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On September 4th, the Qijing GX7 officially opened for pre-sale.On September 4th, the launching ceremony of the 2026 Zhejiang Province "Quality Month" activities and the 9th Yangtze River Delta G60 Science and Technology Innovation Corridor Quality Standards Conference were held in Hangzhou, Zhejiang. To build consensus across the upstream and downstream of the industrial chain, construct a collaborative governance framework for quality standards involving industry, academia, research, and application, and promote the high-quality development of the embodied intelligent industry, the conference released the "Initiative for Collaborative Construction of Quality Standards for the Embodied Intelligent Industry in the Yangtze River Delta G60 Cities" and the "Research Report on the Evaluation Index System of Quality Standards for the Yangtze River Delta G60 Science and Technology Innovation Corridor in 2025," among other achievements. The "Initiative for Collaborative Construction of Quality Standards for the Embodied Intelligent Industry in the Yangtze River Delta G60 Cities" proposes: prioritizing quality to solidify the foundation for industrial development; jointly building a standards system to connect industrial collaboration interfaces; and collaborative data governance to strengthen the foundation for intelligent training. Specifically, regarding prioritizing quality, the initiative focuses on the joint construction of a standards system, encouraging enterprises to actively participate in the formulation of national and industry standards, and further promoting the collaborative implementation of standards in areas such as basic general applications, core technologies, components, complete systems, and industry applications.On September 4th, according to the official WeChat account of "Beijing Shunyi," the "Development and Construction Plan for the Capital Airport Economic Zone during the 15th Five-Year Plan Period" has been officially issued. According to the plan, the Capital Airport Economic Zone will promote the high-quality development of a "1+4" industrial system over the next five years, with aviation services as the core and supported by pharmaceuticals and healthcare, intelligent manufacturing, logistics and trade, and business consumption. It aims to become a pioneering zone for the airport economy and build a first-class international airport city port. The plan sets 21 core indicators across five dimensions: hub, scale, industry, innovation, and quality. It specifies that by 2030, the parks revenue will reach 620 billion yuan, the district-level general public budget revenue will reach 4 billion yuan, and the annual import and export volume of the Tianzhu Comprehensive Bonded Zone will reach 200 billion yuan. The "1+4" industrial system will achieve an average annual growth rate of around 10%, the Tianzhu Comprehensive Bonded Zone will maintain a top-tier (A-level) performance evaluation, and the high-tech industrys revenue will grow at an average annual rate exceeding 10%, further highlighting its leading and driving role in the high-quality development of Shunyi Plain New City.September 4th - According to real-time data from Lighthouse Pro, as of 12:50 PM on September 4th, the film "Welcome to Dragon Restaurant" has surpassed 2 billion yuan in box office revenue.Documents show that Iraqs State Oil Marketing Organization (SOMO) is seeking diesel deliveries between September and December, marking its second such procurement tender this year.

Silver price analysis: XAG/USD declines from a 13-day-old resistance line below $21.00

Daniel Rogers

Mar 13, 2023 11:37

 截屏2022-07-29 上午11.05.40.png

 

Silver price (XAG/USD) maintains modest gains near $20.60 as it probes the metal's retreat from a key short-term resistance line on Monday morning. Despite this, the XAG/USD maintains its three-day winning trend and extends yesterday's recovery from the lowest levels since November 4, 2022.

 

Nonetheless, the impending bear cross on the MACD and the bullion's inability to remain above the 200-SMA, not to mention the failure to cross a two-week-old resistance line, give Silver price bears reason for optimism.

 

Consequently, the bullion remains on track to retest the two-week-old horizontal support zone close to $20.40. However, the metal's further decline may make it difficult to break the $20.00 psychological magnet.

 

The focus will then shift to the monthly low of $19.95 and the November 2022 low around $18.85.

 

On the contrary, recovery movements remain elusive unless the XAG/USD remains below the downward-sloping resistance line from late February, around $20.90 at the latest. The $21.00 round number also functions as an upside filter.

 

The previous week's high near $21.30 may serve as the last line of defense for the XAG/USD skeptics if Silver purchasers maintain control above $21.00.