人民财讯12月31日电，财政部、商务部、税务总局发布关于开展有奖发票试点工作的通知，试点城市申 报范围为地市级及以上城市（包括直辖市，计划单列市，各省、自治区省会或首府城市，地级市、州、 盟）。支持50个左右城市开展试点工作，主要向人口基数大、带动作用强、发展潜力好的城市倾斜，同 时兼顾地区间政策平衡。政策实施期为6个月。 试点城市对个人消费者以本人名义向零售、餐饮、住 宿、文化艺术、娱乐、旅游、体育、居民服务业等行业的经营主体购买商品和服务，且取得的票面金额 在一定额度以上的发票组织抽奖。试点城市自行确定中奖发票最低票面额度（不低于100元）、中奖比 例和奖项设置，及时兑付补贴资金。单张发票奖项金额原则上不超过800元。 ...

12月31日，财政部、商务部、税务总局发布关于开展有奖发票试点工作的通知。通知提出，支持试点城 市结合当地消费形势及工作基础，探索开展有奖发票活动，进一步提高消费者积极性。试点城市申报范 围为地市级及以上城市（包括直辖市，计划单列市，各省、自治区省会或首府城市，地级市、州、 盟）。支持50个左右城市开展试点工作，主要向人口基数大、带动作用强、发展潜力好的城市倾斜，同 时兼顾地区间政策平衡。政策实施期为6个月。 试点城市对个人消费者以本人名义向零售、餐饮、住 宿、文化艺术、娱乐、旅游、体育、居民服务业等行业的经营主体购买商品和服务，且取得的票面金额 在一定额度以上的发票组织抽奖。试点城市自行确定中奖发票最低票面额度（不低于100元）、中奖比 例和奖项设置，及时兑付补贴资金。单张发票奖项金额原则上不超过800元。 财政部 商务部 税务总局关于开展有奖发票试点工作的通知 （一）政策目标。按照党中央、国务院关于大力提振消费的决策部署，支持试点城市结合当地消费形势 及工作基础，探索开展有奖发票活动，进一步提高消费者积极性，激发零售、餐饮、住宿、文化艺术、 娱乐、旅游、体育、居民服务业等领域消费潜力，为巩固拓展经济稳中向 ...

❖ PMI 数据：制造业 PMI 有所回升 12 月制造业 PMI 为 50.1%，前值为 49.2%。具体分项来看：1）PMI 生产指 数为 51.7%，前值为 50.0%，回升 1.7 个百分点。2）PMI 新订单指数为 50.8%， 前值为 49.2%。PMI 新出口订单指数为 49.0%，前值为 47.6%。3） PMI 从 业人员指数为 48.2%，前值为 48.4%。4）供货商配送时间指数为 50.2%，前 值为 50.1%。5）PMI 原材料库存指数为 47.8%，前值为 47.3%。 其他值得关注的分项：1）外贸：出口订单指明显回升。新出口订单指数为 49.0%，前值为 47.6%。进口订单指数为 47.0%，前值为 47.0%。2）价格：12 月，PMI 出厂价格指数为 48.9%，前值为 48.2%，继续低于荣枯线。12 月， PMI 主要原材料购进价格指数为 53.1%，前值为 53.6%，7 月以来持续高于荣 枯线。3）预期：制造业预期有所回升。12 月，制造业生产经营活动预期指数 为 55.5%，前值为 53.1%。12 月，建筑业业务活动预期指数为 57.4%，前值为 57.9%。 ...

Core Insights - Kemin Food has expanded its business model by launching a noodle restaurant, Chen Kemin Noodle House, which emphasizes brand promotion and consumer engagement through a unique dining experience [1][2][4]. Group 1: Business Strategy - The new restaurant features a traditional Chinese courtyard design and offers a range of noodle dishes priced between 9.9 yuan and 39 yuan, showcasing the live noodle-making process to enhance customer experience [4][5]. - The company aims to address supply chain issues for small B-end clients while also focusing on expanding its market presence in various channels, including wholesale and catering [5][6]. - Kemin Food's strategic move into the restaurant sector is seen as a way to revitalize its brand and counteract declining sales in its core noodle products, which have seen revenue drops of 12.7% in 2023 and 6.37% in 2024 [6][8]. Group 2: Market Trends - The noodle restaurant market in China is becoming increasingly competitive, with a projected 785,000 noodle restaurants by Q1 2025, representing 9.7% of the overall restaurant industry [10][11]. - High-line cities are becoming hotspots for new noodle brands, with consumer preferences shifting towards unique dining experiences that emphasize freshness and cooking methods like "stir-frying" and "pot aroma" [10][11][14]. - The trend towards experiential dining is supported by a growing consumer willingness to pay for emotional value and scene experiences, particularly among younger generations [13][14]. Group 3: Future Outlook - The company plans to evaluate the performance of the new restaurant before considering further expansion beyond Changsha, indicating a cautious approach to growth [15][16]. - Experts suggest that establishing a sustainable customer repurchase habit and maintaining operational efficiency will be crucial for long-term success in the noodle restaurant sector [8][14].

跨年开市！元旦 来鹤山霄南村赴 一场"非遗美味 市集"_南方+_南 方plus "老板，帮我打 包两斤陈皮牛肉 丸！" "我们特意从佛 山开车过来，就 为了尝尝这里的 非遗牛肉，够正 啊！" 元旦假期的广东 江门鹤山龙口镇 霄南村，夜晚流 光溢彩，人声鼎 沸。摊主的吆喝 与游客的赞叹交 织，让古老的村 落化身热闹非凡 的"不夜城" 。 12月31日，为期 4天的鹤山龙口 第五届鲜卑牛肉 美食嘉年华，在 龙口镇霄南鲜卑 古村开展。本次 美食嘉年华的核 心亮点——"寻 味龙口 创享鲜 韵"美食文化市 集热闹开市。市 集规划科学，集 小吃品鉴、游乐 互动、特产展销 与文艺演艺于一 体。市集里，既 有龙口柴火粽等 非遗美食、生态 农产品鲜香登 场，也有网红特 色小吃集结亮 相，让你一站式 打卡地道风味。 热闹的市集背 后，是霄南村闲 置资源活化的智 慧结晶。该村创 新"户主收租+强 村公司托管+社 会经营"模式， 将8间闲置青砖 屋、红砖屋统一 修缮后，引入餐 饮、文创等业 态，打造出独具 特色的文化市集 空间。游客在整 洁有序、风貌独 特的古村街巷 中，不仅能品尝 到炸、蒸、煮、 炖、烙等多元工 艺的特色美食， 更 ...

⚫ 2025 年回顾：国内服务消费占比已提升至 47%，预计将进入快速增长 阶段，成为居民消费的主要构成部分。从政策着力点看，政策的长期性 和稳定性更受重视，服务消费在政策布局中的地位得到进一步凸显。从 估值角度看，社会服务板块当前市盈率仍低于近五年平均值，修复空间 仍存。 ⚫ 出行链：2025 年旅游市场收入承压，景区"冷热不均"成为突出特征。假 期时间的增加与春秋假制度的落地和推广将有效延长消费时长，出行需 求加速释放，行业迎来边际改善。 ⚫ 免税：机场免税市场格局迎来重要变革，引入国际免税零售商与机场股 权投资的双重创新有望为口岸免税市场注入新活力。政策利好与封关效 应直接催化离岛免税消费热潮，封关初期吸引的购物客流带动市场迅速 回暖。 ⚫ 餐饮：连锁化进程加速，头部餐饮企业通过标准化运营和品牌效应实现 快速扩张，行业预计将迎来加速出清，区域性连锁品牌加速向全国范围 扩店，具备规模优势和品牌效应的连锁龙头有望获得更大发展空间。 [Table_Title] 向阳花木易为春 [Table_ReportType] ——2026 年社会服务行业投资策略报告[Table_ReportDate] [行业核心观点： ...

一、为什么消费前要查看投诉记录？ 消费的本质是购买商品或服务，但信息不对称常让消费者处于被动。商家宣传往往突出优势，而真实的 服务质量、售后响应、问题处理效率，却可能藏在用户评价与投诉记录里。尤其在食品、餐饮、快递、 电商等高频消费行业，历史投诉集中反映的往往是商家的系统性短板或常见纠纷类型。 例如，某连锁外卖品牌若多次被投诉"餐品中有异物""商家不处理"，或某网红零食品牌常出现"包装破 损""保质期问题"，那么这些信息就是重要的消费预警信号。提前查看，相当于为本次消费增加了一 道"风控筛查"，避免自己成为下一个投诉者。 二、哪些投诉渠道的信息值得参考？ 在消费决策前，你是否也曾担心"踩坑"？尤其是在日常高频消费领域，如餐饮、外卖、网购食品 等，"吃出异物"类投诉屡见不鲜。这不仅影响消费体验，更可能涉及健康安全。如何提前预判商家服务 质量，有效规避风险？其实，借助公开、透明的消费者投诉 【下载黑猫投诉客户端】平台查询历史记 录，正成为越来越多人"消费前避坑"的实用策略。 目前，消费者可通过多种公开平台查询企业或商家的投诉历史，不同平台各有侧重： 三、以"食品安全"投诉为例，如何有效利用平台信息？ 第一步：多平 ...

智通财经APP讯，百胜中国(09987)发布公告，于2025年12月30日，该公司斥资626.8万港元回购1.69万 股。 ...

Core Insights - The restaurant industry in China is facing significant operational pressures in 2025, prompting companies to adopt various self-rescue strategies to regain consumer trust and focus on core business principles [1] Group 1: New Business Models - Major brands are launching sub-brands to explore new growth avenues, such as "Xiao Ma Liu" by Ma Liu Ji, which focuses on a lighter dining experience with a lower average spend of around 60 yuan compared to the main brand's 100 yuan [2] - Haidilao has opened community stores and a new style of hot pot restaurant, successfully diversifying into 14 different restaurant brands under its "Red Pomegranate Plan," generating 597 million yuan in revenue, a 227% year-on-year increase [2] - The introduction of new dining concepts like "Xiaboo Ranch" by Xiaoboo and "Bisheng Grilled Skewers" reflects a trend towards offering high-quality yet affordable dining experiences aimed at younger consumers [3] Group 2: Price Adjustments - Many restaurant brands have quietly reduced prices in response to declining customer spending, with notable examples including Jiumaojiu's price cuts and He Fu's 30% reduction in main product prices [4][5] - The average customer spending in the Chinese dining sector has seen a significant decline, with traditional Chinese dining experiencing a 29.5% drop in average spending since 2023 [5] Group 3: Shift Towards Freshly Cooked Meals - There is a growing consumer demand for freshly cooked meals, leading to a resurgence of "freshly stir-fried" offerings in the market, as seen with brands like Xi Bei and various noodle shops [6][7] - The trend towards "freshly cooked" is also influencing the takeaway sector, with companies like Qixian Xiaochu emphasizing fresh ingredients and transparent cooking processes [7] Group 4: Market Outlook - The overall revenue for the restaurant industry is projected to achieve low single-digit growth, reaching 5.7 trillion yuan in 2025, despite a high closure rate of restaurants [3] - Industry experts believe that returning to quality and service fundamentals will be crucial for companies to navigate the competitive landscape and seize new opportunities [8]

Group 1: Manufacturing Sector - In December, the Manufacturing Purchasing Managers' Index (PMI) rose to 50.1%, an increase of 0.9 percentage points from the previous month, marking the first time it has entered the expansion zone since April [8] - The production index reached 51.7%, up 1.7 percentage points, and the new orders index increased to 50.8%, up 1.6 percentage points, indicating significant improvement in manufacturing demand [8] - The new export orders index also improved to 49.0%, up 1.4 percentage points, suggesting a recovery in external demand [8] Group 2: Non-Manufacturing Sector - The Non-Manufacturing Business Activity Index rose to 50.2%, an increase of 0.7 percentage points, returning to the expansion zone [10] - The service sector's business activity index was at 49.7%, indicating it remains in the contraction zone despite a slight increase [11] - The construction sector showed improvement with a business activity index of 52.8%, up 3.2 percentage points, attributed to favorable weather and policy-driven infrastructure investments [12] Group 3: Economic Outlook - The overall economic activity in December showed signs of recovery, with both domestic and external demand improving due to effective growth stabilization policies [13] - The price indices showed mixed results, with the main raw material purchase price index decreasing by 0.5 percentage points to 53.1%, while the factory price index increased by 0.7 percentage points to 48.9%, indicating potential for improved corporate profits [9] - Looking ahead, the manufacturing PMI is expected to remain in the expansion zone into early 2026, supported by ongoing growth policies and a recovering market demand [13][14]