How important is COVID-19 vaccination? US CDC: The risk of death after infection of unvaccinated people is 11 times that of vaccinated people.

Sohu medicine

According to CNN website, the latest data released by the US Centers for Disease Control and Prevention shows that the complete vaccination rate of COVID-19 vaccine is 57%, and the death risk of unvaccinated adults infected with Covid-19 is 11 times higher than that of fully vaccinated adults.

The stomach of a 25-year-old office worker is bulging, and it turns out to be cancer! On major media platforms, we can often see similar real cases. Stories that happen around us seem to remind us that more and more young people have been "entangled" by stomach cancer. Professor Bei Zhang explained the reasons.

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Dr. Rochelle Walensky, director of the US Centers for Disease Control and Prevention, said that there are still a small number of people in the United States who have not been vaccinated. The virus is very smart and gives priority to "targeting" them. According to the epidemic data in August this year, the risk of Covid-19 infection among those who have not been vaccinated is 6 times higher than that of those who have been vaccinated, and the risk of death is 11.3 times higher. In the last week of August, the risk of hospitalization in the former was 19 times that in the latter. Although the death rate of unvaccinated people in the last week of August was 9 per 100,000 people, which was 30% lower than that in the first week, it was still much higher than that of fully vaccinated people, who had never had a death risk of more than 1.2 per 100,000 people since April.

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In addition, the risk of illness varies with age between unvaccinated and vaccinated people. The hospitalization rate under 50 years old is 15 times different, while the difference between them is 31 times among people aged 50-64 years old.

An analysis by Caesar Family Foundation shows that the number of deaths in COVID-19 dropped rapidly in the months after the vaccine was popularized. With the emergence of the more threatening Delta mutant virus and the relaxation of social distance restrictions, the number of hospitalizations and deaths rose again. In July this year, COVID-19 ranked seventh among the causes of death in the United States, and rose to second place after another wave of Delta virus epidemic, second only to heart disease, and ranked first among the causes of death among adults aged 35-54. In the past three months, there were 90 thousand preventable deaths among unvaccinated adults, and more than half of them occurred in the last month.

In order to prevent the threat of Delta virus, FDA has approved the emergency use authorization of the third booster needle of Pfizer vaccine. Last Thursday, the FDA Vaccine Advisory Committee unanimously approved the application for enhanced vaccination of Moderna COVID-19 vaccine. People over 65 years old, high-risk exposed people aged 18-64 and chronically ill patients all suggested that half of the dose should be vaccinated six months after the second dose to enhance the protective effect; Last Friday, the committee also unanimously approved the application for enhanced vaccination of Johnson & Johnson COVID-19 vaccine. One dose of Johnson & Johnson vaccine can be vaccinated six months later, and the effectiveness has risen to 94%, which is consistent with Pfizer and Moderna vaccines.

At present, there are about 85,000 cases of infection in a single day in the United States, which is 8,000 fewer than the same period last week, and the daily death toll has dropped by more than 200 people. However, the vaccination rate of the total population in the United States is only 57%, and the epidemic wave is threatening to make a comeback. Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases in the United States, believes that it is not known what the vaccination rate will be to curb the spread of the virus, but the more the better. The surge in cases is not inevitable, and the downward trend of the epidemic will depend on the next vaccination progress.

reference data 7531634634184509

1. New CDC data shows the risk of dying from Covid-19 is 11 times higher for unvaccinated adults than for fully vaccinated adults

https://edition.cnn.com/2021/10/15/health/cdc-covid-risk-higher-unvaccinated/index.html

2. FDA advisers recommend J&J Covid-19 vaccine boosters, talk mix and match boosters

https://edition.cnn.com/2021/10/15/health/fda-jj-booster-committee-friday/index.html

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Help enterprises solve the problem of domestic sales and promote the effective penetration of domestic and foreign trade

The Ministry of Commerce introduces the relevant information of the Implementation Opinions on Supporting Export Products to Domestic Sales-
Help enterprises solve the problem of domestic sales and promote the effective penetration of domestic and foreign trade

On June 30th, the Ministry of Commerce held a special online conference to introduce the implementation opinions on supporting export products to domestic sales recently issued by the General Office of the State Council. Yang Guoliang, deputy director of the Foreign Trade Department of the Ministry of Commerce, said that in the short term, supporting export products to domestic sales is an emergency measure to help foreign trade enterprises solve the problem of domestic sales and promote the basic stability of foreign trade. In the long run, supporting the export products to domestic sales is also a long-term way to promote the effective integration of domestic and foreign trade, make full use of the domestic and international dual cycle, and cultivate new advantages in participating in international cooperation and competition.

According to a survey conducted by the Ministry of Commerce, foreign trade enterprises also face some difficulties in transferring to domestic sales, mainly because some products have different standards at home and abroad. For example, the size of clothing exported to Europe and America is different from the domestic standard, and the style is also different from the domestic market demand. The export of some export products to domestic market often involves brand and trademark issues and needs to be authorized by the foreign party. Some foreign trade enterprises produce according to orders for a long time, lack domestic marketing experience and specialized teams, and their brand awareness is not high.

Yang Guoliang stressed that there should be great growth potential for exporting products to domestic market. From the perspective of domestic consumption, the national epidemic prevention and control war has achieved significant strategic results, and the domestic market demand has been accelerated. From the perspective of investment, the promotion of new infrastructure, new urbanization and major projects in various places has brought new opportunities. From the perspective of consumption upgrading, some foreign trade enterprises are shifting from traditional mass production to personalized customization, and new consumption modes such as online sales and live delivery are developing rapidly, which has opened up sales channels for foreign trade enterprises directly facing consumer groups.

Li Danghui, deputy director of the Consumption Promotion Department of the Ministry of Commerce, said that the transfer of high-quality export products to domestic sales is not just a substitute relationship for the domestic market, but will further enrich the supply of the domestic market, increase consumers’ choices, accurately meet demand, and promote consumption upgrading.

It is understood that since the beginning of this year, China’s consumer market has been warming up month by month, the consumption of basic daily necessities has continued to grow, upgraded commodities have been more active, and the retail sales of housing and transportation commodities have been improved. This shows that under the normalization of epidemic prevention and control, the demand and pursuit of a better life of ordinary people are still growing, reflecting the great development potential and strong resilience of China’s consumer market.

At the same time, the Li Party will emphasize that the long-term common rules in the international market will also help to improve and enhance the domestic business environment, "which will help us fully release the advantages of super-large market scale and domestic demand potential, promote the formation of a large domestic cycle, and promote the mutual promotion of domestic and international double cycles".

In order to further relax the restrictions on domestic sales of processing trade enterprises, the "Implementation Opinions" proposed to further relax the time limit for domestic sales taxation, and adjust it from monthly declaration to quarterly declaration at the longest, which saved the cost of enterprises. Lin Shaobin, deputy director of the Enterprise Management and Inspection Department of the General Administration of Customs, said that this will greatly improve the overall efficiency of enterprises in handling domestic sales and play a positive role in exploring the domestic market. The data shows that in 2019, the domestic sales value of processing trade in China was about 338.3 billion yuan, up 8.4% year-on-year.

In addition, the Ministry of Commerce will hold a nationwide consumption promotion activity in the second half of this year, and use the advantages of pedestrian streets and key business districts in brand agglomeration, channel integration and market popularity to broaden the domestic sales channels of marketable export products. Help foreign trade enterprises to further connect with domestic large-scale commercial and trade circulation enterprises and e-commerce platform enterprises, and support all localities to include export-to-domestic products in the scope of consumption promotion activities. (Reporter Feng Qiyu)

Guangzhou stepped up the introduction of a three-year action plan for the professional wholesale market.

Guangzhou has stepped up the introduction of a three-year action plan for the professional wholesale market, and each professional wholesale market has its own tricks to upgrade.

Guangzhou light textile transaction yuan

Guangzhou UUS Jiulong international fashion city
The traditional three-spot (on-site, cash, spot) wholesale market next to the railway station has turned into an exhibition and trade complex featuring Korean costumes. Shopkeepers from South Korea bluntly say that the environment is comparable to the Dongdaemun in Seoul; The old factory building in the textile business circle of CUHK has been upgraded to a creative valley for fashion designers, where the former stall owner learned the value of being a brand …
Guangzhou, which has 713 professional wholesale markets, has achieved positive results in recent years through policy planning guidance, comprehensive rectification, financial support and business model innovation, promoting market transformation and upgrading. At present, Guangzhou is stepping up the introduction of a three-year action plan for the professional wholesale market, promoting the construction of an international business center and realizing the new vitality of the old city.
Status:
The annual transaction volume exceeds one trillion.
Downward pressure is large.
As an important part of Guangzhou’s commerce and trade industry, Guangzhou’s professional wholesale market has a large scale and many kinds of goods. According to statistics, in 2018, there were 713 professional markets in the city, with more than 800,000 market merchants, and the total annual transaction volume of the market exceeded one trillion yuan.
Looking back on the development process, Guangzhou’s professional market started in the early 1980s, and most of them spontaneously formed in response to market demand. Among them, there are 657 single specialized markets in Yuexiu District, Liwan District, Baiyun District, Haizhu District and Tianhe District, accounting for about 92% of the city.
In terms of commodity categories,Guangzhou professional market has strong industry influence and radiation in the fields of textile and clothing, footwear, leather and leather goods, aquatic products, etc., and has formed wholesale market parks such as Zhongda cloth, Liuhua mineral spring clothing, Zhanxi Road footwear, Shiling leather, Sanyuanli leather goods and Xintang cowboy clothing. However, while the specialized wholesale market is gathering and developing, there is also the problem that the market is too densely distributed in the central city, which puts great pressure on the city’s environment, health, traffic and safety.
The relevant staff of the Municipal Bureau of Commerce said: "In recent years, due to the impact of the overall economic environment and the impact of new formats such as e-commerce, the wholesale market is under greater downward pressure. In this context, accelerating market transformation and upgrading has become an important issue that the government, enterprises and associations need to solve. "
Action:
Real money supports transformation
Organize merchants to appear in the Canton Fair.
Government departments have accelerated the transformation and upgrading of the professional wholesale market by strengthening planning guidelines and establishing industry models. At the planning level, in recent years, Guangzhou has compiled the industrial logistics development plan, the professional market layout plan and the vegetable basket product wholesale market layout plan, and issued the implementation opinions to promote the transformation and upgrading of the professional wholesale market. Focusing on the goal of building an international business center, with specialization, internationalization and modernization as the guide, we will actively integrate market resources, enhance service functions, strengthen industrial docking, and implement the upgrading and transformation of traditional professional wholesale markets.
"Under the new situation of the Internet economy, the traditional professional wholesale market must be transformed and transferred." The relevant staff of the Municipal Bureau of Commerce said that their approach is to set a benchmark.Leading the formulation and introduction of evaluation and management measures for the transformation and upgrading of the wholesale market, creating a number of demonstration markets such as Baima Clothing Market, Buyun Tiandi Footwear Market and Hai Yin Photographic Equipment City, and emerging a number of international procurement center clusters such as Liuhua Clothing and Zhanxi Shoes City, which have developed from single markets to parks.
For the wholesale market upgrade, the government has invested real money to support it. Guangzhou revised the management measures of business development funds to support the transformation and upgrading projects of professional wholesale markets. Take Guangzhou UUS Clothing City in Zhanxi Business Circle as an example. In 2018, it received a special support fund of 1 million yuan for the planning and construction of commercial outlets. For the market that has done well, the government has instructed the Guangzhou Professional Market Chamber of Commerce to carry out the innovation and creation of the industry business model for four consecutive years, and organize publicity, promotion and exchange and learning in the industry.
The traditional professional wholesale market is mainly for domestic sales, and there is a huge market for China goods with good quality and low price abroad. The relevant staff of the Municipal Bureau of Commerce said that in order to promote the integration of domestic and foreign trade, the Canton Fair held twice a year in spring and autumn was used to organize overseas buyers to negotiate and connect with the markets of clothing, leather goods, shoes and hotel supplies within their jurisdiction, to help Baima Clothing Market and China-Hong Kong Leather City organize merchants to participate in the Canton Fair, expand the export market, and let them collectively display their design strength and brand image.
Old wholesale market zhuanxiang shopping mall
At the district level, how to promote business model innovation? Yuexiu, Haizhu, Baiyun and other districts have made their own unique moves, realizing the industrial upgrading, structural optimization and format transformation of the professional wholesale market, and making the urban environment cleaner, neater, safer and more orderly.
Yuexiu District piloted the construction of Guangzhou professional market public service platform, guided the application of traditional wholesale market, and connected with e-commerce logistics enterprises such as Billing Easy and Kaixiang Logistics to develop the "online+offline" model. Haizhu District has successfully transformed Tianxiong cloth market into a high-end commercial complex and turned South China Auto Trade Plaza into a venture capital town in Guangzhou. Anhua Group of Baiyun District invested in the construction of Anhuahui, a 300,000-square-meter smart home life experience shopping center, to guide the surrounding traditional decorative home market businesses to enter.
As for the relief and rectification, in recent years, all districts and departments have taken key markets in key areas as breakthroughs, and started from traffic congestion, fire safety, illegal rectification of "changing residence to warehouse, changing residence to business" and illegal construction and governance, and promoted the relief of traditional wholesale markets by classification. For example, Yuexiu District closed the wholesale markets of second-hand electrical appliances in Xintao Street and toys in Yijingyuan according to law, effectively cleaning up and rectifying illegal storage places in fruit and vegetable gardens and Dexinge.
interview
UUS Jiulong international fashion city
Dirty shoes city turned into a high-end exhibition and trade complex.
Located in Zhanxi business district, Guangzhou UUS Kowloon International Fashion City (hereinafter referred to as "Guangzhou UUS") was formerly known as Kowloon Hotel (Shoes City). Previously, the indoor environment of the shoe city was dirty, and there were serious hidden dangers in commercial infrastructure such as commercial moving lines, lighting, and three-dimensional transportation, which was the key rectification object of fire safety in cities and districts. Shoe wholesale operated by Shoe City is mainly imitation goods, and it has been exposed by the media for many times to sell fake and shoddy products. Its business has gone from bad to worse, and its hardware environment and commodity positioning are seriously out of line with the current market demand.
Knowing the situation of Jiulong Hotel (Shoes City), Yuexiu District Bureau of Commerce and local streets found the market sponsor, explained the supporting policies, and guided enterprises to carry out market research and reposition. After extensive investigation, the market promoter, in conjunction with U: US Fashion Mall in Dongdaemun, South Korea, integrated Chinese and Korean fashion designer brands around the positioning of "internationalization of quality, platform exhibition and trade, and promotion of networking", and gradually built them into a modern exhibition-trade commercial complex of high-end clothing.
District Junning, co-general manager of Guangzhou UUS, told reporters that he is actively docking the new platform for network promotion, opening the live broadcast room in online celebrity, creating the clothing marketing of "online celebrity Store", exploring new formats, strengthening the clothing exhibition and trade function, and improving relevant supporting facilities to enhance the business environment in the venue: "In 2017, there were more than 400 articles about Guangzhou UUS on Little Red Book, and now there are more than 10,000 articles, many of which are online.
District Junning told reporters that the performance and popularity of Guangzhou UUS, which combines the pattern of the commercial market and the sales model of the wholesale market, are constantly rising: "The sales volume and the number of merchants stationed in Guangzhou are increasing day by day. Compared with 2017, the sales volume in 2018 is five times higher, and that in 2019 is 10 times higher than the same period in 2017." He said that as more and more "online celebrity stores" are born here, many merchants hope to settle in: "These merchants who are interested in settling in are all waiting in line to register, and we mainly value the development ability and design ability of the settled merchants. In UUS, Guangzhou,One third of the shops are Korean merchants, and the rest are local original brands, many of which are suppliers of chain brands, and the quality is guaranteed. "
Korean shopkeeper: The environment is very close to the similar market in Seoul.
MonaHolic, a women’s clothing store located on the fourth floor of UUS in Guangzhou, is about 30 to 40 square meters. It is clean and bright, and the window displaying fashion has a sense of design. Miss Jin, a shopkeeper from South Korea, told the reporter that compared with other wholesale markets, the operation minister of Guangzhou UUS is a Korean, and Korean merchants stationed here can communicate at any time if they have problems.
More importantly, Korean merchants aiming at the China market can bring more comfortable consumption experience to their customers after they settle in UUS. Miss Jin said that Guangzhou UUS is very close to apMPlace, a well-known clothing wholesale market in Dongdaemun, Seoul: "We only entered Guangzhou in China, and many guests who have been to the store have reported that compared with other wholesale markets, the shopping experience here is better and the environment is much better."
Peach, the owner of another local original brand clothing store, told reporters that he chose to settle in UUS, Guangzhou, two years ago because the shopping mall would consider the business. "The mall helps us to promote on Tik Tok and WeChat WeChat official account, and also provides catwalk activities for our fashion show. Our performance is rising every day, and the flow of people to the store is increasing. " Miss Jin also expressed the hope that the shopping mall can increase publicity and let more people know about Guangzhou UUS.
Guangzhou light textile transaction yuan
More than 3,000 designers gather in the Creative Valley of Old Factory Transformation.
Founded in 2012, Guangzhou Textile Trade Park (hereinafter referred to as the "Park") is located at No.82, Xingang West Road, at the core of Zhongda Textile Business Circle, covering an area of 150,000 square meters, with a total construction area of nearly 300,000 square meters. It is a comprehensive fashion innovation industrial park based on the exhibition and trade of textile and clothing products, with the development engine of fabric research and development, creative clothing design and industrial supporting services.
The plot where the park is located used to be the production workshops of eight machinery manufacturing enterprises, such as South China Sewing Machine Factory and Wuyang-Honda Motorcycle Factory. Under the policy opportunity of "returning two into three" and "three old" transformation in Guangzhou, Guangzhou United Trading Park Management and Investment Co., Ltd. has invested more than 1 billion yuan to transform and rebuild the original old workshops. Today, more than 4,000 exhibition halls have been built, and six functional blocks have been built, including exhibition and trade, creative design, fashion release, electronic trading of bulk commodities, inspection and testing, and financial services.
At present, the occupancy rate of the park is 93%, with more than 2,000 enterprises and merchants stationed, which has driven more than 50,000 people to achieve employment. By joining hands with Guangdong Garment and Apparel Industry Association and Guangdong Fashion Designers Association, we will jointly build the Creative Valley of 82 designers in Xingang, introduce design institutions, design talents and domestic and foreign clothing brands, and encourage designers to open studios. According to statistics, there are more than 3,000 domestic and foreign fashion designers in the park, forming a large-scale designer group. More than 50% of the merchants stationed in the park have the strength of innovative research and development of fabrics and creative design of clothing.
Merchants: from small stalls to large platforms, build brand awareness here.
In Guangzhou Shijiajie, an innovative service platform that incubates the fashion industry, Wu Chulian, a merchant who has settled in the park for more than 7 years, told reporters that the park has provided great help to merchants, and the biggest change lies in the mode change from the original stall operation to the brand concept: "I used to run a stall clothing store, which was limited to a small market, where I could integrate external resources and professional testing and other supporting institutions. From here, I gradually learned about the concept of brand docking.
Bian Huanhuan, a representative of the designer, said that since entering the park, he has been exposed to more fabric resources including front-end industries, which can serve the brand more accurately: "In choosing fabrics, it saves a lot of time and costs, and greatly improves the efficiency of resource integration. Compared with a few suppliers that I have mastered in the past, the resource pool is now larger, so that it can better match the market. "
According to reports, the park also cooperates with istituto carlo secoli, a world-renowned fashion design institute, to provide training for volunteer students and practitioners in fashion design and pattern making techniques that are in line with international standards, and to nurture more future designers.
plan
Introduce transformation and reconciliation
Three-year action plan
The Municipal Bureau of Commerce said that this year, the commercial department actively implemented the nine key work arrangements of the Municipal Party Committee, and took the lead in formulating the "Three-year Action Plan for the Transformation and Relief of Guangzhou Professional Wholesale Market" according to the latest needs of market transformation and development.Has been submitted to the municipal government executive meeting for consideration. In the next step, Guangzhou will adhere to the combination of industrial optimization and social governance, comprehensive promotion and key breakthroughs, focusing on the combination of current and long-term planning, and pay close attention to the introduction of a three-year action plan.
While strictly controlling the increment of the professional wholesale market, we will strengthen overall coordination and departmental linkage, classify and deal with it according to five ways: "transformation and upgrading, transfer to business development, demolition and closure, relocation and settlement, and standardization and rectification", and implement "one game, one policy" to promote the transformation and settlement of the professional wholesale market, promote the high-quality development of the professional wholesale market in the city, provide strong support for promoting the construction of an international business center, and make positive contributions to realizing the new vitality of the old city.

Global News | The US hourly wage growth rate in June exceeded expectations. The Federal Reserve raised interest rates in July.

  [US stocks close]

  Before the US stock market opened yesterday, the US non-agricultural report was released! The data shows that the number of non-agricultural employees increased by 209,000 in June, which was less than the expected increase of 230,000.

  However, the average hourly wage in the United States in June increased by 4.4% year-on-year, higher than the expected 4.2%; The hourly wage increased by 0.4% from the previous month, which was also higher than the expected 0.3%; The unemployment rate dropped by 0.1 percentage point from the previous month to 3.6%, which was the same as expected.

  After the non-agricultural report was released, the market thought that the possibility of the Fed raising interest rates by 25 basis points at the end of July was as high as 92%, which was roughly the same as before the non-agricultural announcement.

  The faster-than-expected growth rate of hourly wages strengthened the Fed’s expectation of raising interest rates in July, and US stocks closed down across the board. At the close, the Dow Jones index fell 0.55%; The S&P 500 index fell by 0.29%; The Nasdaq index fell 0.13%.

  The three major US stock indexes all recorded declines this week, with the S&P 500 index down 1.16%, Nasdaq down 0.92% and Dow down 1.96%.

  Large technology stocks in the United States were mixed, with the semiconductor sector performing relatively strongly, while NVIDIA and TSMC both closed up. Among FAANMGT’s seven technology stocks, only Amazon closed red.

  Popular Chinese stocks generally rose, with Nasdaq China Jinlong Index rising by 3.19%, Alibaba rising by 8%, Tencent ADR rising by 4.10%, and other Chinese stocks also floating across the board.

  [futures closing]

  The US dollar index fell sharply on Friday, boosting commodity prices. Metal futures generally rose, and silver rose by nearly 2%.

  In terms of energy and chemical industry, only natural gas futures fell by nearly 2%, and the rest of the varieties were all red.

  Agricultural futures are mixed. Cotton and sugar receive red; Soybean, corn and wheat, the three staple food varieties, closed down across the board.

  In terms of financial futures, short-term US bonds closed up, while 10-year and long-term US bonds closed down.

  [Economic data]

  The United States’ non-agricultural production in June was less than expected, but the hourly wage growth rate exceeded expectations, which was difficult to stop the Fed from raising interest rates.

  Under the continuous aggressive interest rate hike by the Federal Reserve, the signs of a slowdown in the US job market are gradually emerging.

  According to data released by the Bureau of Labor Statistics last night, there were 209,000 new non-agricultural employees in June, the smallest increase since December 2020, which was lower than the market expectation of 240,000. At the same time, the number of non-agricultural new jobs in April and May was also revised downwards. The latest revised data shows that in the past six months, the average monthly employment increased by 278,000, far below the monthly average of 399,000 in 2022.

  In June, new jobs in non-agricultural sectors mainly came from government, medical and health care, social assistance and construction.

  However, it is worth noting that the average hourly wage in the United States in June increased by 4.4% year-on-year, higher than the expected 4.2%; The hourly wage increased by 0.4% from the previous month, which was also higher than the expected 0.3%; The unemployment rate dropped by 0.1 percentage point from the previous month to 3.6%, which was the same as expected.

  What do analysts think?

  Analysts generally believe that although the new employment slowed down in June, the unemployment rate is still at an extremely low level, the wage growth rate of workers exceeded expectations, and the Fed’s interest rate hike in July was almost "nailed".

  "The labor market in the United States is slowing down, but the possibility of a sharp deterioration seems unlikely, and there are cracks in the job market. However, we believe that the risk of a sharp decline in the employment situation is low. Most leading indicators show that the current pace of employment growth is positive, but it is still far above the sustainable level." Aichi Amemiya, a senior American economist at Nomura, said, "As long as the overall employment remains high, the Fed may think that the risk of insufficient interest rate hikes is greater."

  "Enterprises tried to correct the problem of over-recruitment during the epidemic by laying off employees, but by May this year, this trend seemed to be stable. The high-profile layoffs in the technology industry in the first half of this year did not point to broader signs of recession. In the past six months, we have not seen layoffs spread to other sectors of the economy. However, in view of the decrease in available funds, enterprises may continue to make personnel adjustments. " Layla O’Kane, a senior economist at Lightcast, a job market analysis agency, said.

  "The slowdown in recruitment in June and the downward revision of employment in the past few months are not enough to reassure the Fed. Although the supply and demand of labor are tending to be balanced, the monthly increase of hourly wages and working hours has aggravated the inflation impulse. In view of the Fed’s concern about the inflation of’ super core services’, it is necessary to further raise interest rates to curb strong inflation. Bloomberg economists Stuart Paul and Eliza Winger analyzed.

  [Financial News]

  Specializing in head iron! Us short sellers lost $122.1 billion in the first half of the year.

  A report released by S3 Partners Research, a financial data company, on July 7th shows that American technology stocks have risen sharply this year, which has brought huge losses to short sellers.

  Ihor Dusaniwsky, managing director of S3 Partners, said that by the end of June, the short position of American stocks had climbed from $864 billion at the end of 2022 to $1.001 trillion. This is largely driven by hedge funds, which are hedging their long stock bets while increasing the leverage of their portfolios.

  It is reported that in the first half of this year, short sellers lost a total of $122.1 billion, including nearly $30 billion in Tesla, NVIDIA and Apple.

  The day after the establishment of "No Price Reduction Alliance", car companies cut prices, and SAIC Volkswagen ID.3 dropped by 23% at the highest.

  Only one day after the establishment of the "No Price Reduction Alliance" of major car companies, some car companies have reduced their prices again.

  On July 7, SAIC-Volkswagen officially announced that its ID.3 model was reduced in price, with the highest drop of 37,000, and the starting price dropped from 162,900 yuan to 125,900 yuan, a drop of 23%. SAIC Volkswagen said that as of July 31, the number of this promotion was only 7,000.

  The United States plans to purchase an additional 6 million barrels of crude oil to replenish its strategic oil reserves.

  The United States announced on Friday that it will purchase an additional 6 million barrels of crude oil to replenish its strategic oil reserves and continue to slowly replenish its emergency reserves. This procurement is planned for October and November.

  Due to the conflict between Russia and Ukraine, the United States historically used 180 million barrels of strategic oil reserves, and other stocks authorized by Congress were released, which led to a 40-year low in the size of US crude oil reserves.

  The U.S. Department of Energy said it would buy more oil as a reserve if market conditions allowed.

  The large model standardization group was established, and Baidu, Ali and Huawei joined the team.

  On July 7th, at the 2023 World Artificial Intelligence Conference (WAIC 2023), the National Artificial Intelligence Standardization General Group under the guidance of the National Standards Committee announced the leader of China’s first large-scale model standardization special group, which was jointly held by Shanghai Artificial Intelligence Laboratory and 360 Group, Baidu, Huawei, Ali and other enterprises, and issued certificates on the spot and officially started the formulation of national standards for large-scale model testing.

  This is also the latest progress after the country started the standardization of large models in May this year, the General Group of Artificial Intelligence Standardization set up a large model special group, started the declaration of the group leader and deputy group leader of the large model special group, and suggested topics for the large model standardization research.

  [Company News]

  Zuckerberg: Threads has over 70 million registered users.

  On Friday (July 7th) local time, Mark Zuckerberg, CEO of Meta, said on Threads: "As of this morning, the registered users of Threads website reached 70 million, far exceeding our expectations."

  Threads is an independent application launched by Meta based on Instagram and competing with Twitter, which was officially launched recently.

  In the early stage, Apple Vision Pro only accepts appointment purchase.

  According to a source quoted by the Securities Times, Apple plans to launch its Vision Pro head-mounted display device in the US market early next year, but in the early sales stage, it only accepts pre-arranged purchases.

  To this end, Apple does not expect to cooperate with third-party distributors to sell Vision Pro at least until 2025. Due to the limited supply and the high cost of equipment, most stores may only provide one or two demonstration equipment at first.

  Apple plans to give priority to sales of Vision Pro in stores in big cities such as new york and Los Angeles, and then promote it to 270 Apple stores in the United States.

  Mercedes-Benz joins Tesla North America Super Charging Network.

  Mercedes-Benz, a well-known luxury car brand, announced on July 7 that from 2024, Mercedes-Benz owners can use Tesla super charging piles in North America.

  Mercedes-Benz will establish its own charging network by the end of this decade, with more than 400 charging centers, including more than 2,500 high-power chargers.

  Globally, Mercedes-Benz plans to establish more than 2,000 charging centers in other core markets such as North America and Europe by the end of this decade.

  Musk responded to monopolizing the rocket launch market: SpaceX’s mission is to make life multi-planetary.

  Recently, there is market news that SpaceX has a monopoly position in the field of rocket launch.

  In this regard, SpaceX CEO Musk said on Friday that "the goals of the country and the company are too low. Lack of ambition is their weakness. SpaceX’s mission is to make life multi-planetary. Even a little success in this goal will bring very good performance to Earth orbit. "

  [Financial Outlook]

  Next week, China-US CPI hits, and the US stock market earnings season is about to kick off.

  Next week, the two major economies of China and the United States will release June CPI data. In addition, the second quarter earnings season of U.S. stocks will also kick off, with Pepsi firing the first shot and bank stocks following suit.

Free shuttle bus for blind people to buy new year’s goods. This brother loves to take care of many "nosy things".

  Xinhua News Agency, Chengdu, February 5 th: Free shuttle service for the blind to buy new year’s goods. This brother loves to take care of many "nosy things".

  Xinhua News Agency "China Net" reporter Ye Hanyong Jia Bing

  Recently, a video of Master Huang, a taxi driver in Chengdu, picking up the blind for free to buy new year’s goods has been widely spread on the Internet, making this winter warm. The reporter visited and found that this brother has done a lot of good deeds in recent years, such as Disabled Persons’ Federation observer, environmental supervisor, government affairs center informant and blood donation volunteer … … The whole of Chengdu is his "meddling" scope.

  He is happy to help others often.

  Near the Spring Festival, Xiaoyan, who works in a blind massage shop in Longquanyi District, Chengdu, wants to buy some new year’s goods. However, due to visual impairment, it is inconvenient to travel and shop, Xiaoyan thinks of Master Huang.

  "Master Huang is very nice and enthusiastic. I called him the day before to make an appointment, and he came to pick me up the next afternoon. Choose and buy things with me, and then send me back. " Xiao Yan told reporters.

  Master Huang mentioned repeatedly by Xiaoyan is the brother Huang Zhongbing of Chengdu who recently became popular on the Internet. "Master Huang often picks up the old, the weak, the sick and the disabled for free. I am visually impaired and do public welfare, so I met him. " Xiaoyan said.

  Huang Zhongbing’s first impression on reporters was that he was not tall, his skin color was slightly black, and he was too ordinary to be ordinary. Worried that the reporter didn’t remember the road, he also deliberately drove a taxi to pick it up in advance.

  Hearing that the reporter wanted to know about the video of picking up the blind in Weibo, Master Huang started talking: "This is because I like to do public welfare activities. I have contacted many disabled people and learned about their travel difficulties. I began to use my own work convenience to pick them up for free. "

  Of course, this has also delayed many opportunities for soliciting customers to make money, but Huang Zhongbing doesn’t care. "Others will remember your goodness."

  "Someone is grateful to you and gives you money. Do you want it?" The reporter asked.

  "Helping people with difficulties can’t collect money, and collecting money is different." Huang Zhongbing said.

  What is more valuable is Huang Zhongbing’s persistence for more than ten years.

  In 2005, Huang Zhongbing started to be a taxi driver. After reading in the newspaper that someone was picking up college entrance examination students, he and some colleagues took the initiative to sign up for it, and it has become a practice since then. After the Wenchuan earthquake in 2008, Huang Zhongbing led his colleagues to drive relief supplies to the disaster area many times regardless of the danger.

  Do your own thing well, and you can take care of more "nosy things"

  In the eyes of colleagues, Huang Zhongbing is meticulous in his work. He has been a brother for more than ten years and has never violated company regulations, had a safety accident or been complained by passengers.

  Huang Zhongbing is also very proud of this: "Only by doing your own thing can you have more time and energy to help others."

  This is well-known and brings some opportunities to Huang Zhongbing. Once, some passengers wanted to invite him to work in their own company, and some people formed a new fleet and invited him to be an administrator. Huang Zhongbing declined: "I am just an ordinary driver. I don’t understand others and dare not promise others. Although I am tired now, I am very happy to help others often. "

  In the community of Huaishudian Road in Chengdu, Huang Zhongbing is known as a "nosy person". At the beginning, he repaired the path in front of the community with his own money, and then he participated in blood donation and donation to mobilize more enthusiastic people to join.

  Huang Zhongbing’s social status makes people feel that he has included the whole of Chengdu in the scope of "meddling", such as taxi association volunteers, observers of the District Disabled Persons’ Federation, members of the visually impaired mutual aid association, supervisors of the Environmental Protection Bureau, informants of the Chengdu Municipal Government Affairs Center, members of the fire brigade of the emergency rescue team, blood donation volunteers, and organ donation volunteers of the Provincial Red Cross Society & HELIP; …

  These identities make Huang Zhongbing’s management of "nosy things" more justified. He also showed a lot of WeChat groups and QQ groups to reporters, including staff from various government departments, and the daily "nosy things" can be reflected in time.

  He shows the beauty of a city’s heart.

  Huang Zhongbing’s kindness has been praised by many netizens. Netizen "Yao Xiaomei" said: "With these patrons, life in Chengdu is very warm." Some netizens said that Master Huang is an ordinary person who shows the beauty of Chengdu’s people.

  Huang Zhongbing said that he has always been understood and supported by his family in doing these public welfare activities. The son said, "Dad, as long as you are happy, I will support you!" " Huang Zhongbing will even take his lover to participate in public welfare activities. Hearing the gratitude of disabled people and non-profit organizations to her husband at the scene, her wife could not help but shed tears.

  The reporter learned from the Chengdu Municipal Transportation Commission that the public welfare undertakings that Huang Zhongbing participated in these years have more and more fans.

  In 2015, with the support of Chengdu Taxi Industry Association and its taxi company, Chengdu Yixing Leifeng Team was formally established, and Huang Zhongbing became the first captain. On the way out of the car, members of the motorcade took the initiative to help the lost children go home, carried the elderly, the sick and the disabled and other difficult groups for free, and returned countless important items such as mobile phones, wallets and certificates to passengers.

  "A person to do it, a team to do it, the strength is limited. Now we have several such taxi love fleets in Chengdu, and we usually support each other in everything. " Huang Zhongbing said that he is planning to cooperate with more motorcades and non-profit organizations and strive to provide help and support to more people.

FAW-Volkswagen has made another subversive work. FAW-Volkswagen CC BBA is most afraid of its listing!

In appearance, the 2020 FAW-still maintains its original design, and the overall look is very atmospheric. The front face is a family-style design style of Volkswagen. The middle net is decorated with chrome-plated material, and it is perfectly integrated with the long and narrow shapes on both sides. The shape of the headlight group is very sharp. On the side of the car body, the lines of FAW-Volkswagen-Volkswagen cc look very smooth, chrome-plated strips are used for decoration under the window, and with the sharp waistline design, the overall visual effect is very good and looks very beautiful. In the tail part, the shape of the taillight group is very beautiful, and it also has a good echo effect. The exhaust layout of the two sides at the bottom further enhances the sporty atmosphere of the whole vehicle.

In terms of interior, the interior of the new car continues the design of the current model. In terms of configuration, the new car has added a usb interface on the ceiling, a panoramic sunroof, and a three-zone automatic air conditioning screen. In addition, the maximum power of the 2.0t high-power engine is 220kw(299ps) and the peak torque is 400nm. The transmission system is matched with a 7-speed dual-clutch gearbox.

The length, width and height are 4869×1870×1459mm respectively, and the wheelbase has reached 2841 mm. In the same class, the wheelbase of FAW-Volkswagen CC ranks ninth. As a medium-sized car, its body size does not occupy much advantage in its class, and its internal seating space is only basically enough. After all, it is limited by the length and shape of the body. The skylight of the 380TSI Hunting Edition of FAW-Volkswagen CC Hunting Car provides a wider view, which can create a better visual environment and good sensitivity for the rear passengers and increase the light intake for the whole vehicle. Among the models of the same price and class, the trunk volume of FAW-Volkswagen CC ranks second. It can basically meet the luggage space for family travel. But there is no extra hidden storage space.

Volkswagen FAW-Volkswagen CC is equipped with a combination of 2.0 turbocharged engine (direct injection) and wet dual clutch (DCT). It will definitely bring unforgettable control charm. FAW-Volkswagen CC’s official measured acceleration score is 7.9S, ranking 14th among 180,000-250,000 medium-sized car models.

The active/passive safety configuration of FAW-Volkswagen CC is complete, includingAutomatic parkingZero tire pressure endurance tireAutomatic parkingSteep slope descenthill start assist controlknee airbagHUD head-up displayAnti-lock braking (ABS)Braking force distribution (EBD/CBC, etc.)Brake assist (EBA/BAS, etc.)Traction control (ASR/TCS, etc.)Active noise reductionEngine start and stopSide safety air curtainWireless charging of mobile phonenight vision systemLED daytime running lightsForward reversing radarTire pressure monitoringSteering wheel heatingBody stability control (ESP/DSC, etc.)Rear reversing radarFatigue reminderRemote parkingChild seat interfaceLane keeping (LKAS)Equal configuration.

Among them,Automatic parkingYou can avoid stepping on the brakes for a long time or needing to pull frequently;Steep slope descentCan safely pass through steep slope road conditions at low speed;knee airbagReduce the injury of the car interior to the occupant’s knees in the secondary collision.

In order to get a more comprehensive and objective understanding of FAW-Volkswagen CC, you can go to the FAW-Volkswagen CC forum and browse the messages of users who have purchased the car in history.

Enlarge the effectiveness of the "trade-in" policy

To better stimulate the consumption potential and do a good job of replacing old appliances with new ones, we should base ourselves on the present situation, make full use of various preferential policies, mobilize the enthusiasm of all parties, unblock and solve the difficulties, give full play to the leading role of standards, and let good policies play a good role.

Recently, with the promulgation of the Action Plan to Promote Large-scale Equipment Renewal and Trade-in of Consumer Goods, various forms of home appliance trade-in actions have been kicked off in various places and achieved good results. In the future, how to further release the consumption potential of the home appliance market through trade-in is worthy of attention.

As the main durable consumer goods in China, household appliances have a long industrial chain, a large market volume and a strong driving role. At present, a considerable number of household appliances have great potential for upgrading due to their long service life, hidden dangers in quality and safety, and relatively high energy consumption. Implementing the trade-in of household appliances can effectively activate the consumption potential of household appliances, help improve the quality and expansion of consumption, provide demand support for the smooth supply and demand cycle, and then promote the overall economic recovery.

At the same time, China has the largest consumer market of household appliances in the world, with a huge stock of household appliances, and there is a lot of room for energy saving, carbon reduction and resource conservation. Accelerating the green and low-carbon transformation and recycling of household appliances is an inevitable choice to achieve sustainable development. Implementing the trade-in of household appliances is conducive to promoting the recycling of resources. The data shows that an ordinary refrigerator can recycle 9 kilograms of plastic, 38.6 kilograms of iron, 1.4 kilograms of copper and other resources. In addition, new household appliances are often better than old ones in terms of energy efficiency, and energy conservation and carbon reduction can be greatly promoted by replacing old ones with new ones.

Trade-in of home appliances is not a simple replacement of similar products, but an upgrade to a higher-end, smarter and more environmentally friendly product, so that energy-saving, environmentally friendly and intelligent high-quality home appliances can enter thousands of households, which is conducive to enhancing consumers’ sense of acquisition, happiness and security. This move can also promote the development of home appliance manufacturing, retail, logistics, after-sales, recycling and dismantling, and play a certain role in increasing residents’ employment and income.

In the future, in order to better stimulate the consumption potential and do a good job of replacing old appliances with new ones, we should make full use of all kinds of preferential policies based on the present, unblock and solve the difficulties, and let good policies play a good role.

Overall coordination, fully mobilize the enthusiasm of all parties. Trade-in of household appliances involves a wide range, involving many localities and departments, as well as different links such as production, circulation, consumption and recycling. Therefore, we should pay attention to the linkage between departments and localities, make overall plans to support all links in the whole chain of household appliances production, sales, recycling and utilization, and realize the collaborative linkage between government, enterprises and people, upstream and downstream, and online and offline. Optimize the design of policy mechanism, benefit all stakeholders in the whole chain, fully stimulate the enthusiasm of manufacturers, sellers, recycling enterprises, dismantling enterprises, consumers and other parties, and promote good policies to be effective.

Comprehensive policy, get through the old-for-new plugging points of home appliances. Trade-in of household appliances involves a long chain and many links, and there are still some difficulties in the whole cycle of production, circulation, consumption and recycling. Only by effectively solving the outstanding shortcomings can we fundamentally release the policy effect and stimulate the consumption potential of the household appliances market. Do a good job in recycling waste household appliances, and build a closed loop of the whole chain of "replacement+recycling" by opening up recycling and replacement channels, so as to realize the integration of sending new products and collecting old ones, thus forming a strong traction for the trade-in business and better promoting the consumption of household appliances. Further improve relevant supporting facilities, strengthen the planning and construction of urban professional distribution centers, e-commerce logistics nodes and terminal distribution outlets, and focus on strengthening rural logistics infrastructure and sales and recycling outlets.

Give consideration to the long-term and give better play to the leading role of standards. What kind of standards have what kind of quality, and the level of standards directly determines the strength of product competitiveness. Reasonable standards are conducive to improving product quality and promoting the healthy development of the industry. For example, the energy consumption standard of household appliances directly affects the green development level of the whole industry. In the process of replacing old appliances with new ones, we should focus on making good use of the "baton" of standards, give play to the leading role of standards in the fields of energy saving, low carbon, health and safety, promote product upgrading and consumption upgrading, guide quality consumption, and let more high-quality household appliances enter residents’ lives. Maintain the dynamic update of household appliance standards, steadily improve the standard level, do a good job of effective connection with sales preferential policies, and give full play to the effectiveness of policies.

In order to achieve practical results, we should actively use all kinds of preferential policies. In the process of replacing old appliances with new ones, many places often introduce corresponding preferential policies. Accurate and effective financial support policies are conducive to stimulating residents’ willingness to buy, leading to the upgrading of household appliances consumption, and forming a virtuous circle of mutual promotion between supply and demand. It is necessary to be convenient and affordable, flexibly use policy tools such as consumer subsidies, consumer vouchers, and interest discounts on consumer loans, simplify the application process for preferential policies, give full play to the advantages of Internet platforms, and create a market atmosphere of enthusiastic consumption. Do what you can, reasonably determine the scope of financial support, and at the same time guide the business entities to make a balanced calculation according to the sales quantity, pricing and profit, and promote household appliances to be replaced with new ones through flexible price adjustment to ensure a reasonable profit space. (Shen Li)

Double 11 Tmall’s order failed to let UnionPay lie down, Alipay: the engineer wrote wrong English.

During the rush hour of "double 11" in the early morning, many users created orders, and some users reported "UnionPay is error" on Taobao Tmall client, which made netizens think that this was a failure of UnionPay system.

Some users reported errors in Taobao Tmall client. The picture comes from the Internet.

At noon on November 11th, Alipay, which has a delicate relationship with UnionPay, took the initiative to come forward and issued a statement saying: This error report really has nothing to do with UnionPay.

UnionPay subsequently issued a statement saying that Tmall has not yet connected to the UnionPay network and has no cooperative relationship with our company. Since the early morning of November 11th, the UnionPay network has been running stably and everything is normal. The above-mentioned error has nothing to do with the UnionPay network.

UnionPay issued a statement.

In the early hours of the morning, this error has been fixed.

The manager of Alipay’s public relations department explained in Weibo that this English prompt is an error code defined by Taobao engineers themselves, which means "consolidated payment failed and the creation of consolidated payment order failed." According to feedback from colleagues with good English, the English for combined payment is "combined payment" instead of "unionpay", which is the Taobao engineer’s mistake in writing English.

A statement issued by Alipay.

"The error chart appears in the process of combining payment orders, that is, the process of submitting orders, but it has not yet reached the stage of payment." Alipay internal staff told The Paper.

"This unintentional mistake has had a bad influence on UnionPay, and all our colleagues apologize. We won’t throw this black pot to anyone, please fasten it firmly on our heads. " Alipay statement said.

Although it was not Alipay’s problem, Alipay quickly clarified that the reason was that during the user payment process, Alipay established contacts with many banks, pocketed the receipt and transfer business, and directly bypassed the UnionPay transfer platform.

Alipay, as a third-party payment company, can talk to the bank point to point, and does not need UnionPay to connect, and the interface of online payment rates, prices and policies does not need UnionPay to provide. As far as online payment is concerned, UnionPay is parallel to other payment institutions. In short, it is more flexible to connect with banks by bypassing UnionPay.

Earlier, some analysts said that Alipay even broke the business model that UnionPay had maintained for more than ten years. The mode of UnionPay is bill collection-transfer-liquidation, but the mode of direct connection between Alipay and banks saves the transfer with UnionPay.

Unionpay Logo

It is worth noting that UnionPay also solemnly declared that "UnionPay" is the English name and registered trademark of China UnionPay, and China UnionPay enjoys legal rights and interests to it, and no organization or individual may use it without authorization. We reserve the right to pursue legal responsibility for any act that infringes upon the brand rights and interests of UnionPay or maliciously damages the reputation of UnionPay.

At 0: 9: 39 in the morning of November 11th, Alipay reached a payment peak of 120,000 transactions per second, and mobile payment accounted for 92%. At 1: 06 a.m., Alipay paid 200 million transactions, exceeding the 188 million transactions in double 11 in 2013. As of 12 noon on the 11th, the number of transactions of Alipay consumer credit product "Ant Flower Flower" has exceeded 96 million, an increase of over 110% year-on-year, making it one of the most popular payment methods in double 11.

Different from previous years, this year’s "double 11" consumer finance battlefield is even more full of smoke.

Ant Financial, the parent company of Alipay, has been fully deployed in the fields of consumer credit and insurance since September, and its consumer credit product Ant Flower Garden announced that it can apply for a temporary increase in the quota during the "double 11" period; JD.COM wants to open up the functions of its various financial products through this "double 11". Jingdong Finance upgraded its consumer credit products in mid-October: that is, it can get a credit line of 30,000 yuan through the opening of white bars in JD.COM Treasury; This year, Qihoo 360′ s financial business also joined the battle for the first time. The first personal credit product, 360 IOUs, has been launched, with a maximum quota of 200,000, which is intended to grab the big cake of "double 11" consumer finance.

Development and Reform Commission: Curbing "sky-high" moon cakes will focus on high-end hotels and restaurants.

CCTV News:According to the Announcement of WeChat official account of the National Development and Reform Commission, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Commerce and the General Administration of Market Supervision (hereinafter referred to as the Announcement), it is emphasized that operators such as hotels and restaurants should comply with the same regulatory requirements as other operators such as Shangchao when processing, making and selling moon cakes.

  In recent years, many hotels and restaurants have launched their own moon cake products during the Mid-Autumn Festival, providing consumers with more diversified and personalized choices and enriching the holiday market. However, a few high-end hotels and restaurants have become important channels for selling "sky-high" moon cakes. On the one hand, these enterprises use rare and precious ingredients, tie or mix high-priced goods, and over-luxury packaging, and create luxury goods in moon cakes with the help of brand advantages; On the other hand, the price of moon cakes is included in accommodation and meals to facilitate corruption.

  According to the requirements of the Announcement, hotel and restaurant operators are not allowed to use wild protected animal ingredients as mooncake fillings, tie or mix mooncakes with other commodities, or violate the mandatory standards of over-packaging. At the same time, if mooncakes are required to be settled together with accommodation fees and meals, the unit price and quantity of mooncakes should be listed separately. Relevant departments will focus on high-end hotels and restaurants, and carry out all-round supervision and inspection. Once violations of laws and regulations are found, they will be severely punished according to law.

Create a chip "iron curtain"? The American system won’t work.

It is reported that under the constant pressure from the United States, the United States and Japan are close to reaching an agreement to restrict the export of chip technology to China. The United States has been blocking China’s semiconductor industry for some time, not only making frequent moves against China, but also wooing countries in the semiconductor industry chain to increase export control to China. The practice of the United States is not only an abuse of export control measures, but also a serious departure from free trade and international economic and trade rules.

In recent years, the United States regards the chip industry as a key area of competition with China. The United States has spared no effort to block the development space of China’s chip industry, from wooing allies to jointly contain China to issuing the Chip and Science Act to heavily subsidize local semiconductor manufacturers, from the "core restriction order" against Huawei to a number of control "patches" around the export of advanced semiconductor products and technologies to China, from chips to equipment for producing chips. In the past few months, the U.S. government has sent officials to Japan and the Netherlands several times to discuss how to coordinate export control rules and pressure these allies to follow U.S. policies. However, in today’s highly globalized division of labor in the chip industry, the United States forcibly "decoupled" from China, which not only dealt a heavy blow to local chip manufacturers in the United States, but also seriously threatened the safety of the global semiconductor supply chain.

In April this year, the Federal Reserve Bank of new york, a subsidiary of the Federal Reserve Board of the United States, issued an assessment report, pointing out that export control measures against China "have brought great harm to American enterprises". For example, after losing customers in China, many American companies failed to find new customers and were forced to reduce jobs. For another example, the export control measures to China have caused the stock prices of relevant American suppliers to fall abnormally, and the market value of American enterprises has "evaporated" by 130 billion US dollars in recent years. It is precisely because of foreseeing the "backward force" of American policy that the executives of American chip companies, such as Intel, Qualcomm and NVIDIA, tried to lobby the American government not to cut off contact with China, the largest market, otherwise it would damage the efforts made by the United States in technological innovation and eventually lead to the loss of competitive opportunities in the semiconductor field. The American Semiconductor Industry Association warned that too broad unilateral regulation will only damage the American semiconductor ecosystem and will not promote "national security".

In addition to involving local enterprises in the whirlpool of Sino-US game, the United States has been putting its allies in the geopolitical gap through pressure. The logic of the United States is very simple. To achieve the goal of blocking the development space of China’s science and technology industry, it is necessary for allies to cooperate in unison. However, American allies are well aware of the risks and costs of the "anti-Chinese chip alliance", and blindly following the United States will only bring them pain. In order to avoid becoming a victim of the US strategy to contain China, some countries have tried their best to strike a "balance", and some enterprises have racked their brains to avoid the US ban. Martin Joel Zengpa, a senior researcher at the Peterson Institute for International Economics, an American think tank, wrote that if the United States wants to convince its allies and follow them, it needs to provide more reasonable explanations about "national security" to convince its allies that these measures are not to serve the commercial interests of American enterprises.

The United States has made great efforts to make China’s scientific and technological progress stumble. What it didn’t expect was that the export control to China had an "unexpected counter-effect"-accelerating China’s scientific and technological self-reliance. Huawei, which was "cut off" by the United States, is a typical example of its "upward transformation" under the heavy hammer. Huawei recently released the world’s first three-fold screen mobile phone, which triggered a strong market response. Paul Triolo, a scholar at the Center for Strategic and International Studies in the United States, wrote in the magazine American Affairs that since the United States imposed large-scale export control on China, with the continuous efforts of China enterprises and the attention of the China government, the semiconductor industry in China has undergone positive changes, the industrial structure has become more complex and diverse, and the investment types have become more novel. It is expected that there will be more new technological breakthroughs in the next few years.

The formation and development of global chip industry chain supply chain is the result of the joint action of market law and enterprise choice. For political purposes, artificial restrictions or forced "decoupling" violate the market economy and the principle of fair competition, undermine the international economic and trade order, disrupt the stability of the global industrial chain supply chain, and ultimately harm the interests of the world. In the long run, the United States’ attempt to build an "iron curtain" of chips can’t stop the development of China, and the initiative of the rise and breakthrough of China’s chip industry is in its own hands.