The stabilization of fiscal revenue reflects the improvement of economy

  The data shows that in the first three quarters, the national general public budget revenue was 15.31 trillion yuan, which increased by 4.1% after deducting the tax rebate factor, and decreased by 6.6% in natural terms; The national general public budget expenditure was 19.04 trillion yuan, a year-on-year increase of 6.2%. While the economic operation is recovering, the fiscal revenue has gradually stabilized and rebounded, and the fiscal expenditure has continued to exert its strength.

  Fiscal revenue gradually picked up.

  In the first half of this year, due to unexpected factors such as repeated epidemics, coupled with the implementation of large-scale value-added tax refund, the pressure on fiscal revenue was greater and the contradiction between revenue and expenditure was more prominent. With a series of macroeconomic policies to stabilize the economy, the economy has continued to recover and develop, and the financial operation has gradually improved. Statistics show that from January to September, the national general public budget revenue increased by 4.1% year-on-year, 0.4 percentage points higher than the previous eight months.

  "Economy and finance are two sides. Since the third quarter, the income level of the general public budget has gradually picked up. First, the large-scale tax rebate has been basically completed. Second, the economic resilience has been fully demonstrated and stabilized. Third, the use of state-owned assets and the vitality of the disk have increased, promoting the rise of non-tax revenue. " Luo Zhiheng, chief economist of Yuekai Securities and president of the research institute, analyzed that after excluding the impact of tax refund, the growth rate of domestic value-added tax increased marginally in September, indicating that a series of stable growth policies in the previous period played a supporting role in the economic recovery.

  Since the beginning of this year, China has implemented a new combined tax and fee support policy, which has helped to reduce the burden on market players and stabilize the macro-economic market, with unprecedented policy strength. The data shows that as of September 20, the total new tax reduction and fee reduction and tax refund deferred fees exceeded 3.4 trillion yuan. Among them, through the implementation of tax refund, the value-added tax refund that has been refunded to taxpayers’ accounts exceeds 2.2 trillion yuan.

  "We will continue to implement the policy package of stabilizing the economy, especially in terms of tax and fee support, adhere to both institutional arrangements and phased policies, and implement large-scale tax rebates. The manufacturing industry and small and medium-sized enterprises have benefited particularly, effectively boosting the confidence of market participants." Li Xuhong, director of the Institute of Finance and Taxation Policy and Application of Beijing National Accounting Institute, said.

  Excluding the influence of tax refund, a number of tax indicators, such as value-added tax and enterprise income tax, which mainly reflect the operating conditions of market players, showed a year-on-year growth trend. "This reflects that China’s macro economy has gradually shown a recovery growth trend by effectively coordinating epidemic prevention and control and economic and social development." Li Xuhong said.

  At present, the task of centralized refund of large-scale tax refund is basically completed, and the factors of tax refund and income reduction are obviously weakened, and the fiscal revenue growth is expected to maintain a good trend.

  Strong support in key areas

  Since the beginning of this year, China has maintained a relatively high expenditure intensity, and allocated 26.71 trillion yuan for the national general public budget, an increase of more than 2 trillion yuan over the previous year. At the same time, optimize the structure of fiscal expenditure, give priority to supporting key projects that have been included in the national "14 th Five-Year Plan" outline and key special plans, moderately advance infrastructure investment, and increase support for scientific and technological research, ecological environmental protection, basic livelihood, modern agriculture and other fields and major regional strategies.

  Statistics show that from January to September, the national general public budget expenditure was 19.04 trillion yuan, an increase of 6.2% over the same period of last year. Bai Yanfeng, a professor at the School of Finance and Taxation of the Central University of Finance and Economics, believes that in order to cope with the impact of the epidemic and the impact of various unexpected factors, the proactive fiscal policy has continued to exert its strength, and while implementing tax rebates, tax cuts and fee reductions, it has maintained a strong expenditure and played an important role in stabilizing the economic market.

  It is noteworthy that expenditures in key areas, such as people’s livelihood, have been effectively guaranteed. Among them, education expenditure increased by 5.7%, science and technology expenditure increased by 14%, social security and employment expenditure increased by 6.9%, and health expenditure increased by 10.7%. "Education, science and technology and talents are the basic and strategic support for building a socialist modern country in an all-round way and have become the key areas of financial support." Bai Yanfeng said.

  Li Xuhong analyzed that in the first three quarters, the fiscal expenditure not only strengthened the implementation and accelerated the progress, but also increased the expenditure in the fields of people’s livelihood, science and technology, health and health, further consolidating the achievements of economic structure optimization and providing a guarantee for China to promote Chinese modernization and achieve high-quality development.

  Since the beginning of this year, China has vigorously promoted the sinking of financial resources and supported the grassroots to do a good job in "three guarantees". On the basis that the central government’s expenditure at this level has been negative for two consecutive years, the central government’s expenditure will continue to be negative in 2022, down by 2.1%. Statistics show that in the first three quarters, the central general public budget expenditure was 2,501.4 billion yuan, accounting for only about 13% of the national fiscal expenditure. "The central department resolutely implemented the requirements of tight days, reduced its own expenditures, and made up for the decrease in local income through transfer payments, and the proportion of local expenditures increased significantly." Luo Zhiheng said.

  Fiscal policy continues to exert strength.

  Report to the 20th CPC National Congress made a series of important arrangements for financial work, especially emphasizing the need to improve the modern budget system and optimize the tax structure. Next, how can the proactive fiscal policy continue to exert its strength? How to advance the reform of fiscal and taxation system?

  "Since the 18th CPC National Congress, China has basically established a modern financial system. The core of adhering to the direction of market-oriented reform in the financial field is to clarify the boundary between the government and the market, rationally define the scope of government functions, provide basic and universal public goods and social services to the whole society, and release and stimulate the enthusiasm and creativity of market players and all people. " Feng Qiaobin, Deputy Director of Macroeconomic Research Department of the State Council Development Research Center, said.

  Feng Qiaobin believes that it is necessary to further establish and improve the modern tax system and form a reasonable distribution mechanism among the government, enterprises and residents. "On the one hand, we must ensure that the country has sufficient fiscal revenue. On the other hand, we must further optimize the tax system and degenerate taxes, appropriately reduce the tax rate, and do a good job in encouraging the whole society."

  "To implement the Party’s decision-making arrangements for the 20th National Congress, we should intensify reforms in improving the modern budget system, optimizing the tax structure, and improving the fiscal transfer payment system, so as to contribute financial strength to building a socialist modernization power in an all-round way." Bai Yanfeng said.

  Recently, various fiscal policy measures in the policy of stabilizing the economy are being accelerated. Fiscal and monetary policies have been strengthened to form a joint force of policies and consolidate the momentum of economic recovery. For example, revitalize the stock of local government special debt limits according to law and make good use of the special debt balance limit of more than 500 billion yuan; For small and medium-sized enterprises and individual industrial and commercial households in manufacturing industry, the "five taxes and two fees", such as enterprise income tax deferred in the early stage, will be delayed for four months after the expiration of the time limit from September 1, involving deferred taxes of 440 billion yuan. In addition, support the good use of policy-oriented development financial instruments, promote the orderly landing of important projects, and form physical workload as soon as possible.

  Luo Zhiheng believes that in the next stage, a proactive fiscal policy needs to strengthen regulation and control, plan fiscal incremental tools in advance, and balance multiple goals such as steady growth, risk prevention, implementation of grassroots "three guarantees" and support for major national strategies. At the same time, strengthen coordination among fiscal, financial and industrial policies.

How to balance the price and quality when the average price reduction of coronary stent collection exceeds 90%

  ● Behind a small coronary stent is the rapid development of innovation and medical security in China’s medical field. Only by developing and innovating can we get "bargaining power" and better protect people’s health.

  ● In this centralized procurement by the national medical insurance department, the main reason why coronary stents were selected for "operation first" is that coronary stents are widely used in clinical practice and belong to a kind of high-value consumables with relatively high moisture content.

  ● There is indeed a problem with domestic drugs and consumables, that is, if the government’s centralized purchase price is not set, the price will be artificially high; If the centralized purchasing price is too low, there may be quality problems and innovation stagnation. Therefore, we should think about how to find a balance between the two.

  □ Our reporter Zhao Li

  □ Intern Sun Yifei of this newspaper

  Recently, a "combing the quotations of the state-organized centralized purchasing companies for coronary stents" has set a new low for the price of coronary stents: the average bid price is around 700 yuan.

  The average price dropped from 13,000 yuan to 700 yuan — — The first batch of coronary stents purchased by the state in a centralized way opened a shocking "floor price" in Tianjin. Compared with 2019, the average price reduction of the same product of the same company reached 93%.

  Xinhua News Agency commented that a small coronary stent is behind the rapid development of innovation and medical security in China’s medical field. As a cardiologist said, since the introduction of domestic stents, the price of imported stents has plunged from the sky-high price of 40,000 yuan to about 10,000 yuan. After 20 years’ development, domestic stents have become the first and only high-end medical devices with domestic enterprises playing a leading role in the domestic market. This is the premise of the shocking low price in this centralized purchase, and it also shows that only by developing and innovating can we get "bargaining power" and better protect people’s health.

  Significantly reduced price of coronary stent

  Reduce the gray space of sales

  On November 5th, the national centralized procurement of coronary stents was opened in Tianjin. There was no group bidding for 26 stent products from 11 companies, and the price was fierce on the spot. None of the 10 selected products surpassed 800 yuan.

  Jiwei Medical’s EXCROSSAL product has the lowest bid price, which is 469 yuan/piece. The price of the other winning products from low to high is Aili of Yisheng Technology, with a price of 549 yuan; Firebird 2 of minimally invasive medical treatment, quoted in 590 yuan; GuReater of Lepu Medical, quoted at 645 yuan; Resolute integrity of Medtronic, quoted at 648 yuan; Firekingfisher of Minimally Invasive Medical, quoted in 750 yuan; Helios from Kelly, Jin Rui, quoted 755 yuan; PROMUS PREMIER and PROMUS Element Plus of Boston Medical are both quoted at 776 yuan; NOYA from Wanrui Feihong, the price is 798 yuan.

  The price drop of this centralized purchase has exceeded the expectations of the National Medical Insurance Bureau. According to the data provided by the National Medical Insurance Bureau, the price of stents has dropped from an average price of 13,000 yuan to 700 yuan. Compared with 2019, the average price of the same product of the same enterprise is reduced by 93%, the average price of domestic products is reduced by 92%, and the average price of imported products is reduced by 95%. According to the intended purchase volume, it is expected to save 10.9 billion yuan.

  It is worth noting that the mainstream products commonly used in clinical practice in medical institutions are basically selected, covering more than 70% of the intended purchases of medical institutions.

  Liu Zhaoping, a professor of cardiology at the First Hospital of Peking University, said that the winning products basically covered stents that were widely used in clinic, which could completely meet the clinical use and the needs of patients.

  At the collection site, a medical representative said that it is more than this price to make eyelashes now.

  Sun Feng, a special researcher at Peking University International Research Center for Pharmaceutical Management, analyzed that the current centralized purchasing quotation is only a simple bracket price, and there is no doctor’s service fee and hospital site fee, which are two different price manifestations.

  Sun Feng hopes that through this price reduction, on the one hand, the burden of patients can be reduced, on the other hand, the medical service cost of doctors can be increased, the labor value of doctors can be reflected, doctors can have legitimate income, and the gray space of coronary stent sales can be reduced, which is conducive to improving the service quality of doctors and the healthy development of the medical equipment sales industry.

  Zhong Dongbo, director of the Department of Pharmaceutical Price and Bidding Procurement of the National Medical Insurance Bureau, believes that this centralized procurement will not only help medical machinery enterprises reduce their circulation costs, but also purify the industry ecology.

  From the perspective of supervision, the requirements for product quality will not be relaxed. "The intensity of supervision will only be strengthened than in the past, and will not be weakened." Zhang Tiejun, member of the party group and deputy director of Tianjin Medical Insurance Bureau, said that the products will continue to maintain the original quality standards and levels as in the past.

  It is widely used in clinic.

  The circulation link has the most moisture.

  Why can the price of coronary stents drop like a cliff? According to the analysis of the insiders interviewed by the reporter of the Rule of Law Daily, because the original price was too "moisture". Some people describe the price "moisture" in high-value medical consumables as a towel in a basin. "You can pour water when you pick it up, and you don’t have to squeeze it at all."

  The reporter of Rule of Law Daily interviewed the public randomly and found that people’s awareness of the term medical devices is not very high, but they think that medical devices are as indispensable as medicines.

  It is precisely because of low awareness that people often have no idea about expensive equipment. In the era when medical reform has not yet set sail and the medical system is not perfect, the asking price of equipment is even higher than that of drugs.

  In recent years, some corruption cases in the medical field have been exposed one after another, revealing a "black interest chain" in circulation — — It may be a link in the chain from manufacturers, intermediate distributors to related doctors. For example, a certain department of a hospital illegally accepts kickbacks from suppliers many times outside the account according to the proportion of domestic consumables 30%, imported consumables 25%, joint and spine consumables 20% and trauma consumables 30%. These "moisture" are ultimately paid by patients and medical insurance funds.

  Taking coronary stent as an example, the most effective treatment for coronary heart disease is PCI (percutaneous coronary intervention) surgery. Small and delicate coronary stents are the most critical consumables in this operation. The basic principle of PCI operation is to implant the stent into the coronary artery, spread the artery wall and restore the blood flow.

  "China Cardiovascular Health and Disease Report 2019" shows that the number of patients with cardiovascular diseases in China has reached 330 million at present; From 2009 to 2019, the number of coronary heart disease (PCI) operations in China increased from 230,000 to over 1 million, with an annual growth rate of 10% to 20%.

  Huo Yong, vice chairman of China Cardiovascular Health Alliance, has published a set of data: In 2018, the total number of cases of coronary heart disease in Chinese mainland has reached 915,256, an increase of nearly 160,000 cases compared with 2017, with a compound growth rate of 15.03% in the past five years. With the rapid growth of the number of cases of coronary intervention, people also put forward higher requirements for coronary stents. The price of domestic stents is about 8000 yuan to 12000 yuan; The price of imported stents is about 18,000 yuan to 20,000 yuan.

  Although stent surgery can be partially reimbursed in recent years, the cost is still high for rural families.

  A number of cardiovascular experts told the reporter of the Rule of Law Daily that the production process of domestic stents is completely comparable to that of imported stents, so most doctors will advise patients to use domestic stents, unless patients need special stent models or patients require them. Only then will doctors use imported stents.

  "This time, the centralized procurement of the national medical insurance department chose coronary stents first ‘ Operation ’ The main reason is that coronary stents are widely used in clinic and belong to ‘ Moisture ’ A relatively large class of high-value consumables. " Wang Yue, a professor at Peking University College of Medical Humanities, said in an interview with the reporter of Rule of Law Daily.

  It is understood that the cost of coronary stents is not high. In medical institutions, the price of more than 10,000 yuan is mostly concentrated in circulation.

  Zhong Dongbo once told the media: "Although the average price of coronary stents is 13,000 yuan, the price actually packaged for agents is more than 2,000 yuan, and the middle part is completely the circulation cost. Now we have a large number of direct mining production enterprises with clear use expectations, so medical machinery companies don’t have to promote them. If this money is saved, there is still a fair and reasonable profit margin for enterprises, and it may be higher than the general industry. "

  Liu Xin, director of the Medical Law and Ethics Research Center of China University of Political Science and Law, also explained: "The phenomenon of inflated medical device prices is relatively common, and the consumption of medical devices is small, and it is market pricing, so it is more a problem in the circulation field. The supply and demand of medical devices is one-way, and there is no market choice problem. Because after medical equipment enters the hospital, the hospital needs to use equipment when performing surgery on patients. It is great to have one or two manufacturers’ equipment in general hospitals. "

  "Manufacturers produce certain medical devices, which are wholesaled by middlemen and finally enter the hospital. Therefore, in the intermediate link, the hospital’s bonus price can be limited, but other intermediate links can hardly be limited. And now there are many intermediate links, and every link is increasing the price. Many manufacturers may take some improper means to carry out marketing, so the price will go up, thus forming a phenomenon of high price. " Liu Xin said.

  Innovating products and narrowing the gap

  Domestic substitution squeezes out water

  It is worth noting that expensive and high-value consumables are not only coronary stents, but why do coronary stents become the "pioneers" of national consumables collection?

  The answer to this question implies a key logic of the medical device industry: domestic substitution.

  According to industry insiders, the market share of domestic stents now exceeds 75%, and four head enterprises, Lepu Medical, Minimally Invasive Medical, Jiwei Medical and Sino Medical, occupy most of the market, and the proportion is quite stable.

  At the same time, however, most medical devices and consumables are faced with the technology monopoly and patent control of foreign enterprises, and neither the regulatory authorities nor the downstream procurement have the right to choose. The proportion of domestic and imported specialized consumables in high-tech fields such as nerve interventional instruments, surgical robots and artificial joints is almost inverted. In addition to consumables, the field of high-end medical equipment is monopolized by foreign companies. 80% of the CT market, 90% of the ultrasonic instrument market and 90% of the magnetic resonance equipment are occupied by foreign brands.

  High-performance MRI systems and high-end CT machines usually cost more than 5 million yuan, while high-performance equipment means clearer images. In the diagnosis of diseases such as tumors, a higher definition means that more detailed human tissue information can be seen. The gap of dozens of pixels can affect the doctor’s diagnosis of the disease.

  "At present, most consumables in China can be made in China. Although there is still a certain gap in quality between domestic products and imported products, it is not entirely necessary to rely on foreign products. Perhaps only some consumables need to rely on foreign products. But in recent years, enterprises should really focus more on product innovation than on product promotion. Enterprises should reduce costs through product innovation and narrow the gap between their products and imported products. " Wang Yue said, but it doesn’t affect the pursuit of the lowest price, because drugs and consumables are too special and related to people’s life safety, and now the quality of drugs and consumables in China is uneven.

  In recent years, the relevant state departments have launched a series of policies to try to squeeze out the "moisture" of high-value medical consumables.

  In Liu Xin’s view, it is still difficult to squeeze out the "moisture" of high-value medical consumables, but it is not too difficult.

  "The problem now is to restrict from hospitals, especially from the scope of medical insurance. This time, the behavior of the National Medical Insurance Bureau can effectively crowd out ‘ Moisture ’ , lower the price and form a virtuous circle. " Liu Xin said, "From a certain point of view, in the past, the health administrative department and the drug supervision department may even be a sharer of interests, so they will not promote the process. Now because it involves medical insurance funds, the medical insurance department has to move this cake. "

  Liu Xin believes that this centralized procurement with quantity is a good sign, and through some administrative intervention, the "moisture" may be squeezed out.

  Standardize the development of medical devices

  Balance price and quality.

  After the exposure of the bid price of coronary stent, some stent manufacturers immediately told the media that coronary stent is no longer a high-value consumable product, and even bluntly said that "the original in-hospital coronary stent market was about 12 billion yuan, but this time, the market size was reduced to less than 1 billion yuan. In the next five years, there may not be any innovative products in this market, and purchasing with quantity will crowd out the industry ‘ Moisture ’ , and now ‘ Floor price ’ There is also no room for innovation. "

  In this regard, Liu Xin expressed disapproval. "The price of medical devices is set at such a high level, and it is not the right holder of medical devices who enjoys the price. From the perspective of rights protection, stents are the same as other patented products, and anyone can produce them after the patent protection period. From this perspective, it has little to do with invention and creation. As long as there is a patent protection mechanism, some people will invent and create. "

  Wang Yue put forward another view: "The reduction of prices brought by centralized purchasing may lead to the failure to guarantee the reasonable profits of enterprises’ innovative research and development. The government collects a large number of purchase orders to exchange prices for quantity, and enterprises often have no way to deal with this horizontal group purchase, either out or promising low prices."

  Wang Yue further analyzed that the current chaos in the industry is mainly commercial bribery, and the purpose of centralized procurement is to reduce unreasonable costs. But objectively speaking, the price reduction brought by centralized purchasing may lead to the failure to guarantee the reasonable profit of enterprise innovation and R&D, so centralized purchasing may not be the best purchasing method, but now there is no better solution, so it is a second best choice.

  "Perhaps with the popularity of Internet drugs and consumables sales, it may gradually change from centralized procurement to decentralized procurement. When the inflated price of drugs or equipment is suppressed in a short period of time, it may be possible to find the best and reasonable balance point of prices through the transition from centralized procurement to decentralized procurement." Wang Yue said.

  Wang Yue believes that there is indeed a problem with domestic drugs and consumables, that is, if the government’s centralized purchase price is not set, the price will be artificially high; If the centralized purchasing price is too low, there may be quality problems and innovation stagnation. Therefore, we should think about how to find a balance between the two.

  Liu Xin believes that there are two aspects worthy of attention for the road to breaking the sky-high medical devices in the future:

  First, hospitals should return to public welfare. The medical institutions sponsored by the government are non-profit medical institutions, but now these medical institutions are making profits under the banner of non-profit, because without government investment, if hospitals are not profitable, there is no way to pay employees, so the government should provide subsidies to the medical industry.

  Second, we can restrict the circulation and production links through some other participation mechanisms, such as purchasing with quantity by drug supervision departments.

  Wang Yue’s suggestion is that in addition to taking care of bribers, it is also necessary to take care of bribers. "The new law on medical practitioners has established a lifelong ban system for doctors. If commercial bribery is punished by administrative punishment and criminal responsibility is investigated, you can no longer register as a doctor in the future. Once the license is revoked, it will be revoked forever and you can no longer engage in this industry. "

  Wang Yue also mentioned that at present, the income and treatment of medical staff are polarized, with the high being very high and the low being very low. The income gap of medical staff should be greatly reduced, especially between general practitioners and specialists.

  "We should also encourage enterprises to sell directly, and even require production enterprises to sell directly. We are not allowed to engage in agency system, turn the current drug and consumables dealers into distributors, and transfer the moral hazard and legal responsibility of all circulation links to production enterprises through direct sales mode. Production enterprises generally dare not commit commercial bribery." Wang Yue said.

  In addition, Wang Yue also suggested establishing a blacklist system for enterprises, blacklisting production and operation enterprises involved in bribery, and prohibiting sales within a few years.

"Fast Forward" hides the scheming. G.E.M. and the chopsticks brothers fall in love and kill each other.

  

Phoenix Entertainment News In the second program of "Fast Forward" broadcast last Friday, Feng Zhe, an Olympic champion, was badly eliminated because of the "plot against him" by the chopsticks brothers. After the game, Feng Zhe not only spoke out: "Some people are duplicitous", but also was "eight" among all the participating guests. He only had no interaction with the chopsticks brothers. After the mantis catches cicadas and yellowbird, G.E.M. Zhang Yunjing and Chopsticks Brothers officially unveiled the "heart-to-heart drama" of loving each other and killing each other. Facing the repeated care of Chopsticks Brothers, G.E.M. Group secretly voted for the two "old boys". However, after the show, when the Chopsticks Brothers were exposed to complaints from netizens on Weibo, G.E.M. secretly helped the verbal "allies". The whole episode was dubbed by netizens as "one turn, two chopsticks, inciting the three parties to do Kun". 

Be turned around, be deceived, and talk hard.

Feng Zhewei didn’t pay attention to the chopsticks brothers.

In the last program of "Fast Forward", Feng Zhe and his girlfriend Zhu Zhu were chosen as the revolving objects by three groups of guests. Among the three groups of guests, Feng Zhe didn’t complain about Miriam Yeung and Ceng Zhiwei, but rather complained about the chopsticks brothers who tricked them into voting for Miriam Yeung and Ding Zigao (in fact, they voted for Feng Zhe couples). After the game, Feng Zhe even said bitterly, "What does it mean? Rivers and lakes are sinister. "

Feng Zhe is not a professional actor. No matter whether he questioned the Chopsticks brothers in the program or interviewed afterwards, the anger he couldn’t hide came from true expression. Some netizens carefully replayed some details in the first two issues of Fast Forward, and found that there was little interaction between Feng Zhe and the Chopsticks Brothers. In the first program, when the Chopsticks Brothers forgot to take the "task card" on the pirate ship princess, Feng Zhe and Zhu Zhu were nearby, but they did not remind the Chopsticks Brothers, but took the profits and took them away and cut the "task card" directly. Some people think that the chopsticks brothers turned to Feng Zhe just to avenge the pirate ship.

Careful netizens also found in Weibo that after participating in Fast Forward, Feng Zhe paid attention to G.E.M., Ceng Baoyi, Miriam Yeung, Ding Zigao, Han Geng, Zhang Yunjing, Orfila and Zeng Zhiwei successively, and even the host Wu Zhentian paid attention to the chopsticks brothers. It seems that the Olympic champion who tasted "sinister" when he first set foot in the "rivers and lakes" has not let go of this. 

 

Design, frame and help each other

Are G.E.M. and Chopsticks Brothers Enemies or Friends?

The relationship between "Jingqi Combination" in Zhang Yunjing, G.E.M. and the Chopsticks Brothers is even more subtle. According to the director group, this subtle relationship first comes from the gender of both sides. "Chopsticks are two old boys, and Jingqi Combination is two weak women, so all the chopsticks in the program take special care of and humble Jingqi Combination. In the next program, these two pairs of combinations have directly confronted each other, and the Chopsticks Brothers simply don’t know what to do." Besides, chopsticks brothers Wang Terry and Xiao Yang like G.E.M. very much, and they especially like G.E.M.’s songs.

With these two premises, plus in the first program, G.E.M. took the initiative to win over the chopsticks brothers at the beginning and shouted at them, "We are allies!" After that, the chopsticks really took the bait. First, in the "terror box" task, the backward G.E.M. group was chosen first. Later, in the "grilled fish" link, G.E.M. was also taught the exclusive secret of making a fire. But they never imagined that G.E.M. would vote for his "ally".

G.E.M. explained that the reason for voting for the Chopsticks Brothers was: "Because they were fifth and we were sixth in the last game, I think we should turn the opponent closest to us so that we can stay in the competition." It shows how strong her desire to stay in the competition is. However, this obviously deeply touched the hearts of the chopsticks brothers. Wang Terry, a member of the chopsticks group who showed more relaxation and less investment after the two programs, said after the game: "I think it is. Since I came to participate in this program, I have to go all out to fight for it. I need to adjust my mentality."

Audience spit chopsticks.

G.E.M. and fans’ clearance.

It is worth mentioning that although Wang Terry publicly stated in the program that he would adjust his attitude towards the game. But some viewers obviously have some opinions about his performance in the first two episodes. Especially in the second program, after Wang Terry resolutely refused the bungee jumping task, netizens made a fierce accusation against him in his Weibo. The reporter saw in Wang Terry’s Weibo that many viewers were voicing: "Ceng Baoyi and Wu Xin are afraid of heights, and they all bite their teeth when they cry like that! You big men dare not try! Then what are you doing here? " "you don’t like to challenge, like to travel, even women are not as good as." "I’ve seen this paragraph in the promo before, and you still use ‘ I am a coward ’ To refuse bungee jumping, watching the feature film is actually gone, and you know it’s shameful enough? " ……………………………………………………………………………………………………………………………………………………………. As for G.E.M. himself, what do you think of Wang Terry’s refusal to bungee jump? The reporter learned in the interview that G.E.M. really answered this question in the interview session of the program. The director group revealed: "G.E.M. said at that time that everyone has the right to choose, some will choose challenges, and some will choose to be true to themselves. She feels that there is nothing wrong with this."

What’s wrong with the mobile phone charging? What should I do if the mobile phone can’t charge?

  Mobile phones are widely used in our lives, and the utilization rate of mobile phones is very high. Now we all use smart phones, which have more comprehensive functions and larger screens, but there are also problems, that is, smart phones consume more power. So we charge the mobile phone from time to time. When we are charging the mobile phone, it will happen that the mobile phone can’t be charged. What should we do after such a situation? What’s wrong with the mobile phone not charging?

  What’s wrong with the mobile phone charging? What should I do if the mobile phone can’t charge?

  1. The electrode contact of the battery is dirty, and the contact resistance is too large, resulting in too large voltage drop. When charging, the host computer thinks it is full and stops charging;

  2. The internal charging circuit of the mobile phone is out of order and cannot be charged normally.  

  3. If the battery can be charged, then there is a problem with the data cable or the phone socket. If not, then it’s the battery. If it’s a battery problem, Xiaobian has a small method. Wrap the battery in newspaper and put it in the refrigerator for three days, then take it out and put it in a ventilated place for a while, and then the battery will be fine.

  4. If there is something wrong with the phone jack, try to wipe the dust inside the interface with a brush or a small brush, or it may be caused by excessive dust accumulation in the interface. If it doesn’t work after wiping, it is recommended to change a socket or data cable. It may be caused by poor power contact.  

  5. Check whether there are foreign objects in the charging interface of the mobile phone, such as liquid inlet and sundries, which are caused by poor contact between the charging interface of the mobile phone and the charger. If this is the case, it is recommended to send it for repair as soon as possible. Back up mobile phone data (phone book, SMS, pictures, etc.) and restore the mobile phone to factory settings (enter mobile phone settings-reset-restore factory settings).

  6. Try not to answer the phone during charging. A good habit is to turn off the mobile phone when charging, so as to ensure high-quality charging effect. In the normal process of using the mobile phone, try to charge it healthily every time, that is, when the power is lower than 20%, and never wait until the power is exhausted to avoid affecting the service life of the mobile phone battery.  

  7. For users who use the voltage regulator converter to charge their mobile phones, they should connect the correct commercial power to charge according to the requirements in the charging instructions. Under normal circumstances, the domestic commercial power is 220V, while in foreign countries, such as Japan, the voltage is 110V V. Therefore, if you charge your mobile phone abroad, you will not be able to charge it normally due to insufficient voltage. Users who charge through the data cable should ensure that the normal 5V voltage is provided to the USB interface.

  8. The mobile phone can’t be charged. It may be that there is a problem with the quality of the battery itself. You can replace it with a new battery. Or the battery is damaged because it has been used for too long or because of the short circuit between the anode and cathode of the battery for some reason.  

  When our mobile phone can’t be charged, the first thing we have to do is to check the mobile phone charger to see if it is in good condition and if the data cable is not plugged in. In addition, the mobile phone can’t be charged with electricity, which may be due to the problems of the mobile phone itself. If there is something wrong with the mobile phone, then the only solution is to repair it or buy it again. No matter what the reason is, we can have corresponding solutions as long as it is based on the reason.

Gato, the "generalist" AI agent of DeepMind, is coming, with multi-modal and multi-task, inspired by the big language model.

Machine heart report

Machine zhixin editorial department

After writing articles and drawing pictures, the AI ​ ​ big model now has the ability to play games at the same time. I can’t help thinking, what kind of flowers can DeepMind’s agent Gato play in the future?

If a single sequence model can solve all tasks, it is a great thing, because this model reduces unnecessary troubles. However, it needs to increase the number and diversity of training data. In addition, the performance of this general model will be improved with the expansion of data and model. Historically, general models that are better at using computing will eventually surpass models that are specific to specific fields.

Today, inspired by large-scale language modeling, Deepmind applied similar methods to construct a single "generalist" agent Gato, which has the characteristics of multi-mode, multi-task and multi-embodiment.

Paper address: https://storage.googleAPIs.com/deepmind-media/a% 20generalist% 20agent/genericist% 20agent.pdf.

Gato can play Atari games, output subtitles to pictures, chat with others, stack building blocks with robotic arms and so on. In addition, Gato can also decide whether to output text, joint torque, button press or other token according to the context.

Unlike most agents playing games, Gato can play many games using the same training model without training for each game separately.

The training data set of Gato should be as extensive as possible, including different modes, such as images, texts, proprioception, joint torque, button pressing and other discrete and continuous observations and actions.

In order to be able to handle this multimodal data, Deepmind serializes all the data into a flat token sequence. In this representation, Gato can be trained and sampled from a large-scale language model similar to the standard. During deployment, the sampled token are combined into dialog responses, subtitles, button presses or other actions according to the context.

Wang Jun, a professor of computer science at UCL, told Machine Heart that DeepMind’s latest work combines reinforcement learning, computer vision and natural language processing. Although it follows the previous methods in technical thinking, it is not easy to map CV, NLP and RL into the same space and express them with a set of parameters.

Its positive significance lies in that it proves that the combination of CV, NLP and RL is feasible, and some problems of decision intelligence can be solved through sequence prediction. Considering that the current parameters of Gato model are only moderate, it will be of great significance to continue to explore in this direction and build a larger model.

However, the RL part of the Gato model only adopts the supervised learning method, which does not touch the real core of reinforcement learning-Reward design mechanism, and there is no multi-agent decision-making problem in the current task. Professor Wang Jun said that his team has done a lot of exploration on the decision-making model recently, including proving that multi-agent decision-making can also be a sequential model, and relevant results will be announced in the near future, so you are welcome to pay attention.

Gato agent details

In the training stage of Gato, data from different tasks and modes are serialized into flat token sequences, which are processed by a transformer neural network similar to a large language model for batch and other processing. Because the loss is masked, Gato only predicts action and text targets.

The following picture shows the training process of Gato.

When deploying Gato, prompts (such as demonstrations) are tokenised, forming an initial sequence. Then, the environment produced the first observation, which was tokenised and added to the sequence. Gato samples the motion vectors by autoregressive method, and only samples one token at a time.

Once all the token containing the action vectors are sampled (determined by the action specification of the environment), the actions are decoded and sent to the environment, and then new observations are gradually generated. Repeat this process. Gato model always looks at all previous observations and actions in the context window containing 1024 token.

The following figure shows the process of deploying Gato as a control policy.

In addition to various natural language and image data sets, Gato has also been trained on a large number of data sets containing the experience of agents in simulated and real environments.

Table 1 below shows the control data set for training Gato on the left and the visual and linguistic data set on the right. Sample weight indicates the average proportion of each data set in the training sequence batch.

Gato agent capability

The researchers summarized the performance of Gato when training on the above data. In other words, all the results of all tasks come from a single pre-training model with a set of weights. The fine-tuning results will be shown in the chapter "Experimental Analysis".

Analog control task

Figure 5 below shows the number of different control tasks performed by Gato above a given score threshold relative to the expert performance in Gato training data. Among them, the value on the x axis represents a specific percentage of the expert score, and 0 corresponds to the random agent performance. The y-axis represents the number of tasks when the average performance of the pre-training model is equal to or higher than a certain percentage.

The researchers report the performance as a percentage, where 100% corresponds to the experts of each task and 0% corresponds to the random strategy. For each simulation control task of the training model, they roll out Gato strategy 50 times in the corresponding environment and average the defined scores. As shown in the figure below, Gato performed more than 450 of the 604 tasks with an expert score threshold of over 50%.

In ALE Atari, Gato scored an average (or higher) score for human beings in 23 Atari games and twice the score for human beings in 11 games. Although the single-task online RL agent that generates data is still superior to Gato, it can be overcome by increasing capacity or using offline RL training instead of pure supervision. The researcher also introduced a professional single-domain ALE Atari agent, which scored better than humans in 44 competitions.

In BabyAI, Gato got more than 80% expert scores at almost all levels. For the most difficult task, BossLevel, Gato scored 75%. In contrast, the other two published benchmarks, BabyAI 1.0 and BabyAI 1.1, used 1 million demonstrations to train this single task, but their scores were only 77% and 90%.

In Meta-World, Gato scored more than 50% in 44 of the 45 tasks trained, more than 80% in 35 tasks and more than 90% in 3 tasks. On the standardized DM Control Suite, Gato scored more than 50% in 21 of 30 tasks and more than 80% in 18 tasks.

Robot benchmark evaluation

Remote operation from the first perspective can collect expert demonstrations. However, such demonstrations are slow and costly to collect. Therefore, the data-efficient behavior cloning method is desirable for training universal robot manipulators, and off-line pre-training has become a very dynamic research field. The researchers also evaluated Gato on the established RGB Stacking robot benchmark.

The skill generalization challenge of RGB Stacking robot benchmark tests the ability of agents to stack objects with shapes that have never been seen before. Agents are trained on a dataset containing episodes of robot stacked objects of various shapes. However, the triplets of five object shapes are not included in the training data, but are used as test triplets. The researchers evaluated the trained Gato for 200 rounds for each test triplet on the real robot.

The results in Table 2 below show that the success rate of Gato on each test triplet is equivalent to the benchmark of single task BC-IMP(filtered BC) proposed by Lee et al. (2021).

Text example

Gato agents can also generate basic dialogues and add subtitles (or descriptions) to images. Figure 6 below shows a representative example of Gato subtitling an image.

Figure 7 below shows some selected examples of plain text dialogue and communication.

experimental analysis

In Figure 8 below, DeepMind evaluated three different model sizes (measured by parameter count): 79M model, 364M model and 1.18B model (Gato). It can be concluded that under the same number of token, with the expansion of the model, the performance of the model will be improved.

Figure 10 below compares the success rate of Gato in different fine-tuning data mechanisms with that of sim-to-real experts and Critical-Regulated Regression (CRR) agents. The results are as follows: In reality and simulation (the red curves on the left and right respectively), Gato recovered the performance of experts with only 10 episodes, and reached the peak when fine-tuning data with 100 or 1000 episodes, surpassing the experts. After this point (at 5000), the performance will drop slightly, but it will not be far lower than that of experts.

Table 3 below shows the comparison results of Gato and BC-IMP.

Original link:

https://www.deepmind.com/publications/a-generalist-agent© THE END

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Original title: "DeepMind" generalist AI agent Gato is coming, multi-modal, multi-tasking, inspired by the big language model "

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The fourth of "Four Questions about Bitcoin": How does the blockchain develop healthily?

Editor’s note: In May, the "currency circle" attracted countless attention. On May 18th, China Internet Finance Association and other three major associations issued an announcement pointing out that carrying out the exchange business between legal tender and virtual currency and between virtual currencies violated relevant laws and regulations and was suspected of committing a crime. On May 21st, the the State Council Financial Committee made a heavy voice, and once again clarified the strict supervision attitude of the financial regulatory authorities on Bitcoin: "Cracking down on bitcoin mining and trading, and resolutely preventing individual risks from being transmitted to the social field".
Where does the "fever" of speculative money come from? What is the chaos of "currency circle"? How does "mining" consume energy? How does the blockchain develop healthily? With these questions, People’s Daily’s "Strong Observation" column specially launched a series of reports on "Four Questions about Bitcoin", so please pay attention.
Recently, bitcoin has attracted the attention of the general public because of its sharp rise and fall and the strong supervision of the government. How to understand the relationship between virtual currency such as Bitcoin and blockchain? What role does blockchain play in helping the development of the real economy? What will China do to promote the healthy and orderly development of blockchain? In this regard, People’s Daily’s "Strong Observation" column invited many experts to interpret it.
Is bitcoin equivalent to blockchain?
"Actually, Bitcoin is a virtual currency." Zhao Xijun, a professor at the School of Finance and Finance of Renmin University of China, said that virtual currency is just like the points launched by some platforms to encourage players to use their own systems more. These points are just numbers rather than real money, but they can be traded in kind or transferred. "This number generated by the platform according to the rules has no fixed face value, and it is not the currency issued by the platform in advance. It can be understood as virtual currency."
When it comes to bitcoin, many people will mention blockchain, and some even think that bitcoin is a blockchain. Is bitcoin equivalent to blockchain?
"Bitcoin is by no means the same as a blockchain. The essence of blockchain is a decentralized distributed database. It is an innovative application mode of Internet with distributed data storage, multi-center point-to-point transmission and encryption algorithms, not virtual currency. " Long Fan, dean of the Blockchain Research Institute in Shutu District, said, "In short, the blockchain is actually a decentralized distributed database or account book that is difficult to tamper with, including public chain, private chain and alliance chain."
Regarding the relationship between Bitcoin and blockchain, Zhao Xijun believes that blockchain is the underlying technology of Bitcoin, and Bitcoin can exist and operate only by relying on the technical support provided by blockchain. The relationship between the two is more like attachment and being attached. However, the application of blockchain is not limited to the financial field, and its application is very extensive.
How does the blockchain help the real economy?
On October 24, 2019, during the 18th collective study in the Political Bureau of the Communist Party of China (CPC) Central Committee, General Secretary of the Supreme Leader stressed that it is necessary to promote the deep integration of blockchain and real economy, and solve the problems of financing loans for small and medium-sized enterprises, bank risk control and departmental supervision.
"Blockchain technology is related to value circulation, trust construction, contract observance and execution. It can play a key role in technical support for the construction of China’s real economy ecological environment, such as reducing transaction costs, improving product quality and credit, eliminating capital friction, building a benign supply chain relationship, and creating an innovative and ecological environment." Taking the manufacturing industry as an example, Zhu Wei, a member of the expert database of Beijing Science and Technology Commission, explained that both the market and policies and regulations are regulating the development environment of the manufacturing industry, but there is still room for the construction of industry order between them. "Blockchain plays a supporting role in building the industrial order of the manufacturing industry from a technical point of view, and can help the manufacturing industry to build a benign order of the industry quickly, spontaneously and purposefully."
Based on the technical characteristics of anti-counterfeiting, anti-tampering and traceability, Zhu Wei believes that this is conducive to solving the problems of equipment management, data sharing, multi-party trust and cooperation, and security in manufacturing, and plays an important role in improving industrial production efficiency, reducing costs, and improving the level and efficiency of supply chain coordination.
In addition, blockchain technology can promote the integration of industry and finance, so that finance can better promote the development of the real economy. Zhao Xijun said that the combination of blockchain technology and supply chain can greatly alleviate the problem of financing difficulties for SMEs in the supply chain; The tamper-proof blockchain and the security mechanism of private keys make identity management easier, and it is no longer necessary to rely on the supervision and credit of third parties, which greatly enhances the credibility of data networks; Distributed ledger technology makes non-commercial confidential data stored and backed up at all participating nodes, which solves the problem of information island in supply chain financial business.
In order to promote the deep integration of blockchain and real economy, Tian Shengdi, an associate professor at the School of Finance of Southwestern University of Finance and Economics, suggested: First, establish a provincial or even national supply chain tracking system, and establish a traceability and data integrity for the material flow related to national security, national economy and people’s livelihood. Reliable logistics system; Secondly, relevant departments should encourage industry cooperation, develop collaborative procurement and share supply chain management platforms, and create a highly visible upstream and downstream supply relationship through blockchain technology; Thirdly, enterprises should explore the application scenarios of blockchain and improve the application efficiency of technology, such as integrating information flow, replacing paper contracts and bills with blockchain, and integrating capital flow and using blockchain for account management.
How does the blockchain develop healthily and orderly?
In the chapter of "Accelerating Digital Development and Building Digital China" in the Outline of the Tenth Five-Year Plan, blockchain is listed as one of the seven key industries of digital economy in the Tenth Five-Year Plan.
Blockchain has been included in the five-year national development plan for the first time, and has become an important carrier for developing digital economy and building digital China, which indicates that the integrated application of blockchain technology will play an increasingly key role in the process of digital industrialization and industrial digitalization.
In this regard, Pan Helin, Executive Dean of the Digital Economy Research Institute of Zhongnan University of Economics and Law, said that although virtual currency has ushered in strong supervision in China, with the support of a series of policies, blockchain is likely to become an important new infrastructure in the digital economy era. It is of great significance to the development of the real economy, modern finance, and scientific and technological innovation. Nowadays, all countries are vigorously developing.
In addition to the benefits, the blockchain also poses new challenges in terms of supervision. A blockchain research expert from the central bank explained that financial behaviors such as virtual currency exchange, ICO (initial token issuance) fund-raising and pyramid selling in the form of tokens are frequent, and the current regulatory technology needs to monitor and analyze the public chain address and transaction data of the above behaviors to judge whether it is illegal or not. However, the public chain based on blockchain technology is anonymous, and the intelligent contract has the characteristics of unmanned automatic execution, which makes it impossible for the current regulatory technology to carry out detection and analysis, and naturally it is impossible to complete the judgment of illegal and criminal acts.
Some illegal blockchain applications use the names of points, stored value, equity, bills of lading, sales incentives, coupons, etc. to implement illegal financial behaviors such as fund-raising and pyramid schemes. "In addition to technical supervision, there should also be laws and regulations, but laws and regulations in this area are still missing." The expert added that it is not clear how to adapt and be compatible with the existing regulatory processes even for the legitimate blockchain applications such as supply chain finance, compliant asset registration and trading, and deposit certificates, and it is necessary for the regulatory authorities to formulate refined and operational standards and norms.
In order to solve the above problems, the expert suggested to build a unified data supervision and analysis platform for virtual currency finance based on blockchain technology, which can not only analyze, predict and judge financial risks by combining bank transaction data, but also improve the analysis ability by applying big data, joint risk control based on privacy computing, knowledge map, artificial intelligence and other technologies. At the same time, for violations in the name of blockchain instead of blockchain technology, supervision should be strengthened to increase illegal costs.
One of the "Four Questions about Bitcoin": Why does supervision follow one after another? How big is the risk of speculation?
The second question of "Four Questions about Bitcoin": "Mining", how much energy does it consume?
The third of "Four Questions about Bitcoin": How much do you know about the chaos of "currency circle"?
Reporting/feedback

Tianjin: new consumption experience, drawing a new picture of golden week economy

Xinhua News Agency, Tianjin, October 6th
Xinhua News Agency reporters Song Rui and Ma Bowen
In the golden autumn of October, the first two-dimensional immersive experience hall in Tianjin welcomed the first guests at the Xiannong University of Wudao in Heping District, Tianjin. With the official appearance of pop-up shop’s theme "Meow Meets Coffee" in Dali Temple Journal during the National Day holiday, the audience is no longer just a "bystander" of this domestic animation work, but can really walk into the story and be "in the same box" with the characters.
Walking into the store is like stepping into the parallel time and space of animation. A large number of original surroundings are displayed next to the bar, which provides fans with rich collection options. Cosplay free travel, role interaction and other activities attract many anime fans to make an appointment on social media in advance.
"The secondary culture conforms to the consumption pattern of a new generation of young people, and the linkage between Tianjin local national tide animation and Tianjin historical district has brought new consumption experience." Yang Kun, general manager of Tianjin Eco-city Industrial Park Operation Management Co., Ltd. said.
In Tianjin Geely Building, the National Tide Quangan Theater of "Mysteries of the Tang Dynasty Westbound" also attracts tourists. The theater is based on the real scene of the Tang Dynasty and integrates VR technology to create an immersive experience. The audience put on the VR head display, and with the changes of light, shadow and sound effects, it seems to cross the Millennium Chang ‘an and embark on a fantasy journey.
Citizen Dong Li came to experience with her mother: "I have never seen this form before. It is very novel, with the dynamic effect of wind and rain, which is particularly real. The picture of VR glasses is very clear and it feels like being there. "
The theater is based on the popular network drama "The Mysteries of the Tang Dynasty", which expands the new space of cultural consumption through "national tide+immersion experience" and further activates the market potential of traditional cultural IP.
"We hope to make traditional culture’ live’ through cutting-edge technology." Jiao Tianyu, assistant general manager of Tianjin Centennial Zhongyuan Commercial Development Co., Ltd. said, "This project is not only an entertainment experience, but also an innovative attempt of cultural inheritance, which has greatly stimulated young people’s love for traditional culture."
As night falls, the lights of the amphitheater in Tianmei Art District, Hebei District, Tianjin are getting brighter, and Cao Yu’s classic plays are being staged. The circular layout of the theater makes the audience and the actors "zero distance", and the scenery and props are close at hand-the teacups on the table, the paintings on the walls, and the clothes placed by the actors when they walk, all of which make people feel like they are in the living room on that rainy night.
The gallery lights outside the theater continued the aftertaste of the drama. The special drama exhibition "From Front to Behind the Scene" shows props, costumes and manuscripts of stage plays over the years. The audience can personally touch these "silent actors" and feel the vitality of drama art.
"We hope that through curation, the story of the stage will continue into life. After watching the performance, the audience can continue to feel the story behind the scenes. " Jiang Dafang, chairman of Tianmei Art District Operation Company, introduced.
In the "rejuvenated" China Grand Theatre, a lively and immersive "National Day Recreation Party" was staged here. The entertainment club will continue the city memory of the old theater, and let the audience enjoy tricks and flash performances of Beijing opera between the stage and balcony with a walking tour experience.
During the holiday period, Tianjin launched the 6th Nightlife Festival, Haihe Reading Season, Vibrant Hexi Nezha International Consumer Carnival and other special activities around the theme of "Night Tianjin City" and "Golden Autumn Consumption Season". Cafes and cultural and creative stores extended their business hours to attract more tourists to "punch in".
In Tianjin Italian style area, bookstores are no longer just quiet corners. Zhong Shuge Tianjin Store, which won the international architectural award, ushered in its first anniversary of opening, and the book overflowed the store door and extended to a "mobile bookstore". People read and communicate with the aroma of coffee and music, and feel the unique charm of "the city is the study".
"In the past, visiting a book fair was to buy books, but now it is more like a cultural trip." Susan Wang, a tourist, said, "Walking and reading in the block market can not only choose books, but also buy coffee and cultural creation, which makes the experience richer."
Four days before the National Day holiday, 415 commercial and trade circulation enterprises monitored by Tianjin Municipal Bureau of Commerce realized a cumulative sales of 1.6 billion yuan, a year-on-year increase of 5%; The cumulative passenger flow was 10.855 million, up 4.2% year-on-year.
He Xiaoyang, director of the Consumption Promotion Department of Tianjin Municipal Bureau of Commerce, said that Tianjin is making good use of policy resources, insisting on scene innovation and content upgrading, and launching diversified consumption scenes of business, culture, tourism and sports exhibitions to continuously meet the personalized, diversified and quality consumption needs of citizens and tourists.
Source: Xinhuanet
Reporting/feedback

TOP7, an American shopping website that is cheap and easy to send directly to China.

   Lead: Most people shop overseas mainly to buy things that are cheaper than those in China, or some people want to buy some products or brands that they like but have not been sold in China, so everyone will consider a lot in the process of buying.

  Such as: freight, return and exchange procedures, customs duties, customer service and customs duties, etc., many foreign shopping malls are also very mature, which dazzles you. However, because many merchants do not support direct shipping to China, or some even do not support international credit cards, it is still a bit difficult to find cheap and easy goods conveniently and simply. Now let Xiaobian recommend several websites for everyone.

TOP7, an American shopping website sent directly to China.

  Here is a B2C mall. They either ship directly to China in a very economical way or even free of charge, or support China’s credit cards, and they all have their own characteristics.

  1.shopbop

  2. Revolve Clothing

  3. Zappos

  4. ASOS

  5. Benefit

  6. SkinStore

  7. Amazon

  1. shopbop(www.shopbop.com)

TOP7, an American shopping website sent directly to China.

  Optimal recommendation of SHOPBOP direct delivery discount products

  Amazon bought this website in 2006, which specializes in selling designer products (women’s fashion goods). When buying luxury goods at civilian prices, it can enjoy a maximum discount of 70%. For orders smaller than 100SD, the unified freight is 10USD (excluding customs duties and import taxes). For orders larger than 100SD, it is free of freight worldwide and shipped directly to China. You can use USPS through ShopBop Global (which collects customs duties and import value-added tax), UPS(100USD automatic customs declaration) or USPS. Although you can’t track your order and it takes a long time to deliver it, it is less likely to be taxed because it belongs to civil parcels.

  There are 75 brands and designers’ products on the website, and some of them are sold exclusively, and the prices are very civilian. If you pay attention to their discount shopping areas, you may get unexpected gains.

  Highlight: With Amazon as the backing, affordable prices, a wide variety of goods, and a more humane and economical shipping method, it is understandable to rank it in the first place.

  For more information about purchasing, you can refer to it here, and you can also learn more about the precautions about purchasing and returning goods in the Customer Service area of their website.

  2. Revolve Clothing(www.revolveclothing.com)

Revolve Clothing

  Like ShopBop, it is also an American website selling fashion designer brands. There are both men’s and women’s clothes, and there are more brands than ShopBop. There are more than 200 designer brands, big brands and small brands. Like ShopBop, you can enjoy USPS (no tracking) free shipping to China when you buy more than 100SD, and the shipping fee for orders less than 100SD is 10USD. You can also request delivery by USPS Express (providing waybill tracking). Orders larger than 100USD will be charged 8USD, and orders smaller than 100USD will be charged 18USD. Free return within 30 days (return freight is required for international orders).

  Highlight: Affordable prices, a wide variety of goods, and humanized delivery and return methods are not inferior to or better than ShopBop in all aspects except for the lack of such strong backing as Amazon in the brand.

  For more information about purchasing, you can refer to it here, and you can also learn more about the precautions about purchasing and returning goods in the Customer Service area of their website.

  3. Zappos ( www.zappos.com )

Zappos

  This is a Chinese-founded company. At first, it was a website specializing in selling shoes, and it was also the largest online shoe store in the United States. They also owned another thank-you website (www.6pm.com). In July 2009, this company and its www.6pm.com were acquired by Amazon. At present, www.zappos.com not only sells shoes, but also sells many other fashionable goods such as clothes, handbags, watches and some other decorations. The designer brand is also complete. At present, there is also a special area (http://couture.zappos.com) selling designer fashion brands. The brands are complete, and you can see many designer brands.

  The biggest feature of their website is the 365-day free return, which is free of domestic freight in the United States. However, it does not support international shipping for the time being, and it can be paid through PayPal, and it also supports international credit cards. Sometimes, many famous brand shoes can be bought at a very low price.

  Recommended reasons: the largest online shoe store in the United States, Amazon’s strong backing and worry-free 365-day return method, support for international credit cards and free shipping in the United States, and the gathering of big names in fashion areas are all recommended reasons. The only drawback is that it does not support international shipping.

  For more information about purchasing, you can refer to it here, and you can also learn more about the precautions about purchasing and returning goods in the Customer Service area of their website.

Chengdu, Sichuan: The traffic control department of the public security takes many measures to finely control traffic congestion and ensure smooth roads during holidays.

CCTV News:On the first day of the New Year holiday, Chengdu, Sichuan ushered in the peak of passenger flow. In order to effectively prevent and reduce the occurrence of road traffic accidents, the traffic control department of Chengdu public security has refined traffic congestion with the working mechanism of "fast, accurate and micro".

During the New Year’s Day holiday this year, most of Chengdu’s tourism is self-driving in surrounding cities, and the daily average number of motor vehicles on Jiannan Avenue in Chengdu exceeds 150,000.

Li Jinghao, Captain of the Third Brigade of the Sixth Branch of the Traffic Management Bureau of Chengdu Public Security Bureau:Before New Year’s Day, the centralized transformation of nodes and entrances and exits of Jiannan Avenue was carried out, and signal lights were set up to redistribute and adjust the flow of main and auxiliary roads.

In addition, Chengdu traffic police also use video inspection and intelligent transportation system to investigate and deal with illegal activities efficiently and improve the efficiency of road traffic operation.

Police of Chengdu Public Security Bureau Traffic Management Bureau Command Center Qi Bingsen:Collect traffic incidents every 10 minutes, properly handle the discovered incidents in time, and at the same time, collect and warn the peripheral traffic incident information based on the Internet big data platform, so as to ensure that we can discover the traffic incident information of the whole city more accurately and efficiently and ensure the safe travel of citizens.

[Venture capital resumption] E-commerce AI SaaS service provider "Le Yan Technology" obtained strategic investment from Ali; Kunlun, Baidu AI chip division, completed a new round of financing.

Venture capital resumption

Focus on:

E-commerce AI SaaS service provider "Le Yan Technology" obtained strategic investment from Ali;

GitLab established the China joint venture company "Extreme Fox", which won hundreds of millions of yuan in investment in the first round;

Kunlun, Baidu AI chip division, completed a new round of financing;

Music copyright service company "Spark Sound Yue" completed millions of seed rounds of financing.

The contents of the following week’s investment and financing resumption (March 15th to March 19th) were compiled by the Hong Kong Stock Research Institute.

Consumer plate

"Zhen Wei Xiao Mei Yuan" won tens of millions of yuan in Series A financing.

"Zhenwei Xiaomeiyuan" has recently completed tens of millions of A-round financing, with Guo Sheng Capital as the investor and 42 Capital as the exclusive financial advisor. It is reported that this round of financing funds will be used for team expansion, brand marketing and R&D investment. "Zhen Wei Xiao Mei Yuan" is a brand of prefabricated dishes. At present, more than 50 kinds of prefabricated dishes have been developed, and nearly 30 of them are on sale. The explosive products include crystal lotus leaf chicken, pickled fish, black pepper beef fillet, kung pao chicken and old Shanghai scallion cake.

"Wangjiadu Food" completed nearly 100 million yuan in Series A financing.

"Wangjiadu Food" has completed a round of financing of nearly 100 million yuan. This round is led by Fuxing Yuan and invested by Tomato Capital. The funds are mainly used for catering and retail market development. Wangjiadu Food is a Sichuan-style food enterprise engaged in research, development, production and sales of Sichuan-style food. Formerly, it was a subsidiary of the central kitchen of Meizhou Dongpo, focusing on Sichuan-style prefabricated dishes. Now it has launched explosive prefabricated dishes such as Wangjiadu low-temperature lunch sausage and low-temperature Sichuan-style sausage, as well as Dongpo braised pork, roasted beef with bamboo shoots, yipin Dongpo pork, Maoxuewang and other Sichuan-style dinner dishes of Meizhou Dongpo, in addition to providing Sichuan-style seasonings, compound sauces and other products.

"Guang Liang Liquor Industry" has completed several hundred million yuan of A and B rounds of financing, with Gaoyan Venture Capital and BAI leading the investment.

The new liquor brand "Guang Liang Liquor Industry" has completed hundreds of millions of A and B rounds of financing in 2020, of which A round was led by Gaochun Venture Capital, followed by XVC and jagermeister Capital; Round B was jointly led by Gaochun Venture Capital and BAI Capital, and XVC overspent; Anke Capital acts as a financial consultant. At the beginning of its establishment in 2018, the company received angel round investment from Dawang Capital.

Children’s food brand "Little Yellow Elephant" completed tens of millions of angel round financing.

The children’s food brand "Little Yellow Elephant" has completed tens of millions of angel round financing, and the investor in this round is Zhenge Fund. Wang Yi, the founder of Little Yellow Elephant, told 36Kr that this round of funds will be mainly used for category expansion, global supply chain integration and marketing.

The baking snack brand "Sawada Benjia" completed the first round of over 10 million financing.

The baking snack brand "Sawada Benjia" has recently completed the first round of financing, with a financing amount of over 10 million. This round of financing is jointly funded by independent investors He Boquan and Tiantu. Independent investor He Boquan is the founder of today’s investment. This round of financing will be mainly used for new product development, offline stores and online channel expansion.

The creative bibimbap sauce brand "Xibao Research Institute" won nearly 10 million yuan in angel round financing.

The creative bibimbap sauce brand "Xibao Research Institute" has completed nearly 10 million yuan of angel round financing, and the investor in this round is Meihua Venture Capital. This round of financing will be used for marketing promotion, brand building, product research and development and supply chain construction.

The pot circle completed the $300 million D round of financing.

Cookware Supply Chain (Shanghai) Co., Ltd. announced that it has completed the $300 million Series D financing led by CMB International and Tiantu Capital, with the old shareholders exceeding the limit. The company said that it will build upstream barriers and enter the third-and sixth-tier consumer markets.

Science and technology concern

E-commerce AI SaaS service provider "Le Yan Technology" obtained Ali strategic investment.

E-commerce AI SaaS service provider "Le Yan Technology" announced the completion of the C3 round of financing led by Alibaba. So far, the accumulated financing amount of Le Yan Science and Technology Round C has exceeded 500 million yuan. Shen Libin, founder and CEO of Le Yan Science and Technology, said that the funds raised in this round will be used to further increase investment in AI technology research and development and launch more AI intelligent software services.

SRM procurement supply chain service provider "Enterprise-Enterprise Link" completed the C round of financing.

Shenzhen Enterprise Technology Co., Ltd. officially announced that it has completed the C round of financing by Yonghua Investment, Kunzhong Capital, Koala Fund, Galaxy Venture Capital and Rose Tree Investment. Among them, Kunzhong Capital has already made several rounds of investment in enterprise-enterprise communication. After this round of financing, Enterprise-Enterprise Link will continue to enrich SRM industry solutions, upgrade product functions and customer service experience, and continue to provide more value-added services for enterprises and suppliers based on SRM platform.

GitLab established the China joint venture company "Extreme Fox", which won hundreds of millions of yuan in investment in the first round.

GitLab, an open source platform, announced the establishment of a joint venture company in China, named "Extreme Fox Information Technology (Hubei) Co., Ltd.". The joint ventures also include Sequoia Broadband and Gaocheng Capital, which won hundreds of millions of RMB investment in the first round. According to the official introduction, GitLab has more than 30 million registered users and more than 100,000 corporate customers worldwide. In China, GitLab has millions of open source users. GitLab said that through cooperation with Sequoia Broadband and Gaocheng Capital, the company will gain complete autonomy in strategy, technology, products, pricing and operation.

The UAV company "Feifei Technology" completed a C++ round investment of over 300 million yuan.

The drone company "Feifei Technology" announced the completion of the C++ round investment of Gaochun Venture Capital exceeding 300 million yuan. The capital injection of Gaochun Venture Capital this time is an additional investment in the financing of 1.2 billion yuan of Feifei Technology at the end of last year.

"Haiyan Technology", a supplier of AI machine vision equipment, won tens of millions of yuan in Series A financing.

Beijing Haiyan Automation Technology Co., Ltd., a supplier of AI machine vision equipment, has completed tens of millions of A-round financing in September 2020. The investor in this round is Fengrui Capital. Haiyan Technology was established in 2015, focusing on the home appliance industry in the early stage, providing customers with intelligent equipment and complete system solutions based on machine vision and artificial intelligence.

"Tengyin Caizhi" has received more than 100 million RMB A+ rounds of financing, and the investors are Tencent and Gaorong Capital.

Shenzhen Tengyin Information Consulting Co., Ltd. (hereinafter referred to as "Tengyin Caizhi") announced the completion of the A+ round of financing of over RMB 100 million, with Tencent and Gaorong Capital as investors. This round of financing is mainly used to optimize the product matrix, introduce industry talents, enhance research and development capabilities, and quickly launch a variety of value-added products and supporting services.

"Tezan" completed the $100 million Series C financing and released the digital platform for content experience for the first time.

"Tezan" announced the completion of the C2 round of financing led by Temasek, with Unicorn Capital Partners, C Ventures, Softbank China Capital and all the old shareholders (Sequoia China, Hearst Capital, Linear Capital, Jingya Capital, Xinyuan Capital, etc.) following the investment. Mumian Capital serves as the exclusive financial advisor for Series C financing. After this round of financing, Tezan will invest more in products, research and development, data and underlying technologies, and will also expand its business team and set up a South China office. Taking content experience data asset management as a platform, we will expand the platformization and intelligent content production and content circulation scenarios of medium and large enterprises in different industries.

"Suzhou Leike Sensor" completed tens of millions of A round financing.

In March, 2021, Suzhou Science & Technology Leike Sensing Technology Co., Ltd. completed tens of millions of yuan of Series A financing. This round of financing was led by Zhongguancun (000931, stock bar) Zhiyou Scientists Fund, followed by Yonghua Investment and Puhua Capital. This round of financing will be used to increase the company’s R&D investment in new products and application systems of 94GHz millimeter wave radar and SAR radar in the civil field, and expand business application fields.

"Impression Notes" completed hundreds of millions of B rounds of financing

The information management platform "Impression Note" announced the completion of hundreds of millions of B rounds of financing. This round of financing was jointly led by Zhencheng Investment and Shanghai Cultural Industry Development Investment Fund, followed by Dunhong Assets, Tongchuang Weiye and Ruili Investment. This round of financing will be used to optimize and adjust the ownership structure, accelerate the development of core business, and promote the development and integration of various new businesses. At the same time, it will invest in the construction of new research and development centers, increase the innovative research and development of related technologies and products such as artificial intelligence and natural language processing, and help the continuous iterative upgrading of products.

"Yi Anlian" announced the completion of nearly 100 million B+ rounds of financing.

"Yi ‘anlian" announced the completion of nearly 100 million B+ rounds of financing. This round of financing was led by Chenyi Investment, and Langmafeng Venture Capital and the old shareholders followed the investment. Cipher Capital continued to serve as the exclusive financial advisor for this round of financing. The funds will be mainly used for sales market expansion and zero-trust technology research and development, and accelerate the national coverage of zero-trust security business.

Innovative property service provider and smart platform operator "Fengwu Technology" completed nearly 100 million A+ rounds of financing.

The innovative property service provider and smart platform operator "Fengwu Technology" officially announced the completion of nearly 100 million yuan A+ round of financing from Xuehu Capital, which will be used to further expand the market scale and establish the upstream and downstream ecology. According to reports, Fengwu integrates the mainstream hardware equipment and software systems on the market at present with the property cloud platform, such as community security software and hardware facilities, three-party financial software, etc., and then analyzes and calculates the collected data with algorithms. The analysis results will directly provide management basis for business and services, thus giving customized and landing solutions.

The enterprise expenditure management platform "Decibel Connect" received 92.5 million US dollars in Series C financing.

The enterprise expenditure management platform "Decibel Pass" received a series C financing of US$ 92.5 million, which was jointly led by Gaochun Venture Capital and Tencent, followed by the old shareholders IDG Capital, Ribbit Capital, Stowe Capital and Glade Brook Capital, and Yuanyi Capital served as the exclusive financing consultant in this round. This round of financing will be mainly used to accelerate product iteration and expand the team.

"Karel Robot" received multi-million yuan Pre-A round of financing.

Karel Robot Technology Co., Ltd. completed a multi-million yuan Pre-A round of financing, which was led by Hong Taizhi. The funds will be used for the research, development, production and marketing of commercial service robots.

Kunlun, Baidu AI chip division, completed a new round of financing.

Kunlun, Baidu’s AI chip division, completed a new round of financing, led by CITIC Industrial Fund, with a valuation of 2 billion US dollars.

"Endpoint" completed over 400 million yuan in Series A financing.

Hangzhou Terminal Network Technology Co., Ltd. completed the Series A financing of over 400 million yuan, which was led by Sequoia Capital, followed by its old shareholders Alibaba Cloud and Yaotu Capital. This round of financing will be used for software system research and development and team expansion.

The domestic brain-computer interface platform "NeuraMatrix" has received multi-million dollar Pre-A financing.

NeuraMatrix, a domestic brain-computer interface company, has completed a multi-million-dollar Pre-A round of financing, led by Jingwei China. This round of financing will be mainly used for mass production and sales of NeuraMatrix’s existing system-level products, new product development and talent introduction.

The intelligent supplier of supply chain "Shangwangyun" received tens of millions of angel round financing.

Shangwangyun, a supplier of digital intelligence in the supply chain, has completed tens of millions of angel round financing. This round of financing was led by Shunwei Capital, followed by strategic investors, and the old shareholder Lanling continued to raise money. Yunyue Capital served as the exclusive financial adviser. This round of financing will be used to develop products and expand the market.

"Know the future" won tens of millions of yuan in Pre-A round of financing.

"Knowing the future" completed tens of millions of yuan of Pre-A financing, led by Meihua Venture Capital, and followed by Gengyong Capital, Guohong Jiaxin Capital, Dachen Caizhi Venture Capital and other institutions. This round of financing is mainly used for the research and development and market expansion of ultra-low light full-color imaging products and systems.

Robot process automation service provider "Shadow Knife RPA" received over 10 million dollars in Series A financing.

The robot process automation service provider "Shadow Knife RPA" has successively completed the investment of 10 million US dollars in Pre-A and A rounds. Among them, the Pre-A round of financing was led by Red Dot China and followed by Jinshajiang Venture Capital; Round A was led by Gao Lin Venture Capital, followed by GGV Capital, and continued support from old shareholders China, Jinshajiang Venture Capital and Yingdong Capital. The funds raised will be mainly used to expand the R&D team and strengthen the service support team.

"Huayun ‘an" received tens of millions of A round financing.

Beijing Huayun ‘an Information Technology Co., Ltd., a security vendor focusing on vulnerability management and AI attack and defense, has officially completed tens of millions of A-round financing. The investor in this round is DCM, a well-known venture capital institution, and Cryptographic Capital is the exclusive financial advisor. After this round of financing, the company plans to continuously improve its technical strength and product capabilities, consolidate the construction of talent echelon, continue to build a cloud native security ecosystem, strengthen its innovative ability in vulnerability management and attack and defense services, and enrich the diversified layout of business scenarios in various industries, and accelerate the application of artificial intelligence in network security.

"Insight Technology" won tens of millions of yuan of Pre-A round of financing.

Shenzhen Insight Wisdom Technology Co., Ltd. completed the Pre-A round of financing at the beginning of the year. The main investors in this round are Yuanqi Capital and Feifan Venture Capital, Xinyuan Capital and other old shareholders, with an amount of tens of millions of RMB. After this round of financing, technology research and development and ecological construction of application scenarios will continue.

SaaS service provider "Jijia" completed 30 million Pre-A round of financing.

SaaS service provider "Jijia", which is committed to providing digital management solutions for cross-border e-commerce enterprises, has completed a 30 million yuan Pre-A round of financing. This round of financing is led by Yunqi Capital, simple investment and strategic resources, and will be used for market system construction, product and service upgrading, and introduction of high-end talents.

Medical plate

"Akang Health" completed nearly 200 million yuan in Series B financing.

"Akang Health" has recently completed nearly 200 million yuan in Series B financing and released a regional medical health platform. This round of financing is led by Zhongjin Qide, Zhongke Kechuang, Nanjing Bofu Investment and Shenzhen? Sub-wealth fund subscribed. Akang Health is a chronic prescription drug operation and management organization, which integrates chronic prescription drug operation, chronic disease management, hospital prescription circulation, e-commerce operation and out-of-hospital prescription increment, focusing on providing pharmacy service and chronic care for chronic patients who leave the hospital, and providing pharmaceutical enterprises with out-of-hospital prescription drug channel expansion, product increment and patient data management services.

"Yinming Bio" announced the completion of $60 million Series A financing.

"Yinming Bio" announced the completion of $60 million Series A financing. This round of financing was led by Gaorong Capital, followed by Lightspeed China, Huacheng Venture Capital, Jingcheng Capital, Huajin Capital (000532, shares bar) and Hengqin Jintou. Yinming Bio was established in October 2019, and its product pipeline covers the fields of ophthalmic drugs, small molecule immunodrugs, cell therapy, new medical and aesthetic drugs and so on.

Julu Medical, the overall solution provider of cardiopulmonary rehabilitation, has received tens of millions of yuan investment in Round A.

Julu Medical, the overall solution provider of cardiopulmonary rehabilitation, received tens of millions of RMB investment in Round A.. This round of funds will be used for the expansion and construction of rehabilitation centers of Julu Medical, the expansion of digital innovative equipment, hardware research and development, and the construction of marketing and operation teams. According to the official introduction, Julu Medical owns Beijing Julu Rehabilitation Medical Center Co., Ltd. (rehabilitation center) and Hangzhou Julu Medical Equipment Co., Ltd. (research and development factory), and has the certificates of national high-tech enterprises and Zhongguancun high-tech enterprises, and has obtained more than 60 patents.

Light medical cosmetology skin care brand "BIOLAB Listening Research" completed 10 million Pre-A rounds of financing.

Light medical cosmetology skin care brand "BIOLAB Listening Research" has recently completed a 10-million-level Pre-A round of financing, led by Tiantu Capital and followed by Baojiehui Innovation Consumer Fund. According to its founder Kiki, the funds will be mainly used for product research and development and brand marketing investment.

Fete Intelligent Inspection, a provider of visual intelligent inspection solutions, won tens of millions of A+ rounds of financing.

The vision intelligent detection solution provider "Fete Intelligent Detection" has completed tens of millions of A+ rounds of financing, which is led by Tianying Capital and followed by Zhuhai Hengqin Gold Investment. The funds will be mainly used for product research and development and business development.

"Hanyu Medical" received nearly 500 million yuan in D+ round financing.

Shanghai Hanyu Medical Technology Co., Ltd. has completed D+ round financing with a total amount of nearly 500 million yuan; This round of financing introduced Yunfeng Fund, the leading investor, and investors such as Jiangsu Ruihua, Octagon Capital, Yifangda and Lingdao Capital, and the original shareholder Honghui Capital continued to invest. Bairong Capital serves as the exclusive financial advisor for the company’s current round of financing.

"New Code Bio" completed over 400 million yuan in Series A financing.

Zhejiang pharmaceutical subsidiary "Xinma Bio" has recently completed a round of financing of over 400 million yuan. This round of financing was jointly led by Lilly Asia Fund (LAV) and Jingwei China, followed by SDIC Investment and Sanhua Hongdao. The funds raised will be used to support the clinical development and commercialization preparation of the company’s core product ARX788, product line expansion and independent innovation technology platform construction.

New industrial plate

The intelligent container truck transportation operation platform "Platypus" received an investment of 50 million US dollars.

It was learned from Duckbill Company, an intelligent container truck transportation operation platform, that Temasek, an international capital tycoon, led the investment, Lanting Investment followed the investment, and a number of old shareholders including Mingshi Capital, Shunwei Capital, Rongrong Capital, Zhuopu Investment and Duxiu Capital jointly organized a group to invest another $50 million in the company.

Changyang Technology, an enterprise in the fields of industrial Internet security and industrial control security, completed the financing of nearly 200 million yuan in the D round.

Changyang Technology, an enterprise in the fields of industrial Internet security and industrial control security, has completed nearly 200 million yuan financing in the D round. This round of financing was led by Sino-Russian Energy Fund, followed by Shenzhen Venture Capital, Guoyuan Venture Capital and Yuna Capital. According to the official introduction, Changyang Technology focuses its products and business on industrial network security and security big data. After completing the D round of financing, Changyang Technology will continue to increase its investment in product innovation, technology research and development, service operation and professional personnel training.

Pan-entertainment plate

Music copyright service company "Spark Yinyue" completed millions of seed rounds of financing.

The music copyright service company "Spark Sound Yue" has completed millions of seed rounds of financing, with investors including Donghu Angel Fund, Blueport Interactive and Hunting Capital. This round of financing is mainly used for team building and product development. According to public information, Spark Yinyue was established in 2020 and is affiliated to Wuhan Spark Yinyue Technology Co., Ltd., which is an innovative service technology enterprise focusing on music commercial solutions, music copyright management and music works marketing.

Psychological social product "hope" completed millions of angel round financing.

The psychological social product "hope" has recently completed a multi-million yuan angel round of financing. The investor did not disclose that the funds will be used for product iteration, content expansion and scenic spot cooperation. Hope is a positive psychological social product focusing on young people’s emotional sustenance and companionship. It was launched in 2017 and has now exceeded one million users.

The Internet operator "OTM", a member of the wine brigade, received nearly 40 million yuan in angel round financing.

OTM Zhongshu Travel Technology, an Internet operator of wine travel members, recently announced the completion of nearly 40 million yuan of angel round financing. This round of financing was led by creation partner CCV, followed by Gaorong Capital and Echo Capital as exclusive financial advisers. This round of financing will continue to be used for technology research and development, market expansion and talent introduction.

Emotional social product "Mood" has received millions of dollars in angel round financing.

Mood, a voice chat room that focuses on emotional socialization, received a multi-million dollar angel round of financing, led by Meihua Venture Capital and followed by another US dollar institution. Mood is an emotional social App for positioning young people hatched by MarryU, a new generation of marriage and love platform in China. It has been launched and operated in various application stores for one year.

Automobile plate

"Sinian Zhijia" won tens of millions of yuan in Pre-A round of financing.

Beijing Sinian Zhijia Technology Co., Ltd. announced that it has obtained tens of millions of yuan of Pre-A financing, with Guangfa Xinde as the lead investor and Jinbang Capital and Chentao Capital as the investors. This round of financing will be used for the company’s technology research and development, daily operation and market expansion.

Momenta, a self-driving company, received $500 million in financing, and SAIC, Toyota and Bosch jointly led the investment.

Momenta has completed the C round of financing totaling 500 million US dollars. This round of financing was led by SAIC (600104, stock bar), Toyota, Bosch, Temasek and Yunfeng Fund; Other investors include Mercedes-Benz, GGV ggv capital, Shunwei Capital, Tencent and Caive Fund. After obtaining new financing, Momenta will continue to promote the scale of autonomous driving around its "flywheel" technical route driven by mass production data. In addition, Momenta will further expand its overseas business and set up offices in Germany and Japan.

Overseas concern

Squarespace, an American self-help website platform, completed a new round of financing of 300 million US dollars, with a valuation of 10 billion US dollars.

Squarespace, an American self-help website building platform, said on Tuesday that it has completed a new round of financing of about 300 million US dollars, and the company’s valuation has reached 10 billion US dollars. The company said that new investors include Dragoneer, Tiger Global and D1 Capital Partners, adding that it plans to use the proceeds to fund its growth. Squarespace secretly submitted a listing application in January this year.

American fresh e-commerce "Weee!" Completed the $300 million D round of financing.

American fresh e-commerce "Weee!" Completed the $300 million D round of financing. This round of financing was led by the old shareholder DST Global, followed by new investors Blackstone Growth, Tiger Global and Arena Holdings, with XVI as Weee! The B-round lead investor continued to follow in this round. This round of financing will be used for the regional expansion of the fresh delivery market in the United States, the establishment of a more diversified product supply chain, the expansion of other Asian and Hispanic fresh delivery markets in the United States, the recruitment of talents, and the development of the latest technologies.

This article was first published on WeChat WeChat official account: Hong Kong Stock Research Society. The content of the article belongs to the author’s personal opinion and does not represent Hexun.com’s position. Investors should operate accordingly, at their own risk.

(Editor: Li Jiajia HN153)