Wind power industry
OREAC: Global offshore wind power capacity could reach 1400GW by 2050
Recently, data from the Ocean Renewable Energy Action Coalition (OREAC) shows that global offshore wind power capacity may reach 1400GW by 2050.
The Ocean Renewable Energy Action Coalition was initiated in 2019 by leading companies and institutions in the global offshore wind power industry in response to ocean climate action.
The Ocean Renewable Energy Action Coalition stated that the 1400GW target is achievable, considering resource potential, technological innovation, and the willingness of governments to place offshore wind power at the center of the global energy transition.
The coalition said that 1400GW of offshore wind power capacity would then meet one-tenth of the world's electricity demand, reduce more than 3 billion tons of carbon dioxide emissions annually, and provide approximately 24 million jobs over the next three decades.
Other partner organizations include the Global Wind Energy Council (GWEC), the World Resources Institute, the United Nations Global Compact, the Wind Energy Professional Committee of the Chinese Renewable Energy Society, and Ocean Energy Systems.
Later this year, the coalition will release a report outlining the industrial policies and measures needed to achieve 1400 GW of installed capacity. The report will include the social and economic value of offshore wind power; the role of offshore wind power in addressing climate change; the policies, infrastructure, and market mechanisms needed for industry development; considerations regarding safety and the environment; the importance of symbiosis and coexistence with fisheries and other marine industries; and other marine renewable energy technologies.
Orsted's Head of Market Development and External Affairs said that offshore wind power has become a highly competitive source of clean electricity in a very short period of time, and its significant cost reduction over the past decade has resulted in an average annual compound growth rate of over 30%, making it more competitive than alternative fuels such as coal.

Steel
May Steel PMI Shows: Steel Industry Accelerates Recovery, Market Supply and Demand Rebound
The steel PMI in May was 50.9%, up 5 percentage points from the previous month, indicating an accelerated recovery in the steel industry. The sub-indexes show that steel production continued to rebound this month, market demand warmed up, leading to faster destocking by enterprises and society, and raw material prices rose significantly, while enterprise employment remained basically stable. It is expected that in June, the growth rate of steel production will decline, market demand may be tight, and raw material prices may remain high. Overall, in May, steel production maintained an upward trend, and steel demand recovered from the previous month, leading to faster destocking by steel mills and society. However, the increase in raw material prices was relatively large, especially iron ore, whose price continued to rise due to the overseas epidemic, putting greater pressure on enterprises to reduce costs and increase efficiency.
 

Post-epidemic Analysis of China's Nickel Supply and Demand Logic
It is expected that from 2020 to 2025, nickel prices will continue their strong performance driven by China's stainless steel and ternary battery materials, with an overall positive trend, but the price peak will not exceed the previous high. Affected by the global spread of the COVID-19 epidemic, it is expected that nickel prices will reach a basic balance globally in 2020, and the average annual nickel price will be around the 80th percentile of global nickel production. Considering the impact of the COVID-19 epidemic on the global economy, the shortage of nickel metal supply in China in 2020 may be alleviated due to the decline in stainless steel production, and gradually approach supply and demand balance, but the long-term trend remains unchanged. It is expected that by 2025, the supply gap of nickel metal in China will still be between 100,000 and 200,000 tons.

Composite materials
A new low-cost composite material separation technology
Recently, researchers from the UK have developed a new technology that allows for the quick and inexpensive separation or delamination of composite material structures using a simple heat source. To make composite parts easier to use, repair, and disassemble, the National Composites Centre (NCC) in Bristol and Oxford Brookes University jointly developed this technology, which is expected to have a significant impact on the use and recycling of structural components, including those in automobiles, aircraft, and wind turbines.
Researchers at Oxford Brookes University have demonstrated that by simply adding a small amount of expandable graphite or thermo-expandable microspheres to the structural adhesive typically used to bond composite parts, and further increasing the temperature of the joint to approximately 160°C, composite parts can be separated in just six seconds. The NCC has now demonstrated, as part of the UK's Technology Acceleration Programme, that this new method can work on an industrial scale, a program designed to move new ideas from the laboratory to the market.
The additive has minimal impact on the performance of the component in normal operation, but when heated to the required temperature, it exerts a force that causes the component to "pop" apart. This means that in the near future, composite components can be easily repositioned and reused during manufacturing, reducing waste and allowing for repairs, and improving recycling efficiency at the end of their service life.
Other areas that could benefit from this technology include aerospace and wind turbine blades. Currently, about 600 commercial aircraft are scrapped each year, and many modern models use a lot of expensive carbon fiber. The same is true for wind turbine blades, which are typically composed of a lightweight wood core and a metal or carbon fiber/glass fiber skin. It is estimated that when the UK's offshore turbine generators reach the end of their service life, the "decommissioning" value could be as high as £3.64 billion, and 10,000 tons of turbine blades will be discarded annually by 2035.
The project leader said that they can now work with industry to fully optimize the technology for specific applications and customize it as needed.
 

Fiberglass Industry and Market Outlook: Fiberglass Demand Growth Could Reach 6% in 2020
From a global perspective, fiberglass is mainly used in the construction and transportation sectors, accounting for 32% and 28%, respectively. In China, the downstream demand for fiberglass in construction, electronics and electrical appliances, and transportation accounts for 34%, 21%, and 16%, respectively, totaling more than 70%. In recent years, with the recovery of the global wind power and thermoplastic markets, wind power and other demands have become the main growth points for fiberglass demand. The application fields of the glass fiber industry involve various industrial sectors, so it is greatly affected by the macroeconomic situation, and its market demand cycle has a strong correlation with the economic cycle. In the past few years, the average value of the ratio of global fiberglass production growth rate to GDP growth rate is 1.58. Owens Corning predicts that the global fiberglass demand growth rate will be about 1.6 times the GDP growth rate. The IMF predicts that the global economy will grow by 3.4% in 2020, so the fiberglass demand growth rate will be between 5% and 6%.
 

Steady Growth in Construction Demand
Back-end applications in real estate account for a large part of fiberglass demand. With the acceleration of the real estate construction pace, the growth rate of completed housing area has turned positive for five consecutive months, and the recovery period for real estate completion has arrived, and the recovery of completion is expected to run throughout 2020. The demand for fiberglass in the construction sector will show steady growth, and may even exceed market expectations.
Lightweight penetration of automobiles brings long-term incremental growth
The demand for fiberglass in the transportation field is mainly in automotive parts, high-speed rail, ships, and highway geogrids. Future demand growth lies in the penetration of automotive lightweighting. Reducing the weight of a car by 10% will reduce fuel consumption by 6%. Under the increasingly stringent environmental protection environment, lightweighting will become a new direction for the future development of the automotive industry.
Wind turbine rush installation is still underway, and demand in the wind power sector is short-term worry-free
China's fiberglass industry is in its growth period, with downstream demand continuously expanding. Wind power generation is one of the major emerging fields. With the trend of large-scale wind turbine blades and the huge potential of offshore wind energy resources, the demand for fiberglass materials in the offshore wind power sector is expected to continue to increase.

Logistics
China's logistics industry prosperity index was 54.8% in May
China's logistics industry prosperity index rose by 1.2 percentage points from the previous month in May; China's warehousing index was 50.4%, up 0.1 percentage points from the previous month. In May, with the upstream and downstream of the supply chain becoming more active, and demand at both ends continuing to warm up, the logistics industry prosperity index continued to maintain a steady upward trend.
 

A series of major measures to reduce logistics costs have been implemented
The National Development and Reform Commission and the Ministry of Transport issued the "Opinions on Further Reducing Logistics Costs," a package of major practical measures, including conducting comprehensive pilot reforms of railway marketization; increasing the support of central budgetary investment and local government special bonds for the construction of major logistics infrastructure; reducing highway tolls, railway and aviation charges, etc.; studying and formulating the implementation plan for the construction of the national logistics hub network from 2021 to 2025; and encouraging mergers and reorganizations of large logistics enterprises in the market.
The "Opinions" propose to deepen reforms in key areas and reduce the institutional costs of logistics. This includes deepening railway marketization reforms. Selecting regions and some important railway freight lines (including the supporting transportation system) with dense railway networks, large freight demand, and prominent contradictions between supply and demand to conduct comprehensive pilot reforms of railway marketization, introducing market competition mechanisms, and carrying out reforms in investment and financing, planning and construction, operation and management, performance management, and transportation organization. Further relaxing market access to attract social capital to participate in the construction and operation of railway freight stations, warehousing and other logistics facilities.
At the same time, tax reduction and fee reduction measures in multiple fields such as highways, railways, aviation, and ports will also be gradually implemented. For example, implementing tax reduction and fee reduction policies for logistics, such as halving the urban land use tax for bulk commodity warehousing; comprehensively promoting differentiated charging for highways; encouraging qualified local governments to repurchase the right to collect tolls on ordinary toll roads for commercial operation, and implementing free passage for vehicles; simplifying railway freight miscellaneous charges; vigorously promoting "one-price" transportation of bulk goods; reducing port and quarantine charges; and reducing the level of regular charges for container import and export.

Real Estate
The "small spring" market continued in the land market in May
The land market continued the "small spring" market of last month in May. In May, the supply and demand of the land market in 300 large and medium-sized cities monitored nationwide continued to rise month-on-month, and the average land transaction floor price and premium rate also increased month-on-month.
Since April this year, with the overall recovery of the real estate market, local cities have increased the supply of land, especially some first- and second-tier hot cities have launched a number of high-quality land plots with superior entry conditions, which has continued to boost the land market.
In terms of transactions, a total of 1,932 plots of land were traded in 300 cities in May, with a total area of 72.49 million square meters. Among them, 729 plots of residential land were traded, with an area of 35.73 million square meters.
In terms of land revenue, the land transfer fees in 300 cities in May decreased by 5 percentage points month-on-month compared with April, but still slightly increased year-on-year. Overall, the total land transfer fees in 300 cities nationwide decreased by 5% month-on-month and increased by 3% year-on-year. Among them, the total transfer fees for residential land decreased by 2% month-on-month and increased by 8% year-on-year.
Due to the continued heat in the land market and the driving effect of the entry of high-quality land plots, the overall average transaction price of land in 300 cities in May increased month-on-month, and the average transaction price of cities at all levels increased year-on-year, with first-tier cities increasing year-on-year by double digits. Specifically, the average transaction floor price of 300 cities nationwide in May increased by 16% month-on-month and 31% year-on-year; among them, the average transaction floor price of residential land increased by 20% month-on-month and 28% year-on-year.
In terms of land premium rate, the average land premium rate in May increased slightly month-on-month. Among them, the premium rate of second- and third-tier cities remained basically flat month-on-month, and the premium rate of residential land decreased by 4 percentage points year-on-year. Specifically, the average premium rate of land in 300 cities nationwide was 17%, an increase of 1% month-on-month and a decrease of 3% year-on-year; among them, the average premium rate of residential land was 19%, an increase of 1% from last month and a decrease of 4% year-on-year.
From the perspective of the performance of the land market in different cities, the total supply and demand of first-tier cities in May increased month-on-month and year-on-year, and the land transfer fees led the increase among cities at all levels, with the premium rate increasing by 10 percentage points month-on-month. The overall supply and demand of second-tier cities decreased month-on-month and year-on-year, the average floor price increased slightly month-on-month, and the total land transfer fees shrank by nearly 20% month-on-month. The supply of third- and fourth-tier cities increased by 10% month-on-month, the transaction volume shrank by nearly 30% month-on-month, and the average floor price increased both month-on-month and year-on-year.

National Real Estate Development Investment and Sales Situation from January to May 2020
According to the "National Real Estate Development Investment and Sales Situation from January to May 2020" released by the National Bureau of Statistics, from January to May, national real estate development investment decreased by 0.3% year-on-year, with the decline narrowing by 3.0 percentage points compared with the period from January to April. From January to May, the sales area of commercial housing decreased by 12.3% year-on-year, with the decline narrowing by 7.0 percentage points compared with the period from January to April. The sales value of commercial housing decreased by 10.6%, with the decline narrowing by 8.0 percentage points compared with the period from January to April.
National real estate development investment decreased by 0.3%, and the decline continued to narrow
From January to May, national real estate development investment decreased by 0.3% year-on-year, with the decline narrowing by 3.0 percentage points compared with the period from January to April. Among them, residential investment remained flat, while it decreased by 2.8% from January to April.
From January to May, the area of land purchased by real estate development enterprises decreased by 8.1% year-on-year, with the decline narrowing by 3.9 percentage points compared with the period from January to April; the land transaction price increased by 7.1%, with the growth rate increasing by 0.2 percentage points.
From January to May, the funds in place for real estate development enterprises decreased by 6.1% year-on-year, with the decline narrowing by 4.3 percentage points compared with the period from January to April. Among them, domestic loans decreased by 0.5%; foreign investment increased by 15.3%; self-raised funds decreased by 0.8%; deposits and pre-received payments decreased by 13.0%; and personal mortgage loans decreased by 0.9%.
In May, the real estate development prosperity index increased by 0.49 points compared with April.
The decline in commercial housing sales continued to narrow, and monthly sales hit a new high this year
From January to May, the sales area of commercial housing decreased by 12.3% year-on-year, with the decline narrowing by 7.0 percentage points compared to the period from January to April. Among them, the sales area of residential housing decreased by 11.8%, the sales area of office buildings decreased by 26.7%, and the sales area of commercial and business housing decreased by 21.7%. The sales value of commercial housing decreased by 10.6%, with the decline narrowing by 8.0 percentage points compared to the period from January to April. Among them, the sales value of residential housing decreased by 8.4%, the sales value of office buildings decreased by 35.3%, and the sales value of commercial and business housing decreased by 26.6%.
At the end of May, the area of commercial housing awaiting sale decreased by 4.83 million square meters compared to the end of April. Among them, the area of residential housing awaiting sale decreased by 4.36 million square meters, the area of office buildings awaiting sale decreased by 0.21 million square meters, and the area of commercial and business housing awaiting sale decreased by 0.24 million square meters.

Intelligent Manufacturing
Analysis of the Market Status and Competitive Landscape of China's Collaborative Robot Industry in 2020: Domestic Share Continues to Grow
A collaborative robot is designed to interact closely with humans in a shared workspace.
5G+Intelligent Manufacturing: Promoting the Digital Transformation and Development of the Manufacturing Industry
I. Development Trends of Intelligent Manufacturing
Intelligent manufacturing is the main driver of innovation and development in the manufacturing industry and the main path for its transformation and upgrading. "New infrastructure" will provide key support for the high-quality development of the manufacturing industry and promote the digital transformation of the manufacturing industry.
5G technology will play a role in connecting everything, subverting traditional production methods, further expanding the fields and space for the development of the digital economy, and bringing new development opportunities to the intelligent manufacturing industry. Therefore, Industrial Internet of Things + Artificial Intelligence + Intelligent Manufacturing + 5G is an important component of promoting the high-quality development of the manufacturing industry.
II. Requirements for 5G+Intelligent Manufacturing
The technological advantages of 5G in data transmission rate, mobility, transmission delay, and the number of terminal connections will promote the interconnection of everything. With the penetration of 5G technology into the industrial field, within enterprises, 5G will become an important supplement to the industrial wired network; outside enterprises, 5G, combined with SDN, NVF and other new network technologies, will support the development of new models such as personalized customization, remote monitoring, remote maintenance, and intelligent services in intelligent manufacturing. The data-driven 5G+intelligent manufacturing system architecture may change the existing model, therefore, promoting the in-depth application of 5G, artificial intelligence, and big data in intelligent manufacturing will help to achieve the widespread application of 5G, the deep empowerment of AI, and the comprehensive data-driven integration.
III. 5G Intelligent Manufacturing Applications
5G has three characteristics: enhanced mobile broadband, ultra-high reliability and ultra-low latency, and massive Internet of Things. These characteristics, combined with smart factories, will play a role in product R&D design, intelligent assembly, remote maintenance, intelligent monitoring, digital twins, situational awareness, intelligent three-dimensional warehouses, 5G industrial standards, intelligent detection, cloud robots, multi-level collaboration, real-time control, and intelligent boring.
IV. Development of 5G+Intelligent Manufacturing
The implementation of 5G+intelligent manufacturing applications is a new challenge, and many industries are exploring it, but many difficulties have been encountered in the implementation process, especially in vertical industries. For example, the construction of a 5G industrial application standard system is imminent; 5G industrial chips are yet to be developed; 5G operation models are being explored; and industry digitalization, etc. Therefore, 5G technology is a new development trend, and many problems will still be faced during its implementation.
Therefore, it is necessary to strengthen the application of 5G, artificial intelligence, and big data technologies in the manufacturing industry and establish several application scenarios; strengthen the construction of new generation information infrastructure to promote the application of 5G industrial scenarios, and form standards around 5G innovative applications to cultivate 5G ecosystem enterprises; focus on key industries, implement 5G+intelligent transformation and new model applications, and create competitive industrial clusters; give full play to the close combination of production, learning, research, application, and government to create a 5G+intelligent manufacturing ecosystem.