The reporter learned from Shanghai Customs today that Shanghai Port imported 504,400 batches of various legally inspected consumer goods last year with a value of 20.378 billion yuan, accounting for more than 40% of the national total and ranking first in the country in terms of scale.
Cryptocurrencies including Bitcoin fell as investor expectations for a rate cut from the Federal Reserve weakened. Bitcoin fell to $115,100, its lowest level since July 11. At the same time, Ethereum fell by about 2% and Ripple fell by more than 5%.
Bitcoin rose to an all-time high of $123,200 last week, continuing a steady upward trend driven by optimism about an improving U.S. regulatory environment and massive inflows into crypto investment products. However, Rachael Lucas, an analyst at cryptocurrency trading platform BTC Markets, said: “While the overall upward trend remains intact, momentum has weakened and traders have become more cautious.”
Data released on Thursday showed that the number of people filing for unemployment benefits in the United States for the week ended July 19 was 217,000, falling for the sixth consecutive week and still the lowest level since mid-April, lower than market expectations of 226,000 and the previous value of 221,000. In addition, the number of people filing for unemployment benefits in the United States fell slightly to 1.955 million in the week ended July 19, which was lower than market expectations of 1.96 million and the previous value of 1.956 million. Although weak hiring has made it difficult for many laid-off workers to find new opportunities, the number of Americans filing new claims for unemployment benefits unexpectedly fell last week, indicating that labor market conditions remain stable. Better-than-expected employment data also provided reason for the Fed to continue to act cautiously.
In addition, the market's bearish sentiment is also reflected in the derivatives market. According to prime broker FalconX, an unidentified speculator paid approximately $5 million in option premiums on the Deribit exchange to purchase a batch of Bitcoin put options expiring on August 8 with a strike price of $110,000.
IG Australia analyst Tony Sycamore said: “We expect Bitcoin prices to continue to consolidate before remaining below the current monthly trend line resistance of approximately $125,000.” He said that this trend line was the key technical level that prevented Bitcoin from continuing to rise last week.
State Grid Corporation of China resolutely implements the decisions and arrangements of the Party Central Committee and the State Council on stabilizing growth and expanding investment, and continues to regard expanding effective investment as a key task in business development. On the basis of achieving a "fast start" in January, the State Grid Corporation of China took advantage of the momentum in February to accelerate the construction of power grids at all levels, and fixed asset investment achieved "acceleration". Statistics show that from January to February, a total of 75.7 billion yuan of fixed asset investment was completed, a year-on-year increase of 80.6%. The basic support of the power grid and the pulling effect of investment were significant.
The 1000 kV Yanwei high-voltage AC power transmission and transformation project under construction
Since the beginning of the year, State Grid Corporation of China has coordinated safety, quality and progress, vigorously promoted the construction of UHV and main grids, implemented a number of production technology transformation and distribution network infrastructure projects, continued to optimize the backbone power grid, ensured reliable power supply, accelerated the comprehensive green transformation, and injected strong impetus into high-quality economic and social development.
We will build strong projects such as ultra-high voltage and pumped storage energy. The "eight intersections and four direct lines" UHV projects under construction by State Grid Corporation of China and related flexible mutual aid projects, as well as 37 pumped storage power station projects, are progressing as planned. The State Grid Corporation of China has made advance plans for work resumption before and after the Spring Festival. From February 24, it dispatched a supervision team to the front line to carry out special supervision, supervise the comprehensive implementation of the "Five Basic Conditions for Resumption of Work" and standardized resumption procedures on site, and strictly carry out comprehensive capability assessments of work teams to ensure that all projects can resume work and production as soon as possible safely and efficiently.
Employees of Jiangsu Provincial Power Transmission and Transformation Co., Ltd. connect voltage transformers and arresters at the site of Yancheng Gaorong 500 kV power transmission and transformation project
The construction of power transmission and transformation projects from 35 kV to 750 kV has been steadily advanced and achieved phased results. State Grid Corporation of China has deepened the operation of hierarchical and classified management and escalation control mechanisms for projects, promoted the orderly approval and construction of projects, scientifically arranged project progress plans, and strived to achieve a balanced rhythm of tasks. In February, the Qujiang pumped storage 500 kV transmission project in Zhejiang and the main transformer expansion project of Fule 500 kV substation in Sichuan were put into operation. The 500 kV power transmission and transformation project of Aqi Beifeng Collection Station in Chifeng, East Mongolia and the 500 kV power transmission and transformation project in Xingbei, Hebei are being accelerated as planned.
In terms of power grid production technical transformation and distribution network infrastructure projects, State Grid Corporation of China plans overall arrangements for the year, strictly implements the work plan, implements classified policies to efficiently promote key links such as project procurement, construction, and settlement, promotes project progress in an orderly manner, and drives coordinated development of the entire chain and industry. As of March 6, State Grid Corporation of China has started 160,000 power grid production technology transformation and distribution network infrastructure projects, with a total investment of 33.73 billion yuan completed, a year-on-year increase of more than 150%.
State Grid Xinyuan Jiangxi Fengxin pumped storage power station upper reservoir construction area
The State Grid Corporation of China will conscientiously implement the spirit of the National Two Sessions, coordinate the annual investment plan, continue to accelerate the construction of power grids, give full play to the leading role of the industrial chain, effectively ensure national energy security, serve the green and low-carbon transformation, and provide dynamic support for achieving a good start in the "15th Five-Year Plan".
According to data predictions from the "2019 China Automotive Aftermarket Industry Research Report", the size of my country's auto aftermarket market in 2018 will reach 120 million yuan, which is about half the size of the U.S. aftermarket. However, the number of companies in my country's aftermarket has reached twice that of the United States, and the market share of 4S stores in China's market structure is as high as 77%, far exceeding the foreign level of about 30%.
Cluster Chebao, which 36Kr recently came into contact with, is an Internet empowerment platform for the automotive aftermarket industry. It helps auto service stores transform and upgrade through the S2B2C model to output standardization, digitization, informatization and intelligence, improve upstream and downstream efficiency of the industry chain, reduce costs, and improve user service experience. Its business areas include car beauty, repair, sheet metal painting, car modification, second-hand cars, car insurance inquiry, roadside assistance and other automotive aftermarket services.
There are a huge number of service providers in my country's automotive aftermarket, but the market share is still firmly occupied by a few brands such as 4S stores. Auto parts repair stores mainly exist in scattered forms such as mom-and-pop shops. Scattered B-end stores do not have symmetrical spare parts information and internal management capabilities, and customer retention rates are generally low. my country's current car ownership has increased year after year since 2010, reaching 250 million in 2019. However, because the warranty period of original parts is about 4 years, the growth of the automotive aftermarket will have a lagging effect. If individual stores want to seize the growth points of the automotive aftermarket in recent years, they urgently need stronger supply chain integration capabilities and corporate management capabilities to improve service quality. According to data from the "2019 China Auto Users Online Maintenance Report" compiled and released by Tencent, the market penetration rate of online car maintenance outside the 4S store system has reached 16% in 2018, far exceeding the 5% in 2015. The overall online channel in the auto maintenance market has shown a significant upward trend.
Cluster Chebao integrated system architecture diagram
Auto parts maintenance is an asset-heavy and highly regional industry. If an enterprise wants to expand and replicate quickly, it will face higher direct operating costs and restrictions on cross-regional expansion. Therefore, we have noticed that many after-market service companies expand their markets through franchises and joint ventures and export their production and operation models. Since its establishment in 2013, Cluster Chebao has mainly been engaged in self-operated store business and has been intensively deployed in Guangzhou. After integrating the supply chain and management system, Cluster Chebao focuses on the output expansion of the model. Due to the asset-heavy nature of after-market services, self-operated expansion is no longer the fastest way to implement it. It has begun to implement through franchise and joint venture platform expansion.
Cluster Chebao currently has 135 stores, 86 of which are directly operated stores. Combined with the agglomeration of the automobile manufacturing industry in Guangzhou, the initial cluster Chebao conducted self-operated store business through self-built intelligent warehouse distribution, logistics and direct sales supply chain models. At the same time, it developed an independent ERP system to link stores and headquarters, and independently developed an enterprise SaaS system for auto repair and auto parts. 36Kr once conducted an exclusive interview with Cluster Chebao after it completed its Series A financing in 2016 (for more information, please click here). At this time, the Cluster Chebao development center focused on the integration of the automotive aftermarket supply chain and the expansion of the direct operation model, and established a service platform for vehicle model data and accessories data.
Cluster Chebao S2B2C model diagram
In 2019, Cluster Chebao is already replicating the model and exporting the supply chain and management platform built by its 7 years of data accumulation. The average output value of a single store of its direct-operated stores is about 280,000 yuan. Currently, franchisees are concentrated in individual auto repair stores in Foshan, Guangzhou. Cluster Chebao is also gradually exporting its model through urban partners in Hunan and Guangdong provinces. Franchisees can obtain corresponding maintenance standards, supply chain, information systems, training, logistics and warehousing through the platform. After traditional small and medium-sized stores join the cluster car insurance platform, they still maintain their original brands and stores for operations.
Gao Qunqun, founder and CEO of Cluster Chebao, told 36Kr that Cluster Chebao’s empowered franchise model is the transformation and upgrading of existing stores. Franchisees will use its supply system, ERP system, SAAS system, training system, insurance platform, and second-hand car platform. The S2BSC model is different from the B2C platform. The B2C platform mainly obtains profits from selling auto parts, while the S2B2C model integrates upstream suppliers and downstream terminal auto service stores, and then expands it with value-added services in the aftermarket. Franchisees do not simply obtain the upstream supplier information of Cluster Chebao. They do not need to directly purchase auto parts. Instead, they obtain the goods and sell them through the Cluster Chebao platform. This can reduce the franchisee's operating costs and alleviate the franchisee's capital turnover problem. In terms of maintenance services, Cluster Chebao has established a remote technical diagnosis center to solve technical service problems for some difficult and niche vehicles. Currently, China-Taiwan data includes 308 vehicle brands and electronic catalog information of 1.6 billion parts.
Different from the traditional platform profit model, which mainly focuses on franchise fees, Cluster Chebao's existing model does not charge franchise fees, but obtains benefits through later service fees. Gao Cluster believes that the franchise service fee is more similar to a one-time deal, which will increase the cost of opening a small and medium-sized store and is not conducive to the joint growth of the platform and the store. In addition, Cluster Chebao hopes to lower the entry threshold by waiving franchise fees and reduce the initial investment pressure on store owners. Gao Cluster told 36Kr that Cluster Auto Insurance has reached an agreement with the Bank of China for a total credit of RMB 100 million for franchise stores, and each store has a loan limit of RMB 300,000.
Cluster Chebao's aftermarket service model was first promoted in Guangzhou and Foshan. It plans to establish 20 stores in large districts and about 10 stores in small districts and counties. Currently, there are 49 franchised joint stores. Cluster Chebao has applied for the school license of the "Guangzhou Cluster Car Insurance Auto Training Institute" in 2019, and plans to deploy a school on the automotive service industry chain in 2020.
Cluster Chebao’s franchise stores obtain customers through the following three methods:
1. Regional traffic. The regional attributes of offline stores in aftermarket services are relatively strong, and Gao Cluster believes that on-demand traffic will still be the first source of traffic for stores.
2. Import traffic from B-side partners. Cluster Chebao cooperates with insurance companies (People's Insurance Company of China, Ping An, China Life, etc.), automobile service companies (Sinopec), and financial institutions (China Construction Bank, ICBC, Postal Savings Bank, etc.) to achieve the purpose of traffic exchange. Cluster Chebao will serve as a landing point for road rescue, repair and maintenance, financial derivative services for insurance companies, and value-added services for oil companies. It will also reverse traffic exchanges for partner companies to provide insurance services, financial value-added services, etc.
3. Platform traffic diversion for clustered auto insurance self-operated stores. 36Kr learned that compared with the general repurchase rate of about 20% on industry platforms, the repurchase rate of Cluster Chebao’s current self-operated stores has reached 45%, with 1.12 million registered members on the platform, of which 420,000 are members who spend 1,000 yuan per year.
The automotive aftermarket has the characteristics of focusing on services, many processes, long chains, and strong regional characteristics. Chinese consumers attach great importance to brands, and the automotive aftermarket will further see a cluster of leaders in the future. The existing market is largely occupied by 4S stores due to consumers' maintenance period and brand dependence. However, in fact, the existing vehicle sales, inventory, turnover, capital, maintenance and other businesses of 4S stores are already separated, and the bundled sales model is also well known to consumers. In addition, 4S stores cannot perform cross-brand maintenance due to brand attributes, which actually wastes a lot of production resources and customer flow. my country's automobile market has gradually seen the separation of sales and after-sales.
In the auto parts field in the United States, there are already several unicorn companies with a market value of over 10 billion, such as Auto Zone, and in the maintenance services field, there are also leading manufacturers such as Valvoline. Internet unicorns such as Alibaba and Tencent have plans in the automotive aftermarket, but they are currently in a bottleneck period with poor customer stickiness. This also reflects that what the aftermarket lacks is not traffic, but how to retain users. The core contradiction in the industry still focuses on supply chain and service efficiency issues.
In China's automobile maintenance market, the independent aftermarket system accounts for as much as 75%. However, the independent aftermarket often uses auto parts that are not authorized by the original OEM for maintenance. Quality issues have also been criticized in the past few years. In recent years, the regulatory standards related to auto parts have been continuously tightened. Most auto parts are processed by several OEMs. Therefore, the gap between original parts and non-original parts is reflected in the price, and the brand premium is very high. The emergence of clustered auto parts platforms will bring more unified standards and pricing systems to auto parts manufacturers that are not authorized by the OEM. Platform operators will have higher bargaining power, which is something that scattered independent aftermarket service stores do not have. However, through platform layout, they can enjoy this level of benefits.
According to 36Kr, Cluster Chebao completed an angel round financing of 10 million yuan in March 2014; in January 2016, Cluster Chebao received a 100 million yuan Series A financing led by Shangxin Capital, with personal participation from Zhu Jia, managing director of Bain Capital; in June 2017, it received a 50 million yuan A+ round of financing from Pansheng Capital. In 2018, Baidu and Tencent invested in Tuhu car maintenance, which has demonstrated the enthusiasm of capital for this track. However, pure Internet companies do not have the ability to compete independently. Tuhu entered the market with tire products in the early days of car maintenance. It gradually expanded based on the online transaction + offline installation model and already has a very strong traffic pool. However, Cluster Chebao, through self-operated stores, replicates the model from the perspective of its own car owner traffic, warehousing and logistics, finance, auto parts supply chain and services, and seems to have broader experience in auto parts maintenance categories and implementation experience.
On the relevant track, there are also simple cars with car sales in the sinking market as the core selling point, as well as the chain brand Shenqi Online. At the beginning of its establishment, Cluster Chebao did not directly expand its platform similar to existing Internet car after-sales service providers. Instead, after several years of development of self-operated stores, it built its own supply chain system and management system, breaking away from the services of third-party auto parts centers. As more and more cars leave the 4S store maintenance period, the independent after-car service market is about to enter the stage of platform integration. The self-operated accumulation of Cluster Chebao will be the moat between it and the pure Internet platform.
With the improvement of living standards and the enhancement of health awareness, consumers' requirements for the quality of milk powder are no longer limited to deliciousness and nutrition, but have also risen to the ultimate pursuit of targeted nutritional supplements for milk powder categories. Camel milk and its products are favored for being rich in nutrients such as high vitamin C, iron content and insulin-like factors. Camel milk powder using raw camel milk as the main raw material is known as the "gold in milk" and has become the new favorite of many middle-aged and elderly consumers. On February 8, 2026, the one-year buffer period of the "National Food Safety Standard Milk Powder and Modulated Milk Powder" (GB 19644-2024), known as the new national standard for milk powder, ended. In order to further understand the current situation of the camel milk market, a reporter from Beijing Business Daily conducted an early investigation of camel milk powder on the e-commerce platform and found that chaos still occurs frequently in the market despite the surge in demand, and the industry urgently needs to strengthen supervision.
The "fourth" number in the ingredient list
Original imported, drinkable desert "gold" exclusively for the Sheikh of Dubai...
On the eve of "March 15", a reporter from Beijing Business Daily searched for "camel milk powder" on an e-commerce platform. The various slogans were dazzling. The investigation found that an e-commerce platform was flooded with a large number of "wrong" camel milk powder, ranging from tens to hundreds of yuan.
In a store called "Tuobao Food Flagship Store", the best-selling "Selenium-rich Probiotic Camel Milk Nutritional Powder" is priced at 88 yuan/can for a 1kg can, and as low as 59 yuan/can for a 3-can pack. At present, the product has sold over 10,000 yuan online, ranking fourth on the best-selling list of camel milk powder. Also at the top of the list is another product in its store, "Calcium Probiotic Camel Milk Nutritional Powder", which has sold more than 30,000 orders.
On the packaging of the "Tuobao" product, there is a pattern of a Bactrian camel printed on it. At first glance, it looks like "Camel Milk Powder", but if you look closely at the small words next to it, you can see that the product category is "Sports Nutritional Food (Energy Supplement)". In the comment area, many consumers bought it as camel milk powder.
"Camel milk nutritional powder", what is the content of camel milk powder? A reporter from Beijing Business Daily learned that the first three ingredients in this product are whey powder, milk-containing base powder, and isomalto-oligosaccharide, and the fourth is full-fat camel milk powder.
According to the "National Food Safety Standard Milk Powder and Modulated Milk Powder" (GB 19644-2024), which was officially implemented on February 8, 2025, "raw cow (goat) milk" in the definition of raw materials was expanded to "raw milk". Milk powder produced by specialty dairy animals such as yak milk, camel milk, donkey milk, and horse milk is also included in the national standard system. It stipulates that the prepared milk powder must use a single variety of raw milk or dairy products as the main raw material, and other added raw materials must not contain other types of dairy products, and the milk solids content from the main raw materials should not be less than 70%. It is questionable whether the proportion of whole-fat camel milk powder in the ingredient list of the above-mentioned "Tuobao" product reaches the standard.
The store selling "Tuobao" calls itself the "Xinjiang Genuine Official Flagship Store." A Beijing Business Daily reporter opened the store's industrial and commercial qualifications and showed that its operator is "Guangzhou Debolai Biotechnology Co., Ltd." Tianyancha shows that the company was established in 2017 and is an enterprise mainly engaged in technology promotion and application services. In fact, a "Xinjiang Desert Tuobao Brand Management Co., Ltd." registered by the controller was canceled in 2025 after the company showed "abnormal operations."
A reporter from Beijing Business Daily also found that the phenomenon of "camel treasure" is not an isolated case and is more common in imported camel milk powder. For example, in the DNG overseas flagship store, a 430g can of "DHA probiotic selenium-enriched full-fat camel milk powder" claimed to be imported from the United States costs 131.94 yuan.
A Beijing Business Daily reporter asked the store’s customer service staff and learned that the main ingredient of the product is full-fat camel milk powder, accounting for 38%, followed by desalted whey powder and concentrated whey protein powder, accounting for 15% and 13% respectively. The above three main ingredients account for 66%. DNG customer service staff said, “Desalted whey powder and concentrated whey protein powder are extracted from milk.” According to the "National Food Safety Standard Milk Powder and Modulated Milk Powder" (GB 19644-2024), camel milk powder must use raw camel milk as a "single milk source" as the main raw material, and other added raw materials must not include other types of dairy products. However, the desalted whey powder and concentrated whey protein powder in the ingredient list of the above products come from cow milk, which is inconsistent with the national standard definition of "single milk source".
According to the official website of DNG (Deanjian), it was founded in Hong Kong, China and is committed to developing into a large-scale modern health brand integrating innovation and scientific research. DNG is a well-known brand in dietary nutritional supplements in the Asia-Pacific region. It has a series of products such as NMN, hirudin, ginsenoside, artemisinin, and human immunoglobulin. In other words, camel milk powder may not be DNG’s strongest area.
Regarding the above issues, a reporter from Beijing Business Daily sent an interview letter to DNG via email, but had not received a reply as of press time.
The universal "niche milk" in the live broadcast room
In recent years, "niche milk" represented by camel milk has become a hot item, with various slogans on various social platforms, e-commerce platforms, and live broadcast platforms, and many consumers have been deceived.
In March 2025, consumers complained about the camel milk of "Gu Zhanggui" on the Black Cat Complaint Platform. "Food is sold as health care products, and health care products are sold as medicines. The efficacy of the products is exaggerated, the ingredients of the products are unknown, and the prices are inflated, misleading consumers."
A reporter from Beijing Business Daily opened Gu Zhanggui's live broadcast room and found that it was suspected of having obvious propaganda effects. It used abbreviations such as "sugar", "pressure" and "fat", and words such as "free of effort" and "insomnia", implying that it is suitable for people with "three highs" and "low immunity". Some products sold in the live broadcast room exceeded 100,000 pieces.
Shopkeeper Gu claimed that “camel milk products have ranked first in sales for three consecutive years,” but a reporter from Beijing Business Daily opened the store’s industrial and commercial qualifications and showed that its company name is “Zhengzhou Tutuge Food Co., Ltd.” Tianyancha shows that the company was established in 2026.
Public information shows that camel milk powder is a dairy product made from camel milk. It is rich in high-quality protein, calcium, iron and a variety of active ingredients, which helps enhance immunity. It also contains unique lactoferrin and lysozyme. Its nutritional value is higher than ordinary milk powder, and it is known as the "gold in milk."
Regarding the claim that camel milk powder can cure the "three highs", Zhong Kai, director of the Kexin Food and Health Information Exchange Center, believes that camel milk powder only has high content of some ingredients, is easy to absorb, and has no special nutrients.
A senior nutrition industry expert also told a Beijing Business Daily reporter, "The ingredients of camel milk powder will have a lower lactose content, which is more suitable for people who are lactose intolerant and need to control sugar. In addition, its fats are mostly unsaturated fatty acids, which are relatively healthy. But it is just that these nutrients are more suitable for (the above-mentioned people), not that it can be treated."
Some research reports also warn about the consumption of camel milk powder. High protein intake may increase the burden on the kidneys and cause gastrointestinal discomfort such as bloating and diarrhea. In addition, people allergic to camel milk should not consume it.
Low price that cannot withstand scrutiny
As the country strengthens supervision of milk powder and prepared milk powder, the implementation of old national standards such as "GB 19640", the camel milk content in ingredients is less than 70%, or the inclusion of whey protein powder/oat powder as the main ingredient has become a typical camel milk powder marketing chaos. Under the clear requirements of the new national standard, some businesses still choose to take risks.
"Due to the low yield of camel milk, it is almost an open secret in the industry to mix camel milk ingredients with cow milk ingredients, or add whey powder, milk-containing base powder, etc. to pass it off as pure camel milk powder." A Yuan (pseudonym), an industry insider with eight years of experience, hit the nail on the head. There are two types of camel milk powder, one is pure camel milk powder or raw camel milk powder, which means that the ingredient list is 100% organic raw camel milk without adding any other substances, so you can basically buy it with confidence; the other is formula camel milk powder, also called modulated camel milk powder, which is the easiest to confuse.
Song Liang, a senior dairy industry analyst, told a Beijing Business Daily reporter, "In recent years, the camel milk market has been very chaotic and full of fake and shoddy products. Unscrupulous traders use various methods to sell inferior camel milk powder."
In 2022, the Food and Agriculture Organization of the United Nations counted that there were about 20 million camels in the world, producing only 5.4 million tons of milk every year, most of which was consumed by young camels. In China, camels are mainly free-range or semi-free-range. The breeding cycle is long, and the market demand is far greater than the number that breeding ranches can supply. The annual and quarterly product sales, amounts and growth rates promoted by some dairy companies are seriously inconsistent with the scale and output of breeding.
Taking domestic adult milk powder as an example, the price of 800g is 70-80 yuan/can, while the price of imported adult milk powder is 100-160 yuan/can. In contrast, Original Gold, which is known as "the number one in camel milk sales in the country", sells a 330g prepared camel milk powder for as high as 338 yuan per can. Camel milk powder costing tens of yuan often comes with consumption traps.
Song Liang did some calculations for a Beijing Business Daily reporter: The cost of camel milk powder includes raw material fees, processing fees, packaging fees, transportation fees, etc. Under normal circumstances, 8kg of fresh camel milk can produce 1kg of camel milk powder. Based on the average price of 1kg of fresh camel milk in 2024 (summer production is high and the price is low, winter production is low and the price is high), the cost of 1kg of camel milk powder is about 304 yuan. The processing fee for camel milk powder is about 6,000-8,000 yuan/ton. Including packaging, transportation and other costs, the cost of a 330g can of camel milk powder is 150-200 yuan.
Another milk powder practitioner also calculated that a 330g can of prepared camel milk powder may cost tens of yuan based on 30% full-fat camel milk powder.
Tu Panyue, a lawyer at Shanghai Guangming (Hefei) Law Firm, said that camel milk powder is essentially an ordinary nutritional dairy product. Its nutritional content can only provide dietary supplements for specific groups of people. It has no role in disease prevention, improvement, or treatment, and cannot be equated to health products or medicines. There is currently no authoritative medical data proving that its nutritional value is significantly different from that of cow or goat milk. Therefore, we should be cautious as to whether it contains ingredients suitable for special groups such as the third-highest level.
Tu Panyue said that according to relevant laws and regulations such as the Advertising Law of the People's Republic of China, the Regulations for the Implementation of the Food Safety Law of the People's Republic of China, ordinary foods (including prepared camel milk powder) that have not obtained the "Blue Hat" certification of health food must not claim or imply that they have health care functions, let alone disease prevention and treatment effects, nor may they express or imply that the product has disease-improving effects through expressions such as "suitable for people with three highs", "improving osteoporosis", "regulating the spleen and stomach", etc. This is an obvious act of advertising and false propaganda. At the same time, some products confuse the concepts of "modulated camel milk powder" and "pure camel milk powder", exaggerate the ingredient content, fabricate nutritional benefits, and even pass other milk powder as camel milk powder and falsely label the content. This is not only suspected of false propaganda, but also involves product quality fraud, seriously infringing on the legitimate rights and interests of consumers.
Tu Panyue believes that whether it is traditional cow milk powder or camel milk powder, the core value is to supplement daily nutrition, rather than to be a "magic medicine". The root cause of some market chaos is that some businesses take advantage of consumers' health anxiety to carry out illegal propaganda, which must be strictly supervised. For ordinary consumers, they need to look for the new national standards when purchasing and make rational purchases.
"Before the country issued relevant standards, the chaos in the industry was even more serious. Now, although there are standards, the intensity of supervision is still limited, resulting in frequent chaos. With the continued attention and supervision of all parties, it may accelerate the development of the entire industry towards standardization, specialization, and branding." said Zhu Danpeng, an analyst in China's food industry.
On March 8, as the last group of viewers reluctantly left the exhibition hall of the Shanghai Art Museum (China Art Palace), "The New Life - Centenary Exhibition of Guangdong Art" officially came to an end. This art feast, which will last for nearly five months starting from October 18, 2025, presents a "visible century-old history of Guangdong art" to audiences in Shanghai and across the country, and also connects the cultural dialogue between Shanghai and Guangdong that has lasted for a century. The Shanghai Station has set a record for the exhibition's largest exhibition scale, largest number of visitors, and widest communication influence over the years. It has received a total of more than 550,000 visitors, held more than 100 diversified public education activities, and the entire network has exceeded 1.018 billion. It has become a high-profile event in Shanghai's cultural and art circles recently.
A historic handshake between two pioneers, an artistic dialogue spanning a century
As an important event of the 24th China Shanghai International Arts Festival "Guangdong-Hong Kong-Macao Greater Bay Area Culture Week", "The New Life - Centenary Exhibition of Guangdong Art" is guided by the Propaganda Department of the Guangdong Provincial Party Committee, the Guangdong Provincial Department of Culture and Tourism, and the Guangdong Provincial Federation of Literary and Art Circles, and co-sponsored by the Guangdong Museum of Art, the Shanghai Art Museum, and the Guangdong Artists Association. The exhibition lasted for 141 days, opening in the final year of the "14th Five-Year Plan", extending to the beginning of the "15th Five-Year Plan", and closing during the National Two Sessions in 2026. This phenomenal exhibition injected strong cultural momentum into this period of inheriting the past and ushering in the future, and also provided a clear answer to "focusing on promoting the common prosperity of people's spiritual life."
The exhibition brings together about 800 pieces/sets of Guangdong fine arts, with an exhibition area of nearly 20,000 square meters. It is the first time that the essence of Guangdong fine arts has appeared on such a grand scale in Shanghai. The exhibition landed in Shanghai, which contains profound cultural and contemporary significance. As the first two major cities in China to open up, Shanghai and Guangdong share a common maritime cultural gene and an open and inclusive spirit. They have always echoed and empowered each other in the process of modern social transformation. In this exhibition, Shanghai-style culture and Lingnan culture have achieved a collision and integration that spans centuries.
From the "Two High School and One Chen" founders of "The Truth Pictorial" and the Aesthetic Library in Shanghai in 1912, to the Centenary Exhibition of Guangdong Art blooming on the banks of the Huangpu River, the artistic exchanges between Shanghai and Guangdong have lasted for more than a century. Shanghai has an open mind to accommodate all rivers and rivers, providing development space for all kinds of artistic practices, and welcoming cultural waters from all over the world with an open attitude. Shanghai-style art has also achieved self-transcendence through constant blending and collision.
The grand exhibition “The New Life” has landed in Shanghai. It is not only a cultural return that spans a century, but also a handshake again between the two forerunners of modern Chinese culture. It is an affectionate look back at the two paths of Chinese art’s transformation from tradition to modernity in the new era. This cross-regional artistic dialogue allows the innovative spirit of Lingnan and the inclusive temperament of the Shanghai style to nourish each other, becoming a vivid example of the symbiosis and co-prosperity of regional cultures in the modernization process of Chinese art, and providing valuable inspiration for the contemporary transformation and development of Chinese art.
Visible century-old art history, a "cultural aircraft carrier" level art event
Since its opening, the exhibition has continued to attract a large number of Shanghai residents, art lovers, teachers and students from professional colleges, and visitors from the Yangtze River Delta region. According to statistics, the exhibition received a total of more than 550,000 visitors during the exhibition period. Many visitors came from all over the country, including Hangzhou, Nanjing, and Suzhou, to see the classics of Lingnan art. According to Chen Xiang, vice chairman of the Shanghai Artists Association, the exhibition has set many "bests" among Guangdong-themed exhibitions - the most complete clues, the most solid historical materials, and the most shocking space. The exhibition can be called a "cultural aircraft carrier" event in the history of cultural exchanges between Shanghai and Guangdong. It is like a majestic and colorful symphonic epic, vividly presenting the development of Guangdong art and even modern Chinese art over the past century in front of the audience.
Wang Shaoqiang, chief curator of the exhibition and director of the Guangdong Museum of Art, said: "In the selection of works, the exhibition established three dimensions: historical context, practical results, and spiritual inheritance. These works are like cultural anchors, closely connecting the narrative of Guangdong with the urban memory of Shanghai, and stimulating deep resonance among local audiences." In the exhibition hall, the audience either stopped to admire classic masterpieces, carefully read the exhibit descriptions, or exchanged impressions with their peers. The classic paintings of Gao Jianfu, Chen Shuren and Gao Qifeng, the founders of the Lingnan School of Painting; the artistic masterpieces of Lin Fengmian and Guan Liang, who have deep connections with Shanghai; the huge landscape paintings of Guan Shanyue and Li Xiongcai; the exquisite figure paintings of Yang Zhiguang and Lin Yong; and the prints of representatives of the emerging woodcut movement such as Huang Xinbo, Gu Yuan and Li Hua, have become the focus of the audience's rush to take photos. This narrative of Shanghai and Guangdong’s “Tale of Two Cities” allows the audience to appreciate Lingnan art while also re-examining the century-long dialogue and integration between Shanghai School of Art and Lingnan School of Painting. Many viewers said that it was a rare opportunity to appreciate so many representative works of Guangdong art masters at one time and they were deeply shocked.
A local Shanghai audience said emotionally during an interview: "In the past, my understanding of the Lingnan School was mainly based on books. Today, when I see these original works with my own eyes, I can truly feel the charm of 'eclectic Chinese and Western, blending ancient and modern'. Especially Mr. Guan Shanyue's "Green" "The Great Wall of Color" is majestic and unforgettable." A student from the China Academy of Art said: "The exhibition is very clear and gives our young students a systematic understanding of the century-old history of Guangdong art, which is very inspiring for our future creations."
Highly praised by professional and academic circles, and social response continues to increase
The exhibition attracted great attention from the art and academic circles in Shanghai and even the Yangtze River Delta region. Since its launch, a number of professional organizations including the Shanghai Artists Association, Shanghai Chinese Painting Academy, Shanghai Oil Painting and Sculpture Academy, Liu Haisu Art Museum, and Shanghai University Academy of Fine Arts have organized artists and researchers to visit the exhibition collectively.
During the exhibition, the social influence continued to expand, attracting great attention and follow-up reports from many mainstream media outlets in central and Shanghai. There are 5,350 pieces of relevant information on the entire network, with a cumulative influence value exceeding 1.018 billion. It constitutes a multi-level, high-intensity communication from the core art circle to the field of popular culture, pushing the issue of "Its fate is new" to a broader public opinion field.
The influence of this exhibition extends from the exhibition hall to the city's public space, integrating into the public life and iconic landscape of Shanghai. The "Light and Shadow Art Museum" lights up the banks of the Suzhou River and launches an art experiment empowered by technology. It uses digital light and shadow as the medium to interpret the exhibition's classic masterpieces, renewing the century-old charm of Lingnan Art in the blend of technology and art, creating another urban cultural check-in place for the exhibition. The presentation at six core subway stations enables the exhibition image to accompany daily commuting, reaching more than 25 million citizens and visitors, and becoming a flowing urban cultural landscape. At the same time, the exhibition was launched on the big screen of Aurora in Lujiazui, dialogue with the historical light and shadow of the Bund, and received a total of 2.4 million views and stops. The coverage of this dual space marks the transformation of the exhibition from an in-museum academic project into a cultural event that breathes the same breath as the city and is widely embedded in the public eye, achieving an effective transformation of its social influence.
Not long ago, we reported on the polls for the California gubernatorial race, which showed that two Republicans ranked in the top two, while the highest ranking of Democrats was only in third place (for details, click: California is expected to flip! Latest poll: Republican candidates lead the pack).
In less than a month, the latest polls show that Democratic candidate Eric Swalwell, who was originally ranked third, "quickly" surpassed him and became the top candidate in the polls.
This is a joint survey report by Emerson College Polling and Inside California Politics.
The poll was conducted among 1,000 registered voters from March 7 to 9 and has a margin of error of plus or minus 3%. The survey showed that Swalwell's approval rating rose 3 percentage points from 14% in mid-February, while Hilton's approval rating fell from 17% to 13%. Riverside County Sheriff Chad Bianco (Republican) ranked third with 11.4%.
Billionaire Democratic activist Tom Steyer is close behind at 11%. Former Rep. Katie Porter (D)'s approval rating fell to 8.4% from nearly 10% in February. Other well-known Democrats such as San Jose Mayor Matt Mahan, former Los Angeles Mayor Antonio Villaraigosa and former Health and Human Services Secretary Xavier Becerra all have approval ratings around 3%.
data
24.5% of voters are still undecided to vote
Spencer Kimball, executive director of Emerson College Polling, analyzed: "In the past month, Representative Swalwell's support among Democratic voters has increased from 23% to 27%, and Tom Steyer has also increased from 12% to 16% among this group." Among independent voters, 39% are undecided, and 12% support Swalwell and Hilton respectively; Republican voters are divided, with Bianco winning 34% and Hilton 38%. Overall, 24.5% of voters are still undecided on their voting intentions, making the situation before the June 2 primary election confusing.
According to California election rules, the two candidates with the highest votes (regardless of party affiliation) will enter the November general election to compete to replace Democratic Governor Gavin Newsom when his term expires.
Swalwell is a congressman representing the eastern district of the San Francisco Bay Area. He was a member of the House Intelligence Committee. He was removed from the House Intelligence Committee because his girlfriend was suspected of being a spy. His campaign slogan is "anti-Trump."
Billionaire Hilton, a conservative commentator, once led the February poll with 17%, but has recently declined. Bianco appealed to conservative voters, especially in the Inland Empire, with his tough law enforcement and anti-Sacramento stance.
The California gubernatorial election adopts a non-partisan primary system. Candidates from any party can run, and the top two candidates advance to the runoff. This mechanism is intended to promote moderates, but the current divisions within the Democratic Party and the relative concentration of the Republican Party may amplify unintended consequences.
I wonder what everyone would choose?
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