本版文章由中经记者吴清采写 然而，在这场席卷全球的"降税"浪潮中，中国市场却成为显眼的"例外"。截至目前，中国开发者仍需向 苹果支付高达30%的标准佣金（年收入100 万美元以下中小开发者为 15%），且被严格禁止使用第三方 支付或引导用户至网页端交易。据统计，2024年中国消费者缴纳的苹果税总额达64.4亿美元，占苹果中 国区营收的约10%，明显高于美国和欧洲的比例。 更令人关注的是，苹果此前甚至加强了对"热更新""跳转H5支付"等本土化变通方式的封禁力度——苹果 在中国地区下架了近3万个App应用，其中游戏类应用超过1万个。 为何在全球监管趋严、司法推动、开发者抗争三重压力下，中国反而成为苹果税的"最后高地"？这一现 象背后，既有监管逻辑的深层差异，也有市场结构的独特性，更折射出中国在数字主权、生态治理与产 业政策之间的复杂权衡。 本期商业案例，《中国经营报》记者通过采访开发者、行业分析师、法律专家及接近监管部门的人士， 系统梳理苹果税的全球博弈与中国现状，剖析其高企背后的制度、市场与战略因素，并探讨未来走势及 多方应对策略，试图为构建一个更公平、更可持续的中国应用生态提供理性思考。 1.全球集体松动：从 ...

面对复杂多变、基建迥异的海外环境，中国企业化海外挑战为市场机遇，实现国际化增长突破的同时， 从 "全球化参与者" 转向 "全球化规则贡献者" 。 EDGE AWARDS创新评选始终以"潜在价值"为核心，着眼于世界前沿科技，是具有权威性、先锋性和敏 锐挖掘力的全球创新榜单。多年来，EDGE AWARDS创新榜单记录了许多扬帆出海入局全球市场的先 锋企业。今年，新一批出海探索者又创作出全球化的新篇章。2025 年 EDGE AWARDS 全球创新评选 ——"年度全球化公司榜" 现已荣耀揭榜，以下是完整获奖名单： 全球化先锋企业 该榜单颁发给在2025年波动的国际形势下，仍坚定出海、并在海外市场取得突破性成绩、收获客户信 任、市场优良反馈、以及高营收的中国企业和品牌。他们既可以是新型消费类公司和科技企业，也囊括 提供数字化产品和服务的中国企业。 ECARX 2025年，在海外政策充满变动的情况下，中国企业从跨境走向深入本地化，从出海加速走向全球化。 今年年初以来，美国政府相继颁布"取消800美金以下跨境小包免税"、"对等关税"等政策，欧盟推出 《新电池法》、"取消跨境小包免税"政策。在多项国际政策变动之下，中国企业 ...

Core Insights - The article discusses various significant events and trends in the technology and investment sectors, highlighting issues such as cybersecurity attacks, executive movements, and market performance in different industries. Group 1: Cybersecurity and Company Responses - Kuaishou experienced a severe cybersecurity incident on December 22, where explicit content flooded multiple live streams, causing user panic. The company reported that it was a result of a gray-black industry attack and has since taken measures to address the issue and reported it to the authorities [3][5]. Group 2: Executive Movements - Feng Jiashi, a key figure in ByteDance's AI model development, has joined Tencent as the head of the multimodal team at the AGI Research Center. His previous experience includes significant roles in academia and industry, indicating a strategic move for Tencent in AI development [5][6]. Group 3: Market Performance - Sanya's duty-free sales have seen remarkable growth, with daily sales exceeding 100 million yuan for three consecutive days, reaching 1.18 billion yuan on December 18, and showing a year-on-year increase of 45.8% and 47% on subsequent days [6][7]. - The number of billionaires in mainland China is projected to increase by 70 by 2025, with a total of 470 billionaires, second only to the United States. The total wealth of these billionaires is expected to reach 15.8 trillion USD, marking a 13% increase [6][7]. Group 4: Technology and Product Developments - Xiaomi's upcoming flagship model, the Xiaomi 17 Ultra, is set to increase in price due to rising memory costs, which have been exacerbated by the growing demand for high-performance computing [7]. - OpenAI has reportedly improved its profit margin for paid products, achieving a 70% computing profit margin by October, up from 52% at the end of 2024, indicating a strong financial performance in the AI sector [14]. Group 5: Investment and Financing Activities - Several companies have recently completed significant funding rounds, including Zhi Yuan Pharmaceutical with nearly 300 million yuan in Pre-IPO financing, and Shanghai Blueprint Aviation with 500 million yuan in A-round financing, reflecting a robust investment climate in the tech and healthcare sectors [20][20][20].

来源：环球网 【环球网科技综合报道】12月17日消息，因在《神界》（Divinity）新作开发中引入生成式AI技术，拉 瑞安工作室（Larian Studios）陷入舆论漩涡。面对玩家与部分前开发者的质疑，工作室首席执行官斯文 ·文克（Swen Vincke）在社交平台回应争议，并明确划定AI技术使用红线。 面对质疑，Vincke通过社交平台发布正式声明，强调拉瑞安对AI技术的定位与使用原则。他明确表示， 所有机器学习（ML）工具在工作室内部均被视为创意团队的"增量"而非"替代品"，其唯一目的是通过 自动化处理重复性繁琐事务（如基础代码编写、素材优化等），为开发者腾出更多时间专注于核心创作 环节。 "我们不会发布任何包含AI生成组件的游戏内容，更不会因引入AI技术而裁减团队。"Vincke在声明中郑 重承诺。他进一步解释，拉瑞安的开发理念始终以人类创意为核心，AI仅作为辅助工具存在，例如加 速原型设计或优化测试流程，但最终决策与内容把控仍由人类团队主导。（青山） 此前在接受彭博社采访时，Vincke证实团队已将生成式AI技术纳入开发管线，并称内部员工对此"基本 接受"。然而，这一表态迅速在Reddit、Blu ...

2025年是科技引领、转型加速的一年。以"杭州六小龙"为代表的一批前沿科技企业崭露头角，在人工智 能、机器人、游戏开发等领域取得突破性进展；在城市发展方面，"现代化人民城市"建设逐步推进，通 过大数据、云计算等先进技术，实现城市管理的精细化、智能化；"育儿补贴"全面升级，大大缓解了年 轻家庭的压力，为社会人口结构的优化和家庭稳定奠定了坚实基础。 苏超、票根经济等入选2025年度十大新词语 中新社北京12月16日电 (记者 应妮)"2025年度十大新词语"16日发布，依次为：苏超、票根经济、杭州 六小龙、现代化人民城市、育儿补贴、跨境支付通、对等关税、新大众文艺、轻体、拉布布。 中国国家语言资源监测与研究中心发布上述新词语并予以注解： 2025年是蓬勃发展、锐意创新的一年。城市特色体育联赛如雨后春笋般涌现，其中以"苏超"最为瞩目， 它不仅激活了地域文化，还成为城市品牌推广的新引擎；"票根经济"的兴起，不仅让电影票、演出票等 传统票根焕发新生，电子票务凭证也融入AR技术、区块链等高科技元素，进一步激活了链式消费潜 力。 编辑：郭晋嘉 广告等商务合作，请点击这里 本文为转载内容，授权事宜请联系原著作权人 中新经纬版 ...

Core Viewpoint - A legal dispute between Shanghai Mihayou Yingtie Technology Co., Ltd. and Envision Energy Co., Ltd. has attracted market attention, with the trial set for December 9, 2025, regarding allegations of commercial defamation related to the game "Honkai: Star Rail" [1] Group 1: Legal Dispute - The lawsuit arises from the portrayal of a fictional entity named "Envision Industries" in Mihayou's game, depicted as engaging in violent demolitions, which Envision Energy claims damages its reputation [1] - Envision Energy previously sent a communication letter to Mihayou requesting changes to the character names and settings, which Mihayou refused, citing creative freedom [1] - Mihayou has filed a counterclaim accusing Envision Energy of commercial defamation, with the counter lawsuit also scheduled for December 9, 2025 [1] Group 2: Company Overview - Envision Energy, established in 2008, is a core enterprise under Envision Group, focusing on wind power equipment R&D and energy storage station construction [2] - Envision Group's business includes Envision Energy, Envision Power, Envision Intelligent, Envision Capital, and the Envision Formula E team, with Envision Energy, Envision Power, and Envision Intelligent recognized as industry unicorns [2] - As of 2025, Envision Energy's valuation has increased to 110 billion yuan, while Envision Power's valuation reached 73 billion yuan, both ranking among the top 100 globally [2]

Group 1 - The economic cooperation between China and France in Sichuan has shown significant results, with 186 French-invested enterprises established in the province by October 2025 and a 32.7% increase in imports from France amounting to 3.51 billion RMB in the first ten months of this year [2] - Major French companies such as Airbus, Alstom, Veolia, Danone, and Axa have established a presence in Sichuan, contributing to collaboration in sectors like aerospace, automotive manufacturing, mechanical equipment, energy conservation, and education [2] - Airbus has set up its first aircraft lifecycle service center outside Europe in Chengdu, which has been operational for nearly two years, and the A330neo aircraft recently began its tour in China, with Chengdu as one of the stops [2] Group 2 - Axa Insurance has been operating in Sichuan for 21 years and aims to continue expanding its influence in China, reflecting the growth of Sino-French relations [3] - The electronic information industry in Sichuan has become a trillion-yuan industry, with the French company Air Liquide establishing a significant presence in the region since 2009, supplying gases to local electronic information enterprises [4] - Ubisoft Chengdu, established in 2008, has grown into a major game development center, leveraging local talent and the vast Chinese market, contributing to the digital cultural industry in Chengdu [4][7] Group 3 - Danone has established a significant production and logistics base in the Qionglai Economic Development Zone, supplying products to multiple regions including Sichuan, Chongqing, Yunnan, Guizhou, and Tibet [7]

Group 1 - The core theme of the forum was "Innovation Without Boundaries, Smart Vision for the Future," focusing on the development of the new economy in the Guangdong-Hong Kong-Macao Greater Bay Area [1] - Unity China's CEO, Zhang Junbo, emphasized that the company will not develop its own foundational AI models but will integrate leading AI capabilities into its development tools to support Chinese developers [1][2] - Unity China aims to enhance creative efficiency through the launch of the Unity Graph intelligent creation platform, which connects with top AI models for 3D generation and skeletal animation [1] Group 2 - Unity China has adapted to the domestic market since its independent operation in 2022, recognizing the significant mini-game ecosystem in China, which is expected to generate over 100 billion yuan in market size within the next 12 months from platforms like WeChat and Douyin [1] - The localized "Unity Engine" was launched to meet the demands of domestic developers and the mini-game ecosystem, achieving nearly 550,000 downloads and significant penetration in leading mini-games [2] - Over 85% of new energy vehicles in China utilize Unity technology for their 3D interactive interfaces, with more than 1.2 million mass-produced models, highlighting the importance of real-time 3D technology in defining smart vehicle experiences [3] Group 3 - The rise of embodied intelligence has revitalized the concept of "digital twins," transitioning from mere visualization to operational-level digital twins, which are essential for monitoring, planning, and training robot clusters in industrial settings [3]

Core Insights - The article highlights the continued high level of institutional research activity, with 254 listed companies disclosing investor research records as of November 28 [2] - Over 80% of the companies that were researched by institutions achieved positive returns, with notable performances from Hai Xin Food, Tongyu Communication, and others [3] Group 1: Institutional Research Highlights - Jerry Holdings received attention from 168 institutions, focusing on its gas power generation business and recent oil and gas engineering orders [7] - Fu Lai New Materials was researched by 106 institutions, showcasing its third-generation electronic skin technology that integrates flexible materials, chips, algorithms, and large models [6][11] - Popular gaming companies Century Huatong and Kaiying Network were also under institutional scrutiny, with Century Huatong receiving 96 institutional inquiries [13][14] Group 2: Company-Specific Developments - Jerry Holdings has secured over $100 million in sales orders for generator sets for North American data centers, emphasizing its competitive edge in power generation equipment [9] - Fu Lai New Materials has transitioned from a material supplier to a smart sensing solution provider, achieving breakthroughs in tactile sensing technology [12] - Century Huatong's chairman emphasized the importance of the gaming industry in driving AI development and its strategic direction towards connecting the digital world through gaming [13][14] - Kaiying Network clarified its strategic investment in Century Huatong, indicating that the financial impact of its stock holdings will not affect current profits but will enhance its market competitiveness [15]

Core Insights - Over 80% of stocks researched by institutions achieved positive returns, with Hai Xin Food gaining 45.4% and Tongyu Communication rising by 39.1% [1] - Popular stocks under research included Jereh Petroleum Equipment, which received attention from over 168 institutions, and Fule New Materials, which was researched by 106 institutions [3][4] Jereh Petroleum Equipment - Jereh Petroleum Equipment received 168 institutional visits due to numerous oil and gas engineering orders, leading to a stock price surge [5] - The company has developed a comprehensive gas power generation product system, including gas turbine generator sets and energy storage devices, catering to various applications [7] - Jereh has secured over $100 million in sales orders for generator sets for North American data centers, highlighting its competitive edge in reliability and responsiveness [7] Fule New Materials - Fule New Materials launched its third-generation electronic skin, integrating flexible materials, chips, algorithms, and large models, attracting significant institutional interest [9] - The company has transitioned from a material supplier to a smart sensing solution provider, achieving breakthroughs in tactile sensing technology [11] - Fule's electronic skin addresses the limitations of robotic touch, enhancing the interaction capabilities of humanoid robots [11] Century Huatong and Kaiying Network - Century Huatong was researched by 96 institutions, focusing on its outlook for the gaming industry and core competitiveness [12] - The company emphasizes the importance of gaming in driving technological advancements, particularly in AI [12] - Kaiying Network received attention from 87 institutions, with investors inquiring about its strategic investment in Century Huatong and its impact on financial statements [13][14] - Kaiying Network plans to retain its shares in Century Huatong for strategic collaboration, enhancing market competitiveness [14]