买东西支付现金遭商家拒绝？未来遇到这种情况，消费者可以进行维权。12月19日，人民银行会同国家 发展改革委、金融监管总局制定发布了《人民币现金收付及服务规定》（以下简称《规定》），自2026 年2月1日起施行。 根据《规定》，社会公众发现收费单位、经营主体拒收现金，或对现金支付采取歧视性措施的，可保存 证据并向当地中国人民银行分支机构申请依法维权。人民银行会同国家发展改革委对因拒收现金受到处 罚的违法当事人，依法依规进行公示。人民银行及其分支机构有权对拒收现金行为进行监督检查，相关 当事人应如实提供有关资料，不得拒绝、阻挠、逃避检查，不得谎报、隐匿、销毁相关证据材料。 人民银行指出，各类行政机关、事业单位、公共服务收费单位、经营主体均应遵守人民币管理相关法律 法规，尊重公众支付方式自主选择权，共同维护现金使用环境。 新场景无法收取现金？"无人值守"等模式也应提供现金支付方式 随着我国支付行业的不断发展，越来越多的创新店、支付形式不断增多，但也给现金支付带来一定的麻 烦。如无人值守的店面并未设置现金收付的窗口，导致现金无法购买商品的现象层出不穷。不过，在未 来，这些新型场景模式，也必须提供现金支付方式。 《规定 ...

Industrial Sector - Raw material production continues seasonal adjustments, with steel and building materials showing mixed performance[1] - The operating rate of petroleum asphalt and cement clinker has decreased, while the float glass operating rate remains stable[1] - The operating rate of polyester in textiles has weakened seasonally, while the operating rate of full steel tires in the automotive sector has increased[1] Real Estate - New home sales in 30 major cities decreased by 28.4% year-on-year, but the growth rate improved by 3.4 percentage points compared to last week[1] - The year-on-year decline in new home sales for December is 30.2%, a slight improvement of 0.3 percentage points from the previous month[1] - The second-hand housing listing price index fell by 0.54% week-on-week, with the decline narrowing[1] Domestic Demand - Movie box office revenue remains high, with an increase of 78.7% year-on-year, averaging 90.73 million yuan per day[1] - Retail sales of home appliances decreased by 22.5% year-on-year, but improved by 0.6 percentage points from the previous value[1] - The volume of postal express collection increased by 3.8% year-on-year, although it has declined compared to the previous month[1] External Demand - Port cargo throughput increased by 3.4% year-on-year, with container throughput rising by 10.6%[1] - The export container freight index increased by 0.6% week-on-week, continuing its upward trend[1] - South Korea's export value increased by 3.5% year-on-year, although the growth rate fell by 4.9 percentage points compared to November[1] Price Trends - The industrial product price index rose by 1.0%, with black raw materials and non-ferrous metals increasing by 3.9% and 0.8% respectively[1] - Rebar futures prices increased by 1.9%, while spot prices rose by 1.1%[1] - Agricultural product wholesale price index rose by 0.5%, continuing to outperform the same period last year[1]

Group 1 - The core viewpoint of the report is that the express delivery industry is experiencing a recovery in performance due to price increases and seasonal volume growth, with a recommendation for leading companies like SF Holding and Zhongtong Express [1][5] - In November, the express delivery business volume grew by 5.0% year-on-year, with a cumulative total of 1,807.4 billion parcels from January to November, reflecting a 14.9% increase year-on-year [2][3] - The average unit price for SF Holding increased by 0.29 yuan in November, indicating a shift from scale-driven growth to value-driven growth, which is beneficial for profit margin recovery [3][4] Group 2 - The express delivery industry saw a significant price increase of 1.9% month-on-month in November, with the average unit price at 7.62 yuan, although it remains down 8.3% year-on-year [4] - The competitive landscape is changing, with a focus on high-quality development and a notable shift in market dynamics due to the "anti-involution" trend, which has led to price recovery since August [5] - The market share for express delivery companies from January to November shows that Zhongtong holds 15.6%, Shentong 13.1%, Yunda 13.0%, and SF Holding 8.4%, with SF Holding gaining 0.8 percentage points year-on-year [3]

Core Viewpoint - The report from Cinda Securities recommends focusing on leading companies in the express delivery industry, particularly SF Holding and Zhongtong Express, due to expected improvements in operational and cash flow performance as the industry undergoes significant changes and price recovery [1][5]. Group 1: Industry Performance - In November, the express delivery industry experienced a year-on-year growth of 5.0% in business volume, with a cumulative total of 1,807.4 billion parcels delivered from January to November, reflecting a 14.9% increase year-on-year [2][3]. - The cumulative online retail sales of physical goods reached 11.82 trillion yuan from January to November, growing by 5.7% year-on-year, which is 1.7 percentage points higher than the total retail sales growth [2]. Group 2: Company Performance - In November, the business volumes for major companies were as follows: YTO Express delivered 2.886 billion parcels, Shentong Express 2.502 billion, Yunda Express 2.175 billion, and SF Holding 1.534 billion. SF Holding showed the highest growth rate at 20.13% [3]. - For the cumulative business volume from January to November, the figures were: YTO Express 28.26 billion parcels, Shentong Express 23.64 billion, Yunda Express 23.45 billion, and SF Holding 15.16 billion, with SF Holding leading in growth rate at 27.25% [3]. Group 3: Pricing Trends - The express delivery industry saw a 1.9% month-on-month increase in average pricing in November, with the average price per parcel at 7.62 yuan, down 8.3% year-on-year [4]. - SF Holding's average price per parcel increased by 0.29 yuan month-on-month to 13.47 yuan, while Shentong Express's price rose by 0.23 yuan to 2.41 yuan [4]. Group 4: Future Outlook - The express delivery industry is expected to continue growing, driven by the expansion of e-commerce and the rise of live-streaming commerce, despite a downward trend in the average value of goods per parcel [5]. - The ongoing "anti-involution" trend in the industry is leading to price recovery and a shift towards high-quality development, suggesting a potential acceleration in market differentiation among companies [5].

今年以来申通快递已经1次登上龙虎榜，最近一次登上龙虎榜为7月25日，当日龙虎榜净买入1411.43万 元；买入总计1.63亿元 ，占总成交额比20.47%；卖出总计1.49亿元 ，占总成交额比18.69%。 12月22日，申通快递盘中下跌2.06%，截至10:09，报14.28元/股，成交1.02亿元，换手率0.48%，总市值 218.60亿元。 资金流向方面，主力资金净流出1389.33万元，特大单买入145.81万元，占比1.43%，卖出507.18万元， 占比4.99%；大单买入1887.61万元，占比18.56%，卖出2915.57万元，占比28.67%。 申通快递今年以来股价涨41.89%，近5个交易日涨0.92%，近20日涨1.06%，近60日跌23.88%。 截至9月30日，申通快递股东户数4.07万，较上期减少4.36%；人均流通股36082股，较上期增加2.81%。 2025年1月-9月，申通快递实现营业收入385.70亿元，同比增长15.17%；归母净利润7.56亿元，同比增长 15.81%。 分红方面，申通快递A股上市后累计派现16.14亿元。近三年，累计派现1.31亿元。 机构持仓方面 ...

Group 1: Macroeconomic Insights - The U.S. job market remains stable, with mild inflation, despite disruptions from government shutdowns, leading to only a slight increase in interest rate cut expectations [2][3] - Recent data indicates a marginal improvement in construction starts and an increase in government bond issuance, while retail sales have weakened due to subsidy reductions and weak demand during the "Double Eleven" shopping festival [3][4] - The market is currently in a phase of uncertainty, with expectations for a spring rally, but liquidity conditions remain cautious as institutional buying slows down [4][5] Group 2: Investment Strategies - It is recommended to position for the upcoming spring market rally by focusing on sectors such as AI, batteries, non-ferrous metals, and certain chemicals that are expected to improve [5][6] - The report suggests a cautious approach to small-cap stocks, which have shown weakness recently, while emphasizing the importance of sector rotation and focusing on undervalued segments [11] - The report highlights the potential for a rebound in oil prices due to supply disruptions, with a focus on industrial metals and agricultural products in the current investment strategy [6] Group 3: Company-Specific Analysis - China Shenhua's acquisition of assets from the State Energy Group is expected to enhance its EPS and resource base, with a total transaction value of approximately 133.6 billion yuan [19] - JD Group is facing short-term revenue pressure due to high base effects from previous subsidy actions, with projected revenue growth of only 0.4% in Q4 2025 [20] - The report indicates that the logistics sector, particularly express delivery, is experiencing a slowdown in volume growth, but companies with strong cash flow and cost advantages are expected to benefit [15][16] Group 4: Regulatory Developments - The new asset-liability management regulations for insurance companies are expected to enhance the industry's ability to manage risks associated with low interest rates and new accounting standards [16] - The EU's decision to delay anti-dumping measures on Chinese tires reflects ongoing trade dynamics, with potential implications for companies with overseas production capabilities [17]

Core Viewpoint - The article highlights the initiative of the Wenzhou Federation of Trade Unions to provide affordable meals for new employment form workers, addressing their challenges in accessing timely and affordable food options while enhancing their sense of belonging in the city [1][2][3]. Group 1: Initiative Overview - The "Union Love Meal" program was launched in Wenzhou to offer affordable meals at 10 yuan, aiming to support new employment form workers who often face difficulties in meal access due to their work schedules [1][2]. - The program is backed by a yearly budget of 200,000 yuan from the Wenzhou Federation of Trade Unions, distributing 20,000 meal vouchers to new employment form workers [2]. - The initiative has expanded to include breakfast options, catering to various outdoor laborers, with meals priced at 3 yuan for breakfast and 10 yuan for lunch and dinner [2][3]. Group 2: Community Impact - The program has seen a stable daily attendance of 70-80 people at the dining facilities, indicating a strong demand for the service among workers [2]. - The meals are designed to be nutritious and cater to diverse tastes, with over 40 different dishes available weekly, ensuring that the dietary preferences of various workers are met [3]. - The initiative has fostered a collaborative environment, involving over 100 enterprises and multiple government departments to enhance service delivery to workers [4]. Group 3: Future Developments - The "Union Love Meal" program is set to expand nationwide in June 2024, with a comprehensive service network being established across 102 cities, aiming to serve over 22 million new employment form workers [5][6]. - The program will integrate with the "Worker's Home" app to provide more efficient meal ordering and service access for workers [6]. - The initiative is part of a broader strategy to improve the welfare of new employment form workers, including additional services like affordable haircuts and entertainment options [6].

【#宠物邮寄乱象调查#：#活体宠物顺丰邮寄与普通快递混运#】 "快递到的时候就死了。"邵琳（化 名）没想到，前两天还在镜头前活蹦乱跳的小猫，竟然会死在快递车上。邵琳说，如果早知道是这个结 果，自己就不会选择在直播间下单购买。而更让邵琳不解的是，卖家为何不使用宠物专车托运，而使用 顺丰邮寄小猫？@新京报 记者调查发现，通过顺丰邮寄猫狗的情况并非个案，一些宠物卖家甚至将"通 过顺丰邮寄"当作销售噱头。今年9月下旬，新京报记者在江苏徐州等地调查发现，作为全国重要的宠物 繁育基地，徐州聚集大量销售宠物的网络卖家，每天都有大量活体宠物通过顺丰的快递网络，与其他货 物一起发往全国各地。而在邮寄过程中，不仅可以不用填写真实的寄件人信息，也不需要寄件人提供相 关检疫证明。"采用普通快递寄递活物，违反了《中华人民共和国邮政法》和《快递暂行条例》等法律 法规。"物流行业专家、《现代物流报》社长杨达卿介绍说，根据《中华人民共和国动物防疫法》及其 他相关规定，猫和狗需要取得动物检疫证明方能运输。一些平台也有类似规定，如国内某短视频平台宠 物交易售后保障与服务指南中，也明确提到，宠物须通过航空有氧舱运输或陆运专车派送，不采用快递 形式 ...

Core Insights - The article highlights the significant presence of Chinese brands in Indonesia, showcasing their integration into the local market and consumer culture [2] - Indonesia has become a crucial market for Chinese companies due to its large population, youthful demographic, and rapid economic growth, leading to increased consumer spending [3] - The article discusses successful business models of Chinese companies in Indonesia, emphasizing the importance of localization and leveraging domestic supply chains [6][11][14] Group 1: Market Overview - Indonesia is the fourth most populous country in the world with over 280 million people, and about half of its population is under 30 years old, indicating a strong consumer base [3] - The bilateral trade volume between China and Indonesia is projected to reach $147.8 billion in 2024, marking a 6.1% year-on-year increase [2] - The e-commerce market in Indonesia is expected to grow at a compound annual growth rate (CAGR) of 28% from 2019 to 2024, reaching 3.4 times its size in 2019 [3] Group 2: B2C Market Segmentation - The projected Gross Merchandise Value (GMV) for various B2C categories in Indonesia by 2029 includes: - Fashion and Apparel: $273.6 billion with a CAGR of 14.6% [4] - Consumer Electronics: $213.9 billion with a CAGR of 15.1% [4] - Food and Beverage: $164.3 billion with a CAGR of 17.2% [4] - Beauty and Personal Care: $144.9 billion with a CAGR of 20.6% [4] - Furniture and Home: $70.6 billion with a CAGR of 19.3% [4] Group 3: Successful Business Models - Cool-vita, a health supplement brand, achieved over 10 million sales in its first year and a GMV CAGR of over 200% over six years, becoming the top online health brand in Indonesia [9] - The company adopted localized marketing strategies, such as selling single units of products to cater to local purchasing power [11][13] - Xiaomi established a production facility in Indonesia in 2017, achieving 100% local production and becoming the second-largest smartphone brand in the country by 2018 [18][19] Group 4: Strategic Insights for Market Entry - Companies are encouraged to develop localized marketing strategies that resonate with the Indonesian consumer base [11] - Utilizing domestic supply chain advantages can enhance operational efficiency and market responsiveness [14][15] - Management teams should include local talent to ensure effective execution of strategies and cultural integration [16][17] Group 5: Future Opportunities - The article outlines plans for a private board focused on helping businesses capture opportunities in Indonesia's consumer market, emphasizing the importance of local insights and strategic partnerships [29][31]

Group 1 - The core idea of the articles revolves around the establishment and impact of the women's federation in the transportation and logistics industry in Laibin City, Guangxi, aimed at supporting female workers through various initiatives and services [1][2][4]. - The Laibin City Transportation and Logistics Women's Federation was established in August last year, covering over 500 women in the transportation, logistics, and express delivery sectors [2]. - The federation has set up 12 "Youyou Pavilion" stations to provide essential supplies and emergency items for female workers, enhancing their working conditions and support [3][4]. Group 2 - The federation organizes psychological counseling services at various stations, offering one-on-one support to women in the industry [4]. - The federation has recognized and promoted outstanding female workers, with several women receiving honors for their contributions to the transportation sector [6]. - The federation aims to inspire female workers to engage in entrepreneurship and contribute to the high-quality development of the transportation industry in Laibin City [6].