Economics

The China International Industrial Expo is an important window for China's industrial sector to face the world. On the afternoon of September 21st, members of the "Foreigners Telling Stories" club visited some exhibition areas of the Industrial Expo and experienced the booming development of China's industry on site. At the 5G+remote control booth of Shanghai Unicom, the robotic arm is busy waving a spray gun, showcasing the application scenario of remote collaborative painting of aircraft components in the painting workshop through 5G technology. Shanghai Unicom staff introduced that in the production and manufacturing process, there are many hazardous scenarios such as hazardous chemicals, high temperatures, radiation, etc. Through the 5G ultra-low latency feature, robots can be remotely controlled in real-time to carry out high-risk construction operations, which not only ensures the safety and health of production personnel, but also improves the surface coating quality of parts. We are

On September 22, 2023, the North Bund International Shipping Forum will open in the World Reception Hall of the North Bund in Hongkou District. Officials, scholars, institutional leaders, and entrepreneurs in the field of domestic and international shipping have once again gathered in Shanghai to exchange ideas, share insights, and gather consensus, contributing wisdom to the new development of the global shipping industry. The Secretary General of the International Maritime Organization, Lin Jize, who once wrote a thank-you letter to Shanghai, will be present at the scene. He wants to see what new changes are happening in Shanghai, a city that has created a miracle in the construction of a shipping center. Lin Jize is not alone. This year, coming to Shanghai has become a common choice for almost all overseas guests. They are no longer satisfied with video connections across the ocean, and even if they are busy, they have to go to the scene to watch, hoping to have face-to-face communication. Perhaps this is the global influence of the North Bund International Shipping Forum

On September 21st, the large-scale hydrographic survey vessel "Haixun 08" of the Maritime Safety Administration of the Ministry of Transport was officially listed as part of the East China Sea Navigation Support Center of the Ministry of Transport in Shanghai. This marks the official launch of the largest, most advanced, and most comprehensive large-scale professional surveying ship in China's maritime system, opening a new chapter for maritime surveying and mapping forces to move towards far-reaching seas. The "Haixun 08" vessel is designed with an unlimited navigation area, with a length of 123.6 meters, a width of 21.2 meters, a depth of 9.3 meters, a draft of 5.8 meters, and a maximum speed of 16 knots. It can safely navigate under sea conditions of level 9, drift measurement under sea conditions of level 5, and walking measurement under sea conditions of level 4. It is the first domestic hydrographic measurement vessel to adopt the concept of tranquilization design. After being put into use, it can support the maritime department to achieve high-precision and high-resolution acquisition, processing, and mining

On September 21st, China's first comprehensive crew assessment demonstration project was officially launched in Shanghai. This project has 45 evaluation rooms in 3 major categories and 305 examination positions, with an overall scale and technical level reaching first-class in China. Among them, equipment such as 360 degree navigation simulators, automated engine rooms, 10000 container ship engine room simulators, and liquid cargo ship operation simulators have reached international advanced levels. Simulation scenarios can meet the needs of crew competency assessment, ensuring that crew members undergo examination and evaluation in "fully simulated" waters, ship types, and weather conditions. This further enhances the modernization and scientific level of crew examination and evaluation, ensuring the accuracy and authority of the evaluation work. The Shanghai Maritime Safety Administration introduced that after the project is put into operation, a comprehensive evaluation model will be adopted to evaluate the competency of crew members, fully leveraging the "baton" of crew exam evaluation

The reporter learned from the press conference of China International Maritime Exhibition that the 2023 International Maritime Exhibition will be held from December 5th to 8th this year at the Shanghai New International Expo Center. It is reported that this is the first exhibition of the International Maritime Exhibition to open a new chapter in the next 40 years. While building a comprehensive and multi-level communication and cooperation bridge and platform for the international maritime community, it also points out the direction for the future development of the international maritime industry. At the same time, from December 4th to 9th this year, the Pudong New Area Government of Shanghai will take the lead in hosting the first "Pudong Shipping Week", with the goal of creating an international, market-oriented, and professional industry event, providing a greater platform for the coordinated development of upstream and downstream enterprises, and jointly enhancing the ecological value of the industrial chain. The joint efforts of the two major activities will achieve mutual empowerment and support, resource accumulation and drainage, and jointly contribute to the shipping industry

The reporter learned from China Railway Shanghai Group Co., Ltd. that recently, the transportation plan for the National Day Golden Week of the Yangtze River Delta Railway was introduced, and it is expected to send over 37 million passengers during the transportation period. The person in charge of the Passenger Transport Department of the Shanghai Bureau Group introduced that this year's Mid Autumn Festival and National Day holidays overlap, and the transportation period of the Railway National Day Golden Week starts from September 27th and ends on October 8th, lasting for 12 days. Unlike previous years where the peak period usually occurs on the day before or on the day of the holiday, the peak passenger flow on the Yangtze River Delta railway during this year's Mid Autumn and National Day holiday is expected to occur on October 1st, with over 3.7 million passengers expected to be sent on that day, which is expected to set a new record for the group's daily passenger volume. During the Mid Autumn Festival and National Day holidays, the flow of family visits, tourism, and students in the Yangtze River Delta region is intertwined, resulting in a significant increase in the railway passenger transportation market. According to statistics, this year the country

In places without mobile communication network coverage such as deep mountains, dense forests, Gobi deserts, and vast oceans, how to maintain smooth communication with the outside world has always been a difficult problem that the communication industry is committed to solving in emergency times when natural disasters such as earthquakes, typhoons, and floods occur and cause mobile communication network interruptions. At the press conference of the "Digital Benefiting the People and Enjoying Beauty" Shanghai Telecom Beautiful Digital Festival held on September 22, Shanghai Telecom presented an honorary user certificate to the first mobile phone directly connected satellite service user in Shanghai, opening a new chapter for ordinary users to use Volkswagen smartphones for satellite calls. This is also the first successful application of consumer mobile phones directly connecting to satellites and conducting two-way voice calls and SMS sending and receiving among global operators, solving many difficulties for ordinary users in obtaining and using satellite communication. twenty

In order to effectively cultivate the habit of saving and create an atmosphere of shameful waste and pride in saving in the whole society, the reporter learned from the Shanghai Municipal Commission of Commerce on September 22 that the Work Plan on Developing Clean Your Plate Campaign in the Field of Social Catering Services formulated by the Shanghai Municipal Commission of Commerce in conjunction with the Shanghai Civilized Office, the Shanghai Municipal Bureau of Machinery Management and other relevant departments will be issued at the end of September. The plan focuses on business banquets, family banquets, buffets and catering takeout scenarios, improves the Clean Your Plate Campaign series management system and normative standard system in the catering industry, explores the establishment of Clean Your Plate Campaign reward mechanism for catering users, and carries out the creation of Clean Your Plate Campaign demonstration stores. Implement an evaluation and notification system for waste in government cafeterias. The Municipal Machinery Management Bureau is accelerating the establishment and implementation of a system for evaluating and reporting the effectiveness of anti food waste work in government agencies, and incorporating it into the assessment of energy and resource conservation in public institutions and the evaluation of energy-saving agencies

On September 22nd, despite the drizzling rain, it was difficult to dampen the enthusiasm of Chinese and foreign guests for the 2023 North Bund International Shipping Forum. Many international shipping organization leaders who could only be seen through videos in the past appeared at the forum. "Please take good care of me in the future." At the forum, Liu Yang, the chief representative of the China Office of the International Chamber of Shipping, shook hands with representatives from the Shanghai government, shipping institutions, and enterprises. Because this year, the Shanghai Representative Office of the International Chamber of Shipping was established, Shanghai will become another "home" for the International Chamber of Shipping. The headquarters of the International Chamber of Shipping is in London, and the traditional shipping market is dominated by Europe. However, the focus of the global shipping industry is gradually shifting eastward, and the Asian market, with China as the main body, has become the most important market. The International Chamber of Shipping previously established its first overseas office in Hong Kong, China

On September 21st, at the 30th anniversary celebration and academic seminar of the Shanghai Development Research Foundation, Yu Yongding, member of the Chinese Academy of Social Sciences and Chairman of the Academic Committee of the Shanghai Development Research Foundation, stated that China should change the structure of real estate investment and learn from Singapore's experience in housing investment and construction. He believes that it is impossible to say whether China's real estate is a foam at present. In about 13 years from the rapid rise of real estate prices to the bursting of the real estate foam, the real estate prices in the United States and Japan have quadrupled. "In the same period, China's real estate prices rose 1.6 times." At the same time, although manufacturing investment accounted for the highest proportion of fixed assets investment, the growth of the manufacturing industry in the past was largely affected by real estate investment and infrastructure investment, which should be changed

If we talk about the exhibition area with the greatest changes at this year's Industrial Expo, the Robot Exhibition Area will definitely be one of them. Counting the past industrial expos, the robot exhibition has grown from an exhibition to an independent exhibition, with a scale ranging from 5000 square meters to 10000 square meters, and then to 56000 square meters this year. The area is getting larger and the "value" is also getting higher. At the Industrial Expo, China's robotics industry has gone from being a "small lotus with sharp edges" to gradually overcoming multiple "bottleneck" research and development difficulties, achieving "overtaking on curves" in segmented fields, and demonstrating the true strength of "Made in China". Adding a spark to the industry in the vast robot exhibition area, collaborative robots are a new track actively laid out by major enterprises in recent years, and also an opportunity for domestic enterprises to overtake on curves. Collaborative robots refer to robots that can interact with people or work safely in the vicinity,

At 8:00 pm on September 23rd, the Hangzhou Asian Games will officially kick off. On the stage of this Asian Games, the competition is not only about the performance of athletes, but also the concentrated presentation of digital technology. At the beginning of preparing for the competition, the first person to start the race was technique. It is reported that the Hangzhou Asian Games will achieve 100% adoption of cloud computing in the core system of the Asian Games for the first time, and also support hundreds of millions of digital people to participate in the Asian Games torch lighting ceremony simultaneously. The comprehensive cloud deployment of the core system of the competition signifies that the end of each game marks the beginning of another "data war": the competition results will be imported from the venue's timing and scoring equipment into the venue's score system, collected to the central score system, and published in different modes such as printing and distribution, information dissemination, and data interface. The instantaneous influx, organization, and output of large-scale data can put pressure on traditional data centers

The ancient town of Jiangnan, with small bridges and flowing water, is filled with joy. Rows of red and colorful boats carrying newcomers wearing phoenix crowns and Xia Pei cross the water, attracting citizens and tourists to raise their phones and take pictures of the festive scene. Today, one of the major theme events of the 2023 Shanghai Tourism Festival, the "Wu Sui Yue Jiao" Fengjing Water Town Wedding Ceremony, resumed after two years of farewell. 20 couples from all over the country got married in the water town and made a solemn promise to spend their lives together. At 10 o'clock in the morning, a festive and joyful atmosphere filled every alley and water system in Fengjing Ancient Town. Twenty newlyweds from all over the country, dressed in traditional wedding attire, strolled through the streets lined with ancient buildings of the Ming and Qing dynasties, becoming beautiful scenery on the streets and alleys. Not long after, the new people arrived at the yacht pier. Ten red and colorful boats carried the new people, and they sailed into the city river from Nanzhen and Beizhen, respectively

This afternoon, the "2023 North Bund International Maritime Forum" and "2023 North Bund International Aviation Forum" were held in the World Reception Hall of the North Bund in Shanghai, and a batch of new achievements in the development of Shanghai's shipping industry were released. This year's North Bund International Maritime Forum, with the theme of "grasping changes, innovating business models, and linking for mutual benefit," aims to build an exchange and cooperation platform for all parties involved in the maritime industry chain to monitor industry development trends and discuss development plans for the maritime industry, injecting more new momentum into the world economic recovery. "After three years of the epidemic, the shipping market has returned to normal, but this normal is not the old normal of traditional concepts, but a new normal led by new changes, new formats, and new technologies." A guest attending the North Bund International Shipping Forum said. The multiple achievements released on the forum have opened up new formats and opportunities for people

Feldberg Beer is a famous German beer enterprise with a history of 160 years, and COFCO Mingzhuanghui is a global wine brand service provider that has just been established for 5 years in China. Since 2018, the two have formed a deep friendship through the CIIE platform, and thus began a beautiful story of "forgetting old friends". For the past 5 years, the CIIE has made the Chinese market a great opportunity for the world, and participating in the CIIE has become their annual agreement. Empowered by the spillover effects of the CIIE, Feldberg has gradually grown into one of the most popular imported beer brands in the Chinese market, and has driven its parent company TCB Group to become the second largest beer brewing group in Germany and one of the top 30 beer companies globally. The opportunity for shared development in Feldberg did not become popular overnight. The operation and management of alcoholic beverages

On September 22, the 2023 North Bund International Shipping Forum opened in the World Reception Hall of the North Bund, during which 11 important achievements made by Shanghai in the shipping industry over the past year were announced. Many of these achievements are related to China Unicom. Shanghai has established friendly port relationships with Singapore Port, Hamburg Port in Germany, Dunkirk Port in France, and signed memorandums of understanding on port and shipping cooperation, deepening the connections between ports. The International Chamber of Shipping established a representative office in Shanghai in August to connect Shanghai with the world and further strengthen exchanges and cooperation with the domestic shipping industry. The digital supply chain export management platform for the automotive industry launched by COSCO Shipping connects various links in the supply chain, providing digital, full process, and green supply chain solutions to help China's automotive industry connect globally. China Eastern Airlines

At around 10:00 am on the 22nd, with the command of the on-site drill commander, Sinopec Shanghai Petroleum began its "Welcoming the Asian Games and Ensuring Import Expo" drill. The contingency plan simulates an incident where a new energy vehicle enters the Fangdong refueling station located on Jiasong South Road to charge. The driver of the vehicle is ready to carry out intentional damage after getting off the vehicle, endangering the public safety of the refueling station and surrounding communities. He not only ignited the vehicle, but also attempted to harm people with a weapon in hand, and threw suspicious objects "wrapped" around the refueling pump island. The situation is extremely urgent. At the scene, a on duty training employee discovered that the "black clad man" was getting off the vehicle with a murder weapon. He immediately intervened and persuaded the "black clad man" to stabilize his emotions. The other two training employees held riot prevention steel forks inside the station to prevent him from approaching the personnel on site. The other employees immediately reported to the police and commanded refueling vehicles and personnel to evacuate safely, and entered and exited the refueling station

During this year's May Day holiday, Mr. and Mrs. Ma, who live in Minhang, did not leave Shanghai for tourism, but frequently shared stunning views on their social media. Encountering wild birds in lakes at any time, traversing wooden boardwalks in cedar forests, and small islands with a blend of Chinese and Western architecture... When friends asked for the names of scenic spots, they received a somewhat unfamiliar answer: Mianqing Park. The predecessor of this park was the Mianqing Ecological Park, which was newly built on the basis of the original forest belt in 2015. It was upgraded and opened at the end of last year, and is less than 2 kilometers away from the Disney Resort in a straight line. However, with its solid and beautiful scenery, it has become popular. The influx of tourists during the May Day holiday is more than ten times that of normal days. In the near future, more citizens will reap the same surprises as Mr. and Mrs. Ma. Shanghai is promoting the construction of the ecological park belt around the city, including the outer green belt and surrounding areas

As a new mode of transportation outside the subway and within the high-speed rail, the construction of Shanghai's urban railway is in full swing. In recent years, Shanghai has successively started construction of projects such as airport connecting lines, Jiamin lines, Nanhui branch lines, and demonstration zone lines. The construction of the first underground parking lot for urban railways in China and a batch of application projects such as the "super brain" of urban railways are also being continuously promoted. As a new phenomenon, the construction and operation of urban railways have always received considerable attention from the outside world. At the 2023 Urban Railway Development Conference held on September 22, Chen Wanggui, Executive Director of the Transportation Research Center of China Railway Shanghai Design Institute, revealed to reporters the details of the new models of Shanghai urban railways. Due to the demand for urban railway network formation and the consideration of future regional integrated operation coordination, it is expected that Shanghai and cities near Jiangsu, Zhejiang, and Shanghai will uniformly adopt urban railway C-type trains or both

This year marks the 100th anniversary of the establishment of Danish company Novo Nordisk, which holds special significance for the "Six Dynasties Patriarch" of this CIIE. From the 250 square meter booth and 9 innovative drugs at the first CIIE to the 800 square meter booth and 22 innovative drugs and injection devices at the fifth CIIE, in the eyes of Novo Nordisk, who has never been absent from the CIIE, "Clover" is the perfect platform for showcasing its global innovative achievements. The CIIE not only carries the expectations of global enterprises for the Chinese market, but also serves as an important platform for domestic and foreign enterprises and institutions to carry out economic and trade cooperation. "We attach great importance to the Chinese market and will continue to fulfill our long-term commitment of 'in China, for China; in China, for the world', continuously strengthening the layout and level of the industrial chain in China."

On September 22, 2023, at the 5th Bund Financial Summit, discussions continued to spread about how finance can support science and technology innovation and the real economy. Experts point out that the biggest problem for technological innovation is how to deal with the risks and uncertainties faced by innovation, and how to cross the "valley of death"; For the financial system, risk pricing and risk allocation are the most basic and important functions. It is precisely these that create a natural connection between finance and technological innovation, and provide a perfect reason for finance to support technological innovation. However, "insufficient risk identification ability, dysfunction in risk pricing and risk allocation are precisely the 'Achilles heel' of China's financial system, which has become the fundamental reason for insufficient financial support for technological innovation."