标签： 苏州夜生活

Russian Navy aircraft carrier Kuznetsov Image source: Dongfang. com

　　The global financial crisis is spreading. At the critical moment when the new round of nuclear disarmament negotiations between the United States and Russia is about to begin, Russia has thrown out a military reform plan that is said to be "unprecedented", aiming at building a world-class army through streamlining reforms. This reform plan involves many aspects, such as the reduction of middle and senior officers, the reform of the establishment system, and the renewal of weapons and equipment, and proposes to complete the disarmament reform goal within three to four years.

　　The Russian military’s military reform plan this time reflects the tough attitude of the new president Medvedev towards military reform, and its intensity is indeed unprecedented. However, the author believes that the Russian military reform is bound to be affected by the world financial crisis and other factors, and will face many difficulties. There are still many variables in whether its reform goals can be achieved as scheduled.

　　The new and old presidents relay disarmament to promote the reform of the Russian army, and the "Mapo combination" and "strong alliance" are conducive to the development of the Russian army

　　In 2000, when Putin took over the presidency from Yeltsin, he was faced with the great challenge of revitalizing the Russian economy and reducing the Russian army. After eight years in office, President Putin, known as the strongman of Russia, showed his strong ruling style with all his strength and boldly reformed the economy, so that the Russian economy gradually stepped out of the trough and its international status rose day by day.

　　At the same time, he also attached great importance to Russia’s national defense construction, especially the military reform, advocated reducing the redundant establishment of various powerful departments, and put forward the idea that the quality of army building and army building should be adapted to the country’s economic capacity, and the military strength of the Ministry of National Defense and other powerful departments should be developed in a balanced way. In fact, during his presidency, Putin put forward the goal of reducing Russian troops from 1.2 million to 1 million. However, due to various reasons, the goal of army reduction was finally not achieved.

　　After taking office as president, Medvedev continued the "Putin line", still defended Russia’s national interests as strongly as Putin, took building a stronger Russia as his own responsibility, and appeared in front of the world in a tougher posture, "inheriting" Putin’s thoughts on issues involving the fundamental interests of Russia, such as political diplomacy, economic development and national defense construction. For example, in terms of national security strategy, it is still necessary to rely on strong military strength to prevent and contain various threats to Russia, requiring the Russian army to always maintain a high degree of combat readiness and ensure strategic containment of any potential enemy, especially strategic nuclear containment to deal with possible invasion; In national defense construction, we will persist in building a "more efficient and modern" army and "build an army that conforms to the country’s economic strength and can reliably guarantee national security." In particular, it is very important for Russia’s political stability and inheritance to let former President Putin become the prime minister of the government and form a "strong alliance" political situation.

　　Although there have been many new speculations in the western media about the relationship between the "Mapp combination" in the past year, the two men are politically consistent, especially in their understanding of the goal of military reform. Although Putin became prime minister, he still paid attention to the army and supported its reform. Last year, when the Russian army clashed with the Georgian army, Putin personally flew to North Ossetia for inspection. The introduction of the plan to reduce the army to 1 million is not only the continuation of President Medvedev’s "disarmament line" to former President Putin, but also the consensus reached by President Mei and Prime Minister Pu on the future reform and development of the Russian army.

　　One is a strong president and the other is a strong prime minister. This politically highly consistent "strong alliance" and "Mapp combination" will be conducive to the realization of the Russian military reform goal. However, the reform of the Russian army will still face pressure from many sides, even opposition and blame.

　　The contradiction between rebuilding an economic power and building a military power is prominent, and it is difficult to have both fish and bear’s paw at the same time.

　　Since Putin took office as federal president, he has regarded the development of military forces as an important part of Russian national development. With the Russian economy gradually coming out of the trough, the Russian government has gradually increased its investment in national defense, showing a trend of substantial increase year by year. During Putin’s eight years as president, Russia’s military expenditure increased by about 27% every year. In order to carry out the new "realistic containment" military strategy and further demonstrate its military strength, since 2008, Russia has dispatched navies and air forces to all the oceans in the world, as far away as Venezuela, Cuba, Somalia and other regions and sea areas, and even envisaged the establishment of military bases in Yemen, Cuba, Venezuela and Syria, which seems to make people feel that Russia has become an economic and military power that can compete with the United States.

　　However, this is not the case. Russia is still far from the goal of "building an army that conforms to the country’s economic strength and can reliably guarantee national security." Judging from the current situation of the Russian army, although it has been disarmed several times, the army is still plagued by the problem of redundant staff. The Russian army has about 1.2 million regular troops, but the proportion of its officers is as high as 30% (the proportion of officers in the western developed countries is 7.5% ~ 15%). In addition, there are more than 2.1 million paramilitary forces in Russia, which add up to about 3.3 million people. The Russian Ministry of Defence has publicly admitted that over the years, as much as 70% of the Russian military’s military expenditure has been used for salaries. As a result, we can’t squeeze enough money to buy new weapons and equipment, strengthen the development of new weapons and upgrade the existing weapons.

　　It can be seen that although the Russian economy has gone out of the trough, there is still a gap between its strength and status as an economic power, and it is still inadequate to build a world-class army in a short period of time. Only when the country is rich can the army be strengthened. Without the development of the national economy, it is impossible to develop the army building. Only when the army building develops in harmony with the national economic construction is the most reasonable development. Russian military construction will also follow this development path, and it may take longer.

　　US-Russian nuclear disarmament affects Russian military reform plan.

　　After the new US President Barack Obama took office, in order to promise the concept of "pursuing a world without nuclear weapons" put forward during the election campaign, he advocated to start negotiations with Russia as soon as possible to reduce their respective nuclear weapons reserves by 80%, that is, to keep 1,000 nuclear warheads in the United States and Russia. On the one hand, the United States wants to deploy anti-missile systems in eastern Europe, and on the other hand, it wants Russia to reduce its nuclear weapons in large numbers, which has caused strong opposition in Russia:

　　Russian military experts first raised strong opposition to this, warning that Russia’s nuclear weapons will not be able to deal with the US anti-missile system after reduction, and warned that by 2015, the US nuclear forces will be able to destroy all Russian nuclear weapons at one time, and Russia should be prepared for this.

　　In fact, there are still substantive differences of position between Russia and the United States on some principled issues of signing the new treaty. The Russian side believes that "the number of nuclear warheads in the arsenal should be clearly defined and documented in legal form, which is transparent and clear to people." The United States wants to be limited to nuclear warheads deployed on delivery vehicles, so that the nuclear warheads in stock and strategic delivery vehicles will not be within the scope of the treaty. Russia believes that nuclear disarmament negotiations should not only include the reduction of strategic nuclear weapons, but also extend to all aspects of this issue, such as the deployment of missile defense systems by the United States in Eastern Europe.

　　Russia has always been dissatisfied with the deployment of the missile defense system by the United States in Eastern Europe, and NATO has been expanding eastward, even setting up missile early warning systems and anti-missile bases in Poland and other countries, which makes Russia very angry. Russia warned that if the United States insists on deploying a missile defense system in Europe, the planned base will become the target of Russian attack.

　　Under the severe situation of American strategic squeeze and NATO’s eastward expansion, whether Russia’s existing military strength can effectively deal with the surrounding security threats is the most worrying thing for Russia. Only by "retaining a considerable number of nuclear forces" as a deterrent force can Russia ensure the reasonable scale of conventional forces and compete with the United States and NATO, which will directly affect Russia’s reform and development of the military.

　　The military reform plan is ambitious, and it is difficult to push forward the reform.

　　At the end of 2005, the Russian military proposed a new reform plan to reduce the total number of Russian troops from 1.2 million to 1 million. According to the idea, the existing organizational system of services and arms will be abolished, and the corresponding command institutions will be dissolved, replaced by six headquarters, the military region will be abolished, and the functions of the Ministry of National Defense and the General Staff will be divided into two lines according to government decrees and military orders. But a few years later, the slogan of disarmament is still "thunder is loud, little rain". Obviously, the Russian military’s disarmament has encountered great resistance. From the analysis, there are three major difficulties:

　　One is political pressure. The Russian Communist Party recently openly opposed the military reform carried out by Russia, calling it destructive. Serdyukov, the Russian defense minister, was asked to resign. In a recent statement issued by the Central Committee of the Russian Communist Party and the Duma Party Group of the party, it was pointed out: "This reform may be the most destructive since Peter the Great founded the Russian army in the 3rd century. If our army moves from the most difficult Great Patriotic War to a strong one, it may lose its ability to defend Russia in general because of serdyukov’s’ reform’ in peacetime. "

　　Some military experts also said that in the face of NATO’s eastward expansion and the pressing policy of the United States to deploy anti-missile systems in Eastern Europe, once Russia is disarmed to 1 million people, it will be difficult to cope with conventional military actions, and the terrorist forces are even more important.

　　In addition, it is still unknown whether the uncertain factors in India-Pakistan border, Israel-Pakistan conflict, Afghanistan, Iraq, Iran, Somalia, the DPRK and the ROK can give Russia a "peaceful environment" to make its army calm down and carry out reforms.

　　Second, it comes from economic difficulties. Affected by the world financial crisis, it is also unknown whether the Russian government can guarantee the funds needed to realize the reform goal of "making the army more efficient and modern and making the life of Russian soldiers more comfortable" in the next three to four years.

　　The third is the resistance from senior officers. The war made the Russian army realize the inevitability and urgency of military reform, but the military layoffs also made the officers realize the cruelty and helplessness of giving up their interests. The number of Russian military disarmament this time is not large, but the layoffs are mainly officers. By 2012, the number of Russian military officers will be reduced from 355,000 to 150,000. In particular, the reduction focuses on middle and senior officers, of whom the number of generals has been reduced from the current 1,107 to 877. Some of these officers may retire directly, and some may face the situation of no fixed place, unemployment and long-term inability to find a job. Therefore, it is not difficult to understand the strong resistance from military officers, especially senior officers, to military reform. However, the reform will be inevitable, and where the disarmament plan goes will ultimately depend on whether President Medvedev’s disarmament determination is firm enough.

　　The financial crisis has spread all over the world, and the reform and development of the Russian army will certainly face greater challenges.

　　According to reports, Russian Prime Minister Vladimir Putin announced that from 2009 to the end of 2011, Russia will spend 4 trillion rubles (about 140 billion US dollars) on the upgrading plan of military weapons and equipment. In 2009, the Russian government will provide 1 trillion rubles to the Ministry of National Defense, which is mainly used to purchase new weapons technology and equipment.

　　According to previous reports, Russian military procurement in 2009 increased by 30% year-on-year, which will set a new record of 1.3 trillion rubles, while in 2010 and 2011, it will increase by 30 billion rubles and 70 billion rubles respectively. It seems that Russia’s plan to develop its army in recent years has been finalized and will soon enter the implementation stage.

　　However, the financial crisis is spreading around the world, which will directly turn into an economic crisis. Russia’s economic growth has begun to slow down. Since last year, Russia’s oil revenue has been greatly reduced, and the government’s fiscal revenue has decreased. The Russian ruble has depreciated by 35% against the US dollar. Last year, Russia’s stock market fell by 70%. There are indications that Russia’s economic situation this year is not optimistic.

　　The financial crisis has greatly affected Russia’s fiscal revenue, which has restricted the realization of Russia’s military budget from the macro-economic level and will definitely affect the realization of Russia’s military development plan. In addition, due to the impact of the international financial crisis, the military departments and military industries of all countries in the world have been severely impacted, lacking funds, laying off employees and turbulent raw material markets. Therefore, Russia’s military production will be seriously affected, which will further affect the realization of the planned development goals of the Russian army. The crisis is still spreading, and it seems that it has not bottomed out. The reform and development of the Russian army will certainly face greater challenges brought about by the financial crisis.

　　In short, the direction of Russian military reform and development is in line with the requirements of the times, and the practice of saving financial resources and improving capabilities through "downsizing" of the military is also in line with Russia’s actual situation. However, due to the global financial crisis, international politics, domestic economic development and social environment, its reform and development will not be smooth sailing.

Editor: Li Yongchao

New era, new changes. In the transition period of new energy automobile industry, not only the automobile itself, but also the consumption habits of users have changed. Once upon a time, the "square box" hard-core cross-country was still a niche track, but in recent years, it has become a track that major car companies are competing to chase.

As a leader in this segment, Jetway is undoubtedly the most typical success story among many brands. Whether it is the precise brand strategic layout or the constantly changing high-quality products, Jetway is trying to rewrite the new face of the hard-core off-road market.

How to rewrite it? The sales data gives the most intuitive answer: in the first half of this year, Jetway sold a total of 223,555 vehicles, up 98.9% year-on-year, surpassing 200,000 vehicles for the first time, refreshing the growth rate of China’s cutting-edge SUV brand.

At the same time, in January and June respectively, with the sales of 42,956 vehicles and 42,088 vehicles, Jietu completed the feat of breaking "4" twice in a single month, constantly refreshing its own new record.

Standing at a new starting point in 2024, Jietu is building a new era of its own.

Deeply cultivate the concept of "travel+"and run out of acceleration in a quick way

Since its birth in 2018, Jietu has gradually entered the mainstream automobile market by virtue of the new product sequence identity endowed by Chery Group, and set its sights on the seemingly smaller market of "Travel+".

For this growth period, Li Xueyong, deputy general manager of Chery Automobile Co., Ltd., summed it up as four words "a bad brand": three-year epidemic, chip shortage, sharp increase in new energy penetration, and price wars one after another.

Fortunately, Jietu withstood the pressure and completed its life extension with good sales results: 200,000 vehicles in 18 months, 300,000 vehicles in 28 months, 600,000 vehicles in 50 months, and 1 million vehicles in 65 months … This has also achieved "Jietu speed".

In Li Xueyong’s view, Jietu, whose average annual sales exceeded 200,000 vehicles, has passed the 1.0 stage of survival; In 2024, Jetway will achieve an annual sales of 500,000 vehicles and achieve the development of the 2.0 era, which depends on the continuous increase in the brand-new single product Jetway Traveler released by Jetway in 2023 and the best-selling Jetway X70/X90/ Dasheng.

If X70 series leads Jietu to open the door to the mainstream automobile market. Then, travelers let Jietu complete the task of transforming from a home travel SUV to a hard-core off-road market, helping the brand to complete the core direction of 3.0 transformation.

In September 2023, at the launch conference of Jetway Traveler, Jetway took the lead in trying to "light off-road", taking into account the shape design of hard-core off-road vehicles, all-road off-road capability and the comfort, intelligence and safety of home SUVs. Between the home SUV market and the hard-core off-road SUV market, Jetway Traveler has opened up a brand-new track.

Facts have proved that this wave of early adopters of Jietu travelers is correct.In June this year, the sales volume of Jetway travelers reached 16,205, setting a new monthly sales volume for Jetway travelers. At the same time, the whole cross-country travel series of Jietu Automobile reached a new peak, with a total sales volume of 20,761 vehicles, accounting for 49.4%, and it served as the first sales growth engine of Jietu brand.

To sum up briefly, accelerating the transformation of light off-road, taking light off-road as the transition and moving towards hard off-road is the transformation trend of Jietu’s brand-new products.

However, Jietu brand is not limited to this, but will continue its successful experience to the brand-new product sequence of mountains and seas. After all, Shanhai sequence should not only undertake the heavy responsibility of Jietu new energy transformation, but also undertake all new energy vehicles under the brand, so as to combine hybrid off-road travel with "travel+"positioning and bring consumers a brand-new travel solution.

On April 22nd this year, the launch conference of Shanhai T2 included not only the main characters but also Shanhai T1 and Shanhai T5. Shanhai P5 and Shanhai T7 showed their true colors, and together they formed the "Five Tiger General" of Jetway’s hybrid off-road matrix, announcing that Jetway had strided into the 3.0 era with the wildest products, the wildest technologies and the wildest experiences.

In terms of subdivision, Shanhai T1 and Shanhai T2 are still positioned in the light off-road market, Shanhai T5 will focus on the pure hard-core off-road track, Shanhai P5 will position the all-road travel off-road pickup truck, and Shanhai T7 is a "new species" that Jetway will strive to build.

In terms of playing style, Jietu brand not only follows the consistent strategy of "travel+",but also adheres to the two product routes of "fuel+hybrid" to meet the consumption needs of different users.

Li Xueyong mentioned at the T2 conference of Shanhai: "Jietu should be from pursuers, runners to surmounters!" Behind this, in addition to the powerful cornerstone given by technology, the brand is trying to "understand users" in the value system.

Jetway’s 3.0 era is a new way for users.

Zhang Chunwei, deputy general manager of Jietu Brand Division and general manager of marketing center, once said that Jietu Automobile has always adhered to the "travel" strategy and laid out the "travel+"ecology, only for users to have a better and more comfortable experience on the road.

In fact, whether Jietu is deeply involved in the "travel and home" market or taking into account the dual needs of "travel and off-road" in transformation, its essence is still to respond to users’ voices and demands.

The first is the product layout.Jietu brand has always followed the concept of "tourism+",which perfectly meets the needs of young consumers. Around the two concepts of family travel and cross-country travel, Jetway has successively launched X70 series, X90 series, Dasheng, Traveler and other explosive products. At the same time, in order to adapt to the transformation of new energy, a brand-new product sequence, Shanhai, was launched, which declared that Jietu Automobile strode into the 3.0 era with the wildest products, the wildest technology and the wildest experience.

Secondly, at the marketing level.Jietu is user-centered, with a comprehensive mixed layout, and is stable and far-reaching towards a new journey. On May 28th this year, Jietu Shanhai Dongguan Dongyi New Energy Center opened, and the opening activities of Shanhai Baidian were launched simultaneously in the whole country.

As early as the end of last year, Wang Rusheng, deputy general manager of Jietu Automobile Marketing Company, mentioned in an interview with the media that the number of mountain and sea experience centers will increase to 450 by the end of 2024. At the same time, he also said that these experience centers will provide users with 24-hour free charging and free opening of lounges and live broadcast rooms, as well as 50 km on-site test drive experience services anytime and anywhere.

In terms of ecological constructionJetway has been deeply cultivated for a long time, and through a series of activities related to travel, users can feel the real exclusive service. For example, integrate well-known domestic tourism resources and unite 117 ecological alliances; Create user experience IP activities such as "Jietu Damei China", "Jietu Family Banquet", "Jietu Cross-country College" and "Fan Festival".

It is worth mentioning that Jietu brand is also giving "Travel+"more different meanings. At the second travel+conference of Jietu Automobile last year, Li Xueyong talked about that the travel of Jietu brand is exploration, public welfare and culture.

"Define the journey with actions", whether it is to create a road book with users, establish more than 200 Jietu stations, join hands with 100 eco-partners, unite 318 5A scenic spots, or jointly publish the list of the most influential "dream-seeking travelers" with Mawei, all these make the brand concept of Jietu "Travel+"more in-depth and three-dimensional display in front of users. At the same time, Jietu brand is also actively participating in public welfare projects. In August last year, Jietu joined hands with the "Warm Current Plan" of China Social Welfare Foundation to enter Guang ‘ai School in Jinzhai County, Lu ‘an City, Anhui Province, and donated materials. At the same time, it cooperated with the "Jiejun March" fan organization and caring media to carry out loving interaction with children.

In February this year, Chery Group reached a three-year strategic (public welfare) cooperation with Rongjiang County People’s Government and Guizhou Village Supermarket, becoming the first car company to reach a strategic cooperation with Guizhou Village Supermarket. The two sides will carry out all-round cooperation in sports events, village supermarket sports culture, public welfare to help students and agriculture, and rural revitalization of the "super" economy.

"In the future, Jietu Automobile will adhere to the initial intention of" travel is public welfare ",rely on the strong" travel+"ecology, unite public welfare organizations and caring people, continuously expand the field of public welfare, and do a good job of" travel+"public welfare. This is the significance of Jetway car travel and the reason for Jetway users to travel.

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The exterior design of Changan Auchan X5 is full of power and movement. The front face adopts a large air intake grille, and the flying wing chrome decoration in the center is perfectly integrated with the LED headlights on both sides, giving the vehicle a high degree of recognition. The whole body line is smooth and dynamic, with sharp waistline and unique wheel hub design, creating a strong sports atmosphere. On the whole, the design of Changan Auchan X5 is not only fashionable and avant-garde, but also has a very high visual impact.

Changan Auchan X5 has a body size of 4490*1860*1580mm and a wheelbase of 2710mm, providing spacious interior space. The lines on the side of the car are smooth and dynamic. With 18-inch rims, the tyre size is 225/50 R18, showing a fashionable and sporty visual effect.

The interior of Changan Auchan X5 adopts modern and simple design style, which brings comfortable and pleasant driving experience to passengers. The steering wheel is made of leather, which feels delicate and supports manual adjustment up and down to meet the needs of different drivers. The center console is equipped with a 10.25-inch central control screen, which supports a variety of functional operations and provides convenience for drivers. The seat is made of leather/fabric mixed material. The main seat has the functions of front and rear adjustment, backrest adjustment and height adjustment (2-way), while the auxiliary seat has the functions of front and rear adjustment and backrest adjustment, which brings passengers a comfortable riding experience. The rear seats support proportional tilting, which increases the space flexibility of the trunk. In addition, the car is also equipped with USB and Type-C interfaces, which is convenient for passengers to charge devices such as mobile phones.

Changan Auchan X5 is equipped with a 1.5T 188 horsepower L4 engine with a maximum power of 138kW and a maximum torque of 300 N m.. The engine cooperates with the 7-speed wet dual-clutch gearbox, which provides excellent power output and smooth shifting experience for the vehicle.

In their evaluation of Changan Auchan X5, car home car owners especially mentioned its sports style and youthful appearance design. He pointed out that the side design of the car has the style of a sports car, the external work is solid, the paint material is thick, and the reflector not only supports electric adjustment, but also has heating function. The outstanding performance in these details undoubtedly adds a lot of highlights to Changan Auchan X5.

　　[Long-term test] At first, X6 was built on the basis of X5, and GLE Coupe was built on the basis of GLE. Although X4 and GL were relatively cheap later, the high price of luxury brands still made them only a few people’s things. Until a while ago, a car appeared, so that ordinary consumers can also come into contact with this Coupe style, and the price is less than 200 thousand, isn’t it attractive? Well, that’s it.

　　Hello, everyone, I’m Hou Yunfeng, the evaluation editor. I’m always called "Monkey Brother" at ordinary times, and I’ll perform the CX-4 long test this time. I also have a partner, that is, Wang Xilin, the car critic of our Car Encyclopedia. Why is she sitting on a somersault cloud? Because Cece recently had a bad cold and had to go to the hospital for infusion every day, she couldn’t catch up with the first issue, but she told me to take a group photo together, so I had to put her on the P. Don’t worry, everyone. After Cece recovers, she will come back to bring you long-term test content.

　　During the long-term test for half a year, CX-4 will be used as the daily commuter car for me and Sisi, and it will be used in turn. I commute 70 kilometers every day, and Sisi needs 50 kilometers. The distance is far and it is also very blocked. During this time, we will experience the fuel consumption, power, space and maintenance of CX-4, and strive to bring you the most authentic car experience. If you have any questions about CX-4 or want us to answer them, you can leave a message on my editing blog or Cece’s Weibo.

● Brief introduction of long measuring vehicle

　　Let’s talk about the test car first. The 2016 Mazda CX-4 2.5L automatic four-wheel drive Blue Sky Passion Edition has a long name, and it is the second best in the whole system. It is also the low match in two 2.5L cars, with a guide price of 192,800. Why did you choose it in the 2.0L five-car and 2.5L two-car? The reason is very simple. The power performance of the 2.5L model is better, and the 19-inch big feet are more in line with the Coupe shape. I believe that the friends who buy CX-4 are mainly for the face value and power, otherwise why don’t I buy a 2.0L one? Compared with the 2.5L high allocation, the power and four-wheel drive are the same, but some configurations are missing. Generally speaking, this car has a high cost performance and is suitable for friends who love driving.

　　From the first time I saw CX-4, I was attracted by its Coupe shape, which was really handsome and personalized, and the rate of turning back on the road was not low. The 19-inch big feet are particularly air-lifting. It looks much stronger than the 17-inch model of the 2.0L model, and the tires are thick enough. You don’t have to worry about running over potholes and manhole covers. It’s quite good.

　　However, CX-4′ s handsome big slip back shape has many troubles in daily use, and the rear windshield has a poor view. Once, three colleagues sat in the back row and went out together, and almost nothing could be seen in the rearview mirror. Moreover, it rains frequently these days, no matter it is light rain or heavy rain, as long as it falls on the rear windshield, it will be difficult to slide down, and it will be blurred if it gathers too much. When I used to drive an SUV or a car, I didn’t drive it very often. If I switch to CX-4, I must keep it open, otherwise I really can’t see it.

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With its sophisticated exterior design, the Jaguar XEL presents an elegant and dynamic temperament. The front face features the iconic leopard-eye headlights of the Jaguar family, and with a unique air intake grille, it is like a cheetah ready to go, showing both a sense of power and elegance. The overall style blends luxury and sports, with smooth lines and harmonious body proportions, giving a great visual impact.

With its elegant body design, the Jaguar XEL presents a streamlined side profile. Measured 4778mm*1850mm*1429mm and with a wheelbase of 2935mm, this combination of dimensions not only guarantees a spacious interior, but also gives the vehicle a unique dynamic posture. The precise layout of the front and rear wheelbases of 1598mm provides a solid foundation for driving stability. The tire size is 225/45 R18, and the delicate wheel design together outline a visual effect that combines power and aesthetics, making the Jaguar XEL more dynamic and personal on the road.

The interior design of the Jaguar XEL highlights the fusion of luxury and sophistication. The exquisite leather steering wheel provides an excellent grip, supports manual up and down + front and rear adjustment, so that the driver has a comfortable control experience. The 10.2-inch central control screen has a clear display, integrates multimedia systems, navigation and phone functions, and meets the convenient needs of daily driving. The seats are made of imitation leather, which not only feels comfortable to the touch, but the front seats are also equipped with heating function to ensure comfort during long-distance driving. Whether the driver or the passenger can feel the combination of elegance and technology in the interior of the Jaguar XEL.

The Jaguar XEL is equipped with a 2.0T turbocharged engine with a maximum power of 184 kilowatts and a peak torque of 365 Nm, which can bring a lot of power output to the driver. Equipped with 250 horsepower, this engine provides the vehicle with efficient performance. It is matched with an 8-speed automatic transmission, which further enhances the driving flexibility and comfort.

In the Autohome owner’s sharing, he was full of praise for the Jaguar XEL. Despite the budget constraints, he was very satisfied with the driving experience and overall performance of the XEL. He said that the XEL’s appearance and power are impeccable, and it even performs particularly well in the same class. The final car purchase decision also reflects his recognition of the charm of the Jaguar brand. As he said: "Handsome is very important", which is undoubtedly the key factor for the Jaguar XEL to win his favor.

??important news

??China’s assets are boiling all over the place! The Nasdaq China Golden Dragon Index has soared by more than 9%, and the offshore RMB is approaching the 7 mark

On September 25th, the skyrocketing momentum of class A shares spread to popular Chinese stocks, and the Nasdaq China Golden Dragon Index continued to soar after gaping nearly 4%, maintaining a strong rise throughout the day, closing up 9.13%, the largest increase since the end of 2022 (the index closed up 9.62% on November 30, 2022). Boss Zhipin rose more than 19%, Bilibili rose more than 17%, Tencent Music rose more than 16%, Kingsoft Cloud, iQIYI rose more than 14%, Tiger Securities, JD.com, Dada Group rose more than 13%, XPeng Motors, NIU, Weibo, NIO, Li Auto, Dingdong Maicai rose more than 11%, Ctrip Group, NetEase rose more than 8%, Alibaba, New Oriental, Baidu, Parkson China rose more than 7%. CNBC mentioned that the Chinese government has taken measures to stimulate economic growth, and the Chinese stock market has performed well.

The sharp rise in Chinese assets also provided a significant boost to European stocks. Major European stock indexes closed higher, with Germany’s DAX index closing up 0.8%, France’s CAC 40 index closing up 1.28%, Britain’s FTSE 100 index closing up 0.28%, and the Eurozone STOXX50 index closing up 1.13%. Reuters analysis said that European luxury goods giants and automakers and other companies with operations in China led the gains, and mentioned that the Chinese central bank announced extensive monetary stimulus and real estate market support measures.

International oil prices rose on the 24th. As of the end of the day, light crude oil futures for November delivery on the New York Mercantile Exchange rose 1.19 US dollars to close at 71.56 US dollars a barrel, an increase of 1.69%; London Brent crude oil futures for November delivery rose 1.27 US dollars to close at 75.17 US dollars a barrel, an increase of 1.72%. Reuters said that news of monetary stimulus measures from China, the world’s largest crude oil importer, and concerns that intensifying conflicts in the Middle East could affect regional supplies, oil prices rose to recent highs.

Gold and silver prices rose significantly, as of press time, COMEX gold rose 1.12%, reported $2682.3/ounce, a record high; COMEX silver rose 4.41%, reported $32.455/ounce.

The US dollar index fell on the 24th. The offshore RMB rose 0.73% against the US dollar on the 24th to close at 7.0109, surging 513 points during the day, approaching the 7 key mark.

??Class A shares three major indexes collectively rose

Financial sector news on September 24th, in a series of policy combination fist, the three major indexes opened high. As of the close, the Shanghai Composite Index rose 4.15%, up 114.21 points, reported 2863.13 points; Shenzhen Composite Index rose 4.36%; growth enterprises market index rose 5.54%. Class A share traded 974.76 billion yuan throughout the day.

On the 24th, 5165 stocks of class A shares rose, 23 were flat, and 160 were down. 31 Shenwan-level industries were red across the board. Food and beverage (Shenwan), non-bank finance (Shenwan), steel (Shenwan), coal (Shenwan) and other industries were among the top gainers.

The financial sector strengthened across the board. Brokerage stocks broke out, Oriental Fortune rose 11.46%, Pacific, Capital Securities, Seawater Securities, Jinlong Shares, and Tianfeng Securities rose by the daily limit. 36 of the 51 brokerage stocks rose by more than 5%.

Insurance stocks and bank stocks all received dividends. Among insurance stocks, Tianmao Group rose by the daily limit, Xinhua Insurance rose by more than 8%, China Pacific Insurance rose by more than 6%, and China Ping An rose by more than 5%; among bank stocks, Bank of Communications and Changshu Bank rose by more than 6%, and Bank of Ningbo, China Merchants Bank, Shanghai Pudong Development Bank and Wuxi Bank rose by more than 5%.

On that day, the top ten stocks by turnover included Kweichow Moutai, Oriental Fortune, Changshan Beiming, CITIC Securities, Wuliangye, Ping An of China, Industrial Fulian, Baobian Electric, and China Merchants Bank. Among them, Kweichow Moutai had the highest turnover, exceeding 13 billion yuan, an increase of 8.8%; Ningde Times rose nearly 5%.

Zhang Yongzhi, deputy general manager of the fixed income department of Huashang Fund and manager of Huashang Steady Double Interest Bond Fund, said that the three departments collectively support the capital markets and inject liquidity funds into the stock market through multiple channels. State investment institutions, fund companies and other market institutions and listed companies are expected to receive sufficient liquidity support, which may provide better support for the stabilization and rise of the stock market.

Huafu Securities released a research report that this financial policy combination is of great significance to support the real economy and boost confidence in capital markets.

??The central bank announced: cut interest rates, cut interest rates, and reduce the stock of mortgage interest rates

On September 25, Qianlong.com reported that on the morning of September 24, the State Council Information Office held a press conference. Pan Gongsheng, Governor of the People’s Bank of China, Li Yunze, Director of the State Financial Supervision and Administration, and Wu Qing, Chairperson of the China Securities Regulatory Commission, introduced the situation of financial support for high-quality economic development and answered reporters’ questions. A number of weighty policies were launched at the same time to increase the intensity of monetary policy regulation and control to further support stable economic growth.

Point 1: Reduce the deposit reserve ratio and policy interest rate

In the near future, the deposit reserve ratio will be cut by 0.5 percentage points to provide long-term liquidity to financial marekt of about 1 trillion yuan; in this year, depending on the market liquidity situation, the deposit reserve ratio may be further reduced by 0.25-0 percentage points. Reduce the central bank’s policy interest rate, that is, the 7-day reverse repurchase operation rate, by 0.2 percentage points, from the current 1.7% to 1.5%, and guide the loan market quotation rate and deposit rate to decline simultaneously, to maintain the stability of the net interest margin of commercial banks.

Point 2: Reduce the interest rate of the existing mortgage and the minimum down payment ratio of the unified mortgage

Guide commercial banks to reduce the interest rate of existing mortgages to near the interest rate of newly issued loans, which is expected to decrease by about 0.5 percentage points on average. It is expected to benefit 50 million households, 150 million population, and reduce the average annual interest expenditure of households by about 150 billion yuan.

Unify the minimum down payment ratio for first and second suites, and reduce the minimum down payment ratio for second suites at the national level from the current 25% to 15%.

The central bank’s capital support ratio in the previously created 300 billion yuan affordable housing reloan will be increased from 60% to 100%, strengthening market-oriented incentives for banks and acquirers.

The two policy documents, operational property loans and "financial 16", which expire before the end of the year, will be extended until the end of 2026.

Point 3: Create new monetary policy tools to support the stable development of the stock market

The first is to create a securities, funds, and insurance company swap facility to support eligible securities, funds, and insurance companies to obtain liquidity from the central bank through asset pledges. This policy will greatly enhance institutions’ ability to obtain funds and increase their stock holdings.

The second is to create a special project for share repurchase and share increase, and guide banks to provide loans to listed companies and major shareholders to support share repurchase and share increase.

Point 4AIC’s equity investment pilot will be expanded to 18 cities

The State Administration of Financial Supervision will optimize the pilot policy for equity investment in financial asset investment companies (AICs).

First, the scope of the pilot will be expanded from the original Shanghai to 18 large and medium-sized cities with active technological innovation, including Beijing.

Secondly, the restrictions will be relaxed, and the restrictions on the amount and proportion of equity investment will be appropriately relaxed. The proportion of institutional investment in the balance sheet will be increased from 4% to 10%, and the proportion of investment in single Private Offering Funds will be increased from 20% to 30%.

Third, guide relevant institutions to implement the requirements of due diligence exemption and establish and improve long-term differentiated performance appraisal.

Point 5Treasury bond trading is included in the monetary policy toolbox

At present, the People’s Bank of China has included the purchase and sale of government bonds in its monetary policy toolbox and has begun to experiment with it.

Point 6Support the acquisition of real estate enterprises’ existing land

On the basis of using some local government special project bonds for land reserves, we will study and allow policy banks and commercial banks to lend to support qualified enterprises to purchase land in the market, revitalize the existing land, and ease the financial pressure of housing enterprises. When necessary, the People’s Bank of China can also provide re-loan support.

Point 7Multiple measures to promote the entry of medium and long-term funds into the market

The Securities Supervision Commission and other relevant departments have formulated the "Guiding Opinions on Promoting Medium and Long-term Funds to Enter the Market", which will be released in the near future, focusing on three measures:

The first is to vigorously develop equity-based public funds.

The second is to improve the institutional environment for "long-term investment".

The third is to continuously improve the ecology of capital markets.

Point 8The state plans to increase capital in six large commercial banks

After studying the national plan to increase core Tier 1 capital for six large commercial banks, it will be implemented in an orderly manner according to the idea of "overall promotion, phased and batch, one line, one policy". The State Administration of Financial Supervision will continue to urge large commercial banks to improve their refined management level and strengthen their high-quality development capabilities under capital constraints.

Point 9Further optimization of loan renewal policies for small and micro enterprises

Expand the loan renewal target from some original small and micro enterprises to all small and micro enterprises. Small and micro enterprises that have real financing needs after the loan expires and have financial difficulties can apply for loan renewal support if they meet the conditions.

Expand the loan renewal policy to medium-sized enterprises in stages, with a tentative term of three years, that is, for medium-sized enterprise working capital loans that expire before September 30, 2027, you can refer to the loan renewal policy for small and micro enterprises.

Adjust the risk classification standards, and renew the loans of enterprises with legal compliance, continuous operation and good credit, and do not reduce the risk classification separately due to the renewal of loans.

Point 10Securities Supervision Commission will issue six measures to promote mergers and acquisitions

In order to further stimulate the vitality of the M & A and reorganization market, the Securities Supervision Commission has studied and formulated six M & A articles on the basis of extensive research and listening to the opinions of all parties in the previous stage, that is, "Opinions on Deepening the Reform of the M & A and Restructuring Market of Listed Companies", adhere to the market direction, and better play the role of the main channel of capital markets in M & A and reorganization.

??domestic

??Sales list for the third week of September: All TOP10 brands declined, and Xiaopeng, NIO, and Wenjie fell sharply

First Electric September 24th news, in the third week of September (9.16-9 22) new energy vehicle end point sales released. Affected by the Mid-Autumn Festival holiday and other factors, the Chinese auto end point market declined in the third week of September. TOP10 new energy/new power/luxury car brands all declined, including Lexus, Mercedes-Benz, BMW, Q Jie and other luxury car brands, as well as Zero Run, Ai’an, Extreme Fox sales fell by more than 20% month-on-month; Extreme Krypton, Xiaopeng, NIO, Tesla, Galaxy, Audi sales fell by more than 10% month-on-month. It is worth noting that, thanks to the price reduction promotion of ID.3, Volkswagen replaced Extreme Krypton on the list of new energy brands again; Wei brand replaced Dengshi and entered the top 10 of the new power list for the first time; Ideal once again surpassed BBA to win the second place in the luxury list.　

??BMW China denies price cut rumors, maintaining recommended retail price unchanged

BMW China has denied recent rumors that it is withdrawing from the price war. BMW China said that the company has not adjusted the recommended retail price, and authorized dealers will decide the retail price according to market conditions. Previously, there were rumors that BMW may cut the price of models due to factors such as sales fluctuations, market pressure and increased competition. On September 11, BMW lowered its full-year profit margin forecast due to weak demand in the Chinese market and problems with the braking system of German auto parts supplier Continental, which caused BMW’s share price to fall to its lowest point in nearly two years. BMW expects deliveries to decline slightly this year, compared with previous expectations for a slight increase, and full-year EBIT margins are expected to be between 6% and 7%, down from 8% to 10% previously.

??August luxury car sales plummeted: BMW, Bentley and other brands saw an alarming decline

Fast Technology reported on September 24th that the domestic luxury car market suffered a decline in sales in August. Among the 30 luxury brands, only three brands, SAIC Audi, SMART and Polaris, achieved positive sales growth, while the other 27 brands saw sales decline year-on-year. BMW Brilliance sales fell 47.12% year-on-year, Cadillac fell 37.09%, and Infiniti fell 67.39%. Among the ultra-luxury brands, Bentley, Maserati, Ferrari, Rolls-Royce and McLaren all saw sales decline by more than 35% year-on-year. At the same time, the total domestic car sales rose by 8.5% month-on-month, but fell by 5% year-on-year. The decline in luxury cars far exceeded that of the mainstream car market.

Sales in the domestic luxury car market generally fell in August, with only three brands posting positive growth. BMW Brilliance sales fell 47.12% year-on-year, Cadillac 37.09% and Infiniti 67.39%. Ultra-luxury brands saw a sharper year-on-year decline, with Bentley, Maserati, Ferrari, Rolls-Royce and McLaren all exceeding 35%. Total domestic car sales rose 8.5% month-on-month, but fell 5% year-on-year, and the decline in luxury cars far exceeded that of the mainstream car market.

??GAC Trumpchi partners with Huawei to launch smart concept car 1 Concept in 2025

On September 24th, it was reported that GAC Trumpchi’s new concept car 1 Concept was officially released. The new car adopts Huawei’s smart car solution, equipped with Huawei Hongmeng cockpit and Qianhe Intelligent Driving ADS 3.0 system, and is expected to be listed in Quarter 1 in 2025. 1 Concept has a low-lying appearance. There are large-size interactive lights on the front face. LED daytime running lights run through the front of the car and are equipped with time-rotating shaft headlights. The streamline design on the side of the body, the length of the car is 5128mm, the width of the car is over 2000mm, and the wheelbase is 3000mm. It adopts short front and rear suspension and long wheelbase design. The Huawei ADS 3.0 system installed can realize the intelligent driving NCA from parking space to parking space. It arrives with one click. It supports leaving the car and can be parked in a very narrow parking space GAC Trumpchi and Huawei’s cooperative models will cover cars, SUVs, and MPVs, all of which are equipped with Huawei’s new generation of Hongmeng cockpit and ADS 3.0.

??Zhiji LS6 medium and large SUV newly upgraded, pre-sale 229,900

On September 25th, the Zhiji brand officially announced that the new Zhiji LS6 will be launched on September 26th. The pre-sale price range of this medium and large SUV is 22.99-29 9,900. The new car will be equipped with a digital chassis of the lizard, and will be upgraded in terms of appearance and smart driving. Zhiji also announced that the IM AD No Picture City NOA will be launched nationwide in October and will push all models. The new Zhiji LS6 has been adjusted in detail in the design. The headlights and fog lights are more minimalist, the front surround is redesigned, and the tail is equipped with a through taillight group and a ducktail shape to enhance the sense of sports.

??Geely Galaxy E5 sales break 20,000, capacity upgrade to meet demand

On September 24th, Geely Galaxy held a question-and-answer activity for its latest model Galaxy E5, responding to a number of consumer concerns. The official confirmed that only users who have opened the VIP service can enjoy the complete experience of 16 speakers of the Flyme Sound sound system. Regarding the question of the priority of small-order users to pick up the car, the official explained that although small-order users enjoy priority, the actual pickup time is still affected by many factors. Since the launch of the Galaxy E5, the market has responded enthusiastically, and the delivery volume has exceeded 20,000 within 45 days. The founder of Geely personally delivered the key for the 20,000 owner. In order to meet the growing market demand, the factory of Galaxy E5 completed a two-week capacity upgrade in September, and it is expected to be able to fully meet the delivery demand in October.

??Huawei Smart R7 pre-sale starts

First Electric reported on September 24th that Huawei announced the pre-sale of the Smart R7 at the autumn all-scene new product launch conference, which is expected to be launched soon. The Smart R7 is the second model cooperated by Huawei and Chery. It is positioned as a medium and large coupe SUV. The pre-sale price starts from 268,000 yuan, which is comparable to the Tesla Model Y. In design, the Smart R7 adopts a front face similar to the M9, and has the lowest wind resistance coefficient in the world’s mass-produced SUVs. The car adopts a yacht-style environmentally friendly cockpit design, equipped with a screen and a heating and cooling refrigerator. The co-pilot has a zero-gravity seat, and the rear leg space is about one meter. The seat has ventilation, heating and massage functions.

In terms of intelligence, Zhijie R7 is equipped with Hongmeng Zhixing system to enhance the intelligent interaction experience. The power system adopts 800V high-voltage SiC drive motor and 800V fast charging architecture, with a maximum battery life of 802 kilometers. The pre-sale of Zhijie R7 starts from 268,000 yuan. With performance, intelligent technology and comfortable experience, it is expected to become a market competitive product.

??Geely Star Wish pure electric car pre-sale opens: 78,800, battery life 310-410km

Fast Technology September 24th news, Geely Automobile launched a new pure electric car Star Wish, pre-sale price range of 7.88-10 7,800 yuan. The new car adopts a new design language, providing seven car color options, body size is 4135 * 1805 * 1570mm, wheelbase 2650mm, positioning small car. In terms of power, Star Wish provides two single motor power, with a maximum output of 79 horsepower and 116 horsepower, equipped with Ningde Times battery core and liquid-cooled temperature control system, battery life is divided into 310km and 410km two versions, support 1.66C maximum charging rate, 30-80% fast charging time 24 minutes, 10 minutes to supplement the battery life of 120km.

The launch of Geely Star Wish will further enrich Geely’s layout in the pure electric car market, competing with BYD Seagull, Dolphin and other models.

??Haobo NDA3.0 Upgrade: A New Breakthrough in National Autonomous Driving

On September 24th, according to official news, Haobo will push the NDA3.0 system update on September 30th, aiming to improve the recognition and intelligence level of vehicles. This update involves models such as Haobo HT, Haobo GT and Tyrannosaurus Rex single lidar version. NDA3.0 processes information through a single neural networks, reducing losses during transmission and improving the ability to understand complex scenes. The technology can provide a stable driving experience in changeable environments, including complex situations such as backlighting at night and construction sections. Haobo NDA3.0 can also accurately identify and bypass special-shaped obstacles, such as cartons, stones, etc., and flexibly handle the traffic intentions of vehicles and pedestrians on congested road sections. Haobo is committed to promoting smart driving technology, has gained access to the L3 market, and plans to achieve large-scale production of L4-level technology by 2025.

??Changan Qiyuan A07 True Fragrance Edition will be ordered on September 26 and upgraded to L2 + assisted driving.

According to Changan Automobile, the new Changan Qiyuan A07 True Fragrance Edition will be available for pre-order on September 26. This medium and large sedan is the new work of Changan Automobile in this market segment, and the price range of the current model is 13.59-17 6,900 yuan. The whole system comes standard with L2 + level driver assistance system, equipped with IACC intelligent pilot function, front-facing camera is upgraded to 800W pixels, and the UI interface is optimized. The pre-sale price is expected to be the same as the current model, starting at about 135,900 yuan.

??BAIC New Energy cuts production capacity by 200,000 vehicles

On September 24th, it was reported that BAIC New Energy announced that it will adjust its production capacity from 320,000 to 120,000 vehicles and cut 200,000 vehicles to optimize the production capacity of new energy vehicles and focus on high-end manufacturing. BAIC New Energy’s production capacity includes 120,000 vehicles at the Miyun plant and 150,000 vehicles at the Zhenjiang base of Jichu. In recent years, the company’s sales have a big gap with the peak period. The sales volume in 2022 and 2023 are about 50,200 and 92,200 vehicles respectively. The cumulative sales volume in the first eight months of this year is about 52,000 vehicles, an increase of 12% year-on-year, but there is still a gap compared with competitors such as BYD. BAIC Blue Valley has suffered continuous losses since 2020. The net losses from 2020 to 2023 were 6.48 billion yuan, 5.24 billion yuan, 5.47 billion yuan and 5.40 billion yuan, respectively. The net loss in the first half of this year reached 2.57 billion yuan, and the cumulative loss in four and a half years reached 25.161 billion yuan.

BAIC New Energy is making every effort to build three major brands: Jihu, BEIJING and Xiangjie. Among them, Xiangjie S9 is regarded as the key to whether the company can return to the top. Xiangjie S9 connects to Huawei’s ecosystem through Huawei’s smart selection model, obtains technological upgrades, and uses Huawei’s sales channels to expand market entry. In the context of intensified market competition, it remains to be seen whether BAIC New Energy can turn losses and profits through cooperation with Huawei.

??Tesla Model 3 automatic parking failure, staged a "escape" drama

Fast Technology reported on September 24th that the incident of domestic new energy vehicles accidentally running to the road during automatic parking has attracted widespread attention, but car companies have not yet announced the detailed reasons. At the same time, a similar incident has also occurred in the United States, involving a Tesla Model 3. Surveillance video shows that a female driving Model 3 arrived at the door of her house. After using her mobile phone to activate the unmanned automatic parking function, the vehicle began to try to reverse and enter the yard. However, the vehicle suddenly stopped when it was about to complete the parking, and then continued to move forward and turned right to the road. The female owner tried to stop the vehicle, but the vehicle instead accelerated to flee. The final result is unknown because the camera failed to capture the follow-up situation. netizens joked whether this is an AI awakening, but considering that the vehicle can be controlled through the mobile phone, it should not be too much of a problem.

??Millet car 1.3.0 update, intelligent driving function fully upgraded

On September 24, Xiaomi Automobile released the 1.3.0 version of the software update, introducing a number of intelligent driving function optimizations and innovations. The update includes the enhancement of the "small road traffic" function, which improves the environmental modeling ability and can identify and handle complex road conditions more finely. Longitudinal functions have also been optimized, allowing vehicles to decelerate or avoid when facing reverse vehicles, pedestrians, etc. In addition, the intersection speed limit logic and lane selection logic have been optimized to improve the efficiency of passing through intersections.

??Ledao L60 went on sale for 72 hours: orders were full, and Tesla became the main competitor

Fast Technology September 24th news, NIO’s sub-brand L60 listed last week, providing rental services, starting at 149,900 yuan, the market response was enthusiastic. Although the official did not announce the specific order volume, but the founder of NIO and Ai Tie Chengdu said that the new car orders have increased significantly. According to car blogger Sun Shaojun, within 72 hours of the launch of the new car, 160 to 180 new orders were added to each store, the conversion rate of pre-sale orders was between 30% and 35%, and the number of customers entering the store increased by 700% to 800%.

At present, the total number of Ledao channels is about 150 to 200. Weekends are the peak for entering the store, and test drives need to be queued. Most of the car buyers are pure family users around 30 years old, and the replacement ratio is 50% to 60%. 70% of customers choose the battery rental plan. In terms of configuration choices, 90% of users choose rear drive and standard battery life (60kWh), with polar silver as the mainstream color. In the competitor comparison, 60% of customers consider Tesla Model Y, and northern users consider the ideal L6 more. Choosing Ledao L60 mainly focuses on its space and power exchange capacity.

??SAIC-GM-Wuling unveils ASEAN strategy

On September 24, SAIC-GM-Wuling held an ASEAN strategy conference in Nanning, which will become the first Chinese auto company to build in Indonesia. The first phase of investment is 1 billion US dollars, and the first phase of production capacity is 120,000 vehicles. It is expected to drive the development of 70 Indonesian **. At present, the company has achieved exports to more than 104 countries and regions. As of August 2024, the global cumulative exports exceeded 1.07 million units, and the overseas cumulative export amount reached 46.516 billion yuan.

??international

??Potassium metal battery breakthrough: Northeastern University develops stable anode for over 2,000 hours

On September 24th, Gaishi Automotive News, according to the journal eScience, researchers at Northeastern University and their collaborators have made a breakthrough in the field of potassium metal batteries (PMB). They have developed a hybrid interface layer rich in KF/Zn, which can effectively improve the electrochemical performance of potassium metal anodes and extend cycle stability to more than 2000 hours. This innovative method solves the problem of uncontrolled branch growth and interfacial instability in PMB by improving the transport kinetics of ions and electrons, paving the way for the commercial application of potassium metal batteries.

??Northvolt cuts 20% of its global workforce, increases production at its Swedish factory to cope with financial pressure

Northvolt, the European battery industry leader, announced on the 24th September that it would cut 20 per cent of its workforce globally in response to financial pressures. The company has cut 1,600 employees in Sweden, accounting for 25 per cent of its local workforce. Northvolt plans to scale back spending on other projects and focus on ramping up battery production at its Schelefteo plant in northern Sweden to increase revenue.

Northvolt faces challenges including technical issues with capacity, slowing demand for electric vehicles and increased international competition. The company is seeking 7.50 billion Swedish krona (about $737 million) to cover September salaries. This follows BMW’s cancellation of its 2 billion contract with Northvolt due to delivery quality issues, while Volkswagen also expressed dissatisfaction with Northvolt’s delivery speed. Nonetheless, Volkswagen reiterated its continued support for Northvolt, and BMW expressed its trust in the company.

??The number of electric vehicles in Norway has exceeded that of gasoline vehicles for the first time

According to data released by the Norwegian Road Federation (OFV), Norway has become the first country in the world to have more electric vehicles than gasoline cars. Of the 2.80 million passenger cars registered in Norway, 26.3% are slightly higher than gasoline cars at 26.2%. Diesel cars account for 35% and remain the most common model. The number of passenger cars in Norway is expected to increase to 3.10 million by 2030. Norwegian government incentives, such as exempting electric vehicle sales and emissions taxes and reducing tolls and parking fees, have promoted the popularity of electric vehicles. Of the 11,114 cars sold in Norway in August, electric vehicles accounted for 94%.

The Norwegian government wants to end sales of all new petrol and diesel cars by next year. Diesel car sales have soared since the tax benefit was introduced in 2007, but have fallen since peaking in 2017 as the electric car market has grown. In September, the number of diesel cars on Norway’s roads fell below 1 million for the first time.

Globally, about 18 per cent of new cars last year were electric. Electric cars and trucks accounted for 22 per cent of new vehicle sales in China, 14 per cent in Europe and 7 per cent in the US. While global EV sales are growing rapidly, growth in the US has fallen short of expectations, in part because of lagging charging networks and cooling consumer enthusiasm.

??LG Chem signs battery material supply agreement with Toyota Panasonic joint venture

LG Chem has signed a supply agreement for cathode active materials (CAM) for electric vehicle batteries with Prime Planet Energy & Solutions (PPES), a joint venture between Toyota and Panasonic. Under the agreement, LG Chem will supply CAM to PPES ‘Japanese plant from 2026, but the specific supply volume has not been disclosed. The partnership is part of LG Chem’s expansion strategy and aims to develop in tandem with PPES’ electric vehicle battery strategy.

Founded in 2020, PPES has grown rapidly, with a third battery factory in China announced in 2022. Toyota’s joint venture carries the automaker’s international EV goals. In 2022, Toyota decided to invest up to 730 billion yen (about $5.60 billion) to produce EV batteries in Japan and the United States, with the project scheduled to start between 2024 and 2026.

??Philippine auto market sales rose 7% in August, with Toyota leading the way

New vehicle sales in the Philippines rose 7% year-on-year to 39,155 vehicles in August from 36,714 in the same period last year. Cumulative vehicle sales in the Philippines rose 10% to 304,765 units in the first eight months of this year. Commercial vehicle sales rose 9% to 224,438 units, and passenger vehicle sales rose 14% to 80,327 units. Toyota led with 140,654 units, followed by Mitsubishi, Ford, Nissan and Suzuki.

Growth in the Philippine car market was driven by strong domestic economic activity. Gross domestic product grew 6.3 per cent year-on-year in the second quarter, while household spending growth was steady at 4.6 per cent. The government’s zero-tariff programme has added cars and local automakers plan to introduce more hybrid models.

??Geely Automobile partners with Tasco in Vietnam to build a factory and start production in 2026

According to a report on September 24, Vietnamese company Tasco signed a cooperation agreement with Geely Automobile Group to establish a joint venture car assembly plant in Taiping Province, Vietnam. The factory will use the form of CKD to assemble cars. The first annual production capacity is expected to be 75,000 vehicles, mainly assembling Lynk & Co and Geely brand models, and is expected to expand to other brands. The total investment of the project is about 168 million US dollars, with Tasco contributing 64% and Geely Automobile Group contributing 36%. Construction is expected to start in the first half of 2025 and the first models will be delivered in early 2026.

The partnership between Tasco and Geely Automobile Group will not only serve the Vietnamese market, but also plan to export to countries with which Vietnam has signed free trade agreements. Vietnam has previously attracted more investment from Chinese carmakers such as Chery Automobile and BYD.

??Zero Auto goes public in Europe and partners with Stellantis Group to expand its global market

On September 24th, Zero Auto announced that its C10 and T03 models were launched in Europe, and held a global media test drive event in Milan, Italy, officially entering the European market. The two models have been sold in 13 European countries including France, Germany, Greece, Italy. Zero Auto plans to expand its global sales channels to 350 in the fourth quarter of 2024, of which more than 200 will be sold in the European market.

In October 2023, Zero Auto and Stellantis Group established a global strategic partnership to jointly promote electric vehicle projects. The two parties jointly established Zero International Joint Venture, with Stellantis Group holding 51% of the shares and Zero Auto holding 49% of the shares.

??The European automotive industry faces new energy competition and Euro 7 emissions challenges

The European car industry is facing competition from China’s new energy vehicles and the upcoming Euro 7 emissions standards, IT House reported on September 24. The new standards will reduce the carbon dioxide emissions of new cars from 116 grams to 93 grams, and there will be heavy penalties for exceeding the standards. In response to the challenge, European automakers have invested 70 billion euros to develop new electric vehicle platforms and products, and electric vehicle sales will increase from 1% in 2018 to 15% in 2023. But Germany’s removal of incentives for electric vehicles and negative consumer sentiment has led to a slowdown in sales growth. Possible solutions include joining the CO2 pool, lobbying the European Union Commission to relax emissions targets or refocusing electric vehicle sales. However, these are only short-term solutions, and in the long term, automakers need more effective strategies to meet Euro 7 emissions standards. European automakers are challenged to find innovative and sustainable solutions to competitive pressures and emissions requirements as they pursue stricter Euro 7 emissions standards. As the electric vehicle market matures and consumer acceptance changes, automakers need to adjust their strategies to avoid significant fines and remain competitive.

??Volkswagen faces layoffs, unions demand job security

German union IG Metall has asked Volkswagen AG to keep all its plants in Germany and sign a new job guarantee agreement, Reuters reported on September 24. The union’s talks with Volkswagen are set to begin on September 25. The IG Metall union has called on workers to take part in demonstrations ahead of the talks, with leaflets accusing Volkswagen Group CEO Oliver Blume and Volkswagen brand manager Thomas Schaefer of preparing tombstones for the plants. It follows reports that Volkswagen Group could cut up to 30,000 jobs in Germany to improve competitiveness. The cuts mostly concern the research and development department, where between 4,000 and 6,000 of 13,000 research and development workers are expected to lose their jobs. Volkswagen’s labor council has denied the figure. Volkswagen Group Chief Financial Officer Arno Antlitz said that due to the weakness of the European market, the company lost 500,000 sales, and sales are not expected to recover immediately. It must cut expenses and adjust production to adapt to the transition to electric vehicles.

??Solid-state battery research requires standardized protocols

On September 24th, Galaxy Automotive reported that researchers from the University of Bayreuth published a report in the journal "Natural Energy" that despite billions of dollars invested in solid-state batteries worldwide, there is no uniform standard yet. Solid-state or all-solid-state batteries (ASSB) are expected to significantly increase energy density compared to traditional lithium-ion batteries and are seen as key to future electric vehicle energy storage systems. However, due to the lack of standardized protocols, the results of different research teams are difficult to compare. The researchers propose that a starting point needs to be established to achieve repeatability and comparability of battery cell tests, thus helping to reliably evaluate the innovation of this technology.

1905 movie network news Directed by Stephen Chow, the film starring Wang Baoqiang and E Jingwen has been set for the first day of the new year, and the pre-sale has now been fully opened. What influenced countless people 20 years ago, 20 years later, it debuted with a new attitude. What remains unchanged is the story that still focuses on "little people". On the first day of the new year in 2019, I laughed out tears with "The King of New Comedy"!

At present, the "King of Comedy, A New Beginning" theme roadshow is in full swing, and Zhou Xingchi and a group of starring stars rushed to all over the country to meet the audience. On January 26, Zhou Xingchi and his starring stars, E Jingwen, Jing Ruyang, Huang Xiaopeng, and Xiao He, came to Badu Hefei to meet the audience, share the original intention of the creation of "King of Comedy", and talk about their respective understanding of "actor’s self-cultivation". Five people interacted with the audience enthusiastically on the spot, and they were pleasantly surprised to send red envelopes! Sending Chinese New Year happiness to the Hefei audience in advance!

The protagonist of the new film "Female version of Yin Tianchou" Xing Ye said that "women are stronger"

The "King of New Comedy" roadshow came to the outdoor square in Hefei, attracting thousands of spectators. When Zhou Xingchi and the creators appeared, the square was filled with cheers. Xing Ye humorously introduced himself, "I am Dragon Set Zhou Xingchi, this is my Dragon Set Team! The weather is very cold today, everyone has worked hard!" It attracted a lot of laughter and made everyone feel warm in the cold.

As a classic comedy that has influenced countless people, "The King of Comedy" has ushered in a new chapter after 20 years. The script has been polished for three years, focusing on the little people again, and this classic prop folding stool has also "reappeared in the rivers and lakes", surprising the audience: "It’s still a familiar taste! I love Zhou Xingxing all my life!" The new year of 2019 is another year accompanied by Xingye!

When talking about why the film featured a woman as the protagonist, Xing Ye did not hesitate to express his admiration for women, "Because I often feel that women are stronger, so I really want to make a work for women." The heroine, E Jingwen, also said, "Xing Ye was a struggling man before, but in fact, women are also working hard to create the future they want." When talking about the understanding of "actors’ self-cultivation," the star Jing Ruyang said, "It is to pursue the ultimate and achieve perfection."

　

Star Lord’s Message 2019 "Not second and third, you are first!"

Stephen Chow has always focused on telling the story of the little people. The spirit of "The King of New Comedy" is actually to reflect the little people who live seriously and pursue hard. In them, the audience can see authenticity, confidence, seriousness, and even seriousness. They are full of enthusiasm for their work and will not give up no matter how difficult they encounter.

At the Hefei roadshow, Zhou Xingchi said, "In fact, everyone can be the protagonist of their own life. Don’t be afraid of failure, hardship or all kinds of resistance, and work hard with enthusiasm, just like the’wind ‘." And led the audience to shout "Work hard! Fight!" to encourage everyone to stick to their dreams and be the "king of comedy" in their own life.

In addition to chatting with everyone about the original intention of "The King of New Comedy", Xingye and the creators also brought several rounds of red envelope benefits to the audience. At the scene, Xingye commanded the rocker arm to swing left and right, and randomly stopped, locking an audience. Xingye and the creators chose any word in "New" "Happy" "Drama" "King" for the audience, and revealed the amount of red envelopes. The live interaction was very enjoyable, completely igniting the atmosphere. The maximum amount of red envelopes was issued by Xingye himself, which can be described as a koi carp! Xingye and the creators also cheered for everyone in the New Year. "I hope everyone will continue to work hard and strive in the new year. You are not second or third, you are first!"

　

The most familiar Stephen Chow-style comedy is to make you "laugh and cry". At present, the pre-sale of "New King of Comedy" has been fully opened, hurry up and grab tickets! On the first day of the new year in 2019, with "New King of Comedy", laugh out tears and work hard!

　　A number of new laws and regulations have been formally implemented since August.

　　Bike-sharing prohibits the provision of services to children under the age of 12.

　　9 provinces issued wage guidelines and 30 provinces extended maternity leave.

　　In the second quarter, the "blacklist" of mobile apps was announced

　　… …

　　What happened in the past week? What is worthy of attention? What is closely related to you? Please look back on the major events of the week.

　　[Policy Package] A number of new laws and regulations have been officially implemented since August: banks have cancelled a number of charges.

　　A few days ago, the National Development and Reform Commission and the China Banking Regulatory Commission jointly issued a notice, canceling the handling fee for personal cash withdrawal at the counter of the bank in different places, and suspending the collection of six fees for promissory notes and bills of exchange, loss reporting fee and production cost. All commercial banks should take the initiative to waive the account management fee and annual fee for the only account opened by customers in the bank.

　　Previously, some banks would only provide customers with an account free of account management fees and annual fees if they actively applied.

　　[Transportation] The new regulations in bike-sharing are introduced: it is forbidden to provide services to children under the age of 12.

　　On August 2, with the consent of the State Council, the Ministry of Transport, the Central Propaganda Department, the Central Information Office, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Public Security, the Ministry of Housing and Urban-Rural Development, the People’s Bank of China, the General Administration of Quality Supervision, Inspection and Quarantine and the National Tourism Administration jointly issued the Guiding Opinions on Encouraging and Regulating the Development of Internet Rental Bicycles. In order to improve the service level in bike-sharing, the Guiding Opinions clearly require operating enterprises to strengthen the capacity building of online and offline services, implement real-name system management for users’ registration and use, sign service agreements, specify charging methods and standards, establish a complaint handling mechanism, purchase personal accident insurance for users, and prohibit providing services to children under the age of 12.

　　[Financial Services] The asset-liability management and supervision system was introduced during the year! Insurance investment can no longer be "lavish"

　　The China Insurance Regulatory Commission (CIRC) recently issued a notice to conduct a trial evaluation of the asset-liability management capability of insurance companies, and plans to formally issue the asset-liability management supervision system by the end of this year. The insiders believe that this will help the regulatory authorities to fully grasp the risks of maturity mismatch, spread loss and liquidity of insurance companies, and guide the funds to "get rid of the virtual reality".

　　[society ruled by law]The State Bureau for Letters and Calls invited lawyers to "sit in the classroom" to receive visits, showing initial results.

　　It is reported that in August last year, the State Bureau for Letters and Calls introduced lawyers to participate in the reception of people’s visits and strengthened the social resolution of letters and visits. By the end of July this year, six law firms recommended by Beijing Lawyers Association had sent 42 backbone lawyers to take part in the interview, and received 2578 batches of people, which played a positive role in guiding petitioners to solve problems through legal channels.

　　[Environmental Protection] The third batch of central environmental protection inspectors held 4,660 people accountable and severely criticized environmental protection inaction.

　　Regardless of the number of reports received by the masses or the number of accountability, the third batch of central environmental protection inspectors has significantly increased compared with the previous two batches. In addition, the feedback report is harshly worded — — "Doing superficial things to cope with inspections", "Inaction and chaos are common problems" and "Some cities and departments have a weak awareness of environmental legal system" … … Pointing out the local "lesions" to the nail on the head has sounded the alarm for local ecological environment protection.

　　[People’s livelihood expectations] How much is the salary increase this year? 9 provinces released the 2017 salary guideline.

　　Has your salary increased this year? If it doesn’t go up, you can give the 2017 corporate salary guidance line to your unit. The reporter found that at least nine provinces, autonomous regions and municipalities have issued guidelines for enterprise wages in 2017, which provides guiding suggestions for enterprises to adjust wages for employees.

　　[Social Welfare] Extension of maternity leave in 30 provinces

　　In the past five years, the maternity protection policy has become more solid. At present, 30 provinces have extended maternity leave, and the holidays generally reach 138 to 158 days. By the end of 2016, the number of people participating in maternity insurance nationwide was 184 million, and the per capita treatment level was 15,300 yuan, an increase of 30.22 million and 4,098 yuan compared with 2012. Many institutions, institutions and communities are also equipped with nursing rooms, custody centers and other facilities.

　　[Food Safety] New rules for online take-out will be issued. Say goodbye to "Black Workshop Fly House"

　　According to the relevant person in charge of the Food Supervision Department II of the Food and Drug Administration, in the next step, the Food and Drug Administration will step up the promulgation of the Measures for the Supervision and Administration of Online Catering Services, clarify the respective food safety responsibilities and obligations of online third-party service platforms, online catering service units and food and drug supervision departments, standardize the operation behavior of online catering services, prevent and control food safety risks of online catering services, and protect consumers’ rights and interests.

　　[Mobile phone security] The Ministry of Industry and Information Technology announced the "blacklist" of mobile phone apps in the second quarter. Have you installed it?

　　In the second quarter, the Ministry of Industry and Information Technology organized a technical inspection of the application software of 55 mobile phone application stores, and found 42 pieces of illegal software, which involved illegal collection and use of users’ personal information, malicious "charging", forced bundling and promotion of other applications, and so on, and had been ordered to be removed from the shelves.

　　[Convenience service] Beijing pilot ID card self-service application for photos can be retaken if you are not satisfied.

　　 Recently, the reporter found that there is a self-service device for ID card processing in a police station in Beijing. You don’t have to wait in line at the artificial window, sit in a self-service device, input personal information, take photos, record fingerprints and pay the money according to the prompts, and the information collection can be completed in a few minutes. You can help yourself all the time, and you can retake the photos if you are not satisfied. And forensics is also self-service. There is a self-service forensics equipment next to the accreditation equipment. After ten working days, I can obtain evidence through fingerprint identification.

　　[Travel] The implementation of illegal "one-day tours" in the Beijing Tourism Regulations is the focus of the crackdown

　　While drawing a clear distinction between legal and illegal "one-day tour" operations, the regulations set up a special section on "one-day tour", which prohibited six types of behaviors and distinguished the legal responsibilities of the existing legal provisions (tourism law, public security management punishment law, etc.) and those without legal provisions.

　　[Weather tip] Heavy rain to heavy rain! Start flood prevention and early warning in many places to face the storm and flood.

　　On August 3-4, Xiuyan Manchu Autonomous County, Anshan City, Liaoning Province was hit by heavy rain. The local people transferred 18,900 people overnight. Xinhua News Agency reporter Yang Qing photo

　　Affected by typhoon Haitang’s residual cloud system and cold air, some areas such as Shandong, Henan, Hebei, Liaoning and Heilongjiang will have heavy rains, and relevant departments will start flood prevention and early warning, transfer and avoid risks, and go all out to meet possible storms and floods.

　　(Comprehensive Xinhua News Agency, People’s Daily, Beijing Youth Daily and other media reports editor Liu Qiong)