Ministry of Industry and Information Technology: In 2022, the industrial added value accounted for 33.2% of GDP, and the manufacturing scale ranked first in the world for 13 consecutive years.

  CCTV News:On the afternoon of March 1st, the State Council Press Office held a series of press conferences on the theme of "Opening by Authorities", introducing the situation of "accelerating new industrialization, making it stronger and better, and expanding the real economy" and answering reporters’ questions.

  Jin Zhuanglong, Minister of Industry and Information Technology, said that promoting new industrialization is an inevitable requirement for realizing Chinese modernization, a fundamental support for building a socialist modernization power in an all-round way, an urgent need for building a competitive advantage of a big country, and a strategic choice for achieving high-quality economic development.

  Since the 18th National Congress of the Communist Party of China, under the strong leadership of the CPC Central Committee with the Supreme Leader as the core, the pace of new industrialization in China has been significantly accelerated. Introduce from five aspects:

  First, the industrial system is more sound. China has 41 industrial categories, 207 industrial categories and 666 industrial subcategories, and is the only country in the world that has all the industrial categories in the United Nations industrial classification.

  Second, the industrial scale has further grown. In 2022, the total industrial added value exceeded 40 trillion yuan, accounting for 33.2% of GDP, and industry played a ballast role in the macroeconomic market. Among them, the added value of manufacturing industry accounts for 27.7% of GDP, and the scale of manufacturing industry has ranked first in the world for 13 consecutive years. 65 manufacturing enterprises were shortlisted in the list of the world’s top 500 enterprises in 2022, and the number of specialized and innovative small and medium-sized enterprises reached more than 70,000.

  Third, the industrial structure continued to be optimized. High-tech manufacturing accounts for 15.5% of the added value of industrial enterprises above designated size, and equipment manufacturing accounts for 31.8% of the added value of industrial enterprises above designated size. The output of new energy vehicles and photovoltaics has remained the first in the world for many years. The transformation and upgrading of traditional industries have been accelerated, and the digital green transformation has achieved remarkable results, and 45 national advanced manufacturing clusters have been cultivated.

  The fourth aspect is the accelerated development of the digital economy. China’s mobile communication has achieved the leap-forward development of 2G following, 3G breakthrough, 4G synchronization and 5G leading, and built the world’s largest and technologically advanced mobile communication network. By the end of 2022, a total of 2.31 million 5G base stations had been built and opened, achieving "5G access to counties" and "broadband access to villages". There are more than 6.5 million standard racks of data centers in use nationwide, and the total computing power ranks second in the world. The numerical control rate of key processes in key industrial enterprises has reached 58.6%, and the popularization rate of digital R&D design tools has reached 77%. In 2022, the revenue of the software industry exceeded 10 trillion yuan, the industrial Internet was fully integrated into 45 categories of national economy, and the number of influential industrial Internet platforms reached 240.

  The fifth aspect is that a number of major achievements have been made in innovation in key areas. Good news has been reported frequently in manned space flight, lunar exploration, deep-sea exploration and other fields. The C919 aircraft achieved the first delivery in the world, the first domestic F-class 50 MW heavy gas turbine was successfully ignited, and the "Hualong No.1" nuclear power unit was connected to the grid.

Local economic stabilization measures continue to release their effectiveness.

  In August, the economic recovery trend in Jiangsu Province was significantly enhanced. Compared with last month, the growth rates of industry, service industry, investment and consumption all showed an upward trend. From January to August, the industrial added value, investment in fixed assets and total retail sales of social consumer goods in Jiangxi Province increased by 7.3%, 8.5% and 5.6% respectively, which were higher than the national average … … The economic "transcripts" handed over by many places recently show that the economy continues to recover.

  However, some places also said that the current external situation is still complicated and severe, domestic economic recovery still faces many difficulties and challenges, and the foundation for sustained economic recovery still needs to be strengthened.

  How to stabilize the economy? The recent the State Council executive meeting intensively deployed this, emphasizing that "while implementing the package policy of stabilizing the economy, 19 successive policies will be implemented to form a combined effect, so as to promote the economic stabilization and keep the operation in a reasonable range". Streamline administration, delegate power, strengthen regulation and improve services ’ The reform measures will further promote the effectiveness of the package policy of stabilizing the economy, refine the implementation policy, and implement the detailed rules in early September. ""All localities should shoulder the responsibility of stabilizing the economy and protecting people’s livelihood, and provinces with large economies should take the lead and work together to consolidate the foundation of economic stability and promote stability. "

  From Jiangxi’s promulgation of "Several Successive Measures to Effectively Stabilize Economic Development" to Gansu’s formation of 24 policies and measures to stabilize the economy, and then to Shanghai’s emphasis on implementing a new round of national and municipal policies … … At present, while implementing the national macro-policies, all localities have further enriched the policy toolbox around areas such as expanding effective demand and stabilizing market players to protect people’s livelihood, so as to ensure the sustained release of policy effects.

  — — Give play to the key role of effective investment

  On September 22nd, the construction of Huaihong Xinhe Irrigation District in Anhui Province started with a total investment of 10.4 billion yuan. So far, all the six new large-scale irrigation projects promoted by the State Council this year have started. On September 21st, the centralized commencement of major water conservancy projects in Hubei Province was held at the site of the second phase of water resources allocation project in northern Hubei. The total investment of 19 projects started this time is 27.48 billion yuan, which will promote the construction of Hubei as the first batch of provincial water network pilot areas in China.

  Expanding effective investment is a key link in the policies and measures to stabilize the economy in various places. For example, Henan proposed that, in order to make full use of the economic stabilization package and the dividends from the following policies and measures, seize the key period and fight for the red throughout the year, we will focus on tackling key problems in important economic stabilization projects. Give play to the key role of effective investment in stabilizing the economic market, realize the annual growth of fixed assets investment by more than 10%, complete 2.8 trillion yuan, and strive to achieve an economic growth rate of more than 5.5% in the second half of the year, and the annual economic aggregate exceeds 6.3 trillion yuan.

  Jiangxi said that it will seize the policy-oriented development financial instruments and special bonds to increase the scale, expand the opportunities in the field, strengthen the project to sort out the reserves, accelerate the preliminary work of the project, win more support from the state, and ensure that the first batch of contracted projects will start construction before the third quarter. According to the principle of "landing, solid support and quick results", we will implement the "four major actions" of urban shantytown renovation, "big traffic" construction, rail transit in Nanchang metropolitan area and infrastructure construction in water conservancy, with a total investment of over 1 trillion yuan.

  — — Promote the accelerated recovery of the consumer market

  In Jiujiang City, northern Jiangxi Province, an online launching ceremony was held a few days ago for the Jiujiang Branch of the 2022 Jiangxi "Hundred Cities and Hundred Nights" Cultural and Tourism Consumption Season. During the event, nearly 100 supporting activities such as non-legacy shopping festival, camping music festival and food carnival will be held in counties (cities, districts) of Jiujiang City. According to the relevant staff of Jiujiang Wenguang New Tourism Bureau, the local government takes the creation of a national-level night cultural tourism consumption gathering area and a provincial-level cultural tourism consumption pilot city as the starting point, and actively cultivates a night consumption industrial system integrating night sightseeing and recreation, special catering, fashion shopping, cultural performances, fitness and entertainment, and immersion experience to further tap the consumption potential of domestic demand.

  In order to further accelerate the recovery of consumption, many places have made great efforts in promoting mass consumption and promoting the recovery of service industry. For example, Jiangxi emphasizes that it will continue to implement the vehicle purchase tax exemption policy for new energy vehicles and encourage new energy vehicles, smart home appliances and green building the countryside. Fully activate the consumption of business travel, continue to implement various policies to promote consumption, and study and introduce policies and measures to support the recovery and development of catering and accommodation industries.

  With the main promotion activities as the carrier, key consumption season activities will also appear one after another. Gansu proposed to organize a three-month key consumption season of "Enjoy Consumption and Buy Longyuan" in combination with the consumption promotion activities such as "2022 International Consumption Season", "100-city Linkage Automobile Consumption Season" and "National Household Appliances Consumption Season" organized by the Ministry of Commerce. Hainan proposed to issue 50 million yuan travel vouchers to tourists outside the province and 100 million yuan vouchers to residents in the province.

  — — Boost the development confidence of market players

  The key to stabilizing the economy lies in protecting market players. Many places have made great efforts to grasp the important window period and opportunity period of economic recovery, and made every effort to solve outstanding problems such as insufficient demand, weak confidence and weak expectations in the current economic operation, and adopted various measures to stimulate the vitality of market players and enhance market confidence.

  Shanghai said that it is necessary to implement a new round of policies of the state and the city on the basis of the previous implementation of the policy of helping enterprises to bail out difficulties, increase financial subsidies, tax relief, rent relief and other support, and take out real money to boost corporate confidence. Focus on all kinds of problems that affect economic development, find out the bottlenecks faced by enterprises in time, and study targeted measures in time.

  Gansu has put forward a series of preferential policies for market players, such as delaying payment, reducing financing costs, reducing taxes and fees, dissolving arrears of debts, increasing incentives and support for scientific and technological innovation, optimizing market supervision, and promoting employment and entrepreneurship, so as to help market players resume development.

  "From the perspective of local measures to stabilize the economy, the key point is to boost consumer demand, expand effective investment, and support the promotion of infrastructure in the fields of energy, water conservancy and transportation with greater efforts, especially the construction and implementation of major projects such as new energy and new infrastructure. In addition, comprehensively adopt fiscal and taxation financial means such as tax reduction and exemption, increasing financial subsidies and expanding credit supply to solve the pain points and difficulties of industrial development, further increase the efforts to help enterprises bail out, and enhance the vitality and development confidence of market players. " Sun Chuanwang, a professor at the School of Economics of Xiamen University, told the Economic Information Daily.

Important reminder! Changtong code has new functions online again!

Citizens and friends,

I am "Changtong Code".

I have been constantly optimizing and upgrading.

Strive to become

"One person, one yard, one yard through the city, everything is smooth."

The "unblocked code".

today,

I have a new function online again!

Now the newly launched "two codes in one" function

A brief introduction is as follows:

First, what is "two codes in one"

"Two-in-one" refers to the function of embedding personal travel track query code in Changtong code system. This function is provided by the three major communication operators, and the travel trajectory is queried based on the personal mobile phone number. After the "two codes in one", users of Changtong code can quickly query their personal travel trajectory when applying for Changtong code, modifying information or self-service code scanning and punching. According to the query results, it can be preliminarily judged whether Changtong code users have a history of living in epidemic areas. Changtong code will become smarter, more convenient and more efficient.

Second, how to use "two codes in one"

Individuals who have applied for Changtong Code (formerly Nanchang Electronic Access Code) do not need to apply again. The following operations are limited to the first application.

(1) When applying for "Changtong Code" for the first time,

When applying for Changtong code for the first time, the travel trajectory query module was embedded in the registration form. Check the authorization query, and the system will automatically query the travel track of the mobile phone number registered by Changtong code within 14 days. After finding out the travel results, the option of "Living History in Epidemic Areas" will be automatically checked with "Yes" or "No". If there is a history of sojourning in epidemic areas such as Hubei and foreign countries, the option of "History of sojourning in epidemic areas" will be locked as "Yes", and it will become a red code after submission.

(2) when changtong code modifies information.

When modifying the information of Changtong code, the travel trajectory query module is embedded in the modification form. Check the authorization query, and the system will automatically query the travel track of the mobile phone number registered by Changtong code within 14 days. After finding out the travel results, the option of "Living History in Epidemic Areas" will be automatically checked with "Yes" or "No". If there is a history of sojourning in epidemic areas such as Hubei and foreign countries, the option of "History of sojourning in epidemic areas" will be locked as "Yes", and it will become a red code after submission.

(3) Changtong code self-service code scanning and punching

After the citizens scan the QR code of "Changtong Verification Code" or the unit Changtong Code, the punching success page pops up, and the travel trajectory query module is embedded. Check the authorization query, and the system will automatically query the travel track of the mobile phone number registered by Changtong code within 14 days. The query results can be presented to the checkpoint staff for inspection.

If the query results are not available, it will be automatically linked to the travel query page of communication big data, and the travel trajectory can be queried by inputting the mobile phone number and verification code.

The query results can be presented to the checkpoint staff for inspection.

One person, one yard, one yard through the city, everything is smooth.

Thanks to the general public and friends.

Make positive contributions to epidemic prevention and control.

Unite as one to fight the epidemic.

Source: Prevention and Control of Pneumonia in novel coronavirus, Nanchang emergency headquarters

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Original title: "Important reminder! Changtong code has new functions online again! 》

Dry goods | Cross-border e-commerce VS differences in domestic e-commerce Operational articles

Dry goods | Cross-border e-commerce VS differences in domestic e-commerce Operational articles

Many companies that have made a fortune on e-commerce platforms have found that,The "record high" of platform data is actually the unprofitable prosperity of losing money and earning money..

The domestic competition is too fierce, and more people choose to swing the rudder.Sail the ship overseas.As a novice, when I first came into contact with the world of flowers and flowers abroad, did I have the feeling of going into the misty forest and longing for the guidance of the gods?

Today, this dry goods is dedicated to the bosses who entered the cross-border e-commerce. I hope all the bosses.Take fewer detours, jump less pits, and win a good start in one fell swoop.!

Selection method

Domestic selection

Havedirectionality, usually for customersRefined operational stratificationAccurate selection of products through activities.

Cross-border selection

Biased considerationSmall size, light weight, simple function and few after-sales problems.Products.

Before 2016, cross-border e-commerce products were basically from a domestic treasure or a Baba platform.

Now it’s even more challenging.Tap new market demand, control product quality and brand positioningAnd other factors, throughDeep positioning customer baseTo match related products.

one

Selection dimension

What do customers need?

Used in that scene

What is the purchasing power of the crowd?

Can the product bring high repurchase?

2

Product selection channel

You can go through seven channels, such asThird-party platform, social media, independent station, domestic channel, IP channel, SPY tool selection, American crowdfunding networkWait, finding good goods is the process of finding wealth ~

Stocking mode

Domestic e-commerce

Usually.Self-built factoryorLink factory channel, domestic warehouse stock delivery.

cross-border electricity commerce

There are many ways to stock up, and whether to stock up mainly depends on the operation mode, mainly includingDrop-shipping, mass distribution, boutique shopsThree kinds.

one

Drop-shipping mode

Also known as "one generation", merchants will haveStable supply chainchannelAnd the supplier helps it to ship overseas, without stocking, justAlways master the supply and inventory..

2

Spread goods in large quantities

That is, in the 1688 large-scale supply chain platform to find suitable products to place orders and be delivered by merchants.

three

Boutique shop

Large merchants usually build their own domestic warehouses or overseas warehouses, which need to be carried out because the products are branded or customized.Stock up in large quantities, the stocking volume is the average monthly sales.1.5 times.

The way they operate

Domestic e-commerce

bothThe underlying operational logic is different..

Domestic e-commerce focuses onStore operationMarketing promotion and brushing account for a large proportion.

The most remarkable feature is the marketing sense of "if you don’t buy, you will miss a hundred million" on its page.

cross-border electricity commerce

Focus on cross-border e-commerceBrand operationPay more attention to product quality and user experience (of course, it is also brushed abroad, but it is not so crazy).

Foreign e-commerce pages are mostly minimalist with pure white background.

Cross-border e-commerce is divided into third-party platforms and independent stations, and their operating skills and methods are quite different.

one

Third-party platform operation

Its operational core will change according to platform algorithm ranking, traffic, customer experience and performance management.

Platform algorithm determines the ranking of products.The ranking of products that meet the requirements of the algorithm will rise.

At the same time,The higher the ranking, the greater the product flow., generallyThe better the transformation effect is.This is consistent with the logic of domestic e-commerce, and the acquisition of platform public domain traffic is becoming more and more expensive.

2

Independent station operation

In addition to selecting products for independent station operation,Drainage is very important.

Generally speaking, a "mom-and-pop shop" needs itself.Master the core drainage skills of Facebook and Google.But now SaaS products are becoming more and more intelligent, and product selection and drainage can be solved through products.

mode of payment

Domestic e-commerce

The development of domestic e-commerce is very mature. Both Alipay and WeChat can be bound to credit card payment, and the process is relatively simple.

cross-border electricity commerce

Cross-border e-commerce payment involves cross-border capital flow. Whether it is PayPal, World First, Ocean payment, 2checkout, Stripe and other payment operators, the process needs to be divided intoreceive and payandsettle a foreign exchange accountTwo steps.

Third party platformandIndependent stationThe collection methods are also different.

one

Third party platform

The collection method is relatively simple, justFor payment operators with compliance operation licenses(such as PayPal, WF, Payoneer, Lianlian, Pingpong, etc.)As a collection and settlement tool and withdraw it to the company’s corporate account.Just do it.

2

Independent station

The payment method is similar to the above, but the independent station is built by the seller himself, so the collection will beConsider the mainstream payment methods of store customers.To set up.

Generally speaking, North American customers often use PayPal, while European customers are more accustomed to using credit cards, so you can set up foreign card acquiring tools such as Stripe, 2checkout, Ocean payment, Asiabill, etc.

Logistics mode

Domestic logistics

Domestic e-commerce logistics is in an oligopoly state, basicallyShunfeng+santong Yida.

Cross-border logistics

Cross-border e-commerce logistics is divided intoTouchengandTail course, methods and logistics partners have a wider choice, and according to the different national sites, they haveterritoriality.

Cross-border logistics types are mainly divided into:Self-delivery, overseas warehouse, third-party platform warehouse (such as Amazon FBA distribution).

Either way, it mainly depends on three factors: timeliness, cost and comprehensive customer experience.

one

Self-delivery

Most of them are concentrated as followsSmall package delivery, most of the channels used are China postal system or special line packets in a certain area.

2

Overseas warehouse

Mainly throughForecast the sales volume of the target marketandPrepare products to overseas warehouses in advance.(warehouses are generally provided by cooperative logistics providers), and can be provided after the store issues the order.Deliver goods from overseas warehouse to customer address., improve the timeliness.

three

Third-party platform warehouse

Prepare the products in advance toThird-party platform warehouseAfter the store issues the order,The third-party platform undertakes parcel delivery..

Collection cycle

Domestic e-commerce

Such as a treasure, the general account period is from the customer’s signing date.T+7God.

cross-border electricity commerce

Whether it is a platform or an independent station, the payment cycle is much longer than that in China.

one

Payment cycle of third-party platform

For example, Amazon’s delivery+payment time is generally30-45 daysSpecial circumstances will even be extended to60 daysIn the process, it may also involve customer complaints, returns and other issues.

2

Independent station payment cycle

It involves logistics delivery, arrival confirmation, risk control evaluation of collection platform accounts and cash withdrawal cycle. Therefore, the payment time cannot be generalized.

If it is a new PayPal account registered by a new seller, the risk control lending time may be extended, and the general extension time is21 daysAfter thawing, the time for applying for cash withdrawal and receiving the account isT+7 days.

The duration of the credit card payment part is longer, andDepends on the seller’s risk control levelGenerally, when there is no customer complaint or non-payment, the time after lending isT+15 days.

customer service

Domestic e-commerce

Whether it is a platform or a WeChat social e-commerce, the most basic requirements for customer service areConsultation second return.

cross-border electricity commerce

The main responsibility of cross-border e-commerce customer service is to maintain the account, and the questions raised by customers only need to beEmail reply within 24 hoursJust do it.

The difference in operation mode determinesBusiness model after starting a business.

In this part, cross-border e-commerce and domestic e-commerce put forward different requirements for the ability of entrepreneurial teams.

What kind of ability does your team have more? Or do you prefer to build a team with what ability?

(Source: Cross-border old guns)

The above content belongs to the author’s personal opinion and does not represent Hugo’s cross-border position! This article is reproduced with the authorization of the original author, and it needs the authorization and consent of the original author.

Chinese inventory 2017! How many top ten buzzwords do you know?

  Cctv newsAs an important part of the "Chinese Inventory 2017" activity, the National Language Resources Monitoring and Research Center released the "Top Ten Catchwords of 2017" yesterday, among which the "19th National Congress" and "New Era" were on the list.

  The "Top Ten Catchwords in China in 2017" are "19th National Congress, New Era, Sharing, xiong’an new area, BRICS, Artificial Intelligence, Community of Human Destiny, Tianzhou No.1, Roll Up Your Sleeves, Do not forget your initiative mind, Remember Your Mission". The National Language Resources Monitoring Corpus uses language information processing technology, and selects ten words with the highest frequency according to the frequency of words, combined with manual post-processing extraction and screening, which represents the focus of mainstream media in China, language characteristics and change indications.

Professor Yang Erhong of beijing language and culture university

Professor Yang Erhong of beijing language and culture university

  Professor Yang Erhong of beijing language and culture universityAfter the 19th National Congress, the media is constantly combing all kinds of hot words, so it naturally becomes a buzzword in China media in the process of data extraction.

  There are five buzzwords related to the 19th National Congress, which are "19th National Congress", "New Era", "Roll up your sleeves and work hard", "xiong’an new area" and "Do not forget your initiative mind, remember your mission". Experts believe that such words become buzzwords, which not only represent Chinese’s beautiful expectations for the future, but also show everyone’s determination and drive to a new era. The selection of the words "artificial intelligence" and "Tianzhou No.1" reflects people’s great concern for the development of science and technology.

  Professor Yang Erhong of beijing language and culture university"Artificial Intelligence" is probably a familiar word, and it has attracted particularly high attention this year because on July 20th, the State Council released the development plan of a new generation of artificial intelligence. "Tianzhou-1" is also a breakthrough in China’s aerospace technology, and it was also a cheer when the docking was successful.

  [Extended reading]

  Candidate words of the year are released, and online voting has begun.

  "Chinese Inventory 2017" also released 20 candidate words of the year. Different from the buzzwords of the year, the opinions of netizens dominated the selection of candidate words. Let’s take a look at which candidate words were recommended by netizens.

  Among the domestic candidate words, words such as "new era" and "initial heart" that became hot with the convening of the 19 th National Congress were highly recommended by netizens. At the same time, it represents the "enjoyment" and "cloud" of innovation, the "praise" and "artificial intelligence" commonly used in netizens’ communication, and the "four new inventions" and "artificial intelligence" representing the life changes of China people have all been selected.

  Among the international candidate words, "the community of human destiny" is strongly recommended by netizens. The conflict-related words such as "nuclear", "attack" and "North Korean nuclear crisis" are also highly concerned by netizens, and words such as "alpha dog" and "gravitational wave" representing the latest achievements in scientific and technological development are also recommended by netizens.

  At present, the selection of word of the year has entered the stage of online voting. The 2017 domestic word of the year, word of the year and international word of the year and word of the year voted by netizens will be announced on December 21st.

Can American chip companies sit still? Voice of China Semiconductor Industry Association

On July 19th, the China Semiconductor Industry Association issued a statement on maintaining the globalization of the semiconductor industry, saying that recently, our association noticed that the media widely reported that some leaders of American chip companies were trying to lobby the US government to reduce trade restrictions and promote global cooperation. The American Semiconductor Industry Association also issued a "statement on the potential additional restrictions of the US government on the semiconductor industry". This reflects the concern of the American semiconductor industry about what the American government has done.

China’s semiconductor industry is rooted in globalization, and it grows and grows in globalization. We will always adhere to open cooperation, jointly safeguard the globalization of the semiconductor industry with all industrial colleagues in countries and regions around the world who are willing to cooperate, and promote the government/authorities to support international cooperation in the semiconductor industry. At the same time, China’s semiconductor industry will continue to innovate, constantly improve its competitiveness and develop together with global partners.

Foreign media: the White House or upgraded China Semiconductor imposed restrictions, and the executives of the Big Three American chips met with government officials urgently!

According to the report of Reuters quoted by Reference News Network on July 17th, while the most influential semiconductor lobby group in the United States urged (the government) not to implement more restrictions on China under consideration, the State Council and sources in the United States said that executives of American chip companies met with senior officials of Biden’s government on July 17th to discuss China policy.

According to the report, a the State Council spokesman told reporters that Secretary of State Anthony Blinken had a talk with CEO of several chip companies about the industry and supply chain after his recent visit to China.

A person familiar with the matter said that government officials such as Gina Raimondeau, Minister of Commerce, Lyle brainerd, Director of the National Economic Council, and jack sullivan, Assistant to the President for National Security Affairs, met with executives of Intel Corporation, Qualcomm Corporation and NVIDIA Corporation.

Image source: vision china -VCG111374581230

According to the report, the chip industry is eager to protect its profits in China when the Biden administration is considering implementing a new round of restrictions on chip exports to China. According to the data of American Semiconductor Industry Association, last year, China’s semiconductor purchase amounted to US$ 180 billion, accounting for more than one third of the global total of US$ 555.9 billion, making it the largest single market.

According to the report, the State Council spokesman Matthew Miller said at a press conference that Blinken tried to "share his views on the industry and supply chain issues, especially after his recent visit to China" and "listen directly to how these companies view the supply chain issues and how to do business in China". Another person familiar with the matter said that discussions with government officials also included speeding up the disbursement of government funds promised by the Chip and Science Act to semiconductor companies, and ensuring that US policies would not exclude chip companies from the lucrative China market.

The American Semiconductor Association voiced its appeal.

According to The Paper, the American Semiconductor Industry Association issued a statement in official website on 17th about the possible additional restrictions on semiconductors imposed by the US government. The statement said that the White House has repeatedly adopted overly broad, vague and sometimes unilateral restrictions.It may weaken the competitiveness of the semiconductor industry in the United States, destroy the supply chain and cause major market uncertainty. SIA urged the White House to engage more extensively with industries and experts, and not to implement further restrictions before evaluating the impact of current and potential restrictions, so as to determine whether they are narrow and clearly defined, whether they are uniformly applied, and whether they are fully coordinated with allies.

The source added that the US government is also concerned about China’s acquisition of the most advanced artificial intelligence chips, and said that Washington seems to be about to tighten the rules on the calculation speed of such chips, but has not yet set a specific threshold.

Ministry of Foreign Affairs: I hope the US will create a good environment for Sino-US economic and trade cooperation.

On July 18th, Foreign Ministry Spokesperson Mao Ning held a regular press conference.

According to CCTV news, a reporter asked, it is reported that Biden’s government will introduce a series of policies to restrict investment in China, including cutting-edge technologies such as semiconductors, quantum computing and artificial intelligence, but it does not involve biotechnology and energy industries. What is China’s comment on this?

In this regard, Mao Ning said that China has always opposed the politicization and weaponization of economic, trade, scientific and technological issues by the United States. We believe that artificial obstacles to normal technical cooperation and economic and trade exchanges violate the principles of market economy and disrupt the stability of the global supply chain, which is not in the interest of either party. We hope that the US will implement President Biden’s promise that he has no intention to "decouple" from China, obstruct China’s economic development and contain China, and create a good environment for Sino-US economic and trade cooperation.

Ministry of Commerce: China is the largest semiconductor market in the world.American repression will eventually bite itself.

Recently, some media reported that the United States is considering imposing new restrictions on the export of artificial intelligence chips to China.

According to CCTV news, on July 6th, a spokesman for the Ministry of Commerce said at a regular press conference that China is the world’s largest semiconductor market, with chip sales accounting for about one-third of the world’s total. If the United States suppresses and curbs, it will eventually bite itself.

Shu Yuting, spokesperson of the Ministry of Commerce: For some time, the US has been abusing export control measures, continuously strengthening the suppression and containment of Chinese semiconductors, and artificially splitting the global semiconductor market. This is a destruction of global free trade, a disregard for international economic and trade rules, and a violation of the principle of fair competition. Semiconductor is a typical representative of global industrial division of labor and cooperation. China is the world’s largest semiconductor market, with chip sales accounting for about one-third of the world’s total, which is the result of mutual benefit and win-win cooperation between enterprises in China and other countries. The U.S. approach will not only harm the legitimate rights and interests of China enterprises, but also seriously affect the interests of many countries and regions, hinder global scientific and technological exchanges and economic and trade cooperation, and will eventually bite itself. The concerns of the American industry have already illustrated this point.

National business daily Comprehensive CCTV News, China Semiconductor Industry Association, Reference News Network, The Paper

A case of asymptomatic infection was found in Kaifeng, Henan Province, and some areas were temporarily controlled.

  CCTV News:"Kaifeng released" WeChat WeChat official account news. On September 27th, a case of asymptomatic COVID-19 infection was found in the normalized nucleic acid test in Kaifeng city. The activity trajectory is now announced as follows:

  Male, 39 years old, now lives in Yanfuyuan Community, Longting District.

  On September 21st, I did nucleic acid sampling in the nucleic acid sampling room of Yanfuyuan Square at 8:11, had breakfast at Zhangji Hulatang Restaurant on Tiyu Road at 8:18, shopped at Nanfuchang Tea House on Dongtou Road in Hedao Street at 10:29, shopped at Huabei Supermarket at 10:41, dined at Haoxianglai Restaurant in Shanghe City at 11:42, shopped at New Mart Mall at 12:37 and went to private courtyard at 15:00.

  On September 22nd, I had breakfast at the chopped green onion oil cake shop in Xipo North Street at 7:03, did nucleic acid sampling at the nucleic acid sampling house in Yanfuyuan Square at 7:43, went to the car inspection station in private house at 10:00, shopped at Chunshuang tobacco and liquor grocery store in Tiyu Road at 12:08, dined at Zhengji Mala Tang in Tiyu Road at 12:31, shopped at Tiyu Edward J.M.Rhoads Supermarket at 18:30 and at Guci in Xufu Street at 18:53.

  On September 23rd, at 6:41, I did nucleic acid sampling in the nucleic acid sampling room of Yanfuyuan Square, shopped at the Chunshuang Tobacco and Alcohol Non-staple Food Store in Tiyu Road at 10:32, dined at Li Ji Siwei Cuisine in Beishudian Street at around 12:12, shopped at Chunhe Non-staple Food Store in Beishudian Street at 16:10, shopped at Sports Edward J.M.Rhoads Supermarket at 20:31, and dined at Xu Yuan Dumpling in Tieta West Street.

  On September 24th, we did nucleic acid sampling in the nucleic acid sampling room of Yanfuyuan Square at 7:50, shopped at Bolizhongjia chain supermarket in Tieta West Street at 10:18, dined at the second floor of Starlight World at 11:00 and dined at Sports Edward J.M.Rhoads Supermarket at 19:00.

  On September 25th, I printed materials at Deli Stationery on the north side of Xiangyang Road at 7:30, had breakfast at the east of Yanqing Gate, shopped at Chunshuang Tobacco and Liquor Food Store on Tiyu Road at 9:20, shopped at Zhaoji Beef Burning Shop on Tiyu Road at 17:36, shopped at Huabei Supermarket at 18:12 and arrived at Huida New World Community in the demonstration area at 19:30.

  On September 26, at 7:07, I ate at the chopped green onion cake shop near No.17 Xipo North Street.

  At present, the flow adjustment, detection, disinfection and other related work are being carried out in an orderly manner. The close contacts and close contacts that have been identified have been detected for nucleic acid detection, and all of them have been centralized or isolated at home, and nucleic acid sampling and comprehensive disinfection have been carried out in the external environment.

  Notice on implementing temporary control measures for epidemic prevention and control in some areas

  (55, 2022)

  On September 27th, a case of asymptomatic COVID-19 infection was found in the normalized nucleic acid test in Kaifeng city. In order to effectively protect people’s lives and health, reduce the flow of people and effectively block the spread of the epidemic, according to the relevant provisions of the state, provinces and municipalities on epidemic prevention and control,After comprehensive judgment by the expert group, it was decided to implement temporary control measures for epidemic prevention and control in some areas.The relevant matters are hereby notified as follows:

  No.16 Tiyu Road and Yanfuyuan Community in Longting District are designated as temporary control areas for epidemic prevention and control and spillover prevention.

  The above areas will be dynamically adjusted according to the changes in the epidemic situation.

  Epidemic prevention and control is related to the health of every citizen and requires the joint efforts of every citizen. Please pay attention to the official authority release, do not believe in rumors, do not spread rumors, do not panic. If you encounter difficulties in life and medical treatment, you can call the 24-hour service hotline: 12345.

  The above contents shall be implemented at the time of promulgation of this circular.

The central bank answered questions on the Measures for the Administration of Reports on Large-value Transactions and Suspicious Transactions of Financial Institutions

  CCTV News:According to the website of the People’s Bank of China, recently, the People’s Bank of China issued the Measures for the Administration of Reports on Large Transactions and Suspicious Transactions of Financial Institutions (Order No.3 [2016] of the People’s Bank of China, hereinafter referred to as the Measures), which will be implemented on July 1, 2017. A few days ago, the relevant person in charge of the People’s Bank of China answered a reporter’s question about the Administrative Measures.

  1. What is the background and main significance of the Administrative Measures?

  The Administrative Measures, in combination with domestic work practice and international standards, revised and integrated the existing two regulations, namely, the Administrative Measures for Reporting Large Transactions and Suspicious Transactions of Financial Institutions (Order No.2 of the People’s Bank of China [2006]) and the Administrative Measures for Reporting Suspicious Transactions of Financial Institutions Suspected of Terrorist Financing (Order No.1 of the People’s Bank of China [2007]).

  Since the implementation of the above two regulations in 2007, in the initial stage of China’s anti-money laundering work, they have played a positive role in guiding financial institutions to effectively fulfill their suspicious transaction reporting obligations. However, with the development and changes of the domestic and international situation and the deepening of anti-money laundering work, problems such as excessive defensive reports and insufficient effective reports have gradually emerged, which have affected the effectiveness of anti-money laundering work. To this end, the People’s Bank of China has successively issued the Notice on Further Strengthening the Anti-Money Laundering Work of Financial Institutions (Yinfa [2008] No.391) and the Notice on Defining the Relevant Implementation Issues of the Suspicious Transaction Reporting System (Yinfa [2010] No.48) and other normative documents to regulate how financial institutions can effectively fulfill their obligations of reporting suspicious transactions and avoid simply grabbing and submitting transactions that meet the suspicious transaction reporting standards through the system. In 2012, the People’s Bank of China selected 37 corporate financial institutions across the country to carry out comprehensive pilot projects on suspicious transaction reports, requiring the pilot institutions to independently define transaction monitoring standards in light of their own conditions, and submit suspicious transaction reports on the basis of reasonable suspicion in combination with manual analysis. These efforts have laid a solid foundation for the revision of the existing two regulations and the promulgation of the Administrative Measures. At the same time, the current reporting standards for large transactions can no longer fully meet the actual needs of anti-money laundering and combating and curbing related upstream crimes, so it is necessary to make appropriate adjustments to the reporting standards for large transactions.

  In 2014, the People’s Bank of China officially launched the revision of regulations, repeatedly studied and demonstrated, and twice organized nationwide to solicit opinions and suggestions from financial institutions to ensure the scientificity and feasibility of the Administrative Measures. The Administrative Measures clarify the new requirements for financial institutions to effectively fulfill the obligation of reporting suspicious transactions at the regulatory level, which is helpful for financial institutions to improve the effectiveness of reporting suspicious transactions, to prevent and curb criminal activities such as money laundering and terrorist financing, to maintain the security and stability of China’s financial system, and to further integrate with international standards.

  2. What are the main considerations for requiring financial institutions to report large-value transactions and suspicious transactions?

  According to the Anti-Money Laundering Law of People’s Republic of China (PRC), reporting large transactions and suspicious transactions is one of the three core anti-money laundering obligations that financial institutions should perform, and it also lays a solid data foundation for the People’s Bank of China to carry out monitoring and analysis of anti-money laundering funds transactions according to law. In practice, financial institutions automatically capture and submit large transactions through the system, and discover and submit suspicious transaction reports through customer identification, keeping customer identity data and transaction records, and conducting transaction monitoring and analysis. Based on the reports of large-value transactions and suspicious transactions submitted by financial institutions, the People’s Bank of China conducts active analysis, investigation analysis and international mutual investigation, transfers case clues to law enforcement departments according to law, and works with relevant departments to prevent and curb money laundering and terrorist financing and maintain financial security.

  Three, compared with the current regulations, what are the main changes in the "management measures"?

  The changes in the Administrative Measures mainly include the following four aspects: First, the requirements for reporting suspicious transactions based on "reasonable suspicion" are clarified, and the requirements for establishing and improving transaction monitoring standards, transaction analysis and identification, monitoring of terrorism-related lists, establishment of monitoring systems and record keeping are added, while the reporting standards for suspicious transactions in banking, securities and futures industries and insurance industries that are no longer in line with the development of the situation are deleted from the original regulations. Second, the RMB reporting standard for large cash transactions was adjusted from "200,000 yuan" to "50,000 yuan", and the statistical methods of large transfer transactions of financial institutions and the reporting time limit of suspicious transactions were adjusted. Third, the scope of application of the new regulations and the reporting standards for large-scale cross-border transactions in RMB are added. The reporting standard for large cross-border transactions denominated in RMB is "RMB 200,000". Fourthly, the contents of transaction report elements are adjusted, such as "Payee Matching Number" and "Equipment Code for Off-Counter Transaction" are added, and the elements such as "Report Date", "Filler" and "Name of Financial Institution" are deleted, and a more streamlined General Suspicious Transaction Report Element is designed.

  4. What is the scope of application of the Administrative Measures? When will it take effect?

  The Administrative Measures are applicable to institutions legally established in People’s Republic of China (PRC) that should perform anti-money laundering obligations according to the Anti-Money Laundering Law of People’s Republic of China (PRC) and other laws and regulations, mainly including policy banks, commercial banks, rural cooperative banks, rural credit cooperatives, village banks, securities companies, futures companies, fund management companies, insurance companies, insurance asset management companies, insurance professional agencies and insurance brokerage companies. Trust companies, financial asset management companies, enterprise group finance companies, financial leasing companies, auto finance companies, consumer finance companies, money brokerage companies, loan companies and non-bank payment institutions. Among them, "insurance professional agency company", "insurance brokerage company", "consumer finance company" and "loan company" are the newly added scope of application of the Administrative Measures.

  The Administrative Measures came into effect on July 1, 2017. Considering that it will take some time for financial institutions to revise their systems, build their own trading monitoring standards and transform their systems. Therefore, the "Administrative Measures" gave financial institutions a transition period of half a year after their promulgation and before their implementation.

  V. What are the specific requirements of the Administrative Measures for reporting large transactions? Is it necessary to submit a large transaction report for cross-border capital transactions?

  The reporting standards for large-value transactions stipulated in the Administrative Measures are as follows: First, large-value cash transactions of natural persons and non-natural persons, with domestic and cross-border reporting standards of RMB 50,000 or more and foreign currency equivalent of USD 10,000 or more. Second, it is a large transfer transaction in a non-natural person’s bank account. The domestic and cross-border reporting standards are more than RMB 2 million and the foreign currency equivalent is more than USD 200,000. Third, large-sum transfer transactions in natural person’s bank accounts, with domestic reporting standards of RMB 500,000 or more and foreign currency equivalent of USD 100,000 or more, and cross-border reporting standards of RMB 200,000 or more and foreign currency equivalent of USD 10,000 or more.

  For cross-border capital transactions, financial institutions shall submit large transaction reports. For example, if a natural person remits $10,000 overseas by cash or transfer through a banking institution, the banking institution that handles the business needs to report this transaction as a large transaction. The reporting standard for large-value cross-border transfer transactions of natural person customers "more than RMB 200,000" is a new standard in the Administrative Measures. The main considerations are as follows: First, with the gradual promotion of Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, the cross-border business of domestic residents will be gradually liberalized, and the cross-border RMB business of individual residents will be more frequent. Special RMB reporting standards will be designed to facilitate the regulatory authorities to grasp the cross-border RMB transaction data in time and carry out risk monitoring. Second, according to the existing system, the daily limit of cross-border RMB remittance between Hong Kong residents’ individual accounts with the same name and Taiwan Province residents’ individual accounts is 50,000 yuan, and cross-border RMB business under personal trade of residents is subject to unlimited management. The Notice on Optimizing the Information Submission Process of RMB Cross-border Receipt and Payment Information Management System (Yin Ban Fa [2013] No.188) stipulates that banks can submit individual RMB cross-border receipts and payments with a single amount of less than 200,000 yuan (inclusive), but they need to keep the detailed information one by one. On the whole, the reporting standard of large-scale cross-border transfer transactions of natural person customers in the Administrative Measures is determined as "more than RMB 200,000", which can strengthen the statistical monitoring of cross-border RMB transactions and better prevent risks related to cross-border RMB transactions.

  It should be noted that according to the Administrative Measures, the People’s Bank of China can adjust the reporting standards for large transactions according to the needs of work.

  Six, the "Administrative Measures" will report large cash transactions as "RMB 50,000" and "foreign currency equivalent of 10,000 US dollars". What are the main considerations?

  The Administrative Measures stipulate that financial institutions shall submit large-value transaction reports for cash deposits, cash withdrawals, cash settlement and sale, cash exchange, cash remittance, cash bill payment and other forms of cash receipts and payments with a single or cumulative transaction of more than RMB 50,000 (including RMB 50,000) and a foreign currency equivalent of more than US$ 10,000 (including US$ 10,000) on that day. For example, if a natural person purchases US dollar cash with RMB cash through a banking institution, and the single or cumulative transaction on the same day is more than RMB 50,000 (including RMB 50,000), the banking institution handling the business needs to report this transaction as a large transaction.

  The "Administrative Measures" will adjust the reporting standard for large cash transactions from the current RMB 200,000 to RMB 50,000. The main considerations are:

  First of all, strengthening cash management is an important part of anti-money laundering work. The international anti-money laundering supervision standards in the cash field are mostly strict. For example, the starting point for reporting large cash transactions in the United States, Canada and Australia is US$ 10,000 (or equivalent foreign currency), and the regulatory authorities can further lower the reporting standards for cash transactions in order to crack down on illegal and criminal activities in specific fields according to legal authorization. Secondly, the popularity, development and innovation of non-cash payment tools facilitate non-cash transactions, and residents’ preference for cash use is gradually changing. Normal payment needs can be met more quickly and safely through non-cash payment tools, which provides favorable conditions for strengthening cash management. Finally, the development of China’s anti-corruption, taxation, balance of payments and other fields also requires strengthening cash management to prevent the risk of using large cash transactions to engage in corruption, tax evasion, evasion of foreign exchange management and other illegal activities.

  7. Does the Administrative Measures require non-bank payment institutions to submit large transaction reports?

  The relevant provisions of the Administrative Measures apply to non-bank payment institutions. At present, the People’s Bank of China has more specific requirements on the anti-money laundering obligations that non-bank payment institutions should perform, such as the Administrative Measures on Anti-Money Laundering and Anti-Terrorist Financing of Payment Institutions (Yinfa [2012] No.54). After the "Administrative Measures" come into effect, the People’s Bank of China will revise and improve the reporting requirements for large transactions and suspicious transactions of non-bank payment institutions in a timely manner according to the actual situation.

  Eight, "management measures" whether there are provisions on large transactions without reporting?

  There are relevant regulations. According to the Administrative Measures, the types of large-value transactions exempted from reporting by financial institutions mainly include fixed-activity mutual transfer transactions under the name of the same customer of the same financial institution, transactions in which one party is the party, government and military organs, inter-bank transactions of financial institutions, taxation handled by banking institutions, correction of wrong accounts, interest payment, etc.

  9. What are the specific requirements of the Administrative Measures for suspicious transaction reports?

  The Administrative Measures stipulate that financial institutions shall submit suspicious transaction reports when they find or have reasonable reasons to suspect that customers, customers’ funds or other assets, customers’ transactions or attempted transactions are related to criminal activities such as money laundering and terrorist financing, regardless of the amount of funds involved or the value of assets. That is, to report suspicious transactions on the basis of "reasonable suspicion". Specific requirements mainly include:

  First, financial institutions should monitor suspicious transactions throughout all aspects of financial business. Financial institutions should not only take reasonable measures to identify suspicious transaction clues in the process of customer identification, but also find out whether customers, funds or other assets and transactions are related to illegal and criminal activities such as money laundering and terrorist financing through screening, reviewing and analyzing transaction data. For ongoing transactions or transactions that customers try to carry out, financial institutions should also submit suspicious transaction reports if they find or have reasonable reasons to suspect that they are involved in money laundering and terrorist financing.

  Second, financial institutions should also pay attention to whether customers’ funds or assets are related to criminal activities such as money laundering and terrorist financing. Assets include but are not limited to bank deposits, remittances, traveler’s checks, postal orders, insurance policies, bills of lading, warehouse receipts, stocks, bonds, bills of exchange and letters of credit, houses, vehicles, ships, goods, and other legal documents and certificates that prove the ownership and other rights and interests of assets in electronic or digital form.

  Third, financial institutions submit suspicious transaction reports, and there is no requirement for the starting amount of funds or assets. If the amount of fund transactions suspected of terrorist financing activities may be small, financial institutions should still submit suspicious transaction reports according to the Administrative Measures.

  Fourth, financial institutions should submit suspicious transaction reports within the prescribed time. The Administrative Measures stipulate that a financial institution shall "submit a suspicious transaction report in a timely manner within 5 working days at the latest after it is confirmed as suspicious transaction according to its internal operating procedures for suspicious transaction reporting".

  In order to implement these requirements, financial institutions should, in accordance with the Administrative Measures, formulate suspicious transaction reporting systems and operating procedures, provide sufficient human resources and support for suspicious transaction reporting, establish and improve self-defined transaction monitoring standards, establish a fully functional and well-functioning monitoring system, do a good job in monitoring terrorist lists, strengthen manual analysis and identification of abnormal transactions with early warning by the system, keep relevant work records, and abide by confidentiality requirements.

  X. The Administrative Measures defines the time limit for reporting suspicious transactions as "to submit the suspicious transaction report in a timely manner within 5 working days at the latest after it is confirmed as suspicious transaction according to the internal operating rules of this institution". What are the main considerations?

  The original Administrative Measures on Large-value Transactions and Suspicious Transaction Reports of Financial Institutions (Order No.2 of the People’s Bank of China [2006]) required financial institutions to submit suspicious transaction reports within 10 working days after suspicious transactions occurred. However, under the new mode of reporting suspicious transactions based on "reasonable suspicion" in the Administrative Measures, there may be a big difference between the time when suspicious transactions occur and the time when suspicious transactions are identified and confirmed, which makes the original reporting time limit difficult to operate. The international common practice is to require financial institutions to submit suspicious transaction reports in time after confirming suspicious transactions. Therefore, the "Administrative Measures" defines the time limit for suspicious transaction reporting as "to submit the suspicious transaction report in time, no later than 5 working days, after it is confirmed as suspicious transaction according to the internal operating rules of the institution for suspicious transaction reporting".

  It should be noted that "five working days" does not mean that financial institutions must complete all links from abnormal transaction warning to manual analysis and judgment within five working days, and submit suspicious transaction reports to China Anti-Money Laundering Monitoring and Analysis Center, but that financial institutions should submit suspicious transaction reports within five working days after being confirmed as suspicious transactions through internal early warning and analysis.

  XI. What are the specific requirements of the Administrative Measures for financial institutions to monitor terrorism-related lists?

  According to the Administrative Measures, financial institutions should follow the following requirements when monitoring the terrorism-related list: First, financial institutions should ensure the completeness and accuracy of the terrorism-related list and update it in time. Second, the scope of monitoring the terrorism-related list of financial institutions should cover all customers and their counterparties, funds or other assets. Third, financial institutions should conduct real-time monitoring of the terrorism-related list. Fourth, financial institutions should immediately conduct retrospective investigations on all their customers or their counterparties after the adjustment of the terrorism-related list. Fifth, if financial institutions have reasonable reasons to suspect that customers or their counterparties, funds or other assets are related to the terrorism-related list, they should immediately report them as key suspicious transactions and take freezing measures in accordance with the Measures for the Administration of Assets Freezing Related to Terrorist Activities (Order No.1 of the Ministry of Public Security of the People’s Bank of China [2014]).

  It should be noted that financial institutions are obligated to perform the monitoring of terrorism-related lists, and they have the responsibility to actively obtain and master the list of terrorist organizations and terrorist personnel released and updated by the competent departments of the state. In order to facilitate financial institutions to grasp relevant information in a timely manner, the People’s Bank of China publishes the list of terrorism-related information under the anti-money laundering column of the official website, and the relevant supervision and management departments will also forward the list that needs to be implemented and concerned to the regulated institutions.

  Twelve, the "Management Measures" require financial institutions to be equipped with full-time personnel to be responsible for reporting large transactions and suspicious transactions. What are the main considerations?

  In practice, whether financial institutions conduct timely and effective analysis and treatment of abnormal transactions with early warning system, or pay close attention to the adjustment of terrorism-related lists at home and abroad at any time, and conduct retrospective investigation in time, they all put forward higher requirements for the professionalism and sufficient number of institutional personnel. Therefore, the board of directors and senior management of financial institutions should attach great importance to the reporting of large-value transactions and suspicious transactions, and allocate enough full-time personnel to take charge of related work. By optimizing the workflow of reporting large-value transactions and suspicious transactions, they should do basic work such as customer identification, identity data and transaction record preservation, improve the setting of transaction monitoring indicators and related system functions and other supporting measures to ensure that full-time personnel can effectively carry out monitoring and analysis work.

  Thirteen, in recent years, what measures has the People’s Bank of China taken to improve the suspicious transaction reporting system?

  Since the promulgation of the Administrative Measures on Large-value Transactions and Suspicious Transaction Reports of Financial Institutions (Order No.2 of the People’s Bank of China [2006]), the People’s Bank of China has been actively taking measures to improve the suspicious transaction reporting system and promote the effective implementation of the suspicious transaction reporting system. For example, the People’s Bank of China has successively issued a series of normative documents, such as the Notice on Further Strengthening the Anti-Money Laundering Work of Financial Institutions (Yinfa [2008] No.391) and the Notice on Defining the Implementation Issues of the Suspicious Transaction Reporting System (Yinfa [2010] No.48), to clearly distinguish the different regulatory requirements for abnormal transaction reports from suspicious transaction reports, so as to reduce the defensive reporting behavior of financial institutions. In 2012, the People’s Bank of China launched a comprehensive pilot project of suspicious transaction reporting with independent definition of abnormal transaction monitoring indicators in 37 corporate financial institutions to test the effectiveness and feasibility of the new model of independent definition of monitoring indicators. Since 2013, the People’s Bank of China has successively issued suspicious transaction types and identification points for upstream crimes of money laundering, such as illegal fund-raising, underground money houses, terrorist financing, etc., issued multiple risk warnings, and issued a notice to strengthen the monitoring of terrorism-related lists and fugitives lists, guiding financial institutions to do a good job in monitoring and analyzing suspicious transactions and monitoring lists. At the same time, through law enforcement inspection, supervision visits, classification and rating and other regulatory measures, financial institutions are urged to continuously improve suspicious transaction reporting and improve the quality of suspicious transaction reporting.

  XIV. What progress has financial institutions made in suspicious transaction reporting in recent years?

  Financial institutions have been strengthening and improving the monitoring and analysis of suspicious transactions and list monitoring in accordance with the requirements of the People’s Bank of China, and the effectiveness of suspicious transaction reporting has been continuously improved. At present, financial institutions have generally strengthened the manual analysis and identification of abnormal transactions. Financial institutions have participated in the comprehensive pilot work of suspicious transaction reports with independent definition of abnormal transaction monitoring standards as the core, and implemented the requirements of suspicious transaction types, identification points, risk warnings and list monitoring issued by the People’s Bank of China. The ability of financial institutions to define abnormal transaction monitoring standards has been verified and strengthened, and the professionalism and intelligence of monitoring and analysis have been continuously improved. While the overall number of suspicious transaction reports has dropped significantly, the quality of reports has improved significantly, and the number of clues transformed into cases has increased significantly, which has provided strong support for the country to prevent and combat money laundering and related crimes.

  15. What will the People’s Bank of China do to guide financial institutions to effectively implement the relevant requirements of the Administrative Measures?

  In order to guide financial institutions to effectively implement the Administrative Measures, the People’s Bank of China will fully listen to the opinions and suggestions of financial institutions, issue supporting normative documents as soon as possible, clarify specific work requirements such as suspicious transaction continuation report and suspicious transaction analysis report process, and issue relevant guidelines for financial institutions to formulate transaction monitoring standards in combination with industry best practices, guide financial institutions to establish and improve transaction monitoring standards and improve transaction monitoring systems, and strengthen guidance and training for small and medium-sized financial institutions. At the same time, the People’s Bank of China will issue specific reporting formats and reporting requirements for reporting elements of large-value transactions and suspicious transactions, and guide financial institutions to do a good job in the development of transaction reporting data interfaces and related systems. The People’s Bank of China is also stepping up the construction of the second-generation anti-money laundering monitoring and analysis system to provide more powerful system support for the monitoring and analysis of large and suspicious transaction reports.

The appearance has not changed much, and the new Porsche Taycan is actually shot.

1The appearance has not changed much.

On March 11, 2024, Beijing time, the mid-term facelift Porsche Taycan was officially unveiled at the Porsche Experience Center in Shanghai. This is not just a domestic debut, but a globally synchronized launch event. We will take you today to see what is the difference between this car and the old model. Let’s start with the conclusion: in fact, the appearance has not changed much, the main change is internal!

There are seven models in this debut. I thought the price would be announced, but in fact it wasn’t. The specific price will be announced at the Beijing Auto Show. If you ask me how it is different from the old model? To be honest, it may not be obvious for a while, but the picture below may show more clearly what the difference is.

The model that came to the premiere today is a European-sized Turbo S model, which may be different from the models officially sold in China. The mid-term facelifted Porsche Taycan is still familiar to us, mainly upgraded in details, most obviously in the front part.

The front surround of the Turbo S series is a little different from the previous one, which is also the exclusive shape design of the Turbo family. Do you like it? Personally, I think it is sharper and the aerodynamics are better.

The headlight group is a newly designed lamp group using HD Matrix (high definition matrix) technology. The interior has a pixel array of more than 32,000 LED light sources. The lighting area and lighting brightness can be selected according to real-time road conditions. For example, when facing a passing car at night, the headlights can turn off some LED pixels to prevent direct exposure to the driver’s eyes. This technology can significantly improve the safety of night driving. The range of the high beam can exceed 600 meters. In addition, the air inlet shape of the front face of the new car has also been adjusted, and the aerodynamic effect is even better.

The other parts didn’t change much. Open the front trunk cover, and there is still an 81L storage space below. Not big, but enough!

The side lines of the car have not changed, and it is still a familiar formula. However, the wheel shape of the Turbonite color scheme makes people feel like a modified wheel, which is very beautiful and sexy. The official said that the new wheel has increased the battery life by up to 40 kilometers (under WLTP conditions). In addition, the brake system configuration of the Turbo family has also been upgraded, and it comes standard with PSCB or PCCB.

The charging port on the side of the car leaks the fact that it is a European car. So the real model you see today may be a little different from the official model.

The rear of the car has not changed much, and the shape of the surrounding sides has also changed. This shape also inherits the consistent characteristics of Porsche cars. Although it is a popular through-taillight design today, it is still very family-recognizable.

From the table below, you can see some special configurations of the Turbo model. On the next page, we will enter the car to see what the interior of the new model looks like. It is worth mentioning that the mid-term replacement Porsche Taycan has also made great efforts in lightweight, whether it is the body material or the motor, so the weight of the whole vehicle has been reduced by 15kg.

2 The interior has also changed little, with a focus on the mechanical parts

The interior shape has not changed significantly from before, and it is more reflected in materials, functions, etc. Specifically, the mid-term replacement Taycan will provide a new two-color interior for consumers to choose from. The interior material adds door soft package material for the door. Not only that, but also wireless charging is provided in the car.

The new car has been redesigned for the function display of the in-car instrument. The electronic instrument can display information such as the current charging power of the vehicle and the maximum power supply provided by the infrastructure. In terms of car-machine functions, Apple CarPlay + has been added for the car-machine interconnection. In addition, for the passenger display, a private viewing mode has been added.

In terms of safety configuration, the mid-term replacement Taycan has been upgraded for the assisted driving system, with standard configuration such as reversing image, lane change assistance, traffic congestion assistance, 3D environment simulation display, etc. The other parts have not changed, including the ride space, glass roof, etc. It is still business as usual.

When it comes to air conditioning, the new Taycan has been optimized for the air conditioning system, improving the efficiency of both air conditioning and heating.

针对底盘方面,此次该车最大的升级无疑是拥有与保时捷Panamera相同的底盘悬架系统。从此前的三腔室的空气悬架变成了双阀门减振器的双腔空气悬架,可以实现更快、更灵敏的响应速度以及更高的舒适度。

至于这辆车最大的进化在于平常我们看不到的地方,像是更高的功率,以及升级的电池组。中期改款Taycan整车电池最大充电电流提升了20%,电池重量减少了9kg,总能量密度(高压电池)提升了13%。

此外,新车针对电机也进行了升级,据悉电机重量减少了10kg。动力参数方面,新款Taycan基础版车型最大功率300kW,0-100km/h加速时间4.8s,WLTP工况最高续航678km;新款Taycan Turbo S车型最大功率700kW(超增压模式),0-100km/h加速时间2.4s,WLTP工况最高续航630km。

此次保时捷Taycan也加强在充电方面的体验,官方数据显示,其车辆峰值充电功率可达320kW,仅需18分钟即可从10%快充至80%。配合可靠的热管理系统,在低温环境中的充电时间缩短近一半。另外,保时捷还将提供一些定制化的充电功能,如显示充电站点的开放时间和充电详情等。即使驾驶员不在Taycan车内,凭借My Porsche应用程序也可实现行程规划,如通过App规划充电站点路线并发送至车辆上,并且根据驾驶员实际需求设定出发时间等。

全文总结:

虽然外观改动并不是非常大,但是机械层面的变化可是非常巨大。新款车型有下面四个特色:

● 更高:充电速度增加50kW,最高可达320kW。超过300kW的充电速度可持续长达5分钟,即使在低温下充电性能也不会受到太大影响。

● 较高车速的动能回收最高可达400kW(原为290kW),绝对不浪费一分能源!

● Faster: 0-100km/h can be improved by up to 0.6 seconds. The Taycan Turbo S only takes 2.4 seconds.

Range increased by 35% to a maximum of 678km (WLTP). All Taycan models can charge the battery from 10% to 80% in 18 minutes!

In addition, some configuration information and after-sales information of the Taycan Cross Turisom model were also announced at the launch site, as follows:

This world premiere also lifted the mystery of the Turbo GT model. Compared with the Turbo S, the Turbo GT increased its speed by 25km/h compared to the Turbo S on the Schwedenkreuz section, and the lap speed increased by 26 seconds, which is equivalent to a distance of 1.3km, which means that the taillights can’t even be seen. I don’t know how many Porsche fans will be haunted by this car when it is officially released? How long will it take to pick up the car?

Although the Chinese mainland has not announced the specific price, but the Taiwan region of China has announced the price of the car series, maybe you can calculate the price of the official listing from the price on the other side.

● Turbo GT, Turbo GT Weissach kit models are priced from NT 10.48 million (approximately 2.3961 million RMB).

● The price of the Turbo S model starts at NT $9.25 million (approximately 2.1148 million RMB), which is 810,000 NT $ (approximately 185,100 RMB) higher than the 8.44 million NT $ (1.9297 million RMB) of the 2023 model.

● The price of the Turbo model starts at NT $7.68 million (about 1.7559 million RMB), which is 650,000 NT $ (about 148,600 RMB) higher than the 7.03 million NT $ (1.6073 million RMB) of the 2023 model.

For reference, the price of the 2022 Turbo and Turbo S models in the Chinese mainland market is 1.518 million/1.818 million respectively. It seems that the price increase should be inevitable, obviously, the performance has to pay the price!

The 4th Hong Kong International Talent Summit Forum was held.

The 4th Hong Kong International Talent Summit Forum was held.
Qionggang Talent Cooperation Office unveiled.

Hainan Daily, Hong Kong, December 13th (Hainan Daily, all-media reporter   Shao Changchun) The 4th Hong Kong International Talent Summit Forum was held in Hong Kong on December 13th. The forum specially set up the theme of "Giving full play to the opening advantages of Hainan Free Trade Port and promoting the innovation and development with China characteristics". On the same day, the Qionggang Talent Cooperation Office was unveiled, and relevant parties signed a memorandum on talent cooperation between Hainan Free Trade Port and Greater Bay Area.

This year’s "Fourth Hong Kong International Talent Summit Forum" is based on the theme of "Talent Leading, Innovation Driving, Empowering New Quality Productivity", focusing on consolidating and upgrading Hong Kong’s position as an international financial, shipping and trade center, building a highland for high-end talents in Hong Kong, giving full play to the opening advantages of Hainan Free Trade Port and Guangdong-Hong Kong-Macao Greater Bay Area’s talent cooperation and linkage, and empowering the country’s high-quality development.

In order to further promote the in-depth cooperation between Qionggang and Hong Kong in the field of talents and improve the service level and energy level of talents in the two places, the Qionggang Talent Cooperation Office was officially unveiled at the summit. It is reported that the Qionggang Talent Cooperation Office was jointly established by Hong Kong Talent Group and Hainan Talent Group, and is committed to providing market-oriented and professional services for enterprises and talent exchanges between the two places.

At the meeting, Hainan Talent Group also signed a Memorandum on Talent Cooperation between Hainan Free Trade Port and Greater Bay Area with five associations and societies in Guangdong-Hong Kong-Macao Greater Bay Area to jointly plan and promote a number of talent cooperation projects between Hainan and Guangdong-Hong Kong-Macao Greater Bay Area, push Hainan Free Trade Port and Guangdong-Hong Kong-Macao Greater Bay Area to move in the opposite direction, and help the strategic linkage between the two countries go deeper and deeper.

It is worth mentioning that, in addition to showing Hainan’s situation, development achievements, industrial layout, open and inclusive talent policies and geographical advantages to the guests through the promotion meeting, Hainan Talent Group also brought 44 market entities in our province, with a total of 167 positions, and more than 700 talents needed to recruit talents, of which postdoctoral positions accounted for over 40%. The activity received positive response from relevant institutions and talents in Hong Kong. On the same day, Hainan employers held an intention signing ceremony with representatives of young talents in Hong Kong.