本报北京1月19日电近日，工业和信息化部等五部门联合印发《关于开展零碳工厂建设工作的指导意 见》，深挖工业和信息化领域节能降碳潜力，带动重点行业领域减碳增效和绿色低碳转型，培育发展新 质生产力。 零碳工厂作为绿色低碳、高质量发展的一种新模式、新形态，强调通过技术创新、结构调整和管理优化 等系统减排措施，充分挖掘减排潜力，实现厂区内二氧化碳排放的持续降低。 意见实施分阶段梯度培育，优先选择脱碳需求迫切、能源消费以电力为主、脱碳难度相对较小的行业先 行探索，逐步完善相关规划设计、能源供应、工艺技术、管理运营和商业模式，待条件成熟后再向碳排 放量强度高、脱碳难度大的行业逐步推进。 意见提出自2026年起，遴选一批零碳工厂，做好标杆引领；到2027年，在汽车、锂电池、光伏、电子电 器、轻工、机械、算力设施等行业领域，培育建设一批零碳工厂；到2030年，逐步拓展至钢铁、有色金 属、石化化工、建材、纺织等行业领域，探索传统高载能产业脱碳新路径。 （文章来源：人民日报） 据悉，零碳工厂不是绝对的"零"二氧化碳排放，而是在当前技术经济条件允许下，实现应减尽减并持续 改进提升，保持工厂二氧化碳排放最低水平。近年来，部分地区通过 ...

● 本报记者 杨洁 1月19日消息，工业和信息化部、国家发展改革委、生态环境部、国务院国资委、国家能源局近日联合 印发《关于开展零碳工厂建设工作的指导意见》，深挖工业和信息化领域节能降碳潜力，带动重点行业 领域减碳增效和绿色低碳转型。其中，提出2026年起，遴选一批零碳工厂，做好标杆引领。 《指导意见》主要目标为：实施分阶段梯度培育，优先选择脱碳需求迫切、能源消费以电力为主、脱碳 难度相对较小的行业先行探索，逐步完善相关规划设计、能源供应、工艺技术、管理运营和商业模式， 待条件成熟后再向碳排放量强度高、脱碳难度大的行业逐步推进。2026年起，遴选一批零碳工厂，做好 标杆引领。到2027年，在汽车、锂电池、光伏、电子电器、轻工、机械、算力设施等行业领域，培育建 设一批零碳工厂。到2030年，逐步拓展至钢铁、有色金属、石化化工、建材、纺织等行业领域，探索传 统高载能产业脱碳新路径。 率，加快技术改造和设备更新，实现过程脱碳；四是开展重点产品碳足迹分析，带动全产业链上下游落 实节能降碳措施，实现协同降碳；五是提升数字化智能化水平，开展能耗与碳排放数据的精准化计量和 精细化管控，实现智能控碳；六是开展碳抵销和信息披露 ...

零碳工厂建设是指通过技术创新、结构调整和管理优化等减排措施，实现厂区内二氧化碳排放的持续降 低、逐步趋向于近零的过程。工业和信息化部节能与综合利用司有关负责人提出，零碳工厂不是绝对 的"零"二氧化碳排放，而是在当前技术经济条件允许下，实现应减尽减并持续改进提升，保持工厂二氧 化碳排放最低。 1月19日消息，工业和信息化部、国家发展改革委、生态环境部、国务院国资委、国家能源局近日联合 印发《关于开展零碳工厂建设工作的指导意见》，深挖工业和信息化领域节能降碳潜力，带动重点行业 领域减碳增效和绿色低碳转型。其中，提出2026年起，遴选一批零碳工厂，做好标杆引领。 《指导意见》主要目标为：实施分阶段梯度培育，优先选择脱碳需求迫切、能源消费以电力为主、脱碳 难度相对较小的行业先行探索，逐步完善相关规划设计、能源供应、工艺技术、管理运营和商业模式， 待条件成熟后再向碳排放量强度高、脱碳难度大的行业逐步推进。2026年起，遴选一批零碳工厂，做好 标杆引领。到2027年，在汽车、锂电池、光伏、电子电器、轻工、机械、算力设施等行业领域，培育建 设一批零碳工厂。到2030年，逐步拓展至钢铁、有色金属、石化化工、建材、纺织等行业领 ...

Core Viewpoint - The release of the "Guiding Opinions on the Construction of Zero Carbon Factories" aims to enhance energy conservation and carbon reduction in the industrial and information sectors, promoting green and low-carbon transformation while fostering new productive forces. Group 1: Overall Requirements and Goals - The "Guiding Opinions" outlines overall requirements, stage goals, and implementation paths for zero carbon factory construction, focusing on energy conservation and carbon reduction potential in key industries [1] - A phased cultivation strategy is proposed, with a selection of zero carbon factories starting in 2026, expanding to various industries by 2030, including steel, non-ferrous metals, petrochemicals, and textiles [1] Group 2: Importance and Challenges - The establishment of zero carbon factories is crucial for achieving carbon peak and carbon neutrality, balancing high-quality development with environmental protection [2] - There are significant differences in understanding and implementation across regions and industries, with challenges such as inconsistent evaluation requirements and weak carbon emission accounting foundations [2] Group 3: Principles and Construction Paths - The construction of zero carbon factories will follow principles such as tailored strategies, systematic advancement, innovation-driven approaches, and transparency [3] - Six major construction paths are defined, including improving carbon emission accounting, accelerating green energy transitions, and promoting carbon footprint analysis and data management [3] Group 4: Source Reduction and Energy Supply - The "Guiding Opinions" encourages factories to achieve zero carbon energy supply while ensuring energy security, promoting the use of distributed renewable energy sources like solar and wind [3] - Factories are encouraged to develop industrial green microgrids and integrate various energy sources for efficient utilization [3]

《指导意见》提出了建设目标，自2026年起，遴选一批零碳工厂，做好标杆引领；到2027年，在汽车、 锂电池、光伏、电子电器、轻工、机械、算力设施等行业领域，培育建设一批零碳工厂；到2030年，逐 步拓展至钢铁、有色金属、石化化工、建材、纺织等行业领域，探索传统高载能产业脱碳新路径。 中新社北京1月19日电 (记者刘育英)中国工业和信息化部、国家发改委等五部门19日发布《关于开展零 碳工厂建设工作的指导意见》(简称《指导意见》)，提出到2027年，在汽车、锂电池、光伏、电子电 器、轻工、机械、算力设施等行业领域，培育建设一批零碳工厂。 零碳工厂建设是指通过技术创新、结构调整和管理优化等减排措施，实现厂区内二氧化碳排放的持续降 低、逐步趋向于近零的过程。中国部分地区已先行先试、积极探索零碳工厂建设，发布百余家(近)零碳 工厂名单。 工信部节能与综合利用司表示，零碳工厂涉及能源结构、工艺技术、资金投入、管理服务等多个方面， 不同地区、不同行业的具体路径、工作进展和实施难度差别较大，还面临着评价要求不统一、关键技术 有待验证、碳排放统计核算基础薄弱等问题困难，因此研究编制了《指导意见》。 （文章来源：中国新闻网） 《 ...

- The report discusses a rotation model that monitors micro-cap stocks and the "Mao Index" (茅指数). The rotation model uses the relative net value of micro-cap stocks to the Mao Index and their respective 20-day closing price slopes. When the slopes diverge and one is positive, the model suggests investing in the index with the positive slope to anticipate potential style shifts[17][23][24] - Timing indicators for micro-cap stocks are based on the 10-year government bond yield (threshold: 0.3) and the volatility crowding degree (threshold: 0.55). If either indicator reaches its threshold, a closing signal is triggered[23] - The macro timing model evaluates economic growth and monetary liquidity signals. For January, the model recommends a 60% equity allocation, with economic growth and liquidity signals both at 60%. The model's year-to-date return is 14.59%, compared to 26.87% for the Wind All-A Index[44][45][46] - Eight major stock selection factors are tracked, including quality, growth, and consensus expectations, which performed well in the past week. Quality and growth factors showed IC averages of 14.07% and 8.69%, respectively, while reversal and value factors underperformed[47][48][49] - Convertible bond selection factors are constructed based on the relationship between the underlying stock and the convertible bond. Factors include parity, floor premium rate, and financial quality of the underlying stock. Among these, the financial quality of the underlying stock achieved a high IC average last week[56][57][58]

Core Viewpoint - The article discusses the "Guiding Opinions on the Construction of Zero Carbon Factories" issued by the Ministry of Industry and Information Technology, emphasizing the importance of reducing carbon emissions through technological innovation, structural adjustments, and management optimization in industrial settings [2][3]. Summary by Sections Phase Goals - By 2026, a selection of zero carbon factories will be identified to serve as benchmarks [3]. - By 2027, a batch of zero carbon factories will be cultivated in industries such as lithium batteries, photovoltaics, automotive, electronics, light industry, machinery, and computing facilities, establishing an industrial ecosystem for zero carbon factory construction [3]. - By 2030, the initiative will expand to include industries like steel, non-ferrous metals, petrochemicals, building materials, and textiles, exploring new decarbonization pathways for traditional high-energy industries [3]. Construction Paths - Establish a carbon emission accounting management system to accurately quantify emissions and removals, including direct and indirect emissions from production activities [4][15]. - Accelerate the transition to a green and low-carbon energy structure, encouraging factories to utilize zero carbon electricity, heat, hydrogen, and fuel supplies [4][15]. - Significantly improve energy efficiency through systematic optimization of production processes, aiming for compliance with national energy consumption standards [4][16]. Supply Chain and Digitalization - Promote zero carbon supply chain management by analyzing carbon footprints of key products and improving carbon emission reduction across the entire supply chain [5][18]. - Enhance digital and intelligent management levels by establishing digital energy and carbon management centers using technologies like IoT and big data for precise measurement and control of energy consumption and emissions [5][19]. Carbon Offsetting and Reporting - Implement carbon offsetting strategies and information disclosure to achieve and maintain near-zero carbon emissions, including participation in cross-border carbon trading [5][19]. - Encourage regular publication of sustainability reports, ESG reports, and zero carbon factory construction reports to disclose carbon emissions and construction progress [6][19]. Implementation Requirements - Strengthen organizational implementation by local industrial and information departments to develop specific plans for zero carbon factory construction [20]. - Improve the standard system to provide scientific and reasonable technical bases for zero carbon factory management and evaluation [21]. - Promote comprehensive services for energy saving and carbon reduction, facilitating technology transfer and market services for industrial enterprises [21].

到2030年，将零碳工厂建设逐步拓展至钢铁、有色金属、石化化工、建材、纺织等行业领域，探索传统 高载能产业脱碳新路径，推广零碳工厂设计、融资、改造、管理等综合服务模式和系统解决方案，大幅 提升产品全生命周期和全产业链管理能力，实现工厂碳排放的稳步下降。 本报讯 （记者郭冀川）1月19日，工业和信息化部等五部门联合发布《关于开展零碳工厂建设工作的指 导意见》（以下简称《指导意见》），提出目标，实施分阶段梯度培育，优先选择脱碳需求迫切、能源 消费以电力为主、脱碳难度相对较小的行业先行探索，逐步完善相关规划设计、能源供应、工艺技术、 管理运营和商业模式，待条件成熟后再向碳排放量强度高、脱碳难度大的行业逐步推进。 《指导意见》提出，2026年起，遴选一批零碳工厂，做好标杆引领。到2027年，在汽车、锂电池、光 伏、电子电器、轻工、机械、算力设施等行业领域，培育建设一批零碳工厂，初步构建涵盖能源供应、 技术研发、标准制定、金融支持等的零碳工厂建设产业生态，有效适应国际贸易规则，增强产业低碳竞 争优势。 ...

Core Viewpoint - The article discusses the implementation of zero-carbon factory construction in China, emphasizing the government's commitment to promoting green and low-carbon development through a series of guidelines and policies aimed at reducing carbon emissions across various industries [1][2]. Group 1: Policy and Guidelines - On January 19, 2026, five government departments issued the "Guiding Opinions on Zero-Carbon Factory Construction," which outlines the selection of benchmark zero-carbon factories starting in 2026 [1]. - By 2027, the initiative aims to cultivate zero-carbon factories in sectors such as automotive, lithium batteries, photovoltaics, electronics, light industry, machinery, and computing facilities [1][5]. - The goal is to expand zero-carbon factory construction to industries like steel, non-ferrous metals, petrochemicals, building materials, and textiles by 2030, exploring new decarbonization pathways for traditional high-energy industries [1][5]. Group 2: Construction and Implementation - Zero-carbon factory construction involves continuous reduction of carbon dioxide emissions through technological innovation, structural adjustments, and management optimization [2][4]. - The construction path includes establishing a carbon emission accounting management system, transforming energy structures to be greener, enhancing energy efficiency, analyzing carbon footprints of key products, and improving digital intelligence levels for carbon control [5][6]. - The article highlights that various regions, including Tianjin, Shanghai, Jiangsu, and Guangdong, have begun pilot projects for near-zero carbon factories, with over a hundred near-zero carbon factory lists published [6]. Group 3: Challenges and Future Directions - The construction of zero-carbon factories is a complex and systematic project that involves multiple aspects such as energy structure, process technology, funding, and management services, with significant variations in implementation across different regions and industries [6]. - Challenges include inconsistent evaluation requirements, unverified key technologies, and weak foundations for carbon emission statistics, necessitating enhanced guidance and technical support [6]. - The Ministry of Industry and Information Technology plans to coordinate with other departments to promote the implementation of the guidelines and support high-quality progress in zero-carbon factory construction [6].

Core Viewpoint - The release of the "Guiding Opinions on the Construction of Zero Carbon Factories" aims to enhance energy conservation and carbon reduction in the industrial sector, promoting green and low-carbon transformation while fostering new productive forces [1][2]. Group 1: Overall Requirements - The initiative is guided by Xi Jinping's thoughts on ecological civilization and aims to integrate green energy with modern manufacturing, accelerating technological and industrial innovation to significantly reduce carbon emissions and strengthen green manufacturing [5][6]. Group 2: Principles of Zero Carbon Factory Construction - The construction of zero carbon factories will follow principles such as tailored strategies based on industry needs, innovation-driven approaches, continuous improvement in carbon reduction, and ensuring transparency and standardization in carbon emissions reporting [6][7]. Group 3: Main Goals - The plan includes phased cultivation of zero carbon factories, starting with industries that have urgent decarbonization needs and gradually expanding to more challenging sectors by 2030, with specific targets set for 2026 and 2027 [8]. Group 4: Construction Pathways - Key pathways for construction include establishing a carbon emission accounting system, transitioning to green energy sources, enhancing energy efficiency, analyzing carbon footprints of key products, leveraging digital technologies for carbon management, and implementing carbon offsetting and information disclosure [9][10][11][12]. Group 5: Work Requirements - Local industrial and information departments are encouraged to develop specific implementation plans for zero carbon factory construction, emphasizing collaboration among government, enterprises, and markets, while also enhancing the standard system to support effective management and evaluation of zero carbon factories [13][14].