（原标题：方盛股份龙虎榜数据（12月25日）） 方盛股份（920662）今日上涨2.33%，全天换手率27.04%，成交额2.18亿元，振幅10.73%。龙虎榜数据显示，机构净买入92.17万元，营业部席位 合计净买入1858.77万元。 北交所公开信息显示，当日该股因日换手率达27.04%上榜，机构专用席位净买入92.17万元。 证券时报•数据宝统计显示，上榜的前五大买卖营业部合计成交6099.15万元，其中，买入成交额为4025.04万元，卖出成交额为2074.10万元，合计 净买入1950.94万元。 具体来看，今日上榜的营业部中，共有1家机构专用席位现身，即卖二，买入金额486.83万元，卖出金额394.66万元，合计净买入92.17万元。 近五日涨跌:3.79% 市盈率: 67.26倍 近半年该股累计上榜龙虎榜28次，上榜次日股价平均涨1.23%，上榜后5日平均涨5.47%。（数据宝） 方盛股份12月25日交易公开信息 | 买/卖 | 会员营业部名称 | 买入金额（万元） | 卖出金额（万元） | | --- | --- | --- | --- | | 买一 | 中信证券（山东）有限责任公司邹城凫山 ...

Group 1: Fiscal Performance - During the "14th Five-Year Plan" period, Shandong's general public budget revenue exceeded 700 billion yuan, increasing from 656 billion yuan at the end of the "13th Five-Year Plan" to 771.2 billion yuan in 2024, with an average annual growth of 4.1% [1] - The general public budget expenditure rose from 1.12 trillion yuan at the end of the "13th Five-Year Plan" to 1.31 trillion yuan in 2024, with an average annual growth of 3.9% [1] - Shandong implemented tax reduction and refund policies, with a cumulative reduction of over 700 billion yuan from 2021 to 2024 [1] Group 2: Investment and Support for Private Sector - Shandong has established 208 provincial government investment funds, investing in 1,858 projects with a total investment of 236.8 billion yuan, which has attracted 576.7 billion yuan in social capital [2] - The provincial finance department has directly invested over 36 billion yuan in support of private economic development during the "14th Five-Year Plan" [2] - A total of 976 projects in private enterprises received 97.2 billion yuan in investment, leading to over 240 billion yuan in social capital financing [2] Group 3: Social Welfare and Employment Support - Social welfare expenditure increased from 891.4 billion yuan in 2020 to over 1 trillion yuan in 2024, maintaining an 80% share of the budget [3] - A total of 161.54 billion yuan was spent on employment support, including 18.16 billion yuan in one-time entrepreneurial subsidies and 978.65 billion yuan in entrepreneurial guarantee loans [3] - The minimum standard for basic pensions reached 208 yuan per person per month, a 46.5% increase since 2020 [3]

市场回顾 11月美国CPI通胀数据低于市场预期。CPI同比增速降至2.7%（市场预期3.1%），核心CPI同比增长2.6% （市场预期3.0%），为2021年3月以来的最低水平。商品通胀明显回落。4-9月商品CPI通胀上行2.1pct至 1.9%，10-11月回落0.1pct至1.8%。环比增速亦大幅放缓，10-11月合计仅涨0.1%，相比之下8-9月合计涨 幅达到1.0%。原因可能在于财富效应对消费的支撑边际回落和关税影响消退。四季度美股陷入震荡行 情，结束了三季度的单边上涨，财富效应开始拖累居民消费，10-11月商品价格合计仅增0.1%，企业部 门针对关税的调价应该在中美贸易新框架下已经结束。这份通胀数据参考意义实际上比较有限。在美国 政府停摆期间，数据收集停止，劳工局使用非调查数据源进行计算，这使得数据的可比性存疑。降息预 期在数字公布后有所提升，但明年1月不降息的概率仍然高达72.3%，明年3月降息的概率维持在50%以 下，美国政府对于降低国债付息压力的诉求等原因是决定降息节奏的主要因素。 股市策略展望 上周综述 上周A股主要指数涨跌不一，量能小幅提升。 A股主要指数周涨跌幅（%） 资料来源：wind ...

中国人民银行举行新闻发布会，介绍金融支持加快西部陆海新通道建设有关情况。中国人民银行党委委 员、副行长陆磊表示，人民银行将会同相关部门和省区市，探索构建纵向贯通、横向联动、分工协作、 相互支撑的工作机制，以推动《关于金融支持加快西部陆海新通道建设的意见》落实落细。人民银行将 强化金融与各行业部门的联动协作。支持沿线省区市金融管理部门积极与当地政府有关部门合作，充分 动员金融机构力量形成工作合力。积极加强金融与产业、外贸商贸等实体领域的政策协同和信息共享， 提升发展合力。推动建立发布通道重大项目库、重点物流企业和物流园区名录库、通道相关企业清单 等"两库一清单"，针对清单内企业的融资结算便利化需求，加强多元化保障支持。加强财政金融联动， 鼓励和支持有条件的地区探索以融资贴息、风险分担等形式，支持通道发展重点领域、薄弱环节的融资 和金融创新。 责任编辑：王馨茹 责任编辑：王馨茹 中国人民银行举行新闻发布会，介绍金融支持加快西部陆海新通道建设有关情况。中国人民银行党委委 员、副行长陆磊表示，人民银行将会同相关部门和省区市，探索构建纵向贯通、横向联动、分工协作、 相互支撑的工作机制，以推动《关于金融支持加快西部陆海新 ...

上海市高级人民法院副院长林晓镍表示，下一步，上海法院将以更精准的司法裁判、更高效的解纷服 务、更坚实的协同保障，为上海加快建成与我国综合国力和国际影响力相匹配的国际金融中心提供更加 有力的司法保障。 记者了解到，《服务保障意见》聚焦科技金融、绿色金融、普惠金融、养老金融、数字金融"五篇大文 章"，精准施策，以司法保障激活金融服务实体经济新动能。其中，在科技金融领域，支持金融机构基 于专利质量、研发团队实力、数据资产规模等科技企业技术价值，创新信用评价标准，破解"轻资产、 缺抵押"融资难题。在数字金融领域，完善数字金融纠纷案件证据规则，针对涉互联网金融、在线交易 中电子数据存证难、取证难、示证难等突出问题，出台针对性的证据认证规则，规范电子数据证据的审 查认定标准。 此次发布的《服务保障意见》具有三方面突出特点。一是全新对标中央、市委、最高人民法院决策部 署，紧密对接加快建设上海国际金融中心任务安排。《服务保障意见》紧密围绕中央金融委员会《加快 建设意见》中提出的六大核心举措，逐一细化司法服务保障的内容、路径、方法。二是全面回应新时代 上海国际金融中心建设司法需求，系统集成金融司法保障功能。《服务保障意见》首次 ...

Core Viewpoint - In 2025, China's economy is expected to maintain steady growth despite complex external pressures, with a projected annual GDP of approximately 140 trillion yuan, positioning it among the world's leading economies [2] Economic Performance - China's economic growth rate for the first three quarters is 5.2%, with a forecast of 4.6% for the fourth quarter, leading to an overall annual growth rate of around 5% [2] - International organizations, including the IMF and World Bank, have raised their growth forecasts for China in December, with increases of 0.2 and 0.4 percentage points respectively [2] Policy Measures - The government aims to enhance domestic demand and leverage technological development as new economic drivers, emphasizing the need for reforms to achieve supply-demand balance [2][6] - A comprehensive plan for increasing urban and rural residents' income has been implemented, focusing on income distribution, individual tax, social security, and employment [5] Investment Trends - Investment in high-tech industries remains robust, with significant advancements in artificial intelligence and a notable increase in the number of intelligent factories [5][4] - The focus on technology innovation is expected to continue, with policies aimed at nurturing emerging and future industries [6] Future Outlook - Predictions for 2026 indicate a balanced economic operation with a growth rate of approximately 4.8%, driven by domestic consumption and service sector growth [6] - The macroeconomic policy will continue to be proactive, with an emphasis on technology innovation, advanced manufacturing, and quality consumption supply [7][8]

培训首日，山东省工程咨询院专家深入解读了项目谋划的政策机遇；山东社会科学院学者系统分析了双碳背景下 产业与能源转型的挑战与机遇；来自工业和信息化部钢铁行业标准化工作组、上海环境（601200）能源交易所、 中国银行业协会绿色信贷专委会的专家，分别就工业绿色转型实践、碳市场交易分析、绿色金融创新等主题进行 了精彩分享。课程内容既有理论高度，又具实践指导性，现场互动热烈，思想碰撞频繁。 据悉，次日培训将聚焦ESG与可持续发展战略、绿色产品与碳足迹认证实践，并特邀人工智能领军企业专家，探 讨AI大模型如何赋能产业创新变革。培训结束后，学员将带着新的知识、联结与行动共识返回工作岗位，将学习 成果转化为推动本地、本行业绿色转型的具体实践。 本期培训班是山东省绿色低碳产业发展协会发挥平台功能、服务全省战略的重要举措。通过系统化、高质量的能 力建设，旨在培育一支理解政策、精通业务、敢于创新的骨干队伍，为山东省绿色低碳高质量发展先行区建设注 入强劲的专业动能与协同合力。 2025年12月25日，由山东省绿色低碳产业发展协会主办的"2025年全省绿色低碳高质量发展先行区建设专题培训 班"在济南珍珠泉宾馆正式开班。来自全省各级发 ...

当地时间周三，美国股市因传统节假日临近提前结束交易，市场整体交投清淡。反映市场对标普500指 数未来波动预期的"恐慌指数"VIX跌至一年来新低，表明投资者对未来短期出现风险事件的担忧情绪得 到缓解。同时，市场仍预计美联储明年至少降息两次，降息预期拉动房地产、金融等周期股普遍上涨， 美国三大股指周三集体上涨。截至收盘，道指涨0.60%，标普500指数涨0.32%，纳指涨0.22%。其中， 道指与标普500指数均创收盘历史新高。 24日国际金价微跌 白银期价再创新高 贵金属方面，国际金价在周二站稳每盎司4500美元关口并创下历史新高后，部分投资者选择获利了结， 周三金价微跌。截至收盘，纽约商品交易所明年2月交割的黄金期价收于每盎司4502.8美元，跌幅为 0.06%。 国际金价在周二站稳每盎司4500美元关口并创下历史新高后，部分投资者选择获利了结，周三金价微 跌。白银期价周三延续强劲涨势，连续第四个交易日创下历史新高。有分析人士指出，银价快速攀升过 程中包含大量投机头寸，投资者需警惕银价短线大幅回调的风险。 24日美国三大股指集体收涨 道指与标普500指数创收盘历史新高 为拓展推理芯片业务 英伟达挖走一AI初创 ...

Group 1 - The core point of the article is that the U.S. GDP growth rate for Q3 is 4.3%, driven by increased consumer spending, exports, and government spending, marking the highest growth rate in two years [1][3] - Consumer spending, which accounts for about 70% of the U.S. economy, grew by 3.5% in Q3, supported by both goods and services, particularly in healthcare, international travel, and pharmaceuticals [4][5] - Exports saw a significant rebound of 8.8%, while imports decreased by 4.7%, contributing to the overall economic growth [4][5] Group 2 - The article discusses the feasibility of Elon Musk's prediction of double-digit GDP growth, highlighting three core issues: the potential growth rate ceiling, the structural challenges in growth drivers, and the global economic context [7][8] - The current economic environment shows that U.S. corporate investment remains weak, and for double-digit growth to be realized, AI investment must expand beyond a single sector to drive broader economic growth [7][8] - The global economic growth rate is only 3.2%, which may not support sustained high U.S. exports, and risks such as government shutdowns could further hinder growth [8][10] Group 3 - AI is recognized as a significant driver of economic growth, with predictions that it could contribute to a 12-13% increase in global GDP by 2040, contingent on supportive policies [15][18] - In the U.S., AI-related credit is expected to exceed $200 billion by 2025, contributing over 20% to GDP growth, indicating its critical role in the economy [15][18] - However, the limitations of AI are noted, as its contribution to GDP growth is projected to be less than 1% in the near term, suggesting it cannot solely drive the global economic recovery [15][18]

Core Viewpoint - The Guangdong government is accelerating the development of the low-altitude economy, with a focus on financial support through the "Twelve Measures for Financial Support of Guangdong's Low-altitude Economic Cluster" to address industry pain points and promote growth [2][3]. Group 1: Financial Support Measures - The "Twelve Measures" propose 12 initiatives focusing on mechanism construction, product service supply, collaborative interaction, and supporting guarantees to enhance financial support for the low-altitude industry [2]. - Financial institutions are encouraged to explore differentiated regulatory incentives and provide appropriate regulatory tolerance for beneficial financial explorations in the low-altitude economy [3]. - The establishment of specialized service departments or teams within financial institutions is encouraged to better serve the low-altitude economy, leveraging technological innovations [3]. Group 2: Financial Supply Matrix - The current financial supply is insufficient compared to the rapidly growing financing needs of the low-altitude industry, prompting the need for a comprehensive financial supply matrix [5]. - Financial institutions are encouraged to develop targeted financial products covering the entire lifecycle of low-altitude enterprises, from research and development to operation and insurance [5][6]. - Support for differentiated investment in low-altitude economic projects is emphasized, particularly for "hard technology" projects in the early stages of development [5]. Group 3: Industry Chain and Application Scenarios - Financial institutions are urged to support key enterprises in the low-altitude industry chain, facilitating access to capital markets and encouraging mergers and acquisitions [6]. - The focus is on empowering various application scenarios within the low-altitude economy, such as emergency rescue, urban governance, and logistics, by developing specialized credit and insurance products [6]. - The establishment of a "whitelist" for key low-altitude enterprises is proposed to enhance collaboration among government, financial institutions, and enterprises [9]. Group 4: Policy Tools and Collaboration - Financial institutions are encouraged to participate in expanding the scale of Guangdong's low-altitude industry fund and utilize structural monetary policy tools to support quality low-altitude enterprises [10]. - There is a call for enhanced collaboration between industry and financial regulatory departments to improve information sharing and establish a comprehensive support system for the low-altitude economy [10]. - The Guangdong Financial Regulatory Bureau plans to monitor the implementation of these measures and adapt policies to meet the evolving needs of the low-altitude economy [10].