Femorning 12.20

Li Liang, TikTok"s vice president, clarified that the reported price war isn"t a traditional war but a result of cost-saving measures through tech innovation. China"s outward investment rose, with a focus on BRI and e-commerce. Real estate auction saw premiums, particularly in Hangzhou. The Ministry of Commerce announced initiatives to boost various economies and consumption. The launch of China Digital Logistics signals data-driven logistics advancements. Aircraft production hit new highs, while VR/MR devices grew 8.8% YoY. PC shipments in China experienced a slight decline but are forecast to rebound in 2025. Apple discusses integrating AI models with local tech giants.