In 2023, the soda ash market experienced great changes, and the price fluctuation was obviously intensified. This paper mainly analyzes the changes of soda ash market in 2023, and looks forward to the changes and unchanged in 2024.

　　I. Important changes in soda ash market in 2023

　　In 2023, the soda ash market has undergone many changes, both in supply and demand, and in the market competition pattern. As an important part of three acids and two alkalis, soda ash is known as the "mother of chemical industry". Because of its high degree of standardization and relatively easy preservation, there are more participants in soda ash futures and spot. On the whole, the changes of soda ash market in 2023 include the following five aspects:

　　First, the price fluctuation cycle of soda ash is shortened, and the price elasticity is intensified. Taking the price fluctuation of 1000 yuan/ton as the boundary, it will take several months or even years for soda ash to get out of a 1000 yuan/ton band before 2022, and the soda ash market will experience two waves of 1,000 yuan rise and two waves of 1,000 yuan fall in 2023. In 2023, the huge fluctuation of soda ash showed the characteristics of short-term strong outbreak, and most of the thousand-point market in the year was completed within 1.5-2.0 months. This change has an obvious impact on market participants. If we can’t change our thinking quickly, both spot and futures operations are prone to losses.

　　The picture shows the trend of domestic soda ash futures and spot prices from 2021 to 2023 (unit: RMB/ton).

　　Second, the supply of soda ash continued to increase, and the production capacity increased to a new high. In 2023, the domestic output of soda ash was about 32.54 million tons, an increase of 3.34 million tons, with an increase of 11.44%. This output accounts for nearly half of the global soda production, and has reached a record high. The sharp increase of soda ash production in 2023 is mainly affected by the release of daily production capacity and the increase of operating rate. In 2023, the domestic soda production capacity will increase by 6.3 million tons.Head enterprises represented by Jinshan, Henan Province continued to expand their production capacity. In 2023, the profits of ammonia-alkali method and combined alkali method (double tons) were 876 yuan/ton and 1387 yuan/ton respectively, which stimulated the operating rate to increase by 2.78% to 88.04% during the year.

　　Third, the concentration of soda ash upstream is further improved. The biggest change of soda ash market in 2023 is the sharp increase of industry concentration, and the leading enterprises’ control over prices is obviously enhanced. According to the data of Baichuan Yingfu, by the end of 2023, the effective production capacity of domestic soda ash was about 37.8 million tons, among which the top three enterprises (Henan Jinshan, Boyuan Yingen,The total production capacity is 13.2 million tons, accounting for 34.92%; The total production capacity of the top ten enterprises is 23.7 million tons, accounting for 62.70%. If the production capacity of the same group is combined, the top five enterprises in Henan Jinshan, Zhongyan Group,The total production capacity is about 22.1 million tons, accounting for 58.47%; By the end of 2022, the production capacity of the top five soda enterprises accounted for about 51.11%. Not only is the number improved, but Jinshan, Henan Province is the lowest-cost soda enterprise in China and the lowest-cost chemical soda enterprise in China. The market share of low-cost enterprises has increased, and the impact of the change in operating rate on the market has greatly increased. In addition, China National Salt Group, which ranks in the top five, is the main producer of soda ash delivery products in China, and the domestic soda ash production cost is high. The ecological environment in Qinghai is fragile, environmental protection problems are prone to repeated fermentation, the cost of seawater is high, the price sensitivity is high, and it is easy to reduce production after losses.

　　Fourth, the downstream demand of soda ash reached a record high. In 2023, the domestic total consumption of soda ash was about 31.32 million tons, an increase of nearly 2 million tons compared with 2022. The main increase comes from the increase of photovoltaic glass production. From January to November 2023, the domestic photovoltaic glass output was 22,593,300 tons, an increase of 8,119,300 tons compared with the same period of last year, with a growth rate of 56.10%. It is estimated that the domestic photovoltaic glass output will be 25 million tons in 2023, an increase of 8.8 million tons compared with the same period of last year, and the demand for soda ash will increase by 1.76 million tons. In addition to the impact of the increase in photovoltaic glass production, the increase in lithium carbonate production also brought about some increase.

　　Fifth, soda ash imports hit a new high for many years. In 2023, the export volume of soda ash was about 1.47 million tons, and the import volume was about 770,000 tons, which reached a new high in more than ten years. In 2023, overseas soda production capacity increased slightly, but the growth rate of overseas demand was low. In 2023, the center of gravity of domestic soda ash price moved up, and the spot price rose above 3,000 yuan/ton for many times. After the price difference between domestic and foreign markets was opened, leading glass enterprises and large traders actively imported natural alkali with lower price, mainly American alkali and Turkish alkali. According to the CIF price of US$ 210/ton and the exchange rate of US$ 7.10 against RMB, the total cost of importing trona (including customs duties, value-added tax and transportation fees) for glass enterprises is only RMB 2,000/ton. When the domestic price rises above 2600 yuan/ton, and the price difference is greater than that of 600 yuan/ton, even considering the risk of falling spot price, the import is still profitable.

　　Second, the change and invariability of soda ash market in 2024

　　1. Constant: High volatility continues.

　　The constant price of soda ash, a basic chemical, will be its frequent change, and the high fluctuation characteristics of soda ash will continue in 2024. Soda soda, a non-hazardous chemical, has a high degree of standardization, so it has been widely concerned by market funds. In addition to institutional investors, in recent years, soda production, consumption and trade enterprises have also actively participated in the futures market, and the current institutions are constantly emerging and their influence on the market is increasing. In the constant game of the market, the price fluctuation of soda ash is also obviously intensified, and the high fluctuation will continue in the future.

　　Due to the high fluctuation of soda ash, there are obvious hedging opportunities in the upper, middle and lower reaches of the industrial chain. From 2021 to now, domestic spot price and futures of Shahe heavy soda ashThe price difference of the contract fluctuates obviously, and most of the futures are discounted to the spot, but there have also been several waves of futures premium spot trends. Under the pessimistic expectation, the soda ash futures price in 2023 is mostly discounted in cash, but two waves of soda ash surge in the year make the basis quickly repaired. At present, the soda ash market is still characterized by a large discount on spot futures, and downstream enterprises should actively pay attention to the opportunity to buy soda ash near the cost price in the distant month for hedging. Upstream enterprises rely on spot prices to sell recent contracts for hedging.

　　2. unchanged: the expectation of oversupply is hard to change.

　　Since March 2023, the main trading logic of soda ash market has been the expectation of oversupply brought by production capacity. In 2023, the domestic soda production capacity increased by 6.3 million tons, and there are still nearly 3 million tons of production capacity to be released in 2024. According to the production pace of soda ash, the oversupply of soda ash in 2024 is expected to be obvious, especially in the first half of the year, there are few maintenance arrangements for enterprises, and the supply pressure brought by new production capacity will have a greater impact on prices, and the trend of SA2405 is downward.

　　3. No change: the maintenance effect will continue to ferment.

　　In 2023, the soda ash market fluctuated greatly, and besides the impact of the release rhythm of new capacity, the phased maintenance of old equipment also had a more obvious impact on the price. The surge of soda ash from July to August, 2023 was driven by "delayed launch of new production capacity" and "large-scale overhaul of old equipment", and the surge of soda ash in November, 2023 basically continued the dual drive. Looking forward to 2024, the spot and futures prices of soda ash will face obvious price pressure in the first half of the year, with the increase in imports and the release of new capacity at the beginning of the year, and the maintenance in the first half of the year is usually less. If the price drops sharply in the first half of the year, especially after falling below the cost of ammonia-alkali process, the overhaul of soda ash market will increase obviously, and it is likely to exceed the supply increment brought by new production capacity. From the time point of view, the large-scale overhaul of soda ash in 2024 may take place in June-August, and the double pressure of high temperature superposition and falling prices in summer will promote the overhaul of soda ash enterprises. If the maintenance happens as scheduled, the price of soda ash is likely to rebound in stages.

　　The table shows the influence matrix of soda plant commissioning and maintenance on the price.

　　4, unchanged: photovoltaic glass brings incremental demand.

　　In 2023, 19 domestic photovoltaic glass production lines will be added, and the daily melting capacity will increase by 19,750 t/d to 99,810 t/d. In 2023, the incremental demand of photovoltaic glass for soda ash will be nearly 1.8 million tons. In 2024, domestic photovoltaic glass will still be in the cycle of capacity expansion, and the demand for soda ash will increase, which will still be the main source of incremental demand for soda ash. Affected by the early warning system of photovoltaic glass production capacity and the slowdown of demand growth, after considering the maintenance and other factors, it is estimated that the domestic photovoltaic glass production capacity will increase by 20,000-25,000 t/d to 120,000-125,000 t/d in 2024, the annual output will increase by about 6 million tons, and the demand for soda ash will increase by 1.2 million tons.

　　5. Constant: Downstream demand remains rigid.

　　In 2023, the market of soda ash is mainly driven by the supply side, and the demand side is relatively less sensitive to the price. The downstream of heavy alkali is mainly used for float glass and photovoltaic glass, while the downstream demand of light alkali is relatively dispersed but closely related to food, clothing, housing and transportation. Before the price of soda ash rose above 3000 yuan/ton, the demand of heavy alkali and light alkali changed little; When the price rises above 3000 yuan/ton, the downstream of heavy alkali will obviously reduce the purchase, and some downstream of light alkali will reduce the production to reduce the loss. Because the demand for soda ash is relatively rigid, changes in the supply side will lead to huge price fluctuations. With the continuous increase of photovoltaic glass production, the proportion of heavy alkali demand will continue to increase, and the change of soda ash demand side will be smaller.

　　6. Change: non-traditional demand or exceeding expectations

　　In 2024, the demand for soda ash is expected to increase by 2 million tons, which is close to that in 2023. The incremental demand brought by photovoltaic glass is slightly reduced, and the demand for float glass is slightly increased. Represented by lithium carbonateThe demand for alkali will increase, and new fields such as nano-zinc oxide will create some new demand areas. On the whole, the demand for soda ash in 2024 is not pessimistic, and we will continue to pay attention to the production capacity of photovoltaic glass and the non-traditional demand changes represented by lithium carbonate in the later period.

　　7. Change: the end of the high-profit pattern

　　On the whole, the pattern of soda ash market in 2024 is set to be loose supply, especially in the first half of the year. In 2024, the expectation of oversupply in soda ash market will be fulfilled with a high probability, and the price center may be significantly lower than that in 2023. According to the average price of 2000 yuan/ton of heavy alkali, the average profit of ammonia-alkali process may drop to 200-300 yuan/ton in 2024, which is obviously lower than the average profit of 876 yuan/ton in 2023. In 2024, soda ash spot enterprises may experience staged losses, and individual enterprises may withdraw from the market.

　　8. Change: The overall operating rate of the industry will decline.

　　Under the background of production capacity, it is expected that the price of soda ash will drop and the profit will drop in 2024, and the industry operating rate will decline. Among them, the low-cost natural alkali may maintain a high operating rate, and the operating rate of high-cost combined alkali and ammonia-alkali method may show a downward trend. Periodic losses and maintenance may lead to the operating rate of soda ash industry falling below 80%.

　　9. Change: The import volume may be significantly reduced.

　　In 2023, the import of soda ash increased sharply, and the core reason was the expansion of internal and external price difference. In 2024, the operation center of soda ash price will move down and the import window will be closed. It is estimated that exports will drop significantly in 2024, and the annual export volume may drop to around 400,000 tons, which is lower than 770,000 tons in 2023.

　　10. Change: The mode of trade may continue to change.

　　Influenced by the opportunity brought by the fluctuation of soda ash price, a large number of current institutions have emerged in the domestic soda ash market since 2021, among which Jiangsu, Zhejiang and Shanghai-based institutions are deeply involved. With the advantages of capital, talents and information, current merchants have become one of the leading forces in soda pricing. Through the combination of existing machines, the spot price has become an important way of soda ash spot circulation. Leading float glass enterprises, such as Qibin and Xinyi, also began to use the point price to purchase. Under the impact of the new model, the trade pattern of soda ash has changed greatly, especially in Shahe and Hubei, two delivery warehouses.

　　11. Change: the direction or change of goods.

　　In 2023, a large amount of new capacity of soda ash was released, among which 4 million tons of new capacity of Yuanxing Energy and 2 million tons of new capacity of Jinshan, Henan Province had the most significant impact. Due to the limited consumption of soda ash in northwest China, most of the soda ash in Inner Mongolia and Qinghai needs to be sold abroad. With the continuous release of new production capacity, the trade pattern of domestic soda ash market will also change in the future. The low-cost Yuanxing trona will mainly circulate in the northern region, and Henan Jinshan will further enhance its market share in Central China and East China. The original soda enterprises with North China and Central China as the main consumption areas will pay more attention to the regional markets such as East China and South China in the future, and the competition will be more intense.

　　12. Change: Downstream pricing power will be significantly enhanced.

　　In 2024, the price of soda ash shows a downward trend as a whole, the upstream pricing power will be weakened, the downstream pricing power will be enhanced, and the profit of the industrial chain is expected to be reconstructed. In the downward price stage, the downstream wait-and-see mood may intensify, leading to "negative feedback" in the spot market. When the price of soda ash falls to near the cost of ammonia and alkali, downstream enterprises may increase their replenishment efforts, and then the inventory will be transferred from upstream to downstream. Benefiting from the downward trend of raw material prices, the profit of float glass in 2024 may be slightly better than that in 2023. (Author:Futures)

Explain the valve knee.

The one I received was not practical, but a model, but this one is really not a model.

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The torque on this side is 10 Nm in all aspects. The warning is 5 Nm first, and the tightening is 10 Nm after warning is 5 Nm. The two screws on this side correspond to the screws on the exhaust socket pipe, and this side should also be 10 and 12. These two should be two when they were wrong just now. The ignition coil is inside, and the cannon plug is inside. The electromagnetic side is brand new.

Isn’t there a bypass room here after loading, so there is a gift here, so you must push it up after loading with this small bag, otherwise it will be pressure-relieved, and it will be exactly the same as whether it is loaded or not, and the waste gas will still be oily here, so this thing should be inserted in time after loading.

Here is the antifreezing valve, and here is the antifreezing valve of the exhaust pipe. It costs 39 yuan to buy the pipe, the oil inlet and the cover separately. This is a complete set.

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The exterior design of BMW i5 is very dynamic and futuristic. The front face adopts the iconic kidney air intake grille, combined with LED headlights, creating a sharp and technological visual impact. The body lines are smooth, which shows the perfect combination of details and strength of BMW brand. The overall style is elegant without losing the sense of strength, which fully embodies the luxury and innovative spirit of I-series models.

With its slender body size, the BMW i5 has reached 5175mm*1900mm*1520mm, and the wheelbase has reached 3105mm, providing passengers with spacious and comfortable interior space. The lines on the side of the car are smooth and dynamic, showing BMW’s consistent elegance and sense of strength. Tyre size is the front 245/45 R19 and the rear 245/45 R19, which not only provides a good grip, but also complements the rim style, adding to the sporty temperament of the vehicle. The overall design shows the exquisiteness of BMW i5 in details and the pursuit of driving pleasure.

The interior design of BMW i5 fully demonstrates the perfect combination of luxury and technology. It adopts exquisite leather steering wheel, which provides electric up and down+front and rear adjustment function to ensure driver’s comfort and convenient operation. The 14.9-inch central control screen stands in the car, equipped with multimedia system, navigation, telephone and air conditioning voice recognition control system, which is convenient for users to operate. The seat is made of imitation leather, and the front and rear rows have the functions of front and rear adjustment, backrest adjustment, height adjustment and lumbar support. The driver’s seat is also equipped with electric seat memory, which provides passengers with an excellent riding experience. At the same time, the car is equipped with a variety of USB/Type-C interfaces and mobile phone wireless charging function, which meets the needs of modern drivers for convenient interconnection.

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After the ideal MEGA introduced the 5C rechargeable battery, the pursuit of 800V architecture and ultra-fast charging in the new car of the 2024 Beijing Auto Show seems to have cooled down a little. After all, ultra-high-speed energy replenishment requires a balance between long and short plates, and the construction of 3C+ rechargeable piles in China is still in the initial stage. However, in addition to the fast charging speed, there are many benefits of the 800V architecture, such as relatively lower overall power consumption. So, what kind of new 800V cars will we see at the 2024 Beijing Auto Show?

Huawei Xiangjie S9

As a new member of HarmonyOS Zhixing, the new car enjoys the position of S9 as the first luxury flagship car of the brand, and its overall design is similar to that of M9, so it is called "Huawei 9 Series Double Flagship".

According to the information of the Ministry of Industry and Information Technology, Xiangjie S9 belongs to "Huazhang" car, with the logo of "STELATO", with a length of 5160mm, a width of 1987mm, a height of 1486mm or 1498mm, a wheelbase of 3050mm and a curb weight of 2216/2246/2366kg.

Enjoy the world S9 equipped with the motor provided by Huawei Digital Energy Technology Co., Ltd., the peak power of the rear-drive version can reach 227kW, and the dual-motor version is 158kW+227kW.

Huawei’s new asking M5.

On the afternoon of April 23rd, the media will hold the launch conference of the new media M5 in Beijing.

In terms of appearance, the new M5 has not changed much; In terms of power, the new M5 has two kinds of power options: pure electricity and extended range. The motor is available in 272 HP rear drive and 496 HP four-wheel drive. The cruising range of pure electric rear-drive vehicles is 602 and 620km, and that of pure electric four-wheel drive vehicles is 534km；. The extended-range model is equipped with a 1.5T engine as a range extender, with a maximum power of 152 HP and a pure electric battery life of CTLC ranging from 230 to 260km.

Judging from the existing information exposed on the Internet, the new M5 will be upgraded to a 22,000 rpm Huawei motor, and the extended-range version will be equipped with a 50-degree battery pack, and the pure battery life will reach 330km, reaching 1520km comprehensively.

The new Wujie M5 EV is equipped with an 800V whale silicon carbide high-voltage fast charging platform and a 100-degree battery pack, with a maximum battery life of 800km.

The new M5 will be equipped with Turing smart chassis, CDC and air suspension. In addition, like the main driver’s seat upgraded to a marshmallow seat, the headlights upgraded to smart headlights and equipped with AR-HUD will also be new changes; It is also reported that the on-board chip will continue to be upgraded from the current "Kirin 990A".

In terms of intelligent driving, the new M5 will be equipped with Huawei 192-line lidar.

Weilai Ledao L60

Ledao Automobile is the second brand of Weilai’s main household. All models will be developed based on Weilai’s third-generation technology platform NT3.0, and will share the power exchange network with Weilai. It is worth mentioning that the car is expected to be listed within the year, and the price may be in the range of 200,000-300,000 yuan. The main competing products are locked in the Model Y model.

Ledao brand means "Happy family, good housekeeping".

According to Li Bin, the founder, chairman and CEO of Weilai, the price of this car is low for the Tesla Model Y currently on sale.

In terms of power, according to previous information, the government has planned two versions of this car, about 60kWh and 90kWh, and will adopt a new generation of motors from Wei Ziyan. The size of the new battery pack will be compatible with the current third generation power station, but the thickness will be thinner to make more room for the vehicle cockpit.

Weilai NT3.0 platform will adopt 800V high-voltage architecture, which will greatly shorten the charging time and improve the cruising range of vehicles. In addition, the new platform will be equipped with a new generation of electric drive systems and self-developed chips to further improve the performance and efficiency of vehicles.

Porsche Macan EV

Porsche Macan EV is built on the pure electric platform of PPE and adopts the latest family-style design language. In terms of body size, the length, width and height of Macan EV are 4784/1938/1622mm and the wheelbase is 2893mm, respectively.

In terms of smart cabin, Porsche Macan EV is equipped with PCM of Android Automotive OS car operating system, and Porsche Application Center that can download third-party applications, which can download more apps and support CarPlay mobile phone mapping; My Porsche application can remotely control charging and in-vehicle functions. All three screens can display relatively comprehensive information, including navigation, music, Bluetooth phone and so on.

In terms of power, Macan EV adopts the latest generation of permanent magnet synchronous motor, and adopts the front and rear dual-motor four-wheel drive layout, with a maximum power of 300 kW and a maximum torque of 650 Nm; Macan Turbo has a maximum power of 470 kW and a maximum torque of 1130 Nm. Macan EV is equipped with 100kWh 811 ternary lithium battery, divided into 12 modules, with a total of 180 square batteries.

On the performance level, the 0-100km/h acceleration of Macan 4 is 5.2 seconds, and that of Macan Turbo is 3.3 seconds.

Macan EV is equipped with 800V technical architecture. The maximum charging power of Macan can reach 270kW, and it can be charged from 10% to 80% within 21 minutes at the earliest. If the charging pile can only use 400V technology, pure electric Macan will start the "combined charging" function to speed up the charging process. The "combined charging" function can effectively divide the 800V battery into two batteries, each with a rated voltage of 400V, which can be charged in a 400V charging pile in parallel.

In terms of endurance, Macan 4′ s comprehensive cruising range WLTP is 613km and Macan Turbo is 591km.

Hongqi EHS7

Hongqi EHS7 is a new pure electric medium and large SUV launched by Hongqi.

Hongqi EHS7 basically continues the styling design of Hongqi’s previous concept car. In terms of body size, Hongqi EHS7 has a length, width and height of 4925/1950/1680 (the height of the whole vehicle is 1665mm)mm when air spring suspension is installed) mm, a wheelbase of 3000mm and a curb weight of 2350/2475kg.

It is reported that Hongqi EHS7 will provide flagship configurations such as HAC intelligent driving advanced safety chassis system, four-wheel drive system, air suspension and 800V fast charging system.

According to the information declared by the Ministry of Industry and Information Technology, in terms of power, Hongqi EHS7 can choose single-motor two-wheel drive and dual-motor four-wheel drive models. The single-motor two-wheel drive motor has a maximum power of 253kW and is driven by rear wheels. The maximum power of the front motor and the rear motor of the dual-motor four-wheel drive vehicle is 202kW and 253kW respectively, and the maximum speed of both power vehicles is 200 km/h..

Hongqi EHS7 battery is equipped with ternary lithium batteries provided by Contemporary Amperex Technology Co., Limited and Times FAW.

Jiyue 07

Extreme Yue 07, the first car under the brand of Extreme Yue, won the German Red Dot and iF design awards in 2023 with its unique design. Although the news about this model is not rich, its award-winning design strength has attracted attention.

It is understood that the Extreme Yue 07 adopts a hatchback design, which can provide more ample trunk space. In addition, the model is equipped with intelligent AI pixel headlights and voice functions inside and outside the car, and it is also equipped with the first pure visual high-order intelligent driving technology in China, which solves the disadvantages of the roof watchtower lidar that destroys the curve beauty and low wind resistance design of the whole vehicle.

The brand "Jiyue" was deeply cooperated by Geely Holding Group and Baidu Group for many years, and it was upgraded as a strategic cooperation project of automobile robots between the two parties. It is positioned as a high-end smart car robot brand under Geely Holding.

It is reported that the Extreme Yue 07 is built on the vast structure of Geely SEA. In terms of intelligent cabin, the interior will continue to adopt the same design as 01. It will be equipped with a 35.6-inch 6K 3D unbounded integrated ultra-clear large screen, with a built-in Qualcomm 8295 chip. For the first time, two NPUs will be fully enabled, and the AI computing power is as high as 60TOPS, supporting the AI model to get on the bus, equipped with a half-width steering wheel and screen shifting. The new car is also expected to adopt BEV+Transformer’s "pure vision" high-level intelligent driving technical scheme.

In terms of power, referring to the powertrain of Extreme Yue 01, Extreme Yue 07 provides two sets of power systems, namely rear drive and four-wheel drive, with a single motor version of rear drive, with a maximum output of 200kW and a peak torque of 343N?m；. The maximum power of the four-wheel drive version is 400kW.

In terms of battery life, Extreme Yue 07 is expected to be equipped with 800V architecture, and the reference Extreme Yue 01 provides three battery life versions of CLTC working conditions of 550km, 720km and 660km.

Krypton MIX

Krypton MIX is a medium-sized pure electric MPV launched by Krypton brand.

The extreme krypton MIX has a very short front and rear suspension, and its square and rounded shape is deeply loved by netizens. It is nicknamed "Baby Bus", and the new car will be equipped with lithium iron phosphate batteries and ternary lithium batteries.

In terms of intelligence, the high-end version of the new car will be equipped with lidar, which is expected to support the navigation function of high-order intelligent driving cities.

In terms of body size, the length, width and height of the new car are 4688/1995/1755mm and the wheelbase is 3008 mm. It is positioned as a medium-sized pure electric MPV.

In terms of power, the new car is equipped with a motor with a maximum power of 310kW and a maximum speed of 180 km/h.

Geely Yinhe E5

As a pure electric SUV of Yinhe brand, Geely Yinhe E5 focuses on the compact SUV market, and the left and right rudder models are developed and tested at the same time, anchoring the global market and will be exported for sale in the future. The body size of Yinhe E5 is 4615*1901*1670mm and the wheelbase is 2750mm.

Geely Galaxy E5 adopts the ripple and rhythm grille of the same model as Galaxy E8, with smooth body, hidden door handle and tight rear, which all look sporty.

In terms of power, according to the application data, the new car will be driven by a single motor with a maximum power of 218 HP. It is equipped with a lithium iron phosphate battery provided by Honeycomb Energy, and its capacity is temporarily unknown. Whether there are other power versions in the follow-up is subject to further official announcement.

Extreme Fox Alpha S5

Extreme Fox Alfa S5 new car is positioned as a pure electric medium-sized car. Its appearance adopts the latest family design style of Extreme Fox brand, and its drag coefficient Cd is only 0.1925, which is a new world record for mass production cars.

In terms of body size, the length, width and height of the new car are 4820/1930/1480mm and the wheelbase is 2900mm respectively.

In terms of intelligent cabin, the new car uses a dual-spoke multi-function steering wheel, with a 15.6-inch suspended LCD central control panel and an enclosed interior atmosphere light, which has outstanding texture. In addition, the new car will provide three interior colors: foggy brown, light gray and energy black. In addition, it is equipped with a visual crystal fragrance, which can carry three fragrances at the same time.

In terms of performance, Extreme Fox Alpha S5 has a global 800V high-voltage architecture.

The single motor version of Extreme Fox Alpha S5 has a maximum power of 185kW(252 HP) and is equipped with lithium iron phosphate battery. The four-wheel drive dual-motor version has a maximum power of 390kW(530 HP) and is equipped with Contemporary Amperex Technology Co., Limited ternary lithium battery.

Xing tu xing Ji yuan ET

Star Era ET, the first SUV of Qiruixing Road Star Era, is based on Chery’s brand-new E0X high-end intelligent electric platform, focusing on the pure electric medium and large SUV market.

In terms of body size, the length, width and height of ET in Xingyuan are 4955/1975/1698mm and the wheelbase is 3000mm respectively.

In terms of intelligent driving, Star Age ET is equipped with 30 high-performance sensors +508TOPS computing power (2 Orin-X chips) to realize NEP full-scene intelligent driving assistance (urban intelligent driving assistance, high-speed intelligent driving assistance, intelligent parking) to meet various intelligent driving travel scenarios.

In terms of intelligent cabin, Xingjiyuan ET is equipped with a full-stack self-developed DHS health monitoring system. Based on visual recognition technology and deep neural network model analysis, it can monitor heart rate, blood pressure, blood oxygen saturation, etc., and automatically generate reports on a regular basis to fully care for the health of family users.

In terms of power, Star Age ET adopts dual-motor four-wheel drive. The maximum power of the front-axle motor is 183kW(249 HP), and the maximum power of the rear-axle motor is 230kW(312 HP). The comprehensive power may exceed 500 HP, and the acceleration from 0-100km/h is 5.46s s. In addition, Xingjiyuan ET is also the first to take Contemporary Amperex Technology Co., Limited Shenxing rechargeable battery, which can "charge for 10 minutes and Shenxing for 400 kilometers" at normal temperature, and it takes 24 minutes for Xingjiyuan ET SOC to be 20%-80% in extremely cold environment at minus 20℃.

Star Road Star Era ET was born on E0X electric platform, which integrates 800V high-voltage system, EEA5.0 electronic and electrical architecture, Shenxing rechargeable battery, NEP full-scene intelligent driving assistance, AI large model, pan/tilt chassis and other technologies. It is equipped with IAS intelligent air suspension and CDC electromagnetic vibration reduction system, which can intelligently preview the road ahead and quickly adjust the suspension height and damping.

Author: YKPM

Source: First Electric Network (www.d1ev.com)

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The design of MG ZS presents a fashionable and dynamic style. The front face adopts a family-style design language, and the air intake grille is decorated with a large area of chrome plating, which makes the whole front look more exquisite with sharp headlights on both sides. The body lines are smooth, and the rear part adopts a simple design. With the shape of the taillights, the overall style is very harmonious.

MG ZS has a body length of 4323mm, a body width of 1809mm and a body height of 1653mm, with a wheelbase of 2585mm. The side lines of the car body are smooth and natural, with 17-inch rims, showing a dynamic design style. The front tread is 1526mm and the rear tread is 1536mm, which ensures good stability and handling. The front and rear tyre size are both 215/55 R17, which provides excellent grip and comfort for driving.

The interior of MG ZS adopts a simple and fashionable design style. The layout of the center console is reasonable. The 10.1-inch central control screen is clear and easy to operate. It supports voice recognition control system and can easily control multimedia systems, telephones and air conditioners. The steering wheel is made of leather, which feels comfortable and supports manual adjustment up and down. The front row is equipped with 3 USB ports and the back row has 2 Type-C ports to meet various charging requirements. The seat is made of fabric, the main seat can be adjusted in front and back, backrest and height, the auxiliary seat can be adjusted in front and back, and the rear seat supports proportional reclining to meet the needs of different occasions.

MG ZS is equipped with a 1.5L 120 HP L4 engine with a maximum power of 88kW and a maximum torque of 150 N m.. The engine is matched with a 5-speed manual gearbox, which provides a stable and economical power output for the vehicle.

His evaluation undoubtedly adds a touch of bright color to the performance and appearance of ZS. His low fuel consumption and fashionable appearance, especially the blessing of panoramic sunroof, make ZS not only perform well in fuel economy, but also visually give drivers a full sense of advanced.

　　General Secretary of the Supreme Leader pointed out in the Party’s Report to the 20th CPC National Congress: "High-quality development is the primary task of building a socialist modern country in an all-round way." The Central Economic Work Conference held a few days ago put forward: "We must adhere to high-quality development as the last word in the new era." At the theoretical symposium on "Promoting High-quality Development on a New Journey" sponsored by People’s Daily and jiangsu provincial party committee of the Communist Party of China, and hosted by Jiangsu Supreme Leader Socialism with Chinese characteristics Thought Research Center for a New Era and the Propaganda Department of jiangsu provincial party committee of the Communist Party of China, participants thoroughly studied and implemented Socialism with Chinese characteristics Thought of the Supreme Leader in a New Era, and conducted in-depth discussions on the theme of promoting high-quality development on a new journey. Today, a summary of some participants’ speeches is published.

　　— — Editor

　　Promote the high-quality development of the population

　　Ma Jiantang, member of the Standing Committee of Chinese People’s Political Consultative Conference and deputy director of the Economic Committee.

　　China has a population of more than 1.4 billion, and the population problem has always been an overall, long-term and strategic problem facing China. General Secretary of the Supreme Leader pointed out: "Population development is a major event related to the great rejuvenation of the Chinese nation. We must focus on improving the overall quality of the population and support Chinese modernization with high-quality population development." After the founding of New China, China conducted seven population censuses and obtained a large number of detailed demographic data, which played an important role in formulating economic and social development policies and population policies for the party and the state.

　　In recent years, there have been some remarkable changes in China’s population development, not only facing the pressure of large population, but also showing the trend characteristics of declining birthrate, aging and regional population growth and differentiation. Therefore, it is necessary to fully understand and correctly treat the new situation of China’s population development. We should focus on the strategic arrangement of building a strong country and national rejuvenation, improve the population development strategy in the new era, understand, adapt and lead the new normal of population development, focus on improving the overall quality of the population, strive to maintain a moderate fertility level and population size, accelerate the shaping of modern human resources with excellent quality, abundant total quantity, optimized structure and reasonable distribution, and support Chinese modernization with high-quality population development.

　　Optimize the birth policy. Optimizing the birth policy and promoting the long-term balanced development of the population are conducive to improving the population structure, maintaining the endowment advantage of human resources and providing strong support for high-quality development. The Decision of the Central Committee of the Communist Party of China and the State Council on Optimizing the Birth Policy to Promote the Long-term Balanced Development of the Population proposes to build a human assisted reproductive technology service system with balanced supply and demand and reasonable layout; Strengthen the supervision of human assisted reproductive technology services and strictly regulate the application of related technologies. It is necessary to continue to strengthen the protection of maternity insurance for maternity medical expenses and maternity allowances for insured female workers, do a good job in ensuring maternity medical expenses for urban and rural residents insured by medical insurance, and reduce the burden of maternity medical expenses. Strictly implement maternity leave, breastfeeding leave and other systems. Promote the governance of supporting kindergartens in urban communities, continuously improve the coverage rate of inclusive kindergartens, appropriately extend the length of stay in the park or provide custody services, and encourage and support qualified kindergartens to recruit children aged 2 to 3.

　　Expand the population quality dividend. For a long time to come, the basic national conditions of our country with a large population will not be fundamentally changed, and the rich human resources remain our country’s outstanding advantages. At the same time, improving the overall quality of the population and expanding the population quality dividend are important contents to promote the high-quality development of the population. It is necessary to increase the investment in human capital, and strengthen on-the-job training by improving the lifelong vocational skills training system, enhancing the supply capacity of vocational skills training, improving the quality of vocational skills training, and strengthening the standardization of vocational skills training. According to the principles of small-step adjustment, flexible implementation, classified promotion and overall consideration, the legal retirement age will be gradually delayed. Support the re-employment of "silver-haired people", combine a sense of worthiness with a sense of security for the elderly, and explore a flexible employment model suitable for the elderly in schools, hospitals and other units, community domestic service, public place service management and other industries; Encourage all localities to establish an information base for elderly talents, and provide employment introduction, vocational skills training and innovation and entrepreneurship guidance services for the elderly who are willing to work.

　　Develop the cause and industry of providing for the aged. This is conducive to meeting the growing multi-level, high-quality and healthy needs of the elderly. Accelerate the development of a multi-level and multi-pillar old-age insurance system, continuously expand the coverage of basic old-age insurance, realize the national overall planning of basic old-age insurance for enterprise employees as soon as possible, promote and standardize the development of the third pillar old-age insurance, and support commercial insurance institutions to develop commercial old-age insurance and health insurance suitable for the elderly. Consolidate the basic position of family pension, actively develop services such as community pension close to demand, and standardize the development of pension in middle and high-end institutions. Support qualified places to carry out home aging transformation for the families of the elderly, disabled and disabled people who are scattered to support the poor, and equip them with facilities and equipment such as assistive devices and anti-loss devices. Support the research and development and production of old-age equipment and furniture.

　　Promote common prosperity of economy and culture

　　Hong Yinxing, former Party Secretary of Nanjing University.

　　General Secretary of the Supreme Leader pointed out: "Where the culture is developed, the economy is still ahead." Culture and economy blend, promote and complement each other. The regional economy represented by Suzhou and Hangzhou is developed and the culture is prosperous. It is of great significance for us to study the humanistic economics contained in it for promoting the common prosperity of economy and culture and promoting the coordination between material civilization and spiritual civilization in the process of Chinese modernization.

　　Chinese modernization is a modernization in which material civilization and spiritual civilization are in harmony. Material poverty is not socialism, nor is spiritual poverty socialism. Material wealth and spiritual wealth are the fundamental requirements of socialist modernization. Chinese modernization should be rich in material wealth, spiritual wealth and self-confidence in ideology and culture. Chinese civilization has a long history, and the long history of more than 5,000 years has formed a profound cultural heritage and historical accumulation. We are fully qualified to promote high-quality economic development, give full play to the advantages of Chinese excellent traditional culture, promote the creative transformation and innovative development of Chinese excellent traditional culture, develop a national, scientific and popular socialist culture facing modernization, the world and the future, and promote common economic and cultural prosperity.

　　To promote the common prosperity of economy and culture, we should give full play to the supporting role of culture in economic development. The first is to carry forward the entrepreneurial culture that dares to take social responsibility. Entrepreneur culture includes not only innovation culture, but also social responsibility culture. For example, while setting up industry, Zhang Jian actively set up education and social welfare undertakings, benefiting the countryside and helping the masses, which has far-reaching influence and is a model of national entrepreneurs and patriotic entrepreneurs in China. In the process of Chinese-style modernization, it is necessary to carry forward this entrepreneurial culture that dares to assume social responsibilities and cultivate entrepreneurs with feelings of home and country. The second is to carry forward the traditional Chinese virtues. Chinese traditional virtue is the essence of Chinese culture and contains rich ideological and moral resources. It is necessary to strengthen the construction of family education style, promote moral integrity, observe public morality and be strict with private morality, and improve people’s moral standards and civilized quality. The third is to build a business environment of mutual trust. The socialist market economy is a credit economy, and mutual trust is a rare social capital. Carrying forward the culture of honesty and creating a business environment of mutual trust is conducive to improving the efficiency of implementing contract norms, maintaining market order, and thus reducing transaction costs. We should carry forward the culture of honesty and improve the long-term mechanism of honesty and credit construction. The fourth is to promote the modernization of people’s ideas. An important reason why the Chinese nation can stand in the world as the most prosperous and powerful civilization in a long historical period is that Chinese civilization has outstanding innovation. To promote Chinese-style modernization, we need to be brave in innovation on the basis of integrity, break through the obstacles and constraints of traditional ideas, boldly explore in practice, and promote the development of our cause through reform and innovation.

　　To promote the common prosperity of economy and culture, we should increase the supply of culture while promoting economic development, adopt effective economic methods to support cultural prosperity, improve the modern public cultural service system, and launch more excellent works to enhance people’s spiritual strength. We should make full use of modern technological means to show the world a true, three-dimensional and comprehensive China through various cultural carriers such as film and television works, sports brands, books and periodicals, and enhance the spread and influence of Chinese culture. It is necessary to conform to the new round of scientific and technological revolution and the trend of industrial transformation, improve the education system that serves lifelong learning for the whole people, encourage and guide workers to develop a lifelong learning lifestyle, strengthen the endogenous motivation of lifelong learning, strive to bridge the "digital divide", constantly update their knowledge structure, become all-round people, and improve their employability under modern conditions.

　　Strengthening regional coordination to support high-quality development

　　Fan Hengshan, former deputy secretary general of the National Development and Reform Commission.

　　High-quality development is the primary task of building a socialist modern country in an all-round way and the development that embodies the new development concept. Promoting high-quality development is an inevitable requirement to adapt to the changes of major social contradictions in China and solve the problem of insufficient development imbalance. It is necessary to narrow the gap between urban and rural development and form a new type of relationship between workers and peasants, which is mutually reinforcing, complementary, coordinated and prosperous. It is necessary to ensure people’s equal participation and equal development rights and promote the equalization of basic public services.

　　Promoting regional coordinated development is an important part of promoting high-quality development. Promoting regional coordinated development is conducive to gathering and integrating superior resource elements to the maximum extent, realizing collaborative innovation, improving the ability to attack key core technologies, and promoting the upgrading of industrial base and the modernization of industrial chain with powerful scientific and technological innovation; It is conducive to orderly development based on the carrying capacity of resources and environment, promoting coordinated development, integrated protection and linkage management of production and life ecology, optimizing regional economic layout and land space development and protection pattern, and realizing harmonious coexistence between man and nature; It is conducive to unblocking the path of regional cooperation, optimizing the layout of regional opening, giving play to regional comparative advantages, improving the business environment, and making more effective use of domestic and international markets and resources; It is conducive to promoting the complementarity of resource elements between regions, the docking of institutional mechanisms, improving the overall development level of the region, and promoting the full coverage of basic public services across regions and the sharing of development results by the whole people.

　　On the new journey, to promote regional coordinated development, we should thoroughly implement the spirit of the 20th Party Congress, the strategy of regional coordinated development, major regional strategies, the strategy of main functional areas, and the strategy of new urbanization, so as to push regional coordinated development to a new level and present a new atmosphere. The first is to promote special types of areas to overcome difficulties and revitalize development. Pay close attention to some poverty-stricken areas, old revolutionary base areas, border areas, ecologically degraded areas, resource-based areas, old industrial cities, etc., proceed from the reality of these areas, develop characteristic industries according to local conditions, accelerate the construction of a modern industrial system, and at the same time support and guide their services and integrate them into major national strategies to enhance their sustainable development capabilities. The second is to promote the coordinated development of cooperation in administrative border areas. By strengthening the cooperation and linkage between these areas, such as jointly establishing economic zones, promoting the integrated development of important fields, and cooperating in the construction of major projects, we can promote the rational division of labor and complement each other’s advantages. The third is to strengthen the radiation-driven function of urban agglomerations and metropolitan areas to surrounding areas. According to the development level and comparative advantage of each city, further clarify the functional orientation and establish the development focus; Promote the integrated development and coordinated linkage between central cities and surrounding cities, eliminate market barriers and optimize regional division of labor; Carry out unified urban and rural planning and construction to achieve coordinated development of the whole region. The fourth is to improve the institutional arrangements for promoting common prosperity. We will build basic institutional arrangements for the coordination of primary distribution, redistribution and tertiary distribution, increase the proportion of labor remuneration in primary distribution, break the dual structure of urban and rural areas, and improve the system and mechanism of urban-rural integration development.The fifth is to promote the coordinated development of major national regional strategies. Encourage all localities to take the initiative to serve major national strategies, and promote different regions to replicate and apply good institutional measures such as rules, regulations, management and standards through co-construction of characteristic platforms. Sixth, focus on building a more effective new mechanism for regional coordinated development. Further improve the regional planning implementation mechanism and inter-regional interest compensation mechanism, establish and improve the laws and regulations system for regional coordinated development, promote the balance and coordination of interests among regions, and promote the deepening of cooperation and linkage among regions based on complementary advantages and sustainable development.

　　Enlarging beneficial investment and improving total factor productivity

　　Huang Hanquan, Dean of China Macroeconomic Research Institute.

　　To promote China’s economy to achieve effective improvement in quality and reasonable growth in quantity, it is necessary to continuously improve the total factor productivity. The improvement of total factor productivity mainly comes from scientific and technological innovation and efficiency improvement, which needs to rely on investment.

　　China is still in the primary stage of socialism, and it is the largest developing country in the world, and there is much room for investment growth. For example, to seize the opportunity of a new round of scientific and technological revolution and industrial transformation, accelerate the implementation of innovation-driven development strategy, and realize high-level scientific and technological self-reliance, it is necessary to increase investment in scientific and technological innovation; Actively responding to the reconstruction of global industrial chain and building a modern industrial system requires increasing investment in industrial transformation and upgrading; To solve the problem of insufficient development imbalance and improve people’s quality of life, it is necessary to expand investment in social and livelihood areas and strive to improve the level of people’s livelihood services such as education and culture, medical and health care, and care for the elderly; To build a new development pattern, cultivate a complete domestic demand system and form a virtuous circle of mutual promotion between consumption and investment, it is necessary to carry out investment activities around promoting consumption and smooth circulation; Optimizing the layout, structure, function and development mode of infrastructure and building a modern infrastructure system can expand the investment space for high-quality development of infrastructure. To sum up, to achieve high-quality development, it is necessary to give full play to the key role of investment in optimizing the supply structure.

　　At present and in the future, we can focus on the following aspects to find the right investment focus and expand effective investment. The first is to increase innovation-driven investment. Increase investment in disruptive technologies, cutting-edge technologies and key core technologies, expand investment in basic capabilities, promote investment in the construction of major scientific and technological innovation platforms, support investment in strategic emerging industries and future industries, develop new quality productivity, and cultivate new kinetic energy for high-quality development. The second is to increase industrial upgrading investment. Focusing on vigorously promoting new industrialization, grasping the general trend of the development of digital economy and artificial intelligence, and combining the high-end, intelligent and green transformation of traditional industries, we will increase investment in the fields of digital economy, artificial intelligence, green and low carbon, industrial safety, and enhance the resilience, competitiveness and safety level of the industrial chain supply chain. The third is to increase investment in improving people’s livelihood. Adapt to the changes of major social contradictions in China, increase investment in education, culture, health care, care and old-age care, steadily promote the transformation of urban villages in megacities, increase investment in affordable housing, and enhance people’s sense of acquisition, happiness and security. The fourth is to increase consumption-promoting investment, identify the combination point of investment and consumption, increase investment in consumer infrastructure to supplement short-board investment, expand investment in improving consumer service functions, and increase investment in innovative consumption scenarios to achieve positive interaction between investment and consumption. Fifth, increase investment in infrastructure upgrading, adapt to the requirements of China’s socialist modernization, make overall plans to promote the upgrading and upgrading of traditional infrastructure and the construction of new infrastructure, and expand investment in major projects in the fields of transportation, energy and water conservancy.Expand investment in clean energy infrastructure, expand investment in new infrastructure construction, and build a modern infrastructure system.

　　Leading the construction of modern industrial system with scientific and technological innovation

　　Zhao Changwen, Dean of National Development Research Institute of Sun Yat-sen University.

　　Modern industrial system is the material and technical foundation of modern countries. Accelerating the construction of a modern industrial system supported by the real economy is related to whether China can win the strategic initiative in future development and international competition.

　　Building a modern industrial system should be supported by the real economy. Chinese-style modernization can’t be divorced from reality, so we must speed up the construction of a modern industrial system supported by the real economy and provide strong material support for realizing the goal of the second century. It is necessary to promote the transformation and upgrading of traditional industries, continuously enhance their competitiveness, accelerate the development of strategic emerging industries and future industries, foster new development momentum and enhance new competitive advantages. To build a modern industrial system, we need to grasp the wave of new scientific and technological revolutions such as artificial intelligence. Artificial intelligence is an important driving force for the new round of scientific and technological revolution and industrial transformation. It is necessary to seize the opportunity of a new round of scientific and technological revolution and industrial transformation such as artificial intelligence, maintain and enhance the advantages of complete industrial system and strong supporting ability, efficiently gather global innovation elements, promote industrial intelligence, greening and integration, and build a modern industrial system with integrity, advancement and safety. To build a modern industrial system, it is necessary to adapt to the requirements of harmonious coexistence between man and nature. Chinese modernization is the modernization of harmonious coexistence between man and nature, and green is the background of high-quality development. Promoting the overall green and low-carbon economic and social transformation will force green technology progress and industrial upgrading, provide new opportunities for China to cultivate industrial competitive advantages and provide new impetus for China to build a modern industrial system.

　　Science and technology are the primary productive forces, and innovation is the primary driving force. In the fierce international competition, we have to open up new fields and new tracks, shape new development momentum and new advantages, and fundamentally rely on scientific and technological innovation. Building a modern industrial system must be guided by scientific and technological innovation. We must lay a solid foundation for development. Give full play to the advantages of China’s ultra-large-scale market, dilute the cost of scientific and technological innovation, and promote the commercialization and market-oriented application of innovation results faster; Strengthen the construction of new infrastructure to provide solid support for the transformation and application of innovation achievements. We should improve the institutional environment conducive to scientific and technological innovation. Improve the incentive policy for the transformation of achievements, so that scientific and technological personnel can get reasonable returns in innovation activities, reflect the innovation value through the application of achievements, and create wealth through the transformation of achievements; Strengthen financial support for scientific and technological innovation, deepen the structural reform of financial supply side, and promote the improvement of technology and finance’s all-round and multi-level service system including credit, bonds, stocks, insurance, venture capital and financing guarantee. We should actively promote industrial policy innovation. Keep pace with the times, improve industrial policies in the new development stage, strengthen the top-level design of strategic areas, enhance the synergy of industrial policies, and build a long-term mechanism conducive to scientific and technological innovation and modern industrial system construction.

　　Accelerate the realization of high-level science and technology self-reliance and self-improvement

　　Liu Dongmei, Party Secretary of China Academy of Science and Technology Development Strategy

　　Accelerating the realization of high-level scientific and technological self-reliance is the only way to promote high-quality development. Without a solid material and technological foundation, it is impossible to build a socialist modernization power in an all-round way. Judging from the modernization process of major developed countries in the world, innovation has always been an inexhaustible motive force for the development of a country and a nation, and it is the key to improving productivity. Today, the world is experiencing a great change that has never happened in a century. The international system and international order are deeply adjusted, and a new round of scientific and technological revolution and industrial transformation are developing in depth. Strengthening scientific and technological innovation and accelerating the realization of high-level scientific and technological self-reliance can provide new growth space and important support for building a new development pattern and promoting high-quality development.

　　Since the 18th National Congress of the Communist Party of China, under the strong leadership of the CPC Central Committee with the Supreme Leader as the core, China has thoroughly implemented the strategy of innovation-driven development and given full play to the driving role of scientific and technological innovation in economic and social development. Scientific and technological innovation has made historic achievements and entered the ranks of innovative countries. The R&D expenditure intensity of the whole society increased from 1.91% in 2012 to 2.44% in 2021, and the R&D expenditure of the whole society increased from 1.03 trillion yuan to 2.79 trillion yuan. In 2022, the R&D expenditure of the whole society in China exceeded 3 trillion yuan for the first time, and the R&D expenditure intensity reached 2.54%. The total number of R&D personnel has ranked first in the world for many years. In the ranking of global innovation index released by the World Intellectual Property Organization, China rose from 34th to 12th.

　　Taking scientific and technological innovation as the leading factor, accelerating the formation of new quality productive forces and leading the transformation of new technologies into new industries are the practical needs for China to achieve high-quality development. This requires us to actively adapt to the development trend of digital economy, promote comprehensive innovation with scientific and technological innovation as the core, realize high-quality talents, multi-dimensional innovation and strategic emerging industries, and support and lead high-quality development. It is necessary to strengthen the overall development of education, science and technology and talents. Deepen the reform of the education system, promote the close connection between the education system and the demand for scientific and technological talents, and establish a long-term mechanism for high-level research universities, national scientific research institutions and high-level innovative talents to undertake major national scientific and technological tasks. Promote the original innovation, integrated innovation, open innovation, integrated design and effective integration. Guided by the national strategic needs, we will build a synergy mechanism for national strategic scientific and technological forces, actively integrate into the global innovation network, and carry out multi-level and wide-ranging scientific and technological exchanges and cooperation with major innovative countries in the world. Vigorously develop strategic emerging industries and future industries. In the frontier scientific and technological fields such as brain-like intelligence, quantum information, genetic technology and future network, we will organize and implement the future industry incubation and acceleration plan, and plan and lay out a number of future industries.

　　Promote the coordinated transformation of digital and green industries.

　　Wang Shouyang, Director of Prediction Science Research Center of China Academy of Sciences.

　　Promoting the coordinated transformation of digital and green industries is an important trend in the evolution of global industrial structure and an inherent requirement for achieving high-quality development. The first meeting of the 20th Central Financial and Economic Committee emphasized "promoting industrial intelligence, greening and integration, and building a modern industrial system with integrity, advancement and safety", which pointed out the direction for the construction of China’s modern industrial system.

　　To promote the coordinated transformation of industry digitalization and greening, we need to deeply understand the relationship between digitalization and greening. Green development of digital empowerment industry. The wide application of digital technologies such as big data and artificial intelligence can provide strong support for the intelligent and green transformation and upgrading of traditional industries, and improve the efficiency of resource allocation with the flow of data and knowledge; It can promote the innovation of new energy and green technology and help the low-carbon transformation of energy structure. Greening leads the direction of digital development. By using green advanced technology, the infrastructure such as digital sensing facilities, network base station facilities and big data center can be upgraded in a green way, which can realize the optimal utilization of resources and green smart production, and effectively improve the green development level of the industrial system. Promoting the integration of digital technology and green technology, giving full play to the amplification, superposition and multiplication of digital transformation on green development, and promoting the two-way integration of digital technology and green technology with scene application can give birth to new industries, new formats and new models, and promote the organic unity of economic benefits and ecological benefits.

　　To promote the construction of modern industrial system with the integration of digitalization and greening, it is necessary to strengthen the scientific and technological innovation of digitalization and greening, strengthen the basic research of digital technology and green technology, and accelerate the research and development of new technologies with the characteristics of digitalization and greening integration. It is necessary to aim at key areas to promote the integration and development of digital greening, focus on building advanced digital greening industrial clusters, adhere to the digital economy as a key increment of green and low-carbon transformation and development, and incorporate peak carbon dioxide emissions’s carbon neutrality into the overall layout of economic and social development. It is necessary to actively participate in the formulation of digital green international rules, make efforts to promote institutional openness, actively dock high-standard economic and trade rules such as the Digital Economy Partnership Agreement, and strengthen institutional innovation in digital trade, data management, carbon emission data collection, and low-carbon evaluation system. It is necessary to continuously optimize the business environment conducive to the integration and development of digital greening, strengthen the policy guidance for the digital greening transformation of modern agriculture, advanced manufacturing and modern service industries, cultivate a standardized data trading platform, and deepen the "streamline administration, delegate power, strengthen regulation and improve services" reform. It is necessary to build a high-level and multi-level talent training system, formulate a multi-level talent training plan in combination with the demand structure of modern industrial development, deepen the integration of production and education, and build a training system for senior technical talents and outstanding engineers that is compatible with the modern industrial system.

Editor | Yu ‘er Lake

Produced by Chaoqi. com "See the column"

With the acceleration of electrification in China’s automobile industry, the penetration rate of new energy passenger cars has increased year by year in recent years. In order to seize the opportunity of new energy market, many established car companies have launched new products of new energy vehicles, and deep blue car is one of them. Deep Blue Automobile, formerly known as Changan Deep Blue, is a new energy automobile brand launched by Changan Automobile in April 2022.

Backed by Changan Automobile, Deep Blue brand has performed well since it came out. Although it just turned one year old, the brand has already enjoyed the title of "New Energy Dark Horse" in the industry. However, the highlight of the dark blue brand came and went quickly, and soon received many complaints about quality problems. The operation of price increase and price reduction also caused many doubts, and the sales volume declined, and the brand development went downhill.

In March of this year, Changan Deep Blue officially changed its name to Deep Blue Automobile. It seems that there is a plan to operate the brand independently, which has once again sparked heated discussion. From the "new energy dark horse" to the dilemma that word-of-mouth and sales are frustrated now, I am afraid that the life of the dark blue car after self-reliance will be even worse. Nowadays, the new energy automobile industry is becoming more and more involved, and it will take time to give an answer to the future development of Deep Blue Automobile.

Prices rose first and then fell, and the public opinion storm was difficult to solve.

In recent years, the new energy automobile industry has developed rapidly, and there are many entrants. Different from other companies, Changan Automobile, as an old car company, always maintained a wait-and-see attitude. Until 2022, Changan Automobile, which had been dormant for several years, launched a brand new intelligent new energy car brand "Changan Deep Blue", and immediately launched the first production car product "Changan Deep Blue SL03".

The deep blue SL03, which had high hopes, made outstanding achievements at the beginning of listing. With the price-performance ratio advantage of only 160,000 yuan, this model quickly gained the favor of many consumers. Unfortunately, the good performance of Deep Blue SL03 was not maintained, and it soon fell into a public opinion storm due to frequent price adjustment.

At present, the price of raw materials for power batteries is rising, the cost of batteries for new energy vehicles is gradually increasing, and with the arrival of subsidies for new energy vehicles in China in 2023, the profit margin of low-priced new energy vehicle products is greatly reduced. To this end, in January, 2023, the official price of Deep Blue SL03 extended-range model and pure electric model was raised by 3,000 to 6,000 yuan.

The rising price makes Deep Blue SL03 lose its cost-effective advantage to some extent, which leads to the loss of some consumers. As a result, the sales volume of Deep Blue Automobile also fell by more than 30% after the price rose, and once became the only automobile brand in the new energy automobile market with a decline in sales volume in early 2023.

However, soon Tesla, Tucki, Wenjie and other new energy automobile brands launched a wave of new energy price reduction, and then more than 40 brands in China joined the price war of new energy vehicles. At that time, the situation of the dark blue car that had just risen in price became very embarrassing. In order not to be left behind by other brands, Deep Blue Automobile reduced its price again. In mid-March this year, it launched a 20,000-yuan car purchase package and a 22,000-yuan car purchase subsidy.

The magic operation of the official announcement of the price increase and then the price reduction of Deep Blue Auto has caused a lot of consumer dissatisfaction. Among them, the old owners of Deep Blue SL03, who bought deep blue automobile products at a high price and have not received any compensation, launched a large-scale questioning and spit, pointing out that Deep Blue automobile is treating consumers as "leeks". For a while, the deep blue car cut leeks, and a large number of old users took off the powder, and the brand reputation was greatly frustrated.

In fact, the operation that the price of deep blue car rises first and then falls not only makes the brand fall into a storm of public opinion, but also lays a lot of hidden worries for the subsequent development of the brand. Insiders pointed out that the official price reduction of Deep Blue Automobile can really attract consumers’ attention in a short time, but the unstable price will lead consumers to have a wait-and-see mentality, which will have a counterproductive effect on brand sales. At the same time, under the subsidy, the profit margin of the products of Deep Blue Auto has been compressed again, and the price war is still going on. The road of Deep Blue Auto will only be more difficult in the future.

For a new brand like Deep Blue Auto, which has just been established for one year, brand reputation is very important. The price rising first and then falling has caused a lot of public opinion, which has caused the decline of brand reputation. In the future, how to stabilize the brand image and maintain the brand reputation is a problem that Deep Blue Automobile should consider as soon as possible.

Quality complaints continue, product quality control is worrying.

The product quality of new energy automobile brands has always been a hot topic of widespread concern inside and outside the industry. Recently, due to the quality problems of its products, Deep Blue Auto was complained by new and old users on a large scale and embarked on the road of "black and red".

As of the beginning of June, the number of complaints about the term "Chang ‘an Deep Blue" on the platform of Black Cat Automobile has exceeded 300. Just two months after the brand was renamed, the cumulative number of complaints from Deep Blue Auto has reached 292, ranking first in the quarterly list of black cars on the black cat complaint platform.

Judging from the accounts of car owners on the complaint platform, the main problems of Deep Blue car are not only consumer dissatisfaction caused by frequent price adjustment, but also vehicle failures such as brake failure, steering failure and limited power, as well as driving experience problems such as seat pressure sensing failure, abnormal car body noise and seat bulging.

In March of this year, the owners of Deep Blue Automobile directly carried out collective rights protection against the main problems existing in Deep Blue Automobile, and the whole network published an article entitled "A Letter from the Owners of Changan Deep Blue SL03 to Changan Automobile". In this paper, the frequent problems of vehicle failures are discussed in detail, and it is pointed out that all kinds of failures of deep blue automobile have seriously affected the driving safety and driving experience of the owners, and there are certain safety hazards.

It can be seen that the quality problems of deep blue cars have a long history, which has led to the collapse of the trust of many consumers. At the same time, many car owners said that the hardware configuration of Deep Blue car was inconsistent with the official propaganda. The hardware configuration of Deep Blue SL03 model was reduced from "12G+128G" to "8G storage +64G flash memory", and the car battery was not the Contemporary Amperex Technology Co., Limited battery in the official propaganda. In terms of battery life, the official electric version of Deep Blue Automobile has a battery life of 515km, but actually it is only 420km, which is suspected of being a virtual standard.

What makes consumers even more chilling is that in the case of frequent product failures and inconsistent publicity, the after-sales service of Deep Blue Auto can’t keep up. On all platforms, complaints about "poor after-sales attitude", "unprofessional", "delay in delivery" and "deposit dispute" of Deep Blue Auto appear constantly.

In fact, behind frequent failures and constant complaints, the problem of poor quality control of deep blue automobile products has begun to surface. Nowadays, the competition in the new energy vehicle market is very fierce. Ensuring the quality of products and providing high-quality services has become the key to the competition among vehicle enterprises. If Deep Blue does not strengthen quality control management in time, I am afraid that the brand will gradually lose its ability to retain customers, and even affect the future value trend of the brand.

Sales have fallen sharply, and the challenge of brand name change is great.

At the beginning of June, Deep Blue Auto took the lead in releasing the May brand sales report. The data shows that in May, the cumulative sales volume of the deep blue SL03 model was 7021 units, down about 10% from the previous month. In fact, this is the fourth time that the sales of deep blue cars have declined month-on-month.

As a new energy automobile brand that Changan Automobile has been grinding for five years, the first model of Deep Blue Automobile was once called "the Pearl of Shangri-La Crown". In the early days, deep blue cars did achieve good sales. Not only did the order break through 10,000 within one hour of launch, but by the third quarter of 2022, its order volume had exceeded 40,000 vehicles. In December last year, the monthly sales volume of Deep Blue Auto remained at more than 10,000 vehicles.

However, due to the price increase and price reduction of brands and the outbreak of consumer collective rights protection events, the sales of Deep Blue Automobile have continued to decline since 2023. The data shows that in January this year, the monthly sales volume of Deep Blue Automobile was 6,137 vehicles, a decrease of 47.3% compared with 11,650 vehicles in December 2022. The monthly sales in February continued to decline, only 4,103 vehicles, down 33.1% from the previous month.

In March, after the introduction of price reduction subsidies by Deep Blue Automobile, brand sales picked up slightly, increasing to 85.68 million units. However, the sales growth brought by the price reduction is undoubtedly only a flash in the pan. From April to May, the sales of Deep Blue cars continued to decline. According to statistics, at present, the cumulative sales volume of Deep Blue has not exceeded 40,000, which is far from the "400,000 sales target" set at the beginning of the year.

The dark blue car, which has just turned one year old, seems to have shown signs of development fatigue. In response to this phenomenon, industry insiders said that the development trend of Deep Blue Automobile is mainly related to the competition in the new energy automobile industry.

On the one hand, the price war in the domestic new energy vehicle market is endless, and the participation of young deep blue cars in price reduction activities has greatly damaged the brand reputation. On the other hand, compared with joint ventures and industry leaders, the quality, driving experience and reputation of Deep Blue are slightly inferior, and it has not yet formed the core competitiveness of the market, so it is under great pressure to survive.

Surprisingly, when the brand was established less than a year ago, Deep Blue Automobile also changed the original "Changan Deep Blue" signboard and renamed the brand. Experts speculate that Deep Blue Automobile may plan to be spun off from Changan to become an independent automobile brand, or it may be related to the collapse of previous brand reputation. Generally speaking, the development trend of the renamed deep blue car is full of unknowns.

Glamour came out, but the succession was weak, and the market performance of Deep Blue Automobile was really unsatisfactory. The involution of the new energy vehicle market is still intensifying, and Deep Blue will face more challenges in the future.

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In any case, the new energy vehicle market is still a battleground for the automobile industry, with a large development space. We also believe that the dark blue car with a bright start has good development potential. However, at present, Deep Blue Auto is still facing problems such as constant public opinion turmoil, frequent quality problems, and continuous decline in sales, which is a great pressure.

As a new entrant in the new energy market, Deep Blue Automobile faces both challenges and opportunities. If you want to gain a foothold in the new energy car track, the young deep blue car will face a protracted war. I hope that Deep Blue Automobile can withstand the development pressure, realize the brand development vision as soon as possible, and bring more possibilities to China’s new energy automobile industry.