截止2020 年5 月22 日，较2020 年5 月15 日，上证综指和沪深300 分别下跌1.91%和2.27%。本周新能源车、锂电池、电力设备、光伏、风电、核电分别下跌4.75%、3.89%、4.42%、4.29%、1.92%、1.65%。本周领涨股有东北电气（20.7%）、蓝海华腾（12.4%）、湘电股份（11.4%）、福斯特（9.9%）、万里股份（9.6%）等。

繼2019年5~9月起國內上市櫃半導體封裝及測試業者合併營收月增率開始轉為正數態勢之後，10~12月則呈現震盪走勢。其中2019年10~11月國內上市櫃半導體封裝及測試業者合併營收月增率轉為負數態勢，主要係因華為先前連續拉貨，內部晶片庫存水準需要進行重新檢視，而2019年12月廠商總計合併營收較11月上揚1.76%，推升動能主要來自於高階封測、LCD驅動IC封測、記憶體封測、晶圓偵測等族群。

混合所有制改革有利于当前环保企业发展。受“去杠杆”，融资环境恶化、PPP 项目清库存等因素的影响，18 年环保行业遭遇寒冬。此后多家企业如东方园林、碧水源、国祯环保等开始引入国资，并取得了一些成效。我们认为引入国资对环保企业主要有两方面作用：1）降低融资门槛和融资成本。2）部分企业与国企合作可以降低企业的投资性支出，并与国企合作形成业务层面的共振。如果有相关政策出台鼓励国资进入民营环保企业并与其进行合作，会对当前环保行业的发展起推动作用。

面對全球手機市場需求持續疲弱，加上系統級封裝 ( 、扇出型封裝 (Fan Out WLP) 比重持續提升，使得手機用 BT 載板的出貨難以明顯拉升，但隨著各國電信商陸續投入 5G 商轉，帶動 5G 基地台等基礎建設需求逐步攀升，日本廠商除持續投入伺服器、網通設備等非手機應用領域的拓展外，更逐步將類載板產能移做 ABF 載板的生產，帶動 2019 年日本 IC 載板全年產值仍持續呈現微幅成長的態勢。

据中国能源报报道，国资委发布《关于印发中央企业煤电资源区域整合第一批试点首批划转企业名单的通知》，五大发电集团（华能、大唐、华电、国电投、国能投）将在西北五省（甘肃、陕西、新疆、青海、宁夏）开展第一批试点。

本监测报告内容覆盖智能制造装备总体产业，包括智能测控装置、关键基础零部件、智能化高端装备和重大集成智能装备等智能制造装备的细分产业；以关键制造环节的智能化为核心，以端到端数据流为基础，和以网通互联为支撑。包括智能产品、智能生产、智能工厂、智能物流、各类智能机器人等。

Carpets are textile floor coverings used for improving aesthetics of the floor space. Carpets consist of an upper layer of pile with a backing attached to it. The synthetic fibers such as polypropylene, nylon, or polyester are widely used for the construction of upper layer (pile). Carpets are available in a plethora of shape, size, patterns, textures and materials. The report scope includes carpet made up of Nylon, Olefin, Polyester, and Others which includes jute, wool coconut fiber etc. By end user the carpet market is studied across residential and commercial segment. The report excludes rugs and other flooring coverings.

Domestic players have leading positions in the paper manufacturing sector. Most of the companies are controlled by private capital and some are traded on a regulated market. In order to increase their market competitiveness, these companies have to optimise their input costs. This includes to generate their own electricity and import low-cost raw materials. The Chinese paper manufacturing sector has high entry barriers, because the major players on the market rely on economies of scale, which makes the companies’ capital outlays and fixed costs high. The Chinese government policy also contributes to high entry barriers, with the rising level of regulation related to climate change and energy efficiency, affecting the paper and paperboard production.

China’s natural gas output fall short of meeting the government’s ambitious aim to gradually replace coal with natural gas and reduce air pollution. The country’s heavy reliance on gas imports exposes its supply–demand balance to risks, which can lead to volatile gas prices. For example, when the demand for gas peaked in November 2017, the LNG price rocketed to a record high of RMB 7,000 per tonne. Therefore, China needs to urgently develop gas storage facilities to buffer the impact of demand peak. Despite holding vast reserves of unconventional gas with up to 124.67 bcm of newly discovered shale gas in 2018, producers must contend with China’s complex topography and the remote locations of its resources, which results in higher prices and longer time required for drilling.

2020年1-2月，医药行业主要运行指标呈现以下特点：一是行业固定资产投资增速呈现断崖式下滑，投资额同比下降22.1%；二是医药行业工业增加值同比下降12.3%；三是行业零售额增速放缓，同比增长为0.2%；四是医药行业营业收入增速和利润增速均出现较大幅度下降，营业务收入和利润总额同比分别下降8.6%和10.9%。