人民财讯12月10日电，中共海南省委关于制定国民经济和社会发展第十五个五年规划的建议发布，其中 提出，加快建设数字基础设施。加快推动海口国际通信业务出入口局、国际海底光缆等国际通信枢纽建 设，适度超前部署"双万兆网络"，推动"宽带边疆"和城乡一体化网络建设。统筹布局算力基础设施，推 进提升"陆数海算""天数天算"能力，加快建设绿色低碳数据中心，构建通算、智算、超算多元算力体系 和全岛算力"一张网"。统筹空天地海一体化信息网络和车联网等融合基础设施建设，提高全域智能感知 能力。加快数据标注基地建设。努力打造高效便捷的国际数据交易平台。 ...

Core Viewpoint - TikTok is set to invest nearly $40 billion in building its first data center in Latin America, located in the Port of Pecém industrial area in Ceará, Brazil, which will utilize clean energy sources [1] Group 1: Investment and Infrastructure - The investment of approximately $40 billion is aimed at establishing a data center that will enhance TikTok's local operations and comply with data regulation requirements [1] - The project is expected to contribute to the development of Brazil's digital infrastructure and energy transition [1] Group 2: Government Support - Brazilian President Lula has expressed support for the project, highlighting its potential to drive technological advancement in the country [1] Group 3: Sustainability - The data center will operate entirely on clean energy, with part of its electricity sourced from a wind farm built by the company [1]

（原标题：怎么"读懂"中国？前国际政要们这样说丨全球财经连线） 值得注意的是，今年参会国际嘉宾来自72个国家和地区，70%来自全球南方国家，70%为首次参会。这 一组数字表明，越来越多国家希望借助这个平台"理解中国、走近中国"。 蒙古国前副总理登德布·特尔比希达格瓦对南方财经记者表示，中国与广大发展中国家推动的南南合 作，正成为全球发展的重要样本。他告诉南方财经记者，"南南合作堪称全球典范，不仅蒙古需要学 习，世界也需要学习。随着这种合作不断深化，我相信我们会迎来一个更加光明的未来。" 与此同时，在今年的讨论中，一个关键词被频频提及 —— "十五五"规划。国际嘉宾普遍关注：中国未 来将如何布局，这样的布局将给世界带来哪些新机遇。 埃塞俄比亚前总统穆拉图·特肖梅在12月1日的开幕大会演讲中指出，下一阶段的"十五五"规划对中国而 言具有承前启后的重要意义，是中国为实现 2035 年基本实现社会主义现代化目标夯实基础的关键五 年。他注意到，中国在未来五年可能会通过推进数字基础设施建设、人工智能发展、深度融合以及传统 产业的数字化转型来培育新质生产力。他认为，这不仅会进一步提升中国的竞争力，也可能为世界提供 一个新的 ...

Core Insights - Hengxin Oriental Cultural Co., Ltd. reported a revenue of 259 million yuan for the first three quarters of 2025, reflecting a year-on-year decline of 1.71% [1] Company Overview - Hengxin Oriental primarily engages in digital cultural creativity, content production, and technical services [1] - The company's business scope includes digital creative product applications and services, internet video application products and services, and computing power system integration and technical services [1] Strategic Direction - The company is advancing a digital creative industry development strategy driven by "artistic creativity + visual technology" [1] - Hengxin Oriental is actively exploring new business areas in line with the national trend of digital infrastructure development [1]

Core Viewpoint - TeraWulf announced plans to issue $3.2 billion senior secured notes due in 2030, with net proceeds allocated for the expansion of its Lake Mariner data center in New York [1] Group 1: Company Performance - TeraWulf's stock rose nearly 9% on Tuesday and has increased by 169% year-to-date, currently trading at $15.21 [1] Group 2: Financial Strategy - The issuance of the senior secured notes is part of TeraWulf's development plan for expanding its sustainable digital infrastructure [1]

Core Insights - The World Trade Organization's report predicts that with appropriate policy support, AI applications could drive global trade growth by nearly 40% and increase global GDP by 12% to 13% by 2040, highlighting the significant potential of AI technology [1][4] Group 1: Impact on Trade Costs and Efficiency - AI can significantly reduce trade costs by improving efficiency in traditional international trade processes such as information search, contract signing, cross-border payments, and logistics. For instance, intelligent customs systems can shorten clearance times by 70%, while AI-driven supply chain management can lower logistics costs by 20% to 30% [1] Group 2: Reshaping Global Value Chains - AI-driven smart manufacturing systems enhance production flexibility, allowing for quicker responses to market demand changes, thus facilitating the integration of developing countries into global value chains. Additionally, AI is creating new trade categories through product design and innovation, such as smart home devices and autonomous vehicles [1] Group 3: Inclusion of SMEs in Global Trade - AI-driven trade platforms are lowering barriers for small and medium-sized enterprises (SMEs) to participate in global trade by providing global market access, multilingual customer service, and smart marketing tools, thereby enhancing the inclusivity and accessibility of global trade [2] Group 4: Challenges and International Cooperation - The advancement of AI in global trade faces challenges such as the digital divide, with developed countries having superior infrastructure and talent compared to many developing nations. To maximize AI's potential in trade, international cooperation is essential to improve digital infrastructure and reduce the digital gap [2] Group 5: Policy Environment and Capacity Building - Establishing an open, inclusive, and non-discriminatory AI trade policy environment is crucial. Countries should avoid unnecessary trade restrictions and work through multilateral platforms to create standards and reduce trade barriers. Additionally, developed nations should support capacity building in developing countries through technology transfer and training [3] Group 6: China's Role in AI and Global Trade - China possesses a comprehensive AI industry ecosystem and is a global leader in AI applications related to e-commerce, smart logistics, and digital payments. The country is encouraged to actively participate in global AI governance and share successful experiences to support the capacity building of developing nations [3]

Group 1 - The core viewpoint of the article is the signing of a framework cooperation agreement between Kunming Municipal Government, ZTE Corporation, and Yunnan Nantian Electronics Information Industry Co., Ltd. on September 3 [1] - The cooperation will focus on areas such as digital infrastructure construction, application scenario development, and talent cultivation [1]

Core Insights - The company reported a revenue of 5.85 billion yuan for the first half of the year, representing a year-on-year growth of 2.41% [1] - The net profit attributable to shareholders was 729 million yuan, showing a significant year-on-year increase of 29.39% [1] - Basic earnings per share stood at 0.5 yuan per share [1] Business Development - The company continues to advance its research and manufacturing in high-end computers, storage, security, and data center products, with a particular focus on digital infrastructure and intelligent computing [1] - An upgraded super-intelligent integration solution was launched, enhancing the compatibility and efficiency of services through deep integration of high-performance computing and artificial intelligence technologies, facilitating the application of large model training and inference [1] - Positive progress was made in storage products, with the ParaStor series storage systems receiving high market recognition and winning bids for distributed storage procurement from China Mobile for six consecutive years [1] - The FlashNexus series all-flash storage performed excellently in international storage performance committee tests, earning multiple industry awards [1] - The company is expanding its business in cloud computing services and data center construction, introducing several innovative services to further enhance market competitiveness [1]

Core Viewpoint - China Communication Services (00552) reported a net profit growth of 0.2% year-on-year to 2.13 billion RMB, meeting expectations, while total revenue increased by 3.4% year-on-year to 76.94 billion RMB, exceeding expectations [1] Financial Performance - Net profit for the first half of the year reached 2.13 billion RMB, reflecting a slight increase of 0.2% compared to the previous year [1] - Total revenue amounted to 76.94 billion RMB, showing a year-on-year growth of 3.4%, which was higher than anticipated [1] - Gross margin decreased by 0.6 percentage points to 10.3%, primarily due to clients' ongoing efforts to reduce costs in key capital investment projects [1] Future Outlook - The target price for the stock has been raised to 5.15 HKD, with adjustments made to the profit forecasts for 2025 to 2027, maintaining a "Buy" rating [1] - The company is expected to benefit from strong demand for digital infrastructure construction, with non-telecom and international business revenue increasing by 12.6% year-on-year [1] - Anticipation of a significant acceleration in capital expenditure from telecom operators in the second half of the year, driven by the ramp-up of local GPU manufacturers in China [1]

Core Viewpoint - China Communication Services (00552) reported a net profit increase of 0.2% year-on-year to 2.13 billion RMB for the first half of the year, meeting expectations, while total revenue grew by 3.4% year-on-year to 76.94 billion RMB, exceeding forecasts [1] Financial Performance - The gross margin decreased by 0.6 percentage points to 10.3%, primarily due to clients' ongoing efforts to reduce costs in key capital investment projects [1] - The target price has been raised to 5.15 HKD, and the profit forecasts for 2025 to 2027 have been adjusted, maintaining a "Buy" rating [1] Business Segments - Non-telecom and international business revenue increased by 12.6% year-on-year, benefiting from strong demand for digital infrastructure construction [1] - It is anticipated that capital expenditures from telecom operators will significantly accelerate in the second half of the year, driven by the rapid production ramp-up of several local GPU manufacturers in China [1]