英语新闻丨避险需求推动金价延续历史性涨势

Three Chinese manufacturers ranked among world's top 20 by sales for 1st time三家企业首度跻身全球销售额前二十In a milestone for China's semiconductor industry, three Chinese equipment manufacturers have ranked among the world's top 20 by sales for the first time in 2025, according to data from Japanese research firm Global Net.日本研究机构Global Net最新数据显示，中国半导体产业在2025年迎来里程碑式突破：首次有三家中国设备制造商凭借销售额跻身全球前二十强。This marks an increase from just one company in the pre-stricter United States-government-restriction era of 2022, underscoring China's accelerated progress in bolstering the domestic supply chain.这标志着自2022年美国实施更严格出口管制前仅有一家企业上榜以来，中国在强化本土供应链方面正加速取得进展。The progress is an outcome of Chinese companies' hard work and big investment in beefing up technological prowess, but a gap still exists in core equipment such as lithography machines, and more efforts are needed to achieve breakthroughs, experts said.业内专家指出，这一进步源于中国企业持续投入研发、努力提升技术实力，但在光刻机等核心设备领域仍存在差距，需持续发力以实现关键突破。The sales ranking reveals a climb for Naura Technology Group, which jumped from eighth place in 2022 to fifth in 2025. It now only trails global giants ASML, Applied Materials, Lam Research and Tokyo Electron.排名显示，北方华创科技集团股份有限公司从2022年的第八位跃升至2025年的第五位，目前仅次于全球巨头阿斯麦、应用材料、泛林集团和东京电子。Founded in 2001, Naura has not yet disclosed its annual revenue for 2025, and Global Net based the ranking partially on estimated data. Financial services provider Suntime compiled forecasts from multiple securities companies to estimate Naura's revenue to stand between 46.8 and 52 billion yuan ($6.74 billion-$7.49 billion) in 2025.北方华创成立于2001年，尚未披露2025年全年营收，Global Net的排名部分依据预估数据。金融服务商赛美特综合多家券商预测，估计其2025年营收将在468亿至520亿元人民币（约合67.4亿至74.9亿美元）之间。New to the list at 13th place is Advanced Micro-Fabrication Equipment Inc China, or AMEC, whose etching equipment comes close to the cutting edge.中微半导体设备股份有限公司（简称“中微公司”）首次上榜即位列第十三位，其刻蚀设备已接近行业先进水平。In chipmaking, etching is the key process of selectively removing unwanted material layers from a silicon wafer to engrave precise 3D patterns, circuits and transistor structures.在芯片制造中，刻蚀是通过选择性去除硅晶圆上不需要的材料层，以精确雕刻三维图案、电路和晶体管结构的关键工艺。Shanghai Micro Electronics Equipment, which specializes in lithography machines that "print" circuit patterns onto silicon wafers, secured the 20th position. While acknowledging generational gaps with market leader ASML, the Shanghai-based company's presence highlights China's domestic capability in this most critical and challenging segment.专门从事将电路图案"印制"到硅晶圆上的光刻机业务的上海微电子装备股份有限公司位列第二十位。尽管承认与市场领导者阿斯麦存在代际差距，但这家上海企业的上榜凸显了中国在这一最关键且最具挑战性环节的本土化能力。Expanding the list to the top 30 would include two more Chinese firms — ACM Research and Hwatsing Technology.若将榜单扩大至前三十名，还将包括盛美半导体和华海清科两家中国公司。This collective ascent is widely viewed as a direct response to US-led export controls on advanced semiconductor technologies, which catalyzed China's drive for greater self-sufficiency in chipmaking tools.这一集体跃升被广泛视为对以美国为首的先进半导体技术出口管制的直接回应，这些限制推动了中国在芯片制造工具领域追求更高的自给率。Roger Sheng, vice-president of research at US market research company Gartner, said: "It's fair to say that Chinese companies' technological gap with international industry leaders is continuously narrowing. This progress has provided strong support for domestic chip manufacturers in their technological upgrades and production expansion efforts, even amid restrictions on access to US technology and equipment."美国市场研究公司高德纳副总裁盛陵海表示："可以公平地说，中国企业与国际行业领导者的技术差距正在不断缩小。即使在美国技术和设备获取受限的情况下，这一进展也为国内芯片制造商的技术升级和产能扩张提供了有力支撑。"The manufacturing of advanced chips involves over 1,000 process steps, each requiring specialized equipment. Chinese suppliers can now cover equipment for almost every stage, including deposition, etching and cleaning. This burgeoning ecosystem includes a wave of emerging startups, experts said.先进芯片制造涉及超千道工艺步骤，每一步都需要专用设备。专家称，中国供应商现已能提供包括沉积、刻蚀、清洗等几乎各环节的设备，蓬勃发展的产业生态中还包括一批新兴初创企业。Yin Zhiyao, chairman and general manager of AMEC, said at a meeting in May 2025 that the company's product portfolios include 30 percent of all the integrated circuit equipment categories, and it aims to collaborate with partners to offer 60 percent of all high-end IC equipment categories over the next five to 10 years.中微公司董事长兼总经理尹志尧在2025年5月的一次会议上表示，公司的产品组合已覆盖集成电路设备类别的30%，目标是在未来五到十年内与合作伙伴共同提供60%的高端集成电路设备类别。Yin said that AMEC would soon complete the development of more than 20 types of thin-film equipment that are subject to international export restrictions to China, and the company aims to finish the development of nearly 40 thin film equipment by 2029.他透露，中微即将完成20余种受国际对华出口限制的薄膜设备开发，并计划在2029年前完成近40种薄膜设备开发。Thin film equipment in chipmaking refers to specialized machinery used to deposit atomic-level layers of conductive, insulating or semiconducting materials onto silicon wafers.在芯片制造中，薄膜设备指用于在硅晶圆上沉积原子级导电、绝缘或半导体材料层的专用机械。China's massive domestic market, now the world's largest for chipmaking equipment, also provides a powerful launchpad. The global semiconductor industry association SEMI, which has more than 3,000 member companies, estimated that worldwide sales of semiconductor manufacturing equipment would reach $133 billion in 2025, surpassing the previous record of $104.3 billion in 2024 and setting an all-time high.中国庞大的本土市场——现已成为全球最大的芯片制造设备市场——也为产业发展提供了强劲动力。拥有超过3000家会员企业的全球半导体行业协会SEMI估计，2025年全球半导体制造设备销售额将达到1330亿美元，超越2024年创下的1043亿美元纪录，再创历史新高。lithography machines /lɪˈθɒɡrəfi məˈʃiːnz/光刻机etching equipment /ˈetʃɪŋ ɪˈkwɪpmənt/刻蚀设备cutting edge /ˈkʌtɪŋ edʒ/尖端/前沿silicon wafer /ˈsɪlɪkən ˈweɪfə/硅晶圆integrated circuit /ˈɪntɪɡreɪtɪd ˈsɜːkɪt/集成电路thin-film equipment /θɪn fɪlm ɪˈkwɪpmənt/薄膜设备conductive /kənˈdʌktɪv/导电的insulating /ˈɪnsəleɪtɪŋ/绝缘的

Xi Jinping, general secretary of the Communist Party of China Central Committee, has called for efforts to leverage the country's comparative advantages, pursue progress while maintaining stability, and promote continuous breakthroughs in the development of industries of the future.中共中央总书记习近平强调，要充分发挥我国比较优势，在保持稳定中谋求发展，推动未来产业持续突破。Xi made the remarks on Friday while presiding over a group study session of the Political Bureau of the CPC Central Committee.习近平在周五主持中共中央政治局集体学习时作出上述讲话。He noted that cultivating and developing industries of the future is of great significance to gaining a competitive edge in science, technology and industry, as well as to seizing initiative in development. It is also crucial to the development of new quality productive forces, the construction of a modern industrial system, the improvement of the people's quality of life, and the promotion of well-rounded human development and overall social progress, he said.习近平指出，培育和发展未来产业，对于在科技产业领域赢得竞争优势、掌握发展主动权具有重大意义。这对培育高质量生产力、构建现代产业体系、提升人民生活质量、促进全面发展和全面进步也具有重要意义。Industries of the future are characterized by foresight, strategic importance and disruptive potential, requiring scientific planning and holistic coordination, Xi emphasized, calling for efforts to strengthen industrial synergy to ensure that future, emerging and traditional industries complement and reinforce one another.习近平强调，未来产业具有前瞻性、战略性和颠覆性特征，需要科学规划和统筹协调。他呼吁加强产业协同，确保未来产业、新兴产业和传统产业相互补充、相互强化。He noted that the extent of scientific and technological breakthroughs largely determines the speed, breadth and depth of the development of future industries.习近平指出，科技突破的程度在很大程度上决定了未来产业发展的速度、广度和深度。The advantages of the new system for nationwide mobilization of resources should be fully leveraged, efforts to achieve breakthroughs in core technologies in key fields should be intensified, and the strategic, forward-looking and systematic layout of basic research should be strengthened, he said, adding that the application and commercialization of sci-tech achievements should be accelerated.习近平指出，要充分发挥全国动员资源的新机制优势，加大关键领域核心技术突破力度，加强基础研究的战略性、前瞻性和系统性布局，加快科技成果应用转化和产业化进程。"We should give full play to the role of enterprises, promote the concentration of various innovation resources in enterprises, and vigorously cultivate leading technology enterprises and high-tech companies with strong core technologies and robust innovation capabilities," Xi said.习近平指出，要充分发挥企业作用，推动各类创新资源向企业集中，着力培育具有核心技术和强大创新能力的技术领军企业和高新技术企业。He emphasized the need to improve fiscal and tax policies, vigorously develop sci-tech finance, comprehensively foster, attract and utilize talent, and promote a vibrant environment that encourages innovation across society.习近平强调要完善财税政策，大力发展科技金融，全面培育、吸引和利用人才，营造全社会创新的活力环境。It is necessary to ensure development and security as well as explore scientific and effective regulatory approaches to prevent related risks, he said, calling for deepened international cooperation and the active promotion of joint development of standards, collaborative rule-making and coordinated industrial advancement.习近平表示，必须确保发展与安全并重，探索科学有效的监管方式以防范相关风险，呼吁深化国际合作，积极推动标准联合制定、规则协同制定和产业协同发展。holistic/hoʊlˈɪs.tɪk/adj.整体的，全面的synergy/ˈsɪn.ɚ.dʒi/n.协同作用，增效作用

For Huang Xiaozhen, the future of artificial intelligence isn't about computing power or algorithmic scale, but about something far more ordinary: the quiet click of a light switch.在黄晓真看来，人工智能的未来并不取决于算力规模或算法复杂度，而在于更为日常、甚至平凡的场景——比如轻轻按下电灯开关的那一刻。As head of business-to-business operations at MiniMax Group Inc, a rising Chinese AI unicorn, Huang sees the current wave of innovation less as a technological leap than as a transition toward being ubiquitous.作为中国新晋人工智能独角兽企业MiniMax集团的B端业务负责人，黄晓真认为，当下这股创新浪潮与其说是一场技术飞跃，不如说是一次走向“无处不在”的转变。"As the technology iterates, AI will become like water, electricity or coal — the fundamental infrastructure of our existence," Huang said. "It will be everywhere in our lives and work."黄晓真表示：“随着技术不断迭代，人工智能将像水、电、煤一样，成为支撑我们生存与发展的基础性基础设施，它将无处不在，融入我们的生活与工作之中。”The vision widely shared by AI optimists has increasingly aligned with the nation's official policy.这一在人工智能乐观主义者中广泛流行的愿景，正日益与国家层面的官方政策形成高度契合。In its recommendations for formulating the 15th Five-Year Plan (2026-30) for national economic and social development, the Communist Party of China Central Committee called for "forward-looking plans" for future industries, urging exploration of diverse technology road maps, application scenarios, business models and regulatory frameworks.在关于制定国民经济和社会发展第十五个五年规划（2026—2030年）的建议中，中共中央提出要对未来产业进行“前瞻性布局”，并鼓励探索多样化的技术路线、应用场景、商业模式和监管框架。The document explicitly listed quantum technology, biomanufacturing, hydrogen and nuclear fusion energy, brain-computer interfaces, embodied artificial intelligence and 6G mobile communications as new drivers of growth.该文件明确将量子技术、生物制造、氢能与核聚变能源、脑机接口、具身人工智能以及6G移动通信等列为新的增长动能。The confidence of China's AI practitioners received a major boost in April 2025, when President Xi Jinping visited the Shanghai Foundation Model Innovation Center, one of the country's most active AI hubs.2025年4月，习近平主席考察上海大模型创新中心——这一全国最为活跃的人工智能集聚区之一，中国人工智能从业者的信心由此大幅提振。Standing among developers and entrepreneurs, Xi, who is also general secretary of the CPC Central Committee, described artificial intelligence as "a young cause, and a cause for young people", encouraging them to align personal ambition with China's modernization drive.在开发者和创业者中间，习近平总书记将人工智能形容为“一项年轻的事业，也是一项属于年轻人的事业”，并鼓励大家将个人理想追求融入中国式现代化进程之中。According to the Ministry of Industry and Information Technology, China had more than 6,000 AI enterprises last year, while the scale of the country's core AI industry was expected to have exceeded 1.2 trillion yuan ($172.6 billion) in 2025.工业和信息化部数据显示，去年我国人工智能企业数量已超过6000家，2025年核心人工智能产业规模预计突破1.2万亿元人民币（约合1726亿美元）。The president's visit, combined with subsequent policy measures, has strengthened confidence among startups facing intense competition, according to executives working inside the ecosystem.多位业内高管表示，总书记的考察以及随后出台的一系列政策举措，显著增强了在激烈竞争环境中奋战的初创企业信心。Zhang Yun, a deputy general manager at the center, said the visit validated the pace and direction of the hub's development.该中心副总经理张云表示，此次考察充分肯定了创新中心的发展节奏和方向。"Nearly 75 percent of our workforce is under the age of 35," Zhang said. "We're seeing founders who are barely 30. As AI tools become more powerful, teams are getting smaller, younger and faster."张云说：“我们团队中近75%的员工年龄在35岁以下，一些创始人甚至刚满30岁。随着人工智能工具能力不断增强，团队正呈现出规模更小、成员更年轻、反应更迅速的趋势。”The center operates on what participants describe as a philosophy of proximity. "Upstairs and downstairs are upstream and downstream," Zhang said, referring to the close physical clustering of foundational model developers and application companies, which allows for rapid iteration and feedback.该中心运行秉持着参与者所称的“近距离协同”理念。张云解释说：“楼上楼下就是上下游”，基础模型研发团队与应用企业在物理空间上的高度集聚，使快速迭代和反馈成为可能。Yao Zhendi, CEO of Cyber Partner AI Co, said the youthfulness of the sector reflects the nature of the technological challenge itself."We're no longer doing 'one to 10' innovation, where you just improve something that already exists," Yao said.上海魂伴科技有限责任公司首席执行官姚振迪表示，该行业的年轻化正是技术挑战本身特性的体现。“我们不再是做‘一到十’的创新，只是在原有基础上改进。”他说。"We're doing 'zero to one'. There's no formula and no homework to copy. We're defining what this technology becomes."“我们做的是‘从零到一’。既没有公式可循，也没有作业可抄，而是在定义这项技术最终会成为什么。”He added that national planning documents emphasize not only AI, but the integration of embodied intelligence across industries, with a forward-looking approach to development.他补充指出，国家规划文件强调的不只是人工智能本身，还包括具身智能在各行业中的融合应用，并以前瞻性视角推动相关发展。Over the next five years, he said, AI is expected to penetrate daily life and a wide range of sectors in line with the 15th Five-Year Plan.他表示，未来五年，在“十五五”规划指引下，人工智能有望深入渗透日常生活和多个产业领域。His company is working on the convergence of the "brain", meaning large-scale models, and the "body", referring to embodied intelligence — a frontier where software meets robotics.其公司正致力于推动“脑”（即大模型）与“身体”（即具身智能）的融合，这一前沿领域正是软件与机器人技术的交汇点。Paradigm shift范式转变The national strategy outlined in the 15th Five-Year Plan proposals calls for a paradigm shift in scientific research and a focus on self-reliance in breakthroughs in chips, algorithms and data.“十五五”规划建议所勾勒的国家战略，呼吁科研范式发生转变，并将重点放在芯片、算法和数据等关键领域的自主突破上。For Wang Le, CEO of Shanghai SiliconPear Technology Co, the transformation is already playing out on factory floors and toy shelves.对上海喜梨信息科技有限公司首席执行官王乐而言，这一转型已在工厂车间和玩具货架上悄然展开。Wang's company exports to more than 30 countries and uses AI to upgrade traditional manufacturing.王乐的公司产品出口至30多个国家，并通过人工智能技术推动传统制造业升级。"We're turning toys from simple manufactured goods into high-tech consumer products," Wang said."It's no longer just about branding. It's about embedding technology to upgrade the entire supply chain, which gives Chinese products a distinct global competitive edge."王乐表示：“我们正在把玩具从简单的制造品转变为高科技消费品。这已经不只是品牌问题，而是通过技术嵌入实现整个供应链的升级，从而赋予中国产品独特的全球竞争优势。”Xi's visit to the Shanghai Foundation Model Innovation Center came after he presided over a group study session of the Political Bureau of the CPC Central Committee, highlighting the need to promote the healthy and orderly development of AI in a beneficial, safe and fair direction.习近平考察上海大模型创新中心之前，曾主持中共中央政治局集体学习，强调要推动人工智能朝着有益、安全、公平方向健康有序发展。Huang, from MiniMax, said that companies across the AI value chain are directly feeling the impact of State support. From his perspective, policies aimed at supporting models and application scenarios are accelerating innovation and technical iteration across the industry.MiniMax的黄晓真表示，人工智能产业链各环节企业正切身感受到国家支持带来的影响。在他看来，围绕模型和应用场景的政策扶持，正在加速全行业的创新和技术迭代。"It's clear that more and more enterprises, scenarios and applications are moving toward AI," Huang said. "Many new startups are designing products and use cases based entirely on current AI capabilities. This looks more like a society-wide embrace of AI, and the growth of the entire industry chain is extremely fast."他说：“可以清楚地看到，越来越多的企业、场景和应用正在向人工智能靠拢。许多新创公司完全基于现有AI能力来设计产品和应用场景，这更像是一场全社会层面的AI拥抱，整个产业链的增长速度极其迅猛。”Zhou Chen, CEO of Zhejiang Dex-Robot Intelligent Technology, said Xi has explicitly called for accelerating the application of AI in technological innovation and industrial development, a signal that Zhou sees as materially beneficial for enterprises.浙江灵巧智能科技有限公司首席执行官周晨表示，习近平明确提出要加快人工智能在科技创新和产业发展中的应用，这一信号对企业而言具有实实在在的利好意义。He pointed to concrete policy measures such as subsidized computing power and pilot programs for new models. China launched a 60 billion yuan AI industry investment fund to support the development of the whole AI industrial chain.他指出，诸如算力补贴、新模型试点项目等具体政策措施正在落地实施。同时，中国还设立了规模达600亿元人民币的人工智能产业投资基金，用于支持整个AI产业链发展。"They allow companies to be bold and try things first," Zhou said."Ultimately, it helps improve human efficiency and reduce defect rates in manufacturing."周晨表示：“这些政策让企业可以大胆探索、先行先试，最终有助于提升人效、降低制造业缺陷率。”Zhou cited incentives including free or subsidized computing resources, early access to models, and funding for major research projects as mechanisms that encourage companies to experiment.周晨列举了多项激励机制，包括免费或补贴算力资源、提前接入模型以及重大科研项目资金支持，这些都有效鼓励企业开展探索性实践。He argued that China has structural advantages in pursuing such technologies: a complete industrial supply chain, a wide range of real-world application scenarios that generate data, and growing domestic computing capacity.他认为，中国在发展相关技术方面具备结构性优势，包括完备的产业链体系、能够持续产生数据的丰富现实应用场景，以及不断提升的本土算力能力。While much of the focus remains on domestic self-reliance, officials and researchers say China's AI ambitions also have an outward-facing dimension.尽管当前重点仍放在国内自主可控上，但多位官员和研究人员指出，中国的人工智能发展目标同样具有面向国际的外向维度。International public good国际公共产品Yan Weixin, chief scientist at the Shanghai Artificial Intelligence Research Institute, said Xi has called for AI to be developed as an international public good that benefits humanity.上海人工智能研究院首席科学家闫维新表示，习近平提出要将人工智能打造为造福全人类的国际公共产品。Yan said China has launched initiatives related to AI reinforcement learning and sustainable development, and has begun sharing algorithms and models with partner countries, including those participating in the Belt and Road Initiative.闫维新介绍称，中国已启动多项与人工智能强化学习和可持续发展相关的倡议，并开始与包括共建“一带一路”国家在内的合作伙伴共享算法和模型。These technologies are being applied to areas such as disaster warning systems and low-carbon industrial facilities overseas, he said.他说，这些技术已在海外被应用于灾害预警系统和低碳工业设施等领域。Highlighting the link between energy and computation, he said: "AI consumes energy, and energy defines computing power. In the future, there will be deep integration between new energy and dynamic computing."他强调能源与计算之间的关联指出：“人工智能消耗能源，而能源决定算力。未来，新能源与动态计算之间将实现深度融合。”Otto Heinrich Herzog, an academician of the German National Academy of Science and Engineering and a professor at Tongji University in Shanghai, said he has been struck by the speed with which policies translate into implementation in China.德国国家科学与工程院院士、同济大学教授奥托·海因里希·赫尔佐格表示，中国政策从制定到落地实施的速度给他留下了深刻印象。"When something aligns with strategy in China, it really gets implemented," Herzog said. "That's something you don't experience in the same way in Europe."赫尔佐格说：“在中国，只要一项举措符合国家战略，就会真正被执行落实。这是在欧洲难以同样体会到的。”forward-looking /ˌfɔːwəd ˈlʊkɪŋ/前瞻性的embodied artificial intelligence /ɪmˈbɒdid ˌɑːtɪˈfɪʃəl ɪnˈtɛlɪdʒəns/具身人工智能value chain /ˈvæljuː tʃeɪn/价值链pilot program /ˈpaɪlət ˈprəʊɡræm/试点项目dynamic computing /daɪˈnæmɪk kəmˈpjuːtɪŋ/动态计算

China's annual Spring Festival travel rush will begin on Monday, with inter-regional trips expected to hit a record 9.5 billion.中国年度春节出行高峰将于周一开启，跨省出行量预计将达到创纪录的95亿人次。The surge is driven by overlapping demand for family reunions and tourism during a longer holiday, analysts said.分析师指出，此次需求激增源于长假期间家庭团聚与旅游需求的叠加效应。Road travel by private cars is expected to remain dominant, accounting for roughly 80 percent of inter-regional trips, according to authorities.据官方数据显示，私家车公路出行预计仍将占据主导地位，约占跨区域出行总量的80%。Passenger volumes on railways and civil aviation are forecast at 540 million and 95 million, respectively, with both total traffic and daily peak flows expected to surpass previous records.铁路和民航旅客运输量预计分别为5.4亿人次和9500万人次，总客流量和日客流高峰均有望突破历史纪录。The Spring Festival, or the Chinese New Year, falls on Feb 17 this year. The official holiday lasts nine days, with the travel rush running through March 13.春节（即中国新年）今年定于2月17日。官方假期为期九天，出游高峰将持续至3月13日。As the festival is one of the country's most important occasions for family reunions, authorities are boosting capacity, particularly at major transport hubs, to ensure safe and smooth travel for all passengers.作为全国最重要的家庭团聚节日之一，相关部门正全力提升运力，尤其在主要交通枢纽加强保障，确保所有旅客出行安全顺畅。

On Wednesday, spot gold surged past $5,280 per ounce, continuing to break historical records, with year-to-date rises exceeding 20 percent.上周三，现货黄金价格飙升至每盎司5,280美元以上，继续刷新历史纪录，年初至今涨幅已超过20%。Spot silver also reached a peak of $116 per ounce before settling to trade around $115.3.现货白银价格一度升至每盎司116美元的高位，随后回落并稳定在约115.3美元附近交易。Goldman Sachs, in its latest report, raised its year-end gold price forecast from $4,900 to $5,400 per ounce, driven by strengthening demand from both private investors and central banks.高盛在其最新报告中将年底金价预期从每盎司4,900美元上调至5,400美元，理由是来自私人投资者和各国央行的需求持续增强。This rally has swiftly translated into higher retail costs for gold jewelry across China. Major domestic jewelry brands, including Chow Tai Fook, Lao Feng Xiang, Chow Sang Sang, and Laomiao Gold, adjusted their prices upward on Wednesday, with pure gold jewelry now quoted between 1,612 yuan ($232.03) and 1,620 yuan per gram.此轮涨势迅速传导至中国国内黄金首饰零售端。周三，包括周大福、老凤祥、周生生和老庙黄金在内的多家国内主要珠宝品牌上调售价，足金饰品报价已升至每克1,612元（约合232.03美元）至1,620元之间。Wang Xiaoli, a salesperson at a Lukfook Jewellery store in Beijing, said that she frequently receives inquiries from customers about the store's gold offerings. "The price of gold has risen by almost 200 yuan per gram in just a week," she said." Many customers are buying pure gold jewelry and bullion bars, seeing them as investment opportunities."北京六福珠宝门店销售人员王晓丽表示，她经常接到顾客关于店内黄金产品的咨询。她说：“金价在短短一周内每克上涨了近200元。许多顾客正在购买足金饰品和金条，将其视为投资机会。”Amid this gold price surge, a new wave of retail investors is also entering the market, seeking to capitalize on the precious metal's rising value and as a safe haven amid mounting global uncertainties. The escalating geopolitical risks — from US-European tensions over Greenland to ongoing instability in Ukraine, Venezuela, and the Middle East — are prompting investors to seek shelter in the precious metal.在金价大幅上涨的背景下，新一轮散户投资者正加速入场，试图把握贵金属升值机会，并在全球不确定性加剧之际将其作为避险资产。不断上升的地缘政治风险——从美欧围绕格陵兰问题的紧张关系，到乌克兰、委内瑞拉及中东地区的持续动荡——正促使投资者转向黄金寻求避风港。Beijing-based resident Wang Lin is among those who have recently discovered the investment potential of gold.居住在北京的王琳便是近期发现黄金投资潜力的投资者之一。"I started buying gold in April 2025, after seeing bloggers on Red-Note discussing the investment opportunities," Wang said, reflecting on what she called her "gold awakening."王琳表示：“我是在2025年4月看到小红书博主讨论黄金投资机会后，开始买入黄金的。”她将这一经历称为自己的“黄金觉醒”。"I bought 80 grams of gold at a Postal Savings Bank unit near my workplace," she said, adding that she has since earned about 23,000 yuan in returns. Wang, whose investment logic is simple and grounded, added that, "Buying gold is like saving. Even if I bought at a high price, it still feels safer than investing in stocks."她说：“我在工作地点附近的一家邮政储蓄银行网点买入了80克黄金。”并补充称，目前已获得约2.3万元的收益。王琳的投资逻辑简单而务实，她表示：“买黄金就像存钱，即使买在高位，也感觉比投资股票更安全。”Li Yuefeng, a researcher at the Beijing Gold Economy Development Research Center, said: "Concerns over potential trade wars, along with the US leadership's recent comments about allowing the greenback to decline, have fueled fears of a competitive currency devaluation. As a result, gold prices have surged."北京黄金经济发展研究中心研究员李跃锋表示：“对潜在贸易战的担忧，以及美国领导层近期关于允许美元走弱的表态，引发了市场对竞争性货币贬值的担忧，从而推高了金价。”Li believes gold prices could test the range of 5,300–5,700 yuan per gram in the short term, with a potential peak around 5,500 yuan. However, after this rally, a corrective phase is likely, he added.李跃锋认为，短期内金价可能测试每克5,300元至5,700元区间，潜在高点或在5,500元左右。但他同时指出，在本轮上涨之后，市场可能进入回调阶段。safe-haven bets /ˈseɪf ˌheɪvən bets/避险押注spot gold /spɒt ɡəʊld/现货黄金bullion bars /ˈbʊljən bɑːz/金条retail investors /ˈriːteɪl ɪnˈvestəz/散户投资者competitive currency devaluation /kəmˈpetətɪv ˈkʌrənsi ˌdiːvæljuˈeɪʃn/竞争性货币贬值

In this episode ofHoliday Blues, we dive into a familiar but rarely named emotional state: the quiet psychological turbulence that builds in the days leading up to a major holiday. Beneath the festive music, travel ads, and cheerful expectations lies a dense mix of anxiety, worry, and relentless busyness that many people experience—but struggle to articulate.Through an insightful, conversational deep dive, this episode introduces the concept of “pre-holiday syndrome,” breaking it down into three core symptoms: time-driven anxiety, uncertainty-fueled worry, and fragmented, exhausting busyness. From the surreal experience of being physically at work while mentally halfway home, to the high-stakes battle of booking tickets, and the emotional paralysis of choosing the “right” gift, the discussion reveals why the season meant for reunion so often feels overwhelming.

A burly tractor rumbles across the vast snowfield, hauling two snaking lines of adventurers. Each is nestled in an inflatable snow tube, all roped together, gliding effortlessly through the howling wind and swirling snow with cries of delight.一辆粗壮的拖拉机在辽阔的雪原上轰鸣前行，牵引着两条蜿蜒的游客队伍。游客们各自坐在充气雪圈中，被绳索串联在一起，在呼啸的寒风和飞旋的雪花中轻快滑行，欢呼声此起彼伏。At the Jingpo Lake scenic area in Ning'an, Heilongjiang province, the sled takes them to the lake's frozen heart to witness the traditional winter ice fishing.在黑龙江省宁安市的镜泊湖景区，雪橇将游客带到冰封湖面的核心区域，近距离观赏传统的冬季冰上捕鱼活动。The fishermen chant and carefully lower a massive net into the icy depths. The climax comes when dozens of them work together to haul the net up, revealing a spectacular harvest of fish leaping onto the ice.渔民们一边高声吟唱，一边小心翼翼地将巨大的渔网放入冰冷的湖水深处。高潮时刻随之到来，数十人齐心协力将渔网拉出水面，成群活蹦乱跳的鱼跃上冰面，场面蔚为壮观。"The cold bites, but the excitement is so real," said Liao Xiaohan, a 32-year-old tourist from Chongqing, who's bundled up from head to toe against the approximately — 18 C cold, with frozen eyelashes.“寒冷刺骨，但兴奋感是真切的。”32岁的重庆游客廖晓涵说。当天气温约为零下18摄氏度，她从头到脚裹得严严实实，睫毛上甚至结了霜。"The picturesque view of Jingpo, a magnificent volcanic lava barrier lake featured in school textbooks, has captivated me and made me long to see it for myself."“镜泊湖如画的景色令人陶醉。作为一座曾出现在中小学课本中的壮丽火山熔岩堰塞湖，它让我心生向往，迫切想亲眼看看。”The city of Ning'an was historically a dreaded cold frontier and a harsh land of exile during the Qing Dynasty (1644-1911). It was called Ningguta during the Ming and Qing dynasties (1368-1911). Its very name was once enough to make one tremble. Now, it draws visitors eager to delve into its poignant past, many of whom first heard of it through costume dramas.宁安市在历史上曾是清代（1644—1911年）令人闻之色变的寒冷边疆与流放之地。明清时期（1368—1911年），这里被称为“宁古塔”，仅其名号便足以令人心生畏惧。如今，这座城市吸引着渴望探寻其厚重历史的游客，其中不少人最初正是通过古装影视剧了解到这里。Growing up in the downtown area of Chongqing, where snow scarcely falls, Liao, like many people from China's warmer southern regions, said she always longs for the crisp chill and endless white expanse of a true northern winter.廖晓涵成长于几乎不下雪的重庆主城区。她表示，和许多来自中国南方温暖地区的人一样，自己始终向往北方冬季特有的凛冽寒意与一望无际的银白世界。In addition to traditional winter sports like skiing and skating, China's unique snow-based activities and immersive winter experiences are attracting domestic tourists such as Liao, as well as inbound tourists who benefit from China's facilitative visa-free policies and their expansion to more countries.除滑雪、滑冰等传统冬季运动外，中国独具特色的冰雪项目和沉浸式冬季体验，正吸引着廖晓涵这样的国内游客，同时也吸引了得益于中国便利化免签政策及其不断扩容的入境游客。During the ongoing ice and snow season, there is also a significant surge of inbound tourists to various winter destinations across China.在当前冰雪季期间，中国多地冬季旅游目的地迎来了入境游客数量的显著增长。Data from the General Administration of Sport of China showed that, in the first month of this year's ice and snow season, ski resorts across the country received a total of 35 million visitor trips, a year-on-year increase of 10 percent. The number of inbound visitors reached 190,000, marking a 66 percent increase compared with the same period last year.国家体育总局数据显示，今年冰雪季首月，全国滑雪场共接待游客3500万人次，同比增长10%。其中，入境游客达19万人次，同比增幅达66%。According to travel platform Trip.com Group's latest data, as of December, inbound bookings for ice and snow destinations have nearly doubled overall year-on-year. Among the most popular destinations, the Xinjiang Uygur autonomous region saw an increase of 158 percent, while bookings for the Inner Mongolia autonomous region rose 141 percent and those for Hebei province were up 130 percent.据旅游平台携程集团最新数据显示，截至12月，冰雪目的地入境游订单整体同比接近翻倍。其中，新疆维吾尔自治区增幅达158%，内蒙古自治区增长141%，河北省增长130%。Booking data showed that the majority of inbound visitors came from Singapore, Malaysia, Thailand, South Korea, Russia and Australia.预订数据显示，入境游客主要来自新加坡、马来西亚、泰国、韩国、俄罗斯和澳大利亚。Wu Liyun, a professor at Beijing International Studies University's China Academy of Culture and Tourism, said, "The popularity of Chinese winter destinations is extending to snow-scarce Southeast Asia, as well as to Russia, which is itself a winter destination.北京第二外国语学院中国文化和旅游产业研究院教授吴丽云表示：“中国冬季旅游目的地的热度正向缺乏降雪的东南亚地区延伸，同时也吸引了本身就是冬季旅游目的地的俄罗斯游客。”"For these inbound visitors, the draw is not just ice and snow, but also the diverse cultural experiences and festive activities in the winter setting," Wu said.吴丽云指出：“对这些入境游客而言，吸引力不仅在于冰雪本身，还包括冬季场景下丰富多样的文化体验和节庆活动。”According to Wang Xiaoxue, deputy head of the Mafengwo Tourism Research Institute in Beijing, popular winter destinations in northeastern China are upgrading their infrastructure and developing innovative offerings that blend ice and snow with live concerts, auroras, intangible cultural heritage, folk culture and travel photography.北京马蜂窝旅游研究院副院长王晓雪表示，中国东北地区的热门冬季旅游目的地正加快基础设施升级，并推出将冰雪与演唱会、极光、非物质文化遗产、民俗文化及旅拍相结合的创新产品。Wu added that Harbin, the capital of Heilongjiang province, recently began offering direct chartered flights to more Southeast Asian countries, which has also increased visitor arrivals.吴丽云补充说，黑龙江省省会哈尔滨近日开通了通往更多东南亚国家的直航包机航线，也进一步带动了游客数量增长。wintry fun /ˈwɪntri fʌn/冰雪乐趣ice fishing /aɪs ˈfɪʃɪŋ/冰上捕鱼volcanic lava barrier lake /vɒlˈkænɪk ˈlɑːvə ˈbæriə leɪk/火山熔岩堰塞湖land of exile /lænd əv ˈeksaɪl/流放之地intangible cultural heritage /ɪnˈtændʒəbl ˈkʌltʃərəl ˈherɪtɪdʒ/非物质文化遗产

China's national immigration authorities significantly enhanced their service efficiency in 2025, processing a record 697 million border crossings, a 14.2 percent increase from the previous year.2025年，中国国家出入境管理机关大幅提升服务效率，处理出入境人次达6.97亿次，创历史新高，较上年增长14.2%。According to data announced by the National Immigration Administration on Wednesday, foreign nationals accounted for more than 82 million crossings, a year-on-year rise of 26 percent. Notably, over 30 million foreign nationals entered China visa-free, almost 50 percent more than last year, making up 73 percent of all foreign entries.根据国家移民管理局周三公布的数据，外国公民跨境入境超过8200万人次，同比增长26%。值得注意的是，逾3000万外国公民免签入境中国，较去年增长近50%，占外国入境总量的73%。Residents from the Chinese mainland made 335 million crossings, up 15 percent, while those from Hong Kong, Macao and Taiwan made nearly 280 million crossings, up 10 percent compared with 2024.来自中国大陆的居民跨境往来达3.35亿人次，同比增长15%；来自香港、澳门和台湾地区的居民跨境往来近2.8亿人次，较2024年增长10%。Lyu Ning, the administration's spokeswoman, noted that the immigration sector has advanced policy reform and innovation, implementing targeted measures to underpin high-quality development and inject new impetus into the national economy.国家移民管理局新闻发言人吕宁指出，国家移民管理局推进政策创新改革，实施精准举措，为高质量发展提供支撑，为国民经济注入新动力。To facilitate exchanges, authorities expanded the pilot program for online travel document applications for mainland residents to 50 cities, with 457,000 successful online applications recorded.为促进交流，国家移民管理局将内地居民网上申请旅行证件的试点计划扩大至50个城市，共录得45.7万宗成功网上申请。Additionally, Indonesia was added to the list of countries eligible for the 240-hour visa-free transit policy, and five more ports in Guangdong province were designated for the policy, bringing the national total to 65.此外，印度尼西亚被纳入240小时免签过境政策适用国家名单，广东省新增5个口岸实施该政策，使全国实施该政策的口岸总数达到65个。Visa-free entry for tourist groups from Association of Southeast Asian Nations member countries to Xishuangbanna Dai autonomous prefecture in Yunnan province was also launched. In coordination with relevant departments, the administration increased the count of China's unilateral visa-free countries to 48 and mutual visa exemption countries to 29, bringing the total number of countries granting unilateral visa-free access to China to 28.同时，对东盟成员国旅游团赴云南省西双版纳傣族自治州实施免签政策。经协调相关部门，中国单方面免签国家增至48个，互免签证国家增至29个，对华实施单方面免签的国家总数达到28个。Lyu noted that while ensuring efficient cross-border travel, these initiatives have fueled the boom in "Travel in China" and "Shop in China" campaigns, elevating China's image as an open, inclusive and dynamic country.吕宁指出，这些举措在保障跨境出行高效顺畅的同时，也推动了“中国游”和“中国购”活动的蓬勃发展，提升了中国作为开放包容、充满活力的国家形象。Data from the Ministry of Commerce showed that the expanded visa-free policies and optimized tax refund measures have further boosted these campaigns, with sales of tax-refundable goods nearly doubling.商务部数据显示，扩大的免签政策和优化的退税措施进一步推动了上述活动，退税商品销售额几乎翻了一番。Dai Bin, president of the China Tourism Academy, pointed out that China's tourism industry has become more open and inclusive over the past year and over the 14th Five-Year Plan (2021-25) period, making important contributions to the prosperity of the global tourism sector.中国旅游研究院院长戴斌指出，过去一年及“十四五”期间，中国旅游业更加开放包容，为全球旅游业繁荣发展作出重要贡献。China's high-level opening-up policies, covering visas, immigration, port access, tax refunds and payment facilitation, have significantly improved entry convenience for international travelers.中国实施的高水平开放政策，涵盖签证、入境、港口准入、退税及支付便利化等领域，显著提升了国际旅客入境的便利性。He described 2025 as a landmark year for China's institutional opening-up in tourism. China is now a global leader in tourism exchanges with countries involved in the Belt and Road Initiative in Southeast Asia, West Asia, Africa, and Latin America, while tourism exchanges with Europe have almost returned to the 2019 levels, he said.戴斌将2025年称为中国旅游业制度性开放的里程碑之年。他表示，中国目前已成为与东南亚、西亚、非洲和拉丁美洲等“一带一路”沿线国家旅游交流的全球领头羊，而与欧洲的旅游交流已基本恢复到2019年水平。Looking ahead to 2026 and the 15th Five-Year Plan (2026-30) period, Dai emphasized that China is poised to play a bigger role in global tourism development.展望2026年及第十五个五年规划（2026-2030年）期间，戴斌强调中国将在全球旅游业发展中发挥更重要的作用。The National Immigration Administration said it will continue to expand and deepen high-level opening-up to the outside world, optimize immigration policies and respond to public demands, with a view to boosting economic and social development through continuous reform and innovation.国家移民管理局表示，将持续扩大深化高水平对外开放，优化移民政策，回应公众诉求，通过持续改革创新推动经济社会发展。

The recent surge in users in the United States abandoning TikTok after the announcement of a so-called "Americanized" joint venture offers an ironic footnote to the long-running political drama around the popular video-sharing app.美国用户近期大规模放弃TikTok的现象，恰恰为围绕这款热门视频分享应用的长期政治风波增添了讽刺性的注脚。此前美国政府宣布将成立所谓“美国化”的合资企业。For years, some US politicians have claimed that TikTok represents a grave "national security threat". Invoking slogans such as "privacy leakage risks" and "China threatens US data security" they created the specter of "Big Brother spying" on users of the app in the US.多年来，美国某些政客声称TikTok构成严重的“国家安全威胁”。他们打着“隐私泄露风险”和“中国威胁美国数据安全”等口号，在美国用户中制造出“老大哥监视”的幽灵。Yet, now that a deal has been forced through for US capital to acquire control of the app in the country under these pretexts, it is not China that users in the US appear to fear. It is the US elites and government.然而，当美国资本以这些借口强行达成协议，取得该应用在中国的控制权后，美国用户似乎并非担忧中国，而是美国精英阶层和政府。According to data from market intelligence company Sensor Tower, the daily average of US users deleting TikTok has jumped nearly 150 percent over the five days from Thursday to Monday compared with the previous three months. The spike followed TikTok's announcement that its US services would be operated by a new joint venture controlled by US capital, with a new leadership and a majority-US board. The message from users has been blunt: the promised "security solution" has only deepened anxiety.据市场情报公司Sensor Tower数据显示，在TikTok宣布其美国业务将由一家由美国资本控股的新合资企业运营之后的周四至周一这五天内，美国用户每日平均删除TikTok应用的数量较此前三个月激增近150%。该企业将组建新管理层并由美国籍成员主导董事会。而用户传递的信息直截了当——所谓的“安全解决方案”反而加剧了不安情绪。Social media skepticism flared after users were prompted to agree to an updated privacy policy. Critics seized on language describing potential data collection involving sensitive personal information. Yet archived versions of the policy show that this language was already present months earlier. What changed was not the policy itself, but who would ultimately sit behind the curtain of control.社交媒体质疑声浪高涨，起因是用户被要求同意更新后的隐私政策。批评者抓住政策中描述可能收集敏感个人信息的相关表述大做文章。然而政策存档版本显示，这些表述早在数月前就已存在。真正改变的并非政策本身，而是最终掌控幕后大权的究竟是谁。For years as it tried to wrest control of the company from its Chinese parent ByteDance, Washington claimed it was acting to protect US-based users from "foreign surveillance". Now, the same users are openly questioning whether the real risk lies in the concentration of data and influence in the hands of domestic political and financial elites. As one commenter in an Associated Press analysis put it, "There is something inherently wrong with allowing the people who control government policy to invest in the outcome. I believe it's called lining their own pockets."多年来，美国政府在试图从中国母公司字节跳动手中夺取控制权时，声称此举是为了保护美国用户免受“外国监视”。如今，这些用户公开质疑真正的风险是否在于数据和影响力集中在国内政治金融精英手中。正如美联社分析报道中一位评论者所言：“允许掌控政府政策的人投资于政策结果本身就存在根本性问题。我认为这叫中饱私囊。”The structure of the deal does little to dispel such doubts. The new TikTok US entity is backed by Oracle, Silver Lake and the Emirati investment company MGX, each holding 15 percent, alongside other US investors linked to powerful technology and media interests. ByteDance retains a 19.9 percent stake and licenses itsalgorithm to the US entity, which will retrain and operate it on US user data. In other words, the core technology remains Chinese intellectual property, while control over the data, moderation and distribution increasingly shifts to US capital.TikTok的交易结构更是难以消除此类疑虑。新成立的TikTok美国实体由甲骨文、银湖资本和阿联酋投资公司MGX共同支持，三者各持股15%，另有其他与美国科技及媒体巨头相关的投资者参与。字节跳动保留19.9%股权，并将算法授权给美方，后者将利用美国用户数据对算法进行重新训练并运营。换言之，核心技术仍属中国知识产权，而数据控制权、内容审核权及分发权正日益向美国资本转移。This arrangement exposes the essential nature of the deal: a forced transaction achieved through political pressure though it is claimed to be the outcome of "market negotiations".这种模式暴露了交易的本质：尽管声称是“市场谈判”的结果，实则是通过政治压力强行达成的交易。Under the threat of a congressionally mandated ban, a prized global digital asset was compelled to open its ownership to select US tycoons. "National security" rhetoric provided the packaging; capital redistribution was the content.在国会强制禁令的威胁下，某项备受追捧的全球数字资产被迫向美国特定富豪开放所有权。“国家安全”的口号是包装，资本再分配才是实质内容。Ironically, the very algorithm once portrayed as a "dangerous foreign weapon" is now expected to be "retrained" to produce a more "distinctly American" feed. As analysts note, this means trends will shift, rankings will change, and what dominates users' screens may increasingly reflect domestic political and commercial priorities. Who controls TikTok in the US has a lot of sway over what US citizens see on the app.讽刺的是，曾经被描绘为“危险的外国武器”的算法，如今却被寄予厚望，要通过“重新训练”来生成更具“鲜明美国特色”的内容推送。正如分析人士所指出的，这意味着内容趋势将发生转变，内容排名将随之调整，而占据用户屏幕主导地位的内容，将日益反映国内政治与商业的优先事项。谁掌控美国境内的TikTok运营权，就将在很大程度上决定美国公民在该应用上所见的内容。Unsurprisingly, creators are uneasy. Nadya Okamoto, a TikTok creator with more than 4 million followers, told the media that the company had failed to explain what the joint venture means for users. "That's why there is so muchparanoia," she said, adding that technical disruptions only intensified fears of censorship. Another viral comment summarized the mood with biting satire: The US didn't "save" TikTok—it redistributed its ownership to White House-aligned billionaires while leaving ByteDance's algorithm at the core.不出所料，这让创作者们感到不安。拥有400多万粉丝的TikTok创作者娜迪娅·冈本（Nadya Okamoto）向媒体表示，该公司未能解释合资企业对用户意味着什么。她说：“这就是为什么有这么多疑虑。”并补充说技术中断只会加剧人们对审查的担忧。另一则疯传的评论以犀利讽刺概括了当前氛围：美国并未“拯救”TikTok；它只是将所有权重新分配给有美国政府撑腰的亿万富豪，同时保留字节跳动的核心算法。Small business owners, whose livelihoods depend on the platform, are watching closely. Although they were relieved the ban threat was lifted, they are still worried the new owners might sideline e-commerce features. These business owners hold a wait-and-see mindset, as they really doubt whether TikTok's role in empowering voices that once lacked access to mass platforms can be retained.小企业主们正密切关注事态发展，因为他们的生计依赖于该平台。尽管禁令威胁解除令他们松了口气，但他们仍担忧新东家可能削弱电商功能。这些企业主们持观望态度，因为他们深切怀疑TikTok能否继续发挥其赋能作用，让那些曾经无法接触大众平台的声音获得发声渠道。The wave of uninstalls has not yet translated into a meaningful drop in active users, reflecting TikTok's massive user base and the reluctance of frequent users to leave. But the symbolic message is unmistakable. As one user wrote, "The new American TikTok will be like Panda Express for Chinese food: familiar on the surface, sanitized for mass appeal, owned by different interests, and stripped of the original's deeper flavor and context."尽管卸载潮尚未导致活跃用户数量出现显著下滑，从这方面也反映出TikTok庞大的用户基数以及高频用户不愿离开的特性。但其中蕴含的象征意义不言而喻。正如一位用户所言：“新美国版TikTok将如同中餐界的熊猫快餐：表面熟悉，为迎合大众而过度净化，被不同利益集团掌控，并丧失了原版的深层风味与文化底蕴。”In reality, the TikTok deal may already represent the maximum compromise possible under current circumstances. It satisfies US regulatory demands while preserving ByteDance's control over core intellectual property. If "privacy" and "data security" were truly the concerns, the deal should have reassured users. But it has not. Instead, it has suggested a deeper unease: In today's Washington, "national security" has become negotiable—provided the right people get a share.实际上，TikTok的这场交易或许已是当前形势下可能达成的最大妥协。它既满足了美国监管机构的要求，又使字节跳动保留了对核心知识产权的控制权。若“隐私”与“数据安全”确为核心关切，该协议本应消除用户疑虑。但事实恰恰相反——它揭示出更深层的不安：在当今华盛顿，特定利益集团能分得一杯羹，“国家安全”已沦为可交易的商品。The users' verdict, expressed through uninstall buttons and sharp-edged comments, may be the most telling commentary of all.用户通过点击卸载按钮和发表尖锐评论所表达的判断，或许是最具说服力的评价。algorithmn./ˈæl.ɡə.rɪ.ðəm/算法paranoian./ˌper.əˈnɔɪ.ə/疑虑

Hundreds of thousands of supportive viewers flooded actor Li Yapeng's Douyin livestream on Friday, snapping up tea products in a charity-driven surge aimed at helping save from closure a children's hospital he cofounded.上周五，数十万支持者涌入演员李亚鹏的抖音直播间，在慈善热潮中抢购茶产品，旨在帮助挽救他参与创办的一家濒临关闭的儿童医院。The outpouring of public support followed widespread attention to the financial plight of Beijing Smile Angel Children's Hospital, founded by Li in 2012, which provides free and subsidizedcleft lip and palate surgeries.公众的慷慨支持源于北京嫣然天使儿童医院的财务困境引发广泛关注。该儿童医院由李亚鹏于2012年创立，致力于为唇腭裂患儿提供补贴以及免费手术。The hospital faces accumulated debts exceeding 26 million yuan ($3.5 million) in unpaid rent and fees, and risks being shut down.该医院面临累计逾2600万元（约合350万美元）的租金及费用拖欠债务，面临停业风险。After Li addressed the hospital's situation online earlier this month, donations to the Smile Angel Foundation—a fund he established in 2006 under the Chinese Red Cross Foundation to finance surgeries—quickly surpassed 23 million yuan from hundreds of thousands of contributors. The donation channel was closed after the fundraising target was met ahead of schedule.李亚鹏本月初在网上讲述医院困境后，由他2006年在中国红十字基金会下设立的“嫣然天使基金会”（用于资助手术的基金会）迅速收到数十万善心人士捐款，总额突破2300万元。该募捐渠道在提前达成目标后现已关闭。Experts later clarified that the donations were directed to a fundraising body that is a separate legal entity from the hospital, meaning the funds could only be used to cover medical costs and cannot legally be applied to rent or other operational expenses associated with the hospital.专家随后证言道这些捐款是直接捐给一个独立于医院的法定募捐机构；这意味着资金只能用于支付医疗费用，依法不能用于医院的租金或其他运营开支。Capitalizing on the momentum, Li launched a dedicated Yunnan Pu'er tea livestream on his Douyin account at 7 pm on Friday. The event drew tens of thousands of viewers, with multiple products selling out almost instantly.李亚鹏在上周五晚7点借势而为，于其抖音账号开启了一场云南普洱茶专场直播。活动吸引了数万观众，多款产品几乎瞬间售罄。Platform data showed Li's livestream topped the Douyin sales chart, generating 16.84 million yuan ($2.42 million) in revenue—nearly four times that of the second-ranked broadcaster.抖音平台数据显示，李亚鹏的直播在抖音销售榜上高居榜首，创收1684万元（约合242万美元）——几乎是排名第二的主播收入的四倍。During the broadcast, Li urged rational consumption. "I know why everyone is here," he said, alluding to the hospital's situation. He urged viewers to "only buy if you drink tea".直播期间，李亚鹏呼吁理性消费。他提及医院现状时说道“我知道大家为何聚集在此”，并敦促观众“仅限饮茶者购买”。Due to overwhelming demand, Li's partner in the sales event, a Pu'er tea company in Yunnan province, announced Saturday that it would temporarily suspend upcoming livestreams to focus on processing orders.由于需求量巨大，李亚鹏在此次销售活动中的合作伙伴——云南省一家普洱茶公司于周六宣布，将暂时暂停即将举行的直播活动，以专注处理订单。"The order volume far exceeded expectations," the company said in a statement. "To ensure timely and accurate delivery and avoid backlogs, we are pausing livestreams to concentrate all resources on order fulfillment."该公司在一份声明中表示：“订单量远超预期。为确保及时准确交付并避免积压，我们将暂停直播，集中所有资源处理订单。”While the tea sale underscored strong public backing for Li and his charitable mission, the hospital's future remains uncertain.尽管普洱茶的销售情况凸显了公众对李亚鹏及其慈善事业的强烈支持，但嫣然天使儿童医院的未来仍充满不确定性。In a statement dated Wednesday, the hospital said negotiations with its landlord were ongoing, with no final decision yet on relocation or lease renewal.该医院在周三发表的声明中表示，与房东的谈判仍在进行中，关于搬迁或续租事宜尚未作出最终决定。cleft lip and palate surgeries唇腭裂手术