人民财讯9月6日电，9月6日，2025全球工业互联网大会在沈阳开幕。工业和信息化部党组书记、部长李 乐成出席开幕式并致辞，辽宁省委书记、省人大常委会主任郝鹏出席开幕式。李乐成强调，工业和信息 化部将深入贯彻落实党中央、国务院决策部署，紧扣时代要求、立足工业需求、坚持开放共享、强化系 统集成，进一步推动工业互联网规模化应用。在沈阳期间，李乐成还来到辽宁省通信管理局调研并召开 座谈会。他强调，要充分发挥信息通信业战略性、基础性、先导性的重要作用，推进人工智能、工业互 联网等新一代信息技术为传统产业赋能增效。 ...

Core Insights - China has deployed 64,000 5G industry virtual private networks and over 100 types of 5G industrial gateways and routers, with a global share of 42% in essential 5G standard patents [1][2] - As of July 2023, China has built 4.598 million 5G base stations and over 30.53 million gigabit network capability ports, achieving "gigabit access in every county and 5G access in every township" [1] - The national integrated computing network system is accelerating its construction, with 10.85 million standard racks in use and an intelligent computing scale of 788 EFLOPS [1] Industry Developments - The information and communication technology industry in China is continuously improving, with breakthroughs in key technology areas and new achievements in industrial layout, enhancing the vitality of industry enterprises [2] - China has established a complete 5G industrial chain covering chips, terminals, base station equipment, and testing instruments, with emerging fields like artificial intelligence and satellite internet accelerating their layout [2] - The number of telecom business operating license holders has reached 186,500, a year-on-year increase of 10% [2] Application and Impact - New technologies such as 5G, industrial internet, artificial intelligence, and digital twins are widely applied in research and development, driving innovation in the industrial sector and improving efficiency [2] - In key areas like large aircraft, new energy vehicles, and high-speed trains, the average development cycle of smart manufacturing demonstration factories has been shortened by nearly 30% [2] - 5G applications have been integrated into 86 out of 97 major categories of the national economy, with over 138,000 cases accelerating into core production processes, resulting in an average capacity increase of 19.6% and a 14.5% reduction in operating costs [2] Future Directions - The Ministry of Industry and Information Technology will promote the "construction, use, and research" of the information and communication industry, accelerating the deployment of 5G-A product systems and high-quality networks, and advancing 6G technology research [3]

Core Viewpoint - The speech by Yang Jie at the 2025 China International Big Data Industry Expo emphasizes the transformative potential of data in the "AI+" era, highlighting its role in driving innovation, economic growth, and ensuring data security. Group 1: Data's Role in AI Innovation - Data scale and quality are becoming the "power source" for accelerating AI innovation, with new data sources driving AI applications from "usable" to "well-used" [3] - The integration of data serves as a "catalyst" for new economic forms, enabling businesses to optimize services and meet diverse consumer needs, thus unlocking new growth avenues [3] Group 2: Data Security and Governance - Data security and trustworthiness are essential for building a smart society, necessitating a comprehensive data security governance system to balance data development and safety [3] - The company is committed to enhancing data supply, flow, and utilization while ensuring security, thereby maximizing the multiplier effect of data elements [4] Group 3: Company Initiatives and Innovations - The company is developing a high-quality data supply system, with over 2000PB of high-value data and a data analysis capability that processes over 100 billion instances annually [4] - The launch of the first industry data circulation infrastructure, the Data Sharing Network (DSSN), facilitates cross-industry and cross-region data connectivity, supporting over 100 million transactions monthly [4] - The company is enhancing data utilization across various sectors, including tourism and finance, with significant usage metrics, such as serving over 170 financial clients with more than 1.5 billion annual transactions [5] Group 4: Regional Development and Collaboration - Guizhou is positioned as a national innovation zone for digital economy development, with the company actively participating in key infrastructure projects to strengthen the region's digital economy [6] - The company aims to collaborate with various sectors to promote data aggregation, explore new pathways for data assetization, and establish a robust data governance framework [6]

Core Insights - The 2025 Power Information Communication New Technology Conference was held in Wuhan, focusing on cutting-edge technologies and development trends in power information communication, promoting green and low-carbon energy transition, and supporting the construction of new power systems [1] - Over 800 representatives from various sectors including grid companies, power generation groups, power construction units, research institutions, and the information communication industry attended the conference [1] Group 1: Challenges and Innovations - ZTE's General Manager of Wired Products, Hu Junjie, highlighted three core challenges facing the new power system: reverse distribution of energy production and consumption, peak regulation bottlenecks in the power grid, and large-scale growth in load [3] - The concept of "Electricity Computing Symbiosis" was introduced, advocating for the establishment of a "safe, efficient, flexible, and intelligent" new power communication network system [3] Group 2: Solutions and Technologies - ZTE showcased a full-stack solution themed "Green and Low Carbon, Smart Power," presenting innovations in power communication and digital business [4] - New generation fgOTN solutions enhance the resilience of the main network; high-isolation GPON, industrial Ethernet switches, and SPN-CPE are introduced to support transparent distribution and integrated power networks [4] - Innovative scenarios such as digital substations effectively support quality and efficiency improvements in power production; the decoupled power intelligence application meets AI scenario demands [4] - The new generation of domestically produced video conferencing solutions achieves full compatibility and autonomy; GoldenDB distributed database and self-developed operating systems lay a solid digital foundation for the development of new productivity in the power industry [4] Group 3: Future Directions - ZTE will continue to focus on underlying technological innovation, leveraging information communication technology advantages to deepen the integration of communication technology with power business [6] - The company aims to explore new scenarios and technologies such as integrated source-grid-load-storage, new power systems, virtual power plants, and large-scale power models, contributing to the digital transformation of the power grid and the construction of new power systems [6]

Core Insights - The 2025 Power Information Communication New Technology Conference in Wuhan, China, gathered over 800 participants from various sectors, marking the largest scale and influence in its history [1][3][22] - The conference emphasized the role of information communication technology as a core engine driving the transformation of the power sector, particularly in the context of high proportions of renewable energy [4][22] Group 1: Key Themes and Discussions - The conference highlighted the transition of China's power communication network from a traditional model to a new form characterized by high-speed, ubiquitous, and integrated cloud-network systems [4][16] - Experts discussed the challenges posed by distributed energy integration and data security, advocating for platform-based thinking to optimize resource allocation and explore intelligent paths for power dispatch and customer service [6][22] - Two significant white papers were released, focusing on the communication target network for new power systems and the development of next-generation low-voltage power line broadband communication [10][12] Group 2: Expert Contributions and Innovations - Notable presentations included discussions on the evolution of 6G technology, the application of mobile robotics in power operations, and the integration of artificial intelligence and digital twin technologies in the power sector [6][16] - The conference featured a variety of innovative solutions, such as humanoid robots and heavy-duty quadruped transport robots, aimed at enhancing operational efficiency in the power industry [6][16] - The event also showcased a range of new technologies and products through case presentations and interactive experiences, reflecting the growing interest in innovative applications within the power information communication field [19][22] Group 3: Future Directions and Industry Standards - The conference underscored the importance of developing industry standards and promoting the standardization of new technologies in the power sector, particularly in areas like information, communication, and security [19][22] - Experts agreed on the necessity for continued integration of data elements with financial capital to facilitate the green and low-carbon transition in the energy sector [22] - The event served as a platform for fostering international cooperation to address global energy challenges, highlighting the collaborative efforts needed for future advancements in the power industry [22]

Core Viewpoint - The article highlights the rapid deployment of 5G industry virtual private networks in China, with a total of 64,000 networks established, indicating a significant advancement in the information and communication industry to support new industrialization efforts [1] Industry Summary - The information and communication sector is accelerating its pace to empower new industrialization [1] - The establishment of 64,000 5G industry virtual private networks demonstrates a strategic move towards enhancing industrial capabilities through advanced communication technologies [1]

Core Viewpoint - The company is actively implementing its "Quality Improvement and Efficiency Enhancement" action plan to drive high-quality development and enhance investment value, focusing on energy interconnection and information communication construction [1][2]. Group 1: Business Performance - The company achieved an operating income of 23.6 billion yuan, a year-on-year increase of 10.19%, and a net profit attributable to the parent company of 1.568 billion yuan, up 7.38% year-on-year [2]. - The company is committed to differentiated innovation, leveraging 30 years of technology and industry accumulation in the "light" and "electric" core technology fields to build a unique competitive advantage [2][3]. Group 2: Innovation and Development - The company established a Future Industry Research Institute to create an open collaborative innovation model, focusing on strategic emerging industries such as artificial intelligence, smart robotics, low-altitude economy, and health [2]. - The company is integrating resources in the marine and power sectors to provide comprehensive solutions, achieving international leading results in various technological innovations [3]. Group 3: Governance and Compliance - The company emphasizes the importance of governance and compliance, continuously improving its internal control system and enhancing the governance level to ensure sustainable and stable development [5][6]. - The company has revised 19 relevant company systems in accordance with the latest laws and regulations, including the cancellation of the supervisory board, to align with the new Company Law [5]. Group 4: Sustainability and Green Innovation - The company integrates green and low-carbon strategies into its development, achieving a reduction of 3,826 tons in comprehensive energy consumption and a decrease of 23,000 tons in carbon dioxide emissions [6][7]. - The company has launched 182 green low-carbon projects, resulting in significant carbon reduction and energy savings [6][7]. Group 5: Shareholder Returns - The company has implemented a cash dividend distribution policy, with a total cash dividend of 2.11 billion yuan over the past three years, accounting for 66.77% of the average net profit [9]. - The company has executed four share repurchase plans, with a total repurchase amount exceeding 620 million yuan, reflecting its commitment to enhancing shareholder value [10]. Group 6: Investor Communication - The company prioritizes investor relations management, ensuring compliance with legal and regulatory requirements while enhancing the quality of information disclosure [10][11]. - The company conducts regular communication with institutional investors through roadshows and performance briefings to address investor concerns and improve report readability [10].

Summary of Key Points from Conference Call Records Industry Overview - The records discuss the impact of tariffs on Asian exports and the overall economic growth in the region, particularly focusing on the effects of U.S.-China trade relations and the performance of various markets including India, Japan, and China [1][2][3]. Core Insights and Arguments 1. **Asian Export Performance**: Asian exports have shown limited improvement after a brief rebound, with exports to the U.S. stagnating and non-tech sector exports fluctuating within a narrow range, indicating significant impacts from global economic slowdown [1][2][3]. 2. **Tariff Impact**: Tariffs have had a notable negative effect on both Asian and U.S. economic growth, with U.S. GDP growth expected to slow from 2% in Q2 to 1% in Q4 of 2025, while global growth is projected to decline from 3.9% to 3.5% [2][9]. 3. **Capital Expenditure Stagnation**: U.S. capital expenditures have stagnated, with capital goods imports showing zero growth, which poses challenges for Asian economies, particularly in tech and non-tech sectors [5][9]. 4. **India-U.S. Trade Tensions**: Trade tensions between India and the U.S. may lead to a reduction in Indian exports to the U.S., but the overall impact is deemed manageable, with Indian corporate revenue expected to improve by Q3 2025 due to government policy actions [6][7][25]. 5. **Market Dynamics**: Recent market volatility suggests a significant directional change, with high valuations and risks of downturns in both U.S. and Chinese markets. Financial stocks have outperformed hardware companies, while AI-driven software firms have shown better performance [8][9]. 6. **China's Market Performance**: The onshore Chinese market has outperformed offshore markets, driven by rising long-term bond yields and positive liquidity indicators, with the Shanghai Composite Index reaching its highest level since 2015 [12][13][14]. 7. **Japan's Market Outlook**: Japan's stock market has rebounded strongly but may be overbought, with potential short-term correction risks. Long-term factors supporting the market include U.S. tax reforms and political changes in Japan [18][19]. 8. **Sector Performance in Japan**: Attractive sectors in Japan include construction software, information communication, real estate, and utilities, while the automotive sector faces uncertainties due to trade policies [19][20]. Additional Important Insights 1. **CPI and Deflationary Pressures**: Deflationary pressures from China are spreading across the region, contributing to downward pressure on CPI, which has remained below central bank targets [21][22]. 2. **Investment Strategy in A-shares**: Increasing positions in A-shares can effectively reduce portfolio risk due to their low correlation with global markets, especially during periods of significant volatility [16]. 3. **Monitoring Indicators for China**: Investors should focus on financing balance ratios, government bond yields, and upcoming policy events to assess the sustainability of the Chinese market [15]. 4. **Political Landscape in Japan**: The political situation in Japan remains uncertain, with potential leadership changes that could impact economic policies and market dynamics [27][28]. This summary encapsulates the critical insights and data points from the conference call records, providing a comprehensive overview of the current economic landscape and market dynamics in Asia.

Group 1 - The article emphasizes the importance of collaboration over competition, highlighting how businesses can benefit from sharing resources and customer bases rather than viewing each other solely as competitors [1][2] - It discusses the successful partnership between Chongqing Dazhu District and Sichuan Anyue County, which transformed their previously competitive relationship into a cooperative one, leading to increased industry scale and brand enhancement [1] - The article points out that the Chinese market is large enough to accommodate numerous businesses thriving together, and that a broader perspective can unlock new opportunities for growth and innovation [2][3] Group 2 - The article mentions Huawei's strategy of not manufacturing cars but instead focusing on information and communication technology to assist car manufacturers, showcasing a model of mutual empowerment among businesses [2] - It highlights the phenomenon of "involution" in some industries, which stems from a limited mindset that restricts collaboration and growth, suggesting that a shift in thinking is necessary for broader market engagement [2] - The narrative draws a parallel to the film "Nezha," illustrating the need for collective effort in overcoming challenges within industries, reinforcing the idea of unity in driving progress [3]

Core Insights - As of June 2025, China has established a total of 4.55 million 5G base stations, indicating significant infrastructure development in the telecommunications sector [1] - The number of 5G mobile phone users in China has reached 1.118 billion, with a user penetration rate exceeding 79%, showcasing widespread adoption of 5G technology [1]