Chinese Economy Watch


View: https://www.youtube.com/watch?v=VCMFkDta5Us
1735957347791.webp
I’m 37 years old. Life has been hard, and I have no other choice. My child is sick, and my child needs to eat. My child isn’t in daycare, so I have to stay home to take care of them. I can’t leave the house to work. My child doesn’t have a father, and I don’t have any family. So, I take clients. Call me. Whether you’re just looking for someone to sleep with or if you want to help me out and give me some money, I’ll accept. Call me.
 

View: https://twitter.com/svembu/status/1875396290462564586?s=19

My point in posting comparisons with China is to show that Chinese companies have overcome so many challenges, from corruption to red tape. That is a source of inspiration for me; whenever I am tempted to complain, I think about Chinese entrepreneurs.

Here is an article that mentions protectionism and other trade barriers *between regions of China*.

Chinese entrepreneurs focus on exports so much, perhaps because it is simply far easier to export than to sell within China! In other words exports may be a workaround, a survival tactic for Chinese entrepreneurs, not a sign of strength.

Quote:
"China’s local protectionism has become increasingly sophisticated, with municipal and provincial governments setting up barriers to protect regional interests and ensure growth within their own jurisdictions. This approach hinders outside companies in competing with local firms."

["Outside firms" here means Chinese firms from outside the region]

scmp.com/opinion/china-…

This is what competition within China's like. They don't even spare Chinese companies from other regions.
 

China achieves breakthrough in BCI clinical trials, enabling patient to convert thoughts into text for communication​

(Global Times) 09:35, January 06, 2025
This BCI technology breakthrough enables the patient to convert their thoughts into Chinese texts on computer for communication. Photo: Science and Technology Daily

This BCI technology breakthrough enables the patient to convert their thoughts into Chinese texts on a computer for communication. (Photo/Science and Technology Daily)

A Chinese research team made a breakthrough in brain-computer interface (BCI) development using domestically developed, invasive flexible BCI systems, which demonstrated high-precision, real-time movement intention, and language decoding in clinical trials. This achievement enabled patients to control smart devices with their brains, converting their thoughts into Chinese texts on computers for communication.

A brain injury patient at Huashan Hospital affiliated with Fudan University conceived the phrase "2025 Happy New Year" in their mind, and it was decoded by a computer. The system then sent commands to a robotic arm, which made a heart-shaped gesture, marking the world's first-ever New Year's greeting conveyed via thought, according to the Science and Technology Daily on Sunday.

This marks a major advancement in a collaborative project between NeuroXess, Huashan Hospital, and the Tianqiao and Chrissy Chen Institute, signaling that China reached world-class standards in the field of BCI.

In December 2024, NeuroXess, in collaboration with Huashan Hospital, initiated the country's first clinical trial involving high-throughput implantable flexible BCI systems for real-time synthesis of the Chinese language.

The patient, a 43-year-old with a language-related brain tumor and epilepsy, underwent surgery in which a domestically designed electronic film was implanted for tumor localization and to protect crucial areas of the brain related to language.

Just two days after the surgery, the patient began training and, within seven days, attained a 71 percent accuracy in decoding 142 commonly used Chinese syllables, and demonstrated a delay of under 100 milliseconds for single-character decoding.

"With the invasive BCI technology of Neuralink as a representative, decoding movement intention has seen remarkable advancements in the US, Europe, and Asia, such as enabling paralyzed patients to use robotic arms with their thoughts for drinking water, operate a mouse to play video games, or control exoskeletons to walk. The next anticipated breakthrough is 'language decoding'," said several international scientists at the BCI Society &Chen Institute Joint BCI Meeting held in Shanghai in December 2024, reported the Science and Technology Daily.

Earlier, the team made significant progress in movement intention decoding as well. In August 2024, NeuroXess and Huashan Hospital completed a clinical trial assisting patients with motor disabilities in regaining motor function through brain-controlled smart devices.

NeuroXess told the Science and Technology Daily that this language decoding clinical trial represented a one-month short-term in vivo experiment. The team plans to gradually initiate long-term in vivo clinical trials, with the goal of achieving multi-center registration for three categories of medical devices.

China's partially invasive BCI technology is also developing. In December 2024, Hong Bo, a professor from the School of Medicine with Tsinghua University, told the Global Times thattheir partially invasive BCI device, NEO, would begin large-scale clinical trials in 2025, with intends to recruit 30-50 spinal injury patients for implantation. After completing these surgeries, the team plans to seek regulatory approval for market launch.
 

Chinese electric model tops Israel's car sales in 2024​

(Xinhua) 10:54, January 03, 2025
JERUSALEM, Jan. 2 (Xinhua) -- The Atto 3, an electric subcompact crossover from the Chinese carmaker BYD Auto, was the top-selling car in Israel in 2024, according to data released by the Israel Vehicle Importers Association on Thursday.

A total of 10,607 units of the Atto 3 were sold throughout the year, outpacing all other gasoline-powered and electric models.

The Skoda Octavia, a Czech-made petrol-powered small family car, was the second bestseller in Israel in 2024, with 7,461 units sold.

Chinese brands led overall car sales in Israel, with 63,489 units sold in 2024. South Korea ranked second with 45,805 units, followed by Japan, which sold 43,730 units.

In the electric vehicle (EV) market, BYD Auto secured the top position by selling 16,690 units across six models. Tesla, the American EV maker, followed with 8,202 units sold, while Chinese manufacturer MG Motor took the third spot with 6,276 units sold.

Other Chinese manufacturers, including XPeng Motors, Chery Automobile, and Geely Auto Group, also performed strongly. Overall, Chinese automakers captured 68.69 percent of Israel's EV market in 2024, with a total of 46,137 units sold.
 

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