Core Points - Beijing is increasing the allocation of new energy vehicle (NEV) indicators by 20,000, bringing the total to 60,000, aimed at addressing the vehicle access challenges faced by carless families [1][2] - The total annual quota for small car indicators in Beijing for 2025 is set at 160,000, with 100,000 being regular quotas and 60,000 being newly issued NEV indicators [1][2] - The allocation process will prioritize families based on their total points, with the top 60,000 qualifying families receiving the NEV indicators [2][3] Allocation Process - The new NEV indicators will be announced on May 26, 2025, after the allocation of 58,400 annual family NEV indicators [2] - Families will undergo qualification checks regarding their relationship and marital status, with notifications sent out after passing the checks [2] - The validity of the indicators is set for 12 months, and families must complete vehicle registration within this period to avoid forfeiting their allocation [2] Policy Implications - The increase in NEV indicators reflects a continued policy push towards promoting green transportation and supporting fair access to vehicle ownership for carless families in Beijing [2][3] - The point-based ranking and qualification verification mechanisms are crucial for ensuring fairness and transparency in the allocation process [3]

2025 年 5 月 12 日 警惕宏观扰动 李婷 021-68555105 li.t@jyqh.com.cn 从业资格号：F0297587 投资咨询号：Z0011509 黄蕾 huang.lei@jyqh.com.cn 从业资格号：F0307990 投资咨询号：Z0011692 高慧 gao.h@jyqh.com.cn 从业资格号：F03099478 投资咨询号：Z0017785 王工建 wang.gj@jyqh.com.cn 从业资格号：F3084165 投资咨询号：Z0016301 镍价震荡延续 核心观点及策略 一、 投资咨询业务资格 沪证监许可【2015】84 号 赵凯熙 zhao.kx@jygh.com. cn 从业资格号：F03112296 投资咨询号：20021040 敬请参阅最后一页免责声明 1 / 8 镍周报 ⚫ 宏观面，全球多国央行相继降息，美联储维持原有利 率政策不变。即使美国一季度GDP增速转负，美联储 官员依然认为美国经济具有韧性，但也承认劳动力市 场与再通胀面临一定挑战。此外，中美经贸论谈开 启，但双方在会谈前夕态度均较为强硬。 ⚫ 基本面：印尼矿产协会再次下调镍矿内贸基准价格， ...