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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 -
Ant Group and Ningbo Bank Establish Strategic Partnership to Deepen Collaboration in Six Key Areas
Ant Group and Ningbo Bank Establish Strategic Partnership to Deepen Collaboration in Six Key AreasRecently, Ant Group and Ningbo Bank signed a strategic cooperation agreement, outlining plans for deepened collaboration in six key areas: retail credit, digital payment, wealth management, technology innovation, and more. This partnership will prioritize the exchange and collaboration in digital technology and fundamental technology applications, including but not limited to joint exploration of innovations in large language models, big data, high-performance computing, blockchain, digital currency, and indigenous innovation...
Blockchain 2024-09-05 18:06:42 -
OnePlus 13 to World Premiere BOE X2 "Oriental Screen" for a Revolutionary Visual Experience
OnePlus 13 to World Premiere BOE X2 "Oriental Screen" for a Revolutionary Visual ExperienceRecent leaks suggest that the upcoming OnePlus 13 smartphone will be the first globally to feature BOE's X2 "Oriental Screen." This display is expected to debut next month, boasting a new "Equa-Deep Micro-Curve" design, delivering a 2K resolution while combining the advantages of both flat and curved screens for a superior visual experience and comfortable grip...
Mobile Internet 2024-09-05 17:21:16 -
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 -
The Era of Highly Active Digital Asset Circulation is Coming: Tokenization Drives New Economic Vitality
The Era of Highly Active Digital Asset Circulation is Coming: Tokenization Drives New Economic VitalityOn the afternoon of September 5th, at the InclusionBund Summit Web3 sub-forum, Yan Ying, Chief Scientist of Ant Group, made the judgment that as Web3 technology gradually matures and becomes more widely adopted, assets, data, and physical objects in the physical world will be tokenized and seamlessly integrated with the digital world. Tokenization will make transactions more efficient, accelerate asset circulation, and unleash economic growth...
Blockchain 2024-09-05 17:07:27 -
The Huawei Mate70RS Ultimate Master Edition is Coming Soon: All-Ceramic Back Design, Three Fashionable Colors Available
The Huawei Mate70RS Ultimate Master Edition is Coming Soon: All-Ceramic Back Design, Three Fashionable Colors AvailableAccording to well-known digital blogger @MomentDigital, the upcoming Huawei Mate70RS Ultimate Master Edition will feature an all-ceramic back design, replacing the previous two-tone structure. It will be available in three fashionable colors: red, black, and gray...
Mobile Internet 2024-09-05 16:53:15 -
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 -
Honor's Foldable Smartphones Shine Bright in Europe, Driving Market Growth with Slim Design
Honor's Foldable Smartphones Shine Bright in Europe, Driving Market Growth with Slim DesignThe report indicates that large foldable smartphone users particularly appreciate the larger display windows and multitasking capabilities these devices offer. They are also pleasantly surprised by the reliability exceeding their expectations...
Mobile Internet 2024-09-05 15:34:48 -
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 -
"Mentor" Recommends Cryptocurrency, Yangpu Police Intervenes and Recovers 750,000 Yuan
"Mentor" Recommends Cryptocurrency, Yangpu Police Intervenes and Recovers 750,000 YuanThe Siping Road Police Station of the Yangpu Branch of the Shanghai Municipal Public Security Bureau recently successfully stopped a telecommunications network fraud case, recovering 750,000 yuan in economic losses for the victim, Mr. Cao...
Blockchain 2024-09-05 14:58:31 -
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
