Exposure to manual welfare

Wang Kai once made headlines with a pair of beautiful hands, and while waiting for the new The Duke Of Mount Deer to start shooting, the net exposed Zray, Andy, Li Qin, Tang Yixin, Rachel Momo, Una, Xu Dongdong, and Bai Xue to hand-control welfare photos. In the lens, Zhang Yishan had a clear joint and a white and slender hand, and the seven beautiful hands were exquisite and beautiful, which became a sharp weapon to circle powder.

Netizens praised this as the hand playing the piano.

It is reported that the new version of The Duke Of Mount Deer is already in preparation, and the main lineup will be announced one after another. At present, Zray will play the leading actor Wei Xiaobao, while Andy will play Ake, Li Qin will play Fang Yi, Tang Yixin will play Mu Jianbing, Rachel Momo will play Zeng Rou, Wu You will play Princess Jianning, Xu Dongdong will play Su Quan and Bai Xue will play Shuanger. Once this lineup is announced, it will be recognized and expected by most netizens.

In the exposed hand-controlled welfare photo, Andy, who plays Ake, covers his face with his hands, blending with his delicate expression and slap face, and his clean, white and lovely little hands are also very beautiful; Li Qin, who plays Fang Yi, is not particularly slender, but her hands are beautiful with ten tips. Such hands are born to create beautiful things. Tang Yixin’s hand, who plays Mujianbing, has long knuckles and beautiful shape, which is simply "his hands are soft and his skin is coagulated". Netizens praised him as a piano player.

I was powdered by Qimei’s bracelet.

Rachel Momo, who plays Ceng Rou, has a very beautiful hand, and her fingers are even and slender, white and tender. It is a fairy’s hand. Many netizens have left messages: Rachel Momo people are good actors who are worth looking forward to; Princess Channing’s actor Una’s hand refers to the root of an onion, which is exquisite and cute. It is also a hand that can be used as a hand model, with a standardized hand shape that is neither long nor short, even and meticulous.

Raquel, who plays Su Quan, has long, white fingers. Her delicate hands are charming and steal the mirror. A pair of beautiful hands is equivalent to a beautiful and brilliant face, so people often say that hands are a woman’s second face. Not to mention the snow hand who plays Shuang’er. It’s white and tender, and it’s really beautiful. Some netizens left a message: It’s not only beautiful with fingers, but also beautiful with fingernails! It’s really powdered by these hands. Which star’s hand do you like best?

April 23, 2014, vaccine storage and transportation place-cold chain construction system-Beijing Sankangdele North District Operation Center. Vision china diagram

On April 13th, Li Keqiang, Premier of the State Council of the People’s Republic of China presided over the the State Council executive meeting, listened to the report on the investigation and handling of a series of cases of illegal operation of vaccines in Jinan, Shandong Province, decided to hold a group of responsible persons accountable first, and discussed and passed in principle the Decision of the State Council on Amending the Regulations on the Administration of Vaccine Circulation and Vaccination (Draft) (hereinafter referred to as the revised draft).

The Paper (www.thepaper.cn) noted that,The revised draft has greatly adjusted the circulation mode of the second type of vaccine, canceled the link of drug wholesale enterprises to operate vaccines, and handed over the second type of vaccine to the provincial disease control department for centralized procurement.

On the evening of April 13th, Mingde Yu, former director of the Finance and Circulation Department of the State Administration of Traditional Chinese Medicine, and now president of China Pharmaceutical Enterprise Management Association and China Pharmaceutical Entrepreneurs Association, told The Paper that canceling the vaccine wholesale business would shorten the circulation chain and reduce the number of monitored objects, which would help to enhance the monitoring effect.

Song Hualin, a professor at Nankai University Law School who has long been concerned about vaccine supervision, said,On the one hand, the revised draft indicates that in the future, the sales price of the second-class vaccine will be more transparent from the factory to the final inoculation, and the space for the disease control department to increase the price and profit will become smaller; On the other hand, in the past, the disease control department had to make money by selling the second-class vaccines. This revised draft included the funds of the disease control department in full in the budget, which increased the public welfare attribute of the disease control department and curbed its profit-seeking motivation.

Reduce circulation links and reduce the difficulty of management and control.

On April 13th, the Legislative Affairs Office of the State Council released a message explaining the revision of the Regulations.

The news pointed out that in view of the long circulation chain and large profit-making space of the second-class vaccine exposed in the case, the draft deleted the provisions of the Regulations that pharmaceutical wholesale enterprises can operate vaccines after approval, and compared the voluntarily vaccinated second-class vaccines with the first-class vaccines used in the national immunization program, all of them were included in the provincial public resource trading platform for centralized procurement, and pharmaceutical wholesale enterprises were no longer allowed to operate vaccines.

In addition, in view of hidden illegal business practices such as "hanging tickets", the draft stipulates that disease prevention and control institutions and vaccination units should establish true and complete records of purchase, storage, distribution, supply and receipt in accordance with regulations, so that tickets, accounts, goods and payments are consistent.

"Ticketing" is a slang word in the vaccine industry, which means that an individual who can find a vaccine is affiliated with a pharmaceutical production or wholesale enterprise and sells vaccines (drugs) to medical institutions by himself. When necessary, the affiliated pharmaceutical production or wholesale enterprises shall provide business licenses, pharmaceutical business licenses, etc., implement public-to-public transfer transactions, and finally divide them into shares.

On the evening of the 13th, Mingde Yu, president of China Pharmaceutical Enterprise Management Association and China Pharmaceutical Entrepreneurs Association, told The Paper: "Pharmaceutical wholesale enterprises are no longer allowed to operate vaccines, the circulation chain of the second-class vaccines is obviously shortened, and the number of monitored objects is reduced, all of which are conducive to enhancing the monitoring effect." Mingde Yu said that the number of pharmaceutical wholesale companies operating vaccines is also very large, and it is very difficult to control them. The revised draft specifies that the second-class vaccines will be directly sent to the disease control department by the production enterprises according to the management of the first-class vaccines. This process is a planned management method, which is convenient for concentrating on strengthening control.

Song Hualin, a professor at Nankai University Law School, also believes that the elimination of drug wholesale enterprises from the vaccine circulation link will reduce the vaccine circulation process and play a certain role in solving the problems of "extracorporeal circulation" of the second-class vaccine.

"In the past, vaccine manufacturers could sell second-class vaccines to wholesale enterprises or directly to disease control departments; Wholesale enterprises can also sell vaccines to other wholesale enterprises or directly to the disease control department; The disease control department can also sell the second-class vaccine to the lower-level disease control departments and vaccination units. " Song Hualin said that the second-class vaccine illegally flowed into the hands of some people who actually had no vaccine business qualifications, which was partly caused by the cumbersome circulation of vaccines.

Increase the public welfare attributes of disease control departments and curb their profit-seeking motives.

"It’s not that the vaccine is removed from the circulation enterprises, and the vaccine will sit back and relax in the future, absolutely not." Mingde Yu said,Driven by interests, even if the circulation mode of vaccines is changed, it is also necessary to prevent some personnel in the disease control department from taking risks to buy and sell vaccines for personal gain. "So the system depends on supervision.No matter how good the system is, some people try to seek personal gain, but when the legal system is sound, there is less room for them to rent and less chance for them to succeed. "

However, during the revision of the Regulations, the National Health and Family Planning Commission also released information that it will ensure the implementation of the staffing of disease control institutions at all levels in accordance with the provisions of the Guiding Opinions of the Central Organizing Committee, the Ministry of Finance and the Health and Family Planning Commission on the Organization Standards for Disease Control and Prevention. The personnel funds, public funds and business funds of disease control institutions should be fully included in the budget, and the part with insufficient financial input should be carefully verified and guaranteed by the finance at the same level. Scientifically verify the total performance salary of disease control institutions and implement dynamic adjustment. Establish a scientific and reasonable performance appraisal and performance salary distribution system. Scientifically check and approve the storage and transportation fees of the second kind of vaccine in county-level disease control institutions and the standards of vaccination service fees for vaccination units.

Song Hualin also believes that reducing the circulation link does not mean that there is no risk, and how to control it will be faced in the future.

Song Hualin said that it is not difficult to see from the information released by the National Health and Family Planning Commission that the norms and constraints on the disease control departments were obviously insufficient in terms of legal provisions and implementation status. Institutions are divided into public welfare category I and public welfare category II. One category is completely public welfare, and all expenses are fully funded by the government, including undertaking compulsory services, compulsory education, basic scientific research, public health, etc. Disease control belongs to public welfare category I..

"On the one hand, vaccine manufacturers should be required to standardize quality management behaviors, and enterprises should ensure that the corresponding sales records are true and complete while self-checking; On the other hand, in order to increase the public welfare nature of the disease control department, in the past, the disease control department had to increase financial support, curb its profit-seeking motivation and standardize its operating procedures in order to make money by selling the second-class vaccine.. Song Hualin said that this is also the reason why the funds of the disease control department should be included in the budget in full in the revised draft, that is, to ensure the funds of the disease control institutions and not to make profits.

Song Hualin said that the approval of the storage and transportation fees of the second type of vaccine and the vaccination service fee standards of vaccination units indicates that the sales price of the second type of vaccine will be more transparent from the factory to the final vaccination.

[Expert opinion]

Digital productivity is an important manifestation of new quality productivity (Xinhua News Agency & Sichuan Daily)　

During his recent inspection tour in Heilongjiang, General Secretary of the Supreme Leader pointed out that integrating scientific and technological innovation resources will lead the development of strategic emerging industries and future industries and accelerate the formation of new quality productivity. At the symposium on promoting the comprehensive revitalization of Northeast China in the new era held on September 7, the General Secretary once again pointed out that "we should actively cultivate strategic emerging industries such as new energy, new materials, advanced manufacturing and electronic information, actively cultivate future industries, accelerate the formation of new quality productivity, and enhance the development of new kinetic energy."　

Jiang Yongmu, Dean and Professor of School of Economics, Sichuan University, and Ma Wenwu, Associate Professor of School of Marxism, recently published an article "What is the new quality productivity? Where is the new one? It is pointed out that new quality productivity exists relative to old quality productivity, and the current manifestations of new quality productivity include digital productivity, green productivity and blue productivity.　

"Digital productivity" refers to the ability to integrate other factors of production through digital technology, create material products and spiritual products that meet social needs, and promote national economic growth. It is the digital result of the trinity of productivity factors, namely workers, labor materials and labor objects. The General Secretary of the Supreme Leader attaches great importance to the development of digital productivity, and profoundly points out that technologies such as Internet, big data, cloud computing, artificial intelligence and blockchain are accelerating innovation, and are increasingly integrated into the whole process of economic and social development. Countries are competing to formulate digital economy development strategies and introduce incentive policies. The digital economy is developing at an unprecedented speed, with a wide range of radiation and unprecedented influence. It is becoming a key force to reorganize global factor resources, reshape the global economic structure and change the global competition pattern. This important exposition fully shows that "digital productivity" has a profound impact on economic and social development and plays a great role.　

In the face of fierce international competition, China should seize the opportunity, speed up the construction of digital China, enhance "digital productivity", actively promote the formation of new quality productivity, and realize the iterative upgrading and leap-forward development of China’s productivity. We should seize the opportunity of digital development, strengthen the innovative application of key digital technologies, activate the potential of data elements, accelerate the construction of digital economy, digital society and digital government, and drive the transformation of production mode, lifestyle and governance mode with digitalization. Specifically, we should achieve "three passes": transform China’s traditional industries through "industrial digitalization" to make traditional industries form new productive forces; Create new market products, new industrial formats and new business models through "digital industrialization"; Empower social and economic development from a more basic level through "digital governance", and open up the blocking points of production, circulation, exchange and consumption, so that economic and social development is more smooth and convenient.　

The key to moving from a digital power to a digital power (People’s Forum Network)　

Liu Xiaoxin, director of the Virtual Economy and Management Research Center of Nankai University and professor of the School of Economics, recently published an article in the People’s Forum entitled "The Key to Moving from a Digital Power to a Digital Power". The article points out that China’s digital economy has achieved remarkable results. The digital economy has helped people to live a better life, injected vitality into the real economy, built a new financial ecology, and promoted the modernization of governance capacity. At the same time, the article points out that there are still many problems in the construction of digital economy system and mechanism in China.　

One isThe data information management standard is not perfect. Although the reuse of data is economically efficient, the privacy and security problems caused by it are increasingly prominent. As the producer of data, individuals can not only get the ownership of data, but also face the risk of data leakage and abuse. As data collectors, large platform companies usually hoard data to improve the threshold of industry access and limit industry competition. The confirmation, pricing and circulation of data need to be market-oriented, but it is also inseparable from the government’s standardized supervision of its development. Personal privacy needs to be protected, and at the same time, it needs to allow individuals to voluntarily transfer their privacy. Therefore, we must first clarify the ownership of personal data, so that individuals have the right to decide where their privacy is used. However, the current legal rules lack a solid theoretical foundation and practical experience in dealing with data competition. The degree of restriction of data monopoly on market competition is relatively hidden, and it is difficult to measure the decrease of market efficiency and the loss of consumer welfare caused by it.　

The second isThe digital transformation mode is not perfect. Digital technology is only the starting point. To realize the digital transformation of enterprises, it is necessary to start from the demand of digital transformation of enterprises and analyze the difficulties and pain points in the process of business transformation. The digital transformation of enterprises requires efforts in management and operation, which can greatly improve the efficiency of production and sales. The government needs to pay attention to the importance of providing relevant services and provide more support for economic entities. In addition, attention should be paid to bridging the digital divide in the process of digital transformation. Due to the different contact and use of digital technology between different regions and groups, some regions and groups are in a weak position in the development of digital economy, and their economic benefits are low.　

The third isThe development path of digital finance is not clear. In the national and local policies on digital economy, most of them focus on digital infrastructure and digital industry. The development path of digital finance and technology and finance in digital economy needs to be further clarified. Digital finance is inclusive, which can improve the income of residents in backward areas and promote inclusive economic growth. At the same time, digital finance has also brought some adverse effects to the development of digital economy. Financial fraud, unlicensed practice and the barbaric growth of financial technology companies are common occurrences. The essence of finance is to serve the real economy. In the era of digital economy, digital finance needs to give back to the real industry with higher quality financial services, and use scarce financial resources to promote the development of digital technology and the digital transformation of industries. The development of digital finance needs encouragement, and correct innovation can improve its operation efficiency; The development of digital finance also needs to be standardized, and government supervision can correct the bad tendency of digital finance that is purely profit-seeking. The government should attach importance to the position of digital finance in the development of digital economy, and plan and guide the development path of digital finance.　

The fourth isThe traditional statistical accounting system is not applicable. Many countries and international organizations have made a lot of explorations on digital economy accounting, but there is no consistent standard on the scope, classification and accounting methods of digital economy, and the accounting results obtained by various institutions are significantly different. In the future, with the further penetration of the digital economy into the traditional economy, all production and life will contain digital components, and how to accurately calculate the digital economy will be a major issue facing our country. At present, the accounting system of China’s digital economy focuses on the industrial perspective, which is easy to fall into the blind area of "only output value theory". It is difficult to accurately measure the inclusive application of digital technology in life, the construction of digital ecological environment and the innovation and breakthrough of digital technology under the current accounting system. In addition, when accounting for the digital industry, it is more difficult to account for the digital part of the industry compared with the digital industrialization part because it needs to separate the digital components from the traditional economic activities. Generally speaking, the accounting system of digital economy is far from meeting the requirements of the development of digital economy, and it is urgent to build an accounting system with China’s practical characteristics and suitable for international comparison.　

This paper puts forward four suggestions on how to build a good digital economy system and mechanism.　

First, integrate the administrative planning of digital economy.Set up a full-time organization for the development of digital economy to promote the synergy of various departments. As the focus of China’s development, the digital economy has not yet formed a full-time organization at the national level to take charge of overall command and coordination. Some local governments have taken the lead in making innovations in the form of digital economy administration. In Zhejiang Province, a Digital Economy Department has been set up under the Department of Economy and Information Technology to realize the overall leadership of digital economy development in the province. The digital economy covers many fields, such as science and technology, industry and people’s livelihood. The optimization and innovation of the administrative form of the digital economy will better integrate various administrative forces, improve the efficiency of policy formulation and implementation, give full play to the role of administrative forces in cultivating and supporting the digital economy, integrate the development planning of the digital economy in many fields, and realize the "multi-regulation integration" of digital economy planning. The development planning of digital economy in many fields, such as economic construction planning, urban and rural development planning, land use planning, industrial layout planning, etc., should be embodied in a development blueprint. In recent years, most provincial administrative regions in China have made development plans for digital economy, but their emphases are different. Decentralized planning is difficult to reflect the centralized will of the government. Therefore, the state should take the lead in the integration of digital economy planning and promote the orderly development of digital economy planning and integration.　

Second, safeguard the rights and interests of citizens in the digital economy.China passed the Data Security Law of People’s Republic of China (PRC) on June 10th, 2021, and the Personal Information Protection Law of People’s Republic of China (PRC) on August 20th, 2021, which restrained the infringement of citizens’ rights and interests in the digital economy from the legal level. However, the development of digital economy is changing with each passing day. Under the influence of the profit-seeking and blindness of capital, the infringement of consumers’ rights and interests in digital industry will become more and more serious, and the infringement of citizens’ rights such as algorithm manipulation, data killing and privacy trading will be more hidden. Therefore, compared with the perfection of laws and regulations, it is more important to update and adapt the regulatory means and regulatory concepts for the digital economy where new things emerge one after another. To grasp the strength of supervision, we should pay equal attention to management and release, intervene and regulate moderately on the premise of cultivating fertile soil for the growth of digital economy, and prevent the digital economy from damaging citizens’ rights and interests.　

Third, guard against the systemic risks of digital finance.The development of digital finance is a double-edged sword. On the one hand, digital finance has played a positive role in the development of the real economy and the improvement of people’s lives; On the other hand, because of its extensive coverage, the speed and scale of risk contagion far exceed that of traditional finance, which brings new challenges to national financial supervision. Digital finance lowers the entry threshold of the financial market, stimulates the disorderly expansion of various Internet finance enterprises, and attracts a large number of enterprises and individuals to engage in speculative activities, which increases the systemic risk of the financial market. Profits from digital finance should be based on the development of the real economy, and its profit rate should be normal. Excessive profit rate is not conducive to the growth of the real economy and is also unsustainable. China’s supervision of digital finance and technology and finance fully shows that its supervision of emerging things is maturing, and the central government and relevant departments have made timely adjustments to policies, encouraged innovation, and tried first. The regulatory authorities also played a key role in the relaxed regulatory environment in the early days of the network economy. On the one hand, encourage innovation and increase support for technological innovation and industrial innovation; On the other hand, in terms of system, regulations and supervision, the gradual policy adjustment is implemented, which is loose in the early stage, moderate in the middle stage and strict in the mature stage, which not only promotes the development of online payment, but also makes China’s online financial activities gradually enter a stable and orderly development track. In the future, the regulatory authorities need to conduct full coverage supervision of financial activities and unify supervision of digital financial companies. At the same time, the regulatory authorities can also use technology to improve their regulatory capabilities and implement accurate monitoring and control of financial risks. Anyway,On the premise of ensuring financial security, the regulatory authorities should still encourage financial innovation and support the development of digital finance.　

Fourth, participate in global digital governance.From a global perspective, digital governance has become the main direction of government transformation around the world. Establishing a digital government with citizen participation as the core is the inherent requirement of the development of the digital economy era. However, due to the differences in digital governance demands and consensus among countries, it is difficult to establish an effective and unified global digital governance system. The establishment of global digital governance rules system should be the result of cooperation and multilateral consultation among countries, and should not be formulated by developed countries alone, but should be combined with the actual requirements of developing countries. As the largest developing country, China has the responsibility and obligation to participate in the co-construction of the global digital governance system and contribute to the world’s digital governance programs, such as the formulation of international rules for digital economy and cyberspace, the reconstruction of digital currency and the financial system. China’s active participation in global digital governance is a necessary way to promote the construction of a mutually beneficial and win-win international system. Effective and unified global digital governance takes the community of human destiny as the core concept and takes into account the interests of all countries in the world. Therefore, China should give full play to the positive role of digital economy in building a community of human destiny and make contributions to the common progress of all human society.　

【 A number of merchants prosper agriculture and celebrate a bumper harvest 】

The activity of "2023 Prospering Agriculture by Counting Merchants and Celebrating Harvest" was launched (Ministry of Commerce)　

In order to thoroughly implement the decision-making arrangements of the CPC Central Committee and the State Council, and in accordance with the "Golden September and Silver 10" work arrangement of the Ministry of Commerce to promote consumption, the "2023" activity guided by the E-commerce Department was officially launched on September 23, and will last for one month until October 22.　

The activities were combined with the celebration of China Farmers Harvest Festival, which helped farmers to have a bumper harvest and enriched and promoted the consumption of urban and rural residents. Relying on the China E-commerce Rural Revitalization Alliance, e-commerce platforms and enterprises were widely guided to participate. Twenty-three alliance members launched 38 promotion measures, covering production and marketing docking, business assistance, personnel training, information services, publicity and promotion, including opening special online consumption zones such as soybeans and staple foods. Special activities such as agricultural specialty shopping festival, origin tracing, fresh picking, "promoting agriculture by several merchants" and brand innovation of "consumption+local products" were launched, and promotions such as "live broadcast+origin", "live broadcast+industrial belt" and "live broadcast+landmark" were carried out, covering more than 100,000 products.　

As an important measure of business service for rural revitalization, the work of "Boosting Agriculture with Several Businessmen" focuses on key tasks such as brand building of agricultural products network, talent training and new infrastructure development. It has carried out local activities of "Boosting Agriculture with Several Businessmen" in 13 provinces and cities, which has helped docking sales to exceed 2.3 billion yuan, and promoted a series of cooperation in product procurement, industrial belt cooperation, entrepreneurship and employment. More than 3,000 enterprises benefited from the "three products and one standard" certification and passed the China e-commerce rural project.　

Various e-commerce platforms have taken many measures to help agricultural products "go out of the village and enter the city" (China Business Daily)　

On the occasion of the sixth China Farmers’ Harvest Festival, colorful activities to promote consumption were carried out all over the country. The major e-commerce platforms actively responded to the call and held various marketing activities to help agricultural products "go out of the village and enter the city".　

Subsidies and low prices are still one of the main themes of the e-commerce platform Harvest Festival promotion activities. For example, JD.COM held a shopping festival for agricultural specialties, and through the implementation of "10 billion subsidies", it supported a number of high-quality agricultural specialties to reduce prices and improve service experience, and helped a large number of high-quality agricultural specialties from more than 2,000 industrial belts across the country to reach consumers’ tables and help farmers increase their income by selling goods. Millions of merchants in Meituan’s linkage platform have set up online special pages to promote consumption through Meituan’s optimization, Meituan’s grocery shopping and Meituan’s flash shopping, and invested tens of millions of subsidies to make high-quality specialty agricultural products from all over the country sell well through online platforms. Pinduoduo launched the "Duoduo Harvest Pavilion", invested 1 billion yuan in resource packages, and joined forces with 300,000 agriculture-related businesses and over 1,000 agricultural producing areas across the country to promote the quality improvement and efficiency improvement of agricultural products industrial belts.　

In addition to exerting strength at the sales end, the e-commerce platform also extends its tentacles to the production end. The e-commerce platform opens the source of direct mining, reduces the intermediate circulation of goods, ensures the quality of goods and the traceability of the supply chain, and provides consumers with more secure products. JD.COM Jiama agricultural special products’ source direct-sending mode, relying on JD.COM’s efficient digital and intelligent supply chain, goes deep into the origin, allowing high-quality agricultural special products to reach the table directly from the origin. It also cooperates with local governments and associations to reduce procurement costs through large-scale direct procurement at the source. Meituan buys vegetables through the "local sharp goods" plan, and completes the whole link of production and marketing in one day through traffic support, bulk purchase and direct source purchase in many places, improving the efficiency of the supply chain.　

Taobao Tmall sells more than 1 trillion agricultural products in 4 years (China Economic Weekly)　

Recently, Taotian Group released data showing that in the past four years, the sales of agricultural products on Taobao Tmall platform exceeded 1 trillion yuan. During this year’s Harvest Festival, Taobao Tmall went deep into the country of origin, invested billions of traffic support, and broadcast live in more than 130 industrial belts, covering more than one million agricultural products, helping more agricultural products out of the mountains. The data shows that from 2023 to now, Pu ‘er, rice, beef, ready-to-eat bird’s nest and sausage rank in the top five in the sales of agricultural products in Taobao; Broccoli, donkey-hide gelatin paste, cherries and watermelon have the fastest growth rate; Consumers in Guangdong, Zhejiang and Jiangsu prefer to buy agricultural products in Taobao. In addition, Taotian Group and Intellectual Property Publishing House signed a strategic cooperation framework agreement and launched the action plan of "Landmark Line-Prosperity of Geographical Indication Brand" to support and promote more than 2,000 geographical indication agricultural products approved by the state to join Taobao Tmall platform, providing all-round support for expanding online sales of geographical indication agricultural products.　

JD.COM released the "Benfu Plan" for rural revitalization (China Net)　

Recently, JD.COM officially released five major actions of "Ben Fu Plan" for rural revitalization. First, through brand building, help local agricultural special industries to speed up; The second is to accelerate the circulation of agricultural products through the sinking of infrastructure; The third is to accelerate the development of the whole industrial chain of digital intelligence by extending to the production end; The fourth is to speed up the modernization of rural governance through digital intelligence empowerment; Fifth, by strengthening personnel training, we will accelerate rural capacity building. In August, 2020, JD.COM launched the "Plan for Prosperity" for rural revitalization in an all-round way. As of June this year, the goal of "driving rural output value to exceed one trillion in three years" has been completed ahead of schedule, helping millions of farmers to increase their income and embark on the road of prosperity.　

Tik Tok helped to sell 4.73 billion agricultural special products in one year (cover news)　

Recently, Tik Tok E-commerce released the "Data Report on Tik Tok E-commerce Helping Agriculture in Harvest Festival 2023", which shows that from September 2022 to September 2023, Tik Tok E-commerce helped to sell 4.73 billion agricultural special products, with an average of 13 million parcels of agricultural special products sold all over the country every day. The number of short videos of agricultural special products sold by e-commerce trailers in Tik Tok was 21.86 million, and the total time of explaining agricultural special products in the live broadcast room was 37.78 million hours. The sales of agricultural special products driven by shelf scenes increased by 137% year-on-year. The number of experts in agriculture, rural areas and farmers increased by 105% year-on-year, the number of agricultural goods merchants increased by 83% year-on-year, and there were more than 24,000 agricultural goods merchants with annual sales exceeding one million yuan. In terms of age distribution, the post-90s consumers have become the main consumers of agricultural products in Tik Tok e-commerce, accounting for nearly 40% of the purchases. According to statistics, after 00 and 60, the purchase volume of group agricultural products increased by more than 150% year-on-year, making it a potential consumer.　

The report of Renmin University pointed out that it is necessary to crack down on e-commerce "going to the countryside is easy to help agriculture" (Economic Observer)　

A few days ago, the research group of the School of Agriculture and Rural Development of China Renmin University released the "Digital Intelligence Supply Chain Helps Rural Revitalization" (hereinafter referred to as the "Report"), which pointed out that most e-commerce enterprises actually present the dilemma of "going to the countryside is easy, but helping agriculture is difficult", and it is necessary to break through the constraints in mode and system to solve this problem.　

Specifically, e-commerce companies have three major dilemmas: "It is easy to go to the countryside but difficult to help agriculture". First, market certainty decays in the process of upstream transmission. E-commerce companies can accurately measure the market demand according to the sales data, but this certain time period is not enough to cover the agricultural production cycle to help farmers (including large farmers) reduce market risks. Second, the spillover risk of circulation and production links is relatively high. Small and medium-sized producers directly and dispersedly enter the market circulation, and the institutional transaction cost makes it impossible for both parties to establish stable income expectations, and even shows an antagonistic relationship to some extent. The bidding procurement mechanism forces farmers to pass on costs to the ecological environment and consumers. Third, the high mobility of commodities increases food safety risks. "Hong merchants replace sitting merchants" and "virtual space replaces physical space" reduce the income share of wholesale and supermarket real estate in the circulation system, but it also increases the difficulty of food quality and safety supervision.　

In view of this problem, the Report gives some suggestions and measures for e-commerce enterprises to go to the countryside with the case of JD.COM’s assistance to rural revitalization. First, the rural market in China has great potential. However, due to its geographical dispersion and relatively weak local logistics supply chain, many e-commerce companies are facing a series of challenges when entering the rural market. JD.COM’s logistics system, which focuses on asset investment and integrates warehousing and distribution, shows its unique competitive advantage. The second is to optimize intermediate links to help local governments obtain high returns. According to the market demand, JD.COM’s dispatching system will be adjusted quickly, and the scale of warehousing, wholesale and logistics at all levels will be deduced directly by using the data of the consumer side, which has made beneficial adjustments to the inherent industrial chain of traditional agriculture. Third, brand innovation activates local resources. JD.COM has realized the transformation from local low value-added industries to high value-added industries by brand building, and activated local resources.　

[number-reality fusion]

Tencent report emphasizes the integration of number and reality to strengthen the resilience of industrial development from three aspects (Tencent Research Institute)　

On September 26th, Tencent Cloud and Smart Industry Group released "Report on High-quality Development of Digital Economy in 2023" (hereinafter referred to as "Report"), pointing out that in the past five years, the "cloudization" of China’s industry was initially completed, the software and hardware infrastructure and ecology were self-contained, and the industry began to evolve into "intelligence". Digital technologies such as cloud computing, big data and artificial intelligence have been further integrated with industrial scenes, and the "resilience" of China’s industrial development has been continuously strengthened. The Report summarizes the development resilience of China’s industry as strengthening the impact resistance of the industrial chain, stimulating the endogenous growth of enterprises, releasing consumption vitality and enhancing social service capacity.　

In the industrial chain, digital technology has brought new models and new forms. Take the garment industry chain as an example. As a part of the industry chain, Xunxing Zipper, a zipper manufacturer, integrates all links from customer’s orders to the circulation of production materials, inventory monitoring, production, quality inspection, logistics and distribution on enterprise WeChat, and opens up the cooperative chain of the whole industry chain. This quick-response industrial chain has successfully supported the "small order and quick return" mode of cross-border e-commerce in China, such as Shein and Temu, so that they can produce new styles of clothing in weeks or even days to meet the immediate needs of overseas users; However, the fresh cold chain industry has long been plagued by the high spoilage rate in the process of transshipment and circulation. Large meat, eggs and milk suppliers hope to use Tencent Cloud server to store data and connect outlets with Tencent Big Data to establish a nationwide smart logistics network, improve scheduling timeliness, reduce transportation costs, speed up inventory turnover, and create a new digital paradigm for the cold chain industry.　

In the endogenous growth of enterprises, digital technology opens up the "aorta" and "capillary" of enterprise development, profoundly changes the production, operation and management methods of enterprises, and effectively stimulates the endogenous growth of enterprises. Fuchi Hi-Tech’s AI quality inspection scheme compresses the quality inspection completed in one minute to a few seconds, and the defect detection rate reaches 99.9%. The digital port built by China Merchants has realized "one-stop" customs declaration application, and the customs clearance efficiency has increased by 50%, which directly promoted the port’s year-on-year throughput growth by more than 6 times; Ruitai Masteel’s twin "transparent factory" with digital technology has improved the production efficiency by 30% and reduced the failure rate by 25%.　

In terms of consumption vitality, digital technology further shortens the distance between enterprises and users and activates users’ willingness to consume. Baiguoyuan has built more than 12.9 million private community users through applets, WeChat and enterprise WeChat, and built a new marketing model: taking stores as drainage points and communities as private domain operating positions to build a user service network, opening up communities, applet malls and offline stores, integrating online and offline experiences, providing users with refined services and increasing sales. In 2022, Baiguoyuan was not only successfully listed, but also its revenue was close to 15 billion yuan.　

Three Development Trends of Retail Digitization (Billion Power)　

Recently, Billion Think Tank and Bojun Research Institute jointly released "Responding to Retail Performance Growth-Practice Report on Retail Digital Growth in 2023", focusing on how retail enterprises respond to performance growth through digitalization, and summing up three future development trends of retail enterprise digitalization in the stock era.　

The first is to reconstruct all factors and achieve a brand of 100 billion. The retail organism reconstructs all the elements of people, goods and fields, and taps the incremental development of online and offline, which is the growth base for establishing a 100 billion brand.　

From the online point of view, the retail organism separates the main body of commodity sales and delivery performance, lowers the operating threshold of small and medium-sized dealers and talents, enables brands to make full use of social and live channel dividends, develop key leaders, key opinion consumers and key opinion sales, and establish a trading model of online sales and brand overall performance, laying the foundation for enterprises to expand their scale. From the offline point of view, through inventory sharing and pallet opening, the brand can realize the integration of omni-channel purchase, sale and storage, and the number of SKUs that can be sold in a single channel has greatly increased, thus improving the efficiency of a single store. In addition, the integration of purchase, sale and storage greatly enhances the brand’s ability to manage stores, thus realizing the laying of thousands of offline stores and covering a wider sinking incremental market. From the perspective of members, the global membership data has been opened, and the brand marketing ability has been greatly improved. With omni-channel ordering and cross-channel performance, the brand can respond to consumers’ purchasing demands at any time, seize consumers’ fleeting purchasing desires, and achieve efficient transformation.　

The second is to optimize the whole chain and build a retail organism. Retail organisms reshape the business chain, reconstruct the value chain, respond quickly, and deliver immediately as the basic ability. Profit distribution and immediate receipt are the "lubricants" of their operation. Manufacturing, omni-channel sales and omni-channel performance become an organic whole: sales promote reverse customization of production, and production information sharing improves performance efficiency; Omni-channel access provides more flexible purchase scenarios, and automatic account sharing/settlement enhances the willingness and efficiency of all parties in the industrial chain; Omni-channel quick response and quick delivery establish the operation base of online stores and offline stores to meet the timeliness requirements of consumers’ constantly improving commodity delivery.　

The third is the global full-scenario operation and the value of data assets. Global full-scenario operation enables retail enterprises to accumulate rich data assets. The application of emerging technologies such as AIGC and Big Model in the fields of marketing and customer service will require large-scale data, and at the same time, more data will be generated. Driven by the policy, retail data needs to be confirmed, priced and traded, and the trend of data asset value has become clear. The digital department will undertake the growth of retail enterprise data assets, and its role will change from functional department to growth department.　

Guolian Co., Ltd. deeply reconstructs the industrial supply chain through digital empowerment (Yibang Power)　

The titanium industry chain starts from the original titanium-bearing ore, to the titanium middling, titanium concentrate and then to titanium tetrachloride. Guolian Co., Ltd. reconstructs the titanium industry supply chain by digitally empowering the cloud factory, and helps enterprises to improve their production capacity, save energy and increase income while realizing their high-speed growth, which makes the cloud factory devote more energy to technology research and development.　

According to the development of titanium industrial chain, Guolian shares extend upstream and downstream after a single product breakthrough. Because the price of rutile contained in stone ore and titanium middling ore is much higher than that of titanium concentrate, Guolian shares locked in Zhongxing Electronics when looking for rutile customers. Initially, the cooperation between Zhongxing Electronics and Guolian Co., Ltd. was only a commodity transaction, that is, Guolian Co., Ltd. provided raw materials for Hongxing Electronics. In the process of cooperation, as they gradually understand each other’s technology and advantages, the two sides decided to cooperate deeply to digitally empower Zhongxing Electronics, and Zhongxing Electronics became the first digital cloud factory of Guolian in the titanium industry chain.　

The mode of cooperation between the two parties is as follows: Guolian Co., Ltd. collects orders downstream and delivers them to Zhongxing Electronics, and Zhongxing Electronics formulates production plans in combination with its other customers’ needs, and then Tuduoduo Platform under Guolian Co., Ltd. provides raw materials as planned, and Zhongxing Electronics does not need to pay in advance for raw materials supply. The production cycle of the order is 6-8 hours. After shipment, it will be shipped directly by Tuduoduo, and the profit will be calculated every Monday, Wednesday and Friday. Guolian will pay the profit to Zhongxing Electronics first, and the two parties will settle the account in half a month, a month or even a quarter.　

In the early days, Zhongxing Electronics purchased raw materials in the form of decentralized procurement. The backlog of raw materials in the factory warehouse could not be realized quickly, which increased the cost invisibly. The price of raw materials fluctuated greatly, and the supply of raw materials was difficult to meet when the price increased. After in-depth cooperation in the supply chain, all the core raw materials of Zhongxing Electronics, rutile and calcined coke, were purchased through Tuduo, which not only obtained more favorable prices, but also reduced the backlog of raw materials; At the same time, the proportion of products sold by Zhongxing Electronics to Guolian shares is above 90%, and only two people need to dock with Guolian shares in terms of purchasing and selling, saving labor costs.　

After solving the problems of raw materials and cost, Zhongxing Electronics can put more energy into technology research and development. Zhongxing Electronics completed the technical innovation of chlorination method, and processed it with titanium raw materials containing 50% titanium, which was about 38% lower than the purity of the raw materials used before. Based on the final product titanium tetrachloride, the cost per ton was saved by about 2,000 yuan.　

With the increasing demand for energy consumption and environmental protection in recent years, Guolian helped Zhongxing Electronics to carry out digital transformation, which enabled the factory to monitor the energy consumption of various equipment in real time and control the cost and operation efficiency, so that Zhongxing Electronics received energy subsidies in 2022 and 2023, and the subsidy amount in 2022 exceeded 400,000 yuan.　

Through digital transformation, the capacity of cloud factories in the titanium industrial chain of Guolian Co., Ltd. has been improved. Mengda Titanium Industry upstream of Zhongxing Electronics produces high slag titanium, with an original production capacity of 4,000-5,000 tons and a full production capacity of 15,000 tons at present. Shengfeng Titanium Industry, which mainly produces sponge titanium in the downstream, originally had an annual production capacity of 4,000 tons, with an output value of about 280 million yuan. After the completion of the second phase plant, the annual production capacity will reach 18,000 tons, with an output value of about 1.2 billion yuan. All the furnaces in Shengfeng Titanium Industry use electronic equipment to obtain data, which reduces energy consumption and saves 100-150 kWh per ton of products.　

Up to now, Guolian has signed 65 cloud factories and 27 digital factories. Guolian Co., Ltd. focuses on the upstream chain construction from titanium ore, high slag titanium to titanium tetrachloride and then to sponge titanium, and has provided digital supply chain and digital factory solutions for more than 10 production enterprises, realizing the synergy between the factories in the supply chain.　

[Technology Frontier]

Gartner released five technologies that will profoundly change the digital future of enterprises (The Paper)　

Recently, Gartner, an authoritative analyst in the IT industry, released five technologies that will profoundly change the future digitalization of enterprises, including digital people, satellite communication, micro-environment Internet of Things, secure computing and autonomous robots.　

1. Satellite communication. Driven by the trend of democratization and commercialization in space, people’s interest in LEO satellite communication is increasing. Low time delay makes low earth orbit an important technology for enterprises to completely change the communication between people and things. Gartner predicts that low earth orbit will provide broadband with global coverage and low enough delay for various tasks; Small IOT devices can be directly connected to satellites, achieving economical global IOT coverage, without the complexity brought by SIM cards, telecom operators and roaming; And provide voice and data services from satellites to unmodified 4G smartphones, extending coverage to remote areas.　

2. Micro-environment Internet of Things. Micro-environment Internet of Things can mark, track and sense any object, and avoid the complexity and cost brought by battery-powered equipment. Compared with the past, it can perceive more information and things "quietly" at lower cost and in more ways. This technology will promote the realization of a new ecology; A new business model based on understanding the position or behavior of objects; Smarter products with new behaviors; And lower tracking and monitoring costs. Micro-environment Internet of Things will bring more opportunities to many enterprises, but Gartner suggests evaluating its potential social and regulatory problems before adopting it.　

3. Safety calculation. With the increasingly close relationship between things and the increasing personal information accessed by various ecosystems, secure computing becomes very important. This technology can make full use of data without affecting privacy.　

4. Digital people. Digital people are interactive carriers driven by artificial intelligence (AI), which can imitate some characteristics, personalities, knowledge and ways of thinking of human beings. Digital people can be divided into physical digital people (such as humanoid robots) and virtual digital people (such as virtual singers), or into human-driven digital people (such as imitating some aspects of human beings) and AI-driven digital people (such as digital twins or chat robots). AI-driven digital people don’t need to be human in all respects.　

5. Adaptive autonomous drones and robots. Autonomous systems are physical or software systems that can manage themselves. They have autonomy, learning and agency (personal sense of purpose) when performing tasks. If robots and other technologies are to give full play to their potential, autonomous learning and adaptive systems will be essential.　

Baidu released the first large model of quantum field (Yangguang. com)　

Recently, Baidu released the first large model of quantum field at the 2023 Quantum Industry Conference. Based on ERNIE Bot, this model is a large-scale model in quantum field, which is constructed by using high-quality data in quantum field for more targeted training and optimization. It can better understand quantum knowledge and perform quantum tasks professionally. The big model will give full play to technology synergies, learn from each other’s strengths in data, algorithm and computing power, and realize two-way empowerment. It will fully complement the technical capabilities of the existing big model in various dimensions such as training speed, model performance, training cost, interaction efficiency and data privacy. In addition, Baidu also released two AI native applications, Baidu Quantum Assistant and Quantum Writing Assistant, which continuously lowered the use threshold of Baidu quantum platform, helped enterprises to precipitate research results and intellectual property rights in the quantum field into enterprise assets, and accelerated the deep integration of quantum technology and large models.

　　　　 Apple will launch a curved screen phone in 2017.

　　It is reported that Apple will launch a new three-piece iPhone next year, one of which is a curved screen model similar to Samsung Galaxy S7 mobile phone. According to informed sources, this curved screen model has two styles: 4.7-inch and 5.5-inch. The 5.5-inch model has a dual camera system, while the 4.7-inch model has only one lens. People familiar with the matter did not explicitly mention OLED technology, but OLED technology is essential to realize curved screens. For example, Galaxy S7 Edge uses Super AMOLED panel. It is unclear whether the other two iPhone use OLED screens or continue to use traditional low-temperature polysilicon panels.

　　Microsoft acquired Genee, an artificial intelligence itinerary technology company.

　　On August 23, local time, Microsoft announced that it had signed an acquisition agreement with Genee, an artificial intelligence itinerary service startup. At present, the specific transaction amount was not disclosed. Microsoft will integrate its artificial intelligence technology into office 365. Genee’s service will be shut down on September 1st, and two founders, Ben Cheung and Charles Lee, will join Microsoft. It is reported that Genee, founded in 2014, is a conference scheduling service company based on artificial intelligence algorithm. Its service can effectively simplify the complicated links of meeting arrangements, especially for large-scale meeting arrangements. According to Crunchbase’s data, Genee had completed $1.4 million in financing before it was acquired.

　　Pokémon Go has been updated to increase the fighting skills of elves.

　　On August 22nd, local time, the official Facebook of Pokémon Go game posted that the Android version and the iOS version of the game had been updated on the same day. The article said: "Now players can learn attack and defense skills from the team leader and decide which pet has the strongest fighting power." That is to say, the same elves have different combat effectiveness due to different technical parameters. In addition, the game has increased the strategy, and players can arrange their troops to maximize the fighting capacity of their elf team. As a game that has just appeared for two months, Pokémon Go’s update behavior can better attract players. Niantic, the game developer, said that there will be more updates worth looking forward to after Pokémon Go.

　　Facebook tests the new function of automatic video playback, which can be played silently.

　　On August 23, local time, Facebook confirmed that the company is testing the automatic video playback application software for iOS and Android. When users check the rolling news, they can set the automatic video playback mode. When playing video, users can switch to silent mode or normal mode, and they can also choose to play the video silently, but play it with sound in a specific part. Although 80% of users reacted negatively to this setting and advertisers were not optimistic about this design, Facebook is still testing it. At present, this function is only promoted in Australia.

　　Android Pay launches NFC integration function to pay without scanning.

　　Electronic payment is becoming more and more common in our life, and Android Pay launched by Google is one of them. Now Google has also launched NFC integration function based on Android Pay. Walgreen chain store is the first merchant to support the integrated function of Android Pay NFC. Users don’t need to carry the store card with them, and they don’t need the cashier to scan and pay for their mobile phones. Just scan the mobile phone near the mobile payment terminal in the store and tap it twice to complete the payment. This payment process is much simpler than before, and Google said that it will continue to promote this payment function.

　　Best Buy’s share price soared 15% before the market, and its revenue exceeded analysts’ forecast.

　　It is reported that Best Buy’s share price rose by 15% before the market closed in the second quarter, and its financial results in the second quarter far exceeded analysts’ expectations. The financial report shows that the company’s net profit in the second fiscal quarter was 198 million US dollars, compared with 164 million US dollars in the same period last year; Operating income was $8.533 billion, better than the analyst’s expectation of $8.392 billion. The company’s market share in many products has increased. Hubert Joly, CEO of the company, said that the company’s online sales continued to be strong, with a growth rate of nearly 24% for the second consecutive quarter. The company expects the adjusted earnings per share in the third quarter to be 43-47 cents, and analysts expect 45 cents.

　　IBM Releases Flash Memory System for Small and Medium-sized Enterprises

　　On August 23, local time, IBM released a flash memory system suitable for small and medium-sized enterprises, hoping to compete with or replace competitors through flash memory. IBM’s new Storwize V7000F and Storwize 5030F are mid-range flash memory systems and entry-level flash memory systems respectively. Storwize V7000F has higher performance and can support more cluster management data. Both flash memory systems are equipped with Spectrum Virtualize, which can compress data and so on. Generally speaking, IBM hopes that the new flash memory system can support the workload from SQL Server to MySQL on the Internet of Things. It is reported that the price of the new flash memory system starts at $19,000.

　　Amazon plans to launch discount music streaming subscription service.

　　Amazon recently plans to launch a subscription service for music streaming media, which is expected to cost $4 to $5 per month, and only users of Amazon Echo speakers can enjoy this service. Prior to this, Amazon Prime already had a subscription service for music streaming media. Prime music can make users who subscribe for the whole year play songs of any singer, but the only drawback is that compared with competitors, the music catalog is slightly limited. And Echo music will improve this. Echo Music will provide advertising-free music with a wide range of directories, but it can only work on Echo speakers, and there is no way for web pages and mobile apps to play. This is a bold attempt now that mobile phones are gradually occupying the main stage in music streaming services.

　　Opera will provide free VPN for Android users.

　　Earlier this year, Opera brought free VPN service to IOS users. Now, the company also provides such free service to Android users, so as to provide users with a safe and pure network without advertisements. Opera VPN can help users to remove the geographical browsing restrictions of some websites for free. In addition, Opera VPN can not only block advertisements, but also allow users to change their virtual locations, prevent web pages from tracking users’ browsing content and protect users’ online privacy. It can also prevent the invasion of advertisements, but ironically, Opera has prevented the invasion of other advertisements, but it will still push advertisements to users.

　　Mobileye and Delphi will jointly launch a fully self-driving system in 2019.

　　Two top self-driving companies in the world will jointly launch a fully self-driving system in 2019. The two companies are Mobileye in Israel and Delphi, which is headquartered in Britain. It is reported that Mobileye has recently launched a chip supporting Tesla’s automatic driving system. Before, these two companies provided software and some self-driving systems to automobile manufacturers, but in the future, with the development of self-driving system technology independently developed by automobile manufacturers, they will face a more severe test from customers. For example, Ford announced last week that they would join hands with Israel’s SAIPS Company to make a completely self-driving system by 2021. Volvo also announced this week that they will cooperate with Uber to develop completely self-driving tools.

　　　　　　 China Youth Network compiled the original, please indicate the source of China Youth Network (www.youth.cn), otherwise legal responsibility will be investigated.

　　CCTV News:According to "Qingdao Health" WeChat official account, the Office of the Leading Group (Headquarters) of Qingdao Municipal Committee for Coordinating Epidemic Prevention and Control and Economic Operation issued a notice on October 13th. At present, the situation of epidemic prevention and control is still severe and complicated, with frequent personnel turnover and increased imported risks. In order to effectively do a good job in the work of "external defense input and internal defense rebound" in Qingdao, and better protect the health and safety of the general public, the frequency of nucleic acid detection in the normalized areas of Qingdao has been adjusted from October 15, 2022 to October 31, 2022, as decided by the municipal finger prevention research. The relevant matters are notified as follows:　

　　First, the frequency of nucleic acid detection in the normalized area of the city was adjusted to "one check every two days", which was carried out every single day, and the first detection was carried out on October 15th. Participants are all residents within the jurisdiction (including permanent residents and foreigners).　

　　Two, all kinds of key population detection frequency is lower than the "two-day inspection" should be carried out in accordance with the "two-day inspection", other key population in accordance with the original provisions and frequency to carry out nucleic acid testing.　

　　Three, during the implementation of the policy, all kinds of public places and public transport in the city must check the negative records of nucleic acid detection for 72 hours. If there is no negative record of nucleic acid detection for more than 72 hours, the "place code" nucleic acid detection sign will change from blue to yellow, that is, "bright yellow card".　

　　Four, who did not participate in nucleic acid testing as required to cause the spread of the epidemic or cause the risk of transmission, shall be investigated for legal responsibility according to the law.　

Since the reform and opening up, China’s economy has grown rapidly, and people’s living consumption level has greatly improved. With the change of development stage, people’s yearning for a better life is stronger, and the demand for upgrading the stock of consumer goods is constantly improving. Promoting the trade-in of consumer goods and releasing potential consumption is conducive to the formation of a higher level of dynamic balance between demand and supply, and supply creates demand. In March, 2024, the State Council issued the Action Plan for Promoting Large-scale Equipment Renewal and Trade-in of Consumer Goods, proposing the implementation of trade-in of consumer goods.

Consumption of durable goods has shifted from incremental expansion to stock optimization.

What trade-in actions did the consumer goods market experience in the past? What is the development situation and effect?

Chen Lifen (Researcher, Institute of Market Economy, the State Council Development Research Center):The nationwide trade-in policy for consumer goods is not the first time. In order to cope with the international financial crisis in 2008 and expand consumer demand, from 2009 to 2011, China implemented a vigorous trade-in policy for household appliances and automobiles.

In 2009, the Implementation Plan for Promoting the Expansion of Domestic Demand and Encouraging the Trade-in of Automobile and Household Appliances proposed that nine provinces and cities, including Beijing, Tianjin, Shanghai, Jiangsu, Zhejiang, Shandong, Guangdong, Fuzhou and Changsha, should be selected to carry out the trade-in of household appliances. Since June 1, 2010, the policy of replacing old household appliances with new ones has been gradually extended to the whole country in combination with the dismantling and handling capacity of old household appliances in various regions. From this round of trade-in policy, it is mainly to stimulate the elimination and renewal potential of durable consumer goods such as household appliances and automobiles through replacement subsidies, further expand domestic demand, especially consumer demand, promote energy conservation and emission reduction, develop circular economy, and stabilize and expand employment. On the one hand, the central finance and the pilot provincial and municipal finance work together to share the subsidy funds. In terms of household appliances, the central finance and provincial finance bear 80% and 20% respectively. For automobiles, subsidies will be given to those who scrap "yellow-label vehicles" in advance and buy new ones. Local authorities can adjust the subsidy standards according to the models, years and urban management of "yellow-label vehicles". On the other hand, establish an effective incentive mechanism to stimulate consumption potential and benefit enterprises and the people. Subsidies will be given to consumers who sell five types of old household appliances, such as televisions, refrigerators, washing machines, computers and air conditioners, and buy new ones. The subsidies for buying old ones will not exceed 10% of the sales price of household appliances, and the transportation expenses will be subsidized for the old ones that are within the scope of recycling subsidies and sent to dismantling and processing enterprises.

The trade-in policy has achieved good results, and the pilot provinces and cities have initially established an integrated network system for home appliance sales, recycling and dismantling, which has obvious economic, social and resource benefits.

The first is to effectively stimulate consumption. In the 21st century, the growth rate of per capita disposable income of residents has been accelerated, the consumption power has been significantly improved, and the consumption demand of durable goods has increased. The trade-in policy has played a good "catalytic" role in stimulating the consumption growth of durable goods. Automobile-related policies continued until the end of 2010, and about 460,000 vehicles were subsidized for car trade-in, which boosted the consumption of new cars by 49.6 billion yuan. The policies related to household appliances continued until the end of 2011, and 92.48 million new household appliances in five categories were sold, which boosted direct consumption by more than 342 billion yuan, effectively releasing the consumption potential of urban residents.

The second is to promote the production and marketing of durable consumer goods and promote industrial development. In terms of home appliances, in 2011, the trade-in sales of home appliances exceeded 110 billion yuan, accounting for about 1/5 of the total sales of home appliances that year. With the policy of home appliances going to the countryside, the number of home appliances in rural areas has greatly increased. In 2012, the number of refrigerators, air conditioners, washing machines and color TVs per 100 rural households increased by 41.2, 16.8, 21.3 and 22.5 respectively compared with 2007. In terms of automobiles, since China joined the World Trade Organization in 2001, the automobile industry has been steadily opening to the outside world, while private automobile enterprises have accelerated their development. In addition, residents’ income has increased substantially, and private automobile consumption has flourished. At present, some cars have reached the replacement period, there are more products to choose from in the market, and the demand for changing cars among residents has increased. In 2009, China’s automobile production and sales exceeded 10 million vehicles. According to statistics, in 2010, the number of subsidized cars was the highest, accounting for 46.4%.

The third is to promote energy conservation and emission reduction and develop circular economy. With the acceleration of industrialization and urbanization, it is urgent to change the extensive growth mode. In 2005, "Several Opinions of the State Council on Accelerating the Development of Circular Economy" was issued, proposing "to realize the unification of economic, environmental and social benefits and build a resource-saving and environment-friendly society". Thanks to the promotion of the trade-in policy, the energy efficiency of automobiles and household appliances has been significantly improved. The fuel consumption of old automobiles is 5% to 10% higher than that of new ones, and the power consumption of old household appliances is 20% to 30% higher than that of new ones.

The fourth is to stabilize and expand employment. Household appliances, automobiles and other durable consumer goods have a long industrial chain, and the trade-in policy not only promotes the development of retail industry, but also promotes the development of logistics, after-sales service, recycling and dismantling industries, which are labor-intensive industries and have strong ability to absorb employment. It is estimated that there are more than 400,000 employees who serve the trade-in of household appliances. This round of trade-in of consumer goods has effectively expanded the scale of employment.

In the new round of trade-in of consumer goods, the replacement of durable goods is still the focus of stimulating consumption potential, but different from the last round, the growth of residents’ durable goods consumption is mainly reflected in structural changes, driven by incremental expansion and more driven by stock optimization. By the end of 2023, the number of automobiles in China was 336 million, and the number of refrigerators, washing machines, air conditioners and other major categories of household appliances exceeded 3 billion. There is great demand and potential for upgrading automobiles and household appliances. It is worth noting that from the situation and effect of the last round of trade-in, there are still some problems in recycling and dismantling, such as the recycling enterprises can not obtain invoices for tax deduction, the coverage of dismantling enterprises is small, and some household appliances are recycled by small vendors and then flow into the second-hand market. At present, the recycling system of household appliances, automobiles and other durable goods in China is not perfect, there are few qualified recycling enterprises, many decentralized self-employed households and a lack of professional and technical personnel, and the proportion of waste household appliances recycled through formal channels is not high. Therefore, it is very important to build a closed loop of "replacement+recycling" and improve the recycling system. The new round of trade-in of consumer goods may bring about the centralized release of demand. It is suggested to benchmark the international advanced level, give play to the leading role of standards such as energy saving, low carbon, health and safety, promote the development of industrial upgrading and consumption upgrading in the same direction, guide the updated consumption and echelon consumption in an orderly manner, and release the consumption potential continuously and stably.

Grasp the key links and make precise efforts.

Why launch a new round of consumer goods trade-in? What is the market demand and development potential of consumer goods in China?

Wei Qijia (Director and Researcher, Industrial Economics Research Office, Economic Forecasting Department, National Information Center):Looking at the trade-in of consumer goods should not be limited to the consumer goods themselves, but should be understood from the perspective of economic cycle. Carrying out a new round of trade-in of consumer goods accurately and orderly is an important measure to expand effective demand and smooth the cycle of supply and demand. The implementation of this policy is conducive to the formation of a virtuous circle of mutual promotion of consumption and investment, and the realization of benefiting enterprises and the people.

It is timely to promote a new round of trade-in of consumer goods. After the smooth transition of epidemic prevention and control, consumption recovery needs a process, and it can get twice the result with half the effort to really boost consumption from the needs of thousands of households. The data shows that by the end of 2023, the number of cars in China reached 336 million, and the number of household appliances in major categories such as refrigerators, washing machines and air conditioners exceeded 3 billion. According to this volume estimate, the upgrading of automobiles and household appliances is expected to create a market space of one trillion yuan. In terms of related consumption potential and growth rate, in the first quarter of this year, the retail sales of consumer goods such as household appliances and audio-visual equipment were 205.3 billion yuan, up 5.8% year-on-year, the retail sales of sports and entertainment products were 30.7 billion yuan, up 14.2% year-on-year, and the retail sales of automobiles were 1,116.3 billion yuan, up 3.8% year-on-year. From the perspective of absolute quantity and growth rate, these consumer goods have a large market space. If the policy can play a better role, it will be able to release huge demand and play a more significant role in supporting and promoting economic growth. From a broader perspective, as the economy stabilizes and rebounds, the consumption growth potential will be further released. At present, accelerating the trade-in of consumer goods will help stimulate consumption potential. The data shows that the total retail sales of consumer goods in the first quarter of this year exceeded 12 trillion yuan, up 4.7% year-on-year, and there is still room for improvement. The recovery of consumption is a slow variable, but the trend of accelerating recovery is emerging.

The new round of trade-in of consumer goods focuses on the fields of automobiles, household appliances, home improvement, kitchen and bathroom, which is closely related to the development stage of China’s economy. The data shows that the urbanization rate of permanent residents is 66.2% in 2023, but the urbanization rate of registered population is less than 50%. The urbanization process is progressing steadily, and the consumer market still has great potential. At the present stage, consumers’ demand for automobiles, home appliances and home improvement kitchens and bathrooms has a large room for growth. Promoting trade-in in these areas can boost consumption and help improve the consumption environment. From the perspective of industrial development, on the one hand, it provides a driving force for the convergence of production and demand, keeping inventory and sales in a dynamic balance, on the other hand, it is conducive to broadening the sales channels of energy-saving products and further enhancing their market share. Recycling is an important focus of industrial green development. Trade-in of consumer goods will innovate and enrich application scenarios and promote high-quality economic development.

Promoting a new round of trade-in of consumer goods is a systematic project, which requires precise efforts in policy and a good grasp of the three key links of "standard clearance", "capital clearance" and "operation clearance".

"Standard Pass" emphasizes the leading role of highlighting standards. Reasonable standards can promote the healthy development of the industry and promote the improvement of product quality, while backward standards are not conducive to product upgrading. For consumer goods, standards are very important. Taking the automobile industry as an example, the mandatory scrapping standards for motor vehicles and the vehicle safety and environmental protection inspection standards are directly related to the cycle of automobile product upgrading, involving equipment safety issues, and need to form a long-term mechanism conducive to the implementation of standards. Taking home appliances as an example, energy consumption standards affect the product system construction of the whole industry. Only when the relevant standards are dynamically updated can the preferential policies related to the buyer play an effective role. In addition to "hard standards", "soft standards" are also indispensable. For example, the definition of recycling valuation needs a frame of reference, a reference object, and a clear calculation process and standards, so as to promote the smooth operation of all aspects of trade-in.

"Capital Pass" emphasizes the optimization of various financial support methods. Financial support is not "flood irrigation", it is not for the sake of support, and it must be accurate and effective. For the trade-in of consumer goods to be supported, it is necessary to comprehensively calculate the amount and proportion of financial support from various information resources and set a reasonable range. For example, the insurance premium rate of new energy vehicles and the down payment ratio of automobile consumption loans all have the problem of optimizing the ratio and effect. Setting a suitable ratio is conducive to the healthy development of the industry. At the same time, we should define the source of funds. Some need financial support, but it doesn’t mean that financial funds can do everything. It is suggested to guide producers to make a balanced calculation according to sales quantity, pricing and profit, and promote trade-in by flexibly adjusting prices.

"Operation Pass" emphasizes the cooperation of the whole chain, such as dismantling and recycling, construction of the main body of operation and after-sales service. From the perspective of policy promotion and implementation, the above link is the "last mile" and will promote the full release of policy dividends. The whole chain link involved in trade-in has a complete and relatively independent internal system, so how to achieve connectivity, penetration, specialization and standardization of the operating subject is very important. It is suggested that by cultivating specialized enterprises, the closed-loop circulation of second-hand goods can be realized, the integration of resources in the whole chain can be promoted, and the after-sales service level can be brought into the big network of trade-in, which will form a strong traction for the accurate and orderly development of trade-in business.

Multi-measures to stimulate consumption vitality and achieve remarkable results

What measures have been taken by various localities to support trade-in? What are the bottlenecks to form the scale effect of upgrading?

Yi Shaohua (Director and Researcher, national academy of economic strategy Market Circulation and Consumption Research Office):With the steady improvement of China’s economic development level and the increasing consumption power of residents, higher requirements are put forward for the quality of consumer goods, and the focus of consumption has changed from survival to development. In the field of physical commodity consumption, some consumer goods markets, represented by automobiles and household appliances, have entered the stage of paying equal attention to stock and increment from the incremental stage. By exchanging the old for the new, it can not only stimulate potential consumption, but also better meet the people’s needs for a better life and form a virtuous circle of mutual promotion of consumption and investment.

At present, the trade-in of consumer goods mainly includes durable consumer goods, bulk consumer goods, such as household appliances, electronic products, automobiles, etc., and joint promotion activities are carried out through government support and profit-making by enterprises. Encouraged by policies, various localities have stimulated consumption vitality and facilitated consumer groups in various ways, and achieved positive results.

Jiangbei New District, Nanjing City, Jiangsu Province, combined with Nanjing International Consumer Festival (Spring) activities, with the theme of "revitalizing the new season", distributed a total of 10 million yuan of automobile consumption subsidies. The Municipal Bureau of Commerce cooperated with two leading enterprises, Suning.cn and JD.COM, to carry out home appliance trade-in activities. JD.COM Wuxing Electric Co., Ltd., in conjunction with the head brand of household appliances, will increase subsidies for trade-in for air conditioners, color TVs, cooking stoves, digital mobile phones and other categories, with a maximum subsidy of 4,000 yuan for a single unit; Suning.cn provides free door-to-door, disassembly, handling and other services, making it more convenient for consumers to replace their home appliances.

The Department of Commerce of Guangxi Zhuang Autonomous Region arranged 16 million yuan to carry out the subsidy activity of replacing old household appliances with new ones. By means of government subsidies, business concessions and platform support, the channel of industry cooperation was opened through the renovation of second-hand houses and old residential quarters, and the home improvement business was catalyzed by home appliance resources, thus promoting the upgrading of home appliances. Take Liuzhou as an example, the city provides diversified supplies and services according to the differentiated needs of consumers, providing consumers with one-stop transformation services of personalized design, garbage removal and preferential replacement, which directly promotes the release of household appliances consumption demand.

Shenyang City, Liaoning Province, through the joint subsidy of home appliance sales enterprises and manufacturers, increased the intensity of trade-in. At the same time, it organized home appliance distribution enterprises to join community streets to carry out trade-in public welfare activities, and provided services such as free cleaning and free testing of home appliances for special people. Hainan Province subsidizes the scrapping and replacement of old cars and the purchase of green household appliances, organizes household appliance enterprises in the province to carry out trade-in activities, encourages tax-free enterprises to give preferential benefits, and forms a multi-party linkage promotion trend. In terms of home improvement and kitchen renovation, Hunan Province has carried out activities such as home rejuvenation season, home improvement consumption festival and home consumption festival, and built 100 green, intelligent and aging-suitable model rooms in the province, taking the model rooms as a demonstration to lead the home improvement and renovation activities, so that consumers can feel the charm of smart life on the spot.

Of course, there are still some bottlenecks that need to be broken.

First, the innovation of financial instruments is insufficient, and the profit margin of enterprises is limited. Trade-in of consumer goods involves a wide range, showing the characteristics of long cycle and large span. It is difficult to achieve it by the enterprise itself. It needs to be supported by fiscal and taxation policies and financial instrument innovation to ease the financial pressure of enterprises and release policy dividends. At present, some financial institutions have made useful explorations in this regard. For example, Fujian Branch of China Construction Bank launched the "five new" measures to update financial support equipment and trade-in consumer goods from the aspects of support equipment, product innovation, consumption scenarios, preferential activities and policy guidance, which effectively improved the quality and efficiency of financial services, helped expand domestic demand and promoted consumption.

Second, it is necessary to find the right entry point to stimulate consumers to change their motivation. Although residents have a demand for upgrading consumer goods, there are many influencing factors. Durable consumer goods such as household appliances are large-sized goods, and the price of a single product is high. Most consumers rarely change their products when they can use them. Even if there are some price concessions, most people are difficult to put them into action. At present, the recycling price of old household appliances, old furniture and other items is low, which is far from consumers’ psychological expectations, and has also become one of the factors affecting trade-in. It is still a challenge to push consumers to turn potential demand into real demand and make them willing to change and actively change.

Third, the recycling system of used household appliances needs to be improved. In the process of releasing the demand for the replacement of household appliances, the recycling of waste household appliances is facing difficulties. Some household appliances and furniture manufacturers give up recycling related products because of the high recycling cost. At the same time, factors such as the lack of storage space for waste goods and the difficulty of recycling vehicles entering the city have also restricted the expansion of the market scale of household appliances and furniture. It is suggested to build a regional transfer station for waste household appliances in a suitable place, collect waste household appliances and furniture at home through platforms, merchants and third-party resources, and transport them to the dismantling site. At the same time, home appliance manufacturers are encouraged to build a recycling system of "recycling-dismantling-regeneration-remanufacturing" to achieve green and low-carbon development.

Let the recycling of old goods be efficient and smooth

How to realize efficient recycling of old goods with new ones?

Peng Bo (researcher, Institute of International Trade and Economic Cooperation, Ministry of Commerce):In March 2024, the State Council issued the Action Plan for Promoting Large-scale Equipment Renewal and Trade-in of Consumer Goods (hereinafter referred to as the Action Plan). According to the Action Plan, the replaced consumer goods can be recycled efficiently through the circulation of second-hand goods, remanufacturing, step-by-step utilization and recycling.

The Action Plan proposes to support the circulation of second-hand commodities. The complete automobile market includes new car and used car market, and the trading volume of used cars in major developed countries exceeds that of new cars. By the end of 2023, China’s car ownership reached 336 million, with 34.8 million newly registered motor vehicles, and the cumulative transaction volume of used cars nationwide was 18.4133 million, up 14.88% year-on-year. In terms of export, the export volume of used cars in China exceeded 100,000 vehicles in 2023, accounting for only 2% of the total export scale of 4.91 million vehicles. Most of them are parallel export vehicles, and the used car market has broad development potential.

The market potential of second-hand electronic products is huge. Apple once launched the iPhone trade-in business in the United States. Consumers can exchange old iPhones for certain points in the Apple Store and offset them when buying a new generation of mobile phones. In recent years, China’s mobile phone and home appliance market is developing with each passing day, product updating iteration is fast, and consumer demand is growing rapidly. The data shows that in 2023, China’s total mobile phone shipments totaled 289 million units, and the idle amount of used mobile phones increased year by year. It is estimated that the total idle amount will reach 6 billion units during the 14 th Five-Year Plan period. Trade-in will accelerate the update iteration of mobile phone production, and the electronic product industry will usher in greater development space.

Second-hand furniture transactions continue to develop. According to the survey data of Beijing Municipal Bureau of Statistics, among more than 3,000 citizens who participated in the survey, 11.1% of the respondents abandoned large furniture in 2023, and 46.5% of them chose to sell waste products. Furniture with good color and brand will usually be sent to the second-hand market for resale, among which solid wood and second-hand furniture with certain collection value are relatively popular.

The Action Plan proposes to promote remanufacturing and step-by-step utilization in an orderly manner. This requirement also applies to consumer goods. The earliest "remanufacturing" appeared in the 1930s. In 2010, the National Development and Reform Commission and other departments jointly issued "Opinions on Promoting the Development of Remanufacturing Industry", which proposed that remanufacturing can save energy by 60%, materials by 70% and costs by 50% compared with manufacturing new products, and almost no solid waste is produced, and the emission of air pollutants is reduced by more than 80%. At present, the market size of the global remanufacturing industry has exceeded 150 billion US dollars. The annual output value of China’s remanufacturing industry has exceeded 100 billion yuan, making it one of the largest remanufacturing markets in the world.

The price of engine remanufactured products of Jinan Fuqiang Power Co., Ltd. is only 75% of the original price of new products. If the old engine is exchanged for remanufactured products, it can also offset 25% of the price. BYD is committed to the production of new energy vehicles, and attaches great importance to the remanufacturing and cascade utilization of automotive power batteries. When the available capacity of the power battery is 60% to 80%, which can not meet the use requirements, the waste power battery will be recycled for testing and maintenance, and then sent to the power and communication fields for building energy storage power stations after reorganization; When the available capacity of the power battery is further attenuated to 20% to 60%, it can be recycled and disassembled into single batteries for solar street lamps, UPS power supplies and other small energy storage tools. When the usable capacity decays to less than 20%, it will be scrapped, from which useful chemical components and metal elements will be extracted and recovered for the production of new power batteries. Gemei is one of the leading enterprises to recycle electronic wastes and used batteries economically and on a large scale, and has built a life cycle value chain from recycling, remanufacturing to step-by-step utilization to ensure the efficient recycling of used power batteries.

The Action Plan proposes to promote high-level recycling of resources. Improving the ability and level of resource recycling can significantly reduce the demand for primary resources and reduce the pressure of mineral resources exploitation on the natural environment.

According to the statistics of China Renewable Resources Recycling Association, in 2023, the amount of scrapped cars increased by 7.56 million, up by 32%, the amount of recycled furniture exceeded 200 million, the total amount of recycled household appliances reached 4.5 million tons, and the amount of discarded mobile phones could reach more than 400 million every year. It is estimated that after a scrapped small car is finely disassembled, it can decompose about 36 kilograms of rubber, 70 kilograms of plastic, 740 kilograms of scrap iron and 100 kilograms of aluminum; An ordinary refrigerator can recover 9 kilograms of plastic, 38.6 kilograms of iron and 1.4 kilograms of copper; One ton of used mobile phones can extract 400 grams of gold and 2300 grams of silver.

Miluo City, Hunan Province has gathered more than 100 enterprises specializing in the treatment of used household appliances, forming a relatively complete industrial chain, and nearly 10,000 tons of usable substances are obtained after recycling and dismantling used household appliances every day. Among them, recycled metals are sold to auto parts manufacturers in this city for reproduction, which is environmentally friendly and reduces production costs. Haier Group practices the concept of sustainable development, supports the green and sustainable development of the whole industrial chain, and builds the industry’s first home appliance recycling interconnected factory integrating "recycling-dismantling-recycling-reuse", covering three systems of recycling, dismantling and recycling, and has customized six dismantling lines for used household appliances, one cleaning and sorting line for recycled plastics and 13 high-quality recycling new material granulation lines. At present, the factory has an annual dismantling capacity of 2 million sets of waste household appliances and a recycling capacity of 30,000 tons of recycled materials.

Sponsor: General Office of Fuzhou Municipal People’s GovernmentUndertaking: Fuzhou Data Management Bureau

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　　Although officials and scientists have voiced their voices and made it clear that the idea of linking the new coronavirus with 5G is "complete nonsense", it does not seem to prevent rumors from continuing to be sought after.

　　The latest news is that after Britain, there have also been incidents in the Netherlands where 5G signal towers were set on fire and vandalized. Some people even planned to hold a larger-scale protest against 5G on Easter on April 12th through social media.

　　Some British mobile operators said that under the influence of conspiracy theories, some telecom employees have been threatened.

　　one

　　On April 10th, local time, the signal tower in the northern Dutch city of Groningen was set on fire.

　　According to Dutch media reports, at least six signal towers were set on fire and destroyed. In the past week, there have been four similar incidents in the Netherlands.

　　In Europe, similar incidents appeared in Britain earlier.

　　On April 2, local time, a 21-meter-high mobile signal tower in Birmingham, England was set on fire, and firefighters put out the fire after two hours. The next day, a 5G signal tower in Merseyside was also set on fire … …

　　The Guardian reported that at least 20 cell phone base towers were deliberately set on fire or vandalized.

　　In this regard, the British Broadcasting Corporation (BBC) said that two consecutive incidents of burning mobile signal towers coincided with the widespread spread of the "unfounded" conspiracy theory that "5G caused the spread of Covid-19".

　　The British "Daily Mail" bluntly said that these incidents were related to the rumor that "5G network spread Covid-19".

　　In fact, there are not a few people who believe and spread the rumor that "5G leads to Covid-19" on social networks in Europe and America, and even many celebrities participate in it.

　　In response to various rumors since the outbreak, a research institute of Oxford University found that 20% of Covid-19 rumors were spread by celebrities or politicians, and their content published on social media accounted for nearly 70% of the total content published.

　　As you can imagine, once the star politicians with hundreds of millions of fans spread rumors, their "influence" is equally huge.

　　two

　　Tracing back to the origin of this absurd statement, it may first come from a health summit held in Arizona on March 12th, USA, in which a doctor named Thomas Cowen claimed that 5G caused the spread of Covid-19.

　　He even argued that there was no outbreak in Africa because there was no 5G there.

　　This rumor has been widely circulated in the United States, forwarded by many celebrities and spread to more western countries.

　　With the increase of confirmed cases in Africa, this statement was quickly "slapped". However, the spread of this conspiracy theory by foreign social media has not stopped, and many statements have been deduced … …

　　Rumors are flying all over the sky, which also makes some people smell business opportunities.

　　A British company claims that it has developed a product that can prevent 5G radiation and protect users from Covid-19. Each product costs as much as 350 pounds.

　　In this regard, the four major telecom operators in the UK issued a joint statement refuting the relevant statements, arguing that the conspiracy theory linking the 5G signal base station with the spread of Covid-19 is dangerous and false information, which is totally wrong.

　　The BBC’s "fact check" column also interviewed a number of scientists, clearly indicating that the idea of linking the new coronavirus with 5G is "complete nonsense", without any basis and biologically impossible.

　　British officials later came forward and pointed out that this "conspiracy theory" is completely nonsense.

　　three

　　In fact, anti-5G organizations have always existed abroad, but why is this reaction so fierce?

　　In this regard, some media articles pointed out that on the one hand, the COVID-19 epidemic spread, and related topics naturally attracted high attention; On the other hand, rumors can spread quickly, which also reflects the social panic behind them.

　　Christian Lindemeyer, a spokesman for the World Health Organization, once said that people should treat Covid-19 rationally and not panic.

　　But it is easier said than done. In reality, many people hold the attitude of "believing what is there, not believing what is not" to some rumors, and intentionally or unintentionally become the disseminators of rumors.

　　As this newspaper has reported before, every time a disaster or major public health incident breaks out, there will be irrational behaviors caused by various rumors:

　　Net-transmitted granite can prevent Covid-19 from being infected, causing netizens to rush to buy it; Others believe that drinking alcohol can prevent the virus … …

　　Fortunately, many social media have recognized the harm caused by the spread of related rumors and taken action.

　　Facebook said it would delete those remarks that "may cause harm to the real world" and would check the authenticity of other related remarks.

　　YouTube, a video website, also said that videos linking 5G and COVID-19 would be removed because they "quoted unconfirmed medical content".

　　Disaster can test human nature best. What is more terrible than the spread of the virus is the layers of fermentation of false information and the rapid spread of panic.

　　As WHO Director-General Tedros Adhanom Ghebreyesus said, in the global fight against the COVID-19 epidemic, "facts are needed, not fears", "science is needed, not rumors" and "unity is needed, not stigma".

　　Obviously, the campaign against false information and rumors is equally important in the global fight against the COVID-19 epidemic.

　　Cctv newsOn July 9th, the State Council and the Treasury Department of the United States announced that they would impose sanctions on a Xinjiang, China government agency and four officials according to the domestic laws of the United States. In response, Zhao Lijian, spokesman of China’s Ministry of Foreign Affairs, expressed firm opposition and strong condemnation at today’s (10th) press conference, and announced that reciprocal measures would be taken against relevant American institutions and individuals who behaved badly on Xinjiang-related issues.

　　Foreign Ministry Spokesperson Zhao LijianThe above-mentioned actions of the US side seriously interfere in China’s internal affairs, seriously violate the basic norms of international relations and seriously damage Sino-US relations. China resolutely opposes this and strongly condemns it. In response to the wrong actions of the United States, China decided to take reciprocal measures against relevant American institutions and individuals who behaved badly on Xinjiang-related issues. Xinjiang affairs are purely China’s internal affairs, and the US has no power and is not qualified to interfere.

　　Zhao Lijian emphasized that the China government is determined to defend the interests of national sovereignty, security and development, to crack down on violent, separatist and religious extremist forces, and to oppose any external interference in Xinjiang affairs and China’s internal affairs.

　　Foreign Ministry Spokesperson Zhao LijianWe urge the US to immediately revoke the wrong decision and stop any words and deeds that interfere in China’s internal affairs and harm China’s interests. If the US persists in its actions, China will resolutely fight back.

The article was transferred from WeChat WeChat official account’s "Semiconductor Industry Watch" (ID: ICBank)

First, let’s take a look.Classification of chips:

Pictures fromWechat WeChat official account "semiconductor industry observation"

In daily life, we can find the types of chips, such as communication chips, artificial intelligence chips, LED chips, computer chips and so on.

Industrial chain of chipsHere’s the thing:

According to the industrial chain division, the core link of the chip from design to factory mainly includes six parts:

(1) Design softwareChip design software is a key tool for chip companies to design chip structures. At present, the structural design of chips mainly depends on EDA (Electronic Design Automation) software.

(2) instruction set systemFrom a technical point of view, the CPU is only a high collection of millions of small switches, without an efficient instruction set system, the chip can not run the operating system and software;

(3) Chip design, mainly connected to the interface of electronic products and services;

(4) Manufacturing equipment, that is, the equipment for producing chips;

(5) Round crystal OEMThe wafer foundry is the production workshop of chips from drawings to products, which determines the performance indexes such as nano-technology adopted by chips;

(6) Packaging test, which is the last link before the chip is sold, is mainly aimed at ensuring the quality of the product and has relatively low technical requirements.

Overall, inIn most industries such as instruction set and design, the status of China chip industry is very weak.There is a big gap between China and European and American chip industry enterprises. However, in the sectors with relatively low technical requirements, such as wafer foundry, packaging and testing, is expected to take the lead in rising and become a field that is expected to catch up with the world average.

Domestic chip industry chain and main manufacturers;

Image from: Southwest Securities Research Report

What are the leading players in each subdivision of the chip??

The leading memory chip design in China is Zhaoyi innovation;

The domestic GPU leader is Jing Jiawei;

Yangjie technology is the leader of semiconductor discrete devices in China;

SMIC is the leader of wafer foundry in mainland China;

Sanan Optoelectronics is the global leader in LED chips;

Silanwei is a domestic IDM quality enterprise;

North Huachuang is the leader of domestic semiconductor equipment;

Zhichun Technology is the only A-share high-purity process system integration supplier;

Jingrui Co., Ltd. is a leading enterprise in microelectronics chemicals in China;

Zhongke Shuguang is a leading enterprise in high performance computing in China;

Ziguang Guoxin is a listed company in the semiconductor industry under Ziguang Group, and is currently the leading supplier of integrated circuit chip design and system integration solutions in China.

Beijing Jun is the leading enterprise of embedded processor chips;

Zhongying electronics is a domestic high-quality IC design company;

Huiding Technology is a global leader in biometric chips;

Changdian technology is a domestic semiconductor packaging and testing leader;

In addition to the above leading sub-sectors worthy of further study, we can also pay attention to the investment targets of the National Integrated Circuit Industry Fund (referred to as the "Big Fund") in recent years. Please add WeChat WeChat official account: robotinfo Ma Yun is paying attention.

Everbright Securities summarized the investment targets of "big funds". As of January 19, 2018, big funds have become shareholders of more than 50 companies, involving 18 A-share companies and 3 Hong Kong stock companies. At present, the stock market value of big funds exceeds 20 billion yuan.

Here are some good A-share chip companies.

Zhaoyi innovation: domestic storage faucet

As a domestic storage leader, Zhaoyi Innovation ranks among the top three in the global Nor flash market, and with the withdrawal of Japanese and American companies, its market share continues to increase; The storage price keeps rising, and the company’s profitability is bright.

The company builds IDM storage industry chain. In October 2017, the company and Hefei Industrial Investment Holdings (Group) Co., Ltd. signed a cooperation agreement on memory research and development, and jointly carried out the research and development project of 12-inch wafer memory (including DRAM, etc.) with a process of 19nm memory, namely Hefei Changxin. At present, the research and development is progressing smoothly.

Jiangfeng Electronics: Domestic Target Tap

Ultra-high purity metal and sputtering target are one of the key materials in the production of VLSI. The company’s ultra-high purity metal sputtering target products have been applied to the cutting-edge manufacturing technology of world-renowned semiconductor manufacturers, achieving mass supply at the 16-nanometer technology node, successfully breaking the monopoly pattern of multinational companies in the United States and Japan, and also meeting the mass production demand of domestic manufacturers at the 28-nanometer technology node, filling the gap in China’s electronic materials industry.

The company cooperated with Garber in the CMP project in the United States, and won the first order for domestic CMP polishing pads in November 2017.

North Huachuang: the leader of domestic equipment

As the equipment leader, North Huachuang has benefited deeply from the current wave of wafer factory expansion. The company’s business covers integrated circuits, LEDs, photovoltaics and other fields, and many equipments have entered the 14-nanometer process.

The company’s product line covers seven core categories such as etcher, PVD, CVD, oxidation furnace, cleaning machine, diffusion furnace and MFC, and its downstream customers are mainly domestic first-tier fabs such as SMIC, Changjiang Storage and Huali Microelectronics.

Ziguang Guoxin: storage design+FPGA

The company is a leading memory chip design company in China. The layout of the company includes the acquisition of 51% equity of Xi ‘an Huaxin held by Shandong Huaxin, and the total shareholding has increased to 76%, achieving the goal of becoming the first echelon of domestic memory design. At present, the company’s newly developed DDR4 products are being verified and optimized. Recently, the company started to make efforts on FPGA.

Gaode infrared: infrared chip faucet

As the only manufacturer in China who has mastered the second-class superlattice focal plane detector technology, Gaode Infrared has successfully developed engineering products, which means that new breakthroughs have been achieved in blank areas such as photoelectric "anti-missile" and "anti-satellite". At the same time, the popularization and application of mass and low-cost core devices in the civil field has also established the competitive position of infrared chips made in China in the domestic and even international infrared industry.

SSE Information learned that in 2017, the company’s military orders were partially postponed due to the military reform, and the latest news is that the postponed orders will be resumed without affecting the new procurement plan for 2018.

Huatai Securities believes that vertical division of labor has become the development direction of the business model of the semiconductor industry. It is mainly composed of the following three parts: design, manufacture and sealing test. Revenue accounts for about 27%, 51% and 22% of the total sales revenue of the industrial chain respectively.

Chip design company

The top ten in China are Huawei Hisilicon, thunis Zhanrui, ZTE Microelectronics, Huada Semiconductor, Zhixin Microelectronics, Huiding Technology, Silanwei, Datang Semiconductor, Duntai Technology and Zhongxing Microelectronics.

Important companies:

First place: Haisi

There are a lot of HiSilicon processors and HiSilicon baseband chips in the Huawei mobile phones you use, and HiSilicon chips are also available in the smart TV and security system you bought. HiSilicon will be the largest chip design company in China for a long time, and will rise with the growth of Huawei Group in the future. Qualcomm, the world’s number one, earned $15.4 billion in 2016, 3.5 times that of Haisi.

Second place: Ziguang Zhanrui

Spreadtrum, founded after the merger of Rideco, is currently the largest supplier of Samsung mobile phone processors and baseband chips except its own products. The Samsung mobile phones you bought are mainly low-end series, and the chips inside are Ziguang Zhanrui.

Third place: ZTE Microelectronics

Mainly some chips used in our own communication equipment, and mobile phone chips are still purchased.

Fourth place: Huada Semiconductor

China Electronics and Information Industry Group Co., Ltd. (CEC) is a group company formed by integrating its integrated circuit enterprises. It has a large share in smart cards and security chips, smart card applications, analog circuits, new displays and other fields. At present, Huada Semiconductor has three listed companies, including A-share Shanghai Belling and Hong Kong stock company CLP Holdings and Jingmen Technology.

Fifth place: Zhixin Microelectronics

It is a wholly-owned subsidiary of State Grid Information Industry Group, covering three business directions: chip sensing, communication control and energy saving, and is committed to becoming a provider of high-end products, technologies, services and overall solutions with smart chips as the core.

Sixth place: Huiding Technology

Is a listed company, the company has achieved the second place in the field of fingerprint identification chips in the world, second only to AuthenTec, which provides fingerprint identification chips for Apple.

Seventh place: Silan Microelectronics

LED lighting driving IC is one of its main business income, and it also provides variable frequency motor control chips for home appliance enterprises.

Eighth place: Datang Semiconductor

Industrial layout with smart terminal chips, smart security chips and automotive electronic chips as the core.

Ninth place: Duntai Technology

Founded in the United States in 2005, it is committed to the research and development of man-machine interface solutions, providing the most competitive capacitive screen touch chip, TFT LCD display driver chip, touch display integrated single chip (IDC supporting embedded panel), fingerprint identification chip and pressure touch chip for mobile electronic devices.

Tenth place: Zhongxing Microelectronics

Occupy more than 60% of the global market share of computer image input chips. In 2005, Zhongxing Microelectronics was successfully listed on the NASDAQ stock market in the United States. At the beginning of 2016, Zhongxing Microelectronics launched the world’s first SVAC video codec SoC with integrated neural network processor (NPU), which enabled intelligent analysis results to be encoded with video data at the same time to form a structured video stream. This technology is widely used in video surveillance cameras, which opens a new era of intelligent security monitoring.

The key listed companies are: Ziguang Guoxin, Zhaoyi Innovation (Memory), Huiding Technology, Shilanwei (IDM), Datang Telecom, Quanzhi Technology, Zhongying Electronics (household appliances MCU, lithium battery, etc.), Beijing Junzheng, Apex, Fuhanwei, etc.

Chip manufacturing field

Similar to the panel industry, the manufacturing of semiconductor industry is an asset and technology-intensive industry, with large equipment demand, high technology content and high added value. The investment of a single factory is in the order of tens of billions. According to the data, a state-of-the-art 12-inch wafer production line needs to invest about 45 billion yuan, and TSMC’s 3-nanometer factory investment is expected to be 20 billion US dollars. Key listed companies are: SMIC, Hua Hong Semiconductor, etc.

Memory chip field

At present, the three major memory manufacturers in China are in the intensive construction stage. It is expected that they will enter the equipment installation stage in the first half of 2018, and a new round of equipment commissioning and installation drama will be staged soon.

Yangtze river storage:In March 2016, the national memory base with a total investment of about 160 billion yuan was launched in Wuhan. Four months later, Changjiang Storage Group was formally established, and Ziguang Group participated in the second phase of Changjiang Storage. According to Wuhan Xinxin, the registered capital of Changjiang Storage is invested in two phases. The first phase was jointly funded by the National IC Industry Investment Fund, Hubei Guoxin Industry Investment Fund and Hubei Science and Technology Investment Group, the shareholder of Wuhan Xinxin, and the Yangtze River Storage was established on the basis of Wuhan Xinxin IC Manufacturing Co., Ltd. (namely "Wuhan Xinxin"). The second phase will be jointly funded by Ziguang Group and the National Integrated Circuit Industry Investment Fund. Changjiang Storage will take chip manufacturing as a breakthrough, integrating memory product design, technology research and development, wafer production and testing, and sales. It is estimated that the monthly production capacity will be 300,000 pieces by 2020, and the monthly production capacity will be 1 million pieces by 2030.

Jinhua memory integrated circuit production project is located in the integrated circuit industrial park in Jinjiang, Quanzhou. It is jointly invested by Fujian Electronic Information Group and Quanzhou and Jinjiang governments. The total planned area is 594 mu, and the first phase investment is 37 billion yuan. The construction content includes wafer manufacturing and industrial chain support. It is estimated that the production scale of 60,000 12-inch advanced process memory wafers will be formed in September 2018. After the project is completed, it will fill the gap in the mainstream memory field in China. It is reported that as a key DRAM memory production project supported by the state, Jinhua Project has been included in the list of major projects in the national "Thirteenth Five-Year Plan" for major integrated circuit productivity layout planning, and has been supported by the national special construction fund.

Hefei changxinIs a memory project jointly developed by Beijing GigaDevice and Hefei Municipal Government. Invested 7.2 billion US dollars (about NT$ 216.646 billion) to build a 12-inch wafer factory to develop DRAM products. After completion in the future, it is estimated that the maximum monthly production will be as high as 125,000 chips.

Sealing and testing field

Key listed companies include: Changdian Technology (leading company), Huatian Technology (excellent financial indicators), Tongfu Microelectronics, Taiji Industry (DRAM sealing and testing, clean room), Shenzhen Technology, etc.

Integrated circuit equipment

There are only four wafer manufacturing equipment suppliers above designated size in China, accounting for 7%: according to the report of global wafer manufacturing equipment suppliers above designated size released by Gartner, there are 58 equipment companies in its statistical range, and China only holds 4 seats, namely North Huachuang, Zhongwei Semiconductor, Shengmei Semiconductor and Mattson (acquired by Yizhuang Guotou in 2016), and the others are located in Japan, 13 in the European Union, 10 in the United States, 7 in South Korea.

The key listed companies are: North Huachuang, a leader in high-end IC process equipment, Changchuan Technology, a leader in testing equipment (covering the whole field of manufacturing and packaging), and high-purity process leader to pure technology (lithography, etching, etc.), all of which use chemicals and special gases and have high requirements on purity. Pure technology is to control the purity of gas) and single crystal equipment leader Jingsheng electromechanical, etc.

semiconductor material

China’s semiconductor manufacturing materials industry maintained a sustained growth trend. In 2016, the sales revenue of semiconductor materials enterprises in China was 25.6 billion yuan. It is estimated that China will become the third largest market in the world after 2018. The localization of material supply chain is not only conducive to the control of manufacturing cost, rapid and timely response of service, safe and controllable technology, but also brings more industrial synergy benefits.

The key listed companies are: with the continuous breakthrough of reagent purification and transportation technology, the amount of wet electronic chemicals is relatively certain in a short period of time, and it is suggested to focus on domestic leading Jingrui Co., Ltd. and Jianghuawei; At present, the target material is the first sub-industry of semiconductor core industry chain in China, so it is suggested to focus on Jiangfeng Electronics, the domestic target leader. Large-size silicon wafer is also a relatively certain field in the future. It is suggested to pay attention to Shanghai Xinyang, a pioneer company that is already in the trial production certification stage. In addition, Nanda Optoelectronics in the field of photoresist and Dinglong shares in the field of CMP polishing pad are expected to take the lead in technological breakthroughs and realize import substitution at an early date.