Group 1 - The digital economy has become a key force reshaping the global competitive landscape, with China's digital economy core industry value added reaching 12.7555 trillion yuan, accounting for 9.9% of GDP in 2023 [1] - The 2025 Global Digital Economy Conference will be held from July 2 to 5 in Beijing, focusing on the theme of "Building Digital Friendly Cities" and the impact of digital technology on urban development [2] - The digital human "Zhu Xi" is showcased at the conference, representing advanced technology's role in urban development and will also be utilized in various public service settings such as airports and train stations [1][2] Group 2 - Capital Information Development Co., Ltd. presented the "Diagnosis and Payment" medical unified payment platform, aimed at enhancing accessibility in medical services through innovative online and offline models [2] - Qi An Xin Technology Group, a leader in network security, showcased a comprehensive solution for reshaping internal security systems, covering security positions, operations, and management to ensure the digital economy's network security [2] - OBE demonstrated the "E-Zhi Hui Digital Park Operation Platform," which digitally reconstructs various aspects of industrial parks, transforming them from traditional "space carriers" to "industrial growth engines" [2]

6月27日，数字医疗健康服务平台" 健康160"递表港交所，这也是其第三次冲击港股上市。对此，网经社组织业内人士、分析 师、投资家予以解读。 对此，互联网专家、网经社电子商务研究中心特约研究员郭涛接受数字经济新媒体&智库——网经社独家专访。 一、"健康160"前两次递表失败原因？ 郭涛认为，"健康160"前两次递表失败，主因在于盈利短板与业务模式争议。财务层面，其虽收入增长，但持续亏损，毛利率偏 低，不符合港股对盈利稳定性的潜在要求。业务层面，"医疗预约+健康商城"模式被质疑"重流量轻盈利"，过度依赖医院挂号、 药品销售分成等第三方合作，自身医疗资源掌控力不足，导致商业闭环脆弱。此外，市场对其"互联网医疗"属性存在争议，叠 加数据安全、医患责任界定等监管趋严，进一步削弱了投资者信心。 二、"健康160"财务及业务表现如何？ 郭涛表示，"健康160"收入超60%依赖挂号服务费与健康产品销售，但技术开发、用户获取等成本居高不下，加之医疗行业消费 周期长、复购率低，导致亏损持续扩大。其业务模式试图串联"线上挂号-问诊-健康管理-医药电商"全链条，但各环节均面临激 烈竞争：挂号服务需与微医、好大夫在线竞争；问诊领域受 ...

Group 1: Elderly and Child Care - A total of 7 national standards were released for home-based elderly meal services, rehabilitation aids in elderly care institutions, and convenient services on medical insurance platforms, addressing the needs of elderly care and medical security [2] - 9 national standards were introduced to enhance product packaging safety, particularly for children, including requirements to prevent children from opening packaging [2] - 4 national standards were established to improve the aging-friendly features of products and enhance anti-counterfeiting technology [2] Group 2: Daily Life - 2 national standards were published for oral hygiene products, focusing on calcium silicate and toothpaste abrasion testing methods to protect public oral health [3] - 3 financial service national standards were introduced, including a unique product identification code and descriptions of banking services, supporting financial security and high-level financial openness [3] - 2 national standards were released for emergency management and urban power service continuity guidelines, enhancing emergency response capabilities and promoting resilient city construction [3] Group 3: Emerging Industries - 7 national standards were published in areas such as artificial intelligence, information technology, and the Internet of Things, providing technical support for digital service capabilities [4] - 5 national standards were established for data centers and cybersecurity technologies, facilitating deeper interconnectivity in the digital economy [4] - 2 national standards were introduced for electric earth-moving machinery safety and battery swap systems, aiding the green transformation of traditional industries [4] Group 4: Transportation and Energy - 12 national standards were released for waterway passenger transport services, road traffic signs, fuel consumption evaluation methods for passenger cars, and automotive maintenance, providing technical support for transportation safety [5] - 14 national standards were published for ship soft ladders, propellers, and buoyancy materials for submersibles, enhancing quality and efficiency in the shipbuilding industry [5] - 2 national standards for ethanol gasoline and its blending components were introduced, ensuring the stability of fuel quality [5]

Core Viewpoint - Meituan's "Raccoon Canteen" project represents an innovative food safety infrastructure that is transforming the food delivery industry, providing new experiences for consumers and exploring new pathways for industry development [1][11]. Group 1: Innovative Model - The "Raccoon Canteen" operates on an "Internet + Open Kitchen" model, aiming to create a more transparent food delivery supply system that enhances consumer trust [3][15]. - The project features a "Store Manager's Food Safety Diary," which details daily procurement lists, food processing, and hygiene checks, significantly boosting consumer confidence in food quality and safety [5][8]. Group 2: Consumer Experience - The centralized kitchen model allows consumers to order from multiple brands in one transaction, improving selection and reducing delivery costs [7][10]. - The "Raccoon Canteen" caters to young consumers seeking diverse dining options, offering a wide range of food categories and simplifying the ordering process [10][11]. Group 3: Food Safety Management - Meituan has established high standards for vendor admission and on-site management, ensuring strict compliance with food safety regulations [8][15]. - Collaborating with suppliers like Kuaile and over 200 brands, the "Raccoon Canteen" ensures reliable ingredient quality through direct sourcing and efficient logistics [10][16]. Group 4: Industry Impact - The emergence of the "Raccoon Canteen" offers a new perspective for the food delivery industry, potentially influencing its future development [11][15]. - The model is seen as a reference for enhancing food safety standards across the industry, fostering greater consumer trust in food delivery services [15][16].

Market Overview - The report indicates that the A-share market is expected to maintain a relatively strong trend in the short term, with a high likelihood of a fluctuating upward pattern for the index [2][9][10] - Recent trading volume has been around 1.5 trillion, reflecting active market participation and potential for individual stock profitability to expand [4][10] Investment Opportunities - Three main investment lines are highlighted: 1. Focus on companies with better-than-expected mid-year performance as the reporting window opens in July, suggesting a strategy of buying low [3][10] 2. Emphasis on technology sectors such as military industry, robotics, AI, semiconductors, and digital economy, with a caution to avoid overvalued stocks and speculative plays [3][10] 3. Look for rebound opportunities in sectors like new energy and brokerage firms during market pullbacks [3][10] Sector Analysis - The pharmaceutical sector saw a collective rise, driven by new measures from the National Healthcare Security Administration and the National Health Commission to support high-quality development of innovative drugs [6][10] - Bank stocks rebounded after a period of decline, supported by their low valuation and high dividend yield, although there are concerns about the impact of economic slowdown on credit demand and interest income [7][10] - The report notes a significant rise in brain-computer interface stocks, particularly following advancements from Neuralink, although it cautions that this may still be in the speculative phase [8][10]

2025年6月19日，全球会展业三大峰会之一的国际会展业CEO上海大会在国家会展中心（上海）正式启幕。本届大会以"会展创新，驱动可持续发展"为核心 主题，吸引来自英国、德国、意大利、西班牙、沙特阿拉伯等30余个国家和地区的300余位行业领袖齐聚一堂，共同探讨全球经济转型背景下会展业的变革 路径。上海市商务委员会主任朱民在开幕式上表示，上海作为国际会展之都，2024年共举办展览活动896个，总面积达1922万平方米，国际展面积占比超八 成，十万平方米以上展会面积创历史新高，41个展会获国际展览业协会（UFI）认证，数量稳居全球主要会展城市首位。 本届大会的国际化程度显著提升，除传统欧美参会代表外，首次邀请东南亚、中东等新兴市场国家会展机构负责人深度参与，进一步拓展全球合作网络。国 际展览业协会（UFI）首席执行官柯世祺在主题演讲中指出，2024年全球会展行业实现强劲复苏，举办展览3.2万场，总租用面积达1.437亿平方米，其中亚 太地区贡献38.5%的场馆容量，中国以31.2%的占比领跑全球。他同时强调，人工智能技术加速渗透与气候变化对运营的挑战，正成为行业变革的双刃剑， 而上海在数字化办展、绿色低碳实践等方面 ...

Group 1 - The core viewpoint of the articles is the establishment of various local standards in Beijing aimed at enhancing the quality and safety of services in large-scale events, health examinations, and digital economy initiatives [1][2][3] Group 2 - Beijing has developed the "General Requirements for Medical Security of Large-scale Events," which is the first local standard of its kind in the country, aimed at improving medical security capabilities during large events [1] - The "Food Safety Management Specifications for Large-scale Events" outlines the responsibilities of organizing units, food suppliers, and inspection agencies, emphasizing health management and hygiene requirements for food industry personnel [1] - The "Health Examination Quality Control Specifications" is the first standard in the health examination field collaboratively developed by the Beijing-Tianjin-Hebei region, focusing on quality control across all stages of health examinations [2] - The "Automatic Driving Map Data Exchange and Service Interface Specifications" sets basic requirements for data exchange in the context of autonomous driving, contributing to the development of digital economy benchmark cities [2] - The "Important Information Infrastructure Security Protection and Assessment Requirements" is the first local standard in Beijing for the security of critical information infrastructure, addressing various aspects of security management [2] - The "Clean Production Collaborative Audit Technical Guidelines" aim to innovate the clean production audit mechanism and encourage enterprises to shift from passive compliance to proactive optimization [3]

Core Insights - The digital yuan (e-CNY) represents a significant transformation in currency forms, moving from physical to electronic and then to digital, with strategic implications for internationalization, monetary policy, and financial inclusivity [2][12] - The digital yuan is a legal digital currency issued by the People's Bank of China, distinct from cryptocurrencies, and is backed by state sovereignty [2][5] - The digital yuan's development has been rapid, with pilot programs expanding geometrically since 2020, showcasing China's leadership in the central bank digital currency (CBDC) space [5][9] Digital Yuan Features - The digital yuan employs a centralized architecture with a "one currency, two libraries, three centers" model, ensuring state control over issuance while enhancing transaction transparency and user privacy [3][5] - Key features include anonymous small transactions, traceable large transactions, and offline payment capabilities, which enhance convenience and security [3][7] - The digital yuan has penetrated various sectors, including retail, transportation, and government services, significantly improving financial service efficiency [7][9] Development Timeline - The journey of the digital yuan began in 2014 with the establishment of a research group, leading to a structured exploration of digital currency frameworks and technologies [5][11] - Following the establishment of the Digital Currency Research Institute in 2017, the digital yuan entered the development phase, with internal trials starting in 2020 [5][11] - By 2024, the digital yuan had seen the opening of 180 million personal wallets and transaction amounts exceeding 7.3 trillion yuan, indicating a rapid adoption rate compared to other countries' CBDCs [5][9] Strategic Implications - The rise of the digital yuan is reshaping the international monetary system, providing alternatives to the US dollar for countries involved in the Belt and Road Initiative [9][12] - The digital yuan's design allows for more precise monetary policy implementation and enhances financial inclusivity while balancing privacy and regulatory needs [9][11] - The digital yuan is expected to drive a trillion-dollar fintech market, fostering innovation across the entire industry chain [9][12] Future Trends - Future developments of the digital yuan will likely involve deeper technological integration and broader ecosystem expansion, with projections indicating that cross-border settlement volumes could account for 15% of total RMB internationalization by 2030 [11][12] - The introduction of regulatory frameworks will clarify the responsibilities of market participants, supporting the sustainable development of the digital yuan [11][12]

Group 1: Free Trade Zone in Da Nang - The Vietnamese National Assembly has approved the establishment of the country's first free trade zone in Da Nang, covering approximately 1,881 hectares and encompassing various functional areas such as production, logistics, trade, services, digital industry, and information technology [1] - The Vice Prime Minister of Vietnam expressed hopes that the free trade zone will become a global economic hub, driving local and national economic growth [1] - Da Nang has been merged with Quang Nam Province, increasing its area to 11,000 square kilometers, with plans for a regional financial center and significant infrastructure investments [1] Group 2: Economic Growth and Challenges - Vietnam's GDP is projected to reach approximately $476.3 billion in 2024, with a growth rate of 7.09%, and foreign direct investment is expected to hit a record $25.35 billion, a year-on-year increase of 9.4% [2] - The total goods import and export value is anticipated to reach $786.29 billion, reflecting a year-on-year growth of 15.4% [2] - However, external factors such as U.S. trade policies and weakened global demand pose significant risks to Vietnam's economy, with projections indicating a potential decline in growth rates by 2025 [2][3] Group 3: Structural Reforms and Trade Negotiations - The establishment of the Da Nang free trade zone is seen as a key measure in Vietnam's structural reforms aimed at mitigating external risks [3] - As the U.S. approaches the deadline for imposing high tariffs, Vietnam is intensifying negotiations with the U.S. to address trade disputes [3] - Recent trade talks in Washington have shown significant progress, with both parties agreeing to continue discussions online [3] Group 4: Regional Trade Agreements - The completion of the China-ASEAN Free Trade Area 3.0 negotiations is expected to enhance economic cooperation and address global challenges [4] - Vietnam's inclusion as the tenth partner in the BRICS cooperation mechanism highlights its significant role in the global value chain and commitment to a more inclusive international order [4] - Long-term benefits for Vietnam from various trade agreements will depend on its ability to implement pilot projects like the Da Nang free trade zone to deepen and expand its openness [5]

本报北京电(记者廖睿灵)记者从国家能源集团获悉，模型参数达千亿级别的"擎源"发电大模型日前正式 发布，这是全球首个千亿级发电行业大模型，融合了运行监测、设备状态、气象环境等多方面数据。 比如，在电力交易领域，"擎源"可以担任"智慧交易参谋"，精准预测气象变化，预警水情风险，分析市 场形势，为现货交易决策提供支持。一台600兆瓦的发电机组，生产成本可下降0.3%，盈利能力提升 2%。在设备检修领域，"擎源"能够敏锐感知机组状态，智能制定检修策略与派单，推动检修模式从传 统的"被动故障处理"向"预防性状态检修"转变。 国家能源集团电力产业部运行分析处经理王安介绍，"擎源"发电行业大模型的发布，是落实国家数字经 济战略、推动能源行业智能化转型的标杆性成果，安全管控从以人防、物防为主的传统方式，转变为 AI赋能的主动防护体系；运维模式从"事后维修、定期检修"变为"预测性维护、状态检修"；交易决策从 依赖经验和局部信息的传统决策模式，转变为基于海量数据（603138）融合、多模型寻优的智能辅助决 策与自动寻优决策并行模式；调度运行从人工判断、单点优化的调度方式，升级为融合气象水情、市场 供需、设备状态等多维信息的全局协 ...