2月25日 新华社刊发 《节后黑龙江企业生产一线见闻》 其中报道了春节过后 大庆各重点企业迅速恢复生产 实干奋进的热潮 原文如下 春节过后，黑龙江省各重点企业迅速恢复生产。车间里机器轰鸣、生产线高速运转，涌动着实干奋进的新春热潮。 在大庆市林甸县牧原肉食品有限公司生产车间内，春节假期刚过，一线工人返岗，精瘦肉、肋排等产品不断出厂发货。 "得益于生产设备的智能化升级改造，2025年全年屠宰生猪212万头，实现产值36亿元，同比增长258%。"公司总经理邵长帅说，今年他们将加大市场开拓 力度，重点向华北等地区发力，力争实现产值再上新台阶。 大庆溢泰 在大庆高新区，国家级专精特新"小巨人"企业——大庆溢泰半导体材料有限公司车间内，70余名身着专业防尘服的技术人员紧盯操控屏幕，监测砷化镓晶 片的各项技术指标。 "我们始终聚焦核心技术攻关，不断提升产品附加值，生产通信等高端领域所需的砷化镓晶片产品。"公司总经理于会永说，产品将供应给国内头部半导体 企业。当前企业订单量同比增长35%，生产排期已到今年8月份，全体员工正争分夺秒赶进度、保交付。 企业稳健发展离不开金融"活水"。在中国农业银行大庆分行营业大厅内，工作人员细致 ...

制度设计紧扣湘西实际,聚焦生态文旅、绿色矿业、中医药、特色农业等特色产业,鼓励选拔懂方言、熟悉民族习俗的本土骨干,实现全州重点产业链、各个 县市全覆盖,推动将民族文化、生态资源优势转化为发展胜势。 日前,人民银行湘西州分行组织全州金融机构召开研讨推进会。各金融机构纷纷表态,将把贷款辅导员助企服务行动作为今年服务企业的"一把手工程"来抓, 以最快响应、最实举措、最优服务,让企业感受到金融服务的温度和速度。 各机构立即启动选拔,一大批具有丰富放贷经验的高级经理和分管信贷工作的行领导担任辅导员,最懂业务、最有情怀的骨干纷纷走到服务企业一线。建 立"辅导员推荐—内部对接人分派—审批快速响应"的闭环流程,对辅导员推荐企业实行优先受理、优先调查、优先审批,办贷时限明显压缩。同时,深入园 区、厂区、社区和田间地头,开展"一对一"融资诊断、信用培植和政策宣讲。 随着贷款辅导员助企服务行动的全面推开,一支"懂政策、精业务、熟产业、守底线"的专业化队伍将奔赴全州各地,成为连接政策与市场、银行与企业的"金 色纽带"。他们将在田间地头、工厂车间、文旅景区,播撒金融知识的种子,浇灌信用成长的幼苗,收获产业腾飞的果实。 （来源：湖南金融 ...

（来源：石狮市金融服务中心） 为深入贯彻落实党的二十届四中全会精神，提升资本项目开放水平，发展人民币离岸市场，完善跨境资 本流动宏观审慎管理，2026年2月26日，中国人民银行发布《关于银行业金融机构人民币跨境同业融资 业务有关事宜的通知》（以下简称《通知》），支持境内银行业金融机构与境外机构规范开展人民币跨 境同业融资业务。《通知》自发布之日起实施。 《通知》覆盖人民币跨境同业融资各类业务，将银行业金融机构人民币跨境同业融资净融出余额与其资 本水平、资金实力挂钩，促进合理开展业务。设置宏观审慎管理相关参数，根据市场形势进行逆周期调 节。相关参数设定充分考虑了市场需求与银行业金融机构经营情况，有利于为人民币离岸市场提供稳定 的流动性，推动人民币跨境使用。 下一步，中国人民银行将稳步推进《通知》落地实施，切实发挥跨境同业融资业务服务实体经济、促进 人民币离岸市场健康发展的积极作用。 中国人民银行有关负责人就《关于银行业金融机构人民币跨境同业融资业务有关事宜的通知》答记者问 问：《关于银行业金融机构人民币跨境同业融资业务有关事宜的通知》（简称《通知》）出台的背景是 什么？ 答：党的二十届三中、四中全会提出，推进人 ...

编者按：最近，独立研究机构 Citrini Research 提出一个"未来回顾式"的经济思想实验：如果未来几年人工智能（AI）技术不仅实现了所有预期，而且极致 地推动了生产率，经济真的会更繁荣吗？ 他们的回答是：不一定——甚至可能引发经济与金融体系的系统性危机。 发布推文已经有近2800万阅读。大众对于AI替代人类的排斥感与金融精英对结构性风险的担忧正在合流。 首席在昨天的推文里简要阐述了一下报告的主要观点，并请用户们做了一个简单的投票，结果如下： | Al+机器人会带来经济繁荣吗? 单选 | | | --- | --- | | 会提升人类的平均收入 | 48票 15% | | 会降低人类的平均收入 | 104票 33% | | 不好说,看Al能否达到人类智能 | 60票 19% | | 人会背锅, Al永远不会 | 54票 17% | | 未来人类可以自由选择是否需要工作,生存物资取之不尽了。 | 51票 16% | 回顾过去半个多月，从MiniMax与智谱AI市值在港股迅速逼近甚至超越快手、京东、携程开始，市场已清晰感知到一场不只是"技术突破"的资本重估。中 国以春节联欢晚会为代表，将AI推向全民叙事； ...

央行将远期售汇业务的外汇风险准备金率下调为0 宏观要闻 为促进外汇市场发展，支持企业管理好汇率风险，中国人民银行决定自2026年3月2日起，将远期售汇业 务的外汇风险准备金率从20%下调至0。下一步，中国人民银行将继续引导金融机构优化对企业汇率避 险服务，保持人民币汇率在合理均衡水平上的基本稳定。 湖南出台19条措施提振民间投资信心 《湖南省进一步促进民间投资发展的若干措施》近日印发实施。湖南从5个方面推出19条措施，进一步 提振民间投资信心，促进全省民间投资高质量发展。优化项目申报审批方面，湖南强化民间资本参与论 证，简化民间资本持股核算，细化民间资本参与要求，深化存量资产盘活工作，对需报省级层面审批 （核准）的具有一定收益的农业水利、能源、交通运输、原材料、高新技术产业、社会事业等领域项 目，具备条件的，支持民间资本持股比例可在10%以上，市场化程度高的项目，民间资本持股比例不设 上限。 ...

Group 1: Overseas Economic and Policy Environment - The US economy faces stagflation risks, with Q4 2025 GDP growth below expectations due to government shutdown impacts[13] - Non-farm employment data showed unexpected rebound, but the unemployment rate remains a concern as it may adjust after March[14] - The Eurozone is experiencing weak recovery, with February manufacturing PMI entering expansion territory for the first time since mid-2025[21] Group 2: Domestic Economic Performance - During the Spring Festival, national consumption-related industries saw a daily average sales increase of 13.7% compared to last year[30] - Smart products like smart glasses and intelligent robots saw sales growth of 47.3% and 32.7% respectively during the holiday[30] - Manufacturing investment growth is expected to be strong, with key product operating rates exceeding January averages[38] Group 3: Domestic Policy Environment - The central bank's monetary policy remains cautious, focusing on structural tools to support key sectors while maintaining liquidity stability[5] - Fiscal policy is actively supporting economic stability, with over 1.5 trillion yuan in new local special bonds issued by February 26, 2026[46] - The government is expected to prioritize spending on technology innovation and social welfare in the first quarter[46] Group 4: Risks and Outlook - Geopolitical risks and unexpected economic changes pose significant threats to domestic economic stability[6] - Inflation concerns are rising, with the Fed's rate cut window likely closed in the first half of 2026, impacting future monetary policy decisions[15]

2025年5月23日，中国人民银行发布《中国人民银行令〔2025〕第4号》，正式公布《业务领域网络安全 事件报告管理办法》(以下简称《办法》)，并明确自2025年8月1日起施行。该文件围绕金融行业网络安 全事件的分级标准、报告时限、处置流程与法律责任进行系统规范，被业内视为金融数据安全监管体系 的重要升级。 随着数字金融业务持续扩张，金融机构在网络攻击与数据泄露风险方面承压加剧。此次新规的出台，进 一步明确了数据泄露事件的量化标准与强时效报告机制，强化了金融行业的合规要求。 一、四级分类+量化标准：数据泄露正式纳入精细化监管框架 根据《办法》，网络安全事件按照"特别重大、重大、较大、一般"四个等级进行分类管理。对于数据泄 露类事件，将结合泄露数量、信息敏感程度等因素进行综合判定，并对应不同的报告与处置要求。 值得关注的是，《办法》明确提出具体数量分级红线，并将数据规模与敏感度作为核心认定指标。这意 味着，金融机构不仅要具备发现风险的能力，更需在短时间内完成泄露规模测算和等级判断。 业内分析指出，数据分级能力已成为金融行业网络安全治理的关键能力之一。 二、"1小时简报"机制压缩响应窗口 《办法》第十五条明确规定 ...

1月份贷款与垫款总额上升1.1%。其中在香港使用的贷款（包括贸易融资）及香港境外使用的贷款在1 月份分别上升0.7%及2.2%。由于港元存款的升幅较港元贷款的升幅大，港元贷存比率由12月底的 72.9%，下跌至1月底的72.3%。 1月份港元货币供应量M2及M3均上升1.1%，与去年同期比较均上升3.8%。1月份经季节因素调整的港元 货币供应量M1上升2.6%，与去年同期比较上升16.9%，部分反映投资相关活动。货币供应量总额M2及 M3于1月份均没有明显变动，与去年同期比较，M2及M3分别上升9.9%及9.8%。 智通财经APP获悉，香港金管局今日发表的统计数字显示，认可机构的存款总额在2026年1月份下跌 0.1%，其中港元存款上升1.3%，外币存款则下跌1.1%，主要反映企业资金流动。香港人民币存款在1月 份上升3.5%，于1月底为9939亿元人民币。跨境贸易结算的人民币汇款总额于1月份为10164亿元人民 币，而12月份为11774亿元人民币。 ...

1. Report Industry Investment Rating - No relevant content found. 2. Core Viewpoints of the Report - The certainty of the US economy has declined, and the market should follow the domestic economic expectations. The US economic resilience is facing challenges due to factors such as the uncertainty of monetary policy, changes in tariff policies, and persistent dollar liquidity tightness. In contrast, the domestic economy shows signs of an unexpected recovery, and the upcoming "Two Sessions" is expected to have a positive impact on the domestic asset prices [2][6]. 3. Summary by Relevant Catalogs 3.1 US Economic Situation - **Short - term Resilience with Increased Uncertainty**: Although the seasonally adjusted US consumption growth rate has declined, leading indicators suggest that consumption growth still has support. The relatively healthy labor market also indicates short - term economic resilience. However, factors such as the uncertainty of monetary policy, changes in tariff policies, and persistent dollar liquidity tightness have increased the uncertainty of the US economy [7][10][23]. - **Monetary Policy Uncertainty**: The Fed's 1 - month interest - rate meeting did not cut interest rates as expected. The new Fed Chairman Kevin Warsh's previous "hawkish" attitude has cast a shadow on the market. Although the report adheres to the view that the US monetary policy will be loosened, the process may be more tortuous and require greater driving forces. There is a risk that the previous preventive interest - rate cuts in the US may turn into rescue - style cuts, which will reduce the certainty of the economy and asset prices [10][14][15]. - **Tariff Policy Changes**: The US Supreme Court's ruling that Trump's IEEPA tariff is unconstitutional has increased the uncertainty of US tariff policies. Trump's new tariff measures are only short - term transitions, and the mid - term may shift to a tariff framework based on 338, 301, or 232. This change has increased the medium - and long - term risks of the US economy and may also affect Sino - US relations [17][18]. - **Dollar Liquidity Tightness**: The Fed's attempt to ease the dollar liquidity tightness through balance - sheet expansion has had limited effects. The persistent liquidity tightness has increased the risk of the US economy [23]. 3.2 Domestic Economic Situation - **Signs of Unexpected Recovery**: In February, which is a window period for Chinese economic data, the 2026 Spring Festival consumption was unexpectedly hot. High - frequency data shows that the subway passenger volume and domestic flight volume were significantly better than in previous years. However, the per - capita daily travel expenditure has not returned to the pre - 2020 level, indicating that economic recovery and consumption expansion require policy support [27][29]. 3.3 2026 National "Two Sessions" Preview - **Key Focus Areas**: The "Two Sessions" is expected to focus on four key areas: the formulation and implementation of the "15th Five - Year Plan", the setting of economic goals and policy guarantees, policies related to the cultivation and development of new - quality productivity, and industrial policies and "anti - involution" [35]. - **Impact on the Market**: As long as the current policy direction and economic trend continue, the "Two Sessions" will support domestic asset prices. The market has low expectations for the "Two Sessions", and as long as there are no major changes, the market will still have a structural upward trend [40]. 3.4 Outlook for Chinese Asset Trends - **Stock Market**: Before the "Two Sessions" in early March, the market will enter a stable period, and the "Two Sessions" will maintain policy stability. As long as there are no major changes, the market will have a structural upward trend [41]. - **Treasury Bonds**: The "re - allocation" of maturing deposits is beneficial to the short - term bond market. In the medium term, either domestic prices will rise or the economy will stabilize, so treasury bonds may fluctuate in the long run [41]. - **Commodities**: In the short term, it is the off - season for demand, and seasonality is the dominant factor. Trading opportunities need to be found based on the certainty of domestic economic expectations, but this passive choice needs to be treated with caution. In the medium term, the macro and fundamental changes have been reflected in commodity prices to a certain extent, and the strong may remain strong. In the long term, the differentiation of commodity prices will improve, and the prices of low - valued commodities may return [41]. - **Renminbi Exchange Rate**: The Renminbi will continue to appreciate, but the appreciation trend will be more volatile due to the slowdown of the decline in the US dollar index and the expected impact on imports and exports. In the short term, it has support around 6.8 [41].

中国人民银行2月27日消息，为促进外汇市场发展，支持企业管理好汇率风险，中国人民银行决定自 2026年3月2日起，将远期售汇业务的外汇风险准备金率从20%下调至0。 这是时隔近3年半央行再次使用该工具，本次下调远期售汇风险准备金率实质上是合理退出前期措施， 促进外汇政策回归中性。 权威专家表示，将远期售汇业务的外汇风险准备金率从20%下调至0，能够降低企业远期购汇成本，提 高企业在购汇方向开展外汇套保的积极性，也有利于支持企业合理运用外汇衍生产品管理好汇率风险。 （文章来源：中国证券报） 2025年，企业套期保值比率提升至30%，货物贸易中使用人民币结算的比重也提高到近30%，相当于有 60%的企业在外贸出口上，受到汇率风险的影响是比较小的，未来这两个比例有望进一步提高，也有利 于保持汇率稳定。 "未来一段时期外部形势复杂多变，人民币汇率走势仍存在较大不确定性，外贸企业应做好汇率套 保。"上述专家说。 2月27日，人民币对美元汇率由涨转跌，在岸、离岸人民币对美元汇率失守6.85元关口。Wind数据显 示，截至15:08，离岸人民币对美元汇率报6.8529元，较前收盘价跌86个基点；在岸人民币对美元汇率 报6. ...