸会谈答记者问时表示，经中美双方商定，中共中央政治局委员、国 务院副总理何立峰将于7月27日至30日赴瑞典与美方举行经贸会谈。中美双方将按照两国元首6月5日通 话重要共识，发挥好中美经贸磋商机制作用，本着相互尊重、和平共处、合作共赢的原则，继续就彼此 关心的经贸问题开展磋商。 ·据商务部，7月22日，商务部部长王文涛与欧盟委员会贸易和经济安全委员谢夫乔维奇举行视频会谈， 就中欧经贸合作及其重点问题进行了坦诚、深入的讨论，并就欧盟在第18轮对俄制裁中列单两家中国金 融机构进行严正交涉。 ·国家发展改革委副主任王昌林7月23日在国新办发布会上表示，关于海南自贸港封关的具体时间，经党 中央批准，定于2025年12月18日正式启动。封关不是封岛，而是要进一步扩大开放，促进海南自贸港高 质量发展。封关后，海南与国际的往来将更加顺畅自由，与内地的联系将保持便捷高效。按照现阶段的 封关制度设计，除部分货物从海南自贸港进入内地需要接受查验外，大多数货物以及所有的人员、物 品、交通运输工具等进出海南岛，仍按现行规定管理，封关前后没有变化。大家到海南出差、旅游等， 都和现在一样，不需要 ...