（来源：乌兰察布财政） 这一年,我们以"忠诚"为笔,绘就政治坚定 的底色。始终将党的政治建设摆在首位,持续深化 理论武装,严格落实"第一议题"制度,推动党的 are star and and and and and and sent to the server the series to the series to the series to the series to the series to the series to the series the sent to the sent to t 的刺珪ん八脳ハヅ、 九1丁九Ｘ。 玖门王次贝1所 六 党中央、自治区和市委、市政府各项决策部署，扎 实开展深入贯彻中央八项规定精神学习教育,将 "两个维护"融入财政工作全过程,确保财政事业 始终沿着正确航向破浪前行。党建引领更加有力， 基层党组织堡垒更加坚固,第一党支部荣获自治区 坚强堡垒"模范"支部殊荣。 这一年,我们以"实干"为犁,深耕财源建设 的沃土。面对经济下行压力,我们迎难而上,精耕 细作,一般公共预算收入增幅位居全区前列,税收 质量保持稳定优良。向上争取资金成果丰硕,新增 债券、超长期特别国债等政策性资 ...

来源：上海证券报·中国证券网 2025年已经圆满收官。回顾全年资本市场，在震荡与机遇的交织中，走出了一条清晰的慢牛上行轨迹。 权益市场多点开花，核心指数悉数飘红，截至12月31日，上证指数全年累计上涨18.41%，深证成指涨 幅达29.87%，创业板指劲升49.57%，科创综指亦录得46.30%的亮眼涨幅。债券市场则呈现N型震荡格 局，10年期国债收益率全年运行于1.6%—1.9%区间。 岁末已至，2026年的市场大幕即将拉开。新一年市场将如何演绎？又有哪些核心主线值得布局？鑫元基 金为您深度展望！ 【鑫元基金市场研究部】 2025年，A股市场在政策驱动与流动性充裕的双重作用下，整体呈现出震荡上行的格局。年初，随 着"9·24"政策组合拳的出台，市场信心得到显著提振，A股从低位开启了一轮强劲反弹。二季度初，市 场由于地缘政治因素出现一定快速调整后，整体趋势依然向上。全年来看，A股主要指数均实现正收 益，结构性机会层出不穷。 从市场驱动因素看，2025年A股的上涨主要由估值修复和资金推动所驱动。一方面，经历前期调整后， A股整体估值处于历史低位，政策利好催生了显著的估值重估行情。另一方面，充裕的流动性为市场提 ...

"同学们，'十五五'规划建议将'加快高水平科技自立自强，引领发展新质生产力'作为战略任务进行部 署。"武汉大学的一场宣讲活动现场，机器人学院执行院长肖晓晖说，"机器人是新质生产力的代表，也 是AI赋能实体经济的核心载体，产业前景广、人才需求大，同学们所学正是踏着国家发展的鼓点，希 望你们不断磨砺本领，为国家的大事业添砖加瓦。" 针对高校师生，聚焦"新质生产力""青年担当"；面向企业职工，突出"产业链升级""安全发展"；回应群 众关切，紧扣"乡村振兴""共同富裕"……湖北的宣讲活动既阐释"国之大者"，又讲透"省之要事"，引导 广大干部群众找到落实全会精神的抓手，将全会精神转化为推动事业发展的动力。 近日，河南、湖北、西藏、宁夏等地的宣讲团进学校、到集市、赴社区，开展对象化、分众化、互动化 宣讲活动，将政策理论化为乡音土语中的生动实践，让宣讲活动真正"声"入人心。 河南发挥"百姓宣讲员""青年理论宣讲专家""宣讲达人"等特色宣讲队伍作用，灵活运用"田埂讲堂""小院 课堂""流动党校"等形式，广泛开展接地气、受欢迎的宣讲活动1.2万余场次，受众100余万人次。 在宁夏银川市金凤区安居苑社区丽园小区的"罐罐茶议事吧" ...

Core Viewpoint - The articles emphasize the importance of balancing development and security, highlighting that both are essential for sustainable economic and social progress [1][2]. Group 1: Development and Security - The 11th Plenary Session of the Municipal Party Committee emphasizes the need to advance safety and stability to ensure high-quality development [1]. - The 20th Central Committee's Fourth Plenary Session stresses the principle of "coordinating development and security" as crucial for the 15th Five-Year Plan, indicating a strategic focus on integrating safety into development [1][2]. - Development and security are described as two interdependent aspects, where security is a prerequisite for development, and development provides solutions to many security issues [1]. Group 2: Risk Management - The articles highlight that the 15th Five-Year period is a critical time for addressing risks and challenges while seizing development opportunities [2]. - There is a call for enhancing national security systems and capabilities, particularly in key areas, to maintain production and social safety [2]. - The importance of proactive risk awareness and comprehensive problem-solving measures is emphasized to ensure steady economic and social development [2].

（来源：衢州日报） 转自：衢州日报 发展与安全如同鸟之两翼、车之双轮，相辅相成、不可分割。安全是"1"，其他是后面的"0"，只 有"1"作保证，"0"才有意义。经过一年的艰苦努力，到了收获的时节，安全出了纰漏，所有汗水都将付 之东流。一手抓发展、一手抓安全，两手都要硬。个中道理无需多言，每个人都心中有数。 常言道，"千里之堤溃于蚁穴""针尖大的窟窿能漏过斗大的风"。世上因果相依，再小的问题也是因，并 对应必然的果。"防微"应是保安全的常态，却也是常被忽视之处。比如在一些小区里，因车位紧张，随 意占用消防通道的现象较为普遍。无灾无难时，这是一件平常小事，熟视无睹、视而不见，可真要出了 事，那就是人命关天的大事。在日常工作、生活中，类似小事小节都是安全漏洞，不能不防。 凡事都有一个由量变到质变的过程。追溯、反思每起安全事故，都能看见一条问题渐变的逻辑线。小洞 不补，大洞吃苦；小患不防，大患难当。小问题到大问题的渐变过程，就是人们常说的"温水煮青蛙"现 象。见怪不怪的"灰犀牛"，某一天变成了"大疯牛"，后果就不堪设想。比如在日常安全管理中，往往不 缺制度、规定，缺的是执行不够坚决、落实不够到位。"一万"的侥幸"避坑 ...

Core Viewpoint - The article emphasizes the importance of the 14th National Committee of the Chinese People's Political Consultative Conference's discussions on the "15th Five-Year Plan" and its focus on high-quality development, common prosperity, and security in the context of China's modernization efforts [1][6]. Group 1: High-Quality Development - The primary focus of the "15th Five-Year Plan" is to promote high-quality development, aiming for decisive progress in achieving Chinese-style modernization [1][4]. - High-quality development is highlighted as a key theme throughout the plan, with specific goals and principles emphasizing its importance [1][4]. - The plan outlines practical paths for achieving high-quality economic and social development across eight sections [1]. Group 2: Common Prosperity - The plan underscores the principle of putting people first and aims to enhance the overall well-being of the population, with a focus on common prosperity as a fundamental goal [4][5]. - Specific targets for reducing income disparities among different regions and between urban and rural residents are set, aiming for a more equitable distribution of wealth [5]. - The plan emphasizes the need to balance efficiency and fairness in the socialist market economy to promote common prosperity [5]. Group 3: Security and Development - The "15th Five-Year Plan" includes a strong emphasis on the integration of development and security, ensuring that modernization efforts are not disrupted by global changes or significant international events [6]. - It identifies the need to modernize the national security system and enhance the resilience of the economic and industrial systems [6]. - The plan addresses the challenges posed by changes in population structure and emphasizes the importance of stabilizing birth rates for long-term economic and social stability [6].

吴清强调，今年以来，A股市场总体活跃，市值从8月份开始突破100万亿元，实现了量的合理增长 和质的有效提升。证券机构是资本市场链接投融资各方最重要的桥梁，对市场功能完善和生态建设发挥 至关重要的作用。目前，证券公司总资产达到14.5万亿元，净资产约3.3万亿元，四年多来增长幅度分别 超过60%和40%，服务1200多家科技创新企业实现上市。证券行业结构不断优化，包括国泰海通合并等 标志性案例平稳推进，1+1>2的效果初步显现。中小机构聚焦细分赛道取得突破，向差异化、特色化发 展转型；外资机构加快境内业务布局，资本市场对外开放进一步推进，目前已有11家外资独资或控股公 司在华开展业务、展业兴业。 12月6日，在中国证券业协会第八次会员大会上，中国证监会主席吴清表示，安全发展是行业底 线，机构需强化合规风控意识，健全公司治理与员工管理刚性要求，明确权责边界，防范内部干预。加 强关联交易管理与合规教育，提升交易服务公平性，严防非法交易与扰乱市场秩序行为。重点关注融资 融券、场外业务等领域风险，以及信用、流动性、合规性等关键风险点，做到防患未然；对行业新业 态、新业务加强研判，及时回应市场关切。 吴清强调，行业机构需 ...

12月6日，在中国证券业协会第八次会员大会上，证监会主席吴清称，安全发展是行业底线，机构需强 化合规风控意识，健全公司治理与员工管理刚性要求，明确权责边界，防范内部干预。加强关联交易管 理与合规教育，提升交易服务公平性，严防非法交易与市场秩序扰乱行为。重点关注融资融券、场外业 务等领域风险，以及信用、流动性、合规性等关键风险点，做到防范未然；对行业新业态、新业务加强 研判，及时回应市场关切。 ...

2025年，我国经济呈现稳中有变、变中有机的态势，在曲折中显露向好趋势，为"十五五"规划的系统部 署奠定了坚实基础。一方面，居民消费从信心筑底走向温和改善，企业盈利压力逐步缓解、应收账款增 速明显回落，经济运行的微观根基持续巩固。另一方面，外部环境仍存不确定性，但海外扰动因素趋于 弱化，有助于稳定企业预期。同时，新阶段供给侧结构性改革的政策框架日益明晰，从"治乱点"向"提 效率"转变，改革的系统性增强为培育新动能打开了更广阔空间。 虽然经济总体向好，但宏观形势与微观主体恢复之间仍存在一定温差，这是经济结构调整期的典型表 现。过去数年，"内卷式"竞争、地方债务约束等因素共同导致经济循环一度受阻。针对这些结构性掣 肘，国家相继推出"反内卷"、账款清理、发展现代服务业、稳妥化解地方债务等一系列举措，着力疏通 堵点、修复循环、提振预期。随着政策持续显效，微观活力正在逐步恢复，经济具备进一步向好的基 础。在此背景下，2026年作为"十五五"规划的开局之年，其战略地位愈加凸显。开局之年不仅承担着稳 预期、强动能的任务，也关系到未来五年现代化建设的整体布局。要巩固恢复势头、增强增长后劲，改 革必须在更深层次、更宽领域同步推 ...

Core Viewpoint - The eighth Hongqiao International Economic Forum emphasizes the importance of open trade and security development in the context of global economic challenges, including protectionism and unilateralism [1][3]. Group 1: Forum Overview - The forum, held in Shanghai, gathered nearly 20 experts from academia, strategy, business, and think tanks to discuss building an open, inclusive, and balanced global trade system [1]. - The event included the release of a think tank research report titled "Pathways to Coexistence in Trade Security Development between China and the World by 2050" [1][10]. Group 2: Key Themes and Discussions - Open trade is highlighted as a means to build trust among different governments and systems, promoting shared prosperity [5]. - The report emphasizes that future trade security will involve not only national strategies but also micro-level enterprise survival and macro-level governance [10]. - Experts agree that China's ongoing high-level opening-up efforts provide a stable foundation for reconstructing the global economic order amidst rising uncertainties [25][31]. Group 3: Expert Insights - Michelle Umulenge from Rwanda stressed that open trade is a driving force for peace and development, supported by initiatives like the Belt and Road [5]. - Jeffrey Sachs criticized the U.S. protectionist policies, arguing they undermine multilateralism and global prosperity [8][29]. - Martin Jacques noted a shift in global narratives from economic growth to security priorities, influenced by Western countries' strategies against China [17]. Group 4: Future Directions - The report outlines a vision for 2050, proposing a "coexistence security" model as a core pathway for trade development [10]. - It calls for innovative rules and collaborative global governance to address trade security challenges [10]. - The discussions highlighted the need for countries to seek balance through openness amidst structural changes in globalization [23][32].