来自天南海北的企业家朋友们因第二届出海全球峰会再次齐聚"亚洲学术殿堂"——新加坡国立大学。 上午9点，特邀嘉宾主持美讯创始人兼CEO彭家荣（Chris Pereira）将登台主持开场，一场关于全球化未来的深度对话即将启幕。 点击按钮▲预约直播 今天9:00，"生而全球·共融共建"第二届出海全球峰会将在新加坡国立大学正式开 幕，千余位企业出海掌舵人再聚狮城，与吴晓波、王辉耀、秦朔、津上俊哉、杨宇 东、张华荣等嘉宾，共同探索中企出海从"产能迁徙"到"文 明共生"的 跃迁之路 。 无法亲临峰会的朋友，请锁定吴晓波频道视频号直播间，云端直击精彩现场。 文 / 巴九灵（微信公众号： 吴晓波频道） 当马克思在《共产党宣言》中首次系统勾勒全球化图景时，他或许未曾预见：两个世纪后，中国企业正以"共融共建"的态度，将这场文明实验推向 新高度。 本届峰会遵循高水平、国际化、实效性的办会理念，共设置2日主论坛、1场深度晚宴以及1场中国企业家商务考察行程。 主论坛围绕"逆全球化与新全球化""全球供应链的重构与创新""多生态赋能中资全球化""国际化即本土化"四大核心议题展开深度探讨，共安排17 场主题演讲、2场全球链接宣讲以及1场高峰 ...

Group 1: Financial Policies and Regulations - The People's Bank of China announced 8 significant financial policies aimed at enhancing financial openness, including the establishment of a trading report database and a digital RMB international operation center [1][2] - The policies focus on financial regulation, digital finance, and cross-border finance, indicating a clear signal for promoting openness and innovation in response to complex foreign trade conditions [1] - The introduction of structural monetary policy tools in Shanghai is expected to guide funds more effectively towards the real economy, suggesting a potential increase in such tools in the future [2] Group 2: Cryptocurrency Regulation - The U.S. Senate passed a bipartisan bill to establish a regulatory framework for stablecoins, marking a significant step in cryptocurrency legislation [3] - If passed by the House and signed into law, the bill will require stablecoin issuers to back their tokens with liquid assets and disclose their reserves monthly [3][4] - The expansion of the stablecoin market is anticipated to create more demand for U.S. Treasury bonds, indicating a potential impact on the sovereign currency system [4] Group 3: Military Industry Trends - The military sector saw significant gains in the stock market, driven by ongoing geopolitical tensions and increased interest in domestic military equipment [5][6] - The National Aerospace Index, heavily weighted towards military stocks, is the largest of its kind, reflecting strong market recognition [7] - The military industry is characterized by high beta, making it sensitive to policy changes and macroeconomic sentiment, which could lead to short-term volatility [7] Group 4: Smart Glasses Market - China's smart glasses market experienced a 116.1% year-on-year increase in shipments in Q1 2025, with audio and audio-capturing glasses leading the growth [8] - The introduction of payment functionalities in smart glasses is seen as a differentiating factor for manufacturers, with global shipments expected to grow significantly in the coming years [8] - Despite the growth, smart glasses are still perceived as "tech toys," facing challenges such as limited battery life and content ecosystem [9] Group 5: JD.com's Hotel Industry Entry - JD.com announced its entry into the hotel industry, offering a three-year commission-free period for hotel operators to join its platform [10][11] - The strategy aims to optimize supply chain costs in the hotel sector, which is expected to enhance service quality and operational efficiency [10] - JD.com faces competition from established players like Ctrip and Meituan, necessitating improvements in service experience and technology to attract hotel operators [11] Group 6: IPO of Cao Cao Travel - Cao Cao Travel plans to list on the Hong Kong Stock Exchange, aiming to raise approximately HKD 1.853 billion through its IPO [14][15] - The company, part of Geely's strategy in the ride-hailing market, has shown increasing revenue projections but also faces significant operational challenges [14] - The shift towards autonomous driving taxis represents a new growth direction for Cao Cao Travel, although it encounters multiple challenges in funding and technology [15] Group 7: Cross-Border Brokerage Adjustments - Several cross-border brokers have adjusted their policies for opening accounts for mainland residents, responding to regulatory requirements [16][17] - The cancellation of the "existing proof" for account opening is aimed at preventing illegal financial activities and ensuring compliance with regulations [16][17] - The changes reflect a broader effort to maintain investor protection and market integrity in cross-border trading activities [17] Group 8: Market Overview - The stock market showed slight gains with mixed performance across sectors, highlighting ongoing geopolitical tensions and sector-specific dynamics [18] - The military equipment sector remained active, while other sectors like beauty care and rare earths faced declines [18] - The market's overall trading volume decreased, indicating a cautious sentiment among investors [18]

Trade Agreements - The US and UK have reached a preliminary trade agreement covering various sectors including steel, automobiles, ethanol, beef, and aerospace, marking the first such agreement since Trump's administration began imposing tariffs [1] - The agreement allows for increased market access for US agricultural products in the UK, particularly beef and ethanol, with the US setting an annual quota of 100,000 vehicles for UK imports, subject to a 10% tariff [1][2] - While the agreement is seen as a foundation for expanding trade, it is limited in scope and does not cover several key industries such as pharmaceuticals and steel [1] Cross-Border E-commerce - China's cross-border e-commerce exports reached approximately 2.15 trillion yuan in 2024, a year-on-year increase of 16.9%, while imports were about 555.25 billion yuan, growing by 4.1% [3] - The export of consumer goods constitutes 97.5% of cross-border e-commerce, with major products including apparel, digital devices, and home goods, primarily exported to the US, UK, and Germany [3] - The growth of cross-border e-commerce is supported by favorable policies, contributing significantly to overall foreign trade despite rising trade protectionism [4] Online Literature - The user base for Chinese online literature has reached 575 million, with a significant portion of readers aged 26 to 45, and nearly 25% being from the "post-2000" generation [5] - The revenue from online literature is estimated at around 44 billion yuan in 2024, with a total of over 33 million works published [5] - Despite the large user base, the industry faces challenges such as content homogenization and competition from short video formats, leading to a slowdown in user growth [6] Automotive Financing - The "high interest, high return" car loan model has been halted in several regions, with banks suspending such business practices due to regulatory changes [7] - This model involved dealerships receiving high commissions from banks to subsidize car prices, but it has led to various issues, including disputes over early loan repayments [8] - The cessation of this model may indicate a shift towards more sustainable lending practices, as banks need to focus on genuine consumer demand rather than artificially created demand [8] AI and Technology - Alibaba has launched a new version of its Qwen3 model optimized for Apple's MLX framework, which is expected to enhance AI deployment across Apple devices [9] - This move signals a strengthening partnership between Alibaba and Apple, as the models will be available in various precision versions to cater to different devices [9][10] - The growing influence of Qwen in the open-source model space may help revitalize Apple's presence in the Chinese market [10] Pension Funds - As of the first quarter of 2025, China's enterprise annuity fund has accumulated a scale of 3.73 trillion yuan, with a three-year cumulative return rate of 7.46% [11] - The shift to reporting cumulative returns aligns with a long-term investment strategy, reflecting the ability of pension funds to achieve consistent returns, particularly in stock investments [12][13] - The favorable environment for pension fund management, free from the pressures faced by traditional fund companies, allows for a focus on long-term value investment [13] Stock Market Trends - The stock market experienced slight declines, with the Shanghai Composite Index closing at 3387.4 points, down 0.04%, amid a lack of strong market momentum [16] - Despite fluctuations, certain sectors such as oil and gas remain active, while consumer sectors like gaming and beauty faced declines [16] - Upcoming policy announcements from the Lujiazui Forum may create short-term market disturbances but are unlikely to change the overall market trend [17]

点击图片▲立即试听 " 我们的目光所及，只是不远的前方，但是可以看到，还有许多工作要做。 " —— 艾伦 · 图灵 文 / 吴晓波（微信公众号：吴晓波频道） 1950年，38岁的英国数学家艾伦·图灵发表论文《计算机器与智能》，在开篇，他就提出了一个开天辟地式的问题 ： "机器可以思考吗?" 6年后的1956年，10多位数学家聚集美国新罕布什尔州的达特茅斯学院，举办了第一场"人工智能夏季研讨会"，很可惜，图灵无法与会，他在1954 年因服用含氰化物的苹果去世。1956年被视为"人工智能元年"。 其后 30年，数学家们在符号主义和联结主义两条路径上分别突进，前者在很长时间里处于主流地位，直到1986年，杰弗里·辛顿等人提出反向传播 算法，推动了神经网络理论的诞生。 几乎与此同时， 1985年，被日本企业打得晕头转向的英特尔放弃存储器业务，转而专攻CPU(中央处理单元)，拉开了算力飙升的大幕，摩尔定律 像魔咒一样激发芯片计算能力的指数级提升。1999年，英伟达在纳斯达克上市，黄仁勋在GPU(图形处理单元)战场上掀起了一场规模更大的海 啸。 2006年，杰弗里·辛顿提出深度学习算法，李飞飞发起创建大型图像数据集项目I ...

合作伙伴： Grab、新航Singapore Airlines、第一财经、南方日报、36氪出海、 himalaya、 白鲸出海、 节点财经、 特易资讯、秦朔朋友圈、财经马红漫、正见品牌战略、新加坡眼、雨果跨境、新材料在线、初海视野、新加坡经济管理学 院、WeMeet、法律先生、浙江工业大学校友企业家联谊会、胡椒出海、U&I GROUP 汇智集团、印尼巴塘国家经济特区 万信达产业园、荟源文化集团、西麦克展览公司、灯塔瓴科、Veteran Group Pte Ltd、SAFECO家族办公室、美讯、 RiverMerge Capital、本质亿欧、奥诚智拓、出海乐、 联讯动力、左明右理 合 作 支 持 举办国家： 新加坡 协办单位： 建发股份 科技合作伙伴： 蚂蚁数科 先进团队合作伙伴： 飞书 品牌支持伙伴： 慕思寝具、QWOS侨外出国 指定用酒合作伙伴： 君台厚酱酒 ...

2025年6月19日—6月20日，相约"生而全球·共融共建"第二届出海全球峰会，与吴 晓波、王辉耀、秦朔、津上俊哉、杨宇东、张华荣等嘉宾，共 同探索中企出海从"产 能迁徙"到"文明共生"的新路径。 【点击马上报名】 文 / 巴九灵（微信公众号： 吴晓波频道） 同时，峰会根据 每年 国际经贸形势的变化， 设置并 探讨全新议题。 本届峰会遵循高水平、国际化、实效性的办会理念，共设置 2日主论坛、1场 深度晚宴以及1场中国企业家商务考察行程。 主论坛围绕 "逆全球化与新全球化""全球供应链的重构与创新""多生态赋能中资全球化""国际化即本土化"四大核心议题展开深度探讨，共安排17 场主题演讲、2场全球链接宣讲以及1场高峰对话。 其中，吴晓波老师将解读 2025年中国企业出海最新 趋势 ；出海先锋华坚集团董事长张华坚将分享非洲办厂经验，探讨中国企业如何在全球南方 市场实现 "产业共赢，红利共享"的方法论；蚂蚁数科区块链业务总裁、蚂蚁集团副总裁边卓群，将介绍科技创新如何激活现实世界资产流动性， 用前沿技术打通金融全球化的新通路…… 嘉宾们聚焦的出海议题丰富多样，就让我们提前看一下部分嘉宾的前瞻观点吧。 点击视频▼立即观 ...

Group 1: Real Estate Market - In May, the year-on-year decline in housing prices in 70 major cities continued to narrow, with first-tier cities seeing a 1.7% drop, a reduction of 0.4% from the previous month [1] - New housing sales area from January to May was 35.315 million square meters, down 2.9% year-on-year, while sales revenue was 340.91 billion yuan, a decrease of 3.8% [1] - The real estate market is characterized by an oversupply, making natural market digestion difficult, prompting local governments to potentially strengthen the acquisition of existing properties [2] Group 2: Consumer Market - In May, the total retail sales of consumer goods reached 41.326 billion yuan, growing by 6.4% year-on-year, the highest growth rate since December 2023 [3] - The growth in retail sales was supported by policies encouraging the replacement of old goods, with significant increases in categories like home appliances and furniture [4] - The consumption structure is shifting towards services and cultural products, with the tourism sector showing considerable potential [4] Group 3: Industrial Production - In May, the industrial added value for large-scale enterprises grew by 5.8% year-on-year, with a month-on-month increase of 0.61% [5] - The mining and manufacturing sectors showed growth rates of 5.7% and 6.2% respectively, while the electricity and gas supply sector grew by 2.2% [5] - The current manufacturing environment is complex, with companies reducing production in response to market demand, indicating a cautious approach to managing supply [6][7] Group 4: Fund Market - A total of 105 public fund products have been liquidated this year, with nearly 80% due to insufficient asset value [15] - The majority of liquidated funds were equity products, particularly in sectors like new energy and healthcare, highlighting the challenges faced by thematic funds [15] - Passive index funds are gaining popularity among investors due to lower management fees and reduced selection difficulty [16] Group 5: Stock Market - On June 16, the stock market experienced a rebound, with the Shanghai Composite Index rising by 0.35% and total trading volume reaching 1.22 trillion yuan [17] - The release of macroeconomic data for May has increased market expectations for future policy measures [17][18] - The IP economy and wind power sectors showed strong performance, indicating a shift in market focus [17]

Core Viewpoint - The article discusses the "Su Super" football league in Jiangsu, highlighting its role in stimulating local economic activity through government, state-owned enterprises, and citizen participation, ultimately aiming to attract private investment and enhance regional economic integration [30][23][55]. Group 1: Event Overview - The "Su Super" league is supported by the Jiangsu government and state-owned enterprises, inviting citizens to attend matches for free to boost local and regional economic activity [30][23]. - The attendance at matches has been significant, with the latest match between Huai'an and Nanjing drawing 26,018 spectators, indicating growing interest in local football [33]. - The league has seen a steady increase in attendance, with previous matches recording 18,000, 22,198, and 22,613 attendees [32]. Group 2: Economic Impact - The Jiangsu Sports Industry Group predicts that the entire season will generate over 300 million yuan in economic benefits, with an average revenue increase of over 20 million yuan for each city involved [37]. - Local businesses, including hotels and restaurants, have engaged in promotional activities during the league, although the immediate impact on tourism and dining has been limited [45][50]. - The league has attracted sponsorship from various local enterprises, with the number of sponsors increasing from one to nineteen, indicating a growing interest from the private sector [29][26]. Group 3: Community Engagement - The event has fostered a sense of community pride, with local fans expressing strong support for their team, despite the team being perceived as underdogs [15][17]. - Many attendees received free tickets through schools and organizations, highlighting the community's engagement and the low-cost nature of attending matches [30][12]. - The league has also incorporated local cultural elements, such as performances and promotions related to Huai'an's heritage, to enhance the spectator experience [41][40]. Group 4: Future Considerations - The article suggests that balancing government support with private sector involvement is crucial for the league's sustainability and growth [56]. - There is a need for more effective consumer incentives to stimulate spending beyond the matches, as many attendees are not die-hard fans but seek low-cost entertainment [59][60]. - Future strategies may include leveraging local events, such as the "Lobster Festival," to create synergies between sports and local industries, enhancing overall economic activity [54].

Core Viewpoint - The article discusses the emerging low-altitude economy in China, highlighting the rapid growth of drone applications in logistics and cleaning, while also addressing the challenges and opportunities within the industry [5][54]. Group 1: Industry Growth and Opportunities - The low-altitude economy in China reached a scale of 505.95 billion yuan in 2023, with a growth rate of 33.8% [5]. - There is a significant talent gap in the drone operator job market, with an estimated shortage of 1 million positions [6]. - New entrepreneurs are entering the drone logistics sector, with some achieving monthly revenues of 70,000 to 80,000 yuan [2][29]. Group 2: Training and Employment Challenges - The number of drone training institutions has surged, with over 2,500 institutions reported by June 2023, and a near doubling of institutions within six months [15][58]. - Many training programs are criticized for lacking practical application, leading to a mismatch between the skills of newly trained operators and industry demands [16][58]. - The training market is becoming saturated, with some institutions struggling to maintain profitability due to high competition and low demand [20][19]. Group 3: Application and Market Dynamics - Drone applications in rural areas, such as transporting agricultural products, are gaining traction, addressing logistical challenges in remote regions [29][32]. - The urban market for drone cleaning services is also emerging, with significant potential due to the high number of tall buildings in China [44]. - The cleaning market is currently dominated by manual labor, with drone cleaning services offering a cost-effective alternative, although they face limitations in cleaning effectiveness [47][48]. Group 4: Regulatory and Infrastructure Challenges - The development of drone logistics and delivery services is hindered by a lack of standardized regulations and infrastructure, such as takeoff and landing platforms [64]. - The industry is experiencing a disconnect between training and practical application, emphasizing the need for better integration of theoretical knowledge with real-world operations [58][61]. - The absence of clear airspace management and operational guidelines poses challenges for the growth of the low-altitude economy [64].

Core Viewpoint - The second Global Summit on Going Global will be held in Singapore, focusing on the evolution of Chinese enterprises from "capacity migration" to "civilization co-existence" in their internationalization efforts [1]. Group 1: Event Overview - The summit will take place on June 19-20, 2025, at the National University of Singapore, featuring 17 keynote speeches, 2 global link presentations, 1 high-level dialogue, and 1 VIP dinner [3][9]. - Key topics include "de-globalization and new globalization," "reconstruction and innovation of global supply chains," "multi-ecosystem empowerment of Chinese globalization," and "internationalization as localization" [3]. Group 2: Venue and Logistics - Singapore is highlighted as an ideal location due to its top global city infrastructure, safety, and high GDP per capita, making it a testing ground for Chinese enterprises' global values [2]. - The summit has received special support from the Singapore government, with various travel conveniences provided for attendees, including exclusive travel offers and consultation services at Changi Airport [7]. Group 3: Participation Details - Attendees are encouraged to arrive early for registration, which will take place from 8:00 to 9:00 AM on both days [22]. - A shuttle service will be available between the Orchard Hotel and the summit venue, with specific departure times [21].