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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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.

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.

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.

Breathing deeply can kill people.

Last Saturday night, I worked as an emergency doctor on the flight back to Beijing. At that time, I covered the nose and mouth of a "suffocating" person with a cleaning bag on the plane, which saved her quickly. The people on the plane didn’t understand my actions very much, and even questioned me, "Let people who lack oxygen be more deprived of oxygen". What is the reason?

Emergency situation

Here’s what happened.

The patient is a young mother with a child over one and a half years old. When the plane is about to land, she suddenly has dizziness and nausea. At first I thought it was common airsickness, however, I soon found that the situation was not so simple. The young mother’s breathing became heavier and heavier, and sweat dripped from her pale face. She said that her hand was cramping and she could hardly hold the baby.

When I heard that my hand was going to cramp, my head buzzed: this is almost a replica of the thrilling scene that happened in our ward a few months ago. Therefore, I have a preliminary diagnosis.

I asked the flight attendants to find a plastic bag, but they seemed to understand my intention, but they couldn’t find it at the moment. In a hurry, I asked the flight attendant to tear open a cleaning bag and prepare to buckle it on the young mother’s face.

I have my reasons, but the young mother violently resisted. She cried painfully, "Take it away, I’m choking! I don’t want it! "

People around me looked at me with suspicion and even horror. I quickly said loudly: "I am a doctor! I will explain it to you later! "

After I exposed myself as a doctor, everyone withdrew some suspicious eyes, but the young mother still refused to let me cover my nose with a paper bag. I had to hold a paper bag, keep a short distance from her nose and mouth, and at the same time let her relax and not take deep breaths. It would be better if I could hold it for a while. I told her in an unquestionable tone: "Don’t worry! You can’t hold back! "

In order to reduce the young mother’s fear, I put the paper bag a little farther away from her mouth, so that she didn’t feel her mouth and nose covered. Although the bag is a little far away, the gas she exhaled will still be blocked by the bag and then inhaled by her again. This is correct in theory and necessary in practice.

At this time, someone asked me which hospital I was a doctor, and I blurted out, "I’m from Union Medical College Hospital!" " I didn’t hide it, mainly because I wanted to use the reputation of the "owner" to make patients more relaxed and reassure everyone, that’s all.

A few minutes later, the young mother said that she felt better, and her convulsive hands relaxed a lot. After the situation eased a little, people around me asked me why I had to cover her nose and mouth with a paper bag. Isn’t she more deprived of oxygen and more uncomfortable?

So, I told you what the doctor on duty in our hospital a few months ago said.

I’ll help.

This is a special dangerous situation called hyperventilation syndrome.

Young mothers with children may be too nervous, feel a little uncomfortable when the plane descends, and worry that their children will be left unattended, so they become more nervous, take a big breath and exhale a lot of carbon dioxide, which leads to the decrease of carbon dioxide concentration in the body, and a dangerous pathological situation-respiratory alkalosis appears.

The internal environment of human body needs to maintain acid-base balance, and carbon dioxide combines with water in the body to form carbonic acid. If there is lack of oxygen and too much carbon dioxide, acidosis will occur, such as patients with respiratory diseases or terminal stage. On the contrary, if there is too little carbon dioxide in the body, there will be insufficient carbonic acid, which will lead to alkalosis.

When respiratory alkalosis occurs, the combination of calcium ion and albumin in the blood increases, so that the concentration of free calcium ion decreases, and people will have increased nerve and muscle stress, feel numbness around the mouth and limbs, muscle spasm, tinnitus, etc., and tetany may occur, and even seizures may occur. If not handled in time, it will soon be life-threatening.

The young mother breathed heavily because of nervousness, and discharged the carbon dioxide from her body, resulting in a lack of carbon dioxide. So I will cover her mouth with a bag to let her breathe the carbon dioxide she exhaled back into her lungs, so as to improve the carbon dioxide concentration in her blood. After correcting the alkalosis, her hand and foot convulsions naturally eased.

Happy Ending

Before getting off the plane, the flight attendant gave me a small gift, thanking me for my help to the passengers on the plane and imparting medical knowledge. She said that although she had been trained about hyperventilation in the cabin emergency retraining, she didn’t know the medical reason. Moreover, with doctors present, doctors speak much more effectively than their flight attendants.

I have always believed that although evidence-based medicine is advocated now, medicine is still an empirical science to some extent. Some things, some diseases, only when you have seen and heard them, can you think of them, deal with them and dare to deal with them.

This is the fourth time that I have participated in the "rescue" of passengers, but it is the only time that I have actually used my professional knowledge to save the lives of passengers who feel "dying". This is also the main reason why I share this story.

Air tickets can also be bought to save up the popular "ticket-hoarding tour" in "double 11"

  I often hear about "hoarding new year’s goods" and "hoarding Chinese cabbage" … … So, have you ever heard of "ticket hoarding tour"? With the approach of "double 11", the demand for "ticket hoarding tour" of consumers has ushered in an outbreak. The so-called "ticket-saving tour" means buying first and redeeming it when there is a need for travel. This kind of tourist consumption pattern of "hoarding air tickets" has gradually become the new favorite of young and middle-aged consumers.

  On November 7th, the reporter learned from a travel platform that as of 24: 00 on November 5th, the platform "double 11" had sold more than 300,000 pieces of "fly at will" and other air tickets, and many popular products had gone through several rounds of replenishment.

  "ticket-hoarding tour" is becoming more and more popular;

  Someone is filial to his father to buy a plane package.

  Mr. Hu, a Chengdu citizen who bought the "Fly 6.0 Global Edition" package released by Spring Airlines, said, "As long as it costs more than 3,300 yuan, it is relatively cost-effective, especially this 6.0 version can also be used in international flights. I want to take my dad out to play more places and buy him a copy. "

  The reporter learned from Spring Airlines that the single version of the package is priced at 3,399 yuan. The flight date for redeemable package tickets is from now until March 30th, 2024 (excluding 40 days in Spring Festival travel rush), including New Year’s Day holiday, which can be redeemed only 3 days in advance.

  In addition to buying packages, going to the live broadcast platform to snap up a single ticket has become a new "play" for many young people. The reporter learned from Spring Airlines that the airline company sells 99 yuan and 199 yuan one-time cards in the official live broadcast room every Tuesday and Friday, which can be redeemed for many popular domestic and international routes, and promises to get a full refund if they are not redeemed.

  "I grabbed a 199-yuan one-time card and waited until New Year’s Day to go to Hangzhou with my roommate." Wang Zhi, who majored in law in Chengdu, said, "I used to spend the winter in the west. This winter, I want to go to the Jiangnan water town in the east to experience it." Wang Zhi also revealed to reporters that it is not uncommon for people of the same age around him to "take advantage of discounts and hoard one or even several tourist ticket coupons until they are interested or have more friends to have time together".

  The relevant person in charge of the tourism platform said that due to the rising demand of young consumers for more flexible and mobile goods, the consumption habit of buying first and using it when needed has become one of the mainstream forms of tourism consumption. "Specific to air tickets, that is, in the traditional ‘ Search-Booking-Ticket Issuing ’ Outside the mode, ‘ Browse-Store Tickets-Use ’ The way is becoming more and more popular. "

  Insiders:

  It has the effect of expanding revenue for the platform and the airline itself.

  In fact, the equity goods of "hoarding first and then agreeing" are the cost-effective products obtained by the merchants by transferring some certainty and convenience, which is also in line with the consumer psychology of young people "can buy expensive, but never buy expensive".

  In addition, the organization and design of rights and interests air ticket products are more flexible, such as multiple cards of the same airline, connecting flights with specific transit places, regional flight cards with airports as anchor points, business class sub-cards for long-distance flights, etc., which have stimulated the "special forces" tourism consumption demand of enriching travel experience and punching in more potential destinations.

  The reporter inquired about the data of the tourism platform and found that the relevant information in the past three years fully supported the above conclusions: in 2021, the cumulative sales volume of "flying at will" products of eight airlines exceeded 100,000; In 2022, in "double 11", the cumulative sales of explosive ticket products exceeded 300,000 pieces; In this year’s "double 11", as of November 5th, more than 300,000 pieces of airline ticket products have been sold, and a new record is about to be born. In addition, the annual "Double 12", "618" and other promotional nodes, "Fly with Your Heart" and airline ticket sub-card products are one of the most popular types of goods.

  In the face of this change in consumption patterns, the relevant person in charge of the tourism platform said, "It is a good thing for the platform." He believes that, first, the platform can expand sales through the form of goods that young people prefer, and expand and lock in a large number of customers. Second, the platform has more operating space to maintain its stickiness for customers who have hoarded "flying at will" and air tickets. Third, the "ticket-hoarding tour" is also an important opportunity for the platform to take advantage of ecology and innovation to create commercial value for the merchants on the platform.

  "Similarly, it is also a good thing for the airline." The person in charge said that the airline company can achieve better revenue management through the precise operation of specific routes and specific cabins, the organization of rights and interests goods, and the operation of air tickets booked on specified travel dates. At the same time, the data and trends of consumers’ "hoarding goods" can help airlines make more detailed decisions on auxiliary operations and transportation capacity. Chengdu Business Daily-Red Star Journalist Ye Yan Intern reporter Hu Qian

The countdown to Tesla FSD’s entry into China is the key to the sales break.

The countdown to Tesla FSD's entry into China is the key to the sales break.

On the night of April 27th, Tesla CEO Musk boarded a private jet in gulfstream G550 for Beijing.

There is a dark cloud hanging over his mind-Tesla’s global sales growth has slowed down, Zachary Kirkhorn, vice president of finance who has been with him for more than 10 years, and Drew Baglino, senior vice president of power engineering, have left one after another, and this month, Tesla announced that it will lay off more than 10% of its employees worldwide, affecting tens of thousands of employees.

The sales dilemma needs to be reversed urgently. The Mexican factory has made slow progress, and the Indian factory is still far away. Although the competitors in the China market are fierce as wolves, the sales in China account for one-third of Tesla’s global sales, and the Shanghai factory also contributes nearly half of Tesla’s production capacity. Musk has undoubtedly found an emergency plan to save the current dilemma.

36Kr learned that Musk was going to China with Lars Moravy, vice president of vehicle engineering, and Zhu Xiaotong, senior vice president of automobile business. Lars is considered by Tesla employees to be about to replace Drew Baglino, and he and Zhu Xiaotong are obviously Musk’s right-hand men at the moment. Lars went to the Shanghai factory, while Musk stayed in Beijing.

Most of the projects are progressing smoothly. On the day of Musk’s visit to China, Tesla Model 3 and Model Y passed the four compliance requirements of automobile data security, and the ban on parking and driving will be lifted, which obtained the most basic road passes for the large-scale application of FSD in China market.

Since then, the news that Tesla is about to launch FSD in China has spread like wildfire. Before the US stock market opened on April 29th, Tesla’s share price rose by over 12%.

This is a rare share price rise of Tesla this year. In the past three months, Tesla’s share price has fallen by more than 40%, and its total market value was as low as $468.323 billion.

In 2018, Tesla suffered a productivity hell. After Musk visited China, Tesla Giga Shanghai completed the construction and put into production in just 10 months, helping Tesla out of the trough. At present, the status quo of Tesla is similar to that of six years ago. This time, can Tesla create miracles again?

FSD’s first-hand preparation for entering China

Tesla is not only a new energy car company, but also an AI company. The rapid development of Tesla AI technology is driven by technologies such as FSD(Full-Self Driving) and humanoid robot.

On the day of his arrival in China on April 28th, Musk said on the social platform that Tesla would invest about $10 billion this year for AI training and reasoning, and the AI reasoning was mainly used for cars. "Any company that spends less than $10 billion a year or is inefficient cannot participate in market competition."

But the more huge the investment, the more Tesla is eager to make profits with AI technology. In order to promote FSD, in March this year, Musk also sent an email to all employees, asking users to experience the FSD(Supervised) function when they test drive. In addition, Tesla also launched a one-month FSD free package experience to millions of users in North America.

With over 1.7 million owners, Tesla China is a market that FSD can’t miss. Tesla has been planning for the landing of FSD in China.

Cooperation with Baidu related map business is an important breakthrough for FSD to enter China. 36Kr learned from various sources that Tesla and Baidu have three cooperation in map business: car navigation map, advanced assisted driving map and compliance cloud.

"Baidu gave the version numbers of Tesla navigation map and Gaofu map respectively." Informed sources revealed.

Tesla owners are no strangers to Baidu car navigation maps. Since January 2020, Tesla has been equipped with Baidu navigation map on the car system.

In addition to navigation maps, the cooperation between Tesla and Baidu in advanced assisted driving maps and compliance clouds is even more critical, which has promoted the landing of FSD in China.

Previously, Tesla FSD had been facing a big compliance threshold when it entered China. According to the notice issued by the Ministry of Natural Resources in August, 2022, it is a surveying and mapping activity to collect road data by intelligent networked vehicles with cameras, lidar and other sensors. Foreign-invested enterprises must entrust enterprises with surveying and mapping qualifications to conduct surveying and mapping and process data.

Screenshot of the Notice of the Ministry of Natural Resources on Promoting the Development of Intelligent Networked Vehicles and Maintaining the Safety of Surveying and Mapping Geographic Information

In other words, Tesla, as a foreign-funded enterprise, needs to cooperate with a local enterprise with surveying and mapping qualifications in China, that is, a map manufacturer, in order to launch a smart car. Baidu Map is one of the 19 companies with Grade A map qualification in China, which meets the cooperation requirements of Tesla.

A person familiar with the matter told 36Kr that the cooperation reached between the two parties was "mainly the compliance processing of sensor data". Specifically, with the Grade A mapping qualification of Baidu map, the data collected by Tesla vehicle sensors need to be classified, coordinate deflected and desensitized on Baidu compliance cloud before they can flow to the automatic driving training.

Another person close to Baidu Map told 36Kr that the two parties started cooperation in December 2022, but before that, Tesla production vehicles had not passed the domestic automobile data security requirements, and the data compliance work of both parties was limited to Tesla test vehicles, which was not large in scale.

Tesla will be used for FSD model training and so on. According to 36Kr, Tesla-related autopilot data center has landed in Shanghai.

In addition, according to 36Kr’s previous report, Tesla has established a data labeling team and an operation team in China, and sent engineers from the US headquarters for training to promote the landing of FSD in the China market.

As the preparatory work draws to a close, Tesla is expected to open a business chapter of autonomous driving in China. According to 36Kr, at present, Tesla has over one million vehicles with FSD capability in China. However, it should be noted that if Tesla FSD function is used, users need to pay 64,000 yuan separately.

This price is far from touching people’s hearts. On the contrary, under the fierce domestic smart driving competition, at present, only Huawei’s high-level smart driving has started the user charging mode, and other car companies’ smart driving functions are basically free for users.

Tesla is also aware of the problem that FSD users are not willing to pay. In order to stimulate users, Tesla recently announced in the United States that the monthly subscription price of FSD has dropped from $199 to $99 per month; The buyout price of FSD also dropped from $12,000 to $8,000. Considering the domestic competitive environment, if Tesla FSD is further established in China, it may also adopt a monthly subscription model.

Tesla trams have been in China for 10 years, stirring the pattern and ecology of the domestic automobile industry with the attitude of catfish. It is another historic moment for Tesla to clear the obstacles when FSD enters China.

However, the domestic automobile market is far from that of ten years ago. Smart drivers such as Huawei, Tucki and Weilai are gearing up, and the industry competition is more full and players’ fighting spirit is stronger. It is difficult for Tesla’s FSD to be as fearless as when the tram entered China.

Tesla’s advantage chip may lie in the fact that FSD will not start too slowly in China with the massive data of millions of vehicles.

FSD, Tesla’s sales hope

The current Tesla is experiencing a new round of revenue crisis, and FSD may be the key to change its dilemma in the short term.

On April 24th, Tesla released its Q1 2024 financial report. During the reporting period, Tesla’s total revenue was $21.301 billion, and its revenue decreased by 9% year-on-year, which was lower than the market expectation of $22.3 billion.

Among them, the total automobile revenue was $17.378 billion, down 13% year-on-year, and GAAP operating profit was $1.2 billion, down 56% year-on-year. Accordingly, the gross profit decreased by 18% to US$ 3.696 billion.

The decline in sales is the main reason for the decline in Tesla’s revenue. According to the financial report data, in Q1 this year, Tesla produced 433,000 vehicles, down about 1.7% year-on-year, and delivered 387,000 vehicles, down about 8.3% year-on-year.

In order to change the current situation of sluggish sales, Tesla is taking several countermeasures.

On April 21st, Tesla China lowered the price of all products by 14,000 yuan, the price of Model 3 was reduced from 245,900-285,900 yuan to 231,900-271,900 yuan, and the price of Model Y was reduced from 263,900-368,900 yuan to 249,900-354,900 yuan. In the American market, Tesla also reduced the price of all products by $2,000.

However, since Tesla started several rounds of price cuts last year, its role in stimulating sales is close to failure. According to the data of the Federation, in the first quarter of this year, the retail volume of Tesla China was 132,420 vehicles, down 3.6% year-on-year.

In order to increase sales, Musk announced the production of low-priced models in advance, from the second half of 2025 to the end of 2024 or 2025. Compared with the new models that have not yet been put into production, the more mature FSD will be put on the market, or Tesla sales will be promoted faster.

According to the data of the Passenger Car Association, in 2023, the penetration rate of intelligent driving of L2 and above in China passenger car market reached 42.4%, and consumers’ recognition of intelligent driving was gradually increasing.

According to a person in the intelligent driving industry, the level of intelligent driving in China has developed rapidly in recent years. Although Tesla FSD has lost its technical advantage when it entered China, its technology and scenes have accumulated deeply. After training domestic data, the level of intelligent driving in will soon reach the domestic leading level.

"After the FSD comes in, the methodology of Tesla’s autonomous driving and AI infrastructure may also be learned by domestic companies." The above-mentioned person said.

At present, intelligent driving function is becoming one of the core selling points of new energy vehicles. Jin Yuzhi, CEO of Huawei’s smart car solution BU, once said that 70% of users in the world choose Huawei’s advanced smart driving package. LI has repeatedly stated that intelligent driving technology will be the core strategic goal in the future.

Tesla’s enhanced automatic assisted driving function sold in China has lagged behind the first echelon of intelligent driving in China, but after the introduction of FSD, Tesla can quickly make up for its lack of advanced intelligent driving ability.

The high-order intelligent driving function of China car companies mostly relies on multi-sensor schemes such as laser radar, and the high hardware cost leads to the application of more than 200,000 yuan.

Tesla adopts a low-cost pure visual intelligent driving scheme, which can flexibly apply FSD function to different price models. This means that if Tesla successfully launches a low-priced model and combines existing products, Tesla will realize the high-level intelligent driving function for the model of 100,000-300,000 yuan. Tesla will grab the market cake from its competitors in China by playing with low-priced models and high-level intelligent driving functions.

On this basis, with price reduction measures, Tesla, which still has room for price reduction, will have both technical and price advantages, which can further expand the market share of new energy vehicles.

Nowadays, Tesla’s FSD seems to be only one foot away from China, and this will be the card for Tesla to return to the first echelon of sales and open the gap with its opponents.

The Climbers appeared in Cannes, and Jason Wu led China’s tough guy to win international attention.

  The Climbers will be released nationwide on September 30th this year.

  The latest exposure of The Climbers international poster.

  The Climbers screenwriter and famous writer Alai.

  Recently, the film The Climbers, written by the famous writer Alai, appeared in the "SIFF China Day" of the 72nd Cannes Film Festival, exposed two international posters for the first time, and appeared on the cover of the official magazine Variety of Cannes Film Festival and reported in a large page, which attracted much attention from the media at home and abroad.

  The main lineup can be called "national inspection-free lineup"

  The Climbers’s main lineup can be described as full of gold, with producer Tsui Hark, director Li Rengang and screenwriter Alai, starring Jason Wu, Zhang Ziyi, Zhang Yi, Jing Bo Ran, Hugh, Wang Jingchun, He Lin, Chen Long, Liu Xiaofeng, Qunittsering, Lavang Rob and Dobujie, and Jackie Chan’s friendship.

  Loy thinks Jason Wu is a very hard-working person.

  Ah Lai, who went to shoot the scene to visit the class, thought that Jason Wu was a very hard-working person, so maybe he should have his temperament as a mountaineer. It’s hard to shoot in the ice and snow, and he doesn’t need body double with injuries. Jason Wu said at the closing ceremony of The Climbers not long ago: "We felt the altitude, snow, hardship and friendship when shooting. Thanks to The Climbers for letting us feel the purity, purity and happiness of the film wholeheartedly. Only by truly feeling the film can we make a good film."

  The difficulty of production refreshes the history of Chinese movies

  At the "SIFF China Day" in Cannes, Tan Xinzheng, deputy general manager of Shanghai Film Co., Ltd. said frankly: "In order to restore the magnificent wonders of Mount Everest, the film has refreshed the creative history of Chinese films in terms of production specifications and shooting difficulty, hoping to give it a unique oriental charm and become a new type of film full of oriental colors." Two international posters, "Gathering" and "Side by Side", were also released at the event site, in which climbers braved the cold snow and unknown obstacles and made concerted efforts to launch an impact on the top of the world.

  Huaxi Dushi Bao-cover journalist john young

The beautiful Gree "wrestles"! He Xiangjian invested 2.2 billion in Kelu Electronics, and the new energy of home appliances was overweight.

  Kelu Electronics (002121.SZ), which planned to change hands, quickly found the takeover party. 

  Kelu Electronics announced on the evening of May 23rd that it intends to raise no more than 1.386 billion yuan from Midea Group (000333.SZ) in its non-public offering of shares. After the issuance, Midea Group will take over from Shenzhen Capital Operation Group Co., Ltd. (hereinafter referred to as "Shenzhen Capital Group") and become the controlling shareholder of Kelu Electronics. 

  Midea Group’s total increase in Kelu Electronics in 2022 is mainly due to the consideration of overweight energy management and energy storage industry. The home appliance giant with a market value of 370 billion entered the house, and the market sentiment responded enthusiastically. On May 24th and 25th, Kelu Electronics (002121.SZ) won the daily limit for two consecutive days, and its share price rose from 4.13 yuan/share before suspension to 4.99 yuan/share. 

  However, from the current point of view, the subscribed Kelu Electronics has a poor color, which not only has sustained losses in the past five years, but also accumulated as high as 4.064 billion, and the debt ratio remains high. 

  In this regard, in Midea’s group stock bar, there are many complaints from minority shareholders: "The acquisition of Kelu Electronics is pure love, knowing that the next winter is still a loss-making garbage?" "Why don’t you spend more money to buy back your own stock and cancel it?" "What company vision! Bad reviews should deduct the management KPI. " 

  In the secondary market, on May 24th and 25th, Midea Group closed down for two consecutive days. As of May 25th, the closing price was 53.4 yuan/share, with a market value of 373.6 billion yuan. 

  The insiders believe that in the context of the household appliance industry entering the stock market, giants need diversified development, and new energy is one of the high-quality tracks.

  Midea’s sweeping increase, taking over the Shenzhen SASAC. 

  Kelu Electronics’ plan for non-public offering of A shares in 2022 involves three companies. 

  First of all, Midea Group signed an agreement with Kelu Electronics to fully subscribe for the company’s 2022 non-public offering of shares in cash, and the number of shares issued shall not exceed 30% of the company’s total share capital before this issuance, that is, no more than 423 million shares (inclusive). The issue price of this non-public offering of shares is 3.28 yuan/share, and the total amount of funds to be raised does not exceed 1.386 billion yuan. 

  Midea Group not only covered the fixed increase of Kelu Electronics in 2022, but also signed an agreement with Shenzhen Capital Group, the controlling shareholder of Kelu Electronics, which intends to transfer its 126 million shares of Kelu Electronics (accounting for 8.95% of the company’s total share capital on the date of signing the agreement) to Midea Group at a price agreement of RMB 6.64 per share. In addition, Shenzhen Capital Group has the right to choose to continue to transfer some of its shares to Midea Group at the same price. 

  As of the announcement date, Shenzhen Capital Group holds 342 million shares of Kelu Electronics, with a shareholding ratio of 24.26%. According to the upper limit of the issuance, Midea Group will hold 29.96% of the shares and voting rights of Kelu Electronics, the controlling shareholder of the company will be changed from Shenzhen Capital Group to Midea Group, and the actual controller of the company will be changed to He Xiangjian, the actual controller of Midea Group. However, the shareholding ratio of Shenzhen Capital Group became 11.78%, relegating to the second largest shareholder.

  Image source: Kelu Electronic Announcement 

  According to public information, Kelu Electronics was founded in 1996 and listed on the Shenzhen Small and Medium-sized Board in 2007. Rao Lu Hua, its founder and former actual controller, was listed on the Hurun Rich List in 2018 for 3.9 billion yuan. 

  In August 2018, Shenzhen Capital Group began to invest in Kelu Electronics. Shenzhen Capital Group, wholly owned by Shenzhen State-owned Assets Supervision and Administration Commission, is a state-owned auxiliary performance platform and a professional platform for state-owned capital operation specially established in Shenzhen. Its main businesses are mergers and acquisitions, equity investment, industrial funds and market value management. 

  On June 19th, 2019, after Shenzhen Capital Group increased its holdings by 1,012,900 shares through centralized bidding, its total shareholding reached 24.26%, surpassing Rao Lu Hua, the original actual controller of the company, and became the largest shareholder. 

  In May 2021, almost all of Rao Lu Hua’s shares in Kelu Electronics were pledged and frozen, and he gave up control of the company. On June 5 of the same year, the controlling shareholder and actual controller of Kelu Electronics were officially changed to Shenzhen Capital Group. 

  Originally, Shenzhen SASAC intends to continue to hold Kelu Electronics. On December 29, 2021, Kelu Electronics released the plan for the non-public offering of A shares in 2021. At that time, Shenzhen Capital Group planned to participate in the issuance and subscription with no more than 540 million yuan in cash. 

  However, just as Kelu Electronics announced the non-public offering of A shares in 2022, it also announced the termination of the non-public offering of shares in 2021, and reached an agreement with Shenzhen Capital Group to terminate the original Share Subscription Agreement. According to the agreement of equity transfer price, Midea Group needs to pay 837 million yuan to Shenzhen SASAC to acquire 126 million shares, adding 1.386 billion yuan, and Midea may spend at least 2.223 billion yuan to gain control of Kelu Electronics. 

  "Arm wrestling" with Gree 

  In recent years, Kelu Electronics has poor management and high asset-liability ratio, and has continued to lose money since 2017. 

  From 2017 to 2019, Kelu Electronics deducted non-net profit of-122 million yuan,-1.241 billion yuan and-1.781 billion yuan respectively, down by 283.07%, 919.96% and 43.48% year-on-year. From 2020 to 2021, Kelu Electronics still lost money, but the range narrowed, and the non-net profit deducted was-320 million yuan and-600 million yuan respectively. 

  From 2017 to 2021, Kelu Electronics accumulated losses as high as 4.064 billion yuan. What does Midea Group take a fancy to Kelu Electronics? 

  Midea Group said that Kelu Electronics, as a leading integrated service provider in the energy field in China, has a solid technical foundation and market foundation, and has great development potential. Midea Group hopes to gain control of Kelu Electronics based on its good development prospects and the vision of promoting the development of China’s new energy industry. 

  Midea also said that with the further development of national energy transformation and power system reform, under the goal of "double carbon", the new power system with new energy as the main body will be the core component of the future energy system. 

  In fact, in the field of new energy, Gree Electric (000651.SZ), as one of the "home appliances giants", has already run ahead. 

  In 2016, Dong Mingzhu invested RMB 1 billion from his own pocket as a natural person in Zhuhai Yinlong New Energy Co., Ltd. (hereinafter referred to as "Zhuhai Yinlong"). Zhuhai Yinlong is mainly engaged in the research, development, production and sales of lithium titanate materials, lithium titanate power batteries, core components of electric vehicles, complete electric vehicles and charging equipment for electric vehicles. In recent years, it has developed rapidly in the new energy industry and electric vehicle industry. 

  By August, 2021, through judicial auction in Gree Electric and the voting rights corresponding to the equity entrusted by Dong Mingzhu, Gree Electric totally controlled 47.93% of the voting rights of Yinlong New Energy (formerly Zhuhai Yinlong) and officially obtained the control rights of Yinlong New Energy. 

  At that time, Gree Electric said that through the core technology of lithium titanate battery mastered by Yinlong New Energy, Gree could quickly cut into the field of new energy electric vehicles and, more importantly, make great achievements in the energy storage business. Compared with the stock competition in the home appliance market, the energy storage business in the trillion market will be a new kinetic energy for Gree’s growth. 

  In November 2021, Gree acquired a 29.48% stake in Dunan Environment (002011. SZ), a leading enterprise in the global refrigeration component industry. 

  Relatively speaking, Midea He Xiangjian entered the new energy track late. 

  On February 16th this year, the signing and foundation laying ceremony of the new strategic base for new energy auto parts of Anqing Weiling Auto Parts Co., Ltd., a subsidiary of Midea Group, was held in Anhui. It is reported that the total investment of the project is about 11 billion yuan, of which the investment in fixed assets is about 6.5 billion yuan, which is one of the largest projects invested by Midea Group. 

  The business related to new energy vehicles is a major direction for Midea Group in the future. In order to cooperate with the strategic adjustment, Midea Group has previously made a number of mergers and acquisitions. 

  In March 2020, Midea acquired 18.73% of the shares of Hekang Xinneng for 743 million yuan. The company has the industrial chain business of new energy vehicles and their charging piles; In December 2020, Midea acquired Hitachi compressor in Thailand and incorporated it into the unified management of the group’s electromechanical business group; In February, 2022, the groundbreaking ceremony for the new strategic base of new energy auto parts of its subsidiary Anqing Weiling Auto Parts Co., Ltd. was held in Anhui, with a total investment of 11 billion yuan. 

  However, Liu Buchen, a senior observer in the home appliance industry, said that these actions of Midea involve the driving motor and auxiliary driving of new energy vehicles, not energy. 

  "The acquisition of Kelu Electronics by Midea is mainly for the layout of smart grid, new energy and comprehensive energy service tracks. On the sooner or later, Gree comes first. Midea had basically no layout in the new energy track before, starting with the acquisition of Kelu Electronics. " Liu Buchen told Time Finance. 

  According to public information, Kelu Electronics’ core business is smart grid business, and it is the mainstream supplier of State Grid and China Southern Power Grid. At the same time, Kelu Electronics is also one of the earliest enterprises in China to enter the field of energy storage system integration, and also carries out new energy business including energy storage business, new energy vehicle charging and operation business, and comprehensive energy services. 

  The home appliance giant with a market value of 370 billion entered the house, and the market sentiment responded enthusiastically. On May 24, Kelu Electronics had a daily limit within a few minutes after the opening, and sealed the daily limit until the close. On May 25th, Kelu Electronics continued its upward trend, winning a word board and closing at 4.99 yuan/share. 

  On the same day, Time Finance called Kelu Electronic Securities Department, and its staff said that the non-public offering plan was only a pre-plan at present, and it was still in the initial stage, and it would take some time before it landed. The specific landing plan involved many departments and had to be approved by the CSRC. 

  However, the shareholders of Midea Group do not buy it. In Midea’s group stock bar, there are many complaints from minority shareholders: "Buying Kelu Electronics is pure love, knowing that it will be a cold winter and buying a loss-making garbage?" "Why don’t you spend more money to buy back your own stock and cancel it?" "What company vision! Bad reviews should deduct the management KPI. " 

  On May 25th, Midea Group fell slightly by 0.73% to 53.4 yuan/share. Regarding the acquisition of Kelu Electronics, Time Finance called Midea Group for an interview, but as of press time, he could not get through.

The agricultural and rural economy maintained a steady development trend.

In the first half of this year, all localities and departments conscientiously implemented the central government’s policies of strengthening agriculture, benefiting farmers and enriching farmers, vigorously promoted the structural transformation of agriculture, and actively promoted the structural reform of the supply side of agriculture and the reform of key rural areas. The development of agricultural production was generally stable, the construction of infrastructure facilities continued to strengthen, the momentum of rural industrial integration was good, farmers’ income continued to grow, and rural reform and innovation steadily advanced, laying a good foundation for the rural economic development during the 13 th Five-Year Plan period.

First, agricultural production is generally stable and structural adjustment is carried out in an orderly manner.

First, the summer grain has been harvested again. The total output of summer grain was 139.26 million tons, a decrease of 1.621 million tons or 1.2% over the previous year, but it still ranked the second highest in history. The sown area of summer grain was 414.5 million mu, an increase of 0.03%; The yield per unit area was 336 kg/mu, a decrease of 1.2%. It is estimated that the area and output of early rice will decrease slightly this year.

Second, the production of cash crops is basically stable. The output of rapeseed harvested in summer is flat and slightly reduced, and the total output is estimated to be about 13 million tons, which is 500,000 tons less than that of the previous year. Cotton planting continues to decrease. According to the survey of planting intention of the Development and Reform Commission, the cotton planting area this year is about 56.2 million mu, 5.3 million mu less than the previous year. Vegetable production was basically stable. According to the information monitoring points of 580 key counties monitored by the Ministry of Agriculture, vegetable production in May was flat year-on-year and increased by 19.3% from the previous month.

Third, the production of animal husbandry declined steadily. In the first half of the year, the output of pork, cattle, sheep and poultry was 38.53 million tons, down 1.3% year-on-year, of which the output of pork was 24.73 million tons, down 3.9%. The number of live pigs was 402.03 million, a year-on-year decrease of 3.7%; 319.59 million pigs were slaughtered, a year-on-year decrease of 4.4%. Since December last year, with the rise in pork prices, the profit of raising pigs has increased for six consecutive months. Affected by the decrease of pig consumption demand in summer, the slaughter price of pigs fell in June, and the average profit of farmed pigs was 573 yuan, which was still at a historical high level. In June, the stock of fertile sows reversed the previous 30-month-on-month decline, the pig production capacity gradually recovered, and the pork supply was guaranteed in the second half of the year.

Fourth, the adjustment of agricultural structure has achieved initial results. Actively promote the adjustment of planting structure in the "sickle bend" area and promote the coordinated development of planting and breeding. It is estimated that the corn planting area will be reduced by more than 30 million mu this year. Efforts have been made to control outstanding problems in the agricultural environment, and the scale of pilot projects to control heavy metal pollution in cultivated land and groundwater overexploitation has been further expanded. Pilot projects have been launched to control cultivated grasslands in the farming-pastoral ecotone, comprehensively control agricultural non-point source pollution, and protect black land in Northeast China.

Second, the structural reform of the agricultural supply side was accelerated, and the reform of key rural areas was steadily advanced.

First, the efforts to make up for shortcomings in agriculture and rural areas have increased. This year, more than 230 billion yuan will be invested in the central budget for agriculture and rural construction to ensure that the investment in agriculture and rural areas will not be weakened and the total amount will increase. Vigorously promote the construction of high-standard farmland, and this year, the central government has allocated 76 billion yuan, which can build about 64 million mu of high-standard farmland. The construction of major water conservancy projects is progressing smoothly. Of the 172 major water conservancy projects, 88 have been started. Six projects, such as Xiajiang in Jiangxi and Hekou Village in Henan, have been basically completed and brought into play. Eight major projects, such as the second phase of Tianjin Yongding New River Regulation and Wuxikou in Jiangxi, have been basically completed. Key forestry ecological projects were accelerated, with a total afforestation area of 63.33 million mu in the first half of the year. The reform of "three subsidies" in agriculture and the integration reform of agriculture-related funds were actively promoted, and the interest compensation mechanism in major grain producing areas was studied and improved, and the agricultural subsidy system oriented to green ecology was accelerated.

Second, the reform of agricultural product price formation mechanism has been further deepened. According to the deployment of the State Council, on the basis of basically stabilizing the minimum purchase price level of rice and wheat, the minimum purchase price of early indica rice was lowered for the first time in 2016, gradually changing the market expectation of rigid price increase. Promote the reform of corn purchasing and storage system, and adjust the temporary purchasing and storage policy of corn in Northeast China to a new mechanism of "market acquisition" and "subsidy". Further promote the target price reform of cotton in Xinjiang, soybeans in Northeast China and Inner Mongolia, reduce operating costs, and ensure that subsidy funds are paid to farmers in full and on time.

Third, the pilot reform in key rural areas was carried out in an orderly manner. Rural land expropriation, collective construction land entering the market, and homestead system reform were carried out in 33 counties (cities, districts). Rural collective assets are confirmed to households and the reform of joint-stock cooperative system is promoted by classification, and the pilot project of farmers’ joint-stock cooperation continues. The innovation of rural financial system was actively promoted, the pilot measures for rural contracted land management rights and farmers’ housing property rights mortgage loans were introduced, the pilot projects for rural collective construction land mortgage loans were launched, the agricultural insurance regulations were revised, and the administrative examination and approval items for agricultural insurance market access were cancelled.

Three, the development momentum of rural industrial integration is good, and farmers’ income continues to grow.

First, new models and formats of rural industrial integration and development are constantly emerging. Support for the development of rural industrial integration has been increasing. Since last year, the state has arranged a total of more than 21 billion yuan of special construction funds to drive social capital to invest more than 300 billion yuan in the construction of rural industrial integration development parks and key projects. Sichuan, Hunan and other provinces actively promoted the establishment of investment funds for rural industrial integration development, which further incited social capital investment. Efficient, three-dimensional and circular agriculture, focusing on the combination of agriculture and animal husbandry and agriculture and fishing, was accelerated, and the integration of production and city, which combined rural industrial integration development with new urbanization, was accelerated. "Internet+agriculture", supported by information technology and e-commerce, developed rapidly, and the combination of agriculture and tourism was characterized by pastoral landscape tours, agricultural experience tours and folk customs tours.

Second, migrant workers and other personnel are returning home to start businesses in the ascendant. Attracted by the national policy of strengthening agriculture, benefiting farmers and enriching farmers and supporting migrant workers to return to their hometowns to start businesses, some migrant workers have accumulated certain funds or technology and returned to their hometowns to start businesses. Some college graduates have returned to their hometowns to achieve employment, and some industrialists and businessmen have returned to their hometowns to invest in modern agriculture to achieve enterprise transformation and development after completing capital accumulation. Agriculture and rural areas are becoming an important field for entrepreneurship and employment. In the first half of the year, the investment in fixed assets in the primary industry was 746 billion yuan, up 21% year-on-year, which was 12, 17 and 9 percentage points higher than that in the whole society and in the secondary and tertiary industries respectively.

Third, farmers’ income continued to grow. In the first half of the year, the per capita disposable income of rural residents was 6,050 yuan, a real increase of 6.7%, keeping pace with economic growth. The relative income gap between urban and rural residents has further narrowed, and the per capita disposable income is 2.80, which is 0.03 lower than the same period of last year. The wage income of farmers continued to grow. At the end of the second quarter, the total number of rural migrant workers was 175.09 million, an increase of 730,000. In the first half of the year, the average monthly income of migrant workers was 3,202 yuan, a year-on-year increase of 6.7%.

While fully affirming the achievements, we should also be soberly aware that the current agricultural and rural economic development still faces some problems that need to be highly concerned. The losses caused by the continuous flood disaster are increasing, and the shortage of grain storage capacity leads to an increase in the risk of farmers’ difficulty in selling grain. The impact of weakening agricultural products prices is gradually emerging, and the slowdown in farmers’ income growth needs to create new kinetic energy.

In the second half of the year, we should continue to focus on the steady development of agriculture and the continuous increase of farmers’ income, earnestly do a good job in flood control and post-disaster recovery, and strive to reduce the losses caused by floods. Co-ordinate the work of grain purchase and inventory digestion to ensure that there is no "difficulty in selling grain" for farmers. We will continue to promote the structural transformation of agriculture in a down-to-earth manner, and step up the implementation of the plan to recuperate cultivated land, grasslands, rivers and lakes. We will continue to strengthen the construction of agricultural and rural infrastructure and actively guide social capital to participate in the construction and operation of rural infrastructure. Vigorously support the development of new formats such as rural industrial integration, and achieve a win-win situation for farmers to get rich and industrial development. Improve the support policy system for farmers’ income growth and ensure that farmers share the fruits of reform and development.