点 击 蓝 字 关 注 我 们 本文全文共 1801 字，阅读全文约 6 分钟 一季度我国服务进出口总额同比增长8.7% 一季度我国服务进出口总额同比增长8.7% 2025年4月中国采购经理指数运行情况 2025年一季度，我国服务贸易较快增长，服务进出口总额19741.8亿元（人民币，下同），同比增长 8.7%。 其中，出口8351.5亿元，增长12.2%；进口11390.3亿元，增长6.2%。服务贸易逆差3038.8亿元，比上年 同期减少244.6亿元。主要呈现以下特点： 知识密集型服务贸易保持增长。一季度，知识密集型服务进出口7524.9亿元，增长2.6%。其中，其他商业 服务、电信计算机和信息服务进出口规模较大，金额分别为3204.8亿元、2623.4亿元，增速分别为0.8%、 4.8%。知识密集型服务出口4363.4亿元，增长2.1%；知识密集型服务进口3161.5亿元，增长3.4%。 旅行服务出口增长最快。一季度，旅行服务继续保持高速增长，进出口达5849亿元，增长21.8%，为服务 贸易第一大领域。其中，出口增长97.5%，进口增长14.9%。 (来源:商务部 ) 2025年4月中国采购经理指数运 ...

Core Viewpoint - Guangdong Province is implementing a special action plan to boost consumption by correcting unreasonable business practices in online sales and live streaming, promoting fair pricing and quality products [1] Group 1: Consumer Protection Initiatives - The government aims to add over 15,000 trustworthy consumption commitment units and more than 4,500 stores with no-reason return policies by 2025 [1] - A "Credit+" project will be launched to enhance the joint punishment mechanism for dishonest practices in key areas [1] - The government will strengthen the resolution of consumer disputes and improve online dispute resolution mechanisms [1] Group 2: Regulation of E-commerce Practices - The plan includes correcting unreasonable practices such as "lowest price on the entire network" in online sales and live streaming [1] - There will be strict actions against the sale of counterfeit products and violations such as price fraud and false advertising [1] - A quality traceability mechanism for key products will be established, along with enhanced supervision of defective product recalls [1] Group 3: Media and Privacy Regulations - The government will regulate subscription and charging practices in the broadcasting and television sectors, addressing issues like complex charging and inducement [1] - There will be guidance on the proper installation of cameras in public consumption areas to protect consumer privacy regarding facial recognition, payment, and tracking information [1]

Core Insights - The implementation of a digital emergency broadcasting system in Xiaoshan District aims to enhance public safety by transitioning from passive to proactive measures in traffic and crime prevention [1][2] - The system integrates various technologies such as front-end perception, model algorithms, intelligent early warning, and voice interaction to create a comprehensive management platform for emergency broadcasts [1] Group 1: Digital Broadcasting System - The digital broadcasting system has expanded from street and town levels to district and county levels, with a total of 2,620 digital broadcasting units now operational [2] - The system has transformed previously idle emergency broadcasts into active safety measures, providing real-time alerts and information to the public [2] Group 2: Impact and Results - Since the full coverage of the digital broadcasting system in August 2023, traffic accidents and fraud cases in the trial area of Yaqian Town have decreased by 20.5% and 20% respectively [2] - The system has led to a 60% reduction in lost property cases involving electric vehicles and has achieved zero incidents of drowning and traffic fatalities [2] Group 3: Future Developments - Future plans include the integration of AI algorithms, big data, and 5G technology to enhance the capabilities of the digital broadcasting system and its coordination with public security systems [2]

湖南有着悠久的历史文化、厚重的革命文化、活跃的现代文化。用现代科技激活文化优秀基因，并赋予 其新的时代内涵，有效提升了文化的传播力、吸引力、感染力。 一档音乐类综艺节目，全网播放量累计达1590亿次。大流量背后，是从舞台到屏幕的全流程技术加持： 首创云导播技术，观众能像导演一样切换镜头；人工智能导演"爱芒"，能快速剪辑、生成字幕……"靠 的是内容创意，也是自研技术与内容深度共创的一次实践。"湖南广播影视集团有限公司（湖南广播电 视台）党委书记、董事长龚政文说。 文化和科技融合本身就是改革创新。以改革的思维和办法破藩篱、激活力、强保障，湖南着力探寻文化 和科技"双向奔赴"新机制。 勾画新蓝图。把文化和科技融合纳入全省重点改革事项；成立由党政主要领导任"双组长"的工作领导小 组，建立部省联动机制。湖南科学谋划，"挂图作战"，专班推进。 96部相机环形拍摄，智能算法建模……走进湖南芒果数智艺术科技有限责任公司，将商代豕形铜尊转化 为高精度三维模型，只需10分钟左右。 传统技术下，数字采集时间长、成本高，芒果数智凭借自主研发的算法，将采集效率提高10倍，成本下 降80%。公司打造的数字文博平台"山海"应用程序，上线7 ...

王青 闫骏 冯琳 事件：根据国家统计局公布的数据，2025 年 4 月，中国制造业采购经理指数（PMI）为 49.0%，比 3 月下降 1.5 个百分点；4 月，非制造业商务活动指数为 50.4%，比 3 月下降 0.4 个百分点，其中，建 筑业商务活动指数为 51.9%，比 3 月下降 1.5 个百分点，服务业 PMI 指数为 50.1%，比 3 月下降 0.2 个 百分点；4 月综合 PMI 产出指数为 50.2%，比 3 月下降 1.2 个百分点。 4 月 PMI 数据要点解读如下： 4 月制造业 PMI 指数下降 1.5 个百分点，符合预期。背后主要有两个原因：一是外部环境急剧变 化。4 月初美国对全球加征所谓的"对等关税"，我国外部经贸环境骤然生变，外需出现明显下滑，对 制造业供需两端形成较大拖累。这是 4 月制造业 PMI 指数出现近两年来最大幅度下行的主要原因。二 是季节性因素。3 月是制造业旺季，4 月制造业景气度会有季节性下行。数据显示，过去 10 年中，4 月 制造业 PMI 指数比 3 月平均低 0.8 个百分点。 数据显示，3 月新出口订单指数比上月大幅下行 4.3 个百分点，降至 4 ...

Core Viewpoint - The April PMI data indicates a decline in manufacturing while the service sector remains in expansion, suggesting potential policy adjustments in response to economic conditions [1][4]. Manufacturing Sector - The manufacturing PMI for April is reported at 49.0%, a decrease of 1.5 percentage points from the previous month, falling below the critical threshold [1][2]. - Production and new orders indices are at 49.8% and 49.2%, respectively, both showing declines of 2.8 and 2.6 percentage points, indicating a slowdown in manufacturing production and market demand [2]. - High-tech manufacturing PMI remains in the expansion zone at 51.5%, despite a 0.8 percentage point drop, demonstrating resilience and strong support from market demand and policy [3]. - The decline in manufacturing PMI is attributed to external economic changes, particularly the impact of increased tariffs from the U.S., and seasonal factors, as April typically sees a decrease following the peak in March [2][3]. Service Sector - The non-manufacturing business activity index stands at 50.4%, down 0.4 percentage points from the previous month, but still indicates expansion [4]. - The service sector PMI is at 50.1%, a slight decrease of 0.2 percentage points, with seasonal factors contributing to this change [5]. - The construction PMI is reported at 51.9%, down 1.5 percentage points, primarily due to a decline in real estate investment, although civil engineering activity shows a significant increase, indicating potential for future growth [5]. Economic Outlook - The expectation is that domestic demand will counterbalance the slowdown in external demand, becoming a key support for manufacturing sector performance [6]. - There is a prediction that the manufacturing PMI may remain in the contraction zone in May but could rebound to around 49.5% due to increased policy support [7]. - The likelihood of policy rate cuts is increasing as the manufacturing PMI remains in contraction for two consecutive months, with expectations for timely adjustments in monetary policy [1][7].

Core Viewpoint - The manufacturing PMI in April 2025 has declined compared to the previous month and the past five-year average, indicating a weakening manufacturing sector under external pressures, particularly from trade tensions with the US [1][3][4] Manufacturing PMI Analysis - The manufacturing PMI for April 2025 is reported at 49.0%, down 1.5 percentage points from the previous month and 1.3 percentage points lower than the five-year average, reflecting a decrease in manufacturing activity due to external trade pressures [2][3] - The production index within the manufacturing PMI is at 49.8%, which is 2.4 percentage points lower than the five-year average, indicating a decline in production levels [4] - The new export orders index is at 44.7%, significantly lower than the five-year average by 4.8 percentage points, primarily due to reduced exports to the US [4][5] Sector Performance - Among 15 major manufacturing sectors, only 5 have PMIs above the threshold, with 4 sectors showing a month-on-month increase, including non-ferrous metal smelting and processing, which rose by 9.1 percentage points [5] - The gap between PMIs of large, medium, and small enterprises is narrowing, with large enterprises experiencing a more significant decline [5] Non-Manufacturing PMI Insights - The non-manufacturing PMI for April 2025 is at 50.4%, which is 3.6 percentage points lower than the five-year average, indicating weaker domestic demand [6] - The service sector PMI is at 50.1%, and the construction sector PMI is at 51.9%, both reflecting a decline compared to historical averages [6] Policy Response - The Central Political Bureau meeting in April outlined measures to stabilize the economy, including accelerating existing policy implementation, introducing new policies, and preparing contingency plans [7] - Specific actions include expediting the issuance of local government bonds and establishing new financial tools to support infrastructure and industrial investments [7] Market Outlook - Economic fundamentals are expected to support the bond market, with anticipated monetary easing leading to a potential decline in interest rates for medium and long-term bonds [8]

PMI 虽有回落，政策积极发力 [Table_Authors] 侯欢(分析师) ——4 月全国 PMI 数据解读 本报告导读： 外部冲击影响加大，4 月 PMI 边际回落。接下来，或加力推动既定政策 落地见效，通过增强内需主动力作用应对外部不确定性。 投资要点： 登记编号 S0880525040074 证 券 研 究 报 告 宏观研究 /[Table_Date] 2025.04.30 2025-05-02 请务必阅读正文之后的免责条款部分 宏 观 研 究 宏 观 题 021-38676666 梁中华(分析师) 021-38676666 登记编号 S0880525040019 [Table_Summary] 2025 年 4 月，制造业 PMI 为 49.0%，比上月下降 1.5 个百分点；服 务业商务活动指数为 50.1%，比上月下降 0.2 个百分点；建筑业商务 活动指数为 51.9%，比上月下降 1.5 个百分点。 关税扰动，制造业 PMI 边际回落。制造业 PMI 由升转降，主因贸易 摩擦导致的外部环境急剧变化。不过，以内销为主的制造业经营相 对稳定，对 PMI 有所支撑。考虑到国内积极政策节奏加快，我 ...

2025年4月29日，广西广电(600936.SH)发布2025年一季报。 | 序号 | 股东名称 | 持股比例 | | --- | --- | --- | | I | 广西北部湾投资集团有限公司 | 27.84% | | | 南宁广播电视台 | 6.51% | | WN | 柳州市广播电视台 | 4.56% | | 4 | 陈宣炳 | 2.18% | | 5 | 玉林广播电视台(玉林市融媒体中心) | 1.45% | | 6 | 贵港市广播电视台 | 1.38% | | 7 | 河池市广播电视台 | 1.02% | | 8 | 北海市融媒体中心(北海日报社、北海广播电视台) | 0.88% | | 9 | 来宾市广播电视台 | 0.80% | | 10 | 桂林广播电视台 | 0.78% | 公司最新毛利率为-1.47%，在已披露的同业公司中排名第14，较上季度毛利率增加0.19个百分点，较去 年同期毛利率减少1.44个百分点。最新ROE为-43.67%，在已披露的同业公司中排名第15，较去年同期 ROE减少30.84个百分点。 公司摊薄每股收益为-0.12元，在已披露的同业公司中排名第13，较去年同报告期 ...

金融界2025年5月1日消息，国家知识产权局信息显示，中移信息系统集成有限公司；中移雄安信息通信 科技有限公司；中移系统集成有限公司；中国移动通信集团有限公司申请一项名为"异常检测处理方法 及装置"的专利，公开号CN119884934A，申请日期为2024年12月。 专利摘要显示，本说明书一个实施例提供了一种异常检测处理方法及装置，该方法包括：对待处理对象 对应的第一数据序列的序列特征进行特征转换，获得转换特征；根据转换特征和待处理对象对应的第二 数据序列的辅助序列特征，构建第一数据序列的位置特征；对位置特征和序列特征进行融合处理，获得 融合特征，并根据融合特征、辅助序列特征和序列特征，计算第一数据序列的目标序列特征；基于目标 序列特征和第二数据序列的序列特征，对待处理对象进行异常检测，获得检测结果。采用本申请实施例 能够提升异常检测的精确度。 天眼查资料显示，中移信息系统集成有限公司，成立于2020年，位于北京市，是一家以从事软件和信息 技术服务业为主的企业。企业注册资本50000万人民币。通过天眼查大数据分析，中移信息系统集成有 限公司参与招投标项目1347次，专利信息146条，此外企业还拥有行政许可10 ...