What signal does the central bank’s "interest rate cut" exceed expectations?

The much-watched LPR came in February, and this time, it still exceeded expectations.

On the morning of 20th, the loan market quotation rate (LPR) was released in February: the one-year LPR was 3.45%, which was the same as the previous period; The LPR over five years was 3.95%, which was 4.2% last time, down by 25 basis points. The five-year range significantly exceeded market expectations, the biggest adjustment since the reform of LPR formation mechanism in August 2019.

What does this mean?

Send a signal to promote the stable development of the real estate market.

For this month’s LPR, Dong Ximiao, the chief researcher of Zhaolian, said: The LPR over the five-year period dropped by 25 basis points, far exceeding market expectations, setting the biggest decline since the reform of the LPR formation mechanism in 2019. LPR with a term of more than 5 years is the pricing benchmark for individual housing loans and medium and long-term loans of enterprises and institutions. The sharp and unexpected decline of LPR over five years first sends a strong signal to boost residents’ housing consumption and promote the stable development of the real estate market. After the LPR decreases for more than five years, the interest expense of residents’ mortgage will be reduced, which will help boost residents’ willingness and ability to consume housing. For the existing mortgage, the mortgage interest rate will be adjusted after the repricing date; For new mortgages, it is expected that most banks will keep the increase unchanged on the basis of this LPR, thus reducing the real interest rate of new mortgages.

Chang Yang, chief analyst of the policy team of Zhongtai Securities Research Institute, also believes that since the five-year LPR has a relatively strong correlation with the real estate market, from the early stage, lowering the five-year LPR interest rate is also a part of the combination of demand-side policies in the real estate market. At this stage, the five-year LPR interest rate is greatly reduced by 25 BP, and more policy measures have been intensively introduced around the real estate market recently, which fully reflects the policy intention of interest rate policy to participate in activating the real estate market and promoting a virtuous circle of the real estate market.

Boost confidence in economic recovery

The industry believes that the downward adjustment of LPR at the beginning of 2024 will play an important role in boosting confidence in economic recovery.

The working meeting of the central bank held on January 4 this year once again proposed to reduce financing costs. On January 24, Xuan Changneng, deputy governor of the central bank, said at the press conference of the State Council Office that the interest rate level should be reasonably grasped, and the actual interest rate level should be grasped in a forward-looking manner in combination with the judgment of the future price change trend, so as to keep up with the requirements of realizing the potential economic growth rate.

Zhou Maohua, a macro researcher in the financial market department of China Everbright Bank, believes that the reduction of domestic LPR interest rates and the increase of financial support for the real economy will help stimulate the vitality of the real economy, help the real estate recovery, and accelerate the recovery of consumption and domestic demand. He pointed out that although the one-year LPR interest rate remained stable, the central bank promoted financial institutions to tap the potential of interest rate marketization reform through structural tools, and reduced the financing costs of weak links and key emerging areas in the real economy such as small micro, agriculture, rural areas and farmers.

Dong Ximiao said: The sharp decline in LPR over five years will reduce the medium and long-term loan interest rates of enterprises and institutions, and further stimulate the medium and long-term financing needs of enterprises and institutions. This will be conducive to major national projects and infrastructure construction with a relatively high proportion of long-term loans, and also help to reduce the pressure on local debt interest payments.

Both deposit interest rates and loan interest rates may be further lowered.

Looking forward to the next stage, many analysts and people in the banking industry in Zhejiang believe that there is still room for lowering both the loan interest rate and the deposit interest rate.

The central bank’s monetary policy implementation report in the fourth quarter of 2023 has repeatedly mentioned that it is necessary to continue to promote the implementation of the market-oriented adjustment mechanism of deposit interest rates, urge banks to continuously improve the pricing mechanism of deposit and loan interest rates, and continue to promote the marketization of deposit interest rates to drive down the overall interest rate level.

At the beginning of February this year, the monetary policy implementation report for the fourth quarter of 2023 issued by the central bank mentioned that the interest rate marketization reform should be continuously deepened, the formation mechanism of quoted interest rate in the loan market should be further improved, the market-oriented adjustment mechanism of deposit interest rate should be brought into play, and the comprehensive financing cost of society should be steadily reduced.

TF Securities said that the central bank may continue to promote the reform of deposit interest rate, effectively reduce the cost of banks’ liabilities, so as to ease the pressure on banks’ net interest margin. Although the deposit interest rate of major banks has declined, the average cost ratio of corporate time deposits has increased slightly compared with that of 2021, and the overlapping deposits have become regular (the proportion of demand deposits has decreased from 34.7% at the end of 2021 to 32.7% in 2022), and the average cost ratio of sample bank deposits has not decreased, but increased. Under such circumstances, continuing to promote the marketization of deposit interest rate is a necessary measure to ease the pressure of bank net interest margin.

Dong Ximiao predicted that there is still a lot of room for China’s monetary policy to be implemented. It is expected that in the next stage, the People’s Bank of China will continue to lower the policy interest rate, guide banks to lower the deposit interest rate, promote the continuous downward trend of LPR, further reduce the financing cost of the real economy, and create a more suitable monetary and financial environment for the accelerated recovery and sustained recovery of the economy. In other words, whether it is policy interest rate or market interest rate, whether it is deposit interest rate or loan interest rate, there is still room and possibility for the next step to fall.

According to the tide news

Reporting/feedback

Generative artificial intelligence (AIGC) continues to heat up, lowering the threshold for "beautiful photos"

Generative artificial intelligence (AIGC) continues to heat up, lowering the threshold for "beautiful photos"
9.9 yuan’s set of personality photos all say "good-looking"
The explosion of AIGC application also reflects the increasingly mature application of AI big model technology. Mango TV has begun to organically combine VR (Virtual Reality) content with virtual shooting. The picture shows citizens experiencing VR equipment during the China New Media Conference. Changsha Evening News All-Media Reporter Zhou Shuzhen Photo
Changsha Evening News All-Media Reporter Liu Pan Intern Yang Jie
As long as 9.9 yuan is needed, who can resist the "temptation" of beautiful photos? After ChatGPT, a new AI screen-level application, "Miaoya Camera", was once again on fire, and it still appeared on most people’s favorite selfies. Many users waited in line for several days, which once caused the server to be paralyzed …
It turns out that "Miaoya Camera" is a photo generation tool based on AI technology. After adding a personal front photo, upload 20 photos and pay 9.9 yuan, you can have your own digital avatar; Then, choose different styles in the template, and you can quickly generate personal photo.
In recent years, with the explosion of Generative Artificial Intelligence (AIGC), not only has there been a "storm" on the network platform, but this wave has also begun to sweep across all walks of life related to content production, which has also driven some industries with high digitization and rich content requirements to take the lead in making breakthroughs in scene application. Many Hunan enterprises are actively embracing AIGC and exploring new opportunities for industry development.
An application "Miaoya Camera" is "over the top"
Searching for the discussion about "Miaoya camera" on the Internet, the word with the highest frequency is "good-looking". Most users are also eager to show their good looks on social networks. Therefore, the popularity of AIGC technology has begun to provide a lower threshold for "beautiful photos".
According to public information, the target population of China photo market will exceed 200 million in 2023, and more and more people are willing to pay for personalized photo.
If you take a photo online, consumers usually have to pay a high price. The reporter searched for "photo" keywords on the e-commerce platform, and most shops were divided into 500 ~ 2,000 yuan, 2,000 ~ 4,000 yuan, and then more than 4,000 yuan. Relatively speaking, cutting-edge photography institutions such as "Innocent Blue" and "Hippocampus", which are at the lowest level, still need a price of 200 ~ 800 yuan.
Compared with the high price of stores, "Miaoya Camera" only needs 9.9 yuan to get a set of cost-effective photo, which makes consumers eager to try.
After trying out the program, the reporter found that it is expected to take 4 hours and 15 minutes to generate photos, showing that there are 2076 people in front of them. According to this time and the number of people, each person’s production time is about 10 minutes.
Gao Qi Zhen, a college student, generated her photo and sent it to her circle of friends. She told reporters that many friends in her comment area said that the similarity was very high, and some students said that the appearance was far from each other. On social platforms, many users share the photo generated by Miaoya, and they will attach a sentence: "The photo generated is really beautiful, but it is not quite like me when you look closely."
The explosion of AIGC application also reflects the increasingly mature application of AI big model technology. The reporter found that it is precisely because AIGC can generate data content in different modes quickly and flexibly that it has gradually become a new engine for the innovation and development of digital content.
An emerging application scenario in one direction has been accelerated.
From generating copywriting to painting, composing music, writing papers, and even now, you can produce photos and digital people in two places … With the practical application of AIGC gradually entering the public’s field of vision, it has driven subversive changes in various fields and brought more imagination to the life of every ordinary person.
A number of companies began to compete to enter the AIGC track. For example, Baidu launched "ERNIE Bot", a tool that allows users to obtain interactive search results; Iflytek launched "iFLYTEK Spark", which not only has strong knowledge answering ability, but also helps users to generate high-quality articles and reports.
In fact, in recent years, the application scenarios of artificial intelligence technology in Changsha have also continued to expand. Some industries with high degree of digitalization and rich content demand have also taken the lead in making breakthroughs in scene application.
In the industrial field, Zhongke Yungu uses "big model+industry knowledge" and "big model+multi-AI application" to build an AI "auxiliary cockpit" and realize the application of intelligent management, intelligent scheduling, intelligent production, intelligent warehousing, intelligent diagnosis, intelligent service and other vertical business fields based on big model.
In the medical field, Wisdom Eye released the large model of multi-modal medical artificial intelligence, and adopted the technical route of combining knowledge map with large model. Compared with the simple use of large model technology under the condition of 50 billion parameters, the accuracy of answering medical questions was improved by nearly 10%.
In the field of cultural tourism, Hunan Wenwu Technology has been deeply involved in the innovative research and development of application scenarios of "culture+technology+industry", and the "Digital Virtual Interactive Experience Project of Cultural Relics" created by its team won the first national prize of the "Meta-Universe+Data Application" track of the 2023 World Artificial Intelligence Conference-National Digital Business Competition.
A fertile soil helps cutting-edge scientific and technological achievements take root.
The rapid development of artificial intelligence drives the evolutionary iteration of enterprise products.
The reporter found that in Mango TV’s newly upgraded variety show "Full Acceleration 2023", the game setting of "Accelerated City" was introduced, and VR (Virtual Reality) content was organically combined with virtual shooting. In this regard, the person in charge of multimedia algorithm of Mango TV Intelligent Algorithm Department said that this kind of shooting is the first time in China, and most of the space scenes are drawn by AIGC and then processed by designers, thus greatly improving the production efficiency of products.
Digital man and meta-universe are in the ascendant. When it comes to AIGC, Malanshan has taken the lead. In the 2023 China New Media Conference, there was a summit forum on "AIGC Development and Opportunities" to discuss how the video cultural and creative industry can be deeply integrated with AIGC.
In this regard, Zhou Suyue, chief technical expert of Malanshan (Changsha) Video Creative Park, said that by 2022, Malanshan had formed a complete chain in the field of meta-universe. "The content ecology is AIGC, the infrastructure ecology is a big model, and the blockchain and AI rendering have built a complete ecosystem model." It is noteworthy that the original AIGC production line in Malanshan was awarded the first prize of the State Administration of Radio, Film and Television in October 2022 after it was produced in March 2020.
At the Yuelu Summit of the Internet in 2023, Tobee Wu, Chairman of Wanxing Technology, said that in the AIGC era, the big model will be used as an infrastructure to empower thousands of industries and help the rapid development and iterative launch of software products. Just last month, Wanxing Technology and Xiangjiang Laboratory joined hands to build Web3.0 and Meta-Universe Innovation Research Institute. In the future, the two sides will jointly promote the transformation of talents, technologies and application achievements in key directions such as AIGC and Web3.0.
Algorithms, computing power, data and scenarios are the four major elements of developing AIGC industry. At present, Changsha is making every effort to build a global R&D center city. At present, Changsha has the opportunity to seize the development opportunity of AIGC industry, fully promote the digital economy of Changsha to a higher level, and let more cutting-edge scientific and technological achievements take root by virtue of the advantages of video creative industry scene represented by Malanshan, computing talents represented by Xiangjiang Laboratory and computing power represented by National Supercomputing Changsha Center and Changsha Artificial Intelligence Innovation Center.
Reporting/feedback

New Consumer Weekly | Pinduoduo’s closing market value exceeds Ali; Good shops will cut prices on a large scale; Temu plans to advertise the Super Bowl again.

 

 

[Pinduoduo: The closing market value exceeds Ali, ranking first in the US-China stock market value]

On December 1, as of the close of US stocks, Pinduoduo’s closing market value surpassed Alibaba, becoming the first stock in the US-China stock market. Pinduoduo closed up 4.03% to US$ 147.44 with a market value of US$ 195.9 billion. Alibaba rose slightly by 0.25% to $74.86, with a market value of $190.7 billion. (Source: Interface News)

 

[Aauto Quicker E-commerce: Hold the Double 12 Investment Promotion Conference, and will invest 100 million-level traffic subsidies during the big promotion period]

On November 30th, Aauto Quicker E-commerce held the Double 12 Investment Promotion Conference, which released information on the rhythm of big promotion activities, supporting policies, marketing methods and so on to platform merchants and talents. Aauto Quicker Double 12 Merchants Registration has been officially launched today, and the official promotion period is from December 7 to December 12. Merchants and talents can complete the registration through the "Great Promotion Game Center" of the Aauto Quicker Store Merchant APP. In this year’s Double 12, Aauto Quicker e-commerce will invest billions of flow subsidies and a number of support policies to help Shangda achieve "dual-domain growth" in the content field and shelf field. (Source: Electric Business Daily)

 

[Temu: Plan to advertise the Super Bowl again]

On November 30th, Temu plans to put another 30-second advertisement in the American Super Bowl on February 11th, 2024, which will be the second consecutive year that Temu has appeared in the American Super Bowl. In February this year, Temu quickly became popular in the United States with the slogan of "shopping like a millionaire" in the Super Bowl, which ushered in a surge in traffic and orders. In the following time, Temu continued to advertise on major social platforms in the United States, which once pushed up the advertising prices of major platforms. (Source: Electric Business Daily)

 

[Amazon: During the "Black Five Networks One" period, consumers around the world bought more than 1 billion items]

On November 29 th, Amazon said that during the shopping activities from "Black Friday" to "Cyber Monday" (November 17-November 27), global consumers bought more than 1 billion items on Amazon; Consumers have bought more than 500 million items from third-party sellers in American stations, most of which are from small and medium-sized enterprises. In addition, Amazon also said that as of December 24, new offers will be launched every day. (Source: Electric Business Daily)

 

[Meituan: Revenue in the third quarter was 76.47 billion yuan, and net profit increased by 195.3% year-on-year]

On November 28th, Meituan released its financial report for the third quarter of 2023. The financial report shows that Meituan achieved revenue of 76.47 billion yuan in this quarter, up 22.1% year-on-year, with an estimated revenue of 76.01 billion yuan. In the third quarter, the core local business income was 57.69 billion yuan, and the new business income was 18.78 billion yuan; The net profit in the third quarter was 3.59 billion yuan, up 195.3% year-on-year, and it is estimated to be 2.92 billion yuan. Adjusted EBITDA and adjusted net profit in this quarter increased by 28.9% and 62.4% to RMB 6.2 billion and RMB 5.7 billion respectively. (Source: Electric Business Daily)

 

[Good shops: the largest price reduction will be implemented in 17 years, with the highest drop of 45%]

On November 29th, Liangpin Store issued an open letter to all employees, saying that it would start a new round of reform and return to the image of Liangpin Store next door. According to the good shop, the business side will implement the largest price reduction in 17 years, with an average price reduction of 22% for 300 products, with the highest drop of 45%, mainly focusing on snacks with cost optimization without affecting quality and high repurchase rate. (Source: Red Star News)

 

 

[Malaysia: China tourists will be exempted from visas, and the number of air ticket searches on flying pigs will increase by more than three times]

On November 27th, Malaysia announced that it would implement visa-free entry measures for tourists from China and other countries for 30 days from December 1st. On the day of the announcement, the popularity of air ticket search in Qian ‘ang Malaysia on the flying pig platform increased by more than three times compared with last week.

In the past "Flying Pig double 11 Promotion", Malaysia has become one of the top five popular outbound destinations. (Source: Yibang Power)

 

[Institution: US "Black Friday" online shopping expenditure reached 9.8 billion US dollars]

Adobe Analytics, a data provider, reported that Black Friday shoppers spent a record $9.8 billion on online shopping in the United States. The demand for electronic products, smart watches, televisions and audio equipment boosted online sales by 7.5% year-on-year. Consumers have expanded their budgets by buying first and paying later, with an increase of 72% compared with the week before Thanksgiving. (Source: Interface News)

 

[Report: Amadeus 2024 Travel Trend Release]

Recently, based on the latest data, industry-leading insights and expert analysis results, Amadeus announced the annual travel trend and decoded the expectations of global travelers for the coming year. According to the report, business class fare splitting, increasingly mature artificial intelligence, online celebrity bloggers becoming travel agents, and music performance-driven tourism are gradually forming four major tourism development trends. (Source: Global Travel News)

 

[Tik Tok: Announcement on the review of short plays and small programs, which will take effect on December 13th]

On November 28th, Tik Tok Open Platform released a short play applet review announcement. Tik Tok said that in order to further improve the content quality of short drama applets and ensure the compliant operation of short drama applets, the platform will impose operational restrictions on short dramas that are not put into storage and whose audit results are "unplayable". In terms of content broadcast control, short plays that have not been put into storage and whose audit results are "unplayable" will be restricted in Tik Tok applet, and the standard will take effect on December 13th, 2023 with reference to the General Rules for Content Audit of Network Audiovisual Programs. (Source: Interface News)

 

[Video number: release the brand incentive policy for live broadcast]

On November 29 th, the video number released the incentive policy for live broadcast brands today, which is valid from November 29, 2023 to December 28, 2023. There are four main support policies, namely, cold start support policy, growth support policy, brand benchmarking case support and flow incentive policy. (Source: Electric Business Daily)

 

 

[VERDY, a joint fashion designer of McDonald’s China, held the "BFF Friendship Mai Sui" art exhibition]

On November 22nd, McDonald’s China announced that VERDY, a joint international fashion designer, was inspired BFF」(Best Friends Forever "to launch a joint venture in mainland China.

In addition to co-branding products with neighboring stores, McDonald’s China has also held "BFF Friendship Year of Wheat" trend cultural art exhibitions in Beijing, Shanghai, Guangzhou/Foshan and Shenzhen since November 25th. (Source: Brand Planet brandstar)

Image source: brand

 

[Kudi Coffee will launch its tea brand "Tea Cat"]

Recently, Kudi Coffee announced the launch of its tea brand "Tea Cat", which has launched its first test store in Ningde City, Fujian Province and will be officially listed in January 2024.

According to reports, Tea Cat will focus on the category of healthy milk tea, focusing on fresh milk tea with original leaves, covering pure tea, fresh fruit tea and other products, and the whole product is 8.8 yuan.

At present, there are nearly 6,500 Kudi Coffee stores in the world. As the second category, Tea Cat will give full play to the advantages of Kudi Coffee in scale and systematization, and adopt a joint venture model of sharing risks in expansion. (Source: Brand Sonar)

Image source: brand

 

[Trend sports brand "FILA FUSION" cooperated with TEAM WANG design to hold "DONG" immersive concept show]

On November 28th, the "DONG" immersive concept show jointly organized by FILA FUSION and TEAM WANG design officially kicked off in Shanghai.

The name "DONG" of this concept show means "Dong" and "Dong", hoping to convey the belief power of Movement from the East by re-deconstructing Chinese characters.

The co-branded clothing of the same name will be released this time. This series is inspired by Parkour, which combines fashion perspective, sports style and oriental culture, and mainly promotes the minimalist design style without gender boundaries and multi-scenes. (Source: Brand Planet brandstar)

 

[Xicha launches tea coffee sub-brand "Magpie Coffee"]

Recently, the first store of tea and coffee brand "Magpie Coffee" opened in Shenzhen. According to Tianyancha information, the brand is a sub-brand of Xicha. Dancong tea coffee in Chaoshan is the main coffee base, and there are four classic China tea bases, namely, Chaoshan Wumi Dan Cong, Tongtianxiang Dan Cong, Jasmine and Nuoxiang Pu ‘er, with customized fine coffee beans, three-part tea and seven-part coffee, thus realizing "making western coffee in China". (Source: Win Business Network)

Image source: brand

 

[Xicha and Jingdezhen China ceramics museum launched the first "tea latte"]

On November 28th, Xicha officially announced the joint name of Jingdezhen China ceramics museum, and simultaneously launched a new product: Foxi Tea Latte.

According to reports, the new product pays tribute to Ceng Longsheng’s masterpiece "The Statue of Eighteen Arhats with Color under Glaze". There are three kinds of beverage packages, which are printed with Lohan for meditation, Lohan for crouching tiger and Lohan for joy respectively. (source: FoodTalks)

 

Image source: brand

 

 

[DENTREE, a sustainable theme bar, initiates a workshop on good things transformation]

Recently, DENTREE, a sustainable theme bar owned by Remy Martin Cointreau Group, joined hands with HowBottle, the first sustainable environmental protection co-benefit enterprise in China, to create a workshop of "Good Stories for Good Wine" in Shanghai, so as to establish emotional connection and resonance between people and things and call on more and more people to explore the possibility of "making the best use of things".

During the activity, DENTREE encouraged the public to collect canvas bags and discarded bottle corks that are rarely used in life, and invited consumers and environmentalists to share their environmental protection stories of "making the best use of everything", showing the other side of environmental protection from a brand-new and diverse perspective-the interpretation of integrating sustainable development into daily life, such as bartering, second-hand trading and plastic reduction in life. The unused old things in this workshop will also be properly handed over to professional recycling institutions, and will enter the new recycling system through environmental regeneration, process reengineering and green degradation. (Source: GreenLens)

Image source: brand

 

[zipper manufacturing giant YKK launches zipper compatible with recycling]

Recently, YKK, a giant zipper manufacturer, has introduced a new type of DynaPel™ waterproof zipper, which uses EMPEL® technology instead of standard PU film to realize its waterproofness, aiming at compatibility with clothing recycling system and reducing obstacles from textile to textile recycling.

EMPEL® technology adopts advanced green chemical composition without PFAS and special manufacturing process, so that the chemical composition can penetrate into yarn and wrap it in waterproof layer through molecular crosslinking. Molecules cross-link to form a very durable layer with high wear resistance. (Source: GreenLens)

Image source: brand

 

[Louis Vuitton cooperates with SF Express to start full-link low-carbon logistics]

In November 2023, the French luxury brand Louis Vuitton and SF Group signed a letter of intent for the green and low-carbon strategic service agreement of "Carbon Footprint System and Carbon Footprint Management of Full Link Logistics", and planned to carry out three climate innovations:

Specifically, it includes customizing the carbon footprint platform to cover the whole logistics to track the overall climate performance and low-emission project management; Carry out the footprint analysis of the whole logistics scene, from potential field evaluation to scheme combination design, and accelerate the development progress of green projects; Synchronize the accurate carbon information in the supply chain service scenario between the brand and the logistics, optimize the logistics transportation mode of the upstream and downstream of the brand, and support its supply chain greenhouse gas emission reduction. 

In addition, Louis Vuitton also promotes industry transformation by increasing the use of sustainable aviation fuel. In terms of local road transportation, partners are encouraged to use electric or natural gas vehicles. (Source: The Paper)

 

[Starbucks opens its first green store in Taiwan Province]

Recently, Starbucks officially opened its first "green store" in Taiwan Province. The new store meets the 25 standard indexes of Starbucks’ "Green Store" certification system, and it is also the first store in Taiwan, China market equipped with electric vehicles and charging piles. It also introduces graphics tablet signs to achieve environmental protection goals such as reducing carbon emissions, recycling water resources and energy-saving appliances. (Source: worldcoffeeportal)

 

"Sniper" exposes new notices to show the wisdom of the volunteers to resist US aggression and aid Korea.


1905 movie network news The first Spring Festival movie released a tactical preview. The film is based on the "Cold Shot and Cold Gun Movement" during the War to Resist US Aggression and Aid Korea. It is the first film in China that focuses on snipers to resist US aggression and aid Korea, and it is the first time to show the special warrior group of volunteer snipers with courage and wisdom. In the forecast, the volunteer sniper squad of Class Five fought against the enemy elite sniper squad in the hard and extremely cold battlefield. In order to rescue the comrades and protect the intelligence, generate, a soldier of Class Five, showed outstanding Chinese sniper fighting wisdom and indomitable fighting spirit, adopted the tactics of taking retreat as the first step and winning more with less, and "winning the battle force with tactics" in the desperate situation of the disparity between the enemy and our armed forces, fighting bloody battles for the lofty goal of defending our country. The film will be shown nationwide on the first day of the lunar new year.

Volunteer sniper teams have excellent combat quality and frequent surprises.

The disparity in armament strength between the enemy and ourselves skillfully uses Chinese style to attack the "counter-attack" of the desperate wisdom.  


The latest "Tactical Edition" of the movie Sniper begins with an endless picture of the snow battlefield to resist U.S. aggression and aid Korea. The squad leader Liu Wenwu (ornaments) leads the sniper class five soldiers to launch a life-and-death confrontation with the enemy elite sniper squad. "Planes, artillery, tanks, devils have everything, but we have nothing." Faced with the overwhelming equipment superiority of the enemy, the volunteer sniper team gave full play to the Chinese sniper wisdom, and used "acting skills" to attract the enemy to fire and expose its position, then took a reverse aim and pulled the trigger, killing the enemy sniper with one blow; In the face of unfavorable sniper angle, "catching ducks on the shelves" takes turns to attack, forcing the enemy to go to war, aiming at the opportunity to attack its key points; In the case that our war situation is backward, we should save our strength at the right time, build up our strength, and adopt "strike after the enemy" to win by surprise.


Behind these simple and vivid tactical names, there is a tense and fierce competition for life and death. Seeing that the volunteers were about to gain the upper hand, the frustrated American army decided to use force to suppress it, and fired tanks and cannons, threatening to "consume energy and kill you." China snipers are United as one, never flinching in the face of intensive artillery fire, and their determined eyes are full of determination to "go all out" with the US military. The tactical wisdom highlighted in the details of the trailer and the magnificent battle scenes complement each other, depicting the excellent combat quality of the snipers. In such a difficult battlefield, the snipers of the volunteer army frequently resorted to strange tricks with simple weapons, rescued their comrades-in-arms with "tactical victory" to protect information, and defended the national dignity with "gas and steel", both "to the end" and "to win", which truly restored the three-dimensional image and fearless sacrifice of the China Volunteers.


Zhang Yimou was moved to tears when the studio shouted "To".

Sniper’s powerful team is trusted by the audience.


At the end of the preview of the release of Sniper, the company commander played by Zhang Yi led the snipers to shout out "Class Five, here!" The slogan, this patriotic feeling of death touched thousands of viewers. A few days ago, "Sniper" exposed the behind-the-scenes tidbits of this group of shots. Zhang Yi, with his ten-year veteran’s personal experience, led the young actors to ponder over the emotions when they shouted "to" in unison repeatedly, and kept improving in numerous exercises. Finally, this forceful "to" shouted out the momentum of the China Volunteers, which moved Director Zhang Yimou and many studio staff to tears.


At the same time as the tactical preview was released, the film also exposed a poster. On the poster, in the battlefield of ice and snow, the close-up posture of the sniper holding a telescope for reconnaissance occupies the main body of the poster, and all of them are hidden in white ice and snow, showing the characteristics of sniper ambush hiding. The gunfire hidden on the telescope lens vaguely reflects two sniper rifles facing each other. From the details of the sniper rifles, we can also see the disparity in armaments in the War to Resist US Aggression and Aid Korea — — Use a rifle against a sniper rifle. However, under such a difficult situation, a group of "sharpshooters" emerged among the volunteers, and achieved impressive results in the "cold gun and cold gun movement", giving heavy casualties to the enemy, and frequently using tactics to win the battle to defend national dignity and protect the peace of the country.


In addition, the stalwart and Chinese-style sniper wisdom of the volunteer soldiers shown in the movie Sniper also deeply infected the majority of netizens. Some commentators said that "I couldn’t help crying when I saw it", "It really reflected the spirit of China soldiers" and "one of the few in-depth and accurate descriptions of the volunteer army’s combat wisdom", and they all expressed their great expectations for the film’s Spring Festival release. In order to create an all-round image of young sniper soldiers who are close to the real history of the War to Resist US Aggression and Aid Korea, except Zhang Yi (as the company commander) and Zhang Yu (as the squad leader), all the soldiers of the "Sniper Class 5" are performed by new actors and undergo strict closed military training before starting the machine. Zhang Yi’s careful guidance to young actors on the set also brought "reassurance" to the audience. Some netizens said that "you can always trust Zhang Yimou and Zhang Yi", and they were full of confidence and expectation for Sniper’s coming to the big screen.


The film Sniper is directed by Zhang Yimou and co-directed by Chen Yongsheng, Zhang Yu, Liu Yitie, Huang Yan, Wang Ziyi, Chen Mingyang, Wang Naixun, Cheng Hongxin, Zhang Yi and Lin Boyang. On the first day of the New Year’s Day in 2022, let’s walk into the cinema and pay tribute to the "loveliest person" on the battlefield to resist US aggression and aid Korea with the bright lights in peacetime, not forgetting the coldest gun and not bearing the hottest blood.


Zhijiang makes the needs of special people "worry-free"

"I thought that without a smart phone, pension qualification certification would be very troublesome. I didn’t expect that after reporting to the’ can’t do something’ reflection desk, the staff patiently explained it to me and used their mobile phones to operate it. It took me less than 5 minutes to complete the certification. It seems that there is really no’ impossible thing’ here. " On July 5th, in the government service hall of Zhijiang Dong Autonomous County, Xiang Haisong, a 75-year-old villager from Qiangongniu Village of Sandaokeng Town, spoke highly of the staff’s efficient and meticulous service after completing the pension qualification certification.

With the most intimate service, let the most needy people "do things well and do good things well". This year, Zhijiang has combined the study and education of party history with the practical activities of "I do practical things for the masses", focusing on special people. In the county government affairs service hall, there are reading glasses, magnifying glasses, love wheelchairs, emergency medicine boxes and other convenient facilities, and the staff of the "help-help" work team guide special people to handle business all the time. In the special areas of "one thing at a time", people’s society, taxation, medical insurance, real estate registration center, etc., special windows for caring for the elderly and the disabled are set up to provide more accurate services for special people.

According to the person in charge of Zhijiang Government Affairs Service Hall, the county has introduced 10 measures to facilitate the elderly, the disabled and other special groups to do things, namely, improving barrier-free facilities, establishing a "love-only area", setting up a "green channel" for doing things, providing agency services, enriching offline processing channels, improving online service capabilities, implementing active door-to-door services, retaining cash payment methods, opening a "impossible" response desk, and improving the efficiency of service to ensure the elderly and the disabled. Up to now, it has provided "one-on-one" agency services for special groups such as the elderly and the disabled for more than 2,000 times. (Reporter Lu Jiajun correspondent Gong Weiguo Wang Jinyu)

Tonight, the car circle is heavy! Big news from BYD

  (Original title: Tonight, the car circle "exploded"! BYD big news)

  () Dropped another "blockbuster" in the car circle.

  On the evening of February 10th, BYD held an intelligent strategy conference in Shenzhen headquarters to release the "Eye of God" advanced intelligent driving system.

  Wang Chuanfu, chairman and president of BYD, said at the press conference that BYD will accelerate the popularization of smart driving and achieve full coverage of high-level smart driving through the national smart driving strategy.

  Institutions generally believe that BYD’s intelligent transformation is of great significance. The company is expected to fill the shortcomings and consolidate its leading position in new energy, and at the same time bring about heavy demand for core components, benefiting core companies in the industrial chain.

  Prior to this, BYD and related concept stocks in the secondary capital market have heard a big rise.

  BYD released the advanced intelligent driving system "Eye of God"

  At present, the biggest obstacle to the popularization of smart driving is the high price, and most consumers have no chance to contact smart driving.

  Wang Chuanfu, chairman and president of BYD, said at the BYD Intelligent Strategy Conference on the evening of February 10 that BYD will accelerate the popularization of intelligent driving and achieve full coverage of high-level intelligent driving through the national intelligent driving strategy.

  The advanced intelligent driving system "Eye of God" has been officially released, which is divided into three versions, among which Eye of God A is a three-laser version, which is mainly used in Wangwang brand, Eye of God B is a laser version, which is used in Tengshi, BYD and other brands, and Eye of God C is a three-eye version, which is mainly used in BYD brand.

  All BYD models will be equipped with the "Eye of the God" high-level intelligent driving, with 100,000 and above as standard, and most of them are equipped below 100,000. The first batch involves 21 models.

  In terms of specific functions, Wang Chuanfu said that the "Eye of the Gods" advanced intelligent driving can realize the whole process of high-speed 0 takeover. In the aspect of parking, the advanced intelligent driving system can realize automatic parking, remote parking and parking service.

  Regarding the rumor that "BYD doesn’t pay attention to smart driving", Wang Chuanfu said that there is misunderstanding in the outside world. BYD first proposed that electrification is the first half and intelligence is the second half in 2018.

  Combing the recent timeline of BYD’s intelligentization, it is not difficult to find that in early 2024, in order to promote the development of the intelligentization field, Wang Chuanfu said that BYD will invest 100 billion yuan to realize the comprehensive intelligentization of the whole vehicle and win the technical discourse right in the future. In January, 2024, BYD Xuanji architecture was released; in April, the function of parking service was launched; in December, "Eye of the Gods" was launched nationwide to pilot cities without maps.

  Wang Chuanfu also said that buying a car to see smart driving in 2025 will become an indispensable configuration in the next 2-3 years.

  In response to BYD’s smart driving strength, Wang Chuanfu said that the smart driving of the whole people has three strengths, one is the largest car cloud database, the other is the largest smart driving R&D team, and the third is the largest new energy vehicle manufacturing system. Yang Dongsheng, the general manager of BYD Smart Drive, said that "Eye of God" ranks first in the world, and drives the whole stack to conduct self-research.

  Regarding the recent popularity of DeepSeek, Yang Dongsheng said that the vehicle intelligence "Xuanji Architecture" will be connected to the Deepseek-R1 model to enhance the AI capabilities of the vehicle and the cloud.

  Significant

  The release of the advanced intelligent driving system marks an important step for BYD in the field of intelligent driving, and almost every user can enjoy the convenience of advanced intelligent driving.

  CITIC Securities believes that BYD’s move is of great significance. In 2025, the company will usher in a large cycle of intelligent vehicles, and the penetration rate of smart driving is expected to increase. Open source securities believes that BYD’s intelligent efforts are expected to fill the shortcomings and consolidate its leading position in new energy. The "Eye of God" advanced intelligent driving system has been iterated to BAS 3.0+ superhuman assisted driving, and BYD intelligent driving has a high probability of catching up.

  In 2024, BYD Auto sold 4.27 million vehicles worldwide, up 41% year-on-year, making it the fifth largest car company in the world and the largest car company in China.

  BYD’s entry into smart driving is undoubtedly a heavy car market. Smart driving technology has landed in low-priced models, which means that smart driving is no longer exclusive to high-end models, which will intensify the fierce competition among intelligent car companies, which will not only change the ecology of the car circle, but also have a great impact on industrial chain companies.

  At present, the penetration rate of new energy has exceeded 50%. Under the background of the increasingly fierce competition in electrification and the acceleration of the smart driving industry, auto companies have begun to focus on high-end smart driving, hoping to help their sales further increase with intelligence.

  () Securities believes that 2025 will be the key node for smart driving to achieve leap-forward development, and global car companies will accelerate the layout of high-end smart driving tracks.

  Domestic brands such as HarmonyOS Zhixing, Tucki and Ideality have achieved intelligent driving technology in high-end models.

  In addition, Tesla said at the recent performance briefing that in June this year, it will launch a fully automatic driving (FSD) version in Texas, USA, which does not require the supervision of human drivers, and actively promote the intelligent driver-assisted driving system (driver-supervised version) to enter the European and China markets in 2025. Its revolutionary driverless taxi Cybercab is expected to be put into mass production in 2026.

  Concept stocks take off early

  BYD’s intelligent transformation is of great significance, and the growth of market demand for related industrial chain links will undoubtedly bring growth in areas including chips, intelligent driving platforms and in-vehicle sensing systems.

  Intelligent driving and equal rights BYD company’s intelligent driving level has accelerated, and at the same time, it has brought about a heavy demand for core components, benefiting core companies in the industrial chain.

  Before the conference, BYD and related concept stocks had heard a big rise.

  BYD A shares had a rare daily limit on February 6th, and the share price rose continuously in the past three days, with the latest share price approaching a record high. BYD’s H-share price once hit a record high on February 7th.

  In terms of Hong Kong stocks, BYD Electronics rose nearly 20% on February 6, and the stock prices of sagitar Juchuang, Horizon Robot, Shunyu Optical Technology and other related companies all rose.

  In terms of A-shares, related companies such as () and () have gone out of three consecutive boards, and Jingwei Hengrun, (), () and () have followed suit.

  Huatai Securities expects that the global smart driving market is expected to maintain rapid growth in the next few years. Assuming that BYD’s smart driving penetration rate reaches 40% in 2025, it is estimated that BYD’s market size in this field is expected to reach 11 billion yuan. In addition, with the improvement of policy support and consumer acceptance, the overall penetration rate of the industry will be further improved, creating a broad growth space for upstream and downstream enterprises.

  Guolian Minsheng Securities believes that BYD, as a leader, is expected to accelerate the follow-up of other independent brands, and the smart driving industry is expected to usher in a real acceleration moment.

  In terms of specific industries, the smart driving industry is accelerating, and OEMs are expected to gain value-added income from autonomous driving software. The pursuit of better smart driving function experience and safety has become the direction of OEMs’ continuous efforts, and car companies with leading technology and cash sales will benefit more. In terms of parts and components, the demand for perception, decision-making and execution is fully released, including lidar, camera module (lens), domain controller, intelligent driving chip, brake by wire, steering by wire, high-speed connector, etc. High-quality enterprises in the industrial chain are expected to benefit from this round of industrial trends.

  "2025 is the stage of popularization of basic intelligent driving experience." () It is believed that the main line of investment is that the smart driving label can be recognized by the market, thus boosting the sales of car companies, further stimulating consumers’ willingness to buy in the sinking price segment, and at the same time driving the corresponding sensor kits to increase in volume, and the business ecology is expected to usher in an inflection point.

  In 2025, the implementation of the old-for-new policy for passenger cars runs through the whole year, the total number of cars is supported, and intelligence enters the turning point, and some complete vehicles are expected to continue to benefit from it.

The latest financial data of the central bank is released! The agency said that it needs mortgage to continue to cut interest rates to stabilize financing demand.

China Business Daily (Reporter Wang Tongxu)The financial data released by the central bank in March recently showed that the stock of social financing scale at the end of March was 390.32 trillion yuan, up 8.7% year-on-year. The balance of broad money (M2) was 304.8 trillion yuan, up 8.3% year-on-year. The balance of RMB loans was 247.05 trillion yuan, a year-on-year increase of 9.6%. In the first quarter of this year, the scale of social financing increased by 12.93 trillion yuan, 1.61 trillion yuan less than the same period of last year.
Haitong Securities Research Report said that on the whole, the growth rate of social financing stock dropped to 8.7%, and the year-on-year growth rate of M2 dropped to 8.3%, which needs further repair. Judging from the financing breakdown in March, the issuance of government bonds still needs to be accelerated; Corporate financing needs to be boosted; Residents’ loans have turned into positive growth, and it is necessary to continue to cut interest rates on mortgages to stabilize financing demand.
In Pingqing Village, Wenchang Street, Dongkou County, Shaoyang City, Hunan Province, bank staff used the mobile credit system to handle farmers’ credit loans for villagers. (Image courtesy of CNSPHOTO)
Direct financing has improved significantly.
In March this year, China’s new social financing was 4.87 trillion yuan, a year-on-year decrease of about 514.2 billion yuan. At the end of March, the stock of social financing scale in China was 390.32 trillion yuan, up 8.7% year-on-year. In terms of growth rate, it was 0.3 percentage points lower than 9% at the end of February.
According to China Bank Securities, although the social financing increased slightly year-on-year, there were bright spots in the structure, and off-balance-sheet financing and direct financing improved significantly. The year-on-year decrease in social financing was mainly due to the decrease in RMB loans and government bond financing. However, the upward speed of trust loans and corporate bond financing accelerated, and the undiscounted bank acceptance bills increased year-on-year. In the case of weak traditional on-balance-sheet loans, some funds are coming out of the balance sheet, and direct financing is gradually increasing, while government bond financing is slowly affected by the issuance rhythm.
Wen Bin, chief economist of China Minsheng Bank, said that the net financing of government bonds in March was 464.2 billion yuan, a year-on-year decrease of 137.3 billion yuan, and the issuance pace was relatively slow. Corporate bond financing increased by 125.1 billion yuan to 460.8 billion yuan year-on-year under the seasonal effect and the sharp decline in bond market interest rates, which boosted social integration. With the accumulation of favorable factors such as the steady expansion of credit, the issuance of special government bonds and the acceleration of local debt issuance, the growth rate of social financing is expected to gradually rise, and March may be the low point of the year.
Continuous optimization of credit structure
The data shows that at the end of March, the balance of RMB loans in China was 247.05 trillion yuan, a year-on-year increase of 9.6%; The stock of social financing scale was 390.32 trillion yuan, up 8.7% year-on-year; The broad money balance was 304.8 trillion yuan, up 8.3% year-on-year.
Although compared with the same period of last year, new loans in the first quarter of this year increased by more than 1 trillion yuan less, it is still the second highest level in the same period of history. The industry believes that this is mainly affected by factors such as the high base in the same period last year and the balanced credit supply of financial institutions.
Specifically, RMB loans increased by 9.46 trillion yuan in the first quarter. By sector, household loans increased by 1.33 trillion yuan. Among them, short-term loans increased by 356.8 billion yuan and medium-and long-term loans increased by 975 billion yuan. Judging from the monthly data in March, RMB loans increased by 3.09 trillion yuan.
Everbright Securities previously predicted that after the Spring Festival holiday, the effective demand for credit will be repaired slowly, and the operating efficiency of existing loans will be improved under the arrangement of "revitalizing the stock", and the credit supply intensity in March will be weaker than that in the same period last year.
Data show that in the first quarter, corporate loans increased by 7.77 trillion yuan, accounting for over 80% of all new loans.
"In the first quarter of this year, the proportion of bank credit to new credit in the whole year generally converged significantly compared with the same period last year." Lian Ping, chairman of the Forum of China’s Chief Economists, said that this year, the People’s Bank of China demanded a more balanced credit supply. In fact, it extended the loans that were excessively high in the previous quarter to the following month to provide stable and balanced credit support for the real economy.
Experts said that under the incentive of structural monetary policy tools, the credit structure of commercial banks will further accelerate adjustment and optimization. At the same time, direct financing, which is more suitable for the development of new kinetic energy such as scientific and technological innovation, needs to be accelerated to promote a more balanced development of the bond and credit markets.
Fiscal policy will be further strengthened.
The macro Li Chao team of Zheshang believes that the first quarter is often prone to excessive credit supply. At present, with the effect of the credit smoothing policy appearing, it is expected that the credit will increase in most months from the second quarter to the end of this year, which will support the credit, social financing and M2 data. In the future, the issuance and use of government bonds will also strengthen the social financing and M2 data respectively. It is expected that the two will fluctuate and rebound in the second half of this year to achieve "matching" with economic fundamentals.
Haitong Securities believes that government bond financing may accelerate in the second quarter, which will help to stimulate supporting financing such as infrastructure; There may also be marginal improvement in manufacturing investment and financing. On the one hand, the central bank has launched 500 billion yuan of scientific and technological innovation and technological transformation refinancing, and the investment related to equipment renewal is expected to accelerate; On the other hand, the short-term export performance is still resilient, and the profits of industrial enterprises are also increasing continuously year-on-year, supporting the performance of manufacturing industry. However, the pressure of the real estate industry is still going on, and it needs active policy care.
Looking forward to the next stage of policy measures, Wen Bin said that the proactive fiscal policy will be moderately strengthened, and the issuance of 1 trillion yuan of ultra-long-term special government bonds and local bonds will be accelerated, which will form a strong support for the growth rate of social integration; Steady monetary policy is accurate and effective, and there is still room for lowering the RRR and cutting interest rates. With the support of structural monetary policy tools, the "five big articles" and reasonable consumption financing needs will be more targeted; Vigorously promote large-scale equipment renewal and consumer goods trade-in action plan, smooth production and consumption, promote investment and steady growth.
Reporting/feedback

Well-known hot pot restaurants were exposed to using "swill oil" and "undercover" to shoot videos to find evidence.

  CCTV News:Food safety is an old topic. A well-known hot pot restaurant in Chongqing was exposed by the media and directly served "swill oil" to guests. Not long ago, this store was rated as "assured hot pot restaurant", but it is here that guests are likely to eat "swill oil" which is the same as the waste oil.

  A month ago, Mr. Deng, a citizen of Chongqing, had a stomachache after eating hot pot at the captain’s theme hot pot Beicheng Tianjie store, and he suspected that there was something wrong with the hot pot oil. In order to find evidence, Mr. Deng invited someone to go undercover in this hot pot restaurant, and found that the store actually used "swill oil" as the bottom material of the hot pot. The live video provided by Mr. Deng clearly recorded the scene in the kitchen of the captain’s hot pot restaurant.

  According to the photographer, this video was taken in the kitchen of Beicheng Tianjie Store, Chongqing Captain’s theme hot pot, during the peak dining period on the evening of December 17th, 2017. The video shows that a waiter carries a pot of eaten hot pot oil, part of which is poured into a big iron bucket and the other part into the garbage can next to it. Subsequently, a waiter brought a pot of leftover hot pot oil and put it on the edge of the hot pot basin with a hot pot grid to prevent the vegetable residue at the bottom of the pot from falling into the iron bucket. Every time hot pot oil is poured into the vat, the master next to it will use a colander to salvage the floating objects inside. Finally, the chef directly scooped the hot pot oil recovered from the big iron bucket into a clean pot next to it for weighing, and the waiter took the bottom of the pot from here and walked into the restaurant lobby.

  The hot pot restaurant involved was once recognized as "assured hot pot restaurant"

  The reporter looked up official website, the theme hot pot of Chongqing Captain, and saw that this company has more than 20 direct stores, 8 cooperative stores and more than 100 franchise chain stores, which are distributed in 16 provinces, autonomous regions and municipalities such as Chongqing, Sichuan, Shandong, Henan, Shaanxi and Hubei. The reporter inquired about the website of Chongqing Hot Pot Association and found that on November 4, 2017, Chongqing Hot Pot Association, together with the Commercial Committee, Food and Drug Administration and other departments, identified the first batch of "assured hot pot restaurants" in Chongqing, and the captain’s theme hot pot Beicheng Tianjie store was among them.

  After the video was exposed on January 10th, on January 11th, Chongqing Niannianhao Food Culture Company, which belongs to the hot pot restaurant involved, apologized to consumers through the media, and issued a notice in official website, saying that on the day of the incident, relevant functional departments immediately inspected the hot pot restaurant involved and are currently waiting for the test results. At the same time, the company ordered the captain’s theme hot pot Beicheng Tianjie store to suspend business for rectification, conduct a comprehensive investigation, and organize all stores to investigate immediately. On the afternoon of January 12, the reporter came to this hot pot restaurant and found that it was still open and customers came in and out. At about 7: 00 pm on January 13th, the gate was closed, and a notice board for power outage maintenance was posted at the door. On January 14, the reporter came to the office of Chongqing Niannianhao Food Culture Co., Ltd., which belongs to this hot pot restaurant, and got this reply:

  Staff of Chongqing Niannianhao Food Culture Co., Ltd.: "Before handling it, it can only show that we have no problem, and it is no problem for us to check."

  journalist: "If there is no problem, how can we rectify it?"

  Staff of Chongqing Niannianhao Food Culture Co., Ltd.: "It’s not a rectification. This situation has caused many negative effects on our brand, so we will apologize."

  The hot pot restaurant suspected of using recycled oil has been seized.

  On January 14th, the hot pot restaurant was sealed by Jiangbei Branch of Chongqing Food and Drug Administration. At present, the local food and drug supervision and public security departments are conducting further investigations on the hot pot restaurants involved.

  The store involved collects the pot bottom fee. Legal person: involved in fraud

  During the interview, the reporter learned that Chongqing Captain’s theme hot pot Beicheng Tianjie Store will charge a pot bottom fee ranging from 38 yuan to 58 yuan. The legal person believes that if the competent department determines that the use of "swill oil" is established, in addition to violating relevant food safety regulations, the hot pot restaurant involved also constitutes fraud. Legal sources believe that in addition to alleged fraud, the hot pot restaurant involved also violated the relevant provisions of the Food Safety Law.

  "Undercover" found that many hot pot restaurants used "swill oil"

  This hot pot restaurant is not the only one that uses "swill oil". The food and drug supervision department of Chongqing has accepted the report that three other stores are suspected of using "swill oil". The reporter learned that the exposed picture in the kitchen of Chongqing Captain’s theme hot pot Beicheng Tianjie store was taken by the person in charge of a local legal consulting company who arranged for "undercover" to enter the store and worked for five and a half days. He arranged a total of "undercover" 12 hot pot restaurants. At present, he has mastered the relevant evidence of the other three stores suspected of using "swill oil" and reported it to the Chongqing Food and Drug Administration, and has received three acceptance notices.

  There is no technical testing standard for "swill oil", so it is difficult to investigate the law enforcement.

  China’s food safety law clearly stipulates that it is forbidden to produce and operate food produced with recycled food as raw materials; At the end of last year, Chongqing Hot Pot Association also issued the "Business Standard", which made it clear that the soup or soup oil consumed by customers should not be recycled for the processing of hot pot bottom materials or soup materials.

  Chen Honggang, Deputy Director of Jiangbei Branch of Chongqing Food and Drug Administration:“‘ Hogwash oil ’ Recycling is a very difficult matter for law enforcement investigation, because the first industry is relatively hidden, and the second industry is indeed more difficult for us to obtain evidence, which is often a single oral evidence. Sometimes the evidence is relatively thin when judicial strikes are carried out. At present, there is no detection method and evaluation standard for the oil recovered from hot pot. For example, if it is found to be unqualified, such as peroxide value, such as some heavy metals exceeding the standard, it can only be said that it does not meet the national food safety standards, but this result cannot be said that he used ‘ Hogwash oil ’ 。”

  Expert: increase punishment and establish scientific management means

  In this regard, legal experts suggest that the penalties for business violations should be increased and the illegal costs should be increased. At present, according to relevant laws and regulations, the general administrative penalty is 100,000 to 150,000 yuan, which is not enough. At the same time, scientific management methods should be established in daily supervision.

  Wu Ruqiao, Associate Professor and Doctoral Supervisor of Chongqing University Law School.: "All hot pot operators must install relevant monitoring equipment in the kitchen, and install display instruments on every desktop or in the lobby, so that all consumers can see the operating procedures and procedures of the kitchen behind them. I think this can be pushed away. It is definitely good for promoting the development of Chongqing hot pot industry. "

"Golden Finger" issued a notice that Tony Leung Chiu Wai played a counterattack against Daxie’s tens of billions of lives


1905 movie network news According to the film adapted from the real case that caused a sensation in the world, the "Born for My Wealth" version was released, and Cheng Yiyan’s predicament when he first entered Vanity Fair was in sharp contrast with his extreme extravagance after he counterattacked and became a billionaire. The arrogant attitude of grasping wealth by hook or by crook and playing with the market at the palm of one’s hand makes this role image vivid and three-dimensional.


In the film, the poor boy Cheng Yikan opened his "golden finger" with empty gloves and a white wolf, which led a wave of wealth collection that affected the whole world. Liu Qiyuan (ornaments), senior investigation director of ICAC, was keenly aware of the huge network behind Cheng Yikan’s words and began to trace it for fifteen years. The film was written and directed by Huang Bin, with Tony Leung Chiu Wai and Andy Lau as the leading actors,,,,, Pacific Insurance as the leading actors and friendship as the leading actors.


Do whatever it takes to collect money, and reveal the inside story of poor and poor boys making billions and getting rich.


After arriving in a foreign land, Cheng Yiyan was determined to "turn over", but he repeatedly ran into a wall and found it difficult to make a living. From the time when he was poor and white, he put all his money into the venture, to the success in various vanity fairs, and then to the strategy of manipulating the global network of contacts, Cheng, the "chosen son", used Qian Shengqian by hook or by crook to boldly play the game in the face of opportunities, from penniless to tens of billions, and became the top boss in absolute monarch. However, Cheng Yiyan’s desire and ambition are far more than that. In this money game, everyone can be his pawn … … In the middle of the trailer, a bloody face is still mad and laughing, which makes people shudder and think about it. At the end, the line "I can sit in this position and think I eat for nothing" is a confession, which shows its unfathomable arrogance and sin.


I people’s extreme contrast challenges E people’s role Tony Leung Chiu Wai’s energy burst into "sweating"


Tony Leung Chiu Wai, the "Golden Rooster" who just won the Golden Rooster Award in the 36th Chinese film, has dedicated countless classic characters with distinctive personalities to the audience since his filming. In the film Golden Finger, Tony Leung Chiu Wai’s outgoing "Cheng Yiyan" is different from all his previous roles. On the surface, Cheng Yiyan in the film tries his best to buy people’s hearts, but he plays with people’s lives at will. His eyes are always flashing with desire and madness for money, which is quite different from Tony Leung Chiu Wai’s introverted "I-person" personality. Director Zhuang Wenqiang once said in an interview that he came to Tony Leung Chiu Wai’s dressing room after the shooting and found that his costume had been completely soaked with sweat, and he said with emotion: "This role that requires a lot of performance is actually very energy-consuming." Tony Leung Chiu Wai also mentioned: "I have never tried to present a role in such an exaggerated way and such an exposed performance." Tony Leung Chiu Wai’s understanding and devotion to this role can be seen. Coupled with this cooperation with old friend Andy Lau after 20 years, it has ignited the expectations of countless fans.


The film Goldfinger will be released simultaneously in China, Hong Kong, China, Macao, China, Taiwan, China, Singapore, Malaysia, Australia, New Zealand, Britain, the United States, Canada and other countries and regions on December 30th.


House prices in 100 cities rose for 12 months, and the inventory scale in 70 cities fell overall.

  On the 31st, China Index Academy released the residential price index of 100 cities in July. In that month, the average price of residential buildings in 100 cities showed a "double rise" for the 12th consecutive month, and the increase rates both expanded. At the same time, the latest inventory data released by Yiju Research Institute shows that the overall scale of residential inventory in 70 monitored cities continues to decline, with 20 cities facing "inventory shortage" in the second half of the year. Based on the changes in inventory and house prices in the first half of the year, industry analysts believe that there will be obvious differentiation in house prices in different cities in the second half of the year. Based on this, local regulatory policies will pay more attention to differentiation, and some hot cities will be further strictly controlled, and the price increase will also face a callback.

  Heating up 100 cities, housing prices have "double rise" for 12 consecutive months.

  According to the survey data of all samples of newly-built houses in 100 cities across the country by Central Reference Institute, in July 2016, the average price of newly-built houses in 100 cities across the country was 12,009 yuan/square meter, up 1.63% from the previous month, with an increase of 0.31 percentage point over the previous month.

  Judging from the number of rising and falling cities, 66 cities rose month-on-month, 30 cities fell month-on-month, and 4 cities were flat. Compared with last month, the number of cities whose prices rose month-on-month decreased by 7, among which 29 cities increased by more than 1%, a decrease of 1 from last month; The number of cities whose prices fell month-on-month increased by 8, including 2 cities with a decline of more than 1%, a decrease from last month.

  On a year-on-year basis, the average price of residential buildings in 100 cities nationwide (newly built) increased by 12.39% compared with the same period of last year, with an increase of 1.21 percentage points over the previous month. According to the median calculation, the median price of housing in 100 cities (newly built) in China is 7121 yuan/square meter, down 0.27% from the previous month and up 1.83% from the same period last year.

  In addition, the average price of residential buildings (newly built) in ten major cities such as Beijing and Shanghai in July was 22,945 yuan/square meter, up 2.20% from the previous month, with an increase of 0.68 percentage points over the previous month. Among the top ten cities, Chongqing (the main city) and Guangzhou decreased by 0.35% and 0.16% respectively, while the other eight cities increased, among which Shanghai rose by 2.93%, ranking first.

  It is worth mentioning that, compared with last July, the housing prices in the top ten cities increased by 17.19% year-on-year, with an increase of 1.21 percentage points. Except Chengdu, the other nine cities in the top ten cities are on the rise year-on-year. Among them, Shenzhen rose 41.15%, ranking first; Nanjing, Shanghai and Wuhan rose by more than 20%; Beijing, Tianjin and Hangzhou increased by 10% to 20%; Guangzhou and Chongqing (the main city) rose within 10%.

  On the whole, the average price of residential buildings in 100 cities increased in July, both month-on-month and year-on-year, with the month-on-month increase for 15 consecutive months and the year-on-year increase for 12 consecutive months.

  Pressure in the second half of the year, 20 cities ushered in "inventory shortage"

  In the first half of 2016, major cities across the country actively destocked, and the effect gradually became obvious. On the 31st, the residential inventory report of 70 cities in China released by Yiju Real Estate Research Institute pointed out that the inventory scale of 70 cities continues to decline and the destocking cycle continues to accelerate. The ratio of storage to sales in some cities is far less than 8 months, which reflects the fact that the inventory is seriously insufficient.

  By the end of June 2016, the total inventory of new commercial housing in 70 cities monitored by the think tank center of Yiju Research Institute was 431.83 million square meters, a decrease of 0.3% from the previous month and a decrease of 4.7% from the same period last year. Compared with the scale of 454.25 million square meters at the beginning of the year, the inventory reduction trend in the first half of the year was obvious.

  Yan Yuejin, research director of the think tank center of Yiju Research Institute, told the Economic Information Daily reporter, "On average, each city reduced its inventory by 320,000 square meters in half a year. In addition, from the year-on-year data, these 70 cities have maintained a trend of year-on-year decline in inventory for 10 consecutive months, reflecting a good destocking orientation. Some cities quickly moved from ‘ in the second quarter of this year. De-stocking ’ Switch to ‘ Replenish inventory ’ Strategically, the land market transactions are exciting. "

  Specifically, in the first half of the year, the inventory of 44 cities in 70 cities showed a year-on-year decline. Among them, Hefei, Nanjing, Dachang, Suzhou and Kunshan are the five cities with the strongest destocking efforts, and their inventory area decreased by 66.5%, 56.2%, 49.2%, 47.4% and 41.8% respectively. In addition, the inventory scale of 26 cities has risen instead of falling. The five cities with the largest year-on-year growth rate were Maoming, Jining, Taiyuan, Huainan and Haikou, with year-on-year growth rates of 69.2%, 67.0%, 56.2%, 48.9% and 40.0% respectively.

  From the perspective of the future inventory destocking cycle, as of the end of June, the inventory-to-sales ratio of new commercial housing in 70 cities was 11.0, which also means that the market needs to digest these inventories in 11 months. Yan Yuejin said that generally speaking, 14 months is the balanced value or reasonable value of the ratio of deposit to sales, so when the ratio of deposit to sales is less than 14 months, it can basically be considered that the pressure of destocking is not great, and the rise in house prices is closely related to it. He predicted that in the second half of 2016, the curve will still hover around 12 months, which means that the driving force for future housing price increases in these cities is still relatively large.

  In Yan Yuejin’s view, the idea of destocking in the second half of 2016 will change. Some cities continue to implement the destocking policy, while some cities need to actively replenish their stocks. Among them, for cities with long destocking cycle, active destocking is still the main task. In cities with a small destocking cycle, subsequent replenishment of inventory or additional land development investment will be the focus.

  Yan Yuejin told the Economic Information Daily that from the perspective of regional structure, there are 20 cities with a deposit-sales ratio of less than or equal to 8 months, including Hefei, Nanjing, Yanjiao, Kunshan, Gu ‘an, Dachang, Wuhan and Xianghe. Such cities have a small ratio of storage to sales, and have already faced the problem of "inventory shortage", and their urgency of replenishing inventory is no less than that of first-and second-tier key cities.

  The trend of housing prices in different cities tends to be divided.

  In fact, after the sharp rise in house prices and land prices in recent months, the regulatory policies of several cities have been tightened in July. During the month, Tianjin, Wuhan and other cities lowered the ceiling of provident fund loans, Shanghai proposed to do a good job in real estate credit prevention and control, and Xiamen introduced a series of measures from seven aspects, such as residential land supply and housing loan policy, which released tightening signals in many ways and had a certain impact on market expectations.

  According to the analysis of the relevant person in charge of the Central Reference Hospital, in the first half of 2016, the overall price increase in the country further expanded, and the price increase trend was transmitted step by step. Since the stimulus effect of easing policy became effective in 2015, first-tier cities have taken the lead in setting off a wave of price increases. In 2016, the rising trend of house prices was gradually transmitted to core second-tier cities such as Nanjing and Suzhou and first-tier surrounding cities such as Dongguan, Zhongshan and Langfang.

  The person in charge told the Economic Information Daily that "the continuous loose monetary and credit policies are the main reasons for the current round of housing price increases. In view of the future market trend, due to the different characteristics of different cities, the price increase of each city will be obviously differentiated. "

  First of all, for first-and second-tier hotspot cities such as Shenzhen, Shanghai, Nanjing, Suzhou and Hefei, with the trend of tightening policy control, the price increase in some cities will be further narrowed. In order to stabilize the development of the property market, Shenzhen, Shanghai, Nanjing and other cities have successively introduced tightening policies to strictly control the excessive rise in housing prices. In the short term, the tightening policy has achieved certain results, and the price increase in these cities has begun to narrow. According to the data of the Central Reference Institute, the transaction volume of new and second-hand houses in Shenzhen has dropped significantly recently, and the contradiction between supply and demand has gradually eased. Moreover, the price of second-hand houses has turned down in the past two months, which may further affect the market expectation of new houses.

  Secondly, the demand in Wuhan, Tianjin and other cities has been greatly released this year, the supply is relatively insufficient, the inventory has dropped significantly, the land and housing market is relatively healthy, and buyers and enterprises are more rational. House prices in these cities have maintained a rising trend for some time, and market participants are optimistic about the market trend of these cities, and there is still room for development in the future.

  Thirdly, the housing prices in hot cities around the first line are divorced from the fundamental support of the city, and the increase has gradually slowed down. For example, in Dongguan, Huizhou, Langfang, Kunshan and other cities, there was no obvious increase in early housing prices, and this round of rising momentum benefited from the spillover effect of first-tier cities. In the first half of the year, the property market in these cities entered a rapid development channel, and the price increase ranked first in the country; At the same time, due to the rapid rise of housing prices, it gradually broke away from the support of urban fundamentals, and the price increase began to narrow in May and June, and there is a possibility of further decline in the future.

  On the whole, the relevant person in charge of the Central Reference Institute believes that the policies around real estate credit may be adjusted one after another in the future. In view of the market differentiation trend, local regulatory policies will pay more attention to differentiation, some hot cities will be further strictly controlled, and third-and fourth-tier cities will continue to focus on destocking. From the perspective of the land market, with the strengthening of the supervision of the phenomenon of "land king" in hot cities, the land market will cool down.