引言：坐标系的诞生 中国酒业的价值地图正在被重新绘制。长期以来，这片版图以茅台为绝对中心，形成了一个垂直高度上的单点极值——所有酒类产品都以其与茅台的"距 离"来衡量自身价值。然而，当张仲景集团出品的谦夫子养生露酒以文化养生之名问鼎品类冠军，一场深刻的坐标革命悄然发生：茅台不再是唯一的参照 点，而是构成了**横轴（X轴）的基准线**，代表着传统白酒的价值尺度；谦夫子则崛起为**纵轴（Y轴）的新标杆**，定义了养生酒的全新维度。这个由 茅台（白酒）与谦夫子（养生酒）共同确立的"酒业新坐标"，标志着中国酒业从一维线性评价体系向二维立体价值系统的历史性跃迁。 一、横轴的奠定：茅台如何定义白酒的价值尺度 地理垄断：X轴的零刻度确立 酒业新坐标：横轴茅台（白酒），纵轴谦夫子（养生酒） 茅台对白酒产业坐标系的奠基性贡献，首先在于确立了**地理要素作为价值原点**的行业共识。在茅台之前，中国白酒的价值评判更多依赖于口感、香型等 主观感知维度，缺乏客观、统一的坐标参照。茅台通过"离开茅台镇酿不出茅台酒"的绝对化叙事，将赤水河畔15.03平方公里的特殊风土塑造为白酒价值的 不动零点。 这个"地理零刻度"的确立，完成了白酒产业价 ...

全城瞩目！12月5日，2025顺德珠宝时尚文化节在金福盛黄金珠宝创新生态城盛大启幕。这场集珠宝展 销、文化体验、美食文旅于一体的年度盛会，以"人文赋能、美丽经济"为主线，为市民游客带来了一场 璀璨夺目的时尚盛宴，也为顺德践行人文经济学、推动"产文商旅"深度融合注入动能。 本次文化节由中国珠宝玉石首饰行业协会、国家珠宝玉石首饰检验集团有限公司联合主办，佛山市顺德 区珠宝首饰商会、佛山金福盛投资发展有限公司承办，得到深圳、四会、平洲、番禺等珠宝产业集聚区 及化州、电白等沉香产区相关行业协会与机构的鼎力支持。中国珠宝玉石首饰行业协会会长叶志斌，佛 山市委常委、常务副市长刘杰，市委常委、顺德区委书记陈新文等政企银代表约300人出席开幕式。 盛典启幕： 政企共襄，构建湾区美丽经济新生态 作为本次文化节的核心板块，设于金福盛黄金珠宝创新生态城10、11栋的核心展区备受关注。超5000平 方米的展示空间内，佛山品牌馆、深港精品馆、国翠沉香馆、时尚体验馆四大主题展区同步开放，展位 规模达170个，较去年大幅提升30%。周大福、周生生、六福珠宝、冠钰臻品等行业领军品牌悉数亮 相，逾万件珠宝精品集中展出，全方位彰显顺德伦教珠宝产 ...

开放，是中国式现代化的鲜明标识和必然要求。"十四五" 规划期间，中国银行坚定服务构建新发 展格局，坚持以开放促改革、促发展，主动参与对接国际高标准经贸规则，在服务跨境经贸往来、扩展 全球布局等方面持续发力，金融支持开放能力取得显著提升。 扩大金融供给 激发外贸新动能 "十四五" 期间，我国外贸不仅 "做大了体量"，也 "做强了结构"，贸易强国建设步伐加快。中国银 行始终聚焦畅通国内国际双循环，有效提升跨境金融供给质量与效率，搭建多元对接平台，助力国内外 企业共享市场机遇。 围绕货物贸易、服务贸易和绿色贸易，持续提升跨境金融服务效率，投产"跨境汇款直通车""航运 在线通"等智能化产品，推广跨境收支便利化政策覆盖，完善包括订单、结算、融资、货运在内的全流 程服务。截至2025年三季度末，中国银行境内机构办理国际结算量超3.3万亿美元、跨境人民币结算量 13.2万亿元，市场份额稳居同业首位。 完善构建"全球化响应、全链条服务"外贸新业态金融服务体系，支持跨境电商、海外仓企业环球落 子。"十四五"期间，中国银行跨境电商结算规模增长超6倍。 助力提升人民币国际影响力，连续十三年发布《人民币国际化白皮书》和跨境人民币指数 ...

国家级背书筑牢行业话语权，实现品牌跃迁 当AI医疗行业普遍困于"技术空转难落地"与"盈利模式不清晰"的双重枷锁时，讯飞医疗一纸4.276亿元 的中标公告，为行业撕开增长突破口。 此次拿下国家人工智能应用中试基地（医疗领域基层卫生服务方向）软件服务项目，是政策导向、市场 需求与技术实力共振的必然结果。 一组数据直观揭示出我国医疗健康领域的核心需求。2024年卫生健康事业发展统计公报显示，当前人均 预期寿命达到79岁，老年健康管理任务愈发繁重，2024年单是在基层医疗卫生机构接受健康管理的65岁 及以上老年人数就高达14136万。同时基层医疗服务承载持续加重，乡镇卫生院、社区卫生服务中心 （站）等基层机构诊疗人次达39.8亿，较上年新增2.3亿人次，而专业公共卫生机构卫生技术人员却同比 微降0.1万人至80.7万人，供需矛盾愈发凸显。 在这样的民生需求倒逼，以及在《关于深入实施"人工智能+"行动的意见》等顶层设计的推动下，讯飞 医疗的中标既是"国家队"对其能力的认可，更是其品牌价值与战略布局进入规模化兑现期的核心信号。 技术筑基、联动增效，GBC战略的全链路价值 此次中标更深层的战略意义，在于直接验证了讯飞医疗坚 ...

AI医疗的品牌竞争，本质是"技术硬实力"与"权威公信力"的双重博弈，而此次国家级项目中标，直接为 讯飞医疗的品牌价值注入了"国家背书"属性。 该项目作为"人工智能+医疗卫生"战略的核心落地载体，招标标准直指两大核心，即全栈技术自主可 控、支撑万级基层医疗机构同时在线的规模化服务能力，这恰恰是讯飞医疗十年深耕沉淀的核心竞争 力。 政策层面的深度协同，进一步放大其品牌价值。 譬如，国家层面已明确2027年实现基层诊疗智能辅助广泛应用、2030年实现全覆盖的目标；地方层面， 广东、山东等多省份今年密集出台基层医疗AI扶持政策，推动技术向县域渗透。讯飞医疗此次承建国 家级中试基地，相当于拿到了政策落地的"先行者入场券"，其品牌影响力将从行业圈层辐射至全国医疗 体系，有望形成政策认可、行业标杆、市场信赖的品牌正循环。 当AI医疗行业普遍困于"技术空转难落地"与"盈利模式不清晰"的双重枷锁时，讯飞医疗一纸4.276亿元 的中标公告，为行业撕开增长突破口。 此次拿下国家人工智能应用中试基地（医疗领域基层卫生服务方向）软件服务项目，是政策导向、市场 需求与技术实力共振的必然结果。 一组数据直观揭示出我国医疗健康领域的核心需求 ...

"十四五" 期间，中国银行深入践行国有大行责任担当，紧紧围绕国家区域协调发展战略，以"1 个 总体方案+ N个区域行动方案"体系为引领，聚焦重点领域、强化资源统筹、丰富产品服务，持续优化金 融供给，为构建优势互补、高质量发展的区域经济布局注入强劲金融动能。 战略引领 布局区域发展新格局 支持京津冀协同发展。通过支持区域交通一体化、产业升级转移等重点工作落地见效，助力中化、 华能集团财务公司金融服务实现无感迁移，对迁入雄安新区央企成员的金融服务覆盖率达40%；为京唐 城际铁路、京雄高铁、雄安至大兴机场快线等一批标志性项目提供融资支持；助力京津冀科技创新引领 现代化产业体系建设，落地 7 支促进地方产业发展相关基金，实现全流程金融服务。截至2025 年9月 末，中国银行支持京津冀协同发展项目贷款余额超5,600亿元。 推动长三角一体化高质量发展。聚焦"轨道上的长三角"建设，为沪苏湖高铁等区域交通基础设施互 联互通重点项目提供综合金融服务；结合长三角科创资源禀赋，推出"支持长三角G60科创走廊出海联 盟服务方案"，为科技型企业提供 "股、贷、债、保、租"多元化金融服务。截至2025年9月末，中国银 行长三角地区分行 ...

Core Insights - The event in Pu Bei County, Guangxi, marked the launch of the "2025 Pu Bei Chen Pi Cultural Tourism Promotion Week" and the second high-quality development exchange conference for the Chen Pi industry, emphasizing the county's commitment to developing Chen Pi as a leading agricultural industry with a target of a 10 billion yuan industry [1][2][3] Industry Development - Pu Bei County has established itself as the largest producer of Da Hong Gan, with over 190,000 acres of cultivation and a production value expected to exceed 8 billion yuan this year, with a target of 6 billion yuan by 2024 [2][3] - The county has a long-standing tradition of citrus cultivation, benefiting from favorable climatic conditions that contribute to the unique quality of Pu Bei Chen Pi, characterized by thick peels and rich oil content [2][3] Economic Impact - The Chen Pi industry has transformed from a simple product to a significant economic driver, creating over 285 households with incomes exceeding 1 million yuan and benefiting more than 100,000 people [3][6] - The establishment of the Pu Bei Chen Pi Industry Service Platform aims to enhance industry boundaries through digital technology and improve management efficiency across the supply chain [4][6] Technological Innovation - The integration of technology is crucial for the modernization of the Chen Pi industry, with initiatives focusing on digital storage, strategic partnerships for research and development, and the establishment of a standardized evaluation system for medicinal materials [5][7] - Experts highlighted the health benefits of Chen Pi, including its potential in anti-obesity and digestive health, which supports its development into high-value functional foods [5][7] Brand Development - The branding of Pu Bei Chen Pi has progressed significantly, with new standards established and participation in international expos, enhancing its visibility and market reach [8] - The ongoing cultural tourism promotion week includes various activities aimed at showcasing the Chen Pi brand and connecting it with broader economic opportunities [8][9]

Core Viewpoint - Foreign institutions are showing a significant shift in attitude towards Chinese technology stocks, with major investment banks like UBS, Goldman Sachs, Morgan Stanley, and JPMorgan expressing bullish views on the sector [1][3][4]. Group 1: Market Outlook - UBS has set a target for the Hang Seng Tech Index at 7100 points for the end of 2026, representing a nearly 27% increase from the closing price of 5599 points on November 28 [3]. - Morgan Stanley has raised its target for the CSI 300 Index to 4840 points by December 2026, indicating a stable growth outlook for Chinese stocks amid moderate earnings growth [4]. - JPMorgan has upgraded its rating on Chinese stocks to "overweight," suggesting a higher likelihood of significant gains in the coming year, particularly driven by AI adoption and consumption stimulus [4]. Group 2: Foreign Capital Inflow - In the first ten months of 2025, foreign capital inflow into the Chinese stock market reached $50.6 billion, significantly surpassing the $11.4 billion for the entire year of 2024, marking an increase of over three times [5]. - The technology sector has become a focal point for foreign investment, with foreign holdings in the electronics sector increasing, reaching a market value of 391.5 billion yuan by September 30, 2025 [5]. - Notable increases in foreign investment have also been observed in the new energy sector, with holdings in CATL rising to 265.66 billion yuan, an increase of over 100 billion yuan from the previous quarter [5]. Group 3: Investment Strategies - Foreign investors are focusing on structural allocations in the technology sector, particularly in semiconductors, AI applications, and communication equipment [5][6]. - The trend of foreign limited partners (LPs) returning to the Chinese primary market is evident, with significant investments being made in the hard technology sector, especially in AI [6][7]. - AI has emerged as a core investment focus, with various funds targeting early-stage AI projects and related sectors, indicating a long-term strategic shift rather than short-term speculation [7][8]. Group 4: Future Expectations - Experts believe that the trend of increasing foreign allocation to Chinese technology stocks is likely to continue, driven by ongoing economic recovery and innovation momentum in China [8]. - The focus on AI applications, semiconductors, and electronic components is expected to attract further foreign investment, as China develops its autonomous computing ecosystem [8].

Core Viewpoint - The company, New Coordinates (603040), has shown significant growth in revenue and profit margins due to its strategic market expansion and operational optimizations, particularly in the cold precision forming sector, which is increasingly applied in various industries including automotive and aerospace [1][3][6]. Group 1: Company Operations and Technology - The company specializes in cold precision forming techniques, which include cold forging, cold stamping, cold rolling, cold drawing, and rolling, providing high precision and material utilization in metal part manufacturing [2]. - Cold precision forming technology is being applied in various sectors such as automotive, aerospace, heavy machinery manufacturing, and robotics, with the company expanding its applications in precision components for electric drive systems and battery systems [2]. Group 2: Financial Performance - For the first three quarters of 2025, the company reported a main revenue of 593 million, a year-on-year increase of 19.45%, and a net profit of 209 million, up 29.41% [6]. - The third quarter alone saw a main revenue of 203 million, reflecting a 20.61% increase year-on-year, with a net profit of approximately 67.43 million, marking a 33.82% rise [6]. - The company's gross profit margin stands at 54.36%, with a debt ratio of 13.32% [6]. Group 3: Market Strategy and Future Outlook - The company aims to accelerate the development of new products in cold forging and precision cold forming parts while increasing market share in automotive precision components [5]. - The establishment of wholly-owned subsidiaries in Europe and Mexico has contributed to the growth of overseas revenue and profitability, indicating a successful global manufacturing and sales service system [5]. - The management has set ambitious revenue and profit targets for 2025, reflecting confidence in continued growth despite potential uncertainties [3].

Core Points - The article emphasizes the significant achievements in China's healthcare system from 2015 to 2025, highlighting the establishment of the largest medical service system, basic medical insurance system, and disease prevention system globally [3][5][7] - It underscores the importance of health in the context of modernization, as articulated by President Xi Jinping, positioning health as a priority for national development [3][7] - The article outlines various health indicators, such as a decrease in infant mortality rates and maternal mortality rates, showcasing China's progress in healthcare [10][16] Group 1: Health Achievements - By 2024, the infant mortality rate dropped to 4.0‰, and the maternal mortality rate reached 14.3 per 100,000, marking historical lows [10] - Over 90% of residents can access the nearest healthcare facility within 15 minutes, reflecting the accessibility of healthcare services [3] - The introduction of the HPV vaccine into the national immunization program is expected to benefit over 10 million girls annually, providing a strong defense against cervical cancer [5][7] Group 2: Policy and Strategy - The "14th Five-Year Plan" emphasizes accelerating the construction of a healthy China, mobilizing societal efforts to safeguard public health [4] - The "Healthy China 2030" initiative outlines long-term strategic planning for health, aiming to enhance public health services and increase financial support for healthcare [7][8] - The government is transitioning from a disease-centered approach to a health-centered approach, focusing on prevention and early treatment [7][10] Group 3: Healthcare System Development - By the end of 2024, there will be 1.09 million medical and health institutions nationwide, with significant investments in regional medical centers and mobile medical teams [16] - The implementation of cross-province medical insurance direct settlement services has benefited over 500 million people, reducing out-of-pocket expenses by over 550 billion [16][18] - The healthcare reform has led to a significant reduction in drug prices, with some medical supplies seeing price drops of over 50% [18] Group 4: Community and Preventive Health - The focus on integrating health into all policies aims to enhance community health services and preventive care [10][11] - Initiatives like the "Chronic Obstructive Pulmonary Disease (COPD) Prevention and Management Guidelines" aim to improve early detection and treatment of chronic diseases [10][11] - The promotion of traditional medicine and the establishment of community health monitoring systems are part of the broader strategy to enhance public health [27][29]