Lijin Finance

Newsflash

• September Is The Golden Period For Autumn Recruitment, And Job Fairs And Employment Activities In Various Universities In Yunnan Are In Full Swing.

  Entering the golden period of autumn recruitment in September, large-scale double selection fairs and special job fairs are held one after another in various universities in Yunnan Province, and education activities with the theme of employment education continue to be carried out.

  

  The Digital Intelligence Employment Service Hall of Yunnan University held a recruitment event (data map). Photo courtesy of the Education Working Committee of the Yunnan Provincial Party Committee

  Yunnan University has carried out in-depth "employment focus" action, from "visiting companies" to "visiting local places", proactively contacting 30 provincial-level organizational departments and more than 300 municipal-level organizations and human resources and social security departments across the country, and entering the school to carry out selection, recruitment and group recruitment. Since September, many cities (districts) inside and outside the province have been invited to the school to carry out group recruitment, resulting in more than 800 internal talent recruitment needs and more than 990 enterprise employment needs. In addition, the school has developed and designed a 3D real-life simulation interview room to provide students with convenient and realistic interview training conditions.

  

  Kunming University of Science and Technology held the first autumn large-scale two-way selection meeting for 2024 graduates (photo taken on September 21). Photo courtesy of the Education Working Committee of the Yunnan Provincial Party Committee

  Kunming University of Science and Technology held the first autumn large-scale two-way selection meeting for 2024 graduates. 341 enterprises and institutions participated in the conference, of which more than 75% were central enterprises, state-owned enterprises, Fortune 500 companies and listed companies. Enterprises in Yunnan Province accounted for 48%. Participating units cover multiple industries such as new energy, new materials, machinery manufacturing, information software, and biomedicine, providing more than 6,400 in-demand positions. In the early stage of the double-election meeting, the main leaders of the school took the lead in "visiting companies to find jobs" and actively "going out and inviting in". The Employment Guidance Center connected with the human resources and social security departments in advance to carry out supply and demand docking activities between government, schools and enterprises, integrate employment resources, and extensively develop employment channels and jobs.

  

  Job fair scene at Yunnan University of Finance and Economics (data map). Photo courtesy of the Education Working Committee of the Yunnan Provincial Party Committee

  Yunnan University of Finance and Economics held a large-scale autumn two-way selection meeting for graduates of 2024. 288 well-known domestic companies such as China Aviation Technology International Holdings Co., Ltd. and China Huaneng Group Co., Ltd. came to the school to recruit, providing 10 positions. There are more than 00 jobs, and the recruitment demand is more than 6,000 people; it has held "small but refined, professional and excellent" small and medium-sized job fairs and information sessions such as "Friday Job Opening", providing more than 150 positions, hiring more than 1,000 people, and nearly 2,000 participants.

  

  Yunnan University of Economics and Management signed a contract and awarded a school-enterprise cooperation base with enterprises (photographed on September 22). Photo courtesy of the Education Working Committee of the Yunnan Provincial Party Committee

  Yunnan University of Economics and Management held the "Golden Autumn Talent Gathering and Job Hunting" autumn comprehensive job fair for graduates of 2024. An entrepreneur forum was held on-site, and company CEOs and HRs entered the secondary college to exchange opinions with the school on various aspects such as corporate employment needs, talent supply and demand, school-enterprise cooperation, etc., and deepened school-enterprise exchanges and cooperation to jointly promote industry development.

  

  The job fair scene of Kunming Metallurgical College (data map). Photo courtesy of the Education Working Committee of the Yunnan Provincial Party Committee

  Kunming Metallurgical College held a 2024 graduate recruitment launching ceremony and a special job fair for metallurgical and mining industries. More than 90 companies from across the province and abroad attended the meeting, offering more than 4,000 positions in smelting, materials, chemicals, electrical automation and other categories. Before the official launch of the job fair, the school also prepared a number of corporate presentations for Hongwang Holding Group Co., Ltd., Baosteel Zhanjiang Iron and Steel Co., Ltd., Jiangxi Copper Group, Xinjiang Nonferrous Metals Industry (Group) Co., Ltd., etc. to allow fresh graduates to have in-depth communication with companies.

  In order to make every effort to do a good job in the employment of 2024 college graduates, in late August 2023, all colleges and universities in the province will formulate work plans based on the "Monthly Focus" Reference for the Employment of 2024 College Graduates, and fully launch the employment of 2024 college graduates. (over)

  18 minutes ago

• Lu Liangwei's Life Ups And Downs: Acting Career, Marriage Twists And Turns And Financial Ups And Downs

  Lui Liangwei was born in Saigon, Vietnam on December 22, 1956. His family moved to Hong Kong in 1968. At that time, he was only about twelve years old. His life suddenly changed and he had to adapt to the new environment all over again. His mother had health problems in 1973, so he went to work in his father's handbag factory before finishing high school. Riding a motorcycle even left scars on his face.

  In 1976, he applied for the TVB Artist Training Course. After graduating in 1977, he officially entered the industry, first playing small roles. In 1980, "Shanghai Beach" was broadcast. His performance as Ding Li made the audience remember his loyalty, and his career suddenly opened up. "The Lame Man" was released in 1991, which was a good box office success and received good reviews. He also received an Academy Award nomination.

  In addition to filming, he also tried to run a small business. However, Hong Kong encountered a financial crisis in 1997 and lost a lot on his investments. He slowly recovered after selling part of his house. It was not until 2002 that the economy stabilized through the appreciation of stocks and his own home.

  The first two marriages did not go very far. One was with Zhou Haimei in the United States in 1988, and they separated soon after. The other time was with Kuang Meiyun in 1996, which only lasted less than a year. He continues to film and maintain his fitness habits. He has many friends in the social circle and there are always people cheering for him at birthday parties. His life is busy but he lacks some stability.

  Yang Xiaojuan was born in Guizhou in 1971. Her family had average financial conditions. She knew from a young age that she had to work hard on her own to study. After graduating from high school in 1988, she was admitted to the Department of Economics of Peking University. At that time, not many people could go to this school. She persisted by getting up early every day and going to bed late every day. She completed the economics and management major in four years and graduated at the age of 22.

  Instead of staying in Beijing to find a stable job, she went directly south to Shenzhen. It was the early 1990s and there were many opportunities in Shenzhen. She started with the Moutai export business. She had to go to suppliers, negotiate prices, handle customs procedures, and send batches of liquor to overseas markets, accumulating her first pot of gold.

  Later, she cooperated with a friend to open a handbag factory, taking OEM orders from foreign brands, supervising production and quality, calculating costs clearly, and making more and more orders. She has a good reputation in the Shenzhen business district and is reliable. People often come to her to help bridge problems between companies.

  Relying on these solid achievements, she was later elected as the president of the Shenzhen Chamber of Commerce. In this position, she had to coordinate members from different industries, organize activities, and promote industry exchanges. She handled it in a clear and organized manner, and her network of contacts expanded from Shenzhen to the whole country. Before getting married, she had already laid a business foundation on her own. She was rich and knowledgeable, and she didn't need to rely on others at all.

  Lu Liangwei and Yang Xiaojuan met at a friend's party in 1998. She had already established herself in the business world at that time, and the two had a good chat.

  Lu Liangwei was deeply impressed by her and had more and more contacts with her. They registered their marriage in January 2001 and held their wedding at Le Pre Catelan restaurant in Paris, France on April 14 of the same year. The theme song of "Shanghai on the Beach" was played and witnessed by dozens of guests. After the wedding, they honeymooned in France.

  His son Lu Shanyang was born in the same year. He was named because he wanted him to be kind and progressive. The life of a family of three is on the right track. Yang Xiaojuan does not put down what she is doing, but brings her experience to the family. In 2003, Lu Liangwei cooperated with a Chinese-American partner to establish Touch Media to do taxi in-car advertising. She helped to come up with ideas and explore the market. The project was rolled out in several cities and the income was good for a time.

  She takes care of the family finances and gives Lu Liangwei a fixed pocket money every month. He used to spend money casually, but now the money he saves is invested in more stable projects. Lu Liangwei himself feels so secure. The family's assets have gradually increased, including several luxury homes in Hong Kong, as well as properties in mainland China and overseas.

  She continued to manage businesses such as beauty and clothing agency, and opened stores in Beijing, Shanghai and other places. The two had a clear division of labor. Lu Liangwei was away filming to maintain his image, and she was in charge of investments and connections in the back. When his son Lu Shanyang grew up, he went to study at the University of Cambridge in the UK. After graduation, he worked as an intern in the IT industry. In 2023, he was already in his early twenties. His parents were relieved to see him doing things independently.

  Lu Liangwei is still in good spirits these years. In 2025, he and his wife went to Sicily, Italy for vacation. The two have been together for more than 20 years, and their lives have become more and more stable. They rely on mutual support and practical cooperation.

  Lu Liangwei has a good career and life. Yang Xiaojuan's business acumen and careful management have made him less worried. The family is together in harmony, and the marriage has truly come to an end.

  2 hours ago

• Han Yueqiao: Born Into A Military Family, Became Famous Through Strength, And Married Into The Prominent Zhang Family, Leading A Wonderful Life

  Han Yueqiao was born in a military family in Zuoquan, Shanxi Province in 1957. Her parents were both in the army, and her upbringing was as strict as military camp rules. When she was seven years old, her parents saw that her body was thin, so they threw her into a sports school to practice gymnastics.

  Fast forward to 1979, when she was twenty-two years old, and an opportunity struck her. The movie "Love and Inheritance" wanted a ballet girl to play the role of Han Shasha. With her solid dance skills, she got the role in the first try. After the movie was released, she became instantly popular and became a household name.

  In the 1980s, she continued to take roles, such as playing a sentry in "The Outpost in the Birch Forest" and playing a national girl in "The Peacock Princess". She performed well in each film. She was so busy with her career that she still found time to study acting at the Shanghai Theater Academy. From 1983 to 1985, she learned lines and practiced expressions there.

  She even directed her own drama, writing, directing, acting and producing in "The Same Sun", and she was so busy that she was sweating profusely. To put it bluntly, she was the kind of woman who refused to admit defeat and relied on her strength to gain a foothold step by step. Among the actresses of that era, she was considered top-notch.

  When Han Yueqiao's career was booming, love affairs also followed. She met Zhang Ningyang, who was seven years older than her. He was born in 1950 and was an Air Force engineer. His father was Zhang Zhen, the vice chairman of the Military Commission. The Zhang family has a prominent background, and all of his brothers have worked brilliantly in the army.

  Zhang Ningyang is steady and down-to-earth. The two were introduced to each other, got along well, and got married after being together for more than a year. The wedding was held in a low-key manner in the military compound. Most of the guests were veteran cadres, and everyone toasted.

  During the newlywed period, the two lived a harmonious life, getting up early to have breakfast, walking and chatting on weekends, and their relationship was quite harmonious. Zhang Ningyang was busy with work, but he was also considerate to her. When she was tired from filming, he would rub her shoulders.

  But after a few years of marriage, problems slowly emerged. Zhang Ningyang is engaged in technical research and travels for several months all year round. She also travels across the country on the crew, and the two of them never see each other. We kept in touch by phone, which was okay at first, but then we talked less and less. Sometimes he asked her if she could do less drama and take care of her family more, and she would be quiet for a long time.

  This tug-of-war lasted for several years, and by the end of 1992, the two sat down and signed a divorce agreement. There was no quarrel, they broke up peacefully. She later recalled that it ended not because of anyone's fault, but because the paths were different. Zhang Ningyang later reorganized her family, and she did not complain and continued her life.

  Not long after the divorce, Han Yueqiao encountered an even bigger blow. In the mid-1990s, her brother was diagnosed with terminal cancer. Without saying a word, she turned down all her film appointments and went home to take care of him. Her brother is her closest family member. She watches over him every day and helps take care of everything. During those years, she stayed with her brother for more than seven years, during which time she began to learn painting to distract herself.

  Her younger brother loves to draw, so she started to follow him, from simple doodling to serious study. At first it was just to kill time, but then I became really obsessed. After her brother passed away, she carried his wishes and continued to delve into painting.

  In 2006, she went to Italy to see an art exhibition. She was inspired there and came back to apply for the Art School of Peking University to systematically learn techniques. She sat in the front row during class, listened carefully and took notes, and practiced until late at night when she went home.

  Her painting style is varied, including oil paintings and Chinese paintings. The themes are mostly landscapes, flowers and birds, incorporating personal feelings. At first, he appeared in small exhibitions and got a good response. Later, he held a personal exhibition and his works sold well. One painting was also collected by a Belgian princess, which gave her a foothold in the painting world.

  Her works have appeared several times at auctions, and the prices are quite high. She also does charity, donating money from selling paintings, and organizes office benefit exhibitions to call on everyone to help. Painting became her new career, without the aura of the screen, but she felt more comfortable. Han Yueqiao's career change was unambiguous. From actor to painter, he relied on real skills. Her works are not just for fun, they are recognized by professionals.

  She hasn't stopped yet. In 2024, she filmed the comedy "Fuding Family", playing a mother-in-law role and taking it seriously. I also tried the short play "Happy Chinese New Year Flower Buns and Macarons" to learn Internet skills from young people. I usually like to drive and collect models, which are very stable to drive.

  I cook for my parents, carry a camera to take pictures of scenery in my spare time, and prepare a photo album. She often spends time in the studio, writing every stroke and piling her works on the wall. She lives independently and does not rely on others. Han Yueqiao's life, from acting to painting, has been down to earth every step of the way. Her brother's incident caused her to change careers, but it also allowed her to find a new direction. Her story, to put it bluntly, is that she refuses to accept old age and never stops.

  3 hours ago

• A Complete Introduction To Ouyang Xiadan’s Personal Experience And The Growth Path Of The Famous Host

  Hello everyone: I am Xinjing Entertainment.

  Ouyang Xiadan is a well-known host in mainland China. She is deeply loved by the audience because of her talent in hosting programs, her fresh and elegant appearance, her gentle and capable voice, her sunny and handsome image, her professional skills and her relaxed and natural hosting style. In One Minute of Life, Ouyang Xiadan introduced us to her background, hosting career and life values.

  

  Ouyang Xiadan was born in the beautiful Guilin, Guangxi in 1977. My parents are educated people, knowledgeable and capable. His father is a senior architect and his mother is a doctor who saves lives and heals the wounded. Ouyang Xiadan graduated from Communication University of China.

  

  Influenced by her parents who were top students since childhood, Ouyang Xiadan's academic performance has always been among the best. Her classmates are envious of her, and her teachers appreciate her even more. After graduation, Ouyang Xiadan first joined the Shanghai TV News Channel and hosted two news programs, "Shanghai Morning" and "News Nightline".

  

  In 2003, Ouyang Xiadan joined CCTV and mainly hosted the morning news program "First Time" on the Economic Channel. During this period, he also hosted various large-scale events and Olympic special programs. In August 2008, he hosted the CCTV Olympic special program "Panorama Olympics" with Bai Yansong. Later, he hosted the financial commentary program "Today's Observation" on CCTV Finance, partnering with Chen Weihong. In July 2009, he joined CCTV News Channel and hosted the news program "Common Concern" of CCTV News Channel.

  

  In August 2011, he joined CCTV's "News Network" as the host. In the same year, he obtained an EMBA master's degree from Guanghua School of Management, Peking University. In September, Ouyang Xiadan and Lang Yongchun co-hosted "News Network". In April 2012, he hosted Shangdong TV’s Tomb-Sweeping Day special program "Qingming Festival - 2012 China Filial Piety Ceremony". Won the title of "Top Ten Figures" of CCTV in 2015. On January 20, 2017, he co-hosted the "CCTV Online Spring Festival Gala" with Sa Beining, Gao Bo, and Zhu Xun. On March 15, he co-hosted the 27th March 15 Party of CCTV with Chen Weihong, Xie Yingying and Zhang Tengyue. In April, he co-hosted the CCTV Financial Channel's urban cultural tourism competition program "Charming China Town" with Chen Weihong. On April 29, he hosted the "Anchor and You Go to Work" series on CCTV News Channel. After continuous learning and progress, he gradually emerged on major programs, hosting the CCTV Spring Festival Gala, hosting the News Network, etc.

  

  Ouyang Xiadan performed well in hosting the program, both as host and guest. Her humorous and witty language was deeply loved by the audience. She has hosted a number of well-known programs and has received critical acclaim in them. She has won the love and respect of the audience with her outstanding performance and warm smile.

  

  Throughout her career, Ouyang Xiadan has constantly challenged herself to improve her skills and hosting abilities, and has always upheld positive life values. She believes that a person's value should not only depend on her career or property, but should depend on her contribution to society and her care for others. She hopes to convey positive energy and contribute to society through her practical actions.

  

  Her hosting style is calm and majestic, and at the same time, her writing is as smooth as clouds and smoke. Her words are just like the person she is. Her words not only give people a delicate and elegant feeling, but also reveal the presence of the breath of nature. We can also feel a strong free and easy spirit, which is the embodiment of a realm and gives people a fresh and elegant feeling. She is worthy of being called "a flower in the host world", and her words are even more beautiful.

  

  

  Ouyang Xiadan is a charming and talented female host. Her life experience and values ​​are worthy of our study and reference. Her outstanding performance and touching deeds also set an example and standard for us. In the days to come, let us work together to become a better version of ourselves!

  5 hours ago

• The Scrap Iron Recycling Market Will Be Good In 2026. These Selling Skills Will Help You Make More Money

  Hello everyone, I am looking forward to the future. I will bring you the latest news every day without rushing. The content will be updated as the situation arises, but each article will contain useful information. If you think this information is useful to your life, please click and follow~

  Since the beginning of 2026, the scrap iron recycling market has been on a steady growth path. Whether it is old farm machinery and iron frames idle in rural homes, steel bars and old doors and windows left over from urban renovations, or thick iron plates and machine parts eliminated by factories, the prices are much higher than in the same period in 2025. According to the latest monitoring data from Shanghai Steel Federation and Fubao Scrap Steel in February 2026, the price of high-quality materials such as heavy scrap and steel bars across the country has exceeded 2,400 yuan/ton. The purchase price of some steel plants has even reached 2,700 yuan/ton. The price of ordinary scrap has also stabilized at 1,600-2,000 yuan/ton, with an overall increase of more than 30%.

  Many people suffer big losses when selling scrap iron, not because the price is low, but because they do not distinguish between types, do not remove impurities, and do not cut to size. They mix valuable heavy scraps and steel bar ends with light iron sheets and muddy scraps, and the goods are taken away directly at the lowest price. Combining the latest market quotation in 2026, renewable resource recycling policies, and practical rules of recycling stations, I explain scrap iron classification, pricing, and sales skills in plain language. No exaggeration, no rumors, no gimmicks. All data is true and verifiable. I can help everyone sell the scrap iron at home clearly and make more real money.

  1. First understand: Why will the price of scrap iron increase in 2026? How long can prices remain stable?

  Let me give you some reassurance first. This scrap price increase is not a short-term speculation. It is supported by real demand and policies. There will be no big fluctuations in the short term.

  From the demand side, 2026 is the first year of the "15th Five-Year Plan". Infrastructure, new energy, and manufacturing are all going strong in various regions, and steel mills' demand for scrap steel has increased significantly. Using scrap steel to make steel is more economical and environmentally friendly than iron ore. The cost per ton is more than 300 yuan lower. Steel mills are willing to increase the proportion of scrap steel. This year, the national scrap usage ratio has been raised to 35%. As demand increases, prices will naturally follow.

  From a policy perspective, the country will continue to promote the recycling of renewable resources in 2026. The State Council issued an action plan for comprehensive management of solid waste. Scrap steel, as the largest recycled resource, is listed as a key support category. The national comprehensive recycling rate of scrap metal is targeted to reach 90%. Formal recycling channels are becoming more and more complete, and prices are more transparent and stable.

  According to industry forecasts, scrap iron prices will remain stable with slight fluctuations in 2026. As long as they are classified correctly and sold at the right time, ordinary families, decorators, and small merchants can sell them for a lot more money without having to worry about selling them at low prices.

  

  2. Core focus: 2026 scrap iron grading pricing table, the thicker and cleaner the more valuable it is

  Scrap iron is not priced at the same price. It is graded according to thickness, purity, and material type. The price difference can be doubled. This is the most critical knowledge point when selling scrap iron. I have compiled the national unified recycling reference prices for February 2026 (excluding tax, door-to-door recycling prices). You can compare the scrap iron at home and know how much it is worth at a glance.

  1. High-quality heavy waste (the most expensive, do not mix and sell)

  Thickness ≥6mm, including steel bar heads, steel bar pellets, thick steel plates, industrial molds, I-beams, channel steels, angle steels, etc. It is hard in texture, free of impurities and rust-free, and is the most popular material type in steel mills.

  Reference price: 2280-2730 yuan/ton, equivalent to 1.14-1.36 yuan/jin

  This type of scrap iron is the price ceiling. Rebar heads left over from renovations, thick steel beams from house demolition, and old machine tool bases all fall into this category. They sell for 20%-30% more when sold individually than mixed.

  2. Medium waste (the most cost-effective, most common in families)

  The thickness is 3-5mm, including ordinary iron pipes, old door and window frames, iron plate scraps, bicycle and motorcycle frames, small agricultural machinery accessories, etc. The thickness is moderate and the purity is high.

  Reference price: 2080-2260 yuan/ton, equivalent to 1.04-1.13 yuan/jin

  This type of scrap iron is most common in urban households and rural courtyards. It is large in quantity and easy to organize. As long as the plastic and rubber accessories are removed, the price is very stable.

  3. Light and thin materials (the lowest price, don’t mix them with high-priced materials)

  Thickness ≤2mm, including color steel tiles, thin iron sheets, iron barrels, iron wires, packaging iron boxes, old iron cabinets, etc., are thin in texture, easy to deform, and have low recycling value.

  Reference price: 1600-2000 yuan/ton, equivalent to 0.80-1.00 yuan/jin

  This kind of scrap iron can be sold alone. Do not mix it with steel bars or thick iron plates. Once mixed, it will be priced as light and thin materials, and you will lose the most.

  4. Mechanical parts pig iron/cast iron

  Including cast iron pots, radiators, valves, machine tool castings, engine casings, etc., the texture is hard and crisp, the sound of knocking is crisp, and it is a special material type.

  Reference price: 1900-2100 yuan/ton, equivalent to 0.95-1.05 yuan/jin

  Pig iron and ordinary wrought iron should be separated. If mixed together, the price will be lowered. If they are classified separately, they can be sold at a higher price.

  3. Don’t sell these 5 types of scrap metal indiscriminately! Earn 50% more by sorting alone

  Many people have valuable scrap metal at home, but they sell it as ordinary commodities, losing half of their income. These 5 types of scrap iron will be the most valuable in 2026 and must be picked out individually.

  Category 1: Steel bar heads/steel bar pellets (required for decoration)

  The steel bars left over from home decoration or house demolition are cut into small sections with a length of 10-20cm, which are the most valuable steel bars. The price is 10%-15% higher than long steel bars and curved steel bars. There is no need to grind it deliberately, as long as the cement and oil stains are removed, it is a high-quality material that steel mills are eager to get. Do not mix it with iron sheets and iron wires.

  Category 2: Thick steel plate/industrial corner slot (required to be retained after disassembly)

  Thick steel plates, I-beams, and channel steels dismantled from old factories, old agricultural machinery, and old shelves are all heavy waste with a thickness exceeding 6 mm, and the price is more than 20% higher than ordinary iron pipes. Even if there is slight rust, it will not affect the price. As long as the cement and plastic on the surface are cleaned off, it can be sold at a high price.

  Category 3: Pure iron parts/accessories without impurities

  Pure iron parts such as old motor casings, machine tool accessories, gears, bearings, etc., have no oil stains, no plastics, and no other metal doping. They are high-quality parts materials, and the price is about 15% higher than that of miscellaneous iron. Note: The copper core and aluminum parts in the motor must be dismantled and sold separately. The price of copper and aluminum is dozens of times that of scrap iron. Do not sell them together as scrap iron.

  Category 4: Mud-free, rust-free and clean iron materials

  The price of scrap iron is directly linked to the impurity content. For scraps containing cement, soil, oil, and plastic, the recycling station will deduct 5%-20% of the weight of impurities. The iron frames, iron doors and windows at home can be sold for a lot more money by knocking off the cement, tearing off the plastic skin, and wiping off the oil stains in advance.

  Category 5: Whole piece of undeformed iron material

  Whole pieces of undeformed iron materials such as old bicycles, old shelves, and old iron doors are more expensive than cut and flattened scrap materials. Recycling stations do not require secondary processing and are willing to pay a higher price. Don't dismantle it if you can, and sell it as a whole piece, which is more cost-effective than scraps.

  4. Guide to avoid pitfalls when selling scrap metal: Don’t make these 4 mistakes, less loss means more profit

  Selling scrap metal seems simple, but in fact there are many small details. If you make a wrong step, the price will be lowered. I will tell you all the pitfall avoidance techniques that the recycling station will not tell you. If you remember it, you will not suffer any loss.

  1. Do not mix, bagging by categories is the most valuable.

  This is the most important point: heavy waste, medium waste, light and thin materials, and pig iron are packed separately and packaged in woven bags and cartons. When selling to the boss, you can directly quote the classified price, so that the price will not be reduced by lumping the goods together. If a bag is mixed, the boss will only give you the lowest price. If you sort it into different categories, the price will be at least 20% more.

  2. Ask the price first, then weigh, do not unload the goods blindly

  Before selling the goods, ask the boss: "How much does it cost for heavy scrap? How much does it cost for medium scrap? How much does it cost for light and thin materials?" Compare the market reference price of the day. If the quotation is too low, change it. Don't unload the scrap metal on the ground first. Once you unload it, you won't have the initiative, and the price can only be determined by the boss.

  3. The miscellaneous deductions should be transparent and the weight should not be deducted indiscriminately.

  For waste materials containing cement and soil, the recycling station will deduct the weight of impurities. Normally, the impurity deduction is 5%-10%. If it exceeds 15%, it is unreasonable. If you clean up the impurities in advance, you can avoid having to worry about impurities, the weight will be real, and you won’t waste money.

  4. Look for regular scales, not black scales

  When selling scrap iron, be sure to check whether the scale has a mandatory certification mark. Scales in regular recycling stations have been calibrated and have accurate weights. Don't go to itinerant unlicensed vendors. The black scales are short of weight and the price is useless no matter how high the price is.

  5. Household/rural/renovation household: Scrap iron sorting skills in different scenarios

  1. Rural families: old farm machinery, iron frames, iron doors

  Most of the old farm machinery, iron plows, iron frames, and iron doors that are idle in rural homes are made of thick iron materials and are considered heavy waste. Remove the wooden and plastic parts in advance, clean up the soil, and take the whole piece to the recycling bin. The price is much higher than the fragmented materials.

  2. Urban households: old appliances, old furniture, decoration waste

  The iron casings and bases of old appliances, as well as the steel bars, iron pipes, and leftover materials left over from renovations, are sorted into categories: put steel bars separately, iron pipes separately, and iron sheets separately. Remove plastic, glass, and wires. Clean materials will be sold at a higher price.

  3. Decoration/construction households: steel bars, scaffolding, steel beams

  Steel bars, scaffolding, and steel beams used in house decoration and demolition are the most valuable heavy waste. Cut the steel bars into small sections, clean the cement from the steel beams, and sell them individually. You can earn more than 30% more than mixed sales. If the quantity is large, you can earn hundreds or thousands of yuan more.

  6. The best time to sell scrap metal in 2026: When is the most cost-effective time to sell it?

  According to the market conditions in 2026, the highest price for selling scrap iron during these time periods:

  1. Spring construction season (March-May): construction sites and factories start construction, demand increases significantly, and prices rise;

  2. Autumn construction peak season (September to November): infrastructure construction rushes, steel plants restock, and prices remain stable and high;

  3. Mid-to-late every month: The recycling station completes monthly replenishment, and the quotation is more reasonable.

  It is not recommended to sell goods on holidays, rainy or snowy days. Recycling stations receive less goods and offer lower prices. Selling goods on weekdays when the weather is good is the most cost-effective.

  7. Write at the end: Scrap iron is treasure, and you can exchange it for money by sorting it into pairs.

  The price of scrap iron will continue to rise in 2026. For ordinary families, cleaning up the idle scrap iron at home can not only free up space, but also exchange for pocket money, killing two birds with one stone. The key is not how much the scrap iron is worth, but whether it can be sorted and sold.

  Separate heavy waste from light and thin materials, clean up impurities, and single out valuable steel bars and thick iron plates. Without much effort, you can make half as much money as compared to mixed sales. This is not opportunistic, but relying on reasonable classification and standardized sales to allow renewable resources to exert their true value.

  The recycling of renewable resources is environmentally friendly and increases income. With state support and market demand, we ordinary people can turn humble scrap iron into real income as long as we master simple skills.

  Finally, I want to communicate with you: Do you have any idle scrap metal at home? Have you ever sorted your scrap metal into different categories when selling scrap metal, and have you ever experienced price reduction? Welcome to share your selling skills in the comment area and exchange ideas on how to make more money.

  The content of this article is only a personal opinion. The data comes from the national scrap iron recycling market quotations of Shanghai Steel Federation and Fubao Scrap Steel in February 2026, national renewable resource recycling policy documents and industry public information. It is only used as a reference for scrap iron recycling science and sales, and does not constitute commercial investment or recycling operation guidance. When selling scrap iron, please choose formal recycling channels, abide by local renewable resource recycling management regulations, conduct honest transactions, and trade fairly.

  6 hours ago

• 15 Years After Steve Jobs Passed Away: Lost Interviews Reveal The Story Of Apple’s Origins And The Blue Box

  Time flies so fast, it has been 15 years since Steve Jobs left us.

  In a world without Steve Jobs, the sun still rises, but it lacks some flavor of soul.

  Every time I think about "The Lost Interview", people can't help but wonder, is Steve Jobs really gone?

  In 1990, Jobs gave a 52-minute television interview. After the interview, the master tape was lost.

  Surprisingly, shortly after Jobs passed away in 2011, interview director Paul Sen discovered the missing master tapes in his garage.

  It lay there quietly, as if waiting for the day it would see the light of day again.

  The following text comes from this "lost interview".

  Where did Apple start?

  A small blue box.

  

  After Jobs met Wozniak, they accidentally discovered a huge BUG in the telephone network built by the telecommunications giant AT&T.

  AT&T puts the computer signal in the same frequency band as the sound, which means that if someone can simulate the computer signal, it will be recognized by AT&T as belonging to its own phone network, so that you can make unlimited free calls.

  Jobs and Wozniak turned this vulnerability into a product, which they called the "blue box."

  Jobs said that without the Blue Box, there would be no Apple Computer.

  Because for the first time, they realized that they could control behemoths, infrastructure worth billions of dollars, with the help of small things.

  Of course, with the personalities of Jobs and Wozniak, it was impossible not to use the blue box to do some mischief. They called the Pope pretending to be US Secretary of State Henry Kissinger. The joke is big enough.

  With the experience of changing the world, the two quickly built the Apple I, thereby slowly building the entire Apple empire.

  How did Apple succeed?

  Steve Jobs's answer was very Steve Jobs. He said that he discovered an interesting phenomenon. Many people do not ask why they are doing something before doing it. If you ask them, the answer is often that everyone does it.

  Jobs sighed, "Everyone does it" is like a legend. I don't know where the source is, but just follow it.

  Steve Jobs believed that when everyone is repeating things without thinking, if you are willing to ask, think deeply, and work hard, you can quickly learn how to do business.

  From the great to the simple, the great truth is always in the clear, but most people turn a blind eye.

  

  Jobs's understanding of computers was that they were a "bicycle for thinking."

  He explained that the idea for the "thinking bicycle" came from an article he read in Scientific American as a child.

  This article uses energy consumption per kilometer as a standard to test the movement efficiency of species on the earth. It turns out that the most efficient animal is the vulture, with humans ranking very low.

  That’s not the end of it, the author of this article also measured cyclists. What surprised Jobs was that once a person rides a bicycle, his efficiency becomes the highest, far better than that of a vulture.

  This article influenced Jobs's life. He deeply realized that human beings are makers of tools, and tools can greatly amplify our innate abilities.

  The essence of the personal computer is the bicycle of the human mind.

  The real meaning of programming is not to write a program, but to mirror the thinking process and teach us how to think.

  AI panic continues

  In the last week before the holiday, global AI panic continues to spread.

  Software stocks in the U.S. stock market plummeted indiscriminately, and Apple, with its thick eyebrows and big eyes, began to be questioned. Apart from hardware, there is almost no good direction.

  According to Bloomberg statistics, we haven’t seen anything like this since the dot-com bubble burst.

  Over the past eight trading days, 115 stocks in the S&P 500 have fallen 7% or more in a single day.

  In the past, when this happened, the average market retracement was about 34%, but in 2026, the index is still at a high level.

  

  The domestic situation is the same as but different from the U.S. stock market.

  The difference is that the trading volume of US stocks is still booming, while the Chinese stock market has begun to boil frogs in lukewarm water.

  On February 10, US stock trading volume exceeded US$1 trillion in a single day, setting another record high. Due to the Spring Festival effect, the Chinese stock market has been slightly light in trading. The basic market is 2 trillion, which means it cannot go up or down.

  On February 13, the central bank released deposit and loan data for January. As a result, non-bank deposits related to the stock market increased significantly by 1.45 trillion. You know, in January last year, non-bank deposits decreased by 1.11 trillion. Make a judgment.

  However, as the index began to trade sideways and individual stocks fell more than they rose, the funds that entered the market at the beginning of the year slowly lost their enthusiasm.

  This week, AI applications such as large models have become a few market highlights, with overperformance in both Shanghai and Shenzhen. Zhipu, a large model company, saw its stock price surge by 140% in a single week.

  

  The sudden surge in AI applications is the result of the simultaneous emergence of a series of important catalysts.

  According to a report by Xinhua News Agency on February 9, leaders learned about information technology application innovation in Beijing, inspected demonstrations of representative scientific and technological innovation achievements, and had cordial exchanges with scientific researchers and representatives of technology enterprise leaders.

  According to subsequent disclosures, AI application companies such as large models are the main direction of investigation.

  Just one day after the inspection, on February 10, the National Development and Reform Commission and other departments issued implementation opinions on accelerating the promotion and application of artificial intelligence in the field of bidding.

  The opinions pointed out that in accordance with the principles of government guidance, multi-party participation, scenario traction, and safety and controllability, the application of artificial intelligence in the field of bidding and bidding will be actively and steadily promoted, and full coverage application will be achieved in some provinces and cities by the end of 2026.

  The country has strong support, and market participants have also delivered answers that exceeded expectations.

  

  Recently, ByteDance’s Seedance 2.0 video generation model has become popular around the world. Many professionals believe that it is comparable to the deepseek moment last year.

  Feng Ji, the creator of the Black Wukong myth and CEO of Game Science, issued an article on February 10 saying that the newly launched Seedance 2.0 is an amazing leap in AI's ability to understand multi-modal information. AIGC's childhood is over.

  On February 12, Musk also posted on social media that the (Seedance) large model was developing too fast.

  The disruptive innovation brought by AI may be a fatal blow to many industries.

  Seeing Seedance 2.0 coming, the American Film Institute can’t sit still. According to Intelligent Era AGI news, on February 13, the Motion Picture Association of America stated:

  In just one day, the Chinese AI service Seedance 2.0 made unauthorized use of U.S. copyright-protected works on a large scale. ByteDance launches such products without effective infringement prevention mechanisms, ignoring mature copyright laws that protect the rights and interests of creators and support millions of American jobs. ByteDance should immediately stop relevant infringement activities.

  Despite Byte's actions, they appear to have had little success.

  Domestically, BAT, which has been winning for a long time, has been hit, and its stock prices have fallen continuously.

  

  In the Year of the Horse, prices are going to rise?

  Citizens of no country in the world like rising prices. This is true for China and the same is true for the United States.

  But for those in charge of the economy, moderate price increases are a good sign, while long-term deflation or inflation are not good.

  On February 11, the National Bureau of Statistics announced the price situation in January 2026. Although CPI is positive year-on-year (0.2%), compared with the end of 2025 (0.8%), the growth rate has fallen rapidly.

  

  According to the Bureau of Statistics, the year-on-year increase in CPI fell mainly due to two reasons: the wrong month of the Spring Festival and the drop in oil prices.

  Among them, the impact of the Spring Festival on the wrong month is greater. The Spring Festival of 2025 is in January, and weighted items such as meat, eggs, vegetables, and milk will see large increases in the Spring Festival month. According to calculations by Soochow Securities, fresh vegetables alone have a downward effect on CPI of 0.27 percentage points.

  However, even excluding the impact of the Spring Festival dislocation, the CPI trend is still weaker than the historical average.

  According to agency statistics, since 2010, the average month-on-month CPI growth rate in comparable months during the Spring Festival in mid-to-late February has been 0.6%, which is higher than the 0.2% in 2026.

  Although the overall situation is average, the core CPI, excluding food and energy prices, is still remarkable. According to the Bureau of Statistics, in January 2026, core CPI increased by 0.3% month-on-month, the highest in the past six months.

  According to statistics from Huachuang Securities, among the core CPI, core commodities rose from 2.5% to 2.6% year-on-year, and the increase expanded for nine consecutive months.

  

  The current situation is still far from the moderate inflation that the government wants to achieve, and we may see more warming policies introduced during the year.

  On January 30, the Economic Daily published an article in the name of Jin Guanping to promote a reasonable recovery in prices.

  The article pointed out that only by operating prices within a reasonable range can we not only ensure the stability of residents' basic living costs, but also allow enterprises to obtain reasonable profit margins.

  This will help encourage enterprises to expand investment and innovation, which will in turn lead to an increase in jobs and residents' income, forming a virtuous cycle of "expanded demand - reasonable prices - positive expectations - strong investment".

  Promoting a reasonable recovery in prices can also force the supply side to shift from "fighting for low prices" to "fighting for quality and experience", guiding the flow of production factors to high value-added areas, optimizing the efficiency of resource allocation, and accelerating the coordinated upgrading of consumption structure and industrial structure.

  Although it is a consensus that prices will rise reasonably, how to prescribe the right medicine is the key.

  

  After a series of anti-XX measures in 2025, various positions will continue to exert their efforts in the beginning of 2026.

  According to the Financial Associated Press on February 9, the Ministry of Transport recently interviewed AutoNavi. The main content of the interview was about issues such as lowering freight rates and inadequate management.

  The Ministry of Transport requires AutoNavi to strengthen monitoring and early warning of abnormal price and income fluctuations; conscientiously implement its public commitment to reduce commissions (charges) to ensure reasonable income for drivers; and prevent orders from being resold and commissioned at different levels.

  These measures are intended to protect the interests of online ride-hailing drivers and also to increase the price of online ride-hailing. In a word, no price war is allowed.

  On the same day, six ministries and commissions including the Ministry of Human Resources and Social Security jointly provided employment administrative guidance to 16 companies including Meituan, Taobao Flash Sales, and JD.com. Enterprises are required to effectively protect the rights and interests of workers in the new employment form.

  We have analyzed many times before that the platform economy has developed to this day, and the result of low price theory is to sacrifice the interests of users, merchants, riders and other parties.

  If you want quality and credit to return to normal levels, you must increase takeout prices to a reasonable level. In Jin Guanping’s words, only in this way can a virtuous cycle of “expanding demand – reasonable prices – improving expectations – and vigorous investment” be formed.

  On the eve of the Spring Festival, the "Internet Platform Antitrust Compliance Guidelines" were released.

  According to the 21st Century Business Herald, the "Guidelines" specifically proposed new monopoly risks in eight scenarios, including: algorithmic collusion between platforms, organizations helping operators within the platforms reach monopoly agreements, unfair high prices on platforms, sales below cost by platforms, blocking, "choose one" behavior, "the lowest price in the entire network", differential treatment by platforms, etc.

  “The lowest price on the entire network” is one of the monopoly risks.

  

  According to China's policy logic, as long as it is determined, it will fundamentally change.

  In fact, many businesses have recently begun to increase takeout prices. On February 2, Business Week and other media published articles stating that restaurant chains such as KFC and Cudi Coffee have recently increased takeout prices and reduced subsidies.

  Let’s look at Cudi first.

  Starting from February 1, 2026, Kudi Coffee will only retain 3-7 products in the special price area, which will continue to sell for 9.9 yuan. The remaining products will return to the regular selling price of 11.9-16.9 yuan, and some core single products will increase by 30%-60%.

  This is the first time Cudi has returned to normalcy since joining the 9.9 game on May 24, 2024.

  Cudi’s main rival Luckin also made similar moves, even earlier. Unless you purchase a membership card, it is almost impossible to enjoy 9.9 on a regular basis.

  Why have tea brands such as Kudi and Luckin given up on 9.9? In addition to government guidance, a return to business common sense may be the main reason.

  According to Luckin’s financial report, its revenue in the third quarter of 2025 was 15.287 billion yuan, a year-on-year increase of 50.2%.

  Revenue has soared, but profits are another story. In the third quarter, Ruixing’s operating profit was 1.777 billion yuan, a year-on-year increase of only 12.9%, and the net profit margin fell to 8.4%.

  You know, in the same period in 2024, Ruixing's net profit margin was once as high as 12.9%.

  While the prices of Luckin and Cudi were strangulating, upstream coffee beans continued to rise sharply. According to tradingeconomics data, coffee prices have more than doubled since 2024 and will remain at a high level in 2026.

  

  The cost has increased significantly while the unit price remains unchanged, which obviously does not conform to business logic. As a result, either the coffee is getting weaker, or the company's profitability drops significantly, or both.

  Unlike Cudi who canceled their price discounts, KFC actually raised their prices.

  

  On January 26, according to International Finance News, KFC, a subsidiary of Yum China, increased takeout prices by an average of RMB 0.8.

  At the performance exchange meeting on February 4, Yum China CEO explained that this KFC price adjustment is a mild adjustment that only affects the takeout menu and does not have any changes to dine-in prices. Promotions such as 'Crazy Thursday' have also not been adjusted.

  Why raise prices for takeaways? The CEO of Yum China said that this was mainly to offset the increase in rider costs caused by the increase in the proportion of food delivery.

  KFC's takeout is mainly its own delivery, using its own delivery staff. In other words, if the proportion of takeout increases, more delivery staff will need to be recruited, and the cost will indeed increase.

  According to the latest financial report, Yum China's takeout sales will increase by 25% year-on-year in 2025, and takeout sales will account for approximately 48% of the company's restaurant revenue, an increase from 39% last year.

  The following is a KFC dine-in and takeaway price list compiled by International Financial News:

  

  It is not difficult to see that the price of takeout is very different from that of dine-in, which reflects the labor cost.

  I believe many people have experienced that if the price of dine-in at a restaurant is the same as that of takeout, or even cheaper after platform subsidies, the taste and quality are often discounted. KFC's approach at least ensures close quality.

  Prepared dishes, which are closely related to takeout catering, have also seen new developments recently. On February 6, the National Health Commission’s website posted the “National Food Safety Standards for Prepared Dishes (Draft for Comments)”.

  The consultation draft clarifies the definition of prepared dishes as:

  Prepackaged dishes are made from one or more edible agricultural products and their products as raw materials, with or without the use of seasonings and other auxiliary materials, without the addition of preservatives, through industrial pre-processing (such as mixing, pickling, rolling, shaping, stir-frying, frying, roasting, boiling, steaming, etc.), with or without seasoning packets, and can be eaten after being heated or cooked.

  The category of prepared dishes does not include staple foods, clean vegetable foods, ready-to-eat foods and dishes made in central kitchens.

  The dishes produced in the central kitchen, which have been controversial before, are clearly not pre-made dishes.

  It’s worth noting that it’s not the pre-prepared dishes that have added preservatives.

  Will a large number of Chinese patent medicines withdraw from the market? misunderstanding

  Recently, many media have published articles saying that a large number of Chinese patent medicines will withdraw from the market.

  What's going on?

  The media quoted the "Special Regulations on the Registration and Management of Traditional Chinese Medicines" issued by the State Food and Drug Administration in February 2023. Starting from July 1, 2026, any Chinese patent medicine that is still marked as "unclear" in the drug instructions [Contraindications], [Adverse Reactions], and [Precautions] will not be registered for marketing.

  According to media reports such as The Paper, monitoring data from the China Association of Traditional Chinese Medicine shows that as of the end of 2025, there were approximately 57,000 valid approval numbers for proprietary Chinese medicines in my country, involving approximately 9,000 varieties, of which more than 40,000 approval documents were marked as "unclear" in terms of contraindications, adverse reactions, or precautions.

  More than 40,000 approval documents were marked as "unclear" and quickly spread after being widely disseminated by the media.

  

  Many people believe that the traditional Chinese medicine industry will usher in a major purge.

  Is this really the case? Not so.

  According to the analysis of Deng Yong, a professor of health law at Beijing University of Chinese Medicine, the "Special Provisions on the Registration and Management of Traditional Chinese Medicine" is not an airborne policy. It was announced as early as early 2023, leaving relevant companies with relatively sufficient time to revise the instructions. For important traditional Chinese medicine products, pharmaceutical companies are likely to start related work early.

  "People's Daily" reported that data from the State Food and Drug Administration showed that the vast majority of traditional Chinese medicine varieties have completed this round of re-registration in the past two years.

  Southern Plus quoted people in the traditional Chinese medicine industry as saying that most of the above-mentioned approvals (more than 40,000) are "zombie approvals" that have not been produced for a long time and have low clinical value. Approvals for proprietary Chinese medicines that are truly active and widely used in the market account for less than 10%.

  "Zombie approval" is the focus of this cleanup and will not affect the normal use of medicine by ordinary people.

  Taking Isatis granules as an example, there may be more than 700 existing approval documents, but the actual products on sale should not exceed 100. The remaining 600 or so approval documents are called "zombie approval documents."

  Zhang Boli, an academician of the Chinese Academy of Engineering, believes that according to the national adverse drug reaction/event reports in the past five years, traditional Chinese medicines account for 12% and chemical drugs account for 81%. Traditional Chinese medicines are relatively safe. The core purpose of the promulgation of this regulation is to fill in the shortcomings of safety information in the instructions of Chinese patent medicines and promote the high-quality development of the Chinese medicine industry.

  

  Another point that has been misunderstood is that July 1, 2026 is not the real closing time.

  According to an article in the "People's Daily" on January 30, the "Special Regulations on the Registration and Management of Traditional Chinese Medicine" will be implemented on July 1, 2023, with a three-year transition period. In addition, the drug re-registration cycle is five years, and the policy actually sets a transition period of three to eight years.

  In other words, the real "closure" time should be in 2031.

  Improving the quality of traditional Chinese medicines is a general trend. In addition to the "Special Provisions on the Registration and Management of Traditional Chinese Medicines", many policies have been introduced recently.

  On February 5, eight departments including the Ministry of Industry and Information Technology issued the "Implementation Plan for the High-Quality Development of the Traditional Chinese Medicine Industry (2026-2030)" (hereinafter referred to as the "Implementation Plan").

  The "Implementation Plan" puts forward many clear quantitative goals, such as cultivating 60 high-standard traditional Chinese medicine raw material production bases; building 5 traditional Chinese medicine industry integrity innovation centers; promoting the approval of a number of innovative traditional Chinese medicine drugs for marketing, cultivating 10 new varieties of traditional Chinese medicines, and promoting the transformation of a number of medical institutions' traditional Chinese medicine preparations into innovative traditional Chinese medicine drugs.

  Innovative traditional Chinese medicine drugs have always been a top priority in the reform of the traditional Chinese medicine system, and some results have been achieved in recent years.

  According to data from the State Food and Drug Administration, since 2020, several first-class innovative drugs with "non-classic famous prescriptions" have been launched every year.

  

  In 2025, the number of approved new traditional Chinese medicines will accelerate. A total of 32 models were approved throughout the year, 7 of which were Category 1.1 innovative traditional Chinese medicines, a four-year high.

  Of course, there are more "ancient classic recipes" based on expert review mechanisms. In 2025, a total of 23 models will be approved, accounting for more than 70%.

  In addition to making a fuss about traditional Chinese medicine innovation, the government is also raising the threshold of the production process.

  On March 1, 2026, the "Special Provisions on the Supervision and Management of Production of Traditional Chinese Medicines" was officially implemented. This regulation puts forward stricter requirements on the processing, packaging, labeling and other aspects of traditional Chinese medicine.

  For traditional Chinese medicine companies, they are still in the throes of centralized procurement, with little innovation contribution, and the overall situation is still in a period of adjustment.

  According to statistics from China International Finance Securities, as of the third quarter of 2025, the gross profits and net profits of listed Chinese medicine companies have continued to decline.

  

  According to Choice data, as of the end of January, 29 Chinese medicine companies had disclosed their performance for 2025, and only one had an increase in net profit.

  The stock price trend also reflects the market's attitude towards the traditional Chinese medicine industry. When the market climbed to 4,000 points, the CSI Traditional Chinese Medicine Index was still hovering near 10,000 points, which is the 2020 level.

  

  If rare earths are no longer scarce, where is the trump card?

  Just when China was on the verge of overcoming GPU limitations, Japan, with the support of the United States, achieved a breakthrough in the field of rare earths.

  On February 2, the Japanese Cabinet Office announced that rare earth mud was successfully mined from the waters of Minamitorishima, and stated that if the experiment is successful, Japan is expected to start commercial mining in February 2027.

  

  According to reports from Nikkei and other media, this extraction is part of the "Japan Strategic Innovation and Creation Plan (SIP)", for which the Japan Marine Research and Development Agency has been preparing for 15 years.

  Japan emphasized that this is the first step for Japan to realize the domestic industrialization of rare earths.

  According to Japanese media estimates, the Minami Toriyama Sea is rich in mineral deposits, which can meet the current global consumption demand for dysprosium for 730 years and yttrium for 780 years.

  Once such huge amounts of rare earth elements are commercially mined on a large scale in Japan, it is destined that rare earth elements will no longer be scarce.

  Our response is nuanced. At the regular press conference of the Ministry of Foreign Affairs on February 3, the spokesperson stated that there have been such reports in Japan in recent years.

  Even more subtle are our actual actions.

  On February 6, Japan’s Kyodo News Agency reported that multiple trade sources said that relevant Chinese authorities have approved a number of rare earth exports to Japan. Sources said Japan was once worried that tightening controls would lead to a suspension of exports, but in fact there was no comprehensive embargo.

  How to understand it?

  It's a bit like the US's GPU restrictions on China. We have analyzed many times in our articles before that Japan, as the first country to be controlled by rare earths, has relatively mature response experience and has been actively preparing for the long-term independent control of rare earths.

  At present, the United States is becoming more and more important behind Japan.

  On February 3, according to media reports such as Zhitong Finance, Laochuan launched a strategic key mineral reserve plan. The estimated investment of $12 billion is aimed at reducing U.S. dependence on China for rare earths and other metals.

  Lao Chuan said that this reserve, called the "Vault Plan", will be the first critical mineral reserve in U.S. history, ensuring that American businesses and workers will never be harmed by any supply shortage.

  

  The US$12 billion in financing consists of two parts, with US$10 billion provided by the Export-Import Bank of the United States and US$2 billion from the private sector.

  What are the strategic mineral metals? The United States has not yet made it clear.

  However, according to the list of critical minerals released in November 2025, in addition to rare earths, 10 minerals including copper, silver, and uranium may be counted.

  The United States' strategic key mineral reserve plan has been recognized by many Western countries. After all, it has common interests with the United States in this regard.

  According to Jiemian News, Burgum, head of the U.S. National Energy Council, revealed that about 30 countries, including Japan, Australia and South Korea, hope to join a key minerals trading club composed of U.S. allies and partners.

  Burgum further stated that the club will implement tariff-free trade and exchanges and set a price floor for mineral products.

  In addition to rare earths, which other strategic minerals does China have strong control over? Tungsten, which is widely used in military and aerospace applications, is one of them.

  According to the United States Geological Survey, in 2025, China's tungsten reserves accounted for 52% of the world's total, and its production accounted for more than 80%.

  

  From the perspective of changes in reserves, China and Russia are the only countries with proven reserves that are still growing significantly.

  In 2023, China's tungsten ore resource reserves surged by 27.78%, and Russia's reserves also increased by more than 50% in 2020.

  As China's various "dig and dig" plans accelerate, China's tungsten resources may be able to reach a higher level.

  Compared with rare earths, China has stronger control over tungsten, and has a monopoly position from the most upstream resources to product processing.

  In February 2025, the Ministry of Commerce and the General Administration of Customs announced the implementation of export controls on tungsten and other related items. Export operators must apply for permission from relevant departments if they need to export.

  Two months later, the country also began to tighten its restrictions on tungsten resources.

  On April 21, 2025, the Ministry of Natural Resources issued a notice on the total volume control indicators for tungsten mining in 2025 (the first batch). Compared with 2024, the total amount has decreased by 6.45%.

  This is the first downward adjustment after 2020, and the global market believes that this is an irreversible trend.

  

  With changes in the supply structure and rising market expectations for tight supply in the future, tungsten products have surged across the board. As of February 13, 2026, the main varieties have increased by 4 to 5 times.

  According to data from the General Administration of Customs, China will export a total of 13,149 tons of tungsten products in 2025, a year-on-year decrease of 27.51%, and the control effect is obvious.

  In terms of imports, China will import 22,900 tons of tungsten products in 2025, a year-on-year increase of 37.59%. The signal of China’s tungsten hoarding is obvious.

  Overseas, except for Kazakhstan’s Bakuta tungsten mine, which has seen significant growth in the past two years, production in Canada, the United Kingdom and other European and American countries has fallen short of expectations.

  America's hope lies with Canadian company Almonty.

  In July 2025, it was revealed that Almonty had signed a three-year offtake agreement with a U.S. defense contractor for exclusive use by the U.S. military.

  In July, with the help of the United States, Almonty also landed on the Nasdaq. In half a year, its stock price increased more than four times, giving it more financing capabilities and accelerating the mining of tungsten resources.

  When Lao Chuan fights with Canada, he has to make careful decisions.

  Which provinces will rise in 2026?

  2025 is over. The GDP at the national level has reached the standard, but what about the local level?

  According to statistics from Caitong Securities, there is about a 50-50 split between those who achieved their goals and those who failed to achieve them.

  Hebei, Shandong, Shanghai, and Beijing exceeded their expectations, while Hainan, Inner Mongolia, Liaoning, and Guangdong had a bit high expectations for themselves.

  

  Don’t chase what’s gone, and keep working hard in the future.

  The local two sessions that just concluded have clearly outlined the growth blueprint for various regions in 2026. According to media reports such as Lianhe Zaobao, the major economic provinces (Guangdong, Jiangsu, Shandong, and Zhejiang) generally set their GDP growth target at around 5 in 2026, which may also be a national-level target.

  

  After leaders expressed greater tolerance for slowing economic growth, more provinces lowered their economic targets.

  As many as 19 countries have lowered their growth forecasts for 2026, and only Jiangxi has raised its growth target to 5%-5.5%.

  It is worth mentioning that Guangdong and Zhejiang have set range targets in 2026. The last time the two provinces set range targets was in 2019 and 2020.

  

  Look at key segmentation targets such as consumption and investment.

  According to agency statistics, the zero-weighted growth target of each province's social sector in 2026 is 0.2 percentage points lower than that in 2025. Does this mean that the national social zero target will be further lowered? It's possible.

  In terms of fixed investment, the weighted values ​​of each province are also a little lower than in 2025, a decrease of 0.5 percentage points.

  At the real estate level, urban village renovation and old community renovation, which have been relatively important in recent years, have also experienced varying degrees of decline.

  According to Huachuang Securities, the number of households renovated in urban villages dropped by 77% in Zhejiang and 68% in Chongqing. The renovation of old residential areas in Beijing fell by 76% and in Jiangsu by 57%.

  At present, only Shanghai has taken a positive stance on the transformation of urban villages and made it clear that it will fully launch the overall transformation project of urban villages. In addition, Shandong has also stepped up efforts to renovate old residential areas.

  

  Provinces with large economies are better equipped to develop science and technology industries. The Yangtze River Delta and the Greater Bay Area almost all regard technological innovation as one of their core tasks.

  For example, Zhejiang Province ranks first or second among its key tasks in 2026, with consumption ranking third.

  After reading the annual plans of various places, you will find that the variables are in the stock market and property market.

  Taking Shanghai as an example, in 2025, due to the wealth effect of the stock market, real estate, finance, and consumption will all perform better than expected.

  According to data from the Shanghai headquarters of the People's Bank of China, as of the end of December 2025, the balance of domestic and foreign currency deposits in Shanghai increased by 11.3% year-on-year, significantly outperforming the national level.

  According to analysis by the Money and Credit Research Department of the Shanghai Headquarters of the People's Bank of China, in Shanghai in 2025, the growth rate of demand deposits of households and non-financial enterprises has rebounded significantly from the end of the previous year, while the growth rate of time deposits and other deposits has fallen accordingly.

  This confirms the phenomenon of Shanghai investors moving their deposits.

  Unlike other regions, Shanghai also benefits from foreign investment. According to data from the Shanghai headquarters of the People's Bank of China, the total cross-border receipts and payments under Shanghai's securities investment will increase by more than 19% year-on-year in 2025, mainly due to foreign capital's participation in RMB asset allocation.

  Thanks to the stock market, Shanghai's property market is also heating up.

  According to statistics from the Shanghai headquarters of the People's Bank of China, at the end of 2025, housing loans in Shanghai increased by 8% year-on-year, significantly higher than the 2024 level.

  

  Similar places to Shanghai are Hong Kong.

  Against the backdrop of strong Hong Kong stocks and booming IPOs, Hong Kong assets have been collectively sought after, and the Hong Kong property market has shifted from recovery to growth.

  Currently, most institutions predict that Hong Kong's property market will rise by 5% in 2026, and the more optimistic Centaline Real Estate even believes that it will rise by 15%.

  If China's stock market continues to heat up in 2026, the wealth effect in developed regions will further emerge. Drawing on the experience of Shanghai and Hong Kong, the property market may recover faster than expected.

  If it comes true, the economic performance of developed provinces may exceed expectations, and the overall level of China's economy will therefore rise.

  In January 2026, second-hand housing sales in Shanghai, Beijing, Shenzhen and other places have exceeded expectations.

  According to official disclosures from various places, the cumulative transaction volume of second-hand houses in Shanghai in January exceeded 22,800 units, a year-on-year increase of 24.18%, which was the highest level in the same period in the past five years.

  In Beijing, 15,000 second-hand residential units were signed online in January, a year-on-year increase of 20.8%, holding steady at the boom-bust level of 14,000 units for three consecutive months.

  Shenzhen recorded 6,802 second-hand houses in January, a significant year-on-year increase of 45.5%, hitting a new high in the past 10 months.

  If the above performance continues, the economy in 2026 may be far beyond plan.

  This week's Tan articles are the last regular articles of Ye Tan Finance before the Spring Festival. We will start updating normally on February 21st (the fifth day of the Lunar New Year). Here, we wish all our friends good health and safety in the Year of the Horse in advance.

  7 hours ago