Core Viewpoint - The Ministry of Industry and Information Technology aims to enhance China's manufacturing sector's position in the global supply chain by promoting the integration of technological and industrial innovation during the 14th Five-Year Plan period [1] Group 1: Strategic Focus - The initiative will focus on consolidating and improving the security and controllability of industrial and supply chains [1] - The plan includes implementing a revitalization action for traditional industries, specifically targeting sectors such as metallurgy, chemicals, light industry, textiles, machinery, and shipbuilding [1] - Industry-specific research will be conducted to develop transformation and upgrading plans [1]

热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 来源：华泰期货 作者： 汪雅航 市场分析 关注"反内卷"。宏观方面，工信部召开第十八次制造业企业座谈会，来自钢铁、有色、新材料、汽车、 机械、船舶、轻工、医药、电子等重点行业的12家企业负责人参会。会议强调，积极参与行业规则制定 和自律机制建设，自觉抵制"内卷"。海外方面，世界银行发布最新一期《全球经济展望》报告，将2026 年全球经济增长预期上调至2.6%，比上次预测值高出0.2个百分点。报告预计，美国GDP增速将在2026 年达到2.2%，欧元区经济增速将放缓至0.9%，日本经济增速将放缓至0.8%。美国2025年12月CPI同比上 涨2.7%，核心CPI上涨2.6%，均与前值持平。 股指调整。现货市场，A股三大指数调整，沪指结束17连阳，当日上证指数跌0.64%收于4138.76点，创 业板指跌1.96%。行业方面，板块指数跌多涨少，石油石化、医药生物、有色金属行业涨幅居前，国防 军工、电子、通信、计算机行业跌幅居前。当日沪深两市成交额3.65万亿元，刷新历史新高。海外方 面，美国三大股指全线收跌，道指跌0.8%报49191.99点。 I ...

1. Report Industry Investment Rating - There is no information provided about the report industry investment rating in the given content. 2. Core Viewpoints of the Report - The continuous improvement of the stock market since 2026 is the result of the joint action of four factors: the resonance of the technology cycle, the release of policy dividends, the improvement of economic recovery, and the return of overseas funds. Currently, the market has gradually shifted from being dominated by valuation expansion to a new stage driven by earnings. It is expected that in 2026, supply - side reform will continue, pushing up the prices of commodities and driving up the prices of resource - based stocks. Under the strategic guidance of the "15th Five - Year Plan", with the continuous release of various policy effects, the further enhancement of economic recovery momentum, and the continuous progress of overseas funds' allocation of Chinese assets, the stock market is expected to continue its volatile upward trend [2]. 3. Summary According to Relevant Catalogs 3.1 Stock Index Futures Market - **IF Contracts**: The previous day's closing prices of IF contracts (current month, next month, next quarter, and alternate quarter) were 4766.20, 4763.00, 4758.60, and 4715.00 respectively, with declines of - 26.80, - 22.20, - 20.80, and - 21.00 and declines of - 0.56, - 0.46, - 0.44, and - 0.44. The trading volumes were 39504.00, 11881.00, 97329.00, and 24015.00, and the open interests were 43353.00, 18273.00, 184613.00, and 61171.00, with changes in open interests of - 4859.00, 4351.00, 1785.00, and 4163.00 [1]. - **IH Contracts**: The previous day's closing prices of IH contracts (current month, next month, next quarter, and alternate quarter) were 3136.60, 3132.40, 3137.60, and 3128.60 respectively, with declines of - 6.60, - 9.40, - 4.60, and - 6.80 and declines of - 0.21, - 0.30, - 0.15, and - 0.22. The trading volumes were 14480.00, 4204.00, 41076.00, and 7618.00, and the open interests were 14532.00, 5098.00, 57216.00, and 18012.00, with changes in open interests of - 1655.00, 1612.00, 2024.00, and 1155.00 [1]. - **IC Contracts**: The previous day's closing prices of IC contracts (current month, next month, next quarter, and alternate quarter) were 8172.80, 8150.60, 8131.20, and 7985.20 respectively, with declines of - 104.60, - 99.00, - 98.80, and - 89.40 and declines of - 1.26, - 1.20, - 1.20, and - 1.11. The trading volumes were 43150.00, 15560.00, 120900.00, and 32704.00, and the open interests were 40507.00, 31014.00, 171420.00, and 74145.00, with changes in open interests of - 5529.00, 4930.00, 3885.00, and 2850.00 [1]. - **IM Contracts**: The previous day's closing prices of IM contracts (current month, next month, next quarter, and alternate quarter) were 8233.80, 8200.40, 8160.40, and 7960.40 respectively, with declines of - 161.00, - 149.60, - 145.80, and - 135.00 and declines of - 1.92, - 1.79, - 1.76, and - 1.67. The trading volumes were 60818.00, 21828.00, 178731.00, and 43725.00, and the open interests were 54431.00, 39945.00, 207812.00, and 99430.00, with changes in open interests of - 11425.00, 5127.00, - 632.00, and 5511.00 [1]. - **Inter - month Spreads**: The current inter - month spreads of IF, IH, IC, and IM (next month - current month) were - 3.20, - 4.20, - 22.20, and - 33.40 respectively, compared with the previous values of - 8.80, - 2.40, - 15.60, and - 40.80 [1]. 3.2 Stock Index Spot Market - **Major Indexes**: The previous values of the Shanghai - Shenzhen 300, Shanghai 50, CSI 500, and CSI 1000 indexes were 4761.03, 3132.93, 8143.28, and 8203.13 respectively, with declines of - 0.60, - 0.34, - 1.28, and - 1.84. The trading volumes (in billions of lots) were 301.45, 63.16, 364.13, and 454.44, and the total trading amounts (in billions of yuan) were 8010.55, 1888.53, 7352.19, and 8246.52 [1]. - **Industry Indexes**: Among the Shanghai - Shenzhen 300 industry indexes, the energy, raw materials, main consumption, and pharmaceutical sectors had increases of 0.76%, 1.40%, - 0.94%, and 1.65% respectively, while the industrial, optional consumption, real - estate finance, and information technology sectors had declines of - 0.70%, - 1.36%, 0.37%, and - 2.58% respectively [1]. 3.3 Futures - Spot Basis - **IF Contracts and Shanghai - Shenzhen 300**: The previous values of the basis between IF contracts (current month, next month, next quarter, and alternate quarter) and the Shanghai - Shenzhen 300 index were 5.17, 1.97, - 2.43, and - 46.03 respectively, compared with the previous two - day values of - 0.52, - 9.32, - 15.92, and - 54.72 [1]. - **IH Contracts and Shanghai 50**: The previous values of the basis between IH contracts (current month, next month, next quarter, and alternate quarter) and the Shanghai 50 index were 3.67, - 0.53, 4.67, and - 4.33 respectively, compared with the previous two - day values of - 1.94, - 4.34, - 3.54, and - 10.34 [1]. - **IC Contracts and CSI 500**: The previous values of the basis between IC contracts (current month, next month, next quarter, and alternate quarter) and the CSI 500 index were 29.52, 7.32, - 12.08, and - 158.08 respectively, compared with the previous two - day values of 24.67, 9.07, - 12.53, and - 165.73 [1]. - **IM Contracts and CSI 1000**: The previous values of the basis between IM contracts (current month, next month, next quarter, and alternate quarter) and the CSI 1000 index were 30.67, - 2.73, - 42.73, and - 242.73 respectively, compared with the previous two - day values of 38.19, - 2.61, - 45.61, and - 252.21 [1]. 3.4 Other Domestic and Overseas Indexes - **Domestic Indexes**: The previous values of the Shanghai Composite Index, Shenzhen Component Index, Small and Medium - sized Board Index, and ChiNext Index were 4138.76, 14169.40, 8730.75, and 3321.89 respectively, with declines of - 0.64%, - 1.37%, - 0.91%, and - 1.96% [1]. - **Overseas Indexes**: The previous values of the DAX index, Hang Seng Index, Nikkei 225, and S&P index had increases of 0.90%, 3.10%, - 0.19%, and 0.06% respectively [1]. 3.5 Macro Information - **US - Iran Tension**: US President Trump cancelled all talks with Iranian officials, and the US State Department asked US citizens to leave Iran immediately. The US Department of Defense officials said Trump had been briefed on military and covert operation options for the Iranian situation, but the White House said diplomacy was the "preferred" option [2]. - **Fed Chairman Issue**: The criminal investigation of Fed Chairman Powell continued to ferment. Many former US financial officials criticized the Trump administration's investigation, and global central bank governors were drafting a statement to support Powell. Trump said Powell exceeded the budget by billions and would announce the next Fed chairman in the coming weeks [2]. - **Trade Threat**: Trump threatened to impose 25% tariffs on countries with business with Iran. The Chinese Foreign Ministry spokesperson said China would firmly safeguard its legitimate rights and interests. Regarding the G7 finance ministers' agreement to reduce rare - earth imports from China, the spokesperson said China's stance on maintaining the stability and security of the global supply chain of key minerals remained unchanged [2]. - **Domestic Policies**: The Ministry of Industry and Information Technology held a symposium on manufacturing enterprises, emphasizing active participation in industry rule - making and self - discipline. Eight departments jointly introduced 14 measures to promote the high - quality development of elderly care services and the silver economy. By the end of 2024, the elderly population over 60 in China reached 310 million, and it is expected to exceed 400 million by 2035, with the silver economy scale expected to exceed 30 trillion yuan [2]. 3.6 Industry Information - **Industrial Internet**: In 2025, the core industrial scale of China's industrial Internet is expected to exceed 1.6 trillion yuan, driving an increase of about 2.5 trillion yuan in industrial added value. The average operating cost of 100 5G factories with global leading levels will be reduced by 19%. The Ministry of Industry and Information Technology deployed the development of industrial Internet platforms, aiming to have over 450 influential platforms, more than 120 million connected industrial devices, and a platform penetration rate of over 55% by 2028 [2]. - **Solar - Grade Polysilicon**: Starting from January 14, anti - dumping duties will continue to be imposed on imported solar - grade polysilicon from the US and South Korea for a period of 5 years [2]. - **Medical Supplies**: The latest batch of national high - value medical supplies procurement is scheduled to open bids on January 14, including 12 types of medical supplies in two categories: drug - coated balloons and urological interventions, with 496 products from 227 enterprises bidding [2].

编者按 近日，围绕贯彻落实中央经济工作会议精神，推动"十五五"良好开局的思路举措，工业和信息化部党组 书记、部长李乐成接受《人民日报》、新华社、中央广播电视总台、《经济日报》等中央媒体联合采 访。以下为《经济日报》报道全文。 （权威访谈·开局"十五五"） 锚定新型工业化 推动工业经济向新向优 "稳"就是要稳定重点行业和重点地区增长。重点行业和地区的工业增加值都占到工业总量的80%，是工 业经济的基本盘。我们将充分发挥重点行业规模大、产业链长、带动强的作用，深入实施好新一轮十大 重点行业稳增长工作方案；继续支持工业大省挑大梁，强化政策支持和要素保障，因地制宜发展新质生 产力。 "扩"就是要挖潜扩大有效需求。扩大内需是战略之举。我们将加强供需适配，积极推广柔性制造，加快 人工智能等新技术新模式创新应用，分行业分领域建设中国消费名品方阵，引导企业加大适销对路产品 生产，通过优质供给来满足新需要、激发新需求。加快启动"十五五"重大工程项目，着力保持制造业有 效投资；加强工贸政策协同，稳定工业品出口。 "创"就是要促进价值创造、以质取胜。我们将统筹实施传统产业焕新行动和发展壮大新兴产业打造新动 能行动，深入推进重大技术 ...

Group 1 - The "14th Five-Year Plan" marks the beginning of a new phase in China's economic development, focusing on high-quality growth and the implementation of key initiatives across various sectors [1] - The Ministry of Industry and Information Technology aims to enhance the safety and controllability of industrial and supply chains while maintaining a reasonable proportion of manufacturing [1] - Key initiatives include promoting technological innovation and industrial upgrades, with a focus on emerging industries such as integrated circuits, new materials, and aerospace [1] Group 2 - The industrial added value of key industries and regions accounts for 80% of the total industrial output, serving as the backbone of the industrial economy [2] - The plan emphasizes the promotion of intelligent transformation in manufacturing, with over 7,000 advanced and 500 excellent smart factories established [2] - By 2025, the core industry scale of the industrial internet is expected to exceed 1.6 trillion yuan, driving an increase in industrial added value of approximately 2.5 trillion yuan [2]

来自钢铁、有色、新材料、汽车、机械、船舶、轻工、医药、电子等重点行业的12家企业负责人和中国 机械工业联合会、中国石油和化学工业联合会相关负责人出席会议，在介绍企业生产经营和行业发展情 况的同时，围绕稳定经济运行、激发市场潜力、推进技术攻关、优化发展环境、加强助企帮扶等方面建 言献策。 李乐成表示，要牢牢锚定推动高质量发展这个首要任务和推进新型工业化这个关键任务，推动工业经济 实现质的有效提升和量的合理增长，发挥好稳定宏观经济大盘"压舱石"作用。 会议强调，2026年是"十五五"开局之年，稳定工业经济增长责任重大。要科学看待和把握当前工业经济 面临的形势，全力巩固工业经济稳中向好态势，深入实施新一轮十大重点行业稳增长工作方案，发挥重 点行业、地区带动作用，提升优质工业品供给能力，激发提振新消费需求，统筹用好"两重""两新"政 策，着力稳定制造业有效投资，激发民间投资活力。 1月13日，工业和信息化部部长李乐成主持召开第十八次制造业企业座谈会，聚焦实现"十五五"工业经 济良好开局，听取重点行业企业情况介绍和意见建议。 会议指出，企业家要坚守主业，加快高质量发展，在加快自身发展的同时引领行业提质增效，以优质产 品 ...

工业和信息化部部长李乐成表示，我们将实施传统产业焕新行动，聚焦冶金、 化工、轻工、纺织、机 械、船舶这些领域，分行业研究制定改造提升的方案，实施" 人工智能+"行动，大力发展 智能制造、绿 色制造，探索创建一批零碳工厂和零碳园区，让我们的传统产业"老树发新芽"。 ...

新京报贝壳财经讯 据"工信微报"披露，1月13日上午，工业和信息化部党组书记、部长李乐成主持召开 第十八次制造业企业座谈会，会上，来自钢铁、有色、新材料、汽车、机械、船舶、轻工、医药、电子 等重点行业的12家企业负责人和中国机械工业联合会、中国石油和化学工业联合会负责同志作交流发 言。会议强调，广大企业家要坚守主业，加快高质量发展。在加快自身发展的同时引领行业提质增效， 以优质产品和服务在国内外市场赢得竞争优势。深耕创新，提升核心竞争力。在提升基础研究和原始创 新能力方面下苦功夫，深扎底层原理和根技术，把创新根基和底座筑牢筑实。加强自律，打造良性生 态。积极参与行业规则制定和自律机制建设，自觉抵制"内卷"，促进共赢，呵护行业发展环境，为加快 推进新型工业化、建设制造强国作出更大贡献。 ...

1月13日上午，工业和信息化部党组书记、部长李乐成主持召开第十八次制造业企业座谈会，深入学习 贯彻习近平总书记关于新型工业化的重要论述，贯彻落实党的二十届四中全会和中央经济工作会议精 神，聚焦实现"十五五"工业经济良好开局，听取重点行业企业情况介绍和意见建议。 会上，来自钢铁、有色、新材料、汽车、机械、船舶、轻工、医药、电子等重点行业的12家企业负责人 和中国机械工业联合会、中国石油和化学工业联合会负责同志作交流发言，介绍企业生产经营和行业发 展情况，围绕稳定经济运行、激发市场潜力、推进技术攻关、优化发展环境、加强助企帮扶等方面建言 献策。部相关司局和单位对问题诉求和意见建议现场予以回应。 转自：北京日报客户端 会议指出，当前我国工业正处于由大变强、爬坡过坎的关键阶段，在外部环境变化影响加深、内部风险 挑战增多的形势下，工业经济平稳运行压力增大。同时也要看到，我国工业经济的底盘坚实、韧性强 劲，具有超大规模市场、完整产业体系、丰富人才资源等优势，长期向好的支撑条件和基本趋势没有改 变。要坚定信心、直面问题，切实把思想和行动统一到党中央对形势的科学判断上来，牢牢锚定推动高 质量发展这个首要任务和推进新型工业化这 ...

工业和信息化部召开第十八次制造业企业座谈会 1月13日上午，工业和信息化部党组书记、部长李乐成主持召开第十八次制造业企业座谈会，深入学习 贯彻习近平总书记关于新型工业化的重要论述，贯彻落实党的二十届四中全会和中央经济工作会议精 神，聚焦实现"十五五"工业经济良好开局，听取重点行业企业情况介绍和意见建议。 会上，来自钢铁、有色、新材料、汽车、机械、船舶、轻工、医药、电子等重点行业的12家企业负责人 和中国机械工业联合会、中国石油和化学工业联合会负责同志作交流发言，介绍企业生产经营和行业发 展情况，围绕稳定经济运行、激发市场潜力、推进技术攻关、优化发展环境、加强助企帮扶等方面建言 献策。部相关司局和单位对问题诉求和意见建议现场予以回应。 会议指出，当前我国工业正处于由大变强、爬坡过坎的关键阶段，在外部环境变化影响加深、内部风险 挑战增多的形势下，工业经济平稳运行压力增大。同时也要看到，我国工业经济的底盘坚实、韧性强 劲，具有超大规模市场、完整产业体系、丰富人才资源等优势，长期向好的支撑条件和基本趋势没有改 变。要坚定信心、直面问题，切实把思想和行动统一到党中央对形势的科学判断上来，牢牢锚定推动高 质量发展这个首要 ...