今日摘要 习近平总书记在二十届中央纪委五次全会上的重要讲话，在广大党员干部中引发热烈反响。大家表示， 将以习近平总书记重要讲话精神为指引，持之以恒推进全面从严治党，为"十五五"开好局、起好步提供 坚强保障。 美国与丹麦磋商格陵兰岛问题，双方仍然存在"根本性分歧"。 李强举行仪式欢迎加拿大总理访华。两国总理举行会谈。 赵乐际会见加拿大总理。 全国组织部长会议在京召开，蔡奇出席并讲话。 系列报道《权威访谈：开局"十五五"》今天专访商务部主要负责人。 2026年，我国将推出多项金融政策，支持实体经济高质量发展。 伊朗伊斯兰革命卫队称，保持最高战备状态。 内容速览 坚定不移把党的自我革命向纵深推进——习近平总书记在二十届中央纪委五次全会上的重要讲话引发热 烈反响 习近平总书记在二十届中央纪委五次全会上发表重要讲话，充分肯定过去一年全面从严治党取得的显著 成效，着眼基本实现社会主义现代化关键时期，对以更高标准、更实举措推进全面从严治党，为实 现"十五五"时期目标任务提供坚强保障作出战略部署。广大党员干部表示，将以习近平总书记重要讲话 精神为指引，持之以恒推进全面从严治党，为"十五五"开好局、起好步提供坚强保障。 李强举 ...

王文涛介绍，2025年前11个月，我国社会消费品零售总额同比增长4.0%，全年预计首次突破50万亿 元。如果用消费量来衡量，在多个重要领域和品类，我国已成为全球第一大市场。 央视网消息（新闻联播）："十五五"规划建议提出，建设强大国内市场，扩大高水平对外开放。"十五 五"开局之年，国家将如何提振消费、培育外贸新增长点、进一步推动高水平对外开放？来看总台记者 对商务部部长王文涛的专访。 今年，我国将聚焦交通、家政、演出、体育赛事等领域，积极培育服务消费新增长点；通过提升流通设 施、丰富消费场景等措施，激发下沉市场消费潜力；聚焦新赛道和线下实体，优化实施消费品以旧换新 政策。 王文涛表示，今年我国将积极扩大自主开放，推动产业链供应链合理有序跨境布局，建设性参与全球经 济治理。 今年，我国将统筹推进货物贸易、服务贸易、数字贸易，巩固拓展多元化市场，推动贸易平衡发展，大 力发展服务贸易。 王文涛介绍，2025年我国外贸顶压前行，展现出较强韧性。全年货物进出口首次突破45万亿元人民币， 预计将连续9年保持货物贸易第一大国。 ...

Group 1 - The 27th Peking University Guanghua New Year Forum will be held on January 17, 2026, with the theme "Demand-led Growth: Starting a New Journey for the 14th Five-Year Plan" [1][3] - The global economic landscape is evolving rapidly, and domestic development is entering a new phase, with the central economic work conference prioritizing "demand-led growth and building a strong domestic market" as the main task for 2026 [1][3] - The forum will focus on national strategic deployment, discussing new logic, new dynamics, new paths, and new ecosystems for building a strong domestic market, aiming to empower a steady start for the 14th Five-Year Plan through enhanced domestic demand [1][3]

Core Viewpoint - The series of articles by "Zhong Caiping" published in the People's Daily starting January 7 serves as a significant indicator of the government's economic strategy for 2026, emphasizing practical guidance for economic work and addressing key areas of focus [1][4]. Group 1: Articles Overview - The "Zhong Caiping" series consists of six articles covering themes such as tailored economic work, development towards new and superior standards, enhancing macroeconomic governance, promoting consumption and investment, improving livelihoods, and expanding openness [5]. - The articles aim to clarify the central government's strategic framework for the upcoming period, particularly in light of the recent Central Economic Work Conference's focus on 2026's key tasks [5][6]. Group 2: Economic Policy Insights - The article titled "Enhancing Policy Integration Effects" highlights a new emphasis on stabilizing economic growth and reasonable price recovery as key considerations for monetary policy, reflecting a shift in approach [8]. - The 2026 monetary policy is expected to maintain a moderately loose stance, focusing on high-quality economic development and reasonable price recovery, with a combination of total and structural policy tools to support demand and stabilize market expectations [9]. Group 3: Investment and Consumption Dynamics - The article "Coordinating Consumption and Investment" argues that investment and consumption are not mutually exclusive but rather mutually reinforcing, essential for achieving a growth target of around 5% in 2026 [10]. - Recent measures include the early release of a project list and central budget investment plan totaling 295 billion yuan, aimed at stabilizing investment and ensuring continuity in project execution [11]. Group 4: Real Estate Sector Outlook - The article "Promoting High-Quality Development in Real Estate" indicates that there remains significant potential in the real estate sector, with unmet housing demand among urban residents, suggesting a continued role as a pillar industry [12]. - The focus on improving livelihoods through real estate development is expected to stimulate substantial investment, with initiatives like affordable housing and urban infrastructure projects projected to generate nearly 2 trillion yuan in annual investment [12].

Core Viewpoint - The article emphasizes the importance of building a strong domestic market in China, focusing on "demand-led, consumption-driven, and endogenous growth" as a strategic choice to adapt to economic changes and enhance resilience against international challenges [1]. Group 1: Domestic Market Development - Building a strong domestic market is crucial for achieving high-quality development and requires addressing structural contradictions between consumption and investment [1][3]. - The current economic situation shows a significant imbalance characterized by strong supply and weak demand, particularly in consumer spending [3]. - The transformation of "Chinese manufacturing" and "Chinese consumption" is essential for unlocking the potential of the vast domestic market, with manufacturing accounting for nearly 30% of global output by 2024 [2]. Group 2: Consumption Trends - China's retail sales are projected to reach 48.3 trillion yuan in 2024, which is 2.4 times that of 2012, indicating rapid growth in consumer spending [2]. - The contribution of final consumption to economic growth is expected to be 44.5% in 2024, showing a decline compared to 2023, highlighting the need to boost consumer spending [3]. - The service consumption sector is becoming a key driver of economic growth, with its share of total consumption rising from 39.7% in 2013 to 46.1% in 2024 [5]. Group 3: Service Consumption Potential - Enhancing service consumption is vital for achieving a dynamic balance between supply and demand, with a potential increase in consumer spending of approximately 800 billion yuan for every 1% rise in the consumption rate [4]. - By 2030, service consumption is expected to exceed 50% of total consumption, contributing an additional 40 trillion yuan to consumer demand [6]. - The shift towards comprehensive, international, and intelligent service consumption is anticipated to drive innovation and transformation in various industries, including healthcare and tourism [6][7]. Group 4: Structural Reforms - Structural reforms are necessary to resolve the contradictions between investment and consumption, with a focus on "investing in people" to stimulate demand [9]. - Urbanization and equalization of basic public services are critical to addressing the lag in urbanization compared to industrialization, which could significantly boost consumer spending [10]. - The government plays a crucial role in facilitating economic transformation by optimizing the relationship between effective markets and proactive government policies [11].

Core Viewpoint - A strong domestic market is the strategic foundation for Chinese-style modernization, emphasizing the need for consumption-led growth and investment expansion to enhance the stability and growth of the domestic market [1] Group 1: Consumption and Investment Relationship - Coordinating consumption and investment is essential for building a robust domestic market, as they are interdependent and create a virtuous cycle [2] - Consumption represents final demand while investment addresses current demand and future supply, necessitating effective investment to meet consumer needs [2] - Investment plays a crucial role in economic growth, especially during rapid industrialization and urbanization phases, while consumption is becoming the dominant force for long-term economic health [2] Group 2: New Demand and Supply Dynamics - Investment should lead to new supply that meets emerging consumer demands, particularly in service-oriented and quality-focused sectors [3] - Increased investment in healthcare and other essential services is necessary to align with demographic changes and improve living standards [3] - Urbanization efforts must ensure that non-resident populations receive basic public services, enhancing housing supply and quality [3] Group 3: Innovation and New Consumption Scenarios - Investment should drive innovation in consumer products, particularly through advancements in artificial intelligence and smart technologies [4] - Expanding investment in new business models and consumer scenarios is vital for upgrading consumption and enhancing the shopping experience [4] - Creating favorable conditions for consumer potential involves removing unreasonable restrictions and promoting leisure time for residents [4] Group 4: Policy Support and Reform - Strengthening policies that enhance residents' income and consumption capabilities is critical, including implementing urban and rural income growth plans [5] - Coordinated policy efforts should optimize investment channels and enhance consumer-oriented policies to stimulate demand [5] - Reforms in regulatory frameworks are necessary to adapt to new consumption models and facilitate private sector participation in major projects [5]

Core Viewpoint - The article emphasizes the importance of coordinating consumption and investment to build a strong domestic market, which is seen as a strategic foundation for China's modernization [1][2]. Group 1: Consumption and Investment Relationship - Coordinating consumption and investment is essential for constructing a robust domestic market, as both are integral parts of a complete internal demand system and promote each other in a virtuous cycle [2]. - Consumption is the final demand, while investment serves as current demand and future supply; effective investment is necessary to meet consumer needs and enhance their purchasing power [2]. - Historical practices in China show that during rapid industrialization and urbanization, investment has played a crucial role in economic growth, and as income rises, consumption is becoming the dominant force in sustaining long-term economic health [2]. Group 2: New Demand and Supply Dynamics - The article advocates for leading new supply with new demand, urging investments in services and quality improvements to align with consumer trends towards service-oriented and quality-focused consumption [3]. - It highlights the need for increased investment in healthcare and other essential services, as well as in sectors like cultural tourism and green consumption, to foster innovation in consumption formats [3]. - Addressing demographic changes, the article calls for more infrastructure investment in elder care and childcare to meet the needs of aging and young populations [3]. Group 3: Policy Support and Reform - The article stresses the necessity of strong policy support and reforms to enhance both consumption and investment quality and quantity [5]. - It suggests implementing urban and rural income increase plans and improving minimum wage standards to boost consumer spending capacity and expectations [5]. - The need for regulatory reforms to adapt to new consumption models and streamline investment management is emphasized, including removing unreasonable restrictions on service industry access [5].

Core Viewpoint - Strengthening the domestic market is a strategic foundation for China's modernization, emphasizing the need to coordinate consumption and investment to enhance market growth and stability [2][3]. Group 1: Coordination of Consumption and Investment - Coordinating consumption and investment is essential for building a strong domestic market, as both are integral parts of a complete domestic demand system and promote each other in a virtuous cycle [3]. - Investment plays a crucial role in economic growth, especially during rapid industrialization and urbanization, while consumption is becoming the dominant force for long-term healthy economic development [3]. Group 2: New Demand and Supply Dynamics - Investment should lead to new supply that meets evolving consumer demands, particularly in service-oriented and quality-focused sectors, by increasing investment in healthcare and other essential services [4]. - The focus should be on creating new consumption scenarios through investment, enhancing the infrastructure of commercial areas, and developing new consumption environments [5]. Group 3: Policy Support and Reform - Strengthening policies that benefit the public and implementing urban and rural income increase plans are vital for enhancing consumer capacity and expectations [6]. - There is a need for policy coordination to optimize investment management and remove unreasonable restrictions on service industry access, thereby stimulating private investment [6].

Core Viewpoint - The construction of a strong domestic market is a strategic foundation for Chinese-style modernization, emphasizing the need to promote consumption and expand investment in a coordinated manner to enhance the growth and stability of the domestic market [1][2]. Group 1: Consumption and Investment Relationship - Coordinating consumption and investment is essential for building a robust domestic market, as they are interdependent components of a complete domestic demand system [2]. - Consumption serves as the final demand while investment addresses current demand and future supply, indicating that effective investment is necessary to meet consumer needs and enhance consumption capacity [2]. Group 2: New Demand and Supply Dynamics - Investment should lead to new supply that meets emerging consumer demands, particularly in sectors like healthcare and services, aligning with trends towards service-oriented and quality-focused consumption [3][4]. - The investment in infrastructure related to aging and childcare is crucial to cater to demographic changes, ensuring that basic public services are accessible to urban populations [3]. Group 3: Policy Support and Reform - Strengthening policy support and reform is vital for enhancing both consumption and investment quality, including implementing income growth plans and improving minimum wage standards to boost consumer spending [5]. - Collaboration across policies is necessary to optimize the use of various funding sources, such as central budget investments and local government bonds, to stimulate consumer-oriented initiatives [5].

Core Viewpoint - A strong domestic market is essential for China's modernization strategy, emphasizing the need for a demand-driven economy supported by both consumption and investment [1] Group 1: Consumption and Investment Dynamics - Coordinating consumption and investment is necessary for building a robust domestic market, as they are interdependent and create a virtuous cycle [2] - Consumption represents final demand while investment addresses current demand and future supply, highlighting the need for effective investment to meet consumer needs [2] - As China's economy develops and incomes rise, consumption is becoming the dominant force for long-term economic health [2] Group 2: New Demand and Supply - Investment should lead to new supply that meets emerging consumer demands, particularly in services and quality products [3] - There is a need to increase investments in healthcare and other essential services to better meet the needs of aging and younger populations [3] - Urbanization efforts should focus on providing basic public services to non-resident populations and improving housing conditions [3] Group 3: Innovation and New Consumption Scenarios - Investment should drive innovation in consumer products, particularly through advancements in technology such as artificial intelligence [4] - New investment in consumer environments is necessary to enhance shopping experiences and create new consumption scenarios [4] - Policies should be implemented to remove unreasonable restrictions and promote leisure and service consumption [4] Group 4: Policy Support and Reform - Strengthening policies aimed at improving residents' income and consumption capacity is crucial [5] - Coordinated policy efforts should optimize funding sources and enhance consumer-oriented policies [5] - Reforms in regulatory frameworks are needed to support new consumption models and stimulate private investment [5]