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Room for Reserve Requirement Ratio Cut Remains, While Deposit and Loan Rate Decline Faces Multiple Constraints: Interpreting the Latest Signal of the PBOC's Monetary Policy
Room for Reserve Requirement Ratio Cut Remains, While Deposit and Loan Rate Decline Faces Multiple Constraints: Interpreting the Latest Signal of the PBOC's Monetary PolicyOn September 5th, the State Council Information Office held a press conference where Lu Lei, Deputy Governor of the People's Bank of China (PBOC), Li Hongyan, Deputy Director of the State Administration of Foreign Exchange (SAFE), and other relevant officials from the PBOC and SAFE attended to respond to the latest developments on hot topics such as monetary policy, the foreign exchange market, and digital RMB. This press conference provided an important window for the outside world to interpret the direction of China's monetary policy and conveyed a series of key signals...
Blockchain 2024-09-05 18:42:06 -
Steady Progress in Digital Yuan Application, Transaction Volume Reaches 7 Trillion Yuan
Steady Progress in Digital Yuan Application, Transaction Volume Reaches 7 Trillion YuanLu Lei, Deputy Governor of the People's Bank of China (PBOC), stated at a press conference on September 5th that the digital yuan's popularization and promotion are progressing smoothly. Currently, pilot programs are underway in 17 provinces, autonomous regions, and municipalities, with a cumulative transaction volume reaching 7 trillion yuan...
Blockchain 2024-09-05 18:40:51 -
Eight Thoughts on the Age of Large Models: Computing Power, Data, Applications, and the Future
Eight Thoughts on the Age of Large Models: Computing Power, Data, Applications, and the FutureAt the 2024 Bund Finance Summit, Xiangyang Shen, Chairman of the Board of Governors of the Hong Kong University of Science and Technology and Foreign Member of the National Academy of Engineering, shared his eight thoughts on the opportunities and challenges of the age of large models, revealing a new era filled with both promise and uncertainty.Thought One: Computing Power is the ThresholdShen pointed out that computing power is the bedrock of large model development, its importance undeniable...
Industry dynamics 2024-09-05 17:09:06 -
Qualcomm Snapdragon XPlus 8-Core Platform Debuts at IFA 2024: Performance and AI Capabilities Enhanced, Expanding Windows 11 AI+PC Market
Qualcomm Snapdragon XPlus 8-Core Platform Debuts at IFA 2024: Performance and AI Capabilities Enhanced, Expanding Windows 11 AI+PC MarketAhead of the upcoming IFA 2024 trade show, Qualcomm has officially announced the launch of its Snapdragon XPlus 8-core platform, further strengthening its Snapdragon X series product portfolio. This new platform will be implemented in Windows 11 AI+PC products priced between $700 and $900, signifying Qualcomm's expansion into a wider market with enhanced price competitiveness...
Mobile Internet 2024-09-05 17:00:20 -
Samsung's 200-megapixel ISOCELL HP9 Sensor to Power Xiaomi 15 Ultra, Enhancing Long-Range Photography!
Samsung's 200-megapixel ISOCELL HP9 Sensor to Power Xiaomi 15 Ultra, Enhancing Long-Range Photography!...
Mobile Internet 2024-09-05 16:26:07 -
Glory: Global Counterattack, Foldable Screens and AI Become Key
Glory: Global Counterattack, Foldable Screens and AI Become KeyOn September 5th, the 2024 IFA (Internationale Funkausstellung) in Berlin, Germany, kicked off. Chinese smartphone brand Honor showcased its latest generation of foldable flagship phone, Honor MagicV3, Honor MagicPad2 tablet, Honor MagicBookArt14 laptop, and other products, along with several on-device AI innovations, such as AI face swap detection and AI defocusing eye protection...
Mobile Internet 2024-09-05 16:00:15 -
Is Your Old Phone "Old" or "Sick"? Survey Reveals Motivations for iPhone 16 Potential Buyers
Is Your Old Phone "Old" or "Sick"? Survey Reveals Motivations for iPhone 16 Potential BuyersMarket research firm CIRP recently released a report, asking US consumers about their reasons for purchasing a new iPhone ahead of the official launch of the iPhone 16 series. The results reveal that most users choose to upgrade not for the latest features, but because their old phones are either "old" or "sick"...
Mobile Internet 2024-09-05 15:25:38 -
Smartphone Market Rebounds! TechInsights Raises Shipment Forecasts for 2024 and 2025
Smartphone Market Rebounds! TechInsights Raises Shipment Forecasts for 2024 and 2025Market research firm TechInsights today announced an upward revision of its global smartphone shipment forecasts for 2024 and 2025, factoring in an improved macroeconomic outlook driven by interest rate cuts and easing inflation. Global smartphone shipments are projected to grow 3% year-over-year in 2025...
Mobile Internet 2024-09-05 15:18:37 -
Europe's Smartphone Market Recovers Strongly, Samsung and Apple Lead, Transsion Tecno Emerges as a Rising Star
Europe's Smartphone Market Recovers Strongly, Samsung and Apple Lead, Transsion Tecno Emerges as a Rising StarCounterpoint Research's latest market monitoring report shows that the European smartphone market rebounded for the second consecutive quarter in Q2 2024, with shipments increasing by 10% year-on-year. This growth was mainly driven by continued macroeconomic improvements and recovering consumer demand...
Mobile Internet 2024-09-05 14:38:05 -
Huawei Mate70 Master Edition Leaked: All-Ceramic Back, Three Colors, Runs HarmonyOS NEXT
Huawei Mate70 Master Edition Leaked: All-Ceramic Back, Three Colors, Runs HarmonyOS NEXTAccording to blogger @MomentDigital, the upcoming Huawei Mate70 Master Edition phone will feature an all-ceramic back, ditching the dual-tone design, and will be available in three colors: red, black, and grey. The grey color is a new addition...
Mobile Internet 2024-09-05 14:31:24 -
European Smartphone Market Recovers for Second Consecutive Quarter, Shipments Up 10% Year-on-Year
European Smartphone Market Recovers for Second Consecutive Quarter, Shipments Up 10% Year-on-YearCALGARY, September 5, 2024 According to a market monitoring report by Counterpoint Research, the European smartphone market rebounded for the second consecutive quarter in Q2 2024, with shipments increasing by 10% year-on-year. This recovery is primarily attributed to continued macro-economic improvements and a resurgence in consumer demand...
Mobile Internet 2024-09-05 14:19:43 -
Real-life images of Tecno Phantom VFold2 and VFlip2 leaked, showcasing foldable designs
Real-life images of Tecno Phantom VFold2 and VFlip2 leaked, showcasing foldable designsTech media outlet spillsomebeans today (September 5th) published a blog post sharing real-life photos of the Tecno Phantom VFold2 and TecnoPhantom VFlip2 smartphones, generating significant attention.Tecno Phantom VFold2According to sources, the Tecno Phantom VFold2, model number AE10, is powered by the MediaTek Dimensity 9000+ chipset and features 12GB of RAM and 512GB of storage...
Mobile Internet 2024-09-05 14:13:28