On promoting consumption expansion and upgrading
Suggestions on accelerating the formation of a strong domestic market
Development and Reform Employment [2020] No.293

People’s governments of all provinces, autonomous regions, municipalities directly under the Central Government and cities under separate state planning, Xinjiang Production and Construction Corps and relevant departments of the State Council:

Consumption is the ultimate demand and the lasting driving force of economic growth. In order to comply with the upgrading trend of residents’ consumption, accelerate the improvement of the system and mechanism for promoting consumption, further improve the consumption environment, give play to the basic role of consumption, and help form a strong domestic market, with the consent of the State Council, we hereby put forward the following opinions:

First, vigorously optimize the domestic market supply

(1) comprehensively enhance the competitiveness of domestic goods and services. Actively promote quality improvement actions and guide enterprises to strengthen total quality management. In-depth development of national quality infrastructure collaborative services and applications, and promote the "one-stop" service pilot. Improve the service industry standard system as soon as possible, and promote the revision and pilot demonstration of service standards in the fields of pension, housekeeping, nursery, culture and tourism, sports and health. Actively promote high-end quality certification in the field of consumer goods, and fully implement the project of "same line, same standard and homogeneity" for domestic and foreign products. Carry out quality grading pilot, advocate high quality and good price, and promote brand consumption and quality consumption. Promote the integration of cultural creativity and design services with manufacturing industry, support enterprises to establish platforms such as industrial design centers and creative design parks, cultivate and introduce creative design talents, and improve the cultural connotation of products. Encourage foreign trade processing and manufacturing enterprises to make full use of their own production capacity, innovate business models, and increase the supply of high-quality goods for the domestic market through self-support and cooperation. Standardize the qualification license of inspection and testing industry, improve the service ability of certification and accreditation inspection and testing technology in the field of consumer goods, and set a demonstration benchmark for enterprises to improve quality. (The Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Civil Affairs, the Ministry of Commerce, the Ministry of Culture and Tourism, the Health and Wellness Commission, the General Administration of Market Supervision, and the General Administration of Sports are responsible for the division of responsibilities.)

(2) Strengthen the construction of independent brands. In-depth implementation of the "three products" strategy of increasing varieties, improving quality and creating brands. Protect and develop Chinese time-honored brands, establish a dynamic management mechanism, and identify and cultivate a number of Chinese time-honored brands with strong cultural characteristics, high brand reputation and market competitiveness. Strengthen the construction of agricultural brand catalogue system in China, formulate and improve relevant evaluation standards and system norms, and shape a number of internationally competitive agricultural brands in China. We will continue to organize China Brand Day activities, build the brand image of China, improve the visibility and influence of independent brands, and expand the consumption of independent brands by holding the China International Forum on Brand Development, the China Independent Brand Expo and the independent brand consumer experience activities. Encourage industry associations and research institutions to carry out brand research in China. (The Central Propaganda Department, the Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Agriculture and Rural Affairs, the Ministry of Commerce, the Ministry of Culture and Tourism, and the General Administration of Market Supervision are responsible for the division of responsibilities)

(3) improving the supply of imported goods. Relying on China International Import Expo to actively expand imports and further increase the supply of high-quality goods in the domestic market. Support central cities to strengthen the "first-store economy" and "first-time economy", and encourage internationally renowned brands to launch new products in China market or simultaneously. We will implement the list of cross-border e-commerce retail imported goods and relevant regulatory policies, and supervise cross-border e-commerce retail imported goods according to personal use, except for goods in epidemic areas where the import has been explicitly suspended by the state and goods that have been subject to risk emergency treatment due to major quality and safety risks, so as to further smooth the channels for goods return and exchange. Optimize the network marketing ecology, standardize the management of large-scale cross-border e-commerce platforms, and encourage online to take the lead in realizing the same price for domestic and foreign goods. We will implement measures to reduce import tariffs on consumer goods for daily use, adjust and optimize the collection of some consumption tax items, and move the consumption tax on high-end watches, precious jewelry and jade from the import link to the retail link. (The Ministry of Finance, the Ministry of Commerce, the General Administration of Customs, the State Administration of Taxation and the General Administration of Market Supervision shall be responsible for the division of responsibilities.)

(four) to further improve the tax-free industry policy. With the goal of building a tax-free system with China characteristics, we will strengthen the top-level design, break down obstacles to the development of the industry, and improve the quality and level of the industry. Scientifically determine the functional orientation of duty-free industry, adhere to paying equal attention to serving overseas people and Chinese outbound residents, strengthen overall planning for the development of duty-free industry, and improve the policy system of duty-free industry. Improve the policy of duty-free shops in the city and build a number of duty-free shops with China characteristics. Encourage qualified cities to provide land, financing and other support for the construction and operation of duty-free shops in the city, and set up departure pick-up points for duty-free shops in the airport port. Expand the duty-free business at ports and add duty-free shops at ports. According to the improvement of residents’ income level and consumption upgrading, timely study and adjust the duty-free limit and duty-free goods. Set up a certain area of domestic product sales area in duty-free shops, guide relevant enterprises to develop high-quality domestic products with special features for duty-free channels, and build duty-free shops into an important platform to support domestic products, display independent brands and spread national traditional culture. (The Ministry of Finance, the Ministry of Commerce, the General Administration of Customs and the State Administration of Taxation are responsible for the division of responsibilities)

Second, focus on promoting the upgrading of leisure consumption of cultural tourism.

(5) Enriching the cultural tourism products with characteristics. We will build a leisure consumption system that integrates cultural tourism, multi-industry and multi-field, and build a demonstration zone for the integration and development of cultural industry and tourism industry. Promote the protection and inheritance of intangible cultural heritage, and build tourist shopping places with China cultural characteristics. Promote key cities to speed up the construction of cultural and leisure blocks, art blocks, characteristic bookstores, theaters, cultural and entertainment venues, and develop consumer gathering areas with various formats. Standardize the performance ticketing market, strengthen the management of performance tickets and work tickets, and strengthen the supervision of ticketing information. Cultivate new culture and tourism formats, encourage cultural experience tours such as museum tours, science and technology tours and folk customs tours, and develop a number of tourist routes, destinations, performing arts and creative tourism commodities with regional and ethnic characteristics that meet the needs of domestic and foreign tourists. Promote the development of global tourism and enhance the quality and brand influence of national tourist resorts. Encourage all regions to develop inbound island tourism, offshore tourism, rural tourism, ice and snow tourism, historical ancient capital cultural tourism and other special tourism according to local conditions. Accelerate the construction of demonstration area and experimental area for cruise tourism development in China. (The Ministry of Culture and Tourism, the Development and Reform Commission, the Ministry of Housing and Urban-Rural Development and the Ministry of Commerce are responsible for the division of responsibilities)

(6) Improve the inbound tourism and shopping environment. Encourage all regions and industries to use mobile phone applications (APPs) to integrate tourism product information, unblock consumer complaint channels, and improve the tourism and shopping experience. Improve the service level of "smart scenic spots" and use new technologies such as the Internet, big data, cloud computing and artificial intelligence to do a good job in passenger flow guidance and scenic spot services. Increase the training of inbound tourism professionals. Improve the multilingual service level of scenic spots, restaurants, accommodation, shopping and entertainment, airport stations and other places. On the premise of fully considering the needs of national security and personnel exchanges, we will actively study and introduce policies and measures to facilitate the entry, exit and residence of foreigners. Encourage domestic payment service institutions to cooperate with overseas card issuers to provide mobile payment services for overseas tourists on the premise of compliance with laws and regulations. Encourage shops in areas where overseas tourists are concentrated to apply to become departure tax refund shops, and optimize the service of shopping departure tax refund. Cultivate and build a number of international consumption centers and national cultural and tourism consumption demonstration cities with good basic conditions, great consumption potential and high internationalization level, and implement policies such as entry and exit convenience, payment convenience, tax refund for departure, tax exemption, etc., to form a number of tourism consumption destinations that attract overseas tourists. (The Ministry of Culture and Tourism, the Development and Reform Commission, the Ministry of Education, the Ministry of Finance, the Ministry of Human Resources and Social Security, the Ministry of Commerce, the People’s Bank of China, the State Administration of Taxation, and the Immigration Bureau are responsible for the division of responsibilities.)

(seven) innovative cultural tourism promotion model. Formulate forward-looking inbound tourism marketing strategic planning, give full play to the role of regional tourism promotion alliances, industry associations and new media, and continue to promote and shape the image of "beautiful China". Encourage the establishment of professional cultural tourism image marketing institutions, and explore the establishment of an all-round promotion and publicity model with government-set, enterprise-led, online and offline integration and tourists’ participation and interaction. Make full use of the channels of overseas travel agencies, innovate the business cooperation mode, and promote overseas travel agencies to introduce China tourism brands and sell China tourism products. (The Ministry of Culture and Tourism, the Central Propaganda Department and the Development and Reform Commission are responsible for the division of responsibilities)

Third, focus on building an urban-rural integrated consumption network

(eight) combined with the regional development layout to create a consumer center. We will continue to promote the construction of metropolitan areas, continuously improve the level of public service sharing and infrastructure interconnection in metropolitan areas, accelerate the upgrading of mature business districts, and form a number of regional consumption centers. Optimize the planning and layout of department stores and shopping centers, guide industries to be moderately concentrated, and avoid disorderly competition. Support business transformation and upgrading, promote retail transformation and innovative business model, focus on reducing intermediate links and operating costs such as logistics, improve scale efficiency and improve consumption experience through precise marketing and collaborative management. Promote the development of community life service industry, vigorously develop community businesses such as convenience stores and community vegetable shops, broaden property services, and accelerate the construction of community convenience business circles. Promote the transformation and upgrading of commercial pedestrian streets, further expand the scope of demonstration pilots, fully reflect local characteristics, improve consumption formats, and create a one-stop comprehensive consumption platform. (The Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Natural Resources, the Ministry of Housing and Urban-Rural Development, the Ministry of Agriculture and Rural Affairs, the Ministry of Commerce and the Ministry of Culture and Tourism are responsible for the division of responsibilities.)

(9) Optimize the layout of urban and rural commercial outlets. Encourage and guide large-scale commercial retail enterprises with strength and willingness to build chain outlets in small and medium-sized cities, and promote the sales of branded goods that meet the needs of the local market. We will further promote the special action of efficient distribution in urban and rural areas. Enrich the supply of goods suitable for rural consumers, improve the supply channels, give full play to the advantages of the existing rural outlets in the postal system and the supply and marketing cooperatives system, implement "postal service in the countryside" and upgrade "express delivery to the countryside". We will launch a pilot project to standardize the construction of rural food stores. Strengthen the construction of agricultural product supply chain system, expand the coverage of e-commerce in rural areas, and promote the two-way circulation of industrial products to the countryside and agricultural products to the city. Carry out in-depth consumption poverty alleviation, build a platform for cooperation and exchange between Internet companies and poverty-stricken areas, and boost the sales of agricultural products with distinctive advantages in rural areas, especially in deep poverty-stricken areas. (The Ministry of Commerce, the Ministry of Transport, the Ministry of Agriculture and Rural Affairs, the General Administration of Market Supervision, the Ministry of Natural Resources, the Post Office, the Poverty Alleviation Office, and the Supply and Marketing Cooperatives are responsible for the division of responsibilities)

(ten) to strengthen the construction of consumer logistics infrastructure. Promote the overall layout and integrated development of e-commerce logistics nodes and railway, highway, water transport and air transport networks, and build a number of integrated logistics centers. Improve urban logistics distribution facilities such as parking, loading and unloading, optimize the traffic management of urban distribution vehicles, simplify the process of handling passes, promote online application, and limit the number of pure electric light trucks. Improve the rural logistics infrastructure network, speed up the construction of production bases, public welfare agricultural products wholesale markets, regional trade logistics distribution centers, community vegetable markets, terminal distribution outlets, and increase support for the construction of integrated distribution facilities such as agricultural products sorting, processing, packaging and pre-cooling. (The Ministry of Transport, the Development and Reform Commission, the Ministry of Public Security, the Ministry of Housing and Urban-Rural Development, the Ministry of Agriculture and Rural Affairs, the Ministry of Commerce, the Railway Bureau and the Civil Aviation Administration are responsible for the division of responsibilities)

Fourth, accelerate the construction of a "smart+"consumption ecosystem

(eleven) to speed up the construction of a new generation of information infrastructure. Accelerate the construction and commercialization of information infrastructure such as 5G networks. Support the use of 5G technology to transform and upgrade the cable TV network, and realize the wired and wireless interaction of residents’ families, large-screen and small-screen interaction. Promote the deployment of applications in the Internet of Vehicles. We will comprehensively promote information access to villages and households, build a comprehensive information service system for agriculture, and rely on the "internet plus" to promote the extension of public services to rural areas. Improve the access rate and popularization level of broadband users in rural areas, and reduce the use cost of rural information networks. (The Ministry of Industry and Information Technology, the Development and Reform Commission, the Ministry of Housing and Urban-Rural Development, the Ministry of Agriculture and Rural Affairs, and the State Administration of Radio, Film and Television are responsible for the division of responsibilities)

(12) Encourage the development of new consumption patterns such as online and offline integration. Improve the "internet plus" consumption ecosystem, encourage the construction of "smart stores", "smart blocks" and "smart business districts", and promote online and offline interaction and business travel style coordination. Encourage qualified cities and enterprises to build a number of online and offline new consumer experience halls, and promote the popularization and application of new consumption formats, new models and new scenarios. (The Ministry of Industry and Information Technology, the Development and Reform Commission, the Ministry of Commerce, the Ministry of Culture and Tourism, and the General Administration of Sports are responsible for the division of responsibilities)

(thirteen) to encourage the use of green smart products. Improve the standard system of green products and services and the certification system of green labels. We will focus on the supply of green products, the construction of green bus facilities, energy-saving and environmentally-friendly buildings and related technological innovations to promote green consumption and create green shopping malls. We will implement the current subsidy policy for the promotion and application of new energy vehicles by the central government and the award and compensation policy for infrastructure construction, and promote all regions to change the scope of local financial support from the purchase link to the operation link according to regulations, focusing on supporting urban public transport. Vigorously promote the construction of "smart radio and television" and promote the upgrading of household cultural consumption. Accelerate the development of new information products such as ultra-high definition video, virtual reality and wearable devices. Encourage enterprises to use the Internet of Things, big data, cloud computing, artificial intelligence and other technologies to promote the intelligent upgrade of various electronic products. Accelerate the improvement of recycling networks in the fields of motor vehicles, household appliances and consumer electronic products. In light of the actual situation, all regions have formulated a consumption renewal policy that combines incentives and compulsion, encouraged enterprises to carry out trade-in and reasonably guide consumption expectations. Promote the scrapping and updating of motor vehicles, speed up the introduction of detailed rules for the implementation of the management measures for the recycling of scrapped motor vehicles, strictly implement the technical specifications for recycling and dismantling enterprises of scrapped motor vehicles, and improve the implementation guidance for the scrapping and updating of agricultural machinery. Promote the change of automobile purchase restriction to guiding use policy, and encourage automobile purchase restriction areas to appropriately increase the number plate limit. (Development and Reform Commission, Ministry of Industry and Information Technology, Ministry of Finance, Ministry of Ecology and Environment, Ministry of Housing and Urban-Rural Development, Ministry of Transport, Ministry of Agriculture and Rural Affairs, Ministry of Commerce, General Administration of Market Supervision, State Administration of Radio, Film and Television are responsible for the division of responsibilities)

(fourteen) vigorously develop the "internet plus social service" consumption pattern. Promote the online and offline integrated development of education, medical health, pension, nursery, housekeeping, culture, tourism, sports and other services, expand service content and expand service coverage. Explore the establishment of online education course certification, electronic signing of family doctors and other systems to support the development of community home "virtual nursing homes." Encourage high-level social service institutions as the core, and establish a remote online service system for grassroots areas, underdeveloped areas and remote areas. (The Development and Reform Commission, the Ministry of Education, the Ministry of Industry and Information Technology, the Ministry of Civil Affairs, the Ministry of Housing and Urban-Rural Development, the Ministry of Commerce, the Ministry of Culture and Tourism, the Health and Wellness Commission, and the General Administration of Sports are responsible for the division of responsibilities.)

Fifth, continuously improve the consumption power of residents

(fifteen) to promote the income of key groups to stimulate consumption potential. Further reform and improve the vocational education system, carry out vocational skills training on a large scale, improve the skill level of skilled workers, and improve the distribution policy of professional and technical personnel. Promote the diversification of rural economy, support migrant workers, college graduates, retired military personnel and other personnel to return to their hometowns to start businesses, and tap the potential of new agricultural business entities to increase income. We will continue to deepen the reform of the household registration system, so that more agricultural migrants who have a stable employment and life in cities and towns can settle down, and strive to eradicate the problem of wage arrears for migrant workers. (The Development and Reform Commission, the Ministry of Education, the Ministry of Public Security, the Ministry of Human Resources and Social Security, and the Ministry of Agriculture and Rural Affairs are responsible for the division of responsibilities)

(sixteen) to stabilize and increase the property income of residents. Enrich and standardize residents’ investment in wealth management products, and appropriately expand the issuance quota of national debt and local government bonds for individual investors. We will stabilize the expectation of property income in the capital market, improve the dividend incentive system, and resolutely investigate and deal with acts that seriously damage the dividend rights and interests of small and medium-sized investors. We will deepen the reform of rural land and collective property rights system, steadily promote the entry of rural collective construction land into the market, and explore giving farmers the right to possess, benefit, withdraw with compensation, mortgage, guarantee and inheritance shares of collective assets. (The Ministry of Finance, the Ministry of Natural Resources, the Ministry of Agriculture and Rural Affairs, the People’s Bank of China and the CSRC are responsible for the division of responsibilities)

Sixth, create a safe consumption environment in an all-round way

(seventeen) to strengthen the supervision of market order. Strengthen law enforcement against unfair competition and maintain a fair competition market environment. Severely crack down on all kinds of illegal and criminal activities such as infringing intellectual property rights and manufacturing and selling fake and inferior commodities, thoroughly investigate the production source and sales network, and carry out a full-chain crackdown to effectively purify the consumption environment. Strengthen the supervision of the entry of personal belongings, and improve the efficiency and accuracy of on-site inspection. Increase the punishment for illegal purchasing and other illegal acts, and block the "side door" of illegal entry of related commodities. Strengthen the construction of safety traceability system for imported products and improve the transparency of imported products and channels. Encourage local regulatory platforms, e-commerce platforms, third-party traceability platforms and national important product traceability platforms to exchange information. (The General Administration of Market Supervision, the Ministry of Public Security, the Ministry of Commerce and the General Administration of Customs are responsible for the division of responsibilities)

(eighteen) actively promote the construction of credit system in the field of consumption. Improve the personal information protection system and post-consumption evaluation system, vigorously optimize the online consumption environment, and intensify efforts to crack down on black industrial chains such as online billing and speculation. Make full use of the national credit information sharing platform and the basic database of financial credit information to establish and improve the credit records of enterprises and related personnel. Strengthen the public function of "Credit China" website and national enterprise credit information publicity system, and gradually realize the disclosure of information that does not involve state secrets, business secrets or personal privacy, such as administrative license, administrative penalty, product sampling results and defective product recall, to the whole society in accordance with the law, so as to provide the public with one-stop credit information inquiry and consumption warning prompt service. (The Development and Reform Commission, the Ministry of Commerce, the People’s Bank of China and the General Administration of Market Supervision are responsible for the division of responsibilities)

(nineteen) smooth channels for consumer rights protection. Strengthen the 12315 administrative law enforcement system and the informatization construction of consumer rights protection, form an online and offline consumer rights protection service system, and strengthen the administrative protection of consumer rights. Implement product injury monitoring and preventive intervention. Strengthen service quality monitoring for key service areas where quality problems are concentrated and people are concerned. Strictly implement the seven-day unreasonable return system for goods purchased online, and encourage offline stores to independently promise to return goods without reason. Support all regions to explore the establishment of a system of unreasonable return of local tourism products. Carry out publicity of consumer complaint information, and make use of the Internet, radio and television, electronic bulletin boards of rights protection service points and other forms to publicly complain about product and service information. Give full play to the function of media supervision and increase the exposure of illegal acts that infringe on the legitimate rights and interests of consumers. (Responsible by the General Administration of Market Supervision)

National Development and Reform Commission
Central Propaganda Department
Ministry of Education
Ministry of Industry and Information Technology
Ministry of Public Security
Ministry of Civil Affairs
the Ministry of Finance
Ministry of Human Resources and Social Security
Ministry of Natural Resources
Ministry of Ecology and Environment
Ministry of Housing and Urban-Rural Development
Ministry of Transport
Ministry of Agriculture and Rural Affairs
Ministry of Commerce
Ministry of Culture and Tourism
Health and wellness Committee
People’s Bank of China
General Administration of Customs
General administration of taxation
General administration of market supervision
National Radio and Television Administration
General administration of sports
Securities Regulatory Commission
February 28, 2020

The fifth day of the fifth month of the lunar calendar is a traditional festival in China-Dragon Boat Festival. For more than 2,000 years, the Dragon Boat Festival has been a festival to commemorate the folk customs of all ethnic groups in China. From rowing dragon boats, eating zongzi and inserting calamus in ancient times to today’s national fitness, epidemic prevention, dispelling diseases, expelling heat and praying for health, many ancient customs have been completely passed down, and new good wishes have been added at the same time.

Dragon Boat festival

five

moon

initial

five

Every Dragon Boat Festival, the first thing that comes to our mind is to eat zongzi-sweet, salty, meaty and vegetarian. It can be said that every family has its own housekeeping skills, and every place has its own preferences.

The reason why Zongzi can be used as the representative food of the Dragon Boat Festival is to throw it into the river to prevent fish and shrimp from biting Qu Yuan’s body. Second, it is because the edges and corners of zongzi are like a knife, which can eradicate diseases and disasters.

Eating zongzi on Dragon Boat Festival not only carries the feelings of home and country, but also contains the deep feelings of family and friends getting together. Zongzi is known as one of the traditional foods with the deepest historical and cultural accumulation in China.

Do you know the origin of the Dragon Boat Festival?

When it comes to the origin of the Dragon Boat Festival, Qu Yuan is probably the first thing that comes to mind. According to legend, the king of Chu listened to slanderous rumors and exiled Qu Yuan. After Qin conquered the capital of Chu, the desperate Qu Yuan threw himself into the Miluo River with a big stone in his arms. After the death of Qu Yuan, the people of Chu were so sad that they flocked to the Miluo River to pay their respects to Qu Yuan, and there was a custom of dragon boat race and eating zongzi during the Dragon Boat Festival.

Do you know all the names of the Dragon Boat Festival?

The record of local customs in the Western Jin Dynasty contains "Midsummer Dragon Boat Festival". The end, the beginning. " This is the earliest origin of the word "Dragon Boat Festival".

There are many names for the Dragon Boat Festival, such as Duanyang, Yulan Festival, Dragon Boat Festival, Chongwu Festival, Dragon Festival, Zhengyang Festival, Tianzhong Festival and so on.

But what many people don’t know is that the Dragon Boat Festival also has the nickname "Daughter’s Day". In ancient times, from the first day of May to the fifth day of May, every family dressed up their girls and folded a pomegranate hairpin on their heads. This is considered as a ritual to avoid the "poison" in May and pray for the health of girls at home. Even if the daughter in the family grows up and marries, she will go back to her mother’s house to spend the holidays with her parents. Therefore, the Dragon Boat Festival is also called "Daughter’s Day".

How much do you know about the custom of Dragon Boat Festival?

Besides eating zongzi, there are many customs in the Dragon Boat Festival. How much do you know?

pick

Chinese mugwort

grass

Legend has it that in ancient times, the gods had an agreement with the water monster, so long as people hung wormwood and calamus in front of their doors, the water monster should not be offended, so people liked to pick and hang wormwood on the Dragon Boat Festival, hoping to dispel demons and defend their families.

Wormwood itself has the functions of dispelling cold and removing dampness, warming meridians and stopping bleeding, and its stems and leaves contain volatile aromatic oil, which can repel mosquitoes and flies and purify the air. The smoke produced by the smoking of mugwort leaves can inhibit the spread of viruses and bacteria in the air.

game

dragon

boat

Qu Yuan threw himself into the river with hatred, and the people of Chu were reluctant to part with the death of his sage Qu Yuan, so many people rowed to catch up and save, which was the origin of the dragon boat race, and thus the dragon boat race became one of the most traditional customs of the Dragon Boat Festival.

Every year during the Dragon Boat Festival, the dragon boat race is an annual feast that can’t be missed. The "Hey Yo" sound of Qi Xin’s rowing inspires the players and the people watching the battle on the shore.

put on

fragrant

bag

The ancients also wore sachets on the Dragon Boat Festival. In order to scent, repel insects and avoid plague, sachets were often filled with some traditional Chinese medicines with the function of "fragrant filth", such as clove, angelica dahurica, Pogostemon, perilla, mint, etc., which can refresh the mind, invigorate the spirit, dredge the nine orifices and prevent plague.

tie

five

colour

rope

In ancient times, people were superstitious that the Dragon Boat Festival was the most unlucky and poisonous day of the year. Therefore, during the Dragon Boat Festival, every household should wear colorful ropes on their children’s wrists, that is, ropes made of five kinds of colored lines, namely red, yellow, blue, green and purple, to ward off evil spirits, drive away plague and turn good luck into good luck.

Dragon Boat Festival carries people.

Memories of sages

The pursuit of health

Prevention and treatment of diseases

Expectation for a better life

……

finally

I wish you all.

Wish you peace and health on Dragon Boat Festival!

Original title: "Dragon Boat Festival, Taste Dragon Boat Festival and Inherit Civilization"

Read the original text

　　Stock trading depends on Jin Qilin analyst research report, which is authoritative, professional, timely and comprehensive, and helps you tap the potential theme opportunities!

　　Produced by: Sina Finance Research Institute of Listed Companies

　　Author: ZZX

　　In April 2018, Dong Mingzhu mentioned in an interview.Shi Zeng responded domineering: "He (referring to Midea Group) is not an opponent at all. If I regard him as my opponent, I feel very sad." "I am the world’s boss in the field of air conditioning. Who is he?"

　　However, in just a few years,From "despising beauty" to "not catching up with beauty". According to the report of the first three quarters of 2023, Midea Group achieved sales of 292.38 billion yuan in the first three quarters, while the sales of Gree Electric in the same period was only 155.8 billion yuan, and the revenue of Midea Group exceeded that of Gree Electric by 136.58 billion yuan. From the perspective of profit, Gree Electric’s net profit opened a gap with Midea Group after 2019.

　　Then, why did Gree Electric fall far behind Midea Group in terms of revenue scale and net profit scale in just a few years? Is there a problem with Gree Electric’s corporate strategy and internal management?

　　Many strategic misjudgments have widened the gap between Gree Electric and Midea Group’s revenue and net profit.

　　By comparing the revenue scales of Gree Electric and Midea Group in recent years, we can also see that 2019 is a watershed between them. From the perspective of revenue, the revenue growth rate of Midea Group surpassed that of Gree Electric in 2019, and continues to increase. In addition to the HVAC business, the rapid growth of Midea Group’s revenue is mainly based on the rapid recovery of its small household appliances business after the epidemic.

　　From the perspective of net profit, Gree Electric’s net profit growth rate has been surpassed by Midea Group since 2018, and the net profit has been surpassed by Midea Group in 2019, and the gap has widened after the epidemic.

　　Gree Electric’s recovery after the epidemic is relatively weak. In terms of total revenue, the total revenue from January to September 2023 was basically the same as that in 2019 before the epidemic, but the net profit was not as good as that in 2019.

　　Going deep into the income statement, the sales expenses and management expenses of Gree Electric in the first three quarters of 2023 were 13.28 billion and 4.78 billion respectively, up by about 59% and 20% year-on-year.

　　Gree Electric mentioned in the company’s semi-annual report in 2023 that the reason for the increase in sales expenses was "the increase in product installation and maintenance fees". The author thinks that the cost increase is mainly due to the over-concentration of Gree Electric’s main business, and the air-conditioning industry accounts for about 70% of the company’s main business for a long time, lacking product diversity. Compared with Gree Electric, Midea Group’s business is obviously more diversified. In recent years, Midea Group’s continuous efforts in consumer electronics business have made the company’s revenue resilient and wide-ranging.

　　By analyzing the company’s strategy, the author thinks that the following three events may make Gree Electric be surpassed by Midea Group during the epidemic period and continue to widen the distance.

　　First, in 2012, Zhu Jianghong retired, Dong Mingzhu took over from Gree Electric, while He Xiangjian, the founder of Midea Group, retired and Fang Hongbo (Jin Qilin analyst) took over. The two sides chose different strategic paths at this critical moment. Midea group actively embraced the second curve and increased investment in new product research and development; Gree Electric, on the other hand, under the leadership of Dong Mingzhu, focused on the main business of air conditioning, and his business diversification was a little late.

　　Secondly, Midea Group complied with the trend of China’s business transformation, from scale economy to quality economy, and implemented supply-side reform and "efficiency-driven" strategy. Through the reconstruction of T+3 mode, agile operation and flexible manufacturing can be realized. Gree Electric, on the other hand, insists on the traditional mode of "pressing goods, rebate and fixing sales by production", which leads to rising costs and declining efficiency.

　　Finally, in the face of the rise of e-commerce, Midea actively implements the "two-wheel drive" strategy, which not only improves the efficiency of traditional channels, but also innovates the marketing model to conform to the development of e-commerce. However, Gree Electric’s e-commerce channel was slow and relatively negative in the early stage, which led to the online market share being surpassed by Midea Group.

　　It is noteworthy that Gree Electric entered the smart phone market in 2015. In 2017, on the first generation of Gree mobile phones, Dong Mingzhu, the chairman of Gree Electric, put his head on the boot screen of the mobile phone, and every time the user turned on the phone, he could see Dong Mingzhu’s photo with greetings from Dong Mingzhu below.

　　Although Gree Electric has never published its mobile phone sales, according to the sales data of several e-commerce platforms, the total sales volume of Gree mobile phones since its establishment in 2015 is about 40,000-50,000 units. In contrast, in 2023 alone, the total shipments of mobile phones in the domestic market totaled 289 million units.

　　In the smart phone market with many high-tech companies, such as Xiaomi Company, which focuses on cost performance, and Huawei Apple, which focuses on high-end, Gree Electric’s failure in the mobile phone market may have become inevitable.

　　The crumbling air-conditioning business in the post-cycle era of real estate

　　Lack of significant second growth curve support, business is concentrated in air-conditioning business in Gree Electric. At the bottom of the post-cycle of real estate, whether the company’s revenue can maintain the status quo may also be debatable.

　　As a daily electrical appliance purchased by every household, air conditioning benefited from the vigorous development of China’s real estate market in the past, and also ushered in its own prosperity. A number of studies show that, although there is a certain lag, there is a high correlation between the sales volume of air conditioners and the number of new houses delivered.

　　According to the data of the National Bureau of Statistics, in 2023, the national real estate development investment was 11,091.3 billion yuan, down 9.6% from the previous year; Among them, residential investment was 8,382 billion yuan, down 9.3%. From the real estate market pain caused by aging and economic transformation, the author will put a question mark on the sustainable growth of Gree Electric’s revenue.

　　Review Salon is a learning platform for work exchange and theoretical discussion built by the editorial department of Financial Review for the vast number of financial review workers in China, which has played an active role in publicizing financial policies, exchanging review experience and exploring cutting-edge theories. After fierce competition, the hosting right of the second judging salon in 2020 was obtained by Qinghai Provincial Financial Investment Appraisal Center. From March 24th to 26th, the director of the Center, Comrade Xue Kai, led a team and invited Comrade Liang Weihua from the Budget Performance Management Office of the Office to form a 16-member presiding team. With the theme of "How to carry out budget performance management according to the principle of full coverage, whole process and all-round", we conducted online learning and discussion with financial evaluation institutions at all levels in China with WeChat platform as the carrier.

　　In a short period of three days, the presiding team focused on how to build a budget performance management system with "objectives in advance, monitoring in the process, evaluation afterwards and application of evaluation results", focusing on eight sub-topics, such as how to build a budget expenditure standard system, how to do a good job in budget performance management through monitoring in the process, and how to carry out project expenditure performance evaluation, and fully demonstrated the achievements of budget performance management in our province to all levels of national evaluation institutions, which were echoed by provincial evaluation experts.

　　The success of this appraisal salon has brought a feast of learning and communication to the national financial appraisal institutions. The wonderful discussion of appraisal experts fully embodies the advantages and values of financial investment appraisal service performance management, effectively enhances our deeper understanding and cognition of budget performance management, and opens up new ideas and new ways for the investment appraisal center to better serve the financial work in the future.

In order to thoroughly implement the important exposition of the Supreme Leader General Secretary on scientific and technological innovation and the spirit of the important instructions on the reform, innovation and development of the aviation industry, the leaders of the party group of China Aviation Industry Corporation put forward new requirements and made new arrangements for the scientific and technological innovation work of the group during the investigation of the subordinate units of the group. On the occasion of the eighth "National Day of Science and Technology Workers", China Aviation Industry Corporation focused on serving the front line of science and technology and launched a series of actions with the theme of "New Wisdom" to provide more convenient and efficient conditions for scientific and technological innovation for the majority of scientific and technological workers, and further stimulate their enthusiasm for self-reliance and self-reliance in aviation high-level science and technology.

1. Party leaders went deep into the front line to investigate scientific and technological innovation.

▲ The leaders of the group’s party group investigate scientific and technological innovation.

The party group of China Aviation Industry Corporation attaches great importance to scientific and technological innovation and always puts scientific and technological innovation at the core of the overall development. Recently, Zhou Xinmin, Party Secretary and Chairman of China Aviation Industry Corporation, and Hao Zhaoping, Deputy Party Secretary and General Manager, went to Jiangxi, Shanghai, Gansu and other places to carry out relevant research work and visit cutting-edge scientific and technological innovations. In order to further promote the construction of China Aviation Industry Corporation’s capability center and sharing center, new requirements are put forward for scientific and technological innovation: first, we must resolutely take the lead in the aviation industry as the "flower of modern industry and the crown of manufacturing industry" and give full play to the role of scientific and technological innovation; Second, we should cultivate and develop new quality productivity, strengthen the research on basic technology and applied technology, and improve the laboratory system with integrated group and full professional coverage; Third, we must continue to improve the product pedigree, accelerate the breakthrough of key core technologies, and promote high-level and stable development through innovative development.

2. The Group’s first green book on scientific and technological innovation was officially released.

After careful planning, we carefully sorted out the main scientific and technological innovation planning channels, scientific and technological awards, achievements transformation, standards and norms, innovation platforms, digital aviation and innovation activities in higher authorities and groups in recent years, and compiled the Green Book of Scientific and Technological Innovation of China Aviation Industry Corporation Limited (2024 Edition) to provide desk reference books and innovative inspiration sources for the majority of scientific and technological workers.

3. The first "Learn from others" activity of the Group was officially launched.

In order to stimulate the innovation potential of young aviation science and technology workers and promote the cooperation of scientific and technological innovation in various units, China Aviation Industry Corporation (AVIC) relies on the "Aviation Industry Innovation Port" to carry out the innovation activities of the Young Doctor Association of Scientific and Technological Innovation. Since the launch of the activity, 169 doctoral members have completed the talent storage, and 101 projects have been declared. More than 600 leaders and experts, including group leaders, academicians and chief experts, participated in the voting and selection, and the List of Projects to be Supported by Learning from Others has been formed, and the project implementation will be promoted as planned in the future.

4. The first phase of the Group’s "Qingyun Project" was officially launched.

In order to strengthen the national strategic strength of aviation science and technology, build a highland of scientific and technological talents in aviation industry in Beijing, and build a digital innovation headquarters base, with the strong cooperation of China Aviation Industry Corporation and Beijing Municipal Government, the A1 scientific research building of the first phase of "Qingyun Project" passed the acceptance and was officially put into use, which will provide a cohesive environment for the majority of aviation science and technology workers, give full play to the driving role of aviation science and technology innovation scenes, drive the development of cutting-edge, systematic and basic technologies, and strive to build a world-class scientific and technological innovation base camp with modern aviation characteristics.

5. The research and development of the group’s "Smart Navigation, Quality Improvement and Efficiency Enhancement" model was completed.

In order to promote the in-depth application of artificial intelligence in the aviation field and use intelligent tools to serve scientific and technological workers to carry out scientific and technological innovation activities, China Aviation Industry Corporation has launched a large model of "Intelligent Navigation, Improving Quality and Increasing Efficiency" to realize the functions of comprehensive understanding and analysis of massive information, human-computer natural language interaction, intelligent semantic retrieval and generation, intelligent assistance in scientific research management, etc., to improve the work efficiency of scientific and technological workers in many aspects such as policy inquiry, scientific research management and achievement declaration, and to empower and increase efficiency in scientific and technological innovation.

At the same time, many units of China Aviation Industry Corporation have carried out various thematic activities such as scientific and technological innovation achievements exhibition and scientific and technological competition in a strong atmosphere of scientific and technological innovation.

May 30th.

"National Day of Science and Technology Workers"

Pay tribute to every scientific and technological worker!

Iron powder must be seen.

Original title: "China Aviation Industry Corporation launched a series of actions on the theme of" new wisdom "for scientific and technological workers"

Read the original text

　　BEIJING, Beijing, March 17th (Xinhua)-Work is "lying flat", "eating heart" does not change, alcohol addiction is hard to stop, people are keen on organizing games, and playing cards to slap eggs … …

　　A few days ago, the Supervision Committee of the Commission for Discipline Inspection of Xuancheng City, Anhui Province issued the "Announcement on Accepting Complaints and Reports on Outstanding Cadres’ Work Style in the City", and the above behaviors were all within the scope of reporting.

　　The problem of "six heavy and six light" can be reported.

　　The outstanding problems of cadres’ work style accepted by Xuancheng this time are focused on the "six stresses and six despises" in environmental work for the people and enterprises: the problem of emphasizing form over content, the problem of emphasizing process over results, the problem of emphasizing procedure over effectiveness, the problem of emphasizing overweight over burden reduction, the problem of emphasizing achievements over potential achievements, and the problem of emphasizing pleasure over struggle.

　　For example, we should pay more attention to form than content, implement the decision-making and deployment of superiors, pretend to engage in form, mechanically implement policy measures and work arrangements, copy them, serve the masses well, look good, and do difficult things.

　　Emphasis on achievements over potential achievements, biased view of achievements, disrespect for objective reality and the needs of the masses, arbitrary decision-making, blind decision-making, illegal decision-making, superficial articles, image projects, keen on piling bonsai, creating bright spots, and ostentation and extravagance.

　　Pay more attention to pleasure than struggle, work lightly, be afraid of hardship and tiredness, be a "lying-flat" cadre, pursue extravagant enjoyment, "eat your heart", be addicted to alcohol, be keen on organizing games to drink, play cards and slap your eggs, and even take advantage of your position to eat and get cards.

　　In the reporting methods announced by Xuancheng City, in addition to the letter address and telephone number, there are also websites and new media channels. The announcement also includes a QR code for reporting WeChat.

　　Screenshot of the website of the Commission for Discipline Inspection of Xuancheng City, Anhui Province

　　Open more reports, engage in appraisal, and rectify the style of cadres

　　In response to the problem of cadres’ work style, in recent years, many channels for reporting by the masses have been opened.

　　In June last year, Wolong District, Nanyang City, Henan Province issued an announcement to collect clues about the problem of "lying cadres" in all units in the region.

　　The collection of clues for "lying cadres" includes 10 aspects, such as "muddling through work and being satisfied with meeting" and "‘ Statement ’ After that, nothing ‘ Performance ’ , serving the masses depends on ‘ Performance ’ " "I don’t say anything at ordinary times, I don’t know anything", and so on.

　　Last year, Hanshou County, Hunan Province launched a public image evaluation activity for cadres. According to the main image of cadres at work, the evaluation content was divided into four types: "practical, chatting, making trouble and lying flat".

　　For example, cadres who dare to take responsibility, be conscientious and achieve remarkable results are practical; The cadres who are "idle, sit and talk, tell others what to do, have a low eye, make a good statement, implement it poorly, and talk about people behind their backs" are chatty; Cadres who "don’t talk about politics, talk nonsense that they shouldn’t, buck-passing, and disobey" are mischievous; Cadres who "have low work standards, are not enterprising, muddle along, have no motivation, are helpless and let nature take its course" are lying flat.

　　In Guizhou, the Commission for Discipline Inspection and Supervision of Honghuagang District, Zunyi and the Business Environment Bureau of the Joint District also set up the "Snail Award", which included procrastination, perfunctory responsibilities, disregard for the interests of the masses, and ineffective rectification of problems, and awarded the "Snail Award" in the form of monthly assessment and quarterly awards.

　　Let cadres who muddle along and do nothing have no market.

　　In this year’s Spring Festival Evening sketch "Pit", the "lying cadres" portrayed by actor Shen Teng became a hot topic for a while.

　　According to the commentary published on the website of the State Supervision Commission of the Central Commission for Discipline Inspection, the treatment of "lying cadres" requires the right medicine and multiple measures. One of the most important aspects is to establish and improve a scientific mechanism for selecting and employing people, encourage them to take responsibility, identify, select and make good use of cadres, resolutely say no to "lying cadres", firmly applaud those responsible, and select "aggressive" and "dry" to avoid.

　　Zhu Lijia, a professor at the Central Party School (National School of Administration), told the reporter of Zhongxin. com that there is no market for cadres who lie flat and do nothing. The starting point of exploration in some places is worthy of recognition. However, the more important task is to improve the performance evaluation mechanism of cadres and consolidate long-term supervision.

　　Experts said that we should explore the establishment of a "negative list" of work style problems, standardize and program the daily cadre supervision system, strengthen performance evaluation and social supervision, and look at achievements, effects and word of mouth, so that cadres can’t "lie flat" or dare to "lie flat". (End)

　　Test drive "Red Flag is back." In the past 20 years, I have heard similar news more than once, but every time before, the results were comparable to those of the national football team: the people of the whole country were expected for half a day, and the results were all disappointing. This time, the red flag is back. Is it a repeat of the same mistakes or a change for innovation? All this depends on taking out decent products to speak.

　　Because the results of Hongqi brand’s previous "comeback" are hardly satisfactory, the H7 comeback even attracted a lot of skeptical eyes, but I am a person who doesn’t like to talk about things with "inherent experience", because change will always exist, just that some people become more and some people become less. If Hongqi’s new car can let us look at it with a new eye, it is necessary to give it a chance to prove its strength. Can Red Flag H7, which has just been listed, undertake this great task? Let’s find out through the test drive in Hangzhou before this listing.

　　The Red Flag H7 Media Test Drive held in Hangzhou actually preceded the listing conference, but it was not possible to meet with you until today under the restriction of confidentiality agreement. Although the test drive report came a little late, the advantage is that I can have more time to figure out the various characteristics of this car and measure its value more pertinently according to the pricing.

　　The price of the red flag H7 for ordinary consumers jumped from 299,800 yuan. I must say that this price is not expensive! Because this is the cheapest domestic medium and large car you can buy. Imagine that you can buy a medium-sized and large-sized car with the model level and size equivalent to A6L and the configuration level reaching A6L middle and high level (the asking price of the Audi A6L with the same configuration is at least 450,000 yuan) with the money of buying a low-priced Audi A4L, which is very cost-effective in any case.

　　In the past, Hongqi failed many times in the process of marketization. On the one hand, it lacked competitive products (waistcoats built by obsolete Audi and Lincoln), and on the other hand, its positioning price was out of touch with the market (Hongqi is more expensive than the prototype). This time, the marketing strategy of Hongqi H7 is quite rational. The 2.0T offers three models, which is believed to be the main sales model. The price of 300,000-400,000 is also the most mainstream and most popular price range of this kind of car. The significance of the 3.0L model is to upgrade the brand grade. There is little difference between the 2.0T and 3.0L models in terms of configuration. Which one is more cost-effective? Please click to view the "Red Flag H7 Car Purchase Guide".

　

　　The biggest question: Is H7 the red flag of "China people"?

　　I believe this is the most eager answer for all China people who are concerned about the red flag brand. As for the origin of the red flag of the "national car", it is mainly because there was a similar "criminal record" in the history of the red flag, so when the brand-new red flag H7 was born, it is inevitable that there will be doubts in this respect. There are even rumors that H7 is the "vest" version of the new Crown, or that the 2.0T engine comes from the 2.0TFSI of Audi A6L, etc … Is this true?

　　With these questions, I specially found Dr. Li, who was in charge of the research and development of Hongqi H7 project, at the test drive meeting of Hongqi H7. Dr. Li told me with certainty that Hongqi H7 was the first model developed by FAW Car in full accordance with the forward direction, and every step was done in accordance with the development procedures of international mainstream automobile manufacturers from project establishment, design finalization, prototype trial production, prototype testing, factory trial production to official production. The saying that "the V6 engine comes from Crown and the 2.0T engine comes from Audi" is completely wrong, and the engine of Hongqi H7 was built from scratch.

　　In fact, if you do a little careful research, you will find that the cylinder diameter, stroke and compression ratio of the 2.5L and 3.0L engines carried by Hongqi H7 are completely different from those of Toyota V6 engine. In addition, the angle between the two cylinders of Hongqi V6 engine is 90, while the angle between the two cylinders of Toyota Crown V6 engine is 60, which shows that the two engines are not even the same in infrastructure. To put it bluntly, they are two completely different engines without any blood relationship. So the myth that "H7 uses Crown Engine" can be terminated here.

　　Dr. Li introduced the story behind Hongqi H7 engine. In fact, 2.0T and 3.0L V6 engines, as well as the 2.5L V6 engine specially designed for government procurement, all came from the same technical platform. As early as the establishment of Hongqi H7 project, FAW decided to build a complete engine technology platform, which started with a single-cylinder experimental machine with a displacement of 0.5L. This single-cylinder experimental machine is used to verify its combustion characteristics, and after all aspects of performance are verified, the finished engines with different cylinder numbers and displacements are derived from this single-cylinder engine as the technical platform.

　　At the Beijing Auto Show in 2012, FAW Car has demonstrated its self-developed engine, which is derived according to the displacement of a single cylinder of 0.5L The 4-cylinder engine is 2.0T assembled on Hongqi H7 today, while the V6 engine is 3.0L. The 2.5L engine specially made for government procurement was obtained by changing the cylinder stroke on the basis of 3.0L. In addition, Dr. Li also said that this engine platform can also make many derivative models such as V8 and V12, but not all models have been put into mass production. At present, Hongqi H7 is equipped with the first products of this series of engines.

　　I was lucky enough to get a 2.0T model for this test drive. I believe this car has the most reference significance for consumers who plan to buy Hongqi H7. After all, the price is relatively cheap. First of all, its engine, the 2.0L four-cylinder engine, was introduced clearly just now, and it is a real "China Heart". It is matched with the TD04 turbocharger produced by Shanghai Lingzhong (Audi’s 2.0T uses Bogwarner’s K03 turbocharger, which is completely different). Shanghai Lingzhong’s technology and manufacturing process come from Mitsubishi Heavy Industries, which itself is a world-renowned turbocharger manufacturer, and TD04 is also a tested and mature product, so consumers can rest assured in this respect.

　　From the technical standards and parameters of the engine, this all-aluminum engine adopts multi-point electronically controlled gasoline injection and supercharged intercooling technology, and adopts a two-stage and three-layer silent chain drive timing system, which makes the engine have higher performance of suppressing noise and vibration. Although this 2.0T engine does not have the current popular gasoline direct injection technology (according to the engineer, it has been reserved in the design and can be upgraded at any time according to the market demand), its power parameters will not appear backward at all, and its book parameters can completely reach the level of similar engines of international manufacturers.

　

　　The transmission is purchased from Aisin Company’s 6-speed automatic manual transmission with sport mode. At present, the specification of 6AT can only be regarded as the most basic standard in medium and large-sized cars. After all, 7AT and 8AT are quite popular, and even 9AT is ready to move. However, there is no need to be too demanding in this respect, because it is a large-sized car that is biased towards government and business purposes, and it is enough to meet daily commuting with 6AT. As for performance, we should first consider its more affordable price than joint venture cars.

　　Let’s talk about the chassis and platform of H7 again. Because of the "criminal record" of Hongqi HQ3 and Shengshi, the question of whether H7 will use the new Crown platform will naturally come. In this respect, the manufacturer’s staff said that FAW had made reference to other joint venture models in the group when developing the chassis of Hongqi H7. For example, the suspension structure really looks like a crown. After all, H7 is the first time that FAW Car is being built in the way of forward research and development, so the process of reference and learning is still essential. As for how many ingredients belong to learning and how many ingredients are developed by myself, I didn’t get the exact answer, but it doesn’t matter, we don’t have to worry too much about the lineage, whether it is a good car or not, we can only see the real chapter when we drive to the road.

　　In addition, there is good news. The technical reference of Hongqi H7 to Crown, Audi and other models is not completely accepted, because the engine architecture of Hongqi H7 is different from that of the reference model, and the parameters such as wheelbase and tread of Hongqi H7 are completely different from that of the control model. Dr. Li told us that only 5% of all the parts of Hongqi H7 are the same as the models of joint venture brands, and these 5% parts also include standardized parts in automobile manufacturing (such as bolts of general specifications of various manufacturers), so the proportion of independent procurement and manufacturing is very high.

　　As Dr. Li said, the proportion of parts manufactured by Hongqi H7 is very high, so how can we control the cost if we lose the cost advantage of sharing parts with joint venture partners within the group? This really took a lot of effort, so it is natural to pay more attention to the selection of suppliers. In addition, the annual output target planning of Hongqi H7 has reached 30,000 units, so that the cost can be shared through scale. From this set output, we can see that Hongqi H7 is not just satisfied with the thousands of government-purchased cars. The root of its survival is to really go to the market and get a slice of the purchase of individuals and enterprises. Then, in front of Audi A6L, how can it persuade us to buy a domestic car?

Tesla and relevant departments are clearing the obstacles for the landing of FSD in China one by one, realizing data safety compliance and data exit arrangement, and approaching the core of the problem-training the autopilot system with user data from China.

During the Beijing Auto Show, on April 28th, at the invitation of the China Council for the Promotion of International Trade, Musk flashed in Beijing. The State Council Prime Minister Li Qiang met with Musk at Diaoyutai State Guesthouse. On the same day, Tesla passed the authoritative standards and requirements for national vehicle data security.

Tesla became the first enterprise in China to pass vehicle safety inspection. This is conducive to comprehensively lifting the ban on smart cars such as Tesla (such as government agencies, airports, highways, etc.).

These are for Tesla to launch its FSD service in China. On April 6th, Musk announced that Robotaxi (self-driving taxi service) would be released on August 8th, which is of special significance to the China market. Since then, the policies of relevant departments of Tesla and China have appeared, which seems to be a coincidence and echo.

Although users in China can purchase FSD software, its function has not been approved for use in China. At present, China car owners can use Tesla’s assisted driving Autopilot function, which can be turned on on the highway. FSD is a more autonomous driving assistance function, which can be used in urban public roads, including automatic parking, automatic lane change and traffic navigation.

There are many obstacles for FSD to land in China. In response to this matter, we analyzed it in a previous article.Possible solutions for Tesla FSD.

Landing in China FSD, Musk facesA dilemma: either allow China users to drive data out of the country to the United States; Either Tesla tries to get its FSD model to be trained in China, but this requires the deployment of Tesla in China.Computational powerCluster.Musk once said that the number of H100 owned by Tesla is second only to Meta.

In the former, the personal data of millions of car users leaving the country is a very challenging problem at present. The latter, let the United States allow the most advanced AI chips and computing clusters to be deployed in China, train local data and build models for local use, but the United States will not release them. The United States has repeatedly imposed restrictions on the export of the most advanced AI chips to China. What should we do?

If the China government lets the data out of the country, or finds a compromise, it will be a moment of "game change" and have a far-reaching impact. It will open the most spacious avenue for Musk’s FSD technology to be promoted globally.

Can a special middle zone be opened between China and the United States, such as a special area in Shanghai, where China’s data and American computing power clusters can be placed, and a data management organization can be established between the two sides to ensure that they are not used for other purposes, and both sides can control their own technologies and data.

Now, it seems to be moving in the direction we expected. China released some Tesla data abroad, while Tesla set up a computing data center in China.

Tesla realized the localized storage of data in Shanghai as early as 2021, but did not further process the data. From the commercial and technical point of view, it is the most efficient way to export China’s user data to Tesla’s American cluster for training.

Everything depends on human effort. On May 17th, foreign media reported that Tesla decided to set up a data center in China to train its autonomous driving technology. This is a major strategic shift for Tesla. Musk insisted on sending the data to the United States for training and processing.

Tesla has sold 1.8 million cars in China, and a large amount of data generated in the complicated traffic conditions in China is of great strategic significance for Tesla to promote its FSD technology in China and around the world.

Tesla may need to establish a data center with a partner in China. According to foreign media reports, Tesla and NVIDIA discussed the establishment of a computing cluster in China, but American law prohibits British communication from exporting advanced GPU chips to China. One option is to use a scaled-down H20 chip licensed by NVIDIA for export to China, or use the most advanced domestic GPU in China.

Musk also proposed to license its FSD system to China automobile manufacturers, and has already negotiated with a major manufacturer in China for authorization cooperation. At present, the price of FSD in China is about 64,000 yuan.

While China is investing in building a data center, Musk hopes to allow it to transmit data to the United States.

On the same day, the general data list of data cross-border scene in Lingang New Area of China (Shanghai) Pilot Free Trade Zone and its supporting operation guide were announced. The first batch of general data list includes intelligent networked automobile, Public Offering of Fund and biomedicine.

According to Xinhua News Agency, taking the field of intelligent networked vehicles as an example, the general data list specifically involves four scenarios, such as transnational manufacturing, global R&D testing, after-sales service and global trade of used cars, 23 data categories, such as R&D design data and after-sales service records, and 158 data fields, such as vehicle chassis drawings and product sludge models.

Liberation Daily also interviewed Tesla’s head of information technology in the Asia-Pacific region. He said that "the introduction of the list will bring more convenience to Tesla’s global business management, R&D testing and overseas market development."

These data do not include the personal information of Tesla owners, such as vehicle data, diagnostic data, infotainment system data and autopilot data, especially the video shared by users who are most valuable for autopilot system training. In the global after-sales service scenario of the general data list, there are data such as vehicle fault analysis, maintenance and after-sales records that really need cross-border flow during the after-sales process.

Shortly after Musk came to Beijing, on May 14th, the Biden administration of the United States announced that it would impose a 100% tariff on electric vehicles in China. As the future car networking is the general trend, the United States may completely block China’s (electric) cars from the United States on the grounds of safety.

The United States is trying to build a North American fortress of the automobile industry. The European Union is also launching a countervailing investigation on electric vehicles in China, but it will not completely break the chain with electric vehicles in China like the United States.

For China, the introduction of FSD is of great significance, which is just the beginning. Musk’s AI map also includes artificial intelligence company xAI, humanoid robot Optimus and so on.

There are only nearly two months left before Musk released his Robotaxi on August 8, and it seems that Tesla and relevant departments are moving towards that day step by step.

Jingshang Sinotrans Zi [2022] No.32

Bureau of Commerce of each district, Bureau of Commerce and Finance of Development Zone, and relevant units:

　　According to the relevant provisions of the Notice of the Ministry of Finance and the Ministry of Commerce on Printing and Distributing the Measures for the Administration of Special Funds for Foreign Trade and Economic Development (Cai Jian [2022] No.3, hereinafter referred to as the Measures for Funds) and the Notice of the General Office of the Ministry of Finance and the General Office of the Ministry of Commerce on the Key Work of Special Funds for Foreign Trade and Economic Development in 2022 (Cai Ban Jian [2022] No.37), in order to do a good job in the declaration of import discount projects in 2022, we will now make relevant statements.

　　I. Basic information

　　The import discount is subject to catalog management, and this import discount declaration is based on the Catalogue of Technologies and Products Encouraged to Import (2016 Edition) issued by the National Development and Reform Commission, the Ministry of Finance and the Ministry of Commerce. The catalogue includes three parts: advanced technology encouraged to import, important equipment encouraged to import and key industries encouraged to develop. The Service Trade Department of our bureau is responsible for encouraging the introduction of advanced technology, and the Foreign Trade Operation Department is responsible for encouraging the import of important equipment and encouraging the development of key industries.

　　Second, the enterprise application conditions

　　(1) Import the products listed in the Catalogue of Technologies and Products Encouraged to Import (2016 Edition) issued by the National Development and Reform Commission, the Ministry of Finance and the Ministry of Commerce (hereinafter referred to as the Catalogue) and the new edition of the Catalogue issued according to the changes of the situation (excluding old products), or import the technologies listed in the Catalogue from non-affiliated enterprises.

　　(2) The applicant enterprise for imported products shall be the consuming and using unit on the Import Goods Declaration Form; The applicant for technology import shall be the technology user on the Registration Certificate of Technology Import Contract.

　　(3) The import declaration of imported products shall be completed from July 1, 2021 to June 30, 2022 (subject to the customs clearance date); The imported technology shall execute the contract from July 1, 2021 to June 30, 2022, and obtain the foreign exchange payment certificate issued by the bank.

　　(four) the technology import contract does not contain provisions that violate the regulations of People’s Republic of China (PRC) Municipality on the administration of technology import and export (the State Council DecreeNo. 331st).

　　(5) The equipment imported under "Key Industries to Encourage Development" in the Catalogue is not included in the Catalogue of Imported Commodities Not Exempted from Tax for Domestic Investment Projects (Adjusted in 2012) (Announcement No.83 of Ministry of Finance, National Development and Reform Commission, General Administration of Customs and State Taxation Administration of The People’s Republic of China, 2012).

　　(6) The total amount of imported products and technologies meeting the above conditions shall not be less than 500,000 US dollars.

　　(7) According to the relevant requirements, central enterprises in Beijing (all enterprises affiliated to central enterprises shall be declared through the Central Enterprise Group) shall be declared through their central departments (institutions), and the Beijing Municipal Bureau of Commerce will no longer accept them.

　　Third, the application materials

　　(1) Application documents signed by the legal representative of the enterprise (Annex 1), including: basic information of the enterprise, import purposes, expected benefits, project performance objectives (completion of work and objectives), etc.

　　(2) Notes on the Declaration of Import Discount Matters in 2022 (Annex 2) and electronic data.

　　(3) Business license of the enterprise (photocopy).

　　(4) Application Form for Import Discount Matters in 2022 (Annex 3) and electronic data.

　　(5) Import product order contract or technology import contract (photocopy, Chinese translation is required for non-Chinese contracts).

　　(six) imported products, the need to provide the "People’s Republic of China (PRC) Customs Import Goods Declaration Form" (copy or printed copy of the enterprise retained).

　　(7) If technology is imported, it is required to provide the Registration Certificate of Technology Import Contract, Data Sheet of Technology Import Contract and the foreign exchange payment certificate (photocopy) issued by the bank indicating the technology import contract number. If the technology user is inconsistent with the foreign exchange payment unit, the agency contract of both parties shall be provided. The amount of technology import refers to the amount of technology fees paid for importing technologies in the Catalogue from non-affiliated enterprises through transfer, licensing, commissioned development, cooperative development, technical consultation, etc. (excluding equipment, training, debugging, travel and other expenses, excluding technology import fees paid in proportion based on annual sales and profits). Please indicate the technology import contract number, technology name and the amount of foreign exchange payment that meets the discount conditions on the payment voucher.

　　(8) To import the equipment under "key industries to encourage development", it is necessary to provide the Confirmation of Domestic and Foreign-funded Projects Encouraged by the State (or the Confirmation Notice of Applicable Encouraged Industrial Policies issued by the Customs, including the list and photocopy of imported equipment attached to the confirmation letter or notice), the Certificate of Tax Exemption for Import and Export Goods (photocopy) and the Import Goods Declaration Form (photocopy). If the tax exemption certificate cannot be obtained because the tariff is zero, the tax exemption certificate may not be submitted, but the relevant situation shall be explained in the application report, and the certification materials that the relevant goods are zero tariff shall be submitted; Belonging to the "National Engineering (Technology) Research Center, National Engineering Laboratory, State-recognized Enterprise Technology Center, Key Laboratory, High-tech Entrepreneurship Service Center, New Product Development and Design Center, Scientific Research Pilot Base and Experimental Base Construction" in the third part of the Catalogue, it is not necessary to submit the Confirmation of Domestic and Foreign Projects Encouraged by the State, but it must be submitted to the Ministry of Science and Technology, the National Development and Reform Commission and other departments.

　　(nine) if the important equipment has technical parameters, it is necessary to provide import contracts or product manuals and other relevant certification materials that list the technical parameters of the goods.

　　(ten) the introduction of technology should explain whether it is introduced from affiliated enterprises, and the relevant information should be explained with supporting materials if the enterprise is renamed.

　　The above materials must be stamped with the official seal of the enterprise.

　　Iv. Work progress and reporting time

　　(1) Submit written materials on site from July 25th to July 29th, 2022 (in duplicate).

　　(2) Check the original materials on site from August 8 to August 12, 2022, and submit the bound paper materials (with page numbers) in triplicate and electronic data (submitted by USB flash drive).

　　V. Place and method of submitting materials

　　Venue: The application materials shall be delivered to the conference room on the second floor of Annex 6, Xili South District, Chaoyang Park, Chaoyang District, Beijing.

　　Method: In order to do a good job in epidemic prevention and control and avoid the possible infection risk caused by crowd gathering, this year’s import discount materials are submitted by appointment system. The reporting enterprise shall complete the telephone appointment from July 20th to July 22nd (9:00-18:00), submit the written materials at the site according to the agreed time, and will not accept the appointment afterwards. Each unit shall send at most one person to the site to declare the materials. Please leave the name and mobile phone number of the person when making an appointment.

　　Appointment telephone number for submission of materials: 17610520360

　　Business consultation telephone (product): 55579519

　　Business consultation telephone number (technology): 55579493

　　VI. Training and other arrangements

　　In order to do a good job in the declaration of import discount projects in 2022, the Municipal Bureau of Commerce is scheduled to hold a training meeting on the project declaration process from 15: 00 to 16: 30 on Monday, July 18, and enterprises that intend to declare can voluntarily participate. The training adopts online conference (Tencent conference number: 823614617), and participating enterprises need to download the "Tencent Conference" client in advance.

　　In order to facilitate communication and receive notification information, enterprises applying for intention can scan the QR code (Annex 4) and join the "Beijing 2022 Import Discount Declaration" WeChat group. Please note "enterprise name+contact person name" for enterprises joining the group.

　　I hereby inform you.

Beijing Municipal Bureau of Commerce　　　　

July 13th, 2022