7月20日，第三届中国国际供应链促进博览会圆满闭幕。与前两届相比，本届链博会层次更高、人气更 旺、交流更广、成果更实。作为全球首个以供应链为主题的国家级展会，链博会日益成为推动全球产业 链协作与创新的关键平台，也是各国企业在中国探寻合作与发展机遇的重要窗口。 品牌更闪亮 "各国因合作而产业兴，企业因链接而事业旺。"中国贸促会副会长李兴乾表示，链博会创办仅两年多， 但已成为举世瞩目的国际经贸盛会，"链接世界、共创未来"的"链博品牌"越擦越亮。"本届链博会如果 用一个词来概括，就是'兴旺'。" 参展本届链博会的中外企业和机构达1200家。线上线下观众人数超过21万人次，比上届增长5%。组织 参展商和专业观众精准匹配2.4万次，是上届的4倍。参展商首发首展首秀152项新产品新技术新服务， 比上届增长67%，其中链博首发站发布55项。参展商与4.2万家上下游企业建立合作联系。据不完全统 计，现场共签署合作协议、达成合作意向超过6000项。 在全球经济格局深刻调整的背景下，供应链的稳定与韧性成为各国关注的焦点。本届链博会举办期间， 发布了《全球供应链促进报告》及全球供应链指数矩阵。该指数矩阵包含全球供应链促进指数、连接 ...

当曾经的IT国际三巨头在中国的市场日渐收缩——IBM的PC和服务器业务相继易帜联想，惠普也将部 分业务出售给了紫光，唯有戴尔仍保持全业务线存在，在漫长的退潮中留下最后的身影。但这并非荣耀 剧的尾声，而是在时代浪潮下注定上演的转身。不可否认，受复杂的地缘关系和风起云涌的"国产替 代"浪潮冲击，戴尔的核心业务——无论是PC、服务器还是存储，国内市场份额已从傲视群雄的前三甚 至第一，退守至"Others"阵营；精简组织、持续裁员的现实，也为这片曾经的拓荒土地投下长长的暗 影。 笔者作为曾深耕戴尔体系十八载的见证者，愿意在喧嚣的传闻之外，讲述一些更具时间韧性的故事。 纵然业务布局因势而变，戴尔在中国市场锻造并淬炼出的那份独特销售基因与体系精神，早已超越物理 存在的范畴，化作可解析、可借鉴的底层商业逻辑。它不会"离开"，因为这套体系所验证的精密构建之 道，正持续成为销售组织能力升级的重要参考坐标。 将目光拉长至2000年到2025年这整整四分之一世纪，我们会发现一幅更为深邃的画卷。从2000年初戴尔 携直销利刃劈开中国市场，以其近乎偏执的体系化销售作战席卷千亿订单，到如今在不可逆趋势下的战 略调整与坚守，这本身就是一部 ...

Core Insights - The article highlights differentiated growth in specific segments, with semiconductor materials growing at 50%, new energy materials at 52%, and biomedical materials at 87%, while traditional structural materials maintain a stable growth rate of 8-10% [2][10]. - Emerging fields are rapidly rising, such as AI servers with high-frequency materials growing at 60%, new energy vehicles with MLCC demand increasing by 100%, and hydrogen energy with a 60% localization rate for proton exchange membranes [2][10]. - The industry chain is evolving, with semiconductor materials seeing a "wafer factory + material factory" bundling development model, and new energy materials adopting a three-in-one model involving automakers, battery manufacturers, and material suppliers [2][12]. Market Dynamics - Channel transformation is evident, with traditional distribution dropping to 40%, while customized services account for 35%, technology licensing for 15%, and joint research for 10% [3][13]. - Reverse innovation is on the rise, with downstream applications leading material customization, breaking the traditional linear research-production-sales model, and it is expected that by 2030, 30% of new material innovations will be driven by application scenarios [3][20]. - Companies are making strategic choices, with leading firms focusing on "materials + equipment + algorithms" full-stack capabilities, SMEs concentrating on niche technologies, and startups exploring disruptive innovations [3][23]. Technological Advancements - Material genome engineering is revolutionizing the R&D model, while breakthroughs in production processes are reshaping cost curves [4][16]. - Future technological directions include extreme performance breakthroughs, intelligent upgrades, green manufacturing, and cross-industry integration [4][20]. Market Outlook - The market is projected to reach 1 trillion yuan by 2025 and exceed 3 trillion yuan by 2030, maintaining a CAGR of 18%, driven by domestic substitution, technological iteration dividends, and the expansion of emerging applications [4][19]. - Key materials to watch include high-end photoresists, aerospace engine materials, solid-state batteries, high-temperature superconductors, perovskite photovoltaic materials, high-frequency materials, MLCCs, UTG glass, and biodegradable materials [4][10]. Industry Background - The innovative materials sector is a cornerstone for China's manufacturing transformation, with the industry size surpassing 6 trillion yuan in 2024, maintaining a 20% annual growth rate [7][8]. - The industry is characterized by intensive policy support, accelerated technological breakthroughs, and expanded application scenarios, particularly in fields like solid-state battery materials and high-temperature superconductors [8][10]. Competitive Landscape - The industry is witnessing an increase in concentration, characterized by a dual-track model of "national teams leading + specialized private firms" [12]. - The collaborative model in the supply chain is innovating significantly, with semiconductor materials adopting a bundling development model and new energy materials forming a three-in-one R&D approach [12][13]. Policy and Institutional Innovation - National strategic layouts provide strong support, with the Ministry of Industry and Information Technology outlining key development directions for advanced materials [15]. - The establishment of a standard system that aligns with international standards is accelerating, although challenges remain due to new EU regulations [15][16]. Investment Strategy Recommendations - Focus on three major tracks: high certainty in domestic substitution (semiconductor precursors, medical-grade polylactic acid), beneficiaries of technological iteration (solid-state electrolytes, superconducting materials), and platform technology companies (materials AI design software) [24]. - Companies should build long-term agreements for certification and procurement, while material firms need to integrate into automotive battery technology roadmaps [23][24].

Core Viewpoint - Various geoengineering and technological revolutions are ultimately not reliable under the scrutiny of cost accounting [1] Group 1: Climate Change Strategies - According to Nobel laureate William Nordhaus, there are three main strategies to address global climate change: adaptation, geoengineering, and mitigation [2] - Adaptation involves learning to cope with a warming world rather than trying to prevent it, supported by those who oppose high-cost measures [2] - Geoengineering aims to counteract the greenhouse effect by introducing cooling factors, but lacks solid proof and may have dangerous side effects [2] - Mitigation focuses on emission reduction, considered the safest environmental solution but also the most expensive and difficult to implement in the short term [2] Group 2: Solar Radiation Management - A favored geoengineering project is solar radiation management, which aims to reflect sunlight and heat back into space to mitigate warming [3] - The concept is likened to the cooling effect observed after volcanic eruptions, such as the 1991 eruption of Mount Pinatubo, which lowered global temperatures by approximately 0.4°C [3] - Proposals include painting roofs and roads white or launching millions of small reflective particles into the atmosphere to increase planetary albedo [3] - Estimates suggest that reflecting 2% of solar energy could offset warming caused by CO2, with costs for such geoengineering potentially being 1/10 to 1/100 of mitigation measures [3] Group 3: Potential Side Effects of Geoengineering - Nordhaus warns of the potential side effects of geoengineering, noting that current models predict it cannot fully offset the greenhouse effect [4] - Increased atmospheric particles could lead to reduced rainfall and alter monsoon patterns in Asia and Africa [4] - He emphasizes the dual nature of geoengineering, which can be used for both beneficial and malicious purposes, highlighting the risk of "climate warfare" [4] Group 4: Historical Context of Geoengineering - Historical examples of geoengineering concepts, such as the "Sahara Sea Project" proposed in the 19th century, illustrate the long-standing ambition to manipulate climate [5][6] - The project aimed to connect salt lakes with the Mediterranean to create an inland sea, reflecting early concerns about climate change and desertification [6][8] - Although the Sahara Sea Project ultimately failed, it influenced future engineering ideas and highlighted the intersection of technology and colonialism [9] Group 5: Alternative Technological Innovations - Nordhaus points to carbon capture and storage (CCS) as a decentralized technology that could help mitigate climate change without large-scale geoengineering [11] - However, CCS faces challenges such as increased costs and the need for safe storage solutions for captured CO2 [12] - Other innovative ideas, like genetically engineered trees and molecular nanotechnology for solar energy, are discussed but remain uncertain in their feasibility and impact [13] Group 6: Conclusion on Geoengineering - Nordhaus concludes that various geoengineering and technological revolutions are not reliable solutions and should be viewed as emergency measures rather than primary strategies [14] - Effective management of emissions and international cooperation remain the main insurance against climate change [14]

Industry Overview - Vaccines are essential biological products for preventing and controlling infectious diseases, representing a core defense in public health systems [1][5] - The Chinese vaccine industry is experiencing rapid growth, with the market size projected to increase from 306.22 billion yuan in 2015 to 1,762.19 billion yuan in 2024, and expected to exceed 300 billion yuan by 2031 [1][5] Industry Chain - The upstream of the vaccine industry includes raw material supply, such as microcarriers, human serum albumin, and packaging materials [3] - The midstream involves vaccine research and production, with key players including Sinopharm, Sinovac, CanSino, Zhifei, and Watson [3] - The downstream consists of vaccine distribution and consumption, reaching end consumers through health service centers and medical institutions [3] Current Industry Status - As of December 31, 2024, 47 companies in China have received vaccine batch approvals, totaling 543 million doses, with a decrease of 5.6% compared to 2023 [7] - The most approved vaccines in 2024 were influenza and rabies vaccines, each exceeding 80 million doses, accounting for 30% of total approvals [9] Market Competition - The Chinese vaccine market is characterized by a diverse competitive landscape, with local companies like Sinopharm and Zhifei rising against foreign giants like Merck and Pfizer [11] - Zhifei has achieved significant growth in international markets, with a 300% increase in exports of its WHO-precertified 23-valent pneumococcal polysaccharide vaccine [11] - Innovative companies like CanSino and Watson are making breakthroughs in mRNA and recombinant protein vaccines, enhancing their market presence [11][12] Future Trends - Technological innovation is driving the vaccine industry forward, with new platforms like mRNA and gene-engineered vaccines emerging [17] - The adult vaccine market is growing, with a 45% increase in HPV vaccine uptake in 2024, indicating a shift in public health awareness [18] - Chinese vaccine companies are expanding internationally, with over 2.5 billion doses of COVID-19 vaccines supplied abroad, focusing on markets in Africa and Southeast Asia [19]