中国经济已步入存量经济主导的时代。一方面，我国经济体量大，"中国已成大象，不可能再躲在树后"，国际 经贸斗争对优化存量、争取增量提出了更高要求；另一方面，多年来的经济发展也累积了一定规模的债务，增 量债务可能面临边际效益递减，存量债务也可能不像"船小好调头"。"十五五"规划建议已经擘画了五年的发展 蓝图，近期落幕的中央经济工作会议又将对2026年的经济发展提出哪些具体指示要求？本文试作分析。 大国关系成为影响经济重要变量 ——以苦练内功开展"经贸斗争" 这次中央经济工作会议提出"外部环境变化的影响加深"，相比去年末的会议，没有再提 "不利影响加深" ，说 明面对加征关税、高科技封锁等外部压力，我国已经更有信心去应对，并有能力化不利为有利，主动运筹国际 空间、塑造外部环境的诸多有利因素。 中央经济工作会议在总结经济工作规律性认识中提出，必须以苦练内功来应对外部挑战，对于明年的工作提 出"坚持稳中求进工作总基调，更好统筹国内经济工作和 国际经贸斗争 ，更好统筹发展和安全"要求。"坚持稳 中求进工作总基调"是多年来始终坚持的经济工作重要原则，"更好统筹发展和安全"是树牢底线思维，那么"更 好统筹国内经济工作和国际经 ...

专题：中央经济工作会议在北京举行 业内机构解读 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 来源：李迅雷金融与投资 中国经济已步入存量经济主导的时代。一方面，我国经济体量大，"中国已成大象，不可能再躲在树 后"，国际经贸斗争对优化存量、争取增量提出了更高要求；另一方面，多年来的经济发展也累积了一 定规模的债务，增量债务可能面临边际效益递减，存量债务也可能不像"船小好调头"。"十五五"规划建 议已经擘画了五年的发展蓝图，今天落幕的中央经济工作会议又将对2026年的经济发展提出哪些具体指 示要求？本文试作分析。 大国关系成为影响经济重要变量 ——以苦练内功开展"经贸斗争" 这次中央经济工作会议提出"外部环境变化的影响加深"，相比去年末的会议，没有再提"不利影响加 深"，说明面对加征关税、高科技封锁等外部压力，我国已经更有信心去应对，并有能力化不利为有 利，主动运筹国际空间、塑造外部环境的诸多有利因素。 中央经济工作会议在总结经济工作规律性认识中提出，必须以苦练内功来应对外部挑战，对于明年的工 作提出"坚持稳中求进工作总基调，更好统筹国内经济工作和国际经贸斗争，更好统筹发展和安全"要 ...

李迅雷 | 立方大家谈专栏作者 中国经济已步入存量经济主导的时代。一方面，我国经济体量大，"中国已成大象，不可能再躲在树后"，国际经贸斗争对优化存量、争取增量提出了更高要 求；另一方面，多年来的经济发展也累积了一定规模的债务，增量债务可能面临边际效益递减，存量债务也可能不像"船小好调头"。"十五五"规划建议已经 擘画了五年的发展蓝图，今天落幕的中央经济工作会议又将对2026年的经济发展提出哪些具体指示要求？本文试作分析。 大国关系成为影响经济重要变量 ——以苦练内功开展"经贸斗争" 这次中央经济工作会议提出"外部环境变化的影响加深"，相比去年末的会议，没有再提"不利影响加深"，说明面对加征关税、高科技封锁等外部压力，我国 已经更有信心去应对，并有能力化不利为有利，主动运筹国际空间、塑造外部环境的诸多有利因素。 中央经济工作会议在总结经济工作规律性认识中提出，必须以苦练内功来应对外部挑战，对于明年的工作提出"坚持稳中求进工作总基调，更好统筹国内经 济工作和国际经贸斗争，更好统筹发展和安全"要求。"坚持稳中求进工作总基调"是多年来始终坚持的经济工作重要原则，"更好统筹发展和安全"是树牢底 线思维，那么"更好统筹国 ...

（转载请注明出处：微信公众号 lixunlei0722 ） 中国经济已步入存量经济主导的时代。一方面，我国经济体量大，"中国已成大象，不可能再躲在树后"，国际 经贸斗争对优化存量、争取增量提出了更高要求；另一方面，多年来的经济发展也累积了一定规模的债务，增 量债务可能面临边际效益递减，存量债务也可能不像"船小好调头"。"十五五"规划建议已经擘画了五年的发展 蓝图，今天落幕的中央经济工作会议又将对2026年的经济发展提出哪些具体指示要求？本文试作分析。 大国关系成为影响经济重要变量 ——以苦练内功开展"经贸斗争" 这次中央经济工作会议提出"外部环境变化的影响加深"，相比去年末的会议，没有再提" 不利影响加深 "，说明面对加征关税、高科技封锁等外部压力，我国已经更有信心去应对，并有能力化不利为有利， 主动运筹国际空间、塑造外部环境的诸多有利因素。 中央经济工作会议在总结经济工作规律性认识中提出，必须以苦练内功来应对外部挑战，对于明年的工 作提出"坚持稳中求进工作总基调，更好统筹国内经济工作和 国际经贸斗争 ，更好统筹发展和安全"要 求。"坚持稳中求进工作总基调"是多年来始终坚持的经济工作重要原则，"更好统筹发展和 ...

Group 1 - The main forum gathers prominent guests from institutions like the Chinese Academy of Social Sciences and the China Financial Forty Forum, focusing on insights into the US-China economy and major power relations [2] - Nearly 30 sub-forums cover hot topics such as humanoid robots, AI ecosystem, automotive extensions, new energy, new consumption, real estate chain, and innovative pharmaceuticals, featuring a comprehensive research lineup and senior industry experts to analyze industry trends [3] - The event will take place from November 4-6 at the China Grand Hotel in Beijing [4] Group 2 - Over 800 listed companies will participate, with more than 1,000 small-scale exchanges covering over 40 industries, providing a comprehensive, high-quality, and efficient communication platform for professional institutions [5] - Multiple specialized forums will be set up by various departments, including policy and industry research institutes, sales departments, futures research institutes, margin financing departments, and asset allocation departments, creating a one-stop communication and dialogue platform [6] - High-end dialogues between domestic and foreign investors will be specially arranged, with several international relations experts decoding the political and economic landscape of key regions such as US-China, China-Europe, Middle East, and Africa [8] Group 3 - A total forum live broadcast will be presented on Junhong APP and Daohuo APP, led by chief analysts in macro and strategy research, forecasting investment strategies for 2026 [10]

Group 1 - The 12th Beijing Xiangshan Forum will be held from September 17 to 19, focusing on "Safeguarding International Order and Promoting Peaceful Development" [1][2] - Over 100 countries' defense departments and military leaders, including representatives from Russia, Germany, France, Ukraine, and the United States, have confirmed attendance, indicating a broad and inclusive representation [2][3] - The forum will feature four plenary sessions and eight parallel sessions discussing topics such as global security governance, strategic trust in the Asia-Pacific region, and the impact of emerging technologies on international security [1][2] Group 2 - The forum coincides with the 80th anniversary of the victory in the World Anti-Fascist War and the establishment of the United Nations, highlighting China's role as a builder of peace and contributor to global development [4] - The international influence of the Beijing Xiangshan Forum is increasing, with a particular focus on major power relations, especially between China and the United States [3][4] - The forum will also include a defense technology exhibition, emphasizing the theme "Peaceful Use of Technology, Technology Safeguarding Peace," aligning with the forum's values [2]

Group 1 - The 12th Beijing Xiangshan Forum will be held from September 17 to 19, focusing on "Safeguarding International Order and Promoting Peaceful Development" [1][2] - Over 100 countries, including Russia, Germany, France, Ukraine, and the United States, will have defense department leaders and representatives from international and regional organizations attending [2][3] - The forum will feature four plenary sessions discussing global security governance, strategic trust in the Asia-Pacific, post-war international order, and regional peace through dialogue [1][2] Group 2 - The representation at this year's forum includes a significant increase in former military and political leaders, as well as renowned experts, enhancing its inclusivity and balance [2] - A concurrent exhibition on defense technology will take place, themed "Peaceful Use of Technology, Technology Safeguarding Peace," aligning with the forum's values [2] - The forum is expected to address the evolving dynamics of major power relations, particularly the U.S.-China relationship, which remains a focal point of media attention [3][4] Group 3 - The forum's agenda is influenced by significant historical milestones, such as the 80th anniversary of the victory in the Anti-Japanese War and the establishment of the United Nations [4] - The development of China's military capabilities is anticipated to enhance international confidence in China's role as a contributor to global peace and stability [4]

Group 1 - The article discusses the ongoing tensions between the U.S. and Europe regarding defense spending, with U.S. Defense Secretary Lloyd Austin urging European nations to increase their military budgets [1][3] - EU's High Representative for Foreign Affairs, Josep Borrell, responded to U.S. criticisms by emphasizing the importance of the transatlantic relationship and suggesting that the U.S. approach is one of "tough love" [1][3] - There are internal disagreements within Europe about military spending, but some EU members recognize the need for increased defense investment [3][4] Group 2 - The article highlights the EU's shift towards a stronger defense posture, aiming for a "peace plan backed by strong defense" and positioning itself as a global security partner [3][4] - Karas pointed out that European security is closely linked to security in the Indo-Pacific region, countering Austin's focus on U.S. interests in that area [3][4] - The EU is also concerned about China's economic influence and its role in the Russia-Ukraine conflict, indicating a desire to establish partnerships in the Indo-Pacific that align with its interests [4][5] Group 3 - The article notes that there are divisions within the EU regarding how to handle relations with China, with some leaders seeking closer ties while others express concerns [5][6] - Karas mentioned the need for the EU to reflect on its approach to China, as internal disagreements could weaken its stance [5][6] - The EU plans to hold a meeting among foreign ministers to establish a unified position on China, indicating ongoing strategic discussions [6]