Core Viewpoint - The 12th World High-Speed Rail Conference was held in Beijing, marking a significant milestone in the development of high-speed rail in China, which has achieved remarkable progress over the past 15 years [1][2]. Group 1: Achievements in High-Speed Rail - By 2024, China's high-speed rail operating mileage is expected to reach 48,000 kilometers, accounting for over 70% of the world's total high-speed rail mileage [1]. - China has the longest high-speed rail operating mileage, the fastest commercial operating speed, and the highest level of operational network accessibility globally [1]. - The "Four Vertical and Four Horizontal" high-speed rail network has been completed, and the "Eight Vertical and Eight Horizontal" main corridors are being further developed [1]. - Major high-speed rail projects include the 1,318-kilometer Beijing-Shanghai high-speed rail, the 928-kilometer Harbin-Dalian high-speed rail, and the 172-kilometer Beijing-Zhangjiakou high-speed rail, which is the world's first intelligent high-speed rail [1][2]. Group 2: Technological Advancements - China has transitioned from importing technology to achieving complete independent innovation in high-speed rail, mastering core technologies in construction, equipment manufacturing, and operation management [2]. - A comprehensive high-speed rail technology system has been established, including the successful construction of major bridges and tunnels [2]. - The Fuxing bullet train, developed independently, symbolizes China's speed, quality, and manufacturing capabilities [2]. Group 3: International Cooperation and Standards - China has developed and standardized all 13 international railway union standards in the high-speed rail sector, enhancing global technical standards [2]. - Projects like the Jakarta-Bandung high-speed rail, which reduces travel time from over 3 hours to 46 minutes, exemplify China's technological export [2]. - The Belgrade-Budapest railway has facilitated travel for approximately 11 million passengers in over three years, improving connectivity for local populations [2]. Group 4: Future Development - Future developments in China's high-speed rail will focus on safety, speed, intelligence, comfort, and sustainability [3]. - The initiative aims to contribute to the high-quality co-construction of the Belt and Road, promoting infrastructure connectivity and shared development outcomes globally [3].

7月4日，满载日用百货、陶瓷制品、聚酯切片等货品的X9043次中欧班列从西安国际港站鸣笛启 程，一路向西驶向哈萨克斯坦阿拉木图。这标志着中欧班列（西安）今年以来累计开行超3000列，较 2024年提前40天完成3000列大关，开行量、货运量、重箱率等核心指标稳居全国前列。 为提升中欧班列（西安）开行质量，中国铁路西安局集团有限公司依托铁路95306网站、货运生产 作业与管控平台，整合货运生产作业、安全监控、营销管理等核心数据，搭建智能化系统，根据实时数 据预判作业冲突和安全风险，极大优化了装卸流程，提升了装运效率。 西安国际港站充分发挥南北货场门禁系统"前哨岗"效能，通过95306小程序表单为货主及进出车辆 创建身份信息，货主可以根据取送车辆提前预约进出园区时间、在站停留时间，司机进站后能够凭借预 约信息导航直达领、送货地点，大幅提升了货物在园区内的运输效率。 截至6月，智能档口、智能防护信号等设施安装调试，与货场内的正面吊、龙门吊等智能装卸机具 形成联动。通过加装管控平台采集系统，实现作业视频实时监控、线路占用状态查询、货区货位管理及 空重箱数量统计等功能，构建起以园区综控管理服务平台为核心，涵盖生产一体化 ...

Group 1 - Guangdong's electricity load reached a historical high of 15,974 MW on July 7, 2023, marking a 1.94% increase compared to the highest load in 2024, indicating strong economic activity in the region [1] - All nine cities in Guangdong reported record electricity loads, reflecting the province's economic vitality and resilience [1] Group 2 - The global supercar carrier "Shenzhen" completed its maiden transoceanic voyage, returning to Shenzhen on July 7, 2023, and is set to transport over 6,800 new energy vehicles to Europe [2] - By 2025, China's automobile exports are expected to continue growing, with BYD's fleet of eight roll-on/roll-off ships enhancing the global presence of Chinese new energy vehicles [2] Group 3 - Guangdong's authorities conducted a comprehensive assessment of the major risk prevention situation for the third quarter of 2025, predicting a trend of more rainfall in the western region and less in the east, with 3 to 5 tropical cyclones expected to impact the province [3][4] - The anticipated weather patterns may present both opportunities and challenges for various sectors, including agriculture, energy, transportation, and tourism [4] Group 4 - The Hong Kong government approved the financial arrangements for the first part of the Northern Link project, with a verified budget of approximately HKD 31.4 billion based on 2025 prices [5] - This project aims to connect existing railway lines and improve the railway network, thereby enhancing land development potential along the route [5] Group 5 - The Shenzhen Component Index closed at 10,588.39 points on July 8, 2023, with an increase of 1.46% [6] - Notable gainers in the Shenzhen market included Xinling Electric, International Composite Materials, and Shouhang New Energy, each experiencing significant price increases [7] - Conversely, ST Huaming, *ST Zitian, and Changshan Pharmaceutical were among the largest decliners in the market [7]

中金研究 2025年上半年，交运板块呈现小票跑赢大票、H股跑赢A股的特点，一方面反映H股估值更低、股息更高的吸引力，另一方面主题性行情频发。 下半年 我们继续提示看好港股，并关注两类机会，一是跟随分红尤其是自由现金流进行配置， 包括： 1）传统的高股息板块， 看好基本面有预期差、估值低 的标的， 2）集运， 看好亚洲和内贸集运市场，短期（下半年旺季）和长期（小船供给少、区域需求增速更高）逻辑均有利，3）自由现金流改善、未 来股东回报有望提升，。 二是关注下半年可能存在边际变化、目前估值和预期偏低的板块， 如 1）物流，关注新技术（+AI）、新市场（全球拓 展），新模式（即时零售高景气），2）油运， 产量增在前、出口增在后，旺季四季度开启， 3）加盟制快递， 监管、平台和市场三重因素达成新的 平衡，竞争边际缓和有望带来估值修复， 4）航空， 票价改善叠加燃油成本下降，盈利同比大幅提升。 点击小程序查看报告原文 展望下半年，我们认为交运行业主要关注三类机会：1）交运港股标的机会，2）红利板块，3）现金流改善的标的。 Abstract 摘要 航空机场： 航空行业供需格局持续优化。我们预计未来四年全行业机队数量复合增 ...

杭州海关相关负责人表示，今年上半年浙江中欧班列(义新欧)发展"可圈可点"，不仅发运量实现两位数 增长，路线、运输货物和模式上也有新发展。从路线上来看，开行了全国首趟"金华-巴希-巴库"跨里海 国际运输走廊班列，有效缓解目前经阿克套港至巴库班列线路的拥堵情况；从模式看，开行长三角地区 首趟整列铁公多式联运"义乌-喀什北-塔什干"班列，将铁路和公路运输优势融合放大，运输时间成本较 一般铁路运输节约15%；从运输货物品类上看，开行长三角地区首趟消费型锂电池产品混装运输班列， 运输货品门类进一步拓展，结构持续优化。 商报讯(记者汤佳烨通讯员俞晶)近日，一列满载110标箱日用百货、汽车配件、纺织服装等小商品的"义 新欧"中欧班列(义乌-马德里)从浙江义乌铁路口岸货场发车，驶往西班牙马德里。同一天，满载太阳能 板、五金工具和小百货等本地产品的中欧班列经海关监管后铁路金华南站发出，奔赴欧洲。据杭州海关 统计，今年上半年浙江中欧班列(义新欧)累计发运集装箱13.1万标箱，同比增长11.1%。 截至目前，浙江中欧班列(义新欧)已拥有稳定跨境运输线路26条，辐射欧亚大陆50多个国家、160多个 城市，货物发运量保持稳定增长态势。 ...

Core Viewpoint - The successful completion of the last concrete pouring for the Tujiao Hub Interchange Double-Line Bridge of the Chengyu Central High-Speed Railway marks a significant milestone for the project, laying a solid foundation for the entire line's operation [1][3] Group 1: Project Details - The Tujiao Hub Interchange Double-Line Bridge is located in Chongqing's Tongliang District, with a total length of 3,271.6 meters, crossing the Chongqing Third Ring Expressway and the Tong'an Expressway, featuring 92 piers and 2 abutments [1][3] - The continuous beam that was recently completed spans approximately 242 meters, making it the longest continuous beam in the Chongqing section of the Chengyu Central High-Speed Railway [1][3] Group 2: Technological Advancements - The project utilized an upgraded 6-meter intelligent cantilever bridge machine, which allows for longer segment casting in a single pour, making installation and removal more convenient, while enhancing structural safety and stability [3] Group 3: Strategic Importance - The Chengyu Central High-Speed Railway is a crucial part of China's "Eight Vertical and Eight Horizontal" high-speed rail network, connecting Chongqing North Station to Chengdu Station over a total length of 292 kilometers, with a designed speed of 350 kilometers per hour [3] - Upon completion, the railway will connect with several existing and under-construction high-speed rail lines, improving the transportation network in the Chengyu region and significantly reducing travel time for residents along the route [3]

7月3日，随着重达720吨的预制箱梁在潍宿高铁新沂河特大桥精准就位，潍宿高铁江苏段"首架"施工顺 利完成，标志着线路江苏段主体工程正式进入架梁阶段，并为全线贯通奠定坚实基础。 此次架设的首榀预制箱梁为新型抗震型箱梁，梁体重达720吨，采用2台450吨提梁机提梁架设方式完成 首架。"与国内高铁项目建设不同，潍宿高铁在新沂境内采用32米规格的抗震型箱梁，该梁型在梁端增 设硬质隔板，有效提升了箱梁的抗震性。"新沂东制梁场项目书记王富明说，线路江苏段跨越郯庐地震 带，为充分保障铁路安全运营，潍宿高铁所用箱梁首次采用了抗震设计。 不同的设计方案给箱梁预制施工带来挑战。据悉，在可借鉴成熟经验较少的情况下，中铁十二局新沂东 制梁场多次与设计单位沟通，通过组织技术专家研讨、召开现场办公会等方式，逐道工序、反复模拟、 多次验证，制定出妥善的实施方案，并于2024年10月完成首榀抗震型箱梁的浇筑和验收，为全线架梁和 特殊梁型量产架设创造了技术参照。 施工中，技术团队依托BIM模型技术，建立"智慧梁场"控制中心，达到材料检测、混凝土生产、各工序 的集中可视化、智能化要求。"箱梁智能自动养护"系统的创新开发，能根据养护周期、存梁位置 ...

中新网郑州7月8日电题：探秘列控仿真实验室看高铁列车上演"贪吃蛇"的背后 盛夏时节，中原大地热浪滚滚。京广、郑渝、郑阜等高铁线路上，一列列高铁列车如同银色"巨龙"般穿 梭不息，载着万千旅客奔向远方。 暑运期间，客流量持续攀升，高铁线路满图运行。高密度、高频次的运行，对高铁运行的安全性与时效 性带来不小考验。在这背后，高铁列控系统犹如"贪吃蛇"游戏中的智能算法，能提前规划列车行驶速度 和方向，为列车在复杂的线路中"穿针引线"，确保每趟行程安全有序。 图为铁路职工在高铁列控仿真实验内进行试验。许琛摄 列控系统的高效运转，离不开专业运维人员的精心呵护。高铁列控系统技术精密、结构复杂，传统的培 训模式往往局限于理论讲解和简单的模拟操作，难以让职工掌握实战技能。 近年来，中国铁路郑州局集团有限公司(简称国铁集团郑州局)郑州高铁基础设施段创新打造高铁列控运 维三维仿真实训系统，以数字化手段赋能高铁运维人才培养，为中国高铁技术持续领跑注入新动能。 "系统还具备故障复现追溯、操作流程评估、数据智能分析等功能，可精准定位学员技术短板，定制个 性化方案。"国铁集团郑州局郑州高铁基础设施段相关负责人介绍，学员利用仿真实训系统，可模 ...

据浙江省气象台消息，8日夜里至9日白天，浙江温州、台州、丽水东部和南部等地部分有暴雨到大暴雨。温州市防指决定于8日17时起将 防台风应急响应提升为Ⅱ级。 福建宁德：威力提前显现 强风雨来袭 央视网消息：今年第4号台风"丹娜丝"的中心已于7月8日21时25分前后在浙江省温州市洞头区沿海登陆，登陆时中心附近最大风力9级。受 台风影响，浙江和福建多地将出现大暴雨，中央气象台发布"台风蓝色"和"暴雨黄色"双预警。 浙江温州：防台风应急响应提升为二级 记者在浙江温州洞头区的中屿景区看到，目前这里的风雨加大了，浪势有所增强。根据当地应急部门的消息，随着台风影响持续，强降雨 将成为主要风险，下阶段防御重点就是防暴雨及次生灾害。 浙江玉环：海上风电厂工业摄像头记录七级风圈威力 8日上午，华电浙江玉环风电场所在区域进入台风"丹娜丝"七级风圈。现场持续风速达到12.9米/秒，瞬时最大风速突破17米/秒。截至目 前，风电场32台风机全部处于满发状态，运行情况稳定。 国铁上海局停运部分旅客列车 目前，国铁上海局已启动防汛防台三级应急响应，为确保铁路运输安全和旅客出行安全，对7月8日途经杭深铁路、杭台高铁、杭温高铁等 旅客列车采取临时 ...

Core Viewpoint - The successful completion of the continuous beam for the Tujiao Hub Interchange Double-Line Bridge of the Chengdu-Chongqing High-Speed Railway marks a significant milestone in the construction of this important high-speed rail segment in China [2][5][9]. Group 1: Project Details - The continuous beam measures approximately 242 meters in length, making it the longest span in the Chongqing section of the Chengdu-Chongqing High-Speed Railway [2][5][9]. - The Tujiao Hub Interchange Double-Line Bridge has a total length of 3271.6 meters and crosses over the Chongqing Ring Expressway and the Tong'an Expressway, featuring 92 piers and 2 abutments [2][5][9]. Group 2: Importance of the Project - The Chengdu-Chongqing High-Speed Railway is a crucial part of China's "Eight Vertical and Eight Horizontal" high-speed rail network, specifically serving the Yangtze River corridor [2][5][9]. - The main line of the Chengdu-Chongqing High-Speed Railway spans 292 kilometers and is designed for a maximum speed of 350 kilometers per hour [2][5][9].