Core Viewpoint - Beijing Economic-Technological Development Area (BDA) is launching a consumption promotion campaign titled "Yicai Welcomes the New Year · Coupons Enjoy Splendor" from January 1 to February 28, 2026, aimed at boosting consumer spending in the automotive, retail, and dining sectors [1][4]. Group 1: Automotive Sector - Consumers purchasing eligible vehicles can receive direct subsidies ranging from 1,500 to 10,000 yuan, with an additional 500 yuan for pure electric models, leading to a maximum discount of 10,500 yuan [3]. - Major automotive companies, including Xiaomi, Tesla, Mercedes-Benz, Audi, and BYD, are participating in this initiative [3]. Group 2: Retail Sector - The campaign features innovative retail consumption vouchers, including "Longzhu Discount Coupons" and "Group Purchase Universal Coupons," designed to enhance consumer engagement during the New Year and Spring Festival [3]. - Five major shopping malls are collaborating to offer diverse and creative voucher formats, aiming to stimulate holiday shopping activity [3]. Group 3: Dining Sector - The dining sector will utilize an online registration and lottery system for distributing dining vouchers, ensuring fairness and enhancing consumer experience [4]. - The second round of dining vouchers will be available for registration starting February 1, 2026, with a lottery draw on February 5 [6]. Group 4: Overall Strategy - The BDA's consumption promotion strategy will focus on three main lines: innovative models, key sectors, and the integration of culture, commerce, tourism, and sports [5]. - The campaign aims to create a vibrant consumption atmosphere during traditional peak seasons, thereby stabilizing economic growth expectations and enhancing residents' sense of well-being [4].

Group 1 - Uber will begin offering fully autonomous ride-hailing services in select areas of Abu Dhabi, marking a significant milestone since the introduction of drivered services nearly a year ago [1] - Passengers using the Uber app can select the new "autonomous driving" ride type, which is priced similarly to Uber Comfort, increasing their chances of being matched with a self-driving vehicle [1] - The current service area includes a 30-square-mile region where rides from Abu Dhabi airport and other routes will still have safety drivers [1] Group 2 - Uber sold its autonomous driving division in 2020 but has since formed over 20 partnerships to expand autonomous ride-hailing services globally, investing hundreds of millions in companies like WeRide [2] - The company has indicated that these investments may take years to yield returns due to the current scale of autonomous vehicles being far from the number of traditional taxis and ride-hailing vehicles in operation [2] - WeRide reported a net loss of 307 million RMB (approximately 43 million USD) in Q3, a reduction from a loss of 1.04 billion RMB in the same period last year, and has obtained autonomous driving permits in eight countries [2]