[Table_Main] 行业研究|可选消费|耐用消费品与服装 证券研究报告 耐用消费品与服装行业周报、月报 2025 年 07 月 13 日 [Table_Title] 北京出台提振消费 24 条，美的重金布 局 AI 及机器人 ——智能家居行业双周报 [Table_Summary] 报告要点： 行情回顾 1）双周行情：近 2 周（2025.06.28-2025.07.11）上证综指上涨 2.51%， 深证成指上涨 3.06%，创业板指上涨 3.90%；智能家居指数 （399996.SZ）上涨 1.25%，跑输上证综指 1.26pct，跑输深证成指 1.81pct，跑输创业板指 2.64pct。 2）细分板块：近 2 周，智能家居指数中，电子元器件及零部件、内容 /网络服务提供商、软件、智能家居产品及解决方案板块涨跌幅分别为 +2.37%、+2.56%、+1.26%、+1.57%；年初至今四个细分板块涨跌幅 分别为+15.37%、-2.08%、-5.95%、+0.83%。 3）个股：近 2 周，智能家居指数中，涨幅前五个股分别为工业富联 （+21.78%）、匠心家居（+18.76%）、东山精密（+18.20 ...

中新网黑龙江新闻7月11日电(吴昌林)今年以来，哈市香坊区消费热潮涌动，政策红利持续释放，多元 业态深度融合，香坊区商务局持续发力，始终以多元消费场景叠加政策红利，为消费者带来实实在在优 惠的同时，有力推动区域经济蓬勃向上、稳健提升。 聚焦重点领域，精准释放政策红利。积极落实家电数码、智能家居、家装建材等领域补贴政策，截至目 前已开展40余家市场主体政策申报工作，同时持续开展"绿色智能焕新生活"汽车、家电进机关、大厂、 社区活动，先后走进区政府、民生大厦、电机厂及哈药集团，合计7家家电企业、7家汽车企业携带30余 种产品、12种车型参与。为机关职工和企业员工提供消费福利的同时提升了企业零售额经济指标，后续 将继续挖掘活动点位，让政策红利覆盖更多群体。 创新"票根经济"，打造多元消费体验。创新实践"票根经济"，开展"'票根+'激发消费新活力——一票在 手畅享观影、旅游、品美食全优惠"活动，组织区内近70家住宿、餐饮、大型综合体、洗浴、4s店参 与，引导企业制定各具特色的票根经济优惠活动，以多元化的消费场景和精准化的营销策略，为消费者 带来更加丰富多彩的生活体验，有效提升区域商业的吸引力与竞争力。 从发放消费券刺 ...

Group 1 - The core viewpoint of the news is that Newland Digital Technology Co., Ltd. has applied for a patent for an AI-based smart home system designed for people with disabilities, indicating the company's focus on innovative technology solutions for accessibility [1] - The patent application, published as CN120295151A, was filed on March 2025 and includes several modules such as voice control, visual assistance, automated task management, health monitoring, and barrier-free navigation [1] - The voice control module utilizes speech recognition and natural language processing to interpret user commands, while the visual assistance module employs cameras and sensors for real-time support for visually impaired individuals [1] Group 2 - Newland Digital Technology Co., Ltd. was established in 1999 and is located in Fuzhou, primarily engaged in software and information technology services [2] - The company has a registered capital of 1,032.06 million RMB and has invested in 32 enterprises, participated in 1,975 bidding projects, and holds 502 patents [2] - Additionally, the company possesses 46 administrative licenses and has three trademark registrations, showcasing its active involvement in various business and legal aspects [2]

苹果公司正计划在2026年上半年推出一系列新产品，包括新款入门级iPhone、多款iPad以及升级版Mac 产品。这一密集的产品发布计划旨在帮助苹果重回更稳定的收入增长轨道。 7月10日据彭博社报道，苹果预计在明年春季前发布产品，包括入门级iPad和iPad Air的更新版本，以及 一款外置Mac显示器。其中，代号为iPhone 17e的智能手机将是今年早些时候发布的599美元机型的后续 产品。苹果还在开发升级版MacBook Pro和MacBook Air。 报道指出，尽管这些电脑产品原计划2025年发布，但苹果正考虑将发布时间推迟至2026年，这些新产品 是苹果在今秋iPhone发布后重振收入增长的重要举措。 苹果在过去两年面临需求疲软的挑战，包括iPad在内的新机型推出节奏放缓加剧了这一困境。而分析认 为受全球贸易环境和苹果AI产品推进缓慢等影响，今年以来，苹果已经累计下跌近13%。 iPhone产品线更新提速，iPad全面升级 苹果正通过加快其入门级iPhone的更新节奏来调整产品策略，对iPad产品线则进行全面更新。 据彭博社报道，新款iPhone 17e将是今年2月推出的16e机型的快速迭代产品。 ...

记者从7月9日举行的"深圳之夏消费季"暑期嘉年华暨龙岗智慧之夏畅享季发布会上获悉，深圳将在7月 至8月期间，开展"智慧消费"为核心的商文旅融合消费活动，掀起暑期消费热潮。 本次活动由深圳市商务局指导，龙岗区商务局主办，深圳市零售商业行业协会承办，龙岗区文化广电旅 游体育局、龙岗区人工智能（机器人）署、龙岗区坂田街道办支持。 暑期嘉年华活动将聚焦"暑期消费、AI消费、亲子消费、商文旅融合消费"等消费热点，组织星河 WORLD·COCO Park、龙岗星河COCO Park、前海壹方城、前海壹方汇、壹海城 ONE MALL、宝安大 仟里、后浪新天地、万丰海岸城、深圳天河城等深圳超40家重点商圈，在暑期开展第九届星盛商业大抢 节、第三届金啤文化节、可口可乐第二届畅爽烧烤节·深圳站、甜甜圈住你-夏日甜品节、暑期玩乐计 划、泡泡造浪派对等70余场特色活动，营造良好商文旅融合消费氛围，点燃消费热情。 发布会上透露，全国首个机器人街区、剧场落地龙岗，开启"人机共生"新时代。其中，机器人街区是龙 岗区依托坂田星河WORLD片区，试点打造的全国首个集机器人剧场、实验场、园区于一体的具身智能 机器人示范街区。 该街区以机器人剧场 ...

文、图 | 记者 王俊 在这场夏日消费狂欢中，龙岗区特别推出"龙岗智慧之夏畅享季"，围绕"YI趣龙岗，共赴精彩"的主题，以"科技+文化 +亲子+夜经济"为引擎，推出一场智慧品牌展，三条超体验消费路线与50余场消费主题活动，打造"看得见、摸得着、 玩得嗨"的智慧消费场景秀。品牌展汇聚华为、荣耀、小米、格物龙品、班度科技（3D立体画）、盛扬柔创、华力创 科学等企业，从超仿真的3D打印机器人到机器手，从超视觉3D立体画到AI智能眼镜，从智能家居到文创产品，让市 民们能够近距离感受智慧之夏的魅力和活力。即日起至8月31日，星河WORLD·COCO Park、龙岗星河COCO Park、 仁恒梦中心、布吉万象汇等商圈还将推出系列促销与主题活动。 发布会现场透露，全国首个机器人示范街区拟落地深圳。依托龙岗区坂田星河WORLD片区，深圳试点打造全国首个 集机器人剧场、实验场、园区于一体的具身智能机器人示范街区。街区将以机器人剧场为核心，集实验场、6S店、零 部件超市于一体，打造"人机共生"的智能机器人应用示范区与产业聚集区，未来，市民可在此体验机器人服务、参与 科学艺术融合的演出，甚至亲手组装机器人，感受科技魅力。 7月9 ...

Group 1 - The real estate market has stabilized due to policy adjustments, leading to increased cross-industry collaboration among home appliance, home furnishing, and real estate companies [1] - The integration of the real estate and home decoration industries, along with consumption upgrades, is driving leading companies to explore new business opportunities [1] - The AI smart home application has emerged as a new consumer hotspot, with brands breaking traditional boundaries to seek integration between home decoration and home appliances [2] Group 2 - A significant challenge in the smart home industry has been the lack of interoperability between devices from different brands, with 37% of users having over five different brands of smart devices [2] - The introduction of a unified AI model by companies like San Yi Niao aims to optimize home environments automatically, allowing users to manage multiple devices through a single app [2][3] - The establishment of alliances among companies, such as Xiangjiang Group's collaboration with major smart home brands, aims to create a comprehensive smart home ecosystem [2][3] Group 3 - The new smart home system developed by Xiangjiang Group integrates various protocols, enabling seamless collaboration between products from different brands [3] - The system utilizes AI to enhance user experience by proactively adjusting settings based on environmental conditions and user behavior [3] - Companies are increasingly diversifying their business models to drive revenue growth, particularly in the context of energy-efficient renovations and the "old-for-new" policy [4] Group 4 - Home furnishing companies like Gujia Home and Shangpin Home have actively expanded into the home appliance sector, establishing subsidiaries to cover appliance sales and services [4][5] - Traditional home appliance companies are also forming strategic partnerships to provide integrated solutions, such as Haier's collaboration with Zhigang Home [5] - The smart building market is seeing significant interest from home appliance companies, with a focus on energy efficiency and system upgrades in existing buildings [5][6] Group 5 - Midea's global innovation park, with an investment of over 7 billion RMB, showcases advanced smart building management systems and aims to become a world-class green technology park [6] - The rapid development of AI technology is transforming the smart building industry, enabling data-driven decision-making and dynamic optimization of building systems [6][7] - Midea Building Technology has become a leading player in the ToB business segment, achieving significant revenue growth and serving numerous large-scale projects globally [7]

Group 1 - The core idea of the articles emphasizes the importance of innovative marketing strategies for "Shenzhen Intelligent Manufacturing" products to reach the right consumer demographics effectively [1][2][3] - "Machine Era" has established an AI experience center at Shenzhen Bao'an International Airport, showcasing thousands of high-tech products, with over 80% sourced from local Shenzhen companies [1] - By July 2025, "Machine Era" plans to operate 44 airport experience centers across 24 cities in China, targeting over 400 million high-end business travelers [1] Group 2 - Traditional sales methods are inadequate for new products, as they require consumers with updated consumption concepts, higher purchasing power, and skills [2] - The global AI terminal exhibition held on May 22, 2023, highlighted the government's commitment to promoting "Shenzhen Intelligent Manufacturing," showcasing various AI terminal products [2] - The Shenzhen intelligent terminal industry cluster is projected to reach an added value of 204.55 billion yuan in 2024, reflecting a year-on-year growth of 9.9% [2] Group 3 - The emerging smart consumer products are on the verge of a market explosion, presenting significant opportunities for early adopters to capitalize on market benefits [3] - The dual drive of innovation and revenue generation is crucial for the sustainable development of "Shenzhen Intelligent Manufacturing" [3]

"十四五"（2021—2025年）规划面临收官，五年来中国经济社会发展的进展为外界所关注。 7月9日，国新办举行"高质量完成'十四五'规划"系列主题新闻发布会的第一场，邀请国家发展 改革委主任郑栅洁，以及国家发展改革委副主任李春临、副主任周海兵、秘书长袁达，介 绍"十四五"时期经济社会发展成就。 郑栅洁表示，"十四五"期间，我国经济总量连续跨越110万亿、120万亿、130万亿，今年预计 可以达到140万亿左右；增量预计超过35万亿，相当于再造一个长三角，相当于我国排名前三 经济大省（广东、江苏、山东）经济总量的总和，也超过了世界排名第三国家的经济总量。在 经受各种风险挑战的冲击下，前4年我国经济增速平均在5.5%，我国这么大经济体量，还能保 持这样的增速，在经济发展史上是前所未有的。 记者丨 周潇枭 编辑丨陈洁 郑栅洁表示，5年前制定的规划纲要各项主要指标中，经济增长、全员劳动生产率、全社会研 发经费投入等指标进展符合预期；常住人口城镇化率，人均预期寿命，粮食、能源综合生产能 力等8项指标进展超过预期；规划确定的战略任务全面落地，部署的102项重大工程顺利推进。 总的来看，这五年取得了新的开创性的进展、突破 ...

还有不到180天，"十四五"将收官。7月9日，国新办"高质量完成'十四五'规划"系列主题首场新闻发布会 举行，国家发改委领导以"一正两副"高规格阵容出席，这场比往常延长近30分钟的发布会，用90分钟浓 缩拆解了发改委如何冲刺"十四五"年度任务。现场官员们抛出硬核数据、讲述鲜活案例，还用接地气的 比喻铺开一张5年"中国超预期成长图"。 在发布会现场，媒体围绕中国GDP五年演变、中国制造、外商投资、民生需求等11个焦点问题接连发 问。国家发改委主任郑栅洁用"困难比预计多，成果比预期好，可谓风雨兼程见彩虹"，概括了这5年历 程。5年来，中国经济总量实现"四连跳"，增量预计超过35万亿元，相当于"再造一个长三角"。 谈GDP增长演变 内需对经济增长平均贡献率超八成，系经济发展主动力 "没有强大的国内市场，就没有稳定向好的中国经济。"谈到如何看待中国GDP潜在增长率和增长拉动力 的演变？国家发改委秘书长袁达答记者问称，中国拥有超大规模且极具增长潜力的国内市场，内需始终 是中国经济发展的主动力和稳定锚。"十四五"期间经济社会发展实践再次充分证明这一点。从内需整体 看，过去4年中国经历了国际环境剧烈变化等多重困难挑战冲击， ...