转自：草原云 羊草具有抗寒、抗旱、耐碱、耐瘠薄、耐风沙等特点，是生态治理的优良草种，也是牛羊爱吃的"香饽 饽"。目前，通辽市羊草种植面积达到20万亩、干草产量12万吨，带动草原生态旅游和畜牧业稳定快速 发展。 引草入沙，在沙海变"绿洲"中让老百姓的"钱袋子"鼓起来，是通辽市生态与经济协同发展的一个缩影。 通辽市地处科尔沁沙地腹地，沙地区域面积5490.92万亩，占科尔沁沙地总面积的55.2%，是科尔沁沙地 主体区。几十年来，通辽市始终把防沙治沙、保护生态摆在突出位置，先后实施六期三北防护林体系建 设工程，实施了以北保护、中节水、南治沙为目标的"四个千万亩"生态工程及内蒙古通辽市科尔沁沙地 综合治理工程、科尔沁山水林田湖草沙一体化保护和修复工程等重大生态工程，累计投入生态建设保护 资金超400亿元，2066万亩严重沙化土地得到有效治理，荒漠化和沙化土地面积实现"双减少"，实现了 从"沙进人退"到"绿进沙退"的历史性转变。 每年9月迎来"塞外红"苹果丰收的季节，果农脸上洋溢着丰收的喜悦。 荒漠化不仅是生态问题，更是发展问题。"既要绿起来，也要美起来、富起来！"近年来，通辽市坚持走 生态建设产业化、产业发展生态化之 ...

Core Insights - The "Two Zones" construction in Beijing has achieved significant milestones over the past five years, with various districts showcasing their unique contributions and innovations in developing key industrial parks [3] Group 1: Innovation Policies and Economic Growth - Xicheng District has prioritized innovative policies to optimize the business environment, resulting in an average annual growth of 6.9% in the financial sector's added value, projected to reach 279.7 billion yuan by 2024, accounting for 34.3% of the city's total [4] - The district's financial institutions' asset scale is expected to grow by 6% annually, reaching 156.05 trillion yuan by 2024, representing 70.3% of the city's total [4] - Tax revenue from the financial sector in Xicheng is projected to reach 402.38 billion yuan by 2024, making up 67.7% of the city's total [4] Group 2: Talent Attraction and Industry Development - Fangshan District focuses on green energy as a key industry, with talent recruitment and training being crucial for its development [6] - The district has been approved as a new energy storage demonstration zone, with plans for 11 pilot projects and the establishment of a national technology transfer center for green energy [6][7] - Collaboration with various universities and research institutions aims to enhance the talent pool in the green energy sector [7] Group 3: Technological Innovation and Economic Diversification - Yanqing District is leveraging technological innovation and green development, focusing on low-altitude industries and establishing a unique development zone [8] - The district has introduced significant research initiatives, including the Beijing Hydrogen Aviation Innovation Research Institute, to advance hydrogen energy technologies [8] - A streamlined business environment is being created to facilitate the rapid development of the low-altitude economy [8] Group 4: Urban Transformation and New Consumption Models - Shijingshan District has transformed the Shougang Park from an industrial site into a vibrant urban space, attracting 48 foreign enterprises and achieving an annual output value exceeding 73 billion yuan [9] - The district has hosted numerous international events, enhancing its profile as a cultural and commercial hub [9] - Lize Financial Business District is developing innovative consumption scenarios, integrating high-end hotels and unique dining experiences to create a vibrant commercial atmosphere [10]

7月10日，北京"两区"建设五周年重点园区专场发布会召开。西城、丰台、石景山、房山、延庆五区亮 出建设成果，展现在国家服务业扩大开放综合示范区和北京自贸试验区政策赋能下，重点园区在产业升 级、开放创新、城市转型中的跨越式发展。五年来，各园区立足特色、差异发展，成为驱动首都高质量 发展的核心引擎。 丰台丽泽 多项首创性创新项目集群落地 丰台区副区长高崇耀介绍，五年来，丽泽入驻企业数量从572家增至1300余家，税收年均增速保持两位 数，"亿元楼宇"达13座，形成"金融筑基、科技赋能"的产业格局。 在丽泽，金融科技深度交融。瑞众人寿、中信证券资管等一批全国性标杆项目落地，中国通信服务、中 国广电等科技龙头集聚。从全国范围来看，丽泽率先落地多个数字人民币应用场景。银河证券"证券行 业数字人民币应用场景"等多个实践案例为金融业发展提供可推广的探索创新。 西城金融街 去年驻区金融机构资产规模占全市超七成 作为国家金融管理中心的核心承载地，西城区金融街五年间交出一份"含金量"十足的成绩单：西城区的 金融项目有208个纳入市级"两区"项目中，总金额超6200亿元，占全区项目总金额的80%以上。金融业 增加值2024年达27 ...

智通财经7月10日电，在7月10日例行新闻发布会上，商务部新闻发言人何咏前就欧盟领导人涉华"产能 过剩"相关言论回应表示，首先，衡量是否产能过剩，不能单纯以产量和出口量作为标准。其次，中国 新能源产业从全球视角和中长期看，并不存在所谓产能过剩，反而有产能缺口，欧方指责毫无道理。再 次，中方一直在按照市场经济规律推动传统产业转型升级，努力使内需成为拉动经济增长的主动力和稳 定锚。最后，中国的绿色产品非但没有冲击欧盟市场，反而助力欧盟绿色转型，令欧盟产业和消费者受 益。因此，过剩的不是中国的产能，恐怕是欧方因为长期研发投入不足、产业竞争力下降而引发的过度 焦虑。 何咏前表示，今年是中欧建交50周年，中欧之间将有重要高层交往议程，希望欧方不带情绪和偏见地看 待双方经贸关系，少指责、多沟通，少保护、多开放，少焦虑、多行动，凡事多商量，少去贴标签。中 方愿与欧方一道，以中欧建交50周年为契机，相互扩大双向市场准入，加强政府采购和出口管制对话， 深化产供链合作，推动世贸组织改革，支持世贸组织就产业补贴政策开展讨论，为构建开放型世界经济 注入更多稳定性、确定性和正能量。 商务部再回应所谓"产能过剩"论调 ...

Economic Overview - In the first half of 2025, Henan's economy is showing a positive trend, with a projected GDP growth of around 5.5%, which is above the national average [1][12] - The province's economic indicators are expected to demonstrate a continuous improvement, with a focus on high-quality development and stability [1][12] Economic Performance Characteristics - The GDP for the first quarter reached 14,945.58 billion yuan, with a year-on-year growth of 5.9%, which is 1.2 percentage points higher than the same period in 2024 [2] - Industrial output has shown significant growth, with a 8.4% increase in industrial value added from January to May, outperforming both Sichuan and the national average [2] - The service sector also performed well, with a 5.8% increase in the value added of the tertiary industry in the first quarter [2] Domestic Demand and Investment - Consumer demand has been robust, with retail sales reaching 11,820.14 billion yuan from January to May, a 7.5% increase year-on-year [3] - Fixed asset investment grew by 6.6% in the same period, maintaining the top position in central China [3] - Industrial investment surged by 29.5%, significantly higher than the national average [3] Innovation and New Industries - High-tech manufacturing value added increased by 15.5% from January to May, indicating strong growth in new industries [4] - The production of lithium-ion batteries and new energy vehicles saw remarkable growth, with increases of 89.9% and 38.6% respectively [4] - The technology transaction volume reached 105.3 billion yuan, a 136% increase, reflecting a vibrant innovation ecosystem [4] Foreign Trade and Investment - Henan's total import and export value grew by 27.0% from January to May, ranking third nationally [5] - The number of foreign trade enterprises increased by 11.5%, and foreign direct investment saw a 27.5% rise [5] - The logistics sector also experienced growth, with cargo and passenger transport volumes increasing significantly [5] Employment and Income - Employment policies have been prioritized, with over 56,520 new urban jobs created in the first five months [6] - The per capita disposable income for residents grew by 5.7% in the first quarter, above the national average [6] Strategic Focus and Future Outlook - The government is committed to maintaining economic stability and growth, with a focus on expanding domestic demand and enhancing market confidence [7][8] - Policies aimed at promoting consumption and investment are expected to yield positive results in the latter half of the year [13][14] - The overall economic trajectory for Henan is anticipated to remain positive, with key indicators expected to exceed national averages [12][23]

Core Viewpoint - The economic situation in Zhuzhou is showing positive growth, particularly in the manufacturing sector, with a focus on advanced manufacturing and emerging industries driving this progress [1][3]. Group 1: Advanced Manufacturing Development - Zhuzhou's advanced manufacturing sector has seen a significant increase, with the added value of advanced manufacturing growing by 10.7% from January to May, contributing 55.2% to the city's industrial output [3][4]. - The investment structure in Zhuzhou has fundamentally shifted, with industrial investment growth rising from 5.5% to 17.5% since 2020, now accounting for 60.4% of fixed asset investment [3][11]. - The city is committed to a "manufacturing first" approach, integrating manufacturing and research to enhance innovation and productivity [3][4]. Group 2: Emerging Industries Growth - Emerging industries in Zhuzhou are flourishing, with significant growth observed in sectors such as wind power, electronic equipment manufacturing, automotive manufacturing, advanced materials, and biomedicine, all achieving double-digit growth [7][8]. - The city is optimizing its industrial landscape to promote emerging industries, leveraging its industrial foundation and research capabilities to foster new sectors like new energy equipment and industrial software [9][10]. - The successful application of Beidou technology across various fields is a testament to Zhuzhou's ability to convert technological advantages into industrial strengths [9]. Group 3: Industrial Investment and Future Potential - Industrial investment in Zhuzhou has consistently increased, with a notable 17.5% growth this year, indicating strong confidence in the local business environment and future market prospects [11][12]. - The city has attracted significant strategic emerging industry projects, such as the carbon silicon semiconductor equipment production base and the CRRC "dual carbon" industrial park, which are expected to bolster the new industrial landscape [12]. - Zhuzhou's focus on green and low-carbon technologies is evident, with numerous projects recognized for their environmental sustainability, positioning the city for future economic advancements [12].

Group 1 - The BRICS cooperation mechanism has expanded, with Indonesia officially joining as a member in January 2023, and ten other countries becoming partner nations, which has generated significant interest among overseas Chinese communities [1][2] - Overseas Chinese in Indonesia have reported tangible benefits from BRICS membership, such as the ability to conduct business transactions in RMB and reduced cross-border transaction costs by approximately 30% [2] - The BRICS mechanism has facilitated faster project implementation in Indonesia, including the joint feasibility study for the Jakarta-Bandung high-speed rail extension [2] Group 2 - Thailand's participation in the BRICS partnership has enhanced interactions between Thailand and China, leading to increased investment opportunities and job creation for Thai youth [3] - Chinese enterprises have shown interest in Thailand's potential in new energy sectors, with a recent delegation visiting to explore investment opportunities [3] - The BRICS mechanism has improved the efficiency of business operations, including faster visa processing and logistics clearance for Thai-Chinese business interactions [3] Group 3 - The BRICS summit in Brazil attracted thousands of participants, highlighting Brazil's focus on green transformation and the interest of Chinese companies in renewable energy and smart grid solutions [4] - Chinese enterprises are providing reliable technology and cost-effective solutions to support Brazil's green development, filling market gaps [4] - The expanding BRICS cooperation offers overseas Chinese more opportunities to engage in various sectors, including digital economy, green technology, and cultural education [4] Group 4 - Overseas Chinese are actively participating in BRICS cooperation by enhancing local business operations, such as developing Indonesian language customer service systems [5][6] - The BRICS framework allows overseas Chinese to engage more directly in project bidding and partnerships, increasing their involvement in local economies [6] - Initiatives like the "BRICS Entrepreneurs Matching Week" are being organized to connect young entrepreneurs and investors from different countries [6] Group 5 - The BRICS mechanism is seen as a platform for civil society and youth engagement, with calls for establishing open digital economy cooperation and joint financing for green transitions [8][9] - There is a strong desire among overseas Chinese to enhance cooperation in key areas such as food security, energy transition, and digital technology [9] - Cultural exchanges, such as performances by Chinese artists in Brazil, are viewed as vital for fostering mutual understanding and cooperation among BRICS nations [9]

中新网长沙7月2日电(向一鹏 郭毅恒)7月2日，2025年"合规强链惠千企"企业国际化经营合规风险排查活 动在长沙举行，旨在依托贸促系统专业力量，通过强化企业合规软实力锻造其国际竞争硬实力。 合规建设是企业之需，也是当前企业管理体系之短。本次活动紧扣企业合规建设痛点，围绕清洁能源产 业链10余个跨境合规领域、100余个风险点，邀请权威合规专家系统剖析全球清洁能源合规趋势、解读 最新国际规则，为企业提供前沿洞察。每家参会企业将获得量身定制的国际化经营合规体检报告，实 现"一企一策"的精准风险识别与管理建议。 2025年"合规强链惠千企"企业国际化经营合规风险排查活动现场。湖南省贸促会供图 据悉，湖南省贸促会近三年持续开展"合规强链惠千企"行动，围绕湖南"4X4"现代化产业体系，举办多 场先进制造、健康生活、清洁能源等湖南优势产业链的合规风险排查专场活动，吸引近600家湖南企业 积极参与，为140家企业出具专属"合规体检报告"；同时通过举办"商法新视界"系列线上合规培训，已 本次活动由中国贸促会法律事务部、湖南省贸促会主办，聚焦清洁能源产业链专项合规，吸引湖南产业 链上下游140余家企业积极参与，通过专业"体检" ...

Group 1 - The central theme of the article revolves around the insights from a high-level meeting and the market sentiment in July, particularly in the technology sector [1][3]. - The sixth meeting of the Central Financial Committee focused on advancing the construction of a unified national market, emphasizing the need to address challenges such as low-price disorderly competition and to guide companies towards improving product quality [3][4]. - The policy direction for the second half of the year is expected to focus on reducing overcapacity and eliminating vicious competition, which has been highlighted in recent discussions and articles [3][4]. Group 2 - Specific industries that may benefit from the policy shift towards reducing internal competition and overcapacity include the new energy sector, automotive industry, traditional energy sectors like coal, and traditional manufacturing industries such as steel [4]. - The anticipated policy changes could lead to a reduction in supply while maintaining demand, potentially allowing prices to recover and improving financial performance for companies within these sectors [4].

证券研究报告 | 宏观专题研究 | 中国宏观 宏观专题研究 报告日期：2025 年 06 月 30 日 6 月 PMI：经济修复方向重于斜率，关注股债双牛兑现 —2025 年 6 月 PMI 数据解读 核心观点 6 月制造业采购经理指数（PMI）为 49.7%，较 5 月上升 0.2 个百分点，说明 经济维持修复态势，但 PMI 的变动幅度并不等同于经济的变动幅度，我们判 断后期经济基本面的不确定性或有所增加，特别是外贸修复的斜率与可持续 性。从结构上看，在构成制造业 PMI 的 5 个分类指数中，生产指数、新订单 指数均高于临界点，说明供需两端均有所改善，但从业人员指数低于临界点 且环比走弱，说明微观主体压力依然存在。 从重点行业看，总体维持活跃状态。6 月装备制造业、高技术制造业和消费品 行业 PMI 分别为 51.4%、50.9%和 50.4%，均连续两个月位于扩张区间。6 月 高耗能行业 PMI 为 47.8%，比上月上升 0.8 个百分点，景气水平有所改善。 大类资产方面，我们认为下半年市场或呈现股债双牛的结构。一方面，预计 中美经贸关系可能在震荡曲折中走向缓和，另一方面"类平准"基金兜底尾部 风险 ...