After the "Iron Triangle" was broken, Country Garden added variables to the new journey of 300 billion yuan.

undefined

Real Estate Line 1 (house_163) Liang Shuang originated from Guangzhou.

At the beginning of the new year, new recruitsCountry Garden, a "300 billion real estate enterprise", issued a heavy personnel appointment and dismissal announcement.

According to Country GardenonemoonfourThe announcement on the evening of the day, there arefourA board member will be appointed this year.fourmoononeWu Jianbin, executive director and chief financial officer, and Huang Xiao, independent non-executive director.2People will resign, and the executive directors are Qu Xueming and Su Rubo.2People are retired. Country Garden Board from21Reduce people to17People.

amongCFOWu Jianbin’s resignation announced that the "Iron Triangle" lineup of Country Garden’s "Sanbin" was broken. The iteration of senior management team and the adjustment of strategy and corporate structure are the first changes that Country Garden will face when it enters the "post-300 billion" era.

One person is missing from "Sanbin"

He is the achievement of Country Garden in the past three years.An important contributor to the "geometric" growth

In this list of executives, the most striking thing is that54Wu Jianbin, aged 20, resigned because he planned to devote more time to his personal interests (photography and writing). The day of his resignation coincided with the third anniversary of joining Country Garden.

Before joining Country Garden, Wu Jianbin had already worked in China Construction and China Shipping System.30Years. He became a pawn in China Shipping Group.eightHe was the chief financial officer in 2000, and later served as the managing director and deputy general manager of China Shipping Group and the chairman of China Shipping Investment Corporation, and was the core decision-maker of China Shipping. After working in Country Garden, Wu Jianbin, together with Mo Bin, president and Zhu Rongbin, co-president of China Construction Department, were regarded as the "iron triangle" of Country Garden’s professional manager team. Among them, one of Wu’s important tasks was to bring the financing advantages of China Shipping, a central enterprise, to Country Garden, a private enterprise.

The timing for Wu Jianbin to join Country Garden is that the annual sales of Country Garden are fromfour hundredStep by step into the scale of 100 million yuan1000The first year after 100 million yuan. Known as the "dark horse", this new 100 billion housing enterprise thought that Wu would "enhance Country Garden’s financial and fund management capabilities and risk control capabilities at home and abroad, and lead the company to a new height."

Wu Jianbin has more than30Years of financial work experience, good at dancing in the capital market, once claimed to be able to use all the financing tools themselves. He once raised hundreds of billions of yuan for the company during the rapid development of China Shipping, and made great contributions. China Shipping Real Estate, which is listed in Hong Kong, is famous for its low financing cost and "making money". Wu Jianbin once said, "The success of China Shipping Group benefits from making full use of the capital market."

One thing can prove Wu Jianbin’s influence in the capital market.2014yearthreemoon19Country Garden announced the news that Wu Qiqin, the chief financial officer at that time, resigned for personal reasons. In the afternoon, Country Garden’s share price plummeted.19%; That yearfourmoon2Country Garden announced that Wu Jianbin was the chief financial officer and executive director of the company, and the company’s share price rose sharply that day.8.4%.

On the first day of Country Garden’s appointment, Wu Jianbin drew a net loan ratio for Country Garden.70%The "red line" has been maintained to this day;

Only one month after his new job, he completed the total for the company through public offering and private offering.eight100 million yuan of financing was used to replace the high-interest old debt, which saved at least one year for Country Garden at that time.1.16Interest expense of 100 million yuan;

2015In, Wu Jianbin has reduced the average financing cost of Country Garden from7%The above control to7%Left and right,2016Further decline to6%Up and down;

ExperiencedthreeIn the financial crisis, he attached great importance to cash flow and introduced "cash ratio" to Country Garden.10%"This principle serves as a" safety valve "and requires an annual rate of return ofthirty percentOnly the project can be invested.

Wu Jianbin, who has always regarded cost reduction as an important management method in his bones, has made Country Garden’s finance and even the company’s strategy adjust from the inside out. On the one hand, he pushed the company’s business model backward financially, and on the other hand, he established a stable and positive image for Country Garden in the capital market, and was good at optimizing Country Garden’s financial strength by using public offering, private placement, corporate bonds, domestic and overseas debt issuance and other channels.

It can be said that the scale of Country Garden is fromIn the three years from "100 billion" to "300 billion", the "balance" between scale and capital is particularly critical.CFOThe role played by Wu Jianbin cannot be ignored.

In the past three years, the performance of Country Garden has been realized."Geometric" growth, as well as the "partner" system created during Wu Jianbin’s tenure. At the headquarters of the Group, President Mo Bin, co-presidents Zhu Rongbin, Wu Jianbin and Vice President Wu Bijun in charge of finance initiated the establishment of "Win-Win Investment Management Co., Ltd." with a partnership term offiveYears. Wu Jianbin once said that the follow-up investment system "is the most important management innovation and change of Country Garden in recent years, which makes the core management personnel become the shareholders of the project company". by2016yearsixmoon30Day, Country Garden has existed.319This project introduces the partner mechanism,151The cumulative contract sales of the projects opened for sale reached RMB.1004100 million yuan.

Not everything is under Wu Jianbin’s control, such as the overspending of the land purchase budget.2015In, Country Garden’s land acquisition strategy changed from "deeply ploughing the third and fourth lines" to "embracing the first and second lines" and began to expand its land reserves. In this year, Country Garden took one plot of land every two days on average, and spent the whole year buying land.559.5One hundred million yuan, of which the total cost of the company’s equity is426.6100 million yuan, more than set at the beginning of the year.200100 million yuan was seriously overspent by more than 100%, and there was also a "land withdrawal incident" in Beijing during this period.2016In, Country Garden’s land expansion intensified, with an average of one new project added every day, which was spent in the first half of the year.472.3100 million yuan, set at the beginning of the year.500The annual budget of 100 million yuan is only one step away.

In his third year in office, Wu Jianbin is still working hard to solve one of Country Garden’s troubles: obviously, the company’s fundamentals are very good, and the sales scale continues to advance on the platform of 100 billion yuan, but the stock price just can’t be expressed.

Under the leadership of Wu, Country Garden from2016yearonemooneightAnnounced the implementation of the share repurchase plan,2016Accumulated share repurchases in the whole year are about8.6Billion shares, accounting for the issued share capital when the ordinary resolution is passed.3.85%, the company’s share price from2016yearonemoon29diurnal2.823Yuan Dynasty (1206-1368)/Share rise to2016yeartwelvemoon30diurnal4.34Yuan Dynasty (1206-1368)/Shares, up more than50%.

2015yearfourIn May, China Ping An became the "second shareholder" of Country Garden, which gave Country Garden a background of insurance capital in the capital market.

Country Garden has been hoping to spin off property, education, hotels and other businesses in recent years.AThe listing of shares, as well as the layout of the insurance industry, has also become an important work of Wu Jianbin. Current propertyIPOThe plan has been accepted by the Stock Exchange and is being queued; Country garden is at2015There was news of the acquisition of Daxin Life Insurance in, and it was newly borrowed that year.160100 million yuan of perpetual debt, and then the acquisition was fruitful, and it took Wu Jianbin half a year to pay off the perpetual debt; There is no new news about the listing of education and hotels.

"Only people have the world."

Country Garden’s board of directors has changed, at least inoneIt started a month ago.

2016In, the sales scale of Vanke, Evergrande and Country Garden broke through.3000The threshold of 100 million yuan. Real estate giants are facing the same new task, that is, from scale expansion to market value management.

At present, Vanke’sThe "Octopus" experiment makes the enterprise gradually become a production and investment platform, with the goal of pointing to a trillion scale; "Stock God" Evergrande ambitiously collects various financial licenses and proposes to2020Annual total assets exceedthreeTrillion; Country Garden chose to take the road of combining industry and finance, building cities overseas and towns at home. The industry once "secretly passed" Country Garden to2Enter the trillion-dollar era during the year.

No matter the real estate giants rush toWhich way "Trillion" chooses, we must use the important tool of capital market. On the new journey of Country Garden, how much energy will the new CFO and the finance committee after the change of blood exert?

Wu Jianbin is currently the executive director of Country Garden, the chairman of the Finance Committee, the chief financial officer, the agent who accepts the service of legal process on behalf of Country Garden in Hong Kong, and the authorized representative of the company under the rules of the Hong Kong Stock Exchange. After his resignation, the position of CFO will be held by Wu Bijun, vice president of the group and general manager of the financial fund center, and she will also become the new chairman of the Country Garden Finance Committee; The agent and authorized representative of the company in Hong Kong is Zuo Ying, vice president of the Finance Center.

Country garden’s new appointmentCFOWu Bijun this year43Years old, in2014yearfourSince June, he has served as vice president of Country Garden and general manager of Country Garden Finance Center. self2005Since 2000, she has been responsible for the financial operation of Country Garden Group and owns10Years of experience in real estate financial asset management and abouttwentyYears of financial management experience.

The Finance Committee of Country Garden has also changed blood because of Wu Jianbin’s departure. Country Garden stipulates that the members of the Finance Committee includethreeTwo executive directors serving as vice chairman, president and chief financial officer respectively, andthreeA financial center executive. The Finance Committee has two major powers. First, the amount of approval shall not exceedthreeA loan project or financing guarantee of US$ 100 million, and the second is that the approved amount does not exceed.oneBillion-dollar equity acquisition, current investment or acquisition, etc.

At present, the Finance CommitteethreeThe executive directors are Vice Chairman Yang Huiyan, President Mo Bin,CFOAfter Wu Jianbin and Wu Jianbin leave, another executive director, Yang Guoqiang’s nephew Yang Zhicheng, will fill the vacancy, and the executive director seat in the Committee will still be.threePeople. It is worth noting that the chairman of the Finance Committee will be newly appointed.CFOWu Bijun, but she is not a member of the board of directors at present, which does not meet the requirements of Country Garden that "the chairman of the Finance Committee must be an executive director". It is speculated that Country Garden’s senior management team may be further adjusted.

As early as six months ago, it was reported in the industry that Wu Jianbin would leave, and I believe Country Garden is also prepared for this. In fact, there are other personnel changes at the board level of Country Garden, which have already appeared a month ago.2016yeartwelveMonths,38Chen Tai was appointed as a non-executive director and entered the board of directors for the first time. His other identity is the son-in-law of Yang Guoqiang, chairman of Country Garden, and the husband of Yang Huiyan, vice-chairman and actual controller of the company. Chen Tai entered Country Garden as soon as he graduated. He watched Country Garden go from unlisted private enterprise to 300 billion at present. He also served as the director of the listing office when Country Garden went public. At present, he is the special assistant to the chairman of the board of directors of Country Garden Group and the chairman of Chuangyuan Investment Co., Ltd. in Shunde District, Foshan City. He is a young veteran of the group.

The other two retired directors, District Xueming and Su Rubo, are both90S with Yang Guoqiang "jiangshan" figure. As of2016yearsixmoon30District Xueming and Su Rubo held Country Garden’s issued share capital respectively through companies and individuals.3.46%3.35%.

Country Garden did not explain too much about the departure of board members, but stressed that the scale of the company has come up, and there will definitely be some adjustments in the follow-up, including strategy and corporate structure.

"More outstanding talents are the focus, and some people have the world!" Yang Guoqiang, Chairman of Country Garden Group,2017In the New Year’s Day speech in 2008, every sentence was inseparable from the concept of talent, and it was proposed that "people with ability should take on more important jobs".

existAt the starting point of the new journey of "after 300 billion", Country Garden will need more "ruthless roles".

Should AI write papers on behalf of others?

  Xinhua News Agency, Beijing, June 21st 

  Xinhua News Agency "Xinhua Viewpoint" reporters Li Shuangxi, Li Wei and Xie Ying

  Recently, it is the peak period for college students to submit course papers, defend and review their graduation thesis. A survey by Xinhua Viewpoint reporter found that some college students are quietly using AI (artificial intelligence) writing software such as ChatGPT to write papers, or using AI to assist paper writing, such as listing outlines, polishing language and reducing repetition rate.

  Will AI writing software encourage academic fraud? Should I care?

  AI software to write papers

  Cheng Guangyu (pseudonym), a junior in a university in Beijing, will hand in four course papers this semester, each of which is required to be about 3,000 words. Cheng Guangyu didn’t spend time reading literature, sorting out, extracting and writing. He stayed up all night before handing in his homework and finished his paper with ChatGPT.

  "At first, I was worried about whether I could finish it. As a result, I gave ChatGPT a general direction, and it listed the outline of the paper and automatically continued to write, which was much better than me." Cheng Guangyu finished four papers in one night, and submitted them to the teacher after simple revision.

  According to the investigation in some colleges and universities, some college students use ChatGPT to complete course assignments, final papers and even undergraduate or master’s thesis. "The threshold for undergraduate graduation thesis is low, and I have no scientific research ability. Many people’s undergraduate papers are extracted and pieced together online, and it is more convenient to hand them over to artificial intelligence now. " Qiao Yifan (a pseudonym), a senior student at a university in Wuhan, said.

  AI writing software can be used in all aspects of paper writing, from outlining and writing some contents to polishing language and reducing repetition rate. However, a college student who has used AI writing software in a university in Hunan Province thinks that the effect of modifying and polishing articles with AI software is not bad, but it is not appropriate to use it for substantive research and elaboration of innovative ideas.

  The reporter found that AI writing software similar to ChatGPT is not uncommon in China. For example, Zhichuang helps AI, the secret tower writes cats, draws pictures and writes quickly, etc., and generally supports the writing of articles and papers. In addition, there are many articles teaching how to write papers with AI software on websites such as Zhihu and Xiaohongshu. In the experience sharing, some netizens said: "The teacher can’t see it at all", "Praise the AI ? ? paper for being well written" and "gave me excellent papers".

  During the interview, some college teachers also found the characteristics of AI papers. When examining an undergraduate’s thesis, a teacher majoring in international politics in a university in Jilin Province found that his thesis on Japanese culture was biased, with blunt and lengthy language and empty content. Under the teacher’s questioning, the students admitted that the paper was written in ChatGPT.

  In addition, some papers written with AI software are full of mistakes. "If you check it carefully, you will find that the links of the cited papers can’t be opened, the author’s name can’t be searched, the publication time, journals, pages, SCI divisions and other contents of the papers are all false, and even some historical events involved are out of thin air." He Shiming, an associate professor at the School of Computer and Communication Engineering of Changsha University of Science and Technology, said.

  "Help scientific research" or "encourage cheating"?

  Can ChatGPT be used to assist thesis writing? Many college teachers are controversial about this, including those who support users, those who resolutely oppose it and those who demand that it is strictly prohibited.

  It is understood that some foreign universities have explicitly issued regulations prohibiting the use of ChatGPT to write papers. In China, academic journals such as Journal of Jinan (Philosophy and Social Sciences Edition) and Journal of Tianjin Normal University (Basic Education Edition) have successively issued explanations on the use of artificial intelligence writing tools, indicating that if the author uses relevant tools in his paper creation, he should explain the degree of use in detail in his article.

  For research purposes, Yang Zhiping, a professor of Marxism at Northeast Normal University, tried to use AI writing software. He found that in order for AI to provide correct ideas, it is necessary to constantly "feed" the corpus to AI. In the questions and answers with AI, the original vague research ideas gradually became clear. "It’s like exchanging ideas with an expert with encyclopedic knowledge. Through the collision of ideas, new academic viewpoints can be inspired." Yang Zhiping said.

  "AI writing software is just like search tools such as Google and Baidu. When it first appeared, it always caused people’s panic." Yao Yuchun, dean of the Institute of Social Sciences of Jilin University, said, but fundamentally, AI writing software is still a tool. It is a product of science and technology and needs to be treated dialectically. If students only use it for limited purposes, such as searching documents, listing outlines, sorting out ideas, etc., it is understandable and cannot be banned.

  Fu Weidong, a professor at the Department of Artificial Intelligence Education of Huazhong Normal University, believes that both manual writing and AI writing should be regarded as academic misconduct as long as they exceed the prescribed repetition rate according to the existing academic paper norms. In addition, AI writing is based on the retrieval and processing of existing knowledge. Repetition of sentences or plagiarism of ideas is inevitable, which will inevitably involve disputes over intellectual property rights and portrait rights, and should be strictly regulated.

  A college teacher in Hunan province is worried that if students are allowed to use AI to write, it will not be conducive to cultivating students’ scientific research ability. In the long run, it is easy for students to develop inertia and form a bad academic atmosphere.

  In addition, the information security problems that may be caused by AI software have also attracted attention. Li Huilai, a professor at the School of Artificial Intelligence of Jilin University, said that some countries in Europe wanted to "block" ChatGPT because of data security problems, because there was a hidden danger of "collecting, using and disclosing personal information without consent" when it grabbed data. Li Huilai pointed out that when domestic students use ChatGPT, it may lead to the abuse of domestic scientific research results, and there are data security risks.

  Actively respond to the academic challenges brought by AI technology

  Some industry experts believe that, like search tools, as a technology, the popularization and application of AI is irresistible. The application standards of AI writing tools should be formulated as soon as possible to standardize the scope of use; At the same time, change the traditional evaluation mechanism of students in colleges and universities, and provide AI writing detection tools for researchers. In addition, it is necessary to strengthen independent research and development in the field of artificial intelligence and master core technologies.

  Xiong Bingqi, president of 21st Century Education Research Institute, believes that it is difficult to ban AI writing software, and we should try to "keep the devil in a bottle" and make clear the scope and degree of use of AI writing tools. "It is better to face up to it than to avoid it. Colleges and universities can even offer public courses using AI writing tools, and clearly teach students the norms, methods and academic ethics. "

  He Shiming believes that the duplicate checking software used in colleges and universities has been difficult to cope with AI writing. At present, universities and academic journals lack special software to detect AI writing, and it is inevitable to "hang a leak" only by human eye recognition. It is hoped that relevant domestic institutions will develop software to identify AI writing, and provide a safer and more reliable anti-academic fraud system for colleges and universities.

  In order to avoid the influence of AI writing, some foreign universities are reducing the open homework after class, and putting more emphasis on classroom homework, handwritten papers, group work and oral test.

  Xie Di, an associate professor at the School of Public Administration of Hubei University, suggested that the education department should pay more attention to students’ problem consciousness, observe, understand and analyze the society’s nature, and increase the proportion of content with substance such as experiments and investigations, rather than overemphasizing the form.

  ChatGPT has powerful functions and may bring a new scientific and technological revolution. Li Huilai believes that domestic research and development of artificial intelligence should be strengthened. At present, some domestic companies are also developing similar products, but they are still in the initial stage and cannot form strong competition with ChatGPT.

  "It is necessary to use the window period to accelerate the development of Chinese AI applications and AI paper detection systems, and strengthen the independent research and development of artificial intelligence core technologies." Fu Weidong said.

Our province issued a "seven no" leading cadres to handle weddings, funerals and celebrations must fill in the report form.


  Leading cadres will be punished for handling weddings, funerals and celebrations in violation of regulations. The Provincial Supervision Department of the Provincial Commission for Discipline Inspection recently issued the "Interim Provisions on the Matters of Leading Cadres Handling Weddings, Funerals and Festivities", requiring leading cadres to take the lead in implementing the relevant provisions of the central and provincial committees on honesty in politics and strict economy, taking the lead in honesty and self-discipline, consciously resisting the unhealthy atmosphere of holding weddings, funerals and celebrations, and playing an exemplary role in forming a frugal style for the whole society.

  The "Regulations" clarify that when leading cadres organize or participate in organizing their own and their close relatives’ weddings and funerals, housewarming, taking up new jobs, going abroad, celebrating birthdays, entering higher schools, opening ceremonies, etc., they are not allowed to have the following seven behaviors: taking advantage of their powers or positions, doing big things, extravagance and waste, taking the opportunity to collect money, or doing big things in disguise in batches and in multiple places for the same reason; Accepting cash, articles, securities and payment vouchers from management clients and other units and individuals that are related to the exercise of their functions and powers or may affect the fair execution of official duties; Reimbursement of expenses that should be borne by individuals for handling weddings, funerals and celebrations with public funds or in disguised form; Illegal use of official vehicles and occupation of other public resources; Affecting normal official activities, working order of organs and traffic order; Organize activities that affect social public order, endanger social public safety and other public order and good customs; Other acts that violate the rules of honesty and self-discipline.

  Leading cadres should hand over gifts and other property that cannot be declined and returned in accordance with the regulations in matters such as weddings, funerals and celebrations, and should be handed over to the organization for handling in accordance with relevant regulations.

  The "Regulations" clarify that leading cadres should report matters such as weddings, funerals and celebrations five working days in advance, in which funeral matters can be reported orally first, and reporting procedures can be completed within 10 days afterwards. When reporting on matters such as weddings, funerals and celebrations, leading cadres shall truthfully fill out the Report Form on Matters such as weddings, funerals and celebrations organized by leading cadres and sign a letter of commitment on honesty. The contents of the report include: the reason, time, place, the scope and number of participants and other information that needs to be explained. City (state), county (city, district) Party committee secretary shall submit a written report to the principal responsible person of the Party committee at the next higher level and report it to the discipline inspection and supervision organ at the next higher level for the record; Other leading cadres shall, after making a written report to the person responsible for building a clean and honest government, report to the discipline inspection and supervision institution (inspector) of their unit for the record. If there is a discipline inspection and supervision institution stationed (out), they shall also report to the discipline inspection and supervision institution stationed (out) for the record.

  Leading cadres who violate the relevant requirements of the Regulations, and fail to report on time, report truthfully or conceal it without justifiable reasons, will be criticized, educated, organized or disciplined according to relevant regulations, depending on the seriousness of the case; Anyone suspected of violating the law and committing a crime shall be investigated for legal responsibility according to law. The "Regulations" propose that discipline inspection and supervision organs at all levels strictly supervise the issue of discipline. Check and verify the reports of leading cadres; Smooth reporting channels, and seriously investigate and deal with issues such as weddings, funerals and celebrations of leading cadres in violation of regulations; Inform the exposure of typical cases by name. The leading cadres referred to in the Regulations include: Party organs, people’s congresses, administrative organs, CPPCC organs, judicial organs and procuratorial organs at or above the county (department) level (including non-leadership positions); People’s organizations and institutions are equivalent to leading cadres at or above the county (department) level (including non-leadership positions).

  Leaders of state-owned or state-holding enterprises and their branches, heads of departments in directly under the authority, judicial organs and procuratorial organs of counties (cities, districts), heads of townships (streets) and heads of grass-roots stations shall refer to the Regulations. (Reporter Liu Chunhua)

New Year’s Eve train tickets are on sale today. Passengers should be alert to these ticket traps!

  Beijing, Jan 6 (Reporter Zhang Ni) From the 6th, the train tickets for New Year’s Eve (February 4) in Spring Festival travel rush in 2019 will be officially put on sale. With the "white-hot" of Spring Festival travel rush’s ticket-grabbing war, the phenomenon of "second light" appears in the train tickets of many popular routes. Many passengers hope for a variety of ticket grabbing artifacts and acceleration packages, but some "traps" for ticket grabbing need to be vigilant.

"Data Map: December 25, 2018, Xi 'an North Station. <a

  Data map: December 25, 2018, Xi’ an North Station. China News Service reporter Bird photo

  Popular routes are hard to get a ticket.

  According to the data from China Railway Corporation, during the period of Spring Festival travel rush in 2019, the national railways are expected to send 413.3 million passengers, an increase of 31.76 million passengers year-on-year, with an average of 10.33 million passengers per day, setting a new record in Spring Festival travel rush.

  In addition, the students’ tide and the returning tide overlap, which makes the return tickets in Spring Festival travel rush more tight this year than in previous years.

  A few days ago, the reporter logged on the 12306 website to inquire about the ticket sales information, and found that the return tickets of many popular routes before the holiday were "one ticket is hard to find".

  As of 17: 00 on January 5th, on February 3rd (the 29th day of the twelfth lunar month), only two of the 39 trains from Beijing to Changchun had a small number of tickets left, and the G-prefix, D-prefix and Z-prefix train tickets were all sold out.

  Train tickets from Beijing to Jinan are also in demand. On February 3, there were only two trains and a small number of tickets left, and the arrival time was late at night or early the next morning.

Some tickets include acceleration packages by default.

  Grab the ticket carefully and mistakenly enter the "pit"

  Pit 1:The hidden option of ticketing software makes people spend more money.

  Many passengers who use the ticketing software to buy tickets will find that the actual payment for their own train tickets is higher than that for official website. This is mainly because when passengers buy tickets, some ticketing software has the default check of the acceleration package.

  Although the acceleration package can be cancelled by default, because its displayed position is very hidden, passengers will ignore it carelessly, resulting in people who don’t need the acceleration package service spending more money.

The ticketing software indicates that power can improve the "probability of grabbing tickets"

  Pit 2: Buy acceleration package &ne; Can buy tickets

  Spring Festival travel rush train tickets are hard to buy. Many people hope to pay for the accelerated package, but it turns out that the accelerated package can’t guarantee 100% tickets.

  In fact, the principle of the ticketing software is to use enterprise-class bandwidth or multiple accounts to repeatedly query the remaining tickets, and to use technical means to submit orders instead of users. Its order placing speed is higher than that of manual ticket purchase, but whether or not you can buy tickets depends on the ticketing situation of 12306, and you don’t have the priority to buy tickets.

  Therefore, the "probability of grabbing tickets" is only a probability in the final analysis. You may not be able to buy tickets if you buy an acceleration package.

Passengers queue up at the ticket hall of Shanghai Railway Station to buy tickets. (Profile photo) Photo by Yin Liqin

  Pit 3: Personal information is leaked.

  Passengers must provide their real name, ID number, mobile phone number and other personal information when purchasing tickets through the ticketing software, and the ticketing software platform has the obligation to keep the personal information of the passengers strictly confidential.

  Even so, it is still impossible to rule out the situation that the platform staff disclose the personal information of passengers for personal gain. Once information is used by criminals, it may become a tool for others to scalping tickets or engage in other illegal activities.

  Moreover, it is difficult for passengers to know that such personal information is leaked, which makes it difficult to defend rights.

"Data Map: On March 12, 2018, passengers entered the station at Kunming Railway Station. <a

  Data Map: On March 12, 2018, passengers entered the station at Kunming Railway Station. China News Service reporter Liu Yuyang photo

  "Alternate ticket purchase" is more reliable

  This year, passengers who need to snap up Spring Festival travel rush train tickets may wish to try the new "standby ticketing service" function of the railway department.

  During the period of Spring Festival travel rush in 2019, the railway department selected some long-distance sections of trains with tight capacity, and launched the "standby ticket purchase service" function on the 12306 website (including mobile phone client). Its speed and success rate will be better than the ticketing software, and no extra fees will be charged.

  Each user can submit one standby order, select two adjacent boarding dates and reserve three tickets. Among them, Beijing, Shanghai, Nanjing, Hangzhou, Guangdong and other places will start before the holiday, Sichuan and Chongqing will eventually arrive, and Sichuan and Chongqing will start after the holiday. All trains that arrive in Beijing, Shanghai, Nanjing, Hangzhou and Guangdong will open alternate ticket purchase pilots.

  It should be reminded that two adjacent boarding dates can be selected in the same standby order (the same origin and destination area, and the stations can be different), and each boarding date can contain at most two different combinations of "trains+seats", so each user can add at most four standby requirements, that is, "ticket purchasing combinations" with four different dates, trains and seats.

Data Map: Passengers queue up to buy tickets in the ticket hall of Shanghai Railway Station. Yin Liqin

  Don’t forget the five opportunities for missing.

  Don’t worry if you don’t grab the ticket at the first time when the ticket is on sale. Passengers still have five opportunities to "miss":

  1. After 30 minutes of sale, if any passenger fails to pay in time, the ticket will be returned to the system for sale.

  2, 15 days before driving, is the peak of refund.

  3. The system will release some remaining tickets 48 hours and 24 hours before driving.

  4. Generally, 22: 00 to 23: 00 is the peak of refund.

  5. Each stop station has a certain proportion of allocated tickets. If there are any unsold tickets, the remaining tickets will be sold again the day before driving. (End)

Listed company Yabaite’s performance fraud: the fictitious cross-border big bill of 1 billion yuan is from a 20-square-meter store

CCTV News:Recently, the CSRC investigated and dealt with a cross-border financial fraud case of a listed company, which not only bought and sold its own building materials, but also faked transnational business. Moreover, I also want to take advantage of the "One Belt, One Road" east wind to make fake business in Pakistan. However, after cross-border investigation by the regulatory authorities, participating in Pakistan’s projects is completely false, and the company has lied in the annual report.

In August, 2015, Yabate successfully went public by backdoor. The annual report of that year showed that Yabate’s income from the urban rapid transit line project with Multan, Pakistan exceeded 200 million yuan, accounting for 21.8% of the total annual sales. The transnational business of such a large order makes Yabate’s annual report "sparkling". However, the investigators found that this income was problematic.

Investigators of CSRC:As far as the capital chain is concerned, after our investigation, the payback of Yabate mainly comes from the company controlled by Yabate itself, and there are other companies in China, which are not transferred by the Pakistani side at all.

It is understood that the owner of Multan project in Pakistan is Multan Development Agency, with a total investment of more than 350 million US dollars. However, the Multan Development Agency has not cooperated with Yabate at all, and the income mentioned in the annual report is completely false.

Investigators of CSRC:The investigation found that Abbott did not participate in the construction of this project at all. It found an overseas company to forge a false construction contract, but the contract was never fulfilled.

In order to lie, Yabate also directed and performed a "good play" of exporting building materials to Pakistan.

Investigators of CSRC:In the process of building this project, Yabate exported a batch of building materials overseas, and their company claimed that these building materials were used for the construction of this bus station in Multan, Pakistan. However, after our investigation, we found that these building materials were not actually shipped to Pakistan, but were imported back through a third-party company, which achieved the illusion that a fictitious overseas project was under construction in this way.

The CSRC once asked the company and relevant intermediaries to go to Multan to verify the project, but the relevant personnel of Yabate have never been to Multan, Pakistan, and the photos of the construction site are all fake.

73% profit fraud of Yabate

The biggest gain in the annual report turned out to be fraud, and Yabate Company is indeed courageous. However, the investigators found that in addition to counterfeiting this large transnational bill, Abbott had even more bizarre lies.

In 2015, Yabaite transferred the funds to its affiliated companies such as Shanghai Yuanpan and Shanghai Xuanyi by means of false procurement, and then transferred the funds back in the name of sales money through customers such as Shanghai Gui Liang and Shanghai Jiuren, so as to build a capital cycle and forge a "real" capital flow.

In the same year, Yabate forged false export contracts for building materials with overseas companies, transported the goods declared for export to Angola to Hong Kong, and then imported the goods back to China by its affiliated companies.

Investigators of CSRC:He transferred the money from domestic companies to the customs in the form of international trade, and then transferred the money back to China from the customs in the form of import, in this way to forge a real fund.

It is confirmed that from 2015 to September 2016, Yabate inflated its operating income by about 580 million yuan and inflated its profit by nearly 260 million yuan through fictitious overseas engineering projects, fictitious international trade and domestic trade, among which inflated profit in 2015 accounted for about 73% of the total profit for the current period.

Exclusive exposure of 1 billion yuan of fake accounts from 20 square meters stores.

In 2015, 73% of Yabaite’s profits were false. Yabaite worked hard to falsify its performance. Why?

It is understood that Yabaite is willing to make fraud, which is related to performance gambling.

Investigators of CSRC:First of all, in order to fulfill the performance promise and increase the income falsely, this is his purpose. Because he has made a commitment to the performance in 2015, 2016 and 2017, he must meet certain standards, otherwise he will use shares to make compensation.

Investigators found that Yabaite’s fraud cost was extremely low, and hundreds of millions of dollars of bills were actually completed in a 20-square-meter cabin in Shanghai. During the investigation, the inspectors found that there was only one accountant and one assistant who didn’t understand accounting in this shop, but they managed the capital flow of six major suppliers and four billing companies of Yabate.

Investigators of CSRC:The financial personnel of these six major suppliers and four accounting companies have only one financial manager, He Mou, and then he has an assistant, who is not a financial person and does not know much about accounting, but the capital flow in 2015 has reached nearly 1 billion.

In order to falsify, Yabate used more than 50 companies in 7 countries and regions to transfer funds, more than 100 bank accounts, and often transferred funds through bank bills and third-party payments, with complicated channels. In order to verify these account information, inspectors have almost traveled to all major banks in Shanghai.

Resist the investigation of the suspect’s "hurricane" acting skills

As the case became clear step by step, the investigators began to inquire about the relevant personnel of Yabaite, but they encountered unexpected things.

Investigators of CSRC:At that time, when we investigated Abbott, we found that many of its bookkeeping companies and suppliers were shell companies, so we asked Abbott to provide the contact information of suppliers to the CSRC, and Abbott has been shirking. After our repeated urging, they gave us the contact information of Han, a company called Yixun New Energy’s actual control.

Investigators immediately asked Han about the business development of Xunxun New Energy. Contact found that Han was actually a "smoke bomb" placed by Yabate to "fool" investigators and delay time.

Investigators of CSRC:In the case of our pressing step by step, he just couldn’t get the lie round, and then he struck a table with us, saying that the business of shining new energy was his privacy, and the China Securities Regulatory Commission had no right to investigate him.

Through the smoke bomb, the investigators finally found the core personnel of the case.

Investigators of CSRC:When our staff were investigating and collecting evidence, a man with dark skin suddenly came. When he saw that we were retrieving the document from the computer, he immediately turned off the switch of the shop. He told us that this was their privacy and our CSRC had no right to retrieve it. Then, after asking, we found out that he was the one who participated in the fraud.

Li is a key role. Li is the vice president of Yabate and the president of the key account division in the internal address book of Yabate, and conducts business as an employee of Yabate, but actually has no formal labor contract relationship with Yabate. At the same time, he is the controller of seven Yabaite suppliers, including Shanghai Xuanyi. Through Li’s manipulation of the upstream and downstream companies of Yabate, the investigators found that the fictitious trade between Yabate and these companies was nested and extremely complicated.

Overseas investigation creates new efficiency of supervision.

In order to avoid the investigation, Yabate chose to lie abroad. I thought it was a lie, and the CSRC could not reach that far. But they didn’t expect that the CSRC used the big trick of cross-border investigation.

Because Yabaite’s fraud involves cross-border trade, involving Pakistani, Singaporean, American and other places, it received a request from the China Securities Regulatory Commission, and the local securities regulatory commission gave strong assistance, and mastered the core evidence within one month, which greatly increased the efficiency of the case process and achieved remarkable results.

Investigators of CSRC:The construction site and the performance site of the project are all overseas. Yabate may consider that the China Securities Regulatory Commission may not have the strength to conduct this investigation and can go to Pakistan to investigate. However, in recent years, China Securities Regulatory Commission has signed memorandums with securities regulators in more than 60 major countries and regions around the world, and we can seek the help of these regulators through international investigation.

Multi-pronged anti-counterfeiting by CSRC in progress

It is understood that the Yabaite fraud case is the first batch of special enforcement actions of the CSRC in 2017, which refers to the financial fraud of listed companies that the market hates. Such cases are characterized by large-scale fraud, hidden fraud methods, systematic fraud, obvious cross-border trend and many anti-investigation methods, which are extremely harmful to the market.

Yabate’s financial fraud case is the first cross-border manipulation case of Shanghai-Hong Kong Stock Connect &mdash; &mdash; After Tang Hanbo’s market manipulation case, the CSRC investigated another cross-border illegal case. At the end of last year, relying on the law enforcement cooperation mechanism of Shanghai-Hong Kong Stock Connect, the Tang Han case was successfully uncovered, ensuring the smooth progress of the interconnection of the capital markets of the two places.

The CSRC said that it will further strengthen criminal law enforcement cooperation with public security and judicial organs; Continue to strengthen the front-line supervision function of the exchange, and continue to severely investigate and deal with financial fraud of listed companies. Once verified, they will be thoroughly investigated.

Sogou Intelligent Co-driver supports full voice interaction to accompany the owner to drive safely.

Nowadays, driving in mobile navigation has become a standard, but do you know that driving in mobile navigation is illegal? Not long ago, Mr. Jiang received such a ticket: he set the mobile navigation route while driving and was photographed by the camera on the road. As a result, he was fined 2 points and 200 yuan!

  There are indeed hidden dangers in watching mobile phones while driving. In order to attract everyone’s attention, the state has also formulated relevant regulations. According to Article 62 of the Regulations for the Implementation of the Road Traffic Safety Law, driving a motor vehicle is not allowed to make or receive hand-held phone calls, watch TV and other behaviors that hinder safe driving.

  However, with the large-scale construction of the city and the increasingly complex road conditions, it is really difficult to navigate without the help of mobile phone maps unless you are familiar with the route you often take and have a bad sense of direction when going to other places. Moreover, changing destinations and finding nearby addresses on the way also require map navigation to help solve them.

  Driving and operating navigation can’t have both. How to break this pain point? Today, with the development of Internet technology, you can use a mobile phone map that supports voice interaction to "lead the way". Sogou Map Intelligent Co-driver can use voice to interact with each other all the time, and supports a variety of in-vehicle scene dialogues, including voice to check the location and initiate navigation, voice to set the route, voice to ask the road conditions, voice to set the passing points, etc. Voice to search along the way, voice to check the surroundings and voice to operate the map can be easily realized.

  Open the mobile phone map of sogou, click the voice wake-up option in the upper right corner, and say "Hello, Wang Zi! "Four words can wake up the voice assistant to start a voice conversation with sogou Intelligent Co-driver, and you don’t need to start work. You can give instructions while driving. As long as you say where you want to go, sogou Map Intelligent Co-pilot can immediately understand and help you plan your travel route.

  It is worth mentioning that sogou Map Intelligent Co-driver can realize minute-by-minute response, which can accurately identify and analyze the route, query the location, or avoid congestion, and give feedback quickly, even if the environment inside the car is noisy, the user’s instructions can be heard clearly!

  Driving requires concentration to reduce external interference, so voice is the most reasonable way of interaction in driving scenarios. Sogou Map Intelligent Co-driver supports multi-round voice interactive navigation in the whole process, which completely liberates the driver’s hands and eyes, is more humanized, facilitates people to travel, and enables drivers to be more efficient and focused.

Geely entered the radar brand of pickup truck to seize the new blue ocean of "electric+outdoor"

  Economic Observer Network reporter Pu Zhenyu Intern Zhang Qian With the relaxation of restrictions on pickup trucks entering the city in various parts of China, and the emerging outdoor lifestyle coincides with pickup truck culture, "pickup truck fever" is becoming a unique phenomenon in the current automobile market. More and more pickup truck companies have joined in, and Geely Holding Group is one of them. The new brand radar car built by the group is aimed at the new field of electric pickup trucks.

  On November 9th, Radar Auto held a press conference in Hangzhou, announcing the official launch of the first pure electric platform pickup radar RD6 in China. As the first product under the radar, the radar RD6 is positioned as a passenger vehicle with diversified lifestyles based on the concept of "new energy+diversified outdoor". It is understood that Radar RD6 has launched four models: Sailing Edition, Maker Edition, Yuexiang Edition and Yueye Edition, with the prices of 178,800 yuan, 198,800 yuan, 228,800 yuan and 268,800 yuan respectively.

  Compared with other established pickup truck companies in China, Radar is a rookie. However, due to the domestic consumption environment of pickup trucks and other reasons, the use scenarios of traditional pickup trucks are limited, either carrying goods or moving, and it is only in the past two years that they have entered the life scene. There are even fewer pickup trucks driven by new energy. What the radar car wants to do is to try to upgrade the pickup truck’s previous functions of taking care of goods and tools into a new experience of outdoor multi-scenes, and promote the pickup truck to evolve in the direction of lifestyle consumer goods.

  According to the research on the development trend and policy suggestions of pickup truck industry jointly issued by China Automobile Association and National Information Center, it is predicted that the demand side of pickup truck products will be released in large quantities under the premise of steadily lifting the ban on pickup truck entering the city, and the domestic demand of pickup truck market will reach more than 1 million vehicles by 2030. Coupled with export demand, the total sales volume of pickup trucks is expected to reach about 2 million by 2030.

  At present, the domestic pickup truck market presents a monopoly situation, and the Great Wall pickup truck will also be the enemy of radar vehicles. According to the data of China Automobile Association, in 2021, the sales volume of pickup trucks in China reached 554,000, of which the sales volume of Great Wall pickup trucks exceeded 233,000, ranking first in domestic and export sales for 24 consecutive years. According to the latest data of the Federation, the cumulative sales volume of Great Wall Motor from January to October in 2022 was close to 160,000 vehicles, which opened the gap of more than 100,000 vehicles with the second place () and was far ahead among pickup truck manufacturers.

  The Great Wall Cannon pickup truck under the Great Wall is the leader of domestic passenger pickup trucks. The Great Wall Cannon brand has a wide range of models, covering multiple market segments, and has made great achievements in promoting the outdoor and refitting culture of pickup trucks.

  The radar car took a different approach and chose a new energy track. At present, domestic new energy vehicles are gradually shifting from "policy-driven" to "market-driven". According to the data of the Federation, the domestic retail penetration rate of new energy vehicles reached 30.2% in October, up 11 percentage points year-on-year. In this context, the new energy pickup market is also expected to usher in development opportunities.

  Li Donghui, CEO of Geely Holding Group, said, "The birth of radar new energy pickups has created a brand-new category of native pure electric pickups. This is based on the accumulation of Geely Holding Group in the past few years. This is a decision of forward-looking layout, accumulation and development, and taking advantage of the trend. "

  Li Donghui pointed out that on the basis of maintaining the independence of radar brand positioning, governance structure and development strategy, Geely Holding Group will provide all-round support in technology research and development, intelligent manufacturing, quality management, channel service, supply chain coordination and personnel training, and continue to help radar develop in high quality.

  Like radar, there are other pickup truck companies that extend their reach to the market segment of electric pickup trucks. However, electric pickup truck models have long had some product pain points, such as limited off-road capability, doubtful outdoor charging and discharging safety, and low energy replenishment efficiency. These factors make it difficult to popularize outdoor scene models such as electric pickup trucks and electric off-road vehicles on a large scale. And radar focusing on new energy and outdoor, can it break through this situation?

  One advantage of radar is that it is backed by Geely Automobile Group. Geely started as a passenger car business, and it naturally has the thinking of a passenger car when it enters the pickup truck field, which is different from the commercial vehicle origin of most pickup truck companies. The comfort, safety and intelligence of passenger pickup trucks are also easier for a passenger car company to play.

  According to reports, as the first seed model of radar car, RD6 is built on the first native pure electric platform M.A.P in China, and it has the first domestic electric expansion dock consisting of 6kW driving discharge and travel space to meet various demand scenarios.

  In terms of battery life and energy replenishment, the radar RD6 uses high-energy density Ni55 batteries, which can achieve a maximum battery life of 632km. At the same time, it also creates a "trinity" service system of multi-level service network+multidimensional technical support+multi-terminal communication and a "home-on-the-road-emergency" full-scene energy replenishment system.

  As a model that focuses on outdoor travel scenes, loading capacity is also very important. Radar RD6 has 1200 liters of outdoor space, 70 liters of luggage space and 48 liters of expensive storage space in the back seat, and its comprehensive loading capacity is better than that of its peers.

  In terms of intelligence, the radar RD6 car is equipped with the Galaxy OS intelligent networking system developed by Geely, which provides a high-standard solution from three aspects: remote control, interaction and ecology, supports OTA online upgrade and various intelligent function settings, and can open the whole scene intelligent voice interaction when voice wakes up.

  The arrival of radar brand symbolizes that the domestic pickup truck market has entered the competitive era of category innovation, which is also the inevitable result of the pickup truck market gradually moving from niche to mass. As an experimenter of brand-new categories, Radar Auto has planned a number of follow-up products. After RD6, it will also launch medium-sized pure electric pickups, medium-sized and large-sized new energy pickups, full-size pure electric pickups, full-size new energy off-road vehicles, pure electric all-terrain vehicles, and so on.

Exploring domestic large aircraft: from Yun -10 to C919, realize the blue sky dream step by step.

  On May 5, 2017, 101 aircraft of C919 large passenger plane successfully made their first flight. Photo courtesy of China Commercial Aircraft Corporation

  The cockpit of Yun -10 aircraft. Our reporter Zhang Pengyu photo

  The production line of ARJ21 in Dachang Base of COMAC General Assembly Manufacturing Center in China is very busy. Photo by Zhang Haifeng

  C919 first aircraft group. Photo courtesy of China Commercial Aircraft Corporation

  The ARJ21 aircraft conducted a cold test flight in Hailar, Inner Mongolia. Photo courtesy of China Commercial Aircraft Corporation

  On May 5, 2017, people with big plane dreams came to a small slope outside the fourth runway of Shanghai Pudong International Airport early, waiting for the exciting moment. On this day, it was the first flight day of C919, a large jet passenger plane independently developed by China, and the small earth slope outside the runway was affectionately called "Wangjiupo".

  With the roar of the engine, the first C919 large passenger plane, piloted by captain Cai Jun and co-pilot Wu Xin, took off from the fourth runway of Pudong International Airport at 14: 00, rushed into the sky, and landed successfully 79 minutes later. After nine years of scientific research, numerous tests and technical debugging, there is once again the shadow of domestic large aircraft in the blue sky, which indicates that China has entered the ranks of a few countries with the ability to develop large passenger aircraft.

  Now, more than two years have passed. What’s the progress of airworthiness certification of C919 passenger plane? When can Chinese get on a large domestic plane? Recently, the reporter came to China Commercial Aircraft Co., Ltd. for a field visit.

  Yun -10: Leaving an innovative gene is an attempt to commercialize domestic aircraft.

  Arriving at the Pudong base of China Comac Shanghai Aircraft Manufacturing Co., Ltd., I saw a large plane with a white fuselage and several blue and white stripes sleeping peacefully on the lawn of the industrial park, with a bright red flag on its tail. This unique large passenger plane in the world soared in the blue sky of China more than 30 years ago, and its name was Yun -10.

  Boarding the Yun -10 plane, the reporter was shocked by the industrial level at that time. The throttle lever, pedals, various instrument panels and indicator lights in the cockpit are reasonably arranged and fully functional. In addition to the seats for the main driver, the co-pilot and the pilot, there is also a seat for the mechanic. When the aircraft breaks down in flight, the mechanic can go down to the inside of the aircraft from the passage next to the seat for maintenance. When you come to the cockpit, the passenger seat is no different from the common big plane now, except that the distance between the front and back of the seat is larger, the ride experience is more comfortable, and there is an ashtray on the armrest.

  In August 1970, with the approval of Comrade Zhou Enlai, the state agreed that the report on trial production of transport aircraft in Shanghai should be centralized by the Ministry of Aviation Industry. The mission name is "Project 708" and the aircraft code is "Yun -10". According to statistics, at that time, more than 300 factories, research institutes and universities in 21 provinces, autonomous regions and municipalities participated in the development of Yun -10 aircraft.

  On September 26th, 1980, Yun -10 successfully made its first flight in Shanghai. Subsequently, Yun 10 flew all over the country, reaching 10 cities, including Beijing, Harbin, Urumqi, Guangzhou, Kunming, Chengdu, Hefei and Zhengzhou. The longest time for a single flight was 4 hours and 39 minutes, and it completed a scientific test flight that flew over 3,600 kilometers in 3 hours and 42 minutes. Its performance and use characteristics fully met the design requirements. Yun -10 also flew over the Himalayas to Tibet seven times, transporting more than 40 tons of urgently needed materials for Xizang Autonomous Region.

  Although the Yun -10 aircraft project was not officially put into commercial use for various reasons, the Yun-10 spirit of "independence, strong cooperation, selfless dedication and continuous innovation" has been passed down from generation to generation by large aircraft people.

  Next to the lawn where Yun -10 plane docked, there stands a sculpture engraved with the four characters "Never give up", which is a solemn promise from the heart of the big plane people and the earnest expectation of hundreds of millions of people for the early commercialization of domestic big planes.

  Time has entered the new century. In February 2000, the state decided to support the production of domestic civil aircraft and accelerate the development of regional air transport. In June, 2002, the State Development Planning Commission issued a document officially approving the establishment of the new regional aircraft project. The result is a new turbofan regional plane that has soared in the blue sky of China today &mdash; &mdash; Arj21 (advanced regional jet for 21st century) means advanced jet regional aircraft in the 21st century. ARJ21-700 is its basic model, and it is the first time that China has developed and produced regional aircraft in strict accordance with the internationally accepted regulations on aviation airworthiness management.

  ARJ21: Delivered the 21st aircraft, accumulating valuable experience for the civil aircraft industry.

  Not long ago, on November 29th, Comac China delivered the 21st ARJ21-700 aircraft to its customers. Talking about the differences between civil airliners and other aircraft, Ye Chao, deputy director of ARJ21 Division of China Comac Shanghai Aircraft Manufacturing Co., Ltd., has a lot to say: "The independent development of a jet regional aircraft needs to go through the processes of design, trial production, test flight, evidence collection, production, etc. This is not all. To make the aircraft truly commercialized, it must be tested by the market. If the requirements of airlines cannot be met, the cost performance ratio is low, and the experience of drivers, flight attendants and passengers is poor, the mission of the aircraft will not be truly completed. "

  In the process of design and development, the ARJ21-700 aircraft has fully considered the number of seats, comfort and the needs of the aviation market in western China. Compared with similar aircraft, the cabin of ARJ21-700 aircraft has a higher and wider cabin, the cabin height is more than 2 meters, reaching the same cabin comfort as that of narrow-body aircraft, and the cabin height is close to 1 meter, which can provide more luggage space for passengers. The economy of the aircraft is also more prominent, and the engine fuel consumption is low. In order to adapt to the complex geographical environment in the west of China, the ARJ21-700 aircraft pays attention to take-off and climb performance in design, and can take off and land in a short distance, which has a strong advantage in the adaptability of western routes and western airports.

  Although customers’ needs were fully considered in the design and manufacture, when facing the customer representatives seriously, Comac found that there were many details to be perfected. Because, from "product" to "commodity", the difference is not just one word, but also thousands of times of self-improvement and continuous collision with customers.

  In Ye Chao’s view, there were three "self-revolutions" on the sales road of ARJ21-700. "When we sold the plane to Chengdu Airlines for the first time, it was the first time that we delivered the plane to our customers. During the continuous running-in, we found that some problems that we had never thought of were exactly the concerns of our customers. The second time &lsquo; Self-revolution &rsquo; When the plane was delivered to Tianjiao Airlines. We have changed from serving one customer to serving two customers, which requires us to be more refined in technology and operation specifications. Now we are facing the third time &lsquo; Self-revolution &rsquo; New customers such as Air China, China Eastern Airlines and China Southern Airlines will put forward more new requirements for our products. In the future, we should look at production from the perspective of creating handicrafts. "

  Since the commercial operation of the ARJ21-700 in June 2016, the optimization and improvement of the aircraft production process has been carried out almost every day. "For example, the pilot’s operation has been greatly modified to reduce the pilot’s workload; In order to reduce the noise in the engine room, the conventional sound insulation cotton material is replaced by metal damping layer and rubber sound insulation material; In order to reduce the airflow noise at the air outlet of the air conditioner, silencers are installed, and there are various optimizations for flight attendants and aircraft maintenance personnel. " Ye Chao said.

  With more and more orders, the mass production capacity of ARJ21 has gradually improved. In 2017, it will produce 4 aircraft, in 2018, 11 aircraft, and strive to produce more than 20 aircraft in 2019. Behind the digital beat is the continuous improvement of the overall efficiency of the workstation and the efficiency of skilled workers. Comac China has continuously promoted the innovation of production management in terms of process technology, on-site management, production operation control and so on. From January to September this year, the batch production rate of ARJ21 aircraft increased by 76.9% compared with the same period in 2018.

  The development of ARJ21 regional jet has accumulated valuable experience for the development of China civil aircraft industry. After the whole process of jet regional aircraft design, trial production, test flight, evidence collection, production, delivery and operation, China has the development capability and airworthiness certification capability of jet regional aircraft, and people have more confidence in the future of large passenger aircraft projects.

  C919: All tests are carried out in parallel, and the test will be prepared for "evidence collection".

  In the avionics system comprehensive laboratory of Comac Shanghai Aircraft Design and Research Institute, researchers are busy, and the indicator lights are flashing on the rows of computers. On the monitors one by one, the program codes pass by in turn, and the C919 aircraft is being tested and verified here.

  Walking into the iron bird test-bed of C919 aircraft, the test-bed in front of us looks like an "iron bird", except that it can’t fly, and its shape and internal structure are basically the same as the real C919 aircraft, so it can be called a simulation aircraft. The integration tests of flight control, landing gear, hydraulic system, etc. are all completed here. After the command is issued from the console, Iron Bird completes the relevant specified actions, confirms and verifies that the system design meets the requirements of product development, and ensures flight safety. The international mainstream aircraft manufacturers have completed the technical verification and technical improvement of related models through the Iron Bird test bed. "In addition, it has another function: when the flight test of the C919 aircraft fails, we can simulate it through the iron bird test bed and find a solution to the failure." Li Tao, director of the construction of the State Key Laboratory of Civil Aircraft Simulation Flight of Shanghai Aircraft Design and Research Institute, said, "At present, we are intensively carrying out the airworthiness verification test of the laboratory."

  Isn’t the C919 plane already empty? What are the researchers still busy with?

  "We are working on the airworthiness certification of the C919 passenger plane, that is, &lsquo; Textual research &rsquo; . At present, laboratory tests are being carried out here, in addition to on-board ground tests, flight tests, simulator tests and supplier product identification tests. After the success of the R&D test flight of the C919 passenger plane in 2017, it still needs several stages of test flight and airworthiness evidence collection before it can be delivered to the airlines. " Li Tao said.

  In order to ensure the efficient ground test and flight test on board, "in October this year, 105 aircraft completed the first test flight, and the number of aircraft used for flight test will reach 6 in the future, and related flight test work is being carried out in parallel." Nan Guopeng, captain of 105 aircraft of C919, introduced.

  Simulator tests are also being carried out in an orderly manner in Shanghai Aircraft Design and Research Institute. Boarding the C919 passenger aircraft engineering simulator, this equipment looks like a big ball, and its interior is almost the same as the real aircraft cab. Li Tao introduced: "The simulator can undertake the test tasks such as aircraft control law evaluation, cockpit evaluation and safety evaluation. At the same time, it can also undertake the training and training of test flight crews to help pilots understand aircraft performance as soon as possible. "

  It is understood that before the C919 large aircraft is delivered for use, it is necessary to obtain three certificates, namely: type certificate (TC), indicating that the aircraft design is safe and seaworthy; Production license (PC), which indicates that the aircraft manufacturing system meets the requirements and can be produced on a large scale; Single Airworthiness Certificate (AC) proves that a single aircraft is in a safe and available state, which is equivalent to the "driving license" of a car. These work plans will take two to three years to complete. If they go well, Chinese will be able to take a large domestic plane designed and manufactured by himself in the near future.

  In addition to the joy and pride of flying in a large domestic plane, the development of C919 has a long-term strategic significance. It is not a simple product, nor is it an ordinary commodity. The manufacture of large passenger aircraft is known as the "crown of modern industry", which plays a very significant role in driving the civil aviation industry and modern industry.

  From the perspective of aviation industry, with Shanghai as the leader, more than 200 enterprises and nearly 200,000 people from 22 provinces and cities including Shaanxi, Sichuan, Jiangxi, Liaoning and Jiangsu participated in the development and production of large passenger aircraft projects. The China civil aviation industrial chain, value chain and innovation chain driven by the C919 large passenger aircraft have great energy, and at the same time, it has promoted the establishment of 16 joint ventures in airborne systems such as avionics, flight control, power supply, fuel and landing gear, which has promoted the civil aircraft industry in China.

  From the perspective of upgrading the modern industrial level, a commercial aircraft consists of 3 million to 5 million parts. These parts need to be produced by thousands of suppliers, which can promote the group breakthrough of key technologies in the fields of new materials, modern manufacturing, advanced power, electronic information, automatic control, computer and many other basic disciplines. "There are many domestic suppliers involved in the parts of the C919 passenger plane, and the fuel tanks, valves and landing gear equipment of the hydraulic system are all produced in China. Through the C919 project, we have grown together with our suppliers. " Li Tao said.

  At dusk, when leaving Shanghai Aircraft Design and Research Institute, the research building was still brightly lit. In order for the C919 to be delivered as soon as possible and soar in the sky, another night for technicians began &hellip; &hellip;

  Interview notes

  It takes only 4 hours and 18 minutes to get from Beijing to Shanghai by high-speed train, but it is not necessarily faster than the high-speed train, not counting the waiting time for the flight to take off and queue up. However, this reporter still chose to fly because he had a question in his heart &mdash; &mdash; When can we get on the big plane made by Chinese himself?

  Not long ago, I was chatting with a friend. When he heard that all the large passenger planes we are taking now are foreign products, his face showed a very surprised look: "What? However, our fighter plane, the National Day military parade is so beautiful, and manned space flight has already sent astronauts out of the earth. How can we buy a foreign plane? " The reporter told him: "It won’t take long. I will definitely bring you back the latest progress when I go to Comac for an interview this time. "

  The plane rushed into the sky and entered the stratosphere. The reporter took out the "Safety Tips" from the front seat pocket and saw that the plane on flight CA1855 was Boeing 787. Thinking of a news I just saw recently, the order for C919 large aircraft has exceeded 1,000. Maybe a few years later, the reporter will watch Safety Tips again, and the models on it will be different.

  With countless questions, I came to Pudong base of Shanghai Aircraft Manufacturing Co., Ltd. and Shanghai Aircraft Design and Research Institute. The reporter finally knew why civil aircraft manufacturing was so difficult. What is carried on it is not goods, nor one or two people, but dozens and hundreds of lives, and there is no room for any safety problems. In addition, the performance requirements of civil aviation aircraft are also very high. During the service period, an aircraft generally has to go through 60,000 flight cycles (take-off and landing) and 90,000 flight hours, with a service life of 30 years or more. Even some seemingly unremarkable parts on the plane must be used stably and safely for decades. In order to compete with the world aviation market, the large aircraft we build must be safer, more comfortable, more environmentally friendly and more economical than others, so as to have a broad market.

  The big plane people are working hard for all this.

  In an interview, the reporter really felt their busyness and dedication. The interview was interrupted several times by phone calls, and the interviewee repeatedly pressed the phone for fear of influencing reporters to ask questions. When a reporter asked a researcher at Shanghai Academy of Aeronautics and Astronautics, "Are there any touching stories in your work?" He smiled and said, "It’s nothing. Everyone usually completes the test task seriously." The colleague sitting on the side couldn’t help it. She grabbed the conversation and said to the reporter, "Our researchers are really selfless. Many technical backbones are in their thirties and forties, old and young. In order to complete the airworthiness forensics work as soon as possible, they basically work overtime every day. You will know when it gets dark." Hearing this, the former researcher who said there was no story was somewhat silent. He said, "Last Friday, I got home after 10 o’clock in the evening and found that my wife didn’t let the children sleep. When I thought about it, I went out early and returned late. The child has not talked to me for a week. " These little details permeate all aspects of the interview, which is moving.

  When leaving the interview, the reporter remembered the 16 Chinese characters hanging on the wall of the C919 assembly workshop &mdash; &mdash; Long-term struggle, long-term research, long-term hardship and long-term dedication, after the delivery of more than 20 ARJ21, the C919 will also be delivered in the next two or three years, and the CR929 wide-body passenger aircraft jointly operated by China and Russia will also start construction in the next few years.

  Let’s look forward to it. In the blue sky, there are more and more domestic passenger planes.

  Memorabilia of C919 passenger plane

  On January 6th, 2009, China Commercial Aircraft Co., Ltd. officially released the code name "COMACC919" for the first single-channel conventional 150-seat large passenger aircraft.

  On December 21st, 2009, the LEAP-1C engine was determined as a C919 foreign starting power unit.

  On November 15th, 2010, a 1:1 demonstration prototype of C919 large passenger plane was first presented to the public at Zhuhai Air Show.

  On August 24th, 2014, most of the front fuselage of the first C919 large passenger plane was delivered.

  On November 2, 2015, the first aircraft of C919 rolled off the assembly line.

  On April 11th, 2016, the static test of C919 large passenger plane was officially launched.

  On May 5, 2017, the C919 passenger plane successfully made its first flight.

  On November 10th, 2017, 101 aircraft of C919 large passenger plane were transferred to Yanliang.

  On December 17th, 2017, 102 aircraft of C919 passenger plane made their first flight.

  On July 12, 2018, 102 aircraft of C919 large passenger plane were transferred to Dongying test flight base. On the same day, the C919 large passenger plane completed the 2.5g ultimate load static test.

  On December 28th, 2018, the third C919 aircraft completed its first flight at Shanghai Pudong International Airport.

  On August 1, 2019, 104 aircraft of C919 large passenger plane completed the first test flight.

  On October 24, 2019, 105 aircraft of C919 large passenger aircraft completed their first test flight.

  (Reporter Zhang Pengyu finishing)

Best this week! Indian films have also produced unspeakable social truths.


Special feature of 1905 film network Among this week’s new films, an Indian film called India is hard to ignore.


Listen to the name, it is full of "taste".


The douban score of 7.3 is not outstanding, but it is enough to rank first in the reputation of new films on the weekend of "film shortage".

The slogan is also very domineering: changing 600 million Indian women was recommended by Bill Gates every year.


This is not an exaggeration.


Among the ten most inspiring things selected by Bill Gates in 2017, this film is on the list. Bill Gates commented: "The Toilet Hero is a Bollywood romance of newlyweds, which has aroused public concern about India’s urgent health problems."


That’s right. Frankly speaking, whether it’s an image or a narrative technique, "Toilet Hero" has nothing outstanding. But its value lies in its courage to uncover the most painful scars in Indian society and face up to social problems such as health and safety, gender discrimination and official corruption. This courage deserves a standing ovation.


Before watching the film, you might as well torture yourself with three souls: 


Can you accept going to the toilet in the wild every day?

Can you accept walking to the toilet outside the village at four o’clock every morning?

Will you marry a man who has no toilet at home?

 

The above three "shy" questions are exactly the dilemmas that the heroine Jaye and hundreds of millions of Indian women must face in The Toilet Hero.

 

In the movie, the new wife, Jaye, unwittingly married to an Indian rural area without a toilet, and faced the embarrassment of having to go to the toilet in the wild every morning.

Jaye and the Women’s Federation of the same village walked to the field to go to the toilet.


Facing the toilet problem, her husband, Keshav, racked his brains to come up with tricks such as rubbing other people’s toilets, rubbing train toilets, and even taking risks to steal public toilets. However, he found that traditional concepts are like iron walls, and it is difficult to get a toilet.

Husband "steals" for his wife to move the toilet.


Jia Ye Yiran, who received a college education and grew up in an enlightened family, proposed "divorce without a toilet" and became a national event on TV. More and more wives and women have followed suit, and a toilet revolution that is expected to rewrite the fate of "600 million women" is on the verge.

For most China audiences, the national revolution caused by a toilet in "The Toilet Hero" is so strange and magical. But the words "adapted from real events" remind us at all times that everything in the film was once a living fact.


In 2011, a wife named Anita Nally in Madhya Pradesh, India, ran away from her husband’s house after a few days of marriage because she couldn’t stand going to the toilet outdoors, and boldly put forward the appeal of not going home without a toilet. Finally, with the help of the government, Anita’s husband finally built a toilet. She was also commended by former Indian President Pratibha Patil.


So in reality, how serious is the open toilet problem in India?

 

According to the statistics of UNICEF in 2016, the global open-air toilet population totaled 950 million.


Among them, the countries and regions with the highest proportion are not Africa with relatively backward economy and infrastructure, but India, which is famous for its high technology.


According to statistics, a total of 569 million Indians still go to the toilet in the open air, accounting for nearly half of the total population, far higher than the population without mobile phones. More than 53% of households (the proportion in rural areas is as high as 70%) have no toilets.

 

The weight of Indian outdoor excrement can reach 100,000 tons every year, which is enough to fill the whole Wembley Stadium in London.

 

Some people say that the whole country of India is like a large open-air toilet, which is not an exaggeration.


In the fields and lanes of India, people carrying buckets in the film can be seen everywhere. There is no doubt that they are walking on the way to the toilet. …


The water in the bucket is used for cleaning after defecation (please make up for it yourself during cleaning).

 

For Indian men, this does not seem to be a problem. For example, in the film, the father of the man chooses the canal at home to go to the toilet like no one is watching.


But for women, the inconvenience of going to the toilet in the open air can be imagined. For privacy and safety reasons, you can only choose to go to the suburbs to excrete in the dark, and you need to control it as much as possible during the day.


According to the survey, Indian women can endure for an average of 13 hours a day, which is undoubtedly a double torture to the mind and body.


Women who go to the toilet outdoors also need to guard against the harassment of hooligans at all times. The light will be swayed by the headlights and teased with words. Seriously, it will give malicious people an opportunity to cause irreparable harm.


Every year, tens of thousands of Indian girls who enter adolescence have no choice but to drop out of school because of the inconvenience of going to the toilet.


Not to mention the health problems caused by going to the toilet in the open air. According to statistics, nearly 400 children under the age of 5 die of dysentery every day in India, and the number of people suffering from chronic malnutrition due to digestive system diseases is even higher.

 

There are many dangers in going to the toilet in the open air. Why do Indians still go their own way?

 

On the one hand, traditional ideas and religious teachings are deeply rooted.


The Indian code of religion and behavior "Manu Code" wrote: "People should excrete away from their houses.",advocating" born in nature, transformed into nature ".

 

Repairing toilets at home means leaving dirty things at home. It is even more disrespectful to let the toilet coexist with the deity. This passage in the Code of Manu was also used by the elders of the village committee to educate Keshav, who proposed to repair the toilet.

Unexpectedly, Keshav’s next passage debunked the "hypocritical faces" of these so-called devout believers.

 

"Manu Code" not only stipulates that it should be excreted away from houses, but also stipulates that in order to protect the clean water source, people should not defecate near the river or water body. This is quite different from what the village chief and many Indians did.

Indians go to the toilet in the open air not so much because they believe in piety, but because of their own convenience and habits, they do not hesitate to use religion as a shield.

 

Indians’ reluctance to repair toilets is also related to the caste system.

According to the caste system, Indians are divided into four grades: Brahman, Khrushchev, Vedas and sudra. Besides this, there are "unacceptable untouchables", also known as "Da Park Jung Su".

 

In the traditional Indian concept, the "dirty work" such as cleaning garbage and toilets can only be done by Dalit class in Park Jung Su.

In India, cleaning up feces and garbage is done by people at the lowest level.


Therefore, even if toilets are repaired, high-caste Indians will not clean them themselves, but need to hire Da Park Jung Su to clean them. With the awakening of the Dalit class, this cost is getting higher and higher, which is why Indians are unwilling to repair toilets.


With the continuous development of economy and culture, the government gradually realizes the importance of health.


On the anniversary of Gandhi’s birthday in 2014, Indian Prime Minister Modi announced the implementation of the "Clean India" plan, allocating about 30 billion US dollars to build toilets nationwide and promote sanitary toilets. It is planned to completely eliminate the phenomenon of open-air toilets in 2019 and Gandhi’s 150th birthday.


Indian Prime Minister Modi


Now, a few years later, the government has built millions of toilets nationwide, but the problem of going to the toilet in the open air has not been fundamentally solved.


The so-called "public toilets" on the streets of India


The funds for repairing toilets were embezzled and misappropriated by governments at all levels. The repaired toilets lack maintenance, poor sanitary conditions, and many of them are occupied and reduced to barns and storage rooms.


It’s ironic that a man is peeing at the poster of "Toilet Hero".


In a report in National Geographic, Indian women reported that public toilets have long waiting time, poor sanitation and ventilation, often without water and electricity, and will be closed between 11 pm and 4 am. Even many people choose to go to the toilet in the courtyard of the public toilet while waiting, and the toilet loses its meaning.


Akshay kumar, the leading actor in the film, admitted frankly in an interview that he wondered why a country that can launch space rockets and is proud of its high technology can’t solve the "simplest" civilized toilet problem.


As the film says, "it is never easy to change tradition", and "Toilet Hero" is only a small step.


"I made this film to tell Indians that the power of change is in everyone’s hands. Like Anita, as long as everyone can make his own voice firmly, it will certainly affect the people around him, and society will certainly change, "kumar said.

Everything shown in The Toilet Hero may be curious, but it doesn’t need to be laughed at. At least, Indian filmmakers have the courage to expose their scars and face the pain. What about us?


Add confidence and strength to the recovery of the world economy (authoritative forum)

  On July 29th, the X8026 freight train loaded with 100 TEUs for export departed from Hefei North Railway Station and headed for Budapest, Hungary. Photo by Song Yanjun (People’s Vision)

In Hengda Fuji Elevator Co., Ltd. in Lianshi Town, Nanxun District, Huzhou City, Zhejiang Province, workers are completing a wholesale elevator order to overseas markets. Photo by Zhang Bin (People’s Vision)

In Puyuan Jingdian Technology Co., Ltd., located in suzhou science and technology town, Jiangsu Province, employees are testing the quality of digital oscilloscopes to be exported soon. Photo by Hua Xuegen (People’s Vision)

  A few days ago, at the Qianwan Wharf of Qingdao Port, cargo ships were loading and unloading containers. Photo by Li Ziheng (Xinhua News Agency)

  Li Xuesong (Director, Institute of Quantitative and Technical Economics, China Academy of Social Sciences)

  Xiao Lisheng (Director, Global Macroeconomics Research Office, Institute of World Economics and Politics, Chinese Academy of Social Sciences)

  Chen Yuyu (Professor, Department of Applied Economics, Guanghua School of Management, Peking University, Director, Institute of Economic Policy, Peking University)

  Nalongsa Putapong Monkun (Chairman of Chinese General Chamber of Commerce in Thailand)

  Park Shengzan (Director, China Institute of Management)

  Sebastian Perimony (French Schiller Institute researcher, expert on international issues)

  Frederick Baldan (CEO, Ceibs China Europe Business Consulting Company)

  China efficiently coordinated the prevention and control of epidemic situation and economic and social development, effectively responded to the impact of epidemic situation, Ukrainian crisis and other factors, overcame the downward pressure on the economy, and quickly stabilized and rebounded. China’s economy has shown great resilience and vitality, adding confidence and strength to the recovery of the world economy.

  Since the beginning of this year, the international environment has become more complicated and severe, and the domestic epidemic situation in China has been distributed frequently, which has obviously increased the adverse effects. How to evaluate the economic performance of China in the first half of this year?

  Chen Yuyu: The economic growth in the first quarter of 2022 was relatively optimistic, reaching 4.8%. Since April, due to the short-term negative impact, the main economic indicators have obviously declined for nearly two months, and finally stabilized and rebounded in June. In the face of an unusually complicated and difficult situation, the economy grew by 0.4% in the second quarter and by 2.5% in the first half of the year. China’s economy has withstood the severe test, especially in the second quarter, which shows that the internal vitality and resilience of the economy are very strong, and the fundamentals of China’s long-term economic improvement have not changed. In the medium and long term, we have reason to be full of confidence in China’s economy.

  Nalongsa Putapengmongkun: In the first half of this year, the overall economic development of China was steady and rising. In the second quarter, under the impact of COVID-19 epidemic rebound, Ukrainian crisis and other factors, China’s economic operation fluctuated greatly. With the efficient coordination of epidemic prevention and control and economic and social development in China, a series of economic measures have been introduced and implemented. The epidemic prevention and control in key areas has achieved positive results, and the effect of a package of policies and measures to stabilize the economy has been gradually released. In June, economic growth rebounded significantly.

  Faced with the impact of unexpected factors, China coordinated epidemic prevention and control and economic and social development, protected people’s life safety and health, made great efforts to ensure the stability and safety of the supply chain industry chain, and the economy stabilized and rebounded in a relatively short period of time, indicating that the good momentum of sustained and healthy economic development in China has not changed. As the second largest economy in the world, China has accumulated a solid material foundation for a long time and the advantages of super-large market scale. In addition, it is constantly promoting the construction of a new development pattern, so it can withstand the downward pressure of the economy and continue to play the role of "stabilizer" for the global economy.

  Sebastian Perimony: At present, influenced by the Ukrainian crisis and other factors, the world economic recovery is under great pressure, and some countries are at risk of falling into recession in the future. The state of "high inflation" and "low growth" in some countries has a negative impact on the real economy, employment and consumption of all countries in the world.

  Against this background, China’s economy grew by 2.5% in the first half of the year, and many data indicators showed that China’s economy maintained a good trend and showed strong resilience. In particular, from January to June this year, the added value of industrial enterprises above designated size in China increased by 3.4% year-on-year, and the investment in infrastructure construction increased by 7.1% year-on-year, indicating that the real economy in China has recovered steadily. In addition, in the first half of this year, China’s high-quality economic development progressed steadily, and the high-tech manufacturing industry maintained rapid development, which was impressive.

  Park Shengzan: Since the beginning of this year, the international situation has been complicated and severe, and the world economic growth has slowed down obviously. It is not easy for China to promote economic and social development to recover as soon as possible, and it is difficult for China to achieve positive economic growth in the second quarter. After a severe situation from March to April, the economy picked up quickly from May to June, which played a key role in driving economic growth in the second quarter. Good export is a bright spot of China’s economy. In the first half of this year, the total import and export value of China’s goods trade was 19.8 trillion yuan, up 9.4% year-on-year. The import and export of foreign trade achieved steady growth and became an important driving force for economic development.

  How to evaluate the macroeconomic policies adopted by China in response to the downward pressure on the economy and their effects?

  Xiao Lisheng: Overall, China’s economy is still in transition. Although the economic growth rate of 2.5% in the first half of the year was lower than the normal level, there are still bright spots. The basic policies of stabilizing growth, restructuring and promoting reform have not changed. Under the severe international situation and epidemic situation, China continued to adhere to industrial upgrading and structural transformation, and insisted on "housing and not speculation", and made efforts to stabilize growth, stabilize market players, ensure employment, adjust structure and promote reform in an orderly manner. For example, China’s manufacturing investment increased by 10.4% in the first half of the year. China promotes the transformation to high-end manufacturing industry, does not follow the old road of resource-intensive development, stimulates the vitality of scientific and technological innovation, and injects more kinetic energy into economic development, which is also one of the reasons for the continuous growth of export share in the first half of the year.

  Chen Yuyu: China’s macroeconomic policies have shown the ability to cope with huge economic fluctuations, with quick response and strong strength. Relevant departments have discovered problems early and issued comprehensive policies. In late May, 2022, the State Council launched a package of policies and measures to firmly stabilize the economy, and put forward 33 measures in six aspects: fiscal policy, monetary and financial policy, stable investment and consumption promotion policy, food and energy security policy, industrial chain supply chain stability policy and basic livelihood policy. The package of policies and measures to stabilize the economy has played a rapid role in more than two months. Although the economy only grew by 0.4% in the second quarter, it has already grown. The decline narrowed in May, and many indicators have turned from negative to positive in June, and the overall economic situation has stabilized and rebounded. The rapid functioning of relevant policies is also inseparable from China’s basic work in deleveraging, cleaning up shadow banking, focusing on solving hidden risks in key areas and preventing systemic risks in the past few years.

  In recent years, China’s macroeconomic policy system has been continuously improved in the process of coping with risk challenges. With the support of the government’s strong macro-policy, monetary policy and fiscal policy, the market’s confidence in economic growth has been further enhanced. For example, the People’s Bank of China handed over more than one trillion yuan of surplus profits to the central government, which greatly enhanced the central government’s ability to bail out this year and cope with the huge negative impact of the economy.

  Sebastian Perimony: China has effectively coordinated epidemic prevention and control and economic and social development, and introduced comprehensive policies to stabilize economic growth, such as reducing taxes and fees, and increasing infrastructure investment, which has stabilized the basic economic disk. I have noticed that China’s investment in scientific research has greatly increased. At present, the scale of digital economy ranks second in the world, and the added value of high-tech manufacturing industry increased by 9.6% in the first half of the year. These advances in science and technology not only promote the development of related industries, but also help to create jobs and promote growth, which will strongly promote the high-quality economic development of China.

  At present, China’s economy has stabilized and improved, but the triple pressures of demand contraction, supply shock and expected weakening have not changed, and some unfavorable factors are still evolving, and many market players still face great difficulties. What difficulties does China’s economic operation face in the second half of the year, and how to deal with them?

  Li Xuesong: In the second half of the year, China’s economy may also face the challenge of multiple risks: First, local epidemics are repeated, which restricts economic operation; Second, the contraction of external demand in developed countries has led to the downward pressure on China’s exports; Third, the weak supply and demand of real estate continues to drag down the growth of domestic demand. According to the requirements of the CPC Central Committee that "the epidemic should be prevented, the economy should be stabilized and the development should be safe", if these three risks can be effectively resolved, China’s economy will return to the normal growth range in the second half of the year. Policy responses can be strengthened from the following aspects.

  Plan the incremental reserve policy in time to provide assistance for economic recovery. We will increase efforts to stabilize growth and ensure employment in fiscal policy. In terms of monetary policy, we should pay attention to coordinating aggregate instruments and structural instruments, reduce the financing cost of the real economy, and maintain a reasonable growth of total credit. We should also increase support for areas and industries that are greatly affected by the epidemic, as well as key areas such as scientific and technological innovation and green and low-carbon transformation.

  Accelerate reform and stabilize market expectations and expand effective domestic demand. Efforts should be made to stabilize the expectations of various market players, especially to avoid the downward convergence expectations of various market players for future economic development.

  Adhere to both chain maintenance and epidemic prevention and control, promote the continuous smooth supply chain of the industrial chain, and timely prevent the cost impact of the upstream on the middle and lower reaches. Give full play to the role of market mechanism, improve the ability of regulating the supply and demand of bulk commodities, increase the efforts to ensure the supply and price stability of important raw materials such as rare and precious metals, chemical products and chips, break hidden barriers and unreasonable restrictions, and actively explore the dynamic balance path between epidemic prevention and control and industrial development. Grasp the opportunity period of digital and green development, strengthen technological innovation and enhance the resilience of industrial chain supply chain.

  Highlight the orientation of employment priority to fiscal and monetary policies, accelerate the release of effective demand, and boost the labor market. We will promote both supply and demand, speed up the disposal and resolution of risks of housing enterprises, and take various measures to promote the stable and healthy development of the real estate market.

  Frederick Baldan: Against the background of global epidemic, challenges and twists and turns of globalization, China has made full assessment and preparation. China’s continued opening to the outside world and the formal entry into force of the regional comprehensive economic partnership agreement this year can all help China hedge some global supply chain tensions. China firmly promotes the construction of a new development pattern and makes full use of the vast domestic and international markets. China has strong economic resilience, large room for manoeuvre and great growth potential, which can meet the short-term challenges of similar epidemics and accumulate strength for long-term development.

  The long-term positive momentum of China’s economy is even more obvious. The quality of China’s labor force is getting higher and higher, which enhances the international competitiveness of China’s economy and is conducive to the stability and long-term development of China’s economy.

  At present, inflation is high in many countries around the world, the risk of stagflation is rising, the policies of major economies tend to tighten, and external instability and uncertainties have increased significantly. How to evaluate the overall situation of the current world economy? What impact does the relevant situation have on China’s economy?

  Li Xuesong: Since 2022, the global economic environment has become more complex, with more challenges and more uncertainties. Geopolitical conflicts have intensified, and some countries are facing stagflation risks due to high inflation. In the second half of 2022, some developed economies may slide from inflation to stagflation, emerging markets and developing economies show regional differentiation, global interest rate hikes, and monetary tightening may trigger economic recession and sovereign debt crisis in some countries.

  At present, the cycles of the world’s major economies are out of sync, and the policy objectives and directions are quite different. Despite the downward trend, the American economy is still in an overheated state, with strong aggregate demand, high inflationary pressure and a historically low unemployment rate. The economic cycle of the euro zone lags behind that of the United States, and the recovery is not as stable as that of the United States. However, due to the Ukrainian crisis, the gap between total supply and total demand has widened rapidly, and inflationary pressure has risen sharply. It is expected that in the second half of the year, with the tightening of monetary policy in the United States and Europe and the gradual downward cycle of the US economy, the risk of shocks in the international financial market may be further aggravated.

  The main goal of China’s macro-policy is to stabilize growth and ensure employment. Facing the tightening of external constraints, independent implementation of macro-policy requires stronger determination and more superb skills. The spillover effects of external economic situation and policy changes on China are more complicated and changeable, and it is more difficult to coordinate international policies.

  Park Shengzan: The Ukrainian crisis and the economic downturn in the United States are prominent factors affecting global economic growth. Russia and Ukraine are both important countries that affect energy and food prices. The Ukrainian crisis will lead to the instability of supply and demand, and the price increase will show a long-term trend, and the US economy may also be directly or indirectly affected. The economic downturn in the United States will lead to a decline in global stock prices, which in turn will lead to a decline in the value of enterprises, losses for investors, and increasing anxiety about the future, which in turn will lead to an increase in savings and a decrease in consumption.

  Under the background of increasing inflation in the United States and the continuing crisis in Ukraine, many countries in the world are likely to face stagflation due to rising prices and interest rates, which will trigger a "domino effect" and the global economic situation may deteriorate further.

  Under such circumstances, China needs to further stimulate economic growth through investment and consumption, and strive to strengthen its economic resilience. In order to prevent consumption from shrinking in China, the government needs to give policy support. The reason why China can cope with inflation well is that the price stabilization policy under the government’s control continues to play an effective role.

  Frederick Baldan: Global economic growth is still facing many challenges such as epidemic and geopolitical conflicts. The International Monetary Fund recently lowered its forecast of world economic growth to 3.2% and 2.9% in 2022 and 2023, respectively, reflecting the pressure of world economic recovery and growth. The developed economies in Europe and America are experiencing high inflation and weak growth. The debt pressure of some developing countries is unrelenting, and the food crisis is imminent. All parties need to work together to meet the challenge.

  As far as the region is concerned, the Asia-Pacific region should give full play to its advantages of rapid development, maintain long-term stability and security in the Asia-Pacific region, and prevent the Cold War mentality from eroding the environment for economic growth in the Asia-Pacific region. As far as China is concerned, economic growth will still face the pressure of repeated epidemics in the future. How to gradually restore personnel exchanges under the background of epidemic situation is also a major issue. From the perspective of enterprise and business cooperation, personnel exchanges are indispensable for business development and market expansion. Closer personnel exchanges can promote business cooperation and cultural exchanges between China and the outside world, and promote mutual understanding.

  At present, the United States and some countries in Europe are facing the dilemma of high inflation. Is there a risk of imported inflation for China’s economy? What preparations should be made?

  Xiao Lisheng: At present, the overall inflation situation in China is relatively stable, with the consumer price index (CPI) maintained at 1.7% in the first half of the year. On the one hand, the overall demand of China’s economy was relatively weak in the first half of the year, and there was no significant price increase. On the other hand, the state has made arrangements in advance in the supply of commodities such as energy and food.

  Due to the effective regulation and control of bulk commodities by the China government, the risk transmission from overseas has been prevented, especially the global energy and food price increase has been transmitted to China. In the case of high overseas inflation, China’s inflation has remained basically stable, which has reserved a large space for monetary policy, fiscal policy and future aggregate demand management policy, and is conducive to promoting China’s economy to return to a reasonable range.

  Chen Yuyu: The international inflation situation may last for a long time, because loose monetary and fiscal policies in some economies have created strong aggregate demand.

  In response to the impact of the epidemic on the economy, China’s macro leverage ratio has increased slightly, and it still has a large policy space. In terms of financial policy, China has always adhered to a prudent monetary policy in recent years, and will not overuse monetary policy tools because of short-term economic fluctuations.

  Nalongsa Putapengmongkun: China’s economy is running steadily, prices are relatively stable, the macro-policy environment is suitable, and there are basically no conditions for high inflation. China’s economy has maintained a steady growth momentum for a long time, the employment situation is basically stable, foreign trade is growing rapidly, high-quality development has achieved new results, and it has the ability to cope with economic risks.

  With the improvement of epidemic prevention and control situation and the emergence of policy effects, China’s advantages such as large economic volume, wide market space, sufficient development resilience, many reform dividends and strong governance capacity will be further exerted, and China’s economy is expected to maintain the trend of recovery and development.

  Recently, the International Monetary Fund, the World Economic Forum and other international organizations have warned that the global economy is facing the risk of recession, and China’s economy will still face many risk challenges in the future. In the long run, what should China’s economy do to win the initiative?

  Li Xuesong: We should guard against the spillover effect of external risks to China and stabilize the international community’s confidence in China’s economy. First, strengthen the determination to independently implement macro policies. According to the needs of China’s current economic cycle, we should put steady growth and employment protection at the top of China’s multiple objectives of macro-policies, and implement macro-policies more actively and meaningfully. In the current weak demand for credit in the private sector, we should pay more attention to the role of proactive fiscal policy. Second, enhance the flexibility of two-way fluctuation of RMB exchange rate and give full play to the role of exchange rate as a buffer against external risks. An appropriate range of phased exchange rate depreciation will help to release risks and stabilize expectations. Third, we should stabilize the confidence of the international community in China’s economy and capital market. Maintain a reasonable economic growth rate and guide the international community’s expectation that China’s economy will improve for a long time and its weight will increase in the global structure. While strengthening independent innovation, we need to continue to deeply integrate into the global industrial chain and give play to the attraction of China’s super-large-scale market advantage to foreign enterprises.

  Park Sheng-zan: In the second half of the year, repeated epidemics, shrinking consumption and rising prices of energy and food may become constraints on China’s economic growth. China needs to formulate and implement systematic and scientific epidemic response strategies, increase domestic demand, enhance the investment vitality of private enterprises, boost the confidence of foreign capital in China market, and constantly improve relevant systems to create a good investment environment for foreign enterprises.

  Against the background of repeated delays in the epidemic and weak global economic recovery, China’s economy will continue to grow, and the quality of economic growth will be further improved. China not only pursues the speed of economic growth, but also pays more attention to improving quality and efficiency. Making innovation the driving force of economic growth will be conducive to the optimization of economic structure and the enhancement of the long-term positive trend.

  Sebastian Perimony: In the second half of the year, the risk of inflation in the world economy will not subside, and the epidemic is still likely to recur, and the impact has not been eliminated. The uncertainty caused by the Ukrainian crisis still exists, which will affect the sustained recovery of China’s economy and the realization of the overall economic growth target. As the second largest economy in the world, China emphasizes the development concept of common development and common prosperity, upholds the concept of building a community of human destiny, and constantly implements the initiative of jointly building the Belt and Road Initiative. China’s economic recovery has a positive impact on the global economy. China also put forward a global development initiative, focusing on the fundamental issue of "development", which responded to the expectations and needs of the current world, especially developing countries, and received wide support and response. It is expected that relevant policies will continue to be implemented and contribute to promoting global common development and economic recovery.

  (Interviewed by our reporters Li Xinyi, Sun Guangyong, Ma Fei, Zhang Penghui and Liu Lingling)