中国联通12月15日晚间公告，联通创投参与出资诚通科创（江苏）基金，该基金为公司制，联通创投作 为股东认购100,000万元的基金份额，占比10%。本次交易总额人民币100,000万元，资金来源为联通创 投的自有资金。该基金主要投资方向：投向新材料、高端装备制造、新一代信息技术、新能源、生命健 康、核相关等领域以及江苏省重点支持发展的战略性新兴产业集群和重点培育的未来产业领域。 ...

| | | | 今年有望肯致力化GDP城市的经济进度数据 | | | | --- | --- | --- | --- | --- | --- | | 城市 | 一季度GDP(亿元)- | | 一季度GDP增速(%) 上半年GDP(亿元) | 上半年GDP增速(%) 前三季度GDP(亿元) 前三季度GDP增速(%) | | | 温州 | 2403.7 | 6.7 | 4831.9 | 7414.4 | 6.1 | | 徐州 | 2251.7 | 5.9 | 4509.3 | 6.2 7298.12 | | | 大连 | 2280.3 | 6.2 | 4647 | 7248.2 | | | | 整理:柳宁馨 数据来源:各城市统计局 | | | | | 今年万亿GDP城市扩容的一大特点是，3座备选城市中有两座为普通地级市（温州和徐州）。 21世纪经济报道梳理发现，不少经济体量在7000 亿元—8000亿元的普通地级市，成为未来几年冲刺万亿GDP的主力军，例如绍兴、扬州、盐城、嘉兴等。 这将影响我国城市的经济格局。一方面，随着我国总体经济发展，万亿GDP城市有望继续扩容，从省会城市、计划单列市等向普通地级市发 展；另 ...

连日来，陕西各地各部门认真传达学习省委十四届九次全会精神，结合实际安排部署贯彻落实工 作。 省委党史研究室 12月2日，省委党史研究室召开会议，传达学习省委十四届九次全会精神，研究贯彻落实工作。会 议指出，此次全会是陕西立足自身定位、推动中央决策方针落地的具体行动，更是指导未来五年陕西党 史事业赓续发展的纲领性文件。会议强调，要聚焦省委工作部署，立足党史部门职责职能，找准服务大 局切入点，将全会精神贯穿党史工作全过程各环节。要锚定发展坐标，谋划好"十五五"蓝图。对标对表 省委规划《建议》，精准对接"六个更大突破"，谋深谋细党史重点项目，科学编制全省党史工作规划。 要深化专题研究，发挥好以史资政作用。系统梳理"十四五"时期陕西各领域重大成就与经验启示，深化 推进中国式现代化陕西实践研究，推出更多服务现实研究成果，为省委决策提供镜鉴参考。要完成好既 定目标任务。全面总结评估"十四五"党史工作规划实施情况，科学谋划明年重点工作，确保各项任务高 质量收官、新阶段工作高起点开局，在服务全省发展大局中彰显党史担当、贡献党史力量。 省国资委 12月3日，省国资委召开党委（扩大）会议，传达学习省委十四届九次全会精神，研究部署 ...

Core Insights - The 27th China International High-tech Achievements Fair (CIHTAF) was held in Shenzhen from November 14 to 16, showcasing cutting-edge technologies in various fields such as artificial intelligence, robotics, semiconductors, and commercial aerospace, attracting over 5,000 renowned companies and international organizations from more than 100 countries and regions [1][2] Group 1: Event Overview - The Shenzhen Stock Exchange (SZSE) Technology Exchange Center made its third appearance at CIHTAF, highlighting its role in connecting technology with capital through a comprehensive service system and the release of high-quality white papers [1] - The event featured 44 selected projects from the SZSE Technology Exchange Center, the highest number in three years, focusing on strategic emerging industries such as new information technology, new energy, and high-end equipment manufacturing [2] Group 2: Project Highlights - The showcased projects included intelligent robots, hydrogen-powered drones, and AI-based brain function monitoring technologies, providing key insights into their core technologies, main products, and market outlook [2] - The SZSE Technology Exchange Center released a white paper titled "Compilation of Technology Enterprises and Achievements," introducing a curated list of high-quality technology projects named "108 Champions" for investors and industry players [2] Group 3: Future Plans - The SZSE Technology Exchange Center plans to leverage the opportunity presented by the comprehensive reform pilot policies in Shenzhen to enhance innovation network construction, streamline capital market channels, and strengthen the trading service ecosystem [3]

Economic Overview - Beijing's GDP grew by 5.6% year-on-year in the first three quarters, surpassing the national average by 0.4 percentage points, indicating a stable and positive development trend [1] - The growth is supported by traditional advantageous sectors, effective incremental and stock policies, and the accelerated growth of emerging forces [1] Traditional Advantageous Sectors - The information service industry, financial industry, and manufacturing collectively contributed over 80% to the economic growth, with their combined value added accounting for 52.5% of the city's GDP [2] - The information service sector saw an 11.2% increase in value added, contributing 2.5 percentage points to GDP growth, driven by advancements in software development, cloud storage, and artificial intelligence [2] - The financial sector's value added grew by 9%, contributing 1.5 percentage points to GDP growth, supported by a rapid increase in RMB loans [2] Industrial Performance - The industrial sector's value added increased by 6.5%, with industrial exports showing resilience, reaching 158.9 billion yuan, a 6% increase [3] - Advanced manufacturing, particularly in electronics, grew by 24.6%, significantly contributing to overall industrial growth [4] Emerging Forces - High-tech manufacturing value added increased by 9.9%, accounting for 32.5% of the total industrial value added, while strategic emerging industries grew by 17.9%, making up 46.5% [5] - Production of lithium-ion batteries and new energy vehicles surged by 160% and 150%, respectively, indicating strong growth in advanced manufacturing [5] Investment Trends - High-tech industry investment rose by 51.7%, particularly in integrated circuits and internet information sectors, while information service investment doubled [6] - Major enterprises in the city increased R&D spending by 6.4%, reflecting a growing focus on innovation [6] Policy Effects - Incremental and stock policies have significantly supported economic stability, with equipment investment rising by 83.1%, contributing 14.5 percentage points to overall investment growth [7] - Service consumption has reached its highest level in five years, with service spending accounting for 59.8% of total household consumption [7][8] Market Expectations - The securities trading volume increased by 33.9% in the first three quarters, reflecting improved market confidence [9] - Over 230,000 new enterprises were established, with significant growth in sectors like scientific research and technology services [9] Future Outlook - The economic outlook for the fourth quarter remains positive, with expectations of continued stable growth [10][11] - The city is focusing on expanding demand and enhancing policy effectiveness to sustain economic recovery [11]

Core Insights - China has established over 4,000 national standards in advanced manufacturing since the "14th Five-Year Plan," significantly impacting cost reduction, product quality assurance, international trade, and enhancing enterprise competitiveness [1][3][11] Group 1: Standards Development - The State Administration for Market Regulation has released 491 national standards in the smart manufacturing sector, providing high-quality references for the digital and intelligent transformation of manufacturing enterprises [3] - In the new energy vehicle sector, 95 national standards have been published, enhancing collaboration across the automotive supply chain and improving production efficiency while reducing costs [3] - Approximately 20% of China's total group standards focus on advanced manufacturing fields such as new-generation information technology and high-end equipment manufacturing, supporting industrial upgrades and technological innovation [3] Group 2: International Standards and Collaboration - China has proposed 880 international standard proposals and led the development of 532 international standards in areas like new energy vehicles and aerospace during the "14th Five-Year Plan" [3] - The conversion rate of advanced applicable international standards into national standards exceeds 90%, with 4,210 international standards adapted for domestic use [4] - Platforms like the Hongqiao International Economic Forum and the Qingdao International Standardization Conference have been utilized to enhance international standard exchanges in advanced manufacturing sectors [4] Group 3: Impact on Manufacturing Efficiency - The establishment of over 30,000 basic smart factories, 1,200 advanced smart factories, and 230 excellent smart factories has led to significant improvements: average product development cycles shortened by 28.4%, production efficiency increased by 22.3%, defect rates reduced by 50.2%, and carbon emissions decreased by 20.4% [7] - The implementation of standards in smart manufacturing is seen as a key driver for high-quality development in the manufacturing sector, with specific guidelines provided for smart factory construction and safety control [6] Group 4: Future Industry Standards - Jiangsu Province has initiated a three-year action plan for future industry standardization, focusing on sectors like synthetic biology and drones, and promoting collaboration among technical organizations, universities, industry associations, and enterprises [9] - The government work report for 2025 emphasizes the need for standard enhancement to lead the optimization and upgrading of traditional industries [11] - The State Administration for Market Regulation plans to revise and develop over 4,000 national standards focusing on key areas such as artificial intelligence, IoT, and new materials to support manufacturing transformation [12]

Group 1 - The core viewpoint of the article highlights the significant performance of the Sci-Tech Innovation Board (STAR Market), with the STAR 50 Index rising from 988.93 points to 1364.60 points, a cumulative increase of 37.99% year-to-date, outperforming the overall A-share index which rose 22.52% during the same period [1] - The STAR Market has shown a trend of strong fluctuations and excess returns, driven by the listing of more companies with core technologies and strong innovation capabilities, enhancing the overall quality and attractiveness of the market [1][29] - The demand for domestic substitution of key core technologies will continue to be strong, providing substantial growth opportunities for companies listed on the STAR Market amid global industrial chain restructuring and a focus on domestic circulation [1][29] Group 2 - The first bull market from March to July 2020 saw the STAR 50 Index surge from approximately 1029.75 points to 1721.98 points, a remarkable increase of 67.22%, indicating the STAR Market's leading position and strong momentum during that period [5] - The second bull market from March to July 2021 resulted in the STAR 50 Index rising from about 1219.71 points to 1610.77 points, achieving a growth of 32.06%, demonstrating the unique appeal of the STAR Market in the field of technological innovation [7] - The first bull market was characterized by a focus on hard technology sectors, with the pharmaceutical and biotechnology industries leading with an average increase of 126.43%, while the electronics sector followed with a 79.53% average increase [12] Group 3 - The second bull market displayed a structural differentiation, with the power equipment and electronics sectors dominating, achieving average increases of 62.45% and 51.95% respectively, reflecting the market's enthusiasm for advanced manufacturing [14] - The investment logic evolved from a focus on high growth and high valuation in the first bull market to a more rational approach emphasizing performance and the balance between growth and value in the second bull market [18][27] - The STAR Market's attractiveness continues to grow, as evidenced by its consistent outperformance compared to the ChiNext Index and the Shanghai Composite Index during both bull markets [28]

Group 1 - The Science and Technology Innovation Board (STAR Market) has reached its sixth anniversary, with the number of listed companies increasing to 589 from the initial 25 [1] - Over 80% of STAR Market companies are in emerging industries such as new generation information technology, biomedicine, and high-end equipment manufacturing [1] - In 2024, the total R&D investment of STAR Market companies is expected to reach 168 billion yuan, with 379 companies recognized as national "specialized and innovative" enterprises [1] Group 2 - STAR Market has created a more open, inclusive, and efficient capital market environment, significantly enhancing the governance, innovation, competitiveness, and operational capabilities of listed companies [2] - The board has become a vital force in promoting high-quality development in key industries through its commitment to innovation-driven development [2] Group 3 - Future reforms on the STAR Market will focus on nurturing core technological breakthroughs and supporting the development of new productive forces, providing essential support for high-quality development of quality technology enterprises [3] - The recent regulatory reforms aim to further clarify the direction of STAR Market in serving "hard technology" enterprises, expanding opportunities for technology companies to leverage the capital market [3]

Group 1 - The core viewpoint of the news is the launch of a series of specialized indices aimed at supporting "specialized, refined, distinctive, and innovative" companies in the A-share market, which will guide capital towards innovation-driven SMEs and promote their high-quality development [1][9] - The Shanghai Stock Exchange and the China Securities Index Company will release the Shanghai Stock Exchange Specialized and Innovative Index and the China Securities Specialized and Innovative 100 Index on July 21 [1][4] - The Shenzhen Stock Exchange will also launch the Shenzhen Specialized and Innovative Index and the ChiNext Specialized and Innovative Index on the same date [1][4] Group 2 - As of June 2025, China has cultivated a total of 14,600 specialized and innovative "little giant" enterprises, with over 1,000 of them being listed on the A-share market [3] - These "little giant" companies are characterized by their strong innovation capabilities, high mastery of core technologies, and leading market shares in niche segments, despite having smaller market capitalizations [2][3] - The average market capitalization of A-share specialized and innovative "little giant" listed companies is approximately 6.7 billion, with an average revenue of about 1.3 billion in 2024 [3] Group 3 - The newly launched indices will provide a performance benchmark for specialized and innovative listed companies, with the Shanghai Specialized and Innovative Index selecting 100 larger companies, where 75% are from the Sci-Tech Innovation Board [5] - The China Securities Specialized and Innovative 100 Index covers 100 top-ranked "little giant" securities from the Shanghai, Shenzhen, and Beijing markets, reflecting the distribution of specialized and innovative companies in the A-share market [5] - The Shenzhen Specialized and Innovative Index and the ChiNext Specialized and Innovative Index have a total market capitalization of 1.5 trillion and 1.3 trillion respectively, with average daily trading volumes of 41.6 billion and 40.8 billion [5][6] Group 4 - The indices are expected to enhance the capital market's service to the real economy, providing investors with diverse investment tools and supporting the high-quality development of SMEs [9] - The indices will also promote long-term and value investment concepts, encouraging more medium to long-term capital to enter the market [9] - The Shenzhen Stock Exchange aims to leverage the indices to guide market resources towards technology innovation enterprises, providing diversified investment targets for investors to share in the growth dividends of these sectors [9]

Group 1 - The core viewpoint of the article highlights the significant role of private enterprises and individual businesses in driving the growth of the private economy in China, with private economic organizations reaching 185 million, accounting for 96.76% of total business entities, and showing a year-on-year growth of 2.3% as of the end of May [1] - The number of private enterprises has surpassed 58 million, reflecting a year-on-year increase of 5.2%, indicating their increasing investment in technological innovation and their contribution to strategic emerging industries such as new energy and high-end equipment manufacturing [1] - Individual businesses have reached 127 million, with a year-on-year growth of 1.0%, demonstrating their flexible business models that cater to diverse consumer needs in sectors like community retail, catering services, and home maintenance [1]