Core Insights - Uzbekistan generates 14 million tons of municipal waste annually, with a recycling rate of only 5% [1] - The potential value of recyclable materials from paper, plastics, rubber, glass, and textiles is estimated at 1 trillion soums (approximately 790 million USD) [1] - There is significant development potential in the recycling of construction, chemical, electronic, technical waste, and industrial oils [1] Environmental Tax Measures - The government plans to impose an ecological tax on batteries, accumulators, vehicles, lubricants, packaging products, tires, rubber tubes, and glass products in the first phase [1]

人民财讯8月19日电，企查查APP显示，近日，比亚迪申请的"车辆漂移控制方法、车辆、电子设备和存 储介质"专利公布。企查查专利摘要显示，车辆漂移控制方法包括：基于车辆的驾驶状态信息，确定是 否存在漂移意愿；在确定存在漂移意愿的情况下，确定车辆的当前漂移角度；在当前漂移角度大于目标 漂移角度的情况下，基于当前漂移角度和目标漂移角度之间的角度差值，确定参数调节量，其中，参数 调节量包括驱动电机的扭矩调节量和后轴的转角调节量中的至少之一；基于参数调节量进行漂移控制， 以便降低车辆的漂移角度。本发明的车辆漂移控制方法使得车辆的漂移过程更加简单、更可控，降低了 漂移的门槛，提高了驾驶乐趣。 转自：证券时报 ...

天眼查App显示，8月19日，比亚迪股份有限公司申请的"车辆漂移控制方法、车辆、电子设备和存储介 质"专利公布。摘要显示，车辆漂移控制方法包括：基于车辆的驾驶状态信息，确定是否存在漂移意 愿；在确定存在漂移意愿的情况下，确定车辆的当前漂移角度；在当前漂移角度大于目标漂移角度的情 况下，基于当前漂移角度和目标漂移角度之间的角度差值，确定参数调节量，其中，参数调节量包括驱 动电机的扭矩调节量和后轴的转角调节量中的至少之一；基于参数调节量进行漂移控制，以便降低车辆 的漂移角度。本发明的车辆漂移控制方法使得车辆的漂移过程更加简单、更可控，降低了漂移的门槛， 提高了驾驶乐趣。 ...

Group 1 - The core point of the news is that Great Wall Motors Co., Ltd. has applied for a patent related to a battery heating control method and system, indicating its focus on improving electric vehicle technology [1] - The patent application, published as CN120462219A, was filed on June 2025 and pertains to the field of vehicle battery heating control technology [1] - The method described in the patent involves activating the battery heating function before vehicle startup when the high-voltage battery pack temperature is below a critical threshold, utilizing the engine to generate power for the air conditioning system to heat the battery pack [1] Group 2 - Great Wall Motors Co., Ltd. was established in 2001 and is primarily engaged in the automotive manufacturing industry, located in Baoding City [2] - The company has a registered capital of approximately 848.66 million RMB [2] - Great Wall Motors has invested in 75 enterprises and participated in 2,568 bidding projects, with a significant portfolio of 5,000 trademark and patent records, as well as 639 administrative licenses [2]

Core Insights - Cambodia's trade with ASEAN countries reached $9.67 billion in the first seven months of the year, marking a year-on-year growth of 5.2% [1] - The trade volume with ASEAN accounted for 26.3% of Cambodia's total international trade during the same period [1] Trade Exports and Imports - Exports to ASEAN amounted to $3.53 billion, reflecting a significant year-on-year increase of 17.8% [1] - Imports from ASEAN totaled $6.14 billion, showing a slight year-on-year decline of 0.9% [1] Major Trade Partners - Vietnam remains Cambodia's largest trading partner, with bilateral trade reaching $4.95 billion, up by 7.5% [1] - Thailand is the second-largest partner, with trade around $2.4 billion, experiencing a minor decline of 0.6% [1] - Singapore ranks third with a trade volume of approximately $900 million, increasing by 17.1% [1] - Indonesia is fourth with about $600 million in trade, down by 9% [1] - Malaysia holds the fifth position with trade also around $600 million, growing by 11% [1] Key Export and Import Goods - Major exports from Cambodia to ASEAN include agricultural products, clothing, footwear, bags, electronics, and bicycles [1] - Key imports from ASEAN consist of food and beverages, electrical and electronic equipment, construction materials, agricultural machinery, and vehicles [1]

Group 1 - The International Monetary Fund (IMF) has raised China's economic growth forecast for 2025 by 0.8 percentage points to 4.8% [1] - The revision reflects stronger-than-expected economic activity in the first half of 2025 and a significant reduction in US-China tariffs [2] - China's economic growth is primarily driven by exports, with a decline in exports to the US being offset by strong sales to other global regions [2] Group 2 - In the first half of 2025, China's GDP grew by 5.3% year-on-year, an increase of 0.3 percentage points compared to the same period last year [2] - Final consumption expenditure contributed 52% to China's economic growth in the first half of 2025, with retail sales of consumer goods reaching 24.55 trillion yuan, a 5% increase year-on-year [2] - The Chinese government plans to allocate 300 billion yuan to expand the "trade-in" program for vehicles and electronics to encourage consumer purchases [2] Group 3 - The IMF noted that the stability of China's foreign trade scale is evident, with imports and exports reaching a historical high of 20 trillion yuan in the first half of 2025 [3] - China's trade with countries involved in the Belt and Road Initiative reached 11.29 trillion yuan, growing by 4.7% and accounting for 51.8% of total trade [4] - The IMF anticipates that if trade negotiations yield breakthroughs, effective tariff rates may further decline, reducing trade barriers and promoting investment [4] Group 4 - The IMF has also raised its economic growth forecast for China in 2026 by 0.2 percentage points to 4.2%, reflecting the impact of lower effective tariff rates [4]

Group 1 - The U.S. Environmental Protection Agency (EPA) is proposing to repeal vehicle greenhouse gas emissions standards [1] - This proposal indicates a significant shift in regulatory approach towards vehicle emissions [1] - The potential repeal may impact the automotive industry and its compliance strategies [1]

Core Viewpoint - India claims that the 25% import tariff imposed by the United States on vehicles and certain auto parts acts as a protective measure [1] Group 1 - The U.S. has implemented a 25% import tariff on vehicles and some auto parts [1] - India perceives this tariff as a form of protectionism [1]

Group 1 - The macroeconomic analysis conference hosted by Peking University HSBC Business School focused on China's economic cooperation opportunities with Southeast Asia and the Middle East in 2025 [1] - The conference gathered over 160 experts from various sectors to discuss the economic situation of China and the Guangdong-Hong Kong-Macao Greater Bay Area in the second quarter of 2025 [1] Group 2 - Southeast Asia is projected to be the fifth-largest economy globally, with a GDP growth rate of 4.8% and export growth of 6.8% in 2024, alongside a 10% increase in foreign direct investment [4] - The Middle East accounts for 5.2% of global GDP and is a significant source of energy imports for China, with strong growth in imports of machinery and vehicles [4] - There is substantial cooperation potential between China and Southeast Asia/Middle Eastern countries in supply chain collaboration, digital economy, artificial intelligence, and energy transition [4] Group 3 - China's economic growth is expected to show a pattern of high growth in the first half and lower growth in the second half of 2025, with an overall target of around 5% for the year [5] - The use of targeted consumption vouchers is aimed at temporarily boosting consumption by increasing disposable income, but long-term strategies should focus on increasing income and reducing leverage [5] - There remains a demand for housing, with current policies favoring the second-hand housing market due to its advantages in availability and cost-effectiveness [5] Group 4 - The Guangdong-Hong Kong-Macao Greater Bay Area is experiencing growth supported by consumption, although there is a need to boost corporate investment confidence [6] - From January to May, consumer policies in Guangdong have shown significant effects, with a 6.79% increase in exports of machinery and electrical equipment [6] - The GDP growth for the Greater Bay Area in the second quarter is projected to be 4.3% [6] Group 5 - Key investment opportunities in the Middle East include agriculture, digital products in service trade, the second-hand car market, and manufacturing enterprises with advanced technology [8] - The population of the UAE is 12.5 million, with over 80% being expatriates, indicating significant opportunities due to the influx of people and capital [8] Group 6 - The global industrial transfer process has accelerated, with a decrease in China's share of U.S. imports and an increase in emerging economies like Bangladesh and India [9] - Strategies for China include focusing on trade negotiations, encouraging companies to explore overseas markets, and developing service trade to reduce trade deficits [9] Group 7 - The relationship between macro and microeconomic factors is crucial, with a focus on how weak private investment can lead to reduced employment opportunities and slower income growth [13] - The balance between domestic market development and international expansion is essential for sustainable growth, as seen in developed economies [13]

Group 1 - The core issue is that BMW North America is recalling 70,852 vehicles in the U.S. due to an increased risk of power loss, which raises the likelihood of accidents [1]