据和讯网消息，据北京日报，外交部发言人主持例行记者会。有外媒记者提问，美国财长周三表示，中 国依赖出口发展经济的模式是不可持续的，并且对世界造成了影响。中方对此有何评论？发言人指出， 我们看到的事实是，美方滥施关税，严重破坏世贸组织规则，损害的是各国人民的共同利益。 贝森特的公开声明强调，中国依赖出口的经济模式不仅会损害中国自身，也会对全球造成负面影响。他 同时宣称美国并非孤军奋战，而是联合贸易伙伴共同迎战所谓的贸易失衡问题。尽管贝森特强调美国及 其盟友的合作，实际情况是美国投资者对政府政策的反复无常深感头疼。同时，贝森特所描述的关税战 背后的逻辑也存在显著争议。通过制造业回流来解决贸易失衡问题，看似合理，但实际上基于美国当前 的经济构成和制造成本并不具有竞争优势。 美国财政部长贝森特（资料图） 显然美国只关注到自身商品贸易逆差，而中国国务院新闻办公室发布《关于中美经贸关系若干问题的中 方立场》白皮书显示，2023年美国对华服务贸易顺差为265.7亿美元，维持顺差持续增长的趋势；2022 年美资企业在华销售额4905.2亿美元，远高于中资企业在美786.4亿美元的销售额，差额高达4118.8亿美 元，综合考虑 ...

Group 1 - The World Bank held its 111th Development Committee meeting in Washington, approving the report titled "Jobs: The Path to Prosperity," emphasizing the importance of job creation for developing countries to escape poverty and achieve shared prosperity [1] - The Chinese Finance Minister highlighted the risks posed by trade protectionism to global poverty reduction and development, urging international organizations to advocate for non-discrimination and free trade principles [1] - A significant number of countries, including Japan, Germany, the UK, and South Africa, engaged in discussions with China, indicating a growing coalition against U.S. tariff policies [3] Group 2 - Azerbaijan's President Aliyev visited China from April 22 to 24, marking a significant step in the healthy and rapid development of China-Azerbaijan relations, which have been built on strong political mutual trust over the past 30 years [4] - The visit is seen as strategically important for deepening bilateral relations, with Azerbaijan firmly supporting the One China principle [4] Group 3 - Japan's Liberal Democratic Party Secretary-General Mori Yasuhiro led a bipartisan delegation to China, emphasizing the importance of cooperation to resolve outstanding issues between the two nations [6] - U.S. media have criticized President Trump's handling of tariffs, suggesting he is showing signs of weakness in the ongoing trade war with China, acknowledging that high tariffs are unsustainable [6][8] - Trump indicated a willingness to negotiate lower tariffs with China, although he maintains that tariffs will not be eliminated entirely, reflecting the pressure on the U.S. economy [8]

Group 1 - The Chinese government denies any ongoing negotiations with the U.S. regarding tariffs, stating that the trade war was initiated by the U.S. and that China is open to dialogue under equal and respectful terms [1] - China is the world's largest soybean importer, and the U.S. has lost its competitive edge in this market due to the trade war, with Brazil now being the largest supplier [1] - The U.S. stock market has experienced significant declines, with major companies like Apple and Microsoft seeing their market values drop from a peak of $3.7 trillion to between $2.6 trillion and $2.7 trillion [3] Group 2 - A report commissioned by the American Pharmaceutical Industry Association indicates that a 25% tariff on drugs would increase U.S. drug costs by $51 billion annually, potentially raising drug prices by up to 12.9% [5] - The U.S. retail sector is facing product shortages due to the ongoing trade war, with 77% of toys in the U.S. relying on production in China [3] - China's large domestic market and investments in future technologies like renewable energy and AI provide it with a stronger position to withstand the impacts of U.S. tariffs [5]

Core Viewpoint - The CEO of Mitsui Group emphasizes the company's role in mitigating disruptions in global supply chains caused by trade wars, particularly in the energy and chemical sectors [1] Group 1 - The company plans to leverage its trading capabilities to contribute positively during times of supply chain interruptions [1] - The focus on energy and chemical industries indicates a strategic priority for Mitsui Group in navigating trade challenges [1]

据中国新闻网报道，二十国集团(G20)主席国南非近日在美国华盛顿举行今年第二次G20财长和央行行长会议。会议主要就全球宏 观经济形势和金融稳定、国际金融架构以及促进非洲增长和发展等议题进行了讨论。中国财政部部长蓝佛安出席会议并发言。据 中国财政部公布的新闻稿，蓝佛安表示，当前世界经济增长动能不足，关税战、贸易战进一步影响经济金融稳定。中方坚定维护 以世界贸易组织为核心的多边贸易体制，主张通过平等对话协商解决贸易和关税争议，也将坚定维护自身正当权益。 从会议选址来看，此次会议在美国华盛顿举行，一个重要因素是其与国际货币基金组织（IMF）和世界银行春季会议同期同地。 这样的安排使得 G20 财长和央行行长们能够在参加 G20 会议的同时，参与 IMF 和世界银行的相关活动，便于各方就全球经济金 融议题进行更全面、深入且高效的交流。众多国际经济领域的关键人物齐聚华盛顿，为各国在宏观经济政策协调、金融稳定等方 面达成共识提供了良好契机。 然而，会议期间一个细节引发广泛关注——中方会见了一众同行，却未与美国财长贝森特进行会晤，这也引发了特朗普的愈 加"气急败坏"。回顾中方在此次G20会议上的表现，蓝佛安在会中和多国财长 ...

Core Viewpoint - Meta's Q1 2025 earnings report indicates a resilient performance amidst a challenging advertising environment, with revenue guidance for Q2 2025 set between $42.5 billion and $45.5 billion, reflecting a growth rate of 11% to 16% [5][6][21]. Advertising Performance - Meta's Q1 revenue reached $42.3 billion, a 16% year-over-year increase, primarily driven by its advertising business, which constitutes 98% of total revenue [21][23]. - The average advertising price increased by 10% in Q1, with North America showing a notable acceleration to 14% [28][30]. - The ban on TikTok likely contributed to Meta's revenue exceeding expectations, as advertisers shifted budgets to Meta platforms [34][36]. Capital Expenditure and AI Focus - Meta raised its full-year capital expenditure guidance to a range of $64 billion to $72 billion, up from a previous estimate of $60 billion to $65 billion, indicating a strong commitment to AI investments [9][44]. - The company is focusing on AI development, with the recent launch of Llama 4 and Meta AI, which leverage extensive social data to enhance user experience [9][11]. Operational Efficiency - Meta's operating expenses increased by only 9.4% year-over-year, below revenue growth, suggesting improved short-term profitability [11][40]. - The company has lowered its full-year operating expense guidance by $1 billion, now projected between $113 billion and $118 billion, indicating a strategic move towards efficiency [11][40]. VR Business Outlook - The VR segment, particularly Reality Labs, reported a revenue decline of 6% in Q1, reflecting seasonal demand fluctuations post-holiday sales [36][50]. - The ongoing losses in the VR segment highlight the need for further optimization and potential new product innovations to drive profitability [36][50]. Cash Flow and Shareholder Returns - As of the end of Q1, Meta held $70.2 billion in cash and short-term investments, with a net cash position of $41.4 billion after accounting for long-term debt [12]. - The company generated $10.3 billion in free cash flow, with plans for significant shareholder returns through buybacks and dividends, projecting a total return of approximately 4% for 2025 [12][12].

据中国新闻网报道，近日，美国总统特朗普在"空军一号"专机上对记者表示，除非中国做出实质性让步，否则不会取消 对华加征的关税。中国驻美国使馆发言人近日强调，中美双方并没有就关税问题进行磋商或谈判，更谈不上达成协议。 如果美方真的想通过对话谈判解决问题，就应该纠正错误，停止威胁讹诈，彻底取消所有对华单边关税措施。一边说要 同中方达成协议，一边不断搞极限施压，这不是同中方打交道的正确方式，也是行不通的。 自从特朗普政府打响关税战之后，中方首当其冲，与美方展开了激烈的博弈，中方的反制举措犹如一枚又一枚飞镖，精 准扎在了美国的七寸上。特朗普政府原本想通过利用威慑手段逼迫中方妥协，从而实现"美国优先"，然而事与愿违，美 方的如意算盘落空，不仅没有等到中方的电话，还将中美两国的关系搞得更加紧张了。 特朗普（资料图） 数据显示，过去一段时间，美国从中国进口下降了64%，对中国出口减少了36%，这些数字，表面上看是"脱钩"，实际上 是"内伤"——中国减少对美依赖，还能找替代市场，美国却很难一下找到替代中国的供应链。在此背景下，美国一些零 售巨头，如沃尔玛、塔吉特等，已开始向政府施压，要求重新考虑高关税政策。他们面临的现实是：从 ...

Group 1 - The core viewpoint is that major Taiwanese semiconductor packaging and testing company ASE Technology Holding Co. and panel manufacturer AU Optronics are considering establishing manufacturing facilities in the United States to mitigate the impact of tariffs and enhance their competitive positioning in the market [1][2]. - ASE Technology's CFO indicated that the company is evaluating the opportunity to set up operations in the U.S. to support customer business development, although specific investment timelines and scales are not yet determined [1]. - AU Optronics is reportedly the first Taiwanese panel manufacturer to consider establishing a presence in the U.S., focusing on assembling modules or finished products rather than front-end panel manufacturing [1][2]. Group 2 - ASE Technology's direct shipments to the U.S. account for less than 10% of its electronic manufacturing services, and the company has not observed significant changes in customer order dynamics despite the tariff situation [2]. - The company expects a 9% to 10% quarter-over-quarter increase in revenue for its packaging and testing business in the second quarter, with a projected gross margin increase of 1.4 to 1.8 percentage points [2]. - AU Optronics' revenue from direct and indirect sales to the U.S. is estimated to be around 10% to 15% [3].

关税战打响的27天里，有企业加速海外工厂落地，也有企业打开更广阔的国际视角，将业务增长的驱动 力聚焦在欧洲和"一带一路"国家及地区的市场之中。 时至今日，关税战满月在即，变化已在发生。 每经记者 黄海 每经编辑 杨夏 4月2日（美东时间），特朗普政府宣布对多国加征所谓"对等关税"，上述关税政策于4月9日正式实施。 关税风暴从太平洋彼岸刮起，并迅速席卷全球。 几个小时后，距离美国11710公里的宁波，一批文具出口企业开始商议应对措施。据央视报道，中国是 全球最大的文具出口国之一，约占全球办公文具用品出口总额的30%。浙江宁波又是其中的出口重镇， 每年文具出口额超30亿元。 发展自有品牌应对外贸变局 贝发集团股份有限公司（以下简称贝发集团）是宁波本地最大的文具出口企业，其外贸业务占总营收比 约85%，其中出口美国的占比35%。 "出了这个事情之后，董事长立马召集公司高管团队进行了内部讨论，紧急采取了一些应对措施。比 如，我们2023年在越南建了一个工厂，做了提前的布局和规划。2024年（这个厂）已经建成并投入生 产。'对等关税'事件发生后，我们加快了越南生产基地的扩产。"提起4月初关税战打响时的情形，在贝 发集团 ...

他建议，因当前经济主要矛盾仍为需求不足，且外部环境仍存更大的不确定性，各地区各部门应将扩大 内需作为下阶段首要工作任务。 具体来看，财政政策方面，应加快今年已安排的4.4万亿元地方政府专项债券、1.3万亿元超长期特别国 债等发行使用，加力扩围落实"两重"建设与"两新"工作，为后续增量财政政策加码留出空间。 【大河财立方 记者 夏晨翔】4月30日，国家统计局发布了2025年4月制造业采购经理指数、非制造业商 务活动指数、综合PMI产出指数。 其中，制造业采购经理指数（PMI）为49.0%，比上月下降1.5个百分点，回落至收缩区间。非制造业商 务活动指数为50.4%，比上月下降0.4个百分点；综合PMI产出指数为50.2%，比上月下降1.2个百分点， 均高于临界点。 作为经济监测最重要的指标之一，指数变化有何重要意义？对此，大河财立方记者专访了经济学家、新 质未来研究院院长张奥平。 "4月PMI录得数据为49.0%，显示经济受外部冲击影响加大，扩内需紧迫性加强。"张奥平分析称，美国 发动的全球新一轮关税战使我国外需承压，且内部有效需求仍显不足，下阶段需加快地方政府专项债 券、超长期特别国债等存量政策的发行使用，同 ...