On Monday, local time, US stocks continued to rise, and the three major indexes collectively closed up. The Dow was six consecutive years, and the S&P and Nasdaq once again set a 15-month high. Technology stocks performed well, with Apple and NVIDIA hitting record closing highs, while Tesla rose more than 3%.

　　In the news, US Treasury Secretary Yellen said on Monday that the US labor market and inflation data made her optimistic about the prospects. "I don’t expect a recession, and we are on the road to reducing inflation." This has boosted the market’s confidence in the economic prospects of the United States to some extent.

　　In addition, the Goldman Sachs research report pointed out that in view of the good performance of the recently released US economic activity and inflation data, the possibility of the US economy avoiding recession in the next 12 months has increased. Therefore, Goldman Sachs lowered its forecast for the possibility that the United States will begin to fall into recession in the next 12 months, from 25% to 20%. In addition, although the Federal Reserve is expected to raise the benchmark interest rate again next week, it may be the last in a series of interest rate hikes that began last year.

　　It is worth noting that the Q2 earnings season of US stocks officially begins, and the market will face a test in the next few days. Whether the previous rise is a continuation of the strength of US stocks or investors rushing to run, corporate earnings reports will give an answer.

　　In terms of individual stock news, Microsoft welcomed the new progress in the acquisition of Activision Blizzard. The British Anti-monopoly Court of Appeal ruled that the trial of Microsoft’s appeal against the ban on Microsoft’s acquisition by the British regulators was suspended, arguing that the case could be postponed "conditionally", paving the way for Microsoft and Blizzard to find an alternative to the veto by the regulators. This means that the last "roadblock" of British regulators is no longer enough to pose a threat to the transaction.

　　However, a person familiar with the matter said that although the transaction is likely to be reached, the completion time of the transaction may be later than the original deadline this Tuesday.

　　Buffett’s Berkshire Hathaway disclosed on Monday that it significantly reduced its holdings of Activision Blizzard in the second quarter, and its position fell to about 14.7 million shares, a decrease of 70.2% from the 49.4 million shares held at the end of the first quarter. Berkshire’s shareholding ratio has shrunk sharply from 6.3% at the end of the first quarter of this year to 1.9%.

　　In terms of energy, crude oil soared due to the news that Saudi Arabia "extended its voluntary production reduction to the end of December 2024". WTI crude oil once rose to $76/barrel, and Brent crude oil once returned to the $80/barrel mark. Later, it retreated all the gains announced by this false news. WTI crude oil closed down 1.53% to $74.08/barrel, while Brent crude oil closed down 1.47% to $78.

　　[overnight U.S. stocks]

　　Among the large-scale Chinese stocks, Alibaba fell by 1.20%, Baidu rose by 0.30%, Netease rose by 0.84%, Tencent Music fell by 2.83% and Pinduoduo fell by 0.49%.

　　Among the large American technology stocks, Apple rose 1.73%, Amazon fell 0.83%, Google A fell 0.61%, and Nye soared 1.84%.

　　[global index]

　　In the European stock market, the FTSE 100 index in Britain fell slightly by 0.38% to 7406 points. The French CAC40 index fell 1.12% to 7292 points. Germany DAX index fell slightly by 0.23% to 16,069 points.

　　[global goods]

　　The main contract of WTI crude oil closed at $74.11 per barrel, down 1.74%; The main contract of Brent crude oil closed at $78.56 per barrel, down 1.64%; The main contract of crude oil in the previous period closed at 573.10 yuan per barrel overnight, down 0.83%.

　　Overnight, the Shanghai gold main contract closed up 0.22% to 455.70 yuan per gram; The main contract of Shanghai Bank closed down 0.12% to 5809.00 yuan per kilogram.

　　[overnight news]

　　"Saudi Arabia will extend its voluntary production reduction measures until the end of 2024"? Oolong news makes oil prices "jump up and down"

　　On the evening of July 17th, a news that "Saudi Ministry of Energy said it would extend the voluntary production reduction measures to the end of 2024" triggered a huge earthquake in the crude oil market. Both American oil and oil distribution rose by over 2%, and European energy stocks followed suit. However, news came out soon, and the media withdrew this report, calling it the old news on June 4. Brent crude oil and WTI crude oil retreated all their gains within 25 minutes, dropping about $1.5 per barrel. The long-short game of crude oil at the $80 mark is fierce.

　　US Treasury Secretary Yellen: The US economy will not decline and is on a "good track" to reduce inflation.

　　US Treasury Secretary Yellen said on Monday that the growth of the United States has slowed down, but the domestic labor market is still quite strong. She predicted that there would be no recession in the United States. Yellen said that she believes that the United States is on a "good track" to reduce inflation, and the labor market will not be significantly weak. Some commentators believe that Yellen’s statement is also the driving force behind the rise of US stocks on Monday.

　　The black sea food agreement is completely history? Russia says it no longer plans to negotiate.

　　Russia’s deputy representative to the United Nations said that the decision to terminate the agreement on the export of agricultural products at the Black Sea port was final, and no more negotiations were planned. On the same day, the Russian Foreign Ministry issued a statement on the agreement on the export of agricultural products at the Black Sea port, saying that the agreement will be suspended from July 18. The Russian Foreign Ministry pointed out that Russia opposes the extension of the agreement on the export of agricultural products at the Black Sea port, and officially informed Turkey, Ukraine and the United Nations Secretariat of the decision on the 17th.

　　Affected by this news, American wheat futures surged back, jumping over 4% and then turning down.

　　The new york Fed’s manufacturing index fell in July, but inflation cooled further.

　　The manufacturing index released by the Federal Reserve Bank of new york in July dropped to 1.1% from 6.6 in June, indicating that the manufacturing growth in the state has almost stopped, and economists expect it to drop to zero. Among the sub-indices, the price payment index dropped from 22 in June to 16.7, which is a sign that inflationary pressure has further cooled down.

　　[company news]

　　Microsoft’s acquisition of Activision Blizzard went further, but the deal may be postponed. Buffett reduced his shareholding in Blizzard by 70% in the second quarter.

　　Microsoft welcomed the new progress in the acquisition of Activision Blizzard, and the British Anti-monopoly Court of Appeal ruled that the trial of Microsoft’s appeal against the ban on Microsoft’s acquisition by the British regulators was suspended, arguing that the case could be postponed "conditionally", paving the way for Microsoft and Blizzard to find an alternative to the veto by the regulators. This means that the last "roadblock" of British regulators is no longer enough to pose a threat to the transaction.

　　However, a person familiar with the matter said that although the transaction is likely to be reached, the completion time of the transaction may be later than the original deadline this Tuesday.

　　Buffett’s Berkshire Hathaway disclosed on Monday that it significantly reduced its holdings of Activision Blizzard in the second quarter, and its position fell to about 14.7 million shares, a decrease of 70.2% from the 49.4 million shares held at the end of the first quarter. Berkshire’s shareholding ratio has shrunk sharply from 6.3% at the end of the first quarter of this year to 1.9%.

　　Tencent’s largest shareholder: It is estimated that the shareholding ratio will drop to around 24%-25% by the end of the year.

　　Prosus, the largest shareholder of Tencent Holdings and the Dutch subsidiary of South Africa’s Naspers Group, said that the proportion of its Tencent shares will be reduced by 2 to 3 percentage points every year, and it will drop to around 24%-25% by the end of this year. Naspers bought a third of Tencent’s shares for $34 million in 2001. In June last year, Prosus announced that it would slowly sell its Tencent shares to provide funds for stock repurchase.

　　Lilly announces complete report on new drugs for Alzheimer’s disease.

　　Lilly, a pharmaceutical giant, announced in official website on Monday that the latest complete results of phase III clinical trial TRAILBLAZER-ALZ 2 showed that donanemab developed by the company could significantly slow down the cognitive and functional decline of patients with early Alzheimer’s disease (AD).

　　According to the latest complete report, among people with mild cognitive impairment (MCI), iADRS (comprehensive evaluation of patients’ cognitive ability and daily self-care ability) shows that the clinical decline rate has slowed down by 60%, and CDR-SB score shows that the cognitive decline rate of patients has slowed down by 46%. This means that the curative effect of donanemab is much more obvious for this group.

　　Tesla’s board gave up $735 million in stock and cash awards to settle investor lawsuits.

　　Tesla directors, including co-founder Musk, agreed to return more than $735 million in stock and cash bonuses to settle the lawsuit filed by investors. The lawsuit accused board members of providing themselves with huge salaries through improper means. According to the document filed by the Delaware Court of Equity on July 14th, Tesla directors denied the existence of the misconduct alleged by investors, but said that they agreed to solve the case to eliminate the uncertainties, risks, burdens and expenses that may be brought about by further litigation.

　　Ford slashed the sales price of electric pickup trucks.

　　On Monday, local time, Ford Motor Company of the United States drastically lowered the price of F-150 Lightning. Among them, the entry-level model F-150 Lightning PRO, with the biggest drop, started at US$ 59,974 and fell to US$ 49,995, down by about 16%. The price reduction of other models is roughly 6%-14%.

　　[AI dynamic]

　　Server energy consumption has tripled, and the fierce AI competition is becoming more and more important for power competition.

　　According to the latest report released by Digital Information World, the energy consumption generated by data centers for training AI models will be three times that of conventional cloud work. It is estimated that by 2030, the power demand of data centers in the United States will increase at an annual rate of about 10%. Computing power is the foundation of the development of the AI world, and the bottleneck of computing power is electricity in the final analysis. With the increasingly fierce arms race for AI, the competition for electricity has become more and more important.

　　[financial calendar]

After the launch of MINIEV, it successfully opened up the blue ocean of mini pure electric vehicle market, but due to the low imitation threshold, many competitors appeared. In addition, after BYD and its birth, the design of front and rear double-row doors brought more practicability, further eroding the market share of Wuling Hongguang MINIEV.

In order to enhance its own market competitiveness, Wuling Hongguang MINIEV will launch the fourth-generation model, which not only adopts a design similar to Wuling Bingo, but also adds four-door versions. At present, the real pictures of the new car have been exposed. Let’s take a look.

The fourth generation Wuling Hongguang MINIEV has a relatively rounded appearance. Its front face style is similar to that of Wuling Binguo, and it is equipped with a large-area closed panel. Annular daytime running lights are added inside the headlight group, and the charging interface is set behind the front logo, which caters to the aesthetics of women.

The side is still the common four-wheel and four-corner shape of mini-cars to ensure the interior space, and a two-color body is adopted to enhance the sense of youth and fashion. In addition, the size of the lower hub is upgraded from 12 inches to 13 inches, and two styles of rim covers are provided. The style of the tail is also relatively simple. The ring taillight group echoes the front face, and the Wuling LOGO is continued. The reversing light and the width indicator light are moved to the bottom.

In addition to continuing to provide three-door and four-seat models, the new car also adds four-door and four-seat models to choose from. The dimensions of the two models are the same, and the mass of the latter is increased by 20 kg. In terms of body size, the length, width and height are 3256/1510/1578mm and the wheelbase is 2190mm, which is 192mm longer, 17mm wider, 36mm lower and 180mm longer than the current models. Although the performance of the second row space in the limited body may be average, it will be more convenient to get in and out of the back row.

In the car, the design layout of the fourth generation Wuling Hongguang MINIEV is also similar to that of Wuling Binguo. The interior color matching of brown and beige creates a sense of grade that is much higher than that of the current models. It is also equipped with a double suspended LCD instrument and a central control panel, and the air outlet of the air conditioner is decorated with silver material, which looks more fashionable.

In the power part, the new Wuling Hongguang MINIEV is equipped with a motor with a maximum power of 30 kW, which is consistent with the 2024 Youth Edition and the Advanced Edition. The maximum speed is 100km/h, and it is equipped with a group with a capacity of 16.2 kWh. The cruising range under CLTC conditions is 205 km. For reference, the 2024 Wuling Hongguang MINIEV is available in 120km, 170km and 215km endurance versions.

　　　　　On July 7, a brand star endorsement signing conference was held in Mingshi Street, Shanghai, and the two most popular new generation superstars — Angelababy, the Queen of Hong Kong Popularity, and Aarif Lee, the Superpopular Idol, gathered at the scene. Superpopular supermodel Angelababy is associated with Huang Xiaoming every time she attends an event. Do you mind if everyone says so? Angelababy generously said, "Of course not, we are all working and it is normal to be asked."

Praise Li Zhiyan for not worrying about her boyfriend’s "jealousy"

　　　 Despite the high temperature of 39 degrees in Shanghai, Angelababy puts on various cool expressions and shapes quite cooperatively. Although Angelababy and Aarif Lee are super popular idols nowadays, they have never cooperated with each other. When talking about the feeling of cooperation for the first time, Angelababy said with excitement and cuteness: "I have seen him in the movies before, and he is really handsome!" When the reporter asked who was more handsome, Aarif Lee or Huang Xiaoming, who cooperated with him at the scene, Angelababy wisely replied: "The people present today are the most handsome." Don’t you worry that your boyfriend will be jealous? baby smiled and said that he was not worried. "Everyone is just working."

I don’t mind being compared with Huang Xiaoming.

　　　 Angelababy’s popularity in mainland China has soared since she had an affair with Huang Xiaoming. Although she has never formally responded to various versions of rumors such as falling in love and dating, she has never been unhappy every time she mentions Huang Xiaoming. Although she doesn’t give a positive answer, the smile on her face is clearly visible. Angelababy, who attended the Shanghai event, wore a very eye-catching ring and was asked by the media whether it was a gift from Huang Xiaoming. baby said warily, "It’s just a decorative ring, and it often means nothing." So, a reporter asked if baby had received Huang Xiaoming’s proposal ring. Is this a public relationship? Baby didn’t give any answer to this, but the organizer helped to smooth things over, and said, "In brand activities, anything is possible between spokespersons", suggesting that Huang Xiaoming and Angelababy are expected to formally "cooperate" in the advertisement. For those who often attend activities and are involved in the gossip boyfriend Huang Xiaoming, will you mind everyone saying this? baby responded generously: "No mind at all, it is normal for us to be asked at work."
　

As a leader in the domestic automobile market, BYD has been at the forefront of new energy technology through unremitting efforts. Its product lineup is rich and diverse, including Qin, Qin 100, Qin EV300, Tang, Tang 100, Song, Song DM, Song EV300 and Yuan, aiming to meet the needs of different consumers. Next, let’s discuss BYD’s lineup of pure electric vehicles and reveal its highlights in terms of price, performance and cruising range.

BYD Yuan EV-360:
The subsidized market price is between 79,900 and 99,900 yuan. Yuan EV series is a compact SUV built by BYD based on the fuel vehicle platform. The newly launched Yuan EV360 is equipped with a high-efficiency rare-earth permanent magnet synchronous motor independently developed by BYD, with a maximum power of 160kW and a peak torque of 310Nm, and an acceleration of 0-100km/h takes only 8.9 seconds. This model uses ternary lithium battery, the battery energy density reaches 126.91Wh/kg, and the comprehensive cruising range is 305km, while the cruising range can reach 360km at a constant speed of 60 km/h.

BYD Song EV Series:
Song EV series is priced between RMB 189,900 and RMB 219,900, including various driving modes. The latest Song EV500 is equipped with a 160kw motor, with a maximum torque of 310N·m and a 62kWh ternary lithium battery. The comprehensive cruising range can reach 400km, and the 60kW fast charging pile can be charged from 40% to 80% within 30 minutes.

BYD Qin EV Series:
The subsidized price of Qin EV series is 149,900-169,900 yuan, and the release of Qin EV450 has improved performance and endurance. The latest Qin EV450 is equipped with 160kW drive motor and 310N·m torque, and adopts ternary lithium battery, with a cruising range of 400km, which is significantly improved compared with the previous generation.

Qin Pro-ev500:
Qin Pro-ev500 is the follow-up model of Qin EV, and its price is 169,900-189,900 yuan. Based on BYD’s "e-platform", it is equipped with DragonFace design language, 12.5.5-inch 8-core responsive central control panel and 56.4kWh battery pack with high energy density. The maximum cruising range can reach 500km, and the charging speed is fast, and the charging time can be from 30% to 80% within 30 minutes.

BYD e6 Series:
The e6 series is positioned as MPV, and the subsidized price is 243,800-303,800 yuan. The new e6 is equipped with a 90KW motor and a torque of 450Nm. With the 82 kWh lithium iron phosphate battery, the comprehensive cruising range is 400km, while the pure electric cruising range can reach 520km at a constant speed.

BYD e5 Series:
The latest e5450 of BYD E5 series was released in 2021, and the subsidized price was 129,900-139,900 yuan. The battery type was upgraded from lithium iron phosphate battery to ternary lithium battery, which improved the cruising range to meet higher user demand.

With its continuous technological innovation and rich product line, BYD ensures that consumers can find the best choice that meets their own budget and needs when purchasing new energy vehicles. Judging from the performance and price of these models, BYD has successfully established a solid position in the new energy market.

Double-player word games are divided into three levels.

1. The first level of word games requires two players to stand on two numbers in a specified time, so that the sum of the two numbers is the number given on the blackboard.

2. The second level of the word game is to turn over the cards within a specified number of times, so that the two cards turned over in succession have the same pattern, and finally all the cards can be turned over to pass the customs (players need to remember the patterns on the cards turned over every time to pass the customs more easily).

3. The third level of the word game is that within the specified time, two players control the pen up and down, left and right, respectively, so that the pen is connected 1, 2, 3, 4, 5, 6, 7 until 27 in turn (it is not allowed to connect every other number, but must be connected in turn).

Buy Toyota Flanders and choose these configurations, and you will definitely regret it in the future! Today, Flanders has two sets of powertrains, namely, 2.0-liter fuel and 2.0-liter twin-engine. Both of them have leading version, luxury version, sports version and distinguished version, and 2.0-liter fuel also has the most basic elite version. There are quite a few models in these nine configurations that are not worth buying. Let’s analyze the configurations and prices of the following versions one by one.

The first is the most entry-level 2.0-liter elite version, with a guide price of 125,800 and a discount of about 100,000 for bare cars. Apart from seven airbags and a 10.25-inch central control panel, this car has quite limited configurations, such as a multi-function steering wheel, automatic parking, four speakers and LED daytime running lights, and there is really nothing else. The experience is similar to that of a taxi. If it was five or six years ago, your budget was insufficient and you believed in Toyota’s quality, it was understandable to buy it. But now that domestic products are on the rise, spend more than 100 thousand to buy a car that doesn’t even have a fixed-speed cruise and a one-button start. What do you want?

If you really want to buy this car, you should at least look at the second-lowest version, which is 14 thousand more expensive than the elite version and has 10 more configurations. First of all, the safety configuration is more abundant, with active safety configuration such as active braking, lane departure warning, road traffic sign recognition, full-speed adaptive cruise, adaptive far and near light, lane centering and so on. There are also many comfort functions such as electric sunroof, keyless entry and one-button start. Although the overall feeling is still relatively shabby, at least the basic configuration is still complete.

If you say you want to buy it, just open it, without changing the lights, interior and seats, then the deluxe edition is the best choice. This version is 10 thousand yuan more expensive than the leading version, and there are 12 more configurations. Including reversing images, indoor ambient lights, leather-like sports seats, eight-way electric adjustment of the main driver’s seat, rear air outlets, front and rear LED headlights and daytime running lights, 17-inch dual-color wheels, and chrome trim strips on the exterior. These extra configurations are very basic and practical. If the requirements are not high, you can basically buy this version in one step, and you don’t need to go into a refit shop again.

As for the sports version, it is 10,000 yuan more expensive, mainly because it has more functions such as electric tailgate, external rearview mirror heating and automatic folding. Then the four speakers are upgraded to six speakers, and the 17-inch wheel hub is upgraded to 18 inches, adding a double-color appearance. More than a dozen configurations in the deluxe edition are just needed, and these configurations in the sports edition can only be regarded as icing on the cake.

The top configuration is 10,000 yuan more expensive. Many configurations mainly include 360 images, front and rear radars, automatic air conditioning, car networking, leather shift lever and steering wheel, panoramic sunroof and other functions. They are not high-end configurations, but the price is already hard. At a price of 170,000 yuan, he can buy his big brother Willanda completely, with more space, better chassis and higher grade.

2.0 The configuration of the dual-engine version and the fuel version is similar, but due to the difference of the powertrain, it is 10,000 yuan more expensive, and the luxury version has the highest cost performance, followed by the leading version. Running downtown every day is sensitive to fuel consumption, and friends who have a mileage of more than 15,000 kilometers a year can consider the dual-engine version.

Which configuration do you think Fenglanda chooses, which is the least likely to regret in the future? Come on, let’s talk in the comments section.

Welcome to car home, let’s explore the latest development of the national sixth Ruifeng M3. I believe many friends have some questions about the news that the price of Guoliu Ruifeng M3 model has been reduced by 30,000 yuan and the listing price of Jianghuai Ruifeng M3 1.5T National Sixth Edition. Don’t worry, next, I will interpret these key information for you in detail to enrich your knowledge base.

First of all, the reason behind the 30,000-yuan price reduction of Guoliu Ruifeng M3 model may be to enhance market competitiveness or respond to policy adjustment. The specific reasons need to be combined with market analysis and manufacturer strategy. For the common fault of Ruifeng M3, the lack of engine oil, we know that it may be caused by poor engine seal or failure to maintain it in time. Car owners must pay attention to regular inspection and maintenance.

Regarding JAC Ruifeng M3 extended version 1.8 national six model, it supports gas change, but it needs careful operation. After all, it can run 300 kilometers after gas change, which may depend on engine modification and service conditions. The launch of the 1.5T National Sixth Edition not only meets the higher emission standards, but also improves the power performance, providing consumers with better choices.

The official guide price of Jianghuai Ruifeng M3 1.5T National Sixth Edition is 838-94800 yuan, which indicates that it has been upgraded to a more environmentally friendly emission standard, and it also means that the price/performance ratio may be improved. If you are interested in vehicle parameters, Ruifeng M3 Sixth Edition has a body size of 4651x1765x1900mm and the powerful power of 1.8L inline 4-cylinder engine, which provides passengers with a comfortable ride experience.

Finally, the official guide price and configuration of the 2019 Ruifeng M3 are different, which meets the needs of different consumers. Whether it is a 5-seat or 7-seat layout, there are corresponding models to choose from. I hope this sharing can help you with the question of reducing the price of Guoliu Ruifeng M3 by 30,000. If you have any other questions, please feel free to consult.

There are many options for gasoline cars now, as we said today. Next, let’s take a look with Xiaobian.

Let’s look at the appearance of Binyue first. Binyue’s front face looks very unique, and with the three-piece air intake grille, people will never forget it. Headlights are young and fashionable, and the overall look has a certain sense of hierarchy. The car is equipped with LED daytime running lights, automatic opening and closing, delayed closing and so on. Come to the car side, the car body size is 4330MM*1800MM*1609MM, the car uses eye-catching lines, the car side looks very elegant, with large-sized thick-walled tires, the shape is quite atmospheric. In the rear part, the rear looks sharp, and the taillights show a capable design style. Together with the bilateral double exhaust pipes, it is still relatively sharp in general.

Coming to Binyue car, Binyue interior looks very fashionable and simple, full of fighting atmosphere. The steering wheel design of the car is very elegant, made of leather, and the grip is good. Take a look at the central control. The car is equipped with a stylish and simple touch-sensitive LCD central control screen, which makes the interior design quite layered and conforms to the mainstream aesthetics. The interior feels good. Let’s take a look at the dashboard and seats. The dashboard of the car presents a lovely design style, highlighting the trendy temperament. The car uses a leather-like seat, which is wrapped in place and comfortable.

Binyue is matched with CVT gearbox, with the maximum power of 93KW and the maximum torque of 152N.m, and the power performance is good.

The space in the back row of Binyue is still spacious, and there is a certain margin in the head and legs, which can be said to be more than enough for daily use. In addition, the car is equipped with anti-lock braking system (ABS), LED daytime running lights, brake assist (EBA/BAS, etc.), braking force distribution (EBD), traction control (ASR/TCS, etc.), main driver airbag and co-pilot airbag.

After reading the above description, Xiaobian will make a summary. The car introduced today is not only eye-catching in space, but also has reached the mainstream level in various configurations, and there is nothing to be picky about driving experience and space experience.

● Four-wheel drive structure: basically the same.

　　　 As we all know, both Range Rover Sport Edition and Range Rover are equipped with full-time intelligent four-wheel drive system and powerful second-generation all-terrain feedback system. Users only need to choose the corresponding driving mode and control the throttle and direction, and the next difficulties and obstacles will be fully handed over to the vehicle itself to overcome. It’s like a fool’s camera. Even if you don’t know how to take pictures, you can still take wonderful pictures. However, do you know what kind of complicated four-wheel drive structure is hidden under this seemingly stupid operation knob?

"The Range Rover and Range Rover Sport Edition of this test drive all adopt this four-wheel drive structure."

　　　 First of all, let’s look at the Range Rover Sport Edition. It can be equipped with two full-time four-wheel drive systems. The central differential with strong off-road capability is a multi-plate clutch structure with low gear. By default, the system distributes the torque evenly in the ratio of 50: 50. According to the change of the combination of multiple clutches, the power distribution of the front and rear axles can be 100% respectively, and the electronic traction control system will also play an auxiliary role. Low gear ensures excellent off-road ability, and can provide 2.93:1 driving force at low gear.

"Range Rover Sport Edition can also be equipped with a four-wheel drive system with single-speed transfer case and +Torsen central differential structure."

　　　 The weak four-wheel drive system adopts the structure of Torsen central differential, and there is no low gear. The mass of this system is 18kg lighter than that of the previous system, and the ratio of front and rear torque distribution is 42: 58 by default. The setting slightly biased towards the rear drive aims to improve its driving pleasure. At the same time, in order to ensure off-road performance, according to the different road conditions and grip, Torsen differential can adjust the maximum distribution ratio of front and rear wheels to 62% and 78% respectively. Theoretically, this system is weaker than the first one in four-wheel drive performance.

　　　 The Range Rover adopts the first four-wheel drive system, and the two cars we tested this time also use this four-wheel drive system. It is worth mentioning that the above is only the middle part of the whole four-wheel drive system. In fact, in order to further optimize the traction and stability under extreme road conditions, consumers can also choose models with dynamic active rear axle limited slip differential (including Range Rover and Range Rover Sport Edition). The rear axle differential lock will form a powerful four-wheel drive system together with the first four-wheel drive system mentioned above.

　　[Striving forward in the direction guided by the General Secretary, the integration of culture and technology in the past five years]

　　In the face of increasingly fierce international competition, we must put innovation at the core of the overall development of the country and constantly promote innovation in theory, system, science and technology and culture.

　　— — Excerpt from the speech of the Supreme Leader General Secretary at the symposium of intellectuals, model workers and youth representatives on April 26th, 2016.

　　Recently, the planning scheme of "China Sound Valley" was unveiled in Hefei, Anhui Province, focusing on the intelligent voice industry and building strategic emerging industries, which not only releases the imagination of cultural creativity, but also stimulates the support of scientific and technological innovation. It is estimated that by 2020, the operating income of "China Sound Valley" enterprises will reach 100 billion yuan, with an average annual growth rate of 40%.

　　Since the 18th National Congress of the Communist Party of China, China’s culture and scientific and technological development have been deeply integrated, and cultural creativity and scientific and technological innovation have produced a "chemical reaction", which not only brought new changes in the cultural field, but also injected new kinetic energy into the social economy. It not only brings the collision and agitation of ideas, but also provides a new scheme and path for reform and development.

　　Realize the transformation and upgrading of cultural construction.

　　The "singing microphone" with black head and red body makes KTV palm-shaped and free-spirited. Its design implies that "every singer can become the king in his heart with the protection of the microphone"; The kernel technology adopts intelligent audio processing chip and dual noise reduction function, which greatly improves the quality of music, integrates into people’s daily life more professionally, conveniently and fashionably, and helps upgrade the traditional music industry and KTV industry.

　　There is more than a small "singing microphone" that combines the "face" of cultural creativity and the "lining" of technological innovation. In the past five years, cultural industries such as art inspection, museum exhibition, dance design, film equipment, printing and publishing have also inserted the wings of science and technology, and "transformed" through scientific and technological innovation to achieve industrial upgrading.

　　The traditional publishing industry has given full play to the guiding role of financial funds, implemented a number of transformation and upgrading projects, accelerated the construction of platforms such as technical support services, content resource management, data sharing and knowledge services, and achieved phased results in the digital transformation and upgrading of the publishing industry.

　　In the field of public cultural services, the cultural sharing project combines traditional library services with public electronic reading room services, and the network covers urban and rural areas, and also directly reaches remote villages and towns, improving the imbalance of public cultural services at the grassroots level in China.

　　From the innovation of service form to the innovation of content construction, from the innovation of communication means to the innovation of management mechanism, science and technology promote cultural innovation, further liberate and develop cultural productivity, and better meet the growing spiritual and cultural needs of grassroots people.

　　Enlarge the fission effect of Internet cultural industry.

　　On September 17th, Tencent Pictures released 43 films in one breath, covering pan-entertainment projects with full copyright linkage such as movies, TV dramas and online dramas, and well-known IP lists such as Shanghai Fortress, Tibetan Code and Journey to the West are famous. Tencent’s "big hand" comes from the new concept of "not doing film and television in isolation, but being an open content platform"; The "confidence" of Tencent Pictures comes from the strategic layout of "not being a traditional film and television company, but based on the pan-entertainment cultural ecology".

　　Tencent Pictures is striding towards "Disney" in China, catching up with the new opportunities and good times when the Internet platform gave birth to the "Big Mac" of cultural enterprises, and further improving the market competitiveness of cultural enterprises. Since the 18th National Congress of the Communist Party of China, emerging cultural formats such as online literature, online music, online movies, online performances and online animation have developed rapidly, gathering new momentum for the development of cultural industries.

　　2016 is called "the first year of live broadcast". As soon as the new live broadcast was unveiled, the industrial boundary continued to expand, from entertainment to all aspects of production and life. In just one year, the output value of the live broadcast industry has exceeded 50 billion yuan, exceeding the box office of movies and amplifying the fission effect of the Internet cultural industry.

　　At the first China "Internet Literature Plus" conference held in Beijing, a set of data showed people a "new version" of China’s online literature industry. In 2016, the number of online literature users in China exceeded 300 million, and 40 major online literature websites launched 14.548 million works, with a market scale of 9 billion yuan. With the cultivation of paid reading users, the deep development and multiple utilization of original works IP, online literature will be in a golden period of development in the next decade, which will create greater spiritual and material value.

　　Taking online literature as the origin, it extends to TV series, games, animation and other industrial chains, detonating the value of creativity and stories. In 2016, the business income of the cultural information transmission service industry with "internet plus" as the main form increased by more than 30% year-on-year. Internet technology has enriched the channels of cultural consumption, changed the mode of production of cultural industries, expanded the cultural market, and spread the "China Story" and "China Spirit" quickly and powerfully.

　　Meet the new wave of integration and development

　　Traditional brocade technology can only show more than 20 colors, while brocade using digital technology can show nearly a thousand colors. The national cultural innovation project "Silk Brocade Cultural Creativity and Technological Innovation and Demonstration Promotion", in addition to technological innovation, also tries to build a research and development platform for modern brocade cultural creative products, integrate modern painting artistic content and visual design, and enrich product themes and cultural connotations. This technology, which is full of cultural elements and scientific and technological contents, has developed more than 200 series products in five categories: tourist souvenirs, brocade thangka, art derivatives, dress cheongsam and home decoration products in more than two years, initially forming a digital production line with an annual output of 100,000 pieces of brocade crafts, which has enabled traditional crafts to realize cultural creativity and technological innovation in the new era.

　　Science and technology are hard power and culture is soft power; Scientific and technological innovation optimizes the use function of products, and cultural creativity enhances the added value of products; Scientific and technological innovation meets the needs of utensils, while cultural creativity goes straight to the heart, touches emotions and meets spiritual and cultural needs; Scientific and technological innovation should be good, and cultural creativity should be beautiful.

　　Cultural creativity and technological innovation are like two sides of the same coin, which complement each other; Cultural creativity and scientific and technological innovation are the two major driving forces of cross-industry and cross-domain product innovation, just like one body and two wings, taking off across borders. Virtual technologies such as 3D, VR, AR, MR, artificial intelligence, big data and other new terms will change the future production and life and form an imaginative economy. With the deep integration and development of culture and technology, we can build new products and services as long as we want and can do it, and promote industrial exchanges and upgrading.

　　The power of cultural and technological integration should not be underestimated. In the 13th Five-Year National Strategic Emerging Industry Development Plan issued by the State Council in December 2016, the "digital creative industry" was listed as one of the five new pillar industries with an output value of 10 trillion yuan for the first time. Under the guidance of the basic strategic idea of "cultural and technological integration", we will build a public service system of the whole industrial chain based on digital technology, and help the transformation of China’s economic development mode through the integration with the real economy.

　　Count these five years.

　　In recent years, the cultural information transmission service industry with "internet plus" as the main form has developed rapidly, and the added value will be realized in 2015.2858Billion yuan, an increase over 2013.1055100 million yuan, with an average annual growth rate of25.9%. In 2016, the cultural service industry grew rapidly, and the operating income of the cultural information transmission service industry with "internet plus" as the main form.5752Billion yuan, growth30.3%.

　　(Reporter Zhang Yuling)