Group 1 - The report emphasizes that service consumption has become a core strategy for expanding domestic demand in 2025, with significant potential for growth in China compared to developed economies like the US and Japan [4][8][28] - The report highlights that China's per capita GDP has surpassed $10,000, marking a critical window for the rapid development of service consumption, particularly in entertainment and leisure sectors [4][30][32] - Key measures to boost service consumption include increasing residents' income, enhancing leisure time, and encouraging high-quality service supply [4][8][28] Group 2 - The tea beverage industry is identified as having substantial growth potential, with a rational increase in store numbers and a shift towards emotional value for consumers, particularly among younger demographics [9] - The restaurant industry is expected to see steady growth, with a focus on government subsidies and an increase in chain operations, indicating a structural differentiation between mass and high-end markets [10] - Meituan is noted for its strategic investments in ecosystem development, maintaining a competitive edge despite short-term market fluctuations [11] Group 3 - The education sector is experiencing a concentration of market share among high-quality institutions, driven by regulatory changes and a persistent demand for K12 education [12] - The human resources industry is undergoing structural recovery, with a focus on AI applications to enhance efficiency and reduce costs [13] - The tourism sector is benefiting from policy-driven support and accelerated industry consolidation, with a notable increase in domestic travel demand [14] Group 4 - The hotel industry is facing a slowdown in supply growth, with leading hotel groups adjusting their operations to maintain competitive performance [14] - The duty-free sector is showing signs of recovery, with a stabilization in average transaction values and a narrowing decline in sales, supported by product diversification and new channel expansions [15]

金十数据7月3日讯，据华尔街日报报道，在美国圣迭戈举行的人力资源行业组织美国人力资源管理协会 （SHRM）大会上，美国前总统拜登向数千名人力资源从业者发表了长达一个多小时的讲话。这是其自 5月透露自己患前列腺癌诊断结果以来，首次发表长篇公开讲话。他表示，自己任内的多项关键成就正 在特朗普政府任下"迅速发生改变"，还称自己卸任后，多位欧洲领导人曾向他征求意见。拜登称，自己 仍参与政治讨论是 "因为我真的在乎自己所做的事"，而且民主党和共和党议员都曾致电他交流想法。 拜登患癌后首次发表长篇讲话 称其卸任后仍获欧洲领导人咨询 ...

Investment Rating - The report maintains an "Outperform" rating for the industry [7] Core Insights - The report emphasizes the upcoming summer peak season as a catalyst for the tourism and cultural sectors, highlighting the integration of cultural tourism with IP-driven new consumption logic [2][3] - It suggests focusing on the IP + scenic area concept, particularly in regions like Jiangsu, and recommends companies such as Emei Mountain A, Changbai Mountain, Xiangyuan Cultural Tourism, and Haichang Ocean Park [3][21] - The report notes the stabilization of second-hand prices in the trendy toy sector, driven by the summer season, while also addressing regulatory risks and price fluctuations in the second-hand market [3][22] - In the gold and jewelry sector, the report highlights the potential for high growth in terminal store efficiency and expansion opportunities for brands targeting high-end and young consumers [4][131] - The beauty and personal care sector is identified as having structural opportunities, with a focus on product innovation and long-term growth potential [5][101] Summary by Sections 1. Duty-Free and Scenic Areas - The report tracks the performance of duty-free operators and suggests focusing on city duty-free store openings to capture inbound tourist spending [14] - It highlights the summer tourism market's preparation, with a predicted peak in hotel guest flow in early August [15][21] 2. Trendy Toys - The report notes a significant year-on-year increase in online sales for the trendy toy sector, with a total of approximately 2,754 million yuan in sales from January to May 2025, reflecting a 61% growth [23] - It emphasizes the strong cultural presence of LABUBU, surpassing the popularity of Nintendo Switch2 and LOL in recent trends [3][27] 3. Gold and Jewelry - The report indicates that gold prices remain high, with retail sales in the gold and jewelry sector reaching 30 billion yuan in May 2025, a year-on-year increase of 21.8% [128][131] - It recommends brands like Chaohongji, Laisentongling, and Laopu Gold for their growth potential in high-end markets [131] 4. Beauty and Personal Care - The report identifies significant growth opportunities in the beauty sector driven by product innovation and changing consumer habits, recommending companies like Mao Ge Ping and Shangmei [5][101] - It highlights the successful listing of Ying Tong Holdings as a leading player in the fragrance distribution and brand management sector [68] 5. Medical Aesthetics - The report suggests that the medical aesthetics industry is poised for market share gains due to refined operations and the upcoming release of new products in Q3 [5][61] - It recommends focusing on companies like Jinbo Bio and Sihuan Pharmaceutical for their innovative product pipelines [5][66] 6. Employment and Human Resources - The report notes a stable employment situation with a slight decrease in urban unemployment rates, suggesting a focus on flexible employment leaders [102][105] 7. Sports and Events - The report highlights the ongoing development of outdoor sports and suggests monitoring the "Su Chao" theme for investment opportunities in related companies [111]

Group 1 - The report emphasizes that the main investment opportunities in the computer sector for the first half of 2025 are focused on three key themes: AI, financial technology innovation, and automation, with a notable preference for small-cap companies [1][18][21] - The performance of the computer sector is highlighted, with the Shenwan Computer Index showing a growth of 7.85% from January 1 to June 25, 2025, and a maximum increase of 41.33% during the same period [14][21] - The report identifies specific companies that have shown significant stock performance, such as Luqiao Information with a 271.26% increase and Huijin Co. with a 212.21% increase [15][29] Group 2 - The report discusses the rapid development of AI applications, particularly in the consumer sector, where active users of AI-native apps reached 270 million by March 2025, reflecting a year-on-year growth of 536.8% [32][33] - It notes that the integration of AI technology has significantly boosted the performance of companies like Meitu, which achieved a revenue of 3.34 billion yuan in 2024, a 23.9% increase year-on-year, largely due to AI-enhanced products [38][40] - The report highlights the importance of financial technology innovations, particularly stablecoins, which have seen a market capitalization of $251.1 billion as of June 25, 2025, with USDT and USDC being the leading stablecoins [6][28] Group 3 - The report outlines the commercialization of automation applications, such as Tesla's Robotaxi, which began operations in Austin, Texas, charging $4.2 per ride, indicating a significant step towards the realization of autonomous logistics [30][31] - It emphasizes the potential of companies like Jiu Shi and New Stone, which are leading the commercialization of unmanned logistics vehicles, showcasing the rapid development of this sector [30][31] - The report also discusses the legislative advancements in stablecoins and RWA (Real World Assets), which are expected to bridge traditional finance and Web3, enhancing the financial ecosystem [28][29]

在提升培训质效强能力方面，举办全省第二届职业技能大赛，制定"技耀龙江照亮前程"技能人才培养专 项行动方案，推进"技能照亮前程"培训行动，会同行业主管部门摸清劳动者培训需求，围绕生产制造、 现代服务、养老托育等重点领域开展技能培训，推行"岗位需求+技能培训+技能评价+就业服务"项目化 培训模式，提升培训的针对性和有效性。截至5月底，开展补贴性职业技能培训4.8万人次。 在实施专项计划稳岗位方面，突出重点领域、重点行业、城乡基层和中小微企业，统筹实施就业支持、 经营主体稳岗拓岗、创业推进"三大计划"，推动先进制造、冰雪经济、养老护理等23个重点行业岗位挖 潜扩容。截至5月底，组织2195名"人社服务专员"访企服务1.5万次，兑现就业创业补贴8.1亿元，落实失 业保险降费率、稳岗返还等政策为企业减负15.6亿元。 在支持返乡创业增活力方面，实施"创响龙江"行动，深入研究绥棱县、逊克县推动返乡创业经验做法， 构建创业培训、创业服务、创业孵化、创业活动"四创联动"支持体系，优化创业担保贷款政策申办流 程，完善培育、孵化、加速等服务链条，推广"跟踪陪跑"模式。截至5月底，全省累计扶持创业孵化基 地110家，在孵企业328 ...

Group 1 - The "China (Shenzhen) - Vietnam Trade and Investment Matching Conference" was successfully held in Shenzhen, focusing on the cooperation needs between domestic enterprises and Vietnam's growing economy [1] - The event was co-hosted by the Belt and Road Environmental Technology Exchange and Transfer Center (Shenzhen), the Asian International Enterprise Alliance, and Qianhai Chuhai E Station Tong, attracting representatives and industry experts from both countries [1] - The conference facilitated multiple channels for practical cooperation, resulting in several important cooperation intentions and significant outcomes [1] Group 2 - The Belt and Road Environmental Technology Exchange and Transfer Center (Shenzhen) is the first national-level entity platform in China serving the green Belt and Road initiative, co-established by the Ministry of Ecology and Environment and the Shenzhen Municipal Government [1] - The center's representative highlighted the strong economic complementarity and high industrial chain coordination between China and Vietnam, indicating a promising outlook for bilateral trade and investment under the RCEP framework [1] - The Asian International Enterprise Alliance aims to break down barriers for overseas expansion and empower global layouts, serving as a bridge and cornerstone for Chinese and Vietnamese enterprises [2] Group 3 - Experts analyzed opportunities and policy environments in the Vietnamese market, providing suggestions for future development and cooperation potential [2] - Six leading Vietnamese companies conducted specialized roadshows to present cooperation needs across various sectors, including new energy equipment, electronics, smart logistics parks, high-tech research and development, and human resources [2] - The conference featured four negotiation zones to facilitate precise matching, resulting in two significant strategic agreements and several companies finalizing plans for visits to Vietnam [2]

Group 1: General Aviation and Low-altitude Economy - The development of general aviation and low-altitude economy is highlighted as a new area with significant market potential [1] - Shandong has made substantial progress in building a new service guarantee system, activating innovation-driven engines, and expanding low-altitude application scenarios [1] - The government encourages enterprises and experts to deepen cooperation with Shandong to promote low-altitude technology and industry projects [1] Group 2: High-quality Development of Human Resources - The dialogue focused on high-end human resources empowering advanced manufacturing development [2] - Shandong is implementing a strategy to strengthen education and talent development, integrating talent, education, industry, and innovation chains [2] - The province aims to leverage various strategic opportunities and policies to enhance collaboration and attract talent [2] Group 3: Artificial Intelligence and High-quality Development - The forum emphasized the importance of collaborative innovation in artificial intelligence, forming a complete industrial chain [3] - Shandong is committed to sharing market opportunities and deepening technological cooperation with multinational companies and research institutions [3] - The goal is to develop new applications and ecosystems in the "Artificial Intelligence+" sector [3] Group 4: Sino-German Corporate Development Exchange - The forum aimed to enhance international cooperation and expand open economic fields, with Germany being a key trade partner [4] - Shandong is focused on creating a favorable business environment for foreign investors, including German entrepreneurs [4] - The province encourages active participation in its development and collaboration for mutual benefits [4]

一、RCEP实施三周年，重塑区域贸易新生态 2025年正值《区域全面经济伙伴关系协定》（RCEP）生效三周年。作为全球最大的自贸协定，RCEP覆盖15个成员国、23.7亿人口，经济总量达30.1万亿美 元，占全球GDP的30%。三年来，其核心成果深刻改变了区域贸易生态： 贸易便利化水平大大提升：RCEP的实施使得贸易通关效率大大提升，推动区域内生鲜类、易腐类农产品的交易规模增长。因为通关时间从之前的12个小时 缩短至3小时，使得从韩国进口海鲜，从越南、菲律宾进口鲜榴莲成为新的选择。 原产地累积规则促进区域供应链深度融合：原产地累积规则打破了国界限制，显著扩大了区域内中间品的生产和贸易，使得区域内贸易进一步扩大，据商务 部数据显示，2024年我国发放RCEP优惠原产地证书和自主出具原产地声明数量分别同比增长17.4%和38%。 二、RCEP促进区域人才流动，加码中企出海用工确定性 中国与RCEP成员国之间贸易往来的重点行业包括纺织业、机械行业、电子信息行业、石化行业、农业，在RCEP制度实施框架下，将推动这些行业中的各 类企业加速出海步伐，以最大化享受制度红利。据商务部企业调研数据显示，70%的受访企业认为RC ...

Group 1 - The "Top Ten Sports Events" award ceremony was held in Shenzhen, with Bao'an district achieving a "Grand Slam" by having three events recognized [2] - Bao'an district leaders visited Dongguan to learn about successful talent service and infrastructure development, aiming to enhance talent initiatives in Bao'an [2] Group 2 - Bao'an district launched electronic consumer vouchers, encouraging local spending [3] - Local enterprises showcased their star products and solutions at domestic and international industry events [3] - The World Sinology Conference will be held for the first time in Bao'an, Shenzhen [3] Group 3 - The "Discover the Beauty Around You" civil practice activity invites participation to showcase the livability of Bao'an [4] - The Bao'an district is preparing for the 2025 enrollment of first-grade and middle school students, with online registration starting on June 7 [4] - A youth mental health technology festival was successfully held in Bao'an, organized by the district's youth committee and education bureau [4] Group 4 - Shenzhen has proposed three "gold standards" for smoke-free areas, marking a national first [6] - The city continues to enhance convenience for visitors with a seamless mobile experience [6] Group 5 - The pet industry in Shenzhen has surpassed one million pets, with a market size exceeding 100 billion [8] - The 15th International Space Design Award has officially launched its global call for entries in Shenzhen [8]

"一个月之内，研发项目团队能与企业面谈三回，成果转化进度顺利得超乎想象。"徐州高新区微控生物 科技有限公司尹卫卫说。 5月初，徐州医科大学孙玛骥在徐州铜山区委人才办举办的协"铜"创新合作发展联盟暨第二届科技镇长 团杯创新创业大赛上，详细介绍研究成果"基于多模态影像融合与智能动态调控的脊柱介入诊疗机器人 导航系统研发"，得到现场评审高度称赞，该项目在比赛中获得一等奖。作为生物医药企业代表前来的 尹卫卫，立刻邀请孙玛骥商谈转化落地。 "今年铜山人才工作聚焦'8166+N'产业体系建设，细分产业领域分批次联系相关专家人才参加路演活 动，实现更精准对接。"铜山区委组织部副部长张亚说。 本次创新创业大赛上，第十七批科技镇长团团员、徐州工程学院信息工程学院副院长张雷和学院讲师项 导分别带来"安昕"居家智慧养老精准监护系统、基于机器视觉的缺陷识别和目标检测系统最新研发成 果，锚定铜山工程机械与大健康产业建设目标，拓宽发展道路。 从高校人才挂职政府职能部门、获聘企业科技高管，到组建高校科研人员的科技镇长团，铜山区打破体 制界限，通过一系列制度设计，让人才在政府、高校、企业间有序流动。 协"铜"创新合作发展联盟成立以来，共获批 ...