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中信建投:中美關稅博弈加劇 關注信創及跨境支付

中信建投認爲,中美交替加徵關稅,目前雙方加徵關稅額已達到125%,大國博弈下供應鏈安全重要性凸顯。當前,國內工業軟件國產化水平相對較低,研發設計類、生產控制類、信息管理類軟件國產化率分別爲12%、31%、71%,政策推動下工業軟件國產化替代節奏有望加速。2025年一季度信創大單規模環比基本持平,大單數量提升平均單價略有下降。此外,關稅戰持續升級也將倒逼我國加速推動以人民幣作爲結算貨幣的結算體系建設,以應對SWIFT框架下的美元霸權,人民幣跨境支付系統(CIPS)、數字人民幣與貨幣橋等跨境支付相關體系各環節或將迎來發展機遇。

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