会议原则同意《上海市关于促进区块链赋能航运贸易高质量发展的若干措施（试行）》并指出，建 设国家区块链网络上海枢纽，对促进实体经济和数字经济融合发展、助力构建全国统一大市场具有重要 意义。要发挥好链主企业"头雁效应"，强化"链式思维"、推动"链式发展"，带动上下游企业共同 筑"链"。要发挥好支持政策"乘数效应"，充分发挥区块链技术可追溯、防篡改等优势特点，有力支撑政 策"免申即享"，通过链上"数据跑路"替代线下"企业跑腿"，并确保政策用到实处、取得实效。要发挥好 财政资金"撬动效应"，积极引入社会资本，形成多元、可持续的区块链产业投入机制，更好支撑航贸数 字化加快扩围、提质、放量。 会议还研究了其他事项。 记者 吴頔 市委副书记、市长龚正11月24日主持召开市政府常务会议，要求在市委坚强领导下，奋力实现全年 经济增长目标，打赢全年和"十四五"收官战决胜战；建好国家区块链网络上海枢纽，赋能航运贸易高质 量发展。 会议指出，今年10月以来，上海经济运行顶住压力、稳中有进、保持韧性。各部门、各区要鼓足干 劲、锚定目标、加力冲刺，千方百计拓增量、减降幅、补缺口，确保顺利完成全年收官冲刺任务。经济 运行调度要一鼓作气、持 ...

Core Insights - The "Double 11" shopping festival has seen a significant transformation in consumer behavior, shifting from a need-based purchasing approach to an interest-driven one, driven by content and live streaming [1][5][12] - The live commerce sector has emerged as a crucial engine for stimulating consumption and expanding market opportunities, with over 10,000 merchants doubling their sales during the event [1][4] Group 1: Performance Metrics - During the "Double 11" period, 67,000 brands on the platform saw their sales double year-on-year, with the number of products achieving over 100 million yuan in sales increasing by 129% [4] - The number of live streaming stores generating over 10 million yuan in sales grew by 53% [4] - Cultural consumption has become a highlight, with over 12,000 intangible cultural heritage-related merchants experiencing a 200% increase in sales [5] Group 2: Market Trends - The market is witnessing a diversification and upgrade towards quality and personalization, with traditional crafts gaining popularity through live streaming [5][13] - Domestic brands are rising collectively, with the beauty sector seeing a 313% increase in brands achieving over 10 million yuan in sales [6] - The "trade-in" initiative has led to a 486% increase in sales for participating merchants, with specific product categories like washing machines and cameras seeing sales growth of 813% and 591% respectively [6] Group 3: Knowledge-Driven Commerce - The "knowledge-driven commerce" trend has gained traction, with significant participation from knowledge influencers leading to a 19-fold increase in short video traffic efficiency [9] - The integration of quality content and intelligent algorithms has transformed consumer behavior from traditional search-based shopping to interest-based discovery [9][10] Group 4: Economic Impact - Live commerce is becoming a vital force in stimulating consumption and empowering industrial upgrades, particularly benefiting traditional manufacturing and small enterprises [12] - The platform's support has enabled traditional businesses to transition successfully to digital sales, exemplified by a high-end cashmere factory achieving 3 million yuan in sales on the first day of "Double 11" [12][13] - Local specialty products have gained national exposure, with sales of traditional items like iron pots and blueberries seeing substantial year-on-year growth [13]

2026年是"十五五"规划实施的开局之年，也是承前启后巩固经济回 稳态势的关键之年。 党的二十届四中全会审议通过的《中共中央关 于 制 定 国 民 经 济 和 社 会 发 展 第 十 五 个 五 年 规 划 的 建 议 》 ， 科 学 设 定"十五五"时期经济社会发展的主要目标，其中一个目标就是"高质 量发展取得显著成效"，要 确保基本实现社会主义现代化取得决定 性 进 展 ， 必 须 坚 持 长 短 协 同 、 稳 中 求 进 ， 确 保 经 济 运 行 在 合 理 区 间 ， 为 " 十 五 五 " 规 划 顺 利 实 施 奠 定 坚 实 基 础 ， 为 此 《 清 华 金 融 评 论》编辑部特地展开征稿活动 。 《清华金融评论》 2026 年第 1 期专题 "十五五"开局：长短协同 保持经济增长在合理区间 2026年是"十五五"规划实施的开局之年，也是承前启后巩固经济回稳态势的关键之年。 党的二十届四中全会审 议通过的《中共中央关于制定国民经济和社会发展第十五个五年规划的建议》，科学设定"十五五"时期经济社 会发展的主要目标。其中一个目标就是"高 质量发展取得显著成效"， 要确保基本实现社会主义现代化取 ...

未来的关键在于，双方能否将制度优势转化为发展动能，在数字化转型与能源革命的交汇点上，真正走 出一条依托资本纽带、实现产业升级的示范路径。 2025年9月，中国石油集团有限公司将其持有的5.41亿股中国石油A股股份（占总股本0.3%）无偿划转 至中国移动通信集团有限公司；11月，中国移动集团将其持有的4198.13万股中国移动A股股份（占总股 本0.19%）以同样方式划转至中国石油集团。 反过来，中国石油的产业数字化升级，也依赖于中国移动在信息技术上的全面支撑。当中国石油的油 田、管道、炼厂、加油站等物理资产完成数字化改造后，它们就不再仅仅是能源基础设施，而是成为数 字经济发展的重要载体。这些设施的分布式特性，正好契合了边缘计算、物联网等新技术的发展需求， 为数字经济的发展提供了宝贵的网络节点。 实现价值重塑与资本稳定 在国资委将"市值管理"纳入央企考核的背景下，此次股份划转也是资本市场层面的一次重要价值管理实 践。2023年以来，中国特色估值体系（下称"中特估"）概念的提出，为央企上市公司的价值重估提供了 理论依据和政策支持。理论上的价值重估要转化为市场认可的价值提升，还需要具体的实践路径。中国 移动和中国石 ...

智通财经APP在《从IP到智造，天机控股(01520)双轮驱动战略打开高增长通道》中提到，天机控股前瞻 性地打造"智慧消费+智慧制造"双轮驱动战略：一方面通过人工智能、数字化与区块链技术深耕IP价值 生态，开拓现有业务的增量空间；另一方面则将业务延伸至工业领域，运用前沿技术助力制造业智能化 升级与全球化布局。这一战略不仅呼应了数字经济与实体经济深度融合的时代趋势，也将为公司打开更 广阔的长期增长通道。 天机控股(01520)盘中涨超9%，截至发稿，涨9.32%，报1.29港元，成交额296.64万港元。 消息面上，今年以来，极具辨识度的中国潮玩IP"拉布布(LABUBU)"在海外迅速走红，不仅带动相关上 市公司股价屡创新高，也令IP经济概念股持续受到市场关注。公司依托现有IP资源，聚焦IP数字化、IP 商品交易和IP社群运营三大业务板块，正逐步构建出一个覆盖全球的数字资产IP链上身份。此外，天机 控股近期发布公告称，与科大讯飞（002230）、沙特工业和矿产部达成战略合作，智慧制造业务正将公 司的消费级IP业务延伸至更广阔的工业场景，开辟第二增长曲线。 ...

智通财经APP在《从IP到智造，天机控股(01520)双轮驱动战略打开高增长通道》中提到，天机控股前瞻 性地打造"智慧消费+智慧制造"双轮驱动战略：一方面通过人工智能、数字化与区块链技术深耕IP价值 生态，开拓现有业务的增量空间；另一方面则将业务延伸至工业领域，运用前沿技术助力制造业智能化 升级与全球化布局。这一战略不仅呼应了数字经济与实体经济深度融合的时代趋势，也将为公司打开更 广阔的长期增长通道。 智通财经APP获悉，天机控股(01520)盘中涨超9%，截至发稿，涨9.32%，报1.29港元，成交额296.64万 港元。 消息面上，今年以来，极具辨识度的中国潮玩IP"拉布布(LABUBU)"在海外迅速走红，不仅带动相关上 市公司股价屡创新高，也令IP经济概念股持续受到市场关注。公司依托现有IP资源，聚焦IP数字化、IP 商品交易和IP社群运营三大业务板块，正逐步构建出一个覆盖全球的数字资产IP链上身份。此外，天机 控股近期发布公告称，与科大讯飞、沙特工业和矿产部达成战略合作，智慧制造业务正将公司的消费级 IP业务延伸至更广阔的工业场景，开辟第二增长曲线。 ...

Core Insights - The article emphasizes the vision for the Zhongguancun Science Park to become a world-leading technology hub by 2035, supported by the Ministry of Industry and Information Technology, the Ministry of Science and Technology, and the Beijing municipal government [1] Group 1: Market and Government Collaboration - Zhongguancun has evolved into a testing ground for new production relationships, driven by the transformation of enterprise ownership and the introduction of a market-oriented property rights system [2][3] - The region has successfully transitioned from a planned economy to a market economy, breaking down administrative barriers between technology and other production factors, thus enabling a multi-price discovery system [2][3] Group 2: New Quality Productivity - The fourth technological revolution, centered on electronic information technology, is reshaping productivity structures, with data emerging as an independent production factor [3][4] - Zhongguancun's practices illustrate that platform organizations are not merely physical spaces but act as industry organizers that integrate various resources to drive new economic forms [3][4] Group 3: Integration of Digital and Real Economies - The integration of digital and real economies relies on digital technologies to reconstruct production relationships, making data a new catalyst for activating the real economy [4][5] - This new quality productivity is increasingly dependent on advanced information technologies rather than traditional asset-heavy approaches [4][5] Group 4: Innovative Ecosystem Characteristics - The new production structure in Zhongguancun reflects an innovative ecosystem, characterized by the collaboration of diverse stakeholders, including enterprises, intermediaries, and social organizations [5][6] - The self-organizing nature of this ecosystem allows for dynamic interactions and autonomous decision-making, distinguishing it from traditional industrial production systems [6][7] Group 5: Future Directions - The emergence of new quality productivity in Zhongguancun is attributed to both technological upgrades and changes in production factors and relationships [7] - Moving forward, Zhongguancun aims to strengthen its position in high-level technological self-reliance, continuing to lead in the development of new quality productivity in China [7]

Core Viewpoint - The article discusses the implementation opinions issued by the State Council of China aimed at accelerating the cultivation and large-scale application of new scenarios across various sectors, focusing on five key areas and proposing 22 categories of priority fields for development [1][3]. Group 1: Digital Economy and Technology - In the digital economy sector, the focus is on leveraging data elements, supporting technological innovation in data analysis, circulation, and security, and exploring applications of technologies like the metaverse and virtual reality in various fields [3][10]. - The artificial intelligence sector emphasizes the need for breakthroughs in core technologies and the cultivation of high-value application scenarios to meet diverse development needs [3][11]. - The integration of new information technologies such as big data and IoT into healthcare applications is highlighted, aiming to innovate medical services and improve health management [4][18]. Group 2: Manufacturing and Industry - The manufacturing sector aims to innovate in smart manufacturing, green manufacturing, and service-oriented manufacturing, with a focus on developing flexible production lines and smart factories [3][13]. - The article emphasizes the importance of supporting key manufacturing enterprises in opening application scenarios for self-developed software and industrial applications [3][13]. - In the agricultural sector, there is a push for digital applications in breeding and cultivation, enhancing the overall level of plant and animal breeding [3][14]. Group 3: Social Governance and Public Services - The article discusses the need for innovative applications in emergency management, focusing on digital scenarios for disaster response and recovery [3][15]. - In the realm of social governance, the promotion of smart government services through intelligent appointment and identity verification is emphasized [3][16]. - The development of rural areas is also addressed, with a focus on building digital villages and enhancing information application levels [3][17]. Group 4: Consumer and Lifestyle Integration - The integration of various sectors such as commerce, culture, tourism, and health is encouraged to create new consumer scenarios that leverage technologies like 5G and virtual reality [3][19]. - The article highlights the importance of creating immersive and interactive consumer experiences to drive engagement and economic activity [3][19]. Group 5: Scene Opening and Resource Allocation - There is a strong emphasis on increasing the openness of various application scenarios and fostering cross-regional collaboration to enhance resource allocation efficiency [3][20]. - The article calls for the establishment of fair and efficient resource allocation rules to ensure equitable participation in the development and utilization of scene resources [3][20]. - The need for policy support and management systems to facilitate the cultivation and opening of new scenarios is also discussed [3][22].

11月5日，郑州航空港公布2025年前三季度经济运行情况。 总量迈上新台阶 结构优化显成效 前三季度，全区实现地区生产总值1213.3亿元，同比增长11.1%，高于全省5.5个百分点。经济总量首次 在前三季度突破1200亿大关，再上新台阶。 消费市场稳步增长。前三季度，社会消费品零售总额达156.6亿元，同比增长11.2%，高于全省5个百分 点。第三届全国技能大赛带动消费升温，9月限上餐费收入环比激增75.3%。 外贸龙头地位稳固。前三季度，全区进出口总值实现3179.4亿元，占全省的49.4%，同比增长32.8%。郑 州新郑综合保税区以2997.6亿元进出口额稳居全国综保区第二位；郑州国际陆港依托"8束16条作业 线"的高效支撑，货物可经中欧班列15天直达欧洲40国。 新质生产力提速 未来动能更强劲 新产业快速发展。前三季度，全区战略性新兴产业增加值同比增长15.1%，略高于规上工业增速。新能 源汽车整车产量占全省的75.5%，锂离子电池产量增长82.3%，新兴支柱产业聚能起势。 产业结构持续优化升级，第三产业增加值增速实现11.3%，高于GDP增速0.2个百分点，增速较2024年全 年加快6.8个百分点， ...

Core Viewpoint - The recent equity transfer between China Mobile and China National Petroleum Corporation (CNPC) highlights a strategic collaboration between two state-owned enterprises, reflecting the deepening reform of state-owned enterprises and the cross-industry layout of state capital in the digital economy and real economy integration [1][3][8] Group 1: Equity Transfer Details - China Mobile's controlling shareholder, China Mobile Group, plans to transfer 41.98 million A-shares (0.19% of total shares) to CNPC at a transfer price of zero [1][3] - Following the transfer, China Mobile Group's shareholding in China Mobile will decrease from 69.05% to 68.85%, while CNPC will hold 0.19% of China Mobile's shares for the first time [3][4] - The transfer is part of a broader strategy to enhance collaboration in information technology and smart energy sectors, aiming to unlock new potential in digital and real economy integration [3][6] Group 2: Market Impact and Strategic Signals - The equity transfer is seen as a significant move in the context of state-owned enterprise reform, signaling a shift from single-industry operations to cross-industry collaboration [1][5] - Market reactions indicate a slight increase in stock prices for both companies, with China Mobile closing at 107.66 yuan (up 0.98%) and CNPC at 9.57 yuan (up 0.1%) [2] - Analysts suggest that this collaboration could enhance market confidence and potentially lead to a positive valuation cycle through improved operational efficiency and resource sharing [5][6] Group 3: Long-term Collaboration Potential - The collaboration aims to achieve deep integration of digital technology and real industries, with potential synergies in operational efficiency, data resource sharing, and cost reduction [6][8] - Previous projects, such as the "Kunlun Model" and the "Cloud Hub" asset management platform, demonstrate the ongoing efforts to leverage digital capabilities for energy sector transformation [7][8] - The long-term outlook suggests that cross-holding among state-owned enterprises may become a trend for optimizing state capital allocation, enhancing competitiveness, and fostering a resilient industrial ecosystem [8]