Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Core Views - The State Council General Office issued a work plan to foster new growth points in service consumption, identifying key service - consumption areas such as transportation, household services, online audio - visual, sojourn, automotive aftermarket, and inbound consumption [2] - The Ministry of Industry and Information Technology emphasized that "anti - involution" is the main contradiction in the photovoltaic industry's governance and will use various means to promote its healthy development [2] - Trump stated that Putin agreed to a one - week suspension of air strikes on Ukraine, plans to announce the nomination for the next Fed Chair next week, and the US plans to reopen Venezuelan airspace [2] - As of the week ending January 29,螺纹产量 increased by 0.14% to 199.83 million tons, total inventory reached 475.53 million tons with a weekly increase of 23.43 million tons, and the apparent demand decreased by 4.92% to 176.40 million tons [2] - In 2025, global gold demand reached a record high of 5002 tons, with central banks net - buying 230 tons in Q4 (a 6% increase from the previous quarter) and 863 tons for the whole year [2] 3. Summary by Related Catalogs Hot News - The State Council General Office issued a work plan with 12 policy measures in three aspects to boost service consumption, targeting specific key areas [2] - The Ministry of Industry and Information Technology held a symposium on the photovoltaic industry, highlighting the need for "anti - involution" and using market - and law - based means for regulation [2] - Trump made statements about the Ukraine situation, Fed Chair nomination, and Venezuelan airspace [2] - Steel data shows changes in production, inventory, and demand for rebar as of January 29 [2] - The World Gold Council reported record - high global gold demand in 2025 and significant central - bank gold purchases [2] Key Focus - The report focuses on urea, synthetic rubber, polysilicon, crude oil, and PP [3] Night - session Performance - Different commodity sectors had various night - session performance, with the precious metals sector having a 39.21% increase, followed by the non - ferrous metals sector with 26.56%, and the coal - coke - steel - ore sector with 7.90% [3] Plate Position - The chart shows the changes in the positions of different commodity futures sectors in the past five days [4] Performance of Major Asset Classes - Different asset classes had different daily, monthly, and annual returns. For example, the Shanghai Composite Index had a daily increase of 0.16%, a monthly increase of 4.77%, and an annual increase of 4.77% [5] Main Commodity Trends - The report presents the trends of major commodities such as the Baltic Dry Index, CRB Spot Index, WTI crude oil, London spot gold, LME copper, etc., as well as the risk premium of the stock market [6]

Core Viewpoint - The State Council's recently released "Work Plan for Accelerating the Cultivation of New Growth Points in Service Consumption" aims to enhance service supply and promote quality service consumption through 12 policy measures across six key areas and three potential areas of development [1][5]. Group 1: Key Focus Areas - The six key service consumption areas identified are transportation, housekeeping, online audio-visual, travel and accommodation, automotive aftermarket, and inbound consumption [3]. - The plan emphasizes the integration of railway and tourism, proposing policies to enhance railway tourism services, develop themed trains, and support cruise consumption innovation [3]. - It aims to improve the quality of yacht consumption and related infrastructure, while also promoting night tours and immersive cruise products [3]. Group 2: Inbound Consumption - Inbound consumption is highlighted, with measures to extend the trial period for unilateral visa-free countries and enhance the convenience of entry and exit for foreign visitors [5]. - The plan aims to create high-quality international brands in tourism, healthcare, education, and wellness, while promoting the "Buy in China" brand and optimizing international payment services [5]. Group 3: Potential Development Areas - The plan identifies three potential development areas: performance services, sports event services, and emotional/experiential services [6]. - It proposes optimizing performance management and ticketing systems, while also encouraging the establishment of quality brands in performance and sports events [7][8]. - For emotional and experiential services, the plan suggests innovative regulatory approaches and the establishment of new consumption scenarios [8]. Group 4: Support and Assurance - The plan emphasizes the need for a robust support system to enhance consumer capacity and willingness, including the establishment of a standardized service industry framework [9]. - It calls for the development of credit systems in sectors like elderly care, housekeeping, and tourism, leveraging platforms like "Credit China" for better transparency [9]. - Financial support measures include optimizing loan policies for service industry entities and encouraging financial institutions to develop tailored products for service consumption [10].

（上接1版） 《方案》的印发旨在优化和扩大服务供给，促进服务消费提质惠民，为经济高质量发展提供有力支撑。 对企业而言，投资与创新方向更清晰，为企业开展经营活动提供了有力加持；对消费者而言，意味着可 选择的服务更多、质量更稳定、体验更丰富，尤其是在家政、旅居、文化娱乐等领域，将更好满足其个 性化、多样化和情绪价值需求。 展望未来，洪勇表示，服务消费仍将是我国扩大内需和促进高质量发展的重要引擎，其增长动力将更多 来自人口结构变化、生活方式升级和技术赋能。随着标准、监管和信用体系不断完善，服务供给质量提 升，服务消费将在稳增长、稳就业和改善民生中发挥更加基础性、长期性的作用。崔丽丽认为，服务消 费结构将持续升级、继续深化，同时技术发展与服务深度融合，促进产业迭代创新升级，中国服务品牌 也将有机会脱颖而出。 洪勇认为，目前部分服务消费领域标准体系、信用体系和监管规则尚不健全，影响消费者信心。并且服 务消费对时间、收入和场景依赖度高，居民预期和消费环境改善仍需持续推进。 同时也要看到，制约因素依然存在。在崔丽丽看来，目前限制服务消费发展的最核心矛盾是优质供给不 足与结构失衡：一方面，高品质、精细化、个性化的服务供给短缺 ...

Core Viewpoint - The State Council of China has introduced a plan to accelerate the cultivation of new growth points in service consumption, focusing on optimizing service supply and enhancing consumer experience through 12 policy measures [1][5]. Group 1: Key Service Consumption Areas - The plan identifies key service consumption sectors including transportation, housekeeping, online audio-visual services, travel, automotive aftermarket, and inbound consumption [2]. - Specific measures include developing policies to promote the integration of railways and tourism, enhancing the tourism transformation of train stations and trains, and improving infrastructure for yacht services [2]. Group 2: Inbound Consumption Initiatives - The plan aims to boost inbound consumption by extending the trial period for unilateral visa-free countries, expanding the scope of visa policies, and increasing the number of tax refund shops for departing tourists [2]. - It anticipates that by 2025, the number of inbound and outbound travelers will reach a historical high, converting inbound flow into tangible consumption growth [2]. Group 3: Development of Service Sectors - The plan proposes actions such as specialized training for housekeeping services, support for private capital in online audio-visual services, and the development of travel destination cities [2]. - It emphasizes the importance of optimizing service supply, promoting pilot programs, innovating consumption scenarios, and enhancing talent cultivation [2]. Group 4: Entertainment and Experience Services - The plan addresses the potential of entertainment services, proposing measures to optimize performance management, set safety capacity limits, and combat ticket scalping [3]. - For sports events, it suggests improving safety management and encouraging the introduction of international sports events [3]. Group 5: Regulatory and Support Measures - The plan highlights the need for innovative regulatory approaches for emotional and experiential services, advocating for a gradual improvement of regulatory requirements [4]. - It also calls for the establishment of a standard system, strengthening credit construction, and enhancing financial support to foster service consumption growth [5].

国务院新闻办公室于1月26日下午举行新闻发布会，商务部介绍2025年商务工作及运行情况，并答记者 问。一起关注—— 全年社会消费品零售总额首次突破50万亿元 全年社会消费品零售总额 首次突破50万亿元，达到50.1万亿元，增长3.7% ，消费对经济增长的贡献率 达到 52% ，提高了5个百分点。 优化实施消费品以旧换新，促进汽车、家电、数码和智能产品等大宗耐用商品消费。开展汽车流通消费 改革试点 ，进一步释放汽车消费潜力。开展好有奖发票试点工作。推动出台促进首发经济等一批务实 管用的政策举措。 加力培育服务消费新增长点 继续实施服务消费提质惠民行动，会同相关部门 推动提升文化娱乐、旅游休闲、餐饮住宿、体育赛 事、医疗健康等领域的供给水平 。 把握消费升级的趋势， 加力培育交通服务、家政服务、网络视听服务、旅居服务、汽车后市场服务、 入境消费等服务消费新的增长点 ，完善支持政策，推进先行先试，培育优质品牌，激发相关领域发展 活力，更好满足人民群众服务消费新需求。 以旧换新相关产品销售额2.61万亿元 扩围提质实施消费品以旧换新，汽车、家电、手机等相关产品销售额 2.61万亿元 ，惠及 3.66亿人次 。 限额以 ...

中新网贵阳1月28日电 (记者 周燕玲)从"走马观花"式游览到住下来慢慢生活，旅居正成为文旅发展的新 趋势。作为拥有丰富自然资源与良好气候的贵州，正加快建设全国一流的旅居目的地。此间召开的贵州 省两会上，如何为游客打造"心安之所"，让他们从畅游到爽居，成为热议话题。 贵州为何盯上"旅居"这门生意？ 有"公园省"美誉的贵州，森林覆盖率超63%，夏季平均气温23.6℃，是同纬度最凉爽的区域之一，还有 峰林、瀑布、峡谷、溶洞等自然景观，建成78个森林康养(试点)基地。 在贵州黄果树瀑布游玩。记者 周燕玲 摄 贵州兴义万峰林。唐哲 摄 2026年是"十五五"开局之年，贵州提出乘势而上发展壮大旅居产业，制定旅居康养产业发展规划，大力 培育引进优强旅居经营主体，以城市旅居、乡村旅居为重点，积极发展避暑旅居、康养旅居等多样化产 品体系，精心策划开展系列推介活动，推动传统房地产从"卖房子"向"开发+服务+运营"转型，谋划落地 旅居地产项目40个左右。 如何从"畅游贵州"到"爽居贵州"？ 民进贵州省委会建议，丰富旅居消费场景，延伸乡村旅居消费链。设计本土文化体验项目，深度挖掘红 色文化、民族文化等资源，将民俗礼仪、节庆、风土人 ...

Group 1: Consumer Promotion and Service Sector Growth - In 2026, the Ministry of Commerce will optimize the implementation of the old-for-new consumption policy to boost sales of durable goods such as automobiles and home appliances [2] - The service sector is identified as a key driver for domestic demand expansion and transformation, with initiatives to enhance the supply levels in cultural, entertainment, tourism, and healthcare sectors [2] - The Ministry will continue to promote service consumption quality improvement actions and remove unreasonable restrictions in service consumption areas [2] Group 2: Foreign Trade Stability and Innovation - The Ministry of Commerce aims to stabilize the foreign trade base through a combination of policies and support for cross-border e-commerce development [4] - Service trade and digital trade are highlighted as important areas for innovation, with plans to establish national service trade innovation development demonstration zones [4] - The Ministry will promote the "Export China" brand and leverage major trade exhibitions to expand imports from countries involved in the Belt and Road Initiative [4][5] Group 3: Attracting Foreign Investment - In 2026, efforts will be made to enhance the attractiveness of foreign investment by expanding access in sectors like telecommunications, healthcare, and education [7] - The Ministry will implement policies to support foreign enterprises in participating in consumption stimulation and government procurement activities [7] - A national-level overseas comprehensive service platform will be established to provide a one-stop service for companies going abroad, integrating various service resources [8]

Core Viewpoint - The Ministry of Commerce aims to cultivate new growth points in service consumption this year, focusing on various sectors to meet the evolving demands of consumers [1] Group 1: New Growth Points in Service Consumption - The government will emphasize the development of transportation services, domestic services, online audio-visual services, travel and residence services, automotive aftermarket services, and inbound consumption as new growth areas [1] - There will be a push to enhance support policies, promote pilot programs, and cultivate quality brands to invigorate development in these sectors [1] - The initiative aims to better satisfy the new service consumption needs of the public [1]

Core Insights - The article highlights the strategic development plan of Shilin County, aiming to attract 14 million tourists by 2025, with a focus on becoming an "internationally renowned tourist destination" and a "natural oxygen bar" [1][2] Group 1: Tourism Development Strategy - Shilin County plans to leverage its world-class IPs, "Stone Forest" and "Ashi Ma Culture," to enhance its tourism appeal [1] - The county aims for a dual growth in both total tourists and long-term residents, targeting 140 million visitors and 160,000 long-term residents by 2025, representing a year-on-year increase of 14.75% and 65.46% respectively [2] Group 2: Policy Measures and Incentives - The county has introduced several policy measures to promote high-quality development in the tourism sector, including rewards for qualifying tourism operators and various benefits for long-term residents [1] - Specific incentives include public transport discounts for residents over 65 and health management services for those residing for over three months [1] Group 3: Cultural and Experiential Enhancements - Shilin County is innovating its festival hosting model by upgrading traditional events like the Torch Festival into immersive cultural experiences to attract more visitors [2] - The county is also developing over 10 new agricultural and cultural tourism projects to enhance the tourism ecosystem and provide diverse experiences for visitors [2]

Core Viewpoint - In 2025, JinNing is committed to "grasping industry and focusing on manufacturing," aiming for stable growth in the industrial economy and the cultivation of 11 large-scale enterprises, with an expected industrial added value growth of 6.6% from January to November 2025 [1] Industrial Development - The Erjie Chemical Park has passed provincial evaluation, with 9 high-tech enterprises in the phosphate chemical sector, and the output value of phosphate chemicals is steadily increasing, projected to reach 10.5 billion yuan [1] - JinNing is focusing on modernizing the entire flower industry chain, maintaining its core position as a national fresh-cut flower production area, with an annual output accounting for 16% of the national total, over 2,500 flower enterprises, and 113 professional cooperatives [1] - The establishment of 38 high-end green production demonstration bases for flowers and the market transformation of 8 independently developed new varieties have been achieved, with 47 enterprises successfully launching remote auction systems [1] Economic Growth and Tourism - The "721" mechanism for flower benefit linkage has contributed to an increase of 30.23 million yuan in collective income for villages [1] - JinNing is also developing "all-region tourism" and "modern commercial logistics" as new economic engines, with the rural tourism effect gradually expanding, and the ancient Dian tourism resort being recognized as a typical case for "medical and health institutions" in Yunnan [1] - The number of tourists in the region is expected to grow by 11%, with tourism spending surpassing 320 million yuan [1] Logistics and Retail - The international freight trains "Zheng He" and "Lanmei Yunnan" are operating regularly, with Tengjun International Land Port becoming the first "Double 5A" logistics hub in the province [1] - The growth rate of total retail sales of consumer goods has maintained the highest in the city for seven consecutive quarters [1]