Every edited Du Yu

On January 24th, local time, the three major US stock indexes closed mixed, with the Dow down 0.26%, the Nasdaq up 0.36% and the S&P 500 up 0.08%.

Most popular technology stocks rose, AMD rose by over 5%, NVIDIA rose by over 2%, and Meta and Google rose by over 1%. Semiconductor equipment, materials and robots were among the top gainers, with ASML rising by over 8%, American pixels by over 5%, Kelei by over 3% and Broadcom by over 2%. Solar energy and precious metals were among the top losers, with Cole Dai Lun Mining and Elgin falling more than 5%, Sunshine Power falling more than 4% and Hekela Mining falling more than 2%.

On January 24, local time, Tesla announced its fourth-quarter revenue.$25.17 billion, and analysts expected $25.87 billion.; The adjusted earnings per share in the fourth quarter was $0.71, and analysts expected $0.73; The gross profit margin in the fourth quarter was 17.6%, and analysts expected 18.1%; Free cash flow in the fourth quarter was $2.06 billion, and analysts expected $1.45 billion.

Tesla said that the team will be committed to launching the next generation of cars in Texas; Continue to make progress around the next generation platform; The growth rate of vehicle production/delivery in 2024 may be significantly lower than that in 2023.

Cybertruck, an electric pickup truck, will increase production and expand delivery in 2024. Cybertruck’s production increase process will be longer than other models.

As of the close of local time on January 24th, Tesla reported $207.83, a decrease of 0.63%. It is worth noting that after the announcement of the financial report,Tesla once fell more than 4% after hours..

On January 24, a news that Tesla will produce new models attracted market attention.It is reported that Tesla has informed suppliers that it hopes to start producing a new mass-market electric vehicle code-named "Redwood" in mid-2025, which is positioned as a "compact crossover". In this regard, the relevant person of Tesla China responded to the reporter of Company E: "I have never heard of it".

In fact, this is not the first time Tesla has been told to build a "cheap car".As early as 2018, Tesla CEO elon musk said that it would take three years to develop a low-cost electric vehicle. Musk admits that it is "very difficult" to develop such a car considering the economic situation and poor competitive environment of the automobile industry. In 2020, Musk postponed the planning schedule of affordable electric vehicles for three years.

In May 2022, Musk said that Tesla is developing two new products, and the annual sales volume is expected to reach 5 million. In November 2023, some media reported that Tesla planned to develop an entry-level electric vehicle at the Berlin factory in Germany. However, various rumors have not been officially commented by Tesla.

At the same time that new models will be pushed out, Tesla’s pure electric pickup truck Cybertruck has been airlifted to China, ready to launch a national tour. On January 24, before the official tour, Tesla also introduced Cybertruck to netizens in detail through live broadcast.

According to Tesla, Cybertruck adopts stainless steel exoskeleton body, armored glass and all-terrain tires, which are durable and can adapt to various road conditions, even driving on multi-planet surfaces. In terms of handling, Cybertruck’s performance is comparable to that of a sports car. It takes only 2.7 seconds to accelerate at 000 kilometers and the top speed is 209 kilometers per hour.

According to market analysis, Tesla Cybertruck has the strength to attract consumers’ attention in terms of market demand and performance configuration, but it faces a series of challenges to legalize it in China. It is reported that Tesla Cybertruck’s national tour has started a total of 8 cars, which will be exhibited simultaneously in Shanghai, Beijing, Shenzhen, Chengdu, Nanjing, Hangzhou, Xi ‘an and Chongqing.

Netflix shares rose 10.7% to $544.87, with a market value of $238.48 billion. According to China Fund, the streaming media company said that it added more than 13 million users in the fourth quarter, bringing its total number of users to a record high of 260.8 million.NetflixOur revenue is higher than analysts’ expectations, and our profit guidance for this quarter is also higher than analysts’ expectations.

Microsoft rose 0.92% to $402.56, with a total market value of $3 trillion..

Most of the popular Chinese stocks rose, and the Nasdaq China Jinlong Index rose by 1.88%. Vipshop will rise by over 8%, Tencent Music by over 4%, Futu Holdings and Baidu by over 3%, Pinduoduo, Manbang and Netease by over 2%, JD.COM and Alibaba by over 1%, and Weibo by a small margin. Xpeng Motors fell more than 5%, Weilai fell more than 2%, LI fell more than 1%, and Iqiyi and Bili fell slightly.

National business daily comprehensive securities times e company, China fund newspaper, market public information.

Disclaimer: The contents and data in this article are for reference only, and do not constitute investment advice. Please check before use. Operate accordingly at your own risk.

Cover image source: Every reporter Zhang Jianshe

In the eyes of some people with lagging information, luxury cars such as BMW and BMW are still unattainable objects for ordinary working families, but as long as you know a little about the domestic automobile market, you will find that the current luxury cars have fallen below the bottom line. For example, the price at the terminal has dropped to 129,900-169,900, and the household cost performance of the whole vehicle is quite good.

More importantly, the cash is not only more affordable, but also the product strength is stronger. The new car comes standard with 10 airbags including side airbags and the first row of central airbags, and it is also equipped with 1.5T turbocharging. The product quality has improved not a little bit, and with spacious space, it is still a model that can be considered at present.

The first thing to bear the brunt is the appearance value. The overall shape of Audi A3 basically continues the family-style design language. The front part and the classic shark-mouth air intake grille are very recognizable. The middle net adopts a grid-like design with blackening treatment, and many chrome-plated decorative pieces are added in the middle. Coupled with sharp sides, the design sense is quite good. The shape of the tail follows the concept of simplicity but not simplicity. The sharp waistline is outlined from the tail, and multiple aluminum alloy wheels are added to further create a strong sporty atmosphere.

The shape of the cockpit continues the design of the old models. It should be said that the interior design of Audi is the same. The traditional T-shaped symmetrical layout is slightly inclined to the driving area. Although it looks a little old-fashioned, the materials used for work are luxurious, and the soft places are soft, decorated with chrome trim strips and piano painted panels, which has a good sense of grade.

In addition, the configuration of Audi A3 is also rich, not to mention, full-speed adaptive endurance, driving mode selection, fatigue reminder, automatic parking, L2 driver assistance system and other configurations are all equipped. There is also a 10.1-inch central control panel and a 10.25-inch LCD instrument panel. Combined with Audi’s classic flat-bottomed steering wheel, it is modern.

In terms of size, the body length, width and height of Audi A3 are 4354mm, 1815mm and 1458mm respectively, and the wheelbase length is 2630 mm. Although the size is not large, the wheelbase is a standard compact car, and the actual space is still relatively spacious. The bulge in the middle of the back floor is not very high. The seat is wrapped in leather, and the filler is relatively solid. It has good support and wrapping when sitting on it, and it is not easy to get tired by car for a long time.

Finally, let’s take a look at the power system. The Audi A3 is fully equipped with 1.5T, and the gearbox is a 7-speed dry dual-clutch gearbox. Its maximum power is 160 horsepower, with a peak value of 250, and its performance is still very strong. It can run for more than 8 seconds at an acceleration of 100 kilometers, and it takes into account good fuel economy. The official display shows that the fuel consumption is 6L. In the chassis part, Audi A3 adopts the combination of McPherson and multi-link independent suspension.

Although many people think that the Audi A3 is not a real luxury car, it is a shell-changing car, but it is also four circles in any case, and it is better in adjustment and configuration. Plus the price that is close to the people, it is still attractive to ordinary working families. What do you think of this Audi family car?

Although cars can improve the convenience of people’s travel, safety is still an unavoidable topic. Therefore, many car companies have begun to upgrade the safety of their models. Of course, for consumers, a car with complete active and passive safety configurations will be more popular. Today, Xiaobian picked a car in a small car and introduced it to everyone. It is. Let’s take a look at it together.

Let’s take a look at the appearance of Euler’s good cat first. The front design of Euler’s good cat is very young and looks very young. Headlights are flamboyant, which is very visually impactful. The car is equipped with LED daytime running lights, automatic opening and closing, adaptive far and near light, delayed closing and so on. Coming to the side of the car body, the size of the car body is 4235 mm * 1825 mm * 1596 mm. The car adopts dynamic lines, and the side circumference gives people a very simple feeling. With large-sized thick-walled tires, smooth lines run through the whole side of the car. In the rear part, the rear looks lovely, and the taillights are very round and lovely. Overall, it is still relatively round and lovely.

When you get into the car, the front face of Eulerian Cat looks very individual and easily touches the hearts of young consumers. The steering wheel of the car is very in line with the interior style, made of imitation leather, and the shape is very fighting. From the central control point of view, with the 10.25-inch central control screen, the interior style is impressive and looks very fashionable. The dashboard and seats are equally eye-catching. The car is equipped with a dynamic and lively dashboard, which looks very spiritual. The car uses imitation leather seats, which are wide and thick and very comfortable to ride.

Euler Good Cat is equipped with a motor with a total power of 135KW and a total torque of 232N.m It has good acceleration, excellent cruising range and good power performance.

The trunk space of Euler Good Cat is good, and it can also expand the storage space by putting down the rear seat, which is enough for daily use. At the same time, the car is equipped with fatigue warning, anti-lock braking (ABS), LED daytime running lights, brake assist (EBA/BAS, etc.), brake force distribution (EBD) main driver airbag, co-pilot airbag, side airbag curtain, front side airbag and other safety configurations.

After reading the above introduction, let’s make a summary. The moderate size of the car is a very suitable choice for many families, and the internal space is enough for daily use in families.

Domestic mobile phones Xiaomi and Meizu are preparing for a press conference in a hotel in Beijing at the same time this week. I believe many people will feel a little happy.

In August and September of last year, Xiaomi’s annual flagship mobile phone should have been released. However, at the press conference to compete with Meizu, Xiaomi released a brand-new product line-Xiaomi 4c, with a price of 1299 yuan, instead of the expected Xiaomi 5.

As a result, Xiaomi, who claims not to engage in "sea tactics", has developed two sets of new products this year: Xiaomi Note, which focuses on the high-end market, and Xiaomi 4c, which is positioned between Xiaomi and Redmi.

Xiaomi, founded five years ago, has been catching up with Apple and Samsung, and has become the top smartphone manufacturer in China. After building a huge user base through cheap mobile phones, Xiaomi built an ecological chain, hoping to expand into profitable Internet service projects. In December 2014, Xiaomi received $1.1 billion in financing, and its valuation soared to $45 billion, making it an entrepreneurial company with a global valuation second only to Uber.

However, the outside world is worried about whether Xiaomi has encountered a bottleneck in the high-speed growth channel.

The obvious figure is that since the first device was released in 2011, Xiaomi’s smartphone sales have doubled every year. However, in the first half of 2015, Xiaomi’s mobile phone sales reached 34.7 million units, a year-on-year increase of only 33%. This achievement is also less than half of the annual mobile phone sales set by Xiaomi Chairman Lei Jun at the beginning of the year. The goal is to guarantee 80 million units and sprint 100 million units.

Where is Xiaomi 5?

The rise of Xiaomi in China market originated from imitating Apple, but its price is less than half that of Apple. In the face of market criticism, Xiaomi subsequently improved the product design and began to introduce differentiated products.

At the beginning of this year, various analysts predicted that the growth rate of the global smartphone market would slow down this year. IDC also predicted that China’s market growth rate was lower than that of the whole world for the first time, only 2.5%.

Xiaomi, which has been growing at a high speed, has not been spared.

Lv Junkuan, chief analyst of market research firm Gartner Smartphone, told The Paper (www.thepaper.cn), "We observed that Xiaomi’s sales were still concentrated in Redmi series, but in the same price band, Xiaomi was strongly competitive by other manufacturers, such as Meizu and Glory, so its performance in the first half of the year was not as good as expected."

In the second half of the year, Xiaomi still runs through Redmi. Redmi is a thousand yuan machine released by Xiaomi Company, which is positioned lower than Xiaomi. Xiaomi released Red Rice Note 2 in August. Although it was accused by users of "false propaganda" and did not use Sharp or AUO’s screen according to the propaganda slogan, it was still very popular. According to the data released by Xiaomi, the sales volume of this machine reached 2.15 million units in one month, which set a record for the single-month shipment of Xiaomi and Redmi series mobile phones.

It stands to reason that the annual flagship machine can also bring considerable sales. However, this year, Xiaomi 5 was postponed. In this regard, the industry says that Xiaomi 5 is waiting for Qualcomm Xiaolong 820 processor or MediaTek 10-core processor, but these two processors may not be released until the end of the year. Xiaomi considered Xiaolong 810 before, but gave up for various reasons.

"Xiaomi 4c may be to fill the gap (before the arrival of Xiaomi flagship Xiaomi 5)." Wang Yanhui, secretary-general of China Mobile Alliance, told The Paper (www.thepaper.cn).

"Hunger Marketing" is history

Xiaomi is also changing the sales model.

In the past, it was very difficult to buy the latest Xiaomi mobile phone. Even in September this year, a diary of a Wall Street Journal reporter who spent two months buying Xiaomi was madly transferred online. Now, including the latest Xiaomi 4c, users can go to third-party e-commerce channels such as Tmall to buy, or they can go to the offline Xiaomi home to queue up for purchase.

Lin Bin, president of Xiaomi, recently released this signal frequently: "The biggest change of Xiaomi in the past six months is that we have changed from an abnormal e-commerce to a normal e-commerce. The outside may not feel anything, but it is very important to us internally. We call it’ Xiaomi 2.0′. "

As for the reason why I couldn’t buy a mobile phone before, I’m afraid only Xiaomi himself can figure it out. Some people say that this is Xiaomi hunger marketing, and the official said that this is because the production capacity can’t keep up with the user’s demand.

Xiaomi said that the change in sales model is not to cope with the completion of the annual target.

"Xiaomi no longer pursues the first launch of a chip, but is more concerned about whether the mobile phone is stable after it comes out. Under the’ Xiaomi 2.0′ mode, the mobile phone will be sold in large quantities and the quality must be good, otherwise there will be big problems." Lin Bin said.

Opponent "pixel level" copy

Lu Junkuan did not predict whether Xiaomi could achieve the annual target. He said: "The China market showed signs of recovery in the third quarter, and at the same time, we expect the China market to warm up in the second half of the year. The reason is that the main festivals are concentrated in the second half of the year, plus more new machines are released, such as a new generation of iPhone, Huawei Mate S and Samsung Note5. "

Competition in the mobile phone market is still fierce, and other smartphone manufacturers are even trying to copy Xiaomi. Both mobile phone manufacturers such as Lenovo, Huawei and ZTE, and new mobile phone manufacturers such as 360 and LeTV have launched products that compete with Xiaomi mobile phones. "Crazy price wars, homogeneous products, unprofitable business models." Internet analyst Wang Bin said.

Hugo barra, vice president of Xiaomi Global, said in July that Xiaomi’s competitors were chasing the old business model. "I think the model they are currently adopting is the model we adopted maybe a year ago, and we are still innovating."

In 2013, Xiaomi hired the former Google vice president to take charge of international expansion, but at present, Xiaomi mainly enters the Indian market. Xiaomi said that Xiaomi is already the fifth largest mobile phone manufacturer in the Indian market, and India’s smartphone sales this year are 80 million units.

In fact, many local start-up mobile phone manufacturers in China have chosen India as a transit point to enter the international market. This is mainly because the United States and other markets have very strict requirements for patents, and the weak patents of China manufacturers are a common problem. Even so, Ericsson still got into trouble last year and once stopped selling Xiaomi.

"If Xiaomi regards domestic manufacturers as rivals and restrains energy, it is doomed to an increasingly cruel profit squeeze trend, which may destroy its original market space." Fang Xingdong, chairman of Internet Lab, said.

Chen Tong is "quite satisfied" with the TV business.

After several rounds of strategic changes, Xiaomi is currently centered on three product lines: mobile phone, TV and router.

Regarding TV, the government has not released detailed data. Xiaomi, which has not yet been listed, has no obligation to announce a lot of data.

Chen Tong, who jumped from Sina editor-in-chief a year ago and joined Xiaomi as vice president, spent $400 million, less than half, on the $1 billion investment fund that Lei Jun gave him. Chen Tong told The Paper (www.thepaper.cn) frankly that there is still a lot to be done in TV content, such as the membership system of various video websites needs to be opened, and it is not yet possible to watch all paid content with one vote, and cinema movies cannot be broadcast on TV simultaneously. Chen Tong also admitted that after-sales maintenance is Xiaomi’s weakness.

This year, Xiaomi TV "achieved Lei Jun’s expectations, but the long March has only taken one step. The competition is long, and it will not be seen in two or three years, but the Internet TV faction will win in the end." Chen Tong said.

This year, Xiaomi and Letv had a quarrel, which seemed to be a content dispute, but in fact it was a mode dispute. Letv does not rely on hardware to make money, but relies on the mode of charging service fees and ecological services to make profits, which is in direct conflict with the hardware profit model on which Xiaomi depends.

If it can attract attention and sales by mouth-to-mouth, it should be excellent.

Xiaomi Ecological Chain: "We use each other"

Xiaomi is still laying out the ecosystem around the mobile phone, which is the future of Xiaomi.

Xiaomi plans to invest in 100 eco-chain enterprises to replicate the "Xiaomi model", launch low-priced intelligent hardware products, and open brands and traffic to them.

Explosive products such as mi band, Smart weighing scale, Air Purifier, smart plug, etc. began to enter daily life. Xiaomi told The Paper that Xiaomi has invested in about 40 eco-chain enterprises.

According to The Paper (www.thepaper.cn), the relationship between Xiaomi and its eco-chain enterprises is becoming subtle.

Insiders of an enterprise in Xiaomi Eco-chain told The Paper, "Users only recognize Xiaomi’s brand, but not their own. If the goods produced for Xiaomi develop very well, it will be both good and bad for us. We don’t want to be an OEM. I think that we are actually using each other with Xiaomi. "

However, this statement was refuted by Huang Wang, CEO of Huami Technology. "We regard the wearable products of Xiaomi brand as our own brand, do research and development, do sales and do market operations, just like the Amazfit brand, but the user base is different and the marketing methods are different." He told The Paper (www.thepaper.cn). Mi band is made by Huami Technology, and it is the only eco-chain enterprise product that is still out of stock after open purchase.

Some commentators said that it is faster for eco-chain enterprises to expand in Zhang Zhilu and adapt to China. But at the same time, it means that this former subversive has become a typical "Chinese giant"-building barriers by high enough market share and traffic, rather than exporting technology and patents.

Some people also say that this is the story that Xiaomi told the capital market. "Selling a purifier is to get a user, and selling a mobile phone is also a user. In the future, Xiaomi can provide users with more added value in big data mining."

"Xiaomi Company is not valued as a hardware company, but as an Internet company. The standard for measuring the valuation is the number of users." Wang Yanhui said that the value of "running sales" of red rice mobile phone series was also highlighted.

Pan Nongfei, another fast-growing start-up in China, the vice president of DJI Innovation, a drone manufacturer, once commented on Xiaomi: "After several years, Xiaomi has become a $45 billion elephant, but recently it released a new product, a patch panel in 49 yuan. Does China really lack a tens of billions of dollars company to make patch panels? Rejecting the cottage, making products with high brand premium and doing value-added innovation, this road, if the older generation of entrepreneurs and enterprises have no ability, will and courage to take this step, let the new generation of entrepreneurs and enterprises complete this mission. "

"What is the ecosystem based on smart phones? At present, it is far from an outline. If you really have a chance to build an ecology, you need at least a killer application with a billion users. The top two companies with the most opportunities are Apple and Google. These two companies control the operating system and the app store, but their ecosystem is still very uncertain and unstable. " Fang Xingdong said.

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BMW i4 adopts a streamlined body design, with a closed kidney grille on the front face and a sharp LED headlight group, showing a fashionable and dynamic style as a whole. The rear part of the car outlines a full outline with simple lines, and with the slender LED taillights, the visual effect of the whole car is improved.

With its body length of 4785mm and width of 1852mm, and body height of 1455mm, BMW i4 shows an atmospheric and compact profile. The wheelbase of 2856mm provides a spacious interior space, while the front track of 1601mm and the rear track of 1630mm ensure the stability and handling of the vehicle. The side lines of the car body are smooth, and the dynamic outline is outlined from the waistline extending from the headlights to the taillights. With 245/45 R18 front tires and 255/45 R18 rear tires, as well as personalized rim design, the sense of movement and recognition of the vehicle are further improved.

The interior design of BMW i4 adopts a simple and high-end style, and the steering wheel is wrapped in high-quality leather, which is comfortable and has the function of manual adjustment up and down and back and forth. The center console is equipped with a 14.9-inch large-size touch screen, which supports voice recognition control of multimedia systems, navigation, telephones and air conditioners. The car is also equipped with four USB and Type-C interfaces in the front row and the back row, as well as the wireless charging function of the front mobile phone. In terms of seats, the front and rear adjustment, backrest adjustment, height adjustment (4-way), leg rest adjustment and lumbar support (4-way) can be realized in the main and co-pilot positions, and the seat heating function is provided, which improves the riding comfort. In addition, the driver’s seat is also equipped with electric seat memory function, which makes driving more convenient every time. The rear seats can be laid down in proportion to increase storage space.

The BMW i4 is equipped with a powerful motor with a maximum power of 250 kW and a maximum torque of 430 Nm, which brings excellent power performance and driving experience to drivers.

The owner of car home spoke highly of the BMW i4, and he especially mentioned that the car has good sound insulation effect, strong power and excellent design. In addition, he especially praised the volcanic red interior, thinking that its design sense is not lost to Mercedes-Benz.

The following article comes from Glacier Sixiang, written by Chen Baibot.

Glacier Sixiang.

Gather ideas and share insights.

Written by Chen Bai

Who would have thought that the acceleration of Apple’s factory expansion in India was directly affected by Zhengzhou, Henan Province, thousands of miles away.

Yes, you are not mistaken. Recently, the General Administration of Customs released the import and export data of 31 provinces in the first quarter. According to combing, 10 provinces showed a decline, including Henan, a former foreign trade province.

The main reason for the decline in Henan’s import and export is the sharp decline in mobile phone exports. As we all know, Foxconn, located in Zhengzhou, Henan Province, is a large OEM of Apple mobile phones and the largest exporter in Henan.

According to the annual data, the number of mobile phones exported by Henan in 2023 was 57.61 million, down by 14.5% year-on-year. Today, this downward trend continues to expand. According to Zhengzhou Customs data, in the first quarter of 2023, Henan Province exported 16.88 million mobile phones, compared with 6.64 million in the first quarter of 2024, a decrease of 10.24 million. The export value of mobile phones dropped from 71.1 billion yuan in the first quarter of 2023 to 27.2 billion yuan in the first quarter of 2024.

Even considering that Apple’s sales in China dropped by 19.1% in the first quarter of this year, global mobile phone sales are also declining, but it will not be reduced by such a large margin. This probably shows that Foxconn, which has been the number one mobile phone OEM in the world for many years, is withdrawing some production lines from Henan.

The global trading system has never been fragmented, but a typical butterfly effect story: a butterfly in South America flapped its wings, which led to a tornado in Texas, USA.

If Foxconn really withdraws, it will not be just Foxconn.

01

When it comes to Foxconn, some people think that Foxconn is a factory that works for American apples and creates wealth. It is low-end, low-profit, neglects workers’ rights and interests, and plays a very passive role in the whole industrial chain. Such enterprises should not come to Chinese mainland.

"Don’t people in Henan live without Foxconn?" Once upon a time, voices like this were rampant.

But after the addiction, calm down and see what Foxconn means to Henan and even to China’s economy, many people may not imagine.

In 2023, the import and export value of Xinzheng Comprehensive Insurance Zone where Foxconn is located reached 407.3 billion yuan, accounting for 74% of Zhengzhou’s import and export, and 50.3% of Henan’s import and export.

Among the top 100 export enterprises in China, Zhengzhou Foxconn, Shenzhen Foxconn and Chengdu Foxconn are all in the top 20. For more than 10 years, Foxconn has consistently ranked first among China’s export enterprises.

In the simple brain circuit of "a whale falls and everything lives", the departure of the giant should be beneficial to the small fish. However, the brain circuit of dualism can’t understand the complex ecosystem. Those keyboard men who ask "XX get out of China" in the social media comment area probably won’t think that what they are crying out for is actually their own livelihood and rice bowl.

Nowadays, it turns out that we have greatly underestimated the influence of leading enterprises and the chain reaction behind them.

Domestic substitution may be able to play the role of a substitute in the apple ecological chain, but for the complex system of economy, it is not a simple substitution game, but more like a major operation with a high risk coefficient and will hurt the bones.

02

A simple comparison of Foxconn’s contribution to Henan’s economic growth between coming and going can clearly confirm the relevant logic.

In 2010, after Guo Taiming chose to settle in Foxconn in Zhengzhou, more than 200 upstream and downstream supporting enterprises also settled in Henan. Subsequently, Henan, the hinterland of the Central Plains, where the domestic population flowed out of the province and there was almost no modern industry support, the electronic industry quickly formed a scale, and the overall scale of Zhengzhou’s electronic information industry increased by 25 times.

By 2020, Zhengzhou Foxconn has become the largest export trading company in China, with a total export volume of US$ 31.6 billion. With the strength of one company, it contributed 80% of Zhengzhou’s total import and export volume and 60% of Henan’s total import and export volume.

Take Zhengzhou Airport as an example. In the year when Foxconn was officially built, the GDP of Zhengzhou Airport was only 20.6 billion. By 2021, the GDP of Zhengzhou Airport reached 117.2 billion, an increase of more than five times. During the peak period, Foxconn contributed as much as 25% to Zhengzhou’s GDP.

It is not without reason that the government was popular in attracting investment in those years, because if we can recruit a chain-based company like Foxconn, the impact on regional economic development will be immeasurable.

Of course, objectively speaking, there are many factors behind Foxconn’s layout in India, Vietnam and other regions in recent years. For example, the rising production costs in the mainland and the attraction of cheap labor in Southeast Asia.

Look at the increase in housing prices in Zhengzhou in the past few years, and the increasingly frequent recruitment shortage even in populous provinces. These factors have prompted Foxconn to find new labor price depressions.

Judging from the performance of Foxconn’s Indian factory, although there are many labor price advantages, the irreplaceable ecological chain industry chain and the lack of skilled jobs have had a great impact on the quality control of iPhone.

Obviously, moving the factory out of Chinese mainland is also an obvious choice for Foxconn.

The real question is: Why does Foxconn want to transfer some production capacity? The real answer to this question may determine the social expectation and even the economic trend for a long time to come.

03

Some people may say that without Foxconn, we still have "domestic substitutes" such as Shenzhen O-film Tech Co.,lt and Luxshare. Moreover, for many provinces and cities represented by Henan, "Foxconn dependence" is obviously not a long-term solution.

We have all seen the influence of the automobile industry on Detroit now. Because the industrial structure is too single, Detroit eventually declined when the traditional automobile industry began to decline.

For the need of industrial transformation, regional economic development must find more pillars and solutions.

From the current point of view, it seems that the gap left by Foxconn’s mobile phone manufacturing industry chain can be filled by new energy vehicle manufacturing.

The latest news is that at the beginning of January this year, Foxconn suddenly invested 500 million yuan to build a new energy auto parts foundry in Henan, and even said that it would fully cover the OEM of domestic new energy auto parts. Not only that, BYD has also increased its investment scale in Henan. From many angles, this transformation and changing birds in Henan is a rational choice and a general trend.

Finding alternative industries is a popular development logic all over the world in recent years. New energy vehicles are becoming increasingly popular, and everyone knows that this is an industry full of potential. The question is, can the new energy automobile industry replace everything?

For example, there has been a big fluctuation in the real estate market, and some people say, it doesn’t matter, we can make up for it with new energy vehicles; Nowadays, the mobile phone market has changed, and hopes are once again pinned on new energy vehicles.

But judging by common sense, we should know that no matter how big the new energy automobile industry is and how promising it will be in the future, it is absolutely impossible to replace the huge consumer goods like real estate and the high-frequency consumer goods like mobile phones at the same time.

OEM is in the lower reaches of the industrial chain, with less dividends and high social costs. From the initial pride of "world factory" to the current criticism, it is only a matter of nearly ten years.

But the other side of the demonization of OEM is the OEM factory, which is the world’s cutting-edge product. In the process of production and operation, we not only obtained a large number of jobs, but also popularized and spread technology and innovation. These benefits can’t be achieved by domestic substitution in a short time.

On the one hand, there is the possible risk of getting stuck in the neck, on the other hand, there is the pain of changing birds in cages and uncertainty about the future, and things are becoming increasingly complicated.

From this perspective, when we begin to try to get rid of "Foxconn dependence", we should also be prepared to deal with "Foxconn sequelae".

Original title: "Foxconn, Henan, Things are Changing"

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　　Xinhua news agency

　　Click, Pay and Forward … … You can bring hope to another family by just moving your fingers gently. In the circle of friends, you will not be unfamiliar with the online help information for raising money for sick relatives and friends. In recent years, Internet fund-raising information platforms such as "Easy Raising" and "Love Raising" have developed rapidly, providing convenience for connecting netizens’ love and helping to raise funds. However, this new form of fundraising has been repeatedly exposed to information distortion and lax review, which has triggered public discussion on the integrity of online fundraising.

　　Audit standards attract controversy.

　　Recently, a crosstalk performer was caught in the whirlpool of public opinion because of online fundraising. It is reported that at the age of 33, he was hospitalized due to a sudden cerebral hemorrhage. His family launched a fundraising project of 1 million yuan on the Internet fundraising information platform "Water Drops", and enthusiastic netizens helped to donate and forward. This is a pity, but some netizens pointed out that the crosstalk performer has two suites, a car and medical insurance in Beijing. Although his wife responded that the two suites in the family were public rental houses under the parents’ names, she had no right to resell them, and cited evidence to prove that they were not fraudulent donations. However, this controversial event once again focused the public’s attention on the Internet fund-raising information platform.

　　What kind of person can initiate a serious illness for help? How to verify personal or family assets such as salary income, house property and vehicle property? These questions raised by netizens point to the loopholes in the current network rescue platform. It is understood that at present, major Internet fund-raising information platforms such as "Easy Raising", "Drip Raising" and "Love Raising" cannot guarantee 100% authenticity or accuracy in information review. The three platforms all have statements in terms of Personal Help Information Release, User Agreement and Privacy Policy — — The platform can’t guarantee that the sponsor’s information is completely true or accurate. Donors should decide whether to donate or subsidize after rational analysis and judgment.

　　This limitation not only comes from the deficiency of the audit mechanism of the fund-raising platform, but also comes from the difficulties in actual operation. Yu Liang, co-founder and president of Easy Chip, pointed out that personal identity, bank account and hospital condition can be verified manually, but family assets can only be verified by patients and their families. Assets may be in the name of an individual or a family, so it is not easy to query accurately.

　　As for what kind of people should be rescued, there is no uniform standard. Some of them are extremely poor families, and it is undoubtedly worse to encounter serious illness in their families; And some just have patients at home and want to maintain their normal living standards. Under the imperfect audit mechanism, it is inevitable that people with different family conditions will send crowdfunding on the same platform, which will inevitably lead to controversy.

　　"fraudulent donation" overdraws the trust of netizens

　　Up to now, there are 20 Internet fundraising information platforms designated by the Ministry of Civil Affairs. In 2018, more than 8.46 billion netizens clicked, followed and participated, and the total amount of donations raised exceeded 3.17 billion yuan, a year-on-year increase of 26.8%. The high degree of participation reflects the improvement of people’s charity consciousness. Internet crowdfunding raises not only money, but also the goodwill and trust of countless netizens. However, the occurrence of many controversial events has also made these goodwill and trust slowly overdrawn.

　　In 2016, Shenzhen media person Luoer sent a message "Luo Yixiao, stop for me" to raise money for his daughter with leukemia, and smashed his circle of friends. In the end, it was revealed that Luoer himself had three properties. In the same year, many network anchors were accused of doing "pseudo-charity" in a rural area of Liangshan Yi Autonomous Prefecture, Sichuan Province. After the live broadcast, they recovered their donations and even smeared mud on the children’s faces to increase the effect. Such "fraudulent donation" and "fraudulent donation" incidents have questioned the integrity of online fundraising.

　　In addition, some people have found that some e-commerce platforms have industrial chains that make false materials. In order to defraud medical insurance, social security and donations, a number of black industries that produce false medical records and bill materials breed. A complete set of outpatient cases, a complete set of inpatient cases and even the severity of illness can be customized according to individuals. It is also equipped with professional writers to write fund-raising copybooks and merchants to promote them, so as to gain more attention and donations from netizens. These are all obstacles to the healthy development of the Internet fundraising industry.

　　"While the crowdfunding platform improves its own audit level, relevant departments should increase source governance and severely crack down on selling and selling false medical records." Yu Liang said.

　　Maintain the credibility of online charity

　　In fact, as early as 2016, four ministries and commissions, including the Ministry of Civil Affairs, jointly issued the Measures for the Administration of Public Fundraising Platform Services, in which Article 10 clearly stipulates that when individuals release help-seeking information through radio, television, newspapers, internet service providers and telecom operators in order to solve their own or family difficulties, radio, television, newspapers, internet service providers and telecom operators should give risk prevention tips to the public in a prominent position, telling them that their information does not belong to charitable public fundraising information.

　　In response to the online donation incident of the comic actor, the Ministry of Civil Affairs responded that personal help is not a charitable donation, and it is not within the statutory regulatory responsibilities of the Ministry of Civil Affairs. However, due to the impact on the order and norms in the charity field, the Ministry of Civil Affairs will guide the platform to revise the self-discipline convention, and continuously improve the self-discipline mechanism in response to the concerns of the masses, and will also mobilize other platforms to join self-discipline.

　　Shen Peng, the founder of "Water Drop Chip", responded that "Water Drop Chip" will be more rigorous and multi-dimensional in risk control in the future, and will jointly iterate the self-discipline convention with other crowdfunding platforms. He said that there are very few people who cheat money with false medical records and other false materials, and most of the fund-raisers are real, and they don’t want the public to be misled by individual negative cases.

　　With the rapid development of Internet fundraising information platform, it is imperative to further standardize the Internet public fundraising information platform. Previously, the Ministry of Civil Affairs published two recommended industry standards, namely, Basic Technical Specifications for Internet Public Fundraising Information Platforms for Charitable Organizations and Basic Management Specifications for Internet Public Fundraising Information Platforms for Charitable Organizations, which stipulated the fundraiser and platform responsibilities. In October 2018, the three platforms of "Love Raising", "Easy Raising" and "Water Drop Raising" jointly signed and issued the "Self-discipline Proposal and Self-discipline Convention for Internet Service Platform for Personal Serious Illness Help", improved the functions of pre-examination, withdrawal publicity and online reporting, and established a "blacklist" for help seekers, aiming at strengthening credit constraints, enhancing openness and transparency, and welcoming social supervision.

　　But at the same time, we should also see that for a network platform, it is really difficult to audit personal or family information such as deposits, real estate and vehicles objectively. In order to make the network charity develop healthily and make the network platform take responsibility, we should also give them the necessary help and establish an interconnected information checking network. Let the public love not be over-consumed, thus maintaining the credibility of online charity.

　　On August 4th, 2017, China Internet Network Information Center (CNNIC) released the 40th Statistical Report on Internet Development in China (hereinafter referred to as the Report). According to the Report, as of June 2017, the number of netizens in China reached 751 million, accounting for one fifth of the total number of netizens in the world. The Internet penetration rate is 54.3%, which is 4.6 percentage points higher than the global average.^one.

　　The number of netizens in China reached 751 million, and digital technology promoted economic and social transformation.

　　As of June 2017, the number of netizens in China reached 751 million, with a total of 19.92 million new netizens in half a year, with a half-year growth rate of 2.7%. The Internet penetration rate was 54.3%, up 1.1 percentage points from the end of 2016. Digital technology, represented by the Internet, is accelerating its deep integration with various fields of economy and society, and has become an important driving force for promoting China’s consumption upgrading, economic and social transformation, and building a new competitive advantage in the country.

　　Mobile Internet users accounted for 96.3%, and the dominant position of mobile Internet was strengthened.

　　As of June 2017, the number of mobile Internet users in China reached 724 million, an increase of 28.3 million compared with the end of 2016. The proportion of Internet users using mobile phones has increased from 95.1% at the end of 2016 to 96.3%, and the proportion of Internet users using mobile phones has continued to increase. In the first half of the year, the number of users of various mobile phone applications continued to rise, and the scenes were more abundant. Among them, mobile phone take-out applications grew the fastest, with the number of users reaching 274 million, an increase of 41.4% over the end of 2016; The number of mobile payment users reached 502 million, and the use characteristics of offline scenes were outstanding. 463 million netizens used mobile phones to pay when they spent offline.

　　The number of IP addresses ranks among the top in the world, and the export bandwidth has increased substantially.

　　As of June 2017, the number of IPv4 addresses in China reached 338 million, and the number of IPv6 addresses reached 21,283 blocks /32 addresses, both of which ranked second in the world. The number of websites in China was 5.06 million, an increase of 4.8% in half a year; The international export bandwidth reached 7,974,779Mbps, an increase of 20.1% over the end of 2016.

　　Business transaction applications maintained rapid growth and promoted consumption-driven transformation and upgrading.

　　In the first half of 2017, business transaction applications continued to grow at a high speed, and the number of online shopping, online take-out and online travel booking users increased by 10.2%, 41.6% and 11.5% respectively. The characteristics of consumption upgrading in the online shopping market are further revealed, and user preferences are gradually shifting to quality, intelligence and new categories of consumption. At the same time, online and offline integration has expanded to data, technology, scenarios and other fields, and the huge user data resources accumulated by various platforms have been further valued.

　　Internet financial market tends to be standardized, and offline payment expansion is still a hot spot.

　　In the first half of 2017, the number of Internet wealth management users reached 126 million, with a half-year growth rate of 27.5%. Online and offline in the field of Internet wealth management are integrating their respective advantages in traffic, technology and financial products and services, and entering the development stage from confrontation to win-win cooperation. The yield of online loan wealth management products continues to decline, and the industry is developing towards standardization; The field of offline payment is still a hot spot in the market. The habit of netizens using mobile phones for online payment and settlement in offline stores such as supermarkets and convenience stores has further deepened. The proportion of netizens who have used mobile phones for online payment and settlement when shopping offline has reached 61.6%. While deepening the domestic market, online payment enterprises in China have expanded overseas markets with great market potential.

　　The scale of online education and online car service has maintained growth, and bike-sharing has enriched its travel modes.

　　As of June 2017, the scale of application users in all segments of public services has increased. Among them, the number of users of online education, online taxis, online cars or express trains reached 144 million, 278 million and 217 million respectively. The online education market is developing rapidly, and artificial intelligence technology drives industrial upgrading; The online car market has experienced a rapid expansion stage driven by capital and entered a standardized development path. The number of users in bike-sharing has reached 106 million, enriching citizens’ modes of travel, and promoting the vigorous development of the industry with technology and capital.

40th Statistical Report on Internet Development in China (full text)

The 40th Statistical Report on Internet Development in China

　　BEIJING, Jan. 7 (Xinhua) According to the report of the American Overseas Chinese News Network, Joe Biden started the year 2020 in the same way as he started the year 2019, and he was the leader of the presidential primary election, although many people predicted that he would be out in advance in the primary election.

　　According to NBC News, in the election campaign, the former vice president of the United States was attacked by his opponent, more than any other candidate, and he himself made more unforced errors than any other candidate (tennis term refers to making mistakes when the opponent did not pose a threat), but his position in the polls has not changed. The day before Biden announced his candidacy, his poll average support rate was 29%, and now it is 28%.

　　Profile picture: Biden. China News Agency issued Liu Zhongjun photo

　　Former Virginia Governor Terry mcauliffe considered running for president, but now he is raising money for Biden. He said, "He has done his best. After seeing all the information, voters concluded that Biden is still the best candidate to beat Donald Trump. "

　　Biden’s support rate has not increased, and as the main candidate, he is still weak. However, when other candidates whose support rate soared found it difficult to maintain their support rate, Biden remained steady in this competition, which may be the proof of Biden’s victory.

　　California Attorney General Xavier Becerra said, "Everyone catches up with the leader and gives him trust. He is still the leader.". Becerra, a Democrat, has remained neutral in the election so far.

　　No matter whether it is an authority figure or a competitor, many people have many very good reasons to doubt Biden. Many people also think that Biden’s collapse is not only inevitable, but also close at hand.

　　Biden failed in the first two presidential elections in 1988 and 2008, and he is older than most candidates. Moreover, Biden seems to have lost contact with the new generation and more sober faction of the Democratic Party. At the same time, his fund-raising amount is not so satisfactory, his performance in the debate is dull, he did not lock in the Democratic nomination as Hillary did in 2016, and he did not even have enthusiastic supporters.

　　On January 2, 2019, Biden ridiculed at a campaign event in Iowa, "My disadvantage is that everyone knows me, and my advantage is that everyone knows me."

　　Nevertheless, some voters are willing to support him. Rossio fuentes, who works in Caesars Palace Casino in Las Vegas, said: "Biden is like a transparent man. He is very honest and keeps his promise. When he speaks, you will feel that he is telling the truth. "

　　For some Democratic voters, Biden’s test is the reason why they support him.

　　Sirkela Herr, a cashier at a grocery store in North Carolina, also considered other candidates in the early 2020 election, including Kamala D. Harris and Pete Buttigieg, the mayor of South Bend, Indiana, but finally she decided to choose Biden.

　　Kelleher said, "We will try something new that we don’t know. Now we are all on the Titanic, and Trump is like that iceberg. Although Biden’s lifeboat is not gorgeous, it is the most reliable and stable. "

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