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深度 | 稳定币浪潮,如何影响汇率?【陈兴团队·财通宏观】
陈兴宏观研究· 2025-07-06 14:46
核 心 观 点 5月下旬,美国、中国香港相继通过稳定币监管法案,成为市场新焦点。在过去一年中,前五大稳定币市值增长约45%。在高速增长下,稳定币将对汇率产生 怎样的影响? 稳定币如何传导至汇率? 稳定币是通过锚定资产实现币值相对稳定的加密货币, 主要包括链下资产支持型、链上资产支持型和算法型,以美元稳定币USDT和 USDC为主。 发行机制方面, USDT通过客户存入美元后,按固定比例向客户发行等值稳定币,且将美元资金投资于高流动性资产以保证刚性兑付。 供需方面, 美元稳定币降低交易成本,提升美元需求,支撑美元指数;对弱势货币国家则可能导致本币贬值和资本外流。 风险方面, 稳定币交易快速增长带来监管难度、流 动性和市场风险,后二者叠加可能触发流动性紧缩,促使央行干预。 市场集中度方面, 2024年USDT和USDC总量占总交易量和总供应量的绝对多数,市场高度集 中。同时, 交易规模持续快速增长, 2024年增速超50%,2025年前6个月累计增速继续上行。 稳定币能救美元么 ? 对于本币而言,稳定币是一针"强心剂"。 稳定币的结算成本更低,根据coinbase研究,目前全球范围内汇款200美元的平均成本仍为汇 ...
多合作项目发布 北京朝阳区聚焦“AI+精准诊疗”打造区域品牌
Xin Jing Bao· 2025-07-06 14:46
舒毕磊介绍,下一步,朝阳区将重点推进聚焦"AI+精准诊疗"打造区域品牌;贯通成果转化全链条,推 动基础研究、应用研究与概念验证融合发展;加快重大平台和空间布局,持续优化创新生态,为数字医 疗产业高质量发展提供有力支撑,携手各界共建"健康中国"。 本次大会以"医智共振,双擎跃迁"为主题,系统呈现"AI医疗健康"在重大平台、创新应用、协同生态等 关键领域的前沿成果与机制创新,深入探讨政策机制、专病路径、数据资产等关键议题。 数据显示,医药健康产业已经成为北京重要经济产业支柱之一,去年整体规模达到1.6万亿元,首次突 破万亿元。北京市积极推动医药产业与人工智能深度融合,加快智慧医疗创新与转化应用。 新京报贝壳财经讯(记者丁爽)"朝阳区全力推动数字医疗产业发展,围绕体制机制建设,建立了'三医'协 同部门和数字医疗推进专班,从场景开放、平台建设等方面开展顶层设计和产业培育;围绕场景开放, 以专病为抓手,推动落地应用;围绕成果转化,以概念验证项目为抓手,推动生态协同服务支撑。"7月 5日,2025中国数字医疗大会(CDHC)暨第二届朝阳区数字医疗产业发展论坛上,北京市朝阳区委常委、 副区长舒毕磊在致辞中表示。 4月7日, ...
数字广告的发展趋势与挑战:从曝光到转化的破局之路
Jing Ji Guan Cha Bao· 2025-07-06 14:24
营销快讯 在当今数字化浪潮席卷全球的时代,广告行业正经历着前所未有的深刻变革与创新。随着互联网、大数 据、人工智能等技术的飞速迭代,数字广告已俨然成为企业营销战略中不可或缺的核心组成,其广告曝 光量的规模、投放策略的精度、内容创意的质量以及行业数字化转型的深度,都在深刻重塑着市场的竞 争格局,也持续影响着消费者的购买决策路径。 近年来,数字广告的曝光量呈现出爆发式增长态势。相关数据显示,全球数字广告支出在过去数年中持 续攀升,且预计未来几年仍将保持高位增长。这一趋势的背后,是消费者行为模式的巨大转变——越来 越多人将时间与精力投入数字设备,无论是通过电脑、手机还是平板,人们获取信息、娱乐休闲及社交 互动的方式都发生了根本性变革。这为数字广告开辟了更广阔的展示空间和更多元的触达机会,企业得 以借助各类数字平台,将广告精准推送至目标受众,实现大规模曝光。比如,社交媒体的信息流广告、 搜索引擎的关键词广告以及视频网站的贴片广告等,都成为企业吸引消费者注意力的重要抓手。但需注 意的是,单纯追求曝光量的增长并非长久之策,如何在海量广告中突围,吸引消费者关注并转化为实际 消费行为,才是企业需要深耕的课题。 投放策略的精细 ...
全球数字经济大会已成为促进数字经济领域交流合作的重要国际平台
Bei Ke Cai Jing· 2025-07-06 12:34
Group 1 - The core viewpoint of the article emphasizes that China's digital economy has become a significant force driving global economic development and is a key engine for new productive forces in the context of a new round of global economic transformation [1] - The 2025 Global Digital Economy Conference has been successfully held five times, serving as an important international platform for promoting exchanges and cooperation in the digital economy field, showcasing China's vibrant digital economy and Beijing's innovative practices in building a global digital economy benchmark city [1][4] - The conference achieved ten key outcomes, including the proposal for building digital-friendly cities, enhancing international influence, establishing top-tier think tanks, and creating new pathways for digital economy cooperation [4] Group 2 - The conference featured the release of significant reports and standards by various institutions, including the "Beijing Digital Economy Development Report (2024-2025)," which summarized the past year's development as "intelligent empowerment, inclusive and friendly" [5] - A presentation on the digital transformation of listed companies was made, focusing on the evaluation of digital asset value from a professional perspective [6] - The conference recognized multiple partners with awards, including a special five-year contribution award, highlighting the ongoing commitment to the digital economy [8]
湾财周报 事件 深圳半年卖房5万套;10人租四千平办公?
Nan Fang Du Shi Bao· 2025-07-06 12:28
Group 1: Company Issues - The China People's Bank's subsidiary, Jindian Cloud (Shenzhen) Digital Technology Co., Ltd., has been highlighted for excessive office space usage, renting 3937.03 square meters for only 10 employees, resulting in an average of 393.7 square meters per person, with 3041.05 square meters reported as idle [1] - Employees have confirmed awareness of the audit report, indicating that the company occupies an entire floor with a large internal space but has few staff present [1] Group 2: Real Estate Market - In the first half of 2025, Shenzhen's real estate market showed strong performance, with over 65,000 transactions, a year-on-year increase of 53.2%, and residential sales exceeding 51,000 units, up 41.8% [6][5] - New residential sales reached 21,867 units, marking a 49.3% increase year-on-year, while second-hand residential sales totaled 29,231 units, up 36.6% [6] Group 3: Financial Regulations - Starting August 1, 2025, a new regulation requires institutions to report any cash transactions of 100,000 RMB or more, aimed at enhancing anti-money laundering measures [8] - The banking sector faced significant regulatory scrutiny in the first half of 2025, with 2,755 fines totaling approximately 787 million RMB, highlighting a strict enforcement environment [9] Group 4: Alcohol Industry - The recent "ban on alcohol" in government settings has impacted the high-end liquor market, with a noted decline in consumption and market sentiment, although the actual effect on overall sales may be limited [4]
惠家生活平台正式发布 构建本地生活数字化赋能体系
Sou Hu Cai Jing· 2025-07-06 12:17
Core Insights - The article discusses the launch of a new digital service platform, Huijia Life, aimed at transforming the local lifestyle service industry through digitalization [1][3]. Group 1: Platform Features - Huijia Life integrates advanced technologies such as internet technology, AI algorithms, and big data models to provide comprehensive digital solutions for physical businesses [3]. - The platform addresses challenges faced by physical merchants, including customer acquisition difficulties, high costs, and supply chain optimization needs, by creating a complete empowerment logic [3]. - It enables online customer attraction by breaking geographical barriers and utilizes AI and big data to develop precise marketing strategies [3]. Group 2: Cost Efficiency and Ecosystem - The platform optimizes supply chain processes to reduce procurement and operational costs for merchants, fostering a positive ecosystem among consumers, merchants, and business development personnel [3]. - Huijia Life promotes green consumption initiatives in response to national policies, aiming to boost consumer spending and stimulate economic circulation [3]. Group 3: Service Offerings - The platform offers various services to facilitate the digital transformation of merchants, including online coupon distribution, targeted marketing for members, and professional training for staff [3]. - Customized marketing solutions are provided to merchants to enhance their market presence [3]. Group 4: Industry Strategy and Vision - Huijia Life has strategically planned five major industries, including convenience stores, fresh produce, dining, cultural tourism, and health, with over 100 brand chains to meet diverse consumer needs [5]. - The company aims to train 100,000 digital marketing professionals and empower 1 million physical businesses to achieve digital transformation within three years [5]. - The platform adheres to the philosophy of "co-building, co-creating, sharing, and winning" to explore new opportunities in local lifestyle digital services [5].
第三十一届兰洽会吸引国内外2000余家企业参展
Xin Hua Wang· 2025-07-06 10:12
Group 1 - The 31st China Lanzhou Investment and Trade Fair opened in Lanzhou, Gansu Province, attracting over 2,000 domestic and international enterprises to participate [1] - The theme of this year's fair is "Sharing Opportunities, Seeking Development, Creating Prosperity," with Indonesia as the guest country, and participation from over 20 countries including Germany, Spain, Russia, Malaysia, and Iran [1] - The fair features four exhibition areas focusing on international cooperation along the Silk Road, regional cooperation, Gansu's unique industries, and fashion consumer goods, showcasing nearly 40 categories and over 10,000 products [1] Group 2 - The Lanzhou Fair is the largest and most influential international economic and trade event in Gansu Province, having been held 31 times since its inception in 1993, serving as a "golden signboard" for the province's opening up and investment attraction [2] - This year's fair has signed 1,181 investment projects with a total signed amount exceeding 650 billion yuan, covering sectors such as renewable energy, equipment manufacturing, specialty agricultural products, food processing, new materials, digital information, and non-ferrous metallurgy [2]
32543.6亿元、9200.5亿元,增长、活跃!“关键词+数据”透视经济活力
Yang Shi Wang· 2025-07-06 03:33
央视网消息:从最新发布的数据中,感知中国经济活力。 2025年前5个月:我国服务贸易同比增长7.7% 1—5月,旅行服务继续快速增长,进出口达9200.5亿元,增长12.2%,为服务贸易第一大领域。 科技创新与制造业高质量发展加快推进 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,有效助推经济增长和产业结构升级。 国家税务总局公布的最新数据显示,2025年1—5月,支持科技创新和制造业发展的主要政策减税降费及退税达6361亿元。 6月份中国大宗商品价格指数继续回升 商务部最新数据显示,前5个月,我国服务进出口总额32543.6亿元人民币,同比增长7.7%。其中,出口14033.7亿元,增长15.1%;进口18509.9 亿元,增长2.7%。 服务贸易稳步增长的同时,结构进一步优化。1—5月,知识密集型服务进出口12492.7亿元,增长5.0%。 增值税发票数据显示,1—5月,高技术产业销售收入同比增长14.2%,明显快于全国总体增速。 1—5月,我国制造业企业销售收入同比增长4.2%。其中,数字产品制造业、高技术制造业销售收入均保持两位数增长。 中国物流与采购联合会7月5日公布,6月份,中国大宗商品 ...
建设数字友好城市,全球数字经济大会签约总额超百亿
Di Yi Cai Jing· 2025-07-06 02:50
Group 1: Global Digital Economy Alliance - Beijing has initiated the establishment of a Global Digital Economy City Alliance with over 40 partner cities from Europe, North America, Asia-Pacific, the Middle East, and Latin America, focusing on building digital-friendly cities [1] - The alliance aims to address key issues such as digital infrastructure development, cross-border data governance, AI ethics, and smart city applications, promoting collaborative urban development and digital governance innovation [1] Group 2: Digital Transformation in Cities - China's smart city construction has achieved significant breakthroughs, with Beijing's digital economy growing rapidly during the 14th Five-Year Plan, particularly in strategic emerging industries like intelligent connected vehicles and AI [2] - By 2027, a noticeable effect of nationwide urban digital transformation is expected, with a goal for comprehensive breakthroughs by 2030, emphasizing the need for innovative technology and integration of production forces [2][3] Group 3: Digital Finance Market - China's digital finance market is the largest globally, with financial technology companies accelerating their international expansion, supported by innovative technologies bridging the "technology gap" for small and medium-sized institutions [4] - To further promote digital finance development, four key areas of focus include adhering to technology neutrality, establishing a robust data security governance system, customer-centric innovation in financial products, and enhancing international cooperation [4] Group 4: AI in Financial Services - The financial industry is entering an "AI moment," with the application of AI technologies accelerating across both large and small financial institutions, necessitating a comprehensive digital transformation strategy [5] - China's global financial competitiveness has risen to fourth place, with significant improvements in financial technology competitiveness, driven by the rapid development of the fintech industry [5]
新华财经早报:7月6日
Xin Hua Cai Jing· 2025-07-06 00:32
Domestic News - The domestic fuel surcharge for air travel will be increased starting from July 5, 2025, with a fee of 10 yuan for flights under 800 kilometers and 20 yuan for flights over 800 kilometers [2][3] - The Ministry of Commerce announced that 34 EU companies will not be subject to anti-dumping duties on brandy exports to China if they meet price commitment conditions [2][3] - The cumulative gas production of the Shanxi coalbed methane field has exceeded 20 billion cubic meters, making it the first coalbed methane field in China to reach this milestone [3] - The Beijing Digital Economy Development Report (2024-2025) indicates that Beijing ranks second globally in digital economy benchmarks, showing improvement in data factor allocation, digital industry leadership, and innovation capabilities [3] - The Hong Kong Stock Exchange has launched an Integrated Fund Platform (IFP) with participation from 33 fund distributors, custodians, and fund companies, including 12 Chinese securities firms [3] International News - OPEC+ announced an increase in oil production by 548,000 barrels per day starting in August, with major oil-producing countries accelerating production [2][6] - The U.S. government plans to set new unilateral tariff rates, with potential rates ranging from 10% to 70%, effective from August 1 [6]