Core Viewpoint - International gold prices reached a historic high of $4000.1 per ounce on October 7, driven by factors such as the ongoing U.S. government shutdown crisis, increased expectations for multiple interest rate cuts by the Federal Reserve, and persistent geopolitical conflicts globally [1] Group 1 - On October 7, during the Asian trading session, gold prices touched $4000 per ounce for the first time in history [1] - As of 8:33 AM Beijing time on October 7, December gold futures on the New York Commodity Exchange were reported at $3999.9 per ounce, reflecting a 0.59% increase [1] - The rise in gold prices is attributed to investors increasing their holdings in gold as a safe-haven asset amid economic uncertainties [1]

Core Insights - The article highlights the transformation of Baigou into a global hub for luggage production and e-commerce, showcasing its historical significance and modern commercial evolution [1][2][5][19]. Group 1: Historical Context - Baigou has a rich commercial history, originally serving as a vital water and land port, facilitating trade since the Song and Liao dynasties [2]. - The town's commercial legacy continues to thrive, with local residents sharing stories of market changes and adaptations over generations [4][3]. Group 2: Economic Impact - Baigou's annual luggage production value reaches nearly 50 billion yuan, with products exported to 199 countries and regions, and an average of 1.2 million express deliveries daily [1][6]. - The town hosts over 40,000 e-commerce entities and employs nearly 80,000 people, forming a complete luggage industry chain [6]. Group 3: E-commerce Development - The rise of e-commerce has significantly impacted Baigou, with traditional markets adapting to online sales, including live streaming and micro-businesses [8][9]. - Baigou's e-commerce ecosystem has developed a complete closed loop, including various industry associations and specialized e-commerce parks [9][12]. Group 4: Supply Chain and Production - The success of Baigou's luggage industry is attributed to its flexible supply chain and quick market responsiveness, allowing rapid design-to-production cycles [7][14]. - Local businesses have shifted to a model of small-batch production, enabling quick adjustments based on market feedback [14]. Group 5: Future Prospects - Baigou is evolving into a comprehensive consumption experience center, integrating shopping, cultural tourism, and business services [15][16]. - The town is enhancing its digital infrastructure, with plans for a new rapid transit line to improve connectivity with the Beijing-Tianjin-Hebei region [21][20]. - The local government supports e-commerce development through funding and training initiatives, fostering a conducive environment for traditional merchants to transition to digital platforms [12].

（原标题：圣邦微电子递表港交所 募资研发车规模拟芯片） 公司本次港股募资拟用于高压大电流、车规级及超低功耗模拟芯片研发，扩大系统实验室与可靠性测试 平台，升级供应链数字化系统并拓展海外市场。 据招股书，圣邦微电子专注信号链与电源管理双支柱产品，已形成约6,600款模拟IC及传感器矩阵，覆 盖放大器、数据转换器、DC/DC、LDO、电池管理、温度/磁传感器等36个品类，可为工业、能源、汽 车、网络计算、消费电子等全场景提供系统级解决方案。报告期内，公司保持高频创新节奏，累计推出 约2,800款新品，首创60nA超低静态电流同步降压转换器、1.6nV/√Hz超低噪声运放、SNR 99dB 18位 SAR ADC等多项国内第一，奠定高性能模拟标杆。 在业绩方面，2022-2024财年及2025年上半年，圣邦微电子收入分别为31.88亿元、26.16亿元、33.47亿 元、18.19亿元；经调整净利润（非国际财务报告准则）分别为9.63亿元、3.89亿元、5.76亿元、2.45亿 元，毛利率保持45%以上，盈利稳健。 经济观察网 近日，领先的综合模拟集成电路企业——圣邦微电子（北京）股份有限公司正式向香港联 交所递交 ...

展览时间（2025.09.26-2026.1.11） 地点：南池子美术馆 （原标题：北京赏秋必看：层叠的北京） 展名：层叠的北京 这此次展览中场馆对宫墙红、琉璃黄、灰瓦色晕染展陈空间.延续时间轴.对自己的记忆碎片，或许是某 个午后斜照在胡同里的光影，或许是儿时攥着糖人奔跑过的街巷，又或是深夜窗格里透出的那盏暖灯。 在这场传统与当代的对话里，在过去与现在的重逢中，共赴一场与北京的温情相拥。这，是我们共同的 城，它的层层叠叠里，藏着每个人的岁月与牵挂。 ...

Core Viewpoint - Yunnan Province has initiated a comprehensive market-oriented reform of renewable energy pricing, marking a significant step towards the marketization of electricity pricing in the region [1] Group 1: Policy Implementation - The implementation plan issued by Yunnan's Development and Reform Commission, Energy Bureau, and Energy Regulatory Office aims to fully integrate renewable energy projects into the electricity market [1] - All renewable energy project electricity generation will enter the market, with prices determined through market transactions [1] - A price difference settlement mechanism will be established for cases where the mechanism price is above or below the market average, with costs shared among all commercial and industrial users [1] Group 2: Project Classification and Pricing Mechanism - The plan distinguishes between existing and new projects, with existing projects transitioning smoothly under current policies, while new projects will have their mechanism prices determined through competitive bidding [1] - The mechanism price for new projects will have a defined execution period of 12 years, after which prices will be determined by market transactions [1] Group 3: Market Dynamics - The core logic of the plan emphasizes "comprehensive marketization," indicating that renewable energy generation will no longer benefit from preferential pricing policies [1] - This reform follows the 2021 market-oriented reform of coal-fired electricity pricing, intensifying competition between renewable energy and traditional energy sources like coal [1][2] Group 4: Impact on Businesses - The new pricing mechanism will lead to increased price volatility, challenging companies' decision-making and operational capabilities [2] - Companies will need to focus more on project cost-effectiveness and market demand when making investment decisions [2]

4000美元！黄金在无声中呐喊的，不只是避险焦虑，更是对全球货币秩序暗流涌动的本能回应。 2025年10月7日上午，纽约期金主力合约盘中罕见飙升，最高触及每盎司4000美元，再创历史新高；年内涨幅逾50%。黄金这一破位跃升，并非由地缘冲 突或通胀预期点燃，而是在美联储重启降息、美元指数显著走弱的大背景下，包括各国央行连续增持黄金储备，私人部门积极配置黄金资产，都在推动黄 金走出独立行情。资本市场以黄金之名，向美元信用投下的一票"沉默公投"。 2025年10月7日上午，纽约期金主力合约盘中罕见飙升，最高触及每盎司4000美元，再创历史新高；年内涨幅逾50%。 作者：欧阳晓红 封图：图虫创意 这一历史性时刻，恰逢美国政府因预算僵局再度陷入"技术性停摆"、全球经济前景晃动不定，市场风险偏好和避险本能交织回荡。 美联储降息后，美元指数走弱，年内跌幅近10%，而人民币汇率稳中向好，年内涨幅为2.46%；这可能是系统性变量的拐点。它意味着，世界在寻找美元 之外的相关资产锚。 在此背景下，人民币的"三角功能"可能在跃迁：从"结算货币"渐趋进阶至"投资货币"，并逐步试探"储备货币"的边界。 国际货币基金数据显示，2025年一 ...

（原标题：青春期叛逆，是父母对孩子的最大误解） 也有的家长说，这个暑假孩子彻底变了，对家里人视而不见，也不说话。 出现这种现象，说明孩子到了青春期了。但大多数家长，对孩子青春期叛逆，存在着误解。 一、你要正确认识"青春期" 在心理学上，孩子十几岁左右，就被称为青春期叛逆。 青春期叛逆主要特征是情绪焦躁不安，和家人的冲突、疏远成人社会、做出鲁莽行为和排斥成人价值观 等等。 之所以会有这样的情况，是青春期的身体变化和成人期的各种迫切要求使得青少年不得不去努力适应， 而这些努力就迎来了"疾风暴雨"，产生了代际冲突。 其实，再往下深挖一层，孩子在青春期暴躁，脾气大，是因为他们在当下的生活遇到了困难，而正处于 这种生活中的自己，不足以对抗环境中的困难，选择借助带有破坏性本能力量，来试图帮助自己获得突 破。 举一个例子，比如在青春期，孩子会认为自己不再是一个小孩了，所以想要得到更多的自由和独立。 又到了暑假，很多家长都感到苦恼。孩子不听话，总是和家长对着干，你不让他做什么，他就偏做什 么，专门和你对着干。 而且孩子脾气暴躁，你稍微说他一两句，他就大发雷霆。 这个时候，很多家长根本没有意识到孩子的心理转变，还在用简单、粗暴 ...

Core Viewpoint - The recent surge in gold prices, surpassing $4000 per ounce, reflects a significant shift in the global financial landscape, driven by macroeconomic factors such as potential U.S. Federal Reserve easing, rising geopolitical risks, and central banks increasing their gold reserves [1][2][5] Group 1: Gold Price Movement - Gold futures reached a historic high of $4000.1 per ounce on October 7, 2025, marking a 50% increase year-to-date [1] - The acceleration in gold prices began in March 2025 when it crossed $3000 per ounce, followed by a rise past $3800 by September [2] - UBS Wealth Management anticipates further increases in gold prices due to expected declines in U.S. real interest rates amid ongoing inflation [2] Group 2: Central Bank Actions - As of September 2025, China's gold reserves reached 7.406 million ounces, with an increase of 40,000 ounces from the previous month, marking the eleventh consecutive month of accumulation [2][3] - The proportion of gold in China's official international reserves stands at 7.7%, significantly below the global average of around 15%, indicating room for structural optimization [3] - The People's Bank of China's strategy of gradually increasing gold reserves is seen as a long-term approach to enhance reserve security and support the internationalization of the renminbi [4] Group 3: Global Trends in Gold Holdings - Central banks worldwide have been increasing their gold holdings, with significant purchases reported from countries like China, Poland, Singapore, and India since 2025 [3] - The trend of rising gold reserves is a response to structural challenges such as geopolitical conflicts and high debt levels in major economies, as well as a reassessment of the dollar's credibility as a reserve currency [3][5] - The accumulation of gold reserves is viewed as a strategic move to reduce reliance on single currency assets and enhance the intrinsic value of the renminbi [4]

（原标题：上海中秋的鲜肉月饼 | 十月行记） 说起"鲜肉月饼"的来历，倒是一桩趣事。 有人说，鲜肉月饼的前身是高桥松饼。位于老上海淮海中路瑞金路路口的"高桥食品厂门市部"是上海最 早做鲜肉月饼的地方，所以"上海鲜肉月饼"也叫"高桥鲜肉月饼"。 另一说，过去老大房这些苏式茶食店中，有种鲜肉饺很受欢迎，后来师傅将其形状大小改变，就成了鲜 肉月饼。 还有说法称鲜肉月饼最早由普陀区悦来芳卖出名气，这家1926年成立的老字号，20世纪六七十年代开始 销售鲜肉月饼，每到中秋，人们提着脸盆、水桶在长寿路上排队。 一转眼，我来上海工作已有十年了。每到中秋，上海风里的香味就和浙江老家不一样了。 我的老家是浙江的一座小城——金华。金华城中央，一条婺江穿流而过，将整座城市分为江南与江北两 部分。在江的两岸，道旁种着许多的桂花树。一临近中秋，整个金华城的空气中就洒满了桂花的香甜。 在上海，提醒人们中秋来到的风物另有不同。 倘若在临近中秋的时节，人们路过淮海路、南京东路时，街头乍吹起湿润的热风里，时常裹着股荤香， 油酥气混着鲜肉的鲜，爽利地钻鼻子。一嗅就知道，是鲜肉月饼开炉了。 其他地方的人总纳闷，月饼该是甜的，豆沙、莲蓉、五仁，哪样 ...

（原标题：一梦江湖 × 上美影「再闹天宫」） 作为中国动画史上的瑰宝，1961 年版《大闹天宫》以纯手绘匠心塑造了永恒的齐天大圣形象。此次 《一梦江湖》以数字技术复刻东方动画美学，延续了文化符号的生命力，既是对中国动画黄金时代的致 敬，也唤起了玩家们的童年记忆，引发集体的情感共鸣。 近日，《一梦江湖》官方正式宣布与上海美术电影制片厂及其经典动画作品《大闹天宫》展开重磅联 动。此次联动将于 10 月 10 日随游戏周年版本「千灯宴」同步上线，为玩家带来一系列全新剧情、趣味 玩法及联动限定外观。这次合作将中国动画史上的经典之作与武侠手游巧妙融合，把齐天大圣「不服天 命」、「敢撼九霄」的豪情注入江湖，为玩家带来沉浸式体验。 本次联动把天宫的热闹直接「搬进」江湖，推出《大闹天宫》主题的全新剧情和趣味玩法，让玩家能够 在江湖中亲身体验大圣的传奇故事。与此同时，游戏还将上线一整套联动外观与周边，包括全新时装、 筋斗云，金箍棒等等。玩家可以通过完成联动任务、收集联动代币免费兑换精美外观与道具。 ...