1.According to a report by the China Academy of Information and Communications Technology, in October, the domestic market shipped 29.674 million mobile phones, a year-on-year increase of 1.8%. Among them, 5G phones accounted for 90.1% of the same period's mobile phone shipments. From January to October, the domestic market shipped 250 million mobile phones, a year-on-year increase of 8.9%, of which 5G phones accounted for 85.5% of the same period's mobile phone shipments.
2.According to data released by the National Bureau of Statistics, from January to October, industrial enterprises above designated size in China achieved a total profit of 58680.4 billion yuan, a year-on-year decrease of 4.3%; The operating revenue reached 110.96 trillion yuan, a year-on-year increase of 1.9%. At the end of October, the asset liability ratio of industrial enterprises above designated size was 57.7%, a year-on-year decrease of 0.1 percentage points.
3. Guizhou Province has issued a notice on several policy measures to promote sustained economic recovery and improve the quality of commercial housing development. Develop the 'Guidelines for High Quality Residential Design in Guizhou Province' to accelerate the construction of 'good houses'. It guides various regions to plan and construct summer resort, health care, and recreational real estate projects in a reasonable manner, and optimize the construction of educational facilities.
4.The Medical Insurance Bureau stated that China's pharmaceutical industry is growing rapidly. From the end of 2018 to November 2024, the total market value of the top five A-share pharmaceutical and biological listed companies increased from 550 billion yuan to 1.1 trillion yuan, nearly doubling.
5.According to the Shanghai Securities News, in October, the average interest rates for 3-month, 6-month, 1-year, 2-year, and 3-year bank deposits were 1.268%, 1.471%, 1.588%, 1.701%, and 2.061%, respectively. The interest rates of fixed deposits of various maturities have declined, and the interest rate of large denomination certificates of deposit has entered the "1" prefix. The month on month decline for terms under 2 years has exceeded 21 basis points.
6. The National Development and Reform Commission and seven other departments have released the "Guiding Opinions on Further Promoting Mutual Recognition of Inspection and Testing Results of Medical Institutions". By the end of 2025, all closely connected medical consortia will achieve mutual recognition of all projects among medical institutions within the consortium, and more than 200 projects will be recognized among medical institutions in various cities.
7. The China Low Altitude Economy Alliance has released a report on the development trend of low altitude economy, stating that drones will be ubiquitous and become the main tool for urban management such as logistics and express delivery, emergency rescue, etc; By 2030, eVTOLs with four or five seats are expected to remain in the price range of two to three million, and there may be 100000 eVTOLs entering households or becoming air taxis.
8. The TrendForce report shows that in the third quarter, NAND Flash revenue increased by 4.8% quarter on quarter. The price trends of NAND Flash in different application areas showed differentiation, with strong demand for enterprise grade SSDs driving up prices by nearly 15% quarter on quarter. Although consumer grade SSD prices have slightly increased, order demand has declined month on month.
9.According to Xinhua News Agency, the low-temperature waste heat emitted by factories, cars, office buildings, etc. is worth effectively utilizing, but usually the lower the heat storage temperature, the lower the heat storage density, and so far there are few related materials available. Japan has developed a new type of thermal storage material mainly composed of water, which can store low-temperature heat below 60 degrees Celsius and has a thermal storage density of up to 562 kilojoules per liter.
10.The South Korean Statistics Agency stated that the number of newborns in September and the third quarter of South Korea increased significantly year-on-year, with the growth rate breaking the highest record in more than 10 years. However, it is still too early to say that the total fertility rate in South Korea has started to rebound.
