二、劳动力结构的重塑：替代与共生并存 机器人对未来的最直接影响，莫过于对全球劳动力结构的深度重构。 站在2026年的门槛上回望，机器人技术已不再是科幻电影中的遥远想象，而是深刻重塑人类社会面貌的 核心力量。从2024年全球市场规模突破680亿美元，到2025年以18.5%的年复合增长率飙升至805亿美 元，再到2026年春晚舞台上机器人不仅能扭秧歌，更能完成武术空翻、精细分拣玻璃碎片等复杂任务， 机器人的进化速度令人咋舌。未来，机器人将如何进一步影响我们的生活、工作乃至人类文明的进程？ 这已成为全球关注的焦点。 一、从"工具"到"伙伴"：具身智能的崛起 过去，机器人更多是执行预设程序的自动化"工具"。然而，随着具身智能（Embodied AI）技术的爆发 式突破，机器人正经历从"能动"到"会做"、从"执行者"到"合作伙伴"的质变。 2025年世界机器人大会发布的《具身智能机器人十大发展趋势》明确指出，未来的机器人将深度融合人 工智能大模型、物联网与数字孪生技术。它们不再依赖僵硬的代码指令，而是具备了自然语言交互与复 杂任务推理能力。例如，百度"文心一言"赋能的服务机器人，其多轮对话意图理解准确率已达92%，能 ...

中科院院士王建安：让脑机接口技术从实验室走向病房 中新社杭州2月25日电 (张煜欢)"当前，脑机接口正处于技术爆发期，包括中国在内的多个国家和地区在 加速布局，抢占全球脑科学战略高地。脑机接口的成果转化和广泛应用，离不开相关医疗器械产业的高 质量发展，各方都应前瞻布局、系统突破。" 全国政协委员、中国科学院院士、浙江大学医学院附属第二医院(下称浙大二院)院长王建安近期受访时 如是说。 高位截瘫的患者，通过"意念"控制，能喝水进食、写下汉字；下肢瘫痪的患者，能够重新站立、行 走……听起来像是科幻电影场景，正随着脑机接口技术发展一步步照进现实。 王建安深知，这项"读懂大脑"的前沿技术，正处于从实验室走向病房的爆发前夜，机遇与挑战并存。 赛迪顾问去年发布的"中国脑机接口产业发展现状及趋势"显示，2024年中国市场规模为32亿元(人民 币，下同)，预计2027年将达55.8亿元。 一系列临床突破接连落地。王建安介绍，以其所在的浙大二院为例，2012年就联合浙江大学推进脑机接 口植入技术，并于两年后实现意念控制机械手完成高难度猜拳动作。2025年初，该院为一名截瘫患者施 行闭环脊髓神经接口植入术，术后患者实现拄拐自主行 ...

Summary of Conference Call Records Industry Overview: Gaming Industry Key Companies and Highlights - **Century Huatong**: Achieved notable rankings in the global mobile game export list for January, with "Whiteout Survival" at second, "Kingshot" at third, "TTM" at tenth, and "Truck Star" at twenty-ninth. The company has a high overseas game revenue share, with new games "TTM" and "Truck Star" showing significant growth in December and January [1][2] - **Giant Network**: The game "Supernatural Action Group" is expected to innovate during the Spring Festival, with a daily active user (DAU) surpassing 100 million by January 31. The new game "Famous Generals Kill" was launched on December 19 [2] - **37 Interactive Entertainment**: The mini-program game "Survival for 33 Days" has consistently ranked in the top five, with the RO in Hong Kong and Macau launched on January 15. The company has a rich pipeline of new products [2] - **Kongzhong Network**: The "Legend Box" is expected to create platform growth, and the AI companion application "EVE" is scheduled for launch on March 14 [2] - **G-bits**: Launched a new Three Kingdoms-themed SLG game "Nine Muwu" on December 18 [2] - **Perfect World**: The key game "Yihuan" has completed its third test with high ratings on Bilibili and Taptap [2] - **Xindong Company**: Launched "Xindong Town" overseas on January 8 and "Diver Dave" on February 6 [2] Market Opportunities - **Overseas Expansion and Female Market Growth**: The Chinese market is projected to generate sales revenue of 168 billion yuan in the first half of 2025, a year-on-year increase of 14.08%, with a user base of 679 million, up 0.72% year-on-year [2] - **Global Market Trends**: The mobile gaming market is shifting from user growth to consumption power enhancement, with projected revenues of $81.7 billion in 2024, reaching a three-year high. Chinese self-developed games are expected to generate $9.5 billion in overseas revenue in the first half of 2025, an 11% year-on-year increase [3] - **Female-oriented Games**: The market size for female-oriented games is expected to reach 8 billion yuan in 2024, with a growth rate of 124.1%, significantly outpacing the overall market [3] Policy and Technological Impact - **Regulatory Environment**: By 2025, the issuance of domestic game licenses is expected to exceed 140 per month, with a shift towards industry support and encouragement for game exports and gaming as a new consumption driver [3] - **AI and Technology Integration**: The application of AI in gaming has progressed significantly since 2023, enhancing product development and advertising efficiency. Emotional companion games are highlighted as a promising direction for AI gaming, with a focus on "EVE" from Kongzhong Network [3][4] - **Investment in Emerging Technologies**: Companies like 37 Interactive Entertainment and Century Huatong are investing in brain-machine interface technologies, while Giant Network collaborates with Volcano Engine on AI NPCs [4]

Summary of Conference Call Records Industry Overview - The conference call focuses on the gaming industry, highlighting the impact of AI and new technologies on industry development and the anticipation of upcoming annual and quarterly reports [1][2]. Key Companies and Highlights - **Century Huatong**: Achieved notable rankings in the global mobile game export list for January, with "Whiteout Survival" at second, "Kingshot" at third, "TTM" at tenth, and "Truck Star" at twenty-ninth. The company has a high overseas game revenue share, with new games "TTM" and "Truck Star" showing significant growth in December and January [1]. - **Giant Network**: The game "Evergreen" is expected to innovate during the Spring Festival, having launched in Hong Kong and Macau on November 27. As of January 31, the daily active users (DAU) surpassed 100 million, with upcoming Valentine's Day and Spring Festival events anticipated [1]. - **37 Interactive Entertainment**: The mini-program game "Find the Book" has consistently ranked in the top five, with a launch in Hong Kong and Macau on January 15. The company has a rich pipeline of new products [1]. - **Kying Network**: The "Legend Box" is expected to create platform growth, with the AI companion application "Find the Book" scheduled for release on March 14 [1]. - **G-bits**: Launched a new Three Kingdoms-themed SLG game "Find the Book" on December 18 [1]. - **Perfect World**: The key game "Find the Book" has completed its third testing phase, receiving high ratings on Bilibili and Taptap [1]. - **Xindong Company**: Launched "Find the Book" overseas on January 8, with another release planned for February 6 [1]. Market Opportunities - The overseas market and the female gaming segment present significant opportunities for the industry. In the Chinese market, sales revenue is projected to reach 168 billion yuan in the first half of 2025, a year-on-year increase of 14.08%, with a user base of 679 million, up 0.72% year-on-year [2]. - The global mobile gaming market is shifting from user growth to consumption power enhancement, with expected revenue of $81.7 billion in 2024, reaching a three-year high. Chinese self-developed games are projected to generate $9.5 billion in overseas revenue in the first half of 2025, a year-on-year increase of 11% [2]. - The market for female-oriented games is expected to reach 8 billion yuan in 2024, with a growth rate of 124.1%, significantly outpacing the overall market [2]. - Policy changes are supporting the industry, with over 140 domestic game licenses expected to be issued monthly by 2025, promoting game exports and positioning gaming as a new consumer driver [2]. Technological Impact - The application of AI and other technologies in the gaming industry is showing promising results. Since 2023, AI has been integrated into game production and advertising, leading to significant cost reductions and efficiency improvements, particularly in art production [3]. - Emotional companion games are identified as a key area for AI application in the short term, with Kying Network's product "Find the Book" set for public testing on March 14 [3]. - Other technological advancements, such as brain-machine interface technology, are seen as potential commercial applications for the gaming sector, with companies like 37 Interactive Entertainment investing $20 million in related technologies [3]. - Marketing strategies like GEO marketing are expected to influence game distribution, with 37 Interactive Entertainment investing in leading domestic tech companies [3]. - Giant Network is collaborating with Volcano Engine on AI NPCs [3].

业务进展情况 介入式脑机接口项目已完成技术验证，预计2026年启动首例人体临床试验，2028年提交注册申请，为神 经调控领域创新突破奠定基础。 经济观察网 心玮医疗-B（06609.HK）公布了2026年的经营目标及多项核心业务进展。 公司业绩目标 公司于2026年2月7日公布2026年经营目标，计划全年营收不低于5.4亿元、利润不低于1亿元，凸显对业 绩增长的信心。 产品研发进展 自主研发的自膨式颅内药物洗脱支架注册申请已于2026年1月获国家药监局受理，预计2026年底完成取 证，有望成为全球首款同类产品。同时，弹簧圈等产品预计2026年第一季度获得海外市场认证，加速国 际化布局。 战略推进 公司计划以2025年财务数据于2026年申报科创板上市，目前已进入上市辅导阶段，若成功落地将提升资 本平台流动性。 以上内容基于公开资料整理，不构成投资建议。 ...

Policy Developments - The National Health Commission announced the initiation of HPV vaccination for eligible girls starting in late February, aiming to provide free vaccination services to prevent high-risk HPV infections and reduce cervical cancer incidence [2]. Drug and Device Approvals - Fosun Pharma's subsidiary received approval for clinical trials of HLX15-SC, a monoclonal antibody for multiple myeloma treatment, with a cumulative R&D investment of approximately RMB 191.53 million expected by January 2026 [4]. - Hanyu Pharmaceutical received FDA approval for its acetate glatiramer injection, which treats relapsing multiple sclerosis, enhancing its product pipeline in the U.S. market [5]. Capital Markets - Guangji Pharmaceutical plans to raise up to RMB 600 million through a private placement of shares to repay loans and supplement working capital, pending necessary approvals [7]. - Bonasia and Zhejiang Jingxin Pharmaceutical submitted applications for listing on the Hong Kong Stock Exchange, with respective sponsors [8][9]. Clinical Innovations - A successful brain-machine interface surgery was performed in Guangxi, marking a significant advancement in clinical applications of this technology, with the market projected to reach RMB 3.2 billion by 2024, growing at 18.8% [10]. Research Developments - Researchers from the Wuhan Institute of Virology reported that the oral nucleoside prodrug VV261 effectively inhibits Chikungunya virus replication, supporting its potential new indications [11]. - Northwestern University scientists developed an advanced human spinal cord injury organoid model, providing a platform for testing new regenerative therapies [12]. Public Sentiment Alerts - McAudie announced a lawsuit against Shenyang Sixth People's Hospital over a contract dispute involving over RMB 319.82 million, with the case currently accepted by the court [14]. - The National Medical Insurance Administration listed 153 companies as "discredited," which may face restrictions on their products and services based on their credit ratings [15].

经济观察报记者刘晓诺 多动症干预领域，迎来了脑机接口的新方案。 近日，强脑科技发布了缺陷与多动障碍(ADHD)干预产品"专注欣"医疗版，这是一款脑机接口产品，包 括软件和硬件，均已获得二类医疗器械注册证。 其中，注意缺陷与多动障碍康复训练软件适用于6—12岁的ADHD儿童的康复辅助训练，医疗机构、康 复机构或家庭环境中均可使用。而搭载软件的硬件是一款前额叶单通道脑电采集器，采取非侵入式脑机 接口设计，比传统脑电设备更加轻便、易于佩戴，可更快速、更便捷地完成脑电采集与训练。 据强脑科技介绍，专注欣是一种安全、无创、无药的治疗方案。其技术原理是神经反馈训练，即利用大 脑神经元的可塑性，通过一定的训练手段(如奖励、强化机制)，帮助受训练者学会对目标脑神经活动的 自主调节和改善，达成修复或提升脑功能的目的。 专注欣包括用户信息模块、注意力训练模块、训练报告模块3个核心模块。软件里设置了各种有趣画 面，让孩子在高度训练的背景下来完成操作任务。游戏化的设计让孩子感到有趣，容易坚持。 基于严格诊断标准和三组对照研究结果，金星明认为，脑机接口与药物联合应用在症状改善和功能恢复 方面效果显著，且脑机接口技术对6—7岁低龄儿童表 ...

Core Insights - China's technological innovation has made significant strides in 2025, with numerous breakthroughs across various fields, indicating a robust growth trajectory in the tech sector [1][2][3][4][6][7]. Group 1: Major Technological Achievements - The Jiangmen Neutrino Experiment achieved a measurement precision improvement of 1.5 to 1.8 times over the previous international standard, marking a significant milestone in neutrino research [1]. - The "artificial sun" nuclear fusion experiment in Anhui set a world record by maintaining a temperature of 100 million degrees Celsius for 1066 seconds, representing a major leap from basic science to engineering practice in fusion energy [2]. - The construction of "Zuchongzhi No. 3" by the University of Science and Technology of China achieved a speed of solving quantum random circuit sampling problems that is 10 trillion times faster than the current fastest supercomputer [2]. Group 2: Industry Growth Metrics - In 2025, the manufacturing value added of intelligent unmanned aerial vehicles and intelligent vehicle-mounted equipment grew by 57% and 26.2%, respectively, while integrated circuit manufacturing and optoelectronic device manufacturing increased by 26.7% and 18.8% [4]. - By the end of 2025, the number of valid invention patents in China reached 5.32 million, with a per capita high-value invention patent ownership of 16, exceeding the target set in the "14th Five-Year Plan" for intellectual property [4]. Group 3: Global Recognition and Innovation Capacity - China ranked among the top ten in the global innovation index for the first time, with the highest number of top 100 innovation clusters for three consecutive years [7]. - In 2025, total R&D expenditure reached 39,262 billion yuan, maintaining China's position as the second-largest R&D investor globally, reflecting a significant increase from 10 trillion yuan in 2012 [6].

Core Insights - A research team led by Fang Ying from Beijing Brain Science and Brain-like Research Institute has developed a new type of high-throughput, stretchable flexible electrode that addresses the challenges of traditional flexible electrodes in brain-machine interface (BMI) technology, particularly in dynamic brain movements [1][2][3] - The new stretchable electrode architecture can dynamically follow brain movements with a required stretching force that is only 1/100th of that needed for Neuralink's linear electrodes, significantly reducing mechanical damage to brain tissue and minimizing immune responses [2][3] Group 1 - The new flexible electrode technology provides a foundational solution for the long-term stability of invasive brain-machine interfaces, overcoming issues of electrode displacement and inflammation caused by brain tissue movement [2][3] - Research conducted on macaques demonstrated that the stretchable flexible electrode could achieve long-term stable recordings in the brain, successfully capturing 257 single-neuron signals with a 256-channel implant and high-quality neural signals with a 1024-channel implant [2][3] Group 2 - This innovative technology is expected to address key obstacles for the clinical application of invasive brain-machine interfaces in China, potentially allowing the country to gain a competitive edge in the global market [3] - The advancement in this technology is anticipated to enhance the performance of brain-machine interfaces, contributing to the overall development of the industry and improving public health through cutting-edge technology [3]

来源：科技日报 ◎本报记者 张佳欣 近年来，脑机接口技术取得了显著进展。这类技术以埃隆·马斯克旗下的Neuralink公司为代表，通过将 微小电极植入大脑皮层，直接读取神经元电信号，在帮助严重残障人士恢复交流能力方面已展现出实际 成效。一些患者甚至能借助植入设备，在接近实时的状态下"说话"或"唱歌"。 但这种进展的代价同样明显：侵入性手术、高风险，以及设备一旦植入后难以调整等。 与Neuralink的设备相比，这种方法侵入性更小。传感器只需置于颅骨下方，或通过颅骨开设窗口进行操 作，不必深入脑组织内部。 同时，与电极植入位置固定且只能与植入电极的部位连接不同，超声波可监测大脑的很多区域并刺激多 个部位。 "声遗传学"激活特定神经元 正是在这样的背景下，美国一家新成立的初创公司Merge Labs进入公众视野。与主流路线不同，这家公 司试图绕开"深度植入电极"这一核心路径，转而使用超声波来实现对大脑活动的读取与调控。 据英国《自然》杂志介绍，这家公司于今年1月成立，获得了包括OpenAI在内的投资方共计2.52亿美元 的资金支持。公司希望探索一种新型脑机接口技术，不仅用于信息解码，还可能用于治疗抑郁症、成瘾 等 ...