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Finance is the core of modern economy, and capital market plays an important role in financial operation. How to give full play to the function of the capital market and serve the high-quality development of the economy is an important subject that must be answered well in China’s modernization drive. At present, China has entered a new development stage of building a socialist modern country in an all-round way and marching towards the goal of the second century. We must uphold and strengthen the leadership of the Party, implement the new development concept completely, accurately and comprehensively, strive to build a modern capital market with China characteristics, and promote high-quality economic development.

First, China’s capital market has undergone profound structural changes in the new era.

Since the 18th National Congress of the Communist Party of China, the CPC Central Committee with the Supreme Leader as the core has attached great importance to the capital market work, strengthened centralized and unified leadership over the capital market, made a series of major decision-making arrangements, and clearly proposed to build a standardized, transparent, open, dynamic and resilient capital market through deepening reform. General Secretary of the Supreme Leader profoundly pointed out that it is necessary to put the development of direct financing in an important position and form a multi-level capital market system with complete financing functions, solid basic system, effective market supervision and effective protection of investors’ legitimate rights and interests; It is necessary to take the initiative to prevent and resolve systemic financial risks in a more important position, scientifically prevent, identify, warn, discover and dispose of them early, focus on preventing and resolving risks in key areas, and focus on improving financial security defense lines and risk emergency response mechanisms; Wait a minute. These important expositions have pointed out the direction for the reform and development of the capital market in the new era. Especially since the National Financial Work Conference in 2017, under the strong leadership of the CPC Central Committee with the Supreme Leader as the core, China has closely followed the main line of structural reform on the financial supply side, persisted in using reform ideas and methods to break the institutional obstacles of the capital market, resolutely promoted comprehensive and deepening capital market reform, promoted profound structural changes in the capital market, and served economic development to achieve a quantitative and qualitative Shuang Sheng.

Equity bond financing has grown steadily.From 2017 to 2021, the initial public offering (IPO) and refinancing amount totaled 5.2 trillion yuan, and the exchange bond market issued 33.9 trillion yuan. Among them, in 2021, the total amount of IPO and refinancing was about 1.5 trillion yuan, and the total amount of financing in the stock and exchange bond markets exceeded 10 trillion yuan, both hitting record highs.

The market structure is obviously optimized.By the end of June 2022, there were more than 2,200 listed companies in A-share strategic emerging industries, and the market value of high-tech industries such as information technology and biomedicine increased from about 20% at the beginning of 2017 to about 37%. The R&D investment of listed companies accounted for more than half of the national R&D expenditure, and the role of listed companies as the "basic disk" of the real economy and the "leader" of transformation and development was more prominent. The investor structure has gradually improved, and the proportion of domestic professional institutional investors and foreign positions in the circulation market value has increased from 15.8% at the beginning of 2017 to 23.5%.

The multi-level market system has been continuously improved.The pilot registration systems in science and technology innovation board and Growth Enterprise Market have been successfully implemented one after another, greatly enhancing the attractiveness of the capital market to high-quality enterprises. It is a key step to deepen the reform of the New Third Board, set up the Beijing Stock Exchange, and build the main position of service-oriented SMEs. The People’s Republic of China (PRC) Futures and Derivatives Law was reviewed and passed, which effectively filled the blank of "Basic Law" in the field of futures and derivatives. By the end of June, 2022, there were 94 kinds of futures options, which basically covered the main areas of the national economy and people’s livelihood. In the context of the sharp rise in international commodity prices since 2021, the prices and increases of major futures varieties such as thermal coal and iron ore in China were less than the spot and less than those overseas, which contributed to the overall situation of ensuring supply and stabilizing prices.

The function of optimizing resource allocation is further exerted.The adaptability and inclusiveness of the basic system of the capital market have been significantly improved, and the market-oriented incentive and restraint mechanism has been continuously improved. The role of the main channel of capital market mergers and acquisitions has been continuously strengthened. In the past five years, the transaction amount of mergers and acquisitions was about 10 trillion yuan, which stimulated the vitality of market players. The delisting system has been further improved. This year, 42 companies have been forced to withdraw from the market, and the market ecology of orderly advance and retreat and survival of the fittest is accelerating.

High-level institutional opening has been steadily advanced.Coordinate openness and security, and promote the all-round opening of markets, products and institutions. The ratio of foreign shares in the securities fund futures industry has been fully liberalized. Interconnection has been deepened, the institutional arrangements of Shanghai-Shenzhen-Hong Kong Stock Connect have been continuously optimized, transactional open-end funds (ETFs) have been incorporated into the Shanghai-Shenzhen-Hong Kong Stock Connect, and the Shanghai-Luntong mechanism has been extended to Shenzhen Stock Exchange internally and Germany and Switzerland externally. A-shares have been included in internationally renowned indexes and their proportion has been continuously increased, and A-share index futures have been launched in Hong Kong. The net inflow of foreign capital has been maintained for many years, and the international attraction and competitiveness of China’s capital market have been significantly enhanced.

Second, the modern capital market has an important function of serving the high-quality development of the economy.

As China’s economy enters the stage of high-quality development, providing efficient financial support for strategic emerging industries, small and medium-sized enterprises, promoting cross-cycle, cross-industry and cross-group risk dispersion, and meeting people’s growing demand for wealth management have put forward new and higher requirements for the financial system. The capital market has unique and important functions in resource allocation, risk mitigation, policy transmission, expectation management, etc. It is the key to deepening the structural reform of the financial supply side and can play a greater role in high-quality development.

Since 2019, China’s science and technology innovation board and Growth Enterprise Market pilot registration systems have been successfully launched, greatly enhancing the attractiveness of the capital market to high-quality enterprises. The picture shows that on August 24, 2020, at the listing ceremony of the first batch of enterprises in the GEM reform and pilot registration system held in Shenzhen Stock Exchange, listed enterprises received securities registration certificates. Xinhua News Agency reporter Mao Siqian/photo

Stimulate the innovation vitality of market players and help consolidate the micro-foundation of high-quality economic development.Innovation is the first driving force for high-quality development, and cultivating a number of innovative enterprises with core competitiveness is the micro-foundation that high-quality economic development must have. The mechanism of risk sharing and benefit sharing in the capital market can not only provide financing support, but also play an important role in improving corporate governance and encouraging entrepreneurship. From the history of economic and financial development, scientific and technological innovation, property rights protection, market expansion and financial support are all key forces to promote the continuous occurrence of "creative destruction", and the positive role of capital market is becoming increasingly prominent. The development of the stock exchange has further smoothed the circulation of the company’s shares, improved the efficiency of financing and pricing, and provided more convenient conditions for the implementation of innovative mechanisms such as equity incentives. Without the sustained development of the capital market, enterprise innovation and scientific and technological progress could not change with each passing day.

Promote the benign interaction between industry and finance and help smooth the national economic cycle.Economic activity is a dynamic cycle process, and realizing a virtuous cycle of savings and investment is the most basic and important part. All along, China’s savings are mainly converted into investment through credit, and indirect financing is dominant. With the development of industrialization and urbanization in China to a certain stage, there has also been a situation in which overcapacity in traditional industries and insufficient investment in emerging industries coexist. Microscopically, the return on investment of enterprises has declined, while macroscopically, the demand for effective investment has been sluggish. In recent years, China has maintained a reasonable and abundant liquidity, the market interest rate has generally declined, and the growth rate of social financing scale has basically matched the nominal growth rate of GDP. On the whole, however, the problem of China’s lack of capital, especially innovative capital, is more prominent. This structural contradiction is even more prominent when the downward pressure on investment growth in traditional industries increases. The capital market can promote the accumulation of savings in innovative industries by decentralized decision-making and taking risks at its own risk. At the important juncture of current economic restructuring, it is even more necessary to give full play to the role of the capital market, promote the coordinated development of direct financing and indirect financing, guide more savings to gather in emerging industries, simultaneously promote the transformation and upgrading of traditional industries, form a more efficient and high-quality input-output relationship, and realize the dynamic balance of the economy at a high level.

Help improve macroeconomic governance and promote the smooth operation of the economy.The shift period of economic growth is also a period of high incidence of financial risks, and maintaining macroeconomic stability is a necessary prerequisite for successfully turning to high-quality development. The experience of some economies shows that high leverage is an important source of systemic risks. After the economic growth rate declines, financial risks, especially debt risks, are exposed at an accelerated pace, and the economy will experience a difficult process of passive deleveraging. At present, China’s macro leverage ratio is relatively high. By expanding the scale of equity financing and enriching risk management tools, the capital market can alleviate the high leverage risk and smooth the transmission of monetary policy, which is of great practical significance to improving the stability of economic operation.

Promote the fruits of economic development to benefit the people more and help achieve shared development.To take the road of high-quality development, we must adhere to the people-centered development thought. Capital market is an important channel for residents to increase their property income and meet the growing demand for wealth management, and it is also an important support for improving the multi-level and multi-pillar endowment insurance system. In recent years, the CSRC has made great efforts to deepen the reform of the investment side, strengthen all kinds of medium-and long-term investment forces, promote the introduction of Public Offering of Fund policy for personal pension investment, vigorously advocate professional investment, value investment and long-term investment, and guide listed companies to enhance their returns to investors through cash dividends and share repurchase. At the same time, we will continue to optimize the ecology of the capital market, crack down on securities violations with "zero tolerance", promote the litigation system for special representatives of securities disputes, and better protect the legitimate rights and interests of investors, especially small and medium-sized investors. From 2017 to 2021, the cash dividends of listed companies in China exceeded 6 trillion yuan; The annualized rate of return of partial stock funds is 11.7%, and Public Offering of Fund is entrusted to manage all kinds of pensions over 4 trillion yuan, which has created a good return. In the next step of deepening the capital market reform, it is still necessary to further enhance the value creation ability of listed companies, enhance the professional ability of industry institutions, and realize the benign mutual promotion of the development of the real economy, the improvement of the quality of listed companies and the growth of investors’ returns.

Third, firmly grasp the correct direction of building a modern capital market with China characteristics

After more than 30 years of reform and development, especially since the 18th CPC National Congress, China’s capital market has entered a new stage of building a modern capital market with China characteristics. We should implement the new development concept completely, accurately and comprehensively, constantly deepen our understanding and practical grasp of the laws of modern capital markets, and strive to build a standardized, transparent, open, dynamic and resilient capital market.

Adhere to the party’s overall leadership over the capital market work and ensure that the development direction is always correct.The leadership of the Party is the most essential feature of Socialism with Chinese characteristics and the fundamental guarantee for building a modern capital market with China characteristics. We must firmly grasp the correct political direction, faithfully implement the spirit of the important instructions of the Supreme Leader General Secretary and the decision-making arrangements of the CPC Central Committee, better combine the political and organizational advantages of the party’s leadership with the general laws of the development of the capital market, adhere to the people’s position of capital market supervision, and truly embody the persistence and strengthening of the party’s leadership in serving the real economy, preventing and controlling financial risks, and deepening financial reform, and effectively promote the high-level cycle of science and technology, capital and industry. Accelerate the formation of an atmosphere in which the CSRC system comprehensively and strictly manages the party, adhere to the strict main tone, promote the whole process of supervision and control over the operation of public power, strengthen the supervision of industry integrity, and create a clean and upright capital market ecology.

The capital market has unique and important functions in resource allocation, risk mitigation, policy transmission and expected management, and can play a greater role in high-quality development. On November 15, 2021, the Beijing Stock Exchange ushered in the opening of the market, and the ability of the capital market to serve the innovation and development of small and medium-sized enterprises was further improved. The picture shows the logo display wall of 81 enterprises listed in the first batch of Beijing Stock Exchange. Xinhua News Agency reporter Li Xin/photo

Insist on seeking truth from facts and firmly take the road of developing China’s characteristic capital market.After hundreds of years of development, the capital markets in western countries have formed some relatively mature experiences, and we should actively learn from them with an open and pragmatic attitude. At the same time, we should also see that China is building a capital market under the conditions of a socialist market economy. The development orientation, functions and responsibilities of the market must be adapted to the basic socialist system, and we must fully consider the current market foundation, investor structure and legal integrity environment in China. In recent years, the CSRC has adhered to the three principles of respecting the basic connotation of the registration system, learning from international best practices, and embodying the characteristics of China and its development stage, and successively promoted the pilot registration systems of science and technology innovation board, Growth Enterprise Market and Beijing Stock Exchange. While adhering to international common practices such as focusing on information disclosure, strengthening the responsibility of intermediary agencies, and promoting market-oriented pricing, it has made a series of distinctive institutional arrangements in the aspects of primary and secondary market balance, misplaced development of sectors, and investor protection. We should always persist in seeking truth from facts, boldly explore and carefully verify, take the reform of registration system as an opportunity, continue to deepen the reform of capital market in an all-round way, and strive to embark on a road of capital market development in line with China’s national conditions.

Adhere to marketization and rule of law, and create a stable, transparent and predictable development environment.The capital market is extremely demanding. We must adhere to the principle of "building a system, non-intervention, and zero tolerance", respect the laws of the market, abide by the spirit of contract, further promote the "streamline administration, delegate power, strengthen regulation and improve services" reform, give full play to the decisive role of the market in resource allocation, and better play the role of the government. In particular, we should correctly understand and grasp the characteristics and behavior laws of capital and guide the healthy development of capital norms. On the one hand, we should grasp the political and people-oriented nature of capital market supervision, guard the entrance, establish and improve the system and mechanism to prevent the disorderly expansion of capital with relevant parties, and maintain a fair market environment. On the other hand, to strengthen the coordination between securities supervision and industry supervision, we should not only shine a "red light" but also set a "green light", implement the "two unwavering", promote the common development of diversified ownership economies, protect property rights and intellectual property rights according to law, stimulate entrepreneurship and market innovation to create vitality, and better guide capital to serve the socialist market economy.

Adhere to the concept of system, and strive to build a new pattern of governance in which all parties build, govern and share.The capital market is an ecosystem with complex mechanism. Only by coordinating the relationship between the present and the long-term, the overall situation and the local situation, and constantly strengthening its own functions through reforming and perfecting the system, optimizing the structure and improving the ecology, can we better serve the real economy in a way of "moistening things quietly". This requires firmly establishing the overall concept, not only doing well the capital market’s own affairs, but also actively strengthening coordination with fiscal, taxation, monetary and industrial policies, giving full play to the enthusiasm of the central and local governments, and enhancing joint efforts in promoting medium and long-term capital to enter the market, improving the quality of listed companies, expanding the high-level opening up to the outside world, and cracking down on securities violations, so as to jointly create a good market ecology.

Adhere to the overall planning of reform, development and stability, and promote the stability of the capital market.The stable operation of the capital market is the basis for maintaining its normal function, and it is also the basic prerequisite for promoting reform and better serving the real economy. It is a law that the stock market goes up and down. The government should not and should not intervene in normal fluctuations and cannot spend money to buy indexes. However, non-intervention is not laissez-faire. We must always adhere to the bottom line thinking and resolutely prevent abnormal fluctuations caused by "market failure". This requires keeping the bottom line of risk and grasping the degree. At the same time, we must also realize that the stability of the capital market is not maintained, but changed. We must maintain our strength, persist in stimulating market vitality through reform, and enhance the endogenous motivation of market resilience and high-quality development.

Fourth, continuously improve the ability of the capital market to serve the high-quality development of the economy in the process of comprehensively deepening reforms.

At present, the great changes in the world that have not happened in a hundred years have accelerated their evolution, and the characteristics of changes in the world, times and history are more obvious. At the same time, China’s development is still in an important period of strategic opportunities, and the development of China’s capital market is still in an important period of great potential. We must adhere to the general tone of striving for progress through stability, resolutely implement the requirements of "preventing the epidemic, stabilizing the economy, and ensuring safe development", put risk prevention, steady growth, and promoting reform in a more prominent position, actively strengthen policy coordination with relevant departments, increase financial support for epidemic prevention and control and economic recovery and development, and strive to achieve market stability, policy stability, and expected stability.

Maintain the smooth operation of the market and strengthen the market function.The capital market is a "barometer" of the national economy, which reflects expectations and reflects confidence. Under the complicated and severe situation, it is of special significance to maintain the stable and healthy development of the capital market. Since the beginning of this year, due to the superposition of factors such as the Ukrainian crisis and repeated domestic epidemics, the market has experienced great fluctuations. Under the strong leadership of the CPC Central Committee, all parties concerned have made joint efforts, and the market has gradually stabilized and is expected to improve significantly. The CSRC will continue to take maintaining the smooth operation of the market as its top priority, strengthen macro-judgment, continue to exert efforts around stabilizing expectations, listed companies, funds and market behavior, strengthen the monitoring and analysis of marginal changes such as market capital flow, investor behavior and performance of listed companies, improve the endogenous stability mechanism of the capital market, and improve the risk response plan in extreme cases. At the same time, actively strengthen communication and coordination with macroeconomic management departments and industry authorities, maintain the stability and consistency of policy expectations, help effectively resolve the risks of real estate enterprises, promote the healthy development of platform economy norms, and strive to promote market stability and economic stability with expectations.

Fully implement the stock issuance and registration system to promote the optimal allocation of resources.The registration system is a "bull’s nose" project to comprehensively deepen the reform of the capital market, a key measure to develop direct financing, especially equity financing, and a major reform to improve the market-oriented allocation system and mechanism of factors. The 14th Five-Year Plan, the Central Economic Work Conference in 2021 and this year’s "Government Work Report" all made clear arrangements for the full implementation of stock issuance registration. Generally speaking, after nearly three years of pilot exploration, the registration system structure with information disclosure as the core has withstood the market test initially, the supporting system and the supply of the rule of law have been continuously improved, and the conditions for fully implementing the stock issuance registration system have basically been met. In the next step, the CSRC will firmly grasp the correct direction of reform, scientifically grasp the issues such as the audit and registration mechanism, the positioning of various sectors, and guide the healthy development of capital norms, and make preparations for rules, business and technology with "embroidery" to ensure the smooth landing of this major reform. At the same time, accelerate the reform of intermediary and investment, improve the judicial system and mechanism of securities law enforcement and the investor protection system, promote the innovation of key systems, and create a good institutional and ecological environment for the healthy development of the capital market.

Improve the multi-level capital market system and help stabilize the macro-economic market.Focus on macro-stabilizing leverage and micro-increasing vitality, further enhance the coverage and inclusiveness of capital market services, and better meet the differentiated development needs of enterprises of different types and stages. Grasp the key of supporting innovation, stick to science and technology innovation board’s "hard technology" positioning, speed up the improvement of the evaluation criteria for growth-oriented innovative start-up enterprises on the Growth Enterprise Market, highlight the blue-chip characteristics of the main board, strengthen the positioning of innovative small and medium-sized enterprises served by the North Exchange, and strive to form a pattern of dislocation development and moderate competition in various market sectors. Give full play to the role of "leading" and "feedback" of the North Stock Exchange, make overall plans to promote institutional innovation at the basic and innovative levels of the New Third Board, steadily expand the pilot scope of regional equity market innovation, improve the market interconnection mechanism at all levels, improve the basic system that is more suitable for the characteristics of SMEs, and create the main position of service-oriented innovative SMEs. Give full play to the strategic and basic role of private equity and venture capital funds in supporting innovation, further improve regulatory transparency and service efficiency, and smooth all links of fundraising, investment, management and withdrawal. The exchange bond market is an important part of the multi-level capital market system. By the end of June 2022, the size of this market in China had exceeded 19 trillion yuan, accounting for about 14% of the total domestic bond market, of which non-financial corporate bonds accounted for 43%. The CSRC will further improve the bond financing support mechanism for private enterprises, and strive to improve the availability and convenience of bond financing for private economy and small and medium-sized enterprises; Further promote the expansion of real estate investment trust funds in infrastructure and broaden the scope of pilot projects.Pay close attention to promoting the landing of affordable rental housing and private enterprise pilot projects, and help accelerate the formation of a virtuous circle of existing assets and new investment; Together with relevant parties, we will deepen the interconnection of the infrastructure of the bond market, improve the market-based legal bond default disposal mechanism, and accelerate the construction of a sound, orderly, transparent and open bond market system. At the same time, we will further improve the variety system of the futures market, promote more entities to participate in the futures market, and strengthen the joint supervision of futures and cash, so as to better help the overall situation of ensuring supply and stabilizing prices.

China Securities Regulatory Commission has continuously strengthened pragmatic cooperation between the mainland and Hong Kong markets and supported Hong Kong in consolidating its position as an international financial center. On October 18th, 2021, morgan stanley capital international (MSCI) China A50 Interconnection (USD) Index Futures was officially listed and traded on the Hong Kong Stock Exchange. The picture shows the advertisement of MSCI China A50 interconnection (USD) index futures on the big screen of Hong Kong Exchange Square. China News Service reporter Zhang Wei/photo

Improve the quality of listed companies and give full play to the "barometer" function of the capital market.Listed companies are an important micro-foundation for high-quality economic development. In recent years, the CSRC has thoroughly implemented the Opinions of the State Council on Further Improving the Quality of Listed Companies and the Implementation Plan for Improving the Delisting Mechanism of Listed Companies, which was deliberated and adopted by the Central Committee for Deep Reform, to promote the steady improvement of the quality of listed companies. The CSRC will continue to take improving the quality of listed companies as an important part of comprehensively deepening the reform of the capital market, insist on paying equal attention to good entrance clearance and smooth multiple exit channels, and insist on focusing on the two-wheel drive of information disclosure and corporate governance, further resolve outstanding problems such as false information disclosure and illegal occupation of guarantees by major shareholders, and guide listed companies to standardize governance, focus on their main businesses, and become better and stronger. At the same time, give full play to the role of the main channel of capital market mergers and acquisitions, support industry-leading listed companies to promote the coordinated development of small and medium-sized enterprises, and promote the integration of industrial chain supply chain and economic transformation and upgrading.

Coordinate openness and security, and expand high-level two-way opening.China’s capital market has grown in the process of opening up, and it will certainly grow in the process of further opening up. Facing the complicated international environment, the CSRC will resolutely implement the decision-making and deployment of the CPC Central Committee, make overall plans for opening up and security, and unswervingly promote the all-round institutional opening of markets, institutions and products. Accelerate the implementation of the overseas listing filing system for enterprises, keep the overseas listing channels open, support all kinds of enterprises to go overseas for listing according to laws and regulations, and make good use of the two markets and resources. We will continue to strengthen the construction of regulatory capacity under the conditions of opening up, and further improve the monitoring and supervision mechanism and risk response plan for cross-border funds. At the same time, strengthen pragmatic cooperation with the Hong Kong market, deepen the Shanghai-Shenzhen-Hong Kong Stock Connect mechanism, further promote the Hong Kong market’s ability to undertake the listing of domestic enterprises, support Hong Kong to consolidate its position as an international financial center, and promote the coordinated development of the two markets.

(The author is Party Secretary and Chairman of China Securities Regulatory Commission)

"It’s so easy to work abroad."

"Going abroad for gold, getting rich is not a dream"

Have you ever heard of such a demagogic advertisement? Under the temptation of high salary, some people risked smuggling and rushed to "overseas gold rush" dreaming of "getting rich overnight", but they did not know that what was waiting for them was an inescapable French Open. Recently, Xiangcheng District People’s Court held a public hearing to hear a case of illegally crossing the country (border).

Case review

At the end of June 2019, the defendant Xiao Wang saw the high-paying recruitment information of Bellamy waiters in WeChat group, so he added WeChat and sneaked out of Yunnan Province to work in a KTV in a certain place in Myanmar under the arrangement of Bellamy Company. After working for two months, Xiao Wang wanted to go back to China, so he asked a friend to find the local "snakehead" in Myanmar and sneaked back to China at his own expense of more than 3,000 yuan. In the following two years, Xiao Wang sneaked across the border five times in the same way. In 2023, when the police of the police station checked the returnees in northern Myanmar, they called Xiao Wang to check. Xiao Wang arrived at the case and truthfully confessed his criminal facts, and was criminally detained by the public security organs according to law.

Referee result

The court held that the defendant Xiao Wang violated the laws and regulations on border control and repeatedly crossed the border, and the circumstances were serious, which constituted the crime of crossing the border. Considering that the defendant Xiao Wang surrendered himself and truthfully confessed his crimes, he can be given a lighter punishment according to law; And the purpose of illegally leaving the country is to provide labor services, which has not caused social harmful consequences. Based on the principle of combining punishment with education, probation can be applied. Finally, the defendant Xiao Wang was convicted of crossing the border, sentenced to four months’ criminal detention, suspended for six months, and fined RMB 2,000.

Judge’s statement

The national border is sacred and inviolable, and it is illegal and criminal to cross the country (border) illegally. Please consciously abide by laws and regulations. Don’t believe in all kinds of overseas high-paying recruitment, take chances and take risks. Once you violate the national laws, you will be sent to hell to pay.

The picture comes from the Internet.

Hotline for filing a case: 0710-3606746

Executive consultation hotline: 0710-3606540

Contributed by: Wang Mengge, Audit Office

Graphic Creation by Xiangcheng District Court New Media Team

Issue 14, 2024

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　　CCTV News:According to the Shanghai Municipal Commission of Housing and Urban-Rural Development, in order to support the deepening of urban organic renewal and further give play to the institutional role of housing provident fund in improving residents’ living quality and people’s living conditions, the 69th plenary session of the Municipal Commission of Housing and Urban-Rural Development deliberated and adopted the Notice on Adjusting the Maximum Loan Term of Housing Provident Fund to Purchase Existing Housing in this Municipality and the Notice on Relevant Policies of Housing Provident Fund in this Municipality in Supporting Urban Renewal.

　　The Notice on Adjusting the Longest Loan Term of Housing Provident Fund to Purchase Stock Housing in this Municipality clearly stipulates that the longest loan term of housing provident fund for borrowers to purchase stock housing of 6 (inclusive) to 35 years old shall be adjusted. Among them, if the housing age of the purchased stock is between 6 (inclusive) and 20 years, the maximum loan period of the housing provident fund will be adjusted from the original calculation rule of not exceeding "35 minus the housing age" to not exceeding 30 years; If the housing age of the purchased stock is between 20 and 35 years, the maximum loan period of the housing provident fund will be adjusted from 15 years to 50 years.

　　The Notice on Relevant Policies of Housing Provident Fund Support for Urban Renewal in this Municipality clearly states that the implementation of housing provident fund support policies for old housing renovation projects included in the scope of urban renewal in this Municipality mainly includes three aspects:First, support the purchase of housing provident fund after renovation.Owners (property owners or public housing tenants, the same below) can withdraw the housing provident fund to pay the actual purchase price after purchasing the houses (including the increased area) with the transaction conditions after transformation.The second is to support the withdrawal of rental provident fund during the project construction period.If the owner rents a house for transitional resettlement during the construction period of the project, he can withdraw the housing provident fund to pay the rent borne by the individual after deducting the subsidy for transitional expenses.The third is to expand the scope of extracting applicants.The range of applicants is the owner himself, his spouse, parents and children. If the applicant is the borrower, the borrower’s spouse or co-borrower of this Municipality’s housing provident fund loan, it shall meet the conditions that the current loan is not overdue.

　　This policy adjustment has been officially implemented since October 7, 2023.

　　On December 28th, 2016, two satellites of Group 01 of Gaojing-1 were successfully launched in Taiyuan Satellite Launch Center with one arrow and two stars. (Xinhua News Agency)

　　On December 28, 2016, two satellites in Group 01 of Gaojing No.1 in China were successfully launched in the form of one arrow and two stars. As of January 10, 2017, the ground system has successfully received and processed 15 tracks of 1241 images. Since then, there have been two China-born "space detectives" in the vast universe.

　　As China’s first self-developed 0.5-meter high-resolution commercial remote sensing satellite, what unique skills does Gaojing-1 have and what is the significance of its launch? Please follow the footsteps of the Economic Daily reporter and approach the strongest commercial remote sensing small satellite in China’s history.

　　Break through the monopoly of remote sensing market

　　Looking down at Gaofen No.1, which covers 800 kilometers, we can bring the spatial resolution of China remote sensing satellite into Gaofen No.2 in the Ami era, and we can observe and image Gaofen No.3 & HELIP; …

　　Looking back at the remote sensing satellites launched in recent years, many people still remember them. However, the "protagonist" Gao Jing No.1, who is going to appear today, belongs to the remote sensing family, but it is more grounded. "In the past, China’s remote sensing satellites mostly provided public welfare services for the government and other departments, and Gaojing No.1 will provide more professional and quantitative remote sensing data for various commercial users." Xu Wen, general manager of China Siwei Surveying and Mapping Technology Co., Ltd., a specialized company of China Aerospace Science and Technology Corporation, which is responsible for the commercial operation of Gaojing No.1, said.

　　This positioning is not only the requirement of realizing the independent supply of data, but also has practical considerations. With the continuous development of technology application, the value of remote sensing has been continuously explored. The commercial remote sensing satellite companies, such as Digital Earth and Airbus, which have stood out from the market several times, have monopolized the high-resolution commercial remote sensing market in China.

　　According to the data provided by Xu Wen, China’s annual direct consumption of satellite raw data with resolution better than 2.5 meters is about 500 million yuan, and the growth rate is about 8%, of which foreign satellite data accounts for 75% of the market. What is even more difficult is that in the remote sensing data market, data with sub-meter level or above, especially with resolution better than 0.5 meters, is the mainstream consumption index. However, in the past, due to the performance of independent commercial remote sensing satellites, none of China’s commercial remote sensing satellites had a resolution of 0.5 meters.

　　In the 21st century, the application industry of remote sensing satellites serving various fields of national economy and social development is showing great growth. Xu Wen frankly said that because there is no right to speak, sometimes, even at a high price, you can’t buy much-needed sub-meter data.

　　Faced with some heavy reality, in September 2015, with the approval of the Ministry of Finance, Aerospace Science and Technology Group established a commercial remote sensing satellite company. Since then, Aerospace Dongfanghong Satellite Co., Ltd. has completed the development of two satellites in the 01 group of Gaojing-1 in 17 months. At the end of 2016, with the launch of these two satellites in Taiyuan, the situation that China’s commercial remote sensing was controlled by people came to an end.

　　"The successful launch of Gaojing No.1 has achieved a breakthrough in the commercialization of China’s domestic remote sensing satellite operation mode. Since then, China has owned independent remote sensing data with a resolution of 0.5 meters high." Jia Ke, director of the Party-mass Work Department of China Aerospace Science and Technology Corporation, said.

　　What does a resolution of 0.5m mean? This is a watershed in the global high-resolution commercial remote sensing satellite market. Previously, only the United States and South Korea reached this level. "The successful launch of Gaojing-1 marks that domestic commercial remote sensing satellites have officially entered the international first-class ranks." Zhang Xiaomin, deputy general manager of Aerospace Dongfanghong Satellite Co., Ltd. said.

　　For the general public, the most intuitive feeling is that the satellite is smaller and smaller. Taking crop monitoring as an example, it can not only identify the growth of crops, but also distinguish the subtle differences of crop colors in different periods. Compared with ordinary remote sensing satellites, the clarity is like the difference between high-definition TV and ordinary TV.

　　This special feature determines that Gaojing-1 is different. "It can not only collect more delicate details of ground objects, but also be suitable for high-precision map making, change monitoring and impact depth analysis. It can also shoot in a large width, which has unique advantages for large-area surface observation and environmental monitoring." Zhang Xiaomin said.

　　Small expert in space "gymnastics"

　　Resolution is only one of the parameters to measure the level of a satellite. For the satellite, it is also very important to make a large-angle attitude turn according to the actual needs, and quickly restore stability, image the target, and then obtain high-quality images.

　　To realize this feature, the satellite needs to "turn fast" and "turn steadily". However, it is not easy to have both fish and bear’s paw. In order to rotate fast, the torque output by the satellite’s actuator has to be large, but the inertia is small when the torque is large, and the satellite is not easy to stabilize quickly, which can not provide the necessary attitude stability conditions for high-resolution imaging.

　　Gaojing-1, with a single star weighing only 500 kilograms, did it. Zhang Xiaomin said that Gaojing-1 adopted the newly developed variable-speed control moment gyro in China. In the past, the combination of momentum wheel and control moment gyro was used for satellite attitude control. Momentum wheel is like the open arms of a balance beam athlete. It can adjust or stabilize the attitude of the satellite by adjusting the speed of the internal high-speed rotating wheel. Although it has high accuracy, its strength is small and its adjustment speed is slow. The control moment gyro can adjust the attitude of the satellite by adjusting the direction of the rotating shaft of the high-speed rotating wheel, which can provide "the power of the wild" and speed up the adjustment, but the accuracy is slightly poor.

　　The variable speed control moment gyro combines the advantages of both, which can be used as both a control moment gyro and a momentum wheel. When working in the "control moment gyro" mode, the attitude of the satellite can be adjusted quickly, and when working in the "momentum wheel" mode, the satellite can be stabilized accurately, and it can also be switched smoothly between the two modes. In this way, in the aspect of attitude control, Gao Jing-1 is like an all-around space gymnast, who can "move like a rabbit" or "be quiet like a virgin" instantly.

　　The two satellites launched this time are only some members of the Gaojing No.1 family. According to the established plan, two satellites of Gaojing-1 Group 02 will be completed and put into the market before the middle of 2017. "Four commercial remote sensing satellite constellations with a spatial resolution of 0.5 meters are the first in the world." Xu Wen said.

　　The so-called constellation is a name relative to a single satellite. What is the significance of this multi-star combination? Xu Wen has a relatively popular explanation: the earth is turning, and the satellites are also turning. It usually takes several days for a single satellite to repeatedly observe the same feature. Because common remote sensing satellites operate in low orbit to ensure spatial resolution, the observation area is relatively small, and it is impossible to continuously observe the same place, so they can only take photos when passing over the point. With the constellation, it is easier to revisit the old place in a short time.

　　Xu Wen said that the design of Gaojing-1 constellation aims to solve two main problems, one is to repeatedly observe the same feature, and the other is to realize dynamic observation. In terms of disaster and environmental monitoring and forecasting, the 0.5-meter high-resolution remote sensing satellite constellation has more advantages. For example, when an earthquake occurs, it may take a day or two to receive the data of the disaster area. Now, after forming a constellation, it takes only one or two hours to know the situation of the disaster area.

　　According to the design, after the four remote sensing satellites with a resolution of 0.5 meters are networked and operated in 2017, they can revisit any place in the world once a day, which means that as long as the weather conditions are good, the landscape of any region in the world can be panoramic.

　　Going abroad will be expected.

　　Moreover, in terms of the number of satellites, types of earth observation, collection capacity, etc., the constellation will also have the international first-class level: the daily collection capacity will reach 3 million square kilometers, and it can cover ten domestic cities (Beijing, Shanghai, Guangzhou, Shenzhen, Tianjin, Chongqing, Shenyang, Chengdu, Xi ‘an and Wuhan) once every three days.

　　More importantly, thanks to the construction of constellations, the spatial resolution of Gaojing-1 will be increased from the current 0.5 meters to 0.4 meters or even 0.3 meters. This index will approach the highest level of commercial remote sensing satellites at present, that is, 0.31 meters.

　　Of course, this is only the first step. According to Yang Yike, director of the Aerospace Department of China Aerospace Science and Technology Corporation, Gaojing-1 is only the first star of the first phase of commercial remote sensing "16+4+4+X" system construction. According to the plan, the "16+4+4+X" commercial remote sensing satellite system will be built around 2022. The system includes 16 high-resolution optical satellites with 0.5m resolution, 4 high-end optical satellites, 4 synthetic aperture radar satellites and several remote sensing satellite constellations combined with hyperspectral and video satellites. After the system is finally completed, the daily collection capacity will reach 12 million square kilometers, and it can cover ten major cities in China once a day. With the all-weather and all-day observation ability of radar satellites, it can achieve hourly high-resolution remote sensing data acquisition.

　　Talking about the future of Gaojing-1, Xu Wen said that Gaojing-1 will be delivered to Beijing Aerospace Shijing Technology Co., Ltd., a subsidiary of China Siwei Surveying and Mapping Technology Co., Ltd., for data promotion. Satellites will provide high-quality services in land and resources investigation, surveying and mapping, environmental monitoring, etc., and may also be used in new markets — — Urban construction planning, real estate investment, industrial facilities evaluation, finance and insurance, Internet industry and many other aspects show their talents, providing satellite data for industry-level and individual consumer users. For example, in the insurance field, Digital Earth has worked together with its partners to help insurance companies quickly and accurately estimate losses after disasters.

　　"Thanks to the improvement of resolution, Gaojing No.1 can send back a large number of valuable high-definition remote sensing images as needed, bringing the public into the era of reading pictures in space." Xu Wen said.

　　On the basis of consolidating the domestic market, Gaojing No.1 will also actively go abroad. Xu Wen revealed that Gaojing-1 will provide global users with all-weather remote sensing data services and application system solution services, accelerate the transformation of existing domestic remote sensing satellites into "market business", and lead the marketization, industrialization and internationalization of independent remote sensing satellites. In the future, it will also provide high-quality remote sensing satellite data and value-added services to domestic and foreign customers. (Shen Hui)

　　Xinhuanet Beijing, July 3 (Reporter Li Zhiqiang) From July 1, many places began to implement the new year’s housing provident fund deposit policy: the implementation period of the policy of reducing the proportion of enterprise housing provident fund deposit was extended to April 30, 2020, the proportion and upper and lower limits of housing provident fund deposit were standardized, and the upper limit of provident fund deposit base or the upper limit of monthly deposit was adjusted. Enterprises with difficulties in production and operation can apply for reducing the proportion of housing provident fund deposit or delaying payment.

　　Reduce the proportion of enterprise housing provident fund deposit and extend the period

　　Recently, housing provident fund management departments in Beijing, Nanjing, Harbin and other places issued notices to strictly implement the Notice on Improving the Housing Provident Fund Deposit Mechanism to Further Reduce Enterprise Costs issued by the Ministry of Housing and Urban-Rural Development, the Ministry of Finance and the People’s Bank of China in April this year. In order to reduce the cost of the real economy and reduce the non-tax burden of enterprises, the policy of appropriately reducing the proportion of enterprise housing provident fund deposit in stages was extended to April 30, 2020.

　　In April 2016, the Ministry of Housing and Urban-Rural Development, the National Development and Reform Commission, the Ministry of Finance and the People’s Bank of China jointly issued a document clarifying that the policy of appropriately reducing the proportion of housing provident fund contributions in stages will be implemented from May 1, 2016, and will be temporarily implemented for two years.

　　Standardize the deposit ratio and upper and lower limits of housing provident fund

　　The notice issued by the Ministry of Housing and Urban-Rural Development and the Ministry of Finance in April this year once again standardized and adjusted the deposit ratio of housing provident fund and expanded the floating range of the deposit ratio of housing provident fund. The lower limit of the housing provident fund deposit ratio is 5%, and the upper limit is determined by each region according to procedures, but the maximum shall not exceed 12%. The deposit unit can independently determine the proportion of housing provident fund deposit within the upper limit range of 5% to local regulations; Effectively standardize the upper limit of the housing provident fund deposit base. The monthly salary base of local housing provident fund deposit shall not be higher than 3 times the average monthly salary of employees in the previous year published by the statistical department of the city where the employees work. Where more than 3 times, will be standardized and adjusted.

　　According to the spirit of the notice, all localities can be in 12%— 5% within the scope of the upper and lower limits, decide the upper and lower limits of the local provident fund deposit ratio. Across the country, Beijing, Nanjing, Xi ‘an, Qingdao, Yangzhou and other cities have made it clear that the upper and lower limits of the proportion of housing provident fund paid by units and employees themselves are 12%— 5%。 In some areas, the upper and lower limits are limited according to local actual conditions. For example, Jilin province stipulates that the upper and lower limits of the housing provident fund deposit ratio are 7% in principle. Shanghai has made it clear that in 2018, the contribution ratio of employees and units to housing provident fund is 5% to 7% respectively, and units can independently determine the contribution ratio of provident fund within the range of 5% to 7% respectively.

　　Raise the upper limit of the monthly deposit of housing provident fund in many places

　　The upper limit of the monthly deposit of housing provident fund is determined by the upper limit of the deposit base, which is linked to the average salary of employees in the previous year. According to the notice of the Ministry of Housing and Urban-Rural Development and other three departments, the upper limit of the deposit base of provident funds in various places is three times the average monthly salary of local employees in the previous year.

　　Recently, the housing provident fund management departments in many places have issued notices one after another, clearly stipulating the upper limit of the individual housing provident fund deposit base or the upper limit of the monthly deposit amount in the new provident fund year (July 1, 2018 to June 30, 2019). If Beijing is clear, the upper limit of the deposit base of housing provident fund in the new year is 25,401 yuan, and the upper limit of the monthly deposit is 6,096 yuan. Guangzhou and Tianjin, both first-tier cities, issued a document clarifying the upper limit of the monthly deposit base of the provident fund, which is 24,654 yuan and 24,240 yuan respectively. Nanjing has made it clear that the upper limit of the provident fund deposit base is 25,300 yuan.

　　With the increase of the average wage of employees in last year, according to statistics, from a national perspective, the upper limit of the monthly deposit of housing provident fund in a few cities such as Beijing, Nanjing, Jinan and Lishui exceeded 6,000 yuan (corresponding to the deposit base of provident fund of 25,000 yuan). Among them, the upper limit of the monthly contribution of the provident fund in Jinan and Lishui exceeds that in Beijing.

　　Enterprises with difficulties in production and operation may apply for reducing the deposit ratio.

　　The housing provident fund management departments in many places issued a notice saying that enterprises with production and operation difficulties that meet the prescribed conditions can apply for reducing the proportion of housing provident fund deposit or delaying the payment of housing provident fund according to procedures.

　　Beijing has clarified the specific conditions for enterprises to apply for reducing the proportion of provident fund deposits or delaying payment. For enterprises with difficulties in production and operation, if there is no workers’ congress or trade union through discussion, with the consent of more than two-thirds of all employees, they can apply for reducing the proportion of housing provident fund deposit or applying for holdover within 1%-4%.

　　According to Shanghai regulations, enterprises with difficulties in production and operation that meet the prescribed conditions may apply for reducing the proportion of housing provident fund deposit or delaying the payment of housing provident fund. Enterprises can apply to reduce the deposit ratio to less than 5%. Enterprises applying for reducing the deposit ratio or holdover of housing provident fund shall be discussed and approved by the workers’ congress or trade union of the unit and apply to the municipal provident fund management center.

　　Tianjin stipulates that enterprises with difficulties in production and operation can apply for reducing the deposit ratio after discussion and approval by the workers’ congress or the workers’ congress (trade union), and the reduction ratio will be adjusted from the current 5% for the unit and 5% for the employees to 1% for the unit and 1% for the employees. At the same time, the requirement of "loss in the previous year" for applying for reducing the proportion will be cancelled.

　　Nanjing stipulates that if it is really difficult for an enterprise to make a deposit, it may reduce the deposit ratio or postpone the payment after being discussed and approved by the workers’ congress or the trade union of the enterprise and audited by the Nanjing Housing Provident Fund Management Center (sub-center). After the economic benefits of the enterprise improve, the deposit ratio will be increased or the deposit will be resumed and the deferred payment will be paid. The minimum deposit ratio shall not be less than 5%.

　　With the influence of cold air southward and strong convective weather, rainfall in Jiangxi has strengthened again. At 4: 09 pm on May 5, Jiangxi Meteorological Observatory issued an orange rainstorm warning. Affected by heavy rainfall, floods occurred in Tonggu County and Zhangshu City of Yichun, and waterlogging occurred in Liangshan Town, Yushui District, Xinyu City. After the dangerous situation occurred, all localities and departments coordinated with each other, actively responded to the disposal and eliminated the dangerous situation.

　　Affected by strong convective weather such as short-term heavy precipitation and lightning, heavy rains suddenly fell in Chongren County of Fuzhou City and Yushui District of Xinyu City. From 3: 00 pm to 6: 00 pm on the 5th, the three-hour rainfall in Xinyu City was 37.1 mm, with Liangshan Town in Yushui District having the largest rainfall of 92.5 mm.. Short-term heavy rainfall has caused serious water accumulation in some sections of Liangshan Town and blocked traffic. Local township cadres acted quickly to carry out drainage and help shops along the street to prevent stagnant water from flooding into shops.

　　It rained heavily in Tonggu County and Zhangshu City of Yichun. The 24-hour rainfall in Paibu Town, Tonggu County reached 164.8 mm, causing floods. Floods have caused damage to houses, flooding of crops and traffic interruption of highway trunk lines due to landslides in Dagushan Forest Farm, Tonggu County. After the dangerous situation occurred, the local authorities quickly organized personnel and machinery to rush through the highway trunk lines. According to incomplete statistics, as of 7: 00 pm on the 5th, the flood disaster process has caused 1011 people in Tonggu County and Zhangshu City of Yichun City to be affected, and 36 people were urgently transferred and resettled. As of press time, the trunk highways in Tonggu County have been fully opened to traffic.

　　At 5pm on the 5th, Jiangxi Hydrological Monitoring Center and Jiangxi Meteorological Observatory jointly issued a blue warning of meteorological risks of floods and flash floods in small and medium-sized rivers: It is estimated that floods and flash floods in small and medium-sized rivers may occur in Ganzhou, Ji ‘an, Pingxiang, Yichun, Xinyu, Fuzhou, Shangrao, Nanchang and Jiujiang from 20: 00 on May 5th to 20: 00 on May 6th (Grade IV). All localities are actively responding to prevent floods and flash floods in small and medium-sized rivers.

　　(Headquarters reporter Yang Ping Liu Yang)

　　CCTV News:On May 10th, Wang Moujian, a parent of a primary school student in Shangrao, Jiangxi, stabbed Liu Mouchen to death with a knife in the classroom.

　　According to the screenshot of the chat of WeChat group in related classes transmitted by the Internet, on May 9, the day before the incident, Wang Moujian once said that his daughter had been bullied by Liu Mouchen in school for a long time, and said that she would wait for the murdered students at the school gate every day. The victim’s father and the class teacher, Mr. Wang, replied that the matter had just been known and would be dealt with.

　　Liu Mouchen’s father said that this was sent to a large group by him (Wang Moujian). After sending this message, I returned to them in time. I said I was sorry. This is really the first time I heard about it. I almost apologized here.

　　Liu’s father said that his children did not bully their classmates for a long time. Afterwards, he also added the girl’s mother’s WeChat to communicate.

　　Liu Mouchen’s father said, I added (girl’s) child’s mother’s WeChat, and then the two of us negotiated, your parents, our parents, and we went to their class teacher Wang to deal with it before the class teacher Wang.

　　It was originally planned that the parents of both sides would meet and communicate on May 10th, but in the end, due to the dissuasion of the class teacher, the negotiation could not be reached.

　　Liu Mouchen’s father said that it was their teacher who said that the meeting could not be reconciled. This (girl’s) father was an unreasonable person, so he cancelled this time to discuss this matter together.

　　On the morning of the incident, Liu’s father personally sent the murdered students to the classroom and left without meeting the girl’s parents. As for how the girl’s parents negotiated after meeting the head teacher that day, he was not clear. As a result, it was not long before the child was delivered, and he received a phone call from Liu Mouchen who was killed. At present, Wang Moujian has been criminally detained according to law. Zhu, the principal of the incident school, has been suspended for inspection. The investigation of the case is being further carried out. It is reported that some students in the victim’s class witnessed the process of Wang Moujian’s murder. On the night of the incident, the school invited psychologists to psychologically intervene the students.

　　Mr. Hu, the head of Shangrao Psychological Counselors Association, said that one is to call it Class Three One, change him to another class and replace the scene, so as not to cause this secondary injury again. The second is that I gave psychological counseling to the students in this class yesterday afternoon and took two classes.

[Original of Truck House] Although it is very tiring to pull Lutong, because Lutong vehicles can avoid high-speed tolls, if you pull Lutong goods, the freight can earn more. However, we need to remind card friends that high-speed is not free in the following situations.

A car full of oysters declared green pass at the exit of the high-speed toll station. But the green pass inspector found thatoysterThey are all connected in series with nylon ropes, which are obviously oyster seedlings for breeding. The toll collector told the driver that he could not enjoy the green pass reduction policy.

Oyster seedlings are seafood, too. Why can’t they be free? Because "cultured seedlings do not belong to the variety scope of the National Expressway Green Passage" Catalogue of Fresh Agricultural Products ",they cannot enjoy the Green Pass reduction and exemption policy."

After a pickup truck carrying razor clams drove into the toll booth, the toll collector found that there was no cargo at the tail of the truck. On the whole, the shipment of razor clams only accounted for 70%, and the weight of the cargo did not reach 80% of the vehicle’s nuclear load.

According to the data, the total weight of the vehicle cargo is 2.04 tons, and the total weight of the vehicle cargo needs to reach 2.19 tons according to the driving license. Because the cargo space and nuclear load did not meet the requirements of the free range, the driver had to pay all the high-speed tolls.

One car is declared as a green pass, but the toll collector.Open the car door,I saw all the sacks full of goods, and one or two sacks on the outermost side were snails, but the other bagsIt’s all shell feed for crabs.

Because this is a carYou can’t use the green pass free policy for mixed vehicles.

A truck full of pigs asked for free release. However, during the actual inspection, it was found that all the big pigs were loaded on the car, which should be taken to the slaughterhouse for slaughter.

According to the latest national regulations, pigs slaughtered do not belong to the free agricultural products stipulated in the Green Passage Policy for Fresh Agricultural Products Transportation, so they cannot enjoy the Green Pass free policy.

● 　Postscript

The state has regulations on the products of Lutong. If they are not in the product catalogue, card friends still have to make up all the tolls. In addition, even if you are pulling the goods of Green Link, if the weight and space of the goods can’t reach the free standard, you should also charge the full toll. Therefore, if card friends pull the goods, they must talk to the owner in advance.

　　Xinhua News Agency, Beijing, August 12th Title: Adhere to the overall promotion and strengthen the supporting and convergence of reform.

　　Xinhua News Agency reporter Gao Jianjun

　　Reform and opening up is a profound and comprehensive social change, and each reform will have an important impact on other reforms, and each reform needs the cooperation of other reforms. The General Secretary of the Supreme Leader stressed that it is necessary to adhere to the overall promotion, strengthen the coordination and convergence of reforms in different periods and in different aspects, pay attention to the overall effect of reform measures, and prevent the abnormal weight, individual soldiers from rushing forward, and paying attention to one thing.

　　The reform measures deployed by the Third Plenary Session of the 20th Central Committee of the Communist Party of China have a high degree of relevance and strong coordination. In the course of implementation, we can’t go it alone and make a sudden advance, and we can’t disrupt the battle and grab the beard. It is necessary to adhere to the principle of first standing before breaking, not standing before breaking, accurately grasping the strategic focus of reform, rationally arranging the sequence and timing of reform measures, and proceeding step by step and steadily according to priorities, without being ahead or lagging behind.

　　At present, those who reflect the most concentrated, urgent and need to fight a tough battle must pay close attention to reform. Deepening the reform in an all-round way has entered the critical period and deep water area, and there are many reform items and the reform is more difficult. Be sure, even hard bones should be decisively attacked and seize the opportunity. Only by gnawing hard bones can we break through the rapids and rapids.

　　If it takes a long time to make contributions and fight a protracted war, it will be Xu Tuzhi. For issues involving great interests and strong complexity, it is necessary to be prepared for a protracted war, demonstrate carefully, make overall plans and advance step by step. Only when the reform is carried out slowly can all kinds of risks be controlled to a minimum and the reform be truly effective.

　　In the process of reform, it is often slow and urgent, and urgent and slow. It is necessary to organically combine the style of reform with Xu Tuzhi’s strategy, maintain strategic strength and patience in the urgent and dangerous tasks, and adhere to a blueprint to draw it to the end, dripping water wears away the stone, making contributions for a long time, and steadily and steadily. Only with a realistic attitude, following the objective law of things development and conforming to the new requirements of practical development can the reform policy take root and play a long-term role.

　　New Yushu: the most beautiful hometown in children’s paintings

　　— — The Happy Life in the Picture of Datang Studio of Yushu No.1 Complete Primary School

"All ethnic groups unite like pomegranate seeds" Cai Ren Yongji

　　On the 10th anniversary of the April 14th Yushu earthquake, Yushu finished the primary school Datang Studio and created its own exquisite picture album — — "Painting Collection of Datang Studio of Yushu No.1 Complete Primary School" is a gift for the new Yushu after the 10th anniversary of the earthquake. The children reported to the motherland and the people with their own hand-painted works, praising the new Yushu for its dazzling brilliance with the assistance of the party, the government and the people of the whole country. The image ambassador of "cookie baby" in the album represents the "earthquake baby" born in the earthquake. These children born in the earthquake have grown up happily today, and their works with their own feelings have made the album more memorable.

Welcome to Yushu Tashi Lamao

Pubunan River in Military and Civilian Fish and Water Situation

　　"I was Cai Ren Yongji who was rescued from the buried ruins by rescuers for 48 hours in the Yushu earthquake ten years ago. I was a baby of more than seven months at that time. I was scared and hungry, with tears on my face, clutching the biscuits handed by the rescuers, so I was also ‘ Cookie baby ’ Famous for this title. Today, I am 10 years old and a young pioneer. My painting "All ethnic groups are United like pomegranate seeds" is a tribute to the solidarity of people of all ethnic groups in Yushu during the earthquake. With the ten-year construction of the new Yushu, we are also thriving in the beautiful new Yushu. " Cai Ren Yongji has bright eyes, and she expresses her inner feelings.

"New Yushu, New Home" Cai Ren Yongji

"One party is in trouble and all directions support" is a noble treasure.

　　"My family has several cattle and sheep. In order to support me to go to school, my parents also sold a cow. I know the conditions in my family. It is not easy for my parents to raise four children. But since I came into contact with painting, I have been deeply fascinated by painting. When I need a brush or sketch paper, I never dare to open my mouth to my parents. Most of them are helped by school teachers and relatives and friends. One day, I took a fancy to a painting tool. I took out the pocket money I had saved for several years, and pooled the money my father asked me to buy new shoes. With the help of my teacher, I finally got my favorite painting tool. I want to use these colorful paintings to paint my beautiful hometown, vast grasslands, cattle and sheep, snow-capped mountains, high clouds and happy children, so that people all over the country can see the beautiful new Yushu. Painting has a great influence on me and makes me feel happy inside. Thanks to the teacher who brought me to a world full of color and beauty. I hope that one day I can become an admirable painter like a teacher. " The little boy named Zaba expressed his love for painting with excitement.

"Kangba Dance" became my color.

"Heavenly Road" is a talented person.

Animals from the Three Rivers: Tibet, Russia and Zhou Dynasty

　　The Yushu earthquake on April 14th, 2010 touched the hearts of people all over the country. This day also made a painter leave a wish — — Go to Yushu to teach.

　　Chen Youlong is an art teacher of Guchengtai Primary School in Xining City, a well-known painter in Qinghai Province and a director of Qinghai Artists Association. He is an artist I know who is low-key, practical and indifferent to fame and fortune. In 2014, Chen Youlong came to Yushu to teach. "I find that the dolls here are particularly talented in art, so I want to teach them my most valuable painting skills in one year’s teaching time and train as many children with painting expertise as possible. This is also my professional responsibility and obligation as a teacher." Teacher Chen speaks his mind from the bottom of his heart. He lived up to his promise with his actions. In a blink of an eye, one year’s teaching time has passed. The school held the "Art Exhibition of Datang Studio of Yushu First Complete Primary School" at Kangba Art Center in Yushu City, which is not only a display of children’s learning achievements, but also a report of Chen Youlong’s teaching achievements. Unexpectedly, the exhibition was a great success! It has been well received by all walks of life in Yushu. In particular, everyone gave high praise to children’s artistic paintings full of spirituality. Relevant leaders fully affirmed Mr. Chen Youlong, who educated Yushu campus to beauty and contributed to the aesthetic education of Meirunde. At the same time, I hope this responsible teacher can continue to teach. "I was also very touched! So I promised to stay in Yushu and contribute to the Qingnan area. " Chen Youlong is very pleased to say. This is six years, and he has become a Yushu person.The Datang Studio opened the window of art for more children and sowed a beautiful seed for their hearts.

　　With the great attention of the leaders of Yushu Education Bureau, the continuous care of Beijing Lianyi Charity Foundation and the strong support of President Geng Gadan Zhou, the Datang Studio has achieved remarkable results in recent years. It has been highly praised by leaders of Yushu Tibetan Autonomous Prefecture and Yushu City! The children participated in international, national, provincial and Yushu competitions and exhibitions, and all kinds of honors were harvested. In 2017 and 2019, at the invitation of Beijing, two sessions of "Yujian" Yushu Quality Education Achievement Exhibition were successfully held. Among them, the works of 12 students, including Ge Sang Zhuo Ma, were collected by the Shanghai Cooperation Organization Pavilion of the 2017 Astana World Expo and won the honorary title of "Cultural Messenger of the 2017 Astana World Expo"; In 2019, five students won prizes in the national stamp live painting organized by the Soong Ching Ling Foundation.

"Happy Cordyceps Festival" Luo Song Ding Zeng

　　On the occasion of the 10th anniversary of the Yushu earthquake, the collection of paintings of Datang Studio, the first complete primary school in Yushu City, shows the happy life painted by children in Yushu with childlike innocence, and expresses their love for the motherland, hometown and teachers. With pure hearts and dexterous hands, they depict the gorgeous style of Yushu. I was moved by the talent of Yushu children, the selfless teacher, the courage and responsibility. In the face of my interview, Chen Youlong repeatedly said: "Don’t promote me, for me, nothing is needed. I hope to publicize the children of Yushu more, so that more people can understand and pay attention to these simple, smart, lovely and naive plateau angels. "

"Yushu Pot Dance" Yongji

"The Builder of the New Yushu" has been flourishing for a long time.

　　Fortunately, Mr. Chen Youlong not only taught many ingenious Yushu "little painters", but also trained his right-hand man, Duo Jiecai Ren, in a few years. — Art teacher of Yushu No.1 Complete Primary School. He won the title of expert in art teaching for four consecutive years from 2016 to 2019. This has added new strength to Yushu aesthetic education.

Children in Yushu are showing their paintings.

　　There are children as full of vigor and sunshine as the sun.

　　There is such a good teacher who works hard.

　　Believe in Yushu’s tomorrow

　　Will be more gorgeous and beautiful.