Core Viewpoint - The article emphasizes the importance of developing renewable energy to improve energy structure, ensure energy security, and promote ecological civilization, with a target of reaching 3.6 billion kilowatts of installed wind and solar power capacity by 2035 in China [2]. Group 1: Training Overview - The training on green electricity direct connection and non-electric utilization of renewable energy is organized by China Energy News and aims to help enterprises understand the latest policies and pathways for renewable energy utilization [2][3]. - The training will take place from October 30 to 31 in Beijing [3]. Group 2: Target Audience - The training is aimed at various stakeholders including provincial power companies, renewable energy enterprises (wind, solar, storage), energy service companies, and research institutions [4]. Group 3: Course Modules - The training will cover multiple modules including: - Outlook on the 14th Five-Year Plan for electricity and renewable energy development - Discussion on green electricity direct connection policies - Differences in provincial green electricity direct connection policies - Application scenarios for green electricity direct connection - Investment and construction models for green electricity direct connection projects - Planning paths for green electricity parks - Approval processes for green electricity direct connection projects - Development status and prospects of non-electric utilization of renewable energy [4]. Group 4: Training Fees - The training fee is set at 3,900 yuan per person, which includes the training cost, while transportation and accommodation are self-managed [5].

水变油，确实有严肃科学路径了。 爱因斯坦母校瑞士苏黎世联邦理工学院的创业团队，最近完成了一次轰动性科研实验，只需要阳光、空气中的二氧化碳和水，就能炼出真正可用于燃油车 的汽油，并且不需要任何发动机改装。 △ 这项技术，已经在其建造的工厂内成功验证，生产出的汽油也已被灌进了燃油车上路。 一旦能大规模量产，改变的不仅是石油的成本，能源格局，更可能是人类未来。 所以究竟是一项怎样的研究？ 如何把阳光"装进油箱"？ 最新进展来自一家名为Synhelion的清洁技术公司，整个团队来自瑞士苏黎世联邦理工学院。 他们推出的这项太阳能技术，并不是传统的太阳能板发电，而是热能驱动化学反应。 具体来说，他们在德国于利希市建成了全球首座工业规模的太阳燃料工厂，取名DAWN，寓意为"黎明"。 选址在于利希，也是因为这里有欧洲最大的科学研究机构之一——于利希研究中心。其研究方向主要聚焦物质结构、能源、信息、运输航天等，特别在核 物理、太阳能电池、燃料电池等方面的研究处于世界前沿。 △ Synhelion打造的产油系统分为三部分： 塔顶的专用接收器，会被这束超级光柱加热到超过2700华氏度（约1482摄氏度），比火山喷发的岩浆还烫。 合 ...

Core Viewpoint - The A-share market is experiencing a "structural differentiation and policy support" pattern, with self-sufficiency and resource sectors performing well, while the technology growth sector continues to adjust [1][2] Market Performance - A-share market shows significant differentiation, with the Shanghai Composite Index closing down 0.19% at 3889.50 points, while the Shenzhen Component and ChiNext Index fell by 0.93% and 1.11% respectively; the Sci-Tech 50 Index rose by 1.4%, indicating resilience in hard technology sectors [3] - The Hong Kong market faced increased volatility, with the Hang Seng Index down 1.52% at 25889.48 points and the Hang Seng Tech Index down 1.82% at 6145.51 points; southbound funds saw a net inflow of 198.04 million HKD, contrasting with foreign capital outflows [3] Industry Highlights and Driving Logic - The self-sufficiency and resource security theme is gaining momentum, with the rare earth permanent magnet sector experiencing a surge, and the price of concentrate rising by 37% to 26205 CNY/ton; policies on export controls and demand from the new energy vehicle sector are boosting valuations [4] - The semiconductor industry chain strengthened in the afternoon, with continued funding interest in EDA tools and lithography machines under the domestic substitution logic [4] - Precious metals and cyclical sectors are showing defensive attributes, with gold prices surpassing 4070 USD/ounce, and predictions of gold prices reaching 6000 USD next year enhancing the sector's investment value [4] Underperforming Sectors and Driving Logic - The consumer electronics and technology growth sectors are under pressure, with significant declines due to tariff rumors; the market is concerned about the performance pressure on high-valuation growth stocks [5] - The new energy and automotive supply chain show increasing divergence, with the photovoltaic index down 1.09% and automotive parts down 2.33%, reflecting concerns over sector congestion; however, solid-state battery segments are performing well [5] Investment Strategy Recommendations - The market is in a critical phase of "policy warming and third-quarter report verification," with three main lines for investment in the fourth quarter [6] - Focus on the technology growth sector, particularly in AI infrastructure and semiconductor equipment, as domestic production accelerates; solid-state battery equipment is benefiting from leading companies' expansion [7] - Capture opportunities in cyclical and resource sectors driven by "policy + supply-demand" dynamics, with precious metals providing a configuration window and rare earths expected to maintain price increases [7] - Emphasize policy-driven opportunities in high-end manufacturing and self-sufficiency sectors, while monitoring consumer sectors for potential rotation opportunities [7]

新华社北京10月13日电（记者王雨萧）2025年，中国经济总量预计约140万亿元，这是令全球瞩目 的里程碑！ 国家发展改革委的这一预测数据，标注出发展的新刻度。110万亿元、120万亿元、130万亿 元……"十四五"以来，中国国内生产总值（GDP）接连跨越。 今年是"十四五"规划收官之年，也是"十五五"规划谋篇布局之年。 横向看，中国以约占世界17%的经济体量，贡献约30%的全球增长，成为世界经济增长可靠的"动 力源"与"稳定器"； 非凡成就，源自发展理念之变。 贯彻新发展理念，是新时代中国发展壮大的必由之路。创新、协调、绿色、开放、共享的新发展理 念，为中国经济的高质量发展注入强劲动力。国际货币基金组织（IMF）发布报告指出，中国经济正逐 步向更高质量、更加平衡、更具可持续性的增长模式转变。 非凡成就，折射发展格局之新。 "十四五"的前四年，内需对经济增长平均贡献率超86%，消费新业态涌动、新模式迭出，一个充满 活力的强大国内市场，构筑起中国经济的坚实底气。开放口岸不断增长，负面清单持续"瘦身"，中国经 济在国内国际双循环中，更加通达，韧性更强。 前进路上，有风有雨是常态。但中国经济从来都是在风雨洗礼中成长 ...

Carbon Neutrality Policy - During the National Day holiday, the charging volume for new energy vehicles on highways reached a historical high of 17.4858 million kilowatt-hours, a year-on-year increase of 41.95% [2] - The National Development and Reform Commission and the National Energy Administration issued the "Energy Planning Management Measures," which standardize the energy planning system and emphasize strict management of planning lists [3][4] - A memorandum of understanding was signed between China and Guyana to promote low-carbon transportation, with China providing new energy vehicles and charging facilities to support Guyana's low-carbon transition [5][6] Corporate Practices - The Guangdong Lianjiang Nuclear Power Project, with a total installed capacity of 8.5 million kilowatts and an investment of approximately 130 billion yuan, aims to reduce carbon emissions significantly [6][7] - The Bai Long Nuclear Power Project in Guangxi is set to utilize CAP1000 technology, promoting local economic development and community engagement while achieving carbon neutrality goals [7] Local Developments - The 2025 Fortune Sustainable Development Summit was held in Fuzhou, focusing on the integration of digitalization and low-carbon transformation, with discussions on creating an "AI Power Grid+" model to address the challenges of renewable energy intermittency [8] - Blue Don Xu Mei Food Co., Ltd. is implementing a full-chain ESG strategy in the potato industry, aiming for sustainable development through waste utilization and circular economy practices [9]

Core Insights - The forum "CFO 50+ Forum" focused on exploring resilient growth strategies amid global economic turbulence and industrial restructuring [1] - Keynote speaker Li Zhiguo emphasized the dual-track development of advanced manufacturing and high-level services in China's economic transformation towards becoming a moderately developed country by 2035 [3][5] Group 1: Industry Transformation and Corporate Strategy - Li Zhiguo identified three major labels for future industrial development: technology, health, and green initiatives [5] - Chinese companies' global competitiveness is defined by market control, resource allocation, talent integration, and cultural influence [5] - The "outbound strategy 3.0" for Chinese enterprises emphasizes a shift towards "demand thinking" and "high-end value output," focusing on customer-centric approaches [7] Group 2: AI Integration in Finance - The "2025 AI Application Status Report" highlighted the widespread adoption of AI in financial processes, particularly in operational tasks like invoice recognition and financial reporting [11] - Despite high acceptance of AI tools among finance professionals, there is a noted lack of AI penetration in strategic forecasting and complex decision-making [11] - Future trends indicate a deepening integration of AI with finance, moving from automation to intelligence, and emphasizing human-machine collaboration [13] Group 3: CFO Role Evolution - CFOs are transitioning from traditional roles focused on control to becoming growth drivers, actively participating in business decisions like pricing and market expansion [26] - The need for CFOs to design flexible financial plans in response to macroeconomic scenarios was emphasized, particularly in managing risks related to currency fluctuations and geopolitical tensions [26] - The forum underscored the importance of CFOs in navigating uncertainties and leveraging technology to enhance financial management [30] Group 4: Financial Strategies for Global Expansion - The discussion highlighted the necessity for companies to utilize financial tools to build robust industry ecosystems and manage cash flow effectively [18][20] - CFOs are encouraged to establish a "global financial hub" for centralized data management and to adopt a dual approach of localization and standardization in financial structures [31] - The emphasis on creating agile and sustainable global financial systems was reiterated as a key strategy for navigating the complexities of international markets [30]

Core Viewpoint - The construction of zero-carbon parks is a crucial measure to address global climate change, promote China's "dual carbon" strategy, and support a new round of industrial transformation [2] Group 1: Policy and Development - The concept of "zero-carbon parks" was first introduced at the Central Economic Work Conference at the end of last year, with a commitment to establish a number of such parks [2] - By the end of June this year, the National Development and Reform Commission and other ministries issued a notice to initiate the application for national-level zero-carbon park construction [2] - The development of zero-carbon parks is gaining momentum under national planning and local government initiatives [2] Group 2: Event Details - The "2025 Zero-Carbon Park Future Partners Multilateral Dialogue" is scheduled for October 24, 2025, in Suzhou [4] - The event will be co-hosted by the China Energy Research Society and the Energy Foundation, with support from various organizations [3] - The meeting will include approximately 150 participants, including government leaders, research institutions, park representatives, energy service companies, and financial institutions [4] Group 3: Agenda Highlights - The agenda includes opening remarks, keynote presentations, and partner dialogues focusing on policy coordination and technological innovation [5] - A group standard for "Technical Guidelines for Zero-Carbon Park Construction" will be initiated during the event [5] - The event will conclude with a park inspection in the Suzhou Industrial Park [5]

回顾上周A股市场，节后两个交易日中，指数从上涨转为下跌。上周五市场全天震荡调整，三大指数集 体下跌，沪指跌近1%失守3900点。沪深两市成交额2.52万亿，较上一个交易日缩量1376亿。从行业 看，板块涨跌分化，其中建筑材料、煤炭、纺织服饰等涨幅居前，电子、电力设备、计算机、有色金属 等跌幅居前。 整体来看，本次中美贸易摩擦对市场的影响或弱于4月，主要原因在于：1）市场对中美贸易摩擦反复有 一定程度预期；2）多次TACO（"特朗普总是临阵退缩"）交易使得市场对此类事件的交易幅度愈发不 敏感。考虑到当下整体美国贸易占中国出口比例大幅下降后影响力不如从前，A股调整的催化或更多来 自持续上涨较多后"到了要调整的阶段"，且幅度可能不会特别大。 展望后续，需关注的中美贸易摩擦的持续进展。不过，中国股市的内在逻辑并未转变，关税摩擦引发的 市场调整，可能也是较好的布局窗口期。进入10月，重要会议叠加背景下政策出台概率较大，需关注党 的二十届四中全会（"十五五"规划建议，明年两会定《纲要》）、政治局会议（宏观政策出台）；海外 要关注十月FOMC议息会议，关键经济数据（如CPI、非农就业数据等）的暂缺可能会影响降息决策； 同时 ...

基 金 ETF 基金周报（20251006-20251010）： 战略金属与新兴产业的双重驱动 稀土板块仍具备投资价值 2025 年 10 月 13 日 投资要点 分析师：李荣 SAC 执业证书编号： S0340521010001 基金从业资格证书编号： F4520000001431 电话：0769-26628039 邮箱：lirong@dgzq.com.cn 研 究 本报告的风险等级为中高风险。 本报告的信息均来自已公开信息，关于信息的准确性与完整性，建议投资者谨慎判断，据此入市，风险自担。 请务必阅读末页声明。 证 券 研 究 报 告 资料来源：东莞证券研究所，Wind 资讯 各类ETF基金周度平均收益及资金流动概览：本周全球大类资产显著分 化。日经指数在高市早苗大概率当选女首相等消息影响下跳空涨超5%， 而美国市场受政府停摆影响及贸易摩擦升级的影响，三大指数均跌超2%， 港股市场同步调整，而传统避险资产黄金一度再创出历史新高。国内权 益市场方面，价值风格优于成长风格。在ETF基金方面，商品型ETF和货 币型ETF基金周度平均收益为正，其他类型ETF基金均录得负收益。本周 ETF基金资金流动情况并不显著， ...

（原标题：凯得金融中心：打造"绿色金融+科技"产融创新中枢） 南方财经记者魏彤 实习生张恒硕 广州报道 凯得金融中心（总部经济区二期）地处广深科技创新走廊、广州科学城核心总部经济区，园区毗邻黄埔 区府，享受高效政务服务，背靠广州开发区的区位优势，致力于打造"绿色金融+科技"产融创新，不仅 是新黄埔行政、文化、交通与商业的地标中心，更是企业腾飞的理想之地。 凯得金融中心地处开创大道与科学大道交汇处，3栋甲级写字楼，总建筑面积约4万平方米，聚焦科技创 新全产业链，整合金融资源，形成"孵化-融资-量产"的生态闭环，赋能新能源产业升级。 凯得金融中心聚焦科技创新全产业链，构建绿色信贷、产业基金及碳金融体系，提供IPO辅导、并购重 组等资本服务。通过整合金融资源，链接技术研发与产业应用，形成"孵化-融资-量产"的生态闭环，赋 能新能源产业升级。 园区还重点发展新一代信息技术、金融投资和专业服务，契合广州科学城IAB产业规划，吸引私募基 金、金融科技企业、检测认证机构等入驻。 凯得金融中心已吸引包括中国电建集团山东电力建设第一工程有限公司、广东快乐种子科技有限公司 （独角兽）、广州鼎捷软件有限公司(上市公司)、全省首个药 ...