12月10日至11日，中央经济工作会议在北京举行。 会议首次使用了"灵活高效运用降准降息等多种政策工具"的表述，还首次提出将"存量政策和增量政 策"纳入宏观政策取向一致性评估。 在宏观政策相关的诸多新表述背后，多位受访者认为，明年的政策制定可能不会过度关注短期内的刺激 效果，更多着眼于"十五五"整体经济的长远发展规划，既关注新增政策的出台，也重视已有政策的落实 落细，体现对宏观政策协同以及落地效果的重视。 招联首席研究员董希淼也指出，"灵活"表明将根据内外部环境变化和经济发展需要，适时运用货币政策 工具，该出手时就出手；"高效"表明运用降准降息等工具时，要更多考虑政策有效性和针对性，既要加 大力度支持经济增长，也要加强防范资金空转、地方债务等风险。同时，要进一步畅通货币政策传导， 推动金融"活水"以更高效率滴灌实体经济和普通大众。 货币政策空间进一步加大 节奏将呈现小幅、灵活的特点 每年中央经济工作会议对于降息降准等工具运用的表述，都是市场关注的焦点。此次会议明确，明年货 币政策将继续适度宽松，但首次使用了"灵活高效运用降准降息等多种政策工具"的表述。 在业内看来，此次会议通过"灵活高效"的四字表述，释放出了 ...

今年8月，新京报曾刊发调查报道，大连富生制药有限公司推出的"富力博士人参皂苷Rg3"刻意暗示具备抗肿瘤功效，实为固体饮料类普通食品。律师表 示，这种行为可能构成《中华人民共和国反不正当竞争法》中的"混淆行为"。据《中华人民共和国反不正当竞争法》第六条规定，经营者不得实施引人误认 为是他人商品或者与他人存在特定联系的混淆行为。若被认定违法，可根据情节处以罚款，违法所得将被没收。报道刊发后，商家将涉事产品下架。 时隔数月，记者回访发现，相关产品已重新上架销售。销售页面未再明示功效，但宣传图文中的部分介绍、奖项等素材，仍与抗癌药物"参一胶囊"关联。 修改部分宣传后再次上架 今年8月19日，新京报刊发《高价人参皂苷食品暗示抗癌功效，富生制药被指虚假宣传》一文，报道了富生网健保健食品专营店售价达1780元/盒的"富力博 士人参皂苷Rg3"产品通过官网、电商页面的"科研成果展示""AI智能解答"等多种方式，暗示具有抗肿瘤功效，甚至与已获批的抗癌药物"参一胶囊"捆绑，而 产品实为固体饮料，属于普通食品。报道中，面对记者"产品能否抗肿瘤"的咨询，店铺客服未直接回应，而是发送了一张"DeepSeek智能AI"的对话截图。截 图 ...

Core Viewpoint - The article highlights the illegal activities surrounding a drone battery repair service that was actually involved in hacking battery management systems and flight altitude restrictions, leading to significant safety risks in drone operations [1]. Group 1: Illegal Activities - The Shanghai police have recently cracked down on five cases providing hacking services for illegal drone flights [1]. - A specific online store was found to be offering suspicious services such as "drone battery endurance upgrade" and "battery unlocking," which exceeded normal repair services [6]. - The operator of the store, identified as Hu, initially sold non-original drone batteries but later expanded to hacking services to increase profits, compromising battery safety mechanisms [6]. Group 2: Hacking Services Offered - Hu began offering additional services for unlocking flight altitude restrictions and no-fly zone access after a customer inquired about such capabilities [8]. - He acquired a hacking system from an illegal overseas website and spent weeks researching and testing it before adding these services to his online store [8]. Group 3: Legal Consequences - Hu was arrested at his store where police seized computers, hacking software, and unauthorized drone batteries [9]. - He charged between 200 to 500 yuan for his hacking services, accumulating over 10,000 yuan in illegal profits before his arrest [9]. - Hu is currently facing criminal charges for providing tools for unauthorized access and control of computer information systems [10].

Core Insights - The emergence of AI and embodied intelligent robots reflects significant technological changes over the past year, highlighting the public's desire for a more human-like experience in the digital world [1] - The State Council's recent implementation opinions aim to accelerate the cultivation of scenarios and promote large-scale applications, linking technological breakthroughs with practical life improvements [3] - New consumption paradigms are emerging from these scenarios, with a deep integration of digital and physical economies, leading to a dual trend of rational upgrading and emotional resonance in the consumer market [4] Policy and Technological Integration - The implementation opinions from the State Council provide a clear framework for transforming laboratory technologies and policy blueprints into practical applications in daily life [3] - The focus on "scene applications" is emphasized as a key term, showcasing how policy benefits translate into visible conveniences in everyday life [3] Consumer Behavior Trends - The younger generation is characterized by a rejection of being labeled, balancing rational spending with a willingness to invest in personal interests and emotional values [4] - This dual approach reflects a shift in consumer behavior, where practicality meets emotional engagement in purchasing decisions [4] Annual Case Collection Initiative - The 2025 "Smart Life" annual case collection aims to explore the integration of technology and daily life, focusing on the practical value behind "scene applications" in various sectors [5] - The initiative will prioritize the effectiveness of implementation, inclusive value, and user experience, rewarding companies that adhere to quality standards and promote technology for good [7] Evaluation Process - The evaluation of the annual cases will involve a tripartite approach, including enterprise registration, expert scoring, and real user feedback, assessing innovation, practicality, inclusiveness, and social responsibility [8]

新京报贝壳财经讯 12月11日，南都电源发布公告称，公司于近日收到控股股东杭州南都电源有限公 司、上海益都实业有限公司、上海南都集团有限公司通知，获悉其正在筹划控制权变更、促进再生铅板 块股权出售的相关事宜。公司股票自12月12日开市起停牌，预计停牌时间不超过2个交易日。 ...

新京报贝壳财经讯 12月11日，中威电子发布公告称，公司控股股东新乡市新投产业并购投资基金壹号 合伙企业（有限合伙）与济南君川科技合伙企业（有限合伙）签署了相关协议。权益变动完成后，公司 控股股东仍为新乡产业基金壹号，公司实际控制人由新乡市人民政府变更为付英波。公司股票将于2025 年12月12日复牌。 ...

中央经济工作会议12月10日至11日在北京举行。会议指出，我国经济发展中老问题、新挑战仍然不少，外部环境变化影响加深，国内供强需弱矛盾突出，重 点领域风险隐患较多。这些大多是发展中、转型中的问题，经过努力是可以解决的，我国经济长期向好的支撑条件和基本趋势没有改变。要坚定信心、用好 优势、应对挑战，不断巩固拓展经济稳中向好势头。 新京报贝壳财经记者对比往年内容发现，本次会议在政策取向上突出"稳中求进、提质增效"，并提出"发挥存量政策和增量政策集成效应"。会议强调，要着 力稳就业、稳企业、稳市场、稳预期，传递出明年经济工作将更注重结构优化、风险化解与民生实质改善的新信号。 2025年中央经济工作会议多项提法更新升级，释放明年经济工作稳中求进、提质增效新信号。 推动标志性改革举措落地见效。 高质量完成国有企业改革深化提 升行动,出台民营经济促进法。 开展规范涉企执法专项行动。制 定全国统一大市场建设指引。加 强监管,促进平台经济健康发 展。 开展"人工智能+"行动,培育 人工智能 未来产业。加强国家战略科技力 量建设。 促进居民收入增长和经济增长同 步。实施提振消费专项行动，推 动中低收入群体增收减负。 高质量完成 ...

Core Viewpoint - R&F Properties is facing significant financial distress, leading to the forced sale of its hotel assets, which were once considered core to its business strategy. The company has seen a drastic reduction in its hotel portfolio from nearly 90 to just 22 properties, primarily due to debt pressures and liquidity issues [1][2][6]. Group 1: Asset Sales and Financial Performance - The Zhengzhou R&F Wanda Hotel was sold for 328 million yuan, approximately 70% of its reference price of 469 million yuan, highlighting the company's struggle to liquidate assets at favorable prices [1]. - In November, another hotel in Quanzhou was sold for 330 million yuan, 30% below market reference price, indicating a trend of undervalued asset sales [2]. - R&F's hotel revenue plummeted by 70% year-on-year to 827 million yuan in the first half of 2025, reflecting the severe impact of asset disposals and operational challenges [5]. Group 2: Debt and Restructuring Challenges - As of mid-2025, R&F Properties reported a net loss of 4.082 billion yuan, exacerbated by the ongoing downturn in the Chinese real estate market and declining income from property development [6]. - The company's total debt reached 104.52 billion yuan, with a staggering asset-liability ratio of 408%, indicating a critical liquidity crisis [6]. - R&F is attempting to restructure approximately 4.53 billion USD in unpaid senior notes, which is crucial for its survival and could significantly reduce its debt burden if successful [6][7]. Group 3: Future Outlook and Strategic Direction - R&F Properties plans to continue asset sales to generate liquidity, with expectations of further divestitures in 2025, although the timing and success of these sales remain uncertain [3][4]. - The company has lost management control over 68 hotels due to a debt-related takeover, further complicating its operational landscape and asset management [4]. - The ongoing asset sales and restructuring efforts are seen as necessary steps for R&F to navigate its financial difficulties, but the path to sustainable recovery remains challenging [7].

寒冬已至，街头巷尾的年轻消费者手中，一个造型独特的猫爪手提盒成为引人注目的温暖符号。盒身上，一只由黑糖珍珠演化而来的猫咪——"珠咪"，正伸 出圆爪向世界打招呼。这并非某个宠物品牌的创意，而是茶饮品牌CoCo都可连续三年推出的冬日限定IP。 从"珠咪"的初诞生，让全网猫咪有了可爱的"共用名"；到CoCo都可落地全国首家宠物友好门店，并联合复旦猫协启动"流浪动物救助计划"；而今年CoCo再 次将公益触角延伸至全国高校，"珠咪"并非昙花一现的营销创意，而是能让消费者期待的"老朋友"。 公益IP的体系化构建与进化 当前，涉足宠物经济和公益的品牌并非少数。然而，许多案例仍停留在单点、短期的营销层面，源自于CoCo最具认知度的小料——珍珠，"珠咪"是从品牌 资产中生长出来的IP，具备天然的亲和力与辨识度，品牌对其进行了体系化构建与长期运营。 在公益层面，CoCo都可关注到校园里小猫"寒假生存难""抵抗力下降""易得传染病"等切实痛点，将公益合作网络扩展至全国高校猫协，为校园的猫咪们捐 赠"暖心公益礼包"。 "珠咪"不变的善意内核 对一个独立IP来讲，很多都逃不过"一年红、二年淡、三年忘"的命运。相反，"珠咪"的逐年长红及 ...

随着我国步入深度老龄化社会，与年龄密切相关的心脏瓣膜病正成为影响高龄人群健康的重要疾病。 《心脏瓣膜病治疗进展》数据显示，我国约有2500万人受到不同程度的瓣膜疾病困扰，瓣膜病已成为我 国继冠心病、高血压之后的第三大心血管疾病。其中，65岁以上老年人为心脏瓣膜病高危人群，平均每 10位65岁以上老人中，大约就有1位存在心脏瓣膜问题。 中国医学科学院阜外医院潘湘斌教授表示，"心门"老化不可忽视，应警惕主动脉瓣狭窄"三联征"，高龄 不再是手术禁忌，微创技术为高龄患者带来治疗新选择。 警惕主动脉瓣狭窄"三联征" 过去，瓣膜疾病以风湿性病变为主，现在，随着人均寿命的增长，瓣膜疾病转变为以退行性病变为主。 潘湘斌教授表示，对于高龄患者来讲，老年退行性瓣膜病非常常见。即使在睡眠中，瓣膜也在工作，因 此，只要活得足够长，心脏瓣膜就会因长期负荷逐步老化。在所有瓣膜疾病里，主动脉瓣狭窄尤为凶 险。它进展较快，一旦出现症状，患者的猝死风险明显增加。"主动脉瓣狭窄在老年人中常见且危重， 若不进行有效干预，重度主动脉瓣狭窄患者的2年生存率仅为50%，5年生存率仅为20%。"潘湘斌教授 提醒道。 主动脉瓣狭窄的典型症状包括呼吸困难、心 ...