Today's data selection: The decontamination cycle for new houses in Shenzhen still exceeds 17 months; infants infected with meningococcal meningitis can die within 24 hours
Shenzhen's "House Recognition but Not Loan" Full Moon: The sales cycle for new homes still exceeds 17 months, and the number of second-hand homes is increasing
Shenzhen’s new policy of “recognizing houses but not repaying loans” has been implemented for one month. Monitoring by the Le Youjia Research Center shows that the actual transactions in September have not been fully reflected in the online signing data. In September, 2,076 first-hand residences were sold online in the Shenzhen new home market, a 6% decrease from the previous month. At the end of September, the city's first-hand residential inventory area was 4.988 million square meters. However, as the transaction volume declined in late September, the first-hand residential sales cycle continued to rise, exceeding 17 months. In September, 2,400 second-hand residential units were transferred in Shenzhen, a slight decrease of 1% from the previous month. After the promulgation of the New Deal, the number of listings by owners has increased. Taking advantage of the active market, many owners who need improvement hope to sell their old houses as soon as possible in order to replace them with new properties.
China's demand for copper and oil is strong, and the new energy industry is the main driver
Driven by soaring solar-related demand, China's related copper demand has increased by 130% year-on-year so far this year. China's demand for major commodities is recovering rapidly, driven by a recovery in the new energy industry and transportation.
Recently, Goldman Sachs pointed out in a report that China's demand for many major commodities has actually been growing at a "robust rate." According to Goldman Sachs, China's demand for copper increased by 8% year-on-year, while demand for iron ore and oil increased by 7% and 6% respectively, exceeding the bank's full-year forecast. Goldman Sachs believes that China's green economy has shown "significant strength" so far. Data compiled by the bank show that China's new energy industry's demand for copper increased by 71% year-on-year in July, mainly due to the increase in photovoltaic installations.
A June report from GlobalEnergyMonitor showed that China's solar power generation capacity has reached 228GW, more than the rest of the world combined. China is on track to double its wind and solar power generation capacity, a full five years ahead of its 2030 target.
"National Day" Golden Week A-line Observation: Service consumption is hot, trendy games are many, holiday consumption hits new highs
On October 5, Meituan released the "National Day" Golden Week consumption data, which showed that the average daily consumption of service retail sales nationwide increased by 153% compared with the same period in 2019, ushering in the most prosperous "National Day" in five years, with Shanghai, Beijing, Chengdu, Chongqing and Shenzhen rank among the top five in the country in terms of consumption scale. Among them, the scale of national catering dine-in consumption increased by 254% compared with the same period in 2019.
Meituan data shows that Beijing, Shanghai, Nanjing, Xi'an, Chengdu, Chongqing, Wuhan, Changsha, Hangzhou, and Luoyang are among the top ten popular tourist cities in the country, and hotel orders in niche cities have the highest growth compared with 2019. "Reverse tourism" continues to be popular. On Meituan, the number of accommodation orders in Linzhi, Wanning, Shanwei, Lincang and other places has doubled. As mobility accelerates, from cross-city to cross-border travel, the travel radius is significantly broadened. Dianping players have left their dining, drinking, entertainment and travel experiences in 135 countries and regions around the world. The surging crowds in scenic spots and the constantly refreshing number reminders in restaurants have become the epitome of the hot holiday consumption. According to data from Meituan and Dianping, the third day of the holiday, October 1, reached the consumption peak during this year’s National Day Golden Week.
The "Taste Bud Tour" with eating as the core injects new vitality into the long vacation. More and more niche destinations are turning into tourist destinations due to their special delicacies, driving consumption growth across the entire chain. According to data from Meituan and Dianping, the number of dine-in orders contributed by non-local consumers in Shantou, Chaozhou, Taizhou, Weihai, Yangzhou and other places has increased by more than 500% compared with 2019. Shanwei, Chaozhou, Yanji, Liuzhou, Zibo and other places have Leisure and entertainment orders increased by more than 600%.
Citi: Raise China's GDP forecast, China's economy has hit bottom
Citigroup raised China's economic growth forecast for this year to 5% from the previous 4.7%, and some promising data helped to reach a consensus on China's ability to achieve official targets. Citi economists wrote in a note released on Wednesday that total consumer goods sales and industrial output are likely to improve, adding that China's The decline in exports is also likely to narrow. Economists led by Yu Xiangrong wrote that the cyclical bottom has arrived, and with policy momentum increasing, everyone is paying attention to whether organic demand will pick up.
Meningitis is an inflammation of the protective membrane on the surface of the brain and spinal cord. It has the characteristics of acute onset, rapid progression, and high mortality rate. Prevention and early identification and action are therefore crucial, and vaccination with safe and effective vaccines is the key to prevention. Usually, if you have fever, stiff neck, difficulty lowering your head, headache, nausea, vomiting, restlessness, mental disorder, or abnormal behavior, you should pay attention. In order to popularize common knowledge about encephalitis and meningitis and make more people understand and pay attention to this disease, the Meningitis Organization Alliance has changed World Meningitis Day from April 24 to October 5 in 2022.
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