On January 1st, 2020, China adjusted import tariffs on some commodities.

On January 1st, 2020, China adjusted import tariffs on some commodities.
Expanding imports, people choose more.

In order to actively expand imports, stimulate import potential and optimize import structure, China will implement a provisional import tax rate lower than the MFN rate for more than 850 commodities from January 1, 2020.

Among the four types of tax rates involved in this tariff adjustment plan, the most-favored-nation tax rate, agreed tax rate and preferential tax rate are implemented step by step according to the multilateral tariff agreements and trade preferential arrangements that have entered into force. The provisional tax rate adjustment is implemented according to the needs of domestic development.

What impact does this tariff adjustment have on residents’ lives and the development of related industries and industries? What role does it play in promoting China’s opening up? The reporter interviewed relevant experts and scholars.

Promote a higher level of opening up.

According to the negotiation results of expanding the product range of information technology agreements under the WTO framework, on July 1, 2020, China implemented the fifth step of reducing the MFN tax rate of some information technology products.

Experts said that in December 2015, 24 WTO members, including China, the United States, Europe, Japan and South Korea, reached an agreement on expanding the product range of the Information Technology Agreement, and gradually canceled the import tariffs on 201 information technology expanded products according to the most-favored-nation treatment principle. These products mainly include information and communication products, semiconductors and their production equipment, audio-visual products, medical devices, instruments and meters, etc. The annual global trade volume is about 1.3 trillion US dollars, and the trade volume of these products in China accounts for about a quarter of the world. From September 2016 to July 2019, China has successively implemented four steps of tax reduction according to the agreement. The fifth step of tax reduction involves 176 products. After the tax reduction, the tax rate of most products has been lower, for example, the tax rate of rangefinders has been reduced from 3% to 1.5%, and the tax rate of color B-ultrasound has been reduced from 2.5% to 1.9%.

Experts said that the smooth implementation of this achievement will help Chinese enterprises using information technology products to reduce costs, improve production efficiency and move towards high-end industries, and will also effectively promote the development of global trade, investment and information technology.

According to the free trade agreements or preferential trade arrangements signed between China and relevant countries or regions, in 2020, China will continue to implement the agreed tax rate on some commodities originating in 23 countries or regions. Among them, the free trade agreements between China and New Zealand, Peru, Costa Rica, Switzerland, Iceland, Singapore, Australia, South Korea, Georgia, Chile and Pakistan and the Asia-Pacific Trade Agreement have been further reduced.

Experts said that on December 1, 2019, the second phase protocol of the China-Pakistan Free Trade Agreement came into effect, and the tariff concessions will be implemented from January 1, 2020. This is not only an important measure to implement the consensus of the leaders of the two countries and further enrich and enrich the all-weather strategic partnership between China and Pakistan, but also a vivid practice to promote the construction of the Belt and Road Initiative and build a community of human destiny.

The preferential tariff rate involved in this tariff adjustment refers to the tax rate applied to unilaterally give special preferential tariff treatment to the least developed countries concerned. In 2020, except for Equatorial Guinea, which graduated from the least developed countries for three years and stopped enjoying preferential treatment, other least developed countries that have established diplomatic relations with China and completed the exchange of letters will continue to enjoy preferential zero-tariff treatment.

Better meet the needs of people’s lives

The provisional import tax adjustment in 2020 will appropriately reduce the tariffs on some consumer goods to better meet people’s living needs.

First, the provisional import tax rate for frozen pork is reduced from the current 12% to 8%, aiming at promoting the domestic pork market to increase supply. At the same time, in order to support the domestic pig industry to resume production, in 2020, we will continue to implement zero tariffs on miscellaneous meals involving 10 tax items.

The second is to implement zero tariffs on some drugs and APIs to further reduce the drug burden of patients with chronic diseases.

In this tentative tax rate adjustment plan, zero tariffs will be imposed on drugs for treating asthma and raw materials for producing new diabetes drugs, such as Engelgin, Liggliptin and Vigliptin. Experts said that at present, COPD has become a chronic disease equivalent to hypertension and diabetes, and the demand for drugs is increasing. Implementing zero tariffs on these drugs and APIs can reduce the burden of patients.

The third is to reduce the import tariffs on some fruits and juices, and further enrich the people’s dining tables.

From 2016 to 2018, China’s provisional import tax rate on fresh avocados was reduced to 7% twice. From 2020, the import tariff rate of frozen avocados will be reduced from 30% to 7%, which is consistent with the tax rate of fresh avocados, enriching the varieties of imported avocados in the domestic market.

From 2020, China will reduce the import tariff of large packaged non-frozen orange juice from 30% to 15%. According to industry insiders, this adjustment not only considers reducing the production cost of beverage enterprises, but also takes into account the development of domestic fruit planting industry.

Boost high-quality economic development

Appropriately reduce import tariffs on advanced technologies, equipment, spare parts and raw materials, and promote high-quality economic development. In 2020, the tariffs on products such as semiconductor testing sorting and braiding machine, ferroniobium, hydraulic torque converter and aluminum valve core for automatic transmission of some motor vehicles, dispersion liquid for photoresist and culture medium will be reduced. Experts pointed out that the implementation of the provisional tax rate for these products is conducive to the development of high-tech industries such as integrated circuits, aerospace, automobiles, communications, electronics and biology, and helps the transformation and upgrading of related industries.

Wu Songquan, chief expert of China Automotive Technology and Research Center, believes that hydraulic torque converter and high-precision aluminum valve core are key core components of automotive automatic transmission, but there is a big quality gap between domestic products and similar foreign products at present, and the whole industry still has to rely heavily on imports. The implementation of the provisional tax rate on the import of these two auto parts can reduce the import cost, help reduce the price of domestic automatic transmissions and improve market competitiveness. "The implementation of the provisional tax rate has also sent a clear signal that the state will adopt various means including tariffs to promote the transformation and upgrading of the automobile industry and high-quality development." Wu Songquan said.

Culture medium is an important raw material for the development of biomedicine, and antibody biopharmaceuticals produced by culture medium have special effects on the treatment of major diseases such as tumors. After the implementation of the universal two-child policy in China, residents’ demand for assisted reproductive media has also increased rapidly. Experts said that because the domestic production technology is still immature, the current culture medium mainly depends on imports. Reducing the import tariff of culture medium from 3% to 2% from 2020 will be beneficial to drug innovation and biotechnology development in China.

Protect the environment, reduce import tariffs on some wood and paper products, and cancel the provisional import tax rate on solid waste and broken materials. From 2020, China will set a provisional import tax rate for more than 150 kinds of wood and paper products, which will be reduced from about 5.3% to about 3.2%, involving fiberboard, plywood, particleboard, wood floor, cork products, corrugated base paper and kraft paper.

Experts pointed out that wood and paper products are renewable resource products, which consume energy and water in the processing process, and are prone to dust and other problems, polluting the environment. Due to the rapid development of express delivery industry, the demand for packaging materials for paper products in China has soared in recent years. Setting a tentative tax rate is conducive to saving domestic timber resources, protecting the environment, introducing foreign products, making the domestic market more competitive, and promoting the transformation and upgrading of domestic forest products and paper industry.

At the same time, in order to protect the safety of ecological environment and people’s health, since January 1, 2020, China has deleted tungsten scrap and niobium scrap from the scope of application of the current provisional import tax rate. After the cancellation, the import tax rate of these two kinds of goods has increased from 1% to 3%. (Reporter Qu Zhehan)

Craftsman Spirit and Supply-side Reform: An Interview with Zhong Jihe, Chairman of Jiangsu Haixun Group

  CCTV News:For any country in the world, the fate of manufacturing industry has a profound impact on the overall appearance and process of social and economic development.

  With the arrival of the new normal of China’s economy, China’s manufacturing industry has been in a dilemma for a time: on the one hand, nearly 1.4 billion people have brought a huge consumer market; On the other hand, it is difficult for China’s manufacturing industry to produce high-end products with market competitiveness, such as Japanese toilet seats, Australian milk powder and Korean cosmetics … … Consumers have flocked abroad to sweep the goods.

  In the past 30 years, China’s manufacturing industry has developed rapidly and on a large scale, but the overall quality is not high. Short-term demand can be met, but long-term supply capacity is not enough. With the low-cost advantage of China’s economic development and the gradual disappearance of demographic dividend, as well as the rapid development of e-commerce economy, China’s manufacturing industry has encountered the double attack of weak endogenous growth and external Internet impact, and the supply-side reform, transformation and upgrading of manufacturing industry are waiting for us.

  In Hai ‘an, Jiangsu Province, a representative manufacturing enterprise that upholds the spirit of artisans and has been deeply involved in manufacturing for 30 years — — Haixun Group, under the leadership of "parent" Zhong Jihe, keeps pace with the times and is determined to reform, transform and upgrade, which is a model for the exploration of supply-side reform in manufacturing industry. A few days ago, with the opportunity of its 30th anniversary, Haixun Group, Nantong Daily, Hai ‘an County Development and Reform Commission and Xinhuanet Jiangsu jointly held the "Supply-side Reform and Craftsman Spirit Summit Forum and the 30th Anniversary Celebration of Haixun Group", which shared its own experience and thinking in the transformation and upgrading of manufacturing industry. It was full of dry goods and inspired a lot.

  When talking about the experience and original intention of reform, Zhong Jihe, chairman of Haixun Group, said: Haixun has kept the initial intention of manufacturing enterprises for 30 years, constantly innovating manufacturing processes, improving manufacturing standards and upgrading manufacturing technology and knowledge with the spirit of artisans; At the same time, the development of manufacturing industry should be good at fake things, stay young, use internet tools to improve manufacturing efficiency, improve technology and stimulate innovation; In addition, Haixun relies on the power of finance to incite transformation and upgrading, take advantage of the trend, integrate industrial and financial resources, and build a business incubation platform with capital as a link.

  Work hard and be determined to reform

  Zhong Jihe was a veteran, joined the army in 1978, served as monitor and acting platoon leader, and was awarded seven times in five years. After being admitted to a military academy, he returned to his hometown due to illness. For the sake of living, he opened a small shop and did a small business of providing oil, salt, sauce and vinegar services for his neighbors. In 1986, he first entered the then No.3 Rubber Factory in Hai ‘an County (predecessor of Haixun Group) as a supply and marketing clerk. At that time, there were only a dozen workers in the rubber factory, with an annual output value of several hundred thousand yuan, and the profit was always "carrying a pole" — — Loss. Six months after entering the factory, Zhong Jihe became the director of the rubber factory and took on the responsibility of "supporting the family". In order to save costs, he personally delivered the goods and unloaded the goods. In the meantime, in order to let customers know more about their products, so as to enter the elevator industry and turn losses into profits, he once walked from Lugouqiao for four hours to Shen’s customer’s home in Beijing, waited outside the door for more than an hour, and finally impressed customers with sincerity and interpreted a story of "Shen Men Li Shuang".

  Regarding reform, Zhong Jihe said: "The so-called transformation and upgrading, as well as the supply-side reform that everyone is talking about, is actually a constant self-denial. Only by constantly learning can we constantly deny ourselves. Only by constantly self-denying, enterprises will have innovation. "

  In the development of Haixun, Zhong Jihe led four extremely important "self-denial": for the first time, in 1992, he was the first in the county to implement the reform of joint-stock cooperative system, so that employees could truly become the owners of enterprises; The second time, in 1994, a joint venture with China Schindler entered the elevator accessories industry, which enabled the enterprise to enter the fast lane of development; The third time, in 1997, the equity transfer was implemented, and the nature of the enterprise changed to private ownership; For the fourth time, in 2004, Nantong Haixun Treca Elevator Products Co., Ltd. was established in a joint venture with Treca, USA, laying a solid foundation for elevator accessories products to enter the world market.

  In 1992, Zhongjihe took the lead in carrying out the reform of the joint-stock cooperative system. The new mechanism worked well at first, but soon the problem came: because the government and social legal persons did not understand the enterprise and the market, holding the board meeting not only delayed the decision-making of the enterprise, but also missed the opportunity when implementing it. After discovering the defects of the joint-stock system, Zhong Jihe made up his mind to acquire government shares and social legal person shares through equity transfer and set up a real private enterprise. This is to deny yourself in the operation mechanism of the enterprise.

  Haixun has also found development breakthroughs in the market and products through continuous denial. From the beginning to make bicycle accessories and leather shoes soles, to make triangle belts and elevator accessories later; However, when the sales situation of elevator accessories was very good, it was found that the market for this kind of products was small, so it was transformed to produce railway equipment, and then entered the fields of nano-new materials and ecological energy. All these are of great strategic significance to Haixun’s industrial innovation.

  In addition, we constantly deny ourselves in management. With the development of the enterprise, Zhong Jihe has continuously entered famous universities such as Tsinghua, Peking University, People’s Congress, Fudan University and Nanda University, including Taiwan Province University, and integrated his study into his daily life and work, learning with the problems of the enterprise, and applying the learned knowledge to enterprise management in time.

  Under the leadership of Zhongjihe, the enterprise has carried out step-by-step operations such as merger, cooperation and joint venture, and established a series of wholly-owned, holding and shareholding subsidiaries, eventually forming a group operation mechanism. In 30 years, Zhongjihe developed a small factory from a hometown into a large group enterprise involved in elevator parts, railway equipment, financial services, agricultural services and ecological energy by relying on technological innovation and management innovation. Today, Haixun has developed into a large industrial group with total assets of more than 2 billion yuan and more than 1,000 employees, with branches in Beijing, Hunan, Hubei, Anhui, Guangdong and Guangxi.

  Scientific and technological innovation, talent-oriented

  Thirty years ago, Haixun, a humble factory building, and a rubber vulcanizer heated by coal were backward in technology and hard to say. The office is less than 30 square meters, and several people share a desk, so the business operation is struggling. However, in the subsequent development, thanks to Zhongjihe’s spirit of reform and innovation, Haixun continued to enter the emerging market field by relying on scientific and technological innovation.

  In 1994, Zhongjie entered the elevator accessories industry and made a joint venture with China Schindler Elevator to promote Haixun to enter the elevator industry; In 2004, Haixun established a joint venture with Treca Company, a world-renowned elevator company, which opened the way for elevator accessories to enter the international market. In 2005, we began to explore Beijing and Tianjin markets, and at the same time cooperated with Hebei University of Technology to enter the field of nano-materials. In 2007, the Railway Equipment Group was established, with "making railway equipment bigger" as the strategic focus. The enterprise has successively won a number of manufacturing licenses, becoming one of the enterprises with the most CCRC certification and manufacturing licenses in the railway parts industry; In 2010, Haixun expanded its factory in Hai ‘an Development Zone and started the production project of complete rail transit system. In 2014, he entered the power industry and became a shareholder in Leon Ecological Energy Co., Ltd..

  Scientific and technological innovation is based on talents. Zhong Jihe has a point of view: enterprises are raising depreciation expenses every year, but the real depreciation is people, not their knowledge. To this end, Zhong Jihe has jointly organized "training courses" with Shanghai Fudan School of Management and Nanda Business School; At the same time, with the help of external brain to help scientific and technological innovation, we have successively carried out Industry-University-Research activities with Qingdao University of Science and Technology, Hebei University of Technology, Shanghai Jiaotong University and Tianjin University, which not only realized the landing of scientific research achievements, but also enhanced Haixun’s core scientific and technological competitiveness.

  In the tide of Industry 4.0, Haixun Group increased R&D investment, pursued scientific and technological innovation, and completed the transformation and upgrading of the group from components to end products through technical transformation and project grafting. "internet plus Railway Equipment" and "internet plus Elevator Parts" participate in the "Belt and Road", integrate into the construction of smart cities, and expand sales; Replace people with machines, fully implement automation transformation and digital factory construction, set up enterprise research institutes, and carry out in-depth cooperation in Industry-University-Research.

  Governing enterprises with Confucianism is deeply rooted in morality.

  Industry, agriculture, commerce, learning, and the military have rich experience. Although they are from the military, they are full of literati in their bones. They are especially good at reading and writing after management. He covers a wide range of fields, including literature, history, philosophy, Confucianism, Taoism, Buddhism, biographies, education, business management and so on, with a personal collection of more than 5,000 volumes, and is especially fond of classical works such as Confucius, Mencius and Zhuangzi. In addition, in order to enrich employees’ spare-time cultural life, he also cooperated with Hai ‘an County Library to establish "Haixun Library", providing more than 3,000 books for employees to borrow.

  After reading, Zhong Jihe is diligent in writing. He has published nearly 200 essays in Yuhua, Jiangsu Prose, Jianghai Evening News, Yuedu and other newspapers and periodicals, and successively published essays such as Dreams Fly, Men’s Feelings, Flowers Smile, Unintentionally Leaving Traces, Dancing with the Wind, and Enterprise Management Anthology, Career Answers. His book "Building a Cultural System Based on Enhancing the Core Competitiveness of Enterprises" won the second prize in the paper appraisal of "Enterprise Reform and Management" in Jiangsu Province. Because of his fruitful literary creation, he joined Jiangsu Writers Association and China Prose Society, and was elected as the vice chairman of Hai ‘an Writers Association and Nantong Writers Association, and joined Jiangsu Writers Association, China Prose Society and Deputy Secretary General of Jiangsu Prose Society.

  Zhong Jihe attaches great importance to drawing nutrition from traditional culture. "The most influential factor in corporate culture is people, people based on historical and cultural traditions, people based on the development of industrial enterprises, and people based on the trend of social times." Talent is the foundation of enterprise development, and enterprise cohesion depends on enterprise culture. Enterprise development "depends not only on hardship, technology, equipment, market and opportunity, but also on enterprise culture".

  "Culture is a value, and values are a ruler. If you don’t have a common language, you can’t have a common standard for judging things if you speak with a different accent. With corporate culture, employees have a common standard for judging right and wrong. " In this regard, Zhong Jihe launched employee discussions at the beginning of the factory to refine the entrepreneurial spirit — — "Family culture". Inspired by this, Haixun Group has formed a corporate culture atmosphere of hard-working, hard struggle, prohibition and vigorous action, keeping pace with the times, paying attention to learning, taking the lead by leaders and dedicating all staff in the course of 30 years’ development.

  Haixun’s "home" culture is not only a signboard, but also a golden key to unite people and go to the market. Its purpose is to let employees think of responsibility when they see "home"; Let customers feel warm when they see "home" This is the most basic core of the spirit of "home".

  Craftsman spirit, precision work and wisdom.

  Zhong Jihe said: "If you are too impetuous, you can’t do a good job in the manufacturing industry. The manufacturing industry needs innovation, but you must know how to be clumsy. Haixun will continue to be a craftsman in the manufacturing industry." "Many companies want to transform, but they don’t know where to turn. My experience is that if you consider doing something, firstly, it is worth doing, secondly, someone will do it, and thirdly, I have the ability to do it. Only when you have all three can you do it, and you can do it without one. Haixun has been doing what he is familiar with in recent years. Such as real estate, we have never touched it. Whether it is diversification now or transformation to large agriculture in the future, it is still connected internally. " "I still hope to be able to do things in a down-to-earth manner and do a good job in the long run. Do what you can, and you won’t regret it in life. "

  Strictly demanding and consistent on quality; Be brave in exploring and actively improving technological innovation. The craftsman spirit flows in the blood of every Haixun person. Craftsman spirit is to focus on all aspects of production with the attitude of craftsman, and to pursue perfection and Excellence in quality. This is the cultural guarantee for the success of supply-side reform.

  Thanks to the creative team with innovative consciousness and perseverance, Haixun Group has successively won 25 patents for utility models and 16 patents for inventions, among which dozens of products have been listed as national torch plan, excellent new products, high-tech products in Jiangsu Province and key new products in Jiangsu Province. In 2016, Haixun Group continued to promote industrial upgrading and transformation and actively adjusted its corporate strategy; Through multidimensional integration, the industrial layout involves six major sectors, including railways, elevators, chemicals, finance, ecological energy and agricultural machinery. Zhong Jihe, chairman of Haixun Group, said: In the future, Haixun will focus on the diversified development of "craftsman Haixun, technology Haixun, industry and finance Haixun, and ecological Haixun". Relying on the blessing of financial power, Haixun in the future will become an incubator platform for listed companies and build an industrial cluster of Haixun. We expect Haixun Group to create brilliant achievements in the next 30 years. Hai Xun starts again, Hai Xun is on his way.

GAC Passenger Car – Trumpchi E9: A New Benchmark for Plug-in Hybrid MPV

In the field of new energy vehicles, the Trumpchi E9 launched by GAC passenger cars is like a fresh wind, bringing a new choice to the MPV market. As a plug-in hybrid model, the Trumpchi E9 not only combines the battery life advantages of fuel vehicles and the environmental protection characteristics of electric vehicles, but also becomes a new benchmark in the MPV market with its excellent performance and luxurious configuration.

The size of the Trumpchi E9 is 5193mm long, 1893mm wide and 1823mm high, with a wheelbase of 3070mm, and the spacious interior space provides passengers with a comfortable ride experience. Its exterior design is stylish and atmospheric, and the front face features a semi-enclosed grille composed of six individual chrome trims. With sickle-shaped headlights and through-the-line LED light strips, it creates a strong sense of technology and recognition.

In terms of power, the Trumpchi E9 is equipped with the only 2.0T hybrid special engine in the same class, matching the GMC400 hybrid special gearbox pioneered by GAC, achieving a perfect balance between strong power and fuel economy. The maximum power of the engine is 140kW, the maximum power of the motor is 134kW, the comprehensive maximum power of the system is up to 274kW, and the acceleration of 100 kilometers only takes 8.8 seconds.

At the same time, the Trumpchi E9 is also equipped with a 25.57kWh magazine battery, with a pure electric battery life of 136km under CLTC conditions and a comprehensive battery life of 1032km, meeting the diverse travel needs of users.

In terms of interior, the Trumpchi E9 also lives up to its reputation for luxury. The cabin adopts an environmentally friendly design, and a lot of soft materials are used in the car, which is wrapped and soft to the touch. The central control area is equipped with three large screens, including a 14.6-inch central control screen, a co-pilot entertainment screen, and a 12.3-inch LCD instrument panel, which is full of technology. The seats are equipped with a seven-seat layout of 2 + 2 + 3, and the second row of seats is equipped with independent armrests, leg rests, and functions such as heating, ventilation, and massage, providing passengers with the ultimate comfort and experience.

To sum up, GAC passenger car – Trumpchi E9 has become a shining star in the MPV market with its excellent performance, luxurious configuration and environmentally friendly characteristics. Whether it is family travel or business reception, Trumpchi E9 can meet the diverse needs of users with excellent performance.

Test drive the all-new Audi Q5L: adding more than just the wheelbase


The new Audi Q5L has attracted much attention. Photo by Sun Xiaomeng, a reporter from Beijing News

  ■ Car reading test drive

  

  Starting from the Q7, Audi began to use the design of the new generation of models. On July 6, Beijing News reporters participated in the new Audi Q5L media test drive event held by FAW-Volkswagen Audi in Guizhou. The new Audi Q5L after this "lengthened" has become full and mature in visual effect through the improvement of the front details. The larger hexagonal middle net and the complex and eye-catching headlight design all show the unique design language of Audi models, and the longer wheelbase enhances its market competitiveness.

  The wheelbase is lengthened and the space is increased.

  The new generation of Audi Q5L still has obvious Audi Q-series genes in its exterior design, with a large 3D aluminum intake grille and intelligent matrix headlights, expressing the Audi family’s expertise in technology.

  The new car also lengthens the wheelbase by 88mm to 2908mm, and the lengthened part is concentrated in the rear row space, which has certain advantages in the same class.

  In the rear part, the new Q5L is familiar with the previous generation of models, especially the outline of the taillights and the "clam shell" overall hatchback tailgate that continues to be used. The Beijing News reporter noticed that the "exhaust" under the bumper of the new car is only decorative, and the real double exhaust port is located on the underside of the bumper. This has become a common feature of many Audi models, and even the SQ5 has not been spared the "fake exhaust".

  In-car technology configuration improvement

  The interior texture of the new Q5L has improved. The center console shape is not fancy, simple and practical, and the technology configuration in the car has been improved synchronously.

  During the test drive, the Beijing News reporter noticed that the Q5L is equipped with a 12.3-inch full-LCD instrument and the latest MMI multimedia system with an 8.3-inch central control screen, which can provide LTE 4G network, Wi-Fi network hotspot functions, and more.

  In the high-end model, the Q5L also has more features to enhance the sense of luxury, such as the Danish Bang & Olufsen sound system, HUD head-up display system, and automatic parking.

  Fast dynamic response

  The new Q5L is equipped with the same power unit as the new A4L, namely two different power-tuned 2.0T turbocharged engines. The maximum output of the 40 TFSI model is 140 kW, and the maximum output of the 45 TFSI model is 185 kW.

  The new car is equipped with a 7-speed dual-clutch transmission code-named DL382, replacing the 8-speed automatic transmission of the old model. It is worth noting that the new car is equipped with a new quattro ultra four-wheel drive system, which eliminates the central Torson differential on the old model and replaces it with an electronically controlled multi-disc clutch. This change changes the all-wheel drive of the new Audi Q5L to a timely four-wheel drive dominated by the previous drive.

  No matter what mode, when the reporter of the Beijing News stepped on the accelerator deeply, he could feel that its power output was very strong. If it was not for the pursuit of "speed and passion", the power would definitely be sufficient.

  Sun Xiaomeng, reporter of Beijing News

Haval second generation big dog Hi4 version officially listed: price 179,800 yuan

Haval’s second-generation big dog Hi4 version (2024 models) has been officially launched.

There is only one version of the new model, priced at 179,800 yuan.

The Hi4 version has the same body size as the old model, still 4705 * 1908 * 1780 mm, and the wheelbase is 2810 mm. The upgrade of this version is mainly on the drive platform. The old model uses Haval’s first-generation 2DHT plug-in hybrid technology, which is the front front drive. The new Hi4 is a three-engine four-wheel drive, and the driving experience will naturally change. The four-wheel drive also has a certain light off-road capability. Its standard is the same as that of the Haval Xiaolong MAX and Haval Raptors.

So it is understandable that the price of the second-generation big dog Hi4 version is higher than that of the old model, and the price of the old model is 16.28, 16.58, 175,800 yuan.

The configuration difference between the second-generation Big Dog Hi4 version and the old flagship version is very small, mainly due to the change of tire specifications. The new tire specifications are upgraded to 245/55 R19, and the old model is 235/60 R19. Other configurations are not bad, including L2-level auxiliary driving system, panoramic image, panoramic sunroof, smart car, leather seats that support front seat heating and ventilation, and automatic air conditioning.

But there is no differential lock, which is different from Haval Dogs or Haval Raptors, just like the Haval Dragon MAX.

Hi4 model summary

Haval brand currently has three cars using Hi4 hybrid four-wheel drive, the characteristics of its drive system are as follows. Haval Xiaolong MAX, 1.5L Hi4, power reserve is 205kW/585N · m, guide price 15.98, 16.98, 179,800 yuan Haval Raptors, 1.5T Hi4, power reserve is 278kW/750N · m, guide price is 16.58, 17.38, 183,800 yuan Haval second generation big dog, 1.5T Hi4, power parameters are the same as Haval Raptors

The same plug-in hybrid system can be equipped with different standard engines and motors. The Haval Xiaolong MAX uses a 1.5-liter naturally aspirated hybrid engine, with parameters of 70kW/100N · m for the front motor and 150kW/350N · m for the rear motor. The other two cars have the same parameters as the rear motor. The front motor has the same power but the torque is increased to 160N · m, and uses a 1.5T turbocharged engine with higher power and greater torque. Therefore, the performance of these three vehicles is the weakest for the Haval Xiaolong MAX, and the overall standard of the second-generation big dog and Haval Raptor is the same.

Among them, the Haval Raptor belongs to the recently popular "square box" SUV, that is, an SUV with the shape characteristics of a traditional off-road vehicle but without the use of a non-load-bearing body. It is a sport utility vehicle with a certain light off-road capability; but even the Haval Raptor does not provide the standard configuration of the rear axle differential lock. Only the medium and high-end versions of the car support the optional installation of the rear axle differential lock, and the optional cost is 6,000 yuan. On the contrary, without the installation of the rear axle differential lock, its off-road escape ability will theoretically be in the same standard line as the Haval second-generation big dog.

So how should I choose this car?

Here can only say that you can choose whichever you like, because the hybrid system infrastructure used is the same, only the power of the Haval Xiaolong MAX is slightly weaker, but its price also has certain advantages. So the main difference is the appearance design and space, but the disparity in space is not large. Take the Haval Xiaolong MAX as an example, its body size is 4758 * 1895 * 1725mm and wheelbase is 2800mm, which is basically the same as the two big dogs.

Although the body size of the Haval Raptor reaches 4800 * 1916 * 1822 mm, the wheelbase is 2738 mm, and its body length includes the spare tire behind the tailgate, so the actual length and space performance are also on the same standard line.

The main difference between these three cars is indeed the exterior and interior design style.

Sales can be used as a reference for car selection. At the end of the article, let’s take a look at the retail sales data of these three cars in February 2024. However, it should be noted that the retail sales data of the Haval Second Generation Big Dog in this list is the data of the old model of the front-drive version. The product power of the new model has been improved, and it is expected that the sales volume will also increase in the future. Therefore, the following data should be analyzed rationally and for reference only.

The top seller is the Haval Raptors.

Tianhe Auto Editor, welcome to comment

Buick’s new 7-seat SUV declaration picture is exposed, or an extended version of the Envision

  Recently, the reporter obtained from MIIT a group of SAIC-GM Buick’s new 7-seat SUV declaration map. Judging from the tail name, the car may be included in the Envision family.

  

  In terms of appearance, the car adopts a similar design style to the Envision S, including LED headlights and a shield-shaped family air intake grille. On the side of the body, it has been lengthened compared to the Envision, which looks significantly more slender. On the tail, from the tail mark, the new car may be named "ENVISION PLUS".

  

  In terms of size, the length, width and height of the new car are 4845/1883/1695 (1705) mm, with a wheelbase of 2833mm. The wheelbase exceeds that of the Envision, and it adopts a 7-seat layout. At the same time, the width of the car is the same as that of the Envision S.

  In terms of power, the car will continue to be equipped with a 2.0T engine with a maximum power of 237 horsepower, which is matched with a 9-speed manual transmission and offers four-wheel drive options.

"Black Myth Wukong" "Soaring Clouds and Fog"

  On August 20, the domestic 3A (high cost, high quality, high volume) stand-alone machine"Black Myth: Wukong" (hereinafter referred to as "Wukong") officially launched and quickly detonated public opinion. 3 days, sales have exceeded 10 million copies.

  The agency forecasts that the final sales of "Wukong" will reach 20 million copies, and the final sales will exceed 6 billion yuan. Industry insiders said that the success of "Wukong" will bring new changes to the Chinese market structure.

  Domestic 3A stand-alone game milestone

  "I thought it would be very popular, but I didn’t expect it to be so popular," said a senior game practitioner. At the end of 2023, at the TGA annual conference known as the "Oscars" of the global game industry, "Wukong" won the attention of the world: against the international top masterpieces, officially set on August 20, 2024.

  As of 9 pm on August 23, the total sales of "Wukong" exceeded 10 million copies, and the sales were nearly 3 billion yuan. For the explosion of "Wukong", industry insiders believe that this will bring new changes to the domestic game market.

  The most obvious change is in the domestic console game market. Compared with the mobile game market, which has long exceeded 100 billion yuan in scale, console games are much inferior. In the first half of this year, the total sales of the domestic console game market were less than 700 million yuan. The sales of "Wukong" in just three days are four times that.

  Industry insiders admit that the development of domestic stand-alone games is facing many challenges. "The popularity rate of host devices is low, and the public is more accustomed to short and fast mobile games, and there is almost no whole time to experience stand-alone games."

  In fact, the sales of "Wukong" proved that it far exceeded the concept of "hot game" in the traditional sense. With the popularity of "Wukong", console game stores around the world ushered in a rare "hot-selling frenzy". ShanghaiThe owner of the console game store revealed that sales have increased sharply in recent weeks. "I’m really too busy, so we temporarily hired two helpers."

  "This game cannot immediately change the ecology of the domestic game industry, but it may indeed bring some turnaround," said the head of a game manufacturer in Shanghai. "If one day, under the catalysis of a series of popular games, game consoles can develop in China, then the ecology of 3A games can be formed."

  Game meets science

  As the "crown jewel" of the game industry, the landing of 3A games not only means that the domestic game industry is becoming more mature, but also shows that the development idea of "technology + art" is being recognized by more practitioners.

  Behind the 3A game is not only the investment of hundreds of millions of dollars, but also the construction of a highly complex game industry production pipeline and the cultivation of talents.

  The game producer bluntly said that the difficulty of making domestic 3A games is very high: "Many processes are the first time to explore, and the whole body is affected. Take cutscenes as an example, not only the film scheduling and command, but also the 3D modeling."

  For example, a map 3D modeler at a Shanghai-based game company said: "There are a lot of models on a map, and there are potential interaction designs. If you fine-tune the terrain, you have to overturn and redo it."

  The "technology content" of "Wukong" is very high. For example, one industry insider said, the special effects shot of the brush writing in the cutscene, "the brush interacts with the paper when writing, and the binding requirements of the model bones are extremely high. In addition, the ink follows the trajectory from deep to shallow, which is’the technology that can ** text ‘."

  "Although it is still far from the international top level, it at least gives us hope." Game reviewer Lao Dai believes that under the current technology, the completion of "Wukong" is high enough.

  In recent years, more and more domestic game companies have begun to pay attention to the investment and application of technology in games. Liu Wei, chairperson of miHoYo, summed up the company’s development positioning as "science and technology innovation + merchandise". Ma Xiaoyi, senior vice-president of Tencent Group, bluntly said: "Games are not an isolated development industry. Since its birth, it has always been mutually driven and symbiotic with cutting-edge technology." CEO Ding Lei has repeatedly emphasized the importance of scientific research investment, and has disclosed the intensity of R & D investment for several consecutive quarters.

  The "Research Report on Game Technology Capability and Technology Value" released by the Game Working Committee of the China Audio and Digital Association shows that 81% of respondents believe that games have promoted the development of AI technology; 91.4% of respondents believe that some technological innovations in the game field have a certain role in promoting the physical field.

  The Business Inspiration of "Wukong"

  In addition to the hustle and bustle, from a commercial perspective, the popularity of "Wukong" is accidental and irreproducible.

  "A stand-alone game is not a good business model," a senior game analyst admitted that betting all your money to develop a 3A game is too risky.

  In fact, the "risk-return mismatch" of console games has left some console game makers on thin ice. Take CD Projekt, a well-known Polish game manufacturer, as an example. Its "Witcher" series once made a lot of money, but when "Cyberpunk 2077" was first launched, the game had a poor reputation due to bugs, and the company was once facing huge losses. The game also suffered a single-player development error, resulting in a single-year loss of hundreds of millions of yuan.

  Of course, the success of "Wukong" provides two lessons for the industry.

  First of all, we need to deepen the "single-point breakthrough" innovation and make good use of "addition and subtraction". In addition to the story and graphics, "Wukong" actually draws a lot from the operation mechanisms of mature games in terms of action combat, such as "Shock Knife", "Energy Storage Chute" and "Skill Plus", and simplifies them. This idea will undoubtedly greatly reduce the threshold for player operation and expand the player group.

  Industry insiders believe that when making AAA games, innovation should be based on one point, and mature experience should be borrowed as much as possible in other aspects. In fact, the success of another domestic game, "Yuan God", also lies in this: the game borrows from the Nintendo game "The Legend of Zelda: Breath of the Wild" in the early big world gameplay, while focusing on "mobile" innovation.

  "It’s not good to be innovative everywhere. You have to learn to stand on the shoulders of your predecessors," said one market analyst.

  Secondly, capital is essential. 3A game development costs are high, the development cycle is long, and it consumes a lot of resources, which requires a lot of capital. From a global perspective, except for some established 3A game manufacturers, almost all 3A game studios have the support of hardware manufacturers, such as,From a domestic perspective, Tencent and NetEase are the largest "top gifters" in the industry.

  "A successful AAA game requires not only capital, but also mature production line experience, publicity and distribution resources. It is impossible for a small team to cover everything, and it needs the support of large capital." A game industry analyst at a brokerage said.

  Industry insiders believe that the success of "Wukong" will allow domestic leading game manufacturers to provide more support to small teams with strong technical strength. If the small team can obtain as much capital and resources as possible while maintaining their own independence, it will undoubtedly provide more guarantees for the success of the project.

200 cities have formulated online car-hailing landing policies, and the difficulty of hailing a taxi has been initially alleviated

  China News Service, February 9. Liu Xiaoming, Vice Minister of Transportation, said today that 200 cities have formulated policies suitable for the city’s online car-hailing landing, and 66 cities have widely solicited opinions and will introduce relevant policies in a timely manner. The third-party evaluation overall believes that the implementation of the policy has achieved the expected effect and the overall progress is smooth. It has gradually standardized the development of online car-hailing, promoted and begun to explore the reform of cruise cars, and the "difficulty of hailing a car" has been initially alleviated.

  The State Council Information Office held a regular briefing on the State Council’s policies today. A reporter asked that last year ** the regulation of online car-hailing became the focus of ****. Some people believe that the threshold for landing policies issued by some cities is too high, too many restrictions, and even administrative monopoly problems. Some people suggest that the threshold for online car-hailing access should be appropriately lowered. What do you think?

  In this regard, Liu Xiaoming said that all along, NPC deputies and CPPCC members have been very concerned about and supported the taxi reform and the healthy development of online car-hailing. During the process of formulating and issuing two reform documents in 2016, many NPC deputies and CPPCC members actively participated in this work and contributed their wisdom, which made these two documents balance the interests of all walks of life, encourage innovation, standardize development, and keep the bottom line. These two documents were issued relatively smoothly and were also recognized by the society. The issuance of the documents is not the end of the reform work, but the beginning.

  In 2017, 26 delegates put forward 14 suggestions and proposals on how to standardize, how to reform, how to implement, and how to better coordinate the development of taxis and urban transportation.

  He introduced that from the overall perspective of the implementation of the policy, all localities have formulated policies based on local economic and social development, population size, resource endowments, and urban traffic conditions. So far, 200 cities have formulated policies suitable for their cities. 66 cities have widely solicited opinions and are formulating relevant policies in a timely manner in accordance with procedures and according to their own needs.

  He said that, on the whole, the opinions of these 200 cities are based on local conditions, some are wider and some are stricter, but overall they are within the framework of the two policy documents of the State Council and the seven departments. The Ministry of Transport also encourages, supports and respects all localities to achieve the greatest common divisor of reform under the general ideas and basic principles of the two documents, combined with local realities, through full demonstration and absorption of opinions from all parties in the society, and through legal procedures, promote reform according to the city’s policies. "Only you know if the shoes fit or not." Reform is a gradual process. It is hoped that cities will further track and improve during the implementation process to better meet the travel needs of the people.

  He pointed out that from the effect of implementation, the market response is still very positive, Internet companies, traditional taxi companies, car companies, leasing companies and other enterprises are applying to enter this market. In addition to the original Didi, Shouqi car-hailing, Shenzhou leasing, there are a number of new enterprises, such as Meituan, Ctrip, Cao Cao, etc. have also accelerated the layout of the online car-hailing market. So far, more than 50 platform companies have been licensed in different cities. According to the statistics at the end of 2017, more than 230,000 online car-hailing driver licenses have been issued in various places, and more than 140,000 vehicle transportation licenses have been issued. The development is still relatively good.

  When the policy was introduced one year ago, the Ministry of Transport released a third-party evaluation report in August last year. The third-party evaluation generally believed that the implementation of the policy had achieved the expected results and the overall progress was smooth. It gradually standardized the development of online car-hailing, promoted and began to explore the reform of cruise cars, and the "difficulty of hailing a taxi" was initially alleviated. At the same time, the report also pointed out that because some cities are still in the transition stage, the reform results have not yet been fully realized.

  He further pointed out that the taxi reform is indeed a systematic and complex project. During the reform process, new and old problems are superimposed and old and new contradictions are intertwined. From the perspective of the reform effect, there is still a gap between the hope of the public, the travel needs of the masses, and the reform goals. Especially the two numbers 230,000 and 140,000, compared with traditional cruise cars, there is still a relatively large gap. The Ministry of Transport will increase the promotion of compliance vehicle compliance personnel in the future and strengthen the guidance of urban reform. The Ministry of Transport will continue to adhere to the people-centered development concept, continuously optimize and improve policies and measures, and carry out the deepening reform of taxis to the end.

Huawei Cloud Zhang Peng: Brand acceleration solutions are deeply empowered, and partners are working together to inject growth momentum into China brands.

   On March 15th, Huawei Cloud & Huawei Terminal Cloud Innovation Summit 2024 corporate brand building theme forum was successfully held in Huangshan, Anhui. At the meeting, Zhang Peng, vice president of Huawei Cloud China and CMO, said that facing the difficulties and challenges of the new era, brand has become one of the driving forces of business growth and corporate culture. To achieve a great brand requires enterprises to change their consciousness, use the right methods, build a good process and embrace brand transformation. I believe that China should have more brands to grow up and give more and better choices to customers around the world.


  Vice President of Huawei Cloud China, CMO Zhang Peng

  How is the Huawei brand tempered by accumulating brand potential energy?

  Brand building has never been achieved overnight, but the result of long-term operation and Excellence. At the event site, Zhang Peng shared the underlying logic of Huawei’s sustained brand growth by combining Huawei’s practical experience in management, marketing and service.

  According to Zhang Peng, Huawei has a clear understanding of its own brand building: First, brand is strategy. Huawei drives business strategy with core values, then drives brand strategy, and then delivers it to customers through integration; Second, the brand is the top project. The strategic direction choice, investment determination and implementation will of enterprise managers play a key role in brand building. Finally, the brand is "played". It includes products, corporate image, marketing communication, service experience and all other sensible elements. Only by delivering tangible value to users can the brand become popular and develop with high quality.

  In terms of management and operation, Huawei has built a brand strategy system driven by value, and a management system and process architecture with process as the core, which also enables the experience to be replicated, enables the excellent to be replicated, and ensures the stable and efficient operation of the business. Based on the need for in-depth insight into market segments, Huawei also introduced the MTL process construction. After the process of "first rigidity, then optimization, and then solidification", the enterprise market gradually changed from the perspective of pure sales to the realization of enterprise goals through "camp", further driving the growth of brand business.

  Brand building "trinity", achieving great brands in the new era

  At present, with the tide of global digitalization, China enterprises are facing unprecedented opportunities for technological innovation, and at the same time, they are also facing various problems in brand building. In the long run, the trend of China enterprises moving towards the high end of the global value chain will not change, and the rise of China brand is imperative, so it is necessary to steadily upgrade brand building.


  Vice President of Huawei Cloud China, CMO Zhang Peng

  Zhang Peng pointed out that brand is a systematic project, which needs to be built and managed by professional methods. Only by perfecting the process architecture and brand system can we achieve a lasting and great brand. At the meeting, Huawei Cloud also released the "Brand Acceleration Solution" with partners, the "Trinity" of brand consultation, brand alliance and intelligent brand marketing solution, and "Yunyun Collaboration" to accelerate brand growth.

  In brand consultation, Huawei continues to open brand management practice methodology for the whole industry, covering brand strategy implementation, diversified brand management, DSTE+MTL process, expert service projects, etc., to help enterprises in various industries effectively enhance their brand power; At the level of brand alliance, Huawei Cloud, Terminal Cloud and Ecosphere partners have joined forces to deepen mutual trust and cooperation, and fully combine brand endorsement, joint marketing, business opportunity sharing, resource collaboration and brand going out to sea to promote the practice of brand building; At the same time, Huawei also provides diversified and differentiated end-to-end brand and marketing solutions, solves the pain points of users in marketing, sales and service through digital means, empowers brand building and promotion with technology, and helps each brand achieve "greatness".

  The times are developing, and brand building should also keep pace with the times. Along the bridge of "Yunyun Collaboration", I believe that China enterprises will be more confident, determined and emboldened. Facing the future, Huawei will also walk side by side with more partners and seek common development, so that more China brands can be seen.

Internal and external smart car international online test drive Chery Tiggo 5X

  With the advent of the era of intelligent interconnection, intelligent technology represented by Zhiyun interconnected driving system, driverless and V2X is becoming the future technological innovation outlet of the global automobile industry. A few days ago, Chery’s newly-developed Cloudrive 3.0, a connected driving system for Zhiyun, was released, and Chery’s brand-new small SUV Tiggo 5x, which will be launched on September 27th, is the first model equipped with Cloudrive 3.0 under Chery’s banner, with a brand-new combination and convenient experience, full of high-tech and intelligent elements, and the "future car life" outlined by Chery is slowly unfolding.

 

Image default title _fororder_ Chery 1

  The appearance is fashionable, simple and dynamic, focusing on the younger market.

  With the growing market of "post-90s" and "post-90s", more and more car companies are aiming at this young market, and they are more and more inclined to fashion, simplicity, dynamic and energetic design style in shape design and vehicle tone, and Chery Tiggo 5x is a high-value compact SUV that focuses on the young market of "post-90s".

  Tiggo 5x adheres to Chery Design’s family-style flowing water modeling, uses the design concept that young people like at present, relies on the group’s most advanced T1X platform, and inherits Concept β Modeling elements, the whole car adopts the same color design, which gives people a feeling of simplicity, fashion, massiness and dynamic.  

Image default title _fororder_ Chery 2

  Tiggo 5x has a length, width and height of 4338/1830/1647mm and a wheelbase of 2630mm respectively. The overall shape is compact, smooth and natural, and silver decorative strips are used in many places, which inherits Chery’s flowing water modeling gene.

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  The large-size hexagonal air intake grille on the front face of Tiggo 5x is wrapped with chrome trim strips, and the headlights are equipped with crystal diamond lenses. The whole front face is full of "flowing water modeling" style, and the design is atmospheric and fashionable.  

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  The rear design is more simple and full, and the taillights are blackened with color matching, which is unique and very eye-catching.  

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  The interior materials pay attention to the excellent touch and high sense.

  For young people, the external face value is the first step to attract attention, but the internal decoration and materials can not be ignored, and it is most important to repair both inside and outside. Open the door of the Tiggo 5X and touch the leather-wrapped seat, which is soft and delicate, extremely comfortable to the touch, very textured, showing advanced. At the same time, the main driver’s seat supports electric adjustment and can be easily adjusted to the best driving position and comfortable sitting position.

Image default title _fororder_ Chery 6

  There is also more than enough space in the back row. A passenger with a height of 178cm sits in the back seat, and his legs are free to stretch and flex, and his activity space is not limited.

  

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  The interior of Tiggo 5x adopts asymmetric design style, and is wrapped by a large area of soft materials and leather, with red stitching, which adds a bit of sportsmanship and dynamic vitality, and is very popular among young people.  

Image default title _fororder_ Chery 8,

  The position of mechanical gear handle is set reasonably, which provides sufficient space for the rear cup holder.

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  The 9-inch central control panel is equipped with Chery’s brand-new Cloudrive 3.0 system. Intelligent voice control is adopted in speech recognition, operation interface, service configuration and intelligent safety control. The mobile app remotely controls air conditioning, doors and windows, engine, car search and security, and can still open the door without car keys, bringing consumers a convenient experience.

  The coexistence of power and economy is more than enough for daily commuting.  

Image default title _fororder_ Chery 10

  Tiggo 5x is equipped with a 1.5T turbocharged engine, with a maximum power of 108kW and a peak torque of 220n m. It is matched with a 6-speed DCT dual-clutch gearbox, and the engine and gearbox are accurately matched to tap the maximum power potential. Accelerate within 10 seconds after 100 kilometers, and surpass other cars of the same class. The comprehensive fuel consumption and power of 100 kilometers completely surpass the same class models.  

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  Test drive feeling: comfortable driving and stable handling.

  This test drive is a venue test drive, including four parts, S-winding pile, elk test, track experience and off-road comprehensive experience area.

  First of all, it is commendable that the Tiggo 5X has made great efforts to reduce the driving noise. When the throttle is fully accelerated, the noise control in the car is still excellent, and it is reported that the wind is dry and the communication clarity of the members in the car is high.  

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  Tiggo 5X is built on T1X platform, which further improves steering performance and handling performance on the basis of excellent ride comfort, without losing the same level of joint venture brands or even surpassing joint venture competing products. While ensuring low speed and portability, it takes into account the stability of high speed, and the overall steering feels smooth and natural, and there is no light floating feeling at all. 

Image default title _fororder_ Chery 13

  In terms of chassis, the Tiggo 5X adopts the combination of front McPherson independent suspension and rear multi-link independent suspension, which provides better stability for the car body. In the S-pile test drive and elk test, it can provide enough lateral support, show the inhibition of roll, and the overall performance is excellent.  

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  In terms of safety, Chery Tiggo 5x has made great efforts. In terms of passive safety, Tiggo 5x is built according to the five-star standard of C-NCAP in 2015, which integrates structural crashworthiness and occupant protection, and is the highest safety level of its class. In terms of active safety, Tiggo 5x adheres to the concept of integrated active safety technology and integrates lane departure warning system (LDW), panoramic image system (AVW), ramp auxiliary control system (HHC) and steep slope descent auxiliary control system (HDC) to provide all-round protection for car owners and passengers.  

Image default title _fororder_ Chery 15

  Summary: As a compact SUV model that focuses on the post-90s young market, Tiggo 5X has performed well in all aspects. The appearance is atmospheric, simple and fashionable, the interior is full of texture, and there is no lack of personality, and the driving comfort and handling stability are good. After half a day’s test drive, Tiggo 5x has withstood the test of various complex venues, and its comprehensive performance is relatively balanced, which reflects the strength of our own brands. It is understood that the Tiggo 5x will be launched on September 27th, and the new car will launch six models with better comprehensive performance. If reasonable pricing is added, we expect the market performance of the Tiggo 5x among young car owners. (Figure/text Xiaomi)