4月17日，国家统计局公布一季度国民经济主要数据：GDP同比下降6.8%，三大产业增加值均有所下滑。市场最后的不确定性落地后，我国经济发展的韧性与潜力在今年剩下的8个月当中仍然值得期待。tongshi，zhengfubuduanshifanglihao，tongguocaishui、xindai、tudidengzuheshouduanbangzhuqiyehuifuhuoli。

来自政策层面的引导与扶持，为常态化疫情防控阶段的经济社会运行企稳、生产生活秩序恢复打下有利基础。而从全面发展目标来看，确保实现决胜全面建成小康社会、决战脱贫攻坚的目标任务，仍需企业担当主要角色，以市场化方式实现可持续增长。jinqigaocenghuiyipinpintijide“xinjijian”，haowuyiwenchengweishichanggefangguanzhudejiaodian。

4月22日，围绕后疫情时期的“新基建”——5G通信、软件研发、数字金融等前沿领域发展，上海报业集团 | 界面新闻举办了【界面会客厅：资本沙龙】第1期线上直播。yihanzhikudongshi、shouxifenxishizhanghuadongboshi，qitiankeji（300061.sz）dongshihuimishudaiyongbin，dingjieruanjian（300378.sz）dongshi/zishenfuzongcailiubo，mengwangjituan（002123.sz）fuzongcai、dongshihuimishuzhuwenwenzuokezhibojian，tongguoyuanchenglianxianduihua，jiuxinlaojijianronghefazhan、shangshigongsizengzhangtaishidenghuatizhankaitaolun。

 

疫情后时代，新老基建合力激发经济增长新动能

4yue17ridezhongyanggaocenghuiyitichu，yaojijikuodayouxiaotouzi，shishilaojiuxiaoqugaizao，jiaqiangchuantongjichusheshihexinxingjichusheshitouzi，cujinchuantongchanyegaizaoshengji，kuodazhanlvexingxinxingchanyetouzi。duici，yihanzhikudongshi、shouxifenxishizhanghuadongboshizuochufenxi，yijidujingjishehuishouyiqingyingxiangjiaoda，erladongjingjizengzhangdesanjiamachetongshifanghuan，dankaochuantongjijiantizhenxiaoguobujia，tongshipenggaizhouqiyeyijinruweisheng。yinci，jingjizengzhangjixuxunzhaoxindezengzhangdian，zaicibeijingxiaxinjijianyingshiersheng。

tazhichu，zai“fangzhubuchao”dajidiaohezhangxiaojizhidiaokongxia，dangqianfangdichanshichanggongjiduanzhengceyihuifuqiyejingyingweizhu，xuqiuduanzhengceshifangweimuzaidiaokongdixianyueshuxiazeshangweilakai。erzhufangzuoweijudadexiaofeiyinqing，zaishequyingyong、guidaojiaotong、zhihuihulian、lvsejienengdengxinchangjingzhongyouwangyuxinjijianshixianronghehubu，chengwei5gjijian、tegaoya、gaotieguijiao、gongyehulianwang、dashuju、xinnengyuanchongdianzhuangdezuijialuodichangjing。xinlaojijianderonghetuijin，kejiangutouziguimoyutouzizhiliang，zaijingjihuifuzengzhangzhongdiaojiejiegouwenti。tatongshijianyi，tongguojiadazhichixinjijianzhuanxiangzhaiedu、zhengcexingyinxingdaikuanedu、gengjiakuansongdecaishuizhengceyutudizhengce，zaizhengcecengmianyindaoxinlaojijianronghefazhan。

 

圆桌对话：“新基建”助力上市公司新增长与韧性发展

4yue21ri，guojiafagaiweishoucidui“xinjijian”zuochumingquedingyi：yixinfazhanlinianweiyinling，yijishuchuangxinweiqudong，yixinxiwangluoweijichu，mianxianggaozhiliangfazhanxuyao，tigongshuzizhuanxing、zhinengshengji、ronghechuangxindengfuwudejichusheshitixi。shangshigongsizuoweigexingyezhongjiaojiaozhe，yongbaoxinlinian、xinjishu、xinfangxiang，jishiqidangrenburangzhilingjunzeren，yeshiqibaochichuangxinqudongzhigenbendongli。

本场圆桌由张化东博士主持，对话新基建领域代表性上市公司——旗天科技（300061.SZ）董事会秘书戴勇斌，鼎捷软件（300378.SZ）董事/资深副总裁刘波，梦网集团（002123.SZ）副总裁、董事会秘书朱雯雯三位上市公司高管，就5G通信、软件研发、数字金融服务等前沿行业动向，展望后疫情时代的上市公司增长新机遇。

上市公司未来如何增强对突发公共事件的防御性？

benlunyiqing，jishiduishehuiminshengdeyicikaoyan，tongshiyeshiduishichangyuqiyedeyiciyaliceshi。jinguanshangshigongsijiuguimoyushilieryanlingxianyuxingye，danyiranbukebimianshoudaowaibujingmaohuanjingchongji。congyijibaoyugaoqingkuangkan，yiqingduiyejideyingxiangzhengzhubuxianlu。shangshigongsidefazhanrenxing、weijiyingduinengliyeshitouzizhepoweiguanzhudewenti。

duici，mengwangjituanfuzongcai、dongshihuimishuzhuwenwenbiaoshi，gonggongshijianyinouran、tufaerbukekongxingjiaoqiang，jiumengwangjituanjingyaneryan，zaiweijishijianzhongchongfen、zhengquelinghuixiangguanzhengcejingshenyouzhuyukuaisu、youxiaoyingdui。benciyiqingqijian，yituoyuntongxinyuxianshangjishu，mengwangweishangwanjiaqiyetigonglesaasfuwu。yinci，tajianyiqiyeyingdangjinkuaitongguoshuzijishutigaoxiandaihuazhilinengli，shixianzhihuiguankong。

dingjieruanjiandongshi/zishenfuzongcailiuborenwei，ciciyiqingduigexinggeyechanshengshenyuanyingxiang，tongshiyejileqiyesikaoyufansidejihui。zaiqiyekuaisufazhanyushichangkuozhangzhiwai，haiyingguanzhuqiyedehexinjingzhengnengli，zengqiangfuwuyuchanpindebuketidaixing。tongshi，qiyejuececenghaiyingdangjinyibuzengqiangqianzhanyishiyufengkongnengli，tiqianjianliweijiyuan。

qitiankejidongshihuimishudaiyongbinjiangshangshigongsizaitufaweijizhongdeyingduinengli，xingxiangdebiyuweizhongyililunzhongde“zhengqi”。tarenwei，shangshigongsizhi“zhengqi”，zhuyaoqujueyuqingxidezhanlvedingwei、quanjuxingdefazhanchouhua、helidechanpinjiegouyuyewubuju、kexuedeqiyezhilijizhi，yijinijingzhongdechuangxinnengli。ciwai，guanzhuqiyezhangqiliyi、yuangongliyi、shehuizeren，tongyangnenggoubangzhuqiyezoudegengjiazhangyuan。

如何看待“新基建”对上市公司所在行业的长期影响？

tielu、gonglu、jichangdengchuantongjijiandiandinglezhongguogaigekaifang、rongrushijiechanyeliandezhongyaohubuyoushijichu，er“xinjijian”zeshizhongguomianxiangweilaishinian，shixiangaozhiliangfazhanyuchuangxinqudongdejichuxingyaosu。zai“xinjijian”langchaozhong，“xinjijian”duishangshigongsixianyouzhuyedouyounaxieyingxiang？

戴勇斌认为，新基建行业普遍具有技术门槛高、初始投入金额较大、投资建设周期较长等特点。在数字科技催化下，银行业日渐认识到发展数字化服务的重要性。尤其是疫情影响下，线上展业已成为金融机构的标配，数字金融在一定程度上代表了整个金融行业未来的变革方向。

tatongshizhichu，xinjijiandabeijingxia，shuzihua、zhinenghuajiangchengweixindeshengchanlihefazhanfangxiang。deyiyuxiaofei、shuzishangpinjizongheyingxiaojiejuefanganfangmiandezhangqijilei，qitiankejidangqianzhuyingyewuyituoyushuzikeji，nenggougenghaodefuwuyujinrongjigou，manzuqihuoke、yingxiao、fuwuhefengkongdengyewufazhanxuqiu，weilaiyouwangchuangzaogengduoxietongyuguantongxiaoying。

liubobiaoshi，weilaigexingyehuodeshujudefangshiyugongju，qiyeshujudeyingyongchangjingyuxuqiu，doujiangchanshengdianfuxingbianhua。zheizhongqushibirandailaijudatiaozhan，wulunzhongduanqiyehaishito bxingqiye，doubixucongneibutuidonggemingxinggaibian，yishiyingxingyedashi。

另一方面，中国制造业借助“新基建”契机，毫无疑问将极大催化数字化进程，有望实现国际范围的弯道超车。对于企业数字服务与工业软件行业而言，意味着一个不可估量的机遇窗口。taqiangdiao，dingjieruanjianjiangjiehebentuyoushiyuguojijingzhengtishengchanpinjiazhi，fuwuhaozhongguoqiyecanyuquanqiuhua、zhinengzhizaoyugongyehulianwanglangchao。

朱雯雯认为，从产业链角度看，上游硬件厂商、中游平台技术厂商以及下游服务应用厂商都将迎来新的发展契机。作为梦网集团全力推进的5G消息业务，堪称行业价值与流量的“双万亿”市场。她指出，5G消息在人机交互、身份认证、获客渠道等方面拥有巨大潜力，有望改变未来移动终端的使用习惯。

tahaiqiangdiao，5gxiaoxipingjiefumeititongxuntexing，zaibaochibianjiechudadetongshi，younenggouweiyonghudailaiappjidefengfugongneng，jiangdafutishengqiye、shangjia、yonghuzhijiandegoutongtiyan，shixianshuangxianghudongyuzhinenghuachangjingfuwu。

上市公司如何平衡业绩增长与新兴领域投资？

ruguoshuoyejihengliangleshangshigongsiguoqujidangxiadetouzihuibaoshuiping，touzizejuedingleqiyezhangqideguzhitishengyuzengzhangkongjian。tongshi，xingyeshoujingjizhouqi、jishugemingdengyinsuyingxiang，bukebimianchuxianxingshuaijiaoti。zaigongguzhuyejibenpandeqiantixia，helibujuxinsaidao，yeshishangshigongsiguanlicengdezhongyaoshiming。

liuborenwei，shangshigongsizuoweigongzhongqiye，bukehushichixuwendingdejingyingyukeyuqidetouzizhehuibao。congtouzijueceeryan，dingjieruanjianzhuyaokaolvchanyegongyinglianshangxiayouguanliandu、jishudepipeidu，yijisuofuwukehuxuqiudetongyuanxing。

zhuwenwenzhichu，muqianguoneiyuntongxinshichangrengchuyukuaisuzengzhangjieduan，yincimengwangjituanjujiaoyuchanyeshenduyuyunyingnenglidehangshi，touzizezhuyaokaolvxifenlingyuchengzhangxing、shichangxuqiu，yijixianyouziyuandekedaoruxing，yicishixianzhuyedeguimohuakuozhang，goujianchanyebihuan。

daiyongbinqiangdiao，yejishixiantianzhiben，fazhanyuchuangxinshihoutianzhiben，erzhebianzhengtongyi、queyibuke。jiyaozuohaodangxiazhizhuye，baqiyeshanzhangdelingyuzuodaojizhi；tongshiyeyingzheyanweilai，jiezhuxindefazhanjiyuxunqiuzhuanxingtupo。

 

zuoweiguoneilingxian、jubeiquanweishuxingdeyuanchuangcaijingxinmeiti，jiemianxinwenyoushanghaibaoyejituanzhuban，zaizhongguogedachengshidoushirenqunzhongjuyoujudayingxiangli，zhangqizhiliyuweichanjingjiehuijugefangziyuanyuguandianpengzhuang。benqi【jiemianhuiketing】tongshizaijiemianxinwenapp、yiketalks，weihou，yunxizhibopingtaitongbubochu，yinfaquanwangguankanrechaoyuguangfantaolun，bingdedaozibenshichangyuzhongduoshangshigongsidaibiaoguanzhu。

zaiyiqingchangtaihuaguankong、quanmianfugongfuchandabeijingxia，【jiemianhuiketing】jiangtongguochixuxingdechanjingredianyitishezhi、xianshangxianxialiandong、kuajieguandianpengzhuang，weixuejie、yejieyuzibenshichangchuangzaogaoxiaojiaoliupingtai。huanyingguanzhuweixingongzhonghao“jiemianhui”，chixujieshoujiemianxinwenguanfangpinpaihuodongzixun。

huanyingyitigoutongyuhuiyihezuo

chengxiansheng，18201982043，chengpeng@jiemian.com