（原标题：周小川：人与机器的关系发生了巨大变化 |直击外滩年会） AI（人工智能）是在历史上信息处理、IT（信息技术）和自动化基础上的又一次新的、很大的边际变 化。 周小川表示，AI对货币政策的影响，可能还需要更长时间地观察和研究。国际清算银行（BIS）曾在一 次会议上专门讨论过AI相关模型是否对货币政策产生影响。当时讨论的最终结论是，这种影响尚不明 显。一方面，AI可以在物价和微观行为的数据收集、处理、模式识别和推理方面影响货币政策决定。 但另一方面，货币政策基本上是慢变量，它随经济周期或经济变化而调整，而这个变化不会太快。 周小川同时提到，金融市场的反应，尤其是金融不稳定风险的发生，一般来得非常迅速。是否可以从历 史上的金融稳定数据、金融机构健康性变化中，通过机器学习和深度学习，推理预知金融不稳定的出 现，会是一个很重要的方向。 周小川提醒道，如果AI模型大量运用短期高频数据，学习结果很可能也是高频、短期、技术性的，可 能与金融稳健和宏观调控所需要的面向基础面、长期稳定性的要求不一致。这个问题需要认真对待和解 决。 周小川表示，在此基础之上，现在又出现了AI。过去，金融系统积累了海量数据，这些数据可用于机 ...

Core Viewpoint - Dongguan Trust Co., Ltd. has successfully increased its registered capital from approximately 2.065 billion RMB to about 2.22 billion RMB, as approved by the Dongguan Financial Regulatory Bureau [1] Group 1: Company Background - Dongguan Trust was established in 1987 and is a wholly state-owned enterprise under the Dongguan municipal government, headquartered in Songshan Lake, Dongguan [1] - The company was originally named Dongguan Financial Development Company and was renamed Dongguan Trust in 2007 [1] Group 2: Capital Changes - In 2001, the registered capital was increased to 500 million RMB, with the number of shareholders rising to seven [2] - The registered capital was raised from 500 million RMB to 1.2 billion RMB in 2013 [2] - In 2018, the registered capital increased from 1.2 billion RMB to 1.45 billion RMB [3] - In December 2022, the registered capital was further raised from 1.45 billion RMB to 1.656 billion RMB [4] - The registered capital was approved to change to 2.065 billion RMB after a year and a half [5] Group 3: Asset Management - As of the end of 2024, Dongguan Trust manages a total trust asset scale of 89.263 billion RMB, with cumulative returns for investors reaching 25.763 billion RMB over the past eight years [5]

Core Insights - The article highlights the challenges faced by real estate agents in first-tier cities, particularly in light of declining transaction volumes and income instability, leading many to seek additional income through part-time jobs like food delivery [2][3][11]. Group 1: Real Estate Industry Challenges - The income of real estate agents has significantly decreased due to a slowdown in property transactions, with some agents experiencing a drop in earnings by about 50% compared to two years ago [11][12]. - The market has become increasingly competitive, with larger agencies capturing market share from smaller firms, resulting in a disparity in income among agents [11][12]. - The current economic environment has made it difficult for agents to achieve high sales volumes, with some offices struggling to complete even one transaction per month [9][12]. Group 2: Part-Time Work as a Solution - Many real estate agents, like Zhang Biao, have turned to part-time jobs such as food delivery to supplement their income, finding it a more stable source of earnings during slow periods in real estate [3][4][10]. - The flexibility of food delivery allows agents to work around their real estate commitments, with some agents reporting monthly earnings of around 3,000 to 4,000 yuan from part-time delivery work [5][6]. - The experience of working as a delivery rider has provided agents with additional skills and insights, although it is viewed as a temporary solution rather than a long-term career path [10][12]. Group 3: Future Outlook for Real Estate Agents - Despite the current downturn, there are opportunities for agents to adapt by embracing technology, such as AI for property matching and virtual viewings, which could enhance their efficiency and marketability [12]. - Younger agents or those willing to transition to new industries may find better opportunities in emerging sectors, although this comes with the risk of starting over [12].

Core Insights - The report indicates that the health insurance coverage rate has reached 77.51%, but the "matching degree" of the coverage needs improvement [1][2] Group 1: Health Insurance Coverage - The basic medical insurance participation rate is stable at 95.85%, with 72.73% participating in employee basic medical insurance and 18.79% in urban and rural resident basic medical insurance [1] - 77.51% of respondents hold at least one type of commercial health insurance, primarily medical insurance (45.38%) and critical illness insurance (41.24%) [2] Group 2: Health Status and Insurance - The self-reported health level of those purchasing "惠民保" (a type of urban customized commercial medical insurance) is lower (mean 3.81) compared to those with critical illness insurance (mean 4.02) and medical insurance (mean 3.96) [2] - The chronic disease prevalence among "惠民保" purchasers is 45.49%, significantly higher than those with critical illness (26.33%) and medical insurance (30.93%) [2] Group 3: Insurance Matching Degree - Despite high health insurance coverage, the report notes a low score for the "matching degree" of coverage, indicating a mismatch between premium spending and actual income and risk needs [2] - The report suggests a shift in the insurance industry from providing standardized products to offering dynamic coverage plans that align with users' income levels, family structures, and health statuses [2] Group 4: Health Insurance Protection Index - The health insurance protection index for 2024 is calculated at 0.6241, indicating a well-established basic network for national health protection [3] - The highest protection score is observed in the 36-40 age group (0.6416), while younger individuals (under 25) and older adults (over 50) show lower scores, highlighting opportunities for market refinement and product innovation [3] Group 5: Occupational and Marital Status Impact - There are structural differences in health insurance protection levels across occupational groups, with civil servants scoring the highest (0.6424) [3] - Married individuals have the highest protection score (0.6356), while unmarried individuals score slightly lower (0.6024), and those who are divorced or widowed score even lower [4] Group 6: Future Directions - The industry is expected to transition from "having protection" to "enjoying precise and secure services," focusing on product design precision and health service ecosystem development [4] - Insurance institutions are encouraged to leverage technology and data to develop more adaptable products for different life stages and risk profiles, while also integrating health management services [4]

Core Viewpoint - Jianmin Group reported a decline in both revenue and net profit for the first three quarters of 2025, indicating challenges in its business operations [1] Financial Performance - For the first three quarters of 2025, the company's operating revenue was 2.55 billion yuan, a year-on-year decrease of 11.4% [1] - The net profit attributable to shareholders was 286 million yuan, down 11.16% year-on-year [1] - The net profit excluding non-recurring items was 256 million yuan, reflecting a decline of 5.58% year-on-year [1] Quarterly Breakdown - In the third quarter, the operating revenue was 747 million yuan, showing a year-on-year decrease of 14.3% [1] - The net profit attributable to shareholders for the third quarter was 65.11 million yuan, down 20.8% year-on-year [1] - The net profit excluding non-recurring items for the third quarter was 60.22 million yuan, a decline of 21.3% year-on-year [1] Segment Analysis - From the beginning of the year to the reporting period, the company's operating revenue decreased by 11.43%, with the pharmaceutical manufacturing segment experiencing a growth of 19.67% due to increased revenue from leading and new products [1] - Conversely, the pharmaceutical commercial segment saw a significant decline in revenue by 36.91%, attributed to the company's ongoing optimization of its commercial subsidiaries' business structure and the gradual reduction of low-margin and inefficient operations [1]

（原标题：严≠凶，爸爸妈妈要"严"不要"凶"，三个方法教你严而不凶） "严"，是规矩分明，是界限清晰。 它如同一位严谨的导航员，为孩子设定明确的前行方向与行为准 则。严父严母，会在原则问题上坚定立场，不允许的，绝不妥协。但这种坚定，是建立在说理、耐心和 一贯性之上的。他们让孩子明白"为什么不可以"，而不是仅仅屈服于"爸爸/妈妈很可怕"。这种"严"，培 养的是孩子的自律、敬畏和责任感，内核是理智的引导和温暖的期待。 因此，我们要清醒地认识到：严是方法，凶是情绪。 父母之"严"，应严于律己，为孩子率先垂范；应 严在规矩，为孩子构筑成长的坚实框架。而面对孩子时，我们需要的是一张能够平和沟通的脸，一颗能 够理解包容的心。 请记住，最有力量的教育，从来不是声嘶力竭的恐吓，而是和风细雨中那份不容置疑的原则。让我们努 力成为这样的父母：态度是温和的，底线是坚硬的；爱是充沛的，要求是明确的。放下"凶"的面具，拾 起"严"的智慧，这才是给孩子最好的成长礼物。 本文转载自公众号"暖妈育儿方" "凶"，则是情绪宣泄，是态度粗暴。 它像一场突如其来的雷暴，用高分贝的怒吼、尖锐的指责和威胁 性的表情，瞬间摧毁孩子的安全感。"凶"或许能 ...

Core Viewpoint - Excessive use of social media among adolescents may harm their brain development and cognitive abilities, as highlighted by a recent study tracking over 6,500 American youths aged 9 to 13, revealing lower scores in language comprehension and memory tests for those with high social media usage [1] Group 1: Impact of Social Media on Adolescents - High-frequency social media users show significantly poorer cognitive performance compared to those who use it less frequently [1] - The brightness of mobile screens may contribute to cognitive fatigue, indicating a potential link between screen time and mental exhaustion [1] Group 2: Need for Multi-Stakeholder Approach - Addressing adolescent social media addiction requires a collaborative effort from platforms, schools, and parents [2] - Social media platforms should implement boundaries, control content recommendations, and utilize AI to monitor adolescent usage [2] - Schools need to prioritize digital literacy education, teaching children to identify misinformation and understand algorithm mechanisms [2] Group 3: Family Influence and Screen Culture - Parents should model healthy screen habits and collaboratively create usage plans with their children, rather than simply imposing restrictions [2] - Family screen culture significantly influences children's social media habits, with many parents resorting to giving children devices as a quick fix [2] Group 4: Fostering Real-World Connections - To combat excessive social media use, society must help adolescents build strong real-world relationships through family interactions, school activities, and sports [3] - Real-life connections serve as crucial support for emotional regulation and mental health, reducing the allure of virtual interactions [3] Group 5: Strategies for Healthy Social Media Use - Establish fixed times for social media use to prevent mindless scrolling, such as allowing half an hour after dinner [4] - Encourage creative expression on social media rather than passive consumption, helping adolescents learn to articulate their views and skills [4] - Cultivating a reading habit can help adolescents navigate the digital landscape more effectively, allowing them to make informed choices about technology use [5]

Core Viewpoint - The article highlights the life and contributions of Lü Dalin, a pioneering figure in Chinese archaeology, who created the first systematic catalog of ancient artifacts, "Kao Gu Tu," despite facing the irony of his own tomb being looted centuries later [1][22]. Group 1: Background and Education - Lü Dalin was born into a prominent family in the Northern Song dynasty, known for its scholarly achievements, with several family members holding significant political and cultural positions [2][3]. - He was influenced by the academic thoughts of his time, particularly the "Qi Ben Lun" of the Guanzhong school, which emphasized practical knowledge over theoretical discussions [2][3]. Group 2: Contributions to Archaeology - Lü Dalin's work "Kao Gu Tu" was completed in 1092 and included 234 artifacts, meticulously documenting their shapes, inscriptions, and historical significance, establishing a rigorous academic standard for artifact cataloging [9][10]. - The book was innovative in its classification system, organizing artifacts by their uses, which influenced future scholars and remains relevant in modern studies [10][11]. Group 3: Methodology and Techniques - Lü Dalin developed six distinct drawing methods to accurately represent artifacts, including central projection and isometric projection, which allowed for a comprehensive visual understanding of the objects [12][19]. - His approach to documenting artifacts involved detailed descriptions of dimensions, inscriptions, and historical context, providing a reliable reference for future scholars [11][12]. Group 4: Personal Legacy and Irony - Despite his efforts to protect his own tomb with advanced designs, Lü Dalin's burial site was ultimately looted in a modern theft, highlighting the tragic irony of his life dedicated to preserving history [21][22]. - The article reflects on how Lü Dalin's contributions to archaeology and his vision for understanding ancient artifacts continue to resonate, even as his own legacy faced destruction [22].

Core Viewpoint - Hubei Province has introduced measures to stimulate the vitality of innovation entities, focusing on the transformation of scientific and technological achievements from universities [1] Group 1: Measures for Promoting Technology Transfer - The measures include 17 specific actions aimed at enhancing the quality of technological achievements and optimizing the ecosystem for technology transfer [1] - Key initiatives involve strengthening collaborative technology development, cultivating high-value patents, and reforming income distribution to increase knowledge value [1] Group 2: Systematic Reforms - Hubei will implement reforms in the management of scientific achievements, including the empowerment of job-related technological achievements and separate asset management [1] - The province aims to establish favorable pricing methods for technology transfer and improve incentive mechanisms for universities [1] Group 3: Support for Innovation and Entrepreneurship - The establishment of a 1 billion yuan direct investment fund for university technology transfer is part of the measures [1] - Hubei will enhance the organization of technology roadshows and innovation competitions, and provide incentives for technology managers involved in the transfer process [1]

Group 1 - The 2025 China Industrial AI Conference will be held in Hangzhou, Zhejiang from October 23 to 24, focusing on "AI Empowerment, Industrial Rebirth" and gathering top experts and industry leaders to discuss advancements in industrial AI technology and practical applications [1] - The 2025 International Energy Transformation Forum will take place from October 23 to 25, with the theme "Ten Years Hand in Hand for Energy Transformation Innovation Leading a Green Future," covering topics such as international cooperation in new energy technology and the construction of a green low-carbon energy transition model [2] - The 2025 China International Mining Conference will be held from October 23 to 25, covering over 50,000 square meters with nearly 500 domestic and international exhibitors from 27 countries [3] Group 2 - On October 23, a total of 8 companies will have their restricted shares unlocked, with a total unlock volume of 92.45 million shares, amounting to a market value of 484 million yuan at the latest closing price [4] - Three companies have over 10 million shares unlocked, with Meili Ecology, Aotegia, and Ruankong Co. leading in unlock volume at 48.84 million, 21.96 million, and 18.25 million shares respectively [4] - Eleven companies disclosed stock repurchase progress on October 23, with one company proposing a repurchase exceeding 10 million yuan, and three companies completing their repurchase plans [5]