撰 文 / 牛跟尚 设 计 / s h e l l y 6月5日，世界环境日、中国芒种，这天开始，从全球到中国，都出现空前的舆论躁动。 首先，美国总统唐纳德·特朗普（Donald Trump）与美国企业家、前"政府效率部"负责人、特斯拉 CEO埃隆·里夫·马斯克（Elon Reeve Musk）矛盾公开化。"世界上最有权的人"和"世界上最有钱的 人"从 亲 密无间到骂战不休，彻底撕破脸。 其次，当地时间6月5日晚，印度尼西亚雅加达，中国国家男子足球队客场0:1不敌印度尼西亚队， 中国男足提前一轮确定无缘2026年美加墨世界杯，也宣告国足自2002年韩日世界杯后连续6届冲击 世界杯的梦想破碎。 而在国内江苏，13个地级市的足球超级联赛（"苏超"）凭借独特的运营模式，营造出热烈的主场氛 围，实现赛事与文旅、消费的深度融合，展现出强大的凝聚力与活力。 这背后蕴含的"苏超""天时地利人不和"——看似"敌对"实在富有默契且不越界的竞技精神，是比赛 第一、团结协作的体育精神。 反观汽车产业，6月6日开幕的2025中国汽车重庆论坛上，众多行业大佬的激烈交锋，凸显出中国车 圈另一种"天时地利人不和"。 在这个关键时刻，中国车 ...

Core Viewpoint - The development and utilization of underground space is crucial for addressing urban development bottlenecks in China, as highlighted by the recent policy document from the Central Committee of the Communist Party and the State Council [1][2]. Group 1: Systematic Thinking - Urban infrastructure must be managed as a cohesive whole, integrating underground space as an organic part of the city [1]. - A full lifecycle management system from planning to construction and operation is essential to maximize the potential of underground space [1]. - Coordination among various infrastructure systems such as transportation, energy supply, communication, and drainage is necessary for effective underground space development [1]. Group 2: Forward-Thinking - Urban infrastructure should be designed with future developments in mind to avoid obsolescence shortly after completion [2]. - Sufficient capacity should be reserved in underground space design to prevent the need for frequent renovations [2]. - Infrastructure should be adaptable to new technologies, ensuring compatibility between old and new systems [2]. Group 3: Bottom-Line Thinking - Emphasis on safety measures for critical utilities like gas and water is vital, with a focus on establishing emergency response systems [2]. - The development of underground space must not overlook safety management in less visible areas [2]. - A robust standard system for underground construction and operation should be established to ensure quality and safety throughout the project lifecycle [2].

新能源汽车行业的竞争远未到终局。通过良性竞争实现优胜劣 汰是行业发展的内在动力，这和坚决反对"内卷式"竞争并不相 悖。新能源汽车行业应该致力于构建良好的产业生态系统，从 竞争走向竞合，迎接高质量的成功。 作者：社论 封图：图虫创意 长城汽车董事长魏建军日前在接受采访时称，"汽车行业的恒大已经存在，只是还没有爆。"魏建军 是中国汽车产业的深度参与者与长期观察者，他的警世之言值得关注。 我们认为，重点或许不在于谁是汽车行业的恒大，而是如何理解一个高速发展中的行业存在的问题 和风险。在政策引导、资本驱动、企业创新的合力推动下，中国新能源汽车行业发展到今天，在某 种程度上实现了在汽车领域的 "换道超车"，一个完整的、有一定国际竞争力的新能源汽车产业体 系初步成形。这样的局面来之不易。 不过，伴随新能源汽车产业的持续扩张，一些问题也开始浮出水面。截至目前，尽管整体产销数据 亮眼，但若深入分析其运行质量——从供应链到资本市场，从质量控制到行业生态，从产业链税收 到企业利润的下滑—— 不难发现， 风险正在多点叠加。 在供应链层面，主机厂对上下游的挤压日益严重。成本"年降""长账期"已成行业惯例，部分供应商 资金链紧绷，对主 ...

Core Viewpoint - The automotive industry is facing significant risks despite its rapid growth, with potential issues likened to those seen in the real estate sector, as highlighted by the chairman of Great Wall Motors, Wei Jianjun [2][3]. Group 1: Industry Challenges - The rapid expansion of the new energy vehicle (NEV) sector has led to emerging problems, including supply chain pressures, quality control issues, and declining profit margins [2][3]. - There is increasing financial strain on suppliers due to prolonged payment terms and cost reductions imposed by manufacturers, creating a dependency similar to that seen in the real estate industry [3]. - Safety and quality concerns are rising, with some companies promoting immature driver-assistance systems, leading to accidents and instances of cost-cutting measures that compromise product integrity [3]. Group 2: Financial Structure and Risks - Many companies appear successful but are heavily reliant on external financing, resulting in a fragile financial structure that could lead to cash flow crises if sales decline while inventory remains high [3]. - The industry must maintain a cautious approach, recognizing the importance of understanding market cycles and the inevitability of natural market corrections [3][4]. Group 3: Recommendations for Improvement - There is a need to establish effective exit and risk mitigation mechanisms to manage market shocks and prevent "zombie companies" from occupying resources [4]. - The industry should focus on fair trading practices to rebuild relationships within the supply chain, ensuring a win-win scenario for manufacturers and suppliers [4]. - Maintaining safety and quality standards is crucial, with a zero-tolerance policy for practices such as premature mass production of untested technologies and misleading advertising [4]. Group 4: Future Outlook - The integration of the automotive and robotics industries presents new growth opportunities, especially with the rise of AI and smart manufacturing [5]. - The competition in the NEV sector is far from over, and fostering a healthy competitive environment is essential for the industry's evolution towards high-quality success [5].

我叫周玉梅，今年 64 岁，退休前在市制衣厂当质检员，每月退休金 4800 块。 我笑着点头，她凑近了说："我跟您打听个事，我听人说，这学区房能'一起登记入学'，要不您把我孙 子的名加上？都是邻居，互相帮个忙呗！" 老伴儿老陈以前是中学老师，退休工资比我高些，我们唯一的儿子在外地工作，孙子快 6 岁了，眼瞅着 要上小学。 去年底，我和老陈咬咬牙，把攒了十年的养老钱拿出来，又贷了点款，在市中心买了套 42 平米的学区 房，就为了孙子能进那所口碑最好的实验小学。 这月初的一个早上，我拎着布袋子去菜市场买鲫鱼。 卖菜的小张瞅见我手里的学区房宣传单，随口问了句："周姐，听说你们买了实验小学的学区房？" 我正挑着菜叶子，没多想就应了声："是啊，为了孩子上学，没办法。" 没想到这句话就像长了翅膀，不到半天就传遍了整个小区。 那天傍晚在楼下碰见 3 单元的李芳，她怀里抱着孙子，老远就冲我笑："周姐，听说您买了学区房？这 可是大喜事啊！" 我心里咯噔一下，赶紧摆手："可不行，我查过教委的政策，必须是直系亲属才能登记。" 李芳一听急了，嗓门提高了八度："政策是死的人是活的！您让您儿子把房子过户给我儿子，等我孙子 入学了再过户回 ...

Core Viewpoint - The article emphasizes the importance of disaster prevention and mitigation efforts in response to flood risks, highlighting the need for proactive measures and enhanced monitoring to ensure public safety and stability [1][2]. Group 1: Flood Prevention and Mitigation Efforts - The city is focusing on implementing comprehensive flood prevention measures, including the repair of water-damaged areas along the Tongjiang River, with specific sites mentioned such as Huangniqiao Port and Mabuqiao Port [1]. - The completion of landslide remediation work in the Hutu Mountain area is noted, with an emphasis on increasing geological disaster monitoring points to prevent future risks [1]. Group 2: Leadership and Responsibility - City leaders, including Mayor Ma Minglong, stress the critical nature of flood prevention and drought resistance tasks, which directly impact public safety and social stability [2]. - There is a call for enhanced political awareness and a commitment to thorough preparations to ensure safety during the flood season, with a focus on risk assessment and emergency response capabilities [2]. Group 3: Coordination and Accountability - The article highlights the necessity for all departments to maintain a state of readiness and to work collaboratively, ensuring that responsibilities are clearly defined and adhered to [2]. - The implementation of a dual responsibility system for flood prevention and drought resistance is emphasized, with a directive for command structures to be followed strictly [2].

Core Viewpoint - The conference emphasized the importance of financial security as a critical component of national security and economic stability, highlighting the need for a long-term, systematic approach to strengthen financial safety measures in the face of evolving risks [4][5]. Group 1: Financial Security Importance - Financial is described as the lifeblood of the national economy and a key part of the country's core competitiveness [4]. - The stability and efficient operation of the financial system are crucial for resource allocation, economic innovation, and serving the real economy [4]. - Any instability in the financial system can rapidly affect the real economy, disrupting national economic order and social stability [4]. Group 2: Current Challenges - Experts noted that China's financial security faces unprecedented complexities, including the accumulation of traditional financial risks and the emergence of new risks, particularly due to the dual-edged effects of rapid financial technology development [5]. - There is a call for a "bottom-line thinking" approach, reinforcing a "systemic perspective," and building a "multi-party collaborative" financial security defense [5]. Group 3: Conference Outcomes - The successful hosting of the conference provided a high-level platform for in-depth communication and consensus-building, positively impacting the enhancement of China's financial security and the prevention of systemic financial risks [8].

Group 1 - The company is launching a strong initiative to achieve the "double over half" target, emphasizing the need for all employees to actively engage in this effort [1] - The leadership has called for a focus on key areas such as project receivables, revitalizing existing assets, and expanding new business opportunities [1] - Responsibilities must be clearly defined, with major leaders taking the lead and tasks being broken down to specific projects and individuals [1] Group 2 - The company aims to enhance collaboration by adopting a systematic approach, encouraging departments to proactively support subsidiaries and address their needs [2] - A feedback loop is established to ensure that resource allocation and market dynamics are effectively communicated between the group and its subsidiaries [2] - Safety and risk management are prioritized, with a focus on understanding market trends and enhancing contract risk management to improve operational resilience [2]

印度总理莫迪：印度已划定新的底线。 ...

Core Points - The central government emphasizes the importance of ensuring the "three guarantees" (basic livelihood, wages, and operations) as fundamental fiscal responsibilities, which directly relate to the people's interests [1][2] - The recent Central Political Bureau meeting highlighted the need for proactive macroeconomic policies to safeguard the "three guarantees" amidst external uncertainties and internal challenges [2][4] Fiscal Measures - The central government has allocated 10.34 trillion yuan for local transfer payments this year, representing an 8.4% increase, with a focus on enhancing general transfer payments to boost local fiscal capacity [3] - Local governments are encouraged to optimize spending structures, prioritize "three guarantees" expenditures, and adopt a "tight budget" approach to free up more financial resources for these guarantees [3] Long-term Strategy - Establishing a robust and long-term system for managing the "three guarantees" is crucial, including a clear responsibility framework that involves county-level management supported by city and provincial levels [3] - Continuous reform of the fiscal and tax systems is necessary to expand local tax sources and enhance local fiscal autonomy, which will help stabilize the "three guarantees" [3] Monitoring and Employment - There is a need for dynamic monitoring of the "three guarantees" situation to promptly address risks and ensure effective budget execution [4] - Employment is a critical aspect of maintaining the "three guarantees," with policies aimed at job stability and quality being prioritized [4]