21世纪经济报道记者高江虹实习生张贺芸 过去这一周，中国在放假过春节，国际市场大事依旧不断。 头部集团陆续披露财报，表现各异。爱马仕稳健增长并放缓提价幅度，Moncler业绩超预期聚焦美亚市 场。人事层面，Valentino、LVMH、梅西百货纷纷启用行业资深高管，优化核心团队以适配战略转型。 零售与电商领域，Aritzia、eBay通过收购补位布局，无印良品加码欧洲市场寻求新增长；运动赛道上， New Balance实现逆势高增，成为行业洗牌中的突出赢家。另有意大利多元化时尚集团Oniverse 打通 "日 常时尚 + 高端生活"， 跨界游艇、餐饮、葡萄酒。 整体来看，行业仍处在变化的快车道上，企业纷纷通过业绩优化、人事调整、区域扩张等举措，应对市 场变化与行业竞争。 1. 梅西百货挖走Saks Global 高管Dayna Ziegler 2月20日，美国零售巨头梅西百货宣布，任命Dayna Ziegler 为高级副总裁兼女装成衣总经理，该任命于3 月2日正式生效，Ziegler将向梅西首席采购官Nata Dvir汇报工作。 Ziegler 此前任职于陷入破产保护程序的Saks Global，担任高级副总 ...

（原标题：?全球最大主权财富基金"恐高"? 2025年下半年减持英伟达(NVDA.US)等美国科技巨头） 智通财经APP获悉，根据挪威政府最新公布的一份持仓清单，规模高达2.2万亿美元的挪威主权级别财 富基金在2025年下半年减持了美国股市最大规模科技巨头股票仓位，其中包括其长期以来的第一大持仓 ——即AI芯片超级霸主英伟达(NVDA.US)。截至年末，负责管理该基金的挪威央行投资管理公司 (Norges Bank Investment Management，NBIM)已削减其前四大科技巨头持仓，除英伟达外还包括苹果公 司(AAPL.US)、微软公司(MSFT.US)以及谷歌母公司Alphabet(GOOGL.US)。 该主权财富基金将芯片巨头英伟达的持股比例从6月底的1.32%降至年末的1.26%，同时将微软的持股比 例从1.35%降至1.26%，但是这两家科技巨头仍是该基金最有价值的前五大投资之一，其后依次为 Alphabet和云计算与电商巨头亚马逊公司(AMZN.US)。苹果则是该主权财富基金第二大投资。作为简化 投资组合战略的一部分，该主权财富基金退出了摩尔多瓦、冰岛等国股市，同时选择新增约旦和巴拿 ...

Core Viewpoint - China and Canada have reached a consensus on key economic and trade issues during Prime Minister Carney's visit to China in January 2026, aiming to establish a healthy, stable, and sustainable economic relationship under a new strategic partnership framework. Group 1: Strengthening Economic and Trade Cooperation - Both parties commit to enhancing the Economic and Trade Joint Committee, led by the Ministry of Commerce of China and the Department of Foreign Affairs, Trade and Development of Canada, as the main channel for promoting economic cooperation and resolving trade disputes [2] - The Economic and Trade Joint Committee will be elevated to a ministerial-level mechanism, meeting at least once a year and holding additional meetings as needed [2] - Both sides will effectively utilize working groups that report directly to the Economic and Trade Joint Committee [3] Group 2: Promoting Bilateral Economic Relations - Both parties reaffirm the importance of working within the framework of WTO rules and addressing challenges through cooperation and constructive dialogue, while striving to avoid unilateral measures in the future [5] - There is a commitment to encourage contact between relevant departments, business associations, and enterprises to promote bilateral trade and investment activities [5] - Both sides will support enhanced communication and cooperation in the field of small and medium-sized enterprises [6] Group 3: Agricultural and Food Cooperation - Both parties will maintain open communication channels to resolve outstanding agricultural trade issues [11] - They welcome the renewal of the memorandum of understanding on food safety and animal and plant health cooperation, committing to in-depth exchanges on food safety and technical cooperation [11] - Coordination to restart the China-Canada Agricultural Joint Committee is also promised [11] Group 4: Green and Sustainable Trade - Both parties commit to promoting sustainable trade and investment, including trade in green products [12] - They welcome the signing of a memorandum of understanding on cooperation in modern wood structure construction [12] Group 5: E-commerce Cooperation - Both sides will explore opportunities to strengthen dialogue in the e-commerce sector, including potential memorandums of understanding [13] - China welcomes Canada as the guest country at the sixth China International Consumer Products Expo [13] Group 6: Facilitating Personnel Exchanges - Both parties will promote the facilitation of personnel exchanges, business activities, and tourism cooperation under acceptable conditions [14] - They welcome the recent increase in direct flights and commit to discussions on gradually increasing direct flights within the framework of the aviation transport agreement [14] Group 7: Economic and Financial Cooperation - A China-Canada Financial Working Group will be established to enhance bilateral cooperation on financial policies, market stability, and global financial governance [15] Group 8: Multilateral and Regional Economic Cooperation - Both parties reaffirm their support for a rules-based multilateral trading system centered on the WTO and commit to collaboration in areas of mutual interest [16] - They will work together through the Asia-Pacific Economic Cooperation to promote trade investment and sustainable growth [16] - Canada appreciates China's efforts to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership [16]

省级层面，将重点围绕九大主题举办消费促进活动，包括优化实施消费品以旧换新，扩大商品消费；推 进"有奖发票"试点，以"小发票"撬动"大消费"；启动"青海家宴"品牌建设三年行动，打响特色餐饮品 牌；举办"老字号嘉年华・新春年货季"，打造一站式新春消费场景；举办"购在青海 双节添彩"线上促 消费活动，力促一季度消费"开门红"；办好第八届双品网购节，激发品质品牌消费活力；举办精品消费 月活动，在年末叠加多重优惠提振消费；推广"青海好物"，助力特色产品开拓国内外市场；深化农体文 旅商融合，推动多业态协同促消费。 各市（州）、县（区）商务等部门，将结合本地特色，开展200场以上区域消费促进活动。各类市场主 体，将借助季节时令、节日假期、体育赛事、文艺演出、旅游出行等消费热点载体，开展200场以上打 折让利、满减赠礼等促消费活动。 本报讯 （记者 董洁） 为深入贯彻党的二十届四中全会、中央经济工作会议"扩大内需、提振消费"决策 部署，全面落实省委、省政府"以开局即决战、起步即冲刺的姿态，奋力实现一季度'开门红'"的工作安 排，青海省商务厅提前谋划、精心布局，制定《2026年青海省消费促进活动方案》，并于1月19日举办 启动 ...

据介绍，玉林市市场监管局充分发挥消费者保护工作联席会议机制作用，联动各成员单位开展"提升放 心消费环境我参与"活动。2025年以来，先后开展"走进3·15"主题活动、专题公益宣传28场次，通过发 放宣传资料、播放视频、张贴宣传海报、制作公益广告等方式，让消费维权 【下载黑猫投诉客户端】 知识深入人心，让诚信经营理念扎根市场。 玉林市市场监管局相关负责人表示，将持续深化放心消费环境建设，不断完善维权机制，切实保障消费 者合法权益，让"放心消费"成为玉林的城市名片。 （来源：中国消费者报） 玉林市市场监管局线下推动诚信服务提质升级，动员符合条件的实体店主动承诺"七天无理由退货"，不 断优化售后服务体验；线上引导诚信网购平台落实首问负责、赔偿先付等制度，规范亮照亮证流程，切 实保障网购安全，让线上消费更安心。 本报南宁讯（邹宇 记者顾艳伟）记者近日从广西壮族自治区玉林市市场监管局了解到，2025年以来， 该局紧扣消费提质扩容目标，通过全方位宣传、多部门联动、强基础创建、"铁拳式"整治等举措，擦 亮"放心消费在玉林"品牌，有效提升消费者满意度，让消费更安心、舒心、放心。截至2025年年底，玉 林市共有2479户商家主 ...

Group 1: Transportation Service Trade - The goal is to develop a competitive international freight forwarding market with a focus on comprehensive international freight forwarding companies and innovative operational models [1] - Key cultivation points include having at least 70% of total revenue from international freight forwarding and related auxiliary services, and establishing logistics service networks both domestically and internationally [2] Group 2: Tourism Service Trade - The aim is to create a prosperous tourism market with strong enterprises and encourage horizontal alliances among companies [3] - Key cultivation points for star-rated hotels include hosting at least 30% of foreign guests and obtaining city-level tourism standardization demonstration unit status [4] - Economic hotel chains should have over 400 branded hotels and expand internationally through franchising [5] Group 3: Telecommunications, Computer, and Information Service Trade - The objective is to establish leading enterprises with strong technological innovation and service quality in the telecommunications and information services sector [6] - Key cultivation points include software development services with international market capabilities and certifications in quality management systems [7][8] - Data processing and information system maintenance services should also focus on international market development and high technical standards [9] Group 4: Engineering Contracting and Construction Service Trade - The goal is to innovate methods for "going out" and support enterprises in undertaking overseas projects, enhancing Shanghai's brand image in quality engineering [12] - Key cultivation points include undertaking large-scale overseas projects supported by the state and maintaining a good safety record [13] Group 5: Professional Service Trade - The aim is to enhance the quality and international competitiveness of professional services such as consulting, accounting, and legal services [15] - Key cultivation points include providing management consulting to foreign enterprises and obtaining necessary licenses for accounting and legal services [16][17][18] Group 6: Exhibition Services - The goal is to develop high-level international exhibition enterprises and support the introduction of domestic and international brand exhibitions [24] - Key cultivation points include hosting international exhibitions with significant foreign participation and organizing large-scale international conferences [25][26] Group 7: Pharmaceutical and Biotechnology R&D Services - The objective is to develop high-quality pharmaceutical and biotechnology R&D services and enhance international competitiveness [29] - Key cultivation points include having strong international market capabilities and signing contracts with foreign enterprises [30] Group 8: Cultural Service Trade - The aim is to cultivate culturally competitive enterprises that promote Chinese culture internationally [31] - Key cultivation points include publishing traditional publications abroad and providing printing services to foreign clients [32][33] Group 9: Medical and Health Services - The goal is to develop high-end medical services with strong international competitiveness [41] - Key cultivation points include having stable business channels and providing services to a significant number of foreign clients [42] Group 10: Sports Service Trade - The objective is to expand the sports service trade market and attract international sports resources [43] - Key cultivation points include hosting international sports events and providing professional sports consulting services [44][45][46] Group 11: Overseas E-commerce Platform Services - The aim is to encourage e-commerce platforms to explore overseas markets and develop international operational capabilities [48] - Key cultivation points include establishing or acquiring e-commerce platforms abroad with necessary qualifications [49] Group 12: Digital Delivery Service Trade - The goal is to create a favorable environment for digital trade and cultivate high-potential unicorn companies [50] - Key cultivation points include engaging in international transactions through remote delivery via computer networks [51]

除一般消费领域外，部分行业也建立了专门的投诉通道。例如，金融消费纠纷可向中国银保监 会"12378"热线（www.12378.gov.cn）咨询或反映；通信服务、网络套餐等问题可通过工信部"12381"平 台（www.chinatcc.gov.cn）举报；旅游出行中遇到合同、景区服务纠纷，可借助文化和旅游部"12301"平 台（www.12301.cn）提交投诉。 官方渠道的优势在于权威性与程序规范，投诉受理后通常会有书面登记、跟进记录等流程，能够形成正 式的行政介入。如果企业存在违法或违规行为，相关部门还可依法进行处罚。在使用这些渠道时，建议 消费者准备好完整的购买凭证、聊天记录、支付截图等信息，并在投诉中明确陈述诉求，这能显著提高 受理效率。 "货不对板""售后拖延""退款难"……遇到消费问题时，很多人第一反应是气愤，但真正要维权时，却常 常不知道从哪一步开始。事实上，从政府监管到社会化投诉平台 【下载黑猫投诉客户端】，消费者的 维权渠道已经越来越多元。了解清楚各自的作用与路径，往往能让投诉更高效。 一、官方渠道：最具权威的投诉入口 面对商品质量、售后服务或虚假宣传等问题，首选途径仍是国家市场监管体系的 ...

Core Insights - The "14th Five-Year Plan" period has seen significant advancements in China's economic and social development, contributing positively to global economic recovery and growth [1][2][3]. Economic Growth and Contributions - China's economy has consistently crossed multiple thresholds, with GDP expected to reach approximately 140 trillion RMB this year, marking a growth of over 35 trillion RMB during the "14th Five-Year Plan" [2][3]. - The contribution rate of China to global economic growth has remained around 30% during this period, highlighting its role as a major contributor to global economic stability [7][8]. Industrial and Technological Advancements - China maintains its position as the world's largest manufacturing country, with over 200 major industrial products leading in global production [2][3]. - The country has established the largest number of 5G base stations globally and has the largest research and development workforce, showcasing its commitment to technological innovation [2][3]. Consumer Behavior and Domestic Demand - Final consumption expenditure has contributed an average of 56.2% to China's economic growth over the past four years, an increase of 8.6 percentage points compared to the "13th Five-Year Plan" [4]. - New consumption trends driven by digital technology and innovative products are emerging, indicating a shift towards higher quality goods and services [4]. Social Infrastructure and Quality of Life - The "14th Five-Year Plan" has led to the establishment of the world's largest education, social security, and healthcare systems, with participation rates in basic insurance exceeding 95% [5][6]. - Significant improvements in public health and infrastructure, such as high-speed rail, have enhanced the quality of life for citizens, contributing to social stability [5][6]. International Relations and Investment - Foreign direct investment in China has reached 4.7 trillion RMB from 2021 to May this year, surpassing the total for the "13th Five-Year Plan" period, reflecting China's strong market appeal [8]. - China's commitment to opening up its economy and reducing restrictions on foreign investment demonstrates its role in promoting global economic cooperation [7][8].

Core Insights - U.S. stock futures are lower, with Dow futures dropping over 350 points [1] - Orion SA reported preliminary third-quarter results, expecting adjusted EBITDA of approximately $55 million for Q3 and a full-year projection of $220-$235 million, leading to an 18.6% drop in shares to $5.56 in pre-market trading [1] Company Movements - ENDRA Life Sciences Inc saw a 19.4% decline to $6.54 after a previous 25% increase due to $4.9 million in funding commitments [4] - Canaan Inc experienced an 11.8% drop to $1.34 after a 39% rise, with a maintained Buy rating and a $4 price target from Rosenblatt analyst Kevin Cassidy [4] - DBV Technologies SA fell 11.8% to $14.48 after a 10% gain on the previous day [4] - Nanobiotix SA tumbled 10.2% to $27.23 following a 28% increase [4] - Draganfly Inc dipped 9.4% to $12.47 after filing for a mixed shelf of up to $200 million [4] - Bitdeer Technologies Group fell 9% to $18.61 after a 15% gain [4] - Diginex Ltd declined 9% to $23.40 [4] - HIVE Digital Technologies dipped 8.1% to $6.21, with a maintained Buy rating and a $10 price target from Canaccord Genuity analyst Joseph Vafi [4] - Oatly Group AB fell 7.8% to $13.29 after a 5% gain [4] - Bit Digital Inc declined 7.7% to $3.69 after a 6% increase [4] - Upexi Inc fell 7.7% to $5.98 [4] - Sharplink Gaming Inc declined 7.1% to $14.98 after a 5% increase [4] - Nio Inc fell 5% to $6.82, with US-listed Chinese stocks trading lower due to new port fees [4] - Alibaba Group Holding Ltd declined 4% to $160.20, also affected by new port fees [4]

Group 1 - The 2025 China International Service Trade Fair will be held from September 10 to 14 at Shougang Park, featuring 129 forums and promotional activities [1] - Key forums include topics on service trade development, digital trade trends, world tourism cooperation, and e-commerce [1] - 58 promotional activities will facilitate international service trade cooperation, including events like "Beijing Day" and cross-border service promotion [1] Group 2 - Anhui Province will set up a 252 square meter comprehensive exhibition hall to showcase its service trade development and competitive advantages [2] - The province will also host a promotional event to highlight its business environment and service industry expansion initiatives [2]