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Since the founding of People’s Republic of China (PRC), competitive sportsmen in China have made great efforts, constantly surpassed and courageously climbed the peak, and made remarkable achievements, making important contributions to the national sports cause and socialist construction and development. The development of competitive sports is closely related to the national economic and social development, and is in the same direction and synchronous with the development process of the Chinese nation from "standing up" to "getting rich" to "getting strong". The outstanding achievements of competitive sports also highlight the great achievements of socialist modernization, and reflect the strong vitality and vitality of the development path of sports with China characteristics.

　 　 First, the development process

(a) the initial stage of development (1949-1978).After the founding of New China, facing the situation at home and abroad, how to quickly improve the level of competitive sports to meet the needs of international exchanges has become an important task. Combined with the national conditions at that time, China’s sports industry established the strategy of "combining popularization with improvement". Since participating in the 15th Helsinki Olympic Games in 1952, China’s competitive sports have gradually emerged. The first National Games in 1959 brought new development opportunities for competitive sports, and competitive sports have made great progress in the achievements of domestic and international competitions and the training of outstanding athletes. However, the ten-year turmoil has seriously hindered the development of sports in China. Under the guidance of the strategic policy of "shortening the front and ensuring the key points", the limited social resources have been applied to key areas to ensure the local development and catch-up of competitive sports.

(2) The stage of steady development (1979-1992).Since China resumed its legal seat in the International Olympic Committee in 1979, the main task of competitive sports has been to "climb the peak bravely and win glory for the country", and to achieve excellent results in international competitions under the promotion of "priority development strategy" and cultivate excellent athletes for the country. Under the guidance of the spirit of the Third Plenary Session of the Eleventh Central Committee of the Communist Party of China, China’s competitive sports have actively explored the reform of system and mechanism, and the reform of competitive sports management system, competition training system and talent training system has been launched in an all-round way. With the promotion and guarantee of the national system, competitive sports have achieved steady growth of their own strength.

(3) Rapid breakthrough stage (1993-2008).After 1992, China’s competitive sports showed the trend of professionalization and marketization, and the development and perfection of socialist market economy further injected new vitality into competitive sports. Taking the reform of football as a breakthrough, the reform and development of competitive sports in China has been deepening. The main task of competitive sports at this stage is to absorb the achievements of professional reform, vigorously improve the scientific, systematic and international level of competitive sports, implement the outline of Olympic glory plan, and obtain the results of international competitions with the help of "Olympic strategy". In the 2008 Beijing Olympic Games, we achieved the goal of ranking first in the world in gold medals and medals, enhanced the comprehensive strength of competitive sports, shaped a good international image, and made a historic leap in the international competitiveness of competitive sports.

(4) The stage of transformation, upgrading and all-round development (2009-present).After the 2008 Beijing Olympic Games, the main tasks of competitive sports are to actively explore the sustainable development mode, vigorously promote the reform of competitive sports system and mechanism, innovate the Olympic preparation mode and implement the national games system reform, and steadily promote the substantive reform of Olympic sports associations. Especially since entering the new era, competitive sports have gained new development impetus, and gradually realized the institutional mechanism transformation from single management to multiple governance, from "glory-winning sports" to all-round sports, from "gold medal first" to the compound goal transformation of showing comprehensive strength, and competitive sports have gathered new development vitality.

Second, the main achievements

(A) the Olympic journey to create excellent results

Since the 15th Helsinki Olympic Games in 1952, the China delegation has been making its mark on the Olympic stage. In 1984, Xu Haifeng won the first gold medal in the Olympic Games, achieving a "zero breakthrough" in gold medals and medals. From the 1984 Los Angeles Olympic Games to the 2016 Rio Olympic Games, China participated in 9 Summer Olympic Games and won 224 gold medals, 167 silver medals and 155 bronze medals. Since China participated in the 13th Winter Olympics in 1980, China has participated in 11 Winter Olympics. In 1992, it achieved a breakthrough of zero medals and zero gold medals in 2002, especially in the Vancouver Winter Olympics in 2010, China entered the top 8 medals list for the first time. By 2018, China has won 13 gold medals, 28 silver medals and 21 bronze medals in the Winter Olympics. It took only 24 years for the Los Angeles Olympic Games to return to the Olympic family and achieve the breakthrough of "zero" Olympic gold medal, to enter the first group of Olympic gold medal list for the first time in Sydney Olympic Games in 2000, and to top the gold medal list for the first time in Beijing Olympic Games in 2008. Competitive sports achieved leap-forward development and created a miracle in the history of competitive sports in the world.

(2) The number of world champions and world records has increased.

Since participating in the 15th Helsinki Olympic Games in 1952, China athletes have been winning glory for their country and bravely climbing the peak, and made historical leaps again and again. Especially since the reform and opening up, the number of world champions in competitive sports has increased. Since 1978, China athletes won four championships in the world series, Chinese athletes have won 252 Olympic champions. Won 3319 world champions, accounting for more than 99% of the total since the founding of New China; It has surpassed the world record by 1,125 times, accounting for 86.4% of the total since the founding of New China. Among them, from 1978 to 2000, China athletes won 1,392 world championships, with an average of 60.5 in 23 years, far exceeding the growth rate of other countries in the world in the same period.

(C) created a large number of stable Olympic gold medals

We constantly focus on creating key projects suitable for China’s national conditions, forming a relatively stable group of key projects, creating seven dominant events, such as diving, table tennis, badminton, gymnastics, weightlifting, shooting and judo, and many potential dominant events, such as wrestling, fencing, archery, cycling and taekwondo. China’s competitive sports have become an important force in the international sports arena. In addition, a large number of outstanding sports teams have emerged in China, such as China women’s volleyball team, China table tennis team, China mountaineering team, and China diving team known as the "dream team".

(D) The advantages of the national system and the Olympic strategic system have been formed.

Since the founding of New China, China’s sports have actively adapted to the requirements of the development of market economy, and constantly adjusted and improved the national system through persistence, so that the national system can always exert great cohesion, mobilization and coordination, and fully mobilize the enthusiasm of the national sports system to jointly do a good job in competitive sports. After 70 years’ continuous test of sports practice by several generations of sports workers, the national system has become a magic weapon to promote the rapid development of competitive sports in China and achieve brilliant achievements. Relying on the national system can widely mobilize the enthusiasm of the national resources and sports system in a special period, effectively form an institutional mechanism of government-led, departmental coordination and social participation, shape a strong working force, and promote competitive sports to achieve excellent results in world competitions.

(5) Successfully bid for hosting the Olympic Games, World Championships, Asian Games and other major international events.

Successfully held the 1990 Beijing Asian Games, 2008 Beijing Olympic Games, 2010 Guangzhou Asian Games, 2011 Shanghai World Swimming Championships, 2012 Haiyang 3rd Asian Games, 2013 Nanjing 2nd Asian Youth Games, 2013 Tianjin 6th East Asian Games, 2014 Nanjing 2nd Youth Olympic Games, 2015 Beijing World Athletics Championships and 2015 Suzhou World Table Tennis Championships. Many comprehensive international events, such as the 2018 Nanjing World Badminton Championship, the 2019 Men’s Basketball World Cup and the 7th military world games in Wuhan in 2019, have also successfully bid for the 24th Winter Olympics in Beijing in 2022, the 19th Asian Games in Hangzhou in 2022, the 3rd Asian Youth Games in Zhanjiang in 2021 and the 12th World Games in Chengdu in 2025. In particular, the bid for the 2008 Beijing Olympic Games and the 2022 Beijing Winter Olympics has made Beijing the only city in the world that has hosted the Summer Olympic Games and the Winter Olympic Games.

(6) A large-scale team of outstanding competitive sports talents has been trained.

Give full play to the advantages of the national system, vigorously implement the strategy of "strengthening the body with talents" in the field of sports, and gradually establish a training system for athletes, coaches, sports management, scientific research personnel, medical personnel and other outstanding talents, and create a talent team with sufficient quantity, reasonable structure and excellent quality. The number of competitive sports talents is growing steadily, the scale of talent team is growing, and the talent structure is constantly optimized. By 2007, there were 17,937 outstanding athletes in China, including 489 international athletes, 4,230 national athletes, 5,635 first-class athletes and 7,583 second-class and below athletes. From 2008 to 2016, China has trained 2,725 international athletes and 21,020 international athletes. From 2008 to 2017, there were more than 5,000 national athletes and 700 international athletes every year, reaching 854 in 2014. By 2017, there were 24,354 coaches and 1,659 coaches in China. By 2016, there were 95,472 referees nationwide, including 485 international referees and 1,819 national referees, distributed in 72 sports.

(VII) The reform of professionalization and socialization of competitive sports has achieved remarkable results.

Promoting the professionalization and social reform of competitive sports is an important breakthrough to improve the development level of competitive sports. Since the founding of New China, China has continuously promoted the substantive reform of sports associations in the field of competitive sports, actively explored the development mode of professional sports under the conditions of socialist market economy, continued to promote the professionalization of qualified sports, improved the professionalism level of football, basketball, tennis and other sports, and used the social market to help the development of competitive sports, forming a professional league market of a certain scale. Since 2015, taking football reform as a breakthrough, the professional development level of football, basketball and volleyball has been continuously improved, and the social participation of professional sports has been continuously expanded.

(VIII) The position and role of competitive sports in serving the national strategy are increasingly prominent.

Since the founding of New China, competitive sports have made outstanding achievements in domestic and international competitions, at the same time, their own connotations and extensions have been continuously enriched, and they have been continuously integrated with economic, social, cultural, diplomatic and other fields, which has played an important role in national development. By hosting and participating in various large-scale international competitions, it has displayed the good image of China and the new features of economic and social development, shaped the image of a big country, and demonstrated the great achievements of China’s reform and opening up. By vigorously developing the competition performance market, professional sports market, sports fitness and entertainment market, the industrialization of competitive sports projects was promoted. In 2016, the total output of the sports competition performance industry was 186.8 trillion yuan, and the added value reached 6.55 billion yuan. With the deepening of China’s sports reform, the political value of competitive sports, which mainly serves the rise of the country, has gradually changed to the humanistic value of meeting social needs. Focusing on meeting the needs of people’s cultural life, it has continuously exerted the diversified values of leisure, education and health of competitive sports.

(9) Chinese sportsmanship has been enriched in practice and carried forward in the whole society.

Chinese sports spirit is an important cultural wealth produced in the field of competitive sports in China. Since the founding of New China, we have gradually formed the Chinese sports spirit with the connotation of "winning glory for our country, unity and cooperation, selfless dedication and tenacious struggle". The Chinese sports spirit has inherited the timeless national spirit of the Chinese nation and condensed the painstaking efforts of generations on the sports front, which has been continuously promoted in practice. China Women’s Volleyball Team is not afraid of strong players, and has worked hard to create the glory of five consecutive championships. The "Women’s Volleyball Team Spirit" has greatly inspired the people of the whole country’s passion for reform and has become a powerful spiritual driving force for the whole nation to forge ahead. "How many times can you have in life", "Keep your mind on the motherland and look at the world" and "Rush out of Asia and go to the world" far exceed the scope of sports and become a powerful spiritual force that inspires the people of the whole country to strive for self-improvement and strength. Chinese sports spirit has enriched the content of socialist spiritual civilization construction, and has become a treasure to inspire the people of the whole country to actively participate in socialist modernization, and has been widely promoted in the whole society.

Third, the development direction of competitive sports in China in the new era

1. Enrich the new connotation of competitive sports development and help build a powerful country in the new era.

First, we should change from the single value of serving the country to the multi-value of meeting social needs, and broaden the value connotation of competitive sports development. We should put more emphasis on promoting national and social construction in the new era through competitive sports, constantly tap the economic, cultural and educational values of competitive sports, play a comprehensive role in promoting national economic and social transformation and upgrading, serving national foreign strategy in the new era, and promoting national civilization and social harmony, so as to expand more space and gather more energy for competitive sports’ own development, so as to better play the important role of competitive sports in the new journey of building a socialist modern country.

Second, from one-dimensional glory for the country to comprehensive service for social development, closely meet the needs of building a strong country in the new era and innovate the target connotation of competitive sports development. It is necessary to promote the new connotation of competitive sports development from the height of national development and national rejuvenation, closely link the development of competitive sports with the destiny of the country and the nation, reposition the development direction of competitive sports from the height of national development and national strategy, better serve the goal of building a healthy China and a strong country, promote the transformation of development mode of competitive sports from the starting point of meeting people’s sports needs, and continuously enhance the motivation and vitality of comprehensive, coordinated and sustainable development of competitive sports.

The third is to change the priority development and catch-up development of competitive sports to coordinated development and all-round development, and optimize the structural connotation of competitive sports development. Competitive sports in the new era should always adhere to the people-centered development concept, correct the structural problems in the development of competitive sports in time, and fill the shortcomings in the development of competitive sports as soon as possible. It is necessary to carry out the development concept of "innovation, coordination, green, openness and sharing", ensure the balanced development of various elements in competitive sports, implement sustainable development evaluation, and promote the connotative development of competitive sports by optimizing the development mode of competitive sports.

2. Establish a new system and mechanism for the development of competitive sports, and improve the modernization level of governance capacity.

First, the institutional mechanism of competitive sports has changed from single management to multi-governance, from unlimited government power to limited power, from "one-wheel drive" of government management and operation to "four-wheel drive" of government, society, market and individuals, from "vertical" management to "flat" governance, so as to promote the continuous transformation of competitive sports to the "flat" governance structure of government-led, social participation and personal investment. Strengthen the top-level design, change the government functions, establish the main position of social organizations in the development of competitive sports, and constantly integrate the full participation of society, the effective participation of the market, the voluntary participation of citizens and the government’s leadership to create a new competitive sports governance structure that makes full use of social resources, relies on social forces, government participation and market support.

The second is to change from extensive relying on concentrated resources to organizational system focusing on scientific and technological assistance and mechanism innovation, and to promote the intensive transformation of competitive sports governance structure to multi-mechanism coupling innovation. Integrate the institutional resources of competitive sports, strengthen the coordination between government regulation and market resource allocation, promote the development mode of competitive sports to change from the extensional expansion with emphasis on quantity to the connotative development with emphasis on quality, continue to innovate the operational mechanism of competitive sports, from the extensive one that emphasizes the concentrated investment of resources to the intensive one that relies on the innovation of ideas and systems, and from the human-intensive one to the scientific one, so as to improve the overall structural benefits of competitive sports and guide the continuous development of competitive sports to the connotative one.

The third is to change from a single state investment to an Olympic preparation organization and management model with multiple participation of the state and society, so as to enhance the activity of the preparation system and mechanism. Promote preparation by reform, strengthen reform by preparation, innovate the management mechanism of national team’s preparation, guide and encourage local sports and social organizations, enterprises, universities and individuals to undertake the task of Olympic training by coordinating various forces such as government, society, market, individuals and industries, integrate various forces, mobilize the enthusiasm of diverse subjects to prepare for the Olympic Games, build a national preparation organization and management platform, and build a preparation system with multiple participation of the state and society.

3. Constantly improve the development strategy of competitive sports and improve the ability to win glory for our country.

First, from highlighting the advantages of the Olympic Games to the comprehensive and coordinated development of various competitive sports, by enhancing the overall strength of competitive sports, we can improve the ability of competitive sports to win glory for the country. Change the layout of Olympic strategic events centered on dominant events, improve the structure of competitive sports events, expand and consolidate the scale of dominant events while maintaining the level of dominant events, vigorously implement the strategy of revitalizing collective ball events and the strategy of comprehensively improving physical fitness events, achieve breakthroughs in the most influential events recognized in the world, maintain the comprehensive level of winter events and continuously improve international competitiveness, and achieve world-class results in the summer Olympic Games and world competitions. By optimizing the structural layout of competitive sports, we can establish a reasonable distribution of events.

Second, the Olympic strategy has changed from focusing on quantity and scale to emphasizing quality and efficiency, from the supremacy of gold medals to the compound goal of showing comprehensive strength, enriching the new connotation of competitive sports winning glory for the country. Shaping and popularizing a healthy and positive view of gold medals has shifted from simply pursuing the improvement of sports level to enhancing the comprehensive competitiveness of competitive sports. Fully understand the national development, national image, national spirit and social value behind competitive sports, scientifically coordinate the preparations for major events, and pay more attention to the right to speak in international sports, the right to participate in international sports affairs, the ability to host international events, and the right to formulate rules for large-scale events, so as to comprehensively enhance the comprehensive competitiveness of competitive sports.

Third, from passive response to active adaptation to the development law of international competitive sports, from mentoring to tackling key problems in the Olympics, we will vigorously promote the work of "science and technology assistance" and improve the scientific and intelligent level of sports training. Actively adapt to the changes of international politics, economy and information technology, deepen the research on the development law of competitive sports, grasp the evolution characteristics and training laws of Olympic events, and improve the scientific and technological content behind gold medals. It is necessary to build a scientific and technological assistance platform, speed up the construction of compound training teams, promote the deep integration of new technologies, new materials, new equipment and physical training, special training, functional monitoring, medical rehabilitation, dietary nutrition, psychological training, intelligence information and other training practices, speed up the intelligent transformation of training venues, equipment and facilities, and improve the scientific and informational level of training process and state monitoring.

4. Vigorously promote the work of "science and technology assistance" and improve the scientific level of sports training.

The first is to improve the system and mechanism of "science and technology assistance" work. Establish a scientific and technological service system that is compatible with the socialist market economic system and closely integrated with sports training practice, improve the unified management mechanism, break through the barriers between various projects, and closely integrate science and technology with training practice by building a platform for resource sharing and experience exchange. Make extensive use of social market resources, attract all social forces to participate in the work of "science and technology assistance", and jointly carry out scientific research, science and technology service and guarantee by giving full play to the advantages of different participants, so as to create an efficient, multi-channel and multi-form sports training information service network and sports science and technology incentive and guarantee mechanism, and improve the quality and efficiency of science and technology service.

The second is to vigorously implement the "science and technology assistance" and the science and technology support plan. Introduce big data and artificial intelligence technology, strengthen international information collection, and dynamically analyze and master big data of competitive sports in various countries; Develop science and technology around the actual needs of sports training, organize multiple forces to carry out public relations on major competitive sports research projects by means of science and technology, and promote the application of high and new technology in sports training practice; Strengthen the big data analysis of technical and tactical training, improve the level of special physical training and scientific recovery and regeneration, speed up the update iteration of biotechnology, sports equipment, training equipment and scientific research instruments, strengthen scientific training, nutrition recovery, state control and multidisciplinary scientific and technological public relations, improve the scientific and informational level of training process and state monitoring, and gradually improve the scientific and technological content of the project through equipment innovation and equipment upgrading.

The third is to build a modern multi-functional intelligent venue. Improve the scientific and technological elements of training venues and facilities in China, gradually improve the scientific and technological content of venues and facilities through equipment innovation, equipment transformation and upgrading, and promote the integration of training, scientific research, medical care, rehabilitation and other elements into training venues. It is necessary to constantly upgrade and transform the multifunctional intelligent venues that meet the needs of preparing for the Olympic Games, and build an intelligent training center with multi-functions such as technical diagnosis, medical supervision, information collection and physical recovery, so as to provide excellent hardware guarantee for sports training and competition.

5. Construct a modern competition system with China characteristics and improve the professional level of competitive sports.

The first is to promote the socialization, scientificization, institutionalization and diversification of the competition system. Reform the system of the National Games, the Winter Games and the Youth Games, improve the methods of organizing and managing the Games, promote the integration of the National Games with the Olympic Games, link the annual events with the National Games, closely combine domestic and international competitions, and carry out various series, grand prix and sub-races to meet the needs of people in different regions and at different levels. We will implement the hierarchical and classified management of competitions, expand the flexibility, openness and autonomy of holding and participating in professional competitions, mobilize the enthusiasm of diversified competition subjects, and establish a single competition system that meets the needs of project development and market, the requirements of the growth and success of young athletes, and is in line with international standards.

The second is to innovate the development mode of professional sports with China characteristics. First of all, to coordinate the relationship between China’s professional sports and professional sports that win glory for the country, we should not only base ourselves on China’s national conditions but also respect the development law of professional sports, coordinate the relationship between project management centers and associations and professional clubs, and make extensive use of social market resources to improve the competitive level of sports according to the marketization degree of sports in China; Secondly, we should promote the substantive operation of professional leagues, do a good job in the top-level design of professional sports leagues, create professional leagues with different projects, fully mobilize the enthusiasm of social markets to participate in professional competitions, build a league management system guided by the government, relying on the market and supervised by associations, and establish a development model of professional leagues with China characteristics.

The third is to cultivate professional brand events with international influence. Give full play to the leading role of the market, fully tap the professional development potential of different projects, and build professional sports clubs with China characteristics and high-level professional brand events. Actively promote all kinds of sports clubs to the international market, explore the professional development path of football, basketball, volleyball, tennis, golf and other projects in China according to the professionalism and influence of sports in China in the world, and strive to cultivate 3-5 professional brand events with international influence by 2050.

6. Persist in implementing the strategy of strengthening the body with talents and promote the diversified training of competitive sports talents.

The first is to build a new competitive sports reserve talent training system with multiple inputs from sports system, education system and social forces. Broaden the ways to train athletes, vigorously promote the integration of sports and education, mobilize the enthusiasm, initiative and creativity of talent training units, social organizations and individuals while continuing to play the leading role of government departments, and give play to the role of the market in popularizing projects and cultivating reserve talents. Improve the youth sports network and linkage mechanism combining schools, communities and families, realize the organic combination of sports schools, school sports teams, amateur sports schools and sports clubs, and lay a solid foundation for cultivating competitive sports reserve talents.

The second is to improve the training level of high-level coaches, referees and other compound talents. Further implement the elite coach training plan, strengthen the construction, management and training of high-level coaches, improve the evaluation mechanism of coach coaching management and the methods to improve coaches’ professional ability, establish a lifelong learning system for coaches, and comprehensively improve the comprehensive quality and innovation ability of high-level coaches in China. Improve the scientific level of compound training management team, and build a talent team recognized by international sports organizations by accelerating the training of physical training talents in China, expanding the scale of physical training and rehabilitation talents in China, and increasing the training of high-level competition managers and referees.

The third is to promote the diversification of the talent training mode of the national team. Innovate the formation mode of the national team, optimize the selection method of outstanding talents, and vigorously promote the socialization, institutionalization and localization of the training of high-level talents of the national team. By relying on various forces to mobilize the enthusiasm of social participation, we will actively establish cooperative relations with some colleges and universities and individual associations, and use various forces to build a new national team. In addition, we should combine education policy with competitive sports policy to cultivate outstanding reserve talents, continue to carry out cross-border multi-disciplinary talent selection, establish a long-term mechanism combining project selection with cross-border selection, continue to implement the strategy of strengthening the body with talents, and build a reserve talent echelon with different projects linked and progressive.

　　Xinhua News Agency, Lanzhou, July 12 (Reporter Hu Weijie, Zhang Zhimin) At about 23 o’clock on July 10, a mudslide occurred in Zhangzigou Village, Madang Town, Xiahe County, Gannan Tibetan Autonomous Prefecture, Gansu Province. After the disaster, emergency, public security, fire fighting and other rescue forces quickly launched a life rescue against time.

　　At 23: 34 on the 10th, due to the long-term heavy rainfall, the mountain torrents in Zhangzigou Village caused mudslides, and the rolling mud poured down the river. The sleeping people were quickly awakened, and everyone took their umbrellas and ran to the highlands to avoid danger. "It’s the first time I’ve seen such a heavy rain." Some old people in the village said. Soon, mud poured into village roads, squares and even some villagers’ homes.

　　A disaster site in Zhangzigou village. (Photo courtesy of Xiahe County Media Center)

　　At this time, someone in the crowd shouted, "The people in the gravel factory have not yet withdrawn" and "Call the police quickly". There are more than 30 workers in the sand and gravel factory. When the mudslide happened, many people were trapped in the shed, and dump trucks and trucks were overturned in the river by muddy water. The situation was very urgent.

　　The night was dark and the heavy rain continued. The flood drainage channel in the village has been blocked, and a large amount of sand and mud water is coming in everywhere. Search and rescue personnel waded through the muddy water hand in hand, and every step had to be exhausted. After arduous trekking, they finally rescued many workers trapped in the shed one after another, and seven of them were injured. Two other people were killed and two lost contact, and the search and rescue personnel were involved in the search for the lost contact.

　　Rescue site. (Photo courtesy of Xiahe County Fire Rescue Detachment)

　　At 16: 00 on the 11th, 336 people from 76 affected households had all been transferred to temporary resettlement sites. Water and electricity were supplied in the resettlement site for the first time, and the lives of the affected people were guaranteed. The rescue forces also worked with local cadres and masses to clear silt, dig tunnels and strengthen houses, and fully restored the post-disaster production and living order.

　　Temporary resettlement sites for the affected people. (Photo courtesy of Xiahe County Media Center)

　　At 10: 30 on the 12th, the Water Resources Department of Gansu Province launched Class III emergency response for flood and drought disaster prevention. At present, all parts of Gansu are paying close attention to the changes of rain conditions, strengthening monitoring and forecasting, consultation and analysis, and being on duty, strengthening the safe flood control and scientific dispatching of reservoirs, implementing the prevention of floods and flash floods in small and medium-sized rivers, and inspecting and defending dikes, and making every effort to protect people’s lives and property.

Text |DoNews Zhang Yu

Editor | Yang Bocheng

As the largest Chinese online literature platform in China, Reading Group still failed to completely reverse its performance decline.

According to the 2023 financial report, the total revenue of Reading Group was 7.012 billion yuan, down 8.0% year-on-year; The net profit of returning to the mother was 805 million yuan, a year-on-year increase of 32.3%; Under non-GAAP, the net profit returned to the mother was 1,130.4 million yuan, down 16.2% year-on-year.

On the surface, although the total revenue of Yuewen Group decreased year-on-year, its net profit increased by more than 30%. However, it should not be ignored that its net profit growth was based on the decline of more than two-thirds in 2022. At the same time, the number of employees of Yuewen Group decreased by about 100 in 2023, which improved the operational efficiency to a certain extent, but also triggered doubts about the growth potential of Yuewen Group in the capital market.

On the second day after the release of the financial report in 2023, the share price of Reading Group plummeted at the opening, and the final closing price was HK$ 25.35, a decrease of 7.31%. Compared with the highest market value of HK$ 31.316 billion in the year, the market value of over HK$ 5 billion has vanished.

Reading Group revealed in its 2023 financial report that it has made innovations and explorations in many different fields, such as AIGC and short play market, etc. But can these explorations restore the reading group to its former glory?

01 lack of performance growth

In 2022, the total revenue of Reading Group declined for the first time in five years since its listing. The 2022 financial report shows that the total revenue of Reading Group is 7.63 billion yuan, down 12% year-on-year; The net profit was 608 million yuan, a year-on-year decrease of 67.1%.

By 2023, this situation has not improved, and the total revenue of Reading Group has dropped by 8.0% year-on-year. In fact, if the comparison time is prolonged, the performance of Reading Group seems to have bid farewell to the period of rapid growth. From 2017 to 2021, the total revenue of Reading Group was 4.095 billion yuan, 5.038 billion yuan, 8.348 billion yuan, 8.526 billion yuan and 8.668 billion yuan respectively, and the corresponding net profit was 563 million yuan, 912 million yuan, 1.112 billion yuan,-4.500 billion yuan and 1.843 billion yuan respectively.

According to the business composition, Reading Group mainly has two businesses: online business, copyright operation and other businesses. The former mainly includes the income from online reading, online advertising and the distribution of third-party online games on the platform, while the latter mainly includes the income from the production and distribution of TV dramas, online dramas, animations, movies, selling copyrights, operating self-operated online games and selling paper books. Among them, online business is the main source of income for the Reading Group, and in 2023, this business accounted for 56.3% of the total revenue.

Source: Reading Group Financial Report

According to the 2023 financial report, the online business income of Yuewen Group was 3.95 billion yuan, a year-on-year decrease of 9.5%, among which the income of its own platform products, Tencent channels and third-party platforms all declined.

Specifically, the business income of self-owned platform products was 3.414 billion yuan, a year-on-year decrease of 2.0%, mainly due to the fact that Reading Group continued to optimize the distribution channels with low return on investment and improve the operational efficiency of online reading business; Tencent’s product channel business income was 342 million yuan, down 42.2% year-on-year, mainly due to the measures taken by Reading Group to optimize the content distribution mechanism, which led to the decrease in advertising revenue, and also due to the reasons why Reading Group optimized Tencent’s product distribution channels. The third-party platform business income was 193 million yuan, a year-on-year decrease of 33.6%, mainly due to the suspension of cooperation with some third-party distribution partners by Reading Group in 2023.

In addition, the revenue from copyright operation and other businesses was 3.06 billion yuan, down 6.1% year-on-year, which also showed a downward trend. Among them, the revenue from copyright operation decreased by 5.9% year-on-year, mainly due to the decrease in revenue of Xinli Media.

Along with the decline of all businesses, the number of active users has declined. According to the financial report, the monthly active users of Reading Group decreased from 244 million in 2022 to 206 million in 2023, with a decrease rate of 15.7%. Among them, although the average number of monthly paying users of Reading Group increased by 10.13% year-on-year to 8.7 million, ARPU (average monthly income per paying user) decreased by 14.0% year-on-year to 32.5 yuan. According to the financial reports over the years, from 2019 to 2022, the average monthly paid users of Reading Group were 9.8 million, 10.2 million, 8.7 million and 7.9 million respectively, while the ARPU was 25.3 yuan, 34.7 yuan, 39.7 yuan and 37.8 yuan respectively.

It is not difficult to find that in recent years, the average number of monthly paying users of Reading Group has generally declined, which means that the ceiling of paid reading looms, while copyright operation and other businesses are still difficult to carry the banner of income, and Reading Group is facing an extremely severe situation.

02 AIGC difficult rescue field

In July, 2023, Yuewen Group launched a large-scale model for online literature "Yuewen Miaobi" and an application product based on this model "Writer’s Assistant Miaobi Edition". Among them, Yuewen Miaobi mainly serves creators, providing services such as assisting people’s design, world outlook and power system construction.

AIGC is regarded as a new opportunity by Reading Group. In 2023, the ingenious version of the writer’s assistant has been opened to all contracted writers, and the weekly utilization rate of the AI function in the writer’s assistant has reached 30%.

Reading Group pointed out in its 2023 financial report, "With the continuous breakthrough of AI technology, we believe that AI can not only serve IP creation, but also play an important role in releasing the value of IP, which can bring adaptation opportunities for more works and shorten the path of IP from visualization to commercialization."

Hou Xiaonan, CEO and President of Reading Group, believes that in the future, Reading Group will continue to upgrade to an open and multi-modal model, and AIGC will fully empower the creative ecology and IP ecology. Reading Group will comprehensively explore the AI application of audio, comics, animation, derivative and other development chains.

AIGC is considered as the "secret weapon" for Reading Group to change the commercialization dilemma. Hou Xiaonan said, "AI translation can reduce the translation cost to 1%. Our long-term goal is to realize the one-click access of domestic writers to the sea, and even realize the global synchronous update of web texts in the future, which will help us build a global IP, and AI will reshape the business model of the entire IP industry chain. "

The 2023 financial report shows that WebNovel, the overseas reading platform of Reading Group, provides about 3,800 Chinese translations and about 620,000 local original works to overseas users. In March, 2023, among the top 100 works in WebNovel bestseller list, 21 works were translated by AI.

In the long run, although AIGC will help the Reading Group to build a new IP upstream and downstream integrated ecosystem, it is still difficult to change the status quo of the Reading Group at this stage: on the one hand, there are multiple problems in the process of promoting the industrialization of large models, such as computing power constraints, uneven data quality, and difficulty in highly integrating with the industry; On the other hand, large-scale model products are also faced with the homogenization of content. At present, the homogenization of online content has become more serious. Under the AI-assisted creation, similar themes are proposed to set similar world views and characters, or the homogenization problem is aggravated.

03 bet on the 100 billion short play market

Short plays are setting off a new wave of gold diggers. Ai Media Consulting predicts that the short play market will exceed 50.4 billion yuan in 2024 and 100.6 billion yuan in 2027.

The reading group, which holds a large number of high-quality IP, obviously doesn’t want to miss this outlet. In October, 2023, Reading Group publicly issued a script solicitation order, marking its official entry into the online text industry; In December, at the opening ceremony of the 2nd Shanghai International Network Literature Week, Yuewen Group released the "Star River Incubation Plan for Short Plays", which included three major initiatives: 100 IP cultivation plans, 100 million creative funds and AIGC empowerment. According to the 2023 financial report, there are several short plays in the Reading Group that have exceeded 10 million.

Hou Xiaonan believes that the short drama market is growing very fast, which constitutes a "new consumption model". The reading IP has also been adapted into short dramas, and the IP suitable for short drama adaptation will be screened out later to create short drama explosions.

Reading Group is indeed the closest player to the short drama track: on the one hand, reading group is in the content production link and plays the role of copyright owner, and short drama companies can cooperate with it to purchase copyright and incubate IP; On the other hand, Yuewen Group has a large number of young users, accounting for more than half of the age range of 19-35. In terms of audience groups, Yuewen Group has inherent advantages.

However, at present, the short drama industry is facing increasingly strict supervision. Since the end of November 2022, the State Administration of Radio, Film and Television has organized a special rectification work for "small programs" network short dramas. In 2023, the State Administration of Radio, Film and Television also carried out related actions twice. Subsequently, three short video platforms, WeChat, Tik Tok and Aauto Quicker, banned a large number of accounts that illegally published short plays. While a large number of miniseries were removed from the shelves, the industry also ushered in a crossroads.

In addition, it is not easy for Yuewen Group to enter the short play business: on the one hand, the content homogenization of short plays is more serious, and many short plays are similar in content, theme and form, lacking innovation and characteristics; On the other hand, the single profit model is a big dilemma of short plays. Many short plays mainly rely on advertising revenue and fans’ rewards, but these revenues are often not enough to support the long-term operation of the business.

With the continuous development of the short drama market, more and more players will flood into this field. In the case of fierce competition, it will be an important challenge for Reading Group in 2024 to carry out short drama business legally and legally and launch high-quality short drama products.

　　The Press Center of the First Session of the 13th National People’s Congress held a press conference at 15: 00 on March 17th (Saturday) in the multi-function hall of Media Center, and invited Li Ganjie, Minister of Environmental Protection, to answer questions from Chinese and foreign journalists on "Fighting the tough battle against pollution". The picture shows Minister of Environmental Protection Li Ganjie answering a reporter’s question.

　　CCTV News:In recent years, topics about environmental governance, air pollution, and central environmental protection inspectors have been constantly discussed. On the morning of the 17th, the National People’s Congress deliberated and passed the institutional reform plan of the State Council, which clearly integrated all the responsibilities of the Ministry of Environmental Protection with those of six other departments to form a new Ministry of Ecology and Environment.

　　On these hot topics, the Press Center of the First Session of the 13th National People’s Congress held a press conference on the 17th, and Minister of Environmental Protection Li Ganjie responded to them one by one.

　　The Ministry of Ecology and Environment should realize "five connections"

　　Regarding the functions of the Ministry of Ecology and Environment, Li Ganjie said that there are "five ways to get through" to unify the original scattered responsibilities of pollution prevention and ecological protection: the first is to get through the ground and underground, the second is to get through the shore and the water, the third is to get through the land and the sea, the fourth is to get through the cities and the countryside, and the fifth is to get through the carbon monoxide and carbon dioxide, which is to unify the prevention and control of air pollution and the response to climate change. The new Ministry of Ecology and Environment not only retains the responsibilities of the Ministry of Environmental Protection, but also has great changes.

　　In the past five years, the central government has invested 63.3 billion yuan to control the atmosphere.

　　In the past five years, with the implementation of "Atmosphere Ten", China eliminated more than 200,000 small coal-fired boilers, and eliminated more than 20 million yellow-label cars and old cars. The central government spent more than 60 billion yuan on air pollution control, reaching 63.3 billion yuan.　

　　Li Ganjie said that although the implementation of "Atmosphere Ten" is really effective, the whole environmental protection work still has a long way to go, and it is still in a state of "depending on the weather". We also need to work harder on the basis of the past to pay close attention to implementation.

　　We are working hard to study and draft a three-year operational plan for defending the blue sky.

　　In order to control air pollution, Li Ganjie said that the three-year operational plan under study, called the three-year operational plan for defending the blue sky, is expected to come out soon. As for the target of PM2.5 concentration reduction in 2020, Li Ganjie said that some overall targets have been set in the original "Thirteenth Five-Year Plan" for ecological environmental protection, which will be roughly based on this, and further research will be carried out. Some targets will remain unchanged, and some targets may be appropriately improved.

　　Environmental protection inspectors are firmly opposed to ordinary inaction and chaos when the time comes.

　　In the process of four batches of inspectors, there has been a problem of "one size fits all" for enterprises in some places. Li Ganjie said, we are firmly opposed to the situation of doing nothing at ordinary times and doing things indiscriminately when the time comes. We should resolutely curb this trend.

　　Li Ganjie also said that the future work of the central environmental protection inspector will be carried out in four aspects. First, prepare for the first round of "looking back" of environmental protection inspectors; Second, combined with "looking back", carry out special supervision; Third, study and improve the relevant regulations and systems of central environmental protection inspectors; Fourth, strengthen the guidance and supervision of environmental protection inspectors at the provincial level.

[car home New Energy] The long-overdue Beijing Auto Show will finally meet with you. The 2020 Beijing Auto Show will coincide with the National Day Holiday for several days. I believe that friends who love cars will be excited at home. This year’s Beijing Auto Show, whether it is the heavyweight index of new cars or the enthusiasm of everyone, will definitely be different from the previous ones. Many small partners hold the new energy license index but don’t know what car to choose. They also take this opportunity to focus on new cars and provide some reference for buying vehicles. However, the nightmare of running a broken leg at the auto show every year still exists, so we sort out a guide to the exhibition and guide some new energy heavy new cars so that you won’t get lost in the exhibition.

● Heavy new energy vehicles in Hall E1: Pentium E01, (|)

Pavilion E1 is a collection of China brands, new car-making forces and luxury car brands. Although there are not many brand-new new energy vehicles, they all shoulder the heavy responsibility of "expanding the territory" of the brand, including E01 from FAW Pentium and Gaohe HiPhi X from new car-making forces.

○ Pentium E01: Virtual Character Voice Assistant and Its Rich Configuration

Pentium E01 is the first product of Pentium brand new energy E series, and it is also the pioneering work of Pentium’s impact on the electric vehicle market. The new car is positioned as a medium-sized pure electric SUV, which started blind ordering on August 12 and will be officially listed at the Beijing Auto Show.

Personally, I think the biggest highlight of the new car is the interior of the car, which is equipped with double 12.3-inch full LCD dashboard and multimedia screen. The center console is equipped with Pentium’s iconic virtual character voice assistant, and there are many cartoon images to choose from. This makes the interior of the new car full of technology. In terms of configuration, the A-pillar of the new car is equipped with an infrared camera, which can detect the driver’s condition in real time and trigger the corresponding functions. In addition, steep slope descent, ESC system, trunk opening and closing, car networking, voice interaction, car application function expansion and so on are also equipped.

In terms of power, Pentium E01 will be equipped with a motor with a maximum power of 190Ps and a maximum torque of 320 N m. The capacity of ternary lithium battery is 61.34kWh and the cruising range of NEDC is 450km. Judging from the static product strength, the performance of Pentium E01 is above the mainstream level, and many popular elements are added. The configuration is also rich and practical. The positioning of medium-sized SUV also meets the needs of family travel. As long as the price of Pentium E01 is right, it can still reap a wave of sales.

○ Gaohe HiPhi X: cool door opening methods such as opening doors and spreading wings.

The new car is located in a medium and large SUV. From the design of the exterior interior, the originality of the new car is high. The biggest highlight of the car comes from its all-electric NT flapping door system. The six doors of the whole car can be combined into door opening modes such as door opening in pairs and wing opening. It is reported that the car has completely abandoned the traditional mechanical lock cylinder and created a contactless door opening method through the body control computing platform. The interior of Gaohe HiPhi X is also unconventional. The seats in the car are asymmetrical, the second row of seats are relatively independent, and equipped with electric leg rests and handrails to ensure the comfort of riding. The second row and front row seats are equipped with functions such as seat memory, heating, ventilation and backrest massage.

In terms of power, the official acceleration of the new car at 0-100km/h is 3.9 seconds, the drag coefficient of the whole car reaches 0.27Cd, and the cruising range is 610km. As a new force to build a car in the late stage, Gaohe HiPhi X is really embarrassed to make a sound without a gimmick. The door opening+gull wing door, the highly electronic structure of the whole car and various black technology configurations make it quite topical, and many people think it is the prototype of future travel tools. However, having said that, whether the final consumer recognizes it is the most critical, and whether it can lead the new wave of electric vehicles, let us wait and see.

● Heavy new energy vehicles in Hall E2: Qoros Milestone concept car, Roewe RX5EPPlus.

There are many China brands in Hall E2, among which Qoros, which has not been heard for a long time, has brought the latest concept car Milestone, and SAIC Roewe will have RX5EPPlus.

○ Qoros Milestone concept car: brand-new model, brand-new departure

The concept car named Milestone means "milestone". At present, it is still in a mysterious state, but from the preview, the concept car has created a sense of the future of the mecha, and the door opening method is also a sliding design, which is full of ceremony.

A few years ago, Qoros also launched a new energy concept car, but so far no mass production products have been launched. Now the new energy market is in full swing. I believe that the first new energy car of Qoros will meet us soon. As for this concept car, it is more about carrying the latest technology and future vision of Guanzhi, and it also represents a brand-new departure for Guanzhi. I hope that this time it will be phoenix nirvana and fly high.

○ Roewe RX5EPPlus: Providing more choices for consumers

Roewe launched the Roewe RX5 PLUS plug-in hybrid vehicle during the Beijing Auto Show. Positioning a compact SUV, it has a good mass base, and naturally there is nothing to say about its value. The most important thing is that it is equipped with the latest zebra VENUS system, with AI intelligent voice assistant, car home interconnection, long video playback, Alipay applet, day/night mode, children’s smart bracelet interconnection and other functions, and the configuration level is high.

The powertrain of the new car is composed of a 1.5T four-cylinder engine+a permanent magnet synchronous motor and an EDU intelligent electric drive gearbox. The comprehensive power of this powertrain is about 305 HP (224kW), and the comprehensive peak torque of the system is 480 N m.. The new car battery pack has a capacity of 11.1kWh, and the official cruising range of pure electricity is 70km. The positioning of the new car is relatively clear, and it is prepared for the younger generation of trendsetters and new families of three or four. Its listing gives consumers more choices and enriches Roewe’s product matrix in this market segment.

● Heavy new energy vehicles in E3 Hall: Audi Q4 e-tron concept car, Hongqi E-HS9, Great Wall cannon EV, Toyota brand-new Mirai.

There are many heavy new cars in the E3 Pavilion, which is highly competitive, from the concept of compact pure electric SUV Audi Q4 e-tron to the red flag E-HS9 of large pure electric SUV, to the electric pickup truck Great Wall cannon EV, and even the new Mirai of Toyota, a hydrogen fuel cell model.

○ Audi Q4 e-tron concept car: "Big Brother" is finally going to shoot.

Audi can be said to be a heavy blow in the field of new energy this time. The Audi Q4 e-tron concept car and the Audi e-tron Sportback are the first domestic appearances, while the domestic Audi e-tron is the first time to meet the public.

Audi Q4 e-tron concept car is Audi’s first electric vehicle built on MEB platform, and its overall size is between Audi Q3 and Q5. At present, the concept car is full of futuristic electric design language, and it also combines Audi’s classic family-style design elements such as hexagonal grille and headlight shape.

In fact, in the luxury electric vehicle market, consumers don’t have many choices. Even if Audi e-tron and Mercedes-Benz EQC are listed, there are still only a handful. With the continuous development of new energy supporting industries, consumers’ acceptance has deepened, and the pure electric vehicle market has gradually entered a mature stage. Luxury brands such as Audi are ready to start to exert their strength and deepen this market segment. At that time, the speed and strength of new products are believed to be not too bad. It seems that the "big brother" is finally going to shoot.

○ Red Flag E-HS9: The configuration is luxurious and powerful.

Hongqi E-HS9 will be unveiled at this auto show. This new car is positioned in a large pure electric SUV with 460km and 510km cruising range (NEDC standard) versions. The car follows the product concept of "Chinese New Noble Exquisiteness" and the design philosophy of "Shang Zhi Yi" of Hongqi, and it has a solemn feeling of not being angry and arrogant. The logo of the red flag above the front of the new car is the crowning touch, indicating its identity.

The configuration part is also in line with the positioning of the car, and the details are decorated with elements such as leather, solid wood, chrome plating and piano paint, which enhances the visual layering and advanced feeling. In terms of seats, the new car provides 18-way electric adjustable seats, and the second row of seats can support universal, heating, massage and semi-lying functions. As a large-scale pure electric SUV, Hongqi E-HS9 has few rivals in the market. The 2.8-meter gas field and luxurious interior atmosphere create its powerful momentum, and the intelligent configuration makes it more in line with the current trend of intelligent vehicles. Slightly different from other models, this car is more used to emphasize the brand tone and set a benchmark. As for the price that is close to the people, it can be ranked second for the time being.

○ Great Wall Gun EV: Tesla Cybertruck can’t wait until we have our own electric pickup truck.

"2020 Great Wall Gun"

Great Wall pickup truck will also bring a new energy vehicle-Great Wall Gun EV at this Beijing Auto Show, further enriching the product camp of Great Wall Gun. This model is equipped with coaxial integrated electronic drive axle, with motor power of 150kW, torque of 300N·m and cruising range of 405km.

As far as China is concerned, the market of pure electric pickups is relatively small, but it still has the advantages of low energy consumption cost and simple after-sales, which is also the reason why foreign consumers are enthusiastic about electric pickups. It is reported that the Great Wall pickup truck will release the globalization strategy, which means that the Great Wall Gun EV may be exported to other countries, which will accelerate the globalization process of the Great Wall Gun and provide a stepping stone for achieving brand advancement.

○ Toyota’s new generation Mirai: Hydrogenation for two minutes, continuing "life" for 100 kilometers.

Toyota’s new generation Mirai will be officially unveiled at the 2020 Beijing Auto Show. As a hydrogen fuel cell vehicle owned by Toyota, the concept version of the second-generation Toyota Mirai was officially launched at the Tokyo Motor Show in 2019, and the official production version of the car was officially released in early 2020, so it is not excluded that the concept version of Toyota Mirai will officially meet the public at this Beijing Auto Show.

The overall body shape of the new generation Mirai has changed greatly. The chassis from Lexus GS makes its body more slender, and the long front engine compartment cover is in sharp contrast with the sliding back shape and roof, giving the new car a unique visual effect. In terms of power, the new car will be equipped with a hydrogen fuel cell power system, and the official said that it will have a cruising range of more than 600km.

Due to various reasons such as supporting facilities, the new generation Mirai will not be listed in China in the short term, but its convenient way of replenishing energy still points out the direction for us to develop other types of new energy products, and we can also learn from some experiences. I believe that there will be more and more hydrogen fuel cell models in China in the coming year.

● Heavy new energy vehicles in Hall E4: Weimar Maven concept car and BEIJING RADIANCE concept car.

The heavy new cars in Hall E4 are all concept cars and all are pure electric cars, namely Maven concept car from Weimar and RADIANCE concept car from BEIJING brand.

○ Weimar Maven concept car: a chariot from the future

Weimar Maven concept car is a concept car released by Yunyun in May this year, and it is also the first pure electric car under Weimar Automobile. The appearance of the new car adopts a very avant-garde design language, NEDC cruising range will reach 800km, and it has L4-level automatic driving capability and 5G interconnection technology.

This is also Weimar’s third mass production model. Since Weimar’s previous models are SUVs and Maven’s concept is a pure electric car, the new car will be built on a brand-new platform. Judging from the current preview, this model has both models and models, and its concept is avant-garde. At present, the only question is, when will it be mass-produced?

○BEIJING RADIANCE concept car: the flagship electric car under the BEIJING brand.

Seen from the displayed side, the BEIJING RADIANCE concept car has smooth lines, and a chrome-plated decorative strip extends from the A-pillar to the C-pillar, which is very high-grade. The official said that it will use the design method of "mostly beautiful" to create its internal and external modeling. In addition, it will also be equipped with an L4-class autopilot system, with a pure electric cruising range of 800km.

After the release of BEIJING brand last year, BEIJING brand intends to integrate resources and prepare for a heavy attack. RADIANCE concept car must be a part of its series of actions, and it is also a concentrated display of the brand’s technology and brand power. As for what it looks like, please go to the scene to see it again.

● Heavy new energy vehicles in Hall W1: Lantiu’s first mass production concept car and Honda’s brand-new electric concept car.

The heavy new energy vehicles in Hall W1 are all in the concept car stage. Lantu’s first mass-produced concept car is of great significance to its brand-new brand, while Honda’s brand-new electric concept car is the world’s first appearance, and it is also a pure electric vehicle specially built for the China market.

○ Lantiu’s first mass production concept car: fierce and domineering appearance.

Lantu brand was officially announced in July this year, and it is a brand-new new energy brand under Dongfeng Motor Group. Lantu brand has planned 9 models, covering many market segments such as SUV and MPV. The first model is planned to be put into production in 2021, and this concept car is the conceptual version of the first production model.

The first new car has a strong inclination, especially the shape of the front and the lines on the cabin cover, which looks more fierce and domineering as a whole. The car is positioned as a pure electric SUV, and the current competition in this market segment has become fierce. In 2021, the competition in this market will be more exciting. It is really unknown whether it can gain a foothold and make a good shot for the brand.

○ Honda’s brand-new electric concept car: the first Honda brand pure electric concept car to be launched in China market in the future.

Honda, who is also in the same exhibition hall, is also taking the drastic route. This auto show of Honda brought the first Honda brand pure electric concept car to be put into the China market in the future. Although many netizens of the retro and lovely Honda E shouted "Buy as soon as you enter", Honda told us this time with a brand-new concept car that I just want to take the usual road.

●W2 Hall heavy new energy vehicles: Nissan Ariya, Ford Mustang Mach-E,

There are also many new cars in Hall W2. Nissan Ariya, Ford Mustang Mach-E and Polestar Polar Star Precept concept car are all new cars of great significance to the brand.

○ Nissan Ariya: a masterpiece with many years of technology.

Nissan brought a pure electric crossover SUV, Nissan Ariya, at the Beijing Auto Show. This new car also made its debut in China. According to the plan, Ariya will be sold in the Japanese market in mid-2021, and will be sold in Europe, North America and China in late 2021.

Nissan’s electric vehicles also have a broad mass base, and reliable battery technology and product strength have always been the trump card of the brand. Ariya, a new car, has brought a brand-new design concept, a more fashionable design and intelligent configuration, which gives people a surprise. The technical precipitation of electric vehicles produced by Nissan for so many years will also be displayed on this car, which is equipped with e-4ORCE dual-motor four-wheel drive control technology and two batteries with different capacities. Nissan will also build a new electric kingdom with Ariya as the new cornerstone.

○ Ford Mustang Mach-E: Can the electric Mustang shock you?

Although Ford Mustang Mach-E has been listed in overseas markets, it has never appeared in China. This Beijing Auto Show is an opportunity to show it. After being electrified, Mustang is ambitious and has launched many versions. The top GT long-life all-wheel drive version has a maximum power of 465Ps, a maximum torque of 830N·m and a cruising range of 370-480km under EPA conditions.

Judging from the core data, Mach-E has strong strength, long endurance and good dynamic performance, and is a new choice for staying at home instead of walking and occasional outing. China is the largest new energy market in the world at present, and the introduction of Mach-E is certain, so would you choose such a car with style, style and face?

●WHeavy new energy vehicles in Hall 3: Nezha V/Eureka 03, Cadillac LYRIQ, Lexus LF-30 concept car and Polestar polar star Precept concept car.

There are many heavy new energy vehicles in W3 Hall, mainly focusing on the contest between the new car-making forces and traditional luxury brands. Nezha Automobile brought Nezha V and Eureka 03 concept cars, while Cadillac has LYRIQ, Lexus LF-30 concept cars and Polestar polar star Precept concept cars for the first time in China.

○ Nezha V/ Eureka 03: Two new cars in, covering a wide range of market segments.

Nezha V is the third mass-produced model of Nezha Automobile, with the length, width and height of 4070/1690/1540mm respectively and the wheelbase of 2420mm, which is positioned in a small SUV. In terms of configuration, Nezha V will be equipped with 13.3-inch suspended central control panel, in-vehicle vital signs monitoring system, lane departure warning, forward collision warning and other configurations, and its NEDC comprehensive working condition cruising range is 401 kilometers, which is also a new car with target walking volume.

In addition, the Nezha Eureka 03 concept car will also be unveiled at the Beijing Auto Show, positioned as a coupe, and its production version is expected to be officially unveiled in 2021. So far, Nezha Auto has completed the product layout in the market segments of mini-electric vehicles, small electric SUVs and compact electric SUVs, and with this car, the product coverage of the models is wider. In terms of the speed of new car launch, Nezha can be said to be very fast, and the scale effect may be exerted, and the advantage of product cost performance may be more prominent.

○ Cadillac LYRIQ: the first pure electric vehicle product, which is forward-looking.

General Motors released a number of important information about new energy sources this year, such as a brand-new platform and battery system, which also indicates that the electrification pace of its major brands will make great strides forward. Cadillac will also make its debut at the Beijing Auto Show. The car was born on a pure electric platform and will be put into mass production in 2022.

At present, Cadillac has no mass-produced pure electric products. LYRIQ, as the "vanguard" of the brand attacking the pure electric market, has been placed great expectations. This can also be seen from the appearance, interior design and material configuration, keeping up with the trend of the times while retaining brand elements. It’s just that the production model will wait until after 2022, and interested friends need to wait patiently.

○ Lexus LF-30 Concept Car: Soldiers from the Future

Different from Cadillac LYRIQ, the concept car of Lexus is full of the feeling of the future cockpit. This time, the concept car of Lexus LF-30 is also unveiled in China for the first time. The "30" in the car name represents the 30th anniversary of the brand’s establishment. The exaggerated and sci-fi design is amazing. The internal cockpit is based on the concept of "Tazuna", and the steering wheel control button cooperates with the head-up display to realize simple and intuitive operation.

In terms of power, the new car adopts pure electric power system, which is driven by independent motors on wheels. The maximum power of the system is 400kW(544 HP), the peak torque is 700 Nm, and the 0-100km/h acceleration time is only 3.8 seconds. The design of this future-oriented concept car shows us that it is unlikely to be mass-produced, but this does not prevent us from enjoying it. If Lexus models are so sharp in the future, it will be an exciting thing.

○Polestar Polar Star Precept concept car: luxurious, restrained and classy.

At the 2020 Beijing Auto Show, Precept, a concept car owned by Polestar Polar Star, was officially unveiled. The car was also released on the online cloud. Although it is a concept car, it does not have many unconstrained designs, showing a very "restrained" design concept. If we can sum up this concept car in a few words, I think it should be cold, advanced and environmentally friendly.

As a brand-new brand, Polestar Polar Star has a relatively small popularity compared with traditional car companies, but it has not enough traffic impact compared with the new car-making forces. Although there are already two models on sale at present, the volume of sound on the consumer side is still a little small. In this era when the fragrance of wine is afraid of the depth of the alley, how to do a good job in marketing and successfully get out of the circle is the proposition of Polestar Polar Star in the future.

●W4 Hall’s heavy new energy vehicles: Volkswagen ID.4, LinkZERO CONCEPT

The new energy vehicles in the W4 Hall are all expected, and Volkswagen ID.4 ushered in the first launch, the first electric vehicle of the Lexus brand.LingkeZERO CONCEPT will also face the audience for the first time.

○ Volkswagen ID.4: The long-awaited new car, the world premiere.

Volkswagen ID series models will be launched one after another this year, and ID.4, which locates a compact pure electric SUV, will make its world debut at the Beijing Auto Show, and this model will also be mass-produced in SAIC Volkswagen/FAW-Volkswagen. It is reported that the new car will have two power versions, with a cruising range of 500 kilometers under the European WLTP test standard.

Although domestic SAIC-Volkswagen/FAW-Volkswagen have electric vehicle products for sale, none of them really started from electric vehicles and were born on pure electric platforms from the beginning of research and development, so ID.4 was placed with high hopes. The design of cross-border coupe SUV and the blessing of Volkswagen MEB platform make this new car attract great attention before it is listed, and the domestic ID.4 can also maintain a certain competitive advantage. Volkswagen estimates that it wants to focus on this car and make efforts in the electric vehicle market in the next few years.

○ LingkeZERO CONCEPT: the first electric car, young sports are about to tide.

When all major brands have launched electric vehicles, Lectra naturally cannot lag behind. During this Beijing Auto Show, Lectra’s first pure electric vehicle, ZERO CONCEPT, will be officially unveiled. Based on the brand-new SEA vast architecture, the car is positioned in a medium-sized car with a wheelbase of 2999mm and a cruising range of NEDC over 700km. The new car will be officially launched in 2021.

This new car will be the model that Lectra sets the benchmark for brand electric vehicles, and still continues Lectra’s family-oriented design style, iconic split headlights, slip-back design, sporty design elements and so on. In terms of trend and youthfulness, the Lexus brand has been doing well. It seems that Lexus wants to extend its advantages in this respect to electric vehicles, and consumers who are pursuing sports and fashion trends can pay attention to this model.

Full text summary:

As can be seen from this strategy, there are quite a few new energy vehicles at the Beijing Auto Show, and some characteristics are presented: all brands are actively promoting pure electric vehicles, and electrification transformation is imperative. The concept car representing the future design concept is not too unconstrained, and it is more a new car oriented to market sales. From the consumer’s point of view, these changes are all positive, with less gimmicks and more real new cars, which also shows that the new energy market, even the pure electric vehicle market, is becoming more and more mature and the competition is becoming more and more fierce. Who will become the new hegemon in the next decade is unknown. (Text/Figure car home Jiang Tianshuang)

　　Safe and auspicious.

　　In midsummer, Anji Yucun has green mountains and blue waters.

　　"Lucid waters and lush mountains are invaluable assets", at the entrance of the village, stands on the high stone tablet, and 10 red characters are still striking, welcoming visitors from all directions.

　　Visiting Yucun again, among the green mountains and green rivers, the scene 18 years ago is vivid.

　　"We used to talk about both green mountains and green hills and Jinshan Yinshan. In fact, Lucid waters and lush mountains are invaluable assets."

　　As an accompanying reporter of the then Supreme Leader of the Provincial Party Committee, I followed the Supreme Leader to Yucun for investigation, and had the honor to listen to the elaboration of the concept of "Lucid waters and lush mountains are invaluable assets".

　　A grass-roots investigation, which is the theme of democracy and the rule of law, has become a milestone in China’s ecological civilization and economic and social construction, and Zhejiang’s ecological civilization construction has also opened a new chapter from Yucun.

　　Eighteen years later, in August, along the clear Yucun River, Lotus Mountain drifted and laughed all over the valley, and tourists from farmhouses and homestays were crowded. The originally lazy summer was lined with vitality.

　　Scenes are the most vivid interpretation of the concept of "Lucid waters and lush mountains are invaluable assets" in rural practice.

　　one

　　The years have passed. Green is stirring the surging power of Zhijiang’s ecological civilization. Looking back, August 15th, 2005, is destined to go down in history.

　　Walking into the former site of the village committee, on the west side of the second floor, there is a simple conference room of about ten square meters, with a round table and wooden chairs for ten people in the center, and a row of open steel folding chairs on each side, which still retains the appearance of 18 years ago.

　　The hourglass of memory is like the tide gushing out instantly — —

　　That afternoon, Yucun, at the crossroads of transformation, welcomed the supreme leader comrade.

　　In the narrow conference room, the supreme leader comrades sat down and talked with everyone.

　　"The grassroots comrades in the village and town will talk first and speak freely, and the comrades in the county can supplement them." The supreme leader comrade forgot to wipe the sweat, so Bao Xinmin, then secretary of the Party branch of Yucun, spoke first.

　　Bao Xinmin didn’t expect the secretary of the provincial party committee to be so easy-going, and his tense nerves immediately relaxed. He began to introduce the construction of democracy and the rule of law in Yucun and report on the economic development of Yucun.

　　"The village has just closed the mine and cement plant and started to re-green and re-cultivate." When Bao Xinmin said this, the Supreme Leader immediately asked with concern: "What will the villagers’ income depend on in the future?"

　　The high wind of economic development has blown this land, and it has also raised a lot of smoke and dust. Once Yucun, how rich it was, how painful it was.

　　Since the 1970s and 1980s, Yucun people have been mining, quarrying and running cement plants, but their pockets are bulging, but the air is poor, the bamboo forest is yellow and the bamboo shoots are small. The villagers are afraid to open the window, have nowhere to dry their clothes, and even worry that their family members who go out to mine may never come back … …

　　"In the past year, the village collective economic income of several million yuan was only 200,000 yuan, and the villagers had nowhere to work." Bao Xinmin’s voice is a little low, and he seems a little embarrassed. "We are also trying to find a way. Several families in the village have also run farmhouses, and their income is not bad. It seems that in the future, they will rely on eco-tourism and farmhouses to eat green hills."

　　"This is a brilliant move." Hearing this, the supreme leader comrade said.

　　"Since to ‘ Ecological county ’ Always do something and don’t do something, not everything. Don’t promote economic growth at the expense of the environment, because such growth is not development. On the other hand, in order to leave the best and most precious things for us, we have to do something, or even sacrifice some growth rates, that is, we have to give up some high-energy industries that seriously pollute the environment … … Be sure not to think about taking the old road and being obsessed with the development model of the past. " The supreme leader comrade impromptu said these words to the comrades present, "Lucid waters and lush mountains are invaluable assets. In the past, we talked about both green mountains and green hills and Jinshan Yinshan. In fact, Lucid waters and lush mountains are invaluable assets. "

　　Lucid waters and lush mountains are invaluable assets! Refreshing and philosophical.

　　This statement, which I wrote in the interview book, was even remembered in my heart, and it also profoundly influenced the development of Zhejiang and even China.

　　"Don’t take the environment as the cost" is the historical responsibility of "the country is the biggest" and is also a profound reflection on the law of economic and social development.

　　Nine days later, the supreme leader comrade published the article "Green Mountains and Green Mountains are also Jinshan Yinshan" in the column of "Zhijiang Xinyu" in Zhejiang Daily, pointing out that "if these ecological environment advantages can be transformed into eco-economic advantages such as eco-agriculture, eco-industry and eco-tourism, then green mountains and green mountains will become Jinshan Yinshan".

　　In March 2006, the Supreme Leader wrote an article in the column "Zhijiang Xinyu", explaining the three stages of people’s understanding of the relationship between green mountains and green hills and Jinshan Yinshan: the first stage is to exchange green mountains and green hills for Jinshan Yinshan; The second stage is to have Jinshan Yinshan, but also to keep the green mountains and green hills; The third stage is to realize that green mountains and green hills can bring Jinshan Yinshan continuously, and green mountains and green hills themselves are Jinshan Yinshan.

　　What kind of development path should we take? What kind of development do you pursue?

　　Economic development and environmental protection are unified, and ecological advantages are transformed into economic advantages. Explanations in simple terms explain the truth and point out the direction again and again.

　　two

　　For the present, for the eternal.

　　No great idea is born out of thin air, let alone out of thin air.

　　The concept of "Lucid waters and lush mountains are invaluable assets" was formally put forward in Anji, which embodies the painstaking efforts of the supreme leader comrades in extensive and in-depth investigation and research, is based on the profound understanding of the situation in Zhejiang Province and the thoughtful ideological achievements, and is full of the ideological glory of materialist dialectics.

　　In the 21st century, with the rapid development of reform and opening up, Zhejiang’s total economic output has leapt to the forefront of the country, but the environmental pressure brought by extensive development cannot be ignored.

　　How does ecological advantage become economic advantage?

　　In October, 2002, soon after the Supreme Leader arrived in Zhejiang, he started intensive research and began to plan the construction of an ecological province.

　　I still remember that he arranged research every week. Just over two months after he took office, he visited all 11 prefecture-level cities in Zhejiang Province, and in the following year, his footprint spread all over 90 counties (cities, districts) in the province.

　　One mountain, one water, one branch and one leaf, I am worried about my heart and I am here. Set out against the morning sun, return home in the night, and seek the "source of living water" with insight.

　　As early as November 25, 2002, the supreme leader comrade said in the investigation of Lishui Jingning: "‘ Lishui ’ The original meaning of "green hills and beautiful scenery" means that your ecological advantage is obvious. This advantage must be protected. Don’t exchange some economic benefits at the expense of the environment, otherwise you will definitely regret it. "

　　More than a month later, in Quzhou, a mountainous city, the supreme leader earnestly exhorted that "Quzhou has ecological advantages and advantages of traditional agricultural products" and "we should adhere to the green orientation and develop ecological agriculture".

　　Grass-roots investigation and in-depth study again and again are deeply concerned about the people’s beautiful living environment and attach great importance to the ecological environment and strategic foresight.

　　Ecological prosperity leads to civilized prosperity, while ecological decline leads to civilized decline.

　　From the "Eighth Five-Year Strategy", it is put forward that "Zhejiang should further develop its ecological advantages, create an ecological province, and build a ‘ Green Zhejiang ’ " As mentioned in the column "Zhijiang Xinyu" entitled "Achieving a win-win situation for economic development and ecological construction", the construction of an ecological province is to pursue the harmonious coexistence between man and nature, that is, to achieve a win-win situation for economic development and ecological construction … …

　　According to the blueprint for the construction of an ecological province drawn by the supreme leader, Zhejiang took the lead in opening the Chinese-style modern provincial practice of harmonious coexistence between man and nature, and took the lead in exploring a green and high-quality development path.

　　"Yucun’s achievements now prove that the path of green development is correct, and we must stick to it if we choose the right path." After a lapse of 15 years, on March 30, 2020, General Secretary of the Supreme Leader said emotionally when he revisited Yucun.

　　The sky is drizzling and the village is covered with green. Along the greenway, the appearance of the village in front of us made the Supreme Leader General Secretary sigh with emotion, "This time it is completely different. The construction of beautiful countryside in Yucun has become a reality … …”

　　This is a green answer sheet that practices the concept of "Lucid waters and lush mountains are invaluable assets", and it is also a happy answer sheet written into people’s hearts.

　　In the past 18 years, five village party secretaries in Yucun have been working one after another, striding forward according to the road guided by the concept of "Lucid waters and lush mountains are invaluable assets".

　　"At that time, I was fortunate enough to participate in the discussion and sat in the back row." Pan Wenge, who later served as secretary of the Party branch of Yucun, was a member of the "two committees" of the village. While recalling the visit of the Supreme Leader to Yucun on August 15th, 2005, he looked through his diary.

　　On that day, Pan Wenge recorded three pages in his diary. It can be said that this diary also witnessed the whole process of putting forward the concept of "Lucid waters and lush mountains are invaluable assets". "Yucun in transition feels unprecedented ‘ The pain of cutting the skin ’ But the words of the supreme leader comrade made us suddenly enlightened and changed the fate of Yucun! " Pan Wenge said.

　　Time flies, mountains and rivers take on a new look. In the past, Yucun "the mountain was bald and the water became soy sauce soup", but now "people walking in Yucun are Traveling in a pictorial world".

　　Wang Yucheng, the current party branch secretary of Yucun, is a native of Yucun. He was less than 20 years old after 1985, but "Lucid waters and lush mountains are invaluable assets" took root in his heart very early.

　　"In the past 18 years, in accordance with the direction of the General Secretary, we have unswervingly changed the mountain to eat mountains." Wang Yucheng said that the village set up a "two mountains" tourism company, built a mine ruins park, and read the "Mountain Word Classic". In 2022, the collective economic income of Yucun Village reached 13.05 million yuan, and the per capita income of villagers reached 64,863 yuan.

　　The concept of "Lucid waters and lush mountains are invaluable assets" conforms to the people’s expectations for a better life, and bears the deep feelings of "all for the people".

　　three

　　The long river of history flows endlessly, and the great power of thought leads the voyage.

　　Make green mountains and green hills more beautiful and Jinshan Yinshan bigger! Earnestly entrust, into firm action, one after another "village" in the butterfly.

　　People live up to the castle peak, and the castle peak will live up to people.

　　Ecological beauty, strong economy and rich people! A modern version of "Fuchun Shan Jutu" is slowly unfolding in the land of Zhejiang — —

　　By the end of 2022, the coverage rate of beautiful countryside in Zhejiang has reached 93%, and 42 national demonstration zones for ecological civilization construction and 12 "Lucid waters and lush mountains are invaluable assets" practice and innovation bases have been established, ranking first in the country. There are 36 county-level two-mountain cooperatives, with 111 development projects, which have led to over 1,000 village collectives, and the cumulative income of village collectives has exceeded 500 million yuan; The public satisfaction of the ecological environment in the province has been improved for 11 consecutive years, achieving two "national firsts" … …

　　Where does the happiness of ordinary people come from?

　　As an important birthplace of the supreme leader’s ecological civilization thought, the birthplace of the concept of "Lucid waters and lush mountains are invaluable assets" and the first place to practice, Zhejiang answered with practice: the environment is people’s livelihood, the green hills are beautiful, and the blue sky is also happy.

　　This road, Zhejiang people are more and more determined. Green water and green hills have become the happy backers of the people, and green has become the most moving color of Zhejiang’s development.

　　I remember that in 2020, at the National People’s Congress and the National People’s Congress, the Zhejiang delegation submitted the "Proposal on Establishing the National Ecological Civilization Day on August 15th" to the National People’s Congress for the first time in the name of the delegation. As a reporter accompanying the Zhejiang delegation, I personally witnessed and first reported this moment.

　　In June this year, the Third Session of the 14th the National People’s Congress Standing Committee (NPCSC) voted to designate August 15th as the National Ecological Day. Since then, the construction of beautiful China has a stronger guarantee of the rule of law.

　　Green water and green mountains reflect the light of thought and respond to the questions of the times.

　　In July this year, at the National Eco-environmental Protection Conference, General Secretary of the Supreme Leader once again emphasized the concept of "two mountains": "Firmly establish and practice the concept of Lucid waters and lush mountains are invaluable assets, and put the construction of beautiful China in a prominent position in the construction of a strong country and national rejuvenation … …”

　　From the construction of Zhejiang Eco-province to the construction of beautiful China, thoughts cross the times and illuminate the way forward.

　　The concept of "Lucid waters and lush mountains are invaluable assets" has led profound changes in the vast land of China; The supreme leader’s thought of ecological civilization is deeply rooted in people’s hearts, which has laid a solid ecological foundation for Chinese modernization and contributed to the global ecological civilization construction.

　　The rivers are surging and the mountains are green. From the coast of the East China Sea to the banks of the Qianjiang River, from the bustling city to beautiful countryside, a new modern chapter of harmonious coexistence between man and nature continues wonderfully in Zhejiang and China. (Zhou Weinan)

　　BEIJING, Feb. 15 (Xinhua)-Liang Tao, vice chairman of China Banking and Insurance Regulatory Commission, said on the 15th that China Banking and Insurance Regulatory Commission will increase its support for small and micro private enterprises in trouble. Focusing on the overall requirements of increment, expansion, price reduction and quality improvement, we will ensure that the overall credit growth of small and micro enterprises is not affected by the epidemic.

　　Data Map: Bank of China Insurance Regulatory Commission. China News Service reporter Jia Tianyong photo

　　The State Council held a press conference on the morning of 15th to deal with the joint prevention and control mechanism of pneumonia in novel coronavirus. A reporter asked: What policies or measures are there to support the enterprises that are greatly affected by the epidemic? What support measures are there for enterprises in non-key areas of epidemic prevention and control?

　　Liang Tao responded that since the outbreak of the epidemic, banking institutions have provided differentiated, targeted and preferential financial services to areas, industries and enterprises greatly affected by the epidemic, and given strong support through credit restructuring and reduction of overdue interest according to specific conditions, instead of blindly lending, cutting off loans and pressing loans. Many banks have introduced policies to reduce loan interest and waive relevant fees, especially to give great support to key enterprises in epidemic prevention and control. Recently, China Banking and Insurance Regulatory Commission has carried out serious research on the impact of the epidemic, and has also made good policy reserves. Some new measures will be introduced in the near future, not only for key industries affected by the epidemic, but also for various enterprises in various industries.

　　Liang Tao said that the next step is to do a good job in four aspects.

　　First, increase support for small and micro private enterprises trapped. The first is to focus on the overall requirements of increment, expansion, price reduction and quality improvement to ensure that the overall credit growth of small and micro enterprises is not affected by the epidemic. The second is to strive for the comprehensive financing cost of loans for inclusive small and micro enterprises this year to continue to decline on the basis of 2019. The third is to focus on the changes in financing needs of small and micro enterprises to cope with the epidemic and rationally optimize and simplify business processes. The fourth is to renew the loan more accurately. Everyone is more concerned about renewing loans and alleviating the liquidity pressure of trapped small and micro enterprises. Fifth, according to the needs of the epidemic, we should further implement the relevant systems of risk management and due diligence and exemption, and improve the enthusiasm of grassroots for lending. This issue is very important, and it will push the head office of the bank to moderately increase the tolerance of non-performing loans for branches seriously affected by the epidemic.

　　The second is to increase the credit guarantee and investment for the resumption of work and production in key areas. Guide financial institutions to further increase credit support for enterprises to resume work and production, further increase the proportion of enterprise credit loans and medium and long-term loans, and keep financing costs at a reasonable level. We will reasonably increase the loan support of working capital for the capital demand of purchasing raw materials and equipment that enterprises may face when they resume work and production. It is necessary to guide institutions to play the baton of performance appraisal, consider incorporating the support for the resumption of production in key areas such as manufacturing, small and micro enterprises and private enterprises into the evaluation index system in an appropriate way, or rationally adjust the evaluation weight to stimulate the enthusiasm of grassroots outlets and front-line business personnel.

　　The third is to accelerate the construction of a number of key projects. First of all, we should give better play to the countercyclical adjustment function of policy finance, speed up the pace of credit supply, reasonably increase the scale of RMB loans and bonds issued by policy financial institutions in 2020, optimize the regional credit structure, focus on major projects in key areas, and speed up the credit supply for a number of major projects. Second, study and use the recovered special construction funds to support major areas such as manufacturing, increase the intensity of new investment projects, and actively supply funds for projects under construction.

　　Fourth, efforts should be made to stabilize residents’ consumption and accelerate the release of potential demand. Urge banking institutions to take the initiative to accept the financial needs of services such as wholesale and retail, accommodation and catering, cultural tourism, transportation and logistics that are seriously affected by the epidemic, develop exclusive credit products, promote the upgrading and expansion of service consumption, expand the consumption of physical goods, enhance the scalability and convenience of services, and accelerate the release of new consumption potential.

　　In response to a reporter’s question, Xuan Changneng, deputy director of the foreign exchange bureau, said that the current epidemic prevention and control has entered a critical stage. According to the decision-making and deployment of the CPC Central Committee and the State Council, the joint prevention and control mechanism of the State Council has put forward clear requirements for effectively strengthening scientific epidemic prevention and control and doing a good job of enterprises’ resumption of work and production in an orderly manner. The foreign exchange bureau system will do a good job with a high sense of responsibility and mission, and provide strong support for enterprises to resume work and production and restore social and economic order.

　　First, open up a "green channel" for foreign exchange business, and efficiently and conveniently serve enterprises to resume work and production. For the overstocked trade and investment activities affected by the epidemic, the import and export of key materials needed by enterprises in the process of resuming production, and various foreign exchange businesses involved in expanding the supply of key epidemic prevention materials production and circulation enterprises, the foreign exchange bureau will guide banks to handle special affairs and emergencies quickly, simplify the handling procedures, speed up the handling, support the resumption of trade and investment activities as soon as possible, and strengthen support for Hubei and key industries and enterprises.

　　Second, we will speed up the implementation of the 12 trade and investment facilitation measures adopted by the the State Council Standing Committee, including six cross-border trade facilitation measures, such as expanding the pilot of trade foreign exchange receipts and payments, simplifying the procedures of goods receipts and payments of small and micro cross-border e-commerce enterprises, and optimizing the reporting methods of goods foreign exchange business, as well as six cross-border investment and financing facilitation measures, such as expanding the pilot of capital account income payment, reforming the registration and management of foreign debts of enterprises, and canceling the limit on the number of foreign exchange accounts opened in capital accounts. From the actual effect, since the introduction of these facilitation measures, the time and labor costs for enterprises to handle related businesses have been greatly reduced, cross-border trade investment and financing have become more convenient, the business environment has been further optimized, and trade investment and the development of the real economy have benefited. In the next step, combined with the current epidemic situation and the actual needs of returning to work and production, we will continue to accelerate the implementation of 12 facilitation measures, and focus on doing a good job in industries and enterprises seriously affected by the epidemic, especially private enterprises and small and medium-sized enterprises.

　　Third, supported by technical means, it is convenient for small and medium-sized enterprises to invest and finance cross-border trade and foreign exchange settlement. On the one hand, strengthen the construction of cross-border financial blockchain service platform to alleviate the financing difficulties and expensive financing problems of SMEs. In March last year, the foreign exchange bureau began the pilot work of the cross-border financial blockchain service platform. As of February 3 this year, the pilot scope has been expanded to 22 provinces, autonomous regions and municipalities, and more than 170 corporate banks have joined independently. The platform has completed financing and lending of 15.9 billion US dollars, and there are nearly 2,500 service enterprises, of which SMEs account for 75%. Since the Spring Festival holiday, the platform has completed a total of 171 financing loans with more than 200 million US dollars and 87 service enterprises. In particular, Hubei was included in the pilot platform in January this year, and foreign-related enterprises, especially small and medium-sized enterprises, under Hubei’s jurisdiction will also enjoy more preferential and convenient conditions in terms of financial and credit support such as export trade financing. On the other hand, we will continue to simplify the procedures of goods trade receipts and payments of small and micro cross-border e-commerce enterprises, further facilitate cross-border electronic commerce settlement, guide banks and payment institutions to provide electronic payment services under current account for market entities based on transaction electronic information, further facilitate cross-border e-commerce trade settlement of small and medium-sized enterprises, and improve the efficiency of fund settlement of small and medium-sized enterprises.

　　The fourth is to optimize foreign exchange business and handle convenience measures. The operation process of "Online Handling System for Government Affairs Services of the State Administration of Foreign Exchange" was issued to facilitate the public to handle foreign exchange administrative licensing through online channels.