Core Perspective - The film "Cézanne et moi" explores the deep friendship and artistic struggles between French literary giant Émile Zola and Impressionist master Paul Cézanne, highlighting their mutual admiration and the eventual conflict that led to the breakdown of their relationship [1][2]. Group 1: Artistic Journey - Zola and Cézanne initially bond over their shared passion for art, with Zola focusing on realistic literature and Cézanne on capturing the nuances of nature through color and light [1]. - Zola's works, such as "Germinal," reveal social issues and human weaknesses, earning him recognition in the literary world, while Cézanne's innovative approach to painting, including geometric shapes and bold colors, challenges traditional norms [2]. Group 2: Conflict and Separation - The divergence in their artistic philosophies leads to a conflict of values, culminating in Zola's critical portrayal of Cézanne in his novel "The Masterpiece," which Cézanne perceives as a betrayal [2]. - The film poignantly depicts the emotional turmoil of their arguments and disappointments, illustrating the fragility of friendship under societal pressures [2]. Group 3: Legacy and Cultural Significance - After their friendship ends, Cézanne retreats to his hometown, dedicating himself to painting despite societal neglect, ultimately becoming a pivotal figure in modern art [3]. - The film also celebrates the richness of French culture, showcasing the beauty of Provence and the characters' unwavering commitment to their artistic beliefs, embodying the spirit of innovation in French culture [3][4].

中国汽车质量网 小米SU7作为小米公司进入汽车市场的标志性产品，自上市以来就承载着众多期待。但此次质量榜上所 反映出的问题却令人大跌眼镜。有报道指出，在参与评比的小米SU7相关投诉案例中，存在一些与实际 产品质量无关的因素，例如用户误操作导致事故以及因提车延迟而产生的纠纷等。这些非质量问题可能 对最终得分产生了影响。 对于这一情况，部分忠实米粉表示强烈不满，并质疑榜单的公正性及样本量是否足够大到能够代表整体 车主的真实体验。他们认为单凭几个特例便将整个系列车型定性为"质量差"是不公平的做法。与此同 时，也有声音呼吁社会各界应更加理性看待此类排名，毕竟车辆好坏还需结合个人需求和使用习惯来判 断。 截至目前，针对此次争议事件，小米官方尚未作出正式回应。不过，在社交媒体平台上已经可以看到不 少SU7车主分享自己用车经历的声音。其中不乏正面评价，如称赞其智能化程度高、驾驶体验良好等。 同时也有用户提到希望厂家能够尽快解决现存的一些小毛病，以提升整体满意度。 （原标题：小米SU7质量榜垫底遭质疑） 近日，中国汽车质量网发布的一份汽车质量榜单引起了广泛关注。在该榜单上，小米旗下的首款电动汽 车SU7的质量评分垫底，这一结 ...

（原标题：工银国际：美国经济衰退与危机下的艰难抉择） 在全球经济的大棋盘上，美国经济一直占据着关键位置。然而，近年来，美国经济却深陷重重困境，衰 退阴霾与信任危机交织，使其发展之路布满荆棘。5月FOMC议息会议，犹如一面镜子，映照出美国经 济当下的复杂局势。 本文综合来自工银国际宏观研究报告 工银国际从会议结果来看，美联储维持基准利率在4.25%-4.50%不变，这一决策符合市场预期。美联储 主席鲍威尔虽称美国经济仍稳健运行，但不可忽视的是，诸多数据已显示出美国经济增长的隐忧。关税 政策的反噬作用逐渐显现，劳动力市场边际降温，企业在政策不确定性下趋于保守。4月非农就业人口 增长17.7万人，看似尚可，然而ADP数据却显示4月就业人数仅增长6.2万人，远低于市场预期，为九个 月以来最低增长。这表明企业在面对消费者不确定性时，扩张步伐明显放缓。 与此同时，通胀问题也让美国经济陷入两难境地。实际通胀降温放缓，美国一季度核心PCE物价指数年 化季率初值达到3.5%，超出预期且相比前值显著抬升。尽管同比数据显示通胀水平有所回落，但季度 环比数据的抬升暗示通胀降温趋势可能受阻，且通胀预期进一步攀升。密歇根大学消费者调查显 ...

Core Insights - The rapid development of AI technology is acknowledged by Li Xiang, founder of Li Auto, who emphasizes the need for a calm approach to its practical application [2] - Li Auto is focusing on the integration of AI tools into its production processes, moving from simple information and assistance tools to core value creation tools [2][4] - The company has made significant advancements in its VLA (Vision-Language-Action) strategy, which aims to develop a humanoid driving model capable of independent decision-making and action [4][5] AI Development and Strategy - Li Auto has experienced a significant boost from the domestic large model DeepSeek, which has accelerated the completion of its foundational model infrastructure by nine months [2][3] - The VLA strategy is divided into three phases: rule-based algorithms, end-to-end models, and the final VLA stage, which represents the beginning of humanoid intelligence [4][5] - The company is training a 32 billion parameter VL model, incorporating extensive 3D visual data and language inputs related to driving behavior to enhance semantic understanding [5][6] Industry Perspective - Li Xiang compares the current state of AI in the automotive industry to a "Linux moment," with the potential for a significant breakthrough akin to an "Android moment" when AI is effectively deployed in specific fields [7] - The transition from traditional rule-driven approaches to intelligent agent-driven paradigms is seen as a major shift in the industry [7] - Li Auto aims to redefine the relationship between humans and vehicles, positioning AI not just as an efficiency tool but as a systemic and scalable production tool [7]

（原标题：莫康孙：中国广告人要有文化自信 |幼狮评委说1） 4月29日，2025戛纳"幼狮杯"中国冠军选拔赛终审会在北京举办。上海马马也文化传播有限公司创始人 兼CEO 莫康孙担任本届戛纳幼狮中国区选拔赛评审团名誉主席。 他与戛纳幼狮的缘分横跨 30 年，回首往昔，莫康孙感慨万分，"30 年前，我在完成戛纳作品评审工作 后，意外被拉去参与第一届幼狮评选，这段奇妙的经历开启了我与幼狮比赛的不解之缘。此后，中国广 告逐步在戛纳等国际赛事中崭露头角，而这离不开主办方多年来坚持举办选拔赛事，为中国广告人才搭 建通往国际舞台的桥梁。" A：从作品本身虽未发现极具突破性的行业趋势，但值得注意的是，无论何种类型的项目 —— 即便是 平面设计等传统领域，选手们在创意传播提案中，都不约而同地融入了社交媒体元素。这表明，社交媒 体已成为当下广告传播链条中不可或缺的重要环节，也折射出行业对社交平台传播价值的高度重视。 Q：您认为当前行业最需要怎样的人才？本届选手是否展现出相关特质？ A：在我看来，"文化自信" 是当下广告行业人才最需具备的核心素养。令人欣喜的是，新一代广告人身 上不仅展现出强大的文化自信，更具备扎实的专业能力与十足 ...

（原标题：烂尾的奢华皇城：访明中都遗址｜访古） 作者 翟德芳 在我计划长三角访古之行的时候，曾经向同班同学、复旦大学教授高蒙河兄请教有哪些地 点值得去访问，他向我推荐的清单中包括了明中都遗址。我知道明中都。这是朱元璋最早定都的地方， 第一版《中国大百科全书•考古学》中就收录了这个条目。不过我也只是对其了解一点皮毛。2025年元 旦，我与吉大考古系同门小聚，见到故宫考古所的徐海峰兄，他告诉我正在主持故宫考古所的明中都发 掘工作，并邀请我在合适的时候去那里考察，我当然愉快答应。 春节后，我匆忙地开始了长三角的访古之行。在看完双墩遗址后，发现明中都遗址就在蚌埠附近，东距 蚌埠也就20公里左右，尽管那里属于滁州市凤阳县。既然已经到了明中都的门口了，当然要前去访问一 番。但事有不巧，我赶到明中都遗址公园，那里倒是对游客开放，但进入明中都中心，也即明皇城城墙 内就不成了，因为春节刚过，里面还没有复工，大门紧锁。我从城门远远看了城内几眼，就怏怏而返， 不过在接下来的蚌埠博物馆和南京博物院，我倒是看到了不少明中都的文物和材料，也因此有机会草成 此文。 明中都的规划和建设 这个明中都，说穿了，其实就是朱元璋的个人工程。元至正十 ...

Core Viewpoint - The People's Bank of China has temporarily reduced the reserve requirement ratio for auto finance companies and financial leasing companies from 5% to 0%, aiming to enhance liquidity and support economic growth [1][2]. Group 1: Policy Impact - The reduction in reserve requirement means that these financial institutions no longer need to set aside funds, allowing them to use the released capital for more flexible loans and investments [1]. - This adjustment is expected to provide higher liquidity in the market, alleviating pressures from slowing economic growth and tightening financial markets [1]. Group 2: Business Models - Auto finance companies primarily offer car loans and financing leasing services, supporting consumers in the automotive sales market [1]. - Financial leasing companies focus on equipment financing leasing, providing funding support for businesses to acquire and lease necessary equipment, covering a broader range of sectors [1]. Group 3: Challenges and Risks - Both types of financial institutions face challenges in capital operations, particularly when liquidity is insufficient, which can limit their lending capabilities [2]. - The policy change allows auto finance companies to offer more consumer loans, potentially stimulating automotive consumption demand [2]. - However, the removal of the reserve requirement means that financial institutions will need to enhance their liquidity management capabilities to avoid short-term liquidity strains during market fluctuations [2].

联署企业一致反对"关税倒逼制造业回流"的逻辑。Nike、adidas等指出，运动鞋生产依赖精密模具与熟 练工人，转移产能将导致至少18-24个月断供，且美国缺乏配套产业链。据国信证券分析，鞋服类产品 加价倍数普遍为5倍，供应链利润空间仅能承受约5%的关税分摊，最终涨价压力将转嫁消费者。 目前，美国零售联合会已预警关税将加剧通胀，运动鞋均价或上涨10%。行业巨头正加速调整物流体 系，部分品牌将库存转移至美国本土仓库以缓冲冲击，但长期仍依赖政策调整。 联名信指出，鞋类制造回流美国需"巨额资本投入与数十年规划"，而当前供应链高度依赖越南、印尼等 亚洲生产基地。数据显示，Nike约50%、adidas 39%的鞋履产能集中于越南，两国合计贡献全球运动鞋 产量的60%以上。若加征关税，美国消费者将承担近100%的税负，工薪家庭购鞋成本或翻倍。 FDRA强调，鞋类平均关税已达11.3%，部分品类税率高达67.5%，若叠加25%新税，部分儿童鞋总税率 将飙升至220%，远超企业承受能力。平价品牌首当其冲，可能导致库存短缺与大规模倒闭潮。尽管美 国政府提出"90天暂缓期"，但越南、印尼等核心产区仍面临供应链中断风险。 （原标 ...

Core Insights - The book "Urbanization and Fertility Rate: An Empirical Analysis Based on China" explores the relationship between urbanization and fertility rates, focusing on China's transition and low fertility rates, providing new perspectives for high-quality urbanization and addressing low fertility traps [1][4] Summary by Sections Theoretical and Empirical Analysis - The research integrates economic, social, cultural, and environmental factors into a unified framework to analyze the impact on fertility intentions, addressing gaps in existing literature that often focus on single dimensions [2] - The book employs mechanism analysis, mathematical modeling, and empirical testing to examine how urbanization affects fertility intentions across different regions and demographics, offering new insights into the causes of low fertility rates in China [2] Key Findings - A "U"-shaped relationship exists between urbanization levels and fertility rates, where low urbanization leads to declining fertility due to neglect of social issues like healthcare and education, while high-quality urbanization enhances fertility through improved living conditions [3] - Urban residents exhibit lower fertility intentions compared to rural residents, with a decreasing trend in the desire for multiple births, particularly among middle to high childbearing age groups and low-income populations in eastern regions [3] - The impact of urbanization on fertility intentions varies between local and external urbanization models, with higher income levels promoting fertility intentions across both models [3] - A "reverse S" relationship is observed between urban welfare and fertility intentions, indicating that improvements in welfare in medium and low-tier cities can enhance perceived quality of life and security, thereby increasing fertility intentions [3] - Cities with higher economic welfare and developed tertiary industries show a greater willingness to have more children, while manufacturing agglomeration exhibits a threshold effect where transportation costs inversely affect fertility rates beyond a certain level of industrial concentration [3]

Core Viewpoint - Skechers, the world's third-largest athletic shoe retailer, announced its privatization by accepting a buyout offer from 3G Capital, which has sparked significant public interest and discussion online [1] Company Overview - Skechers was founded in 1992 by Robert Greenberg and is headquartered in Manhattan Beach, California. Initially selling work boots, it expanded into athletic shoes for adults and children, covering various sports categories [1] - The company is known for its comfortable footwear priced lower than competitors like Nike and Adidas, making it one of the largest consumer goods companies led by its founder [1] Acquisition Details - 3G Capital will acquire all outstanding shares of Skechers at $63 per share, representing a 30% premium over the weighted average stock price over the past 15 days. The transaction is expected to be completed by the third quarter of 2025 [1] - Post-acquisition, 3G Capital is projected to hold approximately 80% of the newly formed company, transitioning Skechers into a privately held entity [1] Financial Performance - Skechers reported a sales revenue of $9 billion for 2024, marking a 12% year-on-year increase, with international sales accounting for 65% of total revenue. However, the profit margin declined by 2.4% in the first quarter of 2025, and the stock price has dropped 28% year-to-date [2] Challenges Faced - The new U.S. tariff policies have significantly increased shoe prices, with a pair of shoes rising from 1,100 yuan to nearly 1,700 yuan for consumers. Skechers warned that global trade policy changes pose a major risk to its business [3] - The U.S. market contributed 38% of Skechers' global sales in fiscal year 2024, but recent tariffs on major sourcing countries like China and Vietnam have led to increased costs and declining profit margins. The global sales growth rate plummeted from 36.7% in 2021 to 12.1% in 2024 [3] - Skechers faces supply chain vulnerabilities, with 60% of its production capacity concentrated in Asia, which is exposed to tariff and geopolitical risks. Transitioning to a more diversified production strategy would require an investment of at least $2 billion [3] Strategic Implications - The privatization of Skechers allows the company to escape the financial disclosure constraints of being publicly traded, providing greater operational flexibility to adjust supply chains and pricing strategies without the pressure of Wall Street expectations [3] - This move may signify a broader transformation and consolidation within the athletic footwear market, with industry observers keenly watching the implications of this acquisition on Skechers and the sports leisure sector [4]