转自：新华财经 【重点关注】 •习近平同美国总统特朗普通电话 •8月份国民经济运行总体平稳 规模以上工业增加值同比增长5.2% 社会消费品零售总额同比增长3.4% •财政部：1-8月证券交易印花税同比增长81.7% •商务部等9部门发布《关于扩大服务消费的若干政策措施》提出五方面19条举措 •网信部门依法整治快手、微博热搜炒作明星乱象 快手、微博回应：诚恳接受 第一时间组织团队整改 •第十一批国家组织药品集中采购文件公布 细化完善药品集采规则 坚持"稳临床、保质量、防围标、反 内卷"原则 •美联储宣布降息25个基点 市场预期10月降息可能性超过90% •现货黄金历史上首次突破3700美元／盎司 【国内要闻】 •9月19日晚，国家主席习近平同美国总统特朗普通电话，就当前中美关系和共同关心的问题坦诚深入交 换意见，就下阶段中美关系稳定发展作出战略指引。通话是务实、积极、建设性的。 •中共中央政治局常委、国务院总理李强9月15日至16日在甘肃、青海调研。他强调，要坚持创新驱动， 推进绿色发展，因地制宜培育壮大新质生产力，加快构建体现本地特色和优势的现代化产业体系，更好 造福人民群众。 •国务院总理李强9月19日主持 ...

Regulatory Developments - The Cyberspace Administration of China has penalized Weibo and Kuaishou for damaging the online ecosystem, citing issues such as the promotion of celebrity gossip and a tendency towards sensationalism [2][3] - The Zhengzhou Market Supervision Administration has conducted an administrative interview with Trip.com, addressing violations of the E-commerce Law and unfair competition practices, particularly regarding price manipulation of hotel listings [4][5] AI and Technology Innovations - Kuaishou's Keling AI has launched a new digital human feature that can generate 1080p videos up to one minute long, allowing users to create videos using a character image and audio [8] - Zhejiang University and Huawei have released the DeepSeek-R1-Safe foundational model, which boasts a nearly 100% success rate in defending against harmful content and maintains a performance loss of less than 1% compared to its predecessor [9] - Meta has introduced its first consumer-grade smart glasses, the Meta Ray-Ban Display, featuring a color display, camera, and various interactive capabilities [10] - Apple is expected to enter the smart glasses market within the next 12 to 16 months with a non-display model, aiming to compete with Meta's offerings [11] User Engagement Insights - OpenAI's ChatGPT has reported over 700 million weekly active users, with 73% of conversations unrelated to work, highlighting a diverse range of usage topics [12]

Core Viewpoint - Elon Musk's company X (formerly Twitter) is undergoing a significant transformation towards AI, despite facing a 40% revenue drop compared to 2022, with Q2 2025 revenue at approximately $707 million [1][2]. Financial Performance - In Q2 2025, X's revenue was about $707 million, showing a year-over-year increase of over 20% but a slight quarter-over-quarter decline of 2.2% [2]. - The gross profit for Q2 2025 decreased by 24% quarter-over-quarter but increased by over 30% year-over-year [2]. - Adjusted EBITDA for the same period was approximately $360 million, slightly lower than the beginning of the year but up 33% year-over-year [2]. - Cash reserves increased significantly from about $24.4 million at the end of 2024 to nearly $1 billion [3]. Debt and Financing - X faces substantial debt pressure from approximately $12 billion incurred during Musk's acquisition of Twitter [5]. - Earlier this year, X refinanced a $1.23 billion loan to reduce costs, but high debt servicing costs remain a challenge [6]. - A recent equity financing round raised $900 million, stabilizing X's valuation at around $44 billion, close to the acquisition price [4]. Strategic Shift to AI - X is shifting its focus from traditional advertising revenue to subscriptions and data licensing, with a notable departure of CEO Linda Yaccarino signaling this transition [8]. - X holds an 11% stake in xAI, which is crucial for supporting Musk's AI initiatives [8]. - xAI is reportedly losing $1 billion monthly due to aggressive investments in infrastructure [10]. Market Position and Competition - xAI is in the process of raising $10 billion, with a valuation reaching $200 billion, potentially making it one of the highest-valued private companies globally [11]. - xAI's supercomputer cluster in Memphis is touted as the largest globally, aimed at competing with companies like OpenAI [10]. - However, xAI's Grok chatbot is perceived to lag behind competitors like Anthropic's Claude and OpenAI's GPT models [12].

Group 1 - The 2025 Air Force Aviation Open Day has achieved breakthroughs in "systematic presentation" and "combat-oriented design" [1][3] - The event showcases the achievements of the Air Force's combat capability system construction [3] - The performance of the August 1st Flight Demonstration Team includes high-G maneuvers, requiring pilots to undergo intense training to handle the loads [5] Group 2 - The 2025 Air Force Aviation Open Day and Changchun Air Show opened on September 19 and will last until September 23, attracting audiences nationwide [6] - Attendees, including military enthusiasts and photographers, gathered to witness the display of China's aviation power [8] - Various aircraft, including the Y-20, J-16, and J-20, participated in the aerial demonstrations [8] Group 3 - The third National Skills Competition features a significant participation of "post-00" generation contestants, making up 70% of the 3420 participants [10] - The competition is recognized as the highest specification, most diverse in projects, and largest in scale in China [10]

9月20日，记者从"朋友圈诽谤局长被行拘"事件当事人高光华及其代理律师张具堆处获悉，元江县公安局已作出撤销行政处罚决定书，撤销此前对高光华 的行政处罚。 9月20日，商务部新闻发言人就TikTok问题进展情况答记者问时表示，当地时间9月14日至15日，中美双方在西班牙马德里举行会谈，就以合作方式妥善解 决TikTok相关问题、减少投资障碍、促进有关经贸合作等达成了基本框架共识。 1 国家医保局：第十一批药品集采遵循稳临床、保质量、防围标、反内卷原则 9月20日，国家组织药品联合采购办公室发布第十一批国家组织药品集中采购文件。本次集采方案制定和修改过程中，充分遵循了"稳临床、保质量、防围 标、反内卷"的原则。一、关于"稳临床"。保障临床用药需求是集采的基本目标，也是优化集采措施的重点。二、关于"保质量"。本次集采充分征求并采 纳药监部门、市场监管部门的意见，在保证公平的基础上，对投标企业的质控水平提出了更高要求。三、关于"防围标"。此次集采进一步完善了防范围标 行为的措施：一是继续对关联企业的投标约束，二是引入"首告从宽"机制，三是加大围标行为防范打击力度。四、关于"反内卷"。集采秉持公开透明、公 平公正的市场 ...

Group 1 - The Cyberspace Administration of China has conducted interviews with Weibo and Kuaishou regarding issues related to the management of their trending topics [2][3] - Weibo has established a special rectification team to address the shortcomings in its trending topic management and is committed to enhancing its governance capabilities [2] - Kuaishou has also formed a rectification team to improve its trending topic management mechanism and ensure compliance with regulatory requirements [3] Group 2 - Both companies emphasize their commitment to transparency and accountability in their operations, aiming to foster a healthier online environment [2][4] - Weibo plans to optimize its trending algorithm to strengthen the public nature and correct value orientation of its trending topics [2] - Kuaishou aims to enhance the diversity and standardization of its trending content in response to the identified issues [3]

Group 1 - The core message is that Weibo has been criticized by the internet regulatory authority for poor management of its trending topics and has committed to making necessary improvements [1] - Weibo has established a special rectification working group to address the issues related to the management of trending topics with the highest standards and strict requirements [1] - The platform aims to enhance its comprehensive management capabilities across all aspects of the trending topics mechanism, including rules and complaint mechanisms [1] Group 2 - Weibo will optimize and upgrade its trending algorithm to strengthen the public nature and correct value orientation of the trending topics [1] - The company emphasizes its commitment to legal compliance and prioritizing public interest while enhancing its management capabilities and combating harmful online behaviors [1] - Weibo welcomes criticism and supervision from users, media, and society regarding its rectification efforts and aims to maintain mainstream value orientation to protect a clean online space [1]

Core Viewpoint - Weibo has been criticized for failing to manage harmful content on its platform, leading to regulatory actions from the National Internet Information Office, which has mandated corrective measures [2][3]. Group 1: Regulatory Actions - The National Internet Information Office has taken measures against Weibo for not fulfilling its responsibility in managing content, including a formal meeting, a deadline for corrections, warnings, and stricter penalties for responsible individuals [2]. - Weibo has acknowledged the criticism and is forming a special task force to address the issues related to the management of trending topics [2]. Group 2: Response and Commitment - Weibo is committed to improving its management capabilities and will enhance its content management systems, focusing on the governance of trending topics and the complaint mechanisms for trending terms [2]. - The platform aims to uphold public interest and values by optimizing its trending algorithms and reinforcing the public nature and correct value orientation of its trending lists [2][3].

Group 1 - The core issue involves the National Internet Information Office's actions against Weibo for failing to fulfill its responsibilities in managing content, particularly regarding the promotion of inappropriate information on its trending topics list [2] - Weibo has acknowledged the criticism and is taking steps to rectify the situation by forming a dedicated team to address the issues related to its trending topics and overall content management [1][2] - The company plans to enhance its management capabilities and improve its trending topic algorithms to ensure a more responsible and transparent platform, while also committing to combat behaviors that harm the online ecosystem [1] Group 2 - The National Internet Information Office has implemented measures against Weibo, including a formal warning and a directive for the platform to make corrections within a specified timeframe [2] - The focus of the regulatory actions is on the presence of sensationalized content related to celebrity activities that disrupt the online environment [2]

编辑 李铮 校对 卢茜 新京报贝壳财经讯（记者罗亦丹）9月20日，2025抖音创作者大会开幕。抖音副总裁陈都烨介绍，过去 一年来，抖音上优质内容播放量、播放时长同比提升了160%、220%，优质内容的播放时长为普通内容 的17倍；游戏、二次元、人文社科等17个垂类优质内容播放时长同比翻番，超8成万粉以上的青年创作 者从抖音成长；此外，平台上的创作风格从200余种增加到800余种。 现场，抖音正式发布"青年创作者成长计划""创作阶梯计划""AI创作浪潮计划""精选品牌伙伴计划"，持 续加码优质创作。抖音方面表示，未来还将持续优化产品算法，深化垂类运营，联动行业伙伴，助力创 作常新，共建更优质的内容生态。 ...