展望前路，数字消费的画卷仍在前沿无限延伸。当技术的温度与生活的需求持续共振，如量化派这些专注于提升体验、创造价值的参与者，终将在澎湃的浪 潮中，成为照亮美好生活图景的点点星光。 作为专注于中国消费领域的线上市场运营商，量化派秉承"数字驱动世界，智能点亮生活" 的使命，依托自主研发的AI技术平台，为消费者与合作伙伴提供 智能化、精准的消费体验。量化派通过多元消费场景的数字化运营，在智能推荐、精准分发和用户运营方面具备核心优势，为合作伙伴提供从流量获取到客 户管理的全链路支持。凭借领先的技术实力、模块化运营能力和专业团队，持续助力消费产业数字化发展，为行业的可持续增长注入长期动力。 随着数字技术与新型消费场景的深度融合，线上消费与新型消费发展态势向好，行业前景愈发广阔。多年来，量化派深耕电商、汽车零售O2O等高频消费场 景，逐步构建起"用户—商品/服务—消费场景"的高效整合能力。通过在消费市场的持续探索，公司不仅积累了丰富的行业经验与数据资源，也建立了庞大 的客户基础。截至2025年5月31日，量化派已通过其线上市场吸引超过6030万注册终端客户，为业务伙伴持续创造增长与协同效应。 数字经济的脉动，正悄然重塑着我 ...

前10月 000 电商发展"成绩单"出炉 智能产品等增长亮眼 商务部消息 2025年1-10月,我国电子商务在提振消费 惠民生、促进现代产业体系建设、扩大高水 平对外开放等方面发挥积极作用,不断释放 商务发展新动能。 数字消费助力扩内需惠民生 O 数字消费、品质电商以新供给创造新需求, 不断激发消费潜力 -- 1-10月 同比增长 全国网上零售额 9.6% 1 Al眼镜、智能手表等 增长 智能穿戴网零额 23.1% I 增长 网络服务消费 21% 其中 线上购券-线下体验的 即时电商 到店餐饮 销售额增长 增长 25.1% T 24.3%- 产业电商助力数智化转型 C 惠企对接提升中小企业数字化转型和柔性制 造能力,主要电商平台开展产业电商对接超 400场,带动: 纺织领域产业电商 药品领域产业电商 交易额增长 交易额增长 5.5% I 3.4% 山东"数商兴农"活动,联动山西 甘肃、江西等地,推动电商赋能 特色农产品销售 .. 1-10月 农产品网络 农村网络 零售额增长 零售额增长 9.5%1 7.5% "丝路电商"助力共享中国大市场】 O 打造高质量共建"一带一路"新实践,"丝 路电商"合作先行区建设形 ...

"丝路电商"助力共享中国大市场） O 打造高质量共建"一带一路"新实践,"丝 路电商"合作先行区建设形成12个创新实 践案例并在全国复制推广 "丝路电商惠全球"36场活动推动中国大 市场成为全球大机遇 1-10月 销售额增长 重点监测平台进口商品 8.9% 前10月 电商发展"成绩单"出炉 智能产品等增长亮眼 商务部消息 2025年1-10月,我国电子商务在提振消费 惠民生、促进现代产业体系建设、扩大高水 平对外开放等方面发挥积极作用，不断释放 商务发展新动能。 数字消费助力扩内需惠民生 数字消费、品质电商以新供给创造新需求, 不断激发消费潜力 1-10月 同比增长 全国网上零售额 9.6% AI眼镜、智能手表等 增长 智能穿戴网零额 23.1% 增长 网络服务消费 21% 其中 线上购券-线下体验的 即时电商 到店餐饮 销售额增长 增长 25.1% = 24.3% = 产业电商助力数智化转型 惠企对接提升中小企业数字化转型和柔性制 造能力,主要电商平台开展产业电商对接超 400场，带动: 纺织领域产业电商 药品领域产业电商 交易额增长 交易额增长 5.5%T 3.4% 山东"数商兴农"活动,联动山西 甘肃、 ...

"我们注意到，通知印发后，社会各界普遍认可、积极评价，认为体现了二手车出口'强规范、重质 量、优服务'的可持续发展理念，有利于提升行业整体发展水平和国际竞争力。"何咏前说，下一步，商 务部将会同相关部门，指导各地抓好政策落实，推动二手车出口由"规模增长"迈向"价值增长"，为全球 消费者提供更丰富多元的产品选择。 新华社北京11月21日电 《中国证券报》21日刊发文章《商务部：促进二手车出口由规模增长迈向 价值增长》。文章称，11月20日，商务部新闻发言人何咏前在商务部召开的例行新闻发布会上表示，商 务部将推动二手车出口由规模增长迈向价值增长，为全球消费者提供更丰富多元的产品选择。 同日，商务部公布的2025年1至10月我国电子商务发展情况相关数据显示，我国电子商务在提振消 费惠民生、促进现代产业体系建设、扩大高水平对外开放等方面发挥积极作用，不断释放商务发展新动 能。 严控新车以二手车名义出口 何咏前说，商务部近日会同公安部、工业和信息化部、海关总署印发《关于进一步加强二手车出口 管理工作的通知》，这是在现行管理制度的基础上，结合当前行业高质量发展需要，开展的政策细化。 通知从严格出口管理、加强合规审查、推动 ...

Core Insights - The overall retail sales of consumer goods in China increased by 4.3% from January to October, with online retail sales growing by 9.6% during the same period, indicating a stable growth trend in the consumer market [1][2] Group 1: Consumer Market Performance - From January to October, the total retail sales of consumer goods reached 41.2 trillion yuan, with a monthly total of 4.63 trillion yuan in October, reflecting a year-on-year growth of 2.9% driven by the National Day and Mid-Autumn Festival [2] - The retail sales of goods grew by 2.8% in October, with significant increases in categories such as communication equipment (23.2%), cultural and office supplies (13.5%), and furniture (9.6%) [3] - Basic living goods saw rapid growth, with retail sales of grain and oil increasing by 9.1% and clothing and footwear by 6.3% [3] Group 2: Service Consumption - Service retail sales increased by 5.3% from January to October, outpacing goods retail sales by 0.9 percentage points, with notable growth in dining, accommodation, and transportation services due to increased travel during the holidays [3] - In October, dining revenue grew by 3.8%, a significant acceleration from September, while inbound tourism saw 751,000 foreign visitors during the holiday, marking a 19.8% increase [3] Group 3: E-commerce Development - E-commerce in China has played a vital role in boosting consumption and modernizing the industrial system, with online retail sales growing by 9.6% from January to October [4] - Smart products and online services showed remarkable growth, with sales of AI glasses and smartwatches increasing by 23.1% and online service consumption rising by 21% [4] - The agricultural sector also benefited, with online retail sales of agricultural products growing by 9.5% and rural e-commerce sales by 7.5% [4] Group 4: New Consumption Trends - New consumption models are emerging, with sales of smart health devices increasing by over 20% and sales of new energy passenger vehicles rising by 7.3% in October [7] - Rural consumption is outpacing urban areas, with rural retail sales growing by 4.1% in October, indicating a vibrant market in lower-tier cities [7] - The government plans to continue initiatives to stimulate consumption and promote new business models to ensure stable market growth [7]

今年1—10月，全国社会消费品零售总额增长4.3%，增速比去年同期高0.8个百分点，全国网上零售 额同比增长9.6%；10月份，国庆中秋假期带动社会消费品零售总额同比增长2.9%……近日，商务部有 关司局负责人在解读10月份消费市场及电子商务发展情况时表示，中国消费市场保持平稳增长态势，消 费潜力持续释放。 消费市场运行总体稳定 中国消费市场总体情况如何？ 数字消费、品质电商以新供给创造新需求，不断激发消费潜力。今年1—10月，全国网上零售额同 比增长9.6%，智能产品、网络服务、即时电商增长亮眼。"据商务大数据监测，AI眼镜、智能手表等智 能穿戴网零额增长23.1%，网络服务消费增长21%，其中线上购券线下体验的到店餐饮增长25.1%，即时 电商便利消费需求，销售额增长24.3%。"该负责人说。 今年以来，产业电商持续助力企业数智化转型。"惠企对接提升了中小企业的数字化转型和柔性制 造能力，主要电商平台开展产业电商对接超400场，带动重点监测的纺织、药品等领域产业电商交易额 增长5.5%、3.4%。"商务部电子商务司负责人介绍，商务部在山东举行"数商兴农"活动，联动山西、甘 肃、江西等地，推动电商赋能特色农 ...

Group 1: Japan's Economic Stimulus Plan - Japan is planning a significant economic stimulus package worth 21.3 trillion yen (approximately 961 billion RMB) to help households cope with ongoing inflation, marking the largest stimulus since the pandemic [2][3] - The plan includes 17.7 trillion yen in general spending and 2.7 trillion yen in tax cuts, exceeding last year's 13.9 trillion yen [2] - The total impact, including private sector funding, could reach 42.8 trillion yen, reflecting Prime Minister Kishi's expansionary fiscal and monetary policy stance [2] Group 2: AI Development Initiatives in the U.S. - Former President Trump plans to launch the "Genesis Mission," aimed at enhancing the U.S. artificial intelligence capabilities, which is considered a strategic priority akin to the Manhattan Project [4] - The initiative may involve increased research efforts in national laboratories and promote public-private partnerships, with a focus on establishing a unified AI regulatory framework [4] - The "Genesis Mission" follows previous challenges faced by the "Stargate" initiative, indicating a shift towards more government involvement in AI development [4] Group 3: Labor Insurance Regulations in China - The Ministry of Human Resources and Social Security has released guidelines clarifying the recognition of work-related injuries, including cases of medical malpractice and injuries during remote work [5][6] - The new standards aim to broaden the scope of work injury insurance, reflecting the evolving nature of work environments, such as remote work [5][6] - The adjustments highlight a commitment to ensuring that new employment forms, like gig economy workers, receive adequate protection [6] Group 4: E-commerce Growth in China - China's online retail sales increased by 9.6% year-on-year in the first ten months of the year, with significant growth in smart products and digital services [7] - The government has issued guidelines to boost digital consumption, emphasizing the development of AI hardware and software innovations [7] - Despite the growth in online retail, the overall consumer market remains under pressure, with mixed results from major promotional events like "Double 11" [8] Group 5: Nvidia's Financial Performance - Nvidia reported a 62% year-on-year revenue increase to $57.006 billion for the third quarter of fiscal 2026, surpassing market expectations [9] - The company anticipates fourth-quarter sales to reach approximately $65 billion, indicating strong demand for AI chips and cloud GPU products [9] - CEO Jensen Huang expressed optimism about the AI industry's growth, dismissing concerns about an AI bubble, and highlighted the ongoing demand for their Blackwell chips [9][10] Group 6: Kuaishou's Financial Results - Kuaishou's Q3 revenue grew by 14.2% year-on-year to 35.6 billion RMB, with adjusted net profit increasing by 26.3% to 5 billion RMB [11] - The e-commerce segment saw a GMV increase of 15.2% to 385 billion RMB, driven by growth in AI-related services [11][12] - Despite a slowdown in live-streaming revenue, Kuaishou's advancements in AI technology position it well for future growth in the content ecosystem [12] Group 7: Securities Industry Consolidation - China International Capital Corporation (CICC) is set to merge with Dongxing Securities and Xinda Securities, creating a significant player in the securities industry with a capital scale exceeding 170 billion RMB [13] - This merger represents a new model for integrating smaller securities firms into larger entities, enhancing service capabilities across the industry [13] - If successful, CICC's market value could significantly increase, positioning it among the top securities firms in China [13] Group 8: Market Trends and Investor Sentiment - The Chinese stock market experienced fluctuations, with the Shanghai Composite Index falling by 0.4% amid mixed investor sentiment [14] - Despite Nvidia's strong earnings report, the A-share market showed limited positive impact, with various sectors experiencing declines [14][15] - Investor concerns about potential interest rate changes by the Federal Reserve have led to a cautious market outlook, with heightened sensitivity to negative news [15]

同日，商务部公布的2025年1至10月我国电子商务发展情况相关数据显示，我国电子商务在提振消费惠 民生、促进现代产业体系建设、扩大高水平对外开放等方面发挥积极作用，不断释放商务发展新动能。 严控新车以二手车名义出口 何咏前说，商务部近日会同公安部、工业和信息化部、海关总署印发《关于进一步加强二手车出口管理 工作的通知》，这是在现行管理制度的基础上，结合当前行业高质量发展需要，开展的政策细化。 通知从严格出口管理、加强合规审查、推动出口健康持续发展等方面提出六条具体措施，通过严控新车 以二手车名义出口，建立企业动态管理及退出机制，制定二手车出口不诚信行为负面清单，进一步规范 企业经营行为，（下转A02版） （上接A01版）引导行业不断提升综合服务水平，完善出口配套体系，实现二手车与新车出口分类管 理、优势互补、协同发展。 11月20日，商务部新闻发言人何咏前在商务部召开的例行新闻发布会上表示，商务部将推动二手车出口 由规模增长迈向价值增长，为全球消费者提供更丰富多元的产品选择。 "我们注意到，通知印发后，社会各界普遍认可、积极评价，认为体现了二手车出口'强规范、重质量、 优服务'的可持续发展理念，有利于提升行业 ...

观察近期消费市场，一系列结构性变化正在显现。今年1月份至10月份，实物商品网上零售额占社会消 费品零售总额的比重达到25.2%，这意味着每成功4笔实物商品交易就有1笔通过线上完成的。同时，高 能效等级家电、新能源汽车零售额保持较快增长，居民旅游出行、文化体育等消费持续增加。这些数据 勾勒出当前消费市场的重要特征：数字消费、绿色消费、健康消费等新型消费快速发展，服务消费持续 壮大，新业态、新模式、新场景正在重塑消费生态。 拓展新的消费增量，关键在于提升供需适配性。来自需求侧的变化，要求供给体系必须作出更加灵敏、 精准的回应。如果供给创新滞后于需求升级，消费潜力就难以充分释放；如果供给质量不能满足消费期 待，市场活力就会受到抑制。因此，提升供需适配性不仅是激活消费潜力的有效举措，更是畅通经济循 环的关键环节。 当前，我国消费市场正处于转型升级的关键时期。近期召开的国务院常务会议明确提出，"要加快新技 术新模式创新应用，强化人工智能融合赋能，聚焦重点行业、重点领域开发新产品和增值服务，持续拓 展新的消费增量"，为新形势下推动消费提质扩容、激活内需潜力指明了方向。 统筹好培育新增长点与巩固基本盘的关系。拓展增量不能以 ...

11月20日，商务部新闻发言人何咏前在商务部召开的例行新闻发布会上表示，商务部将推动二手车出口 由规模增长迈向价值增长，为全球消费者提供更丰富多元的产品选择。 同日，商务部公布的2025年1至10月我国电子商务发展情况相关数据显示，我国电子商务在提振消费惠 民生、促进现代产业体系建设、扩大高水平对外开放等方面发挥积极作用，不断释放商务发展新动能。 数字消费助力扩内需惠民生 对于前10月我国电子商务发展情况，商务部电子商务司负责人介绍，数字消费、品质电商以新供给创造 新需求，不断激发消费潜力。据国家统计局数据，1至10月全国网上零售额同比增长9.6%。智能产品、 网络服务、即时电商增长亮眼，据商务大数据监测，AI眼镜、智能手表等智能穿戴网上零售额增长 23.1%，网络服务消费增长21%，其中线上购券-线下体验的到店餐饮增长25.1%，即时电商便利消费需 求，销售额增长24.3%。 产业电商助力数智化转型。惠企对接提升中小企业数字化转型和柔性制造能力，主要电商平台开展产业 电商对接超400场，带动重点监测的纺织、药品等领域产业电商交易额增长5.5%、3.4%。在山东举 行"数商兴农"活动，联动山西、甘肃、江西等地 ...