Domestic Developments - The Ministry of Finance and the State Administration of Taxation issued a temporary measure for input tax deductions on long-term assets, establishing a threshold of 5 million yuan for differentiated deductions, aimed at supporting high-quality economic development[1] - The "2026 Spring Festival Consumption Promotion Plan" was launched, focusing on six areas to stimulate consumer activity during the holiday, with 62.5 billion yuan allocated for subsidies to enhance consumption[1] - The Central Committee's No. 1 Document for 2026 emphasizes long-term agricultural modernization, marking a shift towards sustainable rural development and food security[1] International Market Trends - International gold prices plummeted to approximately $4,404.57 per ounce, with silver prices dropping over 12%, driven by policy expectations and profit-taking[2] - The U.S. ISM Manufacturing PMI rose to 52.6 in January, indicating a return to expansion, while ADP employment data showed a disappointing increase of only 22,000 jobs, below expectations[2] - Geopolitical tensions escalated between the U.S. and Iran, impacting oil prices, with Brent crude rising nearly 2.4% due to increased regional risks[2] Commodity Price Movements - Brent crude oil, iron ore, and copper prices decreased by 1.46%, 1.16%, and 1.76% respectively week-on-week[4] - Domestic prices for polysilicon increased by 0.31%, while lithium iron phosphate and lithium carbonate prices fell by 3.14% and 11.38% respectively[4] - The DXI index for storage DRAM prices rose by 2.19%, indicating a positive trend in the midstream sector[4]