Femorning Daily 02.04.2018 财经早餐（微信号：Femorning）：每天

本文《Femorning Daily 02.04.2018》是傻大方资讯网小编整理于开放的互联网，版权归原作者所有。

1. REN Zeping, the Evergrande Research Institute, believed that trade imbalances exist between UK-Netherlands, UK-Germany, UK-China, US-European, and US-Japan in the long-term from the perspective of previous global trade wars and Sino-US trade imbalance is not a unique phenomenon. In the trade war between China and the United States, our best response is to strengthen our resolve and courage to promote a new round of reform and opening-up.

1、恒大研究院任泽平认为，从全球历次贸易战看，英荷、英德、中英、美欧、美日之间均存在长期的贸易失衡问题，中美贸易失衡并非特有现象。

中美贸易战，我方最好的应对是以更大决心更大勇气推动新一轮改革开放，坚定不移。

2. According to Xinhua News Agency, China Development Bank (CDB) will arrange 400 billion yuan of accurate poverty alleviation loans this year to support infrastructure in poor areas, especially in deep poverty-stricken areas for poverty alleviation and relocation, special industry development, and education and health improvement. In the past five years, CDB issued 919.1 billion yuan of precision poverty alleviation loans, covering 987 impoverished counties.

、新华社消息，

国开行今年将安排精准扶贫贷款
4000
亿元，

支持贫困地区特别是深度贫困地区基础设施、易地扶贫搬迁、特色产业发展、教育卫生改善等。过去五年，国开行发放精准扶贫贷款

9191

亿元，覆盖

987

个贫困县。

3. JIANG Chao from Haitong Securities believes that if China"s economy shifts from a debt-financing model to an innovative model in the future, it will inevitably switch from a price-raising model to an efficiency model. In fact, it means that the main asset allocation in the future lies in two major directions, which are innovation and stable income.

、海通证券姜超认为，未来中国经济如果从举债模式转向创新模式，那么必然会从涨价模式切换到效率模式，

其实也就意味着未来的主要资产配置在于两大方向，创新和稳定收益。

4. According to the Beijing Youth Daily, Beijing continued to adopt the high-pressure law enforcement momentum since “3?17 New Policy” has been introduced last year to severely crack down on acts that disrupt the order of the leasing market and damage the interests of the people against the recent irregularities in private housing rents and the “black intermediaries” and “second landlords” who are involved in driving up rents, tying up tyrants and manipulating the housing leasing market.

、北京青年报消息，针对近期群众集中反映个别区域房租异常上涨、

“

黑中介

”

及

“

二房东

”

参与哄抬房租、欺行霸市、操纵房屋租赁市场等违法违规现象，

北京市延续去年
“3·17”
新政以来的高压执法势头，严厉打击扰乱租赁市场秩序、损害群众利益的行为。

5. GF Securities stated that the triple “expected difference” implied by the market will be restored in the second quarter. Firstly, economic growth is not pessimistic; secondly, liquidity is returning to neutrality; thirdly, risk appetite for the new economy has faded. Strong performance of leading companies has spread to leading companies in the sub-industry. In 2018, the easing discount rate will favor mid-cap stocks with both "market value factor" and "growth factor". Priority will be given to the deployment of major cycles such as real estate, coal, and brokerages, and strategic allocation will be mass consumption, such as retail sales, food processing, medicine, and the advanced manufacturing, such as machinery and equipment, new energy vehicles, and 5G.

、广发证券表示，展望二季度，市场隐含的三重

“

预期差

”

将得到修复：经济增长并不悲观、流动性回归中性、新经济的风险偏好提升有所消退。

“
以龙为首
”
扩散至细分行业的龙头股，
2018
年贴现率缓和更有利于
“
市值因子
”
和
“
增长因子
”
兼备的中盘股。

优先配置大周期，如地产、煤炭、券商，战略配置大众消费，如商贸零售、食品加工、医药，成长先进制造，如机械设备、新能源汽车、

。

6. According to CCTB News, since mid and late March, Hangzhou, Xi"an, Wuhan and other cities across the country frequently plus yards of property market regulation and control policies and introduce restrictions on purchases, purchase lottery, protection on the must and prevention of reluctant sellers. Experts said that a narrowing of the new and second-hand house prices can reverse the shortage of new houses.

、央广网消息，

月中下旬以来，杭州、西安、武汉等全国多个城市频频加码楼市调控政策，接连出台限购、摇号、保刚需、防止捂盘惜售等政策。专家表示，

一二手房价差缩小才能扭转新房供不应求局面。

7. According to China Fund News, by the end of February, the total size of the monetary funds was 7.8 trillion yuan, making a record high and increasing 426.815 billion yuan and 5.78%compared to that at the end of January. Monetary funds accounted for 61.7% of the total size of all funds, and are at the highest peak in history. Since the money fund"s yield has continued to rise this year and the number of subscriptions is relatively large, it is likely to continue to hit historical highs.

、中国基金报消息，截至

月底，

货币基金总规模为
7.8
万亿元，创历史新高，相较于
1
月底增长
4268.15
亿元，增幅
5.78%
。

货币基金占全部基金总规模的

61.7%

，处于历史最高峰值水平。今年以来货币基金收益率持续上升，申购量较多，很可能继续冲击历史高点。

8. According to Xinhua News Agency, on April 1st, China entered the first levy of environmental protection tax. In the morning of April 1st, financial staff of BASF New Materials Co., Ltd. received the first environmental protection tax stamp from Shanghai Pudong New Area Taxation Bureau staff. This is also China"s first environmental protection tax stamp, marking the smooth implementation of the environmental protection tax in the country.

、新华社消息，

月

日

，我国进入环境保护税首个征期。当天上午，巴斯夫新材料有限公司财务人员从上海浦东新区税务局工作人员手中，接过上海市开出的首张环境保护税税票。

这也是全国首张环境保护税税票，标志着环境保护税在全国顺利实施。

9. China Union-Pay issued an announcement stating that China Union-Pay and Tenpay Technology Co., Ltd. signed a cooperation agreement and officially launched the WeChat payment bar code payment business cooperation.

、中国银联发布公告称，

中国银联与财付通支付科技有限公司签署合作协议，正式开展微信支付条码支付业务合作。

10. According to Cankaoxiaoxi.com, the international law firm Linklaters LLP issued a report stating that despite the rising protectionism, China’s foreign investment may still reach a high level of 2.5 trillion US Dollars in the next 10 years. This means that the total annual foreign investment in China in the next 10 years exceeds the record set in 2016 will be common to see.

、据参考消息网报道，国际律师事务所年利达发布报告指出，尽管保护主义不断抬头，

中国对外投资在未来
10
年依然可能达到
2.5
万亿美元的高水平。

这意味着，未来

年中国年度对外投资总额超过

2016

年创下的纪录将是家常便饭。