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An article in the Economic Daily pointed out that the recently issued "Action Plan to Boost Consumption" proposes creating a trustworthy consumption environment. It suggests implementing a three-year action plan to optimize the consumption environment, further improving systems related to quality standards, credit constraints, comprehensive governance, and consumer rights protection. To boost consumption, it is essential to make creating a safe, reliable, and convenient consumption environment a key measure, with a particular focus on building a trustworthy consumption environment. Promoting consumption should be combined with addressing institutional shortcomings, further enhancing quality standards, credit constraints, comprehensive governance, and consumer rights protection. For example, in response to new-type infringements such as big data price discrimination and AI face-swapping fraud, explicit prohibitive clauses should be added to relevant laws and regulations. To address the issue of high costs of rights protection, a public interest litigation fund should be established and improved to support collective consumer rights protection.
The Transition Period for the New and Old National Standards of Silver Nitrate Is About to End. What Is the Current Market Situation? [SMM Analysis] In October 2024, the new national standard for silver nitrate (GB/T 44758-2024) was released and is expected to be officially implemented on May 1, 2025. SMM has summarized the main differences between the new and old national standards after communicating and comparing with the market.
Weekly Overview of the LFP Market: March Growth Forecast Revised Downward [SMM Analysis]
【SMM Analysis Weekly Overview of LFP】Last week, the LFP market price continued the downward trend from the previous week. Raw material side, lithium carbonate prices fell by approximately 300 yuan/mt this week, accompanied by the recent implementation of increased processing fees for medium-high compaction products, leading to a slight increase in LFP bundled processing fees this week. Regarding lithium carbonate discounts, negotiations have not yet been fully concluded. Supply side, as of now, orders from some leading first and second-tier LFP material manufacturers have declined compared to the full production plans at the beginning of the month, with actual production falling short of the production schedule expectations, but overall, it still maintained an increase compared to February. Demand side, the overall production schedule of downstream battery cell manufacturers showed a significant increase compared to February, especially for products with high compaction density.
