In the fourth quarter of this year, the central government will issue another 1,000 billion yuan of national debt in 2023. In order to promote the accurate and effective use of funds, the National Development and Reform Commission and the Ministry of Finance, together with relevant parties, are coordinating the implementation of national debt projects. In view of the problems of how to arrange the national debt projects that are most concerned by all sectors of society and how to bring benefits into play as soon as possible, CCTV reporters from the General Station conducted an exclusive interview with the relevant person in charge of the National Development and Reform Commission.

　　Additional issuance of national debt will enhance China’s disaster prevention, mitigation and relief capabilities.

　　The person in charge of the National Development and Reform Commission said that in recent years, Beijing-Tianjin-Hebei, Northeast China, Henan and other places have suffered from heavy rains and floods, and various extreme natural disasters have occurred frequently, exposing that there are still many shortcomings in the construction of infrastructure projects such as flood control and disaster relief, and it is urgent to increase investment.

　　Wang Xintong, Deputy Director of Regional Revitalization Department of National Development and Reform Commission:Focus on post-disaster recovery and reconstruction. Based on solving the people’s urgent difficulties and worries, we will promote the restoration and reconstruction of damaged houses, hospitals, schools and other public service facilities closely related to people’s livelihood as soon as possible, and simultaneously do a good job in the restoration and reconstruction of water-damaged infrastructure and industrial ecology, improve the production and living conditions in disaster areas, and effectively increase people’s happiness, sense of acquisition and sense of security. Effectively improve the ability of regional water security and the level of disaster prevention and mitigation.

　　According to reports, the proposed issuance of treasury bonds will further enhance China’s disaster prevention, mitigation and relief capabilities, enhance grassroots disaster prevention and avoidance capabilities, accelerate the improvement of flood control engineering systems in river basins, especially major river basins in northern China, and strengthen the planning and construction of urban flood control and drainage capabilities.

　　Qiu Tianchao, Deputy Director of the Rural Economic Department of the National Development and Reform Commission and First Class Inspector:Accelerate the construction of flood control projects such as reservoirs, dikes, flood storage and detention areas, build a modern rain monitoring network and an intelligent dispatching decision-making system, further improve the flood control engineering system of the river basin, especially the major rivers in the northern region, and improve the flood prevention capability of the river basin as a whole; On the other hand, while focusing on supporting North China, Northeast China and other places, all qualified damaged farmland will be restored and upgraded to high-standard farmland, and at the same time, the construction of high-standard farmland in the affected areas and other areas will be supported as a whole.

　　Treasury bond funds will be invested in projects with mature conditions and high quality.

　　What projects will the additional national debt be invested in? How to filter projects? The relevant person in charge of the National Development and Reform Commission said that the National Development and Reform Commission and the Ministry of Finance will, together with relevant departments, pay close attention to the implementation of treasury bonds to projects that meet the investment requirements, are mature and have high quality, accelerate the construction and implementation of treasury bonds, and give full play to the efficiency in the use of treasury bonds.

　　The funds for this additional issuance of treasury bonds will all be managed according to the project. The National Development and Reform Commission will implement the principle of "funds and elements follow the project" and work with the Ministry of Finance in conjunction with relevant parties to promote all the work as a whole.

　　Luo Guosan, Director of the Fixed Assets Investment Department of the National Development and Reform Commission:Give priority to supporting the national "Fourteenth Five-Year Plan" and the projects specified in the key plans of the State Council, relevant departments or localities. Through the project construction, the planning and implementation will be strongly supported, the intensity of post-disaster recovery and reconstruction will be intensified, and the ability of disaster prevention, mitigation and relief will be enhanced. On the other hand, for some areas that are mainly small-scale projects and have not yet made special plans, we should also work hard to formulate implementation plans and clarify the specific scope of support, construction tasks and support standards.

　　The person in charge said that the project needs to conform to the planning or implementation plan to avoid over-standard construction and redundant construction; It is necessary to meet the requirements of investment fields, accurately focus on post-disaster recovery and reconstruction, and improve disaster prevention, mitigation and relief capabilities. In addition, the project has to meet the requirements of mature preliminary work and matching the capital demand with the construction progress.

　　Luo Guosan, Director of the Fixed Assets Investment Department of the National Development and Reform Commission:In fact, we have arranged relevant work since September, and we have asked the local authorities to declare a number of projects. After screening, a number of projects basically meet the requirements. Now the local authorities are accelerating the preliminary work of the projects, and the construction can be started as soon as the funds arrive, so that the physical workload can be realized as soon as possible.

　　Establish a working mechanism for the implementation of additional national debt projects

　　At present, the National Development and Reform Commission and the Ministry of Finance have established a working mechanism with relevant departments to implement additional treasury bonds projects, so as to ensure that newly started projects can start construction as soon as possible, and projects under construction can form a large physical workload this year and next.

　　Qiu Tianchao, Deputy Director of the Rural Economic Department of the National Development and Reform Commission and First Class Inspector:At present, in accordance with the decision-making arrangements of the CPC Central Committee and the State Council, our National Development and Reform Commission, together with the Ministry of Finance and relevant departments, has formed a working mechanism for the implementation of the project of issuing additional treasury bonds, and has reached an agreement, and will soon carry out joint work to strengthen the project audit.

　　The person in charge said that all localities will be organized quickly, and a number of projects that meet the investment field, mature preliminary work and good economic and social benefits will be sorted out and submitted based on the national library of major construction projects; Pay close attention to the organization to carry out project screening and audit, select projects as soon as possible, issue project lists and arrange the amount. In addition, it is necessary to speed up the implementation of the project, and guide the local authorities to increase the project promotion in conjunction with the competent departments of various industries.

　　Wang Xintong, Deputy Director of Regional Revitalization Department of National Development and Reform Commission:This part of the funds is full of expectations, and the other is also implemented as an important political task, and some urgently needed projects are built to the letter.

　　In view of this additional issuance of treasury bonds, we will also strengthen supervision and inspection of the construction of treasury bonds projects and the use of funds through online monitoring and on-site supervision, so as to promote the smooth construction and implementation of the projects. Problems such as misappropriation of funds for treasury bonds projects will be seriously pursued in accordance with relevant regulations.

　　(Headquarters CCTV reporter Yue Qun Wu Hao Zhang Yizhen Gao Wei)

　　CCTV News:Under the background of complicated and changeable international trade environment and slow recovery of international investment, although some enterprises have moved their manufacturing bases from China to lower-cost areas, more investors are optimistic about the future development of China market.

　　In the process of moving towards the high end of the global value chain, where should China enterprises compete in the value chain? From "Made in China" to "Made in China", what efforts should be made? A number of business representatives discussed these issues in the column "On Tao".

　　Pang Guanglian, Secretary-General of China Petroleum and Chemical Industry International Capacity Cooperation Enterprise Alliance: In the process of this value chain reconstruction, some China enterprises have moved to Southeast Asia due to the increase of this cost, but recently we were in Zhejiang, and I recently visited more than 40 enterprises in Zhejiang. Many Zhejiang enterprises went to Vietnam and Cambodia, and after investing, they came back two years later, because China is the most complete among all industrial categories stipulated by the United Nations, with supporting infrastructure and industry.

　　You Feifeng, Chairman of Huafeng New Materials Company: From a long-term perspective, if we carry out some industrial transfer, it must be considered by some comprehensive factors, which is called comprehensive cost in our industry. Although it is said that low-end industries will inevitably move to some areas with lower comprehensive costs, some high-end industries may still develop further in some industries under the influence of such factors as being close to resources and some markets.

　　Pang Guanglian: But we must also see a trend now. The production focus of our entire petrochemical products has indeed shifted from west to east. Now China has occupied 39.4% of the world’s chemical production, which is close to 40%. According to BASF’s new CEO, it is possible that by 2030, the total output value of China’s chemical industry will occupy half of the whole world, and then a major change will take place.

　　Another is the focus of production, which gradually concentrates on the supply places of raw material production resources. In recent years, the flammable oil and gas in the United States has risen rapidly. As Mr. kadouri said yesterday, the total investment in the petrochemical industry in the United States in recent years has reached 230 billion US dollars, which is an amazing data. Many China enterprises, including those present here, are now choosing to invest in the Middle East, so now the whole world market is inseparable. You have me and I have you. Whether we let foreign-funded enterprises enter China or China enterprises go abroad, Chinese and foreign enterprises will cooperate with each other. This is the way to be king in the future.

　　You Feifeng: In the development of Huafeng for many years, it also relies on the introduction of some technologies from BASF and Kostron in China and the investment from their factories in China, which has provided us with some very stable help in the supply of raw materials for upstream resources.

　　In this process, Huafeng has sold some of our own products to BASF and Costron through years of development and some breakthroughs in its own products. Therefore, in the layout of the whole industrial chain, everyone is in a very high degree of cooperation and a state of common development and sharing development with all parties in the upstream and downstream of the industrial chain.

　　Lei Huanli, President of Kostron China: I think we are very happy from Kostron or myself, that is to say, we will continue to open wider to the outside world.

　　Second, I said that this openness is an ideological openness. This ideological openness is how to make these partners in each value chain stronger. We should do our duty as local residents or citizens. That responsibility means that we have some good practices and practices that we can learn from. We are willing to discuss with all partners in the value chain. This concept, which goes back to our company, is sustainable development. We should pay enough attention to the respect of resources, because resources are owned by everyone, shared by all and the earth, and we can’t squander them at will.

　　If we can work together and do this thing well together, I think it will be very, very good As a multinational company, we are deeply involved in this market. When we regard ourselves as a local market, we actually have this responsibility. We are also willing to fulfill this obligation and do this with our partners or with the government.

　　Yu Feng, Chairman of Honeywell China: Because Honeywell itself is a company with a sales volume of US$ 40 billion and a market value of more than US$ 100 billion, it has a large business in the world. We have some experience in so many businesses, and we also have many lessons, experiences and lessons to tell us. If an enterprise wants to be sustainable in a market, it must make use of its own advantages and the advantages of local partners, so win-win cooperation is the long-term direction in the future.

　　Second, there is another important method, that is, innovation. No matter how the value chain changes in the future, we must have our own original technology and depth. We must firmly believe that only depth will make this enterprise have a high level. Innovation costs money, and innovation needs lasting investment.

　　Therefore, my third suggestion must be management. We have some original inventions in the world ten years ago, and the market share in China is zero. Why? It’s not that the technology is bad, but that the price is too high and the cost is too high. Our cost is higher than the price that our customers in China can accept. So what should we do? Through management, these technologies have been localized and cooperated with local suppliers, and the cost has been greatly reduced. Therefore, these technologies have experienced triple-digit growth in China in the past few years. Therefore, as management requires efficiency, after improving efficiency, it will be fed back to our research and development and our innovation.

　　Happy new year, happy and auspicious. On the morning of January 27th, the Central Radio and Television General Station held a press conference on the Spring Festival Gala in 2022. The relevant person in charge introduced in detail a number of innovative highlights of this Spring Festival Evening.

　　Hard core technology brings all-round audio-visual enjoyment

　　In the innovative practice of building the strategic pattern of "5G+4K/8K+AI" in the Spring Festival Evening of 2022, a number of cutting-edge scientific and technological means were actively applied, making the Spring Festival Evening a big stage for the media scientific and technological innovation display of the Headquarters.

　　△ Jiang Wenbo, a member of the editorial meeting of the Central Radio and Television General Station, introduced the highlights of technological innovation in the Spring Festival Evening of 2022.

　　8K Ultra HD TV is the highest level TV standard in the world today. The main station is not only a participant in the formulation of this standard, but also a practitioner of its application. After a year’s efforts, the 8K ultra-high-definition TV standard of the main station has completed the construction of the full link system of 8K production, broadcasting, transmission and presentation. This year’s Spring Festival Gala will be broadcast live on CCTV-8K Ultra HD channel. At the same time, the city will be lit up through "100 cities and thousands of screens", and a brand-new spatial media communication matrix will be constructed by the integration of "8K ultra-high-definition channel+landmark big screen". It is worth mentioning that the audience can listen to the TV sound synchronized with the 8K ultra-high-definition big screen through the "100-screen Walkman" WeChat applet, so that people can enjoy the ultra-clear, colorful and vivid audio-visual feast in front of the outdoor big screen.

　　This year’s Spring Festival Gala used LED screen for the first time to create a 720-degree dome space, and the giant dome design made the audience and the main stage integrated. The LED screen of 4306 square meters constitutes a highly malleable three-dimensional broadcast space, which breaks through the space limitation. For the first time, the sound reinforcement system is designed by multi-point sound reinforcement in different regions, and the volume and time delay of speakers in each region are accurately controlled, creating a good listening environment for the audience.

　　In addition, there are 130 4K cameras in the studio hall. Through the real-time processing and production of the collected video stream, the wonderful free-view video content such as "time and space condensation" and "multi-dimensional transformation" can be watched continuously, which fully meets the audience’s personalized immersive viewing needs.

　　The main station also makes full use of XR, AR virtual vision technology, holographic scanning technology and 8K naked-eye 3D presentation technology to break through the time and space constraints and bring vivid stereoscopic images to the audience. The AI multi-modal moving capture system is used to collect the actor’s trajectory and figure, and the three-dimensional coordinates of the actor’s figure image are calculated in real time by AI algorithm, so that the digital model and the actor can complete the action performance synchronously, efficiently and accurately, and create a magical visual effect of virtual and real interaction.

　　The content is novel and unique, restoring the true nature of life

　　The 2022 Spring Festival Gala adheres to the main tone of "happiness, auspiciousness and jubilation", adheres to the creative principle of "keeping integrity, innovating and creating new colors", pays attention to the organic combination and mutual transformation of ideas, art and technology, and strives to show the real and simple life with rich program styles, and highlights the annual flavor of reunion, reunion and unity in a festive and warm atmosphere.

　　△ Wang Xiaozhen, member of the editorial meeting of the Central Radio and Television General Station and director of the editorial office, introduced the overall preparations for the Spring Festival Evening in 2022.

　　The whole party not only has many kinds of programs familiar to the audience, such as language, song and dance, folk art, magic acrobatics, etc., but also has creative programs full of innovative atmosphere and high-tech means, creating a strong atmosphere of family reunion and happiness, and at the same time showing the world the festive colors of China’s land to bid farewell to the old and welcome the new, and Chinese people around the world to welcome the traditional festivals.

　　Language programs immerse the heart, feelings and thoughts into daily life, and strive to show various life appearances through different observation angles. There are warm comedies that reflect the deep affection between father and son, the relationship between mother-in-law and daughter-in-law, stories that satirize dishonest behavior, and cross talk performances that imitate others … … Let everyone feel colorful life in knowing laughter.

　　Song-and-dance programs will use a series of affectionate works to show the true feelings and the beautiful picture of the times, and carry forward and inherit the excellent Chinese traditional culture. Among them, there are not only carefully created new tracks, but also well-known classic melodies, showing China’s innovative changes, beauty of the times and forge ahead in the new era.

　　△ 8K TV set displayed on site

　　This year’s Spring Festival Evening also paid special attention to inviting many famous old artists such as Li Xuejian to be present, and gathered in the studio with a group of young and middle-aged powerful actors to join the people of the whole country in bidding farewell to the old year and welcoming the new year.

　　Cross-screen gala

　　The "Spring Festival Evening Broadcast Matrix" forms a "blowing open the petals of ten thousand pear trees" trend.

　　The Spring Festival Gala has gone through forty years, which is the emotional sustenance and aesthetic enjoyment of the vast audience, and it is also a beautiful companion for family reunion. This year, the reception desk will launch "Watching the Spring Festival Evening with Vertical Screen" for the first time, providing a brand-new visual experience for the audience. The system will realize the mixed production and broadcasting of high-definition and 4K new media signals on the spot with lightweight and all-IP deployment, and the unified switching of horizontal and vertical screens, so as to realize the new mode of "cross-screen" live broadcast in the Spring Festival Evening of 2022. Users can independently choose fresh viewing angles through new media platforms such as CCTV video, CCTV news and CCTV literature and art, highlighting the youth and new vitality of the Spring Festival Evening.

　　In addition, a series of wonderful programs, such as While the Spring Festival Gala is Going on, The Year of Dragon and Tiger Leaping in China, The Legendary China Festival, will form a "Spring Festival Gala Broadcasting Matrix", which will extend the joy, auspiciousness and jubilation of the Spring Festival Gala to the whole Spring Festival holiday and accompany the broad audience to have a happy reunion year.

　　On New Year’s Eve, "Spring Festival Gala 2022" will be broadcast simultaneously on CCTV comprehensive channel, variety channel, Chinese international channel, national defense and military channel, children’s channel, agricultural and rural channel, Olympic channel, 4K/8K ultra-high-definition channel and other broadcasting frequencies, such as the sound of literature and art, the sound of music, classical music broadcasting, the sound of Greater Bay Area, the sound of the South China Sea, the sound of Taiwan and the sea, Chinese global broadcasting and China traffic broadcasting.

　　At the same time, CCTV video, CCTV news new media, CCTV network, cloud listening and other new media platforms are broadcast simultaneously. CGTN (China International Television) English, Spanish, French, Arabic and Russian channels and 44 foreign new media platforms will link more than 600 media in more than 170 countries and regions around the world to broadcast and report the Spring Festival Gala live.

　　Starting from the "new", give your heart and soul. The reception desk will use the next few days to polish every program carefully, and go all out to create a successful, wonderful and unforgettable Spring Festival Gala, and create a happy, festive and peaceful China Year with a well-cooked dinner. Let’s meet in the Spring Festival Evening and go to spring together!

During the Spring Festival holiday in 2025, the number of traffic trips exceeded 2.3 billion.

On the 5th, the reporter learned from the 2025 Spring Festival travel rush Comprehensive Transportation Work Class that during the Spring Festival holiday this year (from January 28th to February 4th), the cross-regional personnel flow of the whole society was 2,306.845 million.

Specifically, the passenger traffic by railway is 96.26 million, the passenger flow by road is 2,182.93 million (the passenger travel by non-operating passenger cars on expressways and provincial highways is 1,989.65 million, and the passenger traffic by road is 193.28 million), the passenger traffic by waterway is 9.413 million, and the passenger traffic by civil aviation is 18.2415 million.

On August 3rd, Netease Cloud Music and Tik Tok officially announced a cooperation to jointly build a "music+short video" content ecosystem. The two sides will strengthen the support and promotion of musicians and music works, explore the diversity of music, help more outstanding musicians and works out of the circle, and effectively increase the income of musicians.

Netease Cloud Music and Tik Tok will explore musicians’ support, music announcement, music copyright, music IP and other aspects, focusing on issues that musicians care about, such as creation, exposure, income, and work management, and give full play to the superior resources of their online music platforms and short video platforms.

Recently, we obtained the latest spy photos of the M8, which indicates that this new model is expected to meet the public at the end of this year.

As can be seen from the spy photos, this camouflage car is a 6-seat version, which is different from the previously guessed 5-seat version M9. Although the number of seats has changed, the overall shape and outline are highly similar to the current M9, including the body size, and there is no significant difference. The comparative analysis shows that the front face design of the new car is closer to the boundary M7, which is embodied in the straighter front cabin cover shape and the headlight edge shape similar to the boundary M7.

In addition, the vehicle in the spy photos adopts a short front suspension design, which is conducive to maximizing the utilization of internal space in a slightly reduced body size. In terms of details, the new car seems to have cancelled the roof rack and the roof lidar.

According to the spy photos that flowed out before, it is expected that the M8 will be equipped with taillights of the same style as the M9, and equipped with the same lamp programming function. The exposure of this information has undoubtedly increased the market’s expectation and curiosity about M8.

　　On Tuesday (April 2), Eastern Time, the second quarter of the US stock market seemed to have a bad start. The three major indexes of the US stock market fell across the board overnight. They all fell more than 1% in intraday trading, and the Dow fell nearly 400 points to a two-week low, the biggest daily decline in four weeks with S&P. The expectation of interest rate cuts in the first half of the year was frustrated, and the yield of US bonds rose again, which suppressed the market to some extent. However, the performance of gold is still strong and continues to refresh.

　　At the close, the S&P 500 index fell 0.72% to 5205.81 points; The Dow Jones index fell 1.00% to 39,170.24 points; The Nasdaq index fell 0.95% to 16,240.45.

　　In terms of US bond yield, the 10-year US bond yield once rushed above 4.4% to close at 4.36%, and the 2-year US bond yield, which is most sensitive to the Fed’s policy interest rate, closed at 4.70%.

　　Since Powell reiterated last week that he was in no hurry to cut interest rates, the market sentiment has not been high. And overnight, internal officials of the Federal Reserve once again consolidated this statement, and market sentiment was once again hit.

　　San Francisco Fed President Daley said that three interest rate cuts this year are a baseline forecast and can be increased or decreased if necessary. The former "big hawk" and Cleveland Fed President Meister also expect to cut interest rates three times this year, and it is not excluded to cut interest rates in June, and the reasons for cutting interest rates in May are insufficient; Both warned of the risk of cutting interest rates prematurely.

　　It is worth noting that the economic data of the United States even triggered speculation about whether the Fed will cut interest rates three times this year. The data released on Tuesday showed that the number of job vacancies in the United States has not changed much compared with the previous value, or it indicates that the labor demand is still stable at a high level in the high interest rate environment.

　　LPL Financial analysts pointed out that although the Fed does expect to cut interest rates sometime this year, the argument that interest rates will be higher for a longer period of time is playing a role again, so this worries the market. He also explained from another angle why the market will pull back. A healthy market really needs to pull back. The current trend is not necessarily a bad thing. The S&P 500 index has still risen by about 9% so far this year. Therefore, the market outlook still needs to keep a close eye on the US economic data.

　　On the enterprise side, Tesla released the latest car delivery data, which was not as good as the market expectation. The share price fell by 4.9% overnight, and it has fallen by nearly one-third during the year, and its market value has been erased by 260 billion US dollars. The data shows that Tesla’s delivery volume in the first quarter decreased by 8.5% year-on-year to about 386,800 vehicles, which was far lower than the analyst’s previous average expectation of 449,080 vehicles, which was the biggest worse than expected in history. During the same period, about 433,400 vehicles were produced, which was also lower than expected.

　　This is also the first time that Tesla has fallen below the 400,000-vehicle mark since the third quarter of 2022, a decrease of over 8.5% compared with the delivery of 422,875 vehicles in the first quarter of last year, recording the first year-on-year decline since the second quarter of 2020.

　　In the first quarter, Tesla faced a double blow of reduced demand for electric vehicles and high interest rates. Analysts had previously lowered their expectations for Tesla’s delivery. Some analysts pointed out that Tesla would experience the first year-on-year sales decline since the early days of the epidemic.

　　In addition, Tesla also faced many obstacles in the first quarter, such as the interruption of the supply of spare parts in the Red Sea caused by the attack of Houthi militia and the temporary suspension of production in the German factory. Although the next generation model is the key to growth, the production of this model is not expected to start until late next year, which means that the company may face the risk of slowing down growth before this.

　　[Hot stocks]

　　Among the popular US stocks, Microsoft fell by 0.74%, Google A by 0.60%, NVIDIA by 1.01%, Amazon by 0.16%, Apple by 0.70%, Meta by 1.23%, AMD by 2.53%, Arm Holdings by 2.07% and Netflix by 0.02%.

　　Due to the delivery of Q1 far less than expected, Tesla fell by 4.9%, and has fallen by nearly one-third during the year.

　　Global stock index

　　In the European stock market, the FTSE 100 index in Britain fell slightly by 0.22% to 7935 points. The French CAC40 index fell slightly by 0.92% to 8130 points. Germany’s DAX index fell 1.13% to 18,283 points.

　　In Asian stock markets, the Hang Seng Index rose 2.36% to 16,932 points. The index of state-owned enterprises rose 2.58% to 5961 points. The Nikkei 225 index fell 0.73% to 39,625 points.

　　[China Stock Market]

　　Nasdaq China Jinlong Index closed up 0.32%. In terms of popular Chinese stocks, Pinduoduo fell by 0.77%, TSMC by 0.88%, Weilai by 2.16%, Xpeng Motors by 2.26%, Alibaba by 0.61%, Baidu by 0.08% and Netease by 1.88%.

　　[foreign exchange commodities]

　　The US dollar index rose first and then fell, once standing above the 105 mark in intraday trading, and once fell to an intraday low of 104.67 during the US session, then rebounded and finally closed down by 0.19% to 104.81.

　　Gold futures for June delivery in the New York Mercantile Exchange closed up 1.09% at $2,281.80 an ounce, a record closing high, having risen to $2,297.70 an ounce in intraday trading. May silver futures closed up 3.39% at $25.923 an ounce.

　　Geopolitical risks have enhanced the attractiveness of gold, while traders have avoided the shadow cast by the strong economic data of the United States on the prospect of the Fed raising interest rates.

　　Oil prices continue to rise due to supply concerns. WTI crude oil rushed above $85 in intraday trading, rising more than 2% in the day, and continued to hit a new high since October last year, finally closing up 1.76% to $85.47/barrel; Brent crude oil also hit a new high since October last year, and finally closed up 2.12% to $89.27/barrel.

　　[Highlights]

　　The Fed reiterated that it is not in a hurry to cut interest rates, but it is still possible to start in June?

　　San Francisco Fed President Daley said that three interest rate cuts this year are a baseline forecast and can be increased or decreased if necessary. Regardless of changing the inflation target, the continuous rise in oil prices will become a problem; The former "Great Hawk" and Cleveland Fed President Meister also expect to cut interest rates three times this year, and it is not excluded to cut interest rates in June, and the reasons for cutting interest rates in May are insufficient; Both warned of the risk of cutting interest rates prematurely.

　　Job vacancies in the United States in February were slightly higher than expected

　　The voluntary turnover rate is the lowest since 2020, and the number of layoffs is the highest in nearly a year. The number of JOLTS vacancies in the United States in February was 8.756 million, slightly better than expected, and the value was revised down to 8.748 million before January. The voluntary turnover rate in February was 2.2%, the lowest level since 2020. Due to the increase in layoffs in the leisure and hotel industries, the number of layoffs has risen to the highest level in the past year.

　　Tesla’s quarterly delivery dropped for the first time in nearly four years, and its market value has evaporated by $260 billion in the year.

　　On Tuesday, Tesla Corporation, an American electric vehicle manufacturer, released a report on automobile production and delivery in the first quarter of 2024. According to the specific data, Tesla delivered a total of 386,810 vehicles in the first three months of this year, far below the analyst’s previous average expectation of 449,080 vehicles, which was the biggest worse than expected. This is also the first time that the company has fallen below the 400,000-vehicle mark since the third quarter of 2022, which is over 8.5% lower than the delivery of 422,875 vehicles in the first quarter of last year, recording the first year-on-year decline since the second quarter of 2020.

　　Intel’s report shows that the loss of its foundry business expanded in 2023.

　　In a document submitted by Intel on Tuesday, Intel said that the sales of its new manufacturing division, Intel Foundry, in 2023 were $18.9 billion, down from $27.5 billion in the previous year, and the operating loss increased from $5.2 billion in 2022 to $7 billion. It is estimated that the loss will reach its peak in 2024 and will be realized at the operational level "in the middle of now to the end of 2030". Intel shares fell more than 2% after the report was released. Intel’s entry into outsourcing chip production is one of the biggest transformations in the company’s history. CEO Pat Gelsinge’s recovery plan also includes restoring the company’s once impeccable technological advantage, which the chip giant lost in the years before he took office in 2021.

　　A major breakthrough in AI pharmaceutical! Stanford SyntheMol model develops new antibiotics

　　According to a report by Stanford Medical College on March 28th, researchers from Stanford Medical College and McMaster University have made important progress in this field. They have developed an AI model called SyntheMol, which can synthesize drugs and create formulas for chemists in the laboratory.

　　The model creatively designed six new drugs for drug-resistant bacterial strain Acinetobacter baumannii, which is one of the main pathogens causing antibiotic resistance-related deaths. The model not only created a new drug structure, but also provided a detailed formula for chemical synthesis, enabling chemists to synthesize these drugs in the laboratory.

　　Abbott’s heart valve repair system has been approved by FDA to provide patients with new treatment options.

　　On Tuesday, US medical and health company Abbott announced that its heart valve repair system has been approved by the US Food and Drug Administration (FDA), which is suitable for patients with potentially fatal heart disease. Abbott’s minimally invasive transcatheter TriClip repair system aims to treat tricuspid regurgitation (TR), which is a disease in which the valve between the right ventricle and the right atrium of the heart cannot be closed normally, resulting in blood reflux. Abbott has incorporated TriClip into its so-called "Fab 5" () equipment portfolio, which is expected to promote the company’s sales growth in the next few years, representing Abbott’s technological innovation and market leadership in their respective fields.

　　[financial calendar]

In the domestic auto market, if you are going to buy a car with a hybrid electric system, then this Japanese car with a very smooth technology is worth considering. If everyone’s budget is around 200,000, Nissan Qijun e-POWER, Honda CR-V e:HEV and Toyota Rongfang are all worthy of consideration. Below, we will interpret the selling points of the three models and the highlights of hybrid technology respectively. You can choose one according to the needs of car purchase.

1. Nissan Qijun e-POWER

The appearance of Nissan Qijun e-POWER adopts Nissan’s latest V-motion design language, and its shape is still very atmospheric, which conforms to the aesthetics of home users. The big sofa seat inside is very comfortable, and it is not easy to feel tired after sitting for a long time.

The intelligent configuration of this car is a highlight, especially the intelligent safety. It is equipped with an enhanced version of ProPILOT super intelligent driving, and has a number of intelligent driving assistance functions, such as reversing car side warning, moving object/pedestrian detection warning, over-the-horizon collision warning, etc. It can be said that car safety can be guaranteed in different scenarios.

In terms of power, Nissan Qijun e-POWER is composed of a 1.5T range extender and dual motors. Although it uses the engine to supply power to the motor just like the extended range system, the e-POWER is different from it, because the engine only has the job of "power supply" and the motor is responsible for all the driving forces. This has the advantage that the fuel consumption can be effectively reduced, and its minimum comprehensive fuel consumption is only 6.36L. At the same time, this technology does not need to be equipped with a large-capacity battery, so it will naturally not occupy the seating space.

In addition, this car is also equipped with Snow Fox electric four-wheel drive e-4ORCE, which has five driving modes such as snow and off-road. Because it is completely electronically controlled for four-wheel drive, the response is very fast, the control and tracking are also highlights, and the driving experience is more guaranteed.

2. Honda CR-V e:HEV

Honda Cr-V E: The appearance of HEV continues the design of the fuel version, with an atmospheric shape and a certain sporty atmosphere. The interior part is still introverted, with many physical buttons and convenient operation.

The biggest attraction of intelligence is the addition of Honda SENSING 360 safety extrasensory function, which can monitor the driver’s status and surrounding conditions in real time, and prompt and assist braking in time if potential danger occurs.

In terms of power, Honda CR-V e:HEV adopts the fourth-generation i-MMD dual-motor hybrid technology, which consists of a 2.0L engine and a drive motor. Compared with the previous-generation hybrid system, the fourth-generation i-MMD hybrid system improves the power of the drive motor, and the efficiency of the two-speed clutch is also higher, thus effectively reducing fuel consumption, and its comprehensive fuel consumption is only 5.49L, making it very easy to maintain a car. In addition, compared with the fuel version, due to the addition of the motor, the ride comfort of the model is more outstanding when starting and driving at low speed.

3. Toyota Rongfang Double Engine

The appearance of Toyota Rongfang twin engines is tough, and the interior part looks old-fashioned, but the materials are still willing, such as leather steering wheel and leather seats.

In addition, the new Toyota Rongfang dual-engine launched last year has improved the intelligent driving assistance system a lot, adding functions such as emergency steering assistance and active deceleration in corners to ensure smoother driving.

In terms of power, Rongfang Twin Engine adopts Toyota’s fifth-generation THS II hybrid system, which consists of a 2.5L engine and a motor. A major feature of this system is to replace the Ni-MH battery that has been used for many years with a lithium battery. In this case, the battery volume is greatly reduced, and the power control unit has also been lightened, and the comprehensive power has been improved to some extent.

At the same time, the addition of lithium battery reduces the energy loss of the motor by 19%, and the driving force of the motor is stronger. Not only is the power strong, the comprehensive fuel consumption is still economical, and the minimum fuel consumption is only 5.1L, so it is very easy to maintain a car. In addition, Toyota Rongfang dual-engine four-wheel drive technology is also worth mentioning. It has three four-wheel drive systems: electronic four-wheel drive, dynamic torque vector control system and dynamic torque control system. The output torque of the rear wheel is obviously improved, and the torque distribution ratio of the rear wheel is added, so that maneuverability and stability are guaranteed.

general comment

It can be seen that the compact SUVs blessed by the three hybrid electric power systems are very atmospheric in shape. Although the interior can’t keep up with the trend, it still has certain intelligent functions and comfortable configuration, and the power system is naturally the biggest highlight of the three joint venture vehicles. With the addition of the motor, driving can get better ride comfort, and the key fuel consumption is much more economical than that of similar oil vehicles, and the cost of car use can be effectively reduced. Which of the above three oil-mixed SUVs do you prefer?

　　Recently, Hu Yue, associate professor and doctoral supervisor of Huazhong University of Science and Technology, has caused a heated discussion because he published 60 SCI papers in five years.

　　According to the teacher’s personal homepage of Huazhong University of Science and Technology, Hu Yue received a bachelor’s degree in applied chemistry from East China University of Science and Technology in 2012 and a doctorate in chemistry from Edinburgh University in 2016.

　　In the same year, she joined Wuhan Photoelectric National Research Center of Huazhong University of Science and Technology, and has been engaged in theoretical and experimental research of photovoltaic materials for solar cells for a long time.

　　In self-introduction, Hu Yue mentioned that in the past five years, she has published more than 60 SCI papers, including 21 papers by the first correspondent, including 1 paper by Science, 1 paper by Joule and 1 paper by Advanced Materials. At present, there are 2 highly cited papers on ESI.

　　Nine groups of journalists found that in the statistical table of journal impact factors released in June this year, the impact factor of Science was 47.728, that of Joule was 41.248, and that of Advanced Materials was 30.849. Impact factor refers to the frequency with which articles in a periodical are cited in a specific year or period. Generally speaking, the higher the impact factor, the greater the influence of the journal.

　　Some netizens said that before Hu Yue joined Huazhong University of Science and Technology, there were only four papers by the first author, and one paper was output on average one month after joining the company, and his paper was suspected of "irrigation".

　　"Our teacher didn’t do anything wrong, but the mistake was too much exposure." On the afternoon of December 13th, han hongwei, the leader of Hu Yue’s research group and professor of Huazhong University of Science and Technology, responded to the reporter.

　　"Our research group has a large number of people and published many articles, which has caused some misunderstandings." Han hongwei said.

　　The leader of the research group responded: The mistake is that there is too much exposure.

　　"We didn’t expect the heat to be so high, and this matter was misinterpreted." Han hongwei said.

　　His office is next door to Hu Yue. On December 13th, he answered the phone all afternoon and walked in a hurry. Referring to Hu Yue, he said angrily, "Our teacher didn’t do anything wrong, but the mistake was too much exposure."

　　On December 8th, a post-90s doctoral supervisor was often recognized as a "teacher elder sister"! The introduction is very eye-catching! The article was reprinted by many media, allowing Hu Wei to enter the public eye. While gaining praise, Hu Yue’s resume also sparked heated discussion.

　　In the article, Hu Yue said that her grandfather graduated from Zhejiang University with a bachelor’s degree and a master’s degree, and she has been engaged in chemical-related work. Her interest in scientific research was enlightened by her grandfather. In 2008, Hu Yue was admitted to the School of Chemistry and Molecular Engineering of East China University of Science and Technology. In 2009, she joined the team of Academician Tian He and participated in the national innovative experimental program for college students to carry out research on "dye-sensitized solar cells". Therefore, some netizens speculated that Hu Yue relied on his grandfather to obtain academic resources.

　　On December 14th, Hu Yue responded in an interview with China Science News that his grandfather was a retired engineer of former Wuhan Chemical Industry Bureau, not an academician of Internet communication. According to public reports, Hu Yue scored 626 points in the college entrance examination that year, ranking first among Hubei candidates admitted by East China University of Science and Technology. With such good grades, she joined the Department of Science and Technology Excellence of East China University of Science and Technology, and had the opportunity to choose Professor Tian He as her tutor.

　　On the teacher’s personal homepage of Huazhong University of Science and Technology, Hu Yue briefly mentioned that in the past five years, she has published more than 60 SCI papers, including 21 first/correspondent papers. Including 1 science, 1 Joule, 1 advanced materials, 2 advanced energy materials, 2 advanced functional materials, 1 ACS energy letter and 1 energy & environmental science. At present, Google Scholar has cited more than 1,800 times, with an H index of 24, and 2 papers have been selected as highly cited papers in ESI.

　　Hu Yue’s research field. Network screenshot

　　Han hongwei explained why the number of Hu Yue’s articles is as high as 60: "As a teacher of the research group, we will collectively take a group of students to give guidance from different angles and different professional backgrounds. If the teacher contributes, we will write his name in." He added that apart from the first author, co-first author and correspondent, other teachers are only participants, and their contribution may be only 1% or 10%, and they are not responsible for the article.

　　According to WeChat official account, the official of Huazhong University of Science and Technology, at present, Hu Yue and Professor han hongwei have jointly trained five doctoral students and five master students independently. Three master students have graduated, two have entered Huawei and one has gone to Zhejiang University for further study.

　　"Our research group has a large number of people and published many articles, which has caused some misunderstandings." Han hongwei said.

　　He was promoted to associate professor in two years and became a doctoral supervisor in three years.

　　"Young" and "excellent" are Hu Yue’s most conspicuous labels. The short film "Chasing the Light — — In Hu Yue, Hu Yue said: "I am an associate professor and doctoral supervisor born in the 1990s. When I first returned to China, many students were even older than me."

　　During the undergraduate course, she studied with Professor Hua Jianli of East China University of Science and Technology and Academician Tian He. In the representative papers listed by Professor Hua Jianli in official website, East China University of Science and Technology, Hu Yue’s name appeared in the author list of six papers, and the publishing time was from 2014 to 2017.

　　In 2012, after graduating from Hu Yue University, he applied for a full scholarship with excellent results and entered the University of Edinburgh to continue solar cell research. In 2016, Hu Yue received his Ph.D. and joined Huazhong University of Science and Technology through the postdoctoral talent introduction program.

　　According to the upstream news report, there are four papers published by Hu Yue in 2016, which are neither the first author nor the correspondent author, and of these four papers, only one is more valuable, but it is not the top publication. Therefore, some netizens think: "At this level, if the postdoctoral experience is not gilded, it is difficult to get a teaching position in a school like Huake."

　　In this regard, Hu Yue said in an interview with China Science News that during her doctoral period, she published more than 10 papers, among which 6 were first authors or co-first authors. After graduating from Ph.D., she first entered Huazhong University of Science and Technology as a postdoctoral fellow and stayed at school after leaving the station.

　　Official website of Huazhong University of Science and Technology shows that Hu Yue went to Oxford University, London Imperial College London and Lausanne Federal Institute of Technology for cooperation and exchange for one or three months during his doctoral studies.

　　After entering Huazhong University of Science and Technology, the number of articles published by Hu Yue increased significantly. The reporter found in Google Academic Search that Hu Yue published 13 papers in 2017.

　　In 2018, she and associate professor Rong Guangguang of Huazhong University of Science and Technology and Dr. Mei Anyi published a paper as the co-first author, which was published in Science magazine, and the project also won the support of major research plan integration projects and key projects of the National Natural Science Foundation.

　　In the same year, Hu Yue was promoted to associate professor and became a doctoral supervisor in 2019.

　　The office door is covered with cartoon images.

　　At five o’clock on the afternoon of December 13th, the building of Wuhan Optoelectronic National Research Center in the east campus of Huazhong University of Science and Technology was full of busy students.

　　In the corridor, five students around the round table discussed the group work fiercely. A black boy wearing headphones came out of the laboratory and stared blankly out of the window. There were four graduate students at the corner of the stairs to define the division of labor for the next project presentation.

　　Hu Yue works on the eighth floor. In a row of offices, hers is the most special. The gray door is covered with the image of opening, an orange cat sticker is stuck by the door, and the stills of Naruto are skewed in the center, with two molecular formulas sandwiched between them.

　　Hu Yue’s office. Figure/Nine School News Ma Jieying

　　The reporter found that Hu Yue had only one project practice class recently.

　　Liu Yilin (pseudonym), a graduate student at the School of Optoelectronic and Information, Huazhong University of Science and Technology, said that Hu Yue spends most of her time in the laboratory, but recently, because of her graduation thesis defense, she rarely appears in this building. "I am not here these days." Liu Yilin said.

　　Liu Yilin’s impression of Hu Yue is "tenderness". Because they are not in the same research group, there is not much communication. The only communication between him and Hu Yue was when he defended his graduation thesis last year. At that time, as soon as he showed the results of his paper, Hu Yue asked a question about energy management, but Liu Yilin’s research direction was different from this. He didn’t answer it. "I was very nervous at that time, but the teacher was very gentle and didn’t answer it."

　　Opposite Hu Yue’s office is the student office, where several graduate students work. The computer screen of the girl sitting at the door is covered with experimental pictures, and there are unfinished English papers in the document.

　　A student from other research groups told reporters that she had read online queries and hoped not to interview Mr. Hu. "Teacher Hu is usually very kind to us."