Group 1 - Digital currency concept stocks experienced a partial rally, with Zhengyuan Wisdom (300645) rising over 10% [1] - Beijing North (002987) saw an increase of over 7% [1] - Other companies such as Hengbao Co., Ltd. (002104), Dongxin Peace (002017), and StarNet Ruijie (002396) also followed with gains [1]

从生产供给看，4月份全国规模以上工业增加值同比增速是去年以来月度增速中比较快的速度，服务业 生产指数同比增长6%，则是今年以来月度增速中次高的水平。 从国内需求看，消费品以旧换新相关商品销售大幅增长，对社会消费品零售总额的增长和支撑作用比较 明显。其中，限额以上单位家用电器和音像器材类商品零售额同比增长38.8%，今年以来持续提速增 长。投资方面，"两重""两新"政策效应持续显现，投资规模持续扩大。在大规模设备更新接续推动带动 下，1～4月份设备工器具购置投资同比增长18.2%，对全部投资增长的贡献率达64.5%。 此前公布的外贸进出口数据则表明，尽管国际环境急剧变化，外部冲击影响加大，我国仍在加大外贸多 元化发展，积极开拓与共建"一带一路"国家贸易，推动外贸保持平稳增长。1～4月份，我国货物进出口 总额同比增长2.4%，比一季度加快1.1个百分点。 证券时报记者 江聃 5月19日，国家统计局公布的最新数据显示，4月份，全国规模以上工业增加值同比增长6.1%，环比增 长0.22%，全国服务业生产指数同比增长6.0%，社会消费品零售总额同比增长5.1%，固定资产投资环比 增长0.10%，主要经济指标实现平稳较快 ...

Group 1 - The fourth China-Central and Eastern European Countries Expo and International Consumer Goods Expo opened in Ningbo, Zhejiang, focusing on economic cooperation, technological innovation, and cultural exchange [1] - The exhibition area for Central and Eastern European countries covers 20,000 square meters with over 400 exhibitors showcasing more than 8,000 unique products [1] - The expo features participation from 14 Central and Eastern European countries and 9 other countries, expanding from "Central and Eastern Europe" to "Central and Eastern Europe+" [1] Group 2 - Livestocker, a Hungarian digital animal farm software provider, showcased a solution that enhances farm productivity through integrated management across mobile, computer, IoT, and cloud data [2] - 24alife from Slovenia focuses on digital health and remote patient monitoring, aiming to connect with large Chinese enterprises to promote health awareness [2] - The expo highlights the transition from "Made in China" to "Intelligent Manufacturing in China," with products demonstrating high cost-effectiveness, quality, and technological content [2] Group 3 - The Consumer Direct Procurement Conference held during the expo emphasized "precise matching," facilitating connections between over 40 procurement representatives from 25 countries and more than 50 suppliers from various Chinese provinces [2] - Nigerian buyer Francis attended the direct procurement conference with a detailed purchasing list, having previously established long-term partnerships with Chinese suppliers [3] - The export consumer goods exhibition area spans 60,000 square meters with 1,028 participating companies, including local Ningbo enterprises aiming to expand their customer base in Central and Eastern Europe [3] Group 4 - Chinese State Councilor Chen Yiqin emphasized China's commitment to multilateralism and the expansion of imports from Central and Eastern European countries, aiming to enhance bilateral trade and cooperation in high-quality initiatives [4] - The expo is expected to attract over 15,000 professional visitors, including more than 3,000 foreign buyers from 72 countries, with anticipated procurement intentions exceeding 10 billion yuan from Central and Eastern Europe [4]

Group 1 - The ongoing battle for global financial order revolves around the dominance of the US dollar, particularly concerning the $37 trillion US national debt, which poses significant risks to the global financial system [1] - President Trump has been pressuring the Federal Reserve to lower interest rates to alleviate the burden of national debt, but Fed Chairman Powell remains resistant to such measures to maintain the Fed's independence [1][3] - In April, there was a notable sell-off of US Treasuries, with global central banks selling $30.1 billion and private investors offloading $20.5 billion, indicating a significant loss of confidence in US debt [3] Group 2 - The Trump administration is exploring a new regulatory framework for stablecoins, aiming to anchor them 100% to dollar assets and invest reserves in short-term US Treasuries, which could create new demand for US debt [4] - However, this strategy carries risks, as a loss of trust in stablecoins could lead to severe financial repercussions, potentially worse than the 2022 TerraUSD collapse [4] - China is responding with its own digital currency initiatives, including the digital yuan and stablecoin regulations in Hong Kong, which are designed to enhance cross-border payment efficiency [5][6] Group 3 - The efficiency of Hong Kong's stablecoin payments is significantly higher than traditional SWIFT payments, with transaction times reduced to seconds and costs nearly eliminated, indicating a shift in financial infrastructure [6] - The competition between the US and China in the digital currency space will ultimately depend on who can offer more equitable and efficient payment solutions, with China currently positioned as a leader in this area [6]

Group 1 - The core viewpoint of the article is that Jiangsu Province aims to leverage digital trade to promote high-quality development of service trade, with a target of reaching a service trade scale of 600 billion yuan and digital delivery service trade of 300 billion yuan by 2030, accounting for approximately 50% of the service trade [1] - Jiangsu will focus on institutional openness in digital trade, creating a digital trade ecosystem, and aligning with high-standard economic and trade rules, including pilot cooperation in digital trade with Singapore [1] - The province plans to establish national service trade innovation development demonstration zones and national digital trade demonstration zones, enhancing infrastructure and public services in key areas like Nanjing Software Valley to facilitate domestic and international industrial chain collaboration [1] Group 2 - A significant highlight of the policy is industry empowerment, with Jiangsu focusing on developing digital product trade in the cultural industry, strengthening cultural trade bases in cities like Nanjing, Wuxi, and Suzhou, and promoting exports in sectors such as animation and film [2] - The province aims to expand digital technology trade in advantageous fields, advance high-end software development, and implement an "Artificial Intelligence+" action plan to upgrade service outsourcing and promote enterprise transformation [2] - Jiangsu will enhance international transportation service capabilities, optimize international route networks, and accelerate the development of smart ports and waterways, while also improving the international competitiveness of tourism services and supporting international education services [2]

Group 1 - The core issue is the introduction of a 3% digital services tax by Canada on tech companies, effective June 30, 2025, which has led to the U.S. halting trade negotiations with Canada [1][3] - The tax applies to global companies with annual revenues exceeding €750 million (approximately $833 million) and digital service revenues in Canada exceeding CAD 20 million (approximately $14.3 million), impacting major U.S. tech firms like Amazon, Apple, and Google [3] - The Canadian government estimates that this tax will generate over CAD 5.9 billion in revenue over five years starting from 2024 [3] Group 2 - Trump's reaction to Canada's tax was aggressive, labeling it as a direct attack on the U.S. and threatening to announce applicable tariffs within seven days [1][5] - The U.S. administration's approach is characterized by a strategy of "divide and conquer," applying tariffs selectively to create rifts within the EU and among allies [7] - The trade tensions have led to significant corporate responses, such as Volkswagen pausing investments in the U.S. and BMW relocating some production to China, indicating a broader impact on global supply chains [7] Group 3 - The situation reflects a shift in U.S. trade policy from mutual benefit negotiations to coercive tactics, raising concerns about the long-term implications for international trade relations [7][8] - Historical parallels are drawn to the Smoot-Hawley Tariff Act of the 1930s, suggesting that current protectionist measures could lead to severe global economic repercussions [7] - The article advocates for a return to dialogue and cooperation among nations to resolve trade disputes, emphasizing the need for a stable global trade system [8]

Group 1 - The 2025 Global Digital Economy Conference commenced in Beijing, focusing on the theme of "Building Digital Friendly Cities" and showcasing advanced technologies that transform urban living into tangible experiences [1][5] - The conference featured an AI-generated opening ceremony MV, highlighting the growing enthusiasm for AI creative production technologies and their global impact [2] - The event implemented a seamless entry system using facial recognition and smart navigation to enhance efficiency and promote a low-carbon, convenient experience [2] Group 2 - The "Digital Economy International Cooperation Experience Zone" showcased innovative technologies, including a 32-inch light field 3D display that eliminates 3D dizziness and is applicable in fields like telemedicine and industrial design [2][4] - A coffee robot demonstrated the integration of AI in beverage preparation, achieving professional-quality coffee in 50 seconds through precise control of extraction and milk frothing [3][4] - The conference emphasized the importance of cybersecurity in the AI era, with companies like Qihoo 360 demonstrating AI-driven security measures to combat data breaches and enhance safety in the digital economy [4] Group 3 - The conference framework, labeled "1+6+N," included multiple forums and exhibitions centered on data elements and AI, aiming to create a human-centered, inclusive, and secure global cooperation model [5] - Discussions on blockchain technology for secure data sharing and AI applications in smart healthcare and transportation showcased the transformative potential of digital technologies in urban life [5] - The event served as a platform to visualize the integration of technology into daily life, illustrating how digital advancements can lead to more efficient, safe, and warm urban environments [5]

Group 1 - The core theme of the 2025 Global Digital Economy Conference is "Building Digital Friendly Cities," with participation from over 300 international guests from more than 50 countries and organizations [2] - The establishment of the Global Digital Economy City Alliance marks a significant step towards mechanized collaboration in global digital governance, involving over 40 core cities from five continents [2] - The alliance focuses on key issues such as digital infrastructure development, cross-border data governance, AI ethics, and smart city applications, aiming to enhance urban cluster collaboration and innovation in digital governance [2] Group 2 - Beijing and other regions are leading the way in urban digital transformation, integrating data flow and utilization into all aspects of urban planning, construction, and operation, which enhances economic vitality and governance levels [3] - In the first quarter of this year, Beijing's digital economy added value grew by 8.3% year-on-year, with core industries increasing by 9.7%, indicating significant progress in digital economic development [3] - The exploration of digital economy concepts and pathways in Beijing has evolved over time, from the "Digital Economy Partner Cities" initiative in 2023 to the launch of the Global Digital Economy City Alliance in 2024 [3] Group 3 - The construction of digital friendly cities is seen as a new path for urban development and a foundational aspect of the restructuring of the global governance system, emphasizing the need for collaborative mechanisms across countries and sectors [4] - The "Global Digital Friendly Initiative" was launched during the conference to foster global consensus and promote the creation of a digital friendly world [4] Group 4 - The critical role of small and medium-sized enterprises (SMEs) in the digital economy is highlighted, as they are seen as the main force and source of innovation, benefiting from platform empowerment [5] - The need for inclusive support for SMEs aligns with the principles of the Global Digital Friendly Initiative, emphasizing the importance of creating a conducive environment for their development in building digital friendly cities [5]

Core Viewpoint - Beijing is actively seizing opportunities in the global digital economy, with significant growth in its digital economy value added, projected to exceed 2.2 trillion yuan in 2024, marking a 7.7% year-on-year increase, and a 10.1% growth in core digital economy industries [1][4] Group 1: Digital Economy Development - The establishment of the "Global Digital Economy City Alliance" at the 2025 Global Digital Economy Conference highlights the role of cities as key drivers of sustainable development and global collaboration [2][4] - Beijing's digital economy value added accounts for 45% of its regional GDP, positioning it as a leading city in the global digital economy [4][9] - The city has registered 132 AI large models, representing 35% of the national total, indicating a strong presence in AI technology development [10][11] Group 2: Technological Innovation - The Xiaomi automobile factory in Beijing utilizes over 700 robots, achieving 100% automation in more than 200 key processes, showcasing the integration of digital technology in manufacturing [5][7] - Beijing has built over 140,000 5G base stations, supporting its ambition to become a "City of Light Networks" and a "Ten-Gigabit City" [13] - The city is advancing in frontier technologies, including brain-computer interfaces and humanoid robots, reflecting its commitment to innovation [13][15] Group 3: Policy and Infrastructure - Beijing has implemented supportive policies for AI and robotics, with financial assistance up to 30 million yuan for enterprises, fostering a conducive environment for innovation [15][16] - The city is expanding application scenarios for robotics across various sectors, including healthcare, manufacturing, and agriculture, to meet critical demands [15][16] Group 4: Global Cooperation and Challenges - The concept of "Digital Friendly Cities" was introduced to address global challenges in digital governance, emphasizing collaboration and shared solutions among nations [18][21] - The conference gathered representatives from over 50 countries to discuss strategies for digital transformation and cooperation [1][18]

本报记者 郭冀川 7月2日，以"建设数字友好城市"为主题的2025全球数字经济大会（以下简称"大会"）在国家会议中心开幕，大会设 置"1+6+N"框架，即1场开幕式、6场主论坛、多场专题论坛及特色活动，全方位展现数字科技应用如何赋能高质量发展，为全 球数字经济的发展注入新的活力与动力。 "全球数字经济城市联盟" 共促国际合作交流 为呈现数字经济的"产业链"价值，大会还推出了"数字经济国际合作交流体验区"（以下简称"体验区"），这里汇聚了众 多"首发首秀"的产品及技术，犹如一场数字科技的盛宴，集中展示着数字经济领域的最新成果。 在大模型应用方面，摩尔线程智能科技（北京）股份有限公司联合生态伙伴无锡雪浪数制科技有限公司首次展示了工业应 用"图零"大模型。该模型应用于机械装备的零部件加工环节，公司工程师现场演示"图零"大模型如何利用多模态大模型实现大 小模型结合进行多策略增强的图纸参数识别，提供加工工艺生成、加工设备推荐与匹配、零部件选型、供应商匹配服务，赋能 首件检测（FAI）、图纸审核与标注、第三方检测等产品研发工程智能化。 在数字服务领域，首都信息发展股份有限公司（以下简称"首都信息"）在此次大会上发布8项前 ...