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April 1st - Multiple sources have confirmed that Wei Bin, Vice President of XPeng Group and head of its Intelligent Cockpit, recently resigned from the company after being on leave for family reasons. Currently, XPengs Intelligent Cockpit Center and Autonomous Driving Center have merged to form the General Intelligent Center, managed by Liu Xianming. Before his departure, Wei Bins primary responsibility was promoting the application of the Visual Language Model (VLM) large-scale model to the intelligent cockpit.Market news: Colombia has raised benchmark prices for gasoline and diesel.The Russian Foreign Ministry announced it will issue a travel warning, reminding Russian citizens of the risks of traveling to countries that have extradition treaties with the United States.On April 1st, it was reported that on March 31st, the Peoples Bank of China, the Ministry of Science and Technology, the State Financial Regulatory Commission, and the China Securities Regulatory Commission jointly convened a meeting to exchange and promote science and technology finance. The meeting pointed out that the Fourth Plenary Session of the 20th CPC Central Committee, the Central Economic Work Conference, and the 15th Five-Year Plan outline uphold the strategic core position of scientific and technological innovation in national development, clarify the strategic goal of accelerating high-level scientific and technological self-reliance, optimize and adjust the regional layout of international science and technology innovation centers, and put forward clear requirements for building a science and technology finance system adapted to scientific and technological innovation. Relevant departments and institutions should thoroughly study and implement the decisions and deployments of the CPC Central Committee and the State Council, further deepen the supply-side structural reform of finance, improve the diversified financial service system, support international science and technology innovation centers in optimizing the science and technology finance ecosystem, and continuously improve the adaptability of financial service supply to the needs of scientific and technological innovation.On April 1st, it was reported that on March 31st, the Peoples Bank of China, the Ministry of Science and Technology, the State Financial Regulatory Commission, and the China Securities Regulatory Commission jointly convened a meeting to exchange and promote science and technology finance. The meeting emphasized that the "15th Five-Year Plan" period is a crucial period for building a strong science and technology nation, and science and technology finance should provide higher-quality services to support this goal. Relevant departments and institutions should work together to continuously improve the science and technology finance working mechanism and solidly advance all key tasks for the year. They should continue to strengthen coordination and interaction among relevant departments, local governments, and financial institutions, expand information sharing, accelerate the construction of a technology factor market, and improve the efficiency of financial resource allocation. They should enhance the professional capabilities of science and technology finance services and enrich financial products adapted to the characteristics of high-tech fields. They should leverage the role of policies such as relending for technological innovation and technological upgrading, the pilot program for equity investment by financial asset investment companies, M&A loans, and the "technology board" in the bond market to promote more precise allocation of financial resources to the field of technological innovation.

Taiwan Threatens WTO Action As China Suspends Importation of Grouper Fish

Aria Thomas

Jun 13, 2022 11:48

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Saturday, Taiwan's government threatened to take China to the World Trade Organization after China blocked imports of grouper fish from Taiwan, citing the presence of banned chemicals. This is the latest agricultural dispute between the two countries.


Last year, China stopped imports of Taiwanese pineapples, sugar apples, and wax apples, alleging insect problems, which Taiwan vehemently rejected.


Relations between Taipei and Beijing, which claims democratically governed Taiwan as its own territory, are at their lowest level in decades, with China intensifying political and military pressure on the island to recognize its sovereignty.


China's customs department announced late Friday that it had repeatedly identified illegal substances in Taiwanese grouper and would suspend their import beginning Monday "to prevent dangers and protect consumer health and life."


Chen Chi-chung, minister of agriculture for Taiwan's Council of Agriculture, denied the accusation, stating there was nothing wrong with the fish and that Taiwan will supply China with data and request a response.


He told reporters that Taiwan would not rule out pushing the issue to the WTO if China did not reply.


According to Cabinet spokesman Lo Ping-cheng, China has frequently boycotted and blocked Taiwanese agricultural and aquatic exports "in a manner inconsistent with international norms."


This not only damages relations between Taiwan and China, but also increases the Taiwanese public's displeasure with the Chinese Communist Party's arbitrary suppression of Taiwan.


The majority of Taiwanese grouper is consumed domestically, while China accounts for almost 90 percent of exports.