南都讯记者杨文君 程姝雯 除了在农林作业、巡检中的应用，低空物流、城市治理、应急救援等场景具备较大发展 空间，低空旅游、航空运动等场景也逐渐成为新的消费增长点。 在今天（2025年12月31日）国家发改委新闻发布会现场，结合当前行业实践，国家发改委新闻发言人首次为低空 经济具有较大发展潜力的领域划出"重点"。 南都N视频记者关注到，《中共中央关于制定国民经济和社会发展第十五个五年规划的建议》中提出，打造新兴 支柱产业，加快新能源、新材料、航空航天、低空经济等战略性新兴产业集群发展，将催生数个万亿元级甚至更 大规模的市场。低空经济首次被定义为"战略性新兴产业集群"。 2025年12月25日，2025粤港澳大湾区低空经济高质量发展大会在广州举行，各界代表共商低空经济发展大计。据 了解，在本届大会上，香港、澳门、广州、珠海等粤港澳大湾区城市低空产业主管单位、重点企业、行业协会达 成多个项目签约。 新华社记者 卢汉欣 摄 粤港澳大湾区加速布局低空物流网络，3年飞行超240万架次 李超介绍，低空旅游、航空运动等场景也逐渐成为新的消费增长点。 根据公开信息可见，这是国家发改委设立"低空经济发展司"以来，首次就低空经济发展 ...

汇聚企业，更要壮大企业。现场，园区运营单位南京交控产园公司分别与南京航空航天大学长空学 院、江苏省城市发展研究院、低空经济资源网签订合作协议，以产学研协同打造"金陵小飞龙"培育基 地。 "入驻园区，我们将与链上企业共同探索低空经济的深度应用，形成一批可复制、可推广的示范应 用项目。"近日，南京市低空经济产业园举行首批企业入驻签约仪式，并发布"金陵小飞龙"培育计划。一 批新产业向产业园汇聚，将在主城南部形成低空经济集聚区。 南京市低空经济产业园是南京国资推动园区品牌化建设试点园区之一，位于江宁区百家湖硅巷核心 板块，由市交通集团旗下南京铁投公司投资建设、南京交控产园公司招商与运营管理，即将全面交付使 用。 在首批产业链签约环节，中国铁塔、中科华兴、正方交通、圣翔航空、珠海光恒科技等12家企业 代表签约入驻，涵盖低空新基建、数字底座、飞行器研发等细分赛道。"我们是一家集研发、设计、生 产、运营于一体的低空新基建运营服务商，入驻园区是企业发展历程中极具战略意义的一步。"深圳市 圣翔低空科技有限公司总经理王晓玲表示，希望在这里能够共同探索以南京南站为基点，以空中医疗救 援场景为先发场景的运营服务，打造可持续的低空商业 ...

Group 1 - The A-share market is entering a critical data validation period in January 2026, influenced by policy implementation, macro data, corporate performance, and liquidity changes, leading to increased volatility and a tendency for phase rebalancing [1] - Sectors that led in December, such as defense, 6G, and satellite internet, require performance or order validation to digest their gains, while themes with clear industrial trends like commercial aerospace and AI computing may still present active opportunities [1] - The strategic resource attributes of certain non-ferrous metal sectors, particularly strategic minor metals like antimony, tungsten, and rare earths, are being revalued by the market due to their essential role in technological breakthroughs and their strategic scarcity [1] Group 2 - Three key industry directions are highlighted: first, strategic resources and cyclical recovery sectors, focusing on upstream resource products with strategic scarcity, including industrial metals (copper), strategic minor metals, and energy metals (potash) [2] - Second, the focus is on technological self-reliance and new productivity sectors, emphasizing clear industrial trends and high visibility in performance for leading companies in areas such as AI computing, digital economy, semiconductor domestic substitution, and commercial aerospace [2] - Third, there is an emphasis on domestic demand recovery and structural improvement, with some domestic demand sectors having attractive valuations after prolonged adjustments [2]

Core Insights - The "14th Five-Year Plan" period prioritizes the construction of a modern industrial system, marking a strategic shift from single-point technological breakthroughs to systematic industrial upgrades [6][19]. - The new energy industry is transitioning from a focus on installed capacity to building a "source-grid-load-storage" collaborative system, emphasizing dynamic balance between production and consumption [7]. - The aerospace sector is developing a dual-driven model of national engineering and commercial space, with large aircraft industrialization and commercial space driving the scale and capability of the industry chain [8]. - Future industries such as 6G and quantum technology place China in the global leading tier of R&D, aiming to seize the high ground in technology standards and industrial ecosystems through forward-looking layouts [9]. - The transformation of traditional industries emphasizes not only greening and intelligentization but also explicitly promotes "service-oriented manufacturing," guiding the manufacturing sector to extend services throughout the product lifecycle [10]. Group 1: Modern Industrial System - The construction of a modern industrial system is the primary task of the "14th Five-Year Plan," highlighting its core position as a foundation for new era development [19][20]. - The modern industrial system consists of three parts: upgrading traditional industries, developing emerging pillar industries, and strategically laying out future industries [20]. Group 2: Emerging Pillar Industries - The cultivation of emerging pillar industries is positioned as the strategic core of the modern industrial system, providing a strong new growth engine for high-quality development [23]. - Key emerging pillar industries include new energy, new materials, aerospace, and low-altitude economy, which are expected to drive explosive growth in multiple trillion-level markets [23]. Group 3: New Energy - The new energy sector has evolved into a comprehensive ecosystem encompassing "production, storage, transmission, and application," with a strategic significance in ensuring national energy security and achieving carbon neutrality [24]. - As of the end of 2024, China's cumulative installed capacity of new energy reached 1.41 billion kilowatts, maintaining a global leading position [25]. - The annual new installed capacity during the "14th Five-Year Plan" period is expected to remain around 30 million kilowatts [25]. Group 4: New Materials - The new materials industry in China has rapidly grown, with total output value exceeding 8 trillion yuan in 2024, but still faces structural challenges with about 30% of key high-end materials relying on imports [34]. - Significant breakthroughs are being made in various fields, including third-generation semiconductor materials and high-end alloys for aerospace applications [39]. Group 5: Aerospace - The aerospace sector has formed a dual-driven model of national major projects and commercial markets, with the C919 large aircraft and commercial space rapidly developing [42]. - The market size of China's aerospace manufacturing industry is expected to reach 601.7 billion yuan by 2025, with a compound annual growth rate of approximately 14.05% [42]. Group 6: Low-altitude Economy - The low-altitude economy, driven by various manned and unmanned aerial vehicles, is expected to reach a scale of 505.95 billion yuan in 2023, with a year-on-year growth of 33.8% [50]. - The market is projected to exceed 1 trillion yuan by 2026, with a compound annual growth rate of approximately 29.6% from 2021 to 2026 [50]. Group 7: Future Industries - Future industries represent cutting-edge technological and industrial development directions, including quantum technology, biomanufacturing, hydrogen energy, and brain-computer interfaces [61]. - The quantum technology sector is expected to grow significantly, with the industry scale projected to reach approximately 80 billion USD by 2024 and potentially near 1 trillion USD by 2035 [64].

Core Viewpoint - The "14th Five-Year Plan" outlines strategic opportunities and challenges for China's economic and social development, emphasizing high-quality growth and a focus on various key sectors [2][3]. Economic Opportunities - The plan identifies numerous new opportunities, including the development of a modern industrial system and the strengthening of the real economy, with specific mentions of sectors such as mining, metallurgy, chemicals, and advanced technologies [3]. - The goal is to achieve significant results in high-quality development, with economic growth maintained within a reasonable range and an increase in domestic consumption driving economic growth [2][3]. Economic Challenges - Challenges include unbalanced development, insufficient effective demand, and pressures on employment and income growth, which need to be addressed to convert challenges into opportunities [4]. - The plan sets a target for per capita GDP to reach the level of moderately developed countries by 2035, requiring an average annual GDP growth of approximately 4.17% from 2025 to 2035 [4]. Consumer Income and Spending - The plan aims to increase residents' income through various channels, including wage, operational, property, and transfer income, with a focus on enhancing the share of labor remuneration in national income distribution [7][11]. - There is an emphasis on improving the structure of income distribution to promote a more reasonable allocation of income among residents [7]. Investment and Consumption - The plan suggests that increasing government spending on social welfare and implementing direct consumer support policies will enhance residents' consumption capacity [8][11]. - The importance of stabilizing the stock market to increase residents' property income and subsequently boost consumption is highlighted [14]. Capital Market Development - The stability of the capital market is crucial for enhancing investor confidence and ensuring sustainable income growth, which in turn affects consumer behavior [14][15]. - Encouraging long-term funding sources for technological innovation is essential for fostering a robust capital market and supporting economic growth [15][18]. Technological Innovation and Global Competitiveness - The plan emphasizes the need for China to cultivate high-quality listed companies with international competitiveness, particularly in the technology sector, to participate in global competition [18]. - The focus is on creating a favorable investment environment for companies to grow and attract long-term capital into the market [18].

Core Viewpoint - The article highlights the achievements of Jianhu County in ecological development, industrial growth, and improving the quality of life for its residents, driven by a commitment to green development and the goal of becoming a "thousand billion city" [1][2][4]. Ecological Development - Jianhu County emphasizes green as its defining characteristic, with ecological preservation being its most valuable asset [2]. - The county has established a successful industry around the "Jiulongkou hairy crab," generating an annual output value of 1.5 billion yuan and benefiting nearly 10,000 farmers [2]. - The area has achieved a significant reduction in PM2.5 levels to 29.9 micrograms per cubic meter, with 87.7% of days classified as having good air quality [2]. - Jianhu has restored 15,000 acres of wetlands, creating a complete wetland ecosystem that supports 149 species of rare birds [3]. Industrial Growth - Jianhu County is focused on industrial development, balancing traditional industry upgrades with the growth of emerging and future industries [4][5]. - The county has cultivated 23 national and provincial-level green factories and 21 specialized "little giant" enterprises [5]. - New industries, such as biotechnology and new materials, are being developed, with significant projects underway to produce 100,000 tons of new food products annually [5][6]. Infrastructure and Urban Development - The county has completed renovations of 40 old residential communities, enhancing living conditions for residents [7]. - Urban green coverage has reached 1,228 hectares, with a coverage rate of 42.64%, improving the overall quality of life [7]. - Rural revitalization efforts have led to the improvement of 50,000 rural homes and the construction of 47 new rural communities [8]. Reform and Economic Environment - Jianhu has implemented comprehensive land reform, transforming fragmented farmland into high-standard agricultural land, resulting in a total grain output of 5.5 billion kilograms [11]. - The county has created a favorable business environment by establishing a public resource trading platform and enhancing service efficiency for enterprises [12]. - Jianhu's cross-border e-commerce initiatives have led to a projected trade volume of 1.09 billion yuan, marking a 197% increase year-on-year [13].

转自：成都日报锦观 市委经济工作会议举行 会议强调，习近平总书记在中央经济工作会议上发表的重要讲话，总结工作实事求是，分析形势深刻透 彻，设定目标科学清晰，部署任务纲举目张，具有极强的思想穿透力、时代洞察力和实践指导力，为做 好当前和今后一个时期经济工作提供了根本遵循。李强总理的总结讲话，对贯彻落实习近平总书记重要 讲话精神、做好明年经济工作提出要求。省委经济工作会议对做好明年全省经济工作进行了系统部署。 我们要深入学习领会、一体贯彻落实，切实把思想和行动统一到党中央和省委决策部署上来，努力在服 务全国全省发展大局中展现更大作为。 会议强调，2025年对成都来讲是很不平凡的一年。面对国内外形势的深刻复杂变化，我们深入贯彻党中 央、国务院决策部署，全面落实省委、省政府支持成都做优做强极核功能、加快高质量发展部署要求， 全力以赴拼经济搞建设，培育发展新质生产力，经济社会发展取得新成效。回顾"十四五"时期，我们始 终牢记嘱托、感恩奋进，推动高质量发展、高品质生活、高效能治理取得新进展、迈出新步伐。 会议强调，当前，世界百年变局加速演进，国内外形势深刻复杂变化。我们既要正视困难，更要坚定信 心，充分认识到我国经济长期 ...

Group 1: Economic Transformation of Leshan - Leshan, a city with a GDP of 253.3 billion, is making significant strides in the hardcore technology sector, moving beyond its traditional image of scenic landscapes and local cuisine [1][17] - The city has a rich industrial heritage, exemplified by the legacy of Hou Debang, who established a foundational chemical industry in China with his patented method [4][6] - The chemical company Fuhua Chemical has emerged as a leader in the agricultural chemical sector, ranking among the top 20 globally and producing significant quantities of glyphosate and sodium dihydrogen phosphate [6][7] Group 2: Innovations in New Energy - Fuhua Chemical is leveraging its expertise to enter the new energy market, particularly in lithium iron phosphate production, which is in high demand due to the growth of electric vehicles [7] - The company can produce approximately 20,000 tons of lithium iron phosphate annually from its waste materials, capturing nearly 10% of the market share by 2024 [7] - The chemical industry cluster in Wutongqiao is projected to generate a value of 32.4 billion by 2024, with multiple green chemical projects underway [7][8] Group 3: Strategic Industry Development - Sichuan Weili Energy Co., Ltd. has successfully entered the all-vanadium flow battery market, which offers advantages over lithium batteries, such as higher safety and longer lifespan [10][11] - The company has created a complete supply chain for vanadium-based energy storage, contributing to the local economy and attracting related businesses to Leshan [11][12] - The development of industries in Leshan is guided by a clear understanding of local resources and strengths, allowing for strategic positioning in emerging markets [12] Group 4: Cross-Industry Innovations - Jiajing County, known for its bamboo paper production, is diversifying into high-tech industries such as nuclear medicine and aerospace materials [13][14] - The establishment of a major medical isotope production facility has positioned Jiajing as a leader in nuclear medicine, breaking international monopolies [13] - The county is also developing a comprehensive ecosystem for drone technology, supported by local resources and infrastructure [16] Group 5: Government Support and Policy - Leshan's government is implementing a dual-driven strategy of industrial strength and cultural tourism, aiming to reshape the city's industrial landscape [17][19] - Initiatives include streamlined project services and tax incentives to support businesses in their transformation and growth [19] - The city's approach serves as a model for other regions, demonstrating that success in high-end industries is achievable through strategic resource management and industry alignment [19]

Core Viewpoint - The low-altitude economy has been integrated into national strategy as a key area for cultivating new productive forces, with Shenzhen's Bao'an District leading the transformation from industrial aggregation to value ecology [2][4]. Group 1: Low-altitude Economy Development - Bao'an District is leveraging its comprehensive resources and "1+3+N" low-altitude scene layout to initiate profound changes in the low-altitude economy [2]. - The "Baojing Chuangxiang" low-altitude economy scene docking conference resulted in signed and intended investments totaling 670 million yuan, highlighting the industrialization and ecological progress of the low-altitude economy [2]. - The focus has shifted from "competing for airspace" to "building scene ecology," reshaping the relationships among government, state-owned enterprises, and market entities [4]. Group 2: Collaborative Mechanisms - Bao'an's approach involves an innovative collaborative mechanism where the government facilitates, state-owned enterprises open up, associations connect, and enterprises engage [3]. - Bao'an Transportation Group is transforming from a traditional builder to a "scene operator" and "public service provider," emphasizing demand-driven infrastructure development [5][6]. - The association plays a dual role as an "ecological connector" and "standard setter," gathering over 150 enterprises to guide the industry towards sustainable development [8]. Group 3: Safety and Compliance - Safety is identified as the core bottom line for the development of the low-altitude economy, with a focus on balancing safety regulations and development speed [10][12]. - The establishment of a comprehensive airspace management system is crucial for achieving this balance, with local governments playing a significant role [10]. - Companies are encouraged to proactively build their airworthiness systems, shifting the mindset from "I need airworthiness" to "I want airworthiness" [9]. Group 4: Technological Advancements - Breakthroughs in core components, such as the "Xinyunxiao 1.0" low-altitude power battery with a density of 320Wh/kg, are essential for commercial viability [12]. - The commercial path for low-altitude technology requires a delicate balance between stringent safety regulations and the urgent expectations for returns from capital [12]. Group 5: Ecosystem Development - Bao'an aims to create a self-sustaining, iterative "circular" industrial ecosystem, moving from linear growth to networked value elevation [13]. - The collaboration between state-owned enterprises and associations provides a platform for various enterprises to find development opportunities [13]. - The integration of low-altitude economy with marine industries, static transportation, and urban management is fostering a synergistic effect, reducing the cost of introducing new business models [14].

来源：新青年馆 2025 年末，黄金全年暴涨近 2000 美元 / 盎司并刷新历史新高，这一异常表现背后，是全球资金对美元 美债法币体系的信任危机。在 G2 争雄、大国竞争的核心背景下，知名智囊学者刘煜辉在华夏基金年度 对话中，勾勒出 2026 年全球经济格局与投资蓝图，提出以 "哑铃策略" 为核心，押注国运与成长的投资 逻辑。 当前全球经济的核心矛盾聚焦于美元体系的内生脆弱性。2025 年，黄金的暴涨并非偶然，而是全球资 本对美元信用坍塌风险的提前定价。美元之所以尚未垮台，关键在于美国 "All in AI" 战略催生的 "新 钱" 支撑 ——AI 科创资本、区块链及加密货币等资产指数级上涨，带动美国 AI 链市值一年暴涨 7 万亿 美金，英伟达跻身 5 万亿美金市值俱乐部，美股市值 22% 被科创 "七姐妹" 占据，日韩股市也因半导体 板块分别大涨 70% 和 20%。但美国 AI 产业存在致命短板：缺乏制造业支撑，无法形成经济闭环。 OpenAI 等企业前端资本开支高达 5000 亿美金，而会员收入仅 600 亿美金，这种严重失衡导致美国科创 巨头股价自 2025 年 10 月起波动加剧，若 AI 产业 ...