A股全天震荡走强，沪指上涨1.5%再创近十年新高。盘面上，软件概念股持续拉升，同花顺涨超12%， 指南针涨超9%，财富趋势涨超8%。 值得注意的是，Wind数据显示，2025年软件ETF（159852）累计净流入资金近44亿元。 有分析认为，当前，中国软件和信息技术服务业正从规模扩张向高质量发展阶段全面迈进。一方面，国 内产业数字化进入深水区，工业互联网、智慧城市等场景对软件的可靠性、安全性和智能化水平提出更 高要求。另一方面，以生成式人工智能（AIGC）、大模型、云原生及开源协作等为代表的新兴技术快 速迭代，正成为驱动行业转型升级的关键引擎。 此外，在当前全球科技竞争日益激烈的背景下，基础软件的自主可控不仅是国家安全的需求，也是产业 可持续发展的必然选择。未来基础软件企业将面临更高的技术要求和更强的竞争压力，但也意味着更多 的市场机遇。 （文章来源：每日经济新闻） 受盘面影响，跟踪中证软件服务指数的软件ETF（159852）上涨2.46%。 基本面上，工信部发布的2025年1~11月份软件业运行情况显示，2025年前11个月，我国软件和信息技术 服务业运行态势良好，软件业务收入稳健增长，利润总额增势放缓，软 ...

"阿福的问答结果中没有任何广告推荐、不存在商业排名，也不受任何其他商业因素干扰"，针对外界猜 测回答结果中是否会有商业广告，蚂蚁集团的AI健康应用"蚂蚁阿福"日前做出了这样硬气的声明。 不久前，蚂蚁集团宣布旗下AI健康应用AQ升级为"蚂蚁阿福"，并上线健康陪伴、健康问答、健康服务 三大核心功能，将其定位从工具型应用转向"AI健康朋友"。当然，真正让"阿福"进入大众视野的是蚂蚁 集团的"钞能力"，比如知名主持人何炅代言，《长安二十四计》《唐诡奇谭》等爆款剧集，以及户外大 屏、地铁公交上的刷屏让它在线上线下都混了个脸熟。 当AI工具遇上医疗健康，用户要的无疑是信任感，这也是蚂蚁阿福要强调自己将保持中立的原因。从 某种意义上来说，这一声明恰恰是蚂蚁阿福这一连串营销操作中最高明的一手。从"AQ"到"蚂蚁阿 福"，蚂蚁集团试图将冰冷的AI工具转化为温情的健康管家，从而试图在C端打开局面。 如果头疼脑热等小毛病也要上医院，钱包和精神可能都经不起考验，由此"丁香医生"、"好大夫"等数字 医疗产品也就应运而生，并通过连接医生、医院、药企来为用户提供专业服务。事实上，"丁香医 生"、"好大夫"这类产品只是将问诊场景从线下搬到线 ...

天河有望成为全球文娱产业创新策源地 在数字经济浪潮下，2024年中国数字文娱市场规模达1.75万亿元。随着"人工智能+"行动迈向纵深，生 成式人工智能（AIGC）技术迅速发展与迭代，对数字文娱产业发展带来重大影响。 广州市游戏产业服务中心落户天河，数字文化全方位产业扶持政策发布，与多家行业领军企业、国际投 资机构及行业协会合作签约……12月18日，2025年中国数字文娱大会上，广州天河瞄准数字文娱这一赛 道，推出一连串"大动作"。 作为广州市文化强区，天河区文化产业营收规模连续多年稳居市首位，展现出强大的产业竞争力和创新 活力。与会专家指出，天河区是全国唯一形成"研发—创作—发行—变现—衍生"完整产业闭环的核心城 区。随着元宇宙、AIGC等技术的深度应用，天河需强化原创内容生产与头部科技企业联动，未来将有 望成为全球文娱产业创新策源地。 产业闭环完整、龙头带动明显 李智总结，凭借"产业规模领跑+政策集群赋能+国际化突破"的三维优势，天河区稳居文化产业第一梯 队，成为文娱产业发展的"核心引擎"。她指出，天河区也是全国唯一形成"研发—创作—发行—变现— 衍生"完整产业闭环的核心城区。这不仅提升企业效率，更推动文化 ...

Core Viewpoint - Recent data indicates a significant reduction in southbound capital holdings in China Software International (00354.HK), with a total net reduction of 5.698 million shares over the past 20 trading days, suggesting a trend of decreasing investor confidence in the company [1] Group 1: Southbound Capital Activity - Southbound capital reduced holdings by 56,000 shares on December 17 [1] - In the last 5 trading days, there were 4 days of net reductions, totaling 5.298 million shares [1] - Over the past 20 trading days, there were 17 days of net reductions, amounting to 56.92 million shares [1] Group 2: Company Overview - China Software International is a global technology software and IT services investment holding company [1] - The company operates through two main divisions: Technical Professional Services and Internet Information Technology Services [1] - Key business areas include generative artificial intelligence (AIGC) development, large model software and hardware sales, and digital transformation consulting for enterprise resource planning (ERP) [1] Group 3: Major Products and Services - Major products include the "Question Series" solutions, large model application integrated machines, and Lingxi AI application platform [1] - Services are primarily provided to sectors such as water conservancy, transportation, government platforms, military, energy, education, and finance [1] - The company operates in both domestic and international markets [1]

编者按：从生成式人工智能（AIGC）到智能体AI（Agentic AI），AI发展正经历深刻的范式转变。12 月5日晚，中国工程院外籍院士、清华大学讲席教授、智能产业研究院院长张亚勤在"人文清华"讲坛发 表题为《人工智能：无尽的前沿》的演讲。他指出，AI作为核心驱动力，正以前所未有的速度重构生 产力与生产关系，并推动物理世界、数字世界乃至生物世界的深度融合。 中国工程院外籍院士、清华大学讲席教授、智能产业研究院院长张亚勤发表演讲。 图片来源：人文清 华 人工智能（AI）的发展正经历一场深刻的范式转变，其重心已从单纯的技术突破转向产业深度融合与 AI治理协同并进的新阶段。AI作为核心驱动力，正以前所未有的速度重构生产力与生产关系，并推动 物理世界、数字世界乃至生物世界的深度融合。最新发布的《国务院关于深入实施"人工智能+"行动的 意见》就很好地明确了发展路径，涵盖了芯片、基础设施、行业应用、人才培养与国际合作等多个方 面，整体规划非常全面。 智能体互联网（Internet of Agents）是AI的下一站 自从ChatGPT出现以来，人工智能的发展就进入了生成式人工智能的阶段。而现在，我们正迈入"智能 体AI ...

中软国际有限公司是一家提供全球化科技软件与信息技术服务的投资控股公司。该公司通过两大分部运 营：技术专业服务分部和互联网资讯科技服务分部。该公司的主营业务是生成式人工智能（AIGC）研 发，大模型软硬件销售和泛企业资源计划（ERP）模式的数字化转型服务咨询。该公司的主要产品包 括"问系列"解决方案、大模型应用一体机、灵析人工智能应用平台等。该公司主要向水利、交通、政务 平台、军工、能源、教育、金融等领域提供其服务。该公司在国内市场及海外市场开展业务。 证券之星消息，12月3日南向资金减持261.0万股中国软件国际（00354.HK）。近5个交易日中，获南向 资金减持的有5天，累计净减持1765.0万股。近20个交易日中，获南向资金减持的有13天，累计净减持 3952.0万股。截至目前，南向资金持有中国软件国际（00354.HK）8.57亿股，占公司已发行普通股的 31.36%。 | 交易日 | 持股总数(股) | 持股变动(股) | 变动幅度 | | --- | --- | --- | --- | | 2025-12-03 | 8.57亿 | -261.00万 | -0.30% | | 2025-12-02 ...

证券之星消息，12月1日南向资金减持328.4万股中国软件国际（00354.HK）。近5个交易日中，获南向 资金减持的有5天，累计净减持3018.8万股。近20个交易日中，获南向资金减持的有13天，累计净减持 3403.6万股。截至目前，南向资金持有中国软件国际（00354.HK）8.65亿股，占公司已发行普通股的 31.64%。 中软国际有限公司是一家提供全球化科技软件与信息技术服务的投资控股公司。该公司通过两大分部运 营：技术专业服务分部和互联网资讯科技服务分部。该公司的主营业务是生成式人工智能（AIGC）研 发，大模型软硬件销售和泛企业资源计划（ERP）模式的数字化转型服务咨询。该公司的主要产品包 括"问系列"解决方案、大模型应用一体机、灵析人工智能应用平台等。该公司主要向水利、交通、政务 平台、军工、能源、教育、金融等领域提供其服务。该公司在国内市场及海外市场开展业务。 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 | 交易日 | 持股总数(股) | 持股变动(股) | 变动幅度 | | --- | --- | --- | ...

Core Insights - The article discusses the evolving legal landscape surrounding the responsibilities of AI content platforms in relation to copyright infringement, highlighting the need for a balance between protecting creators' rights and encouraging AI innovation [2][10]. Group 1: AI Content Generation and Infringement - AIGC infringement refers to the use of generative AI to create content that infringes on others' intellectual property rights, with two key stages: data training (input) and content generation/distribution (output) [3]. - The legal evaluation of potential infringement risks differs between these two stages, necessitating a clear understanding of the platform's actions in each context [3]. Group 2: Case Studies on AI Platform Responsibilities - The German court case GEMA vs. OpenAI established that unauthorized use of copyrighted lyrics for AI model training constitutes direct infringement, emphasizing that if an AI model can reproduce protected content, it may be deemed as illegal copying [4][5]. - In contrast, the UK case Getty Images vs. Stability AI found that if an AI model does not store or reproduce original images, the training process may not be considered direct infringement, reflecting a more lenient stance towards AI training practices [6]. - In China, the "Medusa" case highlighted that an AI platform can avoid liability if it acts as a neutral intermediary and promptly removes infringing content upon notification, while the "Ultraman" case demonstrated that platforms can be held liable for facilitating infringement if they knowingly allow infringing models to persist [8][9]. Group 3: Future Responsibilities and Challenges for AI Platforms - AI platforms are expected to enhance compliance measures in both input and output stages, ensuring that training data is legally sourced and that content review mechanisms are robust to prevent infringement [11]. - The article suggests that the legal challenges posed by AI-generated content present an opportunity for legal and technological advancement, emphasizing the need for ongoing adaptation to evolving legal standards [11][10].

Core Insights - The China International Import Expo (CIIE) has established an innovation incubation zone since 2021, focusing on creating an open, diverse, and sustainable ecosystem for global startups and talents to access technological innovation resources and collaboration opportunities in the Chinese market [1] Group 1: Innovation Incubation Zone Development - The eighth edition of the innovation incubation zone has achieved significant growth, with over 500 projects showcased and an exhibition area exceeding 5,000 square meters, marking a more than 7-fold increase in project numbers since its inception [1] - The collaboration network within the zone has evolved from "zero breakthrough" to "diverse aggregation," indicating a substantial expansion in partnerships [1] Group 2: Success Stories of Participating Companies - Canadian company Everfount Medical has participated for four consecutive years, developing innovative wearable health products and achieving annual sales exceeding 20 million yuan in China, up from zero [3] - British company Byron Technology has transitioned from laboratory products to finished goods, securing hundreds of thousands of yuan in orders and achieving an average energy savings of 30% for communication base stations [4] Group 3: New Innovations and Products - Canadian startup ClickMagic introduced the ClickCopilot, a home companion robot designed for elderly care, which autonomously moves and monitors users, with plans for international sales priced at $799 [6][9] - Hong Kong-based Ridger showcased the MIMO, the world's first AI-native storage system, capable of handling diverse AI workloads with industry-leading performance metrics [10] Group 4: International Collaboration and Ecosystem Growth - The innovation incubation zone has expanded its partnerships from 3 to over 20, including various international incubators and government innovation centers, creating a diverse ecosystem [12] - This year's zone features enhanced content, including a broader range of partner types and deeper international cooperation, with over 20 events planned for project roadshows and investment meetings [12]

Core Insights - The China International Import Expo (CIIE) has established an Innovation Incubation Zone since 2021, focusing on creating an open, diverse, and sustainable innovation ecosystem for global startups and talents to access technological resources and collaboration opportunities in the Chinese market [1][2]. Group 1: Growth and Development of the Innovation Incubation Zone - The Innovation Incubation Zone has showcased over 1,000 innovative achievements and has become one of the most dynamic segments of the CIIE, with over 500 projects and an exhibition area exceeding 5,000 square meters, marking a more than 7-fold increase in project numbers since its inception [2]. - The collaboration network within the zone has evolved from having only three partners at its inception to over 20 domestic and international innovation cooperation institutions, creating a diverse ecosystem that includes Fortune 500 innovation platforms and government parks [12]. Group 2: Success Stories of Participating Companies - Canadian company Yuyuan Medical has participated for four consecutive years, achieving annual sales exceeding 20 million yuan in China, with products that have received multiple medical certifications and awards for market potential [4]. - British company Byron Technology has reported significant energy savings of approximately 30% for communication base stations using their products, which have transitioned from laboratory to market-ready solutions, generating millions in orders [5]. - The Canadian startup ClickMagic introduced a new family companion robot, ClickCopilot, designed for elderly care, which autonomously moves and monitors users, with plans for international sales priced at $799 [7][9]. Group 3: International Collaboration and Future Prospects - The Innovation Incubation Zone has expanded its international collaboration, with new partners from Singapore and Hong Kong showcasing unique innovation projects, and existing partners increasing their participation [12]. - The zone will host over 20 events, including project roadshows and investment meetings, indicating a robust platform for further investment and collaboration opportunities [12].