二是坚持创新驱动、塑强引擎，产业层次高端跃升。充分吸收提案关于创新引领的建议，突出企业主体 地位，强化要素定向集聚，最大程度释放创新资源协同集成效应。争取9家国家级工程研究中心落地， 推动222家国家级企业技术中心成功获批、数量占全国的1/9、稳居首位。我们依托这些优质平台，大力 支持企业研发创新，累计培养引进研发人员18.8万人，争取冶金、化工等领域38个项目承担国家重大技 术攻关任务，累计获批资金38.6亿元，带动一批事关国家战略安全的"卡脖子"技术加速突破。 三是坚持低碳引领、数智赋能，生产模式逐绿向新。针对提案提出的绿色发展、智能转型问题，出台化 解重点产业结构性矛盾实施意见，同步制定石化、钢铁、新能源汽车、船舶等9个行业提质升级行动方 案，协同推进高端转型、数智赋能、低碳发展。持续加力设备更新，今年累计争取366个项目获批超长 期国债29.6亿元，带动工业重点领域先进产能占比突破40%，拉动工业投资较快增长，1-10月同比增长 6%、高于全部投资增速11.3个百分点。持续深化实数融合，出台人工智能赋能13个重点领域推进方 案，配套28条政策措施，统筹10亿元财政资金支持重点平台、重点企业、重点项目， ...

格隆汇11月21日丨根据联交所最新权益披露资料显示，2025年11月17日，中国中车(01766.HK)获中国平安保险（集团）股份有限公司在场内以每股均价 6.3429港元增持858万股，涉资约5442.21万港元。 | 表格序號 | 大股東/董事/最高行政人員名稱 作出披露的 買入 / 賣出或涉及的股每股的平均價 | | 持有權益的股份數目 佔已發行的 有關事件的日 | | | --- | --- | --- | --- | --- | | | | | (請參聞上述*註解)有技票權版(日/月/年) | | | | | | 分自分库 | | | CS20251120E00027 | 中国平安保险(集团)股份有 (1001(L) | 8,580,000(L) | HKD 6.3429 265,816,000(L) | 6.08(L)17/11/2025 | | | 限公司 | | | | 增持后，中国平安保险（集团）股份有限公司最新持股数目为265,816,000股，持股比例由5.88%上升至6.08%。 ...

Economic Overview - The province's economy showed overall stability in the first ten months of the year, with industrial growth, declining fixed asset investment, expanding market sales, and rapid export growth [1] Industrial Performance - The added value of industrial enterprises above a designated size increased by 1.5% year-on-year, with high-tech manufacturing growing by 3.9% [1] - By sector, mining increased by 7.8%, manufacturing by 0.7%, and electricity, heat, gas, and water production and supply by 0.1% [2] - State-owned enterprises saw a 2.2% increase in added value, while foreign and Hong Kong, Macao, and Taiwan-invested enterprises experienced a decline of 5.9% [2] - Among 40 industrial categories, 23 reported year-on-year growth, resulting in a growth rate of 57.5% [2] - Notable growth sectors included chemical fiber manufacturing (growth of 7.7 times), transportation equipment manufacturing (growth of 47.1%), and gas production and supply (growth of 21.6%) [2] Investment Trends - Fixed asset investment decreased overall, but manufacturing investment rose by 6.2%, with high-tech manufacturing investment increasing by 10.8% [2] - Investment in the primary industry grew by 5.1% year-on-year [2] Market Sales - The total retail sales of consumer goods reached 877.98 billion yuan, reflecting a year-on-year growth of 3.5% [3] - Sales of essential goods remained stable, with food and oil retail sales increasing by 13.4% and daily necessities by 11.8% [3] - Upgraded consumer goods saw significant sales growth, including wearable smart devices (growth of 15.5 times) and energy-efficient home appliances (growth of 1.3 times) [3] Trade Performance - The province's total import and export value reached 338.37 billion yuan, marking a 9.6% increase [3] - Agricultural product exports totaled 27.67 billion yuan, with a year-on-year growth of 9.9% [3] - Machinery and electrical products exports were 170.59 billion yuan, growing by 8.5%, with notable increases in ship and automotive parts exports [3] Price Trends - Consumer prices remained stable overall, while industrial producer prices experienced a decline [4]

Group 1 - Silver futures are currently trading above 12050, with an opening price of 11760 and a current price of 12058, reflecting a 1.43% increase [1] - The highest price reached today was 12107, while the lowest was 11760, indicating a short-term bearish trend in silver futures [1] Group 2 - The delayed US August factory orders report shows a year-on-year increase of 1.4%, aligning with initial expectations [3] - Durable goods orders increased by 2.9%, while non-durable goods orders slightly decreased by 0.1% [3] - Excluding transportation, factory orders saw a modest rise of 0.1% [3] Group 3 - A significant contributor to the increase in orders was a 21.8% surge in civilian aircraft orders, adding $4.2 billion to the total [4] - Other transportation orders also performed well, with defense aircraft orders rising by $1.2 billion to $6.7 billion and ship/boat orders increasing by $0.5 billion to $4.7 billion [4] - Excluding transportation, durable goods orders grew by 0.3%, marking the fifth consecutive month of growth, particularly in machinery (up 1.2% to $39.2 billion) and metal products (up 0.7% to $41.5 billion) [4] Group 4 - Silver futures experienced a rebound after dropping to around 11700, closing temporarily at 11950, with ongoing long positions being held [5] - The potential for further upward movement in silver prices is anticipated, with short-term targets set at 12200 and medium-term at 12500 [5]

Core Viewpoint - The military industry sector experienced a significant surge, particularly in the shipbuilding segment, with several companies reaching their daily price limits and notable increases in stock prices [1] Group 1: Stock Performance - The shipbuilding sector led the gains, with companies such as Yaguang Technology and Yaxing Anchor Chain hitting the daily limit up [1] - Jianglong Shipbuilding and Tianhai Defense saw stock price increases exceeding 10% [1] - Other companies like Guoke Military Industry, Tianhai Defense, China Shipbuilding Defense, and Beifang Changlong also reported substantial gains [1]

Core Insights - The report from the Korea Economic Association indicates that half of South Korea's top ten export industries have been surpassed by China in terms of competitiveness, with a prediction that all ten industries may fall behind China in five years [1][2] - A survey of 200 major companies in these industries revealed that 62.5% view China as their biggest competitor, with this figure expected to rise to 68.5% by 2030 [1] - The competitiveness index set by the surveyed companies ranks South Korea at 100, while China and the US are projected to surpass South Korea by 2030, with indices of 112.3 and 112.9 respectively [1] Industry Competitiveness - In specific sectors, Chinese companies lead in steel (112.7), general machinery (108.5), secondary batteries (108.4), displays (106.4), and automotive parts (102.4) [2] - South Korean companies still maintain an edge in semiconductors (99.3), electronics and electrical machinery (99), shipbuilding (96.7), petrochemicals and petroleum products (96.5), and biopharmaceuticals (89.2) [2] - The report highlights that China holds advantages in price competitiveness, production capacity, and government support, while South Korea only leads in brand competitiveness, which is expected to be overtaken in five years [2]

每经AI快讯，亚星锚链（SH 601890，收盘价：9.68元）11月18日晚间发布公告称，公司第六届第五次 董事会临时会议于2025年11月18日在公司三楼会议室召开。会议审议了《关于公司拟投资深远海大型浮 体关键系泊装备和集成系统研发及产业化项目的议案》等文件。 （记者 张明双） 截至发稿，亚星锚链市值为93亿元。 每经头条（nbdtoutiao）——段睿：我与蔡磊是 "找钥匙的人"，纵使生前寻不到，也要为其他渐冻症患 者铺就近路 2024年1至12月份，亚星锚链的营业收入构成为：船舶行业占比71.61%，海洋工程占比27.0%，其他业 务占比1.39%。 ...

Core Viewpoint - The company has received over ten million yuan in orders related to the CR450 train set and anticipates significant revenue growth in the coming years, particularly in the carbon fiber product market [1] Group 1: Orders and Revenue Growth - The company has secured orders exceeding ten million yuan for the CR450 train set, which includes various vibration damping components [1] - The company expects to achieve a revenue increase to the scale of hundreds of millions of yuan over the next three years by focusing on expanding its market for new products like carbon fiber [1] Group 2: Production Capacity and Investment - In response to the anticipated demand from the mass production of the CR450, the company is upgrading its traditional vibration damping industry while simultaneously increasing investment in carbon fiber products [1] - The company is proactively allocating production capacity resources to ensure the smooth delivery of future orders [1]

Summary of Conference Call Notes Industry Overview - The macroeconomic environment shows increasing downward pressure, with fixed asset investment declining year-on-year and external demand turning negative, indicating potential negative impacts on the stock market [1][3] - Industrial production growth has dropped below 5%, with high-tech industries experiencing a decline in prosperity, although high-end, intelligent, and green industries, as well as shipbuilding, aerospace, and automotive manufacturing, remain resilient [1][4] Key Economic Indicators - Retail sales of consumer goods are declining due to weakened demand, particularly in home appliances, furniture, and automotive sectors, while communication equipment and cosmetics show growth [1][6] - Investment across various sectors is weakening, with significant declines in real estate new starts and sales area, and housing prices experiencing a larger month-on-month drop [1][8] - Infrastructure investment has decreased more than expected, influenced by debt resolution, insufficient project reserves, and local government debt constraints, although digital infrastructure and energy security projects may provide some support [1][8] Sector-Specific Insights - Investment demand in the chemical, food, pharmaceutical, and non-ferrous metal industries has contracted, but the core logic of industrial upgrading remains intact [1][9] - Manufacturing investment shows positive signals, particularly in computer electronics and electrical machinery, with a need to observe the sustainability of this recovery and its impact on overall investment [1][10] Consumer Behavior and Employment - National dining consumption improved in October due to the National Day and Mid-Autumn Festival, but overall retail sales continue to decline [1][6] - Despite weak goods consumption, there are positive signs of recovery in service consumption, supported by policy measures [1][6] Challenges and Policy Responses - The economy faces challenges with internal demand slowing and external demand declining, which may impact the fourth quarter's economic performance [1][12] - Historical trends suggest that as economic downturns and employment pressures rise, there will be an increase in counter-cyclical policies, with potential for new policy deployments [1][13] Market Dynamics - The capital market's resilience may diverge from the slowing economic momentum, reflecting long-term economic logic rather than short-term fluctuations [1][14] - Structural changes in the economy, particularly in the technology innovation sector, are expected to drive asset revaluation, suggesting a need for patience regarding short-term fundamental fluctuations [1][15]

此外，受访的韩国企业也普遍认为美国和中国企业具有更强的竞争力水平。假设韩企竞争力标准为 100，受访企业认为美中日的竞争力水平分别为107.2、102.2和93.5。到2030年时，竞争力水平高到低同 样依次为美国（112.9）、中国（112.3）和日本（95）。也就是说，韩企认为本土企业竞争力已落后于 中美两国，而中国企业竞争力未来五年将达到接近美国的水平。 分行业看，受访韩国企业认为中国企业在钢铁（112.7）、通用机械（108.5）、蓄电池（108.4）、显示 器（106.4）、汽车和零部件（102.4）五个领域领先于韩企，而在半导体（99.3）、电子和电机 （99）、船舶（96.7）、石油化学和石油产品（96.5）、生物健康（89.2）领域仍落后于韩企。但据业 界预测，韩国十大出口产业竞争力将在未来五年内全部被赶超。 图为韩国和中国企业的2025年 据韩联社11月17日报道，韩国经济人协会17日发布的一份报告显示，韩国十大出口产业中有一半已在企 业竞争力方面被中国赶超，预计五年后十大产业竞争力或将全线失守。 报道介绍，韩国经济人协会近期对从事十大出口产业的200家企业进行了"关于韩美中日的竞争力现状和 ...