1. Li Liang, Vice President of Tiktok, responded to the rumor that ByteDance was starting a big model price war again, saying that this was not a price war. The Doubao big model reduced costs through technological innovation and made a lot of optimization in algorithms, software engineering and hardware solutions. We hope to promote the popularization and application development of AI technology at lower costs.
2.According to data from the Ministry of Commerce, from January to November, China's outward non-financial direct investment was 128.63 billion US dollars, a year-on-year increase of 11.2%. Among them, non-financial direct investment of Chinese enterprises in the "the Belt and Road" countries was 30.17 billion US dollars, up 5.1% year on year; The completed revenue of foreign contracted projects was 116.14 billion US dollars, a year-on-year increase of 2.5%.
3.On December 19th, Hangzhou City, Zhejiang Province sold two residential land parcels at a premium, with a total collection of 2.592 billion yuan. Among them, the Beigan East unit plot in Xiaoshan District was won by a consortium of Haiwei Real Estate and Zhongtian Meihao Group for 1.8 billion yuan after 70 rounds of bidding, with a premium rate of 76.5%.
4.The Ministry of Commerce of the People’s Republic of China stated that it will accelerate the issuance of policy documents to promote the first economy, develop the ice and snow economy and silver economy, and promote digital consumption, green consumption, and healthy consumption. Deepen the cultivation and construction of international consumption center cities, promote the construction of a 15 minute convenient living circle, deeply implement the three-year action plan for county-level commercial development, and promote the transformation and upgrading of "thousands of stores and collections".
5.Xinhua News Agency reported that the first data technology state-owned enterprise was unveiled, and China Digital Logistics was established in Shanghai. The company will take the sharing and development of data resources in the fields of highways, railways, waterways, aviation, ports, etc. as the core, integrate logistics with information flow and capital flow, build a national level logistics big data platform, and effectively reduce the logistics costs of the whole society.
6.In 2024, there will be an additional 330 orders for domestically produced aircraft C919 and C909, with nearly 50 delivered, setting a new historical high.
7.According to the TrendForce report, the shipment volume of VR and MR head mounted devices in 2024 is approximately 9.6 million units, a year-on-year increase of 8.8%. The annual shipment situation reflects that low-priced products have become mainstream in the market; The application expands from entertainment to diverse productivity tools.
8.Canalys data shows that in the third quarter, the shipment of PCs in Chinese Mainland declined slightly by 1% year on year, with a total of 11.1 million units. Among them, the shipment of the consumer market increased by 4% year on year, driven by pre holiday stocking and government consumption incentives. It is expected that the PC market will continue to recover in 2025, with the desktop and laptop markets growing by 6%.
9. According to Xinhua Finance, it is reported that Apple is negotiating with Tencent and ByteDance to integrate their AI models into iPhones sold in China. Apple started integrating OpenAI's ChatGPT into its devices this month, and Siri will call ChatGPT, but ChatGPT is not available in China.
10. The Bank of Japan has decided to maintain the policy interest rate at around 0.25%. The uncertainty of Japan's economic and price prospects remains high. We must closely monitor the exchange rate, market trends, and their impact on the Japanese economy and prices. Due to changes in corporate salary and pricing behavior, exchange rate fluctuations may have a greater impact on inflation than in the past.
