导读：党的二十届四中全会召开在即，特此分享第十三届全国政协常委、经济委员会副主任、原中央财经领导小组办公室副主任杨伟民，在《国际交往中 心城市指数2025》发布会上发表的主旨演讲。 杨伟民 第十三届全国政协常委、经济委员会副主任，原中央财经领导小组办公室副主任 杨伟民强调，"十五五"时期我国发展战略机遇大于风险挑战，并提出中心城市在中国式现代化进程中应承担的五方面战略任务。 转载来源：清华大学中国发展规划研究院微信公众号 一个国家的经济发展、科技创新、新产业创造、服务业的发展和文化的繁荣，包括国际交往等，主要发生在城市空间，特别是中心城市。这里的中心城 市，指的是我国的直辖市、省会首府城市和计划单列市，共36个城市。 01 "十五五"时期，我国发展战略机遇和风险挑战并存、机遇大于挑战 第二，战略机遇的判断是基于经济全球化发展趋势。当年提出战略机遇期判断的其中一个原因是经济在全球化。现在，经济全球化遭遇逆流，但这种违背 市场规律的小浪花不会阻止大潮流。全球化是市场化的结果，是市场在全球范围配置资源的必然结果。市场化促进了全球范围社会分工的深化细化，社会 分工的细化深化推动了全球化。逆全球化，市场不会答应。 第三 ...

Group 1: New Cycle - The Chinese economy is entering a new cycle rather than reaching its peak, with significant challenges such as insufficient effective demand [2] - Major infrastructure projects, like the Yarlung Tsangpo River hydropower station with an investment of 1.2 trillion yuan, are expected to stimulate investment demand [2] - The focus on enhancing domestic consumption through innovative marketing strategies, as seen in Chongqing's tourism initiatives, highlights the shift towards demand-side growth [2][3] Group 2: New Quality Productivity - The "15th Five-Year Plan" emphasizes the importance of new quality productivity, which is driven by the digital revolution and artificial intelligence [4] - Industries previously considered advanced, such as finance and healthcare, are being redefined through AI applications, enhancing efficiency and user experience [4] - The goal is to achieve a significant leap in productivity that positions China favorably in global competition, similar to its current advantages in mobile payments and high-speed rail [4] Group 3: New Development Concept - The focus of the "15th Five-Year Plan" is on improving people's well-being and promoting comprehensive human development, moving beyond mere material wealth [5] - The importance of the workforce, particularly the 200 million industrial workers, is highlighted as essential for sustaining China's manufacturing success [6] - Investments in education, health, and employment are crucial for enhancing the overall quality of life and ensuring sustainable development [6] Group 4: Dual Circulation New Development Pattern - The "15th Five-Year Plan" introduces a dual circulation strategy, balancing domestic and international markets to navigate global uncertainties [7] - Despite challenges from trade tensions, China's exports have shown resilience, with significant growth in trade with regions like Africa and ASEAN [7] - Companies like XCMG exemplify the dual circulation model by integrating domestic and international operations, enhancing service capabilities alongside product exports [8]

Core Insights - Dong'e Ejiao reported a revenue of 3.051 billion yuan for the first half of 2025, representing a year-on-year growth of 11.02% [1] - The net profit reached 818 million yuan, up 10.74% year-on-year, while the net profit after deducting non-recurring items was 788 million yuan, increasing by 12.58% [1] - The company continues to optimize its financial structure and operational efficiency, focusing on high-margin product categories and reducing donkey-hide inventory [1][2] Financial Performance - The net cash flow from operating activities was 965 million yuan, a growth of 4.70%, with the second quarter generating 1.27 billion yuan [1] - Dong'e Ejiao plans to distribute a cash dividend of 12.69 yuan per 10 shares, totaling approximately 817 million yuan, which accounts for 99.94% of the net profit attributable to shareholders for the first half of 2025 [1] Market Position - As of the first quarter of 2025, Dong'e Ejiao held a market share of 67.3% in the donkey-hide gelatin block category and 31.9% in the compound donkey-hide gelatin oral liquid market [1] - The revenue from donkey-hide gelatin and related products was 2.845 billion yuan, reflecting a year-on-year increase of 11.50% [2] Strategic Initiatives - The company is enhancing its brand through high-end and youth-oriented strategies, with stable sales performance in the OTC market [2] - Dong'e Ejiao is advancing its digital transformation and AI applications, achieving smart production processes and a raw material loss rate of 0.8% in 2024 [2] Collaboration and Investment - China Resources Group is empowering Dong'e Ejiao through capital collaboration and industry chain integration, including a 1 billion yuan pharmaceutical investment fund [3] - Dong'e Ejiao has engaged in strategic cooperation with China Resources Longde to explore new paths for traditional Chinese medicine in international markets [3] Corporate Governance - The implementation of the first phase of the stock incentive plan and the mid-term dividend distribution is enhancing corporate governance and talent cohesion [4] - The company is transitioning from a traditional manufacturer to a "smart health service provider," aiming to build its own health ecosystem [4]