This Spring Festival, Tan Zhu noticed such a set of data:

　　On New Year’s Eve, with the ringing of the bell at zero o’clock, the Internet Clearing Company and China UnionPay handled the whole industry online payment transaction.Reach peak value, the maximum concurrency is109,000 pens per secondCompared with last year.Increase by 4.61%, ChuangA record high in the same period.

　　If we look at the time longer, from New Year’s Eve to New Year’s Eve, online payment transactions also achieved rapid growth. The industry-wide online payment handled a total of 15.38 billion transactions, amounting to 7.74 trillion yuan, up 15.8% and 10.1% respectively.

　　The Spring Festival holiday is coming, and the work of the new year has just begun. What can we find from some hot phenomena of the Spring Festival and the data of the previous two months?

　　The online payment data during the Spring Festival can reflect the degree of consumption activity to some extent. However, some people will say that the data during the Spring Festival is only a case and does not represent a long-term trend.

　　If you want to look at it based on the data of the recent period, it may involve an indicator, that is,Narrow money (M1).

　　Narrow money (M1) generally refers to the sum of cash in circulation and demand deposits of commercial banks, which can be directly converted intoPurchasing power funds.

　　According to the data of the People’s Bank of China, the balance of narrow money (M1) in January was year-on-year.Increase by 5.9%, the growth rate at the end of last month.4.6 percentage points higher.

　　In this way, money that can be more directly converted into purchasing power is inincreaseYes. But to explain whether the money is spent or not, we need to introduce more dimensions.Broad money (M2).

　　Broad money (M2) is the sum of narrow money (M1) and time deposits of commercial banks. Generally speaking, if the M2-M1 scissors are different.reduceIt means that there is a signal that the activity of micro-subjects has increased and residents’ consumption and corporate investment decisions have become more positive. This in itself can be regarded asMarket confidence recoveryA sign of.

　　At the end of January, the balance of broad money (M2) was year-on-year.Increase by 8.7%. Calculated, M2-M1 scissors difference is2.8%Compared with the end of last month.8.4%Significantly narrowed.

　　Specific to the consumption scene, Tan Zhu noticed that this year’s Spring Festival has a new phenomenon that is particularly striking — — Green products and services such as low-carbon travel are popular.

　　An important reason is that in 2023, China’s automobile sales exceeded 30 million, of which the sales of new energy vehicles accounted for nearly one third. This Spring Festival, many car owners experienced Spring Festival travel rush for the first time. Correspondingly, the need for charging has become particularly prominent.

　　Tan Zhu noticed that from the early years to the third day of the New Year, the cumulative charging amount of new energy vehicles on the national highways was reached by charging piles.49.9 million kwh.There is a doorway to how much it costs to charge the electricity.

　　In fact, in the peak period, flat peak period and trough period, the charging cost is different. In some places, the difference between charging 1 kWh during peak period and trough period isAbout 1 yuan. As consumers, everyone wants to charge during the low power consumption period. To achieve this goal, all charging piles need to be digitally and intelligently managed.

　　This point has now been initially realized.

　　At present, there are alreadyMore than 1 million charging pilesAccess to the smart car networking platform of the State Grid. Through this platform, it is not only convenient to check all the charging stations on the national highways, but also convenient to control the power of charging piles according to the electricity demand in different regions, so as to promote the peak load cutting and valley filling.

　　According to the plan of our country, the pilot cities participating in the interactive demonstration of vehicle network should strive toIn 2025, more than 60% of the charged electricity will be concentrated in the low valley..

　　During the Spring Festival, many people travel long distances, whether traveling or visiting relatives, using electric vehicles. Such a large amount of electricity for travel is a test of intelligent infrastructure. After such a test, the scenes of long-distance travel by electric vehicles in the future are not limited to traveling and visiting relatives.

　　In fact, whether it is a charging pile or a 5G base station that helps the charging pile realize network interconnection, it has long been a key area of new infrastructure, and these investments have made it today.Digital, intelligent and greenThe consumption scene.

　　What’s the significance of this new way of traveling to China’s economy?

　　Take the hot tourism during the Spring Festival as an example. Low cost and convenient travel have promoted tourism consumption. On the basis of January, the tourism consumption data in February will definitely be further improved, and this change will be reflected in the well-known consumer price index (CPI).

　　However, the data of CPI itself has been used to criticize China’s economy in the past year or two.

　　Not long ago, the National Bureau of Statistics released monthly data for January, including consumer price index (CPI)There was a year-on-year decline.. Many foreign media use the consumer price index (CPI) as the "biggest decline" in 15 years to show that China’s economy has fallen into "price decline — A vicious circle of reduced consumption.

　　So how should we view the recent price fluctuations?

　　Jin Ruiting, an economic expert close to the National Development and Reform Commission, shared a concept with Tan Zhu.Staggered moon effect. CPI in January this yearDecline year-on-yearMainly due to the "wrong month effect" of the Spring Festival.

　　Because January last year coincided with the Spring Festival, the drive to consumption was more obvious, which made the base of the year-on-year data in January this year originally relatively high and was released during the Spring Festival.consumer demandIt will not be reflected in the data of January this year.

　　If we disassemble the structure of CPI again, this "wrong month effect" factor will become more obvious.

　　The statistical survey of consumer prices by the National Bureau of Statistics covers food, alcohol, tobacco, clothing, housing, daily necessities and services, transportation and communication, education, culture and entertainment, medical care and other supplies and services consumed by urban and rural residents throughout the country.8 categories, 268Prices of basic categories of goods and services.

　　The year-on-year decline in January was mainly concentrated infoodThis category, due to the food price.seasonal variationOften larger, the gap between holidays and non-holidays will be very obvious.

　　But in addition to food, in fact,Prices of industrial consumer goods and servicesAre maintained atmoderateriseInterval.

　　In the CPI data statistics, the National Bureau of Statistics will also specifically calculate the amount after deducting food and energy.Core CPITo better measure.Long-term price trend. In January, after deducting food and energy, the core CPI dataThe increase is equivalent to the average level of the same period in the past decade..

　　Further analysis, compared with the year-on-year data, CPI ring-on-ring data can more intuitively reflect theShort-term trend.

　　January CPI dataUp 0.3% from the previous monthIn the short term, it is also in a reasonableModerate rising range.

　　Relevant professionals told Tan Zhu that when looking at the CPI data in January, we should also consider the decline in pork prices.Periodic factorAnd the decline in oil prices.Input factor. In addition, we should also consider the disturbance factors of traffic breakdown. With the peak in Spring Festival travel rush in February, it is expected that the CPI will also change.

　　Any data should be placed intrend, only has the meaning of interpretation.

　　Looking at the cycle of the past year, the overall CPI data of China is still inPositive intervalOverall, it showed a moderate increase and did not fall into a continuous decline.

　　China’s CPI data, regardless of horizontal ratio, vertical view, or disassembly, areUnable to inferThe so-called "overall decline in prices" trend.

　　The so-called "price drop — The vicious circle of consumption reduction is even moreDidn’t appear. Per capita consumption expenditure of consumers in China in 2023Increase by 9%, the national per capita service consumption expenditure growth.14.4%.

　　On the whole, China’s domestic demand will be there throughout 2023.Recover graduallyAmong them.

　　In 2023, the total retail sales of consumer goods in China reached47.1 trillion yuanScale of investment in fixed assets50.3 trillion yuanThe contribution rate of domestic demand to economic growth has reached111.4%, higher than last year.25.3 percentage points.

　　Since the CPI data of China is generally stable, why are there always some voices saying things with this indicator?

　　Analysis of some American and Western media reports on the fluctuation of CPI data in China this year shows that the main conclusion it points to isChina’s economy is in deflation..

　　Jin Ruiting has a persistent concern about the concept of "deflation". He mentioned that in the definition of western economics, there are usually several indicators to judge whether an economy is in "deflation":

　　｜｜First, the overall price level has declined.

　　｜｜Second, the money supply has decreased.

　　｜｜Third, with the economic recession.

　　Usually, these three phenomena appear at the same time, and it is judged that there has been "deflation". But according to the above, in China, these three situations arenon-existent.

　　Since the "deflation" mentioned by these foreign media is not a definition that conforms to economic logic, what is the purpose of choosing the concept of "deflation" to continuously shape China’s economy?

　　Tan Zhu extracted the theme of foreign media reports on China’s economic "deflation" since 2023, among which a technical term — —"balance sheet recession".

　　This is the foreign media’s "deflation" in the past year.Mention togetherA new word, but the word itself has appeared for many years.

　　Going forward, it goes back to the 1990 s. At that time, the debt backlog caused by the bursting of Japan’s economic bubble made Japanese people and enterprises tighten their wallets, even if the bank interest rate dropped to zero, they could not get interest.I just want to save money or pay my debts first.Not to mention spending money on consumption and investment.

　　Faced with this phenomenon, economist Gu Chaoming put forward the concept of "balance sheet recession" after Japan’s economic bubble burst, describing the residents andEnterprises are insolvent, and they only save and don’t spend.— — "Insufficient demand" toextremeA state of being.

　　In this state, a country’s central bank’s macro policies, such as lowering interest rates or increasing money supply, will almost be ineffective and can only be adopted.Structural reform of the economic systemIt is possible to get rid of such a situation.

　　Relevant professionals told Mr. Tan that the significance of discussing "deflation" is not its definition, but what really matters is.Policy implications behind different definitions.

　　This is exactly whatRecognize the narrative of "deflation"The core of.

　　Now foreign media apply the concept of "balance sheet recession" and "deflation" to China’s economy. An important purpose is to ask China to follow the "prescription" prescribed by the United States and the WestTransform one’s own economy, especially want to use the so-called "lessons" to tell China:

　　China’s economic model is not good and must be changed — — Don’t waste time on long-term transformation and upgrading unless you take immediate action."Water release" to stimulate the economyOtherwise, it will follow Japan’s footsteps.

　　However, more than one economic expert who has studied the concept of "balance sheet recession" has mentioned it to Tan Zhu.There are huge differences between China and Japan, and related concepts cannot be directly applied..

　　At present, there are three factors in China’s economy that do not meet many important characteristics of "balance sheet recession":

　　｜｜China’s economy is still there.Maintain recovery growth, did not fall into recession;

　　｜｜Total credit and social financingStill keep growing;

　　｜｜The government’s debt ratio is still atSafety level.

　　So how should we understand China’s logic of adjusting its own economic operation rhythm?

　　Dong Yu, a Tsinghua University scholar who has participated in many five-year plans, has learned from oneA longer-term perspectiveMade a review.

　　Historically, China has also experienced similar data fluctuations before, one of which is 2012-2016, during which another indicator to measure the price level is the industrial producer ex-factory price index (PPI).Negative for 54 consecutive months, the lowest-5.9%, but CPI is still positive.

　　After this happened, China didn’t choose to "throw money" directly. Dong Yu told Master Tan that the way China took wasSupply-side structural reform.

　　Specifically, we corrected the price signal and realized PPI by reducing the cost of the real economy and accelerating the cultivation of high-tech industries and strategic emerging industries.From negative to positive.

　　We didn’t choose to treat a headache, but exerted our strength on the supply side.Transition to high-quality development. This way may not be the fastest, but the problem can be solved for a long time.

　　This transformation effort is reflected in the field of money and finance, that is,Quality improvement and optimization of credit supply structure.

　　Since 2018,Pratt & Whitney Small and Micro Loans, Medium-and Long-term Loans for Manufacturing Industry, and Green LoansThe constant growth rate continued to be higher than the growth rate of all loans, while the growth of traditional kinetic energy loans such as real estate and local financing platforms slowed down and the proportion gradually declined.

　　Financial institutions continue to increase their support for major strategies, key areas and weak links.Supply-side structural reform matching the production end.

　　In recent years, we can feel that the country has been emphasizing.Support the real economy and technological innovation.

　　This kind of support is to form production capacity and products that meet the development direction and market demand, and to give consideration to both the present and the long-term, create long-term effects through investment, and achieve a high-level balance between demand pulling supply and supply creating demand.

　　Because of this, we can see that investment is constantly shifting to strategic emerging industries.

　　In 2023, central enterprises completed the investment in strategic emerging industries.2.2 trillion yuan, year-on-year growth32.1%。

　　The investment in new energy has increased over the same period last year.34%.

　　Matching with it, we have seen that the investment direction of green, intelligent and digital is changing into a new consumption trend that pursues green health, scientific and technological intelligence and diverse personality.

　　After reading these analyses, let’s recall the "argument" that sings down China’s economy. No matter whether it is "having money and not spending it" or the so-called "deflation" in China’s economy, it can’t be.Fact levelStand still.

　　becauseRarely go deepUnderstand China, so it will appear that after seeing the fluctuation of individual indicators,"Listening to the wind is rain"The situation.

　　What we have to do isIn wind and rain these mansions would stand like mountains high, is staring at the goal, at the problem, continue to take your own path, continue to do your own thing. No matter how high the mountain is, if you climb it, you will always reach the top; No matter how long the road is, if you go on, you will definitely arrive!

Special feature of 1905 film network The total box office of the film in the National Day file exceeded 200 million, and the box office in a single day fell four times. It is the new film in the National Day file with the largest number of negative drops and the only increase in the proportion of films in a single day for five consecutive days, creating a counterattack performance.

The film is directed by, starring Panda Huhu, Huhu, Huhu, Huhu and Huhu. The story revolves around a panda-guarding war between the trio of the "Treasure" Alliance and international criminal organizations.

According to statistics, the film’s action elements attract more attention from older male audiences in Tik Tok, while its parent-child elements attract more older female audiences in the video number. The first starring role of the film is Panda Huhu, and the first genre is changed from action to comedy. This strategic change makes the family fun of the film more prominent and breaks through the audience limitations of Jackie Chan’s action comedy in the past.

So, what are the unknown secrets behind the birth of this family comedy action movie?

The origin of the filmyu chenglongIn the heart of regret, he has been right.Big BearCats have a special liking, not only adopted two giant pandas, but also became the "Chengdu Panda Ambassador".surplus strength/energyPublicizing the national treasure panda all over the world, but regretting that Chinese didn’t have its own panda kung fu movie, until director Zhang Luan found him with the script of Panda Project.

"When it comes to panda movies, everyone’s impression is that pandas are the national treasure of our country, Americans help us make them prosperous, we have kung fu, we have pandas, why don’t we make a panda movie of our own?" Jackie Chan said.

Zhang Luan, the director, knew that Jackie Chan had always wanted to make a movie about China pandas, and he happened to have a movie script, so he went to his eldest brother to test his will. "He said that as long as he had something to do with pandas, he would definitely like it. I said that, and we will continue to do this story. "

The story and the cast were confirmed, and the first challenge Zhang Luan encountered was to convince Jackie Chan to play himself.

"Eldest brother didn’t approve of playing himself before. I told him because I wanted the panda to be real, and the hero who protected the panda should also be real. Later, when Big Brother read the script, he said, Let’s just call it Jackie. Since then, Big Brother has accepted him to play himself a little bit. " Zhang Wei revealed.

Jackie Chan, the hero, is done, so how should the giant panda howl be presented? After several considerations, the crew finally adopted CG special effects to present the giant panda’s whirring. It has distinct hair roots, looks awkward, coquetry, cuddling, farting, naughty and funny, and it is simply cute.

For actors, it is no small challenge to interact closely with the virtual shout behind the special effects.

Jackie Chan admits that it is very difficult to imagine the panda’s weight for a non-physical performance. Shi Ce read the relevant information about the panda’s life habits in advance. "When you run with it, you will bump it again, and you are afraid that it will fall. If you don’t pay attention to this detail, it may be fake."

In order to reproduce Jackie Chan’s action comedy, there are many familiar action scenes in Panda Project, such as playing with bamboo sticks and extreme climbing, which will fill Jackie Chan’s unique comedy features.

Director Zhang Luan said: "We want to return to the classic Jackie Chan movies, with weapons at hand, and we can pick up something and turn it into a joke at hand, especially in the warehouse and the Panda Pavilion. We don’t need to help Big Brother design the action. He started watching it himself when he arrived at the scene. I feel that he is very excited."

Protecting the desperate Saburo Jackie Chan has also become a major task for the crew when shooting.

Zhang Luan recalled that when filming a car chase scene, Jackie Chan jumped up and down in the driving car. Although there was Weiya protection, it was dangerous for three cars to bump into each other, and it was thrilling to watch.

Wei Xiang especially admired Jackie Chan’s professionalism. "Big Brother hung Weiya’s slapping action for more than two hours that day. After he fainted, he lay in the lounge for half an hour before he recovered and continued filming. It was not easy, and he was still so persistent at the age of 70."

Jackie Chan said frankly: "When a play is finished, it will last forever. If this play is lazy, the audience will only know whether it is good or not, so we must persist in completing it under any circumstances. I only know that I want to make this movie well, and I want to make it well.

I hope I can contribute a little bit to this Chinese’s own Kung Fu Panda. At the same time, the panda, China Kung Fu and China culture will be promoted. I believe many people will like pandas better after watching this movie. “

　　After beginning of spring, the footsteps of spring came quietly. When it was warm and cold at first, the frequency of activities of traveling together and reuniting with family and friends also increased. When everything recovers, there are more opportunities for respiratory viruses. How to avoid being "disappointed" by them?

　　Let’s "unveil" those respiratory viruses together today to see who they really are, how to prevent them and how to deal with them!

　

　　What is respiratory virus?

　　When it comes to respiratory viruses, simply speaking, they are those viruses that are "good at" spreading through air, droplets or contact and "doing things" in our respiratory tract. They may not only make us cough, fever, sore throat and runny nose, but also cause other discomfort, such as fatigue, and even spread to other organs.

　

　　What are the "familiar face" respiratory viruses?

　　Don’t think that only the influenza virus and Covid-19 are the "protagonists". In fact, there are many "roles" active in this "respiratory drama":

　　Adenovirus: good at "messing up" the throat, lungs, eyes, and sometimes diarrhea;

　　Rhinovirus: a frequent visitor to the common cold, likes to make you sneeze and have a runny nose; It can also cause serious infections such as pneumonia;

　　Parainfluenza virus: its "specialty" is to make children have laryngitis and cough;

　　Respiratory syncytial virus (RSV): especially loves to "find trouble" for infants and young children, which is easy to cause bronchiolitis or pneumonia;

　　Common coronavirus: it will also make you catch a cold. Although it is not so "famous", it should not be underestimated.

　　Influenza virus and Covid-19: Needless to say, their "fame", protect key targets!

　　The symptoms after being infected with these viruses are sometimes very similar, such as nasal congestion, cough and fever, so it is really difficult to judge which virus is "responsible" by symptoms alone. In addition, all you need to know about the clinical manifestations, transmission routes and preventive measures of common respiratory viruses are in the following picture.

　

　　How to stay away from these respiratory viruses?

　　If you want to make these respiratory viruses impossible, you must remember the following tricks:

　　Keep your hands clean: Wash them with soap or hand sanitizer for at least 20 seconds, or use alcohol-based hand sanitizer. Don’t rub your eyes, nose and mouth with your hands.

　　Wear a mask scientifically: In crowded places, when visiting a doctor or taking public transportation, a mask is a good helper to prevent viruses.

　　Healthy lifestyle: balanced diet, moderate exercise, adequate rest and enhanced immunity.

　　Regular ventilation: let the air in the house circulate, and there are fewer viruses in the fresh air.

　　Active vaccination: Vaccinate against influenza every year and COVID-19 vaccine as needed, especially for high-risk groups such as the elderly, children, pregnant women and patients with chronic diseases, and build a "protective wall" for themselves.

　

　　What if I get infected?

　　If you accidentally get caught, don’t panic. The following "coping tips" can help you:

　　General treatment: rest more, drink more water and keep indoor ventilation. Most respiratory virus infections are self-limited and will be cured in 7-14 days.

　　Symptomatic medication: For example, you can use antipyretics when you have a fever, but remember to follow the doctor’s advice!

　　Seek medical attention in time: If you are elderly, children or people with weak immunity, don’t delay when the symptoms are serious, and go to the hospital for examination!

　　Pay attention to the health of family members, especially the elderly and children, and take scientific and reasonable protective measures to make the virus have nowhere to hide! With this knowledge, you can easily cope with these "small respiratory troubles", have a happy spring outing and come home healthy!

　

　　Authors: Institute of Virology, Yang Fuying, Feng Yedong, Chen Cao.

　　Audit: Han Jun

　　Editor: Liu Xiaolu, Zhang Linlin

　　Producer: Yao Jianyi and Yu Zihan.

　

Source: China CDC

　　On August 3, 2016, the Intermediate People’s Court of Yueyang City, Hunan Province made a final ruling on the case of poisoning rare and endangered birds in East Dongting Lake, and ruled that the appeal was rejected and the original judgment was upheld. Now, Dongting Lake has returned to calm, and all kinds of migratory birds can fly freely again.

　　63 carcasses of wild rare birds

　　East Dongting Lake National Nature Reserve covers an area of 190,000 hectares. In 1992, it was listed in the "List of World Important Wetlands", and the bird resources are very rich. At present, there are 338 species of birds recorded, including 7 species of first-class protected birds and 47 species of second-class protected birds.

　　On January 18, 2015, the staff of the East Dongting Lake Nature Reserve Administration found a suspicious ship while patrolling law enforcement, and two people on board abandoned the ship and fled. Law enforcement officers seized the bodies of 63 wild birds from the ship, including 12 cygnets and 5 white spoonbills, as well as red-spotted ducks, night herons, herons, spotted ducks and red-necked ducks. After identification, birds all contain carbofuran, a highly toxic pesticide.

　　The day after the incident, He Jianqiang and Zhong Dejun, who abandoned the ship and fled, went to Yueyang Forest Public Security Bureau, arguing that the dead bird was picked up by themselves while collecting fish in the lake. On the same day, the public security organs criminally detained the two men on suspicion of illegally transporting precious and endangered wild animals, but they were not sure whether they met the conditions for arrest, and requested the Yueyanglou District Procuratorate of Yueyang City to send personnel to intervene in advance to guide the investigation.

　　After listening to the preliminary investigation and handling of the case, reviewing the interrogation transcripts and other case files, the prosecutor Xiang Hua went to the crime scene for a field visit: "The daily fishing place of local fishermen is far from the place where dead birds are picked up. The two people who arrived at the case may have deliberately driven the boat into the bird picking area to pick up birds." After inspecting the scene, I expressed my views to China.

　　Boarding dozens of rare wild migratory birds across the county-level area has been suspected of illegally transporting the country’s precious and endangered wild animals. At the same time, according to the highly toxic pesticides contained in the birds, they are suspected of poisoning wild migratory birds, and other people involved are not excluded.

　　To this end, he put forward five suggestions to the task force: First, the two suspects who are currently in the case are suspected of illegally transporting precious and endangered wild animals to collect fixed relevant evidence; Second, in view of the fact that He and Zhong took the initiative to explain to the public security organs that the situation was well prepared, there was the possibility of collusion. He Jianqiang is the boss of Dongting Lake fishmonger, and it is difficult to get a confession from him. Therefore, we should focus on Zhong Dejun and take the source of dead birds as the entrance. The third is to follow the trail and focus on the perpetrators of poisoning, the destination of transportation and trafficking, and whether a black industrial chain has been formed. Fourth, according to the progress of the investigation, he and zhong were invited to arrest in time to promote the handling of cases; Fifth, all the interrogation, inquiry, identification and evidence collection processes will be synchronized with audio and video recordings to ensure that each piece of evidence can stand the test.

　　Poison birds and sell them to restaurants.

　　After careful investigation and evidence collection, Yueyang Forest Public Security Bureau submitted He and Zhong to Yueyang Lou District Procuratorate for approval of arrest on suspicion of illegally transporting precious and endangered wild animals. On February 16, 2015, the hospital made a decision to approve the arrest. At the same time, according to the confession of the criminal suspect Zhong Dejun, Little Swan and White Spoon are "fences" from Fang Jianhua and Yu Liuqiu respectively.

　　(A place for hunting fish in Tulei, Dongting Lake). The investigators analyzed that Fang and Yu were suspected of committing crimes. In order to urge the expansion of the investigation results, the procuratorial organ immediately started the procedure of filing a case to supervise the other party and the remaining two of the public security organs to file a case for investigation.

　　The public security organs intensified their investigation and handling of cases, and Fang Jianhua was arrested and brought to justice. He confessed the crime of poisoning around the "enclosure" and picking up the poisoned cygnets and white spoonbills and selling them to He Jianqiang at the instigation of He Jianqiang. According to this, the case-handling personnel sought Zhong Dejun. He admitted that he was instructed by He Jianqiang to buy 360 kilograms of carbofuran, a highly toxic pesticide, at a low price in an agricultural store in Nanxian County in December 2014, and put the pesticide in the shallow water area within a few hundred meters of the East Dongting Lake Reserve several times. When the birds died of foraging poisoning, they were picked up, and the goods were picked up by Li Qiang and sold to restaurants in Changde Hanshou and other places. At this point, the context of the case gradually became clear.

　　By tracking the progress of case investigation, Yueyanglou District Procuratorate supervised the filing of the criminal suspect Long Zhen suspected of illegal hunting according to law, and suggested pursuing the criminal suspects Long Xueru and Zhang Lianhai suspected of involvement in poisoning, and listed a detailed outline of supplementary evidence; At the same time, it reported to the higher-level procuratorate in time to win support, and twice submitted for approval to extend the investigation period, which provided strong support for the smooth detection of the whole case.

　　Finally, it was found out that He Jianqiang and others poisoned 17 national second-class protected animals and 46 national "three-owned" (terrestrial wild animals with beneficial or important economic and scientific research value) protected wild animals in the no-hunting area and during the no-hunting period, which was suspected of illegal hunting, killing precious and endangered wild animals and illegal hunting. Seven people were arrested and prosecuted in the whole case.

　　Pay attention to law enforcement extension

　　Considering the great impact of the case, the Yueyang Louqu Procuratorate, in combination with handling the case, strengthened coordination and communication with Yueyang forestry, public security and other departments, put forward procuratorial suggestions for strengthening the protection and management of environmental resources to the East Dongting Lake Protected Area Administration, and urged relevant functional departments to perform their duties according to law, forming an overall joint force to crack down on crimes of destroying environmental resources. And pay attention to the case interpretation method, and jointly carry out a series of publicity and education activities to effectively prevent and avoid the recurrence of such crimes.

　　On November 16, 2015, the Yueyanglou District Procuratorate prosecuted seven suspects, including He Jianqiang and Zhong Dejun, on suspicion of illegal fishing and killing precious and endangered wild animals. The procuratorate of the People’s Bank of China started the civil administrative procuratorial supervision procedure in time, urged the forestry department to evaluate the poisoned migratory birds according to the relevant provisions of the state, supervised and supported the East Dongting Lake Reserve (authorized by Yueyang Forestry Bureau) to file a criminal incidental civil lawsuit as the plaintiff, and requested the court to sentence He Jianqiang and others to compensate for the direct economic loss of 53,000 yuan.

　　On January 21, 2016, the Yueyanglou District Court of Yueyang City publicly heard the case. Due to the large number of people involved and the number of poisoned birds, it is rare in recent years. On that day, the trial process was broadcast live on the Internet. On March 7, the case was publicly pronounced: the defendants He Jianqiang, Fang Jianhua, Zhong Dejun and Li Qiang were sentenced to 12 to 6 years in prison and fined 5,000 to 10,000 yuan respectively for the crime of illegally killing precious and endangered wild animals; The other three defendants were sentenced to one to six years in prison for committing illegal hunting. The defendants jointly compensated Yueyang Forestry Bureau, the plaintiff in the incidental civil action. On 15th, Fang Jianhua and others refused to accept the judgment and appealed.

　　On August 2, 2016, the Yueyang Intermediate People’s Court heard the case in the second instance, and made a final ruling on the 3 rd, ruling that the appeal was rejected and the original judgment was upheld.

Needless to say, Chery, as a domestic car company with the reputation of "technology flow", has a good performance in the electrification era with the plug-in hybrid system based on Kunpeng Power and the pure electric vehicle research and development experience learned from the popular scooter "Little Ant", even though it doesn’t have a particularly deep foundation in the research and development of new energy vehicles. Nowadays, with the further development of Chery’s comprehensive step towards the high-end new energy vehicle market, Star Road, a high-end sub-brand of Chery, will also launch a brand-new high-end new energy vehicle series-Star Age! As the first SUV in the Star Era series, Star Era ET is not only officially declared on the website of the Ministry of Industry and Information Technology, but also expected to be officially listed within the year at the earliest.

Thanks to this, a few days ago, some netizens (the real picture below comes from @ 中中中中中中中) took a picture of the real car of Star Road Star Era ET on the local street. Not much to say, let’s take this opportunity to take a look at the real car style of this new high-end new energy SUV of Chery.

In terms of appearance, as the product of the new Star Road series, the design style of Star Era ET will be different from other products under the original brand. Its front face is not only equipped with a closed air intake grille, but also uses a penetrating LED strip; The headlamp main body with intelligent light language function, although it looks simple as a whole, is enough to reveal the rich scientific and technological atmosphere in line with the positioning of its high-end new energy SUV.

On the side of the car, there is a star era ET with a medium and large SUV positioning, and its side looks slender and burly as a whole. Moreover, the D-pillar with obvious inclination angle, combined with the design details such as the hidden door handle and the revolving wheel hub with built-in red brake calipers, can make its side face not lack of sports elements at all. In addition, the new car has a body circumference of 4955/1975/1698mm and a wheelbase of 3000 mm.

The rear part of the car, the design subject with narrow top and wide bottom, combined with the rear enclosure of tooth-sitting distribution, can further create a sports painting style. The penetrating taillights with rich internal light sources fully echo the sci-fi beauty of the front face.

When the line of sight comes to the car, the overall design of the interior of the new car is also quite simple, but only the combination of suspended full LCD instrument and central control screen seems to be enough to reveal the scientific and technological atmosphere. In addition, it is reported that Star Era ET will also be equipped with Huawei intelligent eco-chain cockpit and L3-level Huawei intelligent driving system, and equipped with Qualcomm Snapdragon 8295 flagship chip.

In the power part, according to the application information, Star Era ET will be equipped with a dual-motor four-wheel drive system, with the maximum power of the front motor of 183kW(249 HP) and the maximum output power of the rear motor of 230kW(312 HP). In addition, the latest E0X global electric platform developed by the Group not only has a maximum cruising range of 700km, but also is expected to come standard with 800V overcharge and air suspension.

So, dear readers, will you look forward to the official listing of Star Road Star Era ET?

　　The stock index-PMI continues to decline, and weak economic expectations suppress the performance of the stock index.

　　The three major indexes opened lower and then oscillated lower, and the decline in the late session increased; At the close, the Shanghai Composite Index fell 1.10%, the Shenzhen Composite Index fell 2.11%, and the Growth Enterprise Market Index fell 2.75%.

　　1. On Saturday, the domestic manufacturing PMI recorded 49.1, which was lower than the expected 49.5 and the previous value of 49.4. The economic outlook is still weak and the market confidence is insufficient.

　　In February and August, the central bank kept interest rates stable and did not cut interest rates further. The current economic data is weak, especially the poor money supply and social financing, and the stock market lacks upward momentum.

　　3. At present, the expectation of recession is still there, and the risk of yen arbitrage in the market is increasing, and the uncertainty faced by the stock market is still there.

　　4. At present, global instability is increasing, and external disturbances have a great impact on the domestic stock market. If the external disturbances are weakened later, foreign capital is expected to enter the domestic market, but the current economic recovery is weak, so we should pay attention to whether the subsequent policies can drive the economic recovery.

　　Chen Chen

　　Precious metals-US PCE data remains high, precious metals are adjusted back.

　　1. The main force of Shanghai Gold fell by 0.56%. The main force of Shanghai Bank fell by 3.73%.

　　2. The US dollar index rose to around 101.6, and the yield of ten-year US debt rose to around 3.93%. Spot gold prices in the international market fell to around 2495, while spot silver fell to around 29.5.

　　1. The US released PCE inflation data on Friday night. The core PCE still recorded 2.6%, which was lower than the expected 2.7%, but it still had some resilience. After the data was released, the market expected the Fed to cut interest rates. At present, the probability of the Fed’s interest rate cut in September is only 67%, which suppressed the performance of precious metals.

　　2. At present, the geopolitical future is uncertain. Although Ukraine has invaded Russia, its purpose is still to seek negotiation opportunities. The Palestinian-Israeli peace talks have not been seen, and Iran has temporarily stayed put, and precious metals have been affected by it.

　　3. Precious metals are expected to continue the upward trend, and follow-up attention will be paid to the progress of geopolitical conflicts and market sentiment.

　　Chen Chen

　　Shanghai copper-lack of obvious driving force, waiting for the guidance of this week’s economic data.

　　1. On August 30th, Chile’s National Bureau of Statistics (INE) announced that Chile’s manufacturing output increased by 5.1% year-on-year in July. As the world’s largest copper producer, Chile’s copper production in July increased by about 2% year-on-year to 443,633 tons.

　　2. On September 2, the spot stock of electrolytic copper in the domestic market was 262,000 tons, down 19,800 tons from the 26th; Shanghai’s inventory was 169,900 tons, down 16,400 tons from the 26th. Guangdong has a stock of 52,300 tons, down 0.31 million tons from the 26th. Domestic social stocks of electrolytic copper continued the trend of destocking, among which the contribution of Shanghai market mainly declined; The main reason is that the recent arrival of imported copper in the market is less, and it is subject to some smelters’ maintenance and production reduction. The arrival of domestic copper is also less, and the warehousing is limited. In addition, the market delivery has not dropped significantly, so the inventory is obviously going to the warehouse again.

　　Macroscopically, according to the data released by the National Bureau of Statistics, the purchasing managers’ index (PMI) of the manufacturing industry was 49.1% in August, down 0.3 percentage points from the previous month, and the manufacturing boom declined slightly. On the supply side, the supply of major overseas mines has been interrupted continuously, and the processing fee of concentrate has been kept low. China smelters plan to reduce their output to cope with the low processing fee of concentrate, and the growth rate of smelting output has slowed down recently. On the demand side, consumption will enter the peak season. At present, the downstream consumption willingness is not strong, and domestic consumption is relatively weak, waiting for further consumption data guidance. In terms of inventory, LME inventory continued to accumulate last week, the global total inventory was still in a high position, and the domestic electrolytic copper social inventory continued the trend of destocking. Short-term Shanghai copper lacks obvious driving force, and copper prices may maintain range volatility. This week, we will focus on data such as non-farm employment, manufacturing PMI and ISM manufacturing index in the United States in August.

　　liu shuangshuang

　　Rubber-weather influence in producing area, supporting price

　　1. According to foreign news, the Indian Meteorological Bureau said last Saturday that the precipitation in September this year is expected to be higher than the average of previous years, and in August, the precipitation in the country has been higher than the average of previous years. The director of the Indian Meteorological Bureau, Mrutyunjay Mohapatra, said at a virtual news conference that the country’s precipitation in September may exceed 109% of the 50-year average.

　　On the supply side, at present, the domestic and international production areas are advancing, and the unfavorable climate still causes some tapping to be affected. The precipitation in southern Thailand is on the high side, and floods have occurred in many places, disturbing the tapping work in some areas. The weather forecast shows that there is still strong rainfall in Thailand until September 10, and it is expected that the short-term tapping work will still be difficult to advance. In terms of inventory, the inventory of domestic bonded areas continued to slowly de-melt. On the demand side, semi-steel tire enterprises have maintained a stable operating rate at a high level under the strong overseas export demand, and all-steel tire enterprises have steadily turned around and improved their enthusiasm for replenishing raw materials. The peak season of "Golden September, Silver and Ten Seasons" is expected to approach, and tires will start to grow. Follow-up attention will be paid to the improvement of tire consumption. In the short term, it will continue to fluctuate, paying attention to precipitation, raw material prices and domestic inventory in the main producing areas.

　　liu shuangshuang

　　Industrial silicon-the spot market atmosphere is acceptable, and the future price may continue to be deadlocked.

　　1. Today, the reference price of industrial silicon market is 11,805 yuan/ton, which is 10 yuan/ton higher than last statistical day.

　　2. 64,479 industrial silicon futures warehouse receipts, a decrease of 78 lots from the previous trading day.

　　On the supply side, there are still a small number of enterprises in Sichuan and Yunnan that have slightly reduced production in order to raise prices; On the demand side, the spot price of polysilicon is stable, and the overall output is slightly attenuated. Although there is partial maintenance, the impact is relatively limited, the cost support is expected to increase, and the downstream demand growth lacks strong stimulation. The downstream demand in silicone is poor, and enterprises still purchase on demand. The aluminum alloy industry has not changed the status quo.

　　In September, the fundamentals of industrial silicon improved slightly, and the marginal pressure of supply continued to slow down. However, the situation of excess polysilicon and inventory backlog still existed, and the terminal demand picked up in the peak season, but the pressure of upward transmission to industrial silicon was greater, and the price center of industrial silicon might rise slightly, but it was not driven continuously and the subsequent surge was weak.

　　liu shuangshuang

　　Lithium carbonate-the supply is strong and the demand is weak, and lithium carbonate may maintain the bottom shock.

　　1. As of September 2nd, the spot price index of lithium carbonate (MMLC index for short) was 73,974 yuan/ton; The price of battery-grade lithium carbonate is 75,500 yuan/ton; The price of industrial-grade lithium carbonate is 71,500 yuan/ton.

　　In February and July, a total of 1,425 energy storage projects were added nationwide, with a total investment of over 70 billion yuan, including 148 industrial projects and 1,277 project projects. There are 26 energy storage system integration filing projects in China, with an annual production capacity of 129GWh; 8 lithium-ion battery manufacturing projects with an annual production capacity of 75.6Gh.

　　Fundamental logic: On the supply side, with the continuous production reduction of lithium carbonate production enterprises, the output of lithium carbonate is decreasing, and the import volume from abroad is also declining, but it is still in a situation of strong supply and weak demand; On the demand side, at present, in the period when downstream enterprises are actively stocking up, the demand for lithium carbonate has increased; On the inventory side, lithium carbonate inventory is still accumulating, but the rhythm of accumulation is slowing down. It is expected that lithium carbonate will remain at a low level in the short term, and follow-up attention will be paid to the supply side production reduction and the demand scheduling in September.

　　liu shuangshuang

　　Coking coal-the number of imported Mongolian coal ports has dropped seriously due to the weather.

　　1. The contract closing price of coking coal JM2501 today is 1327.5 yuan/ton, which is 3.14% lower than yesterday’s settlement price.

　　2. According to the latest data from the Russian Federal Statistical Office, in July 2024, the total coal production in Russia was 32 million tons, which was flat compared with last month and decreased by 5.6%. Among them, the output of coking coal was 8.7 million tons, down 2.25% from the previous month and up 6.1% year-on-year; The output of anthracite was 1.5 million tons, which was the same as that of last month, with a year-on-year decrease of 31.82%. The output of lignite was 6.6 million tons, up 3.13% from the previous month and 8.2% from the same period last year. The output of other bituminous coal was 15.2 million tons, which was the same as that of last month and decreased by 12.64% year-on-year. From January to July, the total coal production in Russia was 243 million tons, down 1.42% year-on-year.

　　3. On September 2, 2024, the raw coal gas (A6 S0.5 V34-35 G75 Q5000) of Huangling No.1 Mine in Yan ‘an City, Shaanxi Province was auctioned. The starting price was 810 yuan/ton, and the quantity was 40,000 tons. In the end, it was sold at 871-890 yuan/ton. In the previous period (August 26th, 2024), the starting price was 770 yuan/ton, the quantity was 40,000 tons, and the transaction was finally completed at 825-845 yuan/ton.

　　At the beginning of September, the monthly long-term price of coal mines in some regions began to negotiate. On September 2nd, the price of coking coal in Shaoyang market was lowered by 100 yuan/ton, and the price acceptance of main coking coals A7.0, S0.7, V24, G80-83, Y17-19 and MT7 included tax of 1740 yuan/ton. After the previous price reduction in the producing coal mine, the order situation of the mine side improved and the inventory was consumed. However, the actual understanding is more of an emotional boost, and from the actual demand of the downstream, coke enterprises still continue to replenish the library on demand. On the whole, today’s online auction sentiment has cooled down compared with last week, and it is running steadily. In terms of importing Mongolian coal, the number of customs clearance vehicles at the 288 port of Mongolian coal dropped seriously due to the weather over the weekend. According to the agency data, the number of customs clearance vehicles at Ganqi Maodu Port on the 31st is 491. Downstream, after seven rounds of price reduction, the profits of steel mills have recovered, but the output of molten iron is still at a low level, and the purchase volume has not been released.

　　liu shuangshuang

　　Coke-the foundation for stabilization and rebound is not firm, and the pattern of supply and demand has not changed yet.

　　1. The closing price of the main coke contract 2501 today is 1931.0 yuan/ton, which is 3.52% lower than the settlement price of the previous trading day.

　　2. The reference transaction price of the spot wet quenching quasi-first-grade coke in the port is 1730 yuan/ton. () The inventory of coke is 780,000 tons, that of dongjiakou is 580,000 tons, and that of the two ports is 1.36 million tons.

　　3. As of the week of August 30th, the average daily output of coke in the coking plant with full samples was 1.107 million tons, down 25,000 tons from the previous week.

　　4. As of the week of August 30th, the profitability of 247 steel mills nationwide was 3.9%, up 2.6 percentage points from the previous week. The average daily output of 247 steel mills in China was 2.209 million tons, down 36,000 tons from the previous week.

　　From the perspective of supply and demand, coke is still in the pattern of negative feedback in the industrial chain, and coke output and molten iron output continue to decline. With the increase of the number of lifting rounds, coke enterprises return to losses on average, the market’s expectation of future market decline narrows, and the supporting role of coke is enhanced. In the short term, the rebound of the disk last week was limited, and the coke has not completely stabilized yet. There is still time before the peak season, the resumption of hot metal production has not yet started, or there is room for repeated shocks. Coke runs weakly and steadily in the short term, and the market still has expectations for the future.

　　liu shuangshuang

　　Soda soda-Soda soda fell by nearly 6% under the decline of downstream glass.

　　1. As of August 29th, 2024, the theoretical profit of soda ash produced by ammonia-alkali process in China was 153.37 yuan/ton, down by 25.68 yuan/ton from the previous month, and the theoretical profit of soda ash produced by combined alkali process in China (two tons) was 301.60 yuan/ton, down by 68 yuan/ton from the previous month.

　　2. As of August 29, 2024, the shipment of soda ash enterprises in China was 677,300 tons, an increase of 10.16% from the previous month; The overall shipment rate of soda ash was 100.57%, up 11.36 percentage points from the previous month.

　　3. Longzhong Information reported on August 29th that the comprehensive capacity utilization rate of soda ash was 80.79% this week and 82.67% last week, down 1.88 percentage points from the previous month.

　　4. By September 2, 2024, the total inventory of domestic soda manufacturers this week was 1,232,100 tons, up 13,300 tons from last Thursday, or 1.09%. Among them, light soda ash was 604,100 tons, an increase of 0.57 million tons from the previous month, and heavy soda ash was 628,000 tons, an increase of 0.76 million tons from the previous month.

　　Fundamental logic: Under the pressure of high supply, high inventory and low demand, the downstream glass of soda ash must complete a new round of capacity clearing in order to usher in a real rebound in prices. However, due to the small elasticity of glass supply, the time for clearing capacity is expected to be longer, so the price will fluctuate around the cost line for a long period of time, and it will take enough time to complete the clearing capacity.

　　At present, the inventory pressure of photovoltaic float is still relatively high, and soda ash pays close attention to the support and pressure conversion of the 1500 integer mark in the short term, and operates with the trend.

　　liu shuangshuang

　　Methanol-macro sentiment is still weak, and methanol falls with the trend.

　　1. In this cycle (20240824-20240830), the international methanol output (excluding China) is 978184 tons, which is 7980 tons lower than last week, and the capacity utilization rate of the unit is 72.52%, which is 0.59% lower. The main changes of international installations this week are as follows: one of Iran’s ZPC installations stopped, and Kimiya and Sabalan restarted after a short stop last weekend; Other areas fluctuated slightly within a narrow range.

　　2. In August, 2024, China imported 1,223,800 tons of methanol, a decrease of 66,400 tons or 5.15% compared with the previous month (1,290,200 tons according to customs data). In August 2024, China’s methanol export is estimated to be 25,000 tons, an increase of 9200 tons or 58.23% compared with the previous month (15,800 tons according to customs data).

　　Fundamentals: overseas methanol started to fall, and PMI data was released in China at the weekend, which was not as good as market expectations, and macro sentiment remained weak; Today, under the influence of macro-emotions, the price has basically dropped the increase of the previous days, paying attention to the supporting role of the 2400 integer mark; In the medium term, the demand side is expected to be in the peak season of Golden September, Silver and Ten Seasons+stocking in advance during the Mid-Autumn Festival holiday, etc. The fundamentals are constantly improving, and the price is expected to fluctuate strongly.

　　liu shuangshuang

　　White sugar-the rebound of international raw sugar slowed down, while Zheng sugar fell slightly.

　　1. The closing price of SR2501 contract today is 5635 yuan/ton, which is 25 points lower than yesterday’s settlement price, or 0.44%.

　　2. According to the data of my agricultural products network, the price of the first-class white sugar factory goods or warehouses in Nanning on September 2, including tax, was 6220 yuan/ton, down by 30 yuan/ton compared with last Friday. Compared with the SR2501 contract, the premium is 585 yuan/ton. The price of the first-class white sugar factory goods or warehouses in Liuzhou area including tax is 6210 yuan/ton, down by 20 yuan/ton compared with last Friday. Dali, Yunnan offers 5960 yuan/ton, and Kunming offers 6000 yuan/ton, down by 30 yuan/ton from last Friday. In terms of ports, the prices of major ports are mixed today, with quotations ranging from 6350 to 6400 yuan/ton.

　　The October contract of ICE American raw sugar fell slightly overnight, down 0.4 cents/pound from the settlement price of the previous day, and closed at 19.44 cents/pound. After the sharp rebound of international raw sugar caused by the fire in the main producing areas of Brazil last week, the market worries were released and the strong rebound slowed down. Domestically, the quotations of the main producing areas and sugar groups in the spot market have been lowered, the market procurement is relatively cautious, and the focus of the market has shifted to new sugar. The production and sales data to be released in August is expected to have limited impact on the market. In August, the amount of imported sugar is expected to be large, and the low imported syrup and the expected high yield of domestic sugar make the pressure on Zheng sugar higher. However, the weather in Brazil’s main producing areas is expected to remain basically rainless in the next 1-2 weeks, which may lead to the downward adjustment of sugarcane yield and sugar production, and it is expected that the market will still be repeated in the short and medium term. Pay attention to the follow-up impact of Brazil sugarcane fire on output and market and the weather conditions in the producing areas.

　　Wang yinggui

　　Cotton-cotton shock adjustment, pay attention to downstream orders

　　1. According to the export sales report released by the US Department of Agriculture (USDA) on Thursday, in the week of August 22nd, the annual export sales of cotton in the current US market increased by 135,200 bales, with 157,600 bales newly sold.

　　2. The Indian Cotton Association (CAI) announced that on August 31st, the estimated arrival of Indian cotton was 8,100 bales (170kg each), or 1,377 tons.

　　On the supply side, various cotton producing areas in Xinjiang have entered the boll-opening period, and new cotton may be listed in late September in advance, and the expectation of high yield in supply remains unchanged. On the demand side, the traditional textile peak season of "Golden September, Silver 10" is approaching, the goods delivery of textile enterprises has improved, and the inventory pressure of finished products has been reduced. Enterprises that stopped production in the early stage began to resume production one after another, and the operating rate of enterprises that reduced production also increased in a narrow range. However, the new orders received downstream of the industry are divided and the overall confidence is insufficient. Driven by the expectation of "Golden September, Silver and Ten", it may run strongly, paying attention to the order situation and the situation of American cotton.

　　Chen Chen

　　Live pigs-spot prices have stabilized and risen, mainly due to shocks.

　　1. On September 2nd, the average slaughter price of live pigs in Anhui was 20.37 yuan/kg, which was weaker than yesterday. The average price of live pigs in Zhejiang market is 20.92 yuan/kg, and the price is stable and weak compared with yesterday.

　　On the supply side, at the end of August, in order to complete the monthly slaughter plan, the breeding group accelerated the slaughter rhythm of pigs, and some large pigs that were pressed by retail investors in the early stage concentrated on slaughter, and the supply end increment increased significantly. On the demand side, the spot price stabilized and rose by overlapping the stocking in the opening season and the group market. Generally speaking, it is necessary to pay attention to the boost of consumption after the start of school, the change of the rhythm of farming and the price difference of standard fertilizer, and with the start of school, the demand may show signs of recovery.

　　Chen Chen

　　Soybean meal-soybean meal is maintained and sorted, waiting for the market to boost.

　　1. Spot situation: Today, the contract of soybean meal 2501 received 3031 yuan/ton, up by 8 yuan/ton, or 0.26%.

　　(1) The temperature in the soybean producing area dropped obviously, but the rainfall was still insufficient. The price of American beans fluctuated around 1000 cents.

　　Chen Chen

　　Soybean oil-the demand for oil may increase as the peak season approaches.

　　1. The closing price of soybean oil 2501 contract today is 7652 yuan/ton, down by 96 yuan/ton, or 1.24%.

　　(1) According to the data of Southern Peninsula Palm Oil Crushers Association (SPPOMA), from August 1 to 31, 2024, the yield of palm oil in Malaysia decreased by 0.07%, the oil yield increased by 0.03%, and the output was flat.

　　(2) According to AmSpec, an independent inspection agency in Malaysia, Malaysia’s palm oil export volume from August 1 to 31 was 1,376,412 tons, which was 11.51% lower than the 1,555,529 tons exported in the same period of last month.

　　On the supply side, the expectation of high yield of American beans is still strong, and the raw material side remains loose. In terms of substitutes, the current international palm oil production area inventory is not neutral, the production area enters the seasonal production reduction season from November to February, and B40 will be implemented in Indonesia at the beginning of 25 years, so palm oil prices are supported. Generally speaking, although the international palm oil price has been supported by new demand for a long time, the increase in production of new American soybeans, the normal supply of rapeseed and the weak global consumption will limit the rising pace of palm oil, and the share of alternative consumption of palm oil is expected to further decrease in the later period. On the domestic demand side, the school is about to start in the near future, and the Mid-Autumn National Day is coming. The demand side may be boosted in the short term, and the oil will continue to fluctuate widely.

　　Chen Chen

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Xinhua News Agency, Moscow, March 14 (Reporter Hua Di) It has been more than two years since the Ukrainian crisis escalated in an all-round way. In the face of continuous war and western sanctions, the Russian people’s mentality has changed from initial fear and anxiety to gradual acceptance and rational treatment, and they have begun to adapt to and accept many "new realities" brought about by the conflict and turn their main energy back to their daily lives.

There is no doubt that this special military action launched by Russia against Ukraine has also had a great impact in Russia. Now,While people are feeling the pressure and anxiety of life, patriotism is high, and President Putin’s domestic support rate remains high.

On March 8, citizens holding flowers walked on the streets of Moscow, the Russian capital. Xinhua News Agency (photo by Alexander)

"Daily Anxiety" Replaces "Military Anxiety"

According to a survey released by the Russian Center for Public Opinion Research at the end of December 2023, the special military action launched by Russia against Ukraine in February 2022 is still the "major event" that Russians pay attention to, but its proportion of attention has dropped from 62% in 2022 to 22% in 2023, which is almost two-thirds.

According to Valery Fedorov, director of the center, special military operations have been "normalized" in media reports. "This happens when the relevant news is overwhelming. Special military operations are still important, but relevant reports are saturated, people are commonplace, and the response to it is no longer so strong. "

At present, the "anxiety level" of Russian society as a whole about this special military action has declined. After analyzing the posts and comments on media news and social networks, Russian sociological researchers come to the conclusion that "military anxiety" in Russian society is being replaced by "daily anxiety" such as "economic anxiety".

Analyst Andrei lebedev said: "Military mobilization and Western sanctions that caused serious panic in 2022 are no longer a concern."

On June 26, 2023, in Moscow, the Russian capital, pedestrians passed a foreign exchange point. Xinhua News Agency reporter Cao Yangshe

Xinhua News Agency reporters also felt this change in their daily interviews. Aigul, the tour guide, said, "Slowly, I adapted to the new reality. People can always adapt to anything." Yuriya, an online ticket seller of a large-scale entertainment event, believes that the special military action has not affected everyone’s pursuit and preference for entertainment activities. "On the contrary, our work intensity is even greater than before, because the demand is increasing, and our company is recruiting more employees."

However, the influence of military conflict and western sanctions is still significant. For ordinary people, the first impact is the price. Alexander, a retired old man, said in an interview that he "feels very obvious" about the rising prices. "It is difficult to maintain my life by simply relying on my pension, so I have to continue working now."

Moscow citizen Olexia is also worried about the increasing daily expenses. "Everything from new cars to dental services is going up in price. Some time ago, the washing machine of the tenant’s house broke down. It cost me 25,000 rubles (about 2,000 yuan) to replace the original parts, and this does not include the cost of workers’ home maintenance. "

Sociologists pointed out that since the long-term planning of individuals or families, which has been greatly reduced by most people since the overall escalation of the Ukrainian crisis, has not fully recovered, and the related anxiety brought by the Russian-Ukrainian conflict to Russian society has not completely disappeared. For people in Russian border areas near the front line of the conflict, security is still the primary concern.

The Russian Ministry of Defence confirmed on July 30, 2023 that three drones attacked the Russian capital Moscow that morning. One of the drones was destroyed by the air defense system, and the other two drones were out of control after being electronically suppressed and crashed in non-residential areas. The picture shows a building attacked by drones in Moscow. Xinhua News Agency reporter Cao Yangshe

Patriotism is high.

In the context of the ongoing conflict, Russian patriotism continues to rise.Polls show that 91% of Russians consider themselves patriots. 81% of the respondents said that they would participate in volunteer activities more actively than 10 or even 15 years ago. This figure is the highest since the relevant survey in 2018.More and more people take the initiative to participate in front-line assistance, help collect and transport humanitarian supplies, and donate money for soldiers.

Talking about the impact of the Russian-Ukrainian conflict on the family, Natalia, an otolaryngologist who works in a clinic in Moscow, told Xinhua that the upsurge of patriotism among the whole people had a great impact on her and her family. Natalia’s eldest son is 15 years old and has actively participated in many volunteer activities related to fundraising in the past two years. "He decided to apply for medical school because he wanted to be a military doctor and treat those who were injured in the war."

On September 1, 2023, the flag-raising ceremony was held at the opening ceremony of the 362nd school in St. Petersburg, Russia. Xinhua News Agency (photo by Mo Jingna)

Experts explained that the high patriotic sentiment should be attributed to the Russian government’s series of measures to strengthen sovereignty and national interests, and secondly, the government’s more active support for patriotic activities. Starting from 2023, all primary and secondary schools in Russia will have a class called "Talking about Important Matters" every week, aiming at "strengthening Russian traditional spirit and moral values" and "cultivating patriotism among young people".

Encouraged by patriotism, Russian society generally has confidence in the future. According to a poll released by the Russian Public Opinion Research Center in December 2023, about three-fifths of the respondents believe that 2024 will be a smooth and successful year for Russia. This ratio even reached the highest value in the past 20 years. In addition, more than half of the respondents claimed that they would leave the old year and welcome the new year with a good mood and optimism, which is the highest number since the relevant survey in 2006.

On December 14th, 2023, Russian President Vladimir Putin spoke at the "Annual Inventory" held in the capital Moscow. Xinhua News Agency reporter Cao Yangshe

Putin supports maintaining a high position

According to a poll conducted by the Russian Public Opinion Research Center, there are two "major events" that the Russian people are most concerned about in 2024: one is Russia’s special military action against Ukraine, and the other is the Russian presidential election to be held on March 15th.

On February 29th, Putin delivered a State of the Union address, strongly criticizing western countries for attempting to interfere in Russia’s internal affairs, and demonstrating his determination to lead Russia to continue to achieve new development achievements in the context of containment and suppression. Putin said that in 2023, Russia’s economic growth rate was higher than the global level and ahead of all G-7 members. He was confident that Russia would become one of the four largest economies in the world in the near future.

Putin’s views have won the general support of the Russian people. The poll on the day of the release of the State of the Union address showed thatThe number of people who think that Russia is a powerful country has increased five times compared with 2013, and half of the respondents believe that Russia is already among the powerful countries.

"I support the long-term strategy formulated by the national leadership for the development of Russian society," said Igor, a master of Moscow State University, on his views on the State of the Union address. "I believe that Russia’s future is foreseeable, the national situation will be significantly improved, and the motherland will be strong and prosperous."

On December 22, 2023, in Moscow, the Russian capital, people walked past the New Year decorations. Xinhua News Agency (photo by Alexander)

In January, February and March, 2024, the Russian Public Opinion Research Center conducted three polls respectively. The Russian people’s trust in Putin was 79.8%, 78.9% and 79.6% respectively, and the overall trust level remained at a high level close to 80%.

Russian Presidential Press Secretary peskov told the media that Putin is supported by people of all ages in Russia, including many young people. Russian people’s support rate for Putin remains high because people support Putin’s policies. Under Putin’s leadership, Russian society is more United.

In an article published on March 8, Reuters willRussian young people are called "Putin generation" because since 1999, Putin has been holding the overall situation of national development as prime minister or president. To some extent, young people are more critical of the country’s development direction than ordinary people, and Putin has a high prestige among young people.

According to a poll conducted by Russian Yuri Levada Analysis Center in February 2024, 74% of Russians believe that the country is moving in the right direction. This proportion is 72% in the 18-24 age group and 64% in the 25-34 age group.

() The operating comments of the Board of Directors in 2023 are as follows:

　　I. Industry situation of the company during the reporting period

　　(1) Industry situation

　　In 2023, the global economic growth slowed down, and the world economic recovery remained uncertain. At the same time, 2023 is also the first year to fully implement the spirit of the 20th National Congress of the Communist Party of China. China’s economic recovery is improving, and high-quality development has been solidly promoted. Although there are still unfavorable factors such as insufficient effective demand and weak social expectations, the favorable conditions for China’s development are stronger than the unfavorable factors, and the basic trend of economic recovery is good and long-term. With the gradual recovery of the economy and the further release of consumer demand, the high-quality development of the automobile industry has achieved new results, and the scale of production and sales has continued to expand throughout the year, achieving double-digit growth year-on-year, which has effectively boosted domestic economic growth. The details of the industry during the reporting period are as follows:

　　In 2023, the cumulative production and sales of China automobile industry exceeded 30 million, and the sales volume reached 30.094 million, up 12.0% year-on-year. In the whole year, the market sales volume showed a trend of low before and high after, fluctuating upward, and the competition pattern of the automobile industry continued to intensify.

　　In terms of market segments, the cumulative sales volume of passenger cars reached 26.063 million, up 10.6% year-on-year; The cumulative sales volume of commercial vehicles reached 4.031 million units, up 22.1% year-on-year, much better than the industry as a whole, and the recovery momentum was obvious.

　　The new energy vehicle market performed brilliantly and continued to maintain a strong growth momentum. In 2023, the sales volume of new energy vehicles reached 9.495 million, a year-on-year increase of 37.9%. From the perspective of market segments, with the continuous efforts of the supply side and the marginal impact of the growth of EV models during the year, the sales volume of XEV in narrow passenger cars increased by 4.3 percentage points year-on-year, and the growth rate was significantly higher than that of EV models. The main share of new energy narrow sense passenger car market is still dominated by China brand, and China brand supports 80% of it. Judging from the sales ranking of new energy narrow sense passenger car group, compared with 2022, the market structure has changed. In the EV sector, the share of industry-leading enterprises has increased year-on-year, and the concentration has further increased; In the XEV plate, with the continuous influx of new entrants, the share of head enterprises has become loose, and the share has been gradually eroded by later enterprises, and the existing market structure may be further reconstructed.

　　Automobile exports have reached a new level. The annual automobile exports exceeded 4.9 million, which contributed significantly to the overall growth of the market. Among them, the export of new energy vehicles exceeded 1.2 million, a year-on-year increase of over 70%. Most of the top ten enterprise groups in export sales have achieved double-digit and above year-on-year growth; At the same time, the sales concentration of the top ten enterprise groups in the industry decreased by 3.9 percentage points year-on-year. As more and more enterprises accelerate to go out to sea, the export market structure may further change.

　　(B) Enterprise market performance

　　In 2023, in the face of the complicated and severe external environment and increasingly fierce market competition, Changan Automobile thoroughly studied and implemented the spirit of the 20th Party Congress, comprehensively implemented the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era, and firmly promoted the "Third Entrepreneurship-Innovation Entrepreneurship Plan" and the "Three Major Plans" (namely, the new energy Shangri-La Plan, the intelligent Beidou Tian Shu Plan, and the global "All Rivers Meet" Plan). In 2023, the sales volume reached 2.553 million vehicles, an increase of 8.8% year-on-year. The company’s new energy and export sales performance was excellent, among which its own brand new energy sold 474,000 vehicles, an increase of 74.8% year-on-year. It exported 358,000 vehicles, up 43.9% year-on-year.

　　(3) Industrial policies

　　On July 20, 2023, the National Development and Reform Commission and other 13 departments issued "Several Measures on Promoting Automobile Consumption", including optimizing automobile purchase restriction management policies, supporting the renewal and consumption of old cars, accelerating the cultivation of the used car market, strengthening the construction of supporting facilities for new energy vehicles, focusing on improving the carrying capacity of rural power grids, reducing the purchase and use costs of new energy vehicles, promoting the purchase of new energy vehicles in the public sector, strengthening automobile consumption financial services, encouraging automobile enterprises to develop economical and practical models, and continuously alleviating the problem of parking difficulties.

　　(four) the main regulatory requirements

　　1. Market access

　　Intelligent networked automobile is the strategic direction of the development of automobile industry, and the state attaches great importance to the technological innovation and popularization and application of intelligent networked automobile. On November 17, 2023, the Ministry of Industry and Information Technology, the Ministry of Public Security, the Ministry of Housing and Urban-Rural Development and the Ministry of Transport jointly issued the Notice on Launching the Pilot Work of Intelligent Networked Vehicles Access and Road Access, and Changan Automobile is conducting a pilot declaration, and the declaration plan has been submitted to the national administrative department.

　　2. Standard requirements

　　All models of the company are developed and manufactured in strict accordance with the requirements of national laws and regulations, and the products of the company meet the requirements of laws and regulations. For the new standards that have been implemented, Changan Automobile has completed the product upgrade and switching according to the time requirements, including the standards in 2023:

　　(1)GB 17675-2021 "Basic Requirements for Automobile Steering System" was issued in February 2021, and it will be implemented on January 1, 2022 for the newly applied vehicle type approval, and on January 1, 2023 for the vehicle type approval. The standard stipulates the terminology definition, technical requirements and test methods of automobile steering system, and adds the requirements that the electrical control of steering system should meet electromagnetic compatibility, functional safety, failure alarm and so on.

　　(2)GB 39732-2020 "Automobile Event Data Recording System" was released in December 2020. For the newly applied vehicle type approval, it should meet the requirements of this standard except the B-level elements and Article 4.4 from January 1, 2022, and all the requirements should be met from January 1, 2024. This standard mainly stipulates the terms and definitions, technical requirements, test methods, appearance and identification of the automobile event data recording system.

　　(3)GB 19578-2021 "Fuel Consumption Limits for Passenger Cars" was issued in February 2021, and it will be implemented for vehicles with type approval from January 1, 2023. The standard mainly stipulates the fuel consumption limit requirements based on the kerb quality of passenger cars under WLTC cycle conditions.

　　(4)GB 9656-2021 "Technical Specification for Motor Vehicle Glass Safety" was issued in April 2021. Since January 1, 2023, the glass of the newly applied type approval vehicle should meet the requirements of vision safety, strength safety and damage safety.

　　(5)GB 16897-2022 "Structure, Performance Requirements and Test Methods of Brake Hose" was issued in August 2022, and it will be implemented on January 1, 2023 for the newly applied vehicle type approval, and on July 1, 2023 for the vehicle type approved. The standard mainly adds requirements such as rapid tensile strength of hydraulic brake hose and bending fatigue of pneumatic brake hose.

　　(6)GB 15084-2022 "Performance and Installation Requirements of Indirect Vision Devices for Motor Vehicles" was issued in December 2022, and the standard mainly added relevant requirements such as the use of electronic rearview mirrors and borderless endoscopes. The standard was implemented on July 1, 2023 for newly applied vehicle types.

　　(7)GB18352.6-2016 "Limits and Measurement Methods of Pollutant Emission from Light Vehicles (China Phase VI)" was issued in December 2016, which stipulated the requirements of type inspection, production conformity and in-use conformity inspection of pollutant emission from light vehicles in Phase VI and the determination method. From July 1st, 2023, all light-duty vehicles sold and registered shall meet the requirements of this standard, in which Type I test shall meet the requirements of the limit value of stage 6b and Type II test (RDE) shall meet the requirements of the limit value. On May 8, 2023, the Ministry of Ecology and Environment, the Ministry of Industry and Information Technology, the Ministry of Commerce, the General Administration of Customs and the General Administration of Market Supervision jointly issued the "Announcement on Relevant Matters Concerning the Implementation of the National Six Emission Standards for Automobiles", allowing some light-duty automobile models with the results of the actual driving pollutant emission test (RDE test) to be sold until December 31, 2023.

　　(8)GB 4785-2019 "Regulations on Installation of External Lighting and Light Signaling Devices for Automobiles and Trailers" was issued in December 2019. Since July 1, 2023, the low beam lights should be automatically turned on or off according to the standard requirements and the environmental conditions for the newly applied vehicle type approval.

　　

　　II. Main businesses of the Company during the reporting period

　　The company belongs to the automobile manufacturing industry, and its main business covers the R&D, manufacturing and sales of complete vehicles and the R&D and production of engines. At the same time, the company actively develops new businesses such as mobile travel, car life service, new marketing and power exchange service, and accelerates the exploration of industrial finance, used cars and other fields to build a more comprehensive industrial ecology.

　　Our company has always adhered to the mission of "leading automobile civilization to benefit human life", firmly promoted Changan Automobile’s "Third Entrepreneurship-Innovation and Entrepreneurship Plan", accelerated the transformation to an intelligent low-carbon travel technology company, and moved forward to a world-class automobile brand. The company actively develops intelligent networked new energy vehicles, and builds five independent automobile brands, namely Aouita, Deep Blue Automobile, Changan Qiyuan, Changan Gravitation and Changan Kaicheng, to promote the electrification transformation of independent brands; At the same time, the joint venture companies Changan Ford and Changan Mazda produce and sell joint venture brand models. In the field of traditional fuel vehicles, the company has launched a series of classic self-owned brand models including CS series, Yidong series and UNI series. The joint venture has many well-known products, such as Sharp L, Explorer, a new generation of Mondeo, a new generation of navigator, adventurer, Zephyr, CX-50, CX-5, Angkeira and so on. In the field of new energy, Aouita 11, Aouita 12, Deep Blue SL03, Deep Blue S7, Qiyuan A07, Lumin and other new energy vehicles have been built, which are well received by the market and loved by consumers.

　　The company adopts the business model of "paying equal attention to independence and joint venture", and carries out entity operations on its independent automobile brand businesses such as Changan Gravitation, Changan Qiyuan, Deep Blue Automobile and Changan Kaicheng, and firmly builds independent classic brands; Conduct investment control on joint ventures such as Changan Ford and Changan Mazda, and continuously deepen mutual trust and cooperation with partners.

　　(I) Main operating conditions of the company in 2023

　　1. Firmly guide the strategy and make solid progress in strategic transformation.

　　In 2023, Changan Automobile joined hands with its partners to pay close attention to the strategic landing. The new energy "Shangri-La" plan has leapt to a new level, and the innovative construction has formed the layout of three smart electric brands, namely Aouita, Deep Blue Automobile and Changan Qiyuan, laying a brand foundation for future global competition; Actively optimize the industrial layout, explore the in-depth cooperation of the whole battery industry chain, and formally put into production with the joint venture company-Time Changan Power Battery Co., Ltd. jointly established by (), with a designed production capacity of 30GWh and an automation rate of over 95%. The intelligent "Beidou Tian Shu" plan made a new breakthrough, continued to build a "new car and new ecology", and held the third scientific and technological ecology conference. The first digital smart new car CD701 equipped with SDA platform architecture was officially unveiled, and the central+regional ring network architecture entered the vehicle integration verification stage, opening a new era of digital smart cars; Signed the Memorandum of Investment Cooperation with Huawei, which will accelerate the construction of a complete, independent and leading full-stack intelligent vehicle capability for the intelligent era. New progress has been made in the globalization "All rivers run into the sea" plan, and the globalization "All rivers run into the sea" plan has been officially released; Established five major business divisions in the world, and DEEPAL S07 and DEEPAL L07 were officially launched in Thailand, opening a new journey into the Southeast Asian market; Construction of production base in Thailand started, and global production layout entered a new stage.

　　2. Adhere to innovation drive, and key core achievements are constantly emerging.

　　In 2023, Changan Automobile launched a total of 29 products, including 7 brand-new products, and the product pedigree was continuously improved. Aouita 12 was launched in the world at Munich Auto Show, and it broke through 20,000 vehicles in the first month of listing. The average order price exceeded 350,000 yuan, and it has gradually stabilized the high-end market; Deep Blue S7 was launched with the latest generation of CTP battery integration technology. In the 2023 Qinghai Lake (International) Electric Vehicle Challenge, it won the best endurance in six groups, with an average monthly sales of over 5,000 units. Changan Qiyuan A07 and Q05 have been released one after another, and the product categories are more abundant; Changan Hunter, the world’s first super extended-range pickup truck, was officially launched, causing widespread concern. The core technology of new energy has been continuously mastered, and the company has released a brand-new self-developed battery brand Changan "Golden Bell Hood". Changan battery uses high-standard new heat insulation materials, and its heat insulation performance is better than the industry level; Time Changan’s first standard battery product officially went offline, and its manufacturing technology and battery performance are at the advanced level in the industry. With 4C fast charging technology, it takes only 10 minutes to charge the battery from 20% to 80%. The company introduced industry-leading technologies such as micronucleus high-frequency pulse heating, new generation battery integration and new efficient thermal management. The achievements of intelligent technology continue to be realized. NID3.0+APA7.0 worry-free pilot technology (namely, pilot intelligent driving assistance and remote parking service) is equipped with deep blue double-car mass production, which helps Deep Blue SL03 win the gold medal in the 2023 World Intelligent Driving Challenge; Successfully approved L3 autopilot test licenses for 17 expressways, becoming the earliest enterprise with the largest number of test licenses in a single batch;The State Key Laboratory of Intelligent Vehicle Safety Technology was approved for operation, which promoted the research of high-value technologies such as intelligent driving safety and high-safety on-board chips.

　　3. adhere to the user-centered and product-oriented principle, and quickly carry out market response actions.

　　Actively invest marketing resources to cope with industry competition, and launch the "Changan Billion Huimin Car Purchase Season" to ensure the overall stability of Changan automobile industry. Innovate and revitalize the stock market in the traditional power market to achieve a strong market segment. Changan Automobile ranks first in China brand passenger cars (retail), and CS75PLUS series sells more than 190,000 vehicles, ranking at the forefront of the market segment; Yidong PLUS sales exceeded 160,000 units, ranking first in retail market segment; UNI-V sales exceeded 156,000 vehicles, and the average monthly sales volume remained above 12,000 vehicles. Rapid efforts have been made in the new energy market, and the annual sales volume of deep blue double cars exceeded 128,000, among which deep blue SL03 won the "2023 Product Design Award" from German Red Dot; Changan Qiyuan listed three new cars within two months, which set an industry record. After three months’ listing, the cumulative sales volume reached 40,000 vehicles, which quickly occupied the digital Zhixin automobile track. The annual sales volume of Changan Lumin, a national boutique scooter, exceeded 144,000, ranking in the forefront of the market segment. The global spread of brand has gradually exerted its strength, and joined hands with Xinhua News Agency to launch the "Belt and Road Global Tour" to show the world the new business card of "China Zhizao" and enhance the brand’s international influence. Promote the reform of marketing system, further promote the development model of thousands of channels, implement the reform of "three centers" marketing model, build more than 4,000 new order, delivery and service centers throughout the year, form more than 9,000 global sales and service outlets, have nearly 120,000 professional service personnel, and win the first place in the independent brand of China Sales and Service Satisfaction (SSI) of J.D.Power2023.

　　4. Adhere to win-win cooperation and innovate hand in hand with partners.

　　Continue to deepen joint venture and cooperation, set up Changan Ford New Energy Automobile Technology Co., Ltd., and the first strategic product CX810 was promoted in an orderly manner; Cooperate with Mazda in J90A, J90K and other vehicle projects, and the scope of cooperation continues to extend. Established Chongqing Long-term Intelligent Technology Co., Ltd. with Horizon, signed strategic cooperation agreements with 15 partners such as Huawei, Tencent, SMIC and (), and carried out strategic cooperation with more than 30 head enterprises such as Contemporary Amperex Technology Co., Limited, () and Baidu, focusing on high-value technology research, and making every effort to build core competitiveness in the field of new energy and intelligence.

　　(2) Heavy products listed in 2023

　　Aouita 12, jointly built by Changan Automobile, Huawei and Contemporary Amperex Technology Co., Limited, is positioned as a "future smart luxury car", which is the second model built by CHN’s new generation of smart electric vehicle technology platform. Adopt "future aesthetics" design, unique in shape and extremely elegant. It comes standard with three laser radars, equipped with HUAWEIADS2.0 advanced intelligent driver assistance system and HarmonyOS cockpit based on HarmonyOS4.

　　Aouita 12

　　Deep blue S7 is the first SUV based on EPA1 all-electric digital platform. It is equipped with a super extended range system with pure electric drive, long battery life and low energy consumption, and has a 190kW ultra-high power Force super collector drive. CLTC has a pure battery life of up to 200 kilometers and a comprehensive mileage of up to 1,120 kilometers. It has scientific and technological sports modeling, full-roof floodlight combination and yacht-style embracing design, and relies on Qualcomm 8155 chip to build a smart ecosystem including programmable intelligent interactive lights, smart cockpit, front double-zero gravity seats, AR-HUD, 15.6-inch sunflower screen and co-pilot extrasensory smart screen.

　　Deep blue S7

　　Deep blue SL03i

　　Deep Blue SL03i, the first mass-produced high-class smart car of Deep Blue Automobile. It has dynamic vehicle design, leading intelligent technology and strong rear drive control. Equipped with NID pilot intelligent driving assistance and APA remote parking service, it is powerful in sensing detection, data calculation and parking space identification, with 35 sensing components, high-precision sub-meter positioning system and full-scene driving assistance. At the same time, a full-sensory digital cockpit is built, with high-efficiency voice interaction, AR-HUD, 14.6-inch sunflower screen and other technological configurations to meet the needs of young people in various car scenes.

　　Chang ‘an Qiyuan A07 is positioned as a "medium-and-large-scale advanced digital intelligent administrative vehicle", offering pure electric and extended-range models. Adopting the aesthetics of lighting design, equipped with high-efficiency digital intelligent electric drive, the highest power is 190kW, the peak torque is 320N-m, and the electric drive efficiency is as high as 95%. The whole system comes standard with L2 IACC intelligent navigation system and iBC digital battery management system. It has 33 digital and intelligent standards, such as borderless door, electric hatchback tailgate, 4-door electronic internal opening, 8155 high-performance chip and 540 full-field image.

　　2023 Changan UNI-V

　　Changan Qiyuan A05, positioning "Digital Intelligence AI Electric Drive Super Provincial Family Car". The front face with a bionic smile and a hidden door handle are fashionable and pleasing to the eye. The whole system comes standard with 13.2-inch high-definition touch control panel, L2 IACC integrated adaptive cruise system and 540 high-definition panoramic image. Equipped with Changan Qiyuan Digital Intelligence AI electric drive, 1.5L high-efficiency blue whale hybrid engine, iEM intelligent energy management mode and IP67 high-strength protective battery, it is fully qualified for diversified family car scenes in the digital intelligence era.

　　Changan Qiyuan Q05 is the first plug-in hybrid SUV under Changan Qiyuan. The exterior is designed by tidal current inductance, and the interior is designed by "Sailing". It has a smart cockpit, as well as intelligent configurations such as 540 high-definition panoramic images, steep slope vision assistance, APA5.0 and L2 intelligent assisted driving system. It is equipped with "China Heart" top ten engine and hybrid system in 2023-Chang ‘an Qiyuan Digital Intelligence AI electric drive system, with "super long battery life and ultra-low energy consumption", with the longest pure battery life of 125km and comprehensive battery life of 1,215km.

　　The 2023 Changan UNI-V is positioned as the "future aesthetic sports coupe". Equipped with 2.0T+8AT and 1.5T+7DCT blue whale power, it brings consumers a full () experience with wider performance matching space and more delicate power output; UNI-V Zhidian iDD is equipped with a blue whale NE1.5T hybrid engine with a maximum power of 125kW and a peak torque of 260 N-m. The comprehensive maximum torque of the system can reach 590N-m, the maximum wheel end torque can reach 4,470N-m, and the zero acceleration time is only 6.5 seconds, which has a strong explosive force. Changan UNI-V injects new vitality into the A+ class car market with comprehensive and advanced wisdom technology and sports aesthetics.

　　The 2024 Changan UNI-K is a medium and large SUV that combines luxury, comfort and intelligence. Externally, it has a wide and comfortable interior with fashionable technology, a brand-new wingspan quilting with exquisite sports, and 64-color stepless adjustment of front and rear row atmosphere lights, showing a sense of high-class; In terms of power, the power combination of Blue Whale’s new generation of 2.0T+8AT provides a strong power output and a smooth shifting experience.

　　2024 Changan UNI-K

　　The third-generation CS55PLUS has achieved "100,000-class home-enjoyed boutique SUV" with good face value, good fuel economy, good intelligence and good quality, adding upward momentum to the CS55 series. The whole system is equipped with blue whale NE1.5T engine, L2 intelligent assisted driving system, steep slope vision assistance function, 540 HD panoramic image and other practical intelligent configurations, which are more practical and intimate.

　　Third generation CS55PLUS

　　The third generation CS75PLUS is positioned as "tomorrow’s car". The whole system comes standard with Aisin 8AT transmission, which provides two power options, namely, the NE1.5T engine of Blue Whale and the 2.0T engine of Blue Whale. At the same time, it has four driving modes, Normal/ECO/Sport/ custom, to create a more personalized driving experience.

　　Third generation CS75PLUS

　　Long and comfortable, positioning "compact family car". Adopting a brand-new design language, matching with the front grille with digital source code, digital cursor LED light group, hidden door handle and other shapes, it is equipped with a new generation NE1.5T high-pressure direct injection engine of Blue Whale +7-speed wet powershift, 540 HD panoramic image, IMS/DMS intelligent cockpit monitoring system, super-large intelligent interactive dual screen and other configurations, and is committed to bringing users a comfortable, considerate and high-quality car experience.

　　Chang an yi da

　　Chang ‘an Explorer-Exploratory Edition, positioning "sports off-road pickup truck". With 2.0T Blue Whale power, ZF 8AT gearbox, Bogwarner four-wheel drive system, five free driving modes, and equipped with high-performance off-road suspension, all-terrain locking system, 18-inch all-terrain off-road tires, 800mm high wading hose, 14,000 pounds electric winch and 2.5 tons towing qualification, it will realize the desired pickup life for users who are brave in exploration and full of love.

　　(3) Key models to be launched in 2024.

　　In 2024, the company will launch a variety of new and redesigned products, including 8 new energy products, to accelerate the transformation to intelligent low-carbon travel technology companies.

　　1. Strengthen the new energy pedigree and build a digital intelligent new car. In 2024, eight brand-new products such as E07, C798, Deep Blue G318 and Aouita 15 will be launched, and brand-new modified products such as Changan Qiyuan A07, Deep Blue SL03 and Deep Blue S7 will be listed one after another, further strengthening Changan’s new energy market position. E07 locates medium and large-sized digital smart new cars, equipped with brand-new SDA platform, and provides users with the third outdoor mobile space with variable body shape, leading intelligent driving and intelligent service; C798 sets a new benchmark for intelligent leapfrog of medium and large SUVs, and creates digital intelligent products with leapfrog intelligence, leapfrog space, leading comfort and leading electric drive to meet the needs of mainstream home users; Deep blue G318 locates a hard-core compact SUV, focusing on tough modeling, intelligent driving, intelligent interaction and intelligent ecology to meet the differentiated and intelligent needs of young users; Aouita 15 is positioned as a high-end multi-person intelligent electric vehicle, with forward-looking design, changeable smart space and full-scene intelligent driving as its selling points to meet the full-scene travel needs of high-end intelligent electric vehicle users.

　　2. The fuel vehicle products are solid, new and stable, and achieve one of the best market segments. In 2024, Changan fuel vehicle focused on the core market, and IP products were completely renewed to create explosive products. The company will launch five new Huan products, including C928 and Yidong Sequence. Focusing on the two labels of "Blue Whale Power" and "Intelligent Driving as Standard", the company will further strengthen its competitive lead and consolidate its market position in fuel vehicles. C928 positioning compact classic SUV adopts brand-new design, second-generation blue whale power and standard intelligent driving to provide users with "good-looking, easy-driving, energy-saving" quality and efficient travel tools.

　　2. Production capacity: In 2023, the designed production capacity was 2.14 million vehicles, and the capacity utilization rate reached 87.31%. In the past three years, the backward production capacity of 630,000 vehicles and 990,000 engines has been shut down and transferred, and the production capacity of 570,000 intelligent networked vehicles and new energy vehicles has been upgraded, and 210,000 sets of new energy battery PACK, 450,000 sets of electric drives and 300,000 sets of electronic control production capacity have been newly built, and the production structure has been gradually adjusted to new energy.

　　Reasons for the year-on-year change of more than 30%

　　The sales volume in overseas areas increased by over 30% year-on-year, mainly due to the following reasons: First, China automobile enterprises pay more and more attention to the development of overseas markets, and speed up the layout of "going out to sea" one after another; Second, in recent years, China brand represented by Changan Automobile has gradually established a competitive advantage in the fields of new energy and intelligence, and its comprehensive strength has been significantly enhanced; Third, the large-scale export of new energy vehicles has boosted the overall export.

　　Construction of parts supporting system

　　The main models of Changan Automobile are CS series, UNI series, Aouita, Deep Blue Automobile, Changan Qiyuan, etc. The matching of spare parts adopts the combination of self-made production and external procurement. The key parts, such as the seven-in-one electric drive assembly of Changan’s new generation super collector drive (the first in the industry, with 163 patents), are independently developed by the company. Through self-made, the cost can be effectively controlled, and the quality control of key parts can be strengthened. There are more than 800 partners of Changan Automobile, cooperating with international and domestic first-class parts enterprises, such as Huawei Autopilot, Intelligent Cockpit, Contemporary Amperex Technology Co., Limited New Energy Battery, Chongqing Qingshan Industry 7-speed Wet powershift, Wutong Car Association TINNOVE Intelligent System, etc., and establishing mutual trust, transparency and cooperation with partners, focusing on "best product", "lowest cost", "most flexible" and "most iron relationship".

　　Solidly improve the capability of supplier system. More than 1,322 people have studied QCA (Changan Automobile Supplier Quality Capability Evaluation System) series courses. In 2023, 72 QCA certification audits, 87 supplier laboratory accreditation and 114 on-site evaluation of manufacturing process capabilities have been completed, quality capability evaluation strategies have been established, and hierarchical management has been implemented to continuously promote the improvement of suppliers’ quality management capabilities.

　　

　　Third, the core competitiveness analysis

　　1. Technological research and development capabilities. The company has always insisted on leading high-quality development with scientific and technological innovation. By creating the dual-drive capability of scientific and technological innovation of "user demand+technological innovation", it has achieved the leading position in many technology industries and the first mass production, and further enhanced its independent innovation capability. In the field of new energy technology, the first standard battery product of Changan "Golden Bell Hood" was officially launched, and it was equipped with many cutting-edge technologies such as "fast ion ring graphite" and "ultra-high conductivity electrolyte". The "Golden Bell Hood" battery has been installed in many products of Changan Qiyuan and Deep Blue Automobile; Force Super Collector Drive and Zhidian iDD Electric Drive Transmission were awarded the honors of "Top Ten Electric Drives in the World", "Top Ten Power Systems for New Energy Vehicles" and "Top Ten Hybrid Power Systems in the World". The key technology of hydrogen fuel engine has achieved phased results again, and the second generation hydrogen engine has successfully ignited. In the field of intelligence, the first digital smart new car with SDA platform architecture as the label made its debut; Breakthrough APA7.0 remote parking service, NID3.0 pilot intelligent driving assistance, end-to-cloud integrated communication, display enhancement and other technologies, and some technologies have been mass-produced. By December 2023, the company had 9,322 patents at home and abroad, including 2,704 invention patents. In the evaluation of National Enterprise Technology Center, R&D strength ranked first in the industry in the past 14 years.

　　2. Product definition ability. The company insists on taking users as the center and innovation as the driving force to build a world-class product definition capability system. Under the background of diversified needs of users and intensified market changes, the product definition business breaks the traditional rules, and reconstructs the product definition capability system through subversion and leap-forward innovation, helping the product definition to be faster, more accurate and more ruthless. Optimize users’ research insight, adopt innovative immersive research methods, tap users’ hidden needs, and ensure accurate insight into users’ needs; Optimize product definition ability, continuously optimize and promote EMD scenario definition, create high-value differentiated scenarios, and add software service definitions to create unified, iterative and profitable platform-based software service products, so as to ensure victory through differences in homogenization competition. In 2023, the company’s key products performed well, the sales of fuel vehicle products of Changan Gravitation brand exceeded one million, and CS75 series and Yidong series performed well in their respective market segments of traditional power. The new energy products are growing rapidly, and the growth rate exceeds that of the industry. The key products, Deep Blue SL03, Deep Blue S7 and Qiyuan A07, are favored by the market, and the new products will increase rapidly as soon as they are launched. The company will continue to focus on the user experience, focus on the core scenes, seize the window period of smart new cars, and accelerate the strategic goal of electrification transformation.

　　3. Global layout ability. The company released the global "All rivers run into the sea" plan, and pressed the "acceleration button" of Changan Automobile to go to sea. The annual overseas export sales volume reached 358,000 vehicles, a year-on-year increase of 43.9%. The company has defined its overseas development goals, established a global development layout, and established five regional business divisions, and the overseas layout is improving day by day. Held a brand launch conference in Southeast Asia, and DEEPAL officially entered Thailand, radiating the world and opening a new chapter in expanding the global market; Build the first overseas production base-Changan Automobile Thailand manufacturing base to truly realize localized operation; In Saudi Arabia, Chile, Mexico and other countries, the market sales rank among the top brands in China. In the future, the company will integrate resources, speed up going out to sea, accelerate the construction of the five major global markets and channels, further enhance its overseas market capabilities, and strive to provide excellent scientific and technological products and the ultimate service experience for global users, and make new contributions to the construction of global economic integration, promote the high-quality construction of the "Belt and Road".

　　4. Brand upward ability. The company’s brand image has further advanced to a new level, and it continues to build an outstanding brand with uniqueness, value, long-term and cognition. In terms of brand promotion, the brand image continues to improve, establishing five brand structures and completing the layout of three smart electric brands: Aouita, Deep Blue Auto and Changan Qiyuan; Release the global "all rivers run into the sea" plan, and move towards the world-class brand; Deepen the new energy "Shangri-La" plan and release the "Golden Bell Cover" battery brand in Chang ‘an; Landing the intelligent "Beidou Tian Shu" plan, we will continue to build a "new car and new ecology", seize the digital smart new car track, display Changan technology and new car achievements, and realize brand leap. In terms of brand promotion, the Southeast Asian brand launch conference was held, and the strategic plan for the Thai market was released. The overseas communication covered a total of 171 million people, enhancing brand awareness in the Thai market; Join hands with Xinhua News Agency to carry out the IP cooperation of "One Belt, One Road Global Tour", show the new business card of "China Zhizao" to the world, promote the further implementation of Changan’s overseas strategic plan, and enhance the international influence of the brand; Deeply bundled with three-body IP, the exclusive title is bilibili’s "Three-body" animation, with a broadcast volume of 620 million and a total exposure of 4.66 billion in the whole network, which effectively enhances the brand’s youthful and intelligent perception; The innovative incubation "SDA Black Technology Lab" has its own IP, which comprehensively and systematically demonstrates the strength of Changan Automobile as a leader in the era of digital intelligence and new automobiles, and builds the image of Changan Automobile Technology Enterprise, with a cumulative exposure of over 530 million.

　　5. Cultural leadership. The company deeply practices the leading culture, releases the concept of leading culture 4.0, and makes culture the core competitiveness. Tell the story of Chang ‘an well, publicize Chang ‘an culture, carry out activities such as learning and publicity, and hold competitions, so as to provide cultural guidance for the "All rivers run into the sea" plan; Focusing on the key points of production and operation, we will organize situation and task education and swearing-in meetings to unite the forge ahead. Practice the concept of "double concern", deepen the "five free" assistance, solve the employees’ demands of "urgent difficulties and worries", and continue to do practical and good things for employees, so that employees’ sense of gain, happiness and security are constantly enhanced. Resolutely fulfill the social responsibility of state-owned enterprises, and immediately rushed to the disaster areas such as the rainstorm in North China and the earthquake in Gansu, with a total donation of 16.5 million yuan; Fully assist Luxi and Yanshan counties in Yunnan and Youyang in Chongqing, continuously improve the quality and effectiveness of assistance, and allocate funds of 10.6 million yuan as a whole; Fully implement the rural revitalization strategy, deepen the assistance of Youyang tea oil industry, and form the Chang ‘an development model of "enterprises join hands with enterprises to jointly drive the industry", which has been included in the case of rural revitalization and innovation in the State Council. 6. Talent organization ability. The company insists on strengthening the enterprise with talents, continuously optimizes the organization, continuously strengthens the talent team, and further consolidates the strategic transformation support. In terms of talents, we should do a good job of "introducing talents from outside" and build a highland where outstanding talents from all over the world gather and grow. Introduce foreign vice presidents to empower the management team with a global vision; For important fields such as modeling, autonomous driving, batteries, big data, etc., industry leading talents and senior talents are widely introduced to achieve full coverage of senior talents in important fields; Strengthen the training of young cadres,The team structure of deputy general manager level and manager level is getting younger and younger. In terms of organization, the company’s organizational structure is adjusted in time to match the strategic needs. In terms of mechanism, the incentive and restraint mechanism continues to innovate, bringing efficiency into comprehensive evaluation and stimulating the strong vitality of enterprise talents.

　　

　　Fourth, the main business analysis

　　1. Overview

　　Compared with 2022, the company’s operating income was 151.298 billion yuan, a year-on-year increase of 24.78%; The net operating cash flow was 19.861 billion yuan, a year-on-year increase of 250.52%. During the reporting period, the company’s net profit attributable to shareholders of listed companies was 11.327 billion yuan, up 45.25% year-on-year, and the net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was 3.782 billion yuan, up 16.19% year-on-year, mainly due to the increase in sales volume and the improvement in operating quality.

　　

　　V. Prospect of the Company’s Future Development

　　(A) the industry pattern and trends

　　In 2023, the overall performance of the automobile market is good, which is an important force to promote economic recovery. It is expected that the automobile industry will show the following trends in the future:

　　1. Overall characteristics of the industry: the recovery of the industry exceeded expectations, the total sales volume exceeded 30 million, and the market competition pattern was reshaped. China’s automobile market has changed from Europe, the United States, Japan, Germany, South Korea and China to the dominant position of China brands, and the share of China brands will continue to increase in the future.

　　2. New energy trend: China’s production and sales of new energy vehicles ranked first in the world for 9 consecutive years. With the dual promotion of policies and markets, the penetration rate of new energy vehicles will continue to increase.

　　3. Intelligent trend: With the development and application of new technology groups such as artificial intelligence and big data, the automobile has evolved from a traditional means of transportation to a new intelligent car based on new energy and deeply integrated with intelligence, providing users with more comprehensive and comprehensive services. Industry policies will continue to support the development of the autonomous driving industry, and intelligent driving has gradually become the dominant factor for consumers to buy cars. Intelligent technical capabilities and carrying applications have become the core elements of competition among car companies.

　　4. Trend of going out to sea: China automobile industry has accelerated the pace of going out to sea and become an important force for China brands to go out to sea. In the future, more China brand automobile enterprises will deploy in overseas markets, actively participate in international competition, and seek incremental opportunities in the fuel vehicle market in developing countries and new energy vehicle opportunities in developed countries.

　　5. The trend of industrial chain interconnection: the automobile industrial chain is more flexible and develops into an interconnected network structure. The automobile industry has been transformed from the traditional one-way chain with the oil internal combustion engine as the main line into a new automobile network ecosystem with multi-point linkage, vertical integration and horizontal expansion among the main engine plant, Tier1 (a first-class automobile supplier) and raw material suppliers, as well as oil, electricity and other related industries running through it.

　　(II) Company development strategy

　　At present, China automobile brands are welcoming historic development opportunities, in which new energy is the core strength point of China brand, intelligence is an important element of differentiated competitiveness, and overseas markets will become a definite increment in the future. Facing the future, Changan Automobile will take the initiative to change, seek the overall situation with strategic thinking, and meet challenges with transformation and change. Since the release of the "Third Entrepreneurship–Innovation and Entrepreneurship Plan" in 2017, the company has been constantly reviewing and optimizing, and has now iterated to version 7.0. The company will adhere to the guidance of Socialism with Chinese characteristics Thought of the Supreme Leader in the New Era, and take "strategic guidance, system reform, extreme efficiency and innovation breakthrough" as the key, accelerate the transformation to an intelligent low-carbon travel technology company, and March towards a world-class automobile brand. In 2030, Changan Automobile will strive to sell 5 million vehicles, including 4 million independent vehicles, 3-3.5 million new energy vehicles and 1.2 million overseas vehicles. To this end, the company will implement the "215" partnership action, adhere to the "two major promotions", upgrade the "one major relationship" and realize the "five new leaps":

　　1. Adhere to the "two major improvements".

　　First, adhere to the double promotion of new energy and fuel vehicles. In 2023, the penetration rate of new energy passenger cars in China reached 35.7%, and fuel vehicles still occupied an important market share of 64.3%. Based on this, the company will adhere to the business strategy of "making efforts at both ends, coexisting and advancing together" between new energy vehicles and traditional fuel vehicles, adapt to market changes, provide competitive products in different market segments, meet the needs of users in different scenarios, and ensure the double promotion of new energy vehicles and traditional fuel vehicles.

　　The second is to adhere to the double promotion of the domestic market and the international market. Overseas has two-thirds of the global automobile market, and China’s automobile industry is accelerating its all-round development. Based on this, the company will put globalization in a more important strategic position on the basis of stabilizing the domestic basic market.

　　2. Upgrade "one big relationship"-partnership.

　　The competition in the automobile market is more intense. In order to achieve better development, we will jointly maintain the partnership of "risk sharing, value creation and benefit sharing" with dealers, suppliers and users through resource sharing and complementary advantages, and work together for the future.

　　3. Realize "five new transitions".

　　First, unswervingly take strategy as the traction to achieve a new transition in transformation and upgrading; Second, unswervingly optimize product layout and achieve a new leap in brand promotion; Third, unswervingly strengthen scientific and technological innovation and realize a new leap in technology; Fourth, unswervingly build an industrial ecology and achieve a new leap of development and win-win; Fifth, unswervingly promote customer management and realize a new leap in service experience.

　　(3) Business plan

　　In 2023, the company actually sold 2.553 million vehicles, achieving the goal of the board of directors. The business goal of the company’s board of directors in 2024 is to strive to achieve the production and sales of more than 2.65 million vehicles. Guided by the Supreme Leader’s Socialism with Chinese characteristics Thought in the New Era, the company has fully implemented the spirit of the 20th National Congress of the Communist Party of China and the Second Plenary Session of the 20th Central Committee, adhered to the general tone of striving for progress while maintaining stability, and made every effort to achieve the production and operation goals in 2024 with "strategic guidance, system reform, extreme efficiency and innovation breakthrough" as the key. Focus on the following tasks: first, strengthen party building and ensure high-quality development with high-quality party building; The second is to further promote the third venture of Changan Automobile-version 7.0 of the Innovation and Entrepreneurship Plan, and accelerate the transformation to an intelligent low-carbon travel technology company; The third is to persist in taking customers as the center and continue to create explosive products; Fourth, persist in system reform and accelerate the construction of innovative system capabilities; Fifth, strengthen the integration of resources and enhance operational capabilities; Sixth, adhere to two-way empowerment, create a new cooperation model, and fully guarantee the sustainable development of joint ventures; Seventh, persist in reform and innovation, and promote organizational change, talent management and mechanism innovation in an orderly manner; Eighth, adhere to the bottom line thinking, build a red line bottom line, and prevent and resolve major risks; Nine is to practice leading culture in depth and build culture into core competitiveness.

　　(IV) The company’s capital expenditure plan for 2024.

　　In order to achieve the company’s strategic objectives, the investment plan of the company and its holding subsidiaries in 2024 is 10,721,200,000 yuan, including 4,580,260,000 yuan in fixed assets and 6,140,940,000 yuan in equity investment. Investment in fixed assets mainly focuses on the adjustment of new energy production capacity structure, R&D capacity investment, new energy product launch and digital transformation, deepening the layout of new energy industry, accelerating the pace of new energy product launch, and continuously improving the digital and R&D capacity. Equity investment is mainly to support the development of independent brands, expand overseas markets, promote intelligent capacity building and accelerate the in-depth development of the new energy industry chain. According to the progress of the project, combined with the operating and financing environment, the company will study and formulate multi-channel fund-raising plans and fund use plans to improve the efficiency of fund use and reduce the cost of funds.

　　(5) Possible risks

　　1. Supply chain stability risk

　　With the increasing political and economic instability and uncertainty in the world, the global industrial chain supply chain is facing reconstruction. The automobile industry has a long industrial chain, which is also a typical global division of labor industry. In the current environment, it may still face supply chain risks.

　　Countermeasures: First of all, we should combine the relevant policies at the national level to promote the construction of a modern industrial system with technological innovation, increase the independent development of key core components, continue to push forward the technical research of key core components, and promote domestic substitution. In addition, we will continue to strengthen cooperation between upstream and downstream enterprises in the industrial chain, and reduce the risk of supply fluctuation through long-term agreements and reserve risk components.

　　2. Risk of overseas operation

　　As China’s position in the global industrial chain continues to improve, China’s automobile industry is accelerating to go to sea, and it is gradually laid out by regions and steps in research, production, supply, sales and transportation. The international competition is fierce and complicated, and the international economic and trade rules have changed profoundly. Chinese enterprises are facing more challenges in their development. More and more China enterprises are confronted with investigations and lawsuits of anti-monopoly, anti-subsidy, infringement of trade secrets and commercial bribery overseas.

　　Countermeasures: The company unswervingly promotes the plan of "All rivers run into the sea" and deeply participates in international competition. In participating in overseas market competition, we should establish a perfect compliance management system, stick to the bottom line and red line of operation, and ensure that the investment, products, spare parts and regulations meet the compliance requirements of the target market in all directions. At the same time, we should form a comprehensive daily, weekly and monthly follow-up research mechanism on international market politics, economy, society, environment and regulations to control overseas business risks to the maximum extent.

　　　　BEIJING, May 8 (Xinhua) According to Russian media reports, according to the latest statistics, Putin was busy during his presidency of Russia from 2000 to 2008, and his schedule was tight. As he himself said, he always worked like a "slave on a ship", including 192 visits abroad, including 7 visits to China and 6 visits to the United States.

　　　　Statistics show that Putin held an average of 145 talks with foreign representatives every year during his eight-year presidency. Today, the database of the official website of the President of the Russian Federation still contains 1409 speeches made by Putin in foreign political exchanges.

　　　　The last time Putin received foreign guests as president was in the Kremlin meeting with the Greek Prime Minister on April 29th this year. During his eight-year presidency, Putin often had telephone conversations with foreign leaders, with an average of more than 100 times a year. The last time he called Egyptian President Mubarak on May 4 to congratulate him on his 80th birthday.

　　　　In the past eight years, the largest number of large-scale international activities that Putin participated in were various forms of CIS summits, totaling 64 times. During his tenure as President of the Russian Federation, Putin attended 17 Russia-EU summits, 7 meetings with leaders of Asia-Pacific countries, 3 meetings with the United Nations General Assembly and 8 summits of the Group of Eight and the Shanghai Cooperation Organization. The last time Putin participated in large-scale international activities as president was on April 4 this year, when he attended the meeting of the Russian-NATO high-level committee in Hungary.

　　　　From 2000 to 2008, Putin made 192 working visits, official visits and state visits to 187 cities in 74 countries, among which the countries with the most visits were Ukraine (23 times), Kazakhstan (14 times), Germany (13 times), Belarus (10 times), China (7 times) and the United States (6 times). The year of the most frequent visits was 2007, with a total of 27 overseas visits. The last visit was to Sardinia, Italy, on April 17-18 this year.

　　　　In Russia, Putin inspected 212 cities and villages, and the last domestic work inspection site was Sochi, with the purpose of supervising the preparations for the 2014 Sochi Winter Olympics. (Bi Yuan)

Editor: Zhang Renhe

　　CCTV News:Phelps won the 22nd gold medal in his life at this Olympic Games in Brazil, and the continuation of swimming myth is remarkable. Equally concerned, there are many purple circular marks on his back, which have been dubbed by netizens as the Olympic limited edition "tattoo", which has also attracted the ancient cupping therapy to immediately "become popular" in the world, and also made Chinese medicine once again attract the attention of the people of the world.

Phelps has obvious traces of cupping. Xinhua News Agency reporter Ding Xushe

　　Coincidentally, American gymnast Alex Nador has the same Olympic style.

　　In China, cupping, a therapy with a long history and simple operation, has already entered thousands of households. Many families bring their own cupping equipment, and when they feel a little sore, they pull out a few cans. But in Rio, cupping has become a mysterious oriental medical method that foreign journalists are scrambling to understand. Phelps explained that he tried this fresh therapy to relieve muscle soreness.

　　Cupping therapy has the functions of dredging channels and collaterals, promoting circulation of qi and blood circulation, expelling wind and dispelling cold, reducing swelling and relieving pain, and is often used to treat lumbago, back, shoulder, arm and leg pain, joint pain, soft tissue sprain, cold, headache, cough, asthma, stroke and other diseases.

　　There are four kinds of cans, each with its own advantages and disadvantages.

　　(1) Bamboo pot: It is made of one end of a bamboo tube with a joint as the bottom, the other end with sandpaper to smooth and level the mouth of the pot, and then scrape off the green peel and inner membrane with a knife. Bamboo cans are easy to obtain, light and cheap, not easy to break, and suitable for boiling. However, it also has the disadvantages of easy cracking, air leakage and weak adsorption.

　　(2) Pottery pot: Pottery pot is made of clay, with a smooth mouth, a large and round belly and a small mouth and bottom, which has the advantage of great adsorption; The disadvantage is that the texture is heavy, easy to break, and it is difficult to observe the situation in the jar compared with the glass jar.

　　(3) Glass jar: Glass jar is made of glass on the basis of pottery jar, which is spherical in shape and divided into different models according to its size. Its advantages are transparent texture, and the degree of hyperemia and congestion of the skin at the pulled part can be observed when it is used, which is convenient for mastering the treatment situation; The disadvantage is that it is easy to break and damage.

　　(4) Air extraction tank: The air extraction tank is made of special plastic material, and is equipped with air extraction and exhaust devices such as pistons or rubber bags. The air extraction tank has the advantages of safe and convenient use, strong adsorption and not easy to break, and is especially suitable for household use.

　　Can suck on the skin, three "Suction method "

　　Why can a small jar be adsorbed on human skin? In fact, there is no mystery. The canister can be adsorbed on human skin by the negative pressure in the canister. Different adsorption methods empty the air in the tank to generate negative pressure, and the tank can be adsorbed! What are the commonly used adsorption methods?

　　(1) Fire absorption method: Most hospitals now use the flash fire method, which is to hold the alcohol cotton ball with tweezers and ignite it, and then make the fire go around the tank for 1-3 times, then withdraw the fire and quickly buckle the tank at the position to be pulled out. This method has no fire in the tank, so it is very safe, and it is the most commonly used suction method. In addition, there are fire throwing method, wine dripping method, cotton sticking method, etc. These methods all have fire in the tank, so we should pay strict attention to them when operating, so as not to burn the skin or cause fire.

　　(2) Water absorption method: Bamboo cans are generally used for water absorption method. Put the bamboo pot in the pot, add water to boil, then use tweezers to clamp the pot mouth down, quickly close the pot mouth with a cold towel, and immediately buckle the pot at the place where it should be pulled out, which can be adsorbed on the skin. According to the patient’s condition, appropriate amount of Chinese herbal medicine can be put into the pot and decocted at the same time, so it is also called medicine cupping method.

　　(3) Air suction method: The air suction tank method is the easiest to operate. First, fasten the tank mouth of the air suction tank to the suction part, and use the air suction pump to draw air out of the tank through the rubber plug, so that it can be sucked.

　　By the way, if you want to lift the jar, you only need to hold the jar with one hand and press it with your thumb or forefinger from the jar mouth with the other hand, so that the gas can enter the jar, and you don’t need to smash the jar.

　　Different parts of the disease have different cupping methods.

　　Cupping methods are different for different diseases and different parts. Commonly used cupping treatment methods are as follows:

　　(1) Canning method: the can is sucked and pulled on the skin surface for 10-15 minutes, and then the can is lifted. This method is the most commonly used and can be applied to general diseases.

　　(2) cupping method: first coat a layer of lubricant such as vaseline on the skin or the mouth of the cupping area, then suck the cupping area, and then push the cupping area back and forth on the skin until the skin of the cupping area is ruddy, congested or even congested, and then lift the cupping area. This method is generally used for large areas and muscular parts.

　　(3) Flash cupping method: immediately after cupping, lift the cupping, and so on and so forth for many times until the skin is flushed to a certain degree. It is mostly used for patients and parts where it is not suitable to leave cans, such as children or face, and can be used to treat local skin numbness, pain or hypofunction.

　　(4) pricking blood and cupping: also known as pricking collaterals and cupping. This therapy needs to disinfect the skin at the site to be pulled out first, then prick it with a triangular needle to bleed or tap it with a skin needle, and then draw the cupping at the pricking or tapping site to make it bleed. This method is mostly used to treat blood stasis, heat, pain and swelling, such as erysipelas, sprain and breast abscess.

　　(5) Holding needle and cupping method: when holding needle in acupuncture, the cupping is pulled on the part centered on the needle, and after 5-10 minutes, the cupping is lifted and then the needle is taken out. This treatment can play the role of acupuncture and cupping.

　　Cupping and skin color discrimination

　　Purple-black: insufficient blood supply and accumulated cold.

　　Purple with dark spots: qi and blood are not smooth.

　　Purple spots and blocks with different shades: rheumatism.

　　Bright red and rosy, local fever: yang syndrome, heat syndrome, yin deficiency and heat toxin.

　　Ecchymosis or blood bubbles are gray and pale: deficiency cold and dampness evil.

　　Slight itching of skin: pathogenic wind and dampness.

　　Those with water drops in the pot: cold and wet.

　　Local recovery soon: indicating quick recovery.

　　Precautions and contraindications of cupping

　　Some friends said that since cupping is so good and can cure so many diseases, let’s cupping if we don’t agree! Wait a minute! Cupping still has some precautions and contraindications.

　　First of all, cupping should choose an appropriate position and position. Unrestrained posture and too thin parts will make cupping easy to fall off. In addition, for different parts and different areas, it is necessary to choose cans with appropriate sizes to make the cans tight. If you leave the jar for a long time or burn your skin carelessly, you don’t need to treat the small skin blisters to prevent them from being scratched. When the blisters are large, you should use sterilized needles to discharge the water, apply scald oil, and wrap them with sterilized gauze as appropriate to prevent infection. Last but not least, cupping is not suitable for areas with allergic skin, ulcer, edema and the distribution of heart and great blood vessels, and cupping is also prohibited for patients with high fever convulsions and pregnant women’s abdomen and lumbosacral region.

　　Three misunderstandings of cupping vigilance

　　Myth 1: The darker the mark after cupping, the better.

　　Different people leave different marks on their bodies after cupping. Some people think that the deeper the mark, the better the effect.

　　"In fact, this is not the case." Professor Zhuang Lixing, director of the Rehabilitation Center of the First Affiliated Hospital of Guangzhou University of Traditional Chinese Medicine, explained that if the cupping part is cold, damp and evil, or the blood stasis is heavy, or there is local inflammation, a purple-red or even purple-black mark will appear. However, normal people’s skin has a certain osmotic pressure in a healthy state, and cupping has little damage to subcutaneous blood vessels, so the mark left after cupping may be "no color". In addition, after cupping causes subcutaneous congestion, the fading process of the imprint is also related to the individual’s own physique and skin condition. People with good local blood circulation absorb it quickly and fade it quickly.

　　Myth 2: The longer cupping time, the better.

　　According to the size, material and negative pressure of cupping, the timing of cupping is also particular. Use ignition to pull it out, generally not more than 10 minutes. For most home operations, it is suggested that it is safer to use an air extraction tank. However, Zhuang Lixing reminded that the cupping time should not be extended at will because the gas tank is "fire-free", thinking that the longer the better.

　　He suggested that ordinary people should take 5-10 minutes for home health care. The adjustment of time must depend on individual and local conditions. For example, some young adults are physically strong, and there is no change in cupping for 5 minutes, and an appropriate extension of 5~10 minutes can be done; However, for people with tender skin or weak constitution, even if the time is short, if the skin is obviously red or even blistered through the can during cupping, the can should be lifted immediately. Generally, people with diabetes have to pull it out for a shorter time to avoid skin infection caused by foaming.

　　Myth 3: Take a cold bath immediately after cupping.

　　Phelps, who won the championship one after another, was very eye-catching when he came out of the water. Some netizens commented: You can’t get into the water after pulling out the cupping … Are foreigners too fierce?

　　"In principle, after pulling out the can, the pores will expand. Don’t go into the water or blow it immediately to avoid catching cold." Zhuang Lixing said that even if you take a shower, it is best to spend a few hours and try not to take a cold shower. If there are blisters and skin lesions in cupping, try to avoid contact with raw water to prevent infection when it is not repaired.

　　"flying fish"Swimming all day longPain is inevitable when the cold and dampness are heavier.Cupping, removing dampness and relieving fatigue in traditional Chinese medicine help it continue to create Olympic miracles.

　　Look carefully at the "can print" on Phelps’s body. The color is dark, which is not quite like the one just pulled out. Generally, this kind of mark will last for a day or two, and they may not have just finished their treatment and participated in the competition. Through this "pot seal" of Phelps’ shoulder and back and the map of human acupoints, he took at least Dazhui, Shouzhong Shu, Shoujing, Shouyi and other acupoints:

　　Dazhui point is a Du meridian point, which can prevent and treat cervical spondylosis, adjust Du meridian qi and blood, supplement human yang, and improve human body’s ability to resist external evils. Indications: stiff neck, kyphosis, shoulder and neck pain, lung distension and hypochondriac fullness, cough and dyspnea; Malaria, rubella, madness. Neck and shoulder muscle spasm, stiff neck, cold.

　　Shu point in the middle shoulder is mainly used for cough, asthma, blood spitting, stiff neck, shoulder and back pain, etc.

　　Indications of Jianjing point are: arthralgia in shoulder and back, no lifting of arms, strong neck pain, breast abscess, stroke, scrofula, dystocia, all kinds of deficiency, shoulder pain, head pain, top-heaviness, eye fatigue, tinnitus, high blood pressure, stiff neck and so on.

　　Shoulder-epigastric point belongs to hand-Yangming large intestine meridian, which can relieve and treat shoulder-arm pain, periarthritis of shoulder, upper limb paralysis, stiff neck, scrofula, addiction rash and so on.

　Judging from the color of "can seal", "flying fish" may be a little cold and wet.

　　Mechanism of cupping therapy prompted by modern medicine

　　Modern medical research believes that mechanical stimulation is one of the mechanisms of cupping therapy. During treatment, the edge of the jar can be tightly attached to the skin surface, pulling nerves, muscles, blood vessels and subcutaneous glands, which can cause a series of neuroendocrine reactions, adjust the vasomotor function and vascular permeability, and thus improve local blood circulation.

　　Secondly, the negative pressure of cupping makes local congestion and congestion, small capillaries even rupture, red blood cells are destroyed and hemolysis occurs. The release of hemoglobin in local red blood cells is a benign stimulus to the body, which can regulate the functions of tissues and organs in two directions through the nervous system, promote the phagocytosis of white blood cells, improve the sensitivity and tolerance of skin to external changes, and thus enhance the immunity of the body.

　　Thirdly, the strong suction force of negative pressure can make sweat pores fully open, the functions of sweat glands and sebaceous glands are stimulated and strengthened, and the aging cells on the skin surface fall off, thus accelerating the discharge of toxins and wastes in the body. In addition, the local warming effect of cupping can not only dilate blood vessels and increase blood flow, but also enhance the permeability of blood vessel walls and the phagocytosis of cells.

　　Cupping therapy has obvious pain relieving effect. Whether it is headache, abdominal pain, biliary colic, rheumatic pain in internal medicine, acute lumbar sprain or chronic soft tissue injury in surgery, cupping therapy can achieve immediate curative effect, and some even need only one treatment to recover. Although cupping therapy is reliable and simple, not everyone can do it. People who are too weak should not be cupped. Because cupping is a diarrhea method in traditional Chinese medicine, it will make the weak weaker. Pregnant women and elderly people with heart disease should be cautious in cupping.

　　Whether children are suitable for cupping is still inconclusive, because children’s skin is delicate and underdeveloped, so it is necessary to consult Chinese medicine practitioners before cupping to ensure safety. In addition, people with low platelet levels are prone to skin congestion when cupping, which is not suitable.

　　Traditional Chinese Medicine Cupping Across the Ocean in shine on you

　　Phelps has participated in five Olympic Games. People can’t help feeling that if he had appeared in the Olympic Games with a cupping mark 20 years ago, there wouldn’t have been the film Guasha directed by Zheng Xiaolong in 2001. The movie starring Tony Leung Ka Fai and Jiang Wenli was impressive: an ancient scrapping therapy in China triggered a violent conflict between Chinese and Western cultures. Today, 15 years later, when cupping, an ancient China therapy, appears in front of the general public in the west in such a rapid way, people can see that the westerners’ acceptance of China’s traditional culture has greatly changed, which is a good thing to reduce the "misunderstanding" in the cultural exchange between China and the West.

　　Source: CCTV News, Beijing Youth Daily, Guangzhou Daily.