"投洽会"上的长沙城市形象馆。 张福芳 汪宏桥 戴晓宇 9月9日，在厦门举办的第二十五届中国国际投资贸易洽谈会上，长沙再次获得"中国投资热点城市"殊 荣，这是长沙第三次上榜。 9月9日，在厦门举办的第二十五届中国国际投资贸易洽谈会上，长沙获评"中国投资热点城市"。 （本 文图片均由张福芳 摄） 这是长沙开放型经济发展结出的硕果。长沙用诚意擦亮金字招牌，接连获评"中国最具投资吸引力城 市""中国十佳外商投资最满意城市"，吸引201家世界500强企业落子布局。 今年1至7月，长沙外商直接投资同比增长26.3%。新设外商投资企业数140家，同比增长6.06%。 长沙，加速从"内陆腹地"向"开放高地"跨越。 培育"投资热土"，助力国际资本扎根星城 "在长沙，我们不是'外来客'，而是'自家人'——政府懂产业、重契约，这种默契让企业敢做'百年规 划'。"第二十五届中国国际投资贸易洽谈会期间举行的"对德招商"项目路演上，德勤中国相关负责人这 句由衷感叹，引来全场阵阵掌声。 9月8日，来自德国等欧洲国家的先进制造业企业代表，还与包括长沙经开区在内的中国重点产业园区代 表面对面对接。 长沙是湖南对德合作的"主力军"。20年前， ...

Core Viewpoint - Starbucks is in the final stages of selling its stake in the Chinese market, with potential buyers including Boyu Capital, Carlyle Group, EQT, and Sequoia China, aiming to finalize the deal by the end of October [1][2]. Group 1: Stake Sale Details - The key issue regarding the stake sale is the percentage of ownership that Starbucks will retain, with indications that the company may keep around 30% of the stake while distributing the remaining shares among several buyers [2][3]. - Starbucks CEO Brian Niccol emphasized the importance of retaining a significant portion of equity in the Chinese market to ensure the company's interests are met [2][4]. Group 2: Market Position and Competition - Starbucks has opened 70 new stores in China, bringing the total to 7,828 as of the end of June [1]. - The competitive landscape is shifting, with Luckin Coffee reporting a 47.1% year-on-year revenue increase to 12.36 billion yuan, significantly outpacing Starbucks [11]. - Luckin Coffee's store count reached 26,206 by the end of the second quarter, highlighting a growing gap in market presence compared to Starbucks [11]. Group 3: Operational Flexibility - Starbucks China has gained more operational flexibility, including the ability to adjust prices and engage in local partnerships, such as a collaboration with Xiaohongshu [8][10]. - The company reported an 8% year-on-year revenue growth to 790 million USD (approximately 5.625 billion yuan) for the latest fiscal quarter, marking three consecutive quarters of growth [10]. Group 4: Strategic Importance of Local Partnerships - Finding a partner that understands the Chinese market is crucial for Starbucks' expansion strategy, as indicated by Niccol [13]. - The trend of local coffee brands rapidly expanding, such as Kudi Coffee with over 15,000 stores, poses a significant challenge to Starbucks' market share [12].

Group 1 - The "Sovereign Brazil Plan" aims to support exporters, maintain employment, encourage investment in strategic sectors, and ensure economic development in response to U.S. tariffs [1][4] - The plan includes three main pillars: strengthening production, protecting workers, and promoting commercial diplomacy and multilateralism [3][4] - The U.S. tariffs have led to a significant decline in Brazilian exports to the U.S., with an 18.5% year-on-year drop in August, amounting to $2.76 billion [4] Group 2 - The plan proposes measures such as relaxing credit limits, extending tax refund periods, and providing special credit of 30 billion Brazilian Reais (approximately 39.55 billion RMB) to affected companies [5][11] - A National Employment Monitoring Committee will be established to oversee employment levels and benefits in sectors directly impacted by U.S. tariffs [5][11] - The plan emphasizes market diversification to reduce reliance on the U.S. market, with ongoing negotiations with the EU, EFTA, UAE, and Canada [6][10] Group 3 - The Brazilian government aims to rebuild and strengthen its export financing and insurance systems to enhance competitiveness and reduce vulnerability to similar future measures [7][12] - The "Sovereign Brazil Plan" is expected to provide relief to affected industries, including agriculture, metallurgy, manufacturing, and automotive parts [11][12] - Analysts suggest that the plan's effectiveness will depend on its implementation and the equitable distribution of resources to small and medium-sized enterprises [12][13]

Core Viewpoint - The recent subsidy wars among food delivery platforms have significantly impacted the ready-to-drink tea and coffee market, leading to unsustainable growth driven by external incentives rather than organic demand [1][5][8]. Group 1: Market Dynamics - The competition among major food delivery platforms like Meituan, Alibaba, and JD has intensified, resulting in substantial subsidies that have disrupted the pricing structure of the ready-to-drink tea and coffee market [2][3]. - In the first half of 2025, major brands such as Luckin Coffee, Gu Ming, and Mi Xue Ice City reported a combined revenue of 55 billion yuan, an increase of 13.5 billion yuan year-on-year, largely attributed to these subsidies [1][3]. Group 2: Financial Performance - Luckin Coffee reported a net income of 21.22 billion yuan in the first half of 2025, a 44.6% increase year-on-year, with a net profit of 1.78 billion yuan, up from 788 million yuan in the previous year [3]. - Gu Ming achieved a revenue of 5.663 billion yuan in the same period, marking a 41.2% year-on-year growth, while Mi Xue Ice City expanded its store count significantly, contributing to its revenue growth [3][4]. Group 3: Sustainability Concerns - Analysts express concerns regarding the sustainability of the growth driven by delivery subsidies, suggesting that the impressive financial results may not be replicable in the absence of such incentives [5][8]. - The reliance on delivery platforms has led to a decline in dine-in orders, which are more profitable for stores, raising questions about the long-term viability of the current business model [9]. Group 4: Future Strategies - The market regulator has indicated a shift towards more sustainable practices, urging platforms to control subsidies and enhance service quality, which may lead to a decline in sales growth for tea and coffee brands [7][10]. - Companies are now focusing on improving in-store efficiency, increasing customer retention, and exploring international markets as part of their long-term strategies [9][10].

Core Insights - The "Bee" Youth Innovation and Entrepreneurship Competition focuses on the "Rural Coffee Industry" and aims to ignite rural revitalization through youth creativity and entrepreneurship [1][3] - A total of 820 participants registered for the competition, with 48 finalists competing in the final round [3][4] - The competition features two main categories: entrepreneurship and creativity, showcasing projects related to coffee cultivation, brand operation, cultural tourism integration, and innovative heritage [3][4] Group 1: Competition Overview - The competition was launched in April, attracting 820 participants, including 307 in the entrepreneurship track and 513 in the creativity track [3] - After multiple rounds of evaluation, 18 entrepreneurial projects and 30 creative projects advanced to the finals, reflecting deep youth engagement in the rural coffee industry [3][4] - The final event highlighted innovative coffee products and business plans, with participants presenting unique ideas such as nitrogen-infused lychee coffee and local coffee shop concepts [4][6] Group 2: Project Support and Development - Winning projects will receive monetary rewards and support for project incubation, including policy assistance and mentorship [8] - Notable winning projects include the "Guangzhou Luodong Craftsman Town Youth Coffee Workshop" and "Silent Star" in the creativity track, showcasing the potential of youth-led initiatives in the rural coffee sector [8] - The competition aims to cultivate a new generation of youth capable of operating rural coffee businesses and transforming creative ideas into tangible rural development outcomes [8] Group 3: Tourism and Community Engagement - The event also launched a "Follow the Rural Coffee Journey" initiative, promoting 68 rural coffee spaces and creating a tourism map to enhance visitor experiences [9] - The initiative aims to connect urban visitors with rural landscapes and local culinary experiences through coffee tourism [9] - Future promotional efforts will focus on attracting visitors to explore rural areas and enjoy the unique offerings of the rural coffee industry [9]

Group 1 - The core theme of the 16th China Food Safety Forum is "Honesty and Lawfulness, Sharing Food Safety," highlighting the importance of food safety and waste reduction in the food industry [2] - KFC, a brand under Yum China, has integrated food waste reduction into its brand development strategy, establishing a new model for managing surplus food in the restaurant industry through its "Food Station" initiative [2][3] - The Chinese government has implemented a series of policies to combat food waste and ensure food security, including the 2021 Anti-Food Waste Law and the 2024 Action Plan for Food Conservation and Anti-Food Waste [2] Group 2 - Since its launch in 2020, KFC's "Food Station" initiative has expanded to over 1,050 stores across more than 180 cities by June 2025, demonstrating significant growth in its operations [4] - The initiative focuses on collecting, packaging, and freezing surplus food that is still within its shelf life, providing it for free to those in need, thereby contributing to environmental sustainability [3][4] - KFC aims to continue enhancing the influence of the "Food Station" model and attract more participants to the environmental protection cause, aligning with its sustainable development philosophy [5]

当前，全球数字贸易正站在新十年的关键节点，数字经济与实体经济的深度融合不仅是全球经济复苏的 核心动力，更是我国深入贯彻金融"五篇大文章"、服务新质生产力的关键实践。作为我国唯一以数字贸 易为主题的国家级、国际性、专业型展会，全球数字贸易博览会（以下简称"数贸会"）为深度践行国家 推动数字贸易创新发展的战略部署，以国家级平台为支点，创新性推出"数贸创投日"系列活动，深入全 国创新创业高地，面向全球遴选优质科技创业项目，为数字贸易创新发展注入新动能。 历经北京、深圳、西安三站，"数贸创投日"已吸引数百位政、企、投嘉宾深度参与，促成多组资本与项 目达成初步合作意向。但这并非终点，而是所有资源聚合的新起点：所有区域对接的优质资源、筛选出 的潜力项目、锁定的核心资本，都将在9月25日杭州大会展中心"数贸创投日"主会场集中释放势能。 从政策红利到国际资本，从双向路演到长效机制，这场数字贸易领域的"年度资源对接关键场"，将成为 全球数字贸易创新力量与资本精准对接的重要桥梁。 可扫描最下方海报二维码，获取参会报名链接。 本次杭州主会场将围绕数字贸易领域创新需求与资本对接痛点，精心打造八大核心亮点，通过多维度资 源整合、精准化 ...

Core Viewpoint - Alipay launched the first domestic "AI Payment" service at the 2025 Inclusion·Bund Conference, providing payment services for AI agents and integrating ordering and payment processes seamlessly for the first time in the industry [1][9]. Group 1: Service Launch and Features - The "AI Payment" service was first implemented in the "Lucky AI" ordering assistant at Luckin Coffee, allowing users to place orders and make payments through voice commands without leaving the AI chat interface [1][3]. - Users can now simply say "order" after receiving recommendations from "Lucky AI," completing the payment process after identity verification, making the experience as natural as conversing with a store clerk [3][6]. Group 2: Industry Impact and Future Prospects - Luckin Coffee's Product Director, Pu Yu, stated that the integration of "Lucky AI" with Alipay's AI Payment enhances the coffee consumption experience and lays the groundwork for expanding more service scenarios in the future [7]. - Ant Group's Chief Technology Officer, Zhu Lin, emphasized that the innovation aims to address safety and convenience in payments, predicting that new interactive payment methods could exceed 50% in the next five years, with a tenfold increase in diverse smart device payments [8]. - The launch of "AI Payment" is seen as a key step in activating the AI industry ecosystem, with the potential for the AI payment market to reach a trillion-level scale [8][9]. Group 3: Additional Innovations - Alipay has introduced several pioneering services, including the first "Payment MCP Server" for AI agents, "AI Tipping" for developers, "AI Subscription Payment" for service-based pricing, and the global first "Look-and-Pay" service for smart glasses [9]. - The introduction of "AI Payment" further completes the commercial loop from AI services to payments, promoting the prosperity of the AI ecosystem [9].

Core Viewpoint - Starbucks is in the final stages of selling its stake in the Chinese business, with potential buyers including Boyu Capital, Carlyle Group, EQT, and Sequoia China, aiming to finalize the deal by the end of October [2][10]. Group 1: Stake Sale Details - The key issue in the stake sale is the percentage of ownership that Starbucks will retain, with reports suggesting that Starbucks may keep around 30% of the equity while distributing the remaining shares among several buyers [4]. - Starbucks CEO, Brian Niccol, emphasized the company's commitment to maintaining a significant stake in the Chinese market, stating that any transaction must align with Starbucks' interests [2][4]. Group 2: Operational Flexibility - Starbucks China has gained more operational flexibility, as evidenced by its recent partnership with Xiaohongshu (Little Red Book) to enhance community engagement in over 1,800 stores [7]. - The company has also adjusted prices for key products, leading to significant sales growth, with Q2 revenue in China increasing by 8% to $790 million (approximately 5.625 billion RMB) [7]. Group 3: Competitive Landscape - The competitive environment in China's coffee market is intensifying, with Luckin Coffee reporting a 47.1% year-on-year revenue increase to 12.36 billion RMB in Q2, significantly outpacing Starbucks [9]. - As of the end of Q2, Luckin Coffee had 26,206 stores, highlighting a growing gap in store count compared to Starbucks, which opened 70 new stores in the same period, bringing its total to 7,828 [9]. Group 4: Strategic Importance of Local Partnerships - Finding a partner that understands the Chinese market is crucial for Starbucks' expansion strategy, as local insights can enhance operational efficiency and decision-making [10].

Core Viewpoint - Starbucks is in the final stages of selling its stake in the Chinese market, with potential buyers including Boyu Capital, Carlyle Group, EQT, and Sequoia China, aiming to finalize the deal by the end of October [1] Group 1: Stake Sale Details - The sale involves discussions about the proportion of equity Starbucks will retain, with reports suggesting that Starbucks may keep around 30% of the stake while distributing the remaining shares among several buyers [2] - CEO Brian Niccol emphasized the importance of retaining a significant portion of equity to maintain operational control in China [3] Group 2: Operational Flexibility - Starbucks has demonstrated increased operational flexibility in China, including a partnership with Xiaohongshu to enhance community engagement in over 1,800 stores [7] - The company has also adjusted pricing strategies, reducing prices on key products, resulting in significant sales growth, particularly for iced tea and frappuccinos [8][10] Group 3: Competitive Landscape - The competitive environment in the Chinese coffee market is intensifying, with Luckin Coffee reporting a 47.1% year-on-year revenue increase, significantly outpacing Starbucks [11] - Other domestic brands, such as Kudi Coffee, are rapidly expanding, with Kudi surpassing 15,000 stores and achieving profitability [12] - Starbucks reported a 2% year-on-year same-store sales growth, with a decline in average transaction value, highlighting the challenges faced in maintaining market share [12] Group 4: Strategic Importance of Local Partnerships - Finding a partner that understands the Chinese market is crucial for Starbucks' expansion strategy, as indicated by CEO Brian Niccol [13] - The outcome of the stake sale will determine the future operational dynamics of Starbucks in China [14]