（央视财经《经济信息联播》）"十五五"规划提出要"大力提振消费"，促进形成更多由内需主导、消费 拉动、内生增长的经济发展模式。商务部新闻发言人在今天（11日）举行的发布会上表示，商务部将谋 划"十五五"时期零售业创新转型和高质量发展，加大政策的支持力度。 转载请注明央视财经 编辑：令文芳 商务部新闻发言人 何亚东：一是出台加快零售业创新发展的意见，通过统筹规划、合理布局，提升商 品和服务质量，协同优化存量和增量，推动线上线下公平竞争等，实现新供给、新需求的良性互动。二 是总结各地的好经验、好做法，发展新业态、新模式和新场景，更加注重下沉市场，激发消费潜力。三 是推进零售业创新提升工程。通过开展城市试点，打造一批引领带动性强的零售场景，推出一批融合创 新的业态模式，培育一批具有国际竞争力的零售企业，推动构建现代零售体系。 ...

3、美联储的谨慎信号引发连锁反应，当日亚太市场普遍表现疲软，日经225指数下跌0.90%，韩国KOSPI指数下跌0.66%。这种疲软氛围对A股市场情绪造成 了直接的负面拖累。 一、今日A股复盘： 今天A股的走势并不是很乐观，三大指数纷纷下跌，个股也是普跌。我认为有以下原因： 1、美联储宣布降息25个基点，这一"利好"落地后，市场反而陷入"利好出尽是利空"的困境。关键在于，此次降息被市场解读为"鹰派降息"，因为美联储在 降息的同时，释放了未来降息节奏将显著放缓甚至可能暂停的谨慎信号。这导致全球美元流动性边际收紧的预期增强，对A股等新兴市场的估值扩张形成了 压制。 2、临近年关，机构投资者面临着业绩考核、资金结算回笼等现实压力。这种背景下，许多资金倾向于"落袋为安"，抛售股票锁定利润，而不是进行新的投 资，从而加剧了市场的抛售压力。 来源：股市你金哥 4、美股市场的甲骨文公司股价盘后大跌，再次引发了市场对人工智能（AI）领域存在泡沫的担忧。这种负面情绪迅速传导至A股市场的科技板块，对整体 人气造成打击。 5、近期表现强势的板块，房地产、零售（大消费）、福建本地股等，出现了集体回调。这种热点的大幅退潮，使得市场暂时 ...

Group 1: Retail Industry Development - The Ministry of Commerce plans to issue opinions to accelerate innovation and development in the retail industry during the "14th Five-Year Plan" period, focusing on policy support and high-quality development [3] - Key initiatives include enhancing service quality, optimizing inventory, promoting fair competition between online and offline channels, and fostering interaction between new supply and demand [3] - The ministry aims to summarize successful practices from various regions, develop new business models, and stimulate consumption potential, particularly in lower-tier markets [3] Group 2: Second-Hand Goods Market - The second-hand goods market in China is projected to reach a transaction value of 1.69 trillion yuan in 2024, reflecting a 28% year-on-year growth and a 12% average annual growth rate over the past six years [4] - The Ministry of Commerce intends to establish high standards for the second-hand goods industry, ensuring integrity and quality while preventing fraudulent practices [4] - New business models such as rental, auction, and after-sales repurchase will be promoted, along with immersive offline experiences and innovative consumption scenarios [4] Group 3: Cross-Border E-Commerce and Trade - China's foreign trade has shown resilience, with a total import and export value of 41.21 trillion yuan in the first eleven months of the year, marking a 3.6% year-on-year increase [5] - The Ministry of Commerce will implement policies to stabilize foreign trade, support market diversification, and enhance services for enterprises [5] - There is a focus on promoting cross-border e-commerce and overseas warehouses as new business models to improve trade quality and efficiency [5] Group 4: Hainan Free Trade Port - The Hainan Free Trade Port is set to commence operations on December 18, with a goal to become a significant gateway for China's new era of opening up [6] - The Ministry of Commerce reports a 23.1% growth in service trade and a 42.2% increase in actual foreign investment in Hainan during the first three quarters [6] - Future efforts will focus on institutional openness and aligning trade management policies with zero tariffs and other favorable measures [7]

Core Viewpoint - The article discusses the recent public appearance of renowned artist Fan Zeng after a period of controversy, highlighting his family disputes and the establishment of a new company for managing his artistic affairs [3][5]. Group 1: Family and Personal Affairs - Fan Zeng publicly announced the birth of his son and stated that all personal and business matters will be handled by his wife, Xu Meng, while severing ties with his daughter and stepson [5]. - He expressed feelings of helplessness and pain due to malicious actions from individuals claiming to be his children, which he believes have harmed his reputation and family safety [5]. - The artist's family disputes have been characterized as internal conflicts within the family, particularly following his marriage to Xu Meng, who is 50 years younger than him [7]. Group 2: Business Developments - A new company, Ten Wings Fan Zeng (Beijing) Cultural and Art Co., Ltd., was established on December 2, 2025, with a registered capital of 1 million RMB, primarily managed by Xu Meng [8]. - The company’s business scope includes artistic creation, sales of gold and silver products, and retail of jewelry, indicating a focus on cultural and artistic industries [8]. - Fan Zeng previously co-owned another company, Beijing Fan Zeng Art Co., Ltd., with his stepson, which has a registered capital of 100,000 USD and is still operational [10]. Group 3: Online Presence and Sales - Two accounts named "Fan Zeng Art Co., Ltd." on the short video platform Douyin are actively selling products, including replicas of Fan Zeng's artworks, with significant sales figures reported [14][15]. - In the last 30 days, one account achieved sales between 750,000 to 1,000,000 RMB, while the other reported sales of 250,000 to 500,000 RMB, totaling over 1 million RMB in sales [15].

公司股票2025年12月5日至12月11日，公司股票连续5个交易日以涨停价收盘，期间累计涨幅达 61.12%，平均换手率为12.00%，零售业同期平均换手率为4.19%。公司当前经营活动、经营秩序正常， 主营业务未发生重大变化，外部市场环境、行业政策亦未发生重大变化。鉴于公司股票已连续5个交易 日以涨停价收盘，存在市场情绪过热情形及较高的炒作风险，可能存在短期涨幅较大后的大幅下跌风 险。敬请广大投资者注意二级市场交易风险，理性决策，审慎投资。 ...

（文章来源：第一财经） 东百集团发布异动公告称，2025年12月5日至12月11日，公司股票连续5个交易日以涨停价收盘，期间累 计涨幅达61.12%，平均换手率为12.00%（其中12月11日换手率为24.98%），零售业同期平均换手率为 4.19%。公司当前经营活动、经营秩序正常，主营业务未发生重大变化，外部市场环境、行业政策亦未 发生重大变化。鉴于公司股票已连续5个交易日以涨停价收盘，存在市场情绪过热情形及较高的炒作风 险，可能存在短期涨幅较大后的大幅下跌风险。 ...

商务部："十五五"时期将培育一批具有国际竞争力的零售企业 编辑：王永乐 中新网12月11日电 在商务部12月11日召开的例行新闻发布会上，商务部新闻发言人何亚东表示，零售 业是国民经济的基础性行业，也是商贸流通体系中最贴近消费者的关键环节。商务部将谋划"十五五"时 期零售业创新转型和高质量发展，加大政策支持力度。 广告等商务合作，请点击这里 一是出台加快零售业创新发展的意见，统筹规划合理布局、提升商品服务质量、协同优化存量增量、推 动线上线下公平竞争，实现新供给新需求良性互动。 本文为转载内容，授权事宜请联系原著作权人 二是总结各地好经验好做法，发展新业态新模式新场景，更加注重下沉市场，激发消费潜力。 三是推进零售业创新提升工程，通过开展城市试点，打造一批引领带动性强的零售场景，推出一批融合 创新的业态模式，培育一批具有国际竞争力的零售企业，推动构建现代零售体系。 来源：中国新闻网 中新经纬版权所有，未经书面授权，任何单位及个人不得转载、摘编或以其它方式使用。 关注中新经纬微信公众号(微信搜索"中新经纬"或"jwview")，看更多精彩财经资讯。 ...

Group 1: Hainan Free Trade Port - The Hainan Free Trade Port will commence its closure operation on December 18, with the Ministry of Commerce preparing policies to enhance trade management transparency and openness, including the release of a list of prohibited and restricted import goods, and relaxing import management for 98 product codes [3][4] - The Ministry supports innovative development in Hainan by implementing pilot projects for temporary import of repaired and remanufactured products, establishing a cross-border e-commerce comprehensive pilot zone, and expanding service trade, contributing to a 23.1% growth in service trade and a 42.2% increase in actual foreign investment in the first three quarters [3][4] Group 2: Foreign Trade Development - In the first eleven months, China's total goods import and export value reached 41.21 trillion yuan, with a year-on-year growth of 3.6%, showcasing resilience in foreign trade despite global uncertainties [8] - The Ministry plans to implement various policies to stabilize foreign trade, promote market diversification, and support new business models such as cross-border e-commerce and overseas warehouses [8] Group 3: Second-Hand Goods Market - The second-hand goods market in China is expanding, with a projected transaction value of 1.69 trillion yuan in 2024, reflecting a 28% year-on-year growth and a 12% compound annual growth rate over the past six years [6][7] - The Ministry aims to enhance the second-hand goods circulation system by establishing high standards, promoting new business models, and integrating digital technologies to drive innovation in the sector [7]

钛媒体App 12月11日消息，商务部12月11日举行例行新闻发布会。新闻发言人何亚东说，商务部将谋 划"十五五"时期零售业创新转型和高质量发展，加大政策的支持力度。推进零售业创新提升工程。通过 开展城市试点，打造一批引领带动性强的零售场景，推出一批融合创新的业态模式，培育一批具有国际 竞争力的零售企业，推动构建现代零售体系。（商务部） ...

Market Overview - The A-share market experienced a decline, with the Shanghai Composite Index falling by 0.7%, the Shenzhen Component Index down by 1.27%, and the ChiNext Index decreasing by 1.41% [3][4] - The North Stock 50 Index saw a significant increase of nearly 4% [3] Sector Performance - Real estate, retail, cultural media, and communication equipment sectors faced the largest declines, while sectors such as nuclear power, wind power, newly listed stocks, and commercial aerospace concepts showed strength [3][4] - The controllable nuclear fusion concept stocks surged, with companies like Yongding Co., Xue Ren Group, and Hualing Cable seeing notable gains [5] Individual Stock Movements - Stocks such as Tianli Composite (+30%), Haheng Huaton (+15.15%), and Gao Fu Fu Fen (+12.01%) experienced significant increases [6] - Conversely, stocks like Deyi Cultural (-13.38%), China Wuyi (-10.09%), and Tianma Technology (-10.02%) faced substantial declines [7] Trading Volume and Market Sentiment - The total trading volume in the Shanghai and Shenzhen markets reached 1.86 trillion, an increase of 78.6 billion compared to the previous trading day, with over 4,300 stocks declining [9] - Main funds saw net inflows into sectors like wind power equipment, aerospace, and energy metals, while there were net outflows from semiconductors, media, and real estate sectors [11] Analyst Insights - Hu Long Securities indicated that the continuation of positive policies in 2026 could provide favorable support for the market [12] - Everbright Securities suggested that the upcoming significant meeting in December may boost market sentiment and lead to a rebound [13] - Wanlian Securities noted that the current PB valuation of the brokerage sector is at a near ten-year low, indicating potential for valuation recovery [14]