今日提示 ·国务院新闻办公室将于2月4日上午10时举行新闻发布会，介绍锚定农业农村现代化、扎实推进乡村全 面振兴有关情况。 ·中证指数有限公司调整中证1000指数样本，2月4日收市后生效。 ·2月4日北京时间凌晨，思科全球直播2026人工智能大会。 ·智元机器人正式宣布，将于2月8日20:00全球直播全球首个大型机器人晚会《机器人奇妙夜》。 上证精选 ·2月3日，央行公布2026年1月中央银行各项工具流动性投放情况。1月，中期借贷便利（MLF）净投放 7000亿元，常备借贷便利（SLF）净投放-79亿元，其他结构性货币政策工具净投放641亿元。公开市场 业务方面，1月，公开市场国债买卖净投放1000亿元，7天期逆回购净投放1678亿元，中央国库现金管理 净投放-600亿元，其他期限逆回购净投放1000亿元。 ·广期所公告，自2026年2月5日结算时起，铂、钯期货合约涨跌停板幅度调整为20%，交易保证金标准 调整为22%。如遇上述涨跌停板幅度、交易保证金标准与现行执行的涨跌停板幅度、交易保证金标准不 同时，则按两者中幅度大、标准高的执行。 上证聚焦 ○中央一号文件发布提出拓展无人机物联网应用 中央一号文件《中共 ...

Core Insights - The industrial growth in Hebei is significantly driven by the rapid development of emerging industries, with a projected industrial added value growth of 7.9% in 2025, surpassing the national average by 2 percentage points, marking the best historical ranking at 6th nationwide [1] - The added value of strategic emerging industries increased by 11.0% year-on-year, outpacing the overall industrial growth by 3.1 percentage points, indicating a robust support for industrial growth from new sectors [1][2] - High-tech industries accounted for 25.5% of the added value in large-scale industries, reflecting a 3.2 percentage point increase from the previous year, showcasing the growing importance of technology in industrial development [1] Emerging Industries Development - The successful launch of the "Xiong'an No. 1" satellite symbolizes the rise of a burgeoning aerospace information industry chain in Hebei, with over 60 companies now operating in this sector [2] - Continuous enhancement of technological innovation capabilities is identified as a core driver for industrial development, with a collaborative effort from enterprises, universities, and society to foster an innovative ecosystem [2][3] - The biopharmaceutical sector is highlighted as a strategic emerging industry, with local pharmaceutical companies achieving significant milestones in innovation, including the approval of three class 1 innovative drugs in 2025 [3] Policy and Support Mechanisms - A comprehensive and robust policy framework is credited for the thriving state of emerging industries, with measures in place to support innovation and integration across various sectors [3][4] - The establishment of the "Huiying Data (Huailai) Technology Industrial Park" aims to support the development of AI, finance, and IT industries, with a focus on creating a green, zero-carbon data center cluster [3][4] - The new generation information technology industry saw an 11.6% increase in added value, contributing 0.4 percentage points to the overall industrial growth, while the renewable energy sector grew by 13.4%, adding 0.3 percentage points [4] Future Outlook - Hebei is strategically positioning itself in key emerging industries such as new generation information technology, renewable energy, and new materials, aiming to accelerate the growth of these sectors [5] - The robotics industry in Hebei has shown remarkable growth, with a 42.5% increase in revenue across the entire industry chain in 2025, maintaining over 40% growth for three consecutive years [4] - The focus on core technologies and continuous optimization of the innovation ecosystem is expected to further enhance the growth trajectory of emerging industries in Hebei [5]

Group 1 - International precious metal prices have rebounded significantly, with spot gold rising over 7% at one point and currently up 6.44% at $4956.21 per ounce, while COMEX gold futures are up 6.68% at $4963.5 per ounce. Spot silver has increased by 8.03% to $85.46 per ounce, and COMEX silver futures are up 9.85% at $84.6 per ounce [2][4]. - The U.S. stock market saw all three major indices close lower, with the Dow Jones down 0.34%, Nasdaq down 1.43%, and S&P 500 down 0.83%. Notably, popular tech stocks experienced declines, with Broadcom dropping over 3% and Microsoft, Nvidia, and Meta each falling over 2% [4]. - The international oil prices have collectively risen, with WTI crude oil up 3.12% at $64.08 per barrel and Brent crude oil up 2.88% at $68.21 per barrel [4]. Group 2 - The Central Committee of the Communist Party of China and the State Council released the No. 1 Central Document for 2026, focusing on agricultural modernization and rural revitalization, emphasizing the need for technological innovation in agriculture and the promotion of breakthrough varieties [6]. - The Ministry of Industry and Information Technology of China is pushing for breakthroughs in future industries such as 6G, quantum technology, and bio-manufacturing, highlighting the importance of strategic planning and technological supply [8]. - The People's Bank of China announced it will conduct a buyout reverse repurchase operation of 800 billion yuan to maintain ample liquidity in the banking system, with a term of three months [9]. Group 3 - A couple in Zhejiang has been criminally charged for extortion related to a recent online incident involving contaminated vegetables, with the local police confirming the ongoing investigation [10]. - A significant number of reservations were made for the Lingyin Temple after it announced free entry, but 380,000 people failed to show up, prompting the temple to revise its reservation policies [11]. - Recent rumors regarding potential increases in VAT rates for the gaming and financial sectors have been dismissed by experts, who confirmed that no such changes are currently planned [12].

新年伊始，具身智能、商业航天等未来产业赛道捷报频传。自变量机器人完成10亿元融资，优必选明确 年内工业人形机器人产能将达万台规模，小鹏汇天自主研发的飞行汽车进入量产冲刺阶段，脑机接口领 域实现从实验室攻关到规模化量产的关键跨越…… （文章来源：人民日报） 一个个硬核成就落地生根，一项项技术突破底气充盈，生动印证着我国未来产业正加速奔跑、强势崛 起，呈现良好发展势头。 未来产业具有前瞻性、战略性、颠覆性等特点。近年来，新一轮科技革命和产业变革加速演进，前沿技 术不断涌现，未来产业成了一个热词。何为"未来"？其核心在于立足当下、锚定长远的战略属性与引领 价值，既承载着科技革命与产业变革的前沿方向，更支撑着未来经济社会高质量发展的新动能。 培育发展未来产业，是为当下计，更是为国家之未来谋。未来产业蓄势发力，对于抢占科技和产业制高 点、把握发展主动权，对于发展新质生产力、建设现代化产业体系，对于提高人民生活品质、促进人的 全面发展和社会全面进步，都具有重要意义。 要扎根实体经济，筑牢发展根基。造船业三大指标领跑全球，背后是船企用上AI大脑助力生产经营； 低空经济深度融入民生服务，深圳无人机配送外卖已覆盖多元场景；江苏 ...

Core Viewpoint - Investment advisors are optimistic about the A-share market in 2026, with nearly 90% expecting an upward trend, and a consensus forming around economic recovery and increased capital inflow [6][7][13]. Group 1: Market Outlook - 88% of investment advisors are bullish on the A-share market for 2026, with 58% expecting an index increase of over 5% [6][14]. - Advisors predict a structural market characterized by fluctuations, with 46% expecting repeated index oscillations and significant gains in certain sectors [14][16]. - The consensus on macroeconomic recovery is strengthening, with 80% of advisors holding optimistic or neutral views on the economy [10][33]. Group 2: Asset Allocation - 67% of advisors recommend increasing allocations to equities, with 68% favoring stocks in the first quarter of 2026 [21][19]. - Advisors are shifting from a focus on growth stocks to a more balanced approach, with 42% expecting growth and dividend styles to converge [16][19]. - High dividend stocks are gaining attention, with 37% of advisors considering them reasonably valued, reflecting a shift in market sentiment [18][19]. Group 3: Investment Strategies - The predominant strategy remains flexible thematic investment, with 47% of advisors advocating for this approach, while 29% are focusing on value investing [22][33]. - Advisors suggest maintaining a higher equity position, with 80% recommending a minimum of 50% equity allocation for clients [22][33]. - The preference for direct stock investments is increasing, with 47% of advisors suggesting this method [21][19]. Group 4: Client Performance and Sentiment - 82% of advisors reported that their clients achieved profits in 2025, a significant increase of 23 percentage points from 2024 [29][27]. - High-net-worth clients are showing increased confidence, with 19% planning to increase their investments, indicating a rising risk appetite [31][27]. - The sentiment towards gold investments is also positive, with 57% of advisors expecting gold prices to continue rising [25][26].

（上接1版） 同时，上海将促进国企民企高质量发展，实施新一轮国资国企全面深化改革，推动一批国有企业重组整 合、协同发展，加大存量资源盘活、国有控股上市公司市值管理力度，构建国资监管综合评价体系。 深入实施"人工智能+"行动 着力推进科技创新和产业创新深度融合是上海今年的另一项工作重点。上海将推进产业智能化、绿色 化、融合化发展。深入实施"人工智能+"行动，加强算力设施、行业语料、垂类模型等布局建设，推动 新一代智能终端、智能体等广泛运用，加快重点产业智能化改造，新增50家以上先进智能工厂，积极培 育智能原生新模式新业态。 "五个中心"联动发展 2026年上海将着力加强核心功能建设，持续提升"五个中心"能级。 2026年上海市政府工作报告提出，围绕"五个中心"建设，上海要强化联动发展、相互赋能，进一步增强 辐射带动能力。 在深化国际经济中心建设方面，上海将聚焦建设现代化产业体系，持续巩固壮大实体经济根基，在集成 电路、生物医药、人工智能等领域加快实施一批重大产业项目。同时，上海将积极支持智能网联新能源 汽车、海洋经济、低空经济、航空航天、卫星互联网等产业发展，培育特色数字产业集群，大力推动服 务业扩能提质、集聚 ...

龚正表示，接下来，上海将勇毅前行，努力为加快建成具有世界影响力的社会主义现代化国际大都市， 为中国式现代化建设作出新的更大贡献。 更大力度提振消费 加力扩大有效投资 2026年上海主要预期目标： GDP增长5%左右， 地方一般公共预算收入增长2%， 全社会研发经费支出占GDP4.6%左右 2025年，上海GDP 达到5.67万亿元，增长5.4% AI生成图 在深化国际金融中心建设方面： 上海将配合中央金融管理部门纵深推进金融体制改革，加强科创板制度建设，推动银行间和交易所债券 市场互联互通，探索构建离岸金融体系，提高跨境金融服务便利化水平，加快建设自主可控的人民币跨 境支付体系。 加强科创金融改革试验区和股权投资、并购、金融科技等集聚区建设，更大力度培育壮大长期资本、耐 心资本，完善产融对接机制，推动更多金融资源用于支持扩大内需、科技创新、先进制造、绿色发展和 中小微企业。 ◎记者 宋薇萍 严曦梦 在2月3日召开的上海市第十六届人民代表大会第四次会议上，上海市市长龚正作政府工作报告，回顾 2025年工作，明确2026年上海的任务书和施工图。 2026年上海市政府工作报告显示，2025年上海市生产总值达到5.6 ...

Core Viewpoint - The development of emerging and future industries is crucial for enhancing new productive forces in Sichuan, with a focus on sectors like artificial intelligence, biomedicine, commercial aerospace, quantum technology, and frontier biology [1] Group 1: Industry Development Strategies - Sichuan aims to accelerate the cultivation of emerging and future industries, which have shown strong momentum and vitality, contributing significantly to high-quality economic development [1] - The provincial government emphasizes the need for a forward-looking layout and integrated planning to seize technological and industrial development high ground, ensuring selected tracks are solid and advantageous [1] Group 2: Specific Industry Recommendations - The commercial aerospace sector is seen as a key area for Sichuan to leverage policy, capital, and technology to support local leading enterprises in pursuing the Science and Technology Innovation Board [2] - There is a call to build a national clean energy hub by capitalizing on hydropower opportunities, integrating resources from universities, leading enterprises, and research institutions to tackle core technologies [2] - The global photovoltaic industry is undergoing significant adjustments, presenting an opportunity for Sichuan to focus on key projects across technology, materials, equipment, products, and scenarios [2] - Sichuan's unique advantages in hydrogen energy development should be amplified through top-level design and policy coordination, focusing on key materials and core components [2] Group 3: Innovation and Collaboration - The biopharmaceutical industry is identified as a strategic emerging sector, with a need for improved collaboration among innovation elements and the establishment of high-level industry empowerment platforms [3] - Accelerating the integration of technological and industrial innovation is essential, with a focus on cultivating application scenarios and reforming innovation mechanisms [4] - The sensor industry is highlighted for its broad application potential, with a recommendation to foster a "demand-rich" ecosystem and prioritize local high-quality sensor products in major projects [4] Group 4: Talent and Ecosystem Development - Talent is deemed critical for the development of emerging and future industries, with suggestions for establishing a "green channel" for the introduction and evaluation of innovative talent teams [5] - The need for a comprehensive results transformation system in the medical and health industry is emphasized to enhance the efficiency of research and application transitions [5][6]

2月3日，北京人形机器人创新中心(以下简称"北京人形")宣布完成首轮超7亿元市场化融资。本轮投资 方包括北京市人工智能产业投资基金、亦庄国投、北京高精尖基金、华控基金等多家投资机构，并获得 百度在线网络技术(北京)有限公司、北京东土科技（300353）股份有限公司等产业方的战略投资。 北京人形相关负责人表示，本轮融资资金将重点投入于"具身天工"与"慧思开物"两大核心平台技术迭代 与规模化推广，进一步推动具身智能机器人向"全自主、更好用"演进。 "具身智能技术路径仍在快速演化中，企业形态已呈多元化发展，资本流向开始回归理性。然而，行业 仍需克服技术、成本与可靠性的多重瓶颈。在此过程中，资本、人才等资源必将进一步向那些具备底层 创新能力和场景落地潜力的头部企业集中。"首都企业改革与发展研究会理事肖旭在接受《证券日报》 记者采访时表示。 近年来，具身智能资本融资规模迅速扩大。中国信通院联合清华大学电子工程系正式发布的《具身智能 发展报告(2025年)》显示，截至2025年12月份，我国具身智能和机器人领域投资事件数达744起，融资 总额735.43亿元。 迈睿资产管理有限公司首席执行官王浩宇对《证券日报》记者表示， ...

集邦咨询最新研报预计，2026年全球人形机器人出货量将突破五万台，年增700%以上。 开源证券发布研报称，2025年人形机器人产业完成从"0-1"到"1-10"的跨越，核心驱动力在于"技术收 敛"；展望2026年，行业将突破"1-10"的关键拐点，向"10-100"规模化迈进，核心主题切换为"量产落地 与商业化提速"。 随着人形机器人快速发展，其动力问题也成为市场关注的焦点。"在人形机器人快速发展的同时，动力 系统的瓶颈问题也开始凸显。"西安工程大学产业发展和投资研究中心主任王铁山在接受《证券日报》 记者采访时表示，传统锂电池的能量密度、安全性与体积限制，成为人形机器人规模化应用的重要瓶 颈。 据悉，高镍三元锂电池(NMC/NCA)是当前机器人电池的主流选择。然而，受限于液态锂电池的能量密 度，以及人形机器人躯干空间、重量等因素，多数产品的续航能力集中在两小时到四小时，电池容量多 低于2kWh。如UnitreeH1的电池容量为0.864kWh，静态续航不足四小时；TeslaOptimusGen2搭载2.3kWh 高镍三元电池系统，也仅能维持约两小时的动态续航。 "人形机器人对动力系统有着极其严苛的要求，而当前 ...