昨天（6月12日），一场聚焦能效提升、碳资产管理和绿色制造的创新合作在苏州启动。国网（苏 州）城市能源研究院联合波司登集团、江苏常铝铝业集团股份有限公司、常熟市古里镇党委、国网常熟 市供电公司，共同签署"能碳先锋·红色网格"共建协议，以党建为引领打造"零碳工厂"示范项目，推动 服装和铝业两大产业链绿色转型。 活动现场，专家解读了《"能碳先锋·红色网格"结对共建赋能低碳发展共建方案》《企业绿色低碳 发展相关政策解读及实践分享》、最新绿色电价政策。 据了解，通过搭建资源共享、优势互补的合作平台，该项目将形成更多可复制、可推广的"党建 +双碳"模式，未来在苏州更多重点产业集群推广。 今后，五方将重点在三大领域展开合作。在碳资产管理方面，能源研究院专家团队将为企业提供碳 盘查、碳足迹认证等服务，建立科学碳管理体系。在能效提升方面，国网常熟市供电公司党委联合国网 （苏州）城市能源研究院技术骨干担任"低碳顾问"，开展能效诊断，推广光储充一体化微电网。在绿色 制造方面，以波司登、常铝为链主企业，带动上下游企业共建"零碳工厂"试点。 "这次合作最大的亮点是形成政企研协同机制。"国网（苏州）城市能源研究院相关负责人介绍，电 网 ...

Investment Rating - The report indicates a positive outlook for investment, suggesting a "moderate recovery + structural transition" in the economy for 2025 [57]. Core Insights - The 2025 government work report emphasizes the need to boost consumption, enhance investment efficiency, and expand domestic demand comprehensively [5][57]. - Key development goals include a GDP growth target of around 5%, a focus on employment, and a commitment to ecological improvement [5][7]. - The report outlines a proactive fiscal policy with a total new government debt scale of 11.86 trillion yuan, an increase of 2.9 trillion yuan from the previous year [5][23]. Summary by Sections 1. Overview of the 2025 Government Work Report - The report sets a GDP growth target of approximately 5%, with urban unemployment around 5.5% and over 12 million new urban jobs [5]. - It highlights the implementation of a more proactive fiscal policy and a moderately loose monetary policy [5]. 2. Interpretation of the 2025 Government Work Report Consumption - Durable goods consumption is expected to double from 150 billion yuan in 2024 to 300 billion yuan [13]. - The report aims to enhance service consumption in health, elderly care, and childcare sectors [13]. - New consumption models will be promoted, focusing on digital, green, and intelligent consumption [13]. Fixed Asset Investment - The report emphasizes the need for effective investment, with a proposed central budget investment of 735 billion yuan for 2025 [29]. - It encourages private investment in major infrastructure and social welfare projects [30]. - The focus will be on digital economy innovation, particularly in AI and 5G applications [31][32]. Government Purchases - The report outlines plans to expand high-quality public services in education and healthcare, including reforms in public hospitals and medical services [36]. Net Exports - The report aims to stabilize foreign trade and investment, promoting service trade innovation and encouraging foreign investment in various sectors [41]. 3. Investment Guidance from the 2025 Government Work Report - The report identifies key investment directions, including technology innovation, green economy, consumption upgrades, and infrastructure [57][68]. - It highlights the importance of supporting strategic emerging industries, particularly in aerospace, low-altitude economy, and biomanufacturing [59]. - The green economy is emphasized, with a focus on renewable energy, energy storage technologies, and carbon capture [60]. - Consumption upgrades are targeted to stimulate domestic demand, with specific measures to enhance consumer confidence and spending [61][62].