亚投行在北京的总部（Reuters） 曾是最贫困国家之一的中国，如今中国的经济规模已逼近美国。中国描绘的蓝图可能是构建另一个不受 美元支配、可以使用人民币自由进行资金往来的金融体系。上合组织开发银行与亚投行肩负着实现这一 目标的"中国版世界银行"的职责…… 此类应对举措增强了各国的信心，亚投行成员国家和地区的数量达到了110个，比成立时翻了一番。远 远超过日本和美国拥有最大表决权的亚洲开发银行（ADB）的69个成员国。英法德等欧洲国家虽与中 国的广域经济圈构想"一带一路"保持距离，但却纷纷加入亚投行。 6月3日，中国政府在北京低调召开了有俄罗斯及印度参加的财长和央行行长会议。此次会议讨论的议题 是成立一家新银行。这家银行被冠以中俄主导的新兴国家组织——上海合作组织（SCO）的名称。 3个月后的9月1日，天津，"尽快建成上海合作组织开发银行"，在被俄罗斯总统普京及印度总理莫迪等 20多个国家的领导人环绕的席位上，中国国家主席习近平宣布了这一消息，让全世界知晓了启动新银行 构想的计划。 扩大非美元贷款范围 "这样就不必太担心美国的金融制裁了"，驻北京的外交官们私下相互这样表示。新银行的崛起将使非美 元支付范围扩大 ...

Core Viewpoint - The Nikkei average index has reached new highs in September, raising concerns among investors about potential overvaluation and the risk of a market correction similar to past events [2][4][6]. Price Fluctuation Indicators - The Nikkei average index is currently 16% above the 200-day moving average, a level reminiscent of the period before a significant drop in July 2024 [4][5]. - The Relative Strength Index (RSI) stands at 79.6%, indicating overbought conditions as it exceeds the 70% threshold [5][6]. - The price-to-earnings ratio (PER) is at 18.3 times, within the range observed post-Lehman crisis, while the price-to-book ratio (PBR) is at 1.6 times, indicating potential upper limits [5]. Supply and Demand Dynamics - The credit buying balance is at 4.1891 trillion yen, which is below the year's peak and the levels seen before the summer 2024 drop, suggesting no overheating in this area [6]. - The arbitrage trading buy balance has slightly increased to over 1 billion shares, indicating a mild overheating due to stock splits and other factors [5][8]. - The credit selling balance has reached a six-year high at 1.1229 trillion yen, indicating a significant number of investors are shorting stocks, which could lead to a buying rush if positive news emerges [8]. Market Sentiment and Future Outlook - There are mixed sentiments regarding the market's future, with some analysts suggesting the Nikkei average could rise to around 47,000 points by year-end due to ongoing corporate stock buybacks [9]. - Despite the current indicators suggesting potential overvaluation, some experts argue that the market may continue to rise unexpectedly, highlighting the unpredictable nature of stock movements [9].

Group 1 - The Shanghai Composite Index reached a 10-year high in August, indicating significant market momentum [5][6] - As of August 12, the index hit its highest point of the year, and by August 18, it achieved a nearly decade-high, with total market capitalization exceeding 100 trillion yuan [6] - The index has increased by 15.48% from the beginning of the year to September 12, with other indices like CSI 300, CSI 500, and CSI 1000 also showing substantial gains of 14.92%, 24.84%, and 24.59% respectively [6] Group 2 - The STAR Market Index and CSI 50 Index recorded impressive increases of 41.04% and 35.30% respectively, reflecting strong performance in the technology and innovation sectors [6] - The trading volume on August 25 surpassed 3 trillion yuan for the second time in history, highlighting increased investor activity [6] - The overall market sentiment appears to be driven by valuation expansion, although fundamental factors remain crucial for sustained growth [5][6]

Core Viewpoint - Toyota is implementing the "AREA 35" initiative to enhance production efficiency, aiming to reduce the variety of components by up to 80% and create an average of 35% additional space in factories, which could increase annual production in Japan by 80,000 vehicles [2][7]. Group 1: Production Efficiency Initiatives - The "AREA 35" initiative started in 2023 focuses on rationalizing inventory by reducing similar components and optimizing selection, thereby creating 35% more space in factories [4][6]. - Toyota, as the world's largest automaker producing and selling 10 million vehicles annually, operates 54 vehicle assembly plants globally and has around 4,300 dealerships in Japan, supported by approximately 60,000 suppliers domestically [4][6]. Group 2: Component Management - Each vehicle comprises about 30,000 components, making it challenging to manage all aspects of sales, production, and development. The initiative aims to identify and eliminate redundant components that occupy space without contributing to sales [6][9]. - The initiative is not merely about reducing component types; it also seeks to rationalize specifications and component varieties based on accurate demand assessment, as stated by Toyota's Vice President [6][9]. Group 3: Future Expansion and Investment - The "AREA 35" initiative will expand to 18 factories, including those in the Czech Republic, Canada, and Texas, by 2025, with a focus on sharing information and solutions across different regions [9]. - Toyota plans to increase R&D expenses by 3% to 1.37 trillion yen and equipment investment by 8% to 2.3 trillion yen for the fiscal year ending March 2026, both expected to reach record highs amid evolving competition in electrification and autonomous driving [9][10].

日经GO 留学生在日本，生活不再那么拮据 原创 阅读全文 ...

Group 1 - The average annual salary for employees and part-time workers in Japan's private sector increased by 3.9% year-on-year in 2024, reaching 4.78 million yen (approximately 228,100 RMB), marking the highest record since 1949 [2][4] - This marks the fourth consecutive year of salary growth, primarily driven by labor shortages and minimum wage increases [4] - The average salary for male employees rose by 3.2% to 5.87 million yen (approximately 280,100 RMB), while female employees saw a 5.5% increase to 3.33 million yen (approximately 158,900 RMB) [4] Group 2 - The average salary for formal employees is 5.45 million yen, which is about 2.6 times higher than that of non-formal employees at 2.06 million yen [4] - The average bonus in salaries increased to 750,000 yen, a 4.5% year-on-year growth, reaching the highest level in the past decade [4] - By industry, the "Electricity, Gas, Heat Supply, and Water Supply" sector leads with an average salary of 8.32 million yen (approximately 396,900 RMB), followed by "Finance and Insurance" at 7.02 million yen (approximately 335,000 RMB), and "Information and Communication" at 6.60 million yen (approximately 314,900 RMB) [5] Group 3 - The lowest average salary is found in the "Accommodation and Food Services" sector at 2.79 million yen (approximately 133,100 RMB) [5] - The source withholding tax amount was 11.1834 trillion yen, a decrease of 822.7 billion yen from the previous year, attributed to the fixed tax reduction policy implemented in 2024 [5] - The survey aimed to estimate tax revenue and was based on feedback from approximately 280,000 salary earners across 27,179 companies nationwide [5]

Core Viewpoint - The U.S. government's expansion of tariffs on steel and aluminum products to include "derived products" is significantly increasing the financial burden on companies across various industries, with over 720 products now affected [2][4]. Group 1: Tariff Structure and Impact - The tariff structure is complex, with a 50% steel and aluminum tariff applied to the portion of products that use these materials, while the remaining portion incurs equivalent tariffs [4]. - As of August, over 420 new product categories were added to the tariff list, bringing the total to more than 720, affecting a wide range of goods from construction machinery to tableware [4][6]. - Companies are facing increased costs due to the inclusion of products that were previously only subject to equivalent tariffs, leading to inevitable price increases in the U.S. market [6][9]. Group 2: Industry Responses and Concerns - The construction machinery industry in Japan is actively lobbying the U.S. government to exclude their products from the steel and aluminum tariff list, reflecting growing anxiety among industry groups [7]. - Japan's exports of construction and mining machinery to the U.S. exceeded 800 billion yen in 2024, accounting for 4% of Japan's total exports to the U.S., with a 26% year-on-year decline noted in August [8]. - Companies in the tableware sector are also expressing concerns about potential price increases leading to reduced sales, with some considering halting U.S. sales if consumers do not accept price hikes [9]. Group 3: Broader Implications and Future Considerations - The mechanism for expanding steel and aluminum tariffs to derived products has been in place since Trump's first term, aimed at preventing tariff evasion through processing [6]. - There are indications that similar tariff structures may be applied to other sectors, such as semiconductors and wood products, which could further complicate the tariff landscape for various industries [10]. - Ongoing legal debates in the U.S. regarding the constitutionality of equivalent tariffs may lead to further adjustments in tariff policies, with experts suggesting that expanding the scope of derived products could mitigate some constitutional concerns [10].

由于中美对立，原本发给中国的造船订单被搁置，给日本厂商带来机遇。今治造船等将在丸 红的协助下，把希腊船东的2艘大型油轮订单的船体建造委托给住友重机械工业旗下船厂…… 日本最大造船企业今治造船与住友重机械工业将在船体建造领域展开合作。双方将充分利用 原计划2026年停止建造商船的住友重机械工业的神奈川县造船厂。住友重机械工业原计划将 该厂作为海上风力发电设备的生产基地，但由于市场行情恶化，将暂时继续造船。由于中美 对立，原本发给中国的造船订单被搁置，给日本厂商带来机遇。今治造船将在控制投资成本 的同时增加船舶建造量。 今治造船等将在丸红的协助下，把希腊船东的2艘大型油轮订单的船体建造委托给住友重机械 工业的子公司住友重机械海洋工程横须贺造船厂（神奈川县横须贺市）。第1艘预计2027年 完工，第2艘预计2028年完工。 住友重机械工业旗下的住友重机械海洋工程横须贺造船厂（神奈川县横须贺市） 建造所需的钢板和发动机等材料将由今治造船采购，并供应给住友重机械海洋工程。大部分 船体将在横须贺造船厂制造，今治造船负责最后的组装。 住友重机械工业2024年2月宣布退出新建造普通商船的业务，已停止接单。横须贺造船厂原 计划转 ...

Core Viewpoint - The 2025 Tokyo Game Show features over 1,136 exhibitors, with more than half being international companies, highlighting the global expansion strategy of Chinese and Korean firms while Japanese companies primarily rely on domestic demand [2][4]. Group 1: Chinese Companies - Tencent Holdings showcased a new installment of the "Monster Hunter" series developed in collaboration with Capcom during the Tokyo Game Show [4]. - Hero Games is set to release the RPG game "Duet Night Abyss" in October, supporting multiple languages including Japanese, English, Chinese, and Korean, with plans to add French and Spanish later [5]. Group 2: Korean Companies - Netmarble gained attention for developing a new game based on the popular manga "The Seven Deadly Sins," set to launch in January 2026 and supporting 12 languages [6]. - Netmarble aims to leverage its marketing experience in the Western markets to deepen collaborations with Japanese publishers and animation studios [6]. Group 3: Emerging Companies - Red Dunes Games from the UAE is striving to catch up with Chinese and Korean firms, significantly expanding its exhibition space at the Tokyo Game Show and showcasing 12 titles [7]. - The CEO of Red Dunes Games emphasized the importance of the Tokyo Game Show for global expansion opportunities [7]. Group 4: American Companies - Electronic Arts participated in the Tokyo Game Show for the first time in a decade, highlighting its upcoming shooting game "Battlefield" [7]. - Riot Games also made its debut at the event, featuring a playable area for its new fighting game "2XKO" and a photo area with game characters [7]. Group 5: Industry Trends - The Tokyo Game Show serves as a platform for companies to showcase unreleased titles and gather real feedback from players, indicating the competitive nature of the global gaming market [7].

Group 1 - The core viewpoint of the article is that Xiaomi is planning to expand its electric vehicle (EV) sales into Japan, following the successful launch of its EV "SU7" in China, which has already sold over 300,000 units [1][5]. - Xiaomi's "SU7 Ultra" model was showcased in Japan, with prices ranging from approximately 4.5 million yen for the standard model to 11 million yen for the highest configuration [3][4]. - The company aims to create an ecosystem in Japan similar to that in China, where its EVs can interact with Xiaomi smartphones and home appliances [2][3]. Group 2 - The "SU7" received 90,000 orders within 24 hours of its launch, indicating strong market demand [5]. - The company has plans to introduce another pure electric SUV, "YU7," which achieved over 200,000 orders within just 3 minutes of opening for orders [5]. - Xiaomi's confidence in rapidly increasing EV production and sales is highlighted by the significant order volumes and sales growth [5].