如果按出资对象企业总部所在的国家和地区，对中国政府的NPF进行归类，除中国外最多的是澳 大利亚。NPF约为5460亿美元。对基础设施和资源相关企业具有强大的支配力。 将特定组织和企业作为股东具有影响力的企业等的营业收入规模视为"支配力"，将子公司和孙公 司等间接出资包括在内的出资关系视为网络，并在考虑持股比例的基础上进行计算。以压倒性优 势排在第一位的是中国政府…… 《日经商务周刊》与日本早稻田大学和国立情报学研究所合作，利用约2亿条数据分析了全球企 业的资本结构，结果显示中国政府在各国拥有强大的支配力。美国大型基金的支配力跻身前列。 美国企业和中国政府的"资本战争"正在展开。 分析采用了日本早稻田大学的栗崎周平副教授和日本国立情报学研究所水野贵之副教授开发的自 主指数"NPF(Network power flow)"。将特定组织和企业作为股东具有影响力的企业等的营业收入 规模视为"支配力"，将子公司和孙公司等间接出资包括在内的出资关系视为网络，并在考虑持股 比例的基础上进行计算。 以压倒性优势排在第一位的是中国政府。NPF将网络上的所有旗下企业都计算在内。各行业的核 心企业多是中国的国有企业，因此获得了很高 ...

保险公司拥抱开放科技已势不可挡 Nikola Djokic | | 0 | . | | --- | --- | --- | | | - | L | | | | 1 | | - | | | | 内容 | 简介 | 3 | | --- | --- | --- | | | 保险无处不在 | 4 | | | 改变契机 | 5 | | | 保险公司新样貌 | 7 | | | 生态系时代 1. | 7 | | | 无缝整合保险价值体系 | 9 | | | 2. 嵌入式保险的新商业模式 | 10 | | | 嵌入式保险之整合商机 | 11 | | | 3. 保险个人化 | 11 | | | 扩展多元通路组合 4. | 12 | | | 借力"云"的全方位潜能 5. | 13 | | | 开放世界中的保险公司 | 15 | | | 探索软件即服务(SaaS)对保险业的潜力 | 15 | | | 人工智能(AI)及前沿科技 6. | 16 | | | 重新想象顾客旅程 | 16 | | | 致胜新法则 | 17 | | | SAP Fioneer助力保险公司迎向成功未来 | 18 | 保险 无处不在.随需可见 3 简介 白皮书 ...

Core Viewpoint - The article discusses the advancements in iPS cell technology, particularly the establishment of the "MyiPS" project by the Kyoto University iPS Cell Research Foundation, aimed at reducing manufacturing costs and improving treatment options for various diseases [1][2][3]. Group 1: MyiPS Project Overview - The "MyiPS" project involves creating and storing iPS cells from patients' own cells, which minimizes the risk of rejection compared to using cells from others [1][2]. - The newly built facility in Osaka, covering approximately 1,800 square meters, is equipped with 14 fully automated German cultivation devices, allowing for the production of iPS cells within about one month after extracting cells from blood [2][3]. Group 2: Cost Reduction and Production Goals - The current manufacturing cost for one person’s iPS cells is estimated to be several tens of millions of yen, presenting a significant challenge [2][3]. - The foundation aims to reduce the production cost to around 1 million yen (approximately 4.84 million RMB) per person by 2025, although current raw material costs already reach this target [3]. Group 3: Support and Future Prospects - The project has received support from prominent figures, including Masayoshi Yanai, the chairman of Fast Retailing, who has pledged 5 billion yen annually for nine years starting from 2021 [3]. - Despite the challenges, the establishment of the facility is seen as a significant step forward, with plans to produce 1,000 person’s worth of iPS cells annually in the future [3][4].

Core Viewpoint - Japanese companies with significant revenue from China are facing challenges, as indicated by a decline in their market capitalization index from 100 to 67 since March 7, 2024, due to intensified competition from Chinese firms and economic concerns stemming from US-China tensions [1][2]. Group 1: Market Performance - The weighted average market capitalization of ten major Japanese companies with high revenue from China has dropped significantly, while companies like SUBARU and Takeda Pharmaceutical, which have higher revenue from the US, remain relatively stable at 91 [2]. - The Japanese stock market is particularly affected by the performance of Chinese concept stocks, which are struggling amid fears of economic slowdown and increased competition from Chinese enterprises [2]. Group 2: Economic Policies and Expectations - The Japanese market is closely watching China's National People's Congress for policies aimed at stimulating domestic demand, with a notable increase in the mention of "consumption" in the government work report [1]. - There are expectations that China's economic stimulus measures starting in 2024 could positively impact Japanese companies' performance [1]. Group 3: Competitive Landscape - Chinese companies, particularly in the automotive sector, are gaining market share through cost reductions and innovations, with BYD's electric vehicle sales projected to grow by 40% in 2024, while Japanese automakers like Honda and Nissan are experiencing declines in sales [2][3]. - The rise of Chinese firms is attributed not only to government subsidies but also to significant improvements in production efficiency, with labor productivity in China increasing by 30% from 2017 to 2022, compared to a 7% increase in Japan [3]. Group 4: Strategic Responses - Despite the competitive pressures, some Japanese companies are investing in China, such as Toyota's plan to build a Lexus factory in Shanghai and launch a budget EV [4]. - Pigeon Corporation, a baby products giant, is implementing aggressive marketing strategies to recover its lost market share in China, aiming for a 20% increase in sales [4][5]. Group 5: Future Outlook - The competitive landscape in China is described as overly competitive, raising questions about the prospects for Japanese companies [5]. - There is a belief that Japanese firms, known for their quality and price balance, may have opportunities to regain market share, especially in sectors like AI and hardware [5].

日本经济新闻（中文版：日经中文网）获悉，本田将把位于中国广东省广州市的发动机工厂的产能减 半。这相当于中国市场销售的搭载发动机的汽车的30%。在中国，由于当地企业的攻势，纯电动汽车 (EV)正在迅速普及。在纯电动汽车方面薄弱的本田正陷入苦战，将加快结构改革。 丰田和日产汽车等日本汽车制造商在中国市场均遇到困难。日产也开始减少产能。本田的减产规模将成 为日系车企中最大的一家。 本田与中国东风汽车集团合资的"东风本田发动机"位于广州市的发动机工厂的产能将从每年52万台减少 至一半。3月底将停产一条生产线。 本田与中国广州汽车集团的合资公司运营的3家发动机汽车组装工厂中，有一家工厂也于1月停产。 年产量为24万辆。 2家工厂均征集了自愿离职员工。 本田在车展上展出的发动机汽车（2024年11月，广东省广州市） "东风本田发动机"位于广州市的发动机工厂的产能将从每年52万台减少至一半。这相当于本田在中国 市场销售的搭载发动机的汽车的30%。在缩小发动机汽车生产体制的同时将加强EV的开发，4月在中国 成立负责软件开发等的新组织…… 本田3月6日起上市了纯电动汽车新品牌"烨"系列。采用了在中国新研发的纯电动汽车底盘。该品 ...

Core Viewpoint - The article discusses the challenges faced by the South Korean semiconductor industry, particularly in relation to labor regulations, competition from China, and the need for increased investment and flexibility in work hours to remain competitive in the global market [1][2][3]. Group 1: Labor Regulations and Industry Challenges - South Korean semiconductor companies are struggling with strict labor regulations that limit working hours, which hampers their ability to meet customer demands and compete with international rivals [2][3]. - The recent legislative changes, such as the K-chip law, have not sufficiently addressed the industry's need for flexibility in work hours, particularly for research and development personnel [1][4]. - There is a growing concern that the current labor policies may lead to a talent drain, as skilled engineers may seek opportunities in countries with more favorable working conditions [5][6]. Group 2: Competition and Technological Development - Chinese companies are rapidly advancing in semiconductor technology, posing a significant threat to South Korean firms, particularly in the DRAM market [3][4]. - The article highlights that while South Korea has increased its investment tax deduction rate to 30%, it still lags behind China's 220%, which could hinder immediate investment in technology [4][5]. - The urgency for South Korean companies to innovate and adapt to AI technology is emphasized, as failure to do so may result in losing market share to Chinese competitors [3][5]. Group 3: Investment and Talent Development - The semiconductor industry requires substantial investment in both technology and human resources to maintain competitiveness, yet there is a shortage of skilled engineers globally [5][6]. - Companies are attempting to cultivate talent through partnerships with universities and internal training programs, but this process is time-consuming and may not meet immediate industry needs [5][6]. - The article stresses the importance of allowing core researchers to have flexible working hours to maximize productivity and innovation in a highly competitive environment [5][6].

Key Events Overview - The National People's Congress (NPC) and the Chinese People's Political Consultative Conference (CPPCC) will hold their annual sessions in Beijing on March 4 and 5, respectively, focusing on government work reports and economic development plans [3][4]. - U.S. President Trump will deliver a speech at a joint session of Congress and host a cryptocurrency summit, with significant policy implications expected [8][6]. - The U.S. will implement tariffs on imports from Mexico and Canada, with a 25% tariff on most products and a 10% tariff on Canadian energy products, which may provoke strong responses from Canada [6][7]. Economic Data Releases - The U.S. non-farm payroll report for February is anticipated to show an increase of 160,000 jobs, with the unemployment rate expected to remain at 4% [9]. - China's February CPI and PPI data will be released, with expectations of a CPI decline to around -0.6% due to falling agricultural prices and international oil prices [11]. - China's January-February trade data will be published, with a focus on export performance amid tariff uncertainties [12]. Market Sentiment and Predictions - Bloomberg economists have expressed concerns about softening sentiment and reduced spending, which may challenge the narrative of U.S. economic exceptionalism [10]. - The European Central Bank (ECB) is expected to announce a 25 basis point rate cut, marking the sixth cut since June, amid mixed inflation signals from Germany and France [14]. New Listings and Fund Issuance - Two new stocks, Yutian Guanjia and Mixue Group, will be listed, with Mixue Group being the largest fresh beverage company in China, holding a market share of 11.3% domestically [21]. - A total of 44 new funds were issued during the week, indicating active market participation [24].