ab Global Research 3 July 2025 China Economic Comment Data Preview: Robust Q2 Growth, More Headwinds Ahead High frequency: better PMIs, weaker home sales, cooler port activities NBS manufacturing PMI edged up by 0.2ppt to 49.7 and Caixin PMI jumped by 2.1ppt to 50.4 in June, with both new orders and production index improving. NBS non- manufacturing PMI edged up by 0.2ppt to 50.5 in June with slightly softer service PMI but stronger construction PMI. 30-city property sales declined further to -10% YoY in Ju ...

转自：新华财经 新华财经北京7月7日电 （胡晨曦）A股三大指数7月7日涨跌不一，沪指全天窄幅震荡微涨；创业板指、 深证成指则低开低走。盘面上，电力、电网股逆势爆发，华银电力等10余股涨停；跨境支付、稳定币概 念反复活跃，中亦科技、京北方、信雅达等多股涨停；地产股盘中拉升，渝开发、沙河股份、南山控股 等涨停。下跌方面，创新药概念冲高回落，科兴制药跌超14%。 截至收盘，沪指报3473.13点，涨幅0.02%，成交4762亿元；深证成指报10435.51点，跌幅0.7%，成交 7325亿元；创业板指报2130.19点，跌幅1.21%，成交3465亿元。 热点板块 盘面上，电力、房地产、多元金融、中船系、跨境支付、足球等板块和概念股涨幅居前；生物制品、医 疗服务、能源金属、减肥药、创新药、存储芯片等板块和概念股跌幅居前。 机构观点 近日，由我国牵头制定的国际标准ISO 34505:2025《道路车辆 自动驾驶系统测试场景 场景评价与测试 用例生成》正式发布。新发布的《道路车辆 自动驾驶系统测试场景 场景评价与测试用例生成》国际标 准主要规定了自动驾驶系统测试场景的评价流程与试验方法，明确测试场景暴露率、复杂度、危险 ...

近日，与小米YU7一同发布的Xiaomi Life车载磁吸纸巾盒也在小米汽车App商城上架，然而该产品169 元的定价引发了广泛关注。 7月4日，"小米YU7磁吸纸巾盒169元"话题登上微博热搜。 有网友认为，该定价偏高；也有网友表示，这一价位可以接受，有的品牌价位更高。 也有媒体指出，在购物平台上，车载磁吸纸巾盒大部分产品都居于40-300元区间，照此，小米的磁吸纸 巾盒价位应属于中上水平。 而戏剧性的是，有网友发现，该款Xiaomi Life车载磁吸纸巾盒已显示缺货。 雷军也在7月2日的直播中就相关问题作出回应。他表示，这个纸巾盒网友反馈有点贵，后来自己去看了 一下，问了一下同事什么原因。 观察者网查询发现，在官方平台上，蔚来Haptex纸巾盒售价为199元；ET9二排磁吸纸巾盒为308元；极 氪专属车载纸巾盒为99元；而小鹏在7月3日的发布会上最新发布的BASA磁吸纸巾盒仅售75元。 此前，小米汽车在答网友问（167集）中曾介绍道，"与市面上其他普通纸巾盒不同，Xiaomi Life车载磁 吸纸巾盒专为车内环境设计，其塑料部件和内置的14块磁铁均选用耐高低温材料，可以在夏季仪表台暴 晒超95℃到冬季零下 ...

完整早报音频，请点击标题下方小耳机收听 【百度湖北总代理破产清算，因渠道模式变革失去收入来源】 6 月 30 日，武汉世纪百捷网络科技 有限公司发布公告，称公司计划依法启动清算程序。世纪百捷在公告中表示："随着百度渠道模式的 变革与百捷的业务合作即将终止，我们失去了收入来源，公司运营陷入了无法挽回的困境。"世纪百 捷称已竭尽全力寻求各种可能的解决方案，但未能找到足以支撑公司持续发展的新业务方向。而对于 这些员工的安排，世纪百捷在公告中也有涉及，其表示全体员工的薪资将发放至 2025 年 6 月 30 日。 （金融界） 武汉世纪百捷网络科技有限公司 重要公告 关于公司未来安排的重要沟通 亲爱的公司百度业务全体同仁: 自公司成立至今的整个征程中,我们并肩奋斗,共同铸就了无数值得铭记的 成就。每一份成绩、每一次突破、每一份荣耀,都凝聚着大家的智慧、汗水、忠 诚与不懈努力。在此,公司由衷地向每一位伙伴致以最崇高的敬意和最深切的感 谢!正是因为有你们,才铸就了我们共同的辉煌过往。 然而,随着百度渠道模式的变革与百捷的业务合作即将终止,我们失去了收 入来源,公司运营陷入了无法挽回的困境。尽管我们已竭尽全力寻求各种可能的 ...

Group 1 - Hainan Haikou Transportation Group has completed the procurement of 6-meter series first-level step new energy pure electric buses on July 1, 2025 [1] - The procurement results show that the top three companies are Zhongtong Bus, Yutong Bus, and Xiamen Jinlong with the same battery capacity of 115.92 Kwh from CATL [1] - The public announcement period for the procurement results is from July 1 to July 3, 2025, allowing for objections to be raised during this time [1] Group 2 - The contact information for Hainan Haikou Transportation Group's Automotive Service Management Department is provided for any inquiries related to the procurement [2] - Other industry news includes the bankruptcy restructuring application for SAIC Hongyan and a significant increase in heavy truck sales in June [6]

1、三部门发布境外投资者以分配利润直接投资税收抵免政策 重要程度：★★★★★ 财政部、税务总局、商务部发布关于境外投资者以分配利润直接投资税收抵免政策的公告。境外投资者以 中国境内居民企业分配的利润，在2025年1月1日至2028年12月31日期间用于境内直接投资符合条件的，可 按照投资额的10%抵免境外投资者当年的应纳税额，当年不足抵免的准予向以后结转。 2、金融服务新型工业化增量政策酝酿出台 重要程度：★★★★ 记者日前获悉，进一步深化金融服务新型工业化的相关政策有望研究出台。推进新型工业化，事关建设现 代化产业体系和提升国家核心竞争力。服务新型工业化，是金融服务实体经济的重要内容。去年4月， 《关于深化制造业金融服务助力推进新型工业化的通知》已发布。增量政策预计将引导更多金融资源用于 促进科技创新等领域。 3、加拿大政府关闭海康威视在加业务 商务部回应 重要程度：★★★★ 商务部新闻发言人就加拿大政府关闭海康威视在加业务事答记者问。对于加拿大政府关闭海康威视在加业 务一事，商务部新闻发言人表示，中方敦促加方立即纠正错误做法，以实际行动支持贸易投资自由化便利 化，停止将经贸问题政治化、泛安全化，为包括中国 ...

·金价盘中创近1月新低6月30日，国际黄金市场延续近期下行趋势，现货黄金价格盘中触及3246.55美元/ 盎司，创近一个月新低。受国际金价拖累，国内品牌金饰价格全线跌破1000元/克心理关口。周大福、 周生生、周六福等品牌足金饰品报价集中在978元/克至990元/克区间，除周六福外，其余品牌日跌幅在 0.9%—1.2%之间。详情>> ·油价或迎年内最大涨幅，加满一箱油要多花25元！据今日油价消息，7月1日24时，国内成品油价格或 将迎来上涨，预计汽、柴油每吨上调600元，折合每升上涨0.49—0.51元。按此计算，加满一箱50升的92 号汽油，将多花24—25元。目前，全国多地92号汽油已普遍回升至7元以上，如果此次油价上调落地， 92号汽油或将全面进入7.5—7.7元/升区间，95号汽油将进入"8元时代"。 详情>> ·实名注册赠送稳定币？京东打假：尚未发行6月30日，《辟谣财知道》注意到，京东发言人在官方微博 发布声明称，近期关注到某些企业发布有关和京东币链展开合作的信息，存在失实情况，误导了行业和 公众舆论。京东表示，请大家注意甄别，警惕"荐股"类骗局，避免财产损失。同时提醒公众，目前京东 币链科技并没 ...

3 、 海康威视回应 " 被加拿大政府命令停止运营 " 称，强烈反对加拿大政府以所谓的 " 国家安全担忧 " 为由，作出海康威视加拿大公司在 120 天内关停的 决定。 这种做法罔顾事实，希望加拿大政府尊重法治，实事求是，而非以臆想和偏见为由采取歧视行动。此前，中国驻加拿大使馆发言人亦表示，中方 对此强烈不满和坚决反对。中方敦促加方停止把经贸问题政治化、泛安全化，停止对中国企业的无理打压，为中国企业正常经营提供公平、公正、非歧视 的环境。 1 、 6 月 28 日 -29 日， 2025 上市公司论坛在温州举行。论坛上，沪深北港四大交易所相关负责人集中发声，释放多维度改革信号。上交所副总经理王泊 表示，将扎实推进 "1+6" 改革举措和示范案例落实落地； 深交所副总经理李辉称，正紧锣密鼓地谋划和落实创业板改革；北交所副总经理周箴表示，将 守正创新，赋能中小企业高质量发展；港交所董事总经理徐经纬预计， "A+H" 上市趋势二季度越发明显，目前有超过 30 家 A 股企业已递交 H 股上市申 请，另有超过 20 家 A 股企业已发布关于 H 股上市计划的公告。 2 、海关总署公告称，在持续开展针对日本福岛核污染水 ...

Group 1 - Huawei's satellite communication technology enables emergency signals in remote areas, while Tencent's AI models support digital transformation across various industries [1] - BYD's blade battery redefines safety standards in electric vehicles, and DJI's drones have become commonplace in everyday life [1] - Shenzhen's leading companies are reshaping global industry rules, creating numerous opportunities for innovation and growth [1] Group 2 - The migration of Yingshi Innovation to Shenzhen in 2015 was driven by a production bottleneck, highlighting the city's efficient supply chain that allows rapid prototyping and mass production [2] - Shenzhen's "super collaborative network" enables quick product development, with a design to prototype timeline of just three days [2] - The ecosystem in Shenzhen provides hardware entrepreneurs with the freedom to experiment and iterate quickly, crucial for competing globally [2] Group 3 - Shenzhen's effective grassroots governance supports its industrial ecosystem, with local governance units acting as resource connectors and partners for businesses [3] - Different districts in Shenzhen have developed unique service models tailored to their industrial strengths, enhancing the overall business environment [3] Group 4 - Nanshan District's service model focuses on creating a top-tier knowledge service ecosystem around innovation sources, while Longgang District emphasizes activating surrounding industries through leading companies [4] - The service approach in Bao'an District is characterized by a focus on manufacturing, providing comprehensive support to ensure the stability of the industrial chain [5] Group 5 - Longhua District is promoting the digital transformation of traditional manufacturing, integrating production, living, and ecological spaces for a harmonious environment [7] - Each district in Shenzhen showcases distinct service strategies, but all share a commitment to proactive, precise, and embedded support within the industrial chain [7] Group 6 - The relationship between Shenzhen and its enterprises is one of mutual shaping and achievement, with businesses expanding the city's industrial boundaries [8] - The evolution from "Shenzhen manufacturing" to "Shenzhen creation" reflects a new interactive relationship between the city, market, and government [9]

Group 1: Event Overview - The 20th China International Small and Medium Enterprises Expo commenced on June 27 in Guangzhou, featuring approximately 8,000 square meters of exhibition space and around 2,000 participating companies [1] - The expo will run until June 30, with a theme focused on cooperation, communication, mutual benefits, and joint development [1] Group 2: Featured Innovations - Xiaopeng Motors showcased its two flagship products: the humanoid robot IRON and the world's first mass-produced split flying car, "Land Aircraft Carrier" [6][10] - The humanoid robot IRON stands 178 cm tall, features 22 degrees of freedom, and is powered by Xiaopeng's self-developed Turing AI chip with a computing power of 3000T [10] - The "Land Aircraft Carrier" is set to make its public test flight in September 2024 and is designed to be operated with a Class C driver's license [10] Group 3: AI and Robotics Developments - The AI digital human "Sui Xiaoxin" was introduced at the expo, providing information on digital transformation policies for small and medium enterprises in Guangzhou [13] - The "Tianpu Music" model, a global first in multimodal music generation, can create songs from text, images, or audio, achieving a breakthrough in music generation quality [13] - Guangzhou enterprises showcased various AI innovations, including a super-integrated machine for cloud data centers and an AI-powered cleaning robot for photovoltaic systems [14] Group 4: Economic and Industrial Growth - Guangzhou has made significant strides in promoting the development of small and medium enterprises, ranking 4th in the Ministry of Industry and Information Technology's evaluation of the business environment for SMEs in 2024 [18] - The city has nurtured 354 national "specialized and innovative" small giant enterprises and 6 industry clusters with output exceeding 300 billion yuan [18][19] - The private economy in Guangzhou reached a value of 327.94 billion yuan in the first quarter of 2025, marking a 4.6% year-on-year increase [18]