山东3大专项举措支持鲁企走出去、立得住 《政策清单》提出，下一步，我省将继续推动"跨境电商+产业带"融合发展，统筹资金，聚焦纺织 服装、家具家电、汽车零部件等传统优势产业以及有机化工、电子电器、医疗器械等高附加值产业，重 点培育10家左右特色产业带选品中心，孵化1000家左右企业。 "我省将对跨境电商企业上线第三方平台发生的数字化改造、先进技术服务等费用，以及跨境电商 产业带工作站组织企业通过线上、线下方式开展经贸对接活动、开拓国际市场发生的相关费用给予支 持。"王健说。 今年组织500场以上境外展洽活动 从政策补贴到平台搭建，从产品升级到品牌塑造，山东外贸新政多点发力，为鲁企出海打造更顺畅 的"快车道"，助力全省外贸在"十五五"开局之年实现稳中提质、再攀新高。（记者 孙源泽） 日前，我省推出《2026年促进经济"稳中求进、提质增效"政策清单（第一批）》（以下简称《政策 清单》），聚焦国际市场开拓，推出3大专项支持举措，从展洽补贴、优品培育到品牌升级、新业态融 合，全方位为鲁企出海铺路搭桥。 打开国际市场，"拳头产品"是核心底气。近年来，我省聚焦全省优势产业和发展潜力，创新建 设"山东外贸优品库""中国大集" ...

来自北大汇丰智库的邹欣、程玉伟、蔡荣、朱兆一等专家对当前经济形势进行分析。对于当前宏观经济 形势，邹欣认为，今年财政支出力度前高后低是导致四季度经济增速放缓的主因之一，预计2025年仍能 实现5.1%的GDP增速。四季度出口超预期，得益于中国机电产品正向全球产业链价值链中高端转型， 未来技术领先、产品力强的机电产品的出口高增长具有可持续性。对2026年经济的展望：一是预计中美 利差倒挂有望结束，利好国内资产价格；二是可以重点挖掘房企和地方国资存量资产盘活的投资机会； 三是区域性的贸易摩擦仍将频繁发生，要以互利共赢的思路开拓海外市场。 深圳商报•读创客户端记者 刘娥 近日，由北京大学汇丰商学院主办、北大汇丰智库承办的北大汇丰智库宏观经济分析会（2025年第四季 度）举行。本次分析会聚焦2025年第四季度中国经济形势、东南亚和中东经贸动态，旨在通过深度研究 与多元观点交流，提供具有前瞻性的经济分析与决策参考。 预计2025年仍能实现5.1%的GDP增速 左至右：邹欣、程玉伟、蔡荣、朱兆一 对于2025年第四季度粤港澳大湾区经济形势，程玉伟分析指出，湾区经济呈现"工业生产企稳、出口温 和回升、内需投资承压"的态势， ...

中国外贸顺差数据这次的剧本改写，不止是一次漂亮的数据逆袭，更是一次全球经济棋盘上的核心挪 动。规则已经变了！ 日媒《日经亚洲》报道指出，2025年前11个月，中国对一带一路国家的贸易顺差，首次超过同期对美贸 易顺差。 我国官方数据也显示，去年1至11月，"一带一路"伙伴国贡献了中国贸易顺差的45%，约4800亿美元， 而与此同时，对美顺差的比例则跌至24%，同比下滑超过10个百分点。 这不是小数点后几位的微调，是一次实打实的历史性大转向，全球贸易正在换重心！ 先说清楚一个事实，不是中国放弃了美国市场，是美国在反复作死中，把自己从关键客户变成了不可靠 的变量。 从加征关税到供应链脱钩，再到最近各种技术围堵和投资限制，美国这些年几乎做了所有试图削弱中国 优势的动作，但结果呢？没让中国崩盘，倒是逼出了贸易路线的大变轨。 而一带一路，恰恰成了中国在这场转轨之中的主引擎。 很多人还停留在十年前的印象，以为一带一路只是基础设施援建，其实现在早就进化成了一个多元贸易 生态。 你看现在，参与一带一路的国家数量已经超过155个，占全球国家总数的接近80%，且大部分是发展中 和新兴市场国家。 这意味着什么？意味着中国制造业的产品 ...

2025年上半年，得益于财政前置发力、以旧换新显效、出口韧性强劲，中国经济实现了5.3%的较快增 长。但下半年以来，随着刺激政策效果减弱和高基数效应显现，经济增长动能放缓。作为"十五五"规划 的开局之年，2026年的经济工作备受关注。党的二十届四中全会重提"坚持以经济建设为中心"，预示着 经济增长将被置于更重要的位置。2026年宏观政策延续"更加积极有为"的基调，但更加注重提升效能。 2025年12月的中央经济工作会议提出，2026年要"坚持稳中求进、提质增效，发挥存量政策和增量政策 集成效应，加大逆周期和跨周期调节力度，提升宏观经济治理效能"。这意味着在保持一定政策力度的 基础上，2026年将更加注重政策的有效性。 2026年中国经济的有力支撑 (一)市场多元化与产品结构升级构筑出口韧性。尽管面临中美贸易不确定性，但2026年出口表现远超市 场预期，成为中国经济增长的重要支撑。2025年1月至11月，中国出口金额(以美元计价，下同)同比增 长5.4%，甚至高于2024年同期水平。世界贸易组织(WTO)数据显示，截至上半年，中国的全球出口份 额保持在14.2%的高位。 分地区看，尽管对美国出口降幅接近20%， ...

【纠错】 【责任编辑:薛涛】 农产品贸易规模扩大。2025年前11个月，中韩进出口农产品521.9亿元，同比增长2.1%。其中，中国自 韩国进口酒类及饮料、面食产品，对韩国出口干鲜瓜果及坚果、茶叶同比增速均达到两位数。 新华社北京1月4日电（记者邹多为）海关总署1月4日发布数据显示，2025年前11个月，中国与韩国进出 口2.14万亿元，同比增长1.6%，其中，进出口机电产品1.43万亿元，增长5.9%，占中韩贸易规模的 67%，较上年同期提升2.7个百分点，成为推动中韩贸易平稳增长的重要动力。 具体来看，2025年前11个月，中国自韩国进口1.2万亿元，对韩国出口0.94万亿元，中韩贸易占中国外贸 的5.2%。 产业链供应链协同合作深化。2025年前11个月，中国自韩国进口电子元件、电脑零附件同比分别增长 9.9%、7.4%；对韩国出口电子元件、汽车零配件分别增长10%、8.9%。 新兴领域合作潜力释放。2025年前11个月，中国自韩国进口医药材及药品、电工器材同比分别增长 8.9%、3%；对韩国出口"新三样"产品、医疗仪器及器械分别增长12.4%、1.1%。 ...

来源：单仁行 01 作为"十五五"规划的起步之年，2026年承载着特殊的发展使命，它不再是过往规划的线性延伸，而是要进入到一个冲刺期，"高质量发展"成为压倒一切的 核心原则。 对我们每个企业来说，开局之年往往是政策密集落地、市场活力迸发、产业机遇集中涌现的关键窗口期，都会给顺应趋势的企业打开成长空间。 值得期盼的机会有很多，寄予厚望的行业有很多，等待变革的企业也有很多。 我们展望2026年的发展，有哪些重点领域的机会值得我们关注，经营的逻辑会如何变化呢？ 02 在单仁行元旦的内容里，我们讲到了AI搜索、GEO，讲到了细分市场的中小企业在2026年品牌建设的核心。 今天我想特别补充两点。 一是关于出海。 根据海关总署发布的数据，2025年的前11个月，中国货物贸易进出口总值41.21万亿，同比增长3.6%，特别是我们的出口达到了24.46万亿，同比增长 6.2%，是外贸增长的主要驱动力。 而且，有一个特别的数字，我想分享跟大家，什么呢？ 如果以美元计价，中国的贸易顺差突破了1万亿美元，这在整个人类贸易史上都是首次，而且，极难被其他国家超越。 因为第二名的德国，2025年的贸易顺差大概是2600亿-2750亿美元 ...

Market Overview - The three major indices opened higher, with the education sector leading the gains. As of the market opening, the Shanghai Composite Index was at 3968.73, up 0.09%; the Shenzhen Component Index was at 13627.26, up 0.17%; and the ChiNext Index was at 3247.74, up 0.15% [1]. Policy Announcements - The National Development and Reform Commission and the Ministry of Finance have allocated 625 billion yuan in special long-term bonds to support the consumption of old goods in the first batch for 2026 [1]. - The Ministry of Finance and the State Taxation Administration announced a new policy on the value-added tax for individuals selling homes, with a 3% tax rate for properties held for less than two years and exemption for those held for two years or more [1]. - The Ministry of Industry and Information Technology, along with three other departments, issued a plan for the digital transformation of the automotive industry, promoting the large-scale application of intelligent robots in various manufacturing processes [1]. - The Ministry of Commerce and eight other departments released the implementation details for the 2026 vehicle trade-in subsidy, offering up to 20,000 yuan for scrapping eligible old vehicles and purchasing new energy vehicles [1][2]. Industry Developments - The National Development and Reform Commission and the Ministry of Finance announced a large-scale equipment update and trade-in policy for consumer goods, providing a 15% subsidy for energy-efficient home appliances and a maximum of 1,500 yuan per item [2]. - The Ministry of Education plans to advance artificial intelligence in education, with policies expected to be released next year to enhance AI education and applications [2]. Corporate Announcements - Aoyuan Ceiling announced a change in its actual controller to Shi Qiming, and its stock has resumed trading. Dongjie Intelligent has terminated its major asset restructuring plan, and its stock has also resumed trading [4]. - Salt Lake Co. plans to acquire a 51% stake in Minmetals Salt Lake for 4.605 billion yuan to accelerate the development of a world-class salt lake industry base. Shengxin Lithium Energy intends to acquire a 30% stake in Qicheng Mining for 2.08 billion yuan [4]. - China National Airlines plans to purchase 60 Airbus A320NEO aircraft, with a total catalog price of approximately 9.53 billion USD [6]. - Guotou Zhonglu intends to issue shares at a premium of 147.4% to acquire 100% of China Electronics Engineering Design Institute for 6.026 billion yuan [6]. Market Sentiment - Citic Securities reported an increase in expectations for the appreciation of the RMB, which is favorable for the performance of RMB-denominated equity assets. The central bank is expected to adopt more flexible policy tools, focusing on domestic demand [10].

Group 1: Trade Surplus Overview - In the first 11 months of 2025, China's goods trade surplus reached $1.08 trillion, marking the first time any country has surpassed the $1 trillion mark in trade surplus [2] - The strong export performance is driven by key categories such as electromechanical products, which account for approximately 59% of total exports, and new growth areas like electric vehicles and lithium batteries, which continue to see double-digit growth despite overseas tariff pressures [3][4] Group 2: Export and Import Dynamics - The import demand in 2025 is weak, with nearly zero growth (0.2%), contributing to the maximum trade surplus [4] - Many export enterprises are holding onto foreign currency earnings instead of converting them into RMB, leading to a "funds external circulation" phenomenon [5] - A portion of profits from manufacturing is being used to pay off debts rather than being reinvested domestically, indicating a trend towards deleveraging [5] Group 3: Industry-Specific Insights - The automotive sector is highlighted as a profitable industry, with significant profits from exports that can cover costs associated with tariffs and logistics [5] - The distribution of wealth from the trade surplus is concentrated among leading technology firms and automated factories, contrasting with the declining value of real estate, which affects the perceived wealth of ordinary citizens [7] Group 4: Service Trade Developments - China's service trade has historically shown a significant deficit, but in 2025, the deficit narrowed to approximately $108 billion, a reduction of about 26% year-on-year [12][13] - Knowledge-intensive service trade constitutes about 38% of the total, with rapid growth in exports driven by international travel demand and foreign tourists spending in China [13] Group 5: Future Outlook - The trade surplus reflects the efficiency of the production system and external structures rather than a direct increase in resident income [14] - As trade tensions stabilize and high-tech breakthroughs occur, the surplus is expected to gradually benefit the domestic economy and convert into disposable wealth for the population [14]

Group 1: Trade Surplus Overview - In the first 11 months of 2025, China's goods trade surplus reached $1.08 trillion, marking the first time any country has surpassed the $1 trillion mark in trade surplus [2] - The strong export performance is driven by key categories such as electromechanical products, which account for approximately 59% of total exports, and new growth areas like electric vehicles and lithium batteries, which continue to see double-digit growth [3][4] - The import demand in 2025 is weak, with nearly zero growth (0.2%), contributing to the maximum trade surplus [4] Group 2: Factors Affecting Perception of Surplus - The perception of the surplus not translating into noticeable benefits for the public can be attributed to several factors, including the "external circulation" of funds where companies are hesitant to convert foreign earnings into RMB [5] - A portion of profits is used to pay off debts rather than being reinvested domestically, indicating a deleveraging trend in the manufacturing sector [5] - Price wars in certain industries lead to profit dilution, making it difficult for companies to significantly increase employee wages despite high export volumes [5] Group 3: Sector-Specific Insights - The automotive sector is highlighted as a profitable area, with a mid-range electric vehicle sold in Europe generating significant revenue for Chinese manufacturers, despite various costs such as tariffs and logistics [5] - The future potential for higher-value exports, particularly in sectors like semiconductors, could lead to more substantial profits for Chinese companies [6] Group 4: Service Trade Developments - China's service trade has historically shown a significant deficit, but in 2025, the deficit narrowed to approximately $108 billion, a reduction of about 26% year-on-year [12][13] - Knowledge-intensive service trade constitutes about 38% of the total, with rapid growth in exports driven by international travel demand and foreign tourists visiting China [13] - The overall trend suggests that service trade may move towards a more balanced state in the future [14] Group 5: Economic Implications - The $1 trillion trade surplus reflects the efficiency of the production system and external structures rather than a direct increase in household income [15] - A portion of the foreign exchange earnings is allocated for stabilizing the currency, addressing external sanctions, and supporting essential imports, which delays immediate benefits to the domestic economy [15]

Core Viewpoint - Wuhan's East Lake District is rapidly developing into a vibrant industrial new city, showcasing a blend of ecological sustainability and industrial growth, positioning itself as a key player in China's new industrialization and food industry sectors [1][3]. Group 1: Historical Development - The East Lake area has a rich history dating back 5,000 years, evolving from agricultural roots to a national economic development zone by 2010 [2][3]. - The establishment of the Wujiashan State Farm in 1958 marked the beginning of organized agricultural development, which laid the foundation for the region's economic growth [2]. - The transition from an agricultural to an industrial economy was marked by the introduction of various enterprises, including food and logistics companies, which accelerated regional economic development [2][3]. Group 2: Strategic Initiatives - The establishment of the National Cybersecurity Talent and Innovation Base in 2016 has positioned East Lake as a hub for cybersecurity innovation, attracting over 300 cybersecurity companies [4]. - The Wuhan Land Port National Logistics Hub was approved in 2021, enhancing the region's logistics capabilities and integrating various transportation modes to support economic growth [5]. - The development of a logistics ecosystem that includes rail-water transport and cross-border trade is transforming the region into a logistics hub, contributing to the "port-industry-city" integration [5]. Group 3: Industrial Growth - The East Lake District is focusing on upgrading traditional industries while fostering emerging sectors, creating a modern industrial system characterized by a "343" structure [6]. - Significant advancements in traditional industries, such as food health and equipment manufacturing, are being complemented by the rise of strategic emerging industries like cybersecurity and new energy materials [6][7]. - The region is also investing in future industries, including hydrogen energy and low-altitude economy, with several high-tech enterprises establishing operations [7]. Group 4: Quality of Life and Urban Development - The East Lake District is committed to creating a harmonious living environment, integrating ecological beauty with urban development, and achieving a green coverage rate of 48% [8]. - The development of transportation infrastructure, including six urban metro lines and major highways, enhances connectivity and accessibility within the region [8]. - Cultural and recreational facilities, such as libraries and theaters, are being developed to meet the growing demand for high-quality cultural experiences among residents [9]. Group 5: Demographics and Community - Over the past decade, 470,000 new residents have settled in the East Lake District, contributing to a population nearing one million, which fosters innovation and entrepreneurship [10].