Category: Flash News

On January 18, Cui Dongshu, Secretary General of the Passenger Car Service Branch, said through his personal WeChat official account that the proportion of power battery output loaded in vehicles would rise to 50% from January to December 2024, including 50% of ternary batteries and 50% of lithium iron phosphate. The competitive landscape of battery companies has formed a relatively strong characteristic between CATL and BYD. At present, there is still a significant gap between BYD and CATL, with BYD’s share increasing from 15% in 2020 to 25% in 2024, and rising to 26% in the fourth quarter; However, the proportion of CATL in the fourth quarter decreased to 43%, and the proportion of other battery companies also showed a clear differentiation trend. Battery companies have formed a characteristic of slowing down the clustering effect of top enterprises. From the first two companies accounting for 72% in 2022, the proportion still remains at 70% this year, with nearly 30% space for other companies.

On January 18, 2025, the Yunnan Provincial Government Work Report listed the implementation of the “Children’s Health Protection and Biological Vaccine Benefit Project” as one of the 10 practical benefits to be achieved by 2025. It explicitly proposed the construction of a provincial-level children’s medical treatment center with a level III level of critical care for children (including newborns), 5 state-level (city) level children’s emergency or critical care disciplines with a level II level, 70 county-level children’s emergency points with a level I or above level, and the establishment of a children’s treatment network covering the whole province; According to the principles of informed consent and voluntary participation, free domestic HPV vaccines will be administered to eligible first-year female students in the province.

On January 18th, in response to the temporary final rules on artificial intelligence related export controls recently released by the US Department of Commerce, the China Council for the Promotion of International Trade responded on behalf of the Chinese business community at yesterday’s press conference, stating that the US has once again abused export control measures and implemented long arm jurisdiction, seriously endangering the security and stability of the global artificial intelligence industry and supply chains. The Chinese business community strongly opposes this. Recently, the United States has repeatedly upgraded its export control measures related to artificial intelligence, continuously including Chinese companies in the list of export control entities. Now new regulations on artificial intelligence export control have been introduced. This series of unilateral measures that violate market rules have seriously hindered the cooperation between China and the United States in related industries and global innovation and development. We have noticed that representatives of the US AI industry and enterprises have said that the new export control regulations have not been fully investigated and reviewed by the industry and legislation, and the relevant rules are misleading and belong to excessive regulation, which will not enhance the competitiveness of the US AI industry, but will also harm the interests of the US and its upstream and downstream partners. Here, the Chinese business community calls on the US to respect objective facts, abide by market rules, stop abusing export control measures, and jointly support global innovation and development through economic and trade cooperation, industrial cooperation, and technological cooperation.

On January 18th, the China Council for the Promotion of International Trade held a press conference yesterday to announce the preparations for the 3rd China International Supply Chain Promotion Expo. The work of the 3rd Chain Expo is being carried out in an orderly manner, and nearly 70 well-known domestic and foreign enterprises have signed up to participate. The characteristics of international cooperation in industrial chain and supply chain at the 3rd Chain Expo are more prominent. At the same time, the third Chain Expo overseas roadshow event will also be launched this month, with the first stop set in Thailand.

On January 18th, Gree Wen Chuan released a Weibo account stating that we have noticed Weibo user “Xu Tao de Weibo” posting that “Dong Mingzhu has been suspended for review”. This information is purely fabricated and maliciously defamatory rumors. The user fabricated and published false information recklessly, seriously misleading the public and causing a negative impact on the reputation rights of our company and executives. Our company will resolutely take legal measures to hold them legally responsible and safeguard the legitimate rights and interests of listed companies and executives.

On January 18th, according to data from the 2025 Comprehensive Transportation Spring Festival travel rush special team, the expected cross regional personnel flow in the whole society on January 18th, 2025 (the 5th day of the Spring Festival travel rush, the 19th day of the twelfth lunar month) is 207.79 million, including 13.55 million railway passenger traffic, 191.35 million highway personnel flow (159.5 million non business passenger trips on highways and ordinary national and provincial roads, and 31.85 million business passenger trips on highways), 630000 waterway passenger traffic, and 2.26 million civil aviation passenger traffic.

On January 18th, South Korean President Yoon Seok yeol arrived at the Seoul Western District Court to attend the necessary review of the detention order. A large number of supporters of Yoon Seok yeol gathered in front of the Western District Court in Seoul. On the 17th, the South Korean Senior Public Officials Criminal Investigation Agency (DPCA) applied to the Seoul Western District Court for a detention order for Yoon Seok yeol on suspicion of being the “leader of the internal turmoil” and abusing power, seeking to continue the investigation while Yoon Seok yeol is further detained. According to the law, the Seoul Western District Court will review the detention order application within 24 hours and then make a decision on whether to approve the detention. Once approved by the court, including the time of arrest, Yin Xiyue can be detained for up to 20 days.

On January 18th, the 13th meeting of the Standing Committee of the 14th Shandong Provincial People’s Congress voted to pass the “Decision of the Standing Committee of the Shandong Provincial People’s Congress on Amending the Population and Family Planning Regulations of Shandong Province” (hereinafter referred to as the “Decision”). The Decision specifies that citizens who register their marriage in accordance with the law are entitled to 15 days of marriage leave; For those who participate in pre marital medical examinations, an additional three days of marriage leave will be granted. This means that the longest marriage leave in Shandong is 18 days.

On January 18th, OpenAI CEO Sam Altman announced in an article on social media platform X that the new inference AI model O3 mini version has been completed and will be released in a few weeks. (First Financial)

On January 18th, Andrei Kostin, the President of the Russian Foreign Trade Bank, stated that the bank plans to open an official branch in Iran by the end of 2025. Koskin also pointed out that currently, the Russian Foreign Trade Bank only has a representative office in Iran set to open in 2023, and he stated that the representative office will be transformed into an official bank.