Yang Liu Profile picture
Apr 22 6 tweets 3 min read Twitter logo Read on Twitter
Didn't visit the #Shanghai #Autoshow, but here is a list of takeaways somebody wrote that's circulating on social media and getting a lot of nods.
I'll briefly translate.
1. EV are the future, the days of combustion engine vehicles are numbered. Image
2. Brand value of luxury brands such as #Benz and #BMW is the saving grace of combust engine vehicles
3. #Audi is lagging behind Benz and BMW, the conventional acronym of the big 3 lux brands of "BBA" is now "BB"
4. After 3 years of Covid, the latest development of Chinese EVs has shocked many foreign brands
5. Many foreigners are watching domestic brand cars with anxiety on their face
6. Japanese, Korean and French brands have little future in the Chinese market
7. #Ford's impact is minimal
8. Many brands that were once the fad have already disappeared
9. Domestic brands are competing so fiercely they are ready to satisfy any demand from consumers
10. With this level of competition, the winner will become a global industry leader
11. China has a wide range of consumer spectrum. Great Wall's #Ora is attracting huge crowds, to the amazement of peers
12. #BYD's Yang Wang is the biggest hit model in the show
13. There may be another chance for SAIC
14. Car models have largely disappeared from the exhibit
15. Vloggers are everywhere, leaving no angle uncovered
16. At a transmission vendor, passer-byes never even spared a glance
17. The world is changing and so are the rules!

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More from @yangliuxh

Apr 10
🧵
Just wrapped up a trip to Shenzhen to see how their tech companies are faring against the backdrop of the great tech decoupling. The companies we visited differed in field, size, and temperament, but some common traits were worth sharing.
1. The pressure of U.S. sanctions is acutely felt across industries. Foreign markets were forced to give up, access to hardware was lost, and many are bracing for more extreme measures as they expect the situation to further deteriorate. /2
2. Many lamented the decoupling as mutually harmful, saying they used to have sizable investments in the U.S. that generated good-paying jobs. "Practically every tech company has set up a lab in CA", someone told me, but the investment has all but evaporated. /3
Read 10 tweets
Dec 27, 2022
🧵
The 13th NPC Standing Committee held its 38th meeting today in Beijing. This is a thread of legislation and treaties it looked at and proposed actions.
1. Heard report on the draft amendment of the Legislation Law. Proposed to be further heard by 1st meeting of 14th NPC. (2nd hearing)
2. Heard report on the draft revision of the Wild Animals Protection Law. Proposed to be passed by this NPC Standing Committee. /2
3. Heard report on draft Reservists Law. Proposed to be passed by this NPC Standing Committee.
4. Heard report on the draft revision of the Company Law. (2nd hearing)
5. Heard report on the draft revision of the Counterespionage Law. (2nd hearing) /3
Read 8 tweets
Dec 27, 2022
🧵
Breaking: China's National Immigration Administration to update on Jan. 8 cross-border traveling policies following the Covid control policy change.
nia.gov.cn/n741440/n74154…
1. Resume issuing passports to Chinese nationals traveling abroad for tourism and visiting friends purposes; Resume issuing permits to mainland travelers traveling to Hong Kong for tourism and commerce purposes.
2. Resume extensions, re-issuance, replacement of visas, stay permits and residence permits for foreign nationals.
3. Resume issuing port visas. Resume 24/72/144 hr visa-free policies.
4. Resume issuing travel documents for entering and exiting China.
Read 4 tweets
Dec 26, 2022
Breaking: Covid-19 to be managed as Class II epidemic starting Jan. 8, according to NHC notice. This will bring about a number of policy changes. Image
Policy changes include 1. No more quarantines for Covid patients and no more determination of close contacts of Covid patients; 2. No more classification of high/low-risk zones; 3. Covid tests will become voluntary;
4. Adjust frequency and content of Covid-related information release; 5. No more preventative measures against foreign goods and travelers.

2023年1月8日起,对新型冠状病毒感染实施“乙类乙管”。依据传染病防治法,对新冠病毒感染者不再实行隔离措施,不再判定密切接触者;
Read 4 tweets
Dec 17, 2022
🧵
Came across a rather interesting video on bilibili (aka the "B-site") that tallied where its top video hosts are located.
The result is relevant because it provided an angle to observe which are China's most culturally and economically vibrant cities.
Before sharing results, just a backgrounder on bilibili.
It's a Shanghai company (important hint!) that's like China's youtube.
It's a late bloomer compared with Tudou & Youku, but it ultimately came out on top because of the close tie it cultivated with Gen-Z users./2
Of all 2559 hosts with 500k subscribers or above, Shanghai is in its own league with 441 (17.2%). Guangdong (298 11.6%), Beijing (295 11.5%), Zhejiang (264 10.3%), Jiangsu (161 6.3%) Sichuan (154 6%), Shandong (110 4.3%) Fujian (98 3.8%) Hubei (83 3.2%) Hunan (79 3.1%) are 2-10/3
Read 9 tweets
Dec 7, 2022
Thread
State Council releases new 10-point directive on Covid control:
1. High-risk zones shall be restricted with precision, may not be enlarged to cover entire communities and townships. Temporary lockdowns of any form are prohibited.
2. Reduce Covid test scale and frequency. No health code and covid test result checks except for senior homes, foster homes, medical facilities, kindergartens and schools. No health code and covid test result checks for travellers.
3. Covid patients with no or light symptoms may quarantine at home. Quarantine for Covid patients lifts after two consecutive test results of Ct above 35 on days 6 and 7.
Read 9 tweets

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