Today's data selection: Musk said Tesla will continue to cut prices; many provinces across the country have raised minimum wages

The total market value of 267 companies listed on the Yangtze River Delta Science and Technology Innovation Board exceeds 3 trillion

2023 marks the fifth anniversary of the integrated development of the Yangtze River Delta becoming a national strategy. Data show that as of September 15, there were 267 companies listed on the Science and Technology Innovation Board in the Yangtze River Delta, with a total market value of 3.04 trillion yuan, making it the region with the largest number of companies listed on the Science and Technology Innovation Board and the highest market value. Technological innovation drive is the core of the integrated high-quality development of the Yangtze River Delta. As an important engine of technological innovation, the financial field provides continuous impetus for the release of the value of various innovative achievements. However, private enterprises face some challenges in financing, including high financing thresholds, banks' tendency to lend to central and state-owned enterprises, and difficulties in private equity financing. Chen Lei, Vice President of the Suzhou Branch of the Bank of Shanghai, said that the branch actively responds to the financial needs of scientific and technological innovation enterprises in Suzhou and provides financial services required by enterprises at different stages of growth.

Many provinces across the country have raised their minimum wage standards, with the first-tier monthly salary in 16 provinces not less than 2,000 yuan.

Since this year, Hebei, Shanxi, Guizhou, Qinghai, Anhui, Shaanxi, Shanghai and other places have successively raised their minimum wage standards. Among them, the central province of Anhui will implement new minimum wage standards on March 1. There are four new monthly minimum wage standards, namely: 2,060 yuan, 1,930 yuan, 1,870 yuan, and 1,780 yuan. This is also the first time that the first monthly minimum wage in Anhui has exceeded 2,000 yuan. #NationalMinimum Wage Standard for Workers#

On the other hand, according to the Minimum Wage Regulations, different administrative regions within provinces, autonomous regions, and municipalities directly under the Central Government can have different minimum wage standards. Among the 31 provinces, the monthly minimum wage standard and hourly minimum wage standard are divided into four levels in 8 provinces, the minimum wage standard in 17 provinces is divided into three levels, the minimum wage standard in one province is divided into two levels, and the remaining 5 provinces have the lowest There is only one salary level.

Musk says Tesla will continue to cut prices, Tesla gross profit margin hits 4-year low

On October 19, Beijing time, Tesla’s third quarter 2023 financial report showed that Tesla’s revenue in the third quarter of this year was approximately US$23.4 billion, a year-on-year increase of 9%, which was lower than Wall Street’s expectations of US$24.3 billion, which was 3 The slowest growth rate in the year; net profit was US$1.853 billion, down 44% year-on-year.

It is worth noting that while Tesla’s revenue continues to grow, its gross profit margin continues to decline. The financial report shows that Tesla's gross profit margin fell further to 17.9% in the third quarter, down 0.3 percentage points from 18.2% in the second quarter, hitting a four-year low.

In the eyes of the outside world, Tesla's decline in profit margins is mainly affected by its large-scale price cuts this year. However, Tesla CEO Musk said he is willing to sacrifice profitability in exchange for sales. "We are willing to lower the price of electric vehicles again during 'turbulent times'. Although this will affect the company's gross profit margin, we are willing to sacrifice gross profit margin in exchange for sales growth." Musk once said publicly.

With an annual output of 47.5718 million tons, China’s apple production ranks first in the world

On October 19, the China Apple Industry Association released the "2022 China Apple Industry Report" in Zhaotong, Yunnan. The report shows that China's apple production will still rank first in the world in 2022, with annual output reaching 47.5718 million tons, accounting for more than half of the world. In the 2021/22 production season, world apple production reached 81.578 million tons, an increase of 965,000 tons year-on-year, an increase of 1.20%. The top countries and regions in terms of annual apple production are China, the European Union, the United States, Turkey, India and Iran. The apple production of these countries and regions accounts for more than 85% of the world's total production.

60% of the top 1,000 private companies investing in R&D in 2023 are "three high"

On October 19, the All-China Federation of Industry and Commerce released the "2023 Innovation Status Report of the Top 1,000 Private Enterprises Investing in R&D" in Changsha. The "Report" shows that among the shortlisted companies, a total of 601 companies are "three high" companies, an increase of 54 companies from the previous year. Among them, there are 594 high-tech enterprises, 91 gazelle enterprises, and 8 unicorn enterprises; in addition, 41 are national-level specialized, new, and small giant enterprises.

The "Report" shows that in 2022, the overall innovation power of the top 1,000 private enterprises in R&D investment will be enhanced, which is reflected in higher R&D investment levels, more emphasis on market-driven scientific research organization models, richer scientific and technological achievements, and more significant innovation performance.

Judging from the R&D expenditures, the R&D expenses and R&D intensity of the shortlisted companies continued to grow. In 2022, the total R&D expenses of the 1,000th ranked private enterprise will be 184 million yuan, an increase of 39 million yuan from the previous year's entry threshold. The total R&D expenditure of the shortlisted companies is 1.24 trillion yuan, accounting for 40.14% of the national R&D expenditure, accounting for 51.75% of the national enterprise R&D expenditure, a year-on-year increase of 14.37%; the average R&D intensity is 3.31%, which is 0.77 higher than the national R&D expenditure intensity. percentage points, a year-on-year increase of 0.16 percentage points.

From the perspective of regional distribution, the number of enterprises, R&D expenses, and R&D intensity in the eastern region are ahead of those in the central, western, and northeastern regions. Key regions play a significant role in innovation demonstration and leadership. The Yangtze River Delta region has the largest number of enterprises, while the six science and technology innovation centers of Beijing, Shanghai, Greater Bay Area, Chengdu-Chongqing, Wuhan, and Xi'an have the highest total R&D expenses and average R&D intensity.

From the perspective of industry distribution, information technology, equipment manufacturing and other industries pay more attention to core technology research and maintain high R&D intensity. Statistics show that in 2022, a total of 215 companies were shortlisted in the new generation information technology field, with a total R&D expenditure of 610.66 billion yuan, accounting for 49.4%; a total of 323 companies were shortlisted in the equipment manufacturing field, with a total R&D expenditure of 549.63 billion yuan, accounting for 4.45%. %.