Tesla CEO Musk started his unannounced trip to China on 28th. His private business jet was recorded by the flight tracking website until it arrived at Beijing Capital International Airport that afternoon. During this visit, Li Qiang, Prime Minister of the State Council, China, met Musk at Diaoyutai State Guesthouse, praising Tesla’s success in the China market as a model of Sino-US economic and trade cooperation, and reiterating that China will continue to welcome the participation and contribution of foreign-funded enterprises, and its huge market will remain open to the outside world. Musk’s visit was at the invitation of the China Council for the Promotion of International Trade, during which he also met with Ren Hongbin, president of the Council for the Promotion of International Trade. According to Reuters, Musk’s visit to China aims at promoting the application of Tesla’s fully automatic driving (FSD) system in China, and hopes to get approval to transmit the vehicle driving data in China to foreign countries for the training of autonomous driving algorithms. At present, according to regulatory requirements, all driving data collected by Tesla in China since 2021 are stored in Shanghai and not transferred to the United States. Musk predicted earlier that FSD technology would be provided to users in China. Experts pointed out that the complex traffic environment and high density of pedestrians and bicycles in China provided valuable data for optimizing intelligent driving algorithm.

Musk’s trip to China was immediately followed by his announcement that he would postpone his visit to India. He originally said that he could not make it because of his company’s busy business. Indian media widely reported this contrast, stressing that Musk chose to visit China when Tesla’s plan to build a factory in India was unclear.

It is worth noting that Musk’s visit to China coincided with his stay in auto china. Although Tesla didn’t participate in the exhibition, Musk conveyed his delight in the progress of electric vehicles in China through video interview after his arrival, and predicted the trend of full electrification of vehicles in the future. At the same time, Mary Bola, CEO of American General Motors, also made a low-key appearance at the Beijing Auto Show, showing that the international auto industry is highly concerned about the China market.

　　The favorable policies are intensively released, and the power exchange mode will take off in 2024.

　　With the popularization and promotion of new energy vehicles, as one of the ways to supplement energy, the power exchange mode has also been supported by the policy.

　　At the National Conference on Industry and Informatization held at the end of 2023 (December 21st), the Ministry of Industry and Information Technology clearly pointed out that in 2024, it is necessary to support the development of new energy vehicles’ electricity exchange mode and do a good job in the pilot area of full electrification of vehicles in the public domain.

　　In fact, looking back on 2023, it is not difficult to find that both the national level and local governments have issued a series of support policies to promote the construction of power exchange stations and the promotion of power exchange vehicles, which undoubtedly added new kinetic energy to the accelerated development of power exchange mode in 2024. This paper sorts out and summarizes the electricity exchange policy introduced in 2023 for the reference of the industry.

　　country

　　Ministry of Industry and Information Technology: Support the development of new energy vehicle power exchange mode in 2024.

　　On December 21st, the National Conference on Industry and Informatization was held in Beijing. The meeting stressed that in 2024, we should focus on high-quality development, highlight key points, grasp the key points, and do a good job in 12 key tasks. These include boosting large-scale consumption of new energy vehicles and electronic products. Deepen the integration of production and operation, and do a good job in ensuring the service of key foreign-funded projects in manufacturing.Support the development of new energy vehicle power exchange mode, and do a good job in the pilot area of comprehensive electrification of vehicles in the public sector.We will launch a pilot program of intelligent networked vehicle access and road traffic, and promote the scale application of Beidou and the development of satellite Internet.

　　Seven departments, including the Ministry of Industry and Information Technology, encourage the application of new energy vehicle power exchange mode.

　　On September 1st, the Ministry of Industry and Information Technology and other seven departments issued the Work Plan for Steady Growth of Automobile Industry (2023-2024), which pointed out that new energy vehicles should be organized to go to the countryside, enterprises should be encouraged to develop more advanced and applicable models, and the consumption potential in rural areas should be fully tapped. Encourage the application of new energy vehicle power exchange mode, and promote the deep integration and development of new energy vehicles and energy.

　　National Development and Reform Commission: Continue to promote the formulation of relevant standards for power exchange infrastructure.

　　On July 20th, the National Development and Reform Commission and other departments jointly issued "Several Measures on Promoting Automobile Consumption". Measures require strengthening the construction of supporting facilities for new energy vehicles. Continue to promote the formulation of relevant standards for power exchange infrastructure to enhance compatibility and versatility. Accelerate the popularization and application of power exchange mode, actively carry out the pilot of vehicle power exchange mode in the public domain, and support the construction of charging and replacing infrastructure in urban bus stations. Encourage qualified cities and highways and other traffic trunk lines to accelerate the construction of power exchange stations.

　　Ministry of Industry and Information Technology: Support business model innovations such as power exchange, financial leasing and "separation of vehicles and electricity"

　　On February 3, the Ministry of Industry and Information Technology and other eight departments jointly issued the Notice on Organizing the Pilot Work of Fully Electrified Vehicles in the Public Sector. The notice is clear, scientifically and reasonably formulate the promotion target of new energy vehicles, carry out diversified scene applications according to local conditions, encourage the promotion and application of new energy heavy trucks in specific scenes such as short-distance transportation, urban construction logistics and mines, accelerate the scrapping and updating of old vehicles into new energy vehicles, and accelerate the promotion of vehicles in the public domain. Fully electrified. Support business model innovations such as power exchange, financial leasing, and "separation of vehicles and electricity".

　　place

　　Guangzhou: Layout a batch of power exchange infrastructure ahead of schedule, and actively declare the national pilot city for power exchange.

　　On December 22nd, Guangzhou Development and Reform Commission issued the Medium and Long-term Development Plan of Guangzhou Automobile Industry (2023-2035). The document proposes to encourage enterprises to study and formulate highly compatible power exchange standards, speed up the popularization and application of power exchange modes, lay out a number of power exchange infrastructures in advance, and actively declare national pilot cities for power exchange.

　　Xinyang, Henan Province: Carry out the special construction action of electric vehicle power exchange facilities

　　On November 8, the Xinyang Municipal Government of Henan Province issued a notice on the "Three-year Action Plan for Electric Vehicle Charging Infrastructure Construction in Xinyang City (2023-2025)".

　　The notice pointed out that special construction actions for electric vehicle power exchange facilities should be carried out. Support new energy vehicle manufacturers to carry out group-type and large-scale power exchange station construction, implement the sales mode of "separation of vehicles and electricity", and promote the standardized construction and operation of power exchange stations; Support all localities to explore the construction of demonstration cities for power exchange in the fields of public transportation, mines, muck and sanitation, strengthen the dynamic monitoring of vehicles and power batteries in power exchange mode, and improve the level of safe operation. By 2025, the city has built a total of 5 power stations.

　　Yancheng, Jiangsu Province: Support the construction and layout of special power exchange stations around the application of ports, public transportation and urban transshipment.

　　On October 26th, Yancheng Municipal Government issued the "Implementation Opinions on Further Promoting the Healthy Development of Electric Vehicle Charging (Replacement) Infrastructure in the City". The document pointed out that the application of power exchange mode should be promoted, focusing on the application of ports, public transportation, urban transshipment and other scenarios, supporting the construction and layout of special power exchange stations, and accelerating the exploration and promotion of vehicle-electricity separation mode.

　　Shenzhen: Support the pilot of power exchange mode.

　　On September 15th, the Shenzhen Municipal Development and Reform Commission issued "Several Measures for Promoting Consumption in Shenzhen", which proposed to support the pilot project of new energy vehicle power exchange mode. Take the lead in piloting new energy replacement vehicles in heavy trucks and other fields, and subsidize heavy trucks that meet the pilot conditions. Encourage social capital to invest in the operation of the new energy vehicle general demonstration station, and support it in terms of land use, approval and operation.

　　Henan: By 2025, 100 power exchange stations will be built in the province.

　　On August 15th, the General Office of the People’s Government of Henan Province issued the "Three-year Action Plan for the Construction of Electric Vehicle Charging Infrastructure in Henan Province (2023-2025)", which proposed to carry out special construction actions for electric vehicle power exchange facilities. Support new energy vehicle manufacturers to carry out group-type and large-scale power exchange station construction, implement the sales mode of "separation of vehicles and electricity", and promote the standardized construction and operation of power exchange stations; Support all localities to explore the construction of provincial-level demonstration cities for power exchange in the fields of public transportation, mines, muck, sanitation, etc. Relying on the monitoring and management platform of new energy vehicles, strengthen the dynamic monitoring of vehicles and power batteries in power exchange mode, and improve the level of safe operation. By 2025, 100 power stations will be built in the province.

　　Tianjin: Actively build various facilities such as charging and replacing electricity, filling gas and hydrogenation.

　　On August 7th, Tianjin Housing and Urban-Rural Development Committee and Municipal Development and Reform Commission issued the Implementation Plan of Tianjin’s Urban Infrastructure Construction in the 14th Five-Year Plan. The plan pointed out that the construction of energy stations for new energy vehicles should be vigorously promoted. Comply with the requirements of the development of new energy vehicles, actively build various facilities such as charging and replacing electricity, refueling and hydrogenation, and strengthen the operation supervision of refueling and hydrogenation substations.

　　Jiangxi: Explore new modes such as separation of vehicles and electricity.

　　On July 12th, the People’s Government of Jiangxi Province issued the Action Plan for the Modernization of New Energy Industry Chain in Jiangxi Province (2023-2026). The plan mentioned that the infrastructure construction of charging and replacing new energy vehicles with charging as the main and replacing electricity as the auxiliary should be promoted, and new modes such as separation of vehicles and electricity should be explored.

　　Sichuan: further promote the pilot application of new energy vehicle power exchange mode (heavy truck characteristic category)

　　On July 7, the Sichuan Provincial Party Committee and the Sichuan Provincial People’s Government issued the Opinions on Supporting Yibin to Build a Pioneer Zone of Ecological Priority, Green and Low-carbon Development, proposing to implement the "Electric Yibin" action, support the construction of a comprehensive electric pioneer zone for vehicles in the public domain, and further promote the pilot application of new energy vehicles (heavy truck characteristics).

　　Chengdu: By 2025, 3,000 power exchange stations will be built.

　　On June 25th, the Office of the Leading Group for Building a Powerful Manufacturing City in Chengdu issued the notice of Chengdu New Energy and Intelligent Networked Automobile Industry Development Plan (2023-2030), proposing that by 2025, the deployment of new infrastructure will be accelerated, and 3,000 power exchange stations and 160,000 charging piles will be built.

　　Fujian: Building a Benign Business Model of Power Exchange

　　On June 5, the Fujian Provincial Department of Industry and Information Technology and other ten departments jointly issued the "Implementation Opinions on Comprehensively Promoting the Construction of" Electric Fujian "(2023-2025)", which pointed out the development of battery leasing. Support power battery leasing enterprises to become bigger and stronger, and radiate to the whole country. For power battery leasing and other businesses in the purchase and use, the rated capacity of power batteries will be subsidized according to 30 yuan/kWh, and the maximum subsidy fund for three years will be 100 million yuan. Encourage power battery manufacturers to take the lead in setting up various types of consortia to jointly create a benign business model of power exchange, and promote its application in the fields of new energy vehicles, electric ships, new energy construction machinery and agricultural machinery.　

　　Hohhot: By 2025, 60 power stations will be built.

　　On May 10th, Hohhot Bureau of Industry and Information Technology issued the Implementation Plan for the Promotion and Application of New Energy Vehicles and High-quality Industrial Development in Hohhot (2023-2025). It is mentioned that by 2025, the penetration rate of new energy vehicles will reach more than 20%, the number of new energy vehicles registered in the city will reach about 60,000, and a total of 20,000 charging piles and 60 power station replacement piles will be built. The integrated intelligent multi-function station of "light storage, charging and discharging" and "charging and replacing electricity" will be built according to local conditions, and the ratio of vehicles to piles will reach 3: 1, which basically meets the service demand of charging and replacing electricity for new energy vehicles.

　　Chengdu: carry out business model innovations such as separation of vehicles and electricity and exchange of electricity.

　　On March 10th, the General Office of Chengdu Municipal People’s Government issued the "Implementation Opinions on Promoting the Development of New Energy Vehicle Industry in Chengdu", which proposed to encourage state-owned platform companies to take the lead in cooperating with upstream and downstream enterprises in industrial chains such as complete vehicles, power batteries, new power systems and charging and replacing equipment, purchase new energy vehicles in bulk, and carry out business model innovations such as leasing, vehicle-electricity separation, power exchange and BOT (build-operate-transfer) to help promote new energy vehicles in various fields. By 2025, 3,000 charging and replacing power stations will be built. For the power exchange facilities included in the pilot scope, the construction subsidy will be given according to 300 yuan/kW, and the maximum operating subsidy of 200,000 yuan will be given to a single station according to 0.2 yuan/kWh every year.

　　At the same time, encourage and support industrial alliances to organize units such as complete vehicles, power batteries, intelligent systems, charging and replacing equipment, operations, finance, etc. to formulate group standards such as vehicle selection and application of replacement modes in sub-sectors.

　　Harbin: 100,000 yuan will be added to each power station.

　　On March 6th, Harbin officially promulgated the Detailed Rules for Supporting the Construction and Operation of Electric Vehicle Charging Infrastructure, which clearly stated that the maximum amount of temporary subsidy for charging facilities construction projects applying for central funds should not be higher than 60% of the purchase price of charging equipment, and the specific subsidy standard should be determined after comprehensive balance between the total amount of subsidy funds and the total amount of qualified charging facilities. 100,000 yuan will be added to each replacement station in the power station.

　　Shanghai: We will explore the sharing mode of power exchange service in advantageous areas.

　　On February 24th, the General Office of the Shanghai Municipal People’s Government issued a notice on "Implementation Opinions on Further Promoting the Construction of Charging and Replacing Infrastructure in this Municipality", which clearly stated that it would explore the sharing mode of power exchange services in advantageous areas. Accelerate the formulation of local standards such as the construction of power-changing vehicles, power-changing equipment and power-changing stations, break down the barriers to the application of power-changing technology across brands and vehicles, and promote the formation of unified power-changing standards in major application areas such as special vehicles and passenger cars. Strengthen technical research, and study and lay out special-purpose vehicle sharing power exchange stations around short-distance and high-utilization scenarios such as ports, logistics and sanitation. Explore the sharing mode of electricity exchange between taxis, network cars and private cars in cities, and encourage the construction of integrated sharing stations for charging and exchanging electricity.

　　(This article is from Gasgoo, Gasgoo)

　　The recent changes in the real estate market attract people’s attention.

　　Previously, house prices showed a downward trend, and the "inflection point theory" surged; Recently, various places have introduced real estate "rescue" policies, and whether the house price has stopped falling has become the focus. China Bank Institute of International Finance recently released a research report saying that the domestic real estate market will turn from the current "stagflation" to the downward stage dominated by cyclical factors. It is estimated that in the next two years, the national housing prices will drop by 10%, and the highest drop may reach 30%. According to the announcement of the Ministry of Finance on October 22nd, since yesterday, the tax policy of individual housing transactions has been adjusted to reduce the taxes and fees for housing transactions.

　　What is the future trend of the real estate market? Will house prices fall further and how long will the market adjustment last? Yi Xianrong, a well-known economist and researcher at the Institute of Finance of China Academy of Social Sciences, visited the live broadcast room of Guangzhou Daily Beijing News yesterday to comment on the housing market’s "bailout" and property prices, and exchanged views with netizens.

　　Bank loss-making business

　　May not actively implement the New Deal.

　　Despite the turbulent arguments about the "turning point" of the housing market, Yi Xianrong said that no one around him would buy a house, because the real estate market still needs to be adjusted, and it is best not to act casually without seeing the situation clearly.

　　Then, does the recent new government policy for the real estate market help the real estate market to "pick up"? Yi Xianrong, for example, said, "The recently introduced policy is such a concept, assuming that the base point of our house price is now 100, then, in fact, the psychological price for residents to buy a house is about 30~40. The government’s policy is actually to help the people reach the basic point of 100. The policy tone is to encourage consumers to buy a house, but the ladder is too short and may only climb five points. "

　　In addition, he also said that another key issue is that the new policy looks very good, interest rates and credit are very favorable. For residents who buy the first house, the mortgage interest rate is lowered by 0.7, but the cost interest rate of banks is higher than 0.7. This means that the more banks do mortgage losses, the more they lose. Although this is a good thing for ordinary people, it is a question whether banks are willing to do it.

　　This round of housing prices fell.

　　Has little to do with the subprime mortgage crisis.

　　The subprime mortgage crisis in the United States has caused the global economy to encounter downside risks. Is this macroeconomic environment an important reason for the decline in housing prices? Yi Xianrong believes that the decline in China’s real estate prices has little to do with the US subprime mortgage crisis.

　　"The main reason for this round of housing prices is that in the past few years, the government’s goal for the development of the real estate market was not clear, and the speculation in the real estate market and the demand for buying houses overlapped. Due to the low loan interest rate and few restrictions on buyers, many investors are desperately speculating, which eventually leads to soaring prices. "

　　Yi Xianrong said that the most crucial point is that real estate developers should reduce profits so that most ordinary people can afford to buy houses. Only when houses become popular products and everyone has consumer demand will the market gradually heat up. "Compared with other markets, the real estate market has its particularity. Since there has been a boom period of nearly 10 years, there will probably be a long adjustment period, and this round of adjustment will not be completed within one or two years. Of course, it also depends on the changes in the international economic situation and the economic situation in China.

　　Yi Xianrong believes that the stock market downturn has a greater impact on the real estate market. The sharp decline in the stock index has caused many investors’ property to shrink, and led to a great reduction in the flow of funds to the real estate market. If the stock market cannot be effectively adjusted, it is difficult to change the pattern of the real estate market. "So we must let the stock market have upside." In the last round of housing price increase, Beijing, Shanghai and Guangzhou are undoubtedly the three regions that attract attention in China. Among the three regions, Guangzhou, Shenzhen and other places adjusted their house prices earlier and faster. Yi Xianrong said that in this round of adjustment, one is because the house prices in this region rose rapidly last year, and the other is because the real estate enterprises in Guangdong have already entered the adjustment cycle. "I don’t think local governments such as Guangzhou and Shenzhen need to intervene in the adjustment of the real estate market."

　　Xi’ an provident fund loan

　　Limit the settlement within 7 days

　　According to the announcement of the Ministry of Finance on October 22nd, since yesterday, the tax policy of individual housing transactions has been adjusted to reduce the taxes and fees for housing transactions. The Ministry of Finance announced on the 22nd that from November 1, 2008, the deed tax rate will be reduced to 1% for individuals who purchase ordinary houses of 90 square meters or less for the first time. Temporary exemption from stamp duty on individual sales or purchase of housing; Temporary exemption from land value-added tax on individual housing sales.

　　According to CCTV reports, the Xi ‘an Housing Provident Fund Management Center of Shaanxi Province recently issued a regulation that individual housing provident fund loans that meet the loan conditions and have complete procedures are limited to seven days. (Zhongxin)

　　You don’t have to pay deed tax to buy a house?

　　The reporter found that it was just a discount for developers in disguise.

　　A few days ago, a real estate developer advertised "zero deed tax" for buying a house. Some citizens have doubts: Is zero deed tax an illegal operation? Can I still get the deed tax invoice? For this reason, the reporter learned from the developers and relevant departments that the original zero deed tax is only a form of disguised discount, not without tax.

　　A few days ago, a special report in the newspaper that said "zero deed tax" attracted the attention of Ms. Li, a citizen. I saw that the home buyers who subscribed for the products of the real estate developer were given a "zero deed tax" discount. For example, if you buy a 95-square-meter three-bedroom apartment, the down payment will be about 270,000 yuan and the deed tax will be about 13,500 yuan before the introduction of the new real estate policy. And participating in the "zero deed tax" activity of real estate developers can immediately reduce the deed tax of 13,500 yuan. In this regard, Ms. Li has a question: "Can the deed tax be reduced or exempted by real estate developers? Is there any invoice for tax exemption? "

　　On October 22, the state issued a new policy of purchasing houses, adjusted the individual purchase policy, and reduced some taxes and fees, among which the deed tax for the first purchase of houses below 90 square meters was reduced to 1%. It can be seen that the state does not have a policy of free deed tax. Then, is the "zero deed tax" activity of real estate developers illegal?

　　"According to laws and regulations, real estate developers have no right to avoid deed tax." Relevant tax officials told reporters that according to the current provisional regulations on deed tax, the units and individuals who bear the transfer of land and housing ownership in China must pay deed tax.

　　The reporter called a real estate company’s real estate for consultation, and the staff who answered the phone explained to the reporter that the so-called "zero deed tax" is actually a form of discount, "that is, we deduct the cost of paying deed tax from the house price. But in fact, you still have to pay the deed tax. " The staff said that developers will not pay the deed tax on their behalf, and buyers should pay the deed tax on their own. "The deed tax invoice is of course there." The person added.

　　Four cases of deed tax reduction and exemption

　　(a) state organs, institutions, social organizations and military units that inherit land and houses for office, teaching, medical care, scientific research and military facilities shall be exempted;

　　(two) urban workers in accordance with the provisions of the first purchase of public housing, shall be exempted;

　　(three) if the house is repurchased due to the loss of the house due to force majeure, the reduction or exemption shall be granted as appropriate;

　　(4) Other items of deed tax reduction or exemption as stipulated by the Ministry of Finance. (Zhao Linlin He Yingsi)

　　Yi Xianrong, a researcher at the Institute of Finance, China Academy of Social Sciences, was named as the "real estate civilian spokesman". He once said that the real estate industry in the mainland is a profiteering industry. "Most of the rich people are doing real estate, and the real estate industry has created a bunch of top rich people at a rapid pace."

　　The stock market has wiped out China’s assets. Basically, all the rich people are in the stock market. Now the stock market has dropped by 80%, and some stocks have dropped by 90%. Do you still have money to buy a house? Definitely not.

　　-Yi Xianrong

Editor: Li Erqing

　　As one of the largest institutional investors in China, the national social security fund has attracted much attention from the market. Recently, the Social Security Fund has many new ideas and actions on investment. Focusing on related hot issues, our reporter recently interviewed Dai Xianglong, chairman of the National Social Security Fund Council.

　　China is a developing country, and there is no surplus of funds. However, the channels for converting social funds into capital are too narrow, and the proportion of direct financing should be increased through multiple channels.

　　Reporter: You have served as the leader of commercial banks, central banks and local governments, and now you are in charge of the work of the Social Security Fund Council. It should be said that you have been exposed to the capital market from all angles. The 17th National Congress of the Communist Party of China proposed to optimize the capital market structure and increase the proportion of direct financing through multiple channels. What do you think is the significance of capital market to China’s economic and financial development? What aspects should we focus on to develop and improve the capital market at present?

　　Dai Xianglong: The capital market, also known as the long-term capital market, refers to places where various funds are borrowed and traded for more than one year. In China, the capital market mainly includes national debt market, stock market, medium and long-term corporate bond market and medium and long-term loan market. Developing capital market is of great significance for deepening the reform of financial system and promoting economic and social development. In terms of financing, enterprises can obtain long-term funds for production and construction, and most of these funds become enterprise capital, which improves their own development ability and corporate governance level; In terms of investment, it can preserve and increase the value of funds, generally speaking, it can get a higher return than the interest on bank deposits, which is beneficial for urban and rural residents to convert some deposits into equity and increase property income; In terms of market function, it can guide social funds to invest in regions, industries and enterprises with high efficiency in the use of funds; From the perspective of strengthening the national macro-control ability, it can promote the adaptation of capital supply and credit supply, reduce excess liquidity, reduce dependence on foreign capital, and better promote the balance of payments.

　　After long-term efforts, the reform and development of China’s financial industry has achieved remarkable results, but there are still many outstanding problems to be studied and solved, including the low proportion of direct financing. It has been 15 years since the Third Plenary Session of the 14th CPC Central Committee proposed to increase the proportion of direct financing, but the progress is not obvious enough. From 2001 to 2006, the ratio of stock financing to loan increase in that year was the lowest 2.1% and the highest 9.5%. In 2007, the stock market rose sharply by more than 20%, and this year it will definitely drop sharply. China is a developing country, and there is no capital surplus. Excess liquidity refers to the short-term capital supply exceeding the macro-control capital demand, which leads to the excessive growth of asset prices. At present, there is "excess liquidity" in China. First, because of the imbalance of international payments, foreign exchange reserves occupy too much RMB funds; Second, because of the insufficient capital formation and the rapid growth of credit capacity, the channels for converting social funds into capital are too narrow, and a large amount of funds are converted into credit funds. The unreasonable structure of social funds reduces the utilization rate of social funds. In recent years, to create 100 yuan’s GDP in China, it needs 160 yuan’s money supply, which is more than double that of the United States, and also exceeds that of Japan, which mainly relies on indirect financing.

　　The report of the 17th National Congress of the Communist Party of China proposed to "optimize the capital market structure and increase the proportion of direct financing through multiple channels". In this regard, we should conscientiously implement:

　　First, we should continue to expand stock financing. China’s economy and society have developed steadily, national strength has been continuously improved, market management has been gradually improved, and the stability and development of the stock market have a good foundation. By adjusting the financing rhythm, increasing institutional investment, strengthening system construction and innovating the stability mechanism, China’s stock market will surely develop steadily. At present, we should implement a tight monetary policy, focus on controlling inflation, and at the same time pay attention to the healthy development of the capital market and maintain the stability of the real estate market.

　　The second is to develop bond financing. By the end of June 2008, the total amount of bonds in China had reached 13.74 trillion yuan, but 91.5% were government bonds, policy financial bonds and central bank bills, and corporate and corporate bonds only accounted for 8.5%. It is necessary to speed up the development of enterprise credit rating agencies, improve the bankruptcy settlement mechanism, strengthen the coordination of financial regulatory agencies, and solve the guarantee problem of corporate bond issuance, so that the issuance and transfer of corporate bonds can be greatly developed.

　　The third is to create fund financing. Fund financing includes securities investment funds, venture capital funds and equity investment funds. At present, securities investment funds have been stipulated by law and have developed rapidly; Venture capital fund, which has administrative regulations, is small in scale; Equity investment funds or industrial investment funds are still in the experimental stage of reform and should be boldly and comprehensively promoted.

　　Reporter: In 2006, Tianjin applied to the State Council to set up the OTC market of unlisted public companies. What is the purpose of setting up this market? What role can it play in the whole capital market system?

　　Dai Xianglong: The securities trading market includes the on-site market and the off-site market. OTC market mainly refers to the over-the-counter market (OTC), which provides stock quotation and transfer services for public companies that fail to meet the listing conditions. The establishment of over-the-counter market is conducive to increasing the proportion of direct financing through multiple channels, providing capital for more and wider public companies than listed companies and promoting capital flow; It is conducive to providing capital for small and medium-sized enterprises that do not have listing conditions for the time being and are in the initial stage of development, but have strong growth, and promoting the development of small and medium-sized enterprises and scientific and technological small and medium-sized enterprises; It is beneficial for unlisted public companies to improve the corporate governance structure and provide more high-quality listed companies for the stock market.

　　It has become an established policy in the State Council to create conditions to build an OTC market and form a mechanism for quotation and transfer of shares of unlisted companies under unified supervision. The CPC Central Committee and the State Council have incorporated the development and opening-up of Tianjin Binhai New Area into the national development strategy layout, and the State Council has approved Tianjin Binhai New Area as a national comprehensive reform pilot zone, and made financial reform the focus of reform. On March 13th, 2008, the State Council officially approved the "Overall Plan for the Comprehensive Reform of Tianjin Binhai New Area", proposing that "it is necessary to create conditions for the establishment of a national unlisted public company equity trading market in Tianjin Binhai New Area". It is understood that this reform is being carried out quickly. Shanghai will gradually become an international financial center. Beijing, as the capital of China, is actually the financial decision-making management center of China. Tianjin will build an over-the-counter trading market, and other big cities will play an important role in the regional financial market. China has a vast territory and a growing economic aggregate. Under the unified planning of the state, we should give full play to the role of relevant cities and jointly promote the reform and development of China’s modern financial industry.

　　● The Social Security Fund does not directly invest in a single stock, and there is no so-called insider information source. It independently conducts investment business in accordance with relevant regulations.

　　Reporter: You have always stressed that social security funds should pursue the concepts of long-term investment, value investment and responsible investment. Recently, you also said that the Social Security Fund will do what we should do in the stable development of the stock market. Can you elaborate on the role played by social security funds in the stock market in recent years? Will the social security fund change in the way or proportion of stock investment in the future?

　　Dai Xianglong: On September 25th, 2000, the CPC Central Committee and the State Council announced their decision to establish the National Social Security Fund and set up the National Social Security Fund Council to manage and operate this fund. The National Social Security Fund is a central strategic reserve, which is mainly used to cope with the pressure that pensions can’t cover their expenses during the peak period of China’s aging. The fund comes from the central financial allocation, the income from the reduction of state-owned shares and the transfer of shares, part of the lottery public welfare fund, investment income, etc., and invests in fixed-income products, stocks and industrial investment. The national social security fund has formed a unique investment concept and style: First, it insists on long-term investment. In a long period of time, the state has no major expenditure arrangements for social security funds, and social security funds have always insisted on obtaining stable and high returns through long-term investment. The second is to insist on value investment. Social security fund investment has no so-called inside information, based on the analysis of financial market trends, investing in diversified financial products with high current and potential returns. The third is to insist on responsible investment. The investment decision of social security fund should not only ensure the preservation and appreciation of the fund, but also maintain the stability of financial market and promote the economic development of enterprises and regions. By the end of 2007, the total assets of the national social security fund were more than 500 billion yuan, and the average annual rate of return in the past five years was 10.7%. It is predicted that the total assets will exceed 1 trillion yuan by 2010.

　　Pensions in all countries are an important source of investment in the capital market and an important pillar to stabilize the stock market. There are more than $20 trillion in global pensions, accounting for a quarter of the global capital market. At the end of 2007, the national social insurance assets were 1.5 trillion yuan, the total assets of commercial insurance companies were close to 3 trillion yuan, and the urban and rural savings were 17.6 trillion yuan, and the ability to invest in the capital market was continuously enhanced. The national social security fund has played an important role in the development and stability of the capital market: first, the total investment has been increasing. At the end of 2007, the social security fund invested 485.4 billion yuan in stocks and various financial products with a term of more than one year, accounting for 95% of all assets, including 181.6 billion yuan in domestic and foreign stocks. The second is to insist on long-term investment. Especially when the stock market is depressed, it can show the stabilizing effect of social security fund on the stock market. The third is to promote the standardized operation of the fund industry. So far, we have selected 10 fund management companies as investment managers of the national social security fund to promote the fund management companies to continuously improve their management level. Fourth, the social security fund directly invested in enterprises and invested more than 40 billion yuan in equity investment funds to participate in the management of companies, which promoted the improvement of the governance structure of listed companies. With the strengthening of the national social security fund, we will play a greater role in promoting the development of the capital market.

　　Social security fund has gained some experience in improving investment management. The social security fund will invest in domestic and foreign stocks and some bonds, and implement entrusted management through open market competition for asset management companies. At the same time, the total amount of investment in various financial products shall be controlled in proportion, the proportion of investment in five years and each year shall be defined, the rolling operation shall be carried out, and fine-tuning shall be carried out quarterly within the allowable range. Practice has proved that the above investment management methods are effective. The Social Security Fund does not directly invest in a single stock, and there is no so-called insider information source. It independently conducts investment business in accordance with national laws and regulations and market supervision regulations, and in accordance with the National Social Security Fund Investment Management Regulations formulated by relevant departments in the State Council. Now, due to the stock market downturn, stock investment has been within the internal control ratio. I believe that our investment managers will definitely adhere to the concepts of long-term investment, value investment and responsible investment, and correctly handle the relationship between investment and risk. Doing so can not only maintain the stability of the stock market, but also meet the interests of the social security fund.

　　● The development of equity investment funds is conducive to converting some corporate and individual deposits into capital, reducing international capital inflows and alleviating the pressure of RMB appreciation.

　　Reporter: Under your impetus, China’s first industrial investment fund-Bohai Industrial Fund was established in Tianjin in 2006. In April this year, the State Council approved the National Social Security Fund to invest in industrial funds and equity investment funds; Recently, the Social Security Fund has invested 4 billion yuan in Xiang Ding Hui and Hongyi Funds. So, what role do you think equity investment funds can play in the development of capital market? What problems need to be solved in the current development of equity funds? Next, what are the plans of the social security fund in the investment of equity funds? Are you considering launching new funds and fund management companies with social security funds as the leading factor?

　　Dai Xianglong: Equity investment fund is a combination of capital and wisdom, which has a special function in promoting the development of capital market. The development of equity investment funds is an urgent need for enterprises to expand their capital, for investors to maintain and increase their value, for improving the capital market and for improving macro-financial regulation. As a developing country, China is not well-off in social funds. The current excess liquidity is due to insufficient capital formation, excessive credit capacity and unreasonable social capital structure. The development of equity investment funds is conducive to converting some corporate and individual deposits into capital, reducing international capital inflows and alleviating the pressure of RMB appreciation. At present, the development of equity funds should focus on studying and solving the following problems:

　　First, speed up the pilot reform. As early as 1997, the central government requested the formulation of industrial investment funds. Over the years, relevant departments have done a lot of work, but overall, the progress is slow. The industrial investment fund pilot working group led by the National Development and Reform Commission has been established for more than eight months, and the relevant work is progressing smoothly. We hope that the pilot working group will report the "Overall Plan for Industrial Investment Fund Pilot" as soon as possible, strengthen the guidance for the pilot work, and speed up the approval of relevant funds.

　　Second, measures for the management of equity investment funds should be introduced as soon as possible. The registration, management, transaction and taxation of equity funds shall be stipulated according to law, the supervision system shall be improved, and favorable conditions shall be provided for the development of equity funds in terms of investment and withdrawal. There are many administrative departments in China. Due to historical reasons and different angles, the same noun with the same basic attribute has different expressions in different departments, which often affects the promotion of related work. The operating principles of industrial investment funds and equity investment funds are basically the same, and equity investment funds are often referred to as private equity investment funds. Therefore, I suggest that industrial investment funds and private equity investment funds can be collectively referred to as "equity investment funds" in China at present, and corresponding management regulations or measures should be formulated as soon as possible. In terms of the establishment method of equity investment funds, the requirements for the establishment of corporate system, trust system and partnership system and the tax system are stipulated according to law, which are independently selected by investors.

　　Third, actively cultivate fund management professionals. At present, the development of equity investment funds is not a lack of money, but a lack of excellent management talents. It is necessary to speed up the training of senior talents in fund management, and appropriately set up Sino-foreign joint ventures or wholly foreign-owned equity investment fund management companies.

　　The National Social Security Fund will sum up the past experience of participating in launching a number of industrial investment funds, apply the policy that the State Council has given us that the total investment in equity investment funds can reach 10% of the total capital, and give full play to the role of social security funds in promoting equity investment funds. We will formulate measures for the management of social security funds investing in equity funds, select and hire fund management teams in an open, fair and equitable manner, and focus on investing in growing small and medium-sized enterprises. If the market needs it, we will consider setting up a new equity investment fund and its management company led by the National Social Security Fund, and compete reasonably with its peers in business development according to law.

　　● In the face of large fluctuations in the stock market, the social security fund will continue to adhere to the original investment philosophy and investment management methods, and stabilize the proportion of investment in stocks.

　　Reporter: In the past five years, the rate of return of the national social security fund was much higher than the inflation rate in the same period, achieving the goal of maintaining and increasing value. Especially in 2007, due to the proper investment strategy and the sharp rise of the stock market, the social security fund has realized income of 108.4 billion yuan. Judging from the situation this year, the performance of the stock market is not satisfactory. Can the social security fund continue to achieve better returns and what adjustments will be made in its investment strategy?

　　Dai Xianglong: Due to the changes in the financial market and investment structure, the investment returns of pension funds around the world fluctuate every year. Since last year, due to the global stock market decline, the return on pension investment in various countries has generally declined, and many funds have also suffered large losses. In 2007, the social security fund achieved a high income, but it can not be simply regarded as a one-year income, but the result of the long-term asset allocation of the social security fund during 2003-2006, and the result of the long-term investment goal of the social security fund. According to the minimum risk control requirement that the social security fund will not lose money on average for five years, the high income in 2007 will also bear the market risks and investment losses this year and in the future.

　　On June 30th, 2008, the stock markets of Shanghai Stock Exchange and Shenzhen Stock Exchange dropped by 48% and 45% respectively compared with the end of last year. This year is the first year that the Social Security Fund will implement the new Accounting Standards for Business Enterprises. Changes in the market value of trading products should be included in profit and loss accounting. The social security fund invests in stocks according to the prescribed proportion, and the decline in the market value of the stocks it holds is much lower than that of the Shanghai Composite Index in the same period. Nevertheless, the realized income of the social security fund in the first half of the year can’t offset the shrinkage of stock assets in the first half of the year, and the annual operating income of the social security fund is facing serious challenges.

　　To analyze and evaluate the investment performance of social security funds depends on the long-term results, and the fluctuation of short-term performance cannot and should not be used as the basis for evaluating the investment performance of social security funds. In the face of large fluctuations in the stock market, the social security fund will continue to adhere to the original investment philosophy and investment management methods, continue to adhere to the requirements of the established strategic asset allocation and annual tactical asset allocation, and the proportion of large-scale asset allocation will not change much. We will stabilize the proportion of investment in stocks, increase investment in fixed-income products, increase investment in direct investment in enterprises and equity investment funds, enhance the resilience of trading products, withstand the pressure of market fluctuations, and lay a good foundation for better investment returns in the next year. (Reporter Shi Mingshen Tian Junrong Xu Zhifeng)

Editor: Zhang Renhe

　　CCTV News:"Lhasa released" WeChat WeChat official account news. On September 3, the office of the Leading Group for Response to the COVID-19 Epidemic in Lhasa issued a notice saying that on September 2, 0— At 24: 00, there were 251 new cases of Covid-19 infection in Lhasa, including 18 newly confirmed cases and 233 asymptomatic infections. The newly confirmed cases and asymptomatic infections were all in Chengguan District, and they were all found in closed-loop isolation control.

　　Announcement of the Office of the Leading Group for Response to COVID-19 Epidemic in Lhasa City

　　[2022] No.41

　　I. Distribution of infected persons

　　September 2nd 0— At 24: 00, there were 251 new cases of Covid-19 infection in Lhasa, including 18 newly confirmed cases and 233 asymptomatic infections. The newly confirmed cases and asymptomatic infections were all in Chengguan District, and they were all found in closed-loop isolation control.

　　Second, the delineation of risk areas

　　On September 2nd, the closed control zone in Lhasa was not adjusted. Except for the closed control zone, the high-risk zone in Lhasa was adjusted to 22, and the medium-risk zone was adjusted to 25. Specifically:

　　(1) Chengguan District [including Wenchuang Park]

　　141 sealed control zones:

　　1. Barkhor Street Barkhor Community Area;

　　2. North Area of Bailin Community, Barkhor Street Road;

　　3. South Area of Bailin Community, Barkhor Street Road;

　　4. Barkhor Street Chongsaikang Community Area;

　　5. East of the southern section of Duosenge Road, Danjielin Community, Barkhor Street Road;

　　6. The area west of the southern section of Duosenge Road in Danjielin Community, Barkhor Street Road;

　　7. East of the southern section of Duosenge Road, Lugu Community, Barkhor Street Road;

　　8. The area west of the southern section of Duosenge Road, Lugu Community, Barkhor Street Road;

　　9. Barkhor Street Road Bypass Community North Area;

　　10. Barkhor Street Road Bypass Community Water Conservancy Bureau Family Courtyard Area;

　　11. Xi ‘an Hotel Area of Barkhor Street Road Bypass Community;

　　12. Xiasasu Community Area of Barkhor Street Road;

　　13. The area north of G318 in Caigongtang Street and east of Dansheng Road;

　　14. Baiding Village, Caigongtang Street;

　　15. Caicun District, Caigongtang Street;

　　16. Cijue Lindong Area;

　　17. Cijue Linxi Area;

　　18. Cijue Forest Central Area;

　　19. Yalong Sunshine Garden Area of Dunzhu Financial City;

　　20. Luoou Village, Duodi Street;

　　21. Garden area in the northern suburb of Sangyi Community, Duodi Street;

　　22. The seventh Anjuyuan area of Sangyi Community in Duodi Street;

　　23. The fourth and Lu ‘an Juyuan districts of Sangyi Community in Duodi Street;

　　24. Dongzunmingcheng District, Sangyi Community, Duodi Street;

　　25. The judicial district of Sangyi Community in Duodi Street;

　　26. Weiba Village, Duodi Street;

　　27. Yinqixiang District, Duodi Street;

　　28. Ejietang Community Area of Gamagongsang Street;

　　29. Gamagongsang Community Area of Gamagongsang Street;

　　30. North Community Area of Najin Road, Gamagongsang Street;

　　31. Unified Community Area of Gama Gongsang Street;

　　32. The area north of Beijing West Road, Jiacuo Community, Kutokuhayashi Street;

　　33. The second group area of Jiacuo Community in Kutokuhayashi Street;

　　34. Living area of Lhasa Hotel in Jiacuo Community, Kutokuhayashi Street;

　　35. A group of districts in Jiacuo Community, Kutokuhayashi Street;

　　36. Kutokuhayashi Street Lalu Community Thermal Power Plant Community Area;

　　37. Kutokuhayashi Street Lalu Community Communications Department Retirement Base Area;

　　38. Kutokuhayashi Street Lalu Community Tianlu Kangzhuo Community Area;

　　39. Kutokuhayashi Street Automobile Team 5 Community Area;

　　40. Kutokuhayashi Street Happy Community Area;

　　41. Kutokuhayashi Street Snow Community North Area;

　　42. Kutokuhayashi Street Snow Community Kutokuhayashi Temple Area;

　　43. Kutokuhayashi Street Snow Community and Heshun Community Area;

　　44. Huayu Tiandu District, Snow Community, Kutokuhayashi Street;

　　45. Jiare Residential Area, Snow Community, Kutokuhayashi Street;

　　46. Jingang Boutique Hotel Area, Snow Community, Kutokuhayashi Street;

　　47. Kutokuhayashi Street Snow Community Lhasa Xishang Hotel Area;

　　48. Kutokuhayashi Street Snow Community Lazhong Area;

　　49. Lanze Apartment Area, Snow Community, Kutokuhayashi Street;

　　50. Kutokuhayashi Street Snow Community Home Inn Tibet Museum Store Area;

　　51. Kutokuhayashi Street Snow Community Tibet Building Living Area;

　　52. Yamei Ecological Home Area of Kutokuhayashi Street;

　　53. Deji South Road, Cemenlin Community, Jibenggang Street;

　　54. Shanshui Hotel Area of Cemenlin Community in Jibenggang Street;

　　55. Yaowangshan Vegetable Market Area of Cemenlin Community in Jibenggang Street;

　　56. Jibenggang Community Area in Jibenggang Street;

　　57. Muru Community Area in Jibenggang Street;

　　58. Hot Muqi Community Area of Jibenggang Street;

　　59. Balangxue Community Area of Jiri Street;

　　60. A large area of old Tibet in Hebalin Community of Jiri Street;

　　61. RuiJ Hotel District, Hebalin Community, Jiri Street;

　　62. Shunxing Cordyceps Market Area in Hebalin Community of Jiri Street;

　　63. No.1 Middle School Area of Hebalin Community in Jiri Street;

　　64. Jiri Community Area of Jiri Street;

　　65. Tiebenggang Community Area of Jiri Street;

　　66. Hada Binhe Garden Area of Bayi Community, Jinzhu West Road Street;

　　67. Jiejiayuan District, Bayi Community, Jinzhu West Road Street;

　　68. Jinzhu Garden Area, Bayi Community, Jinzhu West Road Street;

　　69. Tibet Branch of Agricultural Bank of Bayi Community in Jinzhu West Road Street;

　　70. Anjuyuan District of Bayi Community Municipal Corporation in Jinzhu West Road Street;

　　71. Bayi Community Vocational School Area of Jinzhu West Road Street;

　　72. Niwei Community, Dangba Community, Jinzhu West Road Street;

　　73. Tianshun Community, Dangba Community, Jinzhu West Road Street;

　　74. Xicheng Hongfa Anjuyuan District, Dangba Community, Jinzhu West Road Street;

　　75. Anjuyuan Area in the western suburb of Dangba Community, Jinzhu West Road Street;

　　76. Xiyuan District, Dangba Community, Jinzhu West Road Street;

　　77. Danba Community Repair Factory Area of Jinzhu West Road Street;

　　78. Ge Sang Linka Community, Jinzhu West Road Community, Jinzhu West Road Street;

　　79. Geothermal Geological Brigade of Luodui Community, Jinzhu West Road Street;

　　80. Duanlong Retirement Base Area of Luodui Community, Jinzhu West Road Street;

　　81. Agricultural materials warehouse area of Luodui Community, Jinzhu West Road Street;

　　82. Shengyu Binjiang District, Luodui Community, Jinzhu West Road Street;

　　83. Tianyi Riverside Apartment Area in Luodui Community, Jinzhu West Road Street;

　　84. Sunshine Home Area of Luodui Community, Jinzhu West Road Street;

　　85. Luodui Community Mobile Company Area of Jinzhu West Road Street;

　　86. Intercontinental Hotel in Lhasa Holy Land Paradise;

　　87. Manxin Hotel Area, A Marinca Community, Liangdao Street;

　　88. Sangshi Apartment Area in Jia Marinca Community, Liangdao Street;

　　89. Shengma Square, Jia Marinca Community, Liangdao Street;

　　90. East of Yangdao Road, Marinca Community, Liangdao Street;

　　91. The area west of Yangdao Road, Marinca Community, Liangdao Street;

　　92. Anjuyuan District, Xianzu Island Community Central District, Liangdao Street;

　　93. Xianzu Island Ecological Community Area of Liangdao Street;

　　94. East Substation Area of Daozang Hot Community in Najin Street;

　　95. Gaji District 3, Daozang Hot Community, Najin Street;

　　96. Najin Street Daozang Hot Community Low-rent Housing Area;

　　97. Nijiyuan District, Daozang Hot Community, Najin Street;

　　98. Yishenyuan District, Daozang Hot Community, Najin Street;

　　99. Najin Street Daozang Hot Community Postal Village Area;

　　100. Ping ‘an Driving School Area in Gaba Village, Najin Street;

　　101. Jiarong Group 5, Jiarong Community, Najin Street;

　　102. The second, third, fifth and sixth districts of Langsai in Jiarong Community, Najin Street;

　　103. District 7 and 8 of Langsai, Jiarong Community, Najin Street;

　　104. Anjuyuan Area of Tianlu Branch of Jiarong Community in Najin Street;

　　105. The eighth Anjuyuan area in Najin Village, Najin Street;

　　106. Wanda Area in the eastern suburb of Najin Village, Najin Street;

　　107. Gangdui Community Area, Najin Village, Najin Street;

　　108. Country Garden Area of Naru Community, Najin Street;

　　109. Areas A and B of Chengguan Garden in Naru Community, Najin Street;

　　110. Hongfani Shengfengyu District, Naru Community, Najin Street;

　　111. Chama Residential Area in Tama Village, Najin Street;

　　112. No.1 Dongcheng District, Tama Village, Najin Street;

　　113. emerald bay District, Tama Village, Najin Street;

　　114. Gongbutang Community Area, Tama Village, Najin Street;

　　115. District 10 of Langsai, Tama Village, Najin Street;

　　116. A large area of new Tibet in Tama Village, Najin Street;

　　117. Yangcheng Square, Tama Village, Najin Street;

　　118. North Area of Abalinka Community, Niangre Street;

　　119. Cisongtang Community in Niangniang Street;

　　120. Geological Garden Area of Cisongtang Community in Niangniang Street;

　　121. The third residential area of Cisongtang Community in Niangniang Street;

　　122. Mingzhuyuan Area in the snowy area of Cisongtang Community in Niangniang Street;

　　123. Jisu Village, Niangniang Street;

　　124. Gaerxi Village, Niangre Street;

　　125. Renqincai Village Tibetan Medicine Factory Area in Niangre Street;

　　126. Gajikangsa District, Renqincai Village, Niangre Street;

　　127. Hongsheng Community Area, Renqincai Village, Niangre Street;

　　128. Renqincai Mansion Area, Renqincai Village, Niangre Street;

　　129. Xizang Autonomous Region Administration College Area;

　　130. Xijiao Electric Power Community Area;

　　131. Zhaxi Street Nizhuolin Community North Area;

　　132. South Area of Nizhuolin Community in Zhaxi Street;

　　133. Tuanjie New Village Community Area in Zhaxi Street;

　　134. East of Sala Road, Xiongga Community, Zhaxi Street;

　　135. West of Sela Road, Xiongga Community, Zhaxi Street;

　　136. Zhaxi Street Zhaxi Community Zhaji Road North Area;

　　137. Zhaxi Street Zhaxi Community Zhaji Road South Area;

　　138. Zhaxi Street Zhaxi New Village Community Livestock Institute Anjuyuan Area;

　　139. Hada Shopping Plaza in Zhaxi New Village Community, Zhaxi Street;

　　140. Zhaxi Street Zhaxi New Village Community Hada Community Area;

　　141. Zhaxi Street Zhaxi New Village Community Zhaxi New Village Area.

　　(2) Duilong Deqing District [including Economic Development Zone and Liuwu New District]

　　28 sealed control zones:

　　1. North Area of Group 12 of Dongga Community;

　　2. South Area of Group 1 and 2 of Dongga Community;

　　3. Group 345 of Dongga Community;

　　4. The first and second groups of Nanga Community;

　　5. Group III and Group IV of Nanga Community;

　　6. Group 567 of Nanga Community;

　　7. The first and second groups of communities in Sang Mu;

　　8. Group 345 of Sang Mu Community;

　　9. Yangda area;

　　10. Naiqiong area;

　　11. Gangdelin area;

　　12. Semanan area;

　　13. Jiare area;

　　14. Fudong site area;

　　15. Jintai site area;

　　16. Deji Kangsa Area in Economic Development Zone;

　　17. Fengtai Industrial Park in Economic Development Zone;

　　18. Xiangtiwan Area of Economic Development Zone;

　　19. Qingyue Hotel Area;

　　20. Tianfeng Xianghe Xiyuan Area;

　　21. Sunshine New Town Area;

　　22. Window of Lhasa;

　　23. Fortune Plaza Area;

　　24. Liuwu Building Area;

　　25. Hailiang Area;

　　26. Dunzhu Financial City Area;

　　27. Chagu Formation in Liuwu Village;

　　28. Deyang Village Area.

　　4 high-risk areas:

　　1. Yangda community 3 groups Pubuqi group;

　　2. Yangda Community Stray Dog Reception Center;

　　3. Ma Town is located in Xing Village;

　　4. Talents Apartment in Economic Development Zone.

　　2 middle risk areas:

　　1. Xiangheyuan Community in Dongga Street;

　　2. Plateau Electric Power Test R&D Center.

　　(3) Dazi District

　　1 high-risk area:

　　1. Keri Village, Bangdui Township.

　　2 middle risk areas:

　　1. Deqing Village, Deqing Town;

　　2. Group 2, Zhangduo Village, Zhangduo Township.

　　(4) Mozhugongka County

　　4 high-risk areas:

　　1. Group 2, Bangda Village, Nima Jiangre Township;

　　2. Renduogang Village, Menba Township;

　　3. Ladong Village, Tangjia Township;

　　4. Dezhong Village, Menba Township.

　　3 middle risk areas:

　　1. Group 6 of Ge Sang Village, Gongka Town;

　　2. Gaze Community in Gongka Town;

　　3. Gongka Village, Gongka Town.

　　(5) Linzhou County

　　3 high-risk areas:

　　1. Baiding Village, Songpan Township;

　　2. Gamba Village, Songpan Township;

　　3. Jiangxia Village, Jiangxia Township.

　　4 middle risk areas:

　　1. No.17 Ganqu Road, Ganqu Town;

　　2. Chujie Formation in Kadong Village, Chundui Township;

　　3. Dongcun Dongzu in Kazi Township;

　　4. Dangjie Formation in Dangjie Village, Bianjiaolin Township.

　　(6) Qushui County

　　5 high-risk areas:

　　1. Groups 1 and 2 of Xierong Village in Caina Township;

　　2. Group 3, Caina Village, Caina Township;

　　3. Lindui New Village, Caina Township;

　　4. Groups 1 and 4 of Deji Village, Niedang Township;

　　5. Commercial housing for poverty alleviation at No.2 Taizhou Road, Qushui Village, Qushui Town, Phase II.

　　5 middle risk areas:

　　1. The area of Caina Village in Caina Township except for 3 groups;

　　2. The area except Group 1 and Group 4 in Deji Village, Niedang Township;

　　3. Group 5, Xierong Village, Caina Township;

　　4. Groups 2, 3 and 5 of Redui Village, Niedang Township;

　　5. Qushui Village, Qushui Town, except Taizhou Road No.2 and Phase II poverty alleviation commercial housing.

　　(7) Nimu County

　　2 high-risk areas:

　　1. For example, Enze Neighborhood Committee at No.1 East Road;

　　2. No.40 Renmin Road.

　　5 middle risk areas:

　　1. No.38 and No.42 Renmin Road;

　　2. No.1 Renmin Road, Buildings 8, 9 and A;

　　3. Happy Community, No.7 Happy Middle Road;

　　4. Bagu Community, No.3 Bagu West Road;

　　5. Group 2, Bagu Village, Tarong Town.

　　(8) Dangxiong County

　　3 high-risk areas:

　　1. Sambasa Community in Yangbajing Town;

　　2. The Fourth Squadron of Dangqu Camp in Dangquka Town;

　　3. Rado Village, Yangbajing Town.

　　4 middle risk areas:

　　1. Dunling Village, Ningzhong Township;

　　2. Group 1 of Guoni Village, Wumatang Township;

　　3. Group 4 of Haoru Village, Wumatang Township;

　　4. Dangquka Town and County TV Station East Residential Building.

　　Since September 3rd, Lingyue Mansion, Nanlin Yujing Community, Layachao Hotel, Lhasa No.3 Senior Middle School, Kangle Garden, Yalong Sunshine Garden Community in Dunzhu Financial City Area, Group 2 of Zhangduo Village in Zhangduo Township, Dazi District, Group 5 of Dongcun Village in Kazi Township, Linzhou County, Dangjie Village in Bianjiaolin Township and Xierong Village in Caina Township, Qushui County. Group 3 in Luopu Village, Tangga Township, Dazi District, Group 1 in Baga Xue Cun, Tajie Township and Group 6 in Guoni Village, Wumatang Township, Dangxiong County were reduced to low-risk areas.

　　Lhasa responds to COVID-19 epidemic.

　　Work leading group office

　　September 3, 2022

In recent years, a new round of domestic consumption represented by "new domestic products" has risen in an all-round way, which is inseparable from China’s entry into a high-quality development stage. Generally speaking, new domestic products have entered a new stage of explosive growth, becoming a new engine for upgrading consumption and providing a new path for a high-level dynamic balance between supply and demand in the digital economy era. However, we should also see that the competitiveness of new domestic products in the mid-to high-end market still needs to be improved, the construction of "three products" ("increasing varieties, creating brands and improving quality") needs to be improved urgently, and the market environment and policy support are still not perfect. How to seize the rising opportunity of new domestic consumption and promote the development of domestic brands to a higher level? It is an urgent problem to think about.　

First, new domestic products have entered a new stage of explosive growth.

New domestic products are a series of original brands and old brands that have emerged in China market in recent years. The main goal is to meet the upgrading of residents’ consumption, and digital technology and digital management are the main means. It is a new growth point of consumption with distinctive characteristics of the digital economy era.

(A) Multi-field concurrent, driving the upgrading of household consumption in an increasingly wide range of fields.

The new domestic products cover more and more areas of residents’ daily consumption. In 2020, the top 20 new domestic brands will cover 10 areas of life consumption, such as mobile phones, clothing accessories, smart cars, smart homes, smart hardware, food, drinks, maternal and child, home, beauty and personal care. In 2020, the sales scale of the top 20 brands of new domestic products averaged 22.2 billion yuan, with an average year-on-year growth rate of 229%; The top 100 brands have been established for about 6 years on average, and the average sales scale has reached 5.4 billion yuan.

(B) High-frequency new hair, the leading role in consumer innovation has been highlighted.

The fashion leading force of new domestic products is constantly rising, which has become an important part of "first store economy" and "first economy". According to the survey, there will be more than 390 first-store brands in China in 2020, of which domestic brands (including Hong Kong, Macao and Taiwan) will account for about 70%, up about 10 percentage points from 2019. New domestic products have gradually become the characteristics and highlights of China’s international consumption center city construction. Taking Guangzhou as an example, among the 53 national first stores in 2020, 47 are new domestic products, accounting for 88.7%.

(C) short-term outbreak, the supply capacity to meet the consumption upgrade continued to improve.

Shortening the innovation cycle promotes the continuous improvement of the supply capacity of new domestic products. According to statistics, in 2020, the top 100 brands of new domestic products were basically established within 10 years, with an average of about 3 years. Some brands achieved explosive sales growth in less than 2 years. For example, the brand "Perfect Diary", a new domestic beauty brand established in 2016, achieved sales revenue of over 100 million yuan in the "618" shopping festival in 2021; The revenue growth rate of Yuanqi Forest, an emerging beverage with "0 sugar" as its selling point, will reach 309% in 2020, which is 8 times that of Coca-Cola.

Second, new domestic products have become the new engine for upgrading consumption.

In recent years, in line with the trend and demand of upgrading residents’ consumption, new domestic products have rapidly developed on the basis of the online retail market, and have emerged in all aspects of consumption fields such as clothing, food, housing, transportation and use. Generally speaking, the consumption of new domestic products shows the characteristics of rapid increase in market share, expansion of market incremental contribution and increasingly strong consumption vitality, which injects powerful new kinetic energy into consumption upgrading.

(1) The attention and market share of new domestic products have increased rapidly.

The attention of new domestic products continues to increase, and the market share is rapidly approaching and surpassing international brands. From 2016 to 2021, the attention of domestic products has been completely reversed in five years, and consumers’ attention to domestic products has changed from 10 percentage points lower than that of international brands to 50 percentage points higher than that of international brands (see Figure 1). Take FMCG industry as an example. According to the survey, in 80% market segments, the market share of domestic products exceeds that of international brands. Especially in the online retail market, the consumption of new domestic products is growing faster. In the online retail market in 2019, the market share of new domestic products reached 72%. In some market segments such as home appliances and food, the market share of new domestic products is as high as 80%.

Figure 1 Changes of domestic brands’ attention from 2016 to 2021

Source: Baidu & People’s Daily Online "2021 National Tide Pride Search Big Data Report"

(B) New domestic products have created more consumer market increments.

New domestic products have become an important source of incremental consumption market. According to statistics, in 2018, new domestic products contributed 76% of the growth of China FMCG market, which was 52% higher than that of international brands. In some large-scale e-commerce platforms, the contribution of new domestic products to the market increment is rapidly increasing. Research shows that the contribution of new categories to the market increment reached 44.8% in 2019, an increase of 15.2 percentage points over 2018. In addition, the active consumption of new domestic products has also attracted more social capital investment.

(C) Youth groups pay more attention to the new domestic products, which greatly drive the consumption vitality.

The improvement of China’s comprehensive national strength, the staged victory in epidemic prevention and control, and the achievements in safeguarding national enterprises represented by Huawei have greatly encouraged consumers, especially young people, to feel patriotic and identify with domestic products. In 2020, among the age distributions concerned by "National Tide", the post-80s, post-90s and post-00s accounted for 16.9%, 48.6% and 25.8% respectively, making a total of 91.3%. According to the survey, 90.7% of consumers are more willing to support domestic products, 64.5% will give priority to buying domestic products, 61.4% will pay special attention to whether the brand they choose is domestic products, and 56.7% will persuade their relatives and friends to support domestic products.

Third, new domestic products provide a new path for the dynamic balance between supply and demand in the digital economy era

Behind the rapid development of new domestic consumption is the interactive docking of manufacturing enterprises, brand enterprises and e-commerce platforms in China, which uses digital technology to reconstruct the supply chain of production, circulation and consumption, builds a new development model of accurately identifying demand, efficiently organizing production and quickly docking the market, and walks out of a new path of supply and demand matching and dynamic balance in the digital economy era.

(1) Fully tap the value of big data elements, and accurately understand and tap new demands.

Big data is a new production factor for new domestic products to gain insight into consumption trends, capture consumer demand and create consumer markets. Traditional commercial and retail enterprises focus on traditional factors such as land, manpower and capital, and their ability to use big data production factors is not strong, resulting in inefficient matching between supply and demand. E-commerce platform has become an important market information and consumer intelligence hub in the digital economy era. The innovation and development of new domestic products closely rely on digital channels such as e-commerce platform, social platform and live broadcast. Through the analysis and mining of big data information, we can accurately identify new demand and create new supply, thus constantly discovering new market opportunities. For example, a cutting-edge sparkling wine brand tested 14 new products on 10,000 consumers in four months by using the digital platform, and finally the listed products achieved far more sales than expected.

(B) to build Internet traffic operation capabilities, and quickly spread and connect with new markets.

For a long time, relying on the advantages of capital and experience, international brands seized and controlled the superior commercial circulation channels, and did not open them to domestic brands, resulting in domestic products being at a disadvantage in market competition. As China’s e-commerce market has become the most innovative and largest market in the world, new domestic products have seized the opportunity to establish a mature Internet "traffic" operation capability in the market competition, and created new marketing models that directly reach consumers, including social e-commerce, live broadcast and short video operation, and built new advantages for domestic brands in modern circulation. It is found that some international brands that have withdrawn from the China market in recent years have reserved their marketing departments to learn from China’s digital marketing model.

(C) the construction of a digital supply chain system, efficient coordination and organization of new supply　　　　

Digital supply chain system includes production organization and service innovation. On the one hand, foundries with high-quality manufacturing capabilities accelerate their docking with the domestic market with the help of new domestic products. As an important intermediate link, platform enterprises help foundries to connect brands and consumers, realize digital transformation and improve their ability to respond quickly to market demand. For example, a large-scale e-commerce platform quickly organized production and hatched a number of new domestic brands in response to the consumption boom of "small household appliances" such as "one-person food". Last year, the sales volume during the epidemic increased by 5-20 times compared with the same period of last year. On the other hand, the connotation of digital services supporting the development of new domestic products is constantly innovating and expanding. For example, the number of multi-channel network (MCN) organizations providing integrated digital services has rapidly developed from 160 in 2015 to more than 20,000 in 2020, which has helped the "online celebrity economy" to grow and develop. The digital supply chain system has changed the development mode of low-price competition in the past, supported new domestic products to move towards the high end of the value chain and quickly seize the middle and high-end market share. According to statistics, in 2020, the market share of new domestic products will reach 24.2%, 30.9%, 51.9%, 46.7% and 41.9% for the mid-to high-end products in the online market segments such as household appliances, food, medical care, culture and entertainment, and 3C digital products.

Fourth, the problems and obstacles faced by the development of new domestic products

New domestic products are still in the early stage of development, and the competitiveness of high-end markets at home and abroad still has much room for improvement. The ability to build "three products" is insufficient, the market environment and policy support are still not perfect, and sustainable development and lasting operation still need to be tested.

(A) the competitiveness of new domestic products in high-end markets at home and abroad is still insufficient.

At present, except for some fields such as food and beverage, cosmetics and clothing, the international competitiveness of new domestic products is still not strong in areas such as milk powder, luxury goods, high-end electronic products, health care products, etc., where the threshold for R&D investment is high and consumers demand higher, and there is still a large-scale consumption outflow every year. In addition, the recognition of new domestic products in some fields in the domestic market is not high. From the sales situation of the two e-commerce shopping festivals of "double 11" and "618" in the past two years, among the top 20 brands in cosmetics sales, new domestic products only account for 3; There are no new domestic products in the top 10 brands of milk powder. For some new domestic products whose quality is close to the international first line, there is still a big gap in investment in product research and development, brand management and human capital accumulation, especially in the construction of design talents, marketing talents and operation talents.

(B) New domestic products "three products" building capacity needs to be improved

There is still a big gap between the development of new domestic products and the international advanced level in the construction of "variety, quality and brand", and the effective supply capacity and level are still difficult to fully meet and fully adapt to the needs of consumption upgrading. In terms of varieties, large-scale enterprises lead the product design innovation, and a large number of small and medium-sized enterprises follow the imitation, and the original ability needs to be strengthened. In terms of quality, the foundry has formed a strong path dependence on OEM production and processing trade mode, and the release of manufacturing capacity to the domestic market is still insufficient; The concept of "small profits but quick turnover" and the self-positioning of "big brand replacement" of domestic brands are still deeply rooted. Some brands regard the national tide as a gimmick and ignore the improvement of quality connotation. On the brand, the marketing mode is mainly "explosive" marketing, lacking the long-term planning of building the overall image of the brand. Some brands rely too much on the domestic market and lack the awareness, vision and confidence of international development. In addition, the disorderly expansion and blind follow-up of capital have also contributed to short-sighted behaviors such as low-price competition and false propaganda.

(C) the market environment to promote healthy competition needs to be improved.

Small and medium-sized enterprises are the main players in the market of new domestic products, which are prone to low-level competition and unfair competition such as shoddy and false propaganda. For new brands and products, there is a problem of "one product is hot, and thousands of people copy it", so the protection of intellectual property rights and trade secrets needs to be strengthened urgently. The technical standard system lags behind the product production iteration, and some cross-border products lack relevant technical standards formulated by relevant departments and associations. The profit of some enterprises’ new products dropped from 80% to 10% within one year, which affected the continuous innovation power of enterprises. Due to the fast iterative speed of updating new domestic products, the accumulation of business information and credit information of enterprises is relatively insufficient, and the supervision cost is relatively high. At the same time, due to the rapid innovation of online marketing model, there are still a lot of regulatory gaps in the fields of live delivery and social e-commerce, and the collaborative governance model of government departments, platforms, industry associations and consumers is far from being established. Once the quality and food safety risks of "explosive models" appear, they will spread rapidly and widely, which will greatly impact consumer confidence.

(D) insufficient policy synergy to support the development of new domestic products

Globally, in order to support domestic brands to become bigger and stronger and go global, governments all over the world attach great importance to planning systematic policies covering production, circulation and consumption. Take South Korea as an example. In order to promote Korean local perfumes and cosmetics, the South Korean government requires duty-free shops to sell domestic cosmetics in at least one third of the area. At present, cosmetics account for over 50% of the total sales of duty-free shops in South Korea, and domestic cosmetics account for half of the total sales of cosmetics. At the same time, the South Korean government issued a cultural industry development plan, and implanted the brand into film and television cultural works, forming a good publicity and driving role. China doesn’t give much consideration to new domestic products in the planning of cultural tourism, activity promotion and business development, and the efforts to support domestic products by using the tax-free policy system are not strong.　

V. Policy suggestions

(A) to speed up the implementation of the "three products" upgrade strategy to enhance the quality of new domestic products.

On the basis of the original "three products" policy, we will implement the "three products" upgrade strategy, guide market participants to enhance the added value and soft power of products, and promote the "quality revolution." We will build a number of high-level laboratories for quality control and technical evaluation of consumer goods, accelerate the development of third-party quality inspection and certification services, and explore the establishment of a special certification system for quality traceability management systems. Strengthen competition behavior supervision, food safety supervision and quality supervision of new channels such as live e-commerce and social e-commerce. Improve the construction of relevant standards system for new domestic products, and promote the quality improvement and standardized development of domestic products.

(2) Accelerate the construction of an international consumption center city and create a number of world-renowned new domestic brands.

Take the brand of new domestic products as the focus of starting economy and first store economy, and form a benign mutual promotion between new domestic products and the development of international consumption center cities. Support domestic brands to enter world-class business circles, create new consumption scenes of domestic products in the upgrading of commercial streets, organize a series of distinctive new domestic products consumption promotion activities, and create a good domestic products business infrastructure and consumption atmosphere. Promote the integrated development of new domestic consumption and cultural tourism, and enhance the regional cultural characteristics and cultural connotation of new domestic brands.

(3) Actively explore the innovation of fiscal and taxation policies and enhance the incentives for the innovation and development of new domestic products.

Support domestic products to enter the duty-free retail market, encourage duty-free shops to sell more domestic brands, guide relevant enterprises to develop high-quality domestic products with special characteristics for duty-free channels, and build duty-free shops into an important platform to support domestic products, display their own brands and spread national traditional culture.

(4) Support new domestic products to go to sea and encourage new domestic products to continuously expand market space.

Support new domestic products to carry out cross-border e-commerce cooperation, lay out overseas warehouses, expand overseas supply chains, and promote the supervision mode of cross-border e-commerce enterprises exporting directly to enterprises and cross-border e-commerce exporting overseas warehouses to be applied nationwide. Support new domestic enterprises to cooperate with international brand enterprises in the form of equity participation, stock exchange and mergers and acquisitions, and improve the international operation ability of domestic brands. Strengthen the application of international law and enhance the ability to use international rules to safeguard the legitimate rights and interests of domestic brands in overseas operations.

(5) Strengthen publicity and support to promote the enthusiasm of "domestic consumption".

Set up the promotion content of new domestic products in publicity platforms such as "Double-product Shopping Festival" and "China Brand Day". Carry out a series of reports on domestic brands through multiple channels, introduce the development of various categories of domestic products, highlight the quality of domestic products, convey the spirit of domestic products, unite the brand identity of the people who love domestic products, and empower the brand building of domestic products. Analyze and tell the charm and advantages of "domestic products" from the perspective of the younger generation, improve consumers’ awareness and loyalty to their own brands, and enhance the pride of the people in buying new domestic products.

(The authors Wang Nian and Li Hanqing are both associate researchers of the Institute of Market Economy of the State Council Development Research Center, Su Nuoya is an assistant researcher of the Institute of Market Economy of the State Council Development Research Center, and Wei Wang is the director and researcher of the Institute of Market Economy of the State Council Development Research Center).

　　◆ On March 6, 2022, General Secretary of the Supreme Leader visited the members of the agricultural sector, social welfare and social security sector who attended the Fifth Session of the 13th Chinese People’s Political Consultative Conference, and participated in the joint meeting to listen to opinions and suggestions. He stressed that it is necessary to continue to exert efforts to promote the high-quality development of social security, weave a social security safety net, and ensure the well-being of the people.

　　◆ China has basically established a fully functional social security system with social insurance as the main body, including social assistance, social welfare and social preferential treatment. The basic medical insurance covers 1.36 billion people, the basic old-age insurance covers 1.03 billion people and the industrial injury insurance covers 280 million people, making it the largest social security system in the world.

　　◆ China has completed the course that many western countries have gone through for more than 100 years in decades, and successfully built a social security system with distinctive China characteristics.

　　◆ In 2013, 27-year-old Jin Rainbow came here and became a grassroots labor security assistant. After more than two years, she went over mountains and went door to door to visit and preach, and the participation rate of endowment insurance in Lianghekou Town also increased from 66% to 100%

　　◆ The number of people participating in basic old-age insurance, unemployment insurance and industrial injury insurance in China increased from 788 million, 152 million and 190 million at the end of 2012 to 1.03 billion, 230 million and 280 million at the end of March 2022, respectively.

　　◆ By the end of April, 2022, 57,300 designated medical institutions connected to the Internet were directly settled across provinces, 61,000 designated medical institutions connected to the Internet and 127,300 retail pharmacies were directly settled across provinces.

　　◆ "In the past, I could only go back to my hometown to participate in the old-age insurance for urban and rural residents. Now I can participate in the basic old-age insurance and basic medical insurance for enterprise employees in Shenzhen in my personal capacity. The treatment is higher and more in line with the actual needs. I am ready to participate in the insurance."

　　◆ Insist on doing our best and doing what we can, continuously improve the level of social security on the basis of sustainable economic and financial growth, and promote the high-quality and sustainable development of China’s social security cause.

　　Everything is long, and people’s livelihood is great.

　　Social security is the basic institutional guarantee to protect and improve people’s livelihood, safeguard social equity and enhance people’s well-being, and it is also an important institutional arrangement to promote economic and social development and realize that the broad masses of the people share the fruits of reform and development.

　　Since the 18th National Congress of the Communist Party of China, the CPC Central Committee with the Supreme Leader as the core has taken universal coverage of social security as the goal of building a well-off society in an all-round way, put the construction of social security system in a more prominent position, adhered to full coverage, guaranteed basic, multi-level and sustainable, made a series of major decisions and arrangements, and pushed the construction of China’s social security system into the fast lane.

　　China has basically established a fully functional social security system with social insurance as the main body, including social assistance, social welfare and social preferential treatment. The basic medical insurance covers 1.36 billion people, the basic old-age insurance covers 1.03 billion people and the industrial injury insurance covers 280 million people, making it the largest social security system in the world. This provides a more reliable and sufficient guarantee for the broad masses of the people and provides favorable conditions for building a well-off society in an all-round way as scheduled.

　　On March 6, 2022, General Secretary of the Supreme Leader visited the members of the agricultural sector, social welfare and social security sector who attended the Fifth Session of the 13th Chinese People’s Political Consultative Conference, and participated in the joint meeting to listen to opinions and suggestions. He stressed that it is necessary to continue to exert efforts to promote the high-quality development of social security, weave a social security safety net, and ensure the well-being of the people.

　　"The General Secretary of the Supreme Leader attaches great importance to the construction of the social security system, further clarifies the significance of social security and points out the next direction for us." Mo Rong, president of the Chinese Academy of Labor and Social Security, said.

　　On May 12, 2022, the nurse of the Second Affiliated Hospital of Southern Medical University comforted the little patient Ji Chunpeng who was preparing for the examination.

　　The social security system has distinctive features.

　　Since the 18th National Congress of the Communist Party of China, China’s social security system has entered a period of the greatest reform, the fastest development and the widest coverage.

　　China has completed the course that many western countries have gone through for more than 100 years in decades, and successfully built a social security system with distinctive China characteristics. The International Social Security Association awarded the "Outstanding Achievement Award of Social Security" to the government of China, and spoke highly of China’s great achievements in expanding the coverage of social security.

　　Institutional reform has been deepened. Since the 18th National Congress of the Communist Party of China, the Politburo meeting of the Chinese Communist Party and The Politburo Standing Committee (PSC) Conferences, the Central Committee for Comprehensively Deepening Reform and other conferences have repeatedly studied and deliberated the overall plan for reforming and improving the basic old-age insurance system and the opinions on deepening the reform of the medical security system, and made a top-level design for the construction of China’s social security system, with a series of major reforms progressing steadily and in depth — —

　　Unify the old-age insurance system for urban and rural residents, realize the integration of the old-age insurance system for government agencies, institutions and enterprises, and form two institutional platforms for employee pension and resident pension, filling the institutional gap of some groups lacking protection;

　　Integrate the basic medical insurance system for urban and rural residents, fully implement the serious illness insurance for urban and rural residents, set up the national medical insurance bureau, and jointly promote the "three medical linkages";

　　Establish and improve the central adjustment system of the basic old-age insurance fund for enterprise employees, balance the structural contradictions among provinces, and ease the pressure of fund payment in the central and western regions and old industrial bases;

　　Unifying the unit rate of old-age insurance and fully realizing the provincial-level co-ordination of old-age insurance have created conditions for mutual assistance in a wider scope and laid the foundation for the implementation of national co-ordination;

　　The construction of the trinity system of prevention, rehabilitation and compensation of industrial injury insurance has been actively promoted, and the functions of unemployment insurance to protect life, prevent unemployment and promote employment have been further highlighted … …

　　"The design of the social security system has been continuously improved, and the systematicness, integrity and synergy of the reform have been further enhanced. The people, regardless of urban and rural areas, regions, gender and occupations, have corresponding institutional guarantees in the face of risks such as old age, illness, unemployment, work injury, disability and poverty." Chu Fuling, director of the Social Security Research Center of the Central University of Finance and Economics, said.

　　Weave the world’s largest social security network. Xiaojin County, Aba Prefecture, Sichuan Province was once a national poverty-stricken county, and Lianghekou Town is one of the most remote towns in Xiaojin County. In 2013, 27-year-old Jin Rainbow came here and became a grassroots labor security assistant. In the following two years, she went over the mountains and went door to door to visit and preach, and the participation rate of endowment insurance in Lianghekou Town also increased from 66% to 100%.

　　Since the 18th National Congress of the Communist Party of China, around the goal of universal coverage and social security for all, China has vigorously implemented the universal enrollment plan and accurately promoted the enrollment of key groups. Thanks to the joint efforts of countless grassroots workers like Jin Rainbow, China has established the social security system with the largest number of people in the world, and established a national insurance database covering 1.39 billion people.

　　The number of people participating in basic old-age insurance, unemployment insurance and industrial injury insurance in China increased from 788 million, 152 million and 190 million at the end of 2012 to 1.03 billion, 230 million and 280 million at the end of March 2022, respectively. Nearly 100 million poor people have access to basic medical care, and 60.98 million poor people who have set up files and established cards have participated in basic old-age insurance, and the participation rate has stabilized at over 99.99%, basically achieving all the insurance coverage.

　　In Fishery Village, Chenxi County, Huaihua City, Hunan Province, all 148 villagers who used to make a living by fishing went ashore. Lv Jinzhen, a 75-year-old fisherman, can now get a monthly pension of 1,680 yuan and enjoy medical insurance benefits.

　　In recent years, the relevant departments have done a good job in the old-age insurance for fishermen who have been retired from the Yangtze River and landless farmers, and continued to promote the full coverage of basic medical care and old-age insurance. About 172,000 fishermen who have been retired from key waters have participated in the basic old-age insurance, promoting the coverage of this world’s largest social security network. Continue to expand.

　　The support capacity has been significantly improved. Since the 18th National Congress of the Communist Party of China, the income and expenditure scale of China’s social security fund has been increasing, and the fund’s support and guarantee capacity has been significantly improved.

　　In 2021, the total income and expenditure of China’s basic medical insurance fund (including maternity insurance) were 2.87 trillion yuan and 2.4 trillion yuan respectively. By the end of 2021, the accumulated balance was 3.61 trillion yuan, benefiting more than 4 billion people to seek medical treatment, which played an important role in solving the problem of difficult and expensive medical treatment for the masses, supporting the development of medical and health undertakings, maintaining social stability and promoting common prosperity.

　　By the end of March 2022, the accumulated balance of three social insurance funds, namely basic pension, unemployment and work injury, was 7.18 trillion yuan, and the fund operation was generally stable. Steadily carry out the investment and operation of the basic old-age insurance fund. By the end of 2021, the entrusted contract scale of the pension fund exceeded 1.5 trillion yuan, the annual investment income was more than 63 billion yuan, and the accumulated investment income was more than 260 billion yuan, with an average annual investment return rate close to 6.5%, which promoted the preservation and appreciation of the fund on the premise of ensuring safety.

　　In response to the aging population, China has continuously increased the strategic reserve of the national social security fund. At present, the fund’s rights and interests are about 2.5 trillion yuan, and the total state-owned capital of central enterprises and central financial institutions has been transferred to 1.68 trillion yuan.

　　In response to the COVID-19 epidemic examination, the medical insurance fund pre-allocated special funds exceeding 20 billion yuan, to ensure that patients are not affected by the cost problem, to ensure that hospitals are not affected by the payment policy, to quickly raise and pre-allocate funds for vaccine procurement, and to vaccinate more than 3.4 billion doses.

　　The system is becoming more and more perfect, the fund runs smoothly, and the system is safe and sustainable. In the past ten years, China’s social security system has been more emboldened to meet the challenges and has a stronger ability to resist risks.

　　Mujintu/Journal

　　Social security stabilizer continues to exert its strength.

　　Social security is a "safety net" and a "stabilizer", which is closely related to people’s happiness and well-being.

　　Since the 18th National Congress of the Communist Party of China, under the strong leadership of the CPC Central Committee with the Supreme Leader as the core, the level of various insurance benefits in China has been steadily improved, and the quality of service has been continuously improved, so that more people can get a sense of security, medical care and help, and play an important role in safeguarding and improving people’s livelihood.

　　Social security benefits have been steadily improved. "It will be issued on time every month, and it will increase by a hundred dollars every year." Speaking of pensions, Hui Dezhang, a retired worker from Xuancheng Building Materials Corporation, Anhui Province, is very satisfied. The old man retired in 1999 and got 399 yuan a month. Now his monthly pension has risen to 3,265 yuan, and it will rise by more than 100 yuan this year.

　　In the past ten years, China has kept the level of social security in line with economic development and steadily improved the level of various social security benefits.

　　The basic pension for retirees has been raised year after year — — The monthly per capita pension of enterprise employees increased from 1686 yuan in 2012 to 2987 yuan in 2021, benefiting more than 130 million retirees.

　　In 2022, the central government has raised the minimum standard of basic pensions for urban and rural residents four times, and all provinces have raised local basic pensions on this basis. In the first half of 2022, 12 provinces have decided to raise local basic pensions. The level of unemployment and work-related injury insurance benefits has steadily improved, and the national average monthly unemployment insurance premium level has increased from 707 yuan in 2012 to 1585 yuan in 2021.

　　The proportion of medical insurance reimbursement continues to increase — — Within the scope of employee medical insurance and residents’ medical insurance policies, the proportion of hospitalization expenses paid is about 80% and 70% respectively. The per capita financial subsidy standard of residents’ medical insurance has been raised from 240 yuan to 610 yuan, benefiting 1 billion urban and rural residents.

　　The people’s medical burden has dropped historically. The state has concentrated on purchasing 6 batches of 234 kinds of drugs with an average price reduction of 53%, and concentrated on purchasing 2 batches of consumables with an average price reduction of over 80%, thus reducing the drug consumption burden by over 500 billion yuan.

　　The bottom guarantee is solid and powerful. Wang Jingjiang, a villager in Dagao Village, Suixi County, Anhui Province, was poor due to illness, and the government paid the old-age insurance premium and arranged public welfare posts for him. "Now I have not only got rid of poverty, but also contracted 30 mu of land in the village, and my life is getting better and better." Wang Jingjiang said.

　　Since the 18th National Congress of the Communist Party of China, relevant departments have paid pension and medical insurance premiums for needy groups, given appropriate priority to poor people in all aspects of social security implementation, such as pension, medical care, work injury, maternity and unemployment, and ensured that all the urban and rural minimum living allowances, people with special difficulties and low-income families should be guaranteed and rescued, and the social security network became stronger and stronger.

　　From 2017 to 2020 alone, the state paid 12.9 billion yuan to urban and rural residents for 119 million person-times. By the end of 2020, a total of 60.98 million poverty-stricken people with established files will participate in the old-age insurance, and 30.14 million poor elderly people will enjoy the old-age insurance benefits for urban and rural residents.

　　Nearly 100 million poor people have achieved basic medical care, and nearly 10 million poor households have achieved accurate poverty alleviation due to illness. After the overall victory in helping the fight against poverty, the protection for those in need is undiminished. In 2021, the state paid 2.68 billion yuan of old-age insurance premiums for urban and rural residents for 23.54 million needy people.

　　"The CPC Central Committee with the Supreme Leader as the core adheres to the people’s supremacy and common prosperity, and regards improving people’s livelihood and welfare and promoting social equity as the fundamental starting point and foothold of developing social security, so that the fruits of reform and development will benefit all people more fairly." Zheng Gongcheng, president of China Social Security Society, said.

　　Service optimization is convenient and efficient. Apply for medical insurance card, cross-provincial medical record, medical insurance reimbursement, and receive unemployment insurance benefits … … Nowadays, more and more social security services can be handled at the "doorstep". Social security affairs that originally required "two places to run" can also be done across regions.

　　Rong Jingfeng, a villager who got rid of poverty in Fengjiadong Village, Shanying Town, Anyang City, Henan Province, has a personal experience: "I am inconvenient to move, and my son suffers from uremia. In the past, I asked the village cadres to drive us to the district medical insurance center to apply for medical insurance reimbursement and medical assistance. Now, you can do it without leaving the village. "

　　By the end of April, 2022, 57,300 designated medical institutions were directly settled across provinces, 61,000 designated medical institutions were directly settled across provinces, and 127,300 retail pharmacies were directly settled across provinces.

　　In addition to doing it nearby and across regions, it can also be done online. After Liu Lingzhi, a retiree from Shijiazhuang, Hebei Province, applied for an electronic social security card, he can scan the code to buy medicines in some pharmacies, and the medical insurance card records and pension payment can be checked online.

　　The number of social security card holders in China has increased from 341 million at the end of 2012 to 1.355 billion. Among them, the total number of applications for electronic social security cards has exceeded 540 million, and 43 businesses, such as receiving pension qualification certification, have achieved "one network" nationwide.

　　Reducing burdens and stabilizing posts to help enterprises develop. Chongqing Jiayang Taxi Co., Ltd. received a stable return fund of 220,000 yuan. Affected by the epidemic, the income of this enterprise with more than 900 employees has decreased significantly. "The support of the government’s real money is conducive to the stable employment of enterprises." Wang Qing, head of the company, said.

　　Since the outbreak of COVID-19, China has implemented an unprecedented combination of "reducing, delaying, returning and supplementing" policies, that is, continuing to reduce unemployment and work-related injury insurance rates by stages, allowing three social insurance premiums to be postponed by stages according to regulations, improving the standard of returning unemployment insurance to qualified enterprises, making efforts to implement social security subsidies, training subsidies, etc., and making efforts to reduce burdens and relieve difficulties for enterprises, and stabilize and expand their posts.

　　For the unemployed, on the basis of regular payment of living allowance and raising the standard of unemployment insurance, we will implement the policy of expanding the coverage of unemployment insurance, so as to maximize the coverage. From January to May this year, 33.4 billion yuan of unemployment insurance benefits has been distributed to more than 5.6 million insured unemployed people.

　　In 2020, the three social insurances of pension, unemployment and work injury will reduce the burden on enterprises by 1.54 trillion yuan, accounting for 2/3 of the total amount of tax reduction and fee reduction. In 2021, unemployment and work-related injury insurance premiums will be reduced by over 150 billion yuan, unemployment insurance benefits will be paid 102.85 billion yuan, and unemployment insurance will be returned to 23.1 billion yuan. "In 2022, various social security policies are expected to release a policy dividend of 450 billion yuan." Yu Jiadong, Vice Minister of Ministry of Human Resources and Social Security, said.

　　On June 15, 2022, villagers in Buxia Village, Nanma Street, Yiyuan County, Shandong Province rested in the activity square of Minsheng Complex. Since 2021, Yiyuan County has built a multi-in-one people’s livelihood complex with elderly canteens, public bathrooms, central village clinics (convenience pharmacies) and convenience supermarkets as the main bodies, supplemented by other service functions. Photo by Zhu Zheng/This magazine

　　High-quality development of social security

　　There is no end to safeguarding and improving people’s livelihood, only a continuous new starting point.

　　The Fifth Plenary Session of the 19th CPC Central Committee defined the objectives and tasks of improving the multi-level social security system, and the "14th Five-Year Plan" and the long-term goal outline for 2035 drew a blueprint for the future development of China’s social security. In accordance with the planning and deployment, we will continue to deepen reform, strengthen the construction of social security system, persist in doing our best and do what we can, continuously improve the level of social security on the basis of sustainable economic and financial growth, and promote the high-quality and sustainable development of China’s social security cause.

　　Deepen reform and continuously improve the institutional system. Reform and innovation is an inevitable requirement to promote the social security system to be more mature and stereotyped.

　　In April, 2022, the Opinions of the General Office of the State Council on Promoting the Development of Personal Pension was published, and the long-awaited personal pension system was officially released, which will effectively supplement the basic old-age insurance.

　　From January 1, 2022, the basic old-age insurance for enterprise employees was implemented nationwide as a whole. Qi Tao, deputy director of the Department of Endowment Insurance in Ministry of Human Resources and Social Security, said that after the implementation of the national overall planning system, the current surplus and deficiency of inter-regional endowment insurance funds will be adjusted nationwide to ensure that pensions are paid in full and on time, which will solve the structural contradiction of the funds in the system and make the payment of pensions in difficult areas more secure.

　　Accelerate the promotion of provincial-level co-ordination of industrial injury and unemployment insurance, and improve the mutual assistance ability of funds; Continue to expand the scope of mutual assistance and mutual aid of medical insurance funds, and fully realize the unification of systems and policies in the city and prefecture-level overall planning areas; Focus on guiding provinces with good basic conditions to promote provincial-level overall planning of medical insurance; According to the principles of small-step adjustment, flexible implementation, classified promotion and overall consideration, we will actively and steadily promote the gradual delay of the statutory retirement age … … A series of reforms, focusing on the hard bones that restrict the construction of social security system and aiming at breaking the imbalance between regions and the structural contradictions of funds, are being promoted to deep water areas.

　　"The reform of the social security system has entered the stage of system integration, coordination and high efficiency. We must adhere to the unity and standardization of the system, adhere to the problem orientation, accurately grasp the links between reforms in all aspects of social security, social security fields and other related fields, improve overall planning and coordination, promote the legalization of social security, and ensure that all reforms form an overall synergy." Mo Rong said.

　　Highlight key points and strive to achieve universal coverage. In November, 2021, Shenzhen completely abolished the household registration restrictions for flexible employees, which encouraged Liu Xin, a Henan takeaway rider: "In the past, I could only go back to my hometown to participate in the old-age insurance for urban and rural residents, but now I can participate in the basic old-age insurance and basic medical insurance for enterprise employees in Shenzhen in my personal capacity. The treatment is higher and more in line with the actual needs. I am going to participate in the insurance."

　　"Full coverage" means that all residents can participate in the corresponding social insurance and get basic security according to their own conditions, which is one of the basic policies for the construction of China’s social security system.

　　In January 2022, Ministry of Human Resources and Social Security issued the Notice on Launching the Pilot Work of Occupational Injury Protection for Employees with New Employment Forms, and launched the pilot work of occupational injury protection for employees with new employment forms in seven provinces such as Beijing and Hainan, and seven Internet platform enterprises in the fields of travel, take-away and instant delivery, so that take-away riders and online car drivers can enjoy basically the same protection treatment as industrial injury insurance.

　　In addition, accurately implement the national insurance plan, improve the social insurance system for migrant workers, flexible employees and new employees, and promote the widest coverage; Promote small and medium-sized enterprises and key groups to actively participate in insurance and continue to pay fees, and guide more people to participate in insurance for a long time … … A series of measures have brought more people into the social security system, and the construction of a fairer and more sustainable social security system in China has been continuously promoted.

　　Strengthen supervision and keep "pension money" and "life-saving money". Perfecting the supervision system of social security funds in accordance with the law, preventing and resolving fund operation risks and maintaining fund safety are related to every "pension money", "life-saving money" and every "rescue money" and "charity money" of the people.

　　On May 1, 2021, the first medical insurance administrative regulation "Regulations on the Supervision and Management of the Use of Medical Insurance Funds" came into effect, aiming at solving the problems in the supervision and management of the use of medical insurance funds by means of the rule of law and becoming an effective attempt to improve the standardization, standardization and legalization of administrative law enforcement. In less than a year, the new version of "Administrative Supervision Measures for Social Insurance Funds" was promulgated and implemented, focusing on the main risks and key links in the management of social insurance funds, and refining all kinds of fraudulent insurance situations and related legal responsibilities.

　　Since 2018, the medical insurance fund has been fully inspected for three consecutive years and specially rectified for four consecutive years. The cumulative inspection of designated medical institutions has exceeded 2.4 million times, handling nearly 1.15 million times, exposing 120,000 cases, and recovering funds of 58.3 billion yuan. The crackdown is unprecedented. In 2021, the Ministry of Human Resources and Social Security organized a special rectification of the management of social security funds throughout the system, focusing on the problems of internal personnel taking embezzlement and misappropriation of social security funds and external personnel defrauding insurance and taking more money, playing a series of combination punches, organizing on-site inspections in 27 provinces, and seriously investigating violations of laws and regulations that encroach on funds with a "zero tolerance" attitude.

　　On a new journey, social security work will adhere to the people-centered development idea, promote high-quality and sustainable development of social security with greater reform courage and more positive enterprising spirit, continuously enhance people’s sense of acquisition, happiness and security, and lay a solid foundation for people to create a better life.

　　Text | "Outlook" Newsweek reporter Jiang Lin published in the 28th issue of "Outlook" in 2022.

1905 movie network news According to preliminary statistics, the box office in 2016 exceeded 45.7 billion yuan, a slight increase of 3.7% over last year. Although the growth rate has slowed down, looking back on the whole year, the film market in China is still full of bright spots — — The total number of screens reached 41,179, ranking first in the world. In 2016, as many as 85 films were newly released, and the box office exceeded 100 million. Single-chip, single-day, single-week and single-month box office all created the best in history. In particular, the film directed by Stephen Chow has made a box office achievement as high as 3.393 billion yuan, becoming the first film in China to break through the 3 billion yuan mark, and it will also be pulled down, setting a new record in the film history of China. (Note: The box office of this manuscript is preliminary statistics, and the final box office published by the State Administration of Radio, Film and Television shall prevail.)

Single-chip, single-week, single-month and monthly record broke through the 6 billion yuan mark for the first time in February.　

　

Over the years, China’s film industry has been developing rapidly, and the box office has also grown from less than 1 billion yuan in 2002 to 45.7 billion today. In 14 years, the box office has increased 47 times, ranking second in the global film market. In 2010, the growth rate of movie box office reached an unprecedented 64%, and in 2009 and 2015, the growth rate of movie box office in China also remained above 40%.

　

Although the growth rate of the market slowed down in 2016, it was amazing that a single film, a single day, a single week and a single month created a new record in the history of Chinese film. Stephen Chow’s "The Mermaid" grossed 280 million yuan on the opening day, surpassed 310 million on Valentine’s Day, surpassed 1.8 billion in the first seven days, and surpassed 2.439 billion in the 12 days after its release, making it the box office champion in mainland film history. "Mermaid" was also extended for three months, and finally ended with 3.393 billion yuan, accounting for 7.4% of the total box office in China, bringing China movies to a new height of 3 billion yuan.

　

With The Mermaid and the escort of Harmony and Troika, which were released on the same day of the New Year’s Eve, the box office in February directly rushed to a high of 6.89 billion yuan, surpassing the box office of 5.5 billion yuan created in July last year, setting a new monthly box office record, and becoming the first month in the history of mainland film that the box office broke 6 billion yuan. In addition, from February 8 to February 14, a new box office record was set with a box office output of 3.63 billion yuan, which doubled the original record of 1.78 billion yuan (from July 13 to 19, 2015). This year’s single-day box office has reached a new high. On February 8, February 14 and February 9, 2016, it won 646 million, 603 million and 526 million box offices respectively, ranking among the top three in the single-day box office in mainland film history.

　

Domestic film box office 26.6 billion, 85 imported films exceeded 100 million, 5 domestic films broke 1 billion.

　

In 2016, The Mermaid, the Monkey King’s Three Bai Gujing in Journey to the West captured 3.393 billion, 1.532 billion, 1.472 billion, 1.248 billion and 1.202 billion yuan respectively, ranking among the top five highest-grossing movies in 2016. It is worth mentioning that in this year’s movie box office list, the top 10 total box office reached 14.129 billion yuan, accounting for 31% of the total box office in the whole year.

　

In 2016, China produced 772 feature films, 49 cartoons, 24 special films, 67 science and education films and 32 documentary films, totaling 944. This year, the performance of domestic films is also very eye-catching, with the box office reaching 26.6 billion yuan, accounting for 58.3% of the total box office, once again pushing against imported films. A total of 85 newly released films exceeded 100 million yuan at the box office in the whole year (note: the box office of three films has exceeded 100 million yuan this year, but it was not included because it was released last year), including 43 domestic films. Mermaid, Monkey King Thrice Defeats the Skeleton Demon on a Journey to the West, storm riders of Macau and five domestic films are among the 1 billion yuan box office clubs.

　

The overall performance of the schedule is relatively stable, and Valentine’s Day increased by 166%, but the Mid-Autumn Festival National Day file dropped significantly.

　

In 2016, the performance of each schedule was relatively stable. Eight of the 13 major schedules increased compared with last year, and the performance of Valentine’s Day, New Year’s Day and Spring Festival was quite eye-catching. Their growth rates reached 166.93%, 86.98% and 69.51% respectively, ranking first, second and third in this year’s schedule.

　

However, the three major periods of gold absorption — — The performances of Spring Festival, Summer and New Year’s Eve files were not satisfactory, with the summer and New Year’s Eve files both declining slightly, but the three major files still jointly attracted more than 20 billion yuan, accounting for 43% of the total box office. The biggest drop was in Mid-Autumn Festival and National Day, both exceeding 10%. Although "operation mekong", which was released on September 30th, won 1.1 billion yuan at the box office in one fell swoop, it was a good hit, but it was helpless to fight alone, resulting in an increase of 66.5% in the eleventh file last year. This year, it only achieved 1.59 billion yuan at the box office, down 14.64% from 2015.

　

Throughout 2016, after experiencing a record-breaking rapid development in the first quarter, the growth rate of China’s film market slowed down, but the market continued to maintain steady growth, but the whole film market gradually became rational, the quality of domestic films was greatly improved, film talents were constantly emerging, and the audience’s appreciation level was also improved.

　 　In 2017, the film produced by Stephen Chow.、Baoqiang WangDirected debut、Jackie ChanStarring, andChen Kaige、Xiaogang Feng、Ann Hui、Wooping YuenDirected、、、Wait, many domestic films are more exciting.　

　

It is believed that after the baptism in 2016, China films, which turned 112 this year, will continue to make steady progress towards the goal of becoming a film power under the protection of the Film Industry Promotion Law.

Next page: Detailed list of films with box office exceeding 100 million in 2016.

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CCTV News:In the first two months of this year, China’s foreign trade achieved a "good start", highlighting the strong "pulse" of China’s economy, which is inseparable from the efforts of the majority of market players. In Shenzhen, foreign trade "LCL export" is in full swing this year. As the largest international LCL center in South China, the volume of foreign trade "LCL export" of Sinotrans Shenzhen Pinghu Logistics Center increased by 14.57% in the first two months of this year, and the export dynamics showed strong momentum.

In the past two days, there were many truck drivers who came to the warehouse to do the bill in the bill hall of Shenzhen Pinghu Logistics Center of Sinotrans. The master who delivered the goods from Dongguan told the reporter that this year, he obviously felt that the orders were much more than in previous years.

In the first two months of this year, the LCL export volume of Sinotrans Shenzhen Pinghu Logistics Center increased by 14.57% compared with last year, and the number of customs declaration votes increased by 14.77% compared with last year.

What is foreign trade LCL? It refers to the mode of transportation in which goods from different foreign trade enterprises are combined into the same container. The purpose is to make full use of container space by skillfully organizing goods, thus reducing transportation costs and improving transportation efficiency.

Jian Lin Chen, deputy general manager of Sinotrans Shenzhen Pinghu Logistics Center, said that since January and February, the export situation has recovered rapidly and the momentum is strong. Among them, the total export of goods to Southeast Asian countries increased by 22% year-on-year.

The People’s Bank of China issued the "Guide to Payment for Foreigners in China"

On March 14th, the People’s Bank of China issued the Payment Guide for Foreigners in China (hereinafter referred to as the Guide). It is mentioned in the Guide that foreigners who come to China use electronic payment, and transactions below a certain amount are exempt from collecting identity information. In addition, users who hold overseas e-wallets such as Toss Pay can pay directly with their existing wallets without downloading other apps.

According to the Guide, if foreigners in China hold bank cards such as UnionPay, Visa and MasterCard, they can pay by credit card at merchants with corresponding acceptance signs. Among them, UnionPay cards can be used by all merchants with bank card payment acceptance terminals in China.

The Guide also introduces in detail how to use mobile payment. Foreigners in China can choose Alipay, WeChat payment, China Unionpay Quick Pass and other payment products. The guide shows that transactions that do not exceed a certain amount are exempt from collecting identity information. In addition, some overseas e-wallet users in Southeast Asia, Japan, South Korea and other regions, such as Toss Pay, SG, etc., can directly use their existing wallets for payment without downloading other apps.

The CSRC issued four policy documents focusing on "strengthening the foundation" and "strict supervision and management"

On March 15th, the CSRC issued four policy documents, namely, Opinions on Improving the Quality of Listed Companies from the Source by Strict Access to Issuance and Listing (Trial), Opinions on Strengthening the Supervision of Listed Companies (Trial), Opinions on Strengthening the Supervision of Securities Companies and Public Offering of Fund to Accelerate the Construction of First-class Investment Banks and Investment Institutions (Trial) and Opinions on Implementing the Standards of Excellent Political Ability, Excellent Work Style and Comprehensively Strengthening the Construction of the CSRC System. The CSRC stated that it should adhere to the goal orientation and problem orientation, firmly grasp the main line of strengthening supervision, preventing risks and promoting high-quality development, implement the requirements that supervision should be "thorny" and angular, with emphasis on "strengthening the foundation and strengthening the foundation" and "strict supervision and strict management".

Long March 5 Yaoba carrier rocket arrived in Wenchang.

The reporter learned from the National Space Administration that on March 15th, the Long March-5 Yao-8 carrier rocket carrying out the Chang ‘e-6 mission in the fourth phase of the lunar exploration project was delivered to the Wenchang Space Launch Site in China. Subsequently, the rocket will be assembled and tested in the launch site together with the Chang ‘e-6 probe that arrived in advance. At present, the participating systems in the launch site are preparing for the Chang ‘e-6 mission as planned.

Changing "Twin Cities" into "Same City" Hengqin vigorously improves customs clearance efficiency

Hengqin Port is the only entry-exit passage connecting Macao and Hengqin Guangdong-Macao Deep Cooperation Zone, and it is open for customs clearance 24 hours a day. The reporter learned from Zhuhai Hengqin Border Inspection Station that 15 "joint one-stop" passenger and truck lanes of the second phase project of Hengqin Port have been completed and will be opened on March 18th. At that time, 30 vehicle inspection lanes will be put into operation at the port, and the lane capacity will be doubled.

The reporter learned that the new driveway of Hengqin Port adopts the national first vehicle "joint one-stop" inspection system, and implements the vehicle "cooperative inspection and one-time release" customs clearance mode. The five units of Hengqin Border Inspection, Hengqin Customs, Macao Customs, Macao Public Security Police and Macao Health Bureau realize "one-time queuing, centralized collection and linkage release" for inbound and outbound vehicles. Compared with the traditional driveway "two-time queuing and two-time inspection" customs clearance mode, the customs clearance link is greatly simplified.

The reporter learned that since 0: 00 on March 1st, the Hengqin Guangdong-Macao Deep Cooperation Zone has been closed for operation. As of 24: 00 on March 11th, the Hengqin Border Inspection Station has inspected about 710,000 inbound and outbound passengers passing through the "first line", that is, Hengqin Port, and about 74,000 vehicles. The overall traffic flow of inbound and outbound passengers is stable and orderly.

Construction of two major power grid projects started at the same time.

On March 15th, two major power grid projects, namely, the positive and negative 800 kV HVDC transmission project from northern Shaanxi to Anhui and the Yuexi Pumped Storage Power Station in Anhui, started construction at the same time, with a total investment of 28 billion yuan.

UHVDC transmission project from northern Shaanxi to Anhui started.

The positive and negative 800 kV HVDC transmission project from northern Shaanxi to Anhui starts from Yan ‘an, Shaanxi, passes through Henan, and finally reaches Hefei, Anhui. The total length of the line is 1069 kilometers and the transmission capacity is 8 million kilowatts. Two converter stations are built in Yan ‘an, Shaanxi and Hefei, Anhui respectively.

The project is located in Anhui, with rapid economic and social development and strong power demand growth. After the completion of Shaanxi-Anhui UHV project, the power supply capacity of Anhui power grid will be effectively enhanced.

Construction of Yuexi Pumped Storage Power Station in Anhui Province

In addition to this major project, another major project of the State Grid — — Anhui Yuexi Pumped Storage Power Station also started construction on March 15th. Yuexi Pumped Storage Power Station has newly built four 300,000-kilowatt reversible generator sets with a total installed capacity of 1.2 million kilowatts, designed annual power generation of 1.2 billion kWh and annual pumped electricity of 1.6 billion kWh. According to reports, the total investment of the two projects started at the same time today is 28 billion yuan. In 2024, the investment scale of State Grid Corporation will exceed 500 billion yuan.

Since the implementation of the new express delivery regulations, the delivery volume has increased by over 16% year on year.

Nowadays, the newly revised "Measures for the Administration of Express Delivery Market" (hereinafter referred to as "Measures") has been implemented for half a month. According to the data of the State Post Bureau, the overall operation of the industry is stable, and express delivery companies have begun to adjust the performance appraisal method of express delivery brother by region and scene.

According to the latest data of the State Post Bureau, since the implementation of the Measures, March 1 — On the 14th, the average daily delivery volume of the whole network was 443 million pieces, up 16.3% year-on-year. From the perspective of delivery volume, the overall operation of the industry is stable. Express delivery companies optimize delivery services through intelligent voice calls, and the fulfillment rate is improved, and the user experience is further improved.

The reporter learned from the State Post Bureau that express delivery companies are currently adjusting the performance appraisal method of express delivery brother by region and scene. Some companies have already adjusted in place and others are adjusting.

Yangxian County, Shaanxi Province: Seven national first-class protected wild animals crested ibis were photographed.

Crested ibis is one of the endangered species in the world, and Yangxian County, Shaanxi Province has the largest wild crested ibis population in the world. In the core area of ibis national nature reserve, Hanzhong, Shaanxi Province, the reporter from the General Station photographed seven national first-class protected wild animals, crested ibis. Every March, crested ibis begins to enter the breeding season. After the congenial crested ibis are successfully paired, they will nest and lay eggs together to welcome the arrival of new life.

Suqian, Jiangsu Province: Oriental storks have been photographed nesting for three consecutive years.

Spring blossoms, and it’s time for migratory birds to return to the north. In Suqian City, Jiangsu Province, photographers have photographed oriental storks nesting here for three consecutive years. Near a transmission tower in Weiying Town, Sihong County, Suqian City, photographer Zhang Lianhua took a camera and took a "family photo" for the newly moved guests. Zhang Lianhua recorded the life of oriental storks in Sihong. In 2022 and 2023, he photographed three pairs of oriental storks and bred 11 young birds here.

As the nesting and breeding place of oriental storks is located at the top of the transmission tower, in order to create a safe and comfortable living environment for them, a local bird-loving volunteer service team has been set up to protect the common friends of mankind.