Core Viewpoint - Beijing aims to establish its urban sub-center as an international benchmark city for green economy by 2027, focusing on enhancing green innovation capabilities, increasing the number of green enterprises, and boosting the output value of green industries [1][2]. Group 1: Green Innovation and Technology - The city plans to achieve an annual growth of approximately 20% in effective green technology invention patents and establish an international green technology concept verification center [1]. - The administrative office area has achieved 100% green electricity supply, and a new energy system experimental base has been established [2]. Group 2: Green Industry Development - The urban sub-center will support the development of over 300 green enterprises and establish a green industry cluster [1]. - The focus will be on cultivating specialized green industries, including carbon professional services and ESG (Environmental, Social, and Governance) services, to create a carbon market ecosystem and attract international ESG rating agencies [3]. Group 3: Investment and Future Energy - The sub-center will foster green investment and support the development of various green industry investment institutions, particularly in future energy sectors such as superconducting materials and vacuum systems [4]. - There will be an emphasis on enhancing existing green industries, including ecological environment protection and pollution control, as well as the development of carbon capture, utilization, and storage (CCUS) technologies [4]. Group 4: Smart and Connected Vehicles - The urban sub-center will enhance the smart connected new energy vehicle industry, focusing on vehicle electronics and core components to create a comprehensive supply system [5]. - The aim is to attract low-carbon, ultra-low energy consumption, and nearly zero energy consumption building enterprises to strengthen the green construction industry [5].

Core Viewpoint - Beijing's urban sub-center aims to become an international benchmark for green economy development by 2027, focusing on 10 industries and 8 actions to promote green technology and sustainable practices [1][3]. Group 1: Green Economic Development Goals - By 2027, the number of effective green technology invention patents is expected to grow by approximately 20% annually, with over 300 green enterprises established and one green industry cluster created [1][3]. - By 2035, the annual growth rate of effective green technology invention patents is projected to be around 15%, with the formation of more than three green industry clusters and steady growth in green economic value added [1]. Group 2: Key Industries and Initiatives - The urban sub-center will focus on developing six key green industries, including carbon professional services, ESG professional services, green finance, green investment, future energy sectors, and synthetic biology manufacturing [4]. - The existing four green industries, such as ecological environment protection and pollution control, will be enhanced through innovation and integration with digital industries [5][6]. Group 3: Implementation Tasks - Eight key tasks will be implemented to enhance the spatial carrying capacity and resource conversion capabilities of green industries, including the establishment of the Beijing Green Technology Innovation Service Industry Park [7]. - The establishment of the Beijing International Green Technology Concept Verification Center will support core technology breakthroughs in green industries and facilitate the commercialization of research outcomes [8]. Group 4: Financial and Institutional Support - The district-level industrial fund will support green economic projects, complementing the city-level green low-carbon funds to enhance financial backing for sustainable initiatives [9]. - The development of green finance will be closely integrated with the "two zones" construction, aiming to elevate the green finance market and innovate financial products [9].

丨证券研究报告丨 行业研究丨专题报告丨汽车与汽车零部件 [Table_Title] 汽车行业周报：政策持续优化， Robotaxi 商业 化落地加速 报告要点 [Table_Summary] 政策法规的持续迭代保证智能驾驶行业快速发展，目前已对高级别方案的车辆要求、人员要求、 安全要求等方面做出明确规定，未来全国性法规的持续完善有望推动智能驾驶的全面升级。国 内外重点企业规模化加速，均已部署规模超千辆运营车。国内主要关注百度（萝卜快跑）、小马 智行、文远知行等，海外主要关注 Waymo 和特斯拉。 汽车与汽车零部件 cjzqdt11111 %% %% %% %% research.95579.com 1 分析师及联系人 [Table_Author] 高伊楠 SAC：S0490517060001 SFC：BUW101 请阅读最后评级说明和重要声明 [Table_Title 汽车行业周报：政策持续优化， 2] Robotaxi 商业 化落地加速 [Table_Summary2] 一周车市 汽车销量：5 月 19 日-5 月 25 日交强险上牌数据显示，汽车销量 39.95 万辆，较 5 月 W3（5.12- 5. ...

Core Viewpoint - The implementation of the Free Trade Zone (FTZ) enhancement strategy aims to create a higher level of openness, better business environment, and stronger radiating effect for reform and opening up in China [1][2]. Group 1: Strategic Objectives - The FTZ enhancement strategy includes specific measures to enhance comprehensive competitiveness in foreign trade, optimize goods trade, invigorate service trade, and support digital trade innovation [2]. - It emphasizes promoting investment liberalization and facilitation, improving market openness, and creating a first-class market-oriented, law-based, and international business environment [2]. - The strategy aims to attract and utilize foreign investment more effectively, addressing both international rule alignment and domestic reform challenges [2]. Group 2: Systemic Innovation - The FTZ needs to actively align with international high-standard economic and trade rules, creating a transparent, stable, and predictable institutional environment [2]. - Systematic and integrated reforms are necessary to enhance institutional innovation capabilities, linking trade, investment, finance, and technology policies to avoid fragmented innovation [2][3]. - The focus on full industrial chain innovation aims to cultivate new productive forces, particularly in strategic emerging industries like biomedicine and intelligent connected vehicles [2]. Group 3: Business Environment Optimization - Optimizing the business environment requires not only process reengineering but also establishing collaborative governance mechanisms through digital regulation and credit system development [3]. - The FTZ enhancement strategy is a means to drive deep reforms through institutional openness, addressing systemic barriers to domestic and international dual circulation [3]. - Upgrading the FTZ from a "pathfinder" to a "navigator" can open new avenues for China's economic transformation and inject new momentum into global economic governance reform [3].

深城交：无人物流的卡位与布局 20250531 摘要 深圳正积极推动无人物流车商业落地，已初步发布物联网调度平台，并 与美团、顺丰、京东等签署战略合作协议，同时颁发 L4 级别测试牌照， 旨在通过技术体系支持无人物流运营，提升城市物流效率。 深圳市已着手建设覆盖全市的充电桩和停车位网络，旨在提高资源利用 率，为无人物流车提供配套服务，协调社会资源，为未来的大规模部署 提供支持，解决无人物流车运营的后顾之忧。 公司中标香港新能源车辆及政府专项资金系统项目，金额超 3 亿港元， 虽目前仍以有人驾驶为主，但未来将依托数字底座和大模型技术，逐步 向无人驾驶技术发展，实现对车辆和飞机的有效管控与调度。 公司与东部公交公司合作"无人物流市政项目"，旨在建设智慧物流枢 纽，包括智慧场站、运力车辆等，实现龙岗区内无人化物流运送，这是 一个软硬件结合的完整系统，公司参与其中进行运营和投资。 公司与深圳机场签约无人接驳车项目，预计 6 月节后开始测试，通过降 低事故率、减少人工成本，实现更高效、更低成本的运营，未来计划将 此模式复制到其他机场，扩大业务规模。 Q&A 深圳市在智能网联和无人物流领域的最新进展是什么？ 深圳市将在 ...

Group 1 - The 2025 Copper Business Conference was held in Chongqing, focusing on promoting investment and talent attraction to boost the local economy [1][3] - The conference showcased the economic and social development of the Tongliang District, presenting a development opportunity list for 2025 with 74 quality projects and a total investment scale of 75.2 billion yuan [3] - A total of 23 projects were signed at the conference, covering various industries with a planned total investment of 10.915 billion yuan [4] Group 2 - The conference also announced the commencement of 14 projects and the completion of 10 projects, with a total investment of 5.1 billion yuan, significantly contributing to the local industrial chain [4] - Tongliang District appointed 25 investment consultants and recognized outstanding individuals and collectives for their contributions to the high-quality development of the private economy [8] - The district aims to achieve a GDP and industrial output value exceeding 100 billion yuan by 2030, focusing on creating a first-class business environment [11][12] Group 3 - The district has established a modern industrial system characterized by two leading industries and four specialty industries, with a focus on new energy storage and intelligent connected vehicles [11] - Notable companies, including major service providers and software firms, have signed agreements to establish their headquarters in Tongliang, aiming for significant revenue growth by 2025 [12] - The conference set a goal to create a positive atmosphere for investment, aiming to attract more entrepreneurs to invest and settle in Tongliang [12]

截至2025年5月29日收盘，中证车联网主题指数(930725)强势上涨2.77%，成分股万马科技(300698)上涨 19.99%，万通智控(300643)上涨11.86%，得润电子(002055)上涨10.09%，通达电气(603390)，捷顺科技 (002609)等个股跟涨。 智能网联汽车ETF(159872)上涨2.92%，最新价报0.92元。拉长时间看，截至2025年5月28日，智能网联 汽车ETF近1月累计上涨4.47%。 短线来看，近期国内外不断有自动驾驶应用落地的利好传来，持续催化智驾概念热度。 智能网联汽车ETF紧密跟踪中证车联网主题指数，中证车联网主题指数将内容与服务提供商、软件提供 商、硬件提供商、汽车厂商等相关上市公司纳入车联网主题，以反映车联网上市公司的整体表现。 数据显示，截至2025年4月30日，中证车联网主题指数(930725)前十大权重股分别为比亚迪(002594)、汇 川技术(300124)、华域汽车(600741)、宏发股份(600885)、大华股份(002236)、上汽集团(600104)、科大 讯飞(002230)、宁德时代(300750)、德赛西威(002920)、 ...

成渝一周观察【0522-0528】 1.四川首款人形情感机器人有望年底面世 四川首款人形情感机器人"爱湫EMO1"计划于2025年底正式发布，该机器人由具身人形机器人公司研 发，目前已完成数千万元天使轮融资。其核心亮点在于搭载情感认知系统，通过微表情识别、语境分 析、触觉反馈等技术实现拟人化交互，运用多模态数据融合技术整合视觉、听觉、触觉信息，结合自然 语言处理精准捕捉用户情绪。在仿生设计方面，颈部六自由度关节、LED眼部模组等细节强化情感体 验，支持方言响应且延迟仅0.8秒。 具身科技与天府绛溪实验室共建研发中心，已启动脑机接口技术研究，未来有望实现意念互动功能，核 心部件国产化率提升有效降低制造成本。作为四川AI"一号工程"重要成果，该机器人受益于"15+N"产 业链政策扶持，今年一季度全省AI产业营收达396.8亿元、同比增长20.5%。"爱湫EMO1"首批产品将供 应川渝医疗机构，主要服务于自闭症干预、老年陪伴等场景。 目前，"贡嘎二号""夸父-MY"等多款机器人已实现技术突破，推动四川加速成为中西部人形机器人创新 高地，成都高新区正以算力支撑、产业基金等举措助力构建全链条产业生态。 2.四川：全省建 ...

Group 1 - The article highlights the importance of practical skills training for university graduates in the context of the growing demand for talent in the intelligent connected vehicle sector [1][2] - Nanjing Information Vocational Technical College has implemented a customized training program in intelligent connected vehicle assembly and testing, responding to industry needs and aligning with new occupational standards set by the Ministry of Human Resources and Social Security [1][2] - The training program has attracted nearly 100 students over two years, with government subsidies and collaboration between universities and enterprises enhancing the employability of graduates [2][3] Group 2 - The Nanjing government has initiated a subsidy program for skills training to attract and retain talent, focusing on new professions and skills that align with the local industrial structure [3][4] - The training approach combines theoretical knowledge with practical application, significantly improving graduates' job readiness and reducing the time needed to integrate into the workforce [3][4] - Recent adjustments to the training schedule allow for more flexible timing, enabling students to better manage their training alongside their studies, with a target of training over 100,000 graduates this year [4]

对此，有必要结合辅助驾驶不同等级与应用场景，从法律层面明确相关主体的责任边界，细化"人机共 驾"时的责任体系，清晰界定在系统正常运行、故障、突发状况等不同情形下，车企、运营方和用户各 自应承担的责任。 辅助驾驶千万条，安全行驶第一条。更好发挥法治对于辅助驾驶技术应用的引领、规范和保障作用，将 法治精神更好地融入技术应用，既防范辅助驾驶"刹车失灵"引发的安全风险，也规避"过度制动"阻碍技 术创新发展，方能驶向"以人为本、科技向善"的美好未来。 对此，工信部举行汽车企业安全专题会议，要求车企"明确系统功能边界和安全响应措施，不得进行夸 大和虚假宣传"，不能出现"自动驾驶""自主驾驶""智驾""高阶智驾"等名词，这些举措及时而有力。但 是，不能仅依托监管部门行政指令，未来还应从法律层面将技术参数嵌入制度设计，让法治红线从"事 后纠偏"转向"事前锚定"。例如，可以考虑明确"辅助驾驶"宣传禁用词语清单，明晰夸大宣传和诱导用 户等行为的惩戒举措；在车机系统界面等区域显著标注技术标识信息，直观呈现功能风险等。 技术突进与法治规范之间的"速度差"也亟待回应。当开启辅助驾驶模式时发生事故，究竟是源于车辆感 知、算法决策的缺陷， ...