21世纪经济报道
Search documents
新“新三样”领跑,接力中国资产重估
21世纪经济报道· 2025-09-23 06:19
Core Viewpoint - The article emphasizes the emergence of a new paradigm in China's economy, termed the "new new three samples," which includes robotics, artificial intelligence (AI), and innovative pharmaceuticals, as key drivers for high-quality economic development and a shift from traditional growth models to technology-led advancements [1][4][29]. Robotics Sector - The robotics sector has seen significant market capitalization growth, with companies like Huichuan Technology exceeding 200 billion yuan and several stocks doubling in price within the year [2][13]. - The market for industrial robots in China is projected to reach 302,000 units in 2024, maintaining its position as the largest industrial robot market globally [30]. - Key challenges include reliance on imported high-end servo motors and precision components, which need to be addressed to enhance domestic capabilities [33]. Artificial Intelligence Sector - The AI sector is characterized by a large number of high-value companies, with six firms exceeding a market cap of 100 billion yuan, including Cambricon and Hikvision [19]. - The demand for AI capabilities has surged, particularly in large model applications, leading to significant revenue growth for companies like Industrial Fulian and Cambricon, with year-on-year increases of 35.58% and 4347.82%, respectively [20]. - The sector is supported by national policies aimed at integrating AI into various industries, with a comprehensive action plan released to enhance AI's role in economic development [22]. Innovative Pharmaceuticals Sector - The innovative pharmaceuticals sector is represented by major players like Heng Rui Medicine, which is nearing a market cap of 500 billion yuan, and BeiGene, which recently achieved profitability [24][28]. - Recent policy measures have been introduced to support the development of innovative drugs, including streamlined approval processes and enhanced reimbursement mechanisms [27]. - The sector is witnessing a shift from loss-making to profitability, with companies like BeiGene demonstrating the commercial viability of innovative drug models [28]. Strategic Importance - The "new new three samples" signify a transition from scale-driven manufacturing to technology-driven innovation, crucial for enhancing China's global competitiveness and economic resilience [7][9][31]. - The collaboration among robotics, AI, and innovative pharmaceuticals creates a synergistic effect that strengthens overall productivity and fosters new business models [8][31]. - Addressing the "bottleneck" issues in these sectors is essential for sustaining growth and achieving leadership in global technology competition [32][33]. Policy Recommendations - To enhance competitiveness, policies should focus on data openness, regulatory reforms, and infrastructure development to support AI and innovative pharmaceuticals [35][38]. - Establishing a robust talent pipeline and fostering interdisciplinary education will be critical for sustaining innovation in these sectors [37][38]. - Encouraging public-private partnerships and international collaboration will further strengthen China's position in the global market [39].
实地探访:喜马拉雅山烟花秀三天后现场仍有痕迹
21世纪经济报道· 2025-09-23 06:19
9月19日16点30分,某户外品牌联手烟花设计师蔡国强,在西藏日喀则市江孜县热龙乡举办 了"升龙"艺术烟花活动。活动一经发布瞬间引发公众质疑。这场由企业赞助的"烟花秀"是否破 坏青藏高原生态环境?对当地野生动植物有何影响?一旦造成伤害该如何修复?总台央视记者 赶赴活动举办地实地调查。 根据我国《中华人民共和国草原法》《中华人民共和国野生动物保护法》《青藏高原生态保护 法》的规定,禁止在生态脆弱区的草原上从事破坏草原植被、破坏野生动物栖息地的活动,一 旦破坏自然景观或者草原植被需受到法律的惩处。 总台央视记者 蒋晓平 : 在"升龙"艺术烟花活动举办地,日喀则市江孜县热龙乡"查琼嘎日"山 的山脚下,三天后现场还能看到活动留下的痕迹。 据了解,艺术烟花活动燃放时间52秒,共燃放烟花1050盆,采取钢筋扦插固定方式悬挂和烟花 箱方式燃放。活动地点所在地的山体海拔4500米,植被以高山草甸为主,虽然不涉及自然保护 区、风景名胜区等自然保护地和生态保护红线,也不涉及林业,但距离最近水体约30米,距离 最近的冰川约6公里。 江孜县工作人员: 当时我在现场的时候,好像看到了四次燃放烟花,第一次是"升龙",从山 脚一直延续到山 ...
拆解菜鸟物流科技破圈密码:LV、宝马和麦当劳,为何明星品牌都选它?
21世纪经济报道· 2025-09-23 06:19
如果只是把菜鸟当成一家提供全球性仓库和配送的物流公司,是对菜鸟的低估,菜鸟的科技 产品也正走向全球。 菜鸟显然正在抓住这个机遇。在峰会现场,菜鸟公布了物流科技的几个关键性数字:形成了7 条亿级收入的科技产品线,交付能力覆盖全球3 6个国家和地区,与世界5 0 0强中的2 6家达成科 技合作,物流科技海外增长同比超过1 5 0%。 从这四个数字,可以看出菜鸟的科技增长密码。 做物流科技行业的"全科生" 菜鸟7条亿级产品线的背后,实则是菜鸟独有的物流运营+科技研发双能力、数字化+自动化双 产品带来的独特的产品竞争力,既有技术领先,又擅长场景贴合。 在今年菜鸟全球智慧物流峰会上, LV中国、华晨宝马、新加坡邮政、中兴通讯和麦当劳中国 等一众品牌负责技术的高管亮相,他们或参与圆桌讨论,或做主题分享,聚焦探讨物流科技 对物流供应链的影响。 这其实是一份无意间露出的菜鸟物流科技客户名单。不仅国际快递公司在与菜鸟合作自动化 分拨设备,从奢侈品、餐饮再到制造业,无论哪个行业,都在与菜鸟在数字化、自动化等方 面达成合作,从而促成物流供应链的提效降本,或者体验的提升。 在当前竞争加剧的背景下,对任何一家公司来说,供应链管理都是成 ...
火腿第一股跨界造芯片,市值飙升近10亿元
21世纪经济报道· 2025-09-23 06:19
Core Viewpoint - Traditional ham producer Jinzi Ham is attempting to enter the rapidly growing semiconductor sector with a 300 million yuan investment, which led to a significant increase in its market value by nearly 1 billion yuan in a single day [1][2]. Investment Details - Jinzi Ham's wholly-owned subsidiary, Fujian Jinzi Semiconductor Co., Ltd., plans to invest up to 300 million yuan to acquire no more than 20% equity in Zhongsheng Microelectronics (Hangzhou) Co., Ltd. [3] - The investment will occur in two rounds, with the first round involving 100 million yuan based on a pre-investment valuation of Zhongsheng Microelectronics between 1 billion yuan and 1.3 billion yuan [3]. Company Background - Jinzi Ham, established in 1994 and listed in 2010, primarily produces various types of ham and meat products, including sausages and marinated meats [4]. - The recent cross-industry move into semiconductors is attributed to a change in the company's controlling shareholder and management team, who are optimistic about the future of Zhongsheng Microelectronics [4][5]. Financial Performance - Jinzi Ham's financial performance has been under pressure, with a reported revenue of 170 million yuan in the first half of 2025, a decline of 14.73% year-on-year, and a net profit of 22.92 million yuan, down 25.11% [5]. - The company has previously attempted to diversify into other sectors, such as healthcare and internet finance, but these efforts were largely unsuccessful [4]. Market Context - Zhongsheng Microelectronics, founded in 2019, focuses on high-speed optical module core chip research and development, with applications in AI, cloud computing, and 5G technologies. However, it has not yet achieved profitability, reporting a revenue of 51,110 yuan and a net loss of 20.37 million yuan in the first seven months of the year [3].
三大指数调整,银行股回暖,芯片、摩尔线程概念持续活跃
21世纪经济报道· 2025-09-23 04:28
Market Overview - A-shares opened high but experienced a downward trend, with the Shanghai Composite Index falling below 3800 points, closing at 3781.61, down 1.23% [1] - The Shenzhen Component Index dropped 1.84%, and the ChiNext Index fell 1.75%, with over 4900 stocks declining in the market [1][2] Sector Performance - Banking stocks showed signs of recovery, with notable gains in Nanjing Bank (up over 4%) and other major banks like Agricultural Bank and Construction Bank rising by 3% [10] - The semiconductor sector remained strong, with stocks like Changchuan Technology and Lianang Microelectronics hitting the daily limit [11] - The tourism sector faced significant declines, with Yunnan Tourism hitting the daily limit down [7] Bond Market - Government bond futures fell across the board, with the 30-year main contract down 0.52% [5] - The People's Bank of China conducted a 7-day reverse repurchase operation of 276.1 billion yuan, resulting in a net withdrawal of 10.9 billion yuan for the day [5] Gold Market - International gold prices reached a new high of $3759 per ounce, with domestic gold jewelry prices also rising, such as Chow Tai Fook's gold jewelry priced at 1098 yuan per gram [14] Consumer Electronics - The consumer electronics OEM index fell by 3.01%, with significant declines in stocks like Saiwei Electronics and Furi Electronics [9] - OpenAI is reportedly collaborating with companies like Luxshare Precision to develop consumer-grade AI devices, although Luxshare has not confirmed this [9]
银监法修订获关键进展
21世纪经济报道· 2025-09-23 04:28
记者丨 郭聪聪 编辑丨杨希 9月22日下午3点,国务院新闻办公室举行了"高质量完成'十四五'规划"系列主题新闻发布会, 国家金融监管总局局长李云泽在会上表示,"行业重要法律修订取得重大进展",他特别提到, "上周银监法修订草案已获国务院常务会议讨论通过,保险法修订也在加快推进"。 李云泽重点提到的 "银监法修订草案" 是指9月19日的重要会议——当日,国务院总理李强主持 召开国务院常务会议,讨论并原则通过《中华人民共和国银行业监督管理法(修订草案)》, 决定将草案提请全国人大常委会审议。 21世纪经济报道记者注意到,多项金融领域重点立法正在协同推进。2025年4月,在全国 人大常委会公布的年度立法工作计划中,明确将金融法、金融稳定法列入继续审议或初次 审议的法律案,此外,保险法修订草案也被纳入预备提请审议的草案之列。 中国社会科学院法学研究所副研究员肖京在接受21世纪经济报道记者采访时表示,在当前制定 金融法、金融稳定法的关键阶段,银行业监督管理法修订工作取得重大新进展,意味着金融领 域协同立法进程正在进一步加快,金融立法更加注重系统性、协调性、统一性,中国特色现代 金融法治体系正在逐步形成。 银行业规模迅猛 ...
秋分丨钓鱼经济,“钓”动市场新活力
21世纪经济报道· 2025-09-23 04:28
Core Viewpoint - The article discusses the rising popularity of fishing among younger generations in China, highlighting its transformation into a vibrant economic sector with significant market potential and emotional appeal [1]. Group 1: Market Growth and Demographics - The fishing community in China has grown to approximately 140 million active anglers, with individuals aged 25 to 44 constituting 46% of this demographic [4][8]. - From 2018 to 2023, the number of fishing enthusiasts in China increased at a compound annual growth rate (CAGR) of 5.9% [4]. - As of September 9, there are 119,600 fishing-related enterprises in China, with 8,000 new registrations this year, indicating strong growth [4][6]. Group 2: Industry Dynamics - The fishing tackle market in China expanded from 23.4 billion yuan in 2018 to 31.8 billion yuan in 2023, achieving a CAGR of 6.3% [8]. - The market is expected to continue growing at a CAGR of 7.3% from 2023 to 2028 [8]. - The fishing equipment sector has diversified, offering products ranging from beginner kits to professional gear, catering to various fishing environments and conditions [8]. Group 3: Regional Distribution - The distribution of fishing-related enterprises in China is as follows: East China (36.68%), Central China (17.73%), North China (17.13%), South China (12.40%), Southwest (9.10%), Northwest (3.22%), and Northeast (3.74%) [6]. Group 4: Economic Impact and New Business Models - The fishing industry is evolving into a "fishing+" model, integrating various sectors such as tourism, events, and cultural experiences [12][21]. - Events like the China Shengzhong Lake International Fishing Competition have significantly boosted local economies, attracting over 400,000 tourists and generating substantial tourism revenue [16][21]. - The fishing economy encompasses diverse activities, including professional fishing, culinary experiences, competitive sports, and cultural tourism, indicating a broadening of market opportunities [21]. Group 5: Emotional and Social Aspects - Fishing has become a popular leisure activity for young people, providing a means of relaxation and emotional fulfillment amidst the pressures of urban life [18]. - The topic "The Joy of Fishing" on social media platform Xiaohongshu has garnered over 2.55 billion views, reflecting the cultural significance and community engagement surrounding fishing [18].
深圳今日下午在全市实行“五停”
21世纪经济报道· 2025-09-23 02:51
深圳市防台风防汛紧急动员令 2025年1号 据深圳市应急管理发布,深圳将在23日下午在全市范围内实行"五停"。 全市广大干部群众: 根据气象、水文、海洋部门预测,超强台风"桦加沙"将于23日夜间到24日非常靠近我市,预计 9月23日夜间起对我市造成严重风雨浪潮洪影响。为做好超强台风防御工作,坚持人民至上、 生命至上,经市委、市政府研究决定,我市于2025年9月23日18时起在全市启动防台风和防汛 一级应急响应。 2 智能 悦 读 · 权 威 . ry S 扫码点击下载 来源丨深圳市应急管理 编辑丨张嘉钰 21君荐读 9月23日下午在全市范围内实行"五停",其中14时起停工、停业、停市,20时起停运,22日晚 已开始停课。除抢险人员和民生保障人员外,其他人员请勿随意外出。全市开放全部室内避险 场所供群众避险。 请民生保障单位和各抢险救灾队伍,采取强有力措施做好供水、供电、供气、消防、交通、通 信和民政、医疗防疫、食品供应等工作。 当前,我市防台风和防汛形势非常严峻,请全市广大干部群众坚决按照国家防总和省委省政 府、市委市政府的部署,全民动员、众志成城,奋力打赢超强台风"桦加沙"防御攻坚战,确保 人民生命财产安全 ...
西安和郑州,争当微短剧“霸总”
21世纪经济报道· 2025-09-23 02:51
Core Viewpoint - The micro-short drama market is projected to reach 100 billion yuan by 2027, with Xi'an and Zhengzhou emerging as key competitors in this space, each aiming to establish itself as a leading hub for micro-short dramas [1][14]. Group 1: Xi'an's Position - Xi'an has positioned itself as the "capital of micro-short dramas," with 60 out of 100 micro-short dramas produced in the city, housing over 600 production companies [2][5]. - The city has implemented supportive policies, including the establishment of a micro-short drama talent training base and a 50 million yuan fund to nurture professionals in the industry [5][6]. - Xi'an's cultural heritage provides a rich resource for content creation, but it faces challenges in maintaining its competitive edge amid increasing market competition [6][14]. Group 2: Zhengzhou's Growth - Zhengzhou ranks second in the country for annual micro-short drama production, with over 800 production companies and a workforce exceeding 30,000 [8][11]. - The city has seen a 29.3% increase in production companies and a fivefold increase in workforce size compared to 2023, with a market scale growth of 27.4%, reaching 2.3 billion yuan [12][13]. - Zhengzhou aims to establish itself as a "creation capital" by 2027, with plans to develop influential production bases and produce around 50 high-quality micro-short dramas [13][14]. Group 3: Competitive Dynamics - The competition between Xi'an and Zhengzhou reflects a broader struggle for resources, production models, and urban capabilities in the micro-short drama industry [14]. - Both cities are striving to balance rapid growth with the need for quality content, facing the challenge of transitioning from quantity to quality in their productions [14].
别慌!广东多地提醒:生活必需品供应量足价稳,无须过度囤货
21世纪经济报道· 2025-09-23 02:51
Core Viewpoint - The article discusses the impact of Typhoon "Haikashan" on various cities in Guangdong, emphasizing the preparedness of local businesses and government agencies to ensure the supply of essential goods during the storm [1][3][4]. Summary by Sections Typhoon Impact and Preparedness - Typhoon "Haikashan" has been classified as the strongest typhoon globally this year, with expectations of heavy rainfall and strong winds affecting Guangdong, Guangxi, and Hainan [1]. - Local governments have activated emergency plans to ensure the supply of essential goods, with many cities reporting sufficient inventory and stable prices [4][9]. Supply Chain and Inventory Management - In Guangzhou, the business bureau confirmed that essential goods are adequately stocked, and supply channels are smooth, allowing citizens to purchase as needed without panic buying [4]. - Shenzhen's business bureau has coordinated with major supermarkets and e-commerce platforms to increase stock levels by 2-3 times the usual demand, ensuring timely delivery and sufficient supply [5]. - Zhuhai has implemented a monitoring mechanism for essential goods to ensure smooth circulation and has requested emergency shipments to address any shortages [7][8]. Consumer Guidance and Market Stability - Multiple cities, including Shantou and Huizhou, have urged residents to purchase rationally and avoid hoarding, emphasizing that essential goods are available and prices are stable [9][12]. - The government has warned against price gouging and has encouraged public participation in monitoring market conditions to maintain order [15]. Emergency Response and Future Planning - Various cities have established emergency response plans to address potential supply disruptions post-typhoon, ensuring that essential goods remain available and that any damaged goods are promptly managed [12][15].