原标题：中国48个城市携手青少年庆祝世界儿童日，响应"敢作气候担当"的行动 11月20日， "敢作气候担当，点亮儿童未来"世界儿童日主题活动在北京科技职业大学举行。今年 的世界儿童日主题活动聚焦于青少年从校园到国际舞台为应对气候变化所采取的积极行动。 在主题活动现场，参加了"2025年中国青少年应对气候变化倡导活动"的青少年代表分享了他们的创 新解决方案，并介绍了他们展示这些方案的经历。 11月20日， "敢作气候担当，点亮儿童未来"世界儿童日主题活动在北京科技职业大学举行。今年 的世界儿童日主题活动聚焦于青少年从校园到国际舞台为应对气候变化所采取的积极行动。 在主题活动现场，参加了"2025年中国青少年应对气候变化倡导活动"的青少年代表分享了他们的创 新解决方案，并介绍了他们展示这些方案的经历。 在世界儿童日到来之际，中国48个市县以及30多所联合国儿童基金会项目学校在联合国儿童基金会 的支持下，举办了丰富多彩、富有创意的活动，彰显了对实现儿童权利的承诺。为响应今年世界儿童日 的主题，这些市县和项目学校组织儿童青少年利用生活中产生的可回收物品创作并展示了"气候朋友"艺 术作品及手工作品，或通过其他形式的活动 ...

Core Insights - China's capital market is becoming increasingly attractive to global investors due to its resilience amid economic fluctuations, valuation advantages, and industrial upgrades [1][2] - Foreign institutional investors are particularly interested in sectors aligned with China's economic transformation, such as high-end manufacturing, technology innovation, and consumption [2][3] Group 1: Market Trends - The 2025 Shanghai Stock Exchange International Investor Conference highlighted the growing interest of foreign investors in Chinese assets, with a focus on long-term growth potential and fundamental company performance [1] - International capital flows are being closely monitored, with foreign investors showing a positive attitude towards the Chinese market [1] Group 2: Investment Focus - Key investment themes identified include innovation, restructuring, and international expansion, with consumption upgrades being a significant outcome of these trends [2] - The emphasis on hard technology and the promotion of ETFs related to China's technological innovation are seen as ways to enhance interaction between domestic and foreign capital [2] Group 3: Long-term Investment Strategies - Temasek's investment strategy in China aligns with four long-term directions: digitalization, sustainable living, future consumption, and longevity, focusing on sectors like digital technology, renewable energy, and life sciences [2][3] - The belief in the growth potential of these sectors reflects the future development trajectory of the Chinese economy [3]

Core Insights - The discussion between Nicolai Tangen, CEO of Norges Bank Investment Management, and Dilhan Pillay Sandrasegara, CEO of Temasek, highlighted Temasek's global investment strategy and its relationship with national governance [2][5]. Investment Strategy - Temasek manages a total of $350 billion in assets across 13 offices globally, with a portfolio net worth of SGD 434 billion as of March 31, marking a historical high [2][5]. - The investment portfolio is divided into three main segments: long-term investments in local companies with at least 20% ownership, global direct investments focusing on minority stakes aligned with four institutional trends, and collaborative investment projects with other investors [5][10]. - Temasek does not engage in macro timing but focuses on a "exit-reinvest" capital cycle to achieve long-term returns [5][20]. Geographic Exposure - Temasek's overall exposure in China continues to grow, while funds are being rebalanced towards the US and Europe [20]. - Over the past decade, Temasek's investment strategy has been driven by themes such as urbanization, the rise of the middle class, intellectual property advantages, and global champions [19][20]. Governance and Operational Structure - Temasek operates independently from the Singapore government, with no government-appointed directors on its board, allowing for a separation of regulatory and operational functions [12][11]. - The organization emphasizes a networked, partnership-first approach, prioritizing relationships over transactions [35][36]. Trends and Themes - Current investment trends focus on digitalization, future new consumption, longevity, and sustainable living [19][27]. - The organization has shifted its investment focus post-financial crisis, increasing allocations to the US and Europe, with the investment portfolio value doubling over the last decade [18][19]. Performance and Contribution - Companies held by Temasek contribute approximately 5% to Singapore's GDP, playing a crucial role in sectors like finance and public utilities [6][45]. - Temasek's investment philosophy emphasizes long-term sustainable returns while also considering the broader impact of climate change and technological advancements [14][27].

Investment Highlights - "Xingmai Innovation" completed a new round of financing of 1 billion yuan, led exclusively by Meituan Longzhu, with participation from existing investors including Hillhouse Capital and Shunwei Capital [7] - "YOOUSI" raised several tens of millions in angel round financing, focusing on AI animation technology and content creation [8] - "Robopoet" secured several tens of millions in angel+ round financing, developing AI electronic pets with interactive capabilities [9] - "Second Life" announced a multi-million equity financing round, offering 3D printing services for personalized products [10] - "Weikuai Bupuo" completed 50 million yuan in Series A financing, focusing on entrepreneurship and social networking platforms [11] - "Suzhou Jingxi Zhiyu" raised several tens of millions in its first round of financing, aiming to enhance smart home appliance technology [12] Market Developments - "Butong Group," known as the "Apple of the baby industry," went public in Hong Kong with a market capitalization of 9.42 billion HKD, focusing on high-end durable baby products [13] - "M Stand" acquired Shanghai restaurant brand "RAC BAR" and opened its first concept store in Shanghai, expanding its lifestyle brand ecosystem [14][15] - "Naixue's Tea" is set to open its first store in the U.S. on October 3, following successful pop-up events in New York [17] - "Bawang Tea Ji" opened the world's largest "super tea warehouse" in Hong Kong, enhancing its market presence [18] Consumer Trends - In August, 27 chain coffee brands opened 3,904 new stores, with only 6 brands showing growth, indicating a concentration of market expansion among leading brands [30] - The price range for outdoor jackets shows significant differentiation, with products priced between 400-499 yuan dominating the market [31]

Core Viewpoint - The rising popularity of winter melon as a cooling method reflects a shift towards low-carbon, low-cost living among contemporary youth, emphasizing a return to traditional wisdom and a critique of modern consumerism [2][3]. Group 1: Market Trends - The trend of using winter melon for cooling is driven by an increasing demand for sustainable and low-cost cooling solutions, particularly among younger consumers [2][3]. - The extreme heat experienced this year has acted as a catalyst for the popularity of winter melon, but the underlying demand for eco-friendly cooling methods is a more significant trend [3]. - The market is responding to this green wave, with other natural cooling products like bamboo mats, cooling towels, mint sprays, and mung bean water gaining popularity [3]. Group 2: Health and Traditional Wisdom - The use of winter melon aligns with traditional Chinese medicine principles, particularly the idea of using cold to counteract heat, which is rooted in the philosophy of achieving balance [1][4]. - The cooling properties of winter melon are supported by its "sweet and cold" nature, which can alleviate common summer ailments such as loss of appetite and fatigue [1]. - However, individual differences in body constitution must be considered, as not everyone may benefit from prolonged contact with cold items like winter melon [1]. Group 3: Future Prospects - The future of natural cooling products appears promising, but challenges such as standardization and durability need to be addressed for long-term industry development [4].