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        <title>Benjamin</title>
        <link>https://paragraph.com/@benjamin-3</link>
        <description>I Don’t Have An Attitude</description>
        <lastBuildDate>Sat, 02 May 2026 04:40:58 GMT</lastBuildDate>
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            <title><![CDATA[Economic outlook for the second half of the year: macroeconomic stability will not change]]></title>
            <link>https://paragraph.com/@benjamin-3/economic-outlook-for-the-second-half-of-the-year-macroeconomic-stability-will-not-change</link>
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            <pubDate>Fri, 26 May 2023 08:37:56 GMT</pubDate>
            <description><![CDATA[In the first half of this year, in the face of the complex internal and external situation, the country’s economy has continued to develop smoothly, to optimize economic restructuring, to make new advances, to improve quality efficiency, to make new openings for change, to make new openings, to new economic developments and to achieve a good start for high-quality development. However, it is also important to see that economic development is facing a number of challenges, that three major war...]]></description>
            <content:encoded><![CDATA[<p>In the first half of this year, in the face of the complex internal and external situation, the country’s economy has continued to develop smoothly, to optimize economic restructuring, to make new advances, to improve quality efficiency, to make new openings for change, to make new openings, to new economic developments and to achieve a good start for high-quality development. However, it is also important to see that economic development is facing a number of challenges, that three major wars enter the critical period of the uprooting of cities, that the international environment remains uncertain and that the qualitative changes, efficiency changes and dynamic changes in our economic development are further promoted. On the immediate date, the daily economic newspaper launched the column “Vision to 2018 China’s economy: the next half of the world’s economy”, with a dedicated watchdog —</p><p>Following the publication of macroeconomic data in May, some of the data generated widespread social concern. In addition, trade friction in Central America is expected to rise, with some pessimism on the market. We believe that, despite the twin challenges of structural deleveraging and trade friction in Central America, macroeconomics will remain stable in the second half of the year.</p><p>Industrial growth will remain stable and high</p><p>In the second half of the year, the cyclical industries and high technology industries will continue to grow at high speed. According to data on industrial production in the sub-sector, the growth rate in the cyclical sector was continuously affected by large commodity prices, up from about 0.8 per cent at the end of the previous year to about 3.3 per cent in April, with a return rate of 4.1 per cent, a growth rate of 0.63 per cent in the dynamic industry as a whole and a contribution rate of 90 per cent to the overall recovery of the industry. Significant commodity prices are expected to remain volatile in the second half of the year, and the cyclical sector will continue to grow at a high rate. High-technology industries will also maintain a smooth and high-speed growth, underpinned by the transition upgrade and considerable research and development inputs.</p><p>In addition, the return of capital investment provides demand for industrial growth. In the second half of the year, as local debt distribution accelerated, financial constraints on capital investment will be reduced to a certain extent, and the rapid decline in capital investment will be reversed, which will give rise to demand for industrial growth.</p><p>On 1 May, the transfer of value-added tax (VAT) for goods such as manufacturing, transport, construction and agricultural products was officially implemented, and the policy dividend is expected to become a new engine of growth. However, the growth of equipment manufacturing is being tested as a result of the friction of Central American trade. From the first batch of taxed commodities published by the United States, the main focus is on vehicles and their accessories, electronic circuits, industrial equipment mechanical parts and other similar commodities. As a result, growth pressures in the second half of the manufacturing of machinery have increased dramatically.</p><p>Services growth potential</p><p>In May, the service sector business activity index was 54.0 per cent, an increase of 0.2 per cent over the previous month, 0.5 per cent over the same period in the previous year; the new service order index was 50.4 per cent, an increase of 0.1 per cent over the previous month, indicating that market demand remained expanding. Business activity indices in the sectors of air transport, postal Express, telecommunications, Internet software, etc. continue to be located at over 60 per cent of high-profile spaces; the business activity index for traditional industries, such as retailing, accommodation, is higher than the overall level of services.</p><p>In the second half of the year, major industries will continue to grow at high rates. The continuing high growth in information transmission, software and information technology services in May, with an increase of more than 30 per cent and an increasing trend, was the main driving force behind the rapid growth of services; the maintenance of double-digit growth in rental and commercial services, with an increase of 2.5 per cent over the same period in the previous year; and the transport, warehousing and postal industries, the financial sector, and the acceleration of the construction industry.</p><p>Investment resumed smoothly</p><p>First, the increase in capital investment will be stable at about 5 per cent. The main sources of financing for capital investment have been significantly affected by fiscal restructuring and strengthened financial regulation, with higher base figures for the previous year, and the sharp decline in capital investment since the beginning of the year has become a major factor in the overall growth of investment. However, historical data show that the peak period for local debt was issued between May and August, with less than $1 trillion in local debt at the end of May, and $220,000 in the second half of the year, according to the plan. HF data also show that the scale of issuance in June has begun to increase. The pressure on the sources of capital funds will be alleviated with the gradual increase in the availability of local debt and the reduction of the deposit reserve by the central bank of 0.5 percentage points from 5 July. The sharp decline in capital investment will be mitigated to some extent, and it is expected that the next half year will see an increase of about 5 per cent.</p><p>Second, the increase in real estate development will return to about 7 per cent. Investment in real estate development increased by 10.2 per cent in the first five months, while the acquisition of land for real estate development was 774.2 million square metres in the same period, an increase of only 2.1 per cent. This implies a substantial increase in the cost of purchasing land in developing-investors. This view allows data from State-owned land tenure. From January to May, State-owned land-use concessions earned $22.51 billion, an increase of 45.9 per cent, representing an alarming increase in State-owned land prices. If land acquisitions in real estate development investments are excluded, the remaining portion of real estate development investments will increase by -1.5 per cent. In the larger context of tight credit, developers face pressures such as increased difficulty in financing and declining liquidity, with an increase of 5.1 per cent between January and May compared to just half the same period in the previous year, with negative growth in sources of finance, such as domestic lending and foreign investment. It is therefore expected that the next half-year increase in real estate development investment will return to about 8 per cent.</p><p>Once again, manufacturing investment went up to about 7 per cent. Since the beginning of the year, there has been a steady recovery in manufacturing investment, mainly thanks to rapid growth in private investment. In a structural deleveraging environment, private investment is expected to sustain faster growth in the second half of the year. At the same time, the former business profits were better, combined with the pressure of trade in Central America, where the introduction of reabsorptive channels in our high-technology industries was blocked, the enterprise was self-innovated or would be productive, and the growth of investment in high-technology manufacturing would be an important force in driving overall manufacturing investment growth. It is expected that manufacturing investment will continue to recover smoothly, rising back to about 7 per cent in the second half of the year.</p><p>Expected mitigation of the downward trend in consumption growth</p><p>The most worrying increase in consumption between January and May, in particular the 0.9 percentage points below the previous month in the month of May,</p>]]></content:encoded>
            <author>benjamin-3@newsletter.paragraph.com (Benjamin)</author>
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            <title><![CDATA[[New wave lottery]]]></title>
            <link>https://paragraph.com/@benjamin-3/new-wave-lottery</link>
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            <pubDate>Fri, 05 May 2023 07:40:28 GMT</pubDate>
            <description><![CDATA[During the current period, nine competitions with fewer concessions were abandoned on the basis of seven ultra + 1 Italian Cup + 6 West A: The Liz Coalition came to a 1-2 non-adversarial Fulm on the guest yard, which suffered a three-fold failure and continued low status. The main site was faced with a battery of two-1 in the main yard, which ended its own persistence and was in a state of heat, but it was a low-lying town of Leche, where the institutions gave half-time concessions, which was...]]></description>
            <content:encoded><![CDATA[<p>During the current period, nine competitions with fewer concessions were abandoned on the basis of seven ultra + 1 Italian Cup + 6 West A:</p><p>The Liz Coalition came to a 1-2 non-adversarial Fulm on the guest yard, which suffered a three-fold failure and continued low status. The main site was faced with a battery of two-1 in the main yard, which ended its own persistence and was in a state of heat, but it was a low-lying town of Leche, where the institutions gave half-time concessions, which was abandoned for the recent low-level movement of Liz.</p><p>Gathering is a Spanish man in the battle of 0-0 battlefields, two of which have not been successful in recent times and which have been slightly under-existent, the main site has been faced with a short-term shortage of guests, with four more guests having recently failed to produce three more, and the cafeteria of Ossuna, where care is required, has given a half-time concession, while the master’s index is low, but with insufficient confidence and confidence in Gardis.</p><p>Betis has a trip of 2-3 non-adversarial Ossuna, with nine more recent winners, with insufficient success rates, the main site has been underserved in the near future, and five guests have not been successful in the recent past. For this service to take advantage of the untenable Royal Society, the institution has given a half-time concession, but the client’s index is high and, for the client’s team, it has also been recommended for abandonment.</p>]]></content:encoded>
            <author>benjamin-3@newsletter.paragraph.com (Benjamin)</author>
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            <title><![CDATA[Samsung mobile phones accounted for 28% of the U.S. market in the first quarter, and Apple's market share decreased by 7 percentage points to 47% year-on-year]]></title>
            <link>https://paragraph.com/@benjamin-3/samsung-mobile-phones-accounted-for-28-of-the-u-s-market-in-the-first-quarter-and-apple-s-market-share-decreased-by-7-percentage-points-to-47-year-on-year</link>
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            <pubDate>Thu, 12 May 2022 18:49:21 GMT</pubDate>
            <description><![CDATA[DoNews, May 4 (Ding fan) according to a report released on the 4th by the market research agency counterpoint research, Samsung Electronics had a 28% share in the U.S. smartphone market in the first quarter, a new high in nearly eight years, significantly narrowing the gap with apple. Apple’s market share fell 7 percentage points year-on-year to 47%, but it still ranks first. Samsung Electronics grew by 3 percentage points year-on-year, ranking second with 28%. The gap between the two decreas...]]></description>
            <content:encoded><![CDATA[<p>DoNews, May 4 (Ding fan) according to a report released on the 4th by the market research agency counterpoint research, Samsung Electronics had a 28% share in the U.S. smartphone market in the first quarter, a new high in nearly eight years, significantly narrowing the gap with apple.</p><p>Apple’s market share fell 7 percentage points year-on-year to 47%, but it still ranks first. Samsung Electronics grew by 3 percentage points year-on-year, ranking second with 28%. The gap between the two decreased from 29 percentage points in the same period last year to 19 percentage points. In addition, Motorola (12%), TCL (3%), oneplus (2%) and Google (2%) ranked second.</p>]]></content:encoded>
            <author>benjamin-3@newsletter.paragraph.com (Benjamin)</author>
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            <title><![CDATA[Three days before the May Day holiday, Chengdu traffic police seized 148 drunk driving motor vehicles]]></title>
            <link>https://paragraph.com/@benjamin-3/three-days-before-the-may-day-holiday-chengdu-traffic-police-seized-148-drunk-driving-motor-vehicles</link>
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            <pubDate>Tue, 10 May 2022 19:39:43 GMT</pubDate>
            <description><![CDATA[Sichuan online reporter Zhang Tingming On May 2, the reporter learned from Chengdu traffic management bureau that in order to maintain the safety, order and smoothness of urban road traffic during the “May Day” Festival and effectively curb the illegal and criminal acts of drinking and drunk driving, Chengdu traffic police have continued to carry out centralized rectification actions on the illegal and criminal acts of drunk driving throughout the city since April 30. As of 6 p.m. on May 2, i...]]></description>
            <content:encoded><![CDATA[<p>Sichuan online reporter Zhang Tingming</p><p>On May 2, the reporter learned from Chengdu traffic management bureau that in order to maintain the safety, order and smoothness of urban road traffic during the “May Day” Festival and effectively curb the illegal and criminal acts of drinking and drunk driving, Chengdu traffic police have continued to carry out centralized rectification actions on the illegal and criminal acts of drunk driving throughout the city since April 30. As of 6 p.m. on May 2, in this centralized rectification action, Chengdu traffic police had seized 148 drunk driving motor vehicles, including 138 drunk driving motor vehicles and 10 drunk driving motor vehicles.</p><p>On the same day, Chengdu traffic police also announced a number of typical cases of drunk driving violations and crimes.</p><p>Case 1:</p><p>At 2:13 p.m. on May 1, while patrolling the village road of Fuhong Town, Qingbaijiang District, Chengdu, the police of the ninth branch of Chengdu traffic police found that the driver of a two wheeled motorcycle with the number of Chuan A2 8 was suspected of drunk driving, and the police immediately stopped the car for inspection. After on-site detection with an expiratory alcohol detector, the driver Zhou Moumou’s alcohol content was 42mg / 100ml. He was suspected of driving a motor vehicle after drinking.</p><p>After on-site investigation, Zhou drank a bottle of beer when eating at home at noon. After resting for a period of time, he took the chance to drive the motorcycle on the road until he was caught by the police. Zhou Moumou will face the administrative penalty of temporarily withholding his motor vehicle driver’s license for six months and a fine of less than 2000 yuan for driving a motor vehicle after drinking, and his motor vehicle driver’s license will also be recorded with 12 points.</p><p>Case 2:</p><p>At 00:30 on May 2, when the police of the sixth branch of Chengdu traffic police carried out the special rectification of drunk driving on Jiannan Avenue, they blocked a small car with the number plate of Sichuan A49T . After the exhalation alcohol test on the driver ye, the test result was 46mg / 100mL, which was suspected of driving the motor car after drinking. The vehicle driven by Ye belongs to an operating motor vehicle. The sixth branch of Chengdu traffic police is further investigating and handling Ye’s illegal behavior.</p><p>Case 3:</p><p>At 10:48 p.m. on May 1, when the police of the fourth branch of Chengdu traffic police carried out the special rectification of drunk driving on the second section of Qingyang Avenue, they tested Chen mouqing, the driver of Sichuan y691 small car. The result was 157mg / 100mL, which was suspected of driving a motor vehicle after being drunk. After on-site investigation, Chen mouqing said that after drinking in a hotel in Shuangnan, Wuhou District, he was seized by the police at the card point when driving to Wenjiang District. Chen mouqing is under further investigation by the public security organ.</p><p>Case 4:</p><p>At about 1:00 on May 2, Ma mouxiong drove the Sichuan awk3 minibus to the exit of the tunnel under Wuhou in the direction of Shuangnan section of Wuhou Avenue. When he was checked by the police at the drunk driving investigation and handling checkpoint of the first branch of the traffic police, the test result of his expiratory alcohol tester was 243mg / 100ml. Ma mouxiong was under further investigation by the public security organ according to law because he was suspected of driving a motor vehicle while drunk.</p><p>Chengdu traffic police remind the majority of motor vehicle drivers to keep in mind the warning of “don’t drink while driving, don’t drive while drinking” for the sake of their own and others’ life safety, social and public safety, refuse drunk driving, dissuade drunk driving, abide by laws and regulations, and travel safely and civilized.</p>]]></content:encoded>
            <author>benjamin-3@newsletter.paragraph.com (Benjamin)</author>
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            <title><![CDATA[All sections of Songhua River have entered the open water period, and Harbin police carry out regional security prevention and control along the river]]></title>
            <link>https://paragraph.com/@benjamin-3/all-sections-of-songhua-river-have-entered-the-open-water-period-and-harbin-police-carry-out-regional-security-prevention-and-control-along-the-river</link>
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            <pubDate>Sat, 07 May 2022 12:29:42 GMT</pubDate>
            <description><![CDATA[With the “May Day” approaching, Songhuajiang shipping branch of Harbin Public Security Bureau, in order to strictly prevent wading accidents, comprehensively build a patrol control pattern of “point to area, rapid disposal and overall linkage”, strengthen cross patrol control and night patrol control in key areas and key periods, and ensure the safety of areas along the river. The police warned that the Songhua River section in Harbin has entered the open water period. Citizens should strictl...]]></description>
            <content:encoded><![CDATA[<p>With the “May Day” approaching, Songhuajiang shipping branch of Harbin Public Security Bureau, in order to strictly prevent wading accidents, comprehensively build a patrol control pattern of “point to area, rapid disposal and overall linkage”, strengthen cross patrol control and night patrol control in key areas and key periods, and ensure the safety of areas along the river.</p><p>The police warned that the Songhua River section in Harbin has entered the open water period. Citizens should strictly follow the relevant requirements of Announcement No. 61 of Harbin municipal government to reduce travel along the river, pay attention to improving safety awareness, strengthen self-protection, stay away from dangerous areas, and don’t risk entering the water. In case of danger, they should call 110 for help at the first time.</p>]]></content:encoded>
            <author>benjamin-3@newsletter.paragraph.com (Benjamin)</author>
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            <title><![CDATA[Business Secret House]]></title>
            <link>https://paragraph.com/@benjamin-3/business-secret-house</link>
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            <pubDate>Sat, 30 Apr 2022 11:29:42 GMT</pubDate>
            <description><![CDATA[Author / Zhang Kexin Xu Zheng, a middle-aged man, was also involved in the vortex of “TST court secret”. On April 22, the name of Xu Zheng, a well-known domestic director and actor, appeared on the microblog hot search. The star who stayed on the hot search list the day before was his wife Tao Hong. Their hot Search contents are related to the suspected MLM of the “TST court secret” brand founded by another star Zhang Ting and his wife. Some netizens disclosed that Xu Zheng had participated i...]]></description>
            <content:encoded><![CDATA[<p>Author / Zhang Kexin</p><p>Xu Zheng, a middle-aged man, was also involved in the vortex of “TST court secret”.</p><p>On April 22, the name of Xu Zheng, a well-known domestic director and actor, appeared on the microblog hot search. The star who stayed on the hot search list the day before was his wife Tao Hong. Their hot Search contents are related to the suspected MLM of the “TST court secret” brand founded by another star Zhang Ting and his wife. Some netizens disclosed that Xu Zheng had participated in the product publicity of Zhangting company and was the image ambassador of TST court’s Secret “zhengjiu series”.</p><p>Although many people have good feelings for Xu Zheng, he suddenly fell into negative controversy. Xu Zheng, who started as a “little man” in dramas, TV dramas and films, is no longer as simple as a single “actor”. From the “embarrassing” series of films to “I’m not a god of medicine”, Xu Zheng has been promoted to a well-known film producer and director in China. He is also one of the filmmakers with the most commercial value and capital operation ability in the market.</p><p>Xu Zheng is good at grasping business opportunities. Xu Zheng’s capital operation has been shrewd in every step, but there are disputes behind it.</p><p>“Drug God” also sold wine in those days?</p><p>With Xu Zheng’s name on the hot search, many publicity materials of “Zheng Jiu” brand have also quietly spread on the Internet. “Hello, everyone. I’m Xu Zheng, Zheng Jiu · Chun Jiu. Real good wine. I wish Zheng Jiu a big sale.” In a circulated video, Xu Zheng stood in front of the wine cabinet, extending his thumb with both hands to offer blessings to “Zheng Jiu”.</p><p>In 2018, Xu Zheng’s film “I’m not a god of medicine” once made his reputation “gods”. But many people didn’t notice that when the film was popular, the secret official website of TST Court published an article entitled “drink red wine and choose TST” Zheng wine “, saying that the brand doesn’t need to rub the hot spots of the film, because” Xu Zheng is the boss of our TST, and Zheng wine is named after him “.</p><p>For a long time, the public knows that Tao Hong, who is often the secret “platform” of TST court, is a good friend of Zhang Ting and his wife. At the same time, Tao Hong is also one of the secret shareholders of TST court.</p><p>Recently, Shanghai darway was found to constitute an illegal act of organizing and planning MLM, with a total fine of 20.98 million yuan. The 96 Suites worth 1.7 billion yuan held by Zhang Ting and his wife at No. 28, Jiangyao Road, Pudong New Area, Shanghai were also seized.</p><p>According to media reports, Tao Hong paid a total dividend of 420 million yuan from the darway company operated by Zhang Ting and his wife in five years, of which 260 million in the last three years should be the dividend of darway in the MLM stage. At present, Tao Hong has asked to withdraw his shares from the MLM company.</p><p>Tao Hong’s 100% stake in Beijing’s most Taoran company said that the so-called “dividend of 400 million yuan” was just a rumor. However, it is reported that relevant persons from the market supervision and Administration Bureau of Yuhua District, Shijiazhuang revealed that Tao Hong is indeed related to the matter and the incident is under investigation.</p><p>But in fact, compared with Tao Hong who frequently visited Zhang Ting’s live studio, Xu Zheng met Zhang Ting earlier and had close contact with Zhang Ting.</p><p>In 2003, Xu Zheng cooperated with Zhang Ting in a TV series “love through time and space”. According to Zhang Ting and Tao Hong later shared in a variety show, that is, at that time, Zhang Ting and Tao Hong met through Xu Zheng and became good friends. At that time, Xu Zheng had not become the first “billion box office” director in China, and Tao Hong was also filming in this film. However, Lin Ruiyang, Zhang Ting’s star husband, was a real estate tycoon at that time. It is said that he was worth 10 billion.</p><p>In 2014, Zhang Ting said that under the influence of her husband, she also took Xu Zheng and his wife to speculate in real estate and “made tens of millions”; At the same time, she is also preparing to pull Xu Zheng and Tao Hong to make beauty products together, and what she is preparing is the secret brand of TST court. At that time, Xu Zheng was already a big director holding the “champion of Chinese film box office”, but Xu Zheng and his wife still chose to give full support to him. Among them, Tao Hong directly and indirectly holds 6.6% of the shares of Shanghai darway through Beijing most Taoran company.</p><p>According to public information, Xu Zheng himself does not hold shares in Shanghai darway, but he is still actively promoting his wine brand and product platform. Tianyancha shows that the subsidiary of Shanghai darway Trading Co., Ltd., the secret operation body of TST court, applied for the registration of several trademarks such as “zhengjiu”, “Zhengchun”, “zhengcui” and “Zhengzhen” in 2017, and the international classification involves wine, beer and beverages.</p><p>At the end of the same year, some media reported that Zhang Ting and Xu Zheng went to Italy to taste red wine and participate in activities. Zhang Ting also mentioned the “zhengjiu” brand for the first time in his microblog copy.</p><p>Now on the e-commerce platform, the “zhengjiu” brand can still be found, and most of the product advertisements also contain the sentence of “director Xu Zheng’s recommendation”, but the product sales are not high. In fact, in recent years, with the secret of TST court repeatedly questioned on suspicion of MLM, Xu Zheng rarely made public his brand platform.</p><p>Only Tao Hong still keeps close contact with Zhang Ting publicly, perhaps because of her shareholding and other factors. They attended the company’s annual meeting together and drank a glass of wine together to show their “best friend” friendship. Tao Hong also frequently appeared in Zhang Ting’s live studio to help the brand. Previously, in a video circulated on the Internet, when the two were the brand platform, a voice asked “does TST have anything to do with Tao Hong”. Tao Hong also generously said, “of course it has something to do with me. It’s our own enterprise and our pride.”</p><p>In November 2021, when Shanghai darway was exposed to be investigated and dealt with by the market supervision department for “suspected MLM”, Tao Hong also withdrew from the shareholders of Shanghai taobuting culture media Co., Ltd. owned by Zhang Ting and his wife.</p><p>The TST court is still fermenting about the secret suspicion of MLM. As for whether Xu Zheng will be involved in endorsing the “zhengjiu” brand, a lawyer said: “it still needs to be specifically determined by relevant departments. For example, whether the sales of this wine involves MLM, whether Xu Zheng’s endorsement fee and dividend are obtained through Commission, and whether I knew it before.”</p><p>As for Xu Zheng, he is not directly related to the company of Zhang Ting and his wife. There are 10 affiliated enterprises under the name, of which 5 are joint-stock enterprises jointly owned by Xu Zheng and Tao Hong, including Beijing yangcomplacent Cultural Development Co., Ltd. and Hainan yangcomplacent Cultural Communication Co., Ltd.</p><p>In terms of business, Xu Zheng thought more clearly. His main business is still concentrated in the film and television investment field of “old bank”. In 2015, Xu Zheng once relied on happy media</p>]]></content:encoded>
            <author>benjamin-3@newsletter.paragraph.com (Benjamin)</author>
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            <title><![CDATA[Current situation of "ear economy": where is the way forward for continuous losses]]></title>
            <link>https://paragraph.com/@benjamin-3/current-situation-of-ear-economy-where-is-the-way-forward-for-continuous-losses</link>
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            <pubDate>Thu, 28 Apr 2022 08:54:09 GMT</pubDate>
            <description><![CDATA[Our reporter Guo Mengyi reports from Beijing Covid-19, which has the huge prospect of online audio, has been paid attention to by the superposition of factors such as paying for knowledge online and the new crown pneumonia epidemic. It is worth noting that the vertical audio platform is still expanding by losing money. It can be said that the persistent disease of audio and video platform in balancing content cost and user transformation still exists. Recently, Himalaya updated its prospectus...]]></description>
            <content:encoded><![CDATA[<p>Our reporter Guo Mengyi reports from Beijing</p><p>Covid-19, which has the huge prospect of online audio, has been paid attention to by the superposition of factors such as paying for knowledge online and the new crown pneumonia epidemic. It is worth noting that the vertical audio platform is still expanding by losing money. It can be said that the persistent disease of audio and video platform in balancing content cost and user transformation still exists.</p><p>Recently, Himalaya updated its prospectus for listing on the Hong Kong stock exchange. It is expected that it may continue to record operating performance losses and adjusted losses (not measured by international financial reporting standards) in the future, mainly due to sales and marketing expenses arising from expansion, investment in R &amp; D, and administrative expenses arising from listing and expansion of management team.</p><p>While Himalaya strives to be listed, litchi (NASDAQ: Lizi) also published its annual report for 2021. According to the data, the loss of Litchi in 2021 was 127 million yuan, and the loss in the same period in 2020 was 82.18 million yuan, an increase of 54.9% year-on-year. In addition, from 2017 to 2019, the annual losses of litchi were 153.7 million yuan, 9.342 million yuan and 133 million yuan respectively.</p><p>In an interview with China business daily, an audio industry insider said that the audio platform no longer targets new users, but starts to solve the problem of cost reduction and efficiency increase. “The transformation and addition of users still depend on the improvement of the quantity and quality of content, and the improvement of the quantity and quality of content will increase the cost. While reducing the cost and ensuring the quantity and quality of content, we can only support UGC content. Although the industry has made relevant efforts before, because the number of users listening to podcasts was not large a few years ago, it was not very successful. At present, litchi relies on audio live broadcasting, but I like it Malaya is still working on the audio drama of big IP. “ For the audio platform, the new growth point in the future is podcasting, but the vague incentive mechanism and difficult copyright appeal have been hindering the development of podcasting on the audio platform.</p><p>Large factory entry and vertical platform expansion</p><p>With the entry of “players” including Netease cloud music, KuWo Chang listening of Tencent department and wechat listening to books, the future pattern of the audio market becomes more complicated and confusing.</p><p>“At present, the channel to make profits by content is through C-end users on the one hand and b-end distribution on the other. Besides mobile phones, car and smart audio are also ways to cut into user scenes. Now the entry of giants and the diversification of terminals have led to fierce market competition. Vertical audio platforms can only stabilize their market by expanding and maintaining their own content and marketing intensity.” The above audio industry insiders told reporters.</p><p>From the perspective of payment conversion rate, the prospectus submitted by Himalaya to the Hong Kong Stock Exchange in September 2021 shows that the average number of mobile active paying users in Himalaya in the first half of 2021 was 14.2 million, with a payment rate of 12.8%, far exceeding that of litchi. In terms of paid conversion, the above-mentioned people familiar with the matter said that the content conversion rate of audio books and children’s categories is relatively high, but the support of big IP is still needed behind these two categories. “At present, the biggest core problem is still how to balance the content marketing cost and user payment transformation of the platform. At present, it is very difficult.”</p><p>Compared with film and television works, audio content has the characteristics of low cost, short production cycle and high payment conversion rate. Under this background, in recent years, film and television companies have actively cooperated with audio platforms and set foot in the audio drama industry, which is regarded as one of the important channels for the commercialization of their IP. The synchronous broadcasting of film and television and audio works and the “pursuit” of audio dramas in advance are becoming a new trend.</p><p>Seeing the prospect of the audio drama market, Tencent audio platform and Netease cloud music are catching up in the audio drama. In April 2020, Tencent launched the long audio app “cool listening”, covering audio novels, radio dramas, storytelling crosstalk, emotional variety and other categories. “KuWo Changting” audio content relies on the reading group of Tencent, which has more IP advantages than other platforms. So far, users can enjoy radio dramas such as sword, tomb robbing notes, chasing the murderer in the white night, breaking through the sky and Douluo mainland on the app. In 2021, the hit radio drama “fierce knife in the snow” exceeded 100 million. In addition, Tencent also acquired lazy listening, and added the entrance of Podcast in QQ music app.</p><p>Another strong competitor is Netease. In September 2020, Netease cloud music launched a new content segment “sound theater” and launched 430 radio dramas and audio books adapted from young IP. In order to enhance its competitiveness in the field of long audio, Netease cloud music also pioneered the audio content “sound and picture same frequency” mode, which combines the exquisite scene with the audio plot. Popular radio dramas such as death kaleidoscope, paradise and cross species blind date on Netease cloud music have received millions of broadcasts. According to podfest China podcast consumption research, Netease cloud music has achieved the top three in the Chinese podcast market in 2020.</p><p>When the music giant cuts into the audio track, it is more difficult for the vertical audio platform to make profits. At present, it is still trading losses for the market.</p><p>In addition to litchi, Himalayan prospectus data show that the company’s revenue increased by 51.1% from RMB 2.698 billion in 2019 to RMB 4.076 billion in 2020, and further increased by 43.7% to RMB 5.857 billion in 2021. However, the annual losses in 2019, 2020 and 2021 were RMB 1.9248 billion, RMB 2.882.1 billion and RMB 5.106 billion respectively. The adjusted net losses were 749 million yuan, 539 million yuan and 759 million yuan respectively. Among them, the high cost is still an unavoidable problem for the audio platform. According to the prospectus, Himalaya has signed contracts with more than 140 publishers, and also has in-depth cooperation with content production teams such as Deyun agency, Wu Xiaobo and Yu Qiuyu. In 2020, the cost of copyright purchased by the company was 255 million yuan, accounting for 6.3% of the total revenue.</p><p>At present, China’s online audio market is in the situation of three strong competitions among Himalaya, litchi and dragonfly FM, while Tencent, etc</p>]]></content:encoded>
            <author>benjamin-3@newsletter.paragraph.com (Benjamin)</author>
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            <title><![CDATA[Zhengfeng technology completed a round of financing of tens of millions of yuan and Yongsheng capital investment]]></title>
            <link>https://paragraph.com/@benjamin-3/zhengfeng-technology-completed-a-round-of-financing-of-tens-of-millions-of-yuan-and-yongsheng-capital-investment</link>
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            <pubDate>Sun, 24 Apr 2022 23:06:34 GMT</pubDate>
            <description><![CDATA[Recently, Nanjing Zhengfeng Information Technology Co., Ltd. (hereinafter referred to as “Zhengfeng technology”), an IT system operation and maintenance guarantee enterprise in the financial industry, announced the completion of a round of financing of tens of millions of yuan, and the investor is Yongsheng capital. This financing fund is mainly used for talent introduction, R & D of product matrix, market expansion, etc. Zhengfeng information is committed to providing software development bu...]]></description>
            <content:encoded><![CDATA[<p>Recently, Nanjing Zhengfeng Information Technology Co., Ltd. (hereinafter referred to as “Zhengfeng technology”), an IT system operation and maintenance guarantee enterprise in the financial industry, announced the completion of a round of financing of tens of millions of yuan, and the investor is Yongsheng capital. This financing fund is mainly used for talent introduction, R &amp; D of product matrix, market expansion, etc.</p><p>Zhengfeng information is committed to providing software development business, intelligent upgrade consulting and solutions for engineering, aviation, finance and other industries. We have successively launched intelligent customer experience and perception platform, chaos engineering platform, inversion and comparison test platform and other products to assist customers in many industries to comprehensively, accurately and timely discover the potential technical risks that may exist in the information system, improve the discovery ability, processing speed and system toughness of system faults, and improve the operation reliability of digital technology systems, Ensure that the digital technology system can be online 24 hours a day and operate stably and reliably, so as to improve the use effect and experience of end customers.</p>]]></content:encoded>
            <author>benjamin-3@newsletter.paragraph.com (Benjamin)</author>
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            <title><![CDATA[Taihang is dressed in silver]]></title>
            <link>https://paragraph.com/@benjamin-3/taihang-is-dressed-in-silver</link>
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            <pubDate>Mon, 18 Apr 2022 22:38:24 GMT</pubDate>
            <description><![CDATA[Recently, the Taihang Banshan mountain in Changzhi City, Shanxi Province cleared up after snow, and the mountains, villages and terraces were covered with snow, like ink paintings. (Sun Bingbing, Zhang Hongbo, Wang Zhifei) The villages at the foot of the mountain echo with the Taihang Banshan mountain from afar. Issued by Xinhuanet The Taihang Banshan mountain is still green after snow. Issued by Xinhuanet]]></description>
            <content:encoded><![CDATA[<p>Recently, the Taihang Banshan mountain in Changzhi City, Shanxi Province cleared up after snow, and the mountains, villages and terraces were covered with snow, like ink paintings. (Sun Bingbing, Zhang Hongbo, Wang Zhifei)</p><p>The villages at the foot of the mountain echo with the Taihang Banshan mountain from afar. Issued by Xinhuanet</p><p>The Taihang Banshan mountain is still green after snow. Issued by Xinhuanet</p>]]></content:encoded>
            <author>benjamin-3@newsletter.paragraph.com (Benjamin)</author>
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            <title><![CDATA[Digital technology enables Rural Revitalization]]></title>
            <link>https://paragraph.com/@benjamin-3/digital-technology-enables-rural-revitalization</link>
            <guid>4xd6cthEwizaOTfgXiAN</guid>
            <pubDate>Sat, 02 Apr 2022 11:49:45 GMT</pubDate>
            <description><![CDATA[The full implementation of the Rural Revitalization Strategy is an important guarantee to ensure the realization of the second Centennial goal. From a practical point of view, there are still some challenges to be overcome in consolidating and expanding the achievements of poverty eradication and comprehensively promoting rural revitalization. The digital economy can play a great role in dealing with relevant challenges. Over the years, in the process of urbanization and industrialization, ca...]]></description>
            <content:encoded><![CDATA[<p>The full implementation of the Rural Revitalization Strategy is an important guarantee to ensure the realization of the second Centennial goal. From a practical point of view, there are still some challenges to be overcome in consolidating and expanding the achievements of poverty eradication and comprehensively promoting rural revitalization. The digital economy can play a great role in dealing with relevant challenges.</p><p>Over the years, in the process of urbanization and industrialization, capital, technology and labor have been gathering in cities. Although rural areas are rich in land and natural resources, it is difficult to promote the transformation and upgrading of traditional agriculture in the absence of capital, talents and technology, and some characteristic resources are difficult to be effectively developed. Moreover, there is a long physical distance between the origin of agricultural products and the consumer market. Limited by some facilities, it is still difficult to sell agricultural products in some rural areas. In this case, by making good use of digital technologies such as cloud computing, big data, Internet of things and artificial intelligence, the form of industrial organization and business model can break through the limitations of time and space. Digital economy can play an important role in optimizing resource allocation and making up for the shortcomings of infrastructure.</p><p>Taking agricultural production as an example, the standardization and refinement of production links in traditional agriculture are low, the operation mode is extensive, and the added value of products is not high. However, after the empowerment of digital technology, through the real-time monitoring and data acquisition of agricultural production process, the dynamic spatial information system is generated to simulate and optimize the phenomena and processes in agricultural production, which can greatly improve the utilization efficiency of agricultural resources, reduce production costs, and significantly improve the added value of agricultural products. Moreover, the digital economy has also spawned new models such as creative agriculture, adoptive agriculture, sightseeing agriculture and urban agriculture, which enable urban consumers to have a more direct participation and experience in agricultural production and help promote the integrated development of urban and rural areas.</p><p>In the circulation of agricultural products, rural e-commerce plays a positive role in resolving the problem of “wine is also afraid of deep alleys”. On the one hand, relying on the channels and traffic of the Internet platform, farmers can reach consumers thousands of miles away without leaving home, saving offline promotion costs and rental costs of opening physical stores in the city. On the other hand, the development of live e-commerce enables consumers to better interact with farmers in real time, which is more grounded and improves the communication efficiency of products and services. Moreover, the continuous increase of e-commerce traffic in rural areas has brought a lot of demand for packaging, cold chain and warehousing, which will promote the continuous improvement of supporting infrastructure and related services of the supply chain such as warehousing and logistics. In this way, the internal circulation of agricultural products has been opened, and the opportunities for increasing farmers’ income have increased. While consolidating and expanding the achievements of poverty alleviation, it has also laid a foundation for the transformation of rural areas from product supply to increasingly important consumer markets.</p><p>In terms of the development of rural characteristic industries, relying on famous historical and cultural towns, villages and traditional villages to establish “digital cultural relics resource bank” and “Digital Museum”, the scientific development of characteristic cultural tourism resources is conducive to the development of rural tertiary industry, which is of positive significance for absorbing the labor force returning home for employment and the optimization and adjustment of economic structure in rural areas.</p><p>In terms of promoting the modernization of rural governance, the construction of digital government service platform can promote the online, immediate and fast running of government services, and improve the convenience of the masses. The promotion of Internet plus community and Internet plus public legal service mode in rural areas is conducive to the improvement of the rule of law at the grass-roots level and the resolution of contradictions. In addition, distance education and intelligent medical treatment relying on digital technology also play a positive role in promoting the balance of urban and rural education and medical resources, and improving the quality of rural population and the level of social security.</p><p>In short, digital economy can drive the development of agriculture and rural areas with innovation driven and technological empowerment, improve the income level of farmers and promote the modernization of rural governance. It should play a greater role in Rural Revitalization. First, we should promote the application of new generation information technology in agricultural production, promote the digital and intelligent transformation of traditional agriculture, and improve agricultural production efficiency. Second, support the development of rural e-commerce, improve the modernization level of agricultural product supply chain, and promote the circulation and consumption of agricultural products. Third, digitize the culture, tourism and other characteristic resources in rural areas, realize the cloud and chain, and promote the high-quality development of characteristic industries. Fourth, we should take the construction of digital countryside as an opportunity to improve rural digital infrastructure, improve the quality of public services such as education and medical treatment in rural areas, and promote the modernization of rural governance system and governance capacity.</p>]]></content:encoded>
            <author>benjamin-3@newsletter.paragraph.com (Benjamin)</author>
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            <title><![CDATA[Haikou Xiuying port piloted the full reservation sea crossing mode of ship intelligent stowage]]></title>
            <link>https://paragraph.com/@benjamin-3/haikou-xiuying-port-piloted-the-full-reservation-sea-crossing-mode-of-ship-intelligent-stowage</link>
            <guid>7NPKG0IVi6XIaXq0DBPB</guid>
            <pubDate>Thu, 31 Mar 2022 01:01:40 GMT</pubDate>
            <description><![CDATA[PinWan on March 7, according to the financial Associated Press, Xiuying port in Haikou, Hainan will comprehensively try out the intelligent ship stowage full reservation out of the island mode from now on. Predict the daily passenger volume by intelligent means, combined with the actual passenger demand, and fully consider the complementary integration of port waiting for ferry and ship stowage, so as to further improve the service quality and traffic efficiency of passenger and RO ro transpo...]]></description>
            <content:encoded><![CDATA[<p>PinWan on March 7, according to the financial Associated Press, Xiuying port in Haikou, Hainan will comprehensively try out the intelligent ship stowage full reservation out of the island mode from now on.</p><p>Predict the daily passenger volume by intelligent means, combined with the actual passenger demand, and fully consider the complementary integration of port waiting for ferry and ship stowage, so as to further improve the service quality and traffic efficiency of passenger and RO ro transportation in Qiongzhou Strait.</p>]]></content:encoded>
            <author>benjamin-3@newsletter.paragraph.com (Benjamin)</author>
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            <title><![CDATA[Dubai Station - Murray fought hard in three sets to reverse his narrow victory and qualified players]]></title>
            <link>https://paragraph.com/@benjamin-3/dubai-station-murray-fought-hard-in-three-sets-to-reverse-his-narrow-victory-and-qualified-players</link>
            <guid>pH9B9UBorzUDZj1FSm7K</guid>
            <pubDate>Sat, 05 Mar 2022 19:19:56 GMT</pubDate>
            <description><![CDATA[Murray said after the game: he still believes that he is competitive in the highest level of competition On February 22, Beijing time, the 2022 atp500 Dubai Tennis Championship launched the first round of men’s singles competition. Andy Murray, the former champion of the games with a wild card, beat O’Connell in the qualifying match 6 (4) - 7 / 6-3 / 7-5 to advance to the second round in a three set war that took nearly three hours. Murray’s opponent in the next round will be the winner betwe...]]></description>
            <content:encoded><![CDATA[<p>Murray said after the game: he still believes that he is competitive in the highest level of competition</p><p>On February 22, Beijing time, the 2022 atp500 Dubai Tennis Championship launched the first round of men’s singles competition. Andy Murray, the former champion of the games with a wild card, beat O’Connell in the qualifying match 6 (4) - 7 / 6-3 / 7-5 to advance to the second round in a three set war that took nearly three hours. Murray’s opponent in the next round will be the winner between No. 4 seed Sina and davidovic.</p><p>Andy Murray once won the men’s singles champion of Dubai Tennis Championship in 2017. However, due to injury and surgery, Murray’s ranking has fallen sharply. Even if it has rebounded in recent times, he is only 89th. He has to get a wild card to play directly from the main match. Murray faced Australian player O’Connell, who ranked only 158 in the world in the first round. This game is the first time in their career.</p><p>In the first set, Murray was broken in the 9th inning, but he broke back immediately under great pressure. However, with the advantage of 3-1 lead, O’Connell played a small climax of winning three points in two waves, so Murray lost the first set by 4-7.</p><p>In the second set, Murray made a strong break in the way of love game and opened 2-0. With O’Connell’s inevitable serve broken in the 9th inning, Murray won the next set 6-3 to regain the city.</p><p>In the third set, Murray struggled to keep his serve after many equal points and resolving four break points in the 9th set. After the successful break in the 12th set, Murray won the decisive set 7-5, so as to defeat O’Connell.</p><p>Other achievements in the first round of men’s singles</p><p>Viselli 6-4 / 7-6 (3) silic</p><p>Daniel taro 6-3 / 7-6 (5) Goffin</p><p>Krajinovich 6 (4) - 7 / 6-2 / 6-4 jaziri</p>]]></content:encoded>
            <author>benjamin-3@newsletter.paragraph.com (Benjamin)</author>
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