China Releases Carbon Peak, Neutrality Top-level Design

On October 24, China unveiled a master working guideline - the Working Guidance For Carbon Dioxide Peaking And Carbon Neutrality In Full And Faithful Implementation Of The New Development Philosophy,  aiming to elevate energy efficiency to an advanced international level and lift non-fossil energy consumption to over 80 percent of the whole by 2060. As the "1" in the "1+N" policy system for carbon peaks and neutrality, the Working Guidance is to make systematic planning and overall deployment for the major work of carbon peaks and carbon neutrality.

Highlights of What are stated in the Working Guidance:

——By 2025, an economic system of green and low-carbon circular development will be initially formed, and the energy utilization efficiency of key industries will be greatly improved.

——By 2030, significant results will be achieved in the overall green transformation of economic and social development, the energy utilization efficiency of key energy-consuming industries will reach the international advanced level, and carbon dioxide emissions will have peaked and start to decline steadily. Specifically, China's carbon dioxide emissions per unit of GDP will have dropped more than 65 percent, compared with the 2005 level, and the share of non-fossil energy consumption will have reached around 25 percent, with the total installed capacity of wind power and solar power reaching over 1200 gigawatts.

——By 2060, a green and low-carbon recycling economic system and a clean, low-carbon, safe and efficient energy system will be fully established, the energy utilization efficiency will reach the international advanced level, and the proportion of non-fossil energy consumption will reach over 80%.

The Working Guidance requires that the layout of major infrastructure, major productivity and public resources should be continuously optimized, and a new pattern of land and space development and protection conducive to carbon peaking and carbon neutrality should be established. The "Guidance" also proposed that the pace of coal reduction should be accelerated, coal consumption growth should be strictly controlled during the "14th Five-Year Plan" period, and coal consumption should be gradually reduced during the "15th Five-Year Plan" period. 

In addition, the "Guidance" also proposed to formulate action plans for technology to support carbon peaking and carbon neutrality, and to map a path for the development of carbon neutrality technologies.

Guoli Group: New breakthroughs in biodegradable modified materials

Recently, the fully biodegradable bamboo powder material developed by Guoli Group has successfully passed the inspection and certification of a third-party testing center. The report shows that the biodegradation rate of the material is 92.66%, and the relative biodegradation rate is 92.70%. The test result complies with the requirements from Chinese degradation standard GB/T19277.1-2011: "The biodegradation rate should be far greater than 60%".

Experts in the industry said that the biodegradable materials made of bamboo powder are low-carbon and environmentally friendly, and the use of bamboo waste to make powder is very convenient, stable, environmentally friendly, and close to nature. It is one of the best choices for biodegradable products. Bamboo powder biodegradable material products can be decomposed into carbon dioxide and water when buried in the soil, which contributes to the looseness and air permeability of the soil, prevents soil compaction, and promotes the healthy development and growth of plant roots. Passing the testing and certification this time will help to further enhance the company's core competence and industry status, and the company's future profitability will be enhanced as well.

Under Energy Consumption Dual Control Scheme, China Sees Large-scale Electricity Curbs

Have you been cut off the electricity?

 In the past few days, power-limiting has been a very popular term. "Dual-control" and "power curb" have been on the hot search. What is going on? What is dual control? Why was the power cut? These three consecutive questions ask you how much you know, and let's explore it hereunder.

Recently, the National Development and Reform Commission directly named nine provinces in a regular press conference: Qinghai, Ningxia, Guangxi, Guangdong, Fujian, Xinjiang, Yunnan, Shaanxi, Jiangsu, the energy consumption intensity in the first half of the year did not drop but increased instead of the same period last year! In addition, the reduction rate of energy intensity in 10 provinces did not meet the schedule requirements, and the national energy conservation situation is very severe.

In order to alleviate the pressure from all parties, the energy consumption of many places has been lit up with "red lights", and those provinces  "named" by the Ministry of Industry and Information Technology have responded with measures one after another.

IBM Go Green and 1000-qubit Chips will be commercialized

At the Entrepreneur Summit Forum at the Wuzhen World Internet Conference in 2021, Alain Benichou, CEO of IBM Greater China, said that IBM is expected to deliver more than 1,000 qubit processors in 2023 and realize the technology Commercialization.

Alain said that this advanced quantum chip technology will revolutionize the fields of molecular science and biological research, reduce the global carbon footprint, and help mankind better respond to the next global pandemic.

IBM recently announced the development roadmap in the chip field. Currently, IBM's quantum chip has a maximum of 65 qubits. The company expects to achieve 127 qubit chips this year and 433 qubit chips next year.

Behind the lack of new product at Apple's conference: focus on cost performance and long market

 Maybe it's Apple who best understands the needs of Chinese consumers.

 At 1 am on September 15, Beijing time, Apple held the 2021 autumn new product launch event as scheduled, and released a variety of products such as the iPhone 13 series, the 2021 iPad, the new generation iPad Mini, and the Watch Series7 at the meeting.

If the iPhone 12 series, which was postponed last year, is a full-fledged 5G highlight, then the iPhone 13 series is more of an extension. Through upgrades and changes in the processor, memory, battery life, color, shooting, etc., it is cost-effective. The advantages. But this is again considered by the market to be insufficient innovation, and the update intensity of the iPhone 13 series is the smallest in history. At this press conference, Apple also did not mention the previously anticipated new Air Pods wireless Bluetooth headset or the rumored low-orbit satellite communication function.

In the capital market, the new product launch still failed to break Apple's curse of "the stock price fell on the day the new iPhone was released". On September 14th, local time in the United States, Apple's stock price opened higher and fell. After the press conference, the stock price accelerated its decline. It once fell to US$146.91, a decline of 1.77%, and the closing decline narrowed to 0.96% to close at US$148.12, the latest market value. More than 2.45 trillion US dollars.

1.  Fast enough, good-looking and long-lasting: Apple plays the ultimate cost performance

For most users, the requirements for the use of mobile phones are fast speed, good taking pictures, long standby time, and it is best to have enough storage space. In the newly released iPhone 13 series of mobile phones, these needs have been met to the greatest extent. In addition, Apple has also optimized and improved the previous functions such as notch screen, weak camera, slow charging, etc., and the appearance of color matching is more abundant, and the price continues to be close to the people. ".

Re-discovering Apple Cars, No Progress in Seven Years

 The core question: Who will make it? What to make? How to make it?

Apple Car -- Steve Jobs's last wish, Apple's long cherished wish!

On September 7, Apple's car project leader, former Tesla executives, Doug Field (Doug Field) suddenly resigned and moved to Ford. Field himself explained that he joined Ford in the hope of getting an opportunity to "make a difference." His successor is Kevin Lynch, the former head of Apple Watch and Health.

In 2008, Jobs had planned to develop its own car brand iCar. In 2014, Apple launched a high-profile automotive project and named it "Project Titan." To a certain extent, "Project Titan" is the "last wish" of Apple's soul Steve Jobs. At that time, after Apple announced that it would build a car, it has attracted great attention from the global automotive industry, and even Musk believes that Apple will be its biggest competitor.

However, it has been 7 years since the establishment of the project. Apple's car building is still "Castle in the sky." The executives are constantly losing and changing, and the strategic direction is still unclear. From car manufacturing to autonomous driving, then switching back to car manufacturing from autonomous driving, Apple has made many detours over the years and has paid too many sunk costs.

Virtual Meeting Rescues Workplaces

 How to make employees, customers and investors live together harmoniously in the meeting.

The lobby can shape people's first impression of a company. When visiting the New York headquarters of investment bank Jefferies, the first thing guests saw was a section of the Berlin Wall purchased by the company from the East German government. In the London office of Slaughter and May law firm, water drips slowly from the curtain wall of the atrium into a shallow pool made of natural stone. At the San Francisco office of the software giant Salesforce, visitors are greeted by a 32-meter video wall with pictures such as the magnificent waterfall or the Pac-Man game.

As the COVID pandemic has forced many offices around the world to close, these key first impressions have been replaced by video conferencing. As employees are trapped at home, meetings with subordinates, colleagues, customers, and investors in the company have almost all turned online. Almost all the once crowded activities, from performance reviews to shareholder meetings, road shows and IPOs, have almost all moved to the Internet.

Cook's ten years: perhaps a more successful Apple CEO than Jobs

Cook's first decade of leading the world's most valuable company was successful, but the next decade will be difficult.

However slow it is, the "Apple" will fall from the tree. Ten years ago, when Tim Cook took over from founder Steve Jobs, even diehard Apple fans were worried that the company might be destined to go downhill. Without Jobs, Willie Wonka, Apple's chocolate factory was taken over by Cook, a robot that started by integrating global supply chains and reviewing reports. How can such an unattractive person follow the famous vision of Jobs and inspire Apple employees to continue to create "cool" products?

It turns out that Mr. Cook can. On August 24, when he celebrated his tenth anniversary as Apple’s boss, no one raised objections. This is a matter of course. In the technology industry where managers are generally hard to match the founder, he staged an almost greatest succession drama. In fact, from a purely financial point of view, Cook is much more successful as president than Jobs.

Mr. Cook is the president who has created the most shareholder value in history. When he took over from Jobs, Apple had a market value of US$349 billion, and now has a market value of US$2.5 trillion, setting a record for the market value of a listed company. Under his leadership, annual sales rose from US$108 billion in 2011 to US$274 billion last year. Apple's net profit more than doubled to 57 billion U.S. dollars, surpassing Saudi Aramco's profits from oil and becoming the most profitable company in the world. What has received less attention is that under Cook's tenure, Apple's economy (Apple's own annual revenue plus revenue from other companies on its platform) has grown sevenfold to more than $1 trillion.

The dismissed tech giant is still so profitable

 Regulators put the technology giants in hot water, but their stocks will not continue to be sluggish.

In the three days at the end of July, American technology giants performed brilliantly. Apple, Microsoft, Alphabet (the parent company of Google), Amazon and Facebook thrive in the epidemic, and their latest earnings reports confirm this. In the latest quarter from April to June this year, these five companies achieved total revenues of US$332 billion, an increase of 36% year-on-year, and their earnings were better than expected. Unexpectedly, in addition to Alphabet, the stocks of several companies triggered a wave of selling after their earnings were announced.

This negative reaction embodies the paradox surrounding the major American technology companies. While products are being used more, big technology companies themselves are increasingly disgusted. Encouraged by voters from both parties, regulators and legislators are reviewing every business of big technology companies and threatening to take strong measures to curb their power. Mark Mhaney, an analyst at Evercore ISI, predicts that the drag on the stocks of major technology companies from the regulatory review has reached 10% of the stock prices.

Not To Be Dumb Pipe for Internet, China Mobile Enters into Chip Manufacturing

Recently, Xinsheng Technology Co., Ltd., a wholly-owned subsidiary of China Mobile's Internet of Things subsidiary of China Mobile, officially operated independently in July 2021. According to the future layout of Xinsheng Technology, the company will devote itself to the research and development of IoT chips and applications.

Facing saturated personal user market, and cellular network operators seek transforming and breaking through

In addition to the hot market and the influx of capital, one cannot help but ask, why does China Mobile cut into the IoT chip track at this time?

The reason is that, on the one hand, the mobile phone growth ceiling is becoming more and more obvious. After the personal user market is saturated, operators urgently need to transform, and then focus on the market cake of the Internet of Things. After China Mobile’s big connection strategy was proposed in 2016, The Internet of Things connection has experienced rapid growth, and there is also an extremely high demand for Internet of Things chips.