今天分享的是：TP：2026年出海全球展望报告 报告共计：26页 《2026出海全球展望报告》核心内容总结 《2026出海全球展望报告》基于全球数据、专家洞察及一线服务经验，全面剖析了中国企业出海的新阶段特征、核心趋势与关键策略， 展现出"信心充足但高度复杂"的增长图景。 2026年将成为中国企业全球化的重要转折点，出海已从"规模驱动"迈入以精细运营、前瞻战略和可持续增长为核心的新阶段。中国对外 投资持续扩张，资本流向日益多元，从传统制造业与基础设施转向技术、电商、数字服务等领域，地域分布也从欧美延伸至东盟、中东 及拉丁美洲等新兴市场，形成更平衡的全球布局。 报告指出，六大关键力量塑造2026年出海格局。AI已从试点走向企业核心，成为全球客户体验的"核心操作系统"，全球AI核心系统支出 将在2026年突破3000亿美元，中国出海企业的AI部署规模同比增长约40%，其价值在于整合"人、流程与数据"，实现更优质的全球互 动。客户体验成为新的增长货币，体验领先的企业收入增长率是竞争对手的两倍以上，端到端旅程设计、全渠道一体化和本地团队赋能 成为关键策略。合规正演变为竞争优势，"信任设计"嵌入运营体系成为必然选择。深 ...

如果你过去十年用过一次跨境汇款，大概率会对这个过程有清晰的印象：手续费不低、流程复杂、到账很慢。 根据世界银行的数据，传统跨境汇款的平均手续费在 6% 左右，在一些小额或新兴市场通道中甚至更高；到账时间通常需要 2–5 个工作日，在节假日或多层 中转的情况下，拖到一周并不罕见。 而近几年，稳定币正在成为一种"绕开传统体系"的替代方案。用稳定币转账，往往只需要几分钟，手续费可以低到 几美分甚至不到 1 美元。对普通用户来 说，它的体验更像是"发一笔即时到账的国际转账"，而不是"走一套复杂的银行流程"。 这也是为什么在跨境电商、国际自由职业结算、海外务工汇款、甚至企业间小额结算中，稳定币的使用频率正在快速上升。 为什么稳定币在跨境汇款上这么有优势？ 本质原因只有三点： 第一，没有中间银行链条。 传统跨境汇款通常要经过本地银行、清算行、代理行等多层机构，每一层都要时间和费用。稳定币在链上点对点流转，天然绕开了这些中介。 第二，结算是"即时完成"的。 区块链交易一旦确认，就意味着结算完成，不存在"T+2""T+3"的概念。这对资金周转要求高的个人和企业极具吸引力。 第三，技术门槛低、可全球接入。 只要有网络和钱包，就 ...

Core Insights - The automotive finance industry is expected to shift towards quality and efficiency enhancement in 2026, with opportunities focusing on compliance, technology empowerment, and international expansion [1][10] Group 1: Industry Trends - The automotive finance sector is currently experiencing low-level competition, primarily focused on price reduction, leading to unsustainable profits [3] - The overseas market, particularly in new energy vehicles and commercial vehicle exports, is seen as a key direction for breaking through industry challenges [3] - The car mortgage business is anticipated to thrive in 2026 due to increased funding, improved customer acquisition models, and optimized business processes [7] Group 2: Technology and AI Integration - AI is reshaping the automotive finance industry by enhancing efficiency, optimizing service experiences, and expanding business boundaries [4] - The transition from "single-point intelligence" to "global intelligence" in AI applications is crucial for improving overall process efficiency [4] Group 3: Compliance and Regulation - Compliance is fundamental for sustainable growth in the automotive finance sector, especially with the increasing application of AI [9] - Companies that prioritize compliance and consumer rights protection will have a competitive advantage in capturing market opportunities [9][10] - Adhering to local market regulations is essential for building trust in overseas markets, which is a core competitive advantage for financial technology companies [9]

Core Insights - The central theme for corporate management in 2026 is "human efficiency" [2] - A significant shift is occurring where management focus is transitioning from growth to efficiency, driven by investor pressure [3] Group 1: AI Transformation - By 2026, AI will evolve from being a tool to becoming an integral part of the workforce, significantly impacting decision-making processes [4][5] - The adoption rate of generative AI in enterprises surged from 33% to 65% within a year, indicating a rapid integration into various sectors [4] - AI will enhance human capabilities rather than merely replace them, leading to a competitive landscape focused on managing digital employees effectively [5] Group 2: Compliance and Quality Development - Compliance is becoming a critical factor for business survival, shifting from a legal concern to a strategic imperative under national development policies [6] - Companies relying on non-compliant practices for profit are at risk of being phased out as compliance becomes a baseline requirement [6][7] - The focus on compliance will compel businesses to address internal efficiency issues, such as excessive meetings and redundant processes [7] Group 3: From Cost-Cutting to Empowerment - The approach to improving efficiency is shifting from "cost-cutting" to "empowerment," emphasizing the need for a more sophisticated management strategy [9][12] - Empowerment strategies include eliminating inefficiencies, optimizing skill utilization, and fostering a culture of recognition and reward [12][13] - The new paradigm will require viewing employees as investments rather than costs, promoting a culture of achievement over mere monitoring [13] Group 4: Management Evolution - By 2026, AI is expected to lead to the elimination of a significant portion of middle management roles, as organizations flatten their structures [16] - The traditional roles of managers are being challenged by AI's capabilities, necessitating a shift in management focus towards efficiency and value creation [16] - Future managers will need to adapt to new roles as facilitators of human and AI collaboration, emphasizing empowerment and strategic thinking [18] Group 5: Global Operations and Challenges - As Chinese companies expand internationally, the focus will shift to enhancing operational efficiency in global markets [17] - Compliance with local labor laws and cultural expectations will be crucial for success in overseas markets [19] - Companies must build a cohesive global network that respects local differences while maintaining operational efficiency [17][19] Conclusion - The five transformative changes—AI disruption, compliance pressures, management quality enhancement, organizational streamlining, and global operations—collectively redefine human efficiency as a core organizational capability for the future [20]

Core Insights - Binance has achieved a significant milestone by surpassing 300 million users by December 2025, demonstrating rapid growth compared to traditional internet giants like Facebook and Instagram [1][2] - The company has also made strides in regulatory compliance, receiving authorization from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi, which signifies its adherence to high international standards in governance and consumer protection [2][3] User Growth - Binance's user growth trajectory has accelerated dramatically, taking nearly five years to reach its first 100 million users, 26 months to reach 200 million, and only 17 months to reach 300 million [1] - This growth is indicative of a shift in the Web3 landscape, where Binance has established itself as a leader in user acquisition [1][7] Regulatory Compliance - Binance has actively pursued regulatory approvals, including registration with India's Financial Intelligence Unit and obtaining licenses in Kazakhstan and Brazil, marking its 21st global regulatory milestone [4][5] - The company's compliance efforts are aimed at transitioning from a "disruptor" to a "builder," seeking sustainable growth within existing financial and legal frameworks [6] Security and Trust - Binance has built a robust security framework, with its security team helping recover assets for 7.5 million users and preventing nearly $10 billion in potential fraud losses [8][9] - The company has implemented a proof of reserves system and established a user asset protection fund, providing a safety net of up to $1 billion for users [9] Product Ecosystem - Binance has developed a comprehensive product matrix that includes wealth management, payment solutions, and decentralized finance (DeFi) services, creating a "savings-consumption-investment-exploration" closed loop [10][11] - The platform has processed over $230 billion in payment transactions, demonstrating its utility in real-world applications and helping users save approximately $1.75 billion in cross-border fees [10] Investment and Market Position - Binance secured a $2 billion investment from Abu Dhabi's MGX, marking the largest single investment in a crypto company and symbolizing the convergence of traditional finance and Web3 [11][12] - This investment positions Binance as a next-generation global financial infrastructure, reflecting its growing acceptance among institutional investors [11][12]

Core Insights - In 2025, China's foreign trade demonstrates resilience amid complex environments, with a 6.2% year-on-year increase in goods exports in the first ten months, particularly strong growth in emerging markets like ASEAN, the Middle East, and Latin America [1] - Ant International's cross-border payment and account service brand, WorldFirst, reported serving over 1.5 million global enterprise clients and processing nearly $200 billion in transaction volume, reflecting a growth of nearly 100% [1] - The shift in China's foreign trade focus is moving from "scale expansion" to "high-quality outbound" strategies, with cross-border financial services accelerating tailored solutions for enterprises [1][8] Group 1: Business Growth and Services - WorldFirst's transaction volume in emerging markets grew over 300% in the first half of 2025, with services now covering over 220 countries and regions [2] - The introduction of the multi-currency account "World Account" allows enterprises to manage global business efficiently, supporting 32 currencies for wallet balances and 101 currencies for payments [2] - The launch of the "World Card" and wealth management products enhances the one-stop cross-border financial service capability, streamlining the entire process from collection to payment [2] Group 2: Compliance and Localization - WorldFirst emphasizes a "compliance first, localized deep cultivation" service system to address the varying compliance needs of outbound enterprises, having obtained over 60 payment licenses globally [4] - Strategic partnerships with local financial institutions in Southeast Asia, the Middle East, and Africa enhance local service capabilities and support cross-border financial services for SMEs [4] - A solution for Sino-African trade has been launched, supporting local currency collections in 13 African countries, facilitating trade relations [4] Group 3: AI Integration and Risk Management - AI tools are widely applied, with 90% of sellers using AI to control risks and reduce costs, achieving 100% multilingual customer service availability [7] - The self-developed "Eagle Sequence" AI model predicts foreign exchange needs with over 90% accuracy, potentially reducing foreign exchange costs by up to 60% [7] - The SHIELD risk control model monitors transactions in real-time, ensuring payment security and reducing the risk of frozen accounts [7] Group 4: Strategic Shift in Global Operations - The growth of WorldFirst in 2025 reflects a profound shift in the paradigm of Chinese enterprises going global, focusing on efficiency, resilience, and sustainability [8] - The need for systematic, intelligent, and compliant global operational capabilities is emphasized to help enterprises navigate cyclical fluctuations and conduct global business effectively [8]

Group 1 - The core viewpoint of the article highlights the recent management change at Aimeike Technology Development Co., Ltd., with Li Dongmei appointed as the new Deputy General Manager and Board Secretary during a challenging period for the company [2] - Aimeike is facing significant challenges, with a reported revenue of 1.865 billion yuan for the first three quarters of 2025, representing a year-on-year decline of 21.49%, and a net profit of 1.093 billion yuan, down 31.05% year-on-year [3] - The decline in performance is attributed to intensified industry competition, particularly from Huaxi Biological's competing product "Runzhi·Gegge," which is affecting Aimeike's core product "Haitai" [3] Group 2 - Aimeike is embroiled in a dispute over the agency rights of its product AestheFill, which has escalated to a trademark infringement case involving a compensation claim of 1.6 billion yuan [4] - The appointment of a legal professional as a senior executive suggests that Aimeike aims to enhance its compliance, risk management, and arbitration dispute response capabilities [4] - Li Dongmei's nearly twenty years of legal experience is expected to provide professional support to Aimeike in navigating its current challenges [4]

Core Insights - The multilateral digital currency bridge (JISR) project has officially launched, aiming to create an efficient, low-cost, and scalable cross-border payment solution centered around central bank digital currencies (CBDCs) [1][2] - The project is expected to significantly enhance the efficiency of fund transfers and reduce transaction fees by at least 50% compared to traditional cross-border payment methods [2][4] - The implementation of the JISR project is seen as a step towards promoting the international use of the digital renminbi and reducing reliance on the US dollar for cross-border transactions [4][5] Project Overview - The JISR project was initiated in February 2021 by the People's Bank of China, Hong Kong Monetary Authority, Bank of Thailand, and Central Bank of the UAE, with the Saudi Central Bank joining in June 2024 [1] - The platform is built on distributed ledger technology (DLT), allowing multiple central banks to issue their own CBDCs and facilitate their exchange [1][2] Operational Principles - The project adheres to three main principles: non-destructive, compliant, and interoperable, ensuring that CBDCs promote healthy international monetary systems and comply with local regulations [2][3] - The operational process involves four steps: transferring digital dirhams to the JISR platform, initiating cross-border payments, synchronizing foreign exchange settlements, and transferring digital renminbi to the Chinese enterprise [3][4] Future Implications - The JISR project is expected to accelerate the process of cross-border trade and investment currency settlement between China and the UAE, thereby mitigating exchange rate risks for trade enterprises [4][5] - The establishment of the digital renminbi international operation center in Shanghai aims to provide standardized services for cross-border payments and blockchain applications [5][6] Market Reception - The JISR project is gaining traction among enterprises in regions with stringent cross-border fund flow regulations, as it facilitates compliance and operational efficiency [6][7] - There is a growing interest in tokenized cross-border transfer services among Western companies, while Asian enterprises prioritize compliance and regulatory requirements in cross-border trade payments [6][7]

11月25日，由中国上市公司协会（以下简称"中上协"）和国泰海通证券联合主办的"境外上市合规培 训"在深圳腾讯滨海大厦举行。本次活动吸引了近百位来自国内拟上市及已上市公司的代表参与，围绕 企业赴港上市的热点议题展开深度交流，旨在助力企业把握香港资本市场机遇，构建稳健合规体系。 此次培训在中上协理事刘翠兰与腾讯集团副总裁韩开创的开场致辞中拉开帷幕。他们指出，随着中国企 业全球化进程加速，香港作为国际金融中心的地位日益凸显，已成为内地企业"资本出海"的重要平台。 在此背景下，企业亟须提升跨境合规能力，以应对日益复杂的市场环境。 聚焦香港上市实务难点 此外，中上协联系会员灼实咨询合伙人冯彦娇通过多个典型案例系统阐述了如何通过精准行业定位与价 值叙事助力企业实现资本市场突围，获得监管认可和资本信任。国泰海通证券国投行十二部负责人许磊 围绕资本市场最新政策与跨境并购市场动态，就海外并购的合规路径与价值创造进行分享。腾讯集团金 融消费者权益保护部高级经理周祎则介绍了金融消费者权益保护相关业务。 跨界融合 共建合规新生态 在参会企业看来，本次培训不仅是政策与规则的解读，更是一次跨界智慧的碰撞。从法律合规到ESG管 理，从财 ...

Core Viewpoint - The meeting emphasized the importance of cultural construction in enhancing the company's high-quality development and the implementation of the "Five Musts and Five Must Nots" initiative [1][2] Group 1: Cultural Significance - The value of Chinese financial culture is highlighted through five essential requirements: political and people-oriented financial work, quality financial services for the real economy, effective risk prevention and financial system stability, addressing deep-rooted issues in the financial sector, and promoting high-quality financial development [1] - The meeting called for the cultivation of a futures industry culture characterized by compliance, integrity, professionalism, stability, and responsibility, aligning with the cultural philosophy of Zhongtai Securities [1] Group 2: Cultural Construction Approach - Cultural construction is a long-term process that requires continuous accumulation and should not be seen as a mere superficial effort [2] - Culture must be a shared consensus and goal among all employees, necessitating their commitment and effort [2] - The culture should have depth, reflected in attitudes towards people, matters, clients, and shareholders, and must be visibly promoted through branding efforts [2] Group 3: Focus on High-Quality Development - The meeting urged a focus on high-quality development during the critical fourth quarter, emphasizing the need to prioritize cultural construction in overall work strategies [2] - The implementation of the "Five Musts and Five Must Nots" is seen as a way to inject strong momentum into the company's high-quality development [2]