京东物流：收购京东旗下业务 涉资 2.7 亿美元 阿里通义林俊旸：已建立机器人和具身智能的小型团队 10月8日消息，阿里通义千问大语言模型负责人林俊旸在社交媒体上发文表示，已建立机器人和具身智能的小型团队。他表示，多模态基础模型正转变为 基础智能体（agents），这些智能体可以利用工具和记忆通过强化学习进行长视野（long-horizon ）推理，"它们绝对应该从虚拟世界走向物理世界"。 阿里巴巴：完成未到期优先票据的交换要约 10月9日，阿里巴巴在港交所公告称已完成 2024 年 11 月发行的未到期以美元计价优先无担保票据的交换要约。2025 年 9 月 4 日，其启动交换要约，以一 定本金总额于 2030、2035、2054 年到期的优先票据，换取等额本金金额的对应未到期票据。 10月8日消息，10月1日，"共享充电宝第一股"怪兽充电向美国证券交易委员会（SEC）提交了13E3文件，公告称公司董事会已正式拒绝高瓴资本于8月提 出的溢价私有化要约，并决定继续推进与信宸资本（中信资本旗下）及管理层组成财团的原有私有化方案。 10月9日，京东物流在港交所公告，作为买方与卖方 JD.com 订立业务转让协议， ...

央视网消息：从需求结构来看，消费物流需求保持稳定增长。其中，线上消费物流持续活跃，新业态驱动作用明显增强，即时零售 交易额和直播电商交易额均保持两位数增长。 杭州市临安区交通运输局道路运输服务中心科长宋银峰介绍，针对农村电商规模比较大的这些企业，通过撮合他们双方来减少相应 的中间环节，既可以保障环节的顺畅性，也可以有效降低物流企业和电商企业相应的中间成本。 1—8月，全国实物商品网上零售额增长6.4%，增速比1—7月加快0.1个百分点，快于同期社会消费品零售总额1.8个百分点。乡村消 费物流需求持续增长，农村电商增长潜力同步释放。 在浙江临安这家当地规模最大的农村电商企业，工作人员忙着将当地的特产年糕和小香薯等特色农产品进行搬运、打包。企业负责 人介绍，眼下，正值年糕销售旺季，日订单量超过1万单。为高效承接庞大的电商订单，多家快递企业专门在此设立驻点，从早上9 时到晚上12时持续提供发货服务。 据了解，杭州临安的农村"快递进村"在2025年实现了固定时间、固定线路的常态化服务。依托本地丰富的特产资源和日益便利的物 流条件，越来越多的电商企业选择扎根农村。 8月份，全国快递业务量完成161.5亿件，同比增长12 ...

Core Points - The Shanxi Provincial Development Bureau has officially announced the list of "Provincial-level Small and Medium-sized Enterprise Parks" for 2025, aiming to promote the development of the private economy and support the innovation and growth of SMEs [1][4] - A total of 14 parks have been awarded the title, with notable performances from the Shanxi Transformation Comprehensive Reform Demonstration Zone, which had four parks selected [3][4] Summary by Sections Announcement and Purpose - The announcement is part of a broader initiative to enhance the development of the private economy in Shanxi Province, focusing on the innovation and transformation of SMEs [1][4] - The selection process involved multiple steps, including voluntary applications, recommendations from local economic departments, expert evaluations, site visits, public announcements, and meetings to ensure fairness and scientific rigor [3] Selected Parks - The 14 awarded parks include: 1. Changzhi Intelligent High-end Equipment Manufacturing Industrial Park 2. Qinxian Modern Agricultural Industrial Park 3. Shanxi Transformation Comprehensive Reform Demonstration Zone SME Industrial Park 4. Shanxi Digital Economy Innovation Park 5. Tianjiao Technology Park 6. Yajia SME Park - Notably, the Shanxi Digital Economy Innovation Park focuses on providing digital transformation support and big data analysis services to enterprises [5][3] Role and Expectations - Provincial-level SME parks play a crucial role in the economic development of the region by providing low-cost facilities, shared equipment, and public services, thereby reducing operational costs for SMEs [4] - The Shanxi Provincial Development Bureau expects these parks to enhance service levels and adapt to new economic trends, encouraging collaboration with universities and research institutions to foster innovation and technology transfer [4]

智利《三点钟报》9月12日报道，智利电商市场数字销售额正以两位数增长。根据 全球研究机构Mordor Intelligence的数据，到2030年，该国电商市场规模将突破240亿美 元。康德公司的研究显示，网购习惯已深入人心——近几个月77%的智利人曾通过电商 平台购物。跨境购物同样保持增长态势，中国平台占据主导地位：据圣地亚哥商会 （CCS）测算，这些平台占据了智利消费者国际交易量的55%。根据圣地亚哥商会 （CCS）在第七届"时尚在线"研讨会上公布的数据，截至2025年4月，速卖通以27%的 偏好度稳居智利消费者最青睐的海外供应商榜首。速智利物流企业Starken作为速卖通 智利合作伙伴荣获速卖通颁发的"2025最佳质量合作伙伴"奖，成为南美地区首个获此殊 荣的运营商。 （原标题：智利在区域电商物流链中表现突出） ...

以下文章来源于黄青春频道 ，作者黄青春Youth 黄青春频道 . 看清流量迁徙的切面 出品｜虎嗅黄青春频道 作者｜商业消费主笔 黄青春 题图｜视觉中国 菜鸟 CEO 万霖鲜少站在聚光灯下，上周三（9 月 10 日），他主动在杭州菜鸟总部不疾不徐讲了近一个小时。 从虎嗅参会体验来看，即便菜鸟业务缺乏性感的商业叙事、掰开了依然显得艰涩难懂，但万霖对物流行业及电 商趋势的洞察，不失为外界审视中国企业出海的一面镜子。 万霖近一个小时的分享犹如"庖丁解牛"，先从中国电商行业现状与发展趋势"下刀"，指出短期内所面临的变化 与挑战。 首先，是一慢。 中国电商渗透率已近 50%，每年电商在零售行业渗透率仍有 2% 的提升，东南亚、拉美等新兴市场则保持着近 15% 的年化增速； 但经历过去 20多年高速发展之后，全球平均增速已从两位数增长逐步放缓到 8% 左右。 尤其今年，美国关税政策犹如"蝴蝶扇动翅膀"，带动其他国家和地区陆续跟进关税调整，而新政策、新法规落 实到跨境物流会导致成本、标准、门槛也同步变化，对跨境电商冲击尤为明显。 其次，是一快。 宏观一慢一快 过去，电商只占很小份额的时候，传统 2B 供应链与电商供应链是分开 ...

出品｜虎嗅黄青春频道 作者｜商业消费主笔 黄青春 题图｜视觉中国 菜鸟 CEO 万霖鲜少站在聚光灯下，上周三（9 月 10 日），他主动在杭州菜鸟总部不疾不徐讲了近一个小时。 从虎嗅参会体验来看，即便菜鸟业务缺乏性感的商业叙事、掰开了依然显得艰涩难懂，但万霖对物流行业及电商趋势的洞察，不失为外界审视 中国企业出海的一面镜子。 宏观一慢一快 万霖近一个小时的分享犹如"庖丁解牛"，先从中国电商行业现状与发展趋势"下刀"，指出短期内所面临的变化与挑战。 首先，是一慢。 中国电商渗透率已近 50%，每年电商在零售行业渗透率仍有 2% 的提升，东南亚、拉美等新兴市场则保持着近 15% 的年化增速；但经历过去 20多年高速发展之后，全球平均增速已从两位数增长逐步放缓到 8% 左右。 其次是稳定性需求：客户更关注物流网络的稳定性与成本可控性，尤其在政策波动下需快速切换方案；与之对应，商家加速布局新兴市场（如 北欧、土耳其），推动物流网络全球化覆盖。 这背后，技术不动声色支撑着物流变革，主要有两个方面： 尤其今年，美国关税政策犹如"蝴蝶扇动翅膀"，带动其他国家和地区陆续跟进关税调整，而新政策、新法规落实到跨境物流会导致成本、 ...

Core Insights - Teleport partners with Shipsy to enhance last-mile supply chain visibility in Southeast Asia through AI integration [1][3] - The collaboration addresses consumer pain points related to delivery delays by providing reliable real-time tracking information [3] - Advanced tracking technology can reduce delivery times by up to 20%, which is crucial in the fast-paced e-commerce environment [3] Company Overview - Teleport is a comprehensive e-commerce logistics company operating the largest asset-light air logistics network in Southeast Asia, aiming to provide affordable and reliable cross-border delivery services [7] - Shipsy is an AI-driven supply chain platform that helps shippers and logistics companies reduce costs, improve operational efficiency, and enhance customer experience [6] Implementation and Results - The integration of Shipsy's transportation management system has been successfully piloted in Singapore, saving Teleport's operations team approximately 5 hours of work per week [4] - The system has been fully deployed in Teleport's last-mile delivery operations across Malaysia, Singapore, the Philippines, Thailand, and Indonesia [4] - Future plans include expanding the system to first-mile delivery operations in all markets except China to achieve high levels of accuracy [4][5]

Core Insights - The e-commerce logistics index in China reached a new high of 112.3 points in August, reflecting a 0.3 point increase from the previous month, indicating robust growth in e-commerce consumption and logistics operations [1][2] - The total business volume index for e-commerce logistics also hit a new high at 131.4 points, up by 0.5 points from July, showcasing the increasing demand in the sector [1][2] E-commerce Logistics Performance - The rural e-commerce logistics business volume index rose to 131.7 points in August, marking a 0.2 point increase, demonstrating sustained growth in rural e-commerce consumption [3][4] - The eastern and western regions of China saw their rural e-commerce logistics indices increase by 0.4 and 0.9 points respectively, with most regions exceeding the national average [4] Demand and Supply Dynamics - The e-commerce logistics index has shown a continuous upward trend for six consecutive months, driven by increased consumer demand and a stable supply recovery [4] - In August, the overall e-commerce sales and promotional activities significantly increased compared to July, with seasonal factors such as the back-to-school season and autumn clothing launches contributing to the demand surge [4] - The logistics sector is leveraging advanced technologies like AI, big data, and cloud computing to enhance service quality, resulting in a 0.5 point decrease in cost index for three consecutive months [4] Future Outlook - The upcoming "Golden September and Silver October" consumption peak, along with the back-to-school season, is expected to maintain a steady upward trend in e-commerce logistics demand in September [5]

Core Insights - The China E-commerce Logistics Index for August 2025 reached 112.3 points, marking a 0.3-point increase from the previous month and setting a new high for the year [1] - The total business volume index for e-commerce logistics surpassed 131 points, with a value of 131.4 points in August, reflecting a 0.5-point increase from July [1][2] - The rural e-commerce logistics business volume index also rose to 131.7 points, up 0.2 points from the previous month, indicating a continued recovery in rural logistics [1][2] Business Volume and Regional Performance - The total business volume index in the eastern region increased by 0.7 points, exceeding the national average, while the central region remained stable [1] - The rural business volume index in the eastern and western regions rose by 0.4 and 0.9 points, respectively, with most regions outperforming the national average [1] Service Quality and Employment - The satisfaction and fulfillment rate indices increased by 0.4 and 0.5 points, respectively, as service quality improved due to reduced extreme weather conditions [2] - The personnel index rose by 0.5 points, reaching a new high for the year, driven by increased demand for labor as business volume continued to rise [2] Cost and Efficiency Metrics - The cost index decreased by 0.5 points, continuing a downward trend for three consecutive months, now at 117.2 points, the lowest since 2023 [3] - The inventory turnover rate index fell by 0.2 points, while the actual load rate index decreased by 0.5 points, indicating adjustments in logistics operations to meet demand [2][3] Market Trends and Future Outlook - The overall logistics industry sentiment index rose to 50.9%, reflecting positive market signals as demand surged and extreme weather conditions diminished [3] - The upcoming "Golden September and Silver October" consumption peak, along with the back-to-school season, is expected to sustain the upward trend in e-commerce logistics demand [3]

1. Report Industry Investment Rating - No investment rating information provided in the report 2. Core View of the Report - The U.S. three major indices showed mixed performance. The previous trading day saw the stock index rebound with oscillations, with the communication sector leading the gains and the power equipment sector leading the losses. The market turnover was 2.00 trillion yuan. On September 9, the margin trading balance increased by 5952 million yuan to 2303.495 billion yuan. In 2025, domestic liquidity is expected to remain loose, and it is in a policy window period. In the fourth quarter, more incremental policies may be introduced to boost the real economy, and external risks are gradually easing. The increasing probability of the Fed's interest - rate cut in September further enhances the attractiveness of RMB assets. The current market is in a resonance period of "policy bottom + capital bottom + valuation bottom", but one needs to adapt to the accelerating sector rotation and structural differentiation. The CSI 500 and CSI 1000 indices, which are mostly composed of technology - growth stocks, are more offensive, with larger fluctuations but potentially higher returns. The SSE 50 and CSI 300, which are mostly composed of dividend blue - chip stocks, are more defensive, with smaller fluctuations but relatively weaker price elasticity. Since July, the stock index has continued to rise with a large increase, and it may undergo shock consolidation in the short term, but the probability of a long - term market continuation is high [2] 3. Summary by Relevant Catalogs 3.1 Stock Index Futures Market - **IF Contracts**: The previous two - day closing prices of IF contracts (current month, next month, next quarter, and far - quarter) were 4426.20, 4419.20, 4399.60, and 4379.20 respectively, and the previous day's closing prices were 4432.40, 4422.80, 4400.60, and 4378.20 respectively. The price increases were 11.60, 10.00, 7.40, and 4.60 respectively, and the corresponding increases in the CSI 300 were 0.26, 0.23, 0.17, and 0.11. The trading volumes were 76988.00, 6115.00, 38360.00, and 9217.00 respectively, and the open interest was 113485.00, 15085.00, 106452.00, and 40453.00 respectively. The changes in open interest were 944.00, 828.00, 4011.00, and 1524.00 respectively [1] - **IH Contracts**: The previous two - day closing prices of IH contracts (current month, next month, next quarter, and far - quarter) were 2925.40, 2925.80, 2924.80, and 2926.60 respectively, and the previous day's closing prices were 2937.80, 2936.20, 2936.80, and 2939.80 respectively. The price increases were 15.80, 14.60, 15.00, and 16.60 respectively, and the corresponding increases in the SSE 50 were 0.54, 0.50, 0.51, and 0.57. The trading volumes were 33015.00, 2270.00, 14970.00, and 2994.00 respectively, and the open interest was 48255.00, 5673.00, 32649.00, and 9310.00 respectively. The changes in open interest were - 159.00, - 802.00, 623.00, and 245.00 respectively [1] - **IC Contracts**: The previous two - day closing prices of IC contracts (current month, next month, next quarter, and far - quarter) were 6872.80, 6813.60, 6696.40, and 6550.00 respectively, and the previous day's closing prices were 6863.40, 6803.00, 6682.80, and 6531.20 respectively. The price decreases were 3.40, 5.00, 9.20, and 15.20 respectively, and the corresponding decreases in the CSI 500 were 0.05, 0.07, 0.14, and 0.23. The trading volumes were 75803.00, 7440.00, 39131.00, and 12223.00 respectively, and the open interest was 105294.00, 15435.00, 88732.00, and 37927.00 respectively. The changes in open interest were 1013.00, 556.00, 801.00, and - 638.00 respectively [1] - **IM Contracts**: The previous two - day closing prices of IM contracts (current month, next month, next quarter, and far - quarter) were 7165.80, 7100.60, 6956.40, and 6776.80 respectively, and the previous day's closing prices were 7151.00, 7088.60, 6938.20, and 6750.00 respectively. The price decreases were 2.40, 3.80, 10.60, and 19.80 respectively, and the corresponding decreases in the CSI 1000 were 0.03, 0.05, 0.15, and 0.29. The trading volumes were 161976.00, 14887.00, 74810.00, and 23421.00 respectively, and the open interest was 154502.00, 30109.00, 132535.00, and 66557.00 respectively. The changes in open interest were - 826.00, 1901.00, 1429.00, and 539.00 respectively [1] - **Inter - month Spreads**: The current values of the inter - month spreads of IF (next month - current month), IH (next month - current month), IC (next month - current month), and IM (next month - current month) were - 9.60, - 1.60, - 60.40, and - 62.40 respectively, and the previous values were - 7.00, 0.40, - 59.20, and - 65.20 respectively [1] 3.2 Stock Index Spot Market - **Major Indexes**: The previous values of the CSI 300, SSE 50, CSI 500, and CSI 1000 indexes were 4445.36, 2939.59, 6932.11, and 7230.17 respectively, and the previous two - day values were 4436.26, 2928.63, 6928.97, and 7226.03 respectively. The increases were 0.21, 0.37, 0.05, and 0.06 respectively. The trading volumes (in billions of lots) were 203.60, 56.40, 189.92, and 252.67 respectively, and the total trading amounts (in billions of yuan) were 5355.39, 1338.02, 3596.67, and 3961.05 respectively [1] - **Industry Indexes**: Among the CSI 300 industry indexes, the energy, raw materials, industrial, and optional consumption sectors had decreases of - 0.47%, - 1.21%, - 0.88%, and - 0.61% respectively. The major consumption, medical and health, real - estate finance, and information technology sectors had increases of 0.31%, - 0.71%, - 0.08%, and 2.13% respectively. The telecommunications business and public utilities sectors had increases of 4.05% and 0.00% respectively [1] 3.3 Futures - Spot Basis - **IF Contracts and CSI 300**: The previous values of the basis of IF (current month - CSI 300), IF (next month - CSI 300), IF (next quarter - CSI 300), and IF (far - quarter - CSI 300) were - 12.96, - 22.56, - 44.76, and - 67.16 respectively, and the previous two - day values were - 10.06, - 17.06, - 36.66, and - 57.06 respectively [1] - **IH Contracts and SSE 50**: The previous values of the basis of IH (current month - SSE 50), IH (next month - SSE 50), IH (next quarter - SSE 50), and IH (far - quarter - SSE 50) were - 1.79, - 3.39, - 2.79, and 0.21 respectively, and the previous two - day values were - 3.23, - 2.83, - 3.83, and - 2.03 respectively [1] - **IC Contracts and CSI 500**: The previous values of the basis of IC (current month - CSI 500), IC (next month - CSI 500), IC (next quarter - CSI 500), and IC (far - quarter - CSI 500) were - 68.71, - 129.11, - 249.31, and - 400.91 respectively, and the previous two - day values were - 56.17, - 115.37, - 232.57, and - 378.97 respectively [1] - **IM Contracts and CSI 1000**: The previous values of the basis of IM (current month - CSI 1000), IM (next month - CSI 1000), IM (next quarter - CSI 1000), and IM (far - quarter - CSI 1000) were - 79.17, - 141.57, - 291.97, and - 480.17 respectively, and the previous two - day values were - 60.23, - 125.43, - 269.63, and - 449.23 respectively [1] 3.4 Other Domestic and Overseas Indexes - **Domestic Indexes**: The previous values of the Shanghai Composite Index, Shenzhen Component Index, Small and Medium - sized Board Index, and ChiNext Index were 3812.22, 12557.68, 7686.96, and 2904.27 respectively, and the previous two - day values were 3807.29, 12510.60, 7676.37, and 2867.97 respectively. The increases were 0.13%, 0.38%, 0.14%, and 1.27% respectively [1] - **Overseas Indexes**: The previous values of the Hang Seng Index, Nikkei 225, S&P 500, and DAX Index were 26200.26, 43837.67, 6532.04, and 23632.95 respectively, and the previous two - day values were 25938.13, 43459.29, 6512.61, and 23718.45 respectively. The increases were 1.01%, 0.87%, 0.30%, and - 0.36% respectively [1] 3.5 Macroeconomic Information - China's CPI in August was flat month - on - month and decreased by 0.4% year - on - year due to the high base and the drag of food prices. The core CPI increased by 0.9% year - on - year, with the increase expanding for the fourth consecutive month. The PPI decreased by 2.9% year - on - year, with the decline narrowing by 0.7 percentage points compared with the previous month, and was flat month - on - month, ending the eight - month downward trend [2] - The report on the implementation of the national economic and social development plan since this year pointed out that in the second half of the year, it is necessary to better coordinate domestic economic work and international economic and trade struggles, coordinate high - quality development and high - level security, maintain policy continuity and stability, enhance flexibility and predictability, focus on stabilizing employment, enterprises, the market, and expectations, and promote the domestic and international dual - cycle, aiming to promote a reasonable recovery of the price level, social employment stability, and economic growth [2] - China will unswervingly expand high - level opening - up, actively align with international high - standard economic and trade rules, accelerate pilot implementation in platforms such as free trade pilot zones and national service trade innovation and development demonstration zones, and promote high - quality development of service trade [2] - China opposed the negative words and deeds of the US side, which damaged China's legitimate rights and interests and interfered in China's internal affairs [2] 3.6 Industry Information - Six departments including the Ministry of Industry and Information Technology jointly launched a special rectification action on network chaos in the automotive industry, focusing on issues such as online trolls and "black public relations" [2] - China has made major breakthroughs in prospecting for strategic emerging industry minerals, discovering an "Asian lithium belt" spanning four provinces and regions and multiple large and super - large lithium mines [2] - In August, the comprehensive inventory coefficient of automobile dealers was 1.31, a 3% month - on - month decrease and a 12.9% year - on - year increase. The inventory level was below the warning line but higher than the reasonable range. The passenger car terminal retail sales in September are expected to increase steadily month - on - month [2] - The China E - commerce Logistics Index in August was 112.3 points, up 0.3 points from the previous month, reaching a new high this year, and has increased for six consecutive months [2]