Core Viewpoint - The article emphasizes the importance of maintaining a reasonable proportion of the manufacturing industry in China's economy, highlighting that it is essential for national stability, technological innovation, and employment support [1][2]. Group 1: Manufacturing Industry's Role - Manufacturing is the foundation of the nation and the basis for strength, requiring a dynamic balance for qualitative improvement and reasonable growth [1]. - The manufacturing sector absorbs over 100 million jobs and is crucial for employment stability, serving as a "reservoir" for job opportunities [2]. - In 2024, China's manufacturing value added is projected to reach 33.6 trillion yuan, accounting for 24.9% of GDP, indicating a relatively high global standing despite existing issues of being "large but not strong" [2]. Group 2: Quality and Structure of Manufacturing - The term "reasonable" focuses on "stable quantity and improved quality," suggesting that a slight decrease in quantity can lead to a significant increase in quality, enhancing the sector's contribution to the economy [2]. - The manufacturing industry should not pursue blind expansion but must maintain a baseline scale to prevent hollowing out while optimizing and upgrading its structure towards high-end, intelligent, and green development [2][3]. Group 3: Regional Considerations - The concept of "reasonable proportion" varies by region, necessitating differentiated implementation based on local resources, development stages, and functional positioning [3]. - Eastern coastal regions may focus on knowledge-intensive high-end manufacturing, while central and western regions can leverage industrial transfer and develop specialized industries [3]. Group 4: Innovation and Policy Support - Continuous R&D investment is essential to overcome key technological bottlenecks, such as high-end chips and industrial software, to enhance innovation capabilities [3][4]. - A stable resource allocation mechanism is needed to guide funds, talent, and land towards manufacturing, alongside tax reductions and improved business environments to lower overall costs [4]. Group 5: Market Orientation - The development of the manufacturing sector ultimately relies on market validation, leveraging China's vast market to drive innovation and application [4]. - Expanding openness and integrating deeply into global supply chains will enhance the core competitiveness of the manufacturing industry [4].

Core Viewpoint - The article emphasizes the importance of maintaining a reasonable proportion of the manufacturing industry in China's economy, highlighting the need for a dynamic balance between quality and quantity in alignment with national modernization strategies [1][2]. Group 1: Manufacturing Industry's Role - Manufacturing is fundamental to the nation, serving as a foundation for economic stability and growth, and is crucial for employment, technological innovation, and resilience against international challenges [2][3]. - In 2024, China's manufacturing value added is projected to reach 33.6 trillion yuan, accounting for 24.9% of GDP, indicating a relatively high global standing despite existing issues of being "large but not strong" and "complete but not excellent" [2]. Group 2: Dynamic Adaptation - The proportion of manufacturing is closely linked to the economic development stage, with a need for gradual and controllable adjustments rather than rapid declines, as seen in historical examples of premature deindustrialization in developed countries [1][2]. - The concept of "reasonable" emphasizes stabilizing quantity while enhancing quality, suggesting that a slight reduction in scale could lead to significant improvements in value and contribution to the economy [2]. Group 3: Regional Considerations - The "reasonable proportion" varies by region, necessitating tailored approaches based on local resources, development stages, and functional roles, with eastern coastal areas focusing on high-end manufacturing and central/western regions leveraging unique advantages [3]. Group 4: Innovation and Policy Support - Continuous investment in R&D is essential for overcoming key technological bottlenecks, with a focus on integrating artificial intelligence into manufacturing to enhance productivity [3][4]. - A stable resource allocation mechanism is needed to attract funds, talent, and land to the manufacturing sector, alongside policies that reduce costs and improve the business environment [4]. Group 5: Market Orientation - The development of manufacturing must ultimately be validated by market demand, leveraging China's large market size to drive innovation and application, while also promoting deeper integration into global supply chains [4].

Group 1 - The "Gongmei Cup" Beijing Arts and Crafts Innovation Design Competition was officially launched, aiming to discover outstanding design talents and promote innovation in the industry [1][2] - The competition emphasizes three main characteristics: focusing on modern themes, encouraging cross-industry integration, and strengthening market orientation to facilitate the transformation of excellent works into marketable products [2] - The event aims to enhance the brand influence of the "Gongmei Cup" and promote the widespread dissemination of Beijing's excellent craftsmanship and culture through the appointment of ambassadors [1][2] Group 2 - The competition aligns with the "Beijing Fashion Industry High-Quality Development Implementation Plan (2025-2027)" and is significant for the high-quality development of Beijing's arts and crafts industry [2] - The competition has optimized participation rules to enrich artistic expression and stimulate creative enthusiasm, while also promoting the integration of arts and crafts with technology, fashion, and cultural tourism [2] - The goal is to balance supply and demand in the arts and crafts sector, connecting artistic creation with aesthetic appreciation and cultural consumption [2]

Core Viewpoint - Audi's global CEO announced the withdrawal of the plan to stop producing internal combustion engine vehicles by 2033, indicating a shift towards new generations of internal combustion and plug-in hybrid models, reflecting the deep contradictions faced by traditional luxury car manufacturers in their electrification transition [1] Sales and Profit Pressure - Audi's global sales are projected to decline by 11.8% in 2024, the largest drop among the BBA group, with electric vehicle sales down 8% to 164,000 units, accounting for only 9.81% of total sales [2] - The brand's operating profit is expected to plummet by 45.3% in 2024, with an operating margin falling to a historical low of 4.6% [2] - In China, Audi's sales decreased by 10.9%, losing nearly 80,000 units, and profit contributions fell by 28.8% [2] Market Demand and Profitability Challenges - The strategic adjustment is driven by uneven global electric vehicle market development, with China achieving a 47.6% penetration rate in 2024, while Audi's electric vehicle sales face bottlenecks [3] - In North America, the electrification process is slower, and Europe saw a 5.9% decline in electric vehicle sales in 2024 [3][4] - The cancellation of subsidies in Germany led to a 33% drop in electric vehicle sales, with overall European electric vehicle sales plummeting by 43.9% in 2024 [4] Technical Constraints - Audi's electrification strategy relies on the PPE and SSP platforms, both facing production delays, with the Q6 e-tron delivery pushed back by 18 months due to software issues [5] - The SSP platform is not expected to be operational until 2029, while the optimization of fuel vehicle technology continues to provide a viable alternative [5] Industry Competition and Profit Balancing - Audi faces strong competition from emerging companies like Tesla, which has superior range capabilities compared to Audi's electric models [6] - The high logistics costs and low production efficiency at the Brussels plant, along with high labor costs in Europe, make maintaining traditional manufacturing increasingly uneconomical [7] - Audi's decision to pause its full electrification plan allows it to leverage profits from fuel vehicles to sustain operations and reduce R&D pressure [7] Industry-Wide Strategic Shift - Audi's strategic shift reflects a broader trend among traditional automakers moving from a "technology worship" approach to a "market-oriented" strategy [8] - Major automakers like BMW and Toyota are questioning the absolute necessity of full electrification, indicating a collective conservative shift in the industry [8][9] - This trend suggests that traditional manufacturers are adapting to regional demand differences through differentiated product offerings while maintaining fuel vehicle production as a competitive advantage [8][10]