Group 1: Tariff Negotiations - The recent negotiations between China and the US resulted in a temporary suspension of most tariffs, with the US reducing tariffs on Chinese goods from 145% to 30% and China lowering tariffs on US goods from 125% to 10% [3][4] - The current tariff reduction measures are temporary and will last for 90 days, during which further negotiations are expected [4][10] Group 2: Employment Impact - As of 2024, China's import and export sector employs approximately 180 million people, with 40 million in direct employment and 140 million in related upstream and downstream industries [2] Group 3: Industry Impact - The tariff negotiations have led to significant stock price increases in the electric vehicle supply chain and related industries in China [5][8] - The highest tariffs are still applied to syringes and needles due to concerns over fentanyl, which remains a critical issue in the negotiations [7] Group 4: Economic Impact - China's GDP growth rate for the first quarter of 2024 is reported at 5.4% [10] - Different scenarios regarding future tariffs could impact GDP growth, with potential reductions of 0.3%, 0.9%, and 2% under optimistic, neutral, and pessimistic scenarios, respectively [12] Group 5: Stock Market Impact - The current price-to-earnings ratio for China's Shanghai Composite Index is 13.8, indicating it is still in a historically undervalued range [20] - Following the announcement of tariff negotiations, the stock market showed positive reactions, recovering losses from earlier declines [22][26]

我们总是对盈利零容忍，而对亏损却很放纵。一小赚就跑，一亏就死扛，总是在"入场亏损 - 持有死扛 - 解套就跑"的小赚大亏中循环着，能扛到解套还算幸运，很多人都是在扛不住大亏时，悔恨离场，似乎 天生是来给市场送钱的，而不是来赚钱的。 ——笔记哥《应对》 【笔记20250205— DeepSeek版：TL赠与我的（+关税担忧+PMI数据低于预期+午后资金面转松+股市下 跌=中下)】 资金面先紧后松，长债收益率明显下行。 央行公开市场开展6970亿元7天期逆回购操作，今日有14135亿元逆回购到期。净回笼7165亿元。 上午资金面均衡略偏紧，午后转松，资金价格偏贵。 | | | | 银行间资金 | (2025. 02. 05) | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 回购代码 | 加权利率 | 变化 | 利率走势 | 最高利率 | 变化 | 成交量 | 变化量 | 成交量占 | | | (%) | (bp) | (近30天) | (%) | (bp) | (亿元) | (亿元) | 比 (%) | | R001 | 1. ...