Q3 Net Loss & 39% Delivery Drop: Li Auto’s BEV Transition in TurmoilChina, Jan. 09, 2026 (GLOBE NEWSWIRE) -- Shenzhen, JAN. 9, 2026 (GLOBE NEWSWIRE) In the third quarter of 2025, Li Auto (NYSE: LI; HKEX: 2015) recorded a net loss attributable to parent company shareholders of RMB 625 million (approximately USD 89.286 million), swinging to a loss on a year-over-year (YoY) basis and ending its streak of 11 consecutive profitable quarters. Li Auto attributed the loss to the recall of 11,400 Li Auto MEGA vehicl ...

截至2025年12月25日0时，贵安新区2025年用电量突破50亿千瓦时大关，达50.16亿千瓦时，再创历史新高。相较2024年37.63亿千瓦时的用电量，一年增长 超10亿千瓦时。 用电量是区域经济社会发展的"晴雨表"，这串跃动的数字，正是贵安新区高质量发展的生动注脚。从产业园区到数据中心，从居民小区到商业场景，电流 的轨迹串联起贵安新区的蓬勃生机，勾勒出高质量发展的精彩画卷。 俯瞰贵安华为云数据中心。石照昌/摄 产业集聚 "电亮"高质量发展多元业态 大数据是贵安新区最鲜明的产业底色，更是驱动其他产业迭代升级的核心底座。 近日，在第二十届中国IDC产业年度大典上，贵安新区全国一体化算力网络国家(贵州)主枢纽中心项目斩获2025年度中国IDC产业高可靠数据中心奖，彰 显其数据中心建设质量与全国行业地位。截至2025年10月底，贵安新区已集聚华为、腾讯、苹果、三大运营商等大型及以上数据(算力)中心26个，算力总 规模突破113EFlops，智算占比超98%，已成为全国国产化智算能力最强的地区之一。 强大算力为数字经济企业注入强劲动能，数据宝、纷享销客等企业在此快速成长。数据显示，2025年前10月，贵安新区数字 ...

千里科技（601777）(601777.SH)发布公告，公司2025年12月新能源汽车产量5384辆，同比增长 154.08%;新能源汽车销量3835辆，同比下降19.23%。 ...

以需求扩大引领新能源汽车供给优化。落实好《提振消费专项行动方案》有关要求，有序减少消费限 制，推动汽车等消费由购买管理向使用管理转变，持续扩大新能源汽车消费。落实好购置税减免和"以 旧换新"政策，制定适合新能源汽车的税收体系，持续完善充电基础设施建设和布局，缓解里程焦虑。 强化物流、金融等对汽车海外生产销售的支持，鼓励新能源汽车企业加强品牌塑造和产品本地开发，稳 步拓展海外市场。鼓励多元化、个性化消费需求，以新需求带动新能源汽车创新发展。 加力促进技术创新。加快固态电池、高效驱动等技术突破，提高新能源汽车安全性能、续航性能，锻造 电动化长板。着眼智能化、网联化，加强汽车芯片、操作系统等自主研发应用，增强智能座舱和智能驾 驶性能，抢占智能网联汽车战略制高点，培育智能化新优势。促进新能源汽车与人工智能、新材料、资 源循环利用等融合发展，提升产业链竞争优势。 我国将发展新能源汽车明确为国家战略。在市场和政策双轮驱动下，新能源汽车产业快速壮大，既巩固 了我国全球汽车产销第一大国地位，更显著增强了我国汽车产业全球竞争力，助力汽车强国建设迈出坚 实步伐。 另一方面，品牌竞争力增强。2025年11月份的国内零售中，自主品牌 ...

As the calendar officially turns to Thursday, January 1st, 2026, the U.S. stock markets, including the New York Stock Exchange (NYSE) and Nasdaq, remain closed in observance of the New Year's Day holiday. This pause in traditional equity trading offers investors a moment for reflection on a robust 2025 and an opportunity to anticipate the key drivers that will shape the markets in the nascent year. Despite the holiday closure for cash equities, activity in global markets and U.S. equity futures provides ear ...

Flash | 30 Dec 2025 08:38:23 ET │ 8 pages China Hardware Implications of Newly Announced 2026 Subsidies CITI'S TAKE NDRC announced details of consumption subsidy today. For digital products, it keeps handset, tablet and smart watch but newly added smart glasses with same caps of selling price at Rmb6,000, maximum subsidy amount at Rmb500 and subsidy at 15% of selling prices. For home appliances, it reduced the number of categories to 6 only (from 12), with maximum subsidy amount at Rmb1,500 (from Rmb2,000) ...

Core Viewpoint - The article highlights the increasing threat of organized online attacks, particularly through "water armies," which have become a significant concern for technology companies and their reputations in a competitive market [5][6][14]. Group 1: Organized Attacks and Their Impact - In 2025, major companies have reached a consensus that "water armies" are the primary adversary, with at least eight tech companies publicly accusing organized attacks this year [5][6]. - The case of the Antigravity A1 drone from Yingshi illustrates the issue, as over 2,500 malicious comments appeared online shortly after its launch, prompting the company to file a police report [5][10]. - The rise of water armies has transformed from a background noise to a strategic tool in business competition, with companies now offering rewards for information on these malicious activities [5][14]. Group 2: Nature and Organization of Water Armies - Water armies are defined as organized groups that manipulate information to damage a company's reputation, often hired to spread negative comments or extort companies [12][24]. - The phenomenon has spread across various industries, including the automotive sector, where companies like Xiaomi and Li Auto have also reported similar attacks [12][13]. - The tactics of water armies have evolved, utilizing advanced technology and AI to create more sophisticated and believable fake comments, making them harder to detect [16][17]. Group 3: Challenges in Combatting Water Armies - Companies face significant challenges in proving the organized nature of water army attacks, as it requires extensive evidence collection and analysis of user behavior [17][19]. - Legal recourse is often limited, as many negative comments do not meet the threshold for defamation, making it difficult for companies to take action against water armies [17][24]. - The response from platforms varies, with some taking a long time to act on complaints, leaving companies vulnerable to ongoing attacks [18][19]. Group 4: The Broader Implications for Innovation - The ongoing battle against water armies diverts resources and attention from innovation, as companies must focus on managing public perception rather than product development [25]. - The article emphasizes the importance of protecting innovators and the detrimental effects of being drawn into a public relations war, which can overshadow genuine technological advancements [25].

Core Insights - China's manufacturing activity has expanded for the first time since March, surpassing expectations according to official data released [1][2] Manufacturing Sector - The official manufacturing purchasing managers index (PMI) registered at 50.1 in December, exceeding the forecast of 49.2 by economists and showing an increase from 49.2 in November, indicating expansion [2] - The composite PMI rose to 50.7 from 49.7 in November, suggesting broader improvement across the economy [2] Non-Manufacturing Sector - China's non-manufacturing PMI, which includes services and construction, increased to 50.2 from 49.5 in November, indicating growth in these sectors [2]

当前，我国正处于产业升级与消费升级的关键交汇期，14亿人口的超大规模市场、4亿中等收入群体的 消费潜力，为产业创新提供了广阔空间。面向"十五五"，我们既要持续优化收入分配结构，更要聚焦人 工智能、高端装备、生物医药等重点领域，通过政策引导、市场驱动培育更多高附加值产业。唯有以产 业创新激活消费潜能，以增量突破带动存量优化，才能让内需真正成为拉动经济增长的主动力和稳定 锚，为中国式现代化建设注入持久动能。 在这个充满机遇与挑战的存量经济时代，产业创新不是选择题，而是必答题。当人工智能遇上超大规模 市场，当产业升级对接消费升级需求，中国经济必将走出一条"创新驱动、消费引领"的高质量发展之 人工智能作为当前确定性最高的科技方向，虽然短期内可能带来局部就业调整，但中长期将成为消费增 长的重要支撑。一方面，人工智能能显著提升生产效率，创造更多高收入岗位。例如，智能制造业的发 展让我国新能源汽车产业实现弯道超车，2024年新能源乘用车零售量达1013万辆，带动上下游产业链新 增数百万个就业岗位，相关从业者平均收入较传统制造业高出30%以上。另一方面，人工智能持续催生 新消费业态，从"虚拟试衣间""AI 试妆"优化线上购物 ...

Core Viewpoint - The Guangdong provincial government has launched a collaborative initiative involving nine departments to promote financial services that support the construction of a technology-driven economy, aiming to establish a modern financial matrix aligned with technological innovation by 2027 [2][3]. Summary by Relevant Sections Overall Goals - By the end of 2027, the goal is to establish a modern financial matrix system that aligns with technological innovation, utilizing various financial instruments to provide comprehensive support across different stages of enterprise development [2][3]. Key Focus Areas - The initiative emphasizes three key areas: 1. **Key Regions**: Focus on major platforms like Hengqin, Qianhai, Nansha, and He Tao to enhance financial services in strategic areas [3]. 2. **Key Industries**: Encourage financial resources to concentrate on emerging industries such as integrated circuits, new energy vehicles, and artificial intelligence [3]. 3. **Key Enterprises**: Support the development of a "ten-hundred-thousand" plan to nurture leading technology enterprises and specialized firms [3][4]. Major Projects - The initiative outlines three major projects: 1. **Technology Financial Foundation Project**: Aims to enhance differentiated credit approval processes and expand the scale of technology loans [5]. 2. **Technology Financial Ecosystem Project**: Focuses on risk-sharing mechanisms and the development of standardized insurance products for technology innovation [7]. 3. **Element Guarantee Project**: Introduces the "Yuejin Changqing" service brand to create a market-oriented identification model for technology enterprises [10]. Financial Support Mechanisms - The plan includes measures such as: - Financial incentives for loans to manufacturing and high-tech enterprises, with a maximum annual subsidy of 20 million yuan per enterprise [6]. - Development of a credit evaluation system based on technology-related metrics like patent ownership and R&D investment [5]. - Encouragement for insurance companies to create products that cover various aspects of technology innovation [7]. Capital Market Development - The initiative supports the establishment of a structured incubation system for technology listings and encourages companies to utilize both domestic and international markets for financing [6]. Innovation and Ecosystem Building - The plan promotes the creation of a supportive ecosystem for technology innovation, including a focus on nurturing a talent pool that integrates technology, industry, and finance [9].