Real estate, pharmaceutical anti-corruption, ChatGPT... The latest perspectives from Wang Shi, Zhou Hongyi, Yu Minhong, and others are here! Real Estate | Shenzhen | ChatGPT

Release time:Apr 15, 2024 14:46 PM

On August 25th, 2023, the 19th Summer Summit of the Yabuli Forum opened in Shenzhen. "Focusing on the Great Bay Area, Promoting Development through Innovation - Building Chinese path to modernization Together" is the theme of this summit, and many celebrities have expressed brilliant views.

At the opening ceremony, Yu Minhong, Chairman of New Oriental Education Technology Group, who serves as the rotating chairman of the Yabuli China Entrepreneur Forum, delivered a heartfelt blessing for the upcoming 43rd birthday of Shenzhen Special Economic Zone in his opening speech. He also talked about his ideal Shenzhen: "Shenzhen is a symbol of moving towards the future."

In addition, including Wang Shi, founder and honorary chairman of the board of directors of Vanke Group, Yin Ye, CEO of Huada Group, Liu Qingfeng, chairman of iFlytek, Zhou Hongyi, chairman of 360 Group, and Mao Zhenhua, founder and chairman of China Chengxin Group, all expressed their views at the summit.

Yu Minhong on Shenzhen

Regarding Shenzhen, Yu Minhong, the rotating chairman of Yabuli Forum and chairman of New Oriental Education Technology Group, gave his own insights.

"Shenzhen is a beacon of reform and opening up, as well as a fertile ground for the development of private enterprises." In Yu Minhong's view, Shenzhen has the soil for the development of private enterprises, which is closely related to the Shenzhen government's determination to serve private enterprises. "This posture makes us feel that when we come to Shenzhen for development, our hearts are always filled with a sense of security." Yu Minhong said, "In the future economic development, private enterprises will be the most indispensable and important component of China's development."

Yu Minhong also stated that Shenzhen is a model of combining capital and industry. Yu Minhong said, "We all know that industrial development is very important for the country, but there is no doubt that helping industrial development also requires the support of the capital market." In Yu Minhong's view, Shenzhen can be called a model because it has the Shenzhen Stock Exchange, which has been operating for decades, helping a large number of companies go public and develop. In addition, Shenzhen is a model for moving towards the international forefront. Yu Minhong said that going international is not only because Shenzhen has Hong Kong on its border, but also because Shenzhen was the first to open up to the international community and absorbed various types of capital to build Shenzhen's development. Finally, in Yu Minhong's view, Shenzhen is a demonstration or experimental place for institutional innovation.

Yu Minhong also calls on entrepreneurs to uphold five attitudes in their future development: first, to uphold an open attitude of the enterprise. Secondly, we uphold the attitude of relying on our own development and daring to make breakthroughs for private enterprises. Thirdly, we need to learn to utilize various resources, whether it is capital, industry, or cooperation. Fourthly, learn to adopt an attitude towards international cooperation. Fifthly, learn how to innovate systems within the enterprise itself and when cooperating with the government.

Wang Shi: Real estate, as a pillar industry of the economy, will not change

Wang Shi, founder and honorary chairman of the board of directors of Vanke Group and chairman of Vanke Public Welfare Foundation, also attended the summit.

In recent years, the real estate market has undergone many changes, and optimization measures for regulatory policies have also been intensively introduced recently. So. How to view the decline of real estate? Is there still a time for real estate to rise? Wang Shi stated that the real estate industry is undergoing cyclical adjustments, but it will not "die". "The real estate industry will certainly rise again, and any industry has a cycle," Wang Shi responded.

Wang Shi first talked about two sets of data in the real estate industry. One is about the per capita living area. At the beginning of the reform and opening up, the per capita living area was about 5 square meters, but now the median is about 40 square meters, which can be said to solve the basic housing problem. After reaching its peak, it will decrease. The second is about the proportion of commercial housing. At present, the proportion of commercial housing has reached 80%, which is unprecedented in the world. In the future, structural adjustments will definitely change, and the adjustment of enterprises focused on the development of commercial housing will be very significant.

Wang Shi stated that the real estate industry will definitely undergo structural adjustments in the future. As for the ratio of commercial housing to other housing, it is currently uncertain. However, it is certain that this ratio will determine how the real estate industry will turn in the future, and current developers will also adjust and shuffle their cards. "It's not an exaggeration to call it thunderous or dark clouds." Wang Shi said that the industry will exist, but the adjustment of enterprises will be very significant. "The adjustment cycle of the real estate industry has not been fully completed yet, and we need to continue to see. The real estate industry is a pillar industry for China and the world, and the industry itself will not change. It is normal for these enterprises to rise and fall."

When it comes to Hong Kong, Wang Shi said that many developers in Hong Kong are benchmarks for Vanke to learn from, including property management, which is learning from Hong Kong's experience. Studying Hong Kong is not outdated at all, especially in terms of internationalization and corporate overseas expansion. We need to leverage Hong Kong's experience and capabilities, including its business and mature government organizations.

Mao Zhenhua, Founder and Chairman of China Chengxin Group: Hong Kong still holds great value

Recently, due to the popularity of cross city consumption, "Shenzhen Hong Kong integration" has also become a hot search term. As the core cities of the Greater Bay Area, the future alignment between Shenzhen and Hong Kong is also a focus of concern for many people.

Mao Zhenhua, professor of economics at the School of Economics and Management of the University of Hong Kong, member of the expert group of the Chief Executive Policy Group of the Hong Kong Special Administrative Region Government, and founder and chairman of China Integrity Group, said that Hong Kong has encountered some special difficulties in the past few years, but Hong Kong is still Hong Kong, still a valuable Hong Kong, or even a more valuable Hong Kong. In Mao Zhenhua's view, Hong Kong has the ability to play an important role in both technology and education. Hong Kong education has a unique structure that can cultivate international talents.

Mao Zhenhua believes that in development, Shenzhen and Hong Kong each have their own advantages, with their own division of labor and scientific layout. For example, Hong Kong has more cutting-edge scientific and technological research and development, Shenzhen has further in-depth development and application, and directly connects with the vast market in mainland China. For these two cities, it is a win-win situation.

Zhou Hongyi: Pulling the Big Model Down from the Altar

Zhou Hongyi, founder of 360 Group, mentioned in his speech that the path of OpenAI may not be entirely suitable for the development of enterprises. If enterprises really use ChatGPT of OpenAI, they will find that it has many problems.

Zhou Hongyi stated that under the premise of industrial digitization, large models will not become operating systems. The development path of large models is closer to computers, and even in the future, every household, enterprise, and car will have a large model.

Zhou Hongyi stated that in the context of industrial digitization strategy, the future opportunities for artificial intelligence big models are in the enterprise level incremental market. The key to pulling big models down from the pedestal is to develop "vertical" big models. Summarized as industry deepening, enterprise personalization, capability specialization, scale miniaturization, deployment distribution, and ownership privatization. "At present, China is already in a 'hundred model war', and in the future, there may be a 'ten thousand model group dance'. If enterprises train their own small-scale large models, when large models are everywhere, it will create many opportunities for industrial innovation."

Zhou Hongyi believes that the "verticalization" of big models is not just about "Xiaomi adding rifles". It contains huge opportunities for industrial digitization and will become another breakthrough path for China in the global competition of big model technology.

IFlytek Liu Qingfeng: Benchmarking GPT4 in the first half of next year

Liu Qingfeng, founder and chairman of iFLYTEK, attended a forum discussing computing power issues and stated that on August 15th this year, iFLYTEK announced the joint launch of the iFLYTEK Spark all-in-one machine with Huawei. The Starfire all-in-one machine is based on Huawei's Shengteng AI hardware and Shengsi AI open-source framework, providing large model training and inference capabilities, and providing an independent innovation computing power base for the full process innovation of large models.

Liu Qingfeng stated that this year iFlytek has set a goal. By October 24th of this year, iFlytek will release a universal model, fully benchmarking against ChatGPT, and achieving comprehensive surpassing in Chinese and English. "To be honest, we still have a gap with it today, but we are very clear that we can catch up in October and benchmark against GPT4 in the first half of next year."

Yin Ye from Huada Group Talks about Medical Anti Corruption: The Industry Should Return to the Essence of Medicine

"Will medical anti-corruption become a turning point in the industry's development cycle?" At the summit, in response to the host's "sharp" question, Yin Ye, CEO of Huada Group, cleverly replied: in the long run, we still need to return to the essence of medicine.

"For us, the biggest failure is not the lack of technology, but the inability of everyone to afford it," said Yin Ye. Various types of precision medicine are coming one after another, but it has brought about the problems of "not being able to afford" and "not being able to use". If the development of life sciences is to make life unequal, then it is better not to do it, and medicine should return to public welfare. Yin Ye believes that one of the essence of medicine lies in psychological communication, making medicine more universal and accessible. The next generation of medical professionals should shift their focus from treatment to prevention, and then to health.

"Humans are particularly prone to overestimating the near term and underestimating the long term. At the peak, they can witness hypocritical users, but only during the low point can they witness devout believers." Yin Ye said that the world will belong to those who live well and live long, and everyone should keep moving forward with their healthy and average life expectancy.

Two women were stabbed to death and reported to have committed a crime 4 days before the follow-up visit for schizophrenia. Suspect of a bloody murder case in a Hong Kong shopping mall appeared in court today. Male | Last Friday | Murder case

According to Hong Kong's Wen Wei Po, a bloody knife stabbing case occurred at Hollywood Square in Diamond Hill last Friday. The police arrested a 39 year old man on suspicion of stabbing two young women, one of whom was stabbed over 30 times. The suspect appeared in the Kwun Tong Magistrates Court this morning. The police at the Kwun Tong Magistrate's Court temporarily charged the suspect with two counts of murder last Sunday. The suspect appeared in court this morning at the Kwun Tong Magistrate's Court. Acting Chief Magistrate Zheng Jihang, after listening to the opinions of both the prosecution and defense, decided to postpone the hearing for two weeks until 9:30 am on June 19th, waiting for two psychiatric expert reports to be obtained. The defense did not object. Zheng Jihang approved the application, and the defendant needs to be temporarily detained at Xiaolan Mental Hospital. When the suspect appeared in court, he wore black framed glasses, a light gray shirt, and camouflage green shorts, and was able to answer the judge's questions normally. accordingly

Currently, the highly anticipated summer harvest work in Henan has shifted its focus to the northern region of Henan. According to the Henan Daily client, on June 4th, Lou Yangsheng, Secretary of the Henan Provincial Party Committee, presided over a special video scheduling meeting on the "Three Summers" work in the province, listened to the situation report, analyzed and judged the situation, and arranged and deployed the next steps of work. Governor Wang Kai made specific arrangements. On the evening of May 31, 2023, in Xiafutou Village, Xuliang Town, Boai County, Jiaozuo, Henan Province, villagers braved light rain in the wheat fields to harvest wheat. Visual China Map Lou Yangsheng pointed out that the current summer harvest battle in the province has entered the decisive stage. Doing a good job in summer harvest in northern Henan Province is related to the summer grain yield and seed safety. We should focus on seizing opportunities and make every effort to organize the wheat harvesting work in the northern Henan region, minimize losses, and protect the interests of farmers to the greatest extent possible. Accurate forecasting is essential

Xinhua All Media+| Welcome home! What innovative technologies are protecting the return journey of Shenzhou 15? Spaceship | Shenzhou | Technology

On June 4th, the return capsule of the Shenzhou-15 manned spacecraft successfully landed at the Dongfeng landing site. Astronauts Fei Junlong, Deng Qingming, and Zhang Lu all safely and smoothly exited the spacecraft, and the Shenzhou-15 manned flight mission was a complete success. What innovative technologies are there to safeguard the return journey of Shenzhou 15 in this mission? On June 4th, the return capsule of the Shenzhou-15 manned spacecraft successfully landed at the Dongfeng landing site. Xinhua News Agency reporter Lian Zhen photographed that "the sky and the ground" ensure the high-precision return of spacecraft. For the Shenzhou series spacecraft, the return and re-entry GNC technology is directly related to the life safety of astronauts. Taking the success of this return mission as a symbol, China has comprehensively upgraded its GNC system since the Shenzhou-12 manned spacecraft, which features autonomous rapid rendezvous and docking, autonomous adaptive prediction and re-entry return guidance, and has completed a comprehensive update and replacement

The Chinese naval fleet has arrived! Assembly | Navy | Chinese Fleet

At noon today, a Chinese naval fleet consisting of Zhanjiang and Xuchang ships arrived at the assembly area of the "Comodo-2023" multinational maritime joint exercise. It is understood that the assembly anchorage for this exercise is 3 nautical miles long and 1.5 nautical miles wide, capable of anchoring up to 50 ships. Naval vessels from various countries participating in the exercise will also arrive at the anchorage today to complete the assembly of the "Komodo 2023" multinational maritime joint exercise, which is held every two years by the Indonesian Navy. This year is already the fourth edition of the exercise. The exercise will be held from June 5th to 8th in the city of Jakarta, South Sulawesi Province, Indonesia, including the port and sea phases. In the coming days, participating navies from various countries will participate in ship reading style search and rescue exercises, maritime interception and damage management exercises, aerial exercises, and other course objectives exercises

New comment: Donkey like "morale" limit pulls US debt "bomb" fuse hard to dismantle US | debt | morale

On the evening of June 1st, the US Senate passed a bill on the federal government's debt ceiling and budget, and the flame of the US debt bomb was temporarily extinguished at the last moment. The two parties in the United States have staged an extreme tug of war over the US debt bomb. Some experts believe that the US debt crisis is the result of the reckless politics promoted by the US dollar hegemony, and the underlying cause of this crisis is the highly polarized political system of the US. Since the end of World War II, the US Congress has adjusted the debt ceiling more than a hundred times. The recurring debt crisis will not only have a catastrophic impact on the US economy and people's livelihoods, but also continuously erode the value of US dollar assets such as government credit and US bonds, bringing significant and far-reaching impacts to the global economic landscape. 【

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