金十数据6月12日讯，当地时间2025年6月11日，国家副主席韩正在马德里会见西班牙首相桑切斯。中方 愿同西班牙一道，以两国建立全面战略伙伴关系20周年为契机，落实好两国领导人重要共识，保持高层 交往，持续增进政治互信，深入推进互利合作，进一步加强在联合国、世界贸易组织等重要多边机制中 的沟通协作和相互支持，推动中西全面战略伙伴关系取得更大发展。 桑切斯表示， 关税战没有赢家。 西班牙和欧盟反对单边主义，支持自由贸易，愿同中方携手维护国际贸易秩序，捍卫多边主义。西班牙 愿继续为促进欧中关系发展发挥积极作用。 （外交部） 韩正会见西班牙首相桑切斯 ...

韩正表示，今年4月，首相先生3年内第3次访华，习近平主席、李强总理同你深入交流，双方共同 发出深化开放互利合作、维护自由贸易秩序、捍卫国际公平正义的声音，体现了中西关系对维护世界稳 定和繁荣的重要意义。中方愿同西班牙一道，以两国建立全面战略伙伴关系20周年为契机，落实好两国 领导人重要共识，保持高层交往，持续增进政治互信，深入推进互利合作，进一步加强在联合国、世界 贸易组织等重要多边机制中的沟通协作和相互支持，推动中西全面战略伙伴关系取得更大发展。在当前 变乱交织的国际形势下，中欧加强团结合作，维护多边主义和自由贸易，有利于中欧，也有助于世界经 济稳定。希望双方以中欧建交50周年为契机，推动中欧关系健康稳定向前发展，希望西班牙为此发挥积 极作用。 新华社马德里6月11日电（记者 胡加齐 董雪）当地时间6月11日，国家副主席韩正在马德里会见西 班牙首相桑切斯。 桑切斯表示，西班牙高度珍视同中国的友好关系。当前单边主义、保护主义损害各国利益，中国对 多边主义的坚守和承诺尤为珍贵。西班牙政府坚定奉行一个中国政策，欢迎更多中国企业赴西投资，愿 同中方落实好两国关于加强全面战略伙伴关系的行动计划，密切高层交往，深化贸易 ...

2025.06. 11 本文字数：2111，阅读时长大约4分钟 作者 | 第一财经 冯迪凡 当地时间10日，美国教育部长麦克马洪称，如果哈佛大学等高校遵守美国法律，特朗普对这些高校 的资金削减措施可能会被恢复。 "我的目标是，如果高校遵守美国法律并履行我们的期望，它们可以期待获得纳税人资助的项 目。"麦克马洪还透露，尽管与哈佛大学的法律纠纷仍在继续，但特朗普政府在与该校的讨论中"取 得了一些进展"。 英国杜伦大学法学院副院长、跨国法教授兼全球政策研究所联合主任杜明曾在哈佛法学院就读。他对 第一财经记者表示，特朗普政府针对哈佛在国际学生和削减资金方面的发难，涉及不同的法律层面议 题，简单而言要判断这个"拨款"到底是"必须"还是一项"特殊权利"；不过总体而言，包括在招收国 际学生方面，"如果有些事情被破坏之后是很难再重复的，这是拿整个美国在各方面的声誉在豪 赌。" 来源：新华社 美教育部长松口 4月14日，哈佛大学拒绝了特朗普政府提出的对其管理结构、招聘及招生政策进行大幅改革的要求。 特朗普政府随后宣布，冻结对该校总额为22亿美元的多年期拨款，以及6000万美元的多年期合同款 项等。 5月26日，特朗普再度对哈佛 ...

Core Viewpoint - The U.S. Education Secretary, McMahon, indicated that federal funding cuts imposed by the Trump administration on Harvard University and other institutions could be restored if they comply with U.S. laws [1][3]. Funding and Legal Disputes - Harvard University has been involved in legal disputes with the Trump administration, challenging the freezing of federal funds totaling $2.2 billion and the revocation of its international student admission license [4]. - The university has filed for a summary judgment to unfreeze the funds, detailing the impact of the funding cuts on various research projects, including $88 million for AIDS prevention and $12 million for defense against emerging biological threats [4][5]. - Over 12,000 Harvard alumni signed a legal statement supporting the university's challenge against the funding cuts, marking one of the largest alumni petitions in history [5]. Impact on Other Universities - Columbia University has also faced significant funding losses, amounting to approximately $400 million, leading to layoffs of nearly 180 staff members [6]. - The U.S. Education Department warned Columbia University for failing to protect Jewish students from harassment, which could affect its accreditation status and access to federal student aid [7]. Broader Implications for Higher Education - The ongoing conflict between the Trump administration and universities raises concerns about the autonomy and academic freedom of higher education institutions [8]. - The potential loss of international students due to tightening visa policies poses a threat to the talent pool and financial stability of U.S. higher education, as international students contribute significantly to academic research and funding [7][8].

在谈及科技发展时，萨帕特罗认为人工智能在科技史上是一场"质的飞跃"。他表示，人工智能不仅是技术进步，也对人类社会的共生模式提出挑战。 "我们必须以哲学原则为起点，找到驾驭人工智能的智慧之道，确保其不突破人类尊严的基本底线。"他指出，人工智能不会从根本上威胁就业岗位，虽 然某些职业可能会消失，但也会催生新的工作机会。他呼吁建立坚实的伦理准则，并在全球范围内加强协作，以规范和引导人工智能的发展方向。 萨帕特罗高度肯定职业教育特别是"双元制"教育在应对青年就业问题中的重要作用。他指出，德国曾在该领域起到示范引领作用，近年来中国和西班牙 也在该方面取得积极进展。 他表示："经验交流与互学互鉴让职业教育获得与高等教育同等地位，这些智慧国家与发达经济体所倡导的理念，正是西班牙和中国在合作中应当共同 推动的方向。" 20年来，中西全面战略伙伴关系持续发展，萨帕特罗回顾了两国在过去20年中取得的成就，特别是高校之间的合作。"有很多西班牙高校与中国高校建 立了合作机制，在教育领域的合作可以说是最为有力的。"他说。 西班牙前首相萨帕特罗接受人民网专访。主办方供图 人民网青岛6月11日电 （记者盛楚宜、刘旭霞）6月11日，在中国欧 ...

金十数据6月11日讯，欧盟大使维森廷表示，欧盟已经准备好并愿意再次尝试与澳大利亚达成自由贸易 协议，同时补充说，2023年确定的协议的主要障碍基本上没有改变。维森廷周三在堪培拉发表演讲时表 示，自谈判破裂以来，地缘政治和全球贸易发生了"令人难以置信的"变化，这促使双方"联手捍卫自由 贸易"。在几乎不加掩饰地提到特朗普的政策时，维森廷强调，"关税、经济胁迫和不公平的贸易行为越 来越普遍。"然而，他警告说，虽然有达成协议的愿望，但这并不意味着双方之间没有分歧。"这方面的 内容没有任何改变，"维森廷说。"分歧仍然存在，仍然难以解决和处理。"自2018年6月以来，澳大利亚 和欧盟一直试图达成一项自由贸易协定，但强大的农业游说团体使双方在关键问题上达成妥协并确保最 终协议的努力变得复杂。 欧盟准备第二次尝试与澳大利亚达成贸易协议 ...

Group 1 - The A-share market opened high and rose, with the Guozheng Free Cash Flow Index increasing over 0.6% during the session, led by stocks such as Laofengxiang, Jinhong Group, Shandong Haihua, and Huanxu Electronics [1] - The largest free cash flow ETF (159201) saw active trading, with transaction volume exceeding 100 million yuan, and an average daily transaction of 307 million yuan over the past week, ranking first among comparable funds [1] - Free cash flow (FCF) is defined as the cash remaining after all cash expenditures, including operating costs and capital expenditures, which reflects the true profitability of a company [1] Group 2 - The free cash flow index typically excludes financial and real estate sectors, selecting companies with stable free cash flow and positive enterprise value, adjusting quarterly based on free cash flow weight [1] - The free cash flow ETF (159201) closely tracks the Guozheng Free Cash Flow Index, focusing on listed companies with high and stable free cash flow levels, characterized by high long-term returns and low volatility, suitable for the current phase of high-quality economic growth [1] - The fund's management and custody annual fee rates are among the lowest in the market [1]

Group 1 - The rise of snack stores is a significant consumer trend in China, comparable to the popularity of milk tea shops [1][2] - Snack stores primarily cater to consumers outside of first-tier cities, tapping into a vast market [2][3] - The appeal of snack stores lies in their variety and affordability, allowing consumers to purchase multiple flavors at a low cost [3][5] Group 2 - Snack stores fulfill two consumer desires: the craving for variety and the need for affordable indulgence [5][6] - The low investment and operational requirements make snack stores attractive for franchisees, contributing to their rapid expansion [10][11] - The uniform demand for snacks across different regions facilitates quicker establishment of snack stores compared to restaurants [12][13] Group 3 - Despite their growth, snack stores face challenges, particularly low profit margins, with "Mingming Hen Mang" reporting a gross margin of 7.5% and a net profit margin of 2% [14][15] - The average gross margin for franchisees in the snack industry is around 20%, while the parent company retains a lower margin [16] Group 4 - The entry of new players, such as "Chayan Yuesheng," a well-known milk tea brand, into the snack market indicates the sector's attractiveness [21][22] - Chayan Yuesheng's strategy involves developing its own snack products, differentiating itself from typical snack stores that rely on existing brands [24][26] - The brand's expertise in flavor development from its milk tea business enhances its ability to create appealing snack products [27][28] Group 5 - Chayan Yuesheng's expansion into snacks is a response to local market saturation and aims to attract repeat customers [30][31] - The integration of snack offerings at milk tea locations allows for cross-selling opportunities, enhancing customer experience [34][36] - The ability to sell self-branded snacks through e-commerce platforms broadens market reach beyond local areas [37][38] Group 6 - Chayan Yuesheng's approach of combining high-margin milk tea with low-margin snacks can improve overall profitability [41]

Core Viewpoint - The Regional Comprehensive Economic Partnership (RCEP) is emerging as a new engine for economic growth in the Asia-Pacific region, promoting regional economic integration amid increasing global uncertainties and trade order instabilities [1][2]. Group 1: Economic Growth and Trade Development - RCEP has significantly boosted intra-regional trade, with over 45% of exports and nearly 54% of imports within the region directed towards member markets, marking increases of approximately 9 percentage points and 12.1 percentage points since 2020, respectively [2]. - The GDP of RCEP members has grown at an average annual rate of 3.5% from 2021 to 2023, surpassing global growth by 0.5 percentage points, and is projected to contribute over 32% to global economic growth from 2023 to 2029, amounting to an increase of $10.9 trillion [2]. Group 2: Regional Integration and Supply Chain - The deep integration of supply chains within the RCEP region is crucial for economic stability, with the share of intermediate goods trade rising from 65.0% to 68.3% of total trade from 2021 to 2024 [3]. - RCEP aims to enhance the zero-tariff coverage rate, which is currently around 70% for China-ASEAN trade, compared to 97% under the China-ASEAN Free Trade Area agreement [3]. Group 3: Future Developments and Expansion - The conditions for establishing a high-level free trade area are maturing, with potential breakthroughs in bilateral and multilateral trade agreements, such as the anticipated signing of the upgraded China-ASEAN Free Trade Area 3.0 [4][5]. - RCEP is also considering expansion, with applications from Hong Kong, Sri Lanka, and Chile, which could enhance regional trade and financial development [5][6]. Group 4: China's Role in RCEP - China, as the largest market in the RCEP region, is expected to play a pivotal role in driving the unified market's formation, with significant growth potential in service industries and urbanization [8][9]. - In 2023, China accounted for 20.1% of RCEP's total exports of consumer goods, surpassing the U.S. by 35.6%, highlighting the importance of tariff concessions and market access for RCEP members [9].

今日，现金流ETF（159399）官宣第4次分红，本次分红比例为0.20%，权益登记日为6月13日，现 金红利发放日为6月18日。 现金流ETF（159399）是以自由现金流作为选股因子的Smart Beta ETF，紧密跟踪富时中国A股自由 现金流聚焦指数，剔除金融和地产行业，优选自由现金流率最高的50只股票，为投资者筛选出了一批 A 股市场中的 "现金牛" 企业，为长期投资收益奠定了坚实基础。 业绩表现上来看，富时现金流指数的长期业绩突出，以全收益指数（含分红收益）计算，基日 （2013/12/31）以来，富时现金流指数年化收益率超18%，累计涨幅达568.15%，显著高于沪深300的 114.88%的和中证红利的285.62%，连续 9 年跑赢中证红利指数。 每日经济新闻 （责任编辑：张晓波 ） 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 注：根据本次收益分配方案，现金流ETF分红基准日为202 ...