以下文章来源于妙投APP ，作者丁萍 妙投APP . 出品 | 妙投APP 作者 | 丁萍 头图 | AI生图 一场系统性的"大贬值"，正以前所未有的规模席卷全球，而它的风暴眼，就在华盛顿的美联储。 这个曾经被视为全球金融稳定器的机构，如今正悖论般地，沦为这场大贬值的加速器。它所承受的，远非寻常的压 力—— 左侧是通胀复燃的深渊，右侧是经济衰退的悬崖，而它的脖子上，还架着一把来自白宫的利刃 。 这幅内外交困的狼狈景象，与多年前一本名为《大贬值》的著作中的预言，精准地重合了。当经济学家丹尼尔·巴 拉塔在这本书中写下"债务炸弹"与"危机周期"的预言时，市场一笑置之，视其为又一次危言耸听。 但到了今天我们才惊骇地发现，那并非预言，而是早已写好的剧本。 美元资产大规模贬值的核心，实际上就是规则制定者权威的崩塌，制度功能的失灵，而这又会波及到每一个普通人 的钱包。 那么，在这场"大贬值"中，我们该如何保住自己的筹码？ 购买力的侵蚀 虎嗅旗下二级市场投研服务品牌，为您提供精选上市公司价值拆解，热门赛道产业链梳理 本文播客版由豆包AI播客功能自动生成 我们正处在一场由美元主导的体系性"大贬值"中，而顽固的通胀，就是这场贬值 ...

Group 1 - Beijing has experienced extreme rainfall leading to significant casualties and damage, with 30 reported deaths and over 80,000 people evacuated [2][3] - The rainfall has caused severe infrastructure damage, including 31 road disruptions and power outages affecting 136 villages [2][3] - The government has activated emergency response measures and is coordinating rescue and recovery efforts [4] Group 2 - The Chinese government has announced a new childcare subsidy program, providing 3,600 yuan per child per year until the child reaches three years old, starting from January 1, 2025 [6][7] - The subsidy is applicable to all children regardless of the number of children in the family, and parents can apply through an online system [7][8] Group 3 - Longfor Group is in discussions to invite strategic investors from mainland China to join a port trading consortium, indicating ongoing negotiations despite the expiration of an exclusive negotiation period [22] - The company has emphasized that no transactions will occur until all necessary regulatory approvals are obtained [22] Group 4 - Samsung Electronics has signed a semiconductor supply agreement valued at approximately $16.5 billion, with speculation that the client is Tesla [25][28] - Following the announcement, Samsung's stock price rose by 3.5%, marking its largest intraday gain in four weeks [26] Group 5 - The CEO of Ideal Auto has publicly denied making derogatory comments about technology, seeking to clarify his position on the company's focus on valuable technology [33] - Xiaopeng Motors' vice president has refuted rumors regarding the reintroduction of LiDAR technology, asserting the company's commitment to a vision-based approach [34]

Core Viewpoint - The newly introduced childcare subsidy policy aims to provide financial support for families with children under three years old, with a current annual subsidy of 3600 yuan per child, which many perceive as insufficient given the high costs of raising children in China [4][5][24]. Group 1: Subsidy Details - Starting from January 1, 2025, the government will issue subsidies for children under three years old, with a basic standard of 3600 yuan per child per year [4][5]. - Some regions, like Hohhot, offer additional one-time subsidies, making the total support for a first child up to 20800 yuan [8]. - The expectation is that the subsidy amount may increase in the future, potentially reaching 10000 yuan or more per year [8]. Group 2: Cost of Raising Children - The average cost of raising a child in China from 0 to 17 years is approximately 538,312 yuan, with urban areas like Shanghai and Beijing having even higher costs of 101,000 yuan and 93,600 yuan respectively [20][21]. - The breakdown of costs shows that raising a child involves significant expenses at various stages, with the largest portion incurred during the ages of 6-14 years [23]. - The high cost of child-rearing in China is highlighted by the fact that it is 6.3 times the per capita GDP, which is among the highest globally [21]. Group 3: Societal Attitudes Towards Childbirth - There is a growing sentiment among the public that the current subsidy is inadequate, with many individuals expressing that they would not consider having children for such a small financial incentive [5][6][9]. - The article notes that societal attitudes towards childbirth are influenced by various factors, including economic conditions and personal aspirations, leading to a decline in birth rates [30][31][35]. - The disparity in birth rates between wealthier and poorer populations is evident, with lower-income families often having a higher birth rate compared to their wealthier counterparts [35][49]. Group 4: Policy Implications and Recommendations - The government’s intention behind the subsidy is to provide a safety net for families who wish to have children, rather than to encourage high-income families to have more children [24][27]. - Suggestions for improving the situation include creating a more supportive environment for families, such as enhancing childcare services, providing parental leave, and ensuring access to quality education [67][68]. - The article argues against punitive measures like taxing single individuals, emphasizing the need for positive incentives rather than moral coercion [62][68].

Group 1 - The core issue highlighted is the significant deficiency of dietary fiber in the Chinese diet, which has been declining since 1982, leading to various health problems [4][5][9] - The recommended daily intake of dietary fiber for adults is 25-30 grams, but the average intake has dropped from 13.3 grams in 1992 to 9.9 grams in 2015, which is less than half of the recommended amount [6][9] - The primary sources of dietary fiber in China are grains (43.4%) and vegetables (36.2%), with fruits contributing only 4.5% [10][13] Group 2 - The decline in dietary fiber intake is attributed to the increased consumption of refined grains, with the average daily grain intake dropping from 498 grams in 1982 to 281.1 grams in 2015 [17][21] - The consumption of coarse grains has decreased dramatically, with an 84% reduction in intake from 92 grams to 14.8 grams during the same period [18][21] - The shift towards a diet higher in meat and refined carbohydrates has led to a decrease in dietary fiber, as refined grains have a lower fiber density compared to whole grains [22][24] Group 3 - Dietary fiber is crucial for maintaining metabolic balance and preventing health issues such as constipation, cardiovascular diseases, and type 2 diabetes [27][28] - Studies indicate that increasing dietary fiber intake can significantly reduce all-cause mortality risk by 10% for every additional 10 grams consumed daily [28][29] - High-fiber foods include whole grains, legumes, and certain traditional ingredients, which can be incorporated into daily meals to improve fiber intake [28][29]

Core Viewpoint - The article discusses the emerging opportunities and trends in the AI industry, particularly focusing on the potential of startups and innovations in various verticals of AI technology, highlighting the shift towards specialized applications and the importance of foundational technologies in driving future growth [3][4][24]. Group 1: AI Industry Trends - The current wave of AI is characterized as a "young people's era," with startups leveraging AI-native thinking to drive innovation [4]. - Future opportunities in AI are identified in three areas: breakthroughs in algorithm limitations, real-world interactions, and AI safety [4]. - The underground exhibition area showcases startups that are developing practical AI applications, contrasting with the more flashy displays in other sections [3][4]. Group 2: Startup Innovations - Companies like 共绩算力 are addressing the demand for flexible computing power by creating a platform that shares idle computing resources, akin to an "Airbnb for computing" [6][7]. - The AI training process is likened to a chef experimenting with ingredients, emphasizing the high resource consumption and the need for efficient computing solutions [8][9]. - Startups such as AKool and 医者AI are focusing on specific verticals, with AKool generating over $40 million in annual recurring revenue and targeting both consumer and business markets [20]. Group 3: Investment Landscape - Investors are increasingly interested in vertical AI applications, moving away from general-purpose AI products to more specialized solutions [19][24]. - The article notes a growing consensus among investors to explore vertical AI opportunities, particularly in sectors like healthcare and education [19][24]. - The emergence of companies like RWKV, which aims to innovate beyond the Transformer architecture, highlights the ongoing evolution in AI model development [14][15]. Group 4: Future Outlook - The article suggests that the current landscape of AI startups is dynamic, with many companies rapidly iterating on their products and seeking to educate both clients and investors about their innovations [24]. - The potential for significant transformation in the AI sector is acknowledged, with the possibility that many current projects may evolve or cease to exist as technology and market conditions change [24]. - The narrative emphasizes the importance of independent thinking and innovation in shaping a better future for the AI industry [25].

Core Viewpoint - The article discusses the transformation of Shaolin Temple into a cultural IP under the leadership of Shi Yongxin, highlighting the contrast between its historical neglect and its current status as a popular cultural symbol [1][4]. Historical Context - Shaolin Temple entered a long period of neglect after the 1928 fire, with very few monks remaining, leading to its diminished operational status before the reform and opening [2]. - The rise of Shaolin's martial arts culture largely occurred after the temple's decline, with significant cultural references emerging from the 1950s onwards, particularly through literature and film [3]. Cultural Revival - Shi Yongxin's tenure saw a concerted effort to "revive" Shaolin martial arts, which had been interrupted for nearly 60 years, through the appropriation of existing cultural narratives rather than genuine historical continuity [4][6]. - The establishment of the Shaolin Martial Arts Team in 1984 and subsequent international tours helped to popularize Shaolin culture, although the authenticity of the martial arts being taught has been questioned [6][8]. IP Development - The construction of the new Sutra Repository in 1993, despite lacking original texts, served to create a narrative around Shaolin's cultural heritage, enhancing its appeal to tourists [7]. - The article argues that the success of Shaolin Temple as a cultural IP is partly due to external entities promoting Shaolin culture, which has inadvertently supported the temple's brand [8][10]. Comparison with Wudang Mountain - Wudang Mountain, despite having a larger tourist base, has not effectively capitalized on its cultural narratives in the same way as Shaolin Temple, leading to a disparity in cultural influence [9][10]. - The article suggests that the difference in IP management strategies between Shaolin and Wudang is a key factor in their respective cultural impacts [10][11]. Conclusion - The article concludes that while Shi Yongxin's methods of cultural appropriation may be ethically questionable, they have proven effective in establishing Shaolin Temple as a significant cultural IP, demonstrating a strategic approach to leveraging existing cultural narratives for commercial success [11].

Core Viewpoint - Jeju Island has become a popular destination for workers from Jiangsu, Zhejiang, and Shanghai due to its convenient flights, low prices, and proximity, transforming it into a commercial hub centered around Chinese tourists [17][18][28]. Group 1: Tourism Dynamics - The majority of tourists in Jeju Island are Chinese, with over 70% communicating in Chinese [5][7]. - Jeju Island's Myth World theme park is heavily influenced by Chinese investment and caters to Chinese tourists' preferences for entertainment and shopping [6][29]. - The influx of Jiangsu and Zhejiang tourists has created a vibrant commercial ecosystem in Jeju, with local businesses adapting to meet their needs [7][29]. Group 2: Accessibility and Pricing - There are 35 direct flight routes from China to Jeju Island, with 370 weekly flights, making it highly accessible [19][20]. - The cost of flights to Jeju Island is significantly lower than domestic travel options, with round-trip tickets often priced between 500 to 800 RMB, making it an attractive option for budget-conscious travelers [24][28]. - The flight duration from Shanghai to Jeju is approximately 2 hours, which is comparable to the time spent traveling to local airports during peak traffic [25][26]. Group 3: Policy Implications - The South Korean government is considering extending visa exemptions for Chinese tourists, which could further boost tourism from this demographic [29][30]. - The goal for South Korea is to attract 5.36 million Chinese tourists by 2025, aiming to recover from the economic downturn post-pandemic [30]. - The potential for individual tourist visa exemptions could lead to a significant increase in Chinese visitors, reshaping the tourism landscape in Jeju Island [32][33].

作者｜商业消费主笔 黄青春 题图｜视觉中国 这次，辛巴算是踩中"雷区"了。 上周，网红辛巴因自创卫生巾品牌"棉密码"被质疑致癌在微博热搜挂了三天，争议随着广州市白云区 卫生健康局逐级上报、拟进一步调查暂告一段落——但由此引发的卫生巾信任危机却愈演愈烈。 以下文章来源于黄青春频道 ，作者黄青春Youth 黄青春频道 . 看清流量迁徙的切面 出品｜虎嗅黄青春频道 毕竟，6月末，黄子韬自创卫生巾品牌"朵薇"才因含不明黑色异物被推上热搜；再往前，市面上销售 的大牌卫生巾也乱象频出——从 pH 值超标到检出荧光增白剂，从使用黑心棉到虫卵事件、甲醛超 标，卫生巾问题一再挑破网友的心理防线。 大家愤怒的是：为何女性贴身使用的卫生用品，连基本的安全保障都做不好？ 辛巴缘何再"翻车"？ 此次辛巴"翻车"，导火索始于《新京报》公布的一项调查。 有消费者集体送检了一批"棉密码"卫生巾产品（涵盖 2019 年 9 月至 2025 年 1 月生产的多批次样 品），10 份样品中有 7 份检出硫脲；其中，棉密码茶氧夜用卫生巾、棉密码茶氧日用卫生巾、棉密 码樱花·舒缓型迷你卫生巾的硫脲含量分别高达 3732.2022μg/g、3201.9 ...

Core Viewpoint - The article argues that the recent rise in the stock market, particularly the Shanghai Composite Index reaching 3600 points, is not fundamentally driven but rather influenced by cross-border capital flows, challenging the traditional view that stock markets reflect economic fundamentals [3][10][16]. Group 1: Economic Data and Stock Market - Critics of the stock market's rise cite economic data, particularly real estate and restaurant revenue, as indicators of underlying economic health [5][9]. - The article emphasizes that the stock market's performance is more closely tied to the return of overseas capital rather than domestic economic indicators [10][13]. Group 2: Capital Flow Dynamics - The return of overseas capital through mechanisms like currency exchange and northbound trading is identified as a primary driver of stock market increases, while improvements in domestic consumption lag behind [14][15]. - The article highlights that the cost of capital flow through northbound channels is significantly lower (under 1%) compared to gray market channels (around 10%), influencing investor behavior [15]. Group 3: Relationship Between Stock and Real Estate Markets - The article posits that the stock market leads the real estate market, with real estate prices lagging behind stock prices due to the different risk appetites of investors [16]. - It suggests that only when the stock market rises sufficiently to alter risk preferences will the real estate market stabilize and begin to rise [16]. Group 4: Investment Strategy Implications - The article warns against relying on fundamental economic indicators for stock investment, suggesting that such an approach may lead to poor investment outcomes [17]. - It concludes that the stock market has evolved to become a reservoir of wealth, attracting overseas capital, rather than being a mere reflection of economic conditions [16].

Core Viewpoint - The article emphasizes the importance of practical applications of AI tools for ordinary people, moving beyond the hype and anxiety surrounding AI to focus on actionable strategies for monetization [3][12]. Group 1: AI Monetization Strategies - "AI淘金站" serves as a platform for individuals seeking to transform AI into a practical tool for generating income, providing clear steps and real experiences [3][12]. - Case study 1 illustrates how to create a successful YouTube thumbnail in three steps: precise demand input, parameter adjustment using keyword grouping, and simple post-editing [6][7]. - Case study 2 highlights the potential of overseas markets, revealing a "35倍定律" where AI tools can yield 35 times the return compared to domestic markets due to higher subscription willingness [8]. Group 2: Real-World Applications - Case study 3 discusses a successful 小红书 account that gained 52,000 followers in a month by using AI tools to create engaging content without the need for filming or editing skills [10][11]. - The article encourages sharing personal experiences and practical steps within the "AI淘金站" community to demystify AI monetization and make it accessible to everyone [12]. Group 3: Community and Collaboration - The "浪岛" community is presented as a hub for AI enthusiasts, offering resources and networking opportunities for those looking to innovate and monetize AI technologies [14][15]. - The article invites individuals with expertise in AI commercialization and investment to join the community, emphasizing the collaborative nature of the platform [14][15].