不仅如此，为了适应当下国内咖啡市场的价格内卷，并满足非一二线市场的扩张需求，今年6月，星巴克进行了入华26年以来最大规模的价格调整——将 星冰乐、冰摇茶、茶拿铁三大王牌品类实施大规模降价，数十款产品平均降幅约5元。 这种从门店覆盖到产品价格全面开花的拓展策略，也给星巴克带来了显著的营收提升。财报数据显示，星巴克中国连续四个季度实现增长，达到8.316亿 美元，同比增长6%。2025全财年收入达到31.05亿美元，同比增长5%。 2025年11月4日，星巴克咖啡公司宣布与博裕投资达成战略合作，双方将成立合资企业，共同运营星巴克在中国市场的零售业务。 根据协议，博裕将持有合资企业至多60%股权，星巴克保留40%股权，并将继续作为星巴克品牌与知识产权的所有者和授权方，向新成立的合资企业进行 授权。基于约40亿美元（不计现金与债务）的企业价值，博裕将获得其相应权益。 星巴克预计其中国零售业务的总价值将超过130亿美元，总价值由三部分构成：向博裕出让合资企业控股权益所得、星巴克在合资企业中保留的权益价 值，以及未来十年或更长时间内持续支付给星巴克的授权经营收益。 据悉，新成立的合资企业将继续以上海为总部，管理并运营目前 ...

Core Insights - The Nobel Prize in Economic Sciences this year highlights the importance of technological innovation in addressing the current economic stagnation globally, emphasizing the need for disruptive technological advancements to overcome development bottlenecks [1] Group 1: Nobel Laureates and Their Contributions - The three economists awarded are Joel Mokyr, Philippe Aghion, and Peter Howitt, with Mokyr receiving half the prize for identifying the prerequisites for sustained growth through technological progress, while Aghion and Howitt share the other half for their theory on creative destruction leading to sustained growth [1] - Mokyr's research focuses on the socio-political structures that influenced the Industrial Revolution, arguing that innovation requires a conducive environment and scientific understanding, which were lacking in certain regions [2] - Aghion and Howitt developed the Aghion-Howitt model, which quantifies the principles of Schumpeter's theory of creative destruction, explaining how innovation drives productivity and replaces outdated technologies [3] Group 2: Key Theoretical Insights - Aghion and Howitt assert that corporate R&D investment is crucial for technological innovation, which in turn propels economic growth, and that new technologies inevitably displace old ones [4] - They also highlight the relationship between market competition and economic growth, establishing a "U-shaped" curve, indicating that both excessive competition and monopolistic practices can hinder growth [4] - Their findings suggest that appropriate economic policies can foster national economic growth and that technological changes can lead to cyclical economic fluctuations [4] Group 3: Implications for Global Economy - The relationship between technological innovation and economic growth is critical, especially as the global economy faces a bottleneck, with a collective hope for a technological revolution to enhance growth potential [5] - The competition between major economies, particularly the U.S. and China, is fundamentally a technological race, with China's advantages stemming from its technological capabilities rather than mere resource availability [5] - The article critiques the approach of using technology as a weapon for monopolistic practices, suggesting that such strategies may ultimately lead to other nations, like China, achieving significant technological advancements [5]