CPC Political Bureau's 24th Study Session: Xi Emphasizes Strategic Advancement of Future Industries

Published: Feb 1, 2026 18:40
News on January 31: The Political Bureau of the CPC Central Committee conducted its 24th collective study session on the afternoon of January 30, focusing on the forward-looking layout and development of future industries. While presiding over the session, Xi Jinping, General Secretary of the CPC Central Committee, emphasized that a new round of scientific and technological revolution and industrial transformation is accelerating, with cutting-edge technologies continuously emerging, leading and supporting the rapid rise of future industries. It is essential to adopt a strategic perspective in advancing national rejuvenation and the cause of building a strong country, base efforts on objective conditions, leverage comparative advantages, adhere to the principle of seeking progress while maintaining stability and gradual cultivation, and promote continuous new breakthroughs in the development of China's future industries.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Morning SHFE Aluminum Rose Strongly, Market Premiums Continued to Widen [SMM Spot Aluminum Midday Commentary]
2 hours ago
Morning SHFE Aluminum Rose Strongly, Market Premiums Continued to Widen [SMM Spot Aluminum Midday Commentary]
Read More
Morning SHFE Aluminum Rose Strongly, Market Premiums Continued to Widen [SMM Spot Aluminum Midday Commentary]
Morning SHFE Aluminum Rose Strongly, Market Premiums Continued to Widen [SMM Spot Aluminum Midday Commentary]
2 hours ago
Delivery Logic Dominated the Market, Coupled With a Widening Price Spread Between Futures Contracts; Shanghai Spot Copper Maintained a Premium [SMM Shanghai Spot Copper]
5 hours ago
Delivery Logic Dominated the Market, Coupled With a Widening Price Spread Between Futures Contracts; Shanghai Spot Copper Maintained a Premium [SMM Shanghai Spot Copper]
Read More
Delivery Logic Dominated the Market, Coupled With a Widening Price Spread Between Futures Contracts; Shanghai Spot Copper Maintained a Premium [SMM Shanghai Spot Copper]
Delivery Logic Dominated the Market, Coupled With a Widening Price Spread Between Futures Contracts; Shanghai Spot Copper Maintained a Premium [SMM Shanghai Spot Copper]
[SMM Shanghai Spot Copper] The widening contango price spread between futures contracts for nearby months continued to strengthen suppliers’ willingness to ship to delivery warehouses, further tightening the availability of freely tradable spot copper and providing solid support for spot premiums. Against this backdrop, suppliers showed strong sentiment to hold prices firm during the day, with offers remaining firm. Demand side, downstream buyers maintained just-in-time procurement, providing some support for prices; supply side, although social inventory remained at a high level, more than half of the cargoes had already been converted into warrants, and spot circulation stayed tight. Shanghai added 1,759 mt of warrants yesterday, further intensifying the tightness in freely tradable cargo availability. Overall, under the dominance of delivery logic, Shanghai spot copper premiums are expected to remain in premium territory tomorrow.
5 hours ago
[SHFE Tin Contract Hovered Around 390,000 Amid Tug-of-War Trading, Traditional Consumption Season Performed Slightly Below Expectations] SMM Tin Midday Commentary
5 hours ago
[SHFE Tin Contract Hovered Around 390,000 Amid Tug-of-War Trading, Traditional Consumption Season Performed Slightly Below Expectations] SMM Tin Midday Commentary
Read More
[SHFE Tin Contract Hovered Around 390,000 Amid Tug-of-War Trading, Traditional Consumption Season Performed Slightly Below Expectations] SMM Tin Midday Commentary
[SHFE Tin Contract Hovered Around 390,000 Amid Tug-of-War Trading, Traditional Consumption Season Performed Slightly Below Expectations] SMM Tin Midday Commentary
[SMM Tin Midday Commentary: SHFE Tin Contract Fluctuated Near 390,000, Traditional Consumption Season Performed Slightly Below Expectations]
5 hours ago
News on January 31: The Political Bureau of the CPC Central Committee - Shanghai Metals Market (SMM)