Economics

The yellow peach season has arrived in Wufang Village, Fengxian in 2023. Fresh and sweet golden peaches, as well as derived specialty dishes, summer specialties, and limited desserts, take turns to make their debut. Zhang Ting, who frequently shouts on her social media, has been extremely busy lately. She is one of the returning young people from Wufang Village. Since Wufang Village was listed as one of the first demonstration villages for rural revitalization in Shanghai, Zhang Ting has witnessed firsthand the once ancient small village. Under the leadership of the operation team, Si Erteng, it has transformed into a peach blossom paradise in the southern suburbs of Shanghai, and even herself has become a participant in it. "After careful consideration, we can gather strength and soar." This is the meaning behind the name of Sirteng. It was born out of the Wufang Village project, from 5 startups to gathering hundreds of young people, developing from a single enterprise to having over 20 professional subsidiaries. The project covers 6 agricultural areas in Shanghai and radiates outward to the third year of the Yangtze River Delta

Urban operation management cannot be relaxed for a moment, and cannot be careless at all times. Currently, Shanghai is solidly promoting the special investigation and rectification of major accident hazards, and various districts and departments are increasing their supervision, inspection, and undercover investigations, while providing guidance and assistance and promoting the implementation of rectification. The Shanghai emergency management department exposed a batch of typical hidden dangers and illegal behaviors today, promoting regional departments to maintain a high-pressure situation and strictly supervise according to law, and promoting industry units to closely monitor emerging hidden dangers and implement rectification and governance. The pull node is the connection point between the scaffold and the wall, which is an important guarantee for construction safety. However, on June 26th of this year, law enforcement officers from the Safety and Quality Supervision Station under the Construction Management Committee of Chongming District found that a large number of pull points for the scaffolding of Building 12 in the "Shanghai Zhongying Commercial Management Co., Ltd. Old Factory Decoration and Renovation Project" were missing, which was determined to be significant

A thousand years ago, the Inca people drove a convoy of alpacas to establish a unique Inca civilization between the Andes. Nowadays, the "divine beast" alpaca is not only a cute and occasionally spitting pet for the public, but also a "wealth creation classic" for countries where alpaca hair is produced. Alpaca wool fiber is soft, tough, and warm. In just a few years, it has transformed from a niche fiber raw material to a well-known high-quality fiber material, highly sought after by the consumer market, and is truly the "walking gold". The story of "Little Camel" stepping out of the "mountains", crossing the "Pacific", and entering the global market should start from the CIIE. The Pacific Alpaca will bring the camel art piece "Panda and Its Friends", which symbolizes friendship and friendliness, to participate in the 6th China International Import Expo. A picture leading to the Chinese market will be presented

Recently, in the "Chinese children's clothing capital" of Huzhou Zhili, there have been more foreign figures. This makes local bosses feel emotional - back in the day, everyone went abroad to "learn art", but now it's the opposite. In the context of domestic and international dual circulation, many businesses like Zhili are actively expanding new growth points, and they are all turning their attention to overseas markets to expand their business globally. And Shanghai has become a place that many businesses cannot avoid. Throughout the year, it is the peak season from "buying all over the world" to "selling to the world", and Zhili is a microcosm of the high-quality development of domestic e-commerce. But perhaps only the merchants themselves know how difficult it is behind this. "I have never been in contact with overseas markets before. What are the differences in size, style, and standards? How can logistics and warehousing be resolved? How should cross-border e-commerce operate?" This was once a local question

Installing elevators in existing multi story residential buildings is a popular project in Shanghai. As the speed of elevator construction continues to accelerate, there are also emerging elevator construction units, with varying quality and progress, which inevitably worries residents. The reporter from Jiefang Daily's Shangguan News learned today from the Shanghai Housing Management Bureau that in response to the above issues, the Shanghai Housing and Urban Rural Development Commission and the Shanghai Housing Management Bureau have issued a notice on August 1 to further strengthen the management of elevator installation agencies for existing multi story residential buildings. Establish a primary responsibility system through the self commitment of the construction agency, introduce a "blacklist" system and a mechanism for eliminating the last place. The Notice clearly states that the construction agency, as a professional management unit entrusted by the owner of the elevator building, is primarily responsible for the safety and quality of the elevator construction project. The construction agency should possess engineering consulting and credit

In order to welcome the 19th Asian Games in Hangzhou, further promote the deep integration and high-quality development of Keqiao culture and tourism, enhance the influence of the "Old Shaoxing Jinkeqiao" city brand, accelerate the integration of Hangzhou and Shanghai, and attract Shanghai citizens and tourists to visit Keqiao. The "Join hands with the Asian Games to enjoy the ancient Yue spirit" 2023 Old Shaoxing Jinkeqiao Cultural and Tourism Promotion Conference was recently held in Shanghai. Keqiao District is an overlapping area of the Tang Poetry Road and the Canal Poetry Road in eastern Zhejiang, integrating four major cultures: poetry and painting, landscape, Buddhism and Taoism, and celebrities. Countless poets have left their poems here, making it the core area of the Tang Poetry Road in eastern Zhejiang. Enjoying the beautiful scenery of Keqiao, drinking rice wine, wearing a Han suit, and experiencing the winding and flowing wine cups... The tourism line of China-Chic in the Tang Dynasty connects Keyan, Jianhu, Lu Town, Yellow Wine Town, Lanting Scenic Spot, Yunmen Temple and other scenic spots

Recently, A-shares have experienced a temporary rebound driven by policies, but how long will this rebound last? How to deal with volatile market conditions? "We should focus on major directions and ignore small rhythms." CITIC Securities has always believed that it is currently the third long window period of the year. During this window period, the overall direction is to continuously strengthen policies, improve the economy, and restore profits; The speed of policy implementation, market expectation fluctuations, and sector rotation trading are all at a low pace. On the one hand, from a general perspective, policies in the second half of the year will continue to focus on expanding domestic demand, boosting confidence, and preventing risks. Driven by policy intensification and price factors, the trend of the economy continuously improving is clear, and the turning point of profits for listed companies is approaching. The business situation is expected to continue to recover. On the other hand, from a small perspective, the pace and intensity of policy implementation in different fields and regions vary

On August 8th, the organizing committee of the Bund Conference announced that the world's top fintech conference, "2023 inclusion · Bund Conference," will be held at the Shanghai World Expo from September 7th to September 9th, 2023. The conference will have 1 main forum, 36 insights forums, 8000 square meter technology exhibition, and 3000 square meter green market. Visitors can enjoy a comprehensive cutting-edge technology experience by listening, browsing, and playing along the Huangpu River. It is reported that "Technology · Creating a Sustainable Future" is the theme of this year's Bund Conference. Around this theme, the main forum of the conference will invite heavyweight guests from domestic and foreign technology and humanities to share key technological trends and industrial practice achievements under the pulse of the times. 36 insights forums will gather over 500 influential technology leaders and experts from around the world, focusing on

At present, Shanghai is accelerating the construction of a strong transportation city with "people's satisfaction, strong security, and world-leading", building a future-oriented high-quality integrated transportation, and actively exploring the improvement of the service level of the Shanghai International Shipping Center and the transformation of green and intelligent transportation. Achieve breakthroughs and leadership in the field. When new models and technologies continue to emerge, the key element of talent faces some blocking points that need to be opened up. Since the launch of the theme education, the Municipal Transportation Commission has carried out investigations and studies in various industries such as rail transit, shipping, facility maintenance and operation with the theme of "industry-oriented talent work innovation and development. "We must be a good matchmaker, further connect the government, enterprises, universities and other resources, open new games for the industry's talent work, solve problems, and make practical moves, and strive to promote the implementation of the'transportation power' strategy." Municipal Transportation Commission

The transformation of Shanghai long-distance passenger stations has taken an important step forward. Today, the long-distance passenger terminal Shanghai Qidong customized service line started trial operation, which is also the first cross provincial customized service line in Shanghai with the qualification of inter provincial passenger service line. The Shanghai Qidong customized route launched this time is a branded route of the long-distance passenger terminal. Hu Haisong, assistant to the Shanghai long-distance terminal station manager, told reporters that the biggest difference between the customized route and the previous inter provincial passenger transport route is that it is no longer a point-to-point mode and has added pick-up and drop off points midway. The route implements real name ticket sales and inspection. Passengers need to cooperate with the driver to conduct on-site security checks on their carry on luggage when boarding the train. After carrying valid identification documents, they should cooperate with the driver to conduct real name ticket inspection. In addition to the main station, we have temporarily added 2 pick-up and drop off points each in Shanghai. This may vary depending on operational conditions in the future

"There are only a few sweet Fengxian yellow peaches left!" "Cangqiao crystal pears are on the market, especially refreshing!" "Authentic Malu grapes, come and try them!" On the morning of August 8th, in the Daning Park of Jing'an District, there was a "fireworks atmosphere". Aunties and uncles who came to exercise early discovered that there was a long fruit market in the park, and seasonal fruits were in a "competition", waiting for consumers to "review". From now until August 31st, the 2023 "Anxin Supply and Marketing Market" high-quality fruit exhibition and sales event, jointly organized by the Pengpu Town People's Government of Jing'an District, the Pudong New Area Supply and Marketing Cooperative Union, and Shanghai Fruit Co., Ltd., under the guidance of the Shanghai Supply and Marketing Cooperative Society, will be held in Daning Park, Jing'an District. From various agricultural areas in the city, including Dafeng District in Yancheng, Binhai County, Funing County in Jiangsu Province, and Jiashan County in Jiaxing, Zhejiang Province

The taste is like ice cream with preserved cantaloupe, juicy and delicious dinosaur eggs, and sweet sesame oil peaches... The fresh and sweet taste of Kashgar is fragrant and fragrant. On August 8th, the "2023 Shanghai Xinjiang Consumer Assistance -3rd Kashgar Fruit and Dried Fruit Festival" opened in Hongdian City, Minhang, Shanghai. At the opening ceremony of the 3rd Kashgar Fruit and Dried Fruit Festival in 2023, a group of ethnic minority actors sang and danced. This year's Kashgar Fruit and Dried Fruit Festival in Xinjiang is guided by the Shanghai Municipal Commission of Commerce and the Shanghai Cooperation and Exchange Office. It is jointly organized by the Kashgar Regional Administrative Office, the Shanghai Municipal Front Command for Supporting Xinjiang Work, the Shanghai Municipal People's Government Office in Xinjiang, and the Minhang District People's Government of Shanghai. The Shanghai Zepu Branch Command and Hema Co., Ltd. jointly undertake the event. This event specifically invites people from

The rainstorm and flood disaster in Northeast China caused serious disaster in Wuchang City, an important commodity grain base in Heilongjiang Province, which made some people in Shanghai worry about whether their jobs could be "held fast" next? The Shanghai Municipal Food and Materials Reserve Bureau said that at present, the rainstorm and flood disasters in the northeast have no impact on the supply of food in Shanghai, but they will pay close attention to it and strengthen market monitoring in the future. According to reporters, Guangming Agricultural Development Group, the "bottom plate" of Shanghai's food supply guarantee, currently has a good grain production situation and stable rice production capacity in its subsidiaries Shanghai Chongming, Jiangsu Dafeng, Anhui Chaohu, and Northeast Hulin bases. Due to the minor impact of the typhoon, the National Day rice Songzaoxiang 1 at Chongming Base has reached its full panicle stage, while most conventional rice has entered or gradually entered the jointing and long panicle stage. It is expected that the fresh National Day rice produced by the local government will be available for sale in mid to late September, meeting the needs of the city and the Republic of China

According to monitoring data from multiple real estate brokerage firms, the transaction volume of second-hand houses in Shanghai in July was 12600 units, which remained unchanged compared to the previous month and showed a relatively flat performance. From specific data, the transaction volume of second-hand houses in the city decreased by 37% year-on-year in July; The average transaction price is about 39697 yuan per square meter, a decrease of 3% month on month and a year-on-year increase of 1%. In the first seven months of this year, the number of second-hand housing transactions in the city was 108000, a year-on-year increase of 41%, with an average transaction price of 40080 yuan per square meter, a year-on-year increase of 4%. July is the traditional off-season for real estate trading, but there is a slight upturn at the end of the month, becoming a trading highlight. According to Lianjia data, in the last week of July, there was a significant increase in both the viewing and transaction volume of second-hand houses in the city, with the number of completed units increasing by nearly 20% month on month. Late month recovery, Shanghai Lianjia Research

21.6 tons of black diamond pineapples departed from the Philippines and arrived at the Waigaoqiao Port in Shanghai yesterday after a 4-day voyage. After completing customs inspections such as cargo certificate verification, packaging inspection, and sampling inspection of harmful organisms at the newly approved designated supervision site for imported fruits, they were quickly cleared and released for sale. Since the General Administration of Customs approved the establishment of a designated supervision site for imported fruits in the Waigaoqiao Port Area of Shanghai Port in February this year, in order to achieve efficient customs clearance speed, various fruits such as Vietnamese dragon fruit, Thai grapefruit, Australian fresh orange, Philippine black diamond pineapple, and banana have been competing to enter from the Waigaoqiao Port Area. The Waigaoqiao Customs has cumulatively supervised 458000 tons of imported fruits. Jianong Food Holdings Co., Ltd. began importing fruits in 2011, and the bananas and pineapples imported from Southeast Asia by Jianong account for the entire market

The problem of losing contact as soon as entering the underground garage has been a pressing concern among Shanghai residents in recent years. When making a phone call in an emergency situation in an underground garage, a lack of signal from the phone can pose a safety hazard. Meanwhile, with the popularization of intelligent connected vehicles, the lack of signal in underground garages will seriously affect the use of in vehicle applications and intelligent charging stations. In February of this year, Shanghai began implementing a special project for mobile communication coverage of underground parking lots in residential communities. As of now, 2251 residential communities have started construction, of which 1118 have been completed. A total of 4 towns in Pudong New Area, Nanmatou Road Street, Putuo District Yichuan Road Street, Baoshan District Songnan Town, and Wusong Street have achieved full coverage of underground parking lot signals in residential communities within their jurisdiction. Zhang Ying, Deputy Director of the Municipal Commission of Economy and Information Technology, introduced that this special project is jointly carried out by the Municipal Commission of Economy and Information Technology, the Municipal Communication Management Bureau, and the Municipal Housing Management Bureau

Wandering aimlessly and encountering the vibrant vitality of the city, in recent years, city strolls have attracted many people to join. The Shanghai Municipal Bureau of Greening and Urban Appearance released the "One River, One River" Park version of the urban stroll guide today. After Shanghai accelerates the adjustment of the layout of riverbank functions and fully implements the renovation and upgrading of waterfront public spaces, what are the new destinations and highlights? In 2022, the Minhang section of the South Bund Park will undergo landscape improvement and renovation. The renovated South Bund Park connects four scenic areas, including Long Winds and Waves, Tidal Waves, Nanpu Returning Sails, and Historical Relics, fully showcasing the historical and cultural heritage of "Old Minhang". The Huangpu River Country Park is located in the south to west corner area of the Huangpu River, with a 5.3 kilometer waterfront. With the completion and opening of three bridges, namely Fengshou River, Yaojiabang, and Lianqun River, this section of the waterfront

Today marks the beginning of autumn, which means that the weather will gradually change from hot to cool, but the high temperatures in Shanghai will not end there. Generally speaking, during this solar term, there will still be about 4 days of high temperatures above 35 ℃ in Shencheng. Since the beginning of this year, there have only been 14 high temperature days in Shanghai, less than half of what happened at this time last year. One of the reasons is the impact of typhoons, where heavy rain and strong winds continue to suppress the temperature trend. How the temperature will behave during the beginning of autumn this year also depends on the typhoon's gaze. After all, during the beginning of autumn, the number of typhoons landing in China ranks second among the 24 solar terms. At present, the weather system on the ocean is complex, with two platforms dancing together. According to the forecast from the Central Weather Bureau, Typhoon Lanen, the 7th typhoon of this year, formed in the northwest Pacific Ocean this morning and is expected to gradually strengthen in intensity. Meanwhile, Typhoon No. 6, Kanu, is still at sea

Today, the first government guided urban customized inclusive family comprehensive insurance product in Shanghai, "Shanghai Home Insurance," was officially launched after a year and four months. "Hujiabao" is jointly developed and launched by five property and casualty insurance companies, including People's Insurance of China, Pacific Insurance, Taiping Insurance, China Life Insurance, and Bank of China Insurance, as the first batch of representatives to establish the "Hujiabao" Insurance Service Alliance. With the support and coordination of the Shanghai Insurance Industry Association, it is under the supervision of the Shanghai Regulatory Bureau of the State Administration of Finance. In March last year, the former China Banking and Insurance Regulatory Commission and the People's Bank of China jointly issued a notice on strengthening financial services for new citizens, proposing to "promote family property insurance, enhance the ability of new citizen families to resist property loss risks", and clearly listed "exploring the development of new urban and rural resident family property insurance" as a key regulatory work in 2022. Last June

Since being hit by floods for a week, the normal living order in Zhuozhou has gradually been restored, and the highly anticipated Zhongtu Network has also shown a glimmer of vitality. After Huang Ping, the founder of the website, launched his first Taobao live streaming sales promotion, the "fuel bag" worth 20 million yuan in just 4 days brought the possibility of self rescue to Zhongtu Network. However, even with the live streaming traffic pool, the "road to revival" of book e-commerce is still blocked and long. In the face of the flood, over 4 million books and 300 million QR codes in the "High Light Moment" were turned into nothing. In the live broadcast room of Taobao's "Zhongtu Bookstore", Huang Ping covered his face several times, "all setbacks cannot compare to the fatal blow of this flood." Compared to professional book e-commerce platforms such as Dangdang and Confucius, Zhongtu is very niche, and its popularity is generally limited to book enthusiasts. In 1998, Huang Ping founded Zhongtu Network, which was one of the earliest in China

On August 8th, the pre exhibition supply-demand coordination meeting for the automotive and technical equipment exhibition area of the 6th China International Import Expo was held at the National Convention and Exhibition Center. This event is the third large-scale pre exhibition supply and demand docking conference held at the 6th China International Import Expo, aiming to build a precise bridge for both supply and demand sides and explore business opportunities. It is an important means to promote on-site transactions at the exhibition. Peterson Materials is a German funded enterprise specializing in environmentally friendly and heavy-duty anti-corrosion materials. In order to meet the supply and demand, they brought material samples, color cards, and testing certificates to the site. "Because our materials can solve the pain points of existing industrial anti-corrosion, and the country is very encouraging environmentally friendly materials, the market demand has been relatively high in the past two years." The staff of Peterson Materials told reporters that many corresponding purchasers came to consult during their exhibition period. According to the organizer, this

On August 7th, domestic wafer foundry giant Huahong Semiconductor Co., Ltd. went public on the Science and Technology Innovation Board, achieving a dual listing of "A+H". The opening price on the first day was 58.88 yuan per share, and as of the close of the second day of listing, it was at 53.39 yuan per share. The third largest Huahong Company in the history of the Science and Technology Innovation Board issued 407.75 million shares at a price of 52 yuan, with a P/E ratio of 34.71 times, and raised 21.203 billion yuan in funds. This has become the largest A-share IPO since 2023, and also the third largest IPO in the history of the Science and Technology Innovation Board after SMIC and BeiGene. According to public information, Huahong Semiconductor Co., Ltd. is located in Pudong New Area, Shanghai. Its main business is characteristic process wafer foundry, providing embedded/independent non-volatile memory, power devices, and simulations

After studying and working abroad for more than 20 years, Dr. Guan Yimin decided to return to China in 2016 to start a business and establish a MEMS sensor design company. "But the chef lacks a kitchen," said Guan Yimin. The so-called "kitchen" refers to the factory that produces products for him. Whether or not to solve the "kitchen" problem is related to the success or failure of Guan Yimin's entrepreneurship, or more precisely, without a "kitchen", his entrepreneurship would be impossible to talk about. In the end, of course, this "kitchen" was there, and then there was the story that followed.This is a story of collaborative innovation between state-owned assets and private enterprises in Shanghai. The field of research on building a functional platform is called MEMS sensors, which is the application of integrated circuits

Since the beginning of this year, the direct participants in the RMB cross-border payment system have been growing rapidly, with 12 direct participants joining, bringing the total to 91. This number exceeds the increase in the number of direct participants throughout last year, with 1365 indirect participants. This network, spread from Shanghai, has covered 182 countries and regions worldwide, and countless capital factors come and go through this network. This important infrastructure of Shanghai's capital factor market has become a vivid portrayal of Shanghai's allocation of global resources. Not only infrastructure, but also in this gathering place of capital elements, the market, institutions, and products are constantly improving their capabilities, and the three key words are gradually becoming prominent. Keyword 1: Convenience is an active capital factor market, and the convenience of entry, investment, and trading is a necessary foundation.

Since the beginning of this year, the domestic hotel industry has experienced a recovery. According to a report from an authoritative data consulting company in the hotel industry, from January to June, the demand and prices of hotels in mainland China continued to rise, with a RevPAR index of 99, which is slightly lower than the same period in 2019; The average housing price index is 102, surpassing the same period in 2019. Recently, Jinjiang International, which ranks second in the world and first in China in terms of hotel scale, held its annual large-scale event "Jinjiang Tour", aiming to gather the strength of upstream and downstream industrial chains and cross-border partners, and boost the economy to start again. During the event, the reporter found that the domestic hotel industry, which has emerged from three years of setbacks, has shown a clear trend of "inclusion" and accelerated its ability to "weave". The Shanghai center of Hotel J, the hotel with the highest vertical height in the world, is also under Jinjiang. In terms of "inclusion", digital display shows that currently in China

"There aren't enough park seats," "the cycling experience is average," and "the camping area is too small." Since its opening on December 31, 2021, the North District of Shanghai World Expo Cultural Park has received about 2 million tourists, and many citizens have put forward improvement suggestions based on their gaming experience. By the end of this year, the completion of the entire World Expo Cultural Park is an important task for the park operation team of Shanghai Real Estate Group, which is to respond to public expectations, continuously optimize the comfort and satisfaction of tourists visiting the park, and create a "first-class park". In accordance with the requirements of the theme education, the relevant person in charge of Shanghai Real Estate Group Park led a team to conduct a research project with the theme of "effectively optimizing park operation and management service measures, improving park operation and management level", focusing on parking management, lawn tent construction management, and non mechanical management reflected by the operating citizens and tourists in the North District

Recently, the Ministry of Commerce announced the list of e-commerce demonstration enterprises, identifying 132 enterprises such as Taotian, JD.com, Pinduoduo, and NetEase as e-commerce demonstration enterprises. Among them, 13 Shanghai enterprises are on the list. From the list, it can be seen that the selected enterprises in Shanghai have a relatively wide industry distribution, covering consumer e-commerce, industrial e-commerce, fresh e-commerce, private platform and other fields, with rapid development momentum and forming unique industrial advantages. Among the selected enterprises, whether in terms of user scale or market value, Pinduoduo has become the second largest e-commerce platform in China. According to the "Top 500 Chinese Listed Enterprises by Market Value" list released by Wind in the first half of 2023, Pinduoduo's market value ranks first among Shanghai enterprises; OMY Cloud Commerce is one of the representative platforms of industrial e-commerce. Baosteel Group integrates the original resources related to iron and steel electronic trading, relying on the Internet and the Internet of Things

Yesterday, with the addition of three new megawatt level photovoltaic power stations, the total installed capacity of Shanghai Petrochemical Photovoltaic Power Station reached 16 megawatts, with an average annual power generation of about 18.86 million kilowatt hours. It can reduce carbon dioxide emissions by 10756 tons and save 5847 tons of standard coal, equivalent to planting 590000 trees. It is understood that according to the principle of "nearby grid connection, local consumption, low loss and high efficiency", the three photovoltaic power stations under centralized construction this time are the Nansuitang River Photovoltaic Power Station, the North Photovoltaic Power Station of the Carbon Fiber Business Unit, and the South Photovoltaic Power Station of the Carbon Fiber Business Unit. The effective area for laying photovoltaic modules is 90000 square meters, and the total installed capacity is 14.02 MW. Under the Shanghai Petrochemical seawall, there is a 2.7 kilometer long Nansuitang River, with clear water. The green tree belt on the Henan bank is lush, and the photovoltaic belt on the Hebei bank is sparkling, forming a crystal clear river

At 24:00 today, China's refined oil prices will experience a "four consecutive increases". Since July, international crude oil futures prices have risen continuously from around $70 to below the $80 per barrel mark, and Brent crude oil has also reached a high of $85. Affected by this, according to the National Development and Reform Commission, starting from 24:00 on August 9th, domestic gasoline and diesel prices will increase by 240 yuan and 230 yuan per ton, respectively. Based on a typical household car fuel tank capacity of 50L, filling up a tank of 92 octane gasoline will cost an additional 9.5 yuan. This price adjustment is the 16th adjustment of refined oil prices this year and the eighth increase within the year. After this price adjustment, this year's refined oil price adjustment has shown a pattern of "eight rises, six falls, and two stalls". According to the principle of ten working days, the next round of price adjustment window will open at 24:00 on August 23rd. Multiple factors on the supply and demand sides have jointly led to

Recently, it has been reported that all insurance products with a predetermined interest rate greater than 3.5% will be delisted after July 31st, and a new round of gear shifting for insurance products is beginning. The reporter called multiple insurance customer service representatives and learned that insurance products with a predetermined interest rate greater than 3.5% have indeed been fully taken down. China Pacific Insurance delisted life insurance with interest rates above 3.5% before August 1st, and as a supplement, launched multiple new life insurance with interest rates adjusted to 3%. China Life Insurance has recently taken down more than 20 products, and currently there are no products with a predetermined interest rate above 3.5%. There is no specific notice when new products will be launched. Recently, PICC has taken down 61 products with interest rates above 3.5%. On some insurance online platforms, it can be seen that the highest interest rate for insurance products has been lowered