Core Viewpoint - The enthusiasm for learning in children is deeply rooted in the family atmosphere and interaction patterns, rather than being instilled through reasoning or external pressure [1] Group 1: Parenting Styles - **Controlling Families**: Parents impose their expectations on children, leading to a loss of autonomy and intrinsic motivation. Children may comply temporarily but often rebel or feel inadequate when faced with academic challenges [2] - **Permissive Families**: These parents neglect their children's academic needs, leading to feelings of being undervalued and a lack of motivation. Children may struggle with self-discipline and time management due to the absence of guidance [3][4] - **Anxious Families**: Parents project their fears onto their children, creating an environment of heightened anxiety. This can lead to children developing a fear of failure and a negative mindset towards learning [5][6] Group 2: Nurturing Learning Motivation - The essence of children's learning motivation is an internal desire to succeed, which needs to be protected from external control, neglect, and anxiety. A supportive family environment fosters this motivation [7] - An ideal family model is one that is "gentle yet firm," allowing children to have autonomy while also providing clear boundaries and emotional support. This balance helps children feel valued and capable of achieving their goals [8]

Core Viewpoint - The "Broadcasting 21 Measures" introduced by the National Radio and Television Administration aims to revitalize the long drama market by lifting restrictions and fostering competition, addressing the significant decline in television drama production from 429 in 2014 to 115 in 2024 [2][8]. Policy Changes and Market Impact - The cancellation of the 40-episode limit is a significant change, allowing creators to maintain narrative integrity and explore complex storylines, as evidenced by the higher user retention rates of seasonal dramas compared to traditional series [3][4]. - The new policy allows for flexible adjustments in the airing of historical dramas based on audience demographics, reducing investment risks for producers and promoting high-quality historical content [3][4]. - The introduction of a "simultaneous review" mechanism is expected to shorten the average review cycle by over 40%, enabling quicker adaptations to audience feedback and reducing costs associated with post-production modifications [4]. Commercialization and Advertising - The reintroduction of mid-episode advertisements is reshaping the profitability of dramas, allowing for creative integration of ads and helping broadcasters offset rising acquisition costs [5]. - The "one drama, multiple stars" policy facilitates collaborative purchasing among broadcasters, reducing costs and increasing the reach of quality dramas to wider audiences [5]. Competitive Landscape and Challenges - The allowance for micro-short dramas to air on television introduces new competition, compelling long drama creators to enhance content quality and engagement to retain viewer interest [6]. - The relaxation of restrictions on importing foreign programs pushes domestic productions to elevate their standards, with leading companies adjusting their production quality to compete globally [7]. Content Creation Philosophy - The "Broadcasting 21 Measures" signifies a shift in the relationship between government and market forces in content production, emphasizing the importance of artistic integrity and audience engagement in the face of technological advancements [8].

（原标题：毕马威报告：支持房地产市场止跌回稳，仍是今年经济工作重心） 毕马威中国最新发布的2025年三季度《中国经济观察》报告（以下简称"报告"）显示，下一阶段经济运 行需要关注三方面问题：一是物价低位运行，将对下一阶段内需的修复带来挑战；二是房地产仍处于修 复阶段，今年4月以来，房地产修复进程再度出现波折；三是下半年出口或将走弱，全球经济增速放 缓，叠加美国正在设定新一轮的贸易协定，将对开拓新市场带来潜在负面影响。 报告认为，在新一轮政策性金融工具的支持下，基建投资有望企稳回升。房地产方面，将进一步因城施 策释放居民住房需求，并可能提高增量资金对房地产收储、城中村和危旧房改造等领域的支持，房地产 投资动能或将在下半年阶段性企稳。 从资金层面来看，报告预计，下半年的基建投资将有三类资金来源，一是尚待发行的增量政府债券。据 财政部披露，上半年已下达超长期特别国债资金预算6,583亿元，其中"两新"3,350亿元，"两重"为3,233 亿元，下半年还剩4,767亿元可继续推进。二是前期发行尚未使用的国债、一般债资金，上半年发行尚 未形成支出的额度在0.4万亿元，这部分资金也有望在三季度加速投放。三是关注政策性金融 ...

Core Viewpoint - The launch of "Delta Operation" on console platforms marks a significant step for Tencent Games in expanding its presence in the console gaming market, which has historically been less penetrated by Chinese companies [4][6][19]. Group 1: Game Overview - "Delta Operation" is the first domestically developed service-type game for console platforms, developed by Tencent Games [4]. - The game achieved an average daily active user (DAU) count of over 20 million within a year of its mobile and PC launch, ranking among the top five in the industry [4][9]. - The game features a comprehensive layout with multiple maps, characters, and customizable weapons, showcasing high-quality 3A game standards [8]. Group 2: Market Context - The global console gaming market exceeds $42 billion, with service-type games becoming a new growth driver [6][15]. - In 2024, console games are projected to account for 28% of the global gaming market revenue, with shooting games representing 16% of console game revenue [15]. - The shift from traditional buyout games to service-type games is evident, with approximately 20% of the market now occupied by non-buyout games [15][20]. Group 3: Strategic Implications - Tencent's entry into the console market with "Delta Operation" reflects its commitment to expanding its market share and adapting to new industry trends [6][19]. - The game’s cross-platform capabilities allow for player matching between PC and console users, enhancing user engagement and growth potential [16][20]. - The success of "Delta Operation" could pave the way for other Chinese companies to explore the console gaming market, which remains largely untapped domestically [19].

Core Viewpoint - The article highlights the daily challenges faced by a county finance bureau director, emphasizing the structural pressures on county-level finances in China, particularly in the context of increasing expenditure responsibilities and limited resources [4][5][11]. Group 1: Daily Operations and Responsibilities - The finance bureau director, referred to as Li Ge, begins his day managing numerous requests for funding from local state-owned enterprises and parallel units [2][3]. - A significant portion of Li Ge's work involves securing funds and managing debt, with only a small fraction dedicated to other fiscal responsibilities [4]. - The county's fiscal pressures are exacerbated by policies requiring local matching funds for various projects, leading to substantial financial burdens on the county's budget [4][11]. Group 2: Financial Challenges and Structural Issues - The county's monthly rigid expenditures, including the "three guarantees" (ensuring livelihood, salaries, and operational costs), amount to approximately 8 billion yuan, while the actual monthly revenue is only about 1 billion yuan [8][11]. - The article notes that many local governments face similar financial strains, with a significant reliance on borrowing and reallocating funds from other projects to meet urgent needs [11][13]. - Li Ge emphasizes the need for reform in the fiscal system to better align fiscal authority with expenditure responsibilities, as many financial pressures stem from mismatched responsibilities imposed by higher-level authorities [5][14]. Group 3: Policy Implications and Recommendations - The article suggests that the current fiscal challenges cannot be resolved solely at the local level and require higher-level reforms, particularly in delineating responsibilities and improving the financial capabilities of local governments [14]. - Li Ge advocates for a more balanced approach to fiscal authority and responsibility, highlighting the need for systemic changes to alleviate the financial burdens on county-level finances [5][14].

转过挂满山水的展墙，七处鲜亮的色彩突然撞进眼里。那是七个八零九零艺术家的新作，去年刚接下邀 约时画的草稿还带着铅笔印。没人刻意把老作品和新创作隔开，丁立人的《牧牛图》旁边，就挂着年轻 人用数码笔刷画的赛博格牧童；青铜小像的展柜对面，摆着用 3D 打印笔堆出的抽象人像。 北丘的展厅拆了几道隔墙，白墙被刷成带着颗粒感的米黄。老画的木框和新装置的金属支架在地面投下 交错的影子，像两代人踩着不同的鼓点，却在同一个空间里踏响了合拍的脚步。 没有谁是主角。丁立人画了六十年的笔墨，和年轻人刚晾干的油彩，就像巷口下棋的老者遇上放学的孩 童，摆开各自的棋路，在光影里来了场不问输赢的对弈。 （原标题：丁立人：萍水相逢） 展期：8月5日 - 10月26日 展厅里的时光像被揉皱的纸，摊开便是丁立人从六十年代到今春的百余件作品。墨在宣纸上洇开的老 画，青铜在岁月里长出的绿锈，还有刚装裱好的新稿，混着他攒了半辈子的老物件 —— 缺角的青花 碗、磨亮的竹刻扇骨，在灯光下透着温吞的光。 策展人：杨天歌 地点：北丘当代美术馆 南京市玄武区北京东路1号环亚凯瑟琳广场 ...

Core Insights - The article discusses the emergence of AI-driven search capabilities in e-commerce, particularly highlighting Taobao's new feature "AI万能搜" which allows users to ask questions in natural language and receive comprehensive answer reports that include text, products, and multimedia [2] - The competitive landscape in e-commerce is shifting from a focus on traffic volume to the intelligence of AI models, emphasizing the importance of understanding user preferences and providing personalized solutions [2][3] - The definition of e-commerce is evolving from simple online retail to a more sophisticated "intelligent solution service," leveraging AI to uncover both explicit and latent consumer needs [3] E-commerce Transformation - AI is expected to optimize the entire supply chain from demand to production, enabling businesses to respond more dynamically to market needs, as exemplified by Shein's "small batch quick response" model [3] - The shift to AI-driven search will fundamentally change the rules for e-commerce merchants, moving from a capital-driven model to a value-driven approach, where AI acts as a personal shopper for consumers [4] - Companies that focus on product design, supply chain management, and deep user service are poised to benefit from this transformation, marking a significant opportunity for those who adapt [5] Future Challenges and Considerations - The article highlights ongoing challenges such as data privacy, algorithmic bias, and the impact of technology costs on small businesses, which will influence the sustainable development of AI in e-commerce [5] - The next decade in e-commerce will be characterized by a competition involving AI capabilities, data quality, and ethical governance, with early adopters likely to gain a competitive edge [5]

Core Insights - Wanglaoji has launched four new international can products, emphasizing a brand upgrade and global market penetration [1] - The new products include Luo Shen Zhu Hong Classic, Guangming Xi Orange Sugar-Free, Liuli Yao Jin Original Flavor, and Yanyu Tianqing Sparkling [1] - Wanglaoji's market share in the domestic plant beverage segment is nearly 50%, with the brand's growth rate leading the industry [1] Group 1 - The new branding features the name "WALOVI" prominently, aiming for quick global recognition and efficient memory retention [1] - The company emphasizes its commitment to natural ingredients and health principles while integrating contemporary trends like sugar-free and sparkling options [1] - Wanglaoji's leadership in the domestic plant beverage market is supported by various key performance indicators, including brand market share and distribution metrics [1] Group 2 - The company aims to create a unified global image and product matrix that meets diverse consumer needs worldwide [2] - The brand's visual language will be recognized globally, enhancing its identity and appeal to international consumers [1][2]

Core Insights - Pandora Group has announced plans for accelerated global expansion, aiming to open 400 to 500 new stores between 2024 and 2026, driven by improved profit margins and returns [1] - The company has adjusted its expansion target for fiscal year 2025, now planning to add 25 to 50 concept stores globally, down from the previous target of 50 to 75 stores, primarily due to optimization in the Chinese market [1] - Pandora expects to close up to 100 stores in 2025, an increase from the earlier estimate of at least 50 closures, alongside significant layoffs in the Chinese market [1] Performance Summary - Pandora entered the Chinese market in 2015 and opened over 240 stores within four years, but as of the end of Q1 this year, the number of stores in China has decreased to 198 [2] - The company's sales in China have significantly declined, with Q1 2025 sales at 96 million Danish kroner, down 11% from 2023, and a further 15% drop in comparable sales in Q2, while the overall group saw a 3% increase [2] - From 2019 to 2025, Pandora's revenue share from the Chinese market has decreased from 9% to 1%, indicating a substantial decline in market performance [2] - Despite a slight decline in same-store sales due to weak seasonal promotions and timing of new collections, management maintains a full-year organic growth guidance of 7% to 8% for 2025 [2]

（原标题：推动产业健康发展 六部门进一步规范光伏产业竞争秩序） 会议还要求，规范产品质量，打击降低质量管控、虚标产品功率、侵犯知识产权等行为。支持行业自 律，发挥行业协会作用，倡导公平竞争、有序发展，强化技术创新引领，严守质量安全底线，切实维护 行业良好发展环境。 经济观察网 据央视新闻消息，工业和信息化部、中央社会工作部、国家发展改革委、国务院国资委、 市场监管总局、国家能源局8月19日联合召开光伏产业座谈会，进一步规范光伏产业竞争秩序。 会议提出，光伏产业各方要深刻认识规范竞争秩序对光伏产业高质量发展的重要意义，共同推动产业健 康可持续发展。加强产业调控，强化光伏产业项目投资管理，以市场化、法治化方式推动落后产能有序 退出。遏制低价无序竞争，健全价格监测和产品定价机制，打击低于成本价销售、虚假营销等违法违规 行为。 ...