2024年10月，国务院办公厅转发中国证监会等七部门《关于加强监管防范风险促进期货市场高质量发展 的意见》（简称《意见》）。这一具有里程碑意义的指导文件，为新时代期货市场的发展指明了方向， 也对期货行业服务中国式现代化提出了全面的战略要求。《意见》出台一年来，深圳作为期货市场改革 创新的"试验田"，在金融强国建设中展现出积极作为。中信期货等辖区期货经营机构深入贯彻《意见》 精神，不断提升综合实力，助力期货市场服务实体经济功能发挥，以实际行动将国家战略蓝图转化为高 质量发展的生动实践。 聚焦主业 服务实体经济提质增效 《意见》指出，要提升商品期货市场服务实体经济质效，聚焦制造强国建设，更好满足实体企业风险管 理需求。 一年来，中信期货始终坚持金融工作的政治性和人民性，恪守服务实体经济初心，促进期货市场发现价 格、管理风险、配置资源等功能发挥，结合"场内+场外""期货+现货""境内+境外"模式推动多元业务板 块的产品服务升级，以高效适配、多层次且多样化的产品服务构建实体经济与金融体系良性互动的高质 量发展格局。公司积极主动深化业务创新，灵活运用期货、期权等金融工具，并结合期现业务促进传统 贸易模式优化升级，为实体 ...

金融是国民经济的血脉，关系中国式现代化建设全局。以习近平同志为核心的党中央提出"加快建设金 融强国"的战略目标，为做好新时代金融工作指明了方向。 在党中央坚强领导下，我国金融事业取得新的重大成就。金融体制改革全面深化，顶层设计更加完善， 我国金融治理体系和治理能力现代化迈上新台阶；种类齐全、竞争充分的金融机构、市场、产品体系更 加健全，金融服务的质量、效率、普惠性大幅提升；重点领域金融风险有序化解，守住了不发生系统性 金融风险的底线；金融对外开放步伐加快，我国金融业的国际竞争力和影响力显著增强。 重塑性改革开创新局面 党中央对金融工作领导体制、金融监管体制等进行了一系列重塑性改革。设立中央金融委员会、中央金 融工作委员会，加强党中央对金融工作的集中统一领导，将中国特色社会主义制度的政治优势和制度优 势转化为治理效能。对标金融强国应当具备的六个关键核心金融要素，加快构建现代金融体系，着力推 动我国金融业高质量发展。 "十四五"时期，我国金融业综合实力更加雄厚。目前银行业保险业总资产超过500万亿元，5年来年均增 长9%，全球最大信贷和第二大保险市场地位更加稳固。信托、理财、保险资管机构管理资产近100万亿 元， ...

央视网消息：金融是国民经济的"血脉"，金融高质量发展关系中国式现代化建设全局。"十四五"时期，在加快建设金融强国道路上，我国金融 业迈出一个个坚实步伐。 "金融活，经济活；金融稳，经济稳"。五年来，一组组亮眼数据铸就了我国金融业高质量发展沉甸甸的答卷。 资本赋能 "硬科技"加速成长 "十四五"时期，我国金融事业取得新的重大成就。企业发展，资金"活水"精准滴灌；购物旅游，移动支付轻松结算；国际经贸，跨境金融汇通 天下。 时隔三年多，再次来到了这家北交所的上市公司。一见面，这位企业家老朋友就迫不及待地带着我们参观他的新厂房。 "十四五"规划纲要提出，健全具有高度适应性、竞争力、普惠性的现代金融体系，构建金融有效支持实体经济的体制机制。截至2025年6月 末，中国银行业和保险业总资产超过500万亿元，5年来年均增长9%，全球最大信贷和第二大保险市场地位更加稳固。 这五年，银行业保险业通过信贷、债券、股权等多种方式，为实体经济提供新增资金170万亿元。截至2025年6月末，普惠型小微企业贷款余额 36万亿元，是"十三五"末的2.3倍，利率下降2个百分点。 "十四五"规划纲要提出，健全多层次资本市场体系，提高上市公司质 ...

Group 1 - The current monetary policy in China is supportive and relatively loose, with major interest rates at historical lows, and low interest rates are expected to persist for some time [1] - The imbalance in China's financing structure, characterized by high debt and low equity, is a significant issue, and increasing the proportion of direct financing, especially equity financing, has been a key goal of financial reform [2][4] - Recent policies, such as the "New National Nine Articles" and the "1+N" policy framework, aim to enhance the quality of listed companies, encourage dividend returns to investors, and promote the development of public funds [4][6] Group 2 - The capital market plays a crucial role in fostering a virtuous cycle among industry, technology, and capital, supporting both the growth of emerging industries and the transformation of traditional industries [3] - The need to enhance domestic demand, particularly final consumption, is emphasized as a pathway to economic growth, with property income being a significant source of household income [4] - The current challenges in China's financial system include a lack of effective financing demand from the real economy and low lending enthusiasm from banks, which necessitates the development of a diversified financing structure [6][7] Group 3 - The construction of a financial powerhouse is essential for the overall economic strength of the nation, with a strong currency being a key component of this vision [6][7] - The internationalization of the Renminbi is highlighted as a critical aspect of achieving a strong currency, which requires high-level financial openness and the reform of capital market systems [6][7] - The emphasis on institutional openness in the capital market includes aligning domestic regulations with international standards to better support and attract foreign investment [7]

Core Viewpoint - The 2024-2025 China Trust Industry Social Responsibility Report highlights the trust industry's commitment to social responsibility and its transformation towards high-quality development, emphasizing its role in supporting the real economy and enhancing people's lives [1][3]. Group 1: Industry Transformation and Development - Since its restoration in 1979, the trust industry has evolved from "scale expansion" to "compliance development," and now to "high-quality development," becoming a significant financial force in serving the real economy [3]. - The trust industry is set to deepen its new classification regulations in 2024 and enter a new phase of high-quality development by 2025 [3]. Group 2: Social Responsibility Achievements - The report outlines achievements in social responsibility across eight areas: party building, livelihood, economic, legal, environmental, public welfare, human-centered, and responsibility management [3]. - By the end of 2024, the trust industry managed a total trust asset scale of 29.56 trillion yuan, a year-on-year increase of 23.58% [4]. Group 3: Financial Support for the Real Economy - Of the 22.25 trillion yuan in funds managed by the trust industry, 28.81% was directly invested in the real economy, while 46.17% supported it indirectly through capital markets, totaling 16.68 trillion yuan [4]. - In 2024, the trust industry allocated 1.6 trillion yuan to inclusive finance, established 1,148 pension service trust projects with an investment of 14.493 billion yuan, and funded 289 rural revitalization projects with 4.304 billion yuan [5]. Group 4: Charity and Green Development - The charity trust sector saw a total of 2,244 registered cases with a cumulative scale of 8.507 billion yuan by the end of 2024, with new registrations increasing by 18.72% year-on-year [5]. - The green trust sector experienced rapid growth, with 390 new projects and a new scale of 177.944 billion yuan, bringing the total to 325.388 billion yuan [5]. Group 5: Talent Development - The trust industry emphasizes talent as a core driver of high-quality development, with a total workforce of 17,884 employees by the end of 2024, over 60% of whom are under 40 years old [6]. - The proportion of employees with master's degrees or higher is steadily increasing, reflecting the enhancement of talent quality within the industry [6]. Group 6: Future Outlook - The trust industry aims to continue enhancing its ability to serve national strategies and improve people's lives while maintaining a focus on compliance and innovation [6].

Core Insights - The trust industry in China has directed 16.68 trillion yuan towards the real economy as part of its social responsibility efforts, with a total of 22.25 trillion yuan in trust assets under management by the end of 2024 [1][2] Group 1: Financial Support to the Real Economy - 28.81% of the trust funds are directly invested in the real economy, while 46.17% are indirectly supporting it through capital markets, totaling 16.68 trillion yuan [2] - The trust industry has provided significant funding for national strategic projects, including 1.12 trillion yuan for the Belt and Road Initiative and 2.67 trillion yuan for the Yangtze River Economic Belt [2] Group 2: Social Welfare and Livelihood Support - In 2024, the trust industry allocated 1.6 trillion yuan to inclusive finance, established 1,148 pension service trust projects with an investment of 14.493 billion yuan, and funded 289 rural revitalization projects with 430.4 million yuan [3] Group 3: Green Trust Initiatives - The scale of green trust projects reached 325.3 billion yuan, with 390 new projects added in 2024, marking a 21.5% increase year-on-year [4] - Trust companies have implemented over 20 "dual carbon" target guidelines and conducted 46 training sessions on green trust, with 4,520 participants [5] Group 4: Charitable Trust Developments - By the end of 2024, the cumulative number of charitable trusts reached 2,244, with a total scale of 8.507 billion yuan, reflecting a year-on-year growth of 30.07% in new registrations [5]

而在肯尼亚，矿主奥马里向深圳采购一台7000美元的锂矿设备，需先将280万肯尼亚先令兑换为美 元（汇兑损失1.2%），再经纽约梅隆银行代理转账（耗时3天，手续费45美元）。最终因汇率波动，实 际多支付200多美元。 这两笔支付的强烈反差，揭示了全球金融治理的"百年变局"：金融强国的标准，已从"谁掌握主权 货币"转向"谁能提供更安全、低成本、普惠的跨境支付方案"。 2025年9月27日清晨，两笔跨越半球的支付同时发生： 在杭州，来自泰国的留学生阿珍用数字人民币App支付7元购买珍珠奶茶。后台依托"多边央行数字 货币桥"，31.28泰铢直接兑换为人民币，全程耗时4.2秒、手续费为0，未经过SWIFT（国际资金清算系 统）和美元中转。 这场"去美元化"暖流中，争议不断：美国彼得森研究所称"人民币缺乏完全可兑换性与深度离岸市 场"；而巴西央行指出，人民币已助其年省15亿美元汇兑成本。 中国能否将这股"暖流"转化为未来的主流？关键在于用好"五把钥匙"；而每把钥匙的背后，都有数 据支撑、现实可行的破局路径。 钥匙一：贸易场景"双向奔赴"——把每笔订单变成人民币需求 核心逻辑：不追求全球替代，优先实现区域主导，通过"便利化 ...

Group 1 - The core viewpoint is that the source of incremental funds for China's capital market has undergone a transformative change, driven by the accumulation of significant social net wealth and low bank savings rates, leading to a shift towards capital market investments [1][8] - Liu Shijun emphasizes that the current economic challenges are primarily due to insufficient consumption rather than investment, highlighting a structural deviation in consumption patterns compared to international averages [2][3] - The need for structural reforms in three key areas is identified to effectively expand consumption, focusing on housing for new citizens, pension system reforms, and facilitating the flow of production factors between urban and rural areas [6][5] Group 2 - The capital market is expected to enter a new development phase, with a focus on nurturing large, globally competitive technology firms and a multitude of innovative small and medium enterprises [8] - Liu Shijun suggests that the capital market can enhance resource utilization efficiency, increase investors' income, and support pension expenditures in an aging society, thereby promoting consumption through wealth effects [8] - The recommendation includes implementing a balanced import-export strategy to enhance the international status of the RMB, shifting from a reliance on dollar reserves to increasing the use of RMB in global trade [8]

Group 1 - The importance of equity investment funds in the development of new productive forces is increasingly recognized, especially in the early stages of technological innovation [1] - Traditional financial services are inadequate to meet the current demands of technology-driven industrial development, necessitating a more integrated financial service system [1] - The trend of deep integration between finance and technology is irreversible, and embracing innovation is essential for modernizing finance and building a strong financial nation [1] Group 2 - Financial institutions, particularly state-owned banks, need to better integrate commercial, policy, and directional requirements to enhance innovation capabilities and service levels [2] - Expanding openness in the financial sector is crucial for improving resource allocation efficiency and international competitiveness [2] - Aligning with international high-standard economic and trade agreements will help streamline restrictive measures and enhance cross-border investment and financing [2]

Group 1 - The importance of equity investment funds in the development of new productive forces is increasingly recognized, especially in the early stages of technological innovation [1] - Traditional financial services are inadequate to meet the current demands of technology-driven industrial development, necessitating a more integrated financial service system [1] - The trend of deep integration between finance and technology is irreversible, and embracing innovation is essential for modernizing finance and building a strong financial nation [1] Group 2 - Financial institutions, particularly state-owned banks, need to better integrate commercial, policy, and directional requirements to enhance innovation capabilities and service levels [2] - Expanding openness in the financial sector is crucial for improving resource allocation efficiency and international competitiveness, aligning with high-standard international trade agreements [2]