April 24 Macroeconomic index:From new material research and development to deepening multilateral cooperation

Latest Global Major Index

International Crude Price Trend & Exchange Rate of RMB to USD Trend

Domestic News

1. Shanshan Tech and OCSiAl developed a new generation of anode materials

2. ROX Motor will explore the American and African markets

3. Xi jinping: Tariff wars and trade wars undermine the legitimate rights and interests of all countries and undermine the multilateral trading system

4. China's independent quantum computer "Origin Wukong" has achieved a number of applications in the field of biomedicine

5. Tianyu Digital Technology will release the Behavision 2.0 Enabling Human-Robot-Interaction on April 28

 International News

1. The U.S. indiscriminate tariffs have been countered, and the industry has called for no tariffs on auto parts

2. Saudi Arabia and India agreed on cooperation in the field of energy

3. The number of foreign tourist arrivals in Vietnam exceeded that of Singapore in the first quarter

4. After seven months, the Asian interest arbitrage window of U.S. LNG has restarted

5. The Bank of England is expected to cut interest rates four times in 2025

Domestic News

1. Shanshan Tech and OCSiAl developed a new generation of anode materials

Recently, Shanshan Tech and OCSiAl have reached a strategic cooperation. The two parties will carry out in-depth technical collaboration on the application of single-walled carbon nanotubes in lithium battery anode materials, and promote the performance upgrade and mass production breakthrough of lithium battery materials. OCSiAl's core product, TUBALL™ accounts for more than 97% of the global single-walled carbon nanotube market.

2. ROX Motor will explore the American and African markets

At the Shanghai Auto Show, ROX Motor announced that it will further deepen its global layout, and in 2025, in addition to deeply cultivating the Middle East and Central Asian markets, ROX Motor will also actively explore the markets in the Americas and Africa. Up to now, ROX Motor has successfully entered nearly 30 global markets such as the Middle East and Central Asia. In terms of product planning, from 2025 to 2027, ROX Motor will launch a new model every year.

3. Xi jinping: Tariff wars and trade wars undermine the legitimate rights and interests of all countries and undermine the multilateral trading system

On the morning of April 23, President Xi Jinping held talks with Azerbaijani President Aliyev, who is on a state visit to China, at the Great Hall of the People in Beijing. The two heads of state announced the establishment of a comprehensive strategic partnership between China and Afghanistan. Xi Jinping pointed out that tariff wars and trade wars damage the legitimate rights and interests of all countries, undermine the multilateral trading system, and impact the world economic order. China is ready to work with the Arab side to uphold the international system with the United Nations at its core and the international order underpinned by international law, firmly safeguard its legitimate rights and interests, and safeguard international fairness and justice. After the talks, the two heads of state signed the Joint Statement of the People's Republic of China and the Republic of Azerbaijan on the Establishment of a Comprehensive Strategic Partnership, and witnessed the signing of 20 cooperation documents in the fields of the Belt and Road Initiative, justice, green development, digital economy, intellectual property rights, and aerospace.

4. China's independent quantum computer "Origin Wukong" has achieved a number of applications in the field of biomedicine

The reporter learned from the Anhui Provincial Quantum Computing Engineering Research Center that China's third-generation independent superconducting quantum computer "Origin Wukong" has made a number of application breakthroughs in the field of biomedicine. Origin Quantum has cooperated with Fudan University, Bengbu Medical University and other universities to successfully complete the quantum computing application verification of a number of key technologies in the biomedical industry, such as breast cancer mammography detection, small molecule drug design and crystal structure prediction, relying on "Origin Wukong", marking that China's quantum computing technology has officially entered a new stage of biomedical industrialization and application.

5. Tianyu Digital Technology will release the Behavision 2.0 Enabling Human-Robot-Interaction on April 28

Tianyu Digital Technology official micro display shows that the company will release Behavision2.0 on April 28, which will empower robot ontology enterprises by realizing cross-ontology interoperability in the field of embodied intelligence. It has three core capabilities: at the perception level, it is equipped with deep vision black technology to give the robot "spatial intuition"; At the inference level, through the integration of the "Tianxing" pedestal model and the "Wise Man's Thousand Questions" model, the "human-like thinking decision-making chain" was constructed. At the execution level, it supports cross-ontology response of humanoid, quadruped and other multi-form robots, and flexibly adapts to multiple scenarios.

International News

1. The U.S. indiscriminate tariffs have been countered, and the industry has called for no tariffs on auto parts

According to U.S. media reports on the 22nd local time, the heads of six organizations in the U.S. auto industry, including the International Automobile Dealers Association and the National Automobile Dealers Association, sent a letter to Treasury Secretary Bessent, Secretary of Commerce Lutnick and U.S. Trade Representative Greer, asking the Trump administration not to impose the 25% auto parts tariff that will take effect on May 3, saying that this move may jeopardize U.S. auto production. The letter notes that many automakers are currently "struggling" and cannot afford additional cost increases, leading to broader industry problems.

2. Saudi Arabia and India agreed on cooperation in the field of energy

According to the Saudi state news agency: Saudi Arabia and India agreed on cooperation in the energy sector, including the supply of crude oil and liquefied petroleum gas.

3. The number of foreign tourist arrivals in Vietnam exceeded that of Singapore in the first quarter

Singapore recorded 4.31 million foreign tourists in the first quarter of 2025, unchanged from the same period last year, while Vietnam received nearly 6 million foreign tourists in the same period. In the first quarter, China remained Singapore's largest source of tourists, with more than 830,000 visitors, up 5.8% year-on-year. This is followed by Indonesia and Malaysia. Vietnam welcomed 1.6 million Chinese tourists in the first quarter, making China its largest source of tourists, followed by South Korea, Japan, Cambodia, India, the United States and Australia.

4. After seven months, the Asian interest arbitrage window of U.S. LNG has restarted

According to analyst firm Spark Commodities, for the first time in seven months, LNG traders will be able to make more profit selling U.S. LNG cargoes to Asia than to Europe. The gas arbitrage window between the U.S. and Asia was opened as a series of production disruptions in Asia led to a reduction in short-term gas supplies in the Pacific basin, including Malaysia, Brunei and Australia. At the same time, gas prices in Europe have eased somewhat as gas inventories have been replenished and demand has weakened.

5. The Bank of England is expected to cut interest rates four times in 2025

Bank of America: The Bank of England is expected to cut rates four times in 2025 and another in September, up from the previous forecast of three rate cuts in May, August and November. The Bank of America lowered its forecast for UK economic growth to 1.1% in 2025.

Domestic Macro Economy Index