# Culture

The hot sun is like fire, and the desert is like the sea. An archaeologist specializing in the ancient city of Loulan on Mount Everest crossed the desert alone, aiming to find the legendary ancient city of Loulan. The sand at the foot of Mount Everest is hot and boiling, and every step is like walking on a hot pot. There is little water left and food is only enough for two days. And what is even more desperate is that he found that his compass seems to have lost its function in this desert.

As night falls, Mount Everest hides from the scorching sun under the sand dunes, while taking advantage of the coolness at night to move on. Suddenly he saw an old building, which was mostly buried in the desert, but he could still see its exquisite decoration and craftsmanship. Everest was ecstatic, and he finally found it.

Everest walked into the building carefully. Although he was prepared psychologically, he was surprised by what he saw. The walls are covered with vivid murals, describing the life, wars and sacrifices of the ancient Loulan people. One of the most striking is a huge mural, in which a man is wearing gorgeous clothes and holding a strange weapon. His eyes reveal great strength and wisdom.

Mount Everest was deeply attracted by this mural, and he decided to find out the identity of this mysterious figure.

Life is about culture, and people with culture can laugh at the end.

When it comes to culture, some people say that I went to college and studied as a graduate student, so I am a literate person. In fact, this is just a person’s education and diploma, not a real culture.

So, what is culture? Broadly speaking, culture refers to the sum of all material products and spiritual products created by human beings. Nowadays, there are many interpretations of the definition of culture, but in any case, culture can not be separated from literacy, and culture can not be separated from consciousness. A literate person is a person who can strive for goodness, progress and progress, a person who pursues personality charm, and a person who can be strictly self-disciplined. Such a person is a literate person with connotation.

Culture, culture, is to educate people. Wen is a civilization, and Wen is a literary spirit! Human society, from ignorance to civilization, this is the progress of society and the development of the times. A person with quality is a person who can arm his mind with culture. Such a person is a literate person and a civilized person.

Literature needs literature, but also needs culture. We should "create" people with literature and inspire people with literature, so as to keep pace with the times, keep pace with civilization, keep moving forward and strengthen ourselves. The Chinese nation has a long and splendid history and culture of 5,000 years, which makes us proud and glorious. The ancient sages have left us countless famous sayings that inspire people’s minds. These are the great wisdom of life, from which we can absorb spiritual nutrition, implant culture in our hearts, infiltrate into people’s bone marrow, and become a powerful spiritual driving force for life growth.

Culture and culture are precious in a word "Hua", and culture can be imperceptibly influenced; Culture can be passed down; Culture needs the unity of knowing and doing, being a man should talk less and do more, keep a low profile and do things with a high profile, which is the charm of culture. People live in reality, the commodity economy is a pluralistic society, colorful, singing and dancing, and all kinds of temptations come to us. Many people can’t stand the temptation of feasting, forget their initial heart, lose their kindness, empty spirit, impetuous mood, money first and self first; Some people make a lot of money, but they have no spiritual support, and eventually they fall down on the road of life.

There was a network anchor named Viya. In two years, she evaded taxes by 643 million yuan, and finally the tax authorities fined her a total of 1.341 billion yuan. She earns hundreds of millions of dollars a year. Some people don’t understand why she should do such a thing as tax evasion when she earns so much money a day. To put it bluntly, it is greed, which is the lack of culture. The lack of greed has been verified in her. People, if they leave morality and kindness, they will be greedy and will eventually be harmed by greed. Such examples are heard from time to time in reality.

A person can make money without money. Modern society provides everyone with a platform for self-development. As long as a person can work hard and strive for self-improvement, he can find his own life stage. If a person has no morality and culture, even if he earns a lot of money, he will eventually "spit it out". This is called settling accounts after the autumn, which is also called what goes around comes around, and what goes around comes around comes around. This is the causal relationship of life, and it is also a cultural embodiment of being a man.

To be a cultured person, this culture is to be a self-disciplined person, a person who can control his own behavior, a person who can control his own mouth, and a person who can control his own behavior. Perhaps some people will say that it is really too difficult and too bitter to be a man like this. In fact, suffering is also a kind of culture. If you eat bitter, you can be a master. If you don’t be a master, you have to consciously look for bitterness. This is a self-disciplined life. If you don’t suffer hardships in life, you won’t get rewards. Take pleasure in suffering, take pleasure in suffering, and strive for a life. This is the culture of being a man and a man with literacy.

Why is baseball not played in China?

Baseball is not popular in China for the following reasons:

1. Low popularity: The popularity of baseball in China is far less than that of football, basketball and other sports. Due to historical reasons, the development of baseball in China started late and the mass base was weak. At the same time, baseball equipment is relatively expensive, which also limits the popularity of baseball.

2. Insufficient publicity and promotion: Compared with other popular sports, baseball is less publicized and promoted in China. As a result, many people don’t know enough about baseball, and their interest is naturally low.

3. Fewer events are held: the frequency of baseball events in China is low, so it is difficult for the audience to have the opportunity to watch high-level baseball games on the spot. This also makes baseball less concerned in China.

4. Lack of baseball culture: Compared with developed countries such as Japan, China lacks profound baseball culture. Without the support of culture, the popularization and promotion of sports will be greatly limited.

5. Low competitive level: China’s baseball performance on the international stage is relatively weak, which also leads to the low attention of domestic audiences to baseball.

6. Uneven development of sports industry: In China, the development of football, basketball, table tennis and other sports has been strongly supported by the government and enterprises, while baseball and other sports have been relatively neglected. This makes the development space of baseball in China limited.

In a word, there are many reasons why baseball is not popular in China, including popularity, promotion, event holding, cultural background, competitive level and uneven development of sports industry. To improve the attention and popularity of baseball in China, we need to start from all aspects, increase publicity, improve competitive level, cultivate baseball culture, and strive for more policy and financial support.

Beauty: either adjust the momentum, or grow against the trend, waiting for the industry to recover.

2022A&2023Q1, affected by epidemic situation, consumer psychology, traffic environment and other multiple factors, the sales of beauty cosmetics with optional & fast-disappearing properties are not ideal. The performance differentiation of listed companies has intensified; Online beauty products are shrinking and Tik Tok’s beauty products are increasing, but there is no obvious recovery offline. Looking forward to the second quarter, both the demand side and the supply side of beauty cosmetics are improving marginally, and the low base caused by the epidemic in the same period last year is superimposed, and the growth rate of the industry is expected to bottom out. However, due to the lack of driving force at the bottom, the recovery rate may be limited; Prefer stocks whose current growth can hedge the unfavorable factors of the industry.

▍ Performance is generally under pressure and differentiation is intensified.

1) Revenue & profit: the growth rate slows down, and the performance of high-quality leading players is tough. In 2022, the total operating income of six brand listed companies was 22.07 billion yuan/year-on-year+31.3%, with a growth rate of-16.7 pcts; Among them, the income growth rate of Polaiya (+37.8%/+14.3 pcts) and Juzi Bio (+52.3%/+21.9 pcts) increased against the trend.

2) In 2022, the total attributable net profit of six brand listed companies was 4.06 billion yuan/+11.0%, and the attributable net profit of Polaiya ranked first with a growth rate of 41.9%, and the profit growth rates of Huaxi Bio, Juzi Bio and Betani all exceeded 20%.

3) Gross profit margin: most of them declined, while Polaiya & Marumi rose against the trend, and the gross profit margin of Juzi Bio ranked first; The gross profit margin of Polaiya and Marumi shares was 69.7%/68.4% respectively, which was+3.2/+4.4 pcts year-on-year; Juzi Bio ranks first in the gross profit margin of all brand beauty listed companies with 84.4%.

4) Net interest rate attributable: most of them declined, while Polaiya rose against the trend. In 2022, the net interest rate of six brand listed companies increased by one and decreased by five; Among them, the net interest rate of Polaiya was 12.8%, which was +0.4pct year-on-year.

▍ Amoy’s beauty cosmetics contracted, Tik Tok’s beauty cosmetics increased, and the proportion of Tik Tok’s channels occupied online increased.

Industry perspective: 22 years of negative growth in Amoy beauty, 23Q1 decline narrowed; 22 years’ high growth of beauty in Tik Tok. 1) Amoy Department: According to the market intelligence data of Magic Mirror, the sales of beauty cosmetics of Amoy Department in 2022 was 280.6 billion yuan, with a year-on-year growth rate of-13.4% and-22.1 pcts; In 2023Q1, the sales volume of Amoy beauty cosmetics was 54.2 billion yuan, which was-12.7% year-on-year, and the growth rate was+1.6 pcts; 2) Tik Tok: According to the data of Mama Chan and Jumei, the sales of beauty cosmetics in Tik Tok in 2022 was 90.2 billion yuan, up+113.7% year-on-year; In Q1 of 2023, the sales of beauty cosmetics in Tik Tok reached 31 billion yuan, up+83.4% year-on-year, and the growth rate was +30.5pcts.

Corporate perspective: online revenue accounted for 57% ~ 91%, and the proportion of online channels in Tik Tok increased. In 2022, Polaiya Online accounted for 91%/+6pcts, of which Tik Tok accounted for about 15%+; Huaxi biological functional skin care products account for about 93%/+3 pcts online; Among them, Tik Tok accounts for about 31%/+14 pcts; Betaine online accounted for 81%/+1 pct, of which Tik Tok revenue accounted for 9%/+3 pcts; Giant biological line accounts for 57%/+15 pcts; Marubi shares accounted for 72%/+12 pcts online.

▍ Focus on creating classic big items and strengthening brand mind.

Local beauty companies actively increase their research and development, and empower them to create large items from many aspects such as raw materials and formulas.

Winona: Breaking the circle of "sensitivity+",consolidating the original superior items and creating a new generation of big items of the elite family;

Polaiya: The matrix of large single products has been initially built, and the strategy of large single products has been firmly implemented. New products such as Cloud Sun Protection and Double Anti-3.0 have been listed;

Run Baiyan: Brand mind is upgraded from basic moisturizing to technological repair, focusing on creating three series of barrier conditioning, light damage repair and time repair;

Quadi: Focus on eye cream and face cream to create an anti-aging mind. In April 2023, Quadi put on a new eye cream for young people (anti-eye cream);

Mibel: The main products are water and essence. In February, 2023, Mibel put on a new multi-vitality essence eye cream and a young age firming new muscle essence (3A purple essence).

Muscle activity: build large single products around brown rice series. According to the market information of magic mirror, in 2022, brown rice water single products accounted for 37.5%;

Marubi: continuously focus on eye and anti-aging products, mainly promoting the series of recombinant collagen and polypeptide red pens.

▍ New products have been put on record, and contents such as ingredient IP and "skin care formula" have been marketed.

According to the data of the State Food and Drug Administration, since the beginning of 2023, new products of local beauty listed companies have been put on record: 65 Marubi, 62 Polaiya, 55 Huaxi Bio, 38 shanghai jahwa, 20 Betani, 18 Giant Bio and 18 Lushang Development. The volume of recombinant collagen has increased, and Juzi and Marubi have launched high-potential new products with recombinant collagen peptide as the core component and increased their delivery to create explosions; The "skin care formula" extends from "early C late A" to "early P late R".

▍ Risk factors:

Post-epidemic recovery progress, insufficient willingness to consume, sustained recovery, etc. may have negative effects; Strict supervision or exceeding expectations; The progress of enterprise product development or approval may be less than expected, which will have a negative impact on performance.

▍ Investment strategy:

From the second quarter, both the demand side and the supply side of beauty cosmetics are expected to improve marginally. Adding to the low base caused by the epidemic in the same period last year, the growth rate of the industry is expected to bottom out. However, in view of the fact that the driving force of the industry has not changed substantially, the recovery rate may be limited. Judging from the third data such as magic mirror and mother, the growth rate of online beauty data in April has turned positive to a small positive growth; The situation of further recovery needs to be observed in the "618 Great Promotion" which started in late May. In terms of investment, there are many structural and individual opportunities.

Main line 1: Recommend companies that have outstanding comprehensive capabilities or are currently in the harvest period of change.

Main line 2: Recommend companies that adjust in stages, whose stock prices fully reflect the negative, and whose fundamentals are expected to improve marginally.

Main line 3: It is recommended to choose the right opportunity to lay out the air outlet track with outstanding technical advantages and good growth, but the stock price is affected by non-fundamental factors such as lifting the ban.

Main line 4: Recommend emerging sunscreen companies that are in the climbing cycle of capacity utilization rate, and actively expand into the field of personal care raw materials with broad growth space.

This article comes from a selection of brokerage research reports.

The "hard work" of domestic products: domestic beauty cosmetics, who can laugh at the end?

Text/Jin Cuodao Channel

Yixian e-commerce has held the pause button pressed by the economy.

On the evening of November 22nd, Yixian E-commerce disclosed its performance report for the third quarter of 2022: The announcement showed that Yixian E-commerce achieved revenue of 858 million yuan in the third quarter.

Yixian e-commerce can almost be regarded as "one of the most incredible Internet companies in China".

The first is incredible. In the fast and unbreakable Internet competition in China, Yixian E-commerce completed its revenue from 0 to 3 billion yuan in only three years, which is the fastest brand in the history of China cosmetics industry.

The second incredible thing is that in the beauty field dominated by international giants, many brands, such as Perfect Diary and Little Odin, owned by Yixian E-commerce, have created explosions that are representative of the industry.

In the past, the outside world paid more attention to the growth rate of Yixian e-commerce, but ignored its efforts in product strength and strategy.

What is the growth way of Yixian e-commerce to hold the cycle?

Nowadays, in the beauty marathon, who has the endurance and determination to run the whole course?

Overall, the enhancement of hematopoietic capacity and the improvement of development resilience are the core keywords of this financial report.

At the beginning of this year, Huang Jinfeng, the founder of Yixian E-commerce, said frankly at the company’s internal meeting: "2022 is a very critical’ year of transformation’ for Yixian E-commerce, and we need to focus on hematopoiesis and transformation."

Under the impact of the epidemic, brands are facing great challenges, consumer habits on the demand side and public consumption awareness will also be reshaped, and demands for product quality will rise.

Yixian e-commerce has developed "muscles" in overcoming these challenges.

As can be seen from the financial report,In the third quarter of 2022, the focus of Yixian e-commerce is no longer the opponent, but how to strengthen its own advantages and achieve "reducing blood fat and increasing muscle".

What are the highlights of this financial report? Let’s draw a key point together.

1. Play combination boxing more decisively.

In the past, Yixian e-commerce was always equated with the perfect diary, but in fact Yixian e-commerce not only has a perfect diary. The data in this financial report is very telling:

The skin care business maintained a strong growth momentum, with revenue of 269 million yuan in the third quarter, a year-on-year increase of 33%, accounting for 31.4% of the total revenue; Among them, three mid-to-high-end skin care brands, including DR.WU Daerfu, EVE LOM and Galénic, saw their revenues increase by 69% year on year.

You know, high-end skin care and mass skin care are one of the hot tracks in the beauty market in the past two years.It is also a key step for Yixian e-commerce to "play high-end".

Looking back, Yixian E-commerce has successively acquired high-end skin care brands Kelanli Galénic and Eve Lom in high profile, and won the business right of efficacy skin care brand DR.WU in Chinese mainland, which is already being laid out.

Holding a high-end brand in one hand and the ability to create explosive products in the other, Yixian e-commerce did not live up to expectations.

Galenic, a high-end skin care brand, cut into the anti-aging track with the new platinum "Xuezao" essence, and the double eleven ranked in the top five of Tmall’s import essence hot sale list. The single product "Anti-oxygen No.1" VC essence double eleven achieved a sales increase of 580%, ranking the new brand Top1 of Tmall.

EVE LOM, a luxury skin care brand, is committed to continuously consolidating the mind of the SPA brand. Together with Harold Tea Room, it launched afternoon tea with the theme of "Secret Manor".

In terms of products, create a new 3R constant gold essence and cut into the core anti-aging track. This year’s double eleven ace single classic cleansing cream won the first place in Tmall’s high-end makeup remover. The brand as a whole has achieved steady growth in China and overseas markets.

This means that Yixian e-commerce has mastered a set of mature and reusable growth methodology. After starting with cosmetics products, Yixian e-commerce’s "second growth curve" has taken shape.

2. More decisive market play.
Once again, you can find an interesting thing by breaking and disassembling this financial report:

In the third quarter of 2022, the total operating expenses decreased by 33.1%, from 1.28 billion yuan in the same period of last year to 857 million yuan; Sales and marketing expenses were 564.8 million yuan, compared with 911.3 million yuan in the same period of last year, which was also shrinking.

This represents that at the critical moment of strategic transformation,Yixian e-commerce has a more decisive market play, and strives to make every penny spend on the cutting edge.

For example, during the Double Eleven period, the sales of Pink Bear Pico Bear X Sanliou co-branded products exceeded 20 million, ranking top 1 in Tmall’s lip glaze sales list; The sales volume of explosive silkworm pens in Odin, Jr. exceeded 10 million, and it became the list of explosive products of eyeliner of silkworm pens in Tik Tok and the category TOP1 of silkworm pens in JD.COM.

The data shows that during the reporting period, many of its brands have made outstanding achievements on the Tik Tok platform, and the live broadcast business in Tik Tok has also become a new growth engine of Yixian e-commerce.

In the third quarter, Perfect Diary Tik Tok channel achieved a year-on-year growth rate of ninety-seven percent, and the ranking of makeup shops rose from the third to the second.

In terms of brands, the new Odin Sleeping Silkworm Pen exploded in July, selling 30w+ pieces, and it ranked No.1; on the list of explosive products of eyeliner in Tik Tok. The total exposure of Pink Bear vibrato short video content exceeded 100 million in August, and the sales volume of the new product "Breathing Lip Glaze" ranked TOP1 within 30 days.

By incubating and absorbing new brands, Yixian has formed eight brand matrices of the Group.

More precisely, a multi-brand and group-based beauty company in transition is getting better and better, aiming to grow into a beauty group that understands needs, can innovate and has high quality.

Affected by multiple factors, the current offline retail and online ecology of beauty cosmetics have changed dramatically, and the overall GMV growth rate on the line has slowed down, and offline has been subjected to many tests of declining passenger flow.

The epidemic is a test for all enterprises. Is it just "surviving"?

Absolutely not.

The test is whether an enterprise has its own "immune" system and can return to a healthy state; What is more testing is the attitude towards the future.

In the context of the cold industry, Yixian e-commerce can adjust quickly, thanks to a key word: "hard power".

In research and development, Yixian e-commerce dares to save money, is willing to save money, and will also save money.

In the first three quarters of 2022, Yixian e-commerce invested more than 100 million yuan in R&D, and R&D expenses accounted for 3.83%. This investment ratio belongs to the head level in domestic beauty listed companies.

Look at last year, the annual R&D investment of Yixian e-commerce increased by 113.6% year-on-year, exceeding 142 million yuan.Even if it is taken out, it is not inferior to the global industry R&D investment.

The original open innovation system of Yixian, Open Lab, is different from the traditional closed R&D model, with Yixian e-commerce as the leading core, including the world’s top partners such as raw materials, R&D and production.

Take the small category of eye shadow as an example. At present, Yixian Open Lab has more than 500 exclusive raw materials, from matte to pearlescent, covering almost all the textures of eye shadow products.

In the traditional mode, brands will cooperate with some upstream suppliers through their own factories or OEMs, but the difference of Open Lab is that it can integrate brand research and development, and cooperate with each other from raw materials, formulas, production processes to quality inspection to jointly break through technical difficulties.

This is not a simple "template", but a real innovation.

Yixian e-commerce has established in-depth cooperation with many well-known institutions at home and abroad, such as Institute of Chemistry, Chinese Academy of Sciences, National Nano-drug Engineering Technology Research Center of Huazhong University of Science and Technology, Morin Technology Group, 3D Skin Research Institute of Medical College of Lyon University, France, and Naolys, a training institution in plant stem cell, France.

The new Perfect Diary Concealer also uses SmartLOCK? technology.

As of March 2022,Yixian e-commerce has 121 patents worldwide, including 39 invention patents, which is strength and confidence.

It can be seen from these that Yixian E-commerce has continuously deepened its research and development strength from single brand to multi-brand, from makeup to multi-category development, and aims to grow into a beauty enterprise with global career.

Conclusion:

The outbreak of the consumer side is also forcing the evolution of the production-side enterprises.

In the field of domestic beauty, many people are gearing up, and they don’t lose one move in technology, supply chain, talent, traffic and operational experience.

However, in the face-to-face training of young people, Yixian e-commerce has obviously formed its own unique product strength and values, and is very good at continuously iterating and updating products according to user feedback.

Might as well give domestic beauty a little time.

The future of China’s beauty brand has just begun.

Author | Zhang Yiqi

It is important for young people to buy "green" beauty cosmetics.

Guangzhou Daily News (all-media reporter Chen Xin) Nowadays, whether beauty brands practice the concept of "sustainability" has become an important factor affecting the purchase decision of the younger generation of consumers. Cosmetic eggs made of plant raw materials, lipsticks with "vegetarian" patented ingredients instead of animal ingredients, recyclable packaging containers … These products that combine beauty with "green" are winning the favor of young people more and more. The "green" low-carbon wind in China International Import Expo(CIIE) Beauty Zone is also the best epitome of global beauty brands practicing the "green" concept. The whole industry is making efforts to "green" from different dimensions such as composition, experiment and packaging.

When taking stock of the "achievements" of this "double 11" shopping festival, the "post-00" girl orange is most satisfied with the "green" beauty egg she bought back. In a well-known cosmetics retail store in a shopping mall in Tianhe business district, all-media reporters saw that the beauty eggs favored by oranges were placed in a conspicuous position in the store, and the advertising language on the billboard next to them declared that the beauty eggs were "green", pure and sustainable. The introduction of the salesperson in the store also explained the reason why the orange looked at it differently: in addition to greatly saving cosmetics, it also contained renewable plant ingredients, and the packaging jar was also made of recycled resin, and a more sustainable production process was adopted.

Orange told reporters that whether the product is "green" or not has become an important factor affecting her purchase decision.

There are many young consumers like oranges. In the store, the salesperson pointed to a skin care area popular with young people. This series of products used more than 90% natural ingredients, and some products used sugarcane residues to make degradable packaging materials. "Today’s young customers are more easily moved by the brand concept of’ natural’ and’ sustainable’, and they are actually integrating environmental protection concepts into their daily lives."

Corresponding to this attention, many young consumers are disgusted with ecological destruction. Mina is a "post-95" beauty lover. She told reporters that she has strict standards for brand selection, from ingredients to processes to packaging. "I once received a’ big hand’ luxury gift box. When I opened it, there was only a small tube of lipstick. In addition, it was all wrapping paper and dried flowers. It was really a waste. Since then, those over-packaged brands have been blacklisted by me. "

Then, in order not to be blacklisted by consumers and practice brand responsibility, how hard do beauty companies work?

This can be seen from the just-concluded Fourth China International Import Expo (hereinafter referred to as "China International Import Expo(CIIE)"). This year’s "China International Import Expo(CIIE)" is full of "green" and low-carbon wind, and the field of beauty cosmetics and daily chemicals is no exception. The "green" achievements are presented one by one, such as L ‘Oré al building an exhibition area with sustainable materials, Procter & Gamble launching an innovative e-commerce packaging "air capsule" and a "wild little green bottle" with recyclable and environmentally friendly aluminum bottles. In fact, this is just a microcosm of the "green" practice in the field of beauty.

Recently, Mintel, a global market research and consulting company, released "Global Beauty and Personal Care Trends in 2021", pointing out that future beauty brands will cooperate with more technology companies to help consumers obtain more transparent information and work together to reduce the environmental burden.

According to the actual situation of the domestic market, Pan Helin, executive dean and professor of the Institute of Digital Economy of Zhongnan University of Economics and Law, told reporters: "Although the awareness of environmental protection has been deeply rooted in the hearts of the people, for the vast majority of consumers, the most critical factor affecting the purchase decision is product utility. It is best to combine the concept of environmental protection with the utility of products, such as non-toxic, harmless, pure natural beauty of Xian Yi, old and young, and effectively increase the use income of consumers. "

Source: Guangzhou Daily

Medical reform in China accelerates the development of digital medical care! Lenovo’s leading technology helps hospitals upgrade.

At present, with the development of cutting-edge technologies such as 5G, artificial intelligence, cloud computing, big data, etc., in the process of promoting the upgrading of 5G+ in manufacturing, agriculture, energy, transportation and other industries, it has also accelerated its landing in medical scenes, and brand-new digital medical technology is continuing to advance in depth.

Today, as an important field involving people’s livelihood and health, the medical industry is the focus of investment by major countries in the world. The data shows that in 2022, the global health care expenditure increased by 30% to 10.06 trillion US dollars (currently about 75.66 trillion RMB). Among them, China has continued to increase its efforts. According to the Statistical Bulletin on the Development of China’s Health Care in 2022, the total national health expenditure in 2022 has exceeded 8 trillion yuan, which is initially estimated to be 8,484.67 billion yuan, accounting for 7.0% of GDP. Compared with 2021, the total national health expenditure increased by 12.2% in 2022.

At the same time, relying on the leading cutting-edge technologies such as 5G and artificial intelligence, China’s medical industry has ushered in an important development moment-a new era of digital medical care, which has greatly improved the diagnosis, treatment and surgery, and improved the accuracy and efficiency of medical care. For example, AI+ Pharmaceuticals has greatly improved the innovation speed of new drug research and development; 5G+ first aid can transmit the patient’s vital signs data and medical examination data such as B-ultrasound in the ambulance back to the rear hospital in real time, greatly improving the efficiency of first aid. ……

At present, many places in China are accelerating the development of digital medical care. For example, Chongqing’s implementation plan for further improving the medical and health service system in Chongqing will strive to become a national medical center and a regional medical center, improve the medical and health service system, and bring the main health indicators of the city’s residents to the national advanced level; Beijing issued the Implementation Plan of Beijing on Accelerating the Construction of a Global Digital Economy Benchmark City, which will accelerate the construction of digital hospitals and promote the popularization and application of digital medical technology and related intelligent medical terminals. ……

At the same time, China’s leading scientific and technological enterprises are also actively helping to realize the digital transformation and upgrading of the medical industry. For example, as a leading provider of intelligent infrastructure in the industry, Lenovo is relying on new IT technology and joining hands with xinyi city Hospital of Traditional Chinese Medicine to greatly improve the quality of medical services.

Xinyi city Hospital of Traditional Chinese Medicine (xinyi city Hospital of Traditional Chinese Medicine) was established in 1958, and now it is a leading 3A hospital focusing on the integration of traditional Chinese and western medicine. As a teaching hospital of Nanjing University of Traditional Chinese Medicine and Yangzhou University School of Medicine, xinyi city Hospital of Traditional Chinese Medicine provides modern medical treatment, conducts scientific research, and provides patients with rehabilitation, health care and prevention-oriented services.

Recently, xinyi city Hospital of Traditional Chinese Medicine moved its facilities to a new campus which covers an area of over 110,000 square meters and provides 900 beds. At the same time, as part of the wider reorganization of medical facilities in Jiangsu Province, xinyi city Hospital of Traditional Chinese Medicine was merged with the former railway hospital.

At present, with the development, xinyi city Hospital of Traditional Chinese Medicine is facing the test of upgrading IT infrastructure. From medical images to electronic health records, the data volume of xinyi city Hospital of Traditional Chinese Medicine is increasing rapidly, which puts extra pressure on the core applications and IT infrastructure that support the smooth operation of services and facilities.

Now, moving to the new campus provides an opportunity for xinyi city Hospital of Traditional Chinese Medicine to redesign the existing IT infrastructure to cope with data growth in advance. With the smart hospital service expected to generate higher-scale digital information in the next few years, xinyi city Hospital of Traditional Chinese Medicine decided to upgrade its servers and storage supporting its core activities through an infrastructure that can provide high availability, solid flexibility and seamless scalability.

Director of Information Department of xinyi city Hospital of Traditional Chinese Medicine said: "In order to ensure that we can provide quality care for patients around the clock, the IT infrastructure supporting our operation must be solid and reliable, and can be expanded in a cost-effective way when the data volume increases."

In this regard, xinyi city Hospital of Traditional Chinese Medicine chose to cooperate with Lenovo, the leading intelligent infrastructure provider in the industry. Lenovo has a strong successful experience in helping hospitals and medical institutions in China to upgrade their systems and embrace digitalization, and has provided leading solutions for xinyi city Hospital of Traditional Chinese Medicine, which has greatly improved its digitalization level.

Lenovo’s solution not only supports the rapid growth of data in xinyi city Hospital of Traditional Chinese Medicine, but also provides all-round availability and promotes innovation. Among them, xinyi city Hospital of Traditional Chinese Medicine was deeply impressed by the real-time monitoring function contained in Lenovo’s solution, which enabled the IT team of the hospital to identify potential problems before problems appeared, and adopt more active system monitoring and maintenance methods, thus giving full play to the maximum value of Lenovo’s system in the whole life cycle.

At the same time, Lenovo has also provided unique service support for xinyi city Hospital of Traditional Chinese Medicine, which can provide rapid and responsive support during and after the implementation. Director of Information Department of xinyi city Hospital of Traditional Chinese Medicine said, "It is a great advantage for us to know that Lenovo can provide local and face-to-face support when needed. If we encounter any problems, the team is always ready to help and provide professional guidance. "

Nowadays, with the support of Lenovo ThinkSystem server, xinyi city Hospital of Traditional Chinese Medicine can quickly and easily expand its system to meet the ever-changing needs.

Today, the deepening of digital transformation has brought new and efficient experiences to the medical industry. In the future, as a leading intelligent infrastructure provider in the industry, Lenovo will provide more powerful technical support for the medical industry and help China realize the new development of digital upgrade.

Man! City! Yes! Crown! Army!

In the 37th round of Premier League, 6 matches were finished:Nottingham Forest 1-0 Arsenal, Bournemouth 0-1 Manchester United, Liverpool 1-1 Aston Villa, Tottenham 1-3 brentford, Fulham 2-2 Crystal Palace and Wolves 1-1 Everton.

With Arsenal losing to Nottingham Forest, Manchester City won the Premier League title ahead of schedule this season and achieved the great cause of three consecutive championships!Nottingham Forest also successfully relegated, with Everton, Leeds United and leicester city vying for the last relegation spot. There is still a glimmer of hope for Liverpool to fight for four aspects.

Nottingham Forest 1-0 Arsenal

In the 19th minute, Odegard made a mistake in passing the ball, and Gibbs White counterattacked and assisted Awoniyi to score a goal, 1-0!

In the end, Nottingham Forest beat Arsenal 1-0. Avonii was elected the best player of the game.

Nottingham Forest has only 18% possession rate, which is the lowest possession rate of the winning teams in the Premier League since the statistics were available in 2003/04.

This game made Manchester City win the championship ahead of schedule, becoming the second team in the history of the Premier League to complete three consecutive championships. The first team was Manchester United (twice).

Nottingham Forest has been relegated one round ahead of schedule, which means that all three newly promoted horses have been relegated this season, which is the fourth time in Premier League history after 2001/02, 2011/12 and 2017/18.

Bournemouth 0-1 Manchester United

In the 9th minute, Eriksson picked the restricted area, Senesi made a mistake, and casemiro barbed the goal, 0-1!

In the 84th minute, Ouattara went straight to plug, and Moore’s single-pole push was blocked by Degea.

In the end, Manchester United beat Bournemouth 1-0 away. Luke Shaw was voted the best player in the game.

Manchester United scored 22 goals away from home in the Premier League this season. Only in 2014/15 did the team score even less (21 goals).

Bournemouth has lost 70 goals in the Premier League this season, tying the record of losing goals in the top league in the history of the team (70 goals in the 2018/19 season).

Degea won the Golden Glove Award for the second time in his career with 17 clean sheets, the first time being in the 2017/18 season.

Liverpool 1-1 Aston Villa

In the 20th minute, konate put Watkins down in the restricted area, Villa got a penalty, and Watkins took the penalty and missed.

In the 27th minute, Douglas Lewis crosses from the right, and Jacob Ramsey outflanks the goal, 0-1!

In the 55th minute, Mince cleared the goal and Gakpo made up the shot to break the goal, but Fan Dike was offside first and the goal was invalid.

In the 89th minute, Salah made a cross from the right, and firmino, who came off the bench, grabbed the goal and scored 1-1!

This is the 25th time that Salah and firmino have scored in the Premier League together (Salah assisted firmino 12 times and firmino assisted Salah 13 times).

In the end, Liverpool drew 1-1 with Aston Villa.Firmino was elected as the player of the match, completing the farewell battle of Liverpool’s career at Anfield.

Tottenham 1-3 brentford

In the 8 th minute, Kulusevsky volleyed a free kick and Kane scored a long-range goal, 1-0!

In the 50 th minute, Visa scored the ball, and Mbeumo scored a goal on the right side of the restricted area, 1-1!

In the 62nd minute, Hickey went straight for the goal, and Mbeumo pushed the goal from a small angle, 1-2!

In the 88th minute, brentford steals in front of the restricted area in the frontcourt, and Mbeumo assists Visa to push and shoot the goal, 1-3!

In the end, brentford reversed Tottenham 3-1 away. Mbueumo was elected the best player of the game.

Brentford won the 14th Premier League victory this season, surpassing last season (13 wins), which was the most in the top league since the 1938/39 season (also 14 wins).

This season, Tottenham is the second team in the Premier League to score 60+ goals and concede 62 goals. The first time was Tottenham in 2007/08.

Fulham 2-2 Crystal Palace

In the 34th minute, Ezer counterattacked the ball, and Edward volleyed the goal, 0-1!

In stoppage time in the first half, harry wilson was knocked down by Mitchell in the penalty area, and mitrovic hit a penalty kick, 1-1!

In the 61st minute, William made a free kick from the right and mitrovic headed the goal, 2-1!

In the 83rd minute, Ward’s shot in the restricted area was tackled, and he immediately made up the shot and broke the goal, 2-2!

In the end, Fulham drew 2-2 with Crystal Palace. Mitrovic was voted the best player in the game.

Mitrovic has scored 14 goals in the Premier League this season, and Fulham is second only to Dempsey (17 goals in 2011/12) and Berbatov (15 goals in 2012/13).

Fulham scored 54 goals in the Premier League this season, a record for the team in the Premier League, and a single-season top league record since the 1967/68 season (56 goals).

Wolves 1-1 Everton

In the 34th minute, armand traore broke through the shot and was tackled. Huang Xican made up the shot and scored a goal, 1-0!

In the 99th minute, michael keane knocked horizontally on the right side of the restricted area, and Mina volleyed the goal, 1-1!

Mina scored in the 98th minute and 54th second, which was Everton’s latest Premier League goal since accurate timing statistics were available in the 2006/07 season.

In the end, Wolves drew 1-1 with Everton. Mina was elected the best player of the game.

# So how can the Premier League not love #

Pochettino asked Chelsea to bring in Inter goalkeeper Onana.

Pochettino has agreed that Chelsea will sign Inter goalkeeper Onana this summer, while Eduardo Mendi and kovacic will leave Stamford Bridge.

Pochettino has agreed to start coaching the Blues next season, and he is expected to fly from Spain to England next week to finalize the terms of the deal and outline his requirements for the position of head coach.

Chelsea and Inter Milan have started talks on Lu Kaku, and Lu Kaku will return to Stamford Bridge after a season on loan. Lu Kaku joined Chelsea for 97.5 million pounds two years ago, but he returned to Inter Milan on loan before the start of this season because his performance failed to meet expectations.

The Blues hope to continue to invest this summer. It has been determined that the goalkeeper’s situation is a key signing area, and at least one of Kepa and Mendi will leave this summer. Inter Milan’s Onana is Chelsea’s main target, and the Blues are willing to exchange kovacic for the goalkeeper. Kovacic’s contract expires in 2024, but Lu Kaku’s future is still uncertain.

According to reports, Chelsea had previously offered to exchange Ruben Chick, Chaloba or Mendi for Onana, but it failed. Kovacic is the latest candidate proposed by Chelsea, and it is reported that he is open to the transfer.

Onana, 27, joined Inter Milan from Ajax last summer. He played for Ajax for 214 times, and this season he played for Inter Milan for 38 times.

Generative AI stands on the cusp: Silicon Valley bets that future technology giants will shuffle?

Generative AI is getting more and more popular. Is this really a good business?

Recently, AI painting is on fire.

By inputting some words, AI can generate an image that matches the words in a few seconds. These images are wild, and some are even bizarre. For example, people have extra fingers on their hands, and their fingers bend unnaturally. Even, AI can generate some meaningless billboards and alphabets that humans have never seen before.

Although AI painting is outrageous, it has set off a wave of science and technology: the spring of generative AI has come.

David Beisel, a venture capitalist at NextView Ventures, said that in the past three months, the word "generative AI" once became a hot word. Moreover, the generative AI technology has developed rapidly and the market enthusiasm is so high that many people even quit their jobs to start a business in this field.

There is no doubt that AI has been in a prosperous stage in the past five years or so, but most of these past advances have to do with understanding the existing data-for example, the AI model has been able to quickly and efficiently identify whether there are only cats in your mobile phone photos. However, the generative AI model generates something completely new that has never been seen before. In other words, generative AI is not just about analyzing existing data, but creating.

Boris Dayma, founder of Craiyon generative AI, believes that "generative AI is not only creating old images, but also creating many new things, which are completely different from what we have seen before."

Sequoia Capital also said in a blog post on its website: "Generative AI has the potential to create trillions of dollars in economic value." Sequoia Capital predicts that generative AI may change all industries that require human beings to create original works, from games to advertising to the legal profession. It is worth mentioning that Sequoia Capital also pointed out in its blog post that this message was partly written by GPT-3 (GPT-3 is a generative AI capable of generating text).

Working principle of generative AI

In the past, deep learning technology was widely used to train the model on large data sets. When the program understands the relationships in these data, the model can be applied to actual scenes, such as identifying whether there is a dog in a picture or translating text, and so on.

The working principle of the image generator is to reverse this process. For example, instead of translating English into French, it translates English phrases into images. Specifically, it usually has two main parts, one is to process initial phrases, and the other is to convert data into images.

At first, generative AI was based on a method called GAN, that is, the generative adversarial network. In essence, this method is to make two artificial intelligence models compete with each other to better create images that meet the target.

At present, generative AI is usually based on Transformer, such as image generator DALL-E and so on. DALL-E was first created by OpenAI in 2021, and in 2022, OpenAI released DALL-E 2.

Christian Cantrell, a developer who focuses on generative AI, said: "With DALL-E 2, we can really cross uncanny valley." (The Valley of Terror theory is a hypothesis about human perception of robots and non-human objects. It was put forward by Japanese robot expert Masahiro Mori in 1970. )

Another commonly used AI-based image generator is Craiyon (formerly known as DALL-E Mini), where users can enter phrases in the browser and see the illustrations it generates within a few minutes.

According to Dayma, since its launch in July 2021, Craiyon has produced about 10 million unprecedented pictures every day, which adds up to 1 billion. Earlier this year, the use of Crayon soared, and Dayma also took Crayon as its full-time job. In addition, Dayma has created a Twitter account to post the weirdest and most creative pictures generated by Craiyon. For example, ketchup comes out of the tap on the Italian sink.

In addition, Stable Diffusion has also received wide attention. The project was released in August this year and has been open source on GitHub. Developers can run the project on computers, not just in the cloud or through programming interfaces. For example, Stable Diffusion can be integrated into Adobe Photoshop by plug-in, allowing users to generate backgrounds and other parts of images, and use layers and other Photoshop tools to operate in applications.

Cantrell, the developer of the plug-in, said, "I want to meet these creative professionals, so that they can introduce artificial intelligence into their creative work, instead of destroying their work."

It is understood that Cantrell has worked for Adobe for 20 years. After leaving in 2022, Cantrell focused on the direction of generative AI. Cantrell said that Stable Diffusion has been downloaded tens of thousands of times, and artists told him that they used this plug-in in many unexpected places, such as making Godzilla animation or creating pictures of Spider-Man.

Start-up companies get together

Some investors regard generative AI as a potentially transformative change, just like the early development of smart phones or the Internet. This kind of transformation has greatly expanded the potential market of this technology.

"Before that, artificial intelligence was not unprecedented. Before 2007, we were not without mobile devices, "said Beisel, a seed investor." But at this moment, everything came together. The final consumer can experience and see something different from before. "

Cantrell believes that machine learning is similar to a more basic technology: database. "Machine learning is a bit like a database, which opens up a whole new world for network applications. All the applications we have used in our life are built on the database. But no one cares about how the database works. People only know how to use it. "

Michael Dempsey, managing partner of Compound VC, said that in the past, it was "very rare" for laboratory technology to enter the mainstream, but at present, generative AI has attracted wide attention of venture capitalists. Nevertheless, he warned that the current generative AI may be in the "curious stage" near the peak of the hype cycle, and the companies established at this stage may fail because they don’t focus on the specific uses that enterprises or consumers are willing to pay for.

Others in the industry believe that startups that can apply new technologies such as generative AI today may challenge technology giants such as Google, Meta and Microsoft in the future.

At present, many companies applying generative AI technology have already received large amount of financing, and their valuations have also risen. For example, earlier this year, Hugging Face was valued at $2 billion after receiving investments including Lux Capital and Sequoia Capital; OpenAI has also received more than $1 billion from Microsoft and Khosla Ventures.

In addition, according to Forbes, Stability AI, the developer of Stable Diffusion, is negotiating with investment institutions to raise up to $1 billion in venture capital.

Cloud vendors and chip vendors will benefit.

Besides start-ups, cloud service providers such as Amazon, Microsoft and Google can also benefit from it, because generative AI may require a huge amount of computation.

Meta and Google have also taken action and started recruiting talents. In September of this year, Meta released an artificial intelligence application called "Make-A-Video", which can generate videos, which makes the generative AI technology a step further.

"This is a great progress," Zuckerberg, CEO of Meta, posted on his Facebook page. "It is much more difficult to generate videos than photos, because besides correctly generating each pixel, the system must also predict how they will change over time."

Recently, Google matched with Meta and released a program code called Phenaki, which can also convert text into video and generate several minutes of footage.

This craze may also boost chip manufacturers such as Nvidia, AMD and Intel, because the advanced graphics processors produced by these companies are ideal for training and deploying artificial intelligence models.

At a recent meeting, Huang Renxun, CEO of Nvidia, emphasized that generative AI is the key use of the company’s latest chip, and he said that this kind of program may "revolutionize communication" soon.

At present, there are not many uses of generative AI that can generate commercial benefits. Many exciting breakthroughs today come from free or low-cost experiments. For example, some writers have tried to use image generator to generate images for articles. An example of Nvidia is to use a model to generate new 3D images, including people, animals, vehicles or furniture, which can be filled into the virtual game world.

Ethical issues can not be ignored.

While generating AI excites the industry, the ethical issues it brings are also worthy of attention.

The first is employment. Compared with professional illustrators, generative AI is obviously cheaper. Therefore, generative AI is likely to rob artists, video producers and other people engaged in creative work of their "rice bowls".

In addition, there are complex problems in originality and ownership of the content created by generative AI.

Generated AI is trained on a large number of images. Therefore, it is still controversial whether the creator of the original image has copyright requirements for the generated new image.

Some time ago, an artist won an art competition in Colorado, and his winning image was created by a generative AI named MidJourney. After winning, the artist said in an interview that he selected one image from hundreds of images generated by himself and post-processed it in Photoshop.

It is worth mentioning that some images generated by Stable Diffusion are watermarked, which indicates that some of the original data sets are copyrighted. Previously, Getty Images (a picture trading company based in Seattle, USA) announced that it was forbidden for users to upload generated AI pictures to its picture library, because the company was worried that there might be some copyright problems in such pictures. .

With the improvement of image generation software, generative AI may also deceive users, make them believe false information, or display images or videos of events that never happened.

In addition, developers must also deal with the possibility that models trained on a large amount of data may have biases related to gender, race or culture contained in the data, which may cause the models to show such biases in their outputs.

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Source: AI Frontline, author: Kif Leswing. If there is any infringement, please contact to delete it.