重要的消息有哪些 1．商务部新闻发言人就美针对无人机领域增列"不可信供应商清单"事答记者问，有记者问：近日，美国联邦通信委员会（FCC）发布公告，宣 布将所有外国生产的无人机系统及其关键零部件等列入"不可信供应商清单"（Covered List），请问中方对此有何回应？答：美方以所谓"国家安 全"为由，将所有外国生产的无人机系统及其关键零部件等列入"不可信供应商清单"，中方对此坚决反对。近年来，美方不顾中美两国企业开展 正常商业交易和贸易往来，不顾中美两国业界的强烈呼声，一再泛化国家安全概念，动用国家力量打击包括中国企业在内的他国企业，这是典型 的市场扭曲和单边霸凌做法。中方敦促美方停止错误做法，立即撤销有关措施。若美方继续一意孤行，中方将坚决采取必要措施，坚定维护中国 企业的正当权益。 2．12月23日，外交部发言人林剑主持例行记者会。就美国联邦通信委员会将包括大疆公司在内的所有非美国制造的无人机列入"受管制清单"， 外交部发言人林剑23日在例行记者会上表示，中方坚决反对美方泛化国家安全概念，划设歧视性清单，无理打压中国企业。美方应纠正错误做 法，为中国企业经营提供公平公正、非歧视的环境。 3．全国住房城乡 ...

巨变之下，平台与公司都需要寻找"更确定性的增长"直面挑战，穿越周期。沧海横流，方显英雄本色。今年，娱乐独角兽将继续推进"年度盘 点"和"年度专访"，从短剧、长剧集、综艺、音乐等多维度盘点年度行业事件和标杆公司，试图记录和追寻行业的发展趋势和变化脉络。我们 将在"年度盘点"系列文章中，分享一系列产业观察。 本文为"年度盘点"专刊第三篇。2025年的长剧市场，超头消失、平台剧王登场，市场水位下行已无可回避，内容、演员、制作公司洗牌更加激 烈，我们也试图在今年的作品中找到一些"确定性"答案。 《藏海传》是优酷剧王，是云合、猫眼、灯塔等全网播放量冠军；《许我耀眼》是腾讯视频剧王，云合集均TOP1，在小红书、抖音上断层登顶；《生万 物》是爱奇艺剧王，多平台日峰值年冠/史冠；《国色芳华》是芒果剧王…… 无论这一年里长剧市场曾多少次陷入到爆款缺失、短剧上行的"焦虑"里，都在岁末转化成了一份"热闹"。"剧王之争"，正在成为当下最火热的文娱议题。 2025年的文娱行业，形势更加复杂多变。电影市场终破500亿票房大关，动画电影撑起半壁江山，女性观众成主要观影力量；剧集市场"长短相 融"趋势显著，冷热起伏，古装剧，年代剧，都市剧有 ...

Core Insights - The media industry is at a critical juncture with the accelerated development of AI applications and an upward cycle in the entertainment sector, with strong performance expected in 2025 and continued strength in 2026 due to product and policy resonance [1][2] AI Applications - The issuance of the "Opinions on Deepening the Implementation of 'Artificial Intelligence+'" by the State Council in August 2025 marks AI's elevation to a national strategic level, potentially creating new ecosystems, scenarios, and businesses similar to the "Internet+" trend [3] - Domestic IPs like "Nezha" and "Black Myth: Wukong" are not only popular in China but are also gaining global traction, showcasing the vitality of entertainment content from the internet era [3] Industry Performance - The media index saw a maximum increase of over 40% within the year, with the gaming sector leading the charge, achieving a maximum increase of 98.45% [2] - In the first three quarters of 2025, the media industry reported a robust total operating income, with net profit attributable to shareholders growing nearly 40% year-on-year, driven primarily by the gaming sector, which saw a net profit increase of nearly 90% [2] Policy Impact - The introduction of new policies by the National Radio and Television Administration in August aims to promote innovation in the entertainment industry, injecting new vitality into content creation [3] - Following several years of a "cold winter" in the film and television sector, the gradual removal or adjustment of existing regulatory policies is expected to lead to a reversal in both policy and performance for the entertainment industry [4] Future Outlook - The launch of multiple new games in 2025 has shown high traffic and revenue, which is expected to continue into 2026, with upcoming titles like "Honor of Kings World," "Yihuan," and "Famous Generals Kill" generating anticipation in the gaming market [4] - The company recommends focusing on sectors such as gaming, film, AI applications, and IPs based on the development of AI and the upward cycle of the cultural entertainment sector [5]

Core Viewpoint - The arrival of the digital intelligence era is significantly impacting the film industry, leading to both challenges and opportunities for creators as they navigate technological advancements and reimagine traditional filmmaking practices [6][15]. Group 1: Impact of Sound Technology - The introduction of sound in film marked a transformative change, evolving from silent films to synchronized sound, which initially slowed production but ultimately enriched narrative techniques [7][8]. - Technological advancements in sound, such as multi-track recording and directional microphones, have enhanced the clarity and immersive quality of film audio, allowing for a more complex auditory experience [8][9]. Group 2: Visual Technology Advancements - The transition from black-and-white to color films post-World War II revitalized the industry, as innovations like Technicolor and Cinemascope improved audience engagement and established new aesthetic standards [9][10]. - Iconic films utilizing these technologies, such as "The Wizard of Oz" and "Gone with the Wind," set benchmarks for visual storytelling and contributed to the resurgence of cinema against the backdrop of television's rise [10][11]. Group 3: Digital Technology Revolution - The shift from film to digital media represents a fundamental change in filmmaking, altering the production, editing, and distribution processes, and enhancing efficiency and flexibility [11][12]. - Digital technologies have redefined film aesthetics, allowing for imaginative storytelling that transcends physical reality, exemplified by films like "Avatar" that create immersive worlds [13][14]. Group 4: Evolution of Creative Ecosystem - The digital intelligence era is fostering a new collaborative relationship between humans and technology in filmmaking, where both elements work together to expand creative possibilities [15][16]. - This era challenges traditional notions of filmmaking, prompting a reevaluation of what cinema can be and how it can express human thought and emotion dynamically [16].

报告正文 = 文 | 赵伟、屠强 联系人 | 屠强 耿佩璇 图 39: 上周，高炉开工率位于低位 全国高炉开工率 (247家) • 2022 ··· 2019 ■ ■ ■ · 2020 2021 2023 2025 -- 2024 % 85 80 75 70 65 1月 2月 3月 4月 5月 6月 7月 8月 9月 10月 11月 12月 1.生产高频跟踪：工业生产延续弱势，建筑业开工有所分化 工业生产中，高炉开工、钢材表观消费均不及去年同期。 上周（12月14日至12月20日），高炉开工率 环比-0.1%，同比回升0.8个百分点至-1.1%；钢材表观消费环比-0.5%、同比回升0.7个百分点至-4.1%。钢材 社会库存延续回落，环比-3.7%。 石化链开工边际改善，消费链开工相对较弱。 上周（12月14日至12月20日），石化链中，纯碱开工率 环比-1.6%，同比上行4.3个百分点至0.9%；PTA开工率持平前周、同比回升2.3个百分点至-8.4%。下游消费 链中，涤纶长丝开工率有所回升，环比0.2%、同比回落0.4个百分点至-0.4%；汽车半钢胎开工率表现偏弱， 环比-0.2%、同比回落0.1个百分点至 ...

Core Insights - The article discusses the rising trend of interactive film and game (interactive影游) projects in the entertainment industry, particularly highlighting the success of the interactive game "江山北望" developed by欢瑞世纪, which has seen significant stock price increases due to its innovative approach combining AI, short dramas, and gaming elements [2][4][6]. Group 1: Company Performance - 欢瑞世纪's stock price experienced a surge, hitting a nearly eight-year high of 9.75 yuan, attributed to its exploration in AI, short dramas, and gaming [2]. - The interactive game "江山北望" launched on November 20, quickly entered the top ten of the national sales chart within three hours, achieving over 120 million USD in sales with an estimated 130,000 units sold [4]. Group 2: Product Features - "江山北望" integrates narrative elements from live-action films with interactive gameplay, utilizing AI technology to enhance plot logic, indicating a shift in content creation strategies within the industry [6][9]. - The game emphasizes player experience with over 600 minutes of gameplay and hundreds of key plot points, allowing for meaningful choices that affect the storyline [7]. Group 3: Market Trends - The interactive film and game sector is gaining traction among entertainment companies, with more firms looking to invest in this area as a new business direction, reflecting a broader trend of technology integration in entertainment [6][20]. - The success of "江山北望" is contrasted with other titles, such as "盛世天下," which, despite high sales, faced challenges in player engagement and retention, highlighting the competitive landscape of interactive gaming [18][20]. Group 4: Industry Dynamics - The article notes that the interactive film and game format offers a lower-cost entry point for production, typically requiring 1 to 2 million yuan, and a shorter production cycle, making it accessible for smaller companies [26][27]. - The trend of "影游联动" (film-game synergy) has been prevalent for over a decade, with companies eager to capitalize on the lucrative gaming market, especially following successful adaptations of popular IPs [20][22]. Group 5: Future Outlook - Despite the challenges in replicating blockbuster success, the interactive film and game genre is seen as a valuable exploration avenue for companies, allowing them to engage directly with paying users and potentially achieve long-tail effects [38]. - The industry is still in the exploratory phase, with companies actively seeking innovative approaches to meet market demands and enhance production experiences [29].

Group 1 - The core viewpoint of the articles revolves around the significant impact and ongoing competition in the Intellectual Property (IP) market, particularly in the film and entertainment sectors, highlighting the success of "Zootopia 2" in China and the escalating IP acquisition battles among major companies like Netflix and Paramount [1][3][4]. - "Zootopia 2" has achieved a cumulative box office of over 3.8 billion yuan, ranking as the second highest-grossing film in the domestic market for 2025, showcasing the strong IP effectiveness with over 70 collaborations across various consumer categories [1]. - The IP competition is intensifying globally, with Netflix's proposed acquisition of Warner Bros. for $82.7 billion and Paramount's counteroffer of $108.4 billion, indicating a strategic shift in Hollywood's landscape towards IP ownership [3][4]. Group 2 - The article discusses the dual nature of IP expansion overseas, with companies like Pop Mart excelling in content e-commerce while others struggle to enhance their IP influence despite efforts in Southeast Asia [5]. - Short dramas, which have abandoned traditional IP effectiveness, are experiencing significant success due to their adaptability to global audiences, with the overseas market projected to reach $3.6 billion by 2025 and $6 billion by 2026, reflecting a 65% year-on-year growth [6]. - The challenges faced by Chinese animated films in overseas markets are highlighted, with examples like "Ne Zha" and "The Lion Boy" showing limited success abroad, indicating a high understanding cost for international audiences [8][10]. Group 3 - The article emphasizes the importance of cultural resonance in overseas markets, suggesting that Chinese animated films often struggle due to their reliance on culturally specific narratives that do not translate well [10][12]. - Successful examples of Chinese animation, such as "The King's Avatar," demonstrate the potential for global appeal when leveraging high-quality production and relatable themes [12][14]. - Disney's strategy of localizing content and enhancing the experience economy is presented as a model for sustaining IP longevity, with the opening of the Zootopia-themed park in Shanghai being a key development [19][23]. Group 4 - The article outlines the challenges faced by Chinese IP companies in executing overseas projects, citing the example of a collaboration between Yuewen and Universal Studios that faced significant cost overruns and marketing challenges [24][26]. - The rapid growth of pop-up stores as a common method for IP activation is noted, with over 191 pop-up events occurring in major Chinese cities during the 2025 National Day period, although many lack innovative approaches [29][30]. - The need for a shift in perspective towards more creative and experiential IP strategies is emphasized, as current practices often focus on quick profits rather than sustainable engagement [31][32].

Group 1 - The investment strategy is focused on three main directions: 1) breakthroughs in technology AI led by Deepseek, 2) economic recovery with a "stronger stronger" market style, and 3) the rise of undervalued assets [1] - The top five sectors with net inflows include lithium batteries, new energy vehicles, semiconductors, non-ferrous metals, and PCB boards [1] - The leading concepts with net inflows are solid-state batteries, sodium batteries, lithium iron phosphate, Ningde Times concept stocks, and energy storage [1] Group 2 - The sodium battery industry is entering a "critical window period" with simultaneous technological breakthroughs and commercial applications, although challenges in supply chain and standardization remain [3] - Sodium batteries are expected to target cost-sensitive markets, while lithium batteries will maintain advantages in high energy density and premium applications [3] - The domestic equipment sector is projected to see a rapid increase in localization rates, with a 20-30% growth in orders for leading equipment manufacturers by 2025 [5] Group 3 - The gaming sector is expected to grow steadily, with a focus on companies with strong performance and the potential for new product launches [5] - AI applications are anticipated to accelerate commercialization, particularly in advertising and e-commerce [5] - The film industry is benefiting from policy support and the integration of AI technology in production, leading to rapid commercialization of AI-driven content [5] Group 4 - The Shanghai Composite Index shows a W-bottom pattern indicating potential momentum for January, although low trading volume is a concern [9] - The A-share market is likely to continue a "slow bull" trend in 2026, supported by the implementation of the 14th Five-Year Plan and a relatively stable export outlook [9] - The ChiNext Index has shown strong performance since late December, but many individual stocks have lost their annual gains, indicating challenges in stock performance for 2025 [9]

广州会展规模全国领先，历来重视展会版权保护工作。自2003年第93届广交会起，广州版权部门组织专 业人员进驻广交会，提供版权咨询与投诉处理服务，累计受理各类咨询及投诉超1万人次。多年来广州 已经形成了全市"一盘棋"的展会版权保护工作格局，结合打造的"创意花房"广州版权工作站品牌，持续 深入影博会、文交会、羊城书展、民间工艺展、跨境交易展、科技节等大型节展会设立版权工作站，开 展"展会里的版权故事"系列研学活动。通过精准化、场景化的"一站式"服务，指引参展企业防范化解版 权风险、合法合规开展经营。 广州市版权局相关负责人表示，未来广州将持续深化"创意花城"版权工作品牌建设，整合版权管理、服 务、产业等多方面资源，以更开放的平台、更完善的机制、更融合的生态，推动版权理念深入人心、版 权人才不断涌现、版权产业蓬勃发展，为文化强市建设提供版权支撑。 "创意花房"广州展会版权工作站以重点展会为服务阵地，为参展商、市民提供版权法律知识咨询、版权 登记及资助政策宣讲、版权维权问题解答等"一站式"便捷服务，通过一对一精准服务模式，切实解决企 业运营及市民日常生活中遇到的版权疑惑。凭借专业高效的服务团队、精准的服务内容，"创意 ...

Core Viewpoint - The article highlights actor Xiao Zhan's reflections on his role as a father and husband in the film "De Xian Jin Zhi," emphasizing the importance of attitude and responsibility in his performance [1] Group 1: Actor's Insights - Xiao Zhan expresses that his approach to acting is driven by a desire to do his best, distinguishing between ability and attitude [1] - He shares his initial thoughts on portraying a father, focusing on interactions with children and the responsibilities that come with the role [1] - The actor describes a transformation during filming, feeling an innate sense of responsibility and readiness to protect his family [1] Group 2: Audience Connection - Xiao Zhan notes the audience's interpretations of the film, appreciating the diverse perspectives that enhance the viewing experience [1] - He recounts a touching moment at the premiere with a father who connected with the story, highlighting the film's ability to bridge generational experiences [1] - The film aims to convey values that resonate with contemporary audiences, creating emotional connections through its narrative [1]