China Tourism Academy: It is expected that the number of domestic tourists in China will exceed 6 billion in 2024
According to the calculation of the China Tourism Academy (data center of the Ministry of Culture and Tourism), the comprehensive index of national tourism economic operation in 2023 will always be in the boom range, with an average value of 109.95, which is close to the level of the same period in 2019. The agency predicts that in 2024, the number of domestic tourists and domestic tourism revenue will exceed 6 billion and 6 trillion yuan respectively, and the number of inbound and outbound tourists and international tourism revenue will exceed 264 million and 107 billion US dollars respectively.
In 2022, there were 320 million female employees in the country, accounting for 43.2% of the total employment
The National Bureau of Statistics (NBS) released the 2022 Statistical Monitoring Report on the Programme for the Development of Chinese Women (2021-2030). According to the report, the proportion of women in the total number of employed persons in society has remained stable at more than 40%. In 2022, there were 320 million female employees in the country, accounting for 43.2% of all employed persons. Among the employed persons in urban non-private units, 67.664 million were women, accounting for 40.5 percent.
Musk is once again the richest man in the world
According to the Bloomberg Billionaires Index, Tesla CEO Elon Musk is once again the richest man in the world. According to the data, the total assets of the world's 500 richest entrepreneurs increased by $1.5 trillion in 2023, and Musk is also in the top three with French tycoon Bernard Arnault, owner of the Louis Vuitton group, and Jeff Bezos, the founder of Amazon. In fourth place is Microsoft founder Bill Gates, and in fifth place is former Microsoft CEO Steve Ballmer. As a "regular" on the rich list, "God of Stocks" Warren Buffett failed to enter the top five.
Ministry of Industry and Information Technology: Focus on rare earth, photovoltaic, new energy vehicles, 5G and other advantageous industrial chains, and forge a number of "killer" technologies
The party group of the Ministry of Industry and Information Technology of the Communist Party of China wrote an article in the magazine "Qiushi" that efforts should be made to improve the resilience and security of industrial and supply chains. Focus on forging long boards, focusing on rare earths, photovoltaics, new energy vehicles, 5G and other advantageous industrial chains, forging a number of "killer" technologies, and improving industrial quality. Focus on strengthening the foundation, in-depth implementation of industrial base reengineering projects and major technical equipment research projects, accelerate the improvement of industrial base capabilities, and break through a number of strategic landmark equipment. Make good use of the first (set) of the first batch of policies to accelerate the promotion and application of innovative products and iterative upgrading.
The first flight test of eVTOL in Shenzhen low-altitude fusion flight demonstration zone was completed, and the first flight test of eVTOL was successful
Recently, the first flight test of eVTOL (unmanned manned electric vertical take-off and landing aircraft) in Shenzhen low-altitude integrated flight demonstration area was successfully completed at Dameisha Binhai Bus Station. During the event, Houwei Huasheng Company demonstrated the EH216-S unmanned manned aerial vehicle flying around the field. The aircraft has successfully obtained the type certificate and standard airworthiness certificate issued by the Civil Aviation Administration of China, becoming the first eVTOL in the world to obtain the airworthiness certificate.
More than 110,000 visa-free entry into China from 6 countries, with sightseeing and leisure accounting for 7 percent
According to the statistics of the National Immigration Administration, since December 1, China has implemented the unilateral visa-free policy for ordinary passport holders from six countries, including France, Germany, Italy, the Netherlands, Spain and Malaysia, as of December 31, 2023, a total of 214,000 people from the above six countries have come to China, an increase of 28.5% from November, of which 118,000 people have entered China without visas with ordinary passports, accounting for 55.1% of the total number of arrivals from the six countries in the same period From the perspective of the reason for entry, 91,000 people came to China for sightseeing, leisure and business activities among those holding ordinary passports and entering the country without visas, accounting for 77.3%.
Ministry of Transport: The country is expected to send more than 120 million passengers during the New Year's Day holiday
It was learned from the Ministry of Transport that from December 30, 2023 to January 1, 2024 (during the New Year's Day holiday in 2024), the total number of passengers sent by railways, highways, waterways, and civil aviation across the country is expected to be 128,126,400, an increase of 78.4% over the same period in 2023 (during the New Year's Day holiday, the same below) and an increase of 33.1% over the same period in 2022.
The 2023 public fund battle report was released, and Huaxia and GF each won the first place
The 2023 annual results of public funds have been announced one after another. Wind data shows that since 2023, the common equity fund index has fallen by 12.64%, and the partial stock hybrid fund index has fallen by 14.48%, falling for two consecutive years. Unlike previous years, when the "champion base" was locked early, the "champion base" qualifying match of the A-share active equity fund, which has attracted much attention, was stalemate until the last minute. In the end, the net value of the SinoAMC Beijing Stock Exchange Innovative Small and Medium-sized Enterprises Select Two-Year Fixed Opening Fund surpassed the Oriental Regional Development Fund on the last trading day and won the "champion" of the 2023 annual performance, with the two funds yielding 58.56% and 55.02% respectively since the beginning of this year.
Shanghai Film: In 2023, the company's subordinate Lianhe Cinema Line will achieve a cumulative box office of 4.483 billion yuan, a year-on-year increase of 105.9%
On January 1, Shanghai Film announced that from January to December 2023, the company's subordinate Lianhe Cinema Line achieved a cumulative box office of 4.483 billion yuan (including service fees), an increase of 105.90% year-on-year in 2022 and 23.69% year-on-year in 2021, a market share of 8.28%, an increase of 1.01 percentage points over the same period in 2022 and an increase of 0.57 percentage points over the same period in 2021, and a total of 96.2644 million moviegoers, an increase of 104.38% year-on-year in 2022 , an increase of 17.79% year-on-year in 2021. As of the end of the reporting period, the total number of franchised theaters under Lianhe Cinema Line was 796, with a total of 5,101 screens.
The Year of the Dragon Moutai Zodiac Liquor will be launched on January 6, and the market guide price is still 2,499 yuan per bottle
The Year of the Dragon Moutai Zodiac Liquor will be officially sold on i Moutai on the evening of January 6, and the market guide price of the 500ml Year of the Dragon Moutai Zodiac Liquor is still 2499 yuan per bottle. According to the previous China commodity information service platform, there are two specifications of Moutai Zodiac Liquor in the Year of the Dragon, namely 375mlx2 gift box and 500ml. Moutai Zodiac Liquor is Moutai's second largest single product in addition to "Pu Mao", with an estimated sales of tens of billions of yuan.
Mafengwo: New Year's Day holiday high-star hotel orders accounted for more than 65%
Mafengwo hotel transaction data shows that during the New Year's Day holiday, high-star hotel orders accounted for more than 65%. The data shows that the popularity of "medium and long-distance travel" for 5-8 days on New Year's Day increased by 178% year-on-year, and among the "medium and long-distance travel" crowd, the number of outbound tourists accounted for nearly 20%.
"Wei Xiaoli" disclosed the delivery data in December
On January 1, "Wei Xiaoli" disclosed the delivery data for December. Li Auto delivered 50,353 new vehicles in December, up 137.1% year-on-year, and 376,030 vehicles in 2023, up 182.2% year-on-year. Xpeng delivered 20,115 new vehicles in December, up 78% year-on-year, and delivered 141601 vehicles in 2023, up 17% year-on-year. NIO delivered 18,012 new vehicles in December, up 13.9% year-on-year, and delivered 160038 new vehicles in 2023, up 30.7% year-on-year.
Zhang Dong succeeded Liu Wei as CEO of Giant Network
On January 1, Giant Network confirmed that Liu Wei applied to the company's board of directors to resign as CEO for personal reasons, and the company hired Zhang Dong as the company's CEO. According to the data, in 2005, Zhang Dong joined Tencent's interactive entertainment division as a product manager. In 2009, Zhang Dong joined Giant Network as the product director of "Journey 2" and other projects. In 2013, Zhang Dong joined NetEase and established the NetEase Blizzard Game Publishing and Esports team in China, and has since served as the general manager of the Shanghai Cooperation Department, the legal representative and executive director of NetEase. Since 2022, Zhang Dong has joined the NetEase Cloud Music management team, responsible for commercialization and marketing, and also serves as the company's legal representative.
Dubai will ban the import and trade of single-use plastic bags from 2024
On December 31, local time, Crown Prince Hamdan of Dubai, United Arab Emirates, issued a decree prohibiting the import and trade of disposable plastic bags in Dubai from January 1, 2024. This ban excludes thin plastic bags for packaging meat, fish, vegetables, fruits, cereals, bread, etc., garbage bags, plastic bag products for export or re-export, etc. It is understood that the Dubai government requires businesses to reduce the use of plastic products and disposable products, and must provide customers with affordable and recyclable disposable plastic bag alternatives. Practitioners who violate the ban face a fine of 200 dirhams (about 386 yuan).
South Korea's exports in 2023 will decline by 7.4% year-on-year, with a trade deficit of $10 billion
South Korea's exports in 2023 will decrease by 7.4% year-on-year to $632.7 billion, and imports will decrease by 12.1% year-on-year to $642.7 billion, the Ministry of Trade, Industry and Energy said on January 1. As a result, there was a $10 billion deficit in the trade balance.
The U.S. commercial real estate thunder continues, and mortgage REIT company JER has filed for bankruptcy
JER Investors Trust Inc., a mortgage real estate investment trust, has filed for bankruptcy, the latest sign that U.S. commercial real estate is in trouble. The REIT owes more than $100 million in debt to creditors but less than $50 million in assets, according to a U.S. Chapter 11 petition filed Friday in Wilmington, Delaware. C-III Capital Partners, a private equity firm, is the majority shareholder of the trust company. The company used Chapter 11 of the U.S. Bankruptcy Code to temporarily suspend most of its debts while trying to develop a plan to stay in business.
McKinsey agreed to pay $78 million to U.S. insurers to settle opioid-related claims
On December 29, local time, McKinsey, a consulting firm, submitted a proposed agreement to the Federal Court of San Francisco, agreeing to pay $78 million to settle claims filed by U.S. health insurance companies and benefit plans. McKinsey is accused of contributing to the opioid epidemic by providing sales analysis and marketing advice to pharmaceutical companies such as Purdue Pharmaceuticals and Johnson & Johnson. McKinsey had previously paid more than $600 million to settle opioid lawsuits filed by U.S. state attorneys general, and in September agreed to pay $230 million for claims from local governments and school districts.
Saudi Arabia's sovereign wealth fund (PIF) became the world's most active sovereign investment fund in 2023
Saudi Arabia's sovereign wealth fund (PIF) became the world's most active sovereign investment fund in 2023. The fund's trading activity has increased at a time when most of its global peers, including the Government of Singapore Investment Corporation (GIC) and Temasek, have cut spending. Saudi Arabia's sovereign wealth fund (PIF) invested $31.6 billion in 2023, up from $20.7 billion the year before, according to research and consulting firm Global SWF. This growth contrasts with a broader trend of $124.7 billion invested by global sovereign investors, down about a fifth year-on-year.
OpenAI's annualized revenue is said to have exceeded $1.6 billion
OpenAI's annualized revenue has recently exceeded $1.6 billion, up from an estimate of $1.3 billion in mid-October, thanks to the strong growth of ChatGPT, the "star product" of artificial intelligence (AI), according to media outlet The Information, citing people familiar with the matter, on Saturday (December 30). Compared to last year, the company's full-year revenue for 2022 is only $28 million, which means that the latest estimate of annualized revenue is a whopping 56 times higher than last year.
Oman's Deputy Minister of Finance: Oil revenues are expected to reach 5.915 billion riyals in 2024
Oman's oil revenues reached 6.883 billion riyals in 2023, 2 billion riyals in 2023, 5.915 billion riyals in 2024 and 1.575 billion riyals in 2024, Oman's deputy finance minister said.
Bernstein: U.S. consumer debt has just returned to normal levels
U.S. credit card balances grew about 4.7 percent in the third quarter to $48 billion, bringing the total balance to $1.08 trillion, the highest since 2003, according to the Federal Reserve Bank of New York. White House economic adviser Bernstein said, "Signs of pressure on U.S. consumer spending, such as rising credit card delinquencies, largely indicate that Americans' debt is returning to normal levels, and even if interest rates rise, their repayment costs are not too high." Disposable income grew by 3.7% last year, which was one of the positive factors that helped support consumer spending. ”
U.S. chipmaker stocks are expected to have their best annual performance since 2009, with Nvidia and AMD contributing to it
On December 30, the stocks of U.S. semiconductor companies are expected to record their best annual performance in more than a decade, with chipmakers contributing to it. The Philadelphia Stock Exchange's semiconductor index is up 66% so far in 2023, on track for its biggest annual gain since 2009. In 2023, only one of the index's 30 constituents fell, while the rest all rose, with Nvidia being the most prominent. At a time when demand for AI chips is booming, Nvidia's revenue has exploded, and its stock price has more than tripled, becoming the first chip manufacturer with a market value of more than $1 trillion. AMD, another major player in the AI space, was the second largest gainer, up more than 130% so far this year. Despite its initial setbacks, Arm has been strong recently, rising more than 60% from its October lows.
Shanghai silicon industry: plans to invest 9.1 billion yuan in the construction of "300mm semiconductor silicon wafer crystal pulling, cutting and polishing production base"
On the 29th, the Shanghai Silicon Industry announced that its subsidiary, Shanghai Xinsheng Semiconductor Technology Co., Ltd., plans to sign the "Cooperation Agreement on the Project of Semiconductor Wafer Material Production Base" with the Taiyuan Municipal People's Government and the Management Committee of Taiyuan Zhongbei High-tech Industrial Development Zone, and invest in the construction of "300mm semiconductor silicon wafer crystal pulling and cutting and polishing production base", with a total planned investment of 9.1 billion yuan.
Landun Optoelectronics: It is planned to obtain about 5% of the equity of Xingsi Semiconductor for 180 million yuan
On December 29, Landun Optoelectronics announced that it would participate in the financing of Xingsi Semiconductor to potential investors through the issuance of new registered capital. The company will invest RMB 180 million in this round of financing, and after the completion of this round of financing, it is expected to directly hold about 5% of the equity of Xingsi Semiconductor.
1. Recently, Jiangsu Aiweide Biotechnology Co., Ltd., a major project company of the Yangtze River Delta National Innovation Center, completed tens of millions of yuan in Pre-A+ round of financing.
2. Recently, Sunshine Hydrogen Energy Technology Co., Ltd. completed a round of financing, with an amount of 660 million yuan. This round of financing was led by Legend Capital.
3. "Rongfeng Digital Energy", a one-stop energy storage solution service provider, completed tens of millions of Pre-A round of financing, led by Dagong Capital, with Gaoshi Capital as the exclusive financial advisor.
4. Recently, "Hengjing New Energy" announced the completion of 100 million yuan in Series C financing, led by Anhui Zhongan Capital, followed by Hefei Innovation Investment and Amphora Capital.
1. According to the updated information of the Shenzhen Stock Exchange on December 30, the IPO application of Chengdu Ruiyuan Semiconductor Technology Co., Ltd. on the GEM was approved by the Listing Committee meeting.
2. On December 29, Changjiu applied for a Hong Kong IPO and planned to issue 50.5 million shares.
3. On December 29, Concord Healthcare applied for a Hong Kong IPO and planned to issue 39.4 million shares
How big is China's salt industry?
Thank you for your question!
According to the China Salt Industry Association, the mainland's raw salt production capacity and output have become the world's first. As of August 25, 2023, the national salt production capacity is 120.62 million tons, of which sea salt accounts for 29.00%, lake salt accounts for 13.90%, and well salt accounts for 57.10%, and the raw salt output is 97.75 million tons, of which sea salt accounts for 21.74%, lake salt accounts for 17.17%, and well salt accounts for 61.09%. The salt production capacity is 50 million tons, and the salt production and consumption have remained at about 12 million tons in recent years.
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