由三亚市人民政府主办，《财经》杂志、财经网、《财经智库》、三亚中央商务区管理局、三亚经济研究院 承办的"三亚·财经国际论坛暨第五届三亚财富管理大会"12月27日在海南三亚举行，主题为"海南自贸港未来定位 及三亚新机遇"。 12月27日，中国创新金融研究院理事长、原阿布扎比国际金融中心及金融服务监管局中国首席代表傅诚刚在 大会上表示，海南自贸港发展离岸金融，需在制度供给与生态建设基础上紧密结合实体经济发展。 傅诚刚结合国际经验指出，海南既要背靠内地实体经济，更需放眼世界，有序推动资本、人才等要素顺畅流 动。 他谈到，海南需重点打造能吸引全球投资和人才的"名片经济"，例如引入顶级国际赛事及配套来华外籍人员 的旅居与消费项目，并发展教育、医疗及离岸服务贸易。同时，应利用自贸港政策，探索发展大宗商品现货等新 兴领域。他强调，自贸港与离岸金融必须与国际市场接轨，关键在于营造国际化生活环境与工作契机，吸引国际 人士聚集，进而带动高端服务业与跨境投融资发展。 以下为部分发言实录： 傅诚刚：非常高兴第三次参加三亚财经国际论坛。上午我们很多嘉宾从多角度分析海南自贸港发展，有一位 嘉宾提到了迪拜。我之前在阿联酋阿布扎比国际金融中 ...

Core Viewpoint - The current Chinese new consumption industry is in its early or growth stages, similar to the U.S. in the 1970s and Japan in the 1990s, with a low valuation level compared to historical levels in Japan and the U.S. [1] Group 1: Industry Insights - The new consumption sectors in China include retail discount, IP consumption, personal care, weight loss, medical beauty, and cultural tourism, all of which are developing [1] - Historical lowest PE ratio for stable performance in new consumption industries is approximately 10 times, while the highest PE ratio varies by sub-industry [1] - High-growth sectors like IP consumption and affordable dining can reach PE ratios of up to 100 times during favorable market conditions, while more stable sectors like retail discount and personal care can achieve around 30 times [1]

中新社北京12月15日电 (记者吕少威)北京市发展和改革委员会15日发布消息称，北京今年向民间资本公 开推介项目总投资超2300亿元(人民币，下同)。 从项目区域分布看，项目数量靠前的是房山区、石景山区、昌平区、平谷区、丰台区、延庆区，分别为 37个、11个、9个、9个、8个、8个；项目总投资靠前的是丰台区、通州区、大兴区、密云区、西城区、 房山区，分别约为181亿元、168亿元、148亿元、122亿元、98亿元、91亿元。 从民间资本参与方式看，股权投资项目66个，总投资约349亿元，拟吸引民间投资约161亿元；债权投资 项目10个，总投资约85亿元，拟吸引民间投资约10亿元；合作经营项目26个，总投资约632亿元，拟吸 引民间投资约128亿元；特许经营项目18个，总投资约40亿元，拟吸引民间投资约32亿元。(完) （文章来源：中国新闻网） 今年上半年，北京第一批面向民间资本公开推介项目119个，总投资约1244亿元。近期，北京再次梳理 筛选了一批科技创新、基础设施、公共服务、城市更新等领域符合首都城市功能定位、投资回报机制明 确、具备一定收益水平、有投资需求且条件相对成熟的项目，开展今年第二批面向民间资本 ...

北京（京津冀）的定位主要还是原始创新的策源地，聚焦国家战略科技力量，强化基础研究原始创新和关键核心技术攻关，聚焦像是人工智能、量子信息、 区块链等等，依托高校院所密集的优势，依托核心平台等创新型产业集群的示范区，主攻卡脖子环节，承担从0到1的突破功能。 中央经济工作会议明确了明年经济工作的总体要求和政策取向，部署了八项重点任务。其中的一项重点任务：坚持创新驱动，加紧培育壮大新动能。会议指 出：强化企业创新主体地位，完善新兴领域知识产权保护制度。这也为2026年工业领域发展指明方向，为工业经济高质量发展划定清晰路径。 建设三大国际科技创新中心：差异与互补？ 中央经济工作会议围绕明年经济工作部署多项重点任务，其中提到，部署建设三大国际科技创新中心，分别为北京（京津冀）、上海（长三角）、粤港澳大 湾区国际科技创新中心。部署建设三大国际科技创新中心，差异在哪？如何互补？ 北京师范大学教授 经济学专家万喆：三大区域在创新定位上存在着差异分工，避免同质化竞争，并且也注重梯次化，跟大的区域战略结合起来，形成协同 创新的合力。 上海（长三角）主要是应用创新引领区，突出高端制造与开放创新，侧重应用技术转化和产业链协同。比方说集 ...

Core Insights - The article highlights the unique cultural and economic development strategy of Sandu Autonomous County, leveraging its distinct water culture and equestrian traditions to promote tourism and local industries [1][2] Group 1: Cultural and Economic Development - Sandu Autonomous County is the only water autonomous county in China, emphasizing the integration of tradition and modernity, sports and cultural tourism, and protection and development [1] - The county has hosted 124 "Guizhou Village Horse" events in 2023, attracting over 1,600 riders and receiving more than 16 million tourists, generating a total tourism revenue of 15.2 billion RMB [2] Group 2: Industry and Employment Impact - The "event economy" has stimulated the overall economy, increasing the number of horses to 4,200 through policies like "awards instead of subsidies," and fostering various equestrian-related industries [2] - The development of equestrian culture has led to the creation of over 200 cultural products, including horse-themed clothing and coffee, with sales reaching 50 million RMB, and has provided an average income increase of 3,000 RMB for over 30,000 local residents [2] Group 3: Educational and Collaborative Initiatives - A riding school has been established, training over 500 professionals, including riders and veterinarians, to support the growing equestrian industry [2] - The county has actively promoted "Guizhou Village Horse" in cities like Shanghai and Inner Mongolia, collaborating with the China Equestrian Association to enhance its tourism offerings [2]

Core Viewpoint - The People's Bank of Beijing and various municipal departments have jointly issued an implementation plan aimed at boosting and expanding consumption in Beijing by 2030, outlining 18 specific measures across six key areas [1][2]. Group 1: Financial Support for Consumption - The implementation plan emphasizes increasing financial support for key areas such as commodity consumption, cultural tourism, sports consumption, and resident service consumption, including accommodation and dining [2]. - It aims to innovate financing models and increase credit investment to support consumption infrastructure and the commercial circulation system [2]. Group 2: Support for Specific Groups - The plan includes policies to support small and micro enterprises, individual businesses, and other entities with strong employment capabilities through measures like interest subsidies for first-time loans and entrepreneurial guarantee loans [2]. - It also focuses on optimizing financial services for the elderly population, providing comprehensive financial services tailored to different stages and characteristics of aging groups [2]. Group 3: Payment Services and Consumer Environment - The plan aims to enhance payment services in key consumption scenarios and commercial districts, improving the consumption experience for foreign visitors in Beijing [2]. - It emphasizes the need for policy coordination to cultivate a favorable environment for consumption [1].

Core Insights - The People's Bank of China and 12 departments issued a plan to enhance consumer finance in Beijing, aiming to establish a diversified consumer financial service system by 2030, injecting strong financial momentum into the consumer market [1][5] Group 1: Consumer Financing Support - The plan emphasizes increased credit support for goods consumption, directly benefiting large purchases like automobiles and home appliances [3] - Financial institutions are encouraged to optimize loan issuance ratios, terms, and interest rates for automotive purchases, including waiving penalties for early loan settlements during trade-ins [3] - There will be enhanced financial support for new energy vehicle purchases and favorable loan rates for home appliances and smart home products [3] Group 2: Cultural and Sports Consumption - The plan supports financial innovation in cultural, sports, and hospitality sectors, leveraging Beijing's "Double Olympic City" status [3] - Financial products will be developed around events and the ice and snow economy, including ticket revenue rights pledging and various promotional activities in dining and tourism [3] Group 3: Employment and Small Business Support - The plan highlights the importance of job creation and income growth, continuing to implement interest subsidies for first-time loans to small and micro enterprises [4] - It aims to support entrepreneurship through guaranteed loans and seek central government funding for eligible individuals and businesses [4] Group 4: Financing Structure and Investment - The plan aims to create a diversified financing system combining credit, bonds, and equity, supporting quality enterprises in the consumer industry to raise funds through listings and other means [4] - It encourages social capital investment in key service consumption areas and supports financial companies in issuing bonds to expand consumer credit [4] Group 5: Long-term Market Impact - The plan is designed to boost short-term consumption while focusing on long-term system construction, expected to lower financing costs and stimulate market activity [5] - As initiatives are implemented, consumers will benefit from more convenient financial services, and businesses will receive increased funding support [5]

Core Insights - The implementation plan aims to enhance and expand consumption in Beijing, targeting a diversified consumer finance service system by 2030, which will inject financial vitality into the city's development as an international consumption center [1][3] - The plan includes specific measures to support consumer credit for major purchases like automobiles and home appliances, providing benefits such as interest rate reductions and waiver of penalties for early loan settlements [1][2] Group 1: Consumer Financing Support - The plan emphasizes increasing credit support for goods consumption, particularly in the automotive sector, by establishing reasonable loan issuance ratios, terms, and interest rates [1] - Financial institutions are encouraged to innovate financial products tailored to various car purchasing scenarios, including first-time buyers and trade-ins, with a focus on new energy vehicles [1][2] - Consumers in the home appliance and smart home sectors will benefit from favorable rates on consumer loans and credit card installments, with financial institutions participating in promotional activities to reduce costs for consumers [1] Group 2: Cultural and Sports Consumption - The plan supports financial innovation in the cultural and sports sectors, leveraging Beijing's "Double Olympic City" advantage to enrich financial products around events and the ice and snow economy [2] - Financial institutions are encouraged to collaborate with cultural and hospitality businesses to offer diverse promotional activities, such as discounts and credit card rewards [2] - The initiative aims to develop unique cultural and dining districts in key urban areas to enhance consumer experiences [2] Group 3: Employment and Entrepreneurship Support - The plan highlights the importance of job creation as a foundation for consumption growth, with measures to support small and micro enterprises through interest subsidies on initial loans [2] - It emphasizes the implementation of entrepreneurial guarantee loan policies and seeks to secure central government funding to support eligible individuals and businesses [2] Group 4: Financing System Development - The plan outlines a multi-faceted financing system involving credit, bonds, and equity to support quality enterprises in the consumption industry through public listings and other financing methods [3] - It encourages social capital investment in key service consumption areas and promotes private equity and venture capital investments in early-stage companies [3] - Financial institutions are supported in issuing financial bonds to expand consumer credit scale and are encouraged to collaborate with social and live e-commerce platforms to meet financing needs [3]

Core Insights - The People's Bank of China Beijing Branch, along with 12 other departments, issued an implementation plan to support the expansion of consumption in Beijing, aiming to enhance financial services in the consumption sector by 2030 [1][2] Group 1: Financial Support for Consumption - The implementation plan emphasizes the need for quality enterprises in the consumption industry to finance through public offerings and "New Third Board" listings [1] - It aims to increase the loan balance for sectors such as accommodation, catering, cultural tourism, education, and elderly services, while enhancing the quality and efficiency of personal consumption financial services [1] - The plan sets a goal to establish a diversified consumption financial service system to support Beijing's development as an international consumption center [1] Group 2: Credit Support and Financial Products - The plan calls for increased credit support for consumer goods, particularly in the automotive sector, by optimizing loan issuance ratios, terms, and interest rates [2] - Financial institutions are encouraged to innovate financial products tailored to various car purchasing scenarios, including first-time purchases and trade-ins, with a focus on electric vehicles [2] - There is a push for financial institutions to meet consumer demand in areas like home appliances, green smart home renovations, and electronics through various promotional activities [2] Group 3: Equity Financing and Investment - The plan supports equity financing for quality enterprises in the consumption industry through public listings and private equity investments [2] - It encourages social capital to invest in key service consumption areas, utilizing "long-term capital" and "patient capital" to meet the financing needs of long-cycle consumption industries [2] - The role of private equity and venture capital funds is highlighted to increase investments in seed and early-stage enterprises [2]

Core Viewpoint - The People's Bank of China and 12 other departments have issued a plan to enhance and expand consumption in Beijing, aiming to establish a diversified consumer finance service system by 2030, which will support the city's development as an international consumption center [1][2]. Group 1: Consumer Finance Support - The plan emphasizes increasing credit support for commodity consumption, particularly benefiting large purchases like automobiles and home appliances [1]. - For automotive consumption, the policy suggests reasonable determination of loan issuance ratios, terms, and interest rates, along with waiving penalties for early loan settlements during trade-in processes [1]. - Financial institutions are encouraged to innovate financial products tailored to various car purchasing scenarios, especially for new energy vehicles [1]. Group 2: Cultural, Tourism, and Sports Consumption - The plan supports financial institutions in developing diverse financial products around events and the ice and snow economy, including exploring financing models like "ticket revenue rights pledge" [2]. - In the dining sector, the plan promotes collaboration between financial institutions and hospitality businesses to offer various discounts and rewards, enhancing consumer engagement [2]. - It aims to create distinctive cultural and tourism consumption districts and dining clusters in key urban areas [2]. Group 3: Employment and Entrepreneurship Support - The plan highlights the importance of employment growth as a foundation for consumption increase, focusing on providing financial services to small and micro enterprises and individual businesses [2]. - It includes measures for interest subsidies on initial loans for small businesses and encourages entrepreneurship through guaranteed loans and central financial support [2]. Group 4: Financial Supply-Side Reform - The plan aims to construct a diversified financing system encompassing credit, bonds, and equity, supporting quality enterprises in the consumer industry to raise funds through listings and other means [3]. - It encourages social capital investment in key service consumption sectors and promotes private equity and venture capital investments in early-stage companies [3]. - Financial institutions are supported in collaborating with social and live e-commerce platforms to meet the financing needs of merchants and consumers [3]. Group 5: Long-term Impact - The plan is designed to stimulate short-term consumption while focusing on long-term system construction, expected to lower financing costs and invigorate the consumption market [3]. - As the measures are implemented, consumers will benefit from more convenient and favorable financial services, while consumption enterprises will receive increased funding support [3].