Today's data selection: another batch of banks lowering deposit interest rates; The first domestically produced innovative antidepressant drug has been approved, with a benchmark of fixed deposits and interest rates
The average price of domestic air tickets during the summer has exceeded 1000 yuan, and the 100 yuan route in Southeast Asia is sufficient
According to data from the FlightAI market insight platform under Ctrip, the domestic airport passenger volume in the first five days of the summer rush was nearly 9 million, an increase of nearly 14% compared to the same period in 2019. According to data from Ctrip, domestic air ticket orders reached a historic high in the first five days of summer travel, while outbound air ticket orders increased six times year-on-year. As of July 5th, the orders for peripheral and long-distance trips in the first five days of summer travel increased by 29% and 64% respectively compared to June. Due to the high demand, the average price of domestic air tickets has further increased, reaching 1032 yuan, and the 100 yuan route in Southeast Asia is still sufficient.
Jay Chou's concert in Haikou earns three times the tourism revenue compared to the Dragon Boat Festival
The just concluded Jay Chou 2023 Carnival World Tour Haikou Station attracted 154600 visitors in just four days, achieving a tourism revenue of 976 million yuan. The figure of 976 million yuan is three times the tourism revenue during the Haikou Dragon Boat Festival holiday, and even about 100 million yuan higher than the tourism revenue during the May Day holiday. Concerts and music festivals have skyrocketed in popularity, with outstanding effects in driving consumption. Cross city performances have become the main consumption trend for large-scale concerts and music festivals. Among the audience of well-known singers such as Mayday, Ren Xianqi, and Liu Ruoying at their Beijing concerts, the proportion of cross city performances exceeded 40%. The cross city ticket purchase for Jay Chou's Hohhot concert, which was launched in the first quarter, exceeded 70%, highlighting the driving effect of such performances on cultural and tourism consumption.
The National Performance Market Briefing for the First Half of 2023 released by the China Performance Industry Association on the 6th shows that in the first half of 2023, there were 193300 commercial performances nationwide, a year-on-year increase of 400.86%; The box office revenue of the performance was 16.793 billion yuan, a year-on-year increase of 673.49%; The number of viewers reached 62.2366 million, a year-on-year increase of over 10 times.
Promoting Automobile Consumption in Multiple Regions and Accelerating the "Going to the Countryside" of New Energy Vehicles
Promoting automobile consumption, the new energy vehicle market in rural areas is vast. Miao Changxing, a first level inspector at the Equipment Industry Department of the Ministry of Industry and Information Technology of China, previously publicly stated that in 2022, the sales of new energy vehicles in rural areas of China only accounted for 4% of the total sales of vehicles in rural areas, far below the overall industry level of 25.6%.
In mid June, multiple Chinese ministries launched the "2023 New Energy Vehicles Going to the Countryside" campaign in Huishan, Jiangsu, Qionghai, Hainan, and Jingmen, Hubei. The first batch of nearly 70 models went to the countryside. At the Qionghai venue, a total of 36 brands and 29 manufacturers participated in the exhibition, attracting a large number of rural consumers to watch and buy cars. Yan Wenze, Deputy Director of the Commerce Bureau of Qionghai City, Hainan Province, reminded that when new energy vehicles go to rural areas, they should consider the actual situation of population characteristics, terrain, and industrial distribution in different regions. Car companies should also meet the price expectations of rural consumers, and "best-selling models priced around 100000 yuan". The insufficient construction of charging infrastructure is currently an important bottleneck for new energy vehicles to drive towards rural areas. This year, the Ministry of Industry and Information Technology of China will organize power companies and charging station construction and operation enterprises to participate in rural activities, promote the construction of centralized public charging stations in a reasonable manner, and increase the proportion of private charging stations.
China has 95 million patients with depression. The first domestically produced innovative antidepressant drug has been approved
Depression is a common mental illness, and relevant data shows that there are approximately 350 million depression patients worldwide, with 95 million depression patients in China. At present, the treatment rate for depression in China is only 9.5%, far lower than that of developed countries in Europe and America. In clinical practice, medication is the main treatment for depression, but there are still unmet clinical needs.
According to Dingxiangyuan Insight data, a total of 22 innovative antidepressant drugs have been approved for marketing in China, of which 21 are imported products. Under the huge market size, major domestic pharmaceutical companies are also intensifying their research and development of innovative antidepressant drugs. In November 2022, Green Leaf Pharmaceutical's sustained-release tablets of Torudovin Lafaxine hydrochloride were approved for market, becoming the first domestically produced innovative antidepressant drug to be approved for market.
Another batch of banks lowering deposit interest rates! US dollar deposits and large certificates of deposit are also decreasing
Since July, some banks such as Jiangsu Bank and Xiamen International Bank have announced a reduction in deposit interest rates, with varying degrees of reduction and slight differences in regional branches of the same bank. It is reported that in May, Bohai Bank announced the adjustment of the RMB deposit listing interest rate. The listing interest rates for 1-year, 2-year, 3-year, and 5-year fixed deposits are 1.85%, 2.4%, 2.95%, and 2.95%, respectively; In June, the bank announced another reduction in listing rates, a 10 basis point reduction in 2-year fixed deposits, and a 15 basis point reduction in both 3-year and 5-year terms.
Not only have fixed deposit interest rates been announced, but products such as large certificates of deposit, US dollar deposits, and increased lifetime life insurance, which are considered "high interest rates, have also announced interest rate cuts or signaled further interest rate cuts. The financial manager of a branch of Xiamen International Bank said that the current interest rate on large deposit certificates is only 5 basis points higher than that of fixed deposits. The interest rate on 3-year large deposit certificates is 3.55%, while the interest rate on 5-year large deposit certificates is 3.75%. The minimum purchase price is 200000 yuan. Currently, the 5-year deposit certificate has been fully booked and there is no limit available.
Industry insiders say that after multiple interest rate cuts, urban and rural commercial banks still have over 3% of their deposit products, which may become the main destination for residents to convert their deposits into fixed deposits. For example, the wealth management manager of Jiangsu Bank stated that after lowering interest rates, small and medium-sized banks still have relatively high interest rates, which are more attractive to investors. Recently, many people have also inquired whether they can go to the local area to apply for a card, etc.
