Jining, Shandong Province cracked the case of "12.15" mega-network spreading obscene articles for profit.

   Legal Network Jining (Shandong) August 20th Reporter Xu Peng On the evening of August 16th, seven main suspects who fled Malaysia landed at Yaoqiang Airport in Jinan by plane and surrendered themselves to Jining police in Shandong. At this point, the "12.15" cross-border mega-network dissemination of obscene articles for profit has basically ended.

   In this case, 12 related yellow-related live broadcast platforms were sorted out. The suspects were spread all over the country in 16 provinces and cities and overseas in Malaysia, Myanmar, Thailand and other places. 62 suspects involved in platform management, operation, promotion, family heads and anchors were arrested. The first batch of 16 people were transferred, and 22 people were to be arrested. More than 21 million people involved in the case were frozen and one case was seized. From the root, the whole chain destroyed the criminal gang of the webcast platform and completely eradicated this yellow "cancer" that seriously endangered society.

   Statistics show that these platforms have more than 2 million registered members, with hundreds of millions of viewers clicking, and the amount involved exceeds 100 million yuan. In 2018, the "12.15" case was listed as a supervision case of "eliminating pornography and illegal publications" by the National Anti-vice Office and the Ministry of Public Security.

   It is understood that due to many factors such as low crime cost, high specialization and virtual network, this case is very difficult to crack down, and it is not easy to achieve the whole chain attack from anchor, family leader to management members, shareholders and top management personnel.

   According to the investigators, at present, more than 260 live broadcast platforms related to pornography are online at the peak, and only 12 are related to the case, which highlights the confusion in the management of the current live webcast platform, especially the obscene video images spread, which makes people collapse instantly, greatly endangering the physical and mental health of young people.

   A small clue leads to a major case involving 100 million yuan.

   Sexual intercourse, promiscuity, incest, props performance, including obscene videos of children, mother and child, mother and daughter, human and dog, same sex, exposure of sexual organs, etc., were vividly shown in this case. In fact, this case was led by a small clue.

   At the beginning of December, 2017, the office of the leading group for "eliminating pornography and illegal publications" in Jining City immediately set up a "12.15" task force based on a case clue provided by the Public Security Detachment of the Municipal Public Security Bureau to open a live broadcast room for obscene performances, which was jointly operated by the Comprehensive Law Enforcement Bureau of Jining Cultural Market.

   According to relevant clues, the task force found out that since 2017, criminal suspects Yan and Chu have been engaged in profit-making activities of spreading obscene articles on webcast platforms such as "September Live". Subsequently, the task force tracked down a "small clue" and found out a rare large-scale cross-border network to spread obscene articles for profit.

   The public security department and the cultural law enforcement department of Jining City shall, in accordance with the scope of their duties, define the division of labor and work together. Cultural law enforcement departments are responsible for providing online places for handling cases and obtaining evidence, equipment for obtaining evidence and funds necessary for handling cases and obtaining evidence online. At the same time, they give full play to their professional and technical advantages to conduct online remote inspection and obtaining evidence through the network monitoring platform, and assist the public security departments in interrogating and arresting criminal suspects. The public security department integrates a variety of investigation elements, takes advantage of big data technology to investigate the identity information, fund account number, fund chain and personnel chain of criminal suspects, is responsible for the interrogation and arrest of criminal suspects, and assists cultural law enforcement departments in network remote inspection and network video forensics.

   Subsequently, the task force followed suit, and after more than eight months of hard work, the personnel chain, capital chain and technology chain involved in the "September live broadcast" have been identified. The pornographic webcast platform has more than 2 million registered members, hundreds of millions of viewers’ clicks and hundreds of millions of yuan involved. The personnel composition is: "Member — Anchor — Family leader — Manage members — Shareholders — The top management members are six levels, and the suspects are distributed in 16 provinces and countries such as Malaysia, Myanmar and Thailand. It is a rare case in the country to spread obscene articles through cross-border mega-networks. After the case was found out, the office of the leading group for "eliminating pornography and illegal publications" in Jining City began to close the net. As of August 16, the task force had arrested 62 suspects involved in the case and frozen more than 21 million yuan of funds involved. At the same time, 12 platforms related to this were destroyed, such as "live broadcast of honey juice", "shallow live broadcast", "cat", "allow beauty" and "ram"

   According to the investigators, members recharge the platform through Alipay or WeChat in exchange for platform currency, and the exchange rate is about RMB to 10 platform currency in 1 yuan. There are various virtual gifts in the studio, such as cucumbers, bananas, diamond rings, flowers, sports cars, bombers, passenger planes and rockets. Among them, sports cars, 888 diamonds/car; Bomber, 1314 diamonds/frame; Passenger plane, 8888 diamonds/frame; Rockets, 18888 diamonds/piece, etc.

   "There are three main forms of communication. One is the free and open live broadcast of members, preparing for the next charge to provide obscene videos, and occasionally performing obscene performances to attract audiences, which is equivalent to advertising in physical stores; Second, the obscene performances charged by time or time; The third is to pay for the virtual gift to the anchor. When the gift reaches a certain value (usually a sports car or bomber), the anchor adds members WeChat and QQ, and sends obscene videos to members after establishing WeChat groups and QQ groups. " The case handler said.

   It is extremely difficult to strike with clear hierarchy.

   Through the analysis of "live broadcast in September", the task force found that the division of labor was very clear. Management members, shareholders and top management members are responsible for the management of the platform, the head of the family manages the anchor, and members pay to watch. The income distribution among management members, shareholders, top management members, family heads and anchors is 37-30, that is, about 70% of the total revenue of the platform is paid to the family heads, and the family heads are then distributed to the anchors (the share of family heads and anchors accounts for 20%: 50% of the total revenue of the platform); 30% is platform gross profit, and after deducting some operating costs (cloud service fees, venue rental fees, personnel employment fees, etc.), it is platform net profit.

   According to the investigators, the same anchor can be online on multiple platforms at the same time, and hundreds of live broadcast rooms on the same platform can be broadcast live at the same time. The number of real-time online viewers on the same platform is very large.

   "The income of the anchor is very considerable. Ordinary" anchors "earn as little as 1,000 yuan a day, and well-known" anchors "earn more than 20,000 yuan a day. If they broadcast live on multiple platforms at the same time, the income will be higher." According to the investigators, each anchor watched hundreds of members and thousands of people watched online, and found that more than 240,000 people watched the same anchor performance. "What’s more, there are a large number of teenagers in the audience, and there is a trend of younger development."

   Although Moulido is harmful, the investment of the whole platform is not high, the threshold is low, and it is very difficult to crack down.

   "The cost of building an entire live broadcast platform does not exceed 1000 yuan at most." Fan Cunchang, deputy director of the Comprehensive Law Enforcement Bureau of Jining Cultural Market, often said that the first step is to buy the platform source code only by 10 yuan, the second step is to rent the server, then set up the platform, and use the purchased source code to build the mobile phone application of the live broadcast platform, and the third step is to apply for third-party login interfaces such as WeChat, QQ and Sina Weibo, and third-party payment interfaces such as Alipay. "‘ Live in September ’ For example, the initial investment is only more than 600,000 yuan, and the illegal profit is as high as tens of millions of yuan. "

   Moreover, the live broadcast platform has many ways to avoid supervision, and it is spread by scanning QR codes and downloading, and it also avoids supervision by changing its name and platform version from time to time. Viewers can register as members to watch only through the verification code of mobile phone number or through the binding of third-party software such as WeChat, without real-name authentication.

   "The people involved have strong anti-reconnaissance ability and their true identity is hidden." The case-handling personnel said that the illegal live broadcast platform did not fulfill the principle of "real name in the background and voluntary in the front desk" of the regular live broadcast platform, and the anchor room could be directly certified for the female anchor to perform without real-name certification. Most of the people involved in the case contact each other through the Internet, and even they don’t know each other. They can contact each other only through virtual identities such as WeChat, and even the accounts for collection and payment steal other people’s identity information, which brings great difficulties to the identification of the true identity of the people involved.

   Webcast chaos is in urgent need of supervision.

   "The aggregation platform steals the traffic of the live broadcast platform through hacking technology, which can maximize the collection of common online platforms related to pornography." The police investigating the case said that the analysis found that about 260 live broadcast platforms were online at the same time during the peak of live broadcast. "The chaos in the field of webcasting can be seen."

   "Webcasts are mainly supported by the number of viewers. With a huge audience, there will be no income. Moreover, the technical requirements of the live broadcast platform are low, and it is very simple for live broadcast women to want to broadcast live, as long as they have a computer or smart phone. " The police handling the case said.

   At the same time, the whole criminal process is highly specialized. "For example, in the past, the transfer of stolen money was converted between different bank cards, and now it is directly handed over to a professional money laundering company, and it is very difficult to check the capital flow." According to the police investigating the case, information such as WeChat, QQ number and telephone number are basically false, and identity authentication is not simple.

   "Like this case, the main suspects are abroad, and the servers are also abroad. When arresting, international police law enforcement cooperation is needed, and sometimes it is not smooth." The police handling the case said.

   Fan Cunchang suggested that according to the new situation that the network market has become the main battlefield of the cultural market, we should select high-quality talents such as computer majors, set up a professional network culture law enforcement team, strengthen the supervision and management of network violations, and be fully responsible for investigating cases in the network field, so as to create a clear cyberspace environment and escort the healthy growth of teenagers.

   "The National Anti-vice Office has established a major case filing system. It is suggested that the Provincial Anti-vice Office should also establish a major case supervision system and set up special funds to reward key cases. After research, the cases declared by various cities will be included in the supervision cases for publication. At the end of the year, the cities that have completed the supervision cases will be given special funds for handling cases. At the same time, special regulations for handling special funds for cases were introduced to ensure that grassroots case handlers can effectively and permanently investigate the project. " Fan Cun often said.

   In view of the new situation and new characteristics of frequent illegal cases such as webcasting, Fan Cunchang suggested that the national and provincial anti-vice offices should hold more training courses on how to investigate and deal with online cases in order to adapt to the challenges brought by the increasingly diverse and hidden criminal means to law enforcement.

The quality requirements of SF aging parts are continuously upgraded.

Source: Financial Network

  The performance of SF Express in the first quarterly report was like a deep-water bomb, which caused an uproar in the market. Although the company explained that this was due to the short-term impact caused by the superposition of various factors, the company’s long-term development trend did not change. SF Express, which was too "excellent" in 2020, was constantly questioned. What’s more, it was even said that SF Express lost money because its business pieces were not profitable and it did not ask SF Express to send paper documents in the electronic era. But is SF Express really just a courier company that sends a "contract"? Is it really only a contract that needs SF Express today?

  SF Express, which started from business parts, has now become a comprehensive business entity with business clusters such as time-limited parts, economic parts, express business, city, cold transportation, international business and supply chain business. The proportion of time-limited parts only accounts for 43.09% in the 2020 annual report, but in 2020, the business income of time-limited parts excluding tax was 66.36 billion yuan, a year-on-year increase of 17.41%. As the core product of SF, the profitability of SF’s aging parts continues to be stable.

  Today, SF has upgraded the aging products to achieve a new definition. First, it is the aging commitment, making accurate commitments to customers and taking the lead in aging. Through the combination of air/rail/steam transportation modes, priority is given to shipment, transit and delivery, providing competitive timeliness. The second is the operation guarantee, which realizes the traceable door-to-door standard express service through the exclusive process guarantee of each link of receiving and forwarding. The third is based on different scenarios, rich product matrix to meet the diverse customer needs of different customers. The fourth is to maintain high efficiency. If it is simply understood, SF time-limited products are trying to deliver them today and arrive tomorrow.

  Some insiders said that in different times, customers who need prescription products are different. The core of SF aging network is not aimed at the business parts market, but its core is high-aging and reliable service. Today, high-end consumer goods and fresh food are its biggest use varieties. Founder Securities analysts believe that the aging parts have entered a mature stage in the pattern, but the high growth of e-commerce demand has given the aging parts a second vitality, which is the core driving force for SF Express’s performance growth at present.

  Among SF Express’s over 60 billion yuan time-consuming parts revenue, the proportion of consumer business has increased rapidly, accounting for almost half of the country, and the proportion of document business is about 30%, while the contract invoice business is only a small part of document products. Simply calculate, if the revenue of SF Express is 154 billion yuan in 2020, then the revenue of document products only accounts for about 13% of the total revenue.

  The reason why SF is a growth stock rather than a cyclical stock is to get rid of the dependence on business parts and equalize the so-called cyclical influence. In the era of big consumption, SF’s aging parts have already been upgraded, and they are active in the demand side of all consumers and B-end users, keeping up with the high-end demand of customers, and the customer’s stickiness is constantly increasing.

  Figure: Category structure calculation of SF aging parts (2020H1, from orient securities research report).

  High-end demand for aging parts in the era of great consumption

  Since 2020, affected by epidemic factors, the online shopping penetration rate of residents has been improved, and the online promotion of high-end e-commerce has increased, and consumers’ online shopping habits have continued.

  After the epidemic situation has been basically controlled, online shopping has maintained a rapid growth trend, and high-quality consumer goods, such as high-value and high-margin department stores, high-time survival fresh goods, etc., are also accelerating the online trend. These high value-added goods also have a relatively rigid demand for high-quality express delivery services. Driven by the demand of domestic high-end e-commerce, traditional commerce is accelerating to penetrate online, and the demand space of aging network is opening. The demand is shifting from traditional business parts to undertaking consumption upgrading and the rise of high-tech industries, and the space of SF aging parts is further opened.

  Orient securities analysts believe that the demand for aging parts is shifting from transporting traditional business parts to undertaking online demand for high-quality consumption. From the perspective of sub-categories, the growth rate of documents has slowed down due to electronicization, and high-end e-commerce devices have benefited from the accelerated growth of high-quality online consumption. In the medium and long term, with the rise of high-tech manufacturing industry and the commissioning of Ezhou Airport, aging network is also expected to undertake the delivery demand of precision instruments, spare parts, biomedical products and other goods brought about by the rise of high-tech industry.

  The analyst believes that the increase in the proportion of consumption in aging parts is not only due to the explosive traffic caused by the epidemic in a short period of time, but also inevitable, that is, the advantages of e-commerce channels in resource allocation, circulation mode, efficiency and cost, the continuous investment of luxury e-commerce sellers in digital construction, the continuous optimization of fresh e-commerce sellers on fresh supply chain, and the continuous enhancement of consumers’ trust and stickiness in online channels.

  SF’s online penetration rate in 3C electronics, high-value clothing, medical health, skin care and other categories has been continuously improved. The strict requirements for express quality of Cordyceps sinensis, gold jewelry, high-end clothing, high-end cosmetics such as lamer, and high-end small household appliances such as Dyson have promoted the accelerated development of SF’s prescription parts. At the same time, the development of the company’s supply chain business will also bring in new prescription parts, and the development of SF’s prescription parts will be strengthened by the joint efforts of the two.

  Innovating Value-added Space of Business Components and Enhancing Customer Stickiness

  In the field of business parts, SF also provides extended value-added services on the basis of express delivery service, and provides one-stop information scheme for the whole process management of documents and bills, including internal operation management optimization, logistics receipt and delivery management and personalized value-added services at the end, helping enterprises realize intelligent document and bill management, helping them reduce operating costs and enhance customer stickiness.

  In the 2020 annual performance briefing, the company also stated that SF B2B business parts (industrial and commercial express) are the main source of income and profit. With the progress of science and technology, the popularity of electronicization, including the disappearance of the demand for mailing invoices, the industry and commerce are challenged to some extent. SF creates some time-sensitive segmented products in the supply chain, turns passive into active, and maintains the advantages of the company’s time-sensitive parts, as follows:

  First, continue to deepen the B-side and dig deep into some industrial and commercial needs. The aging products created by the company can improve the aging of products, and then from the perspective of management, they can create greater value for customers.

  Second, use data to reflect the specific scenes in the supply chain. Instead of the traditional supply chain, the company uses technology and express delivery network to build a brand-new supply chain. After these links are opened by technology, the products can be reproduced and fissile quickly, and many SF resources can be used, such as Ezhou Airport, airplanes and transportation resources with obvious advantages. By using technology and data to penetrate into all walks of life, many common scenes can be extracted and seamlessly connected with SF Express’s network. There is an internal project called "Lego", which is to let customers use the Lego model to combine on the billboard.

  Broaden the extension of aging parts for potential customers

  According to the research of CICC analysts, the persistence, stability and reliability of SF Express’s service during the epidemic period have improved the recognition of its brand in the public mind, and SF Express has a good mass base.

  Zhao Xiaomin, an expert in the express delivery industry, is concerned about SF Express’s comprehensive ability in the fresh season. He believes that in recent years, the competition in the field of "fresh fruit" in the express delivery industry is extremely fierce, and SF Express has adopted multi-arms joint operations in the field of fresh fruit, from providing ordinary transportation to providing industry solutions and continuing to customized solutions, which has solved the blank of standardization in the field of fresh fruit in the past.

  In the consumption upgrade of online shopping, there are a large number of high-end e-commerce brands and express delivery needs that require high timeliness services, such as fruits and fresh food, and these are the potential customer groups of SF Express Service.

  SF’s powerful "network management and control" ability and aggregated distribution network have solved the product sales for the majority of fruit farmers and made great contributions to increasing production and income. The support of national policies for the logistics industry has also made SF Express’s aging parts have a new growth dividend, and the company’s market share in high-end aging parts may be further enhanced.

Reporting/feedback

Du Xiaohua, another prototype of the film Dear, painted his son and his wife said that she had lived in expectation for ten years.

03:26
Public Network Poster Journalist Wu Junlin Jie Qiangmin Jinan Report
On December 30th, Du Xiaohua, one of the prototypes of the film Dear, his wife and little daughter came to Jinan with the Inner Mongolia police, and asked Lin Yuhui, a simulated portrait expert, to paint his lost son for 10 years. Referring to the appearance of Du Xiaohua and his wife, Lin Yuhui drew Du Houqi’s 17-year-old "appearance" based on the photos of Du Houqi’s childhood and the appearance of Du Houqi’s younger brother.
During the interview, Du Xiaohua specially arranged the T-shirt, so that the photo of his son, missing information and his phone number on the T-shirt appeared completely in front of the camera. Du Xiaohua is a native of Shangrao, Jiangxi. His eldest son is Du Houqi, born in 2005. In 2011, Du Xiaohua took his wife and children to work in Nancun Woodware Cabinet Factory, Dingdu Longgui Village, Qingshan District, Baotou City, Inner Mongolia. On the evening of March 6, Du Houqi disappeared.
Du Xiaohua said that his son had a tiny scar on the upper part of his nose.
"During the day, we agreed between adults that we wanted to take a bath in the street or buy some daily necessities. After dinner, I went from the east factory to the west factory to find my colleagues and see if anyone went. My son followed me from behind and asked me if I wanted to go to the street. I said that it was so cold and windy today, and the boss’s car was not at home, so I couldn’t go. " Du Xiaohua said that before his son came to see him, his wife told him that if he didn’t take a bath in the street, he would go home quickly and boil some water to wipe his body.
"My son learned that I stopped going to the street and went back alone. At this time, I took a phone call and didn’t notice my son going back." Du Xiaohua said that at about 7: 40 that night, his wife asked where his son had gone, and he found that the child was gone. In just 10 minutes, my son disappeared from the aisle seven or eight meters between the east and west factories!
In the panic, workers and villagers helped to find it, and the police also came to investigate, but the son was so "into thin air".
Du Xiaohua said that his son has a great feature. If he cries very sadly, he will have a nosebleed. It was very cold the night he disappeared, and his son had a slight cold. He was worried that if his son was forcibly abducted by traffickers and struggled to cry, he would bleed profusely.
"After the loss of our son, especially on holidays, his birthday and the day of his disappearance, we are extremely sad. We dare not imagine where he is. I don’t know how he is living. I don’t know if he has food or clothes. Will he wander in the street?" In the past ten years, Du Xiaohua has traveled all over the country to find his son, and has been to all provinces except Xizang, Hainan, Hong Kong, Macao and Taiwan. His wife, Jin Nana, does business at home and makes a living.
The most depressed time was from 2015 to 2017, and there was no news from my son, and the clues were pitiful.
Du Xiaohua and his wife turned to Lin Yuhui, a simulated portrait expert, for help.
After the son disappeared, the family advised Du Xiaohua and his wife to have another one. "Otherwise, it will be ruined."
"When I registered my second son, our local department wanted to cancel my eldest son’s account. I have been begging not to cancel it. I said that if my eldest son’s account is cancelled, what will he think of us on the day he comes back? " Du Xiaohua said, "I have been telling my second and third children that if dad really can’t walk, you can help mom and dad get his brother back."
Portrait of Du Houqi
Because Du Xiaohua was on the phone when his son disappeared, his wife always complained about him. "Every time he comes home, I am not happy to see that he came back by himself. Even if he is injured, I feel nothing, as long as I can get my son back. " Jin Nana said that for many years, he has been living in expectation, expecting his son to call suddenly. "My son has no reason not to remember his mother."
Du Xiaohua said that in the old mobile phone, there was a jigsaw puzzle of Mona Lisa. Every time my son put it together, he said that he had put his mother together.
After Sun Haiyang, another prototype of "Difficult Friend" and "Dear", found his son Sun Zhuo, Du Xiaohua followed Sun Haiyang and his son to Hubei and Shandong to seek exposure, hoping to gain clues about his son.
"Recently, there are so many clues on his mobile phone that I can’t see them. I also help him see them. Every clue feels like a hope." Jin Nana said, "I feel very lucky to find children. I hope we can be so lucky."
Du Xiaohua said that he was more and more confident in the "reunion" action carried out by the Ministry of Public Security after Guo Gangtang and Sun Haiyang, the prototype of Lost Orphan, and he was more eager to have his son back.
Lin Yuhui revised Du Houqi’s portrait
Reporting/feedback

The relationship has deteriorated! Japan will restrict the export of high-tech materials to South Korea, and South Korea says it retaliates.

       CCTV News:According to Yonhap News Agency, the Minister of Industry, Trade and Resources of the Republic of Korea, Chang Yunmo No.1, said in Seoul that the South Korean government would file a lawsuit against Japan for restricting the export of semiconductor raw materials to the Republic of Korea, and would take necessary measures to counter it in accordance with the principles of international law and domestic law.

       Chang Yunmo, Minister of Industry, Trade and Resources of Korea, characterized Japan’s export control to Korea as economic retaliation. Cheng Yunmo also said that in order to guard against Japan’s unilateral measures, the South Korean government has been working with relevant industries to diversify the import market and key technologies, and expand domestic production facilities. In the future, we will maintain close communication with the industry, strive to minimize the losses of Korean enterprises, and take this opportunity to enhance the competitiveness of Korean parts, materials and equipment industries.

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       It is understood that the high-tech materials that Japan intends to restrict Japanese enterprises from exporting to South Korea include fluorine-containing polyimides, resists and high-purity hydrogen fluoride. These materials are important raw materials in smart phones, chips and other industries. From July 4th, Japan will require enterprises to apply for permission from the government before exporting the above materials to the ROK, and the approval process will take about 90 days.

       It is reported that the fluorine-containing polyimides and resists manufactured by Japanese companies account for about 90% of the global output and hydrogen fluoride accounts for about 70%, respectively. Once export restrictions are imposed on South Korea, it will impact major Korean electronic products companies such as Samsung Electronics and LG Electronics.

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       According to the Kyodo News Agency quoted the Korea Trade Association, in 2012, South Korea’s semiconductor exports were US$ 50.4 billion, accounting for only about 9% of the total exports, while in 2018 it increased to US$ 126.7 billion, accounting for about 21%. In this regard, some experts said that South Korea’s economic growth is "over-dependent" on the export of Korean semiconductor industry, and Japan’s export restrictions will hit the Korean semiconductor industry and have a huge impact.

       On the 1st, Japan’s Ministry of Economy, Trade and Industry announced that the Japanese government would restrict the export of important high-tech materials to South Korea from July 4th, because it was dissatisfied with South Korea’s demand for Japanese enterprises to compensate South Korean workers forced by Japan during the Second World War. Since last year, Korean courts have successively ruled that three Japanese companies should make compensation for the forced recruitment of Korean workers during World War II. The Japanese government insists that such claims have been "settled" according to the Japan-Korea Claims Agreement signed by the two countries in 1965. The above-mentioned compensation dispute has become one of the main factors for the recent deterioration of relations between the two countries.

Wuhan Development Zone started 9 major projects with a total investment of 15.50 billion yuan

  This batch of projects covers strategic emerging fields such as new energy, next-generation automobiles, robots, and general aviation. The start of the project will strongly promote the transformation and upgrading of Wuhan Development Zone from "one car dominance" to "multi-industry support", and inject new momentum into Wuhan Development Zone to achieve high-quality development and better play the main battlefield and supporting role of the city’s economic development.
  It is understood that in 2017, Wuhan Development Zone (Hannan District) made every effort to promote the "No. 1 Project" of investment promotion, successfully signing 97 projects worth more than 100 million yuan, accounting for about one-fifth of the total signed projects in the city. The number of projects started in that year was 38, the number of investment projects in the world’s top 500 was 20, and the number of investment projects in central enterprises was 15. The three indicators ranked first in the city.
  Project profile
  Xiongtao Hydrogen Fuel Cell Industrial Park Project
  The total investment of Xiongtao Hydrogen Fuel Cell Industrial Park project is 11.50 billion yuan, of which the first phase investment is 1.20 billion yuan. With the help of the layout of listed companies in the hydrogen fuel cell industry, the project is engaged in the development, production, operation and sales of catalysts, proton exchange membranes, electric piles, battery control systems, hydrogen fuel generators, hydrogen storage systems and hydrogen production systems, as well as the construction of hydrogen refueling stations. It is also expected that the project will achieve an annual output value of 35 billion yuan after all the projects are completed.
  易高24万吨生物质综合利用项目
  易高24万吨生物质综合利用项目位于武汉开发区与洪湖市合作共建的新滩经济合作区,项目总投资11亿元,其中一期投资额约4亿元,将新建生物质破碎车间、木质素造粒车间、生物质水解主装置及精馏装置等,可有效解决当地因秸秆还田对农作物造成的影响,减少因秸秆焚烧带来的环境污染、火灾隐患问题。项目建成投产后,将形成年处理24万吨生物质,年生产糠醛2万吨、纤维素8万吨的能力。预计项目全部达产后,每年可实现产值15亿元。
  东风航盛汽车电子电控项目
  东风航盛汽车电子电控项目投资10亿元,由东风航盛(武汉)汽车控制系统有限公司投资建设。项目主要从事整车控制器、电机控制器、发动机控制器、车身电子电控以及Telematics等新能源汽车和传统汽车电子产品的开发、生产、运营和销售。预计项目全部达产后,可实现年产值不少于24亿元,将推进传统汽车向下一代汽车转型升级。
  采埃孚天合扩产项目
  采埃孚天合是全球第二大汽车零部件制造商,该公司总投资5亿元,在现有厂房毗邻的13000平方米厂房上进行扩产,提升现有卡钳、真空助力器制动主缸等汽车零部件产品产能,同时增加生产汽车盘式制动器、真空助力器、安全气囊和安全带等产品线。项目预计2022年完成投资,达产后将实现年销售收入33亿元。
  方德机器人项目
  方德机器人项目由济南方德自动化设备股份有限公司总投资1亿元建设,生产机器人冲压自动化送料系统、机械手冲压自动化送料系统、多工位压力机送料自动化线,以及拆垛机、皮带机、钢板清洗机、钢板涂油机等冲压自动化生产线及自动化辅机产品。预计今年实现销售收入5000万元,2019年项目达产后,实现年业务收入8000万元以上。
  华润湖北威克医疗器械销售项目
  华润湖北威克医疗器械销售项目总投资6亿元,由华润湖北威克医疗器械有限公司投资建设,将主要从事医疗器械批发和零售业务,项目预计2022年实现营业收入近10亿元。
  北斗及卫星应用经营项目
  北斗及卫星应用经营项目总投资5亿元,由武汉光谷北斗控股集团有限公司在武汉开发区通航卫星产业园投资建设。一期主要投资北斗地基增强系统、通航机场地面沉降监测系统、智慧湖泊监管系统、智慧车辆管理系统等9个项目,建设并投入运营后,预计实现年销售收入5000万元;二期主要投资项目涵盖北斗及卫星的研发、制造、销售、工程及应用等全产业链,并将投资兴建技术联合研究中心、中外联合实验室、技术工程应用研究中心、技术终端产品制造中心、技术终端产品及工程应用销售中心等。
  博胜航空运动培训及通航运营项目
  博胜航空运动培训及通航运营项目总投资1亿元,项目主要从事国际航联超轻型运动飞机飞行执照培训、超轻型飞机飞行驾照培训、私人航空飞行器托管、泰国境内公务机包机飞行、一站式航空旅游服务。项目全面投入生产运营后,将实现年销售收入2000万元。
  华盟跨境电商(中国总部)项目
  华盟跨境电商(中国总部)项目总投资1亿元,由英国华盟公司投资建设。项目将在武汉出口加工区建设中国总部,负责中国区市场的整体运营。项目包括管理中心、结算中心及综合业务基地,全面开展跨境电商、进出口贸易、物流仓储、外贸综合服务、保税展示交易等业务。预计2018年度完成进出口额约3亿元人民币。

Looking forward to 2024, the MSCI emerging market stock index rose by 7.1% last year. Which markets are expected to perform better this year?

In 2023, the overall performance of emerging market stock markets was good. The MSCI Emerging Markets Index rose by 7% in 2023 and fell by 18% in 2022. In terms of major stock indexes in various countries, Brazil’s IBOV index rose by 22%, Argentina’s MERVAL index rose by 360%, Mexico’s composite index rose by 18%, India’s Nifty index rose by 20%, and South Korea’s KOSPI index rose by 19%.

Some emerging market stocks fell. Among them, KLSE in Kuala Lumpur, Malaysia fell by 2.97%, SETI in Thailand by 14.1%, FTSE Abu Dhabi by 6.2% and Manila by 1.8%. In China stock market, as of the close of December 29th, 2023, the Shanghai Composite Index reported 2,974.93 points, down 3.70% for the whole year, and the Shenzhen Component Index fell 13.54% for the whole year. The Beizheng 50 Index achieved an annual contrarian increase of 14.92%.

Wang Youxin, a senior researcher at China Banking Research Institute, said in an interview with 21st century business herald that in 2023, the stock markets in emerging markets mainly benefited from the following factors: on the one hand, the interest rate hike cycle of European and American central banks gradually came to an end, especially in the fourth quarter of 2023, European and American central banks gradually suspended interest rate hikes, the international liquidity environment gradually eased, and cross-border capital flowed into emerging markets again. On the other hand, in 2023, the trend of developed and emerging market economies gradually diverged, and the GDP growth rate of developed economies dropped significantly, while the overall growth rate of emerging economies remained relatively stable, attracting cross-border capital inflows.

From the perspective of countries, the stock markets of India, Brazil and Mexico performed relatively well. Wang Youxin said that this is mainly related to the relatively good economic recovery situation in various countries. Specifically, India’s economy has maintained a relatively high growth, and it is gradually becoming a hot spot for the transfer of industrial chains in Europe and the United States. Cross-border capital inflows have increased, pushing the stock market up. The Brazilian government actively promotes economic reform and strengthens international trade and cooperation in emerging markets. Under the background of global economic downturn, its economic growth is higher than expected. Driven by the US-Mexico Free Trade Agreement, Mexico has gradually become an important springboard for the return of the US industrial chain and the entry of enterprises in the Asia-Pacific region into the American market, attracting increasing international investment, while maintaining a high economic growth rate and improving the stock market return rate.

Looking ahead, Ricardo Adrogue, head of global sovereign debt and currency group of Bahrain LLC, said that anti-inflation, economic growth and US monetary policy will remain the key themes affecting emerging markets in 2024.

According to Wu Zhaoyin, director of macro strategy of AVIC Trust Co., Ltd., the current inflation level in the United States and the world is still very high, and there is little room for the Federal Reserve to cut interest rates in 2024. The United States has a high probability of maintaining high interest rates for a long time, which has a greater lethality to the global economy. He told 21st century business herald that the global economy will go down in 2024, which is not friendly to the global stock market. Especially in emerging market countries (such as India, Mexico and other countries), the economic fluctuations are relatively large, and the economic growth rate in 2024 will be under greater pressure of correction, and their stock markets will also face certain risks.

Jason Xavier, head of capital markets of Franklin Templeton)EMEA ETF, predicted that the Indian stock market would perform well in 2023, citing its "demographic advantage". Xavier is also optimistic about Taiwan, China, South Korea and other emerging markets with technological industry advantages, believing that these markets have the ability to benefit from the global artificial intelligence boom.

Wang Xinjie, chief investment strategist of Standard Chartered China Wealth Management Department, told 21st century business herald: "Judging from the historical performance of major European and American central banks after suspending interest rate hikes in the past, the average performance of emerging markets is good. We are optimistic about global stocks and expect the performance of emerging markets, but the risk points are also very clear. If the interest rate cuts in European and American markets are expected to cool down, it will greatly affect the performance of emerging markets."

Performance differentiation of emerging market stock markets in 2023

In 2023, only 19 of the 100 common stock market indexes in the world fell, with a median return of 13%.

According to Liu Xinyu, a macro analyst of Guosheng Securities, the basic feature of global stock market in 2023 is a general increase, and emerging markets are not "outstanding". By horizontal comparison, the overall stock market performance of emerging markets has not outperformed developed markets such as US stocks and European stocks. He told 21st century business herald that there are three main reasons for supporting the global stock market: First, developed economies such as the United States and Europe have not experienced economic recession as expected by the market at the end of 2022, and economic resilience supports the stock market’s profitability; Second, the world’s major central banks have slowed down the pace of raising interest rates and gradually stopped raising interest rates, and global liquidity began to turn marginal to easing; Third, the AI investment boom has driven the market in developed markets to rise, and formed a risk preference resonance on a global scale.

Wang Xinjie told 21st century business herald that emerging markets performed brilliantly in 2023, mainly because inflation peaked in major countries such as Europe and America and the change of monetary policy caliber. Especially in November 2023, after the European and American central banks suspended interest rate hikes and the caliber was biased, it caused a surge in emerging markets.

It should be noted that the stock market performance in different emerging markets is obviously differentiated. Among them, Brazil, Argentina, South Korea, Taiwan, China, India and other emerging markets have increased greatly, while the emerging markets with small or even falling stock markets are mainly concentrated in Southeast Asian countries.

In this regard, Liu Xinyu analyzed that the industrial structures of India, South Korea and Taiwan, China are more in line with the current AI technology revolution. India’s strong economic performance has also attracted a large number of foreign capital inflows, while Brazil and Argentina are more due to a series of reforms and economic stimulus policies implemented by their governments. The economies of Vietnam, Thailand, Indonesia, the Philippines and other countries are highly dependent on exports. In 2023, the global economic slowdown led to a significant decline in exports of these countries, which put pressure on stock market earnings.

Prospect of emerging market stock market in 2024

In 2024, whether the Federal Reserve will cut interest rates sharply as investors currently expect is one of the main factors affecting global stock markets. The Fed has signaled that its monetary policy rate hike cycle may end. In essence, lower interest rates attract less capital, which means less demand for dollars, which leads to potential weakness.

Liu Xinyu told 21st century business herald that considering the global economy, the monetary policy prospects of major global central banks and the downward trend of the US dollar index, it is expected that most emerging market stock markets will continue to rise in 2024.

Wang Youxin also pointed out that emerging market stock markets are expected to maintain good performance in 2024. On the one hand, from the perspective of the international liquidity environment, European and American central banks may enter the interest rate cut cycle again, and the global liquidity tightening situation will be significantly eased, which will promote the global and emerging market stock markets to rebound further. On the other hand, with the trade of export-oriented economies in the Asia-Pacific region stabilizing, the BRICS mechanism formally expanding, South-South cooperation continuing to deepen, economic diversification and investment in new energy in the Middle East increasing, the GDP growth rate of emerging economies will increase in 2024, which will attract accelerated inflows of cross-border capital. In particular, Brazil, Mexico, Asia-Pacific emerging economies, the Middle East, Central and Eastern Europe and other regions will become key areas for cross-border capital inflows.

Wang Xinjie holds a neutral view on Asian (excluding Japan) stocks. He pointed out that on the positive side, Asia (excluding Japan) has the highest 12-month forward earnings per share growth among major markets. The differences in monetary policy between emerging markets and developed markets, coupled with the possible weakness of the US dollar next year, may be conducive to capital inflows. However, there are also some unfavorable factors, including global economic slowdown and depressed investor sentiment, which may put pressure on the market in 2024.

In Asia (excluding Japan), Wang Xinjie suggested over-matching Korean stocks. "This reflects our expectation that the improvement of the semiconductor industry will lead to a rebound in profit growth next year. Since the second quarter of 2023, the valuation of the Korean stock market has fallen sharply, providing investors with a more attractive entry point. " He said.

Liu Xinyu believes that the global economy is expected to stabilize in 2024, which means that the exports of Southeast Asian countries such as Vietnam are also expected to stabilize. Considering the poor performance of their stock markets in 2023, there will be more room for subsequent rebound.

Wu Zhaoyin pointed out that in 2024, China’s stock market has a strong ability to resist risks. "Relatively speaking, the valuation of China’s stock market is relatively low, and the securitization rate of China is only 60%. It is in a low valuation depression in the global capital market, and there is much room for improvement. Moreover, the RMB exchange rate and the inflation level in China are relatively stable and are less affected by the international market. "

Indian stock market is highly valued.

Indian stock market is a bright spot in emerging markets. The MSCI India Index has increased by 46.01% (in US dollars) in the past three years. In the same period, in terms of weight, India is the best performing country among the seven emerging markets of MSCI.

Looking forward to the market outlook, Liu Xinyu believes that under the background of global liquidity turning loose, the growth style is likely to continue to dominate, the AI concept will still maintain a high investment enthusiasm, and India’s industrial structure determines that its stock market will benefit.

Wang Xinjie holds a neutral view on Indian stocks, preferring large-cap stocks to small and medium-sized stocks. However, in both absolute and relative terms, its valuation (12-month forward price-earnings ratio is 21.3 times) is still high.

Wu Zhaoyin told the 21st century business herald that the Indian stock index has increased greatly in the past few years, and the market value of the stock market has also increased a lot in dollar terms, which implies that there is a certain bubble in the Indian stock market. At present, the securitization rate of India’s stock market (stock market value /GDP) has exceeded 100%, which indicates that the country’s stock market has certain risks.

The netizen ran into Lei Jiayin Couples Park for a walk in the morning, and the two of them traveled very quietly.

On May 19th, some netizens took photos of Lei Jiayin and his wife walking in a park in Yangzhou.

Lei Jiayin and his wife, Zhai Xufei, were traveling without makeup in sportswear and taking a leisurely walk in the park with coffee in their hands.

Although Zhai Xufei didn’t dress up specially, she has outstanding temperament and good posture.

The two were very low-key, and there was no communication during the walk.

Zhai Xufei and Lei Jiayin used to be classmates in the drama. She looks sweet and gentle, and Lei Jiayin, who grew up in the northeast, didn’t get along very well at first. But fate is always wonderful, and the two of them became partners in practice together under the arrangement of the teacher. Because they always play lovers on the stage, even the instructors in the play wear CP filters when they look at them, and Lei Jiayin and Zhai Xufei naturally come together.

Zhai Xufei is a low-key person. Since Lei Jiayin became popular, she gradually faded out of the entertainment circle and took care of her family wholeheartedly, becoming the "woman behind" Lei Jiayin.

The key choice in the new era: a major strategic task related to China’s overall development

  During the National Day holiday, the tourists in the scenic spot are like weaving, and the business of merchants is booming, showing the great potential of China’s super-large-scale market; At the port and dock, huge ships shuttle back and forth, and the bridge crane operation is busy, which shows China’s firm determination to build a new open economic system at a higher level — — Today’s China is speeding up on the road of building a new development pattern.

  Standing at the historical intersection of the goal of "two hundred years", the CPC Central Committee with the supreme leader as the core has made overall plans for the great rejuvenation strategy of the Chinese nation and the unprecedented changes in the world in the past century, made a major strategic decision to accelerate the construction of a new development pattern, and made clear the path choice of China’s economic modernization, which is of great and far-reaching significance for promoting China’s high-quality development and promoting world economic prosperity.

  This is a strategic choice to keep pace with the times and improve the level of China’s economic development, as well as to shape China’s new advantages in international economic cooperation and competition.

  It requires extraordinary strategic determination, superb strategic thinking and scientific strategic decision-making to raise the flag and steer the ship. General Secretary of the Supreme Leader personally planned, deployed and promoted, and a magnificent picture of accelerating the construction of a new development pattern is being fully rolled out in China, leading China’s economy to stride forward on a new journey.

  Strive to take the lead in the crisis and start a new game in the changing situation.

  On January 11 this year, the Central Party School (National School of Administration). General Secretary of the Supreme Leader gave the "First Lesson of Opening the Year" to more than 190 students from various provinces, autonomous regions and municipalities, Xinjiang Production and Construction Corps, relevant departments of central and state organs, relevant people’s organizations, major military units and various departments of the Central Military Commission.

  General Secretary of the Supreme Leader profoundly pointed out: "It is ‘ Fourteenth Five-Year Plan ’ Planning a major strategic task proposed in the "Proposal" that is related to China’s overall development needs to be accurately grasped and actively promoted from the overall situation. "

  The strategic issue is the fundamental issue of a political party and a country. The General Secretary of the Supreme Leader emphasized: "Accelerating the construction of a new development pattern is a strategic measure for us to grasp the initiative of future development, to enhance our viability, competitiveness, development and persistence in all kinds of foreseeable and unpredictable storms, and it is a tough battle and a protracted war that needs to maintain tenacious fighting spirit and strategic strength. We should consciously incorporate the work of our local departments into the construction of a new development pattern, make overall consideration and planning, and take more firm ideological consciousness, precise and pragmatic measures, and really get down to work."

  The clock was turned back to the beginning of 2020, and a once-in-a-century epidemic hit hard. At that time, China’s economy was in the key period of changing the development mode, optimizing the economic structure, and transforming the growth momentum. The economic development prospects were improving, but it was also faced with difficulties and challenges brought about by the interweaving of structural, institutional and cyclical problems. In addition, the economic operation was under great pressure due to the impact of the epidemic.

  In the unprecedented historical examination, as a developing country with a population of more than 1.4 billion, it is faced with multiple tasks and difficult choices. General Secretary of the Supreme Leader firmly pointed out: "We must persist in analyzing the current economic situation with a comprehensive, dialectical and long-term perspective, and strive to cultivate new opportunities in the crisis and open up new opportunities in the changing situation."

  Insight into the time and situation, grasp the danger and opportunity. On April 10, 2020, at the seventh meeting of the Central Financial and Economic Committee, the General Secretary of the Supreme Leader delivered an important speech on the topic of "Several Major Issues of the National Medium-and Long-term Economic and Social Development Strategy", and put forward the important idea of building a new development pattern for the first time.

  This is a profound grasp of the great change that has never happened in the world in a century: "The world today is experiencing a great change that has never happened in a century. The global epidemic of COVID-19 epidemic has accelerated the evolution of this great change, economic globalization has encountered countercurrent, protectionism and unilateralism have risen, the world economy has been in a downturn, international trade and investment have shrunk dramatically, the international economy, science and technology, culture, security and politics have all undergone profound adjustments, and the world has entered a period of turbulent change."

  This is the overall planning of the great rejuvenation strategy of the Chinese nation: "China is in a critical period to realize the great rejuvenation of the Chinese nation, and the economy has shifted from a high-speed growth stage to a high-quality development stage. The main contradictions in our society have changed, the people’s demands for a better life have been continuously improved, the economy has been improving for a long time, the market space is vast, and the development resilience is strong. A new development pattern is being formed with the domestic big cycle as the main body and the domestic and international double cycles promoting each other. "

  Look at the general trend and seek the overall situation. Focusing on accelerating the construction of a new development pattern, General Secretary of the Supreme Leader delivered a series of important speeches and made a series of important instructions.

  The two national conferences in 2020 were successfully held in the eyes of the public. When visiting the economic members of the CPPCC, General Secretary of the Supreme Leader pointed out, "Facing the future, we should take meeting domestic demand as the starting point and the end result of development, and speed up the construction of a complete domestic demand system" and "gradually form a new development pattern with the domestic macro-cycle as the main body and the domestic and international dual cycles promoting each other, and cultivate new advantages for China to participate in international cooperation and competition under the new situation".

  In September 2020, General Secretary of the Supreme Leader pointed out at the symposium of grassroots representatives: "We should scientifically analyze the situation, grasp the general trend of development, adhere to the general tone of striving for progress while maintaining stability, adhere to the new development concept, make overall plans for development and security, and accelerate the formation of a new development pattern with the domestic big cycle as the main body and the domestic and international double cycles promoting each other."

  In October 2020, General Secretary of the Supreme Leader stressed during his inspection tour in Guangdong: "In the face of the unprecedented changes in the world and the profound and complicated changes in the development environment at home and abroad, we should take a higher level of self-reliance, implement a higher level of reform and opening up, and accelerate the construction of a new development pattern with the domestic big cycle as the main body and the domestic and international double cycles promoting each other."

  … … … …

  One far-sighted judgment, one decision after another to assess the situation, and one sentence of hit the floor’s words condense the profound insight and accurate grasp of the overall development of the leaders of big parties and powers.

  The autumn wind is cool and the fruits are fragrant. From October 26th to 29th, 2020, the Fifth Plenary Session of the 19th Central Committee of communist party, China was held in Beijing. "Speeding up the construction of a new development pattern with the domestic macro-cycle as the main body and the domestic and international dual-cycle promoting each other" was written in the Central Committee of the Communist Party of China’s Proposal on Formulating the 14th Five-year Plan for National Economic and Social Development and the Long-term Target for 2035.

  General Secretary of the Supreme Leader pointed out: "In recent years, with the changes in the global political and economic environment, the trend of anti-globalization has intensified, and some countries have engaged in unilateralism and protectionism, and the traditional international cycle has obviously weakened. In this case, we must put our development foothold at home and rely more on the domestic market to achieve economic development. China has a population of 1.4 billion, and its per capita GDP has exceeded 10,000 US dollars. It is the largest and most potential consumer market in the world, with huge room for growth. Since the reform and opening up, we have encountered many external risk shocks, and ultimately we can save the day, relying on doing our own thing well and putting our development foothold at home. "

  If you follow the path, you can achieve far-reaching goals. Accelerating the construction of a new development pattern is an initiative, not a passive response. It is a long-term strategy, not an expedient measure. It fully embodies the overall planning of the "two overall situations" by the CPC Central Committee with the Supreme Leader as the core, and the correct grasp and practical application of the objective laws of economic development, which has become the only way to promote China’s economic modernization and the first move to grasp the initiative of development.

  The development of the new era and new stage must implement the new development concept and must be high-quality development.

  "Based on the new development stage, implementing the new development concept, building a new development pattern and promoting high-quality development are the tasks that the whole party and the whole country must pay close attention to at present and in the future." Accelerate the construction of a new development pattern, and the General Secretary of the Supreme Leader is always awake at night, thinking about it — —

  Jiangsu, Anhui, Fujian, Hunan, Guangdong, Guangxi, Guizhou, Xizang, Shaanxi, Qinghai … … The General Secretary of the Supreme Leader’s inspection footprint spans the north and south of the river, and he has made a series of important arrangements for accelerating the construction of a new development pattern by going to the grassroots level, seeing enterprises, entering the fields and visiting farmers.

  From Politburo meeting of the Chinese Communist Party to the meeting of the Central Committee for Deep Reform, from the fifth plenary session of the 19th CPC Central Committee to the fourth session of the 13th National People’s Congress, the "14th Five-Year Plan" and the outline of the long-term goal in 2035 … … The CPC Central Committee with the Supreme Leader as the core has comprehensively promoted the major strategic task of accelerating the construction of a new development pattern.

  Entering the new development stage has defined the historical position of China’s development, and we must scientifically grasp the new development stage to build a new development pattern. General Secretary of the Supreme Leader pointed out: "Entering the new stage of development, profound changes in the domestic and international environment have brought a series of new opportunities as well as a series of new challenges, which are the coexistence of crises, the organic nature of crises and the turning point of crises."

  "Smart brain" unified scheduling, one production line ran out of the acceleration … … In Chaozhou Sanhuan (Group) Co., Ltd., a piece of ceramic refraction technology was upgraded. In October 2020, General Secretary of the Supreme Leader visited the company.

  "We propose to accelerate the formation of a new development pattern with the domestic big cycle as the main body and the domestic and international double cycles promoting each other. I hope that everyone can deeply understand the strategic intention of the CPC Central Committee, find their own position in the big strategic pattern, and make their own contributions to the country’s prosperity and socialist modernization." General Secretary of the Supreme Leader stressed.

  "The important speech of the General Secretary has made us fully aware of the new opportunities and challenges in the new stage of development. To seize the opportunities and meet the challenges, we must speed up the construction of a new development pattern and take a higher level of self-reliance." According to the relevant person in charge of Sanhuan Group, independent innovation has made enterprises taste the sweetness. In the first half of this year, the group’s revenue increased by 74.37% year-on-year.

  "Accurately recognize change, scientifically respond, actively seek change, be brave in sailing against the wind, and be good at turning crisis into opportunity". Facing the new stage and task of China’s development, the Supreme Leader General Secretary issued a call to accelerate the construction of a new development pattern — — On November 12, 2020, at the celebration meeting of the 30th anniversary of Pudong’s development and opening up, General Secretary of the Supreme Leader pointed out that Shanghai should "scientifically grasp the new development stage, resolutely implement the new development concept, serve and build a new development pattern, adhere to the general tone of striving for progress while maintaining stability, and be brave in picking the heaviest burden and gnawing at the hardest bones"; In November, 2020, when he visited Jiangsu, General Secretary of the Supreme Leader emphasized that Jiangsu should "strive to be a model in serving the whole country to build a new development pattern and take the lead in realizing socialist modernization" … …

  Implementing the new development concept has clarified the guiding principles of China’s modernization drive, and we must unswervingly implement the new development concept to build a new development pattern. General Secretary of the Supreme Leader stressed: "Whether the development concept is right or not fundamentally determines the development effectiveness and even success or failure." "The new development concept is a whole, which must be understood and implemented completely, accurately and comprehensively, and strive to serve and integrate into the new development pattern."

  The Yangtze River flows endlessly, and in the Nantong section of Jiangsu Province, the Chengjiang River seems to be practicing, and the grass is green. On the afternoon of November 12, 2020, General Secretary of the Supreme Leader came to the Yangtze River and made an on-the-spot inspection in Binjiang District, Wushan District, Nantong City, Jiangsu Province.

  "The General Secretary attaches great importance to the construction of ecological civilization. Under the guidance of the new development concept, we should do our best to protect ‘ Mother River ’ 。” Cheng Bin, director of the management office of Langshan Tourism Resort in Nantong City, remembers the scene of the day vividly.

  From the Yangtze River to the Jiuqu Yellow River, from the vast fields to the factory workshops, all regions and departments unswervingly implement the new development concept of innovation, coordination, green, openness and sharing, and show greater achievements in service and integration into the new development pattern.

  Promoting high-quality development is the theme of economic and social development during the 14 th Five-Year Plan period. To build a new development pattern, we must promote high-quality development. The General Secretary of the Supreme Leader pointed out: "It must be emphasized that the development of the new era and new stage must implement the new development concept and must be high-quality development."

  Entrepreneurs are an important subject of economic activities. On July 21, 2020, General Secretary of the Supreme Leader emphasized at the entrepreneurs’ forum: "Entrepreneurs must constantly improve themselves in patriotism, innovation, honesty, social responsibility and international vision, and strive to become a new force in building a new development pattern, building a modern economic system and promoting high-quality development in the new era."

  "The enthusiasm of the General Secretary has become a powerful driving force for us to strive for high-quality development. In the process of building a new development pattern, enterprises must achieve a high level of self-reliance." After listening to the important speech of the General Secretary at the forum, Ning Gaoning, chairman of China Sinochem, was filled with emotion.

  Take the first step and see a new atmosphere.

  Xiong’an new area, the "city of the future", is growing at jointing stage; Shanghai Pudong, Zhangjiang High-tech Park, vibrant generate; Shenzhen Special Economic Zone, the construction of the first demonstration zone has been fully rolled out and advanced in depth … …

  Take the first step and see a new atmosphere. In the first year of the 14 th Five-Year Plan, all regions and departments actively explored and took the initiative to take solid steps to build a new development pattern.

  The key to building a new development pattern lies in the unimpeded economic cycle. General Secretary of the Supreme Leader stressed: "We must persist in deepening the supply-side structural reform and continue to complete ‘ Three go, one drop and one supplement ’ The important task is to comprehensively optimize and upgrade the industrial structure, enhance innovation capability, competitiveness and comprehensive strength, enhance the toughness of the supply system, form a more efficient and higher quality input-output relationship, and achieve a dynamic balance of the economy at a high level. "

  The maximum mileage exceeds 1000 kilometers, and the acceleration is as fast as 2.9 seconds … … In September, BYD officially released the pure electric platform "E Platform 3.0". "With the continuous advancement of supply-side structural reforms, product technology and quality are greatly improved." The relevant person in charge of BYD Group said.

  The "14th Five-Year Plan" started, and all localities and departments concentrated their efforts on deepening the structural reform of the supply side, opening up the domestic large-scale circulation and domestic and international double-cycle blockage points, providing sustained impetus for economic development.

  The most essential feature of building a new development pattern is to achieve a high level of self-reliance. General Secretary of the Supreme Leader pointed out: "We must put more emphasis on independent innovation, comprehensively strengthen the deployment of scientific and technological innovation, pool superior resources, and vigorously and orderly promote innovation research ‘ Reveal the list ’ Institutional mechanisms to strengthen the docking between innovation chain and the industrial chain. "

  In the "smart workshop" of Shanhe Intelligent Equipment Co., Ltd., intelligent equipment such as automatic tightening machine and underframe turnover machine have shown their talents, and the production time of excavators has been reduced from 70 minutes to about 30 minutes.

  "With the increasing instability and uncertainty in today’s world, we must build a new development pattern and build a manufacturing power. The key core technologies must be firmly in our own hands, and the manufacturing industry must also be in our own hands." On the afternoon of September 17th, 2020, General Secretary of the Supreme Leader came to the company’s production workshop to inspect the equipment manufacturing process, understand the technology research and development, manufacturing and express his appreciation for their innovative spirit.

  "We remember General Secretary ‘ Key core technologies must be firmly in our own hands ’ The important instructions have overcome a series of technical problems. " He Qinghua, chairman of the company, said.

  Innovation is the first driving force for development. In the first three quarters, the added value of high-tech manufacturing and equipment manufacturing above designated size increased by 20.1% and 16.2% respectively, which was 8.3 and 4.4 percentage points higher than that of all industries above designated size.

  To accelerate the construction of a new development pattern, we must firmly grasp the strategic basis of expanding domestic demand. General Secretary of the Supreme Leader stressed: "To build a new development pattern, we must adhere to the strategic basis of expanding domestic demand, so that production, distribution, circulation and consumption rely more on the domestic market and form a virtuous circle of the national economy."

  This National Day holiday, Sanya International Duty Free City is very lively. "Thanks to the continuous improvement of measures to expand domestic demand, China has ushered in new important opportunities." According to the relevant person in charge of China Free Group, in the first half of this year, the operating income of Sanya International Duty Free City increased by about 210.01% year-on-year.

  Since the beginning of this year, various regions and departments have taken various measures to unswervingly promote consumption and stabilize investment. The contribution rate of domestic demand to economic growth in the first half of the year reached 80.9%.

  The new development pattern is by no means a closed domestic cycle, but an open domestic and international dual cycle. The General Secretary of the Supreme Leader pointed out: "It is necessary to shape China’s new advantages in participating in international cooperation and competition, attach importance to improving the efficiency and level of domestic large-scale circulation with international circulation, improve the quality and allocation level of China’s production factors, and promote China’s industrial transformation and upgrading."

  In mid-October this year, the ORIX viaduct gantry machining center brought by Spanish Nicolas crea Group has arrived in Shanghai Port and will be unveiled at the 4th China International Import Expo(CIIE). "Our sales in China increased from 200 million yuan in 2018 to 600 million yuan this year." Che Hangbiao, sales director of Group (Asia) Company, told the reporter.

  The negative list of cross-border service trade in Hainan Free Trade Port was issued, giving the Pilot Free Trade Zone greater reform autonomy in trade and investment facilitation … … Opening the door wider and wider will not only promote China’s sustained and stable economic recovery, but also inject new momentum into global economic recovery and growth.

  "The fundamentals of China’s stable and long-term economic development have not changed. We will scientifically grasp the new stage of development, firmly implement the new development concept, and actively build a new development pattern. " On the new journey, we should unite more closely around the CPC Central Committee with the supreme leader as the core, accurately grasp and actively promote the major strategic task of accelerating the construction of a new development pattern, and create a new and greater miracle that will impress the world!

Zero Run wants to replicate the success of LI in the market below 200,000 yuan.

With an annual sales volume of 376,000 vehicles and an annual revenue of more than 100 billion yuan, LI is firmly in the first place in the new force of car-making in 2023. Its imitator, Zero Run Auto, tried to segment the market under 200,000 yuan dominated by BYD and copied it successfully with the same strategy.

On March 2nd, Zero Run released the first global model C10, with a starting price of 128,800 yuan. This product is as close as possible to LI L series models from the interior design to the announcement and tone setting. At the press conference, Zero Run called this car "a more ideal home for young people".

Zhu Jiangming, CEO of Zero Run Auto, said in an interview with interface news and other media that every detail of Zero Run C10 is like the ideal L7 learning, and we can understand its subtleties such as grasping the user’s needs, the comfort of control and the display mode of the car.

Learning the experience of successful people can avoid some "traps" that are difficult to notice when developing products. Especially in the passenger car market with BYD’s pricing power of less than 200,000 yuan, the zero-running car facing the competition needs to provide products without obvious shortcomings and prices that attract users’ attention in order to win more market share.

The zero-run C10 is a medium-sized SUV, but the price of the entry-level and top-mounted models is lower than that of the compact SUV BYD Song PLUS DM-i by 1000 yuan. Zhu Jiangming believes that the zero run C10 at least targets BYD Tang, who is also a medium-sized SUV. The latter starts at 179,800 yuan.

This new car is also equipped with Qualcomm 8295 intelligent cabin chip, NVIDIA Orin X intelligent driving chip and laser radar, and the above hardware is generally equipped with products of more than 200,000 yuan.

By providing products with larger space size and higher configuration, but setting the price of lower-level models, the zero-run car has shaped the "cost-effective" label to the outside world.

However, the risk of the practice of "high allocation and low price" is that it is difficult for the company to obtain a better profit level, and it is necessary to form a large-scale sales volume to share the cost. In the third quarter of 2023, the net loss of zero-running cars was about 986 million yuan, and the free cash flow was still negative.

Another way to reduce costs is to rely on technological innovation. Zhu Jiangming revealed that the pallet materials and completely modular design adopted by the CTC battery chassis integration technology developed by Zero Run Automobile can move the cost space of about 1,500 to 2,000 yuan. In addition, the technical scheme of global self-research of core components can also give zero-run cars a stronger voice in bargaining with suppliers.

Zero-run cars will also adjust sales channels, add 4S shop service centers, and reduce and eliminate supermarkets with poor benefits. New forces such as Krypton and Xpeng Motors are doing the same channel optimization, which can not only reach a wide range of sinking users, but also reduce the cost of building stores.

In addition to the C10, the models on sale of the zero-run car include the medium and large-sized car C01, the medium and large-sized SUV C11 and the mini-car T03. These three models have ushered in a change at the same time and the price has been lowered compared with before, ranging from 4,000 to 10,000 yuan.

Zhu Jiangming expects that this year’s sales ranking of zero-running cars will be at least one more among the new forces of car-making. In 2023, the annual sales volume of zero-run cars was 144,000, ranking third behind LI and Weilai cars.

BYD is one of the key factors that affect the achievement of the goal. Last year, this new energy vehicle sales champion with an annual sales volume of 300 vehicles maintained a gross profit margin of more than 20% for many quarters, which means that it has more room to reduce costs and fight price wars.

Changan Deep Blue and Geely Galaxy, which are backed by traditional factories, are aiming at the same market segment, and they have sufficient price reduction power and financial support to compete with zero-run cars for market share.

Overseas markets may provide some sales support. In the third quarter of this year, C10 and T03 will be exported to Europe one after another. Zhu Jiangming revealed that this year, Zero Car will develop more than 200 overseas sales outlets and achieve sales of 6,000 to 10,000 vehicles. Overseas models of retail cars will still be produced in China and shipped to Europe.

The "Provisions on Administrative Punishment for Price Violations" is welcome to be revised, which is of great significance to curb the killing of big data.

  On July 2, the State Administration of Market Supervision promulgated the Provisions on Administrative Punishment for Price Violations (Revised Draft for Comment) (hereinafter referred to as the "Provisions") for public comments.

  The Paper reporter noted that the Provisions on Administrative Punishment for Price Violations was approved by the State Council on July 10th, 1999, and was revised three times in 2006, 2008 and 2010. Compared with the previous version, the highlight of this revised draft for comments is the addition of "price violations in new formats".

  It is mentioned in this clause that in any of the following circumstances, a warning shall be given and the total sales of the previous year may be fined 1‰ The above 5 & permit; The following fines, illegal income, confiscate the illegal income; If the circumstances are serious, it shall be ordered to suspend business for rectification or revoke its business license.

  These situations include: e-commerce platform operators use big data analysis, algorithms and other technical means to set different prices for the same goods or services under the same trading conditions based on the preferences and trading habits of consumers or other operators and factors other than cost or legitimate marketing strategies. Commonly known as "big data killing."

  In addition, the price violations specified in this clause also include the dumping of e-commerce platform operators who do not have a dominant market position at a price lower than the cost through subsidies and other forms in order to crowd out competitors or monopolize the market, disrupting the normal production and operation order and harming the national interests or the legitimate rights and interests of other operators.

  Chen Wenming, a lawyer of Zhejiang Xiaode Law Firm, told The Paper that the Regulations on Administrative Penalties for Price Violations revised by the State Administration of Markets is to meet the needs of the economic development of the times, especially the economic development of Internet e-commerce.

  Multi-level laws and regulations regulate the killing of big data, with a total sales volume of 5‰ Fines and suspension of business for rectification have great deterrent power.

  At present, many laws and regulations have been promulgated to restrict the killing of big data, including the E-commerce Law, the Anti-monopoly Law and the Price Law. Different laws differ in punishment intensity, regulation scope and treatment cycle.

  Compared with the fine imposed by the E-Commerce Law, the Provisions on Administrative Penalties for Price Violations is relatively more deterrent.

  The first paragraph of Article 18 of the E-Commerce Law, which was officially implemented in January 2019, stipulates: "If an e-commerce operator provides search results of goods or services to consumers according to their hobbies, consumption habits and other characteristics, it should also provide the consumers with options that are not specific to their personal characteristics, and respect and equally protect the legitimate rights and interests of consumers."

  The "Electronic Commerce Law" imposes a maximum penalty of 500,000 yuan for violating this clause. However, the punishment standard for killing illegal big data in the Draft of Provisions is completely different, and it is proposed that the total sales of the previous year should be 1‰ The above 5 & permit; The following fine punishment measures, if the circumstances are serious, may even be ordered to suspend business for rectification, or revoke the business license.

  Liang Zheng, a professor at the School of Public Administration of Tsinghua University and secretary-general of the Academic Committee of the Tsinghua University Research Center for Science and Technology Development and Governance, told the The Paper that the usual punishment for price violations is to confiscate the illegal income or impose a fine several times the illegal income, and impose a 1 & permit; The above 5 & permit; The following fines are severe, with a strong punitive nature and a greater deterrent to enterprises.

  However, Liang Zheng believes that this penalty clause needs to be further clarified. For example, whether the total sales in the previous year refers to the previous year when the illegal act was implemented or the previous year when the regulatory agency initiated the investigation; Total sales refers to the total sales of the enterprise or the sales of the business or products involved in the illegal act.

  Liu Xu, a special researcher of Tsinghua University National Institute of Strategic Studies, expressed support for "suspending business for rectification and revoking marketing license". "For some platform companies, it is willing to spend hundreds of millions and billions to burn money. He doesn’t care about the millions of fines or tens of millions of fines, or even hundreds of millions of fines, because he can refinance." Liu Xu said, "So for such companies, the best way is to stop, or suspend business for rectification, or let it completely withdraw from this market."

  Compared with the lengthy enforcement cycle of the Anti-Monopoly Law, the Provisions on Administrative Punishment for Price Violations is more convenient in law enforcement.

  The clause in the Anti-Monopoly Law related to big data killing is Article 17, paragraph 6, which stipulates that "without justifiable reasons, different treatment is given to counterparties with the same conditions on trading conditions such as trading price", which constitutes an abuse of market dominance and should be prohibited. "The subject to which this clause refers is" an operator with a dominant market position ". This time, the "Regulations" will expand the main body to e-commerce platform operators.

  In addition to the expansion of the scope of application of the Regulations, Liu Xu also believes that the Anti-Monopoly Law has a long enforcement period and is difficult to prove. "From the perspective of price enforcement, the current Regulations are relatively simple and should be more convenient to implement. This is a positive place."

  It is difficult to prove that big data is cooked. What else needs to be done besides laws and regulations?

  The dimension of laws and regulations has clarified the crackdown and punishment on big data killing, and the dimension of daily supervision is also making efforts to solve the problem of difficult evidence collection for big data killing.

  Chen Wenming, a lawyer of Zhejiang Xiaode Law Firm, pointed out that the difficulty of big data supervision in the past was how to supervise algorithms. "The behavior of supervising big data killing is not simply to monitor the company, but to monitor the company’s algorithm. No Internet company will fully disclose its own algorithm, which is the biggest difficulty in supervising big data killing." He further explained that if you really want to supervise the killing behavior, you should supervise the algorithms of various enterprises and let them publish these algorithms, at least to the regulatory authorities, so that the regulatory authorities can have evidence to check. This is the first step for everyone to supervise these Internet companies.

  Liang Zheng, a professor at the School of Public Administration of Tsinghua University and secretary-general of the Academic Committee of Tsinghua University Science and Technology Development and Governance Research Center, also believes that big data is hidden, it is difficult to obtain evidence, and it is difficult to investigate and deal with it.

  Liang Zheng suggested that you can try the following regulatory tools:

  First, play the role of whistleblower. Encourage employees in peer companies or enterprises to actively report big data killing behavior and provide clues and evidence materials for regulators.

  Second, the use of big data monitoring technology to achieve smart supervision. Platform enterprises have the advantages of data, algorithm and technology, and there is an information gap between regulators and enterprises. Regulators can realize real-time monitoring through big data monitoring system.

  Third, cooperation between government and enterprises to achieve coordinated supervision. If the traditional antagonistic relationship between regulators and enterprises continues, platform governance can only become a "cat and mouse" game, which cannot effectively solve the problem of killing big data. The cooperation and cooperation between regulators and enterprises should be strengthened, and enterprises should be encouraged to be self-compliant. Regulators can require enterprises to provide internal compliance explanations or price policies to monitor the effect of their self-compliance.

  Some regions have made very valuable explorations. In March 2021, the "Zhejiang Fair Online" system, which was developed and built by Zhejiang Market Supervision Bureau, was launched for monopoly and improper behaviors in the platform economy.

  According to reports, "Zhejiang Fair Online" relies on the national online trading monitoring platform, and its monitoring scope covers major online trading platforms such as Taobao, Tmall, JD.COM, Pinduoduo, Meituan and Suning.cn. It can dynamically monitor the qualifications of platform economic operators, trading rules, brand goods, sales prices and other information in real time, and illegally implement operator concentration.

  The community group buying platform has been fined many times, and the Regulations have turned law enforcement experience into clear rules.

  In addition to regulating the killing of big data, another highlight of the Regulations is that in the section of "Price violations in new formats", "the price violations specified under this clause also include the dumping of e-commerce platform operators who do not have a dominant market position at a price lower than the cost through subsidies and other forms, disrupting the normal production and operation order and harming the national interests or the legitimate rights and interests of other operators" is clearly illegal.

  Since the beginning of this year, many community group buying platforms have been punished for allegedly dumping at low prices. In March, the General Administration of Market Supervision imposed administrative penalties on unfair price behaviors of five community group buying enterprises, among which illegal behaviors included "low-price dumping" behavior of selling goods below the purchase cost through huge subsidies. In May, the General Administration of Market Supervision imposed a fine of 1.5 million yuan on the 10th Club, and ordered the 10th Club platform in Jiangsu to suspend business for 3 days. After investigation, it was found that the 10th Club sold goods at a price lower than the purchase cost through huge subsidies.

  Therefore, in the view of Liu Xu, a special researcher of Tsinghua University National Institute of Strategic Studies, the Regulations have turned the law enforcement experience in the past six months into clear rules to guide enterprises and new formats. "It shows a clear position — — The State Administration of Markets clearly wants to strengthen the supervision of the platform economy. "

  Liu Xu believes that the successful experience of law enforcement of relevant departments in the first half of the year is to investigate and deal with price fraud and false propaganda in community group buying. This exposure draft will continue to strengthen the punishment for this type of behavior to a certain extent. "If you check it again, you will suspend business for rectification, and then the next step is to cancel your license. This will have a greater impact on platform enterprises.

  (This article is from The Paper, please download the "The Paper" APP for more original information)