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On January 1st, the Network Enforcement Act, a regulatory bill for social media platforms in Germany, was officially implemented. According to the bill, social networking platforms that fail to handle illegal content such as false news and hate speech properly will be fined up to 50 million euros. Since 2015, Germany’s crackdown on online illegal speech has been continuously strengthened, from investigating criminal responsibility of illegal individuals to poor supervision of punishment platforms; The fine has also risen from hundreds of euros in the past to a maximum of 50 million euros now. According to the analysis, as problems such as refugees and illegal immigrants continue to tear German society apart, the German government’s regulatory policy on online speech may be further tightened in the future.
"Social networks have not fulfilled their obligations well, and we must exert more pressure."
After nearly three years of discussion, drafting and final approval, the German Network Enforcement Law came into full force on January 1, 2018. The bill aims at "hate, inflammatory speech and false news content" on the Internet, integrates and revises a series of relevant decrees issued by the German Ministry of Justice since 2015, and puts forward strict regulatory requirements for social networking platforms that provide content services in Germany.
The Network Enforcement Law stipulates that social networking platforms must introduce more detailed online reporting forms for users; Illegal content and its copies must be deleted within 7 days, and obvious illegal remarks must be deleted or blocked within 24 hours after being reported; The contents of controversial remarks must also be dealt with within 7 days after reporting; Need to designate a person responsible for handling user complaints; Quarterly reports on cracking down on illegal speech must be submitted.
In addition, the German Ministry of Justice will also launch an online form for netizens to complain about the poor handling of reported online illegal speech. After receiving relevant complaints, the German Ministry of Justice will judge whether the social networking platform has its own management defects, and may impose a fine of up to 50 million euros for the platform’s failure to crack down on illegal speech. The German Ministry of Justice stressed that the deletion of illegal content on social networking platforms is based on "self-censorship", and the Ministry of Justice will not personally participate in deleting or blocking illegal speech.
In fact, Germany has a reputation of being "strict" in network supervision, and relevant provisions can be found in laws and regulations such as the Criminal Code, the Civil Code, the Law on Freedom of Information, the Law on Public Order, the Law on Freedom of Information and Communication Services. Those who seriously spread rumors and slander others need to bear criminal responsibility. However, with the outbreak of the European refugee crisis in the late summer of 2015, some criminal incidents of refugees have rapidly fermented on social networks, and hundreds of thousands of netizens have publicly published xenophobic remarks on social networks, which are getting worse.
According to data released by the German Ministry of Justice, until the first quarter of 2017, the progress of social networks in dealing with illegal content was still slow. Twitter only deleted 1% of illegal content reported by users, and Facebook deleted 39%. In this regard, German Minister of Justice Maas said: "Unfortunately, social networks have not fulfilled their obligations well, and we must exert more pressure."
"The Internet is not a place of extra-legality". At Mas’s appeal, the Ministry of Justice set up a working group to invite representatives of social networking platforms, experts and members of non-governmental organizations to join. Since 2015, various regulations have been issued to combat illegal information such as xenophobia and falsehood on the Internet, and in April 2017, the Network Enforcement Law was promoted.
As the key observation objects that have been interviewed by the German Ministry of Justice for many times, social networking sites Facebook and Twitter have launched an upgraded version of the "24-hour online reporting mechanism". Taking Facebook as an example, users must enter their real names in the first step and upload content, links and screenshots that violate the social networking community guidelines. Step 2, users need to check all relevant items in the list of illegal content "involving hate, inflammatory remarks, insults, slanders, threats, false information, terrorist crimes and child pornography" defined according to the Network Enforcement Law; Finally, the user must make a promise of good faith and submit an electronic signature. After the report was submitted, the third-party fact-checking agency hired by Facebook then started a quick investigation.
"It provides a strong legal basis for putting an end to cyber violence and purifying the content of social networks."
On the first day when the Law on Network Enforcement came into effect, Von Shtorkh, vice-chairman of the Bundestag, the German election party, was shut down by Twitter, a social networking platform, because of "hate and xenophobia", and I was even prosecuted for allegedly "inciting people".
Shtorkh posted a tweet expressing anger at the Cologne police’s use of many languages, including Arabic, on the official website. Once the news was sent out, Twitter blocked the tweet with suspected hate content, leaving it in an unreadable state, and Shtorkh’s own Twitter account was temporarily blocked for 12 hours. Shtorkh himself was soon investigated and prosecuted by Cologne police and prosecutors for allegedly inciting riots.
German public opinion believes that despite the controversy, the Law on Network Enforcement provides a strong legal basis for putting an end to cyber violence and purifying the content of social networks. Malvin Stet lattmann, a journalist in the German digital information industry, wrote in the German newspaper Sü ddeutsche Zeitung that hate speech and false news are hidden in the depths of social networks and become a real threat to society. He said that in today’s social networks, everyone can upload subjective "facts" to insult and intimidate others. Those who become the target of public criticism cannot defend themselves; However, platform operators often deal with user complaints slowly or even do nothing. Over time, social networks are full of all kinds of inflammatory remarks and false news generated by gaining eyeballs. Lattmann believes that in order for large social networks to take responsibility for users, it is necessary to clarify their obligations in law.
It is reported that the "Network Enforcement Law" was obviously supported by the German Federal Party (CDU and CSU) and the Social Democratic Party during the approval process, and now the two parties are negotiating to form a new German government. Therefore, according to media analysis, the Law on Network Enforcement can take effect as scheduled, which reflects the high degree of consistency between the two parties in strictly controlling online speech, that is, they hope to delete and block illegal online speech faster. As the refugee issue has become the main trigger to tear German society apart, once the "grand coalition" government between the two parties is formed successfully, the new government’s regulatory policy on online speech may be further tightened.
(Berlin, January 3 rd, our reporter in Germany Feng Xuezhen)
In other words, the long vacation has passed more than half.
The curse of gaining three pounds every holiday seems to be fulfilled in many people.
Almost every time we talk about the half moon, people’s mood is inevitably very heavy.
But if it is fat on animals, it seems that everything is particularly soft and particularly cute.
Even being fat can be an effective way to become famous …

Recently, a seal in Osaka Sea Resort in Japan pushed the screen.
People interviewed described its figure like this:
"so round"

"It’s a very wayward figure. This is actually ok, so enviable. "

Arguably, it is not too unusual for seals to have big stripes.
So how earth-shattering can a seal that can surprise people with its figure be?
Neon promoter Kaba photographed the amazing posture of a seal at Osaka Sea Resort-

I saw this chubby seal squinting and dozing, curled up into a ball and couldn’t see its neck and tail fin.
Natural and mellow, like a stone essence with eyes and mouth, ↓

It’s like a potato wrapped in sesame powder.




Please look like a seal ~ ~ ~
Up to now, this "sea pig" photo has been forwarded more than 120,000 times.
Twitter and other netizens uploaded more photos to show the spherical figure of this seal in all directions.
▼ "It seems that everyone likes this seal very much, so I will upload another one."

▼ "Push the Lord, look at this fat photo I took, which is also very cute and really round."

▼ "Look at the appearance, it should be the same one I took at the Haiyuan Pavilion last year, so fat that people can’t help laughing."

▼ "The expression when sleeping is also very healing, hahaha."

▼ "Oh, it’s really amazing."

▼ "It was probably so round two years ago, but I didn’t expect it to be fatter now, but it’s still cute (laughs)"

▼ "I saw this one, too, super big"

▼ "A while ago, it also showed a Yan Yi"

After the mellow seal photo became popular, the media rushed to Osaka Sea Tour Museum, trying to ask the breeder what "pig raising" cheats were.
It is reported that this online celebrity seal named Yuki (meaning snow in Japanese) got its name because it likes to eat snow.


Yuki, a 10-year-old female ringed seal, lives in cold areas such as the Arctic Circle and Hokkaido.
In order to meet the breeding season in winter and January to April next year, seals in this period often have a very strong desire to eat.

There are four ringed seals in Osaka Sea Tour Museum, of which Yuki can eat 2.8 kilograms of fish every day.
This year’s weight has reached 50.6 kilograms, which is 10 kilograms heavier than last year …


The breeder also revealed that,"Yuki is very greedy by nature, and she is always honest. She is very active and excited at dinner time.
After eating their own fish, they will rob other seals.
The more you eat, the fatter you get, the rounder you eat, and the back really looks like a lump of potato … "

However, although she loves to grab food, the breeder said that Yuki’s current weight is actually normal.
Because from the health point of view, the Sea Tour Museum will appropriately control the food intake of each seal according to the situation.
The reporter asked, then why do the photos taken by netizens look so round as a leopard?
The breeder said that it may be related to the shooting angle to some extent.
Looking at a lump, in fact, people also have necks = =


In addition, ringed seals are smaller than other seals.
But because of the fat, it is easy to look round.
In particular, Yuki’s face is relatively small, and if her neck shrinks, she feels like a lump that is completely round …


To put it bluntly, Yuki’s weight feels good in the seal world.
But because of "short legs, small face and more fat", it looks particularly fat.
After all, people used to live in cold areas, so it’s normal to eat more.
But then again, people are so cute even if they are fatter, which really makes people envy www.


Ref:
https://twitter.com/Osaka_Kaiyukan
http://www.imishin.jp/yuki-chan/
https://twitter.com/chirumisu23
https://matome.naver.jp/odai/2153810322271181401
https://www.fnn.jp/posts/00367910HDK
https://jp.sputniknews.com/entertainment/201809305399101/
http://www.nicovideo.jp/watch/sm33922089
————————————–
Gentle cocoon planting: you are not fat, you are just thick-skinned
G_ 2: Ha ha ha ha ha so fat, like a large baked sweet potato.
StanaLove: A fat face is like painting on it.
Would it be better to have a longer name: small face and fat face! Sisters, remember? Don’t eat quickly
Big head and fresh meat: since then, fat people have a new excuse
Twilight: Why are all animals, only people fat and unlovable! Fat life is hard! I just want to be a fat cat!
Little fat dolphin: I photographed it, too! !

————————————–
…………………………
You have good things,
Specially prepare all kinds of good products worth recommending in Britain for everyone ~
British direct mail, including parcel tax ~

Avita 11 and Avita 12, as products of CHN, a new generation of intelligent electric vehicle technology platform jointly created by Changan Automobile, Huawei, and Ningde Times, have received many praise from users once they were launched, relying on their excellent product strength.
Based on the previous successful cooperation experience, Changan Automobile and Huawei have once again launched in-depth cooperation and signed an "Investment Cooperation Memorandum" in Shenzhen. According to the content of the memorandum, Huawei plans to establish a new company and integrate the core technologies and resources of the smart car solutions business here to develop as an independent business. And Changan Automobile and its affiliates will intend to invest in the company and work with Huawei to support the company’s future development.

Next, Huawei and Changan Automobile will focus on the research and development, production, sales and service of intelligent driving systems and incremental components of intelligent connected vehicles through this new company, empowering our country’s intelligent vehicle industry.
The cooperation between Huawei and Changan will continue to explore new models of openness and win-win cooperation with industry partners, and accelerate the large-scale commercialization of intelligent technologies. Among them, Avita is expected to enjoy the priority technology empowered by Huawei’s independent new company because it has gathered the advantages of cooperation between Changan Automobile and Huawei earlier and has been fully verified by the market.
As an explorer of the new track of intelligent electric vehicles, Avita’s products have three core advantages of top intelligence, top design and top luxury space. Thanks to Changan Automobile, Huawei and Ningde Times, Avita Technology has been empowered in the fields of intelligent vehicle research and development, smart car solutions and smart energy ecology. Among them, Huawei has given its top intelligent technology to Avita, Huawei ADS2.0 technology and Hongmeng cockpit, and Avita is always on time. And every time Avita launches, Yu Chengdong, CEO of BU Smart Car Solutions, will personally stand on the platform and never be stingy with praise for Avita.
Avita 11, as the first flagship model of Avita, is equipped with HI Huawei’s full-stack smart car solution. With its far-leading smart driving capabilities and solid and reliable mechanical quality, it has become the world’s first car brand to reach Mount Everest with intelligent driving. Since its launch on November 10, Avita 12 has become a new benchmark for luxury smart electric vehicles in the world with top design, top luxury space and top intelligence, and its sales have repeatedly reached new highs. According to the official news of Avita Technology, in November this year, Avita 11 delivered 4,080 units, and Avita 12 orders exceeded 20,000 units.

Under the empowerment of Changan, Avita will also keep pace with the times and continue to meet the users’ escalating travel needs with its evolving intelligent strength.





Editor’s note:Future industries, including the meta-universe, are an important opportunity to seize a new round of scientific and technological revolution and industrial transformation, and an important starting point for leading development. Since 2021, Metauniverse has become a popular new outlet of Internet industry, and it is constantly evolving driven by innovative technologies such as content production, scene construction, virtual-real interface and authentication mechanism. China Electronic News published a series of reports on the development trend of metauniverse technology, interviewed authoritative experts, scholars and leading enterprises, and analyzed the marginal changes caused by key technologies to the development of metauniverse, so please pay attention.
The highly sought-after metauniverse seems to have entered a period of pain after the explosion of fire. Especially in recent days, the news of NFT "ebb tide", virtual real estate "dumb fire" and the dissolution of Dachang Yuanhu team has made many people doubt the subsequent development of Yuanhu. In sharp contrast, the wave of AIGC (Generative Artificial Intelligence) technology represented by the big model swept the world, and the topic continued to be hot. This has caused many people to question: Is the Metauniverse "out of breath"? Is AIGC and the Metauniverse "complementary" or "complementary"? Next, will there be any new stories? Many industry experts believe that the relationship between the two is not competitive. On the contrary, AIGC is continuing to write a new chapter for the meta-universe.

AIGC opens a new era of "national creation"
To build a meta-universe, a large number of digital contents including various virtual scenes, objects, characters and events need to be filled first. Previously, the lack of content was considered as one of the core challenges faced by the meta-universe. However, the popularity of AIGC has subverted this situation.
AIGC, or AI Generated Content, refers to the use of artificial intelligence technology to generate various forms of digital content, such as images, audio, video, text, 3D models and so on. It is considered as a new way of content creation after PGC and UGC. Like the recent popular "anime face", "AI painting", "digital person" and "chat robot", it is inseparable from the support of AIGC technology.
Baidu CEO Li Yanhong publicly stated that in the next 10 years, AIGC will subvert the existing content production model. It is possible to generate AI original content at a cost of one tenth and a production speed of one hundred times and one thousand times.
Unlike human creators, AIGC uses artificial intelligence models to learn the patterns and structures of existing data, and generates new content according to input conditions. This allows it to generate a large number of high-quality content quickly and stably without being limited by the number and ability of human creators, time, cost, skills, inspiration and other factors, thus greatly improving production efficiency.
At the same time, AIGC can also customize personalized content according to users’ needs and preferences, so as to better meet people’s demand for content differentiation and customization in the meta-universe. For example, in Horizon Worlds, a social meta-universe, users can automatically generate a unique virtual image through AIGC technology without any design or programming skills, just by inputting their desired features such as hair style, clothes and appearance.
In addition, AIGC can also use artificial intelligence model to realize intelligent dialogue and generation between content and users, enhance user participation and content interaction, and further optimize the immersive experience of the meta-universe. For example, GET3D, introduced by NVIDIA, allows users to generate a 3D scene by inputting words or voices, and can interact freely in it.
Professional AIGC tools can not only improve the productivity of creators, but also significantly reduce the technical threshold for turning ideas into reality. At the 2023 Game Developers Conference held not long ago, Epic, Roblox, etc. have launched related tools to create meta-space by using AIGC technology.
Recently, OpenAI, which is in full swing, is also promoting AIGC to generate 3D content. The AI-oriented construction tools of metauniverse make creation an attraction for users to enter the metauniverse.

8K 3D VR Yuan Universe Live Room
Forrester analyst Lu Guannan said: "AIGC will make a more significant contribution to the existing content production process, improve the efficiency of content production, lower the threshold of content creation, and even make the creative process civilian. The content creation method supported by AIGC will become one of the important tools to solve the problem of content shortage in the meta-universe. "
However, he also pointed out that it is still difficult to say that AIGC is the optimal solution to solve the problem of metauniverse content, because many enterprises are still exploring the content requirements of customers for metauniverse scenes, and it is still uncertain which content requirements can be met through AIGC related tools or processes.
Open the meta-cosmic technologyimaginary space
From the technical dimension, the outbreak of AIGC in this round mainly benefited from the progress of algorithm technology, including deep learning algorithms such as confrontation network, flow generation model and diffusion model. The functions of various algorithms cover the selection of data weights, the construction of data samples from noise, the translation of texts in different languages, and the matching of image and text feature values. These technologies are in the same strain as the underlying core technologies of the meta-universe.
"To realize such a huge and complex virtual world as the Metauniverse requires the support of various cutting-edge technologies, and it is a long-term and gradual process. In order to get a close-to-real experience in the meta-universe, it is not enough to have only human players, but also an infinite number of virtual scenes, intelligent NPCs, story engines, etc., which can only be achieved by relying on AIGC. " Guo Wilderness, deputy general manager and technical director of Ali Yuanjing, said. He believes that in fact, from the beginning of ChatGPT and large model technology, it has reached a qualitative change.
When collecting the latest progress of the Meta-universe, the reporter learned that ImageBind, the latest open-source multi-sensory AI model of Meta on May 16th, has been able to take vision as the core, combining text, sound, depth, heat (infrared radiation) and motion (inertial sensor), and finally achieve arbitrary understanding and conversion between the six modes.
Meta said that ImageBind can be applied to various modes and tasks with little training. If combined with other AI, it can also achieve cross-modal generation. For example, if you hear a dog barking, draw a dog, and give the corresponding depth map and text description. It can even perform operations between different modes, such as "bird image+sound of waves", and get "bird image at the seaside".
ImageBind shows the possibility of artificial intelligence generating multi-sensory perception in the future, which opens the door for designing and experiencing the immersive virtual world, which means that people are one step closer to the imagined meta-cosmic world.
"The breakthrough of AIGC technology has brought more help to the development of the metauniverse," said Fan Xiao, founder of Shanghai Weixiang Space-Time. "The metauniverse based on spatial computing and spatial AIGC can break the uniqueness and monotony of physical space and give it greater imagination and incremental value. We can polish the model closer to the real system and make the digital experience that once existed only on the Internet appear offline. "
Talking about the technical route, Lu Guannan analyzed that from the perspective of recent development, the quality of text-generated pictures has been improved based on the model of Diffusion, which has aroused the industry’s attention to AIGC; Then, because OpenAI publishes ChatGPT, it is proved that GPT model and RLHF can significantly improve the semantic understanding and text production ability in the process of conversation. Both Diffusion model and GPT model belong to large model or basic model, which is also one of the deep learning algorithms.
Compared with the previous generation model, the size of the current mainstream AIGC model has also increased significantly.
"For the metauniverse, new AI technologies can improve existing scenes and even create new ones. Like other technical fields, AIGC or generative artificial intelligence technology will have a significant impact on existing technical fields. " Lu Guannan said.

China Central Broadcasting and Television Station VR 3D Image Drawing Technology Exhibition Area
AIGC empowermentThe story of the metauniverse continues.
In fact, the controversy about the metauniverse has always existed. Recently CEO Ed Zitron, CEO of technology and commercial public relations company, publicly stated that Metaverse has died out and been abandoned by the business community, and investors have already turned to the fiery artificial intelligence. Tim sweeney, CEO of Epic Games, a game production company, countered Ed Zitron’s statement with the number of "600 million monthly lives". Previously, Roblox, the first share of the Metauniverse, disclosed in the latest financial report for the first quarter of 2023 that its daily active users once again hit a new high, increasing by 22% year-on-year to 66 million.
According to the latest White Paper on Ecological Development of Metacosmic Industrial Chain (2023) released by CCID Research Institute, by 2025, China will form a metacosmic industrial scale of nearly one trillion yuan. In terms of new technology infrastructure, generative artificial intelligence (AIGC) represented by ChatGPT has become an important trend of AI development at present and in the future.
From the perspective of the global market, the report of market research company Research and Markets shows that the Meta-Universe market is expected to achieve a compound annual growth rate of 40% during the forecast period (2022-2030), and the market revenue will reach 700 billion US dollars by 2030. Analysis Group, an international consulting firm, said that from 2022, the Metauniverse will make great contributions to the world economy. The contribution to global GDP in the next decade to 2031 can reach 3 trillion US dollars.
Lebaredian, vice president of Omniverse in NVIDIA, is optimistic about the future of the meta-universe. He said that it is expected that in ten years or earlier, a mature model that can create high-quality 3D content only through human-computer communication will be born in the market. The progress of artificial intelligence technology will provide more and more rich details and corresponding operation options for building a customizable virtual world. By then, the AIGC with a market valuation of trillions will better support the Meta-Universe circuit, drive the collaborative innovation of upstream and downstream industrial chains, and continuously inject vitality into the development of the Meta-Universe.
However, at this stage, challenges still exist. Lu Guannan pointed out that, firstly, for the existing AIGC service, how to reduce the cost and improve the response speed is the key to further expand its influence; Second, the usage scenario of AIGC in the industry is still in the exploration stage, and enterprises still need to invest some resources to explore how to integrate existing products with AIGC; Thirdly, the development of generative artificial intelligence technology has begun to optimize around more subdivided tasks such as picture generation, text generation and code generation, and in the process, it has explored commercialization modes, but it is still difficult to predict the time point of large-scale commercialization.
He suggested that from an industry perspective, regulators need to further clarify and refine the power and responsibility of generative content services. The platform side or service provider needs to provide tools to identify or improve the generation results of AIGC. The provider also needs to guide the platform users according to its own usage specifications. In terms of corporate and personal use, it is also necessary to actively pay attention to compliance and avoid potential copyright risks.
According to the technology maturity curve, the emergence of each new technology will go through five stages: birth period, bubble period, trough period, recovery period and maturity period. The birth of metauniverse is not a flash in the pan, but the innovation and change brought by the development of a new generation of information technology, which is the beauty of people’s digital life.Good imagination and expectation. As the main force of future content generation, AIGC will continue to write a new chapter for the "breaking first and then standing" of the meta-universe.
Editor Liu Jing
Mei bian ma Li ya
Future industry is an important engine of new quality productivity, representing the long-term development direction of science and technology and industry, and can form an important support and great driving role for the national economy. This year’s government work report pointed out that it is necessary to establish a growth mechanism for future industrial investment and cultivate future industries such as bio-manufacturing, body intelligence and 6G. To this end, Zhaopin Recruitment analyzed the supply and demand of talents in the future industry based on the big data of recruitment and job hunting in February.
Bio-manufacturing: the recruitment of pharmaceutical engineers increased by 40%, and the average monthly salary of pharmaceutical synthesis posts was 15,633 yuan.
In recent years, rapid progress has been made in the field of biological manufacturing, especially in the application of microbial synthesis in green chemical industry and drug research and development, additive manufacturing technology in the production of personalized medical implants, and the application of biomaterials in the fields of energy and environment. The rapid growth of market scale has driven the demand for talents to increase.
According to Zhaopin’s recruitment data, in February 2025, the number of positions for pharmaceutical engineers, pharmaceutical synthesis engineers and polymer materials engineers increased by 38.9%, 12.8% and 6.2% respectively. In terms of the year-on-year growth rate of the number of job seekers, these occupations have increased greatly, with growth rates of 243.9%, 130.2% and 125.4% respectively; The average monthly salary for recruitment is 15,633 yuan for pharmaceutical synthesis engineers and 13,919 yuan for polymer materials engineers, and 9,358 yuan for pharmaceutical engineers.
Embodied intelligence: robot algorithms and industrial robot engineers are booming in supply and demand.
Embodied intelligence refers to the ability of intelligent system to realize learning and reasoning by interacting with the environment and using the body’s perception and movement ability. Compared with artificial intelligence, it relies more on abstract symbolic calculation, and embodied intelligence emphasizes the integration of artificial intelligence into physical entities such as robots, so the related occupations of embodied intelligence are mostly related to robots.
According to Zhaopin’s recruitment data, in February 2025, the recruitment demand of robot algorithm engineer, robot debugging engineer and industrial robot engineer increased by 41.4%, 57.5% and 6% respectively, and the average monthly salary was 25,786 yuan, 9,115 yuan and 12,653 yuan respectively. Broad development prospects and generous salary have attracted a large number of talents to invest in the field of body intelligence. The number of job seekers in the three positions has increased by 204.7%, 245% and 168.3% year-on-year, with both supply and demand increasing.
The competition for the 6G track started, and the demand for telecom network engineers surged by 279%.
This year, 6G first appeared in the government work report, and the layout of 6G in various places has also been opened. The Beijing Municipal Development and Reform Commission said that it will lay out the 6G industry ahead of schedule; Shanghai also proposes to strengthen the forward-looking, strategic, systematic and driving research layout around strategic frontier areas such as 6G. From April 10th to 12th, 2025 Global 6G Technology and Industrial Ecology Conference will also be held in Nanjing.
In the job market, in February 2025, the recruitment of telecom network engineers increased significantly, reaching 279%, and the number of job seekers also increased by 563.4% year-on-year. With the acceleration of informatization and digitalization, enterprises pay more and more attention to network infrastructure construction and network security protection, which provides a broad employment space for telecom network engineers. The recruitment of core network engineers and base station engineers also increased by 40-60% year-on-year. (Economic Daily reporter Gu Yang)

Interface journalist |
Interface news editor | Jiang Yiman
"Shuffle is inevitable, the only difference is the strength."
"Out of the water, beauty dying. The brokerage research institute has a sense of decline. "
"There are too many changes, and it is too fast. After seeing a news for two days, another research institute has to change people."
"Some people jump ship for better opportunities; Others are forced to leave to find new opportunities. "
In the face of the recent news of personnel changes from a number of brokerage research institutes, people in the industry have issued various sighs. These changesIn China, the management turnover of brokerage research institutes has increased significantly, among which there are many changes in industry benchmark figures. At the same time, the frequent job-hopping of star analysts attracts people’s attention, and it is not uncommon to take the original team "group" to a new owner.
In addition, ordinary analysts are also surging silently in this wave of personnel turmoil.
The continuous personnel adjustment has made the atmosphere of the seller’s circle, which was already caught in the dilemma of commission reduction, layoffs and declining income, more and more tense. Frequent personnel changes, why did it happen at this time?How will the pattern of seller’s research institute evolve in the future?
"The flow of talents is increasing. Under the background of the industry of commission reduction, some contradictions will indeed be re-exposed." Recently, a director of the brokerage research institute told the interface news.
Since the beginning of this year, brokersThe personnel changes in the institute have increased significantly. According to the data of China Securities Association, there were 50 changes in analyst information in February alone. Among them, the brokerage research instituteThe change of the director is particularly interesting.
In February, Li Junsong ceased to be the director of the Capital Securities Research Institute, and Wei Zhichao, the chief economist, became the head of the company’s research and development department, and now he has presided over the work of the department.
It is worth noting that in the recent frequent changes in the management of the seller,There are many industry benchmarking figures.
On March 1st, Guotai Junan Institute held a conference, at which it was announced that Huang Yanming would no longer serve as the director of the Institute, but be the dean of Guotai Junan Finance College, a member of the Wealth Committee and the chief strategy officer.
Huang Yanming is known as the "general teacher of A-share research" in the industry and has been the director of Guotai Junan Research Institute for more than ten years. heThe self-created "three flowers" theory and the "2+1" thinking of securities research also have a wider influence in the industry.
It is reported that the School of Finance is mainly responsible for all kinds of training within the company, especially for investment training. It can be seen that Huang Yanming bid farewell to the Institute and embarked on it.The road of "turning from outside to inside"
In the same month, Zhou Liqian, former director of Hua Fu Securities Research Institute, stepped down.As a member of the Party Committee of Xingyin Growth Capital Management Co., Ltd.
At the same time as the director changes, star analysts are also frequently flowing.
In addition, Dai Chang, the chief automobile officer of Industrial Securities Research Institute, took the post of deputy director and chief automobile officer of Xinguohai Securities.
It is worth noting that the phenomenon of analysts’ "group" job-hopping occurs from time to time. Guohai Securities Research Institute, which just entered the "100 million yuan club" last year, recently experienced a collective job-hopping: Sheng Changsheng, Sun Bowen, Peng Qi and Jing Danyang, the former building materials construction team of Guohai Securities Research Institute, joined Hualong Securities Research Institute, Sheng Changsheng served as the director of the institute, and Sun Bowen planned to serve as the assistant to the director; Yang Yang, chief analyst of Guohai Securities Public Utilities and Small and Medium-sized Team, joined the company and plans to be the deputy director.
Interface news query on the website of China Securities Industry Association found that the practice registration information of many former chief analysts of changjiang securities Research Institute has changed, mainly including Bao Chengchao, former chief strategist of changjiang securities, Gao Deng, former chief analyst of automobile industry, Guan Quansen, former chief social service analyst Gao Xu, and former military industry analyst Wu Shuang.
Regarding the phenomenon of analysts’ group job-hopping, insiders said: "Under the light asset model, the competition of brokerage research institutes is manifested in the competition of talents. In the field of seller research, star analysts have significant influence. However, the alternation of old and new teams often takes a lot of time and energy and needs to be re-run-in. This has also led some analyst teams to choose to leave, because cooperation in familiar teams usually gets twice the result with half the effort. "
"In the field of research and general analysis, leaders and analysts will go through the process of selection and being selected. The strong can be retained, while those with insufficient adaptability face elimination. This is a long-standing law in this industry. " A brokerage chief said.
"People who have finished leaving and joining are usually paid more attention, while those who are looking for opportunities are surging in the dark." A director of a medium-sized brokerage research institute revealed to the interface news.
He said: "From years ago to now, I have been talking and interviewing in various ways. Some people leave their jobs voluntarily in order to find better opportunities; Others were forced to leave to find new opportunities because of their poor performance in the original company. "
"At present, the number of brokerage research institutes is continuing to be streamlined, and colleagues have been laid off and their salaries have been reduced. Everyone is under great psychological pressure." Some brokerage analysts said.
Interface news learned that the market is not good and the competition is becoming more and more fierce, and the brokerage research institute is under pressure, and this pressure is constantly transmitted to employees.
"The market is not good, and various brokerage research institutes are studying the end elimination scheme. Some head brokers have started to try out similar schemes. If the assignment is not up to standard, the company will dismiss or transfer posts on the grounds of’ incompetence’ or’ poor performance’. " A brokerage chief told the interface news.
He said that the company has to make an internal defense for employees with less than 1% of the distribution points, so it is usually under great pressure.
The so-called "distribution system",It refers to an assessment mechanism of securities investment consulting services provided by the buyer’s institution to securities firm researchers. Whoever has valuable research will get higher points, and the brokerage will get higher commission.The main source of income for domestic brokerage research institutes is Public Offering of Fund’s sub-warehouse commission.
Relevant people commented: "The situation of Guosheng may not be a case in the industry, and more radical small institutions or platforms may tend to adopt this approach."
"When the industry is facing difficulties, business areas such as brokerage, self-management and investment banking will shrink. In the ecosystem of securities firms, research institutes are not the main profit-creating departments, and the research institutes of domestic securities firms are usually in a state of breakeven, and the operating costs are relatively high. Therefore, when the market is not good, it is inevitable to make post adjustments. " Director of Hua Zhongyi Medium-sized Brokerage Research Institute told the interface news.
Commission reduction and fee reduction are regarded as catalysts for the turmoil of industry personnel.
"At the moment, the seller’s personnel are loose and come to a peak. Commission reduction is the core reason, and the original profit model under strong supervision has begun to work. In addition, another important factor is the long-term downturn in the market. Brokers have no money to burn, and researchers must bear the brunt. " Some practitioners from the brokerage research institute told the interface news.
A senior analyst told Interface News: "The staff of the Institute has changed greatly, mainly due to lowering the commission rate of securities trading in Public Offering of Fund and lowering the upper limit of the commission distribution ratio of securities trading, so the Institute cannot contribute to the company’s high income."
On July 8, 2023, the head of the relevant department of CSRC answered a reporter’s question on Public Offering of Fund’s rate reform, and said that according to the actual development of the industry and the needs of investors, CSRC has formulated a work plan for Public Offering of Fund’s industry rate reform, which combines supervision, guidance and promotion with the initiative of the industry, guides Public Offering of Fund’s industry to carry out the rate mechanism reform steadily and orderly, and supports Public Offering of Fund managers and other industry institutions to reduce the fund rate reasonably.
The non-bank team in TF Securities pointed out that the average commission rate in the market was 0.023% in 2022 and 0.021% in the first quarter of 2023, which means that the commission rate for public offering will be reduced to around 14,000, a decrease of nearly 50%.
"According to the data in 2022, we expect that the overall public offering commission will give investors about 9.5 billion yuan, accounting for 2.4% of the brokerage’s revenue in 2022; Some brokers with relatively high research business income are greatly affected. " TF Securities thinks.
According to the calculation of the non-bank financial team of Ping An Securities, based on the revenue and profit of the securities industry in 2022, the decline in brokerage commission will lead to a 2.1% decrease in industry revenue and a 5.7% decrease in net profit.
Assuming that the percentage of the brokerage commission decrease of listed brokers is the same as that of the industry, the revenue decrease of head brokers is basically around 1%, and the performance of some small and medium-sized brokers featuring seller research may have a relatively great impact. For example, TF Securities and changjiang securities estimate that the revenue decrease is about 12.9% and 6.4% respectively.
Industry insiders worry that the overall purchasing power of fund companies may decline under the general environment of reducing commissions and fees.
"This will lead to more brokers willing to reduce the transaction commission to attract customers, thus triggering a new round of To B commission war." A non-bank analyst of a medium-sized brokerage in North China told the interface news.

Wind data shows that head brokers with strong comprehensive strength, such as CITIC Securities, CITIC Jiantou, Guangfa Securities, China Merchants Securities and Guotai Junan, have the highest ability to obtain sub-warehouse commissions. Changjiang securities, TF Securities, Zheshang Securities, soochow securities and other characteristic securities firms with strong research strength have also gained a considerable share in the market.
"Although the sub-warehouse commission income only accounts for a small part of the total income of the securities industry, it is still an important source of profit for brokers mainly engaged in research business. This rate reduction has had a direct impact on most brokerage research institutes. " The person in charge of a large brokerage research institute in Beijing said.
"In addition to the research service itself, the commission paid by the institution also includes the cost of product sales and soft services. Usually, research expenses account for about 30%-40% of the total commission, and some brokers set the commission distribution ratio of investment and research services, channel consignment rebates and inclined shareholders to 40%, 40% and 20%. " The head of a large brokerage research institute in East China told the interface news.
"In contrast, the proportion of large brokers in commission income is not high, while the competition for market share of small and medium-sized brokers will be more intense." The person said.
In addition, there are frequent changes in brokerage researchers, and some reasons areIn recent years, the number of employees has been growing.The state of "supply exceeds demand" has also led to serious volume in the industry.
Choice data shows that by the end of January 2024, the number of analysts registered with the Securities Industry Association had reached 4,636, an increase of over 700 over the same period of last year; At the same time, the number of brokerage research institutes with a scale of more than 100 people has also increased from 6 in 2019 to 13 in 2024.
"The number of analysts who have left and re-searched for opportunities has increased significantly, which has also given the impression of external talent surplus." A brokerage chief said.

In fact, the personnel changes in the brokerage research institute have intensified, which further reflects that the pace of transformation and reform in the brokerage research institute is accelerating.
There have been many discussions in the industry about the transformation of the institute.Among them, there are many ways to explore, including cooperating with internal services and gradually changing the absolute dependence on the commission of public offering. Previously, a number of brokers emphasized in their financial reports that they should improve the efficiency of research transformation, coordinate internal and external empowerment, and explore diversified income models.
Dongxing securitiesChief analyst of non-bank financial industryLiu Jiawei believes: "In the profit structure of brokerage research institute, the proportion of income brought by research services will continue to increase and eventually reach a very high value. At the same time, it is inevitable to provide internal services, especially for brokers whose shareholders are group companies. "
However, at present, the profit contribution of collaborative business is less, and the brokerage research business mainly depends on the commission of sub-positions.
"The future development prospect of the research institute’s inward service is actually unclear. How to coordinate and run in with various departments is a great test. For the researcher personally, the salary assessment system will also change. Even if it is transferred to the interior, it is inevitable to reduce the salary in the current environment." Some brokerage analysts said.
He believes that for individual researchers, it used to be one of the common paths of career development to change jobs from "seller" to "buyer". However, if the research institute turns to internal service, researchers may not be able to contact institutional investors, and it is difficult to see the market performance of the research results.
Liu Jiawei said,It is still difficult to realize the mode of making profits solely by internal services for the time being. Large brokerage firms have relatively more resources and high quality, while small and medium brokerage firms are more dedicated to services. But no matter how big or small, it is a long-term solution only if you can get income continuously and stably.
Jiang Han, a senior researcher at Pangu think tank, believes that the reform and transformation of brokerage research institutes can be exerted in many ways. First of all, in the face of the new situation, the brokerage research institute can consider transforming into a research institution that pays more attention to depth and professionalism, and strengthen the research on specific sub-sectors or themes. Secondly, by integrating internal resources, the institute can strengthen the linkage with other business departments, provide integrated financial service solutions, and improve the added value of services. Thirdly, brokerage research institutes should actively embrace digital transformation, use advanced technologies such as big data and artificial intelligence to improve research efficiency and quality, and develop intelligent investment research tools and platforms to provide customers with more convenient and efficient service experience.
In the eyes of the industry, under the background of Public Offering of Fund’s commission reduction and fee reduction, the research business is facing the problem of reduced income and intensified personnel turnover, which will have a far-reaching impact on the seller’s competition pattern and business layout.
"Under the general trend, the head brokerage research institute with a certain scale is no longer limited to the competition of sub-warehouse commissions, but more attempts are made to develop in the direction of integrated financial services. Internally, they cooperate more closely with business departments such as self-management, asset management and investment banking; Externally, they strengthen the coverage of industrial research and large asset management to expand the scope of their own research. " The person in charge of a large brokerage research institute in Beijing said.
He believes that from the perspective of the future development pattern of the institute, the trend of investment banks and institutions becoming more and more obvious, and the trend of decentralization of the institute in the past is also changing.
BEIJING, Dec. 22 (Xinhua) According to Bloomberg News, on the 21st local time, US President Biden’s campaign manager said in a memo that Biden’s campaign team would regard the 2024 election as a repeat of the 2020 election, and outlined its possible strategy of re-confrontation with Republican frontrunner Trump.
According to reports, Julie Chá vez Rodriguez, campaign manager of Biden’s team, said in the campaign memorandum released on the 21st that "our attitude towards the 2024 general election is that this election can determine the fate of American democracy. Trump’s threat to American democracy in 2020 will only become more terrible. He is carrying out a campaign of revenge at the expense of American freedom. "
Data map: US President Biden. China News Service reporter Chen Mengtong photo
According to the report, the memorandum did not outline any major changes in the campaign strategy, but extensively refuted the criticism of Biden’s age and economic treatment. The election manifesto turned democracy into the central argument of Biden’s re-election and played down the economic problems that have been affecting Biden’s support rate.
A joint poll conducted by Bloomberg and American Morning Consulting in December showed that Biden lagged behind in all seven swing states that helped determine the election results, and voters said they trusted Trump more on most economic issues. Polls found that Biden’s strengths-social security, abortion, health care and democracy-were highlighted by the campaign team in the memo.

The official earthquake early warning platform of Sichuan Earthquake Administration was launched. (Puzzle) Photo by Liu Zhongjun
Chengdu, May 12 (Reporter Liu Zhongjun) On May 12, the 15th National Disaster Prevention and Mitigation Day, the official earthquake early warning platform of Sichuan Seismological Bureau was officially launched, and the platform realized earthquake early warning through WeChat WeChat official account and applet.
It is understood that the number of monthly active accounts of WeChat and WeChat reached 1,313.2 million. Pushing earthquake warning through WeChat has the characteristics of wide coverage, high speed and simple operation. Sichuan Seismic Station is connected with the early warning data of China Earthquake Early Warning Network, realizing the coverage of second-order earthquake early warning information in Sichuan. Receiving early warning information through WeChat subscription can reach as many users as possible. The template message reminded by WeChat can support 500,000 times of high concurrent push per second, which greatly shortens the time difference when the earthquake wave warning reaches the user’s mobile phone. Wechat access to early warning messages will help more users receive accurate earthquake warning messages in time and make effective responses.

The official earthquake early warning platform of Sichuan Earthquake Administration was launched. (Puzzle) Photo by Liu Zhongjun
People can subscribe to early warning information by paying attention to WeChat official account or searching for the applet "Sichuan Seismological Station", or by scanning the QR code to set the receiving area of early warning information.
The process and application scenario of earthquake early warning service based on WeChat WeChat official account meet the requirements of national technical guidelines and regulations on earthquake intensity quick report and early warning project in terms of early warning level, release rules and early warning response, and realize the appropriate matching between the national early warning project and the external interface of WeChat platform. This time, WeChat accesses the early warning data of Sichuan Seismic Station to provide users with official authoritative reminders and more accurate and timely seismic wave information.
In addition, Tencent will make full use of the advantages of WeChat WeChat official account, video number, applet, search-and-search, enterprise WeChat, QQ, etc. to provide the public with better public services of pre-earthquake science popularization, epicenter early warning and post-earthquake rescue. At present, Tencent Map has launched the "Sichuan Emergency Shelter Map" with Sichuan Province as the first pilot. Users can search for "Sichuan Emergency Refuge" on Tencent Map App, and they can quickly check the nearby refuge points, including thousands of points in Sichuan Province, and they can go to the nearest safe place with one-click navigation. (End)