稀土矿山（资料图，Reuters） 中国商务部1月6日宣布，根据《中华人民共和国出口管制法》等，即日起禁止所有两用物项对日本军事 用户、军事用途，以及一切有助于提升日本军事实力的其他最终用户用途出口。商务部没有透露是否含 有稀土。从纯电动汽车（EV）到武器，重稀土被认为在高科技产品中不可或缺。 中国政府除了禁止向日本涉及军事的客户出口之外，还禁止一切有助于提高日本军事实力的出口。在 EV电机磁铁的制造中使用稀土的Proterial公司（原日立金属）表示，"本公司产品完全没有用于军事用 途"。 由于稀土被广泛使用，因此无法全面掌握产品出厂后的流向，也有业界相关人士认为"很难断言绝对没 有用于军事用途"。 | 个位三厂 | 汉丛书丁李仙 | | --- | --- | | 企業名 | 用途 O IOB | | 村田製作所 | 智能手机和AI服务 汽车、 | | | 器等使用的电容器 | | 信越化学工業 | EV等电动汽车电机磁铁 | | プロテリアル | | | 大同特殊鋼 | | | TDK | 中文网 | | 三井金属 | 液晶面板制造用研磨材料 | | 美蓓亚三美 | 智能手机摄像头的驱动装置 | | 安 ...

人民币破7了！ 就在2025年12月25日，离岸人民币对美元汇率一举升破7.0这个关键心理关口，最高触及6.9965，这是自2024年9月以来的第一次。 这意味 着，如果你现在换5万美元给孩子交学费，比起年初接近7.2的汇率，能直接省下两万块钱，相当于一辆代步车的钱没了。 有人欢喜有人愁，一家出口北美的汽车焊装企业却发现，人民币这波升值让他们直接少赚了4600万收入，还产生了1800万的汇兑损失，相当于去年净利润的 五分之一溜走了。 汇率从来不是简单的数字游戏，它像一张巨网，悄悄牵动着每个家庭的消费、企业的利润和我们口袋里的资产价值。 这次人民币强势回归"6时代"，背后是三股劲儿拧成了一根绳。 最猛的推力来自美元自己"不争气"了。 2025年以来，美元指数经历了半个世纪以来最陡峭的 下跌，从年初的109高点一路滑落至100以下，年内累计跌幅超过8%，成了表现最弱的投资渠道之一。 美联储在特朗普的强势要求下，9月开启了降息周 期，12月又降息25个基点，将利率区间降到4.00?.25%。 美元这么一软，全球资金自然要寻找新的出口，人民币就水涨船高了。 中国经济的韧性是更关键的底气。 2025年前11个月，中国贸 ...

南都讯 据深圳海关统计，前11个月，深圳累计进出口规模保持内地城市首位，达4.12万亿元，同比（下 同）增长0.6%。其中，出口2.5万亿元；进口1.62万亿元，增长7.7%。 前11个月深圳外贸主要呈现以下特点： 五是电子零部件和农产品进口快速增长。前11个月，深圳进口机电产品1.32万亿元，增长9.5%，占同期 深圳进口总值的（下同）81.5%。其中，进口集成电路7363亿元，增长19.7%；进口以显卡、服务器为 主的电脑零部件2670亿元，增长13.1%。同期，进口农产品894亿元，增长9.9%，占5.5%。其中，粮 食、食用水产品、肉类分别进口104.4亿元、103.2亿元、234.9亿元，增长96.1%、35.5%、1.3%。 一是一般贸易占比过半，保税物流增速较快。前11个月，深圳以一般贸易方式进出口2.2万亿元，占同 期深圳进出口总值的（下同）53.5%。同期，保税物流进出口1.1万亿元，增长6.8%，占26.7%；加工贸 易进出口7969亿元，增长3.3%，占19.3%。 采写：南都N视频记者 张艳丽 通讯员 肖尔卿 二是民营企业进出口占比近七成，外商投资企业保持快速增势。前11个月，深圳民营 ...

日本首相高市早苗近期发表的涉台错误言论，在日本国内引发批评。大阪公立大学教授堀口正表示，高市错误言论对日本旅游业和经济带来了负面影 响，尤其是与中国游客和日中贸易高度相关的关西地区。 0:00 / 2:29 大阪公立大学教授 堀口正：高市发表错误言论后，我个人感觉，自11月起从中国来的游客数量就有所下降。如今大阪主要是以观光产业为重点发展的 地区，如果此次事态长期化，关西的旅游相关行业，如住宿、交通运输、土特产等行业都会受到较大影响。如果赴日中国游客的减少长期持续下去，我认为 这将对关西地区的经济，产生非常大的影响。 堀口正还表示，以大阪为中心的关西地区，一直与中国贸易关系密切，高市错误言论将导致关西地区经济受到冲击。 大阪公立大学教授 堀口正：目前从中国来日本的留学生大约每年有十万多人，占全部赴日留学生的大约三到四成左右。日中政治关系恶化的话，中国 留学生的留学意愿也会下降，甚至影响日中友好关系的长期发展。我希望高市能够展现出尊重日中友好关系的态度，通过展现这样的态度，不仅有助于改善 日本与中国的关系，也将有助于东亚乃至世界的和平。 大阪公立大学教授 堀口正：大阪经济本身也高度重视与中国的贸易关系，在IT产 ...

日本首相高市早苗近期发表的涉台错误言论，在日本国内引发批评。大阪公立大学教授堀口正表示，高市错误言论对日本旅游业和经济带来了负面影响，尤 其是与中国游客和日中贸易高度相关的关西地区。 0:00 大阪公立大学教授 堀口正：大阪经济本身也高度重视与中国的贸易关系，在IT产业、电子零部件等领域，一直与中国保持着密切往来。如果这一问题持续 下去，关西地区的经济可能会受到相当大的冲击。 大阪公立大学教授 堀口正：高市发表错误言论后，我个人感觉，自11月起从中国来的游客数量就有所下降。如今大阪主要是以观光产业为重点发展的地 区，如果此次事态长期化，关西的旅游相关行业，如住宿、交通运输、土特产等行业都会受到较大影响。如果赴日中国游客的减少长期持续下去，我认为这 将对关西地区的经济，产生非常大的影响。 堀口正还表示，以大阪为中心的关西地区，一直与中国贸易关系密切，高市错误言论将导致关西地区经济受到冲击。 大阪公立大学教授 堀口正：目前从中国来日本的留学生大约每年有十万多人，占全部赴日留学生的大约三到四成左右。日中政治关系恶化的话，中国留学 生的留学意愿也会下降，甚至影响日中友好关系的长期发展。我希望高市能够展现出尊重日中友好 ...

Core Viewpoint - The article highlights various companies' initiatives and collaborations aimed at expanding their international presence and leveraging technology, particularly AI, to enhance their operations and market reach [5][6][8][10][12]. Group 1: Company Initiatives - The video blogger team "影视飓风" has entered the B2B overseas platform Alibaba International Station, utilizing AI Agents to expand into international markets, receiving cooperation intentions from over 30 countries [5]. - The company "智动力" has successfully entered and is servicing key markets in Vietnam and India, establishing strong partnerships and making overseas business a significant part of its operations [5]. - "出门问问" launched the world's first 4G AI recording headset, TicNote Pods, which operates independently of a smartphone and is designed for various dialogue scenarios [5]. Group 2: Collaborations and Partnerships - Temu signed a memorandum of understanding with Belgian postal operator bpost group to enhance cross-border e-commerce supply chain capabilities and logistics systems in Europe and North America [6]. - Riyadh Airlines and Huawei signed a cooperation memorandum to create a new generation of digital aviation ecosystem, focusing on enhancing digital capabilities for seamless travel experiences [8]. - "北斗智联" completed a strategic financing round to accelerate its overseas expansion and product development in AI and low-altitude economy sectors, with a focus on Europe, North America, and Southeast Asia [12]. Group 3: Market Expansion and Investments - "新凤鸣" plans to invest approximately $280 million in a 360,000-ton/year functional fiber project in Egypt, aiming to enhance local textile industry capabilities [10]. - "Airwallex" completed a $330 million Series G financing round, raising its valuation to $8 billion, which will support its expansion in the U.S. and other key markets [10]. - "快造科技" achieved a record-breaking crowdfunding amount for its 3D printer, indicating strong market interest and potential for significant revenue growth [10].

Core Viewpoint - The article discusses how India is rapidly adjusting its foreign policy in response to the U.S. imposing a 50% tariff on Indian goods, particularly in the context of India's strategic partnerships with China and Europe, while rejecting the role of a pawn in great power games [1][3]. Group 1: U.S. Tariff Impact - The U.S. announced a 50% tariff on Indian goods, citing India's continued energy purchases from Russia as the reason, which disrupted India's diplomatic rhythm [1][8]. - The tariff specifically targeted key sectors such as textiles, pharmaceuticals, and electronic components, leading to a stalemate in ongoing trade negotiations [8]. - The U.S. also strengthened ties with Pakistan, signing multiple security and economic agreements, which further aggravated India's concerns about its influence in South Asia [8][10]. Group 2: India's Diplomatic Strategy - In response to U.S. pressure, India accelerated its engagement with China and Russia, while also deepening ties with Europe, indicating a multi-directional alliance strategy [3][10]. - India's diplomatic approach is characterized by a desire for strategic autonomy, avoiding becoming a pawn in the geopolitical rivalry between major powers [27]. - Despite the challenges, India remains committed to maintaining cooperation with the U.S. in high-tech investments and AI development, recognizing the importance of the U.S. market [19][21]. Group 3: Engagement with Russia and China - India has invited Russian President Putin for a visit, marking a significant moment since the Ukraine conflict began, and signed agreements on energy supply and military technology [12]. - Modi's attendance at the Shanghai Cooperation Organization summit and meetings with Chinese and Russian leaders were pre-planned, reflecting a cautious approach to repairing relations with China [13]. - India's military procurement strategy is diversifying, with a notable decrease in reliance on Russian arms, dropping from nearly 70% to below 40% over the past 15 years [15][17]. Group 4: Strengthening Ties with Europe - The EU has initiated a new strategic agenda with India, focusing on technology, investment, and security cooperation, marking a shift in the historically slow development of India-EU relations [23][25]. - The EU's advantages in renewable energy and technology sectors align with India's interests, fostering a collaborative environment [25]. - Upcoming agreements, including a new free trade deal, are expected to be finalized by early 2026, emphasizing energy cooperation to reduce India's dependence on Russian fossil fuels [25][27].

【经济日报：#日本多行业陷入稀土焦虑#】#日本担忧中国稀土出口管制#近日，有日本经济学界人士指 出，日本政府和产业界十分关注中国稀土相关物项出口管制的工作情况。日本近年来加快实施供应来源 多元化、替代材料研发、国家储备强化，以及回收利用等措施，以摆脱对中国稀土依赖。相关统计显 示，日本进口稀土对中国的依赖度从约90%降至目前的约60%。但与此同时，日本在关键品类上的依赖 仍然高度集中。用于电动汽车驱动电机钕磁体的镝（Dy）、铽（Tb）等重稀土几乎100%依赖中国供 应，一旦受限，日本经济仍将面临较大冲击。分析认为，一旦中国实施出口管制，日本汽车、电子零部 件、风力发电、医疗设备及航空航天五大领域将首当其冲。汽车产业方面，电动汽车和混合动力汽车的 驱动电机依赖钕磁体，日本车企过去曾因稀土短缺暂停部分车型生产，而替代技术尚未商业化；电子领 域中，智能手机、半导体制造设备和硬盘驱动器普遍使用稀土，尤其是荧光材料和磁性材料难以替代， 而中国在精炼环节占据压倒性优势；风力发电设备使用的高性能磁体依赖度也较高，替代技术存在效率 降低和成本上升的问题；医疗设备领域，核磁共振成像（MRI）等装置使用的强磁体对稀土具有不可替 ...

Core Viewpoint - The USD/JPY exchange rate remains near a ten-month high, driven by policy divergence and economic fundamentals, with the US maintaining high interest rates while Japan continues its ultra-loose monetary policy [1][2] Group 1: Policy Divergence - The Federal Reserve is keeping interest rates between 5.25% and 5.5%, with a 32.8% probability of a rate cut in December due to persistent inflation concerns [1] - The Bank of Japan maintains a near-zero interest rate of 0.5%, despite core CPI falling to 1.8%, indicating a commitment to continued monetary easing to support economic recovery [1] - The interest rate differential between US and Japanese 10-year government bonds is 3.2 percentage points, attracting significant arbitrage funds into USD assets [1] Group 2: Economic Fundamentals - The US economy shows resilience with an unemployment rate stable at 3.6%, supporting the USD index above 100 [1] - Japan's GDP contracted by 0.3% in Q3, marking two consecutive quarters of negative growth, contributing to a technical recession [1] - Japan's exports fell by 2.1% year-on-year in October, with weak performance in automotive and electronic components, putting further pressure on the JPY [1] - Global risk aversion has decreased, weakening the traditional safe-haven appeal of the JPY, as indicated by the VIX index dropping to a yearly low [1] Group 3: Technical Analysis - The USD/JPY has been in an upward channel since April, with a recent peak of 157.42, currently fluctuating between 156 and 158 [2] - Technical indicators show a bullish pattern, with moving averages aligned positively and MACD indicators expanding, although RSI is nearing overbought territory [2] - Key resistance is at the 2025 high of 158.87, while short-term support is between 155.00 and 156.80, with market attention on potential intervention by the Bank of Japan near 158.50 [2] Group 4: Trade Impact - The depreciation of the JPY increases procurement costs for Chinese exporters to Japan, leading to a 5.1% year-on-year decline in exports from January to October 2025 [2] - Labor-intensive sectors like textiles and home appliances are particularly affected, with significant revenue losses when converting JPY-denominated export income [2] - Conversely, the lower JPY benefits Chinese importers, with a 6.8% year-on-year increase in imports from Japan in October 2025, aiding in technology upgrades and cost control [2]

Core Viewpoint - Shenzhen is emerging as an international hub connecting China to the world, showcasing vibrant trade activities and a strong market appeal [1] Group 1: Trade and Economic Data - Shenzhen's import and export scale has maintained the top position among mainland cities in the first ten months, with imports of electromechanical products reaching 1.2 trillion yuan, an increase of 8.5%, and agricultural product imports at 82.26 billion yuan, growing by 10% [7] - China has been the world's second-largest importer for 16 consecutive years, with an annual import volume exceeding 20 trillion yuan, driven by a population of over 1.4 billion and more than 400 million middle-income individuals [9] - The recently concluded 8th China International Import Expo achieved a record intended transaction amount of 83.49 billion USD, with 290 Fortune 500 companies participating [9] Group 2: Port and Logistics Developments - Yantian Port has added 14 international routes since 2025, covering North America, Europe, and Asia, with over 100 weekly routes connecting globally [3] - Digital operations at Yantian Port enhance efficiency, allowing diverse international goods to flow quickly to production lines and consumers, injecting vitality into the domestic market [5] Group 3: Tourism and Visitor Trends - The implementation of a 240-hour visa-free transit policy at five ports, including West Kowloon and Hong Kong-Zhuhai-Macao Bridge, has made the region a significant hub connecting the Guangdong-Hong Kong-Macao Greater Bay Area with the world [12] - Over 1.2 million foreign travelers were inspected at the West Kowloon border checkpoint this year, with more than 260,000 benefiting from the visa-free policy, marking a 100% year-on-year increase [14] - The number of foreign tourists entering China has reached 20.89 million in the first three quarters, a growth of over 50%, with a significant increase in duty-free sales [26]