许主洪进一步分享道，多模态理解模型主要基于自回归的模型框架，相比之下，多模态生成模型则更多地采用基于扩散的模型框架，利用如UNet和DiT 等架构，以及CLIP和T5等先进的文本编码器。 根据许主洪预测，未来多模态大模型将朝着理解与生成相统一的方向发展，但同时也指出主干网络设计、模态对齐融合等关键技术仍需深入研究。尽管 行业整体仍处于早期阶段，不过其对多模态技术在搜索、创作、机器人等领域的应用前景充满信心。 "多模态agent AI的时代才刚刚开始，未来我们要真正达到AGI，还是要解决非常多的技术难题，包括多模态大模型基础的能力，数据细节的连接与操 作，物理世界的控制与交付等等，都有很多的技术挑战，但这也是未来多模态大模型行业机会。"6月19日，在上海世界移动通信大会（MWC上海2025） 上，阿里巴巴集团副总裁，智能信息事业群首席科学家发表主题演讲，深入阐述了多模态大模型技术的发展趋势及其在实现通用人工智能（AGI）中的核心 作用。 在演讲中，许主洪将多模态大模型技术分为理解与生成两大类，并系统梳理了技术演进路径。他指出，多模态的理解任务，主要解决的难点包括多模态 的模态编码对齐、融合的理解与推理等等；多模 ...

Group 1 - The 2025 China International Financial Expo was held in Shanghai from June 18 to 20, showcasing the achievements of financial innovation and reform in China [2][4] - The theme of the expo was "Open Innovation and Technology Empowering the Creation of a New Financial Future," featuring five main exhibition areas: financial infrastructure, financial products and services, financial technology, and international and local特色金融 [4] - Shanghai Pudong Development Bank (SPDB) emphasized its digital transformation strategy, focusing on five key areas: technology finance, supply chain finance, inclusive finance, cross-border finance, and treasury finance [4][5] Group 2 - SPDB's main exhibition area featured an immersive experience showcasing its digital strategy, including the "Pu Hui Lai Le" app, which integrates over 20 functions for streamlined financial services [5][6] - The bank's supply chain finance service system, "1+1+X," aims to enhance collaboration within the supply chain, serving 25,500 active clients as of March [6][7] - SPDB established a cross-border financial service area at the expo, focusing on eight key service scenarios to support Chinese clients in international markets, with a cross-border financing balance of approximately 255.37 billion yuan, a 13% increase from the previous year [7][9] Group 3 - Shanghai Trust, a key member of SPDB, showcased its innovative financial products, including technology equity trusts and ESG responsibility trusts, to support social welfare and sustainable development [9] - The financial expo highlighted SPDB's commitment to contributing to Shanghai's development as an international financial center and technology innovation hub [9]

Core Viewpoint - The blood products industry is experiencing significant consolidation, highlighted by China National Pharmaceutical Group's acquisition of a 21.03% stake in Palin Bio for 4.6 billion yuan, which is a high premium acquisition that will reshape the industry landscape [1][5]. Company Summary - China National Pharmaceutical Group's acquisition will increase its control over the blood products market, consolidating its position as the leading player with a total of 154 plasma stations across its subsidiaries, including Tian Tan Biological and Wei Guang Biological [6][9]. - Palin Bio has undergone multiple ownership changes, with its history marked by internal conflicts that have hindered its growth. The company has changed hands six times, with the latest acquisition by China National Pharmaceutical Group marking a potential end to its tumultuous ownership history [3][4]. Industry Summary - The blood products industry is characterized by a high degree of concentration, with major players like Tian Tan Biological, Shanghai Laishi, and Palin Bio dominating the market. The industry is moving towards an oligopolistic structure, with the number of companies decreasing significantly over the years [8][11]. - The global blood products market is projected to exceed $50 billion in 2024 and reach over $90 billion by 2030, indicating substantial growth potential driven by increasing demand for blood products due to aging populations and the need for critical medical supplies [8][10]. - China's blood products market is expected to grow significantly, with projections of reaching 60 billion yuan in 2024 and 95 billion yuan by 2030. The industry faces challenges such as limited raw material supply and strict regulations on blood plasma collection [11][12].

Core Insights - The event focused on cross-border cooperation between banks and enterprises in Fujian, Zhejiang, and Shandong provinces, aiming to enhance the use of RMB in international trade and investment [1][2] - The event included five thematic activities, each tailored to the characteristics of the participating enterprises, facilitating connections between foreign enterprises and domestic banks [1] Group 1: Economic Characteristics of Provinces - Fujian has a unique geographical position and a long history of foreign trade, thriving in areas like overseas investment and marine economy [2] - Zhejiang is renowned for its private economy and strong innovation, leading in emerging industries such as e-commerce [2] - Shandong, as a major economic province, has a solid industrial foundation with strengths in high-end equipment manufacturing and modern agriculture [2] Group 2: Participation and Growth - Fujian's Industrial Bank and Zhejiang's Zheshang Bank are direct participants in CIPS, while Shandong's Qingdao Bank has also been approved for direct participation, with over 150 indirect participants from these provinces [2] - The event saw participation from nearly 150 enterprises from the three provinces, discussing opportunities and pathways for cross-border cooperation [2] Group 3: International Collaboration - Foreign banks such as Societe Generale, Eldik Bank from Kyrgyzstan, Aktif Bank from Turkey, and Master Bank from Brazil participated, along with Chinese banks' overseas branches, to discuss regional policies and specialized services [2] - CIPS aims to enhance collaboration with various financial institutions to improve service levels for foreign enterprises, promoting the internationalization of RMB [3]

"人民币跨境支付系统（CIPS）将通过加速贸易来助力非洲经济发展！"标准银行（Standard Bank）企业 客户部集团总裁Anne Aliker在2025中国国际金融展上描绘了一幅互联互通的未来图景。 她强调，通过加速跨境贸易，CIPS不仅能为非洲基础设施建设浪潮增添新动能，还将推动区域经济深 度融合，并提升资本配置效率。 CIPS是人民币跨境支付清算的"主渠道"，也一直是我国重要的金融基础设施。 截至2025年5月底，CIPS系统参与者共有1683家，其中，直接参与者174家，间接参与者1509家，直间 参覆盖全球120个国家和地区。依托直间参网络，CIPS系统业务可通过4900多家法人银行机构覆盖全球 187个国家和地区。 中国人民银行行长潘功胜在同期举办的陆家嘴论坛上表示："经过十余年的建设与发展，中国已初步建 成多渠道、广覆盖的人民币跨境支付清算网络。" 外资银行的参与成为CIPS网络扩张的关键。星展银行（中国）环球交易服务部主管曾炜炜回忆："2015 年10月，CIPS人民币跨境支付系统正式启动，星展中国就获得了首批直接参与者资格，我们也是首家 获得这一资格的新加坡银行。星展银行与CIPS的合作 ...

Group 1 - The 2025 World Mobile Communication Conference in Shanghai focuses on themes such as 5G integration, AI+, industry interconnectivity, and empowering connectivity [1] - Counterpoint Research analysts provided insights on the rapid development of AI hardware and smart devices, emphasizing that smartphones remain irreplaceable [1] - AI terminal devices are expected to divert smartphone usage time, particularly in outdoor navigation scenarios where users may prefer AI glasses over traditional smartphones [3] Group 2 - The competition in AI/AR glasses is primarily centered around hardware challenges, particularly the optical display and chip efficiency [3] - Meta is currently leading the industry due to breakthroughs in key areas, while Google maintains software advantages but lacks in optical display technology [3] - Apple's Vision Pro showcases impressive engineering capabilities but sacrifices user comfort due to its heavy design, which is critical for consumer products [3]

值得特别关注的是，Marc Einstein在访谈中还重点阐述了中国AI教育战略的独特优势。他指出："中国在人工智能教育领域的布局也具有前瞻性。我了 解到在北京、上海一些学校已经在鼓励小学生学习AI，这种基础教育阶段的AI素养培养在全球范围内都属领先。" Counterpoint研究总监Marc Einstein 秦铭蔚/摄 "中国政府在培育初创企业方面展现出的前瞻性令人印象深刻，"Marc Einstein对记者表示，"这里构建的创新产业生态系统是独一无二的，其完善程度和 支持力度在全球范围内都堪称典范。"这位常驻东京的资深分析师特别指出，中国在政策扶持、资本对接和市场培育等方面形成的创新闭环，为科技企业提 供了得天独厚的发展环境。 Marc Einstein在深入分析中国AI产业发展时还指出，据其观察，过去一年，中国科技创新呈现爆发式增长态势，特别是在AI大模型和智能软件领域，初 创企业如雨后春笋般涌现，取得了一系列的突破性成果。"而这些都离不开（中国）地方政府的鼓励与支持，"他补充道，"不仅是一线城市，包括合肥、济 南等新兴科技城市都建立了自主可控的AI超级计算集群。在我看来，这些地方政府的基础设施投入 ...

杨冰透露，"在长期服务客户的过程中，我们也注意到，在金融机构的数据库应用中，客户往往面 临着业务规模增长、业务场景变多、IT架构应用渐趋复杂的难题，一体化数据库能有效解决相关问题。 基于一体化的产品实践，我们已实现单机分布式一体化、TP（事务处理）/AP（分析处理）一体化、 SQL（结构化查询语言）+AI（人工智能）一体化和云上云下一体化，用一个数据库解决用户80%的数 据问题。" 据悉，作为"100%根自研"的原生分布式数据库，OceanBase已实现从头部金融核心系统到中腰部金 融机构的规模化复制，特别是深入支持银行、保险、证券、基金等不同类型金融机构的核心系统。在金 融展上，OceanBase还在主会场成果展示及新品发布环节发布了面向金融场景的OceanBase 4.4.0版本， 这一版本加强了TP事务处理能力、AP实时分析能力和AI原生能力，从而满足金融机构在AI场景上的需 求。 6月18日，2025中国国际金融展在上海开幕，自研分布式数据库OceanBase CEO杨冰受邀在主会场 发表题为《攻坚关键业务系统 面向金融场景打造AI时代的一体化数据库》的演讲。杨冰表示，金融机 构的数字化转型正进入关键 ...

本届高层会议在"查塔姆规则"下进行，行业领袖们就未来协同发力的四大关键领域达成共识，具体 包括： 6月16日至18日，由马来西亚国家石油公司（下称"马石油"）主办，标普全球旗下剑桥能源周担任 知识合作伙伴的"亚洲能源论坛"（Energy Asia）在吉隆坡会展中心开幕。 本届论坛以"共塑亚洲能源转型新格局"为主题，汇聚了来自60多个国家、横跨38个行业的政策制定 者、行业领袖与能源专业人士，共同发出坚定而有力的呼吁——以果敢和协同的行动方案，加速亚洲迈 向净零未来。 马来西亚首相拿督斯里安瓦尔·易卜拉欣阁下出席论坛并主持开幕仪式。他表示，在当前全球能源 转型加速推进的背景下，亚洲能源论坛汇聚了政策制定者、行业领袖与能源专家，共同推动战略协同与 务实解决方案的落地，携手应对发展中经济体与新兴经济体在能源转型进程中所面临的独特挑战与机 遇。 四大共识 据记者了解，论坛围绕七大核心议题展开了50余场战略性对谈，深入探讨亚洲各国在提升能源安 全、加快可再生能源部署、推广脱碳解决方案、促进技术转移以及推动经济与社会发展等方面的合作与 探索。 马石油总裁兼集团首席执行官、亚洲能源论坛主席丹斯里陶菲克指出，"能源安全与气候 ...

Core Points - The Shanghai Energy Conservation Promotion Week will take place from June 23 to June 29, 2025, focusing on the theme "Energy Saving and Efficiency Improvement, Leading with 'New'" [1] - The event will feature approximately 400 green-themed activities across various sectors, including green home appliances, home decoration, 3C digital products, and new energy vehicles, aiming to create the "Green Movement in Shanghai" brand [1][4] Group 1 - The event will adopt a collaborative model involving government, enterprises, and public participation, with various activities organized by different government departments [2][3] - Notable companies such as Sheneng Group, SAIC Motor, Shanghai Bank, and Nippon Paint have been recognized as "Green and Low-Carbon Partners" during the event [2][3] - The Shanghai Municipal Economic and Information Commission will launch a "Media Open Week" to report on the latest achievements in the green and low-carbon sector [3] Group 2 - Activities will include a "trade-in" program for home appliances and furniture, with online and offline subsidies to encourage the replacement of old items [3][4] - Companies like Suning and Ele.me will offer significant discounts and subsidies for green services and products, with Suning providing up to 50% off on various services [4] - The event will also feature a series of community-focused activities, such as "Green Passport" initiatives and low-carbon knowledge competitions [7][8] Group 3 - Each district in Shanghai will host unique energy conservation activities, such as family workshops, interactive quizzes, and cultural performances to engage the community [8] - The event aims to promote green living and energy-saving practices among citizens through various engaging and educational activities [8]