Core Viewpoint - The introduction of cooking robots in the restaurant industry is transforming traditional kitchen operations, addressing challenges such as high chef turnover, rising labor costs, and the need for standardized food quality [1][2][5]. Group 1: Adoption of Cooking Robots - Many restaurant owners are increasingly adopting cooking robots to replace chefs, with significant cost savings and operational efficiency [1][4]. - For example, the use of cooking robots at Lanzhou Happiness Canteen has reduced the number of chefs by half and lowered raw material costs by over 30% [1][9]. - The shift towards cooking robots is seen as a necessary evolution in the industry, especially for community canteens that serve a stable customer base [1][4]. Group 2: Operational Efficiency and Cost Reduction - Cooking robots allow for a significant reduction in labor costs; for instance, a restaurant that previously required 10 staff members can now operate with just 2 robot operators [7][9]. - The average monthly labor cost for a restaurant using cooking robots can drop from approximately 75,000-80,000 yuan to about 19,000 yuan [9]. - Cooking robots can also enhance the speed of service, with some restaurants achieving a full meal service in as little as 26 minutes [9]. Group 3: Standardization and Quality Control - Cooking robots enable restaurants to maintain consistent food quality, as they can execute recipes with precision, reducing variability in taste and presentation [8][9]. - The ability to standardize recipes and ingredient measurements helps in minimizing waste and improving cost management [9]. - The implementation of cooking robots allows for the reallocation of chefs to roles focused on recipe development, further enhancing the quality of offerings [7][8]. Group 4: Market Dynamics and Consumer Perception - Despite the operational benefits, there is hesitance among restaurant owners to publicly disclose the use of cooking robots due to mixed consumer perceptions [11][12]. - Some consumers associate "freshly cooked" meals with traditional chefs, leading to concerns about the acceptance of robot-cooked meals in higher-end dining establishments [12][13]. - The market for cooking robots is expected to grow significantly, with companies reporting sales increases of over 200% in recent years [13].

中国区域发展不平衡、不充分的现象突出，除了政策、资金等 常规的宏观调控手段，官员交流也成为促进区域协调发展的重 要措施。 从厅局级到省部级，这一轮官员的北上调任，可谓渐成气候。这也为接下来的省部级官员人事调动，做出了指向。更多懂经济的省部级官员北 上履新，有利于为北方经济的发展打开新局面。 中国区域发展不平衡、不充分的现象突出，除了政策、资金等常规的宏观调控手段，官员交流也成为促进区域协调发展的重要措施。东北和长 三角之间的"定向"干部交流，就是在东北振兴和"对口协作"政策的背景下逐步形成的。 跨区域官员的调动，和中国各区域经济发展不平衡直接相关。历史上，中高级别官员的跨区域调动就有深厚的历史传统，在大一统的治理体系 中殊为贵重。其意义在于，一方面，地方官若久居一隅，容易形成盘根错节的利益网；另一方面，中国不同省域的治理重点天差地别，通过跨 区域调动，能不断丰富和历练官员的治理能力。 作者： 宋馥李 封图：图虫创意 国庆节前夕，两则官员调动备受关注。9月3 0日，广东省省长王伟中调任内蒙古自治区党委书记，而一日之后，江苏省省长许昆林调任辽宁省 委书记。内蒙古和辽宁是北方的经济大省，也是东北振兴的重要省份，两省 ...

Group 1 - The article discusses the experiences of young investors in the stock market, highlighting their struggles with losses and the emotional toll of trading decisions [3][4][11] - It emphasizes the significant market movements, with the A-share market's total market value increasing by 51.57% and the Shanghai Composite Index rising by 37.4% since the start of the "9·24" rally [4][6] - The narrative includes personal stories of investors like Mr. Bai and Xiao Chen, illustrating their learning curves and the impact of market volatility on their investment strategies [5][9][12] Group 2 - The article notes that many new investors faced challenges such as "cutting losses" and "missing out" on potential gains, leading to a deeper understanding of market dynamics [3][7][10] - It highlights the importance of diversification in investment portfolios, as demonstrated by Mr. Bai's successful strategies in navigating market fluctuations [9][15] - The article also points out the growing interest in technology stocks, with significant gains in sectors like TMT (Technology, Media, and Telecommunications) and advanced manufacturing [15][16] Group 3 - The article mentions that from September 24, 2024, to October 9, 2025, 1,308 stocks in the A-share market doubled in price, indicating a strong market performance [14] - It discusses the regulatory requirement for investors to have two years of trading experience to access certain high-growth sectors, reflecting the risks associated with volatile stocks [14][15] - The article concludes with insights from analysts suggesting that the market may experience a gradual upward trend amidst volatility, with a focus on technology growth as a key investment theme [16]

在美元存款利率上升的过程中，外币理财尤其是美元理财的利 率也节节攀升，2023年至2024年，有理财公司推出的美元理 财产品年化收益在5%以上，远远超过其业绩比较基准。 作者： 胡艳明 封图：图虫创意 9月底，北京的潘女士收到朋友转发给她的一张银行存款产品介绍信息——某银行的国庆专享美元 存款产品（1年期）年化利率达3.85%，5000美元起存。 3.85%是目前市面上比较高的美元存款利率了。 随着9月美联储降息消息落地，美元相关资产受到了政策利率变动的影响。以美元存款为例，部分 银行跟进下调了美元存款的利率。 在美元加息周期内，美元存款利率从年化3%左右，逐步达到5.5%左右，而在新开启的降息周期， 又逐步回落，到现在不及4%。 自2022年以来，潘女士经历了美元存款利率从节节升高到逐渐走低的过程。她有一笔美元存款将 在今年12月底到期，是到期后结汇，还是继续购买美元存款，抑或转投美元理财？ 很多像潘女士一样的投资者，希望为资产找一个好的"归宿"。 美元存款利率"过山车" "人民币3年期存款年利率为1.8%；美元1年期存款年利率最高达3.3%。"9月18日上午10点，潘女 士看到某家股份行的客户经理推介该行 ...

Core Viewpoint - The current automotive market is undergoing a transformation, with rapid technological advancements and frequent new model launches significantly impacting vehicle depreciation rates, particularly for electric vehicles [3][7]. Group 1: Market Trends - The automotive market is experiencing a surge in new model releases, with over 70 new models launched in September alone, indicating a vibrant sales season [6]. - The average depreciation rate for three-year-old plug-in hybrid vehicles is 43.9%, while pure electric vehicles have an average depreciation rate of 42.6%, both lower than traditional fuel vehicles, which maintain an average depreciation rate above 50% [4][6]. Group 2: Factors Influencing Depreciation - The rapid iteration of technology, especially in electric vehicles, leads to accelerated depreciation of older models, as the technology update cycle has shortened from 3-5 years to 1-2 years [9]. - Brand influence remains a core factor in determining vehicle depreciation rates, with luxury and mainstream brands maintaining higher resale values due to brand equity [8]. - Market ownership levels directly affect the liquidity of the used car market, with models that have higher ownership typically offering better after-sales service and parts supply, thus preserving their second-hand value [8]. Group 3: Consumer Guidance - Consumers are advised to focus on the three-year depreciation rate data of target models before purchasing, as this reflects the long-term value trajectory of vehicles [11]. - Choosing brands with stable pricing strategies is crucial, as those that avoid frequent price wars tend to maintain higher depreciation rates [11]. - The importance of after-sales service and warranty policies, particularly for electric vehicles, is emphasized, as these factors can alleviate consumer concerns about battery degradation and enhance vehicle resale value [12].

"我们卖的不再是单一的洗碗机，而是一个模块化的精准清洁 工具。"黄绵煌这样定义厘刻产品的演进思路，他希望洗碗机 行业实现一个核心转变：重塑品类认知，很多家用、商用的器 皿、器具都可以放进去，实现秒速清洗。 作者： 钱玉娟 封图：受访者供图 在全球家电产业中，迷你洗碗机并非新概念。从一个舶来品到本土化创新，洗碗机的进化速度虽快，但大多数创新产品仅是体积变小，核心的洗涤技 术、使用逻辑仍是传统洗碗机的"缩水版"。 厘刻秒速餐洗机的特点，不在小，第贰曲线联合创始人黄绵煌介绍，"秒速"才是颠覆用户体验，为厨房带去革命的关键。避开与行业巨头的正面竞争， 第贰曲线通过底层技术创新，将洗碗机从一个笨重、周期性的家庭公用设备，变成一个轻量、瞬时的个人清洁工具，这是对洗碗机品类边界的一次拓 展。 厘刻秒速餐洗机在今年"618"大促前上线，不到一个月，首批200台备货售罄。过去几个月，除了盯国内市场的反馈，黄绵煌还接到不少来自印度尼西 亚、日本等地代理商的订单邀约。黄绵煌团队正在验证一个命题：在中国成熟的制造产业链基础上，原始创新不但能在成熟市场上撕开一道口子，也将 让新一代硬科技创业公司快速成长。 在红海中找机会 黄绵煌199 ...

经济观察报：这几年，调整个税起征点、优化税率等改革建议总能引发广泛讨论？这类呼吁背后的 社会诉求是什么？ 叶永青： 个税改革成为焦点，背后是经济、社会公平和税制现代化多重因素的深度交织。 这并非 简单的"提高起征点"呼声，更关乎国家治理体系的优化。 主要原因包括以下几点： 首先，个税被认为是社会二次分配的重要组成部分，且与每个人的切身利益息息相关，因此备受关 注。在当前中国的大背景下，基于共同富裕的概念与促进经济发展、提振消费的需求，减轻中低收 入群体税负，能直接增加其可支配收入，对提振消费有立竿见影的效果。 自2018年个税起征点调整以来，居民收入与生活成本（尤其是大城市的住房、教育、医疗支出） 已显著提高。此外，现行的固定扣除标准难以充分反映不同地区、不同家庭的实际负担差异及通胀 效应，因此调整的呼声持续存在。 叶永青认为，当前对高收入群体的税收调节力度仍在不断加 强，这背后的原因在于：历史上，我国税制在资本相关规则与 管理方面相对宽松。 作者： 杜涛 封图：图虫创意 每年两会期间，都有不少委员代表提出个人所得税（下称"个税"）改革的建议，比如提高起征点 等。 党的二十大报告提出"完善个人所得税制度，规范 ...

Core Viewpoint - The article discusses the rising gold prices and the renewed interest among investors in gold as an asset class, questioning its future allocation potential amidst ongoing geopolitical tensions and market volatility [2][4]. Group 1: Gold Price Trends - Since 2025, international gold prices have surged, breaking through key levels of $3000, $3500, and $4000 per ounce, with a year-to-date increase exceeding 50% as of October 8 [2][13]. - The World Gold Council attributes the price increase to geopolitical and economic risks, strong demand for gold ETFs, and consistent central bank purchases [13][14]. Group 2: Investor Experiences - Investor "Xue Di" has seen significant returns from early investments in gold, with a total investment exceeding 2 million yuan and profits around 1.5 million yuan, emphasizing the importance of timing in gold investments [2][8]. - Another investor, "Liu Yun," transitioned from trading gold ETFs to purchasing physical gold bars, reflecting a shift from a trading mindset to a long-term value preservation strategy [10][12]. Group 3: Market Demand and Central Bank Activity - In the first half of the year, China's retail gold investment and consumption reached 518 tons, a 5% increase year-on-year, with significant inflows into gold ETFs [13]. - As of August 2023, China's official gold reserves reached 2298.43 tons, marking ten consecutive months of increases, indicating a robust central bank strategy to diversify reserves [13]. Group 4: Future Price Predictions - Goldman Sachs raised its 2026 gold price forecast from $4300 to $4900 per ounce, citing strong demand from central banks and private sectors [14]. - However, some institutions, including Bank of America and UBS, caution that gold may face a correction in the near term, with potential price levels dropping to $3525 or $3800 per ounce [15].

要让人在财富的创造中发挥更重要的作用，需要我们更有效地"投资于人"，以一种更长远而非短期功利的心态"投资于人"。 拿教育来说，从巩固普惠性学前教育到推动义务教育优质均衡发展，再到高等教育改革和终身教育机制建设，我们需要培养更多高素质、高技能的人 才，以适应新的就业形势。这种"高"不仅仅是指学历上的高，也不是单指持有多高级别的资质证书，而是技能的多元和精深。每个人有着不同的性格禀 赋，这些禀赋在锻炼和培训后，能够胜任不同岗位、满足不同市场需求。这也意味着，我们需要通过各种劳动技能培训，让更多人有机会发挥自己的一 技之长。 个人能力的充分发挥也需要一个更加丰富多元的市场。从个体角度来说，这种丰富和多元来自人们千差万别的兴趣爱好。这些不同的兴趣爱好既创造了 不同的市场需求，也为具有不同性格和才能的人提供了发挥的空间——他们可能正是需求的提供者。 我们应该清楚地认识到人在财富增长中的重要性，要让人在财 富的创造中发挥更重要的作用，更要让财富的增值服务于占据 大多数的普通人。这将带来更具包容性的长期增长。 作者： 社论 封图：图虫创意 刚刚过去的国庆中秋双节创出了新高：总计8.88亿人次出游，总花费超过8000亿元。为 ...

Core Viewpoint - The copper industry is experiencing a dichotomy during the National Day holiday in 2025, with some companies operating at full capacity while others are forced to halt production due to high copper prices and weak demand from downstream sectors [1][4][26]. Group 1: Production and Operations - Among 61 domestic copper rod enterprises, 19 chose to operate during the National Day holiday, including 16 recycled copper rod companies and 3 refined copper rod companies, with a combined capacity of 2.795 million tons [2][4]. - A copper rod enterprise in Jiangxi reported that they prepared over 1,000 tons of recycled copper raw materials to ensure continuous production during the holiday, indicating strong order demand [2][8]. - In contrast, refined copper rod enterprises averaged 4.05 days off during the holiday in 2025, an increase from 3.95 days in 2023, reflecting a slowdown in orders and production [1][3]. Group 2: Market Dynamics - The copper price surged due to supply disruptions from the Grasberg copper mine in Indonesia, impacting the entire copper sector and leading to a strong performance in the A-share market [4][35]. - Despite high copper prices, downstream orders have not returned to peak levels, with some enterprises adopting a cautious approach to production due to regional policy uncertainties [5][32]. - The dichotomy in the industry is evident, with recycled copper rod enterprises needing to prepare 600 to 750 tons of raw materials to maintain operations, while refined copper rod enterprises face reduced demand and longer holiday breaks [13][26]. Group 3: Financial Pressures - High copper prices have led to increased financial pressure on refined copper rod enterprises, with inventory levels rising significantly and payment cycles extending [27][32]. - A refined copper rod enterprise reported that their inventory had doubled to over 2,000 tons, leading to substantial financial costs during the holiday [26][27]. - The decision to conduct maintenance during the holiday was calculated to minimize losses, with companies estimating that holiday maintenance could save them significant financial resources compared to maintenance during peak production periods [30]. Group 4: Future Outlook - After the holiday, copper industry enterprises resumed production, with LME copper prices reaching a 16-month high, indicating a potential recovery in demand [34][35]. - The International Copper Study Group (ICSG) predicts a shift from surplus to shortage in the copper market by 2026, driven by tightening supply and structural demand growth [36][39]. - The Ministry of Industry and Information Technology's plan for the non-ferrous metals industry aims for a significant increase in recycled metal production, which may influence future investment and operational strategies in the copper sector [38][39].