欢迎扫描下方二维码关注： 我国支持制造业发展主要税费优惠 普惠性、区域性政策中支持制造业发展 制造业符合条件的仪器、 设备加速折旧政策 片图 享受主体 全部制造业领域及信息传输、软件和信息技术服务业企业。 享受内容 1.生物药品制造业，专用设备制造业，铁路、船舶、航空航天和其他运输设备制造业，计算机、通信和其他电子设备制造业，仪器仪 表制造业，信息传输、软件和信息技术服务业等 6 个行业的企业 2014年 1 月 1 日后新购进的固定资产，可缩短折旧年限或采取加速折旧的 方法。 2.轻工、纺织、机械、汽车等四个领域重点行业的企业 2015 年1 月 1 日后新购进的固定资产，可由企业选择缩短折旧年限或采取加速 折旧的方法。 3.自 2019 年 1 月 1 日起，适用《财政部 国家税务总局关于完善固定资产加速折旧企业所得税政策的通知》（财税〔2014〕75 号）和 《财政部 国家税务总局关于进一步完善固定资产加速折旧企业所得税政策的通知》（财税〔2015〕106 号）规定固定资产加速折旧优36惠 的行业范围，扩大至全部制造业领域。 4.缩短折旧年限的，最低折旧年限不得低于企业所得税法实施条例第六十条规定折旧年 ...

央视网消息：党的二十届四中全会提出了"十五五"时期经济社会发展的主要目标。这给普通老百姓以及企业带来了哪些发展机 会？来看总台央视记者王雷——财经老王，从中共中央举行的新闻发布会上发现的亮点。 听完发布会，老王得跟大伙说句实在的："十五五"的字里行间，藏的全是能抓得住的发展机会，看懂了就能搭上政策的顺风车！ 再看更有想象力的——战略性新兴产业。明确要加快新能源、新材料、航空航天、低空经济这些战略性新兴产业集群的发展，每 一个都是能催生出万亿级市场的"金疙瘩"，更别提量子科技、生物制造、脑机接口这些未来产业，今后10年它们的新增规模相当于再 造一个中国高技术产业。可能有人会说"这太专业了，咱普通人插不上手"？其实不然，产业要落地，离不开配套服务。像低空经济需 要的场地运维、新能源产业的线下服务网点，甚至是给这些高科技企业做后勤保障，都是普通人能切入的机会。 肯定有人要问了：老王，这些要么要技术要么有门槛，有没有咱普通人抬脚就能进的机会？还真有，就在服务业里。服务业 要"扩能提质"，还要跟制造业、农业融合发展，这意味着传统服务业的玩法要变，机会也跟着来了。 最实在的就是健康和民生相关领域。发布会上提到，实施健康优 ...

点击注册小程序 查看完整报告 特别申明： 本订阅号中所涉及的证券研究信息由光大证券研究所编写，仅面向光大证券专业投资者客户，用作新媒体形势下研究 信息和研究观点的沟通交流。非光大证券专业投资者客户，请勿订阅、接收或使用本订阅号中的任何信息。本订阅号 难以设置访问权限，若给您造成不便，敬请谅解。光大证券研究所不会因关注、收到或阅读本订阅号推送内容而视相 关人员为光大证券的客户。 主要包含电动工具、手动工具、割草机，1-9月，我国出口至北美地区的电动工具、草坪割草机累计金额分别 同比-18%、-3%，分别较1-8月同比增速变动-2pct、-1pct，我国对北美地区出口总体受关税不利影响明显且仍 在延续。 资本品-工业： 主要包含叉车、机床、工业缝纫机，9月全球制造业PMI为49.7%，较上月下降0.2个百分点。分区域看，分区 域看，亚洲制造业继续保持稳定扩张;非洲制造业扩张力度较上月有所提升；美洲和欧洲制造业恢复力度相对 较弱。我国对非洲、拉丁美洲等新兴地区的出口金额增长较快。 资本品-工程机械： 主要包括大类工程机械、挖掘机、拖拉机、矿山机械，1-9月大类工程机械累计出口金额同比增速保持双位 数，挖掘机、拖拉机 ...

Group 1: Economic Development Strategy - The core outcome of the 20th Central Committee's Fourth Plenary Session is the approval of the "Suggestions on Formulating the 15th Five-Year Plan for National Economic and Social Development" [1] - The "15th Five-Year" period is crucial for achieving socialist modernization, with a focus on solidifying foundations and breaking through bottlenecks [1][2] - The emphasis is on relying on the real economy for future growth, with a significant contribution from the "three new" economies, which accounted for over 18% of GDP in 2024 [2] Group 2: Industrial and Agricultural Modernization - The plan outlines 12 strategic tasks, with the first being the construction of a modern industrial system to strengthen the real economy [2][3] - Traditional industries, which account for about 80% of manufacturing value, will undergo quality upgrades, with an estimated market space increase of around 10 trillion yuan over the next five years [3] - Agricultural modernization is prioritized, with specific measures to enhance agricultural productivity and ensure rural revitalization [4][5] Group 3: Technological Innovation - Technological innovation is highlighted as a key driver for economic and social development, with R&D investment expected to exceed 3.6 trillion yuan in 2024, a 48% increase from 2020 [7][8] - The focus will be on integrating technology with industry to enhance productivity and foster new economic growth points, particularly in artificial intelligence and high-tech sectors [8] Group 4: Open Economy and Global Integration - The strategy aims to shift from a "follower" to a "leader" in global trade, with initiatives to expand autonomous openness and enhance trade innovation [10][11] - China aims to leverage its large market potential, with over 800 million people expected to join the middle-income group in the next decade, to boost consumption and attract foreign investment [11]

Core Viewpoint - The 20th Central Committee's Fourth Plenary Session has approved the "Suggestions on Formulating the 15th Five-Year Plan for National Economic and Social Development," marking a critical period for achieving socialist modernization and laying a solid foundation for future development [1][2]. Group 1: Economic Goals and Development Strategy - The main goals for the "15th Five-Year Plan" include achieving significant results in high-quality development, enhancing self-reliance in technology, deepening reforms, improving social civilization, and increasing the quality of life for the people [2][3]. - By 2035, the aim is for per capita GDP to reach the level of moderately developed countries, reflecting confidence in China's long-term development prospects [2][3]. Group 2: High-Quality Development Focus - The theme of high-quality development continues from the "14th Five-Year Plan," emphasizing economic construction as the central focus for policy formulation [3][4]. - The plan aims to ensure reasonable growth in quantity while effectively enhancing quality, with a focus on optimizing macroeconomic governance [3][4]. Group 3: Strategic Tasks and Economic Structure - A series of strategic tasks have been outlined to ensure decisive progress in achieving socialist modernization, including the construction of a modern industrial system and the promotion of high-level technological self-reliance [4][5]. - The plan emphasizes the importance of solidifying the foundation of the real economy and enhancing the competitiveness of key industries such as chemicals, machinery, and shipbuilding [5][6]. Group 4: Innovation and Technological Advancement - The plan highlights the need for significant advancements in technology and innovation, with a focus on original innovation and the integration of technology with industry [5][6]. - The development of strategic emerging industries such as new energy, aerospace, and artificial intelligence is prioritized to create new economic growth points [5][6]. Group 5: Reform and Opening Up - The "15th Five-Year Plan" will implement over 300 reform measures aimed at deepening reforms and expanding high-level opening up, which will inject continuous vitality into the modernization process [6][7]. - The focus will shift from "following" to "leading" in terms of opening up, particularly in the service sector, with plans to expand pilot programs in various fields [7][8]. Group 6: People-Centric Development - The development strategy emphasizes a people-centered approach, aiming to translate the modernization blueprint into tangible benefits for the population [8][9]. - Key tasks include consolidating poverty alleviation achievements, promoting quality employment, and improving the income distribution system to enhance the quality of life [8][9].

Core Points - The Fourth Plenary Session of the 20th Central Committee of the Communist Party of China reviewed and approved the "Suggestions on Formulating the 15th Five-Year Plan for National Economic and Social Development" [1][2] - The "Suggestions" outline seven key goals for the 15th Five-Year Plan, emphasizing high-quality development, technological self-reliance, deepening reforms, improving social civilization, enhancing living standards, advancing ecological progress, and strengthening national security [2][4] Group 1: Economic Development - The "Suggestions" consist of 15 parts and 61 articles, divided into three main sections: general overview, specific strategic tasks, and tasks to strengthen centralized leadership [2] - The expected GDP for this year is approximately 140 trillion yuan, indicating continued economic growth [2] - The 15th Five-Year Plan aims to create around 10 trillion yuan of new market space over the next five years through the enhancement of key industries [4] Group 2: Industrial Strategy - The plan prioritizes building a modern industrial system and strengthening the foundation of the real economy [4] - It emphasizes upgrading traditional industries and developing advanced manufacturing clusters, particularly in sectors like chemicals, machinery, and shipbuilding [4] - The plan also focuses on fostering emerging industries such as new energy, new materials, and aerospace, with an aim to create new economic growth points [4] Group 3: Domestic Demand Expansion - The strategy to expand domestic demand includes three aspects: increasing volume, improving efficiency, and facilitating circulation [5][6] - The plan proposes actions to boost consumption and investment, including implementing special actions to stimulate consumption and enhancing service consumption [6] - It aims to create a unified national market by breaking down local protectionism and market segmentation [6] Group 4: Social Development - The plan sets a target to increase the average life expectancy of Chinese residents to around 80 years by the end of 2024 [7] - It emphasizes the need for a comprehensive approach to healthcare, including optimizing medical insurance and drug procurement policies [7] - The plan also focuses on promoting a fertility-friendly society, improving elderly care, and developing the silver economy [7]

In the current market session, REV Group Inc. (NYSE:REVG) stock price is at $59.88, after a 0.75% drop. However, over the past month, the company's stock went up by 7.10%, and in the past year, by 116.52%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the current session. Comparing REV Group P/E Against Its PeersThe P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze th ...

作者丨周潇枭 编辑丨张星 党的二十大确定到2035年基本实现社会主义现代化，"十五五"时期是夯实基础、全面发力的关 键时期。 10月20日至23日，中国共产党第二十届中央委员会第四次全体会议在北京召开，全会审议通过 了《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》（下文简称《建 议》），明确了"十五五"时期经济社会发展的指导方针和主要目标，擘画了未来五年发展的宏 伟蓝图，为深入推进中国式现代化指明了前进方向。 10月24日，中共中央举行新闻发布会，介绍和解读党的二十届四中全会精神。发布会邀请了中 央政策研究室主任江金权，中央财办分管日常工作的副主任、中央农办主任韩文秀，国家发展 改革委党组书记、主任郑栅洁，科技部党组书记、部长阴和俊，商务部党组书记、部长王文 涛，以及国家卫生健康委党组书记、主任雷海潮出席，介绍相关情况并答记者问。 江金权表示，《建议》即将发布。《建议》共有15个部分、61条，分为三大板块。第一板块是 总论，包括第一部分、第二部分，主要阐述"十四五"时期我国发展取得的重大成就、抓好"十 五五"时期经济社会发展的重大意义和总体要求。第二板块从第三部分到第十四部分为分论， 分领域部署 ...

证券研究报告 | 2025年10月24日 **Acknowledgement** **The authors thank the anonymous referee for the help and comments on the manuscript.** 乘势而起：市场新高趋势追踪：截至 2025 年 10 月 24 日，上证指数、深 证成指、沪深 300、中证 500、中证 1000、中证 2000、创业板指、科创 50 指数 250 日新高距离分别为 0.00%、3.18%、1.04%、3.85%、2.99%、 3.14%、2.77%、4.99%。中信一级行业指数中通信、石油石化、电力及 公用事业、建筑、电子行业指数距离 250 日新高较近，食品饮料、综合 金融、银行、消费者服务、医药行业指数距离 250 日新高较远。概念指 数中，万得微盘股日频等权、林木、锂矿、电力公用事业、石油天然气、 煤炭、万得全 A 等概念指数距离 250 日新高较近。 见微知著：利用创新高个股进行市场监测：截至 2025 年 10 月 24 日，共 1123 只股票在过去 20 个交易日间创出 250 日新高。其中创新高个股 ...

（原标题：中央这场发布会释放重大信号：未来十多年中等收入群体将超8亿） 21世纪经济报道记者周潇枭 北京报道 党的二十大确定到2035年基本实现社会主义现代化，"十五五"时 期是夯实基础、全面发力的关键时期。 10月20日至23日，中国共产党第二十届中央委员会第四次全体会议在北京召开，全会审议通过了《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》（下文简称《建议》），明确了"十五 五"时期经济社会发展的指导方针和主要目标，擘画了未来五年发展的宏伟蓝图，为深入推进中国式现 代化指明了前进方向。 10月24日，中共中央举行新闻发布会，介绍和解读党的二十届四中全会精神。发布会邀请了中央政策研 究室主任江金权，中央财办分管日常工作的副主任、中央农办主任韩文秀，国家发展改革委党组书记、 主任郑栅洁，科技部党组书记、部长阴和俊，商务部党组书记、部长王文涛，以及国家卫生健康委党组 书记、主任雷海潮出席，介绍相关情况并答记者问。 江金权表示，《建议》即将发布。《建议》共有15个部分、61条，分为三大板块。第一板块是总论，包 括第一部分、第二部分，主要阐述"十四五"时期我国发展取得的重大成就、抓好"十五五"时期经 ...