这是冯忠华就任市委书记半个月后广州召开的首次市委全会，不仅事关全市今年发展思路和方向，也是 外界观察下一步广州怎么干的重要窗口。 从会后的公开通报看，广州当前主要发力的方向如支持南沙发展、制造业立市、"12218"现代产业体系 建设、城市更新等均被继续提及和重点关注，并且要求进一步抓住关键，坚持稳中求进、提质增效。通 报还提出，要全面准确把握国内外形势、城市地位作用，进一步明晰方位、乘势而上，充分发挥国家战 略叠加、科创资源富集、枢纽功能强大、市场活力充沛等优势，巩固拓展经济稳中向好势头。 1月8日，广州召开市委十二届十一次全会暨市委经济工作会议，总结2025年工作，分析当前形势，部署 2026年工作。 在广州扛住了近年来新旧动能转换的压力，展示出经济反弹势头良好的背景下，保持既有的前进方向， 乘势而上巩固拓展经济稳中向好势头无疑是明智之举。 对此本次市委全会也在通报中予以回应，要坚持城市内涵式发展，下足"绣花"功夫加强城市规划建设治 理，高质量推进城市更新和城中村改造，推进"好房子、好小区、好社区、好城区"建设，加快构建房地 产发展新模式。相关表述也基本延续了此前积极的政策基调，为今年广州冲刺城市更新投资2 ...

推进多业态融合发展，加大消费新场景新业态供给。多业态融合可以打破产业边界，构建一站式、复合 型消费场景，实现功能服务与体验价值的系统集成，是数智化趋势下创新消费供给的重要途径。一方面 要大力推进消费供给设施升级，如加快5G网络技术应用场景研发，鼓励定制化服务消费发展；如通过 信息技术渗透推动服务消费场所数字化、智慧化改造，建立虚拟交互、社交融合、情感联结的线上消费 新场景。另一方面要深挖具有地域符号的文化、体育、生态资源，开发具有地方特色文旅产品、体育赛 事和观光线路，营造文旅体融合的消费新空间。如在四川有乡镇以夜色为幕布举办音乐节，通过打造灯 光舞台、音乐派对、互动体验和美食市集活动融于一体的综合业态，给游客留下强烈视听记忆，较好满 足了来自全国各地游客的多样化需求。 丰富县乡市场业态，创造更多消费"新鲜气"。近年来，县乡消费增速已超过城镇，成为消费市场的"蓝 海"。在网络信息技术加载下，城乡之间信息时滞逐渐消弭，城乡居民消费理念加速趋同。但从现状 看，县乡消费基础设施供给密度、供给结构和现代化水平相较于城市仍有较大距离，尤其一些乡村多以 夫妻店、小卖部为主，在商品质量把控、品类选择及内容供给方面远远满足不 ...

近日在我们具身社区分享了一篇研报，摩根斯丹利 预计具身智能板块全球市场规模在2050年能够达到25万 亿美元。 对比来看，2025年这个市场的大小大概是在1000亿美元，包括无人驾驶汽车、各种形态的机器人以及无人 机等。这意味着在未来25年内，具身智能市场空间的增长将达到250倍。 在这25万亿美元的市场中： 人形机器人的市场规模在2050年预计为7.5万亿美元； 无人驾驶汽车为5.6万亿美元； 服务机器人为5万亿美元； 飞行器无人机为4.7万亿美元； 其他场景的非人形机器人约为2.2万亿美元。 最近几个月，我们收到了很多投资人分享的信息。就目前来看， 26年具身智能板块全球市场规模将持续扩 大，投资前景非常可观。 这里也希望大家可以多多关注我们的具身社区，精彩内容持续更新中~ 现在社区内也在积极筹划研报，非常很欢迎需要入门/进阶具身领域的同学加入我们的社区。近一年的搭 建，社区内已经完成了技术路线分享、直播、问答、求职、赛事等多个版块的分享。这里实现了产业、学 术、求职、问答交流等多个领域的闭环。我们致力于为行业培养更多优秀的人才，提供更多机会。 元旦新 人加入优惠已经开启，今年最大力度，收官，欢迎新同学扫 ...

凤凰网科技讯 北京时间12月15日，据《商业内幕》报道，特斯拉早期投资者、格伯川崎财富与投资管理公司CEO罗斯·格伯 (Ross Gerber)对特斯拉的未来感到担忧。格伯曾预言，特斯拉的2025年会充满挑战。现在，他认为2026年对特斯拉来说将是 决定成败的关键之年。 格伯直言不讳地指出，他认为特斯拉最大问题在于其自动驾驶技术。如果自动驾驶无法达到市场预期，这将对特斯拉投资 者的看涨逻辑造成打击，因为这一逻辑很大程度上建立在自动驾驶汽车的成功之上。 格伯今年以来一直是特斯拉的坚定看空者。即便埃隆·马斯克(Elon Musk)的这家公司已在美国多座城市推出无人驾驶汽车， 他的看法依然没有改变。他所看到的实际表现反而让他更加担忧。 功败垂成的一年 他向《商业内幕》解释了，为何他认为2026年将成为特斯拉的关键一年。届时，马斯克将被迫为特斯拉设定的宏伟目标展 示实质性进展。 特斯拉2025年股价表现不稳 尽管马斯克已于数月前退出政府事务，但格伯坚持认为，马斯克离开公司管理层的那段时间在持续损害特斯拉股价，尤其 是在特斯拉与竞争对手在自动驾驶汽车市场展开激烈角逐之际。 "埃隆离开特斯拉的那一年，确实让特斯拉付出了整 ...

Summary of Key Points from Conference Call Records Industry Overview Embodied Intelligence Market - The global embodied intelligence market is projected to reach $25 trillion by 2050, growing from approximately $100 billion in 2025, indicating a 250-fold increase over 25 years [3][1] - Key segments include humanoid robots ($7.5 trillion), autonomous vehicles ($5.6 trillion), service robots ($5 trillion), aircraft and drones ($4.7 trillion), and non-humanoid robots ($2.2 trillion) [3][1] Humanoid Robots in China - The humanoid robot market in China is expected to double by 2026, with potential sales reaching 50 million units by 2050, accounting for 30%-40% of global demand [1][7] - Current testing willingness among enterprises is high, with 62% expected to test humanoid robots by 2027 [1][8] - Price sensitivity is significant, with most enterprises preferring prices below 200,000 RMB, and 50% wanting prices under 100,000 RMB [1][9] Autonomous Driving - China is leading in the autonomous driving sector, with L4/L5 vehicles expected to exceed 165 million units by 2050, representing about 25% of the global market [1][10] - The focus in 2026 will shift to the profitability of autonomous ride-hailing services [1][11] Low-altitude Economy - China is making strides in the eVTOL (electric Vertical Take-Off and Landing) sector, expected to be the first country to achieve large-scale commercial operations by 2030, supplying over 60% of global demand [1][12] Company Insights Ping An Insurance - Ping An is benefiting from the growth in resident wealth, increasing demand for retirement and healthcare services, with a projected compound annual growth rate (CAGR) of 8% from 2024 to 2030 [4][15] - The asset management sector is gradually recovering from losses, with expectations of profitability by 2027 [4][15] - The company is reducing real estate exposure and optimizing asset structure to mitigate risks associated with declining property prices [4][15] Public Fund Industry - The public fund industry is facing transformation pressures, with expected management scale growth of 10%-11% in the coming years, driven by increasing resident financial assets [4][21] - The industry has seen a decline in income by 28% despite a 28% increase in management scale from 2021 to 2024 [4][19] - The sales channel income is shifting from being heavily reliant on sales volume to being more performance-based [4][20] Key Components and Growth Projections Core Components for Embodied Intelligence - Significant growth is anticipated in key components: visual cameras (95x), radar and lidar (300x), motors (260x), bearings (200x), and batteries (1,400x) [5][1] Market Dynamics - The public fund industry is expected to see a rebound in equity allocation, with a projected recovery in the proportion of actively managed equity products [4][26] - The shift towards mixed products is anticipated, with a focus on fixed income to meet the demand for stable returns among domestic investors [4][28] Conclusion - The embodied intelligence and autonomous driving sectors present substantial growth opportunities, particularly in China, while Ping An Insurance is well-positioned to capitalize on demographic trends and market demands. The public fund industry is undergoing significant changes, with a focus on performance-based income and a shift in investment strategies.

Core Insights - The Chinese government has issued an implementation opinion to accelerate the cultivation and large-scale application of new scenarios, leveraging the country's vast market and rich application scenarios to transform them into "scientific and technological innovation landscapes" [1][2] Group 1: Market and Technological Landscape - China's market, with over 1.4 billion people, and its leading number of R&D personnel are key drivers for innovation, enabling applications like autonomous vehicles, drone deliveries, and medical robots [1] - Despite existing advantages in AI, 5G, and quantum computing, many innovations remain in the "laboratory" stage and need effective market transformation [1][2] Group 2: Innovation and Industry Upgrading - Scenario innovation addresses real challenges in manufacturing costs and logistics efficiency, acting as a lever for industrial upgrades, exemplified by the "smart mine" scenario that can drive innovation across the entire supply chain [1] - Successful scenarios represent a systemic reconstruction of technology, industry, and production factors, creating a bidirectional cycle of demand and supply [2] Group 3: Collaborative Ecosystem - The collaboration between large enterprises and small to medium-sized enterprises fosters a synergistic ecosystem that enhances the coupling of innovation chains, industry chains, capital chains, and talent chains [2] - A smart connected vehicle scenario exemplifies the integration of multiple technologies, promoting cross-fusion and integrated innovation [2] Group 4: Implementation Strategies - Realizing the vision requires coordinated efforts from government, market, and society, including driving independent innovation in critical areas like chips and industrial software through demand [2] - Establishing foundational systems for data rights, circulation, and governance is essential for maximizing the potential of data as a production factor [2] - Promoting inclusive regulatory models like "sandbox regulation" will provide space for new developments and accelerate the establishment of corresponding standards and norms [2][3]

Group 1 - The 15th National Games generated a total market revenue of 1.84 billion yuan from sponsorship, donations, licensing, and ticket sales by November 16 [1] - The event has enhanced cooperation between mainland China and Hong Kong and Macau, promoting the integration of sports, culture, tourism, and business [1] - The closing ceremony showcased advanced technologies such as liquid canvas, naked-eye 3D, smart wearables, 5G cloud control, and autonomous driving [2] Group 2 - The integration of technology and sports is becoming a new engine for regional development, particularly in the Guangdong-Hong Kong-Macao Greater Bay Area [3] - During the event, there was a 26% year-on-year increase in flight bookings to major hosting cities like Guangzhou, Shenzhen, and Zhuhai [3] - Hotel bookings around the Shenzhen Universiade Center were sold out during the event, with significant increases in homestay reservations in cities like Shantou, which saw over 30% growth [4] Group 3 - The Greater Bay Area is actively converting event traffic into long-term tourism benefits, with initiatives like "Follow the 15th National Games to Tour Dongguan" offering free access to local attractions for event attendees [5]

Group 1 - The 15th National Games is showcasing strong growth momentum in the sports industry, driven by technological innovations and a surge in public fitness enthusiasm [1][8] - The introduction of the domestically developed "Super Perspective" live broadcast system enhances the broadcasting of popular sports events like basketball and badminton [3] - Guangzhou has launched multiple autonomous driving bus routes, including 19 self-driving minibuses, to facilitate quick transportation for the event [5] Group 2 - The application of technology in sports extends beyond competitive events to grassroots fitness, with AI-powered equipment becoming popular among the public [6] - The sports industry in China is entering a "golden period" of rapid development, fueled by rising public interest and technological advancements in top-tier events [8] - The sports equipment industry has developed a large-scale and well-structured system, with over 63,000 production enterprises and a market value increase from 1.12 trillion yuan in 2015 to over 1.5 trillion yuan [10]

Core Insights - The 15th National Games showcases the integration of technology in sports, enhancing both competitive and recreational aspects of athletics [1][2] - Technological innovations are driving significant growth in the sports industry, with a focus on smart equipment and enhanced event management systems [4][8] Group 1: Technological Innovations in Competitive Sports - The introduction of the domestically developed "Super Perspective" live broadcast system enhances the viewing experience of popular sports like basketball and badminton [4] - Guangzhou has deployed new intelligent ambulances specifically designed for large events, ensuring rapid response to emergencies through a visualized smart dispatch system [6] - The city has also launched multiple autonomous vehicle routes, including 19 self-driving minibuses, to facilitate quick transportation for attendees [7] Group 2: Growth in Recreational Sports and AI Integration - The popularity of sports among the public is rising, with individuals like office workers increasingly utilizing smart sports facilities for relaxation and fitness [8][9] - AI-driven sports equipment, such as smart tennis ball machines, is becoming prevalent, allowing users to analyze their performance through data collection and backend analysis [13] - In Shenzhen, the procurement of AI smart devices in the fitness industry has reached 35%, with an annual growth rate of 40% [15] Group 3: Opportunities in the Sports Industry - The dual forces of rising public interest in sports and technological advancements in top-tier events are propelling China's sports industry into a "golden period" of rapid development [16] - The sports equipment industry in China has grown significantly, with over 63,000 production enterprises and an industry output value increasing from 1.12 trillion yuan in 2015 to over 1.5 trillion yuan, a 34% growth over ten years [18] - The industry is witnessing the emergence of leading companies, with eight listed manufacturers reporting annual revenues exceeding 10 billion yuan, and a total of 146 "little giant" enterprises recognized for their specialization [18]

Group 1 - The 15th National Games (referred to as "15th Games") focuses on integrating advanced technologies such as artificial intelligence and new-generation information technology to enhance event organization and spectator experience [1][2] - Over 130 high-tech products have been selected to improve event operations, training, and viewing experiences, emphasizing smart management and immersive spectator engagement [1] - The event features a "Smart Operation Management Cloud Platform" utilizing digital twin technology for real-time monitoring and analysis of venue conditions, ensuring efficient crowd management and communication [1] Group 2 - The 15th Games incorporates a "green" initiative, with over 90% of venues being renovated rather than newly constructed, promoting sustainability and low carbon emissions [2] - The carbon emissions from venue renovations are estimated at approximately 132,500 tons, significantly lower than the typical 30% to 50% emissions seen in large-scale sporting events [2] - The event's torch is sourced from combustible ice at a depth of 1,522 meters in the South China Sea, marking a historic first in deep-sea fire collection for sports [2] Group 3 - The opening ceremony of the 15th Games will take place in Guangzhou, featuring a minimalist stage design without mechanical installations, showcasing a blend of traditional culture and modern technology [3] - Highlights of the ceremony include the use of robotics, virtual reality, and augmented reality to present traditional performances in a contemporary manner, enhancing the cultural experience for spectators [3] - The event aims to create a visual and emotional resonance by combining elements of technology, culture, and sports, reflecting the identity of Guangdong as a "Flower City" [3]