How big can Xiaomi grow? Growth is in a bottleneck, and it is "just using each other" with eco-chain enterprises.

Domestic mobile phones Xiaomi and Meizu are preparing for a press conference in a hotel in Beijing at the same time this week. I believe many people will feel a little happy.

In August and September of last year, Xiaomi’s annual flagship mobile phone should have been released. However, at the press conference to compete with Meizu, Xiaomi released a brand-new product line-Xiaomi 4c, with a price of 1299 yuan, instead of the expected Xiaomi 5.

As a result, Xiaomi, who claims not to engage in "sea tactics", has developed two sets of new products this year: Xiaomi Note, which focuses on the high-end market, and Xiaomi 4c, which is positioned between Xiaomi and Redmi.

Xiaomi, founded five years ago, has been catching up with Apple and Samsung, and has become the top smartphone manufacturer in China. After building a huge user base through cheap mobile phones, Xiaomi built an ecological chain, hoping to expand into profitable Internet service projects. In December 2014, Xiaomi received $1.1 billion in financing, and its valuation soared to $45 billion, making it an entrepreneurial company with a global valuation second only to Uber.

However, the outside world is worried about whether Xiaomi has encountered a bottleneck in the high-speed growth channel.

The obvious figure is that since the first device was released in 2011, Xiaomi’s smartphone sales have doubled every year. However, in the first half of 2015, Xiaomi’s mobile phone sales reached 34.7 million units, a year-on-year increase of only 33%. This achievement is also less than half of the annual mobile phone sales set by Xiaomi Chairman Lei Jun at the beginning of the year. The goal is to guarantee 80 million units and sprint 100 million units.

Where is Xiaomi 5?

The rise of Xiaomi in China market originated from imitating Apple, but its price is less than half that of Apple. In the face of market criticism, Xiaomi subsequently improved the product design and began to introduce differentiated products.

At the beginning of this year, various analysts predicted that the growth rate of the global smartphone market would slow down this year. IDC also predicted that China’s market growth rate was lower than that of the whole world for the first time, only 2.5%.

Xiaomi, which has been growing at a high speed, has not been spared.

Lv Junkuan, chief analyst of market research firm Gartner Smartphone, told The Paper (www.thepaper.cn), "We observed that Xiaomi’s sales were still concentrated in Redmi series, but in the same price band, Xiaomi was strongly competitive by other manufacturers, such as Meizu and Glory, so its performance in the first half of the year was not as good as expected."

In the second half of the year, Xiaomi still runs through Redmi. Redmi is a thousand yuan machine released by Xiaomi Company, which is positioned lower than Xiaomi. Xiaomi released Red Rice Note 2 in August. Although it was accused by users of "false propaganda" and did not use Sharp or AUO’s screen according to the propaganda slogan, it was still very popular. According to the data released by Xiaomi, the sales volume of this machine reached 2.15 million units in one month, which set a record for the single-month shipment of Xiaomi and Redmi series mobile phones.

It stands to reason that the annual flagship machine can also bring considerable sales. However, this year, Xiaomi 5 was postponed. In this regard, the industry says that Xiaomi 5 is waiting for Qualcomm Xiaolong 820 processor or MediaTek 10-core processor, but these two processors may not be released until the end of the year. Xiaomi considered Xiaolong 810 before, but gave up for various reasons.

"Xiaomi 4c may be to fill the gap (before the arrival of Xiaomi flagship Xiaomi 5)." Wang Yanhui, secretary-general of China Mobile Alliance, told The Paper (www.thepaper.cn).

"Hunger Marketing" is history

Xiaomi is also changing the sales model.

In the past, it was very difficult to buy the latest Xiaomi mobile phone. Even in September this year, a diary of a Wall Street Journal reporter who spent two months buying Xiaomi was madly transferred online. Now, including the latest Xiaomi 4c, users can go to third-party e-commerce channels such as Tmall to buy, or they can go to the offline Xiaomi home to queue up for purchase.

Lin Bin, president of Xiaomi, recently released this signal frequently: "The biggest change of Xiaomi in the past six months is that we have changed from an abnormal e-commerce to a normal e-commerce. The outside may not feel anything, but it is very important to us internally. We call it’ Xiaomi 2.0′. "

As for the reason why I couldn’t buy a mobile phone before, I’m afraid only Xiaomi himself can figure it out. Some people say that this is Xiaomi hunger marketing, and the official said that this is because the production capacity can’t keep up with the user’s demand.

Xiaomi said that the change in sales model is not to cope with the completion of the annual target.

"Xiaomi no longer pursues the first launch of a chip, but is more concerned about whether the mobile phone is stable after it comes out. Under the’ Xiaomi 2.0′ mode, the mobile phone will be sold in large quantities and the quality must be good, otherwise there will be big problems." Lin Bin said.

Opponent "pixel level" copy

Lu Junkuan did not predict whether Xiaomi could achieve the annual target. He said: "The China market showed signs of recovery in the third quarter, and at the same time, we expect the China market to warm up in the second half of the year. The reason is that the main festivals are concentrated in the second half of the year, plus more new machines are released, such as a new generation of iPhone, Huawei Mate S and Samsung Note5. "

Competition in the mobile phone market is still fierce, and other smartphone manufacturers are even trying to copy Xiaomi. Both mobile phone manufacturers such as Lenovo, Huawei and ZTE, and new mobile phone manufacturers such as 360 and LeTV have launched products that compete with Xiaomi mobile phones. "Crazy price wars, homogeneous products, unprofitable business models." Internet analyst Wang Bin said.

Hugo barra, vice president of Xiaomi Global, said in July that Xiaomi’s competitors were chasing the old business model. "I think the model they are currently adopting is the model we adopted maybe a year ago, and we are still innovating."

In 2013, Xiaomi hired the former Google vice president to take charge of international expansion, but at present, Xiaomi mainly enters the Indian market. Xiaomi said that Xiaomi is already the fifth largest mobile phone manufacturer in the Indian market, and India’s smartphone sales this year are 80 million units.

In fact, many local start-up mobile phone manufacturers in China have chosen India as a transit point to enter the international market. This is mainly because the United States and other markets have very strict requirements for patents, and the weak patents of China manufacturers are a common problem. Even so, Ericsson still got into trouble last year and once stopped selling Xiaomi.

"If Xiaomi regards domestic manufacturers as rivals and restrains energy, it is doomed to an increasingly cruel profit squeeze trend, which may destroy its original market space." Fang Xingdong, chairman of Internet Lab, said.

Chen Tong is "quite satisfied" with the TV business.

After several rounds of strategic changes, Xiaomi is currently centered on three product lines: mobile phone, TV and router.

Regarding TV, the government has not released detailed data. Xiaomi, which has not yet been listed, has no obligation to announce a lot of data.

Chen Tong, who jumped from Sina editor-in-chief a year ago and joined Xiaomi as vice president, spent $400 million, less than half, on the $1 billion investment fund that Lei Jun gave him. Chen Tong told The Paper (www.thepaper.cn) frankly that there is still a lot to be done in TV content, such as the membership system of various video websites needs to be opened, and it is not yet possible to watch all paid content with one vote, and cinema movies cannot be broadcast on TV simultaneously. Chen Tong also admitted that after-sales maintenance is Xiaomi’s weakness.

This year, Xiaomi TV "achieved Lei Jun’s expectations, but the long March has only taken one step. The competition is long, and it will not be seen in two or three years, but the Internet TV faction will win in the end." Chen Tong said.

This year, Xiaomi and Letv had a quarrel, which seemed to be a content dispute, but in fact it was a mode dispute. Letv does not rely on hardware to make money, but relies on the mode of charging service fees and ecological services to make profits, which is in direct conflict with the hardware profit model on which Xiaomi depends.

If it can attract attention and sales by mouth-to-mouth, it should be excellent.

Xiaomi Ecological Chain: "We use each other"

Xiaomi is still laying out the ecosystem around the mobile phone, which is the future of Xiaomi.

Xiaomi plans to invest in 100 eco-chain enterprises to replicate the "Xiaomi model", launch low-priced intelligent hardware products, and open brands and traffic to them.

Explosive products such as mi band, Smart weighing scale, Air Purifier, smart plug, etc. began to enter daily life. Xiaomi told The Paper that Xiaomi has invested in about 40 eco-chain enterprises.

According to The Paper (www.thepaper.cn), the relationship between Xiaomi and its eco-chain enterprises is becoming subtle.

Insiders of an enterprise in Xiaomi Eco-chain told The Paper, "Users only recognize Xiaomi’s brand, but not their own. If the goods produced for Xiaomi develop very well, it will be both good and bad for us. We don’t want to be an OEM. I think that we are actually using each other with Xiaomi. "

However, this statement was refuted by Huang Wang, CEO of Huami Technology. "We regard the wearable products of Xiaomi brand as our own brand, do research and development, do sales and do market operations, just like the Amazfit brand, but the user base is different and the marketing methods are different." He told The Paper (www.thepaper.cn). Mi band is made by Huami Technology, and it is the only eco-chain enterprise product that is still out of stock after open purchase.

Some commentators said that it is faster for eco-chain enterprises to expand in Zhang Zhilu and adapt to China. But at the same time, it means that this former subversive has become a typical "Chinese giant"-building barriers by high enough market share and traffic, rather than exporting technology and patents.

Some people also say that this is the story that Xiaomi told the capital market. "Selling a purifier is to get a user, and selling a mobile phone is also a user. In the future, Xiaomi can provide users with more added value in big data mining."

"Xiaomi Company is not valued as a hardware company, but as an Internet company. The standard for measuring the valuation is the number of users." Wang Yanhui said that the value of "running sales" of red rice mobile phone series was also highlighted.

Pan Nongfei, another fast-growing start-up in China, the vice president of DJI Innovation, a drone manufacturer, once commented on Xiaomi: "After several years, Xiaomi has become a $45 billion elephant, but recently it released a new product, a patch panel in 49 yuan. Does China really lack a tens of billions of dollars company to make patch panels? Rejecting the cottage, making products with high brand premium and doing value-added innovation, this road, if the older generation of entrepreneurs and enterprises have no ability, will and courage to take this step, let the new generation of entrepreneurs and enterprises complete this mission. "

"What is the ecosystem based on smart phones? At present, it is far from an outline. If you really have a chance to build an ecology, you need at least a killer application with a billion users. The top two companies with the most opportunities are Apple and Google. These two companies control the operating system and the app store, but their ecosystem is still very uncertain and unstable. " Fang Xingdong said.

Hershey, USA changed hands and golden monkey returned to his hometown in Henan.

  Dahe News: After four years of bumpy marriage, Hershey in the United States finally broke up with the golden monkey.

  On July 25th, Dahe Daily Dahe Finance Cube reporter confirmed from Hershey Company in the United States that Hershey Company in the United States sold golden monkeys, and the receiver was Henan Yuxiang Food Technology Co., Ltd.. The reporter found from the national enterprise credit information publicity system that the relevant changes have been completed.

  This also means that the golden monkey who married Hershey Company in the United States has returned to his hometown in Henan.

  Hershey’s exclusive response confirmed that the golden monkey returned to Henan.

  As early as July 10th this year, Dahebao Dahe Finance Cube reporter got an exclusive message that Zhengzhou Xiangying Venture Capital Fund will "marry" the golden monkey from Hershey in the United States, but related matters are still under further negotiation.

  On July 25th, Hershey Company of the United States responded exclusively to Dahe Daily reporter Dahe Finance Cube, saying that "focusing on chocolate category to promote growth is an important part of Hershey Company’s latest business strategy. Therefore, we decided to sell the golden monkey business to Henan Yuxiang Food Technology Co., Ltd. ".

  However, Hershey did not disclose the specific price of the golden monkey. Although the Golden Monkey business is sold, the United States said that it is "still optimistic about China’s market potential and Hershey’s growth opportunities in China, and will focus on e-commerce and product innovation".

  Dahebao Dahe Finance Cube reporter inquired about the national enterprise credit information publicity system and found that Henan Yuxiang Food Technology Co., Ltd. was established on March 30, 2018 with a registered capital of 50 million yuan and the legal representative is Zhao Ke.

  Henan Yuxiang Food Technology Co., Ltd. is 100% owned by Zhengzhou Xiangying Venture Capital Fund (Limited Partnership), which is established by six natural person shareholders including Zhang Jianfeng and Buwenpu and Tibet Cangying Venture Capital Management Co., Ltd..

  According to the national enterprise credit information publicity system, on July 20th, Shanghai Golden Monkey Food Co., Ltd. completed the change of directors’ filing and investors’ (equity).

  The directors were changed to Zhao Ke, Zhang Fan, Zhang Jianfeng, Pu Qianwen and Bu Wenpu. The investor (stock right) is changed to the sponsor: Shanghai Zhaoshi Industrial Investment Co., Ltd. and Shanghai Huyu Investment Management Co., Ltd.

  It can be seen that Zhao Ke, the legal representative of Henan Yuxiang Food Technology Co., Ltd., and Zhang Jianfeng and Bu Wenpu, natural person shareholders of Zhengzhou Xiangying Venture Capital Fund (Limited Partnership) all attended the board of directors.

  At the same time, Zhang Jianfeng is the chairman and general manager of Golden Monkey.

  Can the return of the golden monkey be interpreted as "the return of the Great Sage"?

  There are many rumors that Hershey broke up with the golden monkey in the United States. Although the sale was a real hammer, a little-known Henan enterprise "married" the golden monkey, but many people in the industry said that they "thought of the beginning, but did not guess the end".

  However, Dahebao Dahe Finance Cube reporter checked the public information and found that the sponsors after the change of the golden monkey investor (equity): Shanghai Zhao’s Industrial Investment Co., Ltd. and Shanghai Huyu Investment Management Co., Ltd. are all closely related to Zhao Qisan, the founder of the golden monkey.

  According to the national enterprise credit information publicity system, the legal person of Shanghai Zhaoshi Industrial Investment Co., Ltd. is Zhao Qisan, while the other two shareholders, Zhao Dongwang and Zhao Dongming, according to media reports, should be Zhao Qisan’s sons. Shanghai Huyu Investment Management Co., Ltd. has been renamed Shenqiu Huyu Investment Management Co., Ltd., and Shenqiu is the hometown of Zhao Qisan and the birthplace of Golden Monkey.

  For this, the reporter repeatedly called Zhao Qisan himself and people around Zhao Qisan, but failed to get in touch.

  Golden Monkey originated in shenqiu county, Henan Province in 1992. After nearly 30 years’ efforts, it has grown from a township enterprise to a well-known brand specialized large-scale food group in China. The produced toffee has become the happiest taste after accompanying 70 and 80.

  Whether the return of the golden monkey can be interpreted as "the return of the Great Sage", many people in the industry also hold a wait-and-see attitude. Zhu Danpeng, a food industry analyst in China, believes that whether the golden monkey can return to complete the "Great Sage Return" still needs efforts in three aspects. "The first is to establish a sales team first; The second is to repair the opportunity with channel providers. After years of tossing, the relationship between terminals is relatively weak; The third is that the original product line should be adjusted, and the products need to be innovated and upgraded. " Zhu Danpeng predicted that 2018 will be a restoration period for the golden monkey, and whether it can develop rapidly depends on the key year of 2019.

  The reporter called Zhao Ke, the legal representative of Henan Yuxiang Food Technology Co., Ltd., who said that due to the relevant agreement, more details could not be disclosed at present. However, Zhao Ke revealed that in August this year, Golden Monkey will hold a dealer meeting in Zhengzhou to inform the future strategy of Golden Monkey. (Dahe Daily Dahe Finance Cube reporter Chen Pei Zhou Shilong Intern Liu Wei)

Hamas will release the first Israeli hostages

  China news agency, Beijing, November 24-Comprehensive news: As a mediator, the Qatari Foreign Ministry announced on the 23rd that the Palestinian Islamic Resistance Movement (Hamas) will release the first batch of Israeli hostages at 16: 00 local time on the 24th.

  According to Al Jazeera, a spokesman for the Qatari Ministry of Foreign Affairs said on the 23rd that a ceasefire will start in Gaza at 7: 00 on the 24th. At 16: 00 on the same day, Hamas will release the first batch of Israeli hostages, including 13 women and children.

  According to the Israel Times, the Israeli Prime Minister’s office confirmed the news and said that Israel has received a preliminary list of hostages expected to be released.

  The Kasang Brigade, an armed faction affiliated to Hamas, also said that a ceasefire will start in the Gaza on the morning of 24th for four days, and a total of 50 Israeli hostages will be released. In exchange, for every Israeli hostage released by Hamas, Israel will release three Palestinian prisoners, totaling 150.

  According to Reuters news, the Egyptian side said that during the ceasefire period, 200 aid trucks and 4 fuel trucks will enter the Gaza through the Rafah port every day.

  Israeli Defense Minister said on the evening of 23rd that once the temporary cease-fire with Hamas ends, the Israeli army will resume military operations, which will last for at least two months.

  The Israel Defense Forces said on the 23rd that a commander of Hamas’s naval forces was killed in an air raid on the Gaza that night. On the 23rd, the Israeli army also launched air strikes against various infrastructure and rocket launching sites of Hezbollah in Lebanon in response to Hezbollah’s rocket launch in northern Israel earlier that day.

Finland formally joined NATO, and Russia said that the situation in northern Europe has changed fundamentally.

  Xinhua News Agency, Brussels, April 4 th Comprehensive Xinhua News Agency reporters abroad reported that the North Atlantic Treaty Organization (NATO) held a ceremony for Finland to join NATO at its headquarters in Brussels on the afternoon of April 4. Finland became the 31st member of NATO.

  On April 4th, at NATO headquarters in Brussels, Belgium, NATO Secretary General Stoltenberg spoke at the ceremony of Finland’s accession to NATO. Xinhua News Agency reporter Zheng Huansong photo

  Earlier in the day, Finnish Foreign Minister haavisto submitted the document of Finland’s accession to NATO to US Secretary of State Blinken, the depository of NATO documents, marking Finland’s formal accession to the Treaty. Finnish President Ninisto said at the signing ceremony on the same day that Finland’s accession to NATO marked the end of the era of military non-alignment.

  NATO Secretary General Stoltenberg said at the ceremony that this is the fastest accession process in NATO history, and he also expects Sweden to join as soon as possible.

  On April 4, at NATO headquarters in Brussels, Belgium, Finnish President Ninisto spoke at the ceremony of Finland’s accession to NATO. Xinhua News Agency reporter Zheng Huansong photo

  The Russian Foreign Ministry issued a statement on the same day saying that Northern Europe was once one of the most stable regions in the world. With Finland’s accession to NATO, the situation in this region has undergone fundamental changes, and Finland’s accession to the treaty has a negative impact on Russia-Finland relations. On the same day, Russian Presidential Press Secretary peskov said that NATO’s expansion was damaging to Russia’s security and interests. Russia will take countermeasures to ensure its own security tactically and strategically.

  The Finnish Peace Committee, a non-governmental organization, wrote in official website on the same day that armed and military alliances will not promote peace, and what is needed to achieve peace is diplomacy, peace negotiations and the resumption of agreement-based cooperation within the framework of the United Nations.

  On April 4th, at NATO headquarters in Brussels, Belgium, Finnish President Ninisto (left) and NATO Secretary General Stoltenberg spoke to the media. Xinhua News Agency reporter Zheng Huansong photo

  Finland and Sweden applied to join NATO at the same time in May 2022. In July of the same year, representatives of 30 NATO member countries signed the protocol of Finland and Sweden’s accession to the treaty. According to the rules, NATO can only recruit new members on the premise of "unanimous consent" of 30 member States. At present, Turkey and Hungary have not formally approved Sweden’s accession. (Participating in reporters: Ren Ke, Chen Jing, Huang He)

European Observation Room | Review of US-European Relations in 2023: An EU that does not want to be marginalized

[Editor’s note]

This article is the 44th column of "European Observation Room" jointly published by Shanghai European Society and The Paper (www.thepaper.cn) "Diplomatic Scholar". On December 1st, Shanghai International Studies University and the Shanghai European Society held a conference on "Europe-America Relations Trend Report 2023" and a seminar on "Europe-America Sino-Russian Relations under the Influence of Euro-American Transatlantic Relations", at which the Annual Report on Europe-America Relations Trend 2023 (hereinafter referred to as "Report") was released.

After the twists and turns from Obama to Biden, the relationship between Europe and the United States has taken an obvious turning point under the pressure of the Russian-Ukrainian conflict. By 2023, the relationship between the two sides has entered a relatively stable year. Just as the president of the Shanghai European Society,Ding Chun, a professor at Fudan University, wrote a preface for the Report, saying that the differences between the United States and Europe have not disappeared under the relatively stable pattern of the United States dominating Europe, but they should not be exaggerated. However, in specific topics and national relations, the relationship between the United States and Europe shows different forms and characteristics, which also leaves room for China to develop specific relations and realize national interests. A more timely and detailed study of the United States and Europe is of greater significance at present. The "European Observatory" recently published some articles in the Report.

The year 2023 is an important year for the world to get rid of the shadow of the COVID-19 epidemic, and it is also a year in which the Ukrainian crisis presents a long-term and complicated situation. Judging from the political and diplomatic relations between the European Union and the United States, the two sides continued to maintain the institutionalized and normalized dialogue and coordination after Biden took office, but the inherent differences of interests began to re-emerge as the "honeymoon period" aimed at repairing the alliance gradually passed. At the same time, in the face of regional hot issues such as the Ukrainian crisis and the Palestinian-Israeli conflict, the United States and Europe share common positions, but there are also differences in attitudes. Consultations between the two sides on these hot issues are becoming more and more frequent.

1. Normalization and institutionalization of EU-US political and diplomatic interaction

In 2023, the political and diplomatic interaction between the EU and the United States includes not only the exchange of visits and consultations between European and American leaders, but also the meetings and exchanges between the two sides on multilateral occasions.

On March 10th, 2023, in Washington, USA, European Commission President Ursula von der Leyen met with US President Biden. 澎湃 image data map

From a bilateral perspective, on March 10th, 2023, European Commission President Ursula von der Leyen visited the United States and met with Biden. On October 20, 2023, President Michelle and Ursula von der Leyen of the European Council visited Washington, D.C., and jointly held the second US-EU summit with US President Biden, and issued a joint statement after the meeting. In addition, other senior officials of both sides also interact frequently. For example, in early April 2023, US Secretary of State Blinken and EU High Representative for Foreign Policy and Security Affairs borrell co-chaired the EU-U.S. Energy Council); in Brussels; At the end of May, several executive vice-presidents of the European Commission, together with officials such as Blinken, Minister of Commerce and Trade Representative, held the fourth ministerial meeting of the Euro-American Trade and Technology Council. On June 22, 2023, U.S. Deputy Secretary of State Newland and Secretary-General of the European External Action Agency Stefano Sannino co-chaired the second dialogue between the United States and Europe on China and the fourth high-level consultation on the so-called "Indo-Pacific region".

At the multilateral level, the interaction between Europe and the United States mainly includes Biden’s trip to Europe in mid-July to attend the NATO summit in Vilnius, the capital of Lithuania, a Baltic country, and the EU, as a key partner of NATO, was also invited to attend the summit. The G-7 summit held in Hiroshima, Japan in May 2023 and the 18th summit of G-20 leaders held in New Delhi in September also became important platforms for Biden to communicate with Michelle and Ursula von der Leyen who were invited to attend the meeting. It can be said that these annual and institutionalized bilateral dialogues and multilateral meetings have become the main channels for normalized exchanges and consultations between the EU and the United States.

On October 20th, 2023, local time, the US-EU summit was held in Washington, USA. European Commission President Ursula von der Leyen and European Council President Michelle met with US President Biden. 澎湃 image data map

Second, the main topics and purposes of EU-US political and diplomatic interaction

Judging from the content involved, the political and diplomatic interaction between the EU and the United States in 2023 mainly revolves around the following two goals.

First of all,Maintain the consistency of the positions of the United States and Europe on major hot issues and ensure the continuity and stability of the US commitment.The Russian-Ukrainian conflict has entered the second year, and the stalemate in the war indicates that this conflict will develop in a long-term and complicated direction. This makes the EU particularly worried that the United States will waver in any form on the Ukrainian issue, otherwise it will lead the EU and its member States to "fight alone" in the action of "supporting Ukraine and curbing Russia". For example, in October 2023, the US Congress failed to approve a new round of aid to Ukraine in time due to domestic political struggles, which caused great concern in the EU. During the Third European Political Community Leaders’ Meeting, borrell made it clear that "Europe can certainly not replace the United States" on the question of whether Europe can fill the gap in American aid to Ukraine. Therefore, the commitment of continuous assistance to Ukraine has become the core content of every dialogue between the United States and Europe. For example, in the joint statement issued after the second US-EU summit, the two sides once again stressed that long-term political, financial, humanitarian and military support for Ukraine will not waver. The two sides stood shoulder to shoulder and demanded that Russia end the war and immediately, completely and unconditionally withdraw its troops and equipment from internationally recognized Ukrainian territory. Moreover, the two sides have also given a unified attitude towards other political solutions to the Ukrainian issue proposed by all parties in the international community, that is, any proposal to pursue comprehensive, just and lasting peace must be based on complete respect for Ukraine’s independence.

The Palestinian-Israeli conflict that broke out in October, like the Ukrainian issue, occurred in the surrounding areas of the EU, which once again posed a serious security threat to the EU. Therefore, the coordination of positions on the Palestinian-Israeli conflict has become another important issue of regional security in the United States and Europe. In the above-mentioned joint statement, Europe and the United States not only recognized Israel’s right to self-defense, but also emphasized the premise of "conforming to international law, including humanitarian law" and the importance of protecting civilians and ensuring corresponding material supply channels. This joint statement can be regarded as the strengthening of position coordination between the United States and Europe, and the rectification of the "one-sided" attitude and "unreserved solidarity" towards Israel in the early stage of the Palestinian-Israeli conflict.

Secondly,The United States and Europe hold consultations around the differences of interests, hoping to achieve the coordination of US and European policies and the compatibility of interests.In the second half of 2022, the Biden administration of the United States promulgated the Inflation Reduction Act, which plans to provide subsidies and tax incentives worth $369 billion for green technologies. These preferential measures will only be given to those related enterprises that have settled in the United States for manufacturing. This legislation immediately triggered strong dissatisfaction and worry in the European Union, fearing that the US bill would lead to a large outflow of domestic industrial capacity in Europe and cause a huge blow to the European economy. Therefore, the purpose of Ursula von der Leyen’s visit to the United States on March 10, 2023 was to negotiate with Biden on the Inflation Reduction Act, hoping to push the United States to make corresponding amendments and adjustments, but in vain.

In addition to the Inflation Reduction Act, the Biden administration of the United States has successively issued a series of policies and bills to activate the development of specific industries in the country, such as the Chip and Science Act (August 2022), the National Defense Production Act (June 2022), and the Infrastructure Investment and Employment Act (November 2021). Faced with these competitive modes, mainly through tax reduction or exemption, loans or subsidies, the European Union successively launched the Green Deal Industrial Plan, the Clean Zero Industry Act and the Key Raw Materials Act in 2023 as a response, relaxing the restrictions on subsidies provided by member States to specific industries, strengthening the requirements for the proportion of production capacity within the region, and improving the investment environment for green technology production. As the global governance issue of climate change is more and more closely related to the production capacity and social employment of various countries, the compatibility of industrial policies, economic legislation and economic stimulus measures is increasingly appearing in the political dialogue and consultation agenda between the United States and Europe. Similarly, such issues also dominated the second summit between the two major EU leaders and the Biden administration in October. However, the two sides failed to reach an agreement on the export tariff agreement for steel and aluminum.

Furthermore,The EU urgently needs to ensure that it will not be marginalized in the tripartite game between China, the United States and Europe.Ensure that US-European interaction takes precedence over Sino-US interaction. The joint statement issued by the two sides after the second EU-US summit clearly stated that they are using various bilateral and multilateral platforms to discuss their China policies. On the one hand, both sides are ready to build a constructive and stable relationship with China, recognizing the importance and necessity of strengthening China’s cooperation in the fields of climate change, biodiversity, debt sustainability, global public health governance, macroeconomic stability, etc., but on the other hand, both sides also emphasize the importance of risk reduction and diversification of the industrial chain and the necessity of protecting certain advanced technologies. In addition, the two sides have once again expressed their common position and principles on the Taiwan Strait issue, the situation in the South China Sea, Xinjiang, Tibet and Hong Kong, and the Ukrainian issue. From the time point of view, the interaction between the United States and Europe on China policy was earlier than the San Francisco meeting between the top leaders of China and the United States on November 15, 2023 and the China-EU Summit held in Beijing on December 7, 2023, achieving the goal of giving priority to coordination.

Third, the future prospect of EU-US political and diplomatic relations

Under the background of the persistent game between big countries, frequent and difficult regional conflicts, and increasingly urgent global governance issues, the political and diplomatic interaction between the EU and the United States is one of the main ways to maintain the stability and unity of transatlantic relations, expand their voice and influence in the international community, and maintain the dominance of Western alliance relations in international affairs. However, the seemingly solid alliance is also facing many challenges. Therefore, the political and diplomatic interaction between the United States and Europe is also a mirror that reflects the differences in positions and interests between the two sides. Despite the frequent political and diplomatic interactions between the EU and the United States since Biden took office recently, whether this seemingly solid alliance can continue to be consolidated and enhanced in the future depends on many uncertain factors in the era of chaos.

First of all,The future direction of US-European relations is closely related to the internal political game between the two sides.From the perspective of the United States, the presidential election in 2024 has already begun. The possibility of Trump’s comeback should not be underestimated. The foreign policy of the United States has been changing with the change of president. For example, the climate policy of the United States has undergone several rounds of general adjustment from the Clinton administration to the Biden administration. This undoubtedly affects the nerves of European allies on the other side of the Atlantic. From the perspective of the EU, under the complicated and special mechanism of the EU, there are different opinions between leaders of different institutions and between different member States on important issues such as US-Europe relations and regional conflicts, which affect the unity and consistency of the EU’s foreign policy. For example, the differences between Ursula von der Leyen, Michelle and borrell have been exposed quite openly for many times. Ursula von der Leyen’s overly pro-American stance and strong stance in the field of EU diplomacy have earned him the title of "American agent" inside and outside the EU. The year 2024 will be the election year for the European Parliament and the appointment year for three important figures, namely, the President of the European Commission, the President of the European Council and the High Representative for Foreign Policy and Security Affairs. Their views on Europe’s position and role in the international order and US-Europe relations will have an important impact on the future US-Europe relations.

Secondly,Whether the differences in economic and security interests between the United States and Europe are enlarged or narrowed will also profoundly affect the political and diplomatic relations between the two sides.From the perspective of economic interests, Germany, the economic engine of the European Union, is experiencing a difficult transition period of industrial structure and energy structure. A series of economic stimulus measures with obvious protectionism in the United States have seriously damaged the economic development prospects of Germany and even the whole European Union, which has further widened the differences of interests between the United States and Europe in the fields of economy, trade and investment and interfered with the synchronization of political and diplomatic actions between the United States and Europe. From the perspective of security interests, the long-term and complicated conflict between Russia and Ukraine may lead to different views in the west on how to end the conflict, which will also interfere with the consistency of the positions of both sides and the efficiency of their actions.

(Long Jing, deputy director of European Studies Center of Shanghai Institute of International Studies. The original title of this article is "Review of European and American Political and Diplomatic Relations", and now the title is drafted by the editor. )

Drive out a luxurious and dignified panda with a rear drive from 46,900.

The times and technology are progressing, and high-tech configuration has become the standard of many cars, which brings consumers a better experience. Xiaobian is going to introduce pandas to you today. Let’s take a look at it together.

First of all, from the appearance, the design of the panda’s front face is very simple and unforgettable. Coupled with simple headlights, it can win the love of young people. The car is equipped with LED daytime running lights, delayed shutdown and so on. Coming to the side of the car body, the size of the car body is 3135 mm * 1565 mm * 1655 mm. The car adopts lovely lines, and the car body looks very simple and fashionable. With large-sized thick-walled tires, the overall visual effect is very clean and refreshing. In the rear part, the overall shape of the panda tail echoes the front face, and the taillights present a fashionable design style, and the overall shape is still very attractive.

Sitting in the car, the panda interior looks very calm and meets the aesthetic standards of young people. The steering wheel of the car is well designed, made of plastic material and has a high palm fit. Take a look at the central control, with an 8-inch central control screen, which makes the interior design quite layered, which is in line with the temperament of the car. The dashboard and seats are equally eye-catching. The dashboard of the car presents a cool design style, and the sports atmosphere is relatively in place. The car uses a leather/fabric mixed seat, which is wide and thick and comfortable.

Panda matching gearbox, 30KW, 110N.m, with good power performance.

Panda is equipped with original interconnection/mapping, Bluetooth /WIFI connection, voice control, intelligent key, sun visor mirror and other configurations, which can be said to be quite satisfactory.

This car performs well in terms of space and configuration. As for the design, everyone has everyone’s aesthetics. You can learn more about what you like!

Do you know | How much do you know about the "smiling angel" finless porpoise?

Nanjing, August 2, 2007 (Reporter Gu Weiwei, Wang Jimin) With a round head and a naturally rising mouth arc, the Yangtze finless porpoise, known as "smiling angel" and commonly known as "Jiang pig" because of its chubby body, is a national first-class protected animal. They mainly inhabit the waters of the Yangtze River and its tributaries, and often jump up and down in the upper reaches of the water. What are the main characteristics of finless porpoise? Why do you sometimes "spit water" at people? How can we protect the finless porpoise? In this issue, do you know whether to invite Zhou Wei, deputy secretary-general of Nanjing finless porpoise aquatic biological protection association, to lead us into the world of finless porpoise?

Dalian magotan is offering discounts! The latest offer is 159,900. If you miss it, you won’t have it.

[car home Dalian Preferential Promotion Channel] As a high-profile car model, it is welcoming a wave of substantial preferential activities in Dalian, with the highest preferential range reaching 20,000 yuan and the lowest starting price dropping to 159,900 yuan. For consumers who are eager to own this mid-to high-end car, now is the best time to sell it. Please pay close attention to our quotation form and click "Check the car price" to get higher discount.

大连迈腾正在优惠!最新报价15.99万,错过就没有

Magotan’s design is fashionable and atmospheric, and the front face adopts a large-area chrome-plated air intake grille with sharp LED headlights to create a sporty and steady visual effect. The body lines are smooth, the side contours show a strong sense of muscle, and the overall style is fashionable and calm.

大连迈腾正在优惠!最新报价15.99万,错过就没有

The body size of Magotan is 4866mm×1832mm×1479mm and the wheelbase is 2871mm, which provides spacious and comfortable seating space for passengers in the car. The side lines of the car are smooth and elegant, with 17-inch rims, and the tyre size is 215/55 R17, showing a sense of movement and a steady style.

大连迈腾正在优惠!最新报价15.99万,错过就没有

Magotan’s interior design is simple and atmospheric, with an ergonomic steering wheel made of genuine leather. The manual up-and-down and back-and-forth adjustment function makes it easy for drivers to find the most comfortable position. The center console is equipped with an 8-inch or 9.2-inch touch screen, which supports the voice recognition control of multimedia system, navigation and telephone, providing convenient operation experience for drivers. At the same time, USB and Type-C interfaces are provided in the car to ensure the charging requirements of front and rear passengers. The front row also has the function of wireless charging of mobile phones, which enhances the sense of technology in the cockpit. The seat is made of imitation leather. The front and rear, backrest and height adjustment are supported by the main and co-pilot seats, while the rear seats can be scaled down, which enhances the flexibility of space.

大连迈腾正在优惠!最新报价15.99万,错过就没有

Magotan is equipped with a 1.4T turbocharged engine with a maximum power of 110kW and a maximum torque of 250 Nm. With the 7-speed dry dual-clutch gearbox, it provides ample power output and smooth shifting experience for the vehicle.

The evaluation of Magotan is very positive. He mentioned: "Magotan’s design is very atmospheric, the body lines are smooth, the front face is beautiful, the color is classic, and the taillights are advanced. Every aspect is beautiful, especially its shape is planted. The appearance of the car is younger and conforms to the aesthetic concept of young people. "

Closing comments: The geopolitical situation in Russia and Ukraine has warmed up, and A shares and Hong Kong stocks have fluctuated.

  On November 22nd, the main indexes of A shares collectively fell by more than 3%, and closed at the lowest level in the whole day. The Shanghai Composite Index closed at 3,267 points, down 3.06%, with a turnover of 707.6 billion yuan. The Shenzhen Component Index closed at 10,438 points, down 3.52%, with a turnover of 1.08 trillion yuan. The GEM index closed at 2,175 points, down 3.98%, with a turnover of 489 billion yuan.

  Affected by the situation in Russia and Ukraine, Hong Kong stocks opened higher and went lower. The Hang Seng Index opened 12 points higher. It rose 110 points in the early session and peaked at 19,711 points. Then it turned lower, falling 371 points or 1.89% to close at 19,229 points. The index of state-owned enterprises fell 147 points, or 2.1%, to 6,887 points; The Hang Seng Technology Index fell 111 points, or 2.57%, to 4,246 points. The total daily turnover of Hong Kong stocks was 157.983 billion yuan.

  After many companies announced their results, their share prices dropped significantly, and Baidu Group (09888.HK) shares fell by 8.59%. Alibaba (09988.HK) fell by 4.38%; Aauto Quicker (01024.HK) fell by 4.42%; Medical Technology (02158.HK) dropped by 17.98%.

  The market is looking forward to the ideal sales of Huawei Mate70, and the share price of mobile phone parts stocks has risen across the board. The share price of AAC Technologies (02018.HK) rose by 7.87%; Qiu Ti Technology (01478.HK) rose by 4.03%; () Electronics (00285.HK) rose by 4.27%; Shunyu Optics (02382.HK) rose by 2.2%; Xiaomi (01810.HK) increased by 1.42%.

  Large-scale technology and semiconductor stocks fell across the board, and Tencent Holdings (00700.HK) shares fell by 1.72%; Hey (09626.HK) fell by 3.46%; Meituan (03690.HK) fell by 3.24%; SMIC (00981.HK) fell by 6.7%; Hua Hong Semiconductor (01347.HK) fell by 7.5%.

  After A shares fluctuated within a narrow range continuously, the index was broken and adjusted. Industries and individual stocks generally fell, and the FTSE A50 index once fell by nearly 3%. Today, the market chose a rapid adjustment in the afternoon, mainly due to internal technical requirements, followed by external factors. If we look at it for a long time, we can’t break through it. Appropriate adjustment will help all parties in the market to rebalance the position layout, but overall we still keep the bullish thinking unchanged.

  The geopolitical situation in Russia and Ukraine has warmed up, and funds have flowed into the bond market and the gold market to avoid risks. The international gold price has risen above 2,700 US dollars, and the US dollar exchange index has risen above 107. Apart from risk aversion, some speculative short money has been transferred to the current eye-catching virtual assets, and the Chinese and Hong Kong stock markets have become one of the markets where funds have withdrawn. The main index of A shares fell to a two-week low, while Hong Kong stocks fell to a two-month low.

  In terms of technical trends, the three major indexes of Hong Kong stocks, namely, Hang Seng Index, State-owned Enterprise Index and Hang Seng Technology Index, all fell below the 50-day moving average, while the 10-day moving average of Hang Seng Index and China National Index fell below the 50-day moving average, resulting in a death cross. Next week, it will fall below the 50-day moving average in 20 days, and there will be a double death cross, and bad technical signals will appear one after another.

  Next week, we will focus on the development of the geopolitical situation in the Middle East and Russia and Ukraine, which will affect the global capital flow and risk orientation. On the other hand, China will publish the industrial profit value, and the Federal Reserve will also publish the FOMC meeting minutes.

China Internet Godfather: Ma Yun’s entrepreneurial failure is the mother of success.






      Ma Yun was born in Hangzhou, Zhejiang Province in 1964. One of the main founders of Alibaba Group, Chairman and CEO of Alibaba Group, Chairman and Non-executive Director of Alibaba Company, Director of Softbank Group, Chairman of Yahoo China Board of Directors, Member of Business Advisory Committee under Asia-Pacific Economic Cooperation, Dean of Alibaba Business School of Hangzhou Normal University, Director of Huayi Brothers Media Group, and distinguished professor of Beijing Huaxia Management College.


  In 1988, he graduated from Hangzhou Normal University (now Hangzhou Normal University) majoring in English, and then taught at Hangzhou Dianzi University. In 1995, when I visited the United States, I first came into contact with the Internet. After returning to China, I founded the website "Yellow Pages of China". In 1997, he joined the Ministry of Foreign Trade and Economic Cooperation of China, and was responsible for developing its official website and the online trading market of China products.


  Entrepreneurial course:


  1988 -1995 Lecturer in English and International Trade at Hangzhou Dianzi University;


  In 1992, he started his business for the first time and established Haibo translation agency.


  In 1995 -1997, the first Internet business information publishing website in China, "China Yellow Pages", was founded.


  From 1997 to 1999, he joined the China International Electronic Commerce Center of the Ministry of Foreign Trade and Economic Cooperation to develop the official website of the Ministry of Foreign Trade and Economic Cooperation and the online China commodity trading market;


  In 1999, he officially resigned from public office, founded Alibaba website, and developed e-commerce applications, especially B2B business. At present, Alibaba is one of the largest B2B websites in the world. The success of Alibaba’s website has enabled Ma Yun to be invited to give lectures at many world-renowned institutions of higher learning, including Wharton School of the University of Pennsylvania, Massachusetts Institute of Technology and Harvard University.


  In October 2000, he was named one of the 100 "future leaders" in the world in 2001 by the World Economic Forum.


  In 2001, the American Asian Business Association selected him as the "Business Leader of the Year" in 2001;


  In May 2002, he became the cover of Nikkei, Japan’s largest financial magazine. Nikkei magazine spoke highly of Alibaba’s contribution to Sino-Japanese trade. "Alibaba has reached a balance of payments and become the pride of the entire Internet world. Since China joined, the Japanese market has gradually warmed up, and a large number of Japanese companies have turned their attention to Alibaba and placed strong interest and hope on her.


  Established an independent third-party electronic payment platform in 2003, and now it ranks first in China market.


  In December 2004, he won the Top Ten Economic Person of the Year Award.


  In 2005, it strategically cooperated with Yahoo, the world’s largest portal at that time, and merged all its assets in China, so Alibaba became the largest Internet company in China.


  Since 2006, he has become the most distinctive and influential judge of CCTV 2 Win in China, and also used Yahoo China and Alibaba to provide a platform for the official website of Win in China. Provide a platform for millions of entrepreneurs.


  In August 2007, Alibaba launched the marketing platform "Ali Mama" with online advertising as a winning project. Alibaba attracted a large number of small and medium-sized webmasters to join with the low-end threshold of payment.


  In 2008, Alibaba implemented the policy of advertising three guarantees, which set off waves again.


  In March 2008, Mr. Ma Yun was selected as the 30 Best Chief Operating Officers of Barron Financial Weekly in 2008.


  In July 2008, Mr. Ma Yun won the 10th Entrepreneur Award in Japan. In the past, this award was only given to entrepreneurs in Japan.


  In September 2008, Mr. Ma Yun was selected as one of the 25 most influential figures in the Internet industry by American Business Weekly. He is also the only China entrepreneur on the list.


  On October 31, 2008, Alibaba Co., Ltd. and Hangzhou Normal University jointly established Alibaba Business School of Hangzhou Normal University, and served as a director.


  China’s "Father of the Internet"


  In a sense, the entrepreneurial history of entrepreneur Jack Ma is also the development history of China Internet.


  In April, 1995, Ma Yun, who had just turned 30, devoted himself enthusiastically to the rising Internet wave and founded the first real commercial website in China-China Yellow Pages. At that time, Yahoo, which was praised by the Internet industry as the "originator of mountains", was just founded less than a year ago; At that time, China mainland had not yet opened a dedicated internet access; At that time, Zhang Shuxin, who was famous in the industry because he founded the once-famous but short-lived "Yinghaiwei" company in the future, was rushing around the "yamen" in Beijing for government approval.


  A few years later, when people re-studied the history of Internet development in China, Ma Yun, an entrepreneur who had experienced many vicissitudes, won the laurel that should have belonged to him-China, the "father of the Internet". Strangely enough, it is quite different from the attitude of Chinese people. In the west, most people call Jack ma (the English name of Jack Ma) China’s "Mr.Internet" ("the father of the Internet").


  However, for Ma Yun, who has always been indifferent to fame and fortune and "doesn’t care about what others think of him, but only cares about how he sees the world", he doesn’t need to be happy or sad about whether he can "clear his name", because history has given him enough opportunities to prove it.


  At the end of 1997, Jack Ma, forced to part ways with China Yellow Pages, formally joined the China International Electronic Commerce Center (EDI) under the invitation of the Ministry of Foreign Trade and Economic Cooperation. During this period, enthusiastic Ma Yun led his team to develop a series of sites, such as "Online China Commodity Exchange Market", "Online China Technology Export Fair", "China Merchants", "Online Canton Fair" and "China Foreign Trade and Economic Cooperation", which were visited by leaders of Li Lanqing, Wu Yi and other countries. Among them, "China Foreign Trade and Economic Cooperation" was the first real government site among the major ministries and commissions in China, and "Online China Commodity Exchange Market" was even praised as "the never-ending Canton Fair" by Comrade Shi Guangsheng, then Minister of Foreign Trade and Economic Cooperation.


  In 1999, in the tide of the times when the whole world was crazy about ".COM fever", under the mainstream internet pattern of Yahoo, eBay and Amazon, the "alternative" Ma Yun shouted the slogan of "only catching crayfish", held high the banner of "being the redeemer of small and medium-sized enterprises" and opened up a new field-B2B of small and medium-sized enterprises. Since then, after Yahoo, eBay and Amazon, a brand-new "fourth mode"-Alibaba mode has appeared on the world Internet map. Before entrepreneur Ma Yun, China enterprises and entrepreneurs who were accustomed to the total westernization and large-scale import of European and American economic models had never been so proud on the big stage of the new world economy as they are today.


  Ma Yun was the first entrepreneur to develop e-commerce applications in China and stick to the Internet field. He and his team created many firsts in Internet commerce in China, determined to make the best site in the world for China people. He is the first entrepreneur in Chinese mainland to appear on the cover of Forbes, an authoritative international financial magazine. The famous World Economic Forum selected him as one of the top 100 "future leaders" in the world in 2001.


  Alibaba, founded by Ma Yun, is praised by domestic and foreign media, Silicon Valley and foreign venture capitalists as one of the five representatives of Internet business schools on a par with Yahoo, Amazon, eBay and AOL. Its establishment promoted the establishment of commercial credit in China, and created unlimited opportunities for small and medium-sized enterprises in the fierce international competition, "so that there is no hard business in the world".


  Harvard University twice included his and Alibaba’s management practices as MBA cases. In the second MBA management case of Alibaba released in January 2002, Harvard quoted Ma Yun’s explanation of Alibaba’s core values. "Ma Yun believes that the value of Alibaba lies not in the number of views per day, but in whether it can bring value to customers." In order to show the recognition of Alibaba’s rapid development.


  Alibaba was twice selected as one of the best B2B websites in the world by Forbes, an authoritative financial magazine in the United States, and was repeatedly rated as the most popular B2B website in the world, an excellent business website in China, a hundred excellent websites in China and the best trading network in China by relevant institutions. Since the establishment of Alibaba, more than 400 famous news media in more than a dozen languages around the world have never stopped reporting on Alibaba, which has been praised as a "real world-class brand" by the media.


  Taobao, a personal auction website founded by Ma Yun, has successfully embarked on a unique road of localization in China, and has become the largest personal auction website in Asia since the first quarter of 2005.


  When people talk about the development of Internet in China for more than ten years, they have to mention the entrepreneur Jack Ma, and it is impossible to avoid the existence of this "ghost". He is an unshirkable pioneer and "godfather", but also a subversive and "rebel" full of the spirit of change.