经济观察报记者 刘晓林 过去一周，欧洲签署的一项重要的汽车合作开发协议引发汽车业关注，但没有 人能判断这一旨在提升"软实力"的联合开发是否会取得预期的结果。 构建独立于中美的开源软件生态的背后，是欧洲汽车业强化话语权的诉求。不过，包括国内某头部智能 驾驶和软件开发公司在内，接受经济观察报采访的汽车专业人士皆表示，该联盟虽然有望局部缓解欧洲 汽车业的软件困境，但在车企巨头合作效率、创新抑制的可能，以及能否抓住时间窗口等关键问题上， 不确定性仍高度存在。 对于该软件合作开发的成果是否会应用于中国市场，各受访企业给予的回复并不相同。宝马更是以7月 13日与中国智驾科技公司momenta达成合作的最新进展作为回应。 "欧洲方案"再突破：代码优先 公开信息显示，新成立的欧洲汽车软件联盟依托 Eclipse 基金会及其 S-CORE 项目展开合作。Eclipse基 金会是全球最大的开源软件基金会之一，其S-CORE项目在2024年年底成立，是首个专为软件定义车辆 （SDV）设计的开源核心软件堆栈。 在德国汽车工业协会（VDA）组织下，大众、宝马、奔驰、博世、大陆、采埃孚以及法国零部件企业 法雷奥等11家汽车巨头签署合作联 ...

Core Insights - The financial district's dining scene is undergoing significant changes, shifting from high-end, private dining experiences to more accessible, family-oriented options due to stricter corporate dining policies and changing consumer behavior [2][4][5] Group 1: Changes in Consumer Behavior - Financial institutions have implemented stricter dining reimbursement policies, reducing the per capita reimbursement standard to around 200 yuan, leading to a decline in high-end dining frequency [5][6] - Many high-frequency customers are opting for company cafeterias instead of dining out, reflecting a broader trend of reduced business travel and dining expenses [6][8] - The average dining expenditure in some restaurants has dropped from 220 yuan to around 160 yuan, with goals to further reduce it to 130-150 yuan to attract family consumers [11][12] Group 2: Industry Adaptations - Restaurants are reducing service staff and altering menus to lower costs, such as replacing premium ingredients with more affordable options to maintain profitability [4][12] - The shift from private client management to online marketing strategies is evident, as restaurants now focus on attracting a broader customer base through platforms like Dazhong Dianping [13][22] - The competitive landscape has intensified, with mid-range restaurants lowering their prices to compete with high-end establishments that are also reducing their price points [11][12] Group 3: Historical Context and Future Outlook - The financial district has historically been a lucrative area for high-end dining, but recent economic pressures and changing consumer preferences have led to a decline in profitability for many establishments [14][20] - Some restaurant owners are considering relocating to areas with lower rent and a more diverse customer base, indicating a strategic pivot in response to market conditions [21][22] - The industry anticipates a potential recovery as weaker competitors exit the market, with some operators planning to expand once conditions improve [23]

7月15日，由中国广告协会主办的2025（第21届）中国广告论坛·城市文旅品牌论坛在内蒙古自治区呼和 浩特市开幕。作为中国广告行业规格最高、规模最大、影响力最广的年度盛会之一，本届论坛以"AI推 动广告新阶段·品牌提升发展高质量"为主题，聚焦人工智能、区域品牌与文旅产业的深度融合，搭 建"广告+品牌+文旅"三位一体的创新交流平台，全面展示新时代广告业在技术革新、品牌塑造与产业 共融中的巨大潜能。 论坛首次走进"青城"呼和浩特，立足北疆文化厚土与数字经济新动能，依托其强劲的算力基础与文旅资 源优势，展现广告行业与区域经济、城市品牌共融共生的广阔前景。来自政产学研的行业代表齐聚一 堂，共同围绕广告业的结构性转型与价值重构展开思想碰撞。 论坛开幕式由中国广告协会会长、国际广告协会全球副主席张国华主持。"在被誉为草原丝路明珠的呼 和浩特，我们齐聚一堂，共赴2025中国广告论坛之约。"张国华表示，这座城市不仅承载着敕勒川草原 的豪迈情怀，更拥有"中国云谷"的强大算力，正以文旅融合的方式谱写崭新篇章。第21届中国广告论 坛"呼和浩特欢迎您"的热情邀约，也已在全国各大城市大屏小屏闪耀呈现，形成了令人瞩目的"全国亮 屏"效应 ...

Core Insights - Qualcomm is accelerating the deployment of AI capabilities across various terminals, leveraging innovation and market opportunities to deepen industry collaboration and drive technological innovation [1] Group 1: Qualcomm's Commitment to China - 2025 marks an important milestone as Qualcomm celebrates 30 years in China, emphasizing its role as a leading player in global connectivity and computing [2] - Qualcomm provides essential chip solutions such as modems, processors, and RF front-end modules, facilitating innovation in smart terminals, automotive, and IoT sectors [2] - The company highlights the importance of open collaboration in the industry, positioning China as a significant source of global innovation [2] Group 2: AI Deployment and Product Showcase - Qualcomm is partnering with various Chinese ecosystem partners to deploy AI applications on a wide range of devices, including smartphones, automobiles, XR headsets, PCs, and industrial IoT terminals [2] - At the expo, Qualcomm showcased four XR terminal products from companies like Xiaomi and PICO, including the newly launched Xiaomi AI smart glasses and PICO 4 Ultra [2] Group 3: Global Market Adaptation - Qualcomm's support for Chinese clients enables rapid adaptation of products to global markets, with Chinese brands occupying eight of the top ten global smartphone positions [3] Group 4: Industry Collaboration and Innovation - The key to Qualcomm's success in China is "deepening collaboration," which has proven essential for industry upgrades [4] - Qualcomm has displayed a range of Snapdragon-enabled smart terminals at the expo, including flagship smartphones from Chinese brands, showcasing over 100 product designs supporting diverse AI applications [4] - The company has expanded its manufacturing capabilities in Wuxi to meet the growing demand in the 5G sector and established joint innovation centers in collaboration with local governments [4] Group 5: Automotive Sector Transformation - Qualcomm's Snapdragon digital chassis solutions are transforming vehicles from mechanical products to intelligent mobile terminals, supporting over 210 models from various Chinese automotive brands since 2023 [5] - The Li Auto MEGA, featuring the fourth-generation Snapdragon cockpit platform, was highlighted for its advanced graphics processing and local AI capabilities, enhancing user interaction within the vehicle [5]

在过去的2024财年维他奶实现收入为62.74亿港元，同比增长1%；毛利为32.18亿港元，同比增长3%；毛利率增至51.3%；公司股权持有人应占溢利为2.35亿 港元，同比增长102%。维他奶表示，其中内地市场的销售表现在财政年度下半年有所改善，最终全年销售额呈温和增长趋势。 王栋表示，维他奶利润的改善是由多重因素共同推动的。对整体业务而言，首要驱动力是业务规模的稳定与恢复增长。同时，维他奶对内部管理流程和运营 效率进行了系统梳理与优化，在销售预测、生产计划及物流体系管理等方面实现了精细化提升。此外，上一财年，维他奶加强了销售执行，提高了运营效 率。未来该公司也将继续提升营运效率和降低原材料成本，从而进一步改善盈利能力。 在前不久发布了截至2025 年3月31日止的2024财年年报后，针对内地市场的发展，维他奶中国内地行政总裁王栋近日向媒体做了进一步的介绍与解答。 在2024财年的业绩发布会上，维他奶执行主席罗友礼曾表示，维他奶的产品未来在内地不会再降价。对于该表态，王栋进一步解释，罗友礼的表达出于战略 框架层面的考量。 王栋进一步介绍，在产品策略方面，维他奶拥有丰富的产品储备及香港市场的成功经验。进入内地 ...

7月5日，20多名小学生来到光明东滩源智慧农业科创示范基地参观学习。当天，"青少年科技素养提升计划——科技燃梦·科技型企业开放日"活动走进世界 级生态岛上海崇明区。 平安集团副总经理、首席财务官付欣参加了本次活动，并作为平安志愿者代表，现场为上述学生们讲授了一堂别开生面的"青少年科技素养提升计划"情景 课，介绍现代保险+创新技术如何破解传统农业"靠天吃饭"的困境。 以弥合城乡教育之间的鸿沟为起点 茄瓜的叶子黄了，究竟是自然枯萎还是虫害所致？稻子生病了，如何分辨它是叶斑病还是稻瘟病并对症下药？农业生产最怕的就是自然灾害，有没有办法减 小它带来的损失？ "青少年科技素养提升计划"是由中国下一代教育基金会与中国平安于2019年联合发起的全国性乡村科教公益项目。"众所周知，城市和乡村的教育资源具有 很大差异性，当初我们之所以联合发起这一项目，就是要弥合城乡教育之间的鸿沟。"付欣在活动中接受媒体采访时说。 7月5日上午，在光明东滩源的智慧农田里，学生们在付欣的带领下分组体验了一场如何用农业AI技术对植物病虫害进行诊疗的实践活动。借助平安产险"爱 农宝APP"的多光谱成像技术，孩子们对染病稻苗进行AI诊断，系统即时生成包 ...

2008年4月，上海大众南京工厂建成投产，工厂采用德国标准生产线，当年便投产上万辆桑塔纳。2010年代，南京工厂成为中高端轿车帕萨特的"摇篮"。 2015至2018年，上汽大众凭借帕萨特等热销车型，蝉联全国乘用车厂商销量冠军。 近日，行业内有消息称，大众汽车集团（下称"大众"）及其中国合作伙伴上汽集团将关闭双方在南京的合资工厂，该工厂的生产已经停滞，预计将在下半年 逐步关闭。 7月15日，经济观察报就南京工厂关闭的消息咨询了大众中国，对方回应称："上汽大众持续深化落实'在中国 为中国'战略，携手股东双方加速向电动化和智 能网联汽车时代转型。作为战略落实的一环，上汽大众对产能进行相应的调整，并优化生产网络布局。" 上汽大众南京工厂落成于2008年，是上汽大众在华拓展产能的关键一步。2008年4月，时任大众CEO文德恩与时任上汽集团董事长胡茂元共同为上海大众 （上汽大众前身）南京工厂揭幕。 "南京燃油车工厂关闭，对大众而言是'壮士断腕'，也是其电动化转型进入'深水区'的标志。"中国企业资本联盟副理事长柏文喜对经济观察报表示。 关停背后的经济账 上汽大众南京工厂的前身是原南汽旗下的南京菲亚特工厂。2007年上汽收购 ...

Core Insights - The air conditioning market in Northeast China is experiencing unprecedented demand, with sales in Heilongjiang and Jilin provinces showing significant year-on-year growth rates of 817.68% and 438% respectively during late June to early July [1][4] - Major companies like Midea and TCL are mobilizing engineers from various regions to meet the surge in installation orders, with Midea dispatching over 700 engineers and TCL sending more than 650 engineers to support the Northeast [1][2] Group 1: Market Dynamics - The Northeast region has seen air conditioning orders maintain a daily growth rate exceeding ten times for over ten consecutive days, a phenomenon not observed in other regions [2][3] - TCL reported that its daily sales in the Northeast during the peak period increased by over ten times compared to the same period in 2024, with sales reaching 14 times and 15 times on specific days [1][2] Group 2: Installation Challenges - The installation of air conditioning units in Northeast China faces unique challenges due to the thick walls of local buildings, which can be 70 to 120 centimeters thick, compared to about 30 centimeters in Zhengzhou [2][3] - The time required for installation has increased significantly, with engineers needing 2 to 4 hours to drill through the thick walls, compared to 30 minutes to 1 hour in southern regions [3][4] Group 3: Weather Impact - An unusual heatwave has hit the Northeast, with temperatures exceeding 30°C starting from June 24, which is earlier and more intense than typical for the region [4][5] - The high temperatures have led to a substantial increase in air conditioning sales, contrasting with the stable performance seen in southern cities during promotional periods [4][5] Group 4: Market Penetration - Historically, the Northeast has not been a major market for air conditioning, with ownership rates significantly lower than in provinces like Jiangsu and Zhejiang [5] - As of the end of 2023, the average number of air conditioning units per hundred households in Heilongjiang was only 15.6, indicating substantial room for growth in this market [5]

Group 1: Talent Acquisition and Market Dynamics - Leading quantitative private equity firms are offering million-level annual salaries and substantial equity incentives to attract top quantitative researchers, indicating a competitive talent market [2] - The current quantitative talent market is experiencing a bifurcation, with top-tier talent in high demand while junior talent faces increasing competition, requiring advanced qualifications to gain recognition [2][6] - Many quantitative private equity firms are struggling to retain talent due to insufficient resources, leading to a cycle of high salaries but low output [2][6] Group 2: Impact of AI on Quantitative Research - AI is transforming the quantitative strategy development process, reducing the need for deep involvement from quantitative researchers as AI models can now handle data processing and strategy adjustments [3][9] - The relationship between AI and quantitative researchers is seen as complementary rather than purely substitutive, with AI enhancing the ability to manage extreme market conditions [4][9] - Despite the potential for AI to improve efficiency, many quantitative researchers express concerns about job security as AI increasingly takes over tasks traditionally performed by humans [3][10] Group 3: Performance Metrics and Strategy Development - As of mid-2023, quantitative private equity firms have outperformed the market, with an average return of 10.87%, significantly higher than the Shanghai and Shenzhen 300 Index [5] - The average return for quantitative long-only strategy products reached 15.42%, surpassing the average return of other equity strategy products [5] - Firms are focusing on attracting more talented quantitative researchers to enhance strategy development and ensure sustained performance in a competitive market [5][6] Group 4: Challenges in the Quantitative Investment Sector - The shortage of qualified quantitative analysts is a pressing issue, with only a few hundred new analysts entering the market annually, leading to intense competition for top talent [6] - The demand for hybrid talent, skilled in data engineering, high-performance computing, and quantitative strategy development, is growing, but supply remains limited [6][10] - The rapid evolution of AI in quantitative strategy development is reshaping the skill set required for success, emphasizing the need for continuous learning and adaptation among quantitative researchers [10]

Company Performance - Kunlun Trust reported a net profit of 108 million yuan for the first half of 2025, a significant increase of over 420% compared to the same period in 2024 [2] - The company achieved operating revenue of 280 million yuan, representing a year-on-year growth of 99.0%, despite a 40.8% decline in net commission income [2] - The notable improvement in profitability is attributed to a turnaround in fair value changes, which shifted from a loss of 218 million yuan in 2024 to a gain of 78 million yuan in 2025 [2] Business Development - In the first half of 2025, Kunlun Trust added nearly 200 new trust projects, with asset management business scale increasing by over 70% year-on-year [2] - The company successfully reversed two consecutive years of losses in 2024, achieving a net profit of 22.69 million yuan and a 219% increase in operating revenue to 680 million yuan, with managed assets exceeding 340 billion yuan [2] Industry Challenges - Despite strong performance, Kunlun Trust faces challenges such as declining commission income and volatility in investment returns, reflecting pressures from industry transformation and changes in fee structures [3] - The company’s investment returns are subject to uncertainties due to market fluctuations and interest rate changes, testing its asset allocation and risk management capabilities [3] Company Background - Kunlun Trust, established in 1986 and controlled by China National Petroleum Corporation, has a registered capital of 10.2 billion yuan, positioning it among the industry leaders [3] - The company went public in February 2017, alongside other financial enterprises under China National Petroleum [3]