（来源：中国经济导报） 转自：中国经济导报 沈贞海 楚千会 金佳衡 今天，科技创新这个"关键变量"，正在金东转化为高质量发展的"最大增量"。 筑平台、强策源： 聚合创新"强磁场" 在金东，创新，不是孤立的技术突破。 面对大科学时代的竞争格局，金东通过打通"产学研用"链条，构建"强磁场"，让创新要素充分涌流。 "十四五"以来，一批标志性创新平台在金东落地生根。浙江大学金华研究院、浙江中医药大学金华研究 院相继获批省级新型研发机构。其中，浙江大学金华研究院信创中心成功承担国家级科技重大项目，实 现了金东在该领域"零"的突破；浙江中医药大学金华研究院的一项关键技术及产业化应用项目亦获得业 界相关荣誉。 五年深耕，金东蝶变。 "十四五"期间，浙江省金华市金东区（金义新区）锚定"打造增长极、建设新中心"战略目标，大干快 上、以干促上、实干至上，经济社会发展质量和水平实现了全新跨越，交出了一份高质量发展的时代答 卷。 "十四五"圆满收官，金东交出一份沉甸甸的"创新答卷"：国家高新技术企业从183家跃升至284家，市级 研发中心实现从100家到323家的跨越；规模以上工业企业研发投入强度持续高于4%，高新技术产业投 资增速 ...

Core Viewpoint - The article highlights a significant increase in U.S. non-farm employment in January, which has led to a shift in market expectations regarding the Federal Reserve's interest rate decisions, with a focus now on inflation trends rather than rate cuts [1][7]. Employment Data - The U.S. non-farm employment increased by 130,000 in January, significantly surpassing the expected increase of 70,000 and the previous month's increase of 50,000 [2][3]. - The unemployment rate fell to 4.3%, lower than the expected 4.4% and marking the lowest level since August 2025 [3][9]. Market Reactions - Following the employment data release, U.S. stock index futures rose, with the Dow Jones futures up by 0.51%, S&P 500 futures by 0.6%, and Nasdaq 100 futures by 0.88% [3]. - The U.S. dollar index saw a sharp increase, rising by 0.43% before narrowing its gains, while U.S. Treasury yields also increased, with the 2-year yield at 3.535%, the 10-year yield at 4.2%, and the 30-year yield at 4.83% [5]. Federal Reserve Expectations - Traders have adjusted their expectations for the Federal Reserve's interest rate cuts, moving the anticipated cut from June to July, with the probability of a 25 basis point cut in March dropping from 19.6% to 6% [1][9]. - The market is currently pricing in a total rate cut of 50 basis points for 2026, down from 60 basis points prior to the employment data release [7]. Labor Market Insights - The report indicates that sectors such as healthcare, social services, and construction saw job increases, while federal government and financial sectors experienced job losses [7]. - Specifically, the healthcare sector added over 123,000 jobs, manufacturing added 5,000 jobs, and private education added approximately 13,000 jobs, while the federal government reduced its workforce by 34,000 [7]. Analyst Perspectives - Analysts view the employment report as largely positive, with better wage and hours data being crucial for sustaining consumer spending [8]. - There are indications of tightening in the labor market, but analysts believe there is still a way to go before it fully stabilizes [8].

转自：永州发布 经济指标攀升进位 · 百亿以下县市区清零。 · 人均地区生产总值连破4万、5万元大关,达 到5.6万元。 · 全市经济运行均衡平稳,一季度强势开局、 二季度稳健运行、三季度承压筑底、四季 度回升向好,全年地区生产总值完成2829.58 亿元,增长5.6%、排全省第3位,增速高 于全省、好于全国。 · "十四五"期间经济增量超700亿元,年均 增长5.5%,高于全省0.3个百分点、高于全 国0.1个百分点。 · 金融机构存款余额迈上4000亿台阶。 · 社会消费品零售总额突破千亿大关,达 1096.6亿元,增长4.6%,排全省第5位。 · 重点服务业营收增长19.3%,排全省第3位。 产业发展向新向优 三次产业结构优化为16.8 :32.3 : 50.9。 农业"压舱石"作用稳固,粮食产量连续5 年稳定在60亿斤以上,供应粤港澳大湾区的 "荣篮子"认定基地达238个,居全省前列。 "永州之野"公用品牌影响力持续扩大,76 个农产品进入中直机关食堂,18个入驻上海 盒马鲜生,香港永州蔬菜馆正式开业。 工业"主引擎"支撑有力，规工企业新增70 家,达到1340家。 率稳定在50%以上,文体、科研等行 ...

但本次报告同时将2025年全年就业增长规模由最初报告的58.4万大幅下调至18.1万，基准修正幅度显著，表明去年劳动力市场的实际疲软程度远超 此前认知。 美国1月就业增长创下2024年12月以来新高，失业率意外降至4.3%，显示劳动力市场在经历疲弱的2025年后显现韧性。然而，劳工统计局同步进 行的年度基准修正，却大幅下修去年就业数据，令前期统计失真的程度进一步暴露。 当地时间周三，美国劳工统计局公布数据显示，1月非农就业人口增长13万人，大幅高于市场预期的6.5万人，创2025年4月以来最大增幅；失业率 小幅意外降至4.3%，预期和前值均为4.4%。平均时薪环比上涨0.4%，高于预期的0.3%及下修后的前值0.1%；劳动力参与率小幅升至62.5%，略优 于预期。 就业增长超预期但历史数据大幅下修 1月非农新增13万人，远超预期。此前多名白宫官员释放预警信号：贸易顾问彼得·纳瓦罗表示"必须大幅下调对月度就业数据的预期"，前白宫经 济顾问凯文·哈塞特亦对CNBC称"近期就业数据将略显疲软"。相关言论引导市场部分参与者形成低至3.5万人的预期，远低于6.5万人的共识中值。 与此同时，劳工统计局发布年度基准修正，将 ...

Job Growth Overview - The U.S. economy added 130,000 jobs in January, surpassing economists' expectations of 70,000 jobs [2] - The unemployment rate decreased to 4.3%, slightly better than the anticipated 4.4% [2] Revisions to Previous Reports - Revisions indicated that November's job gains were adjusted down by 15,000 from 56,000 to 41,000, and December's gains were revised down by 2,000 from 50,000 to 48,000, totaling 17,000 fewer jobs than previously reported for November and December [3] Sector Performance - Private payrolls increased by 172,000 jobs in January, significantly exceeding the LSEG estimate of 70,000 [4] - The manufacturing sector added 5,000 jobs, contrary to expectations of a loss of 5,000 jobs [6] - The healthcare sector saw a substantial increase of 82,000 jobs, with notable gains in ambulatory healthcare services (+50,000), hospitals (+18,000), and nursing and residential care facilities (+13,000), surpassing its monthly average of 33,000 jobs added in 2025 [6] - Construction firms added 33,000 jobs, primarily in nonresidential specialty trade contractors (+25,000), after a flat performance in 2025 [7] - The financial sector experienced a decline of 22,000 jobs, with a total loss of 49,000 jobs since its peak in May 2025, including a loss of 11,000 jobs in insurance carriers and related activities [7] Government Employment Changes - Government payrolls decreased by 42,000 jobs in January, with federal job cuts accounting for 34,000 and state job cuts for 18,000, partially offset by a gain of 10,000 jobs in local governments [5] - The federal workforce has decreased by 327,000 jobs since its peak in October 2024, representing a decline of 10.9% [5]

Group 1 - The U.S. national debt is approaching $36 trillion, significantly impacting the economy and diverting funds from infrastructure and education to debt repayment [2] - The rapid growth of debt since the 2008 financial crisis has resulted in an average debt burden of over $100,000 per American [2] - Economists warn that rising interest rates could lead to an additional annual interest expenditure of over $300 billion, further constraining other spending areas [4] Group 2 - The debt issue is a long-term result of policies such as large tax cuts and military spending, which have exacerbated the fiscal deficit [5] - The hollowing out of the manufacturing sector has led to a significant loss of factory jobs, dropping from over 17 million in 2000 to over 12 million currently, increasing reliance on imports [8] - The wealth gap is widening, with the top 1% holding 30% of the wealth while the bottom 50% only possess 2.4%, leading to decreased social mobility [8] Group 3 - Political gridlock between the two parties has stalled infrastructure legislation, further hindering economic growth [10] - China's rapid economic development is projected to surpass the U.S. GDP by 2028, accelerated by a more stable recovery from the pandemic [10][12] - China's manufacturing output has grown significantly, accounting for nearly 30% of global production, enhancing its competitiveness in global trade [12] Group 4 - The U.S. military spending accounts for 40% of global military expenditure, but involvement in conflicts has increased debt without yielding long-term benefits [14] - China's Belt and Road Initiative has invested $1.3 trillion in over 150 countries, enhancing its influence and support in developing nations [14][16] - China's high savings rate and investment in infrastructure, such as high-speed rail and renewable energy, contribute to its economic resilience [17][19] Group 5 - China's patent applications account for 38% of the global total, significantly aiding its technological advancement [19] - The U.S. faces challenges from its reliance on consumer spending, which constitutes 70% of its economy, while China focuses on long-term development [19] - The transition to green energy is progressing rapidly in China, with significant investments in renewable energy technologies [19] Group 6 - Some analysts believe that China's rise to surpass the U.S. may not be straightforward due to demographic challenges and a potential slowdown in growth rates [21] - China's debt levels have increased since the 2000s, posing a risk to its economic stability [23] - The U.S. dollar's status as a reserve currency is at risk if confidence wanes, which could lead to volatility in global financial markets [25] Group 7 - Future geopolitical tensions are expected to intensify, with the U.S. potentially using alliances to pressure China [27] - Economic strength is central to national competition, with both the U.S. and China facing internal challenges that could impact their global standing [27]

Group 1 - The core viewpoint of the article is that the stock price of the company is influenced by multiple factors including market sentiment, industry cycles, and macroeconomic environment [1] - The company is committed to continuously advancing its business development [1] - The company aims to enhance its profitability and development quality to promote long-term stable growth [1]

证券日报网讯2月11日，恒勃股份（301225）在互动平台回答投资者提问时表示，截至2026年2月10日， 公司股东人数为7036户。 ...

2026年美国经济会走出高增长、低就业的分裂行情，冷热分化会越拉越大 。 高盛等机构预测全年GDP增速约2.8%，远高于市场共识的2.0%；但失业率会稳定在4.5%左右，比2025 年底的4.6%略降但仍处高位，月度新增就业可能低至1.5万人，典型的"无就业增长" 。 这不是周期波动，是AI、减税、移民收缩叠加的结构性大变局，增长和就业彻底脱节，普通人感受和 宏观数据会严重错位 。 很多人会疑惑，经济好就该多招人，怎么会反过来？ 答案藏在三个关键变量里：AI把效率拉满，企业不增人也能扩产出；减税让资本更敢投技术而非人 力；移民收紧和老龄化让劳动力供给持续收缩 。 这三重力量拧在一起，让2026年的美国经济变成"看着热闹，跟你无关"的奇怪状态。 2026年的美国经济，行业、收入、区域的K型分化会更刺眼，好日子只属于少数人 。 高增长的动力，全来自"不用雇人"的新玩法 2026年美国经济的增长引擎，早就不是靠堆人堆产能的老路子 。 最大推力是AI驱动的生产率爆发，半导体、软件、新能源这些赛道疯狂扩产，AI重构研发、生产、客 服全流程，企业用更少的人做出更多产值，还能压成本 。 高盛测算，AI带动的生产率反弹，贡献 ...

| 交易日期 | | 证券代码 ---- | 成交价(元) 成交金额(万元) 成交量( *) 买入营业部 | | 卖出营业部 | 是否为专场 | | --- | --- | --- | --- | --- | --- | --- | | 026-02-11 | 万朗磁型 | 603150 61.75 | 487.83 7.9 | 委南通嘉勞贸有限 | 悬플是看到黑臭 | ко | 2月11日，万朗磁塑大宗交易成交7.9万股，成交额487.83万元，占当日总成交额的1.06%，成交价61.75 元，较市场收盘价61.75元持平。 ...