"种了几十年地，从来没像现在这么踏实过。"在中央储备粮汤原直属库有限公司库区大门前，当地种粮 大户王峰拍着刚卸完货的粮车车厢，黝黑的脸上满是笑意。他告诉《金融时报》记者，这已经是他拉到 粮库的第10车稻谷了。"以前卖粮，那真是把人熬得脱层皮。天不亮就得揣着冷馒头出门，拉着粮车往 几十里外的粮库赶，排上大半天队是常事。遇上收粮高峰，守在粮库外过夜都不新鲜。更让人揪心的是 结算，粮卸了、票开了，钱却总在'路上跑'，少则三四天，多则一两周，咱农民的汗水都浸在粮里，这 钱晚一天到兜里，心里就多悬一天，买种子、备化肥的计划全得往后拖。" 话音未落，王峰的手机"叮"的一声轻响，粮款到账的短信瞬间点亮屏幕。随后，笑容在他眼角的皱纹里 漾开："你再看现在，上午11点半交粮，这会儿不到2点，钱就到账了。现在粮库开在家门口，手机上点 几下就能预约卖粮时间。" 秋粮收购的画卷在黑土地上铺展时，总藏着这样动人的细节。作为全国重要的商品粮基地和粮食战略后 备基地，黑龙江的"颗粒归仓"从来都不只是丰收的注脚，更是关乎国计民生的战略使命。踏足三江平原 便会发现，每一粒粮食从田间到粮库、从原粮到商品的旅程中，都有金融力量在默默托举：它们不与 ...

图为在中央储备粮汤原直属库有限公司内，工作人员在进行粮食检测。 记者 李丹琳 摄 "钱等粮"的底气：不让丰收变愁容 下午4点，东北的天色已经完全暗了下来，中央储备粮汤原直属库有限公司库区却是一派灯火通明的景象，25 条收粮流水线"火力全开"，输送带运转的轰鸣与粮车的鸣笛交织成丰收的交响曲，数十辆满载水稻、玉米的大货 车整齐列队，依次等候登记、扦样、检验、称重、卸粮。 "2025年又是个丰收年，加上中晚稻最低收购价执行预案启动，农户卖粮积极性高得很。"中央储备粮汤原直 属库有限公司负责人王善友说，库区一天能卸粮200车，"粮食收储就像打仗，资金就是弹药。一旦资金断档，农 户的好粮就可能堆在院里受潮，'卖粮难'的愁云就会飘起来"。 《农民售粮款兑付管理办法》明确，在政策性收粮过程中，必须实现"一手交粮，一手交钱"，并确保在24小 时内完成付款。 "种了几十年地，从来没像现在这么踏实过。"在中央储备粮汤原直属库有限公司库区大门前，当地种粮大户 王峰拍着刚卸完货的粮车车厢，黝黑的脸上满是笑意。他告诉《金融时报》记者，这已经是他拉到粮库的第10车 稻谷了。"以前卖粮，那真是把人熬得脱层皮。天不亮就得揣着冷馒头出门，拉着 ...

Core Viewpoint - The oil and chemical industry in China is facing intensified homogenization competition and reliance on price wars, necessitating a transformation towards high-end, differentiated, and green development through technological innovation [1][2]. Group 1: Technological Innovation - Companies should place technological innovation at the core of overall development, creating efficient collaborative innovation mechanisms and integrating internal R&D resources to streamline the entire process from basic research to industrial application [1]. - Jilin Fuel Ethanol Company has partnered with domestic universities to address common challenges in the alcohol industry, such as yeast recovery and stability, by constructing the first domestic industrialized solidified yeast facility, significantly enhancing production efficiency and strain stability [1]. Group 2: Upgrading and Transformation - Companies need to focus on the difficulties and bottlenecks in production operations and critical points in the industrial chain, leveraging technological innovation to upgrade towards high-end, green, and intelligent directions [2]. - Jilin Fuel Ethanol Company has implemented various modifications, including negative pressure transportation and waste gas recovery, resulting in savings of 67,300 tons of steam and 1.28 million kilowatt-hours of electricity this year [2]. - The company has also enhanced its intelligent transformation, achieving online monitoring for 254 pumps, leading to a year-on-year reduction of 44% in motor burnouts and 38% in bearing replacements [2]. Group 3: Innovation-Driven Development - Companies should focus on practical outcomes in driving industrial development, ensuring a seamless connection from technology to industry, and adopting a market-oriented approach to develop high-performance, customized products [2]. - Jilin Fuel Ethanol Company is accelerating non-grain research and development in line with national energy strategies, utilizing bioethanol to mitigate the adverse effects of single raw material reliance and reduce competition for food resources [2]. - The company is also investing in refining and derivative technologies to explore the development of high-value by-products such as ethylene, acetaldehyde, and high-protein feed, actively expanding its new product portfolio to create new profit highlights [2].

Core Viewpoint - The article discusses the shift in foreign trade enterprises' currency exchange strategies in response to the Federal Reserve's interest rate cuts and the changing dynamics of the USD and RMB exchange rates, leading to increased willingness to convert USD to RMB [3][12][17]. Group 1: Currency Exchange Trends - Since late September, many foreign trade companies have increased their currency exchange efforts due to the Federal Reserve's resumption of interest rate cuts, which has diminished the yield advantage of USD investments [3][12]. - The RMB/USD exchange rate has risen above the 7.15-7.30 range, prompting expectations of further appreciation of the RMB, leading companies to act early to secure favorable exchange rates [3][12][17]. - The average exchange rate for foreign trade enterprises was 53.7% in the first eight months of the year, a slight increase of 0.5 percentage points from the previous year, indicating a cautious approach to currency conversion prior to the recent changes [11]. Group 2: Impact of Interest Rates on Investment Decisions - Prior to the Fed's interest rate cuts, many companies preferred to keep USD in offshore accounts for higher returns from USD-denominated investments, which yielded around 4.6% annually, significantly higher than domestic RMB rates [11][12]. - The shift in strategy is evident as companies like Chen Qi's have begun to convert a portion of their USD receivables to RMB, with plans to invest in domestic financial products that offer competitive returns [13][15]. - The article highlights that the recent interest rate cuts have led to a 180-degree change in the investment landscape, with companies now prioritizing currency conversion over holding USD assets [12][17]. Group 3: Risk Management Strategies - Companies are adjusting their risk management strategies for currency fluctuations, with some opting to hedge against exchange rate risks by betting on RMB appreciation for future imports [8]. - The article notes that the use of forward foreign exchange tools is becoming more common among foreign trade enterprises to lock in favorable exchange rates, although challenges such as high costs and collateral requirements remain [18][19]. - The central bank's data indicates that the foreign exchange hedging ratio for enterprises has increased to approximately 30%, up from 17% in 2020, reflecting a growing awareness of currency risk management [20].

Core Insights - The article highlights the significance of the silkworm industry in Xiuyan County, Liaoning Province, as a key driver for rural revitalization and farmer income growth [1][2]. Group 1: Industry Background - Xiuyan County has a 300-year history of silkworm farming, with the industry being recognized as a national intangible cultural heritage [2]. - The local climate is conducive to silkworm rearing, with the area being the largest in China for both silkworm farming area and production [2]. Group 2: Economic Impact - Silkworm farming is a crucial pillar of the rural economy in Xiuyan, with over 20,000 households and more than 60,000 people involved in the industry [2]. - The annual output value for spring silkworms is approximately 800,000 yuan per farm, with profits around 720,000 yuan, while for autumn silkworms, the output value is about 700,000 yuan and profits around 630,000 yuan [2]. Group 3: Comprehensive Development - Xiuyan has established a full-chain system encompassing breeding, rearing, silk reeling, processing, and sales, with a total industry output value exceeding 2.6 billion yuan [3]. - The county has six large-scale silk reeling factories producing 400 tons of raw silk annually, contributing 240 million yuan to the local economy [3]. Group 4: Culinary Aspects - Silkworms are considered a delicacy in Northeast China, with various culinary preparations including stir-frying and deep-frying, making them a popular choice in local restaurants [4]. - Xiuyan has over 200 processing points for edible silkworms, producing 10,000 tons of edible pupae annually [4]. Group 5: Price Index Initiative - The Xiuyan County government, in collaboration with the Xinhua Index Research Institute, has launched a price index project for silkworms to establish a pricing benchmark and enhance market recognition of Xiuyan silkworm products [5]. - This initiative aims to transform the region into a comprehensive service hub for the silkworm industry, promoting high-quality development [5].