关税政策本想帮忙，结果帮倒忙。从2018年开始加关税，到2025年扩展到钢铁、电子产品，税率25%到60%不等。企业成本直线上升，美国商会报告说， 89%的制造商成本涨了。消费者呢？额外支出每年3800美元左右。 说起美国制造业回流，这几年闹得沸沸扬扬，尤其是特朗普那时候推的关税政策，总想着用高关税把工厂逼回本土。结果呢，现实骨感得很。2025年都过了 一大半了，看看数据，制造业就业岗位不升反降，8月份丢了1.2万个工作，全年下来已经少了7.8万个。局劳工统计局的数据摆在那儿，不是随便说说的。工 厂想回来，劳动力从哪儿来？基础设施跟得上吗？供应链一断就乱套。这些问题堆在一起，回流听起来像个笑话。 先说劳动力这事儿。美国制造业现在缺人缺得慌。2025年2月份，就有48.2万个岗位空着没人干。制造业研究所和德勤的报告估摸着，到2033年，这个缺口 能到190万个。为什么？年轻人不爱进厂啊。现在的工厂不像以前那么简单，自动化到处都是，需要懂软件、数据分析、编码这些玩意儿。以前的蓝领工人 转不过弯来，新一代更愿意去科技公司或者服务行业混。 制造业平均时薪30多美元，听着不错，但比起硅谷那些高薪岗位，吸引力差远了。结果 ...

Core Viewpoint - Titanium Chemical (002145) has announced a plan to engage in foreign exchange hedging activities to mitigate currency fluctuation risks, with a total amount not exceeding RMB 50 billion and a maximum outstanding amount of RMB 30 billion [1] Group 1: Stock Performance - As of November 14, 2025, Titanium Chemical's stock closed at RMB 5.63, down 2.43% from the previous trading day, with a total market capitalization of RMB 21.432 billion [1] - The stock opened at RMB 5.69, reached a high of RMB 5.77, and a low of RMB 5.62, with a trading volume of RMB 384 million and a turnover rate of 1.81% [1] Group 2: Business Announcement - The company held the sixth (temporary) meeting of the eighth board of directors on November 14, 2025, where it approved the proposal for foreign exchange hedging business [1] - The hedging activities are intended to be funded by the company's own funds and will not involve raised funds, with a validity period of twelve months from the date of shareholder meeting approval [1] Group 3: Risk Management - The company acknowledges potential risks associated with currency fluctuations, internal controls, and customer defaults, and plans to implement corresponding risk control measures [1]

Group 1 - The company, Titanium Chemical (002145.SZ), announced a share buyback program, having repurchased a total of 57.1155 million shares as of October 31, 2025, which represents 1.5004% of its total share capital [1] - The total amount spent on the share buyback is 245 million yuan, excluding transaction fees [1]

Group 1 - France's economy unexpectedly grew at the fastest pace since 2023, with a 0.5% increase in Q3, surpassing the previous quarter's 0.3% and more than double analysts' expectations [1][4] - The growth was driven by improvements in trade and domestic demand, with Finance Minister Roland Lescure describing the results as "excellent performance" [1][4] - The report is part of a broader release of economic data from the Eurozone, indicating that the region is managing the impacts of trade tensions relatively well, although growth momentum may not be seen until next year [4] Group 2 - Despite strong economic data, France faces significant political uncertainty, with Prime Minister Élisabeth Borne working to stabilize the budget and avoid political fallout [8] - The deterioration in fiscal and political conditions has led to credit rating downgrades, with warnings from the central bank about the inability to manage rising debt levels [8] - Private investment surged, and strong exports in aviation and chemicals contributed to the unexpected resilience of economic growth, although this may not be sustainable due to political uncertainties [8][9] Group 3 - In Q3, business investment rose by 0.9%, marking the strongest growth in over two years, while exports increased by 2.2% and consumer spending grew by 0.1% [9] - A report indicated that consumer spending rose by 0.3% in September, contrary to expectations of stagnation, with previous data for August revised upward [9]

Core Insights - The 2025 World Science and Technology Development Forum was held in Beijing, featuring over 120 international guests from 33 countries and regions, marking the seventh edition of the forum since its inception in 2019 [1] - The theme of this year's forum was "Artificial Intelligence Promoting Science and Development," focusing on four main topics: AI and future industries, green technology transformation of traditional industries, integrated health paradigms, and open science and global cooperation [1] - The forum aimed to provide insights for accelerating the formation of a new intelligent economy and society characterized by human-machine collaboration and cross-sector integration [1] Industry Developments - During the forum, several significant reports and standards were released, including the "Top Ten Emerging Technologies in Global Chemistry 2025," "Global Sustainable Development Science Monitoring Report (2025)," and guidelines for intelligent manufacturing applications [2] - The forum featured 10 parallel sessions, each concentrating on specific technological directions, promoting academic exchange and the transformation of research outcomes [2] - Additional activities included the opening ceremony of the World Top Scientists Forum and the China-Russia Engineering Technology Forum, enhancing the depth and breadth of international scientific cooperation [2]

Group 1 - The article highlights the educational philosophy of Yang Zhenning, emphasizing the importance of interest and talent in determining a child's path to success [10][20][22] - Yang Zhenning's children pursued diverse fields rather than following in his footsteps, showcasing the value of individual interests and strengths [6][8] - The article outlines three key parental strategies for fostering children's growth: recognizing their strengths, allowing them to make choices, and accepting mistakes [22][23][24] Group 2 - The concept of "permeation method" in education is discussed, which involves gradually deepening knowledge through exposure and practice rather than forced learning [25][27] - The article stresses the significance of cultivating good habits in children, such as reading and time management, as foundational elements for future success [28][29] - It emphasizes that a stable parental core is crucial for effective education, highlighting the need for parents to manage their emotions and maintain a calm demeanor [31][33][36] Group 3 - The article discusses the importance of developing a well-rounded personality in children, which is essential for their future resilience and adaptability [40][42] - It outlines three aspects for parents to focus on in nurturing a child's character: instilling positive values, leading by example, and providing unconditional love [46][49] - The article concludes that effective parenting involves patience and a focus on the child's unique growth trajectory rather than adhering to rigid standards [50][52]

Core Viewpoint - The article emphasizes the importance of international scientific cooperation and highlights China's role as a strong advocate and active practitioner in this field, particularly through the achievements of Chinese scientists like Zhang Lina in addressing global challenges through innovative research [1][6]. Group 1: Zhang Lina's Contributions - Zhang Lina, a polymer physicist, began her research career at the age of 46 and won the highest international award in her field at 71, demonstrating significant achievements in the study of cellulose and chitin [1][6]. - She successfully developed a low-temperature dissolution technology using NaOH/urea aqueous solution, which allows for the efficient dissolution of cellulose and chitin, overcoming traditional thermal dissolution limitations [4][5]. - Her innovations have led to the creation of various high-performance materials, including fibers, films, hydrogels, and aerogels, which are widely applied in textiles, biomedicine, energy storage, and wastewater treatment [4][5]. Group 2: Recognition and Impact - In March 2011, Zhang Lina received the Anselm Payen Award from the American Chemical Society, marking her as the first Chinese scientist to win this prestigious award in nearly fifty years [6]. - Her dual recognition through international awards and domestic honors signifies China's growing research strength in the field of renewable resources and its increasing respect on the global stage [6]. - Zhang Lina's journey illustrates that scientific innovation is not limited by age, inspiring many researchers to pursue their passions and contribute to significant advancements at any stage of their careers [8].

Core Viewpoint - The 2025 Nobel Prize in Chemistry was awarded to Japanese scientist Satoshi Kitagawa, Australian scientist Richard Robson, and American scientist Omar Yaghi for their pioneering contributions to the development of Metal-Organic Frameworks (MOFs), which are innovative molecular structures with numerous applications in various fields [1][15]. Group 1: Contributions of Richard Robson - Richard Robson's inspiration for molecular architecture came from a chemistry class in 1974, where he envisioned a method to allow atoms or molecules to connect based on their chemical properties, leading to the creation of new molecular structures [2][5]. - In 1989, Robson published his findings on the potential of molecular networks, predicting that they would endow materials with unprecedented properties [2][5]. Group 2: Contributions of Satoshi Kitagawa - Satoshi Kitagawa built upon Robson's work in the 1990s, focusing on the utility of previously deemed "useless" materials. In 1992, he created a two-dimensional molecular material with cavities capable of accommodating acetone molecules, representing a new design philosophy [6][7]. - In 1997, Kitagawa successfully constructed a three-dimensional MOF structure with intersecting open channels, demonstrating its ability to adsorb and release gases without deformation [7]. Group 3: Contributions of Omar Yaghi - Omar Yaghi coined the term "Metal-Organic Framework (MOF)" in 1995, defining it as a crystal structure composed of metal nodes and organic ligands with regular cavities [8]. - In 1999, Yaghi developed MOF-5, a highly stable framework that maintains its structure even at high temperatures, with an internal surface area equivalent to a football field, significantly surpassing traditional zeolites in gas adsorption capacity [11]. Group 4: Applications and Future Potential of MOFs - Scientists have designed thousands of MOFs for applications in carbon capture, air purification, drug delivery, and energy storage, with some being utilized in semiconductor manufacturing to capture or decompose toxic gases [15]. - The potential of MOFs is considered immense, with some experts believing they could become "materials of the 21st century," addressing critical issues in energy, environment, and health, aligning with the spirit of the Nobel Prize's mission to "benefit humanity" [15].

Core Points - Japan's manufacturing sector has experienced a significant decline in profits due to the impact of U.S. tariff policies, with overall regular profits dropping by 11.5% year-on-year for two consecutive quarters [1][4][7] - The non-manufacturing sector, particularly in tourism and services, has shown resilience with a profit increase of 6.6% compared to the previous year [3][4] Manufacturing Sector Impact - The manufacturing sector's regular profits fell sharply, particularly in the transportation machinery sector, which includes the automotive industry, with a decline of 29.7% [4][7] - Other affected industries include steel, which saw a profit drop of 48.2%, and metal products, which experienced a 36.6% decrease [4][7] - The overall regular profit for the manufacturing sector was recorded at 35.8338 trillion yen, marking a historical high for the quarter, but the decline in specific sectors overshadowed this achievement [3][4] Tariff Effects - U.S. tariffs imposed on imported automobiles and key components have significantly impacted Japanese exports, with tariffs on passenger cars rising from 2.5% to 27.5% [7][9] - The steel industry faced additional challenges as U.S. tariffs on steel and aluminum products increased from 25% to 50%, leading to losses in the Japanese steel sector [7][8] - In July, Japan's exports to the U.S. fell by 10.1% year-on-year, with automotive exports specifically declining by 28.4% [8][9] Company-Specific Impacts - Major Japanese automakers reported substantial profit losses due to U.S. tariffs, with Honda's net profit plummeting by 50.2% in the latest quarter [11] - Toyota estimated a loss of 450 billion yen in operating profit due to tariffs, with an expected total loss of 1.4 trillion yen for the fiscal year [11] - Other automakers, including Mazda, Nissan, Subaru, and Mitsubishi, also reported significant losses, prompting them to revise their profit forecasts downward [11]

Core Viewpoint - The European Commission has proposed two legislative measures to implement the joint statement between the EU and the US regarding tariff reductions, aiming to enhance transatlantic trade and investment stability and predictability [1][2] Group 1: Legislative Proposals - The proposals include the EU's plan to eliminate certain tariffs on US industrial products and provide preferential market access for some seafood and non-sensitive agricultural products, while extending zero-tariff treatment for shrimp [1] - The US has committed to reducing tariffs on EU automobiles and parts from 27.5% to 15%, and will implement zero or near-zero tariffs on several products including softwood, aircraft and parts, generic drugs, and chemical precursors starting September 1 [1] Group 2: Legislative Process - These proposals are necessary legislative steps to fulfill the first part of the commitments made in the EU-US joint statement, requiring approval from the European Parliament and the EU Council through the ordinary legislative procedure before the tariff measures can take effect [2]