在此背景下，品牌成长的"新质生产力"话题尤为应景且重要。南方都市报党委副书记、主编刘江涛现场 致辞表示，"2025年，中国消费市场在宏观经济变化中展现出独特的韧性与活力。1-5月，社会消费品零 售总额20万亿元，同比增长5%。消费品以旧换新政策效果持续显现，推动了家电、汽车等重点商品的 销售。政府出台的一揽子增量政策也为消费市场注入了活力，入境游爆发式增长，体验式消费、情绪价 值消费、国潮文化、银发经济等新型消费热点持续涌现。" 经济学家、北京万博新经济研究院院长滕泰围绕"消费繁荣与中国未来"做主题分享， 他认为，提振消 费需要转变过去"重投资，重生产、轻消费"的观念，而这既需要财政政策的转型，也需要深化改革，提 高居民的中低收入者的可支配收入、社会保障程度。另外，货币政策也要探索新机制，滕泰认为，"为 了不让通货紧缩变成长期现象，创造更多的就业机会，零利率乃至负利率或为大势所趋。"同时，他也 呼吁企业要用新供给创造新需求，"新的产品、服务可以创造新需求，新的消费场景、生活方式都是由 企业家不断创造出来的。" 7月10日，由南方都市报主办的"2025高品质消费品牌TOP100创新生态大会"在上海举行。本 次大 ...

【导读】基金公司解读A股市场投资机会 短期市场或呈现中枢震荡向上态势 在基金公司看来，本轮市场反弹更多基于情绪层面，短期市场或呈现中枢震荡向上的态势。 回顾本轮市场反弹行情，创金合信基金认为，更多是此前市场波动率降到较低水平，随后情绪释放、波 动率上升带来的反弹，叠加市场风险偏好向好，驱动指数向上，但缺乏宏观经济和行业基本面的显著催 化。后续市场能否向上突破，还有赖于宏观基本面和公司盈利预期的改善，以及政策端的落地力度。 近期，多只银行股股价不断创出上市以来新高，大资金"含银量"持续提升。对此，工银瑞信基金表示， 在金融政策陆续出台稳市场、稳预期的背景下，金融板块年初以来走势强劲，银行股涨势如虹，非银板 块也表现出较好的向上弹性。 银河基金补充道，多家上市银行披露半年报预增公告，净息差边际改善预期增强，不良贷款率延续下行 趋势，资产质量持续优化。央行三季度工作会议提及"维护利率市场秩序"；部分地方性银行受益于区域 经济复苏信贷需求提升。 "七翻身"由多重因素驱动 历史上向来有"五穷六绝七翻身"的市场谚语，7月行情背后到底有没有"胜率逻辑"？ 7月伊始，A股市场延续反弹势头，沪指更是不断创出新高。 7月4日，沪 ...

一、行情回顾 市场全天震荡调整，创业板指领跌。油气股逆势大涨，山东墨龙、准油股份、首华燃气、国际实业等多股涨停。短剧概念股午后走强，百纳千成、慈文传 媒、掌阅科技封板。下跌方面，创新药概念走低，常山药业20cm跌停；核电板块集体调整，合锻智能跌停。个股呈现普跌态势，沪深京三市超4600股飘 绿，今日成交1.28万亿。 二、当日热点 1.油服 油服板块今日继续活跃，准油股份、山东墨龙5连板，茂华石化、国际实业等涨停。 6月19日，原油主连期货继续大涨，创4月以来新高。 2.短剧 短剧板块今日午后大涨，掌阅科技、慈文传媒、百纳千成等涨停。 新浪科技6月19日消息，继年初微信上线短剧小程序"火星观剧"后，腾讯再推出一款名为"短剧"的小程序。 | 股票名称 | 最新价 = | 涨跌幅 = | 涨停时间 ◆ | 换手率、 | | --- | --- | --- | --- | --- | | 掌阅科技 | 22.06 | +10.02% | 13:15:06 | 11.639 | | 603533.SS | | | | | | 慈文传媒 002343.SZ | 8.98 | +10.05% | 13:26:00 | 1 ...

Core Viewpoint - The article emphasizes the importance of expanding domestic demand and creating more consumption scenarios to continuously release consumption potential, highlighting the need for high-quality supply to create effective demand [1][2]. Group 1: Supply and Demand Dynamics - The relationship between consumption stagnation and supply not meeting demand is noted, with a structural contradiction of excess low-end supply and insufficient high-quality supply [2]. - The article points out that while the consumption structure in China has been optimizing, there is still a significant need for innovation in products and services to meet the evolving consumer demands [2]. Group 2: Consumer Behavior and Market Trends - As residents' income levels rise, there is a shift towards development-oriented, enjoyment-oriented, and quality-oriented consumption, indicating a need for deeper exploration of these demands [2]. - The first quarter of this year saw a 5.4% year-on-year increase in per capita service consumption expenditure, which accounted for 43.4% of total per capita consumption expenditure, suggesting a shift towards service consumption as a primary development direction [3]. Group 3: Policy and Support for Innovation - The article mentions the issuance of the "Special Action Plan to Boost Consumption" by the Central and State Offices, which aims to enhance consumption capacity through income increases and burden reductions [1]. - It highlights the necessity for enterprises to innovate in products and services to enhance competitiveness, with a call for supportive measures from relevant departments, especially for private and small enterprises [2]. Group 4: Future Directions for Consumption - The need to cultivate a complete internal demand system is emphasized, with a focus on both enhancing traditional consumption and fostering new types of consumption [3]. - The article advocates for the promotion of green and low-carbon consumption, aiming for a positive interaction between supply upgrades and consumption upgrades through targeted policies [3].