以下文章来源于Vogue Business ，作者编辑团队 Vogue Business . 打造时尚产业智库 本文来自微信公众号： Vogue Business ，作者：编辑团队，编辑：Yiling Pan，题图来自：AI生成 2025 年上半场，对全球奢侈品来说无疑是低迷的。增长停滞、投资情绪冷淡、消费信心徘徊。但进 入第三季度后，行业情绪开始微妙转变——美国市场重新启动，中国市场触底企稳，设计创意回暖， 奢侈品似乎正尝试一次 "软着陆"。 中国市场仍是奢侈品业的关键变量。 Rambourg 认为，目前的改善更像是 "机械性" 复苏——即在极低基数上的稳定迹象，"房地产市场依 旧疲弱，青年失业率高企，但当一切坏消息都已出尽，市场就会自然寻找平衡。" 尽管多数品牌在中国大陆仍录得负增长，但跌幅明显收窄，部分头部品牌已转正。路易威登是其中最 具代表性的例子：上海旗舰店开业、彩妆系列发布、Express 手袋和中国取景的广告片，形成了完整 的市场热度循环。 Kepler Cheuvreux 的 Charles-Louis Scotti 指出，香港市场第三季度表现亮眼，但更多是 "低基数红 利"。去年中国游客扎堆 ...

Group 1 - 80 South Korean citizens are currently detained by the Cambodian immigration authorities, and they refuse to return to South Korea despite contact from officials [2][3][5] - An semiconductor company, Anshi Semiconductor, appointed its CFO Stefan Tilger as interim CEO after the previous CEO was suspended by a Dutch court [6] - Goldman Sachs plans to conduct another round of layoffs to further cut costs, although the total number of employees is expected to grow by the end of the year [7] Group 2 - Walmart announced a partnership with OpenAI to allow customers to use ChatGPT for instant checkout of Walmart products [8] - The Chinese Embassy in Thailand issued a warning regarding a tourist being threatened to shop, confirming that the involved guide lacked proper qualifications [9][10][11] - DJI has appealed a US court decision that maintained its listing as a "Chinese military enterprise," asserting its commitment to preventing the misuse of its products for military purposes [12] Group 3 - Ele.me is trialing a new service score system to replace the previous penalty system for delivery riders, aiming for a more positive incentive approach [13] - The 2026 national civil service examination will recruit 38,100 candidates, with age limits adjusted for applicants [14] - The total number of vehicle trade-ins is expected to exceed 12 million this year, significantly boosting new car sales [15][17] Group 4 - Nvidia's CEO personally delivered the first DGX Spark AI supercomputers to Elon Musk, highlighting advancements in AI computing capabilities [18] - JD.com is collaborating with CATL and GAC Group to launch a new car, clarifying that JD's role is primarily in consumer insights and sales, not manufacturing [21] - Apple CEO Tim Cook's visit to China coincided with reports of activation issues with the iPhone series, attributed to server problems [23] Group 5 - Ant Group reported a surge in interest for its gold accumulation product, with over a million visits on the day international gold prices hit a record high [24] - Songcheng Performance announced it is not involved in the IPO project of Xibei and has no plans to enter the prepared food industry [25][28] - The photovoltaic industry association clarified that its upcoming meetings are routine monthly meetings, amidst speculation of significant policy announcements [29][30] Group 6 - The central bank is set to conduct a 600 billion yuan reverse repurchase operation to maintain liquidity in the banking system [34] - Elon Musk indicated that his company xAI will focus on video games, driven by personal interest rather than profit [35]

Group 1 - The core viewpoint of the article is that major global economies are taking steps to curb the spread of US dollar-backed stablecoins, with Europe and China actively developing their own digital currencies to enhance financial sovereignty and reduce reliance on the dollar [2][3][6]. - A consortium of nine major European banks has announced plans to launch a euro-backed stablecoin to create an alternative to the US-dominated stablecoin market, aiming for strategic autonomy in payment systems [2][3]. - The European Central Bank has expressed concerns that widespread use of dollar stablecoins in the Eurozone could undermine its control over monetary policy, potentially leading to a situation similar to that of emerging economies heavily reliant on the dollar [3][4]. Group 2 - China has launched the Digital Renminbi International Operation Center in Shanghai, along with cross-border digital payment and blockchain service platforms, marking a proactive move in the global digital finance landscape [6][7]. - The internationalization of the Renminbi has been primarily driven by trade and cooperation along the Belt and Road Initiative, but progress has been slow due to traditional settlement system inertia and capital controls [7][8]. - The dominance of dollar stablecoins in the digital finance space highlights the competitive nature of financial rules, with China's absence potentially leading to a loss of influence in setting these rules [8][11]. Group 3 - The article discusses the historical context of the dollar's dominance, which was established through institutional design and international inertia post-World War II, particularly through the Bretton Woods system and the oil dollar system [10][12]. - The reliance on dollar stablecoins in the crypto space indicates that the dollar continues to play a central role even in emerging digital financial systems, posing risks for countries like China that do not participate [11][12]. - The potential systemic risks of over-reliance on the dollar are highlighted, emphasizing that currency is not just a payment tool but also a reflection of institutional and regulatory frameworks [12][13]. Group 4 - The article outlines the challenges China faces in promoting the internationalization of the Renminbi, including the need for a credible asset backing and the risks associated with private stablecoin issuance [16][17]. - The Digital Renminbi, issued by the central bank, is positioned as a sovereign digital currency that does not rely on external assets, contrasting with privately issued stablecoins [17][18]. - The Digital Renminbi can facilitate faster and cheaper cross-border payments, potentially creating a payment network independent of the SWIFT system, which would enhance financial security [18][19]. Group 5 - Trust and compliance issues are significant hurdles for the global acceptance of the Digital Renminbi, particularly regarding privacy concerns and the need for a widely accepted compliance framework [21][22]. - The integration of the Digital Renminbi into international payment systems requires technological compatibility and regulatory trust among multiple countries [23][24]. - The article emphasizes that the success of the Digital Renminbi as a reserve currency hinges on building a robust asset pool, ensuring liquidity, and establishing a transparent regulatory environment [25][26]. Group 6 - Strategic scenarios for the Digital Renminbi's breakthrough include energy trade settlements and small-scale transactions along the Belt and Road Initiative, which could reduce reliance on the dollar [27][28]. - The article concludes that while the Digital Renminbi may initially serve as a regional settlement currency, it has the potential to gain traction in international reserves over time [28].

长青研究社 . 专注于银发经济商业研究，深度赋能银发企业。 本文来自微信公众号： 长青研究社 ，作者：林诗琪，编辑：潘利恒，原文标题：《网约护士，4500 万失能失智老人的等待》，题图来自：AI生成 近年来，一种新型护理方式——"网约护士"悄然兴起，患者通过手机预约，即可得到专业护士上门提 供的打针、抽血、换尿管、换胃管等护理服务，让行动不便的患者无需再为往返医院而奔波。 手机预约，护士上门，本是破解"就医难"的便民良方。面对庞大的居家养老与失能人群照护需 求，"网约护士"服务在政策的东风下飞速发展，却陷入了"叫好不叫座"的现实窘境。这条看似高效 的"最后一公里"，究竟被什么绊住了脚步？ 以下文章来源于长青研究社 ，作者林诗琪 从服务规模看，部分试点地区已取得显著增长。据宁波日报报道，自宁波开展服务以来，其"网约护 士"居家医疗护理规模逐渐扩大，宁波市2023年网约护士上门服务量达 5.2 万人次，占全省近一半； 2024年这一数字飙升至 9.4 万人次，同比增长超过80%，反映出市场需求的快速增长。 医疗护理服务的"最后一公里" 2019年2月，国家卫生健康委员会发布《"互联网+护理服务"试点工作方案》，在 ...

Core Viewpoint - The article discusses the recent "clean shopping cart action" initiated by the FCC, which has led to the removal of millions of Chinese electronic products from major U.S. e-commerce platforms, significantly impacting companies like Hikvision and Dahua [4][10]. Group 1: Impact of FCC Actions - The FCC has declared that millions of products containing banned brand keywords or lacking proper authorization have been removed from e-commerce platforms [6][10]. - Hikvision and Dahua have already seen a decline in their U.S. business, with Hikvision reporting that U.S. revenue accounts for less than 3% of its overseas income [4][10]. - The FCC's tightening regulations may also affect overseas companies that use components from blacklisted firms, potentially leading to broader market disruptions [14][20]. Group 2: Market Dynamics - The U.S. remains the largest single market for surveillance equipment, with approximately 30 million units shipped annually, compared to 20 million in China and 10 million in Europe [19]. - Chinese security brands face challenges in the U.S. market due to local competitors like Ring and Arlo, which benefit from better software services and localized support [20][21]. - The tightening of FCC regulations adds further pressure on Chinese brands, which must adapt to maintain market presence [20][26]. Group 3: Strategic Responses - Chinese security companies are exploring new strategies, such as adopting local storage solutions to reduce costs and address privacy concerns [22][23]. - There is a growing focus on expanding into emerging markets in Southeast Asia, South America, and Africa, where demand for surveillance solutions is increasing [24][25]. - Hikvision's 2024 annual report indicates that developing countries now account for over 70% of its overseas revenue, highlighting a shift in focus due to regulatory pressures in the U.S. [26].

Core Viewpoint - The article discusses the newly released development action plan for the "urban agglomeration integration" in the Yangtze River Delta, highlighting the collaboration among six major urban agglomerations: Shanghai, Nanjing, Hangzhou, Suzhou, Wuxi, Changzhou, Hefei, and Ningbo, aiming to enhance the effects of integration and cooperation [4][5]. Group 1: Urban Agglomeration Characteristics - The Yangtze River Delta is home to six urban agglomerations, which is significant given that there are over 30 relatively mature urban agglomerations across the country [5]. - The Yangtze River Delta urban agglomeration is one of the three world-class city clusters in China, alongside the Beijing-Tianjin-Hebei and Guangdong-Hong Kong-Macau Greater Bay Area [7][8]. - Urban agglomerations typically have a single core city and aim for a "one-hour commuting circle," while city clusters encompass multiple urban agglomerations and focus on integration [9][10]. Group 2: Interconnectedness of Urban Agglomerations - The urban agglomerations in the Yangtze River Delta are not strictly defined; they overlap and interconnect, creating a complex network [16]. - The Shanghai urban agglomeration is the strongest, encompassing the Suzhou and Ningbo urban agglomerations, forming a "1+8" or "1+13" super circle [16]. - The Nanjing urban agglomeration spans across Jiangsu and Anhui provinces, indicating the cross-regional nature of these urban agglomerations [18]. Group 3: Competitive Dynamics - The Yangtze River Delta does not have a dominant provincial capital but rather strong urban agglomerations that thrive through market selection rather than administrative consolidation [22][23]. - This competitive dynamic allows ordinary cities to benefit from multiple urban agglomerations, enhancing their development opportunities [25][26]. - The article emphasizes the importance of abandoning the "strong provincial capital" mindset in favor of a more collaborative approach among cities [27][28]. Group 4: Development Strategies for World-Class City Clusters - The central government supports the development of world-class city clusters, including the Yangtze River Delta, which aims to break down barriers to resource allocation and market integration [30][31]. - Key strategies include building cross-city transportation networks, enhancing cooperation between urban agglomerations, and fostering industrial and technological collaboration [32][35][39]. - The article outlines a comprehensive plan for coordinated development, including infrastructure connectivity, innovation collaboration, and shared public services [42][43].

用关注决定视界｜复杂世界的策展人 出品 | 虎嗅青年文化组 作者 | 阿珂可 编辑、题图 | 渣渣郡 本文首发于虎嗅年轻内容公众号"那個NG"（ID：huxiu4youth）。在这里，我们呈现当下年轻人的面貌、故事 和态度。 你可能经常在网上看到这样的锐评：合照里的女生好辣好美，旁边的男的也是个男的。 当时大家肯定是在开玩笑，但现在酷不酷这件事儿，被外网的时尚博主们正式纳入了择偶标准。 以下文章来源于那个NG ，作者阿珂可 那个NG . 他们正振臂高呼：千万不要和土狗谈恋爱。 最近的TikTok上正在风靡一个流行词—— Swag Gap 。它可以被直译为"时尚差距"。 简单来说，就是把中国人讲究门当户对的那套标准，搬到了亲密关系双方的穿搭上。支持者认为，土人和潮人 之间有着一道隔离带，所以绝对不能谈恋爱。 在这个话题下，目前最热门的视频便是@daishagutierrez的表态。她认为：甚至都不能和有时尚差距的人做朋 友，因为他们终将会变成一个试图成为你的神经病。 截至日前，这条视频已经获赞超30万。而评论区几乎一边倒地表示支持。 | s Hiva | | --- | | SWAG GAP IS SO REA ...

Core Insights - The article highlights the emergence of a new generation of entrepreneurs born after 2000, particularly in the AI 2.0 era, with a significant portion of applicants for the "Top 20 AI Leaders Under 30" being from this demographic [2][11] - Many of these young founders are school dropouts, indicating a shift in traditional educational paths towards entrepreneurship in the tech sector [2][5] Group 1: Entrepreneurial Landscape - Approximately one-third of the applicants for the "Top 20 AI Leaders Under 30" are from the post-2000 generation, showcasing a trend of youth engagement in AI startups [2] - The fields of these young entrepreneurs include AI automation, AI sales, and AI programming assistants, with many having backgrounds from prestigious institutions like MIT and Stanford [3][4] - The article notes that these entrepreneurs often do not fit the mold of traditional "good students," with some openly discussing their controversial projects that led to academic consequences [5] Group 2: Motivations and Mindset - The advent of tools like ChatGPT has inspired many young entrepreneurs to explore AI's potential, leading to a surge in innovative projects and applications [6] - A common motivation among these entrepreneurs is the desire to create products that make a significant impact, with some expressing ambitions to develop groundbreaking technologies [6][8] - The acceptance of failure is notably high among these young founders, who frequently pivot their products in response to rapid technological changes [7] Group 3: Educational Perspectives - The article discusses the evolving nature of education in the context of AI, emphasizing the need for skills that foster collaborative, entrepreneurial, and interdisciplinary thinking [8][9] - It suggests that the current educational framework may need to adapt to better prepare future talent for the demands of the AI-driven market [8] Group 4: Future Outlook - The article concludes with a call to action for identifying and supporting these young innovators, as they are seen as key players in shaping the future of AI and its applications globally [11]

AGI接口 . AI卷起的财富风暴。 以下文章来源于AGI接口 ，作者SnowyM 一家公司因AI估值腰斩，靠 AI转型试图逆袭的故事 出品｜虎嗅科技组 作者｜SnowyM 编辑｜陈伊凡 头图｜AI生成 "AI 原生 100" 是虎嗅科技组推出针对 AI 原生创新栏目，这是本系列的第「 24 」篇文章。 在硅谷的叙事中，很少有公司的资本故事像Airtable一样，如此完美地封装了不同时代的狂热与冷静。 它曾是"无代码"运动的宠儿，是风险资本家眼中重新定义生产力的未来。在其巅峰时刻，它不仅是一家公 司，更是一个价值117亿美元科技独角兽的象征。 然而，AI的到来让资本市场的潮汐转向，这比任何人预想的都要迅猛和残酷，Airtable的百亿美元估值神话 直接被腰斩，成为了被AI影响最大的公司之一。 这场资本市场的"压力测试"迫使Airtable进行一场壮士断腕式的AI转型，让一位创始人决心"重塑"自己亲手 打造的公司，做一场"第二次创业"的豪赌。 "在AI原生时代，原先许多公司引以为傲的核心资产正在被AI击穿。"虎嗅在与许多业内人士沟通中，都表 达了同样的观点。投资人也发现，AI转型对于这些原先在另一场科技浪潮中获 ...

Group 1 - The core argument is that the rapid technological and social changes of the intelligent era are outpacing the evolutionary adaptations of the human body and mind, leading to a sense of spiritual deprivation despite material abundance [3][5]. - The "healing economy" is thriving due to the structural contradictions between human physiological and psychological mechanisms and the overwhelming pressures of the intelligent age [5]. - The average sleep duration for adults in China is reported to be only 7.06 hours, indicating a disruption of ancient sleep patterns due to constant engagement with smart devices and entertainment [5]. Group 2 - The transition from an information-scarce era to a survival war for attention is highlighted, with individuals now exposed to information volumes that far exceed those of previous decades [7][10]. - The amount of effective information received daily by individuals is over five times greater than that of people 30 years ago, yet human attention capacity remains constant [7][10]. - The relationship between information and attention has fundamentally reversed, leading to a scarcity of attention and a competitive struggle for it [8][10]. Group 3 - The article suggests a paradigm shift where content is viewed as a living entity that seeks survival and recognition, thus intensifying the competition for human attention [12]. - Content creators employ various strategies to capture attention, including appealing to human instincts and emotions, and leveraging biological traits [12][14][16]. - The design of content is increasingly aimed at maximizing engagement and attention, often at the expense of genuine value [12][29]. Group 4 - The emergence of algorithmic filters has shifted the focus from societal benefit to platform profit, leading to a commodification of attention [27][29]. - Traditional information filters, which prioritized societal welfare, are being replaced by algorithms that prioritize cash flow and user engagement metrics [27][29]. - The new filtering mechanisms result in a distortion of reality, where only high-impact or sensational content is promoted, exacerbating feelings of inadequacy among individuals [29]. Group 5 - The intelligent era is leading to a scarcity of essential human qualities, such as intimacy, economic autonomy, focus, and critical thinking [31][33][35]. - The article predicts the emergence of new industries focused on attention management, personal development, and mental health, potentially reaching billion-dollar scales [39][46]. - The need for critical thinking and information literacy in education is emphasized as a response to the challenges posed by algorithmic content delivery [30].