注：如提及个股仅供参考，不代表投资建议。指数/基金短期涨跌幅及历史表现仅供分析参考，不 预示未来表现。市场观点随市场环境变化而变动，不构成任何投资建议或承诺。文中提及指数仅供参 考，不构成任何投资建议，也不构成对基金业绩的预测和保证。如需购买相关基金产品，请选择与风险 等级相匹配的产品。基金有风险，投资需谨慎。 民生证券指出，资本市场服务科技创新的步伐不断加快，含"科"量显著上升。目前，A股科技板块 市值占比超过四分之一，已明显高于银行、房地产行业市值合计占比。市值前50名公司中科技企业 从"十三五"末的18家提升至当前的24家。这一变化反映出资本市场对科技创新的支持作用日益凸显，科 技创新企业在资本市场的推动下不断发展壮大，进而提升了中国资产的整体吸引力。 科创板100ETF（588120）跟踪的是科创100指数（000698），涨跌幅达20%，该指数从科创板市场 中选取市值较大、流动性较好的100只证券作为指数样本，覆盖了新一代信息技术、生物医药、新材料 等多个高新技术产业和战略性新兴产业领域，以反映科创板市场中优质企业的整体表现。 （责任编辑：董萍萍 ） 【免责声明】本文仅代表作者本人观点，与和讯网无关 ...

Core Viewpoint - The article highlights the achievements and future directions of the Henan Provincial Government Investment Fund in promoting industrial development and innovation through strategic investments and collaborations [1][5]. Investment Fund Overview - As of now, the Henan Provincial Government has established 24 funds, including emerging industry investment guidance funds and angel investment guidance funds, with a total planned scale of 226.87 billion and an accumulated investment of 116.15 billion [3]. - The funds have directly invested in 1,506 projects, covering key areas such as innovation, small and medium enterprises, industrial transformation, and public services [2][3]. Fund Matrix and Strategic Layout - The investment fund matrix has been expanding, with significant funds established to support strategic emerging industries and future industrial layouts [4]. - In 2021, a 150 billion emerging industry fund and a 15 billion entrepreneurial investment fund were set up to bolster strategic emerging industries [4]. - The establishment of the Henan Innovation Investment Group in 2022 aims to serve as a platform for technology transfer and investment in emerging industries [4]. Role in Technological Innovation and Industry Development - The government investment fund plays a crucial role in driving technological innovation and supporting industrial development, linking local resources with national and international innovation hubs [5]. - The fund has significantly invested in strategic emerging industries, with over 80% of projects focusing on key industrial chains [5]. Future Directions - The Henan Provincial Government Investment Fund aims to attract more long-term and patient capital by connecting with national funds and industry leaders [6][7]. - The fund will focus on four key areas: linking with national funds, collaborating with market-oriented investment institutions, enhancing financial services, and deepening provincial and municipal cooperation [8].

毕利军在表态发言中表示，协会将以政府相关部门的指导支持为核心动力，立足协会宗旨与行业发展特 点，努力将协会建设成为"资源精准对接的平台""立体化支持的港湾"与"展示与激励的舞台"，积极主动 讲好"她故事"，助力湾区科创事业再上新台阶。 广州市湾区新经济女科创家协会的成立，填补了区域女性科创资源整合的空白。未来，协会将紧扣广州 高质量发展战略部署，以服务会员、赋能产业为核心，常态化开展行业调研、政策宣讲、资源对接等活 动，推动女性科创力量深度参与湾区产业升级、科技自立自强、民生服务改善等工作，为广州培育新质 生产力、实现高质量发展注入"她动能"。 据介绍，广州市湾区新经济女科创家协会聚焦新经济领域女性科创群体，以提升广州女性科技从业者创 新能力与竞争力为核心，围绕服务党和会员，维护会员权益，搭建政企桥梁，助力女性科创人才发展。 截至目前，协会已吸纳涵盖战略性新兴产业、数字科技、生物医药等领域的多位女性科创带头人，形成 专业结构多元、实践经验丰富的初始会员矩阵，吸纳会员超130名。 南都N视频记者从广州市妇联获悉，近日，广州市湾区新经济女科创家协会第一次会员大会暨成立大会 顺利举行。大会通过选举产生第一届理事会成 ...

Group 1: Ecological Protection and High-Quality Development - The Yellow River Basin is a crucial ecological security barrier and an important area for population activities and economic development in China [1] - Since the implementation of the ecological protection and high-quality development strategy, the ecological environment quality in the Yellow River Basin has steadily improved, with significant highlights in high-quality development [1][2] - The 20th National Congress proposed optimizing the ecological protection and high-quality development mechanism in the Yellow River Basin [1] Group 2: Agricultural Development - The Yellow River Basin contributes significantly to national food security, providing 35% of the country's grain, 32% of meat, 40% of poultry eggs, and 49% of milk [2] - Grain production capacity in the Yellow River Basin has steadily increased, with grain output rising from 155 million tons in 2000 to 248 million tons in 2024 [2] - The area of high-standard farmland in the basin reached 45.07% of total arable land by 2024, supporting stable grain production [2] Group 3: Agricultural Product Advantages - The construction of specialized agricultural product advantage zones has shown significant results, with diverse agricultural product clusters established along the Yellow River [3] - In 2023, the area of high-quality strong gluten wheat in Henan reached 15 million mu, accounting for nearly 30% of the national total [3] - The brand value of Shanxi's Qinzou Yellow Millet reached 12.072 billion yuan, significantly boosting local economies [3] Group 4: Green Agricultural Development - Efforts to reduce agricultural pollution and promote green fertilizers have led to a 90% coverage rate of soil testing and formula fertilization technology in Shandong [4] - The area of ecological agriculture demonstration zones has exceeded 50, showcasing the multiple values of ecological agriculture [4] Group 5: Industrial Development and Energy Transition - The Yellow River Basin is rich in natural resources, contributing to national energy security, with coal production accounting for about 80% of the national total [7][8] - The region has made progress in green and low-carbon industrial transformation, with a focus on renewable energy sources [10] - By 2024, Inner Mongolia's renewable energy installed capacity is expected to exceed 135 million kilowatts, producing over 200 billion kilowatt-hours of green electricity [10] Group 6: Ecological Environment Changes - The water quality of the Yellow River has improved significantly, with the main stream achieving Class II water quality for three consecutive years from 2022 to 2024 [13] - Water and soil loss has been effectively curbed, with the area of soil erosion reduced from 450,000 square kilometers to 245,800 square kilometers [14] Group 7: Cultural and Tourism Development - The Yellow River Basin is rich in cultural heritage, with 15 world cultural heritage sites and a significant number of intangible cultural heritage projects [18][20] - The region is developing a cultural tourism belt, promoting various themed tourism routes and enhancing regional collaboration [22][23]

Core Viewpoint - The State-owned Assets Supervision and Administration Commission (SASAC) highlights significant achievements in the high-quality development of central enterprises during the "14th Five-Year Plan" period, emphasizing resilience and progress in reform and development despite challenges [1]. Group 1: Operational Performance - Central enterprises' total assets increased from 68.8 trillion yuan at the end of the "13th Five-Year Plan" to 91 trillion yuan by the end of 2024, with an average annual growth rate of 7.3% [2]. - The value added and total profits generated by central enterprises during the "14th Five-Year Plan" are expected to grow by over 40% and 50%, respectively, compared to the "13th Five-Year Plan" [2]. - Key performance indicators such as labor productivity and return on net assets have shown continuous improvement [2]. Group 2: New Quality Productivity - Central enterprises are focusing on developing new quality productivity, with unprecedented efforts in strategic emerging industries [3]. - Cumulative investment in strategic emerging industries reached 8.6 trillion yuan during the "14th Five-Year Plan," significantly higher than during the "13th Five-Year Plan" [3]. - Revenue from strategic emerging industries is projected to exceed 11 trillion yuan in 2024, with an 8 percentage point increase in revenue contribution over the past two years [3]. - Central enterprises contributed over 10 trillion yuan in taxes and fees, accounting for approximately 80% of crude oil, 70% of natural gas, and 60% of electricity supply in recent years [3]. Group 3: Technological Innovation - Central enterprises have made significant breakthroughs in technological innovation, with R&D expenditure growing at an average annual rate of about 6.5%, exceeding 1 trillion yuan for three consecutive years [4]. - A total of 474 national-level R&D platforms and 8 national technology innovation centers have been established [4]. - Central enterprises have laid out 97 original technology sources in fields such as quantum computing and biotechnology [4]. - The innovation ecosystem has been optimized through incentives and support policies, promoting nearly 1,000 technology-based enterprises [4]. Group 4: Reform and Governance - The high-quality development of state-owned enterprises is supported by ongoing reforms, focusing on enhancing core functions and competitiveness [7]. - Six groups of 10 enterprises were restructured through market-oriented methods, and new enterprises such as China Star Network and China Electrical Equipment Group were established [7]. - The modern enterprise system has been further improved, with institutionalized governance and enhanced board and management practices [7]. - The SASAC plans to ensure high-quality completion of reform tasks while exploring new reform measures [7].

Core Insights - The central enterprises have significantly increased their total assets from less than 70 trillion yuan to over 90 trillion yuan during the "14th Five-Year Plan" period, with total profits rising from 1.9 trillion yuan to 2.6 trillion yuan, reflecting annual growth rates of 7.3% and 8.3% respectively [1][2] - The focus on technological innovation has led to R&D expenditures exceeding 1 trillion yuan for three consecutive years, with an increase in R&D intensity from 2.6% to 2.8% [3][5] - The central enterprises have made substantial investments in strategic emerging industries, totaling 8.6 trillion yuan, with significant advancements in fields such as integrated circuits, biotechnology, and new energy vehicles [7][8] Group 1: Financial Performance - Total assets of central enterprises have surpassed 90 trillion yuan, with profits increasing to 2.6 trillion yuan, indicating a strong financial performance [1] - The operating income profit margin has improved from 6.2% to 6.7%, showcasing enhanced efficiency [1] - The market capitalization of centrally controlled listed companies has exceeded 22 trillion yuan, marking a nearly 50% increase since the end of the "13th Five-Year Plan" [2] Group 2: R&D and Innovation - Central enterprises have established 474 national-level R&D platforms and 91 key laboratories, contributing to significant technological advancements [3][4] - The focus on overcoming key core technologies has led to breakthroughs in various fields, including aerospace and manufacturing [5] - The integration of technology and industry has been prioritized, facilitating a smooth transition from research to commercialization [4][8] Group 3: Strategic Development - The central enterprises are focusing on nine strategic emerging industries and six future industries, with a systematic investment approach [7] - The revenue from strategic emerging industries has exceeded 11 trillion yuan, with a notable increase in contribution to overall income [7] - The "AI+" initiative has been launched, with over 800 application scenarios identified, promoting digital transformation and sustainability [7][8]

Core Viewpoint - The central enterprises in China have significantly improved their quality of development during the "14th Five-Year Plan" period, with substantial increases in total assets, profits, and operational efficiency, while also focusing on strategic emerging industries and innovation [1][3][5]. Group 1: Financial Performance - Total assets of central enterprises increased from 68.8 trillion yuan to 91 trillion yuan, with an average annual growth rate of 7.3% [3]. - Total profits rose from 1.9 trillion yuan to 2.6 trillion yuan, with the operating profit margin increasing from 6.2% to 6.7% [3]. - Labor productivity improved from 594,000 yuan per employee to 817,000 yuan per employee [3]. Group 2: Investment in Emerging Industries - Investment in strategic emerging industries by central enterprises has an average annual growth rate exceeding 20% [5]. - By 2024, investment in strategic emerging industries is expected to account for over 40% of total investment, with revenue from these sectors approaching 30% [5]. Group 3: Innovation and R&D - Central enterprises have maintained R&D expenditures exceeding 1 trillion yuan annually for three consecutive years, with an average annual growth rate of 6.5% [9]. - The number of R&D personnel in central enterprises reached 1.44 million, accounting for one-fifth of the national total [9]. - Central enterprises have established 474 national-level R&D platforms and led 22 major national technology projects during the "14th Five-Year Plan" [10]. Group 4: Corporate Reforms and Governance - The restructuring of 10 enterprises into 6 groups and the establishment of 9 new central enterprises have optimized the layout and structure of state-owned enterprises [11]. - The implementation of modern corporate governance and market-oriented management mechanisms has been enhanced, with over 60% of management compensation linked to performance [11]. Group 5: Contribution to National Economy - Central enterprises have contributed over 10 trillion yuan in taxes and transferred 1.2 trillion yuan of state-owned equity to social security funds during the "14th Five-Year Plan" [8]. - They are responsible for approximately 80% of crude oil, 70% of natural gas, and 60% of electricity supply in China [7].

新华社北京9月17日电 题：砥砺奋进！"十四五"时期国资央企高质量发展迈出坚实步伐 新华社记者王希、王悦阳 国务院新闻办公室9月17日上午举行"高质量完成'十四五'规划"系列主题新闻发布会，介绍砥砺奋进"十 四五"，中央企业高质量发展情况。 国务院国资委主任张玉卓在会上表示，"十四五"时期，国资央企迎难而上、砥砺奋进，推动改革发展和 党的建设各项工作取得了开创性、历史性的重要成就。 经营质效保持稳中向好 数据显示，中央企业资产总额从"十三五"末的68.8万亿元增长到2024年底的91万亿元，年均增速达 7.3%；"十四五"期间中央企业创造的增加值、利润总额，预计将比"十三五"期间分别增长超过40%、 50%，全员劳动生产率、净资产收益率等指标不断改善。 "在国内外环境深刻变化、困难挑战增多的情况下，国有资产质量更优了、'家底'更厚了。"张玉卓说。 发展新质生产力，是推动高质量发展的内在要求和重要着力点。 "十四五"时期，国资央企坚守实体经济根基，新质生产力培育逐渐积厚成势：一方面，战略性新兴产业 发展力度空前；另一方面，产业转型升级步伐不断加快，高端化、智能化、绿色化正成为中央企业的鲜 明特征。 国务院国资委 ...

Core Viewpoint - The article highlights the significant progress made by central enterprises in China during the "14th Five-Year Plan" period, emphasizing high-quality development, increased asset and profit growth, and enhanced innovation capabilities. Group 1: Financial Performance - The total assets of central enterprises have exceeded 90 trillion yuan, growing from less than 70 trillion yuan, with total profits increasing from 1.9 trillion yuan to 2.6 trillion yuan, achieving annual growth rates of 7.3% and 8.3% respectively [2] - The operating income profit margin has improved from 6.2% to 6.7%, and labor productivity per person per year has risen from 594,000 yuan to 817,000 yuan [2] Group 2: R&D and Innovation - Central enterprises have maintained R&D expenditures exceeding 1 trillion yuan for three consecutive years, with the input intensity rising from 2.6% to 2.8% [3] - They have established 97 original technology sources and formed 23 innovation alliances, enhancing collaborative efforts in key technological breakthroughs [3] Group 3: Industrial Transformation - High-end, intelligent, and green characteristics are becoming prominent features of central enterprises, with significant investments in strategic emerging industries growing at an annual rate exceeding 20% [4] - The number of application scenarios has surpassed 800, and 1,854 smart factories have been established, with energy consumption and carbon emissions per unit of output decreasing by 12.8% and 13.9% respectively [4] Group 4: Tax Contributions and Market Impact - Central enterprises have contributed over 10 trillion yuan in taxes during the "14th Five-Year Plan" period and transferred 1.2 trillion yuan of state-owned equity to social security funds [5] - The market capitalization of centrally controlled listed companies has exceeded 22 trillion yuan, with cumulative cash dividends reaching 2.5 trillion yuan, marking a nearly 50% increase since the "13th Five-Year Plan" [6] Group 5: Capital Efficiency and Reforms - The efficiency of state capital allocation and operation has improved significantly, with strategic restructuring of 10 enterprises and the establishment of 9 new central enterprises [7] - By 2025, personalized indicators for assessing central enterprises will account for over 67% of the evaluation criteria, enhancing the precision and scientific nature of policy support [8] Group 6: Investment in Emerging Industries - Central enterprises have invested 8.6 trillion yuan in strategic emerging industries, significantly increasing investments compared to the "13th Five-Year Plan" [10] - Notable advancements have been made in fields such as integrated circuits, biotechnology, and new energy vehicles, with breakthroughs in humanoid robots and superconducting quantum computing [10] Group 7: Innovation Funds - The total scale of innovation funds established by central enterprises has approached 100 billion yuan, reflecting a strong commitment to fostering innovation [11]

Group 1 - The core viewpoint emphasizes the importance of specialized, refined, and innovative small and medium-sized enterprises (SMEs) in enhancing the stability of industrial and supply chains, as well as in driving economic and social development [1][2] - The Chinese government is actively supporting the development of specialized and innovative SMEs through various policies, including tax reductions, R&D incentives, and enhanced market access [2][4] - Specialized SMEs contribute significantly to the economy, accounting for over 60% of GDP, 70% of technological innovation, and 80% of urban employment in China [1] Group 2 - As of now, over 140,000 specialized and innovative SMEs have been cultivated in China, with 14,600 of them classified as "little giants," including nearly 5,000 from future industries like artificial intelligence and biomanufacturing [4] - The average R&D investment of specialized "little giant" enterprises exceeded 30 million yuan last year, with over 60% operating in industrial foundational sectors and more than 70% having been in their respective industries for over a decade [3] - The growth rate of value-added output for specialized "little giant" enterprises in the industrial sector increased by 8.7% year-on-year from January to July, surpassing the overall growth rate of large-scale industries by 2.4 percentage points [4]