Zongxiang floats with the wind, and Duanyang remembers the new vitality of the times when Qu Yuan’s main station "The Dragon Boat Festival is the most memorable" tastes traditional culture.
"The road is long and Xiu Yuan is awkward, and I will search up and down." It’s midsummer, and it’s 20 to the Dragon Boat Festival. The special program "The Dragon Boat Festival is the most memorable" by the Central Radio and Television General Station looks back on Qu Yuan’s life story and spiritual connotation in the special form of a "collection of poems". The program will be broadcast on CCTV-3 Variety Channel at 19:30 on June 3rd.

Central research institute of culture and history, deputy director of the original painting of the Dragon Boat Festival poster Qu Yuan and Chu Ci, and Feng Yuan, honorary chairman of China Artists Association.
The Dragon Boat Festival is the most memorable one, which is divided into four chapters based on Qu Yuan’s poems, and interprets Qu Yuan’s noble character and feelings of home and country from multiple perspectives. Wang Ban, Zhao Zhengtian and Yang Hongxu performed Ode to an Orange in the classic drama Qu Yuan, depicting Qu Yuan’s enterprising and unyielding ideal and personality. In the chapter of Strict Self-cultivation, Wang Gang and Feng Yuan, the painter, reproduce the significance of Chu Ci and the grandeur of Li Sao. In the chapter "Dare to Explore", when Guo Lejia recites Qu Yuan’s famous poem "Seeking Up and Down", Jing Mei’s classical music shows the spirit of courage to explore and perseverance; In the chapter "Feelings of Home and Country", 10 hosts of the reception desk jointly recited "Qu Yuan’s Ode", which brought the audience to feel the spiritual quality that still stirred people’s hearts for thousands of years. Every chapter is a reappearance of artistic conception. The multi-form stage shows the essence of nostalgia for the Dragon Boat Festival, understands the culture that spans thousands of years, and feels the customs that have been passed down for thousands of years.




In the special program, songs such as "Nine Songs in the Cloud", "Fisherman’s Pride Remembering the Dragon Boat Festival" and "Jade Dumplings Attacking Incense" sang the long poetic rhyme of the Dragon Boat Festival, and Mu Feng sang songs and sang the feelings of home and country in the symphony of "Poetry, Music and Dance"; Piano and pipa ensemble, pop and opera resonate, and popular music such as "It’s windy" and "Once in a thousand years" presents a unique audio-visual experience for the audience; Looking back at the long context and the feelings of home and country, programs such as "Searching Up and Down" and "Huaxia" deduce the inheritance and promotion of "traditional culture".


The innovative interpretation of the Dragon Boat Festival is also reflected in the integration and application of "culture+technology". The program creates a brand-new "music world" through XR stage effect, grafting fresh and fashionable youthful expression for traditional festival content, making the story more tense, allowing the audience to enjoy the stage light and shadow while pursuing the fragrance of the leaves in memory. The program also personifies five iconic objects of the Dragon Boat Festival, presents a picture book of the Dragon Boat Festival, and makes traditional culture more energetic and vital in the new era through the creative derivative program "The most in is the Dragon Boat Festival".


The leaves of zongzi are wrapped in good luck, and the festive season is sunny. The sound is dissolute and fragrant, which is the most unspeakable patriotic feelings of Chinese children. At 19:30 on June 3, the CCTV-3 variety channel "The Dragon Boat Festival is the most memorable" will be broadcast soon. This Dragon Boat Festival, let us feel the beauty of words in the "poetry collection", recall the fragrance of zongye in singing, and realize the sages’ philosophies in cultural inheritance.
What are the main channels for obtaining local statistical data?
According to the relevant regulations, local statistical data are generally released by local statistical agencies, and the National Bureau of Statistics also provides access to some local statistical data for the convenience of users.
First, the main channels to obtain from local statistical agencies
The official website of local statistical agencies is the main channel to obtain local statistical data. The websites of provincial statistical bureaus publish the main indicators of the province.
The statistical yearbook edited and published by local statistical agencies is another important channel to obtain local statistical data. Statistical institutions of provincial and prefecture-level cities (regions, autonomous prefectures and leagues) publish local statistical yearbooks and release major annual data.
In addition, provincial statistical agencies also release major local statistical data by holding quarterly or annual press conferences; Provincial statistical agencies and statistical agencies of some prefecture-level cities (regions, autonomous prefectures and leagues) have opened platforms such as Weibo WeChat or client to publish statistical data; Some areas have developed statistical databases to publish or provide local progress or annual statistical data; Some local statistical agencies have published consultation telephone numbers through official websites to accept public data consultation.
Second, the main channels obtained from the National Bureau of Statistics
In order to facilitate the public to obtain regional statistical data, the National Bureau of Statistics provides the main economic and social indicators data at the provincial level through data publishing libraries and statistical publications. The data release database of the National Bureau of Statistics has a special "regional data" column, which provides the monthly, quarterly and annual major indicators of 31 regions (Figure 1). Various statistical publications of the National Bureau of Statistics also provide local annual statistical data. For example, the Statistical Yearbook of China and various professional statistical yearbooks all contain provincial-level sub-regional data in related fields; China City Statistical Yearbook and China County Statistical Yearbook (County Volume) respectively include the main social and economic indicators of cities and counties (cities).

Figure 1 Data Publishing Library of National Bureau of Statistics
The official website of the National Bureau of Statistics also provides a link to local statistical websites, which is convenient for querying local economic and social data.
Easy Group easily ensured that YEATION was selected as the outstanding case of digital service in the year, and technology empowerment was recognized.
As an important means to optimize experience, reduce costs and increase efficiency, digitalization will become one of the breakthroughs in the transformation of insurance industry to high-quality development. As an outstanding representative of the Internet insurance industry, Ease Group Ease Insurance YEATION has deeply cultivated the innovative mode of "insurance+technology", which not only provides a strong impetus for the rapid development of its own business, but also brings safer, more transparent and more personalized insurance products and services to its users.
On December 24th, the 2021 China Insurance Industry Digital Transformation Summit hosted by China Bank Insurance News was grandly opened in Foshan, Guangdong Province. The theme of this summit was "Double engines of numbers and intelligence, driving new development", and leaders of regulatory authorities, insurance executives and well-known domestic experts and scholars were invited to attend to discuss the future development of digital transformation of insurance industry under the new pattern.
At present, using advanced information technology to promote digital transformation is the only way to adapt to the new situation, meet new challenges and realize new development. It is the objective demand of China’s economic development model and the necessary condition to promote high-quality economic development.

China Bank Insurance News actively plays a platform role, collects information technology application cases for the insurance industry, shows the progress and achievements of China’s banking and insurance industry in promoting digital transformation and development by using advanced information technology, helps the financial industry accelerate to a new stage of comprehensive interconnection and collaborative innovation, and contributes to high-quality economic and social development. After being appraised by experts in the industry, Ease Group successfully selected YEATION as the "Outstanding Case of Digital Service in 2021".
Since its launch, Easy Guarantee has been emphasizing technology-driven insurance, serving users’ needs and protecting users’ interests. Therefore, it is easy to ensure that YEATION actively injects technologies such as big data, cloud computing, artificial intelligence and blockchain into the insurance industry, according to user needs.givePersonalized recommendation, just to provide users with better service.

Different from the traditional insurance industry’s business model of "paying more attention to offline than online", Ease Group easily ensured YEATION to transform the traditional offline sales model into online sales model with the help of the rapid development of network technology and strong social attributes, thus achieving rapid expansion. At present, based on strong technical support, diversified marketing system and personalized service, Ease Group has provided health protection services for 30 million families and become a leader in the Internet insurance industry.
The huge user base generates huge market demand. In order to provide users with better services and provide assistance for industry supervision, Ease Group has strengthened the research and development and application of cutting-edge technologies, provided a more solid technical base and established a top-down information protection and service system.

Specifically, Ease Group has developed eight front-end business groups, including intelligent marketing, intelligent risk control, intelligent consultants and electronic medical records, with upward services: internet insurance, diversified marketing, easy financing business, health mall, Dole Internet Hospital, Dole Pharmacy, easy public welfare and membership service, and downward services: business data center, public data center and source data center. The system not only realizes the effective management and storage of data assets and intelligent data, but also clarifies the data path and provides convenience for supervision.
Taking science and technology as the operating base, Ease Group gives every family the courage and strength to cope with diseases by constantly gaining insight into users’ needs, innovating insurance products, deeply embedding the medical insurance system, and building a comprehensive health security system. At the same time, it also laid a solid foundation for regulatory safety and provided a digital model for the insurance industry.

In fact, judging from the development course of Easy Group, it is not only engaged in Internet insurance, but also committed to becoming a national health protection technology platform. After seven years of meticulous cultivation, Easy Group has linked the upstream and downstream enterprises in the industry, laid out a health service system in the whole life cycle, and created a one-stop health solution combining "pre-protection and post-rescue" by increasing the investment in science and technology, safety and innovation, providing health protection services from all dimensions of inspection, medicine, medicine, health and insurance, and successfully constructing a benign ecological closed loop of health protection.
With the blessing of big data, blockchain, artificial intelligence and other high-tech technologies, Ease Group can easily ensure YEATION to dig deep into consumer demand, take care of the huge segments of people through scientific and technological means, accurately locate the audience to meet their real needs, continuously promote the sustainable development of the insurance industry, and contribute more to reshaping the industry ecology.
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Generative AI revenue soared by 200%! In the era of AI 2.0, Shang Tang should not be underestimated | Titanium Media Focus

Shang Tang’s headquarters building in caohejing, Shanghai (Source: edited by Titanium Media App)
Shang Tang is accelerating its transformation.
On the afternoon of March 26th, Shang Tang Group (0020.HK), the world’s leading artificial intelligence (AI) software company, released its financial report for fiscal year 2023 as of December 31st.
The financial report shows that in 2023, Shang Tang Group’s revenue reached 3.4 billion yuan, down 11% from 3.8 billion yuan in 2022; Gross profit reached 1.5 billion yuan, down 41% year-on-year; The Group’s EBITDA (loss) was RMB 5.4 billion, a year-on-year decrease of 2%; The main reason is that Shang Tang increased the transformation and capital investment of large-scale models and large-scale devices last year.
It is worth noting that the revenue business of Shang Tang Group has been redefined as three new business sectors-generative AI, traditional AI and smart car, from four sectors: smart city, smart business, smart car and smart life. Shang Tang said that the company takes generative AI business as its core development direction, while maintaining the advantages of traditional AI business and smart cars.
According to the financial report, in 2023, the revenue of Shang Tang Group’s generative AI business reached 1.2 billion yuan, soaring by 200% year-on-year, and the revenue proportion increased from 10% in 2022 to 35%, which is the fastest new business with a revenue volume of over 1 billion since the establishment of Shang Tang in the past ten years.
Dr. Li Xu, Chairman and CEO of Shang Tang Group, said, "Generative AI is not only a revolutionary innovation in the technical field for Shang Tang, but also a core business of the company. The growth of Shang Tang’s generative AI business benefits from the extensive demand for large-scale model training and reasoning from all walks of life, which indicates that a new cycle of hard technology investment in China has officially started. Shang Tang is winning new customers and promoting the overall improvement of efficiency and productivity by deeply integrating generative AI capabilities at all business levels. "
In the new era of AI 2.0, Shang Tang is accelerating its transformation and making a brand-new "Shang Tang 2.0" with the goal of General Artificial Intelligence (AGI).
The transformation and upgrading of Shang Tang AI 2.0 originated from a year ago.
In March 2023, Shang Tang announced that the company’s vision and strategic goal changed from "connecting the physical world and the digital world with artificial intelligence, promoting the sustainable development of social productive forces, and bringing people a better life experience of combining reality with reality" to "taking AGI as the core strategic goal, with a view to achieving a major breakthrough in AGI technology in the next few years".
Based on this change, Shangtang Technology established and implemented the development goal of AI for All, and focused on SenseCore Al as the core platform for large-scale model production, and Shang Tang AIDC artificial intelligence computing center platform as the AI infrastructure capacity, thus creating a multi-modal large-scale model with general capabilities and a professional large-scale model with more expertise in vertical industries, fundamentally reducing the downstream application cost and threshold of large-scale models, and ensuring that the development of AI technology benefits all mankind.
On April 10th last year, Shang Tang officially announced for the first time the "SenseNova" large-scale model system and the self-developed Chinese language large-scale model application platform "Consultation", with hundreds of billions of parameters, which can realize text generation, image generation, multimodal content generation and other capabilities and scene applications.
In July and August, 2023, the large model was upgraded to version 2.0 and 3.0, and the model version pages with different parameters such as "Consultation" version 2.0 and "SenseChat S" version of small model were released at the same time, which can adapt to the application requirements of different terminals and scenarios such as mobile terminals, and the total performance exceeds the basic model of GPT-3.5-Turbo.
Nissin V4.0 released in January this year, by improving the quality of training data and significantly improving the basic language ability, achieves the matching ability with GPT-4 in many scenarios such as code writing, data analysis, medical question and answer, and at the same time, opens up two parameter base models corresponding to 7B and 20B.

Li Xu said that under the guidance of Scaling Law, the big model is in the golden age of technological revolution and performance improvement. Since it was released in 2023, the ability of Shang Tang’s "Day by Day" big model has been significantly improved every three months, and Wanka Wanshen’s big model training ability has been realized, reaching the domestic leading level in basic model, multimodal, programming and tool calling, one million words lossless context and terminal small model.
At the product level, Shang Tang has launched the AI programming assistant "Code Little Raccoon" and the AI data analysis tool "Office Little Raccoon", which greatly improves the programming efficiency of programmers and the efficiency of office workers. At the same time, Shang Tang also invested thousands of calories to train the best model of Wensheng Diagram in China, Seconds Drawing 4.0. For example, the built-in "AI Chat Partner" in mobile QQ is the technical service provided by Shang Tang.
Specific to the performance level,According to the financial report, in 2023, based on Shang Tang’s core service leading ability of "big model+big device", the Group’s revenue of generative AI reached RMB 1.2 billion, achieving a rapid growth of 200%. At the same time, SenseCore, a large-scale infrastructure facility in Shang Tang, has finally achieved a breakthrough in scale growth to 12000 petaFLOPS, and the number of operating GPUs has reached 45,000.
Based on Shang Tang’s new "Model as a Service" (MaaS) business model, customers can easily fine-tune and call all kinds of generative AI capabilities in large devices without building and managing the underlying infrastructure themselves.
Shang Tang’s financial report shows that,More than 70% of the customers in the generative AI business are new customers in Shang Tang in the past 12 months, and the unit price of the remaining 30% of the existing customers has also recorded a growth rate of about 50%. Up to now, the number of customers with orders exceeding 10 million RMB has reached dozens, and the call volume of the C-terminal empowered by the large model has increased by nearly 120 times. Typical customers include the three major operators of China Mobile Telecom Unicom, China Merchants Bank, Haitong Securities, JD.COM, Xiaomi, Yuewen, Tsinghua University, Shanghai Jiaotong University and other leading enterprises and institutions in all walks of life.
Not only large models, but also large computing devices in Shang Tang are developing rapidly.In addition to Shanghai Lingang AIDC, which opened in 2022, the computing power managed by Shang Tang has realized the unified scheduling of national networking and supported the production of large-scale models with trillions of parameters, and has expanded new computing nodes in Shanghai, Shenzhen, Guangzhou, Fuzhou, Jinan and Chongqing.
Shang Tang revealed that it is expected that by 2024, the Group will expand the computing nodes in the whole country in a larger area, and export rich "new quality productivity".
"For large-scale model training services, the scale of GPU interconnection, acceleration efficiency and stability of infrastructure are the three most concerned capability indicators in the industry. We have achieved the largest cluster interconnection of Wanka, maintaining 95% acceleration efficiency, which is very leading in the industry. From the aspect of training stability, we have realized the ability of continuous training for more than 30 days, and the time of diagnosis and recovery in the event of training interruption has been optimized to half an hour. In the large-scale model reasoning service, we have also achieved the ultimate optimization of leading industry reasoning, and the cost-effectiveness of reasoning services has increased by three times in one year, providing customers with the most cost-effective large-scale elastic reasoning service in the industry. " Li Xu said that Shang Tang is increasing the adaptation of mainstream domestic chips such as Huawei Ascension and CAMBRIAN, so as to support the training, fine-tuning and reasoning of large models.
The management of Shang Tang Group pointed out, "From the perspective of business model, Shang Tang’s generative AI is currently promoted in a way of’ big device+big model’ deep collaboration, so there are generally three business models on the revenue side: first, public cloud standards, calling API;; The second is private cloud, which provides exclusive model and model authorization services for customers with security needs; The third is model customization service. "

In addition to the generative AI business, Shang Tang’s traditional AI and smart car businesses are also accelerating changes.
The financial report shows that in 2023, the overall revenue performance of traditional AI business was stable, with revenue of 3.4 billion yuan, down 11% year-on-year. The main reason was that the Group actively contracted the smart city business, and the proportion of this business revenue was reduced from 30% to less than 10%, significantly reducing the Group’s dependence on smart city business; The gross profit is 1.5 billion yuan, with a gross profit margin of 44%. In terms of smart terminal services, the number of mobile phones enabled by AI has exceeded 2 billion.
In terms of smart cars, Shang Tang’s "Jueying" smart car business earned 400 million yuan last year, a year-on-year increase of 31%. Among them, in the two core areas of intelligent driving and intelligent cockpit, sustained growth has been achieved, and the gross profit of mass-produced bicycles has doubled. In terms of mass production and delivery, the smart car sector added 1.29 million vehicles throughout the year, a substantial increase of 163% year-on-year. So far, the company has delivered 1.95 million smart cars, covering more than 90 models. In addition, the company added more than 16 million fixed-point orders and expanded 41 new models.
According to the management of Shang Tang Group, in 2023, Shang Tang "Jueying" will fully absorb the basic capabilities of large devices and large models, and provide various services at the infrastructure layer, model layer and application layer for automobile enterprises. The commercialization of Jueying is still based on "mass production" and realizes the common evolution of AGI capabilities with car companies. In addition, with the continuous advancement of testing, the Group expects that the capabilities of the large model will be applied to more production vehicles faster than expected, providing users with an unprecedented intelligent cockpit experience.
In addition, the management of Shang Tang said that Shang Tang will hold the "Shangtang Technology Exchange Day" in April this year, and launch the "Day by Day" big model 5.0 and a variety of generative AI products.
On the whole, Shang Tang’s business income in 2023 is still "stable as an old dog". From AI 1.0 to AI 2.0 era, based on the new engine of "big model+big device" with a growth rate of 200%, Shang Tang has realized transformation and upgrading, and continuously reduced costs and increased efficiency.
According to the financial report, in 2023, the total amount of R&D, management and sales in Shang Tang decreased by 11% year-on-year to 5.8 billion yuan. At the same time, the capital expenditure (excluding the capital investment related to disposable office buildings) also decreased by 20%, and the Group’s EBITDA (loss) decreased by 2% year-on-year.
Looking into the future, the management of Shang Tang Group said that the long-term growth rate of generative AI business in Shang Tang is very fast, and it is predicted that by 2024, the revenue of generative AI will be doubled (200%), accounting for about half (50%) of the company’s total revenue in fiscal year 2024-less than 35% last year.
"Starting from this year, the company (Shang Tang) has truly become a company with generative AI technology as its core. So in the long run, it is really difficult for us to predict very accurately. However, I think that if there is 50% contribution income this year, by 2027 and 2028, the proportion of overall income will increase to, for example, close to three quarters (75%). "

Shang Tang Group stated in the company’s strategic outlook that in 2024, Shang Tang will fully promote the profitability of its core business, so as to ensure the company’s dominant position in the competition in the AI 2.0 era and realize long-term leap-forward development.
- Stay ahead of technology. Give further play to the deep synergy advantage of "big device+big model", continuously expand the scale of computing power, improve the comprehensive service capacity of infrastructure and big model, and continue to invest in the iteration of "day by day" model system, so as to keep the model capacity ahead of the industry. At the same time, the company will strive to realize the "Moore’s Law" to improve the efficiency of large-scale model reasoning, so that the cost of model reasoning can be rapidly reduced, thus opening up a broader application prospect;
- Promote business growth. The company will accelerate the commercialization process and market penetration of generative artificial intelligence, and provide users with generative AI solutions with the best cost performance. At the same time, the company will also promote the steady growth of traditional AI business and improve the quality of cash flow;
- Promote the profitability of core business. The company will continue to optimize the operational efficiency of the Group and concentrate resources on the generative AI business to improve cash flow and reduce losses.
For the multi-modal model level,Li Xu mentioned that Shang Tang has deep technical accumulation in the multi-modal direction, and has some important technical advantages in the data, model architecture and computing power to be solved in the process of AI image generation and video generation, especially the synthetic data will become an important advantage for the industry in the future.
Today, Shang Tang’s "growing day by day" model has established outstanding application value and leading position in key fields such as finance, medical care, Copilot assistant, anthropomorphic interaction and intelligent terminal.
Li Xu emphasized that the Shang Tang team also hopes to continuously promote the changes of the whole AI industry, especially the transformation in the AI 2.0 era.
As of press time, Shang Tang’s share price has dropped to HK$ 0.78/share, and its market value is about 20% at the time of listing, which is currently smaller than the company’s net assets. From the perspective of assets, Shang Tang’s share price has been seriously underestimated.
Whether it is the technical strength of Shang Tang’s big models and big devices, or Shang Tang’s 200% revenue growth in the generative AI business, it has become one of the "leaders" in the whole AI 2.0 era.
"Regarding the stock price and market value, the current stock price is about 20% of the listing period. There are many reasons behind it. On the one hand, the external environment of the whole market has changed, and the most important thing is to reduce the holdings of multiple old shareholders. There are some systematic reasons. At present, from the perspective of management, it is actually seriously underestimated. At present, a large number of assets are actually computing power and infrastructure and AIDC corresponding to computing power. Although they are reflected in assets in the form of depreciation, their value is actually higher. We hope that the adjustment last year and this year will make our growth business have a very good development state to meet the future challenges, and also extend our commercialization ability to 2.0, and let the healthy and stable cash flow of the business meet the new AI 2.0 era. " Li Xu said.
"From the management point of view, we also hope to make use of our many efforts, including our management locking in our own stocks, and we will also promote the rise of stock prices to repay our investors, our shareholders and our employees." Li Xu said.
(This article is the first titanium media App, author | Lin Zhijia)
The minimum down payment of Guangzhou Provident Fund for "recognizing the house but not the loan" is 20%, which affects the geometry?
Following Shanghai and Beijing, Guangzhou, a first-tier city, has also implemented the provident fund policy of "recognizing housing but not loans". In addition, compared with Beijing and Shanghai, Guangzhou’s policy went further. For the first home, the minimum down payment ratio was reduced from 30% to 20%.
On November 14th, Guangzhou Housing Provident Fund Management Center issued the Notice on Optimizing Personal Housing Provident Fund Loans (hereinafter referred to as the Notice). The "Notice" mentioned that the number of housing units under the family name is accounted for by the "Guangzhou Natural Person Real Estate (Land, Housing) Information Query Results" provided by the Guangzhou Real Estate Registration Agency. In other words, families without housing who have had a loan or purchase record before can now buy a house for the first time and enjoy a preferential down payment ratio for the first time. For example, for families with "sell one and buy one" replacement needs, they can already enjoy the low down payment ratio discount for the first purchase through provident fund loans when replacing houses.
The "Notice" clarifies that the minimum down payment ratio of provident fund loans is 20% (originally 30%) for buyers who purchase the first home in Guangzhou; The minimum down payment ratio of provident fund loans is 30% for the families of buyers who have no housing loans (including commercial housing loans and provident fund loans, the same below) or whose housing loan records have been settled and own a house in Guangzhou; The minimum down payment ratio of provident fund loans is 40% for the families of buyers who have outstanding housing loan records and own one house in Guangzhou. The Notice shall come into force as of the date of issuance and shall be valid for 5 years.
In addition, the official has also interpreted the contents of the Notice: the number of housing units under the family name is only calculated in Guangzhou, but not in other places; The nationwide housing loan records (whether settled or not) no longer affect the identification of housing units; Those who buy the third and above houses in Guangzhou will not be granted housing provident fund loans; When calculating the number of housing units under the family name, the houses that have been sold and are no longer under the family name are not included; There is no difference in the minimum down payment ratio between ordinary housing and non-ordinary housing, and the same minimum down payment ratio applies; For the housing provident fund loans being handled, if the housing provident fund loans have not been mortgaged, you can apply to the original loan handling outlets according to the "Notice" policy, modify the information or cancel the loans and re-apply.
Yan Yuejin, research director of Yiju Research Institute, said that "admitting housing but not lending" was mainly reflected in housing commercial loans. After the promulgation of this policy, "admitting housing but not lending" has covered the field of provident fund loans, which will help to release the demand for improved housing.
Since the introduction of the new real estate policy in late August and mid-September, the transaction area of commercial housing in Guangzhou has obviously rebounded. According to the data of the Central Finger Research Institute, in October 2023, the transaction area of new houses in Guangzhou was about 712,000 ㎡, up by 35.2% year-on-year. However, in November, the policy influence began to weaken, and the market enthusiasm of new houses decreased. The transaction area of new houses in Zhou Du has been declining for two consecutive weeks.
Yang Hongxia, general manager of the South China Branch of the Central Finger Research Institute, said that the release of the new provident fund loan policy in Guangzhou will further promote the market rigidity and the effective release of improved demand. The introduction of the new policy of Guangzhou provident fund will release a positive signal to the market, which will help stabilize market expectations, boost the sentiment of buyers and promote the stable and healthy development of Guangzhou real estate market.
"The decline in real estate sales and the payment of employee provident fund as usual have led to a relatively high water level in the provident fund pool. From the perspective of policy formulation, it is inevitable to consider how to make better use of this part of inefficient or even idle funds." Li Yujia, a researcher at the Guangdong Housing Policy Research Center, said that the low interest rate of provident fund loans can stimulate the enthusiasm of buying houses, and the implementation of the optimization policy of provident fund loans is a general trend.
In contrast, Guangzhou Provident Fund has taken a bigger step than commercial loans in the implementation of the policy of "recognizing houses but not loans", because at present, the down payment ratio of the first commercial housing loan in Guangzhou generally needs 30%, and only a few banks can 20%; For families who already own a house and buy a house again, the down payment for commercial loans needs 40%. "Because local governments have greater autonomy in the provident fund policy." Li Yujia said.
At the same time, Li Yujia said that it is necessary to look at the effects of the above policies objectively. "Some demand will be released, but the scale of this demand is not particularly large." Li Yujia believes that whether the new Guangzhou provident fund loan policy can play a greater role in the property market depends on whether the paid employees can get enough loans. In the case of limited personal and family loans (the maximum personal loan is 600,000 yuan and the maximum family loan is 1 million yuan), the high probability of buying a house in Guangzhou still needs to take the form of "provident fund+business" combined loan, and the effect of the policy may not be so high. In addition, most of the people who can get such a high loan amount are staff in the system or employees of state-owned enterprises and institutions. Most of these people have already bought houses (mainly new employees will release some demand), but those who really need provident fund, low-interest loans are mainly new citizens, young people and migrants, but these people have a small deposit balance and a low deposit ratio, so it is difficult to get full loans.
Compared with the down payment ratio of commercial loans, the current down payment ratio of Guangzhou provident fund loans is relatively low. It is not clear whether the down payment ratio of portfolio loans is implemented according to the standards stipulated by provident fund loans or commercial loans. A real estate agent told CBN that it depends on how the bank implements it, and it will only be known after consulting the housing provident fund center. In addition, some real estate agents said that portfolio loans should be implemented in accordance with the standards of commercial loans, and the down payment of 20% needs pure provident fund loans to be implemented.
Because the loan amount of many houses in Guangzhou will exceed the maximum amount of provident fund loans, it is necessary to adopt combined loans. Some real estate agents said that if the down payment ratio is implemented according to the standards of commercial loans, this policy will not have much impact on real estate transactions with mortgage loans exceeding 1 million yuan, and it will not have much impact on the property market.
In addition, according to the statistics of the Central Finger Research Institute, as of November 13th, more than 250 policies related to provident fund have been issued in various places this year, and more than 30 cities have optimized the standard of "recognizing housing and repaying loans" for provident fund loans, among which more than 20 cities have implemented "recognizing housing but not repaying loans" for provident fund loans (including Shanghai and Beijing), and reduced the down payment ratio of provident fund loans in many places.
[Belt and Road] Walking on Chang ‘an Avenue: Feel the blending of history and modernity
Cctv news: Chang ‘an Street in Beijing, known as "the first street in China", on the eve of the "Belt and Road" international cooperation summit forum, the CCTV aerial report team used drones to have a bird’s eye view of Chang ‘an Street in the air, and felt that history and modernity complemented each other here.

The eastern section of Chang ‘an Avenue, a piece of beijing central business district, is the headquarters of many Fortune 500 companies in China, the cradle of numerous small and medium-sized enterprises’ entrepreneurship and growth, and the vibrant area of Beijing.

Chang ‘an Avenue is north of guomao bridge. Now you can see the Chinese statue under construction, which will become the tallest landmark building in Beijing after completion. At present, its building height has exceeded 500 meters.

Adjacent to China Zun is the Guanghua Road office area of CCTV. On May 14th and 15th, when the "Belt and Road" international cooperation summit forum is held, all the live broadcast signals from the venue will gather here, and then CCTV channels will report the grand event for the first time.


From east to west, follow our lens, and now we come to Jianguomen overpass on Chang ‘an Avenue, which connects Beijing’s Second Ring Road. The traffic is busy, and there is an ancient city wall in the southwest corner of the overpass, which is the ancient observatory of Beijing. It is one of the oldest observatories in the world, which was founded in the Ming Dynasty. These eight astronomical instruments not only have the traditional characteristics of China in modeling and ornamentation, but also reflect the progress and achievements of western astronomical instruments after the Renaissance in terms of scale and structure. This is an example of cultural exchange between the East and the West.

Chang ‘an Street has witnessed the passage of time and historical changes. The Beijing Telegraph Building, located at No.11 West Chang ‘an Avenue, was once the first new telegraph building in New China. Until today, its bell will still ring when it strikes the hour. People used to send and receive telegrams and make long-distance calls here. However, with the development of communication, it is now possible to connect with the world by a mobile phone without leaving home. The telegraph building has become a historical witness of the rapid development of communication in China.

继续向西行进,现在我们看到的是民族文化宫,它建于1959年,是中华人民共和国成立十周年首都北京著名的十大建筑之一,一直是开展民族文化交流的重要窗口。


西二环与长安街相连的重要交通枢纽——复兴门桥,它是1974年建成的北京市区的第一座立交桥。复兴门桥东北方向就是金融街,聚集了中国人民银行、银监会、证监会、保监会等金融监管部门和众多国内外大型金融机构,这里也成为北京资金、技术、知识密集度最高、税收增长最快的地区之一。

长安街的中心是天安门广场,这也是第一次通过无人机镜头的拍摄,从空中视角为大家展示天安门广场的全貌。


央视记者 赵晶:现在呈现的画面是北京天安门广场,这里也是当今世界上最大的城市广场,在广场北端的天安门曾经是明清两代皇城的正门,1949年以后,成为了现代中国的象征,它的形象也被引入了国徽的设计。这是古老的中国,也是现代的中国,连接历史与未来,“一带一路”以自古传承的丝路精神为指引,展现现代中国的开放胸怀,让中国方案成为解决世界发展难题的东方智慧之光。(央视记者 杨阳 赵晶 崔艺 吴凯俊 时路 高晓罡 王则栋 何一凡 董良言)
What brands are the COVID-19 vaccines that China is playing? Which COVID-19 vaccine is more effective?
Recently, COVID-19’s vaccination in China has ushered in two good news. The first is that the number of vaccinations has exceeded 800 million, and the second is that another inactivated vaccine from Covid-19 has been approved for use. So, up to now, how many brands of China COVID-19 vaccine are there? Which effect is better? Let’s answer one or two questions for you by Xiaobian!

1. How many brands of China COVID-19 vaccine are there?
By the end of early June, there were seven major brands of China COVID-19 vaccine, namely Beijing Bio-COVID-19 Vaccine, Kexing Zhongxingguan Vaccine, Wuhan Bio-COVID-19 Vaccine, Kangxinuo COVID-19 Vaccine, Zhifei COVID-19 Vaccine, Kangtai COVID-19 Vaccine and COVID-19 Vaccine of Institute of Biology, Chinese Academy of Medical Sciences. Details of each brand are summarized as follows:
1. Beijing Biological COVID-19 Vaccine
① R&D unit: Beijing Institute of Biological Products Co., Ltd.
② vaccine name: Covid-19 inactivated vaccine (Vero cell)
③ Age of use: 18 years or older.
④ Immunization program: 2 doses.
⑤ Approval type: WHO emergency use
⑥ Effectiveness: The prevention of symptoms and hospitalization was 79%.
2. Kexing Zhongxin Crown Vaccine
① Research and development unit: Beijing Kexing Zhongwei Biotechnology Co., Ltd.
② vaccine name: Covid-19 inactivated vaccine (Vero cell)
③ Age of use: 18 years or older.
④ Immunization program: 2 doses.

⑤ Approval type: WHO emergency use
⑥ Effectiveness: The prevention of symptoms was 51% and the prevention of hospitalization was 100%.
3. Wuhan Biological COVID-19 Vaccine
① R&D unit: Wuhan Institute of Biological Products Co., Ltd.
② vaccine name: Covid-19 inactivated vaccine (Vero cell)
③ Age of use: 18 years or older.
④ Immunization program: 2 doses.
⑤ Approval Type: Conditional Listing in China
⑥ Effectiveness: The total protection effectiveness is 72.51%, and the prevention of moderate and severe diseases is 100%.
4. Kangxinuo COVID-19 vaccine
① R&D units: Institute of Biological Engineering, Institute of Military Science, Kangxinuo Bio-stock Company.
② vaccine name: recombinant novel coronavirus vaccine (adenovirus type 5)
③ Age of use: 18 years or older.
④ Immunization program: 1 dose.
⑤ Approval Type: Conditional Listing in China
⑥ Effectiveness: The total protection effectiveness is 65.7%, and the prevention of severe illness is 90.98%.
5. Zhifei COVID-19 vaccine
① R&D unit: Anhui Zhifei Technology Co., Ltd.
② vaccine name: recombinant novel coronavirus vaccine (CHO cell)
③ Age of use: 18 years or older.
④ Immunization program: 3 doses.
⑤ Approval type: domestic emergency use
6. Kangtai COVID-19 vaccine
① Research and development unit: Shenzhen Kangtai Biological Products Co., Ltd.
② vaccine name: Covid-19 inactivated vaccine (Vero cell)
③ Age of use: 18 years or older.
④ Immunization program: 2 doses.
⑤ Approval type: domestic emergency use
7. Medical biological COVID-19 vaccine
① R&D unit: Institute of Medical Biology, Chinese Academy of Medical Sciences
② vaccine name: Covid-19 inactivated vaccine (Vero cell)
③ Age of use: 18 years or older.
④ Immunization program: 2 doses.

⑤ Approval type: domestic emergency use
The emergency use of WHO means that it has been approved by the World Health Organization (WHO) to be included in the emergency use list. Conditional listing in China is to conduct emergency review and approval according to relevant regulations and special drug approval procedures, and conditionally approve listing registration applications. In case of particularly serious public health emergencies or other emergencies that seriously threaten public health in domestic emergency use, it can be used for emergency use within a certain scope and time limit with the consent of the drug supervision and administration department of the State Council.
Second, COVID-19 vaccine which effect is better?
1. Beijing Biological COVID-19 Vaccine
The WHO Advisory Expert Group on Immunization Strategy has completed the review of the vaccine. A large multinational phase III clinical trial showed that the effective rate of preventing symptomatic Covid-19 infection 14 days or longer after vaccination was 79%, and the effective rate of preventing hospitalization was 79%. Because there are very few elderly people over 60 who participate in clinical trials, it is impossible to estimate the effectiveness of this age group; Despite this, WHO does not recommend setting an upper age limit for the vaccine, because preliminary data and immunogenicity auxiliary data indicate that the vaccine may also have a protective effect on the elderly.
2. Kexing Zhongxin Crown Vaccine
The WHO Advisory Expert Group on Immunization Strategy has completed the review of the vaccine. The results of vaccine efficacy research show that the vaccine can prevent 51% of the vaccinated people from developing disease symptoms, and prevent 100% of the research population from developing severe Covid-19’s disease and hospitalization. Because there are very few elderly people over 60 who participate in clinical trials, it is impossible to estimate the effectiveness of this age group; Nevertheless, WHO does not recommend setting an upper age limit for the vaccine, because the data and immunogenicity auxiliary data collected during the subsequent use in many countries indicate that the vaccine may also have a protective effect on the elderly.
3. Wuhan Biological COVID-19 Vaccine
The interim analysis data of the international multi-center, randomized, double-blind, placebo-controlled phase III clinical trial in the United Arab Emirates and other countries showed that the protection rate of the vaccine against the diagnosed moderate and severe diseases reached 100%, and the total protection efficacy was 72.51%. The vaccine is currently awaiting approval from WHO.
4. Kangxinuo COVID-19 vaccine
The data of Phase III clinical trials of more than 40,000 subjects in 78 clinical research centers in five countries (Mexican, Russian, Pakistani, Argentine and Chilean) showed that the protective effect of the vaccine on severe COVID-19 was 90.98% after 28 days of single-needle vaccination, and the overall protective effect was 65.7%. The vaccine is currently awaiting approval from WHO.
5. Zhifei COVID-19 vaccine
The results of two clinical trials involving 950 healthy adults aged 18-59 in Chongqing, Beijing and Hunan provinces in China showed that 76% and 97% of people could produce neutralizing antibodies after two doses and three doses of vaccine respectively. At present, no phase III clinical trial data has been published.

6. Kangtai COVID-19 vaccine
Phase II clinical trials showed that the median GMT of live virus neutralizing antibody in the vaccine group was 131.7 IU/ml 28 days after the 18-59-year-old subjects completed the whole immunization, which indicated that the vaccine could induce a strong antibody response in adults aged 18-59. At present, no phase III clinical trial data has been published.
7. COVID-19 vaccine of Institute of Biology, Chinese Academy of Medical Sciences.
The results of phase ⅰ and ⅱ clinical trials showed that the positive conversion rates of neutralizing antibody and anti-S protein antibody reached 96% and 99.33% respectively 14 days after the whole vaccination. At present, no phase III clinical trial data has been published.
To sum up, every COVID-19 vaccine brand is good and has its own characteristics.
Generally speaking, at present, there are seven COVID-19 vaccines approved by the state in China, each of which has its advantages. Therefore, it is ok to fight any one, and there is no need to wait for any brand of vaccine.
"Super fusion is super hybrid" SAIC Roewe released DMH technology brands on China Brand Day.
On May 10th, the 8th China Brand Day, a series of activities of 2024 China Brand Day-"Super Convergence is Super Hybrid" DMH technology brands Conference, sponsored by Xinhua News Agency Shanghai Branch and China Economic Information Agency, and jointly sponsored by SAIC Innovation Research and Development Institute and Roewe brand of SAIC passenger cars, was held in Shanghai. Jiang Wei, Party Secretary of Xinhua News Agency Shanghai Branch, Party Secretary of China Economic Information Agency Shanghai Headquarters, Zu Sijie, Vice President and Chief Engineer of SAIC, Alvin Wong, General Manager of SAIC Passenger Car Company, Lian Ping, Chairman of China Chief Economist Forum, Yao Chunde, Professor of Tianjin University and Deputy Director of "China Heart" Top Ten Engine Judges, and other guests attended the meeting to discuss the new breakthrough of hybrid technology in China and how to accelerate the cultivation of new quality productivity in new energy automobile industry.

At the meeting, SAIC Roewe released the "DMH Super Hybrid Technology" technology brands, which has accumulated the profound technology of SAIC in the hybrid field for more than ten years. It is a hybrid product for users all over the world, showing the world the vigorous power of China automobile brands in the new energy era.
Blending is an indispensable starting point for the transformation of automobile industry chain.
By the end of 2023, the production and sales of new energy vehicles in China ranked first in the world for nine consecutive years, and became the world’s largest automobile exporter for the first time. Under the wave of new energy, whether from the perspective of solving the pain points of users’ actual car use or from the height of the transformation and upgrading of the entire automobile industry chain, blending is an indispensable key. Yao Chunde believes that the development of hybrid technology is the general trend.

Yao Chunde, a professor at Tianjin University and deputy director of the "China Heart" Top Ten Engine Judges.
On the one hand, there is a strong user demand to promote the hybrid technology in China. The market environment and users’ demand in China provide a natural "fertile ground" for car companies to develop hybrid technology. On the other hand, the breakthrough of China car companies in the plug-in technology is not to show off their skills, but based on real usage scenarios, which integrates the advantages of traditional fuel vehicles and electric vehicles and brings users real travel solutions. Taking the DMH super hybrid system as an example, Yao Chunde innovatively improved the off-axis P1 motor into a coaxial structure for the current mainstream P1+P3 hybrid configuration, which greatly improved the transmission efficiency, optimized the NVH performance, and made the whole system more efficient and the driving experience smoother and quieter. It can be seen that the plug-in technology is not a transitional technology, but a key technology to drive the traditional automobile to realize electric transformation and comprehensively improve the user’s travel experience, and it is also an indispensable technical support for China automobile to "grow from big to strong".
Roewe DMH: Super fusion is super hybrid.
"At the moment, hybrid technologies are blooming, products are emerging one after another, and user acceptance is getting higher and higher. It is predicted that by 2025, there will be a 1:1 situation between pure electricity and plug-in. The spring of plug-in and hybrid is already around us. " Lu Yong, deputy general manager of SAIC Passenger Car Company, executive vice president of SAIC Innovation Research and Development Institute and executive deputy director of technology center, said.

Lu Yong, Deputy General Manager of SAIC Passenger Car Company, Executive Vice President of SAIC Innovation Research and Development Institute and Executive Deputy Director of Technology Center.
The greatest advantage of any technology with long-term value is that it can withstand precipitation and carry long-term optimization iteration. As early as 2010, SAIC proactively laid out the field of plug-in hybrid technology and regarded it as a technology worthy of long-term investment. In 2017, the first generation of EDU hybrid technology independently developed by SAIC won the second prize of the National Science and Technology Progress Award. Thanks to SAIC’s in-depth self-research on the core technology of powertrain, SAIC will also exceed 46% in the key index of engine thermal efficiency that affects the performance of hybrid system. After long-term technical accumulation and market verification, the DMH super hybrid technology released at this conference, with by going up one flight of stairs integration and intelligence, is a new kinetic energy for SAIC’s own brand to maintain its long-term competitiveness.
DMH super hybrid technology has three technical characteristics: modularization, integration and specialization. According to the modular design and serial configuration, the system matches different hybrid routes such as PHEV/EREV/HEV through a set of systems, which can cover the driving needs and fuel consumption regulations of different users around the world. At the same time, the system has many leading technologies such as "energy domain" global thermal management, powertrain brain PICU, engine +P1 motor coaxial structure, etc., with software algorithm as the core, matching special hardware such as hybrid high-efficiency engine, gearbox and long-life battery.


At present, DMH super hybrid technology has taken the lead in the Roewe D7 DMH and the Roewe D5X DMH, the new mainstream hybrid SUV with long battery life, and the product strength has been widely recognized. Not long ago, Roewe D7 DMH, on behalf of its own brand B-class car, challenged the extreme endurance of 2,000 km, and finally overcame the influence of bad weather, achieving a long endurance of 1962km and an average fuel consumption of 2.8L per 100 km, realizing the technical value transformation from technical strength to scene application, and showing the strength of China brand.

Qiu Jie, Vice President of SAIC Innovation Research and Development Institute and General Manager of Jieneng Automobile Company.
Qiu Jie, vice president of Innovation Research and Development Institute of SAIC and general manager of Jieneng Automobile Company, said that in the next three years, DMH super hybrid technology brands will carry out higher-dimensional performance improvement in five key areas: engine, gearbox, battery, motor and energy control brain. For example, the thermal efficiency of the engine will break through to 46%, and it will take the lead in reaching the "Euro 7" emission standard in China; In terms of gearbox technology, the target carbon dioxide emission of the oil-electric hybrid route will not exceed 95g/km, and the plug-in hybrid and extended-range electric routes will adopt a new configuration of dual coaxial scheme; The energy control brain is continuously optimized, and the concept of the next generation vehicle energy center is expected to be released in 2025.
Start SAIC brand
With the joint efforts of the upstream and downstream of the industrial chain, automobiles have become a shining business card for China brands to go global. Among them, SAIC has won the "Double Champion" in domestic sales and vehicle export for eight consecutive years, and has become an excellent sample for actively practicing the "three transformations" in brand building.
Zu Sijie said at the conference: "Brand building is an important support for further developing China’s intelligent networked new energy automobile industry. At present, SAIC is building a world-class enterprise by benchmarking, making every effort to build itself into a trillion-dollar automobile industry group with global industrial competitiveness and brand international influence, and constantly making SAIC brand famous by building technology SAIC, quality SAIC and responsibility SAIC. The launch of DMH super hybrid technology is the’ super integration’ of technology SAIC, quality SAIC and responsibility SAIC, and it is also an important practice to start the SAIC brand. "

Zu Sijie, Vice President and Chief Engineer of SAIC.
SAIC has always adhered to technological innovation as the core drive, accurately grasped the market development trend, and actively laid out forward-looking technical fields. After long-term unremitting investment and deep cultivation, the "turn" from technology introduction to technology reverse output has been basically completed. Facing the new round of global competition, SAIC Innovation Research and Development Institute, the research and development platform of SAIC’s own brand of passenger cars, has made full preparations in the fields of forward-looking technology, R&D personnel, hardware and equipment, and effectively supported the product development of Roewe, MG, Zhiji and Feifan and overseas markets.
In terms of talent reserve, SAIC Innovation Research and Development Institute is committed to building a research and development team with global vision and competitiveness. Not long ago, Joseph Kaban, a world-renowned automobile designer, officially joined SAIC, which will further promote SAIC’s design upgrade, vigorously enhance the competitiveness and internationalization level of SAIC’s design, and empower its own brands such as Roewe.
The release of DMH Super Hybrid technology brands indicates that SAIC Roewe will launch the quality war and value war of its own brand "National Team" in the new energy market with more confident brand image and stronger product competitiveness, and help the high-quality development of China’s new energy automobile industry. In the future, relying on DMH super hybrid technology brands, Roewe will also gather the superior resources of all parties, accelerate the creation of "the first camp of blending", and provide users around the world with a new choice of China brand.
Winners of the Chinese Youth May 4th Medal discuss the party’s Report to the 20th CPC National Congress.

Good youth in the new era


