在谢斐看来，对于游戏产业而言，在赋能新质生产力的道路上，企业应怀揣使命感，才能跳出技术应用 的短期局限，挖掘产业更深层次的社会价值。 在数实融合领域，谢斐也提出了极具前瞻性的关键见解。她认为，在推动游戏从线上延伸到线下这条路 上，纠结短期财务回报是无解题，不如把这种探索转化为企业被信任的价值资产，而这种责任与利益的 长期共生，最终会让企业既能收获政策红利与品牌认同，更能开辟全新的增长曲线，走出兼具商业价值 与社会意义的长远之路。 在谢斐看来，游戏"走出去"的标准应避免"一刀切"，而是要将中华文化精神、技术安全规范、价值导向 底线固化为不可动摇的"标准底座"。在此基础上，需精准适配海外市场需求；在叙事节奏上，贴合海外 用户习惯，调整推进速度；在内容呈现上，尊重当地文化习俗，优化表达形式；在运营服务上，结合区 域特点，适配服务节奏，最终让中国游戏的文化标准真正跨越山海。 随着产业迭代与技术革新，游戏早已超越单纯的娱乐载体属性，成为前沿科技的"练兵场"、文化创新 的"孵化器"，其赋能新质生产力的潜力，有着清晰可寻的实践路径。在本轮人工智能（AI）浪潮中，游 戏产业也扮演了不可或缺的角色。游戏企业对AI技术的高频需求 ...

曾经让消费者趋之若鹜的会员卡，如今在不少人手中渐渐失了温度；那些年被奉为"闭眼买"的品质信任，正被一次次频发的争议慢慢侵蚀。当外资商超的门 店版图在下沉市场持续扩张，消费体验却悄然下滑，这种鲜明的反差，让中国零售市场正经历一场关于价值的集体审视。近期某外资会员商超的系列品质风 波，恰似一面镜子，既映照出单个品牌在规模与品质间的摇摆，更深刻折射出消费市场从"品牌崇拜"到"价值回归"的必然趋势。 扩张狂奔下的优势瓦解 以山姆为代表的外资商超，曾凭借"少而精"的SKU策略与稳定品控，在中国高端零售市场站稳脚跟。但此前山姆因新疆棉事件引发大规模退卡潮，其会员体 系已经历过一轮严峻考验。事实上，外资会员商超在华普遍面临发展困境：同为头部品牌的Costco，中国市场会员续卡数长期低于全球平均水平；麦德龙中 国也曾因"会员权益缩水""选品本土化争议"多次引发舆论热议，其2024年财报显示中国区营收增速较上年下滑5.2个百分点；就连沃尔玛旗下的山姆同门品 牌ASDA，进入中国后也因未能适配本土消费习惯，门店扩张陷入停滞，仅在部分城市维持小规模运营。 品质管控漏洞更触目惊心。黑猫投诉平台相关投诉量已突破1.3万条，食品安全、虚 ...

一方面，行业存量竞争加剧，马太效应下逐渐进入挤压式的竞争。 另一方面，原有的、固有的一些消费场景正在大量消失，消费分级越来越快，但分级之后供需再平衡的 过程却较为滞后。此外，消费者需求的多样性正在发生变化，且变化速度已超出从业者的内部观 察。"理性消费、情绪价值、沉浸体验、代际融合、绿色生态等，这些都是行业趋势。" 但汪博炜也认为，在不确定性中，白酒"喝、送、藏"的底层逻辑没变，从业者一定要坚定信心，"信心 比黄金还要珍贵"。 汪博炜称："白酒始终是一个关于时间价值的产业，郎酒坚守长期主义，坚定地拥抱时间价值，围绕顾 客创造价值。" 红星新闻记者 程璐洋 摄影报道 红星资本局12月19日消息，今日，2025世界名酒发展大会在四川宜宾举办。 活动现场，四川郎酒股份有限公司总经理汪博炜介绍，今年重阳，郎酒优质酱酒库存量正式达到30万 吨，2026年，郎酒的销售投放量不超过30万吨，"我们将'存十卖一'落到实处，这是长期主义的实践。" 汪博炜称："今年行业进入深度调整期，行业比较寒冷，在寒冷中我们看到了一些趋势。" 郎酒总经理汪博炜在2025世界名酒发展大会发言 ...

消费市场潮起潮落、日新月异，唯有坚守长期主义的企业，方能穿越市场周期，实现可持续发展。而这 种坚守背后离不开品牌对品质的执着、对用户的敬畏与对创新的追求。 在科技领域，科技的深度需要回归到对生活的细微洞察。据介绍，老板电器公司要求全员必须持有厨师 证上岗。 "这不是为了培养大厨，主要让每一个员工都能从用户的视角来思考，做饭有哪些难点、用户期待的体 验是什么，从而建立一种共情能力。" 童晶菁表示，通过不断在真实的烹饪操作中试验风味组合、调整 参数，老板电器积累了庞大的算法和数据库，从而让AI大模型掌握了精准控制蒸烤时长、灶具火力等 烹饪要点的能力，让科技创新建立在生活洞察之上。 12月17日，大消费行业"年度风向标"级别的会议——21世纪经济报道2025"新消费大会"于上海落地，汇 聚了来自众多消费品牌、知名投资机构和券商以及平台等各领域的上百位嘉宾。 会上，老板电器首席数字及营销官童晶菁以《跨越周期，消费品牌的长期主义》为题发表了主旨演讲。 "很多时候大家会有一个疑问，厨电行业会不会太过传统了一些？无非就是锅碗瓢盆、烟机灶机等等产 品。然而，恰恰是因为扎根于充满中国人日常烟火气的场景，让老板电器理解到：周期会 ...

Core Viewpoint - The article discusses the concept of "involution" in business, emphasizing that competing through destructive price wars ultimately harms the market and brand reputation, particularly in the context of Chinese manufacturing and its international expansion [2][10]. Group 1: Historical Context - In the 1990s, Chinese motorcycle brands entered Southeast Asia, using aggressive price competition to reduce the average price of motorcycles from $700 to $200, significantly impacting Japanese brands [3]. - Despite winning the price war against Japanese brands, Chinese manufacturers ultimately failed to establish a sustainable market presence due to lack of profits, after-sales service, and quality, leading to a tarnished reputation for "Made in China" [4][6][7]. Group 2: Long-term Strategy - Wuling, a Chinese motorcycle brand, decided to adopt a long-term approach in Indonesia, marking its commitment to the market by celebrating anniversaries and emphasizing its presence over the years [8][9]. - The article argues that businesses should focus on product quality and long-term strategies rather than short-term price competition to earn respect for "Made in China" [10]. Group 3: Recommendations for Future Success - The article suggests that companies should avoid burning down the entire market in pursuit of winning battles and instead focus on building a strong brand through quality and customer service [10].

助力科技创新，拥抱新质生产力 党的二十届四中全会审议通过《中共中央关于制定国民经济和社会发展第十五个五年规划的建议》（以 下简称《建议》），为国家发展明确了方向，也对金融如何服务实体经济、资本市场如何助推发展提出 了更深的要求。 作为资本市场的专业机构投资者，中国公募基金行业管理规模已超过34万亿元。兴证全球基金董事长庄 园芳认为，公募的使命不仅是规模的壮大，更是要扎根金融强国战略，为实体经济注入活水，也为亿万 家庭守护好每一份财富。 编者按： 三十余载砥砺前行，中国资管行业从初步探索到如今跻身全球前列，与经济的蓬勃发展和制度的日趋完 善密不可分。在此期间，公募与私募协同发展的多元生态为资本市场的鼎新革故注入了核心动力，二者 的发展始终与国家改革同频共振，与经济发展浪潮同向而行，与产业升级齐头并进。 站在"十五五"开启的历史节点，二十届四中全会明确的"高质量发展取得显著成效、科技自立自强水平 大幅提高"等目标，为资本市场赋予了更重使命。中国证券投资基金业协会与证券时报·券商中国携手推 出本次联名报道，特别邀请多家国内头部公私募基金高管，从制度创新、市场演进、投资实践等多维度 建言献策。 做双向开放的"连接者" ...

2025岁末，雷士照明的荣誉墙上再添四份重量级认可。 荣誉之光，见证品牌地位 | નિ | 项目 | 参赛单位 | | | 项目 | | --- | --- | --- | --- | --- | --- | | 렇 | 编号 | | 项目名称 | 项目领域 | 英国 | | | | | 金奖 10项 | | | | 1 | 1280 | 贝特瑞新材料集团股份有限 | 高首效硅氧负极材料高 | 新能源 | 专利类 | | | | 公司 | 价值专利布局项目 | | | | 2 | 1474 | 广州小鹏汽车科技有限公司 | 小鹏 X-EEA 整车电子电 | 汽车产业 | 专利类 | | | | 惠州 TCL 移动通信有限公司、 | 气架构 | | | | 3 | 1486 | TCL 实业控股股份有限公司、 | | 新一代电子 | 专利类 | | | | | 确定性(4G/5G)无线网 | | | | | | 捷开通讯(深圳)有限公司, | 络 | 信息 | | | | | 惠州 TCL 云创科技有限公司、 | | | | | | | 深圳 TCL 新技术有限公司 | | | | | 4 | 1721 | 广 ...

在数实融合领域，谢斐也提出了极具前瞻性的关键见解。她认为，在推动游戏从线上延伸到线下这条路 上，纠结短期财务回报是无解题，不如把这种探索转化为企业被信任的价值资产，而这种责任与利益的 长期共生，最终会让企业既能收获政策红利与品牌认同，更能开辟全新的增长曲线，走出兼具商业价值 与社会意义的长远之路。 然而，产业高速发展的背后，多重挑战仍在制约行业高质量进阶。全球市场地缘政治波动、消费需求变 化等不确定性因素持续增强，游戏赋能新质生产力与数实融合尚未找到可持续的商业平衡点。面对行业 发展的复杂命题，头部企业的探索与担当至关重要。在2025游戏产业年会上，世纪华通总裁谢斐发表 《以长期主义的实践，向挑战作答》主题演讲，鲜明提出以长期主义的确定性来回答新时代的多重挑 战，并提出聚焦游戏出海，持续拓宽全球市场边界；以AI技术赋能产业新质生产力，激活创新动能； 依托游戏技术外溢效应，深化数实融合实践，为游戏产业高质量发展提供破局路径。 出海领域，谢斐提出应秉持共赢思维。中国游戏出海的本质，从来不是单纯赚取海外利润、挤压海外企 业生存空间，而是将中华文化蕴含的快乐、善意和智慧带给世界玩家。这既是全球化背景下的共赢选 择，更 ...

Core Viewpoint - The Hong Kong Holiday Inn, which opened in 1975, has maintained a unique partnership with InterContinental Hotels Group for 50 years without changing its brand, showcasing a rare commitment in the hotel industry that emphasizes trust and long-term collaboration [2][5][17] Group 1: Brand and Market Positioning - The Holiday Inn brand has successfully localized its operations in the Greater China region, adapting its services to meet local demands, such as family-friendly policies and adjusted breakfast times for senior guests [6][5] - As of Q3 2025, there are 152 Holiday Inn hotels operating in Greater China, with 104 more under construction, indicating a strong expansion strategy [7][8] - The brand's strategy includes deepening its presence in first-tier cities while also targeting second, third, and fourth-tier cities based on local economic vitality and tourism resources [8][7] Group 2: Emotional Connection and Brand Evolution - Holiday Inn aims to become a crucial emotional connector among people, with its new design philosophy focusing on creating memorable experiences [8][12] - The brand has transformed from merely providing accommodation to co-creating national travel memories, as evidenced by its marketing campaigns that gather and share guest stories [12][14] Group 3: Investment and Operational Strategy - The Holiday Inn 3.0 model features a flexible investment approach, allowing for targeted solutions across various market segments, including long-stay and vacation niches [14][16] - The average room construction cost for the new model starts at 190,000 RMB, making it an attractive investment option with high market adaptability [14][16] - Successful case studies, such as the Chongqing Guanyinqiao Holiday Inn, demonstrate the effectiveness of the brand's investment model and operational efficiency [16][14] Group 4: Future Growth and Development - The brand plans to accelerate its growth in the Greater China market, with an increasing number of signings and openings expected [17][7] - The long-term partnership and trust built over 50 years serve as a significant competitive advantage, ensuring the brand's resilience in various market conditions [16][17]

Group 1 - The core viewpoint of the investment strategy meeting is that investment is not just about numerical growth but also about trust and long-term commitment to investors' interests [2][9] - The meeting emphasized practical approaches over lofty narratives, focusing on actionable insights for investment strategies [2][3] Group 2 - The investment outlook for 2026 is characterized by three keywords: technology, value, and returning to leadership, with a shift from valuation-driven to earnings-driven stock price movements [3] - The technology sector is expected to see a divergence, with AI applications and infrastructure like computing power and storage being key areas of focus [3][4] - Concerns about supply constraints in computing power are highlighted, particularly regarding domestic high-end chip production relying on overseas foundries [3][4] Group 3 - The rising demand for electricity due to AI data center expansion and global re-industrialization may lead to power challenges in multiple countries, potentially increasing electricity prices and creating investment opportunities in cyclical sectors [4] - Three key areas of focus include changes in high-energy-consuming industries like electrolytic aluminum, increased demand for solar and energy storage, and the advantages of domestic manufacturing in China [4] Group 4 - In fixed income investment strategies, the difficulty of achieving stable high returns in a low-interest environment is noted, with a focus on identifying quality assets in technology, manufacturing, and high-growth sectors [5] - The investment strategy meeting provided a comprehensive view from macro to industry to company levels, emphasizing the importance of a systematic approach to investment [5] Group 5 - The company is committed to a long-term investment philosophy, focusing on upgrading its industrialized research and investment system and maintaining close relationships with clients [6][9] - The "industrialized research" approach aims to enhance the quality of investment returns by transforming insights into actionable strategies [6][9] Group 6 - The company has established a service charter based on "long-termism," emphasizing regular communication and innovation to enhance client relationships [8][9] - The long-term investment philosophy is seen as essential for navigating market volatility and sharing in economic growth [8][9]