中诚信国际预计，2026 年将继续延续“强监管”态势，专注主业、错位发展，筑牢风险防控屏障，推动银行业高质量发展迈上新台阶；受政策引导、投融资环境变化以及银行经营策略优化等多重因素影响，银行资产规模将保持稳健增长，业务结构将持续优化调整，存款成本持续改善、贷款利率降幅收窄，行业经营表现趋稳，整体信用风险可控。

国内：1）量：25年新型储能新增装机达58.6GW/175.3GWh；2）先导指标：招标：25年12月国内储能招标规模为22.5GW/55.8GWh，容量同/环比+75%/88%。印度：1）量：2025年，储能系统装机0.5GWh；2）先导指标：招标：独储25年招标45GWh，光储项目招标15.2GWh ；3）政策：光伏开启强制配储；4）2025-26财年印度要求并网4GW/17GWh的电化学储能项目，且不能有任何拖延。高ROE市场。量：德国：2025年12月储能装机394MWh，同比-20.4%。其中户储210MWh，同比-26.83%，环比-27.08%，大储159MWh，环比-26.05%，工商业储能25.3MWh。意大利：25Q2储能装机817MW/2728MWh，同比+48%/+75% ；英国：25年Q3累计待建121.76GW，环比Q2增长21.83GW ；捷克：截至2024年底，捷克光伏配 储能总装机超2GWh，2024年储能新增装机共506MWh；波兰：2024年，波兰户储新增装机258MW/672MWh，超4.6万户家庭已经安装储能电池；美国：25年 11月新增并网1132.2MW / 2378MWh，同比+29.7%/-16.9%。

随着《养老金计划法案》（Pension Schemes Bill）进入委员会审查阶段，近日上 议院议员就政府对地方政府养老金计划（Local Government Pension Scheme, LGPS）的干预力度展开了激烈讨论。LGPS 目前管理着近 4,000 亿英镑资产，针对法案中赋予国务卿强制干预资产池整合以及规定顾问名单的权力，多位议员表达了对削弱地方治理独立性的担忧。

募资端：市场呈现结构性回暖，全年新成立基金 5,224 支，同比增 10.54%。浙江、江苏、广东领跑。LP 数量同比降 48.93%，但国资背景占比持续提升，企业投资者以 32.38%的出资占比主导市场。区域分化显著，嘉兴、青岛等市县级区域募资活跃，反映政策引导下 LP 市场向“耐心资本”转型。

Cash Logistics Global Market Competitor Report 2025

Airport Retailing Consumer Electronics Market Global Industry Analysis, Trends, Market Size and Fore

5G Security Global Market Competitor Report 2025

Retail banking refers to the provision of financial services by banks and financial institutions to individual consumers rather than businesses or institutions. It is a critical component of the banking industry, catering to the financial needs of individuals through various deposit, lending and transactional services.

Physical security refers to the protection of people, hardware, software, networks, and data from physical actions and events that could cause serious loss or damage to an organization. This includes protection from intrusions, theft, vandalism, natural disasters, and other physical threats.i The primary purpose of physical security is to safeguard people and physical assets (like buildings, equipment, and data centers) from physical threats such as unauthorized access or entry, theft or burglary, vandalism or sabotage, fire, flood, and other natural disasters, terrorist or violent attacks.ii

The market by value in this report is defined as the revenues that enterprises gain from goods and/or services sold within the specified market and geography.