🎞️ Life#
Weekend Riverside Walk#
Last weekend, I accompanied a colleague for an early morning gastroscopy. When we finished, it was around 10 o'clock, so we walked from the hospital to the riverside, heading towards Lujiazui. It was my first time taking the ferry, and I felt a bit dizzy. Finally, I took the subway back from the Apple flagship store.
Plog -> Vlog#
Recently, Douyin has become popular, and I tried making one on Jianying. Although it's simple, it is indeed better and more engaging, highlighting the main subject.
1.02 Copy open Douyin, check out [Siegward's works] # plog to vlog https://v.douyin.com/iFYu3WEj/ GiC:/ [email protected] 05/09
Two Sessions Government Work Report#
2024 Urban and Rural Residents' Basic Pension Monthly Minimum Standard Increased by 20 Yuan#
The government work report states that the monthly minimum standard for urban and rural residents' basic pension will be increased by 20 yuan, continuing to raise the basic pension for retirees and improving the nationwide coordination of pension insurance. The individual pension system will be implemented nationwide, actively developing the third pillar of pension insurance. (Xinhua News Agency)
2024 Per Capita Financial Subsidy Standard for Residents' Medical Insurance Increased by 30 Yuan#
The government work report states that the per capita financial subsidy standard for residents' medical insurance will be increased by 30 yuan. It promotes the coordinated development and governance of medical insurance, healthcare, and pharmaceuticals. It pushes for provincial-level coordination of basic medical insurance, improves the national centralized procurement system for medicines, strengthens the regular supervision of medical insurance fund usage, and implements and improves the settlement of medical treatment across regions. (Xinhua News Agency)
Launch of Second Round of Land Contract Extension for 30 Years After Expiration Province-wide Pilot#
The government work report states that it will deepen the reform of the rural land system and launch a second round of land contract extension for 30 years province-wide pilot after expiration. It will deepen reforms in collective property rights, collective forest rights, agricultural reclamation, supply and marketing cooperatives, etc., promoting the development of new rural collective economies. (Xinhua News Agency)
Comprehensive Cancellation of Foreign Investment Access Restrictions in Manufacturing#
The government work report states that it will continue to reduce the negative list for foreign investment access and comprehensively cancel foreign investment access restrictions in the manufacturing sector, relaxing market access in telecommunications, healthcare, and other service industries. It will expand the directory of encouraged foreign investment industries and encourage foreign enterprises to reinvest domestically. It will ensure that foreign enterprises receive national treatment, guaranteeing equal participation in government procurement, bidding, standard-setting, and addressing issues such as cross-border data flow. (Xinhua News Agency)
Accelerate the Construction of a New Model for Real Estate Development#
The government work report states that it will adapt to the new urbanization development trend and changes in the supply-demand relationship of the real estate market, accelerating the construction of a new model for real estate development. It will increase the construction and supply of affordable housing, improve the basic systems related to commercial housing, and meet residents' rigid housing needs and diverse improvement housing needs. (Xinhua News Agency)
Accelerate the Construction of a National Unified Market#
The government work report states that it will accelerate the construction of a national unified market. It will formulate standards and guidelines for the construction of a national unified market. It will focus on promoting the unification of institutional rules in property rights protection, market access, fair competition, and social credit. It will deepen the comprehensive reform pilot for the market-oriented allocation of factors. It will introduce administrative regulations for fair competition review and improve regulatory rules in key areas, emerging fields, and foreign-related fields. It will specially address prominent issues such as local protection, market segmentation, and improper competition in attracting investment, strengthening the regulation and management of the bidding market. (Xinhua News Agency)
Increase Income, Optimize Supply, Reduce Restrictive Measures, and Stimulate Consumption Potential from Multiple Aspects#
The government work report states that it will promote stable growth in consumption. It will comprehensively implement policies from increasing income, optimizing supply, and reducing restrictive measures to stimulate consumption potential. It will cultivate and expand new consumption, implement policies to promote digital consumption, green consumption, and health consumption, and actively cultivate new consumption growth points such as smart home products, cultural tourism, sports events, and domestic "trendy" goods. It will stabilize and expand traditional consumption, encourage and promote the replacement of old consumer goods with new ones, and boost large-scale consumption of smart connected new energy vehicles, electronic products, etc. It will promote the expansion and quality improvement of services such as elderly care, childcare, and housekeeping, supporting social forces to provide community services. It will optimize the consumption environment, carry out "Consumption Promotion Year" activities, implement "Safe Consumption Action," strengthen consumer rights protection, and implement paid leave systems. It will implement standard enhancement actions, accelerate the construction of a standard system that meets high-quality development requirements, and continuously improve the quality of goods and services to better meet the people's needs for improving their lives. (CCTV News)
Formulate Policies to Support High-Quality Development of the Digital Economy and Launch "Artificial Intelligence +" Actions#
The government work report states that it will formulate policies to support the high-quality development of the digital economy, actively promote digital industrialization and industrial digitization, and promote the deep integration of digital technology and the real economy. It will deepen the research and application of big data, artificial intelligence, etc., and launch "Artificial Intelligence +" actions to create internationally competitive digital industry clusters. (Xinhua News Agency)
Actively Cultivate Emerging Industries and Future Industries#
The government work report states that it will actively cultivate emerging industries and future industries. It will implement industrial innovation projects, improve the industrial ecosystem, expand application scenarios, and promote the integrated cluster development of strategic emerging industries. It will consolidate and expand the leading advantages of industries such as smart connected new energy vehicles, accelerate the development of cutting-edge emerging industries such as hydrogen energy, new materials, and innovative medicines, and actively create new growth engines such as biomanufacturing, commercial aerospace, and low-altitude economy. It will formulate future industry development plans, open up new tracks in quantum technology, life sciences, etc., and create a number of pilot areas for future industries. (Xinhua News Agency)
💭 Fragments#
Code is an asset of the company, and the company always encourages everyone to write more code. However, many people (especially management) do not realize that code is also a liability.
The more code there is, the more debt there is; this is what programmers often refer to as "technical debt."
"Technical debt" originates from a famous article by programmer Ward Cunningham here. He wrote, "Delivering code is like being in debt."
The WyCash Portfolio Management System
📰 Weekly Excerpts#
Completely Solve the Charging Difficulties in Communities! Aion Launches "Group of 100" Activity to Build Charging Stations with 100 Applications#
The official slogan is
Participate in Aion's group of 100, initiate a group starting today
Gather 100 Aion car owners in the same community
Aion will build charging stations in designated areas
With a base of one million car owners, forming a group is not a problem
Source
It seems like a national activity, but it is still mainly targeted at the Guangdong region.
Nongfu Spring's Zhong Shanshan Responds: The First Bucket of Gold Did Not Come from Wahaha#
Yesterday, Nongfu Spring's official WeChat account published an article titled "Zhong Shanshan: A Few Things About Me and Zong Lao." Zhong Shanshan stated, "Zong Lao has always been an entrepreneur I respect. He is both a mentor and a friend to me, and of course, we are also competitors."
In the article, Zhong Shanshan mentioned that the fabric business was the first bucket of gold earned from entrepreneurship, not the online rumor that "the first entrepreneurial income came from Wahaha."
The article mentioned that during a sales meeting at Nongfu Spring, Zhong Shanshan joked, "The Wahaha we couldn't sell in Hainan back then was probably sold to Guangdong. If it were now, it would be considered as cross-selling. I didn't expect that a casual joke at the time would now become my 'ungrateful' accusation. I have never received a salary from Wahaha, let alone being fired for cross-selling."
Recently, rumors about the "grievances" between Wahaha and Nongfu Spring have circulated online, claiming that "Zhong Shanshan was an agent for Wahaha in his early years, and was stripped of his agency qualification due to cross-selling, and then imitated Wahaha to establish Nongfu Spring," accusing Zhong Shanshan of being a "modern version of the farmer and the snake."
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Even the richest cannot bear the name-calling of a 25-year-old.
Ho Kwan-kai Represents: Suggests Increasing Young People's Annual Leave Days and Implementing Paid Annual Leave Policy#
"Currently, the implementation of work hours and paid annual leave systems in our country is not ideal, and there is insufficient protection for young labor." In response to the existing issues of "no leave," "cannot take leave," and "afraid to take leave" among the labor population, this year, National People's Congress representative and Hong Kong Legislative Council member Ho Kwan-kai plans to submit a suggestion titled "On Implementing and Improving the Work Hours and Paid Annual Leave System to Promote National Economic Circulation and Enhance People's Happiness."
He suggests the mandatory implementation of paid annual leave policies, improving the legal responsibilities of enterprises that violate the law, and strengthening the constraints on enterprises' implementation of annual leave. At the same time, he suggests modifying the current provisions of the "Regulations on Paid Annual Leave for Employees" (hereinafter referred to as "Regulations") regarding the number of annual leave days, increasing paid annual leave days based on years of service—employees who have worked for more than 1 year but less than 10 years will receive 5 days for the first two years, and then increase by 1 day each year, up to a maximum of 10 days.
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No More "Prime Minister's Press Conference"#
Although questions at press conferences are generally considered pre-set, the respondents often make unexpected statements, which to some extent shape the image of the then Prime Minister.
For example, Zhu Rongji, from Vice Premier to Premier, led China's economic reforms for a decade, facing a high degree of social complexity and reform difficulty. At the 1998 press conference, Phoenix TV's Wu Xiaoli asked, "The outside world calls you the 'Economic Tsar,' do you like this title?" Zhu Rongji replied, "I don't like this title." He then said, "But whether there are landmines ahead or a bottomless abyss, I will move forward without hesitation, dedicating myself until death." Such emotional expressions are rare among Chinese Communist Party officials.
Wen Jiabao spoke slowly at press conferences and liked to quote classics, rarely making out-of-the-ordinary statements. Until his last press conference before stepping down, he made a rare statement on the particularly sensitive "political system reform"—"I deeply understand that solving these problems requires not only economic system reform but also political system reform, especially the reform of the leadership system of the Party and the country... Now that the reform has reached a critical stage, without the success of political system reform, economic system reform cannot be fully carried out, and the achievements already made may be lost, and new problems arising in society cannot be fundamentally resolved, and historical tragedies like the Cultural Revolution may happen again."
In the era of Li Keqiang, his style changed, speaking quickly and casually, often using "golden sentences"—for example, "Using the 'pain' of reducing government power to exchange for the 'comfort' of enterprises and the public." Li Keqiang's background in economics sometimes revealed a unique understanding of the Chinese economy. For instance, at the 2020 press conference, Li Keqiang said, "600 million low- and middle-income people have an average monthly income of only about 1,000 yuan," which sparked heated discussions.
On March 13, 2023, Li Qiang met with Chinese and foreign media for the first time as Premier, which will be the only press conference during his term until the end of the 2028 National "Two Sessions." He did not leave any "golden sentences," perhaps due to his style or possibly intentionally.
A car can only have one steering wheel to reach the destination 🫡
France Writes Abortion Rights into Its Constitution, Becoming the First Country to Do So#
French lawmakers voted 780 to 72 to enshrine abortion rights in the constitution, a first in the world. This historic decision came after the U.S. Supreme Court overturned Roe v. Wade. Although some criticize that rights in France are not under threat, with 80% supporting legal abortion, this move is seen as a positive step in safeguarding women's rights.
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For a developed country with a serious lack of birth rate, it's hard to understand; are they going to rely purely on immigration?
However, I personally support abortion rights within a certain range.
Migraine Log – Simple Recording and Statistics of Each Migraine and Medication Use#
Migraine Log is an application specifically designed to record and statistically analyze personal migraines, supporting both iPhone and Android. Its design is very simple; you only need to fill in the date and intensity of the attack, while also recording whether medication was taken and a brief note, allowing you to visually see the data in the built-in calendar, and it supports exporting HTML pages, making it very practical for those with migraines.
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International Gold Prices Near Historical Extremes, Many Brands of Pure Gold Jewelry Listed at 650 Yuan per Gram#
With the continuous warming of the gold market, the price of pure gold jewelry has surpassed 645 yuan/gram, setting a new historical high. Not only is the sales market booming, but the gold recycling business is also exceptionally hot, with recycling prices nearing 490 yuan/gram. As gold prices continue to rise, the future direction of the gold market is highly anticipated.
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OMG
The Government Work Report Mentioned These New Hot Terms#
Huang Renxun "Uses It Almost Every Day"! Will Perplexity Be the "Future of Search"?#
Recently, Huang Renxun was asked in a media interview, "Do you use ChatGPT or Bard frequently? Or do you use other products?"
Huang Renxun stated, "I generally use Perplexity, and I use it almost every day." For example, when he recently wanted to learn about computer-aided drug development, he used Perplexity for searches.
What kind of company can make Huang Renxun use it every day? Perplexity claims to be "the world's first conversational search engine," with the core mission of challenging Google's dominance in the search engine field.
Unlike Google's traditional search engine, Perplexity does not simply provide website links but uses advanced AI models to provide direct and accurate answers to users' search queries, enhancing search efficiency and making the search process more intelligent; compared to generative AI like ChatGPT, it is more timely and traceable.
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The industry seems to feel this is the right direction, combining traditional search engine results with AI responses
Including the EU's you.com, and Baidu's simple search.
Also, adding a plugin to traditional search to display AI response results.
TikTok Plays Hardball: Mobilizes Platform Users to Flood Congressional Members' Phones in Opposition to Latest Bill#
On March 8, news broke that two days ago, the House Energy and Commerce Committee, along with the China Special Committee, announced a bill that would force TikTok's Chinese parent company ByteDance to divest its ownership of the app within 165 days.
On Wednesday evening, the TikTok app pushed a notification warning users that a "full ban" would "harm millions of businesses, disrupt the livelihoods of countless creators nationwide, and deprive artists of their audiences."
After asking users to input their postal codes, TikTok guided users to call their congressional representatives, letting them "know what TikTok means to you and tell them to vote against it."
A senior Republican aide in the U.S. told Axios's Juliegrace Brufke, "Students, young people, adults, and business owners are all worried about losing access to the platform, and their phones have been completely flooded." The bill's sponsors angrily responded to the so-called "massive publicity campaign," emphasizing that if ByteDance divests ownership, TikTok will not be taken down.
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Last time during Trump's administration, Zhang Yiming was almost on the ground, and Didi was used as an example. Let's see how he reacts this time.
If data and research have already been separated from the domestic market and a research center has been established abroad, there is already enough confidence to respond. If it is banned due to its Chinese background, it can simply be taken down from the U.S. market; the world is so big.
Also, the country strongly supports implementing the same bill against Apple; let's see how effective it is, as Apple makes much more money than ByteDance.
I fully support the country banning Apple; my family bucket can just be exchanged for Huawei.
Dragon Ball Author Akira Toriyama Passes Away at 68#
The official Dragon Ball website announced the passing of Japanese manga artist and Dragon Ball author Akira Toriyama on March 1, 2024, due to acute subdural hematoma, at the age of 68.
Akira Toriyama's most famous work, Dragon Ball, has had an extremely wide influence not only in Japan but also worldwide.
Since its first serialization in 1984, the series has been translated into multiple languages and sold around the world. The animated version has also been loved by audiences globally.
The sales of the Dragon Ball series' manga, animation, movies, games, and various merchandise have reached tens of billions of dollars, making it one of the most successful media franchises in the world.
Akira Toriyama's artistic style, especially his character design and narrative style, has had a profound impact on many later manga and anime creators. Many popular works, such as One Piece and Fairy Tail, have been influenced by Dragon Ball.
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Dragon Ball is really good.
Hefei, Anhui Launches Low-altitude Medical Transport Drone Route, Only 14 Minutes from Blood Center to Hospital#
The newly launched routes revolve around the Anhui Provincial Maternal and Child Health Center, Hefei Maternal and Child Health Hospital's main, east, and west districts, as well as the Provincial Blood Center, with a total of 6 routes. The longest route takes 25 minutes, while the shortest takes 8 minutes. Among them, the route from the Provincial Maternal and Child Health Center (East District) to the Provincial Maternal and Child Health Center (West Hospital) is the longest at 21.2 km, taking about 25 minutes to fly, while the route from the Provincial Maternal and Child Health Center (main) to the Provincial Maternal and Child Health Center (East District) is the shortest at 6.6 km, taking about 8 minutes to fly.
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Developing low-altitude transport is very important, and I hope to enhance the entire industry chain to reduce costs.
Xpeng's Flying Car "Traveler X2" Successfully Flies Over Guangzhou CBD for the First Time, Has Obtained Special Flight Permit#
Xpeng announced today that its flying car "Traveler X2" successfully completed low-altitude flight in the urban CBD area from "Tiande Plaza to Canton Tower."
It is reported that Traveler X2 took off vertically from the super-class A office building complex at Tiande Plaza in Guangzhou's Tianhe District and flew towards the iconic Canton Tower in automatic driving mode, crossing landmark sites in Guangzhou such as the Guangdong Provincial Museum, Huacheng Square, and Haixinsha Asian Games Park. This flight route can be used for future urban air traffic and is also a very scenic low-altitude tour route.
Xpeng's Flying Car "Traveler X2" Successfully Flies Over Guangzhou CBD for the First Time, Has Obtained Special Flight Permit - IT Home
👍
iPhone Sales in China Plummet, Urgently Needs This Year's "Largest Update Ever" to Turn Around#
This image perfectly showcases Huawei's appeal among the consumer base in China
Moreover, I believe that at least within three years, Apple's AI capabilities will lag behind the mainstream.
📚 Articles#
New Antitrust Enforcers#
In today’s newsletter, I want to help you understand the emerging crackdown on big technology companies. The European Union yesterday imposed a $2 billion fine on Apple, and regulators in the U.S. are pursuing cases against Amazon, Google, Facebook, and perhaps Apple.
In today's newsletter, I want to help you understand the emerging crackdown on big technology companies. The European Union yesterday imposed a $2 billion fine on Apple, and regulators in the U.S. are pursuing cases against Amazon, Google, Facebook, and perhaps Apple.
These legal cases are often complex, and I know that some readers find them hard to follow. But the underlying ideas can be clearer than the details. My goal today is to give you a framework for making sense of a major economic and political story.
These legal cases are often complex, and I know that some readers find them hard to follow. But the underlying ideas can be clearer than the details. My goal today is to give you a framework for making sense of a major economic and political story.
Almost 15 years ago, a law professor named Tim Wu published a book called “The Master Switch” that helped me to understand this issue. In the book, Wu used a term — “the cycle” — to describe what happened after a new form of communication arrived, be it the telephone, radio, or internet.
Almost 15 years ago, a law professor named Tim Wu published a book called “The Master Switch” that helped me to understand this issue. In the book, Wu used a term — “the cycle” — to describe what happened after a new form of communication arrived, be it the telephone, radio, or internet.
Initially, he explained, new communication industries are diffuse, dominated by small players. The barriers to entry are low. In the early days of radio, amateur stations proliferated, much as the early internet was quirky and offered few opportunities for profit.
Initially, he explained, new communication industries are diffuse, dominated by small players. The barriers to entry are low. In the early days of radio, amateur stations proliferated, much as the early internet was quirky and offered few opportunities for profit.
Over time, though, the new industry tends to become concentrated for a reason: Almost every form of communication depends on a network of users. And larger networks are inherently more valuable than smaller networks.
Over time, though, the new industry tends to become concentrated for a reason: Almost every form of communication depends on a network of users. And larger networks are inherently more valuable than smaller networks.
Once a radio station becomes popular, more people want to listen to it so they can know what other people are hearing, and more companies want to buy advertisements. The same is true with the internet: If all my friends have an Instagram account, I’ll want one, too. This cycle is reinforcing, causing large companies to grow even larger. It’s part of what economists call “increasing returns to scale.”
Once a radio station becomes popular, more people want to listen to it so they can know what other people are hearing, and more companies want to buy advertisements. The same is true with the internet: If all my friends have an Instagram account, I’ll want one, too. This cycle is reinforcing, causing large companies to grow even larger. It’s part of what economists call “increasing returns to scale.”
But consolidation brings a major downside for society. Communication businesses can become monopolies, with the power to set prices and control society’s discourse.
But consolidation brings a major downside for society. Communication businesses can become monopolies, with the power to set prices and control society’s discourse.
For most of the 21st century, regulators in the U.S. and other countries allowed technology companies to grow ever larger. (Consider this statistic: The combined stock market value of Amazon, Apple, Microsoft, and the parent companies of Facebook and Google has more than doubled since just the end of 2019.) Only recently have regulators begun to step in.
For most of the 21st century, regulators in the U.S. and other countries allowed technology companies to grow ever larger. (Consider this statistic: The combined stock market value of Amazon, Apple, Microsoft, and the parent companies of Facebook and Google has more than doubled since just the end of 2019.) Only recently have regulators begun to step in.
The Biden administration has made antitrust enforcement in the technology sector a top priority. “The president knows that vibrant capitalism depends on strong competition,” Lael Brainard, Biden’s top economic adviser inside the White House, said yesterday. “Competition lowers prices, raises wages, and levels the playing field for small businesses.”
The Biden administration has made antitrust enforcement in the technology sector a top priority. “The president knows that vibrant capitalism depends on strong competition,” Lael Brainard, Biden’s top economic adviser inside the White House, said yesterday. “Competition lowers prices, raises wages, and levels the playing field for small businesses.”
One sign of the change is Wu himself. When he published “The Master Switch” in 2010, he was a professor at Columbia University. Four years later, he ran a doomed campaign for lieutenant governor as a critic of Gov. Andrew Cuomo and concentrated corporate power. Since then, however, both Democratic and Republican policymakers have become more concerned about Big Tech — and Wu is no longer just a gadfly. After President Biden took office in 2021, he appointed Wu as an adviser.
One sign of the change is Wu himself. When he published “The Master Switch” in 2010, he was a professor at Columbia University. Four years later, he ran a doomed campaign for lieutenant governor as a critic of Gov. Andrew Cuomo and concentrated corporate power. Since then, however, both Democratic and Republican policymakers have become more concerned about Big Tech — and Wu is no longer just a gadfly. After President Biden took office in 2021, he appointed Wu as an adviser.
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The EU previously had no autonomy, leading to being monopolized by American tech companies, greatly compressing the survival space of local tech companies.
This is a point we cannot compare with.
To protect local tech companies, it is necessary to impose restrictions on foreign ones, regardless of whether this is reasonable, but it is certainly correct.
There needs to be some space and time for latecomers to catch up.
Essentially, it is still about the U.S. becoming weaker.
Exclusive Late Post | Alibaba's Core Business Interactions Are Frequent, and Business Listing Plans Have Changed#
Content Overview#
The article discusses Alibaba Group's business adjustments and reforms in recent years:
- Alibaba has implemented an organizational reform of separating procurement and sales, newly establishing positions such as "prescriber" responsible for proposing product demands, while the procurement department plans purchases based on market research needs.
- Alibaba has also made cross-border business a strategic focus, transferring the head of Tmall Fashion, Ji Yun, to lead the Lazada brand and small and medium-sized business supply operations team.
- In terms of departments, Alibaba has undergone a "1+6+N" reorganization to promote more flexible and independent market-facing operations for each business.
- There are frequent interactions between Alibaba Group companies, allowing employees to freely move between different business groups. There are continuous actions in business collaboration and personnel flow to adapt to the current market environment.
Recommendation Reason#
The article explores in detail how Alibaba Group responds to challenges and seeks growth through a series of strategic decisions and operational optimizations when facing market challenges and internal business adjustments.
The article not only focuses on Alibaba Group's core businesses, such as Alibaba Cloud and Hema, but also deeply analyzes its layout and strategies in emerging business areas, such as AliExpress and local life services. Through in-depth analysis of Alibaba Cloud, Hema, AliExpress, and other businesses, the article reveals the measures Alibaba Group has taken in pursuing profits and controlling costs, as well as how it adjusts strategies to adapt to new challenges in changing market environments.
Additionally, the article discusses Alibaba Group's strategies in capital management, including innovative methods for realizing the value of various assets and changes in spin-off listing plans. These contents are significant not only for investors and business analysts but also provide readers interested in Alibaba Group's development dynamics with an opportunity to gain a deeper understanding of its operations and strategic adjustments.
Excerpt#
At the end of November 2023, Alibaba Cloud established a public cloud division, aiming for scale and targeting market share expansion, and is aggressively hiring; the hybrid cloud division aims for profit, cutting 30% of team personnel, and the project-based business for government and enterprise clients that customizes industry solutions has also been cut, with a significant reduction in loss-making proprietary cloud orders.
Customization is indeed a necessity for the market, but it has led to losses in cloud profits, especially in government projects.
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