"How to build a good car for users?" This problem runs through the development of Geely all the time, and has a profound impact on Geely’s strategic layout and product innovation.

On December 6th, Geely Automobile held a 7 # listing conference in Taizhou, Zhejiang. Taizhou is the place where Geely Automobile started, so during the media interview after the listing conference, Yan Jiayu, CEO of Geely Automobile Group, began to talk to the media about Geely Automobile’s concept of making cars.

Gan Jiayue said: Since the first car rolled off the assembly line on August 8, 1998, Geely has a 27-year history of building cars, and up to now it has accumulated 16 million users, ranking first in the number of independent brands in China. However, Geely Automobile’s concept of building a car remains unchanged, that is, to build a good car for users and ordinary people.

Constant values: building a good car for the people

Geely’s "unchanged" can be summed up as a simple and profound mission: "building a good car for the people." This concept has been established since the establishment of Geely, and has been accompanied by the development of the enterprise.

Yan Jiayue mentioned that Geely’s initial goal was to "build a car that ordinary people can afford". With the gradual development of the company, this goal was further deepened into "building a good car that ordinary people can afford" and now "building the safest, most energy-saving and most intelligent new energy vehicle". What remains unchanged is that Geely has never forgotten its original intention, that is, to meet the needs of mass consumers through cost-effective products.

Take Galaxy as an example. The main mission of Galaxy is to be a "high-value" new energy product. Gan Jiayu explained: High value means leading from technology, leading from quality and leading from the value of products, which is what Geely often talks about internally.

This "high-value" car-making concept also ensures Geely’s success. In 2024, the competition in China’s automobile market is becoming increasingly fierce, and many automobile companies have experienced double sales and profits, while Geely stands out in the market with its excellent "price-to-product ratio" and good user experience. Whether it is listed in August or Geely listed in October, it has become a market explosion.

Changing factors: technological progress and product innovation

Although Geely has always adhered to the concept of "building a good car for ordinary people", with the rapid development of the automobile industry, especially the rapid progress of intelligent and new energy technologies, Geely Automobile should continue to maintain the advantage of "price ratio" of its products, or return to the market and understand what products users need from the market perspective. Take the Milky Way as an example, which is manifested in the following aspects.

The first is the core technology. Yan Jiayu believes that if the technology is not continuously leading, the product will not be recognized by the market.

According to the introduction, in recent years, Geely Automobile has practiced the strategy of "one network and three systems" in technology, that is, an "intelligent Geely technology ecological network" and three systems composed of "intelligent energy, intelligent manufacturing and intelligent services".

Gan Jiayu believes that in the "one network and three systems", the most important thing for Galaxy is the intelligent energy system. To this end, Geely has built a Aegis short knife battery and an 11-in-1 channel platform. This system has ensured the best endurance achievement rate and safety of the same level for Geely Galaxy, and the power consumption and energy consumption of the products have also been well optimized, thus ensuring that the products get higher customer satisfaction.

Secondly, in terms of intelligence, Geely has accelerated the upgrading of intelligent manufacturing by implementing the "Smart Geely 2025" strategy.

Yan Jiayue mentioned that from 2021 to now, Geely has continuously strengthened its independent research and development capabilities, from the chip to the self-research of the operating system, which is constantly breaking down technical barriers and bringing better driving experience to consumers.

Take the Flyme Auto system as an example. This system is an AI intelligent system jointly developed by Geely and Meizu, which can optimize the intelligent operation in the car in real time according to the needs of users. This technology not only improves the operating experience in the car, but also helps the vehicle to achieve better performance in fuel consumption through the application of AI agents. For example, Starship 7 has better fuel consumption performance than many similar hybrid vehicles with the help of AI agents.

Such a technological breakthrough not only makes Geely stand out in the market, but also creates a leading technical image for the brand.

In addition, Geely has spared no effort in quality control. Gan Jiayu emphasized that "quality is the bottom line, the lifeline and the red line of Geely". While improving product technology, Geely always insists on maintaining high standards in quality management. This strict quality control not only ensures the safety and durability of vehicles, but also makes consumers feel more at ease when choosing Geely brand.

Balance between Change and Invariance: User Experience First

Geely’s success lies not only in technological breakthroughs, but also in how to transform these technologies into product values that users can actually feel.

Yan Jiayue emphasized that Geely does not need to show off its skills, but brings consumers a more real experience through practical technology. This "user-centered" design concept runs through every model of Geely, especially in the field of new energy vehicles, and Galaxy series is the concrete embodiment of this concept.

As a pure electric SUV, Yinhe E5 has been widely welcomed for its excellent intelligent system and extreme driving experience. Through the all-round fuel consumption optimization of AI agent, Galaxy Starship 7 achieved the best fuel consumption performance among similar new energy vehicles, which not only reduced the use cost of the owner, but also improved the overall driving experience. In addition, the addition of Flyme Auto system not only improves the convenience of the owner’s operation in the car, but also makes the intelligent interaction in the car more humanized, thus providing users with a higher value experience.

Conclusion: Geely’s "change" and "unchanged" are the core of its continuous success. On the basis of adhering to the initial goal of "building a good car for the common people", Geely has gradually realized the transformation from a China brand to a global brand through technological innovation, quality improvement and product experience optimization. It can be predicted that Geely in the future will continue to promote the continuous progress of the automobile industry with the initial intention of "building a good car for users" and achieve more high-value products with international competitiveness.

After the embarrassing situation of falling in recent days, China A-shares welcomed the voice of the CSRC and the central bank last weekend. Analysts here said in an interview with China News Service that the government is trying to build a systematic project to stabilize the stock market, which is undoubtedly conducive to stabilizing market confidence. Considering the overall situation of the current stock market, A shares are showing more positive signals.

The stock market bubble has been released to a considerable extent.

China Securities Regulatory Commission issued a notice on the evening of 6th, saying that at present, the bubbles and risks in China stock market have been released to a considerable extent, the market transactions are basically normal, the liquidity is abundant, and the internal stability of the market is enhanced. The rise and fall of the stock market has its own operating rules. Under normal circumstances, the government does not intervene. However, when the stock market fluctuates violently and abnormally, which may lead to systemic risks, the government will never sit idly by and will take various measures to stabilize the stock market in a timely and decisive manner.

It is worth noting that this is not the only official statement on the stock market in China recently. Zhou Xiaochuan, governor of China’s central bank, recently said at the meeting of G20 finance ministers and central bank governors that since the stock market adjustment, the leverage ratio has dropped significantly, and it has not had a significant impact on the real economy. At present, the exchange rate of RMB against the US dollar has stabilized, the stock market adjustment has been "in place", and the financial market is expected to be more stable.

In this regard, Dong Dengxin, director of the Institute of Financial Securities of Wuhan University of Science and Technology, said in an interview with Zhongxin.com that the official move is to persuade investors not to panic too much, to remind the stock market bubble that it has been released to a considerable extent, and to express its position that it will intervene and stabilize the market in due course; Considering that the current on-site financing balance of A shares has dropped to about 1 trillion yuan (RMB, the same below), returning to the level at the end of last year, and the P/E ratio of some stocks has also shrunk significantly, A shares are showing more positive signals.

Xu Hongcai, director of the Economic Research Department of China International Economic Exchange Center, also agreed. Xu Hongcai believes that the current Shanghai Composite Index has dropped from more than 5,000 points in the middle of the year to around 3,000 points, and the bubble accumulated before mid-June "has been basically squeezed out". In addition, unlike previous rounds of adjustment, the shock of China A shares in late August had a negative spillover effect on the global stock market to a certain extent, which deepened the doubts about China’s economy.

Xu Hongcai further pointed out that in this case, the official made it clear that the stock market adjustment was basically in place, which was not only a judgment based on facts, but also a consideration to boost the confidence of domestic and foreign investors in China’s economic and financial stability.

Affected by this, the Shanghai Composite Index, a representative of A-shares, changed its downward trend, opening lower and going higher. As of the close of the morning, the Shanghai Composite Index rose 0.87% to close at 3,187 points.

Create a systematic project for "stabilizing the stock market"

In view of the future work arrangement, the CSRC indicated that it will continue to take stabilizing the market and preventing systemic risks as the primary task, organically combine stabilizing the market, repairing the market and building the market, focus on cultivating an open, transparent, long-term stable and healthy capital market, and put forward four measures, including cultivating and developing institutional investors.

In this regard, Dong Dengxin said that this move shows that while maintaining market stability, the regulatory authorities are continuing to promote the marketization and legalization of A-shares. Regulators put forward the main starting point for the next step, and do a good job in market construction. Its core is to create a systematic project for "stabilizing the stock market", rather than simply focusing on the market trend itself, so as to avoid piecemeal treatment.

Dong Dengxin believes that the abnormal fluctuation of the stock market has further exposed the immature stock market and imperfect system in China, and the above measures of the CSRC are targeted measures to try to overcome related problems.

"The development of institutional investors is to reform the status quo of A-share retail market, and the reform of registration system is to reform the policy market." Dong Dengxin said that the scheme of fuse mechanism that has attracted much attention is to make up for the existing price limit system and put forward a stricter market protection mechanism.

Fuse mechanism or introduction: stricter than the price limit system

The so-called fuse mechanism is a protection mechanism established by the US Securities and Exchange Commission. According to the latest regulations of the SEC, when the S&P index falls by 7% in a short time, all securities market transactions in the United States will be suspended for 15 minutes.

According to Cheng Xiaoyong, assistant director of Baocheng Futures Finance Research Institute, the fuse mechanism is equivalent to a "shock absorber". Its benefits are as follows: first, it provides early warning for the trading risks in the market, effectively preventing the suddenness and seriousness of risks; The second is to gain thinking time and operation time for controlling trading risks; Third, it is conducive to eliminating the decline in liquidity in the futures market caused by outdated prices; The fourth is to provide institutional guarantee for gradually resolving transaction risks.

Dong Dengxin pointed out that, in fact, the 10% price limit system and the temporary suspension system of new shares currently implemented by A-shares belong to the fuse mechanism in a broad sense. In this sense, the regulatory authorities proposed to study and formulate a scheme to implement the index fuse mechanism, perhaps because of formulating a stricter temporary suspension mechanism.

Dong Dengxin further pointed out that the new regulations may implement 8% reduction fuse arrangement for weighted blue-chip stocks, such as "two barrels of oil" and "four major banks", but the fuse mechanism should not be abused in individual stocks. As far as the index is concerned, it may be appropriate to set a melting point of 6%, that is, when there is a 6% decline in the Shanghai Composite Index or the Shanghai and Shenzhen 300 Index, trading will be suspended for a period of time to give the market a cooling-off period, so that investors can fully digest market information and prevent irrational large fluctuations in the market. (Reporter Chen Kangliang)

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The configuration performance of is a point that consumers pay more attention to. The strength of the car still needs to be understood before we know, so let’s take a look.

Let’s take a look at the appearance of the BMW i4. The design of the front of the BMW i4 is very sharp and looks more fashionable and dynamic. At the same time, the headlight presents a simple and generous design style, which can win the love of young people. The car is equipped with LED daytime running lights, automatic opening and closing, adaptive far and near light, delayed closing and so on. Come to the side of the car, the car body size is 4785MM*1852MM*1455MM, the car uses sharp lines, the side gives a very sharp feeling, with large-sized thick-walled tires, the overall visual effect is very sharp. Looking back, the rear of the car looks very comfortable, the taillight style is simple, and the overall layout is impressive.

Inside the BMW i4, the interior design of the BMW i4 is very elegant, highlighting the layered effect. The steering wheel shape of the car is eye-catching, and it is made of genuine leather. Its practicality and face value are not bad. Take a look at the central control. The car is equipped with a clean and refreshing touch-control LCD central control screen, which makes the interior design quite layered and gives people a feeling full of angular edges. The dashboard and seats give people a good feeling, too. Let’s take a look. The dashboard design is remarkable and it looks very deep. The car uses leather seats, which are wide and thick, and the overall ride feels soft and comfortable.

BMW i4 matches the gearbox, with an acceleration time of 3.9s per 100 kilometers, and the power is completely OK for daily use.

The car is equipped with car networking, driving mode selection, remote control key, interior ambient light, traction control (ASR/TCS, etc.) and other configurations. The configuration performance is quite good, bringing drivers and passengers a comfortable car experience.

This car performs well in terms of space and configuration. As for the design, everyone has everyone’s aesthetics. You might as well go offline to feel it more on weekends.

I’ll bring this one to you today. Let’s take a look at its performance.

First of all, from the appearance, the design of Changan Auchan Z6 front is very simple and fashionable, and looks more fashionable and dynamic. Combined with dynamic headlights, the visual effect is good. The car is equipped with LED daytime running lights, automatic opening and closing, adaptive far and near light, delayed closing and so on. Come to the side of the car, the car body size is 4699MM*1890MM*1660MM, the car uses rounded lines, and the side circumference gives people a very simple feeling. With large-sized thick-walled tires, it gives people a very fashionable and dynamic feeling. Looking back, the rear of the car looks avant-garde, and the taillights give people a very solid feeling. Coupled with the unique exhaust pipe, the shape is more fashionable.

Sitting in the car, the interior design of Changan Auchan Z6 looks more stable and functional. The steering wheel of the car is eye-catching, made of leather, and the shape is very fighting. Let’s take a look at the central control panel with 12.3-inch touch-sensitive LCD, which makes the interior style impressive and the overall design of the central control panel is very good. Let Xiaobian introduce the dashboard and seats. The dashboard design is remarkable and looks more spiritual. The car adopts leather-like seats, equipped with functions such as electric adjustment with memory in the auxiliary seat, electric adjustment with memory in the seat, and seat proportion tilting, which is basically enough for daily use.

Changan Auchan Z6 is matched with an automatic manual transmission (AT) gearbox, with a maximum power of 171KW and a maximum torque of 390N.m, with good power performance.

In addition, the car is equipped with car networking, driving mode selection, remote control key, Bluetooth key, rear wiper, interior atmosphere light and other configurations.

The SUV has an atmospheric appearance, good spatial performance and high cost performance. I wonder if you are interested in it. Today, you can go to the 4S shop to experience this car.

Today’s automobile market is full of flowers, and there are so many choices that consumers don’t have to be confined to a certain level when buying a car. What I bring to you today is a-. Let’s get to know each other.

Let’s take a look at the appearance of KIA EV5. The front face of KIA EV5 is clean and refreshing, and it looks sporty. Combined with the headlights, it looks quite angular. The car is equipped with LED daytime running lights, automatic opening and closing, adaptive far and near light, delayed closing and so on. Coming to the side of the car, the body size of the car is 4615MM*1875MM*1715MM. The car adopts tough lines, and the side circumference looks very soft. With large-sized thick-walled tires, it gives people a cool feeling. At the rear of the car, the overall shape of the rear of the car echoes the front of the car, and the taillight style is sharp and neat.

After getting into the car, the interior design of KIA EV5 took a clean route, highlighting the hierarchical effect. The steering wheel of the car is well designed, made of imitation leather, and the visual effect is good. Take a look at the central control, the car is equipped with a touch-sensitive LCD central control screen, which makes the interior design quite layered, and the details are still in place. Let Xiaobian introduce the dashboard and seats. The dashboard design is remarkable and the display effect is excellent. The car adopts leather-like seats, equipped with electric adjustment of auxiliary seats, electric adjustment of seats with memory, seat proportion tilting and other functions, which has good support and comfort.

Kia EV5 matched gearbox, 160KW, 310N.m, with good power performance.

It is still no problem to put two luggage bags in the trunk of KIA EV5, and the rear seats can’t be laid down, which is a pity. At the same time, the car is equipped with fatigue warning, anti-lock braking (ABS), LED daytime running lights, brake assist (EBA/BAS, etc.), brake force distribution (EBD) main driver airbag, co-pilot airbag, side airbag curtain, front side airbag and other safety configurations.

This class of cars is usually the first choice for most people. First of all, the price is not expensive, and secondly, all the configurations are quite complete, which is still very worth starting with. You can learn more about what you like!

　　Speaking of the B-class car market, most people will think of SAIC Volkswagen Passat first. After all, in this market segment, Passat’s spatial attributes can be compared. Unless it is a luxury car, there are really few rivals. In the face of market demand, SAIC Volkswagen Passat is also constantly improving product quality. Not long ago, the 2023 Passat was officially listed. In this regard, what adjustments have been made to this 2023 Passat? Let’s take a look at it below.

　　SAIC Volkswagen announced the official launch of the 2023 Passat, and launched 9 models of 1.4T and 2.0T low-power engine powertrains, with the price range of 18.19-23.39 million yuan. On the basis of continuing the 2022 model, a 280TSI Star Elite version has been added, and two optional body colors, elegant white and crystal diamond silver, have been added.

　　The design has not changed, but only some details have been adjusted. On the whole, it is still quite satisfactory, retaining the original feeling of calm, low-key and luxury. The layout of the front face maintains the original model, but it is divided into conventional dot matrix layout and starry front face. Compared with the 2022 model, the decoration of chrome trim strips is reduced and the simple design style is restored. Matching the penetrating headlight group, daytime running lights extend to both sides of the front face, which has high recognition.

　　The length, width and height of the 2023 models are 4948×1836×1469 mm and the wheelbase is 2871mm respectively. The alloy wheels with 18-inch silver-black two-color design are full of movement.

　　A penetrating taillight group is applied at the rear of the car, and the interior of the taillight is designed with a horizontal light strip. The tail still uses a hidden exhaust system.

　　The interior has not changed, and it is still a family-style design language, calm and atmospheric, with three flat-bottomed multi-function steering wheels. This aspect has changed, and the latest style of Volkswagen has been adopted. 10.2-inch full LCD instrument panel and 9.2-inch central control display screen, intelligently support mobile phone interconnection mapping, voice recognition control, OTA upgrade and so on.

　　According to the different configuration and price of the new car, the seats are made of imitation leather and genuine leather fabrics for everyone to choose from. The electric adjustable seats, front seat heating, and adjustable buttons in the back of the co-pilot seat are the standard of this new car.

　　Section 2023Saic VolkswagenPassatofAdd configuration

　　Elite Edition/Star Elite Edition is equipped with parking automatic folding rearview mirror and ACC adaptive cruise; Deluxe Edition/Star Deluxe Edition adds 360 panoramic images, IQ. Smart car coupling system, electric trunk lid (induction opening), and provides HUD, Harman Kardon advanced audio and lane change assistance system as options.

　　The 2023 Passat is equipped with two kinds of power including 280TSI(1.4T) and 330TSI(2.0T low power). The maximum power is 110kW(150 HP) and 137kW(186 HP), and the peak torque is 250Nm, 320Nm and 350Nm respectively, matching the 7-speed dry dual-clutch gearbox and the 7-speed wet dual-clutch gearbox.

　　Generally speaking, the redesigned 2023 SAIC Volkswagen Passat is a new engine model with a variety of power options. The front McPherson independent suspension, the rear multi-link independent suspension, and the relatively compact chassis enable Passat, which is close to 5 meters long, to stably control the body posture when making an emergency turn. Will you be interested in this 23 Passat? Interested parties can go to the store for a test drive.

　　(Source: Look at the headline network)

In recent years, car companies and technology companies have cooperated to build cars from time to time. Ali and SAIC, Huawei and Changan, Baidu and Geely, etc., all show complementary advantages to a certain extent.

A few days ago, the new brand jointly created by Geely and Baidu officially went on the market. The first model is extremely 01. This product is positioned as a medium and large pure electric SUV with a price range of 219,900-309,900 yuan.

Extreme Yue 01 photo/Shell Finance reporter Bai Haotian

Combining the dual experience of Geely and Baidu, can Extreme Yue 01 show a different side than other competitors in the market? Shell Finance reporter was invited to test drive this new car.

Rich in configuration, some functions are highly integrated and creative, but users still need to adapt.

In terms of appearance, Extreme Yue 01 has adopted its own design concept, its length, width and height are 4853/1990/1611 mm respectively, and its wheelbase is 3000 mm..

Because the vehicle is built on Geely’s vast platform, its width is close to that of Krypton 001, and the width of Krypton 001 reaches 1999 mm, which is high in the market. In terms of height, although the Extreme Yue 01 is higher than the average car, it is still slightly lower than the Star Yue L (the height of the car is 1689 mm), another main SUV of Geely.

This ratio makes the vehicle look lower. Although it is an SUV, it has a strong sense of crossover, with a drag coefficient of 0.249. In the real experience, the rear leg space of the vehicle is close to that of a medium-sized car, which may be related to the longer cushion length.

In the design, a large number of soft leather and soft plastic packages are used in the ultra-Yue 01, with very few plastic parts, and the overall materials are relatively solid.

Extreme Yue 01 Interior Photo/Shell Financial Reporter Bai Haotian

In terms of configuration, the new car uses frameless doors, push-button door handles, electric suction doors, electric lifting tail fins, Qualcomm 8295 intelligent cockpit chips, NVIDIA DRIVE Orin chips, suspended headrest, ROBO SOUND sound sound system, etc., which are rich in configuration in the same price model.

It is worth mentioning that, like brands such as Tesla, the ultra-Yue 01 car adopts the avant-garde interior design concept, with almost no physical buttons, and a large number of functions are concentrated on the central control screen. On this basis, the steering lever of the vehicle is cancelled and the function is integrated into the steering wheel button. This design is innovative and bold, but for users, it may need to adapt gradually from the operation and concept.

Thanks to Baidu’s blessing, the voice-controlled car of Extreme Yue 01 has strong recognition ability, and many functions can be completed by awakening intelligent robots. In addition, Extreme Yue 01 supports off-line voice communication, and even if there is no signal, the voice assistant in the car can interact with the driver.

The driving performance is stable, and the auxiliary driving function does not lose competing products.

Although Extreme Vietnam has many avant-garde scientific and technological ideas, it is not a "flower shelf". On the basis of Geely’s car-making, the driving and control experience of Extreme Yue 01 gives people a sense of reliability.

As we all know, Geely Automobile has acquired many internationally renowned automobile brands, including Volvo and Lotus. With the feedback of these technologies, the acceleration of the switch pedal is very linear.

Extreme Yue 01 photo/Shell Finance reporter Bai Haotian

According to different models, the Extreme Yue 01 has single-motor and dual-motor versions. The former has a maximum power of 200 kW and a peak torque of 343 Nm. The latter has a maximum power of 400 kW and a peak torque of 686 Nm.

During the test drive, the single motor system of Extreme Yue 01 can provide powerful explosive force.

Although the car is nearly 2 meters wide, the steering and handling experience of this product is not bad during the test drive, and it is not difficult in the process of reversing into the warehouse.

Geely’s car-making foundation shows a certain competitiveness, and the more it relies on Baidu’s intelligent driving system, it is not inferior to other technology companies.

Based on Apollo’s high-order automatic driving ability, Jiyue 01 can realize the functions of automatic following, overtaking and avoiding large vehicles on Fushi Road Expressway. According to the official introduction of the company, at present, vehicles can carry out advanced intelligent driving on more than 90% highway sections, and some cities have opened advanced intelligent driving in urban areas. At the end of the month and in 2024, Extreme Yue 01 will apply advanced intelligent driving to more cities.

Extreme Yue 01 photo/Shell Finance reporter Bai Haotian

In addition, the ultra-cross 01 can also realize automatic parking, automatic wayfinding parking in the parking lot and voice wake-up outside the car to leave the parking space. The driver can talk to Extreme Crossing 01 outside the car, and commands such as opening the car door and leaving the parking space can be executed.

Beijing News Shell Finance Reporter Bai Haotian Editor Yue Caizhou Proofread Zhu Mingxian

Tesla (NASDAQ：TSLA) released its 2014 financial report last week. Optimists and bears are trying to figure out the company’s past performance, current situation and future prospects through financial reports, and their behavior may prove one thing — — Can Tesla match its market value of $26 billion? Of course, there is also a possibility that Tesla’s life is more difficult. Tesla’s shares fell sharply on Monday, reaching below $200 per share. At its peak in September 2014, Tesla’s share price was $291 per share.

In a report released today, Barclays said that things are really not as good as they seem. The bank adjusted Tesla’s target price to $190 in a recent report on Tesla.

According to the author of the report, Tesla is successful only in terms of its subversion and innovation in the traditional automobile market. However, we need to understand Tesla from different angles, including recent income statement, company inventory and how to deal with used cars.

Tesla pointed out many problems that Tesla faced in this financial report. Among them, the most unforgettable thing is Tesla’s charging network problem.

The financial report pointed out that "our charging network development plan requires a lot of capital investment and management resources, which may not meet our expectation of selling more Tesla products." Tesla also pointed out that the development of Tesla stores and service centers also requires a lot of money.

Imagine, how many car companies are committed to building infrastructure for these cars to run? At least those car companies that are leading in electric vehicles and can be called Tesla’s competitors claim to build a charging network. However, traditional car companies like BMW and Volkswagen still have a long way to go before electric vehicles surpass Tesla, and Tesla has established a huge network of super charging stations in the United States and Europe and is expanding in China.

Tesla recently said in its official blog that Tesla has built 2000 super charging stations around the world.

Up to now, the design and production of cars are still very difficult, and a lot of financial support is needed, especially for innovative cars like Tesla. In addition, Tesla needs a lot of money to build a charging station to replace the traditional fuel car gas station. If you are a traditional car manufacturer, you may have been shaking with fear. Imagine that GM should build a traditional fuel gas station from scratch, starting from the United States, then to Europe, and then to China … …

You may not want to face such cruel reality every day! However, in the next few decades, Tesla will not only develop new models, but also face such a huge challenge as developing charging networks. It can only be said that the business of this company is not just as simple as cars.

Attachment: Global Distribution Map of Tesla Charging Network Construction in 2016

　　The long-term positive trend of China’s economy has not changed and cannot be changed. It is constantly shifting from high-speed growth to high-quality development, and the old and new kinetic energy are continuously converted. The short-term economic operation may fluctuate and be unstable in stages, but in the whole development process, it will have ten trend changes, which determines the potential and future prospects of China’s long-term economic development.

　　First, the final consumption expenditure growth has become the first driving force for economic growth.

　　From 2014 to 2018, according to the demand expenditure method, among the three major demand growth: fixed capital formation, final consumption expenditure and net export of goods and services, the final consumption expenditure growth has become the first driving force for China’s economic growth for five consecutive years.

　　Moreover, the popular and wave-free consumption of some consumer goods is turning to the pursuit of high-quality, differentiated and diversified selective consumption. In 2018, the total retail sales of consumer goods in China was 38.1 trillion yuan, up 9.0% over the previous year. Although the growth rate slowed down by 1.2 percentage points over the previous year, the contribution rate of the overall final consumption growth (including service consumption) to economic growth was 76.2%, up 18.6 percentage points over the previous year.

　　Second, the consumption structure is advanced: the proportion of service consumption in household consumption is rising.

　　In recent years, the Engel coefficient of urban and rural residents in China has dropped significantly. In 2017, food consumption expenditure only accounted for about 28% of the total expenditure of urban residents, and only accounted for about 32% of the total expenditure of rural residents. The growth of consumption expenditure has increasingly turned to other consumption fields.

　　Compared with commodity consumption, service consumption has maintained a faster growth. Tourism, culture, sports, old-age care and domestic service consumption are very active. According to the Ministry of Commerce, service consumption accounted for 49.2% of household consumption in 2017, an increase of 5.2 percentage points over 2012. In 2018, the proportion of service consumption reached 49.5%, an increase of 0.3 percentage points over the previous year, which also explained the decline in the growth rate of total retail sales of consumer goods in China in 2018. Internationally, in 2018, the proportion of service consumption in the United States reached 68.9%, and other developed countries were 59.4% in Japan, 58% in Britain, 54% in France and 52% in Germany. China accounts for 49.5%, which is close to German and other continental European countries.

　　Third, production and consumption upgrading: production inputs are scientific and digital.

　　In 2018, the expenditure on national research and experimental development (R&D) increased by 11.6% over the previous year, and the ratio to GDP was 2.18%, an increase of 0.03 percentage points over the previous year. At the same time, data becomes a new factor of production and is consumed. In the era of digital economy, the role of data in economic activities is becoming more and more important. It can not only help people to better organize and plan production and operation, but also make effective judgments and predictions. Moreover, it becomes a direct input factor in artificial intelligent manufacturing. In many fields of production and management, it has been regarded as a new factor of production. As early as October 9, 2016, the Political Bureau of the Communist Party of China (CPC) Central Committee had a collective study on the implementation of the strategy of strengthening the country through the Internet. On December 8, 2017, the Political Bureau of the Central Committee once again conducted collective study on "Implementing the National Big Data Strategy", and proposed "Building a digital economy with data as the key element", which made it clear that data is a production factor. The amount of data generated and stored in the world has increased dramatically, and it is estimated that it will reach 44 trillion GB by 2020. The amount of data generated in China will account for nearly 20% of the total global data. As of 2017, the United States has 44% of the world’s large data centers, and the number of large data centers in China is second only to the United States. In the next few years, with the completion of a number of innovation platforms in the field of big data, 13 national big data laboratories will have their own achievements in different fields, providing support and services for related technological innovations in the field of big data.

　　Fourth, the digital economy has become a new industry and opened up new fields in the network market.

　　At present, applications based on new technologies such as Internet, Internet of Things, big data and cloud computing are increasingly entering social production and exchange, resulting in digital media, e-commerce and e-financial services, and many new products, industries and formats. The Internet is changing the production and lifestyle of human beings. According to the World Internet Report 2017, 22% of global GDP is closely related to the digital economy. In 2016, the total scale of China’s digital economy reached 22.58 trillion yuan, ranking second in the world, accounting for 30.3% of China’s GDP. According to the World Internet Report 2018, by 2018, the global Internet users had reached 3.6 billion, more than half of the global population. The number of users in cmnet was 753 million, an increase of 8% over the previous year in 2017, and the use of mobile data increased by 162% year-on-year. In the China market, online entertainment (long and short videos and mobile games), new retail and mobile payment have all made further development, and China is becoming a global Internet giant center.

　　The opening of new fields of digital economy and network market has posed new challenges to modern economics and statistics. The concept of total retail sales of social consumer goods provided in short-term economic operation statistics can no longer reflect the whole picture of household consumption. Data input factors have not yet entered the PPI price index statistics; The concept of fixed capital formation or fixed assets investment can no longer accommodate the investment in production and production tools in the network field; The direct exchange value and consumption value of online market also failed to enter the current statistical system; The concept of "gross domestic product" in modern economics can no longer accommodate and cover the economic activities of the whole society and the creation of total social output in the new era. Paying too much attention to the increase or decrease of 0.1 or 0.2 percentage point of GDP will make us fall into the misunderstanding of observing the economic situation.

　　In October, 2016, General Secretary of the Supreme Leader stressed that it is necessary to increase investment, strengthen the construction of information infrastructure, promote the deep integration of the Internet and the real economy, speed up the digitalization and intelligentization of traditional industries, make the digital economy bigger and stronger, and expand new space for economic development. In March 2017, the "Government Work Report" first proposed to accelerate the development of the digital economy. In October of the same year, the digital economy was written into the report of the 19th National Congress of the Communist Party of China. Developing digital economy has become a national strategy. At the China International Import Expo on November 5, 2018 and the APEC meeting on November 18, the Chairman of the Supreme Leader emphasized that all countries should seize the opportunities brought by the new round of scientific and technological revolution and industrial transformation and strengthen cooperation in frontier fields such as digital economy, artificial intelligence and nanotechnology to jointly create new technologies, new industries, new formats and new models. Digital economy is the future development direction of Asia-Pacific and even the world.

　　Five, high-end manufacturing and intelligent manufacturing change the industrial economic structure.

　　In 2018, the National Development and Reform Commission issued the "Three-year Action Plan for Enhancing the Core Competitiveness of Manufacturing Industry (2018-2020)", and organized and implemented special actions for the industrialization of key technologies in key areas such as rail transit equipment, high-end ship and ocean engineering equipment, intelligent robots, smart cars, modern agricultural machinery, high-end medical devices and medicines, new materials, manufacturing intelligence, and major technical equipment.

　　In recent years, the new kinetic energy of manufacturing industry has been gradually enhanced. The high-end equipment manufacturing industry represented by high-speed rail and large aircraft, and the high-tech industry represented by information technology have maintained a rapid growth trend. Wind data shows that in 2018, the added value of high-tech industries, equipment manufacturing industries and strategic emerging industries increased by 11.8%, 8.3% and 8.8% respectively, and the growth rate was faster than that of industrial output above designated size. The new kinetic energy promotes the optimization of the kinetic energy structure of the traditional economy. In 2018, the proportion of high-tech manufacturing industry in industries above designated size reached 14.4%, an increase of 1.4 percentage points year-on-year; Investment in high-tech manufacturing industry increased by 16.1% year-on-year, and the growth rate was 6.6 percentage points higher than that of all manufacturing investment.

　　At the same time, intelligent manufacturing has become a new trend of high-quality development of industrial economy. In July 2017, the State Council officially issued the "New Generation Artificial Intelligence Development Plan"; In November 2018, the "Work Plan for Revealing the Key Tasks of New Generation Artificial Intelligence Industry Innovation" issued by the Ministry of Industry and Information Technology proposed that by 2020, China will reach or approach the international advanced level in key technologies, computing power, communication capabilities, and standards related to vehicle intelligent platforms. In 2019, the "Government Work Report" proposed "smart+"; On March 19, 2019, the seventh meeting of the Central Committee for Comprehensively Deepening Reform reviewed and approved the Guiding Opinions on Promoting the Deep Integration of Artificial Intelligence and the Real Economy, and proposed to build an intelligent economic form that is data-driven, man-machine collaboration, cross-border integration and sharing. This means that the pace of promoting artificial intelligence to empower and upgrade traditional industries in China has been greatly accelerated. It can be predicted that artificial "intelligence+"will become an important direction of manufacturing development in the future, and will also become a new kinetic energy engine to accelerate the development of emerging industries.

　　The application exploration of artificial intelligence in manufacturing industry is forming four typical application modes. One is to improve manufacturing efficiency, the other is to optimize production technology, the third is to optimize supply chain management efficiency, and the fourth is to improve after-sales operation and maintenance value. With the deepening of technology application, the coupling of capital investment is also increasingly strengthened. Driven by technological breakthroughs and application requirements, artificial intelligence technology has stepped out of the laboratory, accelerated its penetration into various fields of the industry, and greatly improved its industrialization level. In this process, capital has played an important role as an accelerator of industrial development. In the first half of 2018 alone, the global financing scale in the field of artificial intelligence reached 43.5 billion US dollars, of which the investment scale in China reached 31.7 billion US dollars, accounting for more than 70% of the world. At the same time, artificial intelligence has been widely used in intelligent robots, drones, finance, medical care, security, autonomous driving, search, education and other fields. Among them, autonomous driving is one of the most promising landing areas in the field of artificial intelligence. Traditional domestic automobile companies such as FAW, SAIC, BAIC, Chang ‘an and Dongfeng have invested heavily in intelligent and autonomous driving.

　　Six, the supply of some public goods has become a new service industry.

　　The report of the 19th National Congress of the Communist Party of China pointed out that the main contradiction in our society has been transformed into the contradiction between the people’s growing need for a better life and the unbalanced development. People’s basic needs for food, clothing, housing and transportation have changed to more needs for fairness, environment and various public products and services.

　　In cities, insufficient development is the main problem. Mainly for the lack of public products and public services, not excellent. The so-called public goods generally fall into two categories. The first category is transportation, urban infrastructure, water, electricity and heat; The second category is science, education, culture, health and sports insurance (insurance). These products are in short supply or poor quality, so they cannot meet everyone’s needs for a better life. In the case that the supply of these products and services depends entirely on government input, it can only lead to insufficiency or inferiority. Therefore, market mechanism and competition mechanism should also be introduced into the supply of some public goods. The supply of public goods and public services should give consumers choices, and the pricing of public goods should be flexible, so as to attract more social capital into the production and supply of public goods and form new industries. In the primary stage of socialism, public goods have different degrees of welfare and different degrees of commodity, so they should be properly classified, treated differently, specifically implemented and priced differently to attract social capital investment and alleviate the shortage of government investment.

　　For example, in the fields of education and medical care, the welfare should be guaranteed by the government, and the commodity price should be guided by the government to regulate the market. The health industry is an emerging industry that integrates medical treatment, rehabilitation, old-age care, leisure and tourism. In western developed countries, the health industry is the second largest industry after the financial industry. In 2017, the health industry in the United States accounted for 17% of GDP. China is stepping into an aging society, the proportion of middle-income groups in social strata is rising, and the demand for health is growing. It is necessary to combine the supply of public services such as medical care and rehabilitation with the supply of competitive services such as leisure and tourism, allocate resources through market mechanisms, and create supply. Of course, the special industry formed by the supply of some public goods should not take profit as the sole purpose, and it has the characteristics of inclusiveness, but it also needs to solve the problems of investment return and commercial interests of enterprise development.

　　Seven, economic agglomeration in the Bay Area and urban agglomeration to form the scale effect of resource allocation.

　　China’s economy will gather in Guangdong, Hong Kong and Macao Bay Area, Shanghai and Yangtze River Delta Bay Area, Beijing and Tianjin and Bohai Bay Area, and become the growth pole of China’s economy. By 2016, the population, land area and port container throughput of Guangdong, Hong Kong and Macao Bay Area ranked first among the four Greater Bay Area cities in the world, with a total GDP of 1.38 trillion US dollars, second only to new york Bay Area. In North China, the sub-centers of xiong’an new area and Beijing will also be the signs of regional economic agglomeration. Master Plan of xiong’an new area, Hebei (2018— 2035) closely follows xiong’an new area’s strategic positioning, and proposes to orderly undertake the function relief of Beijing’s non-capital, optimize the pattern of land space development and protection, create a beautiful ecological environment, promote the integrated development of urban and rural areas, shape the features of the new district, create a livable and business-friendly environment, build a modern comprehensive transportation system, build a green and low-carbon city, build a world-class innovative city, and create a city of digital intelligence. The construction of xiong’an new area has attracted international attention. The Nihon Keizai Shimbun commented that the construction of a new city "xiong’an new area" is a grand plan put forward by China in 2017 as a "Millennium Plan". It will build a smart city using a new generation of cutting-edge technologies, and the infrastructure construction will be completed by 2022. It is estimated that the population of the new district will exceed 2 million in the future. The estimated total investment is 2 trillion yuan.

　　With the construction of a number of central cities, urban agglomerations around central cities will rise, thus further accelerating the agglomeration effect of China’s economy and the scale effect of resource allocation.

　　Eight, the new urban-rural and regional relations shape a new division of labor and expand new exchanges.

　　The opposition between industrial production and agricultural production, and the opposition between physical and chemical economy and bio-economy were once the basic contents of traditional urban-rural exchange and urban-rural relations. Now and in the future, there will be subversive changes, and the development trend will be: big cities and economic core areas will focus on intelligent services (scientific research and development design, etc.), data and information, digital economy and public goods production; Small and medium-sized cities are dominated by industrial physical and chemical economy and labor service economy; Rural areas are dominated by bio-economy and eco-economy, forming a new exchange relationship among them. This not only provides a wider employment space for various labor factors, but also forms a more detailed and exquisite professional division of labor. The content of urban-rural and regional exchange relations is more diverse and there is more room for development.

　　At the same time, the development of urban rail transit provides greater convenience for the division of labor and cooperation between cities, and the phenomenon of "commuting" between cities is becoming more and more frequent, which means that the tradeability of service labor is further enhanced and the service trade is further expanded, and at the same time, it creates new foundations and conditions for the transformation and upgrading of service industry.

　　Nine, new opportunities for rural revitalization.

　　The strategy of rural revitalization put forward by the 19th National Congress of the Communist Party of China is to give priority to the development of agriculture and rural areas, establish and improve the system, mechanism and policy system of urban-rural integration development in accordance with the general requirements of industrial prosperity, ecological livability, rural civilization, effective governance and affluent life, and accelerate the modernization of agriculture and rural areas. This will become the general grasp of the work of agriculture, countryside and farmers in the new era. According to this strategy, agriculture must first become a human capital-intensive industry. It is necessary to professionalize agricultural management and cultivate a modern new peasant team. Encourage new farmers to actively participate in the construction of cooperation, credit and mutual aid organizations, so as to become modern and efficient commodity agricultural laborers and agricultural producers and operators. Secondly, we should support the popularization of agricultural scientific research and build a stable scientific and technological support system; Scientific research support and personnel training are the foundation of modern agriculture and an important way to solve the bottleneck constraint of resource elements, which need to be accumulated for a long time. Third, rural renovation is an important measure to promote rural revitalization. With the development of urbanization, the structure, layout and function of rural land use will change dramatically. It is difficult to adapt to this rapid change by relying solely on the land market, and the government needs to intervene in the form of law, planning and construction projects. China’s rural renovation should be given more complete functions as an important platform for implementing the rural revitalization strategy, and the combination of land renovation with agricultural scale management, rural tourism, infrastructure construction, landscape and environmental protection should be promoted. Fourth, to be a "new node" for small and medium-sized towns. To create "Living in the countryside and working in cities and towns "has promoted the development of rural areas." In the future, we should create conditions for the development of county towns and small towns in infrastructure investment, medical and educational resources layout and land index distribution. Work on the node of small cities and towns. Fifth, build beautiful countryside and develop ecological economy. Rural revitalization is not the revitalization of every village. In some natural villages, there has been a phenomenon of natural disappearance of young and strong labor force and large-scale land abandonment. We should promote their disappearance naturally, reduce the ratio of administrative villages to natural villages, and make land resources and construction funds more rationally allocated. On this basis, we will implement "village renewal" to improve the quality of rural life and build beautiful countryside. Implement rural construction marked by "toilet revolution" to improve the quality of livable life in rural areas. Through the implementation of village renewal projects, these villages will form a distinctive style and a pleasant ecological living environment, and promote the development of ecological economy.

　　X. China is more closely linked with the open world economy.

　　In the face of trade protectionism and the US trade war, China’s policy of opening to the outside world has not changed, and the steps of opening to the outside world have become more solid. China’s basic strategy to meet the challenge is to develop itself and overcome trade protectionism in building an open world economy. China has set up 12 free trade pilot zones, implemented more open trade and investment facilitation measures, and further expanded the opening of service trade. At the same time, it has explored new paths for deepening reform in the whole country, copied and popularized new experiences, and gathered new common interests with other countries in the world, which will become a new hub for China to connect with the open world economy.

　　In 2018, China ranked first in world trade in goods and second in service. Since 2013, the foreign investment of China enterprises has exceeded 100 billion US dollars, and it has stabilized at about 120 billion US dollars in 2018, and the stock of overseas investment has reached about 1,929.5 billion US dollars. China has become the third largest economy in the world with foreign investment, and it is the second largest economy if China and Hongkong are included. China’s economic ties with the world are hard to isolate. It is wishful thinking for American protectionist forces to try to decouple China’s economy from the world economy.

　　Since 2013, China has made continuous progress in jointly building the Belt and Road Initiative with relevant countries. In 2017, it implemented new investment in 57 countries along the route, with an investment of US$ 20.17 billion, up 31.5% year-on-year, accounting for 12.7% of foreign investment, up nearly 5 percentage points from the previous year. In 2018, new non-financial investment in countries along the route reached US$ 15.64 billion, up 8.9% year-on-year, and the proportion of foreign investment further rose to 12.8%. By the end of 2018, China-Europe trains had accumulated more than 13,000 trains, and the return rate increased by nearly 20 percentage points, reaching 49 cities in 15 countries abroad; 387 civil aviation routes reach 33 countries along the route. Financial cooperation continued to strengthen, with 11 Chinese banks setting up 71 first-level institutions in 27 countries along the route. Carry out joint financing cooperation with multilateral development banks such as African Development Bank, Inter-American Development Bank and European Bank for Reconstruction and Development. RMB clearing arrangements have been established in seven countries and regions along the route, and the RMB cross-border payment system covers 41 countries and regions along the route. People’s hearts are also deepening. Cultural cooperation agreements have been signed with more than 60 countries along the route, more than 300 cultural exchange implementation plans have been determined, 17 overseas China cultural centers have been built in countries along the route, and 85 overseas educational institutions and projects have been held in countries along the route. In deepening cooperation, we have continuously reached a new consensus on international economic and trade rules and reached 17 free trade agreements with 25 countries and regions.Although no bilateral investment agreement has been reached with the European Union, relevant bilateral investment agreements have been signed separately with many European countries.

　　In the future, China will further build and improve the "One Belt, One Road" information platform for foreign investment, and reduce the asymmetry of foreign investment information of enterprises. Reasonably guide the investment direction of enterprises in the Belt and Road Initiative, promote the transfer of superior production capacity to countries along the Belt and Road Initiative, improve the investment layout of enterprises in key industries and regions of the Belt and Road Initiative, improve the quality of investment in the Belt and Road Initiative, and achieve mutual benefit and win-win results with the host country.

　　(The author of this article is Pei Changhong, a member of Chinese People’s Political Consultative Conference and a professor at China Academy of Social Sciences. Source: Economic Daily)

The power is valuable, and the face value is higher. If it is the price, both can be thrown. There are many choices for gasoline +48V light mixing system cars, as we said today. Next, let’s see if its highlights can attract you with Xiaobian.

First of all, from the appearance, the front of the tank 300 looks cute and looks very dignified. At the same time, the headlight presents a young design style and looks very elegant as a whole. The car is equipped with LED daytime running lights, front fog lights, automatic opening and closing, adaptive far and near light, delayed closing and so on. Coming to the side of the car, the body size of the car is 4760MM*1930MM*1903MM. The car adopts simple and generous lines, which gives people a very fashionable and generous feeling. With large-sized thick-walled tires, it gives people a very domineering feeling. In the rear part, the rear looks tough, the taillights look very spirited, and the unique exhaust pipe is very domineering and stylish.

In terms of interior, the interior design of Tank 300 takes a dynamic route, which meets the aesthetic standards of young people. The steering wheel of the car is very in line with the interior style, and it is made of leather, which is not bad in practicality and value. From the central control point of view, the 12.3-inch central control screen is used for decoration, which makes the interior style impressive and looks quite spiritual. Finally, let’s look at the dashboard and seats. The dashboard design is remarkable and full of technology. The car uses leather seats, equipped with functions such as auxiliary seat electric adjustment, seat electric adjustment and seat proportion tilting, which improves the riding experience of drivers and passengers.

Tank 300 is equipped with car networking, driving mode selection, remote control key, Bluetooth key, rear wiper, interior atmosphere light and other configurations, which can be said to be quite satisfactory.

After reading this car, I believe you have a general understanding. The car introduced today is remarkable in terms of space, configuration and power, and home travel is also a good helper.