B[Volkswagen Group: Global delivery of 6.01 million vehicles in the first three quarters, a year-on-year decrease of 9%] On October 13, delivery data released by the Volkswagen Group showed that from January to September this year, the Volkswagen Group delivered 6.011 million vehicles globally, a year-on-year decrease of 9%; in the third quarter, it delivered 1.8853 million vehicles, a year-on-year decrease of 14.3%. Volkswagen Group said that the group's overall delivery volume in markets outside China remained stable in the first three quarters, with growth in European and South American markets. However, the overall sharp decline in China's automobile market, especially changes in the fuel vehicle market, has had a significant impact on the group's delivery performance. B[Economic Daily: Cultivating a new growth pole for the event economy] On October 11th, the Economic Daily issued an article saying that the key to revitalizing the event economy and amplifying event dividends is to meet the needs of the public, make up for industry shortcomings, and transform the heat of the competition into sustainable dividends for people's livelihood and economic increment. Whether the event is good or not ultimately depends on whether the public likes to watch it and whether they are willing to participate. It is necessary to take into account the needs of different groups of people and set up a multi-level event stage. It is necessary to deepen the development of high-end sports venues, focus on building top event IPs with international influence, improve the professional and international level of professional events, and polish the business card of Chinese sports events; it is also necessary to take root in the market and continue to cultivate village super, village BA, city marathon and other people-friendly events, and actively arrange trendy events such as skateboarding, cycling, and BMX that are popular among young people, and build an event system that is high-low and suitable for all people, so that professional athletes have a competition venue and ordinary people have a stage. B[Huatai Securities: The performance of the liquor market during the "Double Festival" was flat and industry differentiation continued] On October 8, Huatai Securities research reported that the overall performance of the liquor market during the Mid-Autumn Festival and National Day this year was flat, and the industry continued to differentiate. Looking at different scenarios, business banquets, high-end gifts and large-scale corporate purchases are still weak, while personal gifts, family gatherings and public banquets are relatively supported; looking at price bands, Feitian Moutai, Moutai 1935 and some real estate wines perform at the top, and business sub-high-end pressure is more obvious. The current trend of demand concentrating on leading brands and advantageous single products continues. Partial destocking will help release channel operating pressure. The inflection point of industry demand still needs to be tracked, and the progress of actual bottle opening, post-holiday replenishment and channel profit restoration needs to be observed in the future. Looking forward to the market outlook, the leading wine companies in this round of adjustments are all focusing on long-term and healthy development. The pressure on the reporting side is quickly clearing. The industry is expected to steadily enter the stage of benign repair. It is recommended to pay attention to the leading targets with high quality and bottom reversal. B[Smart Glasses Acoustic Performance Test Specifications Will Be Officially Implemented from October 2] On September 30, reporters learned from the State Administration for Market Regulation today that the national metrology technical specification "Smart Glasses Acoustic Performance Test Specifications" will be officially implemented from October 2, which will delineate a unified technical scale for the acoustic performance testing of smart glasses. With the rapid development of artificial intelligence, smart glasses are used in daily life and office scenes, becoming an important carrier of human-computer interaction. They connect to mobile phones through Bluetooth to realize core functions such as calls, audio playback, and voice interaction. The acoustic performance is directly related to the user experience and hearing health. The "Specification" directly addresses the pain points of the industry and responds to the consumer concerns of the public. It establishes a standardized testing process around the two modules of "sound collection" and "sound playback", and focuses on three key evaluation dimensions: first, the frequency response index of collection and playback, which ensures that the sound reproduction of recording and playback is close to the real hearing experience of the human ear; second, the microphone collection directional performance, which assesses the equipment's ability to pick up the wearer's voice and other sounds coming from different directions, and distinguish environmental background noise;
The third is to play the sound leakage test to prevent sound leakage and protect the privacy of users' calls and listening. The relevant tests must be carried out in an anechoic room. With the help of professional high-precision measurement equipment such as head and torso simulators, measurement microphones, and acoustic analyzers, the interference of environmental reflection sound can be avoided to the greatest extent, and the test data can be ensured to be objective and reliable. Build a complete testing system for the acoustic performance of smart glasses. The "Specifications" will provide a unified measurement basis for smart glasses product R&D optimization and factory inspection, curb false parameters, and protect consumers' hearing health and call privacy. (CCTV News) B[Volkswagen was removed from the European Blue Chip Index, intensifying the downward pressure on the stock price] On September 21, Volkswagen was removed from the Eurozone’s most important blue chip index for the first time in 15 years. Traders said the move could further intensify downward pressure on the German carmaker's shares. Volkswagen shares are down more than three-quarters from their highs during the 2021 stock market rally and are currently hovering at around 16-year lows. The index claims to track the "leading companies" in various industries in the euro area. This highlights the threat posed to the auto industry by the rise of low-cost rivals and reflects market skepticism about Volkswagen's historic restructuring plan. The plan will eliminate 100,000 jobs. Analysts said VW's omission could add to pressure on its share price as exchange-traded funds (ETFs) that track the index sell off their holdings. Stoxx data shows that there are 30 ETFs tracking the Euro Stoxx 50 Index, with a total asset size of 59 billion euros; in addition, there are more than 110,000 active structured products linked to the index, with sales exceeding 68 billion euros. "Being included in an index does not change the company's fundamental strength," Volkswagen said, adding that despite the "most significant transformation" in the auto industry's history, Volkswagen "remains an attractive investment for investors." B[Passive index bond funds have reached the 2 trillion yuan mark for the first time] September 21st, the trend of passivity in bond investment continues to deepen, and passive index bond funds are accelerating from institutional allocation tools to the public financial horizon. Wind data shows that as of September 18, there were 384 passive index bond funds in the market, with a total scale of 2.06 trillion yuan, reaching the 2 trillion yuan mark for the first time. Among them, the scale of bond ETFs has reached 982.7 billion yuan, approaching the trillion mark, accounting for 19.78% of the total ETF scale. Driven by the continuation of the low interest rate environment, the popularization of passive investment concepts, and the continued acceleration of product innovation, bond index investment is accelerating its integration into residents' wealth management allocation. B[Xpeng Group He Xiaopeng: We are communicating and cooperating with car companies and non-car companies, covering technology, chips and other fields] On September 17, He Xiaopeng, chairman of Xpeng Group, said today that in addition to Volkswagen Group, Xiaopeng is communicating and cooperating with many car companies and non-car companies, and the cooperation direction covers technology, chips and other fields. On the occasion of the Paris Auto Show, Xpeng may announce some of the results of its cooperation. In the evening of the same day, Xpeng G9L completed its domestic launch and was manufactured globally at its Guangzhou factory in China and Graz factory in Austria. The new car will hold a global launch conference in Paris, France on October 12. (Reporter Xu Hao) A[The spokesperson of the Ministry of Commerce responded to reporters’ questions regarding the U.S. release of a cybersecurity announcement related to the distillation activities of Chinese artificial intelligence companies in the United States] The spokesperson of the Ministry of Commerce responded to reporters’ questions regarding the U.S. release of a cybersecurity announcement related to the distillation activities of Chinese artificial intelligence companies in the United States. Question: On September 8, Eastern Time, the U.S. National Security Agency, the Cybersecurity and Infrastructure Security Agency, and the FBI jointly issued an announcement accusing Chinese artificial intelligence companies of carrying out "industrial-scale" distillation of the United States to acquire cutting-edge model capabilities and proposing relevant defense measures to U.S. companies. What is China’s comment on this?
A: We have noticed the relevant situation. China believes that the US accusation that Chinese artificial intelligence companies are engaged in distilling beauty models on an "industrial scale" is unfounded and has no basis in law. This move by the United States politicizes and instrumentalizes distillation, a normal technical and commercial issue in the industry, and imposes double standards in practice. The relevant announcements from the United States are yet another clear example of its pursuit of technological hegemony, monopoly on computing power, and suppression of competition in the field of artificial intelligence. China firmly opposes this.
Distillation is a common practice for models to learn from each other in the field of artificial intelligence. It is essentially a neutral technical method and is used by global model companies, including U.S. companies. This technical means can help models improve learning efficiency and achieve more efficient utilization of human knowledge. It is of positive significance to countries developing artificial intelligence industries, releasing the potential of artificial intelligence technology, bridging the development gap, and benefiting developing countries and the public more broadly.
The US approach is a typical double standard. For artificial intelligence, China encourages open source, cooperation and sharing. China’s open source models are open to global companies, including U.S. companies, to facilitate the research and development of related models. Reports on model research and development by US companies also revealed that they distilled a large number of Chinese models. On the other hand, the United States has repeatedly unilaterally accused Chinese companies of engaging in "industrial-scale" distillation and smeared common industry practices as offensive behavior. This not only reflects the anxiety of the United States, but also reflects double standards.
The US approach is a typical industrial monopoly in the name of cracking down on distillation. The announcement issued by the security department of the United States is to tie the interests of individual companies and capital to national security and use the country's powerful institutions to interfere with normal commercial activities. We have noticed that some artificial intelligence companies in the United States abuse their competitive advantage and set overbearing clauses such as broad geographical restrictions in user agreements. The relevant distillation accusations from the US are suspected of endorsing these overbearing clauses.
The US approach is a typical use of state power to maintain technological hegemony and computing power monopoly and suppress competition. Since this year, the U.S. executive and legislative bodies have frequently issued threats of sanctions and suppression against the distillation practices of Chinese companies. The purpose is to suppress competition and maintain the U.S. monopoly in computing power and data. Only the United States can win alone, not all mankind. It turns global artificial intelligence resources that should be openly and fairly accessible into the exclusive resources of a few companies, and prevents other countries from participating in the inclusive sharing of artificial intelligence innovation results.
Currently, the large model industry is in a critical period of technological iteration, risk iteration, and growth and development. As major countries, China and the United States should handle the challenges and risks facing the field of artificial intelligence in a positive and responsible manner. The two heads of state have agreed to launch an intergovernmental dialogue on artificial intelligence. China is willing to conduct constructive and professional discussions with the United States through dialogue based on the principles of equality, mutual benefit, and win-win cooperation. However, if the United States takes actions to suppress Chinese artificial intelligence companies in the name of cracking down on distillation, China will definitely take resolute measures to counter it. It is hoped that the United States and China will meet each other halfway, manage risks through dialogue and communication, and promote the artificial intelligence industry to benefit the world. B[Jiangsu Province Governor Liu Xiaotao presided over the ninth government-enterprise symposium to promote the characteristic development of the automobile industry to improve quality and efficiency] September 7th. On September 4, Jiangsu Province Governor Liu Xiaotao presided over the ninth government-enterprise symposium this year to listen to the opinions and suggestions of relevant enterprises on promoting a bigger and stronger automobile industry and shaping the industry's competitive advantages. At the meeting, heads of companies such as Ideal, BYD, Changan, Chery Jaguar Land Rover, Yueda Kia, SAIC Volkswagen, XCMG, Weifu High-Tech, Momen Tower and other companies spoke successively.
The meeting pointed out that it is necessary to coordinate the expansion of domestic consumption and overseas exports, support innovative marketing models, enrich promotional scenarios, activate terminal consumption potential, encourage vehicle and parts companies to expand export channels, and strengthen cross-border logistics, foreign trade finance, compliance risk control and other service guarantees. Strengthen innovation-driven leadership, focus on key core technologies to carry out research on shortcomings, improve the whole-service and school-enterprise docking mechanism, and promote technology sharing, achievement transformation, and collaborative support. Coordinate and promote the layout and construction of infrastructure such as charging piles, battery swap stations, training grounds, and public testing centers, foster a good ecosystem for industrial development, guide rational competition and healthy development of the industry, focus on building a "Jiangsu Intelligent Manufacturing" public brand, and promote the high-end, intelligent, and green upgrade of the automotive industry.
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