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爱上海419论坛|夜上海论坛|上海后花园论坛|上海品茶网 Skip to content 爱上海419论坛|夜上海论坛|上海后花园论坛|上海品茶网 Zhoushan, Zhejiang: Digging deep and thoroughly, successfully prosecuting the "dock owner" of refined oil smuggling. 2026年6月10日 | admin | A1 Who is "Sigh" behind the scenes? Zhoushan, Zhejiang: Digging deep and thoroughly, successfully prosecuting the "dock owner" of refined oil smuggling. In the handling of an extraordinarily large refined oil smuggling case, several suspects mentioned a dock owner named "Sigh" together, but "Sigh" did not appear among the investigated objects. The prosecutor was keenly aware that it might be a "fish that slipped through the net", promptly supervised the case, dug deep into the clues of the case, and successfully prosecuted the dock owner Cai, who was hidden behind the scenes, through self-supplementary investigation and locking up the evidence chain. "In the face of the difficulties in handling cases, we must have the’ artisan spirit’, do not let go of any doubts, conduct a penetrating review, and ensure that the facts of the case are clear and the evidence is true and sufficient, so as to accurately identify the facts of the crime and run every case with high quality and efficiency." On March 12, the procurator of Zhoushan City Procuratorate in Zhejiang Province, who handled the case, said to his colleagues when summing up the experience in handling the case. The prosecutor handling the case analyzed and discussed the identity information of "Sigh" and "Manager Cai". Wharf involved in the case late night Smugglers Disappeared in "Wild Pier" Late at night on December 11, 2020, in the sea area near Xiangshan County, a ship carrying a large amount of smuggled refined oil slowly approached the wild wharf near a small fishing village, washed the beach to unload the oil to the oil depot beside the wharf, and then quietly disappeared into the night. The owner of the smuggled oil on the shore is hiding in the dark, and a group of "younger brothers" are remotely controlled by the phone to organize tanker trucks to transfer oil products and prepare for the next distribution. At this time, the public security police in Xiangshan County, which received the call from the masses, rushed to the scene. After a riot, the police seized five tankers and some oil products, and arrested a Yang who claimed to be the head of an oil company. Because the smuggled oil tanker was not seized at the scene, the public security organs could only impose corresponding administrative penalties on Yang for illegally storing dangerous substances. In March, 2021, Zhoushan Customs Anti-smuggling Branch cracked a large smuggling case of refined oil. The suspect Wang and others repeatedly used the self-purchased oil tanker to smuggle refined oil to Ningbo for profit. With the arrest of this criminal gang smuggling refined oil products at sea, the mysterious ship that disappeared in the fishing village wild dock a few months ago gradually surfaced. In September of the same year, Zhoushan Customs Anti-smuggling Branch transferred the cases of smuggling ordinary goods such as Wang, Zhou and Zhang to Zhoushan Procuratorate for review and prosecution. In January 2022, Zhoushan City Procuratorate filed a public prosecution against Wang and others for the crime of smuggling ordinary goods to Zhoushan Intermediate People’s Court. In April of the same year, after trial, the court sentenced the defendant Wang to 11 years and 6 months in prison and fined him 8 million yuan; The defendant Zhang was sentenced to four years in prison and fined 300,000 yuan; Zhou was sentenced to three years in prison, suspended for four years and fined 50 thousand yuan. "On December 11, 2020, at Xiangshan beach, the owner was’ Sigh’, and we also paid the dock use fee to him every time we unloaded the oil." When examining the case file and interrogating the suspect, the prosecutor found that Wang, Zhou and others all mentioned a dock owner named "Sigh", but this person did not appear in the list of suspects, and the prosecutor keenly smelled something unusual. In addition, in the administrative case of "Yang suspected of illegally storing dangerous substances" attached to the case, the prosecutor found that although Yang claimed to be the owner of the oil company, he could not tell the registered address of the company, and he talked frequently with a phone number whose owner was "Manager Cai" on the night of being arrested. Whether it is the confession of the smuggling suspect Wang and others or Yang’s abnormal performance, they all point the clues to the boss behind the scenes, "Sigh". Who is "Sigh"? Who is "Manager Cai"? What role did they play in this smuggling case? There seems to be another person hiding behind the smuggling gang that seems to have been wiped out. Dig deep and thoroughly Find out the behind-the-scenes dock owner On November 2, 2021, the prosecutor returned the case of smuggling ordinary goods by Wang and others to supplementary investigation, and guided the investigation organ to trace the identity of "Sigh" according to Yang’s confession and the owner information of "Manager Cai" who contacted him on the phone that night. After the investigation, the investigation organ verified that the owner information of this number was an auto parts company in Zhejiang. At the same time, the prosecutor handling the case began to supplement the investigation on his own according to the existing evidence materials. Through the big data comparison collision, it was found that the actual operator of an auto parts company in Zhejiang was Cai, and he served as the supervisor of the oil company mentioned by Yang. The serial connection of a series of information further verified the prosecutor’s analysis and judgment: this Cai is probably "Sigh". Subsequently, the prosecutor in charge of the case obtained the identity information and photos of Cai from the national population information inquiry platform through the mechanism of investigation, supervision and cooperation, and finally identified Cai as the "Sigh" in this case through the identification of accomplices Wang and Zhou. On February 10, 2022, Zhoushan City Procuratorate issued the Notice of Request for Explaining the Reasons for Not Filing a Case to the investigation organ. On the 17th of the same month, the investigation organ decided to criminally detain the suspect Cai. Soon, Cai was arrested and brought to justice Lock the chain of evidence "Zero confession" can’t escape the law. On January 31, 2023, Zhoushan Customs Anti-smuggling Branch transferred the suspect Cai to review and prosecute on suspicion of smuggling ordinary goods. "The dock belongs to the village. We have never used it. The oil depot on the dock is rented by the company, and the oil stored is also purchased through formal channels." After Cai arrived at the case, he always made a "zero confession" and refused to admit that he was involved in smuggling crimes. After preliminary examination, the prosecutor found that Cai was not the object of investigation in the smuggling case of Wang and others, and the evidence in the original case was only the sporadic confession of the accomplice about "Sigh". From the objective evidence, the suspects have a strong anti-investigation consciousness, and all use cash and "black card" transactions that can be thrown at once. It is difficult to establish an objective connection between Cai and Wang’s smuggling gang through bank running water or call records. The "zero confession" of the criminal suspect, coupled with the weak evidence on file, has brought great difficulty to the handling of the case. In order to further clarify the case and consolidate the evidence chain, the prosecutor handling the case once again comprehensively sorted out the smuggling cases of Wang and others. By classifying, analyzing and judging the confessions and witness testimony of Wang and others, the prosecutor handling the case listed a detailed supplementary investigation outline from the aspects of finding out the ownership of the dock, verifying the actual operator of the oil company and the source components of the oil products, and guided the investigation organs to carry out comprehensive supplementary investigations and reinforce the evidence. Through further investigation, the investigation organ verified that Cai was not only the actual operator of the oil company, but also obtained the actual right to use the terminal by renting the oil depot near the terminal. In particular, by comparing the oil products seized in Wang’s smuggling case, the oil products seized in the tanker on the night of rushing to the beach, and the three oil sample test reports of the oil products provided by the oil supplier of Cai’s oil company, the prosecutor confirmed that the oil products seized on the night of rushing to the beach were consistent with the smuggled oil seized in Wang’s case, which made Cai’s argument that the oil products sold were legal sources self-defeating. In the face of hard evidence, Cai can only bow his head and acquiesce in his smuggling behavior. The procuratorial organ finally found out that from September to December, 2020, the criminal suspect Cai participated in the smuggling of fuel oil eight times by providing unloading docks for cargo owners and directly purchasing smuggled oil, and the amount of tax evasion reached 3.28 million yuan. In June 2023, Zhoushan City Procuratorate filed a public prosecution against Cai for the crime of smuggling ordinary goods to Zhoushan Intermediate People’s Court. After trial, the court adopted the accusation of the procuratorate and found that Cai violated customs regulations, evaded customs supervision, and smuggled fuel oil into the country with others for profit. The tax payable was particularly huge, which was a joint crime. According to the law, Cai was sentenced to seven years in prison for smuggling ordinary goods and fined 600,000 yuan. Cai refused to accept the judgment and appealed. Not long ago, the Zhejiang Provincial High Court made a final judgment: dismissed the appeal and upheld the original judgment. Now Cai has been put in prison. (Reporter Fan Yuehong   Correspondent Chen Hongna) Continue reading » "Catch the Light and Dream the Future" —— Eight New Films Released by Fantawild Animation Inc. 2026年6月6日 | admin | A1 On the occasion of the 15th anniversary of Fantawild Animation Inc. and 10th anniversary of the appearance of bears, the "2023 Fantawild Animation Inc. Conference" with the theme of "Catch the Light and Dream the Future" was grandly opened in Xiamen on October 10th. Hundreds of guests from academic circles, animation film and television industry, media platforms and brand enterprises gathered to talk about the new development and future of China animation industry. Focusing on the ten-year development of bear infestation, the conference launched eight new films in Fantawild Animation Inc., and held two summit forums at the same time, as well as star performances, drone shows, fireworks shows and other activities, which were brilliant. Aska Yang, MoMo Wu, Summer and other stars, as well as fans from all over the country, sent their best wishes. Starlight Glimmer, full of sincerity, witnessed the opening of a new chapter in Fantawild Animation Inc.’s happy dream. Bears have made outstanding achievements in the past 10 years, and global development planning has a new future. At the conference site, Ma Li, president of the Chinese Animation Society, delivered a speech: "In the past 10 years, the series of works of Bears have continuously improved their creative level, enriched the theme connotation, embodied humanistic care and paid attention to social responsibility, and well accompanied the growth of young audiences." Ma Li, President of China Animation Society Shang Linlin, CEO of Huaqiang Fangte Group and chairman of Huaqiang Fantawild Animation Inc., also shared the 10-year development of bears at the conference, from the initial "walk-on" bear brothers to the well-known "national IP" and then to the world-renowned "China Bear"; From a TV animation to an IP universe, to a cultural symbol … … With 10 years’ earnest efforts, Fantawild Animation Inc. handed over an answer that was recognized by all circles: 10 years’ continuous output of fine content, which was broadcasted by more than 300 TV stations and platforms all over the country, distributed to more than 130 countries and regions around the world, and entered the international mainstream media platforms such as Disney, Discovery Kids and Netflix, breaking the distribution records of China’s animated films in Britain, Germany, Russia and other countries. In the past 10 years, 9 cinema films have achieved a total box office of 5.7 billion, accompanying more than 200 million viewers to spend the Spring Festival family fun, and bears have built a happy animation kingdom for the world audience. Ma Li, president of China Animation Society, highly affirmed that "its sincere dedication and development achievements are obvious to all", and called on the animation industry to continue to exert its efforts in enhancing the originality of fine products, industrial competitiveness and international influence, and strive to continue to write new glories of China animation. Shang Linlin also said that she would, as always, be upright and innovative, create more and better animation works with positive energy, grounding gas and temperature, and advocate "innovation, cooperation and win-win", hoping to work together with all animation colleagues to create animation products and make contributions to the development of animation in China. Shang Linlin, CEO of Huaqiang Fangte Group and Chairman of Huaqiang Fantawild Animation Inc. At the two industry summit forums held in the same period, Cao Xiaohui, vice president of China Animation Research Institute of Beijing Film Academy, Luo Xin, deputy director of Golden Eagle Cartoon Satellite TV, Yan Yinbin, head of Tencent Video Children’s IP operation, and other dozens of industry representatives were invited to attend, and exchanged views on two major themes: "New development and new trends of domestic film and television animation" and "New ways of animation IP innovation and empowerment and authorized marketing". On-site guests published cutting-edge insights, and golden sentences frequently appeared. The unique insights made the scene applause constantly, and the participants all said that they were full of gains. Boonie Bears: Time Twist has been released for ten years, and about eight new films have been fully laid out. Over the years, Fantawild Animation Inc. has continuously built and expanded the IP layout of all ages and diversified. The conference released eight new films in one fell swoop, covering all types of movies, TV movies and TV series, including audiences of all ages, parents, teenagers and girls, including sci-fi, reality, youth, campus, blood and inspiration, etc., which can be described as full of sincerity and full of watching: "Boonie Bears: Time Twist" pilot poster The much-anticipated 10th big movie "Boonie Bears: Time Twist", which is haunted by bears, recently released a pilot poster and a preview. The new Q-cute form of Xiong Da Xiong Er and the urban workplace dress of Logger Vick aroused the curiosity of netizens. In the preview, with the flashback of the past fragments, Logger Vick’s sentence "I remember it all" set off the mysterious suspense to the climax. On the first day of the New Year’s Day in 2024, and Xiong Qiang came to a two-way trip across the timeline, and went to bear for ten years. Poster of "Little World of Bears" The series "Bear Haunted" has been upgraded again, and a new series "Bear Haunted Little World" will be released soon. This film continues the setting of the micro-world in the film "Bear Haunted Metamorphosis", and Xiong Qiang once again bravely rushes into the dungeon and experiences a new adventure story with wide brain opening, more grounding and more humor. Poster of Lin Zhao’s Adventure Diary Lin Zhao’s Adventure Diary, a fantasy adventure animation created by the original team of Bears, lasted for five years, and was finalized and premiered on the whole network on October 20th. The film tells the story of Lin Zhao, a girl with mysterious power, who embarks on a journey to the western regions to find her father, and solves puzzles with her partners all the way to fight against the villains. As the first female IP of "Bear-infested Family", the return of "Lin Zhao" has aroused much expectation! The Concept Map of Dragon and Zhou Zhou Fantawild Animation Inc. first launched the national wind fantasy animation "Dragon and Zhou Zhou" for K12 teenagers. Inspired by the "God beast" in the mythical classic "Shan Hai Jing", it tells the inspirational growth story of three troubled families with magical abilities who shoulder the mission and fight against fierce beasts. The innovative combination of fantasy myth and campus theme, traditional culture and exquisite Jiangnan complement each other, and create a new national IP that is more in line with teenagers’ aesthetics and preferences. Poster of Miracle Girl 4 Miracle Girl, which was exclusively introduced by Fantawild Animation Inc. and Teqi Media, made its debut in the cinema this summer and won the "box office champion in the summer of 2023". In the future, it will release a series of new works Miracle Girl 4 and a theatrical version of Miracle Girl Dragon Girl Awakening. The first China female superhero in this series will meet the audience soon. Bear Gang 2, Mango Cubs-Interns on the Earth. A series of animations customized by Fantawild Animation Inc. for school-age children, Xiongxiong Bangtuan 2, and an animation jointly produced by Fantawild Animation Inc. and Mango TV, Mango cub-Earth Intern, have been ranked first in the new media popularity list and TV ratings list for many times, and have been rated as "excellent domestic TV cartoons" by the State Administration of Radio and Television, with good responses from both inside and outside the industry. Li Xiaohong, Deputy General Manager of Huaqiang Fangte (Shenzhen) Animation Co., Ltd. and General Manager of Innovation Division of Huaqiang Fangte Group Be happy, bears haunt you! National IP Ten Years Happy Continuation At this Fantawild Animation Inc. conference, singer Hong Chen, who has a deep relationship with Bears, came to the scene and sang the classic bear song "I flew here in the wind". The Font family dolls danced together to celebrate, and the bear’s ten-year "memory killing" attracted the fans to tears. "My childhood never let me down" and "Thank you for accompanying me to grow up" … … Outside the venue, there are also fan art exhibitions, fan poetry exhibitions, bear infestation public welfare exhibitions and a lot of photo punching points, which attract many guests and fans to take pictures to commemorate. On the evening of the 10th, a fireworks show of drones was staged in Xiamen Fangte Tourist Resort. Thousands of drones lit up the queue of "Be happy, bear haunts" in the night sky, showing classic IP images such as bear haunts and miracle girls, lighting up the night sky, attracting many citizens to stop and share happiness. From 2014 to 2019, the annual "Fantawild Animation Inc. Conference" has become a grand gathering of elites in the animation industry at home and abroad. After three years’ violation, the 2023 Fantawild Animation Inc. Conference has made a heavy return. "Pick up the light and dream for the future" represents the precipitation and accumulation of Fantawild Animation Inc.’s ten-year Do not forget your initiative mind and its firm determination to embrace the future and continue to cultivate. Please look forward to more exciting future! Continue reading » Huashu and Jiande jointly build a digital health service platform 2026年6月3日 | admin | A1 Qianjiang evening news Hour News Correspondent Su Zhongwang In order to deeply implement the national strategy of "Healthy China", continue to promote the construction of smart radio and television, and popularize a healthy lifestyle, on the morning of December 29th, the conference of China Digital Health Service Platform was held in the Agricultural Maker Center of Datong Town, Jiande. Deputy Secretary and General Manager of China Digital Group, Bao Linqiang, Party Secretary and Chairman of China Digital Media, Zhu Chungen, Standing Committee Member of Jiande Municipal Committee and Minister of Propaganda, Zheng Zhihua, Vice Mayor of jiande city Municipal Government, and Vice President of China Digital Media attended the ceremony. "Without the health of the whole people, there will be no overall well-off." General Secretary of the Supreme Leader stressed that people’s health should be given priority in the strategic position of development, and the construction of a healthy China should be accelerated. As a large-scale state-owned cultural media industry group, Huashu has fully responded to the national policy of combining medical care with health care, such as "Internet+medical care", "providing for the aged in internet plus" and "nursing in internet plus", and has been deeply cultivated in the field of smart medical care and achieved fruitful results. In 2019, Huashu deployed the "Remote Health Consultation" service based on the day care center in several streets of Gongshu District, Hangzhou, and realized the tripartite health consultation service among "users-96345 health managers-remote doctors". At the same time, Huashu initiated a smart medical care project in Ouhai, Wenzhou, and adopted the "internet plus Healthy Pension" model to extend the basic medical service capacity to the field of home-based pension. Relying on the information platform, through face-to-face TV video, the elderly can enjoy professional medical and health services without leaving home, which helped Ouhai to be successfully selected as the third batch of national smart and healthy pension demonstration bases. In 2020, Huashu once again made efforts in the field of smart and healthy old-age care. With the support of jiande city Weijian and civil affairs departments, the two sides jointly built a digital health service platform. The platform closely revolves around the lives of ordinary residents, especially for the elderly, women and children, chronic patients and rehabilitation patients, forming a service ecological chain. It aims to solve the difficulties of community doctors and community workers, assist community medical and health resources, and provide accurate medical and health services for residents by providing health consultation, rehabilitation classes, health files, health cabins, safety care and other services. At present, jiande city is fully implementing the spirit of the Fifth Plenary Session of the 19th CPC Central Committee, focusing on the core of "livable Jiande", and building a "vibrant Jiande, intelligent Jiande, beautiful Jiande, cultural Jiande, happy Jiande and peaceful Jiande". The launch of China Digital Health Service Platform means that the construction of "Digital Wisdom Jiande" has embarked on a new journey, which embodies the integration of "digital industrialization, industrial digitalization and urban digitalization". As a key part of the new infrastructure construction of the future medical system, digital health will further promote the deep integration of Jiande’s digital economy and the real economy. In his speech, Bao Linqiang pointed out that Huashu will take the press conference as a new starting point, fully integrate Huashu’s rich network resources, professional operation team and powerful service capabilities, and combine the latest and most cutting-edge technical means such as radio and television 5G, big data, Internet of Things and artificial intelligence to provide Jiande citizens with more professional, refined and diversified services such as home medical care, mental health, drug distribution, reservation and home care. On behalf of Jiande Municipal Party Committee and Municipal People’s Government, Zhu Chungen expressed heartfelt thanks to China Digital Media for promoting wisdom empowerment and supporting the development of Jiande digital economy industry. He said that since the trial operation of China Digital Health Service Platform in Datong, the service has covered more than 8,000 people in Datong Town Nursing Home, Datong Hospital, Datong Pension Service Center and elderly families. It is hoped that the platform will cover the whole territory of Jiande on the basis of the pilot, create a new pattern of digital health in Jiande, and make new contributions to the construction of "Digital Wisdom Jiande". As a leading enterprise in the smart industry, China Digital Media will continue to earnestly fulfill its social responsibilities, give full play to its advantages in terms of user scale, technological advantages, efficient service and rich experience, take "medical care integration" as its feature, take Internet informationization, Internet of Things and big data intelligence as its technical support, and take smart terminals and hotlines as its link to build a digital health service platform integrating Internet hospitals, chronic disease management services and medical care services, and create smart radio and television to empower digital health innovation. This article is an original work of qianjiang evening news. Without permission, it is forbidden to reprint, copy, extract, rewrite and spread the copyright of all works on the Internet. Otherwise, this newspaper will pursue the legal responsibility of the infringer through judicial channels. Reporting/feedback Continue reading » Understanding the feelings of "pursuing Excellence and serving the country" from the ancient "college entrance examination" 2026年5月30日 | admin | A1 Ten years of trees and a hundred years of people. Selecting and employing people is a kind of achievement inspection of educating and nurturing people in China society from ancient times to the present. The ancient "college entrance examination" made "learning to be an excellent official" a concept engraved in the bones of scholars, while the modern college entrance examination gave contemporary young people the opportunity to study further and better become the pillars of the country in the future. Then, the ancient "college entrance examination", which was formed in Sui and Tang Dynasties and abolished in the late Qing Dynasty, has a history of more than 1,300 years — — What exactly is the imperial examination system like? A 9-day exam Before the imperial examination system, the recommendation system was widely used in ancient China, but it was unfair and random. The imperial examination system, which is equivalent to the modern "college entrance examination", is a system of selecting officials through examinations in ancient times, and this system has also affected Japan, North Korea, Vietnam and other countries. The imperial examination has experienced more than 1300 years from its inception to the last Jinshi examination in the thirty-first year of Guangxu in Qing Dynasty (1905). The Ming Dynasty was the heyday of the imperial examination, which was divided into four levels. The first level was the children’s test, and the winner was called a scholar. The second level is the provincial examination, and the winner is called a juren; The third level is the examination, and the winner is called Gong Shi; The fourth level is palace examination, and the pilot was given the background of Jinshi. There are three people in one armor, who are given to Jinshi and there are three names that are particularly popular, namely "No.1", "No.2" and "Exploring Flowers"; Second, the top three, given Jinshi origin, with Jinshi origin. The exam is held once every three years, and there are three exams for each class, each for three days. In the first game, I wrote seven eight-part essays, in the second game, I wrote one political essay, five judgments and one official document, and in the third game, I wrote five current political comments. After the township test held in Nanjing Jiangnan Gongyuan, candidates brought their own dry food and were not allowed to go home. Jiangnan Gongyuan is the largest and most influential imperial examination room in history. At most, there are 20,644 rooms (dormitories), each of which is about 2 square meters, with two wooden boards above and below, which are used as tables and chairs respectively. When the examinee sleeps, two wooden boards must be spliced together as a bed, and it is difficult for a tall person to stretch his legs. ▲ Scenes of palace examination depicted in Ming Dynasty paintings. In ancient books, "going to Beijing to catch the exam" refers to taking the exam. The examination will be presided over by the Ministry of Rites, and the examination room will be located in Beijing Gongyuan. In ancient times, the competition for "College Entrance Examination" was much fiercer than now. During the Ming and Qing Dynasties, the largest number of students enrolled was in the eighth year of Yongzheng, with a total of 406 students, and the least was in the fifty-fourth year of Qianlong, with only 96 students. In the ninth year of Guangxu in the Qing Dynasty, there were more than 16,000 candidates who took part in the examination, only more than 300 candidates won, and the admission rate was only 1.9%, which was really one in a hundred. ▲ Gong Xinming’s examination papers in the 18th year of Guangxu Dynasty in Qing Dynasty were collected in China National Museum. Gong Xinming was born in Hefei County (now Hefei, Anhui Province). This is his own engraved examination paper for giving away, etc. The most important "palace examination" was hosted by the emperor himself and held in front of the Hall of Supreme Harmony. In addition to asking questions on the spot, it is also necessary to conduct a comprehensive inspection of candidates through questioning and observation. Among them, the most grand ceremony is the "transmission ceremony", that is, the ceremony in which the emperor announces the candidates’ exam rankings. Candidates must bring "floating tickets" and "uniforms" Ancient examinees had a hard time, so they had to travel a long way to catch the exam, and they had to bring all the necessary things. Mo Dou pen, ink storage box, inkstone, and laundry for exams. Among all the test supplies, the floating ticket, that is, the admission ticket, is undoubtedly the most important. Once lost, it will be irreparable. There were no photos in ancient times, and the admission ticket could only be described in words. For example: Li Mingsi, age 20, medium build, beard, test number and rule number 31, etc. ▲ The timetable for the roll call after having obtained the provincial examinations in Zhejiang in Qing Dynasty is kept in China National Museum. Qing system, after having obtained the township exam is divided into three games. Each game is called the examination paper one day in advance and handed in the examination paper the next day. Due to the large number of candidates, it is necessary to take a separate route and call the roll every time. Preventing candidates from cheating is as strict as ever. "Song History Election" records that during the Chunhua period in Song Taizong, in order to "reform the examiner’s privacy", Chen Jing, the supervisor, was suggested to implement the method of "pasting the name and place of origin of the candidates", that is, the name and place of origin of the candidates were pasted on the test paper, and it was decided to open the test paper before sealing it. "Seal" means that after the examination paper is handed in, the seal officer first folds the surface of the paper, seals the candidates’ names, numbers them in red, and then the transcriber transcribes the examination paper with calligraphy, which is called "Zhu Juan", and finally sends it to the examiner for review. When the list is released, the "black roll" (original) is unpacked according to the red number of "Zhu Juan", and finally the list is written by roll call. In order to prevent cheating, the examination room is closed in all directions, and candidates are separated by a row of numbered houses. Later, candidates were taken to close the lock after entering the building, take a bath before the exam and provide standard clothing to prevent cheating. Only those who recite ten verses can take the exam. The ancient "college entrance examination" did not limit the age of candidates, but it required that besides reciting the original works such as The Analects of Confucius, Mencius, The Book of Songs, The Book of Rites and Zuo Zhuan, you should also be familiar with several times the number of annotations in the original text and learn other books. In the Tang Dynasty, there was a boy’s subject, and children under the age of 10 could learn it once they passed it, and those who could recite ten verses in each volume, such as The Book of Filial Piety and The Analects of Confucius, could enter the subject. In the first year of Song Chunxi, Lin Huanyu, a girl, went to take the exam and answered questions about 43 poems in the syllabus, which was made a Confucian by Emperor Xiaozong. In the Yuan Dynasty, the experimenters in the Boy Scouts Department were all able to enter the Imperial Academy, the highest institution in the imperial court. In the thirty-eighth year of Emperor Kangxi of Qing Dynasty, Huang Zhang and Well Lee, the scholars, were 99-year-old candidates. In addition, the family phenomenon of the first time in the past often appeared at that time. In the Ming Dynasty, Jiangxi was the province with the largest number of candidates in palace examination, the most famous of which was Jishui County, which was famous for its Hanlin. In the Qing Dynasty, Jiangsu and Zhejiang provinces produced the most candidates. ▲ The ancient "college entrance examination" must recite textbooks. (This paper is long, so it is recommended to watch it horizontally ↓ ) ▲ In the 15th year of Guangxu reign of Qing Dynasty, Zhang Jianxun will try to answer the examination paper, which is collected in China National Museum. Zhang Jianxun was born in Lingui, Guangxi (now Guilin, Guangxi). This is Zhang Jianxun’s re-examination ink roll, and we will try to re-examine the non-ink roll. Of course, regardless of age, the ultimate goal of candidates is to win the top prize. After having obtained the provincial examination, it was called Xieyuan first, Huiyuan first, and palace examination first. There have been more than 500 top scholars in the history. The first scholar was Sun Fujia in Wude, Tang Gaozu, and the last scholar was Liu Chunlin in Guangxu, Qing Dynasty. The only female champion is Fu Shanxiang of the Taiping Heavenly Kingdom, which can be described as a heroine among women. She won three yuan in a row, not only as a champion, but also as a champion and a champion. It is not only the first place in palace examination, but also the first place in the examination and after having obtained the provincial examination, as well as the first place in the whole province and the first place in the whole country. Of the more than 500 champions, only 19 have ever won three yuan in a row, 16 in literature and 3 in martial arts. Among them, Huang Guan, the most outstanding one, was in the Hongwu period of the Ming Dynasty. He won the first prize in six yuan (county examination, government examination, college examination, provincial examination, general examination and palace examination), and was only 27 years old. Later, he was edited by the Hanlin Academy and became an important official of Jianwen Emperor. ▲ Fu Shanxiang, the only female champion in the history of China. Born in Nanjing in 1833, he was brilliant since childhood and liked to read the history of classics. In 1853 (the third year of Xianfeng in Qing Dynasty), the Taiping Heavenly Kingdom initiated the imperial examination for women, and Fu Shanxiang won the first place in Dingjia. There are many factors for candidates to get the top prize, among which the calligraphy on the examination paper can directly affect their grades. In palace examination in the 30th year of Kangxi, Emperor Kangxi directly named Dai Youqi as the first place because of his great appreciation of the second place’s calligraphy. The examination paper of Zhao Bingzhong, the champion in the 26th year of Wanli in Ming Dynasty, is the only original paper of the champion in palace examination that has been preserved at present. Its handwriting is beautiful, neat and rigorous. However, there are also other candidates, such as Jin Shengtan, a literary genius in the late Ming and early Qing Dynasties, who is really proud of the literary world and frustrated in the examination room. He took part in three exams and got a zero on his composition. The examiner who won the exam criticized the exam paper: "The scholar is gone!" Don’t come to the exam next time! ▲ Dai Youqi’s calligraphy. ▲ Zhao Bingzhong’s examination papers for the imperial examinations were collected in Qingzhou Museum, Shandong Province. Repeated reading will eventually lead to Jinshi. Candidates who have to be no.1 will fall into Sun Shan. In ancient times, there were many successful examples of re-reading, and they were all famous people. For example, Tang Xianzu, a dramatist and writer of the Ming Dynasty, was born as a scholar in the 211th place of palace examination’s top three in the fifth examination. Lin Zexu, a national hero, took the exam three times, and was finally given a Jinshi origin with the fourth place in palace examination and the fifth place in the Korean exam. Zeng Guofan, one of the four famous ministers in the late Qing Dynasty, passed the examination for the third time. palace examination was ranked 42nd in the top three, and was given a background as a scholar. Later, he was elected as Jishi Shu of the Imperial Academy. ▲ Lin Zexu’s calligraphy of Zhengqi Song. (Source: China Guardian) For the repeat students in ancient times, the family must have considerable economic strength to persist. Because the exam fee includes the expenses of transportation, hotel and food, plus the exam papers and exam equipment such as fat candles, tableware and clothes seats, it is not a small expense. The academy, which began in the Tang Dynasty and abandoned in the Qing Dynasty, was the most famous "cram school" for the college entrance examination at that time, which was divided into private and government-run schools. The best cram school teacher in history is Lv Zuqian, a Southern Song Dynasty philosopher and writer. He tailored a simulated review outline and examination questions, and the effect is comparable to today’s "5-year college entrance examination simulation for 3 years". If candidates can answer correctly, most of them can pass the exam smoothly. ▲ Send a good news map in the Ming Dynasty. It is a great happy event for candidates whether they pass the exam or repeat the exam successfully at one time. "In the past, it was not enough to boast, but today’s debauchery is endless. The spring breeze is proud of horseshoe disease, and you can see all the Chang’ an flowers in one day. " This famous "After Graduating" was written in 796 AD (the 12th year of Tang Zhenyuan). At the age of 46, Meng Jiao went to Beijing for the third time to take the exam, and was finally able to get on the imperial examination. He was extremely happy when he published the list. In ancient times, the admission notice of "College Entrance Examination" was called "Good News", and special officials took people to report good news with gongs and drums. The style of the good news is basically the same, with the dragon flying above and the foggy sea in Yunshan below. In the center, it is written with the number of high school after having obtained the exam or palace examination. After receiving it, the candidates will solemnly post it in the most conspicuous position in the hall at home, honoring their ancestors. The modern college entrance examination is obviously incomparable with the ancient "college entrance examination", but its essence contains the idea of pursuing Excellence and serving the country in Chinese cultural tradition. The college entrance examination is not the only answer in life, but it is an important node in life and a valuable experience in life. In this passionate summer, I wish all candidates a smooth college entrance examination and to be no.1. (This article is compiled by the author from Xinhuanet, People’s Daily and Daily News, and the pictures are provided by the Library and Information Department of China National Museum. ) Producer | Yang Xinhua Xiao Jingfang Co-ordination | Kang Kun Quan Liu Jia Editor | Liu Xian Audit | Liang Li Editor | Yu Ling Production | Hu Qi Continue reading » Xie Hui: Why do rumors exist? 2026年5月27日 | admin | A1 In recent years, from the "Internet promoter" to the judicial interpretation of the crime of libel in the two high courts, the word "rumor" has once again attracted great attention from society and people after the legend of "the end of the world in 2012". The so-called rumor is explained by Modern Chinese Dictionary as follows: news without factual basis; Webster’s English Dictionary holds that rumor is a kind of gossip, hearsay or public opinion that lacks real basis or is unconfirmed, and it is difficult for the public to distinguish truth from falsehood for a while. In fact, rumors are produced in the dissemination of information, which is closely related to human society, but the social response caused by them is different. In China, there have been proverbs related to rumors since ancient times, such as "three men make a tiger", "out of nothing", "unfounded" and "rumors stop with wise men". As early as the Qin Dynasty, the first emperor Ying Zheng was greatly disturbed by the statement that "those who died in Qin Dynasty were also Hu Ye", so he explored the Xiongnu in the north and built the Great Wall; In the west, the emperor of ancient Rome was tortured by rumors so much that he had to appoint a public rumor monitor to go to the crowd every day to find rumors from gossip and grasp public sentiment. It can be said that "rumors are the oldest mass media in the world". For thousands of years, there have been countless rumors in history. Before the appearance of words, rumors appeared in the form of word of mouth; With the development of society and science and technology, the means of information dissemination are becoming more and more abundant. The powerful network media can reduce the cost of communication, and at the same time, the public can be mobilized quickly and uniformly, which makes the information diffusion in the network era far exceed the traditional word of mouth. Rumors not only didn’t disappear, but became rampant with the help of the internet, and gradually became the interference and hidden danger of people’s normal life. After we experienced the SARS incident, the rice panic and the salt shortage, we really learned the power of rumors. So why do rumors exist? Allport, a social psychologist, analyzed the wartime rumors in the "Pearl Harbor Incident" in the United States in 1942,This paper not only points out the two conditions for the formation of rumors-the importance of events and the fuzziness of information, but also puts forward three basic mechanisms in the process of rumor dissemination, namely, deletion, flattening and assimilation. When people want to understand and simplify many complicated events that come one after another and develop rapidly, they have a strong psychological motivation to ask them to simplify relevant information and spread it to people who also care about it quickly. In the process of information being continuously processed, the facts are constantly distorted or even reversed, and finally there is only one core that everyone can understand, and this core information is often consistent with the ideas or prejudices that the crowd has long held. Therefore, rumors in society exist spontaneously and independently as a force of social information regulation mechanism. In any region, when the public is interested in an event or problem but can’t be confirmed in time, rumors spread like wildfire. With the modernization of information technology, the multi-channel characteristics of the network have opened the door for the spread of rumors. When people can’t get information from the mainstream media or authoritative departments, rumors that used to rely mainly on interpersonal communication are spread through the internet with the help of fast modern communication technology, just like opening a Pandora’s Box. When people become a member of the communication group, they are often only willing to accept simple and clear ideas, while the rational power is thrown aside. Although rumors exist for a long time and stubbornly in every period and country, they are like viruses in the social body, but they are extremely destructive to a normal social order. History and facts have proved that rumors have great energy in social mobilization. Some people say that rumors are enemies of state power and adversaries of order, so rumors are also called "flames on the tip of the tongue". At least from the perspective of political rationality, rumors are suspected of causing subversion and anarchy. As early as 1751, in the Encyclopedia, the relationship between rumors and government supervision was clear. Therefore, it is a public event that every government must face to take corresponding measures to curb the generation and spread of rumors to the maximum extent. The government needs to treat rumors rationally. It can be said that rumors are the expression of social people’s perception of society, which appears in the form of information, but when people transmit information, they are more showing an emotion or attitude, or a subconscious release. Influenced by this subconscious, the news components of rumors are constantly being added, deleted or tampered with. It is not only caused by the forgetfulness of memory and the loss of information, but also closely related to the interest differences among the people. Therefore, the government should recognize the interest differences among the people caused by social injustice from behind the rumors, and do corresponding and necessary work in the public sphere for the purpose of maintaining social justice. The government needs to improve the openness and transparency of information. The reason why rumors spread everywhere is largely due to the absence of the government and authoritative voices. The blockage of information disclosure channels delays the opportunity for the government to take timely measures, and also delays the opportunity for public psychological adjustment. When the government provides correct information channels, those rumors in society will be self-defeating. This not only requires the government to be highly sensitive and forward-looking, so that it can publish information in the first time and guide public opinion in a positive way in time; Moreover, we should further vigorously promote the openness of government affairs and let the public know the truth. For example, the spread of rumors in the "Pearl Harbor Incident" in 1942 reflected the American people’s distrust of the official "wartime loss report". Therefore, while stopping rumors and issuing relevant laws, what a responsible government needs to do most is to find rumors at the first time, inform the public of all the information it has at once, and ensure that these information reaches every public. The public needs to cultivate their ability to enjoy mass communication resources correctly. In the current society of increasing information flow and freedom of expression, people can easily become "receivers" of rumors and comments, and then become "disseminators" of rumors. Therefore, it is particularly urgent to cultivate the public’s ability to acquire, analyze, identify and evaluate information. Every individual in society should get rid of the blind obedience mentality of "not good at reasoning, but eager to take action" and make constructive use of media resources to conduct positive social energy. The government should exert the necessary strength to enable people to make full use of media resources to improve themselves and participate in social progress; At the same time, guide the people to get rid of false information and give full play to the role of mainstream media. Rumors stop at the rule of law. In a sound society ruled by law, citizens undoubtedly have freedom of expression and speech, but no matter what kind of freedom, there are inevitable and definite boundaries. When the creation and spread of rumors interfere with people’s normal life and even endanger social order, this is no longer a simple "nonsense" or "hearsay", but a legal issue. Facts have proved that emotional rumors are no match for rational laws. From the "AIDS girl" incident to the "Qin Huohuo", one rumor after another ends in the case of the rule of law, which has shown and is still showing that no right is a "fig leaf" for rumors. Continue reading » [Weekly Monitoring] Weekly Global Dynamics 2026年5月23日 | admin | A1 2019.06.03-2019.06.09 Global Major Events Global manufacturing PMI shows the weakest posture in the past seven years. The World Bank lowered its global economic forecast for 2019 and kept its forecast for the United States and China unchanged. IMF warns of trade disputes and lowers economic growth expectations of China and the United States. Global interest rate cuts continue. Australia’s central bank cut its cash benchmark interest rate to a record low of 1.25%. India cut interest rates by 25 basis points to 5.75% for the third time during the year, and its monetary policy stance became loose. Chile’s central bank unexpectedly cut interest rates by 50 basis points to 2.5%, the biggest drop in a decade, which shocked the market. [Opinion] Australia, India and Chile cut interest rates one after another this week. Unemployment rate and inflation are the main reasons for the Australian central bank to adjust its monetary policy; India’s economy continues to slump, and interest rate cuts are expected; Due to the tense global trade situation, Chile’s copper exports were negatively affected, and Chile’s sharp interest rate cut shocked the market. Prior to May, five countries in the world cut interest rates successively, namely Malaysia, New Zealand, the Philippines, Iceland and Sri Lanka. This week, the Australian central bank cut interest rates, which may fully open the era of global interest rate cuts. America The final value of manufacturing PMI in the United States hit a new low in nearly 10 years in May. US non-agricultural data was weak in May, and US debt prices soared. [Comment] Some recent economic data in the United States are unsatisfactory, with retail sales, consumption data and personal consumption expenditure all below market expectations. This non-agricultural data suggests that US economic growth is losing momentum. Since this employment report does not reflect Trump’s announcement to consider imposing tariffs on Mexico, the prospects for US economic growth are worrying. Europe In May, the initial CPI in the euro zone increased by 1.2% year-on-year, and the final GDP in the first quarter was 0.4% quarter-on-quarter. The European Central Bank revised its forward-looking guidance again and kept interest rates at least until the first half of 2020. Britain’s manufacturing PMI fell to 49.4 in May, hitting a 34-month low. Asia-Africa region South Korea’s GDP in the first quarter fell by 0.4% month-on-month, compared with the previous estimate of 0.3%. South Africa’s GDP in the first quarter shrank by 3.2% year-on-year, the biggest decline since 2009. Commodity dynamics OPEC’s oil export revenue increased to the highest level since 2014 last year. The International Energy Agency (IEA) predicts that by 2024, China will account for more than 40% of the global natural gas demand growth. I. Major global events Global manufacturing PMI shows the weakest posture in the past seven years. According to the latest data on June 3rd, the global manufacturing industry reached its weakest state since 2012 in May this year, which became the victim of increasing trade tensions and gave people more reasons to worry that the global economy was weakening. Due to the weak manufacturing industries in Germany, Japan and the United Kingdom, and the manufacturing index in the United States falling to a 10-year low, IHS Markit’s global manufacturing purchasing managers index fell below the watershed of 50 in May and fell to 49.8. The data highlights the growing threat posed by the escalation of the trade situation, exacerbating market concerns, stimulating the safe-haven demand for bonds and pushing the stock market lower. Morgan Stanley warned that investors still underestimated the seriousness of the situation. If the trade situation worsens further, the global economy will fall into recession within nine months. United States: Markit announced that the manufacturing PMI of the United States in May was 50.5, which was about 2 percentage points lower than the previous value and the lowest level since September 2009. A key factor dragging down the data is the slowdown in output growth. At the same time, the new order sub-index fell into the shrinking range for the first time since August 2009. In addition to the United States, the manufacturing industries in Germany, Japan, Britain, South Korea and Singapore also performed poorly. UK: Among them, due to the uncertainty of Brexit, the manufacturing PMI in the UK shrank for the first time in nearly three years in May. According to the analysis, this move was originally planned to leave the EU before March 29, and manufacturers hoarded a large amount of inventory. Eurozone: In the Eurozone, the final PMI of manufacturing industry in May was 47.7, indicating that the manufacturing industry is still shrinking. The final PMI of German manufacturing industry is 44.3, which is close to the lowest level since 2012, and the decline rate of output and new orders has slowed down. The final PMI of French manufacturing industry is 50.6. It is worth noting that the output of the euro zone has declined for the fourth consecutive month, and the number of new orders has further dropped sharply, which shows that the manufacturing industry is still in the most difficult period since 2013. Asia-Pacific: The same is true for Asia-Pacific economies. With the development of automobile industry and semiconductor industry slowing down, South Korea’s purchasing managers’ index has shown signs of contraction. Japan’s manufacturing PMI fell to 49.6 in May, and output and new orders fell for five consecutive months. Singapore was also affected. According to data released by the Singapore Institute of Purchasing and Logistics Management (SIPMM) on the evening of the 3rd, Singapore’s manufacturing PMI fell by 0.4 month-on-month to 49.9 in May. This is the first time that Singapore’s manufacturing PMI has shrunk after 32 months of continuous expansion. It should be noted that manufacturing contributes about one-fifth of Singapore’s GDP. The World Bank lowered its global economic forecast for 2019 and kept its forecast for the United States and China unchanged. On June 4th, the World Bank lowered its global economic growth forecast for 2019 on the grounds that the growth rate of trade slowed down to the lowest level since the financial crisis ten years ago, and global investment declined. The World Bank released its semi-annual world economic outlook report on the 4th, saying that the global economy is expected to grow by 2.6% this year, with a forecast of 2.9% in January and 3% last year. It is estimated that the global economic growth rate will rebound to 2.7% next year. "Business confidence has fallen sharply, global trade has slowed down, investment in emerging and developing economies has been sluggish, and the driving force is still fragile." World Bank President David? Malpas said in a telephone conference with reporters. The World Bank also warned that risks are "firmly" inclined to the downside, on the grounds that Sino-US trade tensions have intensified again, financial turmoil in emerging markets, and the weakness of developed countries, especially Europe, has exceeded expectations. The report writes that "a high degree of policy uncertainty, including the recent escalation of trade tensions between major economies, has been accompanied by a slowdown in global investment and a decline in confidence". Tariff threat The World Bank also joined the International Monetary Fund (IMF) for fear of US President Donald? Trump’s trade actions are not conducive to the global economy and lower the forecast. Trump recently announced that if Mexico does not organize illegal immigrants to flock to the US border, it plans to impose tariffs on all goods exported to the United States from next week. The World Bank report lowered the global trade growth forecast by one percentage point, and it is expected to increase by 2.6% this year. The World Bank lowered the forecast of the economic growth rate of the euro zone to 1.2% in 2019 and 1.4% in 2020, which were 0.4 and 0.1 percentage points lower than the January forecast respectively. The bank stressed that weak exports and investment were the factors that caused weak growth in the region. The World Bank maintains its forecast for the economic growth of the United States and China in 2019. The bank said that as the effect of fiscal stimulus measures gradually fades, the US economy is expected to slow down to 2.5% in 2019 and further slow down to 1.7% and 1.6% in 2020 and 2021. It is estimated that China’s economy will grow by 6.2% this year and slow down to 6.1% next year, down 0.1 percentage point from the previous forecast. [Comment] The latest report of the World Bank reveals the global impact brought about by trade cracks and shrinking global business confidence. According to the report, there are many reasons for the downward adjustment of growth expectations, including financial market pressure, sub-optimal business environment in many countries, and the slowdown of growth in individual economies due to cyclical factors. However, the report believes that the biggest change momentum is the continued tension in the trade situation. The argument of the World Bank can be verified in the recent shrinking global manufacturing PMI. In the first week of June, the manufacturing indexes of several major economies in the world in the previous month were released one after another. Judging from the data, the second wave of decline has begun to spread. IMF warns of trade disputes and lowers economic growth expectations of China and the United States. On June 5th, the International Monetary Fund (IMF) said in its report after the consultation on Article IV in 2019 that trade tension is the main reason for China’s economic uncertainty, and the stimulus measures introduced by the government can only partially offset the impact of US tariffs. The IMF predicts that China’s economic growth will slow to 6.2% in 2019, 6.0% in 2020 and 5.5% in 2024. The IMF had previously predicted an increase of 6.3% in 2019 and 6.1% in 2020. The IMF said that the current stimulus measures should be enough to make the economy grow steadily in 2019-2020; If there are no new tariffs or no further slowdown, no more easing policies are needed. China and international partners should make efforts to solve the shortcomings in the trading system and increase the flexibility of foreign exchange; China’s structural reform has made the economy more open, but China will benefit more if it strengthens reform and opening up in strengthening competition; Due to rising food prices, the inflation rate is expected to accelerate to 2.3% in 2019. Subsequently, the IMF warned on June 6 that the escalation of trade disputes and the sudden reversal of the financial market environment would pose substantial risks to the US economy. As the effect of tax reduction and stimulus policy gradually fades, IMF predicts that the US economic growth will slow down from 2.9% in 2018 to 2.6% in 2019, and further slow down to around 2% in 2020. America United States of America The final value of manufacturing PMI in the United States hit a new low in nearly 10 years in May. On June 3rd, IHS Markit released the latest data, showing that the final PMI of Markit manufacturing in the United States in May hit a new low since September 2009, the final value of output sub-index hit a new low since June 2016, and the final value of new order sub-index fell into a shrinking range for the first time since August 2009. Specifically, the data shows that the final PMI of Markit manufacturing in the United States recorded 50.5 in May, which was the lowest since September 2009, less than the initial value and the expected 50.6, and also significantly lower than the previous value of 52.6. Other data released together show that the PMI output sub-index of Markit manufacturing in the United States in May was 50.7, the lowest since June 2016, lower than the initial value of 50.8 and the previous value of 52.7; The new order index is 49.6, which is the first time since August 2009 that it has fallen into a shrinking range, lower than the initial value of 49.7 and the previous value of 53.5. In May, the US manufacturing industry experienced the most difficult month in 10 years, and the overall PMI fell to the lowest level since the worst period of the global financial crisis. New orders have dropped at a rate never seen since 2009, leading to more and more companies cutting production and layoffs. After the release of US manufacturing data, the three major stock indexes of US stocks plunged, the Nasdaq index fell by 0.6%, and the S&P and Dow fell one after another. [Comment] American manufacturers have experienced the most difficult month in the past 10 years, and the overall PMI has fallen to the lowest level since the peak of the global financial crisis; New orders have dropped at a rate never seen since 2009, leading to more and more companies cutting production and layoffs. The slowdown in manufacturing activities in the United States indicates that the economic and trade frictions provoked by the United States against China are dragging down the American economy. The Fed hinted that it would cut interest rates and take appropriate measures to maintain economic expansion. On June 4th, the Federal Reserve held a two-day series of meetings in Chicago. In his speech, Federal Reserve Chairman Powell said that the Federal Reserve will take appropriate measures to maintain sustained economic expansion. Powell said that the Fed is paying close attention to the impact of trade negotiations on the US economic prospects. Powell said that with the economic growth, low unemployment rate and low and stable inflation in the United States, it is time to reconsider the long-term strategy. The Fed will take seriously the risk of downward inflation expectations. Fed policymakers are open to the review of the policy framework, and the strategy to deal with inflation needs public support. Powell stressed that it is expected that during the economic downturn, it is much more likely that interest rates will fall to the lower limit of the effective range. Monetary policy tools during the crisis have played a role and are likely to be needed again. The Fed takes seriously the risk that persistent insufficient inflation may reduce inflation expectations. The median interest rate forecast of the Federal Reserve is best regarded as the "least likely" result. Since the Fed released a wait-and-see signal on the interest rate issue at the interest rate meeting in May, the call for the Fed to cut interest rates has been getting louder and louder. The importance of this Chicago meeting lies in clarifying the attitude of the Fed at the crossroads of policy choice. On June 7, according to CME’s "Fed Watch", the probability that the Fed will keep the interest rate at 2.25%-2.5% in June this year is 77.5%, and the probability of cutting interest rates by 25 basis points is 22.5%. The probability of maintaining interest rates in this range in September is 8.6%, and the probability of cutting interest rates by 25 basis points and 50 basis points is 37.6% and 44.0% respectively. [Comment] Some recent economic data in the United States are unsatisfactory. The recently released retail sales, consumption data and personal consumption expenditure data are lower than market expectations, and there is still a certain distance from the 2% inflation target set by the Federal Reserve. In addition, superimposed on the sudden change of the international situation, the voice of controversy about whether the Fed should cut interest rates is getting higher and higher. The core issue of this series of meetings in Chicago is to measure whether the Fed policy needs to be changed. The original design was to strengthen the credibility of the "symmetric 2% inflation target". At present, the economic growth, low unemployment rate and low inflation in the United States are stable, so it is time to reconsider the long-term strategy. The US trade deficit unexpectedly narrowed in April, and merchandise imports hit a 15-month low. On June 6, the United States released data. In April, the trade deficit fell by 2.1% month-on-month to US$ 50.8 billion, and the deficit in March was revised to US$ 51.9 billion. US merchandise imports hit a 15-month low in April. As a result, the US trade deficit unexpectedly narrowed in April, offsetting the impact of the decline in aircraft exports. Among them, the trade deficit with China increased by 29.7% to $26.9 billion in April. In April, US merchandise exports fell by 3.1% to US$ 136.9 billion, the largest decline since January 2015, of which aircraft exports decreased by US$ 2.3 billion, and soybean exports further declined in April. After inflation adjustment, the US merchandise trade deficit fell from $83 billion in March to $81.9 billion. According to data from the Ministry of Commerce, the trade deficit of goods and services in the United States has shrunk to $50.8 billion, which is basically in line with market expectations. The trade deficit between China and Mexico increased to $29.4 billion, while Mexico’s trade deficit narrowed to $7.9 billion. The decline in exports was the biggest in three years, partly due to the decline in demand for civil aircraft after Boeing’s 737 Max model was grounded around the world. In April, the export of goods to China dropped from $10.2 billion last month to $8.5 billion, down by 20% year-on-year, while the import from China dropped by 13.2% in 2019. At the same time, merchandise exports to Mexico have hardly changed, while imports have increased by 6.1%. Federal Reserve Report: US commercial debt increased by 6.6% in the first quarter of 2019. On June 7, the Federal Reserve reported that US commercial debt increased by 6.6% in the first quarter of 2019; The growth rate of US household debt slowed down to 2.3% in the first quarter of 2019; The growth rate of household savings rate in the United States in 2019 increased to 6.7% in the first quarter. US non-agricultural data was weak in May, and US debt prices soared. According to the data released by the US Department of Labor on June 7, the number of non-agricultural employees increased by 75,000 in May, the lowest level in three months, less than half of the expected 180,000. This is bad enough. There is a more worrying feature in studying this non-farm payrolls report. According to the report, the diffusion index, which measures the proportion of industry recruitment, fell to a two-year low of 54.8%, and only half of the companies in the United States are recruiting. This means that the employment slowdown is not only concentrated in one area, which is also obvious in the industry classification of the report. Manufacturing employment has been weak for the second month in a row. Considering the tension caused by US trade policy, strong dollar and slowing world economic growth, this is not surprising, but this weakness has further spread. Employment growth in the construction industry dropped from 30,000 to 4,000. Temporary services were almost halved, from 9,900 to 5,100. After the release of non-agricultural data, the yield of US 10-year benchmark government bonds fell by 3.65 basis points to 2.0809%, and once plunged to a daily low of 2.0534%, the lowest since September 8, 2017; Compared with last Friday’s late trading in new york, it fell by 4.37 basis points, the fifth consecutive week of decline. The yield of two-year US bonds fell by 2.93 basis points to 1.8494%, and once plunged in intraday trading, it hit a daily low of 1.7727%. Compared with last Friday’s late trading in new york, it fell by about 7.27 basis points, which was the fifth consecutive week of decline. [Comment] Non-agricultural data suggest that US economic growth is losing momentum. Since this employment report does not reflect the news that Trump announced on May 30 that he would consider imposing tariffs on Mexico, the US economic outlook may be even more pessimistic. The economic level is still affected by the persistent global economic uncertainty risk, and the slowing manufacturing activities have a certain impact on the labor market. If the labor market and other indicators further release weak signals, the Fed will have to consider cutting interest rates to boost economic expansion. Mexico The United States and Mexico reached an agreement, and the tariff increase plan was suspended indefinitely. On June 7, US President Trump announced that a trade agreement has been reached with Mexico, and the measures originally scheduled to impose tariffs on it on Monday will be "indefinitely suspended". Mexican Foreign Minister Ebrard confirmed after Trump announced the provisional tariff measures that the United States would not impose tariffs on Mexico. He said that Mexico plans to give priority to deploying the National Guard in the southern border area next Monday to improve the immigration problem, and will increase the applicable laws to reduce the number of immigrants, allowing immigrants waiting to complete the US asylum procedures to be sent to Mexico; The United States and Mexico will take the lead in building a prosperous and secure Central America and agree to take necessary additional measures. In addition, after the United States and Mexico reach a new agreement, the adoption process of the US-Mexico Canada Agreement (USMCA) will be accelerated. The Mexican ambassador to the United States said that under the new agreement reached between the United States and Mexico, Mexico will strengthen the implementation of the immigration law; And will provide employment opportunities for those who are waiting for the end of the US asylum procedure in Mexico; At the same time, it will strengthen cooperation between southern Mexico and central America. According to the analysis of the new york Times, Mexico, as the largest trading partner of the United States, if the trade war between the two sides really breaks out, it will cause huge losses to the United States, including increasing the American consumption cost, which will lead to an increase in the unemployment rate in the United States, destroy the supply chain system of many industries in the United States, and may eventually lead to economic recession in North America as a whole. Affected by the possibility that the United States may postpone the imposition of tariffs on Mexico and Canada, coupled with the market’s expectation of the Fed’s interest rate cut, the three major US stock indexes collectively rose on the 7 th, rising for the third consecutive day. Chile Chile’s central bank unexpectedly cut interest rates by 50 basis points to 2.5%, the biggest drop in a decade, which shocked the market. On June 8, Chile’s central bank announced that it would cut its benchmark interest rate by 50 basis points from 3% to 2.5% due to the weak economic growth and inflation, which was the biggest rate cut in 10 years. The market originally expected the central bank to keep the interest rate unchanged. At the same time, the central bank also lowered its economic growth forecast for 2019, from the previous 3 to 4% to 2.75 to 3.5%. According to the analysis, although a large number of immigrants from Venezuela raised Chile’s potential growth expectations, the economic growth in the first four months was weak. Chile is the world’s largest copper producer, and the global trade tension has undermined global economic growth and weakened Chile’s copper export price. The last time the Chilean central bank adjusted the interest rate was January 30, 2019, when it raised the interest rate by 25 basis points from 2.75% to 3%. [Comment] Affected by global trade tensions, Chile’s economy has not recovered enough to narrow the output gap and boost inflation. It is expected that Chile’s central bank will still adjust its monetary stimulus measures. Australia, India and Chile cut interest rates one after another this week. Prior to May, five countries in the world cut interest rates successively, namely Malaysia, New Zealand, the Philippines, Iceland and Sri Lanka. This week, the Australian central bank cut interest rates this time, which was also interpreted by the outside world as opening the era of global interest rate cuts. Europe In May, the initial CPI in the euro zone increased by 1.2% year-on-year, and the final GDP in the first quarter was 0.4% quarter-on-quarter. On June 4th, Eurostat announced the initial value of CPI in the euro zone in May in Luxembourg today. The forecast range is 1% to 1.7%, as expected by 45 economists; The initial value of CPI in the euro zone increased by 1.2% in May and 1.7% in April. The core CPI excluding energy, food, tobacco and alcohol in the euro zone in May rose by 0.8% year-on-year; In April, it increased by 1.3% year-on-year, and it is estimated to increase by 0.9% year-on-year. The core inflation rate dropped to 0.8%. On June 6, Eurostat released data showing that the final value of GDP in the first quarter of the euro zone increased by 1.2% year-on-year, expected to increase by 1.2%, and the initial value increased by 1.2%; The chain increased by 0.4%, expected to increase by 0.4%, and the initial value increased by 0.4%. The German economy rebounded from zero growth in the previous quarter to 0.4% in the first quarter; Italy has also recovered from two consecutive quarters of technical recession, and its economy grew by 0.2% in the first quarter. [Comment] Inflation in the euro zone slowed down more than expected in May, further intensifying the pressure on ECB policy makers. The euro zone achieved gratifying results in the first quarter, thanks to the rebound of Germany, the largest economy, and the end of the technical recession in Italy. The European Central Bank revised its forward-looking guidance again, maintained interest rates at least until the first half of 2020, and announced key details of TLTRO. On June 6, the European Central Bank announced the resolution of the June policy meeting, maintaining the three key interest rates unchanged, and it is expected that the current interest rate level will be maintained at least until the first half of 2020, and the details of TLTRO interest rate setting are given. The main interest rate of the third round of directional long-term refinancing operation (TLTRO) is 0.1%, and the interest rate of TLTRO can be as low as 10 basis points higher than that of the deposit mechanism. European Central Bank President Mario Draghi said that moderate monetary easing is necessary; It is still far from policy normalization, and some members put forward the possibility of cutting interest rates or restarting QE; The European Central Bank can cut interest rates when necessary, and if it does, it is possible to use the interest rate grading system; Has begun to consider fiscal policy. Draghi also pointed out that weak economic growth reflects the slowdown in trade, and the latest data shows that the global economic headwinds still put pressure on the prospects of the euro zone; But the risk of falling into recession is very low. In his speech, Draghi gave the latest economic expectations, raised the economic growth forecast this year and lowered the growth forecast for the next two years. It is estimated that the economic growth rate will be 1.2% in 2019, which was previously expected to be 1.1%; In 2020, the economic growth rate will be lowered to 1.4%, compared with 1.6% before; In 2021, the economic growth rate was lowered to 1.4%, compared with 1.5% before. In terms of inflation, core inflation will rise in the medium term. The latest forecast shows that this year’s inflation forecast will be raised, but next year’s inflation forecast will be lowered. The inflation rate in 2019 is expected to be 1.3%, which was previously expected to be 1.2%; Inflation will be lowered to 1.4% in 2020, compared with 1.5% previously expected; Inflation will remain unchanged at 1.6% in 2021. [Comment] This is the second time that the European Central Bank has revised its forward-looking interest rate guidance in the last six months. On March 7 this year, the European Central Bank stated that it expects to keep interest rates unchanged at least until the end of 2019. In fact, since April 2016, the European Central Bank has kept the three major interest rates unchanged, namely, the main refinancing rate of the European Central Bank is 0%; The marginal lending rate of the European Central Bank is 0.25%; European Central Bank deposit convenience rate -0.4%. Germany Germany’s exports fell by 3.7% in April after the seasonal adjustment, and the central bank lowered its economic growth rate to 0.6% in 2019. On June 7, data released by Germany showed that the seasonally adjusted export in April was -3.7% month-on-month, expected to be -0.9%, and the previous value was 1.5%; Germany’s seasonally adjusted imports in April were -1.3% month-on-month, expected to be -0.2%, and the previous value was 0.4%. On the same day, the Bundesbank lowered its economic growth forecast for 2019 from 1.6% to 0.6%; The forecast of economic growth in 2020 will be lowered from 1.6% to 1.2%. Maintain inflation expectations at 1.4% in 2019; Lower the inflation forecast for 2020 from 1.8% to 1.5%. France On June 7, data released by France showed that French industrial output in April was 0.4% month-on-month, expected to be 0.3%, and the previous value was -0.9%. Britain Britain’s manufacturing PMI fell to 49.4 in May, hitting a 34-month low. On June 3rd, the data jointly released by British information provider HIS Markit and British Purchasing and Supply Chartered Association showed that the purchasing managers’ index (PMI) of British manufacturing industry fell to 49.4 in May, hitting a 34-month low. The seasonally adjusted data shows that the PMI of British manufacturing industry fell to 49.4 in May, much lower than 53.1 in April, and fell below threshold for the first time since July 2016, entering the contraction range. At the same time, due to the uncertainty of Brexit, export orders in May fell at the fastest rate in four and a half years. According to Markit analysis, an important reason for the decline of manufacturing industry is that due to the uncertainty of Brexit, the high manufacturing effect driven by inventory in early 2019 is fading, and the British manufacturing industry is entering a downturn. Duncan, director of the British Purchasing and Supply Chartered Association? Brock said that the association’s supply chain manager was deeply worried about the continued impact of Brexit. As some supply chains left the UK, the total number of new orders dropped for the first time since last October. Britain’s manufacturing industry will likely continue to be in the contraction range. [Comment] The inflow of new orders from domestic and overseas markets has declined, because the already high inventory level of manufacturers and their customers makes it difficult for them to maintain the output level and reach an agreement on new contracts. Demand has also been affected by the persistent global trade tensions, and enterprises have begun to remove the stocks accumulated before the scheduled date of Brexit. Teresa? Mei formally resigned as the leader of the ruling party and remained as prime minister. British Prime Minister Teresa? May officially resigned as the leader of the ruling Conservative Party on June 7, but she will remain as prime minister until a new prime minister is elected. The election procedure for the new leader of the Conservative Party will be officially launched on the 10th. The new leader will be elected through several rounds of intra-party elections, and the winner is expected to be elected at the end of July. Italy The EU initiated the disciplinary procedure against Italy to warn of the snowball effect of debt. On June 5th, the European Commission took the first step towards punishing Italy for failing to control its debt, paving the way for imposing an initial fine of 3.5 billion euros (4 billion US dollars) on the country. In a published report, the European Commission said that Italy has not made enough progress in reducing its debts in accordance with EU financial regulations, so it is "necessary" to start disciplinary procedures. This marks a further escalation of the dispute over the Italian budget. The Italian budget crisis hit the market hard at the end of 2018, and the EU’s move was also a warning to Italian populist leaders who vowed to revise the EU budget regulations, especially the Deputy Prime Minister Matteo Salvini. The European Commission said in its report that "public debt is still a root cause of Italy’s economic fragility." The proportion of the country’s debt to GDP will "continue to rise in 2019 and 2020, and the highest will exceed 135%, which is affected by the snowball effect of increasing debt, the declining basic surplus and the ineffective privatization process." The report pointed out that "although the risk of refinancing is still limited in the short term, the huge public debt is still the source of the fragility of the Italian economy." The European Commission’s move is only one step in a set of complicated procedures, which need to be weighed by EU governments many times. Although the fine is relatively small, the official condemnation from the European Union may bring further trouble to Italy. The country has been hit by the financial market and is deeply troubled by the tension between the Five Star Movement and the League. EU finance ministers must also make a statement on whether they agree with the commission’s proposal, possibly at their next meeting in early July. By then, the Committee has 20 days to decide whether it should ask Italy for an "interest-free deposit" equivalent to 0.2% of its GDP (about 3.5 billion euros). If Italy does not comply with the EU’s proposal on debt reduction, it may face higher fines. Although the EU has initiated such procedures for other countries, it has never done so because a country’s debt is too high. It has never really imposed a fine on a country, but has chosen to impose other sanctions on countries that violate financial regulations. Even if Italy finally escapes economic punishment, the disciplinary procedure will affect its participation in EU affairs, and may reduce the Italian government’s ability to compete for the position of the European Central Bank and negotiate political issues in Brussels. Bank of Italy: cut inflation expectations to 0.8% in 2019. On June 7, the Bank of Italy predicted that GDP would rise by 0.3% this year and 0.7% next year. Reduce the inflation forecast to 0.8% in 2019. It is estimated that inflation will be 1% in 2020 and 1.5% in 2021. Switzerland Swiss regulators fined a number of banks a total of $91 million for collusion in foreign exchange transactions. On June 6th, some global banks, including Citigroup and Barclays, were fined 90 million Swiss francs (US$ 91 million) by Swiss competition regulators because of their collusion in foreign exchange transactions. According to the announcement, Barclays was fined 27 million Swiss francs by the Swiss Competition Commission, Citigroup was fined 28.5 million Swiss francs and JPMorgan Chase was fined 9.5 million Swiss francs. UBS Group AG was exempted for exposing the existence of foreign exchange cartels. Before the Swiss punishment, regulators on both sides of the ocean had been investigating how traders used chat rooms to manipulate the exchange rates of major currencies for many years. Last month, five banks agreed that the European Union would pay a fine of 1.07 billion euros for collusion in foreign exchange transactions. According to the Competition Commission, traders from Barclays, Citigroup, JPMorgan Chase, Royal Bank of Scotland (RBS) and UBS Group AG colluded with traders from Barclays, Mitsubishi UFJ Bank, RBS and UBS Group AG through a cartel called "Three-way banana split" within six years, and through the so-called "Essex Express" chat room from 2009 to 2010. According to the announcement on the 6th, RBS was fined 22.5 million Swiss francs and Mitsubishi UFJ Bank was fined 1.5 million Swiss francs. The Swiss regulator said that it is aimed at Credit Suisse Group? The investigation of color is still going on; The investigation of Swiss Baosheng Bank and Zürcher Kantonalbank has ended, but it has not been said whether they will be punished. Greece The EU warned that Greece may not reach its post-bailout budget target in 2019. On June 5th, the European Commission said in its third post-rescue report for Greece that the fiscal cost caused by the package of additional permanent fiscal measures adopted by the Greek authorities on May 15th will exceed 1% of GDP in 2019 and beyond. These policies pose risks to the achievement of the agreed basic budget surplus of 3.5% of GDP in 2019 and beyond. The measures on pension and sales tax are aimed at consumption, which will absorb the fiscal space to promote growth and reduce the tax rates of labor tax and corporate tax. If the basic budget surplus target agreed in June 2018 is changed, it needs to be discussed at the Euro Group meeting based on the latest debt sustainability analysis. Oceania Australia The unemployment rate in the property market continued to be low, and the Australian central bank cut interest rates again after three years, cutting interest rates by 25 basis points to 1.25%. On June 4th, the Reserve Bank of Australia announced a rate cut of 25 basis points to 1.25%, the lowest level in history, in line with market expectations. This interest rate cut is also the first time that the Reserve Bank of Australia has cut interest rates since August 2016. According to reports, the unemployment rate and inflation are two key indicators that lead the Australian central bank to adjust its monetary policy. In addition, the continued downturn in the property market in Sydney and Melbourne is also one of the reasons for the central bank to cut interest rates. The data shows that in the past year, house prices in parts of Sydney and Melbourne have fallen by 14%. After the Australian central bank cuts interest rates, commercial banks will decide the interest rate changes of their mortgages on their own. If commercial banks completely follow the downward adjustment of mortgage interest rates, then it will be possible to attract buyers back to the property market. After the interest rate cut, it will support the recent decline in Australian housing prices, but we should still pay attention to how much interest rate cut will be passed on by Australian banks to consumers who borrow money to buy houses. Philip Lowe, Governor of the Reserve Bank of Australia, issued a statement after the RBA’s regular monetary policy meeting in June, saying that the decision to lower the cash interest rate will help reduce unemployment and make more sure progress in achieving the inflation target. According to Lowe’s statement, the Reserve Bank of Australia’s forecast for Australia’s economic growth prospects in 2019 and 2020 remains at 2.75%. This judgment is mainly based on the increase in infrastructure investment and the active resources field, especially the support of the rising prices of export products to the economy. At the same time, however, uncertainties still exist. Due to the slow growth of household income and the decline in house prices, household consumption in Australia is sluggish. In terms of employment and inflation, despite the strong employment growth and rising labor force participation rate in the past year, the surplus capacity of the labor market has hardly developed further recently. Over the past few months, the unemployment rate has stabilized at around 5%, and it rose to 5.2% in April. At the same time, the overall wage growth is still very low. The recent inflation results are lower than expected, and the Australian central bank’s forecast for potential inflation this year is still 1.75% and 2% in 2020. Lowe said that the Australian central bank will pay close attention to the development of the labor market and adjust its monetary policy to support sustainable economic growth and achieve long-term inflation targets. Since the Reserve Bank of Australia lowered the cash benchmark interest rate to 1.5% in August 2016, it is the first time that the Reserve Bank of Australia has taken action in the field of monetary policy in the past three years. Due to the weak economy, it has been maintained for a long time, and this interest rate cut is in full line with expectations. The Australian central bank’s interest rate cut this time has also been interpreted by the outside world as opening the era of global interest rate cuts. [Comment] Following New Zealand, Australia has also taken the expected policy steps. Australia’s economy has not experienced recession for 27 consecutive years (the GDP growth rate has decreased for two consecutive quarters), which is unique among developed countries. The strong job market, abundant immigrant labor force and high demand for commodities such as iron ore have supported the country’s economy. However, in the past year, Australia’s economic expansion has begun to falter, which has also increased the expectation of loose monetary policy. For several years, Australia’s inflation level has always been below the target of 2%-3%. The Reserve Bank of Australia seeks faster economic growth to push up inflation and further reduce the unemployment rate. In addition to the sluggish inflation, the huge challenge of the economic outlook is also an important consideration. Affected by many factors, such as trade friction, the deterioration of geopolitical situation and the slowdown of global economic growth, the yields of public bonds in various countries have continued to fall. Similar to U.S. debt, the yield curve of Australian government bonds is upside down. The yield of 10-year Australian government bonds hit 1.487% last week, which was not only lower than the benchmark interest rate of 1.5% which was already at a historical low, but also widened to 75BP (basis point), a 40-year high. The Australian dollar fell to a 10-year low, and the Australian dollar/US dollar has fallen by nearly 25% in the past five years. Although the weak Australian dollar is beneficial to the tourism and education industries, it also brings a lot of benefits to the export industry, but many local enterprises feel the pressure of survival. At present, it is widely expected that the Reserve Bank of Australia will cut interest rates twice to 0.75% before February next year. Australia’s GDP in the first quarter increased by 0.4% month-on-month, and it is estimated to increase by 0.5%. On June 5th, the Australian Bureau of Statistics released data in Sydney. In the first quarter, GDP increased by 1.8% year-on-year and 0.4% quarter-on-quarter. The household savings rate in the first quarter was 2.8%; Household expenditure increased by 0.3% in the first quarter. Asia Japan G20 trade ministers meeting held in Tsukuba, Japan. On June 8-9, the G20 Trade Ministers’ Meeting was held in Tsukuba, Japan, during which a joint meeting was held with the Digital Economy Ministers’ Meeting held in the same period. The meeting was co-chaired by Japanese Minister of Economy, Trade and Industry Shigeng Hiroshi and Foreign Minister Tarō Kōno. G20 members and trade ministers or representatives of Singapore, Vietnam, Spain, Netherlands, Chile, Egypt, Nigeria and Senegal, WTO Director-General Azevedo and representatives of international organizations such as UNCTAD, World Bank, International Monetary Fund and OECD attended the meeting. Wang Shouwen, Vice Minister of Commerce and Deputy Representative of International Trade Negotiations, attended the meeting on behalf of Minister Zhongshan, and Zhang Xiangchen, Ambassador of the Permanent Mission of China to the WTO, attended the meeting. The meeting focused on global trade development, optimizing business environment, trade and investment and sustainable and inclusive growth, WTO reform, trade and digital economy, and issued a joint statement after the meeting, which made economic and trade preparations for the G20 leaders’ Osaka Summit at the end of June. All parties attending the meeting unanimously recognized the positive contribution of the WTO to international trade, and indicated that they would jointly optimize the business environment, actively build a free, open, fair, non-discriminatory, transparent, predictable and stable trade and investment environment, maintain market opening, and constructively carry out the necessary reforms of the WTO. At the same time, all parties will strengthen the linkage between trade and digital economy, actively carry out e-commerce capacity building and pragmatic cooperation, and give full play to the positive role of trade and investment in economic growth, employment increase, development and innovation in the digital age. The meeting also released a compilation of G20 policy cases and business practices, aiming at promoting inclusive and sustainable growth. In view of the rapid development and wide application of artificial intelligence technology in the world, this meeting discussed the issue of artificial intelligence for the first time. Considering employment and other factors, the meeting held that the development of artificial intelligence should be human-centered and take responsible development as the goal principle. Due to the opposition of the United States, the meeting failed to include "opposition to trade protectionism" in the ministerial statement, but only expressed concern about trade frictions in the presidential statement prepared by Japan. South Korea South Korea’s GDP in the first quarter fell by 0.4% month-on-month, compared with the previous estimate of 0.3%. On June 3, the Bank of Korea announced the revised GDP in the first quarter in a statement. South Korea’s GDP in the first quarter increased by 1.7% year-on-year; The previous estimate was an increase of 1.8%. Exports decreased by 3.2% from the previous month; Facility investment decreased by 9.1% month-on-month; Government expenditure increased by 0.4% from the previous month; Construction investment decreased by 0.8% from the previous month; Private expenditure increased by 0.1% month-on-month. [Comment] The continuous downward trend of the world economy and the simultaneous reduction of domestic investment and consumption in South Korea have jointly increased the danger of the downward trend of the Korean economy; The slowdown in global semiconductor demand and the uncertainty caused by Sino-US economic and trade frictions have impacted the Korean high-tech industry. South Korea recorded a current account deficit in April, ending its seven-year surplus. On June 4th, an indicator supporting South Korea’s strong credit rating and financial market stability showed a deficit for the first time since April 2012, and the economy, which was already hit by global growth slowdown and export decline, was further in trouble. According to the data released by the Bank of Korea, the current account balance, the broadest indicator for measuring trade in goods and services in Korea, recorded a deficit of 665 million US dollars in April due to the narrowing of the trade surplus caused by the decline in exports and the strong dividend distribution to foreign investors. Long-term surplus is the key factor for South Korea to maintain a stable sovereign rating. The rating company gives South Korea a sovereign rating of Aa2, which is on a par with Britain and France and superior to Japan. The current account surplus has also eased the impact of capital outflows that often occur in other emerging markets on the Korean financial market. The question is whether the deficit is only temporary. The South Korean government pointed out that the deficit in April was affected by the "seasonal factor" of centralized dividend distribution, and it is expected that the current account balance will rebound soon. However, unless exports can rebound quickly, South Korea’s days of running a monthly surplus of $10 billion may not return soon, which is unlikely given the escalating trade war between the United States and China. India The United States will terminate its preferential trade treatment with India. US President Trump announced that the United States will terminate its preferential trade treatment for India from June 5. India, with its slow growth and record high unemployment rate, will suffer another economic blow. According to the data of the US Congress, India has been the biggest beneficiary of the GSP system implemented by the United States for decades, which enabled India to export US$ 5.7 billion (US$ 1 is equivalent to 6.9 yuan RMB) of zero-tariff goods to the United States in 2017. In a statement issued on May 31, Trump said that he hoped more American goods would enter the Indian market. He said: "I don’t think India has promised the United States that it will open its market fairly and reasonably." He said: "Therefore, it is appropriate to terminate the treatment of India benefiting from developing countries." According to reports, Trump announced in March that he would end the preferential trade agreement with India, but did not mention the date at that time. The US trade deficit with India in fiscal year 2017-2018 reached $26.7 billion. On June 1st, India’s Ministry of Commerce and Industry made a relatively mild response to the US government’s decision: "As part of bilateral trade discussions, India has put forward solutions to the major requirements put forward by the United States in order to find a way forward acceptable to both sides. Regrettably, the United States did not accept it. " But the Ministry said that India will continue to deepen its relations with Washington. Randip, spokesman of the Congress Party? Singh? Surgy Valla pointed out that the termination of preferential trade treatment by the United States is a double blow to India. India has bowed to American pressure to stop buying oil from Iran, and now India’s special trade status in the United States is about to disappear. Indian officials have previously suggested that if Trump lets India withdraw from the plan, it may impose higher import duties on more than 20 American goods. However, the statement issued by the Indian government through the Indian Ministry of Commerce and Industry also stressed: "India will, as always, safeguard its national interests on these issues, just like the United States and other countries." [Comment] Stopping the GSP treatment for India will not only be the most severe punishment for India since Trump took office, but also open up a "new front" in the global trade war. The Bank of India cut interest rates by 25 basis points to 5.75%, the third time this year, and the adjusted interest rate hit a nine-year low. On June 6th, the Bank of India announced that it would cut interest rates by 25 basis points to 5.75%, which was the third time this year. The Bank of India adjusted its "loose" monetary stance to "neutral". Six members of the Monetary Policy Committee unanimously voted to cut interest rates by 25 basis points, and changed their position to "loose" and kept the deposit reserve ratio unchanged at 4%. This is also the third time that the Bank of India cut interest rates during the year after February and April, and the adjusted interest rate level hit a nine-year low. After the announcement of the decision to cut interest rates, Indian Rupee fell slightly, the stock market unexpectedly plunged, and the yield of government bonds fell. The Bank of India lowered its GDP forecast for 2019/2020 from 7.2% to 7.0%. It is estimated that the overall inflation will be 3.0-3.1% in the first half of 2019/2020 and 3.4-3.7% in the second half. According to the data released by the Central Bureau of Statistics of India, India’s GDP growth rate in the first quarter of this year dropped to 5.8%, the lowest since the third quarter of 2015, which was significantly slower than the growth rate of 8.1% in the same period last year. At the same time, in fiscal year 2018-2019 (from April 2018 to March 2019), India’s economy grew by 6.8%, which was lower than that in fiscal year 2017-2018. The data shows that due to the poor performance of agriculture and manufacturing, India’s economic growth rate dropped to 5.8% in the first quarter of 2019, lower than 6.6% in the previous quarter, reaching the lowest level in the past five years. In terms of inflation, the Bank of India said that even taking into account the transmission factors of interest rate cuts in the past, the overall inflation trajectory is still below the target. The Bank of India said that the minimum leverage ratio of domestic systemically important banks should be 4%, while that of other banks should be 3.5%. Even taking into account the transmission factors of interest rate cuts in the past, the overall inflation trajectory is still below the target. Citigroup: The Bank of India is expected to cut interest rates again in August. [Comment] India’s growth momentum has obviously weakened, which is reflected in the further expansion of the output gap. The sharp slowdown in investment activities and private consumption has caused concern. Australia, India and Chile cut interest rates one after another this week. Prior to May, five countries in the world cut interest rates successively, namely Malaysia, New Zealand, the Philippines, Iceland and Sri Lanka. This week, the Australian central bank cut interest rates this time, which was also interpreted by the outside world as opening the era of global interest rate cuts. Iran FGE: Iran’s oil exports have decreased by more than 70% under the new US sanctions. On June 5th, FGE, a consulting company, said that Iran’s crude oil and condensate oil exports plummeted to 350,000-400,000 barrels per day in May, compared with 1.5 million barrels per day in the first quarter. FGE predicts that exports will remain at 400,000 to 500,000 barrels per day, as some buyers try to circumvent the sanctions after initially complying with them; Saudi Arabia and Iraq are competing for the largest customer, China, to replace the Iranian share; China will continue to import about 260,000 barrels per day. Africa South Africa South Africa’s GDP in the first quarter suffered the worst contraction since 2009. On June 4th, data showed that South Africa’s economy in the first quarter was the worst since the economic recession in 2009, prompting traders to increase their bets that the central bank would cut interest rates as early as next month, and the rand fell sharply in the day. The South African Bureau of Statistics announced that the gross domestic product (GDP) shrank at an annual rate of 3.2% in the first three months of this year, the biggest quarterly decline in 10 years, partly due to power outages. The country’s GDP performance in the first quarter was weaker than expected, mainly due to the contraction of agriculture, mining and manufacturing by 13.2%, 10.8% and 8.8% respectively. The latter two industries were particularly hit by severe power outages, and the power outage in the first quarter had an impact on enterprises and consumers. Increased the risk that the economy may fall into a second recession. [Comment] The dual impact of weak mining and manufacturing activities is dragging down GDP growth, but the uncertainty of domestic policies and global trade wars may also have an impact. This economic data has increased the pressure on the central bank to lower interest rates. Second, the dynamics of bulk commodities OPEC’s oil export revenue increased to the highest level since 2014 last year. On June 3, OPEC said in its annual report that its oil export revenue increased by 17% to US$ 649 billion in 2018. [Comment] The increase in revenue shows that OPEC+ is playing a role in managing supply, thus providing economic support to member countries. Investors flocked to gold, and the largest gold ETF position was the largest increase since 2016. Affected by the renewed risk aversion, in the past few trading days, the international gold price broke through the two barriers of $1,310 and $1,320 in one fell swoop, and gradually approached the $1,330 mark, rising to the highest level since March this year. While the price of gold is rising, the positions of gold traded open-end funds (ETFs) at home and abroad are also increasing. According to the data on June 3rd, the position ETF——SPDR Gold, the world’s largest gold ETF, increased by 16.44 tons, the largest increase since July 6th, 2016, which also made the current position rise to 759.65 tons, a two-month high. [Comment] Global trade tension and weak inflation in the United States, the risk of economic growth in the United States is rising, risk aversion is heating up, and gold prices are expected to be supported. Crude oil: the prospect of OPEC’s continued production cuts pushed oil prices to stop falling and rebound. On June 4th, data showed that oil prices rebounded after falling for four consecutive trading days, and the signs of OPEC+ tightening supply exceeded the concern that the escalation of trade tensions from China to Mexico would slow down global demand. New york crude oil futures closed up 0.4%. Vitol Group, the world’s largest oil trader, predicts that OPEC and its allies will extend the production restriction agreement in the second half of 2019. Saudi Energy Minister Khalid Al-Falih said that he will do everything possible to stabilize the market. Despite this, West Texas Intermediate and Brent crude oil, the global benchmark, are still hovering near the lowest point in more than four months, and are under pressure from demand concerns. JPMorgan Chase said Wednesday that the possibility of the US economy falling into recession in the second half of this year has increased from 25% a month ago to 40%. According to UBS analysts, crude oil is expected to rise to $75 in the next three months due to insufficient supply. Socié té Gé né rale (601166) expects Brent crude oil prices to average $72.50 per barrel in the second half of the year. [Comment] With the intensification of trade tensions, the global economic situation has deteriorated. However, this macro pessimism masks the real favorable fundamentals of the oil market. The International Energy Agency (IEA) predicts that by 2024, China will account for more than 40% of the global natural gas demand growth. On June 7, the International Energy Agency (IEA) predicted that by 2024, the global LNG trade is expected to reach 546 billion cubic meters/year, an increase of 26% over 2018. By 2024, China will account for more than 40% of the global natural gas demand growth. Source: public information collation. Report statement The information on which the analysis and suggestions in this report are based comes from public information. 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(Zhao Hongjing, Dagong Credit Technology Products Department) [Policy Interpretation] Interpret the Opinions on Promoting Innovation and Upgrading of National Economic and Technological Development Zones and Creating a New Highland for Reform and Opening-up from the Perspective of Urban Investment Industry [News] Dagong Credit was invited to participate in the seminar "ESG, Credit Risk and Rating" and delivered a speech. Copyright and disclaimer All the texts, pictures, audio and video materials published by WeChat official account ("Dagong") belong to Dagong International Credit Rating Co., Ltd. (hereinafter referred to as "Dagong Credit"). Without the authorization of Dagong Credit, no unit or individual may use (including but not limited to compiling, modifying, distributing, reprinting, copying, spreading, publishing, licensing, excerpting and imitating) or permit others to use all the contents in this WeChat WeChat official account. 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It successively rated more than 10,000 enterprises in 30 provinces, municipalities and autonomous regions and more than 70 industries, and the total amount of bond financing exceeded one trillion yuan. After China Guoxin strategically reorganizes Dagong Credit, it will introduce the mature management experience of central enterprises, practice "internal strength" under the guidance of the regulatory authorities, aim at building a "world-class" rating enterprise, and strive to provide market customers with more high-quality and professional rating services in line with international standards, thus making due contributions to the development and progress of China’s rating industry. This article first appeared on WeChat WeChat official account: Dagong Credit Rating. The content of the article belongs to the author’s personal opinion and does not represent Hexun.com’s position. Investors should operate accordingly, at their own risk. (Editor: Ji Liya HN003) Continue reading » The Second Plenary Session of the Second Session of the 14th National People’s Congress was held. The top leaders Li Qiang, Wang Huning, Cai Qi, Ding Xuexiang, Li Xi and Han Zheng attended Zhao Leji t 2026年5月20日 | admin | A1 Xinhua News Agency, Beijing, March 8th-The Second Session of the 14th National People’s Congress held its second plenary meeting in the Great Hall of the People in Beijing on the morning of the 8th to listen to and consider the work reports of the National People’s Congress Standing Committee (NPCSC), the Supreme People’s Court and the Supreme People’s Procuratorate. The Supreme Leader, Li Qiang, Wang Huning, Cai Qi, Ding Xuexiang, Li Xi and Han Zheng attended the meeting. Entrusted by the National People’s Congress Standing Committee (NPCSC), Chairman Zhao Leji reported the work of the National People’s Congress Standing Committee (NPCSC) to the General Assembly. Zhao Leji pointed out in his report that 2023 is the first year to fully implement the spirit of the 20th Party Congress and the first year for the 14th the National People’s Congress Standing Committee (NPCSC) to perform its duties according to law. The National People’s Congress Standing Committee (NPCSC) comprehensively studied and implemented the spirit of the 20th Party Congress, accurately grasped the mission and tasks entrusted to the NPC by the new era and new journey, actively adapted to the general trend of development and the requirements of the times, deeply understood the decisive significance of "two establishment", strengthened "four consciousnesses", strengthened "four self-confidences" and achieved "two maintenance", adhered to the general direction, principles and principles of the NPC work, and strived for progress steadily to promote the high-quality development of the NPC work. Zhao Leji pointed out in his report that over the past year, under the strong leadership of the CPC Central Committee with the Supreme Leader as the core, the National People’s Congress Standing Committee (NPCSC) has thoroughly implemented the spirit of the work conference of the Central People’s Congress, adhered to the organic unity of the party’s leadership, the people being the masters of the country, and governing the country according to law, conscientiously fulfilled the duties entrusted by the Constitution and laws, and promoted new progress and achievements in the work of the National People’s Congress to achieve a good start. First, carry forward the constitutional spirit, fulfill the constitutional mission, and improve the level of constitutional implementation and supervision. We will improve the legal system to ensure the implementation of the Constitution, formulate a patriotic education law, review the revised draft of the Organic Law of the State Council twice, and decide to submit it to this General Assembly for deliberation. The second is to grasp the key to improve the quality of legislation and promote the socialist legal system with Chinese characteristics to be more scientific, complete and unified. Over the past year, a total of 34 legal cases were considered, of which 21 were passed, including 6 laws, 8 laws, and 7 decisions on legal issues and major issues. The third is to make good use of the supervisory power entrusted to the NPC by the constitutional law and enhance the pertinence and effectiveness of the supervision work. A total of 22 reports on "one government, two houses" were heard and deliberated, the implementation of five laws was checked, two special inquiries and seven special investigations were organized, and two resolutions were made. Handle 157,212 letters and visits from the masses in accordance with the law and regulations. The fourth is to strengthen the work capacity building of deputies to the National People’s Congress, and support and guarantee deputies to better perform their duties according to law. Take the opportunity of setting up a representative work committee, and strengthen the contact between the Standing Committee and the representatives and between the representatives and the people as the starting point to deepen and expand the representative work.Fifth, obey the overall diplomacy of serving the country and actively carry out the NPC’s foreign exchanges. Sixth, in accordance with the positioning and requirements of the "four organs", comprehensively strengthen the self-construction of the Standing Committee. In the report, Zhao Leji pointed out that we are soberly aware that there are still some gaps and shortcomings in our work, and we will listen to the opinions and suggestions of the delegates and all parties with an open mind, consciously accept the supervision of the people, and constantly strengthen and improve our work. In the report, Zhao Leji pointed out that 2024 is the 75th anniversary of the founding of People’s Republic of China (PRC), a crucial year to achieve the objectives and tasks of the 14th Five-Year Plan and the 70th anniversary of the founding of the National People’s Congress. Under the strong leadership of the CPC Central Committee with the Supreme Leader as the core, the Standing Committee of the National People’s Congress should thoroughly study and implement the Supreme Leader’s thought on the rule of law and the important thought of the General Secretary of the Supreme Leader on upholding and improving the people’s congress system, develop people’s democracy in the whole process, earnestly exercise the legislative power, supervision power, decision power and appointment and dismissal power entrusted by the constitutional law, strive for steady progress, promote the high-quality development of the work of the National People’s Congress, and provide the guarantee of the rule of law for comprehensively promoting the construction of a strong country and the great cause of national rejuvenation with Chinese modernization. In his report, Zhao Leji laid out the tasks for the coming year: strengthening the implementation and supervision of the Constitution; Perfecting the socialist legal system with Chinese characteristics; Do a solid and effective job of supervision; Give full play to the role of NPC deputies; Expand and deepen the NPC’s foreign exchanges; Improve the self-construction level of the Standing Committee. We should carefully organize activities to celebrate the 70th anniversary of the founding of the National People’s Congress, adhere to, improve and operate the people’s congress system, and unswervingly follow the road of political development in Socialism with Chinese characteristics. Zhang Jun, president of the Supreme People’s Court, pointed out in his work report on the Supreme People’s Court that in 2023, the Supreme People’s Court adhered to the guidance of Socialism with Chinese characteristics Thought, the supreme leader in the new era, faithfully performed the duties entrusted by the Constitution and laws, focused on the theme of "justice and efficiency", persisted in active judicature, and made solid progress in serving the overall situation, serving the people’s justice and promoting the modernization of trial work. The Supreme People’s Court accepted 21,081 cases and closed 17,855 cases, up 54.6% and 29.5% respectively. Courts at all levels in China received 45.574 million cases and closed 45.268 million cases, up by 15.6% and 13.4% respectively. In the report, Zhang Jun reviewed the work in 2023 from five aspects: First, serving the overall situation and ensuring high-quality development and high-level security through active justice; The second is to do justice for the people, so as to actively protect the judiciary and enhance the well-being of people’s livelihood; The third is to grasp the front end and prevent diseases, and promote national and social governance with active justice; Fourth, pay attention to trial management and team building to actively perform their duties to ensure judicial justice; The fifth is to consciously accept supervision and practice the people’s democracy in the whole process by actively performing their duties. Zhang Jun said in his report that in 2024, people’s courts should thoroughly implement the supreme leader’s thought of rule of law, and strive to support and serve Chinese modernization with the modernization of trial work. Adhere to active justice, closely promote Chinese modernization and perform their duties; Pay close attention to improving quality and efficiency and accelerate the modernization of trial work; Improve the supervision system and strive to forge a court iron army worthy of heavy responsibility. Strengthen confidence, forge ahead, be pragmatic and take responsibility, and make new and greater contributions to comprehensively promoting the construction of a strong country and the great cause of national rejuvenation with Chinese modernization. Ying Yong, Procurator-General of the Supreme People’s Procuratorate, pointed out in his work report on the Supreme People’s Procuratorate that in 2023, under the strong leadership of the CPC Central Committee with the Supreme Leader as the core and under the strong supervision of the National People’s Congress and its Standing Committee, the Supreme People’s Procuratorate faithfully performed the legal supervision duties entrusted by the Constitution and laws, handled every case with high quality and efficiency, and made new progress in various procuratorial work. Procuratorial organs throughout the country handled 4.253 million cases of various types, up 28.9% year-on-year. In the report, Ying Yong reviewed the work in 2023: First, serve the overall situation, fully perform the procuratorial function, maintain stability and promote development; Two, for the people’s justice, safeguard and improve people’s livelihood in the procuratorial work; Third, take responsibility for the rule of law and promote social fairness and justice through procuratorial supervision; Four, accept the supervision of the people, to ensure the correct exercise of procuratorial power according to law; Fifth, strengthen self-construction and forge the procuratorial iron army in the new era. In his report, Ying Yong pointed out that in 2024, the national procuratorial organs should adhere to the guidance of Socialism with Chinese characteristics Thought of the Supreme Leader in the New Era, fully implement the spirit of the 20th National Congress of the Communist Party of China and the Second Plenary Session of the 20th Central Committee, focus on politics, focus on the rule of law, continue to promote the procuratorial practice of the Supreme Leader’s rule of law thought, and support and serve Chinese modernization with the modernization of procuratorial work. We must always uphold the party’s absolute leadership over procuratorial work, resolutely safeguard national security, social stability, and people’s peace, serve the hard truth of this new era of high-quality development according to law, perform legal supervision duties with high quality and efficiency, do a good job of procuratorial work for the people that the people can experience, constantly improve the legal supervision ability, and strive to create a new situation in people’s procuratorial work. The meeting should be attended by 2,956 delegates, 2,877 attendees and 79 absentees, and the number of attendees meets the quorum. The meeting was presided over by Li Hongzhong, executive chairman and executive chairman of the Presidium of the General Assembly. Today is "March 8th" International Women’s Day. On behalf of the Presidium of the General Assembly, the meeting extended festive congratulations and good wishes to all the women delegates, committee members and staff members, to women from all walks of life in China and to women from all over the world. Executive Chairman of the conference: Yu Weiguo, Wang Ning, Wang Xiaohui, Wang Menghui, Bayin Chaolu, Feng Fei, Liu Yiliang, Sun Shaocheng, Du Jiahao, Li Xiuling, Yang Xiaochao, Zhang Youxia, Chen Gang, Lin Wu, Yi Lianhong, Zhou Zuyi, Zhao Yide, Zumu Reti Wu Buli, Ni Yuefeng, Huang Lixin, Huang Chuping, Jing Junhai, Qi. Continue reading » Bai Keming, a Master of "Knowing Electricity": Saving Ten Million Yuan Losses for Enterprises with Small Inventions 2026年5月16日 | admin | A1 Baikeming is installing a residential watt-hour meter. CCTV News:Bai Keming is the leader of scientific and technological innovation in Xinxiang Power Supply Company of Henan Electric Power Company of State Grid. As an interdisciplinary and compound technical expert, he has successively completed more than 100 scientific and technological news articles and 12 national scientific and technological works, won 130 national patents, and was awarded the honorary titles of National May 1st Labor Medal and Henan May 1st Labor Medal. Facing the industry problems, creative solutions won the first place in a row. In 1990, Bai Keming took over the post of technical director of load management system of Xinxiang Power Supply Company in Henan Province. In that era when electricity is extremely scarce, how to ensure the normal use of electricity by key customers and high-risk enterprises is a major problem for power supply enterprises. From power production test to power load management, after numerous analyses and investigations, Bai Keming came up with a scheme of "load limiting of load management system" in Xinxiang power supply area, so that Xinxiang power grid with tight power supply can also operate in a standardized and orderly manner. This load management scheme has successively set three firsts in Henan Province: the first one passed the practical acceptance of the standards issued by the Ministry; The first to complete the installation task of load management system during the peak summer of power grid and put it into operation directly; The application rate of the first pre-purchase electricity is the highest in Henan Province, which has made outstanding contributions to the enterprise management level, marketing management and the timely and full recovery of electricity charges in Xinxiang Power Supply Area. Stick to the spirit of artisans and make great contributions to small inventions. In his spare time, Bai Keming likes tinkering with some small inventions. What he never expected was that these small inventions could actually make great contributions to the country and enterprises. That was in 2000, before the popularity of mobile phones. By using the wireless data transmission technology mastered by Bai Keming, and by consulting, analyzing and identifying the data contrast between actual electricity consumption and theoretical electricity consumption, more than 10 large industrial users were found to have abnormal electricity consumption data, which saved tens of millions of yuan for power supply enterprises. Excited, Bai Keming devoted himself to scientific and technological innovation with greater enthusiasm. In September 2014, Bai Keming heard that someone was injured by electric shock when using a ladder to install a lamp holder. This incident prompted Bai Keming to start thinking about how to make the use of aluminum alloy ladders safer. After a night of fighting, Bai Keming designed a multifunctional herringbone ladder for power maintenance, and the handrail of the ladder was equipped with plug-in and telescopic lighting devices, which greatly ensured the safety of operators. Over the years, 130 scientific and technological achievements, such as six-core power data transmission shielded cable and single watt-hour meter calibration line connector, have won national utility model patents. "Without scientific and technological achievements, it is not terrible. What I am afraid of is the lack of innovative consciousness and the lack of Excellence ‘ Craftsman spirit ’ " Bai keming said. Leading the scientific research, inheriting the old master and driving the young students. As the leader of Henan province’s demonstration model worker innovation studio, Bai Keming helps young employees to transform into innovative talents through mentoring and technical training. He advocates excellent employees to take the lead, deepen team building, and hold various exchange activities regularly. In this atmosphere, Bai Keming’s studio took the lead in using drone technology to display the guide line. Compared with manual operation, this measure greatly saves manpower and time and improves the efficiency of stringing construction. In addition, the members of the studio have overcome difficulties and solved various problems in power production, making outstanding contributions to ensuring the economic development of Xinxiang. Over the years, the studio has won more than 260 national inventions. On weekdays, Bai Keming often leads the team members to carry out public welfare activities: subsidizing out-of-school children, promoting safe use of electricity, and helping the elderly … … With the broad, loving, enterprising and generous spirit, he led the studio to make great strides towards the higher and further goal of serving the society. "There is no big or small technological innovation. As long as there is innovation and promotion for society and enterprises, we should all do it." Bai Keming said this and did the same. (The material of the manuscript is provided by the Press Center of the All-China Federation of Trade Unions, please indicate the source. ) Continue reading » Yantai Cadillac XT5 price reduction news! The highest discount 130,000, the discount waits for no one 2026年5月14日 | admin | A1 Exciting news at [Autohome Yantai Promotion Channel]! This luxury SUV is being launched in the Yantai market with amazing discounts to give back the enthusiastic support of consumers. Currently, the Cadillac XT5 is running an unprecedented promotion, with discounts up to 130,000, bringing real savings to car buyers. The starting price has been reduced to 242,700, which means you can have this outstanding model at a more competitive price. For more details and higher discounts, don’t miss this rare opportunity, click "Chatti Car Price" in the quotation form to start your luxury driving journey! The exterior design of the Cadillac XT5 shows the unique charm of the brand. The front face is equipped with a classic shield-shaped grille and sharp LED headlights to create a very powerful visual impact. The body lines are smooth and dynamic, showing the perfect fusion of luxury and sports. The overall style reflects Cadillac’s usual sense of sophistication and technology, whether it is on urban streets or on suburban roads, it can attract people’s attention. The side lines of the Cadillac XT5 are elegantly designed and dynamic. The body dimensions reach 4813mm, 1903mm and 1682mm in length, width and height respectively, and the wheelbase is 2857mm, giving the vehicle plenty of interior space. The front and rear wheelbases are both 1645mm, ensuring driving stability and handling. The tire size is 235/65 R18, and it is matched with a delicate wheel rim design, which not only enhances the visual impact of the vehicle, but also ensures the grip and comfort during driving. Overall, the side design of the XT5 fully demonstrates the perfect fusion of luxury and practicality. The interior style of the Cadillac XT5 shows the perfect combination of luxury and technology. The exquisite leather steering wheel feels delicate, with manual up and down + front and rear adjustment functions, which is convenient for the driver to adjust according to needs. The 8-inch central control screen is clear and easy to use, integrates multimedia, navigation and phone functions, and supports automatic speech recognition, providing a convenient operation experience for the driver. The seats are made of imitation leather and leather, and the main and auxiliary seats support multi-directional adjustment, including front and rear, backrest, high and low and waist support, providing a comfortable riding experience. The front seats are also equipped with heating function, and the driver’s seat also has power seat memory function, while the second row of seats supports front and rear and backrest adjustment, which is extremely practical. At the same time, the layout of the USB and Type-C interfaces in the car takes into account the charging needs of passengers, providing convenience for daily travel. The Cadillac XT5 is powered by a 2.0T turbocharged engine with a maximum power of 174 kilowatts, a strong performance of 237 horsepower, and a maximum torque of 350 Nm. This engine, combined with a 9-speed automatic transmission, provides a smooth driving experience and efficient performance output. Summarizing the owner’s evaluation, the Cadillac XT5 won her admiration for its stylish and atmospheric appearance and unique design. The tough lines and sharp headlights not only convey a sense of power, but also reflect the style of the luxury brand. The smooth lines of the body and the interweaving of sunlight are like a moment of art, which makes people fall in love at first sight. The outstanding design of the Cadillac XT5 not only captured the hearts of car owners, but also undoubtedly became a striking scenery on the road. Continue reading » Two departments: adjust the basic pension for retirees in 2023, and the national adjustment ratio will be determined by 3.8% in 2022. 2026年5月10日 | admin | A1 CCTV News:Recently, the Ministry of Human Resources and Social Security and the Ministry of Finance issued the Notice on Adjusting the Basic Pension for Retirees in 2023. The main contents are as follows: With the approval of the CPC Central Committee and the State Council, the basic pension level of retirees from enterprises, institutions and institutions (hereinafter referred to as retirees) will be adjusted from January 1, 2023. The relevant matters are hereby notified as follows: First, adjust the scope. Retirees who have gone through retirement procedures before December 31, 2022 and received basic pensions on a monthly basis. Second, adjust the level. The national adjustment ratio is determined according to 3.8% of the monthly basic pension for retirees in 2022. Each province determines its adjustment ratio and level with the national adjustment ratio as the upper limit. Third, the adjustment method. Take a combination of quota adjustment, hook adjustment and appropriate tilt, and realize the unification of the adjustment methods for retirees in enterprises, institutions and institutions. The quota adjustment should embody the principle of fairness; The adjustment of linkage should reflect the incentive mechanism of overpayment and overpayment, and should be linked with the payment period (or working years) of retirees and the basic pension level; For senior retirees and retirees in hard and remote areas, the adjustment level can be appropriately improved. Continue to ensure that the basic pension for retired military cadres who have been placed in local jobs and have participated in the basic old-age insurance is not lower than the average level of basic pensions for retirees of local enterprises. It is necessary to further strengthen incentives and appropriately increase the proportion of linked adjustment. Fourth, the source of funds. The funds needed to adjust the basic old-age pension shall be paid from the basic old-age insurance fund for enterprise employees, and from the basic old-age insurance fund for government agencies and institutions. The central government will give appropriate subsidies to the funds needed by the central and western regions, the old industrial bases, the Xinjiang Production and Construction Corps, the central state organs and their affiliated institutions in Beijing. The local finance will give some subsidies to the local adjustment of the basic pension for enterprise retirees. Did not participate in the basic old-age insurance for employees, the adjustment of the funds needed by the original channel to solve. Fifth, organize the implementation. Adjusting the basic pension for retirees is an important measure to protect and improve people’s livelihood, which reflects the cordial concern of the CPC Central Committee and the State Council for the vast number of retirees. All regions should attach great importance to it, earnestly strengthen leadership, carefully organize implementation, strengthen publicity and interpretation, correctly guide public opinion, and ensure the smooth adjustment work. In accordance with the unified arrangements of the CPC Central Committee and the State Council, combined with the actual situation in the region, formulate specific implementation plans and submit them to the Ministry of Human Resources and Social Security and the Ministry of Finance for the record before May 31, 2023. It is necessary to strictly follow the implementation plan agreed by the Ministry of Human Resources and Social Security and the Ministry of Finance for the record, and put all adjustment policies in place. It is necessary to take effective measures to strengthen the management of income and expenditure of the endowment insurance fund, make arrangements for funds in advance, and ensure that the basic pension is paid in full and on time, and no new arrears may occur. Without the approval of the Ministry of Human Resources and Social Security and the Ministry of Finance, it is not allowed to raise the basic pension level of retirees by itself, and it is not allowed to raise the treatment level in disguise by setting the minimum pension standard. The adjustment of the basic pension for retirees will be included in the assessment of the endowment insurance for provincial governments. The adjustment plan of the central state organs and their affiliated institutions in Beijing is formulated and implemented by the Ministry of Human Resources and Social Security and the Ministry of Finance. Continue reading » 文章分页 1 2 … 42 Next 搜索搜索近期文章Zhoushan, Zhejiang: Digging deep and thoroughly, successfully prosecuting the "dock owner" of refined oil smuggling. "Catch the Light and Dream the Future" —— Eight New Films Released by Fantawild Animation Inc. 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