Group 1 - Gansu Province aims to establish a national strategic raw material guarantee zone, targeting an industrial output value exceeding 1 trillion yuan by 2030, while fostering competitive industrial clusters [1] - The raw materials industry in Gansu is showing strong support, with a projected industrial added value growth of 14.7% in 2024, outpacing the provincial average by 3.9 percentage points, contributing 70.8% to the province's industrial output [1] - Major projects, including a 65 billion yuan investment in the Juhua Silicon Fluorine New Materials project, are underway, alongside the acceleration of the Lanzhou Petrochemical ethylene renovation and JinChuan Group copper smelting process upgrades [1] Group 2 - Gansu is accelerating the construction of a distinctive industrial pattern in the equipment manufacturing sector, with key enterprises like Lanzhou Lishi Group and Electric Group being cultivated [2] - The province has established six major specialized sectors, including petrochemical equipment, new energy equipment, and high-end CNC machine tools, creating industrial clusters in Lanzhou and Tianshui [2] - With a solid industrial foundation, Gansu is set to promote the high-end, intelligent, and green transformation of manufacturing, supporting industrial upgrades in the western region [2]

数据统计显示，中证上海科技领先指数近一个月上涨3.22%，近三个月下跌6.91%，年至今上涨5.45%。 资料显示，指数样本每半年调整一次，样本调整实施时间分别为每年6月和12月的第二个星期五的下一 交易日。若原样本在所属中证二级行业内总市值排名位于前2名则优先保留。每次调整的样本比例一般 不超过30%。权重因子随样本定期调整而调整，调整时间与指数样本定期调整实施时间相同。在下一个 定期调整日前，权重因子一般固定不变。特殊情况下将对指数进行临时调整。当样本退市时，将其从指 数样本中剔除。样本公司发生收购、合并、分拆等情形的处理，参照计算与维护细则处理。 据了解，中证上海科技领先指数选取上海市50只盈利能力强、成长能力强、研发投入高的上市公司证券 作为指数样本，以反映上海地区科技领域上市公司证券的整体表现。该指数以2018年12月28日为基日， 以1000.0点为基点。 从中证上海科技领先指数持仓的市场板块来看，上海证券交易所占比77.27%、深圳证券交易所占比 22.73%。 金融界5月21日消息，上证指数上涨0.21%，中证上海科技领先指数 (上海科技领先，932157)报1547.52 点。 从中证上海科 ...

Core Points - The Shanghai Composite Index rose by 0.21%, while the Shanghai China Manufacturing Theme Index increased by 0.1%, closing at 1417.05 points with a trading volume of 40.378 billion yuan [1] - Over the past month, the Shanghai China Manufacturing Theme Index has increased by 2.74%, but it has decreased by 6.30% over the last three months and is down 3.76% year-to-date [1] - The index includes representative listed companies in sectors such as new generation information technology, high-end CNC machine tools and robotics, aerospace equipment, energy-saving and new energy vehicles, electric power equipment, new materials, biomedicine, and high-performance medical devices [1] Index Composition - The top ten weighted stocks in the Shanghai China Manufacturing Theme Index are: Wanhua Chemical (4.13%), Guodian NARI (3.56%), Longi Green Energy (3.54%), CRRC (3.43%), China Shipbuilding (2.72%), Kingsoft Office (2.55%), Tebian Electric (2.32%), United Imaging (2.2%), AVIC Shenyang Aircraft (2.03%), and China Shipbuilding Industry Corporation (1.95%) [1] - The index is fully composed of stocks listed on the Shanghai Stock Exchange, with a 100% representation [1] Industry Breakdown - The industry composition of the index shows that industrials account for 55.63%, information technology for 16.96%, materials for 14.03%, healthcare for 11.77%, and consumer discretionary for 1.62% [2] - The index samples are adjusted semi-annually, with adjustments occurring on the next trading day after the second Friday of June and December each year [2] - Weight factors are generally fixed until the next scheduled adjustment, with special circumstances allowing for temporary adjustments [2]

文 ： 华创证券研究所副所长 、首席宏观分析师 张瑜（执业证号：S0360518090001） 联系人： 陆银波（15210860866） 核心观点 对于 4 月以来的经济情况，重点总结两方面的内容。 1 、经济的不变之处来自政策的"补"与出口的"抢" ，包括 4 个方面。投资端 1-4 月设备购置对全部投资增 长的贡献率为 64.5% ；消费端 4 月份家用电器和音像器材类、文化办公用品类、家具类、通讯器材类、建 筑及装潢材料类商品零售额对社零的贡献率为 27.4% ；生产端 4 月装备制造业对全部规模以上工业生产增 长的贡献率达 55.9% 。贸易端 4 月贸易顺差增速为 33.6% ，略低于 1 季度，但依然处于偏高水平。 1 季 度，贸易顺差对 GDP 的贡献率为 39.5% 。 2 、经济的变化之处来自地产与制造业 。 对于地产，自去年 9 月政治局会议以来，最强的五个城市（ 70 大中城市内，以二手住宅价格上涨月数和幅度为标准）二手住宅量价动能有所趋缓。对于制造业，其内部 物价压力较大的原材料业（本轮 PPI 自 2022 年 5 月以来，原材料加工业下跌幅度较大），其投资增速快 速放缓， 1-4 ...

用足用好超长期特别国债资金，推动"两新"加力扩围政策加快落地、持续显效，成为扩消费、稳投资、 促转型、惠民生的重要引擎。 5月20日，国家发展改革委召开5月份新闻发布会。 二是有力拉动投资增长。1—4月，设备工器具购置投资同比增长18.2%，对全部投资增长的贡献率为 64.5%。与"两新"密切相关的计算机及办公设备制造业、消费品制造业、装备制造业、制造业技改、原 材料制造业投资分别增长28.9%、13.4%、8.2%、5.1%、2.7%。 三是有力推动转型升级。随着绿色、智能、高品质产品消费需求持续释放，设备更新推动企业生产效率 持续提升，相关行业生产和效益同步向好。4月份，规模以上高技术制造业增加值、数字产品制造业增 加值均同比增长10.0%；充电桩、新能源汽车、电动自行车、平板电脑等产品增速分别为43.1%、 38.9%、35.9%、11.7%；新能源乘用车零售量90.5万辆，增长33.9%；新能源车零售渗透率达到51.5%， 同比提升7个百分点。 四是有力改善社会民生。消费品以旧换新活动有效满足居民对高品质生活的需求。截至5月5日，全国汽 车以旧换新补贴申请量突破300万份，消费者购买12类家电以旧换新 ...

Economic Performance - In Q1 2025, China's GDP reached 31.8758 trillion yuan, with a year-on-year growth of 5.4% and a quarter-on-quarter increase of 1.2%[3] - The industrial added value grew by 6.5% year-on-year, while the service sector's added value increased by 5.3%[4] - Fixed asset investment rose by 4.2% year-on-year, with infrastructure investment growing by 5.8%[16][20] Trade and Exports - Total goods trade in Q1 2025 was 10.3 trillion yuan, a year-on-year increase of 1.3%, with exports at 6.13 trillion yuan, up 6.9%[28] - The export of mechanical and electrical products reached 5.29 trillion yuan, growing by 7.7%[28] - The share of domestic brand exports increased to 22.8%, reflecting a 10.2% growth in this segment[28] Price Stability - The Consumer Price Index (CPI) decreased by 0.1% year-on-year, with food prices dropping by 1.5%[31] - The Producer Price Index (PPI) fell by 2.3% year-on-year, indicating a slowdown in the decline compared to previous quarters[33] Employment and Fiscal Policy - The urban survey unemployment rate averaged 5.3% in Q1 2025, showing stability in the job market[38] - National general public budget revenue was 6.0 trillion yuan, down 1.1% year-on-year, while expenditures increased by 4.2% to 7.3 trillion yuan[40]

Group 1 - The core viewpoint is that trade and investment between China and Chile have significantly increased over the past two decades, with China being Chile's largest trading partner for several consecutive years [1][3] - In 2024, the bilateral trade volume between China and Chile is projected to reach $61.69 billion, which is 8.6 times the amount before the China-Chile Free Trade Agreement came into effect and 18 times the amount before the establishment of the China-Chile Entrepreneurs Committee [1] - The trade has expanded beyond traditional labor-intensive products like agricultural products and textiles to include high-tech products such as machinery, electronics, and transportation equipment [1] Group 2 - Chile is a key investment destination for Chinese enterprises in Latin America, with direct investment stock from China in Chile reaching approximately $1.6 billion by the end of 2023 [1] - Investment areas have diversified from traditional sectors like energy and infrastructure to emerging industries such as renewable energy, digital economy, artificial intelligence, and biomedicine [1] - Chilean enterprises are increasingly active in investing and collaborating with China in technology [1] Group 3 - The "2050 National Development Vision" of Chile focuses on sustainable resource development and economic diversification, encouraging collaboration between Chinese and Chilean companies [2] - Companies are encouraged to leverage the China-Chile Free Trade Agreement along with RCEP and the Chile-ASEAN Free Trade Agreement to explore opportunities in technology innovation, digital economy, and green development [2] - Potential collaboration areas include creating a complete supply chain in manufacturing, participating in infrastructure projects through PPP and equity investments, and expanding cooperation in energy and digital technology sectors [2]

｜2025年5月14日星期三｜ NO.1 五部门联合印发广州南沙金融30条 "广东发布"微信公众号5月13日消息，中国人民银行等五部门联合印发《关于金融支持广州南沙深化面向世界的粤港澳全面合作的意见》，围绕完善创新创 业金融服务、加强社会民生领域金融服务、发展特色金融服务等七大方面出台30条措施。 点评：央行等五部门发文支持广州南沙深化粤港澳合作，可助力区域高质量发展。 点评：2025年台风或对华南华东沿海地区带来影响，相关区域需加强防灾措施，保障居民生活与企业生产稳定。 NO.4 香港特区官员将赴匈牙利和埃及推广大湾区 5月13日消息，香港特别行政区政府政制及内地事务局局长曾国卫近期将访问匈牙利和埃及，出席将在当地举办的粤港澳大湾区经贸合作交流会，共同推广 大湾区发展机遇。 点评：香港特区官员赴匈牙利和埃及推介大湾区，有利于地区深化与国际合作，拓展"一带一路"市场，助力湾区经贸对外联通与开放发展。 NO.5 深交所行情 5月13日，深证成指收报10288.08点，下跌0.13%。 | 深市领涨 | 最新股价 | 涨幅 | | --- | --- | --- | | 酷特智能 | 24.41 元 | 20.0 ...

齐鲁晚报.齐鲁壹点徐晓磊 近日，山东省工业和信息化厅发布了2025年山东省制造业中试平台名单，齐鲁制药有限公司承担建设的山东省生物药中试平台等9家平台 入选。其中，济南市入选4家，位居全省首位。 此次培育建设为山东省首次开展制造业中试平台培育建设工作。制造业中试平台是由企业、专业机构、高校和科研院所等主体以市场机 制为牵引自愿建设、自主结合，为处在试制阶段的新产品转化到生产过程提供中试服务的法人实体，是制造业创新体系的有机组成部分 和现代化产业体系的重要支撑。 | 序号 | 平台名称 | 所属行业 | 重点方向 | 所在地 | 承担单位 | 建设运营模式 | 联合单位 | | --- | --- | --- | --- | --- | --- | --- | --- | | 1 | 山东省生物药中试平台 | 消费品工业 | 药品 | 济南市高新区 | 齐鲁制药有限公司 | 龙头企业自主建设 | 无 | | 2 | 山东省医疗装备中试平台 | 装备制造 | 医疗装备 | 济南市高新区 | 博科控股集团有限公司 | 龙头企业自主建设 | 无 | | 3 | 山东省功能型特种树脂中 试平台 | 原材料工业 | 石化 ...

德国联邦外贸与投资署是德国联邦政府对外贸易和对内引资的机构。该机构为进入德国市场的外国公司 提供咨询和支持，并协助在德成立的企业进入外国市场。 报告指出，中国企业在德绿地投资保持稳定，投资行业领域主要集中在电子产品与自动化(占比25%)、 能源与原材料(21%)以及交通与物流(19%)。从业务形式分布来看，市场与销售类项目占比最高，为 41%；生产与研发项目占比26%，同比增长4个百分点；欧洲总部类项目占比11%。 报告撰写人托马斯·勃泽岩(Thomas Bozoyan)表示，与去年一样，中国企业在德国投资了数量可观的新项 目，这表明中国仍是德国绿地投资和扩张投资的重要来源国。 德国联邦外贸与投资署12日在柏林发布《2024年外国企业在德国投资报告》。报告显示，2024年共有 1724个外国绿地投资和褐地投资项目落户德国，同比微降2%。其中，中国以199个投资项目数量稳居第 三。 (责任编辑：王擎宇) 报告显示，2024年外国企业在德投资总额达到232亿欧元。从外国投资项目数量来看，美国以229个投资 项目位居第一，较上年下降2.6%；瑞士以202个投资项目位列第二，投资项目数与去年持平；中国则以 199个投 ...