// 今日关注 // 1 、 财政部立法工作安排出炉！预算法、全国社保基金境内投资管理办法在列 2 、日本央行考虑放缓削减购债规模的步伐 3 、万科 A ：深铁集团拟向公司提供不超过 30 亿元借款 4 、 3 月和 4 月美国非农合计下修 9.5 万人 5 、金穗春操纵股票被证监会罚没过亿 +5 年证券市场禁入 // 宏观预警 // 1 、 财政部立法工作安排出炉！预算法、全国社保基金境内投资管理办法在列 财政部公布的 2025 年度立法工作安排显示，今年财政部将推进资产评估法（修改）、预算法（修 改）、增值税法实施条例（制定）等法律、行政法规起草工作 ；研究制定、修订全国社会保障基金境 内投资管理办法、企业财务通则、金融企业国有资产评估监督管理暂行办法、金融企业国有资产转让管 理办法、会计基础工作规范等财政规章。 华润股份有限公司公告，综合考虑簿记建档发行情况，鉴于近期市场波动较大，发行人经与簿记 管理人协商一致， 决定取消" 25 华润 MTN003A "的发行，本期债券品种二发行规模为 25 亿 元。 // 中国债券预警 // 1 、融创中国披露境外债务重组进展：将基础同意费截止日期延长至 6 月 2 ...

Core Viewpoint - The Ministry of Finance is advancing legislative work on various financial regulations, including the modification of the Asset Evaluation Law, Budget Law, and the implementation regulations of the Value-Added Tax Law, as part of its 2025 legislative work plan [1]. Group 1: National Social Security Fund Management - The Ministry of Finance plans to revise the National Social Security Fund's domestic investment management regulations, which have been in place for over 20 years and need updates to align with current financial market conditions [2]. - The draft of the new management regulations proposes to lower the upper limits on management and custody fees, with annual management fees for stock products capped at 0.8%, bond products at 0.3%, cash products at 0.1%, equity investment funds at 1.5%, and custody fees at 0.05% [2]. - The new regulations categorize investment types into deposit and interest-bearing, credit fixed income, stock, and equity, allowing a maximum investment ratio of 40% for stock assets and 30% for equity assets [3]. Group 2: Budget Law Modification - The Ministry of Finance is also working on modifying the Budget Law, which is crucial for fiscal management and resource allocation [4]. - The Budget Law, first established in 1994, has undergone revisions to enhance the coverage of government budgets and introduce performance evaluation mechanisms [4]. - Recent discussions have highlighted the need for legal support to improve the fiscal transfer payment system, with suggestions to adapt the Budget Law to better meet current management requirements [4].

Group 1 - The Ministry of Finance has announced its legislative work plan for 2025, which includes the drafting of laws and regulations such as the Asset Evaluation Law (amendment), Budget Law (amendment), and the implementation regulations for the Value-Added Tax Law [1][3] - The Ministry will actively cooperate with projects included in the legislative planning of the 14th National People's Congress Standing Committee and the legislative work plan of the State Council for 2025 [3] Group 2 - The Ministry of Finance aims to revise the National Social Security Fund's domestic investment management measures, which have been in place for over 20 years and need to be updated to align with current financial market developments [4][5] - The draft management measures propose to lower the upper limits of management and custody fees, with specific rates set for different types of investment products, such as a maximum management fee of 0.8% for equity products and 0.3% for bond products [5] Group 3 - The Ministry of Finance plans to advance the amendment of the Budget Law, which is a crucial tool for fiscal management and resource allocation [6] - The Budget Law has undergone significant revisions since its introduction in 1994, with the latest amendments aimed at enhancing the legal framework for budget management and performance evaluation [6][7] - Recent discussions have highlighted the need to modify the Budget Law to better address issues related to transfer payments, performance management, government debt, and legislative oversight [7]

Group 1 - The Ministry of Finance is advancing the legislative work for 2025, focusing on various laws and regulations including the modification of the Asset Evaluation Law and the Budget Law [1] - The Ministry is also researching and revising the domestic investment management measures for the National Social Security Fund, along with other financial regulations [1] - The Ministry aims to actively cooperate with the legislative projects included in the 14th National People's Congress Standing Committee's legislative plan for 2025 [1]