Macro strategy Daily: the project of "counting from the east to the west" was officially launched

The project of "counting from the east to the west" was officially launched

On February 17, 2022, the national development and Reform Commission and other four departments jointly issued a notice, agreeing to start the construction of National Computing hub nodes in 8 places, including Beijing, Tianjin and Hebei, the Yangtze River Delta, Guangdong, Hong Kong, Macao, Dawan District, Chengdu and Chongqing, and plan 10 national data center clusters. So far, the overall layout design of the national integrated big data center system has been completed, and the "counting from the east to the west" project has been officially launched. At the national level, we will promote each hub node to establish and improve the work coordination and promotion mechanism as soon as possible, strengthen the requirements for green development of data centers, and promote the transfer of more data centers to the West with richer renewable energy. At the same time, we will strengthen policy support in network, power and energy consumption, arrange network facilities such as new Internet switching centers and backbone direct connection points of the Internet of things around hub nodes, and promote each hub node to formulate practical and effective construction plans and supporting measures.

On May 25, 2021, the four departments jointly issued the implementation plan of computing hub of collaborative innovation system of national integrated big data center. In December of that year, multiple departments jointly approved four nodes, including Inner Mongolia, Guizhou, Gansu and Ningxia, and started the construction of National Computing hub nodes. This time, it was approved to start the construction of national computing power hub nodes in the four Eastern regions. So far, the overall layout design of the national integrated big data center system has been completed, and the "counting from the east to the west" project has been officially launched.

The application demand in the eastern region is large, but the energy consumption index is tight, the power cost is high, and the large-scale development of data center is difficult and limited; Some western regions are rich in renewable energy and have a suitable climate, but there are bottlenecks such as small network bandwidth and high cost of inter provincial data transmission, which can not effectively meet the needs of the East. Through the layout of national hub nodes, the data center can be guided to gather in the western resource rich areas and the surrounding areas of first tier cities at an appropriate distance, so as to realize the orderly development of the data center. After completion, the western data center will mainly deal with businesses with low network requirements such as background processing, offline analysis, storage and backup, and the eastern hub will deal with businesses with high network requirements such as industrial Internet, financial securities, disaster early warning, telemedicine, video call and artificial intelligence.

On the whole, the project of "counting from the east to the west" belongs to digital infrastructure construction, that is, new infrastructure construction. The construction of computing hub and data center cluster will expand the effective investment in upstream and downstream industrial chains and help the economy achieve steady growth. The data center industrial chain includes not only traditional civil engineering, but also it equipment manufacturing, information and communication, basic software, green energy supply, etc., which may boost the relevant industrial chains in the future.

Russian Foreign Ministry: the deputy head of the US embassy in Russia has been asked to leave the country

According to Xinhua news agency in Moscow, Russian Foreign Ministry spokesman zaharova said on February 17 that Russia has asked bartgorman, deputy head of the US embassy in Russia, to leave the country in response to the "unreasonable expulsion" of the minister counsellor of the Russian Embassy in the United States. Zaharova said in a statement on the same day that the United States ignored the Russian request and expelled the successor of the minister counsellor of the Russian Embassy in the United States before he took office, which exacerbated the serious shortage of Russian diplomatic mission personnel caused by the "visa war" launched by the United States. Zaharova said that Russia has repeatedly advised the United States at different levels to stop acts that worsen the operation of the diplomatic missions of the two countries and cancel all restrictive measures introduced in recent years. However, the US side only considers protecting its own interests, and everything else has been ignored. "Russia does not intend to tolerate such discriminatory practices."

A state Department spokesman said in a statement on the same day that the United States believes that Russia's "unwarranted expulsion" of Gorman has exacerbated tensions between the United States and Russia, and the United States is considering countermeasures. In addition, according to Russian media reports citing the US embassy in Russia, Gorman has a valid visa, has stayed in Russia for less than three years and has left Russia not long ago.

In April 2021, the US government announced large-scale sanctions against Russia and expelled Russian diplomats on the grounds of "malicious activities" such as Russia's cyber attacks and interference in US elections. Russia then took countermeasures such as expelling U.S. diplomats in Russia. In September of the same year, the United States asked 55 Russian diplomats to leave the United States in two batches in 2022. The Russian foreign ministry later said that Russia would respond to the expulsion of Russian diplomats by the United States in a reciprocal manner.

The financing balance increased. On February 16, the balance of A-share financing was 1623.255 billion yuan, an increase of 1.55 billion yuan month on month; The balance of margin trading was 172.032 billion yuan, an increase of 2.086 billion yuan month on month. The balance of financing minus securities lending was 1526.278 billion yuan, an increase of 1.013 billion yuan month on month.

Net inflow of land stock connect and net outflow of Hong Kong stock connect. On February 17, the net purchase transaction of land stock connect on that day was 1.72 billion yuan, including 43.576 billion yuan of purchase transaction and 41.856 billion yuan of sales transaction, with a cumulative net purchase transaction of 1654.86 billion yuan. Hong Kong stock connect had a net purchase transaction of HK $724 million on that day, including a purchase transaction of HK $10.799 billion and a sale transaction of HK $11.523 billion, with a cumulative net purchase transaction of HK $2229.342 billion.

Money market interest rates fell. On February 17, Bank Of Shanghai Co.Ltd(601229) inter-bank offered rate Shibor overnight interest rate was 1.8550%, down 8.70bp, Shibor one week was 2.0020%, down 5.50bp. The weighted interest rate of pledged repo of depository institutions was 1.8603% overnight, down 7.23bp and 1.9735% a week, down 5.61bp. The 10-year maturity yield of China national debt was 2.7799%, down 0.93bp.

European and American stock markets fell. On February 17, the Dow Jones Industrial Average closed at 34312.03 points, down 1.78%; The S & P 500 index closed at 4380.26 points, down 2.12%; The NASDAQ index closed at 13716.72 points, down 2.88%. European stock markets, French CAC index closed at 6946.82 points, down 0.26%; Germany's DAX index closed at 15267.63 points, down 0.67%; The FTSE 100 index closed at 7537.37, down 0.87%. In the Asia Pacific market, the Nikkei index closed at 27232.87 points, down 0.83%; The Hang Seng Index closed at 24792.77, up 0.30%.

The dollar index fell. On February 17, the dollar index fell 0.01% to 95.8216. The euro fell 0.11% against the dollar to 1.1363. The dollar fell 0.45% against the yen to 114.9250. The pound rose 0.24% against the dollar to 1.3614. The spot exchange rate of RMB against the US dollar closed at 6.3366, depreciating by 0.02%. The spot exchange rate of offshore RMB against the US dollar closed at 6.3341, depreciating by 0.02%. The central parity rate of RMB against the US dollar closed at 6.3321, up 0.22%.

Gold rose, crude oil fell and copper futures fell. On February 17, Comex gold futures rose 1.56% to close at US $1900.70 / ounce. WTI crude oil futures fell 0.67% to close at US $90.01/barrel. Brent crude oil futures rose 0.91% to close at US $92.94/barrel. COMEX copper futures fell 0.79% to close at US $4.5000/lb. LME copper three-month futures fell 0.33% to close at US $9923 / ton.

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