2025年12月18日，美国科学界最权威的《科学》杂志不得不低头了。 在年度十大科学突破评选中，它把"全球可再生能源增长"奉为头号突破，而评语里最扎心的一句话是： 这一转型主要由中国引领。 这不仅是学术界的认可，更像是一份迟来的"投降书"。美国人发明了技术，中国却拿走了奖杯。 看看《科学》杂志列出的那组数据，足够让华盛顿的政客们夜不能寐：全球80%的太阳能电池、70%的 风力涡轮机、70%的锂电池，全部贴着"Made in China"的标签。 这意味着什么？意味着在这个地球上，每安装10块太阳能板，就有8块来自中国工厂；每竖起10台大风 车，就有7台是中国制造。美国人还在谈论"供应链安全"时，中国已经把供应链变成了自己的"后花 园"。 一场"令人窒息"的数据碾压 早在2016年，中国就已超过美国成为全球最大的可再生能源生产国。那时候，美国媒体还在嘴硬，说中 国只是靠"堆量"。可到了2025年，当"十四五"规划将可再生能源发电装机占比从40%硬生生拉升到60% 时，西方才惊觉：这不仅是量变，是质变。 风电光伏新增装机容量，一年一个台阶：1亿、2亿、3亿千瓦。这种"暴兵流"的建设速度，让全球能源 转型的节奏完全 ...

中邮证券发布研报称，晶泰科技正处于从"0到1"到"1到N"的关键跃升阶段，商业模式已得到验证，业绩 进入高速增长通道。短期看，大额订单的持续落地和收入确认是股价的核心驱动力；长期看， 其"AI+机器人"平台的技术壁垒和向"AI for Science"全领域拓展的潜力是其价值的核心。 晶泰控股(02228)早盘再涨近7%，截至发稿，涨3.27%，报12.95港元，成交额22.36亿港元。 消息面上，晶泰科技近日宣布，与晶科能源子公司签署人工智能(AI)＋自动化高通量叠层太阳能电池研 发战略合作协议，双方将共同成立合资公司，共建全球首个"AI决策-机器人执行-数据反馈"全闭环叠层 电池智造线，为不同的应用场景开发高效率、高稳定性的太阳能电池产品。 ...

中邮证券发布研报称，晶泰科技正处于从"0到1"到"1到N"的关键跃升阶段，商业模式已得到验证，业绩 进入高速增长通道。短期看，大额订单的持续落地和收入确认是股价的核心驱动力；长期看， 其"AI+机器人"平台的技术壁垒和向"AI for Science"全领域拓展的潜力是其价值的核心。 智通财经APP获悉，晶泰控股(02228)早盘再涨近7%，截至发稿，涨3.27%，报12.95港元，成交额22.36 亿港元。 消息面上，晶泰科技近日宣布，与晶科能源子公司签署人工智能（AI）＋自动化高通量叠层太阳能电 池研发战略合作协议，双方将共同成立合资公司，共建全球首个"AI决策-机器人执行－数据反馈"全闭 环叠层电池智造线，为不同的应用场景开发高效率、高稳定性的太阳能电池产品。 ...

免责声明：本文内容与数据仅供参考，不构成投资建议，使用前请核实。据此操作，风险自担。 每日经济新闻 （记者 曾健辉） 每经AI快讯，中国银河1月11日发布研报称，给予海信视像（600060.SH）"推荐"评级。评级理由主要包 括：1）海信视像是乾照光电第一大股东；2）乾照光电巩固 LED 芯片主业，快速拓展太阳能电池、 VCSEL 业务，切入商业航天、光通信领域；3）商业航天景气度提升，卫星用太阳能电池需求有望爆 发。风险提示：市场需求不足的风险；美国关税的风险；商业航天发展不及预期的风险。 每经头条（nbdtoutiao）——美国强掳马杜罗，觊觎格陵兰，为美元霸权"续命"！全球20%石油结算已弃 用美元，38万亿美债压顶，"石油-美债"体系遭重创； ...

今日周五(1月9日)欧盘时段，白银期货目前交投于18362一线上方，今日开盘于18200元/千克，截至发 稿，白银期货暂报18671元/千克，下跌1.22%，最高触及18850元/千克，最低下探17803元/千克，目前来 看，白银期货盘内短线偏向看涨走势。 【要闻速递】 人工智慧的崛起则进一步放大了需求压力。AI资料中心是高度依赖实体材料的能源与硬体密集型基础 设施。高密度运算对电力传输、散热与可靠度提出极高要求，白银与黄金因此成为高效能伺服器、交换 器与加速器中不可或缺的材料。随着AI训练与推论规模持续扩张，资料中心的电力需求与硬体部署同 步上升，白银与黄金的工业需求不仅稳定存在，且呈现结构性成长趋势。 AI伺服器、电动车、太阳能、电网升级与高阶消费性电子产品，正于同一时间点扩张。这使得白银市 场不再能依赖某一需求放缓来平衡另一需求上升，形成全面性的材料瓶颈。对工业用户而言，白银并非 可有可无的成本项，而是没有就无法生产的关键投入，这赋予白银需求高度的价格不敏感性。 【最新白银期货行情解析】 市场情绪降温，沪银继续回落，沪银溢价收敛至1270元/克，国内情绪降温，银价仍有下行压力，情绪 仍存，依旧偏震荡。长 ...

摩根大通发表报告指，太阳能硅片和电池价格在2025年12月显著上涨，主要原因是关键材料成本上升 (包括多晶硅和银浆)，部分亦受反内卷政策驱动。随着2025年12月初多晶硅行业整合平台的建立，该行 预计政策推动的行业整合将在2026年发生。该行对协鑫科技和大全新能源给予"增持"评级。该行认为， 金风科技股价因蓝箭航天IPO而上涨或反应过度。在上游风电领域，该行建议投资者转向东方电缆。 ...

晶泰控股（"晶泰"，"晶泰科技"，02228.HK）近日宣布，与晶科能源股份有限公司子公司签署人工智能 （AI）+自动化高通量叠层太阳能电池研发战略合作协议，双方将共同成立合资公司，共建全球首 个"AI决策—机器人执行数据反馈"全闭环叠层电池智造线，为不同的应用场景开发高效率、高稳定性的 太阳能电池产品。联合实验室将突破性地通过把材料结构、配方、工艺、表征结果、器件性能等关键参 数进行编码化（tokenize），实现基于大语言模型（LLM）以及多模态AI推理和进化的迭代循环，重塑 光伏研发范式，加速颠覆性技术的产业化进程。 ...

Core Viewpoint - The Guizhou Provincial Economic Work Conference has outlined a strategic deployment for the province's economic work in 2026, emphasizing the implementation of a "Comparative Advantage Strategy" to support high-quality development and align with national development goals [1][2]. Group 1: Strategic Importance - The "Comparative Advantage Strategy" is crucial for Guizhou to find its strategic position in the national development landscape and to pursue a unique path of high-quality development distinct from other provinces [1][2]. - Guizhou's rich mineral resources, including coal, phosphorus, aluminum, and manganese, play a significant role in supporting national strategic security, particularly in terms of industrial and energy supply chains [2][3]. Group 2: Economic Development Goals - Guizhou aims to achieve a regional GDP of over 2.27 trillion yuan by 2024, with industrial contributions to economic growth increasing from 17.1% in 2020 to 36.7% in 2024 [2]. - The province's six major industrial clusters are expected to account for 82.1% of the total industrial output value, indicating a strong focus on industrial transformation and high-quality growth [2]. Group 3: Resource Development Focus - The strategy emphasizes the development of ecological, mineral, cultural tourism, digital intelligence, and human resources to convert resource advantages into industrial and competitive advantages [3][4][5]. - Guizhou's ecological resources are highlighted as foundational for development, with air quality and water quality metrics indicating a strong environmental performance [3]. Group 4: Integration and Innovation - The integration of various comparative advantages is essential, with a focus on collaborative development among ecological, mineral, cultural, digital, and human resources [6]. - The province aims to break through institutional barriers to maximize the potential of its advantages through reforms and innovations in key sectors [6][7]. Group 5: National Strategy Alignment - Guizhou is positioned to integrate into national strategic frameworks, such as the Guangdong-Hong Kong-Macao Greater Bay Area and the Chengdu-Chongqing Economic Circle, enhancing its manufacturing and export capabilities [7][8]. - The province's export of electric vehicles, lithium batteries, and solar cells is projected to grow by 85.8% in 2024, reflecting its strong integration into global supply chains [7]. Group 6: Implementation and Action - The focus is on translating strategic plans into actionable projects that drive industrial growth and enhance competitiveness, with an emphasis on both attracting external investments and supporting local enterprises [8]. - The "14th Five-Year Plan" period is seen as a critical phase for Guizhou to achieve substantial breakthroughs in industrial collaboration, innovation, and open cooperation [8].

去年 12 月 26 日，国际金价曾触及每盎司 4549.92 美元的历史峰值。多家头部投行预测，金价今年有望 延续涨势，尤其是在市场预期美联储将进一步降息、且特朗普正着手改组美联储领导层的背景下。高盛 集团于上月表示，其基准预期为金价将涨至每盎司 4900 美元，同时存在超预期上行的可能性。 交易员将目光越过委内瑞拉局势，聚焦于美国密集发布的经济数据，受此影响，国际金价小幅走高，白 银价格则实现三连涨。 现货黄金价格攀升至每盎司 4450 美元附近。此前一个交易日，随着委内瑞拉领导人尼古拉斯・马杜罗 被捕，金价已上涨 2.7%。美国总统特朗普称美国计划对委内瑞拉实施 "代管"，德尔茜・罗德里格斯宣 誓就任该国代总统，这一拉美国家的治理前景由此蒙上不确定性阴影。 交易员正将注意力转向本周公布的一系列美国经济数据，其中最受关注的是定于周五发布的 12 月非农 就业报告。明尼阿波利斯联邦储备银行行长尼尔・卡什卡里于周一表示，当前利率水平或许已接近美国 经济的中性利率区间，美联储下一步政策行动将取决于即将发布的经济数据。 激石集团策略师吴迪林在一份报告中指出，委内瑞拉局势升级短期内提振了黄金的避险需求，但除非加 勒 ...

Core Insights - David Paul Goldman emphasizes that when China mass-produces a certain product, American companies often struggle to maintain their competitive edge [1][11] - The rise of Chinese industrial capabilities has put pressure on American counterparts, while Southeast Asian countries prioritize practical cooperation [1] Industry Examples - The historical case of satellite navigation systems illustrates the shift in market dominance; the U.S. GPS system, which was dominant in the 1990s, faced price reductions due to China's BeiDou project, which launched its first satellite in 2007 and is expected to surpass GPS in the number of satellites by 2025 [3][5] - In the solar energy sector, China entered the market in the 2000s and by 2010 controlled over 50% of global production, driving prices down from several dollars per watt to below 1 dollar, leading to significant losses and bankruptcies among Western companies [5][9] - The drone industry showcases similar trends, with DJI capturing 70% of the global market since 2012, and despite U.S. bans on its products, the performance of domestic alternatives has been inadequate [5][7] Market Dynamics - The Chinese manufacturing model has evolved from low-cost production to mastering the entire supply chain, as seen in the lithium battery sector where companies like CATL are establishing factories in Europe [9] - The construction equipment market has shifted from reliance on imports to self-sufficiency, with Chinese brands expected to hold two-thirds of the global market share by 2025 [9] - The decline of U.S. manufacturing jobs began in the 1980s, exacerbated by globalization and the rise of China as a manufacturing powerhouse [11] Policy Implications - Goldman suggests that the U.S. should collaborate with Japan and South Korea to compete for resources against China's expanding influence [11] - The U.S. CHIPS Act, which allocates $52.7 billion for semiconductor subsidies, highlights the need for a trillion-dollar investment to achieve self-sufficiency in the industry [11][13]