10月19日，上交所发布"十四五"改革发展情况回顾，就服务新质生产力，发挥市场功能见行见效，深化改革，构建投资者保护生态等举措进行 了综述。 数据显示，五年来，沪市科技创新公司数量占比从32%升至41%，市值占比从27%升至32%，其间新上市公司近7成为科技创新企业。沪市集成 电路、生物医药、高端装备和新能源等产业公司数量较"十三五"同比接近翻番。 其中，140家集成电路企业，形成完整的半导体芯片产业链；224家生物医药企业，科创板已成为全球第三大生物医药企业上市地；260家高端 制造、61家新能源企业，成为引领新兴领域发展的链主和中坚力量。 上交所于"十四五"时期还全力推进"科创板八条""科创成长层1+6"等改革政策落实落地，科创板新增上市公司376家，其中37家未盈利企业、6 家特殊股权架构企业、4家红筹企业、13家适用第五套标准。已有22家上市时未盈利企业在上市后实现盈利，比例超4成。 五年来，沪市科技创新公司数量占比从32%升至41%，市值占比从27%升至32% 海光信息总经理沙超群则表示，"十四五"期间，受益于政策赋能和资本市场协同驱动，我国科技自立自强步伐持续提速。海光信息自登陆科创 板以来，借助 ...

新华财经上海10月18日电据上交所发布，"十四五"时期，上交所与市场各方一道，锚定高质量发展首要 任务，主动融入国家经济社会发展大局，稳步推进世界一流交易所建设。目前，上交所已成为全球第三 大股票市场、全球最大交易所债券市场、亚洲第二大ETF市场，期权交易量也稳居全球同类产品前列。 "起"势——服务新质生产力聚点成面 "转"变——深化改革重塑发展格局 以设立科创板并试点注册制、全面注册制等重大改革为牵引，支持高科技企业发行上市和持续发展的制 度体系基本成形，服务国家高水平科技自立自强、培育新质生产力势"起"新章。 含"科"量不断提升。五年来，沪市科技创新公司数量占比从32%升至41%，市值占比从27%升至32%， 期间新上市公司中近7成为科技创新企业。一批技术领军企业从无到有、汇聚成势，成为国家战略重要 支撑；传统型、支柱型企业也因地制宜发展新质生产力，以产业跃升夯实经济基本盘。沪市集成电路、 生物医药、高端装备和新能源等产业公司数量较"十三五"同比接近翻番。其中，140家集成电路企业， 形成完整的半导体芯片产业链；224家生物医药企业，科创板已成为全球第三大生物医药企业上市地； 260家高端制造、61家新能 ...

Core Viewpoint - The Shanghai Stock Exchange (SSE) has made significant progress during the 14th Five-Year Plan period, focusing on high-quality development and becoming a world-class exchange, while supporting China's modernization and financial strength [1]. Group 1: Market Development - SSE has become the third-largest stock market globally, the largest exchange bond market, and the second-largest ETF market in Asia [1]. - The number of technology innovation companies in the Shanghai market increased from 32% to 41%, and their market capitalization rose from 27% to 32% over five years [2]. - R&D investment in Shanghai-listed companies grew from 0.64 trillion yuan to 1.07 trillion yuan, a 66% increase, accounting for nearly 40% of national R&D investment [3]. Group 2: Financing and Investment - The total financing from stock initial public offerings (IPOs) in the Shanghai market increased by 16% compared to the previous five years [4]. - The bond market's total issuance reached 31 trillion yuan, a 42% increase, with over 10 trillion yuan in industrial bonds and asset-backed securities (ABS) [4]. - The scale of ETF products surged from 0.9 trillion yuan to 4 trillion yuan, a nearly 3.5-fold increase, becoming a crucial channel for long-term capital [5]. Group 3: Reform and Governance - The SSE has enhanced the awareness of corporate responsibility, with a 51.2% increase in total dividend payouts to 7.32 trillion yuan over five years [6]. - The proportion of professional institutions holding A-shares increased by 47%, with long-term funds growing by 55% [6]. - The SSE has implemented a robust regulatory framework, resulting in nearly 800 disciplinary actions against violations, including significant penalties for financial fraud [8]. Group 4: Internationalization and Openness - The SSE has actively integrated into the national strategy for opening up, with a 275% increase in cumulative transactions through the Stock Connect program [7]. - The issuance of Global Depositary Receipts (GDRs) by 10 companies raised a total of 3.35 billion USD [7]. - The SSE's cross-border index product scale exceeded 320 billion yuan, enhancing its international influence [7]. Group 5: Investor Protection and Education - The SSE has promoted a "big investor protection" concept, enhancing market ecology through strict regulatory measures and investor education [8]. - The average dividend yield in the SSE approached 2.5% during the 14th Five-Year Plan period, encouraging companies to implement multiple dividend distributions [8]. - The SSE has established a three-tier investor education and protection mechanism to better match investors with suitable products [8].

登录新浪财经APP 搜索【信披】查看更多考评等级 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 上交所"十四五"成绩单出炉！ 制度包容性显著增强，"十四五"时期，上交所全力推进"科创板八条""科创成长层1+6"等改革政策落实 落地，科创板新增上市公司376家，其中37家未盈利企业、6家特殊股权架构企业、4家红筹企业、13家 适用第五套标准。已有22家上市时未盈利企业在上市后实现盈利，比例超4成。20家第五套标准上市企 业中19家已有核心产品上市，16家营收超1亿元，其中4家营收超10亿元。 IPO融资额较"十三五"增长16% 发挥好资本市场功能，既要求新求变，也要一脉相"承"。强功能、稳基础、盘存量，注重投融资协调发 展，是上交所"十四五"工作的鲜明主线。 在直接融资方面，"十四五"时期，沪市股票首发融资额较"十三五"增长16%。债券市场发行总规模31万 亿元，较"十三五"增长42%，其中产业债、ABS产品发行规模超10万亿元。大力推进建设REITs市场， 首发上市及扩募分别达51单和4单，募集资金1405亿元，市场占比近七成，在盘活存量资产、扩大有效 投资方面发挥积极作用。率先推 ...

本报讯(记者毛艺融)10月17日，上交所发布"十四五"改革发展情况回顾。上交所表示，五年来，沪市科 技创新公司数量占比从32%升至41%，市值占比从27%升至32%，新上市公司中近七成为科技创新企 业。 创新动能积厚成势。五年来，沪市公司研发投入从0.64万亿元升至1.07万亿元，增幅66%，已占全国企 业研发投入规模的近四成；近300家次公司获得国家科学技术奖励。科创板公司累计形成专利12万项， 研发强度中位数12.6%，持续领跑A股各板块。 沪市集成电路、生物医药、高端装备和新能源等产业公司数量较"十三五"同比接近翻番。其中，140家 集成电路企业，形成完整的半导体芯片产业链；224家生物医药企业，科创板已成为全球第三大生物医 药企业上市地；260家高端制造、61家新能源企业，成为引领新兴领域发展的链主和中坚力量。 ...

智通财经APP获悉，上交所发布"十四五"改革发展情况回顾。目前，上交所已成为全球第三大股票市 场、全球最大交易所债券市场、亚洲第二大 ETF市场，期权交易量也稳居全球同类产品前列。以设立 科创板并试点注册制、全面注册制等重大改革为牵引，支持高科技企业发行上市和持续发展的制度体系 基本成形，服务国家高水平科技自立自强、培育新质生产力势"起"新章。 含"科"量不断提升。五年来，沪市科技创新公司数量占比从32%升至41%，市值占比从27%升至32%， 期间新上市公司中近7成为科技创新企业。一批技术领军企业从无到有、汇聚成势，成为国家战略重要 支撑;传统型、支柱型企业也因地制宜发展新质生产力，以产业跃升夯实经济基本盘。沪市集成电路、 生物医药、高端装备和新能源等产业公司数量较"十三五"同比接近翻番。 其中，140家集成电路企业，形成完整的半导体芯片产业链;224家生物医药企业，科创板已成为全球第 三大生物医药企业上市地;260家高端制造、61家新能源企业，成为引领新兴领域发展的链主和中坚力 量。 改革为发展注入澎湃动力，深化改革的步伐始终贯穿上交所"十四五"时期，推动市场格局在潜移默化 中"转"变。上市公司主体责任意 ...

根据白皮书，截至目前，浦东新区累计成功创建绿色制造示范单位122家次，其中绿色工厂91家次（国 家级49家，市级42家次）、绿色供应链管理企业17家（国家级6家，市级11家）、绿色园区7家（国家级 1家，市级6家）、4家企业国家级绿色产品22种、国家级工业产品绿色设计示范企业3家；累计创建上海 市零碳示范单位9家，其中5家零碳工厂、2家零碳创建园区、1家零碳创建工厂、1家零碳数据中心。 大会发布了15个"十四五"浦东新区绿色低碳产业发展样本，涵盖巴斯夫（中国）有限公司、上海奥威科 技开发有限公司、上海勃林格殷格翰药业有限公司、欧姆龙(上海)有限公司、中芯国际集成电路制造(上 海)有限公司等11家获评国家级绿色工厂的企业，以及上海吉列有限公司、扬子江药业集团上海海尼药 业有限公司、上海三菱电机·上菱空调机电器有限公司3家国家级绿色供应链管理企业，和浦发·零碳绿谷 1个零碳创建园区。 面向"十五五"，浦东将紧跟产业发展最前沿、锚定"双碳"战略使命，通过技术创新、制度突破与场景赋 能，推动绿色低碳产业跨越式发展，建设有国际影响力的绿色低碳科技策源地、绿色低碳产业先导 区、"双碳"战略最佳实践区。 10月17日举行的 ...

Core Insights - Tianjin Dongli District focuses on innovation-driven development, cultivating new quality productivity, and continuously releasing new development momentum [1] - The district has added 226 national high-tech enterprises and 133 specialized and innovative enterprises over the past five years, with a technology contract transaction volume of 43 billion yuan [1] - During the 14th Five-Year Plan period, the manufacturing value-added in Dongli District accounts for over 30% of GDP [1] Group 1: Industry Development - Dongli District has cultivated three billion-level industrial chains in new energy intelligent connected vehicles, light industry, and high-end equipment, with the new materials industry cluster's output nearing 50 billion yuan [1] - Strategic emerging industries account for 30.8% of the district's regulated industrial output [1] - The aerospace industry chain's output increased by 60% year-on-year in 2022, supported by leading enterprises like Aisida [1] Group 2: Traditional Industry Transformation - A total of 33 projects, including those from China and American Schering-Plough and Jinqiao Welding Materials, have secured 1.24 billion yuan in national bond funding, driving nearly 10 billion yuan in investments for smart upgrades and energy-saving initiatives [2] - Dongli District has launched 85 "smart transformation" projects in the past three years, enhancing traditional industries while fostering new emerging industries [2] - Twelve enterprises, including Tiangang and Steel Pipe Company, have been recognized as national green factories, while Pinggao Intelligent Electric and Zhixin Electric have been awarded as national excellent intelligent factories [2] Group 3: Collaboration and Investment - Dongli District has leveraged the opportunities from the Beijing-Tianjin-Hebei coordinated development, successfully attracting 122 high-quality projects with a total investment of over 40 billion yuan [2] - Collaborations with high-level institutions such as Tsinghua University and the Chinese Academy of Sciences have been established to enhance resource integration [2]

Core Insights - The fourth Global Investment Promotion Conference for the Chengdu-Chongqing Economic Circle was successfully held in Singapore, focusing on the theme "Chuan-Yu Connects ASEAN: Global Industry Chain" [1] Group 1: Investment Opportunities - The event attracted over 200 participants, including government agencies, business associations, key enterprises, and research institutions from Singapore [1] - Key sectors highlighted for collaboration included automotive manufacturing, high-end equipment, artificial intelligence, electronic information, biomedicine, and new materials [3] - A "Double Cities, Double Hundreds" investment project opportunity list was released, offering over 1 trillion yuan in total investment, providing precise cooperation directions for global investors [3] Group 2: Project Signings - Five key projects were successfully signed during the event, with a total cooperation amount of 1.15 billion yuan, covering areas such as artificial intelligence, new materials, food and agricultural product processing, and health data analysis [3] Group 3: Strategic Importance - The conference is seen as a significant step for the Chengdu-Chongqing region to implement national strategies, deepen opening-up, and connect with the ASEAN market, integrating into the global industrial supply chain [4] - The Chengdu-Chongqing region aims to continue deepening strategic collaboration, policy coordination, platform connection, and shared benefits, enhancing its role as a dynamic growth hub with international influence [4]

选择历史篇和内需篇作为十五规划前瞻系列电话会议的主题，主要基于两个目 的。首先，通过回顾过去五年规划的内容，特别是近期的五年规划，我们希望 对即将到来的十五规划进行预判和研判。这不仅有助于研究政策本身，还能分 析这些政策对资本市场的影响，从而识别哪些行业和板块可能受益。其次，内 需方面，中央高度关注消费和内需工作。例如，在党的二届三中全会、2024 年的中央经济工作会议以及 2025 年的政府工作报告中，都明确提出要完善扩 大消费长效机制，并将大力提振消费、提高投资效益、全方位扩大国内需求作 短期内，政策可能推动板块轮动效应，基建领域资金可能流向区域旅游、 酒店餐饮板块；社会民生补短板机会突出，如养老领域康复护理到健康 管理智慧养老运营层次延伸。中长期来看，投资主线聚焦数字经济与高 端制造、新能源产业以及银发经济。 十四五规划中，消费领域呈现阶段性走弱态势，2023 年三四季度消费 对经济增长的贡献率从高位回落。投资领域，部分能源安全和产业融合 以及民生保障关联领域目标推进未达预期，如核电发电机组容量目标完 成进度滞后。 "十五五"规划前瞻：历史篇+内需篇 20251016 摘要 十五规划将延续并深化十四五规 ...