This week, the global / national average daily newly confirmed cases were + 8.0% / + 163.2% month on month respectively. The National Health Commission released a new version of covid-19 diagnosis and treatment plan. This week, there were 1.79 million new confirmed cases worldwide, an increase of 8.0% over last week; There were 2146 new confirmed cases in 31 provinces (autonomous regions and municipalities) and Xinjiang production and Construction Corps, up 163.2% from last week. In March 14th, the national health and Health Committee released the New Coronavirus pneumonia diagnosis and treatment plan (trial version ninth). The key revisions include: (1) based on nucleic acid detection, additional antigen detection is added as a supplement to further improve the early detection ability of cases. (2) Light cases are managed in isolation and will not be sent to designated hospitals; (3) Write two specific anti covid-19 drugs approved by the State Food and drug administration into the diagnosis and treatment plan, namely paxlovid and domestic monoclonal antibody; (4) Modify the standards for release of isolation management and discharge, change from negative nucleic acid detection to nucleic acid detection CT value ≥ 35, and change from 14 days of isolation after discharge to 7 days of home health monitoring.
Mongolia, Japan, Vietnam, New Zealand, Cambodia, Canada and other countries further relaxed entry restrictions. (1) Mongolia: since March 14, entry personnel are no longer required to do covid-19 virus nucleic acid test or rapid test. (2) Japan: from March 14, the maximum number of people entering the country will be raised to 7000 per day. (3) Vietnam: from March 15, the border will be reopened to international tourists and international tourism activities will be fully resumed. (4) New Zealand: from April 12, the border will be opened to Australian tourists; The border is tentatively open to tourists from visa free countries in New Zealand from May 2. (5) Cambodia: from March 17, overseas passengers can enter Cambodia without negative nucleic acid test certificate; In addition, landing visas for sea, land and air inbound passengers will also be restored. (6) Canada: from April 1, people who have received full dose covid-19 vaccine will no longer need to provide virus test reports when entering Canada.
From January to February, the total amount of social zero was + 6.7% year-on-year, and the growth rate was higher than expected. According to the data of the National Bureau of statistics, from January to February, the total retail sales of social consumer goods reached 7.44 trillion yuan, an increase of 6.7% year-on-year. The growth rate was 2.8pct faster than the average growth rate in 2021, and the effect of consumption promotion policy was obvious. Catering and other contact consumption continued to recover, and commodity retail maintained a good growth trend. From January to February, the national catering revenue increased by 8.9% year-on-year, and the retail sales of commodities increased by 6.5% year-on-year. From January to February, the retail sales of grain, oil, food, tobacco, alcohol, beverages and daily necessities of units above the quota increased by 7.9% / 13.6% / 11.4% / 10.7% year-on-year respectively, and the retail sales of cosmetics, gold, silver and jewelry of units above the quota increased by 7.0% / 19.5% year-on-year respectively. In terms of sub channels, online consumption maintained a rapid growth. From January to February, the online retail sales of physical goods nationwide increased by 12.3% year-on-year.
Investment and financing of the industry this week: (1) Beauty: the R & D and manufacturer of skin care products "PMPM global formula" focuses on plant formula skin care products, which has recently won tens of millions of strategic investment. (2) Catering: the new Chinese fresh fruit tea brand "chadudu" has completed ten million yuan Angel round financing; Lanzhou beef noodle chain brand "Ma Xiangyuan" completed tens of millions of Yuan Angel round financing.
Risk tip: macroeconomic fluctuation risk, repeated epidemic situation and intensified industry competition.
