商务部 海关总署公告2025年第57号 公布对部分中重稀土相关物项实施出口管制的决定 根据《中华人民共和国出口管制法》《中华人民共和国对外贸易法》《中华人民共和国海关法》《中华人民共和国两用物项出口管制条例》 有关规定，为维护国家安全和利益、履行防扩散等国际义务，经国务院批准，决定对下列物项实施出口管制： 商务部、海关总署连发4则公告，对超硬材料、部分稀土设备和原辅料、部分中重稀土、锂电池和人造石墨负极材料等相关物项实施出口管制。 商务部 海关总署公告2025年第58号 公布对锂电池和人造石墨负极材料相关物项实施出口管制的决定 根据《中华人民共和国出口管制法》《中华人民共和国对外贸易法》《中华人民共和国海关法》《中华人民共和国两用物项出口管制条例》 有关规定，为维护国家安全和利益、履行防扩散等国际义务，经国务院批准，决定对下列物项实施出口管制： 一、锂电池相关物项 （一）3A001 重量能量密度大于等于300 Wh/kg的可充放电锂离子电池（包含电芯和电池组）（参考税则号列：85076000）。 （二）3B901.a．用于制造可充放电锂离子电池的设备： 1. 卷绕机（参考税则号列：84798999）； 2. ...

以下文章来源于复利无声 ，作者复利无声 复利无声 . 本人2022年2月15日正式入职银华基金，在此之前言论均为个人发布，周知。 ↑点击上面图片 加雪球核心交流群 ↑ 风险提示：本文所提到的观点仅代表个人的意见，所涉及标的不作推荐，据此买卖，风险自负。 作者： 无声 来源：雪球 随着市场行情的纵深发展 ， 一方面 ， 以人工智能 、 港股创新药 、 新能电池为代表的主线行情如火如荼 ， 表现的非常突出 ； 国庆长假即将结束，人到中年 ， 很难有特别多属于自己的时间 ， 看看老人 、 招待朋友 、 陪陪孩子 ， 时间就跟流水一样 ， 过去了 ； 很多自己想做的事情 ， 包括睡几个懒觉也没能如意 。 不过 ， 好在节日期间港股市场的表现还是不错的 ， 尤其是我们重点关注的恒生科技 、 资源周期 、 港股创新药等方向 ， 没有什么比这更开心 的了 。 另一方面 ， 热点此消彼长 ， 不断涌现 ， 尤其是个股层面 ， 很多涨幅较大 ； 第三 ， 以消费红利 、 红利低波为代表的内需消费和红利风格表 现的比较低迷 。 在这样的情况下 ， 很多投资者频繁交易是可以想象的 ， 也可以从成交量和换手率的变化中窥见一斑 ， 尤 ...

"吃中国的饭，还要砸中国的锅？"——这句话或许正好点出了当前的尴尬局面。 据路透社报道，G7成员国和欧盟正在酝酿一系列针对中国稀土产业的限制 措施。他们计划设定稀土价格下限、对部分中国稀土产品加征关税，甚至打着环保旗号征收所谓"碳税"，试图削弱中国的价格优势，同时占据"道德高地"。 知情人士透露，G7内部还在讨论更多办法：比如提高外国资本投资中国关键矿产企业的门槛，避免资金流入中国；再比如设定稀土进口配额，限制从中国 采购的数量，迫使成员国更多依赖本土或"友好国家"的稀土。 西方的担忧与分歧 今年4月，中国对钐、钆、铽等关键稀土元素实施出口管制。中国方面强 调，这是为了保护资源、维护环境，属于国际通行做法。但在西方眼中，这被解读为可能"切断供应链"的信号。于是，在G7的"关键矿产计划"会议上，各国 提出上述对华限制，核心目的就是削弱中国在全球稀土链上的主导地位。 然而，内部意见并不统一。 - 美国最为强硬，积极推动设定价格下限和加征关 税。数据显示，中国收紧管控后，美国进口稀土磁铁的审批率骤降至42%，军工和高科技产业都出现原料紧缺。甚至在阅兵前夕，特朗普还威胁："如果中 国不保证稀土磁铁出口，美国将对所有中 ...

Summary of Key Points Core Viewpoint - On September 17, a total of 39.78 billion yuan net inflow was recorded for industry-themed ETF funds, with a cumulative net inflow of 124.46 billion yuan over the past five trading days, indicating strong investor interest in these funds [1]. Fund Inflows - A total of 123 industry-themed ETF funds experienced net inflows on September 17, with the leading fund being the Guotai CSI All-Share Securities Company ETF (512880), which saw an increase of 9.36 million shares and a net inflow of 11.88 billion yuan [1][3]. - Other notable funds with significant net inflows include: - Huabao CSI Financial Technology Theme ETF (159851) with a net inflow of 5.25 billion yuan [3]. - Huaxia CSI Robotics ETF (562500) with a net inflow of 5.01 billion yuan [3]. - Guotai Securities ETF (512000) with a net inflow of 3.59 billion yuan [3]. Fund Outflows - On the same day, 164 industry-themed ETF funds experienced net outflows, with the Guotai CSI Coal ETF (515220) leading the outflows, which saw a reduction of 4.21 million shares and a net outflow of 4.6 billion yuan [4][5]. - Other funds with significant net outflows include: - Huabao CSI Medical ETF (512170) with a net outflow of 1.50 billion yuan [5]. - Penghua CSI Sub-Segment Chemical Industry ETF (159870) with a net outflow of 1.49 billion yuan [5]. - Huatai-PineBridge CSI Rare Earth Industry ETF (516780) with a net outflow of 1.36 billion yuan [5].

6892.3万元补助资金已精准落地，856个技术交易项目获得有力支撑……日前，内蒙古自治区科技厅正 式公布2025年度内蒙古自治区技术交易后补助项目清单。"真金白银"的支持让政策从"纸上"落到"账 上"，成为撬动区域科技成果转化的重要支点。 技术交易后补助，是指对已在内蒙古自治区内企事业单位完成的有偿技术转移转化交易及相关服务给予 的激励性、普惠性补助，分为交易方后补助和服务方后补助。补助主要面向自治区内开展科技成果转移 转化活动的三类主体：科技成果需求方、科技成果供给方以及技术转移服务机构。作为一项兼具激励性 与普惠性的创新政策，技术交易后补助正通过精准滴灌，为内蒙古企业的技术升级注入活力，为区域经 济高质量发展培育新动能。 企业迎来"及时雨" 夏秋之交，科技日报记者走进内蒙古金宇保灵生物药品有限公司（以下简称"金宇保灵"）的全球最大口 蹄疫灭活疫苗生产车间，首先映入眼帘的是智能制造总控室。巨大的电子显示屏上，各项数据实时更 新，疫苗纯化的进度、合格率等关键信息清晰可见。 这样的智能化生产场景，正是金宇保灵在技术研发领域持续发力的注脚。近年来，金宇保灵的"朋友 圈"与"成果单"同步扩容，与广东蓝玉生物科技有 ...

Core Viewpoint - The article discusses the implications of Turkey's discovery of nearly 700 million tons of rare earth minerals and the potential for Turkey to become a major exporter, while highlighting the challenges it faces in technology acquisition and geopolitical dynamics with China and the West [1][3][6]. Group 1: Turkey's Rare Earth Discovery - Turkey has discovered approximately 700 million tons of rare earth minerals, which could position it as a significant player in the global rare earth market [1][6]. - The theoretical reserves of rare earths in Turkey are substantial, but the actual mining value remains uncertain due to the lack of technology and infrastructure [5][6]. Group 2: Geopolitical Dynamics - Turkey's desire to collaborate with China for technology in rare earth mining is complicated by its existing partnerships with Western nations [10][11]. - The U.S. has been attempting to establish a new rare earth supply chain independent of China, but this process is lengthy and complex [22][20]. Group 3: Challenges in Rare Earth Processing - Even if Turkey successfully mines rare earths, the lack of local processing facilities means that the minerals may still need to be sent to China for refinement [24][22]. - The development of a rare earth processing industry in Turkey would require significant time and investment, similar to past failed attempts in other countries [20][22]. Group 4: Strategic Considerations - Turkey's strategic position allows it to balance relationships between East and West, but this may hinder decisive action in the rare earth sector [28][30]. - The global demand for rare earths is limited compared to other resources, which may affect Turkey's ability to leverage its reserves effectively [32][34]. Group 5: U.S. Interests - The U.S. is more focused on other potential rare earth sources, such as Greenland, rather than collaborating with Turkey, due to concerns about Turkey's geopolitical balancing act [38][42]. - The U.S. is currently facing a depletion of its domestic rare earth reserves, which increases its reliance on China [47][49].

Group 1 - The U.S. has significant rare earth resources, but processing and refining are heavily reliant on China, which holds 85% of global separation capacity [3][4] - Trump's proposed 200% tariffs on Chinese rare earth products may harm U.S. industries, including chips, batteries, and consumer electronics, exacerbating inflation [4][6] - The U.S. manufacturing sector is already feeling the impact, with companies like Ford halting production due to rare earth shortages [4][8] Group 2 - China's delegation to the U.S. is not seeking to appease but aims for equal negotiations, leveraging its complete rare earth supply chain and growing technological independence [6][9] - The U.S. aerospace industry, particularly Boeing, is vulnerable due to its reliance on the Chinese market, as evidenced by the suspension of orders for Boeing 737MAX [8][9] - The ongoing U.S.-China competition is fundamentally about the strength of their respective industrial bases, with China focusing on long-term advantages in key sectors like chips and renewable energy [9][11]

Group 1 - The U.S. has imposed tariffs of up to 54% on Chinese goods, indicating a shift towards a more pragmatic approach in trade relations with China [1] - Many U.S. companies rely heavily on Chinese supply chains, and increasing tariffs could lead to higher costs for these companies, affecting their competitiveness and potentially leading to higher prices for American consumers [1] - The U.S. Secretary of Commerce's comments on rare earths reflect a misunderstanding of the historical context and the current competitive landscape, as the U.S. once led in rare earth production but shifted focus due to higher costs and regulatory challenges [3] Group 2 - The contrasting statements from U.S. officials highlight a tension between recognizing the economic interdependence with China and the desire to maintain a competitive edge [5] - U.S. officials express concern over China's long-term strategic focus in key industries like rare earths, contrasting with the U.S. approach that prioritizes short-term profits [8] - The U.S. has lost its capabilities in rare earth processing due to outsourcing and a lack of investment in the necessary technologies, leading to vulnerabilities in critical resource supply [8][11]

Group 1 - The core issue revolves around the U.S. reliance on China for rare earth magnets, which are critical for electric vehicles, wind turbines, military equipment, and electronics [2][3][6] - Trump's ultimatum for China to provide rare earth magnets or face a 200% tariff highlights the strategic anxiety of the U.S. regarding its dependence on Chinese resources [6][10] - Over 90% of high-end neodymium-iron-boron magnets are produced in China, indicating China's dominant position in the rare earth supply chain, built over decades [5][6] Group 2 - Despite Trump's threats, data shows that China's exports of rare earth magnets to the U.S. have actually increased, with July exports reaching 5,577 tons, marking a 75.5% month-over-month increase [12] - The trade war has escalated, with the U.S. imposing fluctuating tariffs since 2018, and the current proposed 200% tariff being the highest in history [8][10] - Historical evidence suggests that trade wars do not yield winners, as seen in past U.S. tariff policies that resulted in job losses in downstream industries [17][19] Group 3 - The U.S. faces dual pressures of layoffs and declining consumer purchasing power, while China maintains a more stable economic position with a complete industrial chain and extensive trade partnerships [16][14] - China's approach to the trade conflict emphasizes strategic stability and a commitment to multilateral trade, contrasting with the U.S.'s unilateral actions [24][26] - The ongoing trade tensions may lead to a scenario where the U.S. undermines its own market trust and international standing if it continues down the path of protectionism [26][28]

Market Overview - The market continued to rise with the Shanghai Composite Index approaching 3900 points, and a total trading volume of 3.18 trillion yuan, marking the second-highest trading volume in history, an increase of over 600 billion yuan compared to the previous trading day [1] - Over 3300 stocks closed higher, with northbound capital totaling 404.54 billion yuan [1] Sector Performance - Major sectors that saw gains include rare earths (+6.76%), communication equipment (+3.15%), and aerospace (+2.56%) [2] - The rare earth industry saw a significant price increase, with the price of 65% tungsten box mines rising by 51.7% since the beginning of the year [2] - Conversely, sectors such as electronic chemicals and biomedicine experienced slight declines [2][3] External Influences - The market's upward trend is attributed to external factors, particularly dovish signals from Federal Reserve Chairman Jerome Powell, which have significantly increased expectations for a rate cut in September [3] - This dovish stance is expected to lead to a substantial easing of global liquidity, benefiting financial markets worldwide [4] Future Outlook - Short-term market trends indicate a continued expansion of profit-making effects, likely attracting more external capital [4] - In the medium term, the Federal Reserve is anticipated to initiate a major rate-cutting cycle, with Powell suggesting potential rate cuts due to rising employment market risks [4] - The upcoming 2025 China Operating System Industry Conference on August 26 is expected to release the new generation of the Chinese operating system, which may stimulate related concepts [5]