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On August 4th, the General Office of the State Administration for Market Regulation issued a notice on promoting typical experiences and practices from national pilot projects for innovative trade secret protection. The first batch of pilot areas for innovative trade secret protection includes: Haidian District of Beijing, Tongzhou District of Beijing, Binhai High-tech Zone of Tianjin, Pudong New Area of Shanghai, Fengxian District of Shanghai, Nanjing City of Jiangsu Province, Wuxi City of Jiangsu Province, Suzhou City of Jiangsu Province, Hangzhou City of Zhejiang Province, Ningbo City of Zhejiang Province, Wenzhou City of Zhejiang Province, Hefei City of Anhui Province, Haicang District of Xiamen City of Fujian Province, Wuhan City of Hubei Province, Changsha City of Hunan Province, Guangzhou City of Guangdong Province, Shenzhen City of Guangdong Province, Foshan City of Guangdong Province, Jiangjin District of Chongqing Municipality, and Wuhou District of Chengdu City of Sichuan Province.On August 4th, Mona Yacoubian, director of the Middle East program at the Center for Strategic and International Studies (CSIS), stated that Iran believes it holds the upper hand in its conflict with the United States after the Trump administration repeatedly postponed actions following its most severe threats. Yacoubian stated, "But every time Trump does this, Iran takes the message that the United States is weak and Iran has the advantage in this conflict." Yacoubian pointed out a recurring pattern between the US and Iran: military escalation, a declared diplomatic breakthrough that ultimately fails, and a subsequent return to a state of threat. She added that the US likely postponed its latest strike after its Gulf allies expressed concerns. Gulf states fear that if the situation escalates further, Iran will not hesitate to attack infrastructure and energy targets in the region.According to Israels i24NEWS: Several Iranian one-way attack drones attacked and hit a military base in northern Kuwait on Monday night.On August 4th, the highest 7-day annualized yield of Tencent Wealth Managements "Current Account +" was 1.1370%, and the lowest was 0.7360%. The highest 7-day annualized yield of WeChat Pays "Lingqian Tong" was 1.0200%, and the lowest was 0.9010%. The highest 7-day annualized yield of Alipays "Yuebao" was 1.0150%, and the lowest was 0.9010%.As of 09:30 Beijing time, WTI crude oil futures rose 1.00%, while US natural gas futures fell 0.22%.

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