Author | ｜Eastland

Head picture | tiger sniffing

Gree Electric (000651.SZWith good performance and high dividends, it is a star enterprise in the A-share market, although its market value is not as good as that of Midea Group (000333.SZ), but steadily stabilized Haier Zhijia (600690.SH) one end. However, after the market value of Gree peaked in 2019, the situation gradually reversed. By the end of 2022, Gree’s market value had fallen to 77% of Haier’s, compared with 259% at the end of 2019.

As of the close of March 8, 2023, the market value of Gree was 205.5 billion yuan, and the market value of Haier Zhijia was 232.2 billion yuan.

In the first three quarters of 2022, the net profits of Haier and Gree were 17.7 billion and 18.3 billion respectively. Haier earns 600 million less than Gree, but its market value is 30 billion higher.Perhaps it is because Gree gives people the impression that they are "lacking in goodness" and "lacking in skills" in defense..

The contest between diversification and internationalization

1) Revenue: Haier’s leading edge has expanded.

Haier’s revenue scale is higher than Gree’s, but its leading edge is not large, and it was overtaken in 2018. In 2020, Haier’s revenue stood at 200 billion, equivalent to 125% of Gree’s; In the first three quarters of 2022, Haier’s revenue was 185 billion, still 125% of Gree’s.

In 2018 and 2019, Gree’s revenue "hit" the 200 billion mark twice, but unfortunately it fell short. In 2020, despite the impact of the epidemic, the revenues of Midea, Haier and Hisense all maintained growth, but Gree fell to 168.2 billion. In 2021, the recovery of Gree Camp rose to 187.9 billion, 5.2% lower than that in 2018. The revenues of Haier and Midea in 2021 increased by 31.4% and 23.6% respectively compared with 2018. It is an indisputable fact that Gree’s revenue is weak.

2) Income structure: Haier is more diversified.

Gree has never been able to cultivate a "second growth curve", and the proportion of air-conditioning revenue to revenue has remained at a high level of 70%.

The high-speed growth period of air-conditioning market has long passed, and there are many "eaters" such as Midea and Haier. After Gree’s air-conditioning business revenue surged to 155.7 billion in 2018, it fluctuated and fell back. In 2020 and 2021, the revenue was 117.9 billion and 131.7 billion respectively. In 2022, the revenue of H1 air-conditioning business was 68.7 billion, accounting for 72.2% of the revenue.

Gree’s "household appliances sector" includes refrigerators, washing machines, kitchen appliances, drinking fountains, sweeping robots and many other products. In 2019, sales revenue surged to 5.58 billion, accounting for 2.8% of total revenue; In 2021, it fell below 5 billion.

In H1, 2022, Gree’s "household appliances" revenue was 2.2 billion, accounting for 2.3% of the total revenue. Midea’s "consumer appliances" sector covers products similar to Gree’s "household appliances", with H1 revenue of 66.3 billion in 2022. You’re welcome to say that the Gree household appliances sector can’t become a climate.

Gree’s "other businesses" include new energy vehicles, lithium batteries, mobile phones, energy storage, semiconductors, medical and health care, etc. In 2021, the revenue was 43 billion, accounting for 23% of the revenue. Any business, well done, can support "100 billion-level" listed companies and "pile up" together. Although the revenue is tens of billions, only one "other" can be shared. The key question is-Can air-conditioning enterprises that have failed to expand their refrigerator business make new energy vehicles and semiconductors?

Although Haier’s revenue is only 20% higher than Geli’s, its structure is relatively balanced.

Refrigerator and washing machine: the revenue in 2021 was 71.6 billion and 54.8 billion respectively, accounting for 52% of the total revenue, equivalent to 67.2% of Gree’s total revenue;

Air conditioning: revenue in 2021 was 37.5 billion, accounting for 16% of revenue, equivalent to 28.5% of Gree air conditioning sales; In the same period, Midea’s air-conditioning sales revenue reached 141.9 billion, equivalent to 107.7% of Gree’s air-conditioning revenue;

Kitchen appliances and water appliances: the revenue in 2021 was 35.2 billion and 12.5 billion respectively, accounting for 21% of the total revenue;

Intelligent equipment: The revenue in 2021 is 15 billion, accounting for 7% of the revenue, and it is the only business of Haier.

Highly dependent on air conditioning, other household appliances are lacking, air conditioning revenue growth is weak, and Gree’s revenue is naturally difficult to improve.

3) Internationalization

In the field of household appliances in China, Haier, Midea and TCL are highly internationalized. Haier, in particular, has an obvious upward trend in recent years.

In 2016, Haier’s overseas business income was 67 billion, accounting for 41% of revenue, while Midea’s overseas income was as high as 104 billion.

In 2021, Haier’s overseas revenue reached 114.7 billion, accounting for 50% of the revenue, and the proportion of overseas revenue with the United States also increased from 64.5% to 83.3%.

In 2021, Gree’s export business income was 22.5 billion, accounting for 12% of the revenue (0.5 percentage points lower than in 2017.), about one-fifth of Haier.

　

What is more valuable is that the gross profit of Haier’s overseas business has steadily increased: in 2017, the gross profit was 19.6 billion, 1.4 billion less than that of the United States; In 2021, it surpassed the United States for the first time, reaching 32.4 billion, with a gross profit rate of 28.2%, 6.5 percentage points higher than that of the United States.

　

The scale of Gree’s overseas business is much smaller than that of Haier and Midea, and the gross profit margin is not in the same level: in 2021, the gross profit margin of Gree’s overseas business was 2.22 billion, and the gross profit margin was 9.8%; Gross profit is less than 7% of Haier’s, and gross profit rate is 18% lower than Haier’s.

The fundamental reason for the weak growth of Gree’s revenue is that diversification and internationalization have not achieved remarkable results:In the revenue structure, air-conditioning sales account for more than 70%, and none of the household appliances, such as refrigerators, washing machines and kitchen appliances, can be used. Overseas sales revenue has almost stagnated-22.3 billion in 2018 and 22.5 billion in 2021, and gross profit has dropped from 37.8 billion in 2018 to 22.2 billion in 2021, a drop of more than 40%.

Gree "blade inward" wants profit

1) Gree’s ability to control expenses is super strong.

In 2017, Gree’s gross profit reached 59.9 billion. Since then, it has "unilaterally" declined to 37.7 billion in 2021, with a cumulative decline of 37.1%.

Haier’s gross profit surpassed Gree in 2018, and its leading edge has expanded year by year since then: Haier’s gross profit in 2018 was 59.9 billion, 10% higher than Geli’s; 42% higher than Geli in 2019; 56% higher than Geli in 2020; In 2021, Haier’s gross profit was 56.3 billion, 50% higher than Geli’s.

Although the gross profit of Gree Air Conditioning is 2 percentage points higher than that of Haier, the overall gross profit rate is 4 percentage points behind.

In the figure below, the blue broken line represents gross profit (rate), colored stacked columns represent expenses (rate), when blue drowns color, enterprises can earn operating profits.

Since 2017, Haier’s gross profit margin and total expense ratio have remained at 30% and 24% respectively, and there is a distance of about 6 percentage points between "blue" and "color".This is the "width of the profit moat".

Haier gives the impression of being steady, one step at a time.

　

Strong China has its own strong middle hand, and Gree’s cost and expense control ability is still above Haier. Although gross profit (rate) has been declining year by year, but the expense ratio has been repeatedly compressed-

In 2017, the gross profit rate was 33% and the total expense rate was 15%, which was 18 percentage points apart;

In 2021, the gross profit margin and total expense ratio were 24.3% and 11.7% respectively, with a distance of 12.6 percentage points. Although it was not as good as before, the "moat" was still twice as wide as Haier.

The expense ratio may not be as low as possible, and a moderate increase in sales expenses, management expenses and R&D expenses will promote the development of enterprises. Blindly compressing expenses is a "defensive" strategy.

In some cases, defense may "drag down a strong enemy", such as Sima Yi to Zhuge Liang. However, Fang Hongbo and Haier Lianghaishan of Midea are all ten years younger than Dong Mingzhu, and Gree is the one who can’t afford it.

2) Net profit and cash flow

Although the revenue, gross profit and gross profit rate all fell behind, Gree achieved much higher net profit and cash flow than Haier with strong cost control.

In 2019, the revenues of Haier and Gree were similar. Haier’s gross profit was 5.2 billion higher than Geli’s. As a result, Gree’s net profit reached 24.7 billion, 200% higher than Haier’s! The net cash inflow from operating activities reached 27.9 billion, 85% higher than Haier.

In 2021, Gree’s net profit was 23.06 billion, a year-on-year increase of 4%; Net cash flow from operating activities plummeted by 90% to 1.89 billion (It will be 19.2 billion in 2020.）。

In the first three quarters of 2022, Gree’s net profit and cash flow from operating activities were 18.3 billion and 22.46 billion, respectively, returning to "normality".

Haier’s net profit and cash flow from operating activities are "a lot shorter" than Gree. In the first three quarters of 2022, the net profit was 11.7 billion, and the net cash flow from operating activities was 11.2 billion, less than half of Gree’s.

In recent years, Gree’s book cash has been above 100 billion, reaching 153 billion at the end of September 2022, while Haier’s book cash was only 47 billion in the same period.

The main function of book cash is to maintain daily operations, such as paying wages and energy costs, and paying suppliers according to schedule. With reference to the revenue cost of the previous quarter, it is enough to keep the daily operating expenses for the next three or four months.

Haier’s book cash at the end of 2021 is equivalent to 29% of this year’s revenue cost. If there is no big change in 2022, the book cash is enough for one quarter. The numerical ratio of 30% is reasonable, and Gree’s book cash is somewhat exaggerated.

On the other hand, at the end of 2022, Gree’s balance of accounts payable/notes reached 76.6 billion, a net increase of 23 billion compared with the end of 2021.

Gree’s ability to absorb gold is amazing, but the capital market has been "aesthetically tired"At present, the dynamic P/E ratios for Midea, Haier and Gree are 11.4 times, 15.1 times and 8.4 times respectively; The P/B ratios are 2.7 times, 2.6 times and 2.1 times respectively.

Like a football match, Gree defends year after year, and the number of counterattacks is few and far between, and it is easily disintegrated by opponents. The "spectators" are losing confidence in Gree.

* The above analysis is for reference only and does not constitute any investment advice.

Star pop statement

1905 movie network news 　Seeing that the Spring Festival is approaching, the circle of friends is full of various ticketing links. The entertainment circle has never stopped, with stars or studios making statements every three days and frequently making headlines in hot search. However, after reading these statements, Xiaobian really wants to say, are you sure this is a statement, not widely publicized?

On January 15th, yang mi studio issued a statement. If it weren’t for this statement, who knew that there was such a netizen named Liu Kongqing who wrote articles such as "International Power Wars Gum" and "Tang Yan-Yang Mi Battle", describing Yang Mi and Tang Yan as plastic sisters. As a result, how many people want to search for articles to get a glimpse of it. (See for details)

Yang mi studio statement

Actually, Tang Yan, who is "not a plastic sister flower" with Yang Mi, also made a statement two days ago, but now the limelight is completely overshadowed by Yang Mi, who is "not a plastic sister flower" with her. On January 13th, Tang Yan’s studio issued a statement, aiming at Huang Yiqing’s suggestion that Masu took the two-character actress to "do her hair". But if it weren’t for this statement, we really didn’t associate this two-character actress with Miss Tang Yan. (See for details)

Tang Yan studio statement

One step earlier than Miss Tang Yan, it is necessary to count "I didn’t bring her to do my hair.""Masu. On January 12th, Masu Studio issued a statement saying that it would sue Huang Yiqing for "libel". Therefore, before Huang Yiqing broke the news that Masu had cheated on her many times, fell in love with Daxun Wei, and often introduced the actress to "do her hair", which became well known. Support Masu to take legal measures, and don’t drop the lawsuit halfway! (See for details)

Masu studio statement

And even earlier than Masu is ZhangJike, who "has never done hair with her". In response to Huang Yiqing’s statement that athletes named Z had "done their hair" with Masu, on January 11th, ZhangJike Studio clarified that they were just "normal friends". As soon as this statement was issued, Huang Yiqing, who was originally called "Crystal’s ex-husband", was immediately upgraded to "the new entertainment circle discipline inspection commission", and his fans and popularity soared. (See for details)

ZhangJike studio statement

And the "initiator" of all this can be traced back to PGONE, the protagonist of the first entertainment news in the New Year. On January 5th, PGONE Studio issued a statement, saying that "the network rumored that PGONE junior high school students broke the news, which involved the act of raping a minor and making her pregnant and abandoning it", declaring it as "nothing, empty talk and rumors".Netizens have said that "PGONE Studio is crazy" and "I actually came up with such a trick in order to transfer the topic of derailment".(See for details)

PGONE studio statement

All in all, in a word, no one may have known about these messy news, but now when you make a statement, the whole world knows it. Are you sure that you are not making a statement to publicize it, or to discredit yourself? All right, as long as you’re happy.

　　Cctv news(Focus Interview): Recently, the Central Committee of the Communist Party of China and the State Council issued the Plan for the Reform of Party and State Institutions. The 20th National Congress of the Communist Party of China has made important arrangements for deepening institutional reform, which is of great and far-reaching significance for building a socialist modern country in an all-round way and promoting the great rejuvenation of the Chinese nation in an all-round way. Deepening the reform of party and state institutions aims to build a functional system of party and state institutions with complete systems, scientific norms and efficient operation, so that the establishment and functional allocation of party and state institutions can better meet the new requirements put forward by the new era and new journey, which fully demonstrates the strong will of the CPC Central Committee with the Supreme Leader as the core to unswervingly deepen reforms in an all-round way and promote the modernization of the national governance system and governance capacity.　

　　Since the 18th National Congress of the Communist Party of China, the CPC Central Committee with the Supreme Leader as the core has taken deepening the reform of the party and state institutions as an important task to promote the modernization of the national governance system and governance capacity. Facing the new tasks put forward by the new era and new journey, the establishment and function allocation of the party and state institutions need to continue to deepen the reform on the basis of consolidating the achievements of the reform of the party and state institutions, and adjust and improve the institutional mechanisms and institutional responsibilities.

　　Wang Manchuan, director of the Public Administration Teaching and Research Department of the Central Party School (National School of Administration), said: "The 20th National Congress of the Communist Party of China has made a series of strategic arrangements for the new era and new journey, building a socialist modern country in an all-round way and comprehensively promoting the great rejuvenation of the Chinese nation. Many reform measures in this reform plan are closely focused on how to implement these strategic arrangements."

　　The goal of deepening the reform of the Party and state institutions is to build a complete, scientific and standardized functional system of the Party and state institutions. We must take the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era as the guide, strengthen the centralized and unified leadership of the CPC Central Committee as the guide, and promote the modernization of the national governance system and governance capacity as the guide, coordinate the institutions of the CPC Central Committee, the National People’s Congress, the the State Council institutions and the Chinese People’s Political Consultative Conference institutions, coordinate the central and local governments, and deepen the institutional reform in key areas.

　　Xue Lan, Director of Academic Committee of School of Public Administration of Tsinghua University and Dean of Schwarzman Scholars of Tsinghua University: "This round of reform is a further deepening of that reform in 2018. The general direction is to adhere to the centralized and unified leadership of the party as a starting point; In addition, to promote the modernization of the governance capacity of the national governance system, the overall goal is to make the institutional setup more scientific, the functional allocation more optimized, the institutional mechanism more perfect and more efficient through reform. "

　　Finance is the core of modern economy, which is related to development and security. The reform plan of the party and state institutions clearly puts forward that the Central Financial Committee should be set up to strengthen the centralized and unified leadership of the CPC Central Committee on financial work, and the Central Financial Work Committee should be set up to lead the work of the financial system party in a unified way and co-locate with the Central Financial Committee Office. In this reform of the party and state institutions, a series of reform measures focus on financial supervision, which are interlocking and promoted as a whole.

　　Tian Xuan, vice president of Tsinghua University Wudaokou College of Finance, said: "It shows that the Party and the state attach great importance to the high-quality development of financial markets, financial supervision and finance, and the core logic reflects the centralized and unified leadership of the CPC Central Committee over financial institutions and financial fields, and the strengthening of central supervision. Emphasis is placed on functional supervision, behavioral supervision, functional supervision, as well as institutional supervision and penetrating supervision. "

　　In deepening the institutional reform in the State Council, there are as many as six items directly related to financial supervision, including the establishment of the State Financial Supervision and Administration Bureau, deepening the reform of local financial supervision system, restructuring the China Securities Regulatory Commission into an institution directly under the State Council, promoting the branch reform of the People’s Bank of China as a whole, improving the state-owned financial capital management system, and strengthening the unified and standardized management of financial management department staff.

　　Tian Xuan, deputy dean of Tsinghua University Wudaokou Finance College: "This institutional reform in the State Council is actually a change in the national regulatory mechanism, from separate supervision to mixed supervision, so that centralized leadership and centralized supervision can be formed, and everyone has a unified scale. Preventing the existence of regulatory arbitrage, regulatory vacuum or repeated supervision and different standards is an important step in the structural reform of the supply side of the financial industry, which can better help finance to serve the real economy with high quality."

　　Scientific and technological innovation occupies a core position in the overall situation of China’s modernization. Facing the severe situation of international scientific and technological competition and external containment, we must further rationalize the scientific and technological leadership and management system. This reform of the party and state institutions has strengthened the centralized and unified leadership of the CPC Central Committee over scientific and technological work, and established the Central Science and Technology Commission. The responsibilities of the offices of the Central Science and Technology Commission are assumed by the reorganized Ministry of Science and Technology as a whole.

　　Xue Lan, Director of Academic Committee of School of Public Administration of Tsinghua University and Dean of Schwarzman Scholars of Tsinghua University: "The Party’s Report to the 20th CPC National Congress, including the 14th Five-Year Plan, has put scientific and technological innovation at the core of national development, modernization and building a new development pattern; In addition, the international situation is very complicated, and various geopolitical factors have severely suppressed China’s science and technology. Under such circumstances, how can China’s scientific and technological innovation play a better role? This reform is to further strengthen the party’s centralized and unified leadership over scientific and technological work. "

　　The re-establishment of the Ministry of Science and Technology, on the one hand, optimizes its functions, on the other hand, focuses on key issues, and strengthens macro-management responsibilities such as strategic planning, system reform, overall planning of resources, comprehensive coordination, policies and regulations, and supervision and inspection. Promote and improve the new national system, optimize the whole chain management of scientific and technological innovation, promote the transformation of scientific and technological achievements, and promote the combination of science and technology with economic and social development.

　　Qi Jie, director of the Public Management Research Center of the Institute of Political Science, China Academy of Social Sciences, said: "This round of institutional reform is a series of major measures taken to improve the leadership and management system of science and technology, which will provide us with the support of important government functional institutions in the future, and play an important role in the next step of self-reliance and self-improvement in science and technology and in optimizing our high-level scientific and technological development.

　　The "Party and State Institutional Reform Plan" clearly stipulates the establishment of the Central Social Work Department. As a functional department of the CPC Central Committee, it is responsible for coordinating and guiding the work of people’s letters and visits, guiding the collection of people’s suggestions, and coordinating and promoting party building to lead grassroots governance and grassroots political power construction.

　　Wang Manchuan, director of the Public Management Teaching and Research Department of the Central Party School (National School of Administration): "This is also to better and more timely reflect the voices of the people, respond to their demands, and protect their legitimate rights and interests."

　　The reform plan of the party and state institutions will further improve the management functions and efficiency of state institutions through the optimization and adjustment of institutional responsibilities in key areas, and better adapt to quality changes, efficiency changes and dynamic changes, which will drive deep-seated reforms and better promote economic and social development. In this institutional reform plan, the establishment of a national data bureau has attracted attention. In today’s society, digital resources and digital economy play a fundamental role in economic and social development, which is of great significance for building a new development pattern, building a modern economic system and building a new competitive advantage of the country.

　　Xue Lan, Director of Academic Committee of School of Public Administration of Tsinghua University and Dean of Schwarzman Scholars of Tsinghua University, said: "How can we better integrate these data resources and establish a basic institutional arrangement so that it can play a better role. Now it is also proposed that how to better coordinate digital China, digital economy and digital society really needs a department to better coordinate these resources on the basis of ensuring data security and ensuring original data supervision. It is indeed a very urgent need. "

　　After the last round of institutional reform, provincial data management institutions have been established in Guangdong, Fujian, Zhejiang, Guizhou and other places. This reform proposes to set up a national data bureau, which is responsible for coordinating and promoting the construction of data infrastructure, and promoting the planning and construction of digital China, digital economy and digital society as a whole.

　　Wang Manchuan, director of the Public Management Teaching and Research Department of the Central Party School (National School of Administration), said: "The National Data Bureau is managed by the National Development and Reform Commission, which is conducive to the overall strategic planning of the construction of digital China, the integration, utilization and development of data resources, and the management of data."

　　Reform is always on the road. Institutional reform is a process, which will not happen overnight or once and for all. It needs to be constantly adjusted and optimized according to new missions, new strategic arrangements and new work needs.

　　In February 2021, the National Rural Revitalization Bureau was established. Two years later, in order to coordinate the work concerning agriculture, rural areas and farmers with rural revitalization as the focus, this round of institutional reform in the State Council proposed to optimize the responsibilities of the Ministry of Agriculture and Rural Affairs, transfer the responsibilities of the National Rural Revitalization Bureau to the Ministry of Agriculture and Rural Affairs, such as monitoring and helping to prevent poverty, and promoting the development of rural social undertakings and public services, and no longer retain the separate National Rural Revitalization Bureau.

　　Wang Manchuan, director of the Public Management Teaching and Research Department of the Central Party School (National School of Administration), said: "Why is it put into the Ministry of Agriculture and Rural Affairs as a whole this time, and then a brand is put up? This is of great significance. Because in recent years, the central government has put forward the strategy of rural revitalization, which covers a wide range, such as industrial revitalization, cultural revitalization, scientific and technological revitalization, talent revitalization and tourism revitalization. It can be said that most of the work is overlapping with the work of the Ministry of Agriculture and Rural Affairs, and it is definitely more powerful to do it by one Ministry than to set up a rural revitalization bureau alone. In fact, it is to put the work of rural revitalization in a more important position, which is more conducive to the advancement of this work and the implementation of the rural revitalization strategy. "

　　In the reform plan, it is clear that the responsibilities of the National Rural Revitalization Bureau are assigned to the Ministry of Agriculture and Rural Affairs, and it is necessary to continue to increase assistance to poverty-stricken areas and people.

　　The reform also pays attention to the problem of population aging faced by China. For a long time, the management of China’s old-age care involves civil affairs, health care, medical insurance and other departments. This institutional reform has assigned the responsibilities of organizing the National Health and Wellness Committee to formulate and coordinate the implementation of policies and measures to deal with population aging and undertake the specific work of the National Working Committee on Ageing to the Ministry of Civil Affairs.　

　　Qi Jie, director of the Public Management Research Center of the Institute of Political Science of China Academy of Social Sciences, said: "The adjustment and optimization of institutional functions at this stage is a positive preparation for effectively coping with the deepening of population aging in the future. From the perspective of overall coordination and long-term development in the future, centralization and unification to the civil administration system is more conducive to coping with aging in the future. "

　　This reform has always adhered to the problem orientation, focused on key points and difficulties, and reflected the needs of development and the aspirations of the people. In this reform plan of the party and state institutions, more reform measures have made breakthroughs. On the basis of the Hong Kong and Macao Affairs Office of the State Council, the Central Hong Kong and Macao Work Office will be established as the office of the CPC Central Committee; We will deepen the institutional reform of the National People’s Congress and set up a working committee for the National People’s Congress Standing Committee (NPCSC) deputies. Improve the intellectual property management system, and adjust the National Bureau of China National Intellectual Property Administration, which is managed by the State Administration of Market Supervision, to an institution directly under the State Council. Deepen the institutional reform in Chinese People’s Political Consultative Conference and optimize the sector setting in Chinese People’s Political Consultative Conference. Streamline the staffing of central and state organs. The staffing of all departments of the central and state organs will be reduced by 5%, and the recovered staffing will be mainly used to strengthen key areas and important work.

　　Xue Lan, director of the Academic Committee of School of Public Administration of Tsinghua University and dean of Schwarzman Scholars of Tsinghua University, said: "Special emphasis is placed on the modernization of the national governance system and governance capacity. In all aspects of modernization, the modernization of governance system and governance capacity is the foundation. If we can continue to reform and deepen, it will multiply the modernization of other aspects, including economy, society and culture."

　　The functional system of the Party and state institutions is an important part of the Socialism with Chinese characteristics system and an important guarantee for the Party to govern the country. Deepening the reform of the party and state institutions is a self-revolution. One point for deployment and nine points for implementation. The key to the implementation of reform lies in people. People’s hearts are stable, reforms are progressing, people’s hearts are smooth, and reforms are successful. In the face of complex reform tasks, from the adoption of the plan to the real implementation, we must take greater courage and more pragmatic measures, break down deep-seated institutional and institutional obstacles, implement the task of institutional reform, better transform China’s institutional advantages into the effectiveness of national governance, and provide a strong guarantee for promoting Chinese modernization.

　　CCTV News:The Supreme People’s Court, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Housing and Urban-Rural Development, the Ministry of Transport, the Ministry of Water Resources, the Ministry of Commerce, the State Railway Administration, and the Civil Aviation Administration of China today (22nd) publicly signed the Notice on Joint Punishment of People Who Have Broken their Trust in Bidding Activities, and jointly punished people who have broken their trust in bidding activities, accelerated the construction of social credit system, and established and improved the inter-departmental joint punishment mechanism for breaking their trust.

　　According to the Notice, in the bidding activities, the bidders, bidding agencies, bid evaluation experts and bidding practitioners who have been declared by the Supreme People’s Court as untrustworthy enforcers will be restricted, retired or dealt with. Meng Xiang, director of the Executive Board of the Supreme People’s Court, introduced that the Supreme People’s Court pushed the information such as the name of the person subject to breach of trust, the performance of legal obligations and the situation of breach of trust to the national credit information sharing platform and the "Credit China" website, and the tenderee, tendering agency and relevant administrative supervision departments made inquiries through the "Credit China" website or credit information sharing platforms at all levels.

　　Below, I understand the relevant situation of the Notice from four aspects.

　　I. Background of Issuing the Notice

　　(A) The CPC Central Committee and the State Council attached great importance to the construction of social integrity.

　　The 18th National Congress of the Communist Party of China, the 3rd, 4th and 5th Plenary Sessions of the 18th Central Committee all put forward specific requirements for the construction of social integrity, pointing out that it is necessary to improve the disciplinary mechanism for illegal and untrustworthy behaviors, praise integrity and punish dishonesty. The Outline of Social Credit System Construction Planning (2014-2020) issued by the State Council in June, 2014 takes the construction of trustworthiness incentive and dishonesty punishment mechanism as one of the three basic measures for the construction of social credit system. The State Council appointed the National Development and Reform Commission and the People’s Bank of China to take the lead in establishing the inter-ministerial joint meeting system of social credit system. All units are required to communicate with each other in a timely manner, coordinate different opinions, promote the implementation of the work mechanism of encouraging trustworthiness and punishing dishonesty, and accelerate the construction of the social credit system.

　　(B) The people’s courts urgently need to build a joint disciplinary mechanism to solve the enforcement difficulties.

　　For a long time, the problem of "difficult enforcement" of people’s courts has been highly concerned by the society and strongly reflected by the people. In recent years, the number of new cases received by national courts has increased year by year. By August 2016, there were more than 3.4 million new cases, up 27.84% year-on-year. In the past execution cases, more than 60% debtors with property cases did not take the initiative to perform, and there were also a large number of phenomena such as violent confrontation and malicious evasion of execution. Faced with this complicated situation, it is far from enough to rely on the strength of the people’s courts alone. All departments must unite, increase the intensity of credit punishment, establish a joint credit punishment mechanism, and promote the construction of social credit system. Only in this way can the fundamental solution be achieved. The lack of honesty and credit and the imperfect social credit system have become the deep-seated reasons for the difficulty in implementation. In 2010, 19 central ministries and commissions issued the Opinions on Several Issues Concerning the Establishment and Improvement of the Implementation Linkage Mechanism, which clearly stated that a new pattern of implementation work should be formed under the leadership of the Party Committee, supervision by the National People’s Congress, government support, and cooperation from all walks of life, and a long-term mechanism to solve the implementation difficulties should be established and improved.

　　(C) Joint punishment of the person who has been executed for dishonesty has a good foundation.

　　In 2013, the Supreme People’s Court issued the "Several Provisions on Publishing the Information of the List of Persons Executed in Breach of Trust", and established a joint disciplinary system for those executed in breach of trust. With eight departments such as the Central Civilization Office and 44 ministries and commissions such as the National Development and Reform Commission and the Finance Bureau, a multi-sectoral, multi-industry and multi-means joint disciplinary network has been formed by restricting flying, high-speed rail, loans, bidding and government procurement. By the end of August this year, the Supreme People’s Court has released 4.992 million cases of information on the list of people who have been executed for dishonesty to the public. It has achieved good legal and social effects, laying a good foundation for further expanding joint disciplinary measures and limiting the bidding activities of people who have lost their trust.

　　II. Main contents of the Notice

　　The "Notice" further implements the contents of the "Memorandum" on jointly restricting the untrustworthy executors and standardizing the bidding activities in the field of bidding and tendering, which is divided into five parts.

　　The first part is the importance. It is an important measure to improve the joint punishment mechanism of dishonesty in bidding and tendering and to promote the construction of social credit system to carry out joint punishment on those who have lost their trust in bidding and tendering activities. It is conducive to standardizing the behavior of the parties involved in bidding activities, promoting the healthy and orderly development of the bidding market, improving the credit mechanism of "one place is broken and everywhere is limited", and forming a good atmosphere of respecting the judiciary and being honest and trustworthy in the whole society.

　　The second part is the object of joint punishment. That is, the bidders, bidding agencies, bid evaluation experts and bidding practitioners who were announced by the Supreme People’s Court as untrustworthy executors in the bidding activities.

　　The third part is the content and method of inquiry. The Supreme People’s Court pushed the information such as the name of the person subject to dishonesty, the performance of legal obligations and the situation of dishonesty to the national credit information sharing platform and the "Credit China" website, while the tenderee, tendering agency and relevant administrative supervision departments made inquiries through the "Credit China" website or credit information sharing platforms at all levels.

　　The fourth part is the joint disciplinary measures. This part is the core content of the Notice, which puts forward four disciplinary measures. First, it restricts the bidding activities of those who have broken their promises. For construction projects that must be subject to tender according to law, the tenderee will clearly stipulate the bid evaluation criteria in the tender announcement and other tender documents, and restrict those who have broken their promises in the bid evaluation stage. For two or more natural persons, legal persons or other organizations to form a consortium and participate in bidding activities together as a bidder, all members of the consortium shall be inquired, and once one or more members of the consortium belong to the person who has been executed for dishonesty, the consortium shall be restricted as a whole; The second is to limit the bidding agency activities of those who have lost their trust. When the tenderee entrusts a bidding agency to carry out bidding, it will give priority to the bidding agency with no record of dishonesty, so as to promote the bidding activities to be more standardized and efficient; The third is to limit the bid evaluation activities of those who are untrustworthy. The notice made it clear that the relevant units shall not employ the untrustworthy executors as bid evaluation experts, and the bid evaluation experts who become untrustworthy executors during the employment period will be retired in time; The fourth is to limit the bidding activities of those who are untrustworthy. The tenderee and the tendering agency will restrict the person who has been executed in breach of trust when they employ the tendering practitioners, and deal with the tender followers who have become the person who has been executed in breach of trust during their employment.

　　The last part is the job requirements, which mainly includes joint punishment by all units, establishing credit records of dishonesty and making them public, properly keeping the information of the untrustworthy executors, and not revealing business secrets and personal privacy.

　　The Notice has four main features. First, the disciplinary department is complete. The participating departments are key departments in the bidding field, including the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Housing and Urban-Rural Development, the Ministry of Transport, the Ministry of Water Resources, the Ministry of Commerce, the State Railway Administration and the Civil Aviation Administration. Second, the punishment is strong. On the basis of sharing credit information, one department has punished the untrustworthy parties in one field, but now it has become a joint punishment by multiple departments in the same field. Third, the scope of influence is wide. It involves a number of key areas such as pre-qualification of bidders, qualification examination of bidding agencies, employment and retreat of bid evaluation experts, and restrictions on bidding practice. The fourth is two-way joint punishment. The implementation of various disciplinary measures in the Notice requires the Supreme People’s Court to cooperate closely with relevant departments to jointly implement disciplinary measures.

　　Third, the Supreme People’s Court’s work in information sharing and joint punishment for dishonesty

　　The Supreme People’s Court conscientiously implemented the requirements of strengthening the construction of social integrity put forward by the 18th National Congress of the Communist Party of China and the 3rd, 4th and 5th Plenary Sessions of the 18th Central Committee, took the list system of people who broke their promises as the carrier and the inter-ministerial joint meeting of the national social credit system as the platform, actively participated in the construction of the "Credit China" website and the national credit information sharing platform led by the national development and reform, and actively pushed the information of the list of people who broke their promises to relevant departments and cooperative units. Strengthen the construction of the implementation linkage mechanism, and form a joint force to punish those who have lost their trust.

　　(a) linkage with the railway and civil aviation departments. On June 18th, 2014 and July 1st, 2014, China Railway Corporation and China Civil Aviation Information Network Co., Ltd. were officially launched to restrict the enforced person who broke his promise from buying train soft sleeper tickets and plane tickets. Starting from 0: 00 on August 25, 2015, China Railway Corporation increased restrictions on taking first-class seats on high-speed trains and other bullet trains. As of August 31, 2016, a total of 1.55 million people were restricted from taking the train; 4.705 million person-times by air.

　　(2) Linkage with the Credit Information Center of the People’s Bank of China. The Credit Information Center of the People’s Bank of China clearly incorporated the information of the list of people who have broken their promises into the relevant work procedures of the credit information system. When making credit reports of enterprises and individuals, it integrated the information of the list of people who have broken their promises into the credit files of people who have been executed, and provided it to financial institutions and other units in the form of credit reports.

　　(3) Linkage with China Banking Regulatory Commission and banking financial institutions. Cooperate with China Banking Regulatory Commission to carry out online inspection, control and credit punishment, and restrict those who have broken their promises from lending or handling credit cards in financial institutions across the country. Since 2013, the Supreme People’s Court has signed memorandums of cooperation with 21 national banking financial institutions on network enforcement and information sharing respectively, and strictly examined the important business applications of the untrustworthy executors in banks and took corresponding control and restriction measures.

　　(4) Linkage with the State Administration for Industry and Commerce. The State Administration for Industry and Commerce restricts the person subject to breach of trust from being the legal representative, director, supervisor and senior manager of any company nationwide. As of August 31 this year, the national industrial and commercial and market supervision departments have limited the number of people who have been untrustworthy to serve as executives of various enterprises to more than 66,000.

　　(5) Linkage with Internet e-commerce. Cooperate with Internet e-commerce companies such as Taobao and JD.COM, incorporate the list information of untrustworthy executors into the credit evaluation system as an important evaluation index, and use information technology to expand the influence of untrustworthy data. Restrict the high consumption behavior of the untrustworthy executor on the Internet.

　　In addition, the Supreme People’s Court has also cooperated with the Ministry of Agriculture, the Ministry of Transport, the China Securities Regulatory Commission, the National Citizen ID Number Enquiry Center of the Ministry of Public Security, the National Organization Code Management Center, China UnionPay, the All-China Federation of Industry and Commerce, the China Small and Medium Enterprises Association, People’s Daily Online, Baidu, Tencent, etc., and jointly punished those who have broken their promises in related fields, which has effectively promoted the construction of the social credit system.

　　Four, the implementation of the "notice" of the main plan

　　The life of the law lies in its implementation, and the significance of signing the Notice lies in its implementation. The implementation of the disciplinary measures in this Notice depends on the signatory units taking the information of the list of people who have broken their trust as an important reference in their respective regulatory fields and giving credit punishment in bidding. The Supreme People’s Court will further improve the following work: First, it will complete the revision of the "Several Provisions on Publishing the Information of the List of Executed Persons with Dishonesty" promulgated in 2013, and put forward clear requirements for courts at all levels to ensure that the information of the list of executed persons with dishonesty is included accurately, completely and timely; Second, timely provide the list information and updated information of untrustworthy executors to the national credit information sharing platform and the "Credit China" website to ensure the accuracy and timeliness of the list information; The third is to actively cooperate with the countersigning units to carry out joint punishment for dishonesty and do a good job in service.

　　Comrades, friends from the press, the Notice on Joint Punishment of People Being Executed for Breaking Faith in Bidding Activities, as an important document for credit punishment of people being executed for breaking faith, was officially released to the public today. The drafting and distribution of the Notice received strong support from the central authorities and relevant departments of the State Council. The National Development and Reform Commission has done a lot of coordination work. In the process of soliciting opinions, the relevant departments put forward a number of suggestions to enrich and improve the opinions, which greatly enriched the contents of the Notice.

　　The friends in the press here have been paying attention to the work of the people’s court to punish those who have lost their trust, and have carried out extensive publicity and reports, especially paying great attention to the drafting and distribution of the Notice. Here, on behalf of the Executive Board of the Supreme People’s Court, I would like to express my heartfelt thanks and high respect to the National Development and Reform Commission, leaders and comrades of various departments involved in countersigning, and friends in the press! I hope that everyone will continue to support the implementation of the Notice in the future and care about and pay attention to the implementation of the people’s courts.

　　Going to Tiananmen to watch the flag-raising ceremony is a lifelong dream for many people. They walk across the Jinshui Bridge every day to raise the "First Flag of the Republic". Perhaps no other unit in China receives as much attention as the National Flag Guard. In the eyes of many, they are the representatives of China’s national image and the image of the military. This team is the Tiananmen National Flag Guard, but their real life is very mysterious. Yesterday, Hao Dongdong, who returned from the army to his hometown to lead his villagers to become rich, revealed to reporters the little-known lives of the "National Flag Guard".

　　Hao Dongdong, 29, is 1.8 meters tall, handsome and dark-skinned. Because he has been carrying a gun on his right shoulder for a long time, his right shoulder blade has a thick callus, and his right arm is obviously thicker than his left arm. Hao Dongdong was selected into the National Flag Guard in 2004, when he was only 17 years old.

　　70% elimination rate: 3 hours of sleep per night

　　He had just been in the army for a month and had to run 5 kilometers every day. Later, he realized that running 5 kilometers every morning was just an "appetizer". From Jinshui Bridge to the base of the national flag pole, he took 138 steps. For this 103.5-meter crossing, every new recruit had to cross a threshold before they could stand under the national flag pole.

　　The soldiers of the Tiananmen National Flag Guard are carefully selected from among the tens of thousands of recruits every year after three months of military training. At each pass, a group of people must be eliminated. That year, more than 100 people entered the same batch as Hao Dongdong, but later, after three months of training, only about 30 people were left, and the elimination rate was 70%.

　　而前3个月的训练还只是“入门级”，有幸被选中的战士，还要进行4个月的强化训练，堪称“魔鬼训练”。每天早上8时准时开始训练，11时半收操，下午3时半继续训练。

　　国旗护卫队每天都要从天文台抄录天亮时间，从而制定出精确的升、降旗时间，分秒不差。夏天训练时起床很早，7时起床，7时20分开始吃早饭，7时50分准时训练，到11时30分。11时50分吃饭。午休两小时。下午进行学习教育。周二、周五是全天训练。晚上看完新闻联播后自由活动，到了8时半就洗漱，9时睡觉。

　　夏天最早两点多就要起床，因为夏天升国旗早，升国旗回来还要补上一个小时觉。尤其是有升旗任务时，只能睡3个小时。“晚上9时睡下，9时30分起床，10时到广场，站岗站两个小时。回来就12时了，但第二天凌晨3时30分，又得起床去升旗，升完旗回来6时多，最多睡一个小时，又要开始一上午的高强度训练。下午又要去站两个小时的岗。”尤其是每年新兵、老兵交接时，国旗护卫队的战士既要站岗，又要升降国旗，还要训练。

　　除了睡眠少，高强度的训练让战士们经常体力透支。刚到的那一个月，郝东东晚上一到家，往床上一靠，就睡着了。“很多人因为受不了，退出了。”

　　脸上放蚂蚁练耐力

　　国旗从基座升到杆顶的时间为2分零7秒，在外人看来，国旗护卫队的战士们无比威武雄壮，他们代表了中国和中国军队的形象。而这短短的两分钟，却需要国旗护卫队战士们两年的心血。国旗护卫队训练究竟有多苦？

　　首先要练的就是站功。国旗护卫队的士兵，必须做到在烈日下站4小时。为达到正步走百米不差分毫，郝东东的领子上别大头针，练摆臂时拉起绳子，练踢腿时绑着沙袋，走路时背上插上T型架子。睡觉时也不用枕头，平躺在硬板床上，就是为了练就良好的体形。

　　每天升旗前1小时要提前训练，主要是巩固动作、防止出错。护卫队员还担负着国旗哨位的执勤任务，冬不穿棉、夏不穿单是对国旗哨兵的特殊要求。夏天最热时，天安门广场地表温度高达60多摄氏度。一班哨下来，郝东东衣服上都是白色盐渍，衣服可以竖立起来。冬天，广场上地表温度为零下20摄氏度。两小时纹丝不动，郝东东每次下哨后，手脚麻木僵硬，就连嘴唇也被冻僵了，话都说不出来。

　　并且，在执勤站岗时，身上除了眼珠子，哪里都不能动，就算虫子跑到身上也不能动。而夏天，广场上虫子特别多，就算虫子趴在脸上，也只能一动不动。他在平时训练时，甚至专门抓来几只蚂蚁放在脸上爬来爬去，练习自己的耐力。

　　其次是走功。32人组成的护旗方队要横成行，纵成列，步幅一致，摆臂一致，目光一致。齐步要求每一步走75厘米，整齐划一。从金水桥到国旗杆下138步，每步都要走得威武雄壮。脚压砖块，是练习走功的“秘籍”，在脚上放上一块3斤重的板砖，坚持两分钟，随着训练量的加大，逐渐提高到两块板砖、三块板砖。为了提高踢腿的幅度和力量，他每天还要在腿上绑上5斤重的沙袋练习踢腿，一踢就是上千次。

　　每天训练大量出汗，郝东东的脚上也长出脚气和鸡眼，走路都疼。这是国旗护卫队战士们的“职业病”，因为训练要穿特制的方口皮靴，鞋底是牛筋底制成的，一双鞋差不多有4斤重。每天训练完，鞋子里面能湿得能挤出水来。因为练正步走时频繁踢腿，摩擦大腿内侧，一个月训练下来，战士们都尿血。但几个月后，战士们对尿血早就习惯了。

　　第三就是眼功。由于长期在天安门值守，代表的是国家形象，郝东东在升旗过程中还不能眨眼，对着太阳练不眨眼、迎着风沙练不眯眼。如今，他可以做到在迎风、迎光的情况下一分钟不眨眼。

　　12下一页 12下一页

1905 movie network news On July 24th, the film lead starred in the airborne Yinchuan Cinema, watched the film with the live audience, and enthusiastically exchanged interesting things behind the scenes with everyone and shared the feelings of watching movies. Since the film was released, the box office reputation has been double bumper, and the cumulative box office has exceeded 1.8 billion yuan so far.

At the scene of Yinchuan Road Show, Shen Tengliang warmly greeted the audience and expressed his gratitude: "Thank you for spending two hours watching this movie with me. There is still a long way to go in Catch a Doll. Thank you very much for your love and support." In the interaction with the audience, Shen Teng shared an impressive line in the film, "Will you come home for dinner at night?", and said that this was the most touching sentence for him, not only because of the ingenuity of the director and screenwriter, but also the most intimate way for father and son to express their love.

The audience in Yinchuan was very enthusiastic, and some fans gave a pair of brand-new old Beijing cloth shoes to Shen Teng, and said: "Although Ma Chenggang lost his sole in the film, he brought happiness to everyone. Today, I got Ma Chenggang’s lost sole back, and brought you a pair of special wear-resistant old Beijing cloth shoes. I hope it can accompany the old horse family all the time. " In addition, producer Ma Chi also came to the scene to express his gratitude to all the audience who supported the film, and promised college students fans to realize their wish of internship in Xihong City.

At the interactive scene, when some viewers mentioned the topic that Ma Chenggang and Chunlan were the biggest villains in the film "Catching Dolls", Shen Teng seriously responded: "It is not unreasonable for everyone to think so. For example, Ma Chenggang’s behavior of smearing anesthetic on his son’s feet in the film is somewhat’ blackened’. You can criticize their inappropriate behavior as parents, but their love for George Macartney British consul as parents is recognized." The audience also said: "In the movie, Ma Chenggang seems to want to control George Macartney British consul’s life, but he actually expresses his love for his son in a clumsy way. Parents have paid their youth and hard work while cultivating us. As children, we should learn to understand our parents slowly. "

Although different people have different feelings after watching the film, they are happy in the end. Some viewers incarnate the king of stalks and express their love for the film in the form of playing stalks: "After watching the movie, I searched every corner of the house and couldn’t find the basement"; However, after watching the film, some viewers were particularly concerned and sincerely said: "There are so many people in the world who speak for our generation, so we are very happy to be ourselves freely."

　

Your shadow model, paste, and cry.

No matter how much the story is told, I can’t escape saying goodbye.

٬⩷㝵䢴㾷ののののののののののねねねねねねねねねね123 ~︶

It’s necessary to ask you what you think. Let’s make it simple.

How can my parents raise Princess ㄋニ㊣の when she is the queen?

Want to do ①? ? Cool, when you are cruel, you are even more cruel.

I don’t want you to miss me, but I want to get wet.

㈠? ? Attaching importance to feelings, I’m afraid to find and hide love letters.

Don’t be polite, don’t be a dog.

I’m touched, so I don’t have to say anything. I’m still smiling when you’re singing.

①? ? I like you, I think you are good, and I think you are the best.

I want to hold you tight for the last time.

No, I don’t. I’m happy. ℡~

I don’t want to hurt you, but some people don’t hurt you.

I think that after many years, I will say to me: I still have me.

? ; ? I don’t know, I don’t know, I don’t know, I don’t know, I don’t know Coffee, coffee, coffee, coffee, coffee and coffee.

∑ → Time changes everything, but it destroys everything. Does it change my love for Ni Xun?

Wait for me to be brave, and I will be happy.

╰+When the recruitment comes, you will feel lonely. メo

He also said, let go of your hand.

I was tempted to sell my soul so easily.

||| o ゛ Ten men. 〃 Nine bitches. ゞ

①? ? I don’t know. I don’t know. I don’t know.

It’s strange, but it’s often funny, but it’s easy.

There have never been two leaves in front of Yi wrapped in Ru. …

Love, what the hell? Are you laughing? Smile!

There are three kinds of ߇堺丄冇, ⢭➭, ㄝ➭.

Miss//pray/℡ ╲ _/~ ↘ Really 𔱮. Only when you lose ◆ ゃ do you know what treasure is? ˇ∨

Choose a portrait? ? The child is like a child.

Let me see if it is suitable for you.

Thank you ω ο Good dε When Kun waits to speak, he talks and jabs. 

"WoYa, marry JiXin to Yang, ok?

It’s wonderful to beautify the room, so that you can remember the past.

Small 3 膮? ? Good thing, he brought the dog things that love you.

Being loved, having children, and dying are always premature.

If you are hurt, you should set a knife and talk freely, especially if you are close to me.

I’m so excited, I’m so happy, I know each other, and I don’t know each other.

You suddenly find that you are old.

Accustomed to betraying, seeking to be virtuous, and being honest, you should be punished by life.

It’s a sin to be alone, after all, you are too narrow-minded and narrow-minded.

← My hair is hot, my language is weak, and what I have learned is still my first appearance.

I’m happy, I’m happy, I’m happy, I’m happy, I want to be happy.

As brave as I am, I always want to run away, so it is better to embrace love.

The knot makes it even more difficult to finish the work.

When I meet you, I feel that I’m awake, and I’m brave.

Don’t buy it, don’t buy it, don’t be empty, love it.

Like an old spring, a new cover, it is contradictory and harmonious.

Sooner or later, I’ll learn about firewood, oil and salt, and I’ll become an old shopkeeper.

Don’t let yourself break up with what you think, I wear the most unrequited Myanmar tool to break up with you.

Talking about love stories is like singing love songs, and it’s so loud that it’s sour.

I’d like to take you in and put you in every place. ? In an instant, do you stop?

Even if it’s a lie, I think it’s magnanimous.

♴⚏଒亊の侽亽, 事 is to get used to ⚏のㄝㄝㄝㄡでどㅛ𝙝𝕛.

After the war, I will warm my heart to the sun and wait for the enthusiasm to be released.

If it’s a spicy wine, I want to drink it, and I want to drink it.

①? ? That lame remark lied to you. Let’s talk like that. Let’s be extra careful.

I’m proud. Who bowed their heads and came later? I’m a clever dog.

ˇ滤佌鉯銗 η ι The wind and rain are also embarrassing.

①? ? I don’t know what I’m saying, but it’s a long time ago.

When flowers bloom, you have to leave, and you have to keep your expectations.

It’s necessary to ask you what you think. Let’s make it simple.

The stupidest thing is to splash your hands to see if it affects your mood.

I don’t know, I don’t know, I don’t know, I don’t know, I don’t know, I don’t know.

I really admire the love like He Jiong Nana.

It’s a gradual process, and it’s a gradual process.

It’s embarrassing, awkward, and awkward.

I want to be around you, and I’m τ ♫♫♫♫♫♫♫♫♫♫♫♫♫♫♫♫♫♫ τ ā。

伱岢 ① ߇の菰 の の の の の の の の の の の の の の の の の の の の 12

　　On September 24th, the Hexi District Epidemic Prevention and Control Command issued a notice to delimit high, medium and low risk areas, which are managed statically.

　　Notice of Hexi District on Static Management of Some Streets

　　According to the situation of epidemic prevention and control, in order to effectively protect people’s life safety and health, and quickly and effectively block the risk of epidemic spread, according to relevant laws and regulations and relevant provisions on epidemic prevention and control, through comprehensive judgment, some streets in Hexi District implemented static management. The relevant matters are hereby notified as follows:

　　Since 6: 00 on September 24th, Hexi District has implemented static management on Jianshan Street, Guajiasi Street and Yuexiu Road Street except the original Hewei District (tentatively for three days, nucleic acid detection will be carried out every day).

　　Residents in the above-mentioned areas shall not flow unless necessary, and strictly implement the requirements of not leaving the community, not leaving the street or leaving the area unless necessary. Epidemic prevention and control service personnel, medical staff, security personnel, urban basic operation and maintenance personnel and material support personnel are required to hold certificates issued by their own streets before they can pass. Only the vegetable market, supermarkets, pharmacies and other business places related to the people’s livelihood and medical insurance are reserved, and all others are temporarily closed. All bus and subway stations in the above areas are temporarily cancelled. Organs, enterprises and institutions at all levels work at home.

　　Our district has established a material supply guarantee mechanism, which can fully guarantee the supply of daily necessities. Please feel at home. If you have any questions about medical treatment, medicine purchase and other special needs, please contact your community in time. At the same time, strictly abide by the Law on the Prevention and Control of Infectious Diseases in People’s Republic of China (PRC), fulfill citizens’ legal obligations, obey the unified arrangements of staff, fully cooperate with the investigation and control of risk personnel, accept preventive and control measures such as investigation of infectious diseases, sample collection, nucleic acid detection and isolation treatment according to law, truthfully provide relevant information, report to the community as soon as possible if symptoms such as fever, cough and decreased sense of smell, and go to the designated hospital for treatment in accordance with the relevant provisions on epidemic prevention and control. It is strictly forbidden to hide it.

　　Please pay close attention to the information released by the official authority, and do not panic, believe in rumors, spread rumors or make rumors. Everything is subject to official notification. The above prevention and control measures will be stopped until further notice.

　　If necessary, this notice can be used as proof of leave.

　　Notice of Hexi District on Delineating High, Medium and Low Risk Zones

　　According to the situation of epidemic prevention and control, in order to effectively protect people’s health and life safety, according to the relevant laws and regulations and the relevant provisions of epidemic prevention and control, and after comprehensive judgment by the expert group, the relevant matters concerning the delineation of high, medium and low risk areas are hereby notified as follows:

　　1. From the moment the announcement is issued, gates 41, 43, 45 and 47 of Hongshengli, Jianshan Street, Hexi District are designated as high-risk areas. In high-risk areas, control measures such as "staying at home, on-site service" are implemented, and residents regularly conduct nucleic acid testing according to the unified arrangements of street communities.

　　2. Since the announcement is issued immediately, other areas in Hongshengli, Jianshan Street, Hexi District except the above-mentioned high-risk areas are designated as medium-risk areas. In the medium-risk area, control measures such as "staying out of the area and taking things at the wrong peak" are implemented. In principle, residents stay at home. Under the premise of strict personal protection, each household can arrange one person every day to go to the designated area to buy or receive online shopping items in a non-contact manner in accordance with the mode of "time-sharing, time-sharing and current-limiting". According to the unified arrangement of the street community, residents went downstairs in an orderly manner to the designated place for nucleic acid testing.

　　3. Since the announcement, Jianshan Street is a low-risk area except for the above-mentioned risk areas. In low-risk areas, preventive measures such as "personal protection and avoiding gathering" shall be implemented. Strengthen social control, and all kinds of personnel in the area should carry out nucleic acid testing as required, and try to reduce going out, gathering and gathering as much as possible during the period, and do personal protection when necessary. People in the low-risk area don’t have to leave the low-risk area, and if they really need to move across regions, they must hold negative nucleic acid test certificates within 48 hours.

　　Four, our region has established a material supply mechanism, which can fully guarantee the supply of daily necessities. Residents are requested to stay at home with peace of mind. If they have special needs such as seeking medical treatment and purchasing medicines, and related questions such as abnormal health code assignment, please contact their communities in time. At the same time, strictly abide by the Law on the Prevention and Control of Infectious Diseases in People’s Republic of China (PRC), fulfill citizens’ legal obligations, obey the unified arrangements of community workers, fully cooperate with the investigation and control of risk personnel, accept preventive and control measures such as investigation, sample collection, detection and isolation treatment of infectious diseases according to law, and truthfully provide relevant information. If symptoms such as fever, cough and decreased sense of smell occur, report to the community as soon as possible, and go to the designated hospital for treatment in accordance with the relevant provisions on epidemic prevention and control. It is strictly forbidden to conceal them.

　　Please pay close attention to the information released by the official authority, and do not panic, believe in rumors, spread rumors or make rumors. Everything is subject to official notification. The above prevention and control measures will be stopped until further notice. If necessary, this notice can be used as proof of leave.

　　Notice of Hexi District on Adjusting High-risk Areas

　　According to the situation of epidemic prevention and control, in order to effectively protect people’s health and life safety, according to the relevant laws and regulations and the relevant provisions of epidemic prevention and control, after comprehensive judgment by the expert group, the relevant matters concerning the adjustment of high-risk areas are hereby notified as follows:

　　1. Immediately after the announcement, adjust Gate 46 and Gate 48 of Hengshan Lane, Liulin Street, Hexi District to a high-risk area. In high-risk areas, control measures such as "staying at home, on-site service" are implemented, and residents regularly conduct nucleic acid testing according to the unified arrangements of street communities.

　　Two, our region has established a material supply mechanism, which can fully guarantee the supply of daily necessities. Residents are requested to stay at home with peace of mind. If they have special needs such as seeking medical treatment and purchasing medicines, and related questions such as abnormal health code assignment, please contact their communities in time. At the same time, strictly abide by the Law on the Prevention and Control of Infectious Diseases in People’s Republic of China (PRC), fulfill citizens’ legal obligations, obey the unified arrangements of community workers, fully cooperate with the investigation and control of risk personnel, accept preventive and control measures such as investigation, sample collection, detection and isolation treatment of infectious diseases according to law, and truthfully provide relevant information. If symptoms such as fever, cough and decreased sense of smell occur, report to the community as soon as possible, and go to the designated hospital for treatment in accordance with the relevant provisions on epidemic prevention and control. It is strictly forbidden to conceal them.

　　Please pay close attention to the information released by the official authority, and do not panic, believe in rumors, spread rumors or make rumors. Everything is subject to official notification. The above prevention and control measures will be stopped until further notice. If necessary, this notice can be used as proof of leave.

Tourists take photos and punch cards in Hong Yegu, Jinan.

　　Since January 12th, Jinan announced that 11 A-level state-owned scenic spots are free of tickets, the new trends have been constant: some scenic spots receive 2000 people’s reservations a day, and some non-state-owned scenic spots have also begun to announce free tickets … …

　　Can free tickets in scenic spots effectively incite the Spring Festival tourism market to pick up? What advantages and challenges will it bring to Jinan? New Yellow River reporter interviewed scenic spots, tourism practitioners, relevant departments and industry experts.

　　There are scenic spots that receive 2000 online reservations one day.

　　In the past two days, A-level state-owned scenic spots, such as Baotuquan Park, the first spring in Jinan, Hong Yegu Eco-cultural Tourism Zone and Jinan Wildlife World, which are free of charge, have announced the reservation details one after another, and Hong Yegu has opened the reservation channel.

　　What’s the effect? According to relevant sources in Hong Yegu, since the reservation channel was opened at around 12:00 noon on the 14th, as of 10:30 am on the 15th, about 2,000 people have made online reservations.

　　"Although the ticket revenue has decreased, with the arrival of more tourists, secondary consumption can make up for certain losses." According to the above-mentioned related persons, at present, there are entertainment projects such as accommodation, catering, jungle slide and rainbow slide in the park, and at the same time, the Ice Waterfall Festival, Plum Blossom Festival and colorful Spring Festival cultural activities have been launched. "From July 16 to August 31, 2022, we also launched free ticket activities, and from the last experience, the effect was not bad."

　　Baimaiquan Park is also accelerating the introduction of more entertainment facilities to enhance the tourist experience. "During the Spring Festival, we launched the Year of the Rabbit Food Festival, and there are many related cultural and creative products such as Li Qingzhao in the park." Wang Lan, deputy manager of Baimaiquan Park, said frankly that this free ticket will bring some losses to the scenic spot, but it is very helpful for promoting the image of the scenic spot and enhancing the popularity of the scenic spot. Moreover, as a public resource, Baimaiquan has launched free ticket activities many times before during the Spring Festival. "We will also send more people during the Spring Festival to ensure that the service is not discounted."

　　According to Wang Lan, since August 2020, Baimaiquan has always adhered to the preferential ticket policy — — A 20% discount on working days means 10 yuan/person, and a 50% discount on weekends and legal holidays means 25 yuan/person. "Perhaps the spring water is better, coupled with the attraction of preferential policies, in the past two years, the income of our park has increased compared with that before the epidemic."

Jinan Times New Yellow River Client Reporter Huang Zhongming (photo)

　　Two more scenic spots in Jinan have announced free tickets.

　　Following the free admission of 11 state-owned scenic spots, on 15th, two scenic spots in Jinan were declared free, namely Shijiezhai Scenic Spot in Jinan and Liantaishan Scenic Spot.

　　Wang Wenyou, deputy general manager of the marketing department of Shijiezhai Scenic Spot in Jinan, introduced that as a private enterprise, the scenic spot implements a free policy for large tickets for tourists from all over the country, and the free time is January 22 (the first day of the first month) — February 5 (the fifteenth day of the first month).

　　"We planned a variety of activities during the Spring Festival. We had already sold a lot of tickets in advance, and only today we refunded nearly 200,000 yuan." Wang Wenyou introduced that although it was foreseen that this free ticket activity would bring some losses to the scenic spot, Chairman Yu Luhai decided to "free tickets" at the first time after receiving the news that "11 A-level state-owned scenic spots in Jinan are free". "As a representative of the People’s Congress of the Central District, our chairman believes that the scenic spot should have social responsibility and actively respond to the government’s call to let the citizens have a more happy and peaceful Spring Festival".

　　According to reports, Shicheng Village has a history of thousands of years, and Murong De, the emperor of Southern Yan, once camped here. After 20 years of ecological restoration and supporting construction, it has become a scenic spot covering an area of more than 5,000 mu, the first homestay gathering area in Jinan, and the Grand View Garden with the most online celebrity projects. During the Spring Festival, Shigezhai Scenic Area planned and launched four major theme activities, including exploring secrets, playing with snow, praying for blessings and homesickness, including more than ten kinds of snow-playing equipment, such as snow circle, snow turning and snow bumper ball, and rural drama with unique characteristics of Quancheng, and special performances such as Shandong Qinshu and Shandong Allegro. In the B&B area, tourists will also be provided with night talk around the stove, warm wine and tea, and watch the lights and enjoy the snow.

　　In addition, the Liantai Mountain Scenic Area in Jinan also confirmed to the New Yellow River reporter that it will be held on January 21 (30 th) — It was opened free of charge on February 19th (29th day of the first month), and the scenic spot had previously announced that it would be closed from 16th.

　　Jinan city search volume increased by 15% month on month.

　　Can free tickets in scenic spots effectively incite Jinan tourism market to pick up?

　　Many people in the industry said that although free tickets in scenic spots have reduced the current income, in the long run, it is of positive significance to enhance industry confidence, stimulate local economic growth and expand consumption. The reason is that tourism covers six elements: food, housing, transportation, travel, shopping and entertainment. The introduction of free tickets in scenic spots will inevitably stimulate the comprehensive consumption of accommodation, catering, transportation and other related industries, especially after the free opening of key scenic spots or landmark scenic spots, the flow of people and the level of comprehensive consumption have increased significantly.

　　There have been precedents before. During the National Day holiday in 2022, driven by the free ticket policy, Wuyishan received a total of 232,200 tourists, an increase of 209.6% year-on-year; Accumulated tourism revenue was 302 million yuan, up 265.45% year-on-year; June 1, 2022 — On December 31st, 11 A-level state-owned scenic spots in Qingdao, such as Laoshan Mountain, Underwater World and Langyatai, also implemented the policy of free admission. Over the past six months, they have received a total of 6.164 million tourists, driving the direct tourism revenue to increase by 4.32 billion yuan and the national economy to increase by 18.5 billion yuan.

　　"Previously, the attraction effect of free tickets in scenic spots was still affected by the epidemic, but now with the adjustment of epidemic prevention and control policies, ‘ Multiplier effect ’ It may be bigger. " An industry insider analyzed.

　　Dong Jianguo, director of the Resource Development Department of Jinan Culture and Tourism Bureau, said in an interview with the reporter of New Yellow River that since Jinan announced that 11 A-level state-owned scenic spots were free of tickets on the 12th, the number of hotel reservations in the urban area has gradually increased.

　　Data from Ctrip also shows that since the 12th, the search volume of Jinan city during the Spring Festival has increased by about 15% compared with last week. "It is expected that during the Spring Festival this year, the number of hotel reservations will exceed the same period in 2019." Song Wenjing, regional head of Ctrip Jinan, said.

　　"Because the free ticket policy has been launched for a short time, we haven’t had time to plan related new products, so the impact on travel agencies is not great, but it is definitely a big plus for local tours and Zhou Bianyou." Zhang Xiaoguo, chairman of Shandong Guoxin International Travel Service, said that after years of cultivation and publicity, before the epidemic, Jinan’s Spring Festival tourism market had made considerable breakthroughs. Whether it was Jinan’s unique streets or historical celebrities such as Qin Qiong and Li Qingzhao, it attracted tourists from all over the world to come to Jinan for the New Year. "However, the impact of the epidemic still exists. In the Spring Festival this year, southern cities such as Dali and Sanya may still be tourist hotspots, but for local citizens in Jinan and tourists from surrounding provinces and cities, the free ticket policy is quite attractive."

　　This view has also been recognized by many experts and insiders.

　　Free admission to scenic spots is a city gesture.

　　Zhang Zhenpeng, vice president and professor of Shenzhen University’s Cultural Industry Research Institute, also believes that free admission to scenic spots is of great benefit to enhancing the city’s image, remolding industry confidence and mass tourism habits.

　　"Three years of epidemic, although ‘ New Ten Articles ’ And the implementation of Covid-19 infection ‘ Class b tube ’ After the release of the plan, the public’s tourism enthusiasm was gradually released, but many people still held a wait-and-see attitude. " Zhang Zhenpeng said that the introduction of the free ticket policy in scenic spots will attract more people to come out, re-establish the connection between people, people and nature, people and the real world, and stimulate everyone’s enthusiasm for tourism.

　　In addition, the state-owned scenic spots have public attributes and are open to citizens and tourists free of charge, which can further enhance the happiness and sense of ownership of local citizens, which is a good comfort to everyone’s mood and spirit. "Free admission is a gesture of the city and a shaping of the sense of ownership of urban residents, which will help Jinan to build a civilized model city, because only citizens regard this city as their own will they be willing to be ‘ Tap water ’ To promote the city, this is how much publicity funds can’t buy. " Zhang Zhenpeng said.

　　Wang Chenguang, director of the Culture and Tourism Research Center of Shandong University, also believes that the free opening of state-owned scenic spots reflects the responsibility and responsibility of a city, which is of great significance to the brand building and influence enhancement of Jinan city.

　　Some insiders also said that Jinan is a city rich in cultural tourism resources and operates properly. Damei Jinan can be transformed into a city with talents, a youth-friendly city, a model city of civilization, an international fashion capital, and a core growth pole for ecological protection and high-quality development in the Yellow River Basin. "Free admission is an incision for urban opening, a window for urban promotion and an interface for urban development."

　　"once and for all" NO! Try to experience

　　Can free tickets win with one stroke? The answer, of course, is no.

　　Wang Chenguang said that free admission is both an opportunity and a challenge for both scenic spots and cities. First of all, for scenic spots, free tickets will bring huge passenger flow during the Spring Festival holiday, which will test the service and management ability of the scenic spots. The scenic spots should return to normal as soon as possible. In addition to showing the beauty of the scenic spots to tourists, they should also do a good job in security, improve the whole service process and improve the quality of tourism services.

　　For the government, free admission to scenic spots is a systematic project, especially affected by the three-year epidemic, and the tourism industry is "seriously damaged". The government should study comprehensive policies to solve the actual difficulties of scenic spots while calculating the economic "big account".

　　And the current "competition" is fierce. Searching online for "Free Tickets in Spring Festival Scenic Spots", you will find that Zhejiang, Henan, Guangxi, Shanxi, Guizhou, Xizang, Taierzhuang, "Sankong" and other scenic spots in the province have all launched free activities.

　　"At the moment, whether tourists are willing to set foot in the scenic spot does not directly depend on the ticket price. The creation of gameplay and experience is inevitable for the future development of scenic spots." Many experts agree that the price reduction of scenic spots tickets is the general trend, whether it is in response to the policy call for free ticket reduction or in order to take the initiative to reduce the price for free tickets. However, free ticket reduction and price reduction are only appearances. Only by constantly innovating product forms and revenue methods and upgrading the service experience can the scenic spots "blow away the wild sand and start with gold" in the tide of price reduction and free ticket reduction, making the golden signboard of tourist attractions more attractive.

　　CCTV News:According to the data of the National Development and Reform Commission, the equipment renewal in several key areas such as industry, agriculture and construction is expected to drive the formation of a huge market with an annual scale of more than 5 trillion yuan. Among them, the manufacturing industry has a relatively large scale and a relatively large growth potential. At present, the energy-saving renovation of the manufacturing industry is also a big part of the signed equipment renewal and refinancing contract of more than 50 billion yuan. With the continuous efforts to improve the efficiency of the equipment renewal policy, the equipment parts enterprises at the front end of the industrial chain felt many new changes in 2024.

　　This is the largest production base of mechanical arm reducer bearing in China. The reducer bearing mainly plays the role of rotation and support, and the products here are used in the joints of most mechanical arms in the market.

　　In 2024, the large-scale equipment update will drive the development of CNC machine tools and industrial automation, especially the demand for robotic arms will increase. On average, one robotic arm will use three reducer bearings.

　　There is more than one company that feels the increase in orders. In the workshop of this bearing enterprise, more than 300 sets of new energy bearing equipment have been boxed and will be sent to Tianjin, Hunan and Chongqing soon. According to the relevant person in charge, the large-scale equipment renewal in the energy fields such as wind power, photovoltaic, hydropower, etc. has led to an increase in the output of wind turbines, photovoltaic systems and hydraulic turbines, and the demand for corresponding parts has naturally increased.

　　Liquid-cooled server hot-selling data center accelerates to "green"

　　In addition to spare parts, the characteristics of large-scale equipment renewal in 2024 are observed through a specific class of products. Computing center is an important new infrastructure, but it is also one of the areas where energy consumption has increased rapidly in recent years. In this round of equipment update, how to make the computing center more "new" and "green"?

　　In a server factory in Jinan, man and machine are busy here, and now the average number of liquid-cooled servers offline every day reaches 1000.

　　According to the relevant person in charge, most of these orders come from Guangdong, Guizhou and other places, and these provinces are "provinces with great computing power". After putting into use for many years, a considerable number of servers in the local data center are aging and need to be updated.

　　In order to cope with the increasing orders and more complicated production process of liquid-cooled servers, in 2024, the company itself also updated its equipment.

　　Aiming at the new demand for products and services in the large-scale equipment update in 2024, Shandong, a major manufacturing province, is accelerating to build a "toolbox" for equipment update.

　　New policies have been introduced in various places to support equipment renewal.

　　According to the macroeconomic operation data of August released recently, from January to August, 2024, the investment in purchasing equipment and tools increased by 16.8% year-on-year, accounting for more than 60% of the total investment growth.

　　In August, the added value of many equipment manufacturing related industries showed double-digit growth. According to the latest data from the National Development and Reform Commission, at present, more than 30 provinces, autonomous regions, municipalities directly under the Central Government and cities with separate plans, including Beijing, Shanxi and Sichuan, and Xinjiang Production and Construction Corps have issued policies and measures to support large-scale equipment renewal, covering equipment renewal in the fields of old elevators, data centers, energy and electricity.