在9月8日开幕的慕尼黑车展上，尽管欧洲各大车企展示的新款EV备受瞩目，但德国大众首次开发真正 意义上的HV等，可以看出其战略的调整。10年前，欧洲车企曾描绘出在EV开发上领先并占领全球的蓝 图，但EV的减速与中企的崛起使这一计划落空…… 大众集团的豪华车品牌保时捷8月放弃在子公司生产EV电池。计划在2025年追加计提8亿欧 元，开发新的插电式混合动力车（PHV）车型。大众集团的奥迪也于3月撤回了"2026年后仅 推出EV新车"的原有目标。 德国梅赛德斯-奔驰集团也修正了2030年新车全部为EV的目标，并将在此后继续销售包括 PHV在内的发动机汽车。由法国雷诺与中国浙江吉利控股集团共同设立、专注于发动机动力 总成（动力系统）研发的HORSE Powertrain也在此次车展中设立了独立展台。 大众在前一天的自家的活动上发布了四款新型EV。其中，热门小型车"Polo"的EV版定价为2 万5000欧元，计划于2026年上市。大众首席执行官奥利弗·布鲁梅表示："这是一款拥有亲 民价格、适合所有人的车"。 但活动上并未提及的新车将从9日公众开放日起在大众的开放展区展示。那就是自2017年上 市以来全球销量超过200万辆 ...

Core Viewpoint - The craft beer brand TAGSIU has completed nearly 10 million RMB in Pre-A financing, aimed at expanding its store chain, retail channels, and supply chain development [7][9]. Company Overview - TAGSIU, established in 2020, combines offline store experiences with retail channel layouts, targeting urban consumers seeking personalized and social drinking experiences [7][9]. - The brand's retail segment focuses on canned and bottled beer sold through various channels, including chain restaurants, e-commerce platforms, and supermarkets [8]. Market Context - The craft beer market in China reached 148.78 billion RMB in 2023, doubling since 2018, and is expected to exceed 180 billion RMB by 2027, with a compound annual growth rate of over 8% [9]. - Despite growth, the industry faces challenges, including a heavy reliance on traditional B-end channels and high pricing that limits consumer access [9][12]. Strategic Partnerships - The partnership with Guangdong Cool Mouse Brewery enhances TAGSIU's supply chain capabilities, allowing for high-quality imported ingredients and unique brewing processes [9][11]. - Cool Mouse Brewery, one of the largest in South China, plans to expand its production capacity significantly by 2025 [8][9]. Retail and Distribution Strategy - TAGSIU is expanding its retail presence through collaborations with convenience stores and supermarkets, making craft beer more accessible to a broader audience [11][12]. - The brand employs a competitive pricing strategy, with products available at prices as low as 9.9 RMB for two bottles, attracting consumers who previously found craft beer too expensive [11][12]. Consumer Engagement and Brand Building - TAGSIU engages with consumers through various events and collaborations, such as the "CityForce Shenzhen Craft Beer Festival," establishing itself as a cultural brand [12][13]. - The brand's innovative marketing strategies include experiential consumption scenarios and creative campaigns, enhancing consumer connection [12][13]. Future Outlook - TAGSIU aims to focus on store expansion, deepening retail channels, and product innovation to secure a competitive position in the rapidly growing craft beer market [13].

Core Viewpoint - The real estate investment in Japan is experiencing significant growth, with a 22% year-on-year increase in the first half of 2025, surpassing 3 trillion yen for the first time since 2007, driven by low interest rates and rising rental expectations [2][7]. Investment Trends - Real estate investment in Japan reached 3.1932 trillion yen in the first half of 2025, marking a 22% increase compared to the previous year [2]. - Tokyo ranks first among global cities for real estate investment, with overseas investors increasing their purchases by 3.7 times, accounting for 34% of Japan's total real estate investment [5][7]. Sector Analysis - Office buildings represent 53% of the total real estate investment in Japan, with significant transactions occurring in Tokyo's central areas [4]. - Major transactions include Mitsubishi Estate's acquisition of the Akasaka Park Building and Wacoal's sale of its building in Kyoto, indicating a trend of asset sales among companies [4]. Regional Insights - The five central districts of Tokyo (Chiyoda, Chuo, Minato, Shinjuku, Shibuya) accounted for 56% of the investment, the highest since the first half of 2018 [5]. - The Osaka region's share of investment decreased to 10%, down from 21% the previous year, as hotel investment demand related to the Osaka Kansai Expo has subsided [5]. Future Outlook - JLL forecasts that Japan's real estate investment will approach 6 trillion yen in 2025, with financial institutions maintaining a positive stance on real estate financing [7]. - The current investment return rate for A-grade office buildings in Tokyo's central districts is between 2.0% and 2.5%, with expectations of slight increases if interest rates rise further [7].

Group 1 - The article discusses the various Halloween events planned by USJ in Osaka for this year, highlighting the unique attractions and experiences designed to enhance visitor engagement [2] - Specific activities include themed parades, haunted houses, and special merchandise, aimed at attracting both local and international tourists [2] - The article emphasizes the importance of seasonal events like Halloween in driving attendance and revenue for the entertainment industry, particularly in theme parks [2]

Group 1 - The core viewpoint of the article emphasizes the positive attitude of South Korea towards strengthening economic cooperation with Japan through joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) [2][4] - South Korea has not signed a bilateral Free Trade Agreement (FTA) with Japan, making the accession to CPTPP effectively equivalent to signing a "Korea-Japan FTA" [5] - The South Korean Prime Minister Kim Min-seok indicated that the timing for joining CPTPP is uncertain and will depend on various conditions, including domestic agricultural support policies [5] Group 2 - Kim Min-seok stated that South Korea has adhered to its standards and testing regarding the import ban on Japanese seafood, indicating that the current restrictions will remain in place [5] - The article discusses the potential for future leadership changes in Japan and expresses hope that the new Prime Minister will maintain friendly relations with South Korea and cooperate with the US [5] - Regarding North Korea, Kim Min-seok expressed skepticism about the prospects for US-North Korea dialogue and suggested that prioritizing US-North Korea discussions may be more realistic than pursuing inter-Korean talks at this time [5] Group 3 - The article briefly touches on the ongoing investigation into the World Peace and Unification Family Association (formerly known as the Unification Church), highlighting two core issues: the potential for illegal political funding and the use of political power by religious groups [6][7]

Core Viewpoint - The Japanese Ministry of Finance reported that in the first half of 2025, customs seized 17,249 counterfeit luxury goods and other imitation products, marking a 6% decrease from the previous year but remaining above 15,000 for three consecutive years, indicating a persistent high level of counterfeit goods in the market [1][5]. Group 1 - In the first half of 2025, 84% of the seized counterfeit goods originated from China, followed by 9% from Vietnam, highlighting the significant role of these countries in the counterfeit market [3]. - The types of seized products included electronic items like batteries, household goods such as water purifier filters, and automotive parts, which pose safety risks due to unverified quality [3]. - The Ministry of Finance urged consumers to avoid purchasing items that are extremely low-priced or of uncertain quality, recommending that they buy through legitimate channels [3].

Group 1 - The Nikkei average index closed at 44,768.12 points on September 12, marking a continuous three-day rise and setting a new historical high, with an increase of 395.62 points (0.89%) from the previous trading day [2] - The rise in the Japanese stock market is driven by three main factors: sustained buying of AI-related stocks, increasing market expectations for the Federal Reserve to resume interest rate cuts, and the candidacy of former Economic Security Minister Takashi Saito in the Liberal Democratic Party presidential election [2] - The Philadelphia Semiconductor Index (SOX), which has a high correlation with the Nikkei average, has risen for six consecutive days, reaching new historical highs [4] Group 2 - SoftBank Group is collaborating with Oracle on a massive investment in AI infrastructure through the "Stargate" project [5] - As of the end of June, SoftBank's net asset value (NAV) was approximately 32 trillion yen, which is expected to have increased due to the rise in U.S. tech stocks this summer [5] - SoftBank's market capitalization has expanded to over 26 trillion yen [5]

Core Viewpoint - The president of the China Japan Chamber of Commerce, Tetsuro Honma, emphasizes that the risk of being detained in China is low if companies engage in normal business activities without external intelligence gathering [2][6]. Group 1: Risks and Concerns - Since the implementation of China's Anti-Spy Law in 2014, at least 17 Japanese individuals have been detained, raising concerns among Japanese nationals in China [4]. - A recent case involved a male employee from Astellas Pharma, who was sentenced to 3 years and 6 months for espionage, highlighting the risks associated with intelligence activities [4]. - The Japan Chamber of Commerce has urged the Japanese government to clarify what constitutes risky behavior to prevent business personnel from being involved in intelligence gathering [5]. Group 2: Safety Measures - Following incidents of violence against Japanese nationals, companies like Panasonic have allowed employees and their families to temporarily return to Japan to ensure their safety [7]. - A survey of approximately 8,000 Japanese companies in China revealed that 60% plan to maintain or increase their investments, contingent on the safety of Japanese nationals [6][7]. Group 3: Future Engagement with China - The Japanese labor force is declining, making it crucial for Japan to leverage China's innovation to maintain competitiveness [8]. - The Japan Chamber of Commerce aims to promote economic exchanges with China while distancing itself from intelligence collection activities [9].

Core Viewpoint - The upcoming visit of U.S. Treasury Secretary Becerra to Europe from September 12 to 18 will focus on discussions with Chinese Vice Premier He Lifeng, particularly regarding the sale of TikTok and other economic and trade-related issues between the U.S. and China [1][3]. Group 1 - The U.S. Treasury Department announced that discussions will cover important national security, economic, and trade issues, including TikTok and anti-money laundering networks [3]. - A law in the U.S. that deems TikTok's operation under Chinese capital as illegal took effect in January, leading to demands for the sale of TikTok's U.S. operations [3]. - The deadline for TikTok's sale has been extended multiple times, with the next deadline set for September 17 [3]. Group 2 - Following a series of high tariffs and retaliatory measures, the U.S. and China have paused tariff measures after negotiations in May, with the current suspension set to last until November 10 [3].

Group 1 - The core viewpoint of the article emphasizes Uniqlo's initiative to engage children in thinking about clothing coordination through interactive activities [5] - The event provides an opportunity to cultivate "independent thinking skills" among children, enhancing customer interaction [5] - In the era of e-commerce, the company is exploring the role of physical stores as "experience venues" [5]