江淮聚势 双创融合筑生态 作为国家战略科技力量布局的重要省份，安徽近年来在打造科技创新策源地和新兴产业聚集地上成果显 著。安徽省省长王清宪致辞表示，安徽深入贯彻习近平总书记考察安徽重要讲话精神，锚定打造"三地 一区"战略定位，坚持科技创新和产业创新深度融合，营造"科技—产业—金融"良性循环的发展生态， 形成对各类创新要素的强大感召力。面向"十五五"，安徽将持续创优创新和打造产业生态，着力培育更 多平台化企业和企业化平台，牵引产业链上下游协同进化、大中小企业融通发展，提供更多合作空间和 投资机会。期待更多社会资本投资安徽、在安徽配置，共同耕耘这片创新发展的沃土。 ● 本报记者 王雪青 12月6日，由中国证券报主办的"双创融合 智启新程——2025科创投资大会"在安徽合肥举行。时值"十 四五"决胜收官与"十五五"谋篇关键节点，近千位来自政、产、投、研等领域代表齐聚江淮，共同探讨 以耐心资本培育未来产业、以科技创新与产业创新深度融合驱动高质量发展的实践路径，为推动"科技 —产业—金融"良性循环凝聚智慧、汇聚合力。 科技创新与产业创新深度融合，呼唤资本更好发挥好纽带作用。新华社副总编辑任卫东致辞表示，私募 股权、创投 ...

Group 1 - Economic provinces are focusing on high-quality development by promoting emerging industries, enhancing consumption, and improving the business environment to achieve annual goals and lay the foundation for future growth [1][2] - The "One Person Company" model in Jiangsu, supported by AI, allows entrepreneurs to manage the entire product lifecycle, with over 110 cases reported in Suzhou [1] - Guangdong's digital economy plan aims for the AI core industry to exceed 440 billion yuan by 2027, with over 60,000 industrial enterprises undergoing digital transformation [2] Group 2 - Domestic demand is emphasized as a key driver of economic growth, with provinces launching consumption campaigns and major projects to stimulate internal circulation [3][4] - Guangdong's "Warm Winter, Enjoy Guangdong" campaign includes 35 billion yuan in consumer vouchers, while Jiangsu's shopping festival offers over 4 billion yuan in coupons [3] - Investment in major infrastructure projects is progressing, with significant milestones achieved in various provinces, such as the completion of key bridge works in Sichuan and water resource projects in Guangdong [3][4] Group 3 - Economic provinces are implementing deep reforms and high-level openness to enhance growth, with measures to improve the business environment and address challenges faced by enterprises [5] - Sichuan has introduced 25 measures to improve the business environment, while Henan is working on integrating into the national market with a comprehensive implementation plan [5] - Economic performance indicators show strong growth, with Guangdong's GDP reaching 10.52 trillion yuan, followed by Jiangsu at 10.28 trillion yuan and Shandong at 7.71 trillion yuan [5] Group 4 - Future strategies for economic provinces include breaking down regional barriers and innovating in areas like low-altitude economy to inject more growth potential [6]

Investment Rating - The report maintains an "Outperform" rating for the defense and military industry [4]. Core Viewpoints - The report expresses optimism about the acceleration of the commercial aerospace industry, particularly following the successful launch of the Zhuque-3 rocket, which is China's first reusable liquid oxygen-methane rocket to achieve orbit. This breakthrough is expected to significantly reduce launch costs and enhance satellite deployment capabilities [44][45]. - The report highlights that the military industry is poised for strong demand recovery in 2026, driven by multiple catalysts including the nearing completion of the 14th Five-Year Plan and the centenary of the military [45]. - The report notes that the current price-to-earnings ratio (P/E) for the military industry index is 69.33, indicating a high valuation but also a strong recovery expectation for the industry [45]. Summary by Sections Industry Performance - From December 1 to December 5, the Shenwan Military Index rose by 2.82%, outperforming the CSI 300 Index, which increased by 1.28%, resulting in a relative excess return of 1.54 percentage points [8][15]. - The military index has increased by 17.8% since 2025, compared to a 16.51% rise in the CSI 300 Index, indicating a relative outperformance of 1.29 percentage points [17]. Key Developments - The successful launch of the Zhuque-3 rocket and the hosting of the 2025 Satellite Internet Industry Ecosystem Conference are significant events that have boosted the commercial aerospace sector [44]. - The report emphasizes the importance of reusable rocket technology in overcoming industry bottlenecks and transitioning from "capacity scarcity" to "scale application" [45]. Investment Opportunities - The report suggests focusing on various segments within the military industry, including: 1. Land Equipment: Tianqin Equipment, Gaode Infrared, Ligong Navigation, Baiao Intelligent, Changcheng Military [45]. 2. Stealth Materials: Jiachitech, Huaqin Technology [45]. 3. Deep Sea: Western Materials, China Marine Defense [45]. 4. Engines: Aerospace Technology, Hangya Technology, Tunan Co. [45]. 5. AI and Intelligent Systems: Xingtuxinke, Aerospace Electronics [45].

经合组织驻华代表海博表示，今年中国加力扩围实施大规模设备更新和消费品以旧换新政策，这有效拉动了消费增长，出口和支撑出口的制造 业也表现强劲。 经济合作与发展组织驻华代表海博称："如果我要用三个关键词来描述2025年的中国经济，我肯定会说"韧性""转型"和"活力"，不管外部环境 如何，中国经济表现良好，工业和产业结构加速转型，技术升级快速推进。" 他表示，2025年，受技术创新的驱动，不少产业经历了颠覆性的变革，迸发出新的活力。低空经济等新兴领域的最新成果让他印象深刻。 央视网消息：日前，经济合作与发展组织发布了最新的经济展望报告，其中，对2025年中国经济增速预测继续上调到5%。这是经合组织今年 内第三次上调对中国的经济预测。 2018年，世界经济论坛启动了全球灯塔网络，成员如今超过200个。今年9月，12家工厂新入选全球灯塔网络，其中中国有六家，占比一半。 世界经济论坛执行董事兼大中华区主席梁锦慧称："如今，超40%的全球灯塔网络成员实际上在中国。此外，根据我们的研究，接近50%的人 工智能最佳实践落地在了中国，中国在许多领域都走在前列。我认为今年中国经济发展的关键词是科技和能力。中国正在挖掘技术和人才的红 ...

Investment Rating - The report maintains an "Overweight" rating for the industry [5]. Core Viewpoints - The commercial aerospace sector is experiencing significant catalytic growth, leading to a substantial increase in industry prosperity [8][17]. - The establishment of a dedicated Commercial Aerospace Administration by the China National Space Administration marks a new phase in the development of commercial aerospace, enhancing stability and transparency in the industry [21]. - The successful launch of the Zhuque-3 reusable rocket signifies a breakthrough in China's commercial liquid rocket capabilities, supporting satellite internet and commercial remote sensing needs [10][21]. Summary by Sections Industry Overview - The industry comprises 142 listed companies with a total market capitalization of 2,915.34 billion yuan and a circulating market value of 2,530.17 billion yuan [2]. Key Developments - The Zhuque-3 rocket's successful launch on December 3, 2025, represents a critical milestone in the commercial aerospace sector, enabling a payload capacity of over 20 tons and reducing launch costs significantly [10][25]. - The 2025 China (Zhengzhou) Military Technology Information and Equipment Expo highlights advancements in military technology and the integration of civilian and military sectors [13][26]. Focus Areas - **Aerospace Equipment**: The Civil Aviation Administration is seeking opinions on emergency medical equipment for large aircraft, indicating a focus on enhancing safety standards [11][23]. - **Military Electronics**: Companies such as Gaode Infrared and Tianjian Technology are highlighted as key players in the military electronics sector [19][22]. - **Nuclear Equipment**: China and France are enhancing cooperation in the peaceful use of nuclear energy, focusing on technology innovation and safety [30][32]. Market Performance - The defense and military industry index rose by 2.82% in the past week, outperforming other major indices [33][38]. - The current PE (TTM) for the defense and military industry is 69.3 times, with aerospace equipment at 73.6 times and space equipment at 317.8 times, indicating high investor interest [39][44].

凤凰网财经讯，12月6日至8日，2025大湾区科学论坛在粤港澳三地联动启幕，一场覆盖前沿科技与产业融合的"头脑风暴"正式拉开帷幕。 本届论坛以"智创湾区 产研共融"为核心理念，系统设置开幕式、主论坛、多场分论坛及系列特色活动，聚焦新一代人工智能、新材料、脑机接口与类脑智 能等前沿科技方向，直面"卡脖子"关键领域，展开多层次、前瞻性、战略性的深度对话与路径探索。 论坛嘉宾阵容强大，学术号召力显著。论坛汇聚了包括图灵奖得主约翰·霍普克罗夫特、中国科学院院士陈和生、唐本忠等50余位顶尖科学家，其中两院院 士39人、海外学术机构院士16人。科学家们将围绕新一代人工智能、新材料、脑机接口等前沿领域展开前瞻性探讨。群贤毕至，思想汇聚，共同为粤港澳大 湾区的科技创新与产业融合注入高端智力动能。 此外，高端智力的汇聚，亟需世界级的创新平台与科研利器。当前，加速器驱动嬗变研究装置、散裂中子源二期、先进阿秒激光设施等5个国家重大科技基 础设施正在广东加速建设，共同构成了探索未知、突破极限的国家级实验场，为核心科学问题的突破与"0→1"的原始创新提供着不可或缺的硬核支撑。 二、推动成果转化"1→100"，精准匹配产业需求 原始创新 ...

聚焦创投圈投融资最新情报。 12月3日，以"百廿策源汇智全球"为主题的2025年复旦科创大会在复旦大学相辉堂举行，一系列关键举措密集"上新"。其中，复旦科创海外投资基金启 动，复旦科创海外投资基金，首期目标规模为一亿美金。 该基金聚焦天使轮、Pre-A轮、A轮早期项目，致力于"做创业者的首位机构投资人"，重点布局生命健康、人工智能、新能源新材料等"3+X"前沿领域，关 注源自复旦核心科研机构与实验室的原创性技术成果，为企业"1-10"产业落地与商业化赋能。基金旨在加快复旦科研成果和本土创新企业的产业化与国际 化进程，将中国的硬科技突破转化为普惠全球的创新成果，提升中国在全球科技格局中的影响力。 近日，天津团泊华海海河创新产业发展股权投资基金合伙企业（有限合伙）顺利完成工商注册，标志着该基金正式迈入运营阶段。 广东粤科风投现场公布了基金设立情况与首期投资计划。基金设有严谨的投资决策与风控流程，并创新设置属地前置审核环节，总投资5亿元，首期出资1 亿元，目前已初步筛选出多个意向落地福州的项目，计划于2026年上半年分批推进投资，与本地产业形成深度协同。 "此次基金的设立为福州低空经济发展奠定了坚实基础，我们将发挥 ...

Core Insights - The 2025 Marine Economy Application Scenario Innovation and Industry Development Conference was held in Zhanjiang, focusing on the theme "Deep Blue Opportunities, Scene Navigation" [1] - The conference featured high-level discussions on accelerating scene innovation to explore new spaces for deep-sea development [1][3] Group 1: Key Discussions - The "Zhanjiang Bay No. 1" project was highlighted as a foundational example of offshore ranching, overcoming equipment challenges in the South China Sea and providing a replicable model for deep-sea aquaculture [3] - The collaboration between Guangzhou and Zhanjiang in marine economic development was emphasized, leveraging Zhanjiang's vast marine area and Guangzhou's technological strengths [6] - The current state of deep-sea aquaculture equipment in China was discussed, with over 70 large-scale aquaculture devices developed, positioning the country among the global leaders [8] Group 2: Industry Innovations - Guangdong Feixing Technology announced a strategic partnership with Zhanjiang Hengxing Group, aiming to enhance marine economic development through advanced delivery systems [10] - Shenzhen Qianxing Innovation Technology reported significant advancements in underwater robotics, breaking the monopoly of Western countries and expanding its market reach [12] - Shenzhen Haisebi Marine Technology introduced a "green energy island" initiative, integrating various technologies to create new marine economic models by 2026 [14] Group 3: Reports and Future Directions - The conference presented the first comprehensive annual report on marine economic application scenario innovation, outlining a "7-45" scenario map across seven fields and 45 key scenarios [19] - Zhanjiang's Development and Reform Bureau released a comprehensive marine application scenario list, including 48 specific project scenarios across nine major fields [19] - The successful hosting of the conference aligns with national strategies for marine economic development and the promotion of new application scenarios [19]

这份跨越时空的精神联结，以科学为纽带，不断焕发新的时代光芒。 此前，腾冲科学家论坛已成功举办三届，吸引了百余名高层次人才循着这份文脉而来，为边疆注入学术 活力。截至2024年底，论坛累计促成人才引进项目496个，招商引资项目780个，协议投资1900亿元。 本届论坛赓续西南联大精神，云南省人民政府与7所大学签署合作协议，云南省相关部门、地区共签订 招才引智项目7个、招商引资项目13个，合作领域覆盖生物医药、高原特色现代农业、数字经济、先进 制造业、文旅产业、低空经济等，推动科技创新及人才培养需求深度融合，为边疆民族地区高质量跨越 式发展注入动能。 12月6日，嘉宾出席2025腾冲科学家论坛开幕式。新华社记者 王安浩维 摄 新华社昆明12月6日电（记者胡了然、王安浩维）正值岁末，云南腾冲，日暖风和。这片素有"极边第一 城"之称的土地，正迎来一场汇聚全球智慧的科技盛会——2025腾冲科学家论坛12月6日在此开幕。 诺贝尔物理学奖获得者康斯坦丁·诺沃肖洛夫、菲尔兹奖获得者埃菲·杰曼诺夫、图灵奖获得者姚期智等 国际顶尖学者，以及120余位院士、70余位国内外大学校长等千余位专家学者和企业家代表齐聚于此， 围绕"科学· ...

12月6日，由中国证券报主办的"双创融合 智启新程——2025科创投资大会"在安徽合肥举行。时值"十四五"决胜收官与"十五五"谋篇关键节点，近千位来 自政、产、投、研等领域代表齐聚江淮，共同探讨以耐心资本培育未来产业、以科技创新与产业创新深度融合驱动高质量发展的实践路径，为推动"科技 —产业—金融"良性循环凝聚智慧、汇聚合力。 2025科创投资大会在安徽合肥举行 科技创新与产业创新深度融合，呼唤资本更好发挥好纽带作用。新华社副总编辑任卫东致辞表示，私募股权、创投机构要以"科技"为引擎，引导资本投 向"最先一公里"；以"金融"为活水，浇灌企业茁壮成长；以"融合"为路径，构建共创共赢的科创生态。新华社将充分发挥旗下中国证券报等媒体的专业优 势，讲好时代故事，做中国科创力量的"记录者"与"展示者"，为科创投资、双创融合营造积极的舆论氛围。 战略引领 耐心资本育未来 "十五五"规划建议清晰擘画了未来五年国家现代化建设与产业体系构建的战略蓝图，也为资本市场赋能科技创新、培育新质生产力指明了战略方向。 在主题演讲中，国务院发展研究中心原党组书记马建堂重点解读了"十五五"规划建议的三条主线：坚持高质量发展，为基本实现社会主 ...