() Financial Research Center On November 17th, some investors asked (), Hello, Secretary Dong, do you have any air-conditioning products for cars in Gree Electric?

　　The company replied, Dear investors, hello! Gree Electric has cut into the field of automobile air conditioning since 2016. At present, it has launched new energy bus air conditioning, new energy logistics vehicle air conditioning and other products, as well as the battery thermal management system of new energy bus air conditioning. Thank you for your attention to the company!

Yesterday, the All-China Federation of Trade Unions criticized Foxconn by name, saying that Foxconn worked overtime illegally, which caused some workers to have various mental health problems such as anxiety, depression and depression, leading to karoshi or suicide from time to time. Foxconn’s illegal overtime work is not a cold day. Behind Foxconn’s illegal overtime work are actually more profound social and economic issues such as corporate profit model and demographic dividend. The Federation of Trade Unions pointed out that Foxconn’s illegal overtime work belongs to quick success and instant benefit, which is easy to trigger mass incidents.

Foxconn was criticized for illegal overtime work.

Around 2010, Foxconn committed suicide by jumping off a building in mainland China, which aroused strong social concern. Since then, Foxconn President Guo Taiming has repeatedly improved the treatment of Foxconn employees and relaxed the environment. I don’t want Foxconn to work overtime illegally and be criticized by the All-China Federation of Trade Unions. Ironically, Observer.com once reported that Foxconn employees had less income due to less overtime work, which triggered protests and demanded overtime work.

On the morning of the 2nd, the Press Center of the All-China Federation of Trade Unions held a press conference to promote the legalization of trade union work and strengthen the labor legal supervision of trade unions. Jun Guo, secretary of the General Secretary’s Office and Minister of Legal Affairs, said at the meeting that some enterprises violated the provisions of the Labor Law and there was a serious phenomenon of overtime work. For example, some enterprises such as Foxconn illegally arranged workers to work overtime for a long time, which caused some workers to have various mental health problems such as anxiety, depression and depression, leading to karoshi or suicide from time to time.

Jun Guo said that in recent years, with the in-depth development of China’s socialist market economy, labor relations have become increasingly diversified and complicated, deep-seated contradictions have gradually emerged, the number of labor disputes has been running at a high level, and mass incidents of employees have occurred from time to time. While labor relations are generally stable, there are also many problems that need to be solved urgently. Some enterprises do not pay overtime wages according to the law. Some enterprises arrange workers to work for more than ten hours a day, and there are few normal rest days. Some private enterprises and small and medium-sized enterprises have not implemented the paid annual leave system.

Jun Guo pointed out that in some places, one-sided pursuit of GDP, quick success and instant benefit of enterprises, imbalance between labor and capital, and lack of labor supervision are important reasons. Many enterprises can learn from Foxconn. By working overtime, enterprises can gain more profits and become one of the top 500 companies in the world. Workers are unwilling to choose to solve labor disputes through legal channels for fear of procrastination, and take excessive actions, which has led to many group disputes and collective petitions.

Since 2007, there have been 13 cases of abnormal deaths of Foxconn employees. In less than five months in 2010, more than 10 employees chose suicide as an extreme way to bid farewell to this place that once made them full of hope. Looking back 30 years, China’s economic achievements are inseparable from its dependence on the demographic dividend, and Foxconn is a typical beneficiary. A large number of cheap and surplus migrant workers in southern cities of China provide low production costs for multinational companies’ factory transfer, and OEM is the most typical type of company that relies on the cost advantage model. Guo Taiming, founder of Foxconn, honestly explained the secret of the company’s prosperity: Foxconn’s rapid growth relies on "fourth-rate talents, third-rate management, second-rate equipment and first-class customers". However, times have changed, and this cost model, together with the fate of the country, is undergoing a severe test.

Review of Foxconn jumping off a building;

On November 5, 2010, a 23-year-old male worker in Foxconn Shenzhen Park committed suicide by jumping off a building.

In the early morning of May 27th, 2010, another employee committed suicide. It was verified that a male employee of about 20 years old did commit suicide by cutting his wrist in the dormitory area of Foxconn Hongtai at about 4 am. After being sent to Longhua People’s Hospital for emergency rescue, this employee is no longer life-threatening. "

On May 26th, 2010, at 11: 00 pm, the 12th employee jumped off a building in front of RT Mart Shopping Mall in Shenzhen Longhua Factory, and there was still blood. The deceased was a male in C2 dormitory. It is said that at 11: 32 pm on May 26, 2010, he received a phone call from an employee named Foxconn Yiye, saying that he saw a man lying on the ground at the entrance of the accommodation office of D2 dormitory building in Foxconn Longhua Park 10 minutes ago, and the scene was blocked.

In the early morning of May 25th, 2010, an employee of South China Training Center in Guanlan Park of Foxconn Technology Group fell to his death.

At 4: 50 on May 21, 2010, the "10th Jump" occurred in Foxconn that year, and the deceased was a 21-year-old male employee.

On May 14th, 2010, in Fuhua Dormitory near the north gate of Shenzhen Foxconn Longhua Factory, a Foxconn employee surnamed Liang fell to his death in the evening, and he was 21 years old.

At 7 o’clock on the evening of May 11th, 2010, in a residential building in Lane 11, Shuidou Fuhao New Village, Longhua Street, Baoan District, Shenzhen, a woman who rented the building suddenly climbed to the top of the eighth floor, then jumped down without saying a word and fell to the ground motionless. After that, 120 emergency personnel arrived at the scene to confirm that the woman had died.

At 4: 30 am on May 6, 2010, Foxconn reappeared the tragedy of jumping off a building. A 24-year-old male employee who had been employed for less than a year jumped off the balcony of the sixth floor room of Foxconn Longhua Headquarters Guest House, ending his young life.

At 5: 30 pm on April 7, 2010, an 18-year-old female worker surnamed Ning from Yunnan, Foxconn Guanlan Factory, fell to her death from the dormitory building outside the factory.

At 3 o’clock in the afternoon on April 6th, 2010, a female worker surnamed Rao from Jiangxi, who was under 19 years old, fell from the 7th floor of the dormitory building in Guanlan Factory of Foxconn, and was still being treated in the hospital.

At 3am on March 29th, 2010, a 23-year-old Hunan male worker who graduated from Xiangtan University in Foxconn Longhua Park was found dead in the aisle on the first floor of the J1 building of the dormitory building, and was later identified by the police as "falling to death before his death".

At 8 am on March 17, 2010, a woman surnamed Tian in Foxconn Longhua Park jumped from the dormitory building and fell.

At 9: 30 pm on March 11th, 2010, a 20-year-old male worker surnamed Li from Foxconn Longhua Base fell to his death on the 5th floor of C2 dormitory building in the living area.

On January 23rd, 2010, Ma Xiangqian, a 19-year-old employee, died in the dormitory of Foxconn South China Training Office.

On May 11th, 2013, a male employee of Chongqing Foxconn Fukang New Town Staff Dormitory jumped from the 13th floor and died on the spot.

On January 11th, 2014, a jump occurred in Room 401, Building 5, Tiancheng Apartment, Zhengzhou Airport Port Area, which became the first jump in 2014.

　

　　"Some time ago, Yu ‘ebao adjusted the upper limit of the personal trading account to 100,000 yuan. I was stunned. I was originally planning to deposit 200,000 yuan in the bank card into Yu ‘ebao. The interest on this money in the bank is too low to be worthwhile; Take it to invest, but I am afraid of risks. Yu’ ebao is indeed a good choice. " What Xue Shao, who has just worked for a short time, doesn’t understand most is why there is an upper limit on the deposit amount of Yu ‘ebao, but there is no deposit in the bank account. Is there any difference between the two?

　　With the maturity of Internet payment technologies such as Yu ‘ebao and WeChat Licaitong, more and more young people choose to deposit their spare money in payment accounts. On the surface, there is no difference between putting money in the bank and putting it on Yu ‘ebao and Licaitong: users have personal payment accounts, which are paid at the same time, and the latter can get much higher income than bank deposits.

　　What many people don’t know is that the balance in payment accounts such as Yu ‘ebao and Licaitong is not the same as bank deposits.

　　First of all, from the subject of providing account services, payment accounts such as Yu ‘ebao were originally opened by payment institutions for the convenience of customers’ online payment, and were mainly used for payment settlement of e-commerce transactions. Bank accounts are opened by banking financial institutions for customers for payment, settlement, preservation and appreciation. The two account opening entities are different.

　　Secondly, from the nature of account fund balance, bank deposit is the creditor’s rights of various organizations (including various enterprises, institutions, organizations) and individuals to the bank, which can be withdrawn or transferred according to the agreed conditions, and from the bank’s point of view, it is a debt to depositors.

　　Payment account balance is not a bank’s debt to depositors, but a monetary fund in essence. Take Yu ‘ebao as an example. It is a balance appreciation service launched by Alipay. Its essence is to buy a money fund named "Zenglibao" provided by Tianhong Fund. In the process of users transferring funds to Yu ‘ebao, Alipay and fund companies can complete the process of fund account opening and fund purchase for users in one stop through the system docking, and there is no charge for using Yu ‘ebao to manage money.

　　The Administrative Measures for Online Payment Services of Non-bank Payment Institutions issued by the People’s Bank of China further illustrates the difference between the balance of payment accounts and bank deposits: the balance of funds recorded in payment accounts is different from the customer’s own bank deposits and is not protected by the Deposit Insurance Regulations, and its essence is the prepaid value entrusted by the payment institution for the customer and the ownership belongs to the customer. Although the monetary fund corresponding to the prepaid value belongs to the customer, it is not deposited in the bank in the name of the customer himself, but in the name of the payment institution, and the payment institution initiates the fund allocation instruction to the bank. That is to say, the payment institution deposits the balance of the payment account in its own name in the bank, and it is actually controlled and controlled by the payment institution. This balance is not protected by the deposit insurance regulations. Once the payment institution has operational risk or credit risk, it may lead to customer property loss.

　　Compared with bank deposits, the balance of payment account is more risky and the income is more uncertain. As a monetary fund, Yu ‘ebao and Licaitong are open-end funds that mainly invest in short-term money market instruments. Besides bank deposit certificates, their investment scope also includes short-term marketable securities such as government bonds, central bank bills, commercial bills and corporate bonds with high credit rating. They are supervised by China Securities Regulatory Commission and have the characteristics of high liquidity and low threshold, and the risk of losses is relatively low.

　　After recognizing the difference between the bank account balance and the payment account balance, the public can deal with the funds in hand more purposefully. If you have some idle funds and you are not sure whether you need them in the short term, it is recommended to buy Yu ‘ebao or Licaitong in case of emergency. However, if you have a large amount of money and are unwilling to take risks, it is still recommended to put it in a bank account.

Extreme Yue is a high-end intelligent automobile robot brand under Geely Holding Group. Zhidian Travel has obtained the real shot map and some configuration information of Extreme Yue 07, and the new car will be listed in the second half of the year. Extreme Yue 07 has a length of 4.953m and a wheelbase of 3.013m, which is larger than the main competitor Xiaomi SU7. The new car will be built on the 400V platform, providing single/dual motor power. The entry-level model will match the low-capacity lithium iron phosphate battery pack with a cruising range of more than 550km.

Referring to the new car positioning, it is expected to be cheaper than the medium and large SUV Extreme Yue 01 (the guide price starts at 219,900), and the starting price may be less than 200,000 yuan.

bi-motor

Single motor

Extreme Yue 07 follows the design of family-style door handle without car exterior, and adopts push-button electric door. The front of the car is equipped with the most integrated interactive intelligent headlight in the industry, and the interactive AI pixel lamp, far and near light/steering/day trip/position lamp are integrated in the lamp. The rear of the car is equipped with a boomerang lamp set, a liftable tail wing and a rear camera on the roof.

Single motor

bi-motor

Extreme Yue 07 and Extreme Yue 01 have the same power parameters, with the maximum power of 200kW and 400kW, and the maximum torque of 343N·m and 686N·m, respectively, matching Ferrous lithium phosphate or ternary lithium battery, and the four-wheel drive model accelerates for 3 seconds.

　　BEIJING, June 28 (Xinhua) According to Reuters news, on the 27th local time, at the EU summit in Brussels, the European Council decided to nominate Ursula von der Leyen for re-election as the president of the European Commission.

　　At the same time, the meeting also elected former Portuguese Prime Minister Costa as the next president of the European Council, and nominated Estonian Prime Minister Caras as the EU’s High Representative for Foreign Affairs and Security Policy.

　　According to the report, Italian Prime Minister Silvio meloni abstained from voting on Ursula von der Leyen’s re-election and voted against Costa and Caras, despite his broad support within the EU. She then said on social media that she decided not to support the nominated new EU leaders.

　　In addition, Hungarian Prime Minister Orban voted against Ursula von der Leyen.

　　According to the report, Ursula von der Leyen’s nomination still needs to be voted by secret ballot in the European Parliament. In a short speech, Ursula von der Leyen thanked the leaders who supported her and said that she would now seek the support of the Parliament.

　　According to reports, Ursula von der Leyen is from the center right, Costa is from the center left, and Callas is from the European liberals.

Recently, two of them have screened on social networks.

One is the short "After the Wave" which was produced by actor He Bing and heavily invested by bilibili, and the other is the "Come on, Ollie!" which was produced by uncle Ollie, a red man from Aauto Quicker, and seemed to cost only the editing fee. 》。

Both of them are aimed at the same audience-post-90 s, but they show two completely different horizons and two contents.

When I saw the second release, Toutoujun was testing the new-dazzling world in distant Yunnan. Like many other models listed in recent years, its slogan is also closely related to youth, and the group it faces is precisely this group of post-90 s people in the waves.

When it comes to dazzle world and what is behind it, many people may not be very familiar with it. In fact, this is a fairly young "traditional car company" established in 2014.

Although the age and qualifications are all fledgling, the strength of the two "backers" behind them cannot be underestimated. One is a local government representative composed of Yibin Industrial Development Investment Co., Ltd. and Sichuan Yibin Pushi Group, and the other is a joint stock company.

In other words, in fact, it is a local state-owned enterprise supported by the local government and jointly invested in technology. Its main market is oriented to southwest and south China, which is dominated by Sichuan, and it is also the first truly local state-owned automobile enterprise in Sichuan.

Therefore, for those with the background of state-owned enterprises, the shortage of funds and other issues are not the main contradictions, and it is imperative to launch a hot-selling product that can open the market.

After understanding this background, let’s take a look at this new car. Prior to this, several products introduced adopted the naming method of English letters and numbers, lacking some memory points. Therefore, the brand-new naming method of this new car also represents the determination to seek comprehensive transformation and explore new directions.

As the saying goes, the test drive without looking at the positioning is a hooligan. Therefore, in this test drive activity, Toutoujun also tried to evaluate this car from the perspective of the consumer groups targeted by Hyun Jie to see if it really meets the needs of the groups it is targeting.

The positioning of the whole car is to focus on young consumers, and at the same time to attract other consumers with spending power of 50,000-100,000. Judging from the average salary released by Sichuan Province in 2019, this consumer group occupies its main radiation market.

First of all, for this entry-level field, the most important thing is to haggle over every penny in size. The positioning of this model is an A-class, and its length, width and height are 4400*1831*1653mm and 2632mm.

In the words of the relevant leaders of the marketing department, this is a model that actually has the size of A+. In recent years, such size "leapfrog" treatment is also a popular practice in joint ventures and independent brands, mainly to gain the key impression of cost performance in front of consumers.

And what about the actual experience outside the data? Toutoujun, who is 174cm tall, doesn’t feel crowded in driving and riding, especially the space in the back row is worthy of praise. The floor is not too abrupt, and the distance between the knees and the front row is more than three punches in normal sitting position.

On the other hand, for people over 175cm in height, the head space in the front row is still a little narrow, and the gap between the top of the head and the roof is about 1 punch, which is slightly narrow. The setting of trunk and internal storage space is not very plentiful, and it belongs to the fairly standard type at this level.

Second, what is the appearance of the dazzling world? From Toutoujun’s point of view, it is a model that is quite satisfactory as a whole, with a friendly style and a "careful machine" for young people in details.

Why do you say that? Judging from the overall outline of the car, there is no particularly memorable "explosion point" in the dazzling world. Although there are two mainstream grilles to choose from, they are also the most common formulas at present. Personally, this does not mean that it is doing something wrong, but also taking into account the acceptance and universality of its consumer groups.

In the details, Hyun Jie still showed a little hope to attract young people’s "careful machine". For example, the whole vehicle is a suspended roof with hidden C-pillar design, and the taillights with full penetration at the rear are all intuitive manifestations of this bias.

Comprehensive details, in Toutoujun’s view, the design of Xuanjie in appearance, like space, belongs to the strength that will not lower the overall score, and contains affinity in the rules, which is a type that more than 90% people will not hate, so it is more successful.

After talking about the longboard, we must also talk about the "short board". In Toutoujun’s view, the biggest short board in the dazzling world still appears in the dynamic process of driving.

First of all, the model tested by Toutoujun is an automatic version of 1.5L+CVT, with a peak distortion of 143 N m. In the process of starting, its performance is still very good, and it will not make people feel uncomfortable.

However, in the process of high speed, we can obviously feel the helplessness of "the heart is willing but the strength is insufficient". It’s like a nice guy with a gentle personality. No matter how hard you step on it, it will accelerate at a steady and gentle pace.

This feeling has both advantages and disadvantages. The advantage is that you can get stable output without stepping on the accelerator at a constant speed. The disadvantage is that when you need to overtake or accelerate, you won’t get positive feedback even if you step on the bottom.

In addition, in the process of driving, you can also clearly feel the real feedback of road bumps. According to the data, this model we are riding uses the rear torsion beam type, so the filtering ability of road vibration is limited.

Fortunately, the soft adjustment has saved some comfort, and the overall experience will not be particularly uncomfortable. It can also be regarded as a fairly satisfactory performance in the same level. Another advantage that has to be mentioned is that under such a combination, the need for dazzling is correspondingly reduced, and it is basically stable at the level of 6.5L/100KM during the test drive.

Finally, the most important part of this level of positioning is the configuration.

In the price range of 60,000-80,000, there is not much room to play, and it is even more difficult to make a qualitative difference in terms of power and materials. However, there is still room to play in the configuration of such flexible and diverse parts. It is also the part that allows ordinary consumers to measure "the value of buying is not worth it".

At the configuration level, it can be said that the route taken by Xuanjie is still the one that is the easiest to win the lottery. First of all, the "big" places are all "big" in place: the oversized ones, although unable to be opened, also provide a good and open field of vision; The 18-inch double color belongs to the conscience configuration in this class, which adds a sense of movement to the whole car.

Double 10.25-inch LCD screens, one is the multimedia display above the center console, and the other is the LCD in the driver’s seat. The latter should be the largest level in the same class.

In addition to highlighting the "big" places, Hyun Jie also matches some "scientific sense" configurations that meet the needs of young people. For example, the LCD multimedia screen is equipped with practical apps such as QQ music and Gaode map, as well as voice assistants who can wake up by calling "Hello Wings".

For example, keyless entry function, double USB sockets in the back row, front row function, keyless entry, electric seat adjustment (the test drive model is not equipped with this function), etc., all belong to the "lazy" necessities to meet the needs of young people. As the backbone of young people, 95 later said that it is satisfactory to give priority to these facilities at this price.

Of course, during the test drive, Toutoujun also found some shortcomings in the configuration. For example, during driving, if the glove box of the co-pilot puts too many things, it may be at risk of bouncing off in bumps. Although it may be an individual phenomenon, it also reflects a small common fault of independent brands: the quality of details still needs to be improved.

Back to the original topic, what do the real back waves need, a scooter like Big G or Hyun Jie? The answer is, of course, the former, whether it’s the big G or A8, whether it’s the front wave or the back wave, who doesn’t want to have a more expensive and comprehensive choice?

But in the real life of most people, in the young years, there is far less room for them to choose by themselves. If we put on the real filter of the economic level, then maybe it is much more practical to give an Ollie to show off a dazzling world that can walk instead of walking than the phrase "full of envy" by He Bing on TV.

Therefore, Toutoujun believes that for the products that dazzle the world and focus on young people in third-tier and below towns with the same positioning, they can meet the needs of daily travel and travel, and also meet the carrying needs of one person to one family; When recruiting friends and companions, it is enough to run through the taillights and satisfy a little vanity, voice assistants and ample charging ports before and after will not be boring.

After all, the happiness of most real Houlang people is often so unpretentious and realistic.

　　【Introduction]The Report introduces the development achievements of the Internet in China in the past 20 years from 11 parts, including economic transformation and upgrading, public service level, network culture and network security guarantee ability.

　　On the afternoon of December 15th, 2015, the China Internet Development Report (Summary) compiled by China Cyberspace Research Institute was officially released on the eve of the 2nd world internet conference.

The magnificent 20 years of Internet in China

　　Looking back on the 20-year history of Internet development in China, we can see that it has gone through the initial period of foundation, the period of industrial formation and the period of rapid development, and it is now in the period of integration and innovation.

　　Basic initial stage (1993-2000):

　　Opening the prelude to the Internet era in China is also the enlightenment stage of Internet development. Starting from the construction of basic network and key resources, China has gradually built four backbone networks with international export capability-China Education and Scientific Research Computer Network, China Public Computer Internet, cstnet and China Jinqiao Information Network, established China’s national top-level domain name operation management system, and started to provide. cn domain name registration and resolution services. The broad market prospect of the Internet has stimulated the first wave of Internet development in China. A number of Internet companies represented by Netease, Sohu and Sina have been established one after another, and many central key news websites such as People’s Daily and Xinhuanet have been launched one after another.

　　Industrial formation period (2000-2005):

　　Take the road of Internet development with China characteristics. China’s Internet information service system has been gradually established, and Internet enterprises with search engines, e-commerce, instant messaging, social networking and other services have risen rapidly. Business models in major areas such as network access, network marketing, e-commerce and online games have taken shape, and representative Internet enterprises in various fields have grown rapidly, and the industrial pattern of common development of the whole industry chain has basically been established. The number of Internet users in China has quadrupled. In 2005, the total number of Internet users exceeded 100 million (see Table 1), ranking second in the world, initially forming the user scale effect of Internet services.

　　Rapid development period (2005-2013):

　　Broadband network construction has become a national strategy, the number of netizens has maintained rapid growth, online retail and social network services have become the highlights of industrial development, and the rise of mobile Internet has driven the development of the Internet into a new stage. Social networking services are increasingly integrated into people’s daily lives, and "no social interaction, no life" has become the new normal of China netizens’ life. The rapid popularization of smart terminals and mobile Internet applications has promoted the "ubiquity" of the Internet, promoted the integration of online and offline, and stimulated information consumption. China has promoted Internet development and Internet governance to a new height (see Table 2).

　

　　Integrated innovation period (2014- present):

　　Blow the horn of building a network power. The period of integration and innovation is now in progress. Since the 18th National Congress of the Communist Party of China, the CPC Central Committee, with the Supreme Leader as the general secretary, has attached great importance to network security and informatization, made a series of major strategic decisions, such as building a network power and improving the leading system of Internet management, and China’s Internet development has ushered in a period of major strategic opportunities. Internet governance in China is entering a new stage of integration and innovation. It will focus on national security and long-term development, further strengthen the top-level design, improve the governance system, further promote the rule of law, comprehensively strengthen network security, and strive to build a clear cyberspace.

Internet technology industry realizes innovation and leap-forward development

　　China has deeply implemented the innovation-driven development strategy, and achieved major breakthroughs in many fields, such as network technology, mobile chips, intelligent terminals, cloud computing, big data, satellite navigation, etc., and a number of internationally competitive network information enterprises have emerged, initially forming an advanced and independent Internet technology industry system.

　　The independent innovation capability of network technology has been significantly enhanced. Network technologies such as data communication, mobile communication and optical communication technology have continuously achieved innovative breakthroughs, and the first generation of Internet has accelerated its layout.

　　Intelligent terminal manufacturing industry has accelerated its catch-up. As of June 2015, the number of mobile Internet users in China reached 594 million, accounting for 88.9% of the total Internet users (see Table 3).

　　New technologies and applications are constantly cultivated to form new formats. New technologies and applications such as cloud computing, big data, Internet of Things, artificial intelligence and Beidou navigation have continuously made new breakthroughs and ushered in a new climax of industrial development.

Internet accelerates economic transformation and upgrading.

　　China promotes the deep integration of Internet and economy in an all-round way, and new modes and formats of Internet-based integrated development are constantly emerging, which provides new kinetic energy for the speed change, structural optimization and power conversion of economic development, and accelerates the economic transformation and upgrading, quality improvement and efficiency improvement.

　　E-commerce leads the development of Internet economy, and the scale of online retail transactions ranks first in the world. The total transaction volume of e-commerce market in China increased from less than 1 trillion yuan in 2004 to 13.4 trillion yuan in 2014, with a compound annual growth rate of 30.6% in the past ten years.

　　The innovation of Internet information service is active, and the mobile Internet has become the accelerator of Internet information service. In the second quarter of 2015, there were 600 million monthly active users of WeChat and 212 million monthly active users of Sina Weibo. As of June 2015, there were 536 million search engine users and more than 606 million instant messaging users.

　　"internet plus" drives industrial integration and development. O2O has become the most active field of mass entrepreneurship and innovation, and online retailing has driven logistics to become a new billion-dollar industry, with 359 million online payment users. From 2009 to 2014, the compound annual growth rate of third-party Internet payment transactions remained above 50%, and the market scale exceeded 8 trillion yuan (see Table 4).

Internet can effectively improve the level of public services.

　　China pays attention to making use of the universal, convenient and sharing characteristics of the Internet, accelerating the socialized application, promoting the development of e-government, innovating social governance methods, improving the level of public services, and promoting the improvement of people’s livelihood and social harmony.

　　E-government to build online government. In 1999, marked by the launch of the "Government Online Project", the informatization construction of China government entered a new stage, and the construction of government websites at all levels achieved remarkable results.

　　Internet promotes social sharing of quality education resources. China vigorously promotes the "three links and two platforms" (broadband network for school-to-school communication, high-quality resources for classes, online learning space for everyone, public service platform for educational resources, and public service platform for education management). The proportion of Internet access in primary and secondary schools is 83%, and the number of schools with multimedia classrooms is 73%.

　　Internet promotes the precision and personalization of medical and health services. Internet medical services are booming, all kinds of portable medical intelligent terminals and wearable devices make mobile medical care closer to people’s lives, and the digital health App market is in the ascendant, which promotes the transformation of hospital-centered medical treatment mode to people-centered health service mode.

　　Internet promotes people’s balanced development. Internet users in China have formed a rich and diverse netizen structure with different social groups of gender, age, education, occupation and income. The gap in Internet access between different gender groups has basically disappeared, and the difference in education level has declined most obviously.

Healthy and progressive network culture prospers and develops.

　　1. Network culture is an important part of socialist cultural construction.

　　2. China characteristic network information dissemination pattern has basically taken shape. In June 2015, the number of online news users reached 555 million, and the utilization rate among netizens was as high as 83.1%. Among them, the number of news users on mobile phone network reached 460 million (see Table 5).

　　3. The influence of Internet communication has been significantly improved.

　　4. The Internet actively spreads the voice of China.

　　5. The online cultural industry and cultural undertakings have flourished.

Network security capabilities continue to improve.

　　Without network security, there is no national security. China insists on ensuring development by security and promoting security by development, and strengthens the construction of network security guarantee capacity while promoting the development of the Internet. The network security guarantee system is increasingly sound and the network protection capacity is gradually improved.

　　1. The network security system is becoming increasingly sound.

　　2. The industrial system of network security technology was initially established.

　　3. The network security protection capability has been significantly enhanced.

　　4. The discipline construction has been continuously strengthened, and the awareness of network security has been significantly improved.

The legalization of cyberspace has been accelerated.

　　China adheres to the rule of law, running and surfing the Internet according to law, strengthens network legislation, strictly enforces the law, guides the whole network to abide by the law, accelerates the construction of cyberspace rule of law, and regulates cyberspace behavior with the rule of law, thus providing a solid guarantee for the healthy development and orderly operation of the Internet.

　　Internet laws and regulations have been continuously improved. China has successively promulgated a series of laws and regulations related to the Internet, covering basic Internet resource management, information dissemination norms, market order norms, information security and other aspects, which provide an important legal basis for the development and governance of the Internet, and the ecological governance of cyberspace is standardized and orderly. China strengthens the management of Internet basic resources such as domain name, IP address, website registration and access service according to law.

　　The awareness of network rule of law and network literacy have been significantly enhanced.

The Internet governance system is gradually improved through exploration.

　　China attaches great importance to Internet governance, constantly adjusts and improves the leadership system of Internet management, promotes the formation of a government-led and multi-party governance system, actively advocates the construction of a peaceful, safe, open and cooperative cyberspace, and promotes the establishment of a multilateral, democratic and transparent international Internet governance system.

　　The internet management leadership system has been adjusted and improved. Adhering to the principle of focusing on development and management, China has gradually established an Internet governance system that combines legal norms, administrative supervision, industry self-discipline, technical support, public supervision and social education.

　　The government-led and multi-party participation governance model has taken shape. China Municipal Government has comprehensively adopted various measures, such as legal regulation, administrative management, industrial policy, technical standards, publicity and education, to coordinate all parties to actively participate in Internet governance.

　　Actively participate in global Internet governance. China has always advocated jointly safeguarding global Internet security, jointly promoting global Internet development, and sharing global Internet opportunities and achievements. In international exchange and cooperation activities, it put forward the idea of Internet governance in China.

China’s Experience of Internet Development

　　Over the past two decades, China has opened up a road of Internet development with China characteristics, and gained valuable experience. To sum up, it is: adhering to the leadership of the Party, serving the people, opening up cooperation, innovation-driven, giving full play to the main role of enterprises, and paying equal attention to safety and development.

The road to a strong network country

　　Standing at a new historical starting point, China will comprehensively plan the strategic layout of strictly administering the Party, thoroughly implement "the Central Committee of the Communist Party of China’s Proposal on Formulating the Thirteenth Five-Year Plan for National Economic and Social Development" deliberated and adopted by the Fifth Plenary Session of the 18th CPC Central Committee, establish the development concept of innovation, coordination, green, openness and sharing, vigorously promote the strategy of strengthening the country through the Internet, speed up the implementation of the "internet plus" action plan, lead the way of Internet development in China, and contribute to the prosperity and development of the world Internet.

　　(Text/China Cyberspace Research Institute)

　Global supply: The scale of global soda ash production capacity continues to expand, and China contributes a major increase.

In recent years, the global capacity and output of soda ash are increasing year by year. According to Bloomberg, the capacity of soda ash increased from 44.72 million tons in 2000 to 82.95 million tons in 2023. In 2023, China (50%), North America (18%) and Western Europe (11%) are the main soda production capacity distribution areas. According to Bloomberg statistics, in 2000, the global soda production capacity was 44.721 million tons, and it increased to 66.758 million tons in 2014. China was the main source of capacity increase, and the proportion of soda production capacity in China increased from 19.3% to 45.9%, reaching a historical peak. In 2015-2021, the global soda production capacity increase mostly comes from the Middle East and Africa. In 2023, with the launch of natural alkali production capacity in China, the new global production capacity will be concentrated in China.

　 　 　 　Supply in China: capacity expansion by natural alkali method in 2023, and supply may be loose in 2024.

Limited by the industry entry threshold and environmental protection requirements, the growth of soda production capacity in China slowed down from 2016 to 2022, and the new production capacity in 2023 was mainly natural soda production capacity. According to the statistics of Baichuan Yingfu, from 2016 to 2022, China’s soda production capacity expanded from 30.79 million tons to 3,485 tons (including 3.75 million tons of long-term production suspension enterprises). The scale expansion of soda ash production capacity in the future is expected to be limited, and it is mainly natural alkali. In 2023, with the production capacity of 5 million tons in the first phase of Yuanxing Energy Alashan Natural Alkali Project (4 million tons in 2003 and 1 million tons in early 2004), the production capacity of Henan Jinshan Chemical Industry increased by 2 million tons and the production capacity of other soda plants increased slightly, the domestic soda production capacity totaled 41.65 million tons, up by 11% year-on-year.

Demand: the demand for soda ash with flat glass backing, and the application of new energy is rapidly improving.

In 2023, the apparent consumption of soda ash in China was 31.82 million tons (27.26 million tons in 22 years), 73% of which was mainly used in the glass field. In China, glass is the main downstream application field of soda ash, including flat glass, photovoltaic glass and daily-use glass, and their consumption accounts for 43%, 17% and 13% respectively. Followed by baking soda (7%) and silicate (5%) (2023). Among them, from 2019 to now, with the rapid development of domestic photovoltaic industry, the proportion of photovoltaic glass in the downstream application of soda ash has increased significantly, and in 2023, it has surpassed daily glass to become the second largest application field of soda ash.

Related companies

Yuanxing Energy:The company has been deeply involved in the natural soda industry for many years, and the production capacity of soda ash and baking soda ranks among the top in China. By 2023, the company has a capacity of 5.8 million tons of soda ash, 1.5 million tons of baking soda and 1.54 million tons of urea. The company’s natural alkali has a competitive advantage and its production capacity continues to expand. The company plans to build 7.8 million tons of soda ash and 800,000 tons of baking soda in Alashan natural soda project, including 5 million tons of soda ash and 400,000 tons of baking soda in the first phase and 2.8 million tons of soda ash and 400,000 tons of baking soda in the second phase. The first phase of the project was put into trial operation in June 2023; The second phase of the project started construction in December 2023 and is scheduled to be completed in December 2025. Combined with the analysis of this paper, among the different processes of soda ash, trona process has the most advantages in cost and environmental protection, and trona depends on resource endowment. With the continuous expansion of the company’s trona production capacity, it is expected to obtain excess profits in the industry and provide power for the long-term growth of the company’s performance.

References:20240531- TF Securities-Basic chemical industry: soda ash: both supply and demand sides are facing structural changes.

Disclaimer:The above information comes from Huiyang Research Department, and the content does not provide specific operational guidance, and customers should not use it as a reference factor for investment decisions. Buying on this basis is at your own risk, the stock market is risky, and investment needs to be cautious.

(promotion)

　　The weather is cold in winter, and some people are afraid of the cold and don’t want to go out. They just sit on their balcony and bask in the sun through the glass, thinking that this can supplement calcium. Can you really supplement calcium by sunbathing through glass?

　　Sunbathing is to supplement vitamin D.

　　Cao Xuexia, deputy director of the Department of Endocrinology, xuanwu hospital, Capital Medical University, said that the main purpose of sunbathing is not to supplement calcium, but to supplement vitamin D. The main function of vitamin D is to promote intestinal calcium absorption, increase muscle coordination and prevent falls. When in the sun, ultraviolet rays reach the skin, and 7- dehydrocholesterol in the skin will gradually transform vitamin D. However, if you bask in the sun through the glass, the glass will block some ultraviolet rays, and the amount of ultraviolet rays will be obviously attenuated, which will affect the absorption of vitamin D and calcium.

　　Experts suggest that ultraviolet rays should be exposed to the outside world under the condition of adequate protection, and ultraviolet rays will be attenuated through glass, especially B-segment ultraviolet rays that stimulate the skin, which will affect the transformation of vitamin D and thus the absorption of calcium. If you need calcium supplement, most of the calcium still needs to be taken from food, such as milk or calcium tablets.

　　It is advisable to bask in the sun for less than 30 minutes.

　　Sunbathing through the glass really can’t promote the absorption of calcium, and it may even get sunburned. If you really can’t go out for activities, you must also open the window and let the sun directly contact your skin. "Shorts and short sleeves in summer, showing face and hands in winter" is the best choice.

　　It should be noted that the time spent in the sun is not as long as possible, and too long exposure may hurt the skin. Most people can spend 10-20 minutes in the sun every day. Children can spend a shorter time and the elderly can spend a longer time, but it is generally recommended to spend 30 minutes. If necessary, you can wear sunglasses to avoid eye damage caused by direct sunlight, and wearing a hat can avoid hair sunburn. After sunbathing, it is necessary to replenish water in time and vitamin C selectively to inhibit the production of melanin and prevent sunburn.

　　Beijing, Sept. 21 (Xinhua)-The British Broadcasting Corporation (BBC) published an article on the 19th, pointing out that there are many discussions about "going out of the house" in Brexit, so that Britain can solve the problem once and for all and then move on. The Brexit Party said that if Britain and the EU had no agreement to leave the EU, they would be able to "leave home clean", and many Conservatives also agreed with this view. Sadly, the ideal is full and the reality is skinny.

　　The article is excerpted as follows:

　　Under the leadership of the theresa may administration, Britain and the European Union negotiated and reached the current Brexit agreement and political declaration, but the current British government indicated that it would make major changes.

　　The new Prime Minister Johnson said that if Britain can’t get what it wants, it is ready to leave the EU without agreement.

　　How clean can you go out of the house?

　　This is, of course, the most sudden change in the divorce war of this century. The internal planning document of the British government analyzes how much impact this situation may have on the existing management system.

　　Overnight, all the laws and regulations governing the relationship between Britain and the rest of the European Union in the past half century will disappear.

　　According to the existing draft Brexit agreement (reached between the theresa may government and the EU), this will not happen, because the agreement stipulates a transition period of at least two years, when Britain will leave the EU completely, but the trade and security relations between the two sides will remain roughly the same.

　　Supporters of this arrangement say that it will give the government and enterprises more excessive time to prepare for the new relationship between the two sides and have time to negotiate such as free trade agreements.

　　But critics say that this will turn Britain into a vassal state, which still has to abide by EU regulations, and Britain has no say in making these regulations. In other words, this is not a "clean house".

　　However, even if there is no agreement to leave the EU, the two sides need to start negotiations and dialogue, and it is better to talk early than late.

　　"No agreement" is misleading?

　　Some people think that the term "no agreement" is a misleading term because the two sides have reached a series of small agreements.

　　But that idea is wrong.

　　The EU has agreed to take a series of unilateral measures, without consulting with Britain, to ensure (among other things) that certain financial transactions can continue in a few months and that planes can fly around as usual.

　　Everyone can benefit from this arrangement, but this arrangement is temporary and has limited practical effect, and it still needs to be renegotiated as soon as possible.

　　The British government argues that the EU will be forced to deal with Britain because Britain is too big for the EU and a partner to be ignored.

　　The EU is the same for Britain, which means that the negotiations between the two sides will (if any) have to be strengthened.

　　Just enter a new stage.

　　Irish Prime Minister Valadeka summed up the mainstream views of EU capitals at a joint press conference with British Prime Minister Johnson in mid-September.

　　He said that if Britain leaves on October 31, 2019 or even January 31, 2020, the story of Brexit will not end like this.

　　He said that there is no such thing as going out of the house and getting rid of it once and for all, and there is no such thing as making a clean break. On the contrary, the relationship between the two sides has just entered a new stage.

　　The European Research Group (ERG), a Brexit party in the Conservative Party that advocates no agreement to leave the EU, said that this new stage should be used to negotiate a free trade agreement.

　　They believe that Britain can refuse to pay the Brexit fee agreed in the financial solution of the theresa may government, or pay the divorce fee. The latest estimated cost is 33 billion pounds. The money can be saved and used in other ways.

　　However, Valade Carr reiterated the warning issued by other EU leaders: If Britain leaves the EU without agreement, the EU will insist that the first issues to be discussed in any future negotiations will be civil rights, Irish borders and financial solutions.

　　These issues are exactly the same as the main contents of the Brexit agreement that was rejected three times in the British House of Commons. Moreover, these problems still need to be solved before the EU is ready to discuss a free trade agreement.

　　On June 24, 2016, local time, the results of the referendum on "Brexit" in Britain were announced, and most voters agreed that Britain should leave the European Union. The picture shows "Brexit" supporters celebrating in central London. China News Service reporter Zhou Zhaojun photo

　　Can you ignore it?

　　Therefore, the only way for Britain to really clean up its Brexit is whether it is ready to "turn its face and leave", at least for a while, regardless of maintaining stable relations with the EU. This relationship is related to half of British trade.

　　However, this situation sounds unsustainable.

　　The food supply in Britain is inextricably linked with other countries in the European Union.

　　Andrew Opie of the British Retail Federation recently told the British Parliament’s Select Committee on Brexit that from the consumer’s point of view, if there is no strong agreement with Britain’s largest trading partner, there will be great uncertainty. There is no escaping this problem.

　　He said that 80% of the food imported by British supermarkets comes from the European Union. Therefore, about 25% of all products sold in Britain come from the European Union.

　　In addition, in the whole process of Brexit, the border between Northern Ireland and the Republic of Ireland is one of the most sensitive issues, and there is no way to turn away without talking about this issue.

　　The British government’s own internal planning documents have concluded that Britain’s non-agreement to leave the European Union will have a very adverse impact on Ireland’s land border, which will soon generate great pressure and will need to be forced to reach new arrangements within a few days to weeks.

　　Karen Wheeler was in charge of coordinating Britain’s post-Brexit border arrangements until she resigned in June. She told the British Parliament’s Select Committee on Brexit that the Irish border would soon become a headache.

　　She said that it is obvious that neither the relevant customs system nor the tariff system can be sustained in the long run.

　　She said, therefore, after the short transition period, what method should be adopted … … It is not clear what the solution is.

　　Years of negotiations

　　Of course, there are also many discussions about the alternative arrangement of Irish border protection clauses. The safeguard clauses reached by the EU and the Government of theresa may will ensure that the border between the Republic of Ireland and Northern Ireland will remain as open as it is now under any circumstances.

　　However, any solution to the problem requires long-term negotiations and goodwill from both sides.

　　Once and for all, the above conditions cannot be guaranteed.

　　For anyone who has had enough of Brexit, the unpleasant fact is that, regardless of the outcome, Britain will face years of technical negotiations and political dramas.

　　At present, one thing is certain — — In the foreseeable future, "Brexit" will still dominate British political and public life.