Core Viewpoint - A new round of growth stabilization plans for ten key industries has been launched, focusing on maintaining reasonable growth rates and improving efficiency and structure in the context of changing external environments and internal economic adjustments [1][2]. Group 1: Reasons for Launching the Growth Stabilization Plans - In 2023, the industrial added value growth rate was only 3.8%, necessitating measures to stabilize the industrial base amid domestic demand contraction and supply shocks [2]. - Currently, the industrial economy is showing a positive trend, with a 6.4% year-on-year growth in industrial added value in the first half of the year, but challenges remain due to external uncertainties and structural contradictions [2]. - The plans aim to enhance the quality of supply, optimize the development environment, and promote both qualitative and quantitative improvements in the industry [2]. Group 2: Key Industries Identified - The ten key industries targeted for growth stabilization include steel, non-ferrous metals, petrochemicals, chemicals, building materials, machinery, automobiles, electrical equipment, light industry, and electronic information manufacturing, which collectively account for about 70% of the industrial economy [3][4]. Group 3: Policy Focus Areas - The plans emphasize innovation and transformation on both the supply and demand sides, including strengthening technological innovation, quality standards, and promoting digital and green transformations [6]. - Artificial intelligence is highlighted as a crucial element in the plans, driving innovation across the entire industry chain from chips to smart terminals [7][8]. Group 4: Opportunities for Enterprises - The plans signal a shift from price competition to competition based on technology, quality, and brand, encouraging enterprises to focus on high-value-added products [10]. - Specific measures include tax incentives, support for key product innovation projects, and encouragement for small and specialized enterprises to develop differentiated products [10]. - The plans also emphasize the role of major projects in driving investment and consumption, which is vital for stabilizing and improving the quality of key industries [9]. Group 5: Future Potential - As the growth stabilization plans are implemented, the development potential of these key industries is expected to be continuously released [11].

有色金属日报 2025-7-25 五矿期货早报 | 有色金属 铜 有色金属小组 吴坤金 从业资格号：F3036210 交易咨询号：Z0015924 0755-23375135 wukj1@wkqh.cn 曾宇轲 从业资格号：F03121027 0755-23375139 zengyuke@wkqh.cn 张世骄 从业资格号：F03120988 0755-23375122 zhangsj3@wkqh.cn 王梓铧 从业资格号：F03130785 0755-23375132 wangzh7@wkqh.cn 刘显杰 从业资格号：F03130746 0755-23375125 liuxianjie@wkqh.cn 陈逸 从业资格号：F03137504 0755-23375125 cheny40@wkqh.cn 欧洲通过对美关税反制计划，美元指数企稳，铜价震荡回调，昨日伦铜收跌 0.8%至 9854 美元/吨， 沪铜主力合约收至 79290 元/吨。产业层面，昨日 LME 库存减少 50 至 124775 吨，注销仓单比例提高 至 15.9%，Cash/3M 贴水 68 美元/吨。国内方面，电解铜社会库存较周一下滑，昨 ...

铜 有色金属日报 2025-7-22 五矿期货早报 | 有色金属 从业资格号：F3036210 交易咨询号：Z0015924 0755-23375135 wukj1@wkqh.cn 曾宇轲 从业资格号：F03121027 0755-23375139 zengyuke@wkqh.cn 张世骄 有色金属小组 吴坤金 从业资格号：F03120988 0755-23375122 zhangsj3@wkqh.cn 从业资格号：F03130746 0755-23375125 liuxianjie@wkqh.cn 陈逸 从业资格号：F03137504 0755-23375125 cheny40@wkqh.cn 美元指数偏弱运行，商品氛围延续积极，昨日伦铜收涨 0.74%至 9867 美元/吨，沪铜主力合约收至 79770 元/吨。产业层面，昨日 LME 库存减少 100 至 122075 吨，注销仓单比例下滑至 10.3%，Cash/3M 贴水 53.8 美元/吨。国内方面，电解铜社会库存较上周四减少 2.5 万吨（SMM 口径），昨日上期所铜 仓单减少 1.0 至 2.8 万吨，上海地区现货升水期货 220 元/吨，货源 ...