China Securities Journal

　　Deconstructing the "impossible trinity" of the new tea industry: the logical paradox of short-term competition and long-term ism of enterprises such as Mixue Group

　　After Naixue’s tea landed on the Hong Kong Stock Exchange in December 2021, the new tea industry has recently stepped up its listing: Mixue Group, Guming and Chabaidao successively landed on the Hong Kong Stock Exchange in early 2025, while Bawang Chaji and Auntie Shanghai are respectively promoting the listing of US stocks and Hong Kong stocks.

　　Behind the intensive listing, the new tea companies have shown a scene of ice and fire in the capital market: Naixue’s tea, as the "first share of new tea", once surprised the market with a market value of nearly HK$ 34 billion, and now its share price has dropped to HK$ 0.94 (as of the close of April 8), which is about one twentieth of the issue price, with a market value of only HK$ 1.603 billion; On the first day of listing, the market value of Chabaidao has evaporated by about HK$ 7 billion, and the current share price has halved compared with the issue price. In sharp contrast, the IPO of Hong Kong stocks of Mixue Group triggered a subscription boom, and its market value quickly exceeded HK$ 150 billion after listing. Gu Ming’s share price doubled in about one month after listing.

　　According to industry insiders, there is a fundamental business paradox behind this difference in the new tea track-it seems difficult for enterprises such as Bawang Tea Ji, Mixue Group and Naixue Tea to achieve the triple goals of scale expansion, cost control and brand tonality at the same time. This "impossible trinity" is becoming a dead knot that restricts the development of the new tea industry.

　　Large funds to stabilize the market, the turnover of many broad-based ETFs reached a new high.

　　Since April 7, a number of state-owned institutions have voiced their increasing holdings of ETFs. From the perspective of turnover and capital flow, the signs of jiacang are mainly reflected in mainstream broad-based ETFs.

　　On April 8, A-shares rebounded at the opening. Although it fluctuated in intraday trading, it rose in late trading, and the three major stock indexes finally closed up. The core leading broad-based ETF was active. On April 7th and 8th, the turnover of large-cap broad-base ETFs such as Shanghai and Shenzhen 300ETF continued to dominate, and small and medium-sized broad-base ETFs such as CSI 500 and CSI 1000 rose suddenly, and the turnover of many products set a new one-day historical record.

　　Fund custody will "trust and manage" the welcome plan, which is widely expected.

　　Recently, a draft for comments on the management measures of fund custody business has been circulated in the industry. The opinion draft has made new adjustments to the fund custody norms from many aspects, such as improving the entry threshold, strengthening risk isolation, compacting the custodian’s responsibility and improving the exit mechanism. Among them, avoiding "trust without care" and "trust without management", clarifying the application of "one trust to the end" for private equity investment funds and related custody requirements have attracted the attention of the industry.

　　China securities journal reporter learned in the interview and investigation that some private equity institutions had risk events before, and the standardized development of fund custody business was gradually paid attention to, and many custodians had spontaneously made risk control adjustments to varying degrees. For example, from the previous request to provide a first-and second-level net worth valuation table, to see a four-level valuation table that penetrates more into the underlying assets. Some fund custodians said that on the whole, the new draft for comments will help to further systematically regulate the custody of funds, especially private equity funds.

　　It is difficult to repay the loan in advance. Some banks raise the threshold.

　　"Last month, I found that the number of prepayments on ICBC’s mortgage online was up to 5 times a year. I checked it again a few days ago, only twice, and I can only pay back 200,000 yuan at most. " Ms. Zhang, a borrower who lives in Yangpu District, Shanghai, told reporters on April 8.

　　Recently, many mortgage borrowers have reported that some banks have tightened the amount and frequency of online mortgage prepayment, and the repayment appointment time has also been extended to some extent. Some banks responded that the business volume of repaying loans in advance has indeed increased recently, and banks have made timely adjustments to related businesses according to the latest situation.

　　According to industry analysts, when the scale of early repayment exceeds expectations, banks usually control the pace and scale of mortgage business by adjusting the policy of early repayment according to their own capital arrangements, operating conditions and risk preferences. At the same time, banks should also pay attention to the legal compliance of policy adjustment, provide convenience for customers to repay loans in advance, and optimize their financial service experience.

　　Shanghai Securities News

　　The "good news" of listed companies in the first quarter frequently reflects the warmth of China’s economic fundamentals.

　　What are the economic fundamentals of China in 2025? The first quarterly report and the first quarter operating data of listed companies that are intensively released reflect a deep warmth.

　　The data shows that as of 21: 00 on April 8, a total of 107 A-share listed companies disclosed the first quarter 2025 performance forecast. Among them, 59 companies increased in advance, 29 companies increased slightly, 11 companies turned losses and 3 companies continued to make profits.

　　At the same time, a number of companies also handed over eye-catching first-quarter production and sales "transcripts." From an industry perspective, listed companies in non-ferrous metals, basic chemicals, national defense and military industry, transportation and other industries have outstanding performance. The reporter found out that the growth of sales data, the rising price of related products and the fullness of hand-held orders have become the motivation for the great increase in performance of many companies.

　　Mu Yuan shares went out to sea for the first time to raise pigs and animal husbandry in Vietnam, setting off a new round of "going to Southeast Asia"

　　"There are two main things to go to Hanoi this time: one is to exchange views on pig raising in buildings of local concern; The second is to go to the local agriculture and forestry university in Vietnam to recruit talents for the company’s business. " () Liu Bo, general manager of overseas development, said. A few days ago, when Liu Bo spoke to a reporter from shanghai securities news, he was waiting at Ho Chi Minh City Airport in Vietnam. About 30 minutes later, he will take a flight to Hanoi, the capital of Vietnam.

　　The recruitment of international management students in Mu Yuan is progressing simultaneously. According to the plan, Mu Yuan will recruit a group of Vietnamese employees, and after training in China, they will be assigned to Vietnam for development. The work includes farming techniques in Mu Yuan and standardized operation procedures.

　　The reporter noted that not only Mu Yuan, but also New Hope, () and Yangxiang Group have chosen to go deep into Vietnam, and the pace of China’s farming and animal husbandry enterprises "going to South Asia" has obviously accelerated. According to the analysis of insiders, at present, China’s farming and animal husbandry enterprises’ going out to sea is essentially to transform the technology, management experience and cost control ability accumulated in China into the competitive advantage in the international market. This internationalization strategy of "exchanging technology for market" not only reflects the new trend of China’s farming and animal husbandry development, but also promotes China’s farming and animal husbandry to occupy a more favorable position in the global value chain.

　　Securities firms strengthen the risk monitoring of financial integration. At present, the overall risk of financial integration is controllable.

　　Despite the global trade conflict caused by tariffs, the risk aversion of China’s financial market increased significantly on April 7, but from the data of the previous day’s financial integration disclosed on April 8, the market leveraged funds remained stable, and the overall risk of financial integration was under control.

　　As of April 7, the balance between Shanghai, Shenzhen and North China was 1,854.074 billion yuan, a decrease of 49.032 billion yuan or 2.58% compared with the previous trading day. Among them, the financing balance was 1,843.994 billion yuan, a decrease of 47.964 billion yuan or 2.54% compared with the previous day. From the perspective of position preference, there is a strong sentiment of capital defense. Only six sectors, including banks, shipping ports, agriculture, animal husbandry, feed and fishery, coal, gas and airport, have received net capital inflows, but financiers are generally cautious in adding positions. Except for banks, the net inflows of other sectors have not exceeded 40 million yuan.

　　The brokers interviewed believe that although the financing balance has declined, the overall controllable situation of the risks of the two financial institutions has not changed, and the stability of leveraged funds has fully demonstrated the confidence of the market.

　　China version of stabilization fund leads the way to stabilize the stock market and blows the assembly number.

　　Stabilize the stock market, all parties are acting.

　　Within 48 hours, large funds from large institutions such as Central Huijin Company frequently shot, and the People’s Bank of China and the General Administration of Financial Supervision successively voiced their voices, and the "China Edition Stabilization Fund" was born; The State Council State-owned Assets Supervision and Administration Commission, many central enterprises and state-owned assets operation platforms are constantly moving, and central state-owned assets join hands to enter the market; A large number of listed companies have announced plans to increase their holdings or buy back, and brokers and fund companies have been buying from themselves … A series of measures have released a strong signal to stabilize the stock market and made concerted efforts to boost the capital market.

　　Securities Times

　　It is the right time to raise the equity ratio, and insurance companies should be real "patient capital"

　　Yesterday, the State Financial Supervision and Administration issued the Notice on Adjusting the Supervision Proportion of Equity Assets of Insurance Funds (hereinafter referred to as the Notice). In this regard, many head insurance institutions believe that this will further open up the investment space of equity assets of insurance funds. A number of insurance institutions said that they are firmly optimistic about the development prospects of China’s economy and China’s capital market, and will give full play to the long-term advantages of insurance funds and make real "patient capital".

　　Listed companies calmly respond to tariff shocks when they see the move.

　　The lasting vitality of cross-border trade comes from the endogenous motivation of the participants to continuously create value. Although the so-called "reciprocal tariff" promoted by the US government has brought pressure to all trading parties, Chinese and American enterprises in it have not waited and watched.

　　The Securities Times reporter learned that recently, various listed companies have actively communicated with American customers and tried to find pragmatic solutions. It is this initiative among market players that has injected the firm confidence that "the sky will not fall" into China’s economy.

　　Further loosening of insurance funds into the market is expected to achieve win-win results.

　　Recently, the State Financial Supervision and Administration Bureau issued the Notice on Relevant Matters Concerning Adjusting the Supervision Ratio of Equity Assets of Insurance Funds, optimized the supervision policy of insurance funds ratio, and increased support for the capital market and the real economy.

　　The "Notice" mainly includes three measures: First, raise the upper limit of the allocation ratio of equity assets. Simplify gear standards and increase the proportion of equity assets corresponding to the solvency adequacy ratio of some gears by 5%. The second is to increase the concentration ratio of investment venture capital funds. The third is to relax the regulatory requirements for the tax extension pension ratio.

　　The issuance of the Notice is an important measure to optimize the asset allocation of insurance funds, which is conducive to promoting the insurance industry to do the "five big articles" in finance, giving full play to the advantages of long-term funds and patient capital, and will achieve win-win results from multiple levels.

　　Agricultural Power Planning Releases Strong Growth of Seed Industry Plate

　　Recently, the Central Committee of the Communist Party of China and the State Council issued the Plan for Accelerating the Construction of an Agricultural Power (2024-2035) (hereinafter referred to as the Plan), proposing that by 2027, the construction of an agricultural power will make significant progress; By 2035, the construction of a strong agricultural country has achieved remarkable results. The Plan puts forward new goals and requirements for consolidating the foundation of food security in all directions, promoting the innovation of agricultural science and technology equipment in all fields, improving the modern agricultural management system in all links, promoting the upgrading of agricultural industrial system in all chains, and cultivating new advantages in agricultural international competition.

　　On April 4th, the State Council Customs Tariff Commission issued a notice on imposing tariffs on imported goods originating in the United States, including a cumulative 49% tariff on 29 kinds of goods originating in the United States, such as chicken, wheat, corn and cotton. A total of 711 categories of goods such as sorghum, soybeans, pork, beef, aquatic products, fruits, vegetables and dairy products are subject to a cumulative tariff of 44%.

　　Securities daily

　　The performance of 41 A-share food and beverage companies last year showed the resilience of the industry.

　　As consumption heats up, the food and beverage industry, which is already very resilient in performance, will usher in good results again.

　　As of April 8, a total of 41 food and beverage listed companies in Shanghai and Shenzhen stock markets released their 2024 performance reports. According to the "Securities Daily" reporter, the total revenue and net profit of 41 companies achieved year-on-year growth last year. It is particularly worth mentioning that () Liquor Co., Ltd. (hereinafter referred to as "Kweichow Moutai"), as the "first brother of liquor", has shown super profitability despite the deep adjustment period of the industry. Last year, a company’s net profit accounted for more than 70% of the total net profit of 41 companies.

　　Dividend is one of the most direct and effective ways for listed companies to return investors. The food and beverage industry has always been a "hot field" with high dividends. Among the above 41 companies, there are as many as 22 companies whose annual cash dividend ratio exceeds 60%.

　　The top-level design is constantly improving, and the low-altitude economy is "ready to go"

　　On April 7, in order to ensure the high-quality development of general aviation and low-altitude economy, the Central Air Traffic Control Commission issued special measures, focusing on improving the low-altitude management system, optimizing the allocation of airspace resources, improving the quality and efficiency of operational services, consolidating basic support capabilities, and strengthening the management of air use according to law. Deploy and strengthen low-altitude air traffic control work to the national air traffic control system.

　　Lu Dingliang, a lawyer of Beijing Jingshi Law Firm, told the Securities Daily reporter that the deployment of the Central Air Traffic Control Committee marks that China’s low-altitude economy has entered a stage of systematic construction. "Improving the low-altitude management system" and "optimizing the allocation of airspace resources" are aimed at solving the core problems that have long restricted the development of low-altitude economy. Strengthening low-altitude air traffic control this time is conducive to further releasing airspace resources, promoting a high-level dynamic balance between airspace supply and demand through flexible airspace management modes (such as dynamic release and classification), and providing more space for emerging navigation applications such as drones and eVTOL.

　　Many small and medium-sized banks cut deposit interest rates, and large deposit certificates were cut by 40 basis points.

　　In April, the adjustment of bank deposit interest rate continued. According to the incomplete statistics of the Securities Daily reporter, local small and medium-sized banks and private banks such as Liaoshen Bank, Zhongbang Bank and Xin ‘an Bank have intensively started to reduce the interest rates of deposits and certificates of deposit, and some banks have reduced the interest rates of five-year certificates of deposit by 40 basis points.

　　Respondents said that this interest rate adjustment is an important measure for banks to actively optimize their debt structure. High-interest deposits in small and medium-sized banks account for a relatively high proportion. Differential interest rate adjustment can effectively reduce the cost at the debt end and create conditions for stabilizing profit margins. It is worth noting that although the market interest rate continues to decline, the trend of resident deposits’ regularization is intensifying. Judging from the data of A-share listed banks that have disclosed the 2024 annual report, the deposit regularization rate continues to rise, indicating that the pressure on bank debt management has intensified.

　　Silver-haired economy develops vigorously, and listed companies seize market opportunities

　　Recently, the Guangzhou Municipal People’s Government issued the "Several Measures to Promote the High-quality Development of Service Consumption in Guangzhou", which proposed to expand the supply of old-age care to meet the needs of people’s livelihood. Taking the implementation of the "Ten Articles of Silver Hair Economy" as the starting point, we will cultivate the main business entities of silver hair economy, vigorously carry out the activities of "Silver Age Action" and "Silver Hair Market", and promote the innovative application of old-age service scenarios. In fact, in recent years, many measures have been introduced to increase the development of silver-haired economy.

　　Yuan Shuai, deputy secretary-general of Zhongguancun Internet of Things Industry Alliance, told the Securities Daily that under the influence of multiple factors such as the continuous promotion of policies and the growth of domestic demand for aged care services, the silver-haired economic market has played an important role in promoting social and economic development.

　　According to the securities research report, China has entered the stage of silver-haired economy development, and the industrial demand is rich and diverse, covering ten fields of "clothing, food, housing, transportation, money, education, music, medicine, nutrition and health". These industrial directions meet the consumption needs of different elderly groups, which is of great significance to promoting the development of silver-haired economy and tapping consumption potential, and is expected to help silver-haired economy become a new pillar of high-quality economic development in China.

　　Ningxia: Start the demarcation and confirmation of natural resources along the river and lake shoreline.

　　Recently, Ningxia has fully started the demarcation and confirmation of natural resources along the river and lake coastline, and will find out the management and protection scope of rivers and lakes and water conservancy projects that are included in the river length system management in the whole region, implement the main responsibility of water ecological space property rights supervision, and improve the management and protection system of rivers and lakes and water conservancy projects in the whole region. Ningxia will strictly control the water ecological space such as water shoreline, strengthen shoreline protection and economical and intensive utilization, and keep sufficient scope of management and protection for rivers and lakes occupied by construction projects and natural shoreline land.

　　Jiangxi: Protecting Poyang Lake Ecological Environment from Seven Aspects

　　Jiangxi Province issued the "Three-year Action Plan for Comprehensive Improvement of Poyang Lake Ecological Environment (2018-2020)", focusing on seven key tasks: industrial pollution prevention, water pollution control, drinking water source protection, comprehensive improvement of urban and rural environment, agricultural non-point source pollution control, comprehensive improvement of coastline, ecological protection and restoration. By 2020, the chemical oxygen demand and ammonia nitrogen emissions in the province will be reduced by 4.3% and 3.8% respectively compared with 2015.

　　Guangdong: launching a three-year action plan for solid waste pollution prevention and control.

　　The Three-year Action Plan of Guangdong Provincial Environmental Protection Department on the Prevention and Control of Solid Waste Pollution (2018-2020) was recently issued and implemented. The Plan has formulated 8 aspects and 31 measures to promote the prevention and control of solid waste pollution. The goal is that by 2020, the safe disposal rate of industrial hazardous waste and medical waste in Guangdong Province will reach more than 99%, the harmless disposal rate of sludge in urban sewage treatment plants will reach more than 90%, the harmless disposal rate of urban domestic waste in Guangdong Province will reach more than 98%, and more than 95% of rural domestic waste will be effectively treated.

　　Shandong: Establishing a Demonstration Province of Land and Resources Conservation and Intensive

　　Recently, Shandong issued the "Implementation Opinions on Establishing a Land and Resources Conservation and Intensive Demonstration Province". By 2022, the average GDP output of construction land in the province will increase from the current 143,000 yuan/mu to more than 250,000 yuan/mu. Shandong will vigorously implement the strategy of "three controls and three lifts", that is, control the scale of new construction land in cities and towns, the scale of collective construction land such as rural settlements and the number of mining enterprises, and improve the average GDP output of construction land, the proportion of existing construction land supply and the level of large-scale intensive utilization of mines.

　　Hubei: Building Wuhan into the Testing Capital of Central China

　　Recently, Wuhan formulated the Implementation Plan for the Construction of National Inspection and Testing High-tech Service Industry Cluster (Wuhan). The plan calls for the construction of an inspection and testing gathering area, and provides tax, land and financial support to inspection and testing institutions in the area. By 2020, Wuhan will establish no less than nine national testing centers in the fields of high-end CNC machine tools and robots, automotive intelligent products and new engineering materials. By then, the operating income of Wuhan inspection, testing and certification will exceed 20 billion yuan.

　　Hunan: Maximizing the Consumption of Clean Energy

　　

　　Chongqing Municipal Economic Information Commission and Municipal Finance Bureau have integrated the former special funds for industrial revitalization, municipal overall planning of private economy, and municipal industrial technological innovation to establish special funds for municipal industry and informatization, and given key support to projects such as big data intelligent industries, intelligent transformation of traditional industries, and strategic emerging industries. The budget funds have increased from 1.1 billion yuan in previous years to 1.2 billion yuan this year. At the same time, the application process of enterprises has been optimized and the processing time has been shortened.

　　Sichuan: Directed Training of Talents for Deep Poverty Areas

　　Sichuan will train undergraduate students, technical and technical talents in higher vocational colleges, practical talents in rural areas and rural doctors in deep poverty areas, and build a "working team that will not go". According to the plan, from this year to 2020, we will adopt the methods of directional enrollment, directional training and directional employment, and train 1,000 undergraduate students and 2,500 vocational (junior college) students who are in short supply for deep poverty-stricken counties every year.

　　Anhui: Provincial assessment methods for river length system and lake length system were introduced.

　　The "2018 Anhui Provincial Assessment Method for River-length and Lake-length System" was recently issued, which clearly assessed seven contents, including the construction of river-length and lake-length system and capacity building. The assessment results were used as a reference for the comprehensive assessment and evaluation of local party and government leading cadres, and the rectification measures and deadlines were clarified. The assessment content mainly includes seven aspects, namely, the system construction and capacity building of river length system and lake length system, water resources protection, shoreline management and protection of rivers and lakes, water pollution prevention and control, water environment management, water ecological restoration and law enforcement supervision, which are subdivided into 28 indicators.

　　Henan: Completely cancel the customs clearance form for entry and exit goods.

　　On June 4th, Zhengzhou Customs announced that since June this year, Henan Province has completely cancelled the customs clearance form for entry and exit goods. The customs clearance process for enterprises to handle statutory inspection and quarantine articles will be reduced from the original declaration twice to once, and the customs clearance efficiency will be greatly improved. At the same time, with the help of the Internet and big data, the customs has implemented customs clearance process reform. Enterprises declare once through "internet plus Customs" and "single window", thus realizing data flow communication and sharing within the customs and "one-time release" for enterprises.

　　Guizhou: Set up a provincial big data industry fund of 3 billion yuan.

　　The first industrial fund funded by the provincial government in the field of big data in Guizhou Province was formally established a few days ago. It is estimated that the total scale will be 3 billion yuan, and the first investment of 51 million yuan has been put in place, aiming to reach 200 million yuan by the end of the year. The fund will mainly support key industries and projects identified in Guizhou Digital Economy Development Plan (2017-2020), especially key projects and technological innovation projects in the field of deep integration of big data and real economy.

　　Xinjiang: More than 400 green mines will be built.

　　

　　On June 4th, the "Shanxi State-owned Bond Theme Open-ended Fund" was officially launched. The fund will fully use market-oriented means to support the state-owned assets reform of Shanxi state-owned enterprises, prevent and resolve major regional risks, and will provide a strong "stabilizer" for Shanxi’s economic transformation and development.

　　Tianjin: College graduates can enjoy job-seeking and entrepreneurship subsidies.

　　The Tianjin Municipal Bureau of Human Resources and Social Security recently issued the Notice on Doing a Good Job in Granting Job-seeking and Entrepreneurship Subsidies to College Graduates in 2018. Graduates from ordinary colleges and universities in Tianjin who are willing to find jobs and start businesses, as well as graduates from affiliated colleges and universities located in Tianjin and vocational education majors from Hebei University of Technology, technical colleges and senior technical classes and special education colleges are included in the scope of enjoying job-seeking and entrepreneurship subsidies, and the job-seeking and entrepreneurship subsidies are paid in one lump sum, with the standard of 3,000 yuan per person.

　　Shanghai: Building a Platform for Exchange of Financial Talents

　　On June 6th, a seminar on the sustainable development of financial talents in colleges and universities in Shanghai was held. At the same time, the "Lujiazui Financial Talents Base Station" was awarded, and the "Lujiazui Financial City Future Financier-Pre-service Workshop for College Students" was launched. The highly developed financial system and perfect financial ecology make Shanghai the most attractive city for financial talents in China.

　　Yunnan: "A Mobile Phone Tour Yunnan" was launched.

　　The "Tour Yunnan" APP was officially launched a few days ago and was fully put into trial operation. The APP provides all-round intelligent services such as eating, living, traveling, traveling, shopping and entertainment in Yunnan. It is the first provincial-level global tourism intelligent platform jointly created by the Yunnan provincial government and Tencent.

　　Heilongjiang: busy farming in solar terms

　　Fujian: comprehensively clean up and rectify the environment of drinking water sources.

　　On June 5, Fujian Provincial Environmental Protection Department released information. In order to speed up the solution of outstanding environmental problems in drinking water sources and ensure the safety of people’s drinking water, Fujian Province launched a comprehensive special campaign for environmental protection of centralized drinking water sources. Fujian Province will use two years to fully complete the three key tasks of "planning, establishing and managing" the surface water centralized drinking water source protection zone in cities at or above the county level (including the town where the county-level government is located). At present, Fujian Province has issued the implementation plan of the special action for environmental protection of centralized drinking water sources in the province.

　　Shaanxi: Controlling Dust Pollution on Construction Sites and Roads

　　Shaanxi Provincial Department of Housing and Urban-Rural Development recently issued the "Three-year Action Plan for Fighting Haze with an Iron Hand to Win the Blue Sky Defence War (2018-2020)", proposing that all measures will be strictly implemented, the level of green construction and civilized construction of building projects will be greatly improved, and the mechanized cleaning rate will be greatly improved, so as to reduce the total amount of dust emitted from construction and roads and accelerate the improvement of urban ambient air quality. The plan clearly and strictly implements the "Prohibition of Soil". Enterprises that violate the rules during the construction period will be severely dealt with according to relevant regulations, and green energy-saving technologies will be actively promoted.

　　Hebei: Ice and Snow Industry Development Plan issued

　　A few days ago, the Development Plan of Ice and Snow Industry in Hebei Province (2018-2025) was issued, which proposed to accelerate the formation of an ice and snow industry chain with "ice and snow sports, ice and snow equipment R&D and manufacturing, ice and snow tourism, ice and snow talent training and ice and snow culture" as the core. By 2022, there will be 80 ski resorts and 200 skating venues in the province, and the scale of the ice and snow industry will reach 120 billion yuan. By 2025, there will be 100 ski resorts and 250 skating venues in the province.

　　Liaoning: 667 scientific and technological achievements have been transformed.

　　Since the beginning of this year, Liaoning Province has solidly promoted the transfer and transformation of scientific and technological achievements. By the end of May, the province had transformed 667 scientific and technological achievements. The transformation of a large number of scientific and technological achievements in the fields of new materials, advanced manufacturing, electronic information, energy conservation and environmental protection has laid a new scientific and technological support for the transformation and upgrading of traditional industries and the development of strategic emerging industries in Liaoning Province.

　　Beijing: PM2.5 concentration in the first five months decreased by 18.3% year-on-year.

　　

　　On June 6th, "Several Policies for Haikou to Support Headquarters Economy Development" was officially promulgated, which will develop the headquarters economy from three aspects: the introduction of multinational enterprises, large domestic enterprise groups and other headquarters enterprises to settle down, gather and develop, and implement incentives and subsidies from six levels, striving to achieve a comprehensive start in the city’s headquarters economy in 2018, with the headquarters economy basically taking shape in 2020 and basically taking shape in 2025. Incentive subsidies mainly include settlement incentives, office space subsidies, business contribution incentives, and talent incentives.

　　Jilin: "Seven Actions" Help County Economy

　　Agricultural Bank of China Jilin Branch has made great efforts to implement the strategy of financial services for national food security, rural industrial integration, rural collective property rights system reform, beautiful and livable rural construction, county-level happiness industry, the green development of agriculture, rural areas and farmers, and the "Seven Actions" in rural inclusive finance, and has made great efforts to build a financing system combining "offline" and "online".

　　Gansu: Enterprise’s Action Plan of "Changing from Regulation to Regulation" was issued.

　　Recently, the "Action Plan for Cultivating Industrial Enterprises in Gansu Province" (2018-2020) was promulgated. It is proposed that after three years of cultivation, by the end of 2020, Gansu Province will add more than 500 industrial enterprises above designated size, and the number of industrial enterprises above designated size will reach more than 2,400. In order to achieve this goal, Gansu Province has carried out technological transformation projects for qualified enterprises and key industrialized technological transformation projects in strategic emerging industries, and given special financial support according to regulations.

　　Jiangsu: 12 measures to promote foreign investment to improve quality and efficiency

　　The Jiangsu Provincial Department of Commerce recently issued "Several Opinions of the Provincial Government on Promoting the Quality and Efficiency of Foreign Capital", which will promote the high-quality development of foreign capital utilization through 12 measures such as further relaxing market access, gathering global innovation resources, providing investment and trade facilitation level and strengthening intellectual property protection. The Opinions focus on improving the quality and efficiency of foreign capital utilization, and focus on introducing high-quality foreign capital projects such as the world’s top 500 companies, leading enterprises in the global industry, headquarters and functional institutions of multinational corporations, and R&D and innovation.

　　Zhejiang: The expenditure on ecological and environmental protection increased by 24.31% annually.

　　

　　On June 5, a signing ceremony was held for the special poverty alleviation action of labor cooperation between Beijing and Inner Mongolia, and 31 poverty-stricken counties in Inner Mongolia started labor cooperation with 16 districts in Beijing. According to the agreement, Beijing will help the laborers who are willing to transfer in the poverty-stricken counties of Inner Mongolia to realize the transfer of employment.

　　Guangxi: promoting the reform of "one-stop service" in government affairs.

　　The government of Guangxi Zhuang Autonomous Region recently issued "Several Measures on Promoting the Reform of" One-stop Service ",relying on the" one network "of government services, optimizing and recreating the service process, innovating the service model, and striving to make the people who handle affairs" enter a door "and" run a leg "to accomplish" one thing ". The reform of "one-stop service" mainly includes 12 contents and 30 measures.

　　Tibet: the first poor village photovoltaic farm was built.

　　The first poor village photovoltaic farm in Tibet was built in Baina Village and Duiba Village, Layu Township, Qiongjie County, Shannan City, with a total investment of 12 million yuan. At present, a photovoltaic power station with a scale of 1 MW and a greenhouse area of 8,000 square meters to 10,000 square meters has been built. Photovoltaic farms can not only improve the output rate of land per unit area, but also help to get rid of poverty.

　　Qinghai: new technology injects vitality into carpet industry

　　At the "2018 China (Qinghai) Tibetan Carpet International Exhibition" held recently, new technologies such as intelligent home and VR (Virtual Reality) experience were widely used in Tibetan carpets, an ancient national handicraft industry, and became the highlight of the transformation and upgrading of the carpet industry.

August 30th.

1) The Notice on Strengthening Examination Management in Compulsory Education Schools was issued.

On August 30th, the Ministry of Education issued the Notice on Strengthening the Examination Management of Compulsory Education Schools, which made arrangements for strengthening the examination management of compulsory education schools. It was clearly put forward that there should be no paper-and-pencil examination in the first and second grades of primary schools, and the school should organize a final examination every semester for other grades of compulsory education. For junior high schools, a mid-term examination can be arranged appropriately from the reality of different disciplines.

2) The series of press conferences on the golden autumn of education focused on the education and teaching of primary and secondary schools in the autumn semester and the supervision of "double reduction" and "five management"

On the morning of August 30th, the Ministry of Education held the third series of press conferences on the golden autumn of education in 2021, introducing the education and teaching work of primary and secondary schools in the autumn semester and the supervision of "double reduction" and "five management". It was pointed out at the meeting that this autumn semester is the first semester for primary and secondary schools to fully implement the deployment requirements of "double reduction". It is necessary to take the implementation of the central "double reduction" work deployment as a major political task, focus on giving play to the role of school education as the main front, and actively promote the high-quality development of basic education.

3) Minister Huai Jinpeng attended the opening ceremony of the National Institute of Education Administration in the autumn of 2021 and delivered a speech.

On August 30th, the National School of Education Administration held the opening ceremony for the fall of 2021. Huai Jinpeng, Party Secretary and Minister of the Ministry of Education, attended the opening ceremony and delivered a speech.

Huai Jinpeng pointed out that the education system should take studying and implementing the spirit of the important speech of the Supreme Leader General Secretary on July 1st as a major political task, and accurately grasp the great historical achievements made by our party, the theme of realizing the great rejuvenation of the Chinese nation, the profound connotation and value of the great party-building spirit, and the fundamental requirement of learning from history and creating the future. First, we should strengthen and improve the Party’s overall leadership over education to provide a strong guarantee for education reform, development and stability. Second, we must firmly promote the implementation of the fundamental task of educating people by virtue, and strive to cultivate the vanguard force for realizing the great rejuvenation of the Chinese nation. Third, we should adhere to the people-centered development thought and solve the educational problems that the masses are in urgent need of. Fourth, we must firmly grasp the key point of improving the ability to train talents and provide strong talent and skill support for building a socialist modern power in an all-round way. Fifth, we must adhere to the "four orientations" as an important mission and provide strong support for achieving high-level scientific and technological self-reliance. Sixth, we must persist in deepening educational reform and innovation, overcome difficulties and further stimulate the motivation and vitality of educational development.

4) The selection list of the third batch of national intellectual property information service centers in colleges and universities is publicized.

Recently, China National Intellectual Property Administration and the Ministry of Education selected 20 national intellectual property information service centers in the third batch of universities and publicized the list. The publicity time is from August 30, 2021 to September 3, 2021.

September 1st.

5) the State Council decided to strengthen the national student loan support so that more students with financial difficulties can study with peace of mind.

Li Keqiang, Premier of the State Council of the People’s Republic of China presided over the the State Council executive meeting on September 1st, and decided to strengthen the national student loan support, so that more students from poor families can study with peace of mind. The meeting decided to further improve the national student loan policy, increase the loan amount from this autumn semester, increase the maximum annual loan amount for undergraduate students from 8,000 yuan to 12,000 yuan, and increase the loan interest for graduate students from 12,000 yuan to 16,000 yuan. The financial government will fully subsidize the loan interest of students during their school days.

6) The fourth press conference of the series "Golden Autumn of Education" introduced the relevant information of the Measures for Accountability of Education Supervision.

On the morning of September 1st, the Ministry of Education held the fourth series of press conferences on the golden autumn of education in 2021, introducing the measures for accountability of education supervision. This method will be implemented on September 1st, 2021, which is the first accountability document for education supervision in the history of New China, and the authority and effectiveness of supervision are truly established from the system.

7) The Measures for the Appointment and Management of the Vice President of Rule of Law in Primary and Secondary Schools (Draft for Comment) is open for comments.

The Ministry of Education issued an announcement on September 1st, soliciting opinions from the public on the Measures for the Appointment and Management of Vice Presidents of Rule of Law in Primary and Secondary Schools (Draft for Comment). The deadline for feedback is September 30th, 2021.

8) In 2021, the first lesson of school was broadcast.

Recently, Publicity Department of the Communist Party of China, the Ministry of Education, the Central Party History and Literature Research Institute and the Central Radio and Television General Station jointly produced a special TV program "The First Lesson of School Opening" in 2021 with the theme of "Ideal Illuminates the Future", focusing on celebrating the centenary of the founding of the Party and building a well-off society in an all-round way. Please "July 1st Medal" winners, models for tackling poverty, advanced figures for fighting epidemic, model of the times, heroic astronauts, representatives of the airborne echelon, Olympic athletes after 00, young and middle-aged artists and youth representatives to take a class with primary and secondary school students from all over the world through "cloud classroom" to vividly tell the story of the Communist Party of China (CPC) seeking happiness for the people, rejuvenation for the nation and great harmony for the world.

In 2021, The First Lesson of School Opening was broadcast on CCTV-1 of the Central Radio and Television General Station at 20: 00 on September 1, and simultaneously broadcast on the learning platform of "Learning Power", the national primary and secondary school network cloud platform and the central video.

9) Regulations on the Implementation of the Law on the Promotion of Private Education Provisions on the Protection of Minors’ Schools Two new educational regulations will be implemented on September 1.

On September 1st, Regulations on the Implementation of People’s Republic of China (PRC) Private Education Promotion Law and Provisions on the Protection of Minors’ Schools came into effect.

The "Regulations on the Implementation of the Law on the Promotion of Private Education in People’s Republic of China (PRC)" clearly stipulates that public schools that implement compulsory education may not organize or participate in the organization of private schools, nor may they be converted into private schools; Other public schools shall not hold or participate in the holding of for-profit private schools; When a public school holds or participates in the holding of a private school, it shall not use the state financial funds, affect the teaching activities of the public school, or participate in running the school only by way of brand export, and it shall be approved by its competent department; When a public school holds or participates in the holding of a non-profit private school, it shall not obtain the income from running the school by means of management fees or in disguised form.

The Regulations on the Protection of Minors’ Schools shall come into force on September 1st. The "Regulations" clarify the school protection responsibilities, special protection system, school management requirements, protection mechanism and support and supervision measures.

September 2 nd

10) The Central Third Inspection Team feeds back the inspection situation to the Party Group of the Ministry of Education.

According to the deployment of the CPC Central Committee, on the morning of September 2, the Central Inspection Work Leading Group held the seventh round of centralized feedback meeting of the 19th Central Committee to convey the spirit of the important speech delivered by the General Secretary of the Supreme Leader when he listened to the comprehensive inspection report, to inform the common problems found in the inspection, to make centralized arrangements and put forward clear requirements for doing a good job in inspection rectification and daily supervision of rectification. On the afternoon of September 2, the Central Third Inspection Team reported the inspection situation to the party group of the Ministry of Education. Qin Bin, the team leader, gave feedback on the inspection to Party Secretary and Minister Huai Jinpeng of the Ministry of Education and the leading group of the Party Group of the Ministry of Education. Huai Jinpeng presided over the feedback meeting to the leading group and made a speech on patrol and rectification.

11) The Party Group of the Ministry of Education held a symposium to study and implement the spirit of the important speech of the Supreme Leader General Secretary on July 1st.

In order to further deepen the study and implementation of the spirit of the important "1 July" speech of the Supreme Leader General Secretary, recently,The party group of the Ministry of Education held a special symposium., exchange previous experience and practices, and deploy key work in the next stage. Huai Jinpeng, Party Secretary and Minister of the Ministry of Education, presided over the meeting and delivered a speech. He emphasized that to study and implement the spirit of the important speech of the Supreme Leader General Secretary on 1 July, the theoretical armed forces should be strengthened, the propaganda and interpretation should be deepened, and the implementation should be materialized.

12) Notice on Doing a Good Job in Enrollment of National Adult Colleges and Universities in 2021 was issued.

Recently, the Ministry of Education issued a notice on the enrollment of adult colleges and universities nationwide in 2021, demanding that all efforts be made to ensure the safe and smooth implementation of the adult college entrance examination, comprehensively strengthen the standardized management of enrollment, further strengthen the service of candidates and the review of freshmen’s qualifications, and seriously investigate and deal with violations. In 2021, the national unified entrance examination for adult colleges and universities will be held on October 23rd and 24th.

13) In 2021, the application for the provincial and ministerial collaborative innovation center was started.

The Ministry of Education recently launched the application for the collaborative innovation center jointly built by provinces and ministries in 2021. The declaration adopts the method of provincial recommendation and ministerial recognition. In principle, the collaborative innovation centers recommended by all localities must be recognized by the provincial level and have been in operation for more than 2 years. The number of recommendations does not exceed 2, and the materials are submitted as of September 30, 2021.

14) Carry out publicity and education month activities on myopia prevention and control in September.

Recently, the Ministry of Education issued a notice and decided to launch the third publicity and education month of myopia prevention and control in September 2021.

15) Select the members of the second national propaganda group on myopia prevention and control for children and adolescents.

In order to further implement the Comprehensive Prevention and Control Plan for Children and Adolescents’ Myopia and the Bright Action Plan for Children and Adolescents’ Myopia Prevention and Control (2021-2025), and further and effectively promote the prevention and control of children and adolescents’ myopia under the situation of normalized epidemic prevention and control in COVID-19, after research, the Ministry of Education decided to set up the second national propaganda group for children and adolescents’ myopia prevention and control, continuously expanding the scope and improving the effectiveness of the propaganda.

16) Publicity of Comrade Zhang Hui and Comrade Mou Qionglin being selected for the 2021 Rural Excellent Young Teachers Training Award Program.

In 2021, the selected list of "Award Scheme for Training Outstanding Young Teachers in Rural Areas" was publicized from August 9 to August 15. According to the publicity situation and the evaluation rules and standards, it was decided to supplement Zhang Hui, Lenin Primary School of Sihe Experimental School in Jinzhai County, Anhui Province, and Mou Qionglin, Shuanghe Junior High School in Xintang Township, Enshi City, Hubei Province, who were selected for the award scheme, which is now publicized. The publicity period is from September 2 to 6, 2021.

September 3rd.

17) Release and interpret the Opinions of the Ministry of Education and other five departments on comprehensively strengthening and improving school health and health education in the new era and the results of the eighth national survey on students’ physique and health.

On the morning of September 3rd, the Ministry of Education held the fifth series conference of "2021 Golden Autumn Education", released the results of the eighth national survey on students’ physique and health, and introduced relevant measures to strengthen students’ physique and health.

18) The Ministry of Education and other three departments issued notices to strictly strengthen the management of hygiene, safety and nutrition and health in canteens.

In order to ensure the food safety and nutritional health of schools and kindergartens at all levels, implement the Anti-Food Waste Law of People’s Republic of China (PRC), the Regulations on the Management of Food Safety and Nutritional Health in Schools and the Guidelines for the Construction of Nutrition and Healthy Schools, and promote the healthy growth of students, the Ministry of Education, together with the General Administration of Market Supervision and the National Health and Health Commission, recently issued the Notice on Strengthening the Management of Hygienic Safety and Nutritional Health in School Canteen, specifying the specific contents of strengthening the management of hygienic safety and nutritional health in school canteens.

19) The Ministry of Education, together with the General Administration of Market Supervision and other four departments, issued a notice to co-ordinate the prevention and control of epidemic situation in COVID-19 and school food safety in autumn.

Recently, the Ministry of Education, the General Administration of Market Supervision, the National Health and Wellness Commission and the Ministry of Public Security jointly issued the Notice on Coordinating the Prevention and Control of Epidemic Situation in COVID-19 and School Food Safety in Autumn, and deployed and coordinated the prevention and control of epidemic situation in COVID-19 and school food safety in autumn.

20) Deploy and do a good job in recruiting students for the 2022 national postgraduate examination.

The Ministry of Education recently issued the "Regulations on the Administration of National Postgraduate Enrollment in 2022" (hereinafter referred to as the "Regulations"), and deployed all enrollment units in various places to make overall plans for the postgraduate examination enrollment under the condition of normalization of epidemic prevention and control. The initial test of the 2022 national postgraduate entrance examination is scheduled for December 25-26, 2021, and a few examination subjects that take more than 3 hours or have special requirements such as using sketchpad are scheduled for December 27.

21) 62 units were identified as the second batch of national language and writing promotion bases.

On the 3rd, the Ministry of Education announced that 62 units will be designated as the second batch of national language and writing promotion bases. The publicity time of the selected list is from September 3 to September 7, 2021.

September 5th.

22) Feedback from the Seventh Round of the 19th Central Committee The 15 Central Leading Group for Inspection Work gave "one-on-one" feedback to the Ministry of Education and 31 middle schools.

According to the deployment of the CPC Central Committee, the feedback from the seventh round of the 19 th Central Committee to the party group of the Ministry of Education and the party committees of 31 middle-level universities has been completed recently. This round of patrol feedback is carried out by combining centralized feedback meeting with "one-on-one" feedback from all central inspection teams.

From September 2 nd to 4 th, 15 central inspection teams gave "one-on-one" feedback to the Ministry of Education and 31 middle schools. According to the arrangement of the central inspection work, the central inspection teams informed the main leaders of the inspected party organizations of the important problems found during the inspection, and gave feedback to the leading group.

CCTV News:In view of the irregular problems in some retail pharmacies, such as drug swapping and over-prescribing, resulting in the loss of medical insurance funds, the National Medical Insurance Bureau said on June 2 that it would increase supervision over designated retail pharmacies, urge them to standardize their business practices from the beginning of using the overall fund, at the same time, increase flight inspection, improve the effect of special rectification, and unite multi-departments to coordinate the supervision resources and exert the joint efforts of supervision to severely crack down on fraudulent insurance fraud such as false drug purchase and reselling medical insurance drugs.

From the practice of medical insurance fund supervision, some designated retail pharmacies illegally use medical insurance funds mainly in the following situations:

The first category is false prescription. Making up or forging drug prescriptions or sales records and swiping medical insurance codes (social security cards) without actually purchasing or selling drugs to defraud medical insurance funds.

The second category is drug swapping. Including swapping non-medical drugs for medical insurance drugs, using medical insurance funds to pay for health care products, food, cosmetics, etc., swapping non-medical insurance drugs for medical insurance drugs, and swapping low-priced drugs for high-priced drugs.

The third category is over-prescribing. First, sell the drugs that I don’t need or obviously exceed my consumption demand to the insured through buying gifts, exemption and reduction; Second, it provides convenience for drug distributors (such as sales staff of pharmaceutical companies) to prescribe more expensive drugs and settle medical insurance, so as to resell and promote drugs at low prices; The third is to induce the insured to use the employee medical insurance outpatient co-ordination fund for centralized drug purchase and peak consumption at the end of the year.

The fourth category is to settle medical insurance for other pharmacies. Lend the medical insurance settlement system to non-medical insurance designated retail pharmacies or designated retail pharmacies that have been suspended from medical insurance settlement, and make medical insurance settlement on their behalf.

The fifth category is management problems. For example, prescription drugs are sold without prescription, drugs are sold first and then prescribed, and the records of drug purchase and sale do not match.

Designated retail pharmacies will be punished for illegal use of medical insurance funds.

The National Medical Insurance Bureau said that designated retail pharmacies should implement the main responsibility of self-management, and those who violate relevant regulations will be punished accordingly.

In accordance with the regulations on the supervision and administration of the use of medical insurance funds and other rules, designated retail pharmacies shall not induce or assist others to impersonate or falsely purchase medicines, shall not forge, alter, conceal, alter, destroy medical documents, accounting vouchers, electronic information and other relevant materials, and shall not fabricate medical services. Violation of this requirement is an act of fraudulent insurance, and the medical insurance administrative department will order it to return the losses caused by the medical insurance fund and impose a fine of more than 2 times and less than 5 times the amount defrauded; At the same time, it is ordered to suspend the medical services involved in the use of medical insurance funds by designated medical institutions for more than 6 months and less than 1 year, until the medical insurance agency terminates the service agreement; Those with professional qualifications shall be revoked by the relevant competent departments according to law.

The above acts also constitute a crime of fraud, and the relevant responsible personnel may be imprisoned. Designated medical institutions (including pharmaceutical business units) for the purpose of illegal possession, defrauding medical insurance fund expenditures, the organization, planning, implementation of personnel, convicted and punished for fraud; If it constitutes other crimes at the same time, it shall be convicted and punished in accordance with the provisions of heavier punishment. Those who knowingly illegally purchase and sell drugs purchased by using medical insurance to defraud are convicted and punished for concealing and concealing the crime; Instigating, instigating and instructing others to use medical insurance to defraud and buy drugs, and then illegally buying and selling them, they are convicted and punished for fraud.

Young people playing online games. Zhang Xinyan’s information

　　　　　　　　Zhu Chenghong is the deputy stationmaster and general ledger accountant of Xiongzhou Street Economic Management Station in Liuhe District, Nanjing. He is addicted to the online game "Journey" and asks someone to practice the game for him at a high price. There are netizens from other places to exchange their experiences, and he covers all the expenses. In reality, the "small official" has become a "local tyrant" in the "journey". When the money is not enough, he misappropriates public funds, and over time it reaches 2.64 million yuan.

　　　　　　　　The Paper (www.thepaper.cn) recently learned that Nanjing Liuhe District Procuratorate has filed a public prosecution with Liuhe District Court for Zhu Chenghong’s embezzlement of public funds. At present, Zhu Chenghong has been sentenced to 11 years in prison.

　　　　　　　　Zhu Chenghong, who is nearly 40 years old, has been the deputy stationmaster and general ledger accountant of Xiongzhou Street Economic Management Station in Liuhe District since 2003. He is a "busy man", who travels at two ends every three days, and he is dressed brightly and fashionably. Apple phones have also changed from generation to generation.

　　　　　　　　It turns out that since 2005, Zhu Chenghong has been exposed to an online game called "Journey". The "hero" in the network made him find a response that he couldn’t expect in reality, and Zhu Chenghong quickly became addicted to the game world.

　　　　　　　　In order to realize the vanity in the network and reality, Zhu Chenghong has registered 12 game accounts, invited people to practice on his behalf at a high price, and even spent a lot of money buying equipment. Playing games and meeting friends all over the country are all "flying". Foreign netizens come to exchange their experience in the game, and all the accommodation and travel expenses of the other party are taken care of by him. Spending a lot of money, Zhu Chenghong became a "local tyrant".

　　　　　　　　As the deputy stationmaster of the street management station, Zhu Chenghong’s salary is not high, his family is not rich, and there is no other source of income. How can he spend so much money?

　　　　　　　　This will start with Zhu Chenghong’s work. Street management station is mainly responsible for rural collective finance, asset management and other work, and the state’s agriculture-related funds and subsidies are also distributed to villagers through the management station.

　　　　　　　　With the acceleration of urbanization, more and more rural land, assets and resources have been expropriated, requisitioned and leased, and the collective funds at the village level have increased rapidly. Zhu Chenghong, who was stretched by online games, finally reached out to these escrow funds.

　　　　　　　　From 2006 to 2012, he misappropriated funds from the fund account of the economic management station several times, and finally formed a "big hole" of more than 2 million yuan. With the villages pressing for debt collection and the Liuhe District Procuratorate investigating the fund management of the economic management station, Zhu Chenghong deeply felt that "paper can’t cover fire". In early October 2012, he came to the district procuratorate to surrender.

　　　　　　　　In October 2012, the Anti-Corruption Bureau of Liuhe District Procuratorate filed a case for investigation on Zhu Chenghong’s alleged misappropriation of public funds. With the deepening of the investigation, the prosecutor found that the management station had serious violations of financial discipline and management regulations, such as seal management, irregular use and internal audit going through the motions. This is also the main reason why Zhu Chenghong embezzled public funds for six years and caused huge losses. Chi Chunlin, then the stationmaster of the economic management station, was in charge of supervision and was suspected of dereliction of duty.

　　　　　　　　The investigation shows that Chi Chunlin is not only a "faint official" but also a "corrupt official". From 2009 to 2012, Chi Chunlin took advantage of his position in charge of declaring and auditing rural public welfare projects and demanded bribes totaling 128,000 yuan from the village collectives who declared the projects.

　　　　　　　　In the end, Chi Chunlin was convicted of accepting bribes and dereliction of duty. He was sentenced to 12 years and 6 months in prison and confiscated 70,000 yuan of personal property. Zhu Chenghong was sentenced to 11 years in prison by Liuhe District Court for embezzlement of public funds.

The emission standards of Chang ‘an Yidong vary according to the model and year. Generally speaking, from 2010 to 2014, the emission standard of most Changan Yidong vehicles is National IV (that is, the European emission standard Euro4); Since 2015, the emission standards of the newly produced Changan Yidong vehicles have reached the national five (that is, the European emission standard Euro 5) standard.

It should be noted that the models in different years and regions may be different. To determine the specific emission standards of specific models, it is best to consult the vehicle manual or contact the customer service of Changan Automobile.

　　Lynk & Co 08 was listed on September 8. The official price of the five models 20.88-28 8,000 yuan compared with the pre-sale price. The starting sale was reduced by 10,000 yuan, and it was ordered to be discounted by 9,000 yuan before the end of October.

　　This car adopts the mainstream P1 + P3 + P4 architecture, and is equipped with a 3-speed DHT gearbox. The second motor is placed behind the gearbox. This structure makes the driving and driving of the whole vehicle less dependent on the engine. It has a purer and closer driving quality to the electric drive. It can also achieve high-speed not soft, faster speed, and strong driving pleasure. It can dynamically adapt to "all working conditions" driving, and can be off-road in cities. Lynk & Co 08 also supports 85kW fast charging and is equipped with 3.3kW external discharge function. It can provide more than 200kWh of power when fully charged and full of oil.

　　Lynk & Co 08 is equipped with the LYNK Flyme Auto system, built with two Geely self-developed Dragon Eagle No. 1 chips. Whether it is the fluency of use, the ornamental nature of the UI interface, or the richness of applications and the intelligent level of functions, it will be a qualitative leap compared to previous models of the Lynk & Co brand.

　　Lynk & Co 08 has launched a total of 5 configuration models. Looking carefully, the differences between the versions are not large, and the core is still in terms of power. Lynk & Co 08 provides two-wheel drive and four-wheel drive versions for selection, both of which are 1.5T + 3DHT plug-in hybrid systems, mainly with or without P4 rear axle motors.

　　The two-wheel drive version and the four-wheel drive version have a combined power of 280kW and 436kW, respectively, and a combined torque of 615N · m and 905N · m. The two-wheel drive version is divided into long and short battery life versions. Both entry configurations use a 21.2kWh battery pack, and the CLTC pure electric battery life is 120km. The rest of the configurations have more technical comfort configurations such as fatigue driving reminders, facial recognition, AR-HUD, and second-row seat massage, but the overall difference is not big.

　　The battery capacity of the two-wheel drive long-range Halo version has been upgraded to 39.8kWh, and the CLTC pure electric battery life has reached 245km, which is already the leading level in the same class. The configuration is exactly the same as that of the short-range version. The four-wheel drive version comes standard with 39.6kWh battery, the CLTC has a battery life of 220km, and has a acceleration time of 4.6 seconds and zero hundred. In other configurations, the four-wheel drive version mainly has an off-road mode. The top time limited edition is equipped with a matrix headlight set, and higher-level auxiliary driving hardware, including 10 cameras, 12 ultrasonic radars, and 5 millimeter-wave radars. The above configuration can also be optional from the two-wheel drive long-range Halo version.

　　Although Lynk & Co 08 is a product that focuses on extreme performance, the performance parameters of the two-wheel drive version are already very impressive, exceeding the 3.0T level of gasoline vehicles, and there is no problem in dealing with conventional urban roads. Importantly, the main promotional configurations of Lynk & Co 08, such as Meizu cars, battery safety, and comfort configurations, are basically standard, making the user’s driving experience not much different. Consumers only need to choose the version that suits their driving control needs.

　　Overall, the two-wheel drive long-range Halo version is the most recommended, especially the 245km pure electric battery life can be regarded as a pure electric vehicle in the city to drive, the price of about 250,000 yuan is slightly lower than the same level of competitors, which can meet the multi-faceted needs of young people for appearance, technology, comfort, driving control, etc. (Graphic: Provided by Geely Lynk)

A few days ago, Lynk & Co 08 EM-P added a 120 long battery life Plus model, the official guide price is 195,800 yuan, compared with the original entry-level model 120 long battery life Pro reduced by 13,000 yuan, cancelled 11 configurations. After the addition of new models, Lynk & Co 08 EM-P currently has 6 configuration models on sale, the price range is 19.58-28 8,000 yuan.

In addition, Lynk & Co 08 EM-P also launched a limited-time car purchase discount, from now until the end of April to complete the big order lock order users can enjoy up to 4000 yuan to deduct 20,000 yuan of car purchase rights, which is equivalent to a discount of 16,000 yuan, the whole series of models 179,800 yuan for sale, improve the cost performance.

Although the price of the new model has been reduced, the configuration has also been reduced. Compared with the 120-long battery life Pro, the rear privacy glass, steering wheel heating, front seat massage/ventilation, and 23-speaker audio options have been cancelled. In addition, the anti-dazzling frameless inner rearview mirror has been changed from automatic to manual adjustment, the antibacterial leather steering wheel has been changed to a leather steering wheel, and the Nappa leather has been changed to leather. The three-temperature zone automatic air conditioning has been changed to a dual-temperature zone, and the ESC function of the front seats has been partially reduced.

From the perspective of reduced configuration, it is basically biased towards comfort, while there is no change in the configuration for safety and practicality, such as equipped with 6 airbags, L2-level autonomous driving assistance, full-speed adaptive cruise, 540 ° transparent chassis, electric with memory trunk door, remote start, external discharge, panoramic sunroof, 15.4-inch central control large screen, intelligent vehicle system, etc.

The appearance of the new car is the same as that of the old model. It adopts the design language of the Lynk & Co family, and the sharp lines are matched with the unique shape, which is quite personalized and fashionable. The front face adopts a closed design, and the top is equipped with through headlights and daylight LED daytime running lights, which have a clear taste of the Lynk & Co family and are very recognizable.

From the side, the Lingke 08 EM-P has a very tough temperament, with a bulging waistline and a low front and a high back. In addition, the new car also has a suspended roof, with a large back tail shape, showing the fashion and movement of a coupe SUV. As a new energy model, the Lingke 08 EM-P provides hidden door handles and low wind resistance wheels, which are more visually simple.

In terms of size, the Lynk & Co 08 EM-P is positioned as a medium-sized SUV. The body length, width and height are 4820/1915/1685mm, the wheelbase is 2848mm, and the trunk volume is 545-1277L. The interior space is relatively spacious. Compared with the BYD Tang, its body length is 4870mm and the wheelbase is 2820mm. It has its own strengths with the Lynk & Co 08 EM-P, and the spatial performance is not much different.

In terms of power, the Lynk & Co 08 EM-P is equipped with a 1.5T plug-in hybrid system + 3DHT gearbox, of which the maximum power of the engine is 120kW, the maximum power of the motor is 160kW, the maximum power of the system can reach 280kW, the maximum torque is 615Nm, and it is matched with a 21.2kWh battery pack. Under WLTC conditions, the pure electric battery life is 102km, and the comprehensive fuel consumption is 1.2L/100km.

Write at the end: As a new energy product under Lynk & Co, Lynk & Co 08 EM-P and BYD Tang DM-i are relatively close in terms of model positioning, size space, power life, etc., but they are not as good as Tang DM-i in terms of brand appeal, which affects its market performance. However, for young users who pursue individuality, Lynk & Co 08 EM-P is more fashionable and trendy, and it is also a good choice for plug-in mid-sized SUVs.

Nowadays, when consumers buy a car, safety configuration is one of the most important considerations, so whether the active/passive safety configuration is rich will directly affect its popularity. Today, we are bringing you a -. Take a look at it now.

First of all, from the appearance point of view, the Maybach S-class front shape looks very cute, looks very round. With soft headlights, the overall look is very simple and elegant. The car is equipped with LED daytime running lights, automatic opening and closing, adaptive far and near light, automatic steering, delayed closing, etc. To the side of the body, the body size of the car is 5470MM*1921MM*1510MM, the car adopts exquisite lines, the side circumference gives a very fashionable and sporty feeling, with large-sized thick-walled tires, the shape is quite domineering. Looking back, the rear looks cute, the taillights show a young and fashionable design style, and the exhaust pipe layout uses a gun barrel shape, which looks very avant-garde.

Coming into the car, the interior design has taken a cool route, in line with the aesthetic standards of young people. The steering wheel of the car uses a hollow design and leather material, and everything looks very atmospheric. Let’s take a look at the central control, with a 12.8-inch central control screen, the interior design is quite layered and soft. Let’s take a look at the dashboard and seats. The dashboard of the car presents a stylish and simple design style, which looks very beautiful. The car adopts leather seats, which are wide and thick, and the materials are exquisite for comfortable riding.

Maybach S-class matching automatic manual (AT) gearbox, 100 kilometers acceleration time of 4.7s, power performance is good, to meet the daily use of completely OK.

The car is equipped with vehicle to everything, driving mode selection, remote control key, rear window sunshade, interior ambient light and other configurations, and the configuration has reached the mainstream level of the same level.

I have already introduced this car. I believe that many users who buy a car have taken a fancy to its comfort and practicality. As long as you really like it, the purchase is over. Hurry up and go to the 4S store to place an order.

　　At the beginning of the new year, Deep Blue Auto released a new set of SUV models G318 official pictures. The Deep Blue G318 is positioned as a "new hard-core of technology". Its design is full of sci-fi, avant-garde and hard-core, conveying a hard-core style from the future and space, showing a completely different design trend from traditional hard-core SUVs on the market.

　　The design inspiration comes from the "Trimaran Battleship" dark blue G318

　　The design inspiration of the dark blue G318 comes from the "three-body battleship". The old battleship exposed radar, naval guns and other equipment to show its strength. The new battleship hides radar, naval guns and other equipment, and uses a highly integrated design to reflect the sense of future and mystery. If the design of the traditional hard-line SUV is like the old-fashioned battleship, the design of the G318 is like a 10,000-ton giant ship, which is not imposing and self-evident, giving people a feeling that they don’t understand but feel very powerful. The design concept is worthy of praise!

　　Dark Blue G318 Cybertron visitor, full of aura

　　From the front face, the dark blue G318 places great emphasis on the cutting of metal polygons. On the basis of ensuring the simplicity and crispness of the overall section, it highlights the avant-garde with its familial shark nose. The simple and unified cutting makes the front face look more cyber, and the coarse matte lower bumper makes the front face look wider, larger, and more fierce. The large area proportion of the headlights makes the entire front face look very firm. The concise and extreme polygonal cutting also emphasizes the sense of technology, while the headlight profile and the quadrilateral on both sides of the lower guarantee highlight the delicate cutting through the rounded corner process.

　　Not only tall and strong, but also just right Less is more

　　The dark blue G318 adopts a grille-free design, highlighting the avant-garde feeling of the electrical era. The expanded border design of the headlights complements the decorative parts connected in the middle, which jointly promotes the enhancement of the wide-body feeling of the body. It not only emphasizes electric technology, but also cleverly retains the tall and powerful SUV. The vertical decorative parts of the lower guarantee are cleverly lapped with the body, as if the body is unfolded. This ingenious design presents a light and holistic feeling, and the moderate air intake area in the middle once again makes the design and function perfectly integrated. The cross-section of the familial shark nose volume gives people a clean and neat feeling, and the hood looks tall but not stiff. It is just right, as the so-called Less is more.

　　G318 headlights bloom, inheriting the essence of off-road and integrating Cyber Technology

　　The design of the G318 headlights cleverly integrates traditional off-road vehicles and electric cybertechnology, not only showing a sense of refinement, but also highlighting the strong proportion of large areas of black areas in the headlights, which injects strength and stability into the overall design. The unique C-type daytime running light is sharp and prominent, and the three-bar symbol interspersed with the expanded border gives the daytime running light a unique sense of breakthrough. The lens adopts a multilateral cutting method, which is consistent inside and outside, further strengthening the overall beauty of the headlights. This design not only presents a strong sense of impact visually, but also highlights the G318’s pursuit of advanced technology and technological aesthetics.

　　The front low and back high side of the car lurks an extraordinary aura, gathering overwhelming impact

　　The front face of the G318 adopts simple and extreme polygonal cutting to emphasize the technical feeling of unnatural forms, including the outline of the headlights, the gap under the body color, and the quadrilateral on both sides of the undercover, etc., all of which highlight the exquisite feeling mapped by the cutting through the refined process of rounded corners. On the front low and back high side of the body, the highest point of the roof complements the turning point of the shoulder line skirt of the body, forming a unique static dynamic. The body creates the front and rear wheel package volume through the cutting sense design language, and the shoulder surface is full and varied, which not only forms a strong sense of contrast, but also enhances the advanced sense of the whole vehicle and enhances the visual impact. Metal cutting further creates a solid and reliable visual sense of the body. Overall, the front, side, and rear are integrated, which not only enhances the overall design of the body, but also shows a harmonious aesthetic.

　　The tail makes SpaceGate innovative and expressive.

　　Turning to the tail, the dark blue G318 takes the theme of "Space Gate" as the main body. The overall volume formed by the tail window glass and the black parts below is used as the main body. At the same time, the volume on both sides extends and intersects to form a lifting structure, forming a stable and powerful support for the tail. Coupled with the strong black bumper at the bottom, it is very recognizable and strong. The overall shape of the high brake light combines the shape and function of the tail wing, hidden in the "tail wing", which is simple and does not lose the sense of technology. The C-shaped energy crystal tail light echoes the headlights, using C-shaped elements and forming a volume interspersed in the middle, so that the upper and lower parts are inserted in the middle volume to form a strong sense of "breakthrough point", and the shape is more three-dimensional and powerful.

　　Powerful dynamic performance and extraordinary strength to turn around in place

　　In terms of power, the deep blue G318 is equipped with a super range-extending hybrid system and uses a dual-motor four-wheel drive. Its strong power makes the car highly capable of escaping trouble. It has previously rescued large trucks in heavy snow, and its powerful performance is evident.

　　It is worth mentioning that the dark blue G318 is also equipped with a in-place U-turn function, which realizes a very small turning radius through rear wheel reversal, providing users with a more convenient and comprehensive travel experience in extreme scenarios.

　　The off-road gene is engraved in the bones. In 1958, Changan created the first off-road vehicle in New China

　　What? You don’t think Chang’an has an off-road gene. You know, Chang’an is the most authentic domestic off-road old gun. As early as 1958, Changan Automobile built the first domestic off-road vehicle in New China – the "Changjiang Brand" 46 off-road jeep, which is 7 years older than the well-known Beijing 212. And Changan, with a century-old military enterprise background, has always flowed with pure off-road genes in its blood, and continues to move forward with the spirit of revitalizing national industry. Deep Blue adheres to the Changan manufacturing gene. No matter how the times change, the quality will last forever for a hundred years! (Source: Deep Blue Auto)